Waterbank (D14, 99 years leasehold, UOL)

**Squall8888** · 27-05-13, 21:45

Think 900k is achievable easily after TOP.

Originally Posted by Lovelle

Heard a new transaction done 484sqft at 850k and a 3 bdroom at 1.9mil.
Both not lodged yet

**patrickchng** · 27-05-13, 22:06

I think can easily push to 925k to 950k after TOP.

**Lovelle** · 28-05-13, 08:57

Originally Posted by Lovelle

Heard a new transaction done 484sqft at 850k and a 3 bdroom at 1.9mil.
Both not lodged yet

correction 1.9m should be dual key not 3 bedroom

**zeamybro** · 28-05-13, 09:07

Originally Posted by Lovelle

correction 1.9m should be dual key not 3 bedroom

Lovelle - have u received lawyer's letter for key collection? No news for me yet..

**thomastansb** · 28-05-13, 10:05

900k++ is easily achievable but 1M will be a stretch. Most RCR studio are transacting around 1M but unless the unit is at a high floor with nice view, I don't see it going past 1M.

Originally Posted by patrickchng

I think can easily push to 925k to 950k after TOP.

**Lovelle** · 28-05-13, 13:31

Originally Posted by zeamybro

Lovelle - have u received lawyer's letter for key collection? No news for me yet..

no news , i think it is not yet TOP.

**seizepoon** · 29-05-13, 11:38

UOL has replied that they are expecting TOP end of the week 31 May 2013

**zeamybro** · 29-05-13, 13:10

Originally Posted by seizepoon

UOL has replied that they are expecting TOP end of the week 31 May 2013

Thanks seizepoon for sharing the good news with your maiden post!

**little_snow** · 29-05-13, 14:57

I was just told that TOP has just been obtained and UOL will start sending out letter to lawyers starting from tomorrow.
Key distribution will be in batches from June to mid July.

**East Lover** · 29-05-13, 15:44

how come the BCA websit still shows processing??
-------
Plan Reference No: A0712-00109-2009-BP01
Project Title: PROPOSED CONDOMINIUM HOUSING DEVELOPMENT COMPRISING OF 3 BLOCKS OF 19 STOREY, 4 BLOCKS OF 20 STOREY RESIDENTIAL UNITS, 1 BLOCK OF 6 STOREY MULTI-STOREY CARPARK BUILDING WITH ROOF GARDEN, SWIMMING POOL, ANCILLARY FACILITIES AND RESIDENTIAL UNITS (TOTAL=616 UNITS) - URA SALE SITE (GEYLANG PLANNING AREA) ON LOT(S) 06950K MK25 AT DAKOTA CRESCENT
Application Type: BCA-TOP-APPLN
Current Status: PROCESSING
Current Status Date / Time: 21/05/2013 21:27:29
Registration Date / Time: 22/05/2013 08:30:00
Processing Officer: CHARMAINE DENG SHAOMEI

Originally Posted by little_snow

I was just told that TOP has just been obtained and UOL will start sending out letter to lawyers starting from tomorrow.
Key distribution will be in batches from June to mid July.

**little_snow** · 29-05-13, 16:00

Originally Posted by East Lover

how come the BCA websit still shows processing??
-------
Plan Reference No: A0712-00109-2009-BP01
Project Title: PROPOSED CONDOMINIUM HOUSING DEVELOPMENT COMPRISING OF 3 BLOCKS OF 19 STOREY, 4 BLOCKS OF 20 STOREY RESIDENTIAL UNITS, 1 BLOCK OF 6 STOREY MULTI-STOREY CARPARK BUILDING WITH ROOF GARDEN, SWIMMING POOL, ANCILLARY FACILITIES AND RESIDENTIAL UNITS (TOTAL=616 UNITS) - URA SALE SITE (GEYLANG PLANNING AREA) ON LOT(S) 06950K MK25 AT DAKOTA CRESCENT
Application Type: BCA-TOP-APPLN
Current Status: PROCESSING
Current Status Date / Time: 21/05/2013 21:27:29
Registration Date / Time: 22/05/2013 08:30:00
Processing Officer: CHARMAINE DENG SHAOMEI

My guess is it takes sometime for BCA to update the website. As this TOP application was also only updated in the website last Thursday (23/5) even though the registration date and current status date was 1-2 days before.

