Page 2 of 48 FirstFirst 12345671217222732 ... LastLast
Results 31 to 60 of 1429

Thread: Seastrand (D17, 99 Years Leasehold, Far East Organization and Frasers Centrepoint)

  1. #31
    Join Date
    Apr 2010
    Posts
    15,307

    Default

    Wingtai forestkill profit margin aso higher at ard 400psf....

    Terassee aso abt 400psf

    So in fact feo haf been vy kind in recent launches like 8cy, woodhaven n seatsrand...so unlike their previous greenwich, the sound etc

  2. #32
    Join Date
    Jul 2010
    Posts
    2,890

    Default

    Quote Originally Posted by rainy
    heard developer collected alot of cheques ....
    seaview + price = sure sell...

  3. #33
    Join Date
    Mar 2008
    Posts
    1,014

    Default

    Quote Originally Posted by devilplate
    Wingtai forestkill profit margin aso higher at ard 400psf....

    Terassee aso abt 400psf

    So in fact feo haf been vy kind in recent launches like 8cy, woodhaven n seatsrand...so unlike their previous greenwich, the sound etc
    juz hope feo is not sparking some kinda 'developers firesales', and given current market/property situation hope its not a case of they know something that we dun know.

  4. #34
    Join Date
    Jun 2011
    Posts
    519

    Red face

    Quote Originally Posted by linchong84
    You minus off the discount already or not? FEO list price buay zun one, they got 10-20% discounts for different projects..

    Anyway 1 bedder at 950psf is alright due to low quantum of the unit.. Sure get snapped up in no time..
    975 - 1 bedder after discount..
    To me its expensive...


    To me REITS giving 7% return is better than crazy property price.
    Rationale:
    500k house- rent u will get is 2500/m = 30K
    - Agent/mainitance left with just 25K rental return.
    500k in REITS return 35K.

    Buying new house is not cheap have to pay 100k (loss of divident income) upfront and get rental return only after 4-5 years.

    People are betting on price appreciation, which might not come. Also have to pay bank interest. It won't stay 1% forever.

    My rationale is SG is becoming too expensive. People dont realize that if we become any more expensive company will pack bag and go back to US and UK.
    We used to be low cost but now we have to compete with US,UK guys cause we are even more expensive then them now :-)


    I think lot of foreigners SG is banking on to increase prices might have to leave to other locations if it becomes anymore expensive.

    Guess might need to move to high crime US and UK..
    Buggers.. hopefully SG sense will prevail.

    FYI I work in IT in investment bank.

  5. #35
    Join Date
    Jun 2011
    Posts
    519

    Default

    Quote Originally Posted by kingkong1984
    seaview + price = sure sell...
    Don't be fooled by Agen't lies..
    There is no seaView..New condo coming up to block view..

    + its quite far from Downtown east.. Not walkable in Sun.. can walk in evening though.

    + EC and Another condo - closer to Downtown + seaview (people will preferred that).

    Seastrand will be the only condo with no seaView.

    Also land infront of Seastrand is Unknown.. If come up HDB Blk can sure cry cry.

  6. #36
    Join Date
    Jul 2009
    Posts
    823

    Default

    Quote Originally Posted by kingkong1984
    seaview + price = sure sell...
    Got seaview meh? I thought will tio block by another project to its north?

  7. #37
    Join Date
    Jul 2010
    Posts
    2,890

    Default

    Quote Originally Posted by linchong84
    Got seaview meh? I thought will tio block by another project to its north?
    I didn't check.... Goosh.... Many fools like me.

    Anyway I said sea stranded before so u know.

    Feo got direct connections to first hand info. They are really in a hurry to sell.

    I say good to wait.

  8. #38
    Join Date
    Jun 2011
    Posts
    519

    Default

    Quote Originally Posted by devilplate
    Wingtai forestkill profit margin aso higher at ard 400psf....

    Terassee aso abt 400psf

    So in fact feo haf been vy kind in recent launches like 8cy, woodhaven n seatsrand...so unlike their previous greenwich, the sound etc
    Better go and buy developer's stock..rich rich..
    but everyone knows that hype won't live forever..if market crashes developer paid more will also suffer..
    But they can hold for years and years..I can't

  9. #39
    Join Date
    Jul 2009
    Posts
    7,482

    Default

    Quote Originally Posted by rockinsg
    I think lot of foreigners SG is banking on to increase prices might have to leave to other locations if it becomes anymore expensive.

    Guess might need to move to high crime US and UK..
    Buggers.. hopefully SG sense will prevail.

    FYI I work in IT in investment bank.
    if labour cost stays low, they'll still stay here. if labour cost is too great, they would have outsourced your IT job to some offshore centre.

