that's election talk... can easily renege once election overOriginally Posted by gfoo
that's election talk... can easily renege once election overOriginally Posted by gfoo
103-LH The Shore Residences in RCR-District-15 Katong has hit a nëw hïgh of $1,436 psf just in time for RWS opening this weekends and the CNY eve.Originally Posted by Reporter, The Shore Residences, 9 February 2010 10.15 am
This will surely create the festive mood for everyone. Agree?
The question now is whether 99-LH Silversea break its current high of $1,780 psf to welcome the RWS rollers this weekends. Let's hope so.
Oops!Originally Posted by Reporter, The Sail at Marina Bay, 15 January 2010 12.57 pm
Somebody is ahead of Silversea in the queue for RWS opening this weekends.
In just a short 3 weeks duration, that figure for The Sail at Marina Bay has changed from $3,05x psf to $3,205 psf!
Amazing, isn't it?
Originally Posted by thesailowner, SkyscraperCity, 9 February 2010 1.06 am
I think we were wrong.Originally Posted by Reporter
The price has broken out!
2010 is not a repeat of 2007.
I have a feeling .... we are on the threshold of another 1990.
See the pink graph below reproduced from 1990 to 1996.
And there is "Not much govt can do".
Nicole Kidman's sister is migrating to Singapore, but she fails to enrol her children in an international school here as she is not married to her boyfriend
新明日报
星期二, 9-2-2010
Maybe you are right that we were wrong - wrong to predict a repeat of 2007 rather than 1990.Originally Posted by jlrx, 9 February 2010 6.57 pm
Anyway, District-9 The Cosmopolitan is now $1,915 psf!
Another one queuing for RWS opening this weekends.
Originally Posted by Reporter, The Cosmopolitan, 9 February 2010 10.53 pm
Oh! The Pier At Robertson, another District 9, is rushing to RWS Casino opening with $1,784 psf!Originally Posted by Reporter, The Pier At Robertson, 9 February 2010 11.18 pm
With a nëw hïgh of $1,297 psf, District-8 City Square Residences is also eyeing RWS Casino opening this weekends.Originally Posted by Reporter, City Square Residences, 9 February 2010 11.39 pm
Impossible!!!Originally Posted by Reporter
How can City Square Residences hit $1,297 psf???
Singapore's property market is supposed to crash when mass market condos go above $600 psf !!!
The evolution of supply and demand of real estate in the country
Prepared by Sam Gian, Independent Real Estate Sales Consultant. Article was first published in the Singapore Property Market Review, April 2009.
The Singapore property market has come a long way since the last market bull-run in 1994/95 period where ‘S$600 per sq ft’ was the ‘point of resistance’ for mass market condos. In fact, in 1996, the market crashed when the per sq ft price for many mass market condos breached the S$600 per sq ft level.
Don't forget that in 1994, $600 per sq ft prices were so high that even Goh Chok Tong said "I will find it difficult to pay these prices myself".
I think you better check your figure. It should be $129.7 psf and not $1297 psf.
Singapore mass market property prices cannot go above $600 psf otherwise it will crash.
Now that the Universal Studio is delayed, will RWS Casino still open this weekends?Originally Posted by Reporter, Ardmore II, 10 February 2010 11.06 pm
Many projects have been lining up with nëw hïgh for its opening. The latest being District-10 Ardmore II with $2,751 psf.
Please don't disappoint them.
Now that District-11 Newton One has a nëw hïgh of $1,730 psf, RWS Casino will be opening this weekends.Originally Posted by Reporter, Newton One, 11 February 2010 12.00 am
WT......One agent tole me Ardmore Pk sold for $10 million plus . Damn, I sell too early.
Islander, you are just adjusting your portfolio.Originally Posted by Property_Owner, 11 February 2010 12.11 am
Anyway, District-9 The Suites at Central has a nëw hïgh of $2,141 psf!
Originally Posted by Reporter, The Suites at Central, 11 February 2010 12.46 am
Why you sold Ardmore Park?Originally Posted by Property_Owner
Ardmore Park is the "must have" property for those who have the money to own one.
