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Thread: Marina One Residences, 99LH, M+S Pte Ltd

  1. #181
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    How to compete with so many units for rental when most of them are investors? What kind of rental yield?

  2. #182
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    Default Super Response

    Marina One is still in the midst of selling to multiple-units (at least 3 units) purchasers. Over the last 3 days, more than 110 units - fair share of 1BR and 2BR units - were snapped up by these buyers. Multiple-units cheques are coming in even at this hour (1.30am), therefore the numbers will likely increase over the next 2 days.

    Wednesday 8 Oct: A much larger group of 2-units purchasers (already submitted EOI) will start buying.

    Friday 10 Oct: Single unit purchasers (already submitted EOI) will start.

    Sales gallery is closed today (Monday) and tomorrow (Tuesday).

    Bottom line: response is superb. Just superb.





    .
    Last edited by sunboy77; 06-10-14 at 01:43.

  3. #183
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    Quote Originally Posted by smellyfish View Post
    just came back from the showflat. very livable apts, at a right size for professionals. after 10% discount about $1.5 thereabouts for low to mid floor 1-bedders. pricing about 2300++psf onwards before 10% discount. they are releasing only 1 residential tower.
    1.5 for a one bedder. I how much would one expert for RENTAL? I coz I will expect abt 5 k yo break even per my. I and plus iinterest rates increase. 6k?
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  4. #184
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    Quote Originally Posted by sunboy77 View Post
    Marina One is still in the midst of selling to multiple-units (at least 3 units) purchasers. Over the last 3 days, more than 110 units - fair share of 1BR and 2BR units - were snapped up by these buyers. Multiple-units cheques are coming in even at this hour (1.30am), therefore the numbers will likely increase over the next 2 days.

    Wednesday 8 Oct: A much larger group of 2-units purchasers (already submitted EOI) will start buying.

    Friday 10 Oct: Single unit purchasers (already submitted EOI) will start.

    Sales gallery is closed today (Monday) and tomorrow (Tuesday).

    Bottom line: response is superb. Just superb.


    Thanks Sunboy. Nice update

    Prices after discount as quoted in the press ($1900-$3000)?

    Think pricing for 1 to 2 bedder very reasonable. $1.4m for 1 bedder similar to current range of $1.2-1.6m at Sail.
    The main difference is that all the 1 bedders face internally

    From the look of it, there won't be any cheaper 1-2 bedders left for single unit purchasers come Friday.

    Would guess there is a high percentage of foreign buyers despite ABSD

    Good pricing, unbeatable location, excellent finishing & layout = superb sales

    Hope you huat from this launch

  5. #185
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    Quote Originally Posted by sunboy77 View Post
    Marina One is still in the midst of selling to multiple-units (at least 3 units) purchasers. Over the last 3 days, more than 110 units - fair share of 1BR and 2BR units - were snapped up by these buyers. Multiple-units cheques are coming in even at this hour (1.30am), therefore the numbers will likely increase over the next 2 days.

    Wednesday 8 Oct: A much larger group of 2-units purchasers (already submitted EOI) will start buying.

    Friday 10 Oct: Single unit purchasers (already submitted EOI) will start.

    Sales gallery is closed today (Monday) and tomorrow (Tuesday).

    Bottom line: response is superb. Just superb.

    .
    Wow Sunboy, you are working hard into midnight! Thanks for the updates and keep them coming!
    Based on what you are seeing on the ground, I can now answer my earlier question.. the general profile of buyers for this project do not participate much in forums ... hence the lackluster discussion in this thread (compared to Duo) despite the superb sales!

  6. #186
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    You should read the an article featuring MarinaOne project in the recent Singapore Edge magazine. One prospective buyer said that he will be going on holiday soon and wentdown to the showflat to pick up 1 to 2 units before they go away.He should be in the top 2.8%or one of the 151,000 millionaires in Singapore.

  7. #187
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    DISCOUNTS for early-bird buyers helped sales take flight at the Marina One integrated development over the weekend.

    Of the 1,042 private homes in the project, about 100 have been sold in bulk sales of three or more units since Friday, said real estate agents yesterday.

    Developer M+S enticed early buyers with a 10 per cent discount, bringing prices down to between $1,960 and $3,100 per sq ft (psf).

    It said last week that it would initially sell units from the first residential block at the Marina Bay development. The second block will be released only after the project is completed in 2017.

    Sales to people wanting two apartments are expected to begin tomorrow, while single-unit buyers will have to wait until Friday.

  8. #188
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    Huat ah.
    "Never argue with an idiot, or he will drag you down to his level and beat you with experience."

