View Full Version : Another sky habitat wannabe...
This time in Jurong, bid price 705psf ppr! :scared-3: :scared-5: :scared-1:
http://www.h88.com.sg/article/Boon+Lay+Way+site+next+to+Jurong+East+MRT+sees+12+bids+with+a+top+bid+of+%24369m+by+MCL+Land/
anythingwhatever
30-05-12, 18:59
This time in Jurong, bid price 705psf ppr! :scared-3: :scared-5: :scared-1:
http://www.h88.com.sg/article/Boon+Lay+Way+site+next+to+Jurong+East+MRT+sees+12+bids+with+a+top+bid+of+%24369m+by+MCL+Land/
Sky's the limit...
TheOnlyGayInTheVillage
30-05-12, 19:33
Wont be like SH. This one will have substantial % of MM.
rattydrama
30-05-12, 20:41
This time in Jurong, bid price 705psf ppr! :scared-3: :scared-5: :scared-1:
http://www.h88.com.sg/article/Boon+Lay+Way+site+next+to+Jurong+East+MRT+sees+12+bids+with+a+top+bid+of+%24369m+by+MCL+Land/
nothing new. we were all talking about it yesterday.
Shoeboxsupporter
30-05-12, 20:51
nothing new. we were all talking about it yesterday.
Why MCL Land price so low for its Ripple Bay but bid so high price for Jurong Land ?
From H88.com.sg
Boon Lay Way site next to Jurong East MRT sees 12 bids with a top bid of $369m by MCL Land
http://www.h88.com.sg/images/content/2012-05-30/jurong_east_site.jpgThis wonderful site next to Jurong East MRT station was tensely fought, with 12 developers vying for the 99-year leasehold land parcel. The winner should be MCL Land, they inched past their closest rival by a mere $288,000 with their top bid of $369,388,000. See what happens when you don't put ''88' in your bid? Tsk tsk...
The location of this condo is very very exciting. Not only is it next to the Jurong East MRT and Bus Interchange, we count five (yes five) shopping malls within a stone's throw - IMM, JCube, Westgate, JEM and Big Box. Not only that, this spot is part of the grand URA plan known as Jurong Gateway (http://www.h88.com.sg/article/Jurong+to+be+revitalized/) or Jurong Lake District. Can you see the potential?! The potential selling price? Find a chair and sit down first...
Given the total potential floor area of 523,879 sqft for this site, the cost price per unit based on the winning bid is a WHOPPING GIGANTIC TITANIC $705 psf ppr. That would mean a selling price of $1,200 to $1,300 psf. Wah piang eh! Or in internet-speak - OMFG! And we thought at $1,000 psf Lakefront Residences (http://www.h88.com.sg/index.php?tag=LAKEFRONT%20RESIDENCES) was already pushing the envelope. This new one would break the record for most expensive condo in Jurong! JURONG leh!
Well, is it worth it then? On paper yes. But we'll see in 9-12 months time when they launch.
rattydrama
30-05-12, 21:14
Why MCL Land price so low for its Ripple Bay but bid so high price for Jurong Land ? Jurong supportor are chinese from china. These chinese are real genuine supportor for Jurong.
Jurong supportor are chinese from china. These chinese are real genuine supportor for Jurong.
Not just PRCs, NRIs too. Then again they are everywhere these days.
CondoInterested
30-05-12, 21:26
OMG!!!
1. partially facing HDB
2. partially facing hospital
3. in front of a busy road
4. the other side is busy mrt track
5. and busy bus terminal
The price purely because of location near MRT.
pinkpolkadot
30-05-12, 21:28
Not just PRCs, NRIs too. Then again they are everywhere these days.
What is NRIs?
rattydrama
30-05-12, 21:30
OMG!!!
1. partially facing HDB
2. partially facing hospital
3. in front of a busy road
4. the other side is busy mrt track
5. and busy bus terminal
The price purely because of location near MRT.
nve mind if you put me at 50th floor....the world is below me.
Jurong supportor are chinese from china. These chinese are real genuine supportor for Jurong.
True. Many PRC in e west.
What is NRIs?
non-resident indian - an india citizen living in another country.
CondoInterested
30-05-12, 21:52
Foreigners, once their mother land salary up until same or near here, they will go back.
Countries like China, getting rich fast, guess will be less from there.
India, sooner or later will follow China.
It's our neighbours :doh:, 10 yrs like 1 day, maybe even 100 yrs still the same, so will be longer here.
Jurong huat ah!!!
In 30 years' time, every corner of Singapore will huat.
bakasa2002
30-05-12, 22:44
Foreigners, once their mother land salary up until same or near here, they will go back.
Countries like China, getting rich fast, guess will be less from there.
India, sooner or later will follow China.
It's our neighbours :doh:, 10 yrs like 1 day, maybe even 100 yrs still the same, so will be longer here.
They will just be replaced by another batch who are here to earn a pot of gold
rattydrama
30-05-12, 23:31
Foreigners, once their mother land salary up until same or near here, they will go back.
Countries like China, getting rich fast, guess will be less from there.
India, sooner or later will follow China.
It's our neighbours :doh:, 10 yrs like 1 day, maybe even 100 yrs still the same, so will be longer here.
poor engineer salary is between 5-10k pm in china.... in rmb. They are indeed rich but not everyone.
as the saying goes..rich are richer and poor are poorer.
http://www.gemini.com.hk/assets/doc/survey_china.pdf
Allthepies
30-05-12, 23:41
poor engineer salary is between 5-10k pm in china.... in rmb. They are indeed rich but not everyone.
as the saying goes..rich are richer and poor are poorer.
http://www.gemini.com.hk/assets/doc/survey_china.pdf
A grad in china earns start pay of about 1k sing per mth; A grad in sing (similar quality) earns 2.5k to 5k per mth. If we don't buck up, we have no future...
Allthepies
31-05-12, 00:01
From H88.com.sg
Boon Lay Way site next to Jurong East MRT sees 12 bids with a top bid of $369m by MCL Land
http://www.h88.com.sg/images/content/2012-05-30/jurong_east_site.jpgThis wonderful site next to Jurong East MRT station was tensely fought, with 12 developers vying for the 99-year leasehold land parcel. The winner should be MCL Land, they inched past their closest rival by a mere $288,000 with their top bid of $369,388,000. See what happens when you don't put ''88' in your bid? Tsk tsk...
The location of this condo is very very exciting. Not only is it next to the Jurong East MRT and Bus Interchange, we count five (yes five) shopping malls within a stone's throw - IMM, JCube, Westgate, JEM and Big Box. Not only that, this spot is part of the grand URA plan known as Jurong Gateway (http://www.h88.com.sg/article/Jurong+to+be+revitalized/) or Jurong Lake District. Can you see the potential?! The potential selling price? Find a chair and sit down first...
Given the total potential floor area of 523,879 sqft for this site, the cost price per unit based on the winning bid is a WHOPPING GIGANTIC TITANIC $705 psf ppr. That would mean a selling price of $1,200 to $1,300 psf. Wah piang eh! Or in internet-speak - OMFG! And we thought at $1,000 psf Lakefront Residences (http://www.h88.com.sg/index.php?tag=LAKEFRONT%20RESIDENCES) was already pushing the envelope. This new one would break the record for most expensive condo in Jurong! JURONG leh!
Well, is it worth it then? On paper yes. But we'll see in 9-12 months time when they launch.
When caspian was launched at 600++psf, everyone tot it was dammed expensive and siow since surrounding was gg for 400++psf only.
Next came lakefront residences at 1100psf, again everyone say siow ah, ulu industrial jurong with smelly air and backwards infrastructure at that price.
Now is jurong gateway, again most would lament 1300++psf, really bo?!
MCL belongs to JM group which is part of HK Land. Would the hongkies made the mistake of overbidding or the astute HK business men know something that we don't? :D
Yesterday i go and view that area, super top area. IMM, Jurong Hospital, IBP, JE Mrt, bus intrchge , JCUBE, MND office and many more coming up. To me MCL land bid 705psf not high, I think when they lunch , sure long Q even @1300psf up.
Yesterday i go and view that area, super top area. IMM, Jurong Hospital, IBP, JE Mrt, bus intrchge , JCUBE, MND office and many more coming up. To me MCL land bid 705psf not high, I think when they lunch , sure long Q even @1300psf up.
Glad that you recce the area. Have been saying that for quite a while and not much of believer so far... Have to personally go there to see to believe how serious JLD story will be.
FYI, garment has already overhaul the Boon Lay Way over the past two years to ensure when JLD is ready to accommodate heavy traffic condition.
Roads have been renamed too.
Also, most new developments there have been given lesser time allowance for completion.
In 2 to 3 years, things will change alot at Jurong!
I suspect 2013 master plan will mentioned JLD again.
Allthepies
01-06-12, 08:03
high end developer wheelock properties who usually develop orchard properies actually came in to bid for this 99 years leasehold site @ 670psf attesting to the potential of this area.
bakasa2002
01-06-12, 10:54
Yesterday i go and view that area, super top area. IMM, Jurong Hospital, IBP, JE Mrt, bus intrchge , JCUBE, MND office and many more coming up. To me MCL land bid 705psf not high, I think when they lunch , sure long Q even @1300psf up.
Sounds v bullish indeed. :)
Yesterday i go and view that area, super top area. IMM, Jurong Hospital, IBP, JE Mrt, bus intrchge , JCUBE, MND office and many more coming up. To me MCL land bid 705psf not high, I think when they lunch , sure long Q even @1300psf up.
This development will be the crown jewel of the JLD that have a combined population of more than 1m. if MCL market it as a luxury apartment, for 1 and 2 bedder units, I think it will be $1500-1800 range , and it will be a sold out within days.
This development will be the crown jewel of the JLD that have a combined population of more than 1m. if MCL market it as a luxury apartment, for 1 and 2 bedder units, I think it will be $1500-1800 range , and it will be a sold out within days.
perception of luxury is usually when there are no hdbs around it. this one a bit tough.
Allthepies
02-06-12, 22:10
This development will be the crown jewel of the JLD that have a combined population of more than 1m. if MCL market it as a luxury apartment, for 1 and 2 bedder units, I think it will be $1500-1800 range , and it will be a sold out within days.
Compare to Watertown mm @ 1500psf, if mcl launches JLD @ 1500 psf, confirm a steal!
jumbopanther
02-06-12, 23:29
Yesterday i go and view that area, super top area. IMM, Jurong Hospital, IBP, JE Mrt, bus intrchge , JCUBE, MND office and many more coming up. To me MCL land bid 705psf not high, I think when they lunch , sure long Q even @1300psf up.
Yes, indeed a very location.
With MRT and bus interchange just beside, it will be sold well. Near hospital, don't think this is a good pulling point. JCube, nice ice-skating rink.
Below 1400psf I will definitely go pick up a unit there....
TheOnlyGayInTheVillage
03-06-12, 11:50
For one bedder here i guess 1450psf.
I think rental yield will be damn good man....
I think even hdb rental in jurong east will be beneficial...u think So??:o
ikan bilis
03-06-12, 13:12
mm likely to be $1500 or higher....
2 station further, at lakeside mrt (no big mall but got water/lake)...
THE LAKEFRONT RESIDENCES LAKESIDE DRIVE Condominium 1 650,000 495 Strata 1,313 May-12
CASPIAN LAKESIDE DRIVE Condominium 1 626,888 463 Strata 1,354 May-12
CASPIAN LAKESIDE DRIVE Condominium 1 605,000 463 Strata 1,307 Apr-12
CASPIAN LAKESIDE DRIVE Condominium 1 605,000 463 Strata 1,307 Mar-12
ikan bilis
03-06-12, 13:28
west side not many mm ...
THE HILLIER HILLVIEW RISE Apartment 1 902,398 624 Strata 1,445 May-12
THE HILLIER HILLVIEW RISE Apartment 1 918,566 624 Strata 1,471 Apr-12
THE HILLIER HILLVIEW RISE Apartment 1 831,310 624 Strata 1,332 Apr-12
THE HILLIER HILLVIEW RISE Apartment 1 1,016,125 614 Strata 1,656 Apr-12
THE HILLIER HILLVIEW RISE Apartment 1 953,590 614 Strata 1,554 Mar-12
THE TENNERY WOODLANDS ROAD Apartment 1 850,000 614 Strata 1,385 Sep-11
THE TENNERY WOODLANDS ROAD Apartment 1 830,000 614 Strata 1,353 Aug-11
THE TENNERY WOODLANDS ROAD Apartment 1 878,000 614 Strata 1,431 Aug-11
THE TENNERY WOODLANDS ROAD Apartment 1 870,000 614 Strata 1,418 Jul-11
THE TENNERY WOODLANDS ROAD Apartment 1 860,500 614 Strata 1,402 Jul-11
TheOnlyGayInTheVillage
03-06-12, 14:48
mm likely to be $1500 or higher....
2 station further, at lakeside mrt (no big mall but got water/lake)...
THE LAKEFRONT RESIDENCES LAKESIDE DRIVE Condominium 1 650,000 495 Strata 1,313 May-12
CASPIAN LAKESIDE DRIVE Condominium 1 626,888 463 Strata 1,354 May-12
CASPIAN LAKESIDE DRIVE Condominium 1 605,000 463 Strata 1,307 Apr-12
CASPIAN LAKESIDE DRIVE Condominium 1 605,000 463 Strata 1,307 Mar-12
But Lakeside already has its own established enclave of expats eg Japanese, Indonesians... Plus there is nature to speak of. So i doubt it will really hit 1500psf ba. Unless the MM is 398sf kinda.
TheOnlyGayInTheVillage
03-06-12, 14:49
west side not many mm ...
THE HILLIER HILLVIEW RISE Apartment 1 902,398 624 Strata 1,445 May-12
THE HILLIER HILLVIEW RISE Apartment 1 918,566 624 Strata 1,471 Apr-12
THE HILLIER HILLVIEW RISE Apartment 1 831,310 624 Strata 1,332 Apr-12
THE HILLIER HILLVIEW RISE Apartment 1 1,016,125 614 Strata 1,656 Apr-12
THE HILLIER HILLVIEW RISE Apartment 1 953,590 614 Strata 1,554 Mar-12
THE TENNERY WOODLANDS ROAD Apartment 1 850,000 614 Strata 1,385 Sep-11
THE TENNERY WOODLANDS ROAD Apartment 1 830,000 614 Strata 1,353 Aug-11
THE TENNERY WOODLANDS ROAD Apartment 1 878,000 614 Strata 1,431 Aug-11
THE TENNERY WOODLANDS ROAD Apartment 1 870,000 614 Strata 1,418 Jul-11
THE TENNERY WOODLANDS ROAD Apartment 1 860,500 614 Strata 1,402 Jul-11
Nottinghill Suites? Is that cnsidered west?
ikan bilis
03-06-12, 21:27
Nottinghill Suites? Is that cnsidered west?
ya... did not notice this 1... but this 1 somehow ura put it under rcr,
this 1 is fh and not near mrt...
NOTTINGHILL SUITES TOH TUCK ROAD Apartment 1 650,000 398 Strata 1,632 May-12
NOTTINGHILL SUITES TOH TUCK ROAD Apartment 1 650,000 398 Strata 1,632 May-12
NOTTINGHILL SUITES TOH TUCK ROAD Apartment 1 653,400 398 Strata 1,641 May-12
NOTTINGHILL SUITES TOH TUCK ROAD Apartment 1 640,900 398 Strata 1,609 May-12
another one also under rcr, near mrt....
ONE-NORTH RESIDENCES ONE-NORTH GATEWAY Apartment 1 970,000 603 Strata 1,609 May-12
ONE-NORTH RESIDENCES ONE-NORTH GATEWAY Apartment 1 940,000 592 Strata 1,588 Apr-12
ONE-NORTH RESIDENCES ONE-NORTH GATEWAY Apartment 1 928,000 570 Strata 1,627 Apr-12
ONE-NORTH RESIDENCES ONE-NORTH GATEWAY Apartment 1 900,000 592 Strata 1,520 Mar-12
ONE-NORTH RESIDENCES ONE-NORTH GATEWAY Apartment 1 980,000 592 Strata 1,655 Jan-12
mm at west side too few and not cheap (no 4xx-5xxK range),... mm at far north, north-east and east have lower quantum...
I think if mm sure 1450 psf
rattydrama
04-06-12, 00:09
perception of luxury is usually when there are no hdbs around it. this one a bit tough.
beg to defer.
This is an intersection plot smack between Jurong and clementi. Clementi is not far away from D5 and Holland Road or mere 15 min drive to holland village.
with a height limit of 150m and surrounded by JDL stories, this can go a long way.
somehow, i am begining to think that 2000psf is not unattainable.
:D its serious biz from the gov.
rattydrama
04-06-12, 00:10
I think rental yield will be damn good man....i conquer... no short to renters... IBP is a big pie.
beg to defer.
This is an intersection plot smack between Jurong and clementi. Clementi is not far away from D5 and Holland Road or mere 15 min drive to holland village.
with a height limit of 150m and surrounded by JDL stories, this can go a long way.
somehow, i am begining to think that 2000psf is not unattainable.
:D its serious biz from the gov.
u can also say clementi is less than 15min drive away from nassim or orchard rd, hence clementi is luxury grade lol. :)
u can also say clementi is less than 15min drive away from nassim or orchard rd, hence clementi is luxury grade lol. :)
where is the Like button :scared-2: :p
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