Unfortunately it seems to be forever out of reach to me.
The Business Times
Mon, Feb 08, 2010
Condos hit the sweet spot, even without a tennis court
Private apartments these days go for as much as $2,600 per square foot, but they no longer come with facilities.
By EMILYN YAP
PAYING big money does not necessarily get you everything these days, at least when it comes to buying a private apartment.
New homes going for as much as $2,600 per square foot can offer designer furnishings and place you in a coveted district, but they may no longer come with large common spaces or even tennis courts traditionally associated with a private address ...
As it becomes harder to find prime projects offering large ground spaces and complete facilities, existing developments with these features are likely to stand out. 'One of the reasons why Ardmore Park is so popular is because it has a beautiful landscaped garden, and the grounds are sprawling. You don't get many of these, these days,' says DTZ's Mrs Ong.
... Thursday already ... still no news on the casino opening ... what the ...Originally Posted by focus
Originally Posted by Reporter
It will be open this Saturday lah.Relax bro.
Maybe not.Originally Posted by Tony Blair, 11 February 2010 10.42 am
Anyway, going-8-year-old Yishun Sapphire and Yishun Emerald in District 27 have hit nëw hïghs of $592 psf and $566 psf respectively!
Originally Posted by Reporter, Looking for condo in north, 11 February 2010 1.00 pm
Genting Singapore says to soft open ¢a$ino park on 14 February
Reuters
Singapore
Thursday, 11 February 2010, 1.26 pm CCT
Genting Singapore says to soft open Resort World Sentosa ¢a$ino park on 14th February 2010 (农历新年初一 + Valentine's Day).
p r e s s r e l e a s eResorts World Sentosa, Singapore’s First Integrated Resort
Casino opens 14 Feb 2010;
Celebrates with Universal Studios Singapore PreviewsSingapore, 11 Feb 2009- Singapore’s first Integrated Resort (IR), Resorts World Sentosa
(RWS), will begin the first day of the Tiger year with the soft-opening of its casino and a
preview opportunity to stroll through the amazing environments at Universal Studios
Singapore and enjoy the specially themed dining and shopping venues that will complement
the incredible attractions, rides and shows that soon will be revealed.
The casino, the Resort’s much-anticipated attraction, will have its first play at an auspicious
hour with a private ceremony and welcome its first public guest at 12.18 pm. A day of
festivities at the Integrated Resort has been planned to mark the red-letter day, including
the debut of its public attraction, Lake of Dreams, and evening previews at its Universal
Studios theme park.
The casino opening is part of the initial phased opening of Singapore’s first IR that began on
20 Jan 2010 with the opening of its four hotels: Crockfords Tower; Hotel Michael; Festive
Hotel; and Hard Rock Hotel Singapore. Its shopping and dining promenade, FestiveWalk,
soft-opened on 30 Jan 2010.
Resorts World Sentosa chairman, Tan Sri Lim Kok Thay said: “In less than three years since
the time we broke ground and commenced construction for Resorts World Sentosa, we have
taken our vision from drawing board to reality. This is a significant milestone in Singapore’s
business history. We promised to deliver a true Integrated Resort, and we have not
deviated from that.”
Chief Executive Officer of Resorts World Sentosa, Mr. Tan Hee Teck said: “We know a lot of
Singaporeans are looking forward to the opening of both our major elements, the Casino
and Universal Studios Singapore. We are ready to soft-open the Casino but are still finetuning
the rides and shows in the theme park, which are still on schedule to open in the first
quarter of 2010. However, since its Chinese New Year, we decided to offer Singaporeans a
week long preview of Universal Studios Singapore with a special and unique first-to-see
walk-through opportunity. The theme park’s unique restaurants and shopping venues will be
open for guests, although rides and shows will not be operational. However, we are
confident that the park’s design, vistas and photo opportunities will truly excite and impress
guests and motivate them for return visits when fully operational.’
“We celebrate the New Year with the people of Singapore and are thrilled to provide a sneak
peek of Universal Studios Singapore during this festive holiday period,” said Tom Williams,
Chairman and CEO, Universal Parks & Resorts. “It’s an exciting time for all of us and a great
opportunity to share a glimpse of the action, thrills and adventure that Universal will bring
to the region.”
