$880,000: Priciest HDB flats launched in Tampines
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Originally posted by charlize:
Think out of the box.
There are such things as hdb void decks.
I also saw some homeless sleeping and virtually camping in HDB void decks....somebody informed the police and they disperse only to come back later....
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Originally posted by Demon Bane:
I also saw some homeless sleeping and virtually camping in HDB void decks....somebody informed the police and they disperse only to come back later....
So many void decks in Sg.
You are spoilt for choices.
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Read this.. the company is going to make big profit...
淡滨尼�人组屋　建商毛利达76％
兴建�人组屋的�展商�得到的盈利�常�观，淡滨尼�人组屋的毛利率竟达76％。
�《商业时报》报�，在设计�兴建和销售计划（简称DBSS）下兴建的�人组屋，�让�人�展商�得�常高的盈利。
本月在淡滨尼推出的Centrale 8计划，å�‘展商森è�”集团就收入近4亿元，在扣除8222万元的地价å�Š1亿4423万元的建ç‘è´¹å�Žï¼Œè¿™ä¸ªé¡¹ç›®çš„净盈利达1亿7156万3400元，毛利率 (gross profit margin)高达75.8％。æ¤å¤–，自2008å¹´1月至今所推出的7个ç§�人组屋项目ä¸ï¼Œæœ‰5个项目的毛利率超过28％，å�¦å¤–两个项目也有19.1％的毛 利率。
地产集团如果开��人大众市场项目，一般的毛利率约为30％至40％。
大巴窑The Peak盈利达2亿5696万
如果�看净盈利，海峡��在大巴窑的The Peak项目是赚到最多盈利的，盈利达2亿5695万5239元。盈利较少的则是四美Parc Lumiere�碧山怡然�项目。这两个项目的盈利�有近5000万元。
article copyright of omy.sg
http://news.omy.sg/News/Local%2BNews/Story/OMYStory201106301556-256359.html
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Originally posted by lemon1974:
Read this.. the company is going to make big profit...
淡滨尼�人组屋　建商毛利达76％
兴建�人组屋的�展商�得到的盈利�常�观，淡滨尼�人组屋的毛利率竟达76％。
�《商业时报》报�，在设计�兴建和销售计划（简称DBSS）下兴建的�人组屋，�让�人�展商�得�常高的盈利。
本月在淡滨尼推出的Centrale 8计划，å�‘展商森è�”集团就收入近4亿元，在扣除8222万元的地价å�Š1亿4423万元的建ç‘è´¹å�Žï¼Œè¿™ä¸ªé¡¹ç›®çš„净盈利达1亿7156万3400元，毛利率 (gross profit margin)高达75.8％。æ¤å¤–，自2008å¹´1月至今所推出的7个ç§�人组屋项目ä¸ï¼Œæœ‰5个项目的毛利率超过28％，å�¦å¤–两个项目也有19.1％的毛 利率。
地产集团如果开��人大众市场项目，一般的毛利率约为30％至40％。
大巴窑The Peak盈利达2亿5696万
如果�看净盈利，海峡��在大巴窑的The Peak项目是赚到最多盈利的，盈利达2亿5695万5239元。盈利较少的则是四美Parc Lumiere�碧山怡然�项目。这两个项目的盈利�有近5000万元。
article copyright of omy.sg
http://news.omy.sg/News/Local%2BNews/Story/OMYStory201106301556-256359.html
There is nothing wrong with making profits.
They are after all a private company.
Really.
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Sooo much profits....yap they are pte coy....profits are their priority mah....but shouldn't be sooo much mah....
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http://www.temasekreview.com/2011/07/01/bgns-tan-chuan-jin-major-errors-in-bts-report-on-sim-lian/
Eh, now they say the news report gave wrong figure.
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DBSS profit miscalculations in BT article: Khaw responds
MINISTER for National Development Khaw Boon Wan has taken to his blog, Housing Matters, to respond to the errors and inaccurate figures used in a recent Business Times (BT) article.
In the post published on Saturday, titled 'Startling But False', he corrected the errors made in the Business Times article. He wrote: 'I have been in MND for 5 weeks, and not sleeping well. I am working my guts out to try to calm the market, for the good of all Singaporeans.'
In the article published on Thursday (June 30), the Business Times wrote that the Design, Build and Sell Scheme (DBSS) developer's profit margin for Centrale 8 was 76 per cent. Mr Khaw says the actual profit margin would be 26 per cent and pointed out several of the Business Times' calculation errors.
Here is an excerpt of the post (carried exactly as it is on the blog):
'For example, it quoted a land price of $82,222,000 and a maximum GFA of 721,188 square feet for the project. Both figures were wrong. The correct figures were respectively $178,128,000 and 682,385 square feet. This was a huge difference of almost $100 million. The errors led to a gross over-estimation by BT of the developer's profit and gross profit margin.
'Based on these figures alone, the profit margin would have been 26%, not 76%. But even the reduced figure was wrong, as the article had excluded key cost items such as financing, marketing and administrative costs. These are significant costs and when included, would have further lowered the profit margin for all the DBSS projects listed in the article.'
