Thank you Laguna! Pacific Mansion is going to launch sale @ 788M, PPR 1600 PSF, any chance to get en bloc? Personally feel the reserve price too low when compared to Amber Park PPR 1517 PSF.
Thank you Laguna! Pacific Mansion is going to launch sale @ 788M, PPR 1600 PSF, any chance to get en bloc? Personally feel the reserve price too low when compared to Amber Park PPR 1517 PSF.
http://www.propertyguru.com.sg/prope...r-en-bloc-sale
Pacific Mansion up for en bloc sale
• October 6, 2011
Pacific Mansion, a 128,353.16 sq ft residential site at River Valley Close, has been put up for en bloc sale with an indicative price of S$990 million (around S$2,008 psf ppr).
So ? 788m , 1600 psf ppr , too low or just nice ? Martin modern nearby 1235 psf.
Sorry, I don't understand Martin modern nearby 1235 psf.
Let me give you some insight about what's happening in District 9, where a Government land sales site at Jiak Khim where the old Zouk Club used to be, has been triggered with a minimum land bid of $1250psf per plot ratio.
Traditionally, based on past biddings, it translates to having the closing bid at 30% higher than the minimum bid. This would mean $1625psf per plot ratio. For a developer to profit 15% from this development, they will have to launch at a range of $2375psf to $2825psf! That's a 15% increment over Martin Modern's current pricing!
Take advantage of the current entry of $2000 to $2450psf in Martin Modern before Guocoland increases their prices!
http://www.straitstimes.com/business...ng?xtor=CS3-18
PM me before it is too late.
There is something going on in the market and I don't know, only know if you don't action now you might MTB again.
Martin Modern land price 1235 psf ppr .
They can price whatever they like. Question is, can it move?
At the rate Beach Road site goes, the same question applies.
Beach road $1700++ psf PPR , When is the tender close date for Park West? Why no news?