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

[august]

Hi, little twirp, don't change topic. I alone debated the whole gaggle of you in 2007, 2008, and 2009. I argued that CCR properties are overvalued and had no place to go but down, and you guys jumped on me and used all kinds of foul language against me. You, HP65, XeBay, August, Reporter, Avatar, and many more are a bunch of losers. I called you losers because you had eyes but your eyes were blind to where real estate in Singapore was going.

my ccr has not gone down, loser.
arent u exposed as some nus lecturer?

[relax88]

Didn't I tell you that 7 years ago?

I tell u , 20 years later u will die. Just wait, you will die one. Confirm plus chop, if you dont die, I buy you dinner

but also got 50% chance you might die tomorrow so, everyone be my witness, you will die one

[Heng]

05-12 advertised for sale at 2.08m by cbre ann teo : see attached

Property Name: Holland Residences
Property Type: Condominium
Price: S$ 2,080,000
Price (psf): S$ 1,287.93 psf (built-up)
Floor Area: 1,615 sqft / 150.04 sqm (built-up)

Ann's photos on property guru shows #05-12 but she has got size wrong:
should be 1,711 sq ft instead of 1,615 sq ft

From another posting in property guru
1,711 sq ft includes Void 8 sq m : roof 54 sq m : a/c 2 sq m

Developer: Allgreen Properties Limited
Tenure: Freehold
TOP Year: 2013

Description

* 2 bedroom duplex penthouse, #05-12
* 1711sf/159sqm

Breakdown of areas (sq m)
- A/C Ledge is 2 sq m
- Roof Terrace is 54 sq m
- Void is 8 sq m

Meaning after less out void, air con ledge, roof, very much less than 1,711 sq ft

This posting of 1,711 sq dt for #05-12 is correct rather than Ann Teo's posting of 1,615 sq ft

[teddybear]

Ha ha ha! You must be arguing to ghost, not me. Please go check, I joined this forum only in March 2009!

And for the sake of argument, you must have been very stupid to buy in 2007, OCR or not!

Hi, little twirp, don't change topic. I alone debated the whole gaggle of you in 2007, 2008, and 2009. I argued that CCR properties are overvalued and had no place to go but down, and you guys jumped on me and used all kinds of foul language against me. You, HP65, XeBay, August, Reporter, Avatar, and many more are a bunch of losers. I called you losers because you had eyes but your eyes were blind to where real estate in Singapore was going.

[teddybear]

This is a good reply!

I tell u , 20 years later u will die. Just wait, you will die one. Confirm plus chop, if you dont die, I buy you dinner

but also got 50% chance you might die tomorrow so, everyone be my witness, you will die one

Didn't I tell you that 7 years ago?

[stalingrad]

I tell u , 20 years later u will die. Just wait, you will die one. Confirm plus chop, if you dont die, I buy you dinner

but also got 50% chance you might die tomorrow so, everyone be my witness, you will die one

Hi, I guess people say you guys are stupid not for no reason. Of course, you can predict someone will die eventually and be right about it. But can you predict that CCR properties will go to the dog and OCR properties will shine in the next 5 years and be right about it, if were as stupid and August and Teddybear. NO!!!

[stalingrad]

my ccr has not gone down, loser.
arent u exposed as some nus lecturer?

Then try to sell it for more than you could get in 2007. Unlike you, I don't expose myself in public. I don't even live in Singapore.

[stalingrad]

Ha ha ha! You must be arguing to ghost, not me. Please go check, I joined this forum only in March 2009!

And for the sake of argument, you must have been very stupid to buy in 2007, OCR or not!

NO, it was you. You were the stupidest of all that I argued with, and now you have become a big liar to boot.

You were the one that kept saying, properties at Orchard are the best, and the most prestigious, and rich people don't care that they can't rent it out, blah, blah, blah. All the bull crap. Now, you can't even sell your shitty orchard properties at prices that Jurong properties can command. A bunch of stupid losers.

[mosaic]

lol. Rich people with multiple properties really alot of time to argue. sibei sad. Got all these properties and money also no use. Life still so full of angst...Lol.

[teddybear]

Biggest joke of all times I ever hear...............

NO, it was you. You were the stupidest of all that I argued with, and now you have become a big liar to boot.

You were the one that kept saying, properties at Orchard are the best, and the most prestigious, and rich people don't care that they can't rent it out, blah, blah, blah. All the bull crap. Now, you can't even sell your shitty orchard properties at prices that Jurong properties can command. A bunch of stupid losers.

[thomastansb]

What cock you talking? You compare Jurong with Orchard? Jurong prices > orchard? Your figures from your imagination one ah

IF what you said is true, those jurong buyers really stupid to the max. Only brainless idiots will pay > orchard prices for a suburban birds don't lay eggs Jurong.

