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Thread: The Adara

  1. #1
    twinkie Guest

    Default The Adara

    The Adara @ Chapel Road. Convenient but is it worthwhile to pay $1100 /sqft?


  2. #2
    Unregistered Guest

    Default Re: The Adara

    Quote Originally Posted by twinkie
    The Adara @ Chapel Road. Convenient but is it worthwhile to pay $1100 /sqft?

    is this one of those small properties that are everywhere in the east? just bear in mind that rental yields won't be high as there are hardly any facilities and when it gets old, you have to pay lots for maintenance and sinking fund, as there are few units only in your development.

  3. #3
    Unregistered Guest

    Default Re: The Adara

    Quote Originally Posted by Unregistered
    is this one of those small properties that are everywhere in the east? just bear in mind that rental yields won't be high as there are hardly any facilities and when it gets old, you have to pay lots for maintenance and sinking fund, as there are few units only in your development.
    agree, since a small development, developer will surely give discount later, they can't hold for long...

  4. #4
    Unregistered Guest

    Default Re: The Adara

    Quote Originally Posted by Unregistered
    is this one of those small properties that are everywhere in the east? just bear in mind that rental yields won't be high as there are hardly any facilities and when it gets old, you have to pay lots for maintenance and sinking fund, as there are few units only in your development.
    just went to view. no more 2 rooms except for penthouse. this is near chin mei chin , near the church. the place is quite nice is but not that cheap. not sure about the price. but is rather convenient since its near all the amenities and nice road name.

  5. #5
    Unregistered Guest

    Default Re: The Adara

    that area is just fine

  6. #6
    Unregistered th945re Guest

    Default Re: The Adara

    Quote Originally Posted by Unregistered
    just went to view. no more 2 rooms except for penthouse. this is near chin mei chin , near the church. the place is quite nice is but not that cheap. not sure about the price. but is rather convenient since its near all the amenities and nice road name.

    Chapel is nice name. However the plot there is small that it does not ring a bell in term of rasing its valuation.

    If a nice name is key, go for Meyer road. condos in Meyer road has more value in comparison to condos in Amber road in where The Seaview, The Esta and other are located.

    Meyer Road has limited developmental space for condo and thus it has no more rooms to buid more condos.

    Very likely the odler ones in Meyers may be slated for enbloc in the next two to five years.

    If there is a rise in market potential there for very high rise high-end superior best-of-best exclusive Meyer road locations.

    Perhaps the middleeast compnaies will come in to enbloc those condo there for a super-duper very high-storeys condo that can match the demand of the rich and famous.

    The potential price of condos in Meyer road can go up to 2500 psf in the next two years and risiing to $3500psf in the next 7 years if there is contnuing steady demand of the rich for a quiet with walking distance to the beach.

    The real thing is that the exclusive location in the East is along Meyer road .

  7. #7
    ya-wn Guest

    Talking Re: The Adara

    Quote Originally Posted by Unregistered th945re
    Chapel is nice name. However the plot there is small that it does not ring a bell in term of rasing its valuation.

    If a nice name is key, go for Meyer road. condos in Meyer road has more value in comparison to condos in Amber road in where The Seaview, The Esta and other are located.

    Meyer Road has limited developmental space for condo and thus it has no more rooms to buid more condos.

    Very likely the odler ones in Meyers may be slated for enbloc in the next two to five years.

    If there is a rise in market potential there for very high rise high-end superior best-of-best exclusive Meyer road locations.

    Perhaps the middleeast compnaies will come in to enbloc those condo there for a super-duper very high-storeys condo that can match the demand of the rich and famous.

    The potential price of condos in Meyer road can go up to 2500 psf in the next two years and risiing to $3500psf in the next 7 years if there is contnuing steady demand of the rich for a quiet with walking distance to the beach.

    The real thing is that the exclusive location in the East is along Meyer road .

    YAWN - ha - another specuvestor trying to talk up the market with last
    year's old stories of rich arab sheikhs etc etc - looks like may have bought a
    property in meyer rd at high price and so talking it up...... ha yawnnnnn

  8. #8
    East Lover Guest

    Default Re: The Adara

    [QUOTE=The real thing is that the exclusive location in the East is along Meyer road .[/QUOTE]

    What a load of crab and totally without proof..

  9. #9
    paperplate Guest

    Default Re: The Adara

    Quote Originally Posted by Unregistered
    agree, since a small development, developer will surely give discount later, they can't hold for long...
    I doubt this developer will give discount as it is almost fully sold...

    Maybe we should wait for other new small development launches and if they cant sell, we can press down the prices...

    Again, recent mass market small projects are selling quite well like Stadia...

