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View Full Version : Newton Edge (D9, Freehold, Macly)



Brandon-Huttons-9852 5624
07-11-08, 17:40
New Project Launching

@

MAKEWAY AVENUE
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Walking Distance to Newton MRT??
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Mintues to Orchard Shopping Belt & Newton Food Centre??
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Looking for High Rental Yield Yet Affordable Investment Sum @ Prime Location from $6xxk ??
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Look no Further as Up & Coming!!!
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D.09 NEWTON EDGE
FREEHOLD

http://sg.88dbmedia1.jobsdb.com/sg_UploadFiles/2008/11/06/12993649-1745-48C4-A9A5-CD0A222DD45A.jpg

103 Units + 1 Townhouse Development

(1 bedroom/ 1+Study / 2 Bedrooms Development )



Special Bank Loan Package (Easy Payment Scheme)

5% Cash + 15% Cash &/or CPF & Nothing till TOP



To Recieve First Hand Information & Floor Plans.

Please Register Interest

via

Sms / Call me @ 9852 5624

or Alternatively

email me @ [email protected]

(With Subject : Newton Edge @ Makeway Avenue)



Developer's Marketing Team

Brandon Huttons

Hotline : +65 9852 5624

Email : [email protected]

www.SGRE.com.sg

Question
07-11-08, 20:55
Pictures? .....

Brandon-Huttons-9852 5624
07-11-08, 21:14
coming up soon...please do pm me your email address.

So that i can add you to my mailing list.

thanks & regards,
Brandon Huttons
Hp: 9852 5624
Email : [email protected]

Sinclone
14-11-08, 02:43
103 units development launching soon at 396 River Valley Road.

More information coming up as launch draws nearer.

Please check back often for latest updates.

Property Size and Value
Property Size 0.00 ft²
Number of Units 103
Property Tenure To be Confirm
Property Age New Launch

Location/Vicinity
http://assetomgt.com/realty/images/stories/newtonedge/newtonedgefirstmap.jpg

check www.assetomgt.com for updated info

Brandon-Huttons-9852 5624
17-11-08, 12:33
http://www.jamiyah.org.sg/images/new.gif
(http://www.sgre.com.sg/projects/Newton%20Edge/index.aspx)D.09 Newton Edge @ 1 - 5 Makeway Avenue
(Near to Newton MRT)

Tenure : Freehold TOP expected : Late 2011
http://www.sgre.com.sg/projects/Newton%20Edge/images/newton/image1.jpg (http://www.sgre.com.sg/projects/Newton%20Edge/index.aspx)


2 Buildings of 13/19 Storeys High comprising of 103 Residential units
( Preview Coming Real Soon!! Register Your Interest Now!!! )


UNIT SIZE

1 Bedroom - 441 -713 sqft - From only $6xxk!!
1 + Study - 581 sqft - From only $7xxk !!
2 Bedrooms - 624 - 807 sqft - From only $8xxk!!
2 + Study - 915 sqft - From only $1.x Mil

8 PENTHOUSES
2 Bedrooms With Pte Jacuzzi - 786 - 1281 sqft - From only $1.x Mil x 6 Units Only
3 Bedrooms With Pte Jacuzzi - 1066 & 1464 sqft - From only $1.x Mil x 2 Units Only

& Last But not Least ONLY 1 Exclusive & Unique Strata House
4 + 1 + 1 Bedrooms With Pte Pool - 9464 sqft (Est. Price TBC)

( Email me for E-brochure or Click [HERE] (http://www.sgre.com.sg/projects/Newton%20Edge/index.aspx) for Floor Plans )


Excellent Selling Points

* Within 8-10 mins walk to Newton Mrt
* ( Near Famous Food Centre - Newton Hawker Centre )
* Near United Square / Hooper Park / Novena Square
* Minutes Drive / MRT Ride to ORCHARD & CBD AREA
* High Rental Yield of Above 5% / Expats Favourite / City Living
* 5%+15% downpayment & NO MORE Payments till TOP with UOB BANK


IMPORTANT TO YOU!!!
Call / sms me @ 9852 5624 for Details
or
email me @ [email protected] for details



Developer's Sale Staff
Brandon Tong
Hp: 9852 5624
[email protected]
www.SGRE.com.sg

Brandon-Huttons-9852 5624
17-11-08, 23:45
Excellent Location Hurry Call Now!!

Brandon Huttons9852 5624

http://www.sgre.com.sg/projects/Newton%20Edge/images/newton/locationmap.jpg (http://www.sgre.com.sg/projects/Newton%20Edge/index.aspx)

Brandon-Huttons-9852 5624
19-11-08, 16:40
Hi All,

For all those who had been following this thread.

Newton Edge
$psf Range is from $11xx psf - $13xx psf

FOR PENTHOUSE LOVERS

http://sg.88dbmedia2.jobsdb.com/sg_UploadFiles/2008/11/18/38DA3784-3F6F-4D0F-B320-305B18FA9A59.jpg (http://www.sgre.com.sg/projects/I%20Residences/index.aspx)

Showflat Preview is oncoming on NEXT Friday 27th November 08
(Please call/email to double confirm as it is subject to changes)

Regards,
Developer's Sale - Core Team
Brandon Huttons
Hp : 9852 5624
Associate Director
[email protected]
www.sgre.com.sg

Brandon-Huttons-9852 5624
19-11-08, 17:45
D.09 Newton Edge @ 1-5 Makeway Avenue

The 1 & only 1 Strata House in D.09Newton Edge

Freehold Priced affordablely @ only $4.x Million



http://sg.88dbmedia1.jobsdb.com/sg_UploadFiles/2008/11/19/D0C208BF-5EE0-4831-9026-1C192FA5ED6B.jpg (http://www.sgre.com.sg/projects/Newton%20Edge/index.aspx)
Click [HERE] (http://www.sgre.com.sg/projects/Newton%20Edge/index.aspx) to see the website or Click [HERE] (http://www.sgre.com.sg/projects/Newton%20Edge/strata.htm) to see the Floor Plans


