Pasir Ris DBSS kena hooted

[Lala81]

 

yeah yes

partition board

jia lart man

Zhun boh. Partition board for internal wall?? This not kurty want to block his living room from the door leh

[Mnns]

Zhun boh. Partition board for internal wall?? This not kurty want to block his living room from the door leh

 

The term for this type of wall is 'Drywall'. Knock liao the sound maciam partition wall

[Mustank]

Zhun boh. Partition board for internal wall?? This not kurty want to block his living room from the door leh

 

no bluff

i went to my friend new house

really is partition board

you and me really must be thankful

at least your one is prefab wall

mine is brick wall

[Enye]

Have to mah. Other people daughter leh. People allow me to date their daughter, I have to be a man of my word and see her home safe and sound.

 

 

you makaned with her during the date, still got the cheek to tell her parents she is safe and sound

 

[Sabian]

Zhun boh. Partition board for internal wall?? This not kurty want to block his living room from the door leh

 

Zhun!

 

The Sail condo right in our vaunted Marina Bay also has many many dry walls.

 

Never seen so many in unit before and after that, it seems like a norm liao for at least 1 wall to be dry wall.

[Mustank]

http://business.asiaone.com/property/news/ec-prices-may-fall-not-lot

 

EC prices 'may fall but not by a lot'

Rennie WhangThe Straits TimesThursday, Mar 05, 2015

20150123_amore_st.jpg

The Amore is one of the five projects launched from November to January. EC new sale prices have been rising over the last few years, but Mr Ong Teck Hui, JLL's national research director, expects prices to drop about 5 to 8 per cent as sales turn sluggish.

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Print

Home hunters hoping for big falls in executive condominium (EC) prices will probably need to be more realistic.

Experts expect prices to come under some downward pressure after recent low winning bids for EC sites by developers and weak sales in the segment.

But the experts say the overall picture is more complex, and that prices may not drop by a lot.

Many EC projects are on sites that were bought at higher prices earlier when the outlook was brighter, leaving developers with little room to manoeuvre now unless revenue margins are sacrificed.

Construction costs have also risen, and there may be higher costs associated with new prefabrication requirements from November last year.

Two recent EC site sales reflect the cooling market.

Last week, a Woodlands Avenue 12 site was sold for $103.8 million, or $278 per sq ft per plot ratio (psf ppr).

An Anchorvale Crescent site was sold for $157.8 million or $280 psf ppr in the same month.

Both were the lowest EC land prices since July 2011. At an average of $279 psf ppr, they were far below average EC land prices of $351 psf ppr last year, $360 psf ppr in 2013 and $321 psf ppr in 2012, a JLL analysis shows.

Breakeven costs for the two sites are expected to be about $650 psf.

"They can easily sell well below $800 psf and still make a decent margin," said Mr Ong Teck Hui, JLL's national research director.

In comparison, EC new sale prices have been on an upward trend over the last few years, hitting an average of $820 psf in the fourth quarter of last year, up from $783 psf in the same period of 2013 and $739 psf in 2012.

A total of 2,251 EC units that have been launched remain unsold, of which 1,831 are from the five projects launched from November to January: Bellewoods, Bellewaters, Lake Life, The Amore and The Terrace.

Consultants expect another 6,500 units or so to come onto the market from projects that have yet to be launched for sale.

"Softening prices of private homes (also) place a downward pressure on EC prices, if that gap between private homes and ECs is to be maintained to keep ECs attractive to buyers," said Mr Ong.

"With sluggish sales at current price levels, prices may have to be adjusted downwards by about 5 to 8 per cent to achieve significantly better sales take-up."

But while the latest EC sites have been sold at lower prices, construction costs have crept up slightly with foreign labour constraints and prefabrication requirements, said Mr Desmond Sim, CBRE research head for Singapore and South-east Asia.

Under these requirements, which kicked in from Nov 1, projects built on Government Land Sales (GLS) sites must meet higher building and constructability standards.

Developers bidding for GLS sites must also meet a certain level of prefabrication, such as using drywall as internal partitions in residential sites.

Although developers with lower land costs may price units lower to gain a competitive edge, their end products can still be put up for sale at the already benchmarked prices, with more room for discounts, said Mr Sim. "The latter is more favoured as it preserves the value of the whole development," he explained.

- See more at: http://business.asiaone.com/property/news/ec-prices-may-fall-not-lot#sthash.8bfeiQ4P.dpuf

[Sabian]

 

you makaned with her during the date, still got the cheek to tell her parents she is safe and sound

 

I only makan if I have intention to marry.

If no intention to marry, no makan.

[Kusje]

Zhun boh. Partition board for internal wall?? This not kurty want to block his living room from the door leh

 

Yes very zhun. In fact, this is the new construction standard. Developer HAS to follow for all new builds as it was made compulsory by BCA.

 

 

 

To further boost productivity and promote easier-to-build building designs and labour-efficient construction methods, certain types of new projects will also be required to adopt a range of pre-determined standardised floor heights and building components such as precast staircases, precast refuse chutes and doors from September this year. All residential non-landed developments will have to use drywall for internal partitions except for wet areas such as bathroom and kitchen areas. Requirements on buildable designs and use of labour-efficient construction methods will also be raised progressively to achieve greater productivity improvements (refer to Annex B (42KB .pdf)).

http://www.bca.gov.sg/Newsroom/pr10032014_BCA.html

[Sabian]

http://business.asiaone.com/property/news/ec-prices-may-fall-not-lot

 

EC prices 'may fall but not by a lot'

Rennie WhangThe Straits TimesThursday, Mar 05, 2015

20150123_amore_st.jpg

The Amore is one of the five projects launched from November to January. EC new sale prices have been rising over the last few years, but Mr Ong Teck Hui, JLL's national research director, expects prices to drop about 5 to 8 per cent as sales turn sluggish.

0 0 001

Print

Home hunters hoping for big falls in executive condominium (EC) prices will probably need to be more realistic.

Experts expect prices to come under some downward pressure after recent low winning bids for EC sites by developers and weak sales in the segment.

But the experts say the overall picture is more complex, and that prices may not drop by a lot.

Many EC projects are on sites that were bought at higher prices earlier when the outlook was brighter, leaving developers with little room to manoeuvre now unless revenue margins are sacrificed.

Construction costs have also risen, and there may be higher costs associated with new prefabrication requirements from November last year.

Two recent EC site sales reflect the cooling market.

Last week, a Woodlands Avenue 12 site was sold for $103.8 million, or $278 per sq ft per plot ratio (psf ppr).

An Anchorvale Crescent site was sold for $157.8 million or $280 psf ppr in the same month.

Both were the lowest EC land prices since July 2011. At an average of $279 psf ppr, they were far below average EC land prices of $351 psf ppr last year, $360 psf ppr in 2013 and $321 psf ppr in 2012, a JLL analysis shows.

Breakeven costs for the two sites are expected to be about $650 psf.

"They can easily sell well below $800 psf and still make a decent margin," said Mr Ong Teck Hui, JLL's national research director.

In comparison, EC new sale prices have been on an upward trend over the last few years, hitting an average of $820 psf in the fourth quarter of last year, up from $783 psf in the same period of 2013 and $739 psf in 2012.

A total of 2,251 EC units that have been launched remain unsold, of which 1,831 are from the five projects launched from November to January: Bellewoods, Bellewaters, Lake Life, The Amore and The Terrace.

Consultants expect another 6,500 units or so to come onto the market from projects that have yet to be launched for sale.

"Softening prices of private homes (also) place a downward pressure on EC prices, if that gap between private homes and ECs is to be maintained to keep ECs attractive to buyers," said Mr Ong.

"With sluggish sales at current price levels, prices may have to be adjusted downwards by about 5 to 8 per cent to achieve significantly better sales take-up."

But while the latest EC sites have been sold at lower prices, construction costs have crept up slightly with foreign labour constraints and prefabrication requirements, said Mr Desmond Sim, CBRE research head for Singapore and South-east Asia.

Under these requirements, which kicked in from Nov 1, projects built on Government Land Sales (GLS) sites must meet higher building and constructability standards.

Developers bidding for GLS sites must also meet a certain level of prefabrication, such as using drywall as internal partitions in residential sites.

Although developers with lower land costs may price units lower to gain a competitive edge, their end products can still be put up for sale at the already benchmarked prices, with more room for discounts, said Mr Sim. "The latter is more favoured as it preserves the value of the whole development," he explained.

- See more at: http://business.asiaone.com/property/news/ec-prices-may-fall-not-lot#sthash.8bfeiQ4P.dpuf

 

EC subjected to "5 year must sell all" ruling or not?

[Kusje]

 

Zhun!

 

The Sail condo right in our vaunted Marina Bay also has many many dry walls.

 

Never seen so many in unit before and after that, it seems like a norm liao for at least 1 wall to be dry wall.

 

Please see above link.

[Mustank]

 

EC subjected to "5 year must sell all" ruling or not?

I donno man

You camping for fire sale?

[Wt_know]

nabei ... this one really vomit blood ...

a $500k bangla workers squatter

 

And the hooting continues...

 

 

[Kusje]

I only makan if I have intention to marry.

If no intention to marry, no makan.

 

Intention and end result can be changed.

 

Can makan and then change intention

[Mustank]

 

Yes very zhun. In fact, this is the new construction standard. Developer HAS to follow for all new builds as it was made compulsory by BCA.

 

 

Now we really have to be thankful!

[Sabian]

I donno man

You camping for fire sale?

 

Bo lui lah.

 

If got moeny to camp also won't camp for EC...

[Pinobii]

Have to mah. Other people daughter leh. People allow me to date their daughter, I have to be a man of my word and see her home safe and sound.

 

Still have lah. I know of a few army friends also like that.

 

Yup. Usually at launch, they have not tender the project to potential main con yet but developer still overall responsible.

to a nice gentleman!

 

Hee hee....must ask all the men to follow your example and be goody good

 

That's y the old folks fang xin and let you have their daughter's hand ;)

[Ktglfc]

 

I am very concerned with such poor workmanship. In the older days, the CEO or the owner of the development company would taken a bow and apologized in public. Some would have committed suicide, hara-kiri-style

 

 

Sonds very very familiar hor... thought it came out from ... erh erh ... you know who lah

So, who's gonna take the blame now?

Or maybe .. it's an honest mistake, let's move on

[Mustank]

 

Intention and end result can be changed.

 

Can makan and then change intention