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Thread: Rochelle

  1. #1
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    Default Rochelle

    Saw the signboard the other day. Anyone knows if the showflat is still open? For own stay + 3 bedders, what would be a good price given it is a leasehold?

    And I don't think there will be any view with all the condos around it! Am I right?

  2. #2
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    Default rochelle

    the stacks facing Keng Lee road should get some decent views for the high floors. to the right of rochelle is a low rise clubhse, in front is the mid rise makeway apmt. so, you can still get good views from 10th flr above. stacks facing pool will not get views since it faces amarylisville.

  3. #3
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    rochelle sounds like a char boh name!

    who is the developer? where exactly is it? is it next to MIRO by Far East?

  4. #4
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    Quote Originally Posted by Lord Anus
    rochelle sounds like a char boh name!

    who is the developer? where exactly is it? is it next to MIRO by Far East?
    \



    More like chocolate name... its along keng lee road..

  5. #5
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    Yes, very near MIRO.

    Quote Originally Posted by Lord Anus
    rochelle sounds like a char boh name!

    who is the developer? where exactly is it? is it next to MIRO by Far East?

  6. #6
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    Quote Originally Posted by teddybear
    Yes, very near MIRO.
    MIRO is at junction of Keng Lee and Lincoln road entrance, opposite PI. Rochelle is next to MIRO at Keng Lee road, nearer to newton MRT. MIRO is loft and furnishing is quite stylo, black black kind.

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    anyone know take up rate of Rochelle? not much news abt them ... price is reasonable at this time ~$1000psf in prime newton, compared to other developments - near good schools too (SJI, ACS).

    Ascentia sky at redhill ~$1300psf, centro at amk $1000psf .. what are the developers & buyers thinking for these developments???

  8. #8
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    Quote Originally Posted by tkklim
    anyone know take up rate of Rochelle? not much news abt them ... price is reasonable at this time ~$1000psf in prime newton, compared to other developments - near good schools too (SJI, ACS).

    Ascentia sky at redhill ~$1300psf, centro at amk $1000psf .. what are the developers & buyers thinking for these developments???
    If still selling at $1000 psf, it is a very good buy now. Just compare with Centro, AS & Silversea. You will see the difference. Lower price at a much better prime location.

  9. #9
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    Quote Originally Posted by tantan
    If still selling at $1000 psf, it is a very good buy now. Just compare with Centro, AS & Silversea. You will see the difference. Lower price at a much better prime location.
    I think it is selling at 1100 psf and above already...

  10. #10
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    We just went last weekend. 2BR is now $1.3m

  11. #11
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    Seems that ~90units out of 130 units at Rochelle have been sold. mainly larger units (3+1 & 4 bdrms) available now. Prices have indeed gone up to $1200+ psf. Seems to be selling steadily - not too slow but also not like balloting situation for Optima.

    Gone to see Centro over the wkend - show units appear to be a bit cramped. Very convenient - opp MRT & next to hub. but still think $1100+ is a bit of a stretch for this location. also surrounded by HDB high rises.

  12. #12
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    TOP in 1Q2012

    immediate rental potential

    Attractive pricing in D11 $1450psf

    http://mynewtonresidence.com

  13. #13
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    Quote Originally Posted by Ultroman
    TOP in 1Q2012

    immediate rental potential

    Attractive pricing in D11 $1450psf

    http://mynewtonresidence.com
    Starts from less than $1400psf

  14. #14
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    More suckers born each day

  15. #15
    teddybear's Avatar
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    $1400 psf in Newton is sucker?
    How about compare to that Bedok Residences @$1350 psf? Oh my god! Don't know why would anybody buy that location at $1350 psf but spurn $1400 psf in Newton!
    Time will tell whether their decision is smart or not.....

    Quote Originally Posted by JuzMe
    More suckers born each day

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    for this project, after 99 year lease ends, land reverts to the clan association next door.

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    Quote Originally Posted by teddybear
    $1400 psf in Newton is sucker?
    How about compare to that Bedok Residences @$1350 psf? Oh my god! Don't know why would anybody buy that location at $1350 psf but spurn $1400 psf in Newton!
    Time will tell whether their decision is smart or not.....

    Now got 650 suckers in watertown too!

  18. #18
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    For any 99LH project, after 99 year lease ends, land revert back to govt, so what is the different? People still dreaming of en-bloc in OCR where govt has almost endless of GLS land for sale?

    Quote Originally Posted by bargain hunter
    for this project, after 99 year lease ends, land reverts to the clan association next door.

  19. #19
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    well, pple think there will be another farrer court, gilman heights etc. so they do expect an opportunity for en-bloc before the 99 year lease from the gahmen is up. on the other hand, 99 year lease given out by church, clan, FEO has lower probability of even a sniff at en-bloc?


    Quote Originally Posted by teddybear
    For any 99LH project, after 99 year lease ends, land revert back to govt, so what is the different? People still dreaming of en-bloc in OCR where govt has almost endless of GLS land for sale?

  20. #20
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    Got difference. Govt got clear-cut formula on lease topup. And once the enbloc developer pay the amount and requisite approval obtained, chances are the enbloc will go through. For private? Tough man. Imagine developer B go and negotiate with developer A to buy the land or pay for the lease topup. If developer A doesn't want to sell or put sky high price, developer B won't be able to buy. Remember the land belongs to the clan. The lessees (are buyers or this devt) are screwed. Can never enbloc.

    Quote Originally Posted by teddybear
    For any 99LH project, after 99 year lease ends, land revert back to govt, so what is the different? People still dreaming of en-bloc in OCR where govt has almost endless of GLS land for sale?

  21. #21
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    Quote Originally Posted by Wild Falcon
    Got difference. Govt got clear-cut formula on lease topup. And once the enbloc developer pay the amount and requisite approval obtained, chances are the enbloc will go through. For private? Tough man. Imagine developer B go and negotiate with developer A to buy the land or pay for the lease topup. If developer A doesn't want to sell or put sky high price, developer B won't be able to buy. Remember the land belongs to the clan. The lessees (are buyers or this devt) are screwed. Can never enbloc.
    Is this the reason why Rochelle prices are relatively low ($1200-1400pfs) compared to other 99LH projects in novena/newton ,Soleil ($1500-$2000pfs) and Amaryllis ($1300-$1600pfs)? Why are Soleil prices (novena) so much higher than Amaryllis (newton)? Is there a similar catch somewhere also?

  22. #22
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    Quote Originally Posted by ekl2ekl2
    Is this the reason why Rochelle prices are relatively low ($1200-1400pfs) compared to other 99LH projects in novena/newton ,Soleil ($1500-$2000pfs) and Amaryllis ($1300-$1600pfs)? Why are Soleil prices (novena) so much higher than Amaryllis (newton)? Is there a similar catch somewhere also?
    I would believe buyers in general prefer newly TOP projects and new launches and it also has more marketing exposure. Older resale is often overlooked

  23. #23
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    also, novena mrt has a mall on top while there isn't any at newton (and quite a difficult route to walk from amaryllis to newton mrt anyway).

    similar concept to the watertown, bedok resi play except soleil is not exactly integrated but close enough.

    Quote Originally Posted by ekl2ekl2
    Is this the reason why Rochelle prices are relatively low ($1200-1400pfs) compared to other 99LH projects in novena/newton ,Soleil ($1500-$2000pfs) and Amaryllis ($1300-$1600pfs)? Why are Soleil prices (novena) so much higher than Amaryllis (newton)? Is there a similar catch somewhere also?

  24. #24
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    Another possible reason is the land is leased from the clan. Thus the chance of enbloc in future is also questionable .
    For rental yield should be ok .

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