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Thread: Grand Duchess at St Patrick's (D15, Freehold, UIC)

  1. #1
    mr funny is offline Any complaints please PM me
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    Default Grand Duchess at St Patrick's (D15, Freehold, UIC)

    Nov 27, 2006
    Katong condo sells all 121 units within 36 hours
    By Fiona Chan

    IT WAS as hot as Katong laksa.

    Hundreds of potential buyers were turned away yesterday from a new Katong condominium that was sold out within 36 hours of its soft launch on Friday.

    Grand Duchess at St Patrick's was so popular that all 121 units were unexpectedly snapped up by Saturday night at its invitation-only soft launch.

    But hopeful buyers continued to turn up in droves yesterday, having received invitations for 'previews' that were to be staggered until Wednesday.

    The demand was 'stronger than expected' and Singaporean buyers formed 85 per cent of those who managed to snare units, said Mr Vito Koh, group general manager of developer United Industrial Corporation (UIC).

    'When we started taking orders on Friday, all hell broke loose. We had to turn away hundreds of people yesterday,' he added.

    However, the showflat in St Patrick's Road will be kept open for another two weeks, as planned.

    Advertisements scheduled this week to announce the condominium's public launch this coming weekend will also be run, but as 'thank-you advertisements' instead, said Mr Koh.

    The robust take-up for Grand Duchess occurred despite a price tag some 10per cent higher than those of neighbouring properties.

    The freehold condominium's price was raised twice over Friday and Saturday to $740 per sq ft (psf), or to about $1 million for a three-bedroom unit.

    This compares to $650 psf for nearby St Patrick's Loft and less than $700 psf for Poshgrove East down the road.

    However, just over 20 out of the 37 units at St Patrick's Loft have found takers over the last two months.

    At 76-unit Poshgrove East, only 57 units were sold within a month in August, before developer Tong Eng Group halted sales temporarily.

    Property consultants said that the surprisingly keen interest in Grand Duchess could stem from the unique colonial villas fronting the condominium. These villas were previously owned by the family of Straits Chinese tycoon Tan Kim Seng.

    One of the villas will be converted into a clubhouse with extensive facilities, such as a theatre lounge and spa treatment rooms.

    'It is very unusual for a condo to sell out like that so quickly,' said Mr Nicholas Mak, director of research and consultancy at Knight Frank.

    'It's definitely not typical of lower-end condos, although some selected projects that have been very well-publicised do move fast.'

    But Mr Ku Swee Yong, director of marketing and business development at Savills Singapore, said the strong sales may indicate growing demand for mid-tier homes, which have so far lagged behind luxury properties in the current market rebound.

    'There is interest at the mid-tier level for sure, and if they are reasonably priced and provide good value for money in terms of design and features, they will sell,' he said.

    [email protected]

  2. #2
    Unregistered Guest

    Smile Re: Grand Duchess at St Patrick's (D15, Freehold, UIC)

    Hope for the best expect the worst . What goes up must come down .

  3. #3
    Unregistered Guest

    Default Re: Grand Duchess at St Patrick's (D15, Freehold, UIC)

    Haha... its up, up and up; and will be still up maybe slower.

  4. #4
    Unregistered Guest

    Default Re: Grand Duchess at St Patrick's (D15, Freehold, UIC)

    yep up up and up

  5. #5
    Unregistered Guest

    Default Re: Grand Duchess at St Patrick's (D15, Freehold, UIC)

    Any units for sale pls post info or contact me, tks.

  6. #6
    Unregistered Guest

    Default Re: Grand Duchess at St Patrick's (D15, Freehold, UIC)

    Quote Originally Posted by Unregistered
    Any units for sale pls post info or contact me, tks.
    what crap ... how to contact you? you could be anyone ...

  7. #7
    Unregistered Guest

    Default Re: Grand Duchess at St Patrick's (D15, Freehold, UIC)

    Quote Originally Posted by Unregistered
    what crap ... how to contact you? you could be anyone ...
    If you want to sell, just post it here, then interested buyers may contact you!

  8. #8
    Grandlady Guest

    Smile

    Any idea what is the latest psf done for this Project ?
    appreciaye some advice ..
    Thxs

  9. #9
    Unregistered888888 Guest

    Default

    Quote Originally Posted by Grandlady
    Any idea what is the latest psf done for this Project ?
    appreciaye some advice ..
    Thxs
    no transaction this year

  10. #10
    Join Date
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    Default Last transaction for Grand Duchess....

