Eu Habitat- Jalan Eunos

**Worsty** · 13-09-11, 20:39

Originally Posted by GSLJ

Yeah!

Hope China power comes and buys up all the remaining units!

What's the benefit of a 100% sold out development within 1-2 months of official launch as opposed to say, one taking until TOP to sell it all off?

**Laguna** · 13-09-11, 21:59

Originally Posted by blackpepperj

This project will be extremely noisy, from PIE and from residents.

yes, agreed
but there are few units with good X factors.

It is interesting that FEO has the star buy to move the so so units...

**azeoprop** · 13-09-11, 22:05

Originally Posted by Worsty

What's the benefit of a 100% sold out development within 1-2 months of official launch as opposed to say, one taking until TOP to sell it all off?

Last time when a project is 100% sold, people start flipping. But now cannot liaoz, it will disappear from the radar for the next 4 years.

Vs one that sells slowly till TOP to sell out, the developer can slowly increase the price for the remaining units, hence u can see rise in valuation over time.

**Worsty** · 13-09-11, 22:11

Originally Posted by azeoprop

Last time when a project is 100% sold, people start flipping. But now cannot liaoz, it will disappear from the radar for the next 4 years.

Vs one that sells slowly till TOP to sell out, the developer can slowly increase the price for the remaining units, hence u can see rise in valuation over time.

So it's better to sell slowly till TOP these days then..at least from what i infer

**Worsty** · 13-09-11, 22:46

Also, anyone have a clue why this development takes exceptionally long to TOP? Launches after this have an estimate TOP a year earlier.

**Tripp** · 13-09-11, 23:01

Originally Posted by Worsty

Also, anyone have a clue why this development takes exceptionally long to TOP? Launches after this have an estimate TOP a year earlier.

TOP by 31 Dec 2016, and CSC by 31 Dec 2019.

FEO tender for construction is not out yet for EuHabitat. Is FEO waiting for lower construction costs?

I wonder what are the TOP/CSC dates for other FEO projects that launched recently (Woodhaven, Seastrand, Boathouse Residences).

Or are their preferred contractors busy working on the Waterfront projects?

**Worsty** · 13-09-11, 23:06

Originally Posted by Tripp

TOP by 31 Dec 2016, and CSC by 31 Dec 2019.

FEO tender for construction is not out yet for EuHabitat. Is FEO waiting for lower construction costs?

I wonder what are the TOP/CSC dates for other FEO projects that launched recently (Woodhaven, Seastrand, Boathouse Residences).

Or are their preferred contractors busy working on the Waterfront projects?

Woodhaven , Seastrand and Boathouse Residences are 2015. Only euHabitat's 2016.

**ecimbew** · 13-09-11, 23:22

Originally Posted by Tripp

TOP by 31 Dec 2016, and CSC by 31 Dec 2019.

It is only Sep 2011. So technically, those who bought units recently can still sell before TOP. 4 years SSD will not apply by then. But this is a 99LH land purchased by FEO in Sep/Oct 2010. You mean it takes nearly 10 years to CSC?! Oh...

Sep 7 2010 tender closed District 14 Jalan Eunos 99LH URA Far East Organization 444,136sqft 1.4 plot ratio GFA 621,793sqft $257.8m $415psf possible selling price $720-$760psf (SP:$850psf)

**GSLJ** · 14-09-11, 00:37

Originally Posted by Worsty

What's the benefit of a 100% sold out development within 1-2 months of official launch as opposed to say, one taking until TOP to sell it all off?

Once the project has sold most of the units, construction can start soon!

**GSLJ** · 14-09-11, 00:58

Originally Posted by Tripp

TOP by 31 Dec 2016, and CSC by 31 Dec 2019.

FEO tender for construction is not out yet for EuHabitat. Is FEO waiting for lower construction costs?

I wonder what are the TOP/CSC dates for other FEO projects that launched recently (Woodhaven, Seastrand, Boathouse Residences).

Or are their preferred contractors busy working on the Waterfront projects?

My current stay-

Land tenure from 1998
Expected TOP 2005
Legal completion 2008

Construction started a year later in 1999 and TOP in 2001!

For EuHabitat-

Land tenure from Dec 2010
Expected TOP- Dec 2016
Legal completion Dec 2019

So presume they start construction around end 2011, maybe can expect end 2013 or early 2014?

Once they tender out the contract and work starts, should take around 2-3 years to complete. This is a low rise 5 storey project, so maybe faster?

**DC33_2008** · 14-09-11, 08:40

Did you see how long Clift by FEO TOP? 99LH will be reduced to 93 when TOP.

Originally Posted by Worsty

Woodhaven , Seastrand and Boathouse Residences are 2015. Only euHabitat's 2016.

**flagship74** · 14-09-11, 10:00

Originally Posted by GSLJ

My current stay-

Land tenure from 1998
Expected TOP 2005
Legal completion 2008

Construction started a year later in 1999 and TOP in 2001!

For EuHabitat-

Land tenure from Dec 2010
Expected TOP- Dec 2016
Legal completion Dec 2019

So presume they start construction around end 2011, maybe can expect end 2013 or early 2014?

Once they tender out the contract and work starts, should take around 2-3 years to complete. This is a low rise 5 storey project, so maybe faster?

Maybe slower that what all of you have anticipated. Manpower issue is the main issue i believe.

**Worsty** · 14-09-11, 10:45

Originally Posted by flagship74

Maybe slower that what all of you have anticipated. Manpower issue is the main issue i believe.

I set my expectations at Dec 2015 TOP. Anything better is a bonus.

FEO do have a lot of developments running atm so manpower could be the issue...

Waterfront Wave 2012
Silversea 2014
Sound 2015
Waterfront Key, Gold 2015
Waterfront Isle 2016
Seastrand 2015
Boathouse 2015
Woodshaven 2016
euHabitat 2016

Just some off the top of my head...

**GSLJ** · 14-09-11, 11:13

Originally Posted by flagship74

Maybe slower that what all of you have anticipated. Manpower issue is the main issue i believe.

Believe so, they have many projects ongoing.

**GSLJ** · 14-09-11, 11:15

Originally Posted by Worsty

I set my expectations at Dec 2015 TOP. Anything better is a bonus.

FEO do have a lot of developments running atm so manpower could be the issue...

Waterfront Wave 2012
Silversea 2014
Sound 2015
Waterfront Key, Gold 2015
Waterfront Isle 2016
Seastrand 2015
Boathouse 2015
Woodshaven 2016
euHabitat 2016

Just some off the top of my head...

A better gauge will only be when contract out and work starts.

Then should be around 2-3 years for completion.

**Worsty** · 14-09-11, 11:18

Originally Posted by GSLJ

A better gauge will only be when contract out and work starts.

Then should be around 2-3 years for completion.

How do we check if or when the contract is out? I guess, early sell out also allows the developer to work on it earlier since they can close the showflat and all....

**iwantgizmos** · 14-09-11, 11:34

Originally Posted by GSLJ

A better gauge will only be when contract out and work starts.

Then should be around 2-3 years for completion.

i don't mind the additional time for T.O.P, given it's reasonable....
and also the workmanship quality inside that matters....
if too rushed, might set back more time for rework or reconstruction....

**DC33_2008** · 14-09-11, 11:44

A project of this nature can go for prefab. It should be fast and maintain quality just like what they used for the construction of HDB flats. Anyway prefab yard is not too far from here.

Originally Posted by iwantgizmos

i don't mind the additional time for T.O.P, given it's reasonable....
and also the workmanship quality inside that matters....
if too rushed, might set back more time for rework or reconstruction....

**devilplate** · 14-09-11, 12:49

all depends when FEO gona start work for this project

once they get started, expect roughly 3yrs to TOP

8cy and seastrand both not fully sold but oredi started work liao lor

**GSLJ** · 14-09-11, 15:57

Originally Posted by Worsty

How do we check if or when the contract is out? I guess, early sell out also allows the developer to work on it earlier since they can close the showflat and all....

Can get the info from your agent or call FEO directly to enquire?

**GSLJ** · 14-09-11, 16:00

Originally Posted by devilplate

all depends when FEO gona start work for this project

once they get started, expect roughly 3yrs to TOP

8cy and seastrand both not fully sold but oredi started work liao lor

These 2 projects were launched earlier and before this, so quite normal.

Hope they start work for this project too soon!

