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.
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.
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?
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 ..
clift $4k better.
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..
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.Originally Posted by Condo Kaiser
the price of mpr will pick up once its T.O.POriginally Posted by devilplate
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
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.
Originally Posted by Condo Kaiser
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...
me too, wish had picked up a 1 bedder.Originally Posted by fiat500
not too late to do it now haha... i also thinking abt it.Originally Posted by hopeful
Want to find out more abt the road ending....
big busses parked at my doorstep is bad...
Buy la. Single white line along the whole stretch of Martin place. Buses can't park there.
no leh... singapore bus driver where got follow lines on the road one... haha...Originally Posted by eaurouge_spa
don't believe go ask the people staying at claymore road...
Their road like bus depot....
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.
Originally Posted by Condo Kaiser
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. road is nice and wide!
Originally Posted by Condo Kaiser
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...
the road is just opened. dun think buses can park there cos carpark lots are drawn already
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?
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
Originally Posted by sleek
Any owner collect key already? please share your pictures here...
It hasn't TOPed yet, but there are some agents have posted pics in propertyguru.
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
what is the fair value to get a unit there?
u can try around 1800+psf for a 1 bedder,prices might have soften abit already lately.Originally Posted by danielchow
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?
if 1800 psf can get the 1br.. let me know... i confirm buy...
but i only wan stack 1 or 7....
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.Originally Posted by Condo Kaiser
Lol all i'm saying is that i don't believe anyone can buy the one bedder at that psf....Originally Posted by fiat500
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...
soon u will believe when the impact kicks in!Originally Posted by Condo Kaiser
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..
That will happen if there is increase in interest rate and job losses.Originally Posted by fiat500
Will that be happening in the short term?
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...hahaOriginally Posted by fiat500