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Thread: Soleil

  1. #31
    Unregistered Guest

    Default Re: Soleil

    Quote Originally Posted by Reuters

    Wall Street Jumps as Goldman Sachs and Lehman Brothers Beat Forecasts
    Caroline Valetkevitch
    Reuters
    New York, New York, U.S.
    10:25am U.S. ET


    Traders work on the floor of the New York Stock Exchange March 17, 2008. - Photo: Brendan McDermid, Reuters

    Stocks jumped on Tuesday as stronger-than-expected earnings from Goldman Sachs Group Inc's and Lehman Brothers Holdings Inc provided some reassurance about the ailing financial sector.

    All three major indexes were up close to 2%.

    Investors also looked forward to what is expected to be a steep interest rate cut from the Federal Reserve's policy-setting committee around 2:15 pm U.S. Eastern Time on Tuesday.

    Goldman and Lehman shares jumped in early trading, leading a rebound in financial stocks, which tumbled on Monday after JPMorgan Chase & Co's deal to buy struggling brokerage Bear Stearns at a rock-bottom price. A broker dealer index surged 5.9%.

    "Today's a day for good news, with Goldman and Lehman results beating estimates. Right now the focus is that these earnings weren't as bad as they could have been," said Giri Cherukuri, head trader at OakBrook Investments LLC in Lisle, Illinois.

    The Dow Jones industrial average rose 231.78 points, or 1.94%, to 12,204.03. The Standard & Poor's 500 Index gained 28.18 points, or 2.21%, to 1,304.78. The Nasdaq Composite Index jumped 44.25 points, or 2.03%, to 2,221.26.

    Shares of Fannie Mae and Freddie Mac rose on expectations their regulator will ease restrictions on the government-chartered companies and help them increase spending in the U.S. housing market. Fannie was up 11.8% at $24.86, while Freddie Mac was up 12.3% at $23.15.

    Shares of Goldman were up 8.5% at $163.70 while Lehman was up 17% at $37.12 after reporting results that beat Wall Street estimates.

    On the Nasdaq, Yahoo Inc shares rose 4.7% to $27.07 after the Internet search company affirmed its outlook for the first quarter and full year.

    Interest rate futures show investors are fully pricing in a one percentage-point cut in U.S. short-term rates, which would take the benchmark fed funds target rate down to 2%.

    Over the weekend, the Fed made an emergency quarter-point cut to its discount rate to 3.25% and expanded lending to a wider range of big financial firms, in the first such move since the Great Depression of nearly 80 years ago.

    Data before the opening on U.S. housing starts was stronger than expected, adding further support to the market.
    Goldman, Lehman and whatman!

  2. #32
    Unregistered Guest

    Default Re: Soleil

    Quote Originally Posted by AP

    Morgan Stanley 1Q profit tops estimates
    Joe Bel Bruno
    Business Writer
    Associated Press
    Wednesday, 19 March 2008, 4:43 PM U.S. ET


    The Morgan Stanley headquarters is seen in New York 30 January 2008. - Photo: Shannon Stapleton, Reuters

    Morgan Stanley posted better-than-expected quarterly earnings on Wednesday, joining those from two of its rivals and indicating that Wall Street may be getting a better grip on the credit crisis.

    The nation's second-largest investment bank was able to parlay aggressive stock and bond trading into offsetting more losses linked to subprime mortgages. Morgan Stanley — like Lehman Brothers and Goldman Sachs on Tuesday — was also able to top Wall Street's reduced expectations by a wide margin.

    Morgan Stanley's results came during a tumultuous week. Just a few days earlier, rival Bear Stearns Cos. sold itself at a fire-sale $2 per share price to JPMorgan Chase & Co. in order to avoid declaring bankruptcy. That sent a shockwave through Wall Street as investors wondered if other investment banks might be in the same predicament.

    But the strong results from Morgan Stanley, Goldman and Lehman helped assuage fears of a wider meltdown in the financial system — at least for now.

    "Fact is, like it or not, this is an inherently risky business where the returns will shift to those willing to take the most leverage," said Jack Ablin, chief investment officer of Harris Private Bank. "Expectations had us in a tailspin."

    The earnings results not only helped shares of the investment banks recover from the lows they hit Monday in the aftermath of Bear's sale, but also backed claims by the companies' chief executives that they could take advantage of the market's dislocation.

