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Thread: Reflections at Keppel Bay (D4, 99 Years, Keppel Land)

  1. #151
    Citibank Guest

    Default Singapore Residential Property Prices To Rise 30% By 2008: Citigroup

    Quote Originally Posted by Citibank
    Citibank: Property Prices Will Rise By 30%
    Daryl Loo
    Channel NewsAsia
    23 April 2007 2042 hrs

    Home prices in Singapore are expected to rise much more than those in Hong Kong, over the next two years, according to Citigroup.

    Speaking at an Asia Pacific property conference in Singapore on Monday, Citigroup analysts say they see Singapore residential prices jumping by as much as 30% by 2008 compared to just 10% for Hong Kong.

    Price tags for private homes in Singapore will be on the rise for at least the next two years, according to Citigroup.

    It sees Singapore as being in the early stages of a cyclical upswing.

    This is in contrast to Hong Kong, where the cycle is on the downtrend - and expected to end by 2009.

    They say that Singapore prices are being driven by high occupancy rates, which have hit a record peak of 95.7%, and set to even climb higher over the next two years.

    Wendy Koh, Director, Asia Pacific Equity Research, Citigroup, said: "If you look at the residential sector, occupancy rate right now is about 93.9 percent as at the end of 2006. If we take into account the completion this year which is only about 5,000 units, and last year's demand was about 9,000, and on annual basis the last 10-year average was about 8,000, occupancy rates should continue to rise.

    "And if you take into account the 3,500 units that were sold en bloc last year, occupancy rate is actually closer to 95.5% last year. That is a record high as we have not seen that sort of levels before."

    Citigroup expects occupancy to rise further to 96.8 percent this year, and 97.1 percent in 2008, as the level of demand far outstrips supply.

    Over in the office sector, it is predicting rentals to rise 56% to $18.50 psf by the end of 2008, up from $11.80 currently.

    And despite the recent run-up in property counters, Citigroup sees further upside in some choice picks.

    Ms Koh said: "We like City Developments, Wing Tai, Allgreen. We also like Keppel Land for office play. For the first three stocks, it's more the residential exposure. If you look at City Dev and Wing Tai, they have been replenishing their land bank, and riding the upswing in the residential market."

    Private home prices in Singapore rose 10.2% last year, and an estimated 4.6% in the first quarter of this year.

    Wah! 30%!!
    No joke man!!!

  2. #152
    Registered Guest

    Default Re: Singapore Residential Property Prices To Rise 30% By 2008: Citigroup

    Quote Originally Posted by Citibank
    Wah! 30%!!
    No joke man!!!

    Wah liao!
    The gahmen hint not obvious ah!
    Need Citibank to draw the picture meh?

  3. #153
    dangerous hype Guest

    Post Re: Singapore Residential Property Prices To Rise 30% By 2008: Citigroup

    Quote Originally Posted by Registered
    Wah liao!
    The gahmen hint not obvious ah!
    Need Citibank to draw the picture meh?
    During the property height last time, the media, banks and analysts were saying that HDB flats can go up to 1 million. What happened then?
    What are the most expensive HDB flat worth now? About high-end of $300K?
    They hyped up prices of hillview area until prices crossed $1mill for a typical 3bedroom. How much is it worth now? About $600+K?
    The last few property booms had
    1). Many affluent singaporeans joining in the fray. During those days, GOV jobs were still iron rice bowls, private sector jobs were easy to find with high pay packages.
    2). No deferred payment.
    3). No mass usage of internet and majority of the buyers are not well informed.
    This new "property boom" has
    1). Much less affluent Singaporeans joining in the fray. Jobs are simply unstable now. No such thing as iron rice bowl or forever getting good pay packages. About 40% of the buyers of new releases in prime areas are foreign players.
    2). Deferred payment to fuel speculation, creating a gambling culture in Singapore, as one person said "the casino are not open yet, but the gambling has started".
    3). This is the internet age, people can now check URA caveats with a touch of the keyboard and check the latest projects and what-so-ever.
    If this bubble can still grow 30% bigger, i am afraid that the bubble will burst very soon. When Hongkong clears the air pollution, when Thailand stabalises.
    There will be a clear sign whether our prices can still hold anymore, because that is when the foreigners will leave for better pastures.

