Results 1 to 26 of 26

Thread: Mont Timah (D21, 99 years LH, Tuan Sing)

  1. #1
    mr funny is offline Any complaints please PM me
    Join Date
    May 2006
    Posts
    8,129

    Default Mont Timah (D21, 99 years LH, Tuan Sing)

    http://www.businesstimes.com.sg/sub/...18340,00.html?

    Published October 9, 2009

    Tuan Sing to launch Mont Timah

    By UMA SHANKARI


    TUAN Sing Holdings, which has acquired a 70 per cent stake in Mont Timah, a boutique residential project at Hindhede Drive, said yesterday it will launch the project soon.

    Tuan Sing announced in August that it would buy 70 per cent of the issued share capital of Maylands Investment from Habitat Properties. Maylands' only major asset is the Mont Timah project.

    Habitat Properties would continue to hold 30 per cent of Maylands, Tuan Sing said back then.

    In an update yesterday, Tuan Sing said it has completed the 70 per cent acquisition and will now launch Mont Timah. It did not give a launch date or prices.

    Analysts say the project is in the upper mid-to-mass market range.

    The 99-year leasehold Mont Timah will comprise 32 strata cluster homes and is near Bukit Timah Nature Reserve.

    'The development offers nature lovers a unique opportunity to live within walking distance of the magnificent terrain of the reserve,' Tuan Sing said in a statement.

    Each unit will have its own lift, the company said. The project, designed by Chan Sau Yan & Associates, has been awarded the Green Mark (Gold) Award by the Building and Construction Authority. A temporary occupation permit is expected at end-2011.

    Tuan Sing shares closed unchanged at 17 cents yesterday.

  2. #2
    Join Date
    Jun 2009
    Posts
    65

    Default

    Mont Timah?
    Name sounds wierd... like trying a bit too hard to make the development sound chic and yet want to associate with Bukit Timah

  3. #3
    Join Date
    Oct 2008
    Posts
    1,493

    Default

    Instead of always just buying Capland, CityDev and Ho Bee, Tuan Sing is definitely worth a buy at current bargain basement prices

  4. #4
    Join Date
    Oct 2008
    Posts
    1,493

    Default

    Footnote: Investors now seem to be waking up to the idea that Tuan Sing is a laggard play that represents excellent value for money!

  5. #5
    Join Date
    Oct 2008
    Posts
    1,493

    Default

    Mont Timah Cheong Ahhh!!!!

  6. #6
    Join Date
    Nov 2008
    Posts
    1,141

    Default

    Any updates?

  7. #7
    Join Date
    Feb 2009
    Location
    峨眉山
    Posts
    5,512

    Default

    Sounds so Malaysian.... machiam Mont Kiara. Maybe should have taken a cue from that and named it Mont Tiara. (at least the T in Timah is preserved yet add that extra touch of crass)

  8. #8
    Join Date
    May 2008
    Posts
    9,277

    Default

    1 more sold at 864psf in may. 19 out of 32 to go.

  9. #9
    Join Date
    Dec 2008
    Posts
    117

    Default

    I actually like this place!

  10. #10
    Join Date
    May 2010
    Posts
    803

    Default

    Are you an agent?
    I find this place S$4m for 99 LH overpriced and populated by monkeys.

  11. #11
    Join Date
    Apr 2012
    Posts
    1,295

    Default

    Quote Originally Posted by mygeemeel
    Are you an agent?
    I find this place S$4m for 99 LH overpriced and populated by monkeys.
    Ppl who buy here I suppose they know about the monkeys and of course, other nature related....too be frank the place is very nice with such close dst to the hill
    I agree that this is overpriced...