For sneak peek week, Universal Studios Singapore will open from 5pm to 9pm every night
from 14 Feb to 21 Feb. Admission will be by $10 tickets, rebated by a same-value dining
voucher. Sale of the tickets starts from 11:18am Friday, 12 Feb 2010. Guests can visit the
box office at the Universal Studios Singapore front gate to purchase tickets for another day
(there will be no same day ticket sales available).
Following the sneak peek week, Universal Studios Singapore will open on 22 Feb 2010 to
Resorts World Sentosa, Genting, and Universal employees followed by limited audiences of
families, charities and invited guests. It expects to welcome its first public guests in early
March.
Casino LevySingapore citizens and Singapore permanent residents can start buying the casino levy at
the similar time of 11.18 am on Friday, 12 Feb 2010. The levy can be bought from counters
outside the Resorts World™ Sentosa casino and online at www.rwsentosa.com. Details of
the tours, levy terms and conditions will be posted online from Friday. Enquiries can be
made at [email protected] or 6577 8888/99.
- End -
This lucky guy is now blessed by RWS Casino.Originally Posted by Reporter, 5 February 2010
His District-10 Shanghai One breaks hïgh again with $1,260 psf!
Originally Posted by Reporter, Shanghai One, 11 February 2010 10.49 pm
If anyone is thinking of queuing overnight on CNY Eve to be the first to enter RWS Casino on CNY 1st Day, you may want to reconsider.Originally Posted by 联合晚报
The casino action starts tomorrow - not CNY 1st Day. The actors/actresses (a.k.a. gamblers) are checking into the hotels tonight/now.
Err ... City Regency in District 12 hit another hïgh in less a week with $1,219 psf!Originally Posted by mcmlxxvi, City Regency, 12 February 2010 4.50 pm
So City Square Residences in District 8 hitting hïgh of $1,297 psf is no biggie?
The Tate residences unit sold for close to $3,000 psf
The Edge
Monday, 8 February 2010
The Tate Residences
It’s starting to look like a self-fulfilling prophecy, as far as prices in the high-end residential segment in Singapore are concerned. Anecdotally, there’s evidence that some cash-rich speculators are also back in the market, according to some property consultants.
Notable secondary market transactions in the week of Jan 8 to 15 at The Tate Residences, Ardmore II and Scotts Square have seen a spike in prices.
One was the sale of a 2,207 sqft, 27th storey apartment at The Tate Residences on Claymore Road, developed by Hong Leong Holdings. The 85- unit luxury condo has two 36-storey towers, and is very close to completion.
The unit changed hands for $6.5 million ($2,946 psf). The seller purchased the apartment when it was launched in September 2006 at $5.046 million ($2,287 psf), and enjoyed a capital appreciation of 29% in about three years. This price is pretty close to the levels seen in the heady days of August to September 2007, when a 3,229 sqft unit on the 27th floor changed hands in a sub-sale for $11.3 million or $3,500 psf.
There’s been a lot of excitement along Claymore Road, particularly as the rumour mill is once again rife with speculation of The Claymore’s “en bloc potential”. Located next to The Tate Residences, the 146-unit luxury freehold condominium was completed in 1985 and is still considered a landmark luxury condo in that location. As early as 2007, owners of The Claymore had flirted with the possibility of an en-bloc sale, going as far as appointing CB Richard Ellis and DTZ as joint marketing agents. According to sources, it did not achieve the 80% consensus needed for a collective sale to take place.
“The Claymore definitely has en bloc potential,” says a property consultant who declined to be named. “But, the owners are reluctant to sell, because when looking at replacement units, it’s hard to find something comparable in the same location.” Unit sizes at The Claymore are large. The smallest are three-bedroom apartments 2,680 sqft in size. 4-bedroom apartments measure 3,348 sqft while the penthouses are 4,919 sqft each.
The most recent transaction at The Claymore was in November last year, when a three-bedroom, 13th floor apartment changed hands for $8.38 million ($2,503 psf). The previous owner had purchased the property in March 1996 for $5.2 million ($1,553 psf), and enjoyed a 61% capital appreciation over the last 14 years.
The last time an apartment at The Claymore crossed the $2,500 psf barrier was during the most recent peak in May 2008, when a 3-bedroom apartment on the 17th floor was sold for $6.8 million ($2,537 psf).
Further up Claymore Road is the prestigious Ardmore Park enclave, where the 303-unit Ardmore Park developed by Wheelock Properties epitomised the height of luxury in the mid-1990s. Even today, it’s the yardstick for luxury property prices. Riding on its success, the developer launched the 118-unit Ardmore II in September 2006 and, to date, the project is 100% sold and close to completion. After it was launched, prices ranged from $2,087 psf to a high of $3,208 psf in May 2007 at the peak of the market. At that time, Ardmore Park apartments were changing hands in the resale market at $1,837 to $2,773 psf.
With anticipation of the private preview of Ardmore III mounting, at prices said to be $3,500 psf or higher, an apartment on the 24th floor of Ardmore II was sold for $5.566 million ($2,751 psf) in a sub-sale. The seller bought the unit when it was launched in October 2006 for $4.833 million ($2,389 psf). The last time an apartment at Ardmore II breached the $2,700 psf mark was February 2008, when an 11th floor apartment sold for $5.675 million ($2,804 psf).
Meanwhile, at the 338-unit Scotts Square located on Scotts Road, also by Wheelock Properties, an apartment on the 25th floor was sold for $3.35 million ($3,537 psf), according to a caveat lodged last month. The seller purchased the 947 sqft apartment in August 2007, when the project was launched, for $3.735 million ($3,944 psf). At the peak of the market, a 1,249 sq ft apartment on the 28th floor had changed hands in a sub-sale at $5.558 million or a high of $4,451 psf.
The 45-storey tower is expected to be completed in 2011, and will house luxury retail and commercial space on the first 5 levels.
Have more Singaporean babies please! Otherwise, we will have problem in replacement.Originally Posted by The Straits Times
How to have more babies if the working class are busy working to pay off their rising mortgages and the rich are busy making more money The mindset of Singapore must change from that of just pursuing of material wealth (which the government is ever pushing i.e. national goal to increase Singapore productivity to make more money; to be competitive to make more money; to be the best in everything e.t.c e.t.c).Originally Posted by Reporter
Rides not ready, but there's a queue already
AsiaOne Relax
Saturday, 13 February 2010
Photo: Ng Sor Luan, Alphonsus Chern and Desmond Wee
By 9.30am yesterday, almost 2 hours before they went on sale, a queue of about 30 people had already formed at Resorts World Sentosa (RWS) for the hottest tickets in town: $10 entry passes to Universal Studios Singapore.
Photo: Ng Sor Luan, Alphonsus Chern and Desmond Wee
Retiree Greg Semon, 56, from Seattle, Washington, getting a photo with Universal Studio characters. He was the first at the queue, arriving at 8.45am before anyone else to get the tickets.
Photo: Ng Sor Luan, Alphonsus Chern and Desmond Wee
Retiree Greg Semon, who was the first in the queue.
Found this interesting article:
http://www.prosperwithfengshui.com/t...redictions.pdf
Happy New Year, Gong Xi Fa Cai!
3 weeks later ... District-9 Watermark Robertson Quay hit a nëw hïgh again with $1,507 psf!Originally Posted by Reporter, 2 weeks ago
Amazing isn't it?
Watermark Robertson Quay
Address ....................... psf .............. Area ........... Price ............. Contract Date
1 Rodyk Street #08-10 .... $1,507 psf o.. 1,055 sqft .... $1,590,000 ..... 25 Jan 09
Originally Posted by Reporter, Urban Suites, 17 February 2010 10.37 pmOriginally Posted by Reporter, Espada, 17 February 2010 10.29 pmjlrx, Urban Suites missed your $3,000 psf by $79 psf in January. You need some tuning?Originally Posted by Reporter, Waterscape at Cavenagh, 17 February 2010 10.23 pm
Anyway, which District-9 nëw hïgh do you like? $2,921 psf?