Gardenvista (D21, 99 years leasehold, Far East Organization)

[Unregistered]

for 99 year D21? OMG

You are talking about FE here
Go check out Lakeshore, the ultra density project right in middle of HDB heartland of Jurong and yet they just raised the price to 750-900 psf.
The funny thing is in subsale market, they are only asking 550-650 psf. Isn't it strange?

[Unregistered]

yes, way too expensive! better to go with the sterling or maplewoods.

All these are also asking over $1K psf now

[Unregistered]

You are talking about FE here
Go check out Lakeshore, the ultra density project right in middle of HDB heartland of Jurong and yet they just raised the price to 750-900 psf.
The funny thing is in subsale market, they are only asking 550-650 psf. Isn't it strange?

It means flippers are having trouble finding buyers even at 600psf.
Unlike developers, flippers can't afford to holding on too long and they must price to their goods at level where there will be takers.

[St.]

You are talking about FE here
Go check out Lakeshore, the ultra density project right in middle of HDB heartland of Jurong and yet they just raised the price to 750-900 psf.
The funny thing is in subsale market, they are only asking 550-650 psf. Isn't it strange?

Pop in their showflat at #07-24 with a friend. guess what? the FEO sales guy told me it is selling at 1300 psf for the left 3+S and 4BR units. The showflat is of 1173 sf, very small (from any viewpoint for a 3+S unit) & with low quality interior, costs some 1.5m !! It was 680 psf about half year ago. It is 99 LH. I guess they did not mean to sell, probably attacting public attention so preparing for their FH GV2 -- the guy told me its soft launch will be soon, within a month...

[Madeira]

Based on URA latest transaction caveats, I think average price are about $800 psf. FEO like to raise prices to scare buyers.

[Unregistered]

FEO is MAD!!!

[Unregistered]

FEO is MAD!!!

Indeed they are, last month, driving past Hillview Regency, the banner reads Choice unit for Sale from $589psf. On Saturday, drove past again and it now reads Choice unit for Sale $700psf.

[St.]

I read that Jardin (=GV2) is expected to launch soon at 1400 psf. So FEO is just preparing the public & lets Jardin's sky-high price 'look' not unreasonable therefore is 'expected'. It's high time for us potential buyers to say NO and to stop the madness.

[bentan]

Will anyone of you consider Dairy Farm if it is priced at 590psf? Heard abt the proposed mrt line coming up but what is the true potential of this old property?

[Unregistered]

GV at 1300psf is cheap lar. Cheaper than similar projects in HK, London and many other world-class cities. GV should sell at 2000psf and foreigners will still buy - only 600plus pounds only. At 1300psf better buy now or prices will rise again. Many enbloc buyers you know. Enbloc windfall. What is 1300 psf to millions of fresh funds. Better grab at 1300psf, or tomorrow it will be 1400 or 1500 psf or 2000psf or 2500psf. After all it was 650psf before, now double already. Market so hot, like choo-choo train passing GV. Like the good old days of 1996. Wonder if 2008 will be "1997"?