    John Mack, Morgan Stanley's CEO, said the investment house known for its trading prowess "effectively capitalized on market opportunities and aggressively managed our positions." The company had about $2.3 billion worth of write-downs linked to the credit and housing market crisis, but one of its best trading performances in history.

    Morgan Stanley wrote down about $9.4 billion during last year's second half. Global banks and brokerages have so far claimed about $200 billion worth of write-downs since last year.

    "While many of our businesses are facing challenging market conditions that we expect to continue in the months ahead, we are satisfied with how Morgan Stanley navigated the ongoing market turbulence," Mack said in a statement.

    The company said it earned $1.53 billion after preferred dividends, or $1.45 per share, down 42% from $2.66 billion, or $2.17 per share, a year earlier. Revenue fell 17% to $8.3 billion from $10 billion a year earlier.

    But the lower results easily topped analysts' expectations for a profit of $1.03 per share on $7.19 billion of revenue, according to Thomson Financial.

    Its shares closed up 59 cents at $43.45, following a 17% gain in Tuesday's market rally.

    Morgan Stanley's institutional securities business — which includes investment banking and trading — posted $6.2 billion of revenue. The results marked the division's third-best quarter ever.

    Meanwhile, volatility in the bond market pushed fixed-income sales and trading revenue to their second-best showing with $2.9 billion of revenue.

    Though offset by mortgage write-downs, Morgan Stanley relied on robust commodities and currency markets to drive results.

    "We believe (Goldman and Morgan Stanley) have shown their ability to trade challenging markets this quarter," said Roger Freeman, an analyst with Lehman Brothers. "There is hope that the Federal Reserve's aggressiveness will begin to unclog the fixed-income markets. ... This could push the group still higher over the next few sessions."

    Goldman Sachs, Lehman and Morgan Stanley said they began to test a new program this week that allows them to borrow directly from the central bank to help improve the financial market's liquidity. On Sunday the Fed gave investment banks permission to borrow from its discount window, which had previously been restricted to commercial banks.

    The Fed also cut the rate at which financial institutions borrow at its "discount window" to 2.5 percent from 3.5 percent in two separate actions this week.

    Though all seemed to be positive steps for Wall Street, that doesn't mean the concerns about the rest of the year have been alleviated.

    The fiscal first-quarter for the three banks ended Feb. 29, before most of the market turbulence that rocked Bear Stearns last week. Investors are also still waiting for Merrill Lynch & Co. to finish its first quarter at the end of the month.

    And then there's the biggest worry on investors' minds.

    "We remain concerned with the deteriorating economy and its impact on the results at these firms, despite (the Fed's) aid with near-term funding," said Standard & Poor's equity analyst Matthew Albrecht.
    Modern and steady!

  3. #33
    Unregistered Guest

    Default Re: Soleil

    Quote Originally Posted by Unregistered
    Went to the show house and a lot of returned units!!!
    People forgoing their options? I wonder whether that will ever be published in the news?

  4. #34
    Unregistered Guest

    Default Re: Soleil

    Quote Originally Posted by Unregistered
    People forgoing their options? I wonder whether that will ever be published in the news?
    That happened in Q4 07. It was published in the news. Perhaps you missed the news.

    Since Nov 07 till now, there are no more additional returned units.

  5. #35
    Unregistered Guest

    Question Re: Soleil

    If Iam correct, the 1st payment is 1% right? then second payment is 4%.

    Can someone returned the unit after they paid 5%?
    By the time they paid the 4%, i believe it is already in the caveat lodged.

    I believe those that paid 1% still can return the unit but if 4 % have been paid. units cannot be returned is it???.

  6. #36
    Unregistered Guest

    Default Re: Soleil

    Quote Originally Posted by Unregistered
    If Iam correct, the 1st payment is 1% right? then second payment is 4%.

    Can someone returned the unit after they paid 5%?
    By the time they paid the 4%, i believe it is already in the caveat lodged.

    I believe those that paid 1% still can return the unit but if 4 % have been paid. units cannot be returned is it???.
    Primary sale (direct from developer)?
    - 5%
    - 15% (return unit if don't pay 15%, 75% of 5% will be refunded)
    - the remaining progressive or deferred

    Don't play this return-unit game. Nobody has been doing it since Nov 07.

