View Full Version : The Tennery (D23, 99/103 years LH, Far East Organization)
Wild Falcon
03-01-11, 16:40
Hmm... interesting. Even crossing one road is like a big challenge huh? I'm sure there are some condos that no need to brave the sun/wind to reach MRT that will suit you bah :) But for most, crossing one road is small fry. It's really nitpicking already.
my comment only so far. Seriously the high traffic vol. really put me off if I need to walk in a cross junction (busy road) or sometimes hot sun/rainy days in the morning to MRT. No underpass ok but should be pleasant enough to walk. centris is ok to walk i suppose but not ten mile junction.
If there is above ground covered walk way without facing the traffic lights while waiting for the traffic light to turn green, guess still bearable.
Wild Falcon
03-01-11, 16:49
See map http://www.lta.gov.sg/images/20080715-DTL2.pdf and scroll to the end to Bukit Panjang Station. Looks like need to cross the Choa Chu Kang Road to reach the MRT station but definitely close enough IMHO. Different people got different walking speed - so some may take 2 min while others take 10 min lor to walk the 100 meters or so.
I'm the type who prefer to cross road then go up and down the underpass or overhead bridge - waste time only.
Kudos to moneymatters who bothers to dig hard enough for facts and reliable updated information (especially when everything is already out there). Somebody still thinks I'm joking about the presentation and info given by Minister Vivian, LTA, URA, etc.
All current plans blueprints of the MRT station and entrances/linkages are indeed here as pointed out by moneymatters:
http://www.ura.gov.sg/sales/JelebuPetirRd/MA/tenderdocs/JelebuPetirRd-Annex1.pdf
From what I can see, there will be only 3 entrances, 2 on the side of BP Plaza and 1 on the side of the Hindu temple. Closest to Tennery will only be the ventilation shafts, cooling towers, bulk meters, rubbish bin center, etc. Tennery residents will need to walk to Entrance B, no covered walkway/shelter in the plans.
Over at the other 2 entrances at the side of the new mixed developments, quite clear that covered walkways or underground passes are planned for.
Pretty clear to me the winners are Blk 185's residents, MRT literally at the door step!
A couple of overhead bridges will be demolished or shifted (one identified on the blueprint only), I can't exactly remember which one, maybe moneymatters can recall.
All the relevant info regarding Bukit Panjang MRT station, the access/exit, link bridge to LRT can be found in these URA links.
http://www.ura.gov.sg/sales/JelebuPetirRd/MA/JelebuPetirRd-intro(MA).html (http://www.ura.gov.sg/sales/JelebuPetirRd/MA/JelebuPetirRd-intro%28MA%29.html)
http://www.ura.gov.sg/sales/JelebuPetirRd/MA/tenderdocs/JelebuPetirRd-Annex1.pdf
Peter is right about Tennery being 1-2 mins walk to MRT station just across the traffic crossing. I attended the same presentation regarding DTL 2 update hosted by Lum Chang, SK Tiong Seng JV, GS & Hock Lian Seng JV and LTA engineers & architect where Minister Vivian was in attendance. The major take-away was that URA/LTA and various government agencies are working hard to bring about seamless integration for the future Bukit Panjang MRT/LRT/Bus interchange. If you take the time to go through the technical drawings/perspectives you will know that the MRT station is literally at the door step of Tennery minus the underground link for now. But this should pose little problem as the MRT access is less than 50 meters across the traffic junction. The biggest selling points for Tennery apart from creative design/SOHO concept & slick marketing is the DTL2 connectivity to CCL, NSL, NEL, EWL. future TSL, passing through Singapore premier education/schools corridor, proximity to green luings, park connector and Bukit Timah nature reserve. I am vested in two D23 3 bedder property but not Tennery. I see D23 as a future hot spot with fantastic upside due to its easy access to Bukit Timah schools & colleges once DTL2 comes into operation.
kingkong1984
03-01-11, 17:33
Very informative. May I know where is entrance A?
There is provision for connection to the
Sale Site via a knock out panel at Concourse Level at the subway to Entrance A.
Thank you moneymatters for the reasoned posting and report of your meeting!
Contrast with mr.troll who, while having access to the same information, chose to only highlight the sensational and whose favourite words were, "suckers", "greedy", "free and massive" and "rip-off".
The tone of his latest post is far more conciliatory as he has been shown up for what he is.
Joined in April 2009; two posts and then all quiet, and then now, returned with a bang!
Well that is enough; no more feeding trolls!
Regulators
03-01-11, 18:40
Today went down to tennery just to feel the buzz. Quite impressed with the loft concept and high ceiling. Cheapest one bedr going for 711k and there is west sun. The low flrs all got snapped up coz rental yield looking at 4.4% if one bedr can rent out at 2.5k. The FEO girl serving me also damn chio, in fact was concentrating on her more than what she was saying lol
I only like to troll your posts, because I know it irritates you, since they expose your lack of investor prudence :tongue3: . I come and I go as I like, and use whatever reportoire of language I wish. I have been around far longer than you've been investing since 1989.
Thank you moneymatters for the reasoned posting and report of your meeting!
Contrast with mr.troll who, while having access to the same information, chose to only highlight the sensational and whose favourite words were, "suckers", "greedy", "free and massive" and "rip-off".
The tone of his latest post is far more conciliatory as he has been shown up for what he is.
Joined in April 2009; two posts and then all quiet, and then now, returned with a bang!
Well that is enough; no more feeding trolls!
I only like to troll your posts, because I know it irritates you, since they expose your lack of investor prudence :tongue3: . I come and I go as I like, and use whatever reportoire of language I wish. I have been around far longer than you've been investing since 1989.
Oh good for you!
Must be really old now; I guess senile dementia?
And it doesn;t irritate at all, just makes me laugh a lot.
moneymatters
03-01-11, 19:33
Guys take it easy ok...maybe this video will ease the tension here.
http://www.youtube.com/watch?v=_RzgtJ3fzew
moneymatters
03-01-11, 20:05
Kudos to moneymatters who bothers to dig hard enough for facts and reliable updated information (especially when everything is already out there). Somebody still thinks I'm joking about the presentation and info given by Minister Vivian, LTA, URA, etc.
All current plans blueprints of the MRT station and entrances/linkages are indeed here as pointed out by moneymatters:
http://www.ura.gov.sg/sales/JelebuPetirRd/MA/tenderdocs/JelebuPetirRd-Annex1.pdf
From what I can see, there will be only 3 entrances, 2 on the side of BP Plaza and 1 on the side of the Hindu temple. Closest to Tennery will only be the ventilation shafts, cooling towers, bulk meters, rubbish bin center, etc. Tennery residents will need to walk to Entrance B, no covered walkway/shelter in the plans.
Over at the other 2 entrances at the side of the new mixed developments, quite clear that covered walkways or underground passes are planned for.
Pretty clear to me the winners are Blk 185's residents, MRT literally at the door step!
A couple of overhead bridges will be demolished or shifted (one identified on the blueprint only), I can't exactly remember which one, maybe moneymatters can recall.
Entrance B serves residents from Tennery, Phoenix Estate, Jalan Teck Whye, approximately 30 meters from traffic cross junction. Refer to page 7 of URA docs. Existing overhead bridge at Junction Ten (f.k.a Ten Mile Junction) will be rebuild at existing location. Current overhead bridge opposite Indian temple/Nursery will be demolished and replace with underpass linking entrance B & A (refer to page 9). Entrance A will have additional under canal linkage (by Lum Chang) and sky bridge to LRT mezzanine level and future integrated transport hub. Entrance A will serve Maysprings, Jelebu Block 181-185 and residents from future mixed development project at Petir/Jelebu
I'm not saying Tennery is a good buy. Just thinking that whether or not if there is a direct underpass to the MRT station or above-ground covered walkway really matters that much. In fact, very few developments have direct underpass to MRT stations (Centris? Also not underpass). Staying indoors all the time can be unhealthy as well. So I'm a bit "surpised" by all the negative comments about not having an underpass as if it is a "very bad" thing when it is not.
