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View Full Version : The Suites @ Central (D9, Freehold, Keppel/CES)



Unregistered
26-09-06, 15:59
http://img240.imageshack.us/img240/3944/ritzom6.jpg (http://imageshack.us)

Great response... units launched overseas almost sold out already

fan
26-09-06, 16:03
Along Devonshire Road behind The Bayron. Great location, especially with Orchard Central (by FEO) shopping mall set to make waves in the middle of Orchard Road.

alibaba
04-10-06, 07:58
price will increase for this area.

Unregistered
10-01-07, 00:55
CES has achieved 67% sales for Ritz Residences so far. CES has currently stopped selling Ritz Residences. They intend to re-launch Ritz Residences at an average of $1,600 psf, compared to the previous average of $1,400 psf.

Unregistered
10-01-07, 00:56
Total units for Ritz is 157.

sake
13-06-08, 10:03
I am looking for a 2BR, 3BR & 4BR units at The Suites @ Central, I have a few Clients from overseas, I would prefer a direct deal, but I do not mind to co-broke also.

Please do email me at [email protected] or call me 90717878 if you guys have the information.

Thanks

kal
06-08-08, 16:55
Just passed by, saw this skyscraper,wow.. going to TOP soon..I find it is a superb location, few mins to sommerset mrt, somemore the former Phoenix hotel going to be posh shopping mall... dunno got "urgent seller" or not. hehe

sake
08-08-08, 10:07
got, but not too urgent....

I have a seller for 4br unit, stack 05, looking for $2100 psf nego


cheers

mr funny
11-05-09, 12:48
http://www.businesstimes.com.sg/sub/premiumstory/0,4574,332216-1241899140,00.html?

Published May 9, 2009

Buyer of units at The Suites gets a break

Six-month extension for 51-unit purchaser comes with price of $500,000 a month of which the first has been paid

By UMA SHANKARI


KEPPEL Land yesterday said that it has granted a six-month payment extension to a buyer who purchased 51 apartments in its 157-unit The Suites @ Central project.

The buyer purchased the units in an en bloc deal for an average price of $1,806 per sq ft under the deferred payment scheme (DPS) in June 2007 - at the height of the property market boom.

Keppel Land, which jointly developed The Suites @ Central with Chip Eng Seng, did not disclose the buyer's identity.

Upon the execution of sale-and-purchase agreements, the buyer paid 20 per cent of the purchase price, with the balance of $1,445 psf due after the project obtains its temporary occupation permit (TOP).

Units at the fully-sold The Suites @ Central have been progressively handed over to purchasers since TOP was obtained.

The buyer of the 51 units has since asked to extend the due date to arrange funds for payment. Keppel Land and Chip Eng Seng have agreed to a six-month extension that started yesterday.

But the extension is subject to the purchaser paying $500,000 a month during the extension period. The first payment of $500,000 has been received, Keppel Land said.

The Suites @ Central was developed by Devonshire Development, 60 per cent owned by Keppel Land and 40 per cent by CEL Development, the property arm of the Chip Eng Seng group.

Last month, it emerged that a China investor that bought 20 units in MCL Land's The Fernhill condo failed to pay about $30 million that was due when the project received its TOP.

As a result, MCL Land booked first-quarter profit from only five units in the 25-unit freehold project for which buyers have paid the outstanding balance by the due date.

The investor, Concordia Overseas, subsequently managed to re-sell 19 of the 20 units.

Market watchers have said that developers who sold projects on DPS at peak prices in 2007 and early 2008 may have reason to worry if buyers do not pay up as the projects are completed in the coming months.

Such developers may have to sue buyers to get them to complete the purchase at the contracted price, or agree to a payment extension.

mr funny
11-05-09, 12:58
http://www.straitstimes.com/Money/Story/STIStory_374332.html

May 9, 2009 Saturday

Developer says: time to pay up Buyer says: give me more time

51 units in luxury condo bought under deferred payment

By Fiona Chan


ANOTHER buyer who purchased luxury condominiums in bulk under the deferred payment scheme is now having trouble paying up.

Keppel Land said yesterday that an Indonesian investor who bought 51 units at The Suites @ Central in Devonshire Road has asked for more time to cough up the final payments.

The investor paid $1,806 per sq ft (psf) for the freehold apartments, which were bought in June 2007, Keppel said in a filing to the Singapore Exchange. It would not disclose the total price of the units or whether the investor is an individual or an institution, such as a company or a fund.

