beggars cannot be choosers. if you only have $10, you can only look around for $10 items.Originally Posted by Unregistered123
beggars cannot be choosers. if you only have $10, you can only look around for $10 items.
people still made money from selling 99LH either as en bloc or subsales...ask those selling Kovan Melody and The Quartz how much they make...so not all 99LH are lousy
That works out to only $1,212 per month, and its way below rental for a semi-d. And it's inflation-proof. But there will be property tax and other amount to maintain the place but no land-lord and tenant worry or a sudden hike in rental and got to mov again. It is a buy for those looking for alternative rental for a long time but can't afford to pay so much for a semi-d but don't wish to live in a shoe-box.
someone from TQ thread was asking about prices for 4 bdrm unit. I thot I would share the info here.
All 4 bedrms less ground floor and PH are 1539 sq ft. My agent said 5 floors and below still can get at 991K and above. the stack 15 which is 4 - bdrm and was the first batch launched during preview has been sold out.
anyone bought over the weekend?
hehe...i think you are looking at it too superficially. Unless one has 800K to dump without requiring any loan. try factoring in the bank interest for say 20 or even 30 years and see what you will get.
Then again, supposedly the person in question is rich and has 800k in cash to spare, do you think he/she will get a semi-d with 55 years left? I wouldn't, for one. just doesn't make sense to me......
This is a good example of the problems faced by old 99 yrs LH developments...
Believe location still one of the main selling factor even if is LH.
How's the sales? The crowd was definitely there....
how much commmision must i pay if i bought a unit through you .....
[QUOTE=kl]how much commmision must i pay if i bought a unit through you .....richard
Newbie
buyer no need to pay commission.. now already publicly advertise, u can even walk in showrm anytime...
Any complaints please PM me
http://www.businesstimes.com.sg/sub/...87712,00.html?
Published July 15, 2008
Condo sales at showflats tapering off
One developer blames Livia's pricing for 'spoiling' other projects' sales
By KALPANA RASHIWALA
WHILE City Developments managed to sell 96 units last week at its Livia condo at Pasir Ris, developers of most other projects suffered rapidly declining sales at their showflats.
Woodsville 28: When Frasers Centrepoint previews its project this weekend, the stakes for nearby Kovan Residences are expected to go up
At least one developer blamed Livia's attractive pricing - $650 psf on average - for 'spoiling' sales of other projects, while others said a tapering off was to be expected given negative news flows from overseas on the state of the financial and stock markets.
Developers and property agents generally reported still strong turnouts at showflats last weekend, although take-up slowed.
Sim Lian sold 19 units last week at its Clover By The Park condo in Bishan, less than the 59-unit sales it achieved in the preceding week. To date, Sim Lian has sold 273 of the total 616 units in the project. 'That's almost 45 per cent of a large project in just three weeks; that's quite an achievement given current market sentiment,' Sim Lian Group executive director Diana Kuik said when approached by BT.
The 99-year leasehold project's average price remains at $750 psf.
Sim Lian also sold a unit at The Amery, a freehold project in the Telok Kurau area, last week - again a less sparkling performance than the four units it sold a week earlier.
Next to Geylang River, NTUC Choice Homes and Ho Bee found buyers for another nine units at Dakota Residences last weekend. This brings total sales to 170 units in the 99-year project, which has an average price of about $980 psf.
Over in the Kovan MRT Station vicinity, the developer of Kovan Residences sold about 20 units last week, bringing total sales to over 100 units since the 99-year project was previewed at a private party on June 28. The average price is somewhere in the $870-900 psf range. Nearby, MCL Land sold another three units at its D-Pavilion, a freehold project priced at $900 psf on average last week. This was a slower sales rate than initial sales of 10 units the preceding weekend.
The stakes will go up for these two developers when Frasers Centrepoint previews this weekend its Woodsville 28 near Potong Pasir MRT Station - which is three MRT stops closer to town than Kovan MRT Station.
The 110-unit condo will have an average price of $880 psf. The 99-year leasehold development comprises two 17-storey blocks.
'The two- and three-bedder units, with respective average sizes of 883 sq ft and 1,195 sq ft, are about 5 to 6 per cent smaller than conventional units as we've adjusted our sizes to fit the profile of the market we're targeting - those just starting their families or young couples who want to stay near the city and even retirees.