  7. #37
    Unregistered Guest

    Default Re: Soleil

    Quote Originally Posted by Unregistered
    Primary sale (direct from developer)?
    - 5%
    - 15% (return unit if don't pay 15%, 75% of 5% will be refunded)
    - the remaining progressive or deferred

    Don't play this return-unit game. Nobody has been doing it since Nov 07.
    If they bought from the developer they still can return the unit. What happen if they buy in the secondary market??

  8. #38
    Unregistered Guest

    Default Re: Soleil

    Quote Originally Posted by Unregistered
    If they bought from the developer they still can return the unit. What happen if they buy in the secondary market??
    Secondary sale / Subsale?
    - 1%
    - 4% (return unit if don't pay 4%)
    - the remaining by completion date

  9. #39
    Unregistered Guest

    Default Re: Soleil

    Where are all the @SS's?

  10. #40
    Unregistered Guest

    Default Re: Soleil

    Quote Originally Posted by Unregistered
    Where are all the @SS's?
    You may be a dirt in the society.
    Hsien Yang's in-laws are not @SS.

  11. #41
    CSR Police Guest

    Default Re: Soleil

    Quote Originally Posted by Unregistered
    Where are all the @SS's?

  12. #42
    Unregistered Guest

    Default Re: Soleil

    Quote Originally Posted by Unregistered
    You may be a dirt in the society.
    Hsien Yang's in-laws are not @SS's.
    Agree.
    Please strictly discuss property matters and refrain from cracking jokes on PM's relatives.
    They are respectable people who knows the market price movement.
    Quote Originally Posted by CNA
    [IMG]
    http://www.channelnewsasia.com/images/CNAlogo.gif[/IMG]
    HDB and private property prices up in Q1 flash estimates
    Channel NewsAsia
    Tuesday, 1 April 2008, 1345 hrs



    Private residential property prices in Singapore rose 4.2% in the first quarter this year, according to the latest preliminary estimates from the Urban Redevelopment Authority.

    The pace was slower than the 6.8% clip recorded in the fourth quarter of last year.

    On a quarter on quarter basis, the biggest rise in property prices for non-landed properties came from the central districts just outside the prime postal districts of 9, 10 and 11.

    Prices in these central areas (i.e. RCR) increased 7.7% in January to March, compared with the October to December period.

    Properties in the prime districts of 9, 10 and 11, as well as the downtown area and Sentosa (i.e. CCR), rose 7.5% on quarter.

    And those in the rest of Singapore (i.e. OCR) advanced about 7% in the first quarter from the previous three months.

    The preliminary estimates are based on transaction prices given in caveats lodged during the first 10 weeks of the quarter, as well as the number of new units sold.

    Meantime, the Housing and Development Board says prices of HDB resale flats rose 3.4% in the January to March period over the previous three months.

    This is lower than the 5.7% increase in the fourth quarter.

    Both the URA and HDB will release final figures at the end of April.

    The URA said in its release, that as at 4th Quarter 2007,there are about 64,900 private residential units in the pipeline, of which about 56,100 new private housing units are expected to be completed between 2008 and 2011.

    There are also some 38,300 units that have yet to be put on sale by developers.

    As for the supply of government flats, the HDB said it had made available in the first quarter of this year, some 1,100 new flats in two Build-To-Order (BTO) projects in Punggol and Yishun.

    It said that depending on demand, there could be another 5,000 new BTO flats in towns such as Punggol, Sengkang, Woodlands and Bukit Panjang.

    The total planned BTO supply of 6,100 new flats for January till September 2008 will surpass the annual BTO flat supply in 2007 and 2006.

    This new supply of flats will be in addition to those offered under Balloting Exercises for surplus replacement SERS and other flats, as well as the planned release of three Design-and-Build sites in Simei, Toa Payoh and Bedok with some 1,500 flats in the 1st half of 2008.

  13. #43
    Unregistered Guest

    Default Re: Soleil

    NO SIGN OF THE SPECULATORS.....THEY ARE FINISHED!!! MAD RUSH AT THE EXITS....OTHERS PLEASE AVOID THE EXITS....SPECULATORS FLEEING...WATCH OUT FOR YOUR OWN SAFETY.

