PDA

View Full Version : Martin Place Residences (D9, Freehold, Frasers Centrepoint)



Pages : [1] 2

ahlahdin
11-03-08, 00:05
http://www.martinplace.sg/

mr funny
12-09-08, 11:34
http://www.businesstimes.com.sg/sub/news/story/0,4574,296625,00.html?

Published September 12, 2008

High-end home market going off the boil

Developers are testing the market to see if their projects will sell

By UMA SHANKARI


MOST developers are still holding off launching luxury condominiums, but a few projects are slowly being put on the market.

Frasers Centrepoint has launched and sold about 30 units at its 302-unit Martin Place Residences, with apartments going for about $1,800 per square foot (psf) on average.

Martin Place Residences is in the River Valley neighbourhood in District 9.

And nearby, SC Global Developments said last week it had released and sold 30 apartments in its Martin No 38, which has 91 units in total.

The average price fetched was $2,130 psf, with sales coming at $1,881-$2,494 psf.

Developers are pushing out luxury condo projects cautiously, with most releasing them in small phases.

Many are also trying to test the market to see if their high-end homes will sell and gauge how much buyers will be willing to pay.

Yesterday, the en-bloc purchasers of Lincoln Lodge said they will be launching the new development on the site - Lincoln Suites - by early next year.

But the developers - Koh Brothers, Heeton Holdings, KSH Holdings and Lian Beng Group, which each have an equal stake in the project - will only release some of the project's 175 units in the first phase.

And current residents of Lincoln Lodge will probably be allowed to stay in their homes well into next year.

'We are not going to launch all the units at one go,' said Francis Koh, chief executive of Koh Brothers. 'The price will be determined by buyers' willingness to buy.'

Prices will be similar to or 'even lower than' comparable projects nearby, Mr Koh said.

Units in the newly-built nearby development, Park Infinia at Wee Nam, are going for $1,300-$1,600, property consultants said.

The consortium bought Lincoln Lodge for $243 million, or $1,449 psf per plot ratio, including an estimated development charge of $413,000, in June last year at the height of the en bloc frenzy.

They then decided to hold off tearing down the existing project, and have instead allowed occupants to keep renting apartments for at least six months from the sale completion date in July this year.

Now, the showflat for Lincoln Suites will be built with Lincoln Lodge still standing.

Depending on the market response, the leases of the tenants could be extended past January next year.

moonk123
11-12-08, 21:35
Project Name-MARTIN PLACE RESIDENCES
Developer-FCL Land Pte Ltd
Property Type-Condominium
Tenure - Freehold
Total Units - 302
Completion Date - Uncompleted
District - 9

http://www.virtualhomes.sg/FileUpload/Project/2338/Images/a1.jpg

http://www.virtualhomes.sg/FileUpload/Project/2338/Images/a3.jpg

http://www.virtualhomes.sg/FileUpload/Project/2338/Images/a6.jpg

http://www.virtualhomes.sg/FileUpload/Project/2338/Images/floor_typeA1.jpg

http://www.virtualhomes.sg/FileUpload/Project/2338/Images/floor_typeC1.jpg

http://www.virtualhomes.sg/FileUpload/Project/2338/Images/e1.jpg

>>>> click here for more floor plans and elevation charts >>>> (http://www.virtualhomes.sg/martinplaceresidences)

http://www.virtualhomes.sg/FileUpload/Project/2338/Images/site.jpg

>>>> click here for viewing more 720 degree virtual tour >>> (http://www.virtualhomes.sg/martinplaceresidences)

Acer
02-03-09, 16:06
Heard this project gona relaunch again .

Indicative price will be like 1450psf

Acer
02-04-09, 08:46
does anyone has any updates?

ahlahdin
02-04-09, 14:49
This project will die c0ck standing in the current market. Till better times then!

Acer
02-04-09, 16:20
was there last week, basically foundation and some pillar are done

I was told the showflat is ready but not open to public as yet.

Dunno wat game are they playing..... mayb waiting game

bad new just out yest on Pte property and more to come

Acer
02-04-09, 16:22
I dun deny though that this project has the best layout and facing.

It face total north whereas others are not

isaaclim
02-04-09, 17:48
was there last week, basically foundation and some pillar are done

I was told the showflat is ready but not open to public as yet.

Dunno wat game are they playing..... mayb waiting game

bad new just out yest on Pte property and more to come

They had preview launch before. Finishing not bad... But asking around 1.7k-1.8k psf. Not sure are they going to reduce anythings for 1.4k psf.

Acer
03-04-09, 08:29
They had preview launch before. Finishing not bad... But asking around 1.7k-1.8k psf. Not sure are they going to reduce anythings for 1.4k psf.


That was last yr 2008 Jan right?
I do think they want to reduce to 1.4k ,if not they would have done tat now lor
Even at 1.4k , not many enquires

Acer
21-04-09, 09:34
I heard that Fraser gona launch this project in May with indicative price of 1500 psf.


I find it reali hi...
Its progressive payment somemore.

Heard that cos of illumeria was sold out , thinking the same for them .
Mayb tat y they increase to 1500

Acer
27-04-09, 16:08
does anyone has 1st hand informations on this project ??

psf?
date to launch?

orange
27-04-09, 16:49
If the Indons start buying this, won't be 1500 psf liao. Face it lah, this area is not meant for us s'porns one. only for FT and foreign richies.

Acer
27-04-09, 16:54
how u know orange...

orange
27-04-09, 17:02
In the first place, this area condos like Trillium, Cosmo, Martin Pl, etc not marketed to locals. Last time Valley Park, Aspen, etc also marketed to foreigners first. That's why the price. When foreigners don't buy then they market to locals. Have some pride

dtrax
27-04-09, 17:26
does anyone has 1st hand informations on this project ??

psf?
date to launch?

Estimated $1.4k psf, May 25

NoodyGirl
27-04-09, 17:51
I was to the soft launch months back
That time they were very keen to offload some less interesting facing at 1200psf only
The reason I did not consider is cos of the proximity of the temple
And the surge in better location along River Valley
I think its not worth it, as also the layout takes out space as the planter area is quite big :scared-1:

Acer
28-04-09, 08:33
I was to the soft launch months back
That time they were very keen to offload some less interesting facing at 1200psf only
The reason I did not consider is cos of the proximity of the temple
And the surge in better location along River Valley
I think its not worth it, as also the layout takes out space as the planter area is quite big :scared-1:


I tot smaller units do not have any balcony????
I tot the 1200 psf was a history n didnt materialise cos fraser swallow back????

I heard of 1200psf things.I heard was 1200 psf for all level except 27 floor onward..
I offered cheques but they swallow back

NoodyGirl
28-04-09, 16:15
I tot smaller units do not have any balcony????
I tot the 1200 psf was a history n didnt materialise cos fraser swallow back????

I heard of 1200psf things.I heard was 1200 psf for all level except 27 floor onward..
I offered cheques but they swallow back


it was months ago lah
I dont recall that it was anything above 20Flr
anyway I dun plan to live near the Buddhist Lodge when the whole River Valley is on sale

Acer
12-05-09, 08:51
does any agent has any updated information??


Many thanks

hektor
16-05-09, 21:01
went to the preview today. place was very crowded. price was 1300psf upwards. heard selling quite well. uob offering interest absorbtion.

i think i will continue waiting till some of this pent up demand is absorbed.

riverfish
17-05-09, 13:26
Typical Singaporeans. Everyone is now rushing to buy properties in prime districts, this fear of missing the boat is intensifying, judging by the shoe-counts in property launches.

Lai ah Lai ah! Dan kuku dan buay boh ah!

Let's see how high they are prepared to chase up the prices. Wonder whether most pple are buying for own stay or investment.

My instincts as an investor tell me I should stay away.

august
17-05-09, 14:09
imho mkt still overpriced ... good that ppl are buying, it will suck up the pent up demand

Lord Anus
17-05-09, 23:24
Typical Singaporeans. Everyone is now rushing to buy properties in prime districts, this fear of missing the boat is intensifying, judging by the shoe-counts in property launches.

Lai ah Lai ah! Dan kuku dan buay boh ah!

Let's see how high they are prepared to chase up the prices. Wonder whether most pple are buying for own stay or investment.

My instincts as an investor tell me I should stay away.

At the entrance leading up to Martin Place Residence, one long queue of BMWs, Mercedes-Benzs and Porsches. Only a few Japanese cars. Crazy, man! Looks like the wealthy are coming out in full force.

kal
18-05-09, 01:52
i saw maserati and a bentley in in wharf res showroom too !!

orange
18-05-09, 03:15
these 2 projects are quite stoopid leh.. kena blocked in by surrounding.. concrete jungle!

kal
18-05-09, 09:02
these 2 projects are quite stoopid leh.. kena blocked in by surrounding.. concrete jungle!

then the whole RV projects are stoopid liao lor. Which RV project not blocked? Then Sentosa is the best ?

proud owner
18-05-09, 10:04
then the whole RV projects are stoopid liao lor. Which RV project not blocked? Then Sentosa is the best ?

the higher floor of rivergate is not blocked ...

regency park is not blocked ..

its true that most RV condos are blocked in many directions ...

i see Wharf can be really bad ... blocked in almost all directions

bargain hunter
18-05-09, 11:48
ok lah, in front shop houses not exactly blocked, but not exactly good view either. the last block is also taller than Robertson Edge, maybe that's why they 4 bedrooms Capitaland refuse to let go at cheap prices.

Agree that higher floor of Rivergate and Regency Park are not blocked. In fact for RG, some of the units Lippo are releasing has some of the best views but asking above 1400psf I heard.





the higher floor of rivergate is not blocked ...

regency park is not blocked ..

its true that most RV condos are blocked in many directions ...

i see Wharf can be really bad ... blocked in almost all directions

mr funny
18-05-09, 22:37
http://www.channelnewsasia.com/stories/singaporebusinessnews/view/430095/1/.html

80% of Martin Place Residences units launched sold over weekend

By Ng Baoying, Channel NewsAsia | Posted: 18 May 2009 1924 hrs


SINGAPORE: Eighty per cent of the high-end Martin Place Residences condominums launched were sold over the weekend.

A third of the 302 units available have been launched.

The freehold Martin Place Residences is just a few minutes from the heart of Singapore's prime Orchard Road shopping belt.

Developer Frasers Centrepoint said the units were transacted at between S$1,260 and S$1,700 per square foot.

Six in 10 buyers were from Singapore, while the rest were foreigners from countries like Malaysia and Indonesia.

Frasers Centrepoint attributed the strong response to its pricing.

The initial 28 units that were sold last year were priced between S$1,700 and S$2,000 per square foot.

- CNA/yt

mr funny
20-05-09, 02:34
http://www.straitstimes.com/Money/Story/STIStory_378581.html

May 19, 2009 Tuesday

Price cuts draw buyers to 3 condo relaunches

http://www.straitstimes.com/STI/STIMEDIA/image/20090519/b16-2.jpg
Parc Centennial sold 32 units at $1,115 psf to $1,233 psf over the weekend. Prices were about 20 per cent lower than last year's $1,450 psf. -- PHOTO: EL DEVELOPMENT


THREE prime condominium projects that struggled to generate interest last year saw a surge of buyer activity over the weekend after developers cut their prices.

The freehold 19-storey Parc Centennial in Kampong Java Road - where all 51 units are served by private lifts - sold 32 units at $1,115 per square foot (psf) to $1,233 psf, or from $1.27 million to $1.93 million. This price level is about 20 per cent lower than last year's $1,450 psf, and the interest absorption scheme is included.

Developer EL Development sold only six units in April and May last year when the project was originally released for sale. And at a private preview in March this year, it sold a 2,486 sq ft penthouse unit for $1,005 psf.

It held a preview this past weekend and has now sold all the two-bedroom units, which start from 1,098 sq ft. The three-bedders increase in size to 1,572 sq ft.

Managing director Lim Yew Soon said he had raised the prices of the remaining 12 three-bedroom units at Parc Centennial by 2 per cent.

Over at the 302-unit Martin Place Residences in River Valley, a soft launch over the weekend saw sales of 80 units at $1,450 psf on average, out of a total of 100 units launched.

Developer Frasers Centrepoint Homes said the 'attractive pricing' drew buyers. It released units priced from $1,260 psf to $1,700 psf, compared with the initial 28 units sold at $1,700 psf to $2,000 psf last year.

Singaporeans made up 62 per cent of the buyers at Martin Place Residences, with the rest being permanent residents and foreigners.

Earlier, CapitaLand had reported strong weekend sales at its 173-unit The Wharf Residence. About 95 per cent of the buyers chose not to take up the stamp duty waiver and interest absorption, preferring a straight 8 per cent price cut, it said yesterday.

Prices started at just below $1,000 psf for units with private enclosed space and many of the weekend deals were done at less than $1,300 psf, industry sources said.

Attractive price cuts, coupled with the recent stock market rally and a fear of losing out, are some of the key factors spurring buyer interest, experts said.

Compared with the situation late last year, buyers are more confident and developers seem to be taking advantage of improving sentiment to relaunch projects at attractive prices, said PropNex chief executive Mohamed Ismail.


JOYCE TEO

bargain hunter
20-05-09, 20:30
Dropped by the showroom just before 6pm this evening. People were still streaming in my the time I left. The developer had launched 1 block or approximately 120 out of 302 units since last weekend (previously 28 units had been sold last year at high prices). More than 92 units had been sold and the developer had stopped selling the higher floors with a view to increase prices during this weekend's launch. Was quoted a very low floor 3 bedroom unit at 1300psf. Seems like below the 14th floor sky terrace, prices are 1300psf to 1400psf currently.

roger168
20-05-09, 23:35
MARTIN PLACE RESIDENCES @ $1,4XX psf averagely
===
District: 09
Address: 2,6 MARTIN PLACE
Developer: FRASERS CENTREPOINT HOMES
Type: APARTMENT / CONDO
Year Completed: 2011
Tenure: FREEHOLD
Total Units: 302
===
1/2/3/4/Penthse bdrms units
Showflat available to view .
1bdrm - 592/646
2bdrm - 1044/1163
3bdrm - 1421
3+study bdrm - 1722
4bdrm - 1894/2002
5dbrm Penthse - 3326/3434
===
Facilities:
SWIMMING POOL
CHILDREN'S POOL
FUNCTION ROOM
GYM
CHANGING ROOMS
CHILDREN'S PLAY AREA
TENNIS COURT
SPA POOLS
2 SPA PAVILION WITH BBQ
POOL DECK
GRAND PAVILION WITH KITCHEN
BBQ
SKY TERRACE ON 14TH STOREY WITH READING LOUNGE
YOGA CORNER
SKY LOUNGE
WATER GARDEN
===
Roger Tan - 9061-9884

moneyspinner
25-05-09, 21:12
Any update on the sale during the last weekend?? Prices?:)

bargain hunter
26-05-09, 09:37
According to today's BT,


"Frasers Centrepoint sold 60 more units last week at Martin Place Residences; new units were released over the weekend at prices that were about 5-7 per cent higher." ......

and

"At Martin Place Residences, the developer released fresh units below the 14th floor sky terrace in the second and final block in the 33-storey condo.
Prices of the freshly released units start from $1,350 psf, higher than the $1,260 psf starting price in the earlier block during the preceding weekend's marketing campaign.
However, the latest pricing is still below the $1,700 psf starting price for the 33-storey freehold project when it was previewed last year. Inclusive of the units sold last week, 168 units in the 302-unit condo are now sold."

Official launch is this weekend, the agent told me.



Any update on the sale during the last weekend?? Prices?:)

Property_Owner
28-05-09, 12:52
Any updates? Worth to buy this? If not which is better then MPR?

jc
28-05-09, 13:04
Is it worth to buy at $1300-$1400psf for 3rm south facing low to mid flr? My concern is it is opposite a religious instituition, though not as bad as Wharf which i think is beside one. Any thoughts to share tks :)

I was told it is on elevated ground. So even low flr like 8th is like Rivergate 18th. But it seems south facing units will be blocked by future residential development.

dtrax
28-05-09, 13:32
I guess most are attracted to this mainly:
- prices at RG seems to be holding well
- relatively large land and only 20% residential
- full condo facilities unlike wharf and better quality
- a discount of almost $2XX-300K from last yr when those idiots purchase these units (based on the first private prices since FCL has risen the prices since)

But like I said if you are ok with a temple/religious institution flanked on the right and dun mind the pple streaming in for free food in weekends/festive seasons and congested traffic, go ahead and buy if the price is within the comfortable range. I am not sure what some of u guys think about temples etc.. beside condos since it is usually attributed to noise, traffic but if you wish to stroll down to orchard you will definitely bypass the kim yam road. I cant imagine a high crass development having the above even though they build their own "martin place" road

Also it has the neither here nor there loaction, it is still a fair 8-10 mins walk to somerset mrt/orchard central shopping and a fair distance to clark quay

As for the south facing view, the new blocks released might be blocked by the empty plot of land if developed for residential assuming same plot ratio

eng00701
28-05-09, 13:43
I have been scouting for a property since the start of this year and did my due diligence by going to ura site to check for upcoming projects, then google-ing on projects on areas/roads that i am interested and then calling up developers so that i can go for preview launches before official launches.
i seen about 10 plus 20 new developments in d9,10,11 but most other developments belong to genre of having one or two tall towers built on small plot of land. i was patiently waiting for the prices to go down since 2 years ago but they seem to have more or less stablised now. in my opinion it is not very realistic to keep waiting as sellers and developer launch prices are more or less on par. the h1n1 is a lame virus with ridiculously low mortality rate plus with a vaccine on way, its not going to affect economy.

Finally i chose and bought a 1-room (few floors below sky terrace) in Martinplace during preview launch. 1400+ psf. havent regretted since and really looking forward to TOP :).
initially i didnt want to consider cos it was along crowded kim yam road and buddist lodge. but they opened a new road Martinplace road just for this development which leads direct to martin road. what i really liked was the large spaces and really cool facilities like 50m pool, sky terrace, tennis court etc. older developments are more generous with space. for new developments in freehold d9, it is rare to have so much space. only about 20-30% of land in martinplace res is used for resident blocks. the rest is for facilities.
would have wanted a higher floor unit but the larger 1 rms (646 sq ft) are facing the pool and max only 13 floors. the smaller ones 592 go up to 30+ floors but i decided to go for slighter larger and pool view. i suppose a very high floor has higher potential to sell for extra-ordinary price but that is irrevelent to me (my gf loves the place and said she will never ever agree to sign to sell it. at most rent out :o). in which case, it makes most economical sense to buy a mid floor unit since rental yield is not much higher for high floor units). the
I been to both Alexis and Illuminaire (the two extremely "hot" developments that sold out within days). i must admit the psf for them is fairly attractive and their location unbeatable for freehold. but their size is like un-liveable. one room is 400+ sq ft and and how they can squeeze 2 rooms in 600+ sqft is beyond me. illuminaire still got 2 balconys ??! :scared-1:
As mentioned, the real draw for me to martin res is the large space and the facilities. however the drawback is that it is near buddist lodge. but this is not a major issue cos you have your own alternative road out and do not have to squeeze through kim yam. thats of course my own personal opinion.

bargain hunter
28-05-09, 14:04
Good choice! I know for new good sized and ok priced studios, only Martin Place, Inspira and Tribeca has. Not sure if there are any others in the area?



I have been scouting for a property since the start of this year and did my due diligence by going to ura site to check for upcoming projects, then google-ing on projects on areas/roads that i am interested and then calling up developers so that i can go for preview launches before official launches.
i seen about 10 plus 20 new developments in d9,10,11 but most other developments belong to genre of having one or two tall towers built on small plot of land. i was patiently waiting for the prices to go down since 2 years ago but they seem to have more or less stablised now. in my opinion it is not very realistic to keep waiting as sellers and developer launch prices are more or less on par. the h1n1 is a lame virus with ridiculously low mortality rate plus with a vaccine on way, its not going to affect economy.

Finally i chose and bought a 1-room (few floors below sky terrace) in Martinplace during preview launch. 1400+ psf. havent regretted since and really looking forward to TOP :).
initially i didnt want to consider cos it was along crowded kim yam road and buddist lodge. but they opened a new road Martinplace road just for this development which leads direct to martin road. what i really liked was the large spaces and really cool facilities like 50m pool, sky terrace, tennis court etc. older developments are more generous with space. for new developments in freehold d9, it is rare to have so much space. only about 20-30% of land in martinplace res is used for resident blocks. the rest is for facilities.
would have wanted a higher floor unit but the larger 1 rms (646 sq ft) are facing the pool and max only 13 floors. the smaller ones 592 go up to 30+ floors but i decided to go for slighter larger and pool view. i suppose a very high floor has higher potential to sell for extra-ordinary price but that is irrevelent to me (my gf loves the place and said she will never ever agree to sign to sell it. at most rent out :o). in which case, it makes most economical sense to buy a mid floor unit since rental yield is not much higher for high floor units). the
I been to both Alexis and Illuminaire (the two extremely "hot" developments that sold out within days). i must admit the psf for them is fairly attractive and their location unbeatable for freehold. but their size is like un-liveable. one room is 400+ sq ft and and how they can squeeze 2 rooms in 600+ sqft is beyond me. illuminaire still got 2 balconys ??! :scared-1:
As mentioned, the real draw for me to martin res is the large space and the facilities. however the drawback is that it is near buddist lodge. but this is not a major issue cos you have your own alternative road out and do not have to squeeze through kim yam. thats of course my own personal opinion.

Property_Owner
28-05-09, 14:09
Good advice from you guys. That's what I feel. This is a good project to invest in. Will be exercising my option next week. Thanks:)

denverusa
28-05-09, 21:01
Congrats on yr purchase ! but seriously i m not sure yr age group, but i think after u got married with yr girlfriend u wd need at least 1000 sq ft so start saving now for the next house ! i hv friends who bgt studio and before long, they realise is just too small for 2 person, let alone v soon another baby coming along. meanwhile, enjoy yr yuppie life !

zeq
28-05-09, 23:06
I have been scouting for a property since the start of this year and did my due diligence by going to ura site to check for upcoming projects, then google-ing on projects on areas/roads that i am interested and then calling up developers so that i can go for preview launches before official launches.
i seen about 10 plus 20 new developments in d9,10,11 but most other developments belong to genre of having one or two tall towers built on small plot of land. i was patiently waiting for the prices to go down since 2 years ago but they seem to have more or less stablised now. in my opinion it is not very realistic to keep waiting as sellers and developer launch prices are more or less on par. the h1n1 is a lame virus with ridiculously low mortality rate plus with a vaccine on way, its not going to affect economy.

Finally i chose and bought a 1-room (few floors below sky terrace) in Martinplace during preview launch. 1400+ psf. havent regretted since and really looking forward to TOP :).
initially i didnt want to consider cos it was along crowded kim yam road and buddist lodge. but they opened a new road Martinplace road just for this development which leads direct to martin road. what i really liked was the large spaces and really cool facilities like 50m pool, sky terrace, tennis court etc. older developments are more generous with space. for new developments in freehold d9, it is rare to have so much space. only about 20-30% of land in martinplace res is used for resident blocks. the rest is for facilities.
would have wanted a higher floor unit but the larger 1 rms (646 sq ft) are facing the pool and max only 13 floors. the smaller ones 592 go up to 30+ floors but i decided to go for slighter larger and pool view. i suppose a very high floor has higher potential to sell for extra-ordinary price but that is irrevelent to me (my gf loves the place and said she will never ever agree to sign to sell it. at most rent out :o). in which case, it makes most economical sense to buy a mid floor unit since rental yield is not much higher for high floor units). the
I been to both Alexis and Illuminaire (the two extremely "hot" developments that sold out within days). i must admit the psf for them is fairly attractive and their location unbeatable for freehold. but their size is like un-liveable. one room is 400+ sq ft and and how they can squeeze 2 rooms in 600+ sqft is beyond me. illuminaire still got 2 balconys ??! :scared-1:
As mentioned, the real draw for me to martin res is the large space and the facilities. however the drawback is that it is near buddist lodge. but this is not a major issue cos you have your own alternative road out and do not have to squeeze through kim yam. thats of course my own personal opinion.

Are u joking. First post...
How come people are so desperate?
Since the project has raised prices, there are demand.
No need to worry about people buying.
Singporeans are very rich one.
DOn't worry, it will sell out soon.

dtrax
28-05-09, 23:16
Congrats for your purchase :) You cant compare with alexis and illuminaire, both are joker mickey mouse developments. illuminaire's location is unbeatable, fair enuff but for rental investment it might be under threat given nearby condos such as metz, S@C with better facilities which is especially true if there are oversupply of condos in future. If I am to find a place, I would prefer the latter 2 than illum at anytime.

