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8 Enggor Street Singapore,#12-01 34sqm 1-8-8-8psf $691000
8 Enggor Street Singapore,#12-01 34sqm 1-8-8-8psf $691000
wow <1.9k psf?!?
Allthepies
24-12-13, 06:22
8 Enggor Street Singapore,#12-01 34sqm 1-8-8-8psf $691000
A ura data error or real?
bargain hunter
24-12-13, 07:43
real price, lowest quantum unit. but its 31 mar 2011 price when it was first previewed. is bro dtrax the proud owner of this unit? ;)
Allthepies
24-12-13, 07:49
real price, lowest quantum unit. but its 31 mar 2011 price when it was first previewed. is bro dtrax the proud owner of this unit? ;)
well done! :cheers5::cheers5:
Higher Budget but lower risk investors consider getting skysuites.
Its a make-money project
Location, price and the product of sky suites and duo, which one is Better?
Location, price and the product of sky suites and duo, which one is Better?
that depends on your risk level and budget
What do you Mean? Which one risk higher and which one make ore Money? Both same concept, so lower risk in this scenario should make more money
real price, lowest quantum unit. but its 31 mar 2011 price when it was first previewed. is bro dtrax the proud owner of this unit? ;)
haha i wish.. :) the cheapest quantum probably bulk purchasers or staff buy
haha i wish.. :) the cheapest quantum probably bulk purchasers or staff buy
Did u buy a unit?
Went to the show flat. #12 floor is the lowest floor. There are still some very low floor studio units available.
The very high floor studios are at around $1m and the show flat is for the 398 sfeet which should be better buy than the smaller 365sfeet. Excellent use of space.
Agents kept saying at least 4% yield at $1m.
For studios
Pros
1. Excellent layout and use of space for studios
2. Quantum at $1m studio in CCR is acceptable in today's market
3. Sky gardens particularly the 2 floor open concept 360 at 72 floors should be quite spectacular when completed
4. Competitive rents in the area
5. Unusual that Car park space is provided
6. Fantastic location for eateries, shops/malls both day & night
Cons
1.Some expats may like bigger size studios
2.No marble flooring
3.There will be few owners staying, maintc and managment efficiency may give problems in future
4.Growing competition in the area
5.Capital appreciation is unclear
6. Waterfront devpt still a very long wait
What do you Mean? Which one risk higher and which one make ore Money? Both same concept, so lower risk in this scenario should make more money
To each individual, RISK is every subjective.
From SSC
https://fbcdn-sphotos-b-a.akamaihd.net/hphotos-ak-prn1/t1/1959540_10152200455397040_1900564851_n.jpg
Probaby Q3 this yr for the twin towers
From SSC
https://fbcdn-sphotos-b-a.akamaihd.net/hphotos-ak-prn1/t1/1959540_10152200455397040_1900564851_n.jpg
Probaby Q3 this yr for the twin towers
Wow, looks like a spaceship (open air?) on top. Very unusual.
The photo if taken correctly, shows a gap between the two front buildings, so all the units for skysuites likely to have a pocket seaview at the left angle
Wow, looks like a spaceship (open air?) on top. Very unusual.
The photo if taken correctly, shows a gap between the two front buildings, so all the units for skysuites likely to have a pocket seaview at the left angle
Looks TOP ready
https://fbcdn-sphotos-e-a.akamaihd.net/hphotos-ak-xpa1/v/t1.0-9/1604919_10152758107497040_1513490358432960804_n.jpg?oh=45cc9b8db5823e16814af17a12fc6f91&oe=54F64391&__gda__=1425176315_9e5d9c441da890859bdebe68411af819
https://fbcdn-sphotos-d-a.akamaihd.net/hphotos-ak-xpf1/v/t1.0-9/10471258_10152758107492040_4546264642930871747_n.jpg?oh=aabbff9254f0ef1390b19b2aeeca44c6&oe=54E72DD8&__gda__=1424996263_3afe800cf8a6109f36c6d4ddec5ac4ec
https://fbcdn-sphotos-a-a.akamaihd.net/hphotos-ak-xap1/v/t1.0-9/10636122_10152758107637040_6368746852071117698_n.jpg?oh=aaf5f3f2e65ea37998df2dd26739d523&oe=54F8D977&__gda__=1424402978_df3e305c1471473de4ee80e339509cd1
Nice pics. So when is it going to TOP? next month?
