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Thread: The Arte @ Thomson (D12, Freehold, CDL)

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    Default The Arte @ Thomson (D12, Freehold, CDL)

    Launching Soon! Watch out for updates.
    Last edited by richardsng_era; 01-08-08 at 17:19.

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    Is this the 3 previously en bloc properties joined together? Steady lah.

    CDL even promoted it as being the new premier residential location of Singapore. Yeah until the buyers see the short time hotels lining Balestier Rd.

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    http://www.businesstimes.com.sg/sub/...92349,00.html?

    August 14, 2008, 1.55 pm (Singapore time)

    CityDev plans to launch 400 pte homes in 2H2008

    By KALPANA RASHIWALA


    City Developments said on Thursday that it plans to launch 400 private homes in Singapore in the second half of this year, subject to market conditions.

    The 400 units comprise 200 units in the second phase of Livia, a 99-year leasehold condo in Pasir Ris, and 100 units each at The Arte at Thomson and The Quayside Collection at Sentosa Cove.

    At a second quarter results briefing on Thursday, the group also said it has achieved average prices of S$1,500 to S$1,600 per square foot for Shelford Suites and S$650-670 per square foot for the first phase of Livia.

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    http://www.businesstimes.com.sg/sub/...94318,00.html?

    Published August 28, 2008

    Developers weigh odds for launches after Ghost Month

    Some may want to test market now rather than risk deterioration in sentiment

    By KALPANA RASHIWALA


    (SINGAPORE) Some developers have been quietly oiling their launch machinery in the past few weeks as they get ready for previews and launches, especially with the Hungry Ghosts Month ending this Saturday.


    Boulevard Vue's facade will be designed by well-known Japanese interior designer Super Potato. The freehold project's 26 apartments (one per floor) are about 4,500 sq ft each, while the two duplex penthouses occupying the top four levels are 8,000-plus sq ft and 11,000-plus sq ft.

    With the property outlook expected to worsen before it gets better, there may just be an incentive for some to launch their projects sooner - or wait it out till late-2009/2010, a seasoned property consultant told BT.

    Another consultant, Knight Frank executive director Peter Ow, said: 'Whatever name you call it - preview, private invitation, etc, the aim is for developers to test the market. If the response is sufficient at the price they want, they'll begin sales. If the response isn't up to what they want, they won't sell. As a developer, you don't want to risk launching a project, selling a few units and getting stuck.'

    Projects that have begun to be previewed this month include Far East Organization's 85-unit freehold Miro at the corner of Lincoln and Keng Lee roads (at an average $1,600 per square foot) and a 54-unit cluster housing project at Greenwood Avenue. Units in the 103-year leasehold development range from 3,000 to 3,700 sq ft.

    Over at Nathan Road, Tat Aik Group has been inviting potential buyers to view Nathan Residences, a 91-unit freehold project priced at around $2,000 psf on average.

    Keppel Land is also expected to release this weekend in Hong Kong and Singapore about 30-40 units under the next phase of Reflections at Keppel Bay.

    The average price is expected to be similar to the earlier phase launched around April last year, at about $1,800 to $2,000 psf. Deferred payment is expected to continue to be offered.

    Hong Fok Corporation's 360-unit Concourse Skyline apartments at Beach Road, KepLand's 56-unit freehold Madision Residence near the junction of Bukit Timah and Keng Chin roads, and City Developments Ltd's The Arte at Thomson are understood to be other projects that could hit the market soon.

    In the high-end segment - where sentiment is weakest - Far East Organization, which has already sold two units at its 28-unit luxury development Boulevard Vue at Cuscaden Road, opened its showflat for the project recently and is expected to step up marketing activity.

    The project's 26 apartments (one per floor) are about 4,500 sq ft each, while the two duplex penthouses occupying the top four levels are 8,000-plus sq ft and 11,000-plus sq ft. Prices for low- and mid-level units in the 33-storey freehold project range from $3,600 psf to $3,900 psf.

