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
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
Prices of skyline to move when Southbeach launches???
This project the psf vary quite a bit:Originally Posted by DC33_2008
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
the psf varies due to cityview vs sea/IR view
its like bayview vs non bayview
Heard that owners have to make progress payment for the foundation. Would have marketed to the Chinese too.
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.
Tis area have huge potential .. Give it time.. the area will transform !
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 highOriginally Posted by DC33_2008
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.Originally Posted by shauntanzs
Tanjung Rhu is much better.
Yee ha! Did I tickle your funny bone?
Why better based on location?Originally Posted by ecimbew
Tanjong Rhu no mrt hahaOriginally Posted by ecimbew
Too many Indian FT over there too. Unless he/she is one of them.Originally Posted by shauntanzs
So how? Buy southbank or concourse? HahaOriginally Posted by DC33_2008
It depends on your appetite. Buy Emerald Garden.Originally Posted by shauntanzs
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
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
and there is already an existing thread on concourse skyline already.
Originally Posted by mantrix
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.
I guess they will launch at 2k psf
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.
Launched in 2008, 99 LH, only 9th storey as of 23 Jan 2012
Yee ha! Did I tickle your funny bone?
Ya, snail pace...Originally Posted by ecimbew
TOP in 2013... Less than 2 yrs to go, can they complete on time?
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.
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.
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?
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.Originally Posted by bargain hunter
I would like to correct this statement I made.Originally Posted by tkc2263
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.