Probably worthwhile to take a look. If able to rent $3.5k for studios, its 4-5% yield for those who bought.
Next door Altez seems to be doing very well with rentals.
Looks TOP ready
Allthepies
28-10-14, 17:58
Tentative middle of next month...
Allthepies
28-10-14, 18:30
9552
Likely nov top, dec key collection based on the current progress
Allthepies
08-11-14, 21:56
Showflat has closed down.
Showflat has closed down.
New showflat setting up in actual unit.
More photos:
https://scontent-a-nrt.xx.fbcdn.net/hphotos-xaf1/v/t1.0-9/1904255_300293336825050_4178954220880743038_n.jpg?oh=5ca3b1a976446dc6c935432a79edb7e4&oe=54D9C803
https://scontent-b-nrt.xx.fbcdn.net/hphotos-xfp1/v/t1.0-9/1779177_299562663564784_4380197132444232916_n.jpg?oh=382ff94c0a4e77c559d57dca841635b9&oe=54DE3E32
https://scontent-a-nrt.xx.fbcdn.net/hphotos-xpa1/v/t1.0-9/10590543_299562686898115_5618134485457813509_n.jpg?oh=21da7c8d9862539108f16d0a997f494d&oe=54D7675Fhttps://scontent-a-nrt.xx.fbcdn.net/hphotos-xpa1/v/t1.0-9/10696286_299214803599570_4009015888939629469_n.jpg?oh=a3069630f2fd93a0b6ab8d0e8e3f58c7&oe=54D9AD42
https://scontent-b-nrt.xx.fbcdn.net/hphotos-xap1/v/t1.0-9/1621786_299562790231438_8587983796546237392_n.jpg?oh=485986bd972df7911511b5440b204c42&oe=54EBE30A
https://scontent-a-nrt.xx.fbcdn.net/hphotos-xfa1/v/t1.0-9/1958316_299746833546367_4203070972955562840_n.jpg?oh=b1e7b71642ee8662961f58ca921e0cd3&oe=54EC9880
https://scontent-a-nrt.xx.fbcdn.net/hphotos-xpa1/v/l/t1.0-9/7112_299925953528455_1483679195982719989_n.jpg?oh=d04fe7ede3cd9ba549b603e5243cc806&oe=54E09C97
https://scontent-a-nrt.xx.fbcdn.net/hphotos-xpa1/v/t1.0-9/1385424_299925973528453_7681531876601974174_n.jpg?oh=e9125468c43cd03889b5cc7804115ca4&oe=54ED426C
[QUOTE=dtrax;495264]New showflat setting up in actual unit.
More photos:
https://scontent-a-nrt.xx.fbcdn.net/hphotos-xaf1/v/t1.0-9/1904255_300293336825050_4178954220880743038_n.jpg?oh=5ca3b1a976446dc6c935432a79edb7e4&oe=54D9C803
QUOTE]
Is this taken at the 72th storey?
The night linear vertical lines (250m long) bring out the height of the building.
Seen showflat before it closed. Actual onsite showflat should be facing the sea and port.
will go to take a look after TOP.
Allgreen bought land quite cheap, cheaper than fareast next door,
Will see if they can give some discounts
Allthepies
11-11-14, 19:52
Is show unit ready? Cant wait to go up take a look : )
Not yet probably when it top late this mth or next mth
Allthepies
18-11-14, 21:48
In process of TOP:
Plan Reference No:A0814-00005-2008-BP01
Project Title:PROPOSED ERECTION OF A 71-STOREY RESIDENTIAL DEVELOPMENT(360 UNITS) WITH COMMERCIAL AT 1ST STOREY ON LOT 00748W, TS 03 AT ENGGOR STREET(DOWN TOWN CORE PLANNING)
Application Type:BCA-TOP-APPLN
Current Status:SUSPENDED
Current Status Date / Time:06/11/2014 12:31:56
Registration Date / Time:04/11/2014 12:00:38
Processing Officer:JOSEPH HONG TENG HAN
Telephone No.:63257795
Email Address:
[email protected]
In process of TOP:
Plan Reference No:A0814-00005-2008-BP01
Project Title:PROPOSED ERECTION OF A 71-STOREY RESIDENTIAL DEVELOPMENT(360 UNITS) WITH COMMERCIAL AT 1ST STOREY ON LOT 00748W, TS 03 AT ENGGOR STREET(DOWN TOWN CORE PLANNING)
Application Type:BCA-TOP-APPLN
Current Status:SUSPENDED
Current Status Date / Time:06/11/2014 12:31:56
Registration Date / Time:04/11/2014 12:00:38
Processing Officer:JOSEPH HONG TENG HAN
Telephone No.:63257795
Email Address:
[email protected]
what does suspended mean? in process of evaluation?
