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Thread: Waterfront@Faber to be relaunched

  1. #1
    Join Date
    Oct 2011
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    10,829

    Default Waterfront@Faber to be relaunched

    http://www.businesstimes.com.sg/spec...nched-20140926

    Published September 26, 2014

    Waterfront@Faber to be relaunched

    Some 77 units were sold at the 210-unit project up to Aug 25

    By Lynette Khoo

    [email protected] @LynetteKhooBT


    [SINGAPORE] With sales at Waterfront@Faber tapering off since its launch in May, the developer World Class Land is drumming up interest again through a relaunch to mark its release of prime-facing units.

    Its showflat will be re-opened this weekend ahead of the re-launch two weeks from now.

    But there will be no major slashing of prices for the already released units. The relaunch will focus mainly on the unreleased units, according to the marketing agents who are starting to collect expressions of interest.

    According to one of the marketing agencies, new indicative price quantums translate to about 7 per cent discount from the original price list, on top of the earlier discounts dangled during the preview.

    For the new released units, marketing materials show that indicative mid-level prices start from S$910,000 for a dual-key two-bedder of 753 sq ft; S$1.28 million for a pool-facing three-bedder of 1,066 sq ft or S$1.308 million for a river-facing three-bedder of the same size; and S$1.53 million for a river-facing four-bedder of 1,281 sq ft.

    There is also the three-bedroom compact of 1,033 sq ft that starts from S$1.195 million. Booking for the new release will start from Oct 4.

    World Class, the property development arm of listed jewellery group Aspial Corporation, has deployed four marketing agencies for this project, namely ERA, PropNex, Knight Frank and Teakhwa Real Estate.

    Seventy-seven units were sold at the 210-unit project based on caveats lodged as of Aug 25, with a median price of S$1,247 per square foot. The two bedders were fully sold.

    Elsewhere, World Class Land is jointly developing City Gate, on the site of Keypoint building, with Fragrance Group. The project has moved 51 units as of Sept 10 since its launch in late July, according to the caveats lodged.

    Another condo project that will be launched this weekend is Forte Suites, a 106-unit freehold project on 88 Mergui Road in District 8. According to its developer, it is within ten-minutes walk to the Farrer Park MRT Station and a five-minute drive to major expressways.

    Forte Development Pte Ltd, a member of the JForté Group of companies, said on Thursday that it has already moved 20 per cent of all units at Forte Suites during a "soft launch".

    ERA and PropNex are marketing this project, with prices starting from S$1,600 psf at the soft launch on Sept 6.

    Close to half the buyers are foreigners, specifically the Europeans, Indians and Chinese, given the project's central location, said a spokesman for Forte Development.

    These buyers include frequent medical tourists who are drawn to the project's proximity to the upcoming Connexion medical centre and hospital in Farrer Park, Health City Novena as well as the Orchard Road-Tanglin Road medical belt.

    Jason Lee, chairman of JForté Holdings, said that Forte Suites is designed as a "hotel-style condominium replete with day concierge service, generous ceiling heights of up to 3.2 metres, as well as an en suite Jacuzzi in some premium two-bedroom units".

  2. #2
    Join Date
    Feb 2014
    Posts
    73

    Default

    Waterfront @ Faber Showflat opens from tomorrow 27 Sept 2014 onwards! Booking for New Release on 4 Oct 2014 (Sat).

    For more general infor and floor plan, please visit: www.allpropertylaunches.sg/waterfront-at-faber/

    Cheerios!

    Kaeden Ong
    Mobile: +65 9048 0660
    Email: [email protected]
    Assistance Division Director
    ERA Realty Network Pte Ltd

    r027596h
    l3002382k

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