After Yishun central condo price hit record high...

**star** · 05-09-13, 20:40

I now believe condo has now finally delinked from hdb.
Land price even higher than sky habitat by $200psf!!!
Higher than J gateway by about $350psf!!
Amen.

**thomastansb** · 05-09-13, 21:39

Even Tanjong Pagar that site is around 1k psf/ppr also right? And now, Yishun also 1k psf. In fact, Yishun is higher than Tg Pagar. It is close to 1.1k psf/ppr.

Originally Posted by star

I now believe condo has now finally delinked from hdb.
Land price even higher than sky habitat by $200psf!!!
Higher than J gateway by about $350psf!!
Amen.

**star** · 05-09-13, 21:57

Originally Posted by thomastansb

Even Tanjong Pagar that site is around 1k psf/ppr also right? And now, Yishun also 1k psf. In fact, Yishun is higher than Tg Pagar. It is close to 1.1k psf/ppr.

Yes. The whole singapore is transforming into a city called ccr.

**kane** · 05-09-13, 22:54

Y Gateway coming right up... and right behind it, another CM perhaps.

**august** · 05-09-13, 23:38

will heads roll at Fraser?

**mermaid** · 05-09-13, 23:46

Originally Posted by kane

Y Gateway coming right up... and right behind it, another CM perhaps.

its time for a CM for the developers liao since they r always the one who misbehave

govt nid to do something b4 W gateway (woodleigh) comes

**NO_7** · 05-09-13, 23:55

Developers are targeting HNWI, anything tag at $1mil is for mass market liao.

**kane** · 05-09-13, 23:58

Originally Posted by august

will heads roll at Fraser?

this is the biggest gap i have seen in percentage and in quantum.

**kane** · 06-09-13, 00:03

Originally Posted by mermaid

its time for a CM for the developers liao since they r always the one who misbehave

govt nid to do something b4 W gateway (woodleigh) comes

how do you cool developers with deep pocket? by upping development charge? developers will ultimately pass the cost to the buyer.

**Maxim1** · 06-09-13, 00:21

Originally Posted by star

Yes. The whole singapore is transforming into a city called ccr.

Hahaha.. according to some ocr supporters, the whole singapore is transforming into a city called ocr: everywhere is central so nowhere is central.

**rymccondo77** · 06-09-13, 01:12

Originally Posted by august

will heads roll at Fraser?

Probably !!

Reminded me of the gap between Capitaland and Keppel Land for Bishan (i.e. sky habitat) - Capitaland's was 27 per cent higher than the second-highest bidder Keppel Land.

This one, as Kane mentioned, is the biggest gap!!!

**RCT** · 06-09-13, 07:15

I think the one in charge of bidding will be retrenched immediately.. He just cost his company 50 million... Hahaha...

**wirehtc** · 06-09-13, 07:26

Originally Posted by RCT

I think the one in charge of bidding will be retrenched immediately.. He just cost his company 50 million... Hahaha...

May not be an overbid.

**mermaid** · 06-09-13, 07:40

Originally Posted by kane

how do you cool developers with deep pocket? by upping development charge? developers will ultimately pass the cost to the buyer.

set TDSR limit on them, hiak hiak

**Adva181** · 06-09-13, 08:16

Originally Posted by RCT

I think the one in charge of bidding will be retrenched immediately.. He just cost his company 50 million... Hahaha...

I think it's 500mil

**kane** · 06-09-13, 08:28

Originally Posted by Adva181

I think it's 500mil

500mil can almost bid on a new plot of land for another mid size project.

**mermaid** · 06-09-13, 09:15

Originally Posted by Maxim1

Hahaha.. according to some ocr supporters, the whole singapore is transforming into a city called ocr: everywhere is central so nowhere is central.

soon MMs in OCR will hit the million dollar jackpot

**Rysk** · 06-09-13, 10:02

Originally Posted by star

I now believe condo has now finally delinked from hdb.
Land price even higher than sky habitat by $200psf!!!
Higher than J gateway by about $350psf!!
Amen.

