Dun know why got idiots buy Centro at 1.2k psf but not silversea. I mean, silversea location is much better than Centro even though silversea is overpriced. Not mentioning Centro is grossly and disgustingly overpriced.
Valued Contributor
Dun know why got idiots buy Centro at 1.2k psf but not silversea. I mean, silversea location is much better than Centro even though silversea is overpriced. Not mentioning Centro is grossly and disgustingly overpriced.
Junior
Yup..Originally Posted by thomastansb
maybe we will see how many of them will renegade on their promise to purchase the unit in a few months time..
Banned
well, call me for inform lol
Newbie
Anyone out there received sms message about invitation to talk on "MARKERT OUTLOOK & INSIGHT ON PROPERTY INVESTMENT NOW & BEYOND" by FEO to be held at SilverSea?
Looks like another attempt to revive interest in the project.
Junior
If this project is 99lh and selling for $1500psf...Anyone out there received sms message about invitation to talk on "MARKERT OUTLOOK & INSIGHT ON PROPERTY INVESTMENT NOW & BEYOND" by FEO to be held at SilverSea?
Looks like another attempt to revive interest in the project.
then Carribean and Reflection, Sail is also selling around $1500psf-2000psf... hmm.. very hard to decide ...
Senior
i didn't receive but since its the ghost month, they have stopped their adverts on CNBC and Bloomberg for now. When is the talk held? on 19th sep, after ghost month ends?
Anyone out there received sms message about invitation to talk on "MARKERT OUTLOOK & INSIGHT ON PROPERTY INVESTMENT NOW & BEYOND" by FEO to be held at SilverSea?
Looks like another attempt to revive interest in the project.
Newbie
It has been going on for the last 2 Sat. The first one was on 29th Aug, the upcoming one is on the 5th Sept Sat, 2.30pm. I am not in town, maybe someone from here can go down and see what bull they are trying to pull and give us a field report after attending.
Senior
hee, hopefully someone staying in the east. that area is too far for me to go down.
Newbie
I think FEO has cut their prices for this project since the recent launch after they realise that takeup is poor
Senior
are you sure FEO cut prices? maybe they just offer more no seaview units at 12xx to 13xx? seaview units remain at 1600psf?
Newbie
They better cut now befor the price fall......
Now everyone realised that to service 1 million loan is no joke...
Don't play play.....
Ordinary
Even if nobody buy, FEO will never cut price. That is their trademark.
Senior
no leh, seems more people are dillusioned and/or are really able to afford 1m loans
Newbie
That's fine, as long as they don't mind taking 5-10 years to sell the project! Some developers are different.
Newbie
nope, jus went there last week, no price drop. 2 bedder, low floor selling slighty more than 1.3k psf.
Junior
Never cut price - FEO - Forbes networth US$8 billion.
Cut price - CityDev - Forbes networth US$1.2 billion (because have to spend money to buy back the enbloc Hong Leong Gardens land to develop Hundred Trees, which in the first place belongs to their family).
Moral of story, never sell away your land - your descendants will make it higher on the Forbes list.
Newbie
True enough, the govt is doing something today to stop the speculators.
As i said, if the prices keep going up, the last person is going suffer.
So, FEO better start to cut prices before get stuck with all the balance units.
Junior
FEO never cut prices. They only cut quality. They are still selling bayshore park
Senior
FEO never cut prices. They only cut quality. They are still selling bayshore park
this round developers made enuff alrady lah ... they will hold FOREVER if they have to
if prices fall .. its becos flippers cannot find buyers and have to cut loss
Newbie
How come, they are allowed to hold on to unsold unit for so long. The recent guideline (just removed bt MBT), is that they are allowed to rent unsold unit for max of 4 years. Is it long, long time ago, they are allowed to hold unsold(maybe rent it out) unit and hence hold up the nation for ransom?FEO never cut prices. They only cut quality. They are still selling bayshore park
Newbie
How come you say the developer can hold FOREVER? Is is legal?
Senior
if price is not right ..they rent out lor ... until price is right then take out and sell
just like carribeans
Senior
many ways to get past this kind of rules right? simply incorporate a new company to buy the units from the developing subsidiary can already?
How come, they are allowed to hold on to unsold unit for so long. The recent guideline (just removed bt MBT), is that they are allowed to rent unsold unit for max of 4 years. Is it long, long time ago, they are allowed to hold unsold(maybe rent it out) unit and hence hold up the nation for ransom?
Ordinary
The Interlace has just started burning tonight.My friends just came back form the developer private preview tonight.
They are selling those with west sun and facing highway units.
The crowd are about 200+ they need to ballot to get a unit.
Pricing for 2 bedrm are selling above $1K.
Not sure if the waves of Silversea can overshadow the flame.
Senior
in case you forget to send to others
theres at least another 20-30 projects that havent received your message
Newbie
Burning as in very hot?
Senior
oh no, hopefully not another one like that double bay tanumy last time. spam all the threads promoting double bay.
F01 N54 Sheer Driving Pleasure
Who mentioned Silversea's wave earlier?
Newbie
The key word here is "Foreign Developer"
How come, they are allowed to hold on to unsold unit for so long. The recent guideline (just removed bt MBT), is that they are allowed to rent unsold unit for max of 4 years. Is it long, long time ago, they are allowed to hold unsold(maybe rent it out) unit and hence hold up the nation for ransom?
Junior
Not forgetting ICON
Posting Permissions
Reply With Quote