As for the buddist lodge if u drive, yes you can avoid the kim yam road but if you were to take a stroll to orchard, u confirm need to take the kim yam road unless u dun mind making a big round to martin rd :P

Rental wise, mid/high floor not much diff but more for capital appreciation in future if the high flr has excellent views, you can fetch for gd price.. which is true for the sail; high flr/gd facing can fetch almost $19XX> psf and above even at this time lol

From an investment point of view, we also need to consider about having buildings like temples nearby but if buying for stay as long as you like the place, that is what it matters. For the price of $14XX, well at this current time I can only say it is fairly reasonable based on last yr's sale price for MPR and if prices do not dip further in 2010 when more condos in prime disrticts are thrown into the market

dtrax
28-05-09, 23:17
Are u joking. First post...
How come people are so desperate?
Since the project has raised prices, there are demand.
No need to worry about people buying.
Singporeans are very rich one.
DOn't worry, it will sell out soon.

lol different pple have different needs. Some buy for stay, some buy for investment, some i see u buy i oso muz buy otherwise will lose out.. having said that MPR also has quite a fair number of foreign buyers.. about 35% or so

dtrax
28-05-09, 23:19
lol yeah I can say SG all very rich... the students I see in uni some even drive beemer or sports cars..

sufri
28-05-09, 23:33
lol yeah I can say SG all very rich... the students I see in uni some even drive beemer or sports cars..
There are 70000 millionaires in Singapore, what do u expexct? :)
anyway, i see no big deal if students drive beemers to sch if their parents bought the cars for them. For those students who work for their money and earn the beemers, that i hold in high regard. My :2cents: :2cents:

eng00701
29-05-09, 01:55
lol different pple have different needs. Some buy for stay, some buy for investment, some i see u buy i oso muz buy otherwise will lose out.. having said that MPR also has quite a fair number of foreign buyers.. about 35% or so
i am not a rich guy who can buy multiple properties for investment. :cool: haha. for me its a matter of balance of a home that i like to stay in and a place that can be rented out in future if needed.
i agree with you regarding the capital appreciation of high floor units but for martin res, the high floor studio all face an empty plot of land. its not nice to live in fear of being boxed up should a new development crop up in next few years.
as for the buddist lodge, i presume the developer are not suckers and would have factored that in. otherwise the development may not have so much land devoted to facilities to attract pple or the psf may have been higher.

DW
29-05-09, 22:44
I fully agree !!



anyway, i see no big deal if students drive beemers to sch if their parents bought the cars for them. For those students who work for their money and earn the beemers, that i hold in high regard. My :2cents: :2cents:

bargain hunter
29-05-09, 23:02
Hmm...news on TV reported 15 out of 40 units launched today were sold without any adverts. I wonder how the response will be like tomorrow when the adverts for the official launch are splashed on newspapers.

cysnotts
31-05-09, 20:05
BTW what is the maintenance fee for 1 and 2 bedroom type?

eng00701
01-06-09, 07:20
BTW what is the maintenance fee for 1 and 2 bedroom type?

approx 250-290

DKSG
08-06-09, 20:24
Congrats my friend !

I do agree with the other post about 2 persons staying in a studio unit ...

After a while (if you have bad habits like me), when u start to collect my things in your apartment, you will realised studio is just too small ...

Me currently staying alone in a 630+ sqft studio, after 1 year, I find it is just too smallish ...

But dont worry, but then u may have made enough from this studio to buy a 2BR ...

Welcome to the world of condos !

YFG

eng00701
11-07-09, 21:00
Just called up showroom today. i was amazed that there are still high floor 1 rm left. then i heard the price. 24+ flr is selling 1777psf upwards. :scared-3:

apparently only got south facing (rivergate facing) left. pool facing all gone. actually i quite surprised cos the pool facing is quite blocked. plus its low floor. only up to 13 floors. yet all got sold out very fast.

i would think that the south facing is better as the high floors will have superb unblocked views. i suppose pple think the premium charged by developer is too high for the view

pebbles
11-07-09, 21:57
Some pics of the site and its surroundings. High floor south facing units should have quite a view.

minority
14-07-09, 13:51
the higher floor of rivergate is not blocked ...

regency park is not blocked ..

its true that most RV condos are blocked in many directions ...

i see Wharf can be really bad ... blocked in almost all directions

no lah the wharf front facing not that block wat.

eng00701
14-07-09, 14:38
Some pics of the site and its surroundings. High floor south facing units should have quite a view.

you took from urbana? can i know which floor is this taken from?

pebbles
14-07-09, 23:14
you took from urbana? can i know which floor is this taken from?

Yup. Above the 30th floor. Cheers!

eng00701
16-07-09, 10:08
Yup. Above the 30th floor. Cheers!

oh thanks!
are you able to take pics from other direction? the north facing ones? the ones facing riviera. i wonder what their roof looks like.

thanks in advance. :)

pebbles
18-07-09, 09:22
oh thanks!
are you able to take pics from other direction? the north facing ones? the ones facing riviera. i wonder what their roof looks like.

thanks in advance. :)

Here you go!

:)

Lord Anus
18-07-09, 12:14
There are 70000 millionaires in Singapore, what do u expexct? :)
anyway, i see no big deal if students drive beemers to sch if their parents bought the cars for them. For those students who work for their money and earn the beemers, that i hold in high regard. My :2cents: :2cents:

money is money. whether the bimmer is bought with own money or given to them, it is still a bimmer. a bimmer driven by a young person can be used for many untangible benefits. for example, getting laid, getting to know people of the same moneyed background, etc etc.

make the fullest use of what life has to offer. use every advantage you were born with or was given to you. cos if you don't, then you are stupid. cos there are many more less fortunate who are willing to kill for the advantages that you have.

your high regard or respect don't mean a thing. in this world (and you are deeply involved in it since you are in a condo discussion forum) money is power and makes the world go round. There is little importance placed on higher ideals like regard and respect.

Nobody is going to give you a discount on a condo just because he or she respects that your money is self-made.

pweesng
20-07-09, 10:10
heh heh... well said...

money from parents, grandparents... still smells the same



money is money. whether the bimmer is bought with own money or given to them, it is still a bimmer. a bimmer driven by a young person can be used for many untangible benefits. for example, getting laid, getting to know people of the same moneyed background, etc etc.

make the fullest use of what life has to offer. use every advantage you were born with or was given to you. cos if you don't, then you are stupid. cos there are many more less fortunate who are willing to kill for the advantages that you have.

your high regard or respect don't mean a thing. in this world (and you are deeply involved in it since you are in a condo discussion forum) money is power and makes the world go round. There is little importance placed on higher ideals like regard and respect.

Nobody is going to give you a discount on a condo just because he or she respects that your money is self-made.

khng
27-10-09, 14:11
Some pics of the site and its surroundings. High floor south facing units should have quite a view.
Would you be able to post some update pics?

orange
27-10-09, 15:39
lord anus, harshly put but well said. those have-nots will be acting exactly like the haves, were they in a position to. life's like that, no need to pity the have-nots.

Reporter
05-11-09, 12:39
http://www.straitstimes.com/STI/STIMEDIA/common/mast_home.gif
Foreigners back in private home market
Foreign buyers are streaming back into the private homes market in growing numbers, especially those from China
Joyce Teo
The Straits Times
Thursday, 5 November 2009

http://www.straitstimes.com/STI/STIMEDIA/image/20091105/homesales-st.jpg
New research from property consultancy Savills Singapore shows foreigners accounted for 22.7% of private home sales in the third quarter. -- Photo: Desmond Foo, ST

Foreign buyers are streaming back into the private homes market in growing numbers, especially those from China.

New research from property consultancy Savills Singapore shows foreigners accounted for 22.7% of private home sales in the third quarter – above the 19.7% average since the start of 2000.

Buyers from China have dislodged those from India for the No. 3 spot in the rankings this year with a contribution of nearly 15% of total foreign purchases. This puts China just behind Indonesia in the second spot and Malaysia at No. 1.

In the past two years, India had been in third spot, but it has slipped to fourth.

Last year, buyers from China had moved up to the No. 4 spot, dislodging buyers from Britain.

Buyers from Myanmar featured more strongly, coming in at No. 8. They did not make it to the top 10 last year, and were 10th in 2007.

In the July to September period, foreign buyers – including permanent residents – lodged 2,448 private home caveats, a key step to buying a home.

This is up from 1,807 caveats in the second quarter and just 498 in the first, according to data compiled by Savills.

In all, permanent residents bought 1,389 homes in the third quarter.

DTZ said its preliminary data for the third quarter showed that foreigners accounted for about 25% of total sales, compared with about 33% during the boom of 2007.

The most popular project sought by foreigners was Sophia Residence, a project launched in July. Then came Caribbean at Keppel Bay, Ascentia Sky, One Devonshire and Viva.

Permanent residents preferred Melville Park, a 99-year leasehold condominium in Simei, the recently launched Trevista, followed by Caribbean at Keppel Bay.

About 54% of the purchases by China buyers were for resale homes, said DTZ head of South-east Asia research Chua Chor Hoon.

Like Malaysian buyers, buyers from China tend to prefer homes priced between $500,000 and $1 million.

One-fifth of them bought homes costing $1.5 million to as much as $5 million.

Indonesians, however, tended to go for higher priced projects, particularly those priced $1.5 million to $5 million.

They like properties located at Novena, River Valley and the Singapore River.

They had been the biggest group of foreign buyers, taking first place from 2004 to 2007, only to lose the spot to Malaysia during the recent economic crisis, said Ms Christine Sun, Savills Singapore’s senior research & consultancy manager.

The latest figures featured a substantial rise in the number of foreign transactions for higher-priced properties.

A total of 86 properties priced above $5 million were sold in the quarter, up from 27 in the second and a mere six in the first.

Also, there was a 60% rise in deals for projects costing between $1.5 million and $5 million. Demand from foreigners for mass market homes was little changed from the second quarter.

Savills said recent data showed that foreigners who are not permanent residents tend to buy more pricey projects.

This group was also more likely to buy homes in prime districts than permanent residents, said Ms Sun. ‘We are hearing that more of these super-rich mainland Chinese buyers have come in recent weeks to buy prime properties like the bungalows in Sentosa Cove.’

But the big influx of foreigners to the luxury market in the 2006-2007 boom has not quite returned, consultants said.

Still, support from regional buyers could rise further. Jones Lang LaSalle’s head of residential, Ms Jacqueline Wong, said the firm has had rising interest from new potential buyers from India, China and Russia in the past four months.

‘We are one of the places they are considering. They see Singapore as a safe haven,’ said Ms Wong.

A senior private banker at a foreign bank said: ‘We are seeing some clients consider buying a Singapore property as one of a string of homes they have around the world. Luxury homes have come down 30% from the peak, so they are better value now.’

DTZ’s Ms Chua said foreign buyers see the growing attraction of Singapore as a global city and expect prices to keep rising as the economy strengthens.

‘Prices of prime and luxurious units have not reached 2007 levels and there is still the potential of capital appreciation depending on the rate of economic recovery,’ she said.

http://i266.photobucket.com/albums/ii268/kcc0002/ForeignBuyersOnTheRise.jpg

Reporter
09-11-09, 11:06
31st floor at MPR 3.3m 10% premium vs 3m Parvis or close to 4m (or is it more?) for Trilight, I think the MPR one is still a good buy. :)


What is the floor area and psf for the 31st floor at MPR? Is there deferred payment available or only progressive? How about the facing? Again how is this compared to VIVA?


based on the info provided by new2mondrain, #31-09 is available at 3.3m. It should be a 1894sq ft 4 bedder so that translates to 1742psf. (If new2mondrain has actual figures, even better :) ) I'm not sure this price is for deferred or normal.

The drawback of this unit is that the shorter side of the living room faces west but most of the unit faces north. The view should be better than VIVA's but Urbana will be an eye sore north west of the unit.

Location wise, MPR and VIVA have their own appeals.

Funny that we are discussing MPR and VIVA on a Parvis thread, really don't give it any face. :ashamed1:
So ... it's 1,894 sqft.

I think only NPS is available for MPR.

andy
09-11-09, 11:49
So ... it's 1,894 sqft.

I think only NPS is available for MPR.

wow. 27-09 1555psf only in July.

Prices gone up so high? Smart developer increasing prices for each floor with time.

bargain hunter
09-11-09, 12:29
yes, that's what they do and why not when suddenly they find their units too cheap vs other new launches.


wow. 27-09 1555psf only in July.

Prices gone up so high? Smart developer increasing prices for each floor with time.

bargain hunter
09-11-09, 12:31
but MPR was launched long ago and back then there was either Deferred or IAS, i can't remember.


So ... it's 1,894 sqft.

I think only NPS is available for MPR.

Reporter
09-11-09, 12:55
based on the info provided by new2mondrain, #31-09 is available at 3.3m. It should be a 1894sq ft 4 bedder so that translates to 1742psf. (If new2mondrain has actual figures, even better :) ) I'm not sure this price is for deferred or normal.

The drawback of this unit is that the shorter side of the living room faces west but most of the unit faces north. The view should be better than VIVA's but Urbana will be an eye sore north west of the unit.

..........
If you want 4-bedders without west sun, I think you can also look at The Wharf Residence. The 4-bedders have a 270-degree view and the west sun is being blocked by MPR.

Like MPR, TWR is left with 4-bedders and penthouses, and the showroom is also closing shop soon. So ... will have to buy based on imagination soon ...

bargain hunter
09-11-09, 13:09
the poor take up rate for 4 bedders at The Wharf is possibly because the majority of the project consists of 2 and 3 bedders. The pool and total land area is also too small to be conducive for big families which require 4 bedders. MPR is also too far to block its west sun, even Kim Yam Heights (Oleander Residence) is not directly west of it. I hope this is not the big unit development which you just bought.




If you want 4-bedders without west sun, I think you can also look at The Wharf Residence. The 4-bedders have a 270-degree view and the west sun is being blocked by MPR.

Like MPR, TWR is left with 4-bedders and penthouses, and the showroom is also closing shop soon. So ... will have to buy based on imagination soon ...

