Thomson View En-Bloc

Oftheseas

Oftheseas

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bujingyun82 said:
maybe lower $100m like golden mile can clinch liao.
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I think need to lower by more than $100m for Thomson View. If this plot is GLS, I reckon it’s worth $1250 psf. But being a large enbloc plot with more uncertainty, it will need to be below $1200 psf ppr to attract developers interest.
 
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holasingapura

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kengwee95 said:
The tender for Thomson View Condominium will close at 3pm on June 8 this year.
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images
 
Oftheseas

Oftheseas

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holasingapura said:
Purchased by Singhaiyi. They are the only one who can afford billion dollar alone.

Don't know la, I am not agent. Wait for the news (if any).

Some developers probably retracted offers to participate in GLS.
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There are definitely more developers that have billion dollar war chests, but maybe only one SHY type of thinking. Unfortunately for Thomson View owners, SHY chose Dunman at $1350 psf but not TV at possibly $1200 psf.

Lakepoint enbloc also close today. I think they have much better chance of success there !
 
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Gibboo

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Unlikely this would have gone through I think. Glad to be proven otherwise.

They quite suay in timing. Dec cooling measures, then GLS announcements this past week
 
bujingyun82

bujingyun82

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Oftheseas said:
There are definitely more developers that have billion dollar war chests, but maybe only one SHY type of thinking. Unfortunately for Thomson View owners, SHY chose Dunman at $1350 psf but not TV at possibly $1200 psf.

Lakepoint enbloc also close today. I think they have much better chance of success there !
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closed with no bids…
 
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Iridiumguy

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However, owners had commenced signing a supplemental agreement to lower the reserve price to $808 million. Over a span of two weeks, about 65% of the owners agreed to the revised reserve price of $808 million, which would take effect only after 80% of the owners by strata area and share value signed the supplemental agreement.

means got 80% yet or no
 
Oftheseas

Oftheseas

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Oftheseas said:
I think need to lower by more than $100m for Thomson View. If this plot is GLS, I reckon it’s worth $1250 psf. But being a large enbloc plot with more uncertainty, it will need to be below $1200 psf ppr to attract developers interest.
Click to expand...

If those “greedy” Thomson View residents listen to my advice 2 years ago and lower their $950m reserve price by $100m, they would not have to wait till now !

And now with the harmonised GFA, the developers lowball them another $40-$50m lesser !
 
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