Page 4 of 10 FirstFirst 12345678 ... LastLast
Results 61 to 80 of 187

Thread: Emerald Gardens - your view

  1. #61

    Default RECENT TRANSACTIONS

    RECENT TRANSACTIONS:

    #11-21 999 Yrs From 01/10/1827 $1355PSF 1033 $1400k 11 Feb 10
    #08-15 999 Yrs From 01/10/1827 $1430PSF 1238$1770k 10 Feb 10

    CLIFT AND ONE SHENTON HELP TO BOOST UP PRICE AT EMERALD GARDEN GIVEN 999 LH AND NEAR FUTURE MRT STN.

  2. #62

    Default PRICES AT EMERALD GARDEN IS RISING WITH MORE TRANSACTIONS

    MORE TRANSACTIONS IN EMERALD GARDEN WITH PRICES INCREASING.


    #07-09 999 Yrs From 01/10/1827 $1457 1098 $1600k 29 Mar 10
    #11-18 999 Yrs From 01/10/1827 $1503 1216 $1828k 29 Mar 10
    #07-02 999 Yrs From 01/10/1827 $1340 1528 $2048k 26 Mar 10
    #06-22 999 Yrs From 01/10/1827 $1481 1033 $1530k 26 Mar 10
    #11-17 999 Yrs From 01/10/1827 $1440 829 $1193k 25 Feb 10
    #11-21 999 Yrs From 01/10/1827 $1355 1033 $1400k 11 Feb 10
    #08-15 999 Yrs From 01/10/1827 $1430 1238 $1770k 10 Feb 10

  3. #63
    Join Date
    Nov 2008
    Posts
    253

    Default

    Overpriced

  4. #64

    Default

    Why is it overpriced? Pls advice.

  5. #65
    Join Date
    Dec 2008
    Posts
    3,678

    Default

    pricing is nearing highest ever peak, so upside lesser and lesser, no enbloc in sight also... of cos not saying it wont break new high

  6. #66

    Default

    Quote Originally Posted by august
    pricing is nearing highest ever peak, so upside lesser and lesser, no enbloc in sight also... of cos not saying it wont break new high
    When I bought Southbank, prices are near to peak too... People say crazy to buy southbank 1200plus, lesser upside. Now someone offer me 1450psf already. What's e hurry?

  7. #67
    Join Date
    Dec 2008
    Posts
    3,678

    Default

    Quote Originally Posted by Property_Owner
    When I bought Southbank, prices are near to peak too... People say crazy to buy southbank 1200plus, lesser upside. Now someone offer me 1450psf already. What's e hurry?
    how much u bought ur southbank? u bought subsale ah?

  8. #68

    Default

    Quote Originally Posted by Property_Owner
    When I bought Southbank, prices are near to peak too... People say crazy to buy southbank 1200plus, lesser upside. Now someone offer me 1450psf already. What's e hurry?

    Not bad! Someone offered me yesterday only $1420psf. Can wait.

  9. #69

    Default

    Quote Originally Posted by august
    pricing is nearing highest ever peak, so upside lesser and lesser, no enbloc in sight also... of cos not saying it wont break new high
    In comparison to a stone throw development like One Shenton and the Clift, do you think it is overpriced given those are 99LH and EG is 999LH?

  10. #70
    Join Date
    Dec 2008
    Posts
    3,678

    Default

    Quote Originally Posted by DC33_2008
    In comparison to a stone throw development like One Shenton and the Clift, do you think it is overpriced given those are 99LH and EG is 999LH?
    no 2 projects r the same.. those 2 r high rise & are quite diff from something like EG..

    EG potential to me lies in enbloc, and nestling within a conservation area i nt sure will there b any issue




    iirc EG's peak is around 1800psf in the last cycle, now sellers are asking 1600 or 1700psf rite?? a buyer entering at this price how much does he hope to unload for? 2000psf, 2200psf? of cos is possible, but seems like not much meat for the next buyer

    diff investors they will hv diff meaning of overprice.. me poor man mah, so is overprice to me

  11. #71

    Default

    But people are buying 12th floor unit with no view at the Clift/one shenton at $1600psf. Units at the 99LH Centro at AMK has caveat lodged at 1300psf for a similar size unit. Shouldn't there be upside if one is willing to hold for a while?

