The Inflora @ Flora Drive (99 Years Leasehold, Hong Leong)

[Eastboy]

Most probably will be the govt. Basically HL gave up to FH status to the govt.

Well, if it is true that HL owned the FH land, it still belongs them. HL has reversionary interest in the land i.e. Inflora residents have ownership for only 99 yrs. Thereafter, the land returns to HL.

[mermaid]

Most probably will be the govt. Basically HL gave up to FH status to the govt.

If Im buying a proj I would prefer the land to be own by govt wor ...

[mermaid]

Well, if it is true that HL owned the FH land, it still belongs them. HL has reversionary interest in the land i.e. Inflora residents have ownership for only 99 yrs. Thereafter, the land returns to HL.

R u very sure on tis?
I scroll thr HL financial reports for 10ys period did not find any infor.

[newbie11]

R u very sure on tis?
I scroll thr HL financial reports for 10ys period did not find any infor.

Does it matter? It's still 99 after all

[mermaid]

Does it matter? It's still 99 after all

cos if say intend to stay there for long term, den say after 30 yrs u wan to sell, dunno will hv prob finding buyers onot if they noe land belongs to developer
doesnt matter meh?

[gav108]

Last 2 bedrm, 818 sqft, $811k

Last 2+s, 883 sqft, $817k

Last few 3 bedrm, 1033 sqft from $911k

Last 3 four bedrm, 1302 sqft from $1.105m

Last few penthouses, 1582 sqft from $1.122m


Book the unit before coming down the showflat!! Call KB Chong at 8182 4811 (ERA)

2 br 818 sf at 811k = 991 psf
2br+s 883 sf at 817k = 925 psf
by the way these units are the ground floor pes units with open-to-sky pes area. so it doesn't seem cheap to me leh. what's the starting price of the non-pes 2br and 2br+s units?


as for conversion to 99 leasehold land, from what i understand it's because developers have to pay development charges in order to develop the land, in addition to construction costs. development charges for freehold land is higher than 99 years, so it makes sense to convert it to 99 years in order to sell at lower prices in order to make it more affordable to more people.

[Tim Wong]

I don't think HL has revisionary interest on the land though. The conversion from FH agriculture to leasehold residential has to be done with the government, so rightfully it should belong to the government after 99 years tenure is up.

Anyway, as of 10 pm yesterday:

* 1 BR: Sold out
* 2 BR: Sold out
* 2+1 BR: Sold out
* 3 BR: 10 #1 units, last #2 unit, last #5 unit
* 4 BR: Sold out
* 4 BR Dual Key: Sold out
* 3 BR Duplex/Penthouse: 7 units

Please contact for latest prices and availability.

[radha08]

fantastic sales

[Kenshinto80]

fantastic sales

Very hot response! Good one! Congrats to HL and Tim Wong who must have made lots of commission from this project. Very well run marketing campaign.

[latour]

Waw... Fantastical sales indeed!

[3C]

Developers out there, Next in line launch better be lower now you know the market benchmark for sold out project. Hahaha...CDL has started the ball rolling...CDL boleh!

[goodchong]

jialat, heard the price increase 2% already for remaining units?

Yes , for eg. The remaining unit of 2+1 ground floor was priced at 799k on the ballot day. Then it was sold at 811k the second day. Price increase faster than bullet train

[lbb]

2 br 818 sf at 811k = 991 psf
2br+s 883 sf at 817k = 925 psf
by the way these units are the ground floor pes units with open-to-sky pes area. so it doesn't seem cheap to me leh. what's the starting price of the non-pes 2br and 2br+s units?


as for conversion to 99 leasehold land, from what i understand it's because developers have to pay development charges in order to develop the land, in addition to construction costs. development charges for freehold land is higher than 99 years, so it makes sense to convert it to 99 years in order to sell at lower prices in order to make it more affordable to more people.

Yeah! I agree with you. I won't call it cheap, but I must say that they really hit the sweet spot with the pricing. Well done HL... Anyway, it's good for the rest of us who are vested in this area. Hope one-lane Flora Dr can cope with all of us!

[Mu]

I knew this project will be a sellout! Congrats all buyers

And for the price, you really get quality fittings and well thought out design and space... HL and CDL have now set the tone.

FEO are u listening

[radha08]

I knew this project will be a sellout! Congrats all buyers

And for the price, you really get quality fittings and well thought out design and space... HL and CDL have now set the tone.

FEO are u listening

feo very stubborn.....always sell high$$$

[smartboy2]

Price will definitely drop and things will get cheaper....
With continuing oversupply.
Next property will be cheaper than Inflora.
Demand and Supply.
Its all about pricing correctly.

Pal, you can slowly wait then until the price drop.

[azeoprop]

One major advantage of Inflora vs the other 2 recent launches is that it is not beside TPE or even any small roads. All residents will not have much road noise to deal with.

[DC33_2008]

It depends which side are you on. FEO has always set new price level in their projects. It benefits people who have units around their projects.

I knew this project will be a sellout! Congrats all buyers

And for the price, you really get quality fittings and well thought out design and space... HL and CDL have now set the tone.

FEO are u listening

[jayson_cheong]

Really cheap. If I had ready cash I would have bought it. Haven't seen such a good deal for a long time. For those still thinking property prices will drop, let me tell you, there are 1 million other buyers waiting for it to drop too. So whenever there is a good deal, the smart buyers enter first. Good luck!

totally agree with u eastboy. For those who keep wait wait wait the price drop, will always have to buy at the more expensive price.

[latour]

Is Inflora fully sold ?

Developers out there, Next in line launch better be lower now you know the market benchmark for sold out project. Hahaha...CDL has started the ball rolling...CDL boleh!

[danieltwc]

Is Inflora fully sold ?

till have 3bedder ground floor with patio, and 3 bd penthouse

[latour]

till have 3bedder ground floor with patio, and 3 bd penthouse

Total how many left?

[terrynfs]

Total how many left?

10 - 15

[elusia]

any new owners of inflora here? i got my place on Friday's launch.

[movement_art]

Hi hi. Me new owner here.

[terrynfs]

im here

[princess_morbucks]

Total how many left?

https://www.facebook.com/milsonng/po...51950612420851

According to this website :

Last 14 units for sale!!

#01-04 1109sf $943k
#07-14 1582sf $1144k

[goodchong]

I also book a unit for 2+study on friday, what an experience .
Thinking to convert the study to a bedroom, anyway , any idea if we can push the balcony glass abit further so I can have a slightly larger living room . The balcony glass was not being extend fully to the end of the wall if u know what I mean

[Patrickstar]

You guys are a really fortunate lot to have grabbed a bargain. Anyone paid 10% absd?

[goodchong]

You guys are a really fortunate lot to have grabbed a bargain. Anyone paid 10% absd?

I am paying 5% absd because I am PR. Consider the very next day remaining units all raised by 2% , I felt the 5% absd is well spent