Managed to get a unit but because I was balloted late i didn't managed to get the floor i wanted . It is a 2 bedder on the quieter facing.Originally Posted by bargain hunter
Managed to get a unit but because I was balloted late i didn't managed to get the floor i wanted . It is a 2 bedder on the quieter facing.Originally Posted by bargain hunter
Wow JshOriginally Posted by jsh
Thank you so much for the info
Yes! Your guesses are around there. The showroom is indeed very packed the 4 bedder which is on the 2nd floor of the showroom you cannot happy happy just walk up and view. You need to queue because they scared too many people on the 2nd floor wait the floor collapse! Sort of like waiting for the corresponding number of audience to come down before you and your friends / agent can go up! Wah Lan A!Originally Posted by bargain hunter
But having said that, I was a bit disappointed they giving Homo Tiles for the flooring; the 2nd bedroom is a tad smaller and overall impression of the project and its finishing is so-so only...![]()
Wah, this kind of news will make headlines tomorrow alredi!!!!!! Property prices - Cheong Arhhhhhhhhhhhhhhh!!!!!!!!!!!!!!!Originally Posted by Antz621
![]()
Perhaps tomorrow headline is heavily influenced by today's "premium" headline?Originally Posted by moneyspinner
Anyway, let those reporters work out tomorrow headline while I let those "premium" F1 cars zoom pass me by.
Got to go. The Porsche Carrera Cup Asia practise is on now.
Originally Posted by The Business Times
Good Good..guess CDL share should jump next week...waiting for more capital gain...
hehehe, i managed to make it to the showroom at 9+, it was still open but just about to close by the time i left at 9.30. no more queue for 4 bedder showroom.latest is 200+ units sold out of less than 300 released. don't have exact figures. however, 2 whole stacks of 2+study on the 2 ends of the development released but ZERO takers. only the 1 bedrooms are sold out. 2, 2+study, 3 and 4 bedders still have available units. not as hot as optima but not too bad considering last monday's announcement. Headline but not really that attention grabbing i feel. i think it won't be so easy to sell out judging from the 2 whole stacks of 2+ study no takers at all.
Originally Posted by Antz621
Why no takers for the 2 whole stacks of 2+study at the two ends of the development? Is there something wrong with them?Originally Posted by bargain hunter
![]()
i'm interested to know how this will affect the price in the surrounding area; 2 bedders at 786sqft only going for ~900psf.
Think owners of Carabelle, Botannia, Infiniti owners can reduce their selling prices to less than 800psf given tat these 3 locations r far worse than Hundred Trees, more crowded and older![]()
Originally Posted by Allthepies
well...u can wait long longbb
why??Originally Posted by boeing777
with Hundred Trees so many units left, why not?
implying that demand in that area is not as strong as expected, bubbble bursting first at clementi AYE?
![]()
stacks 3,8,11,15,19,20 & 24 are 2+study . They only launched stacks 8,15 &19 in the morning when i was there. WHEN I left at 2 pm stacks 8 & 19 were sold out with maybe 2-3 units left on stack 15. So unless they release new stacks at the last minute before closing I am not sure what you mean by no takers for 2 whole stacks.Originally Posted by jlrx
Can you guys please get your facts right before posting. I was there in the morning & early afternoon. I noted the no. of stacks released & sold by the time I left at 2pm today. 11 stacks out of 19 stacks released completely sold out . So I would conservatively estimate that at least 65-70% of units were sold. I believe this is good demand by any standard.Originally Posted by Allthepies
It will be good if u can furnish us with the take-up rate for 3,3+S and 4 bedders. These are the units with >1mil quantum. The take-up rate of these larger units is a better reflection of the demand.Originally Posted by jsh
sorry to have started the confusion guys.let me clarify post by post.
I was there at 9.30 just before the close so maybe mine is a little more updated.
I believe more stacks have been released but the take up rate is still the same 65 to 70% of released units sold and forgot to congratulate you on your purchase.![]()
Originally Posted by jsh
the two 2+study stacks which are released (probably after you left) but zero take up are stacks 3 and 24. I think the reason for this is that they are at 2 extreme ends facing AYE yet not much of a pool view.
