What is almost new? 2-3 years old?Originally Posted by LEEporter
For $1200 i can buy almost new Freehold in River Valley! or near Mohd Sultan!
Newbie
What is almost new? 2-3 years old?For $1200 i can buy almost new Freehold in River Valley! or near Mohd Sultan!
Junior
Got mah? Where?For $1200 i can buy almost new Freehold in River Valley! or near Mohd Sultan!
Newbie
watermark lor. or one jervois if bargain low floor. or those Shanghai One that kind lor.
F01 N54 Sheer Driving Pleasure
$1,200 psf!For $1200 i can buy almost new Freehold in River
Valley! or near Mohd Sultan!
Yummy!
Does your "almost new" mean "resale"?
Are you an agent or an owner?
Can you let me know this opportunity soonest? I am keen to buy, whatever the size. (OK ... no penthouse.)
Is it Rivergate, The Cosmopolitan, Robertson Edge or Attitude at Kim Yam?
Rivergate
Address ................................. psf ................. Area ........... Price ............ Contract Date
99 Robertson Quay #22-15 ... $1,616 psf ..... 1,496 sqft ... $2,418,000 ...... 18 Nov 09
99 Robertson Quay #24-12 ... $1,709 psf ..... 1,539 sqft ... $2,630,000 ...... 10 Nov 09
97 Robertson Quay #30-06 ... $1,733 psf ..... 2,077 sqft ... $3,600,000 ..... 29 Oct 09
99 Robertson Quay #16-12.... $1,748 psf ..... 1,539 sqft ... $2,690,000 ....... 14 Oct 09
93 Robertson Quay #14-05.... $1,548 psf ..... 1,550 sqft ... $2,400,000 ....... 12 Oct 09
97 Robertson Quay #34-08 ... $1,901 psf 2,077 sqft ... $3,950,000 ....... 7 Oct 09
99 Robertson Quay #06-12 ... $1,700 psf ..... 1,539 sqft ... $2,616,000 ......... 7 Oct 09
99 Robertson Quay #21-16 ... $1,700 psf ..... 1,044 sqft ... $1,774,000 ...... 28 Sep 09
97 Robertson Quay #33-10 ... $1,800 psf .... 1,970 sqft ... $3,546,000 ...... 16 Sep 09
99 Robertson Quay #23-14 ... $1,711 psf ..... 1,023 sqft ... $1,750,000 ...... 14 Sep 09
99 Robertson Quay #14-13 ... $1,649 psf ..... 1,055 sqft ... $1,740,000 ........ 9 Sep 09
97 Robertson Quay #38-09 ... $1,800 psf .... 3,843 sqft ... $6,917,000 ..4 Sep 09
The Cosmopolitan
Address ................................. psf ................. Area ........... Price ............... Contract Date
202 Kim Seng Road #33-07 ... $1,846 psf ..... 1,679 sqft ... $3,100,000 .... 20 Nov 09
202 Kim Seng Road #29-06 ... $1,823 psf ..... 1,141 sqft ... $2,080,000 ....... 14 Oct 09
202 Kim Seng Road #12-06 ... $1,727 psf ..... 1,141 sqft ... $1,970,000 ........ 2 Sep 09
202 Kim Seng Road #14-05 ... $1,683 psf ..... 1,141 sqft ... $1,920,000 ........ 1 Sep 09
202 Kim Seng Road #29-05 ... $1,790 psf ..... 1,141 sqft ... $2,042,000 ...... 20 Aug 09
202 Kim Seng Road #34-01 ... $1,858 psf oo 1,399 sqft ... $2,600,000 ...... 17 Aug 09
202 Kim Seng Road #20-07 ... $1,665 psf ..... 1,679 sqft ... $2,795,000 ...... 17 Aug 09
202 Kim Seng Road #30-07 ... $1,600 psf ..... 1,679 sqft ... $2,686,000 ...... 14 Aug 09
202 Kim Seng Road #31-07 ... $1,750 psf ..... 1,679 sqft ... $2,938,000 ........ 4 Aug 09
202 Kim Seng Road #28-03 ... $1,737 psf ..... 1,324 sqft ... $2,300,000 ........ 4 Aug 09
Robertson Edge
Address ................................. psf ................. Area ........ Price ............ Contract Date
18 Tong Watt Road #07-04 ... $1,599 psf .o 463 sqft ... $740,000 ...... 30 Oct 09
18 Tong Watt Road #05-01 ... $1,549 psf ..... 398 sqft ... $616,000 ...... 16 Sep 09
18 Tong Watt Road #05-06 ... $1,579 psf ..... 431 sqft ... $680,000 ...... 14 Sep 09
Attitude at Kim Yam
Address ............................ psf ................. Area ........ Price ............ Contract Date
1 Kim Yam Road #08-01 .... $1,557 psf o. 366 sqft ... $570,000 ........ 2 Oct 09
1 Kim Yam Road #05-01 .... $1,530 psf ..... 366 sqft ... $560,000 ..... 11 Sep 09
Newbie
brother i was talking about watermark, shanghai one that kind of CMI one... not your kind of prime river valley
F01 N54 Sheer Driving Pleasure
I think One Jervois is in River Valley?
