2067 units sold in Jul 2012

[bargain hunter]

1943 PC + 124 EC = 2067 units sold

[bargain hunter]

Parc Centros 492
Parc Olympia 204
V on Shenton 144
River Isles 86
Bartley Residences 59
Sea Esta 59
Flo Residence 57
Archipelago 49
Haus @ Serangoon 43
Tampines Trilliant (EC) 37
Eight Riversuites 33
Palette 31
MKZ 30
Flamingo Valley 29
M66 28
My Manhattan 24
Luxurie 24
1 Canberra (EC) 21
Parc Vera 21
Eight Courtyards 20
Stellar RV 19
Watercolours (EC) 19
The Woods 18
Tropika East 18
Blossom Residences (EC) 17
Nautical 17
Ripple Bay 16
Hillsta 15
Miltonia Residences 15
Promenade @ Pelikat 14
The Line 13
Nottinghill Suites 12
Seahill 12
Foresque 11
Idyllic Suites 11
Natura @ Hillview 11
Seastrand 11
Waterline 11
Austville Residences (EC) 10
D'Leedon 10

[CCR]

ah B wrong again.... sigh...

[phantom_opera]

traditionally July/August will have highest sales ... August could be even better if there are new launches

[bakasa2002]

traditionally July/August will have highest sales ... August could be even better if there are new launches

All eyes be on ECO ... Indicative pricing seems reasonable .... 792 units to move ...

[bakasa2002]

1943 PC + 124 EC = 2067 units sold

bro, one interesting stat is that EC is really moving slowly compare to PC. Maybe the value ain't there anymore or perhaps there is no new launches lately?

Just received email from agent saying 3 ECs to be launched from Sept onwards at Punggol Central, Woodlands Ave 5, and Fernvale along Jalan Kayu.

[insigina]

Sky Habitat not even ranked? Even D'Leedon is doing better than them.

[bakasa2002]

Looks like Sky Habitat did not make the list, a quick check seen 5 units moved ... It probably saved D'Leedon.

[phantom_opera]

Looks like Sky Habitat did not make the list, a quick check seen 5 units moved ... It probably saved D'Leedon.

yeah ..ppl compare Bishan and Farrer Road, both 99LH, both near MRT, one got Bishan 8 shopping, both designed by snobbish architects, both lousy finishing, one is odd shape, one has huge balcony ... at the end buy other OCR projects like Flamingo, Archipelago at much lower psf etc lol

if both projects all 441sqft MMs, sold out already at 1500psf

[bakasa2002]

yeah ..ppl compare Bishan and Farrer Road, both 99LH, both near MRT, one got Bishan 8 shopping, both designed by snobbish architects, both lousy finishing, one is odd shape, one has huge balcony ... at the end buy other OCR projects like Flamingo, Archipelago at much lower psf etc lol

if both projects all 441sqft MMs, sold out already at 1500psf

Having seen Sky, Archi and FV, I have to say UOL and FCL finishing wins hands down .... Not seen D'Leedon but I guess Crapland std is there ... :P

[Vincegoh]

traditionally July/August will have highest sales ... August could be even better if there are new launches

august/sep might be affected by 7th lunar mth?

[Vincegoh]

bro, one interesting stat is that EC is really moving slowly compare to PC. Maybe the value ain't there anymore or perhaps there is no new launches lately?

Just received email from agent saying 3 ECs to be launched from Sept onwards at Punggol Central, Woodlands Ave 5, and Fernvale along Jalan Kayu.

these days ECs are not exactly priced 20-30% cheaper than PCs.. most near 800 psf range. quite similar to other lower priced PCs like Parc centros, olympia, vera etc.

[radha08]

ah B wrong again.... sigh...

[radha08]

these days ECs are not exactly priced 20-30% cheaper than PCs.. most near 800 psf range. quite similar to other lower priced PCs like Parc centros, olympia, vera etc.

ec NOT worth it in my opinion...tied by the BALLZZZZZ after u buy and price Not attractive...

[bargain hunter]

no new EC launches. BUT...

1 Canberra 410 out of 665 units unsold = 61.65% unsold,
Watercolours 198 out of 416 units unsold = 47.6% unsold,

so there is no lack of supply. i think your point about value better explains the slower sales.

bro, one interesting stat is that EC is really moving slowly compare to PC. Maybe the value ain't there anymore or perhaps there is no new launches lately?

Just received email from agent saying 3 ECs to be launched from Sept onwards at Punggol Central, Woodlands Ave 5, and Fernvale along Jalan Kayu.

[seletar]

25K new BTO flats + over 10K new PC + EC + LP (if I'm not mistaken) in 2011 = over 35K new housing supply in 2011.
25K new BTO flats + over 10K new PC + EC + LP) in 2012 = over 35K new housing supply in 2012.
20K new BTO flats + ??? new PC + EC + LP in 2013.

There's going to be an housing oversupply especially when Govt is reducing the number of foreigners living/working in Singapore.

[phantom_opera]

25K new BTO flats + over 10K new PC + EC + LP (if I'm not mistaken) in 2011 = over 35K new housing supply in 2011.
25K new BTO flats + over 10K new PC + EC + LP) in 2012 = over 35K new housing supply in 2012.
20K new BTO flats + ??? new PC + EC + LP in 2013.

