QUOTE(Glcotan @ Aug 14 2013, 06:25 AM)
what is the latest transacted price?
Pricing here got lotsa variation. Tonnes of agents who have the masterlist of owners. CCC not released yet, so some banks are not willing to approve loan. Hence, actual transactions which include successful loan approval is not that high. Thus valuation differs.
There was a 10% average jump in asking price for studio from before VP till after VP, about 5-10% average for SOHO 1 & 2 during same period.
I predict there will be conservatively another 5% jump in asking for studio after CCC issued (primarily because people can already come in and see the units, which they really cant now due to all the mess and debris). The SOHO's may also have higher asking, but I believe the actual value will be unlocked by those owners who are willing to wait a couple of years due to the niche of the product.
Caveat is that the actual transaction price and bank valuation may be lower than asking. Especially in the first 6months -1 year after CCC.