The Lakefront Residences (D22, 99 years leasehold, Keppel Land)

[gfoo]

hahah... It's $1300psf with unit on high floor

no kidding..geez... and it's nowhere near the lake.

i think one should be careful and study what the government has said about JLD, transacted land sales, tendered commitments, etc, before pricing in the hype.

[kane]

enbloc won't happen so soon when the govt is committed to release more land under GLS.

[devilplate]

Devilplate wats yr view on LF? Over or under price? Did u go n see? Yr view is always very neutral

i went to see jus now....3bedder ground flr units is attractively priced at ard 750psf which is only cost 80k more for the same stack 2nd flr unit for the extra 500sqft patio....(nowhere close to westman's bro unit at 680psf)

i tink the ground flr units can make some $$ in future....
last time i also noticed scala 2bedder ground flr unit actually cheaper den the 2nd flr same stack unit and get extra 100sqft patio somemore! i wonder how developer's price their ground flr units.....very kelong

those units facing the school will have partial lakeview which is almost fully sold out oredi

furnishing is not bad for mass market standards BUT i realise the bedrooms flr is actually laminated timber flr....looks really like big timber strips which i was impressed initially...

personally, i find this pricing high at this point of time....future lakeside development potential oredi priced in.....perhaps 100psf lower will be a fair price....keppeland nvr leave any cream for buyers....

i wud expect the simei plot to follow the pricing...

[westman]

no kidding..geez... and it's nowhere near the lake.

i think one should be careful and study what the government has said about JLD, transacted land sales, tendered commitments, etc, before pricing in the hype.

Actually, agreed with you about those and that y I did not ink a unit today (04-26 for 739k)..

However, I see that Jurong will change and perception on Jurong will change too...

Question is... How long?

[devilplate]

btw, average psf is around 1100psf la...only 1bedders is above 1300psf

3bedder, ard 1ksqft priced at ard 1-1.1kpsf
2bedder ard 720-750sqft priced at 1.1-1.2kpsf

pls dun use 1.2kpsf to judge...

[kane]

i went to see jus now....3bedder ground flr units is attractively priced at ard 750psf which is only cost 80k more for the same stack 2nd flr unit for the extra 500sqft patio....(nowhere close to westman's bro unit at 680psf)

i tink the ground flr units can make some $$ in future....
last time i also noticed scala 2bedder ground flr unit actually cheaper den the 2nd flr same stack unit and get extra 100sqft patio somemore! i wonder how developer's price their ground flr units.....very kelong

those units facing the school will have partial lakeview which is almost fully sold out oredi

furnishing is not bad for mass market standards BUT i realise the bedrooms flr is actually laminated timber flr....looks really like big timber strips which i was impressed initially...

personally, i find this pricing high at this point of time....future lakeside development potential oredi priced in.....perhaps 100psf lower will be a fair price....keppeland nvr leave any cream for buyers....

i wud expect the simei plot to follow the pricing...

"high at this point in time..." is probably the most accurate way of putting it. I used to think City Sq Resi was high at that point in time. if that was high, now is astronomical...

[gfoo]

Actually, agreed with you about those and that y I did not ink a unit today (04-26 for 739k)..

However, I see that Jurong will change and perception on Jurong will change too...

Question is... How long?

i think perceptions of jurong will change in a major way when and if its proximity to heavy industries end. historically jurong was planned as a working class district in support of the factories and heavy industries there. JLD is a proposed plan that the govt has said will happen in 10-15 years. That's very far away. And until firm plans have been drawn, tenders awarded, and land sales embarked - it's just another pipe dream.

Look at spottiswoode. Big hype around tg pagar moving out not because of a government policy, but a recommendation paper by a subcommittee. jeez. moving a port out of tg pgr will take 15-20 years at least. and that is if there isn't another economic crisis down the road. same issue with sports hub and other grandiose ideas. even changi business park - there is no vibrancy there, it's just another big IBP.

even marina bay talk cock one. build 4 office towers and a boring casino, and call it singapore's premier downtown? all those nice drawings and plans - pui. the only saving grace is that $60b has been all tendered out and awarded for gardens etc, so it will happen.

before one executes, please study google maps. and take note of the environmental factors.

[DC33_2008]

It depends on who are the residents. PES can be problem as upstair neighbours throw all sort of things down. It can be a nuisance.

i went to see jus now....3bedder ground flr units is attractively priced at ard 750psf which is only cost 80k more for the same stack 2nd flr unit for the extra 500sqft patio....(nowhere close to westman's bro unit at 680psf)

i tink the ground flr units can make some $$ in future....
last time i also noticed scala 2bedder ground flr unit actually cheaper den the 2nd flr same stack unit and get extra 100sqft patio somemore! i wonder how developer's price their ground flr units.....very kelong

those units facing the school will have partial lakeview which is almost fully sold out oredi

furnishing is not bad for mass market standards BUT i realise the bedrooms flr is actually laminated timber flr....looks really like big timber strips which i was impressed initially...

personally, i find this pricing high at this point of time....future lakeside development potential oredi priced in.....perhaps 100psf lower will be a fair price....keppeland nvr leave any cream for buyers....

i wud expect the simei plot to follow the pricing...

