Page 5 of 148 FirstFirst 123456789101520253035 ... LastLast
Results 121 to 150 of 4428

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

  1. #121
    Join Date
    May 2009
    Posts
    616

    Default

    Quote Originally Posted by kane
    Cannot always compare with the top performer. A 100% return over 2+ years for hardly any active monitoring like stocks is very decent returns.

    It makes a person feel happier as well when you are able to be contented with the profit and not constantly crave the highest possible return, otherwise we'll all live very miserably.
    not just top performer...

    how about other classes of property in general? I though for a property bought in July 2009, the 25% increase is rather small.

    My thinking is that the prices has ran up quite a bit since july 2009

  2. #122
    teddybear's Avatar
    teddybear is offline Global recession is coming....
    Join Date
    Mar 2009
    Posts
    10,800

    Default

    True for OCR properties only? If you have bought the Quartz in 2009 at $600 psf, Now is already $1100 psf, that is 83% return on your purchase price or 317% return on your capital!
    What does it say? OCR risen too much too fast? People still expecting CCR condo prices to fall further when they are up like 25% only vs OCR up 83% since 2009?

    Quote Originally Posted by wind30
    not just top performer...

    how about other classes of property in general? I though for a property bought in July 2009, the 25% increase is rather small.

    My thinking is that the prices has ran up quite a bit since july 2009

  3. #123
    Join Date
    Jul 2009
    Posts
    7,482

    Default

    Quote Originally Posted by wind30
    not just top performer...

    how about other classes of property in general? I though for a property bought in July 2009, the 25% increase is rather small.

    My thinking is that the prices has ran up quite a bit since july 2009
    25% is the average i feel. There are some star performers in ocr but those are less common occurrances. Say arte. Appreciation was also about that figure. Generally for ccr that was the percentage gain.

  4. #124
    Join Date
    Apr 2010
    Posts
    15,307

    Default

    actually 25% quite low....on average shd be 40-50%

  5. #125
    Join Date
    Jun 2007
    Location
    D15
    Posts
    5,095

    Default

    Quote Originally Posted by dtrax
    haha all the ifsss, it only I know OCR will continue chiong upwards till 2016 I will hoot as many parc rosewood and RS
    If you checked my threads in 2007, you will see that I said Botannia and Changi Rise both in OCR will chiong to over S$1100psf from 700psf. That time, got one brother challenged me and said I from IMH. Then, later, they found out what wikileak said about the Jurong East Development. But I tell ya, too late to go in liao.

    After I unloaded both of the above properties and moved the investment to near the Singapore River in 2011 last year. And I told brothers and sisters to aim this area. Still got one brother in another forum chio me. I am not going to tell in the other forum, but I shall tell a little bit here:

    The Singapore River is undergoing a major transformation ecologically. I could not confirm it until recently when I went to ECP and looked at the moonsoon drains there. And indeed, what I saw confirmed that I was right all along.

    The Marina Barrage is a huge filter, it is currently filtering all the dirt out of Singapore River. In a few years time ( est. 5 years ), I think we should be able to see fishes swimming 2-3m below the river surface. This River will be the Beating Heart of Singapore, the veins connected to the Marina South and The Sands. By then, I think our Authority will realise that it shall be a major attraction and magnet puller for the tourists and business activities. She will then find it worthwhile to put in more money into generating and rejunevating the area. But it will be too late for the investors to enter by then.

    Good Luck. That is all I can tell you.

    神龙股侠。


    Disclaimers: I owned 2 properties along the Singapore River Bank.

  6. #126
    Join Date
    Apr 2010
    Posts
    15,307

    Default

    very normal leh for 700psf to 1kpsf.....alot of ocr ppty in other locations u bot in mid 09 aso can see such jump wat......

  7. #127
    Join Date
    Apr 2010
    Posts
    15,307

    Default

    bro BJ timing cud haywire one hor.....his stock timing jialat......if not he make a BIG PILE.....hehehe

    too early to buy into ccr yet......

  8. #128
    Join Date
    Jun 2007
    Location
    D15
    Posts
    5,095

    Default

    To prove that I am right and not trying to stir the area because I invested.

    I urge all brothers and sisters here that have read this thread to keep absolute silence on this. Do not tell anyone you know about this area. And monitor the price movement and enbloc activites there yourselves.

  9. #129
    Join Date
    Jun 2007
    Location
    D15
    Posts
    5,095

    Default

    Quote Originally Posted by devilplate
    bro BJ timing cud haywire one hor.....his stock timing jialat......if not he make a BIG PILE.....hehehe

    too early to buy into ccr yet......
    That I agree. My timing could be wrong la.

  10. #130
    Join Date
    Apr 2010
    Posts
    15,307

    Default

    Quote Originally Posted by blackjack21trader
    To prove that I am right and not trying to stir the area because I invested.

    I urge all brothers and sisters here that have read this thread to keep absolute silence on this. Do not tell anyone you know about this area. And monitor the price movement and enbloc activites there yourselves.
    actually marine parade area hotter i feel....many enbloc at HIGH px waiting to be launched...most likely launch after ERL station announcement

  11. #131
    Join Date
    Jun 2007
    Location
    D15
    Posts
    5,095

    Default

    Quote Originally Posted by devilplate
    very normal leh for 700psf to 1kpsf.....alot of ocr ppty in other locations u bot in mid 09 aso can see such jump wat......
    yes, but that time nobody could see the potential mah. WOAHAHAHAHAHAH

  12. #132
    Join Date
    May 2008
    Posts
    9,279

    Default

    thanks for advise, bro. yes tell no one! dun let the secret of singapore river out of the bag.

    i will also try to time it. like bro devilplate, i think a little early (u probably bought before the rise so not in your case), but may start to look interesting. good luck everyone!


    Quote Originally Posted by blackjack21trader
    If you checked my threads in 2007, you will see that I said Botannia and Changi Rise both in OCR will chiong to over S$1100psf from 700psf. That time, got one brother challenged me and said I from IMH. Then, later, they found out what wikileak said about the Jurong East Development. But I tell ya, too late to go in liao.

    After I unloaded both of the above properties and moved the investment to near the Singapore River in 2011 last year. And I told brothers and sisters to aim this area. Still got one brother in another forum chio me. I am not going to tell in the other forum, but I shall tell a little bit here:

    The Singapore River is undergoing a major transformation ecologically. I could not confirm it until recently when I went to ECP and looked at the moonsoon drains there. And indeed, what I saw confirmed that I was right all along.

    The Marina Barrage is a huge filter, it is currently filtering all the dirt out of Singapore River. In a few years time ( est. 5 years ), I think we should be able to see fishes swimming 2-3m below the river surface. This River will be the Beating Heart of Singapore, the veins connected to the Marina South and The Sands. By then, I think our Authority will realise that it shall be a major attraction and magnet puller for the tourists and business activities. She will then find it worthwhile to put in more money into generating and rejunevating the area. But it will be too late for the investors to enter by then.

    Good Luck. That is all I can tell you.

    神龙股侠。


    Disclaimers: I owned 2 properties along the Singapore River Bank.

  13. #133
    Join Date
    May 2008
    Posts
    9,279

    Default

    Bro, The Feb caveat for a 2024 sq ft unit at The Coast carries the lowest quantum of $3.35m and set the lowest psf at 1655psf in 2 years. Is this also loss making?

    likewise lowest psf for Reflections at 1399psf for 1012 sq ft and 1473psf for 1324 sq ft in Jan and Feb respectively.


