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Thread: Principal Garden

  1. #31
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    sunman from cbre?

  2. #32
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  3. #33
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    Quote Originally Posted by Arcachon View Post
    I am very keen. Can any property agent come to me?

  4. #34
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    Quote Originally Posted by MrTan View Post
    sunman from cbre?
    Yes I am.

  5. #35
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    With haze looming till nov, will Principle Garden developer offers a good pricing?

  6. #36
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    Quote Originally Posted by yowetan View Post
    With haze looming till nov, will Principle Garden developer offers a good pricing?
    How haze related to pricing?

  7. #37
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    Quote Originally Posted by indomie View Post
    How haze related to pricing?
    Haze more likely to make wrong judgement in pricing. Ha...
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  8. #38
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    Quote Originally Posted by indomie View Post
    How haze related to pricing?
    Haze will prevent more people crowding at showflat. Also with many CMs and bad economy numbers, will developers offer discount?

  9. #39
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    Quote Originally Posted by yowetan View Post
    Haze will prevent more people crowding at showflat. Also with many CMs and bad economy numbers, will developers offer discount?
    3xxk for 1 bedders?

  10. #40
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    Quote Originally Posted by azeoprop View Post
    3xxk for 1 bedders?
    12 Sq M possible. Selected units only.

    Kidding only.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  11. #41
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    Dun even have indicative pricing yet. Let alone discount talk. Hillview peak lah. Got discount there. How about Kalimantan property? Haze there is the worst. Suits the budget also.

  12. #42
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    Quote Originally Posted by MrTan View Post
    Dun even have indicative pricing yet. Let alone discount talk. Hillview peak lah. Got discount there. How about Kalimantan property? Haze there is the worst. Suits the budget also.
    Hillview peak is over-rated.

  13. #43
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    Quote Originally Posted by Kelonguni View Post
    Haze more likely to make wrong judgement in pricing. Ha...
    That kind of haze is the one u smoke, is called ganja

  14. #44
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    Sep week 3 transactions just came out today. A couple of Alex Residences mid flr sold over 1.7k psf. Think this development gotta sell at 1.5k psf to make it a 'steal' or ~10% cheaper
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  15. #45
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    For those 1 bedders facing the canal, what is the proposed land use for the vacant land opposite the canal?

  16. #46
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    According to ura master plan, the plot of land between the canal and Alexandra rd would be used for residential. High rise probably, as max plot ratio is 3.5.

  17. #47
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    Default Future development at Redhill MRT vs Principal Garden?

    http://www.channelnewsasia.com/news/...r/2161402.html



    The Urban Redevelopment Authority (URA) has launched the residential site at Alexandra View for sale by tender. The residential plot at Alexandra View is sitting right next to Redhill MRT station. The 90,417 sq ft 99-year leasehold site has a maximum gross floor area of 442,967 sq ft and could yield 400 units. It is zoned for residential with 1st storey commercial use. The tender exercise will close on November 12, 2015 at 12pm.

    Based on URA caveat records in 2015 to date, the median price for comparable projects near the subject site is around $1,700 psf. However, as there is still a large balance of unsold units in the vicinity, the final selling price might fall on the conservative end of the range. In view of this, the bid price of the land is estimated to be in the region of $780 to $830 psf ppr.

    http://www.theedgeproperty.com.sg/co...-and-sembawang
    Last edited by MrTan; 30-09-15 at 23:31.

  18. #48
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    Quote Originally Posted by azeoprop View Post
    For those 1 bedders facing the canal, what is the proposed land use for the vacant land opposite the canal?
    Quote Originally Posted by MrTan View Post
    According to ura master plan, the plot of land between the canal and Alexandra rd would be used for residential. High rise probably, as max plot ratio is 3.5.
    Yes Mr. Tan is right. That's how it is under the current Masterplan.

  19. #49
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    Looks like a lot of potential 1 and 2 bedders in this area coming online. Might greatly depress the rental yield.