Property_Owner
09-11-09, 13:20
the poor take up rate for 4 bedders at The Wharf is possibly because the majority of the project consists of 2 and 3 bedders. The pool and total land area is also too small to be conducive for big families which require 4 bedders. MPR is also too far to block its west sun, even Kim Yam Heights (Oleander Residence) is not directly west of it. I hope this is not the big unit development which you just bought.


lol, carebelle vs botannia

Reporter
09-11-09, 13:26
the poor take up rate for 4 bedders at The Wharf is possibly because the majority of the project consists of 2 and 3 bedders. The pool and total land area is also too small to be conducive for big families which require 4 bedders. MPR is also too far to block its west sun, even Kim Yam Heights (Oleander Residence) is not directly west of it. I hope this is not the big unit development which you just bought.
I would go for TWR 4-bedder due to the 270-degree and the 45-degree west sun. (Actually, 270-degree-view homes will have some west sun and 360-degree-view homes will definitely have west sun.)

Anyhow, it seems like this 4-bedder discussion will need to change to another thread cos' I think only 1 or maybe at most 2 TWR 4-bedders left and MPR is also left with only 1 or .........


but MPR was launched long ago and back then there was either Deferred or IAS, i can't remember.
I thought I read somewhere MPR only has NPS but I can't find it now. I think most buyers will just choose NPS.

new2mondrian
09-11-09, 13:27
Reporter, thanks for replying the question on the 4-bedder size posted on P@HH. Yes, it is abt that size. Cannot recall the exact size. No DPS is available.

Actually for a 31st floor unit at MPR, it is not over-priced (IMHO) given its layout. And 80% of the land area at MPR is used for land-scaping and ground facilities, which is another plus point. My only gripe was that for a unit that size, there is no wet/dry kitchen demarcation. BUT their penthouses are nice. Single-storey, full livable space and no roof-top terrace nonsense. But too bad I don't have so much $$$. In fact I even have to liquidate all my properties simply to afford the $3.3M.. let alone the penthouses. =p

Hey, what is the big thing u bought? The Wharf? Martin Place? VIDA?

bargain hunter
09-11-09, 13:40
you bought 1 of the 4 four bedders at TWR right? hehehe. Ok lah, I agree with you, the view will be great. Still don't like the land area/landscape though.

mondrian confirmed for you no DPS for MPR.




I would go for TWR 4-bedder due to the 270-degree and the 45-degree west sun. (Actually, 270-degree-view homes will have some west sun and 360-degree-view homes will definitely have west sun.)

Anyhow, it seems like this 4-bedder discussion will need to change to another thread cos' I think only 1 or maybe at most 2 TWR 4-bedders left and MPR is also left with only 1 or .........


I thought I read somewhere MPR only has NPS but I can't find it now. I think most buyers will just choose NPS.

bargain hunter
09-11-09, 13:52
yes, its not overpriced vs other new launches with 4 bedders. Actually, the wet/dry kitchen is also a matter of personal preference right? My wife actually doesn't feel a dry kitchen is necessary and takes up space in the living/dining area. Many developers just feel that having a dry kitchen is more posh and adds it in.



Reporter, thanks for replying the question on the 4-bedder size posted on P@HH. Yes, it is abt that size. Cannot recall the exact size. No DPS is available.

Actually for a 31st floor unit at MPR, it is not over-priced (IMHO) given its layout. And 80% of the land area at MPR is used for land-scaping and ground facilities, which is another plus point. My only gripe was that for a unit that size, there is no wet/dry kitchen demarcation. BUT their penthouses are nice. Single-storey, full livable space and no roof-top terrace nonsense. But too bad I don't have so much $$$. In fact I even have to liquidate all my properties simply to afford the $3.3M.. let alone the penthouses. =p

Hey, what is the big thing u bought? The Wharf? Martin Place? VIDA?

new2mondrian
09-11-09, 15:29
yes, its not overpriced vs other new launches with 4 bedders. Actually, the wet/dry kitchen is also a matter of personal preference right? My wife actually doesn't feel a dry kitchen is necessary and takes up space in the living/dining area. Many developers just feel that having a dry kitchen is more posh and adds it in.

Yup, the wet/dry kitchen is really a personal preference. For people who like to cook/bake, having a dry kitchen is good. But this is a dwindling number actually.

focus
09-11-09, 15:58
wa.. showroom closing soon? .. better go down and grab a brochure.. :)

new2mondrian
09-11-09, 16:13
wa.. showroom closing soon? .. better go down and grab a brochure.. :)

last weekend was the final weekend. was told by agent that showroom will be closed after sunday... all enquiries to be directed to FCL. can try ur luck though.

Reporter
15-12-09, 17:18
Private Residential Units Sold in the Month of November 2009

Project Name .............. Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
Martin Place Residences . CCR ......... 298 ......................... 1 ................................ 1,770 ............. 1,770 ........... 1,770
4 units are still available.

Reporter
29-01-10, 18:17
Hey!
Next time, pass this kindda only-need-to-hold-6-months lobang to me please!
What a lucky guy from Martin Place Residences!


Martin Place Residences
Address ..................... psf .............. Area ........... Price ............ Contract Date
2 Martin Place #29-06 .... $1,800 psf .... 1,044 sqft .... $1,879,000 ...... 2 Dec 09
2 Martin Place #29-06 .... $1,582 psf .... 1,044 sqft .... $1,652,000 .... 25 May 09

Reporter
29-01-10, 18:20
http://www.theedgesingapore.com/images/logo.png
Aspen Heights condo resale price hits $1,450 psf
The Edge
Monday, 25 January 2010

http://farm4.static.flickr.com/3231/2825228952_5c677d5762.jpg
Aspen Heights

Aspen Heights may be 11 years old, but the massive 606-unit condominium located along River Valley Road has been enjoying a resurgence of interest from homebuyers, riding on strong sales of new developments nearby. After only 15 transactions hovering at the $1,000 psf level in the first half of 2009, more than 30 units have changed hands in 2H2009, with prices surging past $1,400 psf. For the period Dec 23 to 31, there were three caveats for units sold at $1,250 to $1,450 psf, according to URA Realis.

After the onset of the financial crisis in late 2008, prices at Aspen Heights sank below $1,000 psf for about half a year, before rebounding strongly in June 2009 with the rest of the market. The main reason for the upturn could be the strong sales of nearby developments, including The Wharf Residence and Martin Place Residences, which were among the top sellers last year.

The 2 upper-mid-tier projects were relaunched in mid-May last year at prices that were 20% lower than in early 2008. For instance, in mid-May last year, CapitaLand had priced the remaining units at the 173-unit The Wharf Residence on Tong Watt Road off River Valley Road at $1,200 to $1,500 psf, compared with $1,500 to $1,900 psf for the first phase released at previews in mid-2008. Meanwhile, Frasers Centrepoint Ltd also relaunched Martin Place Residences at Martin Place off Kim Yam Road at $1,260 to $1,700 psf, compared with its soft launch in early 2008, when 28 units were sold between $1,700 and $2,000 psf.

Since last May, however, prices of both projects have enjoyed an uplift. Last October, a high of $1,496 psf was achieved in a new sale by the developer when a 2,206 sq ft unit at The Wharf Residence was sold for $3.3 million. The condo is expected to be completed in 2013.

Likewise, at the 302-unit Martin Place Residence, sales have picked up since May. Last month, a 1,044 sqft unit was sold for $1.88 million, or $1,800 psf, in a sub-sale according to a Dec 2 caveat. This is a 13.7% gain for the original owner, who purchased the unit from Frasers Centrepoint Homes and sold it in just 6 months.

The buoyant demand for homes in the River Valley Road area could also have been sparked by the new shopping centres that opened along Orchard Road last year: ION Orchard, Orchard Central, 313@Somerset and Triple One Somerset (at the former Singapore Power Building site). Easy access to a range of good schools like River Valley Primary School and Singapore Management University as well as cafés and restaurants in the Robertson Quay area continue to reel in families with school-going children as well as investors.

New developments under construction have also drawn buyer interest to existing developments in the River Valley and Mohamed Sultan neighbourhood. The largest project in the area is easily Aspen Heights, developed by the former DBS Land (now part of CapitaLand). Units range from 882 sqft 2-bedroom apartments to 1,604 sqft for 4-bedrooms, while penthouses measure 2,691 to 3,143 sqft.

With prices recovering to 2007 levels, it’s also a good time for owners looking to sell their properties. According to a Dec 30 caveat, a 1,324 sqft unit on the fifth floor of block 263 (one of two blocks) changed hands for $1.67 million, or $1,260 psf, translating into a 23% gain for the seller, who purchased the unit in early 2007.

On the 10th floor of the neighbouring block 261, a 2,691 sqft penthouse fetched $3.9 million, or $1,450 psf. That’s a 19% gain for the seller, who purchased the unit for $3.28 million 3 years ago, according to a March 2007 caveat.

With renewed investor interest in projects in Orchard Road and investors targeting both older projects and new launches, it won’t be surprising to see resale prices at Aspen Heights returning to or even surpassing mid-2007 levels.

Paul-tc
03-02-10, 20:39
Hey!
Next time, pass this kindda only-need-to-hold-6-months lobang to me please!
What a lucky guy from Martin Place Residences!


Martin Place Residences
Address ..................... psf .............. Area ........... Price ............ Contract Date
2 Martin Place #29-06 .... $1,800 psf .... 1,044 sqft .... $1,879,000 ...... 2 Dec 09
2 Martin Place #29-06 .... $1,582 psf .... 1,044 sqft .... $1,652,000 .... 25 May 09 at that time...I think a lot of people will think this project still too expensive S$ 1,582 psqft, will you dare to buy at that time....I salute those people who are there..

Reporter
03-02-10, 21:47
at that time...I think a lot of people will think this project still too expensive S$ 1,582 psqft, will you dare to buy at that time....I salute those people who are there..
I think "Property_Owner" has just replied with a "thank you" for your salute.

dcp130
26-02-10, 14:31
I think "Property_Owner" has just replied with a "thank
you" for your salute.

I bought a unit at 05,1163 sq ft last May for investment. I wonder if it is time to let go as the upward potential will be subdued from now on with the govt geared to put on more?? cooling measures. :)

Condorich
26-02-10, 15:10
As with all investments, good time to leave when your profit target is reached.

Try and see if they are buyers.... then you will know the market rate for your property, the demand and perhaps the lack of demand... LOL...

There's really no harm to hold on to the property if you have holding power... sometimes it takes luck and patience to ride out the cycle.

Assuming all things constant, the only way to go is for the prices to go up due to inflation alone... other factors could push it down but it is going to be very bad factors that affects everyone, like global recession etc.

DKSG
26-02-10, 19:56
The recent government measures has totally no impact at all ...
If you guys have been down at the showflats recently, you will realise that.

In fact, the recent measures sent this message to the public :

"Property prices are going to move up big time! So we are putting in measures to ensure that it only goes up 20%, not 50%!"

So based on the above message people get ... crowds gathered at Altez, which sold so many units that they are now releasing floor by floor so that they up the prices more easily, Estatury (did I get the name right?), aunites and uncles panting and rushing down with cheques in hand ... there are no less than 300 of them, mind you!

The Laurels, people pressuring agents to take their cheques ... sources close to the action says there is more than 45% queue for 1 BR units ...

There are at least 5 more such examples, a bit tired typing similar content.

All the Best!
Huat Ah !

DKSG

proud owner
26-02-10, 21:17
The recent government measures has totally no impact at all ...
If you guys have been down at the showflats recently, you will realise that.

In fact, the recent measures sent this message to the public :

"Property prices are going to move up big time! So we are putting in measures to ensure that it only goes up 20%, not 50%!"

So based on the above message people get ... crowds gathered at Altez, which sold so many units that they are now releasing floor by floor so that they up the prices more easily, Estatury (did I get the name right?), aunites and uncles panting and rushing down with cheques in hand ... there are no less than 300 of them, mind you!

The Laurels, people pressuring agents to take their cheques ... sources close to the action says there is more than 45% queue for 1 BR units ...

There are at least 5 more such examples, a bit tired typing similar content.

All the Best!
Huat Ah !

DKSG

yes the stamp duty thingy only pushed prices even higher to cover the cost ...

but still i feel , sales are good at new launches ONLY

i still see alot of adverts for resale/subsale .. .

still same scenario ... all want to buy new launches ..but not resale ...

why is that ?

same reason .. valuation for launched/old projects are not supported
so potential buyers have problem securing a fair loan ...

while new launches have developers' support, and the banks' ...
when u buy new launches, and take a loan from the bank working with the developer, you are paying more ..so banks are more willing to lend ..

while old projects .. banks not so keen to 'value' it to market ..

so if any measures are to be effective ..it should target the VALUATION and the Banks..who loan to new launches at say 2000 psf and only value 1800 psf for a neighbouring old projects ..

dcp130
26-02-10, 21:33
As with all investments, good time to leave when your profit target is reached.

Try and see if they are buyers.... then you will know the market rate for your property, the demand and perhaps the lack of demand... LOL...

There's really no harm to hold on to the property if you have holding power... sometimes it takes luck and patience to ride out the cycle.

Assuming all things constant, the only way to go is for the prices to go up due to inflation alone... other factors could push it down but it is going to be very bad factors that affects everyone, like global recession etc.

Thanks guys. I have been busy and I think a bit out of touch with the going-ons in the prop markets. Sound still quite hot though. :D Will wait and see how ...

teddybear
26-02-10, 21:49
In general, I believe this is a mis-conception that banks value new properties higher than re-sale properties. They don't purposely do that, but just that new properties with zero sale have nothing to benchmark against. While they can use surrounding properties as a guide, this is also not a good gauge (e.g. Ardmore Park already >10 years old still can sell at $3000+ psf while others nearby even if new sell at lower price). The main reason why developers find it easier to sell new properties than current owners trying to sell re-sale is that:
1) people prefer new
2) people prefer to let developers make large profit by buying from them at much higher price than buy from existing owners at lower price if existing owners also make profit but much smaller (strange isn't it? Let developers earn a lot is Ok but not existing owners).
3) Banks peg valuation to other units already sold and hence if previously transacted units is of lower price, then valuation also lower. So developers just have to sell a few best units first to set the price for valuation and hooray they get better valuations!
4) Developers can set price trend upwards (short-term, until they sold all their units) while individual owners cannot.


yes the stamp duty thingy only pushed prices even higher to cover the cost ...

but still i feel , sales are good at new launches ONLY

i still see alot of adverts for resale/subsale .. .

still same scenario ... all want to buy new launches ..but not resale ...

why is that ?

same reason .. valuation for launched/old projects are not supported
so potential buyers have problem securing a fair loan ...

while new launches have developers' support, and the banks' ...
when u buy new launches, and take a loan from the bank working with the developer, you are paying more ..so banks are more willing to lend ..

while old projects .. banks not so keen to 'value' it to market ..

so if any measures are to be effective ..it should target the VALUATION and the Banks..who loan to new launches at say 2000 psf and only value 1800 psf for a neighbouring old projects ..

Reporter
15-04-10, 19:29
Martin Place Residences has a nëw hďgh of $2,ÖÖÖ psf finally!


Private Residential Units Sold in the Month of March 2010
Project Name ............. Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
Martin Place Residences . CCR ....... 299 ....................... 1 ............................ 2,000 ........... 2,000 ........... 2,000

sleek
03-05-10, 23:53
http://www.fraserscentrepointhomes.com/Library/images/constructionprogress/FCH_construction_martinplace_06.jpg
Progress On Site For Martin Place Residences As At March 2010
S/N Items Progress Status
1 Foundation Work Completed
2 Reinforced Concrete Framework In Progress
3 Brick Walls In Progress
4 Ceilings In Progress
5 Door and Window Frames In Progress
6 Car Parks, Roads and Drains In Progress
7 TOP issued Nil

Reporter
17-05-10, 21:19
Martin Place Residences in District 9 has a nëw hďgh of $2,049 psf!


Private Residential Units Sold in the Month of April 2010
Project Name ............. Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
Martin Place Residences . CCR ....... 300 ....................... 1 ........................... 2,049 ............ 2,049 .......... 2,049

new2mondrian
30-05-10, 02:40
Drove by Kim Yam today. MPR looks almost ready to TOP soon. They are currently doing the landscaping and the external facilities.

But the straw roofing for its clubhouse is really strange. Really cheapens the look of that place. And anyone knows when SC Global is launching the Martin property? The land has been left vacant for a long while.

bargain hunter
30-05-10, 08:34
SC Global's Martin No. 38? Launched long ago and already sold many units. Its already started construction (beside Inspira/AIG building along Martin Road). You may have gotten the wrong plot if you were looking at vacant land.


Drove by Kim Yam today. MPR looks almost ready to TOP soon. They are currently doing the landscaping and the external facilities.

But the straw roofing for its clubhouse is really strange. Really cheapens the look of that place. And anyone knows when SC Global is launching the Martin property? The land has been left vacant for a long while.

eaurouge_spa
30-05-10, 09:07
Apparently, the straw-roofed building is a temporary structure for another project. It lies on the site of the tennis court. The clubhouse is the concrete structure just behind it.


Drove by Kim Yam today. MPR looks almost ready to TOP soon. They are currently doing the landscaping and the external facilities.

But the straw roofing for its clubhouse is really strange. Really cheapens the look of that place. And anyone knows when SC Global is launching the Martin property? The land has been left vacant for a long while.

bargain hunter
30-05-10, 10:30
that's interesting. but it can't be a showflat for another project right? i don't think frasers has any more landbank nearby. maybe they just wanted an eye catching project office for this project. :)


Apparently, the straw-roofed building is a temporary structure for another project. It lies on the site of the tennis court. The clubhouse is the concrete structure just behind it.

eaurouge_spa
30-05-10, 10:46
i don't think it's for a local project. speaking to one of the contractors on the site, i got the impression it's for an overseas project on an Indian ocean island. but it may not be very accurate cos of language barrier. :)


that's interesting. but it can't be a showflat for another project right? i don't think frasers has any more landbank nearby. maybe they just wanted an eye catching project office for this project. :)

eaurouge_spa
30-05-10, 10:59
http://www.keonghong.com/Projects/Falhumaafushi.aspx

i guess it's for this project by the contractor as listed on its website, and not FCL.

Proposed Resort Development at Falhumaafushi Island at Gaafu Alifu Atoll, Republic of Maldives



i don't think it's for a local project. speaking to one of the contractors on the site, i got the impression it's for an overseas project on an Indian ocean island. but it may not be very accurate cos of language barrier. :)

bargain hunter
30-05-10, 11:23
that's good info. very kind of FCL to allow them to build their showflat there. :)



http://www.keonghong.com/Projects/Falhumaafushi.aspx

i guess it's for this project by the contractor as listed on its website, and not FCL.

Proposed Resort Development at Falhumaafushi Island at Gaafu Alifu Atoll, Republic of Maldives

new2mondrian
31-05-10, 01:59
SC Global's Martin No. 38? Launched long ago and already sold many units. Its already started construction (beside Inspira/AIG building along Martin Road). You may have gotten the wrong plot if you were looking at vacant land.

Thanks for the clarification. Think I must have seen the wrong plot. :)


vbmenu_register("postmenu_96251", true); i don't think it's for a local project. speaking to one of the contractors on the site, i got the impression it's for an overseas project on an Indian ocean island. but it may not be very accurate cos of language barrier. http://172.31.254.244/forums.condosingapore.com/images/smilies/smile.gif

Good thing you asked! My eyes almost popped when I saw the thatched roofing. Can really be an eyesore if they become a permanent fixture of MPR.

sleek
16-08-10, 18:02
Site update from Keong Hong on 6 Aug 2010 (http://www.keonghong.com/Projects/MartinPlaceResidences.aspx).

http://www.keonghong.com/Projects/ProgressPhotos/Martin/Martin_Progress100806_web.jpg

sleek
13-09-10, 09:31
http://www.fraserscentrepointhomes.com/Library/images/constructionprogress/FCH_construction_martinplace_08.jpg (http://www.fraserscentrepointhomes.com/contentview.aspx?article_id=12)

Progress On Site For Martin Place Residences As Of End August 2010
S/N Items Progress Status
1 Foundation Work Completed
2 Reinforced Concrete Framework Completed
3 Brick Walls In Progress
4 Ceilings In Progress
5 Door and Window Frames In Progress
6 Car Parks, Roads and Drains In Progress
7 TOP issued Nil

sleek
11-11-10, 14:20
http://www.fraserscentrepointhomes.com/Library/images/constructionprogress/FCH_construction_martinplace_09.jpg

Progress On Site For Martin Place Residences As Of End October 2010 (http://www.fraserscentrepointhomes.com/contentview.aspx?article_id=12)
S/N Items Progress Status
1 Foundation Work Completed
2 Reinforced Concrete Framework Completed
3 Brick Walls Completed
4 Ceilings In Progress
5 Door and Window Frames In Progress
6 Car Parks, Roads and Drains In Progress
7 TOP issued Nil

sleek
13-12-10, 20:03
http://www.keonghong.com/Projects/ProgressPhotos/Martin/Martin_progress20101127.jpg (http://www.keonghong.com/Projects/MartinPlaceResidences.aspx)

http://www.keonghong.com/Projects/ProgressPhotos/Martin/Martin_progress20101127-TreePlanting.jpg (http://www.keonghong.com/Projects/MartinPlaceResidences.aspx)

sleek
30-03-11, 14:26
http://www.fraserscentrepointhomes.com/Library/images/constructionprogress/FCH_construction_martinplace_10.jpg

S/N Items Progress Status
1 Foundation Work Completed
2 Reinforced Concrete Framework Completed
3 Brick Walls Completed
4 Ceilings In Progress
5 Door and Window Frames In Progress
6 Car Parks, Roads and Drains In Progress
7 TOP issued Nil

jezz
17-04-11, 22:09
one of my top listed fav projects in d9. full condo facilities and certainly a very good location :)

S/N Items Progress Status
1 Foundation Work Completed
2 Reinforced Concrete Framework Completed
3 Brick Walls Completed
4 Ceilings In Progress
5 Door and Window Frames In Progress
6 Car Parks, Roads and Drains In Progress
7 TOP issued Nil

one of my top list fav projects so far this year in d9 and d10. fulll condo facilities and fantastic location between somerset and robertson quay! beauty!

blackjack21trader
22-04-11, 08:09
one of my top list fav projects so far this year in d9 and d10. fulll condo facilities and fantastic location between somerset and robertson quay! beauty!

confirmed rocket launching for this project very very soon.

When first enbloced, many competing developers thought this is crazy for the ppsf they paid. Now they should be so jealous.

The owners here are so lucky to have squatted (parked their bums ) here.

According to fengshui, this location shall be alive with the emerging vein right behind this project! Bringing traffic and life to this location. Very very soon, you will see what I mean. Watch the backside of this project and dun ask me what it means. Or, do you think fengshui is rubbish?

Disclaimers:I do not own any unit in this project.

blackjack21trader
22-04-11, 08:14
Many people, including agents, have no idea who bought the units in Martin 38 right behind this development. After Martin 38 is completed, you shall see many supercars ( the real supercars hor, yes the ones with the $20K road tax ) here everyday.

Don't say I never tell you first hor...

:doh:

blackjack21trader
22-04-11, 08:15
What they ever teach you in real estate investing: Always park your properties near the children of the super rich.

:eek:

blackjack21trader
22-04-11, 08:22
Yes, you can :doh:

blackjack21trader
22-04-11, 08:36
There are many wisdom found in the Ancient Chinese Fengshui. It is like a checklist for the property buyers looking to buy properties. Although the original authors tried to put some mythical ideas in the philosophy so as to relate to the ancient commoners. This Art was used by landlords and emperors since time eternal in China. If there were no truths in it, the authors heads would have rolled on the ground.

For example, if you do not know fengshui, you would not have discerned an emerging vein behind this project on the map. Neither would you have predicted the type of buyers of Martin 38.

If you followed the Fengshui concept and checklist, most of the time, you would not go wrong in investing. So, do pick up a copy of a fengshui book at the library if you really want to be a good real estate investor.

devilplate
22-04-11, 08:56
No FS for me:p

devilplate
22-04-11, 08:58
What they ever teach you in real estate investing: Always park your properties near the children of the super rich.

:eek:
Orchard better:p

blackjack21trader
22-04-11, 09:26
Orchard better:p

Of cos Orchard is better la...it always will be :)

Condo Kaiser
26-04-11, 11:57
Riviera Point up for en-bloc. If some developer get desperate for D9 land and smash some records with their bids, will benefit all the developments in the area.

Maybe blackjack21trader has some insider info?

Hehehe.....

hopeful
26-04-11, 12:14
http://www.fraserscentrepointhomes.com/Library/images/constructionprogress/FCH_construction_martinplace_10.jpg



That is taken from which floor of Urbana?
top floor of MPR cannot clear Urbana?

hopeful
26-04-11, 12:16
......
For example, if you do not know fengshui, you would not have discerned an emerging vein behind this project on the map. Neither would you have predicted the type of buyers of Martin 38.

......

Martin 38 face sea (ie river) and back towards mountain (the hill which MPR is on) ? Is that what you mean by good FS?

jezz
29-04-11, 19:02
Martin 38 face sea (ie river) and back towards mountain (the hill which MPR is on) ? Is that what you mean by good FS?

Anyone own or seen luma? Drove past almost completed. Tall and sleek tower pretty significant among rest of rivet valley grove proj.

