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

[devilplate]

i hate the gapping in stocks nowadays. open gap up or gap down. makes it feel like casino.

I am waiting for entry point now....

Just tcss for time being....wakakaka

[DC33_2008]

Got to wait for major correction to see eastpring mip drops. Yup, property in malaysia is not for rental. Retiring in Iskandar may not be too bad with marina and sea view as compared to Reflection with so expensive view towards the marina plus oil refinery.

Me no msia ppty guru.....

My frens and relatives in msia advise me dun touch.....they told me kl fringe areas goodie....but i nvr explore further.....just keep some RM to earn 3%FD

Imo, iskandar ppty can only buy for cap gain...no rental prospect one lor....

ur eastspring mip not bad....but now pricing abit high leh....got chance dip below $1 again?

[kane]

Me no msia ppty guru.....

My frens and relatives in msia advise me dun touch.....they told me kl fringe areas goodie....but i nvr explore further.....just keep some RM to earn 3%FD

Imo, iskandar ppty can only buy for cap gain...no rental prospect one lor....

ur eastspring mip not bad....but now pricing abit high leh....got chance dip below $1 again?

sure got chance of capital gain. they have so much palm oil land to develop. there's no scarcity of supply... i'm less bullish on malaysian properties.

[teddybear]

Their land is like >200x of Singapore, but their population only 4x of Singapore, how to have good chance of capital gain?

sure got chance of capital gain. they have so much palm oil land to develop. there's no scarcity of supply... i'm less bullish on malaysian properties.

[kane]

Their land is like >200x of Singapore, but their population only 4x of Singapore, how to have good chance of capital gain?

it's closer to paper money, almost endless supply probably in our lifetime at least.

[DC33_2008]

Singaporean may go over to JB on the M2H (Malaysia my 2nd home) scheme to invest property and buy a malaysian reg car and drive over to singapore as COE is hitting beyond $80,000 today and rising healthcare services.

Me no msia ppty guru.....

My frens and relatives in msia advise me dun touch.....they told me kl fringe areas goodie....but i nvr explore further.....just keep some RM to earn 3%FD

Imo, iskandar ppty can only buy for cap gain...no rental prospect one lor....

ur eastspring mip not bad....but now pricing abit high leh....got chance dip below $1 again?

[bargain hunter]

http://www.propertyguru.com.sg/listi...hill-residence

developer launch prices for the only 5 such units (#12 to #16-03): jun 06 1605psf, nov 06 1687psf mar 07 1792psf and 1813psf, 1 caveat not lodged.

how, asking price is now at 2007 mar, before huge run up prices liao and locked in at pathetic yield. any takers?

[kane]

http://www.propertyguru.com.sg/listi...hill-residence

developer launch prices for the only 5 such units (#12 to #16-03): jun 06 1605psf, nov 06 1687psf mar 07 1792psf and 1813psf, 1 caveat not lodged.

how, asking price is now at 2007 mar, before huge run up prices liao and locked in at pathetic yield. any takers?

the dining room window view looks like you're staring down at your neighbour, or your neighbour can probably see what you're having for dinner. otherwise, the other facing looks good. But i find the thin strip of layout a little undesirable... location wise, it's probably at the prime prime...

[devilplate]

Singaporean may go over to JB on the M2H (Malaysia my 2nd home) scheme to invest property and buy a malaysian reg car and drive over to singapore as COE is hitting beyond $80,000 today and rising healthcare services.

Yes possible...

But i dun see myself doing tat.....dun hf to drive in sg if i cant afford....dun hf to stay in condo if i cant afford too

[teddybear]

In 1 of the lousier area in Orchard. Not that convenient over there without a car.

the dining room window view looks like you're staring down at your neighbour, or your neighbour can probably see what you're having for dinner. otherwise, the other facing looks good. But i find the thin strip of layout a little undesirable... location wise, it's probably at the prime prime...

[devilplate]

http://www.propertyguru.com.sg/listi...hill-residence

developer launch prices for the only 5 such units (#12 to #16-03): jun 06 1605psf, nov 06 1687psf mar 07 1792psf and 1813psf, 1 caveat not lodged.

how, asking price is now at 2007 mar, before huge run up prices liao and locked in at pathetic yield. any takers?

Teddybear, for u to grab!

I will become weak holder if i were to buy 4mil at 8.3k.....me no such holding power

[bargain hunter]

you said you didn't see any fire sale, this is one. advertised for quite awhile already. still available.

just fyi, the 2750psf mentioned was achieved by a much smaller 3 bedder.

no 4 bedder of this size has been sub sold or resold since launch.

the only 4 bedder resale was for a larger unit of 2454 sq ft #16-01 (highest floor other than ph) bought at 1513psf in jun 06 and resold in feb 2010 at 1838psf.

the dining room window view looks like you're staring down at your neighbour, or your neighbour can probably see what you're having for dinner. otherwise, the other facing looks good. But i find the thin strip of layout a little undesirable... location wise, it's probably at the prime prime...

[devilplate]

In 1 of the lousier area in Orchard. Not that convenient over there without a car.

But i tot quite exclusive area wor....dun haf to be very near to malls and mrt for such ppty rite?

The problem wif this project is lack of facilities....puny pool too! But view very nice for tat unit leh

[kane]

In 1 of the lousier area in Orchard. Not that convenient over there without a car.

That area everyone owns a car leh.

[teddybear]

You have not seen those that are exclusive within but just walk <500m can reach ION or Wheelock Place? And these condo estates have full facilities as well! Those are the primest prime in Orchard...

