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Thread: Varsity Park (D5, 99 years leasehold, CapitaLand)

  1. #1
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    Default Varsity Park (D5, 99 years leasehold, CapitaLand)

    Hi heard this development is fully sold. Any comments on this project? It's 99 yrs. Is it worth to buy from secondary market?
    Last edited by revieli; 26-01-07 at 20:48.

  2. #2
    Join Date
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    Default Re: Varsity Park by CapitaLand

    Heard the project was delayed and those bought from developer were compensated

  3. #3
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    Default Re: Varsity Park

    If u can get around $500 psf from subsale, then I think is cheap. Otherwise, u shd look at The Stellar. Freehold and I think at below $600 psf.

  4. #4
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    Default Re: Varsity Park by CapitaLand

    Quote Originally Posted by ck_marz
    Heard the project was delayed and those bought from developer were compensated
    I dont think so. Read in another forum that the TOP date was changed to earlier instead. Since it's already 100% sold, why will the developer still delay it?

  5. #5
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    Default Re: Varsity Park

    Quote Originally Posted by Madeira
    If u can get around $500 psf from subsale, then I think is cheap. Otherwise, u shd look at The Stellar. Freehold and I think at below $600 psf.
    We went to see Stellar too but it is located right at the cross junction. It's going to be noisy and also fengshui for this site is not good.

    Heard that the west coast - pasir panjang area is going to increase in value because it is near to city, and now land prices are undervalued. How accurate is this report? It is true that it takes only 15min to drive to either Orchard or Suntec. Not forgetting its proximity to IRs in Sentosa and Marina.

  6. #6
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    Default Re: Varsity Park

    Anyone knows how much is the rental like for a 3 bedroom unit in the vicinity? Blue Horizon would be a good guide.

  7. #7
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    Default Re: Varsity Park by CapitaLand







    Last edited by revieli; 29-01-07 at 20:59.

  8. #8
    Unregistered Guest

    Default Re: Varsity Park

    Quote Originally Posted by Madeira
    Anyone knows how much is the rental like for a 3 bedroom unit in the vicinity? Blue Horizon would be a good guide.
    Yeah what happened to the posters in the blue horizon thread? Please tell us how much the rental is there!

  9. #9
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    Default Re: Varsity Park by CapitaLand

    Does anyone have any comments on CapitaLand? How is the quality of the condos they have built so far?

  10. #10
    Intrepid Explorer 2.0 Guest

    Default Re: Varsity Park (D5, 99 years leasehold, CapitaLand)

    Photos taken last year.










  11. #11
    Unregistered Guest

    Default Re: Varsity Park (D5, 99 years leasehold, CapitaLand)

    Quote Originally Posted by revieli
    Hi heard this development is fully sold. Any comments on this project? It's 99 yrs. Is it worth to buy from secondary market?
    As of today, heard it isn't fully sold, there are still a few units...

  12. #12
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    Default Re: Varsity Park (D5, 99 years leasehold, CapitaLand)

    Quote Originally Posted by Unregistered
    As of today, heard it isn't fully sold, there are still a few units...
    Saw in another forum, someone posted that the port will be moved from Pasir Panjang to Tuas. Anyone can confirm that?

    I think it is really 100% sold.

    http://spring.ura.gov.sg/LAD/ore/rea...eup_action.cfm

  13. #13
    Makelele Guest

    Default Re: Varsity Park (D5, 99 years leasehold, CapitaLand)

    If port really moves to Tuas, my parents' landed property in West Coast will boom Maybe enbloc at ten times the current price for developers to build more condos.

    Also all the existing condos in West Coast and Pasir Panjang will boom too!

  14. #14
    bagus Guest

    Default Re: Varsity Park (D5, 99 years leasehold, CapitaLand)

    Confirm its 100% sold.........

    I think it is really 100% sold.

    http://spring.ura.gov.sg/LAD/ore/rea...eup_action.cfm[/QUOTE]

  15. #15
    Unregistered Guest

    Default Re: Varsity Park (D5, 99 years leasehold, CapitaLand)

    Sorri i dun think this is worh the $$$$. There are many others in the same location which are freehold and smaller (more exclusive) which cost only a little bit more.

  16. #16
    bagus Guest

    Default Re: Varsity Park (D5, 99 years leasehold, CapitaLand)

    Its up to individual about whether if it is worth the $$. I'm a western thus i think this project is one of the better one in this area. Although it's 99yrs, the landscape and the environment is perfect for me.


    Quote Originally Posted by Unregistered
    Sorri i dun think this is worh the $$$$. There are many others in the same location which are freehold and smaller (more exclusive) which cost only a little bit more.

  17. #17
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    Default Re: Varsity Park (D5, 99 years leasehold, CapitaLand)

    Hi Bagus,

    Did you buy a unit there?

  18. #18
    Unregistered Guest

    Default Re: Varsity Park (D5, 99 years leasehold, CapitaLand)

    How is Varsity Park going to compete with one north for the rental and resale?

  19. #19
    camelot Guest

    Default Re: Varsity Park (D5, 99 years leasehold, CapitaLand)

    Quote Originally Posted by Unregistered
    How is Varsity Park going to compete with one north for the rental and resale?
    Bus 95 takes you directly to One North. Takes prob 15mins?
    One North condo is asking $900+ compared to Varsity at $500+
    Don't think we need a rocket scientist to figure out which dev will give a better yield.

  20. #20
    Unregistered Guest

    Default Re: Varsity Park (D5, 99 years leasehold, CapitaLand)

    I agree. If I am a foreign scientist working at One North, I would not want to live so close to my workplace at such a high rent. I would rather live in Varsity Park or Stellar for less rent and take a very short taxi/bus ride to work everyday.

    The catchment area for Varsity Park and Stellar is wider, not only can it serve foreigner working at One North, but also those working in Science Park and NUS.

  21. #21
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    Default Re: Varsity Park (D5, 99 years leasehold, CapitaLand)

    Anyone know what is the plot ratio for this project?

  22. #22
    Unregistered Guest

    Default Re: Varsity Park (D5, 99 years leasehold, CapitaLand)


  23. #23
    Unregistered Guest

    Default Re: Varsity Park (D5, 99 years leasehold, CapitaLand)

    530 units for a site area of 567,574 sqf. Seems pretty spacious despite the large number of units.

    Why do some people comment that it has too many units and not exclusive?? What is it relative to?

  24. #24
    Unregistered Guest

    Default Re: Varsity Park (D5, 99 years leasehold, CapitaLand)

    Quote Originally Posted by Unregistered
    530 units for a site area of 567,574 sqf. Seems pretty spacious despite the large number of units.

    Why do some people comment that it has too many units and not exclusive?? What is it relative to?
    Because the project consists of only low rise buildings, with 500 over units built which would mean most of the land space will be taken up by building instead of facilities

  25. #25
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    Default Re: Varsity Park (D5, 99 years leasehold, CapitaLand)

    Will there be many mainland chinese, indian nationale, who will buy the new condos, such as VP, CW, Stellar to stay? Since there are many of them working in NUS, Biopolis, Fusionpolis, Science Park, etc.

  26. #26
    Unregistered Guest

    Smile Re: Varsity Park (D5, 99 years leasehold, CapitaLand)

    Quote Originally Posted by revieli
    Will there be many mainland chinese, indian nationale, who will buy the new condos, such as VP, CW, Stellar to stay? Since there are many of them working in NUS, Biopolis, Fusionpolis, Science Park, etc.
    For buying to live in, I would say faculty from NUS.

    As for renting:
    Students/researchers from NUS, Biopolis, Fusionpolis, Science Park.
    Also, families from Japanese schools and UWC.

    VP, CW, Stellar are at the best location in the west coast area.

  27. #27
    camelot Guest

    Default Re: Varsity Park (D5, 99 years leasehold, CapitaLand)

    Quote Originally Posted by Unregistered
    For buying to live in, I would say faculty from NUS.

    As for renting:
    Students/researchers from NUS, Biopolis, Fusionpolis, Science Park.
    Also, families from Japanese schools and UWC.

    VP, CW, Stellar are at the best location in the west coast area.
    I know two faculty members at NUS who bought CW recently. Also heard quite a few staff bought VP during the launch.

  28. #28
    Unregistered Guest

    Default Re: Varsity Park (D5, 99 years leasehold, CapitaLand)

    TOP has just been revised to Mar 2008.

  29. #29
    Unregistered Guest

    Default Re: Varsity Park (D5, 99 years leasehold, CapitaLand)

    Quote Originally Posted by Unregistered
    TOP has just been revised to Mar 2008.
    What was the original TOP date stated by the developer? Thanks

  30. #30
    Unregistered Guest

    Default Re: Varsity Park (D5, 99 years leasehold, CapitaLand)

    Original TOP was Dec 2008.

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