PDA

View Full Version : Tate Residences (D9, Freehold, Hong Leong Holdings)



danity kane
08-09-06, 06:59
Tate Residences: 75% Sold In Less Than a Month

Demand for high-end homes is continuing unabated, with Hong Leong Holdings selling about 75% of its 85-unit Tate Residences in less than a month - without even offically launching the project.

The luxury development in Claymore Road has acheived average prices of $2,200 per sq ft (psf), a Hong Leong spokesman told The Straits Times yesterday.

According to market sources, prices of some Tate units have reached as much as $2,500 psf, rivalling those of nearby Ardmore Park and St Regis Residences.

The latter, developed by Hong Leong unit City Developments, is selling at an average $2,600 psf to $2,700 psf, while Ardmore Park is going for slightly more than $2,000 psf, according to recent caveats lodged with the Urban Redevelopment Authority.

Tate boasts two 36-storey blocks with apartments ranging from 1,900 to 3,300 sqft, as well as two penthouses of at least 6,000 sqft each.

The Straits Times understands that one block, which comprises the smaller three-bedroom units, has only five units left unsold at prices ranging from $4.7-5.7 million.

(The Straits Times, 24 August 2006)

danity
08-09-06, 07:03
Tate Residences


There are those who think little of details. And those who know that they are the very essence of life. For the latter, Tate Residences awaits.

http://img421.imageshack.us/img421/9577/2244828215a6d335c15lq1.jpg (http://imageshack.us)

More than a mere residence, Tate Residences is a vivid celebration of the finer things in life. A veritable study in the impeccable juxtaposition between form and function, every conceivable detail has been addressed, and re-addressed, leaving you the enviable task of savouring an abode that is clearly a cut above all others.

And with just 85 exclusive apartments, its freehold status and prestigious location at Claymore Road, Tate Residences is one exceptional condominium - and one exceptional investment.

Developer: Hong Leong Holdings

Type: 2 towers of 36-storey apartment

Location: Claymore Road (District 9)

Tenure: Freehold

Total units: 85

Unit Types:

* 3 bedrooms ~ 176 sqm
* 3+1 bedrooms ~ 203-206 sqm
* 4+1 bedrooms ~ 298-300 sqm
* 2-storey penthouse ~ 558 sqm
* 3-storey penthouse ~ 610 sqm

Facilities:

* Swimming pool
* Children’s pool
* Reflective pool
* Tennis court
* Children’s playground
* Gymnasium
* BBQ area
* Foot reflexology path
* Function room
* Steam room
* Pavilion

Prices: from $4mil SGD

alibaba
08-02-07, 16:27
http://img257.imageshack.us/img257/5016/tateresuw7.jpg

Unregistered
10-05-07, 17:57
OT trying for en bloc soon. This is great news for all on Claymore Rd.

Unregistered
12-05-07, 21:36
http://img257.imageshack.us/img257/5016/tateresuw7.jpg

what an ordinary looking building!

Unregistered
25-03-08, 01:06
Got an offer from buyer at $2200psf. 3+1 ROOMS. Any seller pls let me know.

wait long long
25-03-08, 01:26
Got an offer from buyer at $2200psf. 3+1 ROOMS. Any seller pls let me know.


hhahahahahahahahaahhaa you really made my day! tell your buyer to try Aalto on Meyer Rd instead lah. Maybe even $2200 psf also not enough ah! HAHAHAHAHAHHAHAHAHAHAHHAAHHAAHAHA $2200 psf want to buy Claymore condo! HHAHHAHAHAHAHHHAHHAHAHAHAHAHHHHHHHHHHHHHHHH

Unregistered
25-03-08, 01:53
Got an offer from buyer at $2200psf. 3+1 ROOMS. Any seller pls let me know.

I have a seller but you are not registered and have no contact so I can't let you know. Anyway, too late.

Unregistered
31-03-08, 14:50
hhahahahahahahahaahhaa you really made my day! tell your buyer to try Aalto on Meyer Rd instead lah. Maybe even $2200 psf also not enough ah! HAHAHAHAHAHHAHAHAHAHAHHAAHHAAHAHA $2200 psf want to buy Claymore condo! HHAHHAHAHAHAHHHAHHAHAHAHAHAHHHHHHHHHHHHHHHH

Bad news, The offer just dropped to $1900, hurry anyone selling before it drops again. Anyone selling???

