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Thread: August 2011 Developer's Sales

  1. #1
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    Default August 2011 Developer's Sales

    August's developer sales figures just out from URA.

    Total Private Condo units sold: 1348
    Total EC units sold: 290
    Grand total: 1638 units (including EC), down from 1966 units from July.

    Quick Analysis:

    Total Number of Units in Project : 66590
    Cumulative Units Launched to-date : 54483
    Cumulative Units Sold to-date : 48735
    Total Number of Unlaunch Units in Projects : 12107
    Cumulative Units Launched but Unsold : 5748
    Units Sold in the Month of Aug : 1638

    Grand Total Unsold Units (both Launched & Unlaunch) : 17855 units

    17855 + another 17 GLS for 2011H2 (est: 8000 units) + 2011 H1 GLS (est 6000 units) = roughly around 31855 units from now till next year..

    31855 can last for around 2.5 years of demands assuming no more GLS in the year of 2012 & 2013...
    Daft, Dafter, Dafterest!!!!

  2. #2
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    I believe sub sales also went up. Year end bonus coming. U know what will happen next...

  3. #3
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    FEO is holding on quite a number of unsold units, clift, silversea, etc, centro, etc. Really got muscle.
    Quote Originally Posted by hyenergix
    I believe sub sales also went up. Year end bonus coming. U know what will happen next...

  4. #4
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    Which project was best selling in August?

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    Quote Originally Posted by hyenergix
    I believe sub sales also went up. Year end bonus coming. U know what will happen next...
    I think this year bonus gone case liao as many firms will probably have a poor H2 2011. Thus I think this factor is out for property hunting.

    Also, taking average yearly sales aroud 14000 (on good year so more), I think supply > Demand way ahead.

    It would be interesting to see what going on next wor.
    Daft, Dafter, Dafterest!!!!

  6. #6
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    i compiled the list here:

    http://forums.condosingapore.com/sho...postcount=4481

    Euhabitat 439
    Boathouse 202
    Blossom Resi (EC) 176
    Luxurie 151
    Riverparc Resi (EC) 72
    Park Resi 39
    Seastrand 33
    Austville (EC) 26
    Miltonia Resi 24
    Terrasse 23
    Centra Loft 22
    Vibes @ East Coast 21
    Urbanite 18
    Jool Suites 16
    Skyline Resi 16
    Minton 15
    D'Leedon 14
    Thomson Grand 14
    Woodhaven 14
    Uber 388 13
    Parc Bleu 11
    Vacanza 11
    Waterfront Isle 11
    Waterview 11




    Quote Originally Posted by GSLJ
    Which project was best selling in August?

  7. #7
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    but sep sales will be very strong compared to aug.

    Quote Originally Posted by westman
    I think this year bonus gone case liao as many firms will probably have a poor H2 2011. Thus I think this factor is out for property hunting.

    Also, taking average yearly sales aroud 14000 (on good year so more), I think supply > Demand way ahead.

    It would be interesting to see what going on next wor.

  8. #8
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    waiting for foreign talents to buy....election is over.. what else?

    Quote Originally Posted by westman
    August's developer sales figures just out from URA.

    Total Private Condo units sold: 1348
    Total EC units sold: 290
    Grand total: 1638 units (including EC), down from 1966 units from July.

    Quick Analysis:

    Total Number of Units in Project : 66590
    Cumulative Units Launched to-date : 54483
    Cumulative Units Sold to-date : 48735
    Total Number of Unlaunch Units in Projects : 12107
    Cumulative Units Launched but Unsold : 5748
    Units Sold in the Month of Aug : 1638

    Grand Total Unsold Units (both Launched & Unlaunch) : 17855 units

    17855 + another 17 GLS for 2011H2 (est: 8000 units) + 2011 H1 GLS (est 6000 units) = roughly around 31855 units from now till next year..

    31855 can last for around 2.5 years of demands assuming no more GLS in the year of 2012 & 2013...

  9. #9
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    Quote Originally Posted by GSLJ
    Which project was best selling in August?
    Hot Selling Projects in August
    EUHABITAT, 429
    BOATHOUSE RESIDENCES, 202
    BLOSSOM RESIDENCES, 176
    THE LUXURIE, 151

    Projects that have the most unsold units
    Name,Total Units, Bal Unsold (Include both Launch & Unlaunch)
    D'LEEDON 1715, 1280
    THE LUXURIE 622, 471
    THE MINTON 1145, 447
    TWIN PEAKS 462, 413
    THE INTERLACE 1040, 351
    REFLECTIONS 1129, 313
    EUHABITAT 748, 309

    Source: URA website
    Daft, Dafter, Dafterest!!!!

