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Thread: Katong Regency (Former Lion City Hotel) D14 By UOL

  1. #61
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    I am interested..stay tune..

  2. #62
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    Quote Originally Posted by HCJH
    The official appointed marketing agency is ERA. Info is $1600-2000psf no discount cos this is their practice but will offer slightly lower than indicative price during the VVIP preview.

    However, anything might change if no one bites into their expensive pie.
    I was expecting this KR project will go for as high as $1.8/psf on average anyway, lets see...

  3. #63
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    No doubt there will be lots of interest and if they price it reasonably judging from today's market and sentiment they might have 100% sold out, if not, left over for bargain buy in 2015.

  4. #64
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    Btw any comments on the surrounding and environment in that area? Is it an area for own stay or investment?

  5. #65
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    Quote Originally Posted by fafalulu
    sales trick lah. she even said D15 leh!

  6. #66
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    You go check it out...while having a bite to eat at Haig Rd FC.

    It's very near PLebar MRT - but the walk is fully exposed.
    The whole precinct will be made a Regional Centre but I feel the focus is not on the side where KR is.

    A little 'pasar malam' feel to me, but it's interesting to value the location.

    Quote Originally Posted by HCJH
    Btw any comments on the surrounding and environment in that area? Is it an area for own stay or investment?

  7. #67
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    the location is anything but katong. Yet they dare to name it katong, LOL.

  8. #68
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    Quote Originally Posted by august
    the location is anything but katong. Yet they dare to name it katong, LOL.
    It's on the junction of katong road wat. wats wrong?

  9. #69
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    Quote Originally Posted by price
    It's on the junction of katong road wat. wats wrong?
    haha tanjong katong rd is a very long rd. This lion city hotel's location is anything but katong in the layman's understanding of katong.

  10. #70
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    Quote Originally Posted by august
    haha tanjong katong rd is a very long rd. This lion city hotel's location is anything but katong in the layman's understanding of katong.
    Yea just like East Coast road is very long. But people still go for its road name

  11. #71
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    It's Katong in name but in essence, it feels more Geylang Serai.

    Not saying it's shite but just the 'feel' of the location.
    This location got many attributes going for it.

    Quote Originally Posted by price
    Yea just like East Coast road is very long. But people still go for its road name

  12. #72
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    Quote Originally Posted by gn108
    It's Katong in name but in essence, it feels more Geylang Serai.

    Not saying it's shite but just the 'feel' of the location.
    This location got many attributes going for it.
    Call it Katong is not quite appropriate for this area. Geyland Serai does not sound good either. More appropriately should be Paya Lebar which may sound too commercial either for residential development. UOL should simply call it another name other than try to associate it with the location. UOL should associate the residential part of the development to the commercial portion of the development and market aggressively on the commercial portion which is the hub of the Paya Lebar regional centre.

    City Plaza will continue to co-exist just like Lucky Plaza in Orchard Road. City Plaza is strata titles so it is very difficult to go en bloc with both residential and commercial units in the same development.

  13. #73
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    Quote Originally Posted by gn108
    It's Katong in name but in essence, it feels more Geylang Serai.

    Not saying it's shite but just the 'feel' of the location.
    This location got many attributes going for it.
    regardless of wat, it will still be a sellout at 1.8kpsf-2kpsf

  14. #74
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    Latest news from propertyguru:

    "Tharman: Govt working to cool property market"

  15. #75
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    Quote Originally Posted by HCJH
    Latest news from propertyguru:

    "Tharman: Govt working to cool property market"
    Haha will this be third time lucky for UOL? The day after they launched Archipelago, CM5 kicked in. About that time, they put in the sole bid for the site opposite KR and the ura turned them down.

  16. #76
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    Quote Originally Posted by HCJH
    Latest news from propertyguru:

    "Tharman: Govt working to cool property market"
    is this report for real??? can't wait to see what can cm6 be...... soooon....

  17. #77
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    They have to clean up the mess asap so that they have enough time to prepare for next election in 2015 rite?

