Page 1 of 5 12345 LastLast
Results 1 to 30 of 137

Thread: North Park Residences

  1. #1
    Join Date
    Sep 2014
    Posts
    650

    Default North Park Residences

    Showflat opening soon in early Mar

    Unit Types
    1BR & 1+Study 431-560 sqft 190 units
    2BR & 2BR Premium 624-732 sqft 280 units
    2BR & 3BR TRIO 635-967 sqft 110 units
    3BR & 3BR Premium 829-1001 sqft 200 units
    4BR & 4BR Premium 1098-1206 sqft 120 units
    5BR 1432 sqft 20 units

  2. #2
    Join Date
    Jan 2012
    Posts
    660

    Default

    The unit sizes are getting smaller and smaller - due to the likely high psf price.

  3. #3
    Join Date
    Sep 2014
    Posts
    650

    Default

    at least the balconies are staying...

  4. #4
    Join Date
    Nov 2011
    Posts
    789

    Default

    It won't be cheap, but I tink there is still people who want buy for the convenience and the malls ....hahaha

  5. #5
    Join Date
    Sep 2014
    Posts
    650

    Default

    in singapore, all the malls are the same. jus the layout different only.

  6. #6
    Join Date
    Apr 2009
    Posts
    869

    Default

    If symphony suites at $1000 psf, this one should be $1200-$1300 psf

  7. #7
    Join Date
    Sep 2014
    Posts
    650

    Default

    analyst’s expectations span a wide range – from $1,5xx PSF (assuming 10% profit margin), to around $14xx PSF (breakeven), to $1,3xx PSF (if Frasers chooses to sell at a bargain, slightly below cost).

  8. #8
    Join Date
    Dec 2014
    Posts
    27

    Default

    Quote Originally Posted by 2824 View Post
    If symphony suites at $1000 psf, this one should be $1200-$1300 psf
    Nine Residences 400m away from symphony suites , is selling at 1200 PSF

    I think NorthPark residence should be at least 1400 PSF , I hope I m wrong tho . If 1200 PSF I will definitely be the first one on the list to buy !!

  9. #9
    Join Date
    Sep 2014
    Posts
    650

    Default

    Quote Originally Posted by 5littlecow View Post
    Nine Residences 400m away from symphony suites , is selling at 1200 PSF

    I think NorthPark residence should be at least 1400 PSF , I hope I m wrong tho . If 1200 PSF I will definitely be the first one on the list to buy !!
    Lol!!! if 1200psf, I think u will need to start q overnight to be the first one on the list liao. Hahahahaha!!!!!

  10. #10
    Join Date
    Jan 2014
    Posts
    40

    Default

    Quote Originally Posted by 5littlecow View Post
    Nine Residences 400m away from symphony suites , is selling at 1200 PSF

    I think NorthPark residence should be at least 1400 PSF , I hope I m wrong tho . If 1200 PSF I will definitely be the first one on the list to buy !!
    I think it would likely be at least $1,500 psf.

    Isn't Centro Residences at AMK selling at $1,800 to $2k psf now?

  11. #11
    Join Date
    Jun 2009
    Posts
    5,675

    Default

    1300psf is simply unbelieveable for yishun.

  12. #12
    Join Date
    Jun 2013
    Posts
    273

    Default

    It will be interesting news when the price is officially announce

  13. #13
    Join Date
    Sep 2014
    Posts
    650

    Default

    Quote Originally Posted by azeoprop View Post
    1300psf is simply unbelieveable for yishun.
    1300psf is simply unbelieveable high for yishun. And unbelieveable low for frasers.

  14. #14
    Join Date
    Sep 2014
    Posts
    650

    Default

    Quote Originally Posted by fireflyy View Post
    I think it would likely be at least $1,500 psf.

    Isn't Centro Residences at AMK selling at $1,800 to $2k psf now?
    1.8 to 2k for centro are for high floors. low floors still can get 1.5K.

  15. #15
    Join Date
    Dec 2014
    Posts
    27

    Default

    Saw many agents camping outside the show flat when I drove past today . . Heard they are opening the show flat on 14 March which is 2 weeks from now

  16. #16
    Join Date
    Sep 2014
    Posts
    650

    Default

    Quote Originally Posted by 5littlecow View Post
    Saw many agents camping outside the show flat when I drove past today . . Heard they are opening the show flat on 14 March which is 2 weeks from now
    If they r in for the briefing today, guess it will be open this coming sat 7 mar...

    https://www.eventbrite.sg/e/the-unve...ts-15922704237

  17. #17
    Join Date
    Oct 2013
    Posts
    38

    Default

    So their showflat is open today ? Anybody going down for a look can share how its like ?

