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View Full Version : Altez (D2, 99 years, Far East Org)



District 84483535
13-01-10, 19:42
Hi all,

I just received a latest info that FEO going to launch new project Altex at CBD where near to the Tanjong Pagar MRT.
This new project most 1 and 2 Bedroom.. with 62 storeys, Best for investment.


Please register your prospects with me, i'll keep you updated and arrange VIP Preview for you.


Hp 8448 3535/82981266
E [email protected] ([email protected])

Regards
Andy

Sea
13-01-10, 22:08
62 storey!!!!

280 units!!!

1 and 2 bedroroms avil!!!!

Next to Icon

Dont miss it!!!

Sms at 90686016 for more details

and to register for VIP preview!

http://www.sg-house.com/classifieds/images/misc/progress.gif

DKSG
14-01-10, 13:12
Is this the one by Allgreen ?

Acer
14-01-10, 14:32
mm

sound interesting.

This is the project by FE well known for selling at high psf

62 storey for only 280 units...
is it true?

ay123
14-01-10, 15:32
any price indication?

dtrax
14-01-10, 18:19
let me guess 16xx-18xx?

august
14-01-10, 23:28
by FEO or Allgreen?

Property_Owner
15-01-10, 09:03
Mighty FEO.

District 84483535
15-01-10, 17:43
Hi,

Cfm is FEO project,
The soft launch had shorten to 2/3week times from now..

i have received about 9-10 people who register with me..

ALTEX- New Project Launching soon...

ALTEX located in the heart of the Central Business District CBD with the Tanjong Pagar MRT at your doorstep and just Next to Icon.
This new project most are 1 and 2 Bedrooms.. with 62 storeys,280 units
Best for investment.

Estimation price from : 1xxxpsf (waiting latest info from developer.)

Project info:
-not consolidated yet-

AMENITIES nearby
� Near Tanjong Pagar Food Centre � Near Lau Pa Sat � Near Amoy Food Centre � Near Amara Hotel � Near Chinatown � Near Suntec City � Near VivoCity � Near HabourFront � Near City Hall � Near Boat


Please register your prospects with me, i'll keep you updated and arrange VIP Preview for you.


Hp 8448 3535/82981266
E [email protected] ([email protected])

Regards
Andy

District 84483535
15-01-10, 17:48
ALTEX- New Project Launching soon...

ALTEX located in the heart of the Central Business District CBD with the Tanjong Pagar MRT at your doorstep and just Next to Icon.
This new project most are 1 and 2 Bedrooms.. with 62 storeys,280 units
Best for investment.

Estimation price from : xxxpsf (waiting latest info from developer.)

Project info:
-not consolidated yet-

AMENITIES nearby
� Near Tanjong Pagar Food Centre � Near Lau Pa Sat � Near Amoy Food Centre � Near Amara Hotel � Near Chinatown � Near Suntec City � Near VivoCity � Near HabourFront � Near City Hall � Near Boat


Please register your prospects with me, i'll keep you updated and arrange VIP Preview for you.


Hp 8448 3535/82981266
E [email protected] ([email protected])

Regards
Andy

Sea
15-01-10, 23:20
This Project comprised

of 1br Loft, 2 Br Loft and

Penthouse.

Launching on Feb 1st or 2nd Week (Sujbect to Changes)

Sms at 90686016 for more coming updates and to register

for for VIP Preview

Thanks

District 84483535
16-01-10, 14:04
Dear all

Let me make some correction project name is Altez
asking from S$9XXK

Releasing Tower 1 10-16th 1Bedroom 553sqft-608sqft

Please register your prospects with me, i'll keep you updated and arrange VIP Preview for you.


Hp 8448 3535/82981266
E [email protected] ([email protected])

Regards
Andy



Hi,

Cfm is FEO project,
The soft launch had shorten to 2/3week times from now..

i have received about 9-10 people who register with me..

ALTEX- New Project Launching soon...

ALTEX located in the heart of the Central Business District CBD with the Tanjong Pagar MRT at your doorstep and just Next to Icon.
This new project most are 1 and 2 Bedrooms.. with 62 storeys,280 units
Best for investment.

Estimation price from : 1xxxpsf (waiting latest info from developer.)

Project info:
-not consolidated yet-

AMENITIES nearby
� Near Tanjong Pagar Food Centre � Near Lau Pa Sat � Near Amoy Food Centre � Near Amara Hotel � Near Chinatown � Near Suntec City � Near VivoCity � Near HabourFront � Near City Hall � Near Boat


Please register your prospects with me, i'll keep you updated and arrange VIP Preview for you.


Hp 8448 3535/82981266
E [email protected] ([email protected])

Regards
Andy

District 84483535
16-01-10, 14:06
Dear all

Let me make some correction project name is Altez
asking from S$9XXK

Releasing Tower 1 10-16th 1Bedroom 553sqft-608sqft

Please register your prospects with me, i'll keep you updated and arrange VIP Preview for you.


Hp 8448 3535/82981266
E [email protected] ([email protected])

Regards

Sea
16-01-10, 15:17
This Project comprised

of 1br Loft, 2 Br Loft and

Penthouse.

Launching on Feb 1st or 2nd Week (Sujbect to Changes)

More Details Comimg up soon!!


Sms at 90686016 for more coming updates and to register


for VIP Preview


Thanks

Sea
16-01-10, 16:26
Latest updates:

ALTEZ : 280 units

1 Tower

62 Storey high!!

6 Sky Terraces w / 63rd as Sky Garden

Releasing 10th-16th Floor.

Only 1 bedroom apt.

Price from $1700 Psf

Please sms at 90686016 to be updated with

more upcoming details and to be register for VIP Preview

Best Regards

Andy/90686016

Sea
17-01-10, 11:48
ALTEZ:

Near IR and Casinos.

5 Mins walk to Tanjong Pagar MRT

Special Preview by Invitation only

For Appt and Reservation of units by Blank

Cheques.

Please sms [email protected] ([email protected]).

Thanks And Regards

District 84483535
17-01-10, 14:30
ALTEZ-The Universal City @Enggor Street- New Project Launching soon...
from S$8xxK-S$9xxK

Tentative Launching Date : 04th Feb 2008 and

Open Booking on Monday/Tuesday


LATEST INFO --- Developer have Releasing Tower 1 10-16th flr 1bedroom 553-608sf

To Book Your VIP Preview Please submit Blank Cheques/Name/Contact to Us -- ANDY Sek +658448 3535 OR [email protected] ([email protected])


ALTEZ located in the heart of the Central Business District CBD with the Tanjong Pagar MRT at your doorstep and just Next to Icon.
This new project most are 1 and 2 Bedrooms.. with 62 storeys,280 units
Best for investment.

Estimation price from : ~~1700psf (still waiting developer to confirm.)

Project info:
Project name : ALTEZ- The Universal City
Size :3036.2sqm
Address : enggor Street
Developer : FEO
Type: Lease hold
TOP : Unknown
Units : 280 units
Car park : 297

Est unit size
1Bedroom (530-608sf)
1Bedroom Loft (805-896sf)
2Bedroom (837-1029sf)
3Bedroom Loft (1636-1729sf)
Penthouse (2444-4054sf)

Facilities:
Level 1- Cuisene @Ground One : F&B
Level 9- Recreation : Gym, 50m Length Lap Pool, Climbing Structure, Game Room, Basketball Halt Court, Tennis court, Leisure pool, Jacuzzi, Cabana, Kid pool, Playground,
Level 18/28/40/52 -Garden Sky Terrence, Sky Garden, Sky Pavilion, Gardens --Last The 360 turning Excitement Club.


