A few CCR transactions sold at a loss (reported in The Edge)

**bargain hunter** · 30-09-16, 18:58

Hilltops

Sold 15 SEP 2016 101 CAIRNHILL CIRCLE #XX-XX 1,550sq ft 2,419psf
Bought 12 NOV 2007 3,576psf

**bargain hunter** · 30-09-16, 18:58

The Tate Resi

Sold 14 SEP 2016 21 CLAYMORE ROAD #XX-XX 2,185sq ft 2,300psf
Bought 2 JUL 2009 2,400psf

**bargain hunter** · 30-09-16, 19:01

The Solitaire

Sold 20 SEP 2016 5A BALMORAL PARK #XX-XX 1,561sq ft 1,583psf
Bought 18 APR 2007 1,992psf

**bargain hunter** · 30-09-16, 19:03

Ardmore II

Sold 19 SEP 2016 1 ARDMORE PARK #XX-XX 2,024sq ft 2,483psf
Bought 27 APR 2011 2,811psf

**bargain hunter** · 30-09-16, 19:05

Parkview Eclat

Sold 15 SEP 2016 138 GRANGE ROAD #XX-XX 3,251sq ft 2,399psf
Bought 3 JUL 2007 3,360psf

**stalingrad** · 01-10-16, 20:33

Originally Posted by bargain hunter

Parkview Eclat

Sold 15 SEP 2016 138 GRANGE ROAD #XX-XX 3,251sq ft 2,399psf
Bought 3 JUL 2007 3,360psf

lost money although it was purchased in 2007. We bought our Carabelle in 2007 and we are still way ahead. We paid about $500 psf. OCF is down but not by much.

**dragonandsnake** · 03-10-16, 15:39

Hi Bargain Hunter, is this the lowest $psf @ HELIOS RESIDENCES , $4,000,000 1,916sqft (01 to 05) $2,088psft Sep-16?

**bargain hunter** · 03-10-16, 19:32

Originally Posted by dragonandsnake

Hi Bargain Hunter, is this the lowest $psf @ HELIOS RESIDENCES , $4,000,000 1,916sqft (01 to 05) $2,088psft Sep-16?

HISTORICAL LOW
S$ 2,088 PSF IN SEP 2016 FOR A 1,916-SQFT UNIT

yes, indeed it is!

Sold 20 SEP 2016 17 CAIRNHILL CIRCLE #05-08 1,916sq ft 2,088psf
Bought 1 AUG 2007 2,696psf

**dragonandsnake** · 03-10-16, 21:11

Just opposite, another lowest?

HILLTOPS S$3,750,000 ,1,550sqft 01 to 05 $2,419psf Sep-16?

**teddybear** · 03-10-16, 21:53

Wow! From what I know, most owners bought at $3000 psf and above!
CCR private property prices crashing to new low!

Time will come for OCR private property prices to crash (which is slowing happening now, although OCR prices are still close to historical high ever hit in Singapore)!

Originally Posted by bargain hunter

HISTORICAL LOW
S$ 2,088 PSF IN SEP 2016 FOR A 1,916-SQFT UNIT

yes, indeed it is!

Sold 20 SEP 2016 17 CAIRNHILL CIRCLE #05-08 1,916sq ft 2,088psf
Bought 1 AUG 2007 2,696psf

**Kelonguni** · 03-10-16, 22:09

Originally Posted by teddybear

Wow! From what I know, most owners bought at $3000 psf and above!
CCR private property prices crashing to new low!

Time will come for OCR private property prices to crash (which is slowing happening now, although OCR prices are still close to historical high ever hit in Singapore)!

Already predicted outcome for you in 2012. If you knew how to make use of it, would surely have saved a lot.

Let me predict for you that the situation will still be largely the same in 2018, but with all sectors experiencing even growth. CCR>RCR>OCR but price gap in % the same.

**Singleton** · 03-10-16, 23:45

how did owner lose $$ buying in 2009???

Originally Posted by bargain hunter

St Thomas Suites

9 SEP 2016 31 ST. THOMAS WALK #16-01 2,605sq ft 1,689psf
Bought 25 NOV 2009 1,900psf

a good bargain. was advertised at 4.7m nego for awhile before being sold at 4.4m.

**bargain hunter** · 03-10-16, 23:50

Originally Posted by Singleton

how did owner lose $$ buying in 2009???

by nov 2009, many CCR projects had moved up by 20% off the scary lows.

the current psf is also a below market psf caused by seller's urgency to sell.

**bargain hunter** · 03-10-16, 23:51

Originally Posted by dragonandsnake

Just opposite, another lowest?

HILLTOPS S$3,750,000 ,1,550sqft 01 to 05 $2,419psf Sep-16?

nope, some were more desperate in the scary 2009 lows:

HISTORICAL LOW
S$ 2,199 PSF IN JUL 2009 FOR A 807-SQFT UNIT

**teddybear** · 04-10-16, 00:05

This 2605 sqft unit at S$1689 psf is probably close to St Thomas Suites' HISTORICAL LOW (for that size)!!!!!!!