But a check of the Urban Redevelopment Authority's (URA) Realis caveats shows that a series of 51 units were sold at that time for a total of $127 million. The units were not bought in a single block and do not appear to make up entire floors, but span the second to the 33rd floors.

The units were bought under the deferred payment scheme. This means the buyer made a downpayment of 20 per cent of the purchase price and then deferred the rest of the payments until the apartments were completed.

The Suites @ Central was completed in February, but the buyer failed to pay up on time.

Two other buyers, both Singaporeans, also missed the payment deadline, Keppel said. One had bought two apartments in the fully-sold project; the other had bought three.

Keppel has received payment for the other 101 apartments in the 157-unit project, which is a 60-40 joint venture between Keppel and Chip Eng Seng.

The Indonesian buyer has asked for an extension of the payment deadline in order to 'arrange funds for payments', Keppel said.

The developer has agreed to a six-month extension starting from yesterday, but is requiring the Indonesian buyer to pay $500,000 per month during the extension period. The first payment has already been received, Keppel said.

Other developers have also recently reported problems collecting payments for units they sold under the deferred payment scheme.

MCL Land ran into trouble last month with the buyer of its Fernhill condominium off Stevens Road. The buyer, reported to be a company called Concordia Overseas controlled by a Hong Kong resident named Chan Ki, had purchased all 25 units in the project and managed to resell five soon after.

But when the time came to make payment for the 20 units it still owned, Concordia missed a few deadlines. It subsequently managed to resell 19 units in time to meet the final deadline, but reportedly at a loss.

The price Concordia paid for the units was $1,410 psf, but the Business Times reported that it fetched only $1,180 psf for the 19 units it resold.

Market watchers said that if the Indonesian buyer of the 51 units at The Suites @ Central has to offload the apartments in a hurry, it may end up making a loss.

The average price of apartments at the project has fallen to about $1,470 psf, according to five caveats lodged for units that have been sold so far this year.

More buyers with payment problems could surface in the coming months, as the property slump coincides with the fallout from the deferred payment scheme, which was scrapped in October 2007.

Some 29,250 homes planned for completion between last year and 2013 were offered with the deferred payment scheme, the URA revealed last year. Analysts have estimated that about 14,000 were actually sold under the scheme.

But even if a handful of buyers default, it may not be statistically significant, noted Mr Nicholas Mak, director of research and consultancy at Knight Frank.

At CapitaLand's RiverGate, about 2 per cent of buyers have missed payments since the project was completed in March, the developer said on Thursday. Most of the project's buyers had opted to take the deferred payment scheme.

'Two per cent is not an alarming figure,' said Mr Mak. 'Once in a while you get cases like a single buyer unable to pay for 51 units but, if you look at the bigger picture, it may just be a small proportion.'

But he added that next year will be the time of reckoning, as many projects that were sold during the height of the market - in the second half of 2007 and early last year - will be completed then, with the bulk of their payments due.

[email protected]

bargain hunter
05-06-09, 13:37
Latest caveats. Such a wide range of 1400+ to 1700+

THE SUITES AT CENTRAL (http://javascript<b></b>:popUp('submitSISV.do?project_name=THE%20SUITES%20AT%20CENTRAL&street_name=DEVONSHIRE%20ROAD&property_type_code=24');) $2,670,000 1,572sq ft 1,699psf May-09
THE SUITES AT CENTRAL (http://javascript<b></b>:popUp('submitSISV.do?project_name=THE%20SUITES%20AT%20CENTRAL&street_name=DEVONSHIRE%20ROAD&property_type_code=24');)$2,610,000 1,572sq ft 1,661psf May-09
THE SUITES AT CENTRAL (http://javascript<b></b>:popUp('submitSISV.do?project_name=THE%20SUITES%20AT%20CENTRAL&street_name=DEVONSHIRE%20ROAD&property_type_code=24');)$2,488,000 1,701sq ft 1,463psf May-09
THE SUITES AT CENTRAL (http://javascript<b></b>:popUp('submitSISV.do?project_name=THE%20SUITES%20AT%20CENTRAL&street_name=DEVONSHIRE%20ROAD&property_type_code=24');)$1,111,250 635sq ft 1,750psf May-09
THE SUITES AT CENTRAL (http://javascript<b></b>:popUp('submitSISV.do?project_name=THE%20SUITES%20AT%20CENTRAL&street_name=DEVONSHIRE%20ROAD&property_type_code=24');)$2,350,000 1,572sq ft 1,495psf Apr-09
THE SUITES AT CENTRAL (http://javascript<b></b>:popUp('submitSISV.do?project_name=THE%20SUITES%20AT%20CENTRAL&street_name=DEVONSHIRE%20ROAD&property_type_code=24');)$1,776,775 1,001sq ft 1,775psf Apr-09
THE SUITES AT CENTRAL (http://javascript<b></b>:popUp('submitSISV.do?project_name=THE%20SUITES%20AT%20CENTRAL&street_name=DEVONSHIRE%20ROAD&property_type_code=24');)$2,770,000 1,572sq ft 1,763psf Apr-09
THE SUITES AT CENTRAL (http://javascript<b></b>:popUp('submitSISV.do?project_name=THE%20SUITES%20AT%20CENTRAL&street_name=DEVONSHIRE%20ROAD&property_type_code=24');)$1,227,000 818sq ft 1,500psf Apr-09
THE SUITES AT CENTRAL (http://javascript<b></b>:popUp('submitSISV.do?project_name=THE%20SUITES%20AT%20CENTRAL&street_name=DEVONSHIRE%20ROAD&property_type_code=24');)$1,553,420 1,012sq ft 1,535psf Apr-09

