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Thread: The Tapestry @ Tampines Street 86 By CDL

  1. #1
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    Default The Tapestry @ Tampines Street 86 By CDL

    The Tapestry is a 99 years leasehold new condominium in District 18 and its site is located at Tampines Street 86. This new condo will be developed by renowned developer City Developments Limited.

    The development will comprise of 7 sophisticated towers standing at 15 storey high and is expected to yield 861 units. It would also include a Childcare Centre within. We would be looking forward to having this development to present itself with impressive landscape deck and other facilities features.

    Visit The Tapestry for more information on the development.

    Get in touch with SGPropertyHomez Developer Sales Personnel @ +65-9871 7616 or Register your interest now @ https://sgpropertyhomez.com/the-tapestry/

    For other new launches, please visit SGPropertyHomez.

  2. #2
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    1 bed 441sqft from 596k
    1+s 474sqft from 648k
    2 bed 603sqft from 796k
    2+s 689sqft from 913k
    2 premium 700sqft from 920k
    3 bed 926sqft from 1.15mil
    3 premium 1130sqft from 1.35mil
    4 bed 1432sqft from 1.65mil
    4bed dual key 1485sqft from 1.71 mil
    5bed dual key +s 1765sqft from 2.1mil

    All 2 beds and below above 1300psf and 3 beds above 1200psf for ulu corner of Tampines and still advertise as the most affordable launch of 2018.

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    The top bid from Bellevue Properties, a wholly-owned subsidiary of listed property developer CDL, translates to S$565.42 per sq ft per plot ratio, or 5.7 per cent above the second-highest bid from Kingsford Development.

    https://www.todayonline.com/business...p-bid-cdl-unit

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    Maybe we might see more write down cases like Wheelock did to the panorama next time if demand unable to match the developers bullish prices.

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    [IMG]blob:https://web.whatsapp.com/d2a6c8fc-ec83-464e-9e21-2216b9b295bb[/IMG]

  7. #7
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    And the size is horrible. 2 bedroom 603 sqft. lol. Even my dog will complain small also.

    But psf wise, could be the most affordable. Now everywhere also minimum 1.5k psf. City fringe with MRT already pushing for 2k psf. People should look at resale instead. More value I feel.




    Quote Originally Posted by azeoprop View Post
    1 bed 441sqft from 596k
    1+s 474sqft from 648k
    2 bed 603sqft from 796k
    2+s 689sqft from 913k
    2 premium 700sqft from 920k
    3 bed 926sqft from 1.15mil
    3 premium 1130sqft from 1.35mil
    4 bed 1432sqft from 1.65mil
    4bed dual key 1485sqft from 1.71 mil
    5bed dual key +s 1765sqft from 2.1mil

    All 2 beds and below above 1300psf and 3 beds above 1200psf for ulu corner of Tampines and still advertise as the most affordable launch of 2018.

  8. #8
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    A laughing joke to launch at $1300 and above for this type of location.

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    Quote Originally Posted by westin View Post
    A laughing joke to launch at $1300 and above for this type of location.
    I hope the location does not laugh back at us and get sold out.

    What is the recent 5-year historical pricing for this area? I remember was below 1,000 PSF.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  10. #10
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    The 2 most expensive condos in the area are santorini and Qbay. Alps was launched at a slightly lower price than those 2.

  11. #11
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    Quote Originally Posted by Kelonguni View Post
    I hope the location does not laugh back at us and get sold out.

    What is the recent 5-year historical pricing for this area? I remember was below 1,000 PSF.


    Take heart...it certainly wont sell out.

  12. #12
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    Will be interesting to see.
    The Alps sold most of their larger units late last year / early this year at 1000 to 1100 psf. This one is by the most BCA awarded developer and not forgetting some of the 500+ at Tampines court could be looking for new places.

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    Quote Originally Posted by westin View Post
    Take heart...it certainly wont sell out.
    Why take heart? I hope it sells out. And I'm pretty sure kelonguni feels the same.

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    Quote Originally Posted by Kelonguni View Post
    I hope the location does not laugh back at us and get sold out.

