Centro

[Reporter]

Centro Residences missed its all-time hïgh of $1,289 psf.


Private Residential Units Sold in the Month of February 2010
Project Name ..... Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
Centro Residences . OCR ....... 112 ...................... 5 ........................... 1,223 ........... 1,220 ........... 1,161

[gosperence]

Wow...can't believe FEO still able to sell 5 units in Feb. I passed thru almost daily showroom so quiet. Heard this project is 57% sold last month.

[amk]

Wow...can't believe FEO still able to sell 5 units in Feb. I passed thru almost daily showroom so quiet. Heard this project is 57% sold last month.

where got 57% ? more like 34%: (112 over 329 total, although FEO can claim "not all released")

Personally I find the showroom is really a failure. It doesn't give u the urge to buy. Had the showflat been as impressive as The Vision, it would probably have done better

[teddybear]

Means doing up the show-flat with marbles everywhere (except in the brochure)?
What other branded stuffs they use in show-flat? (sorry, didn't view the show-flat, only heard from friends about the marbles but when they asked the agent, agent said marbles not included).

where got 57% ? more like 34%: (112 over 329 total, although FEO can claim "not all released")

Personally I find the showroom is really a failure. It doesn't give u the urge to buy. Had the showflat been as impressive as The Vision, it would probably have done better

[noblebaby]

Development on small land...

[Reporter]

Private Residential Units Sold in the Month of March 2010
Project Name ..... Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
Centro Residences . OCR ...... 113 ....................... 3 ........................... 1,282 ........... 1,253 ........... 1,194

[Reporter]

Going-6-year-old Nuovo EC has a nëw hïgh of $692 psf!
When will this old EC reach $700 psf?


Nuovo
Address ................................... psf ............ Area .......... Price .......... Contract Date
25 Ang Mo Kio Avenue 9 #15-15 .... $692 psf .... 1,119 sqft .... $775,000 .... 26 Mar 10

[shauntanzs]

Hi reporter, where did u get these info from?

[jhokc0007]

Heard about Centro but not really bother the location until I passed by today via MRT.

Noticed it is next to the bus interchange. Well. good luck to all buyers if you want to wake up early - even on weekends. The buses will definitely help you if you are an early bird.

[cl0ver]

Going-6-year-old Nuovo EC has a nëw hïgh of $692 psf!
When will this old EC reach $700 psf?


Nuovo
Address ................................... psf ............ Area .......... Price .......... Contract Date
25 Ang Mo Kio Avenue 9 #15-15 .... $692 psf .... 1,119 sqft .... $775,000 .... 26 Mar 10

Bishan Loft almost 8yrs resale around 800psf already....

[Reporter]

Oh! By the way, our favourite OCR $1,200+ psf Club may need to be renamed to OCR $1,300+ psf Club soon!

If there indeed is a name change, we hope to see The Vision, Horizon Residences and Centro Residences joining its pioneer members, The Rochester, Siglap V and Residences Botanique, soon. Others are welcomed!

It is very easy to join. You just need to be a OCR and hit above $1,300 psf.


For your info, we are in the midst of preparing a new club called EC $700+ psf Club.

You became the first OCR condo to consistently hit above $1,200 psf on a monthly basis and also setting the iconic $1,289 psf. Instead of enjoying appreciation and praises for your great effort, you were being mocked at and insulted at. You hanged on because you know the disbelivers were so foolish and so wrong! They have no idea that your ultimate aim is joining the OCR $1,300 psf+ Club - not some ordinay OCR $1,200+ Club.

Well congratulations! You have proven these disbelievers were fools by joining the OCR $1,300 psf+ Club with a nëw hïgh of $1,325 psf!


Private Residential Units Sold in the Month of April 2010
Project Name ..... Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
Centro Residences . OCR ....... 116 ...................... 3 ........................... 1,325 ........... 1,256 ........... 1,256

[ay123]

so long did'nt hear news on centro le. just curious hows the sales now?

[Komo]

It's at an excellent location. But project really tests the price limit for LH. I doubt if there is any investment value and rather risky with long term exposure. It just take anytime for the market may pull back and the bank may call for top-up. Buyer better keep some cash buffer or liquid asset. Just my take.