  14. #44
    Unregistered Guest

    Default Re: Soleil

    Quote Originally Posted by Unregistered
    NO SIGN OF THE SPECULATORS.....THEY ARE FINISHED!!! MAD RUSH AT THE EXITS....OTHERS PLEASE AVOID THE EXITS....SPECULATORS FLEEING...WATCH OUT FOR YOUR OWN SAFETY.
    Went to soleil so many return units. Option fee and stamp fee gone. Pissed for sure

  15. #45
    Unregistered Guest

    Default Re: Soleil

    SG subprime is here!

  16. #46
    Unregistered Guest

    Default Re: Soleil

    Quote Originally Posted by mr funny
    Published April 9, 2008

    Private bankers upbeat despite credit crunch

    By GENEVIEVE CUA


    (SINGAPORE) The world may be mired in a credit crunch, economic slowdown and rocky stock markets. But bankers catering to the well-heeled in Asia expect growth almost akin to that of last year, as they hunker down to squeeze yet more productivity out of their relationship managers.

    Credit Suisse managing director and head of private banking Marcel Kreis, for instance, says revenues and assets under management have been growing by 20-30 per cent annually. 'Our Asia Pacific private banking operations have been enjoying very strong momentum and this is expected to continue in the next two years, with the objective of doubling the Asian business.'

    Merrill Lynch head of global wealth management (Asia Pacific) Rahul Malhotra says the bank saw growth of 30-40 per cent in assets last year. 'I would be surprised if we didn't see those numbers this year . . . There is growth overall in Asian economies. Even with what is happening in the US, inherently we will see growth come through.'

    Private banks' relatively low penetration of Asian markets presents opportunities, says Tjun Tang, Boston Consulting Group director. BCG is currently compiling data for its annual wealth survey. 'We're seeing assets sitting in private banks of less than US$1 trillion. But household wealth across Asia comes to US$16 trillion . . . Many banks are growing 20-30 per cent a year. If the underlying wealth is growing at an 8 per cent rate, there must be an increasing penetration of services.'

    Market volatility, however, could impact banks' revenue streams as a substantial proportion comprises income that is transactional in nature. 'In Asia, a lot of revenues are generated through private banks selling transactional products. Now that there is less of a single directional trend, one risk is that private banking income may decline or be less stable,' says Mr Tang.

    Still, he expects margins in Asia to remain healthy. 'We're still fairly bullish on Asia despite compensation levels having gone up a lot. Pre-tax margins are still in good territory.'

    On the hiring front, the appetite for junior bankers appears to have abated, but almost all the banks say they are on the lookout for mature bankers with a book of business.

    Nick Hughes of Fox Partnership, which specialises in placing top-level hires in wealth management, says: 'A bank may suffer sub-prime woes. But if there is a strong banker talent, he or she is an asset, regardless of the current situation.' Banks, he adds, will demand more accountability.

    The firm continues to work on a number of 'interesting' projects, which includes placing Asian bankers in posts in Switzerland, for instance, to serve Asia from Europe, as well as the reverse - the hiring of European bankers for Asia.

    On investments, bank strategists continue to see opportunities in emerging markets, particularly the Middle East and Latin America, and selected Asian markets. JP Morgan Private Bank chief investment strategist Ivan Leung believes regional stock markets are 'excellent long- term investments'. He singles out Thailand and Taiwan, which have underperformed Asia ex-Japan for four years, but are at the start of a domestic turnaround. Singapore and Korea are cheap, he adds, 'but will likely require some patience'.

    On a 12-month view, Deutsche Bank Private Wealth Management forecasts a return of 10-16 per cent for US equities; 8-13 per cent for Euroland; and a higher 10-17 per cent for Latin America and Asian equities due to higher growth and earnings.
    Stop wasting your time on the forum or this thread. The forum will not make you rich.
    Have a break. Let me buy you a cup of coffee.

    - Your private banker

  17. #47
    Unregistered Guest

    Default Re: Soleil

    Quote Originally Posted by Unregistered
    Stop wasting your time on the forum or this thread. The forum will not make you rich.
    Have a break. Let me buy you a cup of coffee.

    - Your private banker
    PISSED MORONS ARE BLANK. HAVE RUN OUT OF IDEAS. RUSHING BACK TO RETURN UNITS AND FORFEIT THE INITIAL SIGNING AMOUNT AND STAMP FEES.