AMENITIES nearby
� Near Tanjong Pagar Food Centre � Near Lau Pa Sat � Near Amoy Food Centre � Near Amara Hotel � Near Chinatown � Near Suntec City � Near VivoCity � Near HabourFront � Near City Hall � Near Boat


Please register your prospects with me, i'll keep you updated and arrange VIP Preview for you.


Hp 8448 3535/82981266
E [email protected] ([email protected])

Regards
AndySek

District 84483535
17-01-10, 14:37
ALTEZ-The Universal City @Enggor Street- New Project Launching soon...
from S$8xxK-S$9xxK

Tentative Launching Date : 04th Feb 2008 and

Open Booking on Monday/Tuesday


LATEST INFO --- Developer have Releasing Tower 1 10-16th flr 1bedroom 553-608sf

To Book Your VIP Preview Please submit Blank Cheques/Name/Contact to Us -- ANDY Sek +658448 3535 OR [email protected] ([email protected])


ALTEZ located in the heart of the Central Business District CBD with the Tanjong Pagar MRT at your doorstep and just Next to Icon.
This new project most are 1 and 2 Bedrooms.. with 62 storeys,280 units
Best for investment.

Estimation price from : ~~1700psf (still waiting developer to confirm.)

Project info:
Project name : ALTEZ- The Universal City
Size :3036.2sqm
Address : enggor Street
Developer : FEO
Type: Lease hold
TOP : Unknown
Units : 280 units
Car park : 297

Est unit size
1Bedroom (530-608sf)
1Bedroom Loft (805-896sf)
2Bedroom (837-1029sf)
3Bedroom Loft (1636-1729sf)
Penthouse (2444-4054sf)

Facilities:
Level 1- Cuisene @Ground One : F&B
Level 9- Recreation : Gym, 50m Length Lap Pool, Climbing Structure, Game Room, Basketball Halt Court, Tennis court, Leisure pool, Jacuzzi, Cabana, Kid pool, Playground,
Level 18/28/40/52 -Garden Sky Terrence, Sky Garden, Sky Pavilion, Gardens --Last The 360 turning Excitement Club.


AMENITIES nearby
� Near Tanjong Pagar Food Centre � Near Lau Pa Sat � Near Amoy Food Centre � Near Amara Hotel � Near Chinatown � Near Suntec City � Near VivoCity � Near HabourFront � Near City Hall � Near Boat


Please register your prospects with me, i'll keep you updated and arrange VIP Preview for you.


Hp 8448 3535/82981266
E [email protected] ([email protected])

Regards
AndySek

District 84483535
17-01-10, 14:39
ALTEZ-The Universal City @Enggor Street- New Project Launching soon...
from S$8xxK-S$9xxK

Tentative Launching Date : 04th Feb 2008 and

Open Booking on Monday/Tuesday


LATEST INFO --- Developer have Releasing Tower 1 10-16th flr 1bedroom 553-608sf

To Book Your VIP Preview Please submit Blank Cheques/Name/Contact to Us -- ANDY Sek +658448 3535 OR [email protected] ([email protected])


ALTEZ located in the heart of the Central Business District CBD with the Tanjong Pagar MRT at your doorstep and just Next to Icon.
This new project most are 1 and 2 Bedrooms.. with 62 storeys,280 units
Best for investment.

Estimation price from : ~~1700psf (still waiting developer to confirm.)

Project info:
Project name : ALTEZ- The Universal City
Size :3036.2sqm
Address : enggor Street
Developer : FEO
Type: Lease hold
TOP : Unknown
Units : 280 units
Car park : 297

Est unit size
1Bedroom (530-608sf)
1Bedroom Loft (805-896sf)
2Bedroom (837-1029sf)
3Bedroom Loft (1636-1729sf)
Penthouse (2444-4054sf)

Facilities:
Level 1- Cuisene @Ground One : F&B
Level 9- Recreation : Gym, 50m Length Lap Pool, Climbing Structure, Game Room, Basketball Halt Court, Tennis court, Leisure pool, Jacuzzi, Cabana, Kid pool, Playground,
Level 18/28/40/52 -Garden Sky Terrence, Sky Garden, Sky Pavilion, Gardens --Last The 360 turning Excitement Club.


AMENITIES nearby
� Near Tanjong Pagar Food Centre � Near Lau Pa Sat � Near Amoy Food Centre � Near Amara Hotel � Near Chinatown � Near Suntec City � Near VivoCity � Near HabourFront � Near City Hall � Near Boat


Please register your prospects with me, i'll keep you updated and arrange VIP Preview for you.


Hp 8448 3535/82981266
E [email protected] ([email protected])

Regards
AndySek

august
17-01-10, 14:42
should have come up with a better name ...

District 84483535
17-01-10, 15:48
correction tentative launch on 2010.. not 2008

mcmlxxvi
17-01-10, 19:07
It means ALTitude + EXpensive (or EXclusive depending on how you wanna see it)...

Reporter
17-01-10, 22:32
"District 84483535" is here to mess up this forum by creating multiple threads on the same development/project. Let's ignore and boycott him/her.

Sea
17-01-10, 23:21
ALTEZ:

Near IR and Casinos.

5 Mins walk to Tanjong Pagar MRT

Within CBD AREA!

Near to Popular Eating Places and

Supermarket.

Easy Access To HarbourFront and Vivocity

and many more!

Special Preview by Invitation only

For Appt and Reservation of units by Blank

Cheques.

Please sms [email protected] ([email protected]).

Thanks And Regards

District 84483535
18-01-10, 13:54
Hi Reporter

my sincere apologies, i did created two thread here.. let me explain to you..
The 1st thread was created under project name Altex (This is not a correct project name ). However the threads title cant change able..
i was worries public may receive a wrong info..
So i recreate another Threads with a correct Project name and latest info updated, hope everybody can have correct info.. and not mess up..

maybe administrator could help me on this..

Good news -Altez The Universal City Open Book this coming Tuesday,
please contact us for VIP preview..

Thanks and Regards
Andy Sek



"District 84483535" is here to mess up this forum by creating multiple threads on the same development/project. Let's ignore and boycott him/her.

Sea
18-01-10, 14:39
Latest Updates for ALTEZ:

Collection of Blank Cheques start now!

For more details and facing on ALTEZ,

Interested buyers can sms

Andy at 90686016 for a draft presentation.

Regulators
19-01-10, 00:51
it is another way for Reporter to tell agents like u to bugger out of this forum
Hi Reporter

my sincere apologies, i did created two thread here.. let me explain to you..
The 1st thread was created under project name Altex (This is not a correct project name ). However the threads title cant change able..
i was worries public may receive a wrong info..
So i recreate another Threads with a correct Project name and latest info updated, hope everybody can have correct info.. and not mess up..

maybe administrator could help me on this..

Good news -Altez The Universal City Open Book this coming Tuesday,
please contact us for VIP preview..

Thanks and Regards
Andy Sek

Sea
20-01-10, 22:45
http://i213.photobucket.com/albums/cc302/noaharkk/done.jpg

Altez Sectional View

ALTEZ:

Near IR and Casinos.

5 Mins walk to Tanjong Pagar MRT

Special Preview by Invitation only

For Appt and Reservation of units by Blank

Cheques.

Please sms [email protected] ([email protected]).

Thanks And Regards

focus
21-01-10, 00:41
Hmm.. is this a good buy considering that sail is going for >$2.5k .. while this one is going for $1.7k .. subject to developer confirmation..

Any of the property gurus buying this?.. Property_Owner? Proud_Owner? Reporter... jlrx.. etc etc?

Property_Owner
21-01-10, 09:24
Hmm.. is this a good buy considering that sail is going for >$2.5k .. while this one is going for $1.7k .. subject to developer confirmation..

Any of the property gurus buying this?.. Property_Owner? Proud_Owner? Reporter... jlrx.. etc etc?

1700psf hmmm...

