NEW CONDO @ BEDOK CENTRAL BY CAPITALAND

[land118]

The 3% savings is an incentive but not a deciding factor. I am buying into others' knee jerk reaction by underpricing severely. If you can get future prices now, why not go for it? But that depends on what is one's acceptable definition of future price.

Lucky u, got a tasty durian...

[devilplate]

Lucky u, got a tasty durian...

Hey really got some gd deals going on now leh....ccr condos.....hehehehe

If u dare to buy now, u can start calling up ur agts

[mcmlxxvi]

This measure is aimed at foreigners, and will hit developers hard, particularly those high-end properties developers selling to foreigners. We will see even more MMs/compact units in future.

hail the 100sf MM!!!!!

oh wait... but recent gpr limitations wont allow it

[mcmlxxvi]

Let's say hypothetically, if the developer sells the development at list prices for buyers not affected by ABSD, but gives discounts up to the ABSD limit for affected buyers.

What is in the mindset for the buyers not affected by ABSD? Will they want to buy? Or will they clamour for the same ABSD "discounts"?

get same discounts in other form eg reno or furn...

[propertychap]

Should people forfeit their booking fee with the 8 dec measures?
Will there be returned units for 1 and 2 bedrooms?

[land118]

Hey really got some gd deals going on now leh....ccr condos.....hehehehe

If u dare to buy now, u can start calling up ur agts

The is the SMS I got my agent:
"X'mas come early tis year, property prices are coming down!!!"

[Geylang OKT]

The is the SMS I got my agent:
"X'mas come early tis year, property prices are coming down!!!"

Don't buy now yet. It usually takes 4 to 5 years for the final capitulation!

shorter e.g. 2 to 3 years if economy lagi bad

[devilplate]

Don't buy now yet. It usually takes 4 to 5 years for the final capitulation!

shorter e.g. 2 to 3 years if economy lagi bad

Wait 20yrs....60% discount!

[Pro888]

Should people forfeit their booking fee with the 8 dec measures?
Will there be returned units for 1 and 2 bedrooms?

People forfeit their booking = Can developer return the bus interchange to govt ?

[Eastboy]

The is the SMS I got my agent:
"X'mas come early tis year, property prices are coming down!!!"

No prob with discounts la:
Xmas discount
CNY discount
Valentines Day discount...
Stamp Duty absorption...

Hiyo, shiok

[latour]

Anybody really backup without ex the option for BR?

[hyenergix]

Anybody really backup without ex the option for BR?

Very minimal. This type of projects are rare. No worry about price rising upon TOP.

[Pro888]

Very minimal. This type of projects are rare. No worry about price rising upon TOP.

True. The speculative ones are already gone due to earlier cm.

Further, developers will not drop the or not much/ fast. It will never enough. If the developer give 10% off, people will still wait for more. This will affect future projects down the road. Never end.

When down market, people will wait. When the market is up, people will jump in watever price without much consideration.

[jwong71]

True. The speculative ones are already gone due to earlier cm.

Further, developers will not drop the or not much/ fast. It will never enough. If the developer give 10% off, people will still wait for more. This will affect future projects down the road. Never end.

When down market, people will wait. When the market is up, people will jump in watever price without much consideration.

very very very true.....

that y im not worry abt buyers will bite at 5-10% discount developer may hand out

[phantom_opera]

This is the sign of peaking ... when everybody just blindly buy BR regardless of psf with reason given as "this type of project is rare", "developer will not down price one", "after TOP price sure go up one"

Remember when FEO sold AMK hub at 1,200psf ... everybody said FEO sure failed, crazy etc ... now everybody think BR is good, reasonable, sure make, even cm5 will not affect the sales, if backout will be called a coward

Guess ppl think they can sell 1800-2000psf when TOP

Perhaps the following Bishan 8 price in 2003 will be forgotten too:

BISHAN 8 Condominium 63 Bishan Street 21 20 108 685000 589.25 10-Dec-03
BISHAN 8 Condominium 61 Bishan Street 21 20 108 663000 570.32 6-Oct-03
BISHAN 8 Condominium 61 Bishan Street 21 20 108 653000 561.72 18-Sep-03
BISHAN 8 Condominium 63 Bishan Street 21 20 108 670000 576.34 10-Sep-03
BISHAN 8 Condominium 61 Bishan Street 21 20 108 668730 575.25 21-Jul-03
BISHAN 8 Condominium Bishan Street 21 108 687000 590.97 02-Apr-03
BISHAN 8 Condominium Bishan Street 21 109 670000 571.06 02-Mar-03
BISHAN 8 Condominium Bishan Street 21 144 770000 496.77 02-Mar-03

