Hillion Residences @ Bukit Panjang Hub (D23, 99yrs, by Sim Lian)

[DC33_2008]

Garment always believe in having a free market and price should be based on market demand. Just pocket the money and redistribute the wealth. It will only go higher. Not sure what can DPM T do?

how can developer lower their price if they bought the land expensive, how can they bought the land cheap if garmen refused to value the GLS cheaper?
how can the garmen value the GLS lands cheaper when there is so much money printing

construction cost - 250-300psf for OCR
land cost - depends on M2 (which double from 2005) so a piece of land valued at 300psf in 2005 have to be sold for 600psf as the reserve price

600 + 300psf + 100psf finance/marketing cost = 1000psf liao

that's why I say nothing will be below 1000psf it does not matter how many CMs are there

basically those who bought below 1000psf are super safe liao, just need to wait 2kpsf to sell

[phantom_opera]

Garment always believe in having a free market and price should be based on market demand. Just pocket the money and redistribute the wealth. It will only go higher. Not sure what can DPM T do?

I think 90% of ABSD / SSD probably go to Temasek/GIC, 10% for Budget redistribution lol

this article about HK saying want to get ultrarich that only way is via property development .... I think same is true for Singapore

香港的富豪有排第八的李家誠，二十四位的李兆基，二十六位的郭氏兄弟，排四十四位的鄭裕彤，全都是與地產有關，他們在房地產賺了一大筆，再發展至其他行業。由此可見在香港不做地產的，想創富的一定困難重重，連政府自己也是由土地及房地產（包括自己作為大股東的港鐵）產生可觀的收入。我想也想不到有那些公司可以如港鐵般在2012年的收入為357億元，利潤為136.7億元，利潤足足有近四成。雖然有一些是會計的利潤，但有政府參與其中，肯定帶來不少社會議題。

[DC33_2008]

Life is going to be tougher moving forward. Only the ultra rich can divest.

I think 90% of ABSD / SSD probably go to Temasek/GIC, 10% for Budget redistribution lol

this article about HK saying want to get ultrarich that only way is via property development .... I think same is true for Singapore

香港的富豪有排第八的李家誠，二十四位的李兆基，二十六位的郭氏兄弟，排四十四位的鄭裕彤，全都是與地產有關，他們在房地產賺了一大筆，再發展至其他行業。由此可見在香港不做地產的，想創富的一定困難重重，連政府自己也是由土地及房地產（包括自己作為大股東的港鐵）產生可觀的收入。我想也想不到有那些公司可以如港鐵般在2012年的收入為357億元，利潤為136.7億元，利潤足足有近四成。雖然有一些是會計的利潤，但有政府參與其中，肯定帶來不少社會議題。

[juayster]

Went there on sat... looking for two bedders.

Got the following quotes..

#15-xx, original price before less is 1257k (1770psf), after less 1005k (1415psf)

#14-xx, original price before less is 1227k (1728psf) , afer less 981k (1381psf)

No disrespect to bro whom has vested in bt panjang area...Bukit panjang area can sell at 1700++ psf meh? Tot this is like sales gimmick... make up super high before discount... it give you feeling that you are get a good deal...

This is the same developer that priced very high for the DBSS in Tampines right? And later back off after criticized by the public.

[terrynfs]

i got the quotation for 2 bedder soho (15-xx, 3.6m f-f ceiling) for 950k, personally i think the price is very reasonable for a mixed development, and don't forget for the land itself costs developer 805psf

[phantom_opera]

i got the quotation for 2 bedder soho (15-xx, 3.6m f-f ceiling) for 950k, personally i think the price is very reasonable for a mixed development, and don't forget for the land itself costs developer 805psf

is the 1br from 680k having high ceiling also?

[terrynfs]

is the 1br from 680k having high ceiling also?

668k no, 1 bedder soho from around 720k, 2 bedder is a better buy for me

[phantom_opera]

668k no, 1 bedder soho from around 720k, 2 bedder is a better buy for me

that will depend on how big is the 2br SOHO and whether price include the platform area

[terrynfs]

that will depend on how big is the 2br SOHO and whether price include the platform area

1 bedder soho 463/474, 2 bedder soho 710

[GForce]

Agree with you...but can't really blame them.

1. They are worry about CM 8, CM 9, CM10 etc.

2. Some had been waiting since 2009, rent a place, every year pay more then the amount then buying a private condo by paying monthly mortgage only.
They can't afford anymore, i know a friend had spent $3000 X 12 month X 3yrs = $108000 on rental !!!

3. Every cooling measure come out, those got multi property will be smiling, but those yet got more then one will lost another opportunity, as it really made them difficult to buy 2nd one for investment / upgrade purpose.

Aiyo felt heart pain for yr friend, that amt could be used to buy another pty leh!
Pty 101, max rental 1 yr after this period better to buy a place for own stay.
Must always plan ahead b4 the roof over one's head is sold man!
Hope yr friend learnt from this experience n not make the same mistake again!

[henryhk]

U nver know, some people like to pay rent and keep a lot of free cash....to do business or other investment...like stocks....hahaha

[TMATT]

Bro, not that he want, but when his HDB flat raise 100% from buy price of $180K, think many will be "smoke out" by property agency to sell & rent , keeping the nice profit while " wait for price to CRASH!

But ... What happened after 2009, we had all witness, think his flat if don't sell, now should worth $500K???

Can see from this forum that many still got this funny mindset, want crises so they can buy cheap cheap, want everyone to die & suffer like them.
We hope they carry on such negative thinking, as the time they cannot hold anymore but buy, will be time real crises come. Haha

Think those had brought below $1000psf, or even $600psf, need not to worry even market crash 20% as it only give another opportunity to buy more by using rental collected so far ( if crash 20%, some CM should had been remove)

Aiyo felt heart pain for yr friend, that amt could be used to buy another pty leh!
Pty 101, max rental 1 yr after this period better to buy a place for own stay.
Must always plan ahead b4 the roof over one's head is sold man!
Hope yr friend learnt from this experience n not make the same mistake again!

[terrynfs]

any sales figure updates?

[westman]

any sales figure updates?

after 3 quiet days without any forumer posting here before you did 6 hours ago.... you can imgaine how's the sales will be...

either all chiong they to buy thus not free to be keyboard warrior here or;
give it a missed.....

[Trigger]

Went to take a look. Lowest quantum 1Br left is about $677k or approx $1,430psf. Agent told me sure to make money

[propertychap]

Wow more expensive than bedok residences. Buy bedok

[DC33_2008]

Bedok residence looks cheaper now.

Wow more expensive than bedok residences. Buy bedok

[phantom_opera]

price is FEO inspired, guess integrated project very rare so developer yayapapaya

[zeamybro]

Wow 14xx psf ... Really no showflat?

Those keen in mixed dev can consider midtown at hougang as alternative

[Rosy]

Wow 14xx psf ... Really no showflat?

Those keen in mixed dev can consider midtown at hougang as alternative

I expect the prices for the midtown to be similar to higher.

[terrynfs]

Went to take a look. Lowest quantum 1Br left is about $677k or approx $1,430psf. Agent told me sure to make money

how is the 2 bedder now?

[Trigger]

how is the 2 bedder now?

Seems quite a few available still, mostly #10 and above. The stack facing Upper Bt Timah road is around $935k or $1,317psf.

[bargain hunter]

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_1DAFDF07C9F7211748257B3C003A25F4/$file/announce-IPT.SLBP_2013-03-28.pdf?openelement

#19-17 997k
#18-03 786k
#10-02 985k
#18-02 1.061m
#16-02 1.047m

[moneymatters]

According today paper, 206 units sold so far.

[phantom_opera]

highest psf sold in March was 1,698psf

can fight with The Hillier

[Pikachu1245]

Went there on sat... looking for two bedders.

Got the following quotes..

#15-xx, original price before less is 1257k (1770psf), after less 1005k (1415psf)

#14-xx, original price before less is 1227k (1728psf) , afer less 981k (1381psf)

No disrespect to bro whom has vested in bt panjang area...Bukit panjang area can sell at 1700++ psf meh? Tot this is like sales gimmick... make up super high before discount... it give you feeling that you are get a good deal...

1400++ to 1500++ psf with mrt/mall at door step are common and very popular with buyers these days as limited supply...just look at Watertown,Bedok Residence

[electron]

1400++ to 1500++ psf with mrt/mall at door step are common and very popular with buyers these days as limited supply...just look at Watertown,Bedok Residence

Watertown and Bedok Residences were markedly cheaper when first launched though; just upwards of 1000psf. These newer launches (Sennet, Hillion, Midtown etc.) are more expensive.

[Pikachu1245]

Watertown and Bedok Residences were markedly cheaper when first launched though; just upwards of 1000psf. These newer launches (Sennet, Hillion, Midtown etc.) are more expensive.

Well , just like a cup of coffee at coffee shop cost 50-60 cents few years back, now it is 90 cents to a dollar plus. Value of money drops as time passes especially with QE at many parts of the world among the giant economies e.g. Japan, US, UK etc...

Can't turn back the clock, can we? Have to accept and cope, I guess.......

[bakasa2002]

Watertown and Bedok Residences were markedly cheaper when first launched though; just upwards of 1000psf. These newer launches (Sennet, Hillion, Midtown etc.) are more expensive.

Bedok Residences was going from 1300psf upwards, don't think it was anywhere as low as 1000psf ...

[star]

All new development from near future will be launch above $1000psf.