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Thread: Cityscape @ Farrer Pk (Mergui Road)

  1. #61
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    So how was the preview over the weekend? Anybody went down to see?

  2. #62
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    today's BT quote probably explains why no responses to your questions.

    "Meanwhile, sales are said to have been tepid at The Cityscape at Farrer, a 250-unit freehold condo at Mergui Road (near Rangoon Road, facing the Central Expressway) by IOI Group and KSH Holdings.
    The project was previewed last week and about 15 units are said to have been sold.
    Potential buyers may have found the price, understood to be about $1,400 psf on average, steep."



    Quote Originally Posted by azeoprop
    So how was the preview over the weekend? Anybody went down to see?

  3. #63
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    Quote Originally Posted by bargain hunter
    today's BT quote probably explains why no responses to your questions.

    "Meanwhile, sales are said to have been tepid at The Cityscape at Farrer, a 250-unit freehold condo at Mergui Road (near Rangoon Road, facing the Central Expressway) by IOI Group and KSH Holdings.
    The project was previewed last week and about 15 units are said to have been sold.
    Potential buyers may have found the price, understood to be about $1,400 psf on average, steep."
    MM over at Farrer can sell 13xxpsf....but not normal sized units

    the reporter dun like this project....y highlight it is facing CTE?

  4. #64
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    Wow! even at 1300psf, the cheapest 2 bedder will cost at least 1.2mil... no wonder poor sales.

  5. #65
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    Does anyone has updates on the progress of the sales of this project?

  6. #66
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    Quote Originally Posted by bargain hunter
    today's BT quote probably explains why no responses to your questions.

    "Meanwhile, sales are said to have been tepid at The Cityscape at Farrer, a 250-unit freehold condo at Mergui Road (near Rangoon Road, facing the Central Expressway) by IOI Group and KSH Holdings.
    The project was previewed last week and about 15 units are said to have been sold.
    Potential buyers may have found the price, understood to be about $1,400 psf on average, steep."
    Is quite sheep at average $1400psf!!
    Pristine Hgts beside Cityscape.. eventhrough is not full condo status.. transacted ard $1 to $1.2psf.. big units like 2000sf asking below $900psf

  7. #67
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    Quote Originally Posted by Rysk
    Is quite sheep at average $1400psf!!
    Pristine Hgts beside Cityscape.. eventhrough is not full condo status.. transacted ard $1 to $1.2psf.. big units like 2000sf asking below $900psf
    if no baywindows and planters....den 1400psf ok

    took a 2nd look on the layout....this developer really too greedy

  8. #68
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    Quote Originally Posted by devilplate
    if no baywindows and planters....den 1400psf ok

    took a 2nd look on the layout....this developer really too greedy
    But anyone guess what is their breakeven..

  9. #69
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    Quote Originally Posted by Rysk
    But anyone guess what is their breakeven..
    breakeven at $900 psf?

  10. #70
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    Quote Originally Posted by Scary
    breakeven at $900 psf?
    I tot is ard $1000psf?
    If is $900psf.. developer very greedy loh

  11. #71
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    Quote Originally Posted by Rysk
    I tot is ard $1000psf?
    If is $900psf.. developer very greedy loh
    orchard suites (allgreen) largi more greedy....breakeven ard 1kpsf and sell at 2kpsf

  12. #72
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    Quote Originally Posted by devilplate
    orchard suites (allgreen) largi more greedy....breakeven ard 1kpsf and sell at 2kpsf
    Suites @ Orchard 99-yr LH 2kpsf
    Cityscape F'hold (2 km away from Suites @ Orchard) 1.4psf

    You choose?

  13. #73
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    It would have achieved better sales had the developer downsize each unit to 300 sq ft. Wrong strategy.

  14. #74
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    Obviously if got money sure buy [email protected]
    No money no choice lah have to buy Cityscape that lousy location even though it is about 2km away but traffic jam all the way to Orchard.

    Quote Originally Posted by Rysk
    Suites @ Orchard 99-yr LH 2kpsf
    Cityscape F'hold (2 km away from Suites @ Orchard) 1.4psf

    You choose?

  15. #75
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    Obviously if got money sure buy [email protected]
    No money no choice lah have to buy Cityscape that lousy location but traffic jam all the way to Orchard (much more than 2km away?)

    Quote Originally Posted by Rysk
    Suites @ Orchard 99-yr LH 2kpsf
    Cityscape F'hold (2 km away from Suites @ Orchard) 1.4psf

    You choose?

  16. #76
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    Quote Originally Posted by teddybear
    Obviously if got money sure buy [email protected]
    No money no choice lah have to buy Cityscape that lousy location even though it is about 2km away but traffic jam all the way to Orchard.
    Don't think will get traffic jam.. cos I ever tried using tat stretch of road during morning & evening peak hour.. from Norfolk rd towards Cavenagh rd / turn right to Bt Timah rd / left to Winstedt rd / turn left towards Paragon.. reach Paragon 5-7mins, didn't see any traffic jam

  17. #77
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    Quote Originally Posted by Rysk
    Don't think will get traffic jam.. cos I ever tried using tat stretch of road during morning & evening peak hour.. from Norfolk rd towards Cavenagh rd / turn right to Bt Timah rd / left to Winstedt rd / turn left towards Paragon.. reach Paragon 5-7mins, didn't see any traffic jam
    hows cityscape sales? very bad still?

  18. #78
    OCR properties going to crash!

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    Smack in Balestier, not really a good location over there at Mergui Rd and the place give people a feeling of a bit messy. Traffic to get out onto Norfolk Road is smooth? I am not sure. Balestier Road is real bad and inner area is real bad. Still, $1.4k new one & FH, price Ok lah, better than those OCR selling S$1.2k+ psf and 99LH some more!

    Quote Originally Posted by Rysk
    Don't think will get traffic jam.. cos I ever tried using tat stretch of road during morning & evening peak hour.. from Norfolk rd towards Cavenagh rd / turn right to Bt Timah rd / left to Winstedt rd / turn left towards Paragon.. reach Paragon 5-7mins, didn't see any traffic jam

  19. #79
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    Quote Originally Posted by devilplate
    hows cityscape sales? very bad still?
    Not sure but tink is slow due to steep in price
    Last edited by Rysk; 28-10-10 at 23:22.

  20. #80
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    Quote Originally Posted by teddybear
    Smack in Balestier, not really a good location over there at Mergui Rd and the place give people a feeling of a bit messy. Traffic to get out onto Norfolk Road is smooth? I am not sure. Balestier Road is real bad and inner area is real bad. Still, $1.4k new one & FH, price Ok lah, better than those OCR selling S$1.2k+ psf and 99LH some more!
    Traffic flow is good at Norfolk rd each & everytime I drove past.. maybe in the future when that place is more develop with more & more projects completed.. jam will begin

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