Pasir Ris 8 unofficial "guide price"

[chopra]

i am surprised, i read the 40 year mark benchmark from stacked, usually no LH condo will go beyond 40 years due to wear and tear..i google enbloc calculator in edgeprop it couldnt even find this project. i think this project hard to enbloc because it seem like a mixed development above BW, or kind of sit on same land site.

Thats why though there is a hype for integrated dev now..personally i am careful because i am unsure on long term implication for exit..unless price is very good

Yes wonder what needs to be done at every critical junction. So what happen after 40yrs? Are we expecting some private developers to outbid each other to buy the enbloc

 

[Broadwalk]

Really no chance to buy Condo and landed already. I am feeling pretty down.

 

[arctician]

Yes wonder what needs to be done at every critical junction. So what happen after 40yrs? Are we expecting some private developers to outbid each other to buy the enbloc

for 99LH yes, i am quite sure economically it will make sense once the gap between new and resale LH rises to >50% with lease decay...vs bidding for GLS

for mixed development i am not sure, its not so simple where you get 80% vote from owners, there are retail and commerical spaces and owners to be taken into acct, too new with no case study

 

[daheigou999]

Really no chance to buy Condo and landed already. I am feeling pretty down.

Just keep going to showflat At least you get free aircon and company

 

[Rxgn]

lets wait sep see uol's water garden launch price..

 

[sgpropertyblog]

lets wait sep see uol's water garden launch price..

no la no money to buy linq lol..its one of the projects along toh tuck. Grew up in the west so got one nearby.

Allgreen did huat big for PR8, their land cost is very low at $684 PSF, after factoring in construction costs and SG&A, estimated 15-20% profit margin is at $1.5k psf, at $2.1k psf their profit margin is ~40-50%



for a $2m ppty thats $20-40k already very painful, minimal to you but not to me lol.

i also saw ki with 4% increase, there are other projects like verdale, parc clementis thats increasing price at end july, but no % being announced.

if anyone has the full list that will be great, so far what i recv from agent was
- Ki 4%
- coastline 2-3%
- Normanton park 2%
- Penrose 2%
- MIdwood / Antares/ Verdale / Avenue South / SKG / Parc Clementis % unknown but will increase

Sgr increased by 1.25% for 3/4bedders
2.5% for 2 bedders

PCR Iincreased by $20k

NP -2%

the rest tbc
clavon
kent ridge hill
avenue south

 

[CaptainSGP]

Anyone knows when URA website will show the PR8 transactions ?

 

[Passerboy]

Anyone knows when URA website will show the PR8 transactions ?

Aft 3pm today..

 

[1993newbie]

CAVEAT OUT, sales over the weekend.

416 out of 487 sold! 85.4%.
lowest psf $1411
highest psf $2084psf (2 units)

Amazing that it only took 2 OCR units priced above $2000psf to conclude HUAT in SG property and thanks to the 2 units, developers from other projects increase their price too. HUAT AH!

No $19xxpsf tho

 

[1993newbie]

1 bedder > $842k-$939k

PPR resale price near near le
low $9xxk reminds me of Reef

 

[CaptainSGP]

Aft 3pm today..

Thanks

There is NO 21xx psf.

Only 2 units transacted at $2084 psf, another 3 transacted at 18xx psf.

Only 5 units (around 1% of all units) transacted at above 1800psf.

Average psf is 1613 psf.

I think all the new launch buyers need to take a chill pill.

 

[kelvinkezz]

Created a simple chart to analyze the transactions.

The average transacted prices are as follow:
1 bedder: 1.7k psf
2 bedder: 1.64k psf
3 bedder: 1.5k psf
4 bedder & above: $1.58k psf

 

[Passerboy]

Thanks

There is NO 21xx psf.

Only 2 units transacted at $2084 psf, another 3 transacted at 18xx psf.

Only 5 units (around 1% of all units) transacted at above 1800psf.

Average psf is 1613 psf.

I think all the new launch buyers need to take a chill pill.

Scintillating kind of news reporting.

I physically browsed the caveats lodged looking out for $2000psf up, alas, thought my eyes were playing tricks till I found two units.

and everyone is caught up w debating on the $2000psf unit. These are the outliers. Majority got a unit at a reasonable price. Congrats all! But it’s amazing how news drives everyone into a frenzy.

 

[Passerboy]

CAVEAT OUT, sales over the weekend.

416 out of 487 sold! 85.4%.
lowest psf $1411
highest psf $2084psf (2 units)

Amazing that it only took 2 OCR units priced above $2000psf to conclude HUAT in SG property and thanks to the 2 units, developers from other projects increase their price too. HUAT AH!

No $19xxpsf tho

The way the article is written really amazing. I was expecting more than two units transacting above $2000psf.

 

[kelvinkezz]

 

[bujingyun82]

This is how market exuberance is being created. Otherwise how they earn $…

 

[Entity]

seems the three bedder buyers have entered at a good price. congrats!!

 

[kelvinkezz]

seems the three bedder buyers have entered at a good price. congrats!!

Yea, $1,500+psf for the 3 bedders is quite a good price except for the 2 outliers who paid $1,800+psf

 

[Passerboy]

Nice chart!

148 buyers got a unit at a good price! Congrats to them!

 

[rockmillion]

so what is the conclusion for the average psf ?

Huat or no Huat