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Thread: Elias road new launch...

  1. #1
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    Default Elias road new launch...

    Anybody knows whats coming up there junction of elias road and pasir ris drive 3 opposite elias mall looks like a low rise devt...

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    Quote Originally Posted by radha08
    Anybody knows whats coming up there junction of elias road and pasir ris drive 3 opposite elias mall looks like a low rise devt...
    Maybe I am misinformed but the same guys who did Flo Residence will be launching VUE 8 at that particular junction.

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    perhaps they will develop similar like its neighbours (Riverina zone)

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    Quote Originally Posted by iwantgizmos
    perhaps they will develop similar like its neighbours (Riverina zone)
    strata housing maybe

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    Default Launching soon


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    Default Elias Road/Pasir Ris Drive 3

    Title: Tender for Elias Rd/Pasir Ris Drive 3 site attracts 9 bids
    Date:11 April 2012 2057 hrs (SST)
    ----------------------------------------------------------------------------------------------

    SINGAPORE : The Housing and Development Board (HDB) tender for a land parcel at Elias Road/Pasir Ris Drive 3 has attracted nine bids at the close.

    Analysts said the number of bids for the site - which has been designated for development of strata landed housing, condominium or flats - show that developers are still keen on the residential market.

    The top bid of S$165.9 million came from Elitist Development Pte Ltd.

    This works out to S$472 per square foot per plot ratio.

    The top bid is 19 per cent higher than the second bid of S$139 million by OUE Reef Development Pte. Ltd.

    Meanwhile, the lowest bid came from Santarli Corporation Pte. Ltd at S$108.9 million.

    The 99-year leasehold site was launched for public tender on 15 February 2012.

    It has a maximum permissible gross floor area of 32,650.8 square metres and is located on the northern boundary of Pasir Ris new town.

    "It is likely that the developer will choose to develop a condominium project although there is the option of building strata landed homes onsite. Based on this price, the new condominium may be priced about S$900 psf," said Li Hiaw Ho, executive director at CBRE.

    Meanwhile, Nicholas Mak, the head of the Consultancy & Research division at SLP International Consultants, said the site may be developed into low-rise housing with a breakeven price of around S$800 and S$830 per square foot. (pls take note)

    The site is surrounded by the landed homes of Riverina estate and Pasir Ris Heights, with Elias Mall and Pasir Ris Community Centre just across the road from the site.

    The Pasir Ris MRT station, White Sands shopping mall and Downtown East are also a short drive away.

    Mr Li also added that recent new launches in Pasir Ris have been well received.

    "Ripple Bay (679 units) at Pasir Ris Drive 4 sold over 400 units at the average price of S$870 psf after two weekends. The Palette condominium at Pasir Ris Grove (892 units), which was launched in November 2011 at the average price of S$900 psf, is over 60 per cent sold," said Mr Li.

    He believes the Pasir Ris and Tampines new towns will provide a ready pool of HDB upgraders who will be interested in such mass-market projects.

    HDB said a decision on the award of the tender will be made after the bids have been evaluated. This will be announced at a later date.

    - CNA/ms



  8. #8
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    Default Elias Road/Pasir Ris Drive 3

    New launch at least 900 plus psf onwards.........as this project is just across the new future international school which is approved by the URA today and also nears Elias Mall.

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    Default Property in Pasir Ris.......

    no more new project for 800 psf in Pasir Ris. psf is getting higher and higher........wait or cheong? your choice!

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    Potential eh?. NV residences I love it sit between Livia and Palette on private road. Worth every cent
    Affordable means small

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    Quote Originally Posted by yjcai
    Potential eh?. NV residences I love it sit between Livia and Palette on private road. Worth every cent
    You jealous eh ?

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    There will be 3 new projects launches expected in Pasir ris . Two in Pasir ris drive 3 and one in Pasir ris grove.

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    Quote Originally Posted by yjcai
    Potential eh?. NV residences I love it sit between Livia and Palette on private road. Worth every cent
    resale hdb ..pasir ris 5rm 500 to 600k...em/exec flat ...some facing dustbin road low floor...700 to 800k...so what do you expect from pc

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    Bro Radha seriously thinking about moving back to Pasir ris?

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    Quote Originally Posted by bakasa2002
    Bro Radha seriously thinking about moving back to Pasir ris?
    yup serious seriously....

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    Quote Originally Posted by radha08
    yup serious seriously....
    i know you like sea esta.. don't wait!.. left about only 20 units.

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    Quote Originally Posted by wendytan
    You jealous eh ?
    NV = envy ?

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    Quote Originally Posted by radha08
    yup serious seriously....
    Why not consider Ris Grandeur?
    It is FH.
    Then can move in immediately and you let out your HDB.
    The new ones especially those haven't launch yet, you have to wait for so many years, and by that time, you won't know what will happen to the prices.

  19. #19
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    Quote Originally Posted by buttercarp
    Why not consider Ris Grandeur?
    It is FH.
    Then can move in immediately and you let out your HDB.
    The new ones especially those haven't launch yet, you have to wait for so many years, and by that time, you won't know what will happen to the prices.
    good suggestion.... but i guess rahda is only eyeing D15 now after one year's long stay in D15 simiD

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    Quote Originally Posted by ilgr
    i know you like sea esta.. don't wait!.. left about only 20 units.
    at the moment all i can say is...


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    Quote Originally Posted by buttercarp
    Why not consider Ris Grandeur?
    It is FH.
    Then can move in immediately and you let out your HDB.
    The new ones especially those haven't launch yet, you have to wait for so many years, and by that time, you won't know what will happen to the prices.
    ha ha too close for comfort to my old condo elias green across the road...i hate quite a few people there and just dont want to see any piece of them...but i must admit a lot of niece neighbours i had too...

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    Quote Originally Posted by buttercarp
    Why not consider Ris Grandeur?
    It is FH.
    Then can move in immediately and you let out your HDB.
    The new ones especially those haven't launch yet, you have to wait for so many years, and by that time, you won't know what will happen to the prices.
    yup i know but honestly in todays market BRAND new apts offer MUCH MUCH better value than resale....

    resale asking ridiculous prices plus all those LH apts are at least 10 years old...factor in depreciation cost of renos bla bla...makes sense to buy new even if it means a few years wait...any way i am ONTO something...soon to be revealed...and this time its for....


    REAL....

  23. #23
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    Quote Originally Posted by radha08
    yup i know but honestly in todays market BRAND new apts offer MUCH MUCH better value than resale....

    resale asking ridiculous prices plus all those LH apts are at least 10 years old...factor in depreciation cost of renos bla bla...makes sense to buy new even if it means a few years wait...any way i am ONTO something...soon to be revealed...and this time its for....


    REAL....
    NV? Hehehehe ...

  24. #24
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    Quote Originally Posted by radha08
    yup i know but honestly in todays market BRAND new apts offer MUCH MUCH better value than resale....

    resale asking ridiculous prices plus all those LH apts are at least 10 years old...factor in depreciation cost of renos bla bla...makes sense to buy new even if it means a few years wait...any way i am ONTO something...soon to be revealed...and this time its for....


    REAL....
    WOW....must be BIG... !!!
    "Anyone who has not made a mistake has never tried anything new"

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    Quote Originally Posted by radha08
    yup i know but honestly in todays market BRAND new apts offer MUCH MUCH better value than resale....

    resale asking ridiculous prices plus all those LH apts are at least 10 years old...factor in depreciation cost of renos bla bla...makes sense to buy new even if it means a few years wait...any way i am ONTO something...soon to be revealed...and this time its for....


    REAL....
    Wow so many people revealing secrets soon.
    Like santa claus giving mystery presents.
    Carbuncle, chestnut and now you are going to reveal something...... so exciting.
    Best of luck bro!

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    Quote Originally Posted by buttercarp
    Wow so many people revealing secrets soon.
    Like santa claus giving mystery presents.
    Carbuncle, chestnut and now you are going to reveal something...... so exciting.
    Best of luck bro!
    Sis, did i say i am revealing something or did i say i will not be revealing too much???
    I have already shared too much of my personal life and will not anymore.

    But I am willing to share about investment and life philosophy.

    Cheers


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    All the sharing is great for the forum, just do not disclose too much PII to put you and family at risk that will be ok. Sanitize the info selectively, else not v interesting leh ...

    Been in this forum for a while, have to say really learn a great deal along the way.

  28. #28
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    Just drove pass, signboard all up.
    Should be launching soon, showflat look good.
    To make money we lose our health,
    and then to restore our health we lose our money.
    We live as if we are never going to die,
    and we Die as if we never lived.........

  29. #29
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    Quote Originally Posted by DPan
    Just drove pass, signboard all up.
    Should be launching soon, showflat look good.
    coming soon..but wont be as HOT as d-nest in my opinion...
    In the final analysis.....its NOT whether you have a diploma,degree,masters OR PHD....its whether you have a HDB/PC/EC or LANDED...

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    This website has the site plan:

    http://www.stratum-project.com/site-map.html

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