Am I right?
One Jervois
Address ........................... psf ................. Area ........... Price .............. Contract Date
7 Jervois Close #10-13 .... $1,390 psf ..... 1,496 sqft ... $2,080,000 ..... 30 Nov 09
7 Jervois Close #12-15 .... $1,445 psf .... 1,959 sqft ... $2,830,000 ... 13 Nov 09
3 Jervois Close #11-05 .... $1,335 psf ..... 1,012 sqft ... $1,351,000 ..... 10 Nov 09
9 Jervois Close #07-18 .... $1,400 psf ........ 990 sqft ... $1,386,000 ....... 6 Nov 09
9 Jervois Close #03-19 .... $1,370 psf ..... 1,066 sqft ... $1,460,000 ...... 28 Oct 09
3 Jervois Close #03-05 .... $1,280 psf ..... 1,012 sqft ... $1,295,000 ...... 19 Oct 09
11 Jervois Close #03-23 .. $1,315 psf ..... 1,733 sqft ... $2,278,000 ........ 6 Oct 09
9 Jervois Close #01-18 .... $1,293 psf ........ 990 sqft ... $1,280,000 ........ 2 Oct 09
Newbie
Hmm.... what's wrong with penthouse? Cannot flip or no upside?
F01 N54 Sheer Driving Pleasure
No lah.
It's just that my head ain't big enough!
F01 N54 Sheer Driving Pleasure
Singapore Property
Mid- to high-end strong in seasonally weak period
Overweight Maintained
Donald Chua
CIMB
Wednesday, 16 December 2009
Mid- to high-end sales gain momentum
Maintain Overweight on sector. The URA released new private home sales data for Nov 09 yesterday. Some 600 new private homes were sold in the month, down 26% mom. This, however, brought YTD sales to 14,370 units, just 441 units shy of the 2007 peak, though the total value was still 50+% below. November marked the second month that private home sales were below 1,000 units after cooling measures were rolled out by the government in Sep 09. We are not concerned, as we believe property volumes are typically weaker towards the end of the year. A lack of meaningful new launches and extremely robust take-up in the past 9 months also played a part in the breather, in our view. We maintain that more normalised property demand is actually healthy for the sector in the mid-long term. Positives from the November data were improving sentiment in the mid- to high-end of the market. We see Hobee and Allgreen as the main beneficiaries of this recovery going into 2010. We see sector re-rating catalysts from the strong financial positions of developers and buyers, as well as improvements in the real economy going into the new year. Other top picks at this juncture are UOL (attractive valuations), CityDev (market leadership) and CapLand (CMA boost and geographical diversification).
Comments
Seasonally weak volume not a concern at this juncture. The latest new home sales represent a 26% mom fall in transaction volumes. November marked the second month that new private home sales were below 1,000 units following cooling measures announced by the government in Sep 09. We are not surprised, given a lack of meaningful new launches and cautious buyer sentiment following the cooling measures. We expect December numbers to come in at 300-500 units, which should put 2009 sales on par with the 2007 peak. With many positives to look forward to next year, we expect monthly transaction volumes to improve further. A reversion of property volumes to a more stable level (8,000-10,000 units), stronger developer and household balance sheets, and an improving economic climate should defuse overhanging policy risks, we believe.
Good mid to high-end sales during seasonal weakness. A ray of light in this period came from the mid to high-end market. In particular, demand for products with ASPs over S$1,500psf was rather good in the month. Projects in this segment that boasted some good sales included Cyan (25 units sold in November, ASP S$1,905 psf, Far East), Lincoln Suites (15 units sold, ASP S$1,771 psf, a consortium), Marina Bay Suites (87 units sold, ASP S$2,159 psf, KepLand/CK) and Parvis (103 units sold, ASP S$1,507 psf, Hobee). We like the fact that demand in this segment was not all dominated by “shoe-box” units, suggesting to us that demand for high-end properties may be genuinely recovering.