    .....was in Dec 2007. Unit #05-0X 3218sqft__$870psf. Should be a penthouse.

  11. #11
    Grandlady Guest

    Smile Thxs

    Thxs to all for yr updates.. Will be on the lookout for a 3 bedder.

    Cheers !

  12. #12
    Unregistered99 Guest

    Default

    Quote Originally Posted by Grandlady
    Thxs to all for yr updates.. Will be on the lookout for a 3 bedder.

    Cheers !
    u mean ur buying? I am the owner with 2 units for sales
    how to contact u

  13. #13
    Bugs Guest

    Talking

    Quote Originally Posted by Grandlady
    Thxs to all for yr updates.. Will be on the lookout for a 3 bedder.

    Cheers !
    I have a 3 bedder for sale. Contact me. Thanks.

  14. #14
    Unregistered123 Guest

    Talking Wait for good buy soon

    So many seller now. Better wait...you will get $ 600+ psf soon man.

  15. #15
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    Default

    600 Psf? is it possible?

  16. #16
    Unregistered8 Guest

    Default

    Quote Originally Posted by buy
    600 Psf? is it possible?
    St Pat View was enbloced last yr at >$800 psf ppr

  17. #17
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    Default

    how the progress?

  18. #18
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    Default

    Quote Originally Posted by Grandlady
    Any idea what is the latest psf done for this Project ?
    appreciaye some advice ..
    Thxs
    Total price sqft price psf option date
    1,610,000 1,668 965 Aug-08

  19. #19
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    Default

    Quote Originally Posted by Unregistered99
    u mean ur buying? I am the owner with 2 units for sales
    how to contact u

    Call me, Joe 81712412. Have buyers with me. Call me, thanks

  20. #20
    Unregistered123 Guest

    Default

    End 2006 cheong up, this year cheong down

  21. #21
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    Default

    Quote Originally Posted by Joe6816
    Total price sqft price psf option date
    1,610,000 1,668 965 Aug-08

    Fire Sale, Grand Duchess. Asking 900psf only. Call for details

  22. #22
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    Default

    Fire Sales might not last very long...

    if this continue...

    this will cause a hike in Property prices

    SINGAPORE
    Singapore shares ended the morning session flat with the benchmark Straits Times Index (STI) up 1.14 points, or 0.04 per cent, at 2,560.21.
    Around 1 billion shares exchanged hands.
    Gainers beat losers 265 to 201.
    KUALA LUMPUR
    At 12.30pm today, there were 216 gainers, 246 losers and 184 counters traded unchanged on the Bursa Malaysia.
    The KLCI was at 1,028.24 up 2.54 points, the FBM2BRD was at 4,963.62 down 25.25 points, and the FBMEmas was at 6,824.83 up 25.61 points.
    Turnover was at 280.031 million shares valued at RM500.685 million (S$209 million)
    HONG KONG
    Hong Kong shares opened up 2.8 per cent on Monday, rallying on a Wall Street rebound last week after US authorities announced a massive federal bailout plan.
    The benchmark Hang Seng Index jumped 541.29 points to 19,869.02.
    SHANGHAI
    Chinese share prices soared 6.38 per cent by midday on Monday as China's securities regulator introduced further stimulus measures to boost the stock market, dealers said.
    The benchmark Shanghai Composite Index, which covers A and B shares, was up 132.39 points at 2,207.48.
    The Shanghai A-share index gained 139.07 points, or 6.38 per cent, to 2,318.18 and the Shenzhen A-share index jumped 17.81 points, or 2.85 per cent, to 643.14.
    TOKYO
    Japanese share prices rose 1.98 per cent in morning trade on Monday on hopes over a US bailout for the financial sector, although the market was down from early highs, dealers said.
    The Tokyo Stock Exchange's benchmark Nikkei-225 index rose 236.04 points to 12,156.90 by the end of the morning session.
    The broader Topix index of all first-section shares edged up 25.58 points or 2.23 per cent to 1,174.70. -- AFP, BERNAMA, REUTERS

  23. #23
    Join Date
    Aug 2008
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    Default

    Quote Originally Posted by buy
    Fire Sales might not last very long...

    if this continue...

