Pasir Ris 8 unofficial "guide price"

Passerboy

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Think those SR/PE/PC bought at 16xxpsf also should be profiting quite decent soon.
Now I can understand why Stirling one bedder recently sold for $23xxpsf, kudos to the one who bought the subsale unit cheaper.
 

NiShiZhu

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Now I can understand why Stirling one bedder recently sold for $23xxpsf, kudos to the one who bought the subsale unit cheaper.
In buyer’s market, one got plenty of choice to pick a good unit at a reasonable price. Easier to exit as well.
In seller’s market, one can only lan lan suck thumb and accept any price for any projects. :o
 

Passerboy

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In buyer’s market, one got plenty of choice to pick a good unit at a reasonable price. Easier to exit as well.
In seller’s market, one can only lan lan suck thumb and accept any price for any projects. :o
Yes, I wonder next year is what market- superb seller market?
 

belgarathc

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Heard 78 units sold tonight under group purchase. Looks like mostly 2 bedders and 3 bedders sold. 1 bedder not so popular today.
 

arctician

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wow 78 units purchased under a consortium for...Pasir Ris? Damn i must be missing out something at 17xx PSF
 

NiShiZhu

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Yes, I wonder next year is what market- superb seller market?
Hearsay next year a lot of GLS released. This is to regulate the current hot market w/o the need to implement CMs. Not sure is it true as I have my doubts.
If really more GLS released, it also means enbloc as good as dead. :o
 

Passerboy

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Hearsay next year a lot of GLS released. This is to regulate the current hot market w/o the need to implement CMs. Not sure is it true as I have my doubts.
If really more GLS released, it also means enbloc as good as dead. :o
My sentiments are exact, I am expecting a huge supply in GLS next year.
 

Zze121

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history repeat itself again
another hot seller
comments i read similar to the past made on mixdev launches, yet they sell out like nobody business
 

arctician

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i predict no CM, govt already said market not overheated, and the price index announced today and volume last few weeks have negated need for CM

I also dont expect a flurry of enbloc activites, govt doesnt want to trigger more hot money flow back to real estate with enbloc

and of course this means in order to achieve above 2 they need to release more GLS land sites ☺️
 

arctician

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history repeat itself again
another hot seller
comments i read similar to the past made on mixdev launches, yet they sell out like nobody business
economy recover play bro, i believe we still at start of economic recovery cycle

thats why i still willing to allocate 20-30% of my cash to equities, i usually pull out when valuations get too high
 

belgarathc

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wow 78 units purchased under a consortium for...Pasir Ris? Damn i must be missing out something at 17xx PSF
I thought Group purchase refers to families or people who bought more than one unit at a go. I am not too sure though so better let the resident agents explain. :)
 

NiShiZhu

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i predict no CM, govt already said market not overheated, and the price index announced today and volume last few weeks have negated need for CM

I also dont expect a flurry of enbloc activites, govt doesnt want to trigger more hot money flow back to real estate with enbloc

and of course this means in order to achieve above 2 they need to release more GLS land sites ☺️
CMs is like already died of natural death.
Enbloc activities is something Govt do not want to see. Enbloc it is like recycling back the money with more hot money flowing back into prop market.
yea, the only way is to release more GLS.
but judging from the buying frenzy, they really need to release a lot of land site to really flood the market in order to regulate buying sentiments. :o
 

arctician

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I thought Group purchase refers to families or people who bought more than one unit at a go. I am not too sure though so better let the resident agents explain. :)
i have no idea too but how come ppl can buy before launch or VVIP preview?
 

arctician

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CMs is like already died of natural death.
Enbloc activities is something Govt do not want to see, it is like recycling the money with more hot money flowing into market.
yea, the only way is to release more GLS.
but judging from the buying frenzy, they really need to release a lot of land site to really flood the market in order to regulate buying sentiments. :o
i believe the release of GLS have to be measured and calibrated too, otherwise they will cause construction inflation due to lack of workers, then it become another set of problem and developer has to raise price further to maintain margins..so govt between a rock n hard place
 

NiShiZhu

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i have no idea too but how come ppl can buy before launch or VVIP preview?
These buyers r probably business associates or own pple that have dealings with all green.
A few new launches in the past also did the same thing.
 

mementomori

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Hearsay next year a lot of GLS released. This is to regulate the current hot market w/o the need to implement CMs. Not sure is it true as I have my doubts.
If really more GLS released, it also means enbloc as good as dead. :o
Your hearsay from where one

But it does make sense, gls stimulates the economy, satisfies citizens with more land for amenities and housing, property developers also happy got more work, don't scare away the rich with cooling measures
 
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