VVIP today... any updates? Or agents to busy signing OTPs??
Junior
VVIP today... any updates? Or agents to busy signing OTPs??
F01 N54 Sheer Driving Pleasure
54 units at Holland Residences sold
Kalpana Rashiwala
The Business Times
Friday, 29 January 2010
The home buying buzz continues at showflats. Allgreen Properties is said to have sold 54 units at its Holland Residences condo at Taman Warna released this week. The average price of the 68 units released in the 83-unit project is $1,625 psf; but the figure is weighed down by private enclosed spaces for ground-floor units in the 5-storey freehold project.
Singaporeans bought 80% of the units sold, says Joseph Tan, executive director at CB Richard Ellis, which is marketing the project.
Holland Residences: The average price of the 68 units released in the 83-unit project is $1,625 psf; Singaporeans bought 80% of the units sold.
In a more upscale location, a joint venture between BBR Holdings and SP Tao’s Shing Kwan Pte Ltd has sold 7 of the total 16 units at its 6-storey freehold 8 Nassim Hill project since last Friday. The development is expected to receive Temporary Occupation Permit at the end of March this year.
The project comprises 8 townhouses and 8 penthouses – all of them triplex units spanning across 3 levels. The townhouses occupy the project’s lower 3 levels and range from about 4,200 sq ft to 4,500 sq ft, while the penthouses, which are on the upper three storeys, are about 3,200 sq ft each. Each of the 16 units has its own swimming pool; each townhouse also has its own garden at the back.
The 16 units are priced between $3,100 psf and $3,400 psf or $11 million - $14 million apiece. Singaporeans bought 2 of the 7 units sold so far; the other 5 were picked up by foreigners – from Europe and Hong Kong.
In the Beach Road area, Hong Fok Corporation is said to have recently released upper-floor units at its 99-year leasehold Concourse Skyline priced at $2,200 psf to $2,400 psf. The 360-unit development reaches up to 43 storeys.
Over at Holland Residences, 1-bedroom units (601 sqft) and 2-bedders (ranging from 957 to 979 sqft) were the first to be snapped up at this week’s preview.
The project also has 3- and 4-bedroom units as well as penthouses. Prices of 1-bedders start from $1.06 million. 2-bedders cost between $1.63 million and $1.73 million. The most expensive units sold was $3.6 million for a 4-bedroom duplex penthouse.
The average price of $1,600 psf for Holland Residences is higher than the $1,500 psf at which Ho Bee is selling its nearby Parvis, a 12-storey condo at Holland Hill.
However, there are no 1-bedroom units in Parvis; developers typically can command a higher psf price for smallish units as the lumpsum amount is still relatively small.
Hence the tendency among some developers to build projects with a higher proportion of smallish units to achieve a higher overall average psf price for the development.
At a Knight Frank auction yesterday, a 1,206 sqft unit on the 10th floor of Leedon 2 changed hands for $1.38 million or $1,144 psf. Leedon 2, a freehold development, is said to be more than 20 years old.
Junior
ok so it was busy signing OTPs
Originally Posted by Reporter
54 units at Holland Residences sold
Kalpana Rashiwala
The Business Times
Friday, 29 January 2010
The home buying buzz continues at showflats. Allgreen Properties is said to have sold 54 units at its Holland Residences condo at Taman Warna released this week. The average price of the 68 units released in the 83-unit project is $1,625 psf; but the figure is weighed down by private enclosed spaces for ground-floor units in the 5-storey freehold project.
Singaporeans bought 80% of the units sold, says Joseph Tan, executive director at CB Richard Ellis, which is marketing the project.
Holland Residences: The average price of the 68 units released in the 83-unit project is $1,625 psf; Singaporeans bought 80% of the units sold.
In a more upscale location, a joint venture between BBR Holdings and SP Tao’s Shing Kwan Pte Ltd has sold 7 of the total 16 units at its 6-storey freehold 8 Nassim Hill project since last Friday. The development is expected to receive Temporary Occupation Permit at the end of March this year.
The project comprises 8 townhouses and 8 penthouses – all of them triplex units spanning across 3 levels. The townhouses occupy the project’s lower 3 levels and range from about 4,200 sq ft to 4,500 sq ft, while the penthouses, which are on the upper three storeys, are about 3,200 sq ft each. Each of the 16 units has its own swimming pool; each townhouse also has its own garden at the back.
The 16 units are priced between $3,100 psf and $3,400 psf or $11 million - $14 million apiece. Singaporeans bought 2 of the 7 units sold so far; the other 5 were picked up by foreigners – from Europe and Hong Kong.
In the Beach Road area, Hong Fok Corporation is said to have recently released upper-floor units at its 99-year leasehold Concourse Skyline priced at $2,200 psf to $2,400 psf. The 360-unit development reaches up to 43 storeys.
Over at Holland Residences, 1-bedroom units (601 sqft) and 2-bedders (ranging from 957 to 979 sqft) were the first to be snapped up at this week’s preview.
The project also has 3- and 4-bedroom units as well as penthouses. Prices of 1-bedders start from $1.06 million. 2-bedders cost between $1.63 million and $1.73 million. The most expensive units sold was $3.6 million for a 4-bedroom duplex penthouse.
The average price of $1,600 psf for Holland Residences is higher than the $1,500 psf at which Ho Bee is selling its nearby Parvis, a 12-storey condo at Holland Hill.
However, there are no 1-bedroom units in Parvis; developers typically can command a higher psf price for smallish units as the lumpsum amount is still relatively small.
Hence the tendency among some developers to build projects with a higher proportion of smallish units to achieve a higher overall average psf price for the development.
At a Knight Frank auction yesterday, a 1,206 sqft unit on the 10th floor of Leedon 2 changed hands for $1.38 million or $1,144 psf. Leedon 2, a freehold development, is said to be more than 20 years old.
Newbie
Allgreen Properties is also believed to have sold a total 62 units from its preview of Holland Residences last week. The average price is $1,625 psf.
F01 N54 Sheer Driving Pleasure
Top selling private properties in January
AsiaOne
Thursday, 4 February 2010
For the month of January, Far East Organization is believed to have been the top seller, with sales of close to 300 units. Its bestseller was The Shore Residences, a 103-year-old condominium project on the former Rose Garden site in Katong. Far East is understood to have sold over 140 units in the project last month. - Photo: FEO
For the month of January, Far East Organization (FEO) is believed to have been the top seller, with sales of close to 300 units.
CB Richard Ellis executive director (residential) Joseph Tan says: 'Generally, buyers are showing more interest and there's acceptance that prices have bottomed out with a strong likelihood of growth. Developers in their pricing policy should also leave room for capital appreciation for investors.'
Allgreen Properties is also believed to have sold a total 62 units from its preview of Holland Residences last week. The average price is $1,625 psf. -- Photo: CBRE
Allgreen Properties is also believed to have sold a total 62 units from its preview of Holland Residences last week. The average price is $1,625 psf.
F01 N54 Sheer Driving Pleasure
$1,843 psf is surely a good start for Holland Residences.
Private Residential Units Sold in the Month of January 2010
Project Name ...... Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
Holland Residences . CCR ....... 63 ........................ 63 .......................... 1,843 ........... 1,694 ........... 1,466
F01 N54 Sheer Driving Pleasure
Wow!
Holland Residences has a nëw hďgh of $1,889 psf now!
Private Residential Units Sold in the Month of January 2010
Project Name ...... Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
Holland Residences . CCR ....... 75 ........................ 13 .......................... 1,889 ........... 1,568 ........... 1,520
F01 N54 Sheer Driving Pleasure
Sorry! Prices above are for February 2010 - not January 2010.
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