  4. #154
    Unregistered Guest

    Default Re: Singapore Residential Property Prices To Rise 30% By 2008: Citigroup

    Quote Originally Posted by dangerous hype
    During the property height last time, the media, banks and analysts were saying that HDB flats can go up to 1 million. What happened then?
    What are the most expensive HDB flat worth now? About high-end of $300K?
    They hyped up prices of hillview area until prices crossed $1mill for a typical 3bedroom. How much is it worth now? About $600+K?
    The last few property booms had
    1). Many affluent singaporeans joining in the fray. During those days, GOV jobs were still iron rice bowls, private sector jobs were easy to find with high pay packages.
    2). No deferred payment.
    3). No mass usage of internet and majority of the buyers are not well informed.
    This new "property boom" has
    1). Much less affluent Singaporeans joining in the fray. Jobs are simply unstable now. No such thing as iron rice bowl or forever getting good pay packages. About 40% of the buyers of new releases in prime areas are foreign players.
    2). Deferred payment to fuel speculation, creating a gambling culture in Singapore, as one person said "the casino are not open yet, but the gambling has started".
    3). This is the internet age, people can now check URA caveats with a touch of the keyboard and check the latest projects and what-so-ever.
    If this bubble can still grow 30% bigger, i am afraid that the bubble will burst very soon. When Hongkong clears the air pollution, when Thailand stabalises.
    There will be a clear sign whether our prices can still hold anymore, because that is when the foreigners will leave for better pastures.
    If the hype, where got "bubble"?
    As to infomation flow and transparency, Singapore is still operating like a "third world " country. The information at the URA website is a couple months old at least. There is no way to monitor of in-flow and out-flow of foreign funds for property investment. As such, it is rather risky as you will not know who is still in and who is already cash-out and you may leave holding the baby and going into the free fall last last boom

  5. #155
    Unregistered Guest

    Default Re: Singapore Residential Property Prices To Rise 30% By 2008: Citigroup

    Quote Originally Posted by Unregistered
    The information at the URA website is a couple months old at least.
    That is because completion of sale is at least 10 to 12 weeks after option is exercised, which can be 2 or 3 weeks after option is purchased.

    Which gives us a 12 to 15 week lag for transaction caveats to be lodged.

  6. #156
    ERA man Guest

    Talking Re: Singapore Residential Property Prices To Rise 30% By 2008: Citigroup

    Quote Originally Posted by Unregistered
    That is because completion of sale is at least 10 to 12 weeks after option is exercised, which can be 2 or 3 weeks after option is purchased.

    Which gives us a 12 to 15 week lag for transaction caveats to be lodged.
    Talking rubbish, i was monitoring my clients' sale and purchase. He sold on 1st feb, the caveat got lodge from the new owner as of 2 week from the option to purchase. The URA caveats reflected 3 weeks from the sale. When he in turn bought a developer's unit, his lawyer lodge the caveat for him bought early march, caveat was shown end of march. 3 weeks is the max.time frame. check the caveats, right now, there are april caveats, so how can the caveats show april now if you say there is such a long delay?

  7. #157
    Unregistered Guest

    Question Re: Singapore Residential Property Prices To Rise 30% By 2008: Citigroup

    Quote Originally Posted by ERA man
    Talking rubbish, i was monitoring my clients' sale and purchase. He sold on 1st feb, the caveat got lodge from the new owner as of 2 week from the option to purchase. The URA caveats reflected 3 weeks from the sale. When he in turn bought a developer's unit, his lawyer lodge the caveat for him bought early march, caveat was shown end of march. 3 weeks is the max.time frame. check the caveats, right now, there are april caveats, so how can the caveats show april now if you say there is such a long delay?
    Then how come many transactions in march and april still haven't show up?

  8. #158
    Registered Guest

    Default Re: Reflections at Keppel Bay (D4, 99 Years, Keppel Land)

    Quote Originally Posted by Registered
    I heard that Keppel Land has sold the better units in Tower 2A/2B in Indonesia. If that is the case, the next launch will not be so soon, probably in about a month's time. We can guess the kind of price level it will be by then.

    Sale is slow now because they have reserved the better units for later launches.

    Keppel Land did the wise move in following other developers to launch their project overseas. There are so many friendly foreigners who are eagerly waiting to buy a piece of Singapore property. Why spend $8M on a showroom and so much time to explain Reflection values when there are so much ready demand?

    Another reason is that Keppel Land is taking its time to sell in anticipation of further price hike. As long as it can recover its entire project cost through 40% sale, it does not need sell cheap knowing prices will rise by 30% by 2008.

