One Amber (D15, 999 years, UIC/Singland)

[Property_Owner]

the banks will match valuations if the loan is for 70%
if u ask for 80% and more then they will decline by not matching
the valuations ( an indirect "NO" )

Valuation is not base on your portfolio or loan amount/%. It's base on the recently transaction for that property. I know cause I been buying for pass 15 years. Who told you that? Please don't mislead here

[b&j]

Which stacks and levels you referrin to ?

According to property agents, the premium are stacks 21, 27, 01 and 07.

[Good]

I m selling my 3+1 unit. Looking at above 9xx psf. Keen buyers can PM me.

[WolleyDragon]

I m selling my 3+1 unit. Looking at above 9xx psf. Keen buyers can PM me.

Care to share with us how you derive the requsite PSF of 9xx??

[East Lover]

I m selling my 3+1 unit. Looking at above 9xx psf. Keen buyers can PM me.

hello, except studio, recently none of 3+1 is above 860 psf.
go back to your agent, to let him bluff lah.

if you want to market here, in order to save your 2% agent fee, please do not be soooooooo greedy!

[East Lover]

According to BT, OA is now transacting at an average of 806psf. That means we can offer below 800psf and still get a good chance that it'll be accepted.

To all agents: Show the BT article to your sellers. Your job is to push down their asking prices and push up our offer prices. Only then, you'll get your commissions.

I believe that 'self-market' owner didn't read this post. He is still asking 9xx psf, and yet want to save the agent fee!

I m selling my 3+1 unit. Looking at above 9xx psf. Keen buyers can PM me.

[WolleyDragon]

hello, except studio, recently none of 3+1 is above 860 psf.
go back to your agent, to let him bluff lah.

if you want to market here, in order to save your 2% agent fee, please do not be soooooooo greedy!

Maybe Good has been influenced by b&j.. b&j been sprouting tales from agents friends that psf is now 9xx and more.. that it's a good time to buy now at this inflated price..

[East Lover]

Jus offer a high floor studio unit for a price of slightly more than $1k psf and been rejected by the seller.
guess what, I just find out from the banker that the valuation for that unit is only $900 psf. Luckily the seller rejected, if not I have to forfeit my deposits liao...

there are 111 post in property guru for sales (even though some are repeated), the more closer to TOP, the more pressure the owner will have, ==> the more fire sales will come to the market.

So surely you will have a lot of choice! Patient = $$$

[latour]

I m selling my 3+1 unit. Looking at above 9xx psf. Keen buyers can PM me.

9xx psf - One Amber in D9/10 arr... with that price I think I go buy River Valley...

[latour]

there are 111 post in property guru for sales (even though some are repeated), the more closer to TOP, the more pressure the owner will have, ==> the more fire sales will come to the market.

So surely you will have a lot of choice! Patient = $$$

I'm with you East Lover... patient = $$$, as said earlier lets go throw cheque of $7xx psf collectively when the time comes then we will stand to gain.

[Property_Owner]

I m selling my 3+1 unit. Looking at above 9xx psf. Keen buyers can PM me.

lol, you are asking for death here. This forum mainly flood with people that don't buy. Don't save the commissions. Wonder how many PM you will get asking for 700psf.

[East Lover]

Maybe Good has been influenced by b&j.. b&j been sprouting tales from agents friends that psf is now 9xx and more.. that it's a good time to buy now at this inflated price..

http://www.asiaone.com/Business/News...14-135253.html
SINGAPORE, April 14, 2009 (AFP) - Switzerland's biggest bank UBS said Tuesday that 240 jobs will be cut from its wealth management division in the Asia-Pacific region as part of a cost reduction exercise.

http://www.chinadaily.com.cn/world/2...nt_7675092.htm
Singapore lowers GDP forecast for 2009
(Xinhua)
Updated: 2009-04-14 10:43
SINGAPORE -- The Singapore government announced Tuesday that it expects the country' gross domestic product (GDP) to contract by 6.0 to 9.0 percent in 2009, lower than the earlier forecast of a contraction between 2.0 to 5.0 percent
....

The MTI said that the global economy is expected to remain weak in the coming quarters.

[East Lover]

lol, you are asking for death here. This forum mainly flood with people that don't buy. Don't save the commissions. Wonder how many PM you will get asking for 700psf.

haha bro, wrong, not "don't buy", is "don't want to buy at wrong price".