    this will cause a hike in Property prices

    SINGAPORE
    Singapore shares ended the morning session flat with the benchmark Straits Times Index (STI) up 1.14 points, or 0.04 per cent, at 2,560.21.
    Around 1 billion shares exchanged hands.
    Gainers beat losers 265 to 201.
    KUALA LUMPUR
    At 12.30pm today, there were 216 gainers, 246 losers and 184 counters traded unchanged on the Bursa Malaysia.
    The KLCI was at 1,028.24 up 2.54 points, the FBM2BRD was at 4,963.62 down 25.25 points, and the FBMEmas was at 6,824.83 up 25.61 points.
    Turnover was at 280.031 million shares valued at RM500.685 million (S$209 million)
    HONG KONG
    Hong Kong shares opened up 2.8 per cent on Monday, rallying on a Wall Street rebound last week after US authorities announced a massive federal bailout plan.
    The benchmark Hang Seng Index jumped 541.29 points to 19,869.02.
    SHANGHAI
    Chinese share prices soared 6.38 per cent by midday on Monday as China's securities regulator introduced further stimulus measures to boost the stock market, dealers said.
    The benchmark Shanghai Composite Index, which covers A and B shares, was up 132.39 points at 2,207.48.
    The Shanghai A-share index gained 139.07 points, or 6.38 per cent, to 2,318.18 and the Shenzhen A-share index jumped 17.81 points, or 2.85 per cent, to 643.14.
    TOKYO
    Japanese share prices rose 1.98 per cent in morning trade on Monday on hopes over a US bailout for the financial sector, although the market was down from early highs, dealers said.
    The Tokyo Stock Exchange's benchmark Nikkei-225 index rose 236.04 points to 12,156.90 by the end of the morning session.
    The broader Topix index of all first-section shares edged up 25.58 points or 2.23 per cent to 1,174.70. -- AFP, BERNAMA, REUTERS

    AGREE.........

  24. #24
    registered Guest

    Default

    Quote Originally Posted by Joe6816
    Fire Sale, Grand Duchess. Asking 900psf only. Call for details
    pls learn to define the correct terms - 900psf is not fire sale.

    developer sold at 700-750psf - if its below that then call it fire sale.

    900psf is normal

  25. #25
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    Default

    Quote Originally Posted by registered
    pls learn to define the correct terms - 900psf is not fire sale.

    developer sold at 700-750psf - if its below that then call it fire sale.

    900psf is normal

    700 -750 IS HISTORY. Everytime you hear someone said. How I wish I had bought this place at $xxx, so cheap. Now this place worth $XXXX. Wasted.

  26. #26
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    Default

    Quote Originally Posted by registered
    pls learn to define the correct terms - 900psf is not fire sale.

    developer sold at 700-750psf - if its below that then call it fire sale.

    900psf is normal
    Definition of Sale:

    900 psf = Huge Profitable Sale
    800 psf = Profitable Sale
    700 psf = Developer Sale
    600 psf = Lelong Sale
    500 psf = Fire Sale
    400 psf = No Sale

  27. #27
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    Default

    Quote Originally Posted by BENTLY
    Definition of Sale:

    900 psf = Huge Profitable Sale
    800 psf = Profitable Sale
    700 psf = Developer Sale
    600 psf = Lelong Sale
    500 psf = Fire Sale
    400 psf = No Sale

    Crack me up!

    I'll use this definition in future for fire sale!

  28. #28
    U need a crackpipe Guest

    Default

    u need a crackpipe to call that firesale. Dumbass agents who knw nothing will call every property they are marketing a firesale.
    Quote Originally Posted by Joe6816
    Fire Sale, Grand Duchess. Asking 900psf only. Call for details

  29. #29
    recession Guest

    Default

    Quote Originally Posted by registered
    pls learn to define the correct terms - 900psf is not fire sale.

    developer sold at 700-750psf - if its below that then call it fire sale.

    900psf is normal
    This owner will be asking 700 psf now, also no buyer. Look at Todays stock price then talk lah, you stupid idiot. Rich man all peeing on their pants. Better sell what you have still thinking of buying or holding your property?

  30. #30
    Unregistered123456 Guest

    Default

    Quote Originally Posted by recession
    This owner will be asking 700 psf now, also no buyer. Look at Todays stock price then talk lah, you stupid idiot. Rich man all peeing on their pants. Better sell what you have still thinking of buying or holding your property?
    Conversely, with the stock mkt down recently, the next best substitute is to invest in property.

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