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

[teddybear]

Ask you to buy in early 2009 you don't want?!

can recommend any good units you saw at $1.5m? all the units i was offered were about $2-3m, even after i told them my budget is less than 2m, those $%#$^$^ agents

[fiat500]

I'm rather serious at buying a unit at Reflections for $1.2m. I see that you're really knowledgeable on this project, can you recommend me the agent who has such unit? Most units I've seen are going for $1.5m.

I don't mind paying you a token sum if I could get one at $1.2m high floor unit with unobstructed golf view. I know it's temporary gold course but I'm fine with it at $1.2m

i seriously doubt u will be able to get any 2bedder unit for 1.2m at this point of time unless another crisis sets in..
i would say its impossible!

[flxcat]

i seriously doubt u will be able to get any 2bedder unit for 1.2m at this point of time unless another crisis sets in..
i would say its impossible!

I tried Caribbean 2 rm for $1.3mil, agent also say no luck. Curious how can reflections going at around this price

[lufu]

i seriously doubt u will be able to get any 2bedder unit for 1.2m at this point of time unless another crisis sets in..
i would say its impossible!

I know, i hadn't been able to find High floor golf course view at $1.2m 2 bedder but Heng has been posting about price drop and fire sale for the last months. I am looking for his contacts and willing to pay comm for it.

[cartman]

not great. those are 2 bedders with 'temporary' golf course view

hoping to find those $1.2M high floor golf course view mentioned by Heng

which floor is considered high enough?

well at least tyour agents are asking for $1.5M for golf course view. the agents quoted me much higher for low floor golf course view or no view.

[cartman]

Ask you to buy in early 2009 you don't want?!

aiya, told you i blur like sotong for property liao. last time, very fussy, see orchard condo $1500 psf still hiam finishing no good, cosmopolitan unit only 5th floor not high enough etc, later too busy with work and market took off

but luckily made some money elsewhere, so can come back and shop again what's your recommendation?

[zhiming1]

If have 1.3 m for 2bedroom , i am interested too...

[fiat500]

If have 1.3 m for 2bedroom , i am interested too...

For 1.3m,u cant even get a 2Bedder for citylights or southbank already, u dare to aim for reflections ah?
They always say this "dream on" haha,just kidding,don't take offence.

[ecimbew]

For 1.3m,u cant even get a 2Bedder for citylights or southbank already, u dare to aim for reflections ah?
They always say this "dream on" haha,just kidding,don't take offence.

Let's add one more to the list.
"You cant get 2 bedder at Sky Habitat during launch too. It costs 1.4 million dollars upwards. But you can try it's 1 + 1 bedder. It's 1.2 million dollars upwards."

[speculator]

Reflections is a great project but anything below $2000 psf here is not worth buying.

There really isn't any view for those units. Better off crossing the road to buy Skyline.

[cartman]

Reflections is a great project but anything below $2000 psf here is not worth buying.

There really isn't any view for those units. Better off crossing the road to buy Skyline.

lol, this is such a general sweeping statement. i have been offered $2000 psf units with shitty views whereas there had been transactions below $1500 psf.

skyline residences seems over rated...look at the surroundings.

[Jonathan0503]

For 1.3m,u cant even get a 2Bedder for citylights or southbank already, u dare to aim for reflections ah?
They always say this "dream on" haha,just kidding,don't take offence.

Actually I find the location of southbank and citylights much better then reflections

[Jonathan0503]

Reflections is a great project but anything below $2000 psf here is not worth buying.

There really isn't any view for those units. Better off crossing the road to buy Skyline.

Yes, and skyline is FH

[kane]

Actually I find the location of southbank and citylights much better then reflections

Reflections is more for those who want to be away from all the hustle and bustle. Not for me though. I want amenities at my doorstep.

[eng81157]

Yes, and skyline is FH

interlace's location ain't fantastic either, with one side of the project overlooking the AYE. furthermore, it's LH and i personally think it's ugly.

the ex-gillman heights folks probably got the raw end of the deal by trading in their huge units for this

[fiat500]

Actually I find the location of southbank and citylights much better then reflections

But reflections definitely much more atas lah.
Its just like those condos along meyer rd,they have zero amenities but yet they command premium prices in the katong area..

[lufu]

i seriously doubt u will be able to get any 2bedder unit for 1.2m at this point of time unless another crisis sets in..
i would say its impossible!

Apparently Heng kept shouting fire sale and posted prices that shows high floor $1.2m so I was a little hopeful.



