Montebleu (D11, Freehold, Soilbuild)
As told to me by an agent, this will be a tall condo (30 storeys, 150 units, to be confirmed) taking up a huge plot almost a street block intersected by Martaban, Mandalay, and Minbu Road. I think it is going to look quite good, because Soilbuild is known for their modern architecture like Pinnacle 16, Mill Point, Cliften, and Mandale Heights. I was invited to the pre launch last Saturday, however didn't go... but still am quite interested in this.
http://img145.imageshack.us/img145/8...827984y3eh.gif
I think they bought over the Salvation Army land. Medge will be the tiny one sandwiched inside this huge Soilbuild plot.
Re: Soilbuild high rise condo on Martaban Rd
Is this freehold? Walking distance to MRT?
Re: Soilbuild high rise condo on Martaban Rd
Quote:
Originally Posted by Madeira
Is this freehold? Walking distance to MRT?
Yes it is freehold.
As you can see from the map below, it is quite far from Novena and Toa Payoh MRT. To Novena MRT, it involves a walk up and down the slopes. My husband and I both drive so it isn't a big concern for us but I know for many people it matters, especially those who plan to lease out their units. Many expats do not drive.
http://img145.imageshack.us/img145/5...827984y0br.gif
Re: MonteBleu (D11, Freehold, Soilbuild)
Re: MonteBleu (D11, Freehold, Soilbuild)
Location: Minbu Road (D 11)
Total no. of units: 151 (34 storey)
Tenure: Freehold
Site Area: 58,019 sqft
Expected TOP: Dec 2011
Units Types:
*1 BR ~ 570 sqft (15 units)
*2 BR ~ 800 to 1070 sqft (51 units)
*3 BR ~ 1140 to 1420 sqft (40 units)
*4 BR Executive Suites ~ 1470 to 2160 sqft (42 units)
*4 BR Penthouses ~ 2640 sqft (1 unit)
*5 BR Penthouses ~ 2560 to 2910 sqft (2 units)
Price: expected $950-1150 psf
Re: MonteBleu (D11, Freehold, Soilbuild)
Quote:
Originally Posted by Unregistered
Price: expected $950-1150 psf
!!!! why so expensive??!!!!
Re: MonteBleu (D11, Freehold, Soilbuild)
Expensive because this will be the new 'hot' area.
Re: Montebleu (D11, Freehold, Soilbuild)
Re: Montebleu (D11, Freehold, Soilbuild)
Soilbuild are a bit late, but here is the official announcement
Soilbuild's Latest Condominium in Novena * Montebleu * Is Fully Sold
· All 151 units were sold during the one month preview period
· Leonie Parc View and The Centrio in the pipeline of new launches
Singapore, 16 May 2007 * SGX-Mainboard listed Soilbuild Group Holdings Ltd
(Soilbuild) has fully sold its latest 34-storey luxury condominium development,
Montebleu, in Novena.
All 151 units were sold during the preview period which began in mid-April at Minbu Road. The freehold development saw a wide range of interest from overseas buyers and investors as well as local buyers. Among the buyers was an overseas institutional investor who acquired 37 units at an average price of S$1,050 per square foot.
Said Mr Low Soon Sim, Executive Director of Soilbuild, "We are pleased that our latest and largest project to date, Montebleu has received such strong responses from overseas and local investors seeking exclusive projects in choice locations. This is the second development we have fully sold this year, the first being the high-end One Tree Hill Residence which was sold out at the beginning of the year. Investors and buyers appreciate the innovative designs and layouts, and can look forward to more exclusive developments, such as our flagship development in the prime Orchard district, Leonie Parc View, our upcoming The Centrio in Novena and Espa at Cashew Road. With the stream of new developments, we are well-positioned to tap on the strong investors' confidence in Singapore's residential property market."
Montebleu is poised to be one of Novena's tallest landmarks. The property sits on a 58,673 sq ft plot and will house one- to five-bedroom units, including executive suites and three penthouses. The floor areas range from 570 sq ft to 2,896 sq ft. Units come with balconies, bay windows, dry and wet kitchens, designer wardrobes, ensuite baths and quality sanitary ware.
Page 1 of 4
An attractively designed and spacious recreation deck on the fifth level enhances the development's resort style ambience. Facilities on the fifth level include a garden terrace, swimming pool, jacuzzi corner, children's wading pool, gymnasium, steam room, function hall, barbeque area and children's playground.
The beautifully landscaped Sky Terrace on the 14th storey is designed for more private occasions such as the hosting of exclusive functions and the gathering of friends for a spa experience. Over at the ground floor, there is a tennis court and jogging path.
Soilbuild has several upcoming projects lined up, including the luxurious 44-unit Leonie Parc View at Leonie Hill Road, the 53-unit The Centrio at Novena, and a 78-unit Espa at Upper Bukit Timah.
For further information, please contact:
Mr Then Chee Tat, Chief Financial Officer, Soilbuild Group Holdings Ltd
at (65) 6542 2882 or email:
[email protected]
Ms Geraldine Leong, Principal Consultant
at (65) 6463 2043 / 9639 9305 or email:
[email protected]
Page 2 of 4
About Soilbuild Group Holdings Ltd
Soilbuild is an innovative property developer with a development portfolio of mid to high-end residential properties and business space properties for MNCs and SMEs.
