Land Parcel at Commonwealth Avenue

[p3nboy]

any news on the tender?

[bargain hunter]

should be at 5+ or 6+pm

any news on the tender?

[bargain hunter]

guesses so far (in psf per plot ratio):

bargain hunter 845
Pro888 888.88
jeaprp 900 +/- 50
Ilikeu 900 to 950
kane 970


any other damn free soul, please feel free to participate.

[bargain hunter]

wheelock incorporated another 2 shell companies yesterday. wonder if they will participate.

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_BAD5E324D8672FFE48257B080036D65D/$file/WPSL_ANN_Subsidiaries.pdf?openelement

Colonnade and Cone

[phantom_opera]

950psf ... 100psf above Bishan

[leesg123]

bargain hunter 845
Pro888 888.88
jeaprp 900 +/- 50
Ilikeu 900 to 950
kane 970
leesg123 988

guesses so far (in psf per plot ratio):

bargain hunter 845
Pro888 888.88
jeaprp 900 +/- 50
Ilikeu 900 to 950
kane 970


any other damn free soul, please feel free to participate.

[bargain hunter]

added phantom. at this rate leesg is gonna win the bid.

bargain hunter 845
Pro888 888.88
jeaprp 900 +/- 50
Ilikeu 900 to 950
phantom 950
kane 970
leesg123 988

[Pro888]

1
Intrepid Investments Pte Ltd, Verwood Holdings Pte. Ltd. and Hong Realty (Private) Limited
$562,818,171

2
Acresvale Investment Pte Ltd
$549,290,000

3
FCL Topaz Pte. Ltd., Far East Orchard Limited, Sekisui House, Ltd. and China Construction (South Pacific) Development Co. Pte Ltd
$541,880,000

[Pro888]

1
Intrepid Investments Pte Ltd, Verwood Holdings Pte. Ltd. and Hong Realty (Private) Limited
$562,818,171

2
Acresvale Investment Pte Ltd
$549,290,000

3
FCL Topaz Pte. Ltd., Far East Orchard Limited, Sekisui House, Ltd. and China Construction (South Pacific) Development Co. Pte Ltd
$541,880,000

$883 psf ppr. Me very close to my prediction.

[bargain hunter]

wah, only 3 bidders?! and 882,85psf. and Pro888 is indeed 888.88 zhun!

1
Intrepid Investments Pte Ltd, Verwood Holdings Pte. Ltd. and Hong Realty (Private) Limited
$562,818,171

2
Acresvale Investment Pte Ltd
$549,290,000

3
FCL Topaz Pte. Ltd., Far East Orchard Limited, Sekisui House, Ltd. and China Construction (South Pacific) Development Co. Pte Ltd
$541,880,000

[bargain hunter]

so land bids did cool a bit lah. other forumers very optimistic leh. even more bullish than mr. kwek.

[Pro888]

so land bids did cool a bit lah. other forumers very optimistic leh. even more bullish than mr. kwek.

Indeed, CM is taking some effects. From what i see, they are more selective (vicinity development) / huge quantum has to pay.

[Pro888]

FEO gang getting in China Con. and also as their builder.

[Ringo33]

so land bids did cool a bit lah. other forumers very optimistic leh. even more bullish than mr. kwek.

developers focus is now on OCR property where they will be targeting on first timer.

[phantom_opera]

Echelon II ?How about naming this The Elitist ke ke ke

[bargain hunter]

1. Pro888 888.88 (CDL 882.85)
2. jeaprp 900 +/- 50 (Kepland 861.63)
3. bargain hunter 845 (FCL FEO 850.01)

u guys are too bullish (overbid for the "COE") hehehe:

Ilikeu 900 to 950
phantom 950
kane 970
leesg123 988

1
Intrepid Investments Pte Ltd, Verwood Holdings Pte. Ltd. and Hong Realty (Private) Limited
$562,818,171

2
Acresvale Investment Pte Ltd
$549,290,000

3
FCL Topaz Pte. Ltd., Far East Orchard Limited, Sekisui House, Ltd. and China Construction (South Pacific) Development Co. Pte Ltd
$541,880,000

[kane]

we put in our guesses before CM7 mah. hahaha.

sell cheaper also good lah.

[bargain hunter]

guess is after CM7 ok. it was last tues, after the jurong west site closed, remember?

we put in our guesses before CM7 mah. hahaha.

sell cheaper also good lah.

[timmy]

$883 psf ppr. Me very close to my prediction.

Owners of Queens will be very happy!

[kane]

guess is after CM7 ok. it was last tues, after the jurong west site closed, remember?

totally losing track of time. was it that recent?? hahaha.

saw technically with this kind of psf, we should see about $1,300 +/- psf as the final price?

[bargain hunter]

dream on. hong leong has an echelon to defend.

totally losing track of time. was it that recent?? hahaha.

saw technically with this kind of psf, we should see about $1,300 +/- psf as the final price?

[timmy]

dream on. hong leong has an echelon to defend.

Can't agree more. $1300 is more like breakeven price. Some more Queens just across the road, which is much older, is already transacting at $1500. And I am not even talking about mm unit.


QUEENS* STIRLING ROAD Condominium 1 1,390,000 915 Strata 1,519 Jan-13

[timmy]

dream on. hong leong has an echelon to defend.

Quite agree. 1300 psf is more like break even price.

[kane]

dream on. hong leong has an echelon to defend.

They defend with such a fairly modest bid ah?

[bargain hunter]

they will not undercut echelon prices to sell too low. at the same time, of course they won't overpay for the land lah. if echelon is 1700psf average, this one at least must be 1500psf average.

They defend with such a fairly modest bid ah?

[phantom_opera]

what is $500m when US Feb prints 85b USD every month and Japan central bank has just joined the unlimited printing club

Assuming 85b USD = 100b SGD, it can buy close to 200 prime lands in Singapore in one month

[kane]

they will not undercut echelon prices to sell too low. at the same time, of course they won't overpay for the land lah. if echelon is 1700psf average, this one at least must be 1500psf average.

At 1500psf. Their profit margin ba-ba, can still afford to absorb absd. Heh.

[Ringo33]

They defend with such a fairly modest bid ah?

fairly modest bid doesnt = modest selling price.

[luzman]

Owners of Queens will be very happy!

Y very happy? its not as if the prices of bidding is way above the Queen's transacted price....and the new development is brand new...

[sunboy77]

totally losing track of time. was it that recent?? hahaha.

saw technically with this kind of psf, we should see about $1,300 +/- psf as the final price?

CDLbought the Echelon land at approx. $754 psf. Avg prices $1700 psf. Some 1-bedder touched $2,300psf mark....