Wednesday, June 25, 2008

About this Blog

Woodleigh condo site awarded to Frasers Centrepoint

The 1.08 ha Woodleigh Close site near Potong Pasir MRT station was launched in April.

The tender for the site attracted 6 bids, all on the low side. Top bid is from Frasers Centrepoint at $270 per sq ft per plot ratio, much lower than the $350 psf of market expectation.

2 nearby condo sites - Blossoms @ Woodleigh and Parc Mondrian were sold out last year.

Recent caveats lodged for the 240-unit Blossoms @ Woodleigh have hovered between $6xx psf and $8xx psf.

The 100-units in Parc Mondrian were sold for between $650 psf and $720 psf.

May also want to read:

History of Singapore Property 1960 to 2008
Buy or Not Buy: How to decide amid mixed market signals
When to Buy, When Not to by
Property Price Index Graph Plotter & Online Property Valuation
Your Property Investment Determines Your Financial Success in Your Life
HDB Resales: West Sees Highest Price Increase


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The blogger here has been affectionately named by close allies as "Smart Buyer" but really, he's not smart. Smart Buyer just believes that being prudent is smart. That's the essence of the message of this blog and Smart Buyer hopes it'll benefit other property buyers.

Smart Buyer :)