STI All Time High: 3714.2 +64.1 at 2.30pm

STI has hit an all time high at 3714.2 +64.1 at 2.30pm.
Lets hope this rally sustains! Tis' can only be good for them property!

Could be a spillover effect from today's huge rosy picture painted by The Business Times today.

Like what one of my drinking buddies said: 'Singapore will never be the same again!'

Turquoise Launches Friday, 28th Sept @ 3PM

There you go folks, the Turquoise at Sentosa by Ho Bee Grp will be launching tomorrow at 3pm. There are murmurs of a pre-3pm preview, but you got to be in the right circles to have a go at that. hint: DTZ

Update: Be there at 10am, and approach any agent. I am sure they will be only too glad to serve you.

Scotts Square @ $4000psf

Image Source: http://www.scottssquare.com/

So the other half of Scotts Square (former Scotts Shopping Centre) by Wheelock Properties is going at $4000psf, and is available for booking through...special means. The Public Launch will be soon, which means you could save a buck or two and get a better unit through...ahem...special means.

Approximately:
1 Bedroom -600sf
2 Bedroom -900sf
3 Bedroom -1200sf

To be Priced around $4000psf

Property Picking Up Speed; Hillcrest Villas Sold Out??

"Over in the Dunearn Road location, MCL Land has sold off all but the showflat of its 163-unit cluster terrace housing development, Hillcrest Villas, in two weeks. The average price achieved for the 99-year leasehold development was around $870 psf of strata area." - The Business Times, Sept 25, 2007

Right....and so we now know there is just one slot left for Raffles Girls Primary School...

Launch Leak; Hillcrest Villas Sells, Well Before Shop Opens

Ah...

And so my friendly DTZ agent tells me that a third of Hillcrest Villas, the latest Breakthrough in Nanotechnology, has sold well before its Public Preview. Seems like this points where the market is going, especially for a project that hails from the realm of oh-not-so-popular Cluster Landed (99yr LH).

Economy and speculation aside, can someone please tell me how this 'Preview' thing works?

Select VIP Preview, Developer Staff Preview, Developer VIP Preview, Developer Shareholders Preview, Developer Preview, VIP Preview, Private Preview, Closed-Door Preview, Public Preview, Preview, VIP Launch, Pre-Launch, Soft-Launch, Launch and finally Open-House?

I'm pretty sure some top agent out there is probably reading this laughing at me for getting the simple order wrong though.

Horizon Towers: Lawsuit Still Hanging, New Sales Committee Sworn In

Source: The Business Times, Sept 21 2007

Light at the end of the tunnel perhaps? While a step in the right direction after 135 units voted in favor of pushing back the collective sale deadline to Dec 11, it is a long way from resolution with 42 units abstaining from last night's meeting.

Anyhow this has proved one thing: Pep talks sometimes work, and is especially favourable if you are backed by a gazillion dollars and a looming multimillion dollar lawsuit. Now put away the cane and go rethink your strategy to get your kids to study for the upcoming PSLE.

Coming Soon (Sept)

Source: The Business Times

Well the chart speaks for itself. Though I heard from a friend last month that the Hilltops by SC Global has been making a soft launch already even during the inauspicious Hungry Ghost Festival. Getting the sub-prime saga jitters eh SC Global?

Oh, and in a case of self-gratification it seems that my post about the Turquiose going for $2500psf was true. Snaps for me!


Source: The Business Times

In the related article by the Business Times, you got to be pretty daft not to figure out by now that the top is saturated and developers will be going after the mass market. Smaller cheaper condos will now be seen mushrooming out in the spillover areas. Something that India is going through now (correct me if i am wrong!).

Time to go shopping.