Useful HSR report that was also covered in the local press.
The actual report lists the 50 projects and their percentages sold at time of printing.
More info here -
http://londonproperty123.blogspot.sg...-property.html
Useful HSR report that was also covered in the local press.
The actual report lists the 50 projects and their percentages sold at time of printing.
More info here -
http://londonproperty123.blogspot.sg...-property.html
whatever happened to cluny park residence?
those commitments to buy?
anyway, something interesting
"Another trend that we foresee is that property developers will create new show units for projects that didn’t sell well. Furnishings may be different from those in the initial launch. Some of the savings from using a different type of material or product could be passed on to buyers via lower pricing."
the developer cross fingers and hope defects appear only after warranty period over?
Base on URA May 14 data indicate 52% unsold in CCR, RCR and OCR have better take up rate in term of %.
CCR - total of 6769 units, 3530 units unsold (52%).
TWIN PEAKS - 385
D'LEEDON - 268
LEEDON RESI - 251
CLERMONT RESI - 167
RV RESI - 166
RCR - 10816 units, 3395 units unsold (31%)
ALEX RESIDENCES - 240
THE VENUE RESI - 210
THE CREEK - 201
SKY VUE - 198
SKY HABITAT - 197
OCR - 19259 units, 6795 units unsold (35%)
THE PANORAMA - 642
THE TRILINQ - 637
THE GLADES - 547
THE SANTORINI - 500
LAKEVILLE - 486
Seems like many D15 small boutique condo developments are not selling very well. I think many of them will need to lelong soon.
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
There is no supply and demand imbalance in Singapore. In fact, supply is more than enough to meet demand, I think.
Demands are strong only if the price is right to offset all the CM.
Funny how when a condo gets tainted by the "unsold tag". Those with strong cash flow can use it as an opportunity and approach the developer with your price - you might be surprised at what they may be willing to do to move a unit. Have been hearing more success stories on this approach recently
Check out our compilation of projects that have seen less than stellar sales:
http://www.propersquare.com/articles...unch-watchlist
Cheers!