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Thread: Seafront @ Meyer prices start from $1,400 psf

  1. #1
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    Default Seafront @ Meyer prices start from $1,400 psf

    Published March 17, 2007

    Seafront @ Meyer prices start from $1,400 psf

    Penthouses go for $2,100 to $2,200 psf, sources say


    CAPITALAND is said to be pricing its freehold The Seafront @ Meyer condo at prices ranging from about $1,400 psf to $1,800 psf, excluding penthouses, say sources.

    Sea-facing penthouses, of about 4,000 sq ft, are believed to be priced around $2,100 to $2,200 psf.

    One penthouse, of about 4,100 sq ft, is said to be priced at about $9 million. CapitaLand is developing the 24-storey freehold project on the former Meyer Tower and First Mansion sites at Meyer Road.

    Former owners of units in these developments who sold their homes to the former DBS Land in 1999 are said to have received invitations this week to have the first pick of units in the new development. DBS Land merged with Pidemco Land in late 2000 to form CapitaLand.

    CapitaLand has appointed ERA to market the 327-unit Seafront @ Meyer condo. Sources suggest that previews for the development could start later this month. The project will have three blocks. The bulk of units will have three bedrooms, and range in size from about 1,500 to 2,000 sq ft. There will also be two-bedders and four-bedders, plus six penthouses. Market watchers say the pricing for The Seafront @ Meyer is in line with the $1,500 to $1,800 psf that GuocoLand has achieved for its nearby project, The View @ Meyer, on the former Katong Park Hotel site. The 23-storey freehold development will have 45 apartments.

  2. #2
    Unregistered
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    Thumbs down Re: Seafront @ Meyer prices start from $1,400 psf

    As per normal , another ridiculously priced property . At least 30%-40% paper loss in 3 years time .

  3. #3
    why?
    Guest

    Default Re: Seafront @ Meyer prices start from $1,400 psf

    Quote Originally Posted by Unregistered
    As per normal , another ridiculously priced property . At least 30%-40% paper loss in 3 years time .
    Why do you say that? Meyer Road is located in a prime location: near the CBD, unblocked sea view, surrounded by low-rise landed housing. I think with the 2.5 new Singaporeans coming in, private residential property will become even MORE coveted than it is.

  4. #4
    Unregistered
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    Default Re: Seafront @ Meyer prices start from $1,400 psf

    Quote Originally Posted by why?
    Why do you say that? Meyer Road is located in a prime location: near the CBD, unblocked sea view, surrounded by low-rise landed housing. I think with the 2.5 new Singaporeans coming in, private residential property will become even MORE coveted than it is.
    Sorry, 2.5 million new Singaporeans

  5. #5
    Unregistered
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    Wink Re: Seafront @ Meyer prices start from $1,400 psf

    I will bank on the NRI to lead to way up . NON resident indians .

  6. #6
    Observer
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    Default Re: Seafront @ Meyer prices start from $1,400 psf

    One side of Seafront @ Meyer is blocked by The Belverdere. In fact, The Belverdere has the best view in Meyer. The Belvedere is the better buy.

  7. #7
    NRI
    Guest

    Default Re: Seafront @ Meyer prices start from $1,400 psf

    My order of preference:
    1. The Belverdere.
    2. The View @ Meyer.
    3. Seafront @ Meyer.

  8. #8
    Unregistered
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    Thumbs down Re: Seafront @ Meyer prices start from $1,400 psf

    Unless tons of NRI(indians) coming in , i think all these rushing in will go under unless Deferred payment scrapped . Only without deferred payment , then we shall shee the genuine buyers and not speculators .

  9. #9
    The Other Belvedere Owner
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    Default Re: Seafront @ Meyer prices start from $1,400 psf

    Stupid Belvedere owner just sold his mid-floor unit at $1,060 psf. Seafront @ Meyer is launching at $1,400-2,200 psf, you know? Wake up! Seafront low-floor $1,400 psf, your mid-floor with best view sold at $1,060 psf! Really no brain!

  10. #10
    Neighbour
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    Default Re: Seafront @ Meyer prices start from $1,400 psf

    Quote Originally Posted by The Other Belvedere Owner
    Stupid Belvedere owner just sold his mid-floor unit at $1,060 psf. Seafront @ Meyer is launching at $1,400-2,200 psf, you know? Wake up! Seafront low-floor $1,400 psf, your mid-floor with best view sold at $1,060 psf! Really no brain!

    Why you care? It's his rights what! We all just stay put at above $1,400 psf. Let buyers decide low-floor-no-view or mid-floor-good-view at $1,400 psf.

    The Belvedere! Hurray!

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