2 choice to choose

1)17xxpsf for Altex, not too sure about the facing and level now. Sub sale will not happen so fast. Just need to park your 20% now. (Dun forget there r risk involve too)
2)17xxpsf for a unit @ sail. Poor facing(Facing carpark view) but much much better location. Rental about 3.2 to 3.5k. If market goes crazy this year....I guess can easily gain 150psf to 200psf. But risk involved too.

august
21-01-10, 11:20
Hmm.. is this a good buy considering that sail is going for >$2.5k .. while this one is going for $1.7k .. subject to developer confirmation..

Any of the property gurus buying this?.. Property_Owner? Proud_Owner? Reporter... jlrx.. etc etc?

need to see the surrounding, floor plan etc also 1st ...

Regulators
21-01-10, 13:02
we should all boycott feo for their ridiculous pricing.

Property_Owner
21-01-10, 13:30
end of the day there will still be people buying. Just look at E shore. :doh:

Regulators
21-01-10, 13:52
Fools always rush in with the crowd, the wise usually thread alone wth caution
end of the day there will still be people buying. Just look at E shore. :doh:

ay123
21-01-10, 13:59
end of the day there will still be people buying. Just look at E shore. :doh:

normally how you determine whether a project is worth buying? what are the few factors that you will consider good buy?
1) location?
2) price?
3) freehold leasehold?

why did you find e shore not worth buying? over price?

Regulators
21-01-10, 15:39
future enbloc potential, surrounding price movement, whether project mainly bought by hdb upgraders/investors/speculators, tenure, rental yield for the location etc, just to name you a few factors to look out for.



normally how you determine whether a project is worth buying? what are the few factors that you will consider good buy?
1) location?
2) price?
3) freehold leasehold?

why did you find e shore not worth buying? over price?

Property_Owner
21-01-10, 16:12
future enbloc potential, surrounding price movement, whether project mainly bought by hdb upgraders/investors/speculators, tenure, rental yield for the location etc, just to name you a few factors to look out for.

Yea. These are some of the key points. But mainly location

Property_Owner
21-01-10, 16:14
why did you find e shore not worth buying? over price?


This weekend go take a look, experience it by yourself why e shore is overprice.

Regulators
21-01-10, 16:17
LEFT OUT THE MOST IMPORTANT FACTOR, BALLS! (sorry womenfolks)


Yea. These are some of the key points. But mainly location

new2mondrian
21-01-10, 16:49
LEFT OUT THE MOST IMPORTANT FACTOR, BALLS! (sorry womenfolks)

what has balls (or lack thereof) got to do with property???!!! :doh:

new2mondrian
21-01-10, 16:54
why did you find e shore not worth buying? over price?

erm.... where have u been hibernating? i thought this question was answered many times over in the local straits times.... if still in doubt, consult the thread on The Shore in this forum and u will see the light.

But really, much as we like to dismiss the mighty FEO, gotta give them credit for tonnes of such creative ideas (or not that creative since the US Embassy was the first in SGP to start repacking FH land and selling it as 103years' tenure), as well as being able to withstand all the financial turmoil without doing any rights issue or going on any massive fund raising/capital injection exercise, and holding onto vacant units without reducing the price. At least they managed to convince tonnes of suckers to buy from them, from CCR all the way to Woodlands/Lakeside/Bt Batok areas. That alone is no mean feat. :doh:

mcmlxxvi
21-01-10, 16:57
what has balls (or lack thereof) got to do with property???!!! :doh:

The balls to trust your instincts and 'gut feel'...

Has served me well so far... my first was 5-6 yr old conservation MM unit in Mountbatten... then 2 x Little India studio... all served me well earning over 200-250 psf in 1 year or less each...

Those are stuff traditional investors will avoid like plague given the size (lack thereof) and locality (prostitute street, lots of parapundeks etc).

new2mondrian
21-01-10, 17:05
The balls to trust your instincts and 'gut feel'...

Has served me well so far... my first was 5-6 yr old conservation MM unit in Mountbatten... then 2 x Little India studio... all served me well earning over 200-250 psf in 1 year or less each...

Those are stuff traditional investors will avoid like plague given the size (lack thereof) and locality (prostitute street, lots of parapundeks etc).

I see.... hahaha.... cannot blame me for failing to see this connection due to my lack thereof (literally)! :D

mcmlxxvi
21-01-10, 17:13
I see.... hahaha.... cannot blame me for failing to see this connection due to my lack thereof (literally)! :D

Oh u a gal! LOL

gfoo
21-01-10, 17:21
Oh u a gal! LOL
better be a gal, otherwise ... OUCH!

new2mondrian
21-01-10, 17:26
yup yup! mother of a 3-year old child... spending my weekends chasing him around. :(

Allthepies
21-01-10, 19:50
normally how you determine whether a project is worth buying? what are the few factors that you will consider good buy?
1) location?
2) price?
3) freehold leasehold?


have to add in developer too...

Regulators
21-01-10, 23:34
simple illustration. If you have only one shot at investing in a prime location property and an experienced investor told you that dumping all that money on The Sail at $3000psf for a bay view unit on the 50th floor is a safe investment that will reap you decent capital gains in future, apart from due diligence on the property, what else do you need for you to commit to that property? Isnt that one thing guts or "balls"?


what has balls (or lack thereof) got to do with property???!!! :doh:

bargain hunter
22-01-10, 12:20
heard that the preview of Altex has been postponed because of poor response. anyone can confirm?

Property_Owner
22-01-10, 12:33
heard that the preview of Altex has been postponed because of poor response. anyone can confirm?

YUP. They are holding it. Most like after CNY.

dtrax
22-01-10, 12:45
How come I have a feeling that FEO is forever greedy... wanna wait for prices to go up higher and higher..

Regulators
22-01-10, 12:53
They are trying to lead in the property upsurge and they are greedy


How come I have a feeling that FEO is forever greedy... wanna wait for prices to go up higher and higher..

teddybear
22-01-10, 13:10
Don't think you can call them greedy because they didn't put a gun at the head of the buyers. Buyers can choose to buy or not to buy.

Greedy is only when somebody take more than what other people are willing to give them and these other people are not given any choice / or have no power to do anything about it.


They are trying to lead in the property upsurge and they are greedy

Regulators
22-01-10, 13:14
Selling The Shore as a 99yr (when land is freehold) and selling to people at freehold price, if that is not called greedy, what is it? Hillvista in Ulu ulu hillview launching at $1100-$1200psf, if that is not called greedy, then what? I think many people can concur it me on that...


Don't think you can call them greedy because they didn't put a gun at the head of the buyers. Buyers can choose to buy or not to buy.

Greedy is only when somebody take more than what other people are willing to give them and these other people are not given any choice / or have no power to do anything about it.

teddybear
22-01-10, 13:18
Let's not judge on the price they put on the properties - May be they are right that the properties in surrounding area are transacted at under-valued price and hence they are asking for the right price? If they really sell at over-valued price, why there are buyers for their properties? It may be too early to judge though.


Selling The Shore as a 99yr (when land is freehold) and selling to people at freehold price, if that is not called greedy, what is it? Hillvista in Ulu ulu hillview launching at $1100-$1200psf, if that is not called greedy, then what? I think many people can concur it me on that...

Regulators
22-01-10, 13:41
they are trying to set the benchmark for all condo properties in singapore, think everyone can see it. They are forward pricing their properties for every area they have a project and setting the trend for other developers to follow. Very soon it will be very hard to find new condos below 1k psf everywhere in singapore.


Let's not judge on the price they put on the properties - May be they are right that the properties in surrounding area are transacted at under-valued price and hence they are asking for the right price? If they really sell at over-valued price, why there are buyers for their properties? It may be too early to judge though.

focus
22-01-10, 14:20
Oh u a gal! LOL

Gals also got balls what.. only they have it higher up

teddybear
22-01-10, 14:56
"Very soon it will be very hard to find new condos below 1k psf everywhere in singapore."