Allthepies
19-11-14, 06:54
Think doing some corrective actions after initial checks...
TOP obtained
https://fbcdn-sphotos-e-a.akamaihd.net/hphotos-ak-xfa1/v/t1.0-9/1939886_315377671983283_1127831837564217960_n.jpg?oh=65f505781ec7c7c662ef56d419c22ebf&oe=55060F21&__gda__=1427072369_bb8074341ea4b170319597585d120361
[QUOTE=dtrax;496219]TOP obtained
BCA website latest update still states "suspended" so unlikely has TOP
Allgreen held party for their recent TOP ones (riverbay etc)
will they be holding TOP party on the 72th floor?
Allthepies
28-11-14, 10:00
[QUOTE=dtrax;496219]TOP obtained
BCA website latest update still states "suspended" so unlikely has TOP
Allgreen held party for their recent TOP ones (riverbay etc)
will they be holding TOP party on the 72th floor?
The status date was 22 Nov. Maybe TOP granted already.
Allthepies
06-12-14, 12:24
Still no news of TOP?
BCA seems to have approved but still awaiting official TOP
Allthepies
11-12-14, 06:55
BCA seems to have approved but still awaiting official TOP
Is it common to take so long from BCA granting approval to official TOP?
Allthepies
13-12-14, 08:43
TOP seems to have been granted but not reflected on BCA website, is this possible?
official TOP has been granted.
Allthepies
18-12-14, 21:11
official TOP has been granted.
wow finally! great!
Allthepies
31-12-14, 23:35
Happy New Year everyone! 2015 is here!
TOP letters have been served
Allthepies
02-01-15, 22:15
TOP letters have been served
Congrats, u have received TOP letter for payment and key collection?
Some pics posted by agents
http://sg2-cdn.pgimgs.com/listing/18556311/UPHO.52003894.V550.jpg
http://sg2-cdn.pgimgs.com/listing/18556263/UPHO.52003687.V550.jpg
http://sg2-cdn.pgimgs.com/listing/18556263/UPHO.52003693.V550.jpg
http://sg2-cdn.pgimgs.com/listing/18556311/UPHO.52003896.V550.jpg
http://sg2-cdn.pgimgs.com/listing/18556263/UPHO.52003708.V550.jpg
http://sg2-cdn.pgimgs.com/listing/18556263/UPHO.52003707.V550.jpg
http://sg2-cdn.pgimgs.com/listing/18703076/UPHO.51996769.V550.jpg
http://sg2-cdn.pgimgs.com/listing/18703076/UPHO.52003811.V550.jpg
http://sg2-cdn.pgimgs.com/listing/18556311/UPHO.52003873.V550.jpg
http://sg2-cdn.pgimgs.com/listing/18556263/UPHO.52003672.V550.jpg
http://sg2-cdn.pgimgs.com/listing/18556263/UPHO.52003668.V550.jpg
http://sg2-cdn.pgimgs.com/listing/18647759/UPHO.52003944.V550.jpg
Allthepies
11-01-15, 14:39
Nice thanks for sharing : )
Rental market in bad shape
Rental market in bad shape
Are u referring to rental market for this project or market in general?
the rentals for studios/1 room in Altez are very good
Allthepies
13-01-15, 11:36
150++ Altez units have been successfully rented out within 2-3months, hope Skysuites can do equally well: )
What is the rental range in $psf?
150++ Altez units have been successfully rented out within 2-3months, hope Skysuites can do equally well: )
thomastansb
13-01-15, 13:06
$6.2. Those first buyer during initial launch still ok. Those buy after that jia lat.
Imagine you buy a 2M 2 bedders and rent out 4.5k - 5k. I see liao balls also shrink. Installment already 6 to 7k easily. Plus maintenance, tax, you repent.
What is the rental range in $psf?
$6.2. Those first buyer during initial launch still ok. Those buy after that jia lat.
Imagine you buy a 2M 2 bedders and rent out 4.5k - 5k. I see liao balls also shrink. Installment already 6 to 7k easily. Plus maintenance, tax, you repent.
