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Thread: Government Land Sales

  1. #1
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    Default Government Land Sales

    A lot of good sites coming up:

    http://www.ura.gov.sg/sales/prog1H2012rlcomresi.html

    Once sold, the sites should have launches in end 2012 to early 2013. Unfortunately all are 99LH, but some are really tempting.

  2. #2
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    Quote Originally Posted by hyenergix
    A lot of good sites coming up:

    http://www.ura.gov.sg/sales/prog1H2012rlcomresi.html

    Once sold, the sites should have launches in end 2012 to early 2013. Unfortunately all are 99LH, but some are really tempting.
    which one are really tempting in yr own opinion?

  3. #3
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    Good to note the successful bids for these sites!

  4. #4
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    Do you think URA will sell at a lower $psf ppr compared tot eh neighbouring sites? Precedent set for paya lebar. How to expect lower $psf here?
    Quote Originally Posted by ysyap
    Good to note the successful bids for these sites!

  5. #5
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    Govt always have the minimum amount before the site is officially opened for bidding. Someone must meet the minimum asking price... any price above that min bid should be accepted...

  6. #6
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    Quote Originally Posted by ysyap
    Govt always have the minimum amount before the site is officially opened for bidding. Someone must meet the minimum asking price... any price above that min bid should be accepted...
    nobody knows the min px....

  7. #7
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    URA will not allow substantial drop in price unless there is a serious recession where they need it to simulate market. Otherwise they will not offer.

  8. #8
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    Quote Originally Posted by DC33_2008
    URA will not allow substantial drop in price unless there is a serious recession where they need it to simulate market. Otherwise they will not offer.
    serious recession, they cancel land sale

  9. #9
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    Quote Originally Posted by flagship74
    which one are really tempting in yr own opinion?
    All those within 500m to the MRT stations. They are going to suck the cash from the buyers at the sideline.

  10. #10
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    if cancel land sales during recession then alot of construction companies will go burst.. and gdp will be negative..

  11. #11
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    That is why properties is about location in both macro and micro levels.
    Quote Originally Posted by hyenergix
    All those within 500m to the MRT stations. They are going to suck the cash from the buyers at the sideline.

  12. #12
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    Quote Originally Posted by devilplate
    serious recession, they cancel land sale
    Serious recession, they will hasten mrt and express way development(contractor dive price) and stimulate economic at the same time.
    Land will start to acquired back at Market rate then ..

  13. #13
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    Ops... Duplicate posting....

  14. #14
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    Quote Originally Posted by flagship74
    which one are really tempting in yr own opinion?
    2, 3, 5, 8, 9, 11 - to watch for?

  15. #15
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    I thought the one behind Queens not bad. Hopefully all developers bid $1.
    http://www.mnd.gov.sg/MNDAPPImages/N...11206/RL-3.pdf

    http://forums.condosingapore.com/att...3&d=1323329617

  16. #16
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    Quote Originally Posted by azeoprop
    I thought the one behind Queens not bad. Hopefully all developers bid $1.
    http://www.mnd.gov.sg/MNDAPPImages/N...11206/RL-3.pdf

    http://forums.condosingapore.com/att...3&d=1323329617
    Even developer won on a dollar bid, greedy developer will not price the sale unit based on a dollar bid...

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