ciao chee bye !!Originally Posted by Joo Chiat OKT
ciao chee bye !!Originally Posted by Joo Chiat OKT
No you stupid fark. You are supposed to bang my girls, not the okt.Originally Posted by Fúck You
You are funny.... in the meanwhile, how is Dakota Residences doing? Very quiet... wonder how the agents are feelingOriginally Posted by Joo Chiat OKT
Project Name-DAKOTA RESIDENCES
Developer-Rivershore Pte Ltd
Property Type-Condominium
Tenure - 99 Yrs From 11/09/2007
Total Units - 348
Completion Date - Uncompleted
District - 14
from:
http://www.virtualhomes.sg/dakotaresidences
I kaypo and went to their show room last week, and the price still remain like 1000psf, and the remaining stacks (facing river) still not released pending next year....wondering how a 99 yrs old project can command so expensive.. and nearby project with freehold is half of its price.Originally Posted by moonk123
There's a sucker born every minute. I wouldn't be surprised if next year the "relaunch" price starts from $600psf
Not really - cos' they bot land at the high.Originally Posted by Geylang OKT
Ho Bee was the sucker as well. They just have to take the hit in the chin and pray hard hard and hope $$$ dun dry up.
$600 if they meet fin. difficulties....need to cut loss
according to some lawyer, big developers would not easily bring down their prices as they would like to protect their other developments. With the economy going to negative growth and property buyers shunning awaying from expensive condos, they have to hold these prices for a long time before they see red in their accounts..Just like the major banks bleeding with sub-prime properties in the states...
for condo like Dakota Residence, I would wait til it is less than 450psf as it is still 99 yrs and the economy is at worst in 20 yrs with high unemployment...The price should be at lowest when economy is at lowest.
If DR could drop to 450PSF then probably HDB might be FOC, haha!
Not possible, as HDB is cheng hu supported. The pte developers are another story altogetherOriginally Posted by tansp
How come DR thread has gone all quiet?
Any update?
This type of overpriced condo how to survive in a recession?
What do you think of those who have vested in DR and what could be the PSF on the next launch? Any idea what is the breakeven cost for this development, OKT?
thought DR already over 80% sold?
Owners of DR all underwater.... Just like Soliel at sinaran...Originally Posted by august
$500psfOriginally Posted by tansp
Yes, very possible, provided you bought the other 70%Originally Posted by august
What happened to this way overpriced devt? Died a natural death?
Sometimes, folks must realise that high selling prices are not because the location is good, or has excellent furnishing or quality finishes, but rather that the silly developer bought the land at a very high price
over 75% sold, guess developer in no rush to sell at discount or revalue...
DR is less than 50% sold.
Originally Posted by august
really? was told otherwise when i went to the showroom few months back..Originally Posted by AK47
unless many units returned?
Another one also die recently, Kovan residencesOriginally Posted by Geylang OKT
I just visited the showflat on Sat. Though many cars parked outside, we were surprise that we are the only family at the showflat.
The agent said its 75% sold & all the 3-bedders facing the canal (the agent said its river & the colour will turn nice blue in a couple of years time). One 3-bedder owner (I think on 7th floor) just returned his unit due to financial difficulty. He said the developer will not reduce the price at all..since they bought the land at high price.
Anyone wanna grab that only 3-bedder? $900psf for 99-year LH!!!
the rest of the cars parked outside belongs to the agents heheOriginally Posted by sumo22
even at $900psf for that area that's ridiculous - i thought so last year when i visited the showflat, and i still think so.Originally Posted by sumo22
- sports hub is on hold, and kallang waterside similarly on hold
- it's nestled in the midst of HDB heartlands
- next to a very smelly and dirty longkang, tributary is the industrial wastelands and canals of ubi and geylang
- structure and build quality is like a flat. i think even a DBSS beats this place
Smelly and dirty longkang means bad fengshuiOriginally Posted by gfoo
Plus..... no tennis court!
also not freeholdOriginally Posted by Geylang OKT
but beside mrt ...
Is that really true?
Originally Posted by AK47
Smelly longkang cheong ahhhh
some people like smelly longkang cost it reminds them of kampong times while living in an urban landscape (they feel they get the best of both worlds)Originally Posted by Geylang OKT