Newbie
serious?Originally Posted by Komo
Then they better come up quick with "high class" service & facilities eg dedicated parking lots of at least 3 lots, valet parking, receptionist, call for cab service, chaffeur service, chef service,
i tink mass in the sense, there are over 1000 units for the development, so it is a mini village by itself. so perhaps a primary school shd be built within in the near future development.
Junior
If not mistaken there is one primary school down the road. But a new primary school is sure needed for the high social class here.serious?
i tink mass in the sense, there are over 1000 units for the development, so it is a mini village by itself. so perhaps a primary school shd be built within in the near future development.
Newbie
How is the sales of interlace doing at the moment?
Junior
I think left 200+ units only
Newbie
This development has been quiet for awhile...
Any progress so far since this last posting in March?
Senior
Last saturday's Interlace sales advertisement does not even mention Labrador mrt stn opening as it is just too far away. The container like structure is certainly forming.
Newbie
Total number of units=1040
Total launched=900
Total sold=689
Total launched but not sold=211.
Newbie
200+ unsold units is quite a lot. Will Capland cut prices?
Newbie
Cut one, sure must cut all - so hold steady first.
If shit hit the fan, then consider dropping.
Maybe you can counter-offer the agent if interested
Newbie
From URA's website, the median psf is around $1100psf, (excluding those below 1k sq ft).
I am sure CapLand would have kept the good facing ones for a later launch. If a price cut does come about, I would be keen though. I love the "container-designed" homes...very iconic indeed.
Newbie
How much Capland bought at during the enbloc?
How much they selling now?
I think no need to cut prices so soon...
Junior
cut price ? if anything it will raise price ! the last highest "container" have not been released yet (except one unit sold to Liew himself)
CAPL bought Gillman Height at a really low price. Plus it has very cheap financing then. Its own equity is very very low.
The launch price, looking from today's perspective, i.e. Jurong 1.1k psf, SengKang 1k psf, is considered cheap already.
Junior
If you are the developer and you have already sold about 700+ units in a 1000 units development, will you cut price? I think we must wait long long before Interlace prices are cut...
Newbie
Well, if the world economy goes into a tailspin, who is to say there wont be any price cuts?
After all, everyone's opinion now is based on present scenario; grass is still green and flowers are still fragrant.
Well, we will just have to wait and see...
Senior
Do a stock placement. Then they don't have to cut price.
Newbie
They might just rent out the unsold units, just like FEO
Exalted
I dun tink they will be any price cut for interlace....
If economy really turns vy bad, developer may just intoduced some star buy discount for lousy facing units
Capland ever slashed down px in 09
Junior
got, Latitude by Capitaland, slash from launch price 2700psf to abt 1700psf in 2009.I dun tink they will be any price cut for interlace....
If economy really turns vy bad, developer may just intoduced some star buy discount for lousy facing units
Capland ever slashed down px in 09
Junior
i believed, please correct me if i'm wrong, that involved replacing premium finishing and materials with inferior stuff.
Junior
no need believe, even if slash also worth it, 1k psf cheaper in exchange for lower-end furnishings I dont mind
Newbie
Exalted
The problem is 1.7kpsf is considered vy exxxxxxx tat time....no need believe, even if slash also worth it, 1k psf cheaper in exchange for lower-end furnishings I dont mind
Exalted
Wharf slashed from 1500psf to 1200psf...not from 2kpsf
Junior
ya was stun by the price b then and somemore large units. But what I meant in general is that I rather haf slashing psf n get shit interior rather than carrot head psf who carrots thrown in
Junior
Rivergate also got slash price but not much , they withheld the launch after that. some lucky folks got it below 1kpsf
Senior
I believe rental falling and decelerating price growth are precursors to stagnant or falling property prices. Interest rate will be maintained at low level, but if there are more retrenchments next year, then the sentiment will be turned. Even China is slowing down, there is no reason for optimism now. I dont recommend buying properties at these strange locations, particularly if they are 99LH.
Exalted
its all about entry price and not just the location.
every location got a price tag....
if there is a condo 99lh project at lim chu kang now at 300psf...i will grab a few
Newbie
I believe the price range for the first launch is from 1500-1900 psf, and relaunched at 1100-1200 psf, some did transacted at 1900psf when it was first launched if my memory serves my right
Exalted
Mabe slashed twice?
Was told 1500psf...mabe 16xxpsf for higher flr....den drop to 1200psf(nid to ballot)
Senior
Update 7th Nov 2011.
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