  9. #189
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    1.39X mil cheapest based on the price list but likely multi units owners will grab them. The smaller 2rms at the corner stack seems to be the hottest in terms of quantum and size. Saw a few groups of what looks to be like rich indon tai tais there. Overall pretty impressive showflat, eben got artas kopi

  10. #190
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    Got ABSD refund is it?

    Quote Originally Posted by dtrax View Post
    DISCOUNTS for early-bird buyers helped sales take flight at the Marina One integrated development over the weekend.

    Of the 1,042 private homes in the project, about 100 have been sold in bulk sales of three or more units since Friday, said real estate agents yesterday.

    Developer M+S enticed early buyers with a 10 per cent discount, bringing prices down to between $1,960 and $3,100 per sq ft (psf).

    It said last week that it would initially sell units from the first residential block at the Marina Bay development. The second block will be released only after the project is completed in 2017.

    Sales to people wanting two apartments are expected to begin tomorrow, while single-unit buyers will have to wait until Friday.

  11. #191
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    not that I am aware of

  12. #192
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    got too much money dunno where to park is ok. for investment? lol......

  13. #193
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    Quote Originally Posted by dtrax View Post
    1.39X mil cheapest based on the price list but likely multi units owners will grab them. The smaller 2rms at the corner stack seems to be the hottest in terms of quantum and size. Saw a few groups of what looks to be like rich indon tai tais there. Overall pretty impressive showflat, eben got artas kopi

    Agree atas kopi and also nice tarts

    for 1 roomers, stacks 11-13 best facing less discounts.

    Come Friday, unlikely many good deals left for single unit purchasers unless more units are released.

    Generally very reasonable priced units (based on pfs) for the 1-2 roomers

    mid to long term investment for those with $$$$

  14. #194
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    Quote Originally Posted by Singleton View Post
    Agree atas kopi and also nice tarts

    for 1 roomers, stacks 11-13 best facing less discounts.

    Come Friday, unlikely many good deals left for single unit purchasers unless more units are released.

    Generally very reasonable priced units (based on pfs) for the 1-2 roomers

    mid to long term investment for those with $$$$
    Tis is for foreigners to play their game, locals usually stay out😄

  15. #195
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    best thing is developer can slowly release the units. can start selling block 2 at TOP, no 5 yr rule at all. No land cost too.

    the location is really one of a kind, and the units are good in terms of layout and fittings. too bad cannot formally rent out as service apts to maximize returns.

  16. #196
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    Quote Originally Posted by smellyfish View Post
    best thing is developer can slowly release the units. can start selling block 2 at TOP, no 5 yr rule at all. No land cost too.

    the location is really one of a kind, and the units are good in terms of layout and fittings. too bad cannot formally rent out as service apts to maximize returns.
    Will the residential tower be managed by landlord of the commercial tower?
    "Never argue with an idiot, or he will drag you down to his level and beat you with experience."

  17. #197
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    Default Only The Lucky Ones Get To Buy

    The 2-units purchases started today with 133 units already struck off by the multiple-units purchasers since last Friday.

    Just 2 hours into the 2-units purchases today, we are only left with:



    The 2BR Stack 14 is the first stack to run out!

    The single-unit purchaser must be very, very lucky to buy anything in this first release, if any units left at all on Friday.

  18. #198
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    http://www.stproperty.sg/articles-pr...R0drM.facebook

    Of the 1,042 private homes in the project, about 100 have been sold in bulk sales of three or more units since Friday, said real estate agents yesterday.

    Developer M+S enticed early buyers with a 10 per cent discount, bringing prices down to between $1,960 and $3,100 per sq ft (psf).

    It said last week that it would initially sell units from the first residential block at the Marina Bay development. The second block will be released only after the project is completed in 2017.

    Sales to people wanting two apartments are expected to begin tomorrow (8 oct), while single-unit buyers will have to wait until Friday.

  19. #199
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    Quote Originally Posted by sunboy77 View Post
    The 2-units purchases started today with 133 units already struck off by the multiple-units purchasers since last Friday.

    Just 2 hours into the 2-units purchases today, we are only left with:



    The 2BR Stack 14 is the first stack to run out!

    The single-unit purchaser must be very, very lucky to buy anything in this first release, if any units left at all on Friday.

    I SCREAM ICE-CREAM!

  20. #200
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    Yet another vote of confidence for Marina Bay developments.

  21. #201
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    As I have said last year, this project can buy. Many potential buyers has been waiting for this till neck long.
    "Never argue with an idiot, or he will drag you down to his level and beat you with experience."

  22. #202
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    Are there many property agent buying this project?
    "Never argue with an idiot, or he will drag you down to his level and beat you with experience."

  23. #203
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    Quote Originally Posted by sunboy77 View Post
    The 2-units purchases started today with 133 units already struck off by the multiple-units purchasers since last Friday.

    Just 2 hours into the 2-units purchases today, we are only left with:



    The 2BR Stack 14 is the first stack to run out!

    The single-unit purchaser must be very, very lucky to buy anything in this first release, if any units left at all on Friday.
    Wow... impressive. How abt the 3BR and 4BR?
    Also, I thought this project is higher than 25 floors? Did M+S not release the top few floors?

  24. #204
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    Quote Originally Posted by Ringo33 View Post
    Are there many property agent buying this project?
    Don't think so ba.. Tdsr can pass meh

  25. #205
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    Yup. Property agents nowadays very poor...

  26. #206
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    bro, so total how many sold liao?

    Quote Originally Posted by sunboy77 View Post
    Yup. Property agents nowadays very poor...

  27. #207
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    Default 85% of 242 units sold

    Quote Originally Posted by bargain hunter View Post
    bro, so total how many sold liao?

    15% left for single unit balloting tomorrow.


    From pptyguru

    Due to high interest, some 242 units at Marina One Residences were released to local and foreign buyers during its preview phase, up from the 150 to 200 apartments that were initially made available.

    More than 85 percent have been sold to multi-unit purchasers who were given priority to book units. They include buyers of two or more units at the massive 1,042-unit condominium at Marina Bay.

    Buyers comprise Singaporeans, Malaysians and other nationalities.

    Meanwhile, balloting begins tomorrow for single-unit purchasers who submitted cheques in recent days.

    Developed by M+S, the 99-year leasehold condominium forms part of the Marina One integrated development and consists of one- to four-bedrooms and penthouses. The largest penthouse unit reportedly measures 9,000 sq ft.

    PropertyGuru had earlier reported that initial prices are in the range of $1,960 to $3,100 psf.

    Responding, M+S COO Kemmy Tan said: “The strong response underscores Marina One as a choice development for investors and owner-occupiers alike, given its vibrant location, quality and scale of its integrated concept, its seamless connectivity to four MRT lines as well as the various lifestyle offerings at Gardens by the Bay, Waterfront Promenade, Marina Bay Sands and the Marina Bay area.”

    The showflat will officially open to the public from this Saturday onwards and buyers can look forward to a new release of units.

    Marina One Residences is expected to obtain TOP in 2017.

    Meanwhile, DUO Residences, another iconic project by M+S in the Ophir-Rochor area, has seen significant sales since its launch last November, with 619 of the total 660 units already sold.

  28. #208
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    thanks for update. bro sunboy must be busy huat-ing so no time to reply.


    Quote Originally Posted by Newbie1 View Post
    15% left for single unit balloting tomorrow.


    From pptyguru

    Due to high interest, some 242 units at Marina One Residences were released to local and foreign buyers during its preview phase, up from the 150 to 200 apartments that were initially made available.

    More than 85 percent have been sold to multi-unit purchasers who were given priority to book units. They include buyers of two or more units at the massive 1,042-unit condominium at Marina Bay.

    Buyers comprise Singaporeans, Malaysians and other nationalities.

    Meanwhile, balloting begins tomorrow for single-unit purchasers who submitted cheques in recent days.

    Developed by M+S, the 99-year leasehold condominium forms part of the Marina One integrated development and consists of one- to four-bedrooms and penthouses. The largest penthouse unit reportedly measures 9,000 sq ft.

    PropertyGuru had earlier reported that initial prices are in the range of $1,960 to $3,100 psf.

    Responding, M+S COO Kemmy Tan said: “The strong response underscores Marina One as a choice development for investors and owner-occupiers alike, given its vibrant location, quality and scale of its integrated concept, its seamless connectivity to four MRT lines as well as the various lifestyle offerings at Gardens by the Bay, Waterfront Promenade, Marina Bay Sands and the Marina Bay area.”

    The showflat will officially open to the public from this Saturday onwards and buyers can look forward to a new release of units.

    Marina One Residences is expected to obtain TOP in 2017.

    Meanwhile, DUO Residences, another iconic project by M+S in the Ophir-Rochor area, has seen significant sales since its launch last November, with 619 of the total 660 units already sold.

  29. #209
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    Wink There's still a chance to buy!

    Haha sorry. Too busy to update.
    Not enough to sell, that's why the developer released 2 more stacks of 2BRs.
    This is the result at 5pm. Still got chance to buy!


  30. #210
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    Quote Originally Posted by sunboy77 View Post
    Haha sorry. Too busy to update.
    Not enough to sell, that's why the developer released 2 more stacks of 2BRs.
    This is the result at 5pm. Still got chance to buy!

    investors finally buay tong? Die die must hoot something?

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