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tigerwoods
24-08-17, 16:29
Parc Botania, the last MEGA launch in 2017. It is jointly developed by Wee Hur and Sing Development. Parc Botania is situated just beside Thanggam LRT. Seletar Mall is within 10 mins walk or 1 LRT station away. Breakeven costs of this land is estimated at $980 psf to $1030 psf. Preview Price expected to be above $1100 psf. Launch Date will likely be in October 2017. Parc Botana Price and Floor Plan will be releasing very soon.
www.sgpropertyasia.com/property/parc-botania-fernvale

bargain hunter
24-08-17, 20:17
Parc Botania, the last MEGA launch in 2017. It is jointly developed by Wee Hur and Sing Development. Parc Botania is situated just beside Thanggam LRT. Seletar Mall is within 10 mins walk or 1 LRT station away. Breakeven costs of this land is estimated at $980 psf to $1030 psf. Preview Price expected to be above $1100 psf. Launch Date will likely be in October 2017. Parc Botana Price and Floor Plan will be releasing very soon.
www.sgpropertyasia.com/property/parc-botania-fernvale

Parc Botania is the confirmed name?

azeoprop
30-08-17, 23:58
No more 3xxk of high park.... And I thought property price index is lower now ha ha.

bargain hunter
31-08-17, 00:15
No more 3xxk of high park.... And I thought property price index is lower now ha ha.

some agents don't even dare to advertise 4xxk any more. i think its pretty clear that its FROM 5xxk. market is fast running out of brand new mass market condos to sell and this is the new base price.

bargain hunter
01-09-17, 09:26
No more 3xxk of high park.... And I thought property price index is lower now ha ha.

Tuan Sing bought the cheapest GLS last year at 481psf in Sembawang. They are now selling it as Kandis Residence at an average of 1250psf. (previewed last weekend)

star
01-09-17, 10:05
No more 3xxk of high park.... And I thought property price index is lower now ha ha.

That is why always buy the cheapest. U will be hard to lose money.

tigerwoods
08-09-17, 15:07
No more 3xxk of high park.... And I thought property price index is lower now ha ha.

$3xxK was for the studio unit at that time. Parc Botannia likely start from 1bedrm size of 4xx sqft and price from $5xxK.

bargain hunter
08-09-17, 15:40
$3xxK was for the studio unit at that time. Parc Botannia likely start from 1bedrm size of 4xx sqft and price from $5xxK.

and this is already the new cheapest for brand new condo. new launches next year will be even more ex.

bargain hunter
08-09-17, 15:41
and this is already the new cheapest for brand new condo. new launches next year will be even more ex.

correction, either more ex or SMALLER lol.

tigerwoods
10-09-17, 13:10
and this is already the new cheapest for brand new condo. new launches next year will be even more ex.

correct, and our government just increases the development charges from Sept 2017.

bargain hunter
10-09-17, 21:11
correct, and our government just increases the development charges from Sept 2017.

after this project, all new land for development were bought at higher prices. the recent spikes in land costs further ensures that all new launches in 2018 will be > 1200psf or even >1300psf.

bryangbk
14-09-17, 12:18
Located along Fernvale Road, Parc Botannia (http://parcbotannia-official.com/) is only a few minutes walk away from the Thanggam LRT Station. This LRT will connects the residents to Sengkang MRT Station and Sengkang Bus Terminal. It is also near to major expressways such as the Tampines Expressway(TPE) and Central Expressway(CTE), it is a breeze to travel to and fro Parc Botannia from any parts of Singapore. The TPE will take drivers to places like Changi airport and Singapore Expo while also connected to the Pan Island Expressway(PIE) and Seletar Expressway(SLE). CTE is one of the busiest and best connected expressway that links drivers to Orchard shopping belt, Novena where the future health city resides and the Central Business District(CBD) area such as Outram Park, Tanjong Pagar and Shenton Way.

Ideal for families with school-age children as Parc Botannia is close to reputable educational institutions including Sengkang Green Primary School, Fernvale Primary School and Nan Chiau Primary School;
Parc Botannia is surrounded by a comprehensive range of amenities. Delicious food are readily available along Jalan Kayu stretch. Residents could conveniently pick up their groceries at The Seletar Mall. Other shopping malls such as Greenwich V and Compass One are also within minutes’ drive. Residents who are looking for more recreational activities will never be appointed by the range of facilies such as Sengkang Riverside Park, Sengkang Sports Complex, and Sengkang Hockey Stadium. The neighbourhood is well equipped with medicial facilities such as the Sengkang General and Community Hospital.

Amenities – Parc Botannia location (http://parcbotannia-official.com/) is nearby to a myriad of amenities and convenience. Delicious food are readily available along Jalan Kayu stretch. Residents could conveniently pick up their groceries at The Seletar Mall. Other shopping malls such as Greenwich V and Compass One are also within minutes’ drive. Residents who are looking for more recreational activities will never be appointed by the range of facilies such as Sengkang Riverside Park, Sengkang Sports Complex, and Sengkang Hockey Stadium. The neighbourhood is well equipped with medicial facilities such as the Sengkang General and Community Hospital.

Affordable entry – It is noted that the land price is at $287.1 million translating to $517.03 psf ppr. Factoring in the construction, advertisement and miscellaneous cost, the Parc Botannia price (http://parcbotannia-official.com/) should start at around $5xxK for the smallest unit. With the recent government land sales and extremely aggressive en-bloc sales this year, the land price is considered the one of the lowest among all upcoming new condo launches.

Developer – Parc Botannia developer Sing Development is not new at all to local Real Estate development. Their past projects have seen them involved in mostly higher end projects located in districts 09, 10 and 15. Such as The Laurels @ Cairnhill Road, BelleRive @ Keng Chin Road, Meyer Residences @ Meyer Place, 38 Draycott Drive, EastGate at East Coast Road and East View @ Brooke Road, Waterwoods in Punggol and Robin Residences @ Robin Drive. Founded in 1964, they are a subsidiary of Sing Holdings Limited which is a property development and investment group listed on Mainboard of the Singapore Exchange. As a testament to deliver quality homes to buyers, they have earned themselves several prestigious awards such as FIABCI Singapore Property Awards 2015 in the Residential (Mid Rise) Category for The Laurels at Cairnhill and the BCA Green Mark Award (Gold Plus) for Waterwoods.

Renowned Educational Institutions – Parc Botannia condo (http://parcbotannia-official.com/) is home to many good schools for parents to send their kids to. Such as Fernvale Primary School, Sengkang Primary School, North Spring Primary School, Rivervale Primary School, North Vista Primary School, Palm View Primary School, Compassvale Primary School, Hougang Primary School, Nan Chiau Primary School, Anchor green Primary School, Sengkang Green Primary School, Pei Hwa Secondary School, Nan Chiau Secondary School, Compassvale Secondary School, North Vista Secondary School, Sengkang Secondary School, CHIJ St Joseph’s Convent, CHIJ St Nicholas Girls School, Anderson Junior College, Nanyang Polytechnic. Catering to the pool of expat tenants in Parc Botannia Fernvale, there are Chatsworth International School and Lycee Francais de Singapur within close proximity to support the demand.

Quick! Call us and make an appointment to view Parc Botannia showflat (http://parcbotannia-official.com/) now!

parcbotannia
26-09-17, 17:27
Project Details & Overview: Is Fernvale A Great Location?

Parc Botannia is an upcoming condo development situated along Fernvale Road, District 28, Singapore. Developed by the joint venture of Sing Holding Limited and Wee Hur Holdings Limited, the development offers 735 units across a variety of 1 to 5 bedroom.

Parc Botannia Singapore @ Fernvale Road owns a prime address, the building is well-served by a lot of major routes, especially, Jalan Kayu Road is the well-known place for many interesting activities. Here, you can shop at Seletar Mall, Rivervale Mall and Fernvale Point that is known the most crowded centre in the heart of District 28.

It is regrettable to miss plenty of renowned education institutions surrounding Parc Botannia Fernvale Road such as Nan Chiau Primary School, Sengkang Green Primary School and Pei Hwa Secondary School. These schools will ensure the great knowledge for your children.

With a prime location, there is no reason to don't choose Parc Botania to build a new living.

Facilities & Amenities: Bang for the Buck?

Parc Botannia stands on a size 17,196.4 sqm with the variety facilities that bring the residents an impressive experiences. Here, the numerous interesting activities will be held at the lap pool, BBQ Area, Lounge, you can also participate in gymnasium and spa to improve your flexibility.

As a resident at Parc Botannia @ Fernvale Road, you will enjoy a tranquil lifestyle. The combination between nature and modern architect create a healthy environment. Start a new day with a cup of coffee and contemplate the Singapore skyline, have a delicious breakfast with your loved ones.

In the evening, recharge your batteries in a cool water at the beautiful lap pool or walking on the jogging track under the sunshine. That's great!

Condo Floor Plans & Unit Mix: Yay or Nay?

Parc Botannia offers 735 exclusive apartments with the types from 1 to 5 bedroom for any need. Both family and the single person will please with the high-end quality and a spacious lay out here.

If you are interested, check out the Floor Plans Here (http://parcbotannia-condo.com.sg/parc-botannia-floor-plans). Get in touch with us so we can analyze and provide valuable insight based on your family needs or investing needs.

Remember that a good condo purchase often boils down to the unit selection and floor plan design. Get as many viewing you can from you agents, we know you won't regret it.

Parc Botannia: Know Your Developers

Parc Botannia @ Fernvale Road is developed by joint-venture between Sing Holdings and Wee Hur, two renowned firms in Singapore real estate market. Parc Botannia comprises 735 premium apartments with full of condominium facilities. The condo is expected a highly sought-after development in the last months of 2017.

To learn their background, we have written an in-depth piece of article on Parc Botannia Official Developer Website (http://parcbotannia-condo.com.sg/parc-botannia-by-sing-holdings-wee-hur']Wee Hur Holdings & Sing Holdings[/url]

Learn more and See Video: [url="http://parcbotannia-condo.com.sg/)

PropertyUpdates
28-09-17, 01:15
Parc Botannia showflat (https://www.newlaunchonline.com.sg/parc-botannia-showflat/) will be opening soon to the public for collection of interest in mid October 2017. This new launch is the last mega launch to end the year for 2017. According to various reliable sources, this project will be launched at $1100 psf on average. The highly sought after one bedroom will start from $5xxk, which is expected to snap out on VVIP preview sales day.

Parc Botannia is a brand new launch jointly developed by Sing Holdings and Wee Hur. It is located at the junction of Fernvale Road and Fernvale Street, within walking distance to Thanggam LRT and is one station away from the popular Seletar Mall.

This development consist of a total of 735 units, ranging from 1 bedroom, 2 bedroom, 3 bedroom, 4 bedroom, 5 bedroom and penthouses. There are a total of 4 majestic towers in this new launch project, each comprises of 22-storey high.

Future residents in Parc Botannia (https://www.newlaunchonline.com.sg/parc-botannia/) will get to enjoy full condo facilities. In addition, there is a childcare centre within the project itself, which bring great convenience to the residents and the surrounding neighbourhood. Another plus benefit of having a childcare centre within the development itself is the affordable monthly maintenance fee.


Visit https://www.newlaunchonline.com.sg/parc-botannia/ to register for a showflat appointment now or to understand more about this mega blockbuster development.

bargain hunter
28-09-17, 07:53
Parc Botannia showflat (https://www.newlaunchonline.com.sg/parc-botannia-showflat/) will be opening soon to the public for collection of interest in mid October 2017. This new launch is the last mega launch to end the year for 2017. According to various reliable sources, this project will be launched at $1100 psf on average. The highly sought after one bedroom will start from $5xxk, which is expected to snap out on VVIP preview sales day.

Parc Botannia is a brand new launch jointly developed by Sing Holdings and Wee Hur. It is located at the junction of Fernvale Road and Fernvale Street, within walking distance to Thanggam LRT and is one station away from the popular Seletar Mall.

This development consist of a total of 735 units, ranging from 1 bedroom, 2 bedroom, 3 bedroom, 4 bedroom, 5 bedroom and penthouses. There are a total of 4 majestic towers in this new launch project, each comprises of 22-storey high.

Future residents in Parc Botannia (https://www.newlaunchonline.com.sg/parc-botannia/) will get to enjoy full condo facilities. In addition, there is a childcare centre within the project itself, which bring great convenience to the residents and the surrounding neighbourhood. Another plus benefit of having a childcare centre within the development itself is the affordable monthly maintenance fee.


Visit https://www.newlaunchonline.com.sg/parc-botannia/ to register for a showflat appointment now or to understand more about this mega blockbuster development.

you'd better don't anyhow post the price as average 1100psf. the developer may ban you from selling this project. with new launches so hot, do you think the developer is stupid enough to sell so cheap?

bryangbk
28-09-17, 18:12
Located along Fernvale Road, Parc Botannia (https://parcbotannia-official.com/) is only a few minutes walk away from the Thanggam LRT Station. This LRT will connect the residents to Sengkang MRT Station and Sengkang Bus Terminal. It is also near to major expressways such as the Tampines Expressway(TPE) and Central Expressway(CTE), it is a breeze to travel to and fro Parc Botannia from any parts of Singapore. The TPE will take drivers to places like Changi airport and Singapore Expo while also connected to the Pan Island Expressway(PIE) and Seletar Expressway(SLE). CTE is one of the busiest and best-connected expressways that links drivers to Orchard shopping belt, Novena where the future health city resides and the Central Business District(CBD) area such as Outram Park, Tanjong Pagar and Shenton Way.

Parc Botannia at Fernvale (https://parcbotannia-official.com/) comprises 4 blocks with 735 residential units, units mix ranging from 1 bedroom, 2 bedrooms, 3 bedrooms, 4 bedrooms and 5 bedrooms. Typical layouts are flexible with many unit size area, high-quality fittings and finishes and interior modern design. Units mix, unit distribution, and floor plan will be coming soon.