Any pics to show will be great.

sleek
26-06-11, 23:55
http://www.fraserscentrepointhomes.com/Library/images/constructionprogress/FCH_construction_martinplace_11.jpg

Progress On Site For Martin Place Residences As At End May 2011 (http://www.fraserscentrepointhomes.com/contentview.aspx?article_id=12)
S/N Items Progress Status
1 Foundation Work Completed
2 Reinforced Concrete Framework Completed
3 Brick Walls Completed
4 Ceilings Completed
5 Door and Window Frames Completed
6 Car Parks, Roads and Drains Completed
7 TOP issued In Progress

jezz
27-06-11, 09:38
Beautiful. My choice of condo in heart of city.



http://www.fraserscentrepointhomes.com/Library/images/constructionprogress/FCH_construction_martinplace_11.jpg

Progress On Site For Martin Place Residences As At End May 2011 (http://www.fraserscentrepointhomes.com/contentview.aspx?article_id=12)
S/N Items Progress Status
1 Foundation Work Completed
2 Reinforced Concrete Framework Completed
3 Brick Walls Completed
4 Ceilings Completed
5 Door and Window Frames Completed
6 Car Parks, Roads and Drains Completed
7 TOP issued In Progress

hopeful
27-06-11, 09:44
Beautiful. My choice of condo in heart of city.

you want to get my unit? 4BR, 20+ storey at cheap price of 2000psf only ;). below valuation somemore.

devilplate
27-06-11, 09:56
you want to get my unit? 4BR, 20+ storey at cheap price of 2000psf only ;). below valuation somemore.

got one transaction 2xth flr 1722sqft at 20xxpsf wor....make about 500psf...not bad

2kpsf indeed below valuation

Condo Kaiser
07-07-11, 15:49
any update on this development? Look like going to top soon...

subsale price still stable, don't know how well it will rent...

devilplate
07-07-11, 16:30
any update on this development? Look like going to top soon...

subsale price still stable, don't know how well it will rent...
Big units will b super tough to rent out at 4% yield..most likely 3% yield only

Condo Kaiser
07-07-11, 18:03
I'm only interested in the studio for max yield. But feel got quite a bit of competition from surrounding projects.

At current 2000 ~ 2100 psf for the studio still got value?

jezz
07-07-11, 18:54
I'm only interested in the studio for max yield. But feel got quite a bit of competition from surrounding projects.

At current 2000 ~ 2100 psf for the studio still got value?
Agreed. Big unit rental yield smaller. Not easy to rent out. Smaller units better rental yield. Luma is latest new top dev and alot of 2bedders still unrented out. Zenith top last month however rental yield better as closer to gwc.

Condo Kaiser
07-07-11, 23:56
Zenith that location is near gwc but whole place so run down...Yield is good but not much appreciation potential leh.... shaghai road area will always be the poor cousin of the real river valley...

anyway... can i check if anyone know how many Full Facility condo in Robertson Quay has studio units?

devilplate
08-07-11, 00:11
Zenith that location is near gwc but whole place so run down...Yield is good but not much appreciation potential leh.... shaghai road area will always be the poor cousin of the real river valley...

anyway... can i check if anyone know how many Full Facility condo in Robertson Quay has studio units?
Cant tink of any....

Studio units abt 1.2xmil...rental 3.5-4k....yield quite decent for freehold

Their launch px for studio abt 1700psf in july09(ard 1mil for mid flr).....was considered vy ex at tat time and i decide to take a miss....seems like i made a right decision to invest elsewhr:D :D :D

Condo Kaiser
08-07-11, 00:18
ya lor...that's y i think martin place is a gem.... haha.. the closest rival for rental would be The Pier which is a tad too old and not full facility... The Inspira which is sub standard location and not full facility... Waterford Residence is not FH and not full facility as well.....

hmmm....:D :D

devilplate
08-07-11, 00:25
ya lor...that's y i think martin place is a gem.... haha.. the closest rival for rental would be The Pier which is a tad too old and not full facility... The Inspira which is sub standard location and not full facility... Waterford Residence is not FH and not full facility as well.....

hmmm....:D :D
Can consider...gd facing for studio and layout quite efficient too...facing rivergate? first owner dun make much anyway

Waterford n inspira totally cannot compare at all:)

Condo Kaiser
08-07-11, 00:36
face rivergate ones will make the most sense i guess... pool facing units are slightly bigger but will not command much higher rent..

i think the mid floor units were all bought 950k-1m range... 200k gain over this 2 years really nothing much to shout abt...

i'm aiming at the capital gain potential based on kim yam and tong watt road.. Once all the projects along that stretch complete (wharf... vivace...) and starlight suites also coming up... plus if some kind soul come and enbloc pacific mansion.... the whole back area of martin place will be a lot more upmarket... now in front martin place already upamrket with rivergate and martin 38....

devilplate
08-07-11, 00:41
face rivergate ones will make the most sense i guess... pool facing units are slightly bigger but will not command much higher rent..

i think the mid floor units were all bought 950k-1m range... 200k gain over this 2 years really nothing much to shout abt...

i'm aiming at the capital gain potential based on kim yam and tong watt road.. Once all the projects along that stretch complete (wharf... vivace...) and starlight suites also coming up... plus if some kind soul come and enbloc pacific mansion.... the whole back area of martin place will be a lot more upmarket... now in front martin place already upamrket with rivergate and martin 38....
How about wharf residence.....2bdr ard 1500psf can consider....

Wah asking sky high px...2bdr from 16xxpsf:tsk-tsk:

Tink mpr still better

Condo Kaiser
08-07-11, 00:57
wharf must see facing... some units full west sun if i'm not wrong... then some is directly looking at robertson edge... haha...

that stretch all is 999 years right? psf is lower in general la....

But they are building damn slow... still long time more to top for both vivace and wharf right?

Starlight suites is the crazy one... asking 2200 - 2300 psf for something that just got its foundation done...

fiat500
08-07-11, 01:12
Cant tink of any....

Studio units abt 1.2xmil...rental 3.5-4k....yield quite decent for freehold

Their launch px for studio abt 1700psf in july09(ard 1mil for mid flr).....was considered vy ex at tat time and i decide to take a miss....seems like i made a right decision to invest elsewhr:D :D :D
u should have bought it instead..all the units there have very good orientation,its all NS facing,so no am or pm sun.:cheers6:

kingkong1984
08-07-11, 04:16
So many units for sale... Beware....

newbie11
08-07-11, 06:44
wharf is using homo tiles? recall its of lower quality hence launch px of 12xx

Condo Kaiser
08-07-11, 07:26
So many units for sale... Beware....

Bro kingkong.... I have been aiming this project.. think the studio not many for sale... all is just multiple agent selling the same units...

So far no luck of getting a good price yet.. all the owners thinking of waiting for key and see finishing...

kingkong1984
08-07-11, 09:09
Bro kingkong.... I have been aiming this project.. think the studio not many for sale... all is just multiple agent selling the same units...

So far no luck of getting a good price yet.. all the owners thinking of waiting for key and see finishing...

How about this one?

http://www.propertyguru.com.sg/listing/2541246/for-sale-martin-place-residences

No wonder so many listings. All duplicated.

devilplate
08-07-11, 09:36
u should have bought it instead..all the units there have very good orientation,its all NS facing,so no am or pm sun.:cheers6:
Its much more rewarding elsewhr:D

devilplate
08-07-11, 09:38
Bro kingkong.... I have been aiming this project.. think the studio not many for sale... all is just multiple agent selling the same units...

So far no luck of getting a good price yet.. all the owners thinking of waiting for key and see finishing...
I tink low flr from 1.18mil now?

jezz
08-07-11, 09:53
ya lor...that's y i think martin place is a gem.... haha.. the closest rival for rental would be The Pier which is a tad too old and not full facility... The Inspira which is sub standard location and not full facility... Waterford Residence is not FH and not full facility as well.....

hmmm....:D :D

A japanese already offered 5.2k for 2 bedder 753sqft and on low floor in zenith. opposite mill point 2 bedder around 4.8k. a 1 bedder with a study room is around 4k in zenith.

if you are asking for full condo facility, my best bet will be still martin place residence. in fact i luv the entire condo but at that time 2 years back a 1 bedder was already asking for 950k-1million.

martin place is a district 9 project certainly command higher value and comes in full condo facilities compared with boutique dev such as the mercury, RV edge (shanghai road) and etc.

devilplate
08-07-11, 09:57
A japanese already offered 5.2k for 2 bedder 753sqft and on low floor in zenith. opposite mill point 2 bedder around 4.8k. a 1 bedder with a study room is around 4k in zenith.

if you are asking for full condo facility, my best bet will be still martin place residence. in fact i luv the entire condo but at that time 2 years back a 1 bedder was already asking for 950k-1million.

martin place is a district 9 project certainly command higher value and comes in full condo facilities compared with boutique dev such as the mercury, RV edge (shanghai road) and etc.
Wow zenith rental so hot ar!

I wud nvr expect their super blocked 1bdr to hit 4k!

1bdr at vida aso ard 4k only and got better views......

Condo Kaiser
08-07-11, 10:20
I tink low flr from 1.18mil now?

ya... around there...

devilplate
08-07-11, 10:22
ya... around there...
Rental is getting vy competitive for 1bdr too....and somehow ccr 1bdr r capped at 4k....

Condo Kaiser
08-07-11, 10:54
so far The pier is one condo that consistently crossing 4k mark...

one shenton high floor units can cross also...

who knows maybe martin place can cross too...

but 4k is a barrier that many 1br find hard to breach...

CCR
08-07-11, 11:04
But beside the big temple....

Condo Kaiser
08-07-11, 11:22
if we are talking abt 1br...

those 592sqft ones look into the big field cannot see the temple. plus they have closed off the road opening into kim yam from martin place, so cars cannot turn in from there.

if they plant a few tall trees at the end of martin place where the road meets kim yam, temple will be completely out of sight.

but if you get the pool facing units... then look at temple 24/7 lor... haha...

tht't y big no-no for those pool facing 1br... somemore they are slightly bigger, not say can rent out for more.

eaurouge_spa
08-07-11, 11:30
The road closure is temporary. Once the barriers are removed there is direct communication between Martin Place and Kim Yam. But I don't think that's gonna be a problem.

Condo Kaiser
08-07-11, 11:37
really? one of the agent told me martin place is going to be a dead end road.

because every saturday / sunday got big busses taking old people to go eat free vegetarian food at the temple... so to maintain the order of MPR. they have decided to close the road.

Martin place is a new road which is bought along with the developement. so practically it is owned by the condo. (not sure on this, please correct me if i'm wrong)

eaurouge_spa
08-07-11, 11:43
Unless the plans have changed, Martin place was a road bought and made by the developer to link Martin road and Kim yam road. The road has been completed but the barrier at its junction with kim yam road is movable and temporary.

Condo Kaiser
08-07-11, 11:52
hmm... like that minus points already... linking to kim yam road adds no value at all... make the place more noisy only...

but this road is owned by govt? or condo?

proud owner
08-07-11, 11:59
Rental is getting vy competitive for 1bdr too....and somehow ccr 1bdr r capped at 4k....


do you think so ?


this is how i see it ...

i am a blur fxxx foreigner..looking to rent 1-2 bedroom ..

my company assigns agent ABC to me..

she shows me all the NEW 1-2 bedrooms in RV area.. cos my office is at Raffles place, so by taxi, by bicycle etc is very near..

all the new 1-2 bedders asking 4k , so says ABC .. what to do ?
thats all there are ..and i have to move in soon ..

so no choice take that one nearest to the hawker centre ...



dont you all think the agents have a part to play in 'pushing' up the rental?
afterall , the higher the rent, the more comms she get, the more the landlord will recommend her ..

looking around RV .. there are 2-3 bedders , old ones going for the same rental of 4k ..

i still dont believe rental has gone up .. but the uninformed rentors being fooled by agents ..

kingkong1984
08-07-11, 12:08
clift $4k better.

Condo Kaiser
08-07-11, 12:49
I think Angmoh won't give a hoot about hawker centre. Zenith is popular due to GWC... don't think they stay there because of the char kwey tiao... haha...

That's y The pier is popular too... angmoh see all the bars below straight away sold... haha..

hopeful
08-07-11, 13:47
hmm... like that minus points already... linking to kim yam road adds no value at all... make the place more noisy only...

but this road is owned by govt? or condo?

according to agent talk, the road build by developer, and then hand over to LTA for maintenance. so there will be no additional maintainance fee for the road.

fiat500
08-07-11, 13:57
Its much more rewarding elsewhr:D
:rolleyes: the price of mpr will pick up once its T.O.P
mpr is surrounded by all the quite high end condos there n furthermore its located on higher ground NS facing with lots of greenery. prices will surely move up.
i wished i had bought a 1bedder during launch when i was there on the 1st day. prices were around 1600psf after discount the 1st few days:cheers6: :cheers6:

bargain hunter
08-07-11, 14:00
it is unlikely that the road called "Martin Place" would be owned by the development although they have got the naming rights (and "invested $3m to construct it"). there is potential for other future developments south of the project who will need to use this road.

gotta check with agent again whether its going to be dead end road. I don't think it helps to be a dead end road if what you said below is true. they can still stop the buses outside martin place main entrance and get the pple to cross the road to the temple. that's even worse. :scared-1:



really? one of the agent told me martin place is going to be a dead end road.

because every saturday / sunday got big busses taking old people to go eat free vegetarian food at the temple... so to maintain the order of MPR. they have decided to close the road.

Martin place is a new road which is bought along with the developement. so practically it is owned by the condo. (not sure on this, please correct me if i'm wrong)

Condo Kaiser
08-07-11, 14:02
i think what he meant was during the last 2 years it was more rewarding to invest in other locations.

but agree with you that mpr price is slightly undervalued...

the potential of martin road area will be fully unleashed soon...

hopeful
08-07-11, 14:40
:rolleyes: the price of mpr will pick up once its T.O.P
mpr is surrounded by all the quite high end condos there n furthermore its located on higher ground NS facing with lots of greenery. prices will surely move up.
i wished i had bought a 1bedder during launch when i was there on the 1st day. prices were around 1600psf after discount the 1st few days:cheers6: :cheers6:

me too, wish had picked up a 1 bedder.

Condo Kaiser
08-07-11, 15:06
me too, wish had picked up a 1 bedder.

not too late to do it now haha... i also thinking abt it.:hell-hath-no-fury:

Want to find out more abt the road ending....

big busses parked at my doorstep is bad...:scared-1:

eaurouge_spa
08-07-11, 15:15
Buy la. Single white line along the whole stretch of Martin place. Buses can't park there.

Condo Kaiser
08-07-11, 15:22
Buy la. Single white line along the whole stretch of Martin place. Buses can't park there.

no leh... singapore bus driver where got follow lines on the road one... haha...

don't believe go ask the people staying at claymore road...

Their road like bus depot....

bargain hunter
08-07-11, 19:09
Bro, you can fire your agent liao. complain to CEA. He anyhow gasak. :)

for everyone's benefit, i have personally checked it out and can CONFIRM that:

1) Martin Place meets Kim Yam Road as a T-JUNCTION (directly facing temple. LOL).
2) The STOP sign is up for cars exiting Martin Place.
3) The White stop line on the road is freshly painted.
4) The walkway pavements on both sides of the road are nicely done up.

Hence, there is NO WAY that it will be sealed off.



not too late to do it now haha... i also thinking abt it.:hell-hath-no-fury:

Want to find out more abt the road ending....

big busses parked at my doorstep is bad...:scared-1:

bargain hunter
08-07-11, 19:12
previously, kim yam road is a little too narrow for buses to stop there and wait (only drop off and pick up). now, with the martin place option, i really don't know what its going to be like. :scared-1: road is nice and wide!



no leh... singapore bus driver where got follow lines on the road one... haha...

don't believe go ask the people staying at claymore road...

Their road like bus depot....

Condo Kaiser
09-07-11, 20:19
ya... i took a drive there too... the turning arrows also drawn on the road already... confirmed not sealed.

like tht the road will be heavily used on weekends...:tsk-tsk:

quickpic
29-07-11, 23:07
the road is just opened. dun think buses can park there cos carpark lots are drawn already

danielchow
31-07-11, 19:14
Looking at a stack 6 unit in this development. What will u guys reckon to be a fair price to pay for a mid floor 2 bedded?

sleek
15-08-11, 14:14
http://www.fraserscentrepointhomes.com/Library/images/constructionprogress/FCH_construction_martinplace_12.jpg

Progress On Site For Martin Place Residences As At End July 2011 (http://www.fraserscentrepointhomes.com/contentview.aspx?article_id=12)
S/N Items Progress Status
1 Foundation Work Completed
2 Reinforced Concrete Framework Completed
3 Brick Walls Completed
4 Ceilings Completed
5 Door and Window Frames Completed
6 Car Parks, Roads and Drains Completed
7 TOP issued In Progress

Condo Kaiser
15-08-11, 17:20
http://www.fraserscentrepointhomes.com/Library/images/constructionprogress/FCH_construction_martinplace_12.jpg

Progress On Site For Martin Place Residences As At End July 2011 (http://www.fraserscentrepointhomes.com/contentview.aspx?article_id=12)
S/N Items Progress Status
1 Foundation Work Completed
2 Reinforced Concrete Framework Completed
3 Brick Walls Completed
4 Ceilings Completed
5 Door and Window Frames Completed
6 Car Parks, Roads and Drains Completed
7 TOP issued In Progress


Any owner collect key already? please share your pictures here...

eaurouge_spa
15-08-11, 17:32
It hasn't TOPed yet, but there are some agents have posted pics in propertyguru.

ahkongkid
15-08-11, 17:50
Drove past on Sat afternoon. Martin road was busy with cars parked by the road side (believe these are designated URA parking lots). And temple was busy as well with buses passing through. But there was a traffic warden directing traffic iirc

danielchow
24-08-11, 14:46
what is the fair value to get a unit there?

fiat500
24-08-11, 16:20
what is the fair value to get a unit there?
u can try around 1800+psf for a 1 bedder,prices might have soften abit already lately.
MPR gona T.O.P very soon, rochester also gona T.O.P, soleil just T.O.Ped,where to get so many tenants at this time? :cheers6:

Condo Kaiser
25-08-11, 13:43
if 1800 psf can get the 1br.. let me know... i confirm buy...

but i only wan stack 1 or 7....

fiat500
25-08-11, 14:54
if 1800 psf can get the 1br.. let me know... i confirm buy...

but i only wan stack 1 or 7....
do your own homework lah,check out the classifieds or propertyguru website..anyway there's no need to rush,i am sure there will be owners offloading their units soon in this uncertain market turmoil.:cheers6:

Condo Kaiser
25-08-11, 16:19
do your own homework lah,check out the classifieds or propertyguru website..anyway there's no need to rush,i am sure there will be owners offloading their units soon in this uncertain market turmoil.:cheers6:

Lol all i'm saying is that i don't believe anyone can buy the one bedder at that psf....

i have offered more and got rejected... just not long back....

Last one done for 592 sqft is 1993psf... i aim this place long time liao... but 1.2 mil is not really worth it at this point of time la...

fiat500
26-08-11, 07:59
Lol all i'm saying is that i don't believe anyone can buy the one bedder at that psf....

i have offered more and got rejected... just not long back....

Last one done for 592 sqft is 1993psf... i aim this place long time liao... but 1.2 mil is not really worth it at this point of time la...
soon u will believe when the impact kicks in!
during lehman brothers crisis,i was offered 850psf for a couple of high floor 2bedder units @ southbank..
price dropping 100 - 200 psf is chicken feet in bad times..:cheers6:

Jonathan0503
26-08-11, 08:54
soon u will believe when the impact kicks in!
during lehman brothers crisis,i was offered 850psf for a couple of high floor 2bedder units @ southbank..
price dropping 100 - 200 psf is chicken feet in bad times..:cheers6:

That will happen if there is increase in interest rate and job losses.

Will that be happening in the short term?

devilplate
26-08-11, 08:56
soon u will believe when the impact kicks in!
during lehman brothers crisis,i was offered 850psf for a couple of high floor 2bedder units @ southbank..
price dropping 100 - 200 psf is chicken feet in bad times..:cheers6:
850psf for southbank is below 20th flr leh....i wanted to buy the only 2bdr facing the sea and above 30th flr was asking 1100psf....still considered cheap now lah...haha

EBD
26-08-11, 09:20
That will happen if there is increase in interest rate and job losses.

Will that be happening in the short term?

Nope it will happen when people who have overleveraged themselves start to panic and say to themselves "to hell with the cheese, let me out of the trap"

Happened during AFC of 1997 , WFC of 2009. Both times I generously helped a few of these people out.

Condo Kaiser
26-08-11, 11:43
keenly awaiting for that too... but i believe not all properties are built equally...

some will crash and burn. some will just see no transactions...

quickpic
26-08-11, 12:52
Yup most of the owners bought cheap for MPR.

fiat500
26-08-11, 18:29
850psf for southbank is below 20th flr leh....i wanted to buy the only 2bdr facing the sea and above 30th flr was asking 1100psf....still considered cheap now lah...haha
fyi,the 850psf was a 958sq ft unit above #23 :cheers6: :cheers6:

danielchow
19-09-11, 22:20
keys collection for MPR owners! anyone else had collected theirs?

ecimbew
19-09-11, 22:35
One of the better designed condo on big FH land in district 9!

http://www.martinplaceresidences.sg/uploads/6/9/1/3/6913301/8474210_orig.jpg

http://martinplaceresidences.files.wordpress.com/2011/08/img_16401.jpg

http://mybestcondo.com/wp-content/uploads/2011/05/siteplan.jpg

dtrax
19-09-11, 22:49
U sure? Martin place disappointment.. the artist impression compared to actual product

devilplate
19-09-11, 22:52
U sure? Martin place disappointment.. the artist impression compared to actual product
Y? Tot pretty alright:confused:

dtrax
19-09-11, 23:07
I take out my MPR condo brochure look at artist impression, see the actual site, see my brochure again... :banghead: :banghead:

But abit sad, almost bot mid flr 2rm at 14XX psf last time but back out due to the template

dtrax
19-09-11, 23:15
http://www.propertyguru.com.sg/listing/5146129/for-rent-martin-place-residences

Compare the 6th and 7th image, spot the difference...

kane
19-09-11, 23:18
they probably could have use more reflective surface for the glass. something like MBR's or Waterplace.

dtrax
19-09-11, 23:30
Typical FCL design, I think their soliel much better

devilplate
20-09-11, 00:01
http://www.propertyguru.com.sg/listing/5146129/for-rent-martin-place-residences

Compare the 6th and 7th image, spot the difference...
But which project been built very closely to artist impression?

dtrax
20-09-11, 00:04
not many, but this one imo has gotta be one of the worse

Lovelle
20-09-11, 08:41
during launch, a small studio is already asking at 1.7mil.

This is cheap?

i rather buy a southbank at 1.2m

devilplate
20-09-11, 09:20
during launch, a small studio is already asking at 1.7mil.

This is cheap?

i rather buy a southbank at 1.2m

where got so high

a 1bdr at MPR during launch was selling ard 900k-1mil

now they r asking for about 1.2mil leh whereas southbank about 1mil

i wud rather buy MPR now den SB

Jonathan0503
20-09-11, 15:55
where got so high

a 1bdr at MPR during launch was selling ard 900k-1mil

now they r asking for about 1.2mil leh whereas southbank about 1mil

i wud rather buy MPR now den SB

Because it's FH?

devilplate
20-09-11, 16:34
Because it's FH?
Obviously more den tat:p

Lovelle
20-09-11, 23:18
where got so high

a 1bdr at MPR during launch was selling ard 900k-1mil

now they r asking for about 1.2mil leh whereas southbank about 1mil

i wud rather buy MPR now den SB

i double checked, close to 1000sqft unit, i inquired was selling at 1600k to 1700k. so it's abt 1.7mil, high floor abt 2mil

Condo Kaiser
20-09-11, 23:24
during launch, a small studio is already asking at 1.7mil.

This is cheap?

i rather buy a southbank at 1.2m


i double checked, close to 1000sqft unit, i inquired was selling at 1600k to 1700k. so it's abt 1.7mil, high floor abt 2mil

what talking you?? lol

1000 sqft is considered "small studio unit"?

MPR only for 592 for the stack 1 and stack 7.... plus the 600+ sqft for the pool facing stack for studio units...

cheapest i could find was 1.2X mil....

dtrax
20-09-11, 23:25
i double checked, close to 1000sqft unit, i inquired was selling at 1600k to 1700k. so it's abt 1.7mil, high floor abt 2mil

can tell u ur info not correct, i went for the first day of launch during recession.. low-mid flr 1.4+ mil for 1044 sq ft

bargain hunter
20-09-11, 23:39
prices were moving up pretty fast then.

if u were looking at the 1044 sq ft during VVIP preview 1st day 1st block, i have an old caveat record: #26-06 1514psf 8 Jun 09 (prob bot in apr very 1st VVIP).

by say the next week when they launched 2nd block, prices were significantly higher.

