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Thread: The Cape by FEO breaking psf in D15

  1. #121
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    Quote Originally Posted by Shawn
    I just sold a 2 bedroom 592 sq.ft at The Cape for $1.3 million above 10th floor to an Indonesian buyer. This comes to about approx $2200 psf. This unit has no seaview and is on a mid floor. Buyer buying cause there is no 'FREEHOLD' unit of the same size developed by Far East in the same area and its proximity to the upcoming shopping area.

    I have no doubt that this area will be the next orchard road pretty soon. Already the price is reflecting that possibility.
    come to think, Shawn wasnt wrong.
    The Buyer's requirements:
    1) Must be Far East condo
    2) Must be Freehold
    3) Must be same size.
    4) Must be same area
    5) Must be near to upcoming shopping area.

    So what other condo fit's the buyer's requirements? Except for the Cape?

  2. #122
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    Quote Originally Posted by hopeful
    come to think, Shawn wasnt wrong.
    The Buyer's requirements:
    1) Must be Far East condo
    2) Must be Freehold
    3) Must be same size.
    4) Must be same area
    5) Must be near to upcoming shopping area.

    So what other condo fit's the buyer's requirements? Except for the Cape?
    whahahaha got such buyer one ar?!?!

  3. #123
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    Quote Originally Posted by devilplate
    whahahaha got such buyer one ar?!?!
    Got la. Didnt Shawn just met one buyer who is very particular about his requirements?
    as long as met the above requirements,
    1) no seaview ok.
    2) midfloor ok.
    3) 2200psf also ok.

    Dont you just admire Shawn. He has the skill at finding such buyers and meeting their requirements

    The forummers must always remember this if they want to serve or be friends with the rich.
    the richer people are, the more particulars/fussy they are. If can meet their requirements, money is no object.

  4. #124
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    1 more sold in oct. 50 out of 76 to go.

  5. #125
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    Quote Originally Posted by hopeful
    what is the resale ppty nearby? I dont want to be the next stupid Indonesian conned by Shawn.
    definitely not as bad as paying the maintenance fee of $500+ for a 560sqft at the cape.

    $500+ can pay for 2400sqft 4 bedder maintenance fee at tangoing rhu,with loose change

    ouch..

  6. #126
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    Quote Originally Posted by hopeful
    come to think, Shawn wasnt wrong.
    The Buyer's requirements:
    1) Must be Far East condo
    2) Must be Freehold
    3) Must be same size.
    4) Must be same area
    5) Must be near to upcoming shopping area.

    So what other condo fit's the buyer's requirements? Except for the Cape?
    Yup eventually all the surrounding condos near Amber and Meyer will fetch $2000psf and above. This will happen once the government announce the eastern regional line (direct link with airport and city centre), and the interconnectivity with the Marina Coastal Expressway.

    These condo areas are freehold and nowadays we dont see much freehold condos near city centres. Most new launches are 99 years and yet some even selling above $1400-1500psf.

    The buyers will switch their preferences once they are more familiar with the market. Some of them are newcomers not aware of other developers exsistence. Far East is aggressive in advertising overseas.

  7. #127
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    3 more sold at 2044, 2060 and 1268psf in mar. 47 out of 76 to go.

  8. #128
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    Quote Originally Posted by bargain hunter
    3 more sold at 2044, 2060 and 1268psf in mar. 47 out of 76 to go.
    U made an error its not 1268psf all 3 units sold at a median average of 2060psf. They are mostly mid floors with no seaviews.

  9. #129
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    1 more sold at 2168psf in may. 46 out of 76 to go.

  10. #130
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    1 more sold at 2045psf in June. how come still 46 to go, also 1 returned?

  11. #131
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    war relic found at site earlier. amber rd was closed.

  12. #132
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    Quote Originally Posted by carbuncle
    war relic found at site earlier. amber rd was closed.
    where did u get the news from? whole amber road is closed? that's very interesting..... keep us posted if u have more news.

  13. #133
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    lots of happening ard amber area recently... fire... than now this. its a sign.

    http://www.channelnewsasia.com/stori...215483/1/.html

    aristo owners take heart.

