No more 400psf. Maybe for high end like ardmore 3. For these mess market condos. 200 to 250psf. Remember one thing. Oil is 52 dollars now. Don't let the agent use inflation or construction cost again.Originally Posted by blueb
Junior
No more 400psf. Maybe for high end like ardmore 3. For these mess market condos. 200 to 250psf. Remember one thing. Oil is 52 dollars now. Don't let the agent use inflation or construction cost again.
Any complaints please PM me
http://www.businesstimes.com.sg/sub/...28764,00.html?
Published April 17, 2009
CityDev sells 150 units of The Arte for $190m
THE buzz continues at property launches on the island. City Developments said yesterday that it achieved about $190 million of sales from selling about 150 units at The Arte at Thomson since March 21.
The freehold project is priced at $880 psf on average. No premium is being being charged for an interest absorption scheme (IAS) that CDL has extended to buyers. The scheme means buyers pay just the initial 20 per cent to CDL and defer paying the bulk of their purchase price until The Arte is completed. However, buyers have to take up a housing loan at the point of purchase.
CDL has released 180 of the total 336 units in the project, which comprises two 36-storey high towers.
The majority of The Arte's buyers have private home addresses. Most of the units are going for under $2 million.
Over at Holland Road, Bukit Sembawang is releasing more units at its freehold Verdure from today. It has sold 14 of the 34 apartments in the five-storey project released last weekend. Verdure comprises 69 apartments, with an average price of about $1,350 psf, and six strata semi-detached homes, which cost about $4.8 million on average.
Bukit Sembawang had previously offered an IAS without charging any premium, but from today, buyers will have to pay 2 per cent more to benefit from the IAS.
Over at Tembeling Road in the Katong area, Alpha Land International is offering a small development with a total of 12 apartments. Prices in the five-storey freehold project, which is expected to be completed towards the end of this year or early next year, range from $663,840 (for an 818 sq ft two-bedroom unit) to $1.64 million (for a 2,379 sq ft four-bedder penthouse).
Alpha Land is offering an early bird discount in the form of renovation packages ranging from $10,000 to $25,000, depending on the size of the units. Tembeling Court is being marketed by Texan Associates.
Sim Lian Group will also launch its 360-unit HDB project Parc Lumiere tomorrow. Offered under HDB's design, build and sell scheme, units in the Simei development have an average selling price of $425 psf. Parc Lumiere has four and five-room flats, with four-room flats selling for $378,000-$425,000 and five-room flats going for $462,000-$575,000.
Any complaints please PM me
http://www.channelnewsasia.com/stori...422816/1/.html
Sales at City Development's "The Arte" surpassed 80%
By Valarie Tan, Channel NewsAsia | Posted: 16 April 2009 2028 hrs
SINGAPORE: City Developments (CDL) said sales at "The Arte" condominium project have surpassed the 80 per cent mark.
The developer said 150 units were snapped up in a Phase 1 launch recently with S$190 million of deals recorded.
Most of those sold went for under S$2 million.
The 336-unit freehold project at Thomson Road has been priced at an average of S$880 per square foot, with units ranging from 1,055 sq ft for a two-bedroom apartment to 4,000 sq ft for a penthouse.
CDL has also offered buyers an interest absorption scheme which allows them to defer the bulk of their purchase till completion.
New private home sales surpassed the 1,000 mark in March, the second month in a row. - CNA/vm
Any complaints please PM me
http://www.businesstimes.com.sg/sub/...29386,00.html?
Published April 21, 2009
20 units of The Arte sold over weekend
This takes total sales since the official launch to 170 units
By ZHANG YI TING
CITY Developments Ltd (CDL) sold 20 units at The Arte at Thomson over the weekend. This takes total sales since the property's official launch to 170 units, with last weekend's sales fetching a total of $30 million.
'The sales volume indicates that buyers have greater confidence in the property market and in the future of their investment. This reinforces CDL's view that the current market is now attracting savvy but cautious investors,' said Chia Ngiang Hong, Group general manager of CDL.
Buyers' interest was also evidenced by the strong turnover of over 1,000 visitors at The Arte's showroom over the weekend.
Among other factors, these prospective buyers were drawn by the property's location and proximity to a MRT station, according to a CDL release.
The Arte is located within the Thomson area with convenient connections to the City and the expressways. It is also a short walk from Toa Payoh MRT station.
Priced at $880 psf on average, the freehold project comprises two 36-storey towers and will be completed in 2012. Most of the 336 units available are going for under $2 million.
Buyers can opt for CDL's interest absorption scheme (IAS), which allows them to defer the bulk of their purchase until The Arte's completion on the condition that they take up a housing loan at the point of sale.
A majority of buyers of The Arte have private home addresses and many say they want to invest in another property or to move into a new and upscale residence.
