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

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    Attached Images Attached Images

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    Welcome to the Terrasse Community. Here's a place where Terrassians can hang out and make friends, at our beautiful home.
    This group is only for Terrasse residents, to join the group, the admin may ask for your unit number and/or evidence of residence before any approval is granted. If we do not receive a response, we will deem that the request is illegitimate.

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    Thank you and have fun!

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    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.

  7. #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.

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    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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