Hot day is not too bad, rainy day will not be too good. Singapore is getting wetter and hotter thanks to climate change. Covered walkway will be a solution.
proud owner
03-01-11, 20:33
FEO up the prices...more bees chiong in!!!
power leh...expensive must be good mah...proud_owner say one
ahhaha yes i did say that before
thats sporean's mentality lor ...expensive = good
just flew in from JFK ..... FEO switched its advert on SQ flights from Silversea to JARDIN (sounds like ZAR TAN, grenade)
kingkong1984
03-01-11, 20:44
Yes u said tat.
Nevermind lah, extremes will result in bubble and u could buy them later. Why be afraid of cooling measures when u can buy them. Balance your exposure will be good. Be ready to buy when next dip hits.
Dude, that's a cheap low shot name-calling me senile, which probably is a better fitting description of you posting half-truths, speculations and misinformation as a vested buyer, which brings you no credibility.
Learn to be gracious and give credit where credit is due when I was the first to point out the source of all reliable information about MRT-related installation at URA, and moneymatters the second to corroborate that:
- there is a flyover in front of the development
- underpass is optionally only from MRT station to the new mixed development site, and not Tennery
- there is no underpass or MRT exit to Senja or Tennery
- there are only 3 entrances to the MRT station, not 4 as claimed by you
You want to make money, better get at the source of reliable, privileged information about the locality BEFORE you plonk down the money. If not, you are probably late to the game and sometimes, you die laughing.
Oh good for you!
Must be really old now; I guess senile dementia?
And it doesn;t irritate at all, just makes me laugh a lot.
kingkong1984
03-01-11, 21:20
To be fair, you don't need perfect info to make the decisions. Sometimes a hunch or a gut feeling will do. Look at all experts out there, who can predict the next crash?
Sharing and have a gd laugh at each others mistakes is a happy way to learn from one another.
The real powerweights dun chat in here. Watching maybe but not posting.
moneymatters
04-01-11, 07:30
To be fair, you don't need perfect info to make the decisions. Sometimes a hunch or a gut feeling will do. Look at all experts out there, who can predict the next crash?
Sharing and have a gd laugh at each others mistakes is a happy way to learn from one another.
The real powerweights dun chat in here. Watching maybe but not posting.
Agreed, Skyhigh acted on his gut feel and bought his unit early. He took the plunge and I believe he is now already sitting on some handsome (unrealised) profit judging by how well the project is doing (subsequent price adjustments). Learned from a non-FEO agent that the project is more than 80% sold based on 338 units. Can anyone verify this info?
Agreed, Skyhigh acted on his gut feel and bought his unit early. He took the plunge and I believe he is now already sitting on some handsome (unrealised) profit judging by how well the project is doing (subsequent price adjustments). Learned from a non-FEO agent that the project is more than 80% sold based on 338 units. Can anyone verify this info?
Yes and no.
I have other properties in D23 so know the area well; I feel that this one will be different, as in 'new-age' D23 compared to tried and tested Hillview etc. A few days ago I saw a young Indian expat couple struggling with their baby in a pram outside Maysprings trying to hail a taxi; I don't think they would be the sort of tenants Tennery will attract.
So that was gut feel.
The connectivity factor has been known for some time and mass market properties with nearby MRTs do better.
I personally hate malls and try and avoid them but the fact remains that folks want the amenities, and door-step convenience, so they should be more than happy with what Junction 10 and the new development across the road will offer.
So that was more 'hard facts'.
Flyover? Not an issue for a development that is main road/cross road to begin with and if it allows smoother traffic then good for drivers.
Time will tell if the decision was a good one but I am non-plussed as the sum involved is not huge.
ST today reports that 238 units have been sold as of yesterday out of 299 released which is pretty impressive.
kingkong1984
04-01-11, 08:42
Skyhigh knows what he is into. He is prepared for anything bad. How low can it drop if it ever drop? 20%?
Do you know why CCR appreciated so much? Just take inflation rate along
OCR - 1 Million, 3% = 30k
CCR - 3 Million, 3 % = 90k
and over 10 years would be 300k versus 900k.
Would you place 1 egg in CCR or 3 eggs in OCR?
Skyhigh knows what he is into. He is prepared for anything bad. How low can it drop if it ever drop? 20%?
Do you know why CCR appreciated so much? Just take inflation rate along
OCR - 1 Million, 3% = 30k
CCR - 3 Million, 3 % = 90k
and over 10 years would be 300k versus 900k.
Would you place 1 egg in CCR or 3 eggs in OCR?
wouldn't above post better fit in CCR vs OCR thread? that thread seems dead.
devilplate
04-01-11, 09:35
Skyhigh knows what he is into. He is prepared for anything bad. How low can it drop if it ever drop? 20%?
Do you know why CCR appreciated so much? Just take inflation rate along
OCR - 1 Million, 3% = 30k
CCR - 3 Million, 3 % = 90k
and over 10 years would be 300k versus 900k.
Would you place 1 egg in CCR or 3 eggs in OCR?
or 3 MM eggs in CCR?:p
SP specialist
04-01-11, 09:48
Now left about 45+ units avail as from yesterday when i submitted my selection form to Far east agent
Now left about 45+ units avail as from yesterday when i submitted my selection form to Far east agent
Did you choose 'cool' or 'warm'?
I personally prefer the old-fashioned beigey marble and warm wood finish but I chose cool white and black as I think this would be more appealing to the young.
Also chose loft above kitchen; I heard that some buyers are opting for two lofts (extra charge but still cheaper than getting your own ID to do)...
Regulators
04-01-11, 11:43
i think the upper deck in the master bedroom serves better than above the kitchen. usually cooking area better to have higher ceiling.
Did you choose 'cool' or 'warm'?
I personally prefer the old-fashioned beigey marble and warm wood finish but I chose cool white and black as I think this would be more appealing to the young.
Also chose loft above kitchen; I heard that some buyers are opting for two lofts (extra charge but still cheaper than getting your own ID to do)...
i think the upper deck in the master bedroom serves better than above the kitchen. usually cooking area better to have higher ceiling.
I don't think there is going to be much cooking going on in this place, and the loft in the bedroom compromises privacy if it needs to be used for some purpose.
The 2-bedders can do two lofts and that would be quite a good arrangement but for the 1-bedder the effect I feel would be claustrophobic...
Regulators
04-01-11, 13:05
kitchen usually a smokey area, not advisable to have a loft there. lofts are usually used as rest or relaxation area, to have a relaxation or rest area above the kitchen just doesnt fit, just my opinion.
I don't think there is going to be much cooking going on in this place, and the loft in the bedroom compromises privacy if it needs to be used for some purpose.
The 2-bedders can do two lofts and that would be quite a good arrangement but for the 1-bedder the effect I feel would be claustrophobic...
Regulators
04-01-11, 13:09
skyhigh, did you get the south-east unit facing outside or the north-west unit facing outside? Those on the 5th floor and below all priced more reasonably compared to those priced on higher floors. i was also quite shocked when the FEO salesgirl told me each floor price dif is 13k plus :scared-4: . It is also quite strange that stacks closer to woodlands rd are more expensive than those away from woodlands rd.
Wild Falcon
04-01-11, 13:30
I think I should head down to see why this tingy is selling so well at this kind of prices. Bukit Panjang leh! I know got MRT but then Cashew and Hillview and beauty world also got MRT and not this kind of PSF wor. I think I'll wait for the mixed development in Hillview then....
Regulators
04-01-11, 13:34
as of yesterday, only 40 odd units left. prices now are from 11xxpsf to 12xxpsf. FEO staff also very on, just now just received a call from the same chio FEO girl.