proud owner
31-07-09, 22:00
Latest caveats. Such a wide range of 1400+ to 1700+

THE SUITES AT CENTRAL (http://javascript<b></b>:popUp('submitSISV.do?project_name=THE%20SUITES%20AT%20CENTRAL&street_name=DEVONSHIRE%20ROAD&property_type_code=24');) $2,670,000 1,572sq ft 1,699psf May-09
THE SUITES AT CENTRAL (http://javascript<b></b>:popUp('submitSISV.do?project_name=THE%20SUITES%20AT%20CENTRAL&street_name=DEVONSHIRE%20ROAD&property_type_code=24');)$2,610,000 1,572sq ft 1,661psf May-09
THE SUITES AT CENTRAL (http://javascript<b></b>:popUp('submitSISV.do?project_name=THE%20SUITES%20AT%20CENTRAL&street_name=DEVONSHIRE%20ROAD&property_type_code=24');)$2,488,000 1,701sq ft 1,463psf May-09
THE SUITES AT CENTRAL (http://javascript<b></b>:popUp('submitSISV.do?project_name=THE%20SUITES%20AT%20CENTRAL&street_name=DEVONSHIRE%20ROAD&property_type_code=24');)$1,111,250 635sq ft 1,750psf May-09
THE SUITES AT CENTRAL (http://javascript<b></b>:popUp('submitSISV.do?project_name=THE%20SUITES%20AT%20CENTRAL&street_name=DEVONSHIRE%20ROAD&property_type_code=24');)$2,350,000 1,572sq ft 1,495psf Apr-09
THE SUITES AT CENTRAL (http://javascript<b></b>:popUp('submitSISV.do?project_name=THE%20SUITES%20AT%20CENTRAL&street_name=DEVONSHIRE%20ROAD&property_type_code=24');)$1,776,775 1,001sq ft 1,775psf Apr-09
THE SUITES AT CENTRAL (http://javascript<b></b>:popUp('submitSISV.do?project_name=THE%20SUITES%20AT%20CENTRAL&street_name=DEVONSHIRE%20ROAD&property_type_code=24');)$2,770,000 1,572sq ft 1,763psf Apr-09
THE SUITES AT CENTRAL (http://javascript<b></b>:popUp('submitSISV.do?project_name=THE%20SUITES%20AT%20CENTRAL&street_name=DEVONSHIRE%20ROAD&property_type_code=24');)$1,227,000 818sq ft 1,500psf Apr-09
THE SUITES AT CENTRAL (http://javascript<b></b>:popUp('submitSISV.do?project_name=THE%20SUITES%20AT%20CENTRAL&street_name=DEVONSHIRE%20ROAD&property_type_code=24');)$1,553,420 1,012sq ft 1,535psf Apr-09

my friend just rented a unit here 886 sqft .. at 4.3k

looking at the caveat .. say lowest psf 1400 psf .. tahts 1.24 mio ,
80 pct financing is 992k loan .. thats close to 4 k a mth ..

adding maintenance .. at 4.3k rent landlord is not making money

bargain hunter
31-07-09, 22:42
886 sq ft is 2 bedroom or single bedder? if 2 bedroom then its the smallest 2 bedroom so the psf is higher!





my friend just rented a unit here 886 sqft .. at 4.3k

looking at the caveat .. say lowest psf 1400 psf .. tahts 1.24 mio ,
80 pct financing is 992k loan .. thats close to 4 k a mth ..

