All CBD/CCR new launch , Newport, sky waters, TMW maxwell, marina view

[roflolmao]

Some people love the convenience, met a retiree staying in an Orchard condo near the mrt, has good restaurants nearby and he doesn’t need a car anymore. But I agree that the use cases for most singaporeans appear less attractive

Might as well stay at queenstown and take mrt to tanjong pagar or keong siak road, or even Holland village

 

[MrGDebonair]

Might as well stay at queenstown and take mrt to tanjong pagar or keong siak road, or even Holland village

Sure but close enough la, those are CCR also save for Queenstown?

 

[Iridiumguy]

The 324-unit TMW Maxwell is part of a mixed-use development on Tras Street, within the Tanjong Pagar Conservation Shophouse Area in District 2 and near Chinatown. The 99-year leasehold TMW Maxwell is a redevelopment of the former Maxwell House, which the consortium purchased en bloc for $276.8 million in 2021.
As the original site has 'Commercial' zoning, the developer is not subjected to ABSD nor under pressure to sell out all the residential units within five years to be eligible for an ABSD remission.

Can slowly slowly sell at carrot price lor... from edgeprop

 

[Mephist0pheLes]

https://www.edgeprop.sg/property-news/weekend-launches-yield-sales-52-units-across-three-projects
Edgeprop still selling TMW as a good buy at $3,310 psf lol

 

[ctstalin]

TMW developer they only released 80 units

 

[aabbccddeeffgg]

TMW should announce they released 8 units, 7 sold means almost 90%. Gianpng kiasu sinkies hear already will chiong down to pay $4000 psf

 

[DevilPlate]

https://www.edgeprop.sg/property-news/weekend-launches-yield-sales-52-units-across-three-projects
Edgeprop still selling TMW as a good buy at $3,310 psf lol

They use Midtown Modern to justify 3kpsf+.

I look at Duo Resi profitable tx, only those bot at below 2k psf can make money.

 

[moneyspinner]

TMW is a lousy overpriced development!

 

[timsim]

Edgeprop still selling TMW as a good buy at $3,310 psf lol

are there still room for growth at this kind of entry price?

 

[Iridiumguy]

are there still room for growth at this kind of entry price?

Someone bought at like 38XX psf I think…

 

[gonewiththesmart]

TMW is Resi?


Quote
https://www.edgeprop.sg/property-news/weekend-launches-yield-sales-52-units-across-three-projects
"TMW Maxwell is the first of four residential projects to be launched in Singapore's CBD," says ERA's Chu. The other launches in the pipeline include Perennial Holdings and Alibaba's 215-unit Skywaters Residences (redevelopment of the former AXA Tower at 8 Shenton Way), City Developments' 246-unit Newport Residences (former FujiXerox Towers at Anson Road) and IOI Properties' 748-unit Marina View Residences.

 

[Forever84]

Someone bought at like 38XX psf I think…

This is what someone with lot of money to lose looks like

 

[DevilPlate]

are there still room for growth at this kind of entry price?

got room to lose money

 

[jeffong]

TMW is Resi?


Quote
https://www.edgeprop.sg/property-news/weekend-launches-yield-sales-52-units-across-three-projects
"TMW Maxwell is the first of four residential projects to be launched in Singapore's CBD," says ERA's Chu. The other launches in the pipeline include Perennial Holdings and Alibaba's 215-unit Skywaters Residences (redevelopment of the former AXA Tower at 8 Shenton Way), City Developments' 246-unit Newport Residences (former FujiXerox Towers at Anson Road) and IOI Properties' 748-unit Marina View Residences.

Later those 7 units are insider sales in order to avoid the sia suay image of not even one sold to the public..

 

[mini_cow]

They use Midtown Modern to justify 3kpsf+.

I look at Duo Resi profitable tx, only those bot at below 2k psf can make money.

one bernam not even fully sold at a lower psf....

 

[DevilPlate]

one bernam not even fully sold at a lower psf....

Also One Bernam can make money anot already a big question mark haha

 

[mini_cow]

Also One Bernam can make money anot already a big question mark haha

exactly but i didnt want to raise this. I have friends who bought into it....

so when i see TMW going at 3k psf. and i see so many new launches in the area. i just....stand back and observe.

if i have nothing positive to say best not to say anything

 

[page||]

Means get ready for future fire sales lo…. Provided u want invested in cbd condo..

 

[Iridiumguy]

Means get ready for future fire sales lo…. Provided u want invested in cbd condo..

Why got fire sales? Apart from One bernam, the rest have no 35% ABSD remission to worry about. All ex commercial and white plots

 

[Johnpierpontmorgan]

https://www.edgeprop.sg/property-news/weekend-launches-yield-sales-52-units-across-three-projects
Edgeprop still selling TMW as a good buy at $3,310 psf lol

Cbd is prime district