I think I should head down to see why this tingy is selling so well at this kind of prices. Bukit Panjang leh! I know got MRT but then Cashew and Hillview and beauty world also got MRT and not this kind of PSF wor. I think I'll wait for the mixed development in Hillview then....
kingkong1984
04-01-11, 13:49
It should sell out by 2nd quarter 2011.
I think I should head down to see why this tingy is selling so well at this kind of prices. Bukit Panjang leh! I know got MRT but then Cashew and Hillview and beauty world also got MRT and not this kind of PSF wor. I think I'll wait for the mixed development in Hillview then....
The SOHO concept and high ceiling are still novelties for MM. However Bukit Panjang area is predominantly residential, so I feel that the record psf may be difficult to break by other new projects. Unless the government develops it into a business district (unlikely for the next 10 years).
The SOHO concept and high ceiling are still novelties for MM. However Bukit Panjang area is predominantly residential, so I feel that the record psf may be difficult to break by other new projects. Unless the government develops it into a business district (unlikely for the next 10 years).
IMHO, the pricing now is pure sentiments driven. I believe there is still $$$ to be earned and seasoned investors here know what they getting into.
However, for people like me with smaller resources, it's prudent to hold cash ready to pounce when market corrects.
Call me evil if you would. I am quietly hopeful when I know many greedy people who do not even compute their installment obligations when interest rate move up to 2,3 and even 5%. I think they will be many panicky aunties and uncles around as many have not the experiences receiving from bank installment increase letter every month.
Regards
Wild Falcon
04-01-11, 15:21
Maybe its the chio FEO girl that makes the difference :D Some more everyday SMS you.... kekekeke....
as of yesterday, only 40 odd units left. prices now are from 11xxpsf to 12xxpsf. FEO staff also very on, just now just received a call from the same chio FEO girl.
Regulators
05-01-11, 00:33
i think this FEO girl should just be a property agent and market sentosa properties, throw a few ***y glances and smiles, sure can sell...
Maybe its the chio FEO girl that makes the difference :D Some more everyday SMS you.... kekekeke....
LOL is that all you can offer with your "gut feel" and "hard facts"? I'm not impressed.
Indian expat couple with a kid of course wants at least a 2 bed-room, not your 1 bed-room for rent. I don't see your logic or gut feel here.
And your "hard fact", isn't it any real estate buyer or investor's common sense that he/she would want amenities nearby? I call this common sense, not a fact.
Flyover not an issue? Talk to more potential renters and see if that is an issue when you see and hear trucks, lorries, heavy vehicles from JB and Kranji industrial estate barreling up and down noisily the slopes of the flyover. Some of these JB trucks are notoriously smoky and noisy, and takes forever to climb even a gentle incline. And you'll get more of these trucks once the traffic gets smoothed out with flyovers closer to 2015.
All in, I'd put my money in the new mixed development sites in either the Jelebu/Petir road site or the Hillview site, not here. Tennery will in time be just a poor cousin of the Jelebu/Petir road mall/condo in terms of commercial tenant mix and the condo residents.
As a buyer/owner, I'd prefer a potential Upper Bt Timah Road address at the new mixed site, rather than a 1 Woodlands Road address. Remember there will 3 malls within 1 km radius in this area in 2015 and beyond, retail competition will be extremely intense. Stores will gravitate to the best-connected and heaviest-traffic mall in this area, which is likely to be the new mixed development site (with bus-interchange, MRT, and 5 storeys of commecial space at least from what I've seen of the artist rendition if it's accurate enough), followed by existing BP Plaza and lastly Junction 10 (with only 2 floors of smallish retail space). Going by your new-age lifestyle dream tenant, it's not hard to argue that the outcome of retail/commercial competition will drive tenants to the new mixed development, and Tennery will just capture whatever residual demand left.
Yes and no.
I have other properties in D23 so know the area well; I feel that this one will be different, as in 'new-age' D23 compared to tried and tested Hillview etc. A few days ago I saw a young Indian expat couple struggling with their baby in a pram outside Maysprings trying to hail a taxi; I don't think they would be the sort of tenants Tennery will attract.
So that was gut feel.
The connectivity factor has been known for some time and mass market properties with nearby MRTs do better.
I personally hate malls and try and avoid them but the fact remains that folks want the amenities, and door-step convenience, so they should be more than happy with what Junction 10 and the new development across the road will offer.
So that was more 'hard facts'.
Flyover? Not an issue for a development that is main road/cross road to begin with and if it allows smoother traffic then good for drivers.
Time will tell if the decision was a good one but I am non-plussed as the sum involved is not huge.
ST today reports that 238 units have been sold as of yesterday out of 299 released which is pretty impressive.
For bros considering BP area, i have lived 15 years of my life in BP, before i move to new place at tiong bahru..... So wanna share some of my experience for those considering Tennry.
U might wanna know that during peak hours in the morning and evening, the traffic is super heavy along the woodlands road leading up to upper bukit timah road. With tons of new flat building along woodlands road, and the endless roadworks going on, i dont think the situation will improve much. The traffic T junction at 10 mile juntion is very heavy. further up the woodlands road turning into MINDEF area is also adding to the woes, there is considerable cars waiting to turn at that junction.
moneymatters
05-01-11, 04:27
http://rds.yahoo.com/_ylt=A0oGdWwakSNNgWgA6zlXNyoA;_ylu=X3oDMTE1ZnN2c2JuBHNlYwNzcgRwb3MDMgRjb2xvA3NrMQR2dGlkA1NNRTAxNF8xNTg-/SIG=13rf59g22/EXP=1294262938/**http%3a//app.lta.gov.sg/corp_press_content.asp%3fstart=0pu38lbbk55bdqovbw1vkr959x8zkb8p242p65xki2dk2mp9q3
moneymatters
05-01-11, 04:29
Two New Flyovers to Improve Traffic Flow Along Upper Bukit Timah/Woodlands Road Corridor
1. The Land Transport Authority (LTA) is constructing two new flyovers and widening parts of Upper Bukit Timah Road & Woodlands Road to improve the overall traffic flow along this road corridor.
2. Upper Bukit Timah Road and Woodlands Road is as a key arterial road corridor for the north-western part of Singapore, serving the Kranji and Mandai industrial estates as well as the Bukit Panjang and Choa Chu Kang residential estates. Currently, the corridor experiences high traffic volumes, especially at key junctions and intersections during peak hours.
3. When the road widening and improvement works are completed in 2015, there will be three continuous lanes in both directions. Motorists travelling along this road corridor can expect shorter journey times by using the new flyovers to bypass the traffic junctions at Woodlands Road/Bukit Panjang Road and Upper Bukit Timah Road/Dairy Farm Road/Hillview Road.
4. Please refer to Annex A (http://www.lta.gov.sg/images/Annex%20A-%20Map%20of%20Widening%20of%20Woodlands%20Road-Upp%20Bt%20Timah%20Road.pdf) for the location map for this road improvement project.
Minimising Inconvenience to Road Users
5. The road widening and improvement works are expected to commence in the second half of 2011. To minimise the period of disruption to the residents and motorists, LTA will dovetail the road works with the ongoing construction of DTL2 stations and tunnels, so that the reinstatement of the road carriageway affected by the DTL2 construction will also incorporate the road improvement works. By taking this construction approach, the overall construction time will be shortened.
6. "When completed, the new road and rail infrastructural developments will greatly benefit residents and businesses in the north western parts of the island. By coordinating the schedules of work, we are able to ensure a smooth transition between the two projects and, at the same time minimise the disruption to nearby stakeholders," said Mr Lim Bok Ngam, Acting Chief Executive Land Transport Authority.
Land Acquisition
7. To facilitate the road improvement works and construction of the new flyovers, the Government will need to acquire private lands along the corridor under the Land Acquisition Act. The acquisition will involve a row of shop houses along Woodlands Road and part lots along Upper Bukit Timah Road. The Singapore Land Authority (SLA) has gazetted the lands affected by the acquisition.
kingkong1984
05-01-11, 05:21
The mixed development is a good choice only if launched prices are attractive. 1500 psf if launched by next year sound good? Traffic bad take mrt lor. Not at home most of the time and as long as it's cool and quiet at night, good. This is a winner if that one is much much higher. I would think that the asking would be at least 1300 psf to 1600 psf by early next year. But I am just guessing.
