筍盤來了！！！Canninghill Piers

[LordEquniox]

06 Jun 2022	#28-01 sold!
05 Jun 2022	#04-01 sold!
04 Jun 2022	#15-05 sold!

 

[dareaper]

04-20 Low floor how to increase $300k?

Cos they left only 4 units of 3 bedders, can afford to sell one unit per year after raising price. Eventually if cannot sell after TOP, can still give discount as a star buy unit...

 

[䏣炆玧示老太]

https://canninghillpier.sg/balance/wow shunpoon maybe can sell out by end of Q3 even

 

[Gibbfa]

25 June #11-11 sold!

 

[momoeagle]

A friend bought this. Pure cash, no loan.

 

[Gibbfa]

A friend bought this. Pure cash, no loan.

Wow

 

[CaptainSGP]

A friend bought this. Pure cash, no loan.

Is the foundation stage completed ? Want loan if foundation not completed also cannot

 

[momoeagle]

Is the foundation stage completed ? Want loan if foundation not completed also cannot

Nope. As such, not pay in full yet..
That's how pure cash was used, and because bought using trust for kid.

Supposedly the money problem come in few years later. Can probably flip by then.

 

[momoeagle]

Like that not right la, some self-styled pig guru say buy property must take loan for the leverage. LOL that’s why I say frog in well. Full cash is the new trend.

Friend wanted leverage. It's the way to go.

But not eligible that's all. Else if buy under own name will kenna ABSD.

 

[CaptainSGP]

Nope. As such, not pay in full yet..
That's how pure cash was used, and because bought using trust for kid.

Supposedly the money problem come in few years later. Can probably flip by then.

If rich, no issues, any loss just spare change. If just an upper middle class aiming to flip and don’t do cash flow risk management, I’m afraid this will go down in the history books as irrational exuberance.

 

[momoeagle]

If rich, no issues, any loss just spare change. If just an upper middle class aiming to flip and don’t do cash flow risk management, I’m afraid this will go down in the history books as irrational exuberance.

He has 2 residential properties and 2 industrial properties before this. I suppose I can believe his financial prudence I hope.

 

[Bubble2030]

Like that not right la, some self-styled pig guru say buy property must take loan for the leverage. LOL that’s why I say frog in well. Full cash is the new trend.

you pay only full cash is your yield on deposits if lower than the cost of financing. now with IR on rise it may really be in trend to pay full cash..last 3-5 years i will say leverage is way to go

 

[LordEquniox]

1 out of 4 sky suite sold! Left 41 units out of 696. 94.1% SOLD

06 Jul 2022	#10-05, #46-08 sold!
04 Jul 2022	#47-05 sold!
27 Jun 2022	#12-27 sold!
24 Jun 2022	#11-11, #46-03 sold!
22 Jun 2022	#41-05 sold!
21 Jun 2022	#11-05, #12-05, #13-05, #14-22 sold!

 

[Gibbfa]

1 out of 4 sky suite sold! Left 41 units out of 696. 94.1% SOLD

06 Jul 2022	#10-05, #46-08 sold!
04 Jul 2022	#47-05 sold!
27 Jun 2022	#12-27 sold!
24 Jun 2022	#11-11, #46-03 sold!
22 Jun 2022	#41-05 sold!
21 Jun 2022	#11-05, #12-05, #13-05, #14-22 sold!

Great performance . 94% sold after 7months!!

seems will hit 100% soon

 

[LordEquniox]

wow another sold
40 units left

12 Jul 2022	#43-02 sold!

 

[joecuk]

How much advance notice will we be given before we need to wire over the 10% after Foundation completion?

Is Foundation completion still expected in Q3 2022, i.e. any time between now and 30th Sep 2022?

 

[scanner007]

How much advance notice will we be given before we need to wire over the 10% after Foundation completion?

Is Foundation completion still expected in Q3 2022, i.e. any time between now and 30th Sep 2022?

Check with your law firm. They should rep you in talking to the developer's law firm.

 

[Gibbfa]

Check with your law firm. They should rep you in talking to the developer's law firm.

Some law firms are lousy and expect you to be on your toes for payments

 

[Verghez]

Some law firms are lousy and expect you to be on your toes for payments

Please post here when got news, keep fellow bros informed! I think 4Q tho..

 

[scanner007]

Some law firms are lousy and expect you to be on your toes for payments

You mean yours? LOL