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View Full Version : The Mercury (D10, Freehold, Fortune)



home-run
17-02-09, 18:22
Upcoming New Launch @ Shanghai Rd.

Launching very very soon....

Kindly contact me @ 81835132 for more info & registration for VVIP PREVIEW!!!

Alternatively, u can drop me an email @ [email protected]

FLOOR PLANS AND SITE PLANS AVAIL SOON...

:spliff:

home-run
17-02-09, 18:26
Condo launched despite slowdown



Three mid-market condominium launches took place in January despite the softening property market, namely RV Suites and Mercury on River Valley Road and Alexis in the Queenstown vicinity.

RV Suites and Mercury, in particular, will provide a good opportunity for investors looking for good bargains in the market.

“Developers want to make a decent profit by launching these properties. Buyers can now buy at a good price of $1,350 per sq ft so they can get capital gains during a bull run in the future. If they wanted to buy a similar project in the same area in 2007, they would have had to pay $1,600 per sq ft,” Lee, a real estate agent for many years who is familiar with the mentioned properties, told Property Report.

RV Suites, developed by Fortune Royal Pte Ltd, is a freehold seven storey development with 96 units, located along River Valley Road.

The 96 units will comprise one bedroom, one bedroom and a study room as well as two-bedroom penthouse units.

RV Suites will come with an attic, two basement carparks, swimming pool and a gymnasium at the attic.

;) Mercury, also by the same developer, is believed to be a freehold 18-storey development, located on the same stretch of road. No other details are available.;)

Meanwhile, Alexis is a freehold development comprising 293-units, located near to Queenstown MRT station.

It will comprise three-bedroom penthouse, two-bedroom penthouse, two-bedroom and one-bedroom.

Dun say I never give *hints*

I'm not supposed to mentioned the project name so figure it out urselves.

Most likely will have interest absorption scheme since by same developer of RV Suites...

For those keen to register for VVIP or place ur interest, kindly call me @ 81835132 or email me @ [email protected] for more info.

:D

propertyguru
19-02-09, 15:50
Same developer as RV Suites, but size of units appear more palatable than RV Suites. Wonder what the facilities will be like. Any idea where the showflat will be? Maybe they can revamp the RV Suites one and rename it :-)

gfoo
19-02-09, 16:03
agents, you should stop using the VVIP term leh
a true VVIP preview is a private jet flying you to manhattan, stretch limo to a showflat, with a string quartet and champagne.

the concourse skyline preview was truly VVIP

fighting with others in an inadequate carpark in an overcrowded showflat is nowhere close to VVIP

propertyguru
19-02-09, 16:09
agents, you should stop using the VVIP term leh
a true VVIP preview is a private jet flying you to manhattan, stretch limo to a showflat, with a string quartet and champagne.

the concourse skyline preview was truly VVIP

fighting with others in an inadequate carpark in an overcrowded showflat is nowhere close to VVIP

Frankly, I don't care what they want to call it. They could call it VVVVVVIP for all I care. I think we all know that it's just marketing lingo. What I can't stand is when agents lie. I went to the RV Suites showflat and the agent who served had the cheek to tell me that prices are going up. Once she said that, she lost all credibility. Maybe I am living in a different reality, but how can prices for RV Suites be going up in the next few weeks?!?!?!

Property_Owner
19-02-09, 16:09
agents, you should stop using the VVIP term leh
a true VVIP preview is a private jet flying you to manhattan, stretch limo to a showflat, with a string quartet and champagne.

the concourse skyline preview was truly VVIP

fighting with others in an inadequate carpark in an overcrowded showflat is nowhere close to VVIP

The real VVIP dun even has to be there to buy:)

home-run
19-02-09, 18:31
well, other than vvip, i dun really know wad other tems to use...maybe u guys can gimme some suggestions =)

will sneak preview sounds better?
:cheers6:

dtrax
19-02-09, 19:32
wah lau.. another project with big balcony, planter and pes.
The balcony and plater in the 1+1 is almost 30% of the floor space :(

Petmail
20-02-09, 02:43
The real VVIP dun even has to be there to buy:)


vvip does come in and buy themselves... heard wife of one of the major banks in singapore went into nassim park in a really posh muscle car... follow behind us is two ferrari... two guys came down from the ferrari and follow her... after choosing the units, she just point to the two guys behind her and said, 'talk to two of them for whatever you need to do next.' and one of the two guys is actually the banker who actually made payment for her while the other guy is actually her lawyer who goes thru her legal paperworks etc... so who said vvvvip no come down??? they will lagi wanna come down..