This SOHO is a play on smaller size and quantum. It is less risky in tat sense. Since it's just 1 and 2 bedders, it will attract mainly single professionals or small families. Mixed development have a bigger mix and some may not prefer that.
fooblackie
05-01-11, 08:07
Two New Flyovers to Improve Traffic Flow Along Upper Bukit Timah/Woodlands Road Corridor
1. The Land Transport Authority (LTA) is constructing two new flyovers and widening parts of Upper Bukit Timah Road & Woodlands Road to improve the overall traffic flow along this road corridor.
2. Upper Bukit Timah Road and Woodlands Road is as a key arterial road corridor for the north-western part of Singapore, serving the Kranji and Mandai industrial estates as well as the Bukit Panjang and Choa Chu Kang residential estates. Currently, the corridor experiences high traffic volumes, especially at key junctions and intersections during peak hours.
3. When the road widening and improvement works are completed in 2015, there will be three continuous lanes in both directions. Motorists travelling along this road corridor can expect shorter journey times by using the new flyovers to bypass the traffic junctions at Woodlands Road/Bukit Panjang Road and Upper Bukit Timah Road/Dairy Farm Road/Hillview Road.
4. Please refer to Annex A (http://www.lta.gov.sg/images/Annex%20A-%20Map%20of%20Widening%20of%20Woodlands%20Road-Upp%20Bt%20Timah%20Road.pdf) for the location map for this road improvement project.
Minimising Inconvenience to Road Users
5. The road widening and improvement works are expected to commence in the second half of 2011. To minimise the period of disruption to the residents and motorists, LTA will dovetail the road works with the ongoing construction of DTL2 stations and tunnels, so that the reinstatement of the road carriageway affected by the DTL2 construction will also incorporate the road improvement works. By taking this construction approach, the overall construction time will be shortened.
6. "When completed, the new road and rail infrastructural developments will greatly benefit residents and businesses in the north western parts of the island. By coordinating the schedules of work, we are able to ensure a smooth transition between the two projects and, at the same time minimise the disruption to nearby stakeholders," said Mr Lim Bok Ngam, Acting Chief Executive Land Transport Authority.
Land Acquisition
7. To facilitate the road improvement works and construction of the new flyovers, the Government will need to acquire private lands along the corridor under the Land Acquisition Act. The acquisition will involve a row of shop houses along Woodlands Road and part lots along Upper Bukit Timah Road. The Singapore Land Authority (SLA) has gazetted the lands affected by the acquisition.
Not exactly confident that the flyover connecting woodlands road and upper BKT road will ease the traffic at that particular T-junction directly beside tennery. Lots of vehicles coming from CCK and bukit batok will use the t-junction and will miss the flyer completely since this caters to the traffic from woodlands side.
Once the mrt is up, I expect the traffic to become further congested as it is very near to this particular juncture (<100 - 200m).
Hoping the MRT will ease the traffic once it is up, when drivers like me may eventually give up driving altogether due to the heavy traffic situation...
Those buying Tennery or hillview area will have to make sure that you are not driving towards the city direction. There is an ERP + A usual queue to PIE at the Anak Bukit Flyover + Slow traffic towards Clementi Road. The heavy trucks along woodlands and upper bukit timah are really a pain. If you are taking future MRT, I guess it's fine.
devilplate
05-01-11, 10:13
Those buying Tennery or hillview area will have to make sure that you are not driving towards the city direction. There is an ERP + A usual queue to PIE at the Anak Bukit Flyover + Slow traffic towards Clementi Road. The heavy trucks along woodlands and upper bukit timah are really a pain. If you are taking future MRT, I guess it's fine.
MRT definitely faster den driving during peak hrs for tat area
Wild Falcon
05-01-11, 10:15
Hillview part is fine because Anak Bukit jam has disappeared for years. But I think Woodlands road side more jialat. But Hillview should be fine in terms of traffic - both to an fro because the southern part of Upper Bukit Timah is fine. And ERP is 50 cents anyway and Hillview will not kena due to many different possible routes. I know of some areas like Bishan everyday kena $10 ERP. But I think those buying Tennery probably will take the MRT bah, esp when it hits town in like 18min?
Those buying Tennery or hillview area will have to make sure that you are not driving towards the city direction. There is an ERP + A usual queue to PIE at the Anak Bukit Flyover + Slow traffic towards Clementi Road. The heavy trucks along woodlands and upper bukit timah are really a pain. If you are taking future MRT, I guess it's fine.
IMHO, the pricing now is pure sentiments driven. I believe there is still $$$ to be earned and seasoned investors here know what they getting into.
However, for people like me with smaller resources, it's prudent to hold cash ready to pounce when market corrects.
Call me evil if you would. I am quietly hopeful when I know many greedy people who do not even compute their installment obligations when interest rate move up to 2,3 and even 5%. I think they will be many panicky aunties and uncles around as many have not the experiences receiving from bank installment increase letter every month.
Regards
Even if the interest rate doesn't move up, it could be a case of too many landlords look for too few quality tenants. When the yield disappoints or landlord ends up subsidising the tenants, then people will start to sell.
For e.g. Looking at The Parc that already TOP for 6 months, many units are still looking for tenants. At other relatively new condos, I'm starting to see some 'For Rental' banners, which means the owner couldn't find a good new tenant before the previous tenant vacated.
devilplate
05-01-11, 10:19
Even if the interest rate doesn't move up, it could be a case of too many landlords look for too few quality tenants. When the yield disappoints or landlord ends up subsidising the tenants, then people will start to sell.
For e.g. Looking at The Parc that already TOP for 6 months, many units are still looking for tenants. At other relatively new condos, I'm starting to see some 'For Rental' banners, which means the owner couldn't find a good new tenant before the previous tenant vacated.
look at The Sail.....always tons of rental ads in pptyguru....but tat doesnt mean prices will go south mah rite?
chanced upon this ad...looks cheap hor...below 2kpsf wor
http://www.propertyguru.com.sg/listing/2192362/for-sale-the-sail-marina-bay
When we have many more of these new condos like The Parc then it will create more downward pressure on the rental, and maybe the prices.
devilplate
05-01-11, 14:26
When we have many more of these new condos like The Parc then it will create more downward pressure on the rental, and maybe the prices.
Oversupply story been there since 2007
From 2006 to 2010, there was a serious lack of HDB yet the immigration numbers climbed up very fast (although it gradually moderated downwards towards 2010 due to political pressure).
This drove up the selling price and rental of HDB tremedously. The fat profit quickly allowed HDB upgraders to move into mass market condos to absorb the supply. Many developers also pushed back their launch by a few years to reduce over-supply e.g. D'Leedon.
I would expect the condo over-supply (especially for rental) issue to be more problematic this time.
the problem with Sohos is that the final reality may not be as initially advertised. Look at Central Soho. When took keys there were quite a bit of residents, the rest were empty units. now residents make up 10-15% with the rest leased out to offices. quite funny as next door to you might be a singing school, or chiropractor, shipping company etc. common areas were swarmed with employees of commercial tenants that the mcst had to clamp down on access, but no use as even up to today, you find employees smoking enmasse in the sky garden, and god knows who using the gym etc. Elevators also cannot cope with the load and break down once a month.
Today, Central is no longer residential, it's a commercial office development and residents are an afterthought. luckily, it was launched at 700psf so owners are not complaining as rental yield is now 8-9psf
A vicious cycle. The price increase is due to BTO and land price peg to market, not foreigners.
Imagine.
HDB releases in tampines, price is based on formula on surrounding properties - public and private.
Private developers takes cue and price accordingly.
