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Written by think on 13-05-2008 11:58 - Guest
Over priced
well let's see how many people do actually buy this development at this price. to me. it's over priced! there is no point paying so much money when you live so close to HDB flats and at 1700psf, you can probably get some units at the SAIL.
If you take a look at old newspaper reports of 2006 when developer bought this land thru enbloc deal, it was quoted that new condo units will be sold at average $950 psf (at the very most $1K psf.)
So just think - why now 1700psf - just because IR and F1?
If economic climate goes back to "sars level" then sure this property will command below 1K psf.