:)
Pet

PropertiesHunter
21-02-09, 15:56
cALL MERCURY, WILL GIVE A MISS, i WAITING FOR VENUS TO LAUNCH AT 900PSF

FOR THOSE WHO DESPERATE TO HAVE d10

i DO YOU ALL A FAOUR

http://assetomgt.com/realty/property/projects/Mercury

eST 1200PSF MAYBE DISCOUNT TO 1100PSF IN vvip PREVIEW.

focus
21-02-09, 16:42
vvip does come in and buy themselves... heard wife of one of the major banks in singapore went into nassim park in a really posh muscle car... follow behind us is two ferrari... two guys came down from the ferrari and follow her... after choosing the units, she just point to the two guys behind her and said, 'talk to two of them for whatever you need to do next.' and one of the two guys is actually the banker who actually made payment for her while the other guy is actually her lawyer who goes thru her legal paperworks etc... so who said vvvvip no come down??? they will lagi wanna come down..

:)
Pet

Wow.. machiam like from the drama serial.. :)
When can I have such high-powered drama entrance... *dreaming*..

Anyway, how come those developers never invite the woman to the soft launch that is open to the developer's inner circle ..

I thought it's inner circle first.. then maybe the day after followed by the general public..

Anyway.. good sharing.. Really envious of the wife or children of rich people..

Petmail
21-02-09, 17:56
Wow.. machiam like from the drama serial.. :)
When can I have such high-powered drama entrance... *dreaming*..

Anyway, how come those developers never invite the woman to the soft launch that is open to the developer's inner circle ..

I thought it's inner circle first.. then maybe the day after followed by the general public..

Anyway.. good sharing.. Really envious of the wife or children of rich people..


rich tai tai mah.. what to do...

:)
Pet

home-run
21-02-09, 21:29
i guess the richer u are, the more insecure u feel ... what a paradox :doh:

focus
21-02-09, 22:32
i guess the richer u are, the more insecure u feel ... what a paradox :doh:
Or it could be that the richer you are, the more you want to feel special and get good service..
so bringing an entourage will definitely give you that boost up! :)

Like.. you know.. you go visit showroom (cars or properties) and the agent will always gravitate to those who looked rich.. and show those who looked poor hurriedly.

So, maybe the lady dont wanna spoil her day by having some stupid agent looked down on her..

My family may not be rich ..but I think for the stuff we are looking at.. we are definitely under-extending ourselves financially alot.. So I know how it feels to be ignored or treated like you are a pest that needs to be rid of fast..

Petmail
23-02-09, 22:09
Or it could be that the richer you are, the more you want to feel special and get good service..
so bringing an entourage will definitely give you that boost up! :)

Like.. you know.. you go visit showroom (cars or properties) and the agent will always gravitate to those who looked rich.. and show those who looked poor hurriedly.

So, maybe the lady dont wanna spoil her day by having some stupid agent looked down on her..

My family may not be rich ..but I think for the stuff we are looking at.. we are definitely under-extending ourselves financially alot.. So I know how it feels to be ignored or treated like you are a pest that needs to be rid of fast..

i am sure whoever attended to you at the showflat definitely is professional enough and will not treat you that way... at least i dun..

:)
Pet

home-run
23-02-09, 23:02
Just to update u interested folks out there with regards to The Mercury @ Shanghai Rd. Confirmed will launch somewhere in 1st wk of March. Very soon~~~ hmm...i will be posting some pics of the proj here for u guys to enjoy =) not to bad for stay looking at the location...let me know if ur keen in this proj :spliff:

toaler
23-02-09, 23:04
please note that the inner parts of Shanghai road has a plot ratio of 2.1 vs 2.8 for the plots closer to the main road

mr funny
02-03-09, 16:29
http://www.straitstimes.com/Invest/Story/STIStory_344386.html

March 1, 2009

property

Property market starting to stir

Success of two new launches encourages a few developers to release their projects

By Joyce Teo, Property Correspondent

http://www.straitstimes.com/STI/STIMEDIA/image/20090228/ST_SUNTIMES_1_CURRENT_JTLAUNCH.jpg
Over the weekend, 30 units of the 102-unit St Patrick's Residences in St Patrick's Road in the East were launched. The 646-unit Double Bay Residences in Simei should go on sale soon, with prices set at around $650 psf to $680 psf. -- PHOTO: TG DEVELOPMENT PHOTO: UOL GROUP

View more photos (http://www.straitstimes.com/gallery/Invest/Story/STIStory_344386.html)

Thanks to the mini-buzz created by two new successful launches - Caspian in Jurong and Alexis @ Alexandra - a few developers have decided to release their projects for sale.

It is an improvement, even if it is just a slight one, from the very sombre mood a month ago, when market watchers were expecting the lull in the market to continue.

Over the weekend, TG Development launched 30 units of the freehold, 102-unit St Patrick's Residences in St Patrick's Road in the East.

On average, prices start at around $675 per sq ft (psf) for a two-bedroom unit and rise to about $900 psf for a four-bedroom penthouse.

Unit sizes range from 1,152 sq ft for the two-bedroom units to 3,423sqft for the four-bedroom penthouses. Some three-bedroom units can cost just under $1 million.

The interest absorption scheme, which allows buyers - if they take a loan from the start - to defer making any payments beyond the initial down payment until the project is completed, is offered at a 3 per cent premium.