I am seriously wanting to pay his Agent who can bring me such seller. $1.2Mil high floor Golf Course View, 2 bedder.

I think Heng has now taken down the Fire Sale sign and disappeared? unfortunately

[Heng]

I think Heng has now taken down the Fire Sale sign and disappeared? unfortunately [/quote]

Not fire sale sign but ACTUAL transactions ?? more to come ???

Reflections
Reflections

sold on
LOSSES $$$$$2012-05-28
-503,1962012-05-25
-326,9922012-05-25
-182,1602012-05-25
-351,9452012-05-23
-327,120

LOSSES
$$$$$$$
See attached GIF file for units and computations of loss

[hopeful]

heng is very fast to use squarefoot.com.sg

[Heng]

......unless another crisis sets in..
i would say its impossible!

-$503,196-$351,945-$327,120-$326,992-$182,160

These units were bought directly from developers in 2007.

Many who bought in 2007 and sold off in the subsequent periods have made huge profits.

I also thought it is " impossible " to make such loss if buy direct from developer.

Guess there are more units sold at losses that went unreported....
More Reflections coming after May 2012.....

[Laguna]

In 2007, I signed a cheque for a big unit, but chicken out after considering the downside risk by using Carriben as an example.

This is going to be a difficult play, similar ones are in Sentosa. Situation is worst there

[Laguna]

Most profitable >20%

31 Keppel Bay View #08-91 1,141 $1,345 psf (May 07) $1,630 psf (Apr 12) 21.1%
25 Keppel Bay View #03-75 1,324 $1,524 psf (May 07) $1,888 psf (Feb 12) 23.8%
23 Keppel Bay View #27-74 904 $1,692 psf (May 07) $2,088 psf (Nov 11) 23.4%
31 Keppel Bay View #06-93 872 $1,392 psf (May 07) $1,697 psf (Oct 11) 21.9%

I nvr seen a project with so many units in the market for sales and rental...

[jwong71]

-$503,196-$351,945-$327,120-$326,992-$182,160

These units were bought directly from developers in 2007.

Many who bought in 2007 and sold off in the subsequent periods have made huge profits.

I also thought it is " impossible " to make such loss if buy direct from developer.

Guess there are more units sold at losses that went unreported....
More Reflections coming after May 2012.....

buying direct from developers, either way: make money or lose money.

timing, timing, timing

[hopeful]

In 2007, I signed a cheque for a big unit, but chicken out after considering the downside risk by using Carriben as an example.

This is going to be a difficult play, similar ones are in Sentosa. Situation is worst there

the unit you were eyeing, if you had gone through the purchase, would it have made money now?

[KTKW]

-$503,196-$351,945-$327,120-$326,992-$182,160

These units were bought directly from developers in 2007.

Many who bought in 2007 and sold off in the subsequent periods have made huge profits.

I also thought it is " impossible " to make such loss if buy direct from developer.

Guess there are more units sold at losses that went unreported....
More Reflections coming after May 2012.....

Its not impossible to make losses even if you buy at new launch.
Unless you are prepared to hold on to the property if the tide is against you.

I still feel that location location location is key!

[Laguna]

the unit you were eyeing, if you had gone through the purchase, would it have made money now?

Cannot remember which unit I was eyeing at that time
so many years back, getting old alr

[Heng]

Its not impossible to make losses even if you buy at new launch.

!

In about the same period / time of posting,,, you mentioned "missed opportunity ""to buy at launch "

Interesting opposing viewpoints about " buy at new launch "

[KTKW]

In about the same period / time of posting,,, you mentioned "missed opportunity ""to buy at launch "

Interesting opposing viewpoints about " buy at new launch "

Lol, ya.. not all new launches of development can make money.

And the owners of waterbank quite lucky as most of them manage to buy and sell with a profit of $300K average after 3years. Waterbank was sold out in weeks, almost immediately, so people who did manage to purchased one during that time was quite lucky.

I also commented in other posts that timing will never be more important than location. Find the right place to buy with the right fundamentals as you do for all other investment.

[Heng]

Lol, ya.. not all new launches of development can make money.

And the owners of waterbank quite lucky as most of them manage to buy and sell with a profit of $300K average after 3years. Waterbank was sold out in weeks, almost immediately, so people who did manage to purchased one during that time was quite lucky.

.

So many who bought at 2007 launch of reflections not lucky ??
Developer still got 282 unsold units as at end of May 2012 ....stiff competition ...

[Lovelle]

i almost kana soft sell into buyin this one.
But with some research, you realised Heng's theory.