  9. #159
    Bypasser Guest

    Default Re: Singapore Residential Property Prices To Rise 30% By 2008: Citigroup

    Quote Originally Posted by Registered
    Wah liao!
    The gahmen hint not obvious ah!
    Need Citibank to draw the picture meh?
    Hello!
    We need clear instruction like "Please buy now. We are in the process of enhancing your assets."
    Reports from UBS, Citigroup, etc. are too technical. Layman don't understand.

  10. #160
    Join Date
    Apr 2007
    Posts
    152

    Wink Re: Reflections at Keppel Bay (D4, 99 Years, Keppel Land)

    Quote Originally Posted by Registered
    Another reason is that Keppel Land is taking its time to sell in anticipation of further price hike. As long as it can recover its entire project cost through 40% sale, it does not need sell cheap knowing prices will rise by 30% by 2008.
    Wow, if what you are saying is true, then i will wait for the left over units then. After all anything after 40% sales is expendable to them. What makes you think they can sell the left over higher? My agent over there keeps on calling my handphone to buy the same unit which i saw 1 week plus already. 1 week plus mind you, and the unit is still there asking me to buy at less than $1,500 psf, still the same price as of launch.
    I will buy into investments that will make me money, if the Profit margin VS Risk is
    Low VS High, my sifus'(Masters) tell me to lay off. Fippers of reflections will be in for a rude shock. There is no way they can flip at this prices.
    Last edited by hayata1972; 24-04-07 at 12:44.

  11. #161
    Curious Guest

    Default Re: Singapore Residential Property Prices To Rise 30% By 2008: Citigroup

    Quote Originally Posted by Citibank
    Wah! 30%!!
    No joke man!!!

    Unbelievable!
    Who would have thought that we would have this kind of growth a year ago?
    Simply amazing!

  12. #162
    Snapper Guest

    Default Re: Reflections at Keppel Bay (D4, 99 Years, Keppel Land)

    Quote Originally Posted by mr funny
    Published April 25, 2007
    Profitable ways to ride out the year

    We seem to still be at mid-cycle in our current bull market, so you'll lose out if you sit on the sidelines. Just jump in cautiously

    By LIM SAY BOON

    Much water has flowed under the bridge since my last column in Executive Money but not many of the fundamentals have changed.

    I was an equities bull last July when the emerging markets meltdown looked to some like the end of the bull market. Around Christmas and again early this year, I turned a cautious equities bull, speaking of higher prices but warning of turbulence along the way - around the issues of the US economic slowdown and the downturn in the housing sector; the American equities market's need for an interest rate cut 'fix'; periodic spikes in volatility and resultant stock sell-offs; jitters surrounding the yen carry trade; and equities looking just plain overbought.

    ...........

    And if you don't think you can tolerate the volatility of an outright long position on equities given the near-term volatility possibility, you can consider structured products that give you partial participation on the upside while protecting against some of the downside. There are also products that pay you relatively high yields on the basis of relative outperformance rather than outright market upside.

    And there are also funds that offer long-short strategies to hedge against short-term equities downside or even funds that offer low correlation, multi-asset exposures, focusing on absolute returns.

    Stop dreaming and start buying now before it is too late!

  13. #163
    Adviser Guest

    Default Re: Reflections at Keppel Bay (D4, 99 Years, Keppel Land)

    Quote Originally Posted by mr funny
    Published April 25, 2007
    Home prices seen rising further this year

    Building, financial services sectors to benefit as well

    By UMA SHANKARI

    The Monetary Authority of Singapore (MAS) yesterday said home prices are expected to continue to grow this year - after climbing 4.6% in the first quarter, the highest growth seen in 7 years.

    The gain, which has so far been greatest for the luxury market, could also filter down to other mid to high-end segments which could benefit from the steady stream of buyers who have sold their houses in en bloc sales, Singapore's central bank said in its latest Macroeconomic Review.

    MAS expects the property upturn to spill over to the construction and financial services sectors.

    'Contracts awarded have trended up steadily from 2003 to reach $16.1 billion last year, a level not seen since 2000. This is expected to translate into higher certified payments and value added for the sector in the near term,' says MAS. 'Indeed, the recovery of the construction sector continued in early 2007, underpinned by ongoing work in the residential segment.'

