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Thread: Concourse Skyline (D7, 99 years leasehold, Hong Fok)

  1. #181
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    They are upgrading the office tower now gearing up to compete with all the new office space.
    I heard around 70% sold... Construction up to level 1 only so far.. Really slow

  2. #182
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    Prices of skyline to move when Southbeach launches???

  3. #183
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    Quote Originally Posted by DC33_2008
    Prices of skyline to move when Southbeach launches???
    This project the psf vary quite a bit:

    Just check URA,

    Private Residential Units* Sold in the Month of January 2011

    Total units of project = 360 units
    Units launched todate = 220 units
    Units sold todate = 218 units

    Look like Hong Fok waiting to release at the right time and up their price...

    Latest 5 transactions:

    296 Beach Road #13-07
    99 Yrs From 13/03/2008
    $1531
    1163
    $1780k
    05 Jan 11
    298 Beach Road #09-10
    99 Yrs From 13/03/2008
    $1299
    786
    $1020k
    08 Dec 10
    296 Beach Road #13-06
    99 Yrs From 13/03/2008
    $1821
    1356
    $2470k
    16 Nov 10
    298 Beach Road #17-16
    99 Yrs From 13/03/2008
    $1781
    807
    $1437k
    29 Oct 10
    298 Beach Road #15-12
    99 Yrs From 13/03/2008
    $2041
    818
    $1670k
    29 Oct 10

  4. #184
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    the psf varies due to cityview vs sea/IR view

    its like bayview vs non bayview

  5. #185
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    Heard that owners have to make progress payment for the foundation. Would have marketed to the Chinese too.

  6. #186
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    Yup, just pass by today. They just completed the basement and is on level 1 now. Agent told me Hongfok is waiting for Capitol and Southbeach to launch before releasing the balance units.
    The developer price is damn high now, if anyone is interest in this project may want to look at subsale instead. They are renovating the office building now.

  7. #187
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    Tis area have huge potential .. Give it time.. the area will transform !

  8. #188
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    Construction has reach superstructure (4-5 storeys) after a long while. Is subsale active here?

  9. #189
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    Quote Originally Posted by DC33_2008
    Construction has reach superstructure (4-5 storeys) after a long while. Is subsale active here?
    So far only 2-3 and the latest one in June. There are still high floor units left but the asking by the developer is high

  10. #190
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    Hong Fok is not in a hurry to sell. They may follow FEO which sells fully furnished high floor units in Clift when it is TOP.
    Quote Originally Posted by shauntanzs
    So far only 2-3 and the latest one in June. There are still high floor units left but the asking by the developer is high

  11. #191
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    Tanjung Rhu is much better.
    Yee ha! Did I tickle your funny bone?


  12. #192
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    Why better based on location?
    Quote Originally Posted by ecimbew
    Tanjung Rhu is much better.

  13. #193
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    Quote Originally Posted by ecimbew
    Tanjung Rhu is much better.
    Tanjong Rhu no mrt haha

  14. #194
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    Too many Indian FT over there too. Unless he/she is one of them.
    Quote Originally Posted by shauntanzs
    Tanjong Rhu no mrt haha

  15. #195
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    Quote Originally Posted by DC33_2008
    Too many Indian FT over there too. Unless he/she is one of them.
    So how? Buy southbank or concourse? Haha

  16. #196
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    It depends on your appetite. Buy Emerald Garden.
    Quote Originally Posted by shauntanzs
    So how? Buy southbank or concourse? Haha

  17. #197
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    Default Concourse Skyline

    Concourse Skyline set to rise from the heart of Beach Road. Concourse Skyilne Floor Plans available and Price PSF will be attractively priced to sell. Where an eclectic abundant mix of activities await you, you are privileged with ample unrestricted space to express yourself uniquely. Freedom is your call to discover exuberance that springs to life by residing in Concourse Skyline. Unveil a vibrant lifestyle that is specular, splendid and sensational. Look forward to an unrivalled slew sublime facilities that unfold before your eyes. The beauty of living belongs exclusively to you. Welcome to Concourse Skyline.

    Do you want to be the first to get your choice unit of Concourse Skyline at the best price? Never miss a New Launch event again. Get your latest updates from New Launch Singapore.

    Best Regards
    New Launch Singapore

  18. #198
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    your adverts do not describe anything, and the same phrases are used over and over again - all cut from a template?

    "Where an eclectic abundant mix of activities await you, you are privileged with ample unrestricted space to express yourself uniquely. Freedom is your call to discover exuberance that springs to life by residing in (insert project name here)."

    I bet the same attitude applies to your customers as well, if any

  19. #199
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    and there is already an existing thread on concourse skyline already.

    Quote Originally Posted by mantrix
    your adverts do not describe anything, and the same phrases are used over and over again - all cut from a template?

