i think only greenwood (the cluster houses) landed + The Shore + Ferra owned by FEO FH and sold at 99? add in the list, whoever knows more of such 103 year leasehold projects.
other projects with lease not owned by government:
spring grove
8@mount Sophia
rochelle at newton
any others?
Far East Plaza, next to Hilton, built by FEO.
FEO owns several office units within it.
All the retail units were sold to individual owners.
To date, FEO has managed to acquire ( slowly but surely, over the years) the entire first floor ...
What do you think they are doing ?
Another FH plot ... they planning to gain majority ownership and probably, in future, enbloc themselves and relaunch as 99 Lh again ...
Call them cunning, shrewd or whatever... They are good , business sense wise.... deserve to be rich
Why do i get a feeling that CCR prices seem to be stabilizing instead of dropping further.
The most successful investors are defined by their actions in a bear market, not a bull market.
based on what? your viewings?
now and then we still see those bargain caveats but we do not know how many more are there going forward. in the meantime, the number of interested buyers seem to be about the same or slightly increasing. then there are those analysts who call for further downside this year. one guy said there could be further downside if there are more new launches. i don't get it. 1) there are not that many projects in CCR to launch. 2) there hasn't been many launches for a long time. 3) those developers that have stuck units are in the ultra high end. they won't flood the market, it won't help them clear the stock.
How does Simon Cheong finance his privatisation of SC Global? It is unlikely he has $745million cash. So sell 2 ultra-high end condo or 1 bungalow a year is enough to cover his interest payments + property taxes?
I think there will be further slide. China is cooling, if not in downright recession. That takes way a large chunk of the demand, leaving Singaporeans like teddy to support the market. In fact, there is a chance of global recession in the next two years. China is imploding. Xi is not implicated in a scandal and God only knows where this will take us. Political upheaval, revolution, civil war. Anyway, news is not good for investing now.
you would be right if not for the central banks who has been injected liquidity since 2009
and now, pretty much all the central banks are on their own version of QE, so, who can be the saviour if the global economy goes downwards?
I am not predicting a crisis but the chance of that is higher than that of a boom in real estate
St Regis
Sold 28 MAR 2016 31 TANGLIN ROAD #XX-XX 2,153sq ft 2,206psf
Bought 19 JAN 2007 2,613psf
for bro dreamer888,
VIVA SUFFOLK WALK Condominium 11 CCR Freehold Resale 1 $2,020,000 - 1,044sq ft Strata 21 to 25 1,935psf Mar-16
Sold 24 MAR 2016 6 SUFFOLK WALK #XX-XX 1,044sq ft 1,935psf
Bought 4 SEP 2009 1,623psf
wasn't a desperate seller, just taking profit.
The sail
Sold 23 MAR 2016 6 MARINA BOULEVARD #XX-XX 1,076sq ft 1,626psf
Bought 17 OCT 2012 1,999psf
The Clift
Sold 23 MAR 2016 21 MCCALLUM STREET #XX-XX 495sq ft 2,020psf
Bought 8 JUN 2011 2,181psf
icon
Sold 8 MAR 2016 10 GOPENG STREET #XX-XX 560sq ft 1,930psf
Bought 15 APR 2011 1,944psf
interlace
Sold 29 MAR 2016 220 DEPOT ROAD #XX-XX 1,873sq ft 1,111psf
Bought 23 JUN 2011 1,176psf
Reflections
Sold 18 MAR 2016 11 KEPPEL BAY VIEW #XX-XX 1,841sq ft 1,630psf
Bought 22 APR 2010 1,652psf
Sold 28 MAR 2016 25 KEPPEL BAY VIEW #XX-XX 872sq ft 1,697psf
Bought 27 FEB 2012 1,950psf
concourse skyline
Sold 11 MAR 2016 298 BEACH ROAD #XX-XX 1,367sq ft 1,701psf
Bought 19 NOV 2012 1,741psf
Bargainhunter, can I consult you on pricing of certain area over PM?
Cheap or Not?
SIXTH AVENUE RESIDENCES
#02-32
152SQM
$2,180,000
$1332 PSF
28-MAR-2016
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perhaps this is the unit that bro HP65 bought. in any case, the seller is also just locking in profits.
bought super cheap from developer at launch:
Sold 28 MAR 2016 172 SIXTH AVENUE #XX-XX 1,636sq ft 1,332psf
Bought 15 DEC 2006 1,027psf
made almost half a mil on capital appreciation alone.
At the last peak of the market in June 2013, a 2,831 sq ft three-bedroom unit on the 18th floor of the 36-storey The Ritz-Carlton Residences was sold for $10.8 million ($3,815 psf) to a mainland Chinese buyer. However, the unit recently changed hands for $7.1 million ($2,508 psf), according to a caveat lodged on March 18.