The Interlace (D3, 99 years Leasehold, CapitaLand)

[focus]

At the site. In an actual apartment.

WOW! Like that must go and see liao!
Very nice to go see the actual thing.

Open this weekend or now can go already?

[investor77]

WOW! Like that must go and see liao!
Very nice to go see the actual thing.

Open this weekend or now can go already?

I am told opening on Saturday. Also heard the prices will go up. So if you go, pls let us know the new prices.

[Riverund]

Hi guys, great job on Interlace discussion.

Guess units so hot that developer asking for +26% price increase at the new showroom for the leftover units.

Guess Singapore's 1.1% GDP shrinkage in Q2 just bounced off resilent Singaporean and the weaker Sing translate to "let's play more then...".

[panamera]

Is that right? 26% increase is wow...

[tigger13]

Just came from the new show flat. Which is a townhouse or garden house. 3300sqft at 1000psf. $3.3miliion. Only 3 bedders left with the cheapest being 1600+sqft at 2.2million @14XXpsf with 10% discount... one of my shortest visits to a show flat. No deals here.

[panamera]

Just came from the new show flat. Which is a townhouse or garden house. 3300sqft at 1000psf. $3.3miliion. Only 3 bedders left with the cheapest being 1600+sqft at 2.2million @14XXpsf with 10% discount... one of my shortest visits to a show flat. No deals here.

What is the size of the liveable space, minus the garden and pES?

Going to dropby tom if it does not rain.

[panamera]

Just came from the new show flat. Which is a townhouse or garden house. 3300sqft at 1000psf. $3.3miliion. Only 3 bedders left with the cheapest being 1600+sqft at 2.2million @14XXpsf with 10% discount... one of my shortest visits to a show flat. No deals here.

Went to check out the garden house today. It is pretty nice, but for that price, will have to consider a FH landed.

[investor77]

Only 4 units sold by the developer in June. Let's see if the new showflat increases momentum, or if the price increase tapers it away...

[eseko1]

went to view the showroom, the actual size of each room is actually pretty decent

[investor77]

So what's the PSF range for a 3 BR after the discount?

[investor77]

Some recent pics of the site.

[carbuncle]

very nice indeed

[Noexit]

Hee look like container slacking on one another.
Wonder anyone had any idea is the showroom still there or had to call to make arrangement?

Some recent pics of the site.

[panamera]

Hee look like container slacking on one another.
Wonder anyone had any idea is the showroom still there or had to call to make arrangement?

Yes it is open, and at an actual garden house unit. Can walk in. Pretty quiet.

[azeoprop]

Actually looks more like some university or science institute campus than a condo...

[carbuncle]

suitable as BCA or URA office

[phantom_opera]

this project was on my radar ... pity is odd shape unit ... but not worse than D Leedon

now almost all projects at my radar pricing is running up so looks like no hope during this cycle anymore

[ekl2ekl2]

Interlace is one project where either one likes it or hates it.
Some say it is like a shipyard/container while others think it is an architectural marvel. Those who do not like odd corners will pass this project.

Whatever the arguments, the truth to neutrals will be clearer when it is completed. At 1000-1200$pfs, not much downside risk really compared to the 1500-1600pfs in some suburban condos.

[panamera]

My gut feel says it will be a hit when it is completed. The units i saw did not have weird corners and fit for my purpose.

[carbuncle]

it loooks nice and avant garde and cute.

too bad lasts 99yrs only max.

[phantom_opera]

for investment should be ok but who seriously think of staying at the lower stack where the upper stacks block sun light and cast a big stressful field on you?? and the sharp edges pointing to each other is a bad fengshui too

also certain unit will be hanging in the air ...floating sort of

the plus points are more space for landscaping/plenty of facilities/proximity to Vivo, so to rent out is good, own stay no no

[carbuncle]

some people feet were never planted in the ground in the first place....

[wilander]

for investment should be ok but who seriously think of staying at the lower stack where the upper stacks block sun light and cast a big stressful field on you?? and the sharp edges pointing to each other is a bad fengshui too

also certain unit will be hanging in the air ...floating sort of

the plus points are more space for landscaping/plenty of facilities/proximity to Vivo, so to rent out is good, own stay no no

Other than those stacks you mentioned, the others should be okay? I find the layouts squarish and practical. Still considering whether to get a 3 bedroom for own stay, but quantum out of my reach and all 2 bedrooms are gone. Wife is keen on Anchorage and Ascentia Sky, but I find that stretch a bit "crowded" plus Anchorage is old and the Sky's layout I dislike.

[Allthepies]

How many total units sold?

[investor77]

How many total units sold?

According to URA, 731 units sold out of 900 launched till end June.

[bargain hunter]

3 more sold at 987, 1216 and 1277psf in July. final 306 units to go. all big units?

[phantom_opera]

I wonder Liew will eventually partition all the remaining unsold big units at Interlace, D Leedon and SH to smaller units or not .. of course his min standard is 600sqft

[bargain hunter]

cannot split units i think. only option is to turn 4 bedders into 5 bedders and 5 bedders into 6 bedders, hence creating more "Value"

I wonder Liew will eventually partition all the remaining unsold big units at Interlace, D Leedon and SH to smaller units or not .. of course his min standard is 600sqft

[investor77]

So based on people's experience, when do you think this project will TOP? The official date is June 2014.

[hanafi_d2000]

So based on people's experience, when do you think this project will TOP? The official date is June 2014.

not experience. but if the project is averaging the top so far released by capitaland quarterly results, it looks like mid 2013. Of course if could be faster since the superstructures seemed to have been largely done. Not sure how long they'll take to spruce up the environs and the undergrd carpark