But the studios/1 room about 4% at today's price and 4.5-4.8% at launch price
rental range 3.6 to 4.7k, ave 4k, price range 1.05 to 1.2
thomastansb
13-01-15, 15:09
I am referring to 2 bedders.
But the studios/1 room about 4% at today's price and 4.5-4.8% at launch price
rental range 3.6 to 4.7k, ave 4k, price range 1.05 to 1.2
A couple of observations:
-Based on what I understand 3.3k-3.5k skysuites rented out around ~5.8-6% yield
-Workmanship for interior very gd, not much defects. Even toilet got free covelighting
Allthepies
13-01-15, 19:54
A couple of observations:
-Based on what I understand 3.3k-3.5k skysuites rented out around ~5.8-6% yield
-Workmanship for interior very gd, not much defects. Even toilet got free covelighting
Great to hear that! Allgreen + Woh Hup combination is really fantastic!
Was referring to in general. Any contract done At 3.3k at altez?
There isnt any 3.3k rental. Average is 4k based on >40 transactions for all the 500+ sqft units
A couple of observations:
-Based on what I understand 3.3k-3.5k skysuites rented out around ~5.8-6% yield
-Workmanship for interior very gd, not much defects. Even toilet got free covelighting
Wow, 6% yield, amazing
Just searched ppty guru, some studios asking for 4k, yield must be even higher
All owners huat!
wonder how come developers studios still not sold out yet?
Wow, 6% yield, amazing
Just searched ppty guru, some studios asking for 4k, yield must be even higher
All owners huat!
wonder how come developers studios still not sold out yet?
studios/1rm all fully sold long time ago. Only 2 n 3bedders are the unsold stock in this development.
The view on top is really worth a visit.. many are very impressed with the superb panoramic view on the 72th flr. The common facilities however are actually not TOP ready from what I observed.. allgreen really jin anxious to issue keys.
As for the yield, have to clarify that not all will get a high 5%-6.X% because the studio/1rm price range for 690k to almost 1mil depending on size and flr and also how desperate landlord are looking to rent for. End of day, it's all about the quantum game
studios/1rm all fully sold long time ago. Only 2 n 3bedders are the unsold stock in this development.
The view on top is really worth a visit.. many are very impressed with the superb panoramic view on the 72th flr. The common facilities however are actually not TOP ready from what I observed.. allgreen really jin anxious to issue keys.
As for the yield, have to clarify that not all will get a high 5%-6.X% because the studio/1rm price range for 690k to almost 1mil depending on size and flr and also how desperate landlord are looking to rent for. End of day, it's all about the quantum game
Thanks, will go view
From Chinatown roads, this condo looks slightly taller than Altez. The 2 towers look like iconic landmarks in our skyline
guess this condo will do well since rents lower than Altez
open air photos from ptty guru looks nice
The 1-bedroom is only 398 sqft. So small.
Its a quantum game, small means price also low.
The layout is very functional, I just go in to kaypoh c c look look a few units.
Allthepies
14-01-15, 07:23
The 3 bedders will be even more superb with fantastic unblock view of the sea or city, as they are all above 60 floors.
At around $2.4mil, I would buy one for own stay if I have the money :) :)
thomastansb
14-01-15, 16:53
Those skysuites first buyers should be laughing now. 700k+, even if the rental is 2.8k, still better than Altez. Icon is the worst now. Rental dropping fast and furious.
