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robinsonscentrepoint
30-08-06, 18:53
When will CDL be launching this project? Does anybody know?
-thanks

one shenton way
08-09-06, 06:56
http://img170.imageshack.us/img170/4611/229183948c6c9cbfed1vo8.jpg (http://imageshack.us)

One Shenton WayCity Developments Limited is converting a former commercial building in the Central Business District, One Shenton Way, to a condominium and is expected to release units for sale this year.Carlos Ott, renowned for his designs of Opera de la Bastille in Paris, the Hangzhou Grand Theatre and the National Bank of Dubai, has been engaged as the architect for the project.

The 99-year leasehold project, to be released this year, will be developed on the site now occupied by the group’s No 1 Shenton Way office block.

Located close to other new developments at Marina Bay such as One Raffles Quay, the Business and Financial Centre, and The Sail @ Marina Bay, the apartment project will have 360 units in two towers, the taller of them proposed at 50 storeys. The units will range from one-bedders to four-bedroom apartments, as well as penthouses with private swimming pools and roof decks.

A podium running the length of the development site in Shenton Way will have carparking from the second level onwards. Common facilities for the apartments, like a swimming pool and barbecue pits, will be on the podium’s roof deck. CityDev’s Mr Chia said the design for the yet-to-be-named apartment towers will ‘dramatically redefine the city skyline, which will be another feather in the cap as Singapore aims to become a key architectural centre of the world’.

The two towers will be linked at three points. The upper-most link, or bridge, is expected to house penthouses, while the two lower links will house sky terraces and gardens.

Although a residential project, the ground floor of the development will be commercial, featuring food & beverage and retail shops to create vibrancy and life at the street level.

This will add to URA’s vision to make Marina Bay a vibrant place to live and work.

christina
01-11-06, 20:35
This development will be very very hot. Which do you think will be better for rental income, One Shenton Way or The Sail?

ryan
02-11-06, 13:18
This development will be very very hot. Which do you think will be better for rental income, One Shenton Way or The Sail?

It is hard to tell at this point in time. :) I guess whichever nearer to the MRT will be hotter?

mr funny
13-12-06, 10:23
Singapore
Published December 13, 2006

Good start for sale of Marina Bay Residences

By KALPANA RASHIWALA

AT LEAST 130 units are said to have been sold on the first day of preview at Marina Bay Residences yesterday - at prices ranging from $1,700 to $2,000-plus per square foot.

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Rival: Meanwhile, City Developments is drumming up publicity for its project in the vicinity, One Shenton

Meanwhile, rival developer City Developments began drumming up publicity for a nearby project, One Shenton, comprising 341 apartments in two towers on its 1 Shenton Way site.

CityDev did not provide pricing indication for its 99-year leasehold project, which will be in 50 and 42-storey towers.

Nor could it specify the launch date - only giving a general indication that this is expected by year-end or early 2007.

At Marina Bay Residences, the maiden day of previews was open to staff and directors of the three companies behind the project - Keppel Land, Hongkong Land and Cheung Kong Holdings - as well as to VIPs invited yesterday. Bankers, lawyers, architects and doctors are among those who toured the showflat, which is at One Raffles Quay, BT understands.

The project's developer, BFC Development Pte Ltd, progressively released more units in the project as it chalked up sales. The 99-year leasehold, 55-storey development, has 428 units in total.

More units are expected to be released and sold today.

BFC Development's head of residential marketing Kan Kum Wah would only say in statement last night: 'It is too early to provide any detailed information.

Yesterday, a number of joint-venture staff members and business partners have toured the show suite and there has been lots of interest and all have been very impressed at what is on offer, but it's too early to provide a sales indication.'

ryan
18-12-06, 12:00
since every one is so excited over projects in the CBD, got some info for you guys:

http://img278.imageshack.us/img278/4796/cam10nitefinal4lrxl8.png

http://img278.imageshack.us/img278/2541/mapih2.png

http://img278.imageshack.us/img278/1541/storeyplanwithdirectionot0.png

ryan
18-12-06, 12:04
Tenure: 99 years from 14 October 2005

Site Area: 40,369sqft

Development: A twin tower residential development with retail space on first storey

Location: No. 1 Shenton Way, Singapore

Storey Height: Tower 1 (50th Sty) Tower 2 (42nd Sty)

Total Units: 341

Recreational Facilities:

Lobby Level (Ground Level): Concierge, Lounge

Club Level (Level 8):
Lap Pool, Leisure Pool, Jet Pool, Wading Pool, Bridge, Lounge, Landscape Feature Pond, Social Patio, Sun Deck, Cabanas, Function Room, Entertainment Terrace, Outdoor Gourmet Cooking, Theatrette/ Entertainment Room, Lounge/ Refreshment/ Juice Bar, Games Rooms, Library, Outdoor Reading, Laundry Room

Wellness Level (Level 24 & 25):
Sky Gym, Sky Lounge, Spa Garden, Spa Lounge, Outdoor Exercise Terrace, Relaxation Alcove, Yoga Terrace

No. of Car park lots: 377 lots

Description:

One Shenton – This architectural iconic jewel designed by world-renowned architect Carlos Otts comprises 341 apartments and penthouses. Soaring with twin towers at 50 and 42 storeys high, One Shenton will dramatically enhance Singapore’s Skyline, offering residents spectacular unforgettable views of the energetic city, green parks and soothing waters. One Shenton is perfect for those seeking a seamless connection to live, work and play 24/7. Located in the heart of the new vibrant city, it sits at the edge of Marina Bay, within close proximity to the Integrated Resort, Business Financial Centre, Raffles MRT Station and proposed ‘Landmark’ MRT Station. Inner-city living is set to be dynamically transformed as activities at the new Marina Bay, including a host of convention, leisure, commercial and entertainment facilities at the Integrated Resort, waterfront promenades, Gardens by the Bay will keep you busy around the clock. At One Shenton, you will be at the centre where it all happens.

ryan
18-12-06, 12:05
Type of Unit Typical Area(sqft) Number of units

1 Bedroom 520 - 600 142
2 Bedroom 1,100 - 1,200 113
3 Bedroom 1,500 - 1,600 54
4 Bedroom 1,900 - 2,300 21
Sky Suites 5,300 - 6,300 8
Sky Villas 6,800 - 9,600 3

hot market
18-12-06, 12:37
ryan, how do i reserve a unit here? blank cheque?

ryan
18-12-06, 14:20
ryan, how do i reserve a unit here? blank cheque?

yes but not to me, thank u. i'm not an agent :)

surfers
18-12-06, 19:30
Anybody knows if this is launched? Price as well? :confused:

hihi
18-12-06, 21:14
I know a few people who went for the VVVIP preview today. Heard there are enough blank cheques handed in to secure half the development already. :o
The VIP preview starts only next week.

You can be sure that the premium units like the sky suites and sky villas would have all been snapped up already by people with VVVIP privileges.

Still, I think that the price of $1,800psf is too high! The location for this is not as good as Marina Bay Residences. One Shenton's sea view will definitely be blocked by the numerous skyscrapers coming up along the BFC, which includes the Sands' IR and Marina Bay Residences, plus who knows what other developments will pop up on the expanse of land between the BFC and the Marina South pier?

Methinks that the best units here will be the ones facing east, at the Sands' IR and Marina Bay. The ones facing Sentosa will have a view of the PSA dock before you see Harbourfront and Sentosa; the ones facing the city you have to contend with old buildings of Shenton Way/Tanjong Pagar.

Unregistered
19-12-06, 00:50
ryan, how do i reserve a unit here? blank cheque? Hi Ryan,

I'm the marketing agent from Knight Frank. You may contact me at 91075155 or email me at [email protected] for more information.

Thanks

Sean Chew

Unregistered
19-12-06, 00:53
I know a few people who went for the VVVIP preview today. Heard there are enough blank cheques handed in to secure half the development already. :o
The VIP preview starts only next week.

You can be sure that the premium units like the sky suites and sky villas would have all been snapped up already by people with VVVIP privileges.

Still, I think that the price of $1,800psf is too high! The location for this is not as good as Marina Bay Residences. One Shenton's sea view will definitely be blocked by the numerous skyscrapers coming up along the BFC, which includes the Sands' IR and Marina Bay Residences, plus who knows what other developments will pop up on the expanse of land between the BFC and the Marina South pier?

Methinks that the best units here will be the ones facing east, at the Sands' IR and Marina Bay. The ones facing Sentosa will have a view of the PSA dock before you see Harbourfront and Sentosa; the ones facing the city you have to contend with old buildings of Shenton Way/Tanjong Pagar.

huh? Are u sure they are allow to buy already??

Unregistered
19-12-06, 01:39
errr i think hihi meant that there are enough rich people who have interest in this project. the number of blank cheques already accumulated are enough to guarantee the selling of at least half of this project.... the more expensive half, i reckon.

arthur
19-12-06, 09:07
Hi Ryan, did you get the fact sheet from a Knight Frank agent?

ryan
19-12-06, 11:36
Hi Ryan, did you get the fact sheet from a Knight Frank agent?

No, I got it from a friend. Why?

surfers
19-12-06, 21:11
I heard developer is not paying any fee to the markleting agent for selling the units. :doh:


errr i think hihi meant that there are enough rich people who have interest in this project. the number of blank cheques already accumulated are enough to guarantee the selling of at least half of this project.... the more expensive half, i reckon.

SpecuVestor
20-12-06, 09:35
Anyone can share the floor plans here ? Thanks.

Sailing
20-12-06, 14:00
I heard developer is not paying any fee to the markleting agent for selling the units. :doh:

That would be very bad...:banghead:

surfers
20-12-06, 21:38
So now, customer end up paying commission to the marketing agent in order to buy an unit from the developer. :doh:


That would be very bad...:banghead:

Sailing
21-12-06, 08:25
So now, customer end up paying commission to the marketing agent in order to buy an unit from the developer. :doh:

Yup, customer must prepare 2 cheques, one for developer, the other for agent.:doh:

Unregistered
21-12-06, 12:15
Yup, customer must prepare 2 cheques, one for developer, the other for agent.:doh:

sure or not!!!! :doh:

r u all just talking c**k? You mean CDL so confident?

this is real
04-01-07, 13:21
One Shenton already more than 70% sold. Average price is $1,650 psf, which is lower than what market watchers had speculated 2 weeks ago.

surfers
04-01-07, 20:13
Guess Marina Bay looks to cool of for a while. :D


One Shenton already more than 70% sold. Average price is $1,650 psf, which is lower than what market watchers had speculated 2 weeks ago.

mr funny
05-01-07, 09:51
Top Print Edition Stories
Published January 5, 2007

CityDev's One Shenton set to go for up to $2,500 psf

Agents ask buyers for blank cheques to get choice units

By UMA SHANKARI


(SINGAPORE) Apartments in City Developments' newest condominium, One Shenton, are likely to go for between $1,500-$2,500 per square foot (psf) during its expected soft launch today, according to agents marketing the project.

Agents from Knight Frank and ERA are also asking interested parties for blank cheques and authorisation letters to help buyers secure choice units in the much-anticipated 99-year leasehold development on Shenton Way, in the heart of the financial district.

The cheques are to be made out to a United Overseas Bank account, which the agents say is under CityDev's name.

Apartment prices in the 341-unit development are expected to be in the $1,500-$2,500 psf range, at least for starters. Prices could go up as the days pass as with the nearby Marina Bay Residences (MBR), where prices were raised each subsequent day during the soft launch, one agent says.

While it is widely expected that CityDev will start selling the project today, some agents believe that the soft launch could start tomorrow instead, with today reserved for investors looking to pick up whole floors.

It is also not clear if CityDev will be releasing all units in the project over this coming weekend, although it might do so if buyer interest is strong, an agent from ERA says.

