A few CCR transactions sold at a loss (reported in The Edge)

[Jonathan0503]

How about Riverview Hotel? The rates are about S$150 a night for a 250 sq ft room. If book for 1 year, I think can get a 20% discount.

Not comparable.

MM with rental of $4k per month are at least 400 sq ft.

[thomastansb]

Everytime CM comes out, CCR will suffer the most. The more severe the CM is, the more drops we can expect from CCR. OCR on the other hand, will have more buyers. This is what I realise over the past 3 years. This also shows the CM are calibrated wrongly.

BOUGHT 2010-04-13 2063PSF 592 SQ FT
SOLD 2013-01-16 2044PSF

seller panicked by measures.

[DKSG]

panic sell could be due to many reasons:

1) overexposed and felt the need to reduce
2) view that market prices may drop
3) irrational panic

or for whatever other reason.

Alamak! They shld call Office Boy, I can help him out by paying $10 psf more, let him lose a bit lesser.

Anyone with such situations, please call Office Boy.

DKSG

[Ringo33]

a penthouse unit at the sail was sold on 18 Jan for 12.7 million. did seller make money?

[thomastansb]

Sail 3x-17 sold 1,917 psf. Looks like prices are not holding up well. About 7-8% dip. Looks like the prediction of 7% dip is coming true.

[bargain hunter]

i also want leh. but difficult lah. v kelong one.

Alamak! They shld call Office Boy, I can help him out by paying $10 psf more, let him lose a bit lesser.

Anyone with such situations, please call Office Boy.

DKSG

[bargain hunter]

no matching caveat was found.

a penthouse unit at the sail was sold on 18 Jan for 12.7 million. did seller make money?

[bargain hunter]

Capituland islandwide sale, in addition to d'leedon (since 19th jan) and interlace (from tomorrow, 1 feb 2013 after 2pm), it is also offering a 12% discount on the last 3 units of 4 bedders at latitude:

#06-04 2766 sq ft 1882psf $5,206,300
#14-02 2680 sq ft 1948psf $5,219,800
#14-04 2788 sq ft 1909psf $5,322,500

lowest caveat price price in last 2 years for non 2nd floor units is 2030psf for 2766 sq ft unit. highest psf is 2239psf, also for a 2766 sq ft unit.

[hopeful]

Capituland islandwide sale, in addition to d'leedon (since 19th jan) and interlace (from tomorrow, 1 feb 2013 after 2pm), it is also offering a 12% discount on the last 3 units of 4 bedders at latitude:

#06-04 2766 sq ft 1882psf $5,206,300
#14-02 2680 sq ft 1948psf $5,219,800
#14-04 2788 sq ft 1909psf $5,322,500

lowest caveat price price in last 2 years for non 2nd floor units is 2030psf for 2766 sq ft unit. highest psf is 2239psf, also for a 2766 sq ft unit.

i like capitaland. they dont protect the buyers who buy high. from 27xxpsf in 2007 can drop to 17xxpsf in 2009.

[ekl2ekl2]

i like capitaland. they dont protect the buyers who buy high. from 27xxpsf in 2007 can drop to 17xxpsf in 2009.

But even FarEast drops their prices in 2009. So everything is market driven and the need to balance their accounts.

[Sam88]

But even FarEast drops their prices in 2009. So everything is market driven and the need to balance their accounts.

yes, feo also dropped their prices during bad times. so strange how a myth (rumour) can become a fact

[bargain hunter]

bro, lucky u run fast.

i like capitaland. they dont protect the buyers who buy high. from 27xxpsf in 2007 can drop to 17xxpsf in 2009.

[thomastansb]

Where got protect buyers this kind of nonsense. The developers just want to make sure their cash flow stay strong during crisis. Just that FEO has more holding power than CL.

[bargain hunter]

how strange, seems like 14-04 sold but not 14-02. 14-04's almost 100 sq ft bigger is only due to a balcony at the back. 100k more for a balcony and an uglier number, i wonder why.

Capituland islandwide sale, in addition to d'leedon (since 19th jan) and interlace (from tomorrow, 1 feb 2013 after 2pm), it is also offering a 12% discount on the last 3 units of 4 bedders at latitude:

#06-04 2766 sq ft 1882psf $5,206,300
#14-02 2680 sq ft 1948psf $5,219,800
#14-04 2788 sq ft 1909psf $5,322,500

lowest caveat price price in last 2 years for non 2nd floor units is 2030psf for 2766 sq ft unit. highest psf is 2239psf, also for a 2766 sq ft unit.

