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Thread: Park Infinia (D11, Freehold, Keppel Homes)

  1. #311

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    Quote Originally Posted by dormer
    I don't think Lincoln Road of less than 10 metres wide will make any different in price like what you say. If this is true, why The Linc opposite to PI and just besides Miro selling lower than PI?

    Please also check the latest URA transcation. In facts the current price of PI is on par with Evelyn now. Of course a fair comparison must consider same floor and facing.

    It is absurd to say that PI is nearer to Thomson than Newton Area. I only hear others debating whether PI location is in Newton or Novena. You must be seeing MIRAGE!!
    All your comments don't make sense at all. If you don't know what you are talking about, then don't just shoot out nonsense.

    1st, you compared PI with the Linc. Come on, you are comparing apple with orange. The Linc is just an apartment with minimal facilities. Of course it will cost lower than PI. If PI is located at the Linc plot, then it will definitely be able to command a higher premium. Instead of stretching its land all the way to Thomson Road, imagine PI at the Linc plot will be able to stetch its land all the way to Newton Road. Miro & Lincoln Residences are already transacting at $1500psf. But PI has only gone downhill, now at between $1100psf to $1200psf.

    Next, you said it's absurd to say PI is nearer to Thomson Road than Newton Road. I wonder whether you know your locality at all. Why don't you drive out from Keng Lee Road & see whether the next road reads Thomson Road or not. Of course when I mention Thomson, I am just stating the road name. Obviously I mean the Novena district because Thomson Road is part of the Novena district! And I am not seeing mirage. YOU are the one seeing mirage. Why don't you just step inside PI, go to the main pool tomorrow & tell me what condos you are surrounded with. Or I'll just tell you to save you the trouble of going there. You'll see all the Thomson Road & Suffolk Road properties. You'll see The Spinnaker, Suffolk Premier, Ten @ Suffolk, future Lucida, Viva, The Strata & Thomson Euro Asia. All these properties are priced lower than Lincoln Road properties because they are situated in the Thomson / Novena district, whereas the true Lincoln Road properties are in the Newton district. However the opposite side of Lincoln Road is surounded by higher class neighbours. Newton 18, Amaryllis Ville, Newton Suites, Newton Gems, Iridium, The Lincoln Modern, The Sentinel & the future Miro, Lincoln Residences & Lincoln Suites. Now you tell me who is absurd, babbling nonsense & seeing mirage.

    Lincoln Road used to be an area with avantgarde boutique apartments, with Lincoln Modern leading the way. Suddenly a huge condo with the ugliest orange perimeter fencing ever came and spoil the place there. PI should be a Suffolk Road project instead. But because their land size is big and some of the land happen to spray into a small part of Lincoln Road, the developer is smart to utilize the prestige of Lincoln Road properties, by opening their main entrance at Lincoln Road, so that they can command a higher value. If their Suffolk Walk 2nd entrance becomes PI's main entrance, and PI address becomes Suffolk Walk (off Thomson Road), do you still think it can command such a high premium?

  2. #312

    Thumbs down

    Can a 90,000sq ft of land accomodate 2 tennis courts? I don't think many new condos have the facilities you mentioned, squash court, table-tennis table or bowling alley (especially for prime districts)? Could be quite passe by now. I think the developer is trying to create a sense of space, thus, the big lawn areas rather than facilities which no doubt as you pointed out can easily be included if they wanted. I agree that the brochure is misleading though (but which brochure does not?)

    I agree that Evelyn side should command a premium over PI because it is truly Newton but can't agree on Lincoln Rd properties. Please get your facts right also before you shout at others.

    In case you did not notice, The Lincoln Residences has dropped its prices significantly to move the sales. The following units were sold to related parties of Sim Lian with at best tiny discounts to public: #18-04 sold at 1367sq ft at 1201psf, #13-03 1324sq ft at 1156psf, #03-04 1776sq ft at 927psf, #12-04 1367sq ft at 1130psf.

    http://info.sgx.com/webcoranncatth.n...df?openelement

    http://info.sgx.com/webcoranncatth.n...df?openelement

    The public was being offered at $1100+ to 1300+psf recently (please refer to the units sold for Apr when it is released on 15th May). That is very similar to prices being sold at PI recently (certainly for the less desirable leftover units of PI). So, let's see...err...prime units of Lincoln Residences are being offered at same price as leftover units of PI? I think the market already tells you the answer, which is the preferred project.