[990113d03]

Come the Simei plot, it will be another $1100psf project and the selling pt by developer is 4th university and Changi Business Park & super near MRT. Does it sound familiar to Lakefront here? Super near MRT, upcoming Jurong Lake district and near NTU... So Caspian selling at $620psf and double bay residences selling at $650psf in Q12009 are both super undercut less than 2 years ago? Or is it simply that both the land bids for Lakefront and the coming simei plot are overbidded at >500psf?

[extremme]

It depends on who are the residents. PES can be problem as upstair neighbours throw all sort of things down. It can be a nuisance.

Yeah ESP if prc ...

[DC33_2008]

At least local leaders set vision. Most of the time they are realized. Like what they said about SGP VS Mas recently on GDP. Singapore is a marathon runner and not 100m sprinter.

i think perceptions of jurong will change in a major way when and if its proximity to heavy industries end. historically jurong was planned as a working class district in support of the factories and heavy industries there. JLD is a proposed plan that the govt has said will happen in 10-15 years. That's very far away. And until firm plans have been drawn, tenders awarded, and land sales embarked - it's just another pipe dream.

Look at spottiswoode. Big hype around tg pagar moving out not because of a government policy, but a recommendation paper by a subcommittee. jeez. moving a port out of tg pgr will take 15-20 years at least. and that is if there isn't another economic crisis down the road. same issue with sports hub and other grandiose ideas. even changi business park - there is no vibrancy there, it's just another big IBP.

even marina bay talk cock one. build 4 office towers and a boring casino, and call it singapore's premier downtown? all those nice drawings and plans - pui. the only saving grace is that $60b has been all tendered out and awarded for gardens etc, so it will happen.

before one executes, please study google maps. and take note of the environmental factors.

[gfoo]

Come the Simei plot, it will be another $1100psf project and the selling pt by developer is 4th university and Changi Business Park & super near MRT. Does it sound familiar to Lakefront here? Super near MRT, upcoming Jurong Lake district and near NTU... So Caspian selling at $620psf and double bay residences selling at $650psf in Q12009 are both super undercut less than 2 years ago? Or is it simply that both the land bids for Lakefront and the coming simei plot are overbidded at >500psf?

personally i like that tampines devt. at least it is truly in front of a lake/reservoir.

[extremme]

Btw sidetrack abit does anyone know wat is being built at e plot of land diagonally opposite pioneer mrt? Super curious wat it is..Duno is it somemire hdb..contractor is Kwan Yong construction

[gfoo]

At least local leaders set vision. Most of the time they are realized. Like what they said about SGP VS Mas recently on GDP. Singapore is a marathon runner and not 100m sprinter.

true. i was once dumb enough to believe malaysia's iskandar hype. i bought into it, and i just sold it. 4 bloody years, happy to breakeven in inflation terms.
waste my time

and from sale to cheque collection almost one bloody year coz new taxes, stamp duties etc were introduced from when i bought it.

[mantrix]

Yeah ESP if prc ...

Just build a canopy loh...

[990113d03]

Historically, Jurong West's property prices are among the lowest in Spore, on par with Woodlands, Yishun, CCK. With the Jurong Lake plan which is barely at its infant stage, we are already seeing prices hitting $1200psf compared to Caspian launch price of $600psf. The JLB may well turn out to be the 2nd Changi Business Park... a lot of promise but not fulfilled.

[devilplate]

personally i like that tampines devt. at least it is truly in front of a lake/reservoir.

yes agreed....fronting reservoir with no roads in between and no MRT track noise....i only find the 2 big round pools too cute...lol

[akow]

Btw sidetrack abit does anyone know wat is being built at e plot of land diagonally opposite pioneer mrt? Super curious wat it is..Duno is it somemire hdb..contractor is Kwan Yong construction

The land is under MOE purview...
New primary sch development.
http://www.moe.gov.sg/media/press/20...mary-schoo.php

[gfoo]

Historically, Jurong West's property prices are among the lowest in Spore, on par with Woodlands, Yishun, CCK. With the Jurong Lake plan which is barely at its infant stage, we are already seeing prices hitting $1200psf compared to Caspian launch price of $600psf. The JLB may well turn out to be the 2nd Changi Business Park... a lot of promise but not fulfilled.

very unlikely. jurong already has IBP which hasn't really taken off for so long. not to mention JLD has to go compete with CBP, One North/Fusionpolis/Similanpolis, marina bay, sports hub, seletar aerospace hub, south beach, kallang commercial hub --- singapore got so many hubs, every 5min drive you will hit one.

