筍盤來了!!!Canninghill Piers

ThinkCarefully

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I think slowing down already, probably stop at ard 70% mark

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There is still tomorrow (launch weekend)
Think 70-80% is about just right.

The rest just raise prices and wait for VTLs and sudden interest buyers...
It is natural for later buyers of hot items
to pay more as not much stock left...

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NiShiZhu

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He thinks you more likely to put your 1.xx mil into this trophy than in the milo tin... haha..

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Honestly I wanted but last minute I humji.
that amount I really can do a lot of other things. Buy property greatest motivation is to be able to leverage, but in my situation cannot. So lost that motivation. Unless it’s dirt cheap.
 

ThinkCarefully

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Honestly I wanted but last minute I humji.
that amount I really can do a lot of other things. Buy property greatest motivation is to be able to leverage, but in my situation cannot. So lost that motivation. Unless it’s dirt cheap.

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This is one project trophy collector will consider.

Gain or loss will depend on finding another collector with similar interests/ view

Looking at take up rate, appreciators for such trophy are more in abundance than nearby, cheaper non-so-trophy product...


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CaptainSGP

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Agreed that abit reckless and FOMO but can't find other condos with unblocked MBS view. Dream house is really South Beach but the entry price 🤕
The unblocked MBS view will always have a premium attached to it. Imagine during Teams/Zoom meetings, u can show off your background - real background. Not some fake background !

It is of value especially if u r a Property Agent or Insurance Agent !
 

CaptainSGP

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I expected them to up price but so far didn’t. That’s why at this rate, going to breach 70%…
Super hot property market. Tmr all other new launches will have many purchases due to spillover. Won’t be surprised if price go up a lot after today.
 

Verghez

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It’s true though. They definitely left some ‘meat’ on the table. If they increased it some, it’d still have sold well even if only 80ish% sold.
 

Verghez

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Super hot property market. Tmr all other new launches will have many purchases due to spillover. Won’t be surprised if price go up a lot after today.
I personally feel spillover effects will be quite minimal. The best bet is giving bigger discounts to catch the wave. At least may capture a few buyers possibly
 

ThinkCarefully

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This means developer priced it too Low..

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Right pricing.
Any higher may shift momentum and then sales may not end up like that...

70-80% is very very good result.
Enough to generate cash flow
Enough stock to play games
I do not know if they reserve certain stack or floor..

Unlike PR8... that one really priced too Low at start


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ThinkCarefully

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I personally feel spillover effects will be quite minimal. The best bet is giving bigger discounts to catch the wave. At least may capture a few buyers possibly

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I feel different class of buyers.

Those interested in Sentosa cove may not be interested in Reflection...

But never know...those with not as deep pockets may change their choice

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Passerboy

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Bro, U siao arh? :(
This project higher quantum and psf than Midtown Modern, OPB, Jervois Mansion and Irwell Hill Res all of which are alr high, yet more units sold on day one. Isn’t it priced too Low bro.

if they price 5-10% higher, would still sell 50% I think..
 
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