The Grange:
Following:
Sold 26 FEB 2015 3 GRANGE GARDEN #XX-XX 2,303sq ft 1,802psf
Bought 2 MAY 2008 2,692psf
we have:
Sold 27 MAR 2015 1 GRANGE GARDEN #XX-XX 2,282sq ft 2,279psf
Bought 19 AUG 2009 2,213psf
My question is, why didn't this 2nd buyer buy at the auction which was virtually uncontested? different facing worth $1m? both units are quite similar in sized standard 4 bedroom units at this project.
Belle Vue
SOLD 6 APR 2015 25 OXLEY WALK #XX-XX 2,271sq ft 1,673psf
BOUGHT 17 JUL 2009 1,847psf
Dear Bargain Hunter,
Can a caveat be `un-lodged' after it's been lodged in a public site? interesting...
When you have eliminate the impossible, whatever remains, however improbable, must be the truth
St Regis
Sold 6 APR 2015 31 TANGLIN ROAD #XX-XX 3,757sq ft 2,050psf
Bought 15 JUN 2006 2,333psf
http://www.aboutsingaporeproperty.co...-a-price-fall/
so could my earlier speculation be correct? the seller's name remained but whatever deal he did with someone who lent him some money caused a caveat to be lodged by the lender who wanted to stake his interest in this unit?
When you have eliminate the impossible, whatever remains, however improbable, must be the truth
[email protected]
10/26/07
to me
Customer Name :
ID Number :
Email Address : xx
Contact Numbers :
Feedback Received Date : 24/10/2007
Dear Mr
Thank you for your feedback. We have investigated and confirmed that the caveat of this unit at Southbank was lodged after the sub-purchaser signed fresh agreement with the developer. However, in lodging the caveat, the sub-purchaser quoted the price paid by the original purchaser instead of the sub-sale price. We have therefore removed the record since it does not reflect the actual transaction price. We apologise for any inconvenience caused.
Regards
Customer Support, Property Research Section
tel: +65 6329-3357 / +65 6321-8015
fax: +65 6321-6596
Urban Redevelopment Authority § Property Research Section § Privileged/Confidential information may be contained in this message. If you are not the intended recipient, you must not copy, distribute or use it for any purpose, nor disclose its contents to any other person. Please notify the sender immediately if you receive this in error § Check out our website at http://www.ura.gov.sg
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Your earlier feedback received on 24/10/2007 :
Is there a mistake on the unit price on Sep-07 for SouthBank Apartment for 583 $psf.
Floor Area (Sqft) Unit Price ($psf) Date
904 527,000 583 Sep-07
SOUTHBANK NORTH BRIDGE ROAD Apartment
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3 straight losses at the sail:
Sold 6 APR 2015 2 MARINA BOULEVARD #XX-XX 893sq ft 1,644psf
Bought 25 NOV 2010 1,791psf
Sold 2 APR 2015 6 MARINA BOULEVARD #XX-XX 614sq ft 2,037psf
Bought 24 JUN 2008 2,227psf
Sold 31 MAR 2015 2 MARINA BOULEVARD #XX-XX 1,798sq ft 1,992psf
Bought 4 MAY 2011 2,503psf
P.S. read about Mr. Ku Swee Yong being quoted on the edge and using our bro dtrax's theory of forex gains despite selling at loss. is he reading our forum and lifting info from here?
Not a loss on paper but a loss in reality.
4 Mar 2015 18 Spottiswoode Park Road #0x-03 388 1,974 7 Feb 2011 1,778 76,100 1,486 2.6
This one really idiot. Buy in July 2009 also can lose money.
BELLE VUE RESIDENCES
6 Apr 2015 25 Oxley Walk #0x-23 2,271 1,673 17 Jul 2009 1,847 -394,200 2,089 -1.7
even buy in 2006 at the start of the upturn and hold 9 years can also lose money, so let's not be too critical on anyone.
basically if you need to sell big CCR today, you will get slaughtered. These guys bought tanglin freehold/oxley freehold at low $2000s psf which would have been good prices in recent years....
By the way, it is not just on the resell market. The rental market is very harsh on big units too. Duchess Residences, the butt of many of our jokes, is renting for about $3.5 psf, about the same at my humble OCR Carabelle.
But the owners still want $2,000 psf for sales of their units, while Carabelle is selling for only $1,200-$1,300psf. I don't know what is in the pipes of DR owners. CCR is crumbling down in slow motion, even as we speak.
The game has run on for many years already, coincided with the rise of the COE. If COE (at least Cat A) does not fall, I really don't see how OCR can crash. Just need to consider carefully who are the ones buying property and cars and you will understand the demand profile of both.
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.
Nathan Suites re-named as Nathan Ville?
17 APR 2015 10 NATHAN VILLE 21 NATHAN ROAD #XX-XX CONDOMINIUM FREEHOLD 1,776sq ft STRATA 1,900psf $3,374,400
10 APR 2015 10 BOTANIC GARDENS VIEW 9 TAMAN SERASI #XX-XX APARTMENT FREEHOLD 1,679sq ft STRATA 2,978psf $5,000,000
10 APR 2015 9 TAMAN SERASI #XX-XX 1,679sq ft 2,978psf 8 FEB 2013 2,299psf
can anyone explain what's going on with this kelong caveat? surely no one will pay almost 3000psf for a unit with a market price of 1700psf?
relax dun get so excited... this is not a kelong caveat: it's a shop
5 in a row for St Regis in 2015:
Sold 17 APR 2015 33 TANGLIN ROAD #XX-XX 4,069sq ft 2,028psf
Bought 29 MAR 2010 2,450psf
Sold 16 APR 2015 33 TANGLIN ROAD #XX-XX 5,543sq ft 2,129psf
Bought 14 JUL 2006 2,594psf
Sold 6 APR 2015 31 TANGLIN ROAD #XX-XX 3,757sq ft 2,050psf
Bought 15 JUN 2006 2,333psf
Sold 23 JAN 2015 33 TANGLIN ROAD #XX-XX 3,897sq ft 2,002psf
Bought 19 JUN 2006 2,872psf
Sold 17 JAN 2015 33 TANGLIN ROAD #XX-XX 4,941sq ft 1,923psf
Bought 17 OCT 2006 2,890psf
seems like bargains below $3M is harder to come by
Precisely....I'm waiting till neck long long..
Have lah.. Saw Venturo in balmoral just sold for $1.9... The last time I was looking, some units sold for $2.1 a$2.2m