  18. #18
    Join Date
    Sep 2014
    Posts
    650

    Default

    http://business.asiaone.com/property...rth-park-homes

    Weekend preview of North Park homes
    Rennie Whang
    The Straits Times
    Wednesday, Mar 11, 2015

    THE largest integrated development in Singapore's north opens its residential component for preview this weekend.

    The 920-unit North Park Residences is part of Northpoint City, which will have a gross floor area of about 1.33 million sq ft when completed in 2018.

    Northpoint City will include a mall of about 500 outlets and the existing Northpoint Shopping Centre.

    Nee Soon Community Club will move to the complex, which will have a bus interchange and links to Yishun MRT station.

    "We have been (in Yishun) for 23 years with Northpoint Shopping Centre... We feel a close relationship with Yishun (and) wanted to make sure our development would... integrate the two," Frasers Centrepoint Homes chief executive of development and property Cheang Kok Kheong said at a briefing yesterday.

    "We have a deep track record in designing, building and managing integrated developments... We have done it in Changi City Point, Compass Point and in Sydney's Central Park.

    "As we are keeping and managing the mall, (buyers of North Park Residences) are ensured maintenance (and) management... over the years."

    North Park Residences will have 12 10-storey towers, with one- to five-bedders ranging from 431 sq ft to 1,432 sq ft.

    Pricing is expected to be at a 30 per cent premium to totally "non-integrated" suburban projects.

    Frasers Centrepoint Homes is targeting young couples and buyers in their late 40s and early 50s who anticipate eventual use of the health-care facilities nearby.

    These include Khoo Teck Puat Hospital, Yishun Polyclinic and Yishun Community Hospital, which is under construction.

    North Park Residences will start from the fourth storey.

    This is to address concerns residents might have about safety amid the high shopper traffic at Northpoint Shopping Centre.

    Each tower will have its own lift, with a separate concierge and lift for visitors.

    Chestertons managing director Donald Han told the briefing that prices at other integrated residential projects - including The Centris in Jurong Point, Bedok Residences and The Hillier - have held up better than those at nearby projects.

    PropNex Realty chief executive officer Mohd Ismail said integrated developments would be able to weather downturns in the property market due to continued rental demand.

    The most recent project by Frasers Centrepoint Homes, RiverTrees Residences, has sold 67 per cent of its units at an average price of $1,050 per sq ft since launching a year ago.

    "There is demand for good properties and good investment opportunities... at the right price," said Mr Cheang.

    Units are expected to go on sale at the end of this month.

    [email protected]

  19. #19
    Join Date
    Sep 2014
    Posts
    650

    Default

    http://business.asiaone.com/news/fra...ject-end-march

    Frasers to start selling condos in Yishun project at end-March
    Lynette Khoo
    The Business Times
    Wednesday, Mar 11, 2015

    North Park Residences, Frasers Centrepoint Ltd's (FCL) newest condominium project in Yishun, is slated to begin sales at the end of this month, with a preview starting this weekend for buyers to express interest through placement of cheques.

    Property consultants said they are expecting residential projects within integrated developments to outperform pure residential projects.

    With more than half of the units being one to two bedders starting from 431 sq ft and the rest being three to five-bedroom units, the 920-unit project is targeting both investors and owner-occupiers, said Cheang Kok Kheong, FCL's CEO of development and property.

    FCL is likely to initially release half of the total units for the project, which is marketed by PropNex and Huttons.

    PropNex chief executive Mohamed Ismail said there is an estimated 30 per cent price premium associated with such integrated projects with a retail component and seamless underground access to a transport hub given that its construction costs are about 30 per cent higher than a pure residential project.

    But the higher costs will eventually trickle down to higher yields and capital appreciation, which is why buyers are willing to fork out that premium, Mr Ismail said.

    "All capital appreciation is a by-product of rental yield from an investment perspective."

    North Park Residences is part of Northpoint City, the largest integrated development in the north of Singapore slated to complete in 2018. Northpoint City will also have over 500 retail shops and F&B outlets and covered walkways to an integrated transport hub comprising a new air-conditioned bus interchange and the existing Yishun MRT station.