[hyenergix]

This is the sign of peaking ... when everybody just blindly buy BR regardless of psf with reason given as "this type of project is rare", "developer will not down price one", "after TOP price sure go up one"

Remember when FEO sold AMK hub at 1,200psf ... everybody said FEO sure failed, crazy etc ... now everybody think BR is good, reasonable, sure make, even cm5 will not affect the sales, if backout will be called a coward

Guess ppl think they can sell 1800-2000psf when TOP

Perhaps the following Bishan 8 price in 2003 will be forgotten too:

BISHAN 8 Condominium 63 Bishan Street 21 20 108 685000 589.25 10-Dec-03
BISHAN 8 Condominium 61 Bishan Street 21 20 108 663000 570.32 6-Oct-03
BISHAN 8 Condominium 61 Bishan Street 21 20 108 653000 561.72 18-Sep-03
BISHAN 8 Condominium 63 Bishan Street 21 20 108 670000 576.34 10-Sep-03
BISHAN 8 Condominium 61 Bishan Street 21 20 108 668730 575.25 21-Jul-03
BISHAN 8 Condominium Bishan Street 21 108 687000 590.97 02-Apr-03
BISHAN 8 Condominium Bishan Street 21 109 670000 571.06 02-Mar-03
BISHAN 8 Condominium Bishan Street 21 144 770000 496.77 02-Mar-03

The costs of time n transportation will go up tremedously. Savings of staying near amenities will outweigh e initial property costs. It will b more of an issue when human n car population climbs higher in 5 years' time. If I'm an East person I will buy BR for own stay.

[propertychap]

Taxi fare going up. So MRT and buses will become more important. Might as well invest in a unit thats near to both and a shopping mall.
Will be hot in the future

[hyenergix]

Distance n zone based ERP is in e pipeline for car owners...

[propertychap]

any buyers of br here?

[devilplate]

any buyers of br here?

I understand u missed 1/2 bdr.....

Gd chance ur agt may ring u up within nxt 2-3 wks for returned units

[devilplate]

Taxi fare going up. So MRT and buses will become more important. Might as well invest in a unit thats near to both and a shopping mall.
Will be hot in the future

Anything can happen

40% of our population is foreigners/pr

When jobless, all balek kampong.....

[propertychap]

you think there will be returned units?

[devilplate]

Yes....i believe many investors bot br

[propertychap]

and forfeit their booking fee?

[hyenergix]

Yes....i believe many investors bot br

TOP in 2015, first few floors bus interchange and malls, should be quite okay.

[propertychap]

when investors buy they are already looking at long term with the 4 years of ssd. So i believe most will still hold onto their units. Human nature at play too ... if you know there are people queuing to grab your units when you let go, will you think twice before letting go?

[bargain hunter]

Far East Organization sold about 15 units at its projects across Singapore over the weekend.
A City Developments spokeswoman said that 'a few' units at 892-unit The Palette were sold on Saturday: 'To date, we have sold more than 400 units out of 450 units launched.'
None of the buyers who purchased homes in the project at Pasir Ris have withdrawn their options due to the implementation of the new measures, she added.
CapitaLand likewise said that no buyers at the 583-unit Bedok Residences, which was launched last month, have said they would not exercise their options. That project is currently over 80 per cent sold.
Other developers said it was 'business as usual' at their showflats, but admitted that sales were slower compared to a week ago.

[phantom_opera]

Scary ... with cm5 the garmen changes the rule of game drastically, still got ppl think they can make tonnes of $$ out of BR ... is BR that different from Bishan 8 when it was sold 1100psf back in 1997 by FEO

I need to dispose more

[jwong71]

Scary ... with cm5 the garmen changes the rule of game drastically, still got ppl think they can make tonnes of $$ out of BR ... is BR that different from Bishan 8 when it was sold 1100psf back in 1997 by FEO

I need to dispose more

As someone mention population 3.6mio in 1996 and 5.1mio at present.
This time will be different?

Ai zai relax. take a bet 50/50 chance

[hyenergix]

As someone mention population 3.6mio in 1996 and 5.1mio at present.
This time will be different?

Ai zai relax. take a bet 50/50 chance

The rule has ironically made BR an even better investments bcoz foreigners will find it hard to buy 1 or 2 bedders for own stay or rent to other foreigners after they return to their countries.