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Thread: Poor sales for new units in Prime area

  1. #41
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    Quote Originally Posted by k00L View Post
    For these young hippies expat (typical associate level) they rather stay in CCR hdb like [email protected] rather OCR if budget is a constraint.
    They work long hours (eap in banking, consulting), socialise in robertson quay after work ( for biz networking & romance) and need to come office fresh before their boss comes in, so it makes sense to stay in CCR
    banks are not the only employer in Singapore.
    "[I]Never argue with an idiot, or he will drag you down to his level and beat you with experience[/I]."

  2. #42
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    if 6.9 million population is correctly forecasted, more richer expatriates will be replacing those who moved to OCR.
    [URL="http://www.propertyrichesprogram.com/blog"]Real Estate Investment Blog[/URL]

  3. #43

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    Maybe units in Prime area need to be advertise more to be known and to have more potential buyers. Good luck in the future and I hope you will have more sale in the future.
    [URL="http://mafiatoday.com"]Mafia Today[/URL]

  4. #44
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    Issue is the quantum required for units in the CCR. Many people cannot play once the absolute quantum's hit above 2mm. That combined with the ABSD has whacked a lot of secondary sales and new sales by developers in the CCR. But watch for older flats - some of these can still be good buys in the CCR if you do some homework

  5. #45
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    Quote Originally Posted by johnlee View Post
    Issue is the quantum required for units in the CCR. Many people cannot play once the absolute quantum's hit above 2mm. That combined with the ABSD has whacked a lot of secondary sales and new sales by developers in the CCR. But watch for older flats - some of these can still be good buys in the CCR if you do some homework
    Go for MM unit lor. Many brand new all below $2m, or even below $1.5m.

  6. #46
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    MM in CCR especially Orchard has the potential to hit beyond S$2million after 4 June 2014.

    Good Luck.

  7. #47
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    Quote Originally Posted by blackjack21trader View Post
    MM in CCR especially Orchard has the potential to hit beyond S$2million after 4 June 2014.

    Good Luck.
    Welcome back... huat ah huat ah

  8. #48
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    Quote Originally Posted by blackjack21trader View Post
    MM in CCR especially Orchard has the potential to hit beyond S$2million after 4 June 2014.

    Good Luck.

    Wah, so fast? Must hit $1.5m first lah

  9. #49
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    Quote Originally Posted by amk View Post
    these are totally 2 different segments.

    those OCR carrotheads do not have the capacity to play in CCR. in fact that's why they become the carrothedas for OCR, because they die die must invest in a pty. And since they cannot afford anything bigger quantum, FEO makes your dream come true, by giving you a 500sqft SOHO in the middle of nowhere for you "as investment".
    thats what I have saying along time. no tested. why would someone who can rent a nicely done up 3bed room hdb just for a 500sqf studio? and likly the rental for a dont up 3bed hdb will be same or cheaper than the current 500sqf rental. at those OCR MM prices.
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  10. #50
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    Quote Originally Posted by EBD View Post
    Agree. I almost feel sorry for these people. Think they are buying into a dream when they are actually being sold a nightmare.

    Still, how you going to get rich if there weren't any people like this in the world.
    in the 1st place how to get rich with a MM? the quantum gain requires the psf to move up a lot. and there is a danger of the rental being suppressed by the surrounding HDB or older condos or ECs...
    “Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.”
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