ECO at Bedok South near Tanah Merah MRT (FEO)

[price]

ECO BEDOK SOUTH AVENUE 3 Condominium 1 1,396,848 1,270 Strata 1,100 Sep-12

my friend's caveat

[carbuncle]

ECO BEDOK SOUTH AVENUE 3 Condominium 1 1,396,848 1,270 Strata 1,100 Sep-12

my friend's caveat

Y so cheap!!!!

[price]

Y so cheap!!!!

connections!

[Laguna]

Some done prices for reference

269 Bedok South Avenue 3 #05-03 1,259 $1,476k $1,172
283 Bedok South Avenue 3 #15-41 1,162 $1,681k $1,446
277 Bedok South Avenue 3 #14-31 1,011 $1,480k $1,463
283 Bedok South Avenue 3 #07-50 548 $749k $1,364
281 Bedok South Avenue 3 #15-38 1,033 $1,432k $1,386

[Lovelle]

Some done prices for reference

269 Bedok South Avenue 3 #05-03 1,259 $1,476k $1,172
283 Bedok South Avenue 3 #15-41 1,162 $1,681k $1,446
277 Bedok South Avenue 3 #14-31 1,011 $1,480k $1,463
283 Bedok South Avenue 3 #07-50 548 $749k $1,364
281 Bedok South Avenue 3 #15-38 1,033 $1,432k $1,386

for #15-41 and #15-38 listed price abt 2.2m but after discount come to 1.4 and 1.3 mil only ?

[Laguna]

for #15-41 and #15-38 listed price abt 2.2m but after discount come to 1.4 and 1.3 mil only ?

283 Bedok South Avenue 3 #15-41 1,162 $1,681k $1,446
Done is $1,681,000 and not $1,400,000
and the listed price : I cannot find


281 Bedok South Avenue 3 #15-38 1,033 $1,432k $1,386
Done is $1,432,000 and not $1.3m and the listed price is $1,627,520
so discount is around 18%

[Laguna]

for #15-41 and #15-38 listed price abt 2.2m but after discount come to 1.4 and 1.3 mil only ?

I think u referred to
15-31 $2.33mil 1356sqft....
and 15-30

[Lovelle]

thanks laguna. 15-31 must be really special.

[propertychap]

that makes bedok residence real cheap

[Laguna]

thanks laguna. 15-31 must be really special.

Yes, this is a loft unit where there is a double volume to the living room

[GSLJ]

ECO- OVER 540 UNITS SOLD!

Not surprising, good location and near Mrt.

Kep land $791 for new plot, Eco huat ah!

[radha08]

that makes bedok residence real cheap

maybe buyers prefer peace n quiet of eco...bedok interchange has always been a crowded place...

[gadiny]

Title:New private homes to be costlier than resale homes, reversing trends By:Date:05 November 2012 2336 hrs (SST) URL:http://www.channelnewsasia.com/stori...235428/1/.html
SINGAPORE: New private homes typically cost 20 percent more than resale homes, but analysts say this price gap has since narrowed.

Entering into the fourth quarter, new private developments now command just a four percent premium over resale private units, according to data compiled by the Singapore Real Estate Exchange (SRX) which collates transactions by major property agencies accounting for 80 percent of the private sales market.

This premium is expected to increase as developers price in the higher cost of land in their new launches.

When it comes to new private homes, analysts say it's a buyers' market.

And that's why developers have been pricing new private homes "competitively" with marginal increases.

As a result, prices of resale units started catching up earlier this year.

By the third quarter, the median prices of resale homes reached $1,163.45 psf, one percent higher than new homes.

According to experts, resale units are usually near well-established amenities because they are in well-established estates. They are also bigger, in better locations and possibly have ready rental income from existing tenants.

Going into the fourth quarter, some analysts say prices of new private homes have recorded a premium of 4 percent. This works out to a median price of $1,261.24 per square foot for new private homes, compared to a median price of resale homes at $1,204.50 psf.

Lee Sze Teck, Senior Research Manager at DWG, said: "The price gap is likely to widen. We think that the new home prices, perhaps the situation could be reversed. Now you can see a gap between new home prices and resale prices."

Going into 2013, industry observers expect new private home prices to be some 5 to 20 per cent higher than resale units, as developers pass on higher costs.

Mohd Ismail, CEO of PropNex, said: "Based on the recent land bids, we have witnessed areas like Jurong and Tanah Merah - prices psf ppr by developer bidding exceeding $700. Which means that it will translate to sale prices next year, it will translate to $1,400 psf - minimum. Though today's median's prices are only about $1,200 for new launches. It is expected to move upwards."