Valuation and recommendation
Maintain Overweight. In our universe, we see Hobee (Outperform, target price S$1.95) and Allgreen (Outperform, target price S$1.50) as the main beneficiaries of a recovery in the mid to high-end market in 2010. We maintain our Overweight on the sector, seeing sector catalysts from the strong financial positions of developers and buyers, and improvements in the real economy. Other top picks in the sector at this juncture are UOL (attractive valuations), CityDev (market leadership) and CapLand (CMA boost and geographical diversification).
Senior
yeah, i was at a property auction last month. Shanghai One #10-03 was offered for sale and someone bid 1.08m for 883 sq ft, 1223psf. No one upped the bid so was done. Recent Dec caveat also shows a lower floor of 1210psf for #05-03.
F01 N54 Sheer Driving Pleasure
China's GDP per capita up
Agence France-Presse
Shanghai, China
Tuesday, 22 Decemeber 2009, 4.58 pm CCT
Chart showing the World Bank's GDP forecast for China which has been upgraded to 8.4% for 2009. - Photo: AFP
The average individual share of gross domestic product in China is expected to rise 14% next year, even as the gap between urban and rural incomes widens, state media reported on Tuesday.
GDP per capita is expected to reach nearly US$4,000 by the end of 2010 from US$3,500 at the end of this year, the China Business News reported, citing a report published by a government think tank.
Strong economic growth, slowing population growth and an expected appreciation in the yuan would underpin the increase, Li Peilin, a researcher at the Institute of Sociology of the Chinese Academy of Social Sciences and chief author of the report, was quoted as saying. However, the distribution of income was becoming 'increasingly unfair", Ms Li said.
In urban areas, disposable income per capita - already more than 3 times that in rural areas at the end of 2008 - would increase 10% in 2009, according to the report, which forecast social conditions in 2010.
But the increase in per capita disposable income for rural residents would be less than 7%, partly due to the impact of the global financial crisis on incomes for migrant workers, it said.
Newbie
show us Shanghai One and Watermark lah
why you show us only the high priced ones? people want to buy the good deals leh
Junior
Why buy Shanghai One? Where else other area prices went up this came down.
Junior
LOL
Reporter vs LEEporter
Senior
shanghai road condos for now will be lower than otehr becos it is surrounded by constructions .. behind Lattitude (finishing soon)
one side ..Nathan residences , front side RV SUITEs
so becos of that .. i suppose .. also Regent ?? in shanghai road .. i think can bargain 1250 psf
F01 N54 Sheer Driving Pleasure
He made us excited with his claim of $1,200 psf without any proof or facts.
We waited patiently for him to substantiate his claim. Instead of substantiating his claim, he starts giving instructions as if the forumers here are his slaves.
Strange person!
For $1200 i can buy almost new Freehold in River Valley! or near Mohd Sultan!
F01 N54 Sheer Driving Pleasure
离截止日还有6天 6153人抢购杜生组屋
新加坡讯
星期二, 22-12-2009, 3.30 pm
还有6天才截止申请，但女皇镇杜生预购组屋已有6153人抢购。其中以五房式和小型公寓（studio apartment）最为热卖，平均每个单位有7人申购。
《联合晚报》报道，杜生（Dawson）预购组屋共有1700多个单位。只供55岁以上者申请的小型公寓，只有40个，但287人申请，平均每个单位7人抢。
176个五房式单位已有1334人申请，平均一个单位对7.6人。
至于1102个四房式单位，则已有3838人申请；270个三房式单位有506人申请，都是超额申购。
F01 N54 Sheer Driving Pleasure
Err ... jlrx ... have you stopped preaching "propertism" lately?
Otherwise, why did somebody sell his CCR property within 3 months?
Junior
Ai ya, need cash for Xmas and CNY.
cash out, cash out
Junior
It doesn't matter.
The one who sold his property will not go to "propertism" heaven; while the one who bought will take his place.
Since I don't know who bought and who sold, it doesn't matter who I meet in "propertism" heaven.
For example,
Does it matter who is that infidel who sold his Sail on 22 Nov 08? or who is the propertism faithful who bought from him?
It doesn't matter. He might as well have sold it to himself.
Only those who believe that property prices must go up in the long term will be saved; whereas those who let go when property prices were plunging are not the truely faithful.
Do you disown your children when they are sick?
Senior
Those who let go of TS at 1200-1300psf early this year are the goons. As much as I think 3kpsf for TS is overpriced, I think selling at 1200-1300psf is cheap.
