Land Parcel at Upper Serangoon Road / Pheng Geck Avenue

[scsc]

hehe... what BT did not reveal is that the Qingdao bid of $607 psf ppr is 125% above that of 8@W condo full-facilities $270 psf ppr...

Geez... 2 years and thats >$300 psf ppr difference... talk about timing the market....

[sleek]

Yalor, Govt Huat ar!

hehe... what BT did not reveal is that the Qingdao bid of $607 psf ppr is 125% above that of 8@W condo full-facilities $270 psf ppr...

Geez... 2 years and thats >$300 psf ppr difference... talk about timing the market....

[sleek]

Thought CW owners are having issues with the quality of finishes by China Construction?

But had yet to see anyone post pics of the "plentiful" defects.

I'm very interested to see what the owners find abt the finishing and quality of China Construction's work.

It's also the maincon for Estuary, Double Bay Residence, Soleil, Floridian, Cabana and Duchess Residences.

Not sure about the others but China Construction in Singapore is doing a very good and solid job. They have also been given contracts for some high-end premium private properties. Friends said no major defects after TOP.

[sleek]

Yup, that was the general sentiments early last year, which caught many by surprised.

Was also waiting for firesales, until 2Q09 when prices started moving upwards, then decides not to wait liao.

when 8W is launched in last yr July...there r no more subsale/resale firesale in the market oredi and asking prices had generally shoot up by 100-200psf at tat time...very dramatic period from last yr May to July period.

[scsc]

Yup, that was the general sentiments early last year, which caught many by surprised.

Was also waiting for firesales, until 2Q09 when prices started moving upwards, then decides not to wait liao.

Yupz... 2 of my friends were still questioning if it was juz a spike & could it be sustainable.... Turn out to be 2 quarters of mountains of shoes outside showrooms

[sleek]

If not for cooling measures, maybe 4 qtrs of mountains of shoes outside showrooms.

Yupz... 2 of my friends were still questioning if it was juz a spike & could it be sustainable.... Turn out to be 2 quarters of mountains of shoes outside showrooms

[teddybear]

Not that I know of. For CW, mass market condo should expect mass market quality mah. If people go to visit luxury condo and then compare, then sure have lots of unsatisfaction with "quality of finishes" (as compared to the luxury condo) - E.g. The Hansgrohe premium range raindance shower shown in luxury condo also looks super shiny compared to those made in China ones in mass market condos (and I heard these will become loose their shine & even become rusty after 1-2 years!).

Thought CW owners are having issues with the quality of finishes by China Construction?

But had yet to see anyone post pics of the "plentiful" defects.

[azeoprop]

Not that I know of. For CW, mass market condo should expect mass market quality mah. If people go to visit luxury condo and then compare, then sure have lots of unsatisfaction with "quality of finishes" (as compared to the luxury condo) - E.g. The Hansgrohe premium range raindance shower shown in luxury condo also looks super shiny compared to those made in China ones in mass market condos (and I heard these will become loose their shine & even become rusty after 1-2 years!).

...which made me regret not buying the arte last year...luxurious marble, branded toilet, quality finishings that u will find in luxury condo...for only 860psf for a low floor stack 12 2-bedder. Was expensive then, ultra cheap now.

[sleek]

URA awards tender for Upper Serangoon Rd site to Qingdao Construction
By Jonathan Peeris | Posted: 15 June 2010 1941 hrs



SINGAPORE : The Urban Redevelopment Authority has awarded the tender for the residential site at Upper Serangoon Road and Pheng Geck Avenue to Qingdao Construction.

The company submitted the highest bid of S$113.7 million, or about S$588 per square foot of gross floor area.

The tender was launched in April this year and closed two weeks ago.

A total of 15 bids was received for the site.

Other developers who submitted bids included Frasers Centrepoint and Sim Lian Land.

The 99-year lease site can yield a maximum gross floor area of some 17,400 square metres. - CNA/ms

[azeoprop]

Looks like some action going on....

[devilplate]

this plot not bad....nice and quiet landed views...but not the front facing ones..lol...definitely worth more den woodsville 28

[DC33_2008]

Asking $psf 1100-1300 for MM unit?

[sleek]

Think lots of 8@W owners keenly watching this development.

[mcmlxxvi]

Nice landed with ugly industrial hovering across the whole landscape behind. Ewww.

[DC33_2008]

Pity the residents staying at those nearby landed properties. Many pair of eyes looking at them.

[2824]

How come the landed area here no en-bloc, so near MRT. Maybe with this new development there will be some soon.

Pity the residents staying at those nearby landed properties. Many pair of eyes looking at them.

[devilplate]

How come the landed area here no en-bloc, so near MRT. Maybe with this new development there will be some soon.

some landed area cannot convert to boutique apts....goto check it out....if can, i am sure developers like fragrance oredi enbloc liao lor

[devilplate]

Think lots of 8@W owners keenly watching this development.

i jus feel tat this developer may resort to MM format to push up the PSF....and den doesnt haf much effect on 8wood...

u see leicester suites ard 1300psf...not much effect on surrounding condos

[2824]

think this is the developer's first foray into pte, think they may scarifice a bit of profits for their long term image.

BTW, does the holding of uncompleted units apply to them since they are foreign developer

[devilplate]

think this is the developer's first foray into pte, think they may scarifice a bit of profits for their long term image.

BTW, does the holding of uncompleted units apply to them since they are foreign developer

this new policy applicable to foreign entities...local developers r spared...FEO is local rite?

[sh]

THE CHINESE ARE COMING!!!!

They are flush with cash with their inflated property prices.

They are able to built cheaper than anyone else (lots of cheap labour) but don't expect good workmanship.

[devilplate]

THE CHINESE ARE COMING!!!!

They are flush with cash with their inflated property prices.

They are able to built cheaper than anyone else (lots of cheap labour) but don't expect good workmanship.

so wats the outcome?

[scsc]

any developer movement on this?

Seems a good time with the NEX coming alive in Dec

[2824]

Yeah, the whole of D13 all eyeing this one, waiting for it to perform a lakefront over here.

any developer movement on this?

Seems a good time with the NEX coming alive in Dec

[DC33_2008]

MM unit may sell well at this place. Should be launching soon.

[scsc]

MM unit may sell well at this place. Should be launching soon.

Like as in HAIG 162 ?

But then i dunno where I read that the developer planning to build 160 units..
Looks not that bad

Unless they up 25% more to 200 units, then probably close to that of Scala & LF...

Geez, i'm curious when will it be launched

[azeoprop]

Update 19th Nov 2010.

[scsc]

Update 19th Nov 2010.

cheers!

[kingkong1984]

MM unit may sell well at this place. Should be launching soon.

G o f o r i t g o g o g o

[spikey69]

U guys do know that this plot is directly next to biddadari cemetery and a mosque right?