Eight Riversuites @ Whampoa East Road (United Engineer Group LH 99 Years)

[dragonkee]

No wonder. Pes + air space. One and Only such unit in the entire project. Developer lelong those hard to clear units

Oic... Thot is the 3 bedder, 936 sqf, sorry for the wrong info

[xtink]

Oic... Thot is the 3 bedder, 936 sqf, sorry for the wrong info

Are you an existing owner?

[clemdale24]

Are you an existing owner?

walao. pes + airspace is like the ultimate NO DEAL for me personally. even for 800k i would probably rather buy a high floor 1 room. just saying.

[dragonkee]

Are you an existing owner?

Yes........

[timmy]

No wonder. Pes + air space. One and Only such unit in the entire project. Developer lelong those hard to clear units

Take out the air space and PES, this ground floor unit costs around $1420 psf.

[xtink]

Take out the air space and PES, this ground floor unit costs around $1420 psf.

any formula to work out this psf number?

[clemdale24]

any formula to work out this psf number?

i think pes is still ok. i think some ppl actually like it, and its still walkable/useable floor. but the high ceiling - pretty much paying for extra air in the house. either way, both not for me. i just need a standard roof over my head.

[timmy]

any formula to work out this psf number?

Looking at floor plan, usable floor space (i.e. less PES and air space) accounts for 60% of total floor area of 936 sq ft. Take price of 800k divide by this usable floor space.

[clemdale24]

Looking at floor plan, usable floor space (i.e. less PES and air space) accounts for 60% of total floor area of 936 sq ft. Take price of 800k divide by this usable floor space.

Kallang riverside price is $1900-2300 psf according to newspaper today! Good for 8 RS?

[iridrium]

Kallang riverside price is $1900-2300 psf according to newspaper today! Good for 8 RS?

Errrr.... Of course , freehold vs leasehold. Upcoming area vs old area.

[clemdale24]

Errrr.... Of course , freehold vs leasehold. Upcoming area vs old area.

still, the difference in price is huge. someone predicted the price will be btw 1500-1700psf. i thought it was too low for kallang, plus FH. indeed it was. boonkeng and kallang lie in close proximity to each other. after kallang is redeveloped BK will have its time to shine.

i do like the kallang riverside location myself. and of course, the higher the price the better. with such a price, kallang is almost on par with meyer/ amber road (meyerise, and the soon-to-be launched amber skye). the price is really quite amazing.

[xtink]

Kallang riverside price is $1900-2300 psf according to newspaper today! Good for 8 RS?

I wonder how to sell. Quantum above 1.5mil would price out the middle income gap group.

[clemdale24]

I wonder how to sell. Quantum above 1.5mil would price out the middle income gap group.

obviously not targeted at the middle income. it's priced for the rich. in the ST today it was said that kallang riverside would have been $3000psf if not for the softening market

[xtink]

Went to the showflat this afternoon. Very quiet. But the sales status looks pretty healthy based on the chart in the showflat

[clemdale24]

Went to the showflat this afternoon. Very quiet. But the sales status looks pretty healthy based on the chart in the showflat

whats the avg price? the higher the better

[sunboy77]

whats the avg price? the higher the better

Ar? Hahaha Eight Riversuites dropped price like mad ley. Was in the news...

[xtink]

whats the avg price? the higher the better

No price lah. Only see from the 'sold' stickers on the units distribution chart in the showflat. I got take a pic of the chart but can't seem to be able to upload to share

[xtink]

whats the avg price? the higher the better

No price lah. Only see from the 'sold' stickers on the units distribution chart in the showflat. I got take a pic of the chart but can't seem to be able to upload to share

[iforum]

How is the 8rs sales figure this month? Another 40+ units like last month?

[xtink]

How is the 8rs sales figure this month? Another 40+ units like last month?

That I have no idea but I doubt. This month focus would likely be all the new launches or relaunches. Maybe 8rs should advertise big big relaunch. The car in the showroom also gone so maybe developer outright gives cash discount instead of car promotion.

[timmy]

Ar? Hahaha Eight Riversuites dropped price like mad ley. Was in the news...

Drop in price reflects the large share of low level loft units sold leh.

[clemdale24]

Drop in price reflects the large share of low level loft units sold leh.

haha timmy we all know that. its ok.. dont have to explain, justify or prove anything to anyone. its a fact that the high floor good facing units with good layouts are holding strong in terms of price. checking out the ura caveats is evidence enough that price of the "good" and "desirable" units are barely affected, and if anything at all, the mid floor ones may have dropped about $10k which honestly isnt v significant an amount.

basically it was a case of the 8RS developer trying to rid the low floor, poor facing and poor layout/ loft and pes units in a bid to attract attention in a climate where other developers of sky habitat etc are doing so.

[timmy]

haha timmy we all know that. its ok.. dont have to explain, justify or prove anything to anyone. its a fact that the high floor good facing units with good layouts are holding strong in terms of price. checking out the ura caveats is evidence enough that price of the "good" and "desirable" units are barely affected, and if anything at all, the mid floor ones may have dropped about $10k which honestly isnt v significant an amount.

basically it was a case of the 8RS developer trying to rid the low floor, poor facing and poor layout/ loft and pes units in a bid to attract attention in a climate where other developers of sky habitat etc are doing so.

78% sold as of May. The project moved 19 units in the month.

[timmy]

78% sold as of May. The project moved 19 units in the month.

Sorry, data is for april

[clemdale24]

Sorry, data is for april

decent number.

[xtink]

decent number.

indeed. Among the top 10 selling projects for Apr. UE marketing needs to be stronger.

[Ipadbee]

Wah..from ura website, 936 sqf (3 bedder) only $800,000 ....the developer really cut a lot

This is so unfair to early buyer

[Cyberknight]

This is so unfair to early buyer

Dun worry. This is a super low floor unit (1-5) and most likely blocked view.

[Autonomy]

Dun worry. This is a super low floor unit (1-5) and most likely blocked view.

Actually the unit is not a 3 bedder but rather a 1 bedder loft unit with Pes.

[dragonkee]

[QUOTE=Ipadbee;479548]This is so unfair to early buyer

Hmm a bit unfair la.. But is like today you buy something from the shop and tomorrow they got big sales.. 也只能有口无言