    Quote Originally Posted by dtrax
    So many large quantum CCR losing moneyyyyyyyyyyyy:

    MARINA COLLECTION 17 Cove Drive #03-26 1 174 Strata 5,244,400 30140 2800 22-FEB-2012 Condominium 99 Yrs From 03/01/2007 2011 Resale Private 04 09 098329 Central Region Southern Islands

    MARINA COLLECTION 17 Cove Drive #03-26 1 174 Strata 5,225,670 30033 2790 27-MAR-2008 Condominium 99 Yrs From 03/01/2007 Uncompleted New Sale HDB 04 09 098329 Central Region Southern Islands

  14. #134
    Join Date
    Jan 2011
    Posts
    1,636

    Default

    Quote Originally Posted by teddybear
    True for OCR properties only? If you have bought the Quartz in 2009 at $600 psf, Now is already $1100 psf, that is 83% return on your purchase price or 317% return on your capital!
    What does it say? OCR risen too much too fast? People still expecting CCR condo prices to fall further when they are up like 25% only vs OCR up 83% since 2009?
    Steady..... its not on par with CCR prices yet.... Guru Stanlingrad said it will be on par unless its Woodlands.... no difference between West Coast vis a vis Sentosa, Orchard and Marina Bay

  15. #135
    Join Date
    Sep 2008
    Posts
    2,660

    Default

    Quote Originally Posted by devilplate
    actually 25% quite low....on average shd be 40-50%
    ya kinda agree.. if you're talking in terms of ROI and startup investment amount when buying at bottom and sell at peak, OCR/RCR beats CCR hands down? Think of buying 3x caspian unit vs 1x one devonshire

  16. #136
    Join Date
    Sep 2008
    Posts
    2,660

    Default

    Quote Originally Posted by blackjack21trader
    If you checked my threads in 2007, you will see that I said Botannia and Changi Rise both in OCR will chiong to over S$1100psf from 700psf. That time, got one brother challenged me and said I from IMH. Then, later, they found out what wikileak said about the Jurong East Development. But I tell ya, too late to go in liao.

    After I unloaded both of the above properties and moved the investment to near the Singapore River in 2011 last year. And I told brothers and sisters to aim this area. Still got one brother in another forum chio me. I am not going to tell in the other forum, but I shall tell a little bit here:

    The Singapore River is undergoing a major transformation ecologically. I could not confirm it until recently when I went to ECP and looked at the moonsoon drains there. And indeed, what I saw confirmed that I was right all along.

    The Marina Barrage is a huge filter, it is currently filtering all the dirt out of Singapore River. In a few years time ( est. 5 years ), I think we should be able to see fishes swimming 2-3m below the river surface. This River will be the Beating Heart of Singapore, the veins connected to the Marina South and The Sands. By then, I think our Authority will realise that it shall be a major attraction and magnet puller for the tourists and business activities. She will then find it worthwhile to put in more money into generating and rejunevating the area. But it will be too late for the investors to enter by then.

    Good Luck. That is all I can tell you.

    神龙股侠。


    Disclaimers: I owned 2 properties along the Singapore River Bank.
    07, dun talk about miss the boat. The boat is nowhere in sight. Was still doing my industrial attachment in uni and having fun playing computer games lol

  17. #137
    Join Date
    Sep 2008
    Posts
    2,660

    Default

    Quote Originally Posted by bargain hunter
    Bro, The Feb caveat for a 2024 sq ft unit at The Coast carries the lowest quantum of $3.35m and set the lowest psf at 1655psf in 2 years. Is this also loss making?

    likewise lowest psf for Reflections at 1399psf for 1012 sq ft and 1473psf for 1324 sq ft in Jan and Feb respectively.

    Yeah >500k net loss:

    THE COAST AT SENTOSA COVE 278 Ocean Drive #02-13 1 188 Strata 3,855,000 20505 1905 09-SEP-2010 Condominium 99 Yrs From 11/04/2006 2009 Resale Private 04 09 098450 Central Region Southern Islands

    THE COAST AT SENTOSA COVE 278 Ocean Drive #02-13 1 188 Strata 3,350,000 17819 1655 20-FEB-2012 Condominium 99 Yrs From 11/04/2006 2009 Resale Private 04 09 098450 Central Region Southern Islands


    REFLECTIONS AT KEPPEL BAY 25 Keppel Bay View #03-79 1 123 Strata 1,950,000 15854 1473 21-FEB-2012 Condominium 99 Yrs From 15/03/2006 2011 Sub Sale Private 04 09 098415 Central Region Bukit Merah

    - This was a subsale but no caveat for the first purchase. Could have been paid in cash or without loan

  18. #138
    Join Date
    Apr 2010
    Posts
    15,307

    Default

    Quote Originally Posted by dtrax
    07, dun talk about miss the boat. The boat is nowhere in sight. Was still doing my industrial attachment in uni and having fun playing computer games lol
    wah yng bird

  19. #139
    Join Date
    May 2008
    Posts
    9,279

    Default

    wah, losses popping up left right centre.