[kane]

i used to think suburban Centro was a real stretch at 1250-1300psf. the buyers of Waterbank for reasons known only to themselves, took that perception of benchmarks for suburban development, and blew it right out of the water.

[Reporter]

Going-6-year-old Nuovo EC has a nëw hïgh of $698 psf!
When will this old EC clear the $700-psf hurdle?


Nuovo
Address ................................... psf ............ Area .......... Price ............ Contract Date
23 Ang Mo Kio Avenue 9 #07-08 .... $698 psf .... 1,550 sqft .... $1,082,000 .... 20 May 10

[cashrich]

for Resale EC's, Look at new ECs island wide... plus some premium for better locations. Age does not matter in LH99 properties except when it is too old such as less than 30 years lease?

EC is a good choice for entry level investors. Lower quantum and better chances of becoming a winner.

[Komo]

for Resale EC's, Look at new ECs island wide... plus some premium for better locations. Age does not matter in LH99 properties except when it is too old such as less than 30 years lease?

EC is a good choice for entry level investors. Lower quantum and better chances of becoming a winner.

What do u think of bishan loft? Bad quality bad design excellent location. Good buy?

[teddybear]

Contradictory statements
If age does not matter in LH99 properties, why it cannot be older than 59 years old?
Even when the LH99 is 30 years old, I doubt buyers can easily find banks to finance the purchase.

for Resale EC's, Look at new ECs island wide... plus some premium for better locations. Age does not matter in LH99 properties except when it is too old such as less than 30 years lease?

EC is a good choice for entry level investors. Lower quantum and better chances of becoming a winner.

[devilplate]

i used to think suburban Centro was a real stretch at 1250-1300psf. the buyers of Waterbank for reasons known only to themselves, took that perception of benchmarks for suburban development, and blew it right out of the water.

den how come D8 and D5(jus to name a few) ppty can hit more den 1300psf? ur comments sounds funny

[cashrich]

Contradictory statements
If age does not matter in LH99 properties, why it cannot be older than 59 years old?
Even when the LH99 is 30 years old, I doubt buyers can easily find banks to finance the purchase.

Who needs the bank? When they don't need the bank, they can do magic.

Age really don't matter lah... it only matters to those who needs loans.

[cashrich]

Contradictory statements
If age does not matter in LH99 properties, why it cannot be older than 59 years old?
Even when the LH99 is 30 years old, I doubt buyers can easily find banks to finance the purchase.

Who needs the bank? When they don't need the bank, they can do magic.

Age really don't matter lah... it only matters to those who needs loans.

[cashrich]

What do u think of bishan loft? Bad quality bad design excellent location. Good buy?

Totally agree... really bad small corridor... get a real beating from rain... and you have floods in front of your door hahahah

Location is good....

Design so so...

I would think that it is not worth to buy now. Its a great deal in 04/05's... but well, all can say so on hinesight. Missed the boat in a rising tide? Don be too eager to jump in on a subsiding tide.

[Regulators]

there are practically no listings for any 1119sf units at Nuovo, have you come across any so far?

Going-6-year-old Nuovo EC has a nëw hïgh of $698 psf!
When will this old EC clear the $700-psf hurdle?


Nuovo
Address ................................... psf ............ Area .......... Price ............ Contract Date
23 Ang Mo Kio Avenue 9 #07-08 .... $698 psf .... 1,550 sqft .... $1,082,000 .... 20 May 10

[cashrich]

25 Ang Mo Kio Avenue 9 #15-16
99 Yrs From 02/05/2001
$717
1119
$803k
15 Jun 10

Done deal there.

At least 2 1119 available for rent at property guru. One unit is available for sale at valuation price at $780k. "Faster Grabbb" hahaha.

[kane]

the facing for the 1119sqft units are the poorer ones.

[2824]

where are they facing? west sun?

the facing for the 1119sqft units are the poorer ones.

[Wee Boon]

Recently Centro release high floor units
(above 28) ... anyone know the price?

[ecimbew]

20 Nov 2011

[kane]

20 Nov 2011

Didn't realize centro was that broad when position with grandeur 8 in the view.

[azeoprop]

AMK is starting to look like toa payoh with all the ultra high rise building popping up everywhere.