[East Lover]

Home buyers keen to upgrade from a Housing Board flat to a private condominium will have plenty of choice this year. That is going by data compiled by real estate services company CB Richard Ellis.
A total of 82 projects are currently ready to be put up for sale throughout this year, said CBRE, an international company with a research team in Singapore.
From the coastal areas of Pasir Panjang and Punggol to the residential zones of Simei and Sixth Avenue, there is a private apartment development waiting to be launched in almost every corner of the island.
Most are in the non-landed condominium category, aimed at Housing Board upgraders and young family starters.
CBRE's list defined the projects on the list as those that are 'launch-ready'. By this, it means projects that have all the necessary permits from the authorities so they can be marketed, although construction work may not have started.
Already, four have been launched - including the latest, Mi Casa condominium at Choa Chu Kang, whose units went on sale this weekend. A further two are expected to be launched within the next two months.
With private property prices falling when HDB resale flat prices are still holding fairly steady, it is music to the ears of those who want to upgrade but have not been able to amid high prices and not so many mass-market launches in recent years.
Writer Ng Hui Hui, 28, who is looking for a private apartment but finds prices a bit high now, feels the high number of launches will increase her chances of finding one at the right price.
'I'm more hopeful because the number of launches offers a lot of choices. There's more for me to consider,' she said.
HDB upgraders have flexed their muscle at condo launches so far this year, buying many units at The Caspian beside Lakeside MRT station, Double Bay Residences in Simei and The Quartz in Buangkok, for example.
Mr Joseph Tan, CBRE's executive director, residential, notes: 'If there are a number of HDB upgraders who are ready to enter the market, the sales momentum can be sustained.'
Over at the 18-storey The Mercury in Shanghai Road launched three weeks ago, all 67 units - priced from over $700,000 for a 635 sq ft apartment - were snapped up.
Mr Victor Soh, director of the developer, Fortune Shanghai Road, said: 'There was no delay in launching the project despite the bad market - we launched it when the project was ready. There were quite a number of people waiting for us to launch.
'All our units have already been sold and we're ready to start construction.'
While house-proud Singaporeans will enjoy poring over the launch-ready list, imagining their dream home, most projects may not actually go up for sale soon, as developers wait and see how the economy goes.
Only 10 out of the 82 could name a date or period, but even they said their dates are subject to change.
Still, judging by the small amount of dates given, the hold-out may not go beyond this year or the early part of the next, as the furthest indicated date a developer gave was the first half of next year.
Such delays also mean prices will not plummet too sharply, said a spokesman for listed developer City Developments.
He said: 'This has helped to balance current demand and supply by mitigating the supply of new apartments entering the market.'
The tough economic times are weighing on some developers, with Ms Chua Chor Hoon, a senior research director for global real estate adviser DTZ, saying: 'Some have been responding to the slow market by deferring projects that are due for completion to later years.'
A spokesman for residential project Verdure - a planned 75-unit, freehold development in Holland Road - said: 'The market is so bad, we can't launch it.'
Another, representing the exclusive 26-unit The Verv @ River Valley, said it was putting off its launch, explaining: 'Blame it on the economy.'
Both spokesmen declined to be named.
The experience of upcoming mid-market, 24-unit Evergreen View at Geylang Lorong 36 echoes this.
Mr Thomas Sim, associate manager of real estate firm PropNex Realty, which is the selling agent, said: 'We've only had the soft launch last month so far because the show unit is only slated for completion in May, and also partly because the market is poor now. As it is, the reaction from the soft launch wasn't very good.'
A key part of marketing a condo is to build a show flat to entice prospective buyers. Another reason some projects are being delayed is that developers are reviewing their plans in order to reconfigure units to a smaller size, say industry players. The smaller sizes make the units more affordable.
Knowing about the list of 82 'launch-ready' projects is good news for the likes of home-hunter John Yeo, 38.
The sales manager says: 'This means I have time and don't have to rush. I can take my time to choose. But of course, price and location must also be right.'

This article was first published in The Straits Times.

[Property_Owner]

haha bro, wrong, not "don't buy", is "don't want to buy at wrong price".