  14. #134
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    Lol
    all FEO
    my estate was evacuated last nite till mid nite

  15. #135
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    2 more sold at 2026 and 2165psf in sep. 35 out of 76 sold. almost reaching 50% sold.

  16. #136
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    Quote Originally Posted by bargain hunter
    2 more sold at 2026 and 2165psf in sep. 35 out of 76 sold. almost reaching 50% sold.
    bj21 is rite, the next super prime in making!

  17. #137
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    Quote Originally Posted by leesg123
    bj21 is rite, the next super prime in making!
    Did he say no 2000 psf no sell ?

    DKSG

  18. #138
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    highest psf


    2012-11-06 THE CAPE 15 MARINE PARADE FREEHOLD APARTMENT 1,539 2,265psf 3,487,000
    Ride at your own risk !!!

  19. #139
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    Quote Originally Posted by phantom_opera
    highest psf


    2012-11-06 THE CAPE 15 MARINE PARADE FREEHOLD APARTMENT 1,539 2,265psf 3,487,000
    FEO is really powerful...

  20. #140
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    Are these psf the nett price? How about vouchers and whatever discount,
    Rebates

  21. #141
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    Quote Originally Posted by newbie11
    Are these psf the nett price? How about vouchers and whatever discount,
    Rebates
    caveat price is always net of discount but exclude furniture voucher which is given much later with a chq

  22. #142
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    Quote Originally Posted by phantom_opera
    highest psf


    2012-11-06 THE CAPE 15 MARINE PARADE FREEHOLD APARTMENT 1,539 2,265psf 3,487,000
    Office Boy must really buy BJ21 and Phantom a drink!

    Thank you for the fabulous tip!

    Now just sit tight and wait for cheongster style to come to D15!

    DKSG

  23. #143
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    Quote Originally Posted by phantom_opera
    highest psf


    2012-11-06 THE CAPE 15 MARINE PARADE FREEHOLD APARTMENT 1,539 2,265psf 3,487,000
    Wow!! A 1539sf unit at $3.487-mil.. can buy a PH 2896sf unit at The Arte asking for $3.65-mil only??!!
    http://www.propertyguru.com.sg/listi...e-arte-thomson

  24. #144
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    Quote Originally Posted by Laguna
    caveat price is always net of discount but exclude furniture voucher which is given much later with a chq
    On top of the furniture voucher, I can confirm a certain % of the discount is not reflected in the caveat price.

  25. #145
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    But the Arte is in thomson, not scotts or orchard, so cannot compare lah. Amber is the next super prime

  26. #146
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    Quote Originally Posted by leesg123
    But the Arte is in thomson, not scotts or orchard, so cannot compare lah. Amber is the next super prime

    Even mass mkt 99-yr LH Sky Habitat BIG unit already transacted at $1,809psf - $3.68-mil... so next super prime FH seems cheap lor.. even The Arte - FH/city fringe/PH 2986sf unit also lose to mass mkt


    SKY HABITAT BISHAN STREET 15 Condominium $3,679,880 2,034sf Strata 1,809psf

  27. #147
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    Quote Originally Posted by zeamybro
    On top of the furniture voucher, I can confirm a certain % of the discount is not reflected in the caveat price.
    Wa then how to know the true prices? This is
    A flawed process in ura objective to achieve transparency

  28. #148
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    The only way is to "cao char", when you cao char, you will go shwrm to understand the true prices, take down notes and do homework back home. Of cse the relentless pursuit of cao char day n night might sound tedious but if you are passionate enough, it is almost like going to condosg and tcss mode

  29. #149
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    Quote Originally Posted by Rysk
    Wow!! A 1539sf unit at $3.487-mil.. can buy a PH 2896sf unit at The Arte asking for $3.65-mil only??!!
    http://www.propertyguru.com.sg/listi...e-arte-thomson
    Seaview vs No Seaview may be the difference.

  30. #150
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    Quote Originally Posted by ekl2ekl2
    Seaview vs No Seaview may be the difference.
    Difference is too much between some city fringe with city view 1.4k psf vs east coast with seaview over 2k psf..
    When come to down turn.. the one with seaview could be the one hit the hardest.. go & jump sea is oso nearer..

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