BUT even #29-06 bought at 1582psf in 25 may 09 caveat was flipped for 1800psf in a 2 dec 09 caveat. so its unlikely that any 2 bedder was sold above 1800psf during the launch.



i double checked, close to 1000sqft unit, i inquired was selling at 1600k to 1700k. so it's abt 1.7mil, high floor abt 2mil

danielchow
23-09-11, 23:39
http://i264.photobucket.com/albums/ii179/danielchow77/P1050456.jpg

http://i264.photobucket.com/albums/ii179/danielchow77/P1050458.jpg

http://i264.photobucket.com/albums/ii179/danielchow77/P1050464.jpg

http://i264.photobucket.com/albums/ii179/danielchow77/P1050466.jpg

http://i264.photobucket.com/albums/ii179/danielchow77/P1050467.jpg

http://i264.photobucket.com/albums/ii179/danielchow77/P1050468.jpg

http://i264.photobucket.com/albums/ii179/danielchow77/P1050474.jpg

http://i264.photobucket.com/albums/ii179/danielchow77/P1050484.jpg

http://i264.photobucket.com/albums/ii179/danielchow77/P1050484.jpg

http://i264.photobucket.com/albums/ii179/danielchow77/P1050504.jpg

http://i264.photobucket.com/albums/ii179/danielchow77/P1050516.jpg

http://i264.photobucket.com/albums/ii179/danielchow77/P1050520.jpg




some photos of the 2 bedder i took

ecimbew
23-09-11, 23:41
Not bad. But ordinary fixtures.

devilplate
23-09-11, 23:45
Not bad. But ordinary fixtures.
Wow ur standard damn high:scared-1:

To me vy goodie liao....only dun like the dull kitchen cabinet

devilplate
23-09-11, 23:45
Not bad. But ordinary fixtures.
Wow ur standard damn high:scared-1:

To me vy goodie liao....only dun like the dull kitchen cabinet

rattydrama
24-09-11, 00:08
quality not much dif from what I am getting recently in rcr except the location. :eek: was under my radar beg 2009 but size too small....again location location :banghead:

Condo Kaiser
24-09-11, 01:37
from the picture fixture doesn't look outstanding leh......:sleep:

ecimbew
24-09-11, 03:16
My expectation for a district 9 condo is higher.

dtrax
24-09-11, 05:11
yeah to be frank abit disappointing but location still most important, i guess already top?

DC33_2008
24-09-11, 08:32
How is rental yield here? 3%?

stalingrad
24-09-11, 09:09
yeah to be frank abit disappointing but location still most important, i guess already top?

worse than my crabybelle. haha.

devilplate
24-09-11, 09:11
Wah liu....looks like my standard too low:o

DC33_2008
24-09-11, 09:18
How far is this development from AYE?
worse than my crabybelle. haha.

Lovelle
24-09-11, 09:31
prices were moving up pretty fast then.

if u were looking at the 1044 sq ft during VVIP preview 1st day 1st block, i have an old caveat record: #26-06 1514psf 8 Jun 09 (prob bot in apr very 1st VVIP).

by say the next week when they launched 2nd block, prices were significantly higher.

BUT even #29-06 bought at 1582psf in 25 may 09 caveat was flipped for 1800psf in a 2 dec 09 caveat. so its unlikely that any 2 bedder was sold above 1800psf during the launch.

Hi bros,

Is this mpr build after new road call st martin road? I remember agent say prestige road, dev bot the road.

hopeful
24-09-11, 12:47
worse than my crabybelle. haha.

hmm, Stalingrad, we all know you think your Carabelle is the best.
So far, i dont think anybody has asked about your opinions on 2nd best, 3rd best condo that you know and/or have seen.
Hence, I would humbly beg for your opinion :) which private condo is 2nd and 3rd best and in what way does the 2nd and 3rd best lose out to Carabelle.

I humbly awaits your lessons.
(perhaps there is no 2nd and 3rd best, there is only Carabelle)?

hopeful
24-09-11, 12:51
Hi bros,

Is this mpr build after new road call st martin road? I remember agent say prestige road, dev bot the road.

according to sales agent at that time, developer bought the land to make a road. After road construction, developer will hand over to government for upkeep and maintenance. So it is not a private/prestige road exclusive to MPR owners.

land118
24-09-11, 12:59
Not bad. But ordinary fixtures.
Look ordinary, more like OCR condos' fixtures..., project by FCL...would expect more from them..., guess paying for location

stalingrad
24-09-11, 13:16
hmm, Stalingrad, we all know you think your Carabelle is the best.
So far, i dont think anybody has asked about your opinions on 2nd best, 3rd best condo that you know and/or have seen.
Hence, I would humbly beg for your opinion :) which private condo is 2nd and 3rd best and in what way does the 2nd and 3rd best lose out to Carabelle.

I humbly awaits your lessons.
(perhaps there is no 2nd and 3rd best, there is only Carabelle)?

my condo is not the best, not even the second, not even the 10th best. my condo, according to my close perusal of all condos, is number the 199th best. martin place is worse than the 199th best condo in Singapore.

hopeful
24-09-11, 13:20
my condo is not the best, not even the second, not even the 10th best. my condo, according to my close perusal of all condos, is number the 199th best. martin place is worse than the 199th best condo in Singapore.

looks like you are very experienced, having perused closely more than 199 condos.
So in your book of knowledge, which is the no1,2,3?
In what way is 199th better than 200th and 201th?

devilplate
24-09-11, 14:02
Look ordinary, more like OCR condos' fixtures..., project by FCL...would expect more from them..., guess paying for location
R u guys really mean wat u say?

Except for the kitchen top and cabinet, the rest all full of marbles(quite big piece) and i believe sanitary fittings is grohe

I shall make a trip down to view the actual unit...nice project.....too bad its overpriced at tat point of launch....i got better options

august
24-09-11, 14:10
Not bad. But ordinary fixtures.

quite ok liao




btw u all prefer induction stove or the normal kind like this?

dtrax
24-09-11, 14:10
R u guys really mean wat u say?

Except for the kitchen top and cabinet, the rest all full of marbles(quite big piece) and i believe sanitary fittings is grohe

I shall make a trip down to view the actual unit...nice project.....too bad its overpriced at tat point of launch....i got better options

Which launch u mean during the 14xx psf launch or the insane psf b4 the recession?

devilplate
24-09-11, 14:22
Which launch u mean during the 14xx psf launch or the insane psf b4 the recession?
2 bdr 2xth flr was selling for 16xxpsf i tink

1bdr 9xxk for low flr

devilplate
24-09-11, 14:23
quite ok liao




btw u all prefer induction stove or the normal kind like this?
For 2-3bdr, i prefer normal stove wif glass top
If nid to cook full meal, normal stove better

For 1bdr, induction stove for me

august
24-09-11, 14:28
Look ordinary, more like OCR condos' fixtures..., project by FCL...would expect more from them..., guess paying for location

haha i believe OCRs will be worse, just wait and see condos from caspian onwards to top

MPR looks quite gd liao (at least from the pics), as gd as cosmopolitan.
capitaland ones are worse.. those r really paying for location, interior ownself gao tim ~~

wilander
24-09-11, 14:47
R u guys really mean wat u say?

Except for the kitchen top and cabinet, the rest all full of marbles(quite big piece) and i believe sanitary fittings is grohe

I shall make a trip down to view the actual unit...nice project.....too bad its overpriced at tat point of launch....i got better options

iirc buyer got choice of marble or full oak parquet flooring which can be quite nice for own stay.

devilplate
24-09-11, 14:49
iirc buyer got choice of marble or full oak parquet flooring which can be quite nice for own stay.
Sg weather too hot:)

DC33_2008
24-09-11, 14:50
Also depends on the source of marble. Was in Empire Hotel and Country Club Resort in Brunei recently. Fittings are 21k gold plated and the marble is really good quality from Italy.
iirc buyer got choice of marble or full oak parquet flooring which can be quite nice for own stay.

danielchow
24-09-11, 15:48
Maybe i am biased since that my unit after all haha, but frankly I thought the finishing are pretty nice...

Reason I got it.

big land size 140k sqft, block sits only 20% of the area.
One of the biggest swimming pool ive seen
Can have 2nd car allocation free
low monthly maintainence at $300 for 2 bedder
Big Omani marble fittings in living living and both washroom walls
Efficent layout. 1044sq feels very spacious for living room and masterbedroom especially

Things I dont like
Gas stove instead of induction
Wish it came with digital door lock then the normal key system
yard area small, washer dryer on the left and rubbish chute on the right


Upload some more photos here

2 floor of basement carpark

http://i264.photobucket.com/albums/ii179/danielchow77/P1050441.jpg



From behind the central entrance water feature

http://i264.photobucket.com/albums/ii179/danielchow77/P1050443.jpg

Driveway exit

http://i264.photobucket.com/albums/ii179/danielchow77/P1050444.jpg


Ok the cabinet color is quite off. but I thought the quality is pretty good

http://i264.photobucket.com/albums/ii179/danielchow77/P1050454.jpg

http://i264.photobucket.com/albums/ii179/danielchow77/P1050455.jpg


Common toilet with shower stall and rain shower

http://i264.photobucket.com/albums/ii179/danielchow77/P1050457.jpg


I loves the marbles tiles but ahte the rain shower head design

http://i264.photobucket.com/albums/ii179/danielchow77/P1050460.jpg

Entrance into the master bed room. Glass door into washroom

http://i264.photobucket.com/albums/ii179/danielchow77/P1050482.jpg


bulid in appliances
http://i264.photobucket.com/albums/ii179/danielchow77/P1050506.jpg


Kitchen top

http://i264.photobucket.com/albums/ii179/danielchow77/P1050510.jpg


Living room view #1

http://i264.photobucket.com/albums/ii179/danielchow77/P1050518.jpg

Living room view #2

http://i264.photobucket.com/albums/ii179/danielchow77/P1050521.jpg

Swimming pool

http://i264.photobucket.com/albums/ii179/danielchow77/P1050537.jpg

http://i264.photobucket.com/albums/ii179/danielchow77/P1050546.jpg


feel free to comment frankly. feelings will not be hurt haha

august
24-09-11, 15:56
yes i think it is pretty nice! (frm the pics at least)
or maybe devilplate and my std too low haha :)

DC33_2008
24-09-11, 15:56
Nice place. You are a lady?

danielchow
24-09-11, 16:23
I didnt think much about the fittings, but if compared to my current place at the sail, my layman's feel like that its far better. just commissioned a design firm

and no i am not a gal!

maisonjai
24-09-11, 16:24
wah....when did miele become "normal" ??

august
24-09-11, 16:26
I didnt think much about the fittings, but if compared to my current place at the sail, my layman's feel like that its far better. just commissioned a design firm

and no i am not a gal!

yes, Sail finishing is poor, confirmed! oops :p

DC33_2008
24-09-11, 16:27
Sail was launched at $1000psf? How about this place?
I didnt think much about the fittings, but if compared to my current place at the sail, my layman's feel like that its far better. just commissioned a design firm

and no i am not a gal!

danielchow
24-09-11, 16:29
its true... mpr fittings are much better than the sail! i had to hack down and replace almost everything before i move in the sail haa. even replaced the flooring totally.

danielchow
24-09-11, 16:30
i know why you asked if im a gal. no the red birkin is not mine!

danielchow
24-09-11, 16:32
1400-1500 in 07

DC33_2008
24-09-11, 16:38
Sail even got large column in some living rooms. :doh:

Jonathan0503
24-09-11, 23:23
What's the ceiling height?

Looks kinda low from the pics

bargain hunter
25-09-11, 01:36
the new road is called MARTIN PLACE (without the word road behind).

st martin is tanglin area.


Hi bros,

Is this mpr build after new road call st martin road? I remember agent say prestige road, dev bot the road.

ecimbew
25-09-11, 02:03
Maybe i am biased since that my unit after all haha, but frankly I thought the finishing are pretty nice...

Reason I got it.

big land size 140k sqft, block sits only 20% of the area.
One of the biggest swimming pool ive seen
Can have 2nd car allocation free
low monthly maintainence at $300 for 2 bedder
Big Omani marble fittings in living living and both washroom walls
Efficent layout. 1044sq feels very spacious for living room and masterbedroom especially

Things I dont like
Gas stove instead of induction
Wish it came with digital door lock then the normal key system
yard area small, washer dryer on the left and rubbish chute on the right


feel free to comment frankly. feelings will not be hurt haha

Congrats, Chow! I totally agree with you on your likes and dislikes. I can also see you have very little defects. That's good! Read the news about our Seaview friends. Poor thing but serves the developer right for not doing QC.

CCR
25-09-11, 10:05
my condo is not the best, not even the second, not even the 10th best. my condo, according to my close perusal of all condos, is number the 199th best. martin place is worse than the 199th best condo in Singapore.

I still don't understand why you all even bother to ask him for his opinion.... You are just wasting your time.....

CCR
25-09-11, 10:10
Does the temple affect the value of MPR?

ahkongkid
25-09-11, 10:26
Does the temple affect the value of MPR?
If i were buying for own stay it would bother me, but purely from fengshui reasons thats all. so u get slightly less prospective buyers who r superstitious

DaytonaSS
25-09-11, 11:20
yes, Sail finishing is poor, confirmed! oops :p

Lesson in property investment I have learned, it's never about the marble floor that some are so proud of. LOCATION LOCATION LOCATION.

Since compare The Sail, best location, damn normal finishing, see the price appreciation...... Compared to say no.1 west coast project with world class finishing, excluding the special one's opinion, it's very clear what attribute is more important. Anyway, marble floor is only 100k away?

danielchow
26-09-11, 10:19
What's the ceiling height?

Looks kinda low from the pics


ceiling height is 3m, for the boxed up areas its 2.6m


anyone interested in the dimension I have it here

http://i264.photobucket.com/albums/ii179/danielchow77/2011-09-26100202_resized_2.jpg

devilplate
26-09-11, 11:06
Nice and spacious master rm:cheers6:

mantrix
05-10-11, 21:47
Just across the road, freehold St Martin's apartments' caveats have been going down, down, down...last transaction at 1474 psf nia...been gradually decreasing all the way...