Results 1 to 9 of 9

Thread: RAFFLESIA CONDO

  1. #1
    Join Date
    Nov 2008
    Posts
    141

    Default RAFFLESIA CONDO

    Project Name-RAFFLESIA CONDO
    Developer-Bishan Peak Pte Ltd(Far East Organization)
    Property Type-Condominium
    Tenure - 99 Yrs From 18/07/1997
    Total Units - 230
    Completion Date - Sep-2003
    District - 20















    more from :
    http://www.virtualhomes.sg/rafflesiacondo


  2. #2
    Join Date
    Mar 2009
    Posts
    84

    Default Rafflesia: Distinctive Luxury







    Rafflesia: Distinctive Luxury...

    Developer: Bishan Park Pte Ltd

    Marketing Agent: Far East Organisation.


    Synopsis:
    Rafflesia located in the heart of Bishan with famous TOP school such as the Raffles Institution and Raffles Institution along the street of Bishan St 21. It is only mere minutes walk from Bishan MRT as well as the bus interchange for convenient travelling to the City area. Marymount developed in the blueprint under circle line would be the next travelling convenience accessibility besides Bishan MRT station.

    Every units are well crafted in elegant design added with a tinge of modern classics as well as luxury theme in mind. Every space are well optimised to ensure space efficiency with top quality marble floors and granite kitchen tops which stands out as the main feature under designer's outstanding creativity and innovation. The room are also designed in airy manner in thought which are all thoughtful planning in mind.


    FACILITIES

    • Gymnasium & saunas
    • Plaza area
    • Wet play area
    • Swimming pools
    • Tennis courts
    • Outdoor exercise areas
    • Children's playground
    • Barbecue pits


    AMENITIES
    • Junction 8 Shopping Mall
    • Bishan MRT & future Marymount Station
    • Bishan Bus Interchange
    • Macritchie Reservoir Park
    • Lakeview Garden
    • Bishan Sports Complex
    • Bishan Stadium
    • Bishan Swimming Pool
    • Bishan East Community Centre
    • Lakeview Wet Market
    • Hawker Centre
    • 24 Hours Eating House
    • Bishan CPF Building
    • Mt. Alvernia Hospital


    Project description: The development comprises of 2 towers, each 20 storey high. Facilities including swimming / spa & children's pool, wet play area, tennis court, jogging trail, fitness station, children's playground, BBQ area, gynasium and multi-purpose area.

    Total units: 230 units.

    Tenure: 99 years leasehold


    Carpark lots: 255

    TOP: Around 31st Dec 2002.


    Provisions: High and low kitchen cabinets complete with cooker hob and hood and conventional oven, built in warerobes for all bedrooms, multi-split air-conditioning.

    Next to Bosch regional HQ building.

    Prices from: $850.00 psf.

    Total 7 units for sale.



    1 year warranty*
    Rental Gurantee*

    *Terms and conditions apply


    Picture Gallery:















    Interested Buyers: Kindly ring me (Aaron) at:
    HP: 9028 7921 for showroom appointment.

    Last edited by propertysale01; 11-04-09 at 23:53.

  3. #3
    Join Date
    Mar 2009
    Posts
    84

    Talking Latest information - One unit 12-10 has been grabbed

    Latest information -

    One unit in Rafflesia has been closed. Its unit 12-10. Facing directly at Raffles Institution..

    Interested parties who are interested in viewing, kindly call me for viewing. I am stationed there everyday..

    There are still available units. So hurry..

    Aaron | 9028 7921..


  4. #4
    Join Date
    Mar 2009
    Posts
    84

    Default Bosch unveils R & D centre

    Bosch unveils R&D centre -14th May 2009



    Despite slumping global sales, the group is positive that Asia will be key to its future growth
    By Jessica Cheam

    Robert Bosch South-east Asia president and managing director Cem Peksaglam says that despite the gloomy outlook, the group is looking to strengthen its foothold in the region and has no plans to lay off staff. -- PHOTO: ROBERT BOSCH (SOUTH-EAST ASIA)

    View more photos
    TECHNOLOGY giant The Bosch Group's appetite for investment in Asia has not been dampened despite a slump in its global sales as a result of the downturn.
    Mr Peksaglam said that the Asia-Pacific remained the strongest growth engine for the group and last year sales in this region grew 7 per cent to $16.4 billion.


