so many pple viewing this forum? it was indeed 2.6m! wah, every time i post soon after that agent changes.
Originally Posted by dtrax
Senior
so many pple viewing this forum? it was indeed 2.6m! wah, every time i post soon after that agent changes.
Newbie
Have. I was just asked to pay next 15% on the 1st 20%, so total 35% nowmy bad....its either 30% or 40%.....dun hf 35%....LOL (most WB units oredi hit 40% payment schedule
Junior
PSFs of the day:
PAVILION 11 23 Akyab Road #14-03 1 138 Strata 2,000,000 14493 1346 23-MAR-2012 Condominium Freehold 2009 Resale Private 11 30 309978 Central Region Novena
REFLECTIONS AT KEPPEL BAY 25 Keppel Bay View #13-79 1 109 Strata 1,898,888 17421 1618 23-MAR-2012 Condominium 99 Yrs From 15/03/2006 2011 Sub Sale Private 04 09 098415 Central Region Bukit Merah
REFLECTIONS AT KEPPEL BAY 33 Keppel Bay View #23-95 1 134 Strata 3,100,000 23134 2149 23-MAR-2012 Condominium 99 Yrs From 15/03/2006 2011 Sub Sale Private 04 09 098419 Central Region Bukit Merah
ICON 10 Gopeng Street #08-03 1 53 Strata 1,070,000 20189 1876 23-MAR-2012 Apartment 99 Yrs From 29/01/2002 2007 Resale HDB 02 07 078878 Central Region Downtown Core
LUCKY PLAZA 304 Orchard Road #11-03 1 81 Strata 1,656,800 20454 1900 23-MAR-2012 Apartment Freehold 1981 Resale Private 09 23 238863 Central Region Orchard
ORCHID PARK CONDOMINIUM 87 Yishun Street 81 #08-01 1 111 Strata 808,000 7279 676 23-MAR-2012 Condominium 99 Yrs From 01/09/1991 1994 Resale HDB 27 76 768448 North Region Yishun
SENTOSA COVE 9 Coral Island 1 902 Land 17,680,000 19603 1821 22-MAR-2012 Detached House 99 Yrs From 27/02/2005 2007 Resale Private 04 09 098568 Central Region Southern Islands
HUNDRED TREES 95 West Coast Drive #10-31 1 73 Strata 910,000 12466 1158 22-MAR-2012 Condominium 956 Yrs From 27/05/1928 Uncompleted Sub Sale HDB 05 12 128002 West Region Clement
SERANGOON GARDEN ESTATE 106 Cowdray Avenue 1 201 Land 3,000,000 14918 1386 22-MAR-2012 Terrace House 999 Yrs From 01/01/1954 Unknown Resale Private 19 55 558105 North East Region Serangoon
L'VIV 23 Newton Road #27-04 1 57 Strata 1,290,000 22632 2103 22-MAR-2012 Apartment Freehold Uncompleted Sub Sale HDB 11 30 307955 Central Region Novena
ESPADA 48 St. Thomas Walk #10-03 1 33 Strata 920,000 27879 2590 21-MAR-2012 Apartment Freehold Uncompleted Sub Sale Private 09 23 238126 Central Region River Valley
ESPADA 48 St. Thomas Walk #02-07 1 33 Strata 840,000 25455 2365 21-MAR-2012 Apartment Freehold Uncompleted Sub Sale Private 09 23 238126 Central Region River Valley
Junior
I'm waiting for bargain hunter to post some fire sale deals
Senior
where got every day have fire sale deals? have u mopped up that $4m One Tree Hill Residence unit yet or not?
I'm waiting for bargain hunter to post some fire sale deals
Senior
only 1 lower transaction for this size in the last 2 years for this project at 2099psf. considering this is a high floor, the seller made a loss?
Junior
Is Cairnhill Crest a good buy? Seem to be the cheapest development in the cairnhill area.... how come ah?
Global recession is coming....
Poor interior quality.
Newbie
Boss, when you have the chance, could I bother you to post the recent Rivergate ones? There ought to be 1 2-bedder and 2 3-bedders. Thanks in advance
Junior
But as what you said interior just pay 50psf can get nice nice liao right?
So why dont buy cheap and then spend exta 150k to make it into dream home? What do you think?
Global recession is coming....
When buying prime properties and pay >$2000 psf, you would expect good quality right? You can change all interior to best quality, but you can't change all exterior and common facilities and areas to best quality.
The poor interior quality suggests to people that exterior quality and common facilities' quality could be as poor, as well all the materials hidden in the walls (pipings etc) and hence reduce people's interest in the project. When I viewed a few units there when they are 3 years old, I thought I was viewing a 10-year old project! Ops! I thought may be 1 unit not maintained well, but all of them like that!
By the way, to change interior to good quality like those in luxury condos, you need at least $250 psf of renovation. $50 psf you only get lousy quality (good enough for mass market projects but not luxury projects).
