They did raise a few eyebrows when they launched luxurie at over $1,000psf.Originally Posted by Laguna
They did raise a few eyebrows when they launched luxurie at over $1,000psf.Originally Posted by Laguna
and i am grateful to FEO and Keppeland for pushing up prices in that vicinity
I think, it is not only this area, it is to the overall market especially it is from a giant, a GLC.Originally Posted by eng81157
I know the enbloc price of at least one property has also been adjusted up due to this as well.
which development? can share? don't tell me it's tampines court againOriginally Posted by Laguna
I cannot share which one as I have vested interest. It is not Tampines Court.Originally Posted by eng81157
Yeah... Me too; the higher the better
Originally Posted by eng81157
Wedgewood Mansions?Originally Posted by Laguna
12 unit FH development in Lor L?
No.Originally Posted by Khng8
TK now is not so easy to go enbloc with the latest ruling of min szie of 100sq m there.
virtually there is not many units selling below $1mil. Price similar to sky habitat
15-31 $2.33mil 1356sqft....
bravo Eco
is this unit sold alr? $2.33m is before discountOriginally Posted by Lovelle
The other one 15-30 is also about the same price.
These two units have double volume and void is counted as built in, and after taking into account staircase, the net usable should be around 1150.
still avail ,found it in FEO website.Originally Posted by Laguna
how much is it after discount ?
not so sure, I think, can still bargain up to 12%Originally Posted by Lovelle
i live next to eco..a few days ago i walked by on way back from mrt...showroom and carpark was CROWDED....it always amazes me people are still relentless in buying...
What are you waiting for?Originally Posted by radha08
Hi Laguna you seem to know Eco quite well. At this point what's your opinion, still can buy?
Originally Posted by Laguna
Ya, you eyeing any patio unit? Having said that I think prices are close to FV?Originally Posted by radha08
I did not track that closely of what is going on after I bought the unit there.Originally Posted by Kiasi
Still can buy or not is hard to say. as it depends on the pricing/discount and unit and how you see the property market in the near future.
The next factor is how much Fragance and Keppel going to price that two plots of land.
Fragance : price would be comparable or slightly lower (for track facing units) than eCO, but quality will be short of eCO and definitely landscape will be far off from eCO. It anyway, will be better than 3* budget hotels.
Keppel : traditionally, KepLand and Capland will invest in famous architectural design which may not be well liked. I am sure the price will be at least at par (tracking facing units) if not higher than eCO. Quality could be comparable but landscape will still be short of eCO.
Both Frangance and KepLand have the holding power. ie, they will sell high than low and there is no reason for them to sell low by assessing the tender results.
I failed to understand why KepLand was so aggressive that must eat that piece of land.
personally i think it's an ego thingy for developers... like try to block FE to get all plots nearby or repeat of waterfront series
Originally Posted by Laguna
Thanks for the insight Laguna. Clearly Eco will be a better buy than the rest of the new developments around Tanah Merah. I like the fact that it's walking distance to the mtr and not 'beside' the mtr. Just a stop away from Bedok but not clustered within it crowd.
Agree that Fragrance's development won't match Eco's and yes there's a chance I won't take to KepLand's design (and price!). And Optima just does not appeal to me (l detest BW with a passion). Sigh thinking...thinking...thinking. I wanted the condos but sold out. And now prices are only getting higher. I like the area which is good for own stay and can also be for investment. Sigh MTB on this one.
Originally Posted by Laguna
I was in the Q for returned units in condo, particularly stack 3, 4 and 5. And there was one returned unit in other stack and gone within 20 minutes.Originally Posted by Kiasi
The lesson to learn is, if you want to buy, preparation work must be well done in advance, identify the unit you want, the max price u would pay, and try to squeeze into the front of the Q.
For FEO, they always keep the best till the last. But for eCO, they launched the best first (ie stack 3, 4 and 5) and at the best discount. I was being very fortunate.
What is the proposed "future development" site expected to be (directly in front of the MRT station), which are sandwiched between Keppel's site (Parcel A), and reserve site next to Eco (Parcel B).
Will this be a commercial/residential development? Maybe Keppel see some potential upside if their site is next to a commercial development.
I think it's zoned for commercial. Maybe a mall as big as Bedok point?Originally Posted by Tripp
Btw, with TM getting so hot these days, do you think the reserve site next to eCO will be triggered after Fragrance and Keppel bidded so highly for the other 2 confirmed plots?
Agreed. Timing is very important. The early birds get the worm. I like stack 3,4,5 too. It's with the townhouses (more exclusive). I'm equally surprised they released the best at lowest prices first. Some say feng shui problem but I've been a ardent Feng shui follower for decades and the pool is not a major problem just don't buy the unit directly inder it if afraid of maintenance issues. J
I actually wouldn't mind any of the other condo stacks as well (at 1350 psf even). Unfortunately even that is no longer available. I am not working in the country, been overseas many years and was only there for a few weeks on business. Went around shopping for RE again and found Eco very inviting. It wasn't really love at first sight but it's the type of development that grows on you (went back to show office a few times). I also like the fact that it's a mixed development. Contacted my agent again to keep watch on the Eco (pray for tiny chance for returns) and the other developments nearby.
Originally Posted by Laguna
Besides eCO, FEO got other mixed developments as well, eg. SeaHill, HillSta, Woodhaven, EuHabitat, Seawind etc.
If you like new launches, FEO will be launching their latest development at Tampines Ave 10, most likely in Q1 2013. Site is currently being boarded up for site clearance and building of showflat.
If one buys near T.O.P for eco , will the prices escalate upwards to $2000psf? or will it fall to $1200 psf?
I wish I had a crystal ball too ...Originally Posted by westin
Thanks for the recommendations , Tripp. I looked at some RCR and OCR when I was back in Singapore. Price wise, the nice RCR developments are out of my budget (not interested in mm). And for OCR I still prefer east coast and my main requirement is walking distance to mtr. And yes my recent scouting I prefer new launches, either going to launch or not launched more than a month (looking at the buying frenzy) to get unit of choice and best discount. The developer not necessarily FEO (infact FEO famous for setting record pricings). Thanks for the info though.
Originally Posted by Tripp
Maybe you wanna check out Wing Tai's 105/107 Tampines Road development in the North-East scheduled to launch in Q1 2013 as well.
Yes, FEO famous for record prices. Watertown, Hillier comes to mind.
Otherwise, for TM area, you just have to wait for VVIP launch for the Fragrance's Urban Vista plot and Keppel's plot.
Kiasi.... you from HK?Originally Posted by Kiasi