The Inflora @ Flora Drive (99 Years Leasehold, Hong Leong)

[azeoprop]

Wonder if their 4xxk is low 4xx or high 4xx?

[mermaid]

rental mayb hard.
MM in such loc is really a big risk.
Tink might run the risk of hearing planes flying cos my side can hear it.

[Regulators]

I strongly feel entry at $4xxk, there is plenty of room to move up further, reaching $6xxk mark. This project looking at cap gain.

[iridrium]

Very simple, just answer whether $400k to $650k is more plausible or $$750k to $1 million for MM in the ocr? How much more resistance would the next buyer face in buying jgateway MM at $1 million in future as opposed to flora drive MM at $650k.

Simple answer to you. No. Not worth the purchase, limited upside.

Try even to find flora drive. Lol. Tanah merah wor.

[iridrium]

I strongly feel entry at $4xxk, there is plenty of room to move up further, reaching $6xxk mark. This project looking at cap gain.

Good for you. Pls buy a few more units. And all the best for your cap gain.

[mermaid]

I strongly feel entry at $4xxk, there is plenty of room to move up further, reaching $6xxk mark. This project looking at cap gain.

if 1 bedder at $950psf, I will agree wif u.

[Regulators]

I don't buy MMs

Good for you. Pls buy a few more units. And all the best for your cap gain.

[azeoprop]

For potential 1 bedder buyers, Parc Olympia 1 bedder pricing range was:
Min:
PARC OLYMPIA FLORA DRIVE Condominium 17 OCR 99 yrs lease commencing from 2012 1 457,800 495 Strata 01 to 05 925 Aug-12
Max:
PARC OLYMPIA FLORA DRIVE Condominium 17 OCR 99 yrs lease commencing from 2012 1 541,450 495 Strata 06 to 10 1,094 Sep-12

[dtrax]

Nice Numbers:
1. 488k
2. 688k
3. 888k
4. 1.08mil
4DK. 1.18mil

[Tim Wong]

> Duplicate post; posting bug~

[dtrax]

I strongly feel entry at $4xxk, there is plenty of room to move up further, reaching $6xxk mark. This project looking at cap gain.

Yup that's what I tot too. Judging from Parc Rosewood story, looking at Alexis Story. Low-mid 6xxk is probably the best guesstimate imo. For MM play, look at quantum not psf. If compare to the next tier around the area or other places, probably the next competitor will be a 2rm new launch/BUC. Since most 700+sqft new launch 2rm are in the range of high 6xx or 7xxk in OCR. A 4xxk 1rm MM at best will probably hit below wad a 2rm new launch can probably sell at today's market. Of course if wait till these 1rm TOP, the rental yield will also play a bit part since the next investor who take over will probably consider the yield amount as a fair consideration to hoot 1x. So if wanna hoot a MM, must seriously consider and recce the surrounding areas very carefully

[Tim Wong]

Flora Drive is beside the Japanese School there... how can they mix up and say that it is at Tanah Merah?

*ROAR*

Anyway, the elevation chart and unit distribution is now available; just released yesterday:
https://docs.google.com/file/d/0B9vq...?usp=drive_web

This thread will always have the latest information on Inflora, as the developers periodically update us with the current and latest developments.

Some updates, the showflat will be ready for VVIP viewing on 12-22 Oct. For those who wish to place an advance booking before launch day, you may also do so via cheque.

To book a VVIP appointment and/or get floor plans, please register at:
https://docs.google.com/forms/d/15i-...SsUM8/viewform

If there are any early bird discounts, since such 3% discount for the 1st week, we will also update as well.

On a side note, I feel that entry to the market must be of comfort to you. As long you don't pay a premium on PSF in similar areas to you, your risk has already been lowered. That's one of the most important things to look out during this season.

[terrynfs]

mid 4xxk or high 4xxk?

[delirious]

No idea at the moment, but definitely will be priced competitively.
indicative floor sizes can be seen on the site


--------------------

Project Name: The Inflora
Developer: Tripartite Developers Pte Ltd
Address: 51,53, 55, 57, 59, 61, 63, 67, 69 Flora Drive
Land Tenure: 99 Years Lease Commencing From 25th May 2012
T.O.P Estimated 31st December 2015 (2017 based on S&P)
Site Area: Estimated 21,700 sqm
Number Of Units: 396 (9 blocks of 8 storeys high)
Typical Unit Layouts: 1 bedroom, 1 bedroom with pes, 2 bedrooms, 2 bedrooms with PES, 2 Bedrooms +study, 2 bedrooms + study with PES, 3 bedrooms, 3 bedrooms with PES, 3 bedrooms with roof terrace, 4 bedrooms, 4 bedrooms with PES, dual key (3+1 bedrooms), dual key (3+1 bedrooms with PES)
Facilities: Standard Condominium Facilities

Irresistible Prices!!!

