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Thread: Coco Palms

  1. #1
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    Default Coco Palms

    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.

  2. #2
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    teddybear is offline Global recession is coming....
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    Property market going to CRASH before end of this year or next year because of ABSD and TDSR?

    Quote Originally Posted by microhdb View Post
    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.

  3. #3
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    good location, will be a hot project

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    Quote Originally Posted by terrynfs View Post
    good location, will be a hot project
    Head it was delayed to May for launch.

  5. #5
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    so the new project is name coco palms? I was actually very keen in this project too! till now no news leh!

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    1 br from 498k
    2 br from 718k
    3 br from 888k

    not bad

  7. #7
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    888k ... huat ah huat huat ah ... but how small ??
    Ride at your own risk !!!

  8. #8
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    Quote Originally Posted by phantom_opera View Post
    888k ... huat ah huat huat ah ... but how small ??
    904 sqft with bw and pl

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    Lease starts from Jun 2008 so will be nearly 10 yrs old when TOP.
    So still can sell at premium to nearby projects?

  10. #10
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    Quote Originally Posted by Khng8 View Post
    Lease starts from Jun 2008 so will be nearly 10 yrs old when TOP.
    So still can sell at premium to nearby projects?
    The lease term is not really a concern I guess. To me, it's the expected TOP in mid 2019 that puts me off. It's five long years from now.

  11. #11
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    Quote Originally Posted by Khng8 View Post
    Lease starts from Jun 2008 so will be nearly 10 yrs old when TOP.
    So still can sell at premium to nearby projects?
    Coco Palms is the latest condominium in the private residential enclave along Pasir Ris Grove, just minutes' ... Tenure of Land, 99 years lease w.e.f 7 Jan 2008.

    So it means 10+yr plus has left after collection of keys..

  12. #12
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    Quote Originally Posted by Yuki View Post
    Coco Palms is the latest condominium in the private residential enclave along Pasir Ris Grove, just minutes' ... Tenure of Land, 99 years lease w.e.f 7 Jan 2008.

    So it means 10+yr plus has left after collection of keys..
    Has lapsed

  13. #13
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    Quote Originally Posted by Yuki View Post
    Coco Palms is the latest condominium in the private residential enclave along Pasir Ris Grove, just minutes' ... Tenure of Land, 99 years lease w.e.f 7 Jan 2008.
    This is rather surprising.

    Wonder why land lease wef Jan 2008, but launch in 2014?

  14. #14
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    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.

  15. #15
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    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...

  16. #16
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    Quote Originally Posted by Strata View Post
    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...
    So if it sells cheaper..Then its expected?

    I think cdl brought the huge piece of land a long time ago. ..but released the project over the years.

    But those who brought for rental is still ok as investment? Since near mrt?

    Not for own stay though. .

  17. #17
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    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"?

  18. #18
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    Quote Originally Posted by gav108 View Post
    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?

  19. #19
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    Quote Originally Posted by Yuki View Post
    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

  20. #20
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    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





  21. #21
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    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.

  22. #22
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    Quote Originally Posted by azeoprop View Post
    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.
    I think it will be hot.

  23. #23
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    how much for 3room dual key units?

  24. #24
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    Default Coco' showroom

    Passed by the show-flat today, seems crowed.

  25. #25
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    Quote Originally Posted by mimpressive.7
    how much for 3room dual key units?
    Don't remember seeing any dual key.

    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.

  26. #26
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    https://www.facebook.com/bestnewlaun...20494418044959

    1Br from $498K, 2Br from $718K, 3Br from $888K, 4Br from $1.23m




  27. #27
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    Quote Originally Posted by princess_morbucks View Post
    Hi

    Any indicative price for the 5 bedders ? Layout looks good except for BW and planters. What' the nett floor area ?

  28. #28
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    Looks like those wishing for a crash can wait long long.....

  29. #29
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    Quote Originally Posted by Yuki View Post
    Don't remember seeing any dual key.

    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..
    This one is much better due to MRT station, proximity to amenities n ease of entry/exit to TPE. Factoring in e lease, it looks value for money.

  30. #30
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    With stronger GDP and stock market - well.. prices will be resilent...those waiting to buy on cheap... perhaps will need to think twice.

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