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Thread: Commonwealth Towers - 99LH - 43storeys -Hongleong/CDL- Queenstown MRT

  1. #1
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    Default Commonwealth Towers - 99LH - 43storeys -Hongleong/CDL- Queenstown MRT

    Commonwealth Towers - next to Queenstown MRT





    Project Details:
    Project Name: Commonwealth Towers
    Location: 230 & 232 Commonwealth Avenue
    Developer: Wealthall Development Pte Ltd (HongLeong/CDL/Hong Realty)
    Tenure: 99yrs
    Type: Click Here for More Info
    Site Area: Approx.12,086.8 sqm / 130,101 sqft
    Total No. of Units: 845 units (2 Blocks 43-Storeys)






    .

  2. #2
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    Thumbs down

    Another OVER HYPE new condo

  3. #3
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    Is this going to be cheaper than j gateway?

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    Quote Originally Posted by Patrickstar View Post
    Is this going to be cheaper than j gateway?
    ppr is about S$850 psf, think using your knees.

  5. #5
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    Default Commonwealth Towers @ Queenstown MRT

    New exciting project @ Queenstown MRT

    2 towers of 43 storeys high with 3 levels of basement carpark

  6. #6
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    A Upcoming New Condo Just Beside Queenstown MRT!
    Commonwealth Towers - Desired City Living at Queenstown!

    Launching Soon in April 2014!
    Register HERE for VVIP Preview!





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    Talking


  8. #8
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    845 units in 130,000 sqft of land.
    this reaches a new level of crowdedness.
    I've had enough. I'm done!!!

  9. #9
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    Unhappy

    Quote Originally Posted by clemdale24 View Post
    845 units in 130,000 sqft of land.
    this reaches a new level of crowdedness.
    Agreed........Super pathetic of the 1 bedroom unit size.....super mickey mouse

  10. #10
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    If the trend of MM unit keep going then Singapore will be like Japan in the Future

  12. #12
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    But no doubt location is good la.
    Especially with the government's plans to rejuvenate the Dawson location.

    But I dread to think that I'd have to probably wait 10 minutes for the lift every morning due to the rush hour....

  13. #13
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    Quote Originally Posted by lionhill View Post
    ppr is about S$850 psf, think using your knees.
    Hmm... Singland bought the Alex Residence land at $900+ psf ppr but didn't really sell too expensive la...

    Maybe CDL will be realistic and sell low too?

  14. #14
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    Default Commonwealth Tower @ Queenstown MRT Singapore , Floor Plan

    Unit Mix
    1 Bedroom
    2 Bedroom
    3 Bedroom
    3 Bedroom + Yard
    4 Bedroom
    Unit Size Description Area (sqft)
    1 Bedroom 431 – 484
    2 Bedroom 700 – 807
    3 Bedroom 861 – 915
    3Br + Yard 1023 – 1076
    4 Bedroom 1238 – 1346

    Full set Floor Plans Available
    Just give me a call @ 97467007 and Full set will be sent to you

  15. #15
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    All floor plans here:
    http://queenstowncondolaunch.com/floor-plans/



    Any idea what is planned for the empty plot of land opposite the canal?

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    Quote Originally Posted by sunboy77 View Post
    Hmm... Singland bought the Alex Residence land at $900+ psf ppr but didn't really sell too expensive la...

    Maybe CDL will be realistic and sell low too?
    Alex residence sells cheap because your benchmark is Echelon.

    What I mean is that this commonwealth one cannot be sold at the same price as that of J-gateway although both are as cramped. Otherwise, many J-gateway buyers will band their heads lah.

  17. #17
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    Quote Originally Posted by lionhill View Post
    Alex residence sells cheap because your benchmark is Echelon.

    What I mean is that this commonwealth one cannot be sold at the same price as that of J-gateway although both are as cramped. Otherwise, many J-gateway buyers will band their heads lah.
    Hard to say in current market conditions. I won't be surprised if they market from 1400psf for 1 bedder and 1250 for larger units. No need bang heads. Place your bets and stay to it - can't sell anyway. 买定离手。
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  18. #18
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    Quote Originally Posted by Kelonguni View Post
    Hard to say in current market conditions. I won't be surprised if they market from 1400psf for 1 bedder and 1250 for larger units. No need bang heads. Place your bets and stay to it - can't sell anyway. 买定离手。
    for the low level, MRT facing one, that's possible. depending on the developer's selling strategy.
    For the price of a development, we are surely referring to the averaged price, right?