adding maintenance .. at 4.3k rent landlord is not making money

proud owner
31-07-09, 22:45
886 sq ft is 2 bedroom or single bedder? if 2 bedroom then its the smallest 2 bedroom so the psf is higher!

its a 1 bedroom 2 baths

august
03-08-09, 12:18
my friend just rented a unit here 886 sqft .. at 4.3k

looking at the caveat .. say lowest psf 1400 psf .. tahts 1.24 mio ,
80 pct financing is 992k loan .. thats close to 4 k a mth ..

adding maintenance .. at 4.3k rent landlord is not making money
the catch is loan % .. smaller loan quantum maybe 70% still can break even
but now asking psf has shot up to ove 1700psf

market benefits the cash rich now

teddybear
03-08-09, 12:28
How you get $4k pm instalment? Loan $992k at 1.6% interest for 35 years, instalment only $3086 pm wah!

Even if consider 2.5% interest, instalment only $3546 pm! Housing loan interest rate unlikely to go up much with so much paper money floating around looking for higher yield as bank interest is <1% p.a. (so much of these have overflown into properties where yield is still at a decent 3.5-4%).


my friend just rented a unit here 886 sqft .. at 4.3k

looking at the caveat .. say lowest psf 1400 psf .. tahts 1.24 mio ,
80 pct financing is 992k loan .. thats close to 4 k a mth ..

adding maintenance .. at 4.3k rent landlord is not making money

august
03-08-09, 12:34
30 yrs tenure at 2.5% (unlocked) is around 3.9k/mth ...

think 1.6% one no more liao leh

teddybear
03-08-09, 13:08
DBS still having housing loan of 1.99% interest rate fixed for 3 years right?


30 yrs tenure at 2.5% (unlocked) is around 3.9k/mth ...

think 1.6% one no more liao leh

august
03-08-09, 13:30
DBS still having housing loan of 1.99% interest rate fixed for 3 years right?

yup, still have ~~

teddybear
03-08-09, 13:32
Loan $992k for tenure of 35 years at 1.99% interest rate (fixed for 3 years), instalment only $3281 (cheap wah and good deal some more! Hard to find such good deal, thus I doubt it will last).


How you get $4k pm instalment? Loan $992k at 1.6% interest for 35 years, instalment only $3086 pm wah!

Even if consider 2.5% interest, instalment only $3546 pm! Housing loan interest rate unlikely to go up much with so much paper money floating around looking for higher yield as bank interest is <1% p.a. (so much of these have overflown into properties where yield is still at a decent 3.5-4%).

proud owner
03-08-09, 20:40
Loan $992k for tenure of 35 years at 1.99% interest rate (fixed for 3 years), instalment only $3281 (cheap wah and good deal some more! Hard to find such good deal, thus I doubt it will last).


i maybe wrong about the rates

but at 1.99 pct $3280 a mth + maintenance , say 250 .. that $ 3530 .. and renting out at 4.3k ...meaning $770 for keep a mth ?

risk /reward not very good ..

and my friend sign 2 yr contract ..according to him ..the landlord is second owner ..so i am not sure what psf he paid ..

and even if price continues up ..he leases it out for 2 yrs...can he chase my friend out ? if he decides to sell ?
would anyone buy with a tenancy of 4.3k by which time ?

teddybear
03-08-09, 21:09
Why not? Getting a net profit of $770 pm after interest for 2 years to get over this low rental period and by then rental would have gone up when subject to renewal and price would have gone up as well. Investing in investment property is all about price appreciation. If buy for own stay, as long as a person is comfortable and like the place and can afford, any price is OK.


i maybe wrong about the rates

but at 1.99 pct $3280 a mth + maintenance , say 250 .. that $ 3530 .. and renting out at 4.3k ...meaning $770 for keep a mth ?

risk /reward not very good ..

and my friend sign 2 yr contract ..according to him ..the landlord is second owner ..so i am not sure what psf he paid ..

and even if price continues up ..he leases it out for 2 yrs...can he chase my friend out ? if he decides to sell ?
would anyone buy with a tenancy of 4.3k by which time ?

proud owner
03-08-09, 21:36
Why not? Getting a net profit of $770 pm after interest for 2 years to get over this low rental period and by then rental would have gone up when subject to renewal and price would have gone up as well. Investing in investment property is all about price appreciation. If buy for own stay, as long as a person is comfortable and like the place and can afford, any price is OK.

with so many projects and so many people buying for investment

why the cetainty that rental WILL go up ?

bargain hunter
04-08-09, 01:15
not everybody can borrow up to 35 years also...meaning potentially, the monthly payments are higher, maybe much higher...



with so many projects and so many people buying for investment

why the cetainty that rental WILL go up ?