1 Bedroom From $4xxK Only!

2 Bedroom from $6xxK Only!

2+Study from $7xxK Only!

3 Bedroom from $8xxK Only!

4 Bedroom from $10xxK Only!

[star]

Buy this is better than johor dengue bay.

[Village Idiot]

Buy this is better than johor dengue bay.

Would this be considered a better buy than The Glades at Tanah Merah? It's certainly way, way, way cheaper. Could buy 2 1-bed units here for the price of a 2-bed compact at The Glades.

[phantom_opera]

really ultimate, 1br even smaller than Sky Vue

[gav108]

really ultimate, 1br even smaller than Sky Vue

actually the same, though inflora is 43 vs sky vue's 45 sq m , as sky vue's air con ledge is almost 2 sq m larger. plus sky vue's has a walk-in wardrobe which is waste of space for such a small unit.

[mermaid]

actually the same, though inflora is 43 vs sky vue's 45 sq m , as sky vue's air con ledge is almost 2 sq m larger. plus sky vue's has a walk-in wardrobe which is waste of space for such a small unit.

for mm, aircon ledge bigger den 1 sqm is bad design liao!

[Tim Wong]

Would this be considered a better buy than The Glades at Tanah Merah? It's certainly way, way, way cheaper. Could buy 2 1-bed units here for the price of a 2-bed compact at The Glades.

You know, Glades is actually also a PropNex product... but I never ever ask any of my friends to buy Glades or Urban Vista, cause I feel it is definitely not worth $1,300-$1,400 psf for that location. Furthermore, these are 99-year lease properties.

I mean, for just a bit more money, I can buy a unit at Oxley, 5 min walk to Liang Court, 10 min walk to Orchard, at only $1700-$1800 psf. And you know what... it's freehold some more. If you were paying that price for Urban/Glades, might as well pay a bit more and stay in District 9.

[newlaunchproperty]

The Inflora@Flora Drive

Launching Very Soon!!!

Wide range of recreational facilities!
Units with North-South orientation!
Superb Pricing! Will be priced to sell!

1 Bedroom From $4xxK Only!
2 Bedroom from $6xxK Only!
2+Study from $7xxK Only!
3 Bedroom from $8xxK Only!
4 Bedroom from $1.0xMil Only!

[delirious]

Register to sneak peak the showflat from 12th Oct!

Irresistible Prices!!!

1 Bedroom (462-495sqf) From $4xxK Only!

2 Bedroom (742-818sqf) from $6xxK Only!

2+Study (818-882sqf) from $7xxK Only!

3 Bedroom (1033-1108sqf) from $8xxK Only!

4 Bedroom (1302-1334sqf) from $10xxK Only!

[Tim Wong]

Woah~

Here are the transacted data for the past 6 months for Hedges Park, Parc Olympia & Palm Isles for Flora Drive area where InFlora is located. They are all either 100% or close to 100% sold.



Now, there has been a lot of talk about what the prices might be. Alright, these are NOT developer prices (they ONLY release it on launch date to everyone), but purely my own speculation based on the data and unit sizes on elevation chart:

The prices COULD be:

1 BR: $462,074 - $494,010 (based on $998 psf)
2 BR: $704,364 - $775,464 (based on $948 psf)
2+1 BR: $775,464 - $837,084 (based on $948 psf)
3 BR: $910,073 - $977,029 (based on $881 psf)
4 BR: $1.10m - $1.13m (based on $837 psf)
Dual Key (7 BR): $1.21m - $1.31m (based on $829 psf)

Showroom preview is from 12 Oct by appointment only, and you can submit cheques from 12-24 to indicate your choice unit before launch day.

Official sale date is 25 Oct. Priority booking of choice unit will be by cheque balloting. If no one picks the same unit as you, you will have 1st priority to own that unit. Cheque will be returned to you if you choose not to buy.

To register for VVIP showroom viewing and floor plans, please do so here:
https://docs.google.com/forms/d/15i-...SsUM8/viewform

Or just simply give me a call/text.

Good luck!

[mummy]

Very attractive prices but do not like the design of the building and large balconies.

[propertyinvestor]

Woah~

Here are the transacted data for the past 6 months for Hedges Park, Parc Olympia & Palm Isles for Flora Drive area where InFlora is located. They are all either 100% or close to 100% sold.



