ECO at Bedok South near Tanah Merah MRT (FEO)

[Leeds]

This is how networking works in the civil service. The scholar Director from one agency could call up his/her counter part (also a acholar) in another agency and they could get things done much easier. I heard this from a civil servant friend. So now we know the effect of "group think".

[Emma]

an illumination will never be concealed haha...true true balance is the operative word.
some people take the networking concept too far and become like a social butterfly. you still need to keep your day job and do whatever you are doing. networking can only complement your talent and hard work and make a difference to a certain extent.

One needs to have a balance of both. If you are good, and you don't network, nobody's gonna know how good you are.

And while you're at it, ask yourself, truly, what can you really bring to the table as value add?

You won't survive very long if you only TAKE TAKE TAKE from the network and never give back.

[Emma]

has anyone gone to the eCO show flats recently? Are the show flats just showing the soho and town house units now?

[bakasa2002]

has anyone gone to the eCO show flats recently? Are the show flats just showing the soho and town house units now?

Condo are all sold out barring returned units.

[Tripp]

Saw the eCO advertisement yesterday night...

The ticker mentioned new release of Suite & SOHO units, starting from $796,000.

Condo units are all sold out. You can check with the agent for any returned units.

[Emma]

ok thanks cos I am thinking of visiting the show flats but it's just to see the layouts of the soho. and they may find me quite strange to keep going back to see after i have bought hahahah.

[eng81157]

One needs to have a balance of both. If you are good, and you don't network, nobody's gonna know how good you are.

And while you're at it, ask yourself, truly, what can you really bring to the table as value add?

You won't survive very long if you only TAKE TAKE TAKE from the network and never give back.

this sounds like the matrix

[Tripp]

Good to take the pics of the showflats...

I reckon you may need to choose the colour/style scheme for your unit later. Study each scheme carefully (different schemes for every type of show unit), to see which one you really like.

I don't think you can mix-and-match the schemes in the various show units. Things like floor type, cabinet colours, toilet types etc.

[carbuncle]

this sounds like the matrix

bro engeng really crack me up sometimes with your warped interpretations

[eng81157]

bro engeng really crack me up sometimes with your warped interpretations

eh, where got warped? all you need is some active imagination. taking and giving to the network - doesn't it remind you of humans being used as fuel cell for the network in Matrix?

[eng81157]

matrix aside, i'm thankful for keppel land that is propping up prices in that area.

[gadiny]

Eco has sold more than 490 units!!
Should be able to clear 500 over weekends.
Still have room to grow as about 160 units of soho and townhouse not release yet.

Lets see hows the performance for tomorrow and sun, the 1st weekend after Keppel's record bidding!

Extract from Maybank Kim Eng on Keppel's bid for your reading pleasure:

AggressiveBid for Tanah Merah site

Beefingup suburban landbank.

In a URA tender for a 3.2ha residentialplot that closed on 15 Oct, KepLand put in a top bid of SGD434.6m, or SGD791 psf ppr.Located beside the Tanah Merah MRT Station, the site drew keen attention,attracting eleven bids in all.

With a total GFA of 549,082 sq ft,KepLand intends to build around 700 units, each ranging from 500 to 1,400 sqft.

Surprisinglybullish.

We are quite surprised by KepLand’sbullish bid for the site, given that it was the first tender to close since thelatest round of residential cooling measures. On a psf, Keppel’s bid is 17%higher than a nearby plot sold in August to Fragrance/World Class Land and awhopping 48% higher than the site sold in February, which is now being launchedby Far East Organization as eCO.

Marginsappear thin.

We estimate the breakeven pricefor KepLand's site at approximately $1,250 psf, which is comparable to what eCO(just launched in Sep) is commanding now. The median price for secondary transactionsat Optima on the other side of the road is also at around $1,200 psf.

We expect KepLand to try and pricethe project at close to $1,400 psf, for an 11% pre-tax margin, but that leavesvery little room for error. We estimate the RNAV accretion from thisacquisition at just 4 cents/share.

[azeoprop]

The "True Colors" advertisement is getting rather irritating appearing on every single commercial break on TV.

[bakasa2002]

The "True Colors" advertisement is getting rather irritating appearing on every single commercial break on TV.

Totally agreed...feo bought too many slots...

[kane]

FEO's unique advertising. the last time at watertown they were blaring chinese new year over the speaker system at their showroom. ha. but it seems to work.

[carbuncle]

This is called

Spamarketing.

[Congress]

FEO marketing is really No. 1 in Singapore.

[carbuncle]

FEO marketing is really No. 1 in Singapore.

Not rocket science. Catch you at every and any channel. Online, mobile, billboard, papers, tv, radio......... and then blast high volume repeat ad nauseum.

Anybody can do it as long as got $$$$$.

Since they are not listed, nobody can gasp at the marketing spend of this co.

[bargain hunter]

they want you to see FEO's TRUE COLORS mah.

The "True Colors" advertisement is getting rather irritating appearing on every single commercial break on TV.

[gadiny]

True colors of Eco shining through:
>500 units sold within a month of release!

[phantom_opera]

2012-10-02 #06-XX 592 1,359psf $804,776

almost same as BR

the new bid by Keppel Land confirms one thing ... land near MRT is as precious as gold .... I thought JLD at 700psf was high enough

[latour]

Further land bid there will cross $800 /psf, and its land only.

[propertychap]

So will land at Bedok Central be even more expensive? Now Bedok residences look like a cheap deal?

[bakasa2002]

So will land at Bedok Central be even more expensive? Now Bedok residences look like a cheap deal?

Ya, really look like value. More so when Keppel launch the proj nx yr. no way cheaper than BR...

[DC33_2008]

Buy BR. Risk is quite low with capitalmall managing the retail mall.

So will land at Bedok Central be even more expensive? Now Bedok residences look like a cheap deal?

[Laguna]

Ya, really look like value. More so when Keppel launch the proj nx yr. no way cheaper than BR...

wait for Fragance to launch first.
But Frangance may have a different quality in fininshing

[DC33_2008]

There will be stiff rental competition in this region with so many new condos added to the existing condos. Proximity to shopping malls and transport will be important attributes.

[Laguna]

There will be stiff rental competition in this region with so many new condos added to the existing condos. Proximity to shopping malls and transport will be important attributes.

I can see overall, with so many properties TOP, the stiff competition is everywhere.

So it depends on the 6m population to come true in the NEAR FUTURE.

[DC33_2008]

You are season enough to know location and amenities are the key attributes for rental demand. Each location has its cap on rental price.

I can see overall, with so many properties TOP, the stiff competition is everywhere.

So it depends on the 6m population to come true in the NEAR FUTURE.

[phantom_opera]

If MM, Just leave one or two empty, safer than holding physical gold