For now, agents are collecting cheques and authorisation letters so that they can stand in line - with some promising to do so overnight if need be - in lieu of potential buyers. Once apartments are offered to them, the agents will then call their clients, who can then make a decision on whether to go ahead with the purchase, allowing the agents to seal the deal on the spot.

One Shenton consists of two towers - one 50-storey and the other 42. There will be a mix of studio, and two, three and four-bedroom apartments, as well as 'sky suites' and 'sky villas'. Sizes range from 520 to 9,600 square feet. The car park is on the first seven storeys; residential units begin from the eight floor.

CityDev is expected to benefit from high prices seen in the recent launch of MBR, where a unit fetched a record $3,400 psf. However, units at One Shenton are expected to be priced below those at MBR, agents say.

polkski
05-01-07, 15:18
Just now during lunch I was a long queue of people outside Shenton House. I guess those are the millionaires queueing for One Shenton.

polkski
05-01-07, 15:19
Just heard from my colleague that prices for the upper floor big units are already hitting $2,500 psf now... it is scary!

mr funny
08-01-07, 12:24
Top Print Edition Stories
Published January 6, 2007

Leng Beng stays bullish as One Shenton snapped up
Entire floors of the two towers bought for $1,500 to over $2,000 psf


By ARTHUR SIM


(SINGAPORE) City Developments Ltd (CDL) executive chairman Kwek Leng Beng remains bullish about the high-end property market and expects prices to rise 10-20 per cent this year.


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Big draw: Guests waiting for the lift after arriving to see the One Shenton showflat on Shenton Way yesterday and (next) a model of One Shenton, which will have a 50-storey tower and a 43-storey tower joined by a podium block with 11 retail units
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Mr Kwek was speaking at the soft launch of CDL's latest residential development - One Shenton - where at least 70 per cent of the 341 apartments were snapped up at a preview last night, mainly by investors who purchased entire floors, sources said.

Units were sold for '$1,500 to over $2,000 psf'. The rest will no doubt move fast as long queues were seen outside the development's showflat even late into the night.

Mr Kwek also said that he does not believe the projected slowdown in the economy this year will clip property prices.

Believing market sentiment will 'filter through' to all segments, Mr Kwek also said that he expects mass-market prices to increase 6-10 per cent in 2007.

It is this confidence that perhaps prompted him to turn down offers from institutional investors to buy One Shenton en bloc.

Two institutional investors whom he described only as 'Western' approached CDL, with the highest offer close to $1,700 per square foot, he said. This would have made the sale price in excess of $714 million, based on the development's 420,000 sq ft of sellable floor area.

Instead, Mr Kwek said that he would rather sell the two-tower development to individuals for between '$1,500 to over $2,000 psf' because 'they have been queuing up and knocking on our doors . . it wouldn't be nice'.

He revealed that up to 30 per cent of CDL's customers are repeat buyers and it would also be a matter of 'goodwill'. CDL also expects between 60 and 70 per cent of the buyers to be Singaporean.

The 99-year leasehold development will have 142 one-bedroom units, with or without study. There will be 113 two-bedroom units, 54 three-bedroom units, 21 four-bedroom units and 11 Sky Suites and Sky Villas.

The development will consist of a 50-storey tower and a 43-storey tower joined by a podium block with 11 retail units. CDL has no plans to sell the retail units.

One Shenton is being launched in a price slightly lower than that of Marina Bay Residences, which were launched last month at $1,550-$2,150 psf, with the highest priced unit going for a record $3,400 psf.

One Shenton cannot command the same views as Marina Bay Residences so records may not be broken this time. Still, Mr Kwek revealed that he has ambitious plans to buy the whole urban block that One Shenton sits on, which includes Shenton House and UIC Building.

He is interested in the Government Land Sales white site to be launched in the first half of this year next to One Shenton.

Makelele
08-01-07, 14:12
Jan 6, 2007

70% of One Shenton units snapped up on first day

At least 14 whole floors of leasehold condo sold; Western funds offer to buy entire blocks

By Fiona Chan

HOME-BUYERS snapped up almost three-quarters of the units at eagerly anticipated One Shenton, the latest condominium in the red-hot Marina Bay area, at its soft launch yesterday.

About 70 per cent of the 341-unit project was sold by 10pm, with hundreds of buyers still queueing up despite the rain last night, sources said.

With sales still going strong, the sales office was expected to stay open through the night, they added.

One source said that at least 14 whole floors of the condo, located on the fringes of the financial district, had been bought by 6pm.

Developer City Developments (CDL) had originally planned to release only 100 units yesterday, priced between $1,500 and $2,000 per sq ft (psf), but the overwhelming interest prompted it to put more units on sale.

The 99-year leasehold condo's 11 penthouses, however, are being held back from public sale for now and might be sold via a tender process, depending on demand.

CDL said they will be priced higher than the other units on a psf basis, but declined to give indicative prices.

A 200-strong crowd of interested buyers gathered yesterday afternoon on the ground floor of 1 Shenton Way, formerly Robina House, waiting their turn to be taken up to the show-flat and sales office on the 22nd floor.

CDL's VIP customers and those purchasing whole floors were entertained first, so other buyers of individual units prepared to camp out in the queue overnight.

Many came armed with bags of groceries, bottles of water and even portable deck chairs. The crowd did not disperse even when it started to rain, leading CDL to set up marquees outside the building for shelter.

But the strong demand for One Shenton had started long before yesterday. CDL chairman Kwek Leng Beng said he had already received offers from two 'Western funds' to buy entire blocks in the two-tower project, One tower is 50 storeys high and the other has 42 floors.

One fund asked for a single tower while the other requested both blocks, Mr Kwek told reporters at a media preview of One Shenton yesterday.

The funds offered an average of $1,692 psf for the units, but he turned them down. The transaction would have taken too long to process, and he preferred to sell the units to Singaporeans individually, he said.

Property consultants attributed the demand for One Shenton yesterday to CDL pricing the project at the lower end of expectations.

Market watchers had predicted prices of up to $2,500 psf, after the blistering success of nearby Marina Bay Residences, where all 422 units were sold out in two days last month.

Prices averaged almost $2,000 psf there as buyers fed on the frenzy of the upcoming integrated resort in the area. They even skyrocketed to record highs of $3,400 psf for the penthouses, which were also sold via tender.

'It's possible that the competitive early-bird pricing for One Shenton helped to move units quite quickly,' said Ms Tay Huey Ying, director of research and consultancy at Colliers International.

'Purchasers would compare its prices with the high prices eventually achieved for Marina Bay Residences, so they might think that, comparatively, One Shenton is value for money.'

The demand for One Shenton, the first condo launch of the year, comes despite the Government's withdrawal of deferred stamp duty last month.

Home-buyers now have to fork out 3 per cent of the property's purchase price within 14 days, on top of the down payment. Previously they could defer stamp duty on uncompleted projects for up to a few years.

But the changes in stamp duty rules are unlikely to have 'an adverse impact on buyer activity in the high-end segment', which includes One Shenton, said Ms Tay.

This is because buyers of luxury homes tend to be more cash-rich and can afford to pay stamp duty upfront. However, some potential speculators might be deterred, she added.

[email protected]

Makelele
08-01-07, 14:17
Jan 6, 2007, 11.25 pm (Singapore time)

One Shenton condo nearly sold out in just 30 hours


ONE Shenton, the latest condominium at residential hot spot Marina Bay, is all but sold out and some buyers are said to have already started putting up their units for sale in hopes of making a quick buck.

As at 5pm on Saturday - about 30 hours after the soft launch on Friday - just five of the 330 units up for grabs were left. Another 11 penthouse units at the 341-unit project have not been released for sale.

The 99-year leasehold condo, located at 1 Shenton Way and overlooking the upcoming Marina Bay Sands integrated resort, achieved prices of between $1,500 and $2,200 per sq ft (psf), said developer City Developments (CDL) in a statement.

This was slightly higher than its original price range of $1,500 to $2,000 psf, and works out to about $1 million for the smaller units and over $4 million for some four-bedroom units.

Agents also told The Sunday Times that a few units have already been put on the resale market.

These resellers are believed to be asking for up to $200 psf more than their purchase price, which translates into tidy profits of at least $100,000.

Demand for One Shenton was so overwhelming on Friday that CDL kept its showflats and sales office open until 2am on Saturday morning.

'Large crowds of hundreds were seen queuing since Friday afternoon and over a thousand have thronged the show suites,' CDL said in its statement.

Sales resumed at 9am and by 5pm, only five four-bedroom units on the top floors were left.

CDL said it is now compiling the 'expressions of interest' it has received for the 11 penthouses it has not released and will decide later whether to put them up for public sale or to sell them via auction.

The remaining four-bedroom units are priced at $2,200 psf, while the penthouses are likely to be more expensive on a per sq ft basis.

One Shenton's sale prices compare favourably with those of the nearby Marina Bay Residences, which sold out in two days last month at average prices of almost $2,000 psf.

All eyes are now on what One Shenton's penthouses will fetch, given that a penthouse unit at Marina Bay Residences had sold for a whopping $3,400 psf to set a record high for Singapore homes.

About 65 per cent of One Shenton's buyers are local, CDL said.

The rest are from countries such as China, India, Indonesia, Malaysia, Britain and Russia.

mr funny
09-01-07, 11:26
Top Print Edition Stories
Published January 9, 2007

Unloading of One Shenton units begins

Owners are now asking for some $500-600 psf more than what they paid

By UMA SHANKARI

(SINGAPORE) Speculators are looking to make a quick buck from reselling units at the red-hot One Shenton - just days after the project was launched.

Both investors and agents have taken out advertisements in the newspapers over the past two days, pitching 'choice units' and 'good investments' to potential buyers.

BT understands that as many as 50 apartments in the 341-unit project by City Developments could already be up for resale.

For example, one investor who picked up an entire floor of more than 10 units is now looking for buyers, and is willing to sell the entire floor or individual units.

Interested parties who missed the boat at One Shenton's launch last Friday can still have their pick of studio, as well as one, two, three and four-bedroom apartments - but for higher prices.

While units in the 99-year leasehold condominium were mostly sold for $1,500 to $2,200 per square foot (psf) during the weekend launch, owners are now asking for between $2,000 and $2,800 psf.

One agent BT spoke to said smaller units have slightly higher prices (in psf terms) than larger ones.

Owners will no doubt feel the higher resale prices are justifiable in light of the project's popularity. When CityDev launched the project, 95 per cent of apartments were snapped up within 30 hours, the developer revealed later.

And as of last night, just three of the 330 non-penthouse units were left.

Penthouses, which were not immediately launched with the rest of the apartments, have been sold since.

BT understands that at least one penthouse, out of a total of 11, has been sold for $2,500 psf.

CityDev declined to say how many penthouses have been released for sale so far, but said penthouses are released 'based on application'.

Going into the new year, resale activity is likely to continue to be strong at One Shenton if the nearby Marina Bay Residences (MBR) - where units were sold out in three days last month - is taken as an indicator.

A scan of newspaper advertisements over the past two days showed that many MBR unit-owners are still putting their apartments on the market, one month after the launch. Previous media reports have said owners are looking for as much as $3,100 psf for their units in MBR.

stupid singaporeans
22-01-07, 18:35
PEOPLE WHO BOUGHT ONE SHENTON ARE NOW FINDING IT VERY DIFFICULT TO SUB SELL!!!! Look at all the desperado in classified ads. Every day there are desperadoes who want to sell their One Shenton. Only those big units with high flr and good facing can sell. The rest of kuching kurack units (small small units) all cannot sell. GOOD LUCK hahahahahhaahhaahahahaha :D

scooby
22-01-07, 23:41
PEOPLE WHO BOUGHT ONE SHENTON ARE NOW FINDING IT VERY DIFFICULT TO SUB SELL!!!! Look at all the desperado in classified ads. Every day there are desperadoes who want to sell their One Shenton. Only those big units with high flr and good facing can sell. The rest of kuching kurack units (small small units) all cannot sell. GOOD LUCK hahahahahhaahhaahahahaha :D

do not laugh at people's misfortune. it may come back to you and bite you on the ass!