Unregistered
31-03-08, 16:01
2200 psf at meyer ?? LOL. I would say get lost to those seller selling at 1500 psf

Unregistered
31-03-08, 18:29
Bad news, The offer just dropped to $1900, hurry anyone selling before it drops again. Anyone selling???
Too late for you.
I have just bought it at $2,100psf.

Unregistered
01-04-08, 17:00
Bad news, The offer just dropped to $1900, hurry anyone selling before it drops again. Anyone selling???
What a missed chance!
You should have grabbed it.
Wasted!

http://www.channelnewsasia.com/images/CNAlogo.gif
HDB and private property prices up in Q1 flash estimates
Channel NewsAsia
Tuesday, 1 April 2008, 1345 hrs

http://www.channelnewsasia.com/imagegallery/store/phpqVz7c1.jpg

Private residential property prices in Singapore rose 4.2% in the first quarter this year, according to the latest preliminary estimates from the Urban Redevelopment Authority.

The pace was slower than the 6.8% clip recorded in the fourth quarter of last year.

On a quarter on quarter basis, the biggest rise in property prices for non-landed properties came from the central districts just outside the prime postal districts of 9, 10 and 11.

Prices in these central areas (i.e. RCR) increased 7.7% in January to March, compared with the October to December period.

Properties in the prime districts of 9, 10 and 11, as well as the downtown area and Sentosa (i.e. CCR), rose 7.5% on quarter.

And those in the rest of Singapore (i.e. OCR) advanced about 7% in the first quarter from the previous three months.

The preliminary estimates are based on transaction prices given in caveats lodged during the first 10 weeks of the quarter, as well as the number of new units sold.

Meantime, the Housing and Development Board says prices of HDB resale flats rose 3.4% in the January to March period over the previous three months.

This is lower than the 5.7% increase in the fourth quarter.

Both the URA and HDB will release final figures at the end of April.

The URA said in its release, that as at 4th Quarter 2007,there are about 64,900 private residential units in the pipeline, of which about 56,100 new private housing units are expected to be completed between 2008 and 2011.

There are also some 38,300 units that have yet to be put on sale by developers.

As for the supply of government flats, the HDB said it had made available in the first quarter of this year, some 1,100 new flats in two Build-To-Order (BTO) projects in Punggol and Yishun.

It said that depending on demand, there could be another 5,000 new BTO flats in towns such as Punggol, Sengkang, Woodlands and Bukit Panjang.

The total planned BTO supply of 6,100 new flats for January till September 2008 will surpass the annual BTO flat supply in 2007 and 2006.

This new supply of flats will be in addition to those offered under Balloting Exercises for surplus replacement SERS and other flats, as well as the planned release of three Design-and-Build sites in Simei, Toa Payoh and Bedok with some 1,500 flats in the 1st half of 2008.

Unregistered
01-04-08, 17:42
What a missed chance!
You should have grabbed it.
Wasted!

true increase, but number of buyer drops from 100 to 10 only. go check no of transactions in the ura.

Unregistered
01-04-08, 19:32
true increase, but number of buyer drops from 100 to 10 only. go check no of transactions in the ura.
So? Increase is increase.

puppets?
02-04-08, 13:10
y do humans need to be puppets? because most have weak spines. or the puppeteer is a control freak who just insist in having her way at all times.

Unregistered
02-04-08, 13:55
y do humans need to be puppets? because most have weak spines. or the puppeteer is a control freak who just insist in having her way at all times.
A cock talking cork here.

Unregistered
09-04-08, 10:43
April 9, 2008

Prices of high-end condos starting to fall as sales dwindle
Downward trend may continue for next few quarters, experts predict
By Fiona Chan, Property Reporter

HOME prices are starting to fall, as several high-end properties begin to feel the squeeze of retreating buyers.
Sales of Singapore's most expensive condominiums - all the rage last year - have dwindled to just a trickle this year.

And with plunging sales, prices have also started to dip, although official figures have yet to reflect this trend.

Early signs of the slide lie in the handful of caveats filed involving many luxury projects in the first quarter. These showed prices fell from the previous quarter, in some cases by up to 20 per cent.

In Districts 9 to 11, Singapore's creme de la creme of residential locations covering Orchard, Holland and Bukit Timah, average prices have fallen by about 30 per cent since the beginning of the year, according to caveats.

They dropped to an average of $1,564 per sq ft (psf) between January and March from $2,023 psf in the preceding three months.

FEELING THE SQUEEZE
In luxury island enclave Sentosa Cove, almost all condos posted drops in average psf prices, ranging from 2 per cent for the Marina Collection to 23 per cent for The Azure.

Property experts say this could be because luxury home buyers are now selecting only the most competitively priced properties.

'Market activity is very slow now, so any transactions that do take place are likely to be from people who have found attractive buys,' said Mrs Ong Choon Fah, the executive director at property firm DTZ Debenham Tie Leung.

She said high-end properties in the traditional prime districts were more dependent on investor buying, so they could be more affected by the current global credit crunch and weaker sentiment.

'A lot of people who bought luxury homes are also 'specuvestors', so they may be happy making just a small profit and selling quickly,' Mrs Ong explained.

The Government estimated last week that private home prices continued to climb in the first three months of the year, albeit at a slower pace. They rose 4.2 per cent, down from 6.8 per cent in the previous three months.

In the priciest segment, the core central region, the price gain dropped to 4.4 per cent from 7.5 per cent in the previous quarter. This region covers Districts 9 to 11, the Marina Bay area and Sentosa.

Anecdotal evidence from property insiders and caveats lodged, however, showed that prices at many projects fell rather than rose this year. At Scotts Square in Scotts Road, only two units have been sold so far this year - at an average price of $3,700 psf, down from $4,000 psf for 42 units in last year's fourth quarter.

Similarly, at The Oceanfront @ Sentosa Cove, the most recent deals were in February, where three units were sold at $1,720 to $1,751 psf. Just six months before that, 15 units were sold at an average price of $2,480 psf.

Other high-profile, pricey condos, such as the Marina Bay Residences and The Marq on Paterson Hill, have yet to see a single caveat lodged this year.

But the story is not all bad. The Orchard Residences, which holds the title of Singapore's most expensive condo, has sold only one unit this year - but at $4,700 psf, higher than most of its other sales.

Other older condos in areas such as Cavenagh or Balmoral may also be trading at higher prices from their previously low base, pushing up the overall prices for the whole district, suggested Mr Ku Swee Yong, director of marketing and business development at Savills Singapore.

But he said the price index for high-end homes may be under pressure in the next two quarters, now that 'everyone wants a bargain'.

'You only need developers to start giving discounts or people starting to buy lower-

floor units instead of penthouses. That will push the index down and put pressure on prices.'

Unregistered
09-04-08, 14:39
hhahahahahahahahaahhaa you really made my day! tell your buyer to try Aalto on Meyer Rd instead lah. Maybe even $2200 psf also not enough ah! HAHAHAHAHAHHAHAHAHAHAHHAAHHAAHAHA $2200 psf want to buy Claymore condo! HHAHHAHAHAHAHHHAHHAHAHAHAHAHHHHHHHHHHHHHHHH


GET LOST WITH YOUR Aalto on MEYER.

Oceanfront selling at only $1500 and still dare to mention your Meyer condo at $2200. THICKED SKIN!!!


April 9, 2008

Prices of high-end condos starting to fall as sales dwindle

Downward trend may continue for next few quarters, experts predict

By Fiona Chan, Property Reporter


HOME prices are starting to fall, as several high-end properties begin to feel the squeeze of retreating buyers.

Sales of Singapore's most expensive condominiums - all the rage last year - have dwindled to just a trickle this year.


Similarly, at The Oceanfront @ Sentosa Cove, the most recent deals were in February, where three units were sold at $1,720 to $1,751 psf. Just six months before that, 15 units were sold at an average price of $2,480 psf.


[email protected]

Beng
09-04-08, 18:45
GET LOST WITH YOUR Aalto on MEYER.

