Reserve Residences

[Nanonited]

Just make own decision, EC give reserve 7/10 and TC 8/10. JNA both founders went buy marina one and Meyer mansion. Both have their own interests, but latter more inclined to promote Newport and D15

Nonetheless a good showing BY RR considering sentiment have peaked last year and government just came out with CM

More than a good showing… means market is still super hot.. people telling the govt their cooling measures doesnt affect demand at all… maybe change name to “Extra Revenue measures” since nothing is cooled.

only cooling measure that seems to work now is releasing a lot of supply in one area..

 

[Rxgn]

Only 550 units launch

https://www.edgeprop.sg/property-ne...g/tep-solr/api/articles/getArticlesRssNew.php

 

[petetherock]

Only 550 units launch

https://www.edgeprop.sg/property-ne...g/tep-solr/api/articles/getArticlesRssNew.php

All done to ensure a good percentage..
they don’t want to lose face
A lot at stake

 

[jeffong]

Balloting going on since 10am and till now already hit 11xx

 

[sellipad2]

Balloting going on since 10am and till now already hit 11xx

No luck from my side got a number in middle, time to go try Pine hill, lendor Hill or Garden.

Likely will hit 70-80% sold on launch day for the 500+ units launched

 

[ktyandkyc]

No luck from my side got a number in middle, time to go try Pine hill, lendor Hill or Garden.

Likely will hit 70-80% sold on launch day for the 500+ units launched

Hope will have 24xx remaining units for u!

 

[sellipad2]

Hope will have 24xx remaining units for u!

Doubt so, don't forget got vvip priority and vvip for agents and bulk buy too. By the time my turn probably left all the 3-5mil quantum units, may as well get landed down dunearn

 

[ktyandkyc]

Doubt so, don't forget got vvip priority and vvip for agents and bulk buy too. By the time my turn probably left all the 3-5mil quantum units, may as well get landed down dunearn

Ohh u eyeing 2 bedder rite? Not three? If three I thought may have ba, perhaps low 25

 

[googoogaga]

No luck from my side got a number in middle, time to go try Pine hill, lendor Hill or Garden.

Likely will hit 70-80% sold on launch day for the 500+ units launched

The Developer is scared to show bad numbers.
70 to 80% of 550 units is 55+% of total units. If they believe they can sell 50+% of the total units they would have released the full units.
I think it will be 40% of 550 units.

 

[ktyandkyc]

The Developer is scared to show bad numbers.
70 to 80% of 550 units is 55+% of total units. If they believe they can sell 50+% of the total units they would have released the full units.
I think it will be 40% of 550 units.

But still good showing nonetheless

 

[sellipad2]

The Developer is scared to show bad numbers.
70 to 80% of 550 units is 55+% of total units. If they believe they can sell 50+% of the total units they would have released the full units.
I think it will be 40% of 550 units.

Unlikely, historically for most projects conversion rate has always been around 30% of cheque count, never see 15% conversion before.

Of course your scenario is possible if FEO pull stunt and launch at $26xx and just throw 1 unit at their indicative

I suspect they keeping the 25% high quantum units to either target foreigners when sentiment improves, or use it to stage pricing

Far east sell high, and sell slow.

 

[petetherock]

I understand from a friend who was part of the first VVIP crowd that they had to choose units w/o knowing the actual price?
Wow...

 

[petetherock]

Balloting going on since 10am and till now already hit 11xx

I understand that it stopped at 14xx...
Don't know whether that's high or not.. but I'm sure they will mention it was three times or so overscribed.
If they released everything, then they can't boast of such solid responses..

 

[De SantaClaus]

I understand that it stopped at 14xx...
Don't know whether that's high or not.. but I'm sure they will mention it was three times or so overscribed.
If they released everything, then they can't boast of such solid responses..

From what i can remember, only a few new launches exceeded 1400 cheques since covid.

Penrose, Normanton Park, Amo, Lentor Modern, Piccadilly Grand, PR8

 

[Braun8]

I understand from a friend who was part of the first VVIP crowd that they had to choose units w/o knowing the actual price?
Wow...

That's crazy, is this a normal developer practice?

 

[xtwis7]

I understand from a friend who was part of the first VVIP crowd that they had to choose units w/o knowing the actual price?
Wow...

Lol we really deserve this since many buyers are going in with the mentality where it is 100% guaranteed bao tan investment. Next time just make it blind box buying. You throw cheque means you’re committing.

Since it’s a false demand so unless this changes, developers just laughing all the way to the bank.

 

[ThinkCarefully]

The Developer is scared to show bad numbers.
70 to 80% of 550 units is 55+% of total units. If they believe they can sell 50+% of the total units they would have released the full units.
I think it will be 40% of 550 units.

####

can watch one of Eric’s video...

might as well launch 10 units and then sell 11 and claim to have sold out 110%...


Let’s see how it pans out...

think some bro has already shared the guide price

######

 

[ThinkCarefully]

Lol we really deserve this since many buyers are going in with the mentality where it is 100% guaranteed bao tan investment. Next time just make it blind box buying. You throw cheque means you’re committing.

Since it’s a false demand so unless this changes, developers just laughing all the way to the bank.

####

wish all balloting all the best...

happy can already..

bro carrot already shared his experience with FEO

######

 

[Kamikaze55555]

no luck too, got a number in the middle as well. save money

 

[jeffong]

got a number in the mid 200's, not sure whether even worth checking it out since most of the low PSF units will be gone by then.