'Two-bedroom apartments start at $700,000 and three-bedders from just over $1 million,' says Frasers Centrepoint Homes chief operating officer Cheang Kok Kheong.
CDL's spokeswoman said Livia saw strong take-up of various unit types last week, especially two- and three-bedders. 'The four-bedroom apartments were purchased either for owner occupation or rental potential in view of United World College's East Campus coming up in the vicinity.
'The project's average price remains $650 psf, with prices for certain unit types and facing being upped by 1-3 per cent for the latest release of 120 units last weekend,' she added.
The 96 units sold at Livia last week contrasted with sales of 160 units in the preceding week when CDL previewed the 99-year leasehold project, resulting in total sales of 256 units. So far, 320 of the condo's total 724 units have been released.
A veteran property consultant said: 'Crowds were generally still very good at showflats last weekend, though take-up has slowed. In any development, demand for 30-40 per cent of units comes from the surrounding population catchment. Usually that's the case, good or bad times.
'Once sales in a project launch hits a certain percentage from this catchment demand, developers have to attract people from other parts of Singapore. That's a tougher job, with a lot more convincing to be done compared with selling to people who already know the area.'
Another problem is that buyers are unsure of the property market's direction. 'Even when there are attractively priced projects, potential buyers worry if property prices will go down further. They also ask themselves whether they really need to upgrade; they worry about the economy and their jobs. The bad news coming out from financial institutions in the US is a big concern,' a property agent said.
On a more positive note, Sim Lian's Ms Kuik said: 'If you have a good product in a location where there's a pool of buyers and if your pricing is reasonable, there will be take-up.'
On the comment that the United World College (UWC) is in the vincity of Livia is taken the distance too close which is not right. UWC will be in Tampines st 72 which next the Pinesvale Condo (a HDB EC). Given the choice, the students (or their family) would prefer renting from The Tropica which just a stone throw to Bedok Reservoir. Breezy and unblock.http://www.businesstimes.com.sg/sub/...87712,00.html?
Published July 15, 2008
Condo sales at showflats tapering off
One developer blames Livia's pricing for 'spoiling' other projects' sales
By KALPANA RASHIWALA
WHILE City Developments managed to sell 96 units last week at its Livia condo at Pasir Ris, developers of most other projects suffered rapidly declining sales at their showflats.
Woodsville 28: When Frasers Centrepoint previews its project this weekend, the stakes for nearby Kovan Residences are expected to go up
At least one developer blamed Livia's attractive pricing - $650 psf on average - for 'spoiling' sales of other projects, while others said a tapering off was to be expected given negative news flows from overseas on the state of the financial and stock markets.
Developers and property agents generally reported still strong turnouts at showflats last weekend, although take-up slowed.
Sim Lian sold 19 units last week at its Clover By The Park condo in Bishan, less than the 59-unit sales it achieved in the preceding week. To date, Sim Lian has sold 273 of the total 616 units in the project. 'That's almost 45 per cent of a large project in just three weeks; that's quite an achievement given current market sentiment,' Sim Lian Group executive director Diana Kuik said when approached by BT.
The 99-year leasehold project's average price remains at $750 psf.
Sim Lian also sold a unit at The Amery, a freehold project in the Telok Kurau area, last week - again a less sparkling performance than the four units it sold a week earlier.
Next to Geylang River, NTUC Choice Homes and Ho Bee found buyers for another nine units at Dakota Residences last weekend. This brings total sales to 170 units in the 99-year project, which has an average price of about $980 psf.
Over in the Kovan MRT Station vicinity, the developer of Kovan Residences sold about 20 units last week, bringing total sales to over 100 units since the 99-year project was previewed at a private party on June 28. The average price is somewhere in the $870-900 psf range. Nearby, MCL Land sold another three units at its D-Pavilion, a freehold project priced at $900 psf on average last week. This was a slower sales rate than initial sales of 10 units the preceding weekend.
The stakes will go up for these two developers when Frasers Centrepoint previews this weekend its Woodsville 28 near Potong Pasir MRT Station - which is three MRT stops closer to town than Kovan MRT Station.
The 110-unit condo will have an average price of $880 psf. The 99-year leasehold development comprises two 17-storey blocks.