Singaporeans' renewed interest in private property saw the sales of 2,660 private homes in the first three months of 2009, which is about 62 per cent of total new home sales in 2008, according to the CDL release.
Any complaints please PM me
http://www.channelnewsasia.com/stori...423684/1/.html
Almost all units launched for sale at The Arte at Thomson sold
By Ng Baoying, Channel NewsAsia | Posted: 20 April 2009 2234 hrs
SINGAPORE: Almost all of the 180 units for sale at The Arte at Thomson have been sold since the project's official launch earlier this month.
A total of 170 units has already changed hands, with 20 sold over the weekend for some S$30 million.
More than 1,000 visitors made their way to the 336-unit, freehold development's showroom last weekend.
Developer City Developments sees this as evidence that buyers have greater confidence in the property market now.
Private home sales in Singapore in the first three months of 2009 hit 2,660 units. That was about 62 per cent of total new home sales in 2008. - CNA/vm
Any complaints please PM me
http://www.straitstimes.com/Money/St...ry_366206.html
April 21, 2009 Tuesday
New showflats pull in crowds
Condo-style flats popular; private homes see encouraging sales
By Joyce Teo, Property Correspondent
Despite the recession, many were checking out new housing projects over the weekend. The Arte attracted about 1,000 people and another 20 units were sold over the weekend for $30 million, said its developer. -- PHOTO: CITY DEVELOPMENTS
THOUSANDS of people flocked to check out some of the new housing developments on sale over the weekend, scenes more reminiscent of a boom, not a recession.
As one industry watcher told The Straits Times: 'The mass market is still moving. If you price it correctly and reasonably, people will still buy.'
The hottest ticket in town was clearly the Parc Lumiere project, which drew an astonishing 6,500 visitors over the weekend.
Buyers had begun queueing last Friday before its viewing period started on Saturday, with 829 people eventually in the line for flats in the estate, which is being developed under the Design, Build and Sell Scheme (DBSS).
There was no balloting for the project: Just turn up and book.
Developer Sim Lian Group said it has already sold 306 units out of a total of 360. All the four-room flats, priced between $378,000 and $425,000, have been sold.
Only the low-floor five-room flats are left. The five-roomers are priced from $462,000 to $575,000.
'After going through Premiere @ Tampines, we thought we would try another way of selling. When you do it by ballot, a lot of people just try for fun. A lot who were keen didn't get the chance to book,' said Sim Lian executive director Diana Kuik.
But some potential buyers felt the walk-in selection sale method, essentially a first-come, first-served sale, was inconvenient. One said the sale came at too short a notice for him to take leave to queue. A parent said her son had been waiting for the project but was travelling in Europe.
Sim Lian said it has had feedback from happy buyers, including a pair of siblings happy to get a unit next to each other.
The second DBSS project, The Peak @ Toa Payoh, also had a busy weekend with 1,711 applications lodged as of 6pm yesterday for the 1,203 units.
This project by developer Hoi Hup Sunway is being sold by ballot, with applications open until next Tuesday.
About 22,500 people had visited the showflat from last Wednesday until it closed yesterday, said Ms Kellie Liew, executive director of projects at HSR Property Group, the marketing agent for The Peak. More than half of the applicants are interested in the five-room flats, with about 30 per cent looking at the four-roomers, she said.
In the private home market, the freehold The Arte in Jalan Datoh attracted about 1,000 people over the weekend, said developer City Developments (CDL).
The average price at the 336-unit project - which boasts relatively large flats - is $880 psf, with most units going for under $2 million each.
CDL said it sold another 20 units over the weekend for $30 million, bringing total sales to 170.
'The sales volume indicates that buyers have greater confidence in the property market and in the future of their investment,' said CDL group general manager Chia Ngiang Hong.
'This reinforces CDL's view that the current market is now attracting savvy but cautious investors.'
A large number of buyers have private home addresses, he said, with many saying they want to invest in another property or to move into a 'new and upscale residence'. CDL said it has extended the interest absorption scheme to these buyers.
Two other large projects that were launched last month also saw encouraging sales.
A further 22 apartments were sold at the 457-unit Mi Casa condominium in Choa Chu Kang in the past week, bringing total sales to 202 units. Prices hovered around $635 psf.
More than half of the 646 units at Double Bay Residences in Simei have been sold. This was the best-selling project last month, with 264 units being bought.
About 60 per cent of the 68-unit Verdure in Holland Roadhas also been sold since its preview more than a week ago.
[email protected]
Newbie
1. People are buying: 170 buyers can't be that dumb and impulsive esp if the prices are on average $1 mil and up
2. Its a real condo: it is the only condo in the area with full condo facilities. New devpts like Domus and i-Residences are slivers in the sky
3. Value for money: during the soft launch the larger units were going for under 800psf. Just think how much people were paying for Pinnacle or Marque a short while ago
4. It has minimal planter boxers and other wasted floor area
5. Govt plans for gentrify Balestier
The only thing I don't buy is proximity to Toa Payoh MRT ...
Newbie
Just saw in the papers yesterday that they release more "Choice Units" for sale..... Full page advertisement some more.....
Newbie
Went to the showroom today. Selective floors available for sale, but is evenly spread from low to the highest.
3 bedders city view (SE direction) all sold out. Thomson view (NW direction, agents called it McRitchie view, but more like PIE view) 1399 sqft 10th floor is $925psf. 28th floor 1027 psf.
Wife like the units and location...but "direction" not suitable for us.
Senior
cheap cheap go and buy dont wait already we need people like u to boost mkt
Newbie
The white marble bathroom looks pretty good ya?
But for me, that's about all that is good about The Arte...
If you notice in the showflat, they purposely not put up where the actual sliding door to the planter area and if you ask the agent about it, they will give you some sheepish expression and mark out for you where the sliding door is going to be..... then l realise that they are charging for a huge planter area where the bank valuers may not take into consideration in their valuation. Agent also keep quiet and dare not reply.....
Senior
no need to calculate here n there got money to spend just buy.The white marble bathroom looks pretty good ya?
But for me, that's about all that is good about The Arte...
If you notice in the showflat, they purposely not put up where the actual sliding door to the planter area and if you ask the agent about it, they will give you some sheepish expression and mark out for you where the sliding door is going to be..... then l realise that they are charging for a huge planter area where the bank valuers may not take into consideration in their valuation. Agent also keep quiet and dare not reply.....
Junior
Standard lah, even DBSS Simei and The Peak cheats by having huge balcony and planter. the joke is for The Peak @ Toa Payoh, the showroom sofa actually over-extended into the balcony.The white marble bathroom looks pretty good ya?
But for me, that's about all that is good about The Arte...
If you notice in the showflat, they purposely not put up where the actual sliding door to the planter area and if you ask the agent about it, they will give you some sheepish expression and mark out for you where the sliding door is going to be..... then l realise that they are charging for a huge planter area where the bank valuers may not take into consideration in their valuation. Agent also keep quiet and dare not reply.....
Banned
No offense to those who thinks large balcony a ruse to cheat buyers, but to many others, they do not mind paying for such "unlivable" space. It offers a different lifestyle as compared to people used to HDB living.
Anyway, personally, do not really like the location. The claim that it is near HDB hub and MRT must be a bad joke. Also do not like the proximity to the PIE. Bad Fengshui.
I sell Cheese Pie
Planter space can use to put soil to grow plants. Otherwise the place will be littered with cigarette butts thrown from the upper floors. Trust me, I know. Can never catch the culprit(s). Even the guardhouse CCTV also cannot capture these anti-social acts
Senior
actually i think balcony is fine, planters and bay windows are the con job.
No offense to those who thinks large balcony a ruse to cheat buyers, but to many others, they do not mind paying for such "unlivable" space. It offers a different lifestyle as compared to people used to HDB living.
Anyway, personally, do not really like the location. The claim that it is near HDB hub and MRT must be a bad joke. Also do not like the proximity to the PIE. Bad Fengshui.
Newbie
so this project is fully taken? well done!
Junior
As of end-Jul 2009, still got 6 units unsold. You interested?
BE CENTRED BY ALL AT THE FRINGE OF THE CITY @
Newbie
i believe the available units are all PH... 3/4 BR all sold.
official TOP is Dec 2012, but from construction progress, seems like it will be ready by mid 2010 or end 2010 latest? any views?
Newbie
anyone went to check out the progress.
Must say the construction progress is super fast man!!!!
Most likely TOP earlier than Sky11.
Newbie
FYI, those unsold units prices have been jacked up to $1.1 to $1.2K psf
Newbie
superstructure looks like almost nearing completion - possibly by end of this year will be done. interior architectural trades should take no longer than 6 - 9 mths.... when is sky11 likely TOP?
if the remaining units are the sky suites, they are all quite large (>2600 - 4000sq ft), will CDL price them at $1.1k - $1.2kpsf? the quantum will be quite huge...
Junior
The Arte during sunset...
Senior
from the picture, looks so near the PIE.
The Arte during sunset...
Newbie
I hope I don't offend too many people.
Honestly is this oversize concrete blob with glass mirrors to be installed in front really nice to look at?
Newbie
glass mirrors? as facade? got meh?
New Launch Project Specialist
Nope you don't offend us, just the Arte owners only.
Newbie
How come it looked so different from the marketing brochures?Nope you don't offend us, just the Arte owners only.
http://images.google.com.sg/imgres?i...%3D2%26hl%3Den
Newbie
The Arte design concept encourages outdoor living in the sky. Check out the ultra large balcony of the 4 bedroom and you know why. Every room has a balcony and they are all connected together. Hopefully the noise from PIE is not too loud to get a good sleep in the open.
F01 N54 Sheer Driving Pleasure
占私宅成交量22％ 外国人又涌入购房地产
吴慧敏
联合早报
29-9-2009
全球股市大反弹不但吸引了本地人蜂拥抢购私人房产，外国人也在过去几个月来大举涌入，到新加坡“扫货”。
根据第一太平戴维斯(Savills)整理的数字，外国人(包括新加坡永久居民)在去年8月，买下大约300个私宅单位，占所有私宅成交量的22％。
当美国投资银行雷曼兄弟破产、引发全球金融大海啸时，外国人骤然消失。去年11月12月期间，外国人所购买的私宅单位剧跌至70、80个，所占的买家比率也下跌至16％。
今年3月全球股市大回弹后，外国买家又迅速回流。到了6月份，外国人在一个月内买下的私宅单位已回升至876个，比去年11月最低潮时的需求量暴增十倍。所占的买家比率，也回升至全球金融大海啸之前的22％、23％水平。
戴德梁行(DTZ)研究部主管蔡楚芬说：“外国买家确实回来了。不单单是中国人，马来西亚人和印尼人这两个本地楼市的传统上最大买家，也都在过去几个月显著增加。”
她透露，马来西亚和印尼人仍然是新加坡楼市最大的买家。本地每卖出100间私人房子，约22间由外国人或永久居民买下。其中，六间由马来西亚人买下、五间由印尼人买下、三间由印度人买下、三间由中国人买下。
仲量联行私宅部主管黄洁玲说：“新加坡本来就是马来西亚人和印尼人喜欢置业的地点，第一是新元的币值强劲，第二是政治和社会稳定。他们也喜欢将子女送到新加坡求学、在新加坡求医，在新加坡买房子还可以防万一，一旦国内发生了什么事情，总算有个安身之所。”
一名房地产人士也指出，去年发生金融大海啸后，许多外国人，包括马来西亚人和印尼人，已经将钱转到新加坡来，以对冲其国家货币的贬值。当楼市在三四月份开始“动”起来，更多的外汇更是涌入本地楼市中。
一名房地产观察家认为，由于中国和香港的楼价升得比新加坡更快、更高，过去两三个月来，很可能有一些投资者开始将钱从中国和香港股市和楼市套出来，转到新加坡。
ERA产业经纪王德金并没有听到这种情况，不过他表示，近年来进场的一些中国买家已经跟过去有很大的不同。
“过去，在新加坡买楼的中国人，一般都是买一些单位价比较低廉的房子，预算在50万元至80万元之间。”
有一些中国大客户
但是，现在他手头上的十多个[b]大客户，七八个是中国人。这些中国买家最近分别授权他500万元至1000万元的预算，代他们在新加坡买房子。
“这一类中国买家通常对新加坡非常熟悉，有的孩子在新加坡念书或工作，也有的打算在新加坡做生意。他们来到新加坡，只住六星级酒店，买的都是劳力士名表和名牌手袋。看的房子，通常在市区，售价在一两百万元，甚至两三百万元左右。”
他透露，以500万元至1000万元的预算来说，他通常会帮这些中国买家购买三五个单位，其中一两个短持，只要有钱赚就代他们放手，其他的则留作长线投资。
市场消息说，远东机构最近推出的中高档公寓Silversea就吸引了不少中国买家进场。
戴德梁行的数字也显示了中国买家的购买能力相当两极化。资料显示，50万元至100万元的房子，中国买家的比率相当高。其次，就是售价在500万元以上的房子。
市场消息说，远东机构最近推出的中高档公寓Silversea就吸引了不少中国买家进场。这个位于马林百列录的99年地契公寓，共有383个单位，截至8月底卖出了70个，每平方英尺中位价约1386元。
远东机构房地产销售营运总裁谢文华证实，这个项目的中国买家比率确实较高，达到17％。他相信，一览无余的无敌海景应该是吸引他们进场的一大因素，而且交通也非常方便，距离滨海湾只有5分钟车程。
不过，位于中部的The Arte却吸引了较多的印尼买家进场。城市发展的这个公寓共有336个单位，每平方英尺推出价格约880元，它自3月推出以来已卖出330个，城市发展发言人说，其中15％由印尼人买下。
戴德梁行的数字也可以看到，所有外国买家中，印尼人的购买力还是最强的。今年第二季，售价在150万元以上的房子，有大约14％是外国人购买的。当中，印尼人就占了三分之一。售价在500万元以上的房子，印尼人也是最大的外国买家。
至于马来西亚人所买的房子，价格一般在50万元以下，所占的比率超过一半。至于售价在50万元至100万元的房子，马来西亚人也是最大的外国买家。
Posting Permissions
Reply With Quote