No wonder after Wing Tai boss tried his luck to talk down the mkt (but CMI)
http://sg.news.yahoo.com/price-growt...160000082.html
Now is old fox CDL boss turn try to use the similar tactic.. so other developers dare not bid so high next round
http://sg.news.yahoo.com/home-prices...041450817.html

They are running out of landbank liao!! So many bid also unsuccessful recently..

**mermaid** · 06-09-13, 10:25

Originally Posted by Rysk

No wonder after Wing Tai boss tried his luck to talk down the mkt (but CMI)
http://sg.news.yahoo.com/price-growt...160000082.html
Now is old fox CDL boss turn try to use the similar tactic.. so other developers dare not bid so high next round
http://sg.news.yahoo.com/home-prices...041450817.html

They are running out of landbank liao!! So many bid also unsuccessful recently..

CDL still got many landbank la ... the FH pasir plot 5 he bought > 10 yrs ago is enuff to generate tonnes of profit even if he stop bidding in the next 1 yr.

**Adva181** · 06-09-13, 10:37

Originally Posted by mermaid

CDL still got many landbank la ... the FH pasir plot 5 he bought > 10 yrs ago is enuff to generate tonnes of profit even if he stop bidding in the next 1 yr.

The plot 5 is converted to LH99

**thomastansb** · 06-09-13, 10:38

So if same price, will people buy Marina bay or Jurong? Orchard or Bedok?

I think most people will still choose wisely but there will always be some cocks around who will repent later.

Originally Posted by Maxim1

Hahaha.. according to some ocr supporters, the whole singapore is transforming into a city called ocr: everywhere is central so nowhere is central.

**minority** · 06-09-13, 10:53

Originally Posted by star

I now believe condo has now finally delinked from hdb.
Land price even higher than sky habitat by $200psf!!!
Higher than J gateway by about $350psf!!
Amen.

Bye Bye HDB upgraders. The KPKB generation finally have shot u in the foot.. enjoy the ride down..

**mermaid** · 06-09-13, 10:57

Originally Posted by Adva181

The plot 5 is converted to LH99

tat means cdl is selling LH condo on FH land lor.
in fact, the whole 5 plots of land all FH

u tink it is a bad idea for buyers to buy if they alrdy noe tat the landlord is not the govt?
or actually ppl dun care?

**Nman** · 06-09-13, 11:02

Originally Posted by kane

500mil can almost bid on a new plot of land for another mid size project.

I think Yishun Ai Huat Liao
意义顺利

**Nman** · 06-09-13, 11:04

Next time can cycle to Orchard Road.

**DKSG** · 06-09-13, 11:11

People staying between Yishun and Orchard will HUAT AH !

But the question is, will the people in Yishun bite ?

Another point to note is the commercial element, if develop decide to sell away the commercial portion, I think the $1,077 psf may not mean a $1,500 psf for residential.

DKSG

**star** · 06-09-13, 11:22

Yishun central condo price easily beat ang mo kio centro residence.

**star** · 06-09-13, 11:32

I think no head will roll for this yishun central bid. Nobody will dare to put $500m extra bid without even letting the boss know.

The truth is out:
Desmond Sim, Associate Director, CBRE Research said: “Frasers’ top bid, about 50 percent more than the second bid, is probably intended to reinforce its stronghold of shopping centres in the area, namely Northpoint and Causeway Point.”

“The site’s integration with Yishun MRT station and bus interchange in future makes it a new focal point for Yishun,” he added.

**thomastansb** · 06-09-13, 11:34

They asked for it. They want prices to go down. They don't want to see any 1M HDB anymore.

Originally Posted by minority

Bye Bye HDB upgraders. The KPKB generation finally have shot u in the foot.. enjoy the ride down..

**star** · 06-09-13, 11:35

Now the biggest shopping mall landlord in the north is Fraser!

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