District 84483535
17-08-09, 12:17
The Suites Central for Rent


Availaible Unit
4+1 unit Mid floor with big balcony,
Brand new! of P/furnish,wet and dry kitchen,
good condition, nice view - city and pool view, windy and pte lift.

asking 8.5k nego

Inform Project

Development Name: The Suites @ Central
Property Type: Condominium
Developer: Devonshire Development Pte Ltd
Tenure: Freehold
Expected Completion: 2009
# of Units: 157

The Suites @ Central is located in the same district as condominiums such as St Thomas Suites and The Metz in the renowned District 9. With a completion date listed as 2009, the 157-unit condominium is situated a short walk away from Somerset MRT station.

Established schools such as Chatsworth International School and River Valley School are both within a short walking distance, and an even shorter driving distance. Amenities are not lacking for residents living at The Suites @ Central due to its excellent location. Orchard Road, with its variety of exotic cuisines as well as fashion boutiques from all around the world, is barely a 10 minute stroll away.

For residents who drive, getting to places like the Central Business District, Boat Quay, and the Esplanade is reduced to a mere handful of minutes via the Central Expressway. With the added convenience of the nearby Somerset MRT station, getting around Singapore for residents of The Suites @ Central is quick and easy

Facilities:*Private Lift*Main Pool*Children's Pool*Reflective Pool*Lap Pool*Floating Timber Deck*Outdoor Jacuzzi*Sunken Deck*BBQ Area*Fitness Area*Hot SPA*Function Room*Reading Lounge*Gymnasium

Photo
http://photos.friendster.com/photos/31/79/17179713/2_486139878l.jpg
http://photos.friendster.com/photos/31/79/17179713/2_195364797l.jpg

Location
update soon.

Kindly make your appoitment with andy for viewing arrangement.
Hp 8448 3535 /82981266

Premium stay that we promise.

District 84483535
17-08-09, 12:22
The Suites Central for Rent

Availaible Unit
4+1 unit Mid floor with big balociens,
Brand new! of P/furnish,wet and dry kitchen,
good condition, nice view - city and pool view, windy and pte lift.

asking 8.5k nego

Inform Project

Development Name: The Suites @ Central
Property Type: Condominium
Developer: Devonshire Development Pte Ltd
Tenure: Freehold
Expected Completion: 2009
# of Units: 157

The Suites @ Central is located in the same district as condominiums such as St Thomas Suites and The Metz in the renowned District 9. With a completion date listed as 2009, the 157-unit condominium is situated a short walk away from Somerset MRT station.

Established schools such as Chatsworth International School and River Valley School are both within a short walking distance, and an even shorter driving distance. Amenities are not lacking for residents living at The Suites @ Central due to its excellent location. Orchard Road, with its variety of exotic cuisines as well as fashion boutiques from all around the world, is barely a 10 minute stroll away.

For residents who drive, getting to places like the Central Business District, Boat Quay, and the Esplanade is reduced to a mere handful of minutes via the Central Expressway. With the added convenience of the nearby Somerset MRT station, getting around Singapore for residents of The Suites @ Central is quick and easy

Facilities:*Private Lift*Main Pool*Children's Pool*Reflective Pool*Lap Pool*Floating Timber Deck*Outdoor Jacuzzi*Sunken Deck*BBQ Area*Fitness Area*Hot SPA*Function Room*Reading Lounge*Gymnasium

Photo
http://photos.friendster.com/photos/31/79/17179713/2_486139878l.jpg
http://photos.friendster.com/photos/31/79/17179713/2_195364797l.jpg


Kindly make your appoitment with andy for viewing arrangement.
Hp 8448 3535 /82981266

Premium stay that we promise.

bargain hunter
17-08-09, 13:46
Now Andy, this is more like it...more realistic than the Centro @ AMK posting. Assuming this goes for 8k, how can Suites @ Central be worth more than $2000psf? :)



The Suites Central for Rent


Availaible Unit
4+1 unit Mid floor with big balcony,
Brand new! of P/furnish,wet and dry kitchen,
good condition, nice view - city and pool view, windy and pte lift.

asking 8.5k nego

Inform Project

Development Name: The Suites @ Central
Property Type: Condominium
Developer: Devonshire Development Pte Ltd
Tenure: Freehold
Expected Completion: 2009
# of Units: 157

The Suites @ Central is located in the same district as condominiums such as St Thomas Suites and The Metz in the renowned District 9. With a completion date listed as 2009, the 157-unit condominium is situated a short walk away from Somerset MRT station.