  18. #48
    Unregistered Guest

    Default Re: Soleil

    Quote Originally Posted by Unregistered
    NO SIGN OF THE SPECULATORS.....THEY ARE FINISHED!!! MAD RUSH AT THE EXITS....OTHERS PLEASE AVOID THE EXITS....SPECULATORS FLEEING...WATCH OUT FOR YOUR OWN SAFETY.
    Looking back I regret having ridiculed you and not having followed your advice to get out of the market back in October. I am trying to get whatever is left since I trust that you are good at predicting about the market. Back in August you said it was falling and I didn't trust you then. See what bad state I am in today. Please send me contact detail so I can take some advice. Once again thank you so much.

  19. #49
    Unregistered Guest

    Default Re: Soleil

    Quote Originally Posted by Unregistered
    PISSED MORONS ARE BLANK. HAVE RUN OUT OF IDEAS. RUSHING BACK TO RETURN UNITS AND FORFEIT THE INITIAL SIGNING AMOUNT AND STAMP FEES.
    This is a serious misrepresentation!

    There is no returned units since Nov 07.

    Stop misleading others!

  20. #50
    Unregistered Guest

    Default Re: Soleil

    Quote Originally Posted by Unregistered
    Looking back I regret having ridiculed you and not having followed your advice to get out of the market back in October. I am trying to get whatever is left since I trust that you are good at predicting about the market. Back in August you said it was falling and I didn't trust you then. See what bad state I am in today. Please send me contact detail so I can take some advice. Once again thank you so much.
    Don't reply your own message.

  21. #51
    Unregistered Guest

    Default Re: Soleil

    Quote Originally Posted by Unregistered
    This is a serious misrepresentation!

    There is no returned units since Nov 07.

    Stop misleading others!
    Of course no more returned unit since Nov07 lah.
    Cos' the economy is doing extremely well in Q1'08 mah.

    Quote Originally Posted by AFP

    Singapore's GDP Rebounds By 16.9% In Q1
    MAS moves to curb inflation as growth rebounds

    Agence France-Presse
    Singapore
    Thursday, 10 April 2008

    Singapore's central bank unexpectedly further tightened monetary policy on Thursday, pushing the Singapore dollar to a record high against the U.S. dollar, in a move aimed at keeping a lid on soaring prices.

    Singapore's economy grew at an annualised, seasonally adjusted rate of 16.9% in the first quarter, beating economists' expectations, government data showed on Thursday, after a surprise 4.8% contraction in the fourth quarter of 2007.

    The data beat a median forecast from economists polled by Reuters for growth of 11.5% because of a recovery in pharmaceutical and electronics manufacturing.

    "The GDP figures were stronger than what the market had predicted and that gave the Monetary Authority confidence to tighten the policy," said Joseph Tan, an economist at Fortis.

    "Strength of GDP quarter-on-quarter came from domestic sources. Where we go from here is a step in time approach but the one-up shift of the band, as opposed to the steepening of the Singapore dollar, shows that MAS recognises inflation is an imminent danger."

    The Monetary Authority of Singapore conducts policy through the exchange rate, steering the Singapore dollar within a secret trade-weighted band against a basket of currencies, rather than by adjusting interest rates.

    Growth Support

    "Against backdrop of continuing external and domestic cost pressures, an upward shift of the policy band at this point will help to moderate inflation going forward, while providing support for sustainable growth in the economy," the central bank said in a twice-yearly monetary policy statement.

    "MAS will therefore re-centre the exchange rate policy band at the prevailing level of the S$NEER. There will be no change to the slope or width of the policy band."

    The Singapore dollar hit a record high, up 0.9% on the news to 1.3683 per U.S. dollar. The currency has gained around 5% this year.

    Ten out of the 12 economists polled by Reuters had expected the MAS to refrain from tightening monetary policy due to concerns about slower economic growth.

    The other two had expected the MAS to tighten policy to fight inflation, which stood at 6.5% in February. In January it hit 6.6%, the highest since March 1982.

    The MAS said it expected inflation in the upper half of its 4.5% to 5.5% forecast range this year.

    Singapore is one of the first Asian countries to report GDP data each quarter. The health of its exports is seen by analysts as a barometer of demand for Asian goods.

