It's *Freehold*...
http://www.propertyguru.com.sg/proje...tts-square-961
It's *Freehold*...
http://www.propertyguru.com.sg/proje...tts-square-961
Botanic on Lloyd
Sold 2 MAY 2017 33 LLOYD ROAD #XX-XX 1,819sq ft 1,748psf
Bought 21 JUN 2010 1,935psf
update on the cube 8 unit which a few enquired. the lodged caveat was 1.75m not 1.5m. still a good deal.
CUBE 8 THOMSON ROAD Condominium 11 CCR Freehold Resale 1 1,750,000 - 1,475 Strata 21 to 25 1,187 May-17
Spotlight on D11 sales:
Trilight
Sold 5 MAY 2017 7 NEWTON ROAD #XX-XX 2,099sq ft 1,674psf
Bought 10 JAN 2011 1,737psf
Soleil @ Sinaran
Sold 5 MAY 2017 2 SINARAN DRIVE #XX-XX 1,722sq ft 1,835psf
Bought 16 NOV 2011 1,858psf
Sky @ eleven
Sold 3 MAY 2017 9 THOMSON LANE #XX-XX 2,271sq ft 1,368psf
Bought 5 APR 2010 1,300psf
breakeven but psf is very close to the 3 year lows.
The Cube 8 unit in question:
Sold 2 MAY 2017 376 THOMSON ROAD #XX-XX 1,475sq ft 1,187psf
Bought 30 NOV 2015 1,390psf
not only loss + SSD too.
Buckley Classique
Sold 18 APR 2017 11 BUCKLEY ROAD #XX-XX 1,475sq ft 1,722psf
Bought 31 JAN 2012 2,089psf
Gilstead Two
Sold 20 APR 2017 2 GILSTEAD ROAD #XX-XX 775sq ft 1,935psf
Bought 28 JUN 2010 2,013psf
Adria
Sold 24 APR 2017 12 DERBYSHIRE ROAD #XX-XX 1,281sq ft 1,702psf
Bought 27 SEP 2010 1,775psf
Miro
Sold 25 APR 2017 1 LINCOLN ROAD #XX-XX 1,249sq ft 1,458psf
Bought 15 JUL 2009 1,415psf
another one sold for 3% stamp duty but perhaps collected significant rental.
no prior record but a good discount off the ask:
Nassim Jade
http://www.propertyguru.com.sg/listi...le-nassim-jade
ask $6.5m
NASSIM JADE NASSIM ROAD Condominium 10 CCR Freehold Resale 1 5,500,000 - 3,455 Strata 01 to 05 1,592 May-17
sold $5.5m
I don't comments on such news often. But I have to this time. This is one of the projects I always passed by on the way to or departing from Botanic Garden. I always admired it thinking why I wasn't rich enough to own one unit, so close to my favorite haunt. Now it is down to 1,500 psf. Time indeed has changed.
St thomas suites
Sold 5 MAY 2017 33 ST. THOMAS WALK #XX-XX 2,605sq ft 1,843psf
Bought 10 JUL 2007 2,220psf
Duchess Residences
Sold 21 APR 2017 106 DUCHESS AVENUE #XX-XX 2,756sq ft 1,306psf
Bought 28 JUN 2007 1,826psf
Sold 30 MAY 2017 102 DUCHESS AVENUE #XX-XX 2,756sq ft 1,379psf
Bought 22 JUN 2011 1,700psf
Actually a unit at Duchess Residences sold for 1176 psf back in January. That is about the same price some OCR condos were sold at. The feeding frenzy we saw in 2007 has turned into despair indeed.
St Thomas Suites
Sold 6 JUN 2017 33 ST. THOMAS WALK #XX-XX 1,819sq ft 1,787psf
Bought 28 JAN 2011 1,909psf
Sky @ Eleven
Sold 5 JUN 2017 5 THOMSON LANE #XX-XX 2,820sq ft 1,620psf
Bought 14 FEB 2012 1,710psf
The now highly publicized 2.7m loss helios unit:
Sold 26 MAY 2017 15 CAIRNHILL CIRCLE #XX-XX 2,002sq ft 2,148psf
Bought 13 JUL 2012 3,502psf
Most owners of Helios bought at >$3200 psf.
Have a friend who bought a 3BR at >$3400 psf against my advice, now staring with huge losses...........
Already told the friend don't buy at the HISTORICAL PEAK price in that location but just won't listen!
This is SAME AS OCR buyers now buying OCR 99-years leasehold new launch at THOUSAND YEARS HISTORICAL PEAK, they will staring at huge losses a few years down the road!
You are right, that is why there is no need to move outside of Singapore in order to earn money (be it from within Singapore or outside of Singapore)!
Anyway, most important thing is: Singapore is safe!
When you have money, and money is not an issue, then the next is personal safety for yourself and your families.
Tell us, which other country is as safe and as bright and sunny with readily available white sand seaside and as convenient as Singapore?
Jokes aside, it is not surprising that this and other CCR projects have seen their fortunes turn to dust. When Orchard was the jewel of the crown crowded with tourists, it was glamorous to live in that area. But now Orchard has turned into a ghost town,..... By the way, I never saw any potential in Orchard even when irrational exuberance was on, back in mid 2000s. It is just a glistering but cheap and gaudy shopping strip devoid of culture and class, and replete with hookers/maids and tai-tai wannabes with too much time on their hands when their old husbands toiled in so-called financial industries, which by the way brought nothing but heartache to Singaporean investors, who lost billions owning those fraud-laden Chinese stocks.
Prosperity in Singapore in that era was just a dream, and one has to wake up and smell the coffee. Hope you have good coffee.
Saying Singapore is safe is akin to telling your friends who have lost millions in the casino: "as long as you have your health..." Other than safe, pray tell me, what is going for Singapore now? Stability? Don't make me laugh. Isn't one of the lees and his wife talking about leaving their beloved Singapore?
Last edited by stalingrad; 15-06-17 at 20:54.
If CCR turn into dust, what will become of OCR? OCR will turn into Shit?
As I said before, Singapore has good infrastructure, and we can live safely and still invest in all kind of investments around the world without stepping outside of Singapore.
So if you are capable, Singapore is Oysters! We smell the roses with nice coffee every morning in bright and sunny weather! We don't have to endure cold weather with gloomy sky (known to cause many people to go into depression) and carry around and wear stupid thick clothings etc.................
If you are not capable, then unfortunately you have to leave Singapore then.............