  12. #12
    Join Date
    May 2010
    Posts
    803

    Default

    Quote Originally Posted by lajia
    Ppl who buy here I suppose they know about the monkeys and of course, other nature related....too be frank the place is very nice with such close dst to the hill
    I agree that this is overpriced...
    Honestly, we love this place.
    Reasons we didn't buy:
    Not enough money
    Monkeys
    Near hill, destroys furniture easily
    For the money, we can buy landed and freehold

  13. #13
    Join Date
    Apr 2012
    Posts
    1,677

    Default

    Quote Originally Posted by mygeemeel
    Honestly, we love this place.
    Reasons we didn't buy:
    Not enough money
    Monkeys
    Near hill, destroys furniture easily
    For the money, we can buy landed and freehold
    To those who are keen, this one can go for 3.5 easily if you bargain. Look at the lease how long dev holding it

  14. #14
    Join Date
    May 2008
    Posts
    9,277

    Default

    2 more sold at 756 and 804psf. 17 out of 32 to go.

  15. #15
    Join Date
    May 2010
    Posts
    803

    Default

    I have a friend who stays nearby. His place gets robbed by monkeys.

  16. #16
    Join Date
    Mar 2009
    Posts
    6,134

    Default

    Quote Originally Posted by mygeemeel
    I have a friend who stays nearby. His place gets robbed by monkeys.

    The need a fierce dog!

  17. #17
    Join Date
    May 2008
    Posts
    9,277

    Default

    4 more sold in July at 824psf median. 13 out of 32 left.

  18. #18
    Join Date
    Apr 2009
    Posts
    91

    Default

    Quote Originally Posted by bargain hunter
    4 more sold in July at 824psf median. 13 out of 32 left.
    Just received an update from agent, few more units have been sold during weekend and left 6 units

  19. #19
    Join Date
    May 2008
    Posts
    9,277

    Default

    that's fast, 7 sold in aug and last weekend?!

    Quote Originally Posted by HCL
    Just received an update from agent, few more units have been sold during weekend and left 6 units

  20. #20
    Join Date
    Apr 2012
    Posts
    1,295

    Default

    Quote Originally Posted by bargain hunter
    that's fast, 7 sold in aug and last weekend?!
    ya, market is indeed very stong...you just can't imagine...

  21. #21
    Join Date
    Apr 2012
    Posts
    1,295

    Default

    so surprise that there is only 1 unit left?? market really moving very fast.

  22. #22
    Join Date
    Apr 2012
    Posts
    174

    Default

    Quote Originally Posted by lajia
    so surprise that there is only 1 unit left?? market really moving very fast.
    Could it be the rest are tenanted?

  23. #23
    Join Date
    May 2008
    Posts
    9,277

    Default

    a lot were sold last month. 8 sold at 804psf median. 762 to 908psf range.

    Quote Originally Posted by Pynchmail
    Could it be the rest are tenanted?

  24. #24
    Join Date
    Apr 2009
    Posts
    91

    Default

    Quote Originally Posted by bargain hunter
    a lot were sold last month. 8 sold at 804psf median. 762 to 908psf range.
    Received sms from agent. all units are sold! If I compare those condo with town house units which are around $3.4m , Mont Timah is a good buy for own stay (properly not for investment)

  25. #25
    Join Date
    Apr 2009
    Posts
    91

    Default

    Quote Originally Posted by bargain hunter
    a lot were sold last month. 8 sold at 804psf median. 762 to 908psf range.
    Received sms from agent. all units are sold! If I compare those condo with town house units which are around $3.4m , Mont Timah is a good buy for own stay (properly not for investment)

  26. #26
    Join Date
    Apr 2012
    Posts
    1,295

    Default

    Quote Originally Posted by HCL
    Received sms from agent. all units are sold! If I compare those condo with town house units which are around $3.4m , Mont Timah is a good buy for own stay (properly not for investment)
    most were transacted at 3.7mil and at this price, can actually buy 2 cluster of the same size..., but still ppl buy. not sure if the mountain environment really worth a say 2mil??

Similar Threads

  1. Tuan Sing posts $6.8m Q1 net profit
    By reporter2 in forum HDB, EC, commercial and industrial property discussion
    Replies: 0
    -: 09-05-12, 01:15
  2. Tuan Sing to launch Mont Timah
    By mr funny in forum Singapore Private Condominium Property Discussion and News
    Replies: 0
    -: 10-10-09, 05:23
  3. Botanika (D10, Freehold, Tuan Sing)
    By joe in forum District 10
    Replies: 9
    -: 03-04-07, 18:40

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •