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Thread: Terrasse (D19, 99 years LH, MCL Land (Serangoon) Pte Ltd)

  1. #586
    Ultimate Underdog
    Join Date
    May 2012


    Quote Originally Posted by Arcachon View Post
    Really nice and exclusive. Thanks for sharing.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  2. #587


    Serangoon North Avenue 1
    Date of Award 2 August 2017
    Successful Tender Price $446,280,000
    Gross Floor Area 42,973(m2)
    Site Area 17,189.1(m2)

    Date of Award 25 May 2010
    Successful Tender Price $207,500,000
    Gross Floor Area 42,274(m2)
    Site Area 30,195.5(m2)

    The top bid, from a partnership between a unit of Keppel Land and a unit of Wing Tai, was S$446.28 million, or S$964.81per square foot per plot ratio (psf ppr). The 1.72-ha site can yield an estimated 505 housing units.

  3. #588

  4. #589


    My friends tell me market so bad and I tell them if I can find 400psf profit will they buy and all of them disappear.

    The estimated breakeven is S$1,500 psf and the implied launch price could be above S$1,650 psf versus about S$1,000 psf for recent transactions in the area.

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