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Thread: Last Pcs of land - Flora Road/Drive area!!!

  1. #1
    Junior

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    Default Last Pcs of land - Flora Road/Drive area!!!

    'H' got their land for S$321, and FCL got the LH99 land besides Ferraria for $325 psf/ppr. Some analyst says maybe the last pcs will be $350 to $380 psf/ppr, when tender is open in Aug. What will the market be from now till then?

    Will Tripartite or other developer go in to bid for this last land parcel now? There is no big project in this part, will FCL bid for it and combine the two pieces for a LH99 big project of abt 800 units - juz a thought whether it is possible?

  2. #2
    Exalted

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    Quote Originally Posted by latour
    'H' got their land for S$321, and FCL got the LH99 land besides Ferraria for $325 psf/ppr. Some analyst says maybe the last pcs will be $350 to $380 psf/ppr, when tender is open in Aug. What will the market be from now till then?

    Will Tripartite or other developer go in to bid for this last land parcel now? There is no big project in this part, will FCL bid for it and combine the two pieces for a LH99 big project of abt 800 units - juz a thought whether it is possible?
    Y combine....easier to sell wif 3xx units....

  3. #3
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    Quote Originally Posted by latour
    'H' got their land for S$321, and FCL got the LH99 land besides Ferraria for $325 psf/ppr. Some analyst says maybe the last pcs will be $350 to $380 psf/ppr, when tender is open in Aug. What will the market be from now till then?

    Will Tripartite or other developer go in to bid for this last land parcel now? There is no big project in this part, will FCL bid for it and combine the two pieces for a LH99 big project of abt 800 units - juz a thought whether it is possible?
    Now market should be more cautious, developers are not that inclined to bid for lousy location sites.. Somemore this piece will be 99L surrounded by FH, same as hedges and the 325psf plot.. If can maintain 325 not bad liao.. Maybe at most 350 lah..

  4. #4
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    Quote Originally Posted by linchong84
    Now market should be more cautious, developers are not that inclined to bid for lousy location sites.. Somemore this piece will be 99L surrounded by FH, same as hedges and the 325psf plot.. If can maintain 325 not bad liao.. Maybe at most 350 lah..
    Tender closed at $361psf, a new high for land in Flora. And in this very uncertain market, this is very high price. furthermore, the land is so near tpe.

  5. #5
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    Quote Originally Posted by moomooteo
    Tender closed at $361psf, a new high for land in Flora. And in this very uncertain market, this is very high price. furthermore, the land is so near tpe.
    same px compared to the one at jalan loyang besar which got beach and seaview whereas this one got tpe

  6. #6
    Junior

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    New high $361psf last pcs of land LH99, and I think they will plan to launch it soonest to catch the still going-up price market. The rest of the FH in A to G - if got holding power, sit back for a while and wait for Huat Ah!!!

  7. #7
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    Quote Originally Posted by latour
    New high $361psf last pcs of land LH99, and I think they will plan to launch it soonest to catch the still going-up price market. The rest of the FH in A to G - if got holding power, sit back for a while and wait for Huat Ah!!!
    99 year leasehold sandwiched between the beautiful freeholds of Gale and Ferraria.... May just not be so favorable after all....

  8. #8
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    Quote Originally Posted by Jcmillineum
    99 year leasehold sandwiched between the beautiful freeholds of Gale and Ferraria.... May just not be so favorable after all....
    Maybe they have to build more 1 BR unit. Looking at Hedges and other older freehold in this area, 1 BR is commanding S$1kpsf!

  9. #9
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    Quote Originally Posted by devilplate
    same px compared to the one at jalan loyang besar which got beach and seaview whereas this one got tpe
    TPE view as valuable as beach and sea view? Hahaha...But this is more accessible to expressway....

  10. #10
    Junior

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    Quote Originally Posted by Yin Yin
    TPE view as valuable as beach and sea view? Hahaha...But this is more accessible to expressway....
    they will build big balcony for units facting tpe... haha.

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