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Thread: Tender Closed for Jalan Loyang Besar

  1. #1
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    Default Tender Closed for Jalan Loyang Besar


  2. #2
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    $350+psf for Loyang? Doesn't feel like it was a low bid.

  3. #3
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    This one works out to be $361.18psf ppr.
    This is much cheaper than the one beside which MCL land won for $402.40psf ppr.
    http://www.h88.com.sg/article/Pasir+...ly+three+bids/

    But seastrand's bid was the cheapest at $335psf ppr.
    http://www.h88.com.sg/article/Pasir+...s+only+4+bids/


  4. #4
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    This site is comparable wif mcl one or slightly better....so market started to fall liao

  5. #5
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    When's the next time we get a bidding on a plot next to an MRT station? That'll be a good acid test.

  6. #6
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    Despite lower bid, we got 13 bidders! Tats interesting.....liquidity monster very much still alive and everyone is trying their luck by putting an opportunistic bid

  7. #7
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    Quote Originally Posted by devilplate
    Despite lower bid, we got 13 bidders! Tats interesting.....liquidity monster very much still alive and everyone is trying their luck by putting an opportunistic bid
    it's a crisis of confidence, not a crisis of liquidity. if only the liquidity all got of the sidelines simultaneously, our problems will be solved. but that's just wishful thinking. the money at the side doesn't want to be the hero that dies young.

  8. #8
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    Quote Originally Posted by kane
    When's the next time we get a bidding on a plot next to an MRT station? That'll be a good acid test.
    the reserve site just next to juroong east will be a very good test : )

  9. #9
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    Quote Originally Posted by Allthepies
    the reserve site just next to juroong east will be a very good test : )
    That Jurong East plot does not need to be tested. Government has already commited to upgrade the area over several years. Besides, any project that is launched next year there will TOP in 2016 or 2017. Rental or sub-sale is guaranteed. Quite a safe buy.

  10. #10
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    Quote Originally Posted by hyenergix
    That Jurong East plot does not need to be tested. Government has already commited to upgrade the area over several years. Besides, any project that is launched next year there will TOP in 2016 or 2017. Rental or sub-sale is guaranteed. Quite a safe buy.
    There will be demand, my point is how bullish is the.demand, and from the bid price, it'll become evident.

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