  10. #40
    Join Date
    Jun 2011
    Posts
    519

    Default

    Agent SMS.. says negotioated 1% extra discount for "me only"

    Funny how desperate developers and agents are becoming now.. they think buyer is fool..can tempt with 1% discount

  11. #41
    Join Date
    Nov 2010
    Posts
    186

    Default

    Quote Originally Posted by rockinsg
    Far east marking crazy profit ..bought for 350..breakeven at 650..sell 1,2 bedder at 950+ .. 300$ psf in developer and agent pocket..
    MCL can sell cheaper even after buying at 400 psf even with sea view if not as greedy as far east...

    Laugh at you later once the large supply comes and u go bottom up
    300psf profit is normal. if u are developer, take out capital of 700psf, what percentage return will u look at. And remember, this profit is onlyreturnover 4 to 5years.

    MCL not greedy? Terrasse profit super high leh, if according to your defination..

    Large supply may means land price soften, that does not means selling price of new condos will drop. Developer just earn more loh....

  12. #42
    Join Date
    Jun 2011
    Posts
    519

    Default

    Quote Originally Posted by moomooteo
    300psf profit is normal. if u are developer, take out capital of 700psf, what percentage return will u look at. And remember, this profit is onlyreturnover 4 to 5years.

    MCL not greedy? Terrasse profit super high leh, if according to your defination..

    Large supply may means land price soften, that does not means selling price of new condos will drop. Developer just earn more loh....
    Not saying MCL not greedy, but they might not be greedy if the supply keeps coming and there is no buyers...Rather give MCL 300psf than far east 300psf, if can get the seaview..Nothing good about this site compared to other new sites there,seaview and near to downtown east.

    Also 1 bedder at east?What are they thinking.. If want expat rental look at city.. who want to live in far east?... if have to go party in town have to travel 20-25 min in cab..
    Your date won't even come back with you so far.. hehe.. might get tired and sleep on the way.. thats coming from a single who has lived in both city and east..easier to get laid if you r in city ;-)

    Also still 3more condo/EC
    Issue is too much supply coming.. too much supply can lower developer margin too if new sites are sold at lesser price.

  13. #43
    Join Date
    Jun 2011
    Posts
    519

    Default

    Think FEO made a big mistake by building showflat.
    People can now really see how small the space is for 1 bedder.

    My friend was adamant on buying 1 bedder and went for Preview.
    Even from photos of showroom you will realize that noone will pay kind of rental developers are projecting..I would say 2K for 1 bedder in SeaStrand will be a far stretch.

    From the photos he took. Finishing quality looks real cheap and space is terribly small even for a single person.
    Especially the bathroom was miserable..Not enought space to Poo Poo in comfort .. hehe
    Better FEO had sold it based on FloorPlan would have gotten much better response.

    I havn't been to Showroom..anyone paid a visit?

  14. #44
    Join Date
    Apr 2010
    Posts
    15,307

    Default

    Quote Originally Posted by rockinsg
    Think FEO made a big mistake by building showflat.
    People can now really see how small the space is for 1 bedder.

    My friend was adamant on buying 1 bedder and went for Preview.
    Even from photos of showroom you will realize that noone will pay kind of rental developers are projecting..I would say 2K for 1 bedder in SeaStrand will be a far stretch.

    From the photos he took. Finishing quality looks real cheap and space is terribly small even for a single person.
    Especially the bathroom was miserable..Not enought space to Poo Poo in comfort .. hehe
    Better FEO had sold it based on FloorPlan would have gotten much better response.

    I havn't been to Showroom..anyone paid a visit?
    i am surprised tat u say 5xxsqft 1bedder is small! have u visited 398sqft actual studio unit b4 anot? i suggest u go down to parc imperial/the cotz to take a look at those Mm and ask the agts to show u the actual tenancy agreements .....u can also try to find a 1bedder for less den 2k now and see if u can find one tat is relatively new....right now the asking rental for MM of 3xxsqft is 2-2.5k and dun tink u can find a 500sqft 1bedder at 2k now.....

    dun tok about future rental bcoz we r not GOD.....hehe

  15. #45
    Join Date
    Jun 2011
    Posts
    519

    Default

    Quote Originally Posted by devilplate
    i am surprised tat u say 5xxsqft 1bedder is small! have u visited 398sqft actual studio unit b4 anot? i suggest u go down to parc imperial/the cotz to take a look at those Mm and ask the agts to show u the actual tenancy agreements .....u can also try to find a 1bedder for less den 2k now and see if u can find one tat is relatively new....right now the asking rental for MM of 3xxsqft is 2-2.5k and dun tink u can find a 500sqft 1bedder at 2k now.....

    dun tok about future rental bcoz we r not GOD.....hehe
    Been to actual one in Kembangan area..Had to run out,so suffocating.. and earlier tenant staying there was a couple.. when I saw them, felt sorry for them

    Think even HDB would be better than those small condos..dont know why people stay there..

