New Project @ D19 Serangoon (Near Highland Road)

[sleek]

[sleek]

Anyone went for the Preview? How's the sales of the 81 units?

[Reporter]

Frasers Centrepoint sold half of Residences Botanique at average $1,000 psf
CDL poised to preview Cube 8 at average $1,250 psf. Allgreen expected to launch sales next week at 83-unit Holland Residences.
Kalpana Rashiwala
The Business Times
Tuesday, 19 January 2010


Residences Botanique: Frasers Centrepoint has so far sold 42 of total 81 units in Yio Chu Kang condo, at average price of about $1,000 psf

CDL is expected to begin previewing its Cube 8 condo on Thomson Road this week; the average price is tipped to be at about $1,250 psf.

Next week, Allgreen Properties is expected to start sales at the 83-unit Holland Residences, a 5-storey condo at Taman Warna. The average price could be around $1,600 psf, some market watchers suggest. Both projects are freehold.

Meanwhile, Frasers Centrepoint has sold 42 of the total 81 units at its Residences Botanique, a 5-storey freehold condo at Yio Chu Kang/Sirat roads opposite Serangoon Stadium. The average price is about $1,000 psf. The developer held a 1-day private preview in early December and began its 'official preview' on 9 January 2010.

'Units were sold at prices ranging from $844 psf to $1,262 psf. The buyers were mostly Singaporeans and PRs. About half of the buyers had HDB addresses, with the other half residing in landed properties and condos in a catchment area stretching from Serangoon Gardens to Kovan,' said Frasers Centrepoint COO Cheang Kok Kheong.

Units range from 1-bedroom-with-study to 4-bedroom duplex apartments. The 1 and 2-bedders were the most popular although the developer has started to sell the bigger units as well, Mr Cheang added.

At Thomson Road, on the site of the former The Albany and Thomson Mansion, CDL will develop Cube 8, a 36-storey condo comprising 177 units. The project is next to the group's earlier project, The Arte at Thomson, which it began selling in March last year at an average price of about $880 psf; by May, CDL had revised the pricing to about $900 psf on average. 6 units are still available in the 336-unit project, according to government data on developers' December sales.

While the two projects are next to each other, The Arte is in District 12 while Cube 8 is in District 11 - one of Singapore's 3 traditional prime districts. A property consultant who is not involved with marketing Cube 8 described the $1,250 psf reported average price for the development as 'aggressive but achievable'. He noted that in the secondary market, owners of upper floor units in Sky @ Eleven - a 43-storey development which offers better views of the Singapore Polo Club and surrounding greenery - are asking $1,400 psf and above.

Cube 8 includes 39 1-bedroom units, 68 2-bedders, 57 3-bedders, 9 4-bedroom apartments and 4 penthouses or sky villas. Prices of 1 bedroom units, which will have an area of about 560 sqft, are expected to start from about $730,000. 3-bedders, which will be 1,335 to 1,475 sqft, will cost $1.6 million to $1.9 million. The sky villas will likely be priced above $3.5 million apiece.

Holland Residences comprises mostly 3- and 2-bedroom apartments, although there are also 17 penthouse units.

[Reporter]

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.'


Frasers Centrepoint sold a total 102 units last month, including 43 units at its Residences Botanique in the Yio Chu Kang/Sirat roads area. -- Photo: Frasers Centrepoint

Frasers Centrepoint sold a total 102 units last month, including 43 units at its Residences Botanique in the Yio Chu Kang/Sirat roads area.

[DuffyDuck]

Good News for those who own property around the area. Price had been lock out for years and now its alive .....

Hope to see new records on Botanique and Wembly Residences SOON !

[Reporter]

Good News for those who own property around the area. Price had been lock out for years and now its alive .....

Hope to see new records on Botanique and Wembly Residences SOON !

Well! Congratulations! Your wish has certainly come true.

With a hïgh of $1,246 psf, Residences Botanique has not only set a nëw hïgh for District 19 but has also just joined the OCR $1,200+ psf Club (whose members include Centro Residences, Trevista, Hundred Trees, Meadows @ Pierce, Serangoon Avenue 3 and Upper Thomson Road).



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
Residences Botanique . OCR ........ 42 ........................ 32 ......................... 1,246 ........... 1,015 ............ 844

[Reporter]

Sorry! My bad!
Glasgow Residence has the honour of setting the nëw hïgh for District 19 with $1,285 psf - not Residences Botanique.


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
Glasgow Residence . OCR ....... 6 .......................... 6 ........................... 1,285 ........... 1,219 ........... 959

[2824]

Went down to the tiny showflat (if you can call it a showflat, when thay only have a kitchen, living room & toilet for view. no bedrooms of anysort). Not too impressed with finishings, think they are selling based on location, which speaks for itself.

1 studio unit left priced at $688k for 517 psf, guess that will be the new high if sold.

[fclim]

Hi,

Is it that near to NEX Shopping Mall and Serangoon MRT? From the map, the development looks like it is at least 1km away.

[fclim]

Hi,

Is it that near to NEX Shopping Mall and Serangoon MRT? From the map, the development looks like it is at least 1km away.

[DuffyDuck]

FCLIM: It is very near. 8 min walking Distance.2 min drive if there is no traffic lights or traffic 2 Bus stop away from the project mention

[2824]

According to the brochure, it is a 10 mins walk. But it is not sheltered so must be prepared to brave the elements. It might be ok to walk back after work in the evenings.

[Reporter]

Well! Congratulations! Your wish has certainly come true.

With a hïgh of $1,246 psf, Residences Botanique has not only set a nëw hïgh for District 19 but has also just joined the OCR $1,200+ psf Club (whose members include Centro Residences, Trevista, Hundred Trees, Meadows @ Pierce, Serangoon Avenue 3 and Upper Thomson Road).



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
Residences Botanique . OCR ........ 42 ........................ 32 ......................... 1,246 ........... 1,015 ............ 844

Sorry! My bad!
Glasgow Residence has the honour of setting the nëw hïgh for District 19 with $1,285 psf - not Residences Botanique.


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
Glasgow Residence . OCR ....... 6 .......................... 6 ........................... 1,285 ........... 1,219 ........... 959

Please be prepared to vacate the OCR $1,200+ psf Club (whose members include Residences Botanique, Glasgow Residences, The Vision, Centro Residences, Trevista, Hundred Trees, Meadows @ Pierce, Serangoon Avenue 3 and Upper Thomson Road) soon!

We may need to rename it to OCR $1,300+ psf Club soon!

Why? What do you mean by why?
Look!
The nëw hïgh for District 19 is now $1,333 psf - not $1,2xx psf!


Private Residential Units Sold in the Month of February 2010
Project Name .......... Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
Residences Botanique . OCR ....... 135 ....................... 11 .......................... 1,333 ........... 1,063 ........... 910

[greenhorn]

Halo Reporter,

Distorted news reporting lah...

For RB, Feb sales was 13 units and sales to date was 53 units only. NOT 11 and 135 as you reported. But $1333 is sure correct

[Reporter]

Halo Reporter,

Distorted news reporting lah...

For RB, Feb sales was 13 units and sales to date was 53 units only. NOT 11 and 135 as you reported. But $1333 is sure correct

Thanks for correcting my mistake.

I may have accidentally mistyped some wrong numbers over the correct ones.

[nana]

the record high psf$ could be for 1 or 2 bedder unit? juz wonder.

[2824]

should be 1 bedder.

Just think there are too many new launches at D19, that is why prices below that of Vision in terms of psf although location might be better (eg kovan residence).
There is this one, wembly, kovan residence, suites @ kovan, primo, poh huat road west one, glasgow residences, (huge) minton crescent one. Not forgeting the site at YCK (to Far East), Sengkang (to CDL) and Buangkok EC (to Frasers). Too much for mkt to digest esp since price is not cheap.

[nana]

should be 1 bedder.

Just think there are too many new launches at D19, that is why prices below that of Vision in terms of psf although location might be better (eg kovan residence).
There is this one, wembly, kovan residence, suites @ kovan, primo, poh huat road west one, glasgow residences, (huge) minton crescent one. Not forgeting the site at YCK (to Far East), Sengkang (to CDL) and Buangkok EC (to Frasers). Too much for mkt to digest esp since price is not cheap.

Thanks 2824 for your reply.

There is news article on SinMin paper fews days ago stating that property agents forecast of 10~15% increase in nearby housing after NEX open next year. Wondor this price already factor in to the current selling price of RB or not?

If it hasn't, may be should lookout for one ..... anyone know ?

[Reporter]

Private Residential Units Sold in the Month of March 2010
Project Name ....... Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
Glasgow Residences . OCR ....... 14 ........................ 8 ........................... 1,192 ............ 1,146 ........... 1,120

[Latio]

Wa L**!
D19 selling 1200 to 1300psf...
Xiao liao

[sleek]

Progress On Site For Residences Bontanique As At March 2010
S/N Items Progress Status
1 Foundation Work In Progress
2 Reinforced Concrete Framework Nil
3 Brick Walls Nil
4 Ceilings Nil
5 Door and Window Frames Nil
6 Car Parks, Roads and Drains Nil
7 TOP issued Nil

[rc_koh]

Last 2 Units of 3-Bedders! Call 9431-8113 to enquire now!

[sleek]

Progress On Site For Residences Botanique As At End August 2010
S/N Items Progress Status
1 Foundation Work In Progress
2 Reinforced Concrete Framework In Progress
3 Brick Walls Nil
4 Ceilings Nil
5 Door and Window Frames Nil
6 Car Parks, Roads and Drains Nil
7 TOP issued Nil

[sleek]

Progress On Site For Residences Botanique As At End October 2010
S/N Items Progress Status
1 Foundation Work In Progress
2 Reinforced Concrete Framework In Progress
3 Brick Walls Nil
4 Ceilings Nil
5 Door and Window Frames Nil
6 Car Parks, Roads and Drains Nil
7 TOP issued Nil