    Despite concern about slower global growth, most central banks in Asia have refrained from easing monetary policy due to high inflation.

    Some analysts said a stronger Singapore dollar would further cut demand for the island's exports by making them more expensive at a time when demand in the key U.S. market is weakening.

    They also said a stronger Singapore dollar may not be as effective as before in reining in inflation because domestic factors such as a tight labour market, high wages and elevated property prices were factors as well.

    The MAS tightened policy slightly at its last meeting in October as asset prices spiralled higher.

    Singapore's economic growth is largely fuelled by manufacturing of products such as electronics, pharmaceuticals and oil rigs. However, the economy also relies increasingly on tourism, financial services and construction.

  22. #52
    Unregistered Guest

    Default Re: Soleil

    Quote Originally Posted by Unregistered
    Of course no more returned unit since Nov07 lah.
    Cos' the economy is doing extremely well in Q1'08 mah.
    wooooohahaha maddog/tigersee woke up seeing some number. unfortunately going down down down property.

  23. #53
    Unregistered Guest

    Default Re: Soleil

    Quote Originally Posted by Unregistered
    wooooohahaha maddog/tigersee woke up seeing some number. unfortunately going down down down property.
    wooooohahaha poor maddog/tigersee, the foreigner, can't afford to buy condo but keep barking here.

  24. #54
    Unregistered Guest

    Default Re: Soleil

    Quote Originally Posted by Unregistered
    wooooohahaha poor maddog/tigersee, the foreigner, can't afford to buy condo but keep barking here.
    Ignore that maddog. He don't even know that prices are moving.

    Quote Originally Posted by CNA

    HDB And Private Property Prices Up In Q1 Flash Estimate
    Channel NewsAsia
    Tuesday, 1 April 2008, 1345 hrs

    Private residential property prices in Singapore rose 4.2% in the first quarter this year, according to the latest preliminary estimates from the Urban Redevelopment Authority.

    The pace was slower than the 6.8% clip recorded in the fourth quarter of last year.

    On a quarter-on-quarter basis, the biggest rise in property prices for non-landed properties came from outside central region - up 4.8% in the January-March quarter compared with the October-December period.

    Properties in the prime districts of 9, 10 and 11, as well as the downtown area and Sentosa, rose 4.4% on quarter.

    Prices in the rest of the central region increased 3.9% in the first quarter from the previous three months.

    The preliminary estimates were based on transaction prices given in caveats lodged during the first 10 weeks of the quarter, as well as the number of new units sold.

    Meantime, the Housing and Development Board (HDB) said prices of HDB resale flats rose 3.4% in the January to March period over the previous three months. This was lower than the 5.7% increase in the fourth quarter.

    Both the URA and HDB will release final figures at the end of April.

    The URA said that as at 4th Quarter 2007, there are about 64,900 private residential units in the pipeline, of which about 56,100 new private housing units are expected to be completed between 2008 and 2011.

    There are also some 38,300 units that have yet to be put on sale by developers.

    As for the supply of government flats, the HDB said it had made available in the first quarter of this year some 1,100 new flats in two Build-To-Order (BTO) projects in Punggol and Yishun.

    It said that depending on demand, there could be another 5,000 new BTO flats in towns such as Punggol, Sengkang, Woodlands and Bukit Panjang.

    The total planned BTO supply of 6,100 new flats for January till September 2008 will surpass the annual BTO flat supply in 2007 and 2006.

    This new supply of flats will be in addition to those offered under Balloting Exercises for surplus replacement SERS and other flats, as well as the planned release of three Design-and-Build sites in Simei, Toa Payoh and Bedok with some 1,500 flats in the first half of 2008.

  25. #55
    Join Date
    Apr 2008
    Posts
    91

    Default Re: Soleil @ Sinaran

    Private Residential Units Sold in the Month of March 2008

    Project Name .. Locality . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Soleil @ Sinaran . CCR ....... 1 ............................... 1,521 ............. 1,521 ............ 1,521

  26. #56
    Business Times Guest

    Default New Master Plan Expected To See Selective Changes


    New Master Plan expected to see selective changes
    Key sectors seen benefiting include hotels, aerospace, healthcare, transport

    Kalpana Rashiwala
    The Business Times
    Tuesday, 6 May 2008

    Urban Redevelopment Authority's Master Plan 2008 - which will be exhibited soon - will see changes in land use and increases in plot ratios, but these will be selective and focused on growth areas, rather than a widespread upgrade in densities, DBS Vickers Securities said in a report dated yesterday.

