View Full Version : LR - Leedon Residences Launched!!
Drove by LR today....
Many cars outside...
so went in to have a look, finally launched to ex owners and invited guests!!!
300+ units
majority 3 bedrooms (2100sqft) and 4 bedrooms (2600sqft)
2 bedrooms not launched....
at least $4m per unit. :D
So expensive! :scared-4: :scared-1: :scared-3:
bakasa2002
12-08-12, 17:28
Wow, will this save D'Leedon?
average price 2100 psf....
price ranges from 1880psf to 2400psf...
so big units and PSF also very high...
But finishing good and high ceiling 3.4m.
Lets see if sales is good...
might be the start of attention shifting to Farrer area with the GLS sales of two farrer plot and the Tuan Sing enbloc Serene Apartment
phantom_opera
12-08-12, 17:55
must be because of recent strength in Dow / STI ... CCR big units normally have high correlation with STI
Looks like mkt is expecting sti doing 3100 soon. Sentiment seems to be good.
Although the absd still cuts. At this level, buyers are not upgraders, therefore most likely will be hit by absd.
But 1880 sounds too low. For the PES ones rite ? I'd imagine normal 3bd to be at least 2k
Hoping for QE3 when US presidential election is round the corner.
Looks like mkt is expecting sti doing 3100 soon. Sentiment seems to be good.
Although the absd still cuts. At this level, buyers are not upgraders, therefore most likely will be hit by absd.
But 1880 sounds too low. For the PES ones rite ? I'd imagine normal 3bd to be at least 2k
Low Floor facing substation and PUB water station....
All units have balcony and bay windows....
And you must remember, its big units 3 bedrooms at 1900 psf so cannot price too high.....
The best facing is going for 2400-2600 psf.... GCB and swimming pool view
so how many units were sold in the launch?
average price 2100 psf....
price ranges from 1880psf to 2400psf...
so big units and PSF also very high...
But finishing good and high ceiling 3.4m.
Lets see if sales is good...
might be the start of attention shifting to Farrer area with the GLS sales of two farrer plot and the Tuan Sing enbloc Serene Apartment
Not surprise.. the last time HOT project with big units sold at high psf was THE GLYNDEBOURNE.. all around 1800-2200psf.. easily transacted at 3-mil to 4-mil.. D10/Dunearn Road.. only beside Farrer Road
Dint know how many units so yet..... I also expect their pricing to be same as Glydebourne.... But definitely more luxurious and spacious as compared to Glydebourne plus not beside main road...
Lets see whether this project will kick off buying interest in farrer leedon area
It is Leedon Residence.
Not Leedon Residences.
Without the 's'
Guys, anyone obtain the floor plan for this condo ?
Go down to show flat got floor plan Liao....
Fwah guocoland going all out riaox? Their showflat seems to be getting ready soon for their 1bil land price at their other Tanjong Pagar mega development soon...
http://i1122.photobucket.com/albums/l523/v_brandonn/Photo0309.jpg
bargain hunter
13-08-12, 10:39
is the showflat still open today? u said when u went, it was VVVVVVVVVVIP preview rite? :)
Go down to show flat got floor plan Liao....
is the showflat still open today? u said when u went, it was VVVVVVVVVVIP preview rite? :)
Just go down lah, they will still entertain you...
Just act like you wanna buy :D
Go down to show flat got floor plan Liao....
Not free lah.
Best is someone can upload the floor plan or show us the url.
Why waste time go down there since i am NOT going to buy :tongue3:
Wild Falcon
13-08-12, 21:11
FWAH! Finally launch liao. Preview got sold out or not? Since delay for so long, presumably should have a lot of pent-up demand accumulated?
FWAH! Finally launch liao. Preview got sold out or not? Since delay for so long, presumably should have a lot of pent-up demand accumulated?