    A number of ongoing major projects including the Marina Bay Financial and Business Centre, the integrated resorts and the downtown MRT extension, are also expected to further fuel the recovery in the construction sector.

    The recent spike in raw material costs caused by disruptions to the supply of sand has not resulted in delays in building projects, MAS says. But the bank warns that in the future, new developments could be slowed or delayed if sand and concrete become more difficult to obtain.

    The large number of upcoming new commercial developments should also see more credit being extended to the building and construction industry, MAS says. This is expected to benefit the financial services sector.

    And on the consumer loans front, while mortgage loan growth has remained tepid in recent quarters, some upside could be seen in the months ahead as the residential property uptick at the luxury end begins to spread to the broader market.

    MAS also says that the recent upswing in property prices will have only a small impact on inflation this year. This is mainly because substantial price increases in the near term should be largely confined to the upper and middle segments of the private residential market, MAS predicts.

    'On balance, the impact of rising property prices on consumer price index (CPI) inflation is likely to be modest, with the direct impact contributing only 0.1% point in 2007, compared with the average of negative 0.2% points over the past three years,' says MAS.

    UBS says buy.
    Citigroup says buy.
    Now MAS also says buy.
    Let's go make some money! Hurray!

  14. #164
    X-Ray Guest

    Default Re: Singapore Residential Property Prices To Rise 30% By 2008: Citigroup

    Quote Originally Posted by Bypasser
    Hello!
    We need clear instruction like "Please buy now. We are in the process of enhancing your assets."
    Reports from UBS, Citigroup, etc. are too technical. Layman don't understand.

    Layman don't understand?
    OK, how about MAS report?
    Still not clear?
    How about MM .......

    Clear now?

  15. #165
    路透社的市区新办事处开幕 Guest

    Default "我根本无法想象有谁会支付那样高的价格去买间房子。"

    Quote Originally Posted by hayata1972
    Wow, if what you are saying is true, then i will wait for the left over units then. After all anything after 40% sales is expendable to them. What makes you think they can sell the left over higher? My agent over there keeps on calling my handphone to buy the same unit which i saw 1 week plus already. 1 week plus mind you, and the unit is still there asking me to buy at less than $1,500 psf, still the same price as of launch.
    I will buy into investments that will make me money, if the Profit margin VS Risk is
    Low VS High, my sifus'(Masters) tell me to lay off. Fippers of reflections will be in for a rude shock. There is no way they can flip at this prices.

    XXXX李XX:

    .......... 本地最新一波房地产价格上涨的原因和过去有所不同,从前都是由区域投资者带动这次进场的却有很多国际投资者,甚至包括来自欧洲西南部国家摩纳哥的投资者。

    “我认为这是一种赞扬。因为如果你是住在摩纳哥,还把钱存放在这里,证明你对新加坡会和摩纳哥一样历久不衰有信心。”

    ....................

    .......... 至于租金上涨的问题,李资政虽表示不认为租金会下调,但新加坡是透过不断推出新住宅和办公楼,使房地产价格的上涨幅度受到控制。

    他指出,这一波热潮主要是因为投资者和分析师都对新加坡看好

    他笑着说:“你看圣淘沙濒水的高档住宅区升涛湾,几乎都被抢购一空。我根本无法想象有谁会支付那样高的价格去买间房子。

    据市区重建局本月初发表的初步数据显示,滨海湾、圣淘沙、乌节路等核心中央区的私人豪华公寓销售热潮,带动了今年第一季度的私人住宅价格指数攀升4.6%,达136.2点。 这是本地私人房地产价格连续第12个季度 上扬,此涨幅也是近七年来最大的季度涨幅

    如果我国接下来的经济势头保持良好,而投资者也持续保持乐观情绪,房地产顾问预料本地私人住宅价格今年全年的涨幅可高达20%,比去年的10.2%涨幅高出近一倍。

  16. #166
    mr funny is offline Any complaints please PM me
    Join Date
    May 2006
    Posts
    8,129

    Default Re: Reflections at Keppel Bay (D4, 99 Years, Keppel Land)

    April 26, 2007

    Going strong


    THE highest price achieved for Keppel Land's (KepLand's) Reflections at Keppel Bay was $2,550 per sq ft (psf), the company said yesterday.

    Three hundred and fifty units of the 1,129-unit, 99-year leasehold development were released earlier this month and about 90 per cent of the homes have been sold at prices averaging around $1,900 psf.