Call / sms 9852 5624 for more Info / Details

or

Email me @ [email protected]



DEVELOPER'S SALES - CORE TEAM

Brandon Huttons

Hp : 9852 5624

Associate Director

[email protected]

www.SGRE.com.sg

Sinclone
20-11-08, 02:54
http://assetomgt.com/realty/images/stories/newtonedge/logo.jpg
Private New Launch For Sale
http://assetomgt.com/realty/images/stories/newtonedge/main.jpg

Newton Edge @ Makeway Road
A Long Awaited Project... Its Finally Launch
Include 1 / 1+study / 2 / 2+Study / 2 bedroom penthouse / 3 bedroom penthouse / 1 unit 4 +1 strata house
Register your interest now and Get earliest VIP invite for showflat viewing
Prices Starting from high $5xxk up

http://assetomgt.com/realty/images/stories/newtonedge/long4.jpg
http://assetomgt.com/realty/components/com_estateagent/pictures/tea1226983991.jpghttp://assetomgt.com/realty/components/com_estateagent/pictures/tea1226983917.jpghttp://assetomgt.com/realty/components/com_estateagent/pictures/tea1226983938.jpghttp://assetomgt.com/realty/components/com_estateagent/pictures/tea1226983864.jpghttp://assetomgt.com/realty/components/com_estateagent/pictures/tea1226984169.jpghttp://assetomgt.com/realty/components/com_estateagent/pictures/tea1226984072.jpg

A luxurious freehold development with an exclusive strata house with private pool and two towers of 104 units, sited at the prestigious District 9. Modern architecture with sleek lines and clean design, tastefully reflects the owners' sophisticated lifestyle.

Price Starting from $11xx psf to $13xx psf. Excellent investment development. Unblock View Penthouse units HOT for grab.

Call 6100 0023 for Jerry/Joseph for more details.
For floorplans and brochures, please visit
http://assetomgt.com/realty/property/projects/Newton%20Edge

Register your interest with us today for first VIP Preview invitation

http://assetomgt.com/realty/images/stories/newtonedge/long2.jpg

http://www.assetomgt.com/realty/images/huttonlogo.jpg (http://www.assetomgt.com)
Realty Assets Management Singapore by Huttons Groups (www.assetomgt.com)

mengwee
22-11-08, 10:46
Who is developer?:)

Brandon-Huttons-9852 5624
22-11-08, 12:00
Who is developer?:)

Hi MengWee,

Developer is Macly

Past Projects :
Under Construction & 100% Sold out
D.11 Vutton (Zedge) , D.08 Suites 123 , D.08 Suites@Owen, D.09 Wilkie80, D.15 Suites@Amber, D.19 Thomson V1 & V2, D.05 WestMont

Completed Projects : 100% Sold out as well.
D.09 Mackenzie 138
D.11 Medge
D.15 Estique


You can check out their projects info @ my website www.SGRE.com.sg (http://www.sgre.com.sg)


Best Regards,
Developer's Sales - Core Team
Brandon Huttons
Hp: 9852 5624
Associate Director
www.SGRE.com.sg (http://www.sgre.com.sg)

mengwee
22-11-08, 14:27
Tks. Any idea if they are part of some bigger group? :)

Brandon-Huttons-9852 5624
22-11-08, 18:06
Tks. Any idea if they are part of some bigger group? :)


Hi Meng Wee,

They are not big boys like CDL, FAR EAST, CApital land etc,

Macly is a small time developer.

But they priced it reasonably, so to make this project a moving project.

BEst Regards,
Brandon Huttons

mengwee
23-11-08, 15:19
Yes, smaller developers must be more careful to watch their debt.

Brandon-Huttons-9852 5624
23-11-08, 15:58
Yes, smaller developers must be more careful to watch their debt.

Yup Yup, in a way, they are priced to sell rather than to hold.

Do drop by on the preview of Newton Edge on 28th Nov 2008.

Please do give me a call @ 9852 5624 or email me @ [email protected] if you happen to drop by & have a look.


Best Regards,
Project Sales - Newton Edge Core Team
Brandon Hutons
Hp: 9852 5624
Associate Director
www.SGRE.com.sg (http://www.sgre.com.sg)

mengwee
24-11-08, 15:29
Thanks.

Can you show me how you know this?

quote:

Completed Projects : 100% Sold out as well.
D.09 Mackenzie 138
D.11 Medge
D.15 Estique

Brandon-Huttons-9852 5624
24-11-08, 17:54
Thanks.

Can you show me how you know this?

quote:

Completed Projects : 100% Sold out as well.
D.09 Mackenzie 138
D.11 Medge
D.15 Estique

Hi MengWee,

Most Huttons Agents will know because all these projects are being marketed by Huttons.

& so naturally I can tell you the background of this developer well.:)

Preview will be on 28th Nov 2008, Friday @ 10am.

Please do give me a call @ 9852 5624 for appointment.

Best Regards,
Brandon Huttons
Hp: 9852 5624
www.SGRE.com.sg

Petmail
29-11-08, 02:04
Dear All,

The Super VIP Preview was a super success and still limited units are up for grabs!!!


Price Starts from $575k!!!!!

Call
82818888
For YOUR Immediate Preview Appointment Before The End Of This Weekend!!!!!

dtrax
29-11-08, 09:03
lol how many units sold so far?

Brandon-Huttons-9852 5624
29-11-08, 21:48
lol how many units sold so far?


Hi Dtrax,

Sold close to 30 units out of 103 units + 1 Strata House.

Penthouse all SOLD!!!

Choice Units are Going Real Fast!!

Simple : Priced to Sell & Prime Location @ a Affordable Price!!

Still not convinced?? Drop by to the showflat & we will show you the answer!!

Make your appointment now!!

**Please do email me your with Subject : Project Updates/NAME & Mobile No. to be on my mailing list for NEW Projects updates & 1st hand info on yet to be launched projects**

Regards,
Projects Specialist
Brandon Huttons
Hp: 9852 5624
[email protected]
www.SGRE.com.sg

Petmail
02-12-08, 00:10
close 50% sold from 3 days!!!

HURRY!!!

:)
Pet

KT@AR
07-12-08, 22:56
any idea how many units out of 103 sold so far?

Brandon-Huttons-9852 5624
12-12-08, 14:35
Penthouse ALL SOLD!!

1 Bedroom => Last Few Units!!

1+Study => SOLD OUT!!

2 Bedroom => Choice Units Selling Fast!!

2+ Study => Last Few Units!!


Please Do Call/sms for Updates or Email me for more information & appointments.


Regards,
Brandon Huttons
Hp: 9852 5624
[email protected]
www.SGRE.com.sg

mr funny
18-02-09, 18:05
http://www.businesstimes.com.sg/sub/news/story/0,4574,319573,00.html?

Published February 18, 2009

Some Alexis buyers offer units in subsalemarket

Other developers try to ride buying wave by relaunching units at lower prices

By KALPANA RASHIWALA


(SINGAPORE) The Alexis condo sold like hot cakes last week and now a few buyers at the fully sold project are trying to flip their units in the subsale market, notwithstanding the fact that Singapore is in the throes of its worst recession.

http://www.businesstimes.com.sg/mnt/media/image/launched/2009-02-18/BT_IMAGES_KRACTIVE18.jpg
A better deal: Several developers are trimming prices to give buyers an incentive to commit to a purchase. This weekend, GuocoLand will relaunch The Quartz condo near Buangkok MRT Station with a price cut of nearly 10%

These buyers are seeking prices about $100 per square foot above what they had paid, translating to a net gain of around 10 per cent, property agents estimate.

Ripples from the strong sales momentum generated for the 293-unit freehold condo, comprising mostly smallish units costing between $420,000 and $800,000, spread to showflats of several other small and mid-sized developers. Some of them trimmed prices to give buyers an incentive to commit to a purchase.

The mini home-buying wave sparked earlier this month by Frasers Centrepoint's launch of its Caspian condo in the Jurong Lake District, has led other developers to speed up launch plans for new projects, or to relaunch existing ones, with a price cut.

This weekend, GuocoLand will relaunch The Quartz condo near Buangkok MRT Station with a price cut of nearly 10 per cent.

The 625-unit, 99-year leasehold project is slated to receive Temporary Occupation Permit in a few months and is left with 182 units. For a start, GuocoLand is likely to push out about 60-odd units, all three-bedders and most of which will cost below $650,000. The average price of the units to be relaunched will be about $595 psf, compared with an average price of $650 psf that GuocoLand was selling the project at during the height of the market in 2007.

The project is being marketed by CB Richard Ellis and ERA.

In the River Valley area, Fortune Development has sold 12 units at RV Suites since Saturday. The 96-unit freehold project's average price is $1,300 psf and most of the units are smallish, at about 500 to 550 sq ft and cost about $630,000 to $730,000. This brings total sales in the seven-storey project to 42 units, according to Fortune general manager Victor Soh.

Over in the Shelford Road area, East Coast Properties sold 14 units at D'Chateau @ Shelford during the weekend at an average price of about $1,000-1,100 psf. Units cost between $900,000 (for a three-bedroom apartment) and $1.7 million (for a penthouse). About half or 16 of the total 31 apartments in five-storey freehold project are now sold, said the company's managing director Alvin Ng.

Macly Capital is also said to have sold about 10 units over the weekend at Newton Edge.

Property market watchers say specuvestors may have been drawn to Alexis, near Queenstown MRT station, by developer EC Prime's decision to offer buyers an interest absorption scheme without charging any premium (usually buyers have to pay about 3 per cent more for such schemes), as well as the relatively affordable investment sums for the mostly smallish units.

However, EC Prime's director Melvin Poh refuted talk in some quarters that the company generated demand from agents who bought units, and that a substantial number of buyers picked up multiple units.

'We have checked our sales records; there were only two families that bought multiple units - one family bought five units, and the other, three units. The rest of the buyers all picked up one unit each.

'If agents from Huttons (Alexis's marketing agent) or their close relatives bought, they would have to declare to us, and so far there have been none,' Mr Poh said.

Alexis's buyers were mostly Singaporeans and EC Prime, a joint venture between Yi Kai Group and Fission Group, has given them up to three weeks to decide whether they would like to opt for the interest absorption scheme (IAS).

Buyers had to pay 5 per cent of the purchase price when they booked a unit, that is, when they were issued an option by the developer. Eight weeks later, they will have to pay up another 15 per cent, with no further payment (under IAS) until the project receives Temporary Occupation Permit in about three years.

Those who do not exercise their options will forfeit a quarter of their 5 per cent deposit. For a $500,000 unit, that will amount to $6,250.

Those who buy on IAS will have to immediately sign up for a home mortgage with United Overseas Bank, and the credit assessment is expected to sift out financially weak buyers.

'Alexis has drawn investors. Based on our sale prices, they could earn about 5-6 per cent yield from renting their units, given the location near an MRT station close to town,' Mr Poh said.

