Sim Lian’s $302m bid is tops for Tampines site
Tampines site gets top bid of $302m
Heartland Condos at S1k psf or more?
‘The psf price is one thing, the quantum is another. As long as the total quantum is at $1 million or less, buyers can still afford to buy.’
Units will thus become smaller to keep the quantum affordable, he added.
At $260 ppr Tampines Court enbloc value is about 700K. Since developer is paying $420 ppr for a Tampines site, current Tampines Court enbloc value is about $1.13 million per unit. Transacted prices for Tampines Court is 700k - 740K. It is obvious why those who wish to sell support enbloc - they get much more for their unit.
ReplyDeleteTo: TC Residents
ReplyDeleteI predict that resale price of Tampines Court will go above $800K by end of the year. Please do not sell now.