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Private property prices... Up or Down?


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Wah lan eh property thread becum a HNWI discussion thread [laugh]

 

Sorry hor not HNW

 

Its UHNW. Hahahahhaa

But you always sound like a rising star. Only giveaway are your old Rolexes.

Old Rolexes

Old cars

Old everything lah

How to rising star?

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Yah, talk to the guards. One of the condos I shortlisted, the guard says the asst commissioner of police stays there.

 

Dunno true or false though

 

Verify lor.

 

Call 999 and ask if it is true.

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http://www.theedgeproperty.com.sg/content/malaysian-buys-three-units-three-balmoral

Malaysian buys three units at Three Balmoral

January 7, 2017

 

The 40-unit freehold Three Balmoral condominium on Balmoral Road has seen a steady trickle of sales since its completion last March. A month ago, four units were sold, of which three went to a single buyer, believed to be a Malaysian buying for his children.

 

The three units are identical one-bedroom-plus-study apartments measuring 614 sq ft each. They were bought at $1.3 million ($2,119 psf), according to caveats lodged on Dec 19.

 

 

Across the road is the 72-unit Goodwood Grand, which is expected to be completed sometime at the end of 2Q2017.

 

Goodwood Grand also saw a bulk purchase of four units on the ninth floor in February last year. Two are 775 sq ft two-bedroom units that fetched $1.89 million ($2,442 psf) and $1.93 million ($2,490 psf), according to caveats lodged then. The remaining two units are 1,044 sq ft three-bedroom units that were sold for $2.54 million ($2,428 psf) and $2.59 million ($2,478 psf). The buyer was believed to be an Indonesian.

 

The buyers of Goodwood Grand and Three Balmoral are a mix of locals and foreigners, with some buying for investment and others for their own use. The two projects are in prime District 10. “The purchases show that foreigners are seeing value in the prime districts,”

 

As the joint developers of Three Balmoral and Goodwood Grand are not affected by the conditions of the Qualifying Certificate requiring them to sell all the units within two years of completion, they are holding on to their asking prices.

 

 

Next to Three Balmoral is Hong Leong Holdings’ One Balmoral. Nine units there have been sold since the developer offered a 13% discount for units at project last November upon its completion. Nine units were sold that month, bringing the total to 18 as at end-November. They ranged from a 592 sq ft one-bedroom unit sold for $1.34 million ($2,258 psf) to a 1,658 sq ft four-bedroom unit sold for $3.87 million ($2.332 psf), according to caveats lodged then.

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Thanks boss for the advice!

 

http://www.straitstimes.com/singapore/having-humility-staying-hungry-and-being-human-are-key-to-thriving-in-new-world-says

 

SINGAPORE - Following a year marked by disruption, having humility, staying hungry and being human are key traits to have to thrive in this new world, said National Development Minister Lawrence Wong.

 

He was speaking on Saturday (Jan7) at the St Gallen Symposium 2017 Singapore Forum held at the National University of Singapore's (NUS) Shaw Foundation Alumni House.

 

Mr Wong said being humble means putting effort to learn and develop "deep skills and capabilities", while staying hungry requires Singaporeans to step out of their comfort zones and seize opportunities here and abroad.

 

But at the heart of it is about maintaining the human touch and connection, noted Mr Wong, who said technology can never replace the human spirit.

 

The Singapore leg of the symposium, with the theme "the dilemma of disruption", was organised by the National Youth Achievement Award Council, in partnership with the Switzerland-based St Gallen Foundation and NUS. It is an international platform where world leaders and youth engage in dialogue on various issues of the day.

 
 

This year's theme was selected following the recent unfolding of unpredictable events such as Brexit and Mr Donald Trump's successful bid for the United States presidency, as well as the rise of companies such as Uber and Grab which have disrupted traditional taxi services.

 

Mr Wong, who is also Second Minister for Finance, and gave the keynote address, was later joined by three panellists - Mr Warren Fernandez, The Straits Times' editor and editor-in-chief of Singapore Press Holdings' English, Malay and Tamil Media Group; Dr Tan Chi Chiu, the chairman of the Lien Centre for Social Innovation; and Mr Martin Tan, the executive director of the Institute for Societal Leadership at Singapore Management University.

 

Mr Fernandez noted the need for established companies and systems such as The Straits Times newsroom, to stay nimble. He also emphasised the importance of teaching the young history to better "understand our future".

 

Responding to a question from Nanyang Technological University undergraduate Benjamin Cai, 27, on how the Government will handle Singapore's future, Mr Wong said it is impossible to predict what will happen in the long term.

 

"But we need more preparation, more serious and hard thinking of all the different contingencies and then be ready for any scenario in the future," he said.

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Verify lor.

 

Call 999 and ask if it is true.

Doesn't matter la, all these are just gossip fodder. Will not affect my decision at all. End up I didn't get that cos the owner is asking for sky high.
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http://www.theedgeproperty.com.sg/content/malaysian-buys-three-units-three-balmoral

Malaysian buys three units at Three Balmoral

January 7, 2017

 

The 40-unit freehold Three Balmoral condominium on Balmoral Road has seen a steady trickle of sales since its completion last March. A month ago, four units were sold, of which three went to a single buyer, believed to be a Malaysian buying for his children.

 

The three units are identical one-bedroom-plus-study apartments measuring 614 sq ft each. They were bought at $1.3 million ($2,119 psf), according to caveats lodged on Dec 19.

 

 

Across the road is the 72-unit Goodwood Grand, which is expected to be completed sometime at the end of 2Q2017.

 

Goodwood Grand also saw a bulk purchase of four units on the ninth floor in February last year. Two are 775 sq ft two-bedroom units that fetched $1.89 million ($2,442 psf) and $1.93 million ($2,490 psf), according to caveats lodged then. The remaining two units are 1,044 sq ft three-bedroom units that were sold for $2.54 million ($2,428 psf) and $2.59 million ($2,478 psf). The buyer was believed to be an Indonesian.

 

The buyers of Goodwood Grand and Three Balmoral are a mix of locals and foreigners, with some buying for investment and others for their own use. The two projects are in prime District 10. “The purchases show that foreigners are seeing value in the prime districts,”

 

As the joint developers of Three Balmoral and Goodwood Grand are not affected by the conditions of the Qualifying Certificate requiring them to sell all the units within two years of completion, they are holding on to their asking prices.

 

 

Next to Three Balmoral is Hong Leong Holdings’ One Balmoral. Nine units there have been sold since the developer offered a 13% discount for units at project last November upon its completion. Nine units were sold that month, bringing the total to 18 as at end-November. They ranged from a 592 sq ft one-bedroom unit sold for $1.34 million ($2,258 psf) to a 1,658 sq ft four-bedroom unit sold for $3.87 million ($2.332 psf), according to caveats lodged then.

 

Malaysians bought, Chinese bought, Indonesian bought ....

Still in demand, so prices will not fall ... huat ah !

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all cheong to spore to buy properties ... huat ah!

 

Malaysians bought, Chinese bought, Indonesian bought ....

Still in demand, so prices will not fall ... huat ah !

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Malaysians bought, Chinese bought, Indonesian bought ....

Still in demand, so prices will not fall ... huat ah !

The demand for Singapore property as a foreign (and safer) investment portfolio would continue to strengthen into the next decade, with strong interest coming from Indonesia, Malaysia, China, Hongkong, and even India. Edited by merc280v6
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The demand for Singapore property as a foreign (and safer) investment portfolio would continue to strengthen into the next decade, with strong interest coming from Indonesia, Malaysia, China, Hongkong, and even India.

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http://www.theedgeproperty.com.sg/content/malaysian-buys-three-units-three-balmoral

Malaysian buys three units at Three Balmoral

January 7, 2017

 

The 40-unit freehold Three Balmoral condominium on Balmoral Road has seen a steady trickle of sales since its completion last March. A month ago, four units were sold, of which three went to a single buyer, believed to be a Malaysian buying for his children.

 

The three units are identical one-bedroom-plus-study apartments measuring 614 sq ft each. They were bought at $1.3 million ($2,119 psf), according to caveats lodged on Dec 19.

 

 

Across the road is the 72-unit Goodwood Grand, which is expected to be completed sometime at the end of 2Q2017.

 

Goodwood Grand also saw a bulk purchase of four units on the ninth floor in February last year. Two are 775 sq ft two-bedroom units that fetched $1.89 million ($2,442 psf) and $1.93 million ($2,490 psf), according to caveats lodged then. The remaining two units are 1,044 sq ft three-bedroom units that were sold for $2.54 million ($2,428 psf) and $2.59 million ($2,478 psf). The buyer was believed to be an Indonesian.

 

The buyers of Goodwood Grand and Three Balmoral are a mix of locals and foreigners, with some buying for investment and others for their own use. The two projects are in prime District 10. “The purchases show that foreigners are seeing value in the prime districts,”

 

As the joint developers of Three Balmoral and Goodwood Grand are not affected by the conditions of the Qualifying Certificate requiring them to sell all the units within two years of completion, they are holding on to their asking prices.

 

 

Next to Three Balmoral is Hong Leong Holdings’ One Balmoral. Nine units there have been sold since the developer offered a 13% discount for units at project last November upon its completion. Nine units were sold that month, bringing the total to 18 as at end-November. They ranged from a 592 sq ft one-bedroom unit sold for $1.34 million ($2,258 psf) to a 1,658 sq ft four-bedroom unit sold for $3.87 million ($2.332 psf), according to caveats lodged then.

 

One Balmoral a 592 sq ft one-bedroom unit sold for $1.34 million

 

Three Balmoral 614 sq ft $1.3 million

 

No wonder he bought 3.

 

Bigger and cheaper, he got a bargain.  [thumbsup] 

 

:D 

Edited by Jamesc
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One Balmoral a 592 sq ft one-bedroom unit sold for $1.34 million

 

Three Balmoral 614 sq ft $1.3 million

 

No wonder he bought 3.

 

Bigger and cheaper, he got a bargain. [thumbsup]

 

:D

Hmmmmm......4mil cash

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Your friend 拿鸡

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4 million cash is rather impressive. Anyway there are such individuals out there. Although in recent times the number of such individuals seem to have gone down.

The number has actually grown but they are very deterred by the taxes. Some have found loops through their close relatives but there are only so many close relatives one can trust.
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Bro, own stay vs investment the strategies should be quite different.

 

Important considerations are your family size, work and school locations, whether drive etc.

 

Do consider HDBs as well if eligible. Your Budget can get a decent huge mansionette if your family size is big, or a new private 2 BR, depending on your objectives.

 

Good luck!

Hi Bro,

 

Thanks for your advice. Our family is small and no need a big(ger) unit.. but wifey prefer a 3 bedder.. Location wise is OK as everything is within walking distance or a short bus ride away.. mainly we're looking for upgrading to a larger (from our current mouse hole) place.. 1300sqft may be very average (or small) to others but is a big step up for us now...  -_-

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4 million cash is rather impressive. Anyway there are such individuals out there. Although in recent times the number of such individuals seem to have gone down. 

 

 

 

i knows 2 only  [laugh] and 4 mil is considered small change to them

 

 

has shown a friend here, whom he is . currently he is my boss :D

Edited by Staff69
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Malaysians bought, Chinese bought, Indonesian bought ....

Still in demand, so prices will not fall ... huat ah !

Quite common, they see value ... one time load multiple units.

 

Big guns still no in yet ... they load the whole tower. :D

 

Huat ah!

 

One Balmoral a 592 sq ft one-bedroom unit sold for $1.34 million

 

Three Balmoral 614 sq ft $1.3 million

 

No wonder he bought 3.

 

Bigger and cheaper, he got a bargain. [thumbsup]

 

:D

Maybe it's with the condo names...

 

ONE balmoral ... number 1, so prices slightly higher.

 

THREE balmoral ... so just buy 3! :D

 

Hahaha [:p]

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i knows 2 only [laugh] and 4 mil is considered small change to them

 

 

has shown a friend here, whom he is . currently he is my boss :D

is he the one who claimed he made millions from property during the last 2 crashes?

 

 

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