A few CCR transactions sold at a loss (reported in The Edge)

[teddybear]

How did you know leh? Alamat, anyone can use a dummy title and how did you know the actual identity. I'm not one of the three

Bro Pinball you are good.
I only know the first two. How you know the 3rd one?

But don't tell everyone here lah

[devilplate]

How did you leh? Alamat, anyone can use a dummy title and how did you know other actual identity.

Am i rite to say u r using ur coy network to surf? If not how to trace ar?

[teddybear]

Nope! I don't work in NUS, APAC and also healthcare! these people anyhow hantum ! Pinball was just created by someone to hantum people.

Am i rite to say u r using ur coy network to surf? If not how to trace ar?

[Jadey]

Bro Pinball you are good.
I only know the first two. How you know the 3rd one?

But don't tell everyone here lah

Pinball's first post in this forum and you are already brother brother?

looks like you guys know each other very long huh?

[devilplate]

Nope! I don't work in NUS, APAC and also healthcare! these people anyhow hantum ! Pinball was just created by someone to hantum people.

Chey.....

I felt so 'naked' jus now lor....wakakkaka

I tink 3g network quite safe rite? Been using it....

[teddybear]

Huh, Don't tell me you are one of these three! If you are not, why felt "naked"

You have fun with another new thread - just created for you! of course, by your good friend

Chey.....

I felt so 'naked' jus now lor....wakakkaka

I tink 3g network quite safe rite? Been using it....

[devilplate]

Huh, Don't tell me you are one of these three! If you are not, why felt "naked"

You have fun with another new thread - just created for you!

Hehe...i whr got so high flyer....guess i am too innocent liao la....wakakaka

[Jadey]

CCR and teddy are the same person. How about Avatar? the same person too? How about HP65. all the same person under different disguises?

guess what, Just caught devilplate using a new name. Pinball..perhaps PN is also related because from the moment Pinball made the 1st virgin post in this forum PN already addressing Pinball as BROTHER!!!

[Pinball]

bro, chill man!.

dp and pn cool doodz but they are not cool or handsome 'nuf to be me.

WOAHAHAHAHAHAHAHHAHAHAHHEHHEHEHEHEH

guess what, Just caught devilplate using a new name. Pinball..perhaps PN is also related because from the moment Pinball made the 1st virgin post in this forum PN already addressing Pinball as BROTHER!!!

[devilplate]

very familiar!

woahahahahahha

[bargain hunter]

2413 condo/apt units + 725 ECs = total 3138 units sold in Feb 2012

[cheerful]

2413 condo/apt units + 725 ECs = total 3138 units sold in Feb 2012

helllo there ... long time no see & could only exclaim at this figure!
AMAZING ..... ...

[bargain hunter]

haha bro, u r finally back!

helllo there ... long time no see & could only exclaim at this figure!
AMAZING ..... ...

[bargain hunter]

this time huh. really nice ah. 2 nice numbers for u to buy 4D! esp 3138.

helllo there ... long time no see & could only exclaim at this figure!
AMAZING ..... ...

[cheerful]

this time huh. really nice ah. 2 nice numbers for u to buy 4D! esp 3138.

Indeeeed

[price]

huattt ah! i shall try my luck too! win big $ buy another MM

[teddybear]

Why stalingrad bro disappear? Which one is he hah?

only shows higher education not equals to better brains!

one NUS Assoc Prof
one director apac level
one got brains to work in hsa

all bickering like kids on public forum

[bargain hunter]

One Shenton $3,124,450 1582 sq ft 1975psf Mar-12

fat/thin profits or loss?

[kane]

at 1975psf, got profit meh?

[bargain hunter]

depends on whether its a high floor or a low floor unit i guess?

at 1975psf, got profit meh?

[kane]

depends on whether its a high floor or a low floor unit i guess?

i thought one shenton all units minimally must have 2000psf even at launch.

[dtrax]

Total loss

ONE SHENTON 1 Shenton Way #23-02 1 147 Strata 3,415,440 23234 2159 24-JAN-2007 Apartment 99 Yrs From 14/10/2005 Uncompleted New Sale HDB 01 06 068803 Central Region Downtown Core

ONE SHENTON 1 Shenton Way #23-02 1 147 Strata 3,124,450 21255 1975 02-MAR-2012 Apartment 99 Yrs From 14/10/2005 2011 Sub Sale Private 01 06 068803 Central Region Downtown Core

[Eldenfirefly]

Why is CCR prices stagnating or even coming down? Is it all the cooling measures? Is this the new paradigm where people no longer see staying in CCR as having so many advantages now that MRT has increased connectivity so much?

Or is it the super strong strength of the Sing dollar has just priced too many foreigners out of the CCR market?

[CCR]

Why is CCR prices stagnating or even coming down? Is it all the cooling measures? Is this the new paradigm where people no longer see staying in CCR as having so many advantages now that MRT has increased connectivity so much?

Or is it the super strong strength of the Sing dollar has just priced too many foreigners out of the CCR market?

Coz CCR no new launches...
Developer waiting for right time to launch these units....
Hence what you are seeing are resale units transaction and those that cant hold on to it will sell at a loss...

If CM6 do come, I am sure it will be more targeted at mas market condos, then the musical chair will move to CCR properties... then you will be able to clearly see the pricing and demand

[Eldenfirefly]

Hmmm, but seems like there are some which are launched already a while back, but still remaining unsold. The demand is just not there. Meanwhile, OCR selling at very high psf prices and yet, flying off the shelf like hot cakes... Watertown mostly sold, others also seeing strong demand.... Why????

The difference between CCR demand and OCR demand seems to be quite stark. developers dun even dare the launch CCR units, which in itself is a function of the low demand there now compared to OCR.

[devilplate]

All due to 10% absd....in fact, oct nov 2011, ccr resale activity picking up but suay suay cm5 pull the handbrake....

U see clift...last yr every mth got healthy transactions.....since cm5 out.....gone oredi...

But luckily smallish unit i just hold tight tight collect rent

[amk]

Why is CCR prices stagnating or even coming down? Is it all the cooling measures? Is this the new paradigm where people no longer see staying in CCR as having so many advantages now that MRT has increased connectivity so much?

.. u still want to believe your "new paradigm" theory.. if it makes you feel better that way....

this has NOTHING to do with the "new paradigm" theory. CMs and ABSDs are the real reason.

[ekl2ekl2]

Coz CCR no new launches...
Developer waiting for right time to launch these units....
Hence what you are seeing are resale units transaction and those that cant hold on to it will sell at a loss...

If CM6 do come, I am sure it will be more targeted at mas market condos, then the musical chair will move to CCR properties... then you will be able to clearly see the pricing and demand

If you drive along Newton road, you will see the big banners for the two new launches at Newton, 26 Newton and Suites @ Newton where quantum mostly bet $1- 1.2m for studio or small 2 roomer, but they do not seem to be flying, 1 transaction each in Feb 02.

Developers units for sale at Lincoln suites; No sale in Feb 02.

[amk]

suites @ newton all tiny one bedders and 1.3m each.
this is a BS project.

[Eldenfirefly]

suites @ newton all tiny one bedders and 1.3m each.
this is a BS project.

Hmmm, so suites@newton priced at 1.2 million (2150 psf) is priced too high? But watertown priced at 1300/1400 psf sell like hot cakes... I saw one cavaet - 1.2 million for a 807 sq feet unit (1465 psf). 2 bedder?

Quantum is about the same - both 1.2 million, but demand is very different! Why??? If quantum is small, then, all the CM should affect it equally leh. Why the difference? OCR properties also must pay ABSD mah.