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Thread: Cube 8 (D11, Freehold, CDL)

  1. #21

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    Quote Originally Posted by Number_9z
    was in Balestier too and lots of property agents giving out phamplets on Cube 8. Was actually surprised that it was considered D11 even though The Arte is just right behind.. agent said this is because the entrance is at Thomson road, and that 1Brd going a at $1400 with an upside to $1600 since its a D11!?? OMG...
    While I have always been positive of the area and observed big developers' effort to gentrify that part of Balestier, $1600 is a bit too optimistic... unless of course you are a rich Indonesian/PRC/Malaysian (buying without actually visiting the location), its hard to see why I need to pay a premium because its D11



  2. #22
    Join Date
    Aug 2009
    Posts
    108

    Question

    Hi, some site map and unit location inform for you guys

    SITE MAP:


    UNIT:


    PLEASE CALL/SMS/EMAIL +65 84483535 OR andysek@ymail.com FOR APPOINTMENT PREVIEW SALES



  3. #23
    Join Date
    Apr 2008
    Posts
    2,549

    Default


    Cube 8 lands in Thomson
    H88
    Monday, 11 January 2010, 16:15



    Overview

    The latest addition to District 11 comes to you via City Developments Limited. Cube 8 is a 36-storey freehold condo that's right beside Thomson Road. This development has 177 units comprising 1-bedders to penthouses.

    The land Cube 8 is sitting on belonged to Thomson Mansions and The Albany. According to their July 2007 newsletter, CDL bought those condos separately in a collective sale in early 2007 for a total price of $95m. Taking into account the total size of both plots at 74,310 sqft and the gross plot ratio of 2.8, the Cube 8 site works out to about $456 psf ppr.


    Location

    Tenure: Freehold
    Site Area: 74,310sqft
    Developer: City Developments Limited (CDL)
    Estimated TOP: unknown
    Blocks: 1
    Floors: 36-storeys
    Units: 177 total, 1BR(39), 2BR(58), 3BR(67), 4BR(9), PH(4)

    Typical Sizes:
    1BR (560 sqft)
    2BR (893 - 926 sqft)
    3BR (1,335 - 1,475 sqft)
    4BR (1,593 sqft)
    PH (3,025 - 3,229 sqft)

    Launch Date: rumoured Wednesday, 20 January 2010


    Street View
    Note: Distance from PIE Flyover to Cube 8 is approximately 50m. Very approximate!


    Site Layout
    Note the North-east/South-west block orientation.


    Prices

    According to our sources, prices begin from $7xx psf onwards. However, looking at the $456 psf ppr of the two combined plots, we should be looking at the region of $930 to $1,000psf.

    We cannot stress enough that these prices are estimates, we'll know more as the days go by.

    Nearby, The Arte (freehold, CDL) was selling for an average of $880psf when it launched in March 2009. Vista Residences (freehold, FEO) were launched at an average of $1,100 psf in June 2009.

    A check with URA caveats shows The Arte going at an average of $1,043 psf from August 2009 to December 2009. Vista Residences recorded an average of $1,259 psf from November 2009 to December 2009.


    Artist impression



  4. #24

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    The above report said:"..... prices begin from $7xx psf onwards. ....we should be looking at the region of $930 to $1,000psf."

    I seriously doubt they would price anything at $7xx (even for the penthouse) or even sub $1,000, . Why would they lower the price with sub-sales and Vista prices jumping. We haven't seen $7xx since a year ago when Arte started this bull charge in the area!

    I think there is still a pent-up demand for RCR, with people dying to get onboard the property wagon. The slowdown in property sales in RCR was simply because there weren't many new condos being launched ...

    I am watching the launcg of Cube8 with great interest



  5. #25
    Join Date
    Sep 2008
    Posts
    2,608

    Default

    Quote Originally Posted by tiks
    The above report said:"..... prices begin from $7xx psf onwards. ....we should be looking at the region of $930 to $1,000psf."

    I seriously doubt they would price anything at $7xx (even for the penthouse) or even sub $1,000, . Why would they lower the price with sub-sales and Vista prices jumping. We haven't seen $7xx since a year ago when Arte started this bull charge in the area!

    I think there is still a pent-up demand for RCR, with people dying to get onboard the property wagon. The slowdown in property sales in RCR was simply because there weren't many new condos being launched ...

    I am watching the launcg of Cube8 with great interest
    I think most probably a typo, prices form $7XXk onwards instead of $7XX psf



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