Marketing agent Savills said the condominium offers quality furnishings and fittings usually associated with prime projects, and that a few units have been sold since the preview a week ago.

Near Upper Bukit Timah, Hiap Hoe has launched The Beverly, its 118-unit condo in Toh Tuck Road.

Each unit is served by a private lift. Prices start at $648 psf; the average price is $750 psf. This means that the total price per unit should start from just below $1 million.

Unit sizes range from 1,120 sq ft for the two-bedders to 4,187 sq ft for the four-bedders. There are also double-storey penthouses from 2,099 sq ft to 3,757 sq ft. Hiap Hoe is not offering the interest absorption scheme.

Other projects expected this month include Double Bay Residences in Simei, The Arte in Thomson, Domus in Irrawaddy Road and an 18-storey project in River Valley.

These are in the mass- to mid-market categories that, unlike the high-end segment, are still attracting buyers.

New home sales in January had plunged to a new low as developers and buyers kept to the sidelines.

The two new projects that sold very well about two to three weeks ago - Caspian and Alexis - helped revive the market mood to a certain extent.

The Caspian showflat was packed during the preview, when 300 out of 712 units were sold at average prices starting from $580 psf. So far, more than 500 units have been sold.

The 293 Alexis units were all sold at $950 psf to $1,250 psf, but the absolute prices were reasonable, given that most units are small.

At a results briefing last Thursday, City Developments' Kwek Leng Joo cited the good take-up at the two projects as proof that there is still demand.

'The good response to recent launches is true,' he said.

Still, the stock market and buying sentiment remain weak.

Ms Phylicia Ang, director of Savills Residential, said: 'The affordability threshold is key at this point. In the current market, it is important to price projects at an attractive level to attract buyers.'

The UOL group should start selling the 646-unit Double Bay Residences near the Simei MRT station soon. It declined to give pricing details of the 99-year leasehold condo until the launch, but there is talk that prices will be around $650 psf to $680 psf.

The one-bedders start at 538 sq ft, the two-bedroom units from 915sq ft, while the big units can go up to 3,703 sq ft.

Along Thomson Road, The Arte is expected to be released for preview sale by the middle of the month.

Property agents have advertised the preview of the 336-unit, freehold condo at prices starting at more than $950 psf.

About half of the project, or 164 units, are three-bedroom units from 1,399 sq ft to 1,625 sq ft. Another 100 units are 1,873 sq ft four-bedders.

There are also advertisements for the preview of the 18-storey, 67-unit project in River Valley, which offers the interest absorption scheme. It has mostly small units - 32 are 635 sq ft apartments and 30 are 1,044 sq ft units.

A Chinese developer, Lakeview Developments, may also push out its 104-unit Domus this month.

High-end launches will likely be few and far between this year, as current demand is coming only from owner-occupiers or very small investors, according to a developer.

There should be more mass- to mid-market projects coming up in the next few months. These could include projects like the 99-year leasehold Ascentia Sky next to the Redhill MRT station. It offers two- to four-bedroom units from approximately 1,000 sq ft to 1,800 sq ft.

[email protected]

Brandon-Huttons-9852 5624
03-03-09, 15:09
HUTTONS proudly Presents

D.10 THE MERCURY
AT Shanghai Rd ( RIVER VALLEY)
BY FORTUNE LAND

http://sg.88dbmedia2.jobsdb.com/sg_UploadFiles/2009/03/03/474A00BD-90AF-44FF-88FE-9F70A1B295B1.jpg


Freehold - 1 Tower of 18 Storey Development of 67 units
Expected TOP : 1Q-2Q 2012

SPECIAL PAYMENT SCHME
5% Cash + 15% Cash &/or CPF & No Payments Till TOP with OCBC BANK

OCBC Banker : Miss Liew Yean Shie - 8182 2276


Prices Starting from only $7xxk!!

( UNIT TYPES )
1+ Study ( 635 Sqft / 59 SqM ) x 32 Units
2+ Study ( 1044 Sqft / 97 SqM ) x 31 Units


Penthouses with Pte Jacuzzi & Pte Roof Garden
1+ Study ( 1205 Sqft / 112 SqM ) x 2 Units
2+ Study ( 1926 Sqft / 112 SqM ) x 2 Units


RECREATIONAL FACILITIES
SWIMMING POOL / CHILDREN POOL / GYM / BBQ / CHILDREN PLAYGROUND

SELLING POINTS
Located in Prime District 10
Excellent Freehold Investment
Low Quantum = Higher Rental Yield
Fantastic Layout & Near Popular Great World City
2 Min Drive to Orchard / CBD / Raffles Place / Intergrated Resorts
Inclusive of Branded Fridge & Oven/Mircowave

Please register early for Preview Launch to secure choice units
& State Your choice of Bedroom Types / NAME & Contact No.

Cal/sms 9852 5624 Or email [email protected] for more info

august
04-03-09, 09:57
from agent...