    FCL is integrating the existing Northpoint Shopping Centre with the new development, which has a total gross floor area of about 1.33 million sq ft in Yishun Central.

    Mr Cheang said the developer has given due consideration for security given the high footfall of FCL's malls. Access to lift lobbies are private and secure, while the residents' carpark on the third floor is exclusive and separate from that of the mall. Residential units, which start from level 4, are also served by a main concierge lobby.

    North Park Residences is in close proximity to the medical hub of Singapore's northern region comprising Khoo Teck Puat Hospital and community healthcare facilities, he said.

    Donald Han, managing director of Chestertons, is expecting overall private residential prices to moderate up to 5 per cent this year amid interest rates normalisation and mounting supply of newly completed homes. But suburban projects near MRT, amenities, and retail centres will be "fairly resilient and may outperform the rest of the market", he said.

    Suburban non-landed residential projects turned out to be more resilient last year amid falling prices, with the Outside Central Region (OCR) marking a smaller price decline of 2.2 per cent, compared to a 4.1 per cent fall in the Core Central Region (CCR) and a 5.3 per cent drop in the Rest of Central Region (RCR).

    Looking at the performance of a few integrated residential developments like The Centris, Bedok Residences, The Hillier and Nine Residences, Mr Han said that these integrated residential developments garnered higher per square foot (psf) pricing than pure residential projects in their respective localities. These projects also saw an uptick in median prices in the first quarter.

    For pure residential project RiverTrees Residences at Sengkang, FCL sold 67 per cent out of a total 495 units, as the group has been "pricing it at the right price", Mr Cheang said. Caveats lodged show a median price of around S$1,100 psf since the launch.

    Mr Ismail noted that many prospective buyers are holding back their decision for fear that prices would drop further, but selected projects still do well. "We disqualify ourselves from selling some products because we know we will be hitting against the wall," he said. "In this current market, it is a buyers' market."

  20. #20
    Join Date
    Dec 2014
    Posts
    27

    Default

    Hmmm , 30% pricing premium . That means 1300 psf ? Cos symphony suites is 1000 psf 😄

  21. #21
    Join Date
    Sep 2014
    Posts
    44

    Default

    Quote Originally Posted by 5littlecow View Post
    Hmmm , 30% pricing premium . That means 1300 psf ? Cos symphony suites is 1000 psf 😄
    For larger units $1300 possible but smaller units I doubt.

  22. #22
    Join Date
    Sep 2014
    Posts
    650

    Default

    Quote Originally Posted by Wendywendy View Post
    For larger units $1300 possible but smaller units I doubt.
    yup. agree totally. larger units. low floor.

  23. #23
    Join Date
    Dec 2014
    Posts
    27

    Default

    Quote Originally Posted by MrTan View Post
    Showflat opening soon in early March

    Unit Types
    1BR & 1+Study 431-560 sqft 190 units
    2BR & 2BR Premium 624-732 sqft 280 units
    2BR & 3BR TRIO 635-967 sqft 110 units
    3BR & 3BR Premium 829-1001 sqft 200 units
    4BR & 4BR Premium 1098-1206 sqft 120 units
    5BR 1432 sqft 20 units
    Got the preview price list from an agent !

    Prices for early birds phase one

    🔺Studio: $612K - $661K
    🔺1+Study: $758K - $843K
    🔺2BR (Type B1): $840K - $947K
    🔺2BR TRIO: $846K - $951K
    🔺2BR Deluxe: $920K - $1.082M
    🔺3BR (Type C1 to C3): $1.049M - $1.222M
    🔺3BR TRIO: $1.24M - $1.326M
    🔺3BR Deluxe (Type C4/C4a): $1.235M - $1.37M
    🔺3BR + Universal: $1.372M - $1.485M
    🔺4BR: $1.496M - $1.603M
    🔺5BR: $1.79M - $1.898M

  24. #24
    Join Date
    Dec 2014
    Posts
    27

    Default

    Show flat opens today ! 14 March 2015

    🔺Studio:$612K-$661K(1423-1537 PSF) 100 units
    🔺1+Study: $758K - $843K(1380-1535 PSF) 90 units
    🔺2BR (Type B1): $840K - $947K (1356-1518 PSF) 40 units
    🔺2BR TRIO: $846K - $951K (1332 - 1498 PSF) 70 units
    🔺2BR Deluxe: $920K - $1.082M (1257-1478 PSF) 240 units
    🔺3BR (Type C1 to C3): $1.049M - $1.222M (1265-1474 PSF) 120 units
    🔺3BR TRIO: $1.24M - $1.326M (1280 - 1368 PSF) 40 units
    🔺3BR Deluxe (Type C4/C4a): $1.235M - $1.37M (1234 - 1369 PSF ) 80 units
    🔺3BR + Universal: $1.372M - $1.485M ( 1250 - 1352 PSF ) 70 units
    🔺4BR: $1.496M - $1.603M (1240 - 1327 PSF) 50 units
    🔺5BR: $1.79M - $1.898M (1251 - 1326 PSF ) 20 units
    Last edited by 5littlecow; 14-03-15 at 09:12.

  25. #25
    Join Date
    Sep 2014
    Posts
    650

    Default

    Quote Originally Posted by 5littlecow View Post
    Show flat opens today ! 14 March 2015

    🔺Studio:$612K-$661K(1423-1537 PSF) 100 units
    🔺1+Study: $758K - $843K(1380-1535 PSF) 90 units
    🔺2BR (Type B1): $840K - $947K (1356-1518 PSF) 40 units
    🔺2BR TRIO: $846K - $951K (1332 - 1498 PSF) 70 units
    🔺2BR Deluxe: $920K - $1.082M (1257-1478 PSF) 240 units
    🔺3BR (Type C1 to C3): $1.049M - $1.222M (1265-1474 PSF) 120 units
    🔺3BR TRIO: $1.24M - $1.326M (1280 - 1368 PSF) 40 units
    🔺3BR Deluxe (Type C4/C4a): $1.235M - $1.37M (1234 - 1369 PSF ) 80 units
    🔺3BR + Universal: $1.372M - $1.485M ( 1250 - 1352 PSF ) 70 units
    🔺4BR: $1.496M - $1.603M (1240 - 1327 PSF) 50 units
    🔺5BR: $1.79M - $1.898M (1251 - 1326 PSF ) 20 units
    So u going to buy? NPR? SS? 9R? 4R?

  26. #26
    Join Date
    Dec 2014
    Posts
    27

    Default

    Quote Originally Posted by MrTan View Post
    So u going to buy? NPR? SS? 9R? 4R?
    What do u think of NPR pricing ? Reasonable ?

  27. #27
    Join Date
    Sep 2014
    Posts
    650

    Default

    Quote Originally Posted by 5littlecow View Post
    What do u think of NPR pricing ? Reasonable ?
    As expected. Anyway, beauty lies in the eyes of the beholder.

  28. #28
    Join Date
    Jan 2009
    Posts
    2,141

    Default

    Looks cheap for an integrated development, if there is no LTV/ABSD limitation, will have bought 1 to keep.

  29. #29
    Join Date
    Sep 2014
    Posts
    650

    Default

    Quote Originally Posted by Allthepies View Post
    Looks cheap for an integrated development, if there is no LTV/ABSD limitation, will have bought 1 to keep.
    Cheap? Hhhmmm... assume no LTV/absd limitation, which bedder will u buy? Own stay or rental?

  30. #30
    Join Date
    Sep 2014
    Posts
    44

    Default

    Quote Originally Posted by MrTan View Post
    Cheap? Hhhmmm... assume no LTV/absd limitation, which bedder will u buy? Own stay or rental?
    I think the pricing is valid for the lower floors like 5-7???
    Sqm of the units are smaller so prices seems easier for the wallet.

    If I missed 9R, I would buy NPR.
    If I win Toto on Monday. Group 1. Also will buy. Lol

Similar Threads

  1. The Garden Residences @ Serangoon North Ave 1
    By Arcachon in forum North East
    Replies: 182
    -: 26-06-21, 18:03
  2. One North Gateway residences
    By rsbeginner in forum Marketplace
    Replies: 2
    -: 11-09-20, 19:46
  3. Frasers Centrepoint guns for big North Park launch
    By reporter2 in forum Singapore Private Condominium Property Discussion and News
    Replies: 0
    -: 13-04-15, 15:47
  4. Weekend preview of North Park homes
    By reporter2 in forum Singapore Private Condominium Property Discussion and News
    Replies: 0
    -: 18-03-15, 18:08
  5. Over 80% of One North Residences sold in 3 days
    By mr funny in forum Singapore Private Condominium Property Discussion and News
    Replies: 0
    -: 09-03-07, 11:05

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •