Hmm.. Today no updates on sale numbers?
Hmm.. Today no updates on sale numbers?
Exactly, very well said. In 2009, based on PPI, pay increment etc, everyone told me buy Ang Mo Kio Centro at $1200psf is crazy pricing. In 2008, everyone around me told me that buy a property next to Kovan MRT at 840psf is crazy and stupid as it is already the market peak. True enough, price crash n decline to 750psf at one point but we all know now the current prices of condo next to MRT even for terrible location like Kovan which is not as posh as Jurong Gateway where this Ringo33 has mentioned many times.
Same for The Quartz at Buangkok MRT, some excellent expert property friends told me 650psf is crazy...wait for it to drop further due to economic crisis. To buy then was just stupid.
Agent didn't update on numbers today.
https://www.facebook.com/SkyvueCapitaland
Sales chart as of 4pm this afternoon.. creepy up
Block 1 , 3 bedder still hardly move.
Btw, dtrax....who are those 2 men in the picture above?
anyone still think she is a man ?
http://www.skyvue.com.sg/gallery/behind-the-scenes
looks like two thirds sold from the charts.
if a person hv not gotten a gd deal, does he hv the capacity to brag?
but the intention of my post is not impt at all.
wat is more impt is tat one is comfy wif his purchase itis gd enuff.
u dun nid everyone to agree tat jurong is promising; u feel it is worth it can liao.
There are Chinese versions of the Brochure / Floor Plan download:
http://www.skyvue.com.sg/gallery/downloads
Think Capitaland actively targets Chinese buyers / investors (including those from China).
Anyone who has a keyboard will have a capacity to brag, the only question is if whether it is real or not.
So like I said, this is internet forum, please keep your bragging and good deal to yourself. Dont need to tell the world what you own or how deep is your pocket because its meaningless.
And back to J Gateway, if you have issue with other talking about it in other thread, then you should go after those who started it. I am sure you know who.
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
SV sold total 430 units over weekends
T3 sold total 250 todate
Shoebox units help Sky Vue sell 85% of units launched
Good response fuels hopes of pick-up in market sentiment
BYGRACE LEONG [email protected]
CAPITALAND'S reversal of its former CEO's stand against shoebox units appears to have paid off.
The company, which is now led by Lim Ming Yan following the retirement of Liew Mun Leong, said the initial sales launch of Sky Vue at Bishan Central saw 430 units sold out of 505 units released for sale this past weekend. The strong response fuelled cautious hopes of a pick-up in market sentiment following several rounds of property cooling measures.
The property giant sold 410 units at an average price of $1,500 per square foot (psf) on Saturday, the first day of sales, plus 20 more yesterday, with one-bedroom and two-bedroom units being the most popular. This compares with 90 units sold this past weekend at Thomson Three, bringing the total to 250 sold out of 320 units released to date, according to a UOL spokesman. The average price of the 99-year-leasehold development, a joint venture between UOL Group and Singapore Land, is about $1,350 psf.
"Sky Vue may revive the market," said Savills Singapore research head Alan Cheong. "It shows that people are able to get around the perceived hurdles that TDSR (Total Debt Servicing Ratio) rules set up, if the price is right. It is more difficult to buy property now, so buyers have to be given more reasons or incentives to buy. Perceived value is the catalyst that will draw buyers out."
CAPITALAND'S reversal of its former CEO's stand against shoebox units appears to have paid off.
The company, which is now led by Lim Ming Yan following the retirement of Liew Mun Leong, said the initial sales launch of Sky Vue at Bishan Central saw 430 units sold out of 505 units released for sale this past weekend. The strong response fuelled cautious hopes of a pick-up in market sentiment following several rounds of property cooling measures.
The property giant sold 410 units at an average price of $1,500 per square foot (psf) on Saturday, the first day of sales, plus 20 more yesterday, with one-bedroom and two-bedroom units being the most popular. This compares with 90 units sold this past weekend at Thomson Three, bringing the total to 250 sold out of 320 units released to date, according to a UOL spokesman. The average price of the 99-year-leasehold development, a joint venture between UOL Group and Singapore Land, is about $1,350 psf.
"Sky Vue may revive the market," said Savills Singapore research head Alan Cheong. "It shows that people are able to get around the perceived hurdles that TDSR (Total Debt Servicing Ratio) rules set up, if the price is right. It is more difficult to buy property now, so buyers have to be given more reasons or incentives to buy. Perceived value is the catalyst that will draw buyers out."
The TDSR rules, which took effect in late June, require financial institutions, when granting property loans to individuals, to ensure that the borrower's monthly total debt repayments do not exceed 60 per cent of their gross monthly income.
CapitaLand's strategy of building homes that are smaller than 500 sq ft - or shoebox units once decried by its former boss Mr Liew as being "almost inhuman" - in order to attract buyers seeking lower total price quantums appears to have panned out for Sky Vue.
That stands in contrast to the company's Sky Habitat just next to Sky Vue. As at Sept 18, 173 units out of a total of 250 units released at the 509-unit Sky Habitat have been sold. Its larger-sized units could be a key factor why the project's released units have not sold out yet, since its average selling price of $1,589 psf is not far off that of Sky Vue's, and its design by renowned Israeli architect Moshe Safdie is seen as a plus.
When asked to compare Sky Vue's performance against Sky Habitat, which still has about 70 per cent unsold units, a CapitaLand spokesman said: "Sky Habitat and Sky Vue are conceptualised and designed with different segments of markets in mind. While some buyers favour iconic architecture designed by famous architects and larger unit sizes, we have not forgotten those who prefer layouts with more livable space. We believe each product will appeal and cater to the needs of potential homebuyers from different market segments."
Three Sky Habitat units were sold at an average price of $1,510 psf in July, under an ongoing promotion called the selective unit discount scheme, where units are on sale at a 6 per cent discount, the spokesman added.
One other analyst said that the strong performance of both Sky Vue and Thomson Three is a testament to pent-up demand and relatively strong purchasing power in the Bishan and Thomson vicinity. But he said that must be compared against the performance of other projects, such as The Skywoods in the Dairy Farm area and Keppel Land's The Glades.
Wong Heang Fine, CEO (residential) of CapitaLand Singapore, said: "Most of our buyers are young couples who appreciate the well-articulated layouts and lifestyle amenities of Sky Vue and its proximity to the Bishan MRT station and Junction 8 shopping mall."
The average price of a one-bedroom unit at Sky Vue is $750,000 while that of a two-bedroom unit is $933,000. The average price of a two-bedroom suite is $1.15 million and that of a three-bedroom unit is $1.58 million
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
I think the one that is the most cheena and clearly targeting PRC crowd is the Thomson Grand. The entire advert is about SICC and presumably PRC audience like to be associated with "country club" not knowing its gonna move out and likely build HDB flats. And then those chandeliers and gaudy decoration only can attract the not so discerning who likes loud logos.
But frankly, I'm not surprised Capitaland is aso targeting the same crowd. after all, nowadays, only HDB upgraders and PRCs are buying.
I think one of the reasons this sell so well is because they use the right strategy - launch just after the Thomson 3 in the Brighthill Sin Ming area. I think the choice is clear that Sky Vue is a way better project in terms of amenities and location. both are near HDB and 99LH, so no difference in those aspects that they are upgrader condos. But when it comes to amenities, location, transportation, air quality (not near crematorium) and peace of mind (not near funeral hub of Singapore), Sky Vue beats the other one hands down. No fight. Unless those parents without affiliation who need to send their kids to Ai Tong to fulfill their dreams of sending their kids to "elite" school (Ai Tong?) that they are deprived of.