Unregistered
26-01-07, 16:02
I can confirm the rumour that agents are finding hard to sub sell all the One Shenton units. Only the big and good units were able to sub sell. The rest of the hundreds of small units very very hard to sell :( These people may have to sub sell at a loss, if they cannot pay up in time. The deadline for full 20% downpayment is coming up.

To anyone holding One Shenton... good luck! :(

Unregistered
09-03-07, 16:30
WOW THIS IS COOL.. BETTER LOCATION THAN ONE SHENTON



Marina Bayfront office block to turn into homes?

Owner may want to cash in on demand for city dwelling

By KALPANA RASHIWALA


(SINGAPORE) Could Marina Bayfront office block, currently occupied by Merrill Lynch at Marina Square, make way for apartments boasting views of The Esplanade and Marina Bay?

Industry sources say that the issue is being mooted by some quarters in Marina Centre Holdings Pte Ltd (MCH). Any change of use will, of course, have to be approved by the planning authorities.

MCH is a 53 per cent subsidiary of mainboard-listed Singapore Land, the property arm of United Industrial Corporation. In addition, UOL Group owns about 21 per cent of MCH.

When contacted, an MCH spokesman said 'we are not aware of any redevelopment study' on Marina Bayfront office tower.

However, market watchers say that it would not be surprising if MCH's board is mulling the issue, given that several Central Business District office blocks are already headed that way - including Natwest Centre and 1 Shenton Way - cashing in on hot demand for apartments in the city.

'This trend of redeveloping offices into apartments raises pressure on MCH, like any office property owner in the CBD, to seriously explore the possibility of redeveloping its office property into apartments to extract greater value from the asset,' says a property analyst.

Agreeing with this view, a property consultant says: 'The Marina Bayfront office block isn't very efficient right now, because of its layout and it's only six storeys high. Probably the highest and best use for the site may be high-rise apartments, which can deliver higher values, compared with the existing office building.'

And the 15-year-old office block may face stiff competition when Marina Bay Financial Centre (MBFC) and other future office developments in the vicinity - such as the project on the former NCO Club on Beach Road - come up later, reckon office market watchers.

The first office block at MBFC is slated for completion in the first quarter of 2010. Merrill Lynch's lease at Marina Bayfront is also said to end that year, although the bank is believed to have a renewal option.

If Merrill Lynch decides to move to MBFC, this will ease any decision by MCH to redevelop Marina Bayfront at Marina Square, market watchers reckon. Also, redeveloping the property in 2010 could prove timely as it will take out some existing stock from the office market just as new projects are being completed, helping to ease an office glut that some consultants predict may develop in about four to five years' time.

Marina Bayfront office tower was completed in 1992 and is part of the Marina Square development - which also includes a shopping mall and three hotels. The entire site - which has a 99-year lease from 1980 - is zoned for hotel use with a 3.4 plot ratio (ratio of maximum gross floor area to land area) under Master Plan 2003.

However, given the site's proximity to a new MRT station under the Circle Line, MCH could make a case to the planning authority for the site - or at least the Marina Bayfront portion - to be given a higher plot ratio, say market watchers.

Marina Bayfront has a net lettable area of about 80,000 sq ft - all leased to Merrill Lynch. The bank houses its merchant and private bank offices at this location.

It currently also has offices at Millenia Tower and HarbourFront Centre, and will lease an entire six-storey office building being built in the HarbourFront Precinct. The new building will have about 200,000 sq ft net lettable area when completed in the fourth quarter next year and will house Merrill's global support centre for its private banking and global markets businesses. It will also be Merrill's third IT and operations hub worldwide. Merrill Lynch HarbourFront is being developed by Mapletree Investments.

Unregistered
27-03-07, 13:54
Hi every one,

Please let me know a web site URL that subs sales e-market of condo.
I hope to know current subs sales price for ONE SHENTON and Marina Bay Residences.
Thanks for your help in advance.

BR Tony

Unregistered
27-03-07, 14:17
Hi every one,

Please let me know a web site URL that subs sales e-market of condo.
I hope to know current subs sales price for ONE SHENTON and Marina Bay Residences.
Thanks for your help in advance.

BR Tony

Hello Tony, I have found that the most accurate website for sub sale transactions is the URA one: http://spring.ura.gov.sg/lad/ore/real_estate/transaction.cfm

Unregistered
07-04-07, 10:46
I see one shenton developer still advertisting , are they finding it hard to sell the thrown back units by the flippers ?

kena bluffed
13-04-07, 14:26
I see one shenton developer still advertisting , are they finding it hard to sell the thrown back units by the flippers ?
Best part is the media keeps on talking about 100% sold by one shenton , damn lame .....

GURU
16-04-07, 15:18
If you can get a unit at below average price, do it! Good mid to long term holding. Now may not be obvious but in 3 years time, ho ho ho. Can laugh to the bank already.

Unregistered
16-04-07, 16:25
i think many investors are just waiting for the price to go down, which i think is unlikely.

2009
16-04-07, 23:51
If you can get a unit at below average price, do it! Good mid to long term holding. Now may not be obvious but in 3 years time, ho ho ho. Can laugh to the bank already.
Before 3 yrs time the bubble has burst already .

Unregistered
30-04-07, 12:09
CDL took back all the units whose options have lapsed and sold them in HK and Jakarta! For higher prices.

- from an insider.

nonsense
30-04-07, 13:41
CDL took back all the units whose options have lapsed and sold them in HK and Jakarta! For higher prices.

- from an insider.
Talking rubbish, i have a friend working there so cut the crap. There is still stuck units(many).

insider
30-04-07, 13:57
Talking rubbish, i have a friend working there so cut the crap. There is still stuck units(many).

There will be many more stuck units, had CDL not sold them overseas. Is your friend a lowly secretary? Does she know what she's talking about?

-insider

Reuters
21-05-07, 14:27
Singapore to disallow conversion of office buildings (to residential buildings) in central area.

Unregistered
22-05-07, 01:02
This means Kwek LB will be very happy to auction the remaining One Shenton units off at record high prices.

Madeira
25-05-07, 14:46
This project was sold out in Jan 07. However, in the latest update to URA, the developer reported that only 260 out of 341 are sold. That means 81 units (24%) were returned to the developer. What happened????? How come rich people cannot foot the deposit?

Unregistered
25-05-07, 15:05
This project was sold out in Jan 07. However, in the latest update to URA, the developer reported that only 260 out of 341 are sold. That means 81 units (24%) were returned to the developer. What happened????? How come rich people cannot foot the deposit?
isn't it pretty obvious some are pure gamblers out to make quick bucks simply by flipping the units before having to exercise the options? not all who picked up units on launch day are able to afford the units.

anyways, it has worked out well for cdl. get to pocket the deposits and now have good chance to sell the units at higher prices given that there is a ban on conversion of office buildings into residential ones.

beavis
25-05-07, 22:05
It is a good lesson to speculators. People/investors not that stupid to buy from secondary market. If you can snatch a newly launch unit, so can the investors. They can also wait for another launch if they did not get it.
1st class speculators are high net worth individual who are willing to pay in full even if the unit is not sold.

Thats why many devps prefer private launch. They target real investors not speculators.

moonk123
18-11-08, 12:48
Project Name-ONE SHENTON
Developer-CDL Land Pte Ltd(City Developments Limited)
Property Type-Apartment
Tenure - 99 Yrs From 14/10/2005
Total Units - 341
Completion Date - Est 30 Sep 2011
District - 1

source from:
http://www.virtualhomes.sg/oneshenton

chris168
21-04-09, 21:58
Any one has leads selling these units? emails to me: [email protected]

Reporter
28-09-09, 13:13
http://www.businesstimes.com.sg/mnt/static/image/images/topMasthead_small.gif
Pssst, want to buy ‘fraction’ of a condo?
The Business Times
Monday, 28 September 2009

A new way of selling condominium units here has emerged amid the recent resurgence in the property market.

Registered three months ago, Primespace Investments Pte Ltd is marketing ’shares’ in apartments to investors with at least $62,000 to spare.

It has two studio units available – one at One-North Residences in Buona Vista and the other at One Shenton near Raffles Place.

While Primespace says it is selling ‘fractional ownership’, investors will not own the properties directly. The apartments will be bought and held by other private limited companies, and what investors pay for are shares in those vehicles. BT understands investors will not lodge caveats on the properties.

Each of these companies’ share capital will be split into 15 lots. An investor has to pay $62,000 for one lot in the company which owns the One-North unit, or $110,000 for one lot in the company that owns the One Shenton unit.

After the share capital is allotted to investors, Primespace will continue to manage and rent out the properties. It says it will distribute rental income to investors every year, and it is offering a guaranteed yield of 5% for the first year of investment. If an apartment’s value increases by ‘a certain level (usually 40%)’, Primespace will sell it and share the profit among investors.

Investors who wish to cash out before the homes are sold can sell their shares to other people. Or they can turn to Primespace, which says on its website that it guarantees repurchase of the shares ‘after a minimum commitment period (two years for most projects)… at fair market value less a re-marketing fee.’

The idea of pooling funds to invest in property is not new here – many friends and relatives already do it. But Primespace’s business is uncommon in that it lets strangers invest jointly in condominium units. It works like an unlisted property trust, which is more familiar to investors in countries such as Australia.

Primespace says its model allows those who ‘could not otherwise afford or choose to purchase’ property to still invest in it. Property consultants BT spoke to agree this is an advantage, especially in light of the downturn. But they also point out the drawbacks of investing in such private vehicles. For instance, investors may not have much say over the management, leasing and maintenance of the apartments, and they may find it hard to trade their shares.

Market watchers also urge investors to do thorough research. ‘Reputation, years of related experience and the track record of the offering company is critical,’ said Cushman & Wakefield Singapore managing director Donald Han. ‘Investors are depending on its capability and experience to generate maximum returns,’ said Mr Han.

Primespace’s website offers no details about its management. The firm is registered with the Accounting and Corporate Regulatory Authority and records show its director is Trisha Suresh, who could be 24.

The Consumers Association of Singapore (Case) executive director Seah Seng Choon said the investment model is not regulated and investors need to be cautious. For example, they should ensure that companies offering ‘fractional ownership’ cannot sell more than the agreed number of shares.

Chesterton Suntec International research and consultancy director Colin Tan says there are more safeguards for investors in listed real estate investment trusts. Those invested in private vehicles ‘may have to resort to costly litigation if things don’t pan out the way they expected,’ he says.

BT contacted Primespace to find out more about its business, but the firm declined to comment.

skeptikos
17-11-10, 02:01
Seems like there aren't many discussions about One Shenton here... isn't it going to TOP soon?

Saw on another forum a photo of the almost completed towers and the surrounding buildings around it... especially the Asia Square tower which is huge! Apparently they are building a 2nd Asia Square tower?!

Posing the same question here: Does this mean sellers should cash out soon before it becomes more apparent that the views will be gone and harder to convince prospective buyers?

But buyers who bought at launch and paid a premium for the views would probably be reluctant to do so and hope the next buyers won't notice (at least in the short term) so that they can "pass on" the premium? That's my guess...

DC33_2008
17-11-10, 09:35
Buyers of properties in this area have to be prepared for losing the good view in future unless it is next to the bay area. There will be a lot more development out the marina bay area. Why pay for view when you know that the view is temporarily.
Seems like there aren't many discussions about One Shenton here... isn't it going to TOP soon?

