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Thread: Wisteria Mall and The Wisteria

  1. #1
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    Default Wisteria Mall and The Wisteria

    Got this site plan of the Yishun Ave 4 plot. Should be launching end of the year.

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    Interesting. Top floor is 12 (3 podium + 9 residential). I thought it will be 15 as stated in website below. Perhaps website outdated.

    https://www.propquest.sg/singapore-p...-avenue-4/4256

    216 units in 3 blocks. Each block 72 units. Each block 9 floors. Each floor 8 units.

    Only 1 retail floor? A bit pathetic? Wonder if they have retail basement(s).

    Below is official document on this development (see last page 2nd last paragraph)

    http://bbr.listedcompany.com/newsroo...G79IIBCW.1.pdf



    Quote Originally Posted by azeoprop View Post

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    Looks more like a small neighborhood center than a proper mall. Most probably just a supermarket, a foodcourt and some small snack kiosk and pharmacy that's about it.

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    What a pity. Retail units yield higher profit margin than residential units. Developer could have build more retail levels.

    Mixed developments can't build basement carparks (thus freeing above ground levels for retail)? I dun see that in new mixed developments recently.

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    https://www.facebook.com/The-Wisteri...9537/timeline/

    This fb author has just copied what we have posted in this forum and pasted in his/her fb.

    Anyway, the first 2 profile picture postings dun seem to gel. Guess it's another copy and paste example.

    Found it. James Sim. ERA agent.
    Last edited by MrTan; 23-09-15 at 22:45.

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    One of the photo is One Dusun Residences in Balestier. haa haa.

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    1) The site plan you posted is really very powerful. Another website also copied and pasted it.
    http://propertylaunch-invest.com/pro...ria.html#tab_3

    2) Looks like there will be 2 levels of retail mall. If true, then guess there will be a basement mall.

    3) Commercial units are not for sale. They will be managed by Array Realty Pte Ltd. Dun know how true is this.
    http://wisteria.yishunave4.com

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    I think better to be centrally managed than sold to individual owners for commercial units.

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    http://infopub.sgx.com/FileOpen/BBR_...&FileID=371665

    "Located at Yishun Avenue 4, the innovative mixed-use development comprises about 60% residential and 40% retail components. The three 9-storey residential blocks with 216 units will be linked by a 3-storey podium and a single level of basement. Shopping mall facilities are located at the basement and ground levels of the podium, whilst the upper two levels of the podium are for carpark spaces. The residential blocks are well designed with scenic landscape and residents will enjoy recreational facilities above the podium."

    "Construction works is expected to commence in the last quarter of 2015 and will take approximately 32 months to complete. PPVC and supply of PBUs will be undertaken by BBR’s subsidiary, Moderna Homes Pte Ltd, an approved PPVC contractor."

    "The shopping mall targets a good tenant mix under the management of experienced and reputable mall managers. The residential component is well designed and attractively priced for upgraders and new families to Yishun Town, with the ultimate convenience of a single- owner-managed neighbourhood mall under one roof. Sale of residential units is targeted to be launched in the first quarter of 2016."

    "Development, planning and management of the project will be led by Keppel Land Retail Consultancy Pte Ltd, a subsidiary of Keppel Land Limited."

    So Keppel Land Retail Consultancy = Array Realty? CEO for both is the same = Michael Leong.

    http://www.straitstimes.com/business...any-array-real

    "Array has a strong track record in the development, management and marketing/leasing of retail malls. These include Jurong Point Shopping Centre, Heartland Mall, Century Square, Tampines One, Hougang Mall, Tiong Bahru Plaza, White Sands, Liang Court, and Taimall in Taiwan. Array's clients include property owners and property funds in Singapore and the region."