Haha.... Min 4m per unit.... How to sold put
Haha.... Min 4m per unit.... How to sold put
wah even if down 50% still 2mil:doh:
Wild Falcon
14-08-12, 19:35
300 units only. I'm sure quite a few forummers who claim to be wealthy and only look at CCR and look down on HDB dwellers can buy a basket of units in Leedon Residences. :o Or else just sell to PRCs and NRIs lor.
Haha.... Min 4m per unit.... How to sold put
300 units only. I'm sure quite a few forummers who claim to be wealthy and only look at CCR and look down on HDB dwellers can buy a basket of units in Leedon Residences. :o Or else just sell to PRCs and NRIs lor.
10% stamp ABSD... Whyngot foreigner buy....
Will Teddy buy? Or this is not 'CCR' enough for him? :D
Official Launch September ????????
10% stamp ABSD... Whyngot foreigner buy....
Will Teddy buy? Or this is not 'CCR' enough for him? :D
Local how? 3% absorb? Still lose to foreigners.... :tongue3:
Why pay so much money to face HDB flats directly across the road? :p
10% stamp ABSD... Whyngot foreigner buy....
Will Teddy buy? Or this is not 'CCR' enough for him? :D
Why pay so much money to face HDB flats directly across the road? :p
Confirmed.... Not CCR enough for Teddy
Why pay so much money to face HDB flats directly across the road? :p
Teddy.... GCB inside also have to pass HDB to get in......
Unless u feel GCB also not there yet.....
Why pay so much money to face HDB flats directly across the road? :p
where got hdb? u got the correct location? :o
where got hdb? u got the correct location? :o
He referring to those at either commonwealth market or at holland village or at west lake lah....
Aiyo Teddy, orchard also face hdb what.... You can face bras basah hdb, tiong bahru hdb
Why pay so much money to face HDB flats directly across the road? :p
Don't sound like a sour grape pls. Across the road will be d,leedon to the east, gcb to the north and condos to the west and south.
bargain hunter
18-08-12, 16:06
teddy's referring to the blk's 1 to 8 which i see on the map lining both sides of farrer road. blk 7 being empress road mkt & fc. there is no intention to en-bloc these few blks rite?
so LR will be blocked from the hdb by d'leedon, which is good. :)
teddy's referring to the blk's 1 to 8 which i see on the map lining both sides of farrer road. blk 7 being empress road mkt & fc. there is no intention to en-bloc these few blks rite?
so LR will be blocked from the hdb by d'leedon, which is good. :)
Personally I think those blks enbloc is a matter of time. If relocate the hdb to holland V, it will be a plus for residents there
Anyone got the floor plan for this Leedon Residence ?
40 units sold, average SP $2000psf.
40 units sold, average SP $2000psf.
Cheap in current context, considering ulu places like eco selling so high psf.
40 units sold, average SP $2000psf.
From BT
MALAYSIAN tycoon Quek Leng Chan's Singapore-listed property arm GuocoLand has sold about 40 units or 10 per cent of the total 381 units in its freehold Leedon Residence condo in the Holland Road area, BT understands.
It began a private preview of the project in mid-August at an average price of $2,000 per square foot. The developer is not offering any discount or stamp duty absorption.
For the preview, GuocoLand has released 70 units - mostly three and four bedders.
The 12-storey development will comprise 11 blocks.
Leedon Residence's architectural design, landscaping and interior design are handled by SCDA. Units will be fitted with Smeg kitchen appliances.
Leedon Residence will not have any one-bedders. It will have around 60 two-bedroom apartments, generously sized at around 1,050 sq ft each and priced at $2.4 million and upwards.
The vast majority of units in the development will be three and four-bedders.
Typical unit sizes are around 2,100 sq ft for a three-bedroom apartment and 2,700 sq ft for a four-bedder. On the ground floor, though, four-bedders are much larger (4,600-5,900 sq ft), each with a private pool and garden. Pricewise, three bedders start from $3.7 million and four bedders, from $4.7 million.
