Has anyone been to the Fiorenza showflat which was just officially launched today on 25 April 2009? This project would feature a glass jacuzzi imported from Italy on all the balconies. Each unit will also get a multi-room digital music system. It has 2 sky gyms and a few roof gardens. It is also 5 minutes walk to Kovan MRT and Freehold.
Original quotation of units started at $870psf by some unethical PropNex agents who said the fair value is indeed at that price due to
(i) The Integrated Resort going to boost housing demand
(ii) Targeted Singapore Population of 6.5Million pple going to boost housing demand.
(iii) Property prices going up and developers across Singapore all increased prices this weekend.
(iv) It is freehold.
I do not know whether they managed to con people into parting with $870psf pricing. But agent said got people buy. And very interestingly, saw a couple left after hearing the price at 870psf and agent immediately quote a reduction of close to $100psf.
Please share your views.