Established schools such as Chatsworth International School and River Valley School are both within a short walking distance, and an even shorter driving distance. Amenities are not lacking for residents living at The Suites @ Central due to its excellent location. Orchard Road, with its variety of exotic cuisines as well as fashion boutiques from all around the world, is barely a 10 minute stroll away.

For residents who drive, getting to places like the Central Business District, Boat Quay, and the Esplanade is reduced to a mere handful of minutes via the Central Expressway. With the added convenience of the nearby Somerset MRT station, getting around Singapore for residents of The Suites @ Central is quick and easy

Facilities:*Private Lift*Main Pool*Children's Pool*Reflective Pool*Lap Pool*Floating Timber Deck*Outdoor Jacuzzi*Sunken Deck*BBQ Area*Fitness Area*Hot SPA*Function Room*Reading Lounge*Gymnasium

Photo
http://photos.friendster.com/photos/31/79/17179713/2_486139878l.jpg
http://photos.friendster.com/photos/31/79/17179713/2_195364797l.jpg

Location
update soon.

Kindly make your appoitment with andy for viewing arrangement.
Hp 8448 3535 /82981266

Premium stay that we promise.

andy
21-08-09, 21:31
Now Andy, this is more like it...more realistic than the Centro @ AMK posting. Assuming this goes for 8k, how can Suites @ Central be worth more than $2000psf? :)

Not the above Andy but checking property guru. S@C is asking $1700psf

bargain hunter
21-08-09, 23:08
:) yup, i know you are not the above andy. When I went to view it 1 or 2 months back, the agent selling for the 50+ unit Indo buyer who defaulted, quoted me 2000psf leh. I think now whittered down to around 30 units or less but not sure if they have lowered their asking prices.



Not the above Andy but checking property guru. S@C is asking $1700psf

Reporter
10-02-10, 23:46
Not the above Andy but checking property guru. S@C is asking $1700psf
Are you looking for higher than $2,000 psf, Andy? Good news for you!
The Suites at Central has a nëw hïgh of $2,141 psf!


The Suites At Central
Address .............................. psf ............... Area ........... Price ........... Contract Date
57B Devonshire Road #30-05 .... $2,141 psf .... 1,765 sqft .... $3,780,000 .... 20 Jan 10

proud owner
23-02-10, 02:20
Are you looking for higher than $2,000 psf, Andy? Good news for you!
The Suites at Central has a nëw hïgh of $2,141 psf!


The Suites At Central
Address .............................. psf ............... Area ........... Price ........... Contract Date
57B Devonshire Road #30-05 .... $2,141 psf .... 1,765 sqft .... $3,780,000 .... 20 Jan 10

back in manhattan now ..

last week when i was in spore .. viewed a 4+1 bedroom ... very good layout ... asking 2000 psf...

proud owner
18-10-10, 13:19
back in manhattan now ..

last week when i was in spore .. viewed a 4+1 bedroom ... very good layout ... asking 2000 psf...


current selling price still around 2000-2200 psf?

any update from agent ?

teddybear
18-10-10, 15:22
You said previously Suites@Central very good layout? May be you have not seen enough of these properties. I didn't find the layout to be very good although I won't say bad either. However, I hate it when their so-called private lift lobby at L1 exposes you to the sun and rain! What so "private" about that type of design? Also, when I was there, it began to rain the huge amount of water torrents down to basement car park. Horrible! Hope their water pumps in underground car park won't break down!


current selling price still around 2000-2200 psf?

any update from agent ?

proud owner
18-10-10, 21:40
You said previously Suites@Central very good layout? May be you have not seen enough of these properties. I didn't find the layout to be very good although I won't say bad either. However, I hate it when their so-called private lift lobby at L1 exposes you to the sun and rain! What so "private" about that type of design? Also, when I was there, it began to rain the huge amount of water torrents down to basement car park. Horrible! Hope their water pumps in underground car park won't break down!

i visited a 2 bedder and a 4 bedder ... thot the 4bedder layout was good but facing so so ...

revisitng this forum cos i find the psf for Suites and One Devonshire seem to havev stagnated ...

teddybear
18-10-10, 22:01
Cheap for a reason? (I believe so for Suites@Central case. Not sure about One Devonshire though).


i visited a 2 bedder and a 4 bedder ... thot the 4bedder layout was good but facing so so ...

revisitng this forum cos i find the psf for Suites and One Devonshire seem to havev stagnated ...

DKSG
18-10-10, 22:20
Recent rentals in the area has been very much affected.

Partly due to the massive number of constructions in the area and the number of projects coming onstream.

Currently, I believe 1,900 psf for a 2BR is easy to get.

But need to caution buyers, this is a negative cashflow project on a mthly basis. The monthly rentals cannot cover the loan instalments + outgoings. So, if interest goes up a little, cashflow will be tough.

Do wait, prices will be down moderately in the next 3-6 mths.

bargain hunter
19-10-10, 00:25
st thomas suites has just obtained its TOP. the test for the big units is here now.

devilplate
19-10-10, 00:26
st thomas suites has just obtained its TOP. the test for the big units is here now.

nice furnishing:D

teddybear
19-10-10, 13:30
Lousy location there - so to speak. 1 small and narrow St Thomas road winding into there, so many old and eye-sore buildings along the way. Easy place to kidnap the rich (by hiding in the slump)? :p


st thomas suites has just obtained its TOP. the test for the big units is here now.

bargain hunter
19-10-10, 21:29
nope. 2 of the old ones have been en-bloc and replaced by Skyline 360 and the killer, MM Espada. when completed, i think there is greater concern about how narrow the road is than afraid of being kidnapped hahaha.


Lousy location there - so to speak. 1 small and narrow St Thomas road winding into there, so many old and eye-sore buildings along the way. Easy place to kidnap the rich (by hiding in the slump)? :p

chuays
19-10-10, 22:22
I think there are 2 entrances to Espada....


nope. 2 of the old ones have been en-bloc and replaced by Skyline 360 and the killer, MM Espada. when completed, i think there is greater concern about how narrow the road is than afraid of being kidnapped hahaha.

teddybear
19-10-10, 22:49
Still have some more old & ugly ones lah, e.g. Sam Kiang Mansion & St Thomas Court?


nope. 2 of the old ones have been en-bloc and replaced by Skyline 360 and the killer, MM Espada. when completed, i think there is greater concern about how narrow the road is than afraid of being kidnapped hahaha.

bargain hunter
19-10-10, 22:53
st thomas court is not too old and sam kiang mansion is almost landlocked but not too old either lah. ugly compared to the new ones maybe but who cares. :)



Still have some more old & ugly ones lah, e.g. Sam Kiang Mansion & St Thomas Court?

bargain hunter
19-10-10, 22:55
espada, even if 2 entrances also no use, still on the same 1 lane 2 way street. doesn't really help.


I think there are 2 entrances to Espada....

devilplate
20-10-10, 00:30
espada, even if 2 entrances also no use, still on the same 1 lane 2 way street. doesn't really help.

u went to c st thomas suites liao ar?

not much view rite...looks very cramped there....

chuays
20-10-10, 08:01
Nope...but I think most of the units are Espada would be tenanted to foreign singles or couples....and based on this profile...they may not own cars...so traffic may not be so much of a concern. Whereas for OD or Skyline 360...units are big for families with children, and most likely to own cars....


u went to c st thomas suites liao ar?

not much view rite...looks very cramped there....

bargain hunter
20-10-10, 12:30
yes, i agree. but the road still doesn't look like its able to support all the traffic without discomfort. Residences @ Kiliney and One Devonshire for Kiliney road already may cause some discomfort to the single lane to and fro along kiliney road. then add more of the same for st thomas.




Nope...but I think most of the units are Espada would be tenanted to foreign singles or couples....and based on this profile...they may not own cars...so traffic may not be so much of a concern. Whereas for OD or Skyline 360...units are big for families with children, and most likely to own cars....

bargain hunter
20-10-10, 12:36
lazy to walk there. waste time. would rather do some jogging along singapore river, healthier. :)

i think when everything is completed, could really feel a bit cramped. can get orchard view but if Beaumont en-bloc then siao liao. the rest of the views will be pocketed. not shiok. given the size/quantum, could be tough to go much further than 2100psf, like suites @ central.




u went to c st thomas suites liao ar?

not much view rite...looks very cramped there....

devilplate
20-10-10, 12:40
lazy to walk there. waste time. would rather do some jogging along singapore river, healthier. :)

i think when everything is completed, could really feel a bit cramped. can get orchard view but if Beaumont en-bloc then siao liao. the rest of the views will be pocketed. not shiok. given the size/quantum, could be tough to go much further than 2100psf, like suites @ central.

