贵富猫未必一定是好猫
能捉老鼠的猫才是好猫
Award winning cat may not be a good cat.
A cat that is adept at catching mice is surely a good cat.
贵富猫未必一定是好猫
能捉老鼠的猫才是好猫
Award winning cat may not be a good cat.
A cat that is adept at catching mice is surely a good cat.
click: 🏢shoeboxmickeymousehouse 🏢
it has a really outstanding facade. but somehow I feel disappointed when I step inside.
What were u disappointed about?Originally Posted by Rosy
Care to elaborate?
Anyone know why this transaction is so high and if its developer or resale?
REFLECTIONS AT KEPPEL BAY
Condominium 04 RCR
Price: 10,800,000
Size: 3,391
Floor Strata 01 to 05
PSF: $3,185
Date: Oct-13
likely developer sale. could be one of those desirable villa units.
Thanks! Developer sale doesn't prove so much then.
Given that Sentosa condo price has dropped so much (20-30%?) would be a strong signal if resale price fro Reflections hit a new high.
But seems not yet.
interesting technical stuff that is brought out by the question.
the facts:
1) squarefoot indicate developers last sale is on november 2012.
2) check with URA website confirmed this.
3) BCA indicates CSC approved on 30/7/2012
the plan number is A1182-00004-2000%. ( % is wildcard )
4) after CSC obtained, all developer sales are considered as resales.
after CSC obtained, developer still reported the sales, because CSC obtained in July, and developer reported sales to URA until november 2012.
the mystery is:
why isnt there any developer sales to URA from dec 2012 onwards for reflections?
q1) voluntary reporting to URA once TOP/CSC obtained?
q2) totally no developer sales from dec 2012 onwards? the resales are actually resales, and not developer sales. i will wait for URA developer sales 2013 october data.
my take is that villa unit is resale, previous owner didnt lodge caveat.
easy but expensive way is INLIS of course, to find out the truth.
Stack 68 is Villa Block A (Block 21). IIRC, this entire block is bought by a Middle East investment group and so chances that it is a resale unit is very high. The entire block sits by the promenade and directly faces the bay, giving it unrivalled marina and seaview; hence commanding such a high psf.
其疾如風,其徐如林,侵掠如火,不動如山,難知如陰,動如雷震
In bought a villa unit a little while back on the basis this was the bests seaview in Singapore, guaranteed unblocked and more convenient that Sentosa.
In short, under priced because Keppel is not SC Global. I think Simon would have hordes salivating to but at 3-4K psf!
FYI...already vested so not looking to convince anyone.
Waterfront living is rare in Singapore and is like a commodity. With about 5000 units to be built in total at Sentosa Cove, it is a tad too crowded. It is not as convenient but then people buy Sentosa Cove for a different reason.
Agree with you that Reflections is undervalued and has potential for capital appreciation in the future, cheers!
其疾如風,其徐如林,侵掠如火,不動如山,難知如陰,動如雷震
One issue is the size. Which is Decent to live in but indecent compared to today's mickey mice.
Thanks everyone for the support! Find A Home Loan is Standard Chartered #1 broker in 2013.
Asking price @ about $1.5k psf is still decent ... a number of units asking for less than $2m and about $1.5k psf compared to more previously
see attached gif for caveats ...
6 JUN 2013 25 #09-78 840 1548 1,300,000
1 APR 2013 27 #06-80 1281 1546 1,980,000
25 MAR 2013 8 #01-36 1216 1628 1,980,000
5 JUN 2013 23 #09-72 1389 1584 2,200,000
many lost making transactions here.
With Lease having run 10 years since land acquired in 2005 and NEW developments on golf course after 7 years ( 2021 ), what are prices of GOLF or GREENERY facing units going to be like ?
No more such advertisements of " Golf view " " Greenery view " ?
""".......2 bedrooms unit with brilliant unblocked view of Keppel Golf Club
and skyline view. ........
Tenanted at $4000 till June 2014.
Monthly MCST $420.00 .........."
----------------------------------------------------------------
extract from ad by Renee Lim Sharma in property guru
+++++++++++++++++++++++++++++++++++
No credit expansion and punishing ABSD = no capital appreciation
Price must correct such that yield is minimum 4%
Ride at your own risk !!!
the seller bot at 2.87m in aug 2011, that means he needs to pay 8% stamp duty?
pptyguru shows that some are advertising at FROM 2.38m while others are advertising at 3m for the same unit.
some pple call the unit well furnished, some call it hedious looking.
quite gey kiang, 3 bedroom turn into 2 bedroom, when kenna this type of sale becomes a disadvantage.