1+1 units, 635 sqft starting from 730k to less than 800k (1150 to 1260psf)
2+1 units, 1044 sqft starting from 1.098mil to 1.18mil (1051 to 1130psf)

gfoo
04-03-09, 10:39
$1180psf. champions

dtrax
04-03-09, 10:53
from agent...

1+1 units, 635 sqft starting from 730k to less than 800k (1150 to 1260psf)
2+1 units, 1044 sqft starting from 1.098mil to 1.18mil (1051 to 1130psf)









prices for the 1+1 comparative to RV suites psf is not much diff.. except with bigger balcony.. The 2bedders seems rather attractive.. close to the $1m barrier :)

home-run
04-03-09, 20:51
The penthouses are quite nice...iconic in the sense tt there is spiral staircase...classic yet exudes a bit of elegance. The open terrace is subjective....for those who dun like balcony, too bad...for those who loves open space, u can enjoy a paranomic River Valley view which is for the 1+1br duplex penthouses ..same goes for the 1+1br depending on how high u are staying , or lush greenery view facing Regency Park direction...more exclusive n quiet which is the 2+1br & 2+1 duplex penthouse facing...

For those considering pool view(2+1br), 2nd to 5th floor seems not too bad in stack 1 & stack 4. Not forgetting all 2br comes with pte lifts.
The facing for 2br also has more privacy in my personal opinion.

Nice place for stay overall considering ur nt near any main rd...yet still located in the prime D10.

If ur keen to own a unit in Mercury @ Shanghai, do feel free to contact me @ 81835132 for a non-obligatory presentation...

Heard there's gonna be bidding again tml...not again!!! duh...:doh:

ahlahdin
05-03-09, 02:58
Hey agent.

If you don't know the meaning of iconic, please do not anyhow use it to bullshit here and there.

Also, a panoramic view of River Valley???? Who are you kidding??? Trust me the view of River Valley is really nothing to shout about. So sad when you have to use terms like that to describe a project. Perhaps it stems from daily bullshitting of clients.

What people want is a decent amount of space to live in at a decent price. Unless you can provide that, no amount of 'iconic' and 'panoramic views' can con people anymore.

Property_Owner
05-03-09, 08:59
vvip does come in and buy themselves... heard wife of one of the major banks in singapore went into nassim park in a really posh muscle car... follow behind us is two ferrari... two guys came down from the ferrari and follow her... after choosing the units, she just point to the two guys behind her and said, 'talk to two of them for whatever you need to do next.' and one of the two guys is actually the banker who actually made payment for her while the other guy is actually her lawyer who goes thru her legal paperworks etc... so who said vvvvip no come down??? they will lagi wanna come down..

:)
Pet

Depends on situations Pet. I bought few units of The Sail through a agent. Was out of town. I had seen nothing, not even floor plans. Trust his words and tell him go ahead and choose what he feels it's the best for me. Till now I never regret this decision. Been using him for few years. I almost commit to SeaFront till he tell me don't be crazy. Tat's lucky.

Btw any idea now SeaFront selling now?:spliff2:

home-run
05-03-09, 09:19
Hey agent.

If you don't know the meaning of iconic, please do not anyhow use it to bullshit here and there.

Also, a panoramic view of River Valley???? Who are you kidding??? Trust me the view of River Valley is really nothing to shout about. So sad when you have to use terms like that to describe a project. Perhaps it stems from daily bullshitting of clients.

What people want is a decent amount of space to live in at a decent price. Unless you can provide that, no amount of 'iconic' and 'panoramic views' can con people anymore.

Hi ahlahdin, no need to kick up such a big fuss...wad may seem iconic to me does not necessarily need to seem iconic to u. That's my personal opinion and i dun see it as any form of bullshit. Btw have u seen the layout and model design yet? U can either buy this bullshit or choose nt to buy it...it's really ur choice mate.. There's no need to blast me like tt... It's my job to sell houses to ppl and if ppl buy into the concept...i'll do my best to get them the best price...it takes two hands to clap...if u dun like the property, trust me...u'll never pay a penny it...neither would i. Ppl are not dumb...they will do research even before they come into showflats...I believe u will do the same @ least since u are a well-respected seasoned forum poster & property investor i suppose...

If ppl want decent amt of place to stay in, it all depends on their budget and choice location...of cos if u have the budget, u can choose to live in Ardmore park or Four Seasons Park where unit sizes range above 2000sf....but of cos...if u are pretty tight on budget and still want to live in the same prime district...maybe for investment perhaps...den a studio might be just fine..like in studio 3 perhaps or shanghai one..in short...u adjust ur budget according to the property u wana buy and nt the other way round.

Btw, my name is wilson from huttons property and nt agent. Rem my name mate cuz i'll be here for a long time:cheers6:

Property_Owner
05-03-09, 09:20
Wow.. machiam like from the drama serial.. :)
When can I have such high-powered drama entrance... *dreaming*..

Anyway, how come those developers never invite the woman to the soft launch that is open to the developer's inner circle ..

I thought it's inner circle first.. then maybe the day after followed by the general public..

Anyway.. good sharing.. Really envious of the wife or children of rich people..

That's e problem of women.

Acer
05-03-09, 09:37
That's e problem of women.

that's not her fault
IS her parent don't know how to teach and split her until this extend.

They will be paying their price in their later life
and the children will be using their rest of their live to pay for the mistake their parent make.

august
05-03-09, 09:41
That's e problem of women.

aiyo this news has been debunked..apparently ST reporter misquoted her and slanted the story.

chosen1
05-03-09, 12:57
aiyo this news has been debunked..apparently ST reporter misquoted her and slanted the story.

really ? how the real story ends then?
if i were the girl and misquoted like that, i will sue ST for all the money it has....

HOWEVER is the quotes are all true, i would move to UK or Malaysia :doh: :doh:

propertyguru
05-03-09, 13:40
really ? how the real story ends then?
if i were the girl and misquoted like that, i will sue ST for all the money it has....

HOWEVER is the quotes are all true, i would move to UK or Malaysia :doh: :doh:

Yes, she can sue, but unless she can prove loss of reputation (ie. she has some reputation to protect that can be quantified in monetary terms), she won't get anything, and will probably be out of pocket from the legal costs. And yes, I think she wrote something on her blog explaining the context in which those words were spoken. Of course, it's up to you whether to believe her or the ST article.

blackswan
05-03-09, 14:10
28 out of 67 units sold...Bravo....Bravo....really need to have more people like these.....

oxboy99
05-03-09, 15:32
Just saw the showroom and these are my opinion.

1. Bedrooms very small - the showroom is not a king sized bed and it's already cramped.
2. The toilet is not attached to the master bedroom. So stupid right?
3. The 2nd bedroom looks bigger than the master bedroom. Even more stupid.
4. Living room so big - dunno who will sleep there
5. No space for separate washer and dryer. HAVE to buy 2 in 1.
6. No tennis court and small gym
7. Road going in is VERY small - good luck driving in
8. Only ready in mid 2011 - the buildings have not even been torn down yet!

For these design flaws, I will only buy if it's below 700K. Anything above is too exp in this market. I will wait for end of 3rd quarter 2009 to get a value for money unit.

But location is good...

xtink
05-03-09, 15:37
so no sell out story to tell for this project....:scared-2:


28 out of 67 units sold...Bravo....Bravo....really need to have more people like these.....

teddybear
05-03-09, 16:34
Their location map is so very distorted (as though it is so close to Great World City and also to Ion & Orchard MRT station). :doh:


Just saw the showroom and these are my opinion.

1. Bedrooms very small - the showroom is not a king sized bed and it's already cramped.
2. The toilet is not attached to the master bedroom. So stupid right?
3. The 2nd bedroom looks bigger than the master bedroom. Even more stupid.
4. Living room so big - dunno who will sleep there
5. No space for separate washer and dryer. HAVE to buy 2 in 1.
6. No tennis court and small gym
7. Road going in is VERY small - good luck driving in
8. Only ready in mid 2011 - the buildings have not even been torn down yet!

For these design flaws, I will only buy if it's below 700K. Anything above is too exp in this market. I will wait for end of 3rd quarter 2009 to get a value for money unit.

But location is good...

ahlahdin
05-03-09, 17:14
haha! nowadays every project that launches sure get whack by us left right centre... developers are u listening? lower your prices and we won't whack your condos.. hehehehe :D

gfoo
05-03-09, 17:48
Just saw the showroom and these are my opinion.

1. Bedrooms very small - the showroom is not a king sized bed and it's already cramped.
2. The toilet is not attached to the master bedroom. So stupid right?
3. The 2nd bedroom looks bigger than the master bedroom. Even more stupid.
4. Living room so big - dunno who will sleep there
5. No space for separate washer and dryer. HAVE to buy 2 in 1.
6. No tennis court and small gym
7. Road going in is VERY small - good luck driving in
8. Only ready in mid 2011 - the buildings have not even been torn down yet!

For these design flaws, I will only buy if it's below 700K. Anything above is too exp in this market. I will wait for end of 3rd quarter 2009 to get a value for money unit.

But location is good...

when i was a little boy not so many years back, i remember the lanes there were staging points for orchard-sepang. very tight.

before you buy, look around the area and ask yourself - does this place have growth potential? what is there around the area that can make the locality valuable and fun to live in down the road?

for OA/Esta/TSV, you have katong shopping centre refurb, and katong mall enbloced by CDL, and a new MRT station coming up.