Acer
12-03-09, 11:13
today saw an advertisement on Newton Edge condo for sale
Buyer returned back

700Sq ft at 883 k

but is on 04-04

is like kong si -- kong si in hokkien

mcmlxxvi
22-10-09, 16:39
:scared-4: 3 Makeway Avenue #04-08
Freehold
$1512
463
$700k
07 Aug 09
3 Makeway Avenue #03-06
Freehold
$1285
506
$650k
26 May 09
1 Makeway Avenue #04-04
Freehold
$1129
700
$790k
14 Apr 09
1 Makeway Avenue #07-04
Freehold
$1229
700
$860k
13 Apr 09
1 Makeway Avenue #03-02
Freehold
$1093
915
$1000k
07 Apr 09

Regulators
02-05-10, 17:03
Any views of this project at current prices? I feel there may be further upside potential to project, what do u guys say?

devilplate
02-05-10, 17:12
Any views of this project at current prices? I feel there may be further upside potential to project, what do u guys say?

Not sure about the potential upside...but the layout no gd and smallish, alot of units facing direct noon sun although developer giving special tinted glass for better IRR rejection. Not much view.

Quite walkable to MRT and much cheaper den MIRO when they launch.
It was launched at ard 1200-1300psf.

Regulators
02-05-10, 17:18
i was thinkng of the upside when comparing to projects like Parvis and Trizon, which which are in a less posh area and already selling at 16xxpsf (although the latter is brand new in a few years). I always consider newton to be a much better area than holland, with projects like ford, viz@ holand etc.


Not sure about the potential upside...but the layout no gd and smallish, alot of units facing direct noon sun although developer giving special tinted glass for better IRR rejection. Not much view.

Quite walkable to MRT and much cheaper den MIRO when they launch.
It was launched at ard 1200-1300psf.

devilplate
02-05-10, 18:06
i was thinkng of the upside when comparing to projects like Parvis and Trizon, which which are in a less posh area and already selling at 16xxpsf (although the latter is brand new in a few years). I always consider newton to be a much better area than holland, with projects like ford, viz@ holand etc.

I am not too familiar with the current prices at Newton. Newton Edge may have some upside when it TOP. Just be careful on choosing the right layout. Mostly not quite livable and looks smallish on flrplan oredi...u might get a shock when it TOP.

This 2+study layout still looks presentable. If below 1600psf for mid-high flr...looks not bad. Check it out..hope it helps..
http://www.propertyguru.com.sg/listing/787045/for-sale-newton-edge

Regulators
03-05-10, 01:26
thanks for ur advice on layout, but when i went down to the site today, i am quite uncomfortable that an old project (Makeway View) is blocking Newton Edge. I somehow feel the other side of the canal where newton edge is appears like a poorer neighbourhood compared to the side where Rochelle, Miro and the entire cluster of condos including Lincoln Suites etc is. If you actually go down to the actual site, you can actually sense the difference in class between both sides. The side where newton edge is is priced at between 1500-1600psf whereas just across the canal is priced at 1800-1900psf. If you walk just a short way (just 5 minutes walk away) to newton road where trilight, L'Viv and Newton One are, you will find the prices there $2000psf and above for the new projects. I spoke to a Wing Tai Manager today and he told me L'Viv is priced historically high in that area compared to the other side (with Miro, Newton Edge etc) because of the address. All the condos that i have mentioned are just 5 minutes from one another. If you are talking about those condos within that same location, I think it is obvious which is the best buy. i have yet to do an analysis of the older projects in that cluster where Lincoln Rd is but I would think any one of them would be a better buy than the new ones sprouting up in the neighbourhood.


I am not too familiar with the current prices at Newton. Newton Edge may have some upside when it TOP. Just be careful on choosing the right layout. Mostly not quite livable and looks smallish on flrplan oredi...u might get a shock when it TOP.

This 2+study layout still looks presentable. If below 1600psf for mid-high flr...looks not bad. Check it out..hope it helps..
http://www.propertyguru.com.sg/listing/787045/for-sale-newton-edge

jlrx
03-05-10, 01:47
thanks for ur advice on layout, but when i went down to the site today, i am quite uncomfortable that an old project (Makeway View) is blocking Newton Edge. I somehow feel the other side of the canal where newton edge is appears like a poorer neighbourhood compared to the side where Rochelle, Miro and the entire cluster of condos including Lincoln Suites etc is. If you actually go down to the actual site, you can actually sense the difference in class between both sides. The side where newton edge is is priced at between 1500-1600psf whereas just across the canal is priced at 1800-1900psf. If you walk just a short way (just 5 minutes walk away) to newton road where trilight, L'Viv and Newton One are, you will find the prices there $2000psf and above for the new projects. I spoke to a Wing Tai Manager today and he told me L'Viv is priced historically high in that area compared to the other side (with Miro, Newton Edge etc) because of the address. All the condos that i have mentioned are just 5 minutes from one another. If you are talking about those condos within that same location, I think it is obvious which is the best buy. i have yet to do an analysis of the older projects in that cluster where Lincoln Rd is but I would think any one of them would be a better buy than the new ones sprouting up in the neighbourhood.

Your instinct is right.

Newton Circus is like the Taoist Trigram "Bagua". The condos may be just 5 minutes from one another but they are very different.

http://ctngreen.com/blog/wp-content/uploads/2009/04/bagua_black_and_white.gif

bunnipet
19-11-10, 15:43
Hi...

I am keen to consider purchasing one unit at Newton Edge.
Understand that the prices are fast going up more than
$1700 psf.

Any advise whether this would be a unit worth investing?

Cheers!

Regulators
20-11-10, 13:38
location of this project is good, but the planters and wasted space you are paying for will put you off buying, just take a look at the floorplan and u know what i am talking about


Hi...

I am keen to consider purchasing one unit at Newton Edge.
Understand that the prices are fast going up more than
$1700 psf.

Any advise whether this would be a unit worth investing?

Cheers!

bunnipet
20-11-10, 21:38
Thanks Regulator! Din realise that they have added quite a bit of planter and balcony!

Well it is more for an investment and one of my concern is whether the rent would be substantial or not as well. But following this thread, it does appear
that there is some differentiation just across the canal!

Regulators
21-11-10, 17:40
newton area the rental differs greatly walking just a few steps. the side where L,Viv and One Newton is, the rental tends to be a bit higher. The side where Gloucester Mansion and the condos inside, the rental is lesser. across the canal to makeway and newton edge side, the rental will be even lesser i think.


Thanks Regulator! Din realise that they have added quite a bit of planter and balcony!

Well it is more for an investment and one of my concern is whether the rent would be substantial or not as well. But following this thread, it does appear
that there is some differentiation just across the canal!

hyenergix
22-11-10, 16:50
At the Newton and Novena areas there are quite a lot of condos for rentals purpose which will TOP in 1-2 years' time. We don't have so many HQs or companies in these areas, so it is quite risky to get one to rent out at these psf. And we haven't considered those condos around River Valley which are closer to the business districts which will also TOP in the next few months...

DKSG
22-11-10, 21:19
At the Newton and Novena areas there are quite a lot of condos for rentals purpose which will TOP in 1-2 years' time. We don't have so many HQs or companies in these areas, so it is quite risky to get one to rent out at these psf. And we haven't considered those condos around River Valley which are closer to the business districts which will also TOP in the next few months...

I am sure you can do better than such generic comments.

How many condos going to TOP ?

Off the cuff I can name the below : (either going to or just TOP with 6-9 mths)
Lucida
Zedge
Soleil
Mulberry
Newton Edge
Viva (maybe more than 6-9 mths)
The Linc (??)
Rochelle
Montebleu (TOP-ed)

Other condos in River Valley

Trillium
Tribeca (TOP 6 mths ago)
Martin Place Residences
Vivace
Luma
Martin 38
Waterford (TOP-ed)

Other areas :
Lumiere
1 Shenton
The Clift
8 Napier
parkview eclat
The Marq
and many more, please feel free to add onto the list ...

And the list goes on and on ... I estimate that within the past 6-9 mths and the next 6-9 mths there are at least 10,000 units TOP.

As u rightfully pointed out ... do we have so many expats flocking to our country ?

Anyone got expats moving into Sg statistics ?

Regulators
13-01-11, 22:43
http://cdn.propertyguru.com.sg/images/thumb/8/c/9/c/8c9cbd3375084_1_V550.jpg

hyenergix
14-01-11, 05:09
I am sure you can do better than such generic comments.

How many condos going to TOP ?

Off the cuff I can name the below : (either going to or just TOP with 6-9 mths)
Lucida
Zedge
Soleil
Mulberry
Newton Edge
Viva (maybe more than 6-9 mths)
The Linc (??)
Rochelle
Montebleu (TOP-ed)

Other condos in River Valley

Trillium
Tribeca (TOP 6 mths ago)
Martin Place Residences
Vivace
Luma
Martin 38
Waterford (TOP-ed)

Other areas :
Lumiere
1 Shenton
The Clift
8 Napier
parkview eclat
The Marq
and many more, please feel free to add onto the list ...

And the list goes on and on ... I estimate that within the past 6-9 mths and the next 6-9 mths there are at least 10,000 units TOP.

As u rightfully pointed out ... do we have so many expats flocking to our country ?

Anyone got expats moving into Sg statistics ?

I didn't realise there was a reply to my post. Thanks for pointing out that I left out the details but sometimes I'm too busy to post too long. I stay near RV and drive around RV, Newton, Novena almost daily, so I roughly know that the actual demand for these expensive new units are not that high.

I had already post my views on where the next potential areas will boom and the expats statistics elsewhere in this forum. The prices at these areas will hold steady or still continue to increase gradually despite yesterday's announced measures because their valuations are backed by rental demand from expats working in these areas :)

teddybear
14-01-11, 07:18
I own units in Newton/Novena area for investment (renting out). As far as I know, this place is very easy to rent out (my experience), and continue to be so at very good rental yield. Over the past years, so many new condos have TOP in this area and yet rental is still good and easy to rent out. There are many offices around Novena especially, and there are 3 shopping malls, 4 office blocks (many Japanese and Koreans expats here) + Novena Medical Centre and TTSH nearby. With Far East's hospital coming up and Parkway's Novena Hospital coming up in next year and the year after, demand for rental housing will sure increase.


I am sure you can do better than such generic comments.

How many condos going to TOP ?

Off the cuff I can name the below : (either going to or just TOP with 6-9 mths)
Lucida
Zedge
Soleil
Mulberry
Newton Edge
Viva (maybe more than 6-9 mths)
The Linc (??)
Rochelle
Montebleu (TOP-ed)

Other condos in River Valley

Trillium
Tribeca (TOP 6 mths ago)
Martin Place Residences
Vivace
Luma
Martin 38
Waterford (TOP-ed)

Other areas :
Lumiere
1 Shenton
The Clift
8 Napier
parkview eclat
The Marq
and many more, please feel free to add onto the list ...

And the list goes on and on ... I estimate that within the past 6-9 mths and the next 6-9 mths there are at least 10,000 units TOP.

As u rightfully pointed out ... do we have so many expats flocking to our country ?

Anyone got expats moving into Sg statistics ?


At the Newton and Novena areas there are quite a lot of condos for rentals purpose which will TOP in 1-2 years' time. We don't have so many HQs or companies in these areas, so it is quite risky to get one to rent out at these psf. And we haven't considered those condos around River Valley which are closer to the business districts which will also TOP in the next few months...

hyenergix
14-01-11, 07:50
I suppose you bought the units when prices were more reasonable than those that are going to TOP. If this is the case, then you have a good buffer and the yield will still be attractive. The risk is higher for those that are going to TOP as their upfront costs are very high.

Regulators
14-01-11, 14:12
how can rental yield in newton and novena be good if a person buys now? if you had bought in 2004/5, maybe your rental yield would be good.