Parc Botannia is surrounded by a comprehensive range of amenities. Delicious food is readily available along Jalan Kayu stretch. Residents could conveniently pick up their groceries at The Seletar Mall. Other shopping malls such as Greenwich V and Compass One are also within minutes’ drive. Residents who are looking for more recreational activities will never be appointed by the range of facilities such as Sengkang Riverside Park, Sengkang Sports Complex, and Sengkang Hockey Stadium. The neighborhood is well equipped with medical facilities such as the Sengkang General and Community Hospital.

Parc Botannia Showflat (https://parcbotannia-official.com/location/) will be open for viewing in October 2017. Parc Botannia Price will start from $5xxk onwards.

Why you should engage Developer Sales Team

by engaging the Official Developer Sales Team, you will also enjoy the best possible direct developer price. There is no commission required to be paid.

Contact our Developer's Sales Team now.

bargain hunter
28-09-17, 19:20
Sing Holdings had in their presentation slides stated unit sizes from 400 sq ft. Assuming the 1 bedder is 409 sq ft (their 1 bedder at robin residences is 409 sq ft), $500k is already 1222psf and for sure it won't be "only" $500k. psf for 1 bedders would easily be high 12xxpsf or even 13xxpsf on average. it is very unlikely that the overall psf of the project will be 1,100psf average.

Parc-Botannia
23-10-17, 01:48
Visit www.Parc-Botannia-Official.com.sg for more images and floor plans!

Parc-Botannia
26-10-17, 09:51
Sing Holdings had in their presentation slides stated unit sizes from 400 sq ft. Assuming the 1 bedder is 409 sq ft (their 1 bedder at robin residences is 409 sq ft), $500k is already 1222psf and for sure it won't be "only" $500k. psf for 1 bedders would easily be high 12xxpsf or even 13xxpsf on average. it is very unlikely that the overall psf of the project will be 1,100psf average.

Hi Bargain Hunter, 1 Bedder Size is finalised at 430-431 sqft, with one exception unit at 420 sqft.

bargain hunter
26-10-17, 11:00
Hi Bargain Hunter, 1 Bedder Size is finalised at 430-431 sqft, with one exception unit at 420 sqft.

looks like its easily FROM high 11xxpsf and average price in excess of 1200psf. still the cheapest new launch this year and easily so for next year (considering the high land prices sold this year) lol. good luck with your sales! :)

azeoprop
26-10-17, 17:13
looks like its easily FROM high 11xxpsf and average price in excess of 1200psf. still the cheapest new launch this year and easily so for next year (considering the high land prices sold this year) lol. good luck with your sales! :)

Those who bought high park residences at 950psf must be laughing to the bank now....

bargain hunter
26-10-17, 18:12
Those who bought high park residences at 950psf must be laughing to the bank now....

that's exactly why the project sold 1100+ units in 3 days.

its a totally different environment now for new launches. this launch is still the cheapest this year and in the coming year even if it is priced at 1200psf. lol.

Parc-Botannia
26-10-17, 20:57
looks like its easily FROM high 11xxpsf and average price in excess of 1200psf. still the cheapest new launch this year and easily so for next year (considering the high land prices sold this year) lol. good luck with your sales! :)


that's exactly why the project sold 1100+ units in 3 days.

its a totally different environment now for new launches. this launch is still the cheapest this year and in the coming year even if it is priced at 1200psf. lol.

That’s right, all future new launches will be priced higher.

Our show flat is opening this Saturday, 28th October!

Booking day is on 11th of November!

Buyers can register at www.Parc-Botannia-Official.com.sg

Don’t miss out again!

bretmus
27-10-17, 16:57
That’s right, all future new launches will be priced higher.

Our show flat is opening this Saturday, 28th October!

Booking day is on 11th of November!

Buyers can register at www.Parc-Botannia-Official.com.sg

Don’t miss out again!

Singaporeans are dumb to buy shoe boxes...the developers love it as its the most profitable for them.

Parc-Botannia
27-10-17, 19:08
That’s right, all future new launches will be priced higher.

Our show flat is opening this Saturday, 28th October!

Booking day is on 11th of November!

Buyers can register at www.Parc-Botannia-Official.com.sg

Don’t miss out again!

🎉 *WOW WOW WOW* 🎉
👏🏻 _The moment you all have been waiting for!_

*📣🎉PARC BOTANNIA -OFFICIAL INDICATIVE EARLY BIRD PRICE GUIDE🎉📣*

*👏🏻👏🏻 SUPER ATTRACTIVE INDICATIVE EARLY BIRD PRICE GUIDE - FOR ALL BEDROOM TYPES:*

*💥1BR: Fr $548K*
*💥1+S: Fr $633K*
*💥2BR-C: Fr $738K*
*💥2BR-P: Fr $820K*
*💥2+S: Fr $937K*
*💥3BR (C): Fr $1.04M*
*💥3BR (P): Fr $1.17M*
*💥4BR (C): Fr $1.3M*
*💥4BR (P): Fr $1.45M*
*💥5BR: Fr $1.6M*

🙋🏻must register to enjoy early bird prices!!!

*🏃🏻🏃🏻Do not wait.* 🏃🏻🏃🏻

_✨Prices are indicative only and subject to changes by developer without prior notice._

Register at www.Parc-Botannia-Official.com.sg

bargain hunter
27-10-17, 20:18
�� *WOW WOW WOW* ��
���� _The moment you all have been waiting for!_

*����PARC BOTANNIA -OFFICIAL INDICATIVE EARLY BIRD PRICE GUIDE����*

*�������� SUPER ATTRACTIVE INDICATIVE EARLY BIRD PRICE GUIDE - FOR ALL BEDROOM TYPES:*

*��1BR: Fr $548K*
*��1+S: Fr $633K*
*��2BR-C: Fr $738K*
*��2BR-P: Fr $820K*
*��2+S: Fr $937K*
*��3BR (C): Fr $1.04M*
*��3BR (P): Fr $1.17M*
*��4BR (C): Fr $1.3M*
*��4BR (P): Fr $1.45M*
*��5BR: Fr $1.6M*

����must register to enjoy early bird prices!!!

*��������Do not wait.* ��������

_✨Prices are indicative only and subject to changes by developer without prior notice._

Register at www.Parc-Botannia-Official.com.sg

oops, think i haven't bought enough shares in Sing Holdings. lol.

bargain hunter
27-10-17, 20:34
they have deliberately priced at a small discount to le quest. :welcoming:

bargain hunter
27-10-17, 21:53
wow, i just took a relook at le quest's floor plans. the 3 bedders are surrounded by balconieS and a/c ledgeS. Park Botannia's 3 bedders are more efficient.

Arcachon
28-10-17, 06:09
Like that also can.

Parc-Botannia
31-10-17, 22:15
Hi all!

E brochure and Fly Through Video for your consideration!

Register at www.Parc-Botannia-Official.com.sg

thomastansb
01-11-17, 22:37
Just saw the floor plan. The 1 / 2 bedders have very bad layouts. Most have long corridors which is wasting precious space. Already quite small and I don't want to waste 30% of the space on corridor. The 3 / 4 bedders layout are better.

SGPropertyKaki
10-11-17, 08:04
For those interested in Parc Botannia, here's a review of the development for sharing!

http://singaporepropertykaki.com/2017/11/02/new-launch-review-parc-botannia-fernvale/

star
11-11-17, 08:45
Booking date today? Can report the sale situation? This is important as it will be a gauge of the market.

thomastansb
11-11-17, 08:56
Booking date today? Can report the sale situation? This is important as it will be a gauge of the market.

Please let us know. Thanks for your effort. If you are there, the range of price/psf will be really useful as well. Especially for studio/1 bedder because that reflect the investment component.

star
11-11-17, 09:22
Please let us know. Thanks for your effort. If you are there, the range of price/psf will be really useful as well. Especially for studio/1 bedder because that reflect the investment component.

I am not there. Just looking for someone here that can provide the sale situation. Cheers. :)

bargain hunter
11-11-17, 13:13
Booking date today? Can report the sale situation? This is important as it will be a gauge of the market.

newspaper will probably report by monday. i dun expect it to be as hot as other projects on this first weekend as they have priced it to the max. developer knows that competition is minimal over the next 10 months or so. they have priced it to sell more slowly.

bargain hunter
11-11-17, 13:39
managed to find this picture of the crowd on facebook though:

https://www.facebook.com/photo.php?fbid=10212359726446603&set=a.1041316631504.2007865.1183205764&type=3&theater

Arcachon
11-11-17, 14:00
https://scontent-sin6-1.xx.fbcdn.net/v/t1.0-9/23472057_10212359726446603_1850949466318110738_n.jpg?oh=89a05a7d0a89afb90102c216c0cc7404&oe=5A9DDB40

bargain hunter
11-11-17, 18:39
also saw an agent post this on facebook:

*����BEST BUY PRICE GUIDE!*
⭐1Brm #16-17 - $599k
��1+S #02-27 - $622K
⭐2Brm C #02-22 - $759K
��2Brm P #04-13 - $823K
⭐2+S #03-28 - $935K
��3Brm C #03-12 - $1.04M
⭐3Brm C #03-29 - $1.082M
��3Brm P #03-33 - $1.167M
⭐3Brm P #03-24 - $1.212M
��4Brm C #03-20 - $1.31M
⭐4Brm P #03-25 - $1.449M
��4Brm P #03-21 - $1.463M
⭐5Brm #03-06 - $1.595M

azeoprop
11-11-17, 20:50
Cheapest unit of the development was #03-34 at 546k

#02-34 PES was 551k
#02-17 PES was 554k
#03-17 was 548k

all at 431sqft




also saw an agent post this on facebook:

*����BEST BUY PRICE GUIDE!*
⭐1Brm #16-17 - $599k
��1+S #02-27 - $622K
⭐2Brm C #02-22 - $759K
��2Brm P #04-13 - $823K
⭐2+S #03-28 - $935K
��3Brm C #03-12 - $1.04M
⭐3Brm C #03-29 - $1.082M
��3Brm P #03-33 - $1.167M
⭐3Brm P #03-24 - $1.212M
��4Brm C #03-20 - $1.31M
⭐4Brm P #03-25 - $1.449M
��4Brm P #03-21 - $1.463M
⭐5Brm #03-06 - $1.595M

Kelonguni
11-11-17, 21:09
Interesting to find 3rd floor cheaper than 2nd floor.

Keen to know the corresponding sales.


Cheapest unit of the development was #03-34 at 546k

#02-34 PES was 551k
#02-17 PES was 554k
#03-17 was 548k

all at 431sqft

bargain hunter
12-11-17, 08:37
Cheapest unit of the development was #03-34 at 546k

#02-34 PES was 551k
#02-17 PES was 554k
#03-17 was 548k

all at 431sqft

i assume by the time that agent posted on FB, the cheapest unit left was the #16 at 599k? saw an agent posting on FB that she delivered an option at 1am.

thomastansb
12-11-17, 10:31
Their neighbours only pay below 3xxk for a studio 2 years back. lol. I am not sure how 550 to 600k is considered as investment savvy.

Kelonguni
12-11-17, 10:54
Mostly 400K onwards.

Cheapest was 398K.

bargain hunter
12-11-17, 11:03
anyway, times are different now, no more 4xxk brand new in whole of sg?

Kelonguni
12-11-17, 13:06
anyway, times are different now, no more 4xxk brand new in whole of sg?

The only chance to see it again will be the next phase of revolution, when we have movement towards properties that 300 sqft or smaller available again.

thomastansb
12-11-17, 13:28
Your numbers doesn't tally. The cheapest was 373k.

Out of those studios, 25% are below 400k.




Mostly 400K onwards.

Cheapest was 398K.

bargain hunter
12-11-17, 13:33
The only chance to see it again will be the next phase of revolution, when we have movement towards properties that 300 sqft or smaller available again.

OCR capped by the 700 sq ft average rule. so to average out, 4xx sq ft seems optimal as long as the rule stays.

bargain hunter
12-11-17, 13:40
newspaper will probably report by monday. i dun expect it to be as hot as other projects on this first weekend as they have priced it to the max. developer knows that competition is minimal over the next 10 months or so. they have priced it to sell more slowly.

agents feedback so far is > 200 units out of the 250 launched were sold yesterday. how much more than 200 i am not too sure. in line with my decent but not too hot expectation. let newspaper confirm the total number tomorrow haha.

Kelonguni
12-11-17, 14:29
I see. Apologies based on my impressions only.

Nonetheless, the sizes for those of these prices are below 400 sqft so its not exactly comparable to the small units available at Parc Botannia right now.

Again, it's based on impression that there are no units below 400 sqft at PB.


Your numbers doesn't tally. The cheapest was 373k.

Out of those studios, 25% are below 400k.

bargain hunter
12-11-17, 19:33
http://infopub.sgx.com/FileOpen/Parc%20Botannia.ashx?App=Announcement&FileID=478030

230 units sold.

bargain hunter
12-11-17, 19:38
http://www.businesstimes.com.sg/real-estate/230-units-of-sengkangs-parc-botannia-sold-during-weekend-launch

"Buyers were mostly locals, and popular units included one-bedroom, two-bedroom, and four-bedroom units."

looks like they overpriced the 3 bedders.

Arcachon
12-11-17, 20:52
https://www.edgeprop.sg/property-news/parc-botannia-230-250-units-released-sold-first-weekend?utm_source=Facebook&utm_medium=article

bargain hunter
13-11-17, 06:48
http://www.channelnewsasia.com/news/business/230-units-snapped-up-at-parc-botannia-condominium-launch-9399698

CNA too

bargain hunter
13-11-17, 07:00
updated Business Times version:

Some 230 units of Parc Botannia sold at launch
The 735-unit project in Sengkang saw average selling price of $1,270 psf
There was better-than-expected demand for Parc Botannia, which led to about 50 more units being released. The project is targeted to be completed by end-2021.


SINGAPOREANS thronging the weekend launch of Parc Botannia snapped up some 230 units of the Sengkang 99-year leasehold condominium over the weekend. The average selling price was S$1,270 per square foot.

Lee Sze Hao, chief executive officer of Sing Holdings, told The Business Times that the initial plan was to release 250 of the 735 units in the development for sale.

But better-than-expected demand led to about 50 more units being released, he said. Buyers were mostly locals.


"We were cautious with the quantum, and had made it such that people could afford to buy."

Parc Botannia is targeted to be completed by end-2021.

It will be built by a 70:30 joint venture between Sing Holdings and Wee Hur. They had clinched the site in a state tender in September last year, with a bid of S$287.1 million, or about S$517 per square foot per plot ratio (psf ppr).

The project offers a range of one to five-bedroom apartments with sizes spanning 431 sq ft to 1,679 sq ft. It is located next to the Thanggam LRT station, a few stops away from the Sengkang MRT station. The food street of Jalan Kayu is nearby, along with Seletar Mall.

Mr Lee said that the most popular units were one-bedroom, two-bedroom and four-bedroom units.

More than half of the 193 one-bedders in the entire development have been sold. They started from S$548,000.

He said he was pleasantly surprised at the performance of the four-bedroom units, which started from S$1.3 million and ranged from 1,130 to 1,507 sq ft.

About half of the 63 four-bedroom units in the entire development have been sold.

azeoprop
13-11-17, 18:29
Then again, this is the cheapest new launch for 2017.
The next one will be the west coast vale site bought at 592psf ppr by china construction named Twin Views.
The other one with similar cost is the tampines ave 10 site by CDL bought at 565psf ppr.

Most probably they will price their 1 bedders from mid 5xxk as well.

bargain hunter
13-11-17, 18:45
Then again, this is the cheapest new launch for 2017.
The next one will be the west coast vale site bought at 592psf ppr by china construction named Twin Views.
The other one with similar cost is the tampines ave 10 site by CDL bought at 565psf ppr.

Most probably they will price their 1 bedders from mid 5xxk as well.

yah. they will likely price it similarly at 1280psf if they are kind enough. haha. final 2 mass market projects after which there is no more.

Kelonguni
13-11-17, 19:54
Have. Wait 1 more Year and the enbloc sites will appear.

But the costs are close to 1KPSF!

bargain hunter
13-11-17, 20:05
Have. Wait 1 more Year and the enbloc sites will appear.

But the costs are close to 1KPSF!

yup, by the time the en bloc ding dong already H2 next year. only Parc Botannia and these 2 projects available for the next 10 months or so. Kingsford waterbay selling fast and small no. of units left in other projects are insufficient to feed the demand over the next 10 months.

bargain hunter
13-11-17, 20:08
gotta applaud them for not chut stunt like le quest, close showflat, raise prices for next phase, launch later. slow and steady release of units after 1st weekend launch is good.

azeoprop
13-11-17, 20:24
yah. they will likely price it similarly at 1280psf if they are kind enough. haha. final 2 mass market projects after which there is no more.

There are quite a few "mass market" sites in the reserve list yet to be triggered like:
Yishun ave 9 site beside symphony suites
Canberra drive site beside Canberra mrt
another triangular west coast vale site beside AYE

The land sale for next month in Dec will be interesting. Featuring a big commercial cum residential site right on top of buangkok mrt and a site beside HillV2 in hillview.

:beats-me-man:

bargain hunter
13-11-17, 20:34
There are quite a few "mass market" sites in the reserve list yet to be triggered like:
Yishun ave 9 site beside symphony suites
Canberra drive site beside Canberra mrt
another triangular west coast vale site beside AYE

The land sale for next month in Dec will be interesting. Featuring a big commercial cum residential site right on top of buangkok mrt and a site beside HillV2 in hillview.

:beats-me-man:

yes, indeed. problem is these condo units won't be up for sale till 2019. a strong bid for the buangkok site will simply accelerate sales at Parc Botannia.

i am also puzzled why those mass market sites on the reserve list has not been triggered. perhaps they are not near enough to the mrt?

bargain hunter
17-11-17, 15:30
230 caveats lodged for Parc Botannia. 10 out of 21 five bedders were sold at 1.616m to 1.898m!

reporter2
20-11-17, 22:10
Some 230 units of Parc Botannia sold at launch

The 735-unit project in Sengkang saw average selling price of $1,270 psf

NOV 13, 2017

CAI HAOXIANG


SINGAPOREANS thronging the weekend launch of Parc Botannia snapped up some 230 units of the Sengkang 99-year leasehold condominium over the weekend. The average selling price was S$1,270 per square foot.

Lee Sze Hao, chief executive officer of Sing Holdings, told The Business Times that the initial plan was to release 250 of the 735 units in the development for sale.

But better-than-expected demand led to about 50 more units being released, he said. Buyers were mostly locals.

"We were cautious with the quantum, and had made it such that people could afford to buy."

Parc Botannia is targeted to be completed by end-2021.

It will be built by a 70:30 joint venture between Sing Holdings and Wee Hur. They had clinched the site in a state tender in September last year, with a bid of S$287.1 million, or about S$517 per square foot per plot ratio (psf ppr).

The project offers a range of one to five-bedroom apartments with sizes spanning 431 sq ft to 1,679 sq ft. It is located next to the Thanggam LRT station, a few stops away from the Sengkang MRT station. The food street of Jalan Kayu is nearby, along with Seletar Mall.

Mr Lee said that the most popular units were one-bedroom, two-bedroom and four-bedroom units.

More than half of the 193 one-bedders in the entire development have been sold. They started from S$548,000.

He said he was pleasantly surprised at the performance of the four-bedroom units, which started from S$1.3 million and ranged from 1,130 to 1,507 sq ft.

About half of the 63 four-bedroom units in the entire development have been sold.

bargain hunter
15-12-17, 11:34
253 units sold at a median price of 1287psf in Nov.

azeoprop
16-12-17, 22:36
253 units sold at a median price of 1287psf in Nov.

That's about 35% sold. Not bad considering it the highest launch psf in sengkang. Surpassing the luxurie and la fiesta pricing during their launch last time.

bargain hunter
18-12-17, 07:46
That's about 35% sold. Not bad considering it the highest launch psf in sengkang. Surpassing the luxurie and la fiesta pricing during their launch last time.

again that is due to limited lower psf units all around singapore which is running out fast.

bargain hunter
23-01-18, 13:49
7 units sold last sun and 33 sold since 1st Jan. developers have raised prices by about 2% after realising that they r still the cheapest in the market lol.

azeoprop
24-01-18, 21:05
7 units sold last sun and 33 sold since 1st Jan. developers have raised prices by about 2% after realising that they r still the cheapest in the market lol.

We will see how twin views in west coast and the tapestry in tampines price their launch next month. Should be using Parc botannia as a guide for their pricing.

Currently the lowest psf new condo is Symphony suites at an average of 1034psf.

bargain hunter
24-01-18, 21:24
We will see how twin views in west coast and the tapestry in tampines price their launch next month. Should be using Parc botannia as a guide for their pricing.

Currently the lowest psf new condo is Symphony suites at an average of 1034psf.

yes, but that was launched before 2017? also, it started moving very quickly since Parc Botannia's launch and is almost all sold out. lol.

https://www.edgeprop.sg/property-news/buying-interest-symphony-suites-rises-december-project-90-sold

i think the guide price for tapestry in briefing to agents is average price of low 13xxpsf. that explains why PB raised its ASP from $1270psf by 2% to still < $1300psf.

i also saw unofficial guidance for twin views as ASP to fall between 1300 to 1400psf.

thomastansb
25-01-18, 20:40
And don't forget Luxurie and La Fiesta location is much better. Parc Botannia is at one of the worst location within Sengkang.