Well, this is the eventuality (just a matter of time). Sooner or later we will have $1m HDB flat! Don't put too much credit to FEO for helping to achieve this. Wa-ha-ha! :ashamed1:


they are trying to set the benchmark for all condo properties in singapore, think everyone can see it. They are forward pricing their properties for every area they have a project and setting the trend for other developers to follow. Very soon it will be very hard to find new condos below 1k psf everywhere in singapore.

Regulators
22-01-10, 23:33
anyway i dont like FEO and i will never buy their projects. I will definitely avoid giving them credit for anything but they are too big to be ignored. Their land bank in singapore is just too huge to ignore.


"Very soon it will be very hard to find new condos below 1k psf everywhere in singapore."

Well, this is the eventuality (just a matter of time). Sooner or later we will have $1m HDB flat! Don't put too much credit to FEO for helping to achieve this. Wa-ha-ha! :ashamed1:

proud owner
22-01-10, 23:58
anyway i dont like FEO and i will never buy their projects. I will definitely avoid giving them credit for anything but they are too big to be ignored. Their land bank in singapore is just too huge to ignore.


they have many many unsold units in many projects .. thru the years ...

you can call up FEO rental .. and see what OLD (really old) projects that they still holding and putting out for rent ..

moneyspinner
23-01-10, 09:22
anyway i dont like FEO and i will never buy their projects. I will definitely avoid giving them credit for anything but they are too big to be ignored. Their land bank in singapore is just too huge to ignore.

2nd only HDB??:doh:

Reporter
02-02-10, 11:03
http://www.sph.com.sg/images/logo_st.png
Tanjong Pagar set to be next waterfront city
Jessica Cheam
The Straits Times
Tuesday, 2 February 2010

http://www.straitstimes.com/STI/STIMEDIA/image/20100202/a8-2.jpg
In the future waterfront city that is being envisaged, the current landscape of cranes and shipping containers will be turned into a lifestyle and tourism hub. -- Photo: URA

http://www.straitstimes.com/STI/STIMEDIA/image/20100202/a8-3.jpg
The white areas show how the planned Tanjong Pagar development would fit into Singapore's existing waterfront scene. -- Photo: URA

Even as Singapore's iconic Marina Bay nears completion, its next waterfront city has been identified: Tanjong Pagar.

Right now, it is home to cranes and rows of stacked containers waiting to be loaded onto ships calling at one of the world's busiest ports.

But come 2027, when port operator PSA Corporation's lease on the land expires, the prime waterfront space should become home to skyscrapers of another sort.

The Economic Strategies Committee (ESC) yesterday called for Tanjong Pagar to be transformed into a waterfront city catering for the expansion of Singapore's business district and boasting apartments, hotels, and lifestyle and tourism facilities.

'This area is very attractive, it is just at the fringe of the city, the size is comparable to another Marina Bay and it can offer immense opportunities to support future growth,' said Senior Minister of State for National Development Grace Fu yesterday.

Because of its proximity to the Central Business District, Sentosa and universities, Tanjong Pagar 'will give us lots of elements to work on and we're quite excited about the potential', she added.

However, details are not ready at the moment as the Government is not looking at developing it any time soon.

Ms Fu, who co-chaired the ESC sub-committee on higher land productivity for future growth, said this is all part of the committee's push to make the most productive use of Singapore's land.

This is especially since Singapore's competitiveness will in future rest on being 'a global city and a meeting point in Asia for enterprise, talent, cultures and ideas'.

The idea is make each piece of land work harder and examine how land use should be reconfigured to support the new economic strategies for the country.

For example, more incentives and grants could be given to encourage the private sector to pilot innovative plant layouts for key manufacturing sectors to minimise the use of land, she said.

'We will also have to progressively step up the rejuvenation of mature industrial estates and at the more macro level... recycle land to support new economic activities,' she added.

Another look may also be taken at industrial spaces which one cannot imagine could be used for other purposes.

Lorong Halus, for example, used to be just a dumping ground for rubbish, but is now home to wildlife.

'So we would try not to imagine Tuas as it is now, but rather a place where we could find a congregation of not just economic (or) industrial activities but hopefully residential and recreational as well - a much more pleasant place and a place for the birds as well!' Ms Fu quipped.

'We are limited in terms of land but I think we are not limited in terms of imagination and creativity.'

Commenting on the plans for Tanjong Pagar, Mr Steven Choo, chief executive of the Real Estate Developers' Association of Singapore, said they will add a new dimension to land-scarce Singapore.

However, he also noted that this is a long-term vision which will not have much impact on the current market over the next few years.

'But eventually I'm sure it will open up more options, more quality living, offices, accommodation, and more variety to our urban landscape,' he said.

Singapore Institute of Architects president Ashvinkumar Kantilal said the plans were 'very pragmatic, typical of the Singapore approach'.

The location already boasts Sentosa, residential estates, and a shopping and office hub, and will present a great planning opportunity 'when the time comes', he added.

jlrx
02-02-10, 11:37
anyway i dont like FEO and i will never buy their projects. I will definitely avoid giving them credit for anything but they are too big to be ignored. Their land bank in singapore is just too huge to ignore.
they have many many unsold units in many projects .. thru the years ...

you can call up FEO rental .. and see what OLD (really old) projects that they still holding and putting out for rent ..

That's why they are the "Godfather of Propertism".

Do you think they are the wiser one, or the developer of Pin Tjoe Park (1984) who sold away all their units at recession price of 1985?


Pin Tjoe Park Prologue

Lesson in Propertism: Why properties should only be bought. Not sold.

The total cost to developer was $27 million.

http://i305.photobucket.com/albums/nn211/jlrx_bucket/PinTjoeDeveloper19821227.jpg

Total sales (excluding two penthouses) was 32 x $900,000 per unit (average) = $28.8 million. Barely covered costs. The developer retained the two penthouses for itself (luckily for the developer).

http://i305.photobucket.com/albums/nn211/jlrx_bucket/PinTjoeSale19841109.jpg

Assuming the developers had kept the two penthouses till en bloc, the two penthouses (2 x $11 million = $22 million) represented all the profit for the developer. :scared-5:

On the other hand, if the developer had not sold the 32 units but kept them for itself (as investment properties for rental income), it would have collected the entire $201 million from the en bloc. :scared-4:

Business Times 22 Sep 2006
Pontiac Land Group buys Pin Tjoe Court for $201m
(SINGAPORE) The existing Pin Tjoe Court comprises 32 apartments and two penthouses. The apartment owners will receive $5.5 million per unit and the penthouse owners $11 million per unit. These sums are about 75 per cent more than the units could fetch had they been sold individually.

Sea
02-02-10, 12:52
Updates:

Granting of Option for Altez could

be before Showlflat Basis Soon!!!

Be A part of this exciting New Development

in Tanjong Pagar!!

Booking of Choice units start now!

Cheque Collection Starts now!!

Sms at 90686016 for more details!!!

Reporter
02-02-10, 13:13
Annex A
Summary of ESC Key Recommendations

Goal
High-skilled people, innovative economy, distinctive global city
..........
..........

ESC Key Recommendations
We must achieve higher productivity growth of 2 to 3 percent per year, enabling our GDP to grow on average by 3 to 5 percent per year over the next decade.

Increased productivity is not achieved merely through increased efficiency, but restructuring our economy to provide more room for rapidly growing and innovative enterprises.