    Quote Originally Posted by august
    no 2 projects r the same.. those 2 r high rise & are quite diff from something like EG..

    EG potential to me lies in enbloc, and nestling within a conservation area i nt sure will there b any issue




    iirc EG's peak is around 1800psf in the last cycle, now sellers are asking 1600 or 1700psf rite?? a buyer entering at this price how much does he hope to unload for? 2000psf, 2200psf? of cos is possible, but seems like not much meat for the next buyer

    diff investors they will hv diff meaning of overprice.. me poor man mah, so is overprice to me

  12. #72
    Join Date
    Dec 2008
    Posts
    3,678

    Default

    Quote Originally Posted by DC33_2008
    But people are buying 12th floor unit with no view at the Clift/one shenton at $1600psf. Units at the 99LH Centro at AMK has caveat lodged at 1300psf for a similar size unit. Shouldn't there be upside if one is willing to hold for a while?
    i think for comparative valuation purpose, the attributes of clift/1 shenton r diff from EG.. EG would be better compared with something like e.g. craig place

    maybe as a guide, if currently the bank valuations can meet seller's asking price then i guess is not over priced~

  13. #73

    Default

    Is craig place a good comparative guide given it is only a 99LH and the nearest MRT is 280m away?

    Quote Originally Posted by august
    i think for comparative valuation purpose, the attributes of clift/1 shenton r diff from EG.. EG would be better compared with something like e.g. craig place

    maybe as a guide, if currently the bank valuations can meet seller's asking price then i guess is not over priced~

  14. #74
    Join Date
    Dec 2008
    Posts
    3,678

    Default

    Quote Originally Posted by DC33_2008
    Is craig place a good comparative guide given it is only a 99LH and the nearest MRT is 280m away?
    dunno, ask the valuers?

  15. #75

    Default

    Quote Originally Posted by august
    dunno, ask the valuers?
    Valuation from two banks were between 1460 -1500 psf 2 months ago for a two-bedder at EG. Not sure if it is gone up now?

  16. #76

    Default

    Quote Originally Posted by jc
    Overpriced
    When Club/Cross Street MRT is operational and surrounding conservation properties are rejuvenated , $1.4k psf will look like a steal.

  17. #77

    Default

    Quote Originally Posted by durian
    When Club/Cross Street MRT is operational and surrounding conservation properties are rejuvenated , $1.4k psf will look like a steal.
    Recent 99LH development, Waterbank, at Dakota already reached 1200-1300psf and does not have enough carparks. This 999LH place in District 1 is near Chinasquare and Raffles place, and has enough parking lot and does not need to pay monthly parking. $1500psf is still reasonable.

  18. #78
    Join Date
    Nov 2008
    Posts
    253

    Default

    Quote Originally Posted by durian
    When Club/Cross Street MRT is operational and surrounding conservation properties are rejuvenated , $1.4k psf will look like a steal.
    Rejuvenated or not, the area is under conservation. Based on current mkt, it is overvalued at $1.4kpsf. If u talk abt future, then there are other better properties out there.

  19. #79
    Join Date
    Nov 2008
    Posts
    253

    Default

    Quote Originally Posted by DC33_2008
    Why is it overpriced? Pls advice.
    Overpriced based on current value of land vis a vis other parts of the island & future potential is a ? as surrounding are all conservation. This project cannot be comparable to One Shenton or Clift as they are in different location.

  20. #80

    Default

    Quote Originally Posted by jc
    Rejuvenated or not, the area is under conservation. Based on current mkt, it is overvalued at $1.4kpsf. If u talk abt future, then there are other better properties out there.
    Is it overvalued because it is a conserved site? Otherwise, why is it overvalued given the only 999LH site there. But I understand from the planner of URA that one can put in a proposal as the height limit there is more than 30 storeys as can be seen on the latest masterplan.

Page 4 of 10 FirstFirst 12345678 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •