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Thread: Starlight Suites, River Valley Close, District 9, Meadow Property

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    Default Starlight Suites

    http://www.businesstimes.com.sg/sub/...51777,00.html?

    Published September 25, 2009

    Hundred Trees condo priced at $895 psf

    By KALPANA RASHIWALA


    CITY Developments Ltd (CDL) is said to have begun selling the first phase of the 956-year leasehold Hundred Trees condo in the West Coast area at an average price of $895 per square foot.


    In full bloom: The development takes its name from some 100 pink mempat trees that will line the project's walkways

    Buyers can opt for an interest absorption scheme (IAS) - but they'll have to pay 2.5 per cent more.

    About 150 of the project's total 396 units are believed to have been released under the first phase.

    Sales to former owners of the Hong Leong Garden Condominium - from whom CDL bought the site through a collective sale in 2007 - began yesterday. CDL staff as well as special guests were also invited to purchase units at Hundred Trees yesterday.

    The preview for other buyers who had pre-registered interest in the development begins today.

    BT understands that one and two-bedroom apartments, and two bedroom-plus-study units make up around 40 per cent of total units in the 12-storey condo.

    Prices of one-bedders, which are about 485 square feet, begin from over $500,000. Two bedders range from 690 to 786 sq ft while two-plus-study units are between 915 and 1,227 sq ft.

    'With a relatively large proportion of smaller units, the absolute price quantum per unit has been kept relatively affordable,' a market watcher said.

    Hundred Trees' average price is below earlier expectations in some quarters of about $930-$980 psf.

    However, it is higher than the recent transactions in the West Coast area, noted analysts. Over the past few months, units at Botannia and Carabelle (both completed this year) have sold at a median price of about $800 psf while units at The Parc Condo, which is still under construction, have changed hands at a median price of about $850 psf, according to caveat data.

    Analysts' estimates of CDL's pre-tax earnings from Hundred Trees vary widely, from about $75 million to $135 million, depending on the efficiency ratio (ratio of the project's total saleable area to gross floor area) and construction cost assumptions.

    CDL paid $131.5 million for the 266,076 sq ft Hong Leong Garden Condominium plot. This worked out to about $363 psf of potential gross floor area inclusive of development charge, which was reported at about $23 million at the time.

    The site is zoned for residential use with a 1.6 plot ratio. Some analysts have suggested that CDL's breakeven cost could be below $700 psf.

    Hundred Trees takes its name from some 100 pink mempat trees, dubbed the local version of Japan's sakura or cherry blossoms, that will line the project's walkways. The location is popular with the Japanese community; there are Japanese schools nearby and Japanese restaurants in the Hong Leong Garden Shopping Centre next to the Hundred Trees site.

    Although IAS was scrapped on Sept 14, a developer can still offer the scheme for a project if the developer and its partner bank have entered into an agreement before that date to offer IAS for the project and the developer has already offered units in the development for sale under IAS before the same date.

    Other projects expected to be previewed in the coming weeks include Far East Organization's Alba, a 50-unit project at Cairnhill Rise that will have a 'white plan' similar to the group's Boulevard Vue project at Cuscaden Road where apartment layouts can be customised to individual buyers' preferences.

    Far East is also expected to preview soon its 278-unit freehold Cyan condo at Keng Chin Road in Bukit Timah.

    Starlight Suites at River Valley Close and Ho Bee's Trilight at Newton Road are also expected to be released soon.

  2. #2
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    Very high profit margin for CDL ...

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    Quote Originally Posted by august
    Very high profit margin for CDL ...
    The only way to bargain is....

    DON'T BUY NOW !!!!!!!

    No buyer mean No sales....

    No increase in price......

  4. #4

    Default Starlight Suites, River Valley Close, District 9, Meadow Property

    Singapore New Launch Property coming to River Valley Area



    Starlight Suites @ River Valley



    Launching Very Soon
    Register for 1st Priority Private Preview Invitation and Updates


    Perfect Environment, Excellent Investment Location
    Chic, Stylish and Exquisite Lifestyle Living
    Beautiful 35 Storey Iconic Architecture Landmark


    1 Block, 35 Storey, 105 units of Spacious Condo Units
    Consist of Spacious 1, 1+Study, 2, 3+study and Penthouses

    Freehold in Highly sought after address in Singapore
    35-storey Modern Contemporary Tower Architecture Design.
    Exclusively only 105 apartments, only 4 units per floor
    Every unit is a corner unit, with the windows & balconies opening it allows natural light and air to the apartment.
    Prices are affordable, Low quantum.
    Spacious and efficient layout for every unit
    Good spread of different layout for different needs
    Panoramic View to Orchard Shopping belt
    Private Lift access to units
    Close to many prestigious schools and River Valley Primary.
    2 mins drive or 3 bus-stops to Orchard Shopping Belt
    2 mins drive to Clarke Quay, Diamaru and Central Shopping Mall
    5 mins drive to future Marina IR, Singapore Flyer and CBD
    Hundreds of amenities within 1 km vicinity
    Near Future Art Entertainment, Esplanade and City Hall
    Near SMU and many international institutes
    Easy access to Major Expressway
    Quality Finishes and branded appliances to every unit
    Highly rentable and popular among expatriates
    High Capital appreciation and Rental Yield
    Close proximity to CBD Suntec City, Intergrated Resort, Shenton Way, Orchard Rd, just short 10-15 mins drive away.

    Call 6100 8090 for enquiries
    Visit Starlight Suites here for brochure, floorplans and registration

    Register yourself for all new project info and updates in Singapore
    www.propertylaunch.sg

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    Errr... space usage not very efficient for the 1 and 1+1 units? A lot wasted on bay window, planter and balcony.....

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    Quote Originally Posted by 5577
    Errr... space usage not very efficient for the 1 and 1+1 units? A lot wasted on bay window, planter and balcony.....
    Wah! Shopping for your next investment?
    BE CENTRED BY ALL AT THE FRINGE OF THE CITY @

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    May I know the indicative psf?

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    Quote Originally Posted by sleek
    Wah! Shopping for your next investment?
    ahahaha... just looking around.... I'm just a little church mouse lah....

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    OMG the red part of the facade look like the candy sour tape.........

    Last edited by mcmlxxvi; 20-03-10 at 17:06.

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    STARLIGHT SUITES @ RIVER VALLEY CLOSE:
    =======================================
    *105 Freehold Units
    *Iconic 35 storey residential development
    *Est. TOP : 31st March 2015
    *Selected units comes with Private lift,
    private pool.
    *Top Quality European Finishings
    *Ducted Aircon to living/dining area
    *Near fine dining & al-fresco area along Singapore River
    *Walk to Clarke Quay MRT & The Central Shopping Mall
    *Close Proximity to main Orchard Shopping Belt(eg Orchard Central)/Clarke Quay/Central/MRT
    *Future River Taxi services to Marina Bay Sands/IR
    *Hugh Capital Appreciation Potential just like the Rivergate!!!
    *A Timeless Masterpiece Collection

    Unit Types :
    ^1 br - 560 sqft (25 units)
    ^1+1 br - 775sf/1163sf (25 units)
    ^1+1 br - 850sf/1055sf (25 units)+Pte Lift
    ^2 br - 1076sf/1259sf (14 units)+Pte Lift
    ^3+1 br - 1615sf (13 units)+Pte lift & Pool
    ^2+1 br PH - 2282sf (1 unit)+Pte lift & Pool
    ^3 br PH - 2949sf (1 unit)+Pte lift & Pool
    ^4br PH - 3401sf (1 units)+Pte lift & pool

    Facilities :

    ~6th Storey : Children's Playground, BBQ Pit

    ~15th Storey (Sky Terrace) : Swimming Pool, Wading Pool, BBQ Deck, Gym, Pool Deck, Viewing Deck, Yoga Corner

    VIP BOOKING FOR CHOICE UNIT STARTS NOW!!!
    DON'T MISS OUT!!!
    BEST LOCATION,
    CHOICE INVESTMENT!!!


    Price to be advised but surrounding projects are in the 1.8k-2k+ psf range so that should be a good guide.

    Booking Of Choice Units Starts Now!

    DEVELOPER'S SOLE MARKETING AGT : +65 81835132
    Web : www.lusholmz.com <===U can download e-brochure here











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    this project whole day want to launch then cry wolf one. showflat started building in 2007 and completed in 2009 LOL. then 2009 I already have the floor plans, always say want to launch then no launch, 2 or 3 times liao. this time finally looks for real.

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    Quote Originally Posted by bargain hunter
    this project whole day want to launch then cry wolf one. showflat started building in 2007 and completed in 2009 LOL. then 2009 I already have the floor plans, always say want to launch then no launch, 2 or 3 times liao. this time finally looks for real.

    where is its exact location ?

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    its currently weikin mansion opposite the better known pacific mansions. north west of rivergate.

    Quote Originally Posted by proud owner
    where is its exact location ?

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    yup this time is seriously gonna launch cuz we having developer preview next wk...those interested for updates can rvsp me ur name n unit size u are interested in...from my opinion, this is a quite an iconic development once completed. Cheers

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    Quote Originally Posted by home-run
    yup this time is seriously gonna launch cuz we having developer preview next wk...those interested for updates can rvsp me ur name n unit size u are interested in...from my opinion, this is a quite an iconic development once completed. Cheers
    Please advise psf once got info..thanks.

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    Quote Originally Posted by 5577
    Errr... space usage not very efficient for the 1 and 1+1 units? A lot wasted on bay window, planter and balcony.....
    i've seen the floor plan for the 1-bedder. is it normal to have wardrobe inside bomb-shelter? not sure if this is the "norm" now? i was quite keen on the proj. initially. but after hearing the $2,100psf and seeing the floor plan, i'm

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    Developer discount available for limited units within these 2 days. PM me ASAP if you're interested.

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    Looks like any other condo sitting on a small plot. The red wall seems gimmicky - reminds me of the Tan Tong Meng tower. But at least this has a "point block" squarish layout which I like. Nowadays a lot of condo layout is like one horrible long horizontal corridor.

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    Quote Originally Posted by Wild Falcon
    Looks like any other condo sitting on a small plot. The red wall seems gimmicky - reminds me of the Tan Tong Meng tower. But at least this has a "point block" squarish layout which I like. Nowadays a lot of condo layout is like one horrible long horizontal corridor.
    Tomorrow booking start liao.... 1 and 1 + 1 Bdrooms (75 units) around 2.2 to 2.4kpsf... 2 Bdrooms (13 units ) around 2.2kpsf - 2.3kpsf..... Preview price....official launch 2 weeks later will be even more expensive....heard from my agent...

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    Today nothing to do go there c c look look...place so quiet agents many many customers almost like none.. Price a little on the high side..1bedder low flr 1.1mil+ zzzz my frend end up buying a unit there

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    There's only 105 units in this project and very limited studios. Moreover district 9 and in a decent location.

    Property market is moving on an uptrend gradually in the long term. Use it to hedge as an inflation.

  22. #22
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    Starlight Suites in District 9 has a hïgh of $2,395 psf! What a start!


    Private Residential Units Sold in the Month of April 2010
    Project Name . Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Starlight Suites . CCR ....... 22 ........................ 22 .......................... 2,395 ........... 2,076 ........... 1,914

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    For Sale - STARLIGHT SUITES LOWEST BEST PRICES VVIP PRICES DI (D09)

    S$ 1,500,000 Price on Ask | S$ 1935.48 psf | 775 sqft (72 sqm) | 2 beds | 2 baths
    STARLIGHT SUITES. STARLIGHT SUITES. STARLIGHT SUITES.PLEASE CALL DIRECT DEVELOPER SALES TEAM ASSOCIATE DIRECTOR AT : 92375839 , FOR THE BEST VVIP $$$ VVIP $$$ VVIP PRICES AND THE SELECTION OF THE BEST FACINGS AND LAYOUT PREMIUM CHOICE UNITS.
    D9 . DISTRICT 9 . SOMERSET . ORCHARD. RIVER VALLEY CLOSE.



    FREEHOLD SUITES DEVELOPMENT COMPRISES OF 1 BLOCK, 35 STOREY, 105 UNITS

    STARLIGHT SUITES IS IN PRIME DISTRICT 9
    TUCKED AWAY FROM THE HUSTLE AND BUSTLE YET MINS STROLL TO EVERTHING!
    SOMERSET MRT, ORCHARD FOOD AND SHOP PARADISE, KILLINEY AND UE SQUARE
    SUPERMARTS, DINE AND WINE AT ROBERTSON WALK, CHILL OUT ALONG THE RIVER
    IN ROBERTSON QUAY. YOU NAME IT, THIS PLACE HAS IT ALL.

    CLOSE TO BOTH RESORTS WORLD SENTOSA AND MARINE BAY SANDS INTERGRATED RESORTS

    NEAR TO THE PRESTIGE RIVER VALLEY PRIMARY SCHOOL

    GOOD INVESTMENT: POSITIVE CAPITAL APPRECIATION IN THIS WELL SOUGHT AFTER LOCATION. COVENIENT AND EASY ACCESSIBILITY TO ORCHARD ROAD FOR SHOPPING, BY MRT TO ANY PART OF SINGAPORE, THIS LOCATION IS VERY WELL RECEIVED BY TENANTS. BECAUSE OF THIS DEMAND, IT WILL TRANSLATE TO ATTRACTIVE RENTAL YEILD FOR INVESTOR.

    STARLIGHT SUITES UNIT TYPES:
    1BDRM- 560 SQFT (25 UNITS)
    1+ STUDY- 775 SQFT ( 24 UNITS)
    1+ STUDY- 850 SQFT ( 24 UNITS) (PRIVATE LIFT)
    1+ STUDY- 1055 SQFT ( 1 UNIT) (PRIVATE LIFT)
    1+ STUDY- 1163 SQFT (1 UNIT)
    2 BDRMS- 1076 SQFT (13 UNITS) (PRIVATE LIFT)
    3+ STUDY- 1615 SQFT (13 UNITS) (PRIVATE LIFT/ POOL)
    PENTHOUSES- 2282-3401 SQFT ( PRIVATE LIFT/ POOL

    FACILITIES 6TH STOREY CHILDREN'S PLAYGROUNG AND BBQ PIT
    15TH STOREY (SKY TERRACE) SWIMMING POOL, WADING POOL, BBQ DECK, GYMNASIUM, POOL DECK, VIEWING DECK AND YOGA CORNER

    VVIP PREVIEW SOON... CALL FOR PRIVATE PRESENTATION NOW TO SELECT THE BEST UNIT

    PLEASE CALL DIRECT DEVELOPER SALES TEAM ASSOCIATE DIRECTOR AT : 92375839 ,

    FOR THE BEST VVIP $$$ VVIP $$$ VVIP PRICES AND THE SELECTION OF THE BEST FACINGS AND LAYOUT PREMIUM CHOICE UNITS.

  24. #24
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    Default Starlight Suites @ River Valley (District 9, Freehold)

    Starlight Suites (District 9)

    (Visit www.CondoExpert.sg or call Jonathan @ 8100-8004 for more information!)



    Summary

    Developer : Meadow Property Pte Ltd
    Est. TOP: Mid 2014
    District : 9 (River Valley Close)
    Est. Quantum Price : From $1.2 Mil Up
    Location : 11 River Valley Close
    No. Of Towers : 1
    Tenure :
    Freehold
    No. Of Storey :
    35
    Site Area : 25,990 sqft
    No. Of Units : 105
    Main Orientation : North-west/ South-east
    Units Composition :
    1,2 Bedrooms and Penthouse
    Distance to MRT : Nil
    Buyers Eligibility :
    Locals/PRs/Foreigners
    Payment Scheme : Normal Progressive
    Primary Schools within 1km : River Valley Primary School

    Unit Types and Sizes

    (No. of Units - Size (sqft))1 Bedroom
    25 - 560

    1 + Study
    50 - 775/850/1055/1163

    2 Bedrooms
    14 - 1076/1259

    3 + Study
    13 - 1615

    Penthouses
    3 - 2282/2949/3401

    Total Units : 105

    Facilities


    Children Playground
    BBQ pit
    Swimming Pool
    Wading Pool
    BBQ Deck
    Gymnasium
    Pool Deck
    Viewing Deck
    Yoga Corner

    Swimming Pool



    Interior



    Site Map



    Street Map



    Visit www.CondoExpert.sg or call Jonathan @ 8100-8004 for more information on Starlight Suites as well as for other new launch condos!

  25. #25
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    Doesn't make sense to buy now.

  26. #26

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    Quote Originally Posted by thomastansb
    Doesn't make sense to buy now.
    Buy for own stay!!!

  27. #27
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    Doesn't matter. Still wrong timing.


    Quote Originally Posted by CyrusChang
    Buy for own stay!!!

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    3 more sold at median of 2070psf. total 43 out of 105 sold.

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    Quote Originally Posted by CyrusChang
    Buy for own stay!!!

    why? what can you do at River valley that you cannot do elsewhere?

  30. #30
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    Quote Originally Posted by stalingrad
    why? what can you do at River valley that you cannot do elsewhere?
    Hmmm ... Walk back with the girl from the ### clubs in river valley after a nite's drink, very convenient rite ? dun think west coast has got any

    Btw bargain hunter brother, 2011 closing, how is the carabelle / park infinia / duchess residence score now ?

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