  19. #19
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    Quote Originally Posted by lionhill View Post
    for the low level, MRT facing one, that's possible. depending on the developer's selling strategy.
    For the price of a development, we are surely referring to the averaged price, right?
    To really move units, it has got to be all lower. Will not be moving only a few units. We are talking about 845 units!

    The average selling price will definitely be lower than JG in current market conditions. At best match. Very difficult to get funding for the masses. For the really rich, they don't seem to be subscribers to buy and rent strategy - just too many penalties and restrictions.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  20. #20
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    Another possibility is for more price differentiation for different levels, since the towers are 43 floors. Manage the marketing strategy for different pricing points. Its not so simple though, but as a start the flooring of the prices must be pitched reasonably low.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  21. #21
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    Quote Originally Posted by Kelonguni View Post
    The average selling price will definitely be lower than JG in current market conditions. At best match. Very difficult to get funding for the masses. For the really rich, they don't seem to be subscribers to buy and rent strategy - just too many penalties and restrictions.
    I'll bet the other way, the averaged price will be at least $100psf more than J-gateway, considering the bad sentiment of the current situation.

  22. #22
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    Quote Originally Posted by lionhill View Post
    I'll bet the other way, the averaged price will be at least $100psf more than J-gateway, considering the bad sentiment of the current situation.
    That's a good bet too based on your angle. You might be right. Let's wait and see how it turns out. The average price of JG is $1480 psf if I don't remember wrongly. 1 bedders went for $1778psf and four bedders for about $1400psf.

    If the price are about the same, no winner.

    I am betting on lower prices.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  23. #23
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    JG is a special offering. Not exactly the same as well.

    Not my cup of tea but it could be the gateway to high speed rail to Malaysia. It means something right?
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  24. #24
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    Quote Originally Posted by lionhill View Post
    for the low level, MRT facing one, that's possible. depending on the developer's selling strategy.
    For the price of a development, we are surely referring to the averaged price, right?
    Yep. We should be referring to average prices as a point of reference.

    Heard the average prices of Commonwealth T. is going to be $1600psf - $1700 psf...

  25. #25
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    Kwek Land Bank unlikely to lelong this project because cost of bidding for land on GLCs these days are getting too expensive even for CDL standard.
    "Never argue with an idiot, or he will drag you down to his level and beat you with experience."

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    the HDB in Margaret drive conmands nearly the same price as that in redhill,
    and holland village. The Queens, which is mroe than 8 years old, 3 brs are also sold at around S$1300psf, noticing most resale units in Queens are not the high-floor, and not the good facing ones.

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    Quote Originally Posted by lionhill View Post
    the HDB in Margaret drive conmands nearly the same price as that in redhill,
    and holland village. The Queens, which is mroe than 8 years old, 3 brs are also sold at around S$1300psf, noticing most resale units in Queens are not the high-floor, and not the good facing ones.
    this will not be cheap. maybe slightly cheaper than alex residences, but IMO will be higher than JG. so, if i had to place a bet, it will be in the region 1550-1650psf average. the higher floors will stay expensive maybe closer to 2000psf; the lower floors will be 1400-1550psf.
    I've had enough. I'm done!!!

  28. #28
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    Quote Originally Posted by lionhill View Post
    the HDB in Margaret drive conmands nearly the same price as that in redhill,
    and holland village. The Queens, which is mroe than 8 years old, 3 brs are also sold at around S$1300 psf, noticing most resale units in Queens are not the high-floor, and not the good facing ones.
    Commanding is one side of the coin. Affording is the other side.

    Transactions are so low currently because of affordability issues in my opinion. No doubt small units can still move no matter what the selling price is. The legal TOP is 2022, expected TOP is 2018. Still a drawback for me.

    Anyway, you guys might be right. Be blessed.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  29. #29
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    Quote Originally Posted by Kelonguni View Post
    Commanding is one side of the coin. Affording is the other side.

    Transactions are so low currently because of affordability issues in my opinion. No doubt small units can still move no matter what the selling price is. The legal TOP is 2022, expected TOP is 2018. Still a drawback for me.

    Anyway, you guys might be right. Be blessed.
    do not take it too serious, everyone is just guessing and assessing from his own perspective.

  30. #30
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    Between Redhill and Queenstown, which is a better location for investment?

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