Originally Posted by fiat500
The surrounding area all selling at higher prices.... and not as close to East Coast to get partial seaview.
Newbie
The surrounding area all selling at higher prices.... and not as close to East Coast to get partial seaview.
Junior
More important is the layout of your unit and also the orientation of it..
Of coz having sea view would be good but it is secondary.
Newbie
Strangely, 16@Amber is quite quiet and FEO projects "The Cape" and "Silversea" as well as the Chinese Swimming Club is ramping up quite a far bit.... Very soon, the construction along Amber Road will be left with The Cape and 16@Amber. What else can we expect from East Coast area near Paramount and opp Parkway Parade....
Nearby projects such as "The SHORE" and "MODA" once completed, will add a lot of people in that vicinity... and perhaps more car traffic and pollution too... need more trees and greenery...
Newbie
Any updates on Aristo? Anyone sneak in to take a peep at the actual unit? And what's the comments after that? Hope it will TOP soon!
Junior
I noted the balcony is very big
Newbie
Yes, big enough to have dining table placed outside the balcony. Isn't it nice to have outdoor dining?
Newbie
Any recent transactions done for Aristo? Wonder if the price will creep up after TOP.
tweet @condoexchange
Hows this for lousy selling price.
THE ARISTO @ AMBER AMBER ROAD Apartment 1 839,000 603 Strata 1,392 Aug-12
Newbie
It's probably the buyer who got the special deal!!!!
Newbie
This is a tiny duplex unit on the 2nd floor facing head-to-head (5 metres apart) with the old conservation bungalow and roadside. Obviously it has no views. Its also just behind the mechanical carpark so imagine the noise from the machine just behind this unit. Yet it is still transacted at close to $1400psf. So this is probably the lowest threshold u can ever get for Aristo.
U guys can forget the idea of getting a high floor seaview unit for less than $1600psf. There is only 1 seller now willing to sell below that price now. Grab it while u can cause once this development TOP, price will definitely creep up fast just like other developments or perhaps faster. Once the desperate sellers are gone, the desperate buyers will come in.
The Aristo is a rare gem after I got the chance to go up to the unit and see the seaview and the furnishings. It is the only condo with a seaview clubhouse on the 14th floor. Can u tell me any other similar developments like it in Singapore ??? Not only that, it is so conveniently located to bus stops, shopping malls, eating places, the beach (cross over underground tunnel) and a loadful of facilities offered by Chinese Swimming Club just across it. Not forgetting this is a freehold development. And the furnishings are superb with natural white marble in living and dining, and marble and duravit accessories in both bathrooms, and solid teak flooring for bedrooms.
Not only that, the conservation house will come out beautifully as the main entrance to this posh nicely designed building. I am not hyping up this development but I am merely stating the facts. This conservation house has a 100 year old history with a well-known architect behind it, John Bidwell, the same person who did Raffles Hotel, Goodwood Park Hotel and the National Theatre Building. So a million dollar history deserves a million dollar price and value. Ultimately, people will see it once this project completed.
And by the time u guys realise it, it will be too late. My bet that Aristo will cross $2000psf still holds. Just watch for it.
Newbie
Surrounding projects like where ?? The Cape, 16@Amber ?? Dont be silly these developments just along the same road as The Aristo are all asking much higher prices psf and they are neither as good as The Aristo in terms of location and seaview. Facts will eventually unfold once all these developments TOP. Buyers have eyes to see and make a fair judgment eventually. Actual unit is small so as those units at The Cape and 16@Amber but u are paying the price for a small unit. For eg. $1.04 million for a 646 sq.ft...can u expect to pay $1 million for a 1000 sq.ft freehold in Amber ??? Be logical when u make a conclusion.
U cant compare The Aristo with further away developments like One Amber or The Esta as they dont offer much of seaviews and location wise not as good. Its fair to compare same road area development. The Aristo is located just beside The Cape and 16@Amber is along the same road further down. Soon Sonongol Construction will launch its new condo at the enbloc Amber Towers also located along the same road early next year and see for yrself what kind of psf they will be asking. They bought the land at $1450psf and to breakeven they need to sell above $1800psf. So $2000psf or more is more like it.