    The strategic initiatives from the Master Plan will filter down to improved growth fundamentals for various economic sectors. While the property sector will be a key and obvious beneficiary, also standing to benefit from the strategic outline are the hotels, aerospace, healthcare, transport and construction sectors, the report said.

    More land will be provided for development of the aerospace industry and the establishment of a designated hub near Seletar Airport will continue to provide strong fundamentals for the sector's continued growth. For the healthcare sector, DBS Vickers sees a medical hub developing around the Novena area and 'we could see rezoning of land parcels in this area to facilitate the development of this medical hub'.

    It also suggests plot ratio increases in some mature HDB estates, as part of the rejuvenation plan. With Jurong and Paya Lebar earmarked as new business hubs outside the CBD, 'we are likely to see a concentration of Government Land Sale projects in these two areas in the medium term'.

    Noting that the authorities have revealed plans for new residential enclaves such as the area around Marina South Gardens and Kallang Basin, it said, 'we expect rezoning and plot ratio adjustments in these areas'.

    'We expect much of the key significant land use and plot ratio changes to be concentrated in certain strategic areas - Seletar (aerospace industrial use), Jurong (new regional centre), Paya Lebar (commercial hub near city fringe), Marina Bay (white sites and residential), Novena (medical and healthcare), Kallang Basin (residential) and Ophir-Rochor (mixed development).'

    The report added: 'With the phased opening of the Circle Line from 2009 onwards, we also expect to see an increase in plot ratios for undeveloped state land sites that are close to Circle Line MRT stations, and in particular those that intersect with existing MRT stations.'

    'With interchange stations planned at Paya Lebar, Serangoon, Bishan, Buona Vista, Harbourfront and Dhoby Ghaut, we believe that the highest potential for plot ratio changes could come at the Paya Lebar and Serangoon stations, given that the area around the remaining interchange stations are already relatively built up,' DBS Vickers said.


  27. #57
    URA Guest

    Default Re: Soleil

    Private Residential Units Sold in the Month of April 2008

    Project Name .. Locality . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Soleil @ Sinaran . CCR ....... 1 ............................... 1,683 ............. 1,683 ............ 1,683

  28. #58
    Unregistered R59483 Guest

    Default Re: Soleil

    Quote Originally Posted by URA
    Private Residential Units Sold in the Month of April 2008

    Project Name .. Locality . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Soleil @ Sinaran . CCR ....... 1 ............................... 1,683 ............. 1,683 ............ 1,683

    Price is high. It is near hospital. Eek.. Some say they dont like to be so near to the hosptial. The air is no good, they said. They imagine Sars tentage outside of the hospital whe nthey look out o the window. The hospital mortuary is also there.

  29. #59
    wake Guest

    Default Re: Soleil

    Quote Originally Posted by Unregistered
    I dont think this one will be priced at $1700. Developers will give carefull consideration when they come to pricing. Yes they can sell it at $1700 but only 20% will be sold.

    Once price have been set they cannot change their mind and say : ok lets lower by $300. This will disappoint the 1st 20% buyers and decrease the developers image. THIS IS DANGEROUS. Once people dont trust the developers, they hard to make a living next time.

    At $1700 people can add $100-200 and get the Subsale condos like Trillium, cosmo, Newton one, visioncrest, Rivergate, Tribeca, watermark, urbana, and these condos are freehold and located very near to orchard.

    Wiser price will be $1300-$1500. earn lesser but sell amolst all units. Dont forget their break even price is approx only at $750. Multiply by 2 will be fair at $1400.

    Hmmm. the price is not sustainable.. This was becos the location next to the hospital. Maybe you can see the annex building of the hospital mortuary. Price may have to trim more.

  30. #60
    value Guest

    Default Re: Soleil

    Quote Originally Posted by wake
    Hmmm. the price is not sustainable.. This was becos the location next to the hospital. Maybe you can see the annex building of the hospital mortuary. Price may have to trim more.
    IDIOT!! Novena is a medical hub in SEA. Moron like you never understand the value of Soleil.

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