Thread: The Nautical (D27, 99 years LH, MCC Land (Singapore) Pte Ltd)

  1. #746
    Junior

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    Quote Originally Posted by azeoprop
    Those tower C low floor compact 3 bedders above the shops were so cheap during the initial preview 990sqft/1001sqft around 720k only. Missed the boat.
    8cy Tower C low floors will everyday see headlights bright lights into their house as it's near the main entrance driveway.

  2. #747
    Senior

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    Default From BT today

    Some 50-plus units have been sold at The Nautical at an average price of about $860 per square foot since its preview began last weekend.

    Over at Jalan Sendudok in Sembawang, Hao Yuan Investment, controlled by mainland China parties, is said to have issued options for about 50-plus units for The Nautical condo. The developer is understood to be deciding when to hold an official launch of the project, which will be accompanied by the start of an advertising campaign.

    The average price of about $860 psf for the five-storey project, which will have 435 apartments, is after a 5 per cent early-bird discount.
    Prices of a typical unit without private enclosed space or roof terrace will be in the $850-880 psf range on average.

    The Nautical comprises one, two, three and four-bedroom units and penthouses (including 32 dual- key units). Absolute prices start from about $409,000 for a 420 sq ft one-bedder. The highest-priced unit, at slightly over $1.5 million, is a 1,916 sq ft penthouse.

    Buyers of the 50-plus units are mostly HDB upgraders, comprising predominantly Singaporeans.

    CBRE, GPS and PropNex are marketing agents for The Nautical.

    The project's development is managed by MCC Land, a unit of Chinese state-owned enterprise Metallurgical Corporation of China or MCC Group. MCC Land is also the developer of Canberra Residences, which is next to The Nautical. The 320-unit Canberra Residences, which was released in January at an average price of around $830 psf, is about 90 per cent sold. Both condo projects are on 99-year sites and are five storeys high.

  3. #748
    Junior

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    Quote Originally Posted by bargain hunter
    Some 50-plus units have been sold at The Nautical at an average price of about $860 per square foot since its preview began last weekend.

    Over at Jalan Sendudok in Sembawang, Hao Yuan Investment, controlled by mainland China parties, is said to have issued options for about 50-plus units for The Nautical condo. The developer is understood to be deciding when to hold an official launch of the project, which will be accompanied by the start of an advertising campaign.

    The average price of about $860 psf for the five-storey project, which will have 435 apartments, is after a 5 per cent early-bird discount.
    Prices of a typical unit without private enclosed space or roof terrace will be in the $850-880 psf range on average.

    The Nautical comprises one, two, three and four-bedroom units and penthouses (including 32 dual- key units). Absolute prices start from about $409,000 for a 420 sq ft one-bedder. The highest-priced unit, at slightly over $1.5 million, is a 1,916 sq ft penthouse.

    Buyers of the 50-plus units are mostly HDB upgraders, comprising predominantly Singaporeans.

    CBRE, GPS and PropNex are marketing agents for The Nautical.

    The project's development is managed by MCC Land, a unit of Chinese state-owned enterprise Metallurgical Corporation of China or MCC Group. MCC Land is also the developer of Canberra Residences, which is next to The Nautical. The 320-unit Canberra Residences, which was released in January at an average price of around $830 psf, is about 90 per cent sold. Both condo projects are on 99-year sites and are five storeys high.
    CR = avg S$830psf in Jan 2011
    8cy = avg S$790psf in Apr 2011
    Nautical = avg S$860psf in Dec 2011

    While the rest of SG are recovering from their overshot levels, North probably will rise steadily in the six months down the road..... avg S$900psf, i.e. May 2012. In fact, Woodlands launches are already at S$900psf.

  4. #749
    Exalted

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    only 50+ units....

    where r the homebuyers?

    looks like only investors still buying....for eg. hillier

  5. #750
    Senior

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    Their asking and for that size. Any rational home buyer also shouldn't be iinterested...

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