Page 1 of 5 12345 LastLast
Results 1 to 20 of 83

Thread: Sims Urban Oasis (D14, 99-year leasehold, Guocoland)

  1. #1

    Default Sims Urban Oasis (D14, 99-year leasehold, Guocoland)

    http://www.businesstimes.com.sg/real...-drive-amended

    GuocoLand ramps up marketing for new condo in Sims Drive (Amended)

    The 2.4 ha Sims Urban Oasis features a sky park and a 300 sqm childcare centre

    By Lynette Khoo

    lynkhoo@sph.com.sg@LynetteKhooBT

    3 Dec


    GUOCOLAND is slated to launch its 1,024-unit condo project in a quiet enclave off Aljunied Road only early next year, but has started drumming up interest in the project and its location.

    A Facebook page for the Sims Drive project and an interactive map showing the nearby amenities, schools and well-known eating places have been launched.

    Sims Urban Oasis, as the 99-year leasehold project has been named, will be among the very few Singapore condo projects to house a childcare centre.

    GuocoLand said it is getting the necessary approvals to begin sales, so it has not firmed up the details on pricing and the initial number of units to be released.

    GuocoLand (Singapore) managing director Cheng Hsing Yao told TheBusiness Times: "We will price it appropriately, which means we will look at the market, the interest, our products and take all factors into consideration."

    The childcare centre, at 300 sqm in size, will most likely be able to take in 30 to 50 children. Though it is open to outsiders, the landscaping will be such that non-residents will not be able to wander into the project.

    Mr Cheng said that, besides pricing, product positioning would be crucial in the current market conditions. Sims Urban Oasis will target diverse groups of owner-occupiers - from young couples, small families and singles to multi-generation families.

    There are compact suites, Soho (small office, home office) units, "lifestyle" apartments overlooking landscaped gardens and pools and larger units, which will have the option of dual keys, for multi-generational families.

    Analysts are expecting GuocoLand to price Sims Urban Oasis competitively relative to TRE Residences, a 250-unit project next to Aljunied MRT station recently launched by an MCC Land-led consortium. About 20 per cent of units there went at an average of S$1,416 per square foot (psf).

    R'ST Research director Ong Kah Seng said he expects GuocoLand's project to debut at about S$1,350 to $1,400 psf, based on its land price.

    While deeming it a strategic move to target owner-occupiers given the size of the project, he noted that rental prospects are still quite positive in the locality, where rents averaged S$3.40 per sq ft per month in the third quarter.

    Mr Cheng said the large size works to the project's advantage; the 2.4-ha development will house a wide range of facilities that include a sky park, from which residents can watch fireworks, given the project's proximity to Marina Bay and the Singapore Sports Hub. Sims Urban Oasis is a few minutes' walk from Aljunied MRT station, and just one MRT station away from the up-and-coming Paya Lebar Commercial Hub, where numerous jobs are being created.

    Elsewhere, GuocoLand sold 15 units at Clermont Residence, the residential component of its first mixed-use project in Singapore, at prices above S$3,000 psf. This 181-unit luxury project in Tanjong Pagar was launched in late 2013, a few months after the lending curb known as TDSR (total debt servicing ratio) was implemented.

    Mr Cheng said: "Certainly, the cooling measures had an impact, that's for sure. We're reviewing our plans for Clermont and we'll be responding to the market as we go along."

    The project, expected to be completed in 2016, also comprises a 38-storey Grade-A office building named Guoco Tower, 100,000 sq ft of retail space and a 202-room luxury business hotel to be managed by glh.

    Mr Cheng said the group has already approached potential tenants for the office and retail space.

    Clarification: An earlier version of this article incorrectly stated the size of the childcare centre. The article above has been revised to reflect this.

  2. #2

    Default Sims Urban Oasis

    Hi,

    Anyone went to Sims Urban Oasis and purchased any units there?

    How is the potential of the units there?

  3. #3

    Default

    Some of my friends went to see. They are interested but do not want to commit now as they fear price might drop further this year.

    Anyway most of the initial launch stacks are facing the expressway.

    Www.simsurbanoasis.com.sg

  4. #4

    Default

    Quote Originally Posted by highboy View Post
    Yes, 1.25M for a 3-bedder is attractive but its for the really tiny 818sqft unit and most likely low floor without much view too. 818sqft is the smallest 3-bedder Ive seen, very low quality living with family unless you're buying to rent. And again, you've got to take into account the large supply of units coming up in the next few years. Those seeking a source of passive income may have their hopes dashed. So be prudent with your purchases.

    I think Bartley Residences is a much better choice, surrounded by private housing and an MRT station at your doorstep. Its unit size is I think the minimum for comfortable living. Condo sizes are really getting tinier these days!
    For ur reference, I jus copy and paste this quote from another discussion.

  5. #5

    Default

    Symphony suites 3 bedder is only 786 sqft loh.... Haa haa.

  6. #6

    Default

    Quote Originally Posted by azeoprop View Post
    Symphony suites 3 bedder is only 786 sqft loh.... Haa haa.
    No balcony mah... Remove the balcony shld be sama sama liao lah... Lol

  7. #7

    Default

    Nowadays condominiums are like a downgrade from hdb haa haa.

  8. #8
    Join Date
    Dec 2008
    Posts
    3,678

    Default

    Downgrading to HK standards.

  9. #9

    Default

    Quote Originally Posted by MrTan View Post
    For ur reference, I jus copy and paste this quote from another discussion.
    cannot compare Sims to Bartley Residences.

    The former has a better location, closer to city than Bartley. However the project doesnt look interesting.

  10. #10

    Default

    Quote Originally Posted by azeoprop View Post
    Nowadays condominiums are like a downgrade from hdb haa haa.
    and hdb are now more and more like condo already... lol

  11. #11

    Default

    Quote Originally Posted by azeoprop View Post
    Some of my friends went to see. They are interested but do not want to commit now as they fear price might drop further this year.

    Anyway most of the initial launch stacks are facing the expressway.

    Www.simsurbanoasis.com.sg


    Thanks, i got a unit there. Anyway its TOP in 4-5 years...by then Market would be different. I Hope :-)

  12. #12

    Default

    Wat is the psf price for tis project ?

  13. #13

    Default

    Quote Originally Posted by henryhk View Post
    Wat is the psf price for tis project ?
    1st Phase Release
    1-Bedroom #05-33 409sf $572,913
    1-Bedroom (Loft) #04-48 463sf $682,587
    2-Bedroom #05-36 624sf $805,140
    2-Bedroom (Loft) #05-53 710sf $955,962
    3-Bedroom Compact #03-02 818sf $1117,395
    3-Bedroom #04-29 958sf $1260,728
    3-Bedroom (Dual Key) #05-32 958sf $1272,267
    4-Bedroom Compact #05-18 990sf $1356,426
    4-Bedroom (Dual Key) #04-25 1442sf $1900,908
    4-Bedroom Premium #02-56 1206sf $1636,767
    5-Bedroom #04-26 1722sf $2269,944

  14. #14

    Default

    New project sales status: Over 100 units sold at Sims Urban Oasis

    Guocoland has sold more than 100 units at its 1,024-unit Sims Urban Oasis condo project at Aljunied since sales began on Feb 14.

    Some 200 units ranging from one to five-bedroom units were released in the first phase, with selling prices of between $1,295 and $1,595psf.

    The nearly 2.4-hectare site fronting Sims Drive, Aljunied Road and the Pan Island Expressway (PIE) was acquired by GuocoLand last year at $530.9 million or $687.9psf of potential gross floor area.

    Market watchers noted that the sales performance for the 99-year leasehold Sims Urban Oasis was largely within expectations given today's subdued environment.

    Almost 90% of the buyers are Singaporeans. Half of the buyers are owner-occupiers.
    Source: BT

  15. #15
    Join Date
    Apr 2012
    Posts
    1,295

    Default

    Can share a bit more as in psf purchased, which type? I think this is a good project with some mixed retail shop and childcare. Could be targeting young couples as well. And being so near to mrt, I don't expect it to be bigger than some of those far away projects.

    Overall if u know what is coming up in that area, a good Project. The only golden question is the Timing.......

    Quote Originally Posted by andytanaikwee View Post
    Thanks, i got a unit there. Anyway its TOP in 4-5 years...by then Market would be different. I Hope :-)

  16. #16

    Default

    212 out of 1024 units sold . 1 and 2 bedders moving real fast !

  17. #17

    Default

    https://www.facebook.com/groups/1563910343886693/

    Sims Urban Oasis by Guocoland Facebook for future resident.

    Welcome to the Sims Urban Oasis Community. Here's a place where future resident can hang out and make friends, at our beautiful home.
    This group is only for Sims Urban Oasis future residents, to join the group, the admin may ask for your unit number and/or evidence of residence before any approval is granted. If we do not receive a response, we will deem that the request is illegitimate.

    We welcome constructive feedback and suggestions. Please refrain from discussions on religions, race or politics. We also dissuade residents from posting nasty or derogatory comments. The admins reserve the rights to 'eject' any members if the ground rules have been breached.

  18. #18

    Default

    btw just like to get some opinions, realized that sims urban oasis its loft unit does not seem to be selling. Is there any particular reason to this given that its 1 beded seems to be selling much better.

    And generally would it be a good idea to buy a 1 beded unit from sims urban oasis in terms of rental given that its not very far from many other 1 beded units in the geylang area?

  19. #19

    Default

    Hi all,

    Which condo is a better option?
    Sims Urban Oasis or Botanique at Bartley?

  20. #20

    Default

    Quote Originally Posted by Xaviourz View Post
    Hi all,

    Which condo is a better option?
    Sims Urban Oasis or Botanique at Bartley?
    Depends on what is your needs.

Page 1 of 5 12345 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •