you mean need 2 slowing quarters after Q4 ah ??Originally Posted by Question
you mean need 2 slowing quarters after Q4 ah ??Originally Posted by Question
All property agents stop your nonsense postings please.
What do you wants us to do?Originally Posted by orange tee
Join J-Dog and the rest to talk cock.Originally Posted by Seng
Below are the latest caveats lodged, if some psf$ do not make sense it is because the caveats for the original purchases were lodged again by the buyers' lawyers. If the prices are too good to be true, there usually are...too good to be true!
I don't think any sellers are giving their units away.....yet.
Unit, #___SQFT___PSF,$___Total,$____Contract date
28-1X____1335___1325___1,768,875___29 Sep 08 --- NEW
28-0X____1421___1200___1,705,000___26/09/08
28-0X____1421___1339___1,902,267___25/06/07 --- This owner would lose at least $200K!!!15-08____1464___1061___1,553,940___17/09/08
15-08____1464___1550___2,269,200__01/09/0822-10____1690___1380___2,332,200___17/09/08
15-08____1464___1061___1,553,940__19/10/06
22-10____1690___1071___1,809,990__07/07/06
22-17____560____1491___835,000____12/09/08
26-17____560____1521___852,000____10/09/08
25-17____560____1520___851,000____09/09/08
11-08____1464___988____1,446,000___09/09/08
11-08____1464___1633___2,390,000___16/06/08
11-08____1464___988____1,446,000___05/07/07
27-13____850____1484___1,261,485____08/09/08
27-13____850____1420___1,207,000____19/06/08
27-13____850____1484___1,261,485____03/07/07
29-11____2002___968____1,938,530___08/09/08
29-11____2002___1520___3,043,040___12/07/08
29-11____2002___968____1,938,530___???
10-03____1442___1280___1,845,760___05/09/08
10-03____1442___819___1,181,644___27/07/06
19-09____1001___1069___1,070,000____05/09/08
19-09____1001___1499___1,500,000____27/06/08
19-09____1001___1270___1,271,270____20/03/07
23-17____560____1498___839,000____03/09/08
15-17____560____1479___828,000____01/09/08
18-17____560____1479___228,000____01/09/08
13-17____560____1455___815,000____01/09/08
16-07____1001___1300___1,301,300__30/08/08
07-15____969____929____900,428___29/08/08
28-16____893____1501___1,340,000___29/08/08
28-16____893____893___1,047,888___05/01/06
25-12____1582___911____1,441,530___29/08/08
25-12____1582___911____1,441,530___29/08/08
25-12____1582___1580___2,500,000___11/07/08
25-12____1582___1315___2,080,000___10/04/07
25-12____1582___1119____1,441,530___12/03/07
07-14____1335___1146___1,530,000___25/08/08
07-14____1335___785____1,047,888___18/11/05
29-16____893____1684___1,504,000___22/08/08
08-12____1582___1370___2,167,340___20/08/08
08-12____1582___857___1,356,160___26/08/05
Thanks for the effort, REP..
Is there anything wrong with you, friend?Originally Posted by Registered
D11 selling at D14 price?
People in D7 are laughing at you with their $1,871psf.
Originally Posted by URAOriginally Posted by Happy Feet
Just don't look ONLY at the district number and nothing else. There're some districts that have very attributes - D11 in Novena area near hospital zone. The integrated hospital hub in Novena well connected and leading to the funeral hub in Thomson area is a no go for many.
Are you sure or you are just making wild assumption? Many are very keen in the area and buying.Originally Posted by Unregistered222
Can't compare to D4 lah.Originally Posted by UnregĄstered
$2,367psf!!
Originally Posted by URAOriginally Posted by Supporter
http://www.tnp.sg/news/story/0,4136,180640,00.html?
FIRE SALE: OWNERS DUMP CONDOS
Agents: Some clients give as much as 20 per cent discount
By Elysa Chen
October 20, 2008
FOR sale: Luxurious multi-million-dollar apartments, not quite for a steal, but with a hefty discount.
Stock market losses have forced some property owners to resort to 'fire sales' for a quick return to liquidity.
And because the property market is almost flat, they have had to let go of their property at huge discounts.
Property agent Henry Neo receives one SMS a day from different clients asking him to sell their homes.
Mr Neo, who has been a property agent for close to 20 years, said: 'The Asian financial crisis of 1997 and this crisis are real challenges.
'It's a tsunami of the stock market.'
Two or three of the 50 clients he is servicing now are what he calls 'desperados' - people who had their fingers burnt so badly in the stock market they need to sell their houses.
The situation is worse for those who opted for deferred payment schemes, said Mr Neo, because some are no longer eligible for loans, and cannot meet payments once the developers issue the Temporary Occupation Permit (TOP).
'They have to get rid of their properties before TOP, so they would be giving even more discounts.'
