Property Views
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After a Successful launch of a freehold development, http://www.condolaunchsg.com/properties/new-futura/ at Leonie Hill with prices at average $3,600 psf, CDL is slated to launch its mass market segment development in Tampines Avenue 10, http://www.condolaunchsg.com/properties/the-tapestry/. This development is a 99 years lease parcel which is expected to be launched at average $1,160 psf this March 2018.It will be exciting to watch this launch especially after the sellout of The Santorini and soon to sell out, The Alps Residences.
Comparatively, there will be another new launch in the West by MCL Land. This development is a smaller 275 units development nested in District 03, on Margaret Drive. http://www.condolaunchsg.com/properties/margaret-ville/ is in close proximity to town and the Business Central District. Launching this March 2018, prices are expected to be at an average oif $1,900 psf. As we move down towards the Singapore 2nd Business district will be http://www.condolaunchsg.com/properties/twin-view-west-coast-vale-condo/ by CSC which we could expect prices to be an average $1,200 psf.
With the recent high en-bloc prices, these GLS land sold previously are very attractive and exciting to watch before the launch of the en-bloc developments. Developers will be building more compact units to make units more attractively priced.
Which development do you think is a good buy? Should we buy or should we wait? -
I noticed that my investment unit caveat has not been lodged (almost 2 months already). On the day when I excercise the OTP, the conveyance lawyer said it is compulsory as it protects my interest as a buyer.
Wondering if there is any risk to me (without caveat lodged) as I have requested to extend the completion date to 16 weeks instead of the usual 10 weeks. -
lee_yl:
You better go find out whether your lawyer is sleeping.I noticed that my investment unit caveat has not been lodged (almost 2 months already). On the day when I excercise the OTP, the conveyance lawyer said it is compulsory as it protects my interest as a buyer.
Wondering if there is any risk to me (without caveat lodged) as I have requested to extend the completion date to 16 weeks instead of the usual 10 weeks. -
http://www.tnp.sg/news/business/guillemard-roadjalan-molek-site-sale-single-owner-99m
Wah....who was the owner? -
FantasyLandDreams:
SME boutique developer. Didn't you notice several boutique apartments in Guillemard, Joo Chiat, Katong, T Merah and Tg Katong area? My relative's house and entire row of interm houses were also bought by small time developer.http://www.tnp.sg/news/business/guillemard-roadjalan-molek-site-sale-single-owner-99m
Wah....who was the owner? -
pirate:
your lawyer is still busy tossing yu sheng? you've better check. how come never lodged?
You better go find out whether your lawyer is sleeping.lee_yl:
I noticed that my investment unit caveat has not been lodged (almost 2 months already). On the day when I excercise the OTP, the conveyance lawyer said it is compulsory as it protects my interest as a buyer.
Wondering if there is any risk to me (without caveat lodged) as I have requested to extend the completion date to 16 weeks instead of the usual 10 weeks. -
Zeit:
Oh. I thought was some rich tycoon mass sell again...
SME boutique developer. Didn't you notice several boutique apartments in Guillemard, Joo Chiat, Katong, T Merah and Tg Katong area? My relative's house and entire row of interm houses were also bought by small time developer.FantasyLandDreams:
http://www.tnp.sg/news/business/guillemard-roadjalan-molek-site-sale-single-owner-99m
Wah....who was the owner? -
FantasyLandDreams:
Oh. I thought was some rich tycoon mass sell again...[/quote]Small time developer in Singapore = tycoon in most other countries.
SME boutique developer. Didn't you notice several boutique apartments in Guillemard, Joo Chiat, Katong, T Merah and Tg Katong area? My relative's house and entire row of interm houses were also bought by small time developer.Zeit:
[quote=\"FantasyLandDreams\"]http://www.tnp.sg/news/business/guillemard-roadjalan-molek-site-sale-single-owner-99m
Wah....who was the owner?
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pirate:
Not uncommon for some landlords to purchase several adjacent houses or shophouses to keep in their portfolio first until time's ripe to sell. Perhaps this chap was quietly buying the houses over the years.
Small time developer in Singapore = tycoon in most other countries.FantasyLandDreams:
Oh. I thought was some rich tycoon mass sell again...
Also not uncommon for tycoons to purchase entire condo or at least 80% of condo units to keep. Once the market recovers, they will let go.
Didn't Wee Cho Yaw just purchase 45 out of 55 of Nassim Hill? That's more than 80% so he can go thru enbloc without hassles.
Peter LIm also bought all 11 storeys of Ardmore Park.
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