Page 10 of 15 FirstFirst ... 567891011121314 ... LastLast
Results 271 to 300 of 449

Thread: Southbank (D7, Leasehold, UOL Group)

  1. #271
    Join Date
    Nov 2008
    Posts
    9,217

    Default CAVEAT IN DEC HIT NEW HIGH OF $1700PSF

    881 North Bridge Road #37-09
    99 Yrs From 27/01/2006
    $1701
    614
    $1043k
    02 Dec 10

  2. #272
    Join Date
    Feb 2009
    Location
    峨眉山
    Posts
    5,512

    Default

    Shocking. But thats v v v high floor...

  3. #273
    Join Date
    Nov 2008
    Posts
    9,217

    Default

    I am not really surprised with good view and near mrt and just outside CBD.
    Quote Originally Posted by mcmlxxvi
    Shocking. But thats v v v high floor...

  4. #274
    Join Date
    Apr 2010
    Posts
    15,307

    Default

    Quote Originally Posted by DC33_2008
    881 North Bridge Road #37-09
    99 Yrs From 27/01/2006
    $1701
    614
    $1043k
    02 Dec 10
    1mil for a 1bedder and not even in CCR...clap clap hooray

  5. #275
    Join Date
    Nov 2008
    Posts
    9,217

    Default

    How high can it go next year?
    Quote Originally Posted by devilplate
    1mil for a 1bedder and not even in CCR...clap clap hooray

  6. #276
    Join Date
    Jul 2010
    Posts
    2,890

    Default

    At least 10 percent by end of next yr.

  7. #277
    Join Date
    Apr 2009
    Posts
    2,009

    Default

    Quote Originally Posted by devilplate
    1mil for a 1bedder and not even in CCR...clap clap hooray
    Recent transaction 1 bedder at citylights can achieved 1688psf.. so nothing to clap clap for southbank 1701psf lah

  8. #278
    Join Date
    Dec 2008
    Posts
    933

    Default

    Quote Originally Posted by Rysk
    Quote Originally Posted by devilplate
    1mil for a 1bedder and not even in CCR...clap clap hooray
    Recent transaction 1 bedder at citylights can achieved 1688psf.. so nothing to clap clap for southbank 1701psf lah
    double clap for both projects

  9. #279
    Join Date
    Nov 2008
    Posts
    9,217

    Default

    You are referring to:

    6 Jellicoe Road #34-19
    99 Yrs From 05/01/2004
    $1688
    560
    $945k
    26 Nov 10

    High floors with good views are hitting new highs. Good for both projects.

    Quote Originally Posted by Rysk
    Recent transaction 1 bedder at citylights can achieved 1688psf.. so nothing to clap clap for southbank 1701psf lah

  10. #280
    Join Date
    Apr 2009
    Posts
    2,009

    Default

    Quote Originally Posted by DC33_2008
    You are referring to:

    6 Jellicoe Road #34-19
    99 Yrs From 05/01/2004
    $1688
    560
    $945k
    26 Nov 10

    High floors with good views are hitting new highs. Good for both projects.
    Anyway, next year will see more record breaking price & psf loh

  11. #281
    Join Date
    Nov 2010
    Posts
    4

    Default

    I'm interested in Southbank for my own stay. However, after the new measures, some people told me that since Southbank has gained so much since the beginning of last year, there might be a big correction with the new measures. How do you think? Thanks a lot.

  12. #282
    Join Date
    Apr 2010
    Posts
    15,307

    Default

    Quote Originally Posted by fcheng
    I'm interested in Southbank for my own stay. However, after the new measures, some people told me that since Southbank has gained so much since the beginning of last year, there might be a big correction with the new measures. How do you think? Thanks a lot.
    SB really increase quite a fair bit....how about further away like dakota residence?? SB better choice if for rental play though...

  13. #283
    Join Date
    Nov 2010
    Posts
    4

    Default

    dakota also picked up quite some recently, didn't it?