  10. #10
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    Quote Originally Posted by rattydrama
    waiting for foreign talents to buy....election is over.. what else?
    Lately I notice there alot of news on FT matters.
    Almost non stop daily, be it from policies think tank or ministers (be it former or current) keep citing reasons why FTs are needed.

    What is the hidden agenda behind....
    Daft, Dafter, Dafterest!!!!

  11. #11
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    Quote Originally Posted by westman
    I think this year bonus gone case liao as many firms will probably have a poor H2 2011. Thus I think this factor is out for property hunting.

    Also, taking average yearly sales aroud 14000 (on good year so more), I think supply > Demand way ahead.

    It would be interesting to see what going on next wor.
    Many sectors r still doing quite well. No other place to invest. Buy smaller size FH or 999LH properties in good locations r good.

  12. #12
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    Quote Originally Posted by hyenergix
    Many sectors r still doing quite well. No other place to invest. Buy smaller size FH or 999LH properties in good locations r good.
    40% down payment for a 600K property is about 320K
    will year end bonus be a deciding factor for such purchases?

  13. #13
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    Nothing hidden ...just our local media softening the ground,...that FT is here to stay and that are needed for growth...bombard your brain with the same message and slowly it become accepted truths...




    Quote Originally Posted by westman
    Lately I notice there alot of news on FT matters.
    Almost non stop daily, be it from policies think tank or ministers (be it former or current) keep citing reasons why FTs are needed.

    What is the hidden agenda behind....

  14. #14
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    Not 320k la. Should be around 255 to 260k.


    Quote Originally Posted by SpinCity
    40% down payment for a 600K property is about 320K
    will year end bonus be a deciding factor for such purchases?

  15. #15
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    Quote Originally Posted by hyenergix
    Many sectors r still doing quite well. No other place to invest. Buy smaller size FH or 999LH properties in good locations r good.
    Not sure about others but for me, bonus will not be a factor for me to consider for property investment.

    As there's a lack of opportunity for us to invest now, agree with you that smaller size FH or 999LH properties in good locations worth considering. Issue is: timing of entry....
    Daft, Dafter, Dafterest!!!!

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    Duplicate post

  17. #17
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    Quote Originally Posted by gn108
    Nothing hidden ...just our local media softening the ground,...that FT is here to stay and that are needed for growth...bombard your brain with the same message and slowly it become accepted truths...
    Hidden agenda is that they trying to findout for the votes losses through local complaints; ft snatching jobs, housing crunch issues.
    Need to solve hdb prices and trying to make the locals to accept the FT facts.

    For past few many days, they are digging information abt the % of voters age group, the issues need to address etc..

    What they wanna do,hidden agenda? Gain back for the votes for next GE lolx.

  18. #18
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    Quote Originally Posted by jwong71
    Hidden agenda is that they trying to findout for the votes losses through local complaints; ft snatching jobs, housing crunch issues.
    Need to solve hdb prices and trying to make the locals to accept the FT facts.

    For past few many days, they are digging information abt the % of voters age group, the issues need to address etc..

    What they wanna do,hidden agenda? Gain back for the votes for next GE lolx.
    Sund like a post mortem reviews...
    Daft, Dafter, Dafterest!!!!

  19. #19
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    Like the survey that found 30% of Singaporeans are cynics?
    Who pays for that? Tax payers?
    And it's declared as low and acceptable?!

    Shouldn't have to pay to get that done - just see the Poll results.



    Quote Originally Posted by jwong71
    Hidden agenda is that they trying to findout for the votes losses through local complaints; ft snatching jobs, housing crunch issues.
    Need to solve hdb prices and trying to make the locals to accept the FT facts.

    For past few many days, they are digging information abt the % of voters age group, the issues need to address etc..

    What they wanna do,hidden agenda? Gain back for the votes for next GE lolx.

  20. #20
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    ooopss... let go back to the topic befpre this thread kenna move to coffee talk or worst kenna deleted....

    What to expect if market has 30000+ units for sales in H2 2011 and 2012?
    Daft, Dafter, Dafterest!!!!

  21. #21
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    Yup - wrong discussion here...

    Momentum has stalled...now wait for new catalyst.
    Economic slow-down vs low mortgage rates....

