PARC ESTA - THREAD

[NiShiZhu]

Asking price dropped..

Hehe, mentioned before it’s just a test water listing.
Seller n agent need to be realistic and logical.
If PPR (who is leading the pack in D14), can’t sell more than 2kpsf, how can PE hit 2kpsf?
Don’t worry, the asking price for this unit will go lower somemore unless PPR price moves up.

 

[1993newbie]

Hehe, mentioned before it’s just a test water listing.
Seller n agent need to be realistic and logical.
If PPR (who is leading the pack in D14), can’t sell more than 2kpsf, how can PE hit 2kpsf?
Don’t worry, the asking price for this unit will go lower somemore unless PPR price moves up.

Quick check, D14 FH URBAN TREASURE starts to move. In Nov 21 units sold, $19xxk psf on Average.

D14 LH ANTARES moved 6 units in Nov, $17xxpsf on Average.

 

[NiShiZhu]

Quick check, D14 FH URBAN TREASURE starts to move. In Nov 21 units sold, $19xxk psf on Average.

D14 LH ANTARES moved 6 units in Nov, $17xxpsf on Average.

Hehe, buy UT at 19xxpsf at that location....errr.....lol.
Anyway, I’m always happy to see this kinda transaction.

 

[kpkb]

Wow $19xx psf for UT. Good news indeed for all property investors especially for those vested in the east! I believe matter of time, resale prices will cross $2000 psf easily for better locations in the east eg. D15

 

[1993newbie]

Wow $19xx psf for UT. Good news indeed for all property investors especially for those vested in the east! I believe matter of time, resale prices will cross $2000 psf easily for better locations in the east eg. D15

So far D15 new launch, FH boutique dev OLLOI transacting $16xx-17xxpsf.... good layout I gotta say, better than Tedge.

 

[Passerboy]

Wow $19xx psf for UT. Good news indeed for all property investors especially for those vested in the east! I believe matter of time, resale prices will cross $2000 psf easily for better locations in the east eg. D15

In fact, D15 Amber Road area, one amber (completed in 2010) already has resale transactions crossing $20xxpsf (one in 2018). Amber road already should be the most attas in D15 or the east. Moving forward, should see more resale above $20xxpsf there, when Amber Park stretch of condo move into resale region.

 

[1993newbie]

Bounce out unit for PE resold at same price as last year...

 

[1993newbie]

Park place another unit sold.

 

[Passerboy]

Park place another unit sold.

PPR would surely move up, once Woodleigh Residences come into the resale market. The good old argument of PPR have dual MRT line, Grade A offices, three malls at 20xxpsf vs Woodleigh Residences at 20xxpsf (or even higher). The choice is obvious.

 

[1993newbie]

 

[1993newbie]

PARK PLACE, another one bedder resold.
$950k

 

[1993newbie]

PARK PLACE, another one bedder resold.
$950k

 

[scanner007]

Hmmm.. after deducting the taxes, admins charges, is the profit worth the risk, assuming those investors change hand quickly?

Just thinking aloud.

 

[1993newbie]

Block 906, basic structure stack finish till top floor lo.

Waiting for bus, so kaypo abit la hor.

From mrt

 

[Shingoz]

Hmmm.. after deducting the taxes, admins charges, is the profit worth the risk, assuming those investors change hand quickly?

Just thinking aloud.

Not worth the risk imo. But i tend to think some of them sold it on different circumstances.

 

[daheigou999]

Hmmm.. after deducting the taxes, admins charges, is the profit worth the risk, assuming those investors change hand quickly?

Just thinking aloud.

No, unless you’re an agent yourself or if you managed to skim off comm kickbacks

 

[NiShiZhu]

Which is why if many bros think even the profit is not worth the risk, this shall give us a very good gauge of whether recent new launches are easy to make good profit after top.
Eg, landmark now bought at 20xx/21xxpsf.... hoping to sell 23xxpsf? I’m not even talking about those who bought beyond 22xxpsf.
PE at 18xxpsf/19xxpsf.....hoping to sell 21xxpsf?
Park colonial bought at 20xxpsf.... hoping to sell 22xxpsf?
The linq..... hmmm, I shall spare to elaborate further

 

[daheigou999]

Which is why if u think it’s not worth the risk, this shall give us a very good gauge of whether recent new launches are easy to make good profit after top.
Eg, landmark now bought at 20xx/21xxpsf.... hoping to sell 23xxpsf? I’m not even talking about those who bought beyond 22xxpsf.
PE at 18xxpsf/19xxpsf.....hoping to sell 21xxpsf?
Park colonial bought at 20xxpsf.... hoping to sell 22xxpsf?
The linq..... hmmm, I shall spare to elaborate further

You mean Linq can’t exit at 3k psf in 3 years time??

 

[NiShiZhu]

You mean Linq can’t exit at 3k psf in 3 years time??

Eh bro, don’t set me up ok. I never say that hor

 

[Passerboy]

Which is why if many bros think even the profit is not worth the risk, this shall give us a very good gauge of whether recent new launches are easy to make good profit after top.
Eg, landmark now bought at 20xx/21xxpsf.... hoping to sell 23xxpsf? I’m not even talking about those who bought beyond 22xxpsf.
PE at 18xxpsf/19xxpsf.....hoping to sell 21xxpsf?
Park colonial bought at 20xxpsf.... hoping to sell 22xxpsf?
The linq..... hmmm, I shall spare to elaborate further

On the flip side, there are these projects whose entry price seems “safer”

- Penrose at 14-15xxpsf
- Clavon at 15xxpsf
- Tre Ver at 14-16xxpsf
- Stirling Res at 14-16xxpsf
- Parc Esta at 15-16xxpsf

Think these entry prices for the above projects should still see some profits if exit in the next 3-5 years.