It's up to buyers. If for own stay why not if they can afford and the price not too X. If for investors if me, I don't care, I only want cheapest unit and I can either wait or there are so many others area for me to choose. But you sure ask me, why I bought OA. It's a long story. I share with you when I free

[Good]

lol, you are asking for death here. This forum mainly flood with people that don't buy. Don't save the commissions. Wonder how many PM you will get asking for 700psf.

hahaha. No urgency to sell. So if no sincere buyers, i can rather hold.

[East Lover]

It's up to buyers. If for own stay why not if they can afford and the price not too X. If for investors if me, I don't care, I only want cheapest unit and I can either wait or there are so many others area for me to choose. But you sure ask me, why I bought OA. It's a long story. I share with you when I free

ok, look forward for your long story

[b&j]

It's up to buyers. If for own stay why not if they can afford and the price not too X. If for investors if me, I don't care, I only want cheapest unit and I can either wait or there are so many others area for me to choose. But you sure ask me, why I bought OA. It's a long story. I share with you when I free

Ya, I also wanna buy a unit at OA for investment. This is one of e last big project in D15. Highest transaction during the peak was 1400psf. If I have the extra cash, I will definitely go for it.

[Property_Owner]

Ya, I also wanna buy a unit at OA for investment. This is one of e last big project in D15. Highest transaction during the peak was 1400psf. If I have the extra cash, I will definitely go for it.

For investment go for D9/10 or D4. D15 not good now. But if you willing to hold for years and if things improves. Maybe, I say maybe ok. To me Ardmore is good for investment now. You will see.

[august]

I m selling my 3+1 unit. Looking at above 9xx psf. Keen buyers can PM me.

at 9xx psf is a bit tough
think target foreign buyers still got chance, and if so hard not to go thru agents ..

[Good]

Ya, I also wanna buy a unit at OA for investment. This is one of e last big project in D15. Highest transaction during the peak was 1400psf. If I have the extra cash, I will definitely go for it.

Ya. I am also struggling to sell or not.

[b&j]

Ya. I am also struggling to sell or not.

I think you will be able to sell at 9xxpsf. Got pple offer 9xxpsf for 3+1 unit also rejected. My agent always update me. Means there are still pple out there willing to pay a little more for a good unit.

[Good]

I think you will be able to sell at 9xxpsf. Got pple offer 9xxpsf for 3+1 unit also rejected. My agent always update me. Means there are still pple out there willing to pay a little more for a good unit.

Thanks. Already got quite a number of buyers PM already.

[Property_Owner]

Thanks. Already got quite a number of buyers PM already.

Fishy fishy. Are you an agent?

[East Lover]

Fishy fishy. Are you an agent?

b&j, are you agent also? hehehe...

I think you will be able to sell at 9xxpsf. Got pple offer 9xxpsf for 3+1 unit also rejected. My agent always update me. Means there are still pple out there willing to pay a little more for a good unit.

[august]

so all are agents ah?

[franzmark]

most forumers come here to TCSS, you won't find genuine buyers here. My sound advice to you is to try and get hold of some rich cash rich foreign buyer who is a sotong to the singapore pty mkt and he may pay 9xxpsf for your big unit (again easier said than done, lol). It is generally easier to offload a small unit at 9xxpsf but not for big units like yours. good luck in your marketing anyway...

hahaha. No urgency to sell. So if no sincere buyers, i can rather hold.

[Property_Owner]

most forumers come here to TCSS, you won't find genuine buyers here. My sound advice to you is to try and get hold of some rich cash rich foreign buyer who is a sotong to the singapore pty mkt and he may pay 9xxpsf for your big unit (again easier said than done, lol). It is generally easier to offload a small unit at 9xxpsf but not for big units like yours. good luck in your marketing anyway...

Bro, don like that leh. I'm a genuine buyer. Read and you will see. But for me it's mainly for investments. But one thing for sure I will not deal with sellers or buyers direct. Prefer agents to do the hard work for me. Then at night can sleep peacefully.

[franzmark]

Ok lah, i should say there are some exceptions...

Bro, don like that leh. I'm a genuine buyer. Read and you will see. But for me it's mainly for investments. But one thing for sure I will not deal with sellers or buyers direct. Prefer agents to do the hard work for me. Then at night can sleep peacefully.

[WolleyDragon]

so all are agents ah?

agents masquerading as buyers / sellors.. then seemingly have own conversations / discussions???