Bukit Sembawang's Cairnhill site
Bukit Sembawang has amalgamated The Vermont and Peck Hay Mansions sites into a new site with land area totalling 72,653 square feet with potential for a new 20-storey project with a potential gross floor area of 203,428 square feet. That's equivalent to about 100 units averaging 2,000 square feet each.
It is rumoured that Bukit Sembawang will be "conservative" with the pricing for their Cairnhill site, aiming to sell at around $2,200 psf.
Quote:
Bukit Sembawang buys Peck Hay Mansions for S$63.6m
By Wong Choon Mei, Channel NewsAsia | Posted: 05 June 2006 2227 hrs
Peck Hay Mansions has been sold to Bukit Sembawang for S$63.6 million.
The deal was brokered by property consultant CB Richard Ellis.
Peck Hay Mansions, in the Cairnhill area, comprises 19 apartments built on a freehold site measuring 32,277 square feet.
This means the deal was priced at S$796 per square foot.
In a statement, CB Richard Ellis says all the Peck Hay owners agreed to the sale and they will receive almost double what they could have got if they sold their flats individually.
The purchaser, Bukit Sembawang, had also bought a neighbouring site - The Vermont - in March.
The combined sites will have land area totalling 72,653 square feet.
They can be re-developed into a new 20-storey project with a potential gross floor area of 203,428 square feet.
That's equivalent to about 100 units averaging 2,000 square feet each. - CNA/ch
The Vermont on Cairnhill (D9, Freehold, Bukit Sembawang)
Published April 24, 2007
Bukit Sembawang sells 90% of condo at Woodleigh Close
BUKIT Sembawang has sold about 90 per cent of its 100-unit freehold Parc Mondrian condo at Woodleigh Close since April 10, achieving an average price understood to be just below $700 per sq ft.
Marketing agent DTZ Debenham Tie Leung said prices achieved range from $650 to $720 psf.
Mainboard-listed Bukit Sembawang is developing the project on the 41,694 sq ft Woodleigh Grove site it bought through a collective sale in July last year.
It paid $29.8 million, reflecting a unit land cost of $280 psf of potential gross floor area including an estimated $3 million development charge at the time.
Analysts put the breakeven cost for the new project at $580-600 psf ppr.
Parc Mondrian will be a 17-storey block with two-bedders, three bedders, three-bedders plus study and four-bedroom penthouses. Unit sizes range from 904 to 2,378 sq ft.
The architecture is inspired by the cubist paintings of Piet Mondrian, based on lines and planes.
Parc Mondrian is Bukit Sembawang's first residential release this year. Projects it is expected to launch this year include two freehold District 9 condos - the 102-unit Paterson Suites and the 123-unit The Vermont on Cairnhill.
Last year, Bukit Sembawang bought the Carlton Terrace site in Holland Road in a collective sale. It plans to develop a five-storey freehold condo of about 75 units there.
Re: The Vermont on Cairnhill (D9, Freehold, Bukit Sembawang)
http://img144.imageshack.us/img144/3...719217yxw3.gif
The Vermont en bloc
9, 11 Peck Hay Rd
The prime freehold land is located near Cairnhill Road and is close to the Orchard Road shopping district and Anglo-Chinese School (Junior). Accessibility to and from the property is enhanced by its proximity to the Central Expressway. It is designated for an exclusive high-end development which offers approximately 120 units comprising 2 to 4 bedrooms with full facilities.
http://img82.imageshack.us/img82/655...186672dhc7.jpg
Re: Bukit Sembawang's Cairnhill site
Quote:
Originally Posted by ahlahdin
Bukit Sembawang has amalgamated The Vermont and Peck Hay Mansions sites into a new site with land area totalling 72,653 square feet with potential for a new 20-storey project with a potential gross floor area of 203,428 square feet. That's equivalent to about 100 units averaging 2,000 square feet each.
It is rumoured that Bukit Sembawang will be "conservative" with the pricing for their Cairnhill site, aiming to sell at around $2,200 psf.
$2200 psf? You sure? Nowadays "conservative" in Cairnhill means at least $3000 psf!
Re: Bukit Sembawang's Cairnhill site
Quote:
Originally Posted by Unregistered
$2200 psf? You sure? Nowadays "conservative" in Cairnhill means at least $3000 psf!
is it true that all new launches are at least $3000 psf? at this price, wouldn't one be better off getting a unit at the light or cairnhill crest? i still see transactions at below $2000 psf for both the developments.
Re: Bukit Sembawang's Cairnhill site
Quote:
Originally Posted by Unregistered
is it true that all new launches are at least $3000 psf? at this price, wouldn't one be better off getting a unit at the light or cairnhill crest? i still see transactions at below $2000 psf for both the developments.
If one is able to get The Light or Cairnhill Crest below $2000 psf, do it. If you can find any seller willing to sell below $2000 psf, break the bank to buy it man. It is a good deal.
Vermont on Cairnhill Last Lelong Unit for Sale
Last developer's unit! All remaining 34 units sold in 2 weeks during the 'lelong' exercise in August.
Showflat for sale at $3.347m. A lower-floor #11-03 was already done at a higher $3.387m in the resale market on 10 Sep 2014.
Yet this showflat is fully fitted-out, and YET more tax rebates will be given alongside!
Don't miss out this good deal liao. Call me at 96882200 to view the unit and/or for more info about the tax rebates.
Actual unit for sale, fully-fitted out:
http://img.photobucket.com/albums/v5...ps1882386b.jpg
http://img.photobucket.com/albums/v5...psf9a31b0e.jpg
http://img.photobucket.com/albums/v5...ps64f5b851.jpg
http://img.photobucket.com/albums/v5...ps206194ca.jpg
Facilities on 1st to 3rd floors:
http://img.photobucket.com/albums/v5...ps892f69e9.jpg
The buyer of #11-03 must be jumping mad. Quick quick arrange a viewing with me at 96882200 now. :D
