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Thread: Silversea (D15, 99 years Leasehold, Far East Organization)

  1. #571
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    If Aalto can do it, dun see why Silverseas cannot

  2. #572
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    Quote Originally Posted by Blue
    If Aalto can do it, dun see why Silverseas cannot
    Erm...because Aalto is FH and in Meyer and Silverseas is not.

  3. #573
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    Quote Originally Posted by Lou
    Erm...because Aalto is FH and in Meyer and Silverseas is not.
    Silverseas location is more attractive than Meyer in my opinion. All the amenities are within walking distance. Meyer has nothing but roads and schools. Of cos, FH is better than 99 yrs. But like many folks here say, you don't live long enough to wait till lease ends. Also, any building that is already 40 years old, can start to tear down and rebuild already..

  4. #574
    xebay11 is offline New Launch Project Specialist
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    Quote Originally Posted by Blue
    Also, any building that is already 40 years old, can start to tear down and rebuild already..
    Who going to rebuild if not sold enbloc and lease renewed?

  5. #575
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    Quote Originally Posted by xebay11
    Who going to rebuild if not sold enbloc and lease renewed?
    Mgmt Corporation maintenance sinking fund!

  6. #576
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    Quote Originally Posted by Blue
    Silverseas location is more attractive than Meyer in my opinion. All the amenities are within walking distance. Meyer has nothing but roads and schools. Of cos, FH is better than 99 yrs. But like many folks here say, you don't live long enough to wait till lease ends. Also, any building that is already 40 years old, can start to tear down and rebuild already..
    Meyer road is more exclusive than Amber. The prices reflect it. Whether the exclusitivity is worth something to you depends on the buyers' perspective.

  7. #577
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    Quote Originally Posted by Blue
    Silverseas location is more attractive than Meyer in my opinion. All the amenities are within walking distance. Meyer has nothing but roads and schools. Of cos, FH is better than 99 yrs. But like many folks here say, you don't live long enough to wait till lease ends. Also, any building that is already 40 years old, can start to tear down and rebuild already..
    Meyer Road is the prestigious address in the east. Human mentality, ppl just like to live near the rich ppl.

  8. #578
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    Quote Originally Posted by Blue
    Silverseas location is more attractive than Meyer in my opinion. All the amenities are within walking distance. Meyer has nothing but roads and schools. Of cos, FH is better than 99 yrs. But like many folks here say, you don't live long enough to wait till lease ends. Also, any building that is already 40 years old, can start to tear down and rebuild already..
    it's a long long walking distance without trees and shades

  9. #579
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    Quote Originally Posted by Douk
    Meyer Road is the prestigious address in the east. Human mentality, ppl just like to live near the rich ppl.
    True enough, ppl staying in Meyer Road don't walk to get groceries. They prefer to drive their flashy cars even if it's 500m away.

  10. #580
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    Quote Originally Posted by eng81157
    it's a long long walking distance without trees and shades
    You can't even walk from Meyer Rd to Parkway Parade...

  11. #581
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    Quote Originally Posted by Blue
    You can't even walk from Meyer Rd to Parkway Parade...
    was referring to silversea, eh learn to follow trail in thread posts

  12. #582
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    Quote Originally Posted by eng81157
    was referring to silversea, eh learn to follow trail in thread posts
    My bad, haha - Silversea walk to Parkway oso no trees what..

  13. #583
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    Quote Originally Posted by Blue
    My bad, haha - Silversea walk to Parkway oso no trees what..
    eh, that's why i say it's a long long walk without trees and shade.

    just to digress, i can't imagine having to live with the constant noise and ruckus emanating from the roundabout.

  14. #584
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    Reporter is offline F01 N54 Sheer Driving Pleasure
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    Private Residential Units Sold in the Month of March 2010
    Project Name . Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Silversea ......... RCR ....... 147 ....................... 12 .......................... 1,931 ........... 1,675 ........... 1,327

  15. #585
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    Quote Originally Posted by Reporter
    Private Residential Units Sold in the Month of March 2010
    Project Name . Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Silversea ......... RCR ....... 147 ....................... 12 .......................... 1,931 ........... 1,675 ........... 1,327
    impressive !!

  16. #586
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    how's the progress for this? anyone has taken pics of the site recently?

