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Thread: Martin Modern, upcoming new development at Martin Place bubble guocoland

  1. #16

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    I'd be amazed if Guocoland can manage to sell 30% of the units by end July.

    High relative psf, blocked views, 99-year leasehold, and the relatively high maintenance fees for the 'concierge' service. Eats into a huge part of the rental. Not exactly near to mrt either.

    To move units at this psf range, it should be selling 500-600sqft units instead.

    The upkeep of the estate, with its extensive greens, will be a hefty burden to the 450 proprietary owners over time.

    At this price point and quantum, there are no lack of choices.

  2. #17

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    Received SMS on the project

    This is Final weekend to preview Martin Modern showflat and submit interest to enjoy up to 6% Early Bird Discount.

    2 Br from $1.71M
    2+Study from $1.84M
    3 Br from $2.02M
    4 Br from $3.67M

    The indicative price is now lower than the earlier $1.8m.

  3. #18

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    yup, that's the 5% discount.

  4. #19

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    If they continue to drop a further 5% on launch day, I think they can move the 2+S/3 (non premium) bedroom units at lower quantum. It's all a quantum game these days.

  5. #20

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    How's the ballot takeup rate like yesterday? Anyone with any news?

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