Optima (D16, 99 years leasehold, TID <Hong Leong / Mitsui Fudosan>)

[venus]

Congrats on finding an ideal place that meets your requirements! In fact your views are pretty balanced... at least to me...

Thank you. This is a public forum for everyone to exchange views. Sometimes ppl dun agreed with one another...thats alright. As long as there is no personal attack, profanities and name callings it's fine.

[proud owner]

Thank you. This is a public forum for everyone to exchange views. Sometimes ppl dun agreed with one another...thats alright. As long as there is no personal attack, profanities and name callings it's fine.

is it true its sold out ??


if it is .. this thread is be quiet soon ...just liek metropolitan .. hardly any input .. come TOP lagi worse ..

[noblebaby]

but waterfront waves will b an exception... Lol

is it true its sold out ??


if it is .. this thread is be quiet soon ...just liek metropolitan .. hardly any input .. come TOP lagi worse ..

[venus]

but waterfront waves will b an exception... Lol

yes confirmed 100% sold as at yesterday.

So envious of WFW owners so united. poor me the only one here ....sob sob.

[noblebaby]

Dont be sad... In WFW, we hav come a long way...

yes confirmed 100% sold as at yesterday.

So envious of WFW owners so united. poor me the only one here ....sob sob.

[proud owner]

Dont be sad... In WFW, we hav come a long way...

i am happy for the WFW owners..really good spirits ..

so i can only conclude that the buyers of WFW are people who buy to stay ..

[spec008]

congrats to all optima buyers...i am NOT one of them...

Optima flippers in action already
The word "flip", "flipper" and "flipping" has rarely been mentioned since the property market cool down in September 2007. However things seem to be a changing...

Amongst rumors of property agents grabbing a few coveted units for themselves at Optima@Tanah Merah, we have sighted the first signs of flippers even before ink on the options have dried.

One of our sources that wish to remain anonymous spotted units in Optima@Tanah Merah being flipped in an agent multi-listing system:

"SOLD OUT PROJECT!! OPTIMA @ TANAH MERAH PREMIER STACK 17, 2+STUDY, 947SQFT, #04, #06, #07 $993psf. CALL: 985XXXXX - Charles"

So an uncompleted two bedroom in Tanah Merah is now asking for $940k. Oh, and expect more ads from Optima@Tanah Merah flippers in the papers tomorrow.


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Optima@Tanah Merah completely sold out
Well folks, it seems that there is no end to this buying frenzy and it's just getting worse. We have just received word that Optima@Tanah Merah was completely sold out this afternoon.

We know its just beside the MRT, but with prices edging close to S$1,000psf for a condo at the very edge of District 16 (we're talking about Tanah Merah after all), we wonder if the frenzy is just feeding the frenzy.

2BR and 2+1BR units went for about S$860psf, 3BR were going for S$820psf. Studios were hitting close to the S$1,000 psf mark.

[driftwave]

come join us....we welcome u too....hehehe....

yes confirmed 100% sold as at yesterday.

So envious of WFW owners so united. poor me the only one here ....sob sob.

[venus]

come join us....we welcome u too....hehehe....

I would love to....but i'm broke now after buying optima

[ngloong]

hi venus, which stack you bought ?

[Regulators]

what is ur motivatn to pay 9xxpsf for tanah merah ?

I would love to....but i'm broke now after buying optima

[Property_Owner]

what is ur motivatn to pay 9xxpsf for tanah merah ?

share leh. I know sure have people bought new launch recently but most of them keep quite. You must tell us.

[mr funny]

http://www.straitstimes.com/Money/St...ry_411987.html

August 4, 2009 Tuesday

Sold out in 3 days

297-unit Optima homes sold for around $810 psf; other launches also see strong demand

By Joyce Teo, Property Correspondent


SINGAPORE may still be mired in recession, but tell that to the home hunters who are flocking to the latest launches.

In the east, a new 297-unit condominium development on the doorstep of Tanah Merah MRT station completely sold out in the three days that followed its preview last Thursday.

Units at Optima went for an average price of around $810 per sq ft, or from $470,000 to $2.06million per unit.

Demand remained strong even after developer TID - a joint venture between Hong Leong Group and Mitsui Fudosan - raised prices by 5per cent, from $790 psf on Thursday to $830 psf by Friday.

Keen buyers were already seen queueing days before the launch of the 99-year leasehold condominium.

And TID had to conduct a ballot of 120 units for 300 buyers just before midnight on Thursday to prevent them having to camp out overnight for the public launch the next day.

Buyers were a good mix of HDB upgraders and investors, said the Hong Leong Group spokesman.

City Developments has now put on fast track the launch of its 396-unit project at the former Hong Leong Garden condominium site.

Over in Ang Mo Kio, another new suburban launch has attracted relatively strong demand, though some price resistance may have settled in over the weekend.

The 329-unit Centro Residences has sold 93 out of the 144 units that were released for sale last week.

Most of the units sold were two- to three-bedders. The smallest two-bedders have been sold, leaving those from 872sqft and above, and priced from $1million.

Far East Organization said yesterday that 50per cent of the buyers are HDB upgraders from nearby towns, while the rest are residents from private estates.

Prices at the 99-year leasehold condominium started from $1,100 psf - a price level more typical of city-fringe or prime projects, property watchers observed.