If BTO is not successful, demand pent up and those who can't wait pay higher for resale.
As a result, price of next BTO increases, so does private....
Ever wonder why MBT and HDB staunchly refuse to be transparent on formula and land prices...
What ever that happens that results in price increase is deliberate and in line with gahmen official propoganda on asset appreciation equating growing wealth of singaporeans.....
When gahmen saves calibrated measures to cool market... I wanna laugh... it's really monopolistic profit maximising given HDB is a price setter and dominant supplier with >80% of market share.
Regards
From 2006 to 2010, there was a serious lack of HDB yet the immigration numbers climbed up very fast (although it gradually moderated downwards towards 2010 due to political pressure).
This drove up the selling price and rental of HDB tremedously. The fat profit quickly allowed HDB upgraders to move into mass market condos to absorb the supply. Many developers also pushed back their launch by a few years to reduce over-supply e.g. D'Leedon.
I would expect the condo over-supply (especially for rental) issue to be more problematic this time.
look at The Sail.....always tons of rental ads in pptyguru....but tat doesnt mean prices will go south mah rite?
chanced upon this ad...looks cheap hor...below 2kpsf wor
http://www.propertyguru.com.sg/listing/2192362/for-sale-the-sail-marina-bay
Holding cost and potential of the area are different. The Sail launch price was around $1k psf. Now MM at suburbs are launched around $1.2k psf. The marina bay is still under development into a massive financial hub and The Sail is just one of the rare condos in that area. I'm not aware of any major plans for Bukit Panjang but I do know that there are many condos in that area to compete.
Hi
I do not believe there will be problem with condo over-supply.
I expect gahmen to rein in BTO and increase foreign talent intake after the elections.
Developers will offer those withheld units for rentals if demand wanes. I am sure there is no rules restricting developers from doing so.
Gahmen will ensure no price decrease to maintain stable tax revenue. They certainly do not want major developers claiming tax credits from losses.
Regards
From 2006 to 2010, there was a serious lack of HDB yet the immigration numbers climbed up very fast (although it gradually moderated downwards towards 2010 due to political pressure).
This drove up the selling price and rental of HDB tremedously. The fat profit quickly allowed HDB upgraders to move into mass market condos to absorb the supply. Many developers also pushed back their launch by a few years to reduce over-supply e.g. D'Leedon.
I would expect the condo over-supply (especially for rental) issue to be more problematic this time.
Regulators
05-01-11, 20:07
To add, with more GLS on the pipeline, gahmen has to ensure market prices can support their selling prices for the land to developers.
Gahmen will ensure no price decrease to maintain stable tax revenue. They certainly do not want major developers claiming tax credits from losses.
Regards
kingkong1984
06-01-11, 04:03
Land price will not be cheap, cheaper than 250 psf of possible build up area. If want cheap land, it will be land sales in the same district but not near mrt sites. Is it in the interest for govt to crash? No..., cooling is ok, just put a stop to sudden increases. 30% LTV makes alot of difference already. 1 million would mean 100k extra.
I just visited the show flat. 41 units still available and checks are being collected for unreleased unit. 1 unit even got 4 checks collected, not sure how they decide who to sell to.
I am amazed at the price.
I am even more amazed they call this loft- misrepresentation????
There ceiling is 3.4m high - 2m from floor to base of loft, 10 cm for loft, another 15 cm for false ceiling, only 1.05m left; how pathetic.
Regards
Wild Falcon
06-01-11, 20:57
in most cases, the loft which is like double-volume ceiling will charge you double the space. In this case, FEO is just giving a higher ceiling but I believe the extra space is not counted? So can't really say that it is a misrepresentation.
Honestly, this is just higher ceiling. If you're familiar with FEO projects, I believe most have at least 3.1-3.2 meters ceiling. So they suddenly realise when comparing against some Keppel and City Development projects with 2.7m low ceiling, this is a selling point. So I guess they decide to up the ceiling height to 3.4m and then market it differently.
I like high ceiling and I rank it highly - more highly than those "branded" appliances :)
I just visited the show flat. 41 units still available and checks are being collected for unreleased unit. 1 unit even got 4 checks collected, not sure how they decide who to sell to.
I am amazed at the price.
I am even more amazed they call this loft- misrepresentation????
There ceiling is 3.4m high - 2m from floor to base of loft, 10 cm for loft, another 15 cm for false ceiling, only 1.05m left; how pathetic.
Regards
Central's ceilings are 5.8m, airspace not charged. Cost of building a loft after TOP is $20k including structure and flooring.
High ceiling makes the unit brighter and more airy.
kingkong1984
06-01-11, 22:26
High ceiling makes the unit brighter and more airy.
The envy of HDB folks. HDB upgraders would like to go for it. It's like a WOW factor.... you walk out from a small house to a taller house.... though smaller.... its extra ordinary for majority of HDB folks....(some HDB have Loft's)
rattydrama
08-01-11, 14:13
travelled on MRT today, pass by Bukit Batok MRT, one kid should be less than 10 year old saw The Jade condo and exclaimed "wow! condo lah, condo lah." At this rate, will u want to buy some more?
another one most interesting thing I observed today is CCR ppty flashing full page in the straits times.
Congrats if you have already pen down your investment ppty yesterday. :spliff:
http://forums.condosingapore.com/showthread.php?t=10530
Good project.
http://forums.condosingapore.com/showthread.php?t=10530
Good project.
Funny...good project? & yet the location is lousy..as far as traffic congestion is concerned
Further the price is record high for CCK...
Not wise to buy at record high....
Everyday Woodlands Road is heavily used by a lot of Malaysia registered heavy trucks, which emit much exhaust fumes hence terrible air pollution.
No master plan at CCK unlike the Jurong Lakeside District.
Even today latest news, the govt announce remaking master plan for Hougang, East Coast & Jurong Lake, but no mention of CCK.
Funny...good project? & yet the location is lousy..as far as traffic congestion is concerned
Further the price is record high for CCK...
Not wise to buy at record high....
Everyday Woodlands Road is heavily used by a lot of Malaysia registered heavy trucks, which emit much exhaust fumes hence terrible air pollution.
No master plan at CCK unlike the Jurong Lakeside District.
Even today latest news, the govt announce remaking master plan for Hougang, East Coast & Jurong Lake, but no mention of CCK.
You said in Mi Casa asking people to follow FEO's strategy. Buy low, sell high. Plus sell at record high. If unable to find a buyer, will keep. Isn't this what is being done at Tennery? Setting a record there.
Bad traffic is temporary, By 2015, things would definitely be better.
Read in other forum my hometown that you have stated that you bought a Mi Casa at tower C2 facing Mosque and now EC top floor somemore... hehehe akow is akow. :)
Mine is on Tower C2, which is still now a piece of empty land between C1 and C3...
I stay at tower C2 too, top floor facing the mosque.
Neighbour hah??
TOP expected at sometime Mar 2012.
You said in Mi Casa asking people to follow FEO's strategy. Buy low, sell high. Plus sell at record high. If unable to find a buyer, will keep. Isn't this what is being done at Tennery? Setting a record there.
Bad traffic is temporary, By 2015, things would definitely be better.
Read in other forum my hometown that you have stated that you bought a Mi Casa at tower C2 facing Mosque and now EC top floor somemore... hehehe akow is akow. :)
Mine is on Tower C2, which is still now a piece of empty land between C1 and C3...
I stay at tower C2 too, top floor facing the mosque.
Neighbour hah??
TOP expected at sometime Mar 2012.
By 2015, the CCK area traffic will be worse because there will be more BTO projects and condos TOP. Traffic to that area will increase as a result, and vehicle population is still allowed to grow at 1.5%.
By 2015, the CCK area traffic will be worse because there will be more BTO projects and condos TOP. Traffic to that area will increase as a result, and vehicle population is still allowed to grow at 1.5%.
Woodlands road would continue to be used by all the Malaysia registered heavy trucks each day, hence poor air quality & high noise level...