That's about 35% sold. Not bad considering it the highest launch psf in sengkang. Surpassing the luxurie and la fiesta pricing during their launch last time.

azeoprop
27-01-18, 22:15
yes, but that was launched before 2017? also, it started moving very quickly since Parc Botannia's launch and is almost all sold out. lol.

https://www.edgeprop.sg/property-news/buying-interest-symphony-suites-rises-december-project-90-sold

i think the guide price for tapestry in briefing to agents is average price of low 13xxpsf. that explains why PB raised its ASP from $1270psf by 2% to still < $1300psf.

i also saw unofficial guidance for twin views as ASP to fall between 1300 to 1400psf.

1300psf for mass market condo?! :samurai-killa::samurai-killa:

bargain hunter
27-01-18, 22:27
1300psf for mass market condo?! :samurai-killa::samurai-killa:

sorry but that's exactly the case now. there is no more cheaper land. oxley is eager to launch rio casa but i think in order not to jeopardise serangoon ville and base on the winning bid for GLS serangoon garden plot, can also expect them to sell at 14xxpsf.

thomastansb
27-01-18, 23:31
Now 1300psf. Nearing to TOP, will be 1450psf. Subsale will be 1600psf? Insane.




1300psf for mass market condo?! :samurai-killa::samurai-killa:

azeoprop
29-01-18, 19:15
Now 1300psf. Nearing to TOP, will be 1450psf. Subsale will be 1600psf? Insane.

Sounds like more cooling measures could be coming.

azeoprop
31-01-18, 15:10
Ok now the latest land bid for west coast vale site is 800psf ppr and the sembawang nee soon camp site is 681psf ppr. Unless they build attap houses prices for ocr will runaway. 😵

bargain hunter
31-01-18, 15:26
Ok now the latest land bid for west coast vale site is 800psf ppr and the sembawang nee soon camp site is 681psf ppr. Unless they build attap houses prices for ocr will runaway. ��

springside plot at 681psf can now claim to be the cheapest plot of 2019 (assuming Parc Botannia, Twin View and Tapestry sells out) hehehe. it needs to be able to sell at Parc Botannia's price just to be able to make a little.

star
01-02-18, 12:26
sorry but that's exactly the case now. there is no more cheaper land. oxley is eager to launch rio casa but i think in order not to jeopardise serangoon ville and base on the winning bid for GLS serangoon garden plot, can also expect them to sell at 14xxpsf.

Evergreen park next to rio casa only $700psf, Rio vista only $700 to $800psf... even 3yrs old condo parc vera is $950psf to $1000psf. Do u think resale condo value abit too low?

bargain hunter
01-02-18, 12:38
Evergreen park next to rio casa only $700psf, Rio vista only $700 to $800psf... even 3yrs old condo parc vera is $950psf to $1000psf. Do u think resale condo value abit too low?

i totally agree and i've discussed with friends about this phenomenon islandwide. there aren't many conclusions but our guesses are as had been discussed in another thread (i'm not sure which one, maybe bro kelonguni remembers):

1) People want brand new for one reason or another e.g. THEY SIMPLY LIKE IT NEW LIKE NO ONE STAYED IN BEFORE. others like no need to headache reno + the cost of reno. since all r 99, the lease is longer for the new condo.

2) Some may only have enough cash+cpf to pay the initial 20%. Its helpful that they continue earning and building up their savings while the new project is being constructed. The quantum difference is also not so great. E.g. a 1200 sq ft old 3 bedder condo at 800psf is $960k. A brand new 800sq ft+ 3 bedder at 1300psf+ is not > 1.1m. minus off the renovation cost for old condo, buyers may feel that its more worth it to buy the new but smaller condo (nevermind the psf). Even for investment, it may be easier to rent out the new and smaller condo than the old but bigger condo and at possibly higher rent too.

Kelonguni
01-02-18, 13:18
The shock therapy will come pretty soon. A new project can also help tide over temporary high vacancy periods (less headache) and may be easier to finance, with a more efficiently built layout (some too excessively efficient like washing machine under induction hood and hob). But modern lifestyles with a high dependency on micro-gadgets, flatscreen TVs, people eating out or using external laundry, these may be important (to some) but are not critical issues.

That being said, resales are indeed seriously underpriced and poised for a jawdropping breakout once the new sales are released in the second quarter.


i totally agree and i've discussed with friends about this phenomenon islandwide. there aren't many conclusions but our guesses are as had been discussed in another thread (i'm not sure which one, maybe bro kelonguni remembers):

1) People want brand new for one reason or another e.g. THEY SIMPLY LIKE IT NEW LIKE NO ONE STAYED IN BEFORE. others like no need to headache reno + the cost of reno. since all r 99, the lease is longer for the new condo.

2) Some may only have enough cash+cpf to pay the initial 20%. Its helpful that they continue earning and building up their savings while the new project is being constructed. The quantum difference is also not so great. E.g. a 1200 sq ft old 3 bedder condo at 800psf is $960k. A brand new 800sq ft+ 3 bedder at 1300psf+ is not > 1.1m. minus off the renovation cost for old condo, buyers may feel that its more worth it to buy the new but smaller condo (nevermind the psf). Even for investment, it may be easier to rent out the new and smaller condo than the old but bigger condo and at possibly higher rent too.

teddybear
01-02-18, 13:32
What? You never rent out brand new condo unit before?
Brand new condo unit always the most difficult to rent out because of so many competition (all the landlords also want to seek tenants at the same time)!
Even if can rent out also need to suffer huge rental $ cut to entice the tenant to sign on with you (and not with your neighbours)!


The shock therapy will come pretty soon. A new project can also help tide over temporary high vacancy periods (less headache) and may be easier to finance, with a more efficiently built layout (some too excessively efficient like washing machine under induction hood and hob). But modern lifestyles with a high dependency on micro-gadgets, flatscreen TVs, people eating out or using external laundry, these may be important (to some) but are not critical issues.

That being said, resales are indeed seriously underpriced and poised for a jawdropping breakout once the new sales are released in the second quarter.

bargain hunter
01-02-18, 13:42
The shock therapy will come pretty soon. A new project can also help tide over temporary high vacancy periods (less headache) and may be easier to finance, with a more efficiently built layout (some too excessively efficient like washing machine under induction hood and hob). But modern lifestyles with a high dependency on micro-gadgets, flatscreen TVs, people eating out or using external laundry, these may be important (to some) but are not critical issues.

That being said, resales are indeed seriously underpriced and poised for a jawdropping breakout once the new sales are released in the second quarter.

speaking of vacancy. New HDB rule today for 4room flats and above to cap the max occupants at 6 and no longer 9! will start a new thread on this.

Kelonguni
01-02-18, 15:58
What? You never rent out brand new condo unit before?
Brand new condo unit always the most difficult to rent out because of so many competition (all the landlords also want to seek tenants at the same time)!
Even if can rent out also need to suffer huge rental $ cut to entice the tenant to sign on with you (and not with your neighbours)!

I mean building in progress how to rent out?