    "Where an eclectic abundant mix of activities await you, you are privileged with ample unrestricted space to express yourself uniquely. Freedom is your call to discover exuberance that springs to life by residing in (insert project name here)."

    I bet the same attitude applies to your customers as well, if any

  20. #200
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    FRASERS Commercial Trust (FCOT) has been given the go-ahead to redevelop its KeyPoint building into a commercial and residential development.

    The 25-storey development is at the junction of Beach Road and Jalan Sultan. It is currently a fully commercial development with no residential component.

    The property comprises a three-storey podium, a 22-storey office tower and a four-storey carpark with 227 spaces.

    The terms and conditions of the outline planning permission (OPP) granted to FCOT include rezoning the site from commercial use to mixed commercial and residential use.

    The OPP was granted by the Urban Redevelopment Authority.

    It allows for a gross plot ratio of 5.0, which translates to a maximum gross floor area (GFA) of 3.6ha, of which not more than 40 per cent but not less than 20 per cent can be allocated towards commercial use.

    The residential portion of the development must also not be less than 60 per cent of the total GFA.

    To fulfil the terms and conditions of the OPP, FCOT will also have to pay a development charge to the Government for enhancing the site's use and a premium to top up the land's lease, if this is required.

    A formal application to the URA will also need to be submitted for approval before any development can take place.

    FCOT said the application of the OPP was part of its manager's - Frasers Centrepoint Asset Management (Commercial) - asset management review.

    This review would help identify which FCOT assets could potentially be enhanced to maximise their value.

    FCOT's manager is currently weighing the terms and conditions of the OPP and is exploring all options, which include the sale of the building, redeveloping it or retaining the property as an office building.

    These other options may include additional regulatory approvals.

    No decision has been made at this point.

    The trust currently has nine assets spread across the region in Singapore, Australia and Japan.

    Neighbouring residential project Concourse Skyline has sold 228 of the total 360 units since it was launched in September 2008.

    Ten apartments have been sold since the start of this year, at an average $1,800 per sq ft.

    To date, 342 units have been launched.


    Source: The Straits Times © Singapore Press Holdings Ltd. Reprinted with permission.

  21. #201
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    I guess they will launch at 2k psf

  22. #202
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    A couple of subsales in Dec, I think 6-7. Surprise at the sudden surge in interest in this project.
    It's building to 9th storey now.

  23. #203
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    Launched in 2008, 99 LH, only 9th storey as of 23 Jan 2012
    Yee ha! Did I tickle your funny bone?


  24. #204
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    Quote Originally Posted by ecimbew
    Launched in 2008, 99 LH, only 9th storey as of 23 Jan 2012
    Ya, snail pace...

  25. #205
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    TOP in 2013... Less than 2 yrs to go, can they complete on time?

  26. #206
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    Visited the showroom last week, was quoted the best city facing stack #24-08 at $1987psf which work out to be $2.2mil. The sea facing stack are all above $2200psf. Those bought early are sitting on a nice profit, congrats. However, u must be at least 11th floor to have a good view.

  27. #207
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    I kapoh a little yesterday and went down to the showroom to take a look.

    Very impresive sweeping views of the Bay, MBS & Flyer and the City View from the 38th floor of the Concourse Office Block.

    If given a choice, I would prefer to buy a unit facing the Bay and the Sports Hub as 1st choice, the MBS and Flyer as 2nd choice and the City View as the last choice.

    I forgot to ask how many units were sold recently.

    When I checked the caveats on URA, strangely the last transaction was done in Dec 2011.

  28. #208
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    nothing strange. nothing has been sold for this project since the cooling measures in dec 2011.

    what are the differences in pricing between the 3 views?

    Quote Originally Posted by tkc2263
    I kapoh a little yesterday and went down to the showroom to take a look.

    Very impresive sweeping views of the Bay, MBS & Flyer and the City View from the 38th floor of the Concourse Office Block.

    If given a choice, I would prefer to buy a unit facing the Bay and the Sports Hub as 1st choice, the MBS and Flyer as 2nd choice and the City View as the last choice.

    I forgot to ask how many units were sold recently.

    When I checked the caveats on URA, strangely the last transaction was done in Dec 2011.

  29. #209
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    Quote Originally Posted by bargain hunter
    nothing strange. nothing has been sold for this project since the cooling measures in dec 2011.

    what are the differences in pricing between the 3 views?
    If I remember correctly, but dont hold me to it, the price premium of two 19th floor units between the IR and the city view facing is close to S$800 psf.

  30. #210
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    Quote Originally Posted by tkc2263
    If I remember correctly, but dont hold me to it, the price premium of two 19th floor units between the IR and the city view facing is close to S$800 psf.
    I would like to correct this statement I made.

    Those units having views of Kampong Glam and beyond costs $800 psf less than those facing the IR/City View and the Kallang Basin View...essentially the best and the not so good views.

    My apologies.

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