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Thread: Meadows @ Pierce, former Green Meadows site (D26, Freehold, UOL)

  1. #1
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    Default Meadows @ Pierce, former Green Meadows site (D26, Freehold, UOL)

    Anyone knows more detail about this project? The developper is UOL, and is a freehold property.

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    Quote Originally Posted by maomiko
    Anyone knows more detail about this project? The developper is UOL, and is a freehold property.
    Yup, saw this project while on the way to Singapore Island Country Club. Super big plot of land area. If get a unit there can have Casuarina Prata for supper every night....haha. Quite a quiet and green living environment.

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    any idea on the launch date and the sizes of the units available?

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    mr funny is offline Any complaints please PM me
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    http://www.straitstimes.com/News/Hom...ry_350320.html

    March 15, 2009 Sunday

    Small flats, big sellers

    Demand for smaller space leads developers to downsize units to as tiny as 300-plus sq ft

    By Tan Dawn Wei


    Crowds flocked to a preview of condominium Domus on Friday. Its smallest units are 474 sq ft. -- ST PHOTO: JOSEPH NAIR FOR THE SUNDAY TIMES

    View more photos

    What do you call a space which can fit four hawker stalls?

    In the case of a new property development called Kembangan Suites, the space is called a one-bedroom apartment.

    It is all of 344 sq ft.

    But small is now big. On just the first day of a preview last week, the developer sold out 60 units of mostly one- and two-bedders ranging in size from 344 sq ft to 581 sq ft.

    The smallest units were going for about $300,000.

    Industry sources said demand is coming from local and foreign singles, young couples as well as cost-conscious buyers and investors.

    Before that, Alexis @ Alexandra sold all its 293 units, including 114 one-bedders (366 sq ft to 527 sq ft), with prices from $450,000.

    Other new launches like Mount Sophia Suites in Sophia Road, Nova 88 in Bhamo Road and Zenith in Zion Road are offering studio apartments or one-bedders from 366 sq ft to 484 sq ft.

    Crowds flocked to a preview on Friday of new condominium Domus in Irrawaddy Road. The smallest units there - one-bedders at 474 sq ft each - were going for more than $400,000.

    Its developer, Lakeview Investments, said those were the most popular and all units released in the first phase had been sold.

    'It's the size of a hotel room,' veteran designer Jay Ang said of the new 300-something sq ft homes.

    'You have space only to sleep and eat. There's definitely no place to entertain,' noted the specialist in space planning and storage space customising.

    But while there are no rules on how small apartments can go, designers and architects have to make concessions for standard dimensions, like how wide a door is, how long a bed is or how deep a wardrobe is.

    Developers have quickly cottoned on to this demand for small spaces. Several have rejigged or are considering tweaking their designs and making space for smaller units.

    Sing Holdings' project The Laurels in Cairnhill Road will go from its original 150 units of mostly three- and four-bedders to 290 units that include more one- and two-bedroom units.

    UOL Group may also resize the units of its Green Meadows project in Upper Thomson to attract more cost-conscious buyers.

    Alexis' developer, ECPrime, had done the same before the project's launch.

    City Developments said studio apartments in centrally located projects had always been popular because of the lure of city-living.

    Studio apartments comprised almost 40 per cent of the offerings at its downtown project, The Sail @ Marina Bay, which was completed last year.

    Carving up space for more units is one way a developer can achieve higher dollar per square foot value, said Mr Nicholas Mak, director of research and consultancy at Knight Frank.

    'Developers manage to sell such small units because they make it affordable in absolute terms,' he said.

    But, property pundits said, when apartments continue to shrink and prices per square feet remain high, home-seekers may go back to buying HDB flats and those looking to rent may decide to go for HDB rooms instead.

    The size of private one-bedroom units has halved from 10 years ago.

    HDB flats have downsized too, from about 1,130 sq ft for a four-room in 1987 to 970 sq ft now.

    Still, Singapore homes have not shrunk to the proportions of those in Hong Kong and Tokyo, where apartments can be as tiny as 140 sq ft.

    That is not to say that all buyers are happy with the slimming effect.

    Finance executive Audrey Yap, 35, who is shopping for a bachelorette pad, said: 'I can't afford the bigger apartments but the studio apartments are ridiculously small and claustrophobic. I think I may have to settle for a resale HDB flat.'

    [email protected]

  5. #5
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    Default Keen interest

    I'm really interested in a unit at this development for sentimental reasons. Does anyone know if they are planning 2+1 units? Or have more information about the development? Please PM me.

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    Default MEadows

    I am looking at this Meadows project too. Looking for a 3+1 unit. Anyone has idea when is their launch date?

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    any idea regarding the launch? Any chance for a MRT to be placed near this development? i.e. Thomson station? Where it will be?

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    Default MRT

    I dont think there's going to be MRT line near this project..surrounding are the green and the other side are the low lying private estates.

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    Quote Originally Posted by tick
    I dont think there's going to be MRT line near this project..surrounding are the green and the other side are the low lying private estates.
    ok thanks... just a wild and wishful thought

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    Yah interested in this place also, lush forest and the 2 pierce reservoirs nearby, can jog there everyday, healthy lifestyle.

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    Still no news on the exact launch date??

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    Quote Originally Posted by maomiko
    Still no news on the exact launch date??
    Brief information on the project:
    1) In total, about 400 over units
    2) A variety of 1Bedroom, 2Bedroom, 3Bedroom and 4Bedroom unit types.
    3) Freehold condo
    4) In total 4 blocks. Out of which, 3 blocks are 5 storey high and 1 block is 14 storey tower block.
    5) The existing block will be refurbished,

    yesterday nigh just passed by and saw the already built show hse is lighted again with ppl doing some tidy up..
    Last heard the break even price, aft the en block, is est 500plus..
    given the current price(condo) at the around the vicinity, look like is beyond 700 psf +-

    look like gonna to action soon.

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    That old old tower block still standing will be refurbished?! ... and still sell at brand new condo price??

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    Quote Originally Posted by azeoprop
    That old old tower block still standing will be refurbished?! ... and still sell at brand new condo price??
    I think at old price for there are no construction cost involve.

    Should be at about $500 psf

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    Default meadows

    Wouldn't it look damn ugly and eyesore with an old building??

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    Quote Originally Posted by azeoprop
    That old old tower block still standing will be refurbished?! ... and still sell at brand new condo price??
    their will justify that the overall GFA is integrated as one..last time is a seperate plot and now is combined.

    i believed that the refurbished will be very inetnsive la..internally and ex...

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    Quote Originally Posted by Honesty
    I think at old price for there are no construction cost involve.

    Should be at about $500 psf
    Heard from a Frank Knight Agent today that the price is abt $900 psf.

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    $950 psf? What was the breakeven?? what's their profit margins??

    might as well forget it.

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    Quote Originally Posted by vinlow
    Heard from a Frank Knight Agent today that the price is abt $900 psf.
    So far from town and yet $900 psf, can forget it....

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    Quote Originally Posted by tick
    $950 psf? What was the breakeven?? what's their profit margins??

    might as well forget it.
    UOL paid $400 psf to enbloc the old Meadow Green. With construction cost, analysis estimated breakeven to be abt $560 to $580 psf based on average unit size of 1500sft on 486 units.

    I would expect them to price it abt $750 psf. The nearby Calrose was traded on the low $700+ psf.

    Any bro/sis care to give input on the "reasonable value psf" for this project?

  21. #21
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    Default email from agent

    Attached is the email sent from property agent.

    Meadows @ Peirce unit Type, Size and No of Units
    http://sg.mg60.mail.yahoo.com/ya/dow...1&stationery=1

    Meadows at Peirce (former Green Meadows @ Upper Thomson Road) which comes with 360-degree unobstructed views! This project has been receiving overwhelming enquiries due to the lack of supply in this area. The unsurpassed views is also something no other projects in the market can claim. Expect a sell-out situation!

    The launch are expected to be in end of July and the preview cum pre-booking could be as soon as 3rd week of July.

  22. #22
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    Quote Originally Posted by tick
    Attached is the email sent from property agent.

    Meadows @ Peirce unit Type, Size and No of Units
    http://sg.mg60.mail.yahoo.com/ya/dow...1&stationery=1

    Meadows at Peirce (former Green Meadows @ Upper Thomson Road) which comes with 360-degree unobstructed views! This project has been receiving overwhelming enquiries due to the lack of supply in this area. The unsurpassed views is also something no other projects in the market can claim. Expect a sell-out situation!

    The launch are expected to be in end of July and the preview cum pre-booking could be as soon as 3rd week of July.

    Unless the price is around $700psf, if not i doubt the respond will be good.

    The current capital gain tax news is bad enough to stop investor from buying. Without them, where do we got so many buyers to buy and stay.

    After all this place is quite far away from town. If you don't mind the distance, there are many other older condo around that area asking for much lesser.

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    I think only if u buy units on the high floor of that 14 storey tower block, then u get the good views. The rest of the 5 storey blocks get no views.

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    this is a place for home stay... near the greenery... not too much for investment

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    Quote Originally Posted by azeoprop
    I think only if u buy units on the high floor of that 14 storey tower block, then u get the good views. The rest of the 5 storey blocks get no views.
    Plus some of the unblock views are actually viewing the industrial estates!

  26. #26

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    Meadows @ Pierce

    Launching in 2 weeks
    Book now via appointed marketing agency (Knight Frank)
    Contact me for preview and latest information.

    Location : Upper Thomson Road (near Teachers’ Estate, site of former Green Meadows)

    Tenure: Freehold

    No. of Units : 479

    Type of units : A refurbished tower block (14 stys) comprising 3+study at 1200sqft and studios. 3 blocks of 5-stys with 2-br, 2+Study, 3-br, 4-br and 5-br. See below:



    1-Bedroom ( 499sqft) 4units
    1+1 (526sqft) 48units
    2-Bedroom (975-1229sqft) 86units
    3-Bedroom (1159-1763sqft) 147units
    3+1 (1182sqft) 48units
    4-Bedroom ( 1593-2090sqft) 74units
    5-Bedroom (2485-2679sqft) 15units
    Ground (2641-2686sqft) 8units
    Maisonette
    Penthouse (2030-3053sqft) 4units

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    Default

    Any indicate price?

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    The Panorama @ Ang Mo Kio
    BRAND NEW CONDOMINIUM By Wheelock Properties
    - The Next Anticipated Launch! -


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    Fair value is $750-950 psf, considering it is freehold land


    Quote Originally Posted by vinlow
    UOL paid $400 psf to enbloc the old Meadow Green. With construction cost, analysis estimated breakeven to be abt $560 to $580 psf based on average unit size of 1500sft on 486 units.

    I would expect them to price it abt $750 psf. The nearby Calrose was traded on the low $700+ psf.

    Any bro/sis care to give input on the "reasonable value psf" for this project?

  30. #30
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    Default psf

    Latest seen in the property agent indications:

    $900 psf

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