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

  1. #1
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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 16:19.

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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.

  6. #6
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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

  9. #9
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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.

  10. #10
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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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