'Such prices can get you a freehold condo in Upper Bukit Timah,' said Mr Nicholas Mak, a former property consultant. 'Buyers should be a bit more rational. Demand at such price levels shows that some buyers may be getting carried away by the current euphoria.

'If they are hoping for capital appreciation, they must ask themselves who is going to buy from them at an even higher price when a three-bedroom unit in a suburban project is usually priced less than $1,000 psf,' he added.

Elsewhere, some other fairly new launches continued to attract buyers, but at a much slower pace.

Waterfront Key in Bedok Reservoir sold another eight units at an average price of $735 psf, bringing total sales to 193 out of 278 released units.

At the 329-unit The Gale in Flora Road, sales remained around the 90per cent level cited late last week.

[email protected]

[driftwave]

hahaha...its ok....u can come join us at our little party when TOP. Then u can invite us all over when ur turn comes....frankly speaking, I have not been to Optima showroom....so its a good time to view it 3yrs down...

I would love to....but i'm broke now after buying optima

[fclim]

The government has spoken. Unfortunately, this will lead to more frenzy as people will rush to buy now in case the government starts implementing new policies, such as increasing the cash component to 10%, higher stamp duties, CPF restrictions etc, which will put their dream homes out of reach.

[venus]

Thank Q so much for taking me in. I feel like an orphan all alone here Now I feel the warmth of kampong spirit

I last heard they may keep the showflt opened for 2 wks for buyers to hv a better look since it was too chaotic the 1st 2 days.Such a waste to tear it down after few days rite? Go and get some ID ideas for your new plc also gd mah. Ken very free (got so much time to take pics) can go chk if its open.

hahaha...its ok....u can come join us at our little party when TOP. Then u can invite us all over when ur turn comes....frankly speaking, I have not been to Optima showroom....so its a good time to view it 3yrs down...

[kEN9170]

haha...yes i will go down to check it out...of coz with my camera

Thank Q so much for taking me in. I feel like an orphan all alone here Now I feel the warmth of kampong spirit

I last heard they may keep the showflt opened for 2 wks for buyers to hv a better look since it was too chaotic the 1st 2 days.Such a waste to tear it down after few days rite? Go and get some ID ideas for your new plc also gd mah. Ken very free (got so much time to take pics) can go chk if its open.

[venus]

share leh. I know sure have people bought new launch recently but most of them keep quite. You must tell us.

Was wondering got 297 buyers how come I'm the only one here. Dunno to call myself hero or dumb to own up

I don't want to talk about my new buy anymore lah. u didn't see how I kena whacked left right centre yesterday? So many guys bully one lady nursing my injury now

[venus]

haha...yes i will go down to check it out...of coz with my camera

Hey post one with your handsome face in it ok?

[driftwave]

Great! Walking distance from ur home...hahaha....Remember to take more nice pictures ok? Thks!

haha...yes i will go down to check it out...of coz with my camera

[kEN9170]

I will skip the bathrooms...

Hey post one with your handsome face in it ok?

[driftwave]

Thks heroine but don't think i have the chance lah....been very tied up recently....probably u can come over to WFW thread to chit chat....at least won't get hantum...wahahaha....

Thank Q so much for taking me in. I feel like an orphan all alone here Now I feel the warmth of kampong spirit

I last heard they may keep the showflt opened for 2 wks for buyers to hv a better look since it was too chaotic the 1st 2 days.Such a waste to tear it down after few days rite? Go and get some ID ideas for your new plc also gd mah. Ken very free (got so much time to take pics) can go chk if its open.

[driftwave]

tats a good one! Anyway, if i ever see someone taking photos with a SLR at WFW then I noe its u...hahaha.....

I will skip the bathrooms...

[sleek]

Thank Q so much for taking me in. I feel like an orphan all alone here Now I feel the warmth of kampong spirit

I last heard they may keep the showflt opened for 2 wks for buyers to hv a better look since it was too chaotic the 1st 2 days.Such a waste to tear it down after few days rite? Go and get some ID ideas for your new plc also gd mah. Ken very free (got so much time to take pics) can go chk if its open.

Think they will keep the showflats until all options are exercised la.

Congrats on your purchased as used to live nearby too and always enjoy hanging out at Simpang Bedok Sarabat Stall.

[venus]

tats a good one! Anyway, if i ever see someone taking photos with a SLR at WFW then I noe its u...hahaha.....

ya ya rub it in guys

hmmm...administrator so inefficient

[venus]

Think they will keep the showflats until all options are exercised la.

Congrats on your purchased as used to live nearby too and always enjoy hanging out at Simpang Bedok Sarabat Stall.

I used to stay around there too. you lived in one of the landed?

[sleek]

I used to stay around there too. you lived in one of the landed?

No la, the HDB behind so we always cycle there as well as Bedok Corner for supper.

Btw, also one of those buyers who kena humtum left-right-center for the other sell-out project 8@W.

[noblebaby]

how you know he is using an SLR?

tats a good one! Anyway, if i ever see someone taking photos with a SLR at WFW then I noe its u...hahaha.....

[venus]

I will skip the bathrooms...

Actually I'm not the one in the pic. Im the one on the left side with hp held up in my hand but face hidden. Right ken?

[noblebaby]

now Optima is more popular than WFK....