    What is the recent 5-year historical pricing for this area? I remember was below 1,000 PSF.
    IIRC - Five years ago below 1k psf, recently (like last year) the balance units around that area about 1k psf or slightly higher

  15. #15
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    So when the first day launch start?

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    Quote Originally Posted by tonymontana View Post
    Why take heart? I hope it sells out. And I'm pretty sure kelonguni feels the same.
    I'm quite neutral about it (as I am not vested or going to invest in this region) but I guess it's results will indicate for us the forward pricing.

    Will be happy to receive the upwind again, but it also means will be much harder to invest in another, unless not using much loans.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  17. #17
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    This area might see some increase in value after paya lebar airbase close shop in 2030.

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    Quote Originally Posted by azeoprop View Post
    This area might see some increase in value after paya lebar airbase close shop in 2030.
    That's true for the Minton / Lor Ah Soo area as a whole.

    Will be the next phase of development!
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  19. #19
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    Quote Originally Posted by Kelonguni View Post
    I hope the location does not laugh back at us and get sold out.

    What is the recent 5-year historical pricing for this area? I remember was below 1,000 PSF.
    these days, there is no longer 5 year historical for anywhere. high park sold at just under 1000psf in 2015, parc botannia selling at 12xxpsf. likewise, ALPS Resi sold at 10xxpsf now tapestry selling at 13xxpsf. as per last year's data, once the 10xx/11xxpsf units are sold out (few left), the cheapest project is parc botannia and the next cheapest is already the tapestry. given the land bids of last year, no one else will want to launch below the price of these 2 projects.

  20. #20
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    Quote Originally Posted by azeoprop View Post
    Maybe we might see more write down cases like Wheelock did to the panorama next time if demand unable to match the developers bullish prices.
    the write downs may not occur for these projects which have low land costs. it may occur for those sites bought this year if the buying momentum is not sustained into next year.

  21. #21
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    Quote Originally Posted by westin View Post
    Take heart...it certainly wont sell out.
    i think a "good" sales would be around 200 units or more. these days, projects are not priced to sell out quickly but to sell steadily as higher priced projects launched subsequently will not threaten them much and may even help them out as we go deeper into 2018.

  22. #22
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    Yah. About 30% of total units sold on first weekend of launch is considered very optimum and good.

  23. #23
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    who are these people that are willing to buy at such price for such areas/locations? this is just bewildering.
    This is really good sales already given the launch price .. its definitely slow and steady for the developer

  24. #24
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    https://www.propertyguru.com.sg/prop...alps-residence

    The mountain people next door will be laughing to the bank next week.

  25. #25
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    Received this SMS
    <ADV>
    The Tapestry @ Tampines Ave 10
    1BR fr $596k
    2BR fr $796k
    3BR fr $920k
    4BR fr $1.6m
    5BR fr $2.1m

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    It is a super biased review. lol. I wonder if it is a sponsored post.

    Big balcony is described as "can be used creatively for outdoor dining, storage....". Hello, it is a 603 sqft 2 bedders. Already tiny like dog hole still put a big balcony there.



    Quote Originally Posted by SGPropertyKaki View Post

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    Quote Originally Posted by thomastansb View Post
    It is a super biased review. lol. I wonder if it is a sponsored post.

    Big balcony is described as "can be used creatively for outdoor dining, storage....". Hello, it is a 603 sqft 2 bedders. Already tiny like dog hole still put a big balcony there.
    LOL

  29. #29
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    Yes, the reality of homes in the future is small. Its already in the making since MM apartments years ago. There is no need to use to use derogatory words to describe someone's future home which they have save up very hard to buy.

    In fact, I think that size is perfect for an old couple or young couple with no kids.

    2 cents,
    PropVestor

  30. #30
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    Quote Originally Posted by PropVestor View Post
    Yes, the reality of homes in the future is small. Its already in the making since MM apartments years ago. There is no need to use to use derogatory words to describe someone's future home which they have save up very hard to buy.

    In fact, I think that size is perfect for an old couple or young couple with no kids.

    2 cents,
    PropVestor
    Nothing derogatory. One man's meat is another's poison.

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