Sky Vue (D20, 99 years, Capitaland-Mitsubishi Estate Asia)

[princess_morbucks]

3 bedders in SV are more than 1200sqft, but there are two big balconies, no better than 900sqft 3 bedder shoebox with more efficient layout.

SV 3 bedder are 1141 sq ft.

[LiveYoung]

3 bedders in SV are more than 1200sqft, but there are two big balconies, no better than 900sqft 3 bedder shoebox with more efficient layout.

I think you are purely talking from utilitarian point of view. Although I hate to admit, a 1100sqft 3 bedder with super inefficient layout still make the unit as a whole feel more roomy than a 900 sqft unit. Simply because it's physically 200sqft larger.

[rymccondo77]

SV 3 bedder are 1141 sq ft.

That's right - only the 3 bedder PES units are bigger at 1259 sq ft, and these are just a handful.

[iridrium]

2 bedder at less than 800sq ft are also shoeboxes.

I am old school and believe 1 bedder should not be less than 600 sqft, 2 bedder should not be less than 800 sqft, and 3 bedder shld not be less than 1200 sqft.

Gasp. You must be Liew M L in disguise.

[princess_morbucks]

More pictures on SV and Thomson 3.

http://business.asiaone.com/property...thomson-buyers

[princess_morbucks]

https://www.facebook.com/milsonng/po...51894032910851

According to the above website, 85% of the 505 units launched have been sold- that's about 430 units.
Total no of units there is 694 units.
That means 189 units are not launched yet.
So it is akan datang...wonder when they will release the rest?

[lionhill]

That's right - only the 3 bedder PES units are bigger at 1259 sq ft, and these are just a handful.

Then, there is something wrong with my memory.

Anyway, if the extra balcony is free, I do not mind take the 1141 3bedder. If I need to pay $1300+ for such useless place, I prefer to take the 900 MM one without or with only one balcony.

[smellyfish]

actually a big big balconey that is deep enough is damn shiok. I grew up studying (and playing) on a balconey like that

i now live in a place without balconey, do miss having an outside space.

but these days most balconeys damn waste time. long and narrow is worst. for me, must at least be able to play mahjong on the balconey...

[neutralguy]

any updates here on the sales of units for the past week? still 430 units sold?

[Jeremsoh]

anyone else bought this project too?

[gadiny]

any updates here on the sales of units for the past week? still 430 units sold?

454 units sold (65%) per
https://www.facebook.com/photo.php?f...type=1&theater

[rymccondo77]

454 units sold (65%) per
https://www.facebook.com/photo.php?f...type=1&theater

Looks like the remaining units (mainly the bigger units with bigger quantums) will take a longer time to sell.

At least still faster sales compared to Sky Habitat.

[mermaid]

Looks like the remaining units (mainly the bigger units with bigger quantums) will take a longer time to sell.

At least still faster sales compared to Sky Habitat.

both the remaining units of SV & SH nids some leylonging

[tahoo]

So many agents are saying that it is going to be a SOLD OUT project!. Let's see.
65% sold now (or 85% released units sold).

They just sold a pent house.

[princess_morbucks]

How many lifts are there in each of the 2 blocks?

[kane]

So many agents are saying that it is going to be a SOLD OUT project!. Let's see.
65% sold now (or 85% released units sold).

They just sold a pent house.

how much are the penthouses in this project?

[princess_morbucks]

how much are the penthouses in this project?

There are only 8 PH in this devt.
According to property guru :

The prices start from $3 mil.
Sizes of PH are 1744- 1905 sq ft.

http://www.propertyguru.com.sg/listi...r-sale-sky-vue

[vovolversace]

There are only 8 PH in this devt.
According to property guru :

The prices start from $3 mil.
Sizes of PH are 1744- 1905 sq ft.

http://www.propertyguru.com.sg/listi...r-sale-sky-vue

3 million?rather buy landed or sky habitat penthouse?there are better penthouse units to choose from.

[DKSG]

So many agents are saying that it is going to be a SOLD OUT project!. Let's see.
65% sold now (or 85% released units sold).

They just sold a pent house.

Every launch agents say the same thing.

CapLand's pricing strategy seriously needs improvement.

After selling a huge chunk of SV, they now decide to adjust prices for last batch ?

DKSG

[kane]

Every launch agents say the same thing.

CapLand's pricing strategy seriously needs improvement.

After selling a huge chunk of SV, they now decide to adjust prices for last batch ?

DKSG

the need to learn from the grand master of pricing, i.e. Far East.

[kane]

3 million?rather buy landed or sky habitat penthouse?there are better penthouse units to choose from.

if i remember correctly, SH's penthouses are high 4 to 5+ mio. might as well buy semi d at that price.

