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Thread: Ferra condo in district 9 by Ferrari designer

  1. #21
    Join Date
    Jun 2007
    Location
    D15
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    5,095

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    http://www.youtube.com/watch?v=LOwMAGnbCQg

    The World thinks everything must be related to Singapore then is considered got standard and fashion lor.

    I stay here wait for them to BUY UP all my properties. WIN LIAO LOR...

    HUAT ARHHHHHH!!!

  2. #22

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    PUBLISHED MAY 01, 2013

    Far East's Ferra launches 30 units for sale

    BYNATHANIEL CHEW

    FAR East Organization is today launching 30 units of its 104-unit luxury condominium project, Ferra, for sale.

    Prices for the 22-storey development at 1 Leonie Hill start from $2.3 million for a 732 sq ft unit, or $3,160 psf.

    Unit sizes will range from 732 to 893 sq ft. There will be two additional 2,013 sq ft penthouses, but these have not yet been launched for sale.

    The site has a 103-year tenure, and Ferra is expected to attain its Temporary Occupation Permit in 2018.

    Ferra features a semi-white plan, in which homebuyers can customise their units to an extent, for instance by dividing the floorplan into rooms to their liking. Nonetheless, a selection of pre-designed layouts will also be available for buyers to choose from.

    The condominium is being designed by renowned Italian designer Paolo Pininfarina, who is new to the Singapore residential scene.

    Ong Kah Seng, director at R'ST Research, noted that as Singapore's prime residential market is currently facing weak sentiment, Ferra's limited launch and smaller unit sizes might see it receive "warm interest". "Singapore's prime residential market is facing headwinds currently, due to significant unsold stock and weakened buyers' demand as expatriates' housing allowances are significantly reduced in a corporate cost-cutting approach," he said.

    "However, new projects with exceptional design, released in small number of units, and preferably have predominantly units that have average, investor-pocket-friendly sizes, are expected to meet moderate buyers' interest."
    Ferra is the latest in Far East Organization's "ultra-luxury" Inessence brand of residential developments, which boasts a focus on design, prime locations, and a degree of personalisation.

    Other projects in the Inessence line include the Boulevard Vue, Alba, and [email protected] Boulevard.

  3. #23

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    FEO is aiming to be the next URA, HDB, JTC and SLA. Why? Cannot meh? They own the land forever!

    Quote Originally Posted by DKSG
    Just drove by just now to take a look at the existing site ...

    Wow! The black side of the building will have an awesome view!

    But considering the units still stuck in Twin Peaks, Lumos, etc etc ... I think unlikely they will launch soon.

    Let me check with developers what are their launch plans.

    Time to save up more money to buy something like this.

    DKSG

    PS : They cleverly sell you 103 years (again!)
    Yee ha! Did I tickle your funny bone?


  4. #24

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    Quote Originally Posted by ecimbew
    FEO is aiming to be the next URA, HDB, JTC and SLA. Why? Cannot meh? They own the land forever!

    would be fun if their land were to be acquired .......

    but guess that will never happen ... I am sure FEO is People with the right connection and has the right info

  5. #25

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    BT understands that seven out of the 30 units released at the 104-unit Ferra were taken up. Prices for the 103-year leasehold project started from $3,160 per square foot, or $2.3 million for a 732 sq ft unit.

    Of the unit types available, the most popular are those that range from 883-893 sq ft. The project features three types of units - 32 units which are 732 sq ft; 70 units that range from 883-893 sq ft; and two 2,013 sq ft penthouses.

    The development, which is coming up on the site of the current Leonie View serviced apartments which Far East is redeveloping, is part of the ultra-luxury Inessence brand.

    The Inessence brand, which was launched in 2010, has three existing residences in its portfolio - Boulevard Vue, Alba, and [email protected] Boulevard.

    Ferra features a semi-white plan which allows homebuyers to customise their living spaces. With the layout of only the kitchens and bathrooms fixed, owners are able to determine the number of rooms they want by deciding on the number of walls and partitions to be constructed within each unit.
    Buyers can also pick from a selection of interior themes which were chosen by Italian car designer Paolo Pininfarina.

  6. #26

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    Anyone knows what is going on with this project? I walk my dogs in this area and there hasn't been any construction activity at all. There is no way TOP can happen in 2018 at this rate. Seems only 3 units have been sold since 2013....

    10 JUN 2013 1 LEONIE HILL #07-05 NEW SALE 893 STRATA 3,273 2,924,500
    28 MAY 2013 1 LEONIE HILL #05-03 NEW SALE 732 STRATA 3,116 2,280,765
    23 MAY 2013 1 LEONIE HILL #05-02 NEW SALE 893 STRATA 3,283 2,933,180

  7. #27

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    Quote Originally Posted by Ayeya View Post
    Anyone knows what is going on with this project? I walk my dogs in this area and there hasn't been any construction activity at all. There is no way TOP can happen in 2018 at this rate. Seems only 3 units have been sold since 2013....

    10 JUN 2013 1 LEONIE HILL #07-05 NEW SALE 893 STRATA 3,273 2,924,500
    28 MAY 2013 1 LEONIE HILL #05-03 NEW SALE 732 STRATA 3,116 2,280,765
    23 MAY 2013 1 LEONIE HILL #05-02 NEW SALE 893 STRATA 3,283 2,933,180
    but its by far east so it can't be in trouble? instead, they could have changed their plan and bought out these guys?

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