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Thread: Parc Botannia at Fernvale

  1. #101

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    Quote Originally Posted by azeoprop View Post
    Actually quite alot of 5xxk 1 bedders resale listed in property guru.
    seems like for parc botannia, all the 5xxk units are sold and even the 6xxk 1+study now starts from 670k.

  2. #102
    Join Date
    May 2012
    Posts
    3,952

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    Quote Originally Posted by azeoprop View Post
    Actually quite alot of 5xxk 1 bedders resale listed in property guru.
    A lot are not really listing, but fishing...
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  3. #103

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    Quote Originally Posted by thomastansb View Post
    Can't believe people are paying close to 1500psf for this location. lol
    but to be more accurate, there are still 12xxpsf bigger units that they are selling. the highest psf is 1463 and 1452 for the last 2 1 bedders and 1435 for a 2 bedder. the 377 units sold so far have a weighted average psf of 1276psf but i think most of the remaining units should be asking for > 1300psf by now.

  4. #104

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    PARC BOTANNIA FERNVALE STREET Condominium 28 OCR 99 years leasehold New Sale 1 $1,248,112 - 872sq ft Strata 16 to 20 1,432psf Jun-18

    buyers are willing to pay a premium even though Riverfront is launching at 12xxpsf.

  5. #105
    Join Date
    Oct 2012
    Posts
    1,160

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    Quote Originally Posted by bargain hunter View Post
    PARC BOTANNIA FERNVALE STREET Condominium 28 OCR 99 years leasehold New Sale 1 $1,248,112 - 872sq ft Strata 16 to 20 1,432psf Jun-18

    buyers are willing to pay a premium even though Riverfront is launching at 12xxpsf.
    Surprise to see Riverfront residences is selling so low price. Curious to know what will be the sale like on 7 July for Riverfront...

  6. #106

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    Quote Originally Posted by star View Post
    Surprise to see Riverfront residences is selling so low price. Curious to know what will be the sale like on 7 July for Riverfront...
    I guess riverfront will only sell at that indicated price on the first day to create the hype. Then they will inch up the prices to slowly sell till top. Their land cost is 669psf ppr including the 10% balcony bonus. Their profit margin will be razor thin if all their units sell at that indicated price.

  7. #107

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    428 units sold so far or 58% of total units.

    Quote Originally Posted by bargain hunter View Post
    PARC BOTANNIA FERNVALE STREET Condominium 28 OCR 99 years leasehold New Sale 1 $1,248,112 - 872sq ft Strata 16 to 20 1,432psf Jun-18

    buyers are willing to pay a premium even though Riverfront is launching at 12xxpsf.

  8. #108

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    Quote Originally Posted by azeoprop View Post
    428 units sold so far or 58% of total units.
    with this being their only project, they seem really happy to let it ride with the tide as still have 3+ years to sell from now.

    on the other hand, riverfront should be as you said. they need to sell fast as they NEED to so they will use the first phase to entice buyers. chances are that the bulk of the remaining units will be sold from 13xxpsf.

  9. #109

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    new high quantum for this project set in July 2018:

    PARC BOTANNIA FERNVALE STREET Condominium 28 OCR 99 yrs lease commencing from 2016 New Sale 1 $1,900,000 - 1,453sq ft Strata 16 to 20 1,308psf Jul-18

    new high psf for this project set in July 2018:

    PARC BOTANNIA FERNVALE STREET Condominium 28 OCR 99 yrs lease commencing from 2016 New Sale 1 $855,000 - 581sq ft Strata 16 to 20 1,471psf Jul-18

    Sengkang Central project could help this project clear more units at 13xxpsf.

  10. #110

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    I've notice extensive land clearing at the seletar west farmway area. Wonder what industrial area is coming up there.

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