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Thread: 91 Marshall

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    Default 91 Marshall


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    No but nearby got this 99 Marshall I think should top quite soon. Btw this project name should call 911 Marshall la like those road marshalls stationed during 911 disaster...

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    Project Details :

    Project Name : 91 Marshall

    Description : Proposed Erection of a 5 Storey Residential Flats with attic ( 30 units ) Development with a swimming pool and communal facilities

    Developer : Tee Home Pte Ltd

    Address : 91 Marshall Road s(424887)

    District : 15

    Site Area : 13,181 sqft

    Tenure : Freehold

    T O P : 2016

    Unit Mix :

    1 Bedroom : 334 sqft - 377 sqft =9 units

    2 Bedroom : 560 sqft - 581 sqft = 11 units

    2 + Study : 710 sqft = 2 units

    3 Bedroom : 743 sqft / 786 sqft = 3 units

    2 Bedroom Penthouse : 732 sqft = 1 unit

    2 + Study Penthouse : 1109 sqft / 1249 sqft = 2 units

    3 Bedroom Penthouse : 1367 sqft / 1399 sqft = 2 units

    Total Units : 30 units

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    Floor plans:

    Attachment 3659

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    Most important thing, Prices??

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    Quote Originally Posted by price
    Floor plans:

    Attachment 3659
    this layout quite livable

    but buy as a 1+study in mind and not a 2bdr

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    Quote Originally Posted by devilplate
    this layout quite livable

    but buy as a 1+study in mind and not a 2bdr
    More and more "Walk-in wardrobe" concept like Casa Cambio

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    another 3bed room 730psf......

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    Indicative Price
    1 Bedroom: From $5xxK onwards
    2 Bedroom: From $8xxK onwards
    2+S Bedroom: From $9xxK onwards
    3 Bedroom: From $1.05mil+-
    2 Bedroom Penthouse: From $9xxK onwards
    2+S/ 3 Bedroom Penthouse: From $1150psf+-

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    Quote Originally Posted by bargain hunter
    Wooh, maybe you will hear some ping pong sound coming from the unit if you buy next door? :P

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    Quote Originally Posted by bakasa2002
    Wooh, maybe you will hear some ping pong sound coming from the unit if you buy next door? :P
    ????? Tigal show?

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    Quote Originally Posted by carbuncle
    ????? Tigal show?
    uhhh who's the notti one

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    Quote Originally Posted by price
    uhhh who's the notti one
    U notti only. I nottier.

    Hilly. Hillier.

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    Quote Originally Posted by carbuncle
    U notti only. I nottier.

    Hilly. Hillier.
    lol all these property lingo jingos

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    This develoPment will have table tennis court I think.

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    MP Lee Bee Wah buys unit at
    upcoming Tee Homes project
    Straits Times: Sat, May 12
    MEMBER of Parliament Lee Bee
    Wah has invested in a small
    apartment in the east.
    The Nee Soon GRC MP bought a
    unit at upcoming condominium
    91 Marshall for a sale price of $
    826,000.
    This was revealed in a Singapore
    Exchange filing by Tee
    International, in which she is an
    independent and non-executive
    director, on Wednesday.
    The filing said she was given a
    2.4 per cent discount.
    Tee Homes, a wholly owned unit
    of Tee International, is
    developing the 30-unit freehold
    project in Katong.
    Based on the floor plans, Ms
    Lee's fourth-floor unit is a 570 sq
    ft two-bedder. This works out to
    a price of $1,449 per sq ft.
    Smaller apartments have
    become more popular in recent
    years, given the lower absolute
    price and a higher rent giving a
    better yield.
    The condo is near Dakota MRT
    station and has only one block
    offering units ranging from one-
    bedders to penthouses, which
    are on the fifth floor.
    The project is within walking
    distance of Tanjong Katong
    Primary School and is near
    places such as Parkway Parade
    and East Coast Park.
    Property agents said 91 Marshall,
    which is expected to be
    completed by 2016, is likely to be
    launched in the middle of this
    month. The show-flat is not
    ready yet.
    Ms Lee, being the interested
    person in this transaction,
    abstained from the audit
    committee's and board's review
    and approval process in respect
    of the proposed sale.
    The audit committee found that
    the number and terms of the
    proposed sale are 'fair and
    reasonable and are not
    prejudicial to the interests of the
    company and its minority
    shareholders'.
    The board was similarly satisfied.
    When contacted, Ms Lee
    declined to comment on the
    purchase.
    Source: The Straits Times
    Singapore Press Holdings Ltd.
    Reprinted with permission.
    Last edited by carbuncle; 12-05-12 at 11:02.

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    If you wonder which unit... Just look up in this thread. Wakakakaka

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    Even MPs are buying now, either they see potential in shoeboxes (yes i know it's 570sqft but this is for 2 bedder!) or she knows govt aint gonna do much to correct prices

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    Quote Originally Posted by carbuncle
    If you wonder which unit... Just look up in this thread. Wakakakaka
    Only 2 possibilities.

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    Quote Originally Posted by price
    Even MPs are buying now, either they see potential in shoeboxes (yes i know it's 570sqft but this is for 2 bedder!) or she knows govt aint gonna do much to correct prices
    This investment by MP Lee is certainly modest in value and looks prudent given her "wealth". Perhaps, it is one of her passive investment. Putting her spare cash of $1m in FD give about 1% in interest earned. Buying bonds could yield about 5% but come with risk.

    Buying MM for investment could yield about 4.5% at current price. Even if property prices should fall 50%, she could still manage a 2% in yield for this investment if rental fall by the same.

    She still has the physical asset even if the economy fails while the bond may turn worthless if the company she invested in get into trouble due to the economy.

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    Quote Originally Posted by Leeds
    This investment by MP Lee is certainly modest in value and looks prudent given her "wealth". Perhaps, it is one of her passive investment. Putting her spare cash of $1m in FD give about 1% in interest earned. Buying bonds could yield about 5% but come with risk.

    Buying MM for investment could yield about 4.5% at current price. Even if property prices should fall 50%, she could still manage a 2% in yield for this investment if rental fall by the same.

    She still has the physical asset even if the economy fails while the bond may turn worthless if the company she invested in get into trouble due to the economy.
    In other words, we should all put our spare cash in MMs and not FDs just like our beloved MP

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    Quote Originally Posted by Leeds
    This investment by MP Lee is certainly modest in value and looks prudent given her "wealth". Perhaps, it is one of her passive investment. Putting her spare cash of $1m in FD give about 1% in interest earned. Buying bonds could yield about 5% but come with risk.

    Buying MM for investment could yield about 4.5% at current price. Even if property prices should fall 50%, she could still manage a 2% in yield for this investment if rental fall by the same.

    She still has the physical asset even if the economy fails while the bond may turn worthless if the company she invested in get into trouble due to the economy.
    Were you the advisor she insulted before she committed? Woops I mean consulted. Having said that I think this is not really cheap. But layout is good. Small balcony and all toilets have natural ventilation. Hard to find these days. Can safely say beats Fragrance 2bedder of exact same size hands down. Well done. Good choice Ms Lee! Now we know who is the real MM Guru....

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    Quote Originally Posted by Kanarazu
    Only 2 possibilities.
    Normal purchase dont need SGX filing. Go figure.

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    Layout attached.

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    Quote Originally Posted by CondoInterested
    Layout attached.
    Very good layout...
    Good thing is it comes with 2 toilets.

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    Quote Originally Posted by price
    In other words, we should all put our spare cash in MMs and not FDs just like our beloved MP
    If this is your only million dollar, should not buy now. She obviously has more and this is just part of her investment diversification strategy. I bet she probably already heavily invested in equities, bonds and FD for sure.

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    Almost 2 months, this thread has been quiet. Now MP buy, damn good 4 marketing. People start to notice this project...

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