Anyway, my new units are always amongst the first batch to be rented out. Even rental gap does not exceed 1 week.

teddybear
01-02-18, 16:01
Ok, in that case you must have been asking and accepting almost lowest rental $ compared to all your neighbors' asking! (since there will be so many wanting to rent out at the same time as well!)
Why so desperate then?


I mean building in progress how to rent out?

Anyway, my new units are always amongst the first batch to be rented out. Even rental gap does not exceed 1 week.

Kelonguni
01-02-18, 16:11
Not true. Never accept below market rates.

If you have a good unit chosen, no need to be scared about competition in the same development.


Ok, in that case you must have been asking and accepting almost lowest rental $ compared to all your neighbors' asking! (since there will be so many wanting to rent out at the same time as well!)
Why so desperate then?

bargain hunter
02-02-18, 14:23
6 more units sold last week after the 2% price increase bringing the total sold to 303 units.

azeoprop
02-02-18, 18:05
6 more units sold last week after the 2% price increase bringing the total sold to 303 units.

Seems to be on track to be sold out by end of 2018.

bargain hunter
02-02-18, 19:44
Seems to be on track to be sold out by end of 2018.

this project being Sing Holdings' only landbank and they seem disciplined and avoided bidding for anything at all recently, i think they are happy to sell slowly. i haven't seen them advertise on newspaper at all since the launch lol. then when others launch at higher prices they can simply increase their prices. i don't see any new projects intending to launch/re-launch at < 1300psf.

azeoprop
04-02-18, 22:25
this project being Sing Holdings' only landbank and they seem disciplined and avoided bidding for anything at all recently, i think they are happy to sell slowly. i haven't seen them advertise on newspaper at all since the launch lol. then when others launch at higher prices they can simply increase their prices. i don't see any new projects intending to launch/re-launch at < 1300psf.

Went through the ura data for units sold in Dec 2017. The top 3 cheapest median psf projects sold are:
1) Symphony Suites 1027psf 69 units unsold
2) The Alps residences 1124psf 46 units unsold
3) Parc Riviera 1223psf 23 units unsold

Once these sold out parc botannia will become the cheapest liao.

bargain hunter
05-02-18, 23:14
Went through the ura data for units sold in Dec 2017. The top 3 cheapest median psf projects sold are:
1) Symphony Suites 1027psf 69 units unsold
2) The Alps residences 1124psf 46 units unsold
3) Parc Riviera 1223psf 23 units unsold

Once these sold out parc botannia will become the cheapest liao.

yah lor. and those projects were launched in 2016. PB can rightly say they are the cheapest launch in 2017 and 2018 hee.

teddybear
06-02-18, 09:01
Good unit means first you must pay premium than your neighbours for the unit, then even if you get market rate your yield will still be lower than your neighbours?


Not true. Never accept below market rates.

If you have a good unit chosen, no need to be scared about competition in the same development.

Kelonguni
06-02-18, 10:56
I guess I was lucky. Always bought at a time when my price was lower or average instead.

My neighbour downstairs (same stack) paid 10K more than I did for one bought on first day of release. For the other, I bought at a decent discount after developer cut prices to move stocks. So I did not pay more than the average for it, even though it was not the lowest. Another was bought on 2006 when there was huge stocks available - no need to say more right?




Good unit means first you must pay premium than your neighbours for the unit, then even if you get market rate your yield will still be lower than your neighbours?

azeoprop
23-04-18, 23:26
Ura recorded 366 units sold which is about 50%

bargain hunter
24-04-18, 14:25
Ura recorded 366 units sold which is about 50%

yeah, sales picked up in the last 2 weeks.

bargain hunter
27-04-18, 15:14
378 caveats lodged means another 12 units sold in the past week.

azeoprop
27-04-18, 15:46
Now like panic buying has started.

bargain hunter
27-04-18, 18:06
Now like panic buying has started.

yah, suddenly in april, they are selling > 10 units every week. after people saw tapestry (sold at 1361psf average), rivercove ec snapped up. thousands throng twin vew showflat (prob 1350psf average?), even the price raised 1299psf parc botannia sounds psychologically attractive haha.

thomastansb
28-04-18, 00:22
Can't believe people are paying close to 1500psf for this location. lol

azeoprop
28-04-18, 08:31
Actually quite alot of 5xxk 1 bedders resale listed in property guru.

star
28-04-18, 09:12
Actually quite alot of 5xxk 1 bedders resale listed in property guru.

Which do u think is worth buying for the $5xxk? Can pm me?

bargain hunter
28-04-18, 09:34
Actually quite alot of 5xxk 1 bedders resale listed in property guru.

seems like for parc botannia, all the 5xxk units are sold and even the 6xxk 1+study now starts from 670k.

Kelonguni
28-04-18, 09:36
Actually quite alot of 5xxk 1 bedders resale listed in property guru.

A lot are not really listing, but fishing...

bargain hunter
28-04-18, 09:45
Can't believe people are paying close to 1500psf for this location. lol

but to be more accurate, there are still 12xxpsf bigger units that they are selling. the highest psf is 1463 and 1452 for the last 2 1 bedders and 1435 for a 2 bedder. the 377 units sold so far have a weighted average psf of 1276psf but i think most of the remaining units should be asking for > 1300psf by now.

bargain hunter
29-06-18, 16:33
PARC BOTANNIA FERNVALE STREET Condominium 28 OCR 99 years leasehold New Sale 1 $1,248,112 - 872sq ft Strata 16 to 20 1,432psf Jun-18

buyers are willing to pay a premium even though Riverfront is launching at 12xxpsf.

star
29-06-18, 16:41
PARC BOTANNIA FERNVALE STREET Condominium 28 OCR 99 years leasehold New Sale 1 $1,248,112 - 872sq ft Strata 16 to 20 1,432psf Jun-18

buyers are willing to pay a premium even though Riverfront is launching at 12xxpsf.

Surprise to see Riverfront residences is selling so low price. Curious to know what will be the sale like on 7 July for Riverfront...

azeoprop
29-06-18, 20:29
Surprise to see Riverfront residences is selling so low price. Curious to know what will be the sale like on 7 July for Riverfront...

I guess riverfront will only sell at that indicated price on the first day to create the hype. Then they will inch up the prices to slowly sell till top. Their land cost is 669psf ppr including the 10% balcony bonus. Their profit margin will be razor thin if all their units sell at that indicated price.

azeoprop
29-06-18, 20:37
428 units sold so far or 58% of total units.