I own units in Newton/Novena area for investment (renting out). As far as I know, this place is very easy to rent out (my experience), and continue to be so at very good rental yield. Over the past years, so many new condos have TOP in this area and yet rental is still good and easy to rent out. There are many offices around Novena especially, and there are 3 shopping malls, 4 office blocks (many Japanese and Koreans expats here) + Novena Medical Centre and TTSH nearby. With Far East's hospital coming up and Parkway's Novena Hospital coming up in next year and the year after, demand for rental housing will sure increase.

teddybear
14-01-11, 14:46
What rental yield do you consider to be good?


how can rental yield in newton and novena be good if a person buys now? if you had bought in 2004/5, maybe your rental yield would be good.

Lovelle
19-01-11, 20:49
soleil so expensive - mm cost 900+k

Regulators
19-01-11, 21:25
Anything above 4.5% is good
What rental yield do you consider to be good?

teddybear
19-01-11, 22:41
Even OCR also very few 4.5% rental yield, and those that have are old 99LH, and with no long-term capital gain potential. Just like stocks - those with high dividend yield has low price appreciation potential and vice versa.


Anything above 4.5% is good

Regulators
19-01-11, 23:29
so you foresee orchard residences hitting $6k psf from the current $4k + psf? :doh:


Even OCR also very few 4.5% rental yield, and those that have are old 99LH, and with no long-term capital gain potential. Just like stocks - those with high dividend yield has low price appreciation potential and vice versa.

teddybear
21-01-11, 07:06
Orchard Residences I don't know because don't like those private properties directly on top of MRT station and shopping malls. I predict MarQ @Paterson will hit $6k psf within 10 years. :cheers1:


so you foresee orchard residences hitting $6k psf from the current $4k + psf? :doh:

mantrix
21-01-11, 08:11
Orchard Residences I don't know because don't like those private properties directly on top of MRT station and shopping malls. I predict MarQ @Paterson will hit $6k psf within 10 years. :cheers1:

You are too pessimistic - it will hit 8K psf lah :D

teddybear
21-01-11, 08:40
Who knows? May be? I am just trying to be conservative as I have confident that $6k psf is easily reachable (that is IMHO, pls don't take as 100% sure as I am not "god" & I can't guarantee). :cheers1:


You are too pessimistic - it will hit 8K psf lah :D

devilplate
21-01-11, 08:48
Who knows? May be? I am just trying to be conservative as I have confident that $6k psf is easily reachable (that is IMHO, pls don't take as 100% sure as I am not "god" & I can't guarantee). :cheers1:

paterson residence gd project? i quite like it...but no firesale now...LOL

teddybear
21-01-11, 08:57
I thought you only interested in OCR? Why you bio paterson residences? :cheers1:


paterson residence gd project? i quite like it...but no firesale now...LOL

devilplate
21-01-11, 08:58
I thought you only interested in OCR? Why you bio paterson residences? :cheers1:

i adjust with the flow....i feel measures will impact the most in CCR....big quantums types...not those shoebox

pyschoed by u liao lor...haha

so how.....P R gd anot? i tink better den P S leh

teddybear
21-01-11, 09:11
PS & PR are on same league. So which is more bargain hah? :D
The Paterson looks much lousier in comparison, not luxury enough, no concierge service, maintenance so-so.


i adjust with the flow....i feel measures will impact the most in CCR....big quantums types...not those shoebox

pyschoed by u liao lor...haha

so how.....P R gd anot? i tink better den P S leh

Regulators
21-01-11, 09:37
So which means using the using the ocr = 1/3 ccr, jurong can sell for more than 2k psf ? :doh:
You are too pessimistic - it will hit 8K psf lah :D

devilplate
21-01-11, 09:38
So which means using the using the ocr = 1/3 ccr, jurong can sell for more than 2k psf ? :doh:

paterson area barely hit 2.5kpsf nia....i am sure teddy wun consider O R even at 2.5kpsf

jus for discussion: nassim park R is the most ex project in SG now? i was stunned when i do a chk....can buy D10 GCBs wor

Wild Falcon
21-01-11, 10:35
The problem with SG "luxury" property is the tenants don't see the value. At $6k psf, rental has to be $20psf (6k x 4.5% /12) per month to justify a meagre 4% yield. At today's rental, the highest is only $6.5psf? It is a far cry from the capital value and yields poors return. So as long as the tenants don't see the value, it would be tough to hit $6000 psf. So not attractive from an rational investors standpoint, but might be attractive from an owner-occupier standpoint who is looking for prestige or whatever. Maybe in the future, tenants might be prepared to pay more for "prestige" but as it stands today, there is a disconnect between the future cash flows and the capital value. In short, 6k psf not in the forseeable future. Paterson Edge is the worst of the lot. No land and beside a busy road and jump out of condo will hit main road.

I'm sure lots of opponents will disagree. Just my POV.


so you foresee orchard residences hitting $6k psf from the current $4k + psf? :doh:

devilplate
21-01-11, 10:42
The problem with SG "luxury" property is the tenants don't see the value. At $6k psf, rental has to be $20psf (6k x 4.5% /12) per month to justify a meagre 4% yield. At today's rental, the highest is only $6.5psf? It is a far cry from the capital value and yields poors return. So as long as the tenants don't see the value, it would be tough to hit $6000 psf. So not attractive from an rational investors standpoint, but might be attractive from an owner-occupier standpoint who is looking for prestige or whatever. Maybe in the future, tenants might be prepared to pay more for "prestige" but as it stands today, there is a disconnect between the future cash flows and the capital value. In short, 6k psf not in the forseeable future. Paterson Edge is the worst of the lot. No land and beside a busy road and jump out of condo will hit main road.

I'm sure lots of opponents will disagree. Just my POV.

tats y i only mention paterson R and suites......