Had a chance to go up today. View is insanely amazing
https://scontent-b-sin.xx.fbcdn.net/hphotos-xap1/v/t1.0-9/10426236_10152668307502568_8625503387016731453_n.jpg?oh=60c79ed17c3ef3b84dc06e91129f08d3&oe=556E488F
https://scontent-b-sin.xx.fbcdn.net/hphotos-xpa1/v/t1.0-9/1472964_10152668307612568_1827056171507804634_n.jpg?oh=1e77e9eb27925b14d484150cd1735237&oe=556A9E27
https://scontent-a-sin.xx.fbcdn.net/hphotos-xpa1/v/t1.0-9/10341752_10152668306447568_2726214620519426692_n.jpg?oh=9042b07ea4d19401f60afa5f28c015ae&oe=55303DE2
https://fbcdn-sphotos-e-a.akamaihd.net/hphotos-ak-xap1/v/t1.0-9/10885310_10155038592560542_588726543679881290_n.jpg?oh=d0742497ba7b62aa9a337291908b1260&oe=55320346&__gda__=1433102975_f3289600e2e23ddf408ccb9348fcabbb
Allthepies
16-01-15, 06:39
Nice view :cheers1::cheers1:
Had a chance to go up today. View is insanely amazing
https://scontent-b-sin.xx.fbcdn.net/hphotos-xap1/v/t1.0-9/10426236_10152668307502568_8625503387016731453_n.jpg?oh=60c79ed17c3ef3b84dc06e91129f08d3&oe=556E488F
https://scontent-b-sin.xx.fbcdn.net/hphotos-xpa1/v/t1.0-9/1472964_10152668307612568_1827056171507804634_n.jpg?oh=1e77e9eb27925b14d484150cd1735237&oe=556A9E27
https://scontent-a-sin.xx.fbcdn.net/hphotos-xpa1/v/t1.0-9/10341752_10152668306447568_2726214620519426692_n.jpg?oh=9042b07ea4d19401f60afa5f28c015ae&oe=55303DE2
https://fbcdn-sphotos-e-a.akamaihd.net/hphotos-ak-xap1/v/t1.0-9/10885310_10155038592560542_588726543679881290_n.jpg?oh=d0742497ba7b62aa9a337291908b1260&oe=55320346&__gda__=1433102975_f3289600e2e23ddf408ccb9348fcabbb
Went up also as well
took lift to 72th floor then took another smaller lift from 72th up to open air skygarden.
Amazing view, open air, like MBS,
evening and daybreak will be of different experience
the 2 rooms have decent space but rooms are small, those to the left of Altez are blocked
The studios are very tiny (350sft), the bigger sea facing studios are better
furnishing is good with the wine cellar and others
but no marble floor
At 2.8 to 3k rental, looks like very very good yield
Congrats to all the buyers:glee:
Allthepies
17-01-15, 17:25
Have you seen the 3 bedders? Have they started selling them?
Have you seen the 3 bedders? Have they started selling them?
only saw the 2 room and studios/1room
if u are looking at studios, go for those facing the pool with a comfortable view not too high
if looking at the bigger partition studio, the very high floor full seaview ones are better no west sun
for 2 room think the stack 3 very high floor ones are better bec not blocked by altez.
the 3 bedders are much higher and most high floors not available for viewing
If you take the roof top view as a guide the high floor view should be awesome
overall very unique project in its own way, albeit small units
Allthepies
17-01-15, 20:17
Wow thanks, very informative write up.
Did you manage to get any pricing information such as those high floor sea facing bigger studio?
Any Chinese New Year/TOP discount? : ) : )
Wow thanks, very informative write up.
Did you manage to get any pricing information such as those high floor sea facing bigger studio?
Any Chinese New Year/TOP discount? : ) : )
their so called premium sea facing studio units are bet 50-55 floors, above which are the 3 roomers, there are 2 more studios >500sfeet that were sold at record pfs (around 2.8kpfs+)
The release of the studios units is quite confusing, appears ad hoc and not following levels, some are still available, like the high floor city facing
Not sure about CNY discount though. Interesting if developer gives discount. They bought land very cheap then.
didn't view the in-situ developer's showflat
only saw the 2 room and studios/1room
if u are looking at studios, go for those facing the pool with a comfortable view not too high
if looking at the bigger partition studio, the very high floor full seaview ones are better no west sun
for 2 room think the stack 3 very high floor ones are better bec not blocked by altez.
the 3 bedders are much higher and most high floors not available for viewing
If you take the roof top view as a guide the high floor view should be awesome
overall very unique project in its own way, albeit small units
Pool view unit, can see the entire icon pool, very nice at night as well:
https://scontent-b-sin.xx.fbcdn.net/hphotos-xfp1/v/t1.0-9/10487490_10152668372492568_3400942515005284702_n.jpg?oh=306de029f25a86e9350cca13959a26f2&oe=5566ACE5
Those facing pool view no noon sun actually for lower flrs coz tio blocked
Higher flr very gd view but it depends on whether it is justifiable to pay more than 250k premium especially the roof top you can go anytime and it even has a outdoor bar kiosk to host a rooftop party
https://fbcdn-sphotos-b-a.akamaihd.net/hphotos-ak-xpa1/t31.0-8/10856812_10152678770092568_5258990415592018322_o.jpg
https://scontent-a-sin.xx.fbcdn.net/hphotos-xfa1/t31.0-8/10499627_10152678770162568_6309056999016520698_o.jpg
Allthepies
18-01-15, 08:49
Nice night view too : )
Got show flat already ? How you get up?