For balmoral, you have the huge plot of land on top of newton MRT, which will become an interchange for the 2105 line

same for buona vista. and to a much much smaller extent, same for lakeside and kallang (although i suspect those projects will be stalled, at least its been announced)

for mercury, you have boon tong kee (hey it rhymes :) )
I like to call that stretch mini balestier, where it shares the same traffic congestion of balestier, not close yet not far to town, and lots of shophouses for food. also because you have crap developers that increase the density of an already dense area, parceling airspace to the unsuspecting populace.

same price down the road, go for 2RVG. more exclusive area that feels much better

august
05-03-09, 22:31
for mercury, you have boon tong kee (hey it rhymes :) )
I like to call that stretch mini balestier, where it shares the same traffic congestion of balestier, not close yet not far to town, and lots of shophouses for food.


my thoughts exactly hehe :D

dtrax
05-03-09, 23:31
haha! nowadays every project that launches sure get whack by us left right centre... developers are u listening? lower your prices and we won't whack your condos.. hehehehe :D

LL suck thumb... they had their golden period a few yrs back.. now is our turn.

Acer
06-03-09, 07:55
to me i dun think tat is an ideal price.
the historical price for that area during 2004 /1997 was 800-900psf

Ideal if we all gang together and wait n wait
Im sure the price will drop even faster


:scared-2:

oxboy99
06-03-09, 09:26
I'm very interested in this project. I went to the VVIP launch yesterday and there were so many people! Maybe all agents, I dunno.

But I saw a few buying on the spot despite the flaws I mentioned. They dun care or they have extra money to burn, I dunno. The only good thing going for this it is the location.

Bear in mind that the main contractor may not have been tendered yet and with the recession looming, you could end up with slow constrution and completion and crap interiors. That's what happened to me! Why not buy something built during the peak period that is ready to move-in?

But let's see what is the results are after the weekend. Another sold out project like Alexis???

When I went there at 12pm, the penthouse and top floors were already sold!

so no sell out story to tell for this project....:scared-2:

Acer
06-03-09, 09:42
i read a paper saying tat 10% of the Axis project at Queentown flipped their unit.

Im sure likewise in Mecury.

just for info Studio 3 condo which is beside future mecury is also selling ard this price or lesser.

Is also a FH and abt a yr old

dtrax
06-03-09, 09:52
Layout wise i still quite like floorpla; the balcony seems okish for the 2bedder. Study rm actually big enuff to include a single bed. I still cannot understand why master rm is almost the same size as the common rm :doh:

Location wise in terms of driving to orchard or cbd very strategic

Price still reasonable but not the lowest, if its $1m or 9XXk might seriously consider

Road leading to shanghai rd is sick.. super narrow plus possibly of illegal car parkers in the evening

Let's those gan cheong spiders rush in then we wait for better deals....

Property_Owner
06-03-09, 10:06
same price down the road, go for 2RVG. more exclusive area that feels much better

You share my thoughts

Acer
06-03-09, 10:17
I read an article before on those condo ard shanghai road and it said the price over there will hover ard the range because there are many old building ard that area. Thus affecting the price.


Whereas Zenith is diff . it is same as cosompoltian and opp kim seng . Thus when u c ura link for the past transaction. you will realise zenith price is higher than shanghai area.

Just my thoughts

ahlahdin
06-03-09, 11:18
Please don't equate Zenith location with Cosmopolitan location. It is not simply about opposite Great World, it is about your immediate surroundings. At Zenith you can have a great view of 3 room HDB flats and enjoy the smell of char kway teow every day. Good luck to you!

Cosmopolitan is across the road from Leonie Hill Residence. Please don't try and tell me that they should be the same price cos less than 50 metres apart.

Like I said, it is about your immediate surroundings. As well as address.

Aiyah those who are not familiar with prime district locations won't understand one lah. It is not simply about district number.

Acer
06-03-09, 12:08
Just my thoughts and opinions. No need to make a fuss abt it.

Whether zenith or cosomopolatian, Im just quoting an example.
Cos both are in river valley belt. both are on different side of kim seng
Those area ,to me will have faster appreciation value . That's all

go to ura.gov.sg web site and check on the past caveat. will understand what I meant

Acer
06-03-09, 12:35
FYI

70% sold .
Got this infor from an agent

i12buyhouse
06-03-09, 13:27
This does not mean all these unit absorbed by market. Not surprise that many of the sold units will become resale units in the market very soon. So should be consider 100% sold...?

No need to rush , the game has just started , still long way to go.




FYI

70% sold .
Got this infor from an agent

gfoo
06-03-09, 14:30
Please don't equate Zenith location with Cosmopolitan location. It is not simply about opposite Great World, it is about your immediate surroundings. At Zenith you can have a great view of 3 room HDB flats and enjoy the smell of char kway teow every day. Good luck to you!

Cosmopolitan is across the road from Leonie Hill Residence. Please don't try and tell me that they should be the same price cos less than 50 metres apart.

Like I said, it is about your immediate surroundings. As well as address.

