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Thread: The Belvedere (D15, Freehold, Keppel Land)

  1. #91
    BH LOVER Guest

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    u can buy Beacon Heights on the 26th flr wth city view and near town for $900+psf.
    Quote Originally Posted by CX
    Is High floor above 20storey for stack 5 @ $1200.00psf a good buy?

  2. #92
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    Quote Originally Posted by jaded
    actually interested in this project . agents please give mi a call at 98260546 . Thanks . .
    Dear jaded, hope you find your perfect Belvedere home.

    In Suze Orman's words, "......... the decision to buy a home hits like love at first sight: After endless rounds of dating, you finally find that special one.".....so I wish you will find your love.

  3. #93
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    Latest caveat reflected for The Belvedere.

    #16-0X__1302sqft__$1267psf__$1,650,000__Contract dd 31 July 2008

  4. #94
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    Quote Originally Posted by Real Estate Pundit
    Latest caveat reflected for The Belvedere.

    #16-0X__1302sqft__$1267psf__$1,650,000__Contract dd 31 July 2008
    thank you . xie xie .

  5. #95
    CX Guest

    Smile

    Quote Originally Posted by Real Estate Pundit
    If you look at the recent caveats (see pg 4 of this thread) for The Belvedere, $1200 will set a new low psf for high floor units for this year.
    Thanks for the update..

  6. #96
    PL Guest

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    Quote Originally Posted by Real Estate Pundit
    Yes, this is high compared to 2005/2006 where owners paid the developer between $750 - $850 psf for this development.

    I doubt we will see $800psf again for this development....but I could be wrong. This will hinge on Singapore's ability to attract new expat that will be able to take up the slack in the rental market.
    $800 is virtually impossible,though not totally.the market will dip ,but the properties in meyer road will stay quite strong i believe.To fall below $1100 for Very high floors is a bit hard

  7. #97
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    Quote Originally Posted by PL
    $800 is virtually impossible,though not totally.the market will dip ,but the properties in meyer road will stay quite strong i believe.To fall below $1100 for Very high floors is a bit hard
    I have learn from experience not to use the word 'impossible'. I bought a unit at Costa Rhu on the #16 for $500+psf during the Asian crisis in Dec 2008 and sold 2 years later for $610psf. I also thought that it will not be possible to go back to $500+psf!

    But I was wrong, most Tg Rhu properties did hit even lower in 2005 and 2006. In fact alot of Costa Rhu transactions in 2005 and early part of 2006 were below $500 psf!

    Granted that Tg Rhu are mostly 99yr LH compared to Meyer Rd FH, I have learn not to say impossible. No one knows how long this buyer-seller impasse will last and the lack of economic good news is not helping....

  8. #98
    deadsure Guest

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    in 2006 ? 500 psf ?? sure or not ?

  9. #99
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    Quote Originally Posted by deadsure
    in 2006 ? 500 psf ?? sure or not ?
    Below are some sampling of caveats for Costa Rhu ....... RC is Rhu Cross.

    Add.__Unit_____sqft___$psf__Transact____Date
    5 RC__#03-08__1012__499__$505,000___10 Jul 2006
    9 RC__#02-04__1399__443__$620,000___27 Jun 2006
    3 RC__#04-16__1970__477__$940,000___09 Jun 2006
    9 RC__#02-01__1841__473__$870,000___01 Jun 2006
    1 RC__#15-14__2056__482__$990,000___09 May 2006
    1 RC__#13-01__1346__539__$725,000___04 May 2006
    1 RC__#02-01__1346__479__$645,000___02 May 2006
    3 RC__#08-03__1970__500__$985,000___05 Apr 2006
    5 RC__#09-12__1776__456__$810,000___02 Mar 2006
    9 RC__#10-06__2056__512__$1,052,880__16 Feb 2006
    9 RC__#12-10__2164__462__$1,000,000__25 Jan 2006
    3 RC__#12-07__1647__492__$810,000___19 Jan 2006
    5 RC__#13-12__1776__472__$838,000___28 Dec 2005
    1 RC__#16-03__1399__486__$680,000___15 Dec 2005
    5 RC__#11-19__1776__472__$838,000___02 Nov 2005
    1 RC__#07-02__1346__401__$540,000___15 Sep 2005
    9 RC__#09-06__2056__467__$960,000___29 Aug 2005
    3 RC__#13-07__1647__486__$800,000___24 Aug 2005

    Just too many to list......are you convinced yet?

  10. #100
    CX Guest

    Thumbs up

    Hmm..you're really a real estate pundit..

  11. #101
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    Anyone else need some more caveat details?

  12. #102
    PL Guest

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    Quote Originally Posted by Real Estate Pundit
    Anyone else need some more caveat details?
    When property was low,how was makena prices ?