St Thomas Suites' historical high price is about S$2900 psf!

Originally Posted by bargain hunter

by nov 2009, many CCR projects had moved up by 20% off the scary lows.

the current psf is also a below market psf caused by seller's urgency to sell.

Originally Posted by bargain hunter

St Thomas Suites

9 SEP 2016 31 ST. THOMAS WALK #16-01 2,605sq ft 1,689psf
Bought 25 NOV 2009 1,900psf

a good bargain. was advertised at 4.7m nego for awhile before being sold at 4.4m.

**bargain hunter** · 04-10-16, 13:21

Originally Posted by teddybear

This 2605 sqft unit at S$1689 psf is probably close to St Thomas Suites' HISTORICAL LOW (for that size)!!!!!!!

St Thomas Suites' historical high price is about S$2900 psf!

the launch of STS was in early 2007 and that was before the hype. the lowest psf for this type of unit was #03-06 at 1618psf at the launch in feb 2007. for its own stack, 03-01 was at 1640psf. only 4 other units were sold at below 1689psf highest floor being 08-06. this unit is 16-01, much higher than those units. to be fair, 2905psf was achieved by the super ultimate penthouse, single storey 7,685sq ft. unique. the next highest psf was "only" 2364psf set in 2013.

**bargain hunter** · 04-10-16, 13:32

Belle Vue

Sold 27 SEP 2016 31 OXLEY WALK #XX-XX 2,239sq ft 1,764psf
Bought 25 JAN 2011 2,376psf

**bargain hunter** · 04-10-16, 13:33

One Jervois

Sold 27 SEP 2016 11 JERVOIS CLOSE #XX-XX 1,733sq ft 1,500psf
Bought 29 MAR 2010 1,490psf

Couldn't cover stamp duty. I felt this one was a good deal. The unit was sold within a few days of it being advertised and the advert quickly taken down.

**teddybear** · 04-10-16, 20:45

Good deal indeed (but I don't like the Jervois area)....

Originally Posted by bargain hunter

One Jervois

Sold 27 SEP 2016 11 JERVOIS CLOSE #XX-XX 1,733sq ft 1,500psf
Bought 29 MAR 2010 1,490psf

Couldn't cover stamp duty. I felt this one was a good deal. The unit was sold within a few days of it being advertised and the advert quickly taken down.

**bargain hunter** · 14-10-16, 20:38

Vivace

Sold 4 OCT 2016 19 TONG WATT ROAD #XX-XX 398sq ft 2,059psf
Bought 29 APR 2010 2,175psf

**bargain hunter** · 14-10-16, 20:41

rare loss for MM

**dragonandsnake** · 20-10-16, 16:18

Originally Posted by bargain hunter

nope, some were more desperate in the scary 2009 lows:

HISTORICAL LOW
S$ 2,199 PSF IN JUL 2009 FOR A 807-SQFT UNIT

I think this is lowest psf for Helios,

HELIOS RESIDENCES Freehold S$4,000,000 -1,916sqft (01 to 05) S$2,088psf

**Werther** · 21-10-16, 22:07

heard one of the units is haunted.

**stalingrad** · 22-10-16, 20:55

Originally Posted by Werther

heard one of the units is haunted.

Only in Asia would haunting be a factor in home purchasing decisions. Still believe in ghosts in this day and age?

**bargain hunter** · 28-10-16, 15:37

CLIVEDEN AT GRANGE GRANGE ROAD Condominium 10 CCR Freehold Resale 1 4,500,000 - 2,153 Strata 01 to 05 2,090 Oct-16

new low for cliveden

**bargain hunter** · 28-10-16, 17:58

Cliveden

Sold 20 OCT 2016 100 GRANGE ROAD #05-01 2,153sq ft 2,090psf
Bought 31 JUL 2007 3,286psf

**bargain hunter** · 28-10-16, 18:00

Rivergate

Sold 20 OCT 2016 99 ROBERTSON QUAY #XX-XX 1,539sq ft 1,878psf
Bought 30 AUG 2012 1,949psf

**bargain hunter** · 08-11-16, 18:48

The Metz

Sold 10 OCT 2016 83 DEVONSHIRE ROAD #XX-XX 581sq ft 2,237psf
Bought 8 NOV 2010 2,354psf

**bargain hunter** · 08-11-16, 19:05

St Regis after 10 years

Sold 31 OCT 2016 33 TANGLIN ROAD #XX-XX 2,756sq ft 2,214psf
Bought 9 OCT 2006 2,703psf

**bargain hunter** · 08-11-16, 19:13

Orange Grove Residences after 9 years 8 months+

Sold 27 OCT 2016 33 ORANGE GROVE ROAD #XX-XX 3,671sq ft 1,662psf
Bought 13 FEB 2007 2,143psf

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