**panda_bear** · 29-05-13, 18:45

Originally Posted by little_snow

My guess is it takes sometime for BCA to update the website. As this TOP application was also only updated in the website last Thursday (23/5) even though the registration date and current status date was 1-2 days before.

Thanks little snow for the great news.
I too notice that BCA update does not seem too real time.

Was half expecting it to update today and say top already approved on Monday.
well... at least it top ed.

**little_snow** · 30-05-13, 10:25

TOP!!!!

A0712-00109-2009-BP01 BCA-TOP-APPLN APPROVED 29/05/2013 12:12:29

**Squall8888** · 30-05-13, 12:42

Hello all, I have a question regarding renting out the unit. An agent called me and ask if I want to rent out my studio. 3.5k to 4k but they will use it as a service apartment with internet, laundry etc. Is that legal? I will need to sign a 1 or 2 years contract with the company and the company will manage it. Worth it?

**East Lover** · 30-05-13, 12:49

Congrats! Finally!,

Originally Posted by little_snow

TOP!!!!

A0712-00109-2009-BP01 BCA-TOP-APPLN APPROVED 29/05/2013 12:12:29

**mcmlxxvi** · 30-05-13, 16:00

Originally Posted by Squall8888

Hello all, I have a question regarding renting out the unit. An agent called me and ask if I want to rent out my studio. 3.5k to 4k but they will use it as a service apartment with internet, laundry etc. Is that legal? I will need to sign a 1 or 2 years contract with the company and the company will manage it. Worth it?

I think if they are renting out by the day, nope.

Minimal lease 6 months iirc.

**Lovelle** · 30-05-13, 18:09

Originally Posted by mcmlxxvi

I think if they are renting out by the day, nope.

Minimal lease 6 months iirc.

like geylang okt ?

**panda_bear** · 30-05-13, 18:39

Originally Posted by Lovelle

like geylang okt ?

well. better include a termination clause in your contract then.
of course terms and condition apply.

if they do illegal stuff, you are still liable, I think.
but I reckon it's more to provide accommodation for short term visitors.
one month, three months type.

**stpocs** · 30-05-13, 23:15

Hi all

Ive received a call from legal this evening. Should be able to get key in 2 weeks' time with 6 months maintenance fees

**panda_bear** · 30-05-13, 23:40

Originally Posted by stpocs

Hi all

Ive received a call from legal this evening. Should be able to get key in 2 weeks' time with 6 months maintenance fees

You must be in the first batch then
*green with envy*
some of us may need to wait till mid July to get our keys

**zhukemotor** · 31-05-13, 00:46

Originally Posted by stpocs

Hi all

Ive received a call from legal this evening. Should be able to get key in 2 weeks' time with 6 months maintenance fees

wah, so fast received calls from lawyer. Hopefully they will contact me soon

**Lovelle** · 31-05-13, 13:05

Hi bros

I received call. Collec key next wk.

**East Lover** · 31-05-13, 17:16

Sis, Congrats !

Originally Posted by Lovelle

Hi bros

I received call. Collec key next wk.

**zhukemotor** · 31-05-13, 22:43

Ya, just received email from lawyer. making payment next week.

**Lovelle** · 03-06-13, 10:22

3 bedroom maintenance fee is below $350..

that's great too

**patrickchng** · 03-06-13, 10:51

May 2013 caveat
1130sqft, 1593psf, 6 - 10 floor.
1184sqft, 1419psf, 6 - 10 floor.

**Squall8888** · 03-06-13, 10:56

My studio $240. On a high side for a studio.

Originally Posted by Lovelle

3 bedroom maintenance fee is below $350..

that's great too

**champion** · 03-06-13, 12:06

Originally Posted by Lovelle

3 bedroom maintenance fee is below $350..

that's great too

Hi! I am new to this forum and I also owned a unit in Waterbank.

Through the email thread, I see that some are informed by the lawyer through phone and some by email. Does anyone being informed via mail. Thanks.

**Squall8888** · 03-06-13, 13:46

You can just call them and check if they have received the letters. They will normally inform you because you only have 14 days to pay 25% (in my case).

Originally Posted by champion

Hi! I am new to this forum and I also owned a unit in Waterbank.

Through the email thread, I see that some are informed by the lawyer through phone and some by email. Does anyone being informed via mail. Thanks.

**Lovelle** · 03-06-13, 15:46

actually, mai kan cheong is the best.

Give them time to prepare your unit otherwise, you may see what you may not want to see

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