Originally Posted by jsh
i only saw 4 bedders released 35 units, about half are sold. not sure about the other 2 categories (but take up rate should be better). ave price is around 1.3m or just under 900psf.
Originally Posted by Allthepies
the 786sq ft 2 bedders are going for 940psf to 10xxpsf so average is around just under 800k. But yeah, i think those other condos 2 bedders prices should be capped below 800k as well.
Originally Posted by Allthepies
I get the picture now. Stacks 3 and 24 were released later, after jsh has left in the afternoon.Originally Posted by bargain hunter
Maybe in the evening the showroom has run out of buyers, or the buyers have run out of steam ...
How times have changed. Now even West Coast and Ang Mo Kio are talking about $1000+ psf !!!???Originally Posted by bargain hunter
![]()
Last time that was supposed to be prime district pricing.
Very soon, even Johor Bahru will be $1,000+ psf.
I've always been puzzled, now somehow convinced that Singaporean are quite ok with road traffic noise, it appears to me that near highway projects are not discounted vs. quieter projects.
Yep now there is one seller and many buyers, so everyone get caught up with the hype, they will be heavily discounted vis a vis quieter projects in the resale market, when all the hype has died and there are many sellers and few buyers. Economics 101.Originally Posted by chenjdd
So any buyers on this forum buy for own stay? I am trying to find out why they buy? It is already stated by a former resident that this location is not convenient as it is not near MRT at all, it is diffferent if you try to walk once or twice to try out and having to walk to MRT everyday. All amenities also must walk so far, or must drive out.
Also why must buy this development? All units AYE facing or afternoon sun facing, if it was me I would just walk away as no facing is good, so why compromise? You may stay there for life if you cant get sellers, aircon the whole day? Electricity bill will kill you, don't open windows for the source of discomfort? Why pay so much to suffer in stuffy house? Unless I can afford a no compromises private property, I would rather stay in quiet, breezy and nice HDB, with market and food stalls and all amenities imaginable at your door step.
I am curious, to why people buy into such developments for own stay.
People buy for different reasons. Some people value privacy and do not like markets, foodstalls or Kopi Tiam at doorstep. Anyway, the marketing of the landscaping and facilities by CDL is excellent. The marketing team of CDL did a good job....just look at the website on how they crave out "Hundred Trees" concept and associated it with memories. It is a very unique home no doubt... this Hundred Trees.Originally Posted by xebay11
![]()
The marketing is indeed good. But I still can't get over the fact that it does not have a rubbish chute in the unit. I wonder why CDL start off with this design, just like Botannia.Originally Posted by Kenshinto80
Originally Posted by bargain hunter
The other 2 condo 2 bedders are bigger by 100 to 200 sq ft. if the reference price of hundred trees is any guide, those other condos should exceed 800k
I still dont understand why is there a rush for new condos. You buy now with 20% and only enjoy it 3 yrs later. For current offerings, they give you planter boxes, balcony (somemore 2 in this development for 4 bedder), bay window and worse of all homo tiles. For 900psf price level, there are lots of value buy out there if we are not fixated on spanking new condos.
Who understand? The 3 project near 100 tress are selling cheaper, who no one rush to buy?Originally Posted by Sunnysideup
Optima was launch 8xx to 9xx right? Casa Merah was selling 7xx then, why people still choose optima?
I don't think so, now sellers at these 3 projects (botannia/carabelle/infiniti) are asking for similar prices to Hundred Trees even though these 3 projects are even further from Clementi central and amenities. So which will u choose if u die die have to buy here?Originally Posted by Property_Owner
![]()
did they sell 200 units within hours?Originally Posted by Allthepies
at current interest rate and over valued HDB prices, most pple will be comfortable to launch into new condos pushing 1000psf. let see how will they react when interest creep up to 4% at TOP. Similarly if 200 units can be snapped up in a matter of hours, let reverse the scenario that pple can also exit in masses when things turn bad. well for me i am not a risk taker so i never dare venture into 800 psf leashold let alone 1000psf fh.