    14th May 2009 – Money section of Strait Times.
    Bosch unveils new $21m R&D centre

    Despite slumping global sales, the group is positive that Asia will be key to its future growth By Jessica Cheam

    Despite slumping global sales, the group is positive that Asia will be key to its future growth

    Technology giant The Bosch Group’s appetite for investment in Asia has not been dampened despite a slump in its global sales as a result of the downturn.


    The privately owned group, which deals in automotive parts and consumer goods, yesterday took the wraps off a new $21 million research and development (R&D) centre in Singapore that will be the Asia-Pacific headquarters of newly acquired business software house Innovations Software Technology.
    Innovations Software offers enterprise solutions mainly for the financial services industry, but is set to enter the health care and energy management sectors with Bosch’s expertise, said Robert Bosch South-east Asia president and managing director Cem Pekaglam.
    This is the group’s third investment here in recent years. In 2007, it set up a centre for R&D for information technology with a rolling investment budget of $94 million to be spent by 2010.
    Last year, a $30 million corporate research and advance engineering facility housed at Nanyang Technological University (NTU) was established to conduct R&D in areas such solar energy.
    Innovation’s new R&D centre and sales headquarters will employ 70 staff within the next 5 years and will be located at Robert Bosch’s newly built $92 million headquarters at Bishan by October.
    The 223,000 sqft building will be consolidate Bosch’s 400 and growing Singaporean employees under one roof and can house more than 1,000 staff.
    The energy efficient site boasts an array of solar panels and automated window blinds that block out the sun’s heat.
    The building’s green features helped it win what is regarded as the highest green building accolade this month, the Platinum Green Mark, awarded by the Building and Construction Authority.
    Tough trading conditions forced The Bosch Group to report a 2.6 per cent drop in sales to 2.6 per cent drop in sales to Euro 45.1 billion (S$90 billion) for last year.
    But Mr Peksaglam said that the Asia-Pacific remained the strongest growth engine for the group and last year sales in this region grew 7 per cent to $16.4 billion. South-east Asia saw sales grow 5 per cent to hit $790 million.
    The firm spent a record $8.1 billion worldwide on R&D last year, of which 45 per cent went towards developing energy-efficient and environmentally friendly products. Almost a third of the group’s revenue comes from such products.
    Bosch, which has had a presence in Singapore since 1923, is currently working on developing organic photovoltaic cells with the NTU.
    This uses cheaper organic materials such as polymers in place of the costly silicon used in conventional solar products.
    Mr Peksaglam said yesterday that the group will continue to strengthen its foothold in the region, despite the gloomy outlook that might force Bosch into a loss this year, its first in 45 years.
    Despite the challenges ahead, Mr Peksaglam said there are no plans to lay off any of the firm’s 4,200 South-east Asian staff.
    [email protected]

    Analysis point of view:

    Rafflesia is strategically located next to Bosch future $21 million R&D center. With the capacity to be able to house up 1000 staff in this regional office, this would apparently reveals that the chances of the tenancy would increase. The reason is because Rafflesia is strategically located next to the Bosch regional R&D centre. Marymount MRT is located next to The Bosch regional office, this would reveal that the traffic flow of the area would be bustling with traffic incoming from the different parts of Singapore. With Junction 8 as the closest shopping belt with cinema, eateries, bus interchange, this shows that the potential of high rental yield is obvious. Currently the rental yield for Rafflesia is higher than the normal performing rental rate in the market of 4%. Rafflesia is actually strategically parked at estimated. 4.25% better than the normal market rate.


    Summary

    -Rafflesia is strategically located next to Robert Bosch regional office.
    -$21 million Bosch Office in place.

    -Housed up to 1000 potential tenants for Rafflesia.
    -2 MRT (Marymount & Junction 8 interchange)
    -Highest condo in the estate
    -Higher performing interest rate at est. 4.25%

    Note:
    All the above analysis point of view are based on my personal analysis.