[riverfish]

The multi-storey carpark right smack in the middle of the condo is reeeally awkward ...a major spoiler I must say. So they have to price it cheaper than Sky Habitat.

[hanafi_d2000]

Every launch agents say the same thing.

CapLand's pricing strategy seriously needs improvement.

After selling a huge chunk of SV, they now decide to adjust prices for last batch ?

DKSG

I think they got the strategy right. Price SH high, Price SV lower in quantum but psf still relatively high -see how much they can move SV?

[tahoo]

Alex Residences latest to cut prices
It follows similar move at Sky Vue as debt-to-income cap makes impact

- See more at: http://www.straitstimes.com.libwww3....alQBb79.dpufBy Melissa Tan
THE Alex Residences condominium is the latest to cut prices as developers struggle to move units in a weak property market.
The 429-unit project near Redhill MRT station will launch at an average $1,650 per sq ft (psf) when sales begin next Saturday, SingLand said.
This is cheaper than the deve- lopment's next-door neighbour Echelon, which launched last December and is fully sold. Units there went for an average $1,795psf, Urban Redevelopment Authority (URA) data shows.
"Under normal circumstances, Alex Residences should have been priced above Echelon," said Mr Michael Ng, group general manager of UIC, SingLand's parent company.
But a debt-to-income cap introduced in late June under a total debt servicing ratio framework has made it difficult for would-be buyers to get financing, noted Mr Ng, who was speaking at the project's showflat yesterday.
He said about 150 units at the 99-year leasehold development would be released in the first phase and nearly 90 per cent of them will cost less than $2 million each.
Prices start at $760,000 for a 474 sq ft one-bedder and go up to slightly above $2 million for a 1,044 sq ft three-bedroom unit. The project is expected to be completed in February 2019.
Mr Danny Yeo, group managing director at the project's marketing agency Knight Frank, said in a statement that average resale prices of completed units in the Alexandra Road and River Valley area have climbed about 9 per cent annually for the past two years, while average rents have risen by 4 per cent to 6 per cent.
SingLand paid $970 psf per plot ratio (ppr) for the Redhill site last December, which translates to a breakeven price of about $1,450 psf ppr.
The land cost was much higher than the $754 psf ppr a City Developments consortium paid for the Echelon site in December 2011.
The price cut at Alex Residences follows a similar reduction in September at CapitaLand's 694-unit Sky Vue project in Bishan.
Sky Vue moved 410 units on its first day of sales at an average $1,500 psf - cheaper than the average $1,589 psf at the neighbouring Sky Habitat.
Prices could also be lowered slightly at the launch of the 660-unit Duo Residences in Bugis, though developer M+S is keeping mum.
Consultants had expected the 99-year leasehold project near Kampong Glam to be priced above $2,000 psf on average, given its location and the fact that it is part of an integrated development.
However, agents told The Straits Times yesterday that average launch prices could be in the region of $1,700 psf to $2,000 psf instead.
Priority sales will be on Thursday, with public balloting on Friday. M+S declined to comment.
Market watchers noted that it was difficult to assess launch prices in the Bugis area as there were few comparable projects nearby.
One of the nearest is the 360-unit Concourse Skyline in Beach Road, which was launched in September 2008 and is only around 67 per cent sold, according to URA data.
The average price of new sales at the 99-year leasehold Concourse Skyline since 2008 is $1,596 psf.
Buyer interest has been high at both Alex Residences and Duo Residences, though it remains to be seen whether that will translate into actual sales.
Knight Frank declined to disclose how many cheques had been collected for the Alex Residences project, but said that about 1,500 people visited its showflat last weekend.
The Duo showflat was also packed when The Straits Times visited last Saturday.
[email protected]
- See more at: http://www.straitstimes.com.libwww3.....aalQBb79.dpuf

[myskyvue]

Latest Sales Board - Taken on 10 Nov 2013

[condo101]

[Jeremsoh]

http://www.propersquare.com/reviews/details/sky-vue

Review of Sky Vue. Any thoughts?
Any update of the sale and any price increase/decrease?

[Sky Dream]

http://www.propersquare.com/reviews/details/sky-vue

Review of Sky Vue. Any thoughts?
Any update of the sale and any price increase/decrease?

Based on URA records for Dec,
Total Number of Units: 694
Cumulative Units Launched to-date: 505
Cumulative Units Sold to-date: 479
Cumulative Units Launched but Unsold: 26
Units Sold in the Month: 2

Looks like developer is not that aggressive in moving the balance units, maybe because remaining units are all high floors with high quantum/psf ...

[Sky Dream]

Still doing piling work ..... next door neighbour Sky Habitat is building quite fast, reaching 27th/28th floor.

[myskyvue]