'The two- and three-bedder units, with respective average sizes of 883 sq ft and 1,195 sq ft, are about 5 to 6 per cent smaller than conventional units as we've adjusted our sizes to fit the profile of the market we're targeting - those just starting their families or young couples who want to stay near the city and even retirees.
'Two-bedroom apartments start at $700,000 and three-bedders from just over $1 million,' says Frasers Centrepoint Homes chief operating officer Cheang Kok Kheong.
CDL's spokeswoman said Livia saw strong take-up of various unit types last week, especially two- and three-bedders. 'The four-bedroom apartments were purchased either for owner occupation or rental potential in view of United World College's East Campus coming up in the vicinity.
'The project's average price remains $650 psf, with prices for certain unit types and facing being upped by 1-3 per cent for the latest release of 120 units last weekend,' she added.
The 96 units sold at Livia last week contrasted with sales of 160 units in the preceding week when CDL previewed the 99-year leasehold project, resulting in total sales of 256 units. So far, 320 of the condo's total 724 units have been released.
A veteran property consultant said: 'Crowds were generally still very good at showflats last weekend, though take-up has slowed. In any development, demand for 30-40 per cent of units comes from the surrounding population catchment. Usually that's the case, good or bad times.
'Once sales in a project launch hits a certain percentage from this catchment demand, developers have to attract people from other parts of Singapore. That's a tougher job, with a lot more convincing to be done compared with selling to people who already know the area.'
Another problem is that buyers are unsure of the property market's direction. 'Even when there are attractively priced projects, potential buyers worry if property prices will go down further. They also ask themselves whether they really need to upgrade; they worry about the economy and their jobs. The bad news coming out from financial institutions in the US is a big concern,' a property agent said.
On a more positive note, Sim Lian's Ms Kuik said: 'If you have a good product in a location where there's a pool of buyers and if your pricing is reasonable, there will be take-up.'
Yeah, The Tropica is walking distance to UWC.
U r talking abt CDL. U think they are like small developers who has no money to hold / finance and will reduce the price if gather not enuf buyers? U can wait long long for the price to come down. I can bet u for tat. ;-)
I can imagine you have to wait 15 mins to get through the heavy traffic jams to get in and out of St Micheal's Rd. And within a good 1km, u can hardly find nice food and grocery stores ard.
500K u so worried about OTHER people for what? FYI, A LOT OF PEOPLE IN SPORE got easily that money so they can afford it. If u can't afford it, go cry somewhere else. No need to be a sneaky git and 'pretend' pretend to be soo noble.
those semi-D original price 100K only u know. so who's laughing now. dumm dumm.
hehe yourself. u r also looking at it too superficially. u r looking at it from the viewpoint of a greedy person but got no money. go earn money first, litter boy. don't talk so much in this forum. u should be working!!!
halo! don't look down at poor ppl, ok? heard that a lot of ppl went to that area during the weekend, site visit on every semi-D, as they can't get the actual address yet from agent... they are so excited for the price, 800K only for a semi-D leh, who care 55 years later... they talk loud loud, see house one by house. such a good family outing! i guess the owner must be happy + angry...
i called up an agent few weeks ago after i found a leaflet at my car ....then the agent keep calling me back asking if i wanna buy and persuading me to buy ...thats why i wonder if their commsion so good till the try all their luck to push for sales .....
Banned
Hi KL
Actually, the agents are not earning much from developer as the price for Livia is already very attractive. You can read about this article from BT. One developer also blamed CDL for spoiling the market. But the fact is Livia is different from other launches as mentioned earlier. Livia in fact benefitted buyers.
www.businesstimes.com.sg/sub/suite/story/0,4574,287712,00.html?
Business Times - 15 Jul 2008
Condo sales at showflats tapering off
One developer blames Livia's pricing for 'spoiling' other projects' sales
By KALPANA RASHIWALA WHILE City Developments managed to sell 96 units last week at its Livia condo at Pasir Ris, developers of most other projects suffered rapidly declining sales at their showflats.
At least one developer blamed Livia's attractive pricing - $650 psf on average - for 'spoiling' sales of other projects, while others said a tapering off was to be expected given negative news flows from overseas on the state of the financial and stock markets.
