ECO at Bedok South near Tanah Merah MRT (FEO)

[Clim1688]

15 storey

or more blocks of 12 storey...
as this one got town house, so can go up to 15 floor

I really didn't anticipate optima owners will have their Seaview blocked so soon after TOP

This new keppel project will have fantastic south and easternly view..

[leftfield]

By the way, the Fragrance project is known as "URBAN VISTA".

Oh dear, that sounds awful.

[leftfield]

Hi leftfield

Thanks.
The portion of land is elevated, right?

If so I wonder will that affect the number of storeys (Laguna said 15 floors) they can built?

There's a small road right behind the plot going up into a private estate of terrace houses. You can see the elevation from the road.

[buttercarp]

Oh dear, that sounds awful.

Yup, sounds like a pub or something.......

[kane]

Somehow, I could not understand
1. why FEO did not launch after today, instead one month before the tender closing
2. why FEO launched the best towers (A and B) first? this is not their style
3. why FEO tower A&B lower than Casa and Optima?

anyway....just wonder...
case closed afterall


BTW, $791 still need to add 3% stamp duty

their loss your gain.

[bakasa2002]

I had always thought that it will be low rise on the new plot that Keppel just bidded.

[leftfield]

I had always thought that it will be low rise on the new plot that Keppel just bidded.

Believe Bedok road is the boundary. Beyond that, seems like GPA only allows no more than 5 storeys.

[carbuncle]

LOL.... isn't Tanah Merah suburban?

Vista means View. Urban Vista means view of the urban.

You can't view the whole urban if you are in it.

[buttercarp]

Vista means View. Urban Vista means view of the urban.

You can't view the whole urban if you are in it.

Oic....... LOL.
So if can't get whole urban view, then it should be suburban view then .

[Tripp]

http://business.asiaone.com/Business...829-23530.html

Remember this article?

[gadiny]

Housing site near Tanah Merah MRT gets S$434.6m top bid
04:45 AM Oct 17, 2012

SINGAPORE - The tender for a housing site in New Upper Changi Road attracted 11 bids by the close yesterday, with Keppel Land unit Sherwood Developments submitting the top bid of S$434.6 million, the Urban Redevelopment Authority said.

Located within an established private housing estate and close to Tanah Merah MRT Station, the 99-year leasehold site has an area of 343,171 sq ft and a maximum gross floor area of 549,078 sq ft.

"When awarded the site ... Keppel Land plans to develop about 700 homes ranging from 500 to 1,400 sq ft in one- to four-bedroom configurations," said the developer, whose bid translates to S$791 per sq ft per plot ratio.

Mr Lee Sze Teck, Senior Manager of Training, Research and Consultancy at DWG, noted that Sherwood's bid was 7.1 per cent higher than the second best bid from Bayfront Land, a joint venture between Fragrance Group and World Class Land.

The latter two won a tender for a housing site in nearby Tanah Merah Kechil in August at S$676 psfppr, and the higher prices bid for the New Upper Changi Road site underlined the confidence of developers in the property market, he said.

The estimated breakeven is between S$1,150 and S$1,200 psf, while the selling price could be in the range of S$1,400 to S$1,450 psf, higher than the average selling price of S$1,300 to S$1,400 psf at eCO at Bedok South, he added.

[kane]

Laguna bought below the average price. Heh.

[carbuncle]

Oic....... LOL.
So if can't get whole urban view, then it should be suburban view then .

Jokes aside, probably lack of imagination just pull reference from the new Vista 8 hdb blocks nearby.

[Laguna]

Laguna bought below the average price. Heh.

thanks to the power of networking

[bakasa2002]

Housing site near Tanah Merah MRT gets S$434.6m top bid
04:45 AM Oct 17, 2012

SINGAPORE - The tender for a housing site in New Upper Changi Road attracted 11 bids by the close yesterday, with Keppel Land unit Sherwood Developments submitting the top bid of S$434.6 million, the Urban Redevelopment Authority said.

Located within an established private housing estate and close to Tanah Merah MRT Station, the 99-year leasehold site has an area of 343,171 sq ft and a maximum gross floor area of 549,078 sq ft.

"When awarded the site ... Keppel Land plans to develop about 700 homes ranging from 500 to 1,400 sq ft in one- to four-bedroom configurations," said the developer, whose bid translates to S$791 per sq ft per plot ratio.

Mr Lee Sze Teck, Senior Manager of Training, Research and Consultancy at DWG, noted that Sherwood's bid was 7.1 per cent higher than the second best bid from Bayfront Land, a joint venture between Fragrance Group and World Class Land.

The latter two won a tender for a housing site in nearby Tanah Merah Kechil in August at S$676 psfppr, and the higher prices bid for the New Upper Changi Road site underlined the confidence of developers in the property market, he said.

The estimated breakeven is between S$1,150 and S$1,200 psf, while the selling price could be in the range of S$1,400 to S$1,450 psf, higher than the average selling price of S$1,300 to S$1,400 psf at eCO at Bedok South, he added.

Wah, 676ppr vs 791ppr v big diff leh ... Keppel gonna build a reflections at TM??? Help me recall a bit what is the price for Sky Habitat ah?

[Laguna]

Wah, 676ppr vs 791ppr v big diff leh ... Keppel gonna build a reflections at TM???

this translates into 55% annualised inflation for the eCO and this site.

[bakasa2002]

thanks to the power of networking

Your Q no. is single digit?

[Laguna]

Your Q no. is single digit?

u meant there is a physical Q number given?
I was not given a number at all...perhaps, given to my agent, but I dunno..
I was just told to reach there by what time with cheque

I know there are a few Qs, but dunno what is going on.

[bakasa2002]

u meant there is a physical Q number given?
I was not given a number at all...perhaps, given to my agent, but I dunno..
I was just told to reach there by what time with cheque

I know there are a few Qs, but dunno what is going on.

I think you must have be given priority check in while the others are queuing ...

[kane]

thanks to the power of networking

Moral of the story is to wire oneself to the network.

[Laguna]

Moral of the story is to wire oneself to the network.

Yes, right network
This is another universal rule....

eg, one of the reasons why parents want to send their children to TOP schools, pre-schools is also the networking.


BTW, no returned unit for Tower A and B and also so far, I only know of one returned unit.

[buttercarp]

Yes, right network
This is another universal rule....

eg, one of the reasons why parents want to send their children to TOP schools, pre-schools is also the networking.

Yes, agree.
This is very important and it should start from young.

[yowetan]

Henry Park Primary is the obvious choice to kick start networking.

[leftfield]

Yes, right network
This is another universal rule....

eg, one of the reasons why parents want to send their children to TOP schools, pre-schools is also the networking.


BTW, no returned unit for Tower A and B and also so far, I only know of one returned unit.

While I admit this is very real, I have to say that this is very elitist.

So the poor will always remain poor?

[Emma]

very elitist and I hate for kids to think that way too.
for people without networks, just have faith that there are plenty of self made people out there and networking can only get someone so far. hard work and talent still matter alot.
but honestly how many of us still stay in touch with your primary school friends ?

While I admit this is very real, I have to say that this is very elitist.

So the poor will always remain poor?

[yowetan]

very elitist and I hate for kids to think that way too.
for people without networks, just have faith that there are plenty of self made people out there and networking can only get someone so far. hard work and talent still matter alot.
but honestly how many of us still stay in touch with your primary school friends ?

Hi.. I am still in touch with one/two primary school friends.

I am also in touch with several secondary school friends.

I am still keeping in touch with my polytechnic friend, army friends and university friends.

They are all doing much better than me now.

[buttercarp]

very elitist and I hate for kids to think that way too.
for people without networks, just have faith that there are plenty of self made people out there and networking can only get someone so far. hard work and talent still matter alot.
but honestly how many of us still stay in touch with your primary school friends ?

That's where the difference is.
In schools with long and rich heritage, the students tend to keep in touch and their society is close knit.

[Laguna]

They are all doing much better than me now.

so, why all of them do much better than U?

[leftfield]

That's where the difference is.
In schools with long and rich heritage, the students tend to keep in touch and their society is close knit.

I was like the only poor kid when I got into a SAP secondary school where a donation to the school with guarantee you a place.

It was damn stressful to see many of classmates being chauffeured to school everyday while I have to take the bus (and the cheapest City Shuttle Service one for that matter!)

And while many of my classmates have become very successful in their respective professional fields, i have never relied on the network in my own career advancement.

[carbuncle]

One needs to have a balance of both. If you are good, and you don't network, nobody's gonna know how good you are.

And while you're at it, ask yourself, truly, what can you really bring to the table as value add?

You won't survive very long if you only TAKE TAKE TAKE from the network and never give back.