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Thread: One Shenton (D1, 99 year leasehold, CDL)

  1. #41
    GURU Guest

    Default Re: One Shenton (D1, 99 year leasehold, CDL)

    If you can get a unit at below average price, do it! Good mid to long term holding. Now may not be obvious but in 3 years time, ho ho ho. Can laugh to the bank already.

  2. #42
    Unregistered Guest

    Default Re: One Shenton (D1, 99 year leasehold, CDL)

    i think many investors are just waiting for the price to go down, which i think is unlikely.

  3. #43
    2009 Guest

    Thumbs down Re: One Shenton (D1, 99 year leasehold, CDL)

    Quote Originally Posted by GURU
    If you can get a unit at below average price, do it! Good mid to long term holding. Now may not be obvious but in 3 years time, ho ho ho. Can laugh to the bank already.
    Before 3 yrs time the bubble has burst already .

  4. #44
    Unregistered Guest

    Default Re: One Shenton (D1, 99 year leasehold, CDL)

    CDL took back all the units whose options have lapsed and sold them in HK and Jakarta! For higher prices.

    - from an insider.

  5. #45
    nonsense Guest

    Default Re: One Shenton (D1, 99 year leasehold, CDL)

    Quote Originally Posted by Unregistered
    CDL took back all the units whose options have lapsed and sold them in HK and Jakarta! For higher prices.

    - from an insider.
    Talking rubbish, i have a friend working there so cut the crap. There is still stuck units(many).

  6. #46
    insider Guest

    Default Re: One Shenton (D1, 99 year leasehold, CDL)

    Quote Originally Posted by nonsense
    Talking rubbish, i have a friend working there so cut the crap. There is still stuck units(many).
    There will be many more stuck units, had CDL not sold them overseas. Is your friend a lowly secretary? Does she know what she's talking about?

    -insider

  7. #47
    Reuters Guest

    Default Limited Residential Supply

    Singapore to disallow conversion of office buildings (to residential buildings) in central area.

  8. #48
    Unregistered Guest

    Default Re: One Shenton (D1, 99 year leasehold, CDL)

    This means Kwek LB will be very happy to auction the remaining One Shenton units off at record high prices.

  9. #49

    Default Re: One Shenton (D1, 99 year leasehold, CDL)

    This project was sold out in Jan 07. However, in the latest update to URA, the developer reported that only 260 out of 341 are sold. That means 81 units (24%) were returned to the developer. What happened????? How come rich people cannot foot the deposit?

  10. #50
    Unregistered Guest

    Default Re: One Shenton (D1, 99 year leasehold, CDL)

    Quote Originally Posted by Madeira
    This project was sold out in Jan 07. However, in the latest update to URA, the developer reported that only 260 out of 341 are sold. That means 81 units (24%) were returned to the developer. What happened????? How come rich people cannot foot the deposit?
    isn't it pretty obvious some are pure gamblers out to make quick bucks simply by flipping the units before having to exercise the options? not all who picked up units on launch day are able to afford the units.

    anyways, it has worked out well for cdl. get to pocket the deposits and now have good chance to sell the units at higher prices given that there is a ban on conversion of office buildings into residential ones.

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