Senior
arent they flippers ?
so govt is not wrong ... signs of speculations emerging
F01 N54 Sheer Driving Pleasure
Hong Kong shop space goes for record US$90,000 psf (S$127,ÖÖÖ psf)
Agence France-Presse
Hong Kong
Tuesday, 22 December 2009, 1.57 pm CCT
The exterior of the Emperor jewellery shop on Canton Road in Hong Kong on December 22. The Hong Kong property market hit another high as Emperor International Holdings spent US$108 million to acquire the property. - Photo: Antony Dickson, AFP
A company run by Hong Kong's best-known entertainment mogul has paid a record US$108 million (S$151.7 million) for a shop in one of the city's busiest districts, a report said yesterday.
The sale of the 1,212-sqft outlet comes as the city's government tries to contain soaring property costs because of fears that they are getting out of control.
The price works out to about US$90,000 psf (S$127,ÖÖÖ psf), making it the city's most expensive retail space, the South China Morning Post reported, quoting an unnamed source.
"It is unknown if this is now the möst expensive shop in the world, but obviously it's a record in the city," real-estate agent Lawrence Wong told the daily newspaper.
The shop in Hong Kong's busy Tsim Sha Tsui district houses luxury retailer Empërör Watch & Jewellery, which is run by music tycoon Albert Yeung, the Post said.
Yeung's Empërör Entertainment Group has contracts with a host of Cantonese pop stars, who claim legions of fans in the city of 7 million.
An Emperor subsidiary, which had been leasing the space, bought the property because of "the investment value of the location and a basic need for the shop", the source told the paper.
The previous record for a Hong Kong retail space was set in May by Mr Yeung's brother, Ricky, who paid US$58,000 psf for a shop in the same neighbourhood, the Post said.
In October, Henderson Land Development said that it sold a 5-bedroom luxury residential duplex in Hong Kong's Mid-Levels area for an Asian record US$11,300 psf, or US$57 million.
Hong Kong's government is considering plans to rein in the city's real-estate prices as it grows concerned about a dangerous bubble building in the market.
The city has seen several record-breaking property sales in the past year, as wealthy mainland Chinese investors and low interest rates stoke demand.
F01 N54 Sheer Driving Pleasure
Rëcörd price for retail shop
H88
Wednesday, 23 December 2009, 15:29
Units at The Marq On Paterson Hill transacted at $5,262 psf in August 2007 and The Orchard Residences (above Ion) at $5,600 psf in October 2007. So you think our high-end condos are expensive? Wait till you hear about another ïnsänë retail shop purchase in Hong Kong - at $135,ÖÖÖ psf!
The 1,212 sqft shop is located at the busy Tsim Sha Tsui district and houses the luxury retailer Emperor Watch & Jewellery, owned by the music tycoon Albert Yeung.
At $135,000 psf, the shop transacted at $163m - you could buy 20 units at The Marq, or both Anson and VTB buildings in the CBD and still have cash left over.
I did some rough calculations; assuming we pave the entire floor of the shop in 2cm thick gold bars - it works out to be almost the same price, give or take a couple of million bucks.
I don't know about you guys, but that shop looks kinda run down, like something you'll see in Little India. What say you?
The exterior of the Emperor jewellery shop on Canton Road in Hong Kong, which was sold for US$108 million
Junior
Hi Ladies and Gentlemen
2009 is coming to an end. What a year. Firesale, selling @ loss, overnight price shot up.....now looking back seems to be a blink.
My prayer in heart for 2010 will be...
1) All the great pals I knew in the forum plus those who are the here to share or learn whoever you are all the best for 2010. God bless you with good health. Nothing beats a healthy heart.
2) Whatever next year may bring, we just keep our fingers cross. Up or down no one can tells. It's called market movement. One man loss, one man gain....
3) Whatever words or sentences exchanged between some parties here( Included me) hope you and me can forgive and forget. Sometimes may be fine to mention some pollution here and there but hope we do not has to cross the line.
Sigh....pai say. My english still needs to brush up....
Lastly, I be away for 2 weeks from Xmas. Promise wifey to bring her on a trip.
Merry Xmas and Happy New Year 2010.
See ya next year.
Cheers.
Newbie
Have a safe and blessed Xmas & New Year. Hope to hear from u when you returnHi Ladies and Gentlemen
2009 is coming to an end. What a year. Firesale, selling @ loss, overnight price shot up.....now looking back seems to be a blink.
My prayer in heart for 2010 will be...
1) All the great pals I knew in the forum plus those who are the here to share or learn whoever you are all the best for 2010. God bless you with good health. Nothing beats a healthy heart.
2) Whatever next year may bring, we just keep our fingers cross. Up or down no one can tells. It's called market movement. One man loss, one man gain....
3) Whatever words or sentences exchanged between some parties here( Included me
Sigh....pai say. My english still needs to brush up....