Got show flat already ? How you get up?
just call any agent to view mostly studios/1 room/2 roomers
Pool view unit, can see the entire icon pool, very nice at night as well:
https://scontent-b-sin.xx.fbcdn.net/hphotos-xfp1/v/t1.0-9/10487490_10152668372492568_3400942515005284702_n.jpg?oh=306de029f25a86e9350cca13959a26f2&oe=5566ACE5
Those facing pool view no noon sun actually for lower flrs coz tio blocked
Higher flr very gd view but it depends on whether it is justifiable to pay more than 250k premium especially the roof top you can go anytime and it even has a outdoor bar kiosk to host a rooftop party
cant upload photos.
yes agree pool view low floor quite nice, the problem is unit sizes for these pools facing units very small (360sfeet), don't know how furniture can fit in.
from bottom floor to highest floor the studio/1 roomer rental yield probably bet 4% to 6%, so all owners should be very happy
if renting, agents says the 2 roomer (667sft) can get for 4k or even lower
went to see Altez next door unit size starts from 520+ sfeet, all low floors, good size
Altez has a few extra facilities but no top floor open air sky garden, so skysuites win on this area.
both projects connected to icon village, very good strategic location
cant upload photos.
yes agree pool view low floor quite nice, the problem is unit sizes for these pools facing units very small (360sfeet), don't know how furniture can fit in.
from bottom floor to highest floor the studio/1 roomer rental yield probably bet 4% to 6%, so all owners should be very happy
if renting, agents says the 2 roomer (667sft) can get for 4k or even lower
went to see Altez next door unit size starts from 520+ sfeet, all low floors, good size
Altez has a few extra facilities but no top floor open air sky garden, so skysuites win on this area.
both projects connected to icon village, very good strategic location
Its possible actually, if you optimize the baywindow it actually becomes more spacious than the 398. Basically with renovation the smaller layout is actually more efficient than the larger 1rm
Its possible actually, if you optimize the baywindow it actually becomes more spacious than the 398. Basically with renovation the smaller layout is actually more efficient than the larger 1rm
agent says king size bed also can:highly_amused:
he is probably right but may not have space to walk
for singles if rental is around 3k, this yuppy condo will have many takers.
Its possible actually, if you optimize the baywindow it actually becomes more spacious than the 398. Basically with renovation the smaller layout is actually more efficient than the larger 1rm
Will you stay there yourself? If yes, you may want to do some renovation and "optimise" the space.
If no, I wonder will you renovate for your tenant and incur more capital expenditure?
smellyfish
18-01-15, 21:12
just talking about 1 bdder/studio, how does all these new condos compare to Icon's studio/ 1 bedder? at 570 sf no bay window and very squarish, i thought icon would win hands down in terms of layout. facilities wise, icon also have just about everything in terms of pool, tennis courts, gym.
Will you stay there yourself? If yes, you may want to do some renovation and "optimise" the space.
If no, I wonder will you renovate for your tenant and incur more capital expenditure?
Those MM experts in this forum may be able to help
Think for the big size westerners a little difficult but should be Ok for asians
Can recommend your agent who bring you up?
agent says king size bed also can:highly_amused:
he is probably right but may not have space to walk
for singles if rental is around 3k, this yuppy condo will have many takers.
King size based on flr plan buay sai. If you use the bay window to place your bed there, king size for 365sqft possible.
However I will not even consider king size on a MM unit. There has been rental at 3.3 or 3.5k based what I understand, probably srx will reflect the data in the coming 1-2wk
Allthepies
19-01-15, 06:48
agent says king size bed also can:highly_amused:
he is probably right but may not have space to walk
for singles if rental is around 3k, this yuppy condo will have many takers.
The bigger 398sqft unit shouldn't have problem accommodating a King size bed comfortably.
The width of the room is about 2.8m, king size width is 1.83m. So there is probably still 40-50cm walking space on each side :peaceful:
Can recommend your agent who bring you up?
Just walk in, there are different agents outside the front door or on first level carpark and tell them u are interested to view/buy
KF is the developer marketing agent, they are also there daily, u can also easily book an appt with them
King size based on flr plan buay sai. If you use the bay window to place your bed there, king size for 365sqft possible.
However I will not even consider king size on a MM unit. There has been rental at 3.3 or 3.5k based what I understand, probably srx will reflect the data in the coming 1-2wk
For the smaller 365sfeet, guess 3 to 3.2k will rent very well using Altez 520-600sfeet 4k rental as a guide
just talking about 1 bdder/studio, how does all these new condos compare to Icon's studio/ 1 bedder? at 570 sf no bay window and very squarish, i thought icon would win hands down in terms of layout. facilities wise, icon also have just about everything in terms of pool, tennis courts, gym.
saw Icon also.
agree the non loft unit good layout and very good space. For tenants who want more space, this condo is good.
The slightly negative part is it is older and views are blocked on either side by PS100 and Altez
For the smaller 365sfeet, guess 3 to 3.2k will rent very well using Altez 520-600sfeet 4k rental as a guide
several tenant offers coming in at 3.5k for 1bedders (Jap/corporate). Got one unit, tenant offer 3k instantly tio snapped up plus several rentals transacted 3.3k to 3.5k. 2rm 667sqft got 1 confirmed rented out at 4.5k. Super like the 2rm, almost exactly same as the shwrm size, surprisingly has a very spacious feel despite 667sqft with bay windows and 2 toilets
several tenant offers coming in at 3.5k for 1bedders (Jap/corporate). Got one unit, tenant offer 3k instantly tio snapped up plus several rentals transacted 3.3k to 3.5k. 2rm 667sqft got 1 confirmed rented out at 4.5k. Super like the 2rm, almost exactly same as the shwrm size, surprisingly has a very spacious feel despite 667sqft with bay windows and 2 toilets
Been to view. Like what others have said. Quite a unique condo. The crown view is really icing on the cake
facilities wise, somehow Altez feels like having more
For studio rentals, some asking for <3k now
agree the 2 roomer 667sfeet has a good spacious feel
Everything looks great except the studios just a little small.
Wonder whether owners are putting car park space for rent since everyone has a lot.
Allthepies
27-02-15, 09:04
URA January shows 1 rental record, a two-bedder rented out @$4.5K.
76 Shenton 91 units rented out, Altez 201 units rented out.
The take-up rate for the 3 newly completed condos looks good.
Allthepies
21-03-15, 10:29
Feb Rental Update:
SkySuites@Anson: 19 rented out, 1 bedder: $2800-$3550, 2 bedder: $4300-$4600
Altez: 217
76 Shenton: 133
Allthepies
16-04-15, 07:35
March Update:
SkySuites: 39
Altez: 225
76 Shenton: 155
March Update:
SkySuites: 39
Altez: 225
76 Shenton: 155
Any reason why so few units rented out at skysuites?
thought there are over 300 units and most are for rental.
Allthepies
18-04-15, 10:51
Any reason why so few units rented out at skysuites?
thought there are over 300 units and most are for rental.
Skysuites first batch receive keys on mid-Jan 2015, so need some time. Altez and 76 Shenton received TOP 4-6 months earlier.
Skysuites first batch receive keys on mid-Jan 2015, so need some time. Altez and 76 Shenton received TOP 4-6 months earlier.
Today ST quoted one agent claiming no rental for this condo's 2 bedder for 2months and asking rental dropped from 3.9k to 3.5k and still no takers
maybe that might explain the small no of rental take up
But quite surprised by the report,
This is quite an iconic brand new condo, MRT, Mall, Eateries, CBD all at doorstep
Imagine those condos with no mrt, no mall, no eateries, far away at outskirts, what will happen to their rental?:scared-3:
Today ST quoted one agent claiming no rental for this condo's 2 bedder for 2months and asking rental dropped from 3.9k to 3.5k and still no takers
maybe that might explain the small no of rental take up
But quite surprised by the report,
This is quite an iconic brand new condo, MRT, Mall, Eateries, CBD all at doorstep
Imagine those condos with no mrt, no mall, no eateries, far away at outskirts, what will happen to their rental?:scared-3:
A few possible reasons. But really not too sure why...
1. Maybe size too small for the rent offered? For 3.5K can get a 3BR or 4BR at the outskirts quite easily - easier for a medium sized family or a few tenants to share?
2. Maybe the existing supply in this region already catered extremely well for the much touted group of renting lawyers and bankers who don't own cars?
3. OCR houses many good schools and a much broader range of employment opportunities in vicinity?
4. Maybe an increasing group has decided that owning cars and working / travelling in the outskirts is much more cost-effective?