Next year the government will announce the ERL MRT line. This will push up the condo prices especially The Aristo and the condos nearby it.
Newbie
Welcome back Shawn!!!! You are voted as the most avid supporter of Aristo. Any news of when the project will TOP?
Leeds
Amber Towers was sold en bloc for $1180 psf ppr. The breakeven is about $1550 psf. Heard that the developer is leasing out the units instead of redeveloping the site because current price could not support the high price they paid for the land. The fact that developers are leasing out units they bought en bloc including Amber Glades and Amber Towers said so much their confidence of prices going forward.
Junior
All the salesman talk again!
Newbie
Yeah saleman talk. One unit on low floor just transacted.
710 sq.ft at $1,070,000 ($1506 psf) on a low floor (6-10 floor)
I am currently negotiating with a buyer for a mid-high floor 807 sq.ft unit for $1.35 million i.e. at $1,670psf. Buyer wants $1.33 but owner persistently want to stick at $1.35 million.
Talking about salesman talk, I am no saleman but an honest agent for many years. I am merely stating facts. You guys are still in your dreamworld i believe.
Newbie
Amber Towers were sold enbloc at a psf per plot price of $1441. Please dont misrepresent data. To breakeven they need to sell at $1800psf the least. And probably the selling price will be way above $2100psf.
They leasing out units ?? With such a rundown apartment ?? Please dont spill bullshit here. They already put up notice board around the enbloc area 'Sonongol Land - luxurious units coming your way' or something along that line. Go visit the actual site.
Its a shame there's a lot of liars here in this board.
Newbie
Quote I correcting myself $1441psf is the price owner get for their unit psf. I.e. how much Sonongol paid for the rundown units. The one u quoted at $1118psf is per plot ratio i.e. the development land cost of each new unit without including other costs incurred like construction, furnishes etc for each unit. Hope this clears the misunderstanding. As such, developer confirm need to sell above $2000psf to make money.
Newbie
TOP end of this year or very early next year. Now they are finishing up the conservation house and the main entrance (flooring and road etc). The rest are almost done.
Newbie
Actually hope to move in before Chrismas this yr but doubt its possible. Now if can move in before Chinese New Year next year will be happy already. This is something bad on this developer, take so long to construct a building, will try to avoid this deveoper for future purchase consideration, though quality is good.
Newbie
Doufei, how do you know quality is good? Cannot really comment until key is collected and inspection done. Anyone went up recently?
Newbie
I do not have a chance to look at the interior yet. I assume quality should be good based on shawn's comments.
QUOTE=Newbie23]Doufei, how do you know quality is good? Cannot really comment until key is collected and inspection done. Anyone went up recently?[/QUOTE]
Junior
U sure quality is good? Better check thoroughly when u collect yr keys cos something is not right with this developer! U dont need 4yrs+ to construct a lone single tower of 56units only..
Better still,sell it off fast n buy those surrounding projects..
As u can see,that salesman here is trying very hard to promote this peoject which makes it even more less convincing...
Newbie
There are many reasons for the delay and according to the eBrochure, it is supposed to be TOP on 31 Dec 2013. So it is technically ahead of schedule!
Junior
In every brochure of every project, the top date will b very far down the road,i m sure u are aware.. developers do that to safeguard themselves!
but do u need 4yrs+ to build a tower of only 17 floors?
Newbie
By your reasoning, the price of Aristo units with seaview should be higher than units in One Amber and The seaview?
Newbie
Think TOP still a few months to go... sian!
Junior
THE ARISTO @ AMBER 23 Amber Road #04-02 1 75 Strata 1,180,000 15733 1462 23-AUG-2012 Apartment Freehold Uncompleted Sub Sale HDB 15 43 439871 Central Region Marine Par
Newbie
Dear Residence,
We are please to share our services to the residents here.
Pls refer to attach image for more information or visit www.floorxpert.com.
We look forward for your support.
Thank you
Regards
Lena Lim
Floor Xpert
Junior
This project is good for your business..
Every unit has plenty of planter boxes for u to patch up...
Newbie
Bulk discount?This project is good for your business..
Every unit has plenty of planter boxes for u to patch up...
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