    KepLand expects to launch another 189 units of Reflections at Keppel Bay, which was designed by American architect Daniel Libeskind, soon.

    It will also release a further 102 units of Park Infinia at Wee Nam, 15 units of The Crest @ Cairnhill and 34 units of The Tresor on Duchess Road.

  17. #167
    李李 Guest

    Default Re: Reflections at Keppel Bay (D4, 99 Years, Keppel Land)

    Quote Originally Posted by mr funny
    April 26, 2007
    Going Strong

    The highest price achieved for Keppel Land's (KepLand's) Reflections at Keppel Bay was $2,550 psf, the company said yesterday.

    Three hundred and fifty units of the 1,129-unit, 99-year leasehold development were released earlier this month and about 90% of the homes have been sold at prices averaging around $1,900 psf.

    KepLand expects to launch another 189 units of Reflections at Keppel Bay, which was designed by American architect Daniel Libeskind, soon.

    It will also release a further 102 units of Park Infinia at Wee Nam, 15 units of The Crest @ Cairnhill and 34 units of The Tresor on Duchess Road.

    Quick! Buy now before the next release!

  18. #168
    Makelele Guest

    Default Re: Reflections at Keppel Bay (D4, 99 Years, Keppel Land)

    Quote Originally Posted by 李李
    Quick! Buy now before the next release!
    When is the next release?

  19. #169
    Newspaper Guest

    Default Re: Reflections at Keppel Bay (D4, 99 Years, Keppel Land)

    Quote Originally Posted by Makelele
    When is the next release?

    According to the report, soon.

  20. #170
    agents n buyers suck Guest

    Thumbs down Re: Reflections at Keppel Bay (D4, 99 Years, Keppel Land)

    There are so many agents and buyers of reflections posting here, thinking that real investors will be stupid enough to belief that reflections is a good investment. I say go to hell with you guys, investors will look at ads in the classifieds and then they will know the true situation. Talking up the market, is all you guys can say. How about give me some idea on how reflections can still increase in price?

  21. #171
    Unregistered Guest

    Default Re: Reflections at Keppel Bay (D4, 99 Years, Keppel Land)

    Quote Originally Posted by agents n buyers suck
    There are so many agents and buyers of reflections posting here, thinking that real investors will be stupid enough to belief that reflections is a good investment. I say go to hell with you guys, investors will look at ads in the classifieds and then they will know the true situation. Talking up the market, is all you guys can say. How about give me some idea on how reflections can still increase in price?
    Agree,
    The developers are the one who cash in on the property boom, developer set record prices for many of new launched projects and amazingly there are still so many flippers out there willing to take the risk thinking that there should be some leftover......

  22. #172
    Buyer Guest

    Default Re: Reflections at Keppel Bay (D4, 99 Years, Keppel Land)

    Quote Originally Posted by agents n buyers suck
    There are so many agents and buyers of reflections posting here, thinking that real investors will be stupid enough to belief that reflections is a good investment. I say go to hell with you guys, investors will look at ads in the classifieds and then they will know the true situation. Talking up the market, is all you guys can say. How about give me some idea on how reflections can still increase in price?
    If buyers cannot post, then who can post in this thread?
    Parties who are not keen or have no interest in the project?

  23. #173
    Adviser Guest

    Default Re: Reflections at Keppel Bay (D4, 99 Years, Keppel Land)

    Quote Originally Posted by agents n buyers suck
    There are so many agents and buyers of reflections posting here, thinking that real investors will be stupid enough to belief that reflections is a good investment. I say go to hell with you guys, investors will look at ads in the classifieds and then they will know the true situation. Talking up the market, is all you guys can say. How about give me some idea on how reflections can still increase in price?

    Small boy, don't be so naive to think that postings in forum can talk up the market lah.

    Even reports from UBS, Citigroup, MAS, etc. or MM's assessment cannot talk up the market. Market is determined by market forces - supply and demand. If it go up, it can't it. If it go down, it can't stop it too.