  13. #103
    Cosa Guest

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    Quote Originally Posted by Real Estate Pundit
    I have learn from experience not to use the word 'impossible'. I bought a unit at Costa Rhu on the #16 for $500+psf during the Asian crisis in Dec 2008 and sold 2 years later for $610psf. I also thought that it will not be possible to go back to $500+psf!

    But I was wrong, most Tg Rhu properties did hit even lower in 2005 and 2006. In fact alot of Costa Rhu transactions in 2005 and early part of 2006 were below $500 psf!

    Granted that Tg Rhu are mostly 99yr LH compared to Meyer Rd FH, I have learn not to say impossible. No one knows how long this buyer-seller impasse will last and the lack of economic good news is not helping....
    Thats why i stated" Virtually impossible"..

  14. #104
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    Quote Originally Posted by PL
    When property was low,how was makena prices ?
    Caveats for Makena during the “low period”; and 12 June 2006 wasn’t too long ago.

    Unit, #__sqft___$psf____Price,$______Contract date

    10-05__1636__660___$1,080,000___12 Jun 2006
    14-09__1518__679___$1,030,000___24 May 2006
    07-01__1152__641___$738,800____19 May 2006
    26-05__1647__777___$1,280,000___21 Apr 2006
    05-07__1615__610___$985,000____26 Jan 2006
    11-06__1152__648___$747,000____25 Jan 2006
    22-02__1636__733___$1,200,000__30 Nov 2005
    15-02__1636__642___$1,050,000__25 Nov 2005
    06-06__1615__594___$960,000____29 Apr 2005

  15. #105
    Posh Guest

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    Need experts advice.When IR comes up,will The Belverdere's prices shoot up most likely???Is the Belvedere (unit with sea view and facing spore flyer) a good investment?Abe to sell at good price when IR comes up?

  16. #106
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    Quote Originally Posted by Posh
    Need experts advice.When IR comes up,will The Belverdere's prices shoot up most likely???Is the Belvedere (unit with sea view and facing spore flyer) a good investment?Abe to sell at good price when IR comes up?
    Everyone would like to think that the casinos will bring properity to Singapore. But will the casinos actually be a positive effect? Who can say? It may go the way of the Singapore flyer....after the initial hurrah, it fizzled like a flat coke.

    The problem I foresee with the IR/casinos is that Singapore is too 'clean' for an inherently 'colourful' business like gambling. Gambling in my view is always laced with 'SXX'....very much like the casinos in Macao.

  17. #107
    CX Guest

    Unhappy

    Quote Originally Posted by Real Estate Pundit
    Everyone would like to think that the casinos will bring properity to Singapore. But will the casinos actually be a positive effect? Who can say? It may go the way of the Singapore flyer....after the initial hurrah, it fizzled like a flat coke.

    The problem I foresee with the IR/casinos is that Singapore is too 'clean' for an inherently 'colourful' business like gambling. Gambling in my view is always laced with 'SXX'....very much like the casinos in Macao.
    Sir,

    from what i know,macao property prices increase by 5-6 times more when their casino is up..Do you see spore economics & property will follow suit as well when the IR is up?let's not think about 5-6 times more,perhaps 1-2 times more since the property market is so slow now as compare to last year,the peak & hottest period for property june 07-oct 07 where alot of people couldn't afford to buy their dream home just like me..So sad..

  18. #108
    CX Guest

    Thumbs up

    Where's Real Estate Pundit?

    Finally I have found My Dream House in Meyer Road..

    Thank You!

  19. #109
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    Quote Originally Posted by CX
    Where's Real Estate Pundit?

    Finally I have found My Dream House in Meyer Road..

    Thank You!
    Hello CX,

    Have been busy with real work so no time to visit this site.

    I am glad that you found you dream home. Share with us what you found? And at what price.

    And to answer your previous post, it is important to note that a lot of new wealth were created between 2002 till the end of 2006. These new wealth were realised by those who actually traded in real estate and financial market during these period.

    These new wealth was moved around globally seeking markets that was still underpriced compared to major 1st world econoomy cities. (Eg, UK went on a 13-year property appreciation without any hiccup! A lot of people had gotten very rich during that period.) So these new wealth started to move around globally and caused an upward movement in property prices in almost every major cities. We are now witnessing the end of this and major correction is happening as these funds try to pull out.

    The next scenario is......how low can prices go now that the world is facing major destruction of wealth?

    I can see less expat coming to Singapore.....let's not talk about those that have to leave. So rental will slowly buy surely move downwards.

    Also, when I drive pass PSA at Pasir Panjang, I see that there are less containers stacked a mile high like last year. Even the cranes are less manic this period. Economy in slowdown.

    Do most people actually feel rich? Not many will dare to spend unnecessarily.

  20. #110
    Unregistered99 Guest

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    how much is a high floor sea facing unit now?

