Meriton's Soleil is partly completed, with settlements reportedly having occurred on the lower floors. The top part of the building is still under construction.
Another blog reports that Meriton's list prices for Soleil are decreasing (I have not verified these numbers):
"1 July Studio $350,000 1 Bedroom $380,000
25 July Studio $340,000 1 Bedroom $375,000
11 August Studio $330,000 1 Bedroom $365,000
1 November STUDIO $306,000 - $325,000 1 BEDROOM $325,000 - $445,000 2 BEDROOM + CAR SPACE $565,000 - $818,000 2 BED + STUDY + CAR SPACE $653,000 - $689,000 3 BEDROOM + 2 CAR SPACES $750,000 - $877,000
4.5% Vendor Finance $10,000 QLD Building Boost $17,000 First Home Owner Bonus"
Listed on Domain today:
1 bed, no carpark - $403,000
2 bed, 2 bath, 1 carpark - $569,000 to $818,000
resale by overseas buyer: Apt 5204, 2 bed, 2 bath, 1 car: $590,000 negotiable
resale by overseas buyer: Apt 4803, 2 bed, 2 bath, 1 car: $630,000
As stated in a prior blog post, most buyers appear to be offshore buyers from China, and at the current sales rate, it will take 2 to 3 years for Meriton to sell all its stock in this building.
"Soleil's Pricing Not Holding Up?"
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