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Thread: Pristine Heights at 77 Mergui Road

  1. #61

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    Quote Originally Posted by yukiari
    Anyone seen the showflat for clydes residence before? is the $1300 psf sounds reasonable for that area? thks
    This is to keep things in perspective. I viewed the studio units at Clydes Residence when it TOPed back in early 2006. Its was going for 380 - 400 k back then, translating to 700+ psf? Now its 1300 psf and its 5 years old? You judge.

  2. #62
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    Quote Originally Posted by bullman
    This is to keep things in perspective. I viewed the studio units at Clydes Residence when it TOPed back in early 2006. Its was going for 380 - 400 k back then, translating to 700+ psf? Now its 1300 psf and its 5 years old? You judge.
    Aiyo.. 10-yrs ago Gd98 is like $1.2/L & now $2/L.. don't tell me you own a car & don't pump petrol thinking is overpriced.
    But I tink Clydes Res looks quite old & quite bored.. maybe 1100-1200psf is ok for a MM unit.

  3. #63

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    Quote Originally Posted by Rysk
    Aiyo.. 10-yrs ago Gd98 is like $1.2/L & now $2/L.. don't tell me you own a car & don't pump petrol thinking is overpriced.
    But I tink Clydes Res looks quite old & quite bored.. maybe 1100-1200psf is ok for a MM unit.
    You are comparing petroluem, neccesary/compulsory if you own a car and w/o economical choice(other than brand) with an apartment unit which one has control on the choice of development, price, terms and conditions of sale and also entry/exit timing.

    Its like comparing oranges and apples?

    BTW, Clydes is not really an MM unit, remembered that its Studio unit is around 500 sqft. Cheers

  4. #64
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    A unit of 500sqft in size and below is classified as a MM unit though

  5. #65

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    Quote Originally Posted by Geylang OKT
    A unit of 500sqft in size and below is classified as a MM unit though
    Ok buddy. To be specific, the size of the studio is 570 sqft, so its not MM.

  6. #66
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    Quote Originally Posted by Reporter
    23 psf more for being 2-level higher.


    Pristine Heights
    Address....................... psf............... Area........ Price......... Contract Date
    77 Mergui Road #10-04.... $1,023 psf.... 850 sqft.... $870,000 .... 24 Mar 10
    #16-02 transacted at $1,264 psf on 18th February 2011 according to latest caveat.

  7. #67
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    Unit at Pristine Heights hits $1,264 psf
    The Edge Singapore
    Monday, 14 March 2011

    2 units at Pristine Heights were sold at record prices last month, with one setting a new high of $1,264 psf and another hitting $1,257 psf. The prices are above the peak of $1,202 psf in 2007, when a 732 sqft unit on the 17th floor was sold for $880,000. The 60-unit freehold apartment along Mergui Road is seeing renewed interest from homebuyers following the launch of Cityscape at Farrer Park a block away.

    In October last year, Mergui Development — a joint venture between Bursa Malaysia-listed IOI Properties, Singapore Exchange-listed KSH Holdings and LBH Pte Ltd — launched 75 units at Cityscape after KSH made an en-bloc purchase of Norfolk Court, Mergui Lodge, Northern Mansion, Mergui Court and The Mergui in 2007. Units range from 958 sqft for a 2-bedroom unit to 2,971 sqft for a penthouse. The 250-unit, 30-storey freehold development is expected to receive its temporary occupation permit (TOP) in 2015. Richard Tham, KSH’s project manager, says as at March 9, 43 units of Cityscape have been sold, fetching an average selling price of $1,400 psf.

    With Cityscape setting the new benchmark, older condominiums in the vicinity could see a jump in prices. The 16-year-old, 36-unit freehold Mergui Mansions, which sits between Pristine Heights and Cityscape, recorded its last transaction in March 2010, when a 1,431 sqft unit was sold for $945,000 ($660 psf).

    Kenny Lim, a property agent with Huttons, says apartments in projects such as Mergui Mansions and Pristine Heights are bigger compared with those in newer developments in the area such as City Loft along Race Course Road.

    Lim adds that Pristine Heights, which received its TOP in 2009, is one of the newer developments in the quiet neighborhood. It was developed by Fragrance Properties and units there range from 732 sqft for a 2-bedroom unit to 1,862 sqft for a penthouse.

    Centrally located between Novena and Little India, Pristine Height is a short drive from shopping facilities such as City Square Mall. The condo is also within walking distance of the Pek Kio market and hawker centre and a few bus stops away from the Farrer Park MRT station, where Connexion — a hospital-cum-hotel complex — is being built on top.

    Renu Mahajan, an agent with ARP’s Realtors, who is marketing a 3-bedroom unit at Pristine Heights for a rental of $5,400 a month, says response has been quite good, including enquiries from patients from the Middle East.

    From Feb 15 to 22, there were 2 transactions at Pristine Heights, according to caveats lodged with URA Realis. A 732 sqft unit on the 16th floor was sold for $925,000 ($1,264 psf) on Feb 18. That is a 13% gain for the previous owner who purchased the unit for $818,907 ($1,119 psf) in June 2007.

    Another 732 sqft unit on the 12th floor was sold for $920,000 ($1,257 psf) on Feb 21. This represents a 21% gain for the seller who purchased the unit for $760,000 ($1,038 psf) in June 2007.

  8. #68
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    Quote Originally Posted by Teana
    #16-02 transacted at $1,264 psf on 18th February 2011 according to latest caveat.
    #18-02, $1,282 psf, 4 March 2011.

  9. #69
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    With the side effect from Cityscape.. Pristine heights pushing for new high psf..

    PRISTINE HEIGHTS MERGUI ROAD Apartment $1,032,000 732 Strata 1,410psf Dec-12

  10. #70
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    Quote Originally Posted by Rysk
    With the side effect from Cityscape.. Pristine heights pushing for new high psf..

    PRISTINE HEIGHTS MERGUI ROAD Apartment $1,032,000 732 Strata 1,410psf Dec-12
    Yet another new high in psf..

    PRISTINE HEIGHTS MERGUI ROAD Apartment $1,100,000 732 Strata 1,532psf Mar-13

  11. #71
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    NB!.. UP & UP & UP..

    PRISTINE HEIGHTS MERGUI ROAD Apartment 1,390,000 1,076sf Strata 1,291psf May-13 (mid flr)

    PRISTINE HEIGHTS MERGUI ROAD Apartment 1,290,000 1,076sf Strata 1,198psf May-12 (high flr)

    PRISTINE HEIGHTS MERGUI ROAD Apartment 1,183,600 1,076sf Strata 1,100psf May-11 (high flr)

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