Pasir Ris 8 unofficial "guide price"

[Passerboy]

Hi All.

I gotten a unit in Pasir Ris. Will like to start a telegram channel for future residents of Pasir Ris 8. Please PM me if you are keen.

Congrats!

 

[Applephilic]

Developer gave the impression that it is launching at $17xxpsf then on launch day pulled a nice surprise launching at $14-15xxpsf.

The sales proved that they really did well in managing expectations.

This might be a good tactic to play go in. Managing the expectation of consumers works wonder

 

[limy0143]

Ppl saying Q2 private condo price index softening. This new launch good sales may push up index in 3Q I guess?

 

[bujingyun82]

Congratulations to all the buyers!

 

[hirokassy]

any picture to show how many are sold??

 

[bujingyun82]

Sales still on-going it seems. 417 units sold. >85% already.

 

[ThinkCarefully]

Land price for TM $9xxpsf sell $16xxpsf should be have profits alr?

This Pasir Ris site while land price was $6xxpsf, aft lease top up and the building of the amenities and all, hearsay land price $8xxpsf sell $14xxpsf - $15xxpsf also decent profit bah. Can’t be allgreen sell at loss right, ppl predicted $17xxpsf wor.

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Think you missed my point.

PR8, if indeed 1,7xx psf, developer makes about 50% margin.

Today we are seeing about 15xx to 16xx psf avg selling price ... of course still make margin lah, just that it is not 50%, Maybe 3x%, ... very healthy compared to avg 15%...

For TM, I don’t have the numbers, but think 1,6xx psf is not 15% margin..

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[ThinkCarefully]

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Looks like 9x % sold over launch weekend...

Lai Lai Guess x.

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Lai Lai Lai, Guess x

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[Clazav]

Sales still on-going it seems. 417 units sold. >85% already.

Should have sold at higher price. Or close the showflat and wait for phase 2.

 

[ThinkCarefully]

Should have sold at higher price. Or close the showflat and wait for phase 2.

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That’s what I felt as well... priced too Low

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[isenggirlz]

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Lai Lai Lai, Guess x

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93% !

 

[holasingapura]

With less than 500 units and over 150,000 residents or 50,000 households in Pasir ris, we simply need 1% of them to pounce for this to sell-out. Considering the current market sentiments and fomo... Congrats to All-green in advance.

The 1% has indeed acted. Congrats to All-green again.

 

[Clazav]

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That’s what I felt as well... priced too Low

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Spoilt market la
Say what like wanna sell at 1.7kpsf.
Actually from the size of the units, can aga aga know developer is gg to sell low in term of psf liao.

Make a fool of all those buyers of skgr, Florence, and even buyers of ec like Parc Central.

 

[Yunita19]

The remaining units is now reopen with 2B1B add $300k almost add 500psf, now $1.4x-1.5m for 7xxsf size n 3Bcompact add almost 400psf, $1.9xm for 10xxsf all previous buyers are in big paper profit now.

 

[NiShiZhu]

Not sure those recently bought midwood at 16xxpsf-17xxpsf, NP at 18xxpsf got what thoughts after seeing PR8 int development many units selling at 14xxpsf.

 

[NiShiZhu]

The remaining units is now reopen with 2B1B add $300k almost add 500psf, now $1.4x-1.5m for 7xxsf size n 3Bcompact add almost 400psf, $1.9xm for 10xxsf all previous buyers are in big paper profit now.

Hehe isn’t it too late now for all green to do last minute salvation? This project already near sell out.
anyway if they do so, no one will buy la.

 

[Passerboy]

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Think you missed my point.

PR8, if indeed 1,7xx psf, developer makes about 50% margin.

Today we are seeing about 15xx to 16xx psf avg selling price ... of course still make margin lah, just that it is not 50%, Maybe 3x%, ... very healthy compared to avg 15%...

For TM, I don’t have the numbers, but think 1,6xx psf is not 15% margin..

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Oh ya, if referring to profit margin levels then yes at $14-15xxpsf allgreen makes less profit.

Think $16xxpsf for TM still more than 15% profit margin, based on land cost of $9xxpsf (correct me if wrong).

 

[Passerboy]

Not sure those recently bought midwood at 16xxpsf-17xxpsf, NP at 18xxpsf got what thoughts after seeing PR8 int development many units selling at 14xxpsf.

And those who bought Treasure Tamp at $14xxpsf..

 

[Passerboy]

Should have sold at higher price. Or close the showflat and wait for phase 2.

They should have adopted the tactic of Lendlease for Park Place Residences sell x percentage then close show flat relaunch one year later.

hearsay, they revised prices upwards for all remaining units alr. 85% sold. Huat to all who got in early.

 

[NiShiZhu]

Looks like watergarden now need to adjust their price lower to attract buyers.
14xxpsf buy WG for what, lol