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Thread: City Square Residences (D8, Freehold, by CDL)

  1. #41
    nregistered Guest

    Default

    Quote Originally Posted by Petmail
    you should have grab them during the developer's sales launch then... now you will never get this price anymore.
    U never know what will happen in 6 mths time - even Mr Li Ka Shing says the
    "worst is yet to come" - read post in this forum.

    i have seen properties TOP during Sars time that went even below developers'
    launch price - so anything is possible.

    For CitySQ - there 910 units - 90% of them will try and compete for the sales
    or rental dollar. So just imagine.....

  2. #42
    Not racist Guest

    Default

    What do you mean by "clean up"? You're such a racist. If you don't like the so-called "black sea" then just do't buy this area or Meyer/Amber. There is always a choice!

    Quote Originally Posted by black sea cleanup team
    govt shud clean up black sea but can't fault on locatn as it is very near town. Shud relocate black sea to jurong or smewhere else

  3. #43
    cleanup Team Guest

    Talking

    Citysquare in such a nice area but tarnished by black sea. Govt (GOD) should relocate black sea to Tuas or Woodlands and give D8 a thorough cleanup

    Quote Originally Posted by Not racist
    What do you mean by "clean up"? You're such a racist. If you don't like the so-called "black sea" then just do't buy this area or Meyer/Amber. There is always a choice!

  4. #44
    TIME FOR RELOCATION Guest

    Talking

    it is time for relocation of Little India to some place Ulu. If you want D8 to be upmarket, that is the only way to go. Mustafa store should also be relocated to Sembawang or Tuas or perhaps Jalan Kayu. I think Jalan Kayu is ideal coz the Ke Leng Kias can finish eating their curry and go for their walks in Mustafa after that.

    Quote Originally Posted by Not racist
    What do you mean by "clean up"? You're such a racist. If you don't like the so-called "black sea" then just do't buy this area or Meyer/Amber. There is always a choice!

  5. #45
    Muttu Guest

    Default

    Quote Originally Posted by TIME FOR RELOCATION
    it is time for relocation of Little India to some place Ulu. If you want D8 to be upmarket, that is the only way to go. Mustafa store should also be relocated to Sembawang or Tuas or perhaps Jalan Kayu. I think Jalan Kayu is ideal coz the Ke Leng Kias can finish eating their curry and go for their walks in Mustafa after that.
    By then City Square may have hit $2,500 psf already.

    Worth considering, isn't?

  6. #46
    black sea cleanup team Guest

    Default

    that is the whole idea, for city square to sell for 2k psf. The growth of the area hampered by black sea, no doubt bout it.
    Quote Originally Posted by Muttu
    By then City Square may have hit $2,500 psf already.

    Worth considering, isn't?

  7. #47
    cleanup proposals Guest

    Default

    the following are various initiatives to adopt: 1) shift entire black sea population to Tuas 2) move the black sea underground permanently 3) use bleach to whiten black sea

  8. #48
    nregistered Guest

    Default

    Quote Originally Posted by cleanup proposals
    the following are various initiatives to adopt: 1) shift entire black sea population to Tuas 2) move the black sea underground permanently 3) use bleach to whiten black sea

    racist remarks - soon you may be tracked

  9. #49
    blacksea cleanup Guest

    Default

    black sea has many implications, so if you think it is racist, it will be. If you think it in a non-racist manner, it will not be. No race has been mentioned in the posting but your crooked mind has construed it as otherwise...

    Quote Originally Posted by nregistered
    racist remarks - soon you may be tracked

  10. #50
    Un-racist Guest

    Default

    Racist comments sinply reflect a person's insecurity about his world. Let's not bother about such people. Hopefully, one day, he will also suffer similar racist taunts when he visits another country where he is the minority

  11. #51
    Macan Guest

    Default

    We heard many times about the re-rejuvenate idea from Government at the outer city areas. However, the prime area will always be the prime area and command the high prices.

    The outer prime will always remain to cater for the larger population of the resident. Therefore, the prices per square feet will largely be affected by demand/supply and economics situation.

    Sincerely, I think City Residence location is good and so is the Geylang Area. Therefore for property is always about location location location.

    River Valley, Newton, Steven, Orchard will always command exclusive pricing.

    Current prices does not reflect the mass market pricing and will have to come down by another 20% before it is realistic. The "flipper" will definitely get burned due to market condition and job cut...Only the cash rich will be able to hold on to ride the storm. It's crazy to buy $800 psf and try to flipper at $1200 within 6 months.