Saw on another forum a photo of the almost completed towers and the surrounding buildings around it... especially the Asia Square tower which is huge! Apparently they are building a 2nd Asia Square tower?!

Posing the same question here: Does this mean sellers should cash out soon before it becomes more apparent that the views will be gone and harder to convince prospective buyers?

But buyers who bought at launch and paid a premium for the views would probably be reluctant to do so and hope the next buyers won't notice (at least in the short term) so that they can "pass on" the premium? That's my guess...

shauntanzs
22-11-10, 18:21
I think this is a nice property, but if you are going for rental, maybe lumiere SOHO style can give better value?? For own stay, it's a pity for all the block views..

sh
22-11-10, 18:29
I think this is a nice property, but if you are going for rental, maybe lumiere SOHO style can give better value?? For own stay, it's a pity for all the block views..

Lumiere is going to be blocked pretty soon too....

DC33_2008
23-11-10, 12:08
Where are all the 50 odd units that are unsold?
Lumiere is going to be blocked pretty soon too....

luzman
24-11-10, 16:24
I think this is a nice property, but if you are going for rental, maybe lumiere SOHO style can give better value?? For own stay, it's a pity for all the block views..

Lumiere a better buy?? you must be kidding me...cos as mentioned, if it is good..it should be fully sold....but there are still units available...

bullman
24-11-10, 16:36
Lumiere a better buy?? you must be kidding me...cos as mentioned, if it is good..it should be fully sold....but there are still units available...

Lumiere looks really dead. Developer holding on to 50 units waiting/dreaming to launch at 2500 psf up. Units are asking 1900-2200psf depending on floor but no takers. The actual rental is not as fantastic as portrayed by agents earlier before TOP. :tsk-tsk:

A 506 sqft stack 4 studio at 950k - 1.1 mil with a rental of $3500 to $4000 translate to a yield of 4- 4.5%? Thats already pro forma numbers since other developments like Clift have not come online. The original buyers and some buyers in the downturn in early 09 will be able to enjoy 6% or more yield. Not those sub sale guys.

devilplate
24-11-10, 16:49
Lumiere looks really dead. Developer holding on to 50 units waiting/dreaming to launch at 2500 psf up. Units are asking 1900-2200psf depending on floor but no takers. The actual rental is not as fantastic as portrayed by agents earlier before TOP. :tsk-tsk:

A 506 sqft stack 4 studio at 950k - 1.1 mil with a rental of $3500 to $4000 translate to a yield of 4- 4.5%? Thats already pro forma numbers since other developments like Clift have not come online. The original buyers and some buyers in the downturn in early 09 will be able to enjoy 6% or more yield. Not those sub sale guys.

4-4.5% yield not too bad mah rite? i actually expect lumiere prices to go up to 2.1-2.2kpsf after TOP...but...lol...isit due to redevelopment of marina hse which is right in front?:2cents:

i am also holding on and dreaming :ashamed1: :p

shauntanzs
24-11-10, 19:30
Lumiere a better buy?? you must be kidding me...cos as mentioned, if it is good..it should be fully sold....but there are still units available...

What I mean is you can rent it out as residential or office, pretty wide coverage.

bullman
25-11-10, 09:48
4-4.5% yield not too bad mah rite? i actually expect lumiere prices to go up to 2.1-2.2kpsf after TOP...but...lol...isit due to redevelopment of marina hse which is right in front?:2cents:

i am also holding on and dreaming :ashamed1: :p

4 - 4.5% is fine depending on what is the exit strategy. If buy for long term rental yield then its quite pathetic. If holding on for capital gain in near future then its acceptable. But at the buy in prices now at 1.9 to 2.1k psf, not much meat left for capital gain. Maybe another 200-300 psf gain? Given the small sizes of the units, 500-700 sqft, not much quantum gain also. After the BSD, SSD, Legal Fees, Bank penalty, Agent Comm, lucky to make 50-100 k?

If you enter at around 1700 psf, the yield should be 5%? Thats ok IMO. Maybe I am too used to 6+ % yield. Frankly, I think there is some resistance at the 2.2k psf mark, buyers are unwilling to pay that kind of prices although they will happily pay 2.4k psf up for the Freehold RS. :scared-1: From my observation, the clift has also hit such a resistance, things may change when it TOPs but I doubt so.

bullman
25-11-10, 09:55
What I mean is you can rent it out as residential or office, pretty wide coverage.

Hi Shaun,

Regardless of whether you rent out as a residential or office, does the rental really differ by much? I think what you meant was to reach out to a larger pool of tenants? Given the small unit sizes, office usage is limited to maybe fund managers working the graveyard shift?

shauntanzs
25-11-10, 17:24
I hear some lumiere units rented out at 4k/m. Isn't it about the same as Sail?

Now 2.2k psf is overpriced. Some Sail units are going at 2k psf only.

From propertyguru, clift, sail, 1shenton n lumiere all about the same psf. Why wouldnt anyone choose Sail instead?? :scared-2:

1shenton is all blocked. Clift n lumiere has better view but "feel" slightly lower class. Sail is slightly "old" and huge 1000 over units. So given 2k psf, which project represent value???:beats-me-man:

luzman
26-11-10, 09:01
I hear some lumiere units rented out at 4k/m. Isn't it about the same as Sail?

Now 2.2k psf is overpriced. Some Sail units are going at 2k psf only.

From propertyguru, clift, sail, 1shenton n lumiere all about the same psf. Why wouldnt anyone choose Sail instead?? :scared-2:

1shenton is all blocked. Clift n lumiere has better view but "feel" slightly lower class. Sail is slightly "old" and huge 1000 over units. So given 2k psf, which project represent value???:beats-me-man:
We should not be confused with Properties in district 1 and district 2...

shauntanzs
26-11-10, 16:09
It's just like people always compare Citylights & Southank cos they are so near even if they are in diff district

luzman
26-11-10, 16:11
It's just like people always compare Citylights & Southank cos they are so near even if they are in diff district
Wow..like that also can compare ah...u mean Novena and Balestier can compare???

shauntanzs
26-11-10, 16:18
Wow..like that also can compare ah...u mean Novena and Balestier can compare???

U didn't read other thread? Vista D12 vs Cube8 D11. Southbank D7 vs CL D8. And so on...

U can check how much vista is now, 1450psf, same as 368 Thomson liao loh...

luzman
26-11-10, 16:46
U didn't read other thread? Vista D12 vs Cube8 D11. Southbank D7 vs CL D8. And so on...

U can check how much vista is now, 1450psf, same as 368 Thomson liao loh...
U must be kidding me again..u are using Far East Vista to compare....wah lao...Far East condo can compare one meh?? Y dun u say Centro Residences in AMK is better than some prime district ones...???

Please lah...dont kid in this forum leh...

shauntanzs
26-11-10, 19:46
U must be kidding me again..u are using Far East Vista to compare....wah lao...Far East condo can compare one meh?? Y dun u say Centro Residences in AMK is better than some prime district ones...???

Please lah...dont kid in this forum leh...

Why do u need to reply for the seek of reply?
Arte vs Cube8? Madison vs L'viv?

Different district but when they are close, comparison are still made.
I believe many forumer agree on this.

Do u compare Lumiere in D2 with spottiewood D2 or 76 shenton in D1?:tongue3:

luzman
29-11-10, 09:16
Why do u need to reply for the seek of reply?
Arte vs Cube8? Madison vs L'viv?

Different district but when they are close, comparison are still made.
I believe many forumer agree on this.

Do u compare Lumiere in D2 with spottiewood D2 or 76 shenton in D1?:tongue3:
I think the best is to compare apple to apple...and not apple to orange...

U should compare district 1 versus district 1...district 2 versus district 2..

U compare Lumiere with Altez, Icon, and 76 Shenton...which is all in district 2...

In district 1, u compare Sail, MBR, MBS, one shenton and clift....

Dont ever get mixed up with 1 and 2 cos the location is clear...let me remind u...:cheers1:

devilplate
29-11-10, 09:26
I think the best is to compare apple to apple...and not apple to orange...

U should compare district 1 versus district 1...district 2 versus district 2..

U compare Lumiere with Altez, Icon, and 76 Shenton...which is all in district 2...

In district 1, u compare Sail, MBR, MBS, one shenton and clift....

Dont ever get mixed up with 1 and 2 cos the location is clear...let me remind u...:cheers1:

which means clift is super undervalued among the big brothers!:D

mantrix
29-11-10, 10:00
which means clift is super undervalued among the big brothers!:D

any units left for sale from developer? :confused:

devilplate
29-11-10, 10:19
any units left for sale from developer? :confused:

u wouldnt want to buy from FEO rite? :D

luzman
29-11-10, 10:25
u wouldnt want to buy from FEO rite? :D
Mr shauntanzs say can compare FEO Vista with others in district 11 even if it is in district 12....so, maybe he will buy from FEO???

mantrix
29-11-10, 12:51
u wouldnt want to buy from FEO rite? :D

Hmm heard FEO's QC for high end proj is good leh

Not sure can anyone confirm this?

shauntanzs
29-11-10, 13:12
Duplicated

Squall8888
29-11-10, 13:12
Believe it is at the moment. Cheapest unit I saw on Sat is around 980k. I predict fair value around 1.1M when TOP and stablise. Sail and 1 shenton 1.25M to 1.3M for cheapest studio now. Eventually when people realise the existence of Clift, things will change. Don't forget, Clift is a few mins walk to lau pa sat only and is new.




which means clift is super undervalued among the big brothers!:D

Squall8888
29-11-10, 13:14
Lumiere is smaller in size and so, the higher psf translate to a lower price than Sail. To see this better, MBR has one of the lowest yield in Singapore because the size is 700++ sq ft and high psf. Imagine icon 1M 570 sq ft fetch 3.5k and MBR 1.8M 720 sq ft fetch 4.5k. Which one higher yield?



I hear some lumiere units rented out at 4k/m. Isn't it about the same as Sail?

Now 2.2k psf is overpriced. Some Sail units are going at 2k psf only.

From propertyguru, clift, sail, 1shenton n lumiere all about the same psf. Why wouldnt anyone choose Sail instead?? :scared-2:

1shenton is all blocked. Clift n lumiere has better view but "feel" slightly lower class. Sail is slightly "old" and huge 1000 over units. So given 2k psf, which project represent value???:beats-me-man:

shauntanzs
29-11-10, 13:32
U must be kidding me again..u are using Far East Vista to compare....wah lao...Far East condo can compare one meh?? Y dun u say Centro Residences in AMK is better than some prime district ones...???

Please lah...dont kid in this forum leh...

This guy keeps going diff thread and comment others :doh:
I wonder how guru he is.. Respect please...

Wrote:
U are funny man Mr Smurf...U dun even know what u are talking about when u comment...what a load of rubbish out from your mouth all the time..

This Mr Blue don't know what he is talking about...just ignore him....don't know what this bunny is thinking about his carrot?
Maybe he means people who buy seafront is carrot???


What a utter rubbish u talking about...prime means higher prices...of course...but we compare the same type of properties...Dont tell me dont bother with age please....y dont tell me your district 15 is more expansive than the HDB in town area..different types of properties simply cannot compare..U talk like a kid man .....please use some wisdom in your thinking because

I think Mr eng81157 needs to go back to school to study some Economics 101....price means many things my friend...if there is no demand or not popular...do you think the price will be high?

luzman
29-11-10, 16:04
This guy keeps going diff thread and comment others :doh:
I wonder how guru he is.. Respect please...

Wrote:
U are funny man Mr Smurf...U dun even know what u are talking about when u comment...what a load of rubbish out from your mouth all the time..