Oceanfront selling at only $1500 and still dare to mention your Meyer condo at $2200. THICKED SKIN!!!
k.n.n. you dare compare your ground floor Oceanfront l.j. with my top-floor Aalto ??

Unregistered
09-04-08, 18:45
Published April 9, 2008

Private bankers upbeat despite credit crunch

By GENEVIEVE CUA


(SINGAPORE) The world may be mired in a credit crunch, economic slowdown and rocky stock markets. But bankers catering to the well-heeled in Asia expect growth almost akin to that of last year, as they hunker down to squeeze yet more productivity out of their relationship managers.

Credit Suisse managing director and head of private banking Marcel Kreis, for instance, says revenues and assets under management have been growing by 20-30 per cent annually. 'Our Asia Pacific private banking operations have been enjoying very strong momentum and this is expected to continue in the next two years, with the objective of doubling the Asian business.'

Merrill Lynch head of global wealth management (Asia Pacific) Rahul Malhotra says the bank saw growth of 30-40 per cent in assets last year. 'I would be surprised if we didn't see those numbers this year . . . There is growth overall in Asian economies. Even with what is happening in the US, inherently we will see growth come through.'

Private banks' relatively low penetration of Asian markets presents opportunities, says Tjun Tang, Boston Consulting Group director. BCG is currently compiling data for its annual wealth survey. 'We're seeing assets sitting in private banks of less than US$1 trillion. But household wealth across Asia comes to US$16 trillion . . . Many banks are growing 20-30 per cent a year. If the underlying wealth is growing at an 8 per cent rate, there must be an increasing penetration of services.'

Market volatility, however, could impact banks' revenue streams as a substantial proportion comprises income that is transactional in nature. 'In Asia, a lot of revenues are generated through private banks selling transactional products. Now that there is less of a single directional trend, one risk is that private banking income may decline or be less stable,' says Mr Tang.

Still, he expects margins in Asia to remain healthy. 'We're still fairly bullish on Asia despite compensation levels having gone up a lot. Pre-tax margins are still in good territory.'

On the hiring front, the appetite for junior bankers appears to have abated, but almost all the banks say they are on the lookout for mature bankers with a book of business.

Nick Hughes of Fox Partnership, which specialises in placing top-level hires in wealth management, says: 'A bank may suffer sub-prime woes. But if there is a strong banker talent, he or she is an asset, regardless of the current situation.' Banks, he adds, will demand more accountability.

The firm continues to work on a number of 'interesting' projects, which includes placing Asian bankers in posts in Switzerland, for instance, to serve Asia from Europe, as well as the reverse - the hiring of European bankers for Asia.

On investments, bank strategists continue to see opportunities in emerging markets, particularly the Middle East and Latin America, and selected Asian markets. JP Morgan Private Bank chief investment strategist Ivan Leung believes regional stock markets are 'excellent long- term investments'. He singles out Thailand and Taiwan, which have underperformed Asia ex-Japan for four years, but are at the start of a domestic turnaround. Singapore and Korea are cheap, he adds, 'but will likely require some patience'.

On a 12-month view, Deutsche Bank Private Wealth Management forecasts a return of 10-16 per cent for US equities; 8-13 per cent for Euroland; and a higher 10-17 per cent for Latin America and Asian equities due to higher growth and earnings.
Stop wasting your time on the forum or this thread. The forum will not make you rich.
Have a break. Let me buy you a cup of coffee.

- Your private banker

Unregistered
11-04-08, 16:14
Please don't talk about low end condo like alto on meyer in this forum. This is for high end.

Dont compare cheap condo and expensive one please. alto may worth only 900 psf.

Unregistered
11-04-08, 16:54
Please don't talk about low end condo like alto on meyer in this forum. This is for high end.