    Quote Originally Posted by dtrax
    Yeah >500k net loss:

    THE COAST AT SENTOSA COVE 278 Ocean Drive #02-13 1 188 Strata 3,855,000 20505 1905 09-SEP-2010 Condominium 99 Yrs From 11/04/2006 2009 Resale Private 04 09 098450 Central Region Southern Islands

    THE COAST AT SENTOSA COVE 278 Ocean Drive #02-13 1 188 Strata 3,350,000 17819 1655 20-FEB-2012 Condominium 99 Yrs From 11/04/2006 2009 Resale Private 04 09 098450 Central Region Southern Islands


    REFLECTIONS AT KEPPEL BAY 25 Keppel Bay View #03-79 1 123 Strata 1,950,000 15854 1473 21-FEB-2012 Condominium 99 Yrs From 15/03/2006 2011 Sub Sale Private 04 09 098415 Central Region Bukit Merah

    - This was a subsale but no caveat for the first purchase. Could have been paid in cash or without loan

  20. #140
    Join Date
    May 2008
    Posts
    9,279

    Default

    The Sail @ Marina Bay $1,518,100 893 sq ft 1699psf Jan 2012

    lowest psf recorded in the development in 2 years.

  21. #141
    Join Date
    May 2008
    Posts
    9,279

    Default

    ZERO caveats lodged for D2 in 2012 other than the 2 at the aged Spottiswoode Park!

  22. #142
    Join Date
    Jul 2009
    Posts
    7,482

    Default

    Facing orq?

  23. #143
    Join Date
    Dec 2009
    Posts
    6,003

    Default

    CCR salea seem bad compared to a year ago... I drive by orchard road area frequently n i c many empty units tt have already TOP for abt a year already. Even developers w good holding power shd think twice of holding on to them until end of this year. The rich foreign buyers seem to have mostly vaporised after CM5.

  24. #144
    Join Date
    May 2011
    Posts
    600

    Default

    Quote Originally Posted by hyenergix
    CCR salea seem bad compared to a year ago... I drive by orchard road area frequently n i c many empty units tt have already TOP for abt a year already. Even developers w good holding power shd think twice of holding on to them until end of this year. The rich foreign buyers seem to have mostly vaporised after CM5.
    No tenants also? Are these the big unit condos?

  25. #145
    teddybear's Avatar
    teddybear is offline Global recession is coming....
    Join Date
    Mar 2009
    Posts
    10,800

    Default

    I can tell you that: NO, a big NO!
    But it has been like that all along since 1997 after Indonesia crisis!

    Point by point holes-fixing:
    [1] His personal opinion based on [2].
    [2] This is a fact, but has been like that since 1997, and all the while we went through property market cycle boom and bust.
    [3] His personal opinion as well, he hoping developers dump cheap cheap? No problem! Developers are instead dumping all their OCR condos at irresistable prices! Bedok Residences $1500 psf! Punggol $1400 psf! Bishan $1700 psf! Hooray!
    [4] Yes, what do you expect when people introduce 10% ABSD to biase against them? And along with them also their money, investment, business, jobs created all don't come to Singapore?


    Quote Originally Posted by Jonathan0503
    No tenants also? Are these the big unit condos?
    Quote Originally Posted by hyenergix
    [1]CCR salea seem bad compared to a year ago...
    [2]I drive by orchard road area frequently n i c many empty units tt have already TOP for abt a year already
    .
    [3]Even developers w good holding power shd think twice of holding on to them until end of this year.
    [4]The rich foreign buyers seem to have mostly vaporised after CM5.

