Junior
Junior
Senior
Nice waves form at the balcony.Originally Posted by noblebaby
Newbie
Very nice shot. Worth the wait for TOP. Congrats to all owners and investors of this development.
Junior
congratulations to hard core WFW owners
Junior
so it is not basement car park?
Junior
the car park is submerged in the ground, so ground floor unit is actually 3-4 meter above the ground level.
Junior
Waterfront Waves, Waterfront Key and future DTL3 Station.
Junior
In that case is it true to say @ 11th floor is roughly HDB 13th floor height since the ceiling height is also higher for condo?
Newbie
actually , hdb 15 floor is about the same as condo 15 floor .
because hdb void deck has got super high ceiling .
Newbie
Congratulations to all WFW on the project TOP soon and also welcome to all the construction noise & dust coming from all 4 directions for the next 3-4 years....
ie. 1)Waterfront Gold on your left, 2) Waterfront Key on your right, 3) DTL MRT contruction in front and 4) complementary noise from the PIE for those blocks facing PIE.
5) recent spate of suicidal deaths in the Bedok Reservoir.
Good time for investors interested in WFW Waterfront living project to squeeze the owners there trying to flip their units.... LOL
DF
Newbie
Owners buy to stay so don't think they will want to flip and hence they won't be squeezed...
If Gold is on the left and Key is on the right, then DTL should be at the back and not the front...
Instead of being squeezed by some lame reasons, the Waves owners should be smart enough to know that newly completed projects in the future will raise the vicinity project prices and DTL construction will lead to higher prices. Reference to Baywater higher selling prices and the report what CCL opening has on the surrounding properties. This is what an investors will look out for as they have deeper thinking and they will think beyond the surface...
On the contrary, instead of being squeezed, sellers can demand higher prices.
Congrats to all Waves owners and investor. Cheers and happy holiday!!
Newbie
Another miss-the-boater now LPPL.Congratulations to all WFW on the project TOP soon and also welcome to all the construction noise & dust coming from all 4 directions for the next 3-4 years....
ie. 1)Waterfront Gold on your left, 2) Waterfront Key on your right, 3) DTL MRT contruction in front and 4) complementary noise from the PIE for those blocks facing PIE.
5) recent spate of suicidal deaths in the Bedok Reservoir.
Good time for investors interested in WFW Waterfront living project to squeeze the owners there trying to flip their units.... LOL
Junior
regret that only bought 1 unit at Waves, if price really fall, I will be the very first to grab another unit. Development beside reservoir with MRT, where to find in sg?
furthermore, if you want to commit suicide nxt time just take MRT to reservoir, very convenient right?
Congratulations to all WFW on the project TOP soon and also welcome to all the construction noise & dust coming from all 4 directions for the next 3-4 years....
ie. 1)Waterfront Gold on your left, 2) Waterfront Key on your right, 3) DTL MRT contruction in front and 4) complementary noise from the PIE for those blocks facing PIE.
5) recent spate of suicidal deaths in the Bedok Reservoir.
Good time for investors interested in WFW Waterfront living project to squeeze the owners there trying to flip their units.... LOL
Newbie
Noblebaby, don't suggest to him. He may just do it when he finds out what owners paid during starbuy.regret that only bought 1 unit at Waves, if price really fall, I will be the very first to grab another unit. Development beside reservoir with MRT, where to find in sg?
furthermore, if you want to commit suicide nxt time just take MRT to reservoir, very convenient right?We dun want #6.
Newbie
No point defending as it is a fact.
This is shared by many property agents marketing WFW units.
Buyers will be spoilt for choice when the whole WF family of more than 2000+ units TOP. The small stretch of Bedok reservoir road will be congested once all the units are up.
I guess you are one of the owners there so I can understand your feelings...
Anyways enjoy your new place with the surrounding construction noise and dust for the next 3-4 years at least...
That is call LPPL
FYI: already invested more than 2 years ago lah, so no miss the boat but now driving speedboat.... LOL
Junior
dont worry, suicides will be on the rise. we will be just like hk, with increasing social problems.Noblebaby, don't suggest to him. He may just do it when he finds out what owners paid during starbuy.
especially when everything and prices spiral out of reach for the commoners. like it or not, but its the truth
Junior
Luckily i am not staying at Casa Merah.........
No point defending as it is a fact.
This is shared by many property agents marketing WFW units.
Buyers will be spoilt for choice when the whole WF family of more than 2000+ units TOP. The small stretch of Bedok reservoir road will be congested once all the units are up.
I guess you are one of the owners there so I can understand your feelings...
Anyways enjoy your new place with the surrounding construction noise and dust for the next 3-4 years at least...
That is call LPPL
FYI: already invested more than 2 years ago lah, so no miss the boat but now driving speedboat.... LOL
Newbie
Why? Former graveyards?
Junior
Daniel Foo is staying there... very unlucky to have such a neighbor...
Why? Former graveyards?
Senior
Any photos from the inside to share?
Newbie
Between CM and WFW, the choice is obvious although I am not staying in either one of them. CM is surrounded by landed property with MRT already at the doorstep while WFW is surrounded by construction noise and dust with MRT station only to be built in the future.
Noblebaby, just accept the facts and move on. No need to be defensive when it is a fact that everyone knows.
Facing construction noise and dust for the next 3-4 years when you move in to WFW is no big deal if your property can appreciate i.e...
dun feel so discouraged...
Newbie
why waste time with someone who has no class ....
Junior
some of the Waves owners will start collecting key from this coming Friday!
Exalted
u bot to stay or investment?some of the Waves owners will start collecting key from this coming Friday!
Newbie
Some interior photos
Newbie
got some prob with other photos
Junior
congrats, any photo of the club house, poolview, reservoir view
Newbie
))))))))
Music of the night
finally, a full cycle of samsara:
Far East, Frasers Centrepoint buy Waterfront View
$385m private treaty deal works out to land price of $241 psf ppr
By KALPANA RASHIWALA
(SINGAPORE) In a move seen as reducing the risks of undertaking a massive development, Far East Organization and Frasers Centrepoint have set up their maiden joint venture, which has bagged Waterfront View, a privatised former HUDC estate facing Bedok Reservoir, for $385 million.
The price for the private treaty deal sealed late Tuesday night before the planned tender close for the property this Friday works out to a land price of $241 psf per plot ratio inclusive of an estimated $102.2 million payment to the state for lifting title restriction to enhance the site's plot ratio, and upgrading the site's lease from a remaining 78 years to 99 years.
The 809,037 sq ft site can be developed into a new condominium with a whopping gross floor area of over two million sq ft - enough for a massive project with about 1,600 units.
This is the biggest residential collective sale to date in terms of number of units involved (there are 583 units in the existing development), land area as well as dollar quantum, says DTZ Debenham Tie Leung, which brokered the sale.
Far East's and Frasers Centrepoint's breakeven cost could be about $450 psf, say analysts. Currently, 99-year condos in the area are going for above $500 psf for units that face the reservoir and below $500 psf for those that don't.
Depending on how Far East and Frasers Centrepoint come up with their design scheme, about 80 per cent of units in the new development may face the reservoir.
Industry watchers reckon that instead of competing with each other for Waterfront View at the tender, Far East and Frasers Centrepoint figured it made more sense to team up.
This reduces their risks in terms of exposure to such a huge development - and eliminating at least one competitor in the process. The duo are said to have made their offer, good for only a day, late Tuesday afternoon, accompanied by a $19.25 million cheque (for a 5 per cent deposit).
The collective sale agreement signed by Waterfront View's owners give the sales committee the mandate to negotiate a private treaty deal as long as the reserve price is met. This is understood to have been $370 million.
'The sales committee could either take the offer on the table, good for only a day - or take the risk of waiting and hoping for a higher offer at the tender that may or may not come,' said a source.
Waterfront View's sales committee chairman Matthew Yu said: 'We are very happy. It's a good price. The outcome came earlier and is better than we expected.'
DTZ's director for investment advisory services Tang Wei Leng said: 'Given the size of the development, there were really only a few parties who have demonstrated genuine interest. The sales committee was decisive, having considered all the options carefully. We are very happy for the owners.'
The $385 million price is above an independent valuation for the property which DTZ did not disclose. Owners controlling 82.33 per cent of share values in Waterfront View have agreed to the collective sale, which will be subject to approval from the Strata Titles Board. Owners of the existing 583 apartments and maisonettes have equal share values, which means they will each receive about $660,377 per unit, which is over 60 per cent more than what the units would fetch if sold individually today.
=> this was b4 the rice/bread price started to go up like crazyI think their breakeven cost is probably higher due to cutting into 4 projects + drag across so many years and higher construction cost overtime, on average may be 550psf
Ride at your own risk !!!
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