Dont compare cheap condo and expensive one please. alto may worth only 900 psf.
alto ?? wat's that ??
should be as cheap as shemale like you
worth only $90 per session

Unregistered
12-04-08, 15:11
alto ?? wat's that ??
should be as cheap as shemale like you
worth only $90 per session


Wowww...... Look at him....isnt he Aalto owner ?? He is so :simmering: Pissed off ?You hope you can sell your Aalto above 1000 psf. Stop day dreaming.:doh:

moonk123
20-11-08, 10:08
http://www.virtualhomes.sg/FileUpload/Project/212/Images/elevation.jpg

http://www.virtualhomes.sg/FileUpload/Project/212/Images/floor_typeA.jpg

http://www.virtualhomes.sg/FileUpload/Project/212/Images/floor_typeB.jpg

http://www.virtualhomes.sg/FileUpload/Project/212/Images/ex3.jpg

see 720 degree virtual tour for viewing the surrounding of THE TATE RESIDENCES....still under construction

http://www.virtualhomes.sg/FileUpload/Project/212/Images/ex3.jpg

moonk123
15-12-08, 14:57
Project Name-THE TATE RESIDENCES
Developer-Hong Leong Holdings Ltd
Property Type-Condominium
Tenure - Freehold
Total Units - 85
Completion Date - Est 2 Jul 2011
District - 9

3 bedroom (1894 - 2271sf)
4 bedroom (3207 - 3250sf)
Penthouse (6006 - 6566sf)

http://www.virtualhomes.sg/FileUpload/Project/212/Images/main.jpg

http://www.virtualhomes.sg/FileUpload/Project/212/Images/floor_typeA.jpg

http://www.virtualhomes.sg/FileUpload/Project/212/Images/floor_typeB.jpg

http://www.virtualhomes.sg/FileUpload/Project/212/Images/elevation.jpg

http://www.virtualhomes.sg/FileUpload/Project/212/Images/site.jpg

>>>> click here for more info >>>> (http://www.virtualhomes.sg/thetateresidences)

:)

Property_Owner
12-10-09, 21:10
Finally TOP.

bargain hunter
13-10-09, 00:07
it would be real cool if you own one of these. :)


Finally TOP.

Property_Owner
13-10-09, 10:50
it would be real cool if you own one of these. :)


Ha ha. You got me again.

Reporter
18-12-09, 20:34
$2,799 psf?

Aiyoh! Why not pay $1 psf more?
$2,800 psf sounds better leh.


The Tate Residences
Address ................................. psf ................. Area ............ Price .............. Contract Date
23 Claymore Road #08-03 ..... $2,681 psf ..... 3,208 sqft .... $8,600,000 ..... 30 Nov 09
23 Claymore Road #15-03 ..... $2,775 psf ..... 3,208 sqft .... $8,900,000 ... 21 Nov 09
21 Claymore Road #27-02 ..... $2,799 psf .... 1,894 sqft .... $5,303,000 ....... 9 Nov 09
21 Claymore Road #14-01 ..... $2,581 psf ..... 2,185 sqft .... $5,640,000 ....... 9 Nov 09

Reporter
03-02-10, 00:04
$2,799 psf?

Aiyoh! Why not pay $1 psf more?
$2,800 psf sounds better leh.


The Tate Residences
Address ............................ psf ............... Area .......... Price ............. Contract Date
23 Claymore Road #08-03 ..... $2,681 psf ..... 3,208 sqft .... $8,600,000 ..... 30 Nov 09
23 Claymore Road #15-03 ..... $2,775 psf ..... 3,208 sqft .... $8,900,000 ... 21 Nov 09
21 Claymore Road #27-02 ..... $2,799 psf .... 1,894 sqft .... $5,303,000 ...... 9 Nov 09
21 Claymore Road #14-01 ..... $2,581 psf ..... 2,185 sqft .... $5,640,000 ...... 9 Nov 09
Forget about $2,800 psf.

The Tate Residences has found a nëw hïgh in $2,946 psf!


The Tate Residences
Address ........................... psf ............... Area ........... Price ............ Contract Date
21 Claymore Road #27-01 ..... $2,946 psf .... 2,207 sqft .... $6,500,000 ..... 11 Jan 10

Reporter
12-02-10, 22:40
http://www.theedgesingapore.com/images/logo_s.png
The Tate residences unit sold for close to $3,000 psf
The Edge
Monday, 8 February 2010

It’s starting to look like a self-fulfilling prophecy, as far as prices in the high-end residential segment in Singapore are concerned. Anecdotally, there’s evidence that some cash-rich speculators are also back in the market, according to some property consultants.

