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Thread: Pegasus Town

  1. #1
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    Default Pegasus Town

    This is creating heaps of interest - partially fed, no doubt, by the "largest model of its type in existence" which took 300 Chinese model-makers 6 months to produce and cost something like $7m. Its certainly an imaginative development - assuming Infinity can bring it off. A complete new town of 5,000 people, a short drive from central Ch-ch. "Play where you live" - or is it the other way round!
    Prices for the lakeside sections don't look cheap (or perhaps they do, to yuppie Aucklanders) but they seem to have attracted a lot of interest if one is to judge by the options and bids already placed.
    The first release of golf course properties will be at 12 noon on Thursday.
    Check out the website - www.pegasustown.com

    (No, I have no financial or other interest in the developer, the real estate agents, or anyone else associated with this venture - but I do hold some shares in the previous owner/developer, HQP, who left some of the settlement price on a deferred basis - about $10m out of the total $30m, if I recall correctly.)

    Having done reasonably well out of the sharemarket in recent years, and given the current "peakiness" there, I must confess to being a little tempted to have a flutter on this development. Its not my usual style as having been a bit of a property investor in the past I am aware of the many pitfalls and all the developers/agents hype, etc., but ................... Pegasus could provide a bit of excitement! Don't knock excitement, but don't bet the bank, either!

    Now, let me have all your negatives!

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    500k for even the smallest of sections?? Don't think cantabrians will find that overly amusing - I'd rather pick up a section in the heart of fendalton

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    The model incudes a lot of very expensive infrastructure including aqua centre, golf course, lakes, golf course etc. I could not see in the documentation that the developer is obliged to include the infrastructure. This development has 50% more sections that Northwood but with a lot more infrastructure. I’m very sceptical

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    Indeed, without a lot of support from a very good number of developers and businesses, this wouldn't even get close to getting off the ground....

    They've brought the land and the model to go with it, not enough imo...

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    isnt there something spooky about creating a perfect town.....it fair gives me the creeps....drive around Northwood.....what a cold Miamai-look-alike...

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    quote:Originally posted by troyvdh

    isnt there something spooky about creating a perfect town.....it fair gives me the creeps....drive around Northwood.....what a cold Miamai-look-alike...
    yes indeed...
    as an aside, noticed an ad on tv for this for the first time yesterday

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    quote:isnt there something spooky about creating a perfect town
    http://www.celebrationfl.com/
    http://www2.sjsu.edu/faculty/wooda/celebration.html

    Yeah, real spooky.......

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    North Canterbury – is there something in the water. First there was Camp David at Waipara. Now Kyle Chapman is planning European Only mini-state next to Rangiora. Where else could this be – I hear Pegasus Town has lots of spare land.

    If its not Pegasus Town then they might be in for a bit of competition from a close neighbour. Kyle is trying to top PT’s dive spots with: a protected community, a meeting house, a social bar and training grounds. You could swap the perhaps sterile Pegasus Town culture for one that avoids multi cultural brainwashing, safety in numbers, unity in brilliant European effort and supportive interaction with like minded people.

    Kyle was a Mayoral candidate so why wouldn’t you want to join his merry band on this latest property development.

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    How they will get by without Chinese made clothing, Japanese cars, and Arabic oil is beyond me....

    What's Northwood?
    Disclaimer: Do not take my posts seriously. They are only opinions.

    AMR has sold all shares and is pursuing property.

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    Quote Originally Posted by AMR View Post
    How they will get by without Chinese made clothing, Japanese cars, and Arabic oil is beyond me....

    What's Northwood?
    Kyle isn’t into Japanese cars – he’s into your English land rover 4x4 – and not the new ones (who ever owns LR now). Probably not into Chinese clothes either – more your army fatigues available from the Army surplus store – probably ex US Marines would be his style.

