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

  1. #2941
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    Boulevard Vue

    Sold 27 APR 2015 11 CUSCADEN WALK #XX-XX 4,478sq ft 2,792psf
    Bought 7 OCT 2009 3,900psf

  2. #2942
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    One Tree Hill Resi

    Sold 30 APR 2015 1A ONE TREE HILL #XX-XX 1,227sq ft 1,870psf
    Bought 22 JUN 2007 2,549psf

  3. #2943
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    Cuscaden Royale

    Sold 30 APR 2015 5 CUSCADEN WALK #XX-XX 936sq ft 2,208psf
    Bought 18 MAY 2007 2,435psf

  4. #2944
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    The Sail

    Sold 5 MAY 2015 6 MARINA BOULEVARD #XX-XX 614sq ft 1,940psf
    Bought 28 MAR 2011 2,001psf

  5. #2945
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    Newton One

    Current buyer has HDB address. While not a loss, this is an example of good bargaining:

    Sold 6 MAY 2015 1 NEWTON ROAD #XX-XX 1,916sq ft 1,597psf
    Bought 27 APR 2007 1,514psf

    last done before this was still 18xxpsf. Not sure if this was the unit: http://www.propertyguru.com.sg/listi...ale-newton-one

    was asking 3.4m nego 1775psf. Transacted at 3.06m.

  6. #2946
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    Quote Originally Posted by cartman View Post
    thanks for sharing guys...i am first time buyer...scared offer too high, scared offer accepted not enough time to arrange loan etc and cheque forfeited etc hahaha.

    i am going to try giving a cheque for the next development i am keen on but so far for those recent condos i saw, the amount the agents asked me to put in is on the high side, higher than recent transacted prices for the same developments.

    ask friends to recommend agents to you...

    build a relationship with them ... and they will guide you .. and not those u see at show flat .."die die want you to secure a unit by paying HIGH HIGH'

  7. #2947
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    Quote Originally Posted by bargain hunter View Post
    Residences @ Killiney

    Sold 6 MAY 2015 147 KILLINEY ROAD #XX-XX 1,625sq ft 1,772psf
    Bought 15 APR 2013 2,215psf

    if real transaction, pay stamp duty like crazy?
    Loss + SSD. Poor thing.

  8. #2948
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    Reflections returns after a short hiatus:

    Sold 6 MAY 2015 23 KEPPEL BAY VIEW #XX-XX 2,616sq ft 1,720psf
    Bought 11 MAY 2007 1,853psf

  9. #2949
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    Quote Originally Posted by august View Post
    Loss + SSD. Poor thing.
    confirmed real transaction. My agent's friend said china seller but need to sell. sold to PR. Heard is very well renovated.

  10. #2950
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    actually 2 years have passed so SSD is 8%


    Quote Originally Posted by Werther View Post
    confirmed real transaction. My agent's friend said china seller but need to sell. sold to PR. Heard is very well renovated.

  11. #2951
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    Quote Originally Posted by Werther View Post
    confirmed real transaction. My agent's friend said china seller but need to sell. sold to PR. Heard is very well renovated.
    I have yet to see a well renovated home in Singapore. Must renovation jobs make the home look so gaudy and cheap that it looks like a hooker's private residence. All the plywood and cheap plastic makes me gag.

    Singaporeans and their contractors generally have very poor taste.

  12. #2952
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    Let's stay on topic.

  13. #2953
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    Quote Originally Posted by stalingrad View Post
    I have yet to see a well renovated home in Singapore. Must renovation jobs make the home look so gaudy and cheap that it looks like a hooker's private residence. All the plywood and cheap plastic makes me gag.

    Singaporeans and their contractors generally have very poor taste.
    Think u haven't seen M'sia's condo finishing...��

  14. #2954
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    Quote Originally Posted by Khng8 View Post
    Let's stay on topic.
    Lol. Reminds me of...

    Gold Two: The guns - they've stopped!
    Gold Five: Stabilize your rear deflectors... Watch for enemy fighters.
    Gold Leader: They're coming in! Three marks at 2-10!
    Gold Leader: It's no good, I can't maneuver!
    Gold Five: Stay on target.
    Gold Leader: We're too close!
    Gold Five: Stay on target!
    Gold Leader: Loosen up!
    Gold Five: Gold Five to Red leader, lost Tiree, lost Dutch.
    Red Leader: I copy, Gold Leader.
    Gold Five: They came from... behind!


  15. #2955
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    Quote Originally Posted by Mikey88 View Post
    Think u haven't seen M'sia's condo finishing...��
    Think he hasn't seen a lot other countries' renovation and finishing as well lah. Anyway, he can say what he wants. Let's stay on target. Lol.

