Leonie Parc View
after 10 years
Sold 7 APR 2017 22 LEONIE HILL ROAD #XX-XX 2,013sq ft 2,100psf Bought 23 MAY 2007 3,040psf
Leonie Parc View
after 10 years
Sold 7 APR 2017 22 LEONIE HILL ROAD #XX-XX 2,013sq ft 2,100psf Bought 23 MAY 2007 3,040psf
Scotts Square
Sold 7 APR 2017 8 SCOTTS ROAD #XX-XX 947sq ft 2,914psf
Bought 24 AUG 2007 3,849psf
Tate Resi
so many after 10 years...
Sold 1 FEB 2017 21 CLAYMORE ROAD #XX-XX 2,185sq ft 2,145psf
Bought 24 OCT 2007 2,929psf
人生有几个⑩年!
more of the same at:
St Regis
Sold 11 APR 2017 31 TANGLIN ROAD #XX-XX 2,121sq ft 2,000psf
Bought 15 MAR 2007 2,570psf
Sold 7 APR 2017 33 TANGLIN ROAD #XX-XX 1,507sq ft 2,157psf
Bought 19 JUL 2006 2,654psf
Talk too early hah? Wait and people will see the truth........
People who bought at $1.5M, collect rental $350k in pocket HAPPY HAPPY for a few years, then have to CRY to sell at $1.0M, still lose $150k not including the stamp duty (3%), ABSD (7% or more), mortgage interests and property taxes, maintenance fund, maintenance and repair/service charges required to fix/furnish the property for next tenant etc, easily costs another $350k,
so total lost $500k in nett total................
Ops!
Lesson learnt: Never buy at peak price (just like for OCR prices NOW!)
The Marq on Paterson Hill
Sold 12 APR 2017 8 PATERSON HILL #XX-XX 6,232sq ft 3,498psf
Bought 9 JUL 2007 4,294psf
another one where 10 years have flashed past and a gross depreciation of $4.6m+.
Any news on the Cube 8 unit?
This is not CCR, but they seem to be making loss too. RCR also crashed?
SPOTTISWOODE RESIDENCES SPOTTISWOODE PARK ROAD Condominium 02 RCR Freehold Resale 1 1,080,000 - 603 Strata 06 to 10 1,792 Mar-17
SPOTTISWOODE RESIDENCES SPOTTISWOODE PARK ROAD Condominium 02 RCR Freehold Resale 1 1,580,000 - 915 Strata 06 to 10 1,727 Mar-17
Thanks
Stalingrad, it is back to 2010 price, u can go in now for Spottiswoode
Paterson Suites
Sold 19 APR 2017 57 PATERSON ROAD #XX-XX 1,679sq ft 2,233psf
Bought 24 JAN 2013 2,769psf
Mortgagee sale asked for $3.8m, Auction counter offer at $3.6m. Property withdrawn. Sold by private treaty at $3.75m. Highest psf achieved for a unit of similar size in 2007 was $3,850psf.
Warning: This post could spark a Teddy rant on CCR properties having crashed and OCR has not.
Can't blame him. He has suffered enough. The biggest setback is in his prestige. I argued back in 2007 that CCR was on the way to oblivion as Singapore was becoming homogeneous. He together with his buddy HP65 called me all kinds of names. I was right and he was wrong.
Back in 2007-2012, such a post as I penned would have provoked a riot and a veritable deluge of indignant replies from Teddy and his buddies full of vitriol and verbal abuse. Now, it is as if I had been talking to a wall. The thread is as quiet as a summer day in the Rockies. Time has changed, and people have lost interest in properties. It is actually a good time to buy as the market has hit bottom.
The Boutiq
Sold 18 APR 2017 145 KILLINEY ROAD #XX-XX 506sq ft 2,075psf
Bought 18 MAY 2011 2,321psf
The Metz
Sold 18 APR 2017 83 DEVONSHIRE ROAD #XX-XX 1,066sq ft 2,205psf
Bought 4 NOV 2010 2,468psf
The Laurels
Sold 19 APR 2017 38 CAIRNHILL ROAD #XX-XX 1,001sq ft 2,577psf
Bought 25 MAY 2010 2,990psf
Espada
Sold 21 APR 2017 48 ST. THOMAS WALK #XX-XX 646sq ft 2,168psf
Bought 12 AUG 2010 2,466psf
Belle Vue
Sold 21 APR 2017 25 OXLEY WALK #XX-XX 2,002sq ft 1,728psf
Bought 30 JUL 2009 1,847psf
Scotts Square
Sold 24 APR 2017 8 SCOTTS ROAD #XX-XX 1,249sq ft 3,043psf
Bought 18 OCT 2007 4,026psf
The Paterson
Sold 24 APR 2017 63 PATERSON ROAD #XX-XX 1,206sq ft 1,908psf
Bought 27 JUL 2007 1,916psf
losses galore...