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Thread: POLLEN & BLEU. D10 Farrer Drive, 99-yrs LH, Singland, Farrer Rd MRT

  1. #1
    Join Date
    Apr 2009
    Posts
    828

    Default POLLEN & BLEU. D10 Farrer Drive, 99-yrs LH, Singland, Farrer Rd MRT

    Launching soon. Likely after Chinese New Year of 2014. Stay tuned for more info.

    Direct competitor of D'Leedeon?

    2012 report by STProperty:
    http://www.stproperty.sg/articles-pr...e-site/a/70543

    "<Singland puts in top $113m bid for prime Farrer Drive site
    Singland Development put in the top bid of $113.2 million, or about $1,049 per sq ft per plot ratio.>

    SIX developers have lodged strong bids for a prime residential site on Farrer Drive.

    Singland Development put in the top bid of $113.2 million, or about $1,049 per sq ft per plot ratio (psf ppr).

    If bids for Sentosa sites are excluded, this would be one of the highest land prices in terms of psf ppr for a non-landed site under the Government Land Sales programme, said SLP International's head of research Nicholas Mak yesterday.

    Far East Soho, a unit of giant developer Far East Organization, bid $102.8 million, or about $952 psf ppr, while Tang Boulevard was fourth with $98 million, or about $908 psf ppr. Keppel Land unit Sherwood Development placed the lowest bid of $91.5 million, or about $848 psf ppr.

    Most of the bids for the 99-year leasehold plot beat expectations, said Mr Mak, who had tipped offers of from $89 million to $94 million.

    He noted that the site's prime location and the perceived lack of competition due to a scarcity of vacant development sites in the area were likely to be behind the good showing.

    The 6,268 sq m site was triggered for tender by a developer after it was made available for sale through the reserve list in April.

    The plot can accommodate between 120 units and 150 units, given its maximum permissible gross floor area of 10,030 sq m.

    Dennis Wee Group's senior manager of research and consultancy, Mr Lee Sze Teck, noted that the site attracted only six bidders despite being in the prime District 10.

    He attributed the low number to 'lacklustre sales at some centrally located projects' recently, renewed concerns in Europe and the prospect of more sites being released in the second half of the year.

    Mr Mak said the project could target investors, as it is likely to host smaller units.

    Experts said the site's breakeven price is between $1,450 psf and $1,550 psf. Launch prices for the new units could be from $1,750 psf to $1,800 psf."

    Last edited by sunboy77; 1st December 2013 at 05:04 PM.

  2. #2
    Join Date
    Apr 2009
    Posts
    828

    Default

    8 storeys high, 106 units.

  3. #3
    Join Date
    Dec 2008
    Posts
    3,719

    Default

    fight? no fight at all, lol.

  4. #4

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    the map a bit wrong ...

    where is says SALE SITE should be Sommerville Grandeur

    the site for sale should be on the right side of Sommererville Grandeur


    its a strip of land ...slightly lower ground and running almost parallel to sommerville grandeur ..

    its entrance is the 'rubbish collection point' of Sommerville park ..

  5. #5

    Default

    Quote Originally Posted by sunboy77 View Post
    Launching soon. Likely after Chinese New Year of 2014. Stay tuned for more info.

    Direct competitor of D'Leedeon?

    2012 report by STProperty:
    http://www.stproperty.sg/articles-pr...e-site/a/70543

    "<Singland puts in top $113m bid for prime Farrer Drive site
    Singland Development put in the top bid of $113.2 million, or about $1,049 per sq ft per plot ratio.>

    SIX developers have lodged strong bids for a prime residential site on Farrer Drive.

    Singland Development put in the top bid of $113.2 million, or about $1,049 per sq ft per plot ratio (psf ppr).

    If bids for Sentosa sites are excluded, this would be one of the highest land prices in terms of psf ppr for a non-landed site under the Government Land Sales programme, said SLP International's head of research Nicholas Mak yesterday.

    Far East Soho, a unit of giant developer Far East Organization, bid $102.8 million, or about $952 psf ppr, while Tang Boulevard was fourth with $98 million, or about $908 psf ppr. Keppel Land unit Sherwood Development placed the lowest bid of $91.5 million, or about $848 psf ppr.

    Most of the bids for the 99-year leasehold plot beat expectations, said Mr Mak, who had tipped offers of from $89 million to $94 million.

    He noted that the site's prime location and the perceived lack of competition due to a scarcity of vacant development sites in the area were likely to be behind the good showing.

    The 6,268 sq m site was triggered for tender by a developer after it was made available for sale through the reserve list in April.

    The plot can accommodate between 120 units and 150 units, given its maximum permissible gross floor area of 10,030 sq m.

    Dennis Wee Group's senior manager of research and consultancy, Mr Lee Sze Teck, noted that the site attracted only six bidders despite being in the prime District 10.

    He attributed the low number to 'lacklustre sales at some centrally located projects' recently, renewed concerns in Europe and the prospect of more sites being released in the second half of the year.

    Mr Mak said the project could target investors, as it is likely to host smaller units.

    Experts said the site's breakeven price is between $1,450 psf and $1,550 psf. Launch prices for the new units could be from $1,750 psf to $1,800 psf."

    The average asking psf is higher than Dleedon 1500-1700psf. which would you choose?

  6. #6

    Default

    will be a quantum game as usual. smaller units than d'leedon likely?

    Quote Originally Posted by dleedoner View Post
    The average asking psf is higher than Dleedon 1500-1700psf. which would you choose?

  7. #7

    Default

    D leedon 1-2 bdrm are more like 1900-2000 psf. But if the big units are also 1500-1700 I will be inclined to dleedon if buying for own stay as I have young kids and the big compound will be good for them.

    The remaining units at dleedon also offer good views and facingd

  8. #8
    Join Date
    Nov 2012
    Posts
    163

    Thumbs up Pollen & Bleu @ Farrer Drive Showflat Hotline: 61001778



    Pollen & Bleu @ Farrer Drive is a brand new development, by renowned developer, Singland. This development is located at 15 Farrer Drive, Singapore at Prime District 10.

    To download e-brochure, floor plans, VVIP Discount and register for priority preview, please go to Pollen & Bleu or dial the showflat hotline 61001778.

    Thank you.
    PropertySales.SG

  9. #9

    Thumbs up Pollen & Bleu @ Farrer Drive Call 6100 8486

    Pollen & Bleu is Singapore Land's latest launch located at 15 Farrer Drive.
    Expect only the best when it comes to the interior and exterior design. Nestled in a private enclave and surrounded by a many Good Class Bungalows and private apartments.

    Select from their exclusive 1 to 4 bedrooms apartments. Whether its for your own stay or for investment, there is something for everyone. A gem of an investment, be delighted to know that schools and many amenities are close by.

    Visit Holland Village or Dempsey Hill for the weekday gathering with friends. Do your grocery or weekly marketing at Tanglin Halt Market.

    Travelling to the city takes only minutes.

    Call 6100 8486 to register for VIP preview or alternatively read more here.
    Pollen & Bleu



    Read more abt Pollen & Bleu here. Or alternatively call 6100 8486 to register for VIP Preview.

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