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Thread: Kassia (D17, Freehold, Hong Leong/CDL/TID)

  1. #1
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    Jul 2013
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    Thumbs up Kassia (D17, Freehold, Hong Leong/CDL/TID)

    Kassia Flora Drive Residences enjoy a prime location within the serene Kassia neighborhood in District 17 of Singapore. This development comprises 280 residential units, spread across a spacious 150,840 square foot plot. The units offer versatile configurations, ranging from one to four bedrooms, with each featuring a dedicated study area. The living areas are thoughtfully designed to accommodate various lifestyles.

    Residents of Kassia Condominium have access to a comprehensive suite of amenities, including a swimming pool, a sky terrace, and an indoor gym. The peaceful garden setting adds to the overall lifestyle experience, creating a tranquil and harmonious environment.

    Feel free to connect with our amiable Sales Representative, Andy Goh ERA, to obtain a wealth of valuable information and insights.

  2. #2
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    Jun 2009
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    Default Kassia Condo District 17

    Kassia Condo is well-situated in a peaceful neighbourhood off Kassia, District 17 of Singapore. The residence will feature 280 residential units on a 150,840 sq ft plot in various configurations ranging from one to four bedrooms. Every unit has a study area, and the living area is spacious and accommodating for all living styles.

    Residents of the Kassia Condominium have access to a full range of services, including a swimming pool, sky terrace, and indoor gym. The tranquil garden complements the overall lifestyle theme.

    Kassia Condo is just a few minutes walk from Pasir Ris East MRT and within easy reach of Tampines East MRT. With the East Coast Expressway, Pan Island Expressway, and East Coast Expressway nearby, travelling throughout Singapore is a breeze.

    Life at Kassia Condo has a lot to offer. You’ll find a range of amenities closeby, from dining and shopping to entertainment. Kassia Condo is close to reputable schools like Ngee Ann High School and supermarkets like Cold Storage and NTUC Fairprice.

    Tripartite Developers, a consortium of real estate giants CDL, HLHL, and TID, is the developer behind Kassia Condo. Since its establishment in 1968, the firm has built a strong reputation for quality housing across Singapore. Among its portfolio are The Inflora, The Gale, and Ferraria Park. With Kassia Condo on the way, residents can look forward to quality living spaces.
    The Best Time to buy Property is Yesterday.
    If you lose Money it because you sell on a wrong Day.

    https://wa.me/6587821025

    https://r057844h.propnex.net/

    You don't Buy others will Buy.
    You don't Sell, others will Sell.

  3. #3
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    Aug 2020
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    2,145

    Default Re: Kassia (D17, Freehold, Hong Leong/CDL/TID)

    Hong Leong previews freehold Kassia - the final project in Flora Drive – at prices from $883,000

    July 4, 2024

    On July 6, Hong Leong Holdings will preview Kassia, its final development in Flora Drive, off Upper Changi Road North, with the sales to start on July 20.

    The 276-unit, freehold condo is the final phase in the Flora Drive-Flora Road private residential enclave, which was first launched three decades ago by Tripartite Developers, a joint venture between Hong Leong Holdings, City Developments Ltd (CDL), and TID (a joint venture between Hong Leong Holdings and Mitsui Fudosan).

    Given that it's in the Flora Drive-Flora Road enclave, the condos have floral-inspired names and were launched alphabetically. It started with the 316-unit, 999-year leasehold Azalea Park, which was launched in the mid-1990s, followed by the 365-unit Ballota Park, the 528-unit Carissa Park, the 299-unit Dahlia Park, the 517-unit Edelweiss Park, the 475-unit Ferraria Park, the 329-unit The Gale, the 501-unit Hedges Park, the 396-unit The Inflora, and the 428-unit The Jovell.

    Including Kassia, Tripartite Developers would have developed 11 private condos with 4,430 units in the entire Flora Drive-Flora Road enclave.

    The last project launched in the neighbourhood was the 99-year leasehold, The Jovell, in September 2018. It was entirely sold and completed in 2022. The latest transaction was for a 904 sq ft, three-bedroom unit that changed hands for $1.339 million ($1,481 psf), based on a caveat in May.

    The freehold Kassia will have four 8-storey blocks on a 150,839 sq ft site. The development has a mix of one- to four-bedroom units, with sizes starting from 473 sq ft to 1,345 sq ft.

    Prices start from $883,000 ($1,867 psf) for a 473 sq ft, one-bedroom unit, $1.196 million ($1,823 psf) for a two-bedder of 656 sq ft, $1.659 million ($1,835 psf) for a 904 sq ft three-bedder and $2.462 million($1,830 psf) for a four-bedder.

    The project is expected to obtain its Temporary Occupation Permit (TOP) in November 2027. Over the years, the area has developed into a desirable residential enclave, especially for those working in employment clusters in the east, such as Changi Business Park, Changi Airport and the Airport Logistics Park. It's also near the Singapore Expo, Changi Village, Changi Beach Park and the new Komo Shoppes.

    Schools in the area include St Hilda's Primary School, Temasek Polytechnic, Singapore University of Technology and Design, and the Japanese School.

    According to Hong Leong, Kassia is within a bus ride of seven MRT stations: Tampines East and Upper Changi on the Downtown Line; Pasir Ris, Tampines, and Expo on the East-West Line; and the upcoming Pasir Ris East and Loyang on the Cross-Island Line, which is expected to be ready in 2030. "We believe the new transportation infrastructure and our competitive pricing will attract buyers who value the project's attributes," says Betsy Chng, head of sales and marketing at Hong Leong Holdings.

    More at: https://www.edgeprop.sg/property-new...-prices-883000

  4. #4
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    Aug 2020
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    Default Re: Kassia (D17, Freehold, Hong Leong/CDL/TID)

    Hong Leong’s Kassia sells 52% of 276 units on launch weekend; prices between S$1,821 and S$2,177 psf

    Industry watchers cite the ‘attractive’ prices of the freehold development and connectivity to key business hubs and schools in the east among factors for the strong sales

    Jul 21, 2024

    FREEHOLD condominium project Kassia sold 52 per cent of its 276 residential units on its launch weekend, with prices ranging between S$1,821 and S$2,177 per square foot (psf).

    The development, which comprises four blocks of eight storeys, occupies a site area of 150,838 sq ft in District 17 off Upper Changi Road North.

    Kassia’s one- and two-bedroom units were the most popular on the launch weekend, said Hong Leong Holdings on Sunday (Jul 21). Its apartments are priced from S$883,000 for a one-bedder (473 sq ft), S$1.196 million for a two-bedder (656 sq ft), S$1.659 million for a three-bedder (904 sq ft), and S$2.462 million for a four-bedder (1,345 sq ft).

    About 90 per cent of the buyers were Singaporeans, while permanent residents made up the rest. The project is estimated to obtain its temporary occupation permit in 2027.

    Industry watchers cited Kassia’s comparatively “attractive” prices for a freehold project and connectivity to key business hubs and schools in the east among factors for its strong sales launch, amid a cooling primary market.

    Nicholas Mak, chief research officer of Mogul.sg, noted that Kassia’s take-up rate in its first weekend of sales was the highest compared with other residential launches in the past three months. It could “provide the stimulus needed to boost sales in the residential primary market”.

    “The mediocre take-up rate of other recent residential launches has caused some developers to hold back their launches and wait for a more opportune time to launch,” he said.

    “The strong take-up rate of the launch of Kassia could be the starter gun to herald the crescendo of project launches for the rest of this year.”

    He added that Kassia’s healthy sales illustrate how homebuyers are price-sensitive, and will gravitate towards freehold residential launches with units they perceive to offer value for money.

    PropNex chief executive officer Ismail Gafoor said: “Following the first half of 2024 that was marked by relatively placid new home sales, the strong performance at Kassia is like a breath of fresh air and will hopefully generate a little more buzz in the market.”

    He added that this may encourage prospective buyers to begin evaluating their real estate needs ahead of more impending launches in the second half of 2024. The US Federal Reserve’s expected rate cuts in September could also “possibly help to shore up market confidence in the months ahead”.

    ERA Singapore CEO Marcus Chu said Kassia’s take-up rate was “well within expectations”, with units priced up to S$1.5 million hitting “the sweet spot” among today’s homebuyers.

    He noted that homebuyers were mostly in their 30s and 40s, with a fair mix of owner-occupiers and investors. Kassia’s starting price of S$883,000 for a unit within a freehold project in District 17 is also attractive, he added.

    “For now, units priced up to S$1.5 million are considered by homebuyers and investors to be more prudent options as the higher-for-longer interest rates and elevated Additional Buyer’s Stamp Duty continue to be key considerations.”

    Likewise, Huttons Asia CEO Mark Yip said that buyers were drawn to Kassia’s “tranquil living environment, freehold tenure and attractive entry prices”, adding: “Buyers would have to travel back to pre-Covid times to find a freehold one-bedroom unit priced from S$883,000.”

    He pointed out that there has not been a launch of a 999-year or freehold major non-landed residential project in the Outside Central Region (OCR) since 2021, which makes Kassia a “rare” find.

    Even as buyers scooped up almost 70 per cent of Kassia’s one-bedroom and one-bedroom plus study units, he noted that the supply of one-bedroom units has dwindled since the Urban Redevelopment Authority implemented a minimum dwelling size in 2018.

    Highlighting the limited number of freehold new launches in the OCR that are medium-sized projects, PropNex’s Gafoor said: “Kassia presents a buying opportunity for those who are looking for a new freehold home, but are not keen on boutique developments, which tend to have fewer than 100 units in the project.”

    Kassia is the final launch in a cluster of private condos within the Flora Drive-Flora Road enclave by joint venture Tripartite Developers, comprising Hong Leong Holdings, City Developments Ltd and TID. The other completed projects in the neighbourhood include Azalea Park, Ballota Park, Carissa Park, Dahlia Park, Edelweiss Park, Ferraria Park, The Gale, Hedges Park, The Inflora and The Jovell.

    https://www.businesstimes.com.sg/pro...-and-s2177-psf

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