  21. #111
    CX Guest

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    Quote Originally Posted by Real Estate Pundit
    Hello CX,

    Have been busy with real work so no time to visit this site.

    I am glad that you found you dream home. Share with us what you found? And at what price.
    My email [email protected]

    Thanks

  22. #112
    CX Guest

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    Quote Originally Posted by Unregistered99
    how much is a high floor sea facing unit now?

    Alot of seller calling around 1350-1450psf for high floor sea facing now for The belvedere..

  23. #113
    registered Guest

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    Quote Originally Posted by Real Estate Pundit
    Hello CX,

    Have been busy with real work so no time to visit this site.
    nice to hear from you again! welcome back, Real Estate Pundit!

  24. #114
    Casino Guest

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    Agreed. I hope the garmen will allow SXX to thrive together with casinos - the last thing is want is for garment to stop SXX actitivies and kill off the casino's potential and destroy Singapore's economy. As long as the activities are contained within the casino vicinity and the existing red light areas like Geylang, Balestier, Joo Chiat, Katong. It should be okay.

    Quote Originally Posted by Real Estate Pundit
    Everyone would like to think that the casinos will bring properity to Singapore. But will the casinos actually be a positive effect? Who can say? It may go the way of the Singapore flyer....after the initial hurrah, it fizzled like a flat coke.

    The problem I foresee with the IR/casinos is that Singapore is too 'clean' for an inherently 'colourful' business like gambling. Gambling in my view is always laced with 'SXX'....very much like the casinos in Macao.

  25. #115
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    Quote Originally Posted by CX
    Alot of seller calling around 1350-1450psf for high floor sea facing now for The belvedere..
    Latest transaction for Belvedere,

    31 Jul 08__1X-04__1302sqft__$1267psf__$1,650,000
    01 Jul 08__1X-07__1238sqft__$1238psf__$1,559,880
    09 Jun 08__0X-01__1378sqft__$1200psf__$1,653,600
    05 Jun 08__2X-02__1367sqft__$1430psf__$1,954,810

    In sales, the golden adge of "ask high, sell high! ask low, sell low!" will prevail. So all sellers must shout very high price and then give discount. I think realistic sellers will settle for 10% off the asking price.

  26. #116
    esta_700psf Guest

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    Quote Originally Posted by Real Estate Pundit
    Latest transaction for Belvedere,

    31 Jul 08__1X-04__1302sqft__$1267psf__$1,650,000
    01 Jul 08__1X-07__1238sqft__$1238psf__$1,559,880
    09 Jun 08__0X-01__1378sqft__$1200psf__$1,653,600
    05 Jun 08__2X-02__1367sqft__$1430psf__$1,954,810

    In sales, the golden adge of "ask high, sell high! ask low, sell low!" will prevail. So all sellers must shout very high price and then give discount. I think realistic sellers will settle for 10% off the asking price.
    Hi Real Estate Pundit, do you have the new transaction for the Esta? thanks!

  27. #117
    CX Guest

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    Quote Originally Posted by Real Estate Pundit
    Latest transaction for Belvedere,

    31 Jul 08__1X-04__1302sqft__$1267psf__$1,650,000
    01 Jul 08__1X-07__1238sqft__$1238psf__$1,559,880
    09 Jun 08__0X-01__1378sqft__$1200psf__$1,653,600
    05 Jun 08__2X-02__1367sqft__$1430psf__$1,954,810

    In sales, the golden adge of "ask high, sell high! ask low, sell low!" will prevail. So all sellers must shout very high price and then give discount. I think realistic sellers will settle for 10% off the asking price.
    IMHO,Those owners that have holding power,will hold till the IR n see how the market goes rather than selling it cheap now..unless those owners is really in need of money n have no holding power will sell @ any reasonable offer by the buyers..

    Let's not forget,the belvedere launching price is around est $700-$850psf..even if they sell any price higher than that,they will still earn..overall it depends on whether how much they wanna earn..lol

    Hokkien says,earn more earn less,Earn Confirm..hahaha.. too bad i miss the launch,if not i'll be laughing all the way to the bank..kekeke

    Let's wait n see how the IR fare during 2010..

  28. #118
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    Quote Originally Posted by esta_700psf
    Hi Real Estate Pundit, do you have the new transaction for the Esta? thanks!

    #04-1x 1399sqft sold @ 815psf
    #19-0x 1346 sqft sold @ 938psf
    #11-15 1173 sqft sold @9xxpsf

  29. #119
    joe Guest

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    Hello Joe6816!

    My name is also Joe.

    Do you have the latest transactions for One Amber?

    Thanks!

  30. #120
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    Latest transaction for Belvedere,

    18 Aug 08_13-0X__1012sqft__$1325psf__$1,340,900
    31 Jul 08__1X-04__1302sqft__$1267psf__$1,650,000

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