[ekl2ekl2]

how strange, seems like 14-04 sold but not 14-02. 14-04's almost 100 sq ft bigger is only due to a balcony at the back. 100k more for a balcony and an uglier number, i wonder why.

There are some who just like more of the 4s.
Have asked this Q at launches before where the less auspicious nos got snapped up earlier, and got all kinds of answers, 14-04 when added together is 18.

[bargain hunter]

Bought 2007-08-28 624 sq ft 3888psf
Sold 2013-01-25 3684psf

[bargain hunter]

sold near the record psf of a similarly special 5 bedder last year but..........

bought 2011-08-25 2280psf 2390 sq ft
sold 2013-01-24 2510psf

need to pay 12% SSD?!?!?!?!

[bargain hunter]

Bought 2010-05-10 2125psf 2282sq ft
Sold 2013-01-23 1893psf

net loss > 700k.

[bargain hunter]

bought 2008-04-02 2586psf 1173 sq ft
sold 2013-01-22 1943psf

gross loss 25%. > 750k.

[bargain hunter]

1st and only sub sale, a tonne of unsold units still to go by developer and already

bought 2010-09-30 3022psf 570 sq ft
sold 2013-01-17 2871psf

[bargain hunter]

Another Asian celebrity acquires Twin Peaks unit
Jul 7, 2011 - PropertyGuru.com.sg

Two weeks after actor Jackie Chan and singer-songwriter Wakin Chau bought three apartments at the Twin Peaks condo development, Mandopop star JJ Lin acquired a 571 sq ft, one-bedroom unit at the project.

The 30-year-old Singapore-born Taiwan-based singer-songwriter-composer is understood to have purchased a unit at the 35-storey project, located above the the Hong Kong celebrities’ apartments.

Chau’s and Chan’s apartments are the same size as Lin’s and have a panoramic view of Orchard Road / Grange Road.

The 99-year leasehold Twin Peaks project is being developed by Overseas Union Enterprise (OUE) and is set to be completed by early 2014.

“Undoubtedly, the purchases by the celebrities have generated much interest in Twin Peaks and we are very encouraged by the response,” said a OUE spokeswoman.

Twin Peaks comprises twin 35-storey towers housing a mix of one-, two- and three-bedroom apartments, totalling 462 units. To date, it has sold approximately 60 apartments, with the highest price at S$3,170 psf.

The property developer is expected to re-launch the project before the end of this year, once its new show flat is ready.

[bargain hunter]

correction. its indicated as NEW SALE. that means the unit was sold, caveat lodged, in 2010, somehow unit returned and resold at this lower price.

1st and only sub sale, a tonne of unsold units still to go by developer and already

bought 2010-09-30 3022psf 570 sq ft
sold 2013-01-17 2871psf

[bargain hunter]

Bought 2007-10-12 2050psf 2131 sq ft
Sold 2013-01-22 1966psf

[bargain hunter]

even old projects:

bought 2007-06-26 1706psf 1582 sq ft
sold 2013-01-25 1738psf

gross gain of 1.88% can't cover stamp duty.

[bargain hunter]

but for the seller who overpaid in 2010:

bought 2010-11-30 1719psf 1948 sq ft
sold 2013-01-24 1796psf

hardly made anything.

[thomastansb]

Scary. High end too exciting for my heart to take. Better take cover first. Stock market has been shitting for the past few days and expected to shit for the next few days unless spain get their act together.

[bargain hunter]

all 3 units have been sold by yesterday. a 12% discount is sufficient.

Capituland islandwide sale, in addition to d'leedon (since 19th jan) and interlace (from tomorrow, 1 feb 2013 after 2pm), it is also offering a 12% discount on the last 3 units of 4 bedders at latitude:

#06-04 2766 sq ft 1882psf $5,206,300
#14-02 2680 sq ft 1948psf $5,219,800
#14-04 2788 sq ft 1909psf $5,322,500

lowest caveat price price in last 2 years for non 2nd floor units is 2030psf for 2766 sq ft unit. highest psf is 2239psf, also for a 2766 sq ft unit.

[bargain hunter]

bought 2008-04-02 2754psf
sold 2013-02-07 2161psf

743 sq ft

gross loss $440k

[mosaic]

bought 2008-04-02 2754psf
sold 2013-02-07 2161psf

743 sq ft

gross loss $440k

actually gross loss is 501,985.

[bargain hunter]

we should add in +3%-$5,400 huh. yeah i suppose.

actually gross loss is 501,985.