    Think if u live in one of these MM then your boss very happy.. u stay at work all the time.. never want to go home

  16. #46
    Join Date
    Jul 2009
    Posts
    823

    Default

    Quote Originally Posted by rockinsg
    Been to actual one in Kembangan area..Had to run out,so suffocating.. and earlier tenant staying there was a couple.. when I saw them, felt sorry for them

    Think even HDB would be better than those small condos..dont know why people stay there..

    Think if u live in one of these MM then your boss very happy.. u stay at work all the time.. never want to go home
    Most MMs are for expats who came alone without family.. To them, they just need something like a hotel room to stay for short term 2 years posting, these MMs are still bigger than hotel rooms and much cheaper..

    Don't think singaporean families will stay there.. Singles possible.. Married couples i doubt.. Mistress very possible!!

  17. #47
    Join Date
    Jun 2011
    Posts
    519

    Default

    Quote Originally Posted by linchong84
    Most MMs are for expats who came alone without family.. To them, they just need something like a hotel room to stay for short term 2 years posting, these MMs are still bigger than hotel rooms and much cheaper..

    Don't think singaporean families will stay there.. Singles possible.. Married couples i doubt.. Mistress very possible!!
    Hehe..makes me wonder what will happen to 3,4 bedder...Family staying in 3,4 bedder might have issues with singles lifestyle..
    mistreess...gf..all kind of trash and late night parties

    Shouldn't mix the family and MM developments..

  18. #48
    Join Date
    Apr 2010
    Posts
    15,307

    Default

    seastrand preview starts at 4pm today.

    latest indicative pricing: 1bedder 570-600k, 2bedder 850k+-(after discount)

    tats about 950-1kpsf for lousy facing stacks somemore!!!

    and was told all the 'released units' (aka lousy facing units r fully booked)!!!

  19. #49
    Join Date
    May 2008
    Posts
    9,279

    Default

    looks like we r headed for CM5? chiong ah, all buy buy buy.

    Quote Originally Posted by devilplate
    seastrand preview starts at 4pm today.

    latest indicative pricing: 1bedder 570-600k, 2bedder 850k+-(after discount)

    tats about 950-1kpsf for lousy facing stacks somemore!!!

    and was told all the 'released units' (aka lousy facing units r fully booked)!!!

  20. #50
    Join Date
    Jun 2011
    Posts
    519

    Default

    Quote Originally Posted by devilplate
    seastrand preview starts at 4pm today.

    latest indicative pricing: 1bedder 570-600k, 2bedder 850k+-(after discount)

    tats about 950-1kpsf for lousy facing stacks somemore!!!

    and was told all the 'released units' (aka lousy facing units r fully booked)!!!
    Fully booked ah? Even I have booked..
    doesnt mean gonna buy..

    And booking started months ago.. I booked months ago..
    Have cheque book with no money in it.. want cheque take it..who cares..

    Lousy location..HDB View.. only people who buy ... will have no idea what they buying...

    Will be lucky to get 800 psf...

  21. #51
    Join Date
    Jun 2009
    Posts
    5,675

    Default

    got sms say cheapest 2 bedroom unit from 787psf....

  22. #52
    Join Date
    Apr 2010
    Posts
    15,307

    Default

    Quote Originally Posted by azeoprop
    got sms say cheapest 2 bedroom unit from 787psf....
    Ya, actual final pricing ard 800-850psf...units r flying off the shelves! Vy crowded now! But all facing hdb....lol

    Lots of water....2 big lap pools plus 2 smaller pools....and few more plunge pools....quite like the concept...layout vy typical far east which is similar to woodhaven.

    If 800psf and not facing hdb can consider actually

  23. #53
    Join Date
    Jun 2009
    Posts
    5,675

    Default

    Quote Originally Posted by devilplate
    Ya, actual final pricing ard 800-850psf...units r flying off the shelves! Vy crowded now! But all facing hdb....lol

    Lots of water....2 big lap pools plus 2 smaller pools....and few more plunge pools....quite like the concept...layout vy typical far east which is similar to woodhaven.

    If 800psf and not facing hdb can consider actually
    The 1 bedroom layout is the same as waterfront isle minus the bay window. Copy and paste one.

