筍盤來了！！！Canninghill Piers

[ThinkCarefully]

Do u guys feel starting at 1.16mil for CHP one bedder still got meat?
I think there’s better chance of making profit if to spend this amount on Clavon 2 bedder instead if can turn back time

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Bro, trophy different from mass market valuation leh.
Meat is like beauty that lies in the eyes of the beholder. The ‘meat’ is what another collector behold.

Like an art piece, if you ask me, anything more than 2000, I shall not buy. However at auctions, the auctioneer will say something like this is a masterclass, constructed 202x only one of its kind beauty, etc and people pay xx million.


(Some agency good at making videos that sound like the auctioneer above.)

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[dareaper]

Indicative price (estimate):
1-Bedroom (409sf - 463sf) from $1.16m, >$2836 psf
1+Study 474sf - 560sf from $1.29m, > $2721 psf
2+Study / 2+Ensuite Study / 2-Bedroom (732sf - 883sf) from $2.16m, >$2950 psf
2 Bedroom units are from Level 25 onward.

3-Bedroom (893sf - 1259sf) from $2.75m, >$3079 psf
3-Bedroom Premium (1313sf) $3.72m, > $2833 psf
4 Bedroom Premium f (1755sf - 1959sf) from $5.22m, >$2974 psf
5-Bedroom Premium (2788sf) from $8.1m (from Level 25 onward), >$2905 psf

The 2 bedder price seem like close to Landmark (park facing) and OPB comparing same floor at 25th level (depends on facing).

However, the "From price..." could be the bait, the rest could be even priced higher given this is a trophy development.

there's bigger 2 bedders starting at level 4 (809 sqft onwards), but the 732 sqft units would be level 25 upwards.
There's still a chance that the cheapest 2 bedder is the one at level 4, 809 sqft, then psf would be around 2670 psf... still not cheap any way.

 

[zaclee]

Bro, this is a trophy development. Why rent? Buy and stay for the rich.
Can't rent out? Let it be vacant. LOL

This is a reality - some just don’t like to rent out their property and rather leave it vacant, or use it as a holiday or entertainment home.

 

[daheigou999]

This is a reality - some just don’t like to rent out their property and rather leave it vacant, or use it as a holiday or entertainment home.

Clarke Quay is a good place to have an entertainment home Convenient

 

[cutiedoggy92]

1.16m sounds cheap. What is the maintenance fee?

I believe it’s 398 for 1br and then parking is season parking which is easily 100-150/month

 

[normoh]

They price is so that at least 20% would be wealthy foreigners and 40% investors.

 

[The_Davis]

I already very depressed and u still rub salt on my wound
Looks like no hope to buy my CHP toilet cubicle

Maybe can buy aircon ledge?

 

[ThinkCarefully]

Maybe can buy aircon ledge?

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Or some air space if there is high ceiling?

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[19931993]

go for landmark instead? btw, landmark has zero sales last month lol. not that great also

 

[LWZ]

need more FTs to come here so the units can be rented out !

 

[scanner007]

go for landmark instead? btw, landmark has zero sales last month lol. not that great also

Suspect could be the low key in marketing and perhaps commission not as high as some other projects?
Location, amenities wise, it should score well, since it is so close to CHP, Robertson Quay, Boat Quay, Chinatown, all prime locations.
Well, I might be bias because I have vested interest. LOL
I will be also, if CHP is priced attractively, I will go for my trophy property.

 

[Passerboy]

go for landmark instead? btw, landmark has zero sales last month lol. not that great also

Wait till CHP is launched, then should have some sales alr

Suspect could be the low key in marketing and perhaps commission not as high as some other projects?
Location, amenities wise, it should score well, since it is so close to CHP, Robertson Quay, Boat Quay, Chinatown, all prime locations.
Well, I might be bias because I have vested interest. LOL
I will be also, if CHP is priced attractively, I will go for my trophy property.

If Landmark continues to have zero sales in Nov when CHP launch then I’m very perplex.

Either buyers indeed have very deep pockets and love a or they simply do not know of the existence of Landmark.

 

[daheigou999]

If Landmark continues to have zero sales in Nov when CHP launch then I’m very perplex.

This is an important month for Landmark

If the project doesn’t get residual buyers from CHP, then it just shows that the demand volume is different / weak

 

[NiShiZhu]

Wait till CHP is launched, then should have some sales alr

If Landmark continues to have zero sales in Nov when CHP launch then I’m very perplex.

Either buyers indeed have very deep pockets and love a or they simply do not know of the existence of Landmark.

Is it becoz LM has only 396units and that means limited facilities compared to big projects like NP, and thus, not popular among buyers? I dunno, just guessing.

 

[Passerboy]

Is it becoz LM has only 396units and that means limited facilities compared to big projects like NP, and thus, not popular among buyers? I dunno, just guessing.

I also looked at this angle, the facilities seems great tbh. I felt that the marketing is too subdued or even non existent.

think ASR sold 18 units and One Bernam 3 units up till 24 Oct. prices even crossed $28xxpsf for One Bernam.

 

[scanner007]

Unless, like some bro here interested to buy Landmarks, but wife doesn't like the surroundings?
Government better quickly expedite the en-blocked over Landmarks surrounding quickly.

Yeah, there could be CHP spill over effect
If en-block is on the card, will price adjust upwards again?

Doesn't make any logic sense why sale slow. LOL

 

[Passerboy]

Let’s make a comparison:

One bedder at Landmark on 20th floor 495sqf 2295psf $1.14m vs another one bedder at One Bernam on 23rd floor 441sqf 2850psf $1.257m..

Both transacted recently...which is better,I thought it’s pretty obvious.

 

[scanner007]

Let’s make a comparison:

One bedder at Landmark on 20th floor 495sqf 2295psf $1.14m vs another one bedder at One Bernam on 23rd floor 441sqf 2850psf $1.257m..

Both transacted recently...which is better,I thought it’s pretty obvious.

At this level, the 1 bedder over Landmarks view will be as good as those over OPB or close to/equivalent to CHP(depends on CHP facing). Its obvious for me.

 

[daheigou999]

Doesn't make any logic sense why sale slow. LOL

Need to watch the demand volume closely vs. CHP launch

People here are mostly concerned with price/bargain, but we should recognize that there are other attraction factors out there

 

[ThinkCarefully]

Need to watch the demand volume closely vs. CHP launch

People here are mostly concerned with price/bargain, but we should recognize that there are other attraction factors out there

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Agree. Real trophy collectors think differently..

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