Still, higher prices of new homes are expected to boost the value of existing private developments in the same area. And while resale homes come with shorter land leases, the waiting time to move in is also shorter.

- CNA/de

[gadiny]

Something brewing at Fragrance's TM site!!! A Q113 launch seems possible!


Attachment 4802

Btw, Eco sold 550 units now.
Sales seem to slow down a bit. Could be due to bulk of the remaining units being the more 'premium' (aka ex) soho units.
Suites (excluding the loft) sold > 90% and left less than 15 units.

Maybe Fragrance's urban vista (where most units will be soho concept per its sale website) can give Eco remaning units a push after comparison is made by prospecive buyers

[carbuncle]

u wanna bet, xmas?

[gadiny]

u wanna bet, xmas?

Ha if Singapore snow in December!

A 4 months turnaround since land purchase in Aug will be a RECORD!

[price]

is there anyway to check developer's land bank? I'm keen to see what they gonna build tai keng court's mixed development into.

[gadiny]

is there anyway to check developer's land bank? I'm keen to see what they gonna build tai keng court's mixed development into.

Hi other than looking at the financials for the listed developers, alternative may be to look at May Bank Kim Eng 'The Real Deal' report which it will list the land bank for listed developers (but Fragrance and Aspial are glaringly left out). Have attached the latest for your reference (refer to Pg 6 and 7)Attachment 4804

On Tai Seng, per Aspial Q3 announcement on 7 Nov,

'In the next six months, the Group will focus on the planning and launching of the mixed-development projects at KeyPoint and Tai Keng Court and the newly-acquired residential development at Tanah Merah Kechil Road. All the three development projects are jointlydeveloped with Fragrance Group Limited.'

[price]

Hi other than looking at the financials for the listed developers, alternative may be to look at May Bank Kim Eng 'The Real Deal' report which it will list the land bank for listed developers (but Fragrance and Aspial are glaringly left out). Have attached the latest for your reference (refer to Pg 6 and 7)Attachment 4804

On Tai Seng, per Aspial Q3 announcement on 7 Nov,

'In the next six months, the Group will focus on the planning and launching of the mixed-development projects at KeyPoint and Tai Keng Court and the newly-acquired residential development at Tanah Merah Kechil Road. All the three development projects are jointlydeveloped with Fragrance Group Limited.'

wow thanks for sharing! seems like Fragrance has a huge land bank. they bought the recent novena en bloc, NOL building, and another office building

[kane]

I think those where theyvown the land but building permit not obtained isn't included in this list.

[phantom_opera]

Fragrance showflat coming up

[price]

Fragrance showflat coming up

Agents tell me that Fragrance will be pricing their units cheaper than Eco for a complete sellout asap

[Laguna]

Agents tell me that Fragrance will be pricing their units cheaper than Eco for a complete sellout asap

they are of different grade and quality
On top of that, the noise from the MRT and buses are unbearable

But, I doubt so, as Keppel is having a much higher land cost

[price]

they are of different grade and quality
On top of that, the noise from the MRT and buses are unbearable

But, I doubt so, as Keppel is having a much higher land cost

Yup, of course the quality, grade and definitely Fragrance's unit sizes will be different. but these days it's a quantum game. FEO's Eco lower quantum units are all sold out. Even by matching Eco's $psf at a smaller unit size, Fragrance will make a decent profit.

[price]

they are of different grade and quality
On top of that, the noise from the MRT and buses are unbearable

But, I doubt so, as Keppel is having a much higher land cost

As for Keppel, maybe they would hire Moshe Safdie so definitely no cheap prices

[carbuncle]

price price thinking of hooting another unit here?

[price]

price price thinking of hooting another unit here?

no lar, even though i support Fragrance but i can't bring myself to support Tanah Merah.

[Lovelle]

Ku Swee Yong, CEO of International Property Advisor, says: "I think the market has already come to accept that a million dollars in the outskirts of Singapore is now entry level pricing. But we also did see a few surprisingly high numbers. For example, in Bedok, the new launch called eCo has actually surpassed S$1,700 per square foot. So that is a new high for Bedok in the outskirts of Singapore."


citylights owners must be thinking ,,,what !!!!

[bakasa2002]

Ku Swee Yong, CEO of International Property Advisor, says: "I think the market has already come to accept that a million dollars in the outskirts of Singapore is now entry level pricing. But we also did see a few surprisingly high numbers. For example, in Bedok, the new launch called eCo has actually surpassed S$1,700 per square foot. So that is a new high for Bedok in the outskirts of Singapore."


citylights owners must be thinking ,,,what !!!!

FEO is really .....

[dtrax]

FEO is really .....

i complete sentence for u:
wfwt = wu fa wu tian