    "Mr Michael Leong, CEO of Array, who has more than 30 years of experience in the real estate industry focusing on the retail sector in Asia, will continue to lead his team of more than 20 real estate professionals."

    https://sg.linkedin.com/pub/michael-leong/7b/9a8/ab3

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    Wonder what kind of psf will it be asking. Not really near to mrt. The other condo launch is symphony suites asking around 1000psf with slow sales.

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    Quote Originally Posted by yesnomaybe View Post
    no sitemap, floorplan and indicative pricing yet?

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    Quote Originally Posted by MrTan View Post
    no sitemap, floorplan and indicative pricing yet?
    Not yet...will update as soon as there are any

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    Quote Originally Posted by yesnomaybe View Post
    Not yet...will update as soon as there are any
    It is using the same show flat as nine residences. Till now still no sound no sight on further information.

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    Project: The Wisteria
    District: Property
    Region: Outside Central Region
    Address: Yishun Avenue 4
    Tenure: 99 years
    Site Area: 9759.80 sqm / 105,054 sqft
    No. Of Units: 216
    Expected T.O.P: December 2018
    Developer: Northen Resi Pte Ltd & Northern Retail Pte Ltd
    PSF ($): From $11xx psf

    Some initial details and perspective http://singaporepropertylaunch.com.sg/the-wisteria/
    Nearby condo launch for comparison http://singaporepropertylaunch.com.sg/symphony-suites/

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    Quote Originally Posted by MrTan View Post
    no sitemap, floorplan and indicative pricing yet?
    The Wisteria Condo is also a mixed development like Nine Residences and North Park Residences. No info on this development so far yet.

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    I wonder which mall has a bigger/better retail offering - wisteria or junction 9?

    Btw, when is nine residences going to TOP?

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    Quote Originally Posted by MrTan View Post
    I wonder which mall has a bigger/better retail offering - wisteria or junction 9?

    Btw, when is nine residences going to TOP?
    TOP for nine residences is June 2017 on paper. No information on The Wisteria condo so far.

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    Someone mentioned in the nine residences discussion thread that it has TOP already. If it's true, then it is really 1.5 years ahead of official date.

    I wonder how symphony suites will do once wisteria launches.

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    Quote Originally Posted by MrTan View Post
    Someone mentioned in the nine residences discussion thread that it has TOP already. If it's true, then it is really 1.5 years ahead of official date.

    I wonder how symphony suites will do once wisteria launches.
    Wisteria will likely be launched in February after the launch of Wandervale EC in end January

    I wonder why Gina Lim, the Huttons agent is promoting ERA new launches ?

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    Symphony suites is overpriced at 1000psf.

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    i guess it's the same reason why we turn a blind eye to the presence of agents and advertisements in this discussion forum - to share information.

    Quote Originally Posted by yesnomaybe View Post
    Wisteria will likely be launched in February after the launch of Wandervale EC in end January

    I wonder why Gina Lim, the Huttons agent is promoting ERA new launches ?

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    Quote Originally Posted by azeoprop View Post
    Symphony suites is overpriced at 1000psf.
    Most likely will drop price soon. Btw, what do you think is an appropriate pricing then?

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    Quote Originally Posted by MrTan View Post
    Most likely will drop price soon. Btw, what do you think is an appropriate pricing then?
    900psf in line with pricing of high park or riverbank. Frankly the design is ultra hdb. No balconies but with giant ac ledge. Facilities and landscaping is average at the best. Location also at the most ulu corner of yishun.

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    Quote Originally Posted by azeoprop View Post
    900psf in line with pricing of high park or riverbank. Frankly the design is ultra hdb. No balconies but with giant ac ledge. Facilities and landscaping is average at the best. Location also at the most ulu corner of yishun.
    Guess that El Development's gamble of low cost fat margin riding on Northpark Residences high psf doesn't work out...

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    Official site plan is out.http://www.thewisteria.com.sg/site-plan/

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    Launching in February...ERA sole marketing

    http://www.wisteria-yishun.com

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    Wonder if got chance for 3xxk units.

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