7 Key Strategies
..........
..........

6. Enhance Land Productivity to Secure Future Growth
a. Plan ahead for a new, vibrant waterfront city, size comparable to Marina Bay by rejuvenating existing port land at Tanjong Pagar, after the expiry of the port lease in 2027.
b. To study, under the Concept Plan 2011, the feasibility of a consolidated port at Tuas in the long term. If feasible, it will increase port efficiency by allowing the port to achieve greater economies of scale in terms of land and operations, and free up existing port land to support new economic activities in the future.
c. Increase land productivity and inject greater land use flexibility intensify land use to support new and higher value activities; progressively rejuvenate of mature industrial estates; and adopt greater flexibility in land zoning.
d. Enhance diversity of business locations to support a range of enterprise needs - introduce new locations for headquarter functions and new industries in Jurong Lake District and Kallang Riverside Precinct respectively.
e. Invest ahead to create new underground spaces develop an underground master plan, and create basement spaces in conjunction with new underground infrastructural projects, especially around our transport nodes.

..........
..........

Reporter
03-02-10, 18:44
Any agent or forumer care to update us?

What is the starting psf? $1,800 psf?
What is the average psf? $2,200 psf?

Sea
04-02-10, 14:18
Updates:

Altez facts and floor plans are ready now!

Price est 1700-1800 Psf onwards..

Interested buyers, kindly sms at 90686016

to register for a private presentation.

Thanks

Sea
09-02-10, 12:34
Latest Updates:

Granting of Option for Altez starts tomorrow!!!

Hurry! For Best choice units...

Revert at 90686016 today for a private

presentation and booking via cheque.

Allthepies
09-02-10, 12:53
seriously is it worth investing in this area at $1700-1800psf?

Sea
09-02-10, 12:57
Latest updates:

10 -14 th floors fully Booked!

Bookings open now while awaiting

for high floors to be release..

Sms at 90686016 for appt!

mcmlxxvi
10-02-10, 15:10
10 units per floor. So exclusive like hotel.

Regulators
10-02-10, 15:23
10 units per floor u call exclusive? I know hdb with only 1 or 2 units per floor :doh:


10 units per floor. So exclusive like hotel.

mcmlxxvi
10-02-10, 20:32
10 units per floor u call exclusive? I know hdb with only 1 or 2 units per floor :doh:

Wa lau sarcasm you also dunno how to read. 'Exclusive LIKE HOTEL'... how exclusive is that haha.

Regulators
10-02-10, 22:44
didnt see your inverted commas mah...("exclusive")


Wa lau sarcasm you also dunno how to read. 'Exclusive LIKE HOTEL'... how exclusive is that haha.

Sea
11-02-10, 12:39
Altez updates:

left 18th-19th for 1 bedrooms!!!

2 bedrooms open for booking now!

Sms at 90686016 for appt and bookings now!

Reporter
11-02-10, 18:59
nope... i just came back from their sales office and had a long talk with their GM...

all the 1 bedders are all gone...

launching the 2 bedders starting on the 20th floor to the 22nd floor...

price starting from $2,150psf
Wow!
Is ALTEZ this hot?

Condorich
12-02-10, 09:32
Wow!
Is ALTEZ this hot?

Should be hot to ICON or ex ICON owners... strong interest to support it or to go in for another kill. Anyway sometimes what you hear is not the real truth and what you see may not be the real thing... beware and be aware

sleek
12-02-10, 09:35
Fully booked doesn't necessary mean fully sold right? :rolleyes:


Latest updates:

10 -14 th floors fully Booked!

Bookings open now while awaiting

for high floors to be release..

Sms at 90686016 for appt!

bargain hunter
12-02-10, 09:42
Yes! Its this hot! My friend who bought 2 units confirmed that all 92 one bedders have been sold. 10th (lowest floor in the whole project) to 19th floor all one bedders. There are no 1 bedders above 19th floor,only 1 bedroom lofts at much higher floors.




Wow!
Is ALTEZ this hot?

proud owner
12-02-10, 09:51
Yes! Its this hot! My friend who bought 2 units confirmed that all 92 one bedders have been sold. 10th (lowest floor in the whole project) to 19th floor all one bedders. There are no 1 bedders above 19th floor,only 1 bedroom lofts at much higher floors.

is this 99 yr lh ?

sleek
12-02-10, 09:57
is this 99 yr lh ?

Project info:
Project name : ALTEZ- The Universal City
Size :3036.2sqm
Address : enggor Street
Developer : FEO
Type: Lease hold
TOP : Unknown
Units : 280 units
Car park : 297

Reporter
12-02-10, 14:42
Should be hot to ICON or ex ICON owners... strong interest to support it or to go in for another kill. Anyway sometimes what you hear is not the real truth and what you see may not be the real thing... beware and be aware
So what is the real thing/truth?

Yes! Its this hot! My friend who bought 2 units confirmed that all 92 one bedders have been sold. 10th (lowest floor in the whole project) to 19th floor all one bedders. There are no 1 bedders above 19th floor,only 1 bedroom lofts at much higher floors.
Wah! Your friend is hotter than the Gold members in RWS casino now.

bargain hunter
12-02-10, 14:55
he said his agent told him all 10 units on the 17th floor was bought by 1 single buyer (not sure how true). Now, that's hotter than the gold members.

truth is, they are now selling 2 bedders from 20th floor onwards before closing for CNY break.


So what is the real thing/truth?

Wah! Your friend is hotter than the Gold members in RWS casino now.

Sea
13-02-10, 09:58
ALtez Updates:

Levels 10 to 19 fully sold. Now open for preview sales - 2-bedroom apartments starting from the 21st storey

Sms At 90686016 for more details!

Wishing All a Happy and Prosperous Chinese

New Year

in the year of Tiger 2010:)

Condorich
13-02-10, 18:53
beware of the tiger... :)

Reporter
14-02-10, 10:00
beware of the tiger... :)
Beware of the tiger cos' the year of the tiger is good for property market?
That's good, isn't it?


"The property market for Tiger Year 2010 will be vibrant and active. As the economy starts to pick up and stabilise, buyers and investors will again flock to showrooms to sniff out good deals. There could be some amendments to the regulations in the property sector to cool down the sizzling hot industry.

Changes to the regulations will lead to buyers taking a step back to rethink their investment plan. Activities will again heat up in the 3rd quarter of Year 2010. Overall, the property market will improve in Tiger Year 2010 and is very much alive and kicking. The chances of property prices coming down are slim."

mcmlxxvi
14-02-10, 11:18
What an inventive condo name that finally even confuses the marketing people themselves into mis-spelling Altitude.

http://www3.nationproperty.com.sg/npp2/adv/altezNP.jpg

jlrx
16-02-10, 22:25
beware of the tiger... :)
Beware of the tiger cos' the year of the tiger is good for property market?
That's good, isn't it?


"The property market for Tiger Year 2010 will be vibrant and active. As the economy starts to pick up and stabilise, buyers and investors will again flock to showrooms to sniff out good deals. There could be some amendments to the regulations in the property sector to cool down the sizzling hot industry.

Changes to the regulations will lead to buyers taking a step back to rethink their investment plan. Activities will again heat up in the 3rd quarter of Year 2010. Overall, the property market will improve in Tiger Year 2010 and is very much alive and kicking. The chances of property prices coming down are slim."

