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Launching soon! Watch out for another EXCITING Condo Launch by Kheng Leong at former Minton Rise Condo Estate @ Lorong Ah Soo (Hougang Estate)
Location: http://www.streetdirectory.com/asia_...el_site_84291/
1000+ units Former Minton Rise by Kheng Leong.
Former Minton Rise Condo Estate Hotline: +65-92993342
Home Page: http://iPropertyFacebook.com
Launching Soon !!!
Former Minton Rise Condominium @ Lorong Ah Soo
(Hougang St 11 off Lorong Ah Soo)
By Peak Garden Developer ( UOL Related developer)
(Target Launch Date: End May/ Early June 2010)
Exclusive 1144-unit 99 year Development
High-rise development 18 blocks nestled in matured private residential estate
Map by Google .Outline Rough sketch
Reputable Schools & Institutions
*Within 1km to Paya Lebar MGS *
Montfort Jr & Sec Sch, Zhonghua Pri Sch, CHIJ Our Lady Of Good Counsel Sch, Nanyang Junior College etc
Near International Schools => Rental Potential!
Near Australian International School, Lycée Français de Singapour & upcoming Stamford American International School at Upper Serangoon Road
Near Upcoming Mega Mall, Famous Eateries & Amenities
Future Mega shopping mall, Nex (equivalent to size of Parkway Parade & IMM) at Serangoon Central
Heartland Mall, AMK Hub, Hougang Mall wet markets, supermarkets
Serangoon Gardens, popular eateries at Chomp Chomp etc
Well-linked Transportation
Near Kovan MRT Station and Serangoon MRT Interchange (North-East Line & Circle Line)
Easily accessible to city centre and other parts of the island via CTE, PIE, KPE, SLE
Unit Types (First Draft)
2 Bedroom 884 – 1,144 sqft
3 Bedroom 1020 – 1661 sqft
4 Bedroom 1515 – 3087 sqft
Penthouses 1490 – 3237 sqft
Hurry Call Developer Sales Team to For VVIP PREVIEW
REGISTER NOW FOR LATEST NEWS AND PRICING
SALES HOTLINE: + 65 9671 1522
Errrr... what is UOL Related developer har? why can't give full name? so secretive, izit no confidence of some lousy name with no-std??
:scared-2:
there is only one UOL "related" developer lah, that's Mr. Wee's "private" vehicle :) . See he got this plot real cheap:
KHENG Leong, a privately owned property group controlled by the family of banker Wee Cho Yaw, has bought a privatised HUDC estate in Hougang for $209 million. The company inked a deal over the weekend to buy Minton Rise in a collective sale, according to sources.
http://img413.imageshack.us/img413/7...6012007cr8.jpg
Sold: Owners of the privatised HUDC estate will receive about $611,000 on average
BT understands that Kheng Leong may team up with listed construction and property group Low Keng Huat in some way. But sources could not say for sure whether this would involve Low Keng Huat merely handling the construction of the project or taking an equity stake in the redevelopment as well.
Minton Rise has 342 apartments in total. Owners will receive about $611,000 on average. The deal will be subject to approval from the Strata Titles Board.
The $209 million that Kheng Leong has agreed to pay is the reserve price. NRA Real Estate brokered the sale. The unit land price works out to about $236 psf of potential gross floor area, inclusive of an estimated $84 million development charge and a $19.5 million sum (estimated last year but not confirmed by the authorities) for upgrading the site's lease from a then remaining term of 79 years to a fresh 99-year term.
The 472,378.5 sq ft site is zoned for residential use with a 2.8 plot ratio (ratio of potential gross floor area land area), which could mean a new condo with about 1,100 units averaging 1,200 sq ft.
Oh I see .. thanks amk for the info. Hmmm .. wonder if agent Leong finds it somewat "disgrace" to mention the actual name or wat? Perhaps it's a case of not able to get his info rite, or maybe the developer's name is not branded enuff ... else why hide behind as 'UOL related' neh :p :p
OMG ! 1144 unit in one project, so CRAM :scared-3: :beats-me-man: :doh:
**Lorong Ah Soo (Former Minton Rise)**
Preliminary Information Of The Development
Location
Lorong Ah Soo (Former Minton Rise)
Tenure of Land
Leasehold 99 years
Residential Site Area
Approx. half a million sf of land area (about size of 7 football fields)
Description
Proposed condominium development comprising 18 Blocks of 15 / 17 storey residential flats with facilities
Total No. of Units Approx. 1,150 units
From 1 to 4 bedrooms onwards
Sms at 90686016 for more details
who is the developer?
Developer isQuote:
Originally Posted by august
Kheng Leong Pte Ltd :)
New Launch in D19 The Minton Rise Residence. Registration starts now.
Floor & Site Plans available soon! For more information, please visit
http://www.rss-property.com/view-all...evelopers-sale
Any ideas what is the PSF?Quote:
Originally Posted by Sea
1150 units.... Former enbloc site usually means cut carrot price and squeeze in maximum units as developers need to recover the cut carrot price they paid to the enbloc beneficiaries. 99 LH some more with so many units.
When is the VIP preview and official launch expected?
Quote:
Originally Posted by propertyinvestor
This was the site of our old kampong house in the late 70s when I was still a small boy. :D
Quote:
Originally Posted by 2824
azeoprop and 2824,Quote:
Originally Posted by azeoprop
u guys interested in getting another property along lor ah soo after woodleigh/woodsville is it? :)
Interestingly some 40 years later some person might be saying that for this new development. who knows
Quote:
Originally Posted by azeoprop
Haa haa, just kaypo only, no money. :pQuote:
Originally Posted by new2mondrian
abit curious at what kind of psf this will go for considering it is not near an MRT, 99 years, no water view (sea or reservoir view).
Who knows maybe one of the smaller units might be within reach? :beats-me-man:
Quote:
Originally Posted by new2mondrian
my guess is breakeven around 5xx psf, so sell at 600psf at least?
See agents promoting this outside Serangoon MRT almost every evening.
Saw a few agents advertising in property guru @ $800+++ psf for the 3 bedders. So 2 bedders maybe at $900 psf and studios maybe even $1,000 psf or more :scared-1:
I guess gone are the days of $600 psf for new condos....
Treehouse set a new benchmark for all mass market...Anywhr not too far flung and no MRT will be launching from 800psf+ However, this project still include baywindows/planter box, There is a chance they might launch from 7XXpsf+Quote:
Originally Posted by 2824
D19 The Minton @ Lorong Ah Soo. Preview End May
2010. Registration starts now!
For more information, visit http://www.rss-property.com/view-all...evelopers-sale
this looks like a super mass market project. My bet is they will maximise on the number of units and minimise on floor area (hence maximise price psf) in order to make it very affordable... sound like a HDB formula? :doh:
no nid to bet..its a known fact :D :DQuote:
Originally Posted by Komo
Just got informed by agent to register for early bird discount....very "competitive pricing"..only S$800psf to S$900psf. *Faints*
wow below 1kpsf!!Quote:
Originally Posted by Kenshinto80
GRAB!:D
.. and why is that a bad thing ? ;)Quote:
Originally Posted by devilplate
It's totally good! below 1kpsf will be sold out!!!:D :D :DQuote:
Originally Posted by amk
If launched near to $900 psf, some might be tempted to go for the site at Serangoon ave 3, which is very near to the Lorong Chuan station, especially now that the circle line is in operation.
Guess the very "competitive pricing".. was referring to ave 3 site?
One thing so far i liked about Minton (from what i read) is the aircon badMinton hall. At least that is unique. :D
Quote:
Originally Posted by Kenshinto80
ave 3 site shd be from 1kpsf...so this one below 1kpsf can still sell...Quote:
Originally Posted by 2824
badminton court is nice...i only noe changi green/court got such luxury.