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Thread: Lilydale

  1. #11
    Join Date
    Apr 2008
    Posts
    2,549

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    Almost-7-year-old Lilydale EC has hit a nw hgh of $542 psf in November 2009.


    Lilydale
    Address ............................... psf ............. Area ........... Price .......... Contract Date
    550 Yishun Avenue 6 #10-04 ..... $542 psf ..... 1,195 sqft .... $648,000 ..... 16 Nov 09


  2. #12
    Join Date
    May 2009
    Posts
    1,449

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    Quote Originally Posted by Reporter
    Almost-7-year-old Lilydale EC has hit a nw hgh of $542 psf in November 2009.


    Lilydale
    Address ............................... psf ............. Area ........... Price .......... Contract Date
    550 Yishun Avenue 6 #10-04 ..... $542 psf ..... 1,195 sqft .... $648,000 ..... 16 Nov 09
    Drove pass the Condo...the entrence look grand...
    alot of ppl is betting on the new air hub


  3. #13

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    Not really...

    If they are betting on it, they would go for the new developments.

    This development is mainly for self stay folks, the tenants there now will also likely move when new condos are up in Yishun. It's like that.

    Not a bad place for stay as it is within reach of HDB upgraders.


  4. #14
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    Apr 2008
    Posts
    2,549

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    Yishun EC site gets 10 bids, what will be the launch price?
    H88
    Friday, 12 March 2010, 12:37



    The Executive Condominium (EC) site at far off Yishun Avenue 11 is pretty hot, and has attracted 10 bids. The site is likely to be won by MCC Land Singapore with a $127.8M bid.



    According to CBRE, the break even price for the condo built would be roughly $520 psf. Which means that the developer has plenty of space to maneuver between The Estuary's recent pricing of ~$735 psf - $870 psf and still make a healthy profit.

    Of course the EC developer could get greedy and keep in trend with the recent launch of The Estuary ... but that would mean ~$750psf ECs. Would you bite then?

    Just to clear your heads, the Lilydale EC that sits just beside the EC site, recently transacted between $516 psf - 536psf.


  5. #15
    Join Date
    Apr 2008
    Posts
    2,549

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    Almost-7-year-old Lilydale EC in District 27 Yishun has a nw hgh of $556 psf!


    Lilydale
    Address .............................. psf ............. Area .......... Price ......... Contract Date
    560 Yishun Avenue 6 #01-23 .... $556 psf .... 1,313 sqft .... $730,000 .... 16 Apr 10


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