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Thread: Nathan Residences (D10, Freehold, Tat Aik)

  1. #1
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    Default Nathan Residences (D10, Freehold, Tat Aik)



    any guess as to the launch price?

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    Default Re: Nathan Residences (D10, Freehold)

    Is the the Nathan Ville site? Wow this place is up and coming. Nathan Place at $1600 psf will be a bargain.
    Last edited by mr funny; 12-07-07 at 02:38.

  3. #3
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    Default Re: Nathan Residences (D10, Freehold)

    Nathan Place cannot compare to this one.

    Besides this Nathan Residences, watch for CapitaLand's launch at Dragon View Park. It will break record for this area.
    Last edited by mr funny; 12-07-07 at 02:37.

  4. #4
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    Default Re: Nathan Residences (D10, Freehold)

    Quote Originally Posted by dragon view
    Nathan Place cannot compare to this one.

    Besides this Nathan Residences, watch for CapitaLand's launch at Dragon View Park. It will break record for this area.

    AnyBody know where is the exact location and launch price???
    Last edited by mr funny; 12-07-07 at 02:37.

  5. #5
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    Default Re: Nathan Residences (D10, Freehold)

    Ahlahdin, I have amended the thread title as it may not be the Nathanville enbloc. It could be the Nathan Court enbloc instead.

    Is it:


    http://www.joneslanglasalle.com.sg/e.../29Nov2004.htm

    Two Prime Freehold Sites Along Nathan Road Sold At $26 Million

    Jones Lang LaSalle has scored yet another victory with the sale of two prime freehold redevelopment sites along Nathan Road. Prior to this win, the Firm had also transacted the sale of a prime condominium site at Jervois Road/Jervois Close, which encompasses Jervois Court, Goldhill Mansion and two neighbouring sites in April 2003.

    Tat Aik Property Pte Ltd, an established developer with projects in Singapore, Guangzhou, Haikou, Medan and Johor Bahru, has successfully acquired Nathan Court at $21 million and 25 Nathan Road at S$5 million. The sale of Nathan Court is subjected to the Strata Titles Boards’ (STB) approval.

    Ms Quek Soh Hoon, Associate Director of Investments at Jones Lang LaSalle says, “The market is firming up. Coupled with emerging and stronger interests from our neighbouring countries such as Indonesia, Malaysia and China, this new development should appeal to these buyers."

    A total of 16 unit owners are involved in the collective sale of Nathan Court, while 25 Nathan Road is privately owned. One more unit signature is required to obtain 100% consensus for the collective sale of Nathan Court.

    Located along Nathan Road, when amalgamated, the combined land parcel will have a total site area of 2,165.8 sqm (23,313 sq ft). Under Master Plan 2003, both sites are zoned for residential use with a maximum plot ratio of 2.8. An exclusive boutique development with facilities yielding some 50 units of apartments with an estimated total gross floor area of 65,273 sq ft can be built on the combined site.

    The surrounding developments are mainly residential in nature. Prime and prestigious developments such as Shanghai One, Nathan Place, The Horizon, 7 Holt Road, Holt Residences, Sheares Ville and Valley Park surround the sites. The subject sites are a short drive to the bustling Orchard/Scotts Road shopping belt and the financial hub at Raffles Place. Access to other parts of the island is enhanced by its close proximity to Ayer Rajah Expressway (AYE) and Central Expressway (CTE). Excellent amenities that include Wheelock Place, Wisma Atria Shopping Centre, Great World City, Valley Point, and cluster of eateries, shops and restaurants, offer wide selections of food and entertainment within the vicinity. Reputable schools like Crescent Girls’ School, River Valley Primary School and CHIJ School (Kellock) are merely 10 minutes drive away.
    or is it:

    Nathan Ville in River Valley sold for $79m

    Nathan Ville in the River Valley area has been sold to TID Pte Ltd - a partnership between Singapore’s Hong Leong Group and Japan’s Mitsui group - for about $79 million, BT understands.

    The price reflects a unit land price of almost $880 per square foot of potential gross floor area, inclusive of an estimated $6.1 million development charge based on the latest March 1, 2007, DC rates.

    On that basis, the breakeven cost for a new luxury condo could be about $1,350 to $1,400 psf.

    The 46,164 sq ft freehold site is zoned for residential use with a 2.1 plot ratio (ratio of potential maximum gross floor area to land area) and a 24-storey maximum height. This means it can be potentially redeveloped into a new project with about 65 units averaging 1,500 sq ft.

    Knight Frank executive director Nicholas Wong, whose firm brokered the deal, declined to comment when approached by BT.

    The existing Nathan Ville is a four-storey block consisting of 40 residential apartments. Owners are expected to receive sums ranging from $1.3 million to $2 million per unit - about 90 per cent higher than what the units would have fetched had they been sold individually.

    The collective sale of the freehold site, which is near Regency Lodge, is said to have attracted close to a dozen bids when its tender closed on Feb 27.

    TID - formerly known as Trade & Industrial Development Pte Ltd - is a long-time partner of Hong Leong Group, which includes listed property giant City Developments.

    TID has stakes in the Oceanfront condo at Sentosa Cove, Parc Emily condo development, and St Regis Residences and hotel project at Cuscaden/Tomlinson roads, among others.

    (The Business Times, 06 March 2007)
    Last edited by mr funny; 12-07-07 at 02:50.

  6. #6
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    Talking Re: Nathan Residences (D10, Freehold)

    Quote Originally Posted by Unregistered
    Is the the Nathan Ville site? Wow this place is up and coming. Nathan Place at $1600 psf will be a bargain.


    Reserve for me 1 unit pls if it costs $1600 psf.
    Dont forget High floor.

  7. #7
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    Thumbs up Re: Nathan Residences (D10, Freehold)

    i will go check which one it is. thanks!


    Quote Originally Posted by mr funny
    Ahlahdin, I have amended the thread title as it may not be the Nathanville enbloc. It could be the Nathan Court enbloc instead.

    Is it:



    or is it:

  8. #8
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    Default Re: Nathan Residences (D10, Freehold)

    This is the nathan court site next to gas station.

  9. #9
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    Default Re: Nathan Residences (D10, Freehold)

    Quote Originally Posted by Unregistered
    Reserve for me 1 unit pls if it costs $1600 psf.
    Dont forget High floor.
    What $1600 psf nonsense! If $1600 psf i'll buy 3 ah!!

    Nathan Road is super prime. It connects River Valley Road to Chatsworth and Grange Road. I wager the prices start at least $2000 psf! And that is being very conservative already.

  10. #10
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    Wink Re: Nathan Residences (D10, Freehold)

    $2000 psf is expensive. What is the cost of the land?

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