More data is needed to be sure. Today ST also has a report that Far East Plaza is struggling. Can you imagine so close to Orchard and so iconic, and yet...
Been to view previously. thought the 2 bedder quite is nice and spacious and suitable for single or couple
Those fellow viewers I saw all looked like professionals, no children. so your point 2 is a more likely scenario
Having said that just checked URA, rentals for their 2 bedder in March were all done bet 4 to 4.5k and compatible with asking prices in ppty guru
Wonder if the problem lies with that unit (facing) or agent. up to 1k lower than last done and still no takers for brand new unit?
rare for agents to on papers claiming drastic drop in rentals but still no takers.
A few possible reasons. But really not too sure why...
1. Maybe size too small for the rent offered? For 3.5K can get a 3BR or 4BR at the outskirts quite easily - easier for a medium sized family or a few tenants to share?
2. Maybe the existing supply in this region already catered extremely well for the much touted group of renting lawyers and bankers who don't own cars?
3. OCR houses many good schools and a much broader range of employment opportunities in vicinity?
4. Maybe an increasing group has decided that owning cars and working / travelling in the outskirts is much more cost-effective?
More data is needed to be sure. Today ST also has a report that Far East Plaza is struggling. Can you imagine so close to Orchard and so iconic, and yet...
Allthepies
15-05-15, 17:12
April Update:
SkySuites: 80 (1bedder $2500 to $4000)
Altez: 232
76 Shenton: 168
thomastansb
23-07-17, 11:44
Anyone went to the relaunch yesterday? Heard from a few of my agent friends that the sales yesterday was disappointing. Couldn't move much units despite using the usual "balloting" tricks, queuing up to know the price and forcing you to make decisions on the spot.
since the targeted market is investor, it's hard to compete with the neighbor like Icon.
Icon is older by 10 years but very well maintained with modern-look. Has more comfortable size unit, great swimming pool, half maintenance fee (150 for icon, 300 for sky despite icon size is 60% larger), a good reputation for rental market.
Thought relaunched a few years ago.
Still relaunching again?
There are still some very low and very high floor units for sale
The unique 72th floor 360 open view and free carpark slot are most attractive for this condo
Just seen the marketing ads
The average rental for their sea facing 1 room units in june on URA around 3k
Their advert price starts at 8xxk, so decent yield still in today's market even at 1m
Anyone went to the relaunch yesterday? Heard from a few of my agent friends that the sales yesterday was disappointing. Couldn't move much units despite using the usual "balloting" tricks, queuing up to know the price and forcing you to make decisions on the spot.
PropVestor
25-07-17, 11:50
Thought relaunched a few years ago.
Still relaunching again?
There are still some very low and very high floor units for sale
The unique 72th floor 360 open view and free carpark slot are most attractive for this condo
Just seen the marketing ads
The average rental for their sea facing 1 room units in june on URA around 3k
Their advert price starts at 8xxk, so decent yield still in today's market even at 1m
Unless you are looking at very high floors, this development has tough competition around. It is not really a mixed development (5 shops) which sets it back. Wallich Residence should be quite interesting to compare with this.
Cannot compare the two because quantum vastly different, Wallich minimum close to 2m, skysuites starts at 8xx
Based on URA data, skysuites rental for 1 room 3k, can Wallich 1 room rent out for 6k?
Think the newer ones such as EON and V on shenton are closer competitors
With new shorter rental ruling, generally these CBD condos will probably benefit
Agree that so much competition around
Unless you are looking at very high floors, this development has tough competition around. It is not really a mixed development (5 shops) which sets it back. Wallich Residence should be quite interesting to compare with this.
thomastansb
01-08-17, 14:02
Totally not comparable. One is a MM purely for rental yield. One is targeting at a different group of buyers. A studio there is > 2M. That exclude 99% of buyers easily.
Unless you are looking at very high floors, this development has tough competition around. It is not really a mixed development (5 shops) which sets it back. Wallich Residence should be quite interesting to compare with this.
Caveats for first half of Aug out,
Looks like they have sold a number of units (24/25)
Lowest floor 1 roomer sold 877k, quite decent gross yield aound 4%
Probably more caveats will come
Anyone went to the relaunch yesterday? Heard from a few of my agent friends that the sales yesterday was disappointing. Couldn't move much units despite using the usual "balloting" tricks, queuing up to know the price and forcing you to make decisions on the spot.
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