what happened after the initial hype?
9 more sold in oct. 125 out of 239 units to go.
what happened after the initial hype?
9 more sold in oct. 125 out of 239 units to go.
The only way to go is up as Meyerise is a freehold condo sited on a prime site at Meyer Road with a seaview.
Already outskirts less prestigious condos are already calling at $1500psf, how can a prime location call for any lesser? In addition, Meyer/Amber areas will soon announce the construction of an mrt line linking them directly to Changi Airport and to the City without interchange in 2018. This will push the price much much higher from now.
To be honest, as an agent, I personally felt that these areas in the east are underpriced.
simple, bcos it doesnt have a mall below it.Originally Posted by Shawn
You make yrself sound like a fool posting such remark. Most people dont like to have shops or mall below their condo cause it invaded on their privacy and exclusiveness.Originally Posted by august
Even HDB with shops below call a lower price and lesser demand as its noisy and less exclusive.
Originally Posted by Shawn
are u so sure MOST people dont like mall below their condo?
explain BR then.
meyerise penthouse, 5490 sq ft ASK 20m, 3643psf.
recent transaction, Paterson Suites penthouse, 6663 sq ft SOLD for 20m, 3002psf.
THE ORCHARD RESIDENCES ORCHARD BOULEVARD Apartment 1 7,608,888 1,808 Strata 4,208 Oct-11Originally Posted by Shawn
hi shawn, what do u think of this development for privacy and exclusiveness?
Not sure about most people, but i think quite a lot of people do not like malls below their condo. I certainly just want to live a quiet life at home and not face the hustle and bustle of the mall each time i return or leave my private enclave.
Originally Posted by DaytonaSS
Well honest speaking i never like a condo near Orchard cause I myself personally own a unit at St Martin Residence at Martins Drive near Tanglin Mall. Although my unit seems quiet at night but its still close to nearby developments. Privacy is invaded. Thank God i dont have to live there am renting out to a foreigner.Originally Posted by DaytonaSS
The East especially Meyer/Amber is a nice location to live. Am planning to buy one unit there for myself.
Waiting for falling durian.Originally Posted by Shawn
So which condo tat u r planning to buy, shawn?
Originally Posted by Shawn
I am looking around the Amber/Meyer area. Reasons ?? Cause the upcoming Eastern Regional MRT line is coming up there in 2018 and the government will shortly announce the construction of this new line. The interesting thing about this line is that it is directly connected to the Airport via Marina Bay area (City). There is no interchange.Originally Posted by CanWe
Secondly, this area is slated to be the next up and coming area with the new Malls (Katong 112, Paramount Hotel/Shopping (under reno), and possibly the fact that the huge old Katong Shopping Centre might go for enbloc and revamp real soon.
Thirdly in 2015, the casino license will be opened to others making areas like Marina East and Marina South a possible area for new IRs. I can bet that the most possible sites are Marina East and the remainding Marina South zone. This is not based on speculation but based on my conversations with high net worth people, as well as studying the available of land plots near city areas.
Fourthly the Amber/Meyer area is the last available freehold plots facing the sea. There are no other plots left in Singapore which is freehold and facing the sea. If the IR comes into reality in the Marina East area, you can imagine how much this area (Amber/Meyer) will call for. I can bet a range of $2000-2500psf will be the norm in this area in the very near future.
Fifth, the Amber/Meyer area is one of the most developed matured private estate in Singapore making it highly desirable to affluent residents whom are acquainted with this neighborhood.
1 more sold at 2008psf in dec. this project has been so cool since the initial euphoria. 124 out of 239 to go.
Shawn, why is The Belvedere (quite new) and The Makena (old) so low priced compared to Meyerise. Belvedere seems nice, can see the sea and katong park.Originally Posted by Shawn
ERL will not be ready in 2018. TSL will be completed around 2018.
The plan is to complete DTL1 in 2013, DTL2 in 2015, DTL3 in 2017, TSL in 2018 and ERL in 2020. There isn't enough resources to get all construction going at the same time. Dun forget there is still NSE coming up. And the MCE is still ongoing.
Belvedere is not a new condo . Its about 5 years old i guess. Makena is an older condo roughly more than 13 years. Why dont u go into one of the Makena unit and have a look at its furnishings?? By then u will be able to understand why its cheaper. Belvedere is more expensive in terms of psf if compared to Makena. Meyerise is higher psf as it is a new development and it also has a better seafacing whereas Belvedere faces the mainly reclaimed land (Fort Road) with the sea view much further afield.Originally Posted by hopeful
Similarly how come the new HDB DBSS is calling a higher price than the run down 15 year old HDB ??? I hope i am answering yr question.
Have been to view units at Belvedere. The high floor units have very nice and close view of the sea front, city, and Katong Park is just next to it. But the site is very much smaller than Makena.Originally Posted by Shawn
To anyone interested in Belvedere. Please look at URA's masterplan. The land immediately west and south is zoned residential (some plot ratio as Belvedere). The priced views are going to be blocked in the future.Originally Posted by ekl2ekl2
If I'm a owner, I'll sell it quickly before URA launches the land.... or when the rest of singapore discovers this.
Even part of seafront is affected.
Only good for stack 1 -3Originally Posted by ekl2ekl2
4-7 : facing afternoon sun
stack 1 : all bedrooms suffer from morning sun, and super noisy
2 -3 will be the better ones, but noisy
dun like the layout
That reclaimed land near Fort Road is slated for residential but its highly likely that it will be an extension of future offices and a new IR when a new license will be issued in 2016. Bear in mind that Malaysia-Singapore JV also own quite a bit of the land there.Originally Posted by sh
Bear in mind also that that piece of land facing the sea is a fine beach front property. As such, it is a very precious piece of land as the beach there is almost undisturbed. There is no other place in Singapore which is still empty and is a beachfront. Only Marina East. Marina South has no beachfront. My bet and chats with many people telling me that an IR operator will get a licence to operate an international resort and gaming venue there. This will make Singapore an even more exciting venue for tourists.
I'm not talking about the reclaimed land on the opposite side of ECP. I'm talking on the plot immediately adjoining belvedere, currently part of katong park. That will definately block belvedere!Originally Posted by Shawn
MRT stationOriginally Posted by sh
New launch beside will push up it price? best if its FEO who would charge a head,arm,leg more than anything in the area.! sure higher than meyerise!Originally Posted by sh
FEO no longer tat agressive liao la.....their preview px quite cheep cheep lorOriginally Posted by minority
capitaland bedok residence worse ok.....preview px 1bdr oredi 1400psf
That piece of land is highly likely to be a MRT station.Originally Posted by Laguna
Originally Posted by devilplate
heard their current watertown 3bedder asking 1450psf-1500psf..
but yes early bird bought some not so ideal stack at 1050psf.
another mall cum mrt cum residential on katong park? but I would hate to see the park disappear. we are loosing green space like crazy..Originally Posted by latour
zoned residential lah.... MRT station usually below road and will not take up so much space.Originally Posted by latour
garment land sale. 99LH lah, how to compare with FH.Originally Posted by minority
pity belvedere when that happens.
I Recall that .....very Sharp observation....
Same issue with aristo@amber...
Originally Posted by sh