Lastly, I be away for 2 weeks from Xmas. Promise wifey to bring her on a trip.
Merry Xmas and Happy New Year 2010.
See ya next year.
Cheers.
F01 N54 Sheer Driving Pleasure
Thanks for the tips/advices thusfar.Hi Ladies and Gentlemen
2009 is coming to an end. What a year. Firesale, selling @ loss, overnight price shot up.....now looking back seems to be a blink.
My prayer in heart for 2010 will be...
1) All the great pals I knew in the forum plus those who are the here to share or learn whoever you are all the best for 2010. God bless you with good health. Nothing beats a healthy heart.
2) Whatever next year may bring, we just keep our fingers cross. Up or down no one can tells. It's called market movement. One man loss, one man gain....
3) Whatever words or sentences exchanged between some parties here( Included me
Sigh....pai say. My english still needs to brush up....
Lastly, I be away for 2 weeks from Xmas. Promise wifey to bring her on a trip.
Merry Xmas and Happy New Year 2010.
See ya next year.
Cheers.
Have a wonderful and blessed holidays!
By the way, do you need someone to cover you and manage your portfolio during this period?
Junior
Happy Holidays Everyone!
BE CENTRED BY ALL AT THE FRINGE OF THE CITY @
Senior
Hey Pal,
Have a wonderful trip.
Hi Ladies and Gentlemen
2009 is coming to an end. What a year. Firesale, selling @ loss, overnight price shot up.....now looking back seems to be a blink.
My prayer in heart for 2010 will be...
1) All the great pals I knew in the forum plus those who are the here to share or learn whoever you are all the best for 2010. God bless you with good health. Nothing beats a healthy heart.
2) Whatever next year may bring, we just keep our fingers cross. Up or down no one can tells. It's called market movement. One man loss, one man gain....
3) Whatever words or sentences exchanged between some parties here( Included me
Sigh....pai say. My english still needs to brush up....
Lastly, I be away for 2 weeks from Xmas. Promise wifey to bring her on a trip.
Merry Xmas and Happy New Year 2010.
See ya next year.
Cheers.
F01 N54 Sheer Driving Pleasure
亚洲商用房地产与货币 明年走势受业界看好
路透社
英国伦敦
星期三, 23-12-2009
因经济基本因素改善以及经济恢复增长，业内人士看好明年亚洲地区商用房地产和货币走势。
国际知名物业顾问公司戴德梁行表示，亚太地区商业房地产市场的投资交易额明年将保持增长，因经济恢复增长且银行体系持稳。
戴德梁行称，2009年该地区的交易活动总额达670亿美元 / 941亿新元（US$67 billion / S$94.1 billion），较去年增加22%。该公司并称，第四季的交易额为216亿美元（US$21.6 billion）。
戴德梁行亚太地区研究部门的主管戴维·格林摩根（David Green-Morgan）在一份报告中说：“尽管交易活动（在第四季）下滑，我们预计按年上升的趋势将持续到2010年。”
他说，这部分可归功于该地区大部分经济体恢复增长。此外，相对稳定的银行体系也“有助刺激借贷及改善机构配置。”
中国，澳洲和日本是地区内最活跃的市场，第四季的投资交易占总额的80%。
另据路透调查显示，明年亚洲区货币普遍升值，韩元在2010年底前料升11%。
韩元兑美元于2010年的汇价升幅将高于其他亚洲新兴市场货币，因经济基本因素改善，以及市场揣测韩国不久将升息。
根据调查，韩元兑美元汇价在2010年底前料升11%，而印度卢比明年底前料扬升6%。这两种货币将带领亚洲区内货币升势，分析员说，投资者相信亚洲的经济复苏程度将远较欧美等国家为大，吸引持续资金流入。
“我们非常看好亚洲区货币，因为它们的基本因素强劲。该区整体的货产负债情况较七国集团（G7）或10国集团（G10）为佳,”驻新加坡的花旗集团货币策略师甘地（Chintan Gandhi）说，“我们看好韩元，假如你看看它的估值，会是众多货币中最便宜之一。”
市场预期在环球金融危机期间暂停升势的人民币将会恢复升值，这将为亚洲货币加添上升压力，并减少干预制约汇率以维持竞争力的需求。
驻新加坡的Action Economics亚洲经济师科恩（David Cohen）说，“北京对人民币汇率的决定将左右区内货币的走向。”“没有任何一个亚洲经济体愿意自己的竞争力输给中国。”
分析师预期人民币将于明年下半年恢复升值，但将以渐进速度进行，料明年底前升值3%。
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