  14. #284
    Join Date
    Apr 2010
    Posts
    15,307

    Default

    Quote Originally Posted by fcheng
    dakota also picked up quite some recently, didn't it?
    not as much compared to SB and i believe prices r suppressed at DR partly due to WB construction

  15. #285
    Join Date
    Oct 2010
    Posts
    1,420

    Default

    don't expect firesales. rental is quite decent in sb, so the owners can hold.... For firesales to happen, the sellers has to be desperate. I don't see desperate leh?

  16. #286
    Join Date
    Nov 2008
    Posts
    9,217

    Default

    Depending on when they purchase the unit, some one bedder units can fetch 6% rental yield while the two bedder units can have at least 5% Rental at SB. Even with the the recent two bedder sale at Southbank at $1500psf, new owner can still fetch at least 3.8 - 4% rental yield. Difficult to have fire sale here.
    Quote Originally Posted by sh
    don't expect firesales. rental is quite decent in sb, so the owners can hold.... For firesales to happen, the sellers has to be desperate. I don't see desperate leh?

  17. #287
    Join Date
    Apr 2010
    Posts
    15,307

    Default

    Quote Originally Posted by DC33_2008
    Depending on when they purchase the unit, some one bedder units can fetch 6% rental yield while the two bedder units can have at least 5% Rental at SB. Even with the the recent two bedder sale at Southbank at $1500psf, new owner can still fetch at least 3.8 - 4% rental yield. Difficult to have fire sale here.
    one thing for sure: u wun get to smell firesale from bro DC

  18. #288
    Join Date
    Nov 2008
    Posts
    9,217

    Default

    You too. I hope you are right.
    Quote Originally Posted by devilplate
    one thing for sure: u wun get to smell firesale from bro DC

  19. #289
    Join Date
    Nov 2010
    Posts
    4

    Default

    Quote Originally Posted by DC33_2008
    Depending on when they purchase the unit, some one bedder units can fetch 6% rental yield while the two bedder units can have at least 5% Rental at SB. Even with the the recent two bedder sale at Southbank at $1500psf, new owner can still fetch at least 3.8 - 4% rental yield. Difficult to have fire sale here.
    But the question is whether the rental is sustainable? 4.5K - 5K monthly rental for two bedder units ... I have more and more expatriate friends moving to less expensive places. Two years ago, the rent was around 3.5K, USD/SGD was above 1.5 and EUR/SGD was above 2. Now USD/SGD is below 1.3, and EUR/SGD is struggling with 1.7 ... So expatriate market should be around its upside unless we get more and more Aussie friends here after the flood. For local rentals, I'm not familiar and your advice is much appreciated.

  20. #290
    Join Date
    Nov 2008
    Posts
    9,217

    Default

    Tenants' profile may be different here. They may be working in the financial sector, ie. suntec, shenton and marina bay area.
    Quote Originally Posted by fcheng
    But the question is whether the rental is sustainable? 4.5K - 5K monthly rental for two bedder units ... I have more and more expatriate friends moving to less expensive places. Two years ago, the rent was around 3.5K, USD/SGD was above 1.5 and EUR/SGD was above 2. Now USD/SGD is below 1.3, and EUR/SGD is struggling with 1.7 ... So expatriate market should be around its upside unless we get more and more Aussie friends here after the flood. For local rentals, I'm not familiar and your advice is much appreciated.

  21. #291
    Join Date
    Nov 2010
    Posts
    4

    Default

    Quote Originally Posted by DC33_2008
    Tenants' profile may be different here. They may be working in the financial sector, ie. suntec, shenton and marina bay area.
    I'm working in banking sector. On one hand, which is good - there are more and more expatriates from US / Europe these days; on the other hand, which is not good - if the rental (normally covered or partially covered by the employer) is keeping this level and SGD is getting stronger, with the planning to increase GST, Singapore will become less and less attractive than HK from the employer point of view ...