  12. #52
    Prof Lilian Ng (NBS, NTU) Guest

    Default

    Quote Originally Posted by Macan
    We heard many times about the re-rejuvenate idea from Government at the outer city areas. However, the prime area will always be the prime area and command the high prices.

    The outer prime will always remain to cater for the larger population of the resident. Therefore, the prices per square feet will largely be affected by demand/supply and economics situation.

    Sincerely, I think City Residence location is good and so is the Geylang Area. Therefore for property is always about location location location.

    River Valley, Newton, Steven, Orchard will always command exclusive pricing.

    Current prices does not reflect the mass market pricing and will have to come down by another 20% before it is realistic. The "flipper" will definitely get burned due to market condition and job cut...Only the cash rich will be able to hold on to ride the storm. It's crazy to buy $800 psf and try to flipper at $1200 within 6 months.
    Are we near the kind of economic difficulty faced during the Great Depression? The US economy today is much stronger than it was in 1929 and the fundamentals are still pretty strong regardless of the crisis we're in.

    If you look at the numbers, they are so dramatically different. GDP growth in the US is about 1% and I'm sure it will fall but it is nothing like the -27% during the Great Depression. Unemployment is about 6.1%, but during the Great Depression it was 25%.

    Today's world is very different from the Great Depression period - there is greater linkage between fiscal policies and the economy than before and all policymakers are working together. So we are not even close to the level of difficulties faced then.

  13. #53
    Unreg¡stered Guest

    Default

    Quote Originally Posted by Macan
    We heard many times about the re-rejuvenate idea from Government at the outer city areas. However, the prime area will always be the prime area and command the high prices.

    The outer prime will always remain to cater for the larger population of the resident. Therefore, the prices per square feet will largely be affected by demand/supply and economics situation.

    Sincerely, I think City Residence location is good and so is the Geylang Area. Therefore for property is always about location location location.

    River Valley, Newton, Steven, Orchard will always command exclusive pricing.

    Current prices does not reflect the mass market pricing and will have to come down by another 20% before it is realistic. The "flipper" will definitely get burned due to market condition and job cut...Only the cash rich will be able to hold on to ride the storm. It's crazy to buy $800 psf and try to flipper at $1200 within 6 months.
    Flipper, don't be too happy!
    Fliipers are just some other losers in this game.
    The real big-time winner is IRAS!

    Quote Originally Posted by The Straits Times

    Property sub-sales net $95m profits
    Third-quarter showing still strong but market will soften soon: Experts

    Fiona Chan
    Property Reporter
    Wednesday, 22 October 2008



    Private home prices may have slid in the third quarter but the sub-sale market was still going strong.

    Ninety-six per cent of owners who resold an uncompleted home between July and last month pocketed profits from the deals, according to new data by property consultancy Savills Singapore.

    These transactions, officially known as sub-sales, occur when you buy a home and resell it before it is built. They are used as a proxy for property speculation because the owner resells the home without ever living in it.

    Only 12 sub-sale transactions out of the 306 that Savills analysed in the quarter incurred a loss, amounting to just under $1 million of red ink. The rest made a total of $95.1 million in gains, Savills said.

    This continues the trend in the first half of the year, when 97% of such deals turned in profits. But the profits seen in the third quarter were considerably narrower as home prices started softening more quickly.

    Profitable sub-sellers made an average of $323,420 in the third quarter, but this was skewed upwards by a single large deal: a whopping $6.7 million profit from the sale of a 63rd-storey penthouse at The Sail @ Marina Bay.

    Excluding this sale, the average gain was $301,784 - almost 40% lower than the average gain in the first half of the year. It works out to an average profit for each seller of about 30% over the purchase price.

    Still, 'to be able to achieve such gains in a year when the property market has gone into a standstill is highly commendable', said Mr Ku Swee Yong, director of business development and marketing at Savills Singapore.

    But in case would-be speculators become tempted by these gains, other consultants noted that the bulk of these deals probably occurred before the Sept 14 collapse of United States investment bank Lehman Brothers, which caused the financial crisis to take a sudden turn for the worse.

    'The real estate market typically lags behind the stock market by six months or more, so we will probably start to see the real effect early next year,' said Mr Nicholas Mak, director of research and consultancy at Knight Frank.

    'These profitable sub-sale transactions took place before the market hit the skids. It is extremely risky to go and speculate in the market right now.'

    Most sellers who made a profit in the third quarter had originally bought their units in the last two years and benefited from the sharp run-up in prices in the period, said Mr Ku. While values have weakened somewhat this year, they are still generally higher than in 2006.

    Sellers who held on to their units for a longer time before reselling them in the third quarter made more gains, Savills' data showed. Even those who had bought a unit as late as this year and offloaded it in the third quarter made an average gain of $98,600.

