Unless the plans have changed, Martin place was a road bought and made by the developer to link Martin road and Kim yam road. The road has been completed but the barrier at its junction with kim yam road is movable and temporary.
Newbie
Unless the plans have changed, Martin place was a road bought and made by the developer to link Martin road and Kim yam road. The road has been completed but the barrier at its junction with kim yam road is movable and temporary.
Newbie
hmm... like that minus points already... linking to kim yam road adds no value at all... make the place more noisy only...
but this road is owned by govt? or condo?
Senior
Originally Posted by devilplate
do you think so ?
this is how i see it ...
i am a blur fxxx foreigner..looking to rent 1-2 bedroom ..
my company assigns agent ABC to me..
she shows me all the NEW 1-2 bedrooms in RV area.. cos my office is at Raffles place, so by taxi, by bicycle etc is very near..
all the new 1-2 bedders asking 4k , so says ABC .. what to do ?
thats all there are ..and i have to move in soon ..
so no choice take that one nearest to the hawker centre ...
dont you all think the agents have a part to play in 'pushing' up the rental?
afterall , the higher the rent, the more comms she get, the more the landlord will recommend her ..
looking around RV .. there are 2-3 bedders , old ones going for the same rental of 4k ..
i still dont believe rental has gone up .. but the uninformed rentors being fooled by agents ..
Go for Smallest Unit
clift $4k better.
Newbie
I think Angmoh won't give a hoot about hawker centre. Zenith is popular due to GWC... don't think they stay there because of the char kwey tiao... haha...
That's y The pier is popular too... angmoh see all the bars below straight away sold... haha..
Junior
according to agent talk, the road build by developer, and then hand over to LTA for maintenance. so there will be no additional maintainance fee for the road.
Junior
Its much more rewarding elsewhrthe price of mpr will pick up once its T.O.P
mpr is surrounded by all the quite high end condos there n furthermore its located on higher ground NS facing with lots of greenery. prices will surely move up.
i wished i had bought a 1bedder during launch when i was there on the 1st day. prices were around 1600psf after discount the 1st few days
Senior
it is unlikely that the road called "Martin Place" would be owned by the development although they have got the naming rights (and "invested $3m to construct it"). there is potential for other future developments south of the project who will need to use this road.
gotta check with agent again whether its going to be dead end road. I don't think it helps to be a dead end road if what you said below is true. they can still stop the buses outside martin place main entrance and get the pple to cross the road to the temple. that's even worse.
Newbie
i think what he meant was during the last 2 years it was more rewarding to invest in other locations.
but agree with you that mpr price is slightly undervalued...
the potential of martin road area will be fully unleashed soon...
Junior
me too, wish had picked up a 1 bedder.
mpr is surrounded by all the quite high end condos there n furthermore its located on higher ground NS facing with lots of greenery. prices will surely move up.
i wished i had bought a 1bedder during launch when i was there on the 1st day. prices were around 1600psf after discount the 1st few days
Newbie
not too late to do it now haha... i also thinking abt it.
Want to find out more abt the road ending....
big busses parked at my doorstep is bad...
Newbie
Buy la. Single white line along the whole stretch of Martin place. Buses can't park there.
Newbie
no leh... singapore bus driver where got follow lines on the road one... haha...
don't believe go ask the people staying at claymore road...
Their road like bus depot....
Senior
Bro, you can fire your agent liao. complain to CEA. He anyhow gasak.
for everyone's benefit, i have personally checked it out and can CONFIRM that:
1) Martin Place meets Kim Yam Road as a T-JUNCTION (directly facing temple. LOL).
2) The STOP sign is up for cars exiting Martin Place.
3) The White stop line on the road is freshly painted.
4) The walkway pavements on both sides of the road are nicely done up.
Hence, there is NO WAY that it will be sealed off.
not too late to do it now haha... i also thinking abt it.
Want to find out more abt the road ending....
big busses parked at my doorstep is bad...
Senior
previously, kim yam road is a little too narrow for buses to stop there and wait (only drop off and pick up). now, with the martin place option, i really don't know what its going to be like.
Newbie
ya... i took a drive there too... the turning arrows also drawn on the road already... confirmed not sealed.
like tht the road will be heavily used on weekends...
Newbie
the road is just opened. dun think buses can park there cos carpark lots are drawn already
Newbie
Looking at a stack 6 unit in this development. What will u guys reckon to be a fair price to pay for a mid floor 2 bedded?
Junior
Progress On Site For Martin Place Residences As At End July 2011
S/N Items Progress Status
1 Foundation Work Completed
2 Reinforced Concrete Framework Completed
3 Brick Walls Completed
4 Ceilings Completed
5 Door and Window Frames Completed
6 Car Parks, Roads and Drains Completed
7 TOP issued In Progress
BE CENTRED BY ALL AT THE FRINGE OF THE CITY @
Newbie
Progress On Site For Martin Place Residences As At End July 2011
S/N Items Progress Status
1 Foundation Work Completed
2 Reinforced Concrete Framework Completed
3 Brick Walls Completed
4 Ceilings Completed
5 Door and Window Frames Completed
6 Car Parks, Roads and Drains Completed
7 TOP issued In Progress
Any owner collect key already? please share your pictures here...
Newbie
It hasn't TOPed yet, but there are some agents have posted pics in propertyguru.
Newbie
Drove past on Sat afternoon. Martin road was busy with cars parked by the road side (believe these are designated URA parking lots). And temple was busy as well with buses passing through. But there was a traffic warden directing traffic iirc
Newbie
what is the fair value to get a unit there?
Junior
u can try around 1800+psf for a 1 bedder,prices might have soften abit already lately.
MPR gona T.O.P very soon, rochester also gona T.O.P, soleil just T.O.Ped,where to get so many tenants at this time?
Newbie
if 1800 psf can get the 1br.. let me know... i confirm buy...
but i only wan stack 1 or 7....
Junior
do your own homework lah,check out the classifieds or propertyguru website..anyway there's no need to rush,i am sure there will be owners offloading their units soon in this uncertain market turmoil.
Newbie
Lol all i'm saying is that i don't believe anyone can buy the one bedder at that psf....do your own homework lah,check out the classifieds or propertyguru website..anyway there's no need to rush,i am sure there will be owners offloading their units soon in this uncertain market turmoil.
i have offered more and got rejected... just not long back....
Last one done for 592 sqft is 1993psf... i aim this place long time liao... but 1.2 mil is not really worth it at this point of time la...
Junior
soon u will believe when the impact kicks in!
during lehman brothers crisis,i was offered 850psf for a couple of high floor 2bedder units @ southbank..
price dropping 100 - 200 psf is chicken feet in bad times..
Newbie
That will happen if there is increase in interest rate and job losses.soon u will believe when the impact kicks in!
during lehman brothers crisis,i was offered 850psf for a couple of high floor 2bedder units @ southbank..
price dropping 100 - 200 psf is chicken feet in bad times..
Will that be happening in the short term?
Exalted
850psf for southbank is below 20th flr leh....i wanted to buy the only 2bdr facing the sea and above 30th flr was asking 1100psf....still considered cheap now lah...hahasoon u will believe when the impact kicks in!
during lehman brothers crisis,i was offered 850psf for a couple of high floor 2bedder units @ southbank..
price dropping 100 - 200 psf is chicken feet in bad times..
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