Mi Casa (D23, 99 Years, Far East Organization)

[Thomas Chee]

Hows the construction? Any one has photo to share?

http://www.myhometown.sg/Forum/tabid...8/Default.aspx

[amk]

...hmmm why is this project still not yet sold out ? still have almost 10%. look , places like Livia, Double Bay, Waterfront Key, etc with more units all got sold out already... not that this one is particularly more expensive...

[devilplate]

CCK mah..less desirable

the hdb rental over there oredi tough...

[noblebaby]

have you received?

last week heard from my fren who bought a unit, he said construction is quite fast, and they have started to pay for the installment.

Has anyone received notification from their legal firms that Mi Casa's foundation is done, and hence to pay the 10% soon under progressive payment?

[Wild Falcon]

Livia started selling one year earlier in 2008 while Mi Casa is in 2009 lah. Anyway, 10% left is not a bad performance at all. And I think East side is more heavily populated with the largest estates e.g. Tampines, Bedok in the area. Greater population catchment = greater density = greater demand from upgradeers. The likes of Choa Chu Kang or Bukit Panjang are very small estates and surroundings are nature reserves or farmland or Mandai which means catchment demand is smaller as compared to high density estates like Tampines or Bedok.

...hmmm why is this project still not yet sold out ? still have almost 10%. look , places like Livia, Double Bay, Waterfront Key, etc with more units all got sold out already... not that this one is particularly more expensive...

[Regulators]

industrial pollution in the west is heavily compensated by the nature reserves and the green belts in the west. the higher human density in tampines and bedok compared to bukit batok or bukit panjang is a no concern coz our population is quite insignificant compared to even the cattle in new zealand.

Livia started selling one year earlier in 2008 while Mi Casa is in 2009 lah. Anyway, 10% left is not a bad performance at all. And I think East side is more heavily populated with the largest estates e.g. Tampines, Bedok in the area. Greater population catchment = greater density = greater demand from upgradeers. The likes of Choa Chu Kang or Bukit Panjang are very small estates and surroundings are nature reserves or farmland or Mandai which means catchment demand is smaller as compared to high density estates like Tampines or Bedok.

[noblebaby]

yes, its a FEO project. 10% left is considered a very good performance.

Livia started selling one year earlier in 2008 while Mi Casa is in 2009 lah. Anyway, 10% left is not a bad performance at all. And I think East side is more heavily populated with the largest estates e.g. Tampines, Bedok in the area. Greater population catchment = greater density = greater demand from upgradeers. The likes of Choa Chu Kang or Bukit Panjang are very small estates and surroundings are nature reserves or farmland or Mandai which means catchment demand is smaller as compared to high density estates like Tampines or Bedok.

[Wild Falcon]

Not sure why you suddenly talk about pollution in a Choa Chu Kang thread? Distance from West Coast (obviously coastal areas are the most polluted due to heavy industrial Islands) to Choa Chu Kang is like 10 km. Incidentally distance along the coast from West Coast to the city is also around 10km. How wide is the whole Singapore? We're just talking about lower demand in CCK due to lower population density - dun be so sensitive - nobody is saying Bedok is polluted - it's just dense

So the same 10km can be drawn horizontally or vertically lah. Drawn horizontally and you reach the city center. Oops.

industrial pollution in the west is heavily compensated by the nature reserves and the green belts in the west. the higher human density in tampines and bedok compared to bukit batok or bukit panjang is a no concern coz our population is quite insignificant compared to even the cattle in new zealand.

[jitkiat]

New high #11-31 > 800psf

[Thomas Chee]

Only high floor unit left, check out FEO website-> http://www.fareast.com.sg/FEOCorp.Up...asa-FEOWeb.pdf

[Komo]

Only high floor unit left, check out FEO website-> http://www.fareast.com.sg/FEOCorp.Up...asa-FEOWeb.pdf

I wonder why still mainly high floor units left. Usually these are amongst the quickest to be taken up.

[bargain hunter]

far east traditionally prices the high floor units at super high psf vs the lower floors.

I wonder why still mainly high floor units left. Usually these are amongst the quickest to be taken up.

[Thomas Chee]

micasa home owners, lets get connected and share your pictures in facebook-> http://www.facebook.com/group.php?gid=114951455212410

[Regulators]

are you running a security company?

micasa home owners, lets get connected and share your pictures in facebook-> http://www.facebook.com/group.php?gid=114951455212410

[Thomas Chee]

are you running a security company?

Hi regulators, i find it quite difficult to share pictures over in the forum here as it asked for an url link instead of allowing one to upload directly. So I've just suggested to do some sharing in facebook afterall it is only pictures of micasa development, thus it required nothing of any security nature.