With an established track record of more than 30 years, the Group was listed on the Singapore Exchange in January 2005 and has successfully acquired and developed a range of residential properties mainly in prime urban districts.
Led by an experienced management team that has blended strong entrepreneurial spirit, professional management and technical expertise, the Group has developed a unique business strategy aimed at enhancing value for its customers, business partners and shareholders. Through shortening its investment-to-sales cycle, the Group seeks to enhance its returns and to manage its risks prudently. By leveraging on its strengths in design and innovation, the Group is also able to maximise yields for mid-size plots of residential properties.
Since 2005, the Group has also developed a portfolio of properties purpose-built for business use by MNCs and SMEs in various sectors. It has worked closely with JTC Corporation under the Developer Partnership Programme and leveraged on its expertise under "design, build and lease/sell" schemes to become a leading player in the private sector for the business space segment of the property market.
The residential properties projects being developed by the Group include Leonie Parc View, Montebleu, The Centrio, Espa and One Tree Hill Residence. Recently completed residential properties include Cliften, Pinnacle 16, Mill Point and Mandale Heights. Complementing these developments are Eightrium @ Changi Business Park, terrace factories for the food manufacturing industry at Senoko Food Connection and terrace factories for light industries at Pioneer Lot and Kranji Linc.
Since 1998, Soilbuild has won a total of five Enterprise 50 Awards and five SME 500/1000 Awards including SME with the Highest Net Profit and Most Promising SME Awards (S$50m turnover) for 2004/5.
Page 3 of 4
Annex A
Montebleu * Soilbuild's latest 34-storey condominium is poised to be one of Novena's tallest landmarks.
Page 4 of 4
Re: Montebleu (D11, Freehold, Soilbuild)
Weekend, May 19, 2007
Montebleu condo a sell-out
— jOSEPH yADAO
SOILBUILD Group Holding's latest condominium project, Montebleu, is sold out, with an overseas institutional investor acquiring 37 out of the 151 units of the project in Novena.
The freehold, 34-storey development at Minbu Road attracted local buyers as well as overseas buyers and investors.
"Considering the many developments available in the Novena district, the take-up rate has been excellent. We achieved average prices of nearly $1,000 per square foot (psf), with some units reaching a high of $1,250," said Mrs Kellie Liew, executive vice-president of projects at HSR International.
The 37 apartments acquired by the overseas institutional investor were sold at an average price of $1,050 psf.
"We are pleased that our latest and largest project, Montebleu, has received such strong response from overseas and local investors seeking exclusive projects in choice locations," said Mr Low Soon Sim, executive director, Soilbuild.
Sitting on a 58,673-sq-ft plot, Montebleu is set to be one of Novena's tallest landmarks.
It has one- to five-bedroom apartments, including executive suites and three penthouses.
These units range in size from 570 sq ft to 2,896 sq ft.
The apartments come with balconies, bay windows, dry and wet kitchens, designer wardrobes, en suite baths and quality sanitary ware.
This is the second development Soilbuild has fully sold this year.
The high-end One Tree Hill Residence on Grange Road, was sold out at the beginning of this year.
— jOSEPH yADAO
Re: Montebleu (D11, Freehold, Soilbuild)
If an overseas fund bought 37 units, they should be obliged to declare the name of the company.
Without names, anyone can be an overseas institution, Just need to setup an offshore holding company in BVI or Bahamas and developer can pretend to sell the units to them.
Though not impossible, I really wonder why any overseas fund would be looking at $1000psf properties. And only 37 units? Does not make financial sense to me. Even the expenses and analysis of the purchase would be too high for such a small deal.
Re: Montebleu (D11, Freehold, Soilbuild)
True, it is possible. That is a trick that all developers should learn (if they haven't already).
Re: Montebleu (D11, Freehold, Soilbuild)
http://img338.imageshack.us/img338/4...196c220ey6.jpg
A 34-storey residential development
Freehold
TOP Date 2nd Half 2009
151
100% sold
Montebleu, a stunning 34-storey landmark and one of Novena's tallest, is a befitting statement of how you want to live today. Clad in cool grey and white tones, and defined by its sheer curtain wall of aluminium and glass interspersed with balconies of frameless glass parapets, Montebleu spells post-modern elegance.
An attractively designed and spacious recreation deck on the fifth level further enhances the development's resort style ambience. Facilities on the fifth level include a garden terrace, swimming pool, jacuzzi corner, children's wading pool, gymnasium, steam room, function hall, barbeque area and children's playground.
For those who entertain, the beautifully landscaped Sky Terrace on the 14th storey is a wonder to behold. This open-space concept is designed for more private occasions such as the hosting of exclusive functions and the gathering of friends for a spa experience.
Over at the ground floor, you'll find a tennis court and jogging path, and a porte cochere to welcome you home and elevate you to one of Novena's highest points of achievement. With its balconies, bay windows, dry and wet kitchens, designer wardrobes, ensuite baths and quality sanitary ware, Montebleu is the epitome of luxury living.
Need some help with transaction histories
Hi can someone please post the past transactions for Montebleu 1141sqft units with the unit number and the transacted price please?
Would be much appreciated, cheers!