District 14 huat ah!
Junior
District 14 huat ah!
Music of the night
EuHabitat owners HUAT big time ... 1br was about 900psf only last time for EuHabitat ...
Ride at your own risk !!!
Junior
EuHabitat no match with katong regency in terms of location n amenities..so dont understand why will EuHabitat huat?Originally Posted by phantom_opera
Both projects are miles apart also in terms of distance.
Anyway one is 99yrs while the other is fh..
Last edited by fiat500; 20-04-12 at 12:55.
Newbie
This one is a much better buy than Sky habitat...
UOL under-price this...?
Newbie
Different product. Sky Habitat gives you a residential type of environment one can easily associate with and connect. For Katong Regency, you need to dig deep into the bag to find this connection. I tried as I visited the location many times in the run up to the launch. The x factor is not there and honestly, I was quite disappointed with myself. I think I am not alone in coming to this conclusion.
Senior
Published April 20, 2012
Latest property launches continue to draw local buyers
Projects at Katong, Bishan sell briskly at $1,500-1,700 psf
By
michelle tan
Popular district: UOL's freehold Katong Regency was said to have sold around 70 per cent of all its units as of yesterday evening at an average price that ranged somewhere between $1,500 and $1,600 psf
During UOL's annual general meeting yesterday, group chairman Wee Cho Yaw pointed out that the robust take-up at property launches is likely due to the high amount of liquidity in the market amid a low interest rate environment.
RESIDENTIAL developments launched over the past week continue to be snapped up like hot cakes, despite their increasingly hefty price tags.
UOL's Katong Regency, which was soft launched barely two days ago, saw a large crowd at its showflat on a weekday afternoon, with many prospective buyers standing around eagerly analysing price lists of the units.
In fact, the freehold 244-unit mixed development which will reside on the former Lion City Hotel and Hollywood Theatre sites, was said to have sold around 70 per cent of all its units as of yesterday evening at an average price that ranged somewhere between $1,500 and $1,600 per square foot (psf).
According to agents smaller units, such as a 550 sq ft one-bedder unit, also achieved high prices starting from $950,000 - which translates to around $1,727 psf.
Kam Tin Seah, senior general manager (investment and strategic development), said: "Katong Regency is a quality development located next to the upcoming Paya Lebar central commercial hub. Besides its strategic location, Katong Regency is also a development that sits atop a three-storey retail mall that will focus on edutainment, gastronomy and lifestyle. With 70 per cent booked, we are pleased that homebuyers recognise the value propositions of this development and realistic pricing for a rare freehold in the highly popular district 15."
Last weekend, CapitaLand also saw brisk sales at the launch of its 99-year leasehold Bishan 509-unit condominium project, Sky Habitat, with 125 units out of the 180 launched sold by Sunday evening at prices that were well above those asked by existing developments in the vicinity.
Notably, average prices for a four-bedder and a one-bedder were said to come in at around $1,642 and $1,747 psf for the respective unit types with buyers being primarily Singaporeans.
During UOL's annual general meeting yesterday, group chairman Wee Cho Yaw pointed out that the robust take-up at property launches is likely due to the high amount of liquidity in the market amid a low interest rate environment, which in turn spurs investors to park cash in options such as properties or stocks.
Consultants also note that demand has been well supported by local buyers so far and expect the sales momentum to continue in the coming months, especially in well-located sub-urban developments.
However, if demand and prices continue to spiral higher, some worry that new cooling measures might be rolled out by the end of the year.
Junior
I find that this is a no brainer if u compare SH n KR.
KR is city fringe,lower psf than SH n the best thing is its fh.
Iconic building or design,after a period of time will also look outdated n old.
So KR definitely a much better buy between these 2 IMO.
Newbie
KR - got a slight edge in pricing and FH...
SH - is hype with some features and high-rise.
But comparing only the two can lead to distraction to fundermental issue - which is why either? why now? what is my upside/intend/etc?
Newbie
Geylang is even closer to city fringe. No doubt KR is a reasonable buy for the price range. If you can relate to the surroundings, good for you. Sunday afternoon is a good time to start. Unfortunately I cannot. To each his own...
Newbie
Wee Cho Yaw is saying the obvious.
Junior
I m relating it from a neutral point of view as i m not vested in KR.
If i were to plonk my $$ down,KR would definitely b my choice.
End of d day,SH is still located in a hdb estate n its 99yrs.
Junior
The main question of the day is, has KR declared 100% sold, TQ For your Support Already???
Junior
It won't b so difficult cos heard from those agents the remaining units are all 1 or 1+s..
Senior
Kal's update yesterday was only 30+ left, should be all gone by today? will the showflat still be open for the weekend? hahahahahaha
必ず
No wonder KR is priced to sell out before Sunday.
Newbie
No wonder KR is priced to sell out before Sunday.
the whole environment there is horrible comes weekend.
They shouldn't call themselves Katong to spoil the good name of Katong
Music of the night
It really does not matter ... it is still better than putting your money in the bank and let 5-6% inflation eroding away the purchasing power
How long the music can go ... nobody knows
FLAMINGO VALLEY SIGLAP ROAD Condominium 1 778,190 517 Strata 1,506psf Apr-12
TEMBELING RESIDENCE TEMBELING ROAD Apartment 1 695,000 420 Strata 1,656psf Mar-12
Ride at your own risk !!!
tweet @condoexchange
Simply shocking!!!!!
Junior
Now u buy a brand new cheapest 3 series bimmer will cost u 250k already.
so buying an apartment@ 700k - 800k is nothing actually.
Junior
Sorry...duplicate post.
Kindly ignore.
Senior
I thought the government together with the banks own and play the jukebox. They decide when the music stops.
Senior
They can play the jukebox in slow mo but they cannot to let it stop entirely...
Senior
They won't stop. Singapore economy will collapse.
tweet @condoexchange
Shocking not coz of quantum but the price.!!!
Newbie
I see property bubbles forming in the air.
Divine
KR is priced quite low.
Senior
FH Esta Ruby at just below $1000 3 years ago were not hot eventhough paya lebar plan is out. KR is really amazing. Is the mall really worth so much? MOM will be moving here.
Junior
Left last 19+ units as of Afternoon today.. cheapest 1bedder >1mil
Senior
Yeah. It only tells u developer has under priced e units.
Junior
Hmmm Wee & Co "under price" a project.... I think the last time it happened was in southbank
Not under price lah. 1600 is the righht level to clear it. UOL is not really a very big player, he wants to clear it. I think he knows this maker is peaking and he still has that bedok project to clear.
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