i only like the metz over there....the rest no views one so to speak

duno leh....my mentality: must have gd views for paying such top dollar....

if MM like illuminaire....nvm lor...buy to let out nia....

proud owner
20-10-10, 21:15
yes, i agree. but the road still doesn't look like its able to support all the traffic without discomfort. Residences @ Kiliney and One Devonshire for Kiliney road already may cause some discomfort to the single lane to and fro along kiliney road. then add more of the same for st thomas.


cairnhill circle also same problem .. one way in , one way out .. supporting Lights@cairnhill, Cairnhill Residences, HillTops, Promont... when all TOP .. sure jam

teddybear
20-10-10, 21:23
Alamat, already jam now. Don't need to wait till all TOP!:doh:


cairnhill circle also same problem .. one way in , one way out .. supporting Lights@cairnhill, Cairnhill Residences, HillTops, Promont... when all TOP .. sure jam

proud owner
20-10-10, 21:31
Alamat, already jam now. Don't need to wait till all TOP!:doh:

right

i always like areas where there are more than 1 point of entry/exit ...

even for say D5 ..pasir panjang .. make sure you are new the end part, like Clementi rd or South buona vista road ..

so to me Varsity park, Stellar are better than Clementi woods ..

similarly, Maylea, Balmeg are better than Juluca


in that aspect .. i dun like those condos in Tanjong Rhu

or Amaryllis .. come out of condo MUST always turn left !!!

or any condos along Bkt timah ..similarly along Dunearn

proud owner
20-10-10, 21:32
right

i always like areas where there are more than 1 point of entry/exit ...

even for say D5 ..pasir panjang .. make sure you are new the end part, like Clementi rd or South buona vista road ..

so to me Varsity park, Stellar are better than Clementi woods ..

similarly, Maylea, Balmeg are better than Juluca


in that aspect .. i dun like those condos in Tanjong Rhu

or Amaryllis .. come out of condo MUST always turn left !!!

or any condos along Bkt timah ..similarly along Dunearn


dunno if i am being anal ... but these are things i consider also ..when looking for a property ...

teddybear
20-10-10, 22:49
I do consider this as well. If there is only 1 point of entry/exit, then make sure the point is a 2-lane or 3-lane road, not a single lane road (1 car park beside waiting/blocking/breakdown and all jam up liao!). That is why I don't like those along St Thomas Road or Cairnhill Circle etc.


right

i always like areas where there are more than 1 point of entry/exit ...

even for say D5 ..pasir panjang .. make sure you are new the end part, like Clementi rd or South buona vista road ..

so to me Varsity park, Stellar are better than Clementi woods ..

similarly, Maylea, Balmeg are better than Juluca


in that aspect .. i dun like those condos in Tanjong Rhu

or Amaryllis .. come out of condo MUST always turn left !!!

or any condos along Bkt timah ..similarly along Dunearn

proud owner
20-10-10, 22:58
I do consider this as well. If there is only 1 point of entry/exit, then make sure the point is a 2-lane or 3-lane road, not a single lane road (1 car park beside waiting/blocking/breakdown and all jam up liao!). That is why I don't like those along St Thomas Road or Cairnhill Circle etc.


or Barker road ... forever jam ... pity the residents ... many times they have to drive against traffic direction ..

Wild Falcon
22-10-10, 10:58
Strange requirement. The most important criteria is my home has to be quiet and peaceful - which probably means it's a quiet and low-traffic 1-or 2 lane road leading to my house. Why would anyone wanna buy a place facing a 3-4 lane busy main road or worst still cross junction that allow you to turn left and right? There are a lot of developments and houses facing 1-2 lane roads that are NOT jammed up everyday. It depends on the building density right? If each building is a 40 storey flat, then the probability of being jammed up at the exit will be higher. Imagine walking out of your house to a 3 lane main road. No way! To each his own.

A always like a long quiet and preferably winding lane leading to my house - nevermind if it's deeper inside.


right

i always like areas where there are more than 1 point of entry/exit ...

even for say D5 ..pasir panjang .. make sure you are new the end part, like Clementi rd or South buona vista road ..

so to me Varsity park, Stellar are better than Clementi woods ..

similarly, Maylea, Balmeg are better than Juluca


in that aspect .. i dun like those condos in Tanjong Rhu

or Amaryllis .. come out of condo MUST always turn left !!!

or any condos along Bkt timah ..similarly along Dunearn