  16. #2956
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    Quote Originally Posted by MrTan View Post
    Think he hasn't seen a lot other countries' renovation and finishing as well lah. Anyway, he can say what he wants. Let's stay on target. Lol.
    Hi Mr Tan

    Yup, better not engage further with him on such comments. Here we are trying to provide useful information and not kick up a fuss out of nothing.

  17. #2957
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    Quote Originally Posted by Werther View Post
    Hi Mr Tan

    Yup, better not engage further with him on such comments. Here we are trying to provide useful information and not kick up a fuss out of nothing.


    totally agree ...

    there are so many forummers here ..... love to stray from the topics ...


    like whenever someone post some news on JLD ... sure got at least 3 other members will come in and talk about the person posting the news ...

  18. #2958
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    Quote Originally Posted by proud owner View Post
    totally agree ...

    there are so many forummers here ..... love to stray from the topics ...


    like whenever someone post some news on JLD ... sure got at least 3 other members will come in and talk about the person posting the news ...
    Agreed on the this part...
    Macham like in a Siao Lang Geng forum (IMH)...😅
    The other 3 members actually is himself...u know I know who ....
    Anyway, they happy can already..
    So spooky .. Heehee

  19. #2959
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    Quote Originally Posted by Mikey88 View Post
    Agreed on the this part...
    Macham like in a Siao Lang Geng forum (IMH)...😅
    The other 3 members actually is himself...u know I know who ....
    Anyway, they happy can already..
    So spooky .. Heehee
    This website is dead. Without people straying from topics, there would be no postings.

  20. #2960
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    Better dead than crap.

  21. #2961
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    Tessarina

    Sold 12 MAY 2015 22 WILBY ROAD #XX-XX 3,671sq ft 1,171psf
    Bought 28 SEP 2007 1,349psf

  22. #2962
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    another one from one tree hill residences but narrower losses and higher price than the last one:

    Sold 15 MAY 2015 1A ONE TREE HILL #XX-XX 1,227sq ft 2,001psf
    Bought 5 MAY 2007 2,400psf

  23. #2963
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    Quote Originally Posted by bargain hunter View Post
    Tessarina

    Sold 12 MAY 2015 22 WILBY ROAD #XX-XX 3,671sq ft 1,171psf
    Bought 28 SEP 2007 1,349psf
    Yes, the flooding in the basement condo. And the dentist complaining to the government about flooding condo.

  24. #2964
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    Rivergate

    Sold 15 MAY 2015 93 ROBERTSON QUAY #XX-XX 1,798sq ft 1,880psf
    Bought 17 FEB 2010 1,911psf

  25. #2965
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    Quote Originally Posted by bargain hunter View Post
    Rivergate

    Sold 15 MAY 2015 93 ROBERTSON QUAY #XX-XX 1,798sq ft 1,880psf
    Bought 17 FEB 2010 1,911psf
    Rivergate, the take it or leave it at $2000 psf condo, is finally cracking. Figuratively speaking of course (so don't report me to the police for spreading rumors).

    This may sound like a small loss, but given that the seller may have only 20% equity, his loss could be more than 10%. Pretty amazing one could lose money on a purchase in 2010. Those that bought at the launch would be sitting on a much bigger paper loss.
    Last edited by stalingrad; 29-05-15 at 20:05.

  26. #2966
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    Quote Originally Posted by stalingrad View Post
    Rivergate, the take it or leave it at $2000 psf condo, is finally cracking. Figuratively speaking of course (so don't report me to the police for spreading rumors).

    This may sound like a small loss, but given that the seller may have only 20% equity, his loss could be more than 10%. Pretty amazing one could lose money on a purchase in 2010. Those that bought at the launch would be sitting on a much bigger paper loss.
    Launch prices at 2005 is around 1K psf.
    I am sure those who bought at first launch would not be too worried.

  27. #2967
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    15 May 2015 93 Robertson Quay #34-01 1,798 1,880 3,380,000
    17 Feb 2010 93 Robertson Quay #34-01 1,798 1,911 3,436,000
    2 Nov 2006 93 Robertson Quay #34-01 1,798 1,686 3,031,100

    Quote Originally Posted by bargain hunter View Post
    Rivergate

    Sold 15 MAY 2015 93 ROBERTSON QUAY #XX-XX 1,798sq ft 1,880psf
    Bought 17 FEB 2010 1,911psf

  28. #2968
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    The Berth

    Sold 28 MAY 2015 216 OCEAN DRIVE #XX-XX 2,002sq ft 1,259psf
    Bought 30 MAR 2010 1,488psf

  29. #2969
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    Seascape

    Sold 29 MAY 2015 59 COVE WAY #XX-XX 4,133sq ft 1,403psf
    Bought 21 DEC 2011 2,661psf

    lose 50% also sell?

  30. #2970
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    The Coast

    Sold 2 JUN 2015 278 OCEAN DRIVE #XX-XX 2,024sq ft 1,680psf
    Bought 21 NOV 2006 1,692psf

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