    Focus unit for sale:

    #11-09 | 1302sqft | Quntam" Average: 1.081 million (Bare unit) Cheapest unit for Rafflesia.
    #12-04 |1302sqft | Quntam" Average: 1.1 million (Bare unit)
    #12-09 |1302sqft | Quntam" Average: 1.1 million (Bare unit)
    #15-04 | 1324sqft | Quntam" Average: 1.26 million (Inclusive of showflat charges) showflat
    #15-09 | 1324sqft | Quntam" Average: 1.26 million (Inclusive of showflat charges) showflat
    #17-10 | 1324sqft | Quntam" Average: 1.23 million (Bare unit) No afternoon sun facing directly RI & RJC

    Maintenance Fee: $286 + $14 (Sinking Fund) = Est. $300.00

    Interested party: Please call Aaron | 90287921

  5. #5
    Reporter's Avatar
    Reporter is offline F01 N54 Sheer Driving Pleasure
    Join Date
    Apr 2008
    Posts
    2,549

    Default

    Quote Originally Posted by proud owner
    oh well ..

    the rafflesia is the Biggest flower in the world (though only found in jungle) ..

    what more can we say about the human rafflesians ?

    they are all great ...
    Quote Originally Posted by jlrx
    Talking about Rafflesia ...



    Rafflesia has broken above $1,000 psf in July 2009 !

    17 July 2009, #15-09 1,324 sf @ $1,035 psf ($1,370,272).

    It seems that Far East is still advertising this project in the papers, until today!

    Wonder how many units they have left?
    Dun pray pray with FEO. They have the holding power.

    $1,035 psf is still lower than Centro and Trevista?

  6. #6
    Join Date
    Apr 2008
    Posts
    1,286

    Default

    Quote Originally Posted by Reporter
    Dun pray pray with FEO. They have the holding power.

    $1,035 psf is still lower than Centro and Trevista?
    Can this be considered as "Self-Induced Centro Effect"?

    After all, both Centro and Rafflesia are from Far East.

    What if Far East buys another site, e.g. the one next to Bishan MRT and then sells it at $2,000 psf?

    Will that cause another "Centro Effect"?

  7. #7
    Reporter's Avatar
    Reporter is offline F01 N54 Sheer Driving Pleasure
    Join Date
    Apr 2008
    Posts
    2,549

    Default

    Quote Originally Posted by jlrx
    Can this be considered as "Self-Induced Centro Effect"?

    After all, both Centro and Rafflesia are from Far East.

    What if Far East buys another site, e.g. the one next to Bishan MRT and then sells it at $2,000 psf?

    Will that cause another "Centro Effect"?
    Err ... "self-feeding spiral" or "SFS" effect?

    i.e. Sell Centro high so Rafflesia can sell high. Since Rafflesia is high, bid high for Bishan new site. Since bid for Bishan new site is high, sell new Bishan condo high. Since new Bishan condo high, Centro can sell high, Since Centro is high, Rafflesia can sell high. Since Raffles is high, new Bishan condo can sell high. Since .........

    ... have to perform <ALT><CTRL><DEL> to stop the infinite loop above ...

  8. #8
    Join Date
    Mar 2009
    Posts
    705

    Default

    Quote Originally Posted by Reporter
    Err ... "self-feeding spiral" or "SFS" effect?

    i.e. Sell Centro high so Rafflesia can sell high. Since Rafflesia is high, bid high for Bishan new site. Since bid for Bishan new site is high, sell new Bishan condo high. Since new Bishan condo high, Centro can sell high, Since Centro is high, Rafflesia can sell high. Since Raffles is high, new Bishan condo can sell high. Since .........

    ... have to perform <ALT><CTRL><DEL> to stop the infinite loop above ...
    LOL (funny one)
    .... yeah, sprial till all dizzy lor

  9. #9
    Join Date
    Jul 2009
    Posts
    81

    Default

    I saw some units there beginning of this year. Owner only asking around $680 psf for some choice units. Did not buy because 12 years out of 99 years tenure already used up, MSCP, road noise very bad for those facing RI & right beside industrial buildings. But the landscaping is very nice & within walking distance to mrt.

Similar Threads

  1. Replies: 2
    -: 27-03-19, 15:19
  2. Can the Condo Mgt legally make a resolution to keep me from parking at condo?
    By Draven005 in forum HDB, EC, commercial and industrial property discussion
    Replies: 23
    -: 24-10-13, 23:31

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •