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reporter2
11-03-12, 19:40
http://www.businesstimes.com.sg/sub/suite/story/0,4574,481156-1331236740,00.html?

Published March 8, 2012

Construction firm KTC launches maiden project

Meanwhile, 509-unit Sky Habitat at Bishan Central gets ready for launching

By MINDY TAN


CONSTRUCTION company KTC Group has made a foray into the property development business with its first project, Summer Scent, located at the junction of Hougang Avenue 2 and Upper Serangoon Road.

http://www.businesstimes.com.sg/mnt/media/image/launched/2012-03-08/BT08-BTS-032-00-1.jpg
Sky Habitat: Designed by Moshe Safdie, the 38-storey project is being developed by CapitaLand Residential Singapore and Mitsubishi Estate Asia

The freehold project, developed by KDC (Kovan) Development, comprises 16 units, of which six have been sold, says marketing agent Dennis Wee Group.

KDC Development's director, Chua Lai Seng, is also the managing director and sole owner of KTC Group, according to an ACRA search.

Summer Scent comprises a mix of two-bedroom (between 581 sq ft and 1,711 sq ft) and three-bedroom units (between 1,065 sq ft and 1,905 sq ft).

Prices for two-bedroom units average some $1,200 psf. The two two-bedroom penthouse units (inclusive of family room, roof terrace and jacuzzi) are marketed at $1,088 psf.

Prices for three-bedroom units averaged $1,200 psf, with three-bedroom penthouse units (including study, family room, roof terrace, and jacuzzi) averaging $1,086 psf.

The company said the project should be completed by August this year.

KTC Group Holdings, which has interests in Singapore and Indonesia, has business units in earthworks, civil engineering and infrastructures, building, coal mining, and coal trading.

Separately, marketing agents are beginning to roll out their campaign for Sky Habitat, developed by CapitaLand Residential Singapore and Mitsubishi Estate Asia.

The project, which is located at Bishan Central, will probably be launched end-March to early-April, say agents familiar with the launch.

Designed by Moshe Safdie, the 99-year condominium project will have 509 units across two 38-storey towers. Buyers will have a choice of apartment types, namely one-bedroom-plus-study, two-bedroom, two-bedroom- plus-study, three-bedroom and four-bedroom units. Unit sizes range from 680 sq ft to 3,000 sq ft.

Vincegoh
16-06-12, 21:53
Anyone has an opinion on this project? Much appreciated!

TheOnlyGayInTheVillage
16-06-12, 21:55
Newbie developer maiden project. Alarm bells ringing nonstop

Vincegoh
16-06-12, 22:20
Newbie developer maiden project. Alarm bells ringing nonstop
Paiseh boss me also newbie. What are the things we should lookout for? This one will top soon so was interested. Any advice is much appreciated..

TheOnlyGayInTheVillage
16-06-12, 22:56
Paiseh boss me also newbie. What are the things we should lookout for? This one will top soon so was interested. Any advice is much appreciated..

TOP may get delayed due to inexperience with approval paperwork and process. CSC as well. No track record reference for workmanship. May have many unsold units thus creating burden on developer to pay maintenance on behalf for those units, thinning their resources to handle speedy defect rectification during first year guarantee period.

Vincegoh
17-06-12, 12:03
TOP may get delayed due to inexperience with approval paperwork and process. CSC as well. No track record reference for workmanship. May have many unsold units thus creating burden on developer to pay maintenance on behalf for those units, thinning their resources to handle speedy defect rectification during first year guarantee period.
Thanks boss. Will keep note..

TheOnlyGayInTheVillage
17-06-12, 13:06
Thanks boss. Will keep note..

This project does have good location. If price is very attractive may worth the risk.

phantom_opera
17-06-12, 14:00
The name is good ... summer scent ... these few days more like Summer Heat :doh:

TheOnlyGayInTheVillage
17-06-12, 14:33
The name is good ... summer scent ... these few days more like Summer Heat :doh:

Summer Sianz

Vincegoh
17-06-12, 16:06
This project does have good location. If price is very attractive may worth the risk.
Went to take a look at the 3br and ph units. Pretty poor workmanship and materials used (feels worse off than hdb). And the walkway towards the units are so close to the pool.. If I get drunk at night walking back I may just slip and drown! Lol..

Pricing wise is not too bad (slightly below 1200 psf for 3br and 1025 for ph) compared to kovan residences. Stamp duty rebate and furniture rebates to be claimed back from developer.

Guess the advantage is it's quite exclusive since in the midst of landed houses. Will need a car for sure..

Kanarazu
17-06-12, 17:43
Went to take a look at the 3br and ph units. Pretty poor workmanship and materials used (feels worse off than hdb). And the walkway towards the units are so close to the pool.. If I get drunk at night walking back I may just slip and drown! Lol..

Pricing wise is not too bad (slightly below 1200 psf for 3br and 1025 for ph) compared to kovan residences. Stamp duty rebate and furniture rebates to be claimed back from developer.

Guess the advantage is it's quite exclusive since in the midst of landed houses. Will need a car for sure..

Maybe you want to take a look at Rich Residence for comparison. It's closer to the MRT.

Vincegoh
18-06-12, 14:12
Maybe you want to take a look at Rich Residence for comparison. It's closer to the MRT.

thanks bro. will go check it out.. :)

Kanarazu
18-06-12, 20:06
thanks bro. will go check it out.. :)

There is also a Onerobey at Robey Road, prob not launched yet. Good luck.

TheOnlyGayInTheVillage
18-06-12, 20:13
There is also a Onerobey at Robey Road, prob not launched yet. Good luck.

Robey, One.... Night in bangkok

http://www.youtube.com/watch?v=aIoSlM1np1M

Kanarazu
18-06-12, 23:24
Robey, One.... Night in bangkok

http://www.youtube.com/watch?v=aIoSlM1np1M

LOL!! This is really funny

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27-10-12, 11:10
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