Telecom bldg not in use anymore but occasionally can see telecoms loti van park there. Can go checkout what their trick this time, if not go for free since FE is soooo generous.Originally Posted by 2824
Telecom bldg not in use anymore but occasionally can see telecoms loti van park there. Can go checkout what their trick this time, if not go for free since FE is soooo generous.Originally Posted by 2824
I wonder if people know really what they are getting into. The Seletar Aerospace Park may be up and coming, but the jobs created there are and should be mainly be for locals. The majority will not be expatriates, if not, why bother having the foreign investment in Singapore at all, when the companies are trying to minimise operational costs? Most of the expatriates should be quite senior level, ie GM, Operational Manager, not the junior ones who will stay in MM in a suburb area. Also, these jobs created are not mainly for the highly paid licensed aircraft maintenence engineers!
Far East seems to be making their mark in their pricing. This is good news to investor who are looking at new projects but for long term, it is the average price that counts for condos selling in the same vicinity.
With the new ruling next year, can FE still hold on to those unsold units and dont sell them? Will the rulings have any impact on fuure pricing? Garment seems to know that they are the main curprit for keeping the perceive price high.
A project must have upside potential then it is safer to invest.
I was also thinking about the 'must sell' ruling when looking at FEO... will there be some fire sales of FEO projects coming up? Like Tanglin View etc which they have held for over 10 years some industrial tech park in Eunos etc.
Yep I remembered Tanglin View took very long. Adv was on papers for so many years and was too young to understand why. why huh?
'Was' too young to understand why... but now you not young anymore right? How come still don't understand... haha...Originally Posted by rattydrama
Actually FEO can hold their pricing. They will never lelong their units and they tend to price their projects PRIME and HIGH from the get go. Just look at The Sound at Telok Kurau area. In the past there is no limitation how long you can hold those units unsold - they actually just rent out as serviced apartments or what - but now they cannot.
I don't think they can hold their atas pricing with the new ruling - unless some sucker fanatic go and bite their overpriced nehneh cherry....
That means Far East started their atas pricing since 10 years ago. In those days, FEO not so famous of their atas pricing but their workmanship.
That is why was asking whats wrong with this Tanglin project.
My young means young in property investment. Anyway Im still young.
So beware of buying into FEO high price now...may not hold. But maybe FEO will transfer those balance unsold units to their sister company dealing with rental & investment & rent out. Not against the law right?
Originally Posted by mcmlxxvi
Serenity Park, Nim Gardens are better buy then GREENWICH.
Far East is a foreign coy???
if purely a local entity...they can still hold till next generation
URA just released a land parcel behind greenwich for sale... I bet FEO will bid for that.
http://www.ura.gov.sg/pr/text/2010/pr10-124.html
It's like playing Monopoly
Bet it will be hottly contested, but credit has to go to far east for making the $1300 psf an illusion a reality.
Originally Posted by azeoprop
Instead of paying so much for a small unit of 99LH, I think old project e.g
Nim Garden of Freehold land is definitely a much better buy !
Agreed. Even the new landed project like Luxus Hill (i believed it's 999LH) is going for under <$1100psf(if i'm not wrong.. i can't remember the numbers.. )Originally Posted by pupboy
.................................
wow the new site is behind greenwich...block the greenwich condo....
become sandwich condo.. block by shopping mall and condo..
Went to Greenwich over the weekend, no crowd.
Agent say now at P2, with only about 15 units left. P3 will be launched nearer the TOP.
Studios are going from $850k, but FEO really throw in quite a bit of furnishing, kitchen appliances, bedding in home shelter, build up for the SOHOs. But with 70% 1 - 2 bedder, i think the 3 bedders (regular and compact) would be good value for money and possibly face less comprtition for resale in future.
The real trump card would be the plot of land behind this, unless FEO gets it again
FEO definitely put in a high bid to support its GW babyOriginally Posted by 2824
Then if that is the case the winners will be those who bought in the first pharse (apart from FEO) ...
Originally Posted by devilplate
ooo....den everyone in this forum missed the boat hor?Originally Posted by 2824
Free ham and turkey this saturday again ! Lookslike Fareast worried got competition coming up soon at adjacent plot. Hope price will be adjusted to a reasonable figure. Otherwise adjacent plot also not too bad but with such high bid at 123 mil, guess it is not going to be below 1k psf either.. Better to just go there for free turkey!
Originally Posted by d_p
Thanksgiving was last mth .... hope its not left over turkey
no news of this project anymore???
Originally Posted by rios
http://www.fareast.com.sg/FEOCorp.Up...20Apr2011).pdf
Hopefully the other plot more reasonable priced....
heard now they offer shuttle bus services for GW owner
Saw advertisements for 1 bedder below purchase price. What is happening?
in sunday times ?
Price softening transition...Originally Posted by kingkong1984
ClassifiedsOriginally Posted by Lovelle
saw 1206sqft 1bedder with patio for 730k(NEG!!!).Originally Posted by kingkong1984
the size can reno to 2bedder easily.