This Mr Blue don't know what he is talking about...just ignore him....don't know what this bunny is thinking about his carrot?
Maybe he means people who buy seafront is carrot???


What a utter rubbish u talking about...prime means higher prices...of course...but we compare the same type of properties...Dont tell me dont bother with age please....y dont tell me your district 15 is more expansive than the HDB in town area..different types of properties simply cannot compare..U talk like a kid man .....please use some wisdom in your thinking because

I think Mr eng81157 needs to go back to school to study some Economics 101....price means many things my friend...if there is no demand or not popular...do you think the price will be high?

When u have nothing to say, u quote what i said in other forums....this is the best defense i must say....

anyway, please stick to the points u have made....and that is, please be specific do not do vague comment...

luzman
29-11-10, 16:13
Believe it is at the moment. Cheapest unit I saw on Sat is around 980k. I predict fair value around 1.1M when TOP and stablise. Sail and 1 shenton 1.25M to 1.3M for cheapest studio now. Eventually when people realise the existence of Clift, things will change. Don't forget, Clift is a few mins walk to lau pa sat only and is new.
I believ u are talking about the unit 495sqft #2X.....just to make it clear..the PSF is still around $1980psf...yes, the quantum may be low but it is not really that cheap because the size is small....

Actually, the $psf is more or less there....compared to others...Which leads me back to the same conclusion...how can FEO condo be cheap?!

shauntanzs
29-11-10, 18:04
When u have nothing to say, u quote what i said in other forums....this is the best defense i must say....

anyway, please stick to the points u have made....and that is, please be specific do not do vague comment...

What is wrong with this guy :beats-me-man:
I thought we are in a free to discuss forum?
What wrong with making comparison between southbank n citylights? Comparison are made everywhere, SG vs hk
Why do u like to go to different thread n start gunning people down?
U mentioned u own some properties but I can relate a person with a status like u to have such low EQ??

Why are u afraid others to read your old post? Something to hide?

And I am sure u will reply my post with more defense and reasoning :D

shauntanzs
29-11-10, 18:37
Opps... I guess I sound alittle rude in my previous post..
My apology... :cheers6:

Squall8888
29-11-10, 20:37
2k psf rejected last weekend. Actually Clift size is fine because no planters, no bay window except for a small tiny one, no balcony, no corridor. No wasted space. I foresee it could be the same feel as a 600 sq ft studio in one shenton.





I believ u are talking about the unit 495sqft #2X.....just to make it clear..the PSF is still around $1980psf...yes, the quantum may be low but it is not really that cheap because the size is small....

Actually, the $psf is more or less there....compared to others...Which leads me back to the same conclusion...how can FEO condo be cheap?!

sh
29-11-10, 20:44
if one shenton is going for 2k+ What do the forum think the premium for freehold should be? What would be a reasonable price for Robinson suites. 20%? 30%? 40%:beats-me-man:

DC33_2008
29-11-10, 20:48
Sometime it is not bad to have a small planter which can also serve as a small balcony by decking it. This is good especially for unit on high floors and good view.
2k psf rejected last weekend. Actually Clift size is fine because no planters, no bay window except for a small tiny one, no balcony, no corridor. No wasted space. I foresee it could be the same feel as a 600 sq ft studio in one shenton.

blackfire
29-11-10, 20:54
I hear some lumiere units rented out at 4k/m. Isn't it about the same as Sail?

Now 2.2k psf is overpriced. Some Sail units are going at 2k psf only.

From propertyguru, clift, sail, 1shenton n lumiere all about the same psf. Why wouldnt anyone choose Sail instead?? :scared-2:

1shenton is all blocked. Clift n lumiere has better view but "feel" slightly lower class. Sail is slightly "old" and huge 1000 over units. So given 2k psf, which project represent value???:beats-me-man:

The main problem with the Sail and MBR is that there are too many ongoing construction activities in the vicinity and most tenants do not like to stay near construction sites, this explains why the rent is lower than say Icon, which is in D2 and older. Some investors are waiting for the construction activities to end quickly and they likely to increase the rent then. The clift has a more pleasant surrounding with conservation shophouses (which expats like) as compared to lumiere, and no ongoing construction nearby. The good thing about lumiere is that there are balconies which expats like, but not near amenities (except macdonald) moreover, it is surrounded by old office buildings. To me, one shenton is the best looking development there, very grand with best facilities, but the shortcoming is that it is too near the main road, blocked view and not as near to the current MRT stations.

sh
29-11-10, 21:09
The main problem with the Sail and MBR is that there are too many ongoing construction activities in the vicinity and most tenants do not like to stay near construction sites, this explains why the rent is lower than say Icon, which is in D2 and older. Some investors are waiting for the construction activities to end quickly and they likely to increase the rent then. The clift has a more pleasant surrounding with conservation shophouses (which expats like) as compared to lumiere, and no ongoing construction nearby. The good thing about lumiere is that there are balconies which expats like, but not near amenities (except macdonald) moreover, it is surrounded by old office buildings. To me, one shenton is the best looking development there, very grand with best facilities, but the shortcoming is that it is too near the main road, blocked view and not as near to the current MRT stations.

actually i don't quite fancy the look of 1 shenton. looks kind of tacky.... there's too many things happening on the building.

and it's gold....:scared-3:

not exactly a "timeless" design...

skeptikos
29-11-10, 21:09
I hear some lumiere units rented out at 4k/m. Isn't it about the same as Sail?

Now 2.2k psf is overpriced. Some Sail units are going at 2k psf only.

From propertyguru, clift, sail, 1shenton n lumiere all about the same psf. Why wouldnt anyone choose Sail instead?? :scared-2:

1shenton is all blocked. Clift n lumiere has better view but "feel" slightly lower class. Sail is slightly "old" and huge 1000 over units. So given 2k psf, which project represent value???:beats-me-man:

Yes I agree with you that one shenton is all blocked - that's why I don't understand why it is priced above clift for instance which does have better views for most units.

Maybe like you said one shenton is supposed to "feel" slightly better class so can command premium. But shouldn't views be more important than furnishing / finishing at the end of the day for tenants? I mean in this case, one shenton vs clift, shouldn't the much better views weigh more than the slightly poorer finishing at the clift?

Or am I missing something? Location? Again imagining I'm a tenant they are pretty close in reality in my opinion. And to tip into clift's favour even more, one shenton's tenant would have to bear with all the construction noise over the next few years. If I'm a tenant I'll ask for a rent discount isn't it??

DC33_2008
29-11-10, 21:17
You are right. You can view the video from the propertyguru site. The particular 4 bedder unit at MBS has a great view from the living room but the bedrooms are all facing the construction site cum AYE. You can hear the noise once the balcony window at the bedroom is open.
The main problem with the Sail and MBR is that there are too many ongoing construction activities in the vicinity and most tenants do not like to stay near construction sites, this explains why the rent is lower than say Icon, which is in D2 and older. Some investors are waiting for the construction activities to end quickly and they likely to increase the rent then. The clift has a more pleasant surrounding with conservation shophouses (which expats like) as compared to lumiere, and no ongoing construction nearby. The good thing about lumiere is that there are balconies which expats like, but not near amenities (except macdonald) moreover, it is surrounded by old office buildings. To me, one shenton is the best looking development there, very grand with best facilities, but the shortcoming is that it is too near the main road, blocked view and not as near to the current MRT stations.

blackfire
29-11-10, 21:33
Yes I agree with you that one shenton is all blocked - that's why I don't understand why it is priced above clift for instance which does have better views for most units.

Maybe like you said one shenton is supposed to "feel" slightly better class so can command premium. But shouldn't views be more important than furnishing / finishing at the end of the day for tenants? I mean in this case, one shenton vs clift, shouldn't the much better views weigh more than the slightly poorer finishing at the clift?

Or am I missing something? Location? Again imagining I'm a tenant they are pretty close in reality in my opinion. And to tip into clift's favour even more, one shenton's tenant would have to bear with all the construction noise over the next few years. If I'm a tenant I'll ask for a rent discount isn't it??

The clift's floor area and layout is good. I would expect it to fetch the highest rental on a psf basis. One Shenton has better facilities. As for the view, unless you stay on the high floors and unblock then it will call for a premium. Most of the residents there works in the CBD area, hence I would think their offices would offer them the similar view, so unless it is on a high floor, looking out the windows would remind them of being in office.

blackfire
29-11-10, 21:46
actually i don't quite fancy the look of 1 shenton. looks kind of tacky.... there's too many things happening on the building.

and it's gold....:scared-3:

not exactly a "timeless" design...

To me the exterior looks much better than the Sail and MBR. They look too much like office buildings and blend into their surrounding. Till now I can't really distinguish which building is which in that cluster.

shauntanzs
29-11-10, 22:18
Great feedback n interaction guys... I am thinking to get another D1/2 property but is torn between those discussed..

skeptikos
29-11-10, 23:03
The clift's floor area and layout is good. I would expect it to fetch the highest rental on a psf basis. One Shenton has better facilities. As for the view, unless you stay on the high floors and unblock then it will call for a premium. Most of the residents there works in the CBD area, hence I would think their offices would offer them the similar view, so unless it is on a high floor, looking out the windows would remind them of being in office.

Are you saying that one shenton has unblock views on high floors? From what I've seen so far it seems to be blocked by Asia Square for sea view, sail and mb suites for bay view, and sgx for city view (maybe really high floors can clear sgx but probably a somewhat blocked view plus not that nice a view in my opinion). Left view over UIC building but that building may be redeveloped in future - more construction?!

blackfire
29-11-10, 23:11
Are you saying that one shenton has unblock views on high floors? From what I've seen so far it seems to be blocked by Asia Square for sea view, sail and mb suites for bay view, and sgx for city view (maybe really high floors can clear sgx but probably a somewhat blocked view plus not that nice a view in my opinion). Left view over UIC building but that building may be redeveloped in future - more construction?!

Don't know. As far as I can see now the gold coloured tower seems to be unblock by Asia Square.

skeptikos
18-12-10, 01:10
Not sure if anyone is experiencing this but I've been receiving more agents' calls lately trying to sell one shenton (vs clift / sail) with agents citing TOP "fever" + Robinson suites "sell out" as reasons to jump into one shenton now instead of other projects?!

Especially those "sea view" units are getting hard sells with more expensive pricing placed on them. And when I asked about Asia Square's 2 towers, answer would become "some sort of a sea view / pocket view". Seems like even the agents aren't sure of the scale and size of the 2 Asia Square towers combined...

Or maybe owners of those "sea view" units trying to ride on Robinson Suites' Freehold psf to off-load their units before Asia Square tower 2 comes up in 3 years' time and becomes obvious to future prospective buyers that the view premium is a myth... Sounds like history repeating itself when Asia Square tower 1 eventually came up this year blocking all of one shenton tower 1 plus the 3 sky bridges.