[Regulators]

bro u misunderstood me lah, i literally meant a security manpower company coz i know a guy with ur name running a security manpower agency.

Hi regulators, i find it quite difficult to share pictures over in the forum here as it asked for an url link instead of allowing one to upload directly. So I've just suggested to do some sharing in facebook afterall it is only pictures of micasa development, thus it required nothing of any security nature.

[Thomas Chee]

Hi regulators, I'm in the teaching line. How about yourself, noted you been very active here. Hope to learn from your sharings on the property market too.

[Regulators]

we are in the same trade but i dont work for MOE. I run an education biz however.

Hi regulators, I'm in the teaching line. How about yourself, noted you been very active here. Hope to learn from your sharings on the property market too.

[yshuang]

Anybody know whether the land between Choa Chu kang Park and Mi Casa will keep as park area?

[yshuang]

Anybody know whether the land between Choa Chu kang Park and Mi Casa will keep as park area?

I have got some info. from the forum #244

http://www.ura.gov.sg/pwbid/pwb-elgparks(frame).htm

[yshuang]

Total: 457, sold to-date: 422, unslod till end of May 2010: 35;

Sold in May 2010: 9 unit, highest S$830PSF, lowest S$699PSF.

[Wild Falcon]

Looks like Mi Casa and Hillvista in D65 are Far East best performing projects liao => 60% sold and less than 50 units leftover. The rest of Far East projects all CMI.

[akow]

last week heard from my fren who bought a unit, he said construction is quite fast, and they have started to pay for the installment.

For those who hav started progress loan repayment, should hav received the certificate/letter of progress of construction from FarEast.
Does the letter state the estimate/target TOP date?

Mine is on Tower C2, which is still now a piece of empty land between C1 and C3...

[august]

For those who hav started progress loan repayment, should hav received the certificate/letter of progress of construction from FarEast.
Does the letter state the estimate/target TOP date?

Mine is on Tower C2, which is still now a piece of empty land between C1 and C3...

TOP is usually 6 to 9 mths ahead of what is lstated.

[cashrich]

Total: 457, sold to-date: 422, unslod till end of May 2010: 35;

Sold in May 2010: 9 unit, highest S$830PSF, lowest S$699PSF.

That's 92% sold. Balance 8% will take forever to sell.? If at all. The prices are indeed attractive as compared to Treehouses. That one is more ulu and not near any amenities but I'll keep a look out for Jurong East development!

[yshuang]

I brough a second-hand Unit of A3, the original owner has paid the 1st 10% of Loan, that means he has paid 30% of the total cost till now.

[bpang]

can i know anyone manage to sell off?

[cashrich]

can i know anyone manage to sell off?

From what I know... these are the done deals. Not very profitable except 1.

317 Choa Chu Kang Avenue 3 #03-15 $590 1119 $660k 23-Apr-09
317 Choa Chu Kang Avenue 3 #03-15 $643 1119 $720k 29-Sep-09

60k before less commission

317 Choa Chu Kang Avenue 3 #04-13 $590 990 $584k 7-Apr-09
317 Choa Chu Kang Avenue 3 #04-13 $666 990 $660k 23-Feb-10

76k before less commission

317 Choa Chu Kang Avenue 3 #07-14 $722 990 $715k 20-May-10
317 Choa Chu Kang Avenue 3 #07-14 $604 990 $597k 23-Apr-09

118k before less commission (good deal)


317 Choa Chu Kang Avenue 3 #08-14 $687 990 $680k 27-Apr-10
317 Choa Chu Kang Avenue 3 #08-14 $610 990 $603k 23-Apr-09

77k before less commission

323 Choa Chu Kang Avenue 3 #05-26 $643 1259 $810k 27-Apr-10
323 Choa Chu Kang Avenue 3 #05-26 $615 1259 $774k 21-Apr-09

36k before less commission

325 Choa Chu Kang Avenue 3 #05-29 $687 1259 $865k 20-Apr-10
325 Choa Chu Kang Avenue 3 #05-29 $615 1259 $774k 6-May-09

91k before less commission

327 Choa Chu Kang Avenue 3 #06-34 $637 1119 $713k 25-Jun-09
327 Choa Chu Kang Avenue 3 #06-34 $661 1119 $739k 27-Aug-09

26k befor less commission (Fire sale or sale to relative... where is the profit?)

[cashrich]

can i know anyone manage to sell off?

This is your first post and I am curious to know why you asked. I posted and you also didn't reply.. wasted my time to get the transactions for u.

Are you interested in this property? Currently, it is very quiet there with not much interest there. Though there are quite a few postings under property guru. Tree houses are selling at much higher prices.

[azeoprop]

Any starbuys for the remaining units? Is the showroom still open?