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Arcachon
10-09-20, 09:51
The Ryse Residences at Pasir Ris MRT

https://pasirriscentral.residencessingapore.com/files/folder_web_2174/images/image-location-zFo000.jpg

https://pasirriscentral.residencessingapore.com/files/folder_web_2174/images/location-Lem500.JPG

Arcachon
10-09-20, 09:55
The only other shortlisted tenderer, Far East Organization, bid nearly S$677.78 million, translating to S$662.75 psf ppr.

https://www.srx.com.sg/singapore-property-news/53032/kuok-group-plans-mall-and-480-apartments-on-pasir-ris-site?utm_medium=TheBusinessTimes

https://scontent.fsin3-1.fna.fbcdn.net/v/t1.0-9/118951348_10219816339891862_2335840889221154662_o.jpg?_nc_cat=103&_nc_sid=730e14&_nc_ohc=-eOMpSUHxogAX-9sT3h&_nc_ht=scontent.fsin3-1.fna&oh=5a60e4dab5b4d28919f627c7a08b4cac&oe=5F808B4F

Arcachon
10-09-20, 10:00
https://www.businesstimes.com.sg/sites/default/files/styles/large_popup/public/image/2019/03/23/BT_20190323_KRTENDER23_3732490.jpg?itok=uGrtBnU9

https://www.businesstimes.com.sg/real-estate/kuok-group-plans-mall-and-480-apartments-on-pasir-ris-site

Arcachon
10-09-20, 10:03
https://scontent.fsin3-1.fna.fbcdn.net/v/t1.0-9/119060637_10219816432934188_1894027894173491751_o.jpg?_nc_cat=102&_nc_sid=730e14&_nc_ohc=FL0IcSqT7S4AX-oy2A2&_nc_oc=AQk1vr2r8siBMHLk6Iq4PjMxi0JDPJJpR_iGv6BXbevA49nLA4Ffmbd1SbwxIwpit3Q&_nc_ht=scontent.fsin3-1.fna&oh=1a7ddeca197cee7b087137a8214e51d7&oe=5F7DB9FE

https://www.straitstimes.com/sites/default/files/styles/article_pictrure_780x520_/public/articles/2019/03/24/pasir_ris.jpg?itok=Icx2Peu5&timestamp=1553427007

https://www.straitstimes.com/business/property/pasir-ris-white-site-clinched-by-allgreen-properties-kerry-properties-tie-up

SINGAPORE - The Housing & Development Board (HDB) has awarded a white site next to Pasir Ris MRT Station to Phoenix Residential Pte Ltd and Phoenix Commercial Pte Ltd. Both companies are owned by a joint venture between Allgreen Properties and Kerry Properties - the two companies are part of the Kuok Group of Companies controlled by Malaysian tycoon Robert Kuok.

Their winning bid is nearly $700 million, which works out to $684.48 per square foot per plot ratio (psf ppr) based on the total gross floor area of 1.02 million sq ft.

The dual envelope concept and price revenue tender for the 99-year leasehold plot closed on Dec 14, 2018, attracting three bids.

mcmlxxvi
10-09-20, 19:14
Any expected sell pricing from your land bid / developer cost estimate calculations?

1500psf??

Arcachon
10-09-20, 22:43
Any expected sell pricing from your land bid / developer cost estimate calculations?

1500psf??

Just think you are the developer what will you price?

mcmlxxvi
13-09-20, 17:47
Just think you are the developer what will you price?

2000psf no less, because terminal MRT sure can get seat!!!

2000psf no less, because huge mangrove and park within 100m walk!

2000psf no less, because beach within 200m walk!!

2000psf no less, because hot BTO nearby!!!

2000psf no less, because Eunos already 1900psf!!!!!!!

2000psf no less, because super near Changi Airport and future T5 T6 T7 T8 T9!!!

2000psf no less, because unlimited air crew to rent to in future!!!!!!

2000psf no less, because it will be the next GRC to be won over by WP!!!!