  26. #146
    Join Date
    Dec 2008
    Posts
    2,419

    Default

    Quote Originally Posted by teddybear
    I can tell you that: NO, a big NO!
    But it has been like that all along since 1997 after Indonesia crisis!

    Point by point holes-fixing:
    [1] His personal opinion based on [2].
    [2] This is a fact, but has been like that since 1997, and all the while we went through property market cycle boom and bust.
    [3] His personal opinion as well, he hoping developers dump cheap cheap? No problem! Developers are instead dumping all their OCR condos at irresistable prices! Bedok Residences $1500 psf! Punggol $1400 psf! Bishan $1700 psf! Hooray!
    [4] Yes, what do you expect when people introduce 10% ABSD to biase against them? And along with them also their money, investment, business, jobs created all don't come to Singapore?
    teddy, when you declare yourself bankrupt, let us know. We will shed a tear or two for you. BTW, trying working for a living, instead of wasting your life being landlord collecting rent for a living.

  27. #147
    teddybear's Avatar
    teddybear is offline Global recession is coming....
    Join Date
    Mar 2009
    Posts
    10,800

    Default

    Ha ha ha! I don't need to slough for a living. If that is considered wasting life to you, that is perfectly fine with me because I love to "waste time" to smell the roses and take life easy, come here to TCSS when I feel like it!
    I also don't need to go other countries to work, see other people's faces, and get criticised for stealing the jobs of the locals! I bet you must have been cursed don't know how many times (countless!) for this!
    It is bad to be cursed too many times, life will become short, and may not die a good death. Please do more charity to Singapore to repent for your sin done to the locals!


    Quote Originally Posted by stalingrad
    teddy, when you declare yourself bankrupt, let us know. We will shed a tear or two for you. BTW, trying working for a living, instead of wasting your life being landlord collecting rent for a living.

  28. #148
    Join Date
    Apr 2010
    Posts
    15,307

    Default

    Quote Originally Posted by stalingrad
    teddy, when you declare yourself bankrupt, let us know. We will shed a tear or two for you. BTW, trying working for a living, instead of wasting your life being landlord collecting rent for a living.
    this is the silliest comment ever....

    laugh till go toilet pang sai....wakakakakakakaka

  29. #149
    Join Date
    Feb 2011
    Posts
    317

    Default

    Quote Originally Posted by devilplate
    this is the silliest comment ever....

    laugh till go toilet pang sai....wakakakakakakaka
    lol... agree!!!

  30. #150
    Join Date
    Aug 2009
    Posts
    2,988

    Default

    Quote Originally Posted by hyenergix
    ... i c many empty units tt have already TOP for abt a year already....
    In the place I'm staying, there is a unit that has been vacant since TOP, for 5yrs now.
    no one has ever stayed there. not even any ad for rent/sale.
    And the owner pays the maintenance on time. All this while. At one stage I asked his agent (or maybe his friend) why dun want to rent out. He said they dun need the money and dun want to "dirty" the place.
    Many CCR properties are for investments, or as second homes, or as asset for wealth preservation, etc. You need to broaden your mindset when analyzing CCR segment.

Similar Threads

  1. Proportion of loss-making transactions in resale market up in November
    By New Reporter in forum Singapore Private Condominium Property Discussion and News
    Replies: 0
    -: 28-12-20, 21:35
  2. A few RCR transactions sold at a loss
    By wannabe in forum Singapore Private Condominium Property Discussion and News
    Replies: 12
    -: 22-07-16, 17:21
  3. St REGIS: Sold for $15.8 mio loss
    By gsmsimmax3 in forum Singapore Private Condominium Property Discussion and News
    Replies: 11
    -: 18-03-15, 16:26
  4. More private properties being sold at a loss
    By reporter2 in forum Singapore Private Condominium Property Discussion and News
    Replies: 0
    -: 05-02-15, 16:05
  5. Any RCR transaction sold at loss yet?
    By Poloclub in forum Singapore Private Condominium Property Discussion and News
    Replies: 5
    -: 23-03-12, 00:16

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •