The winner is
EL Development Pte Ltd
$383,333,000
$5,679.61
527psf .... seems like pretty standard to bid 5XXpsf for plot next to MRT nowadays
The winner is
EL Development Pte Ltd
$383,333,000
$5,679.61
527psf .... seems like pretty standard to bid 5XXpsf for plot next to MRT nowadays
Ride at your own risk !!!
Rosewood Drive/Woodgrove developer ?Originally Posted by phantom_opera
Is it gonna cost more than Luxurie?
MM will come to SengkangOriginally Posted by bakasa2002
Ride at your own risk !!!
EL Development's bid is some 10.2 per cent and 12.7 per cent above the second and third highest bids.Originally Posted by phantom_opera
May cost slightly more... but won't be that much more.Originally Posted by bakasa2002
I doubt it gonna cost more than Luxurie - KEPPEL LAND !Originally Posted by bakasa2002
Originally Posted by phantom_opera
Probably one day MM will go to Pulau Ubin
Yes. This developer started with doing alot of HDB flats.Originally Posted by Shoeboxsupporter
Not near mrt is 100psf less. quite ok rite to bid at 5xxpsf rite?Originally Posted by phantom_opera
ST saying it ONLY attracted 5 bids for such a plum site, so maybe demand is going down? Analyst say until v nice, cos' recently there has been quite a few development ard that area. Lolx!
Quite telling when Keppel not even bothering to defend its "turf"
why Sengkangian people not having animal spirit like Punggolian??
One is "gian", one is "lian" ?
Ride at your own risk !!!
no need to defend if the bidders are paying such a high land cost right?Originally Posted by 2824
anyway, if you notice, they hardly ever bid/put all their eggs in one estate/basket.
same for all other developers with the exception of FEO.
I think the sales record for Luxurie is not that impressive as they had expected. Considering they have been marketing it for while, it is less than 50% sold despite it's plum location, I guess they must have done their sums.Originally Posted by 2824
Yeah they probably write off the location and don't want to waste further resource, considering had they submitted and won, there would be some economies of scale (eg show flat and maybe even construction )Originally Posted by bakasa2002