    As for Northwood, have you seen the TV programme about the woman dope dealer and it starts with the Little boxes tick tacky song. Can’t remember the name but Northwood (with all due respect those living there) is kind of like that. It has its gated community; “country Club” no buses (don’t want the noise to upset the residents) and loads of covenants on what the houses have to be like (like no front fences) certain coloured brick and tile. All very “nice”. Based on some North American concept of community design and creation.

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    Quote Originally Posted by minimoke View Post
    Kyle isn’t into Japanese cars – he’s into your English land rover 4x4 – and not the new ones (who ever owns LR now). Probably not into Chinese clothes either – more your army fatigues available from the Army surplus store – probably ex US Marines would be his style.

    As for Northwood, have you seen the TV programme about the woman dope dealer and it starts with the Little boxes tick tacky song. Can’t remember the name but Northwood (with all due respect those living there) is kind of like that. It has its gated community; “country Club” no buses (don’t want the noise to upset the residents) and loads of covenants on what the houses have to be like (like no front fences) certain coloured brick and tile. All very “nice”. Based on some North American concept of community design and creation.
    Bullseye!

    Absolutely spot on...been a few mortgagee properties there already

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    Default Oh no - not another negative comment

    Quote Originally Posted by COLIN View Post
    This is creating heaps of interest ........ Pegasus could provide a bit of excitement! Don't knock excitement, but don't bet the bank, either!

    Now, let me have all your negatives!

    God's teeth - I'm sorry I clicked on the URL, feel like puking now. All those nice Arian looking people in their nice cutsie artificial environment. The girl on horseback can't be true - there would be 15 million covenants against what comes out of the back of the horse.
    And what about those old farts in the swimming pool - group swimming every Tuesday? No thanks. It just looks and feels like a place to go and quietly rot - I can hear the zimmer frame wheels squeaking from here - - Sorry, but I intend to wear out, not rust out.
    Oh, Lord - save us from the types of people that are attracted to plastic worlds and unreal lifestyles that are insulated from reality. And quite frankly, I've long ago had more than my fill of up and coming bloaty headed yuppies who needed their heads pulled out of their rear ends before you can say 'hello' - - so what maniac would possibly think that I'd ever consider going near a place that would have high concentrations of such devils spawn.
    Not that I'm prejudging anyone who would be so devoid of personality to ever want to live in such a tasteless and unimaginative environ. It is, after all, a free country that respects everyone's right to be as bland, featureless, dull, boring, kitsch, tedious and dreary as they like.

    I hope I haven't upset anyone. Then again if they are upset - they are probably not someone I would be heartbroken about upsetting anyway.

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    Quote Originally Posted by Casa del Energia View Post
    God's teeth - I'm sorry I clicked on the URL, feel like puking now.
    If you run out of self administered detox or bulimia tools here’s another link for you from the same people. http://www.mapleham.com/. I should probably put a “Viewer Warning” on it for you – but I’d much sooner see your considered opinion on this development.

  14. #14
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    Quote Originally Posted by minimoke View Post
    As for Northwood, have you seen the TV programme about the woman dope dealer and it starts with the Little boxes tick tacky song. Can’t remember the name but Northwood
    I’ve been worrying about it all night. Stepford Wives came to me, but its actually “Weeds”.

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    Default Death by McMansion overload

    Quote Originally Posted by minimoke View Post
    If you run out of self administered detox or bulimia tools here’s another link for you from the same people. http://www.mapleham.com/. I should probably put a “Viewer Warning” on it for you – but I’d much sooner see your considered opinion on this development.
    You are trying to kill me. Actually, it's my own fault - I ignored your warning and clicked on it. My retinas detatched, my brain atrophied into sludge and my bones decalcified in an instant.
    Just before that - there was one moment of joy - a halarious moment: did you notice the 'nice' foto of some dude sitting by an open fire outside (presumably) the club house? The fuel for the fire looks exactly like the stuff that comes out of the horse which was in the Pegasus ad blurbs. I wondered what they did with the horse poo.

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