  17. #587
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    No pics but was quoted 2400 psf for a 4 bedder (#19-10) at the premier tower aka Elan Tower......Mind Blowing

  18. #588
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    I believe the price of this project is only attractive to overseas buyers with the extensive advertisemnent on the inflight movie of SQ for so many months.
    Quote Originally Posted by condoinvestor
    No pics but was quoted 2400 psf for a 4 bedder (#19-10) at the premier tower aka Elan Tower......Mind Blowing

  19. #589
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    $2400 for LH?

    I'll rather get Aalto

  20. #590
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    Bigger units seem to be doing better:

    Those above 2000sf are commanding 2k psf, whereas those 1000sf units only managed around 1500psf.

  21. #591
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    Might as well get The Seaview. Freehold, and more prestigious developer (Wheelock) than FEO...

    Quote Originally Posted by Jonathan0503
    $2400 for LH?

    I'll rather get Aalto

  22. #592
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    Quote Originally Posted by clemdale
    Might as well get The Seaview. Freehold, and more prestigious developer (Wheelock) than FEO...
    But Seaview no unblocked sea view leh. So can't really compare

  23. #593
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    Quote Originally Posted by Jonathan0503
    But Seaview no unblocked sea view leh. So can't really compare
    Also no ECP traffic noise too.

  24. #594
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    comparison with Silversea...because their view really is premium and one of a kind

  25. #595
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    Quote Originally Posted by mantrix
    comparison with Silversea...because their view really is premium and one of a kind
    How about Sentosa Cove Project ? They have better sea view with no traffic noice.

  26. #596
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    Quote Originally Posted by clemdale
    Might as well get The Seaview. Freehold, and more prestigious developer (Wheelock) than FEO...
    from what i see lately,FEO has overtaken wheelock.
    FEO is definitely better than wheelock @ the present moment.

  27. #597
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    Quote Originally Posted by masterkey
    Bigger units seem to be doing better:

    Those above 2000sf are commanding 2k psf, whereas those 1000sf units only managed around 1500psf.
    The 4bedders are premium units, sea view facing, higher floor and FEO targets the foreigners esp PRCs.

    The smaller units face the main road, are on lower floors and I guess targets local investors.

  28. #598
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    Quote Originally Posted by mantrix
    comparison with Silversea...because their view really is premium and one of a kind
    I'm not sure how appealing the sea view will be from Silversea or other condos in the Amber/Meyer stretch. The casuarina trees at ECP are just too tall.

    IMO, the best seaviews at ECP are at the Bayshore area, esp Costa del Sol.

  29. #599
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    Quote Originally Posted by eaurouge_spa
    I'm not sure how appealing the sea view will be from Silversea or other condos in the Amber/Meyer stretch. The casuarina trees at ECP are just too tall.

    IMO, the best seaviews at ECP are at the Bayshore area, esp Costa del Sol.
    The seaview from the Amber Road angle has the best seaview cause the sea is the nearest and the trees are not tall. Average 6th floor u can see the sea already. In addition, the waters there are the cleanest among the whole stretch at east coast. Coupled with a beautiful east coast park and greenery near Fort Road, this location is the prime target of foreigners who love the sea view.

    There goes the reason why foreigners are willing to fork out above $2000psf for prime sea view facing units at Silversea despite the fact that its only 99 years leasehold.

  30. #600
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    No matter what, Amber/Meyer is still the most prestigious/upperclass region of D15. However, the price of Silversea is quite ridiculous especially since it's 99LH. might as well consider Aalto, which is freehold but further from Parkway. Or The Seaview which to me is the safest bet of all. Dont forget that >1/2 of the units at Silversea probably dont have seaview, so idk what they're paying for then...

    Quote Originally Posted by Shawn
    The seaview from the Amber Road angle has the best seaview cause the sea is the nearest and the trees are not tall. Average 6th floor u can see the sea already. In addition, the waters there are the cleanest among the whole stretch at east coast. Coupled with a beautiful east coast park and greenery near Fort Road, this location is the prime target of foreigners who love the sea view.

    There goes the reason why foreigners are willing to fork out above $2000psf for prime sea view facing units at Silversea despite the fact that its only 99 years leasehold.

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