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Thread: Poor sales for new units in Prime area

  1. #1
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    Default Poor sales for new units in Prime area

    According to the recent data stated by the straits times
    "There were 192 non-landed resale caveats lodged in the first quarter, yet developers managed to sell only 30 new units, said Dr Chua Yang Liang, JLL's head of research for South-east Asia." Quote from ST.

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    Your opinion?

  2. #2
    tweet @condoexchange

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    There are still value buys in CCR? Or famous carrotheads have migrated from OCR to CCR after reading reports on narrowing price gap?

  3. #3
    Its all about the Experience..

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    Quote Originally Posted by carbuncle
    There are still value buys in CCR? Or famous carrotheads have migrated from OCR to CCR after reading reports on narrowing price gap?
    CCR has more value in buys for sure because of the closer gaps.

  4. #4
    Junior

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    Quote Originally Posted by carbuncle
    There are still value buys in CCR? Or famous carrotheads have migrated from OCR to CCR after reading reports on narrowing price gap?
    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".

  5. #5
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    Quote Originally Posted by amk
    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".
    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.

  6. #6
    tweet @condoexchange

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    Quote Originally Posted by amk
    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".
    +1 like ....

  7. #7
    Junior

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    Quote Originally Posted by EBD
    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.
    Orchard Road retail rental is narrowing against the OCR. People want everything near to them instead of travelling far away to buy something or have a good meal. MRT/LRT is the magic word. Mixed development is also another one.

    This is the paradigm shift.

    To me, the gap is narrowing. CCR if drop further will be supported by investors with cash and some of them are hiding here

  8. #8
    Junior

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    Quote Originally Posted by rattydrama
    Orchard Road retail rental is narrowing against the OCR. People want everything near to them instead of travelling far away to buy something or have a good meal. MRT/LRT is the magic word. Mixed development is also another one.

    This is the paradigm shift.

    To me, the gap is narrowing. CCR if drop further will be supported by investors with cash and some of them are hiding here
    why are there so few big units in any new launch OCR projects?
    as you put it, there maybe "paradigm" shift in psf, is there a "paradigm" shift in OCR sizes becoming ever smaller too?

  9. #9
    Junior

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    Quote Originally Posted by EBD
    Still, how you going to get rich if there weren't any people like this in the world.
    click "like"

    10 or more losers make up for 1 winner..

  10. #10
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    It happens to Hong Kong too. Developers know that OCR buyer cannot afford large quantum so they have to build smaller 2-3 bedder to meet their demand.
    Quote Originally Posted by hopeful
    why are there so few big units in any new launch OCR projects?
    as you put it, there maybe "paradigm" shift in psf, is there a "paradigm" shift in OCR sizes becoming ever smaller too?

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