Riversails (Upper Serangoon Crescent) - 99 Yr LH, Allgreen Properties Ltd

[carbuncle]

allgreen u can forget abt cheap sale. one of the most stubborn developers.

[bakasa2002]

from some websites, psf starts from 700+, vvip delayed to 22 Sep

Wouldn't this be almost same price as heron ec? Ard same area?

[terrynfs]

Wouldn't this be almost same price as heron ec? Ard same area?

yah, i guess psf won't be very high as they got the land very cheap, high plot ratio, and lousy floor plan

[azeoprop]

Maybe this will be the critical spoil market development. Launch at 700psf, sink boathouse, silence riversound and shoot down heron bay.....only riversails shall cruise ahead.

[azeoprop]

Construction already started even before launching for sale.

[Komo]

looks that they are pricing to sell

[Komo]

almost 1000 units on land of just 260+k sqft, it's really going to be very cramp, and somemore at an inconvenient location...not surprised if price is in lower $700psf range

[bakasa2002]

almost 1000 units on land of just 260+k sqft, it's really going to be very cramp, and somemore at an inconvenient location...not surprised if price is in lower $700psf range

Then Heron bay EC will be even cheaper?

[Kenshinto80]

almost 1000 units on land of just 260+k sqft, it's really going to be very cramp, and somemore at an inconvenient location...not surprised if price is in lower $700psf range

Yup, heard from agent outside Heartland Mall going to be $780psf average. 4 bedder 1367sqft going to be priced below 1.1Mil. Allgreen going for show hand n out price Riversound and Boathouse.

[bakasa2002]

Yup, heard from agent outside Heartland Mall going to be $780psf average. 4 bedder 1367sqft going to be priced below 1.1Mil. Allgreen going for show hand n out price Riversound and Boathouse.

Wah, cheaper than Olympia! When is if launching?

[azeoprop]

Hopefully their 1 bedders will be priced like ripple bay at around 420k...

[phantom_opera]

Hopefully their 1 bedders will be priced like ripple bay at around 420k...

would u buy in that case?

the site plan looks hellish on

Site Area: 265013 sq ft (I think slightly bigger than Casa Merah or Waterfront Isle 230ksqft ) but it has 920 units compared to CM/WFI 5XX units

[azeoprop]

I guess the advantage of such design will be much lower monthly maintance costs.

[ysyap]

Reminds me of Luxurie... also very congested.

[2824]

looks like the river view would be the preferred choice as all the 3-4 bedders all facing there.

Well at least most of the 1-2 bedders can get pool/water view, which is less of the case for other developments.

[phantom_opera]

Please lah, Casa Merah/WFI 5XX units 230ksqft, Caspian 240ksqft 720 units, A Treasure Trove Site area: ~296298 sqft and 8XX units, this one 260ksqft 9XX units ... it is stretching too much

ATT/Caspian are also 17/18 floor height I think, is already so congested, this one will be like Hong Kong standard, I suspect the site plan is totally drawn not to scale

[4wheels]

looks like the river view would be the preferred choice as all the 3-4 bedders all facing there.

Well at least most of the 1-2 bedders can get pool/water view, which is less of the case for other developments.

do they still have river view? I remember there is a HDB BTO project by the side of the river.

[bargain hunter]

Hdb on its west (including MSCP), hdb on the east (after Upper Serangoon Road). "river" is north of the project and beyond that, road noise from buangkok drive but that's manageable for now until the rest of the area is further developed.

do they still have river view? I remember there is a HDB BTO project by the side of the river.

[thunderbird]

Probably one of the worst choice to buy a condo. The only reason if one can even think of buying is the price. Location is crappy and super crammed.

[4wheels]

Hdb on its west (including MSCP), hdb on the east (after Upper Serangoon Road). "river" is north of the project and beyond that, road noise from buangkok drive but that's manageable for now until the rest of the area is further developed.

That is not river lay. That is just a monsoon drain. On the east is the actual Serangoon river, but there is a HDB BTO just beside the PCN.

[Kenshinto80]

Probably one of the worst choice to buy a condo. The only reason if one can even think of buying is the price. Location is crappy and super crammed.

Everything has a price. If the location or design is poor，then the price must compensate...that is Economics. So any project can be sold. Marketing and perception also important. Look at Far East Organisation, their marketing is first class.

[bakasa2002]

Please lah, Casa Merah/WFI 5XX units 230ksqft, Caspian 240ksqft 720 units, A Treasure Trove Site area: ~296298 sqft and 8XX units, this one 260ksqft 9XX units ... it is stretching too much

Wow, this one really milking profit man. I'm not familiar w the area but I believe Minton has 1xxx units but on a much larger plot?

[terrynfs]

ppr 291, lowest since 2009
if priced right, this project will be a sold out

[thunderbird]

Everything has a price. If the location or design is poor，then the price must compensate...that is Economics. So any project can be sold. Marketing and perception also important. Look at Far East Organisation, their marketing is first class.

I agree, Far East is just in a class of its own. I still wonder how they sold Watertown for 1200 - 1400 psf... even higher than some of the east coast and bukit timah condos. For Riversails, if priced below 800psf, all HDB upgrader's eyes will lit up and will take the plunge. At the end of the day, it's still a condo.

[Beebot]

That is not river lay. That is just a monsoon drain. On the east is the actual Serangoon river, but there is a HDB BTO just beside the PCN.

Yes, there is an HDB coming up just opposite Rivesails, on the river side. I live in Punggol and jog past the area very often. So I guess any view will be blocked.

[radha08]

I agree, Far East is just in a class of its own. I still wonder how they sold Watertown for 1200 - 1400 psf... even higher than some of the east coast and bukit timah condos. For Riversails, if priced below 800psf, all HDB upgrader's eyes will lit up and will take the plunge. At the end of the day, it's still a condo.

another sell out fast one...uncle aunty...ahbeng ...all cheong to buy...maybe will be singapore first condo with owe$pay$ sprayed on lift lobby in a few years time...

[phantom_opera]

buy anything below 1000psf now ... in 2y time, nothing is below 1000psf

[radha08]

would u buy in that case?

the site plan looks hellish on

Site Area: 265013 sq ft (I think slightly bigger than Casa Merah or Waterfront Isle 230ksqft ) but it has 920 units compared to CM/WFI 5XX units

can HUG ur neighbour hopefully chio-bu...

[radha08]

Wah, cheaper than Olympia! When is if launching?

haha ur RADAR turned on...

[azeoprop]

ppr 291, lowest since 2009
if priced right, this project will be a sold out

This is the lowest land cost in recent history. Hopefully the developer will not be too profit hungry and pass the savings to buyers. At 291psf ppr, this is 25% cheaper than riversound's land cost.