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Thread: Kovan Residences (D19, 99 years Leasehold, Duchess Development)

  1. #1
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    Reflections at Keppel Bay
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    Default New Condo @ Kovan Road. Booking starts now. Strictly By Appt (+65-92993342)

    Description: 8 Blocks of 17/18-storey condominium development with basement carpark & full condo facilities

    Location: 1, 1A, 3, 3A, 5, 5A, 7, 7A Kovan Road

    Tenure: 99 years (wef 31 Decemebr 2007)

    Total Units: 521

    Unit Types:
    2 bdrm
    3 bdrm
    3 bdrm+study
    4 bdrm
    4 bdrm+study
    Penthouses

    Price: Avg. S$900psf

    Expected Date of TOP: 2 October 2013

    Facilities:
    5Om Lap Pool
    Spa Pool
    Fun Pool
    Main Pool
    Dining Pavilion & Alfresco Dining Area

    Fitness Area

    Spa Pavilion
    Multi-purpose Hard Court
    Recreational Tennis Court

    Play Ground

    BBQ area
    Outdoor Cabana
    In-pool Refreshment Area
    Jogging Track
    Clubhouse
    Steam Room and Changing Room
    Sunken Gym
    Spa Pavilion


    Contact:
    Richard Sng
    ERA Singapore
    HP: +65-92993342
    Email:
    [email protected]
    Skype: richardsng
    Home Page:
    http://www.homes88.net , http://92993342.myweb.sg
    My Space: http://richardsng-era.spaces.live.com

  2. #2
    Not Newbie
    Join Date
    Jun 2008
    Posts
    293

    Default

    Kovan Residences loh....

    Any pictures or layout to share?

  3. #3

  4. #4

  5. #5
    Any complaints please PM me
    Join Date
    May 2006
    Posts
    8,129

    Default Kovan Residences (D19, 99 years Leasehold, Duchess Development)

    http://www.businesstimes.com.sg/sub/...86362,00.html?

    Published July 4, 2008

    CDL opens Livia condo at Pasir Ris for preview

    Initial units are priced at $650 psf on average; Kovan Residences launched

    By KALPANA RASHIWALA


    CITY Developments Ltd (CDL) has begun to preview its much-awaited Livia condo at Pasir Ris at an average price of about $650 psf for the initial batch of units, BT understands.

    And next to Kovan MRT Station, the 512-unit Kovan Residences is being soft launched today and the average price is said to be $870 psf. Both projects are 99-year leasehold.

    Market watchers reckon that the $650 psf average pricing for the initial phase of Livia's marketing effort is about 10 per cent lower than what the developer could have fetched 12 months ago. 'It might have been priced at $730-750 psf last year,' an industry observer suggested. The 724-unit condo is being developed at Pasir Ris Drive 1 on a plot that is part of the group's historical Pasir Ris landbank acquired decades ago.

    CDL is developing Livia jointly with Hong Leong Holdings and Hong Realty. All three companies are part of Singapore's Hong Leong Group. Livia will have a total of 10 blocks, either 15 or 16 storeys high with units ranging from two-bedroom apartments to four bedders. There are also 12 penthouses.

    Next to Kovan MRT Station, Centurion Kovan, controlled by UOB-Kay Hian stockbroker pair Han Seng Juan and David Loh Kim Kang, has been testing the waters for its 512-unit Kovan Residences. The average price is believed to be around $870 psf and industry talk is that some 20 cheques were offered to the developer after a well-attended dinner preview for Messrs Han's and Loh's stockbroking community contacts last Saturday. It is not known if options have been issued.

    'Perhaps some of the potential buyers may have found the developer's proposed price a little challenging and made their counter offers with cheques,' a market watcher suggested.

    Kovan Residences' soft launch begins today, BT understands. Officials from Centurion Kovan, part of the Duchess Development group, have not been returning BT's calls over the past few days.

    Meanwhile, the project that started the current home buying wave, Ho Bee's 99-year leasehold Dakota Residences, is said to have sold 150 units since sales began a fortnight ago.

  6. #6
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    Jun 2008
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    Default

    Quote Originally Posted by KovanResidences
    mmnn. thanks!Although I am referring to the layout of the development and the architect's rendering..

  7. #7
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    Default Kovan Residences preview sells 50

    http://www.businesstimes.com.sg/sub/...86501,00.html?

    Published July 5, 2008

    Kovan Residences preview sells 50

    Average price is $870-900 psf; buyers mostly Singaporeans


    MORE than 50 units have been sold at Kovan Residences since a private preview party last Saturday.


    Poolside ambience: Kovan Residences will have 512 apartments in eight blocks, all 18 storeys high

    The average price at the 99-year leasehold condominium next to Kovan MRT Station is between $870 per square foot (psf) and $900 psf. And the units sold so far include three penthouses that fetched about $2 million to $3 million each.

    Buyers up to now are mainly Singaporeans, most of whom have private home addresses, although a few HDB upgraders have also bought.

    'We have attracted buyers who are purchasing for their own occupation as well as for investment because of the convenient location next to an MRT station,' said Centurion Properties CEO Tony Bin, whose company is the majority shareholder of the project's developer Centurion Kovan. Lian Beng is another shareholder, with a 19 per cent stake.

    Centurion Properties is ultimately controlled by UOB-Kay Hian stockbrokers Han Seng Juan and David Loh Kim Kang.

    Last Saturday, they invited 150 business associates, friends and relatives to a private preview at the showflat, which eventually resulted in the 50-plus units being sold. Kovan Residences is also being marketed to Messrs Han and Loh's business associates in China and Hong Kong.

    The lowest-priced unit in the development is a two-bedroom apartment for just over $700,000. The most expensive is a penthouse below $4 million. Three-bedroom apartments start from $1 million.

    Kovan Residences will have 512 apartments in eight blocks, all 18 storeys high. The 16 penthouses in the development range from around 2,400-4,600 square feet and come with a private pool or a Jacuzzi. The project is being developed on a 190,000 sq ft site bought in a state tender in October last year for $436 psf per plot ratio.

    Another new project being offered this weekend is Livia at Pasir Ris Drive 1. The average price is said to be $650 psf.

  8. #8
    Curious
    Guest

    Default

    How did this project do over the weekend?

  9. #9
    easy
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    Default

    sorry can only email cos dunno where's the attach icon.. leave behind yr email and i'll forward ... if you're living in the neighbourhood, do pop over for a visit, it's worth your trip to see the quality work put in developers' team..

  10. #10
    Curious
    Guest

    Default

    Quote Originally Posted by Curious
    How did this project do over the weekend?
    Anyone knows?

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