What's up with this? Have they sold any VVIP units yet?
What's up with this? Have they sold any VVIP units yet?
I heard something about them launching soon. the name is something like Silver something.
What's up? Waiting for crazy people to buy at crazy prices lar. ou waiting for what? You think this one cheap cheap huh. This one very expensive one. Maybe can sell at record - $15000 psf. Try lar. Can sure hit one. One day sell out. Can increase to new record some more - $20000 psf. Crazy? Mkt crazy already what. Foeigners will buy - don't worry. Maybe just start with 25000psf lar.Originally Posted by Makelele
SILVER SEA is the name of Far East project at former
Amberville site ( Marine Parade rd )
Some agents claim launch will be at 1200psf onwards
for this 99 yr lease condo - launch expected 3rd quarter.
Hong Leong's Eastern Mansion site is FH and the price will
command similar to SeaFront Meyer.
Originally Posted by Unregistered
Seafront On Meyer is $1,300 to 2,200 psf.
HongLeong one will be slightly higher at $1,500 to $2,400 psf.
eastern mansion will be priced at about 2000psf on average for the mid floors
Originally Posted by Observer.
Wah!
Better buy one of the Meyer condo to hedge against its price. Either Meyer Residences, The Belvedere, The View @ Meyer, etc..
Private Residential Units Sold in the Month of May 2008
Project Name . Locality . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
Aalto ................ RCR ....... 1 ................................ 2,436 ............ 2,436 ............ 2,436
wow good price
Thakral seeks up to $99m for rest of Sovereign*unitsPosted by lushhomeonline on June 28, 2008THAKRAL Land is selling the remaining 17 apartments it owns at The Sovereign, a freehold condo in Meyer Road that it developed more than a decade ago.Based on asking prices of $1,300-1,500 psf for lower-floor units and $1,800-2,500 psf for upper floor units, the total price works out to between $75 million and $99 millionThakral is open to selling the units individually or to a single party. Market watchers reckon a bulk buyer who takes the whole 17 apartments would get some discount.All the units are leased or about to be leased. Based on current monthly rents of $3.20 to $4.50 psf, the net yield works out to around 2.5 per cent, says Jones Lang LaSalle’s Singapore and South-east Asia managing director Chris Fossick, whose firm is sole marketing agent for the 17 apartments, each of which has four bedrooms.A party that buys all 17 units may also hold the key to a potential collective sale of the condo, which has a total of 87 units. The 17 units that Thakral is offering represent 19 per cent of share value and about 26 per cent of the total sq ft area.There is redevelopment potential as the site’s current Masterplan plot ratio - ratio of maximum potential gross floor area to land area - is 2.8, which is higher than the 1.8 plot ratio tapped by the existing property.The unutilised plot ratio may be tapped by building an additional block or tearing down the existing project and redeveloping the 143,918 sq ft site into a brand new condo.The 30-storey Sovereign, at 99 Meyer Road, received its Temporary Occupation Permit in 1993.It is next to a 115,300 sq ft plot of land at 97 Meyer Road sold by Della Suantio Lee last year to Hong Leong Group for around $200 million. The price worked out to around $760 psf of potential gross floor area, including development charges (DC), according to an earlier report.Dr Lee is the wife of Lee Foundation chairman Lee Seng Gee.Source : Business Times - 28 Jun 2008
anyone brought a unti in aalto?
bought mine @ $4.6M at abt $2.3K psf.
With $4.6m one could buy a detached house along Mountbatten Rd......Originally Posted by Aalto Owner
Well, maybe you could, but that's without condo facilities and sea view....Originally Posted by Uregistered
Mountbatten Rd......cannot compare with meyer road
Agree..meyer road is consider the most prestigious area in D15.It's a fengshui place there..Originally Posted by buy
If Mr Kwek is still so bullish about the health of the property market, why then does Thakral Land(a wholly owned unit of Hong Leong Asia/Mr Kwek Leng Beng) want to dispose of the all the balance 17 units of The Sovereign it owns?
Thakral Land has been keeping the 17 units of The Sovereign since TOP more than a decade ago. So why sell now?
There is redevelopment potential as the site’s current Masterplan plot ratio - ratio of maximum potential gross floor area to land area - is 2.8, which is higher than the 1.8 plot ratio tapped by the existing property. So why should Mr Kwek sell now?
Is Mr Kwek saying one thing and doing the contrary?
meyer place is a ang mo place
what's the price now?
SKY Price for Aalto..I would rather get The Belvedere high floor with full seaview,somemore can see spore flyer..Originally Posted by Unregistered8
there are ppl willing to pay
jsut like there are ppl willing to pay for a porsche
or a ferrari and ppl said crazy
thats the diferent between the rich and the not so rich
always a gap.....in between
hows the construction status now
Originally Posted by willing
about #6 to #7
alto, quality wise not bad, it is better than some of the other projects I have seen, price in my view is a bit high side.
I understand this is not the thread for Belvedere or Seafront, but in respect of the above comment (on Belevedere), I am writing, hoping to seek more clarity from the community here if anyone knows about the below on Belvedere and Seafront.Originally Posted by The Bel Owner
I have made a couple of enquiry on Belvedere and from preliminary discussion from a number other investors, I understood this was one of the most controversial investment which Keppel Land (the developer) made and it was almost by sheer luck they managed to get away with this (or what it appears to be the case). I understand this was what seems to be a mistake by the developer whom back then purchased the land, not knowing there is/was another plot of land in front which could potentially block off Belvedere’s view completely (and potentially also block part of SeaFront). I am under the impression that a number of buyers was sold the idea that the plot of land immediately next to Belvedere was actually a Park (which, apparently, is not the case), and I believe most owners and prospective buyers continue to be under this belief still (which seems to be rather shocking!!).
I attached extract of the Master Plan 2008 (annotated) which is widely circulated amongst the investor community whom are looking at buying Belvedere and SeaFront. This will have an impact on our views on the the risk of another development to be developed in front of Belvedere, which is not unlikely at all!!
I wonder if anyone here can confirm the same or shed some light on this?
Since there is so much interest on the highest price for Aalto, below please find the 5 caveats lodged.
Unit____SQFT__PSF,$___Total, $______ Contract date
14-0X__1959___1664___$3,259,000____17/07/08
20-0X__1550___2436___$3,776,000____16/06/08
15-0X__1959___1974___$3,867,300____09/05/08
26-0X__5425___3000___$16,275,000___12/03/08
20-0X__1959___2336___$4,577,000____20/02/08
Bro,Originally Posted by Real Estate Pundit
16 million just for a unit, ~drool man~
Originally Posted by C.X
1% comms to sell that unit. Can chill for qutie some time
The stamp duties to the IRAS is .....Originally Posted by Joe6816
ppl happy just buy it
lor
when someone want to buy something
do they go around asking should i buy
when u want to marry your girlfriend,
do you go around asking people in the forum
should i marry my gf?
Are you living for yourself or living for others
who you dun even know.
Make your own decision
You decide