Woodsville 28 (D13, 99 years leasehold, Frasers Centrepoint)

[BV]

heard that opposite of Woodsville 28, a new project will be launched in mid of the year, is this true? maybe by then will have a chance.

Yeah, it's on the URA's Government Land Sales confirmed list.

http://www.ura.gov.sg/pr/graphics/2010/pr10-137a16.pdf

Narrow plot, but right on top of MRT Station, next to Nin Residences. Tender in Jun 2011. Wonder what the bids will be like given the cooling measures? There's even enough time between now and then for 1 more round of measures if the govt so chooses...

[5577]

Yeah, it's on the URA's Government Land Sales confirmed list.

http://www.ura.gov.sg/pr/graphics/2010/pr10-137a16.pdf

Narrow plot, but right on top of MRT Station, next to Nin Residences. Tender in Jun 2011. Wonder what the bids will be like given the cooling measures? There's even enough time between now and then for 1 more round of measures if the govt so chooses...

99 years leasehold?

[Armstrong]

99 years leasehold?

should be 99 yrs leasehold, is very rare to find any freehold next to mrt.
Anyway as long is next to mrt like NIN, woodsville 28 or woodleigh, etc even is 99 yrs, value is always there.

[5577]

should be 99 yrs leasehold, is very rare to find any freehold next to mrt.
Anyway as long is next to mrt like NIN, woodsville 28 or woodleigh, etc even is 99 yrs, value is always there.

It will be interesting to see how much the developers will be bidding for. The estimated number of housing units is 330. Same as 8@w.

[spikey69]

hmmm...that plot can really hold 330 units? That plot really doesn't look that big.

[devilplate]

hmmm...that plot can really hold 330 units? That plot really doesn't look that big.

330 units of MMs lor

[5577]

hmmm...that plot can really hold 330 units? That plot really doesn't look that big.

Dunno leh.... I saw that in the link provided by BV.

[devilplate]

should be 99 yrs leasehold, is very rare to find any freehold next to mrt.
Anyway as long is next to mrt like NIN, woodsville 28 or woodleigh, etc even is 99 yrs, value is always there.

ever since duno when....all GLS r 99LH....only ah gong ah ma enbloc deals will translate to FH launches

[spikey69]

330 units of MMs lor

i don't think it can fit 200 MMs lor...go down and take a look at the plot and you will understand.

[devilplate]

i don't think it can fit 200 MMs lor...go down and take a look at the plot and you will understand.

the size similar to Nin residence rite?

can la...330 units of 300sqft MMs lor

[Armstrong]

the size similar to Nin residence rite?

can la...330 units of 300sqft MMs lor

har! then is not MMs, it is shoe box

[scsc]

har! then is not MMs, it is shoe box

maybe new term comes out like
<500sqft: MMs... Mickey Mouse
<400sqft: SBs... Shoe Box
< 300sqft: MBs.... Match-Box

[BV]

Some basic calculations regarding the plot of land to be launched for tender.

Size is 8500 sqm, or around 91500 sqft.

Plot ratio is 3.5, meaning allowable Gross Floor Area is 91500 x 3.5 = 320,250 sqft.

So for 330 units, each unit averages around 320,250sqft / 330 = 970 sqft.

This is without the 'bonus' gross floor area that the developers get for balconies and stuff. So the average unit size will be around 1000 sqft then?

Not too small actually, given that there is definitely going to be a number of studios included among the 330 units.

But given the GPR of 3.5, it does mean that there is a large number of units sharing a small plot of land and limited space for facilities.... Also, looking at the orientation and shape of the land, it is most likely the most units in the project to have East or West facing

[kingkong1984]

Cannot have underground car park?
Facilities in mid and maybe top deck

[spikey69]

28 Woodsville Close #17-07 $1063 psf 1195 sq ft $1270k 11 Jan 11

Huat Ah!

[wkang1970]

28 Woodsville Close #17-07 $1063 psf 1195 sq ft $1270k 11 Jan 11

Huat Ah!

Can only see more sellers here if price hit $1200psf........

[spikey69]

Can only see more sellers here if price hit $1200psf........

slowly...going to top in a few mths

[Armstrong]

slowly...going to top in a few mths

tough i think, some developers start to give discount, price will drop.

[spikey69]

tough i think, some developers start to give discount, price will drop.

hmmm....benchmark price now 1063 psf...

[wkang1970]

tough i think, some developers start to give discount, price will drop.

which developer or project is giving discounts? How much?

[Armstrong]

which developer or project is giving discounts? How much?

check this page...

http://forums.condosingapore.com/showthread.php?t=10800

even waterview at tampines also giving some sort of rebates, detail must check with them.

[sleek]

Just went to see Nin Residences and they are giving Free Washing Machine, Fridge and 3% Cash Rebate on TOP.

But still think there are better resale and sub-sale units in the area.

check this page...

http://forums.condosingapore.com/showthread.php?t=10800

even waterview at tampines also giving some sort of rebates, detail must check with them.

[DC33_2008]

Another site will be sold just in front of the Potong Pasir MRT stn. Price will trend higher. But more MM units to come.

[Armstrong]

Just went to see Nin Residences and they are giving Free Washing Machine, Fridge and 3% Cash Rebate on TOP.

But still think there are better resale and sub-sale units in the area.

True, sub-sale units around the area still look attractive than this NIN. If a 3bedroom is at $1.5m after 3% rebate, still around $1.45m.

[sleek]

Yup, checked the price of a 3-bedder of 1,281sf on the 7fl at $1.63M, discount to $1.53M which works out $1,196psf, before the 3% cash rebate.

And a recent 8@W subsale :-

2 Woodleigh Close #06-02 $1000 1098 $1098k 19 Jan 11

True, sub-sale units around the area still look attractive than this NIN. If a 3bedroom is at $1.5m after 3% rebate, still around $1.45m.

[wkang1970]

Yup, checked the price of a 3-bedder of 1,281sf on the 7fl at $1.63M, discount to $1.53M which works out $1,196psf, before the 3% cash rebate.

And a recent 8@W subsale :-

2 Woodleigh Close #06-02 $1000 1098 $1098k 19 Jan 11

wow...in this case W28 & 8@W .... HUAT AH!!!

[DC33_2008]

Should hold for mid to long-term. More happenings at the site in front of woodleigh station.

[devilplate]

Should hold for mid to long-term. More happenings at the site in front of woodleigh station.

99LH leh....i wun hold for long term...if hit my TG price...i let go liao...

[DC33_2008]

That is why should get FH in this area. Not LH.

[Armstrong]

That is why should get FH in this area. Not LH.

u people really funny, so fortunate to get 1 unit at earlier stage, why bother LH or FH? Land is so scare here, LH will also be enbloc. Furthermore where to find next to mrt that is FH?

Be contended please!