  24. #174
    Unregistered Guest

    Default Re: Reflections at Keppel Bay (D4, 99 Years, Keppel Land)

    Quote Originally Posted by Unregistered
    Agree,
    The developers are the one who cash in on the property boom, developer set record prices for many of new launched projects and amazingly there are still so many flippers out there willing to take the risk thinking that there should be some leftover......
    For those flippers who have no holding powers could be in trouble. However, once option is not exercised, the unit will go back to developer and there is a good chance developer may sell at higher price. So, if you have unsold units on hand and if can wait a year or so, there is a good chance that you will make some money

  25. #175
    investor/flipper Guest

    Default Re: Reflections at Keppel Bay (D4, 99 Years, Keppel Land)

    Quote Originally Posted by agents n buyers suck
    There are so many agents and buyers of reflections posting here, thinking that real investors will be stupid enough to belief that reflections is a good investment. I say go to hell with you guys, investors will look at ads in the classifieds and then they will know the true situation. Talking up the market, is all you guys can say. How about give me some idea on how reflections can still increase in price?
    Yes agree. In fact there are many flippers/investors from the 1st release that have thrown back their units thus losing the 1%. Lucky for me i have invested my money elsewhere with confirmed high returns. I personally know 1 flipper that is shitting his pants right now with his purchase at reflections.
    This market has a lot of traps right now. Beware when you buy, because investors buying now have a higher probability to lose money(a lot of it) than to make money(a little bit).

  26. #176
    Roy Guest

    Default Re: Reflections at Keppel Bay (D4, 99 Years, Keppel Land)

    I know this person who has made many mistakes in property purchase. Actually he is one of my good friends. Dunno why? He always buys the wrong property.

    First his mistake is to buy Kerrisdale last time. Big mistake cos until now Kerrisdale not sold out due to its red light district location. Also the leasehold Kerrisdale city view will be totally blocked by freehold City Sq. Kerrisdale has not seen its price rising even in this kind of hot property market. What else can u say abt this kind of condo?

    Second his mistake is to buy Caribbean condo, but non elite unit. Means no view, and no good facing one. Now he is seeing others units selling for $1200 psf while his own asking for $900 psf also nobody want to buy. Have to beg people to buy.

    Third his mistake is to buy Reflections. This one I no need to say any more lah. 1000 over units, lukewarm response, units thrown back, good luck to my dear friend lah.

    With people like my dear friend, there will always be winners and losers in this property game.

  27. #177
    beavis Guest

    Default Re: Reflections at Keppel Bay (D4, 99 Years, Keppel Land)

    Which one will you buy???

    $2200 psf 99 years Refelections at keppel or $2000 psf freehold light @ cairnhill orchard???

    For me, developmnet above 500 units is not Luxiorious and exclusive. It is MASS MARKET.
    Orchard and surrounding area will be my choice. as they are considered High end since long time ago.

  28. #178
    Unregistered Guest

    Default Re: Reflections at Keppel Bay (D4, 99 Years, Keppel Land)

    Quote Originally Posted by beavis
    Which one will you buy???

    $2200 psf 99 years Refelections at keppel or $2000 psf freehold light @ cairnhill orchard???

    For me, developmnet above 500 units is not Luxiorious and exclusive. It is MASS MARKET.
    Orchard and surrounding area will be my choice. as they are considered High end since long time ago.
    good point,
    In ST today, they are talkiing about some super luxorious condo units at KL with 4000-12000 sqf each. Each floor surely has only one unit, with exclusively access by private lift. Some of the units even has its own lap pool. They are only going for 10 million each
    Can developer in Singapore can match that? Is there a tycon out there willing to pay 50 million for it?

  29. #179
    Unregistered Guest

    Default Re: Reflections at Keppel Bay (D4, 99 Years, Keppel Land)

    Quote Originally Posted by beavis
    $2200 psf 99 years Refelections at keppel or $2000 psf freehold light @ cairnhill orchard???
    I find it ridiculous to even consider Reflections in the same league as Cairnhill, much less compare $psf prices. Absolutely ridiculous question. But what is even more ridiculous is the fact that the prices above are real! Leasehold Reflections more expensive than freehold Orchard!

    I only want to know one thing: who are the ridiculous people buying Reflections at $2200 psf?

  30. #180
    Unregistered Guest

    Default Re: Reflections at Keppel Bay (D4, 99 Years, Keppel Land)

    Quote Originally Posted by Unregistered
    good point,
    In ST today, they are talkiing about some super luxorious condo units at KL with 4000-12000 sqf each. Each floor surely has only one unit, with exclusively access by private lift. Some of the units even has its own lap pool. They are only going for 10 million each
    Can developer in Singapore can match that? Is there a tycon out there willing to pay 50 million for it?
    Yes. Cliveden at Grange by CDL. One unit per floor.

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