P edge....sounds like newton edge too....and sizes r also super luxuriously puny:p

stalingrad
21-01-11, 10:43
The problem with SG "luxury" property is the tenants don't see the value. At $6k psf, rental has to be $20psf (6k x 4.5% /12) per month to justify a meagre 4% yield. At today's rental, the highest is only $6.5psf? It is a far cry from the capital value and yields poors return. So as long as the tenants don't see the value, it would be tough to hit $6000 psf. So not attractive from an rational investors standpoint, but might be attractive from an owner-occupier standpoint who is looking for prestige or whatever. Maybe in the future, tenants might be prepared to pay more for "prestige" but as it stands today, there is a disconnect between the future cash flows and the capital value. In short, 6k psf not in the forseeable future. Paterson Edge is the worst of the lot. No land and beside a busy road and jump out of condo will hit main road.

I'm sure lots of opponents will disagree. Just my POV.
Not me. I fully agree that orchard road is dead meat. It doesn't have the same feel as 10 years ago. today it is just the play round for maids and construction workers.

stalingrad
21-01-11, 10:55
I suggest that teddy take a basic course on investment analysis.

low rental yield for properties is not the same as low dividend for stocks. Some stocks are in growth industries, and need the cash flow for product and market expansion purposes. hence, the low dividend payout ratio. But when these companies mature and need less cash for expansion purposes, they will be able to pay loads of cash (dividends). that explains why these firms have a high P/E ratio now or, in your words, high capital gain potential.

low rental yield is an entirely different thing. It means that the properties have no fundamentals. renters don't see the point of paying high rents for these properties, as is the case for orcard properties. so in the case of properties, low rental yield is the same as low capital gain potential.

I see teddy as a very good example of how many singaporeans are so rich but so seemingly naive of basic economic principles. the only conclusion I can draw is that many singaporeans get their money through inheritances, not through hard work or smart investments.

teddybear
21-01-11, 12:14
What you said is not true. If true then Ng Teng Fong must have inherited all his money to buy and own so many properties along Orchard Road and CBD. (similarly for Wee Cho Yaw, Ong Beng Seng etc). Can you firmly make the statement that Ng Teng Fong, Ong Beng Seng, Wee Cho Yaw inherit all their money and they are so rich but so seemingly naive of basic economic principles? So you are saying you much better than them? :doh:


I suggest that teddy take a basic course on investment analysis.

low rental yield for properties is not the same as low dividend for stocks. Some stocks are in growth industries, and need the cash flow for product and market expansion purposes. hence, the low dividend payout ratio. But when these companies mature and need less cash for expansion purposes, they will be able to pay loads of cash (dividends). that explains why these firms have a high P/E ratio now or, in your words, high capital gain potential.

low rental yield is an entirely different thing. It means that the properties have no fundamentals. renters don't see the point of paying high rents for these properties, as is the case for orcard properties. so in the case of properties, low rental yield is the same as low capital gain potential.

I see teddy as a very good example of how many singaporeans are so rich but so seemingly naive of basic economic principles. the only conclusion I can draw is that many singaporeans get their money through inheritances, not through hard work or smart investments.

hopeful
21-01-11, 13:35
What you said is not true. If true then Ng Teng Fong must have inherited all his money to buy and own so many properties along Orchard Road and CBD. (similarly for Wee Cho Yaw, Ong Beng Seng etc). Can you firmly make the statement that Ng Teng Fong, Ong Beng Seng, Wee Cho Yaw inherit all their money and they are so rich but so seemingly naive of basic economic principles? So you are saying you much better than them? :doh:

well, heard this story about N & tontine money. don't know true or not.

Ist generation rich, they are like robber barons, rich but crass, their hands very dirty,
2nd generation rich, after contributions to charities etc, their names become respectable.

hopeful
21-01-11, 13:37
.....
I see teddy as a very good example of how many singaporeans are so rich but so seemingly naive of basic economic principles. the only conclusion I can draw is that many singaporeans get their money through inheritances, not through hard work or smart investments.

thought invested 2xxk ++ in Minibonds? That is smart invesments :tongue3:
Still working for other people aka employee or want to be full time trader/investor like Devilplate?

amk
21-01-11, 13:45
low rental yield is an entirely different thing. It means that the properties have no fundamentals.
fundamentals of a property is not just the rent. in your logic, some properties that have never been rented out, and in an area that are largely for own stay non rental, will have no value ?

At least in Asia, wealth preservation through property is deeply rooted in the mindset.

I see a stark cultural diff towards property between you and us. American style: you do not need your own home, it's okay to rent for whole life as it's economically cheaper. house is a cost, not a means to preserve and pass on wealth.

teddybear
21-01-11, 13:54
The Americans style or Caucasians style? Kids 18 years old kick them out to make money to support their own Uni school fees & living expenses because parents won't support them anymore because they want to spend money to enjoy a good life for themselves. Where got leave money behind for kids and grand-kids (except the few really filthy rich ones)? So it is cheaper to rent and leave no money (in any form, including property) behind. They are interested only with liquid assets (e.g. cash in bank or shares) that they can turn all into cash within a few days to spend any time, no illiquid assets like properties. Ask them to wait? They will die dreaming of the bottle of alcohol! :p :scared-2:
Oh yes properties to them is to collect rent to get cash to spend for the month, so where got think about long term capital appreciation potential? Go up a lot they sell then no rental income how? More likely when they will spend everything when they have cash in pocket. So better get high rental yield property and get money income to spend every month! They will always spend a lot first 2 weeks and be more thrifty for last 2 weeks until new money come in. :banghead:


fundamentals of a property is not just the rent. in your logic, some properties that have never been rented out, and in an area that are largely for own stay non rental, will have no value ?

At least in Asia, wealth preservation through property is deeply rooted in the mindset.