    If they had sold the unit in the first half of the year, however, they would probably have doubled their gain.

    The biggest profits of more than $1 million each were for units at The Sail @ Marina Bay, St Regis Residences and Cairnhill Residences.

    On the flip side, sub-sale losses for the quarter averaged $76,820 for each loss-making deal. A unit at Watermark Robertson Quay chalked up the biggest loss of $207,552, while units at Soleil @ Sinaran, 8 @ Mt Sophia and One Amber were also sold at losses of more than $100,000 each.

    All the losses were for units that had been bought last year or this year, according to Savills' data. Sub-sellers who had bought their units at the peak of property fever, between June and September last year, bled the most.

    'In any case, there are always desperate sale cases even during good times,' Mr Ku noted.

    The Sail @ Marina Bay had the largest number of sub-sales in the quarter - 19 - with each deal netting its seller an average profit of $1.1 million. There was one loss, of $62,890, for a second-floor unit.

    Other projects with more than 10 sub-sales included Parc Emily in Dhoby Ghaut, Park Infinia at Wee Nam, Riveredge in Tanjong Rhu and The Esta in Marine Parade.

    But the profits were not just confined to developments in the prime districts.

    At Casa Merah in Tanah Merah, 10 sub-sales yielded an average profit of $100,351, while Atrium Residences in Geylang saw four sub-sales with an average gain of $54,556.

  14. #54

    Default Impressive and comprehensive search engine

    Hi ,
    I found one website very impressive and comprehensive,just like an condo directory search engine. I was attracted by its 720 degree virtual tour,transaction chart,elevation,floor plan,ect. Look up urself in more details,then u will know how helpful and comprehensive it is.

    http://www.virtualhomes.sg/citysquareresidences

  15. #55
    Fúck You Guest

    Default

    Quote Originally Posted by windyfoong
    Hi ,
    I found one website very impressive and comprehensive,just like an condo directory search engine. I was attracted by its 720 degree virtual tour,transaction chart,elevation,floor plan,ect. Look up urself in more details,then u will know how helpful and comprehensive it is.

    http://www.virtualhomes.sg/citysquareresidences
    Fùck off with your message posted anywhere. The threads are not rubbish bins for you to dump your rubbish!

  16. #56
    Unregisteredkim Guest

    Default

    anyone know the psf 4 a 2 bedroom unit? abt >10 floors n above

  17. #57
    Eck Guest

    Default

    Quote Originally Posted by Unregisteredkim
    anyone know the psf 4 a 2 bedroom unit? abt >10 floors n above
    No transaction in the mth of oct for 2 bedroom units in the mth of OCT, since the last time i checked from the URA site. I think demand is really low at this pt of time. No one wants to commit to such a big purchase at this pt of time of unstability.

    On the Sellers side, alot of ppl trying to sell off their units to secure some at least some profits to reinvest at a later time. So keep your fingers crossed. You might get a good deal.

    Cheers

  18. #58
    Whats a good deal? Guest

    Default

    Whats a good deal?
    Below 800psf? Possible for a 2 bedroom?


    Quote Originally Posted by Eck
    No transaction in the mth of oct for 2 bedroom units in the mth of OCT, since the last time i checked from the URA site. I think demand is really low at this pt of time. No one wants to commit to such a big purchase at this pt of time of unstability.

    On the Sellers side, alot of ppl trying to sell off their units to secure some at least some profits to reinvest at a later time. So keep your fingers crossed. You might get a good deal.

    Cheers

  19. #59
    Unreg¡stered Guest

    Default

    Quote Originally Posted by Whats a good deal?
    Whats a good deal?
    Below 800psf? Possible for a 2 bedroom?
    $800psf? Below D19 99Leasehold price?
    No! Lower than that!
    You should buy Freedhold CSR at HDB flat price!

    Quote Originally Posted by URA
    Private Residential Units Sold in the Month of September 2008

    Project Name ..... Locality . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Kovan Residences . OCR ....... 4 ............................... 964 ................ 940 ............... 860
    Quote Originally Posted by Unreg¡stered
    Wow!
    KR has just broken August record high of $954psf with this new record high of $964psf.
    Bravo!

  20. #60
    Haha Guest

    Default

    Quote Originally Posted by Whats a good deal?
    Whats a good deal?
    Below 800psf? Possible for a 2 bedroom?
    Quote Originally Posted by Unreg¡stered
    $800psf? Below D19 99Leasehold price?
    No! Lower than that!
    You should buy Freedhold CSR at HDB flat price!
    Buy freehold district-8 condo at public flat price?
    2 cocks talking cocks here!

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