Aiyah those who are not familiar with prime district locations won't understand one lah. It is not simply about district number.

exactly! was about to post the same sentiment.

if potential mecury buyers like tight roads and dense living, they should look at the river valley grove and adjacent lanes area. you can technically stroll to ngee ann city when bored. and it's the same PSF as mecury

proud owner
07-03-09, 09:22
exactly! was about to post the same sentiment.

if potential mecury buyers like tight roads and dense living, they should look at the river valley grove and adjacent lanes area. you can technically stroll to ngee ann city when bored. and it's the same PSF as mecury

hi guys

its me reading all updates from manhattan ..... will be back in spore next week

i12buyhouse
07-03-09, 22:11
Any update on Mercury, last update was 70% sold...?

mr funny
09-03-09, 12:36
http://www.straitstimes.com/Money/Story/STIStory_347025.html

March 7, 2009 Saturday

Fairly brisk sales for new condos

Attractive prices draw buyers to entry-level and mid-priced projects

By Fiona Chan, Property Reporter


THE show-flat crowd - that rarest of species these days - has been lured back into the market by two new developments that held soft launches this week.

Hundreds of people turned up at the Double Bay Residences showroom in Simei when its doors opened for a private preview yesterday.

Developer UOL Group said more than 80 units have been sold so far, at an average price of $600 per sq ft (psf) to $650 psf. The development's six retail units have all been sold as well.

Chief operating officer Liam Wee Sin noted that the response was strong ahead of the 99-year leasehold condominium's official launch next weekend.

UOL has so far released 250 of the 646 units in Double Bay for sale. One-bedroom units in the Simei Street 4 project start from $420,000, while four-bedders cost at least $930,000.

The crowds were also out for The Mercury in Shanghai Road, which was said to be more than 60 per cent sold since it started previews on Thursday.

The 67-unit freehold project is priced from about $1,040 psf. One-bedroom units at the River Valley estate start from $740,000, while two-bedders are going for about $1.1 million.

The fairly brisk sales for these projects come on the heels of a few successful launches recently, which appear to have boosted sentiment in the badly battered property market.

Last month, Frasers Centrepoint said it sold over 300 units in three days at its Caspian condominium in Jurong. To date, over 500 of the 712 units have been sold.

Caspian's success was mirrored at The Alexis in Alexandra Road, which sold out within a few days of its preview.

Property consultants say the main draw for these projects is their attractive prices, which, at well under $1 million, are affordable for HDB upgraders. Even mid-tier projects such as The Alexis and The Mercury feature smaller units to offset their higher per square foot prices.

'These days, it looks like the total quantum of price is more important than the price per square foot,' said Knight Frank director of research and consultancy Nicholas Mak. 'In some areas, prices have come down 20 per cent to 30 per cent from the peak, and there are probably people who see these buys as good bargains.'

Still, most of the sales activity are confined to the entry-level and mid-priced market. High-end projects are still facing a very challenging time, consultants say.

And while transactions are being steadily chalked up, there remain clear signs that not everything is fine and dandy in this economic recession.

At The Mercury, for instance, agents marketing the project said they had expected it to be fully sold within one day.

In Toh Tuck Road, off Upper Bukit Timah, boutique developer Hiap Hoe was said to have sold only a handful of units in The Beverly condominium, although news reports said more than 300 people turned up for its launch last weekend.

Hiap Hoe released 31 of the 118 units at an average price of $750 psf. The apartments are a bit bigger than average, starting from 1,120 sq ft for the smallest two-

bedroom units, which translates into somewhat higher prices per unit.

The developer is also not offering the interest absorption scheme for The Beverly, which was on offer for the Caspian and The Alexis and is available for Double Bay and The Mercury.

Under the scheme, buyers who take out a loan immediately on purchase pay only a down payment and defer remaining instalments until the project is finished.

Mr Liam of UOL, however, said more of Double Bay's buyers opted for the normal payment schemes rather than taking up interest absorption.

The buyers so far have been a mixed bag - HDB upgraders, private home owners and owner-occupiers, and investors.

On the whole, the smaller units have proven more popular, he said, underscoring the importance of affordability. But he said an 'encouraging' sign was that buyers were also going for units on higher floors, which are more expensive.

'We are seeing a flight to quality,' he told The Straits Times. 'If the price is within their budget, they will gun for the better units and the higher floors.'

[email protected]

oxboy99
11-03-09, 12:15
I heard this development is fully sold. Is that true? Any units still available?

I dun mind if it's $1k psf with IAS and stamp duty absorbtion and another 5% discount.

It is recession you know... :)

mr funny
31-03-09, 18:58
http://www.businesstimes.com.sg/sub/suite/story/0,4574,326100,00.html?