I see a stark cultural diff towards property between you and us. American style: you do not need your own home, it's okay to rent for whole life as it's economically cheaper. house is a cost, not a means to preserve and pass on wealth.

Condo Kaiser
21-02-11, 03:04
Hi all,

Anyone knows roughly when is this going TOP?

I drove past the other day and saw most of the windows are done but building still covered.

It's priced quite attractively, not sure if will have rental demand.:D

mcmlxxvi
21-02-11, 12:49
Hi all,

Anyone knows roughly when is this going TOP?

I drove past the other day and saw most of the windows are done but building still covered.

It's priced quite attractively, not sure if will have rental demand.:D

It's hit 2000psf liao right? No?

Condo Kaiser
21-02-11, 17:12
It's hit 2000psf liao right? No?

2000 psf :scared-4:

I don't think so la, but i think once TOP the price will go up. No matter what this is Newton.

But now still quite cheap i think. I thinking of buying then rent out.

Anyone got an opinion on what's the fair psf for this condo?

devilplate
21-02-11, 19:59
2000 psf :scared-4:

I don't think so la, but i think once TOP the price will go up. No matter what this is Newton.

But now still quite cheap i think. I thinking of buying then rent out.

Anyone got an opinion on what's the fair psf for this condo?
Its cheap for a reason..... Layout cmix3 n its really at the edge of newton as the name suggests

Condo Kaiser
21-02-11, 20:23
It's really quite at the edge of Newton :D but just beside the likes of Miro and a bunch of condo that are in D11 and still asking 2000+ psf. Seperated by the Canal.

I think it's cheap mainly because of the developer. Small timer so not much reputation. Plus this one not much facilities.

But location wise I think it beats Miro and Parc Infinia anytime if you're driving. At least Newton Edge got direct access back to Orchard direction via Make Peace road. Miro et al have to drive one giant round past Novena Square back to Newton Circus to go Orchard. :banghead: :banghead:

If walking then no different if not slightly nearer to Newton MRT.

devilplate
21-02-11, 21:38
It's really quite at the edge of Newton :D but just beside the likes of Miro and a bunch of condo that are in D11 and still asking 2000+ psf. Seperated by the Canal.

I think it's cheap mainly because of the developer. Small timer so not much reputation. Plus this one not much facilities.

But location wise I think it beats Miro and Parc Infinia anytime if you're driving. At least Newton Edge got direct access back to Orchard direction via Make Peace road. Miro et al have to drive one giant round past Novena Square back to Newton Circus to go Orchard. :banghead: :banghead:

If walking then no different if not slightly nearer to Newton MRT.

ok...but can u accept the amount of wastage on the flrplan....:D

andy
21-02-11, 21:50
It's really quite at the edge of Newton :D but just beside the likes of Miro and a bunch of condo that are in D11 and still asking 2000+ psf. Seperated by the Canal.

I think it's cheap mainly because of the developer. Small timer so not much reputation. Plus this one not much facilities.

But location wise I think it beats Miro and Parc Infinia anytime if you're driving. At least Newton Edge got direct access back to Orchard direction via Make Peace road. Miro et al have to drive one giant round past Novena Square back to Newton Circus to go Orchard. :banghead: :banghead:

If walking then no different if not slightly nearer to Newton MRT.
I thought the whole stretch of Bukit Timah from Newton Circus to Cavenagh is always jam. Think it is quite challenging to make a right turn from Make Peace to Cavenagh

There is a discussion from Novena PI to Orchard here.
http://forums.condosingapore.com/showthread.php?t=1654&page=33

Condo Kaiser
21-02-11, 22:18
Haha, yeah the floor plan really look quite scary. All the stuido already so small yet still got balcony and bomb shelter. But since I'm renting out then I'm more concerned about location and accessiblity to transport etc.

Quite a lot of wasted space, the 400+ sqft smallest units will be more like 300+ sqft. Not to mention they are west sun facing.:banghead: :banghead:

Think minimum need to be the 506 sqft or 581 sqft. Plus they have better facing.

What would be a fair price for the 506 sqft or 581 sqft units? :confused: :confused:

Condo Kaiser
21-02-11, 22:50
Cannot always look at peak hour traffic la... Peak hour no matter where you come from, going into Orchard will be a challenge. Even if you stay at Leonie Hill, driving to ION will be painful on Saturday afternoon..:banghead: :banghead: :banghead:

Another example will be Marine Parade, Saturday want to drive a short 1km to get to Parkway Parade can take 20min. So peak hour is not a good comparison. If want to avoid traffic then everyone should stay at Lim Chu Kang.:(

I think comparing accessibility should be based during light traffic condition, and not just based on how many minutes it takes to go somewhere, but more on how direct is the route.

But I could be wrong la.. Haha

jezz
13-04-11, 18:51
ok...but can u accept the amount of wastage on the flrplan....:D

As long as bal is not size of a study room i think is perfectly fine. If compared to Devonshire reside, newton edge floor plan is better.

When launched psf was 1200psf so I believe it will shoot up 1700. Well is small dev compared to nearby parc centennia Newton edge loc is better. Parc centennia is just next to power station and lotsa buyers din know as shiwflat was not on actual site.

devilplate
13-04-11, 19:47
As long as bal is not size of a study room i think is perfectly fine. If compared to Devonshire reside, newton edge floor plan is better.

When launched psf was 1200psf so I believe it will shoot up 1700. Well is small dev compared to nearby parc centennia Newton edge loc is better. Parc centennia is just next to power station and lotsa buyers din know as shiwflat was not on actual site.
Shdnt compare lousier projects to look better....

There r many other projects to buy

Condo Kaiser
21-07-11, 08:51
any idea when this place is going to TOP... heard from sources they attempted but failed?

phantom_opera
05-02-13, 21:37
new high

2013-01-25 #XX-XX 441sqft 2,175psf 2010-10-15 1,677 219,618 833 12.1