My take : 700 - 750 psf priced to sell.Originally Posted by amk
Newbie
My take : 700 - 750 psf priced to sell.
Newbie
Seems like u have some insider insider info.... If it is attractive, some buyers who had option to purchase for other projects may not exercise them..... It depends and looking forward to more details....My take : 700 - 750 psf priced to sell.
Newbie
If they are smart enough....my take : 650 to 680 psf.My take : 700 - 750 psf priced to sell.
So far from town, compare other far from town projects, till can't sell much for 600 psf.
Sorry, subject to "mad cow rush".....sold out in one day.....
Junior
This may not be the right forum, but I have just bought MCL Land stocks at S$1.6. The URA site shows they have sold a lot big units for the Peak at $1000+ psf. And I am betting MCL will price the Yishun site at a profit. The Dividend Discount Model (DDM) shows the theorical price for MCL Land stock is S$1.53 to S$2.89.
I know property buyers want to see the price to be low. But once you become a share holder, you want to see the price to be high (as long as most units can be sold). So you will have a more balanced view.
Thanks,
Richard
PS. Invest at your own risk.
Newbie
Well unless you buy sufficient number of shares...
Hong Fok group is selling Concourse Skyline... their shares were lower sometime back.. If you reasoning is sound... buyers should consider buying developer shares and hope that they make a killing for distribution of dividend...instead of the actual units.
However, if they can be a big enough shareholder and buy the units cheaper than others, it is a different story altogether.
Newbie
Is this the expected view? Nice I must say!
Newbie
Sorry have to say something bad about the surroundings..
The view is good only if you cannot see the statelites...
Please don't forget about the spikes at the back, not exactly good for you if you believe in feng shui... You either be expecting spikes at your back or already been spiked at the back if you stay there.. if you face it directly.. it is even worst.
Newbie
This should be the premium price view.
Newbie
Yishun 816 06 to 10 122.00This should be the premium price view.
Improved 1988 $413,000.00 Jun 2009
U can get it at $413k (304psf) still can get govt subsidy.
Just wonder what will be the average psf.
Senior
waaa....blk 816 5 room flat sell so expensive?!This pricing was Orchid park condo pricing a few months ago.
Newbie
Look at Northwood which is freehold project in Yishun its psf isYishun 816 06 to 10 122.00
Improved 1988 $413,000.00 Jun 2009
around ~630psf if this project is more than that then the price
imo is overvalue.
Newbie
Northwood 656psf liaoLook at Northwood which is freehold project in Yishun its psf is
around ~630psf if this project is more than that then the price
imo is overvalue.
Newbie
Wait for the price for Interlace and 100-3 to see the response. The unofficial prices are out, but not sure whether more goodies from developer.
Newbie
The amenities differ too much to be comparable...Look at Northwood which is freehold project in Yishun its psf is
around ~630psf if this project is more than that then the price
imo is overvalue.
Newbie
Thats why the 'freehold' should compensate the lack of amenitiesThe amenities differ too much to be comparable...
If amenities plus the 'freehold' then...
Junior
Hi all,
I've just sold my MCL Land shares at S$1.46. I am sorry for causing you so quickly to loss 10% of money. Just hope stock market is not indicating a correction in real estate market.
Thanks,
Richard
Newbie
Someone mentioned to me that the CEO was interviewed (over radio?) and he said that the indicative prices are from $750 onwards... could someone verify this?
Newbie
Above my expectation of 700-750psf, doubt units can move
fast given its location...
Newbie
Yes, didnt mention that the pricing has taken into consideration of high land cost and a anticpated sales of x percent. Which is less than maybe 50 percent? Not sure of it as it is hear say. Please verify or wait for official annoucement. I asked because I was hoping to get some leaked info.Above my expectation of 700-750psf, doubt units can move
fast given its location...
Junior
any news on the launching date?
Newbie
IMO Noise pollution is a daily problem there and it should be an
important consideration, priced to high it will not be sellable...
Junior
this is property forum. don put such irrelevant post
Newbie
I thought i saw in the papers on the preview...
Had anyone call in to enquire about their preview price ?
Emeritus Senior
one insider told me it's from 760psf to 920psf??
Senior
when's their soft launch/silent preview/VVIP preview or whatever it's called?
Newbie
Your insider was wrong..one insider told me it's from 760psf to 920psf
http://forums.condosingapore.com/sho...&postcount=905
Emeritus Senior
Any updates on this project?
Newbie
It says all sold out.
Anyway developer is getting out of this business. Proposed Delisting.
http://www.mclland.com.sg/pdf/260810-DelistingAnn.pdf
A few land had been released after this launch. Good or bad? Wait and See.
Newbie
Agent wang......
Junior
I am not an agent. I stay in Yishun (and work in Sciecne Park). The Project has been fully sold out. The construction is progressing relatively fast. Foundation is almost there.
Thanks,
Richard
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