Which of the following Tiger years is not good for buying properties? :confused:

http://www4.wittenberg.edu/news/athletics/graphics/tiger50.jpgTiger Year 1950 - Would you like a 27,986 sq ft bungalow at Orange Grove Road for $45,000 (or $1.60 psf)? :scared-4:


http://i305.photobucket.com/albums/nn211/jlrx_bucket/OrangeGroveBungalowTigerYear1950021.jpg

http://www.animaljr.com/wp-content/uploads/2009/07/tiger-coloring-pages-64.jpgTiger Year 1962 - Would you like a terrace house at Serangoon Gardens for $20,000 apiece (or $10 psf) from the maiden project of non other than Mr. Ng himself? :scared-4:

The Straits Times - 3 Feb 2010

By 1962, he (Mr. Ng Teng Fong) had saved enough money to develop a small housing estate behind Serangoon Gardens - 72 single-storey terrace houses which he sold at $20,000 apiece. :scared-4:

http://www.foxnews.com/images/380623/0_42_tiger_woods_50.jpgTiger Year 1974 - Would you like a 3,000 sq ft Beverly Mai Mansionette at Orchard Road for $235,000 (or $78 psf) which later enbloced to HPL in 2007 for $4.4 million each? :scared-4:

http://i305.photobucket.com/albums/nn211/jlrx_bucket/BeverlyMai19740726.jpg

http://planetsmilies.net/kaos-animal-tiger-smiley-6228.gifTiger Year 1986 - Would you like a 3,600 sq ft Semi-Detached at Seletar Hills for $328,000 (or $91 psf)? :scared-4:

http://i305.photobucket.com/albums/nn211/jlrx_bucket/SeletarHillsTigerYear19860930.jpg

http://www.toolbaruniverse.com/images/emoticons/tiger_roar.gifTiger Year 1998 - Would you like a 1797.59 sq ft Ardmore Point apartment for $1,050,000 (or $584 psf)? :scared-4:


http://i305.photobucket.com/albums/nn211/jlrx_bucket/ArdmorePointSale19981015.jpg

Can you imagine how much you will be worth today if you had bought each of these five "Tiger Year" properties above, and held them till today, starting with the $45,000 for a 27,986 sq ft bungalow at Orange Grove Road?

Propertism Rule No. 1 - Properties should only be bought. Not sold.

Property prices will always go up in the long term simply because paper money will eventually lose all its value.

The modern banking process manufactures currency out of nothing..
- Lord Josiah Stamp, Former Director of the Bank of England (1937)

At the end fiat money returns to its inner valuezero.
- Voltaire (21 November 1694 30 May 1778)

Condorich
17-02-10, 08:33
oh... okay... let's welcome the tiger :D

Reporter
17-02-10, 10:55
http://bhtest.asia1.com.sg/mnt/static/image/images/topMasthead_small.gif
100 units sold at latest Far East project Altez
Uma Shankari
The Business Times
Wednesday, 17 February 2010

Far East Organization said yesterday it has sold 100 units in its latest residential project, the 280-unit Altez in Enggor Street.

The developer said that during a preview for priority customers last week, 100 of the 104 units released were sold. Prices ranged from $1,600 psf to $2,000 psf.

The units sold comprised 1- and 2-bedroom apartments from levels 10 to 22 of the 62-storey development.

Far East said that Altez, at 250 metres high, will be Singapores tallest residential development. It is next to Tanjong Pagar MRT station.

About 60% of the buyers at Altez are foreigners, said Chia Boon Kuah, Far Easts chief operating officer for property sales.

The robust response to Altez demonstrates demand for well-conceived products of value in an excellent location in the city centre, Mr Chia said.

With the wide array of amenities and F&B outlets in this area, an MRT station at its doorstep, the upcoming New Downtown nearby and the possible future transformation of Tanjong Pagar into a waterfront city, buyers of Altez are assured of the positive prospects of this area.

Far East will release more 2-bedroom apartments tomorrow. Market watchers say these are expected to be priced higher on a psf basis than those sold already.

Among other amenities, Altez offers 5 floors of sky gardens and another 2 storeys of facilities.

Sea
18-02-10, 01:25
ALtez Updates:

Levels 10 to 19 fully sold. Now open for preview sales - 2-bedroom apartments starting from the 21st storey

Sms At 90686016 for more details!

mr funny
18-02-10, 18:18
http://www.businesstimes.com.sg/sub/companies/story/0,4574,372758-1266436740,00.html?

Published February 17, 2010

100 units sold at latest Far East project Altez

By UMA SHANKARI


FAR East Organization said yesterday it has sold 100 units in its latest residential project, the 280-unit Altez in Enggor Street.

The developer said that during a preview for priority customers last week, 100 of the 104 units released were sold. Prices ranged from $1,600 to $2,000 per sq ft (psf).

The units sold comprised one and two-bedroom apartments from levels 10 to 22 of the 62-storey development.

Far East said that Altez, at 250 metres high, will be Singapore's tallest residential development. It is next to Tanjong Pagar MRT station.

About 60 per cent of the buyers at Altez are foreigners, said Chia Boon Kuah, Far East's chief operating officer for property sales.

'The robust response to Altez demonstrates demand for well-conceived products of value in an excellent location in the city centre,' Mr Chia said.

'With the wide array of amenities and F&B outlets in this area, an MRT station at its doorstep, the upcoming New Downtown nearby and the possible future transformation of Tanjong Pagar into a waterfront city, buyers of Altez are assured of the positive prospects of this area.'

Far East will release more two-bedroom apartments tomorrow. Market watchers say these are expected to be priced higher on a psf basis than those sold already.

Among other amenities, Altez offers five floors of sky gardens and another two storeys of facilities.

Sea
19-02-10, 16:44
Updates:

ALTEZ offical Launch This coming Sat/ 20 Feb!

Up to 25th Floor for sale

2bedroom and 1 bedroom Loft to be release for

sale.! (Subject to Changes)
For viewing of Showflat

Sms at 90686016 for appt!

Sea
20-02-10, 23:28
Updates:

Due to overwhelming response,

1 bedroom loft will soon be release on Sunday 21 Feb

Around 2200-2300 Psf...30th Floor onwards

For 2 bedroom, 11 units Left.

Early bird discount still applies..

Sms at 90686016 for viewing of showflat and Booking

Reporter
21-02-10, 11:15
http://sg.yimg.com/i/sg/providers/cnalogo4.gif
Home buyers still flock to showrooms despite new property measures
Joanne Chan and Lynda Hong
Channel NewsAsia
Saturday, 20 February 2010, 2005 hrs

http://www.channelnewsasia.com/imagegallery/store/phpfHA4C2.jpg
Visitors at Altez showroom

New measures kicked in on Saturday to curb speculation in the property market.

A Seller's Stamp Duty will be imposed on all residential properties bought on Saturday and sold within one year, while housing loans from financial institutions will be capped at 80% of property value.

Are they taking the buzz out of the property market? Not yet - at least nt for those who are byng for the long-term.

It was business as usual at one property showroom on Saturday, as a steady stream of visitors checked out the units available.

Sls of units at the Altez condominium - located just opposite Tanjong Pagar MRT station - are mvng fst.

One woman in her 30s snapped up 4 units - 2 to stay in and 2 to rent out.

The condominium's developer said they could still sll an ntr flr of units within n hr.

Some home buyers said the reduction in the home loan limit did not make much of a difference.

Home buyer Raphael Tan said: "The banks have been very strict, anyway. So I think we will still be on track for our financing."

And those who are byng for the long-term are nt wrrd about the new Seller's Stamp Duty.

Doris Chia, another home buyer, said: "Although it's quite pricey now, I think this is a good location and for long-term investment."

Analysts expect developers to launch more high-end properties in the first half of this year.

These properties typically sell at S$2,000 psf and attract buyers and investors who are less price-sensitive.

Donald Han, managing director of Cushman and Wakefield, said: "A lot of the hgh-nd investors are typically not bound by any limitation. They don't go for maximum loan-to-value ratio. In some cases, they just go for 40% to 50% of loan-to-value ratio. In some cases, they even buy on a csh basis."

Analysts said the mood to buy wn't change much as the measures are meant to flsh t spcltrs, who make up a small percentage of the market.

Meanwhile, Senior Minister of State for National Development Grace Fu said that now is the time to introduce measures to control the private property market.