  22. #22
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    Quote Originally Posted by westman
    Hot Selling Projects in August
    EUHABITAT, 429
    BOATHOUSE RESIDENCES, 202
    BLOSSOM RESIDENCES, 176
    THE LUXURIE, 151

    Projects that have the most unsold units
    Name,Total Units, Bal Unsold (Include both Launch & Unlaunch)
    D'LEEDON 1715, 1280
    THE LUXURIE 622, 471
    THE MINTON 1145, 447
    TWIN PEAKS 462, 413
    THE INTERLACE 1040, 351
    REFLECTIONS 1129, 313
    EUHABITAT 748, 309

    Source: URA website
    On second tot, I noticed Capitaland is the runaway winner for having the most unsold units of 1280 + 351 = 1631 units (inclusive of launched and unlaunch units)...

    Coupling with The Real Estate Developers Association of Singapore (Redas) callingthe government to consider initiating a 'timely review' of the various market tightening measures during the association's Mid Autumn Festival at Shangri-la Hotel last week and that this will help avoid artificially suppressing genuine demand for private properties here.

    Conincidentally, Redas president Wong Heang Fine is from Capitaland...

    Am I over sensitive? It's a strong tell tale sign that developers are facing hard time in selling?
    Daft, Dafter, Dafterest!!!!

  23. #23
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    well, capitaland is still pretty near its multi year low (last at this price in may 2009).

    Quote Originally Posted by westman
    On second tot, I noticed Capitaland is the runaway winner for having the most unsold units of 1280 + 351 = 1631 units (inclusive of launched and unlaunch units)...

    Coupling with The Real Estate Developers Association of Singapore (Redas) callingthe government to consider initiating a 'timely review' of the various market tightening measures during the association's Mid Autumn Festival at Shangri-la Hotel last week and that this will help avoid artificially suppressing genuine demand for private properties here.

    Conincidentally, Redas president Wong Heang Fine is from Capitaland...

    Am I over sensitive? It's a strong tell tale sign that developers are facing hard time in selling?

  24. #24
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    Quote Originally Posted by westman
    On second tot, I noticed Capitaland is the runaway winner for having the most unsold units of 1280 + 351 = 1631 units (inclusive of launched and unlaunch units)...

    Coupling with The Real Estate Developers Association of Singapore (Redas) callingthe government to consider initiating a 'timely review' of the various market tightening measures during the association's Mid Autumn Festival at Shangri-la Hotel last week and that this will help avoid artificially suppressing genuine demand for private properties here.

    Conincidentally, Redas president Wong Heang Fine is from Capitaland...

    Am I over sensitive? It's a strong tell tale sign that developers are facing hard time in selling?
    U know far east got how many unsold unit? It could be the undisputed champion in this area after decades of "unique" strategy.

  25. #25
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    Quote Originally Posted by SpinCity
    40% down payment for a 600K property is about 320K
    will year end bonus be a deciding factor for such purchases?
    That's when you feel good to spend some money, add this to the CPF, it becomes a significant amount for 20% downpayment for a 1st pte property that TOPs in 2015 or later

  26. #26
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    Quote Originally Posted by bargain hunter
    well, capitaland is still pretty near its multi year low (last at this price in may 2009).
    Any idea what was the nos then?
    Daft, Dafter, Dafterest!!!!

  27. #27
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    FEO is still holding on to 67 units at Clift. Hong Fok has not made any sale at concourse skyline las tmonth. Is there really a low demand for development of more than $2000psf.

  28. #28
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    Quote Originally Posted by DC33_2008
    FEO is still holding on to 67 units at Clift. Hong Fok has not made any sale at concourse skyline las tmonth. Is there really a low demand for development of more than $2000psf.
    Perhaps buy for own stay for development of more than $2000psf or high quantum, I 'm doubtful investors would be interested. Unless the investor just merely purchase the unit(s) to park $$$ ....
    Daft, Dafter, Dafterest!!!!

  29. #29
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    back then, d'leedon and interlace were still not launched.


    Quote Originally Posted by westman
    Any idea what was the nos then?

  30. #30
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    Quote Originally Posted by gn108
    Nothing hidden ...just our local media softening the ground,...that FT is here to stay and that are needed for growth...bombard your brain with the same message and slowly it become accepted truths...
    they dont need media to do that FT are everywhere in trains busstop workplace pharmacy carwash ....public toilets...

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