    You said, "Miro & Lincoln Residences are already transacting at $1500psf. But PI has only gone downhill, now at between $1100psf to $1200psf."

    Your $1500 is for 3 units sold pre lehman crisis last year, please stop quoting prices from 8 months ago. Likewise, 1500 for Miro is for the only 2 units sold last October and is obviously a price which cannot move sales since then.

    If anything, for PI, if you buy the right units above #20 you get panaromic views as "The Spinnaker, Suffolk Premier, Ten @ Suffolk" you mentioned are all less than 20 storeys. What do you get if you buy The Lincoln Residences above #20? Your views get blocked by the "Newton 18, Amaryllis Ville, Newton Suites, Newton Gems, Iridium, The Lincoln Modern, The Sentinel & the future Miro, Lincoln Residences & Lincoln Suites." that you mentioned.

    Quote Originally Posted by raetan
    The facilities in PI are very basic to the t. Very surprising given the 233000sq ft of land size. A condo with just 90000 sq ft of land can accomodate all the PI facilities, without vying with 486 residents. The developer could have done so much more with the land they have. No steam room, no suana, no play pool, no games room, no billiard room, no foot reflexology path, no squash court, no table-tennis table, no golf putting green, no mini golf driving range, no jogging track, no karaoke room, no bowling alley... Plus the whole area really doesn't feel as big as the brochure describes it to be.

    Next, the location. Though the developer is marketing it as a Newton project, I am not convinced. I find the the whole PI plot is nearer to Thomson road than Newton Road. If you drive along Thomson Road, you can see PI very clearly & very near too. But if you drive along Newton Road, you can see that it's not as near. I believe this is the reason why PI is priced lower than Evelyn side of condos... which are really 100% Newton. However the opposite side of Lincoln Road, which has the future Miro, Lincoln Residences & Lincoln Suites are more Newton and therefore will definitely command a higher premium than PI, & equal value, if not more value than the Evelyn side of condos. In property location, especially small Singapore, just a street away or opposite sides of road can mean a difference in prestige, perception & price.

  3. #313

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    This forum already states all the pros of PI, & I agree that PI indeed has many things going for it. Thus my original post is simply to highlight 2 of the cons of PI. Ok. I know I am exaggerating about all the fanciful facilities. I am just disappointed because Keppel could have done so much more with the land size they have. The facilities are really lacking in relation to the land size. Eg, they could have easily added a steam room or suana in the jungle spa's changing room to create a better spa experience. But they simply choose to save cost. Instead they choose to waste space on useless things like volcano island. If you go inside the volcano island, you'll know what I mean. There's absolutely nothing inside. Maybe if there is rain suddenly, those swimmers can all crowd inside & use it as a rain-shelter. I live in a 48600 sq ft condo but it already has more facilities than PI, although the facilities are of course in a smaller scale.

    As for the location, I just want to highlight the true unbiased fact that PI is indeed nearer to Thomson Road than Newton Road. Street directory doesn't lie. Have a look on the street directory if you are still biase. When I mention PI's neighbours, I am not highlighting about the panaromic views on high floors. I am just reinforcing my point about PI's location... as PI's surrounding neighbours clearly show that it is located more Thomson than Newton. Similarly when I highlight about the opposite side of Lincoln Road, I am just highlighting the fact that properties on the opposite side of Lincoln Road / Surrey Road are truely Newton, as clearly shown by the surrounding neighbours.

    Lastly, the orange perimeter fencing of PI is a really ugly & mismatched.


    Quote Originally Posted by bargain hunter
    Can a 90,000sq ft of land accomodate 2 tennis courts? I don't think many new condos have the facilities you mentioned, squash court, table-tennis table or bowling alley (especially for prime districts)? Could be quite passe by now. I think the developer is trying to create a sense of space, thus, the big lawn areas rather than facilities which no doubt as you pointed out can easily be included if they wanted. I agree that the brochure is misleading though (but which brochure does not?)

    I agree that Evelyn side should command a premium over PI because it is truly Newton but can't agree on Lincoln Rd properties. Please get your facts right also before you shout at others.

    In case you did not notice, The Lincoln Residences has dropped its prices significantly to move the sales. The following units were sold to related parties of Sim Lian with at best tiny discounts to public: #18-04 sold at 1367sq ft at 1201psf, #13-03 1324sq ft at 1156psf, #03-04 1776sq ft at 927psf, #12-04 1367sq ft at 1130psf.

    http://info.sgx.com/webcoranncatth.n...df?openelement

    http://info.sgx.com/webcoranncatth.n...df?openelement

    The public was being offered at $1100+ to 1300+psf recently (please refer to the units sold for Apr when it is released on 15th May). That is very similar to prices being sold at PI recently (certainly for the less desirable leftover units of PI). So, let's see...err...prime units of Lincoln Residences are being offered at same price as leftover units of PI? I think the market already tells you the answer, which is the preferred project.

    You said, "Miro & Lincoln Residences are already transacting at $1500psf. But PI has only gone downhill, now at between $1100psf to $1200psf."

    Your $1500 is for 3 units sold pre lehman crisis last year, please stop quoting prices from 8 months ago. Likewise, 1500 for Miro is for the only 2 units sold last October and is obviously a price which cannot move sales since then.

    If anything, for PI, if you buy the right units above #20 you get panaromic views as "The Spinnaker, Suffolk Premier, Ten @ Suffolk" you mentioned are all less than 20 storeys. What do you get if you buy The Lincoln Residences above #20? Your views get blocked by the "Newton 18, Amaryllis Ville, Newton Suites, Newton Gems, Iridium, The Lincoln Modern, The Sentinel & the future Miro, Lincoln Residences & Lincoln Suites." that you mentioned.

  4. #314

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    agree with raetan..

    PI for its prices, doesnt give me that Div 1 league feel. more like Div 2.
    Key selling point for PI = "Big" or huge land area. not competing on quality or design...etc.

    lacking the Div 1 feel.

  5. #315
    Join Date
    Mar 2007
    Posts
    375

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    Why keppel chose main entrance to be on lincoln rd despite its inaccessibility? Because of prestige. PI could easily have had other mo accessible entrances, but then people will associate it with a Thomson Rd property.

  6. #316
    Join Date
    Mar 2007
    Posts
    375

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    I agree with Raetan. PI is really a Thomson Rd property, not Newton Rd. Note also that Thomson Rd is a v long road, stretching from D8 Owen Rd all the way up to D20 Marymount.

  7. #317

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    for PI prices, newton road properties are better buys

  8. #318

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    Miro & Lincoln Residences are already transacting at $1500psf. But PI has only gone downhill, now at between $1100psf to $1200psf.


    For a buyer , PI is a newton project.. period. You can visbly see PI from the newton hawker centre and the address speck for itself.

    I would personally prefer space and lots of it rather than has the whole project cramp together with so many amentities like, squash court , suana, golf etc.. thats the typical Sinagporean mentality of wanting so much more for the price that the pay. I rather enjoy my putting in my club.


    Also, if you are so damn good in analysing the Newton aka Thomson road project.. how come you cannot properly analyse the prices between PI and Miro ? The Miro project was launched later and it is sold at much higher developer price VS PI subsell unit....with those from the not so desirable facing ???

  9. #319

    Default

    I would personally prefer space and lots of it rather than has the whole project cramp together with so many amentities like, squash court , suana, golf etc.. thats the typical Sinagporean mentality of wanting so much more for the price that the pay. I rather enjoy my putting in my club.


    Also, if you are so damn good in analysing the Newton aka Thomson road project.. how come you cannot properly analyse the prices between PI and Miro ? The Miro project was launched later and it is sold at much higher developer price VS PI subsell unit....with those from the not so desirable facing ???[/quote]

    simple :

    PI was launched much earlier ...with a lower land cost and material cost

    Miro which came later ..would have construction cost 150-200 psf more ..

  10. #320

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    simple :

    PI was launched much earlier ...with a lower land cost and material cost

    Miro which came later ..would have construction cost 150-200 psf more ..

    Now we are talking .

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