Sky Habitat - Bishan

[wirehtc]

got these from agents:

(new Bishan plot besides SH)

1 bedroom fr $6xxk
2 bedroom fr $8xxk
3 bedroom fr $1.5xmil

Prices from 14xx psf only

4xxk or more below SH

This launch is likely to be hot.

[august]

Starting from 484 sqft? Hur hur thought anything below 5xx sqft is inhumane? Change in company directive? Era of quantum play is back?

ceo changed already. MM vs good sized units side by side, take your pick.

[kane]

ceo changed already. MM vs good sized units side by side, take your pick.

ideally buy 2. stay in the good sized unit and walk over to the MM to collect rent. very convenient.

[CRViper]

with that kind of quantium they are selling.. seems like buyers who wants to buy here already bought. Lets see how long will CapLand take to clear all the units or will they keep it for corporate rental?

Last heard frm agents there saying now they are marketing it in China... Im not too sure if alot of the residence are PRC... would the owners who bought earlier be ok with it

[HOS]

What is the sale status now?

[tahoo]

Got this from an agent. Wonder how much will be the reduction.
"<ADV>SKY HABITAT. 507 UNITS. ATTRACTIVE PRICE ADJUSTMENT IS CONFIRMED!!! GET FIRST HAND INFO NOW!!!SHOWFLAT OPENS 5TH APR!!!"

[Strata]

Got this from an agent. Wonder how much will be the reduction.
"<ADV>SKY HABITAT. 507 UNITS. ATTRACTIVE PRICE ADJUSTMENT IS CONFIRMED!!! GET FIRST HAND INFO NOW!!!SHOWFLAT OPENS 5TH APR!!!"

Could it be over price previously and now under pressure to reduce price to stay competitive at this market sentiment?..

[august]

so looks like those who bought earlier are screwed.

[pmet]

so looks like those who bought earlier are screwed.

Looks like those who bought any properties near 2011 to 2014 are screwed.

[kane]

The size and architecture is nice but the price was just a tad too high. See if they get it right this time.

[Noexit]

Looks like those who bought any properties near 2011 to 2014 are screwed.

Won't drop one lah . Now u see sky habitat is price are more reasonable now jurong lakeside is already 1200 to 1300 . Is exp because the unit is big psf .

[matrix0405]

What is their new price? If Crapland signals 5% discount, the rest of the players must follow. More and more completed project with units unsold coming into the market every other month from now.

[Newbie1]

The pfs is not expensive, the problem is the quantum with the relative bigger size units. If they had 400+feet studios and 600+ 2 bedders, 900+3 bedders probably sold out by now

[Noexit]

The pfs is not expensive, the problem is the quantum with the relative bigger size units. If they had 400+feet studios and 600+ 2 bedders, 900+3 bedders probably sold out by now

yes you are right , they have the holding power one price wont drop.

[Komo]

psf needs to drop more since area is big. no point holding inventory and clock is ticking

[Strata]

psf needs to drop more since area is big. no point holding inventory and clock is ticking

I agree. Market has too many negative factors...sibor rate hike...CMs to stay....resales price keep dropping...holding power so what...the wise who have better foresight tends will not keep holding it if they know the property market in Singapore will be DEAD for at least the next few years...Keep so many empty units for what...affecting your cash flow..

[wt_know]

yeah ... big units kill the sale
foreigner ... 15% ABSD ...
local ... TDSR 60% & MSR 30% - apply to HDB only or both including private?
unit above $1.5M ... practically very hard to find buyer

The pfs is not expensive, the problem is the quantum with the relative bigger size units. If they had 400+feet studios and 600+ 2 bedders, 900+3 bedders probably sold out by now

[azeoprop]

So when will be the lelong sales?

[iridrium]

I agree. Market has too many negative factors...sibor rate hike...CMs to stay....resales price keep dropping...holding power so what...the wise who have better foresight tends will not keep holding it if they know the property market in Singapore will be DEAD for at least the next few years...Keep so many empty units for what...affecting your cash flow..

then why are there still developers bidding record prices for land even now?

[ichigo55]

then why are there still developers bidding record prices for land even now?

All these are already public information ... So what is it unknown that the market is still holding strong?

[wt_know]

land banking ... must have land on hand first then can develop

just like small contractor why must low ball main contractor for job. need project to continue to roll cash and loan

then why are there still developers bidding record prices for land even now?

[henryhk]

then why are there still developers bidding record prices for land even now?

If no land to construct housing, then the developer eat grass.....fixed cost overheads, manpower overheads, etc all the costs need to maintain! The worse they make less lor

[tahoo]

Showflat is closed now for renovation, till next week.

Was told by agent that they are going to improve the furnishing.

Anyone can verify?

[dtrax]

tia kong new release star hoots from 1370 psf

[sherrie]

Is it true that prices are lowered?

[Cyberknight]

Is it true that prices are lowered?

Yes. Abt 13xxpsf onwards

[princess_morbucks]

Yes. Abt 13xxpsf onwards

See today's ad!
3 bedder now cheaper than sky vue!
$1267 psf for typical 3 bedder.
Anyone went to look at it?
How's the size of the balcony?

[lionhill]

from Dleedon, to interlace to sky habitat, the lesson learned is that never, never buy new launch from CapitaLand. they will sell much cheaper near top.

next, wait for sky vue to drop?

[azeoprop]

Maybe later this year those high floor units in sky vue will sell at the same price as those low floor units.

[Allthepies]

Realise new launch RCR can no longer tahan... cutting prices...

CCR seems holding strong.. V on Shenton, Altez, Skysuite all not cutting price right?