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Thread: Park Colonial Condo

  1. #101
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    heard around 114 units sold during balloting at kent ridge hill residences this morning. no info about woodleigh residences yet.

  2. #102
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    Quote Originally Posted by bargain hunter View Post
    heard around 114 units sold during balloting at kent ridge hill residences this morning. no info about woodleigh residences yet.
    Ok, this means sales are quite bad for Kent ridge hill residences. They are making a mockery of the balloting process - there’s really no need to ballot when there are more units than buyers

  3. #103
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    Heard only 30 units sold at Woodleigh Residences....

  4. #104
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    Quote Originally Posted by Brown24 View Post
    Heard only 30 units sold at Woodleigh Residences....
    thanks for the update - need Straits Times to confirm the units sold

    it's their crown jewel - ya know, lol

  5. #105
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    Quote Originally Posted by sginvestor View Post
    thanks for the update - need Straits Times to confirm the units sold

    it's their crown jewel - ya know, lol
    That fat fark ex-general don't know how to do business one lah LOL

  6. #106
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    Quote Originally Posted by sginvestor View Post
    Ok, this means sales are quite bad for Kent ridge hill residences. They are making a mockery of the balloting process - there’s really no need to ballot when there are more units than buyers
    frankly, in the current environment, 114 out of 548 is very good already. that's > 20% of total units at a price that is not really cheap. as many buyers may converge to the same small units, that's the purpose of the ballot, not because there are still many other units available.

  7. #107
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    Quote Originally Posted by Brown24 View Post
    Heard only 30 units sold at Woodleigh Residences....
    [url]https://www.straitstimes.com/singapore/housing/convenient-location-makes-the-woodleigh-residences-a-draw-for-home-buyers[/url]

    no wonder they dare not say how many sold? lol.

  8. #108
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    Quote Originally Posted by Lord Anus View Post
    That fat fark ex-general don't know how to do business one lah LOL
    Park Colonial sold another 4 units from Monday to Friday this week. I saw from this morning's video [url]https://m.facebook.com/story.php?story_fbid=214738562789389&id=678435349156871[/url]
    that a lot of people turned up for the ballot. If they only sold 30, then I think you are right. The rest of the buyers are headed to Park Colonial after confirming the price lol.

  9. #109
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    maybe the Woodleigh Residences would cut prices and match Park Colonial's prices...
    buyers can get a better deal if they wait

  10. #110
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    Quote Originally Posted by sginvestor View Post
    maybe the Woodleigh Residences would cut prices and match Park Colonial's prices...
    buyers can get a better deal if they wait
    the developer may be able to sell the units over a longer period of time since they are given 7 years to build the commercial components, need to check on this.

    SPH and the japanese developer would probably have some pride than to cut price as this project is just a small project vs the size of their companies. they can also wait for park colonial to be fully sold rather than cut price to compete with them. afterall, there's only less than 1/3 to go for Park Colonial and no further new competing supply in the vicinity.

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