  24. #54
    Join Date
    Jun 2011
    Posts
    519

    Default

    Quote Originally Posted by devilplate
    Ya, actual final pricing ard 800-850psf...units r flying off the shelves! Vy crowded now! But all facing hdb....lol

    Lots of water....2 big lap pools plus 2 smaller pools....and few more plunge pools....quite like the concept...layout vy typical far east which is similar to woodhaven.

    If 800psf and not facing hdb can consider actually
    Looked at 1 bedder no facing HDB.. but facing inside unit/partial pool view..

    6 or 7th floor... 900psf..
    Looks reasonable given its 1 bedder...

    Wasn't sure if should buy or not.. but then so much supply coming in...especially the same pasir ris area..
    Decided to wait and watch

  25. #55
    Join Date
    May 2009
    Posts
    1,381

    Default

    1BR from $906 psf
    2BR from $787 psf
    3BRc from $810 psf
    3BR from $890 psf
    4BR from $961 psf

    Prices out. Quite ex. Expensive for 4 bedders, psf wise. Looks like 4 bedders are hot now. Rare commodity. Heard at least 30 units sold within an hour!

  26. #56
    Join Date
    Apr 2010
    Posts
    15,307

    Default

    Quote Originally Posted by fclim
    1BR from $906 psf
    2BR from $787 psf
    3BRc from $810 psf
    3BR from $890 psf
    4BR from $961 psf

    Prices out. Quite ex. Expensive for 4 bedders, psf wise. Looks like 4 bedders are hot now. Rare commodity. Heard at least 30 units sold within an hour!
    tats bcoz of the poolview....2br and 3brc dun hf views at all

    pricing vy similar to woodhaven whereby poolview also cost 100-150psf more den non poolview units

    but i tot 4br was abt 900psf....was quoted yday wor...

  27. #57
    Join Date
    May 2008
    Posts
    9,279

    Default

    the newer designs recently for 4 bedrooms are more compact and absolute size are not much bigger than 3 bedrooms. hence the higher psf as quantum is still "affordable".


    Quote Originally Posted by fclim
    1BR from $906 psf
    2BR from $787 psf
    3BRc from $810 psf
    3BR from $890 psf
    4BR from $961 psf

    Prices out. Quite ex. Expensive for 4 bedders, psf wise. Looks like 4 bedders are hot now. Rare commodity. Heard at least 30 units sold within an hour!

  28. #58
    Join Date
    Apr 2010
    Posts
    15,307

    Default

    Quote Originally Posted by bargain hunter
    the newer designs recently for 4 bedrooms are more compact and absolute size are not much bigger than 3 bedrooms. hence the higher psf as quantum is still "affordable".
    seastrand special case....bcoz so far the released stacks...only 4bdr got full direct poolview....3bdr only got partial/angled poolview.....u goto go to the showflat to understand wat i mean

    wat i like they hf 2 big lap pools in the middle of the project....however, most units dun hf much view for the released stacks now....

  29. #59
    Join Date
    Jun 2011
    Posts
    519

    Default

    Quote Originally Posted by devilplate
    seastrand special case....bcoz so far the released stacks...only 4bdr got full direct poolview....3bdr only got partial/angled poolview.....u goto go to the showflat to understand wat i mean

    wat i like they hf 2 big lap pools in the middle of the project....however, most units dun hf much view for the released stacks now....

    1 br and 2 br have no view watch wall or watch HDB....

    I thought abt watching wall..but am scared of too much supply..
    Afraid cannot find tenants who like watching wall

    This might be an expection project where noone takes 1 bedder

  30. #60
    Join Date
    Jul 2010
    Posts
    2,890

    Default

    Quote Originally Posted by fclim
    1BR from $906 psf
    2BR from $787 psf
    3BRc from $810 psf
    3BR from $890 psf
    4BR from $961 psf

    Prices out. Quite ex. Expensive for 4 bedders, psf wise. Looks like 4 bedders are hot now. Rare commodity. Heard at least 30 units sold within an hour!
    funny leh.. usually the bigger it is, the cheaper it will be..

    how come reversed? Bigger is better?

    at least 1 Bedder is higher than 2 bedders... small is better...hahhaa.. smallest debt.

Similar Threads

  1. Replies: 577
    -: 29-07-15, 15:15
  2. Replies: 1590
    -: 22-04-15, 10:41
  3. Replies: 3488
    -: 21-02-14, 13:58
  4. Replies: 1097
    -: 23-04-13, 14:13
  5. Woodsville 28 (D13, 99 years leasehold, Frasers Centrepoint)
    By SP specialist in forum District 13
    Replies: 788
    -: 09-01-13, 06:00

Posting Permissions

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