In fact I heard developer is still trying to sell those 3 bedders blocked by Asia Square tower 1 and the back of the under-construction marina bay suites... Can anyone verify this? I'm taking agents' words with a pinch of salt these
days... Even the developer's... No bay view, no sea view... time to re-draw one shenton's brochure on its sea / sentosa / bay views which is misleading on hindsight!

hyenergix
18-12-10, 04:57
From my google:

Asia Square Tower 1 will feature 43 floors and Asia Square Tower 2 will feature 46 floors with the hotel, to be operated by the Westin Hotel (Starwood Hotel) group, occupying the 32nd to 46th floors. The retail space within Asia Square will be located on the 1st and 2nd floors in both towers. (http://en.wikipedia.org/wiki/Asia_Square)

Development Name:One Shenton
Property Type:Apartment
Developer:City Developments Limited
Tenure:99-year Leasehold
Completion Year:2009
# of Floors:50
# of Units:341
(http://www.propertyguru.com.sg/project/one-shenton-135)

So only the top few floors can clear the Asia Square Towers. But URA is going to sell more Marina Bay land from 2013. Based on the high price of the land, I'm quite sure the future office blocks will have taller towers to block all views. Can still put giant poster with nice seaview on the bedroom wall to simulate sea view though...

richardsng_era
10-03-11, 12:35
I've taken a picture of One Shenton. It's gonna be ready for move-in soon.

http://www.facebook.com/album.php?id=1783426795&aid=49312#!/photo.php?fbid=1409729421600&set=a.1400504110973.49312.1783426795&theater (http://www.facebook.com/album.php?id=1783426795&aid=49312#%21/photo.php?fbid=1409729421600&set=a.1400504110973.49312.1783426795&theater)

http://a2.sphotos.ak.fbcdn.net/hphotos-ak-snc6/168633_1409729421600_1783426795_795972_3353157_n.jpg

mcmlxxvi
10-03-11, 13:13
I LOVE the Gold tower....

BTW why LPS so sooty??? Eeeks

richardsng_era
10-03-11, 13:49
I took a quick snap so it is not so good

jasonlcl
10-03-11, 22:59
Estimated TOP from CDL was end Jan 2011 but until now still no news of TOP.

sh
10-03-11, 23:53
I LOVE the Gold tower....

BTW why LPS so sooty??? Eeeks

Grease from kitchen exhaust... essence of char kway teow....:spliff:

land118
11-03-11, 00:23
Hot flavored air rises....:spliff:

mcmlxxvi
11-03-11, 08:26
What???

One "Chateau Quay" Shenton?

http://property333.com/img/Property/4106_633888101970020000_one%20shenton.jpghttp://onokinegrindz.typepad.com/photos/uncategorized/charkwayteow.jpg

bargain hunter
11-03-11, 09:06
bro, still can't get over The Noose huh...:D


What???

One "Chateau Quay" Shenton?http://onokinegrindz.typepad.com/photos/uncategorized/charkwayteow.jpg

mcmlxxvi
11-03-11, 10:03
bro, still can't get over The Noose huh...:D

Wrong pic! Should be http://onokinegrindz.typepad.com/photos/uncategorized/carrotcake.jpg

branspk
01-04-11, 19:20
Not sure if anyone is experiencing this but I've been receiving more agents' calls lately trying to sell one shenton (vs clift / sail) with agents citing TOP "fever" + Robinson suites "sell out" as reasons to jump into one shenton now instead of other projects?!

Especially those "sea view" units are getting hard sells with more expensive pricing placed on them. And when I asked about Asia Square's 2 towers, answer would become "some sort of a sea view / pocket view". Seems like even the agents aren't sure of the scale and size of the 2 Asia Square towers combined...

Or maybe owners of those "sea view" units trying to ride on Robinson Suites' Freehold psf to off-load their units before Asia Square tower 2 comes up in 3 years' time and becomes obvious to future prospective buyers that the view premium is a myth... Sounds like history repeating itself when Asia Square tower 1 eventually came up this year blocking all of one shenton tower 1 plus the 3 sky bridges.

In fact I heard developer is still trying to sell those 3 bedders blocked by Asia Square tower 1 and the back of the under-construction marina bay suites... Can anyone verify this? I'm taking agents' words with a pinch of salt these
days... Even the developer's... No bay view, no sea view... time to re-draw one shenton's brochure on its sea / sentosa / bay views which is misleading on hindsight!


To all,

Hoping to clear the doubts of the views of One Shenton, I've done some homework. Here are some photos for your reference.
http://forums.condosingapore.com/attachment.php?attachmentid=2163&stc=1&d=1301656475

http://forums.condosingapore.com/attachment.php?attachmentid=2165&stc=1&d=1301656653


You can still have pocket seaview from One Shenton Tower 2 (back) as there's a gap between Asia Sq Tower 1 & the upcoming Tower 2. Even went to CDL and check with the sale staff who confirmed that the stacks behind Tower 2 (which is facing Asia Sq) are the best stacks without blockage. Of cos, in near future, there will be buildings further up which will blocked the further views but you can still get city views.



FYI, These models photo are taken from Marina Bay City Gallery situated between The Sail and MBS. Add as follow.

Opening hours:
Tuesday - Friday: 10:00am to 8:00pm
Saturday, Sunday, Public Holiday: 10:00am to 9:00pm
Admission is free.
Address:
11 Marina Boulevard, Singapore 018940

luzman
02-04-11, 04:20
To all,

Hoping to clear the doubts of the views of One Shenton, I've done some homework. Here are some photos for your reference.
http://forums.condosingapore.com/attachment.php?attachmentid=2163&stc=1&d=1301656475

http://forums.condosingapore.com/attachment.php?attachmentid=2165&stc=1&d=1301656653


You can still have pocket seaview from One Shenton Tower 2 (back) as there's a gap between Asia Sq Tower 1 & the upcoming Tower 2. Even went to CDL and check with the sale staff who confirmed that the stacks behind Tower 2 (which is facing Asia Sq) are the best stacks without blockage. Of cos, in near future, there will be buildings further up which will blocked the further views but you can still get city views.



FYI, These models photo are taken from Marina Bay City Gallery situated between The Sail and MBS. Add as follow.

Opening hours:
Tuesday - Friday: 10:00am to 8:00pm
Saturday, Sunday, Public Holiday: 10:00am to 9:00pm
Admission is free.
Address:
11 Marina Boulevard, Singapore 018940

I think the best facing is still along Shenton way cos there wont be any construction you need to bear for the next few years..

devilplate
02-04-11, 10:20
Top soon rite? Actual product quite close to artist impression... Cool

fiat500
02-04-11, 11:54
1 shenton has a beautiful facade,really stands out among the other buildings..cant wait to see the interior n the facilities! :cheers6: :cheers6: :cheers6: :cheers6:

branspk
03-04-11, 23:37
I think the best facing is still along Shenton way cos there wont be any construction you need to bear for the next few years..

Agree... The stacks facing Lau Pasat is not facing any constructions but if u pass by One Shenton around 2pm to 5pm you will find that strong afternoon sun falls onto Tower 2 (affecting those mid to high floor stacks facing LPS). Constructions will always be completed but facing is something we can't change.

Fyi, One Shenton have already got the T.O.P last week.

bullman
04-04-11, 08:01
Agree... The stacks facing Lau Pasat is not facing any constructions but if u pass by One Shenton around 2pm to 5pm you will find that strong afternoon sun falls onto Tower 2 (affecting those mid to high floor stacks facing LPS). Constructions will always be completed but facing is something we can't change.

Fyi, One Shenton have already got the T.O.P last week.

Thanks for this bit of information. I have not received any TOP notification from my lawyers yet. I have a stack 4 and 10 studio. From your earlier analysis, it appears that stack 10 will not be block by the future hotel at Asia square?

branspk
04-04-11, 21:13
Thanks for this bit of information. I have not received any TOP notification from my lawyers yet. I have a stack 4 and 10 studio. From your earlier analysis, it appears that stack 10 will not be block by the future hotel at Asia square?

Hi, you are welcome. Called CDL they said they need 2 to 3 weeks to send out letters to lawyers. Yes, looking at the model from Marina gallery(refer to my previous post), there's a gap between Asia Sq 1 & 2 and stack 10 is facing in between the 2 Asia Sq towers.

jasonlcl
04-04-11, 21:20
Hi, you are welcome. Called CDL they said they need 2 to 3 weeks to send out letters to lawyers. Yes, looking at the model from Marina gallery(refer to my previous post), there's a gap between Asia Sq 1 & 2 and stack 10 is facing in between the 2 Asia Sq towers.

Wonder is stack 4 very high floor a good stack after stack 10? It is facing tower 2 and asia sq on the left.

fiat500
04-04-11, 21:31
Hi, you are welcome. Called CDL they said they need 2 to 3 weeks to send out letters to lawyers. Yes, looking at the model from Marina gallery(refer to my previous post), there's a gap between Asia Sq 1 & 2 and stack 10 is facing in between the 2 Asia Sq towers.
1 shenton that pathetic meh? must have gap here n gap there to have view? anyway it wont make much of a difference lah.
most important the location for 1 shenton is good! thats good enough already.:cheers6: :cheers6:

devilplate
04-04-11, 22:01
1 shenton that pathetic meh? must have gap here n gap there to have view? anyway it wont make much of a difference lah.
most important the location for 1 shenton is good! thats good enough already.:cheers6: :cheers6:

totally agree...pocketed view jus pathetic....

cant wait to visit 1 shenton! looks so nice from the outside:D

fleursecrets
05-04-11, 00:12
totally agree...pocketed view jus pathetic....

cant wait to visit 1 shenton! looks so nice from the outside:D


The finishing of the interiors (common areas) is quite good. The pocketed views at night surprisingly exceed expectations...but maybe it is from a low base of having no expectation. There is a pocket view of MBS even from low floors. Took some pics but it is too cumbersome to post it here. The 50m lap pool looks narrow..not sure if the facilities will be as crowded as the sail considering that there are lesser units. The development can easily pass off as a boutique 5* hotel.

devilplate
05-04-11, 00:26
The finishing of the interiors (common areas) is quite good. The pocketed views at night surprisingly exceed expectations...but maybe it is from a low base of having no expectation. There is a pocket view of MBS even from low floors. Took some pics but it is too cumbersome to post it here. The 50m lap pool looks narrow..not sure if the facilities will be as crowded as the sail considering that there are lesser units. The development can easily pass off as a boutique 5* hotel.

totally cool...

haf u visited clift? how does both compare?:D

i noe clift siting on much smaller land....but the lobby and common facilities shd be on par wif big bro 1shenton? hehe:D

fleursecrets
05-04-11, 00:42
totally cool...

haf u visited clift? how does both compare?:D

i noe clift siting on much smaller land....but the lobby and common facilities shd be on par wif big bro 1shenton? hehe:D


Have not visited the Clift but I can see it from where I work. Not terribly impress with the exterior and swimming pool area from afar but I must say that the close up pics posted look really good. Just my opinion but I think the common area for os look better but I can be wrong. There appear to be more facilities for Clift despite smaller land.I do not see any sauna or steam room for os which i view as basic facility....that's a real surprise to me as there are other frills like yoga terrace, library, game rooms, etc. Again I maybe wrong and I hope I m wrong.

There is no doubt that the clift has a superior unblock view and os has only pocket views. Some will nit mind that as it gives a very manhattan feel. It is pretty subjective. For me, it exceeds expectation. For the same psf, i m likely to go for os.

devilplate
05-04-11, 01:07
I will try my best to give an unbias review on OS once it TOP....:p looks pretty exciting ;)

branspk
05-04-11, 11:28
1 shenton that pathetic meh? must have gap here n gap there to have view? anyway it wont make much of a difference lah.
most important the location for 1 shenton is good! thats good enough already.:cheers6: :cheers6:

Of cos, 1 Shenton is not pathetic with the Location it is situated. But imagine when you are selling ur unit, beside the location and renovation what other selling point can u persuade the buyer to buy ur unit? Wouldn't it be better if there are some view (even pocket view) from the unit so that we can achieve a better price. Given a choice, which will one buy? A blocked view or a pocket view? Of cos, there will still be buyers for blocked view if the price is right la. :) Anyway, I'm sure One Shenton is a good investment as compared to even FH condos in sub-urban area. Let's just hope CDL won't drag too long for our key collection so that we can Party asap! Cheers!

mcmlxxvi
05-04-11, 15:40
I will try my best to give an unbias review on OS once it TOP....:p looks pretty exciting ;)

I lurrrrrrrrrrrrrrrrrve golden tower!

mcmlxxvi
05-04-11, 15:47
This the 'pocket view of MBS' you guys talking about? Kewl

http://i2.propertyguru.com.sg/images/thumb/8/8/b/0/88b0e06435085_1_V550.jpg

dtrax
05-04-11, 15:52
See pocket view oso song? Like that I might as well pay low, less hole in my pocket without any view

thomastansb
05-04-11, 16:37
Sorry to say this but this is useless. I wouldn't buy anything with this view for a premium. Haha.

