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Thread: Spottiswoode Residences, 351 units, UOL

  1. #91
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    clift/1shenton inching up soon

  2. #92
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    Quote Originally Posted by spikey69
    Made this same offer to my agent who is leading the team...he smiled at me. haha
    UOL already LOL to the bank at $1500psf ~

  3. #93
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    Quote Originally Posted by devilplate
    clift/1shenton inching up soon
    Just does not make sense to pay for sky prices, given the expected yield.

    Each project is benchmarking and leveraging of each other - like playing jenga.....

  4. #94
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    Quote Originally Posted by BillyCutie
    Just does not make sense to pay for sky prices, given the expected yield.

    Each project is benchmarking and leveraging of each other - like playing jenga.....
    and what happens at the the end of jenga?

    like playing pass the parcel or pass the bomb..

  5. #95
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    why after so much discussion, no sales update on the day of preview itself?! so quiet on this thread.

    in yesterday's Q3 results announcement press release,
    UOL Group Chief Executive Gwee Lian Kheng said:
    “We are gearing up to launch our third residential project this year,
    Spottiswoode Residences. The freehold 351-unit development at Spottiswoode Park
    Road will start its private preview tomorrow, 11
    th November. ”



  6. #96
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    that's today!

    Anyone has any idea how the sales went?

  7. #97
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    i understand from my agent that the units were sold at average of $1800+ psf...he's still on site.

  8. #98
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    ok, but did he say how many units sold today? very curious hee

    Quote Originally Posted by spikey69
    i understand from my agent that the units were sold at average of $1800+ psf...he's still on site.

  9. #99
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    The agents are probably too busy and hence ignoring us, or there are really no sales....

  10. #100
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    nevermind, hope spikey's agent will update him, then he can update us. i m really anti UOL becoz this design is really terribly profit maximization design. 1800psf without balcony, planter, bay windows efficient enclosed built up design will be a good buy. maybe a small balcony will do. hee

    Quote Originally Posted by sh
    The agents are probably too busy and hence ignoring us, or there are really no sales....

  11. #101
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    Quote Originally Posted by bargain hunter
    nevermind, hope spikey's agent will update him, then he can update us. i m really anti UOL becoz this design is really terribly profit maximization design. 1800psf without balcony, planter, bay windows efficient enclosed built up design will be a good buy. maybe a small balcony will do. hee
    i was quite enthu until i saw the flrplans

  12. #102
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    u din go down and kpo today? hee

    btw, genting results suck. how come revenue in Q3 less than Q2, biz snatched by MBS? and profits Q3 is half of Q2 only. tomorrow can short liao? LOL.

    Quote Originally Posted by devilplate
    i was quite enthu until i saw the flrplans

  13. #103
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    Quote Originally Posted by bargain hunter
    u din go down and kpo today? hee

    btw, genting results suck. how come revenue in Q3 less than Q2, biz snatched by MBS? and profits Q3 is half of Q2 only. tomorrow can short liao? LOL.
    not keen...most likely go down kpo on sun to see the sales figure...lol

    ooo...din keep track genting...hmm...

    wilmar big surprise as well...silver can hit 30 soon?

  14. #104
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    Default http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1092872/1/.html

    UOL to release 100 units of Spottiswoode project for preview
    By Travis Teo | Posted: 11 November 2010 1745 hrs

    SINGAPORE: Property developer UOL Group said it will release 100 units of its Spottiswoode Residences project for preview on Friday.

    UOL expects the units to fetch about S$1.05 million for a one-bedroom apartment to S$2.67 million for a three-bedroom unit.

    The developer added that sizes for typical one-bedroom to three-bedroom apartments vary from about 600 square feet to 1,400 square feet.

    This works out to a price of about S$1,700 to S$2,100 per square foot.

    Meanwhile, UOL also said that it might retain some units for later sale due to a potential upside.

    The upside may stem from plans to turn Tanjong Pagar into a waterfront neighbourhood when the lease for the nearby port expires.

    The 351-unit condominium at Spottiswoode Park Road, comprising a single-storey block, is expected to be ready by May 2014.

    -CNA/ac
    BE CENTRED BY ALL AT THE FRINGE OF THE CITY @

  15. #105
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    i expect the 1 bedders to sell well ~~







    selling tactics will be similar to FEO.. progressive release of units floor by floor with price hike

  16. #106
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    for a 3 bedder, if the balcony takes up about 300sqft, built in will be left with about 1100 which is starting to get a little tight. if it's 200sqft, then it's actually pretty decent by today's mickey mouse standards where 3 rooms are anything between 750sqft to 1060sqft.

  17. #107
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    yah, wilmar same surprise as genting.

    back to this project, sun open to public liao?

    Quote Originally Posted by devilplate
    not keen...most likely go down kpo on sun to see the sales figure...lol

    ooo...din keep track genting...hmm...

    wilmar big surprise as well...silver can hit 30 soon?

  18. #108
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    Did not go down to Amara last saturday. But I think the one bedder adn two bedder will be sold out.

  19. #109
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    went to look see this afternoon
    response seems quite good

  20. #110
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    Few stacks that launched all sold. Although not as hot as before, but consider pretty good for the kind of asking price. Heard Keppel launch also selling well.

    Let's pray hard that government will not come up another new measures.

  21. #111
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    Quote Originally Posted by Condo Collector
    Few stacks that launched all sold. Although not as hot as before, but consider pretty good for the kind of asking price. Heard Keppel launch also selling well.

    Let's pray hard that government will not come up another new measures.
    what kind of asking price?

  22. #112
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    only saw the mid flr (#14 or 17) prices.. around $18xx to $19xx psf

    too ex for me so left after awhile... but showroom was damn packed with all the tables taken up with ppl busy crunching calculators...

  23. #113
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    Are these prices for two bedders?
    Quote Originally Posted by august
    only saw the mid flr (#14 or 17) prices.. around $18xx to $19xx psf

    too ex for me so left after awhile... but showroom was damn packed with all the tables taken up with ppl busy crunching calculators...

  24. #114
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    Quote Originally Posted by sh
    what kind of asking price?
    1700psf+ for west sun facing.
    1800psf+ for sea facing!

  25. #115
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    Quote Originally Posted by DC33_2008
    Are these prices for two bedders?
    yes about there also ~

  26. #116
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    Is the sea very far from here? The e-brochure seems quite far. Sea view will be better in future.
    Quote Originally Posted by august
    yes about there also ~

  27. #117
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    Quote Originally Posted by Condo Collector
    1700psf+ for west sun facing.
    1800psf+ for sea facing!
    the so-called "sea facing" is also "east sun facing" & "AYE facing" too, and provided that the "park" in front stays as it is ~

    the west facing mid flr onwards may actually be better with unblocked view of the city

  28. #118
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    The park near the railway station may stay as the place may have a makeover to preserve the place as it has historical value.
    Quote Originally Posted by august
    the so-called "sea facing" is also "east sun facing" & "AYE facing" too, and provided that the "park" in front stays as it is ~

    the west facing mid flr onwards may actually be better with unblocked view of the city

  29. #119
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    btw if buy & take loan from UOB the loan package is 0%+SOR (something like that, i stand corrected) for 3 yrs...

  30. #120
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    Quote Originally Posted by august
    btw if buy & take loan from UOB the loan package is 0%+SOR (something like that, i stand corrected) for 3 yrs...
    some for waterbank,....

    but got prepayment clause...

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