Originally Posted by
DW
Recently, I went to view a unit at Resi@ Evelyn and was most keen on it. I must say, as of now, I really like this unit quite a fair bit. This said, I am rather bothered by the construction immediately in front of Resi @ Evelyn.
I would like to get guidance from people whom might be familiar with the below situation.
The view of the unit was great, facing city and marina bay area, which I have a personal perference for. That is, this is the stack (living hall facing) which faces the newton road. Immediately in front of Resi @ Evelyn, there is huge bare patch with construction works appearing to be in good progress. I noticed the piling works appears to be completed and the building of the next relevant stage would be well in process. This development in front, from what I understand is Trilight by Ho Bee.
Given its location and the unblocked view of the city and marina area, it is lilkely that the developer will plan its frontage such that the view and facing towards city/marina area will be maximise (assuming unblocked city-CBD and marina area facing is preferred). Based on the frontage and site area shape, my assessment is that Trilight is likely to completely flank off the view of Residence @ Evelyn for the units facing City and CBD area. That development is expected to be a 30 storey condonium with two block. Residences @ Evelyn is approx. just over 30+ floors.
I understand Trilight is currently not launched yet. Based on Ho Bee's website, Trilight's expected completion is likely to April 2011, two years from now.
What are your views on procuring a unit at Residences @ Evelyn, for that facing, which in what would seemed to be completely flanked off by Trilight. I must say, the view as it is now, is fantantic.
In consideration of the potential upcoming construction (noise, dust...etc) and potentially blocked out view, Resi @ EVelyn prices are likely to plunge anytime soon ?
I noted the most recent caveats at URA was done at 1118psf. I understand that was a #19 unit with balcony.
PS: Although Newton One is now completely and somewhat diagonal to Resi@Evelyn, it is not actually not posing a problem, as it is located "off" the view of Resi @ Evelyn, for this unit which has direct city-CBD and marina facing.