Strange, market so quiet, usually got new development will immediate see thread on it, but coco palms by CDL on the last plot in pasir Ris Grove no new thread yet ? Market must be very bad then.
Strange, market so quiet, usually got new development will immediate see thread on it, but coco palms by CDL on the last plot in pasir Ris Grove no new thread yet ? Market must be very bad then.
good location, will be a hot project
so the new project is name coco palms? I was actually very keen in this project too! till now no news leh!
1 br from 498k
2 br from 718k
3 br from 888k
not bad
888k ... huat ah huat huat ah ... but how small ??
Ride at your own risk !!!
Lease starts from Jun 2008 so will be nearly 10 yrs old when TOP.
So still can sell at premium to nearby projects?
How come they never bother to top up the lease. Waterfront gold and isle lease were top up for 2 years to start from 2009 because they were launched later.
Not attractive at all if u do the calculation:
1. Its become 10 year old project when reach TOP...
2. The price did not make big difference compare to nearby projects;
3. Overcrowded..900+units...for the 4 big projects by CDL, it has almost more than 3k units...very competitive to rent or sell...
NV residences 642 units
Livia 724 units
Palette 892 units
D' Nest 912 units
Elias Green 419
Coco Palms 944 units
Total: 4533 units, excluding Ris Grandeur and Belysa (EC) along same road.
Lease from Jan 2008. Expected TOP Mid 2019. Difference = 11 years.
Lease left when TOP = 99-11 = 88 years
Usually lease left at TOP is 94-95 years. Coco Palms is shortchanging buyers by 6-7 years of lease. Will it be priced at 6-7% discount from the current "market rate"?
I think already priced in..coz it's priced at 700k onwards..
They reckoned the buyers not stupid lar.
D'nest lease started in 2010..only started selling last year right? Estimated Top is 2017.. 7 years gone but still selling very briskly as it's very near MRT.
Would you buy if it's priced at a discount?
1 br from 498k
2 br from 718k
3 br from 888k
For 2 br, size is from 743 sq ft, which means from 966 psf. Sounds good but the tricky word is "from". Must be 2nd floor, main road cum HDB facing or bin centre cum substation facing, looking at the site plan. And must contend with bay windows. Anyway the cooling measures have killed my appetite for another property..so unless they can offset my ABSD..lol
Hi Everyone,
Your Long Awaited Development "Coco Palms" Condominium by CDL.
The last plot of land that is the nearest to MRT among the other 4 developments by CDL.
Our showflat preview starts on 3 May 2014 (Sat)!
For More Info and Registration for Showflat Appointment, Visit our Homepage at:
Coco Palms Condominium at Pasir Ris
All floor plans here.
http://www.cocopalm.com.sg/floor-plans/
Lots of bay windows and planters, plus lease start from 2008. Not that cheap afterall.
how much for 3room dual key units?
Passed by the show-flat today, seems crowed.
Don't remember seeing any dual key.Originally Posted by mimpressive.7
The interiors..as expected from Cdl are impressive... high floor to ceiling...at 2.9m..built in carpentry.. Floor storage..free dining table etc
However.. Lots of carpentry to hide the bay windows... Mirrors on walls n even in ceiling to make rooms bigger..
Not exactly cheap..the units are too many...there will be intense competition to use these facilities.. Dun think will be able to use them in the end..
The showroom is very crowded...
but considering the lesser lease plus smaller units...it's still ex.
I still think vue 8 make a better buy with its practical design without bay windows.. Planter ledge.. N 6 longer lease years..
For same price..can get 1033sft in vue 8 vs 904 sft in coco palms....
Etc..from homeowners point of view la..
Last edited by Yuki; 03-05-14 at 17:29.
https://www.facebook.com/bestnewlaun...20494418044959
1Br from $498K, 2Br from $718K, 3Br from $888K, 4Br from $1.23m
Looks like those wishing for a crash can wait long long.....
With stronger GDP and stock market - well.. prices will be resilent...those waiting to buy on cheap... perhaps will need to think twice.