**Tripp** · 14-09-11, 18:55

LATEST UPDATE AS AT 13 SEP 2011

Based on FEO's EuHabitat Available Units dated 13 Sep 2011:
http://www.feo.com.sg/FEOCorp.Upload...13Sep2011).pdf

Condos
Tower 1: Stacks 01-04 (2 left; 18 presumed sold)
Tower 2: Stacks 05-08 (5 left; 15 presumed sold)
Tower 3: Stacks 09-12 (2 left; 18 presumed sold)
Tower 4: Stacks 13-16 (0 left; 20 presumed sold)
Tower 5: Stacks 17-20 (0 left; 20 presumed sold)
Tower 12: Stacks 21-26 (4 left; 26 presumed sold)
Tower 13: Stacks 27-32
Tower 14: Stacks 33-38 (0 left; 30 presumed sold)
Tower 15: Stacks 39-44 (1 left; 29 presumed sold)
Tower 16: Stacks 45-50 (0 left; 30 presumed sold)
Tower 27: Stacks 90-93
Tower 28: Stacks 86-89
Tower 29: Stacks 83-85

Suites
Tower 17: Stacks 51-58 (0 left; 40 presumed sold)
Tower 18: Stacks 59-66 (0 left; 40 presumed sold)
Tower 19: Stacks 67-74 (5 left; 35 presumed sold)
Tower 20: Stacks 75-82 (0 left; 40 presumed sold)

SOHOs
Tower 21: Stacks 94-101
Tower 22: Stacks 102-110 (0 left; 45 presumed sold)
Tower 23: Stacks 111-119 (8 left; 37 presumed sold)
Tower 24: Stacks 120-128 (all unsold units reserved)
Tower 25: Stacks 129-134
Tower 26: Stacks 135-140 (11 left; 19 presumed sold)

Townhouses
Total Townhouses available: 51 units
Total Townhouses presumed launched: 29 units
Total Townhouses sold:
Units 256, 258, 260, 262, 264, 266, 268, 270, 272, 274, 276, 278, 280, 282, 284, 286, 288, 290, 292, 294, 296, 300, 302, 304, 306, 310, 312 (Total: 27 units)
Townhouses available:
Units 298, 308 (Total: 2 units)

FINAL GUESSTIMATED TALLY (based on pricelist only)
Total units available: 748
Total units presumed sold: 489 (out of 748; 65.4% sold)
Total units presumed sold (if regard Tower 24 as fully sold): 534 (71.4% sold)

Note:
* Tower 24 sales suspended - Chinese property group to buy all remaining unsold units
* Tower 27 + new Townhouses units launched (Units 322, 324, 326, 328, 330, 332) but not reflected in latest pricelist - hence did not compute their sales status.

**Laguna** · 14-09-11, 21:10

The amount of money that FEO spent on the advertisment of this project is unthinkable.
Can see the sales been slow down last weekend...not sure is it due to holding back of the balance of stocks

**Stoney Stone Stone** · 14-09-11, 21:34

Originally Posted by Laguna

The amount of money that FEO spent on the advertisment of this project is unthinkable.
Can see the sales been slow down last weekend...not sure is it due to holding back of the balance of stocks

They rushed to queue at ATT.

**GSLJ** · 14-09-11, 21:40

FEO holding back the launch of the balance towers and townhouses, maybe to sell during the China property tour on Sept 22nd?

China power may just come and sweep them all up!

**Stoney Stone Stone** · 14-09-11, 21:46

Originally Posted by GSLJ

FEO holding back the launch of the balance towers and townhouses, maybe to sell during the China property tour on Sept 22nd?

China power may just come and sweep them all up!

HUH......
EU HABITAT or CN HABITAT?
Haiz.......

**Worsty** · 15-09-11, 10:02

Originally Posted by Stoney Stone Stone

HUH......
EU HABITAT or CN HABITAT?
Haiz.......

Doesn't really matter if it helps to sell out the development to hasten construction. Don't think they will be the ones staying in the premises anyway.

**GSLJ** · 15-09-11, 14:40

Originally Posted by Worsty

Doesn't really matter if it helps to sell out the development to hasten construction. Don't think they will be the ones staying in the premises anyway.

Went to have a look today.

Some construction guys there doing up the barricade for the surrounding land perimeter.

Think maybe going to start soon.

**bargain hunter** · 15-09-11, 15:05

Top Seller status for Aug with 439 confirmed sold units.

**rattydrama** · 15-09-11, 15:28

Originally Posted by GSLJ

FEO holding back the launch of the balance towers and townhouses, maybe to sell during the China property tour on Sept 22nd?

China power may just come and sweep them all up!

actually FEO is doing this in many of their other projects, from CCR CLIF to OCR Woodheaven.

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