:doh:



This the 'pocket view of MBS' you guys talking about? Kewl

http://i2.propertyguru.com.sg/images/thumb/8/8/b/0/88b0e06435085_1_V550.jpg

branspk
05-04-11, 17:52
This the 'pocket view of MBS' you guys talking about? Kewl

http://i2.propertyguru.com.sg/images/thumb/8/8/b/0/88b0e06435085_1_V550.jpg

Hmm.. I was wondering how you get to go into One Shenton? Bring me in can?

devilplate
05-04-11, 18:05
imagine all the agts pointing in between the buildings and say' look look...tats MBS!!' to their buyers.....tats funny...ops:p

land118
05-04-11, 18:12
Guess, peekaboob also "song"....?

fiat500
06-04-11, 01:10
imagine all the agts pointing in between the buildings and say' look look...tats MBS!!' to their buyers.....tats funny...ops:p
dont have much of a choice...they have no where else to point already!:beats-me-man:

shauntanzs
06-04-11, 08:02
I really like this project.
One must really choose the stack/floor carefully to enjoy this little bit of view/breeze in city living.
Of cos MBS and Sail are still the unmatched king.
Maybe OS has better convienence?
If there is a condo near suntec area, I think it's gona be very popular as well.

devilplate
06-04-11, 08:47
I really like this project.
One must really choose the stack/floor carefully to enjoy this little bit of view/breeze in city living.
Of cos MBS and Sail are still the unmatched king.
Maybe OS has better convienence?
If there is a condo near suntec area, I think it's gona be very popular as well.

tat capitol or southbeach project lor....but cud be ultra expensive at 3kpsf+

thomastansb
06-04-11, 09:25
Actually, this project is good. Location, amenities, transport, bay, IR, upcoming garden are all well within walking distance. When ECP is relocated, you have an easier access to the sea as well. Also, there is another MRT coming up next year isn't it? Just right in front of one shenton. So location wise, you can't be wrong. The problem is, there is no view and that makes all stacks and floors almost equal. 10th floor or 40th floor, you see the same so what is the point of high floor right? Also, the asking price is very steep. Avg 2300 psf for studio which work out to be around 1.3M. For me, I rather get the sail at 1.3M or clift at 1.1M. So it is a not here, not there scenario which makes buyers ponder.






I really like this project.
One must really choose the stack/floor carefully to enjoy this little bit of view/breeze in city living.
Of cos MBS and Sail are still the unmatched king.
Maybe OS has better convienence?
If there is a condo near suntec area, I think it's gona be very popular as well.

devilplate
06-04-11, 09:29
Actually, this project is good. Location, amenities, transport, bay, IR, upcoming garden are all well within walking distance. When ECP is relocated, you have an easier access to the sea as well. Also, there is another MRT coming up next year isn't it? Just right in front of one shenton. So location wise, you can't be wrong. The problem is, there is no view and that makes all stacks and floors almost equal. 10th floor or 40th floor, you see the same so what is the point of high floor right? Also, the asking price is very steep. Avg 2300 psf for studio which work out to be around 1.3M. For me, I rather get the sail at 1.3M or clift at 1.1M. So it is a not here, not there scenario which makes buyers ponder.

same thought:cool:

btw, OS got future mrt right in front? i din noe tat wor....:confused:

thomastansb
06-04-11, 09:38
Downtown/Landmark station. 1 to 2 mins underground walk.





same thought:cool:

btw, OS got future mrt right in front? i din noe tat wor....:confused:

devilplate
06-04-11, 09:45
Downtown/Landmark station. 1 to 2 mins underground walk.

do u noe where is the exact underground entrance? i only noe MB suites got one right in front of them

thomastansb
06-04-11, 09:56
I am not sure if one shenton would have one. Maybe the closest entrance is Asia square? Asia square is linked underground to downtown MRT and is just a few steps away.




do u noe where is the exact underground entrance? i only noe MB suites got one right in front of them

devilplate
06-04-11, 10:05
I am not sure if one shenton would have one. Maybe the closest entrance is Asia square? Asia square is linked underground to downtown MRT and is just a few steps away.

tks for the info...i will check out with the agt when it TOP...:D

fleursecrets
06-04-11, 11:05
Here are some pictures taken onsite

2191

2192

2193

2194

devilplate
06-04-11, 11:19
how come the 1st pic-pool like enclosed....not exposed to sunshine?
den 2pic- is tat a pool or water feature...

and looks like the pocket view of MBS will be getting narrower soon.....

fleursecrets
06-04-11, 11:53
how come the 1st pic-pool like enclosed....not exposed to sunshine?
den 2pic- is tat a pool or water feature...

and looks like the pocket view of MBS will be getting narrower soon.....

believe pool 1 is exposed to sun...plenty of sun on that side. there are 2pools one on each side. for 2pic, it's a spa/leisure pool...some will deem it as useless.

yup..it's a all block project. for premium bay view, one should get MBR or Sail. there's no pt paying extra for its view. Selling point will be just the location for os as it's stone throw fr Asia Square.

devilplate
06-04-11, 11:56
believe pool 1 is exposed to sun...plenty of sun on that side. there are 2pools one on each side. for 2pic, it's a spa/leisure pool...some will deem it as useless.

yup..it's a all block project. for premium bay view, one should get MBR or Sail. there's no pt paying extra for its view. Selling point will be just the location for os as it's stone throw fr Asia Square.

yes...once asia sq is completed...OS can possibly fetch higher rental den clift/icon

cant wait to see OS....the sky bridge looks exciting:D

thomastansb
06-04-11, 13:30
Clift rental how much? Studio I mean. Sail I think around 4 to 4.5k for studio.





yes...once asia sq is completed...OS can possibly fetch higher rental den clift/icon

cant wait to see OS....the sky bridge looks exciting:D

Lovelle
06-04-11, 22:43
does the silver tower units are lower priced than the gold tower units ?

ONE SHENTON SHENTON WAYApartment117,380,0009,085Strata1,913Oct-10ONE SHENTON SHENTON WAYApartment117,380,0009,085Strata1,913Oct-10
ONE SHENTON SHENTON WAYApartment117,380,0009,085Strata1,913Oct-10

shauntanzs
07-04-11, 09:38
Bro,

The towers are two face, one side silver the other side gold. Depend on which side you are looking from.

Regards

luzman
07-04-11, 10:25
does the silver tower units are lower priced than the gold tower units ?

ONE SHENTON SHENTON WAYApartment117,380,0009,085Strata1,913Oct-10ONE SHENTON SHENTON WAYApartment117,380,0009,085Strata1,913Oct-10
ONE SHENTON SHENTON WAYApartment117,380,0009,085Strata1,913Oct-10

Dont think there is any diff...because Gold Tower only have one stack of studio (Stack 4) and the rest bigger units...while Silver tower are mostly Studio and 2 Br..

devilplate
07-04-11, 10:31
Dont think there is any diff...because Gold Tower only have one stack of studio (Stack 4) and the rest bigger units...while Silver tower are mostly Studio and 2 Br..

die die get gold twr...chinaman will luv it:D

mcmlxxvi
07-04-11, 13:03
Here are some pictures taken onsite


OMGOMGOMG the first pic looks like from brochure artist impiression!!!

Well taken good job.... send for photo competition

mcmlxxvi
07-04-11, 13:04
die die get gold twr...chinaman will luv it:D

Sorry hor brudder... now Silver taking over Gold as more popular choice hor...

hyenergix
07-04-11, 14:13
Silver will corrode. Gold will not. It just that silver is cheaper now hence more popular.

shauntanzs
07-04-11, 15:35
Hi friends.. The two towers are one side gold n other side silver!
There is no gold or silver building in particular.
Only tower A or B buildings...
The taller gold tower facing Lps has silver facing from
Ecp.

devilplate
07-04-11, 16:41
Hi friends.. The two towers are one side gold n other side silver!
There is no gold or silver building in particular.
Only tower A or B buildings...
The taller gold tower facing Lps has silver facing from
Ecp.

ok den die die get tat unit with GOLD:D

Lovelle
07-04-11, 18:54
Silver will corrode. Gold will not. It just that silver is cheaper now hence more popular.


how much cheaper is silver then Gold ?

proper-t
15-04-11, 17:45
Heard that CDL is organizing an owners get-together today @ 6.30pm at clubhouse with maybe a sneak peek session. Anyone here invited or going?

Tay EG
15-04-11, 23:48
Owner started to collect keys.

luzman
16-04-11, 00:28
Heard that CDL is organizing an owners get-together today @ 6.30pm at clubhouse with maybe a sneak peek session. Anyone here invited or going?
Yes, went for the event...spectacular...the view is better than I expected....looking forward to collect keys next week..

hopeful
16-04-11, 08:22
Hi, is the view to the outside different from the Silver facing and the Gold facing?
If get Gold units, does the scenery outside looks more yellowish? or no difference between Silver and Gold units?

535ggsnj
18-04-11, 09:57
Hi, is the view to the outside different from the Silver facing and the Gold facing?
If get Gold units, does the scenery outside looks more yellowish? or no difference between Silver and Gold units?
___________

CDL uses good qulaity window. there is no different .

richardsng_era
18-04-11, 11:06
I've 2 ready buyers for One Shenton. Feel free to call me for cobroke or viewing once you have collected the keys. Have a nice day.

devilplate
19-04-11, 01:19
any 1shenton owners??

some units keys collected!

http://www.propertyguru.com.sg/listing/3765003/for-rent-one-shenton

based on pics....the whole buildings got lots of big round pillars....

not much views....expected....

the gym is vy impressive....clift's gym suxx:o

the swimming pool doesnt look impressive...

spacious main lobby....

dun hf interior pics...

devilplate
19-04-11, 01:22
interior pics

http://www.propertyguru.com.sg/listing/3760447/for-rent-one-shenton

notice the big round pillar....

devilplate
19-04-11, 01:29
nice 1bedder....unblocked seaview for now

http://www.propertyguru.com.sg/listing/3750123/for-rent-one-shenton


In GOLD!
http://www.propertyguru.com.sg/listing/3749004/for-rent-one-shenton

devilplate
20-04-11, 09:17
no 1shenton owner here?:confused: :beats-me-man:

hopeful
24-04-11, 18:42
___________

CDL uses good qulaity window. there is no different .
sorry to contradict you.
Gold surface, the view outside indeed yellowish as compare to silver surface.

hopeful
24-04-11, 18:45
nice 1bedder....unblocked seaview for now

http://www.propertyguru.com.sg/listing/3750123/for-rent-one-shenton


In GOLD!
http://www.propertyguru.com.sg/listing/3749004/for-rent-one-shenton

The 1+1 is about 1000sf with L-shaped balcony. Is there a premium in rental associated with balcony?
Would there be a difference in rental as compared with a normal size 1BR. 5xx sf? Any idea what would the difference be? If only 200-300/mth difference, no point in getting 1+1 right?

devilplate
24-04-11, 18:51
The 1+1 is about 1000sf with L-shaped balcony. Is there a premium in rental associated with balcony?
Would there be a difference in rental as compared with a normal size 1BR. 5xx sf? Any idea what would the difference be? If only 200-300/mth difference, no point in getting 1+1 right?
I wud tink the rental will b in between 1bedder n 2bedder. Better get a 2 bedder of coz....1+1 is a waste of money

sh
24-04-11, 20:16
sorry to contradict you.
Gold surface, the view outside indeed yellowish as compare to silver surface.

does everything look yellow inside? :eek:

permanent state of jaundice :rolleyes:

devilplate
24-04-11, 20:25
does everything look yellow inside? :eek:

permanent state of jaundice :rolleyes:
The windows really yellowish.... Not sure i wud like to stay in it.... I prefer tinted in blue..... Outside look nice nia

mcmlxxvi
24-04-11, 20:34
sorry to contradict you.
Gold surface, the view outside indeed yellowish as compare to silver surface.

Classic old photo Sepia effect

DC33_2008
25-04-11, 10:53
After become yellow fellow, dirty fellow.

shauntanzs
25-04-11, 14:36
Haha... You all are so mean... Let's give OS a break. Afterall it's still a good project...

Tay EG
17-05-11, 08:48
Monthly maintenance for 1 rm about $550. So expensive. If rental @ $4 - 4.5k, yield would b poor.

DC33_2008
17-05-11, 09:47
Does it includes one carpark lot?
Monthly maintenance for 1 rm about $550. So expensive. If rental @ $4 - 4.5k, yield would b poor.

devilplate
17-05-11, 10:34
Monthly maintenance for 1 rm about $550. So expensive. If rental @ $4 - 4.5k, yield would b poor.
There r various sizes....isit 550 for the 5xxsqft?

Tay EG
17-05-11, 12:49
Does it includes one carpark lot?
Yes, include parking.

DC33_2008
17-05-11, 12:51
$550 is reasonable with a carpark lot. Public carpark space is expensive and limited in this area.
Yes, include parking.

Tay EG
17-05-11, 12:51
There r various sizes....isit 550 for the 5xxsqft?
Yes, smallest unit. Yet to find out how much fee for those unit above 1000 sf.

DC33_2008
17-05-11, 12:53
Do they have enough carpark lots for every household?
Yes, smallest unit. Yet to find out how much fee for those unit above 1000 sf.

Tay EG
17-05-11, 12:57
Do they have enough carpark lots for every household?
CBD area less ppl drive. Typically more than sufficient lots.

shauntanzs
03-09-11, 23:09
Quite a few 2 bedders exchange hands in Aug for $1800+psf.

phantom_opera
10-09-12, 16:10
this guy should have his brain examined ... :doh:

One Shenton for rent 6.7k pm

http://cdn-sg2.pgimgs.com/images/thumb/6/c/3/5/6c35aa23931282_1_V550.jpg

http://cdn-sg2.pgimgs.com/images/thumb/2/5/e/7/25e75e23931294_1_V550.jpg

phantom_opera
10-09-12, 16:53
wow, this unit is asking for more than 5m ... One Shenton Boleh

http://cdn-sg2.pgimgs.com/images/thumb/e/1/b/a/e1bad925221839_1_V550.jpg

drink kopi at balcony

http://cdn-sg2.pgimgs.com/images/thumb/8/6/3/f/863f6d25338339_1_V550.jpg

carbuncle
10-09-12, 18:30
Anyone who raises a toddler in One Shenton ought to be shot.

kane
10-09-12, 18:41
Anyone who raises a toddler in One Shenton ought to be shot.

By 5 years old, the kid can name every block on the street, the plot ratio and land usage permissible by URa. Haha.

phantom_opera
11-09-12, 12:40
very high, wonder get west sun or not

http://cdn-sg2.pgimgs.com/images/thumb/a/6/c/c/a6ccbd15243131_1_V550.jpg

DC33_2008
11-09-12, 12:55
The port will disappear 20 years later.
very high, wonder get west sun or not

http://cdn-sg2.pgimgs.com/images/thumb/a/6/c/c/a6ccbd15243131_1_V550.jpg

phantom_opera
11-09-12, 16:36
seems like 1br has more luck to make $$ ... those lost money mainly are big units

2012-02-28 #19-XX 570 2,139 2010-01-08 1,700 250,230 781 11.3
2012-01-20 #10-XX 538 2,135 2007-02-12 1,791 185,072 1,803 3.6
2011-10-07 #39-XX 538 2,549 2007-05-02 2,007 291,596 1,619 5.5

2012-05-10 #36-XX 1,119 1,758 2007-08-03 1,967 -233,871 1,742 -2.3
2012-03-02 #23-XX 1,582 1,975 2007-01-24 2,159 -291,088 1,864 -1.7
2011-03-30 #40-XX 1,098 1,946 2007-05-25 2,242 -325,008 1,405 -3.6

low floor 2100psf, high floor 2500psf

that is about 2X psf of ECO

Vincegoh
11-09-12, 16:47
Anyone who raises a toddler in One Shenton ought to be shot.

how come? :confused:

carbuncle
11-09-12, 16:51
how come? :confused:

very stressful and unconducive environment

Vincegoh
11-09-12, 16:54
very stressful and unconducive environment

cos Wall Street never sleeps. :D

on a separate note, parents working in CBD may prefer it.. so easier to go spy on their kids during lunch time and do surprise spot checks to see if kids got hanky panky not. :scared-2:

carbuncle
11-09-12, 16:56
cos Wall Street never sleeps. :D

on a separate note, parents working in CBD may prefer it.. so easier to go spy on their kids during lunch time and do surprise spot checks to see if kids got hanky panky not. :scared-2:

toddlers playing on floor mat.... can hanky panky wat sia

more grown up is different story liao.

Vincegoh
11-09-12, 17:04
toddlers playing on floor mat.... can hanky panky wat sia

more grown up is different story liao.

maybe spot check on domestic helpers see if they got hanky panky not. :tsk-tsk: :p

ekl2ekl2
13-09-12, 12:03
Does anyone know the main reasons why Clift appears to be doing better than One Shenton.

With a number of new Shenton condos (76 Shenton, EOn, V shenton etc) sprouting up relentlessly, which side of the Shenton way is really better, if at all?

dtrax
13-09-12, 12:14
Does anyone know the main reasons why Clift appears to be doing better than One Shenton.

With a number of new Shenton condos (76 Shenton, EOn, V shenton etc) sprouting up relentlessly, which side of the Shenton way is really better, if at all?

One Shenton is the most cmi of all condos even cbd, even the rental psf/mth is so close the One-North Residence based on URA stats lol. Clift in terms of psf/mth is alot higher due to the smaller sizes. Next followed by Icon then Sail/Marina Bay.

My bet is that within the next few yrs, once the 100 am mall [ready this yr], the mix development above TP MRT and the new mall in the DB building [completed in 2014], the rental in TP area will be much higher than in Marina area

carbuncle
13-09-12, 13:23
how about Altez... tacky name but I love thee look

dtrax
13-09-12, 13:48
Some info on the rental for last 3 qrs for top 25 condos

dtrax
13-09-12, 14:04
how about Altez... tacky name but I love thee look
Sure win.. since it is a far east project lol

vboy
12-11-12, 14:27
http://business.asiaone.com/A1Business/Property/Story/A1Story20121112-382913.html

Living the high life in the city

The current form of city living features luxury skyscraper condominiums with small units targeted mainly at young professionals and expatriates. -ST
Yamine Yahya

Mon, Nov 12, 2012
The Straits Times

LIVE: Banker Neil Mann enjoys the view from his 35th floor apartment at the One Shenton luxury condo in Shenton Way.
NOTHING is quite like a mere five-minute commute between home and work.

In fact, the idea of eliminating the frustrating exercise of travelling into the Central Business District (CBD) every morning was so attractive to banker Neil Mann that he decided it would be worth downsizing to live within the city itself.

Since May last year, Mr Mann, 31, has been living at One Shenton, the luxury high-rise condominium in Shenton Way.

He pays the same monthly rent, $4,800 for his 950 sq ft bachelor pad, as he did for his previous 1,200 sq ft apartment in Dover.

Mr Mann has few complaints.

"I enjoy living here. Of course there's a premium to pay for such a central and exclusive location and you get less space for your dollar, but you get a huge amount of convenience in return," he said. "I live on the 35th floor and there is an L-shaped balcony. I enjoy the view every morning." He splits his working time between One Raffles Quay, just a five-minute walk away, and Suntec City.

His company provides a shuttle bus service between the two buildings so his commute is hassle-free, he added.

A big bonus is his close proximity to his favourite restaurants and pubs at Boat Quay, Duxton Hill, Club Street and Chinatown.

The concept of "city living" is not new to Singapore, as there used to be a lot of residential shophouses and bungalows in the area before most were torn down to make way for the CBD, noted International Property Advisor chief executive Ku Swee Yong.

But this current form of city living - luxury skyscraper condominiums with small units targeted mainly at young professionals and expatriates - was introduced to Singapore only about a decade ago with the launch of Icon in Tanjong Pagar in 2003.

The project sold well for an untested market, said Chesterton International's head of research and consultancy, Mr Colin Tan.

There are now between 3,000 and 3,500 residential apartments in the CBD. Another 3,400 will likely be added to this pool by 2018, property consultancy CBRE said in an August report.

The re-introduction of homes into the CBD was meant to liven up the area and give retailers the opportunity to do business even on weekends, said Mr Tan. "It's still not quite there. In the city itself, it's still quite dark at night as there is no al fresco dining in a big way," he noted.

The refurbishment of the DBS building into a mixed development with retail and dining outlets will help inject more life into the area, although this is still some years away, he added.

There are some niggling complaints. "There's a supermarket at the Marina Bay Financial Centre and one at China Square but they're quite small," Mr Mann said. The apartment also gets a lot of dust drifting in from the ongoing construction of a second tower at Asia Square next door and the noise can be a bother at times.

[email protected]

august
12-11-12, 16:20
there's a cold storage and Robinsons at Marina Bay Sands.

radha08
12-11-12, 20:59
there's a cold storage and Robinsons at Marina Bay Sands.

and a casino...:D

kane
12-11-12, 22:35
31 year old and paying $4,800 of rent. company takes care of him.

phantom_opera
31-12-12, 13:05
ONE SHENTON SHENTON WAY 01 Non-landed Properties 1 4,000 500 to 600 Nov-12
ONE SHENTON SHENTON WAY 01 Non-landed Properties 2 5,500 1100 to 1200 Nov-12
ONE SHENTON SHENTON WAY 01 Non-landed Properties 3 7,000 1500 to 1600 Nov-12
ONE SHENTON SHENTON WAY 01 Non-landed Properties 1 5,800 500 to 600 Nov-12
ONE SHENTON SHENTON WAY 01 Non-landed Properties 1 3,800 500 to 600 Nov-12
ONE SHENTON SHENTON WAY 01 Non-landed Properties 1 3,800 500 to 600 Nov-12

3.8k - 4k for 1br

DC33_2008
16-04-13, 21:25
Know of someone staying at this place who say things, such as keypad lock, light switches, boiler, etc, seems to be falling a part in less than 2 years. Is it true?

luzman
17-04-13, 00:01
Know of someone staying at this place who say things, such as keypad lock, light switches, boiler, etc, seems to be falling a part in less than 2 years. Is it true?
Which condo build these days do not fall apart after 1-2 years??

teddybear
17-04-13, 00:10
Mine didn't... You pay for what you get right? :p


Which condo build these days do not fall apart after 1-2 years??

august
17-04-13, 00:14
Know of someone staying at this place who say things, such as keypad lock, light switches, boiler, etc, seems to be falling a part in less than 2 years. Is it true?

CDL right? The Sail was quite dismal imo. Maybe that batch suffers from poor workmanship??

Maxim1
27-01-14, 00:34
I went to visit my friends' office at Asia Square.

Alamak their office view looking right at One Shenton... can see people walking around balcony without shirt on.