[gfoo]

yes agreed....fronting reservoir with no roads in between and no MRT track noise....i only find the 2 big round pools too cute...lol

agreed, somemore this locality doesn't suffer from heavy industry proximity. this one and the recently launched one fronting seletar reservoir i like a lot. got potential these 2.

[DC33_2008]

I believe is part of the Master Plan where the whole country must excel together. Things must move in tandum as Singapore is so small. We have to show to the world that we are a vibrant and exciting place. More GT....

[westman]

i think perceptions of jurong will change in a major way when and if its proximity to heavy industries end. historically jurong was planned as a working class district in support of the factories and heavy industries there. JLD is a proposed plan that the govt has said will happen in 10-15 years. That's very far away. And until firm plans have been drawn, tenders awarded, and land sales embarked - it's just another pipe dream.

Look at spottiswoode. Big hype around tg pagar moving out not because of a government policy, but a recommendation paper by a subcommittee. jeez. moving a port out of tg pgr will take 15-20 years at least. and that is if there isn't another economic crisis down the road. same issue with sports hub and other grandiose ideas. even changi business park - there is no vibrancy there, it's just another big IBP.

even marina bay talk cock one. build 4 office towers and a boring casino, and call it singapore's premier downtown? all those nice drawings and plans - pui. the only saving grace is that $60b has been all tendered out and awarded for gardens etc, so it will happen.

before one executes, please study google maps. and take note of the environmental factors.

Good points.
Oso, what happened to Woodlkand regional centre and Tampines Business Hub... Big fanfare when started and see what happened now...

[DC33_2008]

Quote from MM: HDB flat owners should not sell their flats, as they are assets that will appreciate in value year after year, said Minister Mentor Lee Kuan Yew on Saturday night. Private properties will rise.

[august]

well at least this project still slightly cheaper den scala and layout also slightly better den scala

however, scala much quieter and just next to underground mrt

lakefront's draw is the future lake developments

[990113d03]

JLD will follow Tampines Business hub, Woodlands regional centre's footsteps... Thunder big, rain drops small.... Jurong all along is not known to be a place the rich buys into...there is a big population of HDB enclaves in jurong that are relatively v cheap as all along, common folks who want cheaper hdb flats choose jurong. The more expensive hdbs are in AMK, Bishan, Queenstown & TPY. The big gap between HDB & Private condo in jurong now will be even greater in future. This is not a healthy sign.

[KC76]

i think perceptions of jurong will change in a major way when and if its proximity to heavy industries end. historically jurong was planned as a working class district in support of the factories and heavy industries there. JLD is a proposed plan that the govt has said will happen in 10-15 years. That's very far away. And until firm plans have been drawn, tenders awarded, and land sales embarked - it's just another pipe dream.

Look at spottiswoode. Big hype around tg pagar moving out not because of a government policy, but a recommendation paper by a subcommittee. jeez. moving a port out of tg pgr will take 15-20 years at least. and that is if there isn't another economic crisis down the road. same issue with sports hub and other grandiose ideas. even changi business park - there is no vibrancy there, it's just another big IBP.

even marina bay talk cock one. build 4 office towers and a boring casino, and call it singapore's premier downtown? all those nice drawings and plans - pui. the only saving grace is that $60b has been all tendered out and awarded for gardens etc, so it will happen.

before one executes, please study google maps. and take note of the environmental factors.

Reminds me of Punggol Waterfront dream mentioned many years back. Has the longkao being turned into waterfront yet?

[august]

true. i was once dumb enough to believe malaysia's iskandar hype. i bought into it, and i just sold it. 4 bloody years, happy to breakeven in inflation terms.
waste my time

and from sale to cheque collection almost one bloody year coz new taxes, stamp duties etc were introduced from when i bought it.

aiyo... msians i know are buying into SG since time immemorial n not touching ashkanda.. wat were u thinking?

[DC33_2008]

Science Centre will not be moving so soon. Heard that it will be delayed.

lakefront's draw is the future lake developments

[gfoo]

aiyo... msians i know are buying into SG since time immemorial n not touching ashkanda.. wat were u thinking?

i was 28, saw bungalows built right smack amidst lush golf course, and my agent had big boobies (msian girls sighz). so had this grandiose colonial dream of living there, with a mat chauffeur driving me into singapore daily in a perdana istimewa. last time second link truly no one use, from the place to town about 30mins incl clearing customs during peak hour.

i was a fukwit. luckily broke even. i heard worse horror stories.

[extremme]

The land is under MOE purview...
New primary sch development.
http://www.moe.gov.sg/media/press/20...mary-schoo.php

Thks I was hoping for mkt or something sian dat road there every morn ordy jam wif a primary school there lagi worse!!!