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Thread: Martin Modern By GuocoLand @ District 09 Orchard

  1. #21

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    How's the ballot takeup rate like yesterday? Anyone with any news?

  2. #22

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    A friend of mine applied for a 2+S and she got it without having to ballot.

    TBH I don't think the reception to the launch has been overwhelming.

  3. #23

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    Care to share which floor & psf?

  4. #24

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    Stack 13, low-ish floor. She said around $1.9m and I didn't want to press.

    Seemed like she got the news on Fri.

    Quote Originally Posted by Khng8 View Post
    Care to share which floor & psf?

  5. #25

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    was there this weekend, agents seems pushy and keen. strangely this guy kept harping on the usable space and didn't go with the "living in a botanic garden" angle.

  6. #26

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    Quote Originally Posted by tonymontana View Post
    was there this weekend, agents seems pushy and keen. strangely this guy kept harping on the usable space and didn't go with the "living in a botanic garden" angle.
    it seems that usable space angle is right. from brochure, the balcony is enclosed by a slatted sliding screen as a standard feature. those who want more usable space can either install new screens behind the balcony sliding screens or use the living room sliding screens. the living room is thus enlarged.

    it is very hard to see that there is glass screen behind the slatted balcony screen.

    in fact, developers should install slatted sliding screens as a standard feature on their balconies.

  7. #27

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    Quote Originally Posted by hopeful View Post
    it seems that usable space angle is right. from brochure, the balcony is enclosed by a slatted sliding screen as a standard feature. those who want more usable space can either install new screens behind the balcony sliding screens or use the living room sliding screens. the living room is thus enlarged.

    it is very hard to see that there is glass screen behind the slatted balcony screen.

    in fact, developers should install slatted sliding screens as a standard feature on their balconies.

    It's a nice development, and being vested in the neighbourhood for a while, it is a place where there're no lack of tenants, especially Japanese tenants since Liang Court and Robertson Quay is down the street. Too bad it is 99 years leasehold. Otherwise $1.8m for a 2+Study is not too bad.

  8. #28
    Join Date
    Nov 2008
    Posts
    2,427

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    Heard the comm for agents is really high for this project. 3-4% depending on your "rank" within your company. Just hearsay.

  9. #29

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    Quote Originally Posted by new2mondrian View Post
    I'd be amazed if Guocoland can manage to sell 30% of the units by end July.

    High relative psf, blocked views, 99-year leasehold, and the relatively high maintenance fees for the 'concierge' service. Eats into a huge part of the rental. Not exactly near to mrt either.

    To move units at this psf range, it should be selling 500-600sqft units instead.

    The upkeep of the estate, with its extensive greens, will be a hefty burden to the 450 proprietary owners over time.

    At this price point and quantum, there are no lack of choices.
    How's the sales so far?

  10. #30

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    I saw from squarefoot that there are about 108 caveats dated as at 31st July.

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