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Thread: Paterson Suites (D9, Freehold, Bukit Sembawang)

  1. #1
    joe
    Guest

    Default Paterson Suites (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.

  2. #2
    joe
    Guest

    Default Re: Paterson Suites (D0, Freehold, Bukit Sembawang)



    This prime freehold development is just a stone throw away from the Orchard Road shopping district. It is 5 minutes' walk to Orchard MRT Station and a short drive to the Central Business District. The proposed development comprises approximately 200 luxurious units (3/4 bedrooms & penthouses) with basement carpark, tennis court, swimming pool and other facilities.



    The Lengkok Angsa landed properties en blocs.

  3. #3
    Unregistered
    Guest

    Default Re: Paterson Suites (D0, Freehold, Bukit Sembawang)

    hmm... will this block the views of the paterson and paterson residences towards orchard road?

  4. #4
    joe
    Guest

    Default Re: Paterson Suites (D0, Freehold, Bukit Sembawang)

    Quote Originally Posted by Unregistered
    hmm... will this block the views of the paterson and paterson residences towards orchard road?
    Hi, yes I would think so.

    ps:- mr funny can you please help me correct the typo in the thread heading, thanks

  5. #5
    Unregistered
    Guest

    Question Re: Paterson Suites (D9, Freehold, Bukit Sembawang)

    wonder how much would BS priced this project?

  6. #6
    Unregistered
    Guest

    Default Re: Paterson Suites (D9, Freehold, Bukit Sembawang)

    BS are not launching this one yet. Nor are they launching their plots at St Thomas and Cairnhill. They are still waiting and waiting and waiting.. for further price rise. It seems that they are intent on launching at the peak and thus optimizing their profit. Which means that if you buy from them when they launch, you'll likely be buying at the peak.

  7. #7
    FO
    Guest

    Thumbs down Re: Paterson Suites (D9, Freehold, Bukit Sembawang)

    This website full of investors, gamblers and property agents that think that people will get brainwashed and start buying anything. So that their commitments at stake will reap in more money for them.
    This website has a bunch of Motherfxxkin axxholes with brains filled with shXt from the toilet in istana.

  8. #8
    Unregistered
    Guest

    Default Re: Paterson Suites (D9, Freehold, Bukit Sembawang)

    Hi FO, it's really sad to see you in this state. Looks like you're in need of some immediate help. Share your thoughts, maybe the people here can help you.

  9. #9
    Superboy
    Guest

    Smile Re: Paterson Suites (D9, Freehold, Bukit Sembawang)

    The signboard is up. wonder how much will BS price this project?

  10. #10
    Unregistered
    Guest

    Thumbs up Re: Paterson Suites (D9, Freehold, Bukit Sembawang)

    should be cheap < 5,000psf.

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