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Thread: Paya Lebar Quarter

  1. #166

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    A Katong Regency 2 bedroom unit was recently sold @ 1983 psf ( 1.9M for 958sqft) . It wasn't even one of the higher floors. It looks like the price has been lifted by the Park Place Res launch since that is LH and went at an average of 1800 psf while KR is FH.

  2. #167

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    Quote Originally Posted by PropVestor View Post
    Actually there are some linkage to it. PLQ pricing has lifted entire D14 prices like future Eunos Ville pricing (en bloc at $122mil above asking) and in some way Sim Urban Oasis and TRE sell throughs.

    330 more hopefuls with $2.2mil+ in the pocket looking around. They can easily afford the most expensive unit in PPR (Phase I prices).

    My bet is LandLease will wait till 2018 and then dust off their showroom for re-launch with their Mall and Offices semi-completed in the background.

    You can own things that people do not have by seeing things that they do not yet see.

    2 cents,
    PropVestor
    Indeed, PPR made SUO and TRE looked very affordable (by being $400-500 lower in psf).

    Both these projects have been selling quite well since, despite substantial price increase (some 10-15% I heard) in between.

  3. #168
    Join Date
    Nov 2015
    Location
    Duo Residences
    Posts
    291

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    http://www.straitstimes.com/business...-lebar-quarter

    More 50% leased out for office component. Retail component at 40%. Both are one year out to opening. Now we shall see Phase II PPR response. I reckon it will be after CNY.

  4. #169

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    Quote Originally Posted by PropVestor View Post
    http://www.straitstimes.com/business...-lebar-quarter

    More 50% leased out for office component. Retail component at 40%. Both are one year out to opening. Now we shall see Phase II PPR response. I reckon it will be after CNY.
    I wonder who are those finance and technology MNCs mentioned in the article...

  5. #170
    Join Date
    Nov 2015
    Location
    Duo Residences
    Posts
    291

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    Not sure but word will get out pretty soon.

    If giants like Daimler (Mercedes Benz) can shift all the way from Centennial Tower to far flung Westgate a couple of year ago, its anybody's guess who might do the same for a city fringe location. Grade A no less.

    http://www.businesstimes.com.sg/real...gate-in-jurong

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