Notable secondary market transactions in the week of Jan 8 to 15 at The Tate Residences, Ardmore II and Scotts Square have seen a spike in prices.

One was the sale of a 2,207 sqft, 27th storey apartment at The Tate Residences on Claymore Road, developed by Hong Leong Holdings. The 85- unit luxury condo has two 36-storey towers, and is very close to completion.

The unit changed hands for $6.5 million ($2,946 psf). The seller purchased the apartment when it was launched in September 2006 at $5.046 million ($2,287 psf), and enjoyed a capital appreciation of 29% in about three years. This price is pretty close to the levels seen in the heady days of August to September 2007, when a 3,229 sqft unit on the 27th floor changed hands in a sub-sale for $11.3 million or $3,500 psf.

There’s been a lot of excitement along Claymore Road, particularly as the rumour mill is once again rife with speculation of The Claymore’s “en bloc potential”. Located next to The Tate Residences, the 146-unit luxury freehold condominium was completed in 1985 and is still considered a landmark luxury condo in that location. As early as 2007, owners of The Claymore had flirted with the possibility of an en-bloc sale, going as far as appointing CB Richard Ellis and DTZ as joint marketing agents. According to sources, it did not achieve the 80% consensus needed for a collective sale to take place.

“The Claymore definitely has en bloc potential,” says a property consultant who declined to be named. “But, the owners are reluctant to sell, because when looking at replacement units, it’s hard to find something comparable in the same location.” Unit sizes at The Claymore are large. The smallest are three-bedroom apartments 2,680 sqft in size. 4-bedroom apartments measure 3,348 sqft while the penthouses are 4,919 sqft each.

The most recent transaction at The Claymore was in November last year, when a three-bedroom, 13th floor apartment changed hands for $8.38 million ($2,503 psf). The previous owner had purchased the property in March 1996 for $5.2 million ($1,553 psf), and enjoyed a 61% capital appreciation over the last 14 years.

The last time an apartment at The Claymore crossed the $2,500 psf barrier was during the most recent peak in May 2008, when a 3-bedroom apartment on the 17th floor was sold for $6.8 million ($2,537 psf).

Further up Claymore Road is the prestigious Ardmore Park enclave, where the 303-unit Ardmore Park developed by Wheelock Properties epitomised the height of luxury in the mid-1990s. Even today, it’s the yardstick for luxury property prices. Riding on its success, the developer launched the 118-unit Ardmore II in September 2006 and, to date, the project is 100% sold and close to completion. After it was launched, prices ranged from $2,087 psf to a high of $3,208 psf in May 2007 at the peak of the market. At that time, Ardmore Park apartments were changing hands in the resale market at $1,837 to $2,773 psf.

With anticipation of the private preview of Ardmore III mounting, at prices said to be $3,500 psf or higher, an apartment on the 24th floor of Ardmore II was sold for $5.566 million ($2,751 psf) in a sub-sale. The seller bought the unit when it was launched in October 2006 for $4.833 million ($2,389 psf). The last time an apartment at Ardmore II breached the $2,700 psf mark was February 2008, when an 11th floor apartment sold for $5.675 million ($2,804 psf).

Meanwhile, at the 338-unit Scotts Square located on Scotts Road, also by Wheelock Properties, an apartment on the 25th floor was sold for $3.35 million ($3,537 psf), according to a caveat lodged last month. The seller purchased the 947 sqft apartment in August 2007, when the project was launched, for $3.735 million ($3,944 psf). At the peak of the market, a 1,249 sq ft apartment on the 28th floor had changed hands in a sub-sale at $5.558 million or a high of $4,451 psf.

The 45-storey tower is expected to be completed in 2011, and will house luxury retail and commercial space on the first 5 levels.

Reporter
30-03-10, 23:44
The Tate Residences has a nëw hïgh of $3,188 psf!


The Tate Residences
Address ........................... psf ............... Area ........... Price ............ Contract Date
21 Claymore Road #33-02 ..... $3,188 psf .... 2,271 sqft .... $7,240,000 ..... 9 Feb 10