any news on the tender?
any news on the tender?
should be at 5+ or 6+pm
Originally Posted by p3nboy
guesses so far (in psf per plot ratio):
bargain hunter 845
Pro888 888.88
jeaprp 900 +/- 50
Ilikeu 900 to 950
kane 970
any other damn free soul, please feel free to participate.
wheelock incorporated another 2 shell companies yesterday. wonder if they will participate.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_BAD5E324D8672FFE48257B080036D65D/$file/WPSL_ANN_Subsidiaries.pdf?openelement
Colonnade and Cone
950psf ... 100psf above Bishan
Ride at your own risk !!!
bargain hunter 845
Pro888 888.88
jeaprp 900 +/- 50
Ilikeu 900 to 950
kane 970
leesg123 988
Originally Posted by bargain hunter
added phantom. at this rate leesg is gonna win the bid.
Originally Posted by leesg123
1
Intrepid Investments Pte Ltd, Verwood Holdings Pte. Ltd. and Hong Realty (Private) Limited
$562,818,171
2
Acresvale Investment Pte Ltd
$549,290,000
3
FCL Topaz Pte. Ltd., Far East Orchard Limited, Sekisui House, Ltd. and China Construction (South Pacific) Development Co. Pte Ltd
$541,880,000
$883 psf ppr. Me very close to my prediction.Originally Posted by Pro888
wah, only 3 bidders?! and 882,85psf. and Pro888 is indeed 888.88 zhun!
Originally Posted by Pro888
so land bids did cool a bit lah. other forumers very optimistic leh. even more bullish than mr. kwek.
Indeed, CM is taking some effects. From what i see, they are more selective (vicinity development) / huge quantum has to pay.Originally Posted by bargain hunter
FEO gang getting in China Con. and also as their builder.
developers focus is now on OCR property where they will be targeting on first timer.Originally Posted by bargain hunter
Echelon II ?How about naming this The Elitist ke ke ke
Ride at your own risk !!!
1. Pro888 888.88 (CDL 882.85)
2. jeaprp 900 +/- 50 (Kepland 861.63)
3. bargain hunter 845 (FCL FEO 850.01)
u guys are too bullish (overbid for the "COE") hehehe:
Ilikeu 900 to 950
phantom 950
kane 970
leesg123 988
Originally Posted by Pro888
we put in our guesses before CM7 mah. hahaha.
sell cheaper also good lah.
guess is after CM7 ok. it was last tues, after the jurong west site closed, remember?
Originally Posted by kane
Originally Posted by Pro888
Owners of Queens will be very happy!
totally losing track of time. was it that recent?? hahaha.Originally Posted by bargain hunter
saw technically with this kind of psf, we should see about $1,300 +/- psf as the final price?
dream on. hong leong has an echelon to defend.
Originally Posted by kane
Can't agree more. $1300 is more like breakeven price. Some more Queens just across the road, which is much older, is already transacting at $1500. And I am not even talking about mm unit.Originally Posted by bargain hunter
QUEENS* STIRLING ROAD Condominium 1 1,390,000 915 Strata 1,519 Jan-13
Quite agree. 1300 psf is more like break even price.Originally Posted by bargain hunter
They defend with such a fairly modest bid ah?Originally Posted by bargain hunter
they will not undercut echelon prices to sell too low. at the same time, of course they won't overpay for the land lah. if echelon is 1700psf average, this one at least must be 1500psf average.
Originally Posted by kane
what is $500m when US Feb prints 85b USD every month and Japan central bank has just joined the unlimited printing club
Assuming 85b USD = 100b SGD, it can buy close to 200 prime lands in Singapore in one month
Ride at your own risk !!!
At 1500psf. Their profit margin ba-ba, can still afford to absorb absd. Heh.Originally Posted by bargain hunter
fairly modest bid doesnt = modest selling price.Originally Posted by kane
Y very happy? its not as if the prices of bidding is way above the Queen's transacted price....and the new development is brand new...Originally Posted by timmy
CDLbought the Echelon land at approx. $754 psf. Avg prices $1700 psf. Some 1-bedder touched $2,300psf mark....Originally Posted by kane