Mercs Hypersonic September 6, 2019 Author Share September 6, 2019 August jobs report points to slowing economy, Fed rate cutRead more at https://www.channelnewsasia.com/news/business/august-jobs-report-points-to-slowing-economy--fed-rate-cut-11881386 ↡ Advertisement 9 Link to post Share on other sites More sharing options...
Mercs Hypersonic September 6, 2019 Author Share September 6, 2019 Amazing psf of yesteryear Just 14 years which is not that long ago - (2,024-sq-ft unit $488,000 ($241 psf) in October 2005) Seller sold for 4X the buy price ... where to find today? https://www.edgeprop.sg/property-news/three-bedroom-unit-balmoral-8-rakes-148-mil-profit The 2,024-sq-ft unit on the second floor was sold for $1.98 million ($954 psf) on Aug 20, but had been bought for $488,000 ($241 psf) in October 2005. Thus, the seller walked away with a $1.44 million profit. 9 Link to post Share on other sites More sharing options...
Mercs Hypersonic September 6, 2019 Author Share September 6, 2019 Huaters and non huaters, Aug 20-27 10 Link to post Share on other sites More sharing options...
Sdf4786k Twincharged September 7, 2019 Share September 7, 2019 10 hours ago, Mercs said: Its all about affordability, with PSF on the up, over the years developers have been shrinking unit sizes to remain within buyer sweet spot. Made worse with CMs- TDSR/LTV/ABSD, that buyers today have to content with, further reducing buyer unit size affordability. Thats also why we have ahgong recent intervention on min unit size requirements. 😉 From affordable point of view I agree but that’s like saying I need a 7 seater for my family but I can afford a Korean n probably should be okay to squeeze 6 person with two small kids.. i ratger go with practical aspect and Apple for Apple consideration. Else the shoe box appt does make good sense for s family of 6 if you squeeze it as the home is only use for sleeping... 2 Link to post Share on other sites More sharing options...
Mercs Hypersonic September 7, 2019 Author Share September 7, 2019 12 hours ago, Sdf4786k said: From affordable point of view I agree but that’s like saying I need a 7 seater for my family but I can afford a Korean n probably should be okay to squeeze 6 person with two small kids.. i ratger go with practical aspect and Apple for Apple consideration. Else the shoe box appt does make good sense for s family of 6 if you squeeze it as the home is only use for sleeping... Agree, if need to fit family of 6, better to get a MPV than a 2 seater sportscar 😉 lol 8 Link to post Share on other sites More sharing options...
Mercs Hypersonic September 7, 2019 Author Share September 7, 2019 https://www.edgeprop.sg/property-news/triplex-penthouse-mount-faber-lodge-going-48-mil Triplex penthouse at Mount Faber Lodge going for $4.8 mil 9 Link to post Share on other sites More sharing options...
Mercs Hypersonic September 7, 2019 Author Share September 7, 2019 On 9/6/2019 at 9:12 AM, Mercs said: https://sbr.com.sg/residential-property/news/chart-day-leasing-transactions-7-record-23875-in-q2 Leasing transactions up 7% to record 23,875 in Q2 https://sbr.com.sg/residential-property/news/chart-day-check-out-condo-projects-highest-leasing-deals-in-q2 Check out the condo projects with the highest leasing deals in Q2 7 Link to post Share on other sites More sharing options...
Mercs Hypersonic September 7, 2019 Author Share September 7, 2019 first day of launch, sold 276 out of 300 units released ... https://www.edgeprop.sg/property-news/uol-sells-271-units-avenue-south-residence UOL sells 276 units at Avenue South Residence 9 Link to post Share on other sites More sharing options...
Khng8 4th Gear September 7, 2019 Share September 7, 2019 On 9/6/2019 at 9:12 AM, Mercs said: https://sbr.com.sg/residential-property/news/chart-day-leasing-transactions-7-record-23875-in-q2 Leasing transactions up 7% to record 23,875 in Q2 Could the higher number of leasing transactions due to minimum rental period reduced to 3 months? 2 Link to post Share on other sites More sharing options...
BanCoe Hypersonic September 8, 2019 Share September 8, 2019 On 9/4/2019 at 9:32 PM, Mercs said: https://www.asiaone.com/singapore/chan-chun-sing-singapore-will-not-escape-economic-impact-if-hong-kong-unrest-persists Chan Chun Sing: Singapore will not escape economic impact if Hong Kong unrest persists I read your post remind me of @Ash2017😖😖😖 8 Link to post Share on other sites More sharing options...
awhtc 6th Gear September 8, 2019 Share September 8, 2019 16 hours ago, Khng8 said: Could the higher number of leasing transactions due to minimum rental period reduced to 3 months? It could be enbloc effect and more foreigners coming to Singapore to work. 1 Link to post Share on other sites More sharing options...
Mercs Hypersonic September 8, 2019 Author Share September 8, 2019 18 hours ago, Khng8 said: Could the higher number of leasing transactions due to minimum rental period reduced to 3 months? Doubt so, as the % will be low to be any significant, not many tenants wanna move every few months. One reason is displaced enbloc sellers, either waiting brand new BUC/ enbloc funds/ transaction completion/ renovations etc. Local movement by owners and tenants in residential projects that were sold successfully through collective sales reportedly continue to contribute a substantial portion of leasing demand, 9 Link to post Share on other sites More sharing options...
Mercs Hypersonic September 8, 2019 Author Share September 8, 2019 10 hours ago, BanCoe said: I read your post remind me of @Ash2017😖😖😖 Hahaha, funny 5 2 Link to post Share on other sites More sharing options...
Mercs Hypersonic September 8, 2019 Author Share September 8, 2019 https://www.edgeprop.sg/property-news/forest-city-hand-over-more-20000-residential-units-year-unveils-new-golf-course Forest City to hand over more than 20,000 residential units this year, unveils new golf course "Prices range from RM13,000 psm to RM18,000 psm, or the equivalent of $399 psf to $552 psf, for most of the residential units" 8 Link to post Share on other sites More sharing options...
Mercs Hypersonic September 8, 2019 Author Share September 8, 2019 (edited) https://www.edgeprop.sg/property-news/steady-stream-well-heeled-visitors-meyer-mansion-preview-weekend Meyer Mansion sees steady stream of well-heeled visitors on preview weekend Indicative prices start from $1.38 million ($2,851 psf) for one-bedroom units of 484 sq ft; from $1.95 million ($2,830 psf) for two-bedroom units of 689 sq ft; and from $2.88 million ($2,597 psf) for three-bedroom units of 1,109 sq ft. Three-bedroom premium units from 1,399 sq ft, are priced from $3.75 million ($2,680 psf) while four-bedroom premium units from 1,722 sq ft are priced from $4.55 million ($2,642 psf). Edited September 8, 2019 by Mercs 8 Link to post Share on other sites More sharing options...
Mercs Hypersonic September 8, 2019 Author Share September 8, 2019 7 Link to post Share on other sites More sharing options...
Mercs Hypersonic September 8, 2019 Author Share September 8, 2019 6 Link to post Share on other sites More sharing options...
Tiger1 6th Gear September 9, 2019 Share September 9, 2019 I always enjoyed your posts. Sad that lazy me can't catch up with the new revamped MCF. I have been visiting this forum much lesser now... 😟 ↡ Advertisement 2 Link to post Share on other sites More sharing options...
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