Noting that the high-end property market seems to be hit the hardest, Mr Neo said: 'My colleagues who specialise in high-end properties are not doing well. They do not have any transactions at all.'
Mr David Cheang, senior vice-president of the Resale Division at HSR Property Group, noted that two out of every 10 clients are affected by the stock market crash, and are selling their property investments to 'get more liquidity'.
A property agent who declined to give his full name said one of his clients had made such losses on the stock market that he was selling his 27th floor freehold apartment at the Twin Regency for a mere $1.05 million, though its market price is $1.3 million.
Last year, he had sold another unit, on the 29th floor of the same condominium, for $1.4 million.
It is the same story for Mr Felix Young, 35, a property agent specialising in high-end condominiums. Some of his clients are prepared to go as low as 20 per cent below their offer price.
He had taken out an advertisement for five properties, all high-end condominium units in the city.
Apartments at The Sail at Marina Bay, which were going for $2,000 psf are now being offered for sale at $1,450 psf, said Mr Young.
But even such a huge discount is failing to entice buyers, who are asking for $1,100 psf. That is because even with such discounts, the two-room apartment costs about $1.3 million.
In the current climate, not many people would be able to shell out that kind of money because they could be sitting on huge paper losses in the stock market.
Mr Young said: 'Buyers have the sentiment that the property market will cool even more, and prices will drop further.'
And because of this, said Mr Young, there has been a significant drop in transactions - up to 70 per cent for high-end properties that people buy for investments.
Most buyers also know developers' launch price for the condominiums and are holding out until they can get a unit at that price.
He said: 'These days, when buyers call me, they ask me if I have any owners who are 'bleeding'.'
Bleeding is a term that is used to describe owners who over-committed themselves financially and need to sell their properties in a hurry.
Mr Young said: 'Many of my clients' bank loans are kicking in soon, so they need to release the properties quickly, before TOP.
'They are stuck because they can neither sell their property, nor rent it out to cover their mortgages, as the rental market has slowed down a lot.'
Wow the dumping has begun!!!
Wah! $2,367psf?Originally Posted by RegĄstered
What kind of unit is this?
Don't read TNP anymore lah.Originally Posted by Unregggg
Why not go for a holiday and enjoy yourself?
Originally Posted by TNP
What has holiday got to do with condo?Originally Posted by Happy Feet
Nothing..he's trying to deflect away negative sentiments...haha...
truth is, hard times are here, no hiding the truth...
Originally Posted by Curious
You sure there is hard time at all?Originally Posted by Screwed
From your expression, the good time is here.
You're interested?Originally Posted by Curious
Are we near the kind of economic difficulty faced during the Great Depression? The US economy today is much stronger than it was in 1929 and the fundamentals are still pretty strong regardless of the crisis we're in.Originally Posted by UnregĄstered
If you look at the numbers, they are so dramatically different. GDP growth in the US is about 1% and I'm sure it will fall but it is nothing like the -27% during the Great Depression. Unemployment is about 6.1%, but during the Great Depression it was 25%.
Today's world is very different from the Great Depression period - there is greater linkage between fiscal policies and the economy than before and all policymakers are working together. So we are not even close to the level of difficulties faced then.
He is trying to con you lah!Originally Posted by Unregistered
Hi Real estate pundit, any more updated caveats? thks
There is a 3-bedder unit for sales now at $1,118 psf. 12th Flr. Can find this in Nationproperty website. Looks like some owners are cashing out now.Originally Posted by Unregistered-7
Project Name-PARK INFINIA AT WEE NAM
Developer-Keppel Land Realty Pte Ltd(Keppel Land Limited)
Property Type-Condominium
Tenure - Freehold
Total Units - 486
Completion Date - Mar-2008
District - 11
1 bedroom / Studio (560 - 570sf)
2 bedroom (893 - 1130sf)
3 bedroom (1421 - 1464sf)
4 bedroom (1668 - 1690sf)
source from:
http://www.virtualhomes.sg/parkinfiniaatweenam
It may not be D7, D11 or D14, but the Jurong District seems to be doing well.Originally Posted by UnregĄstered
Originally Posted by mr funny
Just this one?Originally Posted by URA
Originally Posted by URAGood for district 11.Originally Posted by Reporter
Just saw in the URA website one big unit 2002 sq ft done at 1250psf..used to be these big units were only available at 1400psf or so.
hihi, am wondering if anyone has the latest traded price/unit a 3 bedder here. any info on subsale units? tku!
recent transaction seen one unit doing lower than $1,100 psf. Given the current situation - jobs cut, salary cut, global economy slowdown, more expats leaving the country, lower financing margin, stricter requirements for getting loan, the vacant units would remain vacant for awhile. Sellers need to come to reality on the current scenario.
any idea what was the klaunch price psf?Originally Posted by dmon