But i tot quite exclusive area wor....dun haf to be very near to malls and mrt for such ppty rite?

The problem wif this project is lack of facilities....puny pool too! But view very nice for tat unit leh

[bargain hunter]

pple like to compare with neighbouring project right?

one tree hill residence is sandwiched between parkview eclat and cliveden @ grange wor. 2 of the most power projects on grange road.

why huh? super super discount to neighbour and almost equally new also no one want ah?

wakakakakaka

But i tot quite exclusive area wor....dun haf to be very near to malls and mrt for such ppty rite?

The problem wif this project is lack of facilities....puny pool too! But view very nice for tat unit leh

[kane]

You have not seen those that are exclusive within but just walk <500m can reach ION or Wheelock Place? And these condo estates have full facilities as well! Those are the primest prime in Orchard...

Nassim prime enough?

[bargain hunter]

for above 10th floor (all 3 bedders on 10th or below floor), the 2 4-bedders on each floor are back to back. the unit faces south, ie gets road noise from grange road. the bigger unit neighbour will face north and look in the direction of teddy's prime of prime.

But i tot quite exclusive area wor....dun haf to be very near to malls and mrt for such ppty rite?

The problem wif this project is lack of facilities....puny pool too! But view very nice for tat unit leh

[devilplate]

pple like to compare with neighbouring project right?

one tree hill residence is sandwiched between parkview eclat and cliveden @ grange wor. 2 of the most power projects on grange road.

why huh? super super discount to neighbour and almost equally new also no one want ah?

wakakakakaka

Ya lor....parkview eclat 3600psf and 11mio last yr lor! This one 4mil can stay beside liao! No nid 11mio!

However no endorsement from our ccr guru teddybear wor....

[bargain hunter]

but still..........nobody wants......

Ya lor....parkview eclat 3600psf and 11mio last yr lor! This one 4mil can stay beside liao! No nid 11mio!

[devilplate]

but still..........nobody wants......

I believe if the unit is not tenanted....prolly oredi sold.....

[bargain hunter]

1) it shows the state of rental of the 2000+ sq ft 4 bedroom market.

http://www.propertyguru.com.sg/listi...hill-residence

another one tenanted at 8.5k also wanna sell

2) http://www.propertyguru.com.sg/listi...hill-residence re 1st floor plan

this is a stack 3 unit, ie same stack as the 4 bedder but < 10 floor. given how small the bedrooms are and how thin the 4 bedder's living room looked as kane mentioned, i doubt the fire sale unit has a very exciting layout.

I believe if the unit is not tenanted....prolly oredi sold.....

[stl67]

anyone knows this project? Good buy? Any chance for enbloc in the future?

http://www.propertyguru.com.sg/listi...mmerville-park

[devilplate]

anyone knows this project? Good buy? Any chance for enbloc in the future?

http://www.propertyguru.com.sg/listi...mmerville-park

Not so gd buy compared to 1treehill wor

[devilplate]

1) it shows the state of rental of the 2000+ sq ft 4 bedroom market.

http://www.propertyguru.com.sg/listi...hill-residence

another one tenanted at 8.5k also wanna sell

2) http://www.propertyguru.com.sg/listi...hill-residence re 1st floor plan

this is a stack 3 unit, ie same stack as the 4 bedder but < 10 floor. given how small the bedrooms are and how thin the 4 bedder's living room looked as kane mentioned, i doubt the fire sale unit has a very exciting layout.

Wat i meant was tat once unit is tenanted out, can only attract investors.....how to sell to investors wif such rental yield rite? If sell vacant, can attract homebuyers mah.....can seriously consider if got 4mio to spare ......view not bad.....quite new and beside super expensive project

[bargain hunter]

Asking lower than the lowest caveat price ($5.95m) in the last 2 years.

http://www.propertyguru.com.sg/listi...range-infinite

http://www.propertyguru.com.sg/listi...range-infinite

project has 68 units. 16 sold in 07 peak, mostly at 3000+psf.

52 sold to ARA Dragon fund (said to be at around 2700psf). Dragon fund managed to flip out 11 or 12 units. stuck with remaining 40 units. last year sue chip eng seng said "not luxurious enough".

chip served them with 21 day notice for #20-03 and #36-01, ARA asks for injuction: http://info.sgx.com/webcoranncatth.n...DF?openelement

messy messy messy. buyer beware.

[bargain hunter]

http://www.propertyguru.com.sg/listi...range-infinite

$8.096m caveat price asking for $13,800 = 2% GROSS yield. excellent.

[DC33_2008]

Those properties near the marina in Iskandar can be accessed by: MRT/LRT, Car and ferry. Not bad.

Yes possible...

But i dun see myself doing tat.....dun hf to drive in sg if i cant afford....dun hf to stay in condo if i cant afford too

[stl67]

Not so gd buy compared to 1treehill wor

agree but 1treehill quantum is 4mio...unless can negotiate a bit... strange is why the rental is so low..

[yaozong7]

Those properties near the marina in Iskandar can be accessed by: MRT/LRT, Car and ferry. Not bad.

If you talking abt the likes of Puteri Harbour, its more risky I feel...MRT more or less confirmed to be at JB Sentral area. I distrust 'grand projects' like Puteri Harbour with potentially limited human flow..

Tropez is better lah. Sea view, freehold, 5 mins by car to JB Sentral and mixed development. Somemore, Tony Fernandez set up Tune Hotel nearby...He has the inside connections.....

If you got spare cash, you can buy and hold till MRT is built in 10 years time. Probably can treble the returns at least. If no spare cash, it could be risky as interest rate is higher there.....