She said the authorities have been studying the property market closely and that it is best to introduce the measures before the property bubble forms.

"We would think that it may deter speculative buying and we want our investors to basically be on the more solid ground when they invest in properties. It should not deter genuine buyers who have the financial resources to hold the property."

Reporter
21-02-10, 11:56
http://www.sph.com.sg/images/logo_lhzbs.png
降温措施刚推出 新公寓仍出现人潮
吴慧敏 + 蔡慧玲
早报星期天
星期天, 21-2-2010

http://news.omy.sg/OMYMEDIA/image/News/LocalNews/201002/20100221_chenxi_condo_img_main.jpg
Altez的示范单位昨天吸引了700多人前往参观,据说一天内卖出了大约10个单位,反应比前天预售时稍微好些。

政府再为楼市降温,但是一些示范单位还是出现相当热闹的人潮。例如昨天第一天正式推出的丹戎巴葛摩天共管公寓Altez,就吸引了700多人前往参观。

消息透露,远东机构在昨天卖出大约10个Altez单位,反应比前天预售时稍微好些。据了解,其中5个单位(5 units)是由一名中年生意人(middle age businessman),以1000万($10 million)元扫下的(snapped up)。

至于高文地铁站附近的DPavilion,记者在下午参观示范单位时,也不时有潜在买家走进来,现场大约有十多组买家。不过,一些已经推出较久、剩下单位不多的示范单位依旧门可罗雀,人潮跟上几个周末并没有明显差别。

对于政府最新宣布的房地产降温措施,昨天受访的公众反应不一。

陈忠财(39岁,汽车贸易业)刚刚与太太,以158万元($1.58 million)买下了一间Altez的两卧房单位(2-bedder)。他们看好丹戎巴葛一带的重新发展潜能,所以已做好心理准备,要持守五至十年(holding for 5 to 10 years)。在房贷方面,由于两人同时拥有好几个房地产,银行本来就不愿意借贷房价的超过80%,因此新条例对他们没作用。

我们也不想借这么多,这样比较安全,因为一旦经济受到震荡,借贷较少的话,比较容易应付。我们卖掉其中一间,还可以应付其他的房贷。

来自上海(Shanghai, China)的郑小姐,也称新措施对她没有影响。她刚刚以100余万元(around $1 million)买下一间Altez一卧房式单位(1-bedder)。她透露,在新加坡买过四间房子(bought 4),至今只卖过一间(sold 1),持守期介于五年至八年(holding period of 5 to 8 years)。她预备向银行贷款70%左右。

参观者中也不乏只是来探温的人。

45岁的梁先生(工程师)和太太说:我们就是一直在等政府出手 ..... 我们已经看了很久的房子,但是价钱不断升高,起得太离谱了,今天看到新闻,政府果然出手了,所以就来看看。

据了解,发展商也没有因为前天的降温措施而仓促降价。Altez反而取消了预售时的优惠折扣(cancelled discount after government measures)。

远东机构发言人说,Altez的成交价还是维持在每平方英尺1600元至2000元。

这个62层楼高的摩天共管公寓,共有280个单位,至今已推出了140个单位(介于10楼至27楼),其中129个单位已经找到了买家。

28岁的张先生(律师)昨天和友人一起到Altez参观,他们同样空手离开示范单位。房子很漂亮,但是价格太高了,我负担不起。

他希望政府在星期一的预算案中,将单身人士组屋拥屋年龄限制降低至30岁,否则他还是只能买私人房屋。由于他是买房自住,所以新措施对他没有影响。

Blue
21-02-10, 13:13
they are trying to set the benchmark for all condo properties in singapore, think everyone can see it. They are forward pricing their properties for every area they have a project and setting the trend for other developers to follow. Very soon it will be very hard to find new condos below 1k psf everywhere in singapore.

The high tide will flow over to areas of lower tide. I foresee that ( all private properties in Singapore selling above S$1K psf) to come soon by end of this Tiger year.

Go Tiger go!!!

Reporter
21-02-10, 22:29
It is a good thing that the government move in to kick out the speculators. So property will not be overpriced or way above its fundamental.

All buyers actually benefit from this scheme because if the sales remain strong as it shows in Altez, this prove that there is more genuine demands than speculators. Prices move up regardless of the policies in place if there are genuine demands.

If the market turns quiet suddenly, that means there are more speculators than genuine buyers and this shows the market is moving beyond its fundamental - rental. But Altez has shown people really want to buy and hold, not to flip despite selling at 2150psf for the lousiest unit. Now I heard is 2300 psf onwards so there is real demand, not speculative demand.
Wow! Altez hit $2,300 psf in the afternoon?

Reporter
25-02-10, 14:35
http://lhzbftp.allyes.com/images/211412/zaobao1.jpg

Sea
25-02-10, 15:19
Updates:

ALTEZ / 2 Bedrooms Fully Sold!!!

Left 1 bedrooms Lofts unit for sale now

Sms at 90686016 for more details!

Reporter
08-03-10, 18:52
FYI, all units in altez below 30F is fully sold...Now selling 1bedrm loft from 30F priced at 2200psf++ and it seems ppl still biting...

No wonder 76 shenton may take this opportunity to launch from at least 2kpsf++
An update.

Reporter
15-03-10, 23:21
Wow!
Altez hgh of $2,397 psf is definitely a good start!

Why not $2,400 psf? It's only $3 psf away right?


Private Residential Units Sold in the Month of February 2010
Project Name . Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
Altez .............. CCR ....... 150 ....................... 150 ........................ 2,397 ........... 1,817 ........... 1,600

Sea
19-03-10, 12:01
ALtez/30th Flr 1 Br Loft now

open for Sale~~

Sms at 90686016 for appt now~~

saab
19-03-10, 12:16
ALtez/30th Flr 1 Br Loft now

open for Sale~~

Sms at 90686016 for appt now~~

I thought open for 2 weeks plus liao? Have checked the showroom. Out of 30 available 1 Br Loft from 30th floor onwards......Already 16 units sold as of yesterday evening. Now only 32nd floor 1 Br Loft available right? $2300psf...and FEO not releasing anymore was told by the FEO sales.:cool:

Sea
19-03-10, 12:26
I thought open for 2 weeks plus liao? Have checked the showroom. Out of 30 available 1 Br Loft from 30th floor onwards......Already 16 units sold as of yesterday evening. Now only 32nd floor 1 Br Loft available right? $2300psf...and FEO not releasing anymore was told by the FEO sales.:cool:

There are still avilable units/New Open units..

Thanks

bargain hunter
19-03-10, 12:29
i think the sales also sort of stalled there. 1 Br Loft still not so popular in sg as compared to pure 1 bedrooms. :) did they say the 1Br loft sq ft includes the airspace above the lower floor? some people think like that very lugi so prefer pure 1 bedrooms.




I thought open for 2 weeks plus liao? Have checked the showroom. Out of 30 available 1 Br Loft from 30th floor onwards......Already 16 units sold as of yesterday evening. Now only 32nd floor 1 Br Loft available right? $2300psf...and FEO not releasing anymore was told by the FEO sales.:cool:

saab
19-03-10, 12:35
i think the sales also sort of stalled there. 1 Br Loft still not so popular in sg as compared to pure 1 bedrooms. :) did they say the 1Br loft sq ft includes the airspace above the lower floor? some people think like that very lugi so prefer pure 1 bedrooms.