  18. #78
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    Quote Originally Posted by HCJH
    They have to clean up the mess asap so that they have enough time to prepare for next election in 2015 rite?
    Must clean-up even sooner if the Hougang by-election takes place. Although only a smc, the results will be a gauge of the electoral sentiment following the last GE.

  19. #79
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    There is a month of nite market there during the Malay new year, very noisy and crowded.

  20. #80
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    Quote Originally Posted by Laguna
    There is a month of nite market there during the Malay new year, very noisy and crowded.
    My relation used to stay at Galaxy Tower at the junction of Onan Rd and Geylang. They moved out some years back as the environment was not conducive for own stay. They warned about the new year phenomenon too.

  21. #81
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    Quote Originally Posted by gn108
    You go check it out...while having a bite to eat at Haig Rd FC.

    It's very near PLebar MRT - but the walk is fully exposed.
    The whole precinct will be made a Regional Centre but I feel the focus is not on the side where KR is.

    A little 'pasar malam' feel to me, but it's interesting to value the location.
    Exactly right! Condo may be near to MRT but need to negotiate the big junctions with heavy traffic. I would prefer to walk double the distance along, say, a park connector.

    But still, going to be a sellout lah. Who has submitted cheques?

  22. #82
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    Hv not decided yet. Even at $1400 for 3 bedrm is still buying high. Down trend is so obvious and even our govt is determined to bring the prices down soon.

  23. #83
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    Hi all

    Is the tax obligation for developer same as individual for rental income?
    Many dev are renting out their units, such as reflections.
    So, how to force them to sell? Increase tax?

    Regards

    Quote Originally Posted by HCJH
    Hv not decided yet. Even at $1400 for 3 bedrm is still buying high. Down trend is so obvious and even our govt is determined to bring the prices down soon.

  24. #84
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    Quote Originally Posted by HCJH
    Hv not decided yet. Even at $1400 for 3 bedrm is still buying high. Down trend is so obvious and even our govt is determined to bring the prices down soon.
    The govt is waiting for the tipping point which may come if Sky Habitat and Katong Regency sell out.

  25. #85
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    Since last year (?) onwards, developer has to sell all their units within 3-4yrs (?) from the day they bought the land to completion. So they are not able to keep any units by themselves for rental.

  26. #86
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    Quote Originally Posted by bargain hunter
    this is UOL leh. expect them to rip off in a bull market. dream on for sweet spot.

    learn from u, if bishan 99 year no mall is 1700 to 1800psf, this one of course must be higher right? some more smaller units.

    Hey Bishan got mall at door step, actully better than mall in the same building.

    But is it really bull mkt now ? Not all projects are selling well leh. Like that Frasers project(s). UOL small player can clear will clear one. Profit margin already okay at 1600. China Con main con some more, cheapest builder in town.

    Btw I heard finishing not bad. 2bd above got marble.

  27. #87
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    The previous round of cooling measure in Dec/11 saw developers and real estate body complaining that there is no warning sign for them. Mr Khaw said this is the way it should be. So this time, they sent Mr. Tharman to let out some air first. Maybe something really serious is on its way.

    HKG and China has implemented measures which proof to be effective and their property prices has been in control so far. How could Singapore govt lose out?

  28. #88
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    Homogenous tiles for all units except penthouses at the pricing $1600-2000!!!

  29. #89
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    Quote Originally Posted by insigina
    The govt is waiting for the tipping point which may come if Sky Habitat and Katong Regency sell out.
    Yes, Sky Habitat's pricing is making them hopping now.

  30. #90
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    Quote Originally Posted by HCJH
    Homogenous tiles for all units except penthouses at the pricing $1600-2000!!!
    Hmmm my info a bit diff leh... I heard 2bd above have marble already. Also got given fridge and washer cum dryer.

    Official price not fixed yet. The range is given to test market only. UOL also wants to see how the Bishan one turns out.

    Real vvip is for exowner and staff.

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