Feb 4, 2012

DEVELOPERS' WINDFALL

2018
THIS IS A VERY OLD POST THAT NEEDS UPDATING. I will update the charts below but it will take time, as the computer that stored the charts crashed a long time ago and all data lost (before the days of cloud storage).


One way to prove that it is the developers and NOT original owners who are the ones to reap the benefits of a collective sale is to follow the money. Many new developments are coming on line on former en blocked estates so it is only now we are able to take a closer look and put FACTS on the table.

I am looking at the ex-HUDC estates and the new estates rising in their ashes. Also land sales in the area and their emerging condominiums.

Waterfront View and Tampines Court are almost the same size - so what happens over there is a good indication of what will happen to TC should it have a collective sale. Our plot ratio is 10% higher at 2.8 and those who think that is a small matter, well it is not, it translates into many millions more for the developer.

If you have a gold bar to sell, you don't sell it for the price of silver.

TO DATE 
CAVEATS LODGED
( 4 FEB, 2012).


THESE TABLES ARE MY OWN - THEY ARE NOT OFFICIAL IN ANY WAY.    
AS I TYPE IN THE DATA MANUALLY, THERE MAY BE ERRORS. 
MY SOURCES ARE HERE, THERE AND EVERYWHERE, PULLED TOGETHER.


 Waterfront View /  Waterfront Collection
Waterfront Collection has passed the $1.5 Billion mark 
 Gillman Heights / The Interlace

 Amberville / Silversea
 Minton Rise / The Minton
 Farrer Court / D'Leedon

 Tampines Court (Round 1)




 GLS / Waterview
GLS / My Manhattan
GLS / Oasis@Elias                                                                                                                  
GLS / Hedges Park Condominium
GLS / Archipelago
GLS / Seastrand


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