  20. #50
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    Quote Originally Posted by azeoprop View Post
    Looks like a lot of potential 1 and 2 bedders in this area coming online. Might greatly depress the rental yield.
    I tink the next crash after Sentosa will be this area, flood with high-priced condo and over supply....just wait for the interest rate to rise more, we will see how the owners jump

  21. #51
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    Quote Originally Posted by henryhk View Post
    I tink the next crash after Sentosa will be this area, flood with high-priced condo and over supply....just wait for the interest rate to rise more, we will see how the owners jump
    Sad to say, good to know. Almost whole singapore would crash. Hillview will be one of the heaviest crash.

  22. #52
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    Sinai wun be spared too. With rising interest, expect fire sale.

  23. #53
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    As per my earlier post on D3 upcoming supplies in http://forums.condosingapore.com/sho...s-coming-from:




    Existing Stocks:
    ALESSANDREA
    105
    ALEXIS
    293
    ASCENTIA SKY
    373
    CENTRAL GREEN CONDOMINIUM
    412
    MERAPRIME
    213
    QUEENS
    722
    REGENCY SUITES
    84
    TANGLIN VIEW
    384
    THE ANCHORAGE
    775
    THE METROPOLITAN CONDOMINIUM
    382
    THE REGENCY AT TIONG BAHRU
    158
    TWIN REGENCY
    234
    Total: 4135

    It is quite a significant figure considering that new supplies is almost 80% of the existing stocks within the area of Queenstown-RedHill-TiongBahru stretch. To make it worse, alot of these development were launched within the same period
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  24. #54
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    You forgot the new one coming up at Dundee Road next to Commonwealth Towerrs. How many units that one?

  25. #55
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    About 700

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  27. #57
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    Quote Originally Posted by sunman77 View Post
    Nice?

    Across the canal is slated for residential with higher plot ratio. Just saying.

  28. #58
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    So artist's impression nice real thing not nice? Just asking.

  29. #59
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    The canal so nice one meh? Maybe can provide free boat shuttle to city via the canal haa haa.

  30. #60
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    http://www.channelnewsasia.com/news/...g/2181228.html

    Bookings for next big condo project Principal Garden to open next week

    Market watchers have said that the response will help developers gauge buyer interest and decide when to release projects in the pipeline.

    By Eileen Poh, Channel NewsAsia
    POSTED: 09 Oct 2015 23:31 UPDATED: 09 Oct 2015 23:46

    SINGAPORE: The languid private home market will see its first major launch since July when property giant UOL showcases its 663-unit Principal Garden condominium (condo) project at Prince Charles Crescent next week.

    Market watchers have said that the response will help developers gauge buyer interest and decide when to release projects in the pipeline. The last big condo project, High Park Residences, which is in Sengkang, opened for booking in July.

    UOL said it will offer 250 units in the first phase, priced at an average of S$1,600 per square foot. This is slightly lower than what units at a neighbouring project The Crest had gone for. The Crest was launched at around S$1,700 psf in July 2014.

    UOL said units at Principal Garden will start from S$770,000 for a one-bedroom unit, $1.18 million for a two-bedroom unit and S$1.7 million for a three bed-room unit. It said it expects strong investor interest in Principal Garden due to its city-fringe location. More than 70 per cent of the units are one to two-bedroom units.

    "Cities really have to compete for talent, there's no way out and likewise for Singapore," said Mr Liam Wee Sin, deputy group CEO for the UOL Group. "We think when we compete for talent, we will bring in this category of people who want to be leasing or staying in a place near the city. And that's where Principal Garden comes into place, we think this project with smaller units can cater to that category of people."

    Principal Garden is also the first condo project to come on the market since the monthly income cap to buy executive condominium (EC) units was raised to S$14,000, from S$12,000 previously.

    However, property watchers such as Chesterton Singapore managing director Donald Han said the change is unlikely to affect sales, since ECs are located in the suburbs, while Principal Garden is a higher-priced project with a city-fringe location.

    - CNA/hs

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