There's going to be an housing oversupply especially when Govt is reducing the number of foreigners living/working in Singapore.

dun worry the past excessive intake of 350k SPRs and 100k SCs will help to absorb ... remember we have record 27k marriages too

and dun forget garmen also bring in lots of EP holders to help to boost HDB rentals

no problem till 2016 as most BTO will take 4y to complete, 5y MOP to be able to sublet the whole flat out

[phantom_opera]

EC is a cmi solution by the garmen especially after they increase the salary range to 10-12k

1. Nowadays EC location almost all ulu ulu far from city centre, not near MRT or amenities (in fact those DBSS under MBT was so much better)

2. When they increase to 12k limit, developers also up prices to target those 10-12k family income ... the price is all 7XXpsf, 8XXpsf ... but location not justified with 5y MOP lock-in ... then you look at Sept BTO, AMK near MRT BTO and last time McNair road BTO ... so much better ... these 10-12k young family all cursing already

3. If you have 10-12k family income and young and cocky, most likely high flyers, who want to stay at ulu ulu location? Might as buy Parc Olympia without MOP restriction

4. So end up most young and cocky family buy private MM near MRT

[bakasa2002]

no new EC launches. BUT...

1 Canberra 410 out of 665 units unsold = 61.65% unsold,
Watercolours 198 out of 416 units unsold = 47.6% unsold,

so there is no lack of supply. i think your point about value better explains the slower sales.

Hmm bro, I think you are right .... Having seen a bunch of active Waterview residents in the thread, I decided to compare the stats of WV vs Arc @ Tampines, its seems like the gap is really not making sense to get a EC in this case.

ARC AT TAMPINES TAMPINES AVENUE 8 Hoi Hup Sunway Tampines Pte Ltd Exec Condo OCR 574 574 519 55 0 5 774 570 843
WATERVIEW TAMPINES AVENUE 1 Sim Lian (Tampines One) Pte. Ltd Non-Landed OCR 696 696 645 51 0 4 883 768 937

[phantom_opera]

another reason 30k grant today is very different from 30k in 1990's ... the value is more like 15k only ... 15k in exchange of 5y MOP but at ulu location?? Fly kite lah

[carbuncle]

one word - Relativity.

that's the name of the game today... everything else looks cheap compared to the record breakers. should give the latter Olympic medals

[radha08]

another reason 30k grant today is very different from 30k in 1990's ... the value is more like 15k only ... 15k in exchange of 5y MOP but at ulu location?? Fly kite lah

but dont worry sure got a lot of sillyporeans sure buy ec...

[radha08]

one word - Relativity.

that's the name of the game today... everything else looks cheap compared to the record breakers. should give the latter Olympic medals

parc-OLYMPIA...

[Eastboy]

All eyes be on ECO ... Indicative pricing seems reasonable .... 792 units to move ...

indeed. if it's $1,100psf, GRAB.

[blackapple]

The problem now is the land sale below 300 psf only left 1. The rest bid are much higher.

[amk]

EC is a cmi solution by the garmen especially after they increase the salary range to 10-12k

It just looks like KBW is doing it trial and error style....

3. If you have 10-12k family income and young and cocky, most likely high flyers, who want to stay at ulu ulu location?

Exactly. I asked the young trader we have, who is just married, why no EC ? "alamak look at the location"

4. So end up most young and cocky family buy private MM near MRT

Err for this one, the trader above chose to buy a big expensive resale HDB in a very convenient place. And spent some real money doing it up. Asked why. "near parent to take care of the kid. Will buy condo when market is correcting". So a potential mkt support next time.

[phantom_opera]

It just looks like KBW is doing it trial and error style....



Exactly. I asked the young trader we have, who is just married, why no EC ? "alamak look at the location"


Err for this one, the trader above chose to buy a big expensive resale HDB in a very convenient place. And spent some real money doing it up. Asked why. "near parent to take care of the kid. Will buy condo when market is correcting". So a potential mkt support next time.

resale HDB does give you the choice of location near parents but with many MMs/SOHOs and 2br compact flooding OCR/RCR, soon such family will have more choices

[kane]

i am surprise d'leedon manage to sell 10 units.

[limfc]

with a substantial amount of cash on hand (say more than 250k), there is not many choices actually....

• 下策：leave as cash => "eaten up" by inflation and more QEs
• 缓策：invest in bonds / equities / balanced portfolio => capital preservation but no leverage and end of the day, no guarantee can beat inflation
• 上策：invest in another property, with lesser quantum, lesser leverage and conserve firepower for holding power and also can hoot another one if market really go south (for those with > 500k cash on hand)

as long as the banks and govts of the world are not falling asleep, my opinion is that nothing drastic (like great depression) will happen again...

so, the world economy may just chuck along... until it recovers again really slowly.... just my

[CCR]

25K new BTO flats + over 10K new PC + EC + LP (if I'm not mistaken) in 2011 = over 35K new housing supply in 2011.
25K new BTO flats + over 10K new PC + EC + LP) in 2012 = over 35K new housing supply in 2012.
20K new BTO flats + ??? new PC + EC + LP in 2013.

There's going to be an housing oversupply especially when Govt is reducing the number of foreigners living/working in Singapore.

We need to be smarter and separate what the gahmen is saying with what they are doing.... Look at at the marina bay master plan... Office buildings going to be build all the way mbfc to the near the international cruise terminal.. Go across Ecp ah....

Then there are the developments at jurong lake district, one north, paya lebar...if gahmen slam the door shut, who is going to populate these buildings?

So don't worry..... No closing of doors one lah.... Control intake.... So property market sure stable....

If you ask me, I think ultimately if gahmen plan properly, I can support we go for 10m.... Just make sure enough trains, taxis, shopping centres and recreational places. Hosiptal etc.... Still livable....