Published March 31, 2009

Far East sells 97 units of Mi Casa over past week

By KALPANA RASHIWALA


(SINGAPORE) Here's yet more evidence that there's still demand for attractively priced condos in the mass-market segment. Property tycoon Ng Teng Fong's Far East Organization has sold 97 units at its Mi Casa condo near Choa Chu Kang MRT Station since it began sales last week.

http://www.businesstimes.com.sg/mnt/media/image/launched/2009-03-31/BT_IMAGES_KRMICASA31.jpg
Mi Casa: Located near Choa Chu Kang MRT Station, the 457-unit 99-year leasehold condo has an average price of $625 psf. Buyers who wish to opt for an interest absorption scheme will have to pay 3% more

The 99-year leasehold condo has an average price of $625 per square foot. Buyers who wish to opt for an interest absorption scheme will have to pay 3 per cent more.

The 457-unit condo is being developed on a plot along Choa Chu Kang Drive which is diagonally opposite Lot One mall.

In a news release last night, Far East said Mi Casa is the first new private condo project in the Choa Chu Kang town centre in eight years and offers an 'attractive value proposition' to HDB upgraders and private home owners in the area.

Upgraders accounted for 80 per cent of Mi Casa's buyers. A number of buyers also own landed homes in the area and bought units at Mi Casa for investment and for their children, according to Far East. Mi Casa also drew some foreign buyers (such as China nationals and Malaysians).

Far East Organization unit Tian Hock Properties bought the Mi Casa site at a state tender in May last year for $116.01 million or $203 per square foot per plot ratio.

Over at the Balestier Road area, City Developments is understood to have sold another 30 units between Friday and Sunday at The Arte at Thomson freehold condo.

This brings total sales in the project to nearly 90 units. The 336-unit project, which will comprise two 36-storey blocks, is being offered at an average sellling price of about $880-890 psf.

At Somerville Road, boutique developer HLH Group has sold eight of the total 25 units at its D'Almira condo since it began previews three weeks ago.

The average price of the five-storey freehold apartment development is about $750 psf, says ERA divisional director Andrew Soh, who is marketing the project.

HLH is not offering any interest absorption scheme; buyers will have to make normal progress payments on their units when they are billed by the developer, in accordance with the stage of construction.

In the River Valley area, Fortune group sold another five units last week at The Mercury in Shanghai Road. The average price for the freehold project is '$1,200 psf plus', according to Fortune Development general manager Victor Soh.

Interest absorption scheme is available to buyers in exchange for a 3 per cent premium. To date, 64 of the total 67 units in the project have been sold.

moonk123
07-04-09, 16:34
Project Name-THE MERCURY
Developer-Fortune Shanghai Road Pte Ltd
Property Type-Condominium
Tenure - Freehold
Total Units - 67
Completion Date - 2014
District - 10

1 bedroom + study (59 - 59sf)
2 bedroom + study (97 - 117sf)
Penthouse (112 - 179sf)

http://www.virtualhomes.sg/FileUpload/Project/2969/Images/main1.jpg

http://www.virtualhomes.sg/FileUpload/Project/2969/Images/in2.jpg

http://www.virtualhomes.sg/FileUpload/Project/2969/Images/in3.jpg

http://www.virtualhomes.sg/FileUpload/Project/2969/Images/floor_type_A1.jpg

http://www.virtualhomes.sg/FileUpload/Project/2969/Images/floor_type_B.jpg

http://www.virtualhomes.sg/FileUpload/Project/2969/Images/elevation.jpg

>>>more THE MERCURY (http://www.virtualhomes.sg/themercury) info >>>

xtink
07-04-09, 23:31
still mktg for mercury? i thot sold out 7788 liao?

carbuncle
21-05-12, 13:24
http://www.propertyguru.com.sg/listing/9460147/for-rent-the-mercury

desfrie
21-05-12, 13:43
http://www.propertyguru.com.sg/listing/9460147/for-rent-the-mercury


What a huge balcony and planter!

carbuncle
21-05-12, 13:45
What a huge balcony and planter!

Ang mo like. I like. Me no ang mo though...

bargain hunter
21-05-12, 14:28
just TOP mah. usually very enthusiastic in asking high rent one. then later if no takers then lower lor.


http://www.propertyguru.com.sg/listing/9460147/for-rent-the-mercury

Jonathan0503
22-05-12, 08:25
Ang mo like. I like. Me no ang mo though...

Oh, what's the reason? You like to laze around at the balcony? Most people prefer interior space though

carbuncle
22-05-12, 08:36
Oh, what's the reason? You like to laze around at the balcony? Most people prefer interior space though

You can open sliding door wide wide without fear rain will splash in on your indoors

desfrie
22-05-12, 08:51
You can open sliding door wide wide without fear rain will splash in on your indoors

I estimate that the balcony/planter is at least 30% of the entire unit. That means it is abt 190 sqft out of 635 sqft. This is hefty! But like you said, expats may like it!

desfrie
22-05-12, 09:10
I estimate that the balcony/planter is at least 30% of the entire unit. That means it is abt 190 sqft out of 635 sqft. This is hefty! But like you said, expats may like it!

Correction, shld be about 25% = 159 sqft.

phantom_opera
03-05-13, 16:12
record psf

2013-04-19 #XX-XX 635 1,800psf 2010-09-03 1,425 238,125 959 9.3