    BT understands the price tag for the bigger penthouse will likely be around the $4,500 psf mark, working out to an absolute sum of about $50 million. If achieved, the absolute amount would set a new record for a penthouse in Singapore.

    Boulevard Vue's facade will be designed by well-known Japanese interior designer Super Potato. BT understands that the unit layouts will be customised to buyers' preference.

    A critical factor affecting developers' launch decisions is pricing, given the bearish sentiment.

    'Pricing will be more realistic for fresh launches, but for projects released earlier, it would be difficult for established developers to trim prices without upsetting earlier buyers, especially VIPs,' the seasoned property consultant said.

    Agreeing, Jones Lang LaSalle Singapore's residential head Jacqueline Wong said: 'Such developers may just hold the remaining units in the project if necessary and have another shot at selling them upon the project's completion. For new projects too, the financially stronger players can hold off developing for a while.

    'However, developers who are fairly new or need the cashflow will have to be realistic in their pricing and will be more amenable to negotiating with buyers.'

    Another industry observer said that instead of outright price cuts, it may be easier for developers to attract new buyers into existing projects by offering furnishing vouchers, guaranteed yields (for newly completed projects) or arranging for attractive mortgage packages.

    A mid-sized developer said: 'We have to accept the fact that prices have to be marked to market; otherwise we can't sell enough units to generate the required cashflow. For sites bought within the past 12 months, developers would need to sell at least 50 per cent of the development to generate sufficient cashflow to finance the project's construction - taking into account high land price paid and rising construction costs, among other factors.'

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    Default The Arte @ Thomson (D.11, Freehold, CDL)

    The ARTE @ Thomson Road
    by City Developments Limited (CDL)





    Launching Mid of March. Estimated from $9xxpsf up!!



    Twin Iconic Tower soaring 36 storey high along Thomson Road
    Comprising of 336 Luxurious Units


    UNIT TYPES
    2 Bedrooms 1,055sqft - (54 units)
    3 Bedrooms 1,399sqft to 1,625sqft - (164 units)
    4 Bedrooms 1,873sqft - (100 units)
    Sky Suites 2,896sqft - (8 units)
    Sky Villas 2,616sqft to 4,015sqft - (10 units)


    FULL CONDOMINIUM RECREATIONAL FACILITIES
    Guard House, Guard Post, Sculpture Plaza, Arrival Plaza,
    Reflective Pool, Water Court Garden, Eco Pond, Workout Station,
    Children Playground, Tennis Court, Party Lawn, Grill Garden,
    Clubhouse, Party Deck, Outdoor Lounge, 50m Lap Pool,
    Children Play Pool, Sun Deck, Cabanas Pool Deck, Steam Baths,
    Work-Out Room, Yoga Court, Reflexology Walk, Garden Walk, Jogging Track.


    SELLING POINTS
    Designed by award architect firm, SCDA. Portfolio include The Ladyhill, Lincoln Modern etc
    Facing City SkyLine, McRitchie Reservoir & Singapore Polo Club.
    Within 1km from CHIJ Toa Payoh.
    Close proximity to SJI Institure, Catholic JC, Anglo Chinese School, Curtin University, Queens Margaret University Asia Campus.
    Dual exit to Thomson Road and Balestier Road
    Easy access to Toa Payoh, Novena MRT, Novena Square, United Square.
    Minutes Drive to Orchard / CBD
    CDL is renowned for their Quality Finishings


    Please register early for Preview Launch to secure choice units.

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    Is Arte considered Thomson or Balestier? to get into jln raja udang where it is located one must drive along balestier road. the other end of the development is bordered by the PIE

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    drove past it today. Should be considered balestier ~

    at exit (jln datoh to balestier rd) got building under construction... probably a shopping mall

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    lol then that makes metropolitan closer to orchard than Arte is.

    'close to ACS' - a little misleading, it's over 2km away by road

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    Quote Originally Posted by gfoo
    lol then that makes metropolitan closer to orchard than Arte is.

    'close to ACS' - a little misleading, it's over 2km away by road

    it also feels congested.. balestier itself traffic is always heavy. jln datoh itself is a 1-way street, next time coming out may be problematic...

    Also Far East has a project coming up, right next to Arte, think not launched yet.

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    why does it seem to me that the marketing integrity of developers was thrown out of the window since 2006, and in 2008, plunged right into the depths of hell?

    sheesh

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    Quote Originally Posted by gfoo
    why does it seem to me that the marketing integrity of developers was thrown out of the window since 2006, and in 2008, plunged right into the depths of hell?

    sheesh
    strange, looks like there is an ACS Pri smack in the vicinity according to the map here... http://www.virtualhomes.sg/casafortuna

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    lol they are purposely using old maps. ACPS was at ah hood only from 1998 to 2002 during the renovation of the barket campus.


    acps/acs barker is at barker road directly opp balmoral. from arte/ah hood, you would have to go down balestier rd, go down thomson road, down novena, down newton, go round the circle, and get on bukit timah, u turn, and reach barker. that's over 2 clicks by car, and about 10 minutes by car (5 traffic lights). with the balestier/thomson, and newton congestion in the morning, that's at least half an hour in the mornings

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    wah piang! old map, no wonder ~
    ya the acs i know is at barker rd

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    ACS Junior is at Peck Hay Rd. Go round Newton Circle, exit at Clemenceau Ave North, turn right into Peck Hay. Shorter distance than Barker!

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    who want to stay at ah hood road

    hood here hood there

    stupid lah

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    900+++psf.... I am beginning to wonder if there is an economic crisis in the 1st place. Prices goes up during boom times but never seemed to come down to pre-boom prices. The Singapore economy really confuses me.

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    Quote Originally Posted by fire
    900+++psf.... I am beginning to wonder if there is an economic crisis in the 1st place. Prices goes up during boom times but never seemed to come down to pre-boom prices. The Singapore economy really confuses me.
    like i said ...it would take a while to come close to pre boom levels ...cos the construction cost is still much higher than preboom ...developers have to build that into their pricing ..

    in short ... anything that was going at 600 psf then ..would be minimal launched at 750 psf

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    Default ada

    Quote Originally Posted by fire
    900+++psf.... I am beginning to wonder if there is an economic crisis in the 1st place. Prices goes up during boom times but never seemed to come down to pre-boom prices. The Singapore economy really confuses me.
    Pre-boom times??? Maybe for some projects but definately not happening to those with good location afterall in land is scare. There is just so much land near town or MRT.

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    Quote Originally Posted by fire
    900+++psf.... I am beginning to wonder if there is an economic crisis in the 1st place. Prices goes up during boom times but never seemed to come down to pre-boom prices. The Singapore economy really confuses me.
    Iresidences at irrawady road even closer to novena MRT... still cannot sell... wonder how they going to sell at 900++...

    But of course, I would like to view that as well... think cdl quality is good...

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    Quote Originally Posted by proud owner
    like i said ...it would take a while to come close to pre boom levels ...cos the construction cost is still much higher than preboom ...developers have to build that into their pricing ..

    in short ... anything that was going at 600 psf then ..would be minimal launched at 750 psf
    Looking at your point 750psf is still reasonable. Pre-boom, at best developements like The Arte will probably demand between 450-550psf max - so at 900psf I will baulk, even if it were to priced at 800psf, I will still scratch my head and wonder what the hell are we thinking paying such prices.

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    HUTTONS proudly Presents

    The ARTE
    @ Thomson Road
    by City Developments Limited (CDL)





    Freehold - 2 Iconic Tower of 36 Storey Development of 336 units
    Expected TOP : End 2011 - Early 2012
    Estimated PSF from $9xx

    UNIT TYPES
    2 Bedrooms 1,055sqft - (54 units)
    3 Bedrooms 1,399sqft to 1,625sqft - (164 units)
    4 Bedrooms 1,873sqft - (100 units)
    Sky Suites 2,896sqft - (8 units)
    Sky Villas 2,616sqft to 4,015sqft - (10 units)

    FULL CONDOMINIUM RECREATIONAL FACILITIES
    Guard House, Guard Post, Sculpture Plaza, Arrival Plaza,
    Reflective Pool, Water Court Garden, Eco Pond, Workout Station,
    Children Playground, Tennis Court, Party Lawn, Grill Garden,
    Clubhouse, Party Deck, Outdoor Lounge, 50m Lap Pool,
    Children Play Pool, Sun Deck, Cabanas Pool Deck, Steam Baths,
    Work-Out Room, Yoga Court, Reflexology Walk, Garden Walk, Jogging Track.

    SELLING POINTS
    Designed by award architect firm, SCDA. Portfolio include The Ladyhill, Lincoln Modern etc
    Facing City SkyLine, McRitchie Reservoir & Singapore Polo Club.
    Within 1km from CHIJ Toa Payoh.
    Close proximity to SJI, Catholic JC, Anglo Chinese School, Curtin University, Queens Margaret University Asia Campus.
    Dual exit to Thomson Road and Balestier Road
    Easy access to Toa Payoh & Novena MRT, Novena Square & United Square.
    Minutes Drive to Orchard / CBD
    Quality Finishings
    Free Shuttle Bus Service Upon TOP to Novena MRT


    Please register early for Preview Launch to secure choice units
    & State Your choice of Bedroom Types / NAME & Contact No.

    Call /sms for Floor plans & Exclusive Preview Invitation
    or
    email me @ [email protected]



    --
    Project Specialist
    Brandon Huttons
    Hp: 9852 5624
    Associate Director
    www.SGRE.com.sg
    Best Regards,
    Developer's Sales
    Brandon Huttons
    Hp: 9852 5624
    Associate Director
    www.LaunchingProperty.com

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    http://www.straitstimes.com/Invest/S...ry_344386.html

    March 1, 2009

    property

    Property market starting to stir

    Success of two new launches encourages a few developers to release their projects

    By Joyce Teo, Property Correspondent


    Over the weekend, 30 units of the 102-unit St Patrick's Residences in St Patrick's Road in the East were launched. The 646-unit Double Bay Residences in Simei should go on sale soon, with prices set at around $650 psf to $680 psf. -- PHOTO: TG DEVELOPMENT PHOTO: UOL GROUP

    View more photos

    Thanks to the mini-buzz created by two new successful launches - Caspian in Jurong and Alexis @ Alexandra - a few developers have decided to release their projects for sale.

    It is an improvement, even if it is just a slight one, from the very sombre mood a month ago, when market watchers were expecting the lull in the market to continue.

    Over the weekend, TG Development launched 30 units of the freehold, 102-unit St Patrick's Residences in St Patrick's Road in the East.

    On average, prices start at around $675 per sq ft (psf) for a two-bedroom unit and rise to about $900 psf for a four-bedroom penthouse.

    Unit sizes range from 1,152 sq ft for the two-bedroom units to 3,423sqft for the four-bedroom penthouses. Some three-bedroom units can cost just under $1 million.

    The interest absorption scheme, which allows buyers - if they take a loan from the start - to defer making any payments beyond the initial down payment until the project is completed, is offered at a 3 per cent premium.

    Marketing agent Savills said the condominium offers quality furnishings and fittings usually associated with prime projects, and that a few units have been sold since the preview a week ago.

    Near Upper Bukit Timah, Hiap Hoe has launched The Beverly, its 118-unit condo in Toh Tuck Road.

    Each unit is served by a private lift. Prices start at $648 psf; the average price is $750 psf. This means that the total price per unit should start from just below $1 million.

    Unit sizes range from 1,120 sq ft for the two-bedders to 4,187 sq ft for the four-bedders. There are also double-storey penthouses from 2,099 sq ft to 3,757 sq ft. Hiap Hoe is not offering the interest absorption scheme.

    Other projects expected this month include Double Bay Residences in Simei, The Arte in Thomson, Domus in Irrawaddy Road and an 18-storey project in River Valley.

    These are in the mass- to mid-market categories that, unlike the high-end segment, are still attracting buyers.

    New home sales in January had plunged to a new low as developers and buyers kept to the sidelines.

    The two new projects that sold very well about two to three weeks ago - Caspian and Alexis - helped revive the market mood to a certain extent.

    The Caspian showflat was packed during the preview, when 300 out of 712 units were sold at average prices starting from $580 psf. So far, more than 500 units have been sold.

    The 293 Alexis units were all sold at $950 psf to $1,250 psf, but the absolute prices were reasonable, given that most units are small.

    At a results briefing last Thursday, City Developments' Kwek Leng Joo cited the good take-up at the two projects as proof that there is still demand.

    'The good response to recent launches is true,' he said.

    Still, the stock market and buying sentiment remain weak.

    Ms Phylicia Ang, director of Savills Residential, said: 'The affordability threshold is key at this point. In the current market, it is important to price projects at an attractive level to attract buyers.'

    The UOL group should start selling the 646-unit Double Bay Residences near the Simei MRT station soon. It declined to give pricing details of the 99-year leasehold condo until the launch, but there is talk that prices will be around $650 psf to $680 psf.

    The one-bedders start at 538 sq ft, the two-bedroom units from 915sq ft, while the big units can go up to 3,703 sq ft.

    Along Thomson Road, The Arte is expected to be released for preview sale by the middle of the month.

    Property agents have advertised the preview of the 336-unit, freehold condo at prices starting at more than $950 psf.

    About half of the project, or 164 units, are three-bedroom units from 1,399 sq ft to 1,625 sq ft. Another 100 units are 1,873 sq ft four-bedders.


    There are also advertisements for the preview of the 18-storey, 67-unit project in River Valley, which offers the interest absorption scheme. It has mostly small units - 32 are 635 sq ft apartments and 30 are 1,044 sq ft units.

    A Chinese developer, Lakeview Developments, may also push out its 104-unit Domus this month.

    High-end launches will likely be few and far between this year, as current demand is coming only from owner-occupiers or very small investors, according to a developer.

    There should be more mass- to mid-market projects coming up in the next few months. These could include projects like the 99-year leasehold Ascentia Sky next to the Redhill MRT station. It offers two- to four-bedroom units from approximately 1,000 sq ft to 1,800 sq ft.

    [email protected]

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    Another round of panic seems to be brewing in the global stock market..
    so I would watch carefully..

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    someone told me there are apporx 50 pax queueing at the ARTE currently for the preview starting at 930am tmrw!

    anyone can verified that? this is crazy.....the 2bedders are not small either....do these buyers know something i don't?

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    is like tat
    when market so call starting to pick up
    PPl dun wana miss the boat to c ppl buy they buy

    when scali property crashes , the said agent mislead them just like lemen brothers case

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    received a sms last night, prices starting from $850 psf.

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    Quote Originally Posted by august
    received a sms last night, prices starting from $850 psf.
    is the 850psf for big sky suites or the normal 3-4 bedroom units?

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    Quote Originally Posted by coburn
    is the 850psf for big sky suites or the normal 3-4 bedroom units?
    no idea, didn't ask...

    wont fight with the crowd, will check it out sometime next week ~

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    $850-$900psf for the far end of balestier? yet another champion project. sheesh

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    Quote Originally Posted by gfoo
    $850-$900psf for the far end of balestier? yet another champion project. sheesh

    not bad wat ? near so many famous hospitals .. communicable disease centre ... church that presumably perform exorcism ... lighting shops ...

    looks like a good buy man ... 850-900 psf ...


    opppps ...............

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