URA website shows many similar size units @ less than $2 million
REFLECTIONS 1,914,770 *** 1,206 *** 1,588 *** Apr-12
REFLECTIONS 1,916,530 *** 1,206 *** 1,590 *** Dec-11
REFLECTIONS 1,949,259 *** 1,206 *** 1,617 *** May-11
REFLECTIONS 1,980,000 *** 1,216 *** 1,628 *** Mar-13
REFLECTIONS 1,950,000 *** 1,227 *** 1,589 *** Nov-11
REFLECTIONS 1,908,000 1,227 *** 1,555 *** Nov-11
REFLECTIONS 1,950,000 *** 1,238 *** 1,575 *** Nov-11
REFLECTIONS 1,950,000 *** 1,259 *** 1,548 *** Nov-11
REFLECTIONS 1,980,000 *** 1,259 *** 1,572 *** Oct-11
REFLECTIONS 1,938,000 *** 1,281 *** 1,513 *** Nov-11
REFLECTIONS 1,980,000 *** 1,281 *** 1,546 *** Apr-13
REFLECTIONS 1,950,000 *** 1,302 *** 1,497 *** Nov-11
REFLECTIONS 1,943,240 *** 1,313 *** 1,480 *** Mar-12
REFLECTIONS 1,950,000 *** 1,324 *** 1,473 *** Feb-12
99 years lease from 15 March 2006
Yee ha! Did I tickle your funny bone?
How many rooms is this and what size sqft?
Found it. Should be 3 bdrm at 1270 sqft.
https://www.edgeprop.sg/property-new...s-215-mil-loss
Unit at Reflections at Keppel Bay incurs $2.15 mil loss
By Valerie Kor / EdgeProp Singapore | July 17, 2020 6:00 AM SGT
The most unprofitable deal during the week of June 30 to July 7 occurred at Reflections at Keppel Bay, where a 2,260 sq ft four-bedroom unit was sold at a loss of $2.15 million. The seller purchased the 31st-floor unit in August 2010 for $6.15 million ($2,720 psf) and sold it on June 30 for $4 million ($1,770 psf), suffering a 35% loss or an annualised loss of 4% over almost 10 years.
Reflections at Keppel Bay is a 99-year condominium by developer Keppel Land, and designed by world-renowned architect, Daniel Libeskind. The District 4 property has a total of 1,129 units across six towers of between 24 and 41 storeys in height, as well as 11 six- to eight-storey villa apartment blocks. It is a five-minute drive to VivoCity and 10-minute drive to Sentosa. Nearby green spaces include Mount Faber Park and Telok Blangah Hill Park.
The most unprofitable deal of the week occurred at Reflections at Keppel Bay, where a unit was sold for $4 million ($1,770 psf) on June 30 (Samuel Isaac Chua/The Edge Singapore)
The second highest loss incurred during the same period was the sale of a 2,088 sq ft, three-bedroom unit at Orchard Scotts. The fifth-floor apartment was purchased for $4.05 million ($1,939 psf) in October 2009 and sold for $3.46 million ($1,657 psf) on July 1, which translates to a loss of $590,000 (15%), or 1% a year in about 11 years.
Developed by Far East Organization, the 387-unit Orchard Scotts is located on Anthony Road, off Clemenceau Avenue North. It is a nine-minute walk from Newton MRT Station, which is an interchange for the North-South Line and Downtown Line. The District 9 property is close to Cairnhill Road and Orchard Road.
The third most unprofitable sale during the period was for a 1,055 sq ft, two-bedroom loft unit on the 13th floor at Fulcrum on Fort Road. It was purchased for $1.99 million ($1,889 psf) in April 2012 and sold for $1.72 million ($1,629 psf) on July 1. The loss was $274,930 (14%), or 2% a year over eight years.
Developed by CEL Development, Fulcrum is a 128-unit freehold condominium in District 15 with 23 storeys. It is within 10 minutes by car to the CBD via the East Coast Parkway (ECP), as well as to Kallang Wave Mall and Parkway Parade.
On the other hand, the most profitable deal during the week was the sale of a 1,518 sq ft, four-bedroom unit at The Sea View. The 18-floor unit reaped a 120% profit of $1.5 million, having been bought in October 2005 for $1.24 million ($820 psf) and sold on July 1 for $2.74 million ($1,804 psf). This translates to an annualised profit of 6% over almost 15 years.
The most profitable deal of the week was for a 1,518 sq ft, four-bedroom unit at The Sea View, which was sold for $1.5 million (Samuel Isaac Chua/The Edge Singapore)
The Sea View on Amber Road is a freehold development by Wheelock Properties comprising 23 storeys and 546 units. It is a seven-minute drive to CBD using ECP or Nicoll Highway.
The second most profitable deal in the same period was for a unit at Varsity Park Condominium on West Coast Road in District 5. Purchased for $769,000 ($380 psf) in March 2006, the 2,024 sq ft, three-bedroom unit on the fifth floor was sold for $2.07 million ($1,023 psf) on July 6, netting a 170% profit of $1.3 million or a 7% annualised profit over 14 years.
Varsity Park Condominium is a 99-year leasehold condominium developed by CapitaLand. Comprising 530 units, the development is a short drive to West Coast Plaza and The Clementi Mall. It is near the National University of Singapore and adjacent to West Coast Park.
The third top gain for the period was chalked up by a four-bedroom apartment measuring 2,422 sq ft on the 13th floor of Horizon Towers in prime District 9. It was bought for $2 million ($826 psf) in June 2009 and sold for $3.2 million ($1,321 psf) on July 1, earning the seller a 60% profit of $1.2 million, or an annualised profit of 4% over 11 years.
Horizon Towers is a 210-unit, 99-year leasehold development located on Leonie Hill Road in prime District 9. Its near the Orchard Road premium shopping area, the Orchard MRT station and upcoming Great World City MRT station.