-- ST
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Originally posted by charlize:
Think out of the box.
There are such things as hdb void decks.
there's also something called beach -
Originally posted by Jiani:
there's also something called beachThe temperature at the beach at early morning can be very cold.
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Originally posted by charlize:
The temperature at the beach at early morning can be very cold.
so i guess its time to live on rooftop. free and easy. can set up tents. free water. free swimming pools(water tanks)YEAH!
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Originally posted by Jiani:
so i guess its time to live on rooftop. free and easy. can set up tents. free water. free swimming pools(water tanks)YEAH!
PAP MPs say they will guard the water tanks well. -
MND to review HDB's DBSS
FUTURE Design, Build and Sell Scheme (DBSS) lands sales have been suspended although it will be business as usual for those already sold last year, said National Development Minister Khaw Boon Wan in a response to public queries.
'However, a few DBSS land sites sold last year, like the Centrale 8 site, will launch their sales in next few months. These are old tenders beyond my control,' he said on his Facebook page over the weekend.
His Ministry also issued a statement on Monday stating that the Housing Board would not proceed with the sale of the Bendemeer Road site, originally scheduled to be put up for sale later this month.
Since 2005, a total of 13 sites has been sold to private developers under the scheme, which was intended to provide more innovation in building and design, as well as give better value-for-money to flat buyers.
The Housing and Devlopment Board planned to launch enough sites for about 4,000 DBSS flats and more, if there is sufficient demand.
Such flats were in the news recently after the developer of the Centrale 8 project in Tampines, Sim Lian Group, drew flak for pricing units at high prices.
-- ST
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Originally posted by QX179R:
MND to review HDB's DBSS
FUTURE Design, Build and Sell Scheme (DBSS) lands sales have been suspended although it will be business as usual for those already sold last year, said National Development Minister Khaw Boon Wan in a response to public queries.
'However, a few DBSS land sites sold last year, like the Centrale 8 site, will launch their sales in next few months. These are old tenders beyond my control,' he said on his Facebook page over the weekend.
His Ministry also issued a statement on Monday stating that the Housing Board would not proceed with the sale of the Bendemeer Road site, originally scheduled to be put up for sale later this month.
Since 2005, a total of 13 sites has been sold to private developers under the scheme, which was intended to provide more innovation in building and design, as well as give better value-for-money to flat buyers.
The Housing and Devlopment Board planned to launch enough sites for about 4,000 DBSS flats and more, if there is sufficient demand.
Such flats were in the news recently after the developer of the Centrale 8 project in Tampines, Sim Lian Group, drew flak for pricing units at high prices.
-- ST
So by suspending, it implies something is wrong?
They made a mistake some where?
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HDB withdraws DBSS site in Sengkang
SINGAPORE : The Housing and Development Board (HDB) has confirmed that a Design Build and Sell Scheme (DBSS) land sales tender at Sengkang will be withdrawn.
The tender was originally scheduled to close on July 20.
The Ministry of National Development said the withdrawal is part of its overall review of housing policies.
It also said that no new DBSS site will be released for sale until the review is completed.
The ministry recently announced that it was also not proceeding with the sale of another site in Bendemeer Road, originally scheduled for the first half of this year.
This after debate over the DBSS scheme came to the fore after developer Sim Lian Group drew flak over the pricing of units at Centrale 8, a DBSS project in Tampines.
The initial price set a record S$880,000 for five-room flats, but the developer said that was an "indicative price" and later lowered the maximum price to S$778,000.
- CNA /ls -
HDB helping in DBSS buyer's pull-out appeal
THE Housing Board (HDB) is helping in a flat buyer's appeal to reduce a hefty penalty payable for backing out of the purchase of a Design, Build and Sell Scheme (DBSS) unit in Ang Mo Kio.
The penalty amounts to 20 per cent of the purchase price of $610,000 - four times the 5 per cent penalty payable for normal build-to-order (BTO) flats.
-- ST
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Originally posted by QX179R:
HDB helping in DBSS buyer's pull-out appeal
THE Housing Board (HDB) is helping in a flat buyer's appeal to reduce a hefty penalty payable for backing out of the purchase of a Design, Build and Sell Scheme (DBSS) unit in Ang Mo Kio.
The penalty amounts to 20 per cent of the purchase price of $610,000 - four times the 5 per cent penalty payable for normal build-to-order (BTO) flats.
-- ST
Ouch.
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http://www.channelnewsasia.com/stories/singaporelocalnews/view/1139941/1/.html
According to reports, only 20 people showed up today to have a look at this DBSS project.
Could this be a turning point in Sg property cycle?
Or just for DBSS projects?
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Hmm, this news not reported in ST today.
Not newsworthy?
Btw, I thought a few days back, there was a report that it was oversubscribed by 2x ?
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Alot of agents told me that the HDB prices are gonna plunge in year 2013....buying now is not wise....
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My mom property agent friends also say It might crash.