Developers and property agents generally reported still strong turnouts at showflats last weekend, although take-up slowed.
Sim Lian sold 19 units last week at its Clover By The Park condo in Bishan, less than the 59-unit sales it achieved in the preceding week. To date, Sim Lian has sold 273 of the total 616 units in the project. 'That's almost 45 per cent of a large project in just three weeks; that's quite an achievement given current market sentiment,' Sim Lian Group executive director Diana Kuik said when approached by BT.
The 99-year leasehold project's average price remains at $750 psf.
Sim Lian also sold a unit at The Amery, a freehold project in the Telok Kurau area, last week - again a less sparkling performance than the four units it sold a week earlier.
Next to Geylang River, NTUC Choice Homes and Ho Bee found buyers for another nine units at Dakota Residences last weekend. This brings total sales to 170 units in the 99-year project, which has an average price of about $980 psf.
Over in the Kovan MRT Station vicinity, the developer of Kovan Residences sold about 20 units last week, bringing total sales to over 100 units since the 99-year project was previewed at a private party on June 28. The average price is somewhere in the $870-900 psf range. Nearby, MCL Land sold another three units at its D-Pavilion, a freehold project priced at $900 psf on average last week. This was a slower sales rate than initial sales of 10 units the preceding weekend.
The stakes will go up for these two developers when Frasers Centrepoint previews this weekend its Woodsville 28 near Potong Pasir MRT Station - which is three MRT stops closer to town than Kovan MRT Station.
The 110-unit condo will have an average price of $880 psf. The 99-year leasehold development comprises two 17-storey blocks.
'The two- and three-bedder units, with respective average sizes of 883 sq ft and 1,195 sq ft, are about 5 to 6 per cent smaller than conventional units as we've adjusted our sizes to fit the profile of the market we're targeting - those just starting their families or young couples who want to stay near the city and even retirees.
'Two-bedroom apartments start at $700,000 and three-bedders from just over $1 million,' says Frasers Centrepoint Homes chief operating officer Cheang Kok Kheong.
CDL's spokeswoman said Livia saw strong take-up of various unit types last week, especially two- and three-bedders. 'The four-bedroom apartments were purchased either for owner occupation or rental potential in view of United World College's East Campus coming up in the vicinity.
'The project's average price remains $650 psf, with prices for certain unit types and facing being upped by 1-3 per cent for the latest release of 120 units last weekend,' she added.
The 96 units sold at Livia last week contrasted with sales of 160 units in the preceding week when CDL previewed the 99-year leasehold project, resulting in total sales of 256 units. So far, 320 of the condo's total 724 units have been released.
A veteran property consultant said: 'Crowds were generally still very good at showflats last weekend, though take-up has slowed. In any development, demand for 30-40 per cent of units comes from the surrounding population catchment. Usually that's the case, good or bad times.
'Once sales in a project launch hits a certain percentage from this catchment demand, developers have to attract people from other parts of Singapore. That's a tougher job, with a lot more convincing to be done compared with selling to people who already know the area.'
Another problem is that buyers are unsure of the property market's direction. 'Even when there are attractively priced projects, potential buyers worry if property prices will go down further. They also ask themselves whether they really need to upgrade; they worry about the economy and their jobs. The bad news coming out from financial institutions in the US is a big concern,' a property agent said.
On a more positive note, Sim Lian's Ms Kuik said: 'If you have a good product in a location where there's a pool of buyers and if your pricing is reasonable, there will be take-up.'
Newbie
Well, they're just providing u the service mah.. If they didnt call u, then u will also complaint they don bother la, lousy service la....
Newbie
How is the sales after the official launch? Any increased in price say a 3BR unit?
Banned
[quote=kl]Hi KL
It's not necessary.
Banned
Hi Propertyinvestor
Prices only increased for new unit release.
Last edited by richardsng_era; 19-07-08 at 00:03. Reason: New Pasir Ris Condo @ Along Pasir Ris Drive 1 (+65-92993342)
how many units of 3 and 4 brdrms are still at preview prices please?
me .bot a 3BR .
Newbie
Hi, congrats on your buy...please join us in the other thread for Livia owners
how much is the 3 br u bought??? whats the livia website ?
Posting Permissions
Reply With Quote