Leedon Residence will have four penthouses - all triplex units of about 7,000 sq ft, spanning the 11th and 12th levels as well as the roof terrace. Each penthouse will have five bedrooms. These units have yet to be released and are expected to be priced on application.
The project, which is expected to be completed in 2014, will have a 200-metre long "forest walk" of mostly rain trees. GuocoLand will also conserve over a dozen yellow flames on the perimeter of the development. CBRE and DTZ are marketing the project.
Of the 40 units sold, around 70 per cent are said to have been picked up by Singaporeans. Singapore permanent residents of various nationalities are thought to have bought 15 per cent of the sold units, with the remaining 15 per cent purchased by Indonesians (who are not PRs here).
GuocoLand is developing Leedon Residence on the former Leedon Heights site which it clinched through a collective sale in 2007 for $835 million, or $1,062 per square foot per plot ratio inclusive of development charges. A back-of-the-envelope calculation suggests the breakeven cost for Leedon Residence is around $1,500-1,600 psf. Assuming a $2,000 psf selling price on a project-average basis, the pretax profit from the development would be around $420-520 million.
Next door, at the 99-year leasehold d'Leedon project being developed by a CapitaLand-led consortium, 10 units were sold in July at a median price of $1,527 psf, according to developers' sales stats filed with Urban Redevelopment Authority (URA).
Along Bukit Timah Road, GuocoLand is at an advanced stage of construction for Goodwood Residence, with 134 of the project's 210 units sold as at end-July based on URA stats. GuocoLand has achieved an average price of around $2,500 psf for Goodwood Residence. The first phase of the development is slated to receive Temporary Occupation Permit towards the end of this year, followed by the second phase next year.
15% foreigners buyer, not too bad. At $2000psf, FH, non shoebox development, I think D'Leedon is going to have problem selling those big units.
$2000 psf is a good price for Guoco land... considering that all units are huge, to be able to command such hihg psf prices not bad for the developer indeed...
3 bedder close to 4m ok..... dont pray pray
MyPropertyAgent
05-10-12, 01:59
Cheap in current context, considering ulu places like eco selling so high psf.
I bought a 3 Bedder at eCO on launch day for $1188 psf after 16+2% discount.
But now FEO drop the discount and increase the selling price psf.
Probably suitable for own stay only. Hard to have enough rental to justify that price tag.
LEEDON RESIDENCE 6 Leedon Heights #03-05 1 248 Strata 5,854,338 23606 2193 PSF 02-OCT-2012 Condominium Freehold Uncompleted New Sale Private 10 26 266215 Central Region Bukit Timah
MyPropertyAgent
12-10-12, 15:58
Probably suitable for own stay only. Hard to have enough rental to justify that price tag.
yes i worked it out, hopefully can get 3.5% returns. but have upcoming projects in that area , that will hopefully use eCO prices as a benchmark :)
bargain hunter
14-10-12, 12:41
Guocoland said in its results release that 61 out of 90 launched units sold.
bargain hunter
16-10-12, 14:04
another 26 sold in sep at 1898psf median bringing total sold to 52. according to the results announcement few days ago, that implies another 9 sold in oct.
http://www.myhome.com.sg/Properties/Shared/Media/images/status/LR/LR_stat001.jpg
http://www.myhome.com.sg/Properties/Shared/Media/images/status/LR/LR_stat005.jpg
http://www.myhome.com.sg/Properties/Shared/Media/images/status/LR/LR_stat002.jpg
DuaNehNehChioBu
25-01-14, 22:54
http://www.myhome.com.sg/Properties/Shared/Media/images/status/LR/LR_stat001.jpg
http://www.myhome.com.sg/Properties/Shared/Media/images/status/LR/LR_stat005.jpg
http://www.myhome.com.sg/Properties/Shared/Media/images/status/LR/LR_stat002.jpg
Not a good location. dleedon at least nearer to food / circle line.
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