PARC BOTANNIA FERNVALE STREET Condominium 28 OCR 99 years leasehold New Sale 1 $1,248,112 - 872sq ft Strata 16 to 20 1,432psf Jun-18

buyers are willing to pay a premium even though Riverfront is launching at 12xxpsf.

bargain hunter
30-06-18, 09:41
428 units sold so far or 58% of total units.

with this being their only project, they seem really happy to let it ride with the tide as still have 3+ years to sell from now.

on the other hand, riverfront should be as you said. they need to sell fast as they NEED to so they will use the first phase to entice buyers. chances are that the bulk of the remaining units will be sold from 13xxpsf.

bargain hunter
17-08-18, 20:35
new high quantum for this project set in July 2018:

PARC BOTANNIA FERNVALE STREET Condominium 28 OCR 99 yrs lease commencing from 2016 New Sale 1 $1,900,000 - 1,453sq ft Strata 16 to 20 1,308psf Jul-18

new high psf for this project set in July 2018:

PARC BOTANNIA FERNVALE STREET Condominium 28 OCR 99 yrs lease commencing from 2016 New Sale 1 $855,000 - 581sq ft Strata 16 to 20 1,471psf Jul-18

Sengkang Central project could help this project clear more units at 13xxpsf.

azeoprop
17-08-18, 22:05
I've notice extensive land clearing at the seletar west farmway area. Wonder what industrial area is coming up there.

bargain hunter
10-01-19, 06:55
Propnex has been officially appointed for Parc Botannia. Huttons is no longer the exclusive agency.

azeoprop
10-01-19, 20:13
Propnex has been officially appointed for Parc Botannia. Huttons is no longer the exclusive agency.

Only 468 units sold so far....vs 428 units in June 18.

Only 40 units sold since the last cooling measure.

bargain hunter
11-01-19, 05:32
Only 468 units sold so far....vs 428 units in June 18.

Only 40 units sold since the last cooling measure.

that's why developer not happy and has the right to appoint another agency? Huttons not hitting target for this project since the cooling measures.

bargain hunter
11-01-19, 11:08
Only 468 units sold so far....vs 428 units in June 18.

Only 40 units sold since the last cooling measure.

Propnex says Final Phase Released and All Units For Sales. Looks like they had some sort of deal with the developer to stop the "Not Released" veil. put all units on the market then we sell for u haha.

https://scontent.fsin4-1.fna.fbcdn.net/v/t1.0-9/50078599_2342123315808841_8545809309181673472_n.jpg?_nc_cat=102&_nc_ht=scontent.fsin4-1.fna&oh=c24274139f9e15e352479f6e27cc937e&oe=5CD0330A

thomastansb
13-01-19, 08:08
But to be fair, the location is so ulu. Nothing much there. Transportation also issue. And beside it, there is a condo that sell way cheaper than it just a couple of years back. Eg: They were selling 3xxk for their studio vs 5xxk in Parc Botannia.



that's why developer not happy and has the right to appoint another agency? Huttons not hitting target for this project since the cooling measures.

bargain hunter
13-01-19, 14:25
But to be fair, the location is so ulu. Nothing much there. Transportation also issue. And beside it, there is a condo that sell way cheaper than it just a couple of years back. Eg: They were selling 3xxk for their studio vs 5xxk in Parc Botannia.

but PB's own studios are already sold out and most of the 1+study are also sold out. there are only 9 units of 1+study left at PB and they are from 713k.

there are 20 sub sales at high park residences in 2018 ranging from 1081psf to 1350psf. 6 tiniest 1 bedders at 388 and 398sq ft were resold at between 480k to 515k.

azeoprop
20-01-19, 23:13
but PB's own studios are already sold out and most of the 1+study are also sold out. there are only 9 units of 1+study left at PB and they are from 713k.

there are 20 sub sales at high park residences in 2018 ranging from 1081psf to 1350psf. 6 tiniest 1 bedders at 388 and 398sq ft were resold at between 480k to 515k.


Wow those high park owners who got their ballot were like winning toto. 100k profit in their pocket ha ha.

Arcachon
21-01-19, 07:55
Wow those high park owners who got their ballot were like winning toto. 100k profit in their pocket ha ha.

That is the reason they get Propnex to sell.

Property can sell better with human not internet.

Land cost increase 100%, anyone bought 7 years ago sure make money.

bargain hunter
21-01-19, 12:37
Wow those high park owners who got their ballot were like winning toto. 100k profit in their pocket ha ha.

so far 21 units have been flipped out. psf of the 20 sub sales in 2018 range from 1081 to 1350psf. 18 of these were done from August to December 2018. Cooling measures doesn't deter genuine demand.

bargain hunter
07-05-19, 19:16
Sing Holdings' announced that about 81% of Parc Botannia has been sold. Pace of sales seem to have improved tremendously since the introduction of Propnex as a competing marketing agency to Huttons. lol.

bargain hunter
18-02-20, 23:20
https://www.businesstimes.com.sg/companies-markets/sing-holdings-posts-305-jump-in-2019-earnings-of-s454m

99% sold!

"Sing Holdings has an ongoing private condominium development at Fernvale Road known as Parc Botannia, which is a 70:30 joint venture between the group and Wee Hur Development. Approximately 99 per cent of Parc Botannia units have been issued options to purchase, amounting to sales value of about S$722.1 million. Revenue from sales will continue to be recognised progressively over time based on construction progress, the group said."

azeoprop
19-02-20, 20:50
Well, its the cheapest new launch in the market with LRT at the doorstep, future supermarket and coffeeshop in bto next door plus jalan kayu eateries and seletar mall nearby.

bargain hunter
24-02-20, 19:53
Well, its the cheapest new launch in the market with LRT at the doorstep, future supermarket and coffeeshop in bto next door plus jalan kayu eateries and seletar mall nearby.

Real Estate Solutions Team
32 mins ·
Dear all, Parc Botannia *left 1 last unit* #20-31.

Don’t let this last gem slip away!

3 units sold today!

If any potential buyer please let us know ASAP!

Arcachon
28-02-20, 06:53
https://scontent.fsin4-1.fna.fbcdn.net/v/t1.0-9/87965221_3118294368191728_7774766369203027968_n.jpg?_nc_cat=100&_nc_sid=110474&_nc_ohc=RuMjuUzbEbAAX_8FVFk&_nc_ht=scontent.fsin4-1.fna&oh=5bcd45873a8706519c9780f26ecdf8f9&oe=5F002FA8

bargain hunter
28-02-20, 20:05
aiyah, later some pple will still say fake one lah, still got many options not exercised, keep being re-issued etc. lol.

bargain hunter
28-02-20, 21:17
Wee Hur who is the main contractor and also owns 30% of the developer said this in their results release today:

We are pleased to announce to date, that the Group’s co-developing development, Parc Botannia, 100% of the units have been issued option to
purchase. The construction is in progress and is expected to be completed by 2020.

azeoprop
05-03-20, 18:52
Wee Hur who is the main contractor and also owns 30% of the developer said this in their results release today:

We are pleased to announce to date, that the Group’s co-developing development, Parc Botannia, 100% of the units have been issued option to
purchase. The construction is in progress and is expected to be completed by 2020.

Congrats! Well its the cheapest new condo witg right attributes like doorstep lrt coffeeshop and supermarket next door, 24hr jalan kayu and seletar mall 1 lrt stop away.

azeoprop
05-03-20, 18:54
Will watch closely how the developers of canberra parcel A and B price their projects. They got their land at good price of. Around 650psf ppr

bargain hunter
06-03-20, 14:50
Will watch closely how the developers of canberra parcel A and B price their projects. They got their land at good price of. Around 650psf ppr

PB developer narrowly missed for the EC plot at fernvale but sat out of the canberra plots.

bargain hunter
06-03-20, 14:51
PB developer narrowly missed for the EC plot at fernvale but sat out of the canberra plots.

and their partner MCC came in 2nd whoever they partnered for all 3 plots!