  22. #292
    Join Date
    Apr 2010
    Posts
    15,307

    Default

    Quote Originally Posted by fcheng
    I'm working in banking sector. On one hand, which is good - there are more and more expatriates from US / Europe these days; on the other hand, which is not good - if the rental (normally covered or partially covered by the employer) is keeping this level and SGD is getting stronger, with the planning to increase GST, Singapore will become less and less attractive than HK from the employer point of view ...
    and den SG become hero to stop hot monies....1bil comes in..retain 10pct aso shiok rite? hehe

  23. #293
    Join Date
    Oct 2010
    Posts
    1,420

    Default

    Quote Originally Posted by fcheng
    I'm working in banking sector. On one hand, which is good - there are more and more expatriates from US / Europe these days; on the other hand, which is not good - if the rental (normally covered or partially covered by the employer) is keeping this level and SGD is getting stronger, with the planning to increase GST, Singapore will become less and less attractive than HK from the employer point of view ...
    I thought employment in banking sector is tight. Reports of bankers getting hefty pay rises galore...

    Great for landlords leasing to bankers....

  24. #294
    Join Date
    Nov 2008
    Posts
    9,217

    Default SOUTHBANK CAVEAT PRICES ARE STILL STRONG @ $1659 psf

    881 North Bridge Road #27-12
    99 Yrs From 27/01/2006
    $1659
    904
    $1500k
    27 Jan 11
    881 North Bridge Road #18-12
    99 Yrs From 27/01/2006
    $1548
    904
    $1400k
    25 Jan 11
    881 North Bridge Road #21-08
    99 Yrs From 27/01/2006
    $1430
    958
    $1370k
    13 Jan 11
    881 North Bridge Road #22-08
    99 Yrs From 27/01/2006
    $1441
    958
    $1380k
    05 Jan 11

  25. #295
    Join Date
    Apr 2010
    Posts
    15,307

    Default

    prices on par with river valley

  26. #296
    Join Date
    Nov 2008
    Posts
    9,217

    Default

    Good for CL too.
    Quote Originally Posted by devilplate
    prices on par with river valley

  27. #297
    Join Date
    Sep 2009
    Posts
    92

    Default

    My friend who bought at $1000psf just sold to one Indonesian young couple at S$2000psf, record price !

  28. #298
    Join Date
    Oct 2009
    Posts
    1,857

    Default

    Quote Originally Posted by TOP
    My friend who bought at $1000psf just sold to one Indonesian young couple at S$2000psf, record price !
    100% profit!

    But assuming his DP only 20% - his returns are 500%!!

  29. #299
    Join Date
    Apr 2010
    Posts
    15,307

    Default

    Quote Originally Posted by TOP
    My friend who bought at $1000psf just sold to one Indonesian young couple at S$2000psf, record price !
    sure anot 2kpsf ?? for southbank?? abit too much la....clift only 20xxpsf....haha

    such a good lobang! i love foreigners....why i cant smell them

  30. #300
    Join Date
    Apr 2010
    Posts
    15,307

    Default

    Quote Originally Posted by mantrix
    100% profit!

    But assuming his DP only 20% - his returns are 500%!!
    developer launch price 7xx-8xxpsf nia i tink....hahaha

Similar Threads

  1. How much you need to pay for staying in a 2 bedroom at Southbank.
    By Arcachon in forum Inner City / Southern Coast
    Replies: 0
    -: 27-11-21, 08:17
  2. Replies: 7184
    -: 08-03-14, 13:29
  3. Replies: 45
    -: 10-05-13, 22:17
  4. Southbank SOHO units up for sale
    By reporter2 in forum En Bloc Discussion and News
    Replies: 2
    -: 10-08-12, 00:05
  5. Leasehold Vs 999
    By crystech in forum Singapore Private Condominium Property Discussion and News
    Replies: 57
    -: 12-06-12, 21:34

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •