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Thread: Caribbean At Keppel Bay (D4, 99-year Leasehold, by Keppel Land)

  1. #1
    mabel
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    Default Caribbean At Keppel Bay (D4, 99-year Leasehold, by Keppel Land)

    Caribbean won the Landscaping Award only recently and now it won the highly acclaimed international award for building excellence, the Prix d'Excellence in 2006. In 2004 it won the local BCI award for construction excellence.

    Caribbean is now 95% sold only left about 10 units for sale. Congrats to the developer Keppel Land for its success. New condo Emerald Bay launching early next year at S$1,300 psf. This will push up Caribbean psf to at least $1,000-1,100.

    Great condo to live in. Lots of expats renting this place, and also lots of kids.


  2. #2
    Any complaints please PM me mr funny's Avatar
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    May 2006
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    Default Re: Caribbean At Keppel Bay (D4, 99-year Leasehold, by Keppel Land)

    Singapore Companies
    Published November 22, 2006

    KepLand's $30m marina gives nearby condos a lift

    By ARTHUR SIM

    THE waterfront lifestyle is set to get a boost from Keppel Land's $30 million Marina@Keppel Bay, slated for completion at the end of next year.


    Marina@Keppel Bay: With space for almost 200 yachts, it will add to the upmarket positioning of KepLand's soon-to-be-launched condominium

    The marina on Keppel Island will be able to accommodate almost 200 yachts, with five berths for mega yachts of between 100 and 200 feet.

    The marina will also add to the upmarket positioning of Keppel Land's soon-to-be-launched condominium next to its Caribbean@Keppel Bay.

    Already, news of the Sentosa integrated resort has helped push up prices in the area. Caribbean was launched at about $800 psf in 2000, but prices have since surged almost 50 per cent. Keppel Land has only a few units left - and its deputy general manager of marketing (residential) Albert Foo says prices are now around $1,200 psf.

    Like Sentosa Cove, the area, with Keppel Land's as-yet-unnamed new condominium development, is being marketed as a playground for the rich and famous, and Mr Foo says the response from foreign investors has been good.

    The condominium is being designed by renowned architect Daniel Libeskind. 'We have test marketed the design overseas and we are confident of getting a wider range of foreign investors,' Mr Foo said.

    At the Caribbean, about 20 per cent of buyers are foreigners, he said.

    Prices of the 1,200-unit new development have not been fixed, but Mr Foo said Keppel Land will take its cue from prices at Sentosa Cove. He said that apart from this development, Keppel Land has three more residential sites at Keppel Bay.

    One site will share Keppel Island with the marina and is expected to be for luxury housing. The other two sites are between Caribbean and HarbourFront Centre. No time frame has been announced for these developments.


  3. #3
    Unregistered
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    Thumbs down Re: Caribbean At Keppel Bay (D4, 99-year Leasehold, by Keppel Land)

    lastest caveat below $1,000 . Buyers are not stupid .


  4. #4
    Unregistered
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    Angry Re: Caribbean At Keppel Bay (D4, 99-year Leasehold, by Keppel Land)

    Can't imagine how many sporeans will lose not only all their CPF , but all their cash , plus top up until god knows when ? All these prices are too ridiculous for 99 projects with more than 950 units . As of now , caribbean still has 250+ units sold back to KEppel . Can you imagine , this is called sold out ???????


  5. #5
    interested in caribbean
    Guest

    Default Re: Caribbean At Keppel Bay (D4, 99-year Leasehold, by Keppel Land)

    Over at the condo.com.sg website there are a lot of people slamming Caribbean! Can someone explain all the pros and cons of Caribbean? Because compared to Reflections this is relatively very cheap. If price going to fall like some people say, then I guess I will wait a while to pick one unit up here. For staying, not renting. So what do you think, will the price fall or not?


  6. #6
    UBS Investment Research
    Guest

    Default Re: Caribbean At Keppel Bay (D4, 99-year Leasehold, by Keppel Land)

    Quote Originally Posted by Unregistered
    Can't imagine how many sporeans will lose not only all their CPF , but all their cash , plus top up until god knows when ? All these prices are too ridiculous for 99 projects with more than 950 units . As of now , caribbean still has 250+ units sold back to KEppel . Can you imagine , this is called sold out ???????

    We are projecting an overall price rise of 20% this year.

    We think it is unlikely that residential prices in Singapore will decrease as seen in the US market. This is mainly because we believe Singapore residential prices are still in a catch-up stage, compared to GDP.


  7. #7
    Unregistered
    Guest

    Thumbs down Re: Caribbean At Keppel Bay (D4, 99-year Leasehold, by Keppel Land)

    Quote Originally Posted by interested in caribbean
    Over at the condo.com.sg website there are a lot of people slamming Caribbean! Can someone explain all the pros and cons of Caribbean? Because compared to Reflections this is relatively very cheap. If price going to fall like some people say, then I guess I will wait a while to pick one unit up here. For staying, not renting. So what do you think, will the price fall or not?
    If caribbean was so good why did you not buy there when it was cheap , there is a reason why caribbean still holds above 200 of its own units and claimed to be sold . Because the sales suck . Now they launched reflections so high that the flipper dare not buy . Apparently reflections had a very low coverage because the sales were not impressive , there were many fire sale reflections going on on the weekend , because the option payment will be due this weekend . Just see how many reflections units are thrown back this weekend . This will gauge the price it should be . Fools rush in .


  8. #8
    aim, cock, and fire!
    Guest

    Default Re: Caribbean At Keppel Bay (D4, 99-year Leasehold, by Keppel Land)

    Quote Originally Posted by Unregistered
    If caribbean was so good why did you not buy there when it was cheap , there is a reason why caribbean still holds above 200 of its own units and claimed to be sold . Because the sales suck . Now they launched reflections so high that the flipper dare not buy . Apparently reflections had a very low coverage because the sales were not impressive , there were many fire sale reflections going on on the weekend , because the option payment will be due this weekend . Just see how many reflections units are thrown back this weekend . This will gauge the price it should be . Fools rush in .
    I know you are the same guy posting over at the Reflections thread, because you have a space before all your punctuation marks! LOL! You are a funny guy you know.

    Anyway what I want to say is, fools DO rush in. However do you know why they are called fools? Rushing in to buy is not the problem. The problem lies with themselves - they are not prepared, they never did their research, they never adequately analysed the property they rushed in to buy.

    Savvy investors/speculators would have done all their groundwork, research, finance preparations, etc. to the extent of driving down to the site to survey and recce the place as well as every other building, office, condo, road, bus route, MRT, expressway, and even coffeeshop that is within 1 KM of their target property. And they do it well before the launch.

    The rule of the game is same as being a sniper: you pick a target early, spend some time analysing the behaviour and movement of the target, decide whether to abort mission and move on to another target, if staying with the same target then you take aim, wait... wait... wait... wait... wait... until the right moment then BANG. Be the first one to chiong the best unit for the lowest price.


  9. #9
    aim, cock, and fire!
    Guest

    Default Re: Caribbean At Keppel Bay (D4, 99-year Leasehold, by Keppel Land)

    If you decide that the property is no good, and you can justify adequately to yourself why it is not good or not worth your money, then just leave and pick another one. Do not simply follow the crowd and do not simply believe the hype of journalists, advertisements, consultants, salesmen, etc. Have your own mind.

    That is how some smart investors picked up lots of cheap prime property back in 2003/2004 when every body said property was lousy investment. Now in 2007 every body saying how hot property is and how much more it will go up, the smart investors are selling it back to you at 2X, 3X the price and laughing their way to what ever next big thing they are putting their profit in.


  10. #10
    Unregistered
    Guest

    Talking Re: Caribbean At Keppel Bay (D4, 99-year Leasehold, by Keppel Land)

    Quote Originally Posted by aim, cock, and fire!
    If you decide that the property is no good, and you can justify adequately to yourself why it is not good or not worth your money, then just leave and pick another one. Do not simply follow the crowd and do not simply believe the hype of journalists, advertisements, consultants, salesmen, etc. Have your own mind.

    That is how some smart investors picked up lots of cheap prime property back in 2003/2004 when every body said property was lousy investment. Now in 2007 every body saying how hot property is and how much more it will go up, the smart investors are selling it back to you at 2X, 3X the price and laughing their way to what ever next big thing they are putting their profit in.
    Agreed , your logic is one that many SGporeans do not see . They only listen to newspapers BS and TV's bias coverage . Look at one shenton . Look at the classifieds , one shenton still has many developers units . This is the most classic case of BS .


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