NO, it was you. You were the stupidest of all that I argued with, and now you have become a big liar to boot.

You were the one that kept saying, properties at Orchard are the best, and the most prestigious, and rich people don't care that they can't rent it out, blah, blah, blah. All the bull crap. Now, you can't even sell your shitty orchard properties at prices that Jurong properties can command. A bunch of stupid losers.

[thomastansb]

Sail has already surpassed 2007 level fyi. You just pick a few units and do selective comparison. How dumb can you get?

Then try to sell it for more than you could get in 2007. Unlike you, I don't expose myself in public. I don't even live in Singapore.

[bargain hunter]

left this out till the bros at sophia residences reminded me to check:

#03-21 1055 sq ft

Bought 7 Sep 2009 1634psf
Sold 24 Mar 2014 1517psf

[economist]

left this out till the bros at sophia residences reminded me to check:

#03-21 1055 sq ft

Bought 7 Sep 2009 1634psf
Sold 24 Mar 2014 1517psf

hmm, someone posted in propertyguru review in Feb 2014 that "contractor went bust.. project progress at a standstill", not sure if it is true

[johnlee]

Some guys cashing out now even at losses as may be larger losses in future. Suck up the loss, cash up and live to invest another day. One think you realize is that when a downturn actually comes, one usually has very little cash! So sucking up the loss now may be just an investment in the future

[heehee]

The one by Guccoland? What a bargain!

left this out till the bros at sophia residences reminded me to check:

#03-21 1055 sq ft

Bought 7 Sep 2009 1634psf
Sold 24 Mar 2014 1517psf

[Ringo33]

left this out till the bros at sophia residences reminded me to check:

#03-21 1055 sq ft

Bought 7 Sep 2009 1634psf
Sold 24 Mar 2014 1517psf

I posted this one on the SR thread.

[dtrax]

I posted this one on the SR thread.

I could recall an insanely high proportion of indons hooted there, that developer has more than 40% hooted by FT n PR, could probably be one of those cashout sale by FT. Sell lower but still make much more on forex exchange

[stalingrad]

left this out till the bros at sophia residences reminded me to check:

#03-21 1055 sq ft

Bought 7 Sep 2009 1634psf
Sold 24 Mar 2014 1517psf

Two points here. First, this is the condo named by Teddy in a contest of price appreciation between CCR and OCR properties. The other is my former humble abode Carabelle.

Second, Teddy kept harping that if one bought a condo in 2009 and sells it now, one would be make a ton of dough.

[johnlee]

Landed market seems to be bucking the trend. Still very robust. I think a lot of guys feeling still like if I don't buy now I won't be able to afford in the future.

[bargain hunter]

Rivergate

#39-06 2077 sq ft

Bought 16 Nov 2007 2050psf
Sold 31 Mar 2014 2022psf

slight loss.

[bargain hunter]

Wilkie Studio #03-11 1292 sq ft

Bought 27 Dec 2007 1842psf
Sold 9 Apr 2014 1394psf

loss of 24.32%. most pple will say de-coupling?

[bargain hunter]

Urban Suites

#10-07 2002 sq ft

Bought 5 Feb 2010 2422psf
Sold 10 Mar 2010 2348psf

[bargain hunter]

Sixth Avenue Resi

#05-17 2605 sq ft

Bought 30 Jul 2007 1400psf
Sold 8 Apr 2014 1190psf

[bargain hunter]

Park Infinia #26-01 1442 sq ft

Bought 26 May 2011 1850psf
Sold 8 Apr 2014 1837psf

incur SSD?!!?!

[Poloclub]

Wilkie Studio #03-11 1292 sq ft

Bought 27 Dec 2007 1842psf
Sold 9 Apr 2014 1394psf

loss of 24.32%. most pple will say de-coupling?

Purchase price in 2007 is way too high for this project

[Allthepies]

Any CBD (district 1/2) 1 bedder 300m from MRT tat lose money?

[bargain hunter]

there was a lot of hype back then.

Purchase price in 2007 is way too high for this project

[bargain hunter]

1 bedder shouldn't lose money. even if more than 300m from mrt.

Any CBD (district 1/2) 1 bedder 300m from MRT tat lose money?

[amk]

Park Infinia #26-01 1442 sq ft

Bought 26 May 2011 1850psf
Sold 8 Apr 2014 1837psf

incur SSD?!!?!

looks like it. desperate seller.
for buyer, a decent (not yet bargain) deal.

really a good time to look for good deals in CCR. there is always some one who cannot hold. 2-3mil is the bracket many middle income investors stretched to play.