Jun 1, 2017

Eunosville sold for $765 million


This is unbelievable. What a quantum jump from the expected sale price and the actual.  There may have been 7 bidders (comment below)

So, the last 4 ex-HUDCs have been sold in the $700-$900 psfppr range

  • ShunfuVille - May 2016 - $747 psf ppr
  • Raintree Gardens - Oct 2016 - $797 psf ppr
  • Rio Casa - May 2017 - $706 psf ppr
  • Eunosville - May 2017 - $909 psf ppr

This makes my Armchair Valuation of $952m ($637 psfppr) look pretty puny.




8 comments:

  1. Anonymous01 June, 2017

    7 bidder

    ReplyDelete
  2. Anonymous01 June, 2017

    80% has been reached. We are catching the wave, and this one is a tsunami!

    ReplyDelete
  3. Anonymous01 June, 2017

    It's done.Crossed 80%.

    ReplyDelete
  4. Please be gracious and move on and stop look for fault lines snd pin holes to plug.
    Life is unpredictable and too short.
    Sitting on a rocking chair ond sow bitterness get you to nowhere.
    Use you time and talent elsewhere.

    ReplyDelete
    Replies
    1. Anonymous02 June, 2017

      Aiyah, it's her blog. She can say what she want. Doesn't really affect any SPs much. We still achieved more than 80% inspite of her bitterness of moaning & groaning. When people say anything she don't like leh she gets angry & threaten to close her blog & open again & yet she preached freedom of speech. Difficult to understand her character really.

      Delete
    2. Anonymous02 June, 2017

      Totally agreed.

      Successful people know how to grabbed golden opportunity especially when dropped from the sky to move on, instead rejecting them to stay in same comfort zone.

      Somemore life span is increasing with advancement in medical and living standard, longer life span could mean more chances to be hit with expensive illness.

      *********

      '1 in 2 people will develop cancer in their lifetime'

      Written by Honor Whiteman
      Published: Wed 4 Feb 2015

      "Cancer is primarily a disease of old age, with more than 60% of all cases diagnosed in people aged over 65," notes Prof. Sasieni. "If people live long enough then most will get cancer at some point."

      Source :
      http://www.medicalnewstoday.com/articles/288916.php

      Delete
  5. Anonymous01 June, 2017

    We shall get more, with Eunos as benchmark.

    ReplyDelete
  6. Anonymous02 June, 2017

    Market will dictate the eventual price.

    ReplyDelete