    Go and take a look at blucoral or bluwaters2...i heard u can submit chq and ask for a 3-5% discount...gd luck

  10. #10
    East Lover Guest

    Default Re: The Adara

    Quote Originally Posted by paperplate
    I doubt this developer will give discount as it is almost fully sold...

    Maybe we should wait for other new small development launches and if they cant sell, we can press down the prices...

    Again, recent mass market small projects are selling quite well like Stadia...

    Go and take a look at blucoral or bluwaters2...i heard u can submit chq and ask for a 3-5% discount...gd luck
    Some developments already starting to offer 10% without asking and more if you are really interested. one agent told me at a big development "the deveopler is very flexible currently".

  11. #11
    paperplate Guest

    Default Re: The Adara

    Quote Originally Posted by East Lover
    Some developments already starting to offer 10% without asking and more if you are really interested. one agent told me at a big development "the deveopler is very flexible currently".
    You may want to post those projects that is currently giving good offer and possess good value buy?

    It will be very useful for all home buyers here!

  12. #12
    Join Date
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    Default THE ADARA(Former CHAPEL MANSION)

    Project Name-THE ADARA(Former CHAPEL MANSION)
    Developer-Roxy Homes Pte Ltd
    Property Type-Apartment
    Tenure - Freehold
    Total Units - 16
    Completion Date - est 31 dec 2010
    District - 15









    >>>>click here for more details ,more floor plans and 720 degree virtual tour >>>>


  13. #13
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    Default

    Adara only 16 units ...?
    anyone in the forum staying there ..how the feedback for staying in apartment with < 20 units ? high maint fee ?

  14. #14
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    Default

    high maintainence fees and lesser en-bloc chances in future due to small land mass.

  15. #15
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    Default

    Quote Originally Posted by terence
    high maintainence fees and lesser en-bloc chances in future due to small land mass.

    if land is big ... but whole projects consist of only MM units ... enbloc chance also very slim right ?

  16. #16
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    Quote Originally Posted by proud owner
    if land is big ... but whole projects consist of only MM units ... enbloc chance also very slim right ?
    MM owners by and large less risk averse and more daring. If enbloc got money to be made why not? I saw one project somewhere Residence 118 or wat 5 yrs only enbloc in progress liao.....

  17. #17
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    Quote Originally Posted by mcmlxxvi
    MM owners by and large less risk averse and more daring. If enbloc got money to be made why not? I saw one project somewhere Residence 118 or wat 5 yrs only enbloc in progress liao.....

    for developer to enbloc a place

    they must be able to build MORE or higher

    i am just thinking ... a condo of say 20 floor (max-ed out ) and all MM units of say 500-600 sqft

    whats the enbloc potential ?

    can develpoer build more units if height is maxed ? into all 300 sqft unit ?

    otherwise enbloc is as good as impossible

    am i right to say that ?


    with so many MM projects .. 20 yrs down the road ... whats the chance of enbloc ?

  18. #18
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    Default

    Quote Originally Posted by proud owner
    for developer to enbloc a place

    they must be able to build MORE or higher

    i am just thinking ... a condo of say 20 floor (max-ed out ) and all MM units of say 500-600 sqft

    whats the enbloc potential ?

    can develpoer build more units if height is maxed ? into all 300 sqft unit ?

    otherwise enbloc is as good as impossible

    am i right to say that ?


    with so many MM projects .. 20 yrs down the road ... whats the chance of enbloc ?
    You answered ur qn... 100 x 500sf mm turns into 154 x 323sf...

    Tats 54% upside potential at even higher psf. We aint see nutthin yet....

  19. #19
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    residences 118 is en-bloc sale of all the units. not en-bloc to tear down and rebuild.

    Quote Originally Posted by mcmlxxvi
    MM owners by and large less risk averse and more daring. If enbloc got money to be made why not? I saw one project somewhere Residence 118 or wat 5 yrs only enbloc in progress liao.....

  20. #20
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    any feedback of living in such a tight knitted community...16 neighbours...within the projt

  21. #21
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    Quote Originally Posted by marktkt22
    any feedback of living in such a tight knitted community...16 neighbours...within the projt
    so near parkway... i wun b surprised half already tenanted...

  22. #22
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    Quote Originally Posted by marktkt22
    any feedback of living in such a tight knitted community...16 neighbours...within the projt
    not so small....30+ units consider tight? u will get to noe most of the 'happenings' within the estate...residents tend to show more concern......big developments usually residents r quite bochup

    if u r not a social butterfly, den better go for big big project....

  23. #23
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    according to roxy's presentation slides, TOP has been obtained for Ambra, Adara and Ambrosia...how come all start with A? hee.

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