Originally Posted by moomooteo
The road is now open
Originally Posted by moomooteo
The road is now open
Drum roll.... we now have the name of the H condo...
Hedges Park @ Flora Road! Launching Soon!
Close to Changi Airport, Changi Business Park
Developer: Hong Leong
Total No. Of Tower: TBA
No. Of Storey: TBA
Total No. Of Unit: 500 luxurious units.
Tenure: Leasehold 99 years
Address: Flora Road/Upp Changi Road
District: 18
Hedges Park Lifestyle Condo Facilities:
Hedges Park Unit Type:
1 bed
2 bed
2 +study
3 bed
3+ study
4 bed
PentHouse
*Please note all infos given are estimated figures only. Subject to Changes anytime*
More Info to Be Released Soon!
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Personally, I thought Hibiscus or what may be a more classy name... now it's just a hedge so LC omg...
how come only 99 years?Originally Posted by mcmlxxvi
GLS awarded on 30 Apr 10 to Tripartitie. Price : $3542 psm
GLS land. That is why 99LH
Any news on the launch price?? It will be great is it is above $900psf like H2O. Will definitely help to push up the price of Gale.
high chance 9xxpsf but tat doesnt mean gale price will go up...coz still goto compare and compete with the rest of the older projectsOriginally Posted by dlam
I think that The Hedge if launched at above 900psf will definitely push up Gale prices. This is due to one FH and the other 99LH. However, my feel is that it will only launch at max high 8XX psf for large format and 1000++ psf for the small formats units (1 bedders). This is the first 99LH in the area. All other projects are either 999 or FH.Originally Posted by devilplate
The older projects in Flora, with Ferraria Park behind the latest to be completed is transacting at about 850psf for large format units.
With Gale still BUC, It will move towards the 9++ psf but nearer to TOP.
Sad...these A to G condos used to be the indicative cheapest FH land in Singapore....now also 900psf liaoz....
At this kind of pricing, NV residences is a much better buy. At least it is walking distance to a MRT station.
If wan to compare on just pricing, than no end as per below examples.
Oasis @Elias better than NV (got mall beside mah and cheaper)
NV better than H20 (becos cheaper and near MRT)
Livia better than NV ( similar pricing but soon TOP)
All these comparison are not apple to apple comparison and I believe many will disagree to my comparisons.
This area is still the cheapest FH land in Singapore. Abit with inflation, prices have went up and have not maintained at previous level.Originally Posted by azeoprop
Upper Bukit Timah Prices is now higher with The Lanai and Hillvista @ 1K+ psf level.
Geylang area is the still cheapest pricing. Canne Lodge is in between HDBs and walking distance and is still <900 psf.Originally Posted by moomooteo
geylang still cheapest..sort of agree...some FH older apts without any facilities ard 6xxpsf only...Originally Posted by Fleur
Flora road condos are cheap for many reasons:
- no amentities
- no MRT although Tampines East MRT is coming up, but it would not be walking distance
- near factories
- small road filled with very condos (very hard to even get cabs)
- far from city
u nvr mention prison...heheOriginally Posted by Fleur
Confused. Flora area condo is cheap or expensive?In one thread, u say Geyland cheaper. In another, u say Flora area is cheap. Quote "small road filled with very condos (very hard to even get cabs) ". Have u stayed in this area before? U sure hard to get cab?Originally Posted by Fleur
i tink she/he meant flora is cheap for a reason and geylang FH apts is still the cheapest in whole SG ...heheOriginally Posted by moomooteo
Geyland is cheap for a well known reason. If u have a family, will u want to live in Geyland. U still can get 6xxpsf in Flora. Ballota Park is @ this pricing level.Originally Posted by devilplate
I know of people who stay in Flora Road. When they tried to sell the condos, takes very long to sell. Like it or not, the issue of cabs is a real thing. When cabs turn out from the airport, they tend to go to Tampines Ave 7 not Flora road.Originally Posted by moomooteo
I know of someone who bought Ballota penthouse. Until today at this pricing, it is still below his buying price.
Firstly, cabs are fluid and got timing. They will be at spots where they will have better chance of getting passenges for that period.Originally Posted by Fleur
In weekday morning (7am -8am), there is a lot of cabs. However, in the afternoons, yes there are not much cabs around. In the evenings from 6-10pm, there is no issue of cabs as a lot of cabs dropoff passenges in the nearby condos.
Secondly, as to issue of your friend's pricing of penthouse.
158 Mariam Way #05-02
Freehold
$656
1701
$1115k
31 Jan 11
You friend must have got it as subsale today's pricing is higher than launch.
Nowaday the developer is getting very smart. They will use stuff like funiture voucher, better interior finishing to push up the price. So 9++psf should be achievable. If so, the Gale should go up. It is a trend in A-G condo, Gale push up the price of Ferraria when it is launched.Originally Posted by moomooteo
There are reports of a potential housing tsunami coming in 2013 or 2014 where there will be an oversupply of houses. This will push house prices and rental southwards. Do not be surprised that the psf in flora area may dip to 600 plus or 700 plus.
Yes, the older projects are now trading at these levels, do not need the oversupply story to make this happen.Originally Posted by sswh218
But for the newer project, all bought at 700+ psf from developer. U mean all will lose their pants and sell below cost? Maybe a few firesale possible, for those flippers who need to get rid of their holdings. These are what a lot of sideliners are waiting for.
Location location location. Poorer location will tend to have more firesales.
You will be surprised. Some lorongs are very decent. At lor 3,there are even HDB flats.Originally Posted by moomooteo
The H Condo is starting to bring up the price of condo around the area. Edelweiss Park just had a transaction of 808psf for 1249sqft apartment - should be a record for the year. The Gale just had one transaction that is 866psf. Good sign ...
More good signs will come when the H condo is a success and the land opposite Ferraria Park is won by FEO . HUAT Ha..........Originally Posted by dlam
FEO was runnerup for the H plot bidding last yr... pray they do well this yrOriginally Posted by moomooteo
FEO will probably go for the land after the Hedges Park and the land beside Ferraria Park. When tat happen then it should be good for all the condos over the A to G...Originally Posted by toiletsiao