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mkl22
13-05-12, 15:19
Happen to pass by east coast drive and saw that the 2 old bungalows are now gone. Expected the land to be transformed to a small condo. But instead saw that it will be 8 units of terrace instead. Probably land use for the area was for landed property only. This seems also to apply for finland gardens. So limited potential for future enbloc.
rattydrama
13-05-12, 15:27
there is a high demand for landed property. pple are wiling to pay more for landed and developer acted base on market demand.

I remembered there is a regulation on building MM in landed area..some restriction... forgotten wats the rule all about. Can anyone refresh my memory.
carbuncle
13-05-12, 16:36
min plot size 1000sqm and each unit min 700sf i think in order to build apt
Kanarazu
13-05-12, 16:40
min plot size 1000sqm and each unit min 700sf i think in order to build apt

Just divide GFA by 753sf and that's the max dwelling units permissible.
Laguna
13-05-12, 16:52
Just divide GFA by 753sf and that's the max dwelling units permissible.



http://www.ura.gov.sg/circulars/text/dc11-14.htm

MEASURES TO IMPROVE THE LIVING ENVIRONMENT FOR NON-LANDED RESIDENTIAL ESTATES

For TK, Kovan and Joo Chiat, it is 100sq m
buttercarp
13-05-12, 18:16
Happen to pass by east coast drive and saw that the 2 old bungalows are now gone. Expected the land to be transformed to a small condo. But instead saw that it will be 8 units of terrace instead. Probably land use for the area was for landed property only. This seems also to apply for finland gardens. So limited potential for future enbloc.
Is this the one near the soon to be SERS HDB?
The land too small for cluster house.
Wonder how much will the terrace houses be priced.
Kanarazu
13-05-12, 18:37
http://www.ura.gov.sg/circulars/text/dc11-14.htm

MEASURES TO IMPROVE THE LIVING ENVIRONMENT FOR NON-LANDED RESIDENTIAL ESTATES

For TK, Kovan and Joo Chiat, it is 100sq m
Thanks for sharing the circular. Seems like Kovan joo Chiat still under study. If confirmed in q3 then the new development at Simon road will be affected.
silver023
13-05-12, 19:48
Is this the one near the soon to be SERS HDB?
The land too small for cluster house.
Wonder how much will the terrace houses be priced.

It's after the HDB and the row of terrace houses. Showflat being built... Don't think prices will be low.
buttercarp
13-05-12, 23:29
It's after the HDB and the row of terrace houses. Showflat being built... Don't think prices will be low.

Lemme guess...... Probably at least 3 mil for a small inter terrace of land area 1615sq ft. I pass by that area frequently. Will kaypoh n go see showflat once it is up.
mkl22
14-05-12, 09:41
saw the board wrongly. its strata titled 8 units of terrace. .... so a cluster terrace...
price
14-05-12, 10:43
does that mean MM units in such area will be "rare"?
DC33_2008
14-05-12, 10:47
People here are all waiting impatiently for the mrt stn to be announced. All those launches in the last 5 years already priced in.
silver023
14-05-12, 20:33
Lemme guess...... Probably at least 3 mil for a small inter terrace of land area 1615sq ft. I pass by that area frequently. Will kaypoh n go see showflat once it is up.

I think so... Seems like they will market it as upmarket/luxurious, etc...
silver023
23-05-12, 23:15
Latest intel...

- 8 cluster terraces on 14000sft of land

- 3 floors + basement

- 4 bdr

- pte pool

Price fm $3.5mil upwards (smallest unit built-in 3200sft)
buttercarp
24-05-12, 09:01
https://p.twimg.com/AtnzdJtCEAAXqAw.jpg

https://p.twimg.com/AtnzZU5CMAADYQj.jpg