The land cost is about $430psf, & unit sold at above $1100psf, hence large profit margin. Whoever buy it could expect to hold for many years before breakeven.
Good luck..
devilplate
09-01-11, 10:58
Woodlands road would continue to be used by all the Malaysia registered heavy trucks each day, hence poor air quality & high noise level...
The land cost is about $430psf, & unit sold at above $1100psf, hence large profit margin. Whoever buy it could expect to hold for many years before breakeven.
Good luck..
the project sell quite well....which means developer underpriced leh....haha
kingkong1984
09-01-11, 11:09
the project sell quite well....which means developer underpriced leh....haha
Yes, totally agree. But I do think it's Set as priced to sell. So they can bid for mixed development which is better designable and better linked to mrt. Also, the successful sale will draw future investors to that mixed project. Success leads to success theory. Earlier on I was stating the tannery prices should follow centro in amk. It should and as it is sold cheaper, I would draw inferences that it is as stated above. Stock cleared Liao, got more ammo to stock up again. The commercial is the prized collection. Anyway ammo not a prob at all to FEO, just giving logical reasons there.
shauntanzs
09-01-11, 19:21
Just came back from showroom. Really very efficient layout. Clap clap for far east. Showroom still pack with people n saw option flying around in the hall. Around 40 units left. I really like the high ceiling concept, can ask maid to sleep upstair haha...
I still feel price is alittle steep and is not sure if the 1bedder can really lease out at 2.8k for 4% yield??
I hope there will be more of such development in future..
kingkong1984
09-01-11, 19:39
It should sell out by 2nd quarter 2011.
maybe earlier
Yes, totally agree. But I do think it's Set as priced to sell. So they can bid for mixed development which is better designable and better linked to mrt. Also, the successful sale will draw future investors to that mixed project. Success leads to success theory. Earlier on I was stating the tannery prices should follow centro in amk. It should and as it is sold cheaper, I would draw inferences that it is as stated above. Stock cleared Liao, got more ammo to stock up again. The commercial is the prized collection. Anyway ammo not a prob at all to FEO, just giving logical reasons there.
the commercial units are not for sale...
kingkong1984
09-01-11, 20:29
Of course I know that lah. Prized collection for Feo. They growing the dominance there. Noticed that sometime ago. Especially from now on, If FEo win any mixed dev. Retail commercial would be kept as investment by them. Get it? Greenwich commercial also not for sale rite? Mixed plot if won by them there will be the same.
Of course I know that lah. Prized collection for Feo. They growing the dominance there. Noticed that sometime ago. Especially from now on, If FEo win any mixed dev. Retail commercial would be kept as investment by them. Get it? Greenwich commercial also not for sale rite? Mixed plot if won by them there will be the same.
I'm glad FEO is keeping the commercial part. I'll be worried if they sold it. shopping malls that are sold piecemeal (like lucky plaza, far east plaza) are heading downhill. There no control on the tenant mix, no one to do promotions, events etc. The value of the residential units above can't be good is the mall below is crappy.:(
rattydrama
10-01-11, 08:45
I'm glad FEO is keeping the commercial part. I'll be worried if they sold it. shopping malls that are sold piecemeal (like lucky plaza, far east plaza) are heading downhill. There no control on the tenant mix, no one to do promotions, events etc. The value of the residential units above can't be good is the mall below is crappy.:(
But they are not as good as capital land and centre points property. I have seen for myself those managed by Far East at prime areas still left unoccupied with very low traffic.
Oversupply speculation every year but government and media always indicate under supply/...
Just buy if you like
kingkong1984
13-01-11, 17:01
More than 90 percent sold.... Scary...
I'm glad FEO is keeping the commercial part. I'll be worried if they sold it. shopping malls that are sold piecemeal (like lucky plaza, far east plaza) are heading downhill. There no control on the tenant mix, no one to do promotions, events etc. The value of the residential units above can't be good is the mall below is crappy.:(
I tend to disagree , look at FEO The Central at Clark Quay MRT. Even mosquito also don't visit the mall.
kingkong1984
13-01-11, 17:33
Drastic measures.... Existing buyers have to exercise option to avoid kanna new rule. I am at the sideline.. Should this be gd news to us?
devilplate
13-01-11, 17:46
Drastic measures.... Existing buyers have to exercise option to avoid kanna new rule. I am at the sideline.. Should this be gd news to us?
u nvr own any ppty? or jus sold ?
kingkong1984
13-01-11, 18:09
No. sold way to early before ec beside quartz launch. Still ok.
Got 1 to 2 weeks window to backdate if u got buyers now. But both must act blur together hahaha.
The net effect of the policy is price stability. No more cheonging and might even drop. But the support are the ec prices. These measures have no impact on buc 5 yr projects. It's the flipping and sub sale kanna burnt. Resale after 5 yrs also ok.
Less 2 units holders Liao. It would be hdb upgrading to condo or reverse. I think mm die also.
devilplate
13-01-11, 18:11
No. sold way to early before ec beside quartz. Still ok.
Got 1 to 2 weeks window to backdate if u got buyers now. But both must act blur together hahaha.
The net effect of the policy is price stability. No more cheonging and might even drop. But the support are the ec prices. These measures have no impact on buc 5 yr projects. It's the flipping and sub sale kanna burnt.
PLAY STOCKS NOW!!! :cheers1: :D
HUAT ARGH!!!:D
kingkong1984
13-01-11, 18:15
Ball game changed, play other thing lah. Quickly sell now!
Regulators
13-01-11, 18:51
What stock you buy? Oxley?
PLAY STOCKS NOW!!! :cheers1: :D
HUAT ARGH!!!:D
devilplate
13-01-11, 20:31
What stock you buy? Oxley?
R u joking??? Now shd dump all ppty counters! I m into commodities related stocks
Regulators
13-01-11, 20:53
Why dump, isn't capitaland doing very well? I bought capitaland not too long ago for 3.68 and over the past few days rallying at 3.8x to 3.9
I tend to disagree , look at FEO The Central at Clark Quay MRT. Even mosquito also don't visit the mall.As i said in some thread, FEO famous tactic is if you don't agree to thier term, they would rather leave it empty than to rent it to you:tongue3:
bargain hunter
13-01-11, 21:15
don't want to pour cold water but maybe tomorrow capitaland no more 3.80+.
Why dump, isn't capitaland doing very well? I bought capitaland not too long ago for 3.68 and over the past few days rallying at 3.8x to 3.9
kingkong1984
13-01-11, 21:18
Sure drop lah, all related counters.
Allthepies
13-01-11, 21:50
Sure drop lah, all related counters.
hee hee sure win, tom shot properties counter... :D
Regulators
14-01-11, 23:53
i offloaded at a profit before the announcement.
don't want to pour cold water but maybe tomorrow capitaland no more 3.80+.
bargain hunter
15-01-11, 14:02
good for u! :) now can switch to buy a stockbroking house liao. some investors would probably now buy stocks instead of an illiquid for 4 years property.
i offloaded at a profit before the announcement.
good for u! :) now can switch to buy a stockbroking house liao. some investors would probably now buy stocks instead of an illiquid for 4 years property.
that for sure..
but BB investors will still buy,only after the real value surfaced.
buying at overinflated prices,and take the 4yrs risk.. is a NO-GO
devilplate
15-01-11, 14:13
good for u! :) now can switch to buy a stockbroking house liao. some investors would probably now buy stocks instead of an illiquid for 4 years property.
Sgx better... Hehe
bargain hunter
15-01-11, 14:27
personally i don't feel it is so. SGX is too talked about, too much institutional interests. low dividends, potentially need to fork out cash to buy ASX. i know you are a believer of trading and not investing in shares so perhaps sgx will suit u more.
after maybank bought kim eng, there is only 1 listed stockbroker left, i don't need to name it. :ashamed1: consistently high yielding even during the worst financial crisis (4.1% using its lowest dividend during crisis divide by current share price). earns bucket loads of cash during bull runs and always pays out half of its profits every year. and gets a free ride when sgx expands. :)
Sgx better... Hehe
devilplate
15-01-11, 17:33
personally i don't feel it is so. SGX is too talked about, too much institutional interests. low dividends, potentially need to fork out cash to buy ASX. i know you are a believer of trading and not investing in shares so perhaps sgx will suit u more.
after maybank bought kim eng, there is only 1 listed stockbroker left, i don't need to name it. :ashamed1: consistently high yielding even during the worst financial crisis (4.1% using its lowest dividend during crisis divide by current share price). earns bucket loads of cash during bull runs and always pays out half of its profits every year. and gets a free ride when sgx expands. :)
i can understand...individuals will have certain fav stocks one....dun hf to noe so many stocks...just noe a handful of them can oredi...can be uob specialist, sgx specialist etc...hehe:D
i will take a look at it...tks for the info:D
bargain hunter
15-01-11, 17:44
i detest the older Wee.
the brokerage is controlled by the younger son.
i assumed, old man passed bank (and maybe everything else) to elder son liao. younger son only got this baby. should do a good job? :D
Why u like Mr Wee ? ;)
bargain hunter
15-01-11, 17:52
actually i just like to read up about companies lah. not uob specialist or any specialist. for this, i am purely using a value comparison (and also because i don't like crowded places. ;) ) since both are dependent on liquidity flows into the stock market. seriously, this stock is not for trading nor short term, no punters one. only positive trading signal is chart broke out recently after being flat for a year.
i can understand...individuals will have certain fav stocks one....dun hf to noe so many stocks...just noe a handful of them can oredi...can be uob specialist, sgx specialist etc...hehe:D
i will take a look at it...tks for the info:D
devilplate
15-01-11, 18:06
actually i just like to read up about companies lah. not uob specialist or any specialist. for this, i am purely using a value comparison (and also because i don't like crowded places. ;) ) since both are dependent on liquidity flows into the stock market. seriously, this stock is not for trading nor short term, no punters one. only positive trading signal is chart broke out recently after being flat for a year.
tot uobkh steady upward trend wor...den recently outburst...drop bck again...any news?
bargain hunter
15-01-11, 21:54
spiked up becoz kim eng got bot by maybank. fell back becoz punters realised the little Wee probably would never sell his baby, unless maybe at $5? hahaha. anyway, last week spiked, this week contra players get flushed out. now back near the breakout point may find some support.
tot uobkh steady upward trend wor...den recently outburst...drop bck again...any news?
Regulators
15-01-11, 21:58
heard that old goat is a womaniser
i detest the older Wee.
the brokerage is controlled by the younger son.
i assumed, old man passed bank (and maybe everything else) to elder son liao. younger son only got this baby. should do a good job? :D
bargain hunter
15-01-11, 22:40
and like to rip pple off e.g. Duchess Resi. 20% discount for him/his family/his friends vs the "public" VVVIP. :D
heard that old goat is a womaniser
I tend to disagree , look at FEO The Central at Clark Quay MRT. Even mosquito also don't visit the mall.
Agree that FEO is not the best in designing and operating retail malls. They tend to maximize leasable space without regard for how friendly the mall is.
I was just making a point that not selling the retail units individually is good for the whole development. If the individual units of a mall is sold, the mall will go downhill. eg lucky plaza, far east plaza (all FEO:scared-4: ). there will be no control over the retail mix, promotions etc...
Hi everyone,
I'm Albee and just join recently as a new member. I'm so glad to find a forum on Singapore property.
My hubby and I had bought the Tennery. I like the convenience. I planned to treat this place as my retirement home but hubby doesn't like the noise and crowd.
Hubby prefers somewhere quiet, with greenery or water view.
Is there any place that is quiet and yet near to amenities bearing in mind that we can't walk too far in our old age in the future?
Hoping to hear some suggestions. Thanks.
well done. good for retirement and if u don't need to commute to town anymore. enjoy the lifestyle in the west and once a while travel to malaysia for holiday..frm tennery
Regulators
24-01-11, 19:26
I hope you are not one of those that paid 1.2k psf for the high floor units
Hi everyone,
I'm Albee and just join recently as a new member. I'm so glad to find a forum on Singapore property.
My hubby and I had bought the Tennery. I like the convenience. I planned to treat this place as my retirement home but hubby doesn't like the noise and crowd.
Hubby prefers somewhere quiet, with greenery or water view.
Is there any place that is quiet and yet near to amenities bearing in mind that we can't walk too far in our old age in the future?
Hoping to hear some suggestions. Thanks.
rattydrama
24-01-11, 20:15
its again another person who had committed before coming to this forum. History repeats.
Hi everyone,
I'm Albee and just join recently as a new member. I'm so glad to find a forum on Singapore property.
My hubby and I had bought the Tennery. I like the convenience. I planned to treat this place as my retirement home but hubby doesn't like the noise and crowd.
Hubby prefers somewhere quiet, with greenery or water view.
Is there any place that is quiet and yet near to amenities bearing in mind that we can't walk too far in our old age in the future?
Hoping to hear some suggestions. Thanks.
I hope you know what is meant by 'SOHO' and a busy traffic junction at *JUNCTION* 10. Another new MRT line along Thomson will be announced in 1-2 years' time. Just google a bit to find the properties along that line and you can find lots of greenery.
For existing properties with greenery views, you can look at Calrose (new MRT most likely will be very near to it). For future properties with water view, the ones at Bedok fit the bills very well.
kingkong1984
24-01-11, 20:42
Somehow I get the feeling this forum was set up to sell to them and reaffirm their purchase decision. However, after more and more savvy investors emerged, this forum took a new character.
Hubby prefers somewhere quiet, with greenery or water view.
Is there any place that is quiet and yet near to amenities bearing in mind that we can't walk too far in our old age in the future?
Hoping to hear some suggestions. Thanks.
Hmm... greenery or water view... somewhere quiet....
Try silversea, cote azure, laguna or anything fronting ECP... not exactly quiet:scared-4: but by the time you retire, ears don't work anymore, so noise not an issue:p
Eyes should still be good, can't see close up, but can still see far... so sea view is good..:)
By the time you retire, eastern MRT line should be running... hopefully, there's your convenience....
MUST THINK LOOOONNNNG TERM:D
Hi,
Thanks for replying to my posts. I will look into the suggestions given.
Is there any place that is near greenery/ water view and yet near to the hospital and amenities?
It will be good to be near to the hospital, the alternative will be near medical and dental clinics. If have all, will be good. Waiting time at clinics are shorter but for serious matters, still need the hospital.
Sorry if it seems I have a lot of requirements, we are trying to find an ideal retirement area.
kingkong1984
25-01-11, 09:10
You can wait for the redevelopment of yishun bus Interchange. Mixed development neat ktp hospital, water body and yishun park plus orchid country club nearby with free parking n ntuc. What else do u need? Mrt right? It's just beside.
http://www.straitstimes.com/Money/Story/STIStory_750063.html
All 338 units sold at Far East's The Tennery
Published on Dec 30, 2011
http://www.straitstimes.com/STI/STIMEDIA/image/20111229/ST_IMAGES_MTTENNERY.jpg
The "small office, home office" apartments at The Tennery (artist's impression above) were sold over a year, at prices averaging $1,200 per sq ft. The 99-year leasehold project is set to be completed in 2014. -- PHOTO: FAR EAST ORGANIZATION
ALL units of The Tennery, a home office or so-called Soho-style project in Bukit Panjang, have been sold, developer Far East Organization said yesterday.
It said all 338 of the 'small office, home office' (Soho) apartments were sold over the span of a year, at prices averaging $1,200 per sq ft. More than 80 per cent of the buyers were Singaporeans and permanent residents.
As of Dec 1, all but one of the units had been sold.
'Soho' is a marketing term used by developers and their property agents, and does not refer to a specific development type granted approval by the Urban Redevelopment Authority.
The units typically come with space that can be customised as offices, as well as connectivity technology.
The Soho apartments at The Tennery are one- and two-bedroom units with a floor-to-ceiling height of 3.4m. The one-bedroom flats range from 619 sq ft to 640 sq ft, while the two-bedroom flats range from 860 sq ft to 950 sq ft.
The 99-year leasehold development is estimated to be completed in 2014.
'The Soho lifestyle is a growing trend, and buyers are increasingly attracted to integrated developments that give them the flexibility to live, work and play within the same location,' said Mr Chia Boon Kuah, Far East's chief operating officer of property sales and executive director.
The Tennery is above the LRT-connected 121,000 sq ft Junction 10 mall, which recently got its temporary occupation permit and is 90 per cent occupied.
Junction 10 tenants 'are in the process of fitting out their units', Far East said, with the first tenants due to start operations next week.
Tenants include Giant, Watsons, Guardian, BreadTalk, ToastBox, BBQ Chicken and Kumon.
With the resumption of the Bukit Panjang LRT service to Junction 10 today, commuters will have access to the LRT station on the third storey of the mall, Far East said.
Mr Chia added that Far East was also getting 'strong interest' from buyers in its latest Soho project, The Hillier, located in Hillview Avenue.
Like The Tennery, The Hillier is also integrated with a mall, the hillV2, which will include stores like New York gourmet grocers Dean & Deluca.
MELISSA TAN
http://www.straitstimes.com/Money/Story/STIStory_750063.html
All 338 units sold at Far East's The Tennery
Published on Dec 30, 2011
http://www.straitstimes.com/STI/STIMEDIA/image/20111229/ST_IMAGES_MTTENNERY.jpg
The "small office, home office" apartments at The Tennery (artist's impression above) were sold over a year, at prices averaging $1,200 per sq ft. The 99-year leasehold project is set to be completed in 2014. -- PHOTO: FAR EAST ORGANIZATION
ALL units of The Tennery, a home office or so-called Soho-style project in Bukit Panjang, have been sold, developer Far East Organization said yesterday.
It said all 338 of the 'small office, home office' (Soho) apartments were sold over the span of a year, at prices averaging $1,200 per sq ft. More than 80 per cent of the buyers were Singaporeans and permanent residents.
As of Dec 1, all but one of the units had been sold.
'Soho' is a marketing term used by developers and their property agents, and does not refer to a specific development type granted approval by the Urban Redevelopment Authority.
The units typically come with space that can be customised as offices, as well as connectivity technology.
The Soho apartments at The Tennery are one- and two-bedroom units with a floor-to-ceiling height of 3.4m. The one-bedroom flats range from 619 sq ft to 640 sq ft, while the two-bedroom flats range from 860 sq ft to 950 sq ft.
The 99-year leasehold development is estimated to be completed in 2014.
'The Soho lifestyle is a growing trend, and buyers are increasingly attracted to integrated developments that give them the flexibility to live, work and play within the same location,' said Mr Chia Boon Kuah, Far East's chief operating officer of property sales and executive director.
The Tennery is above the LRT-connected 121,000 sq ft Junction 10 mall, which recently got its temporary occupation permit and is 90 per cent occupied.
Junction 10 tenants 'are in the process of fitting out their units', Far East said, with the first tenants due to start operations next week.
Tenants include Giant, Watsons, Guardian, BreadTalk, ToastBox, BBQ Chicken and Kumon.
With the resumption of the Bukit Panjang LRT service to Junction 10 today, commuters will have access to the LRT station on the third storey of the mall, Far East said.
Mr Chia added that Far East was also getting 'strong interest' from buyers in its latest Soho project, The Hillier, located in Hillview Avenue.
Like The Tennery, The Hillier is also integrated with a mall, the hillV2, which will include stores like New York gourmet grocers Dean & Deluca.
MELISSA TAN
shops at tennery will be opened this coming Friday 5/1/2011...:)
shops at tennery will be opened this coming Friday 5/1/2011...:)
there were too little shops in there. no selling points.
lucky me.
The tenants sound so much like that of Greenwich :beats-me-man:
there were too little shops in there. no selling points.
lucky me.
I believe many say TH is worst rite? No shop at all. Lagi no selling point. How?
I believe many say TH is worst rite? No shop at all. Lagi no selling point. How?
Those who pick TH because they wanted to stay away from HDB estate to avoid crowds, noise and enjoy greenery. these group of people usually
buy for their own stay without considering transport and shops around them.
the tennery should at least build another 2 storeys to hold more shophouse.
yeah ...those agents selling condos nearby use tennery as a reference,, i asked them go fly kite..one is mixed devpt one is PC...anyhow use reference..those who sotong sotong go and buy from those agents next time thinking that they can use tennery again as reference will be screwed...:p
yeah ...those agents selling condos nearby use tennery as a reference,, i asked them go fly kite..one is mixed devpt one is PC...anyhow use reference..those who sotong sotong go and buy from those agents next time thinking that they can use tennery again as reference will be screwed...:p
those owner turn up at tennery mall don't know how they feel if compare to jurong point shops? :doh:
I wonder....hillier?
those owner turn up at tennery mall don't know how they feel if compare to jurong point shops? :doh:
I wonder....hillier?
but it still completely sold out with good high price for FE...that is the beauty of mixed devpt...but now buy mixed devpt can only hope that the pricing of mixed devpt can only go up up and up 4 to 5 yreas down the road if not with all the CMs and current sentiment and economy , it is also a risk..:o
But to be fair TH is now many times better than it was before...FE sure knows how to repackage the whole place...
but it still completely sold out with good high price for FE...that is the beauty of mixed devpt...but now buy mixed devpt can only hope that the pricing of mixed devpt can only go up up and up 4 to 5 yreas down the road if not with all the CMs and current sentiment and economy , it is also a risk..:o
But to be fair TH is now many times better than it was before...FE sure knows how to repackage the whole place...
i look at it, people from other district were not pay a second visit if they experienced the mall is too small. it is just wasting of time.
FE only wants to make fast money. home buyers should always look out
on this or end up regretting.
Those who pick TH because they wanted to stay away from HDB estate to avoid crowds, noise and enjoy greenery. these group of people usually
buy for their own stay without considering transport and shops around them.
the tennery should at least build another 2 storeys to hold more shophouse.
Transport at TH not bad lah, take a bus outside can reach orchard in approximately 15 mins via PIE. :D
Transport at TH not bad lah, take a bus outside can reach orchard in approximately 15 mins via PIE. :D
Yup, actually location not bad. One of the LRT station is inside the building (either 2nd or 3rd level). Bukit Panjang Plaza and bus interchange are just opposite and there will be an upcoming MRT in Yr 2015. There is a big community centre nearby too.
Yup, actually location not bad. One of the LRT station is inside the building (either 2nd or 3rd level). Bukit Panjang Plaza and bus interchange are just opposite and there will be an upcoming MRT in Yr 2015. There is a big community centre nearby too.
are we talking about the same TH? Tree House? The Hiller? :D
Huh? My understanding is even if you take the bus at mid-night no more stopping at any more bus-stop also can't reach in 15 mins by any route! :banghead:
Transport at TH not bad lah, take a bus outside can reach orchard in approximately 15 mins via PIE. :D
Huh? My understanding is even if you take the bus at mid-night no more stopping at any more bus-stop also can't reach in 15 mins by any route! :banghead:
think so leh, cos when I drive via PIE, I can reach Tangs quite fast. Thought got a bus 700, also travel PIE...
Anyone here have any idea when TH gg to TOP? Any photos to share.Thanks in advance
flagship74
07-07-14, 20:31
Anyone here have any idea when TH gg to TOP? Any photos to share.Thanks in advance
i thought they have already en-bloc liao?:scared-5:
Project has already obtained TOP
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