Junior
Ya but not much interesting transactions so din post allBoss, when you have the chance, could I bother you to post the recent Rivergate ones? There ought to be 1 2-bedder and 2 3-bedders. Thanks in advance
RIVERGATE 93 Robertson Quay #22-04 1 140 Strata 2,742,740 19591 1820 15-MAR-2012 Apartment Freehold 2009 Resale Private 09 23 238255 Central Region Singapore River
RIVERGATE 99 Robertson Quay #33-12 1 139 Strata 2,992,000 21525 2000 13-MAR-2012 Apartment Freehold 2009 Resale Private 09 23 238258 Central Region Singapore River
RIVERGATE 99 Robertson Quay #12-13 1 98 Strata 2,100,000 21429 1991 09-MAR-2012 Apartment Freehold 2009 Resale Private 09 23 238258 Central Region Singapore River
Junior
It is a sub-sale but the original sale was not lodge in caveat, so I dont know
Newbie
Thanks DTrax! #22-01 looks like a nice price! I've seen stack 4 units before.. quite nice.. if you look to the right, can see flyer, MBS, river, etc.
Newbie
BELMOND GREEN BALMORAL ROAD Condominium 1 1,820,000 1,259 Strata 1,445 Mar-12
BELMOND GREEN BALMORAL ROAD Condominium 1 2,297,750 1,313 Strata 1,750 Feb-12
BELMOND GREEN BALMORAL ROAD Condominium 1 2,300,000 1,313 Strata 1,751 Feb-12
BELMOND GREEN BALMORAL ROAD Condominium 1 2,100,000 1,281 Strata 1,639 Dec-11
BELMOND GREEN BALMORAL ROAD Condominium 1 1,750,000 969 Strata 1,806 Nov-11
BELMOND GREEN BALMORAL ROAD Condominium 1 2,300,000 1,335 Strata 1,723 Oct-11
BELMOND GREEN BALMORAL ROAD Condominium 1 1,650,000 969 Strata 1,703 Sep-11
BELMOND GREEN BALMORAL ROAD Condominium 1 1,638,000 980 Strata 1,672 Sep-11
BELMOND GREEN BALMORAL ROAD Condominium 1 1,640,000 969 Strata 1,693 Aug-11
BELMOND GREEN BALMORAL ROAD Condominium 1 1,638,000 980 Strata 1,672 Aug-11
BELMOND GREEN BALMORAL ROAD Condominium 1 2,190,000 1,281 Strata 1,710 Jul-11
The most successful investors are defined by their actions in a bear market, not a bull market.
Senior
but 1259 sq ft could be a 2 bedder with PES and not necessarily a 3 bedder. so it may not necessarily be a drop. maybe dtrax can confirm it for us if he is free.
Junior
First flr, probably patiobut 1259 sq ft could be a 2 bedder with PES and not necessarily a 3 bedder. so it may not necessarily be a drop. maybe dtrax can confirm it for us if he is free.
Junior
BELMOND GREEN 15B Balmoral Road #01-09 1 117 Strata 1,820,000 15556 1445 23-MAR-2012 Condominium Freehold 2004 Resale Private 10 25 259817 Central Region Tanglin
BELMOND GREEN 15B Balmoral Road #01-09 1 117 Strata 1,200,000 10256 953 07-SEP-2006 Condominium Freehold 2004 Resale HDB 10 25 259817 Central Region Tanglin
BELMOND GREEN 15B Balmoral Road #01-09 1 117 Strata 967,500 8269 768 21-SEP-2004 Condominium Freehold 2004 New Sale Private 10 25 259817 Central Region Tanglin
BELMOND GREEN 15B Balmoral Road #01-09 1 117 Strata 1,760,000 15043 1398 01-JUN-2010 Condominium Freehold 2004 Resale Private 10 25 259817 Central Region Tanglin
Senior
wow, i didn't expect it to be a net loss though (unless seller is agent). some pple are really clearing the units bought before 2011 coz those bought after are stuck?!
Senior
Wah, the last seller huat ah. Made the most money.
Senior
Is this a 2 or 3 bedder?
Senior
It was the second seller that made the most, pardon me. The rows are not chronological arranged.
Senior
very likely 2 bedder with patio.
Senior
that's very natural since purchase date is 06, before the big bull run.
the latest seller proved the point that very difficult to make money if bought CCR in 2010. Capital appreciation in the last 2 years have been minimal.
Senior
1398 on a non ground floor unit still can make decent money, he went to buy a ground floor unit at non-ground floor prices. Plus, CCR resale has lagged the market.
Junior
I think it's difficult to make money now if bought in 2010 for any large quantum pties, CCR or OCR. Lower LTVs and ABSD basically crippled secondary market. More over, a mere 2y holding period is for speculators.
And what do you think the capital appreciation prospect would be for new OCR buys now ?
Senior
but OCR bought in 2010 would have made at least a decent return.
new 2012 purchases, CCR (if any), RCR, OCR, all difficult to make money lah. quite obvious right?
Newbie
For most properties, still can make decent amt of money if bought in 2010, unless buyer paid over the odds in select cases. ABSD also has lesser impact on MM units bec quantum involved is small. Agents say resale transactions increasing bec market stabilising, we will know soon enough if this is true.
Junior
Not necessarily. The OCR I sold in 2010, I think the buyer would not have made anything today. The CCR I bought in 2010, today it made 15% if based on last caveat in Feb. It all depends.
Ur rivergate definitely makes if bought in 2010 rite ?
Junior
In a way quite true. At the very minimum, no loss.
The other way to look at it in general case is that, all indices today are significantly higher than they were in 2010. So even a 10% or even a 20% correction is just back to 2010 level.... Very bad news for those sold their only roof in 2010 and had been waiting for the crash
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