Now, there has been a lot of talk about what the prices might be. Alright, these are NOT developer prices (they ONLY release it on launch date to everyone), but purely my own speculation based on the data and unit sizes on elevation chart:

The prices COULD be:

1 BR: $462,074 - $494,010 (based on $998 psf)
2 BR: $704,364 - $775,464 (based on $948 psf)
2+1 BR: $775,464 - $837,084 (based on $948 psf)
3 BR: $910,073 - $977,029 (based on $881 psf)
4 BR: $1.10m - $1.13m (based on $837 psf)
Dual Key (7 BR): $1.21m - $1.31m (based on $829 psf)

Showroom preview is from 12 Oct by appointment only, and you can submit cheques from 12-24 to indicate your choice unit before launch day.

Official sale date is 25 Oct. Priority booking of choice unit will be by cheque balloting. If no one picks the same unit as you, you will have 1st priority to own that unit. Cheque will be returned to you if you choose not to buy.

To register for VVIP showroom viewing and floor plans, please do so here:
https://docs.google.com/forms/d/15i-...SsUM8/viewform

Or just simply give me a call/text.

Good luck!

I thought indicative for 3 bedder only 8xxk??

[mermaid]

Woah~

Here are the transacted data for the past 6 months for Hedges Park, Parc Olympia & Palm Isles for Flora Drive area where InFlora is located. They are all either 100% or close to 100% sold.



Now, there has been a lot of talk about what the prices might be. Alright, these are NOT developer prices (they ONLY release it on launch date to everyone), but purely my own speculation based on the data and unit sizes on elevation chart:

The prices COULD be:

1 BR: $462,074 - $494,010 (based on $998 psf)
2 BR: $704,364 - $775,464 (based on $948 psf)
2+1 BR: $775,464 - $837,084 (based on $948 psf)
3 BR: $910,073 - $977,029 (based on $881 psf)
4 BR: $1.10m - $1.13m (based on $837 psf)
Dual Key (7 BR): $1.21m - $1.31m (based on $829 psf)

wah! very expensive wor if inflora r priced similar to the previous few launches!
many recent projects alrdy discounted ...

[Wimsey]

Some more details on the Inflora launch:

SHOWFLAT
Can see some showflat photos here: Inflora Showflat.


ESTIMATE PRICING RANGES
1 Bedroom (463 sf) From $4xxK (Estimate roughly $450K to $550K)

2 Bedroom (743 sf) from $6xxK (Estimate roughly $650K to $750K)

2+Study (818 sf) from $7xxK (Estimate roughly $750K to $850K)

3 Bedroom (1033 sf) from $8xxK (Estimate roughly $850K to $950K)

4 Bedroom (1302 sf) from $1.0xM (Estimate roughly $1050K to $1150K)

4 Bedroom Dual Key (1464 sf) from $1.1xM


This place is not the most accessible to an MRT station, but it has a nice peaceful feel to it. The density around here the Inflora neighbourhood is pretty low, only 1.4 plot ratio. Doesn't feel so crowded or congested.

Not many new condos (except ECs) nowadays can get a decent sized 3 bedder for $8xxK...

[Tim Wong]

wah! very expensive wor if inflora r priced similar to the previous few launches!
many recent projects alrdy discounted ...

Of course my guess on the numbers tends to be a little conservative; it's just simply based on past data. PSF between units always vary greatly even though they are the same sizes when you include facing, pool/city view and the levels that they are situated on.

A example will be like Sea Horizon. The sea views are like about $1.05m, whereas the city view units at around $0.88m, even though they are all 3 bedroom units. That's almost a $200,000 difference.

Anyway, if they really price it below past data, then this project will fly, especially when you consider that the developer is Hong Leong, the very people whose group members include CDL and TID, who have a history of making luxury projects such as St Regis Residence, The Sail, City Square Residences and Oceanfront at Sentosa.

[terrynfs]

from http://www.propnexlaunches.com/theinflora/

it shows 488k, 688k, 888k, etc.

does this price confirmed?

[Tim Wong]

from http://www.propnexlaunches.com/theinflora/

it shows 488k, 688k, 888k, etc.

does this price confirmed?

Nope. Like I mentioned, the official price list release date from the developer is on Fri, 25 Oct to all parties. Any other prices that you see are all guesses/estimates, unless you are the developers.

However, you can still view and book units via a cheque from 12-22 for VIP's; please contact me if you wish to do so. Periodically sometimes developers (for example Tag A @ Tagore) give discounts on 1st day purchases; I don't think there will be (no wind currently), but if there are any I will also update everyone on my list.