Treasure at Tampines

1993newbie

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Saw on FB.. on former Changi Garden. (Opp Changi prison)

🔥🔥 HOT FROM THE OVEN🔥🔥

🍀PARC KOMO INDICATIVE PRICING🍀

Average psf $1450psf Only ‼‼ 😱😱 (For Freehold + Mixed Development)

1BR from $663K (452 sqft) $1,467
2BR from $871K (614 sqft) $1,418
3BR from $1.294M (915 sqft) $1,414
4 & 5 BR - Price on application”

A lil more exp than Jovell price for a freehold development at Loyang enclave.
 
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Broadwalk

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Saw on FB.. on former Changi Garden. (Opp Changi prison)

🔥🔥 HOT FROM THE OVEN🔥🔥

🍀PARC KOMO INDICATIVE PRICING🍀

Average psf $1450psf Only ‼‼ 😱😱 (For Freehold + Mixed Development)

1BR from $663K (452 sqft) $1,467
2BR from $871K (614 sqft) $1,418
3BR from $1.294M (915 sqft) $1,414
4 & 5 BR - Price on application”

A lil more exp than Jovell price for a freehold development at Loyang enclave.

That location is very bad and congested also selling at 1400psf. :o:o:o
 

ThinkCarefully

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microtek

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After first launch weekend, sold 4% of total.
Closed sf. Now another launch weekend, with star buys (some 10% to 20% lower) sold 10% of total.
After 20 launches can sell all? Outstanding 👏

If they can launch today at $1,000psf, sure sell out in 2hrs. :s13:
 

annetyu

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I think 1800psf will also sell out during this 2-3years period ?

Will developer make any profit if sell at 1800psf ?

Some analysts previously said break even was aro 1600psf, not sure if they took into account the commercial aspect of the project.

We should stop bothering about developers profit margin. Buyers should not be bearing the consequence of their mistakes.

Hard to say $1800 will be sold out with current market sentiments and those KS / ‘euphoric’ buyers already shot their bullets.
 

batdow

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Some analysts previously said break even was aro 1600psf, not sure if they took into account the commercial aspect of the project.

We should stop bothering about developers profit margin. Buyers should not be bearing the consequence of their mistakes.

Hard to say $1800 will be sold out with current market sentiments and those KS / ‘euphoric’ buyers already shot their bullets.
developers just anyhow bid since they know buyers willing to pay based on their breakeven cost
 

annetyu

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developers just anyhow bid since they know buyers willing to pay based on their breakeven cost

Thats how agents always market their projects, referencing to breakeven cost of future projects, making buyers panic and snap up thousands of overpriced units last year. :s13:

But yes as broadwalk said, many rich singaporeans so still possible to sell. Good to be developer, provided future land bids continue to be bullish which does not seem to be the case.
 

Broadwalk

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Thats how agents always market their projects, referencing to breakeven cost of future projects, making buyers panic and snap up thousands of overpriced units last year. :s13:

But yes as broadwalk said, many rich singaporeans so still possible to sell. Good to be developer, provided future land bids continue to be bullish which does not seem to be the case.

I am looking for landed. :o I searched in guru website the price all very stiff and refuse to budge. :o
 
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