Their 1 bdroom loft very cute one.... 1st floor living / dining then got staircase go up to 2nd floor bedroom.....so aka like a mini penthouse like that....so no wastage of airspace...really interesting and sellable that's why FEO can sell so many loft units at that kind of psf price..... I guess the sales are going slow because really 2300psf at that area is really a psychological hurdle.....was told by sales that FEO will release higher lofts (balance all the way to 60th floor all loft liao...) at 2400 psf once they clear these last 14 units...;)

saab
19-03-10, 12:38
Their 1 bdroom loft very cute one.... 1st floor living / dining then got staircase go up to 2nd floor bedroom.....so aka like a mini penthouse like that....so no wastage of airspace...really interesting and sellable that's why FEO can sell so many loft units at that kind of psf price..... I guess the sales are going slow because really 2300psf at that area is really a psychological hurdle.....was told by sales that FEO will release higher lofts (balance all the way to 60th floor all loft liao...) at 2400 psf once they clear these last 14 units...;)

Haha....now we know why in today's straits times reporting that people are rushing to give cheques for cdl's 76 shenton ways from just below $1700psf to $2500 psf at 35th storey.....machiam cdl use feo's hot sales to peg slightly behind to move their units (though further from mrt but got sea views...) developers really smart....see what you do...then i "snook" from the side.

august
19-03-10, 12:46
Their 1 bdroom loft very cute one.... 1st floor living / dining then got staircase go up to 2nd floor bedroom.....so aka like a mini penthouse like that....so no wastage of airspace...really interesting and sellable that's why FEO can sell so many loft units at that kind of psf price..... I guess the sales are going slow because really 2300psf at that area is really a psychological hurdle.....was told by sales that FEO will release higher lofts (balance all the way to 60th floor all loft liao...) at 2400 psf once they clear these last 14 units...;)

saw the showflat.. ya not much wasted void space, but at 2300psf 30 or 32 flr blocked in all directions with no view is indeed expensive. But typical of FEO who is not in any hurry to release new units at higher flrs (with even higher psf prgressively) until the current released ones r sold.

bargain hunter
19-03-10, 12:47
so 2nd floor completely equal in size as 1st floor? that would be efficient. what's the total floor area given the 2300psf price tag then? quantum must be quite big for what is still considered a 1 bedder.

i think FEO will slowly release from here on, as the quantum gets larger as both psf and sq ft (larger units are on higher floors right?) increase at the same time as we go higher up. :)



Their 1 bdroom loft very cute one.... 1st floor living / dining then got staircase go up to 2nd floor bedroom.....so aka like a mini penthouse like that....so no wastage of airspace...really interesting and sellable that's why FEO can sell so many loft units at that kind of psf price..... I guess the sales are going slow because really 2300psf at that area is really a psychological hurdle.....was told by sales that FEO will release higher lofts (balance all the way to 60th floor all loft liao...) at 2400 psf once they clear these last 14 units...;)

bargain hunter
19-03-10, 12:53
not exactly "snook". they juz help each other, afterall, FEO has already sold the bulk of the easy to sell units. so time for CDL to come in before FEO gets its second leg up with its lofts, after CDL successfully sells some units at 2500psf, then the 2400 at FEO becomes cheap. ;)



Haha....now we know why in today's straits times reporting that people are rushing to give cheques for cdl's 76 shenton ways from just below $1700psf to $2500 psf at 35th storey.....machiam cdl use feo's hot sales to peg slightly behind to move their units (though further from mrt but got sea views...) developers really smart....see what you do...then i "snook" from the side.

august
19-03-10, 12:56
so 2nd floor completely equal in size as 1st floor? that would be efficient. what's the total floor area given the 2300psf price tag then? quantum must be quite big for what is still considered a 1 bedder.

i think FEO will slowly release from here on, as the quantum gets larger as both psf and sq ft (larger units are on higher floors right?) increase at the same time as we go higher up. :)

quantum 1.6 to 1.7m

saab
19-03-10, 13:03
so 2nd floor completely equal in size as 1st floor? that would be efficient. what's the total floor area given the 2300psf price tag then? quantum must be quite big for what is still considered a 1 bedder.

i think FEO will slowly release from here on, as the quantum gets larger as both psf and sq ft (larger units are on higher floors right?) increase at the same time as we go higher up. :)

Can't really remember the size 'cos threw the brochure away liao...but you are right...1st floor and 2nd floor have approximately same floor area.....quantum wise > 2mil. floor area forgotten liao

bargain hunter
19-03-10, 13:06
wah, how come ur number is 1.6 to 1.7m and saab's is >2m? hee...

even then, the gap is a bit large even at 1.6m vs the just over 1m that my friend paid for his two 1 bedrooms below #20. even though not exactly comparable, a 1 bedroom loft is afterall still a 1 bedroom. LOL...


quantum 1.6 to 1.7m

august
19-03-10, 13:11
the brochure does not reveal the unit size ;) .. selling tactic, FEO wants u to feel the show flat, feel the "worth" lol

agent will quote a price.. from there based on 2200psf for 30th flr u work out the size lor

32 flr is around 2300 psf... even then diff stacks on same level are priced differently due to facing, although to me all are blocked views.


wah, how come ur number is 1.6 to 1.7m and saab's is >2m? hee...

even then, the gap is a bit large even at 1.6m vs the just over 1m that my friend paid for his two 1 bedrooms below #20. even though not exactly comparable, a 1 bedroom loft is afterall still a 1 bedroom. LOL...

saab
19-03-10, 16:35
the brochure does not reveal the unit size ;) .. selling tactic, FEO wants u to feel the show flat, feel the "worth" lol

agent will quote a price.. from there based on 2200psf for 30th flr u work out the size lor

32 flr is around 2300 psf... even then diff stacks on same level are priced differently due to facing, although to me all are blocked views.

Let me explain; else say i talking up market liao......

1 Bedroom loft #30 to #33; unit sizes range from 805 sqft to 896 sqft.

so how the loft works; basically 1st floor of loft 805/2 sqft lah...2nd floor of loft also 805/2 sqft lah if base on smallest unit available.

So technically is 805 sqft divided into 2 floors of about 402.5 sqft / floor.

Okay if $2300 psf then quantum = $1.8million

Then for bigger size of 1 bdroom loft at 896 sqft;

then $2300 x 896 = $2.06million...

So both August and Saab are correct, depending on what size 805 - 896 sqft, the quantum is different.......

bargain hunter
20-03-10, 02:16
no leh, august is 1.6 to 1.7, i guess that he used 7xx sq ft since he said far east did not give him the exact sq ft. far east gave u the exact 805 to 896sq ft?


Let me explain; else say i talking up market liao......

1 Bedroom loft #30 to #33; unit sizes range from 805 sqft to 896 sqft.

so how the loft works; basically 1st floor of loft 805/2 sqft lah...2nd floor of loft also 805/2 sqft lah if base on smallest unit available.

So technically is 805 sqft divided into 2 floors of about 402.5 sqft / floor.

Okay if $2300 psf then quantum = $1.8million

Then for bigger size of 1 bdroom loft at 896 sqft;

then $2300 x 896 = $2.06million...

So both August and Saab are correct, depending on what size 805 - 896 sqft, the quantum is different.......

kEN9170
20-03-10, 09:56
A new showflat is coming up next to Altez showflat. Anyone know which project is this?

bargain hunter
21-03-10, 14:46
its probably the one by allgreen (land bought in 2007 in a seperate bid from altez). not sure what it will be named though.


A new showflat is coming up next to Altez showflat. Anyone know which project is this?

saab
23-03-10, 00:33
its probably the one by allgreen (land bought in 2007 in a seperate bid from altez). not sure what it will be named though.

Anyway, was told a unit on #24 floor (2 bedroom) has been re-released, probably buyer backed out and bought a loft 1 bdrm instead....don't know how true.

This 2 bedroom unit on #24 is 1012 sqft and asking $2.15mil from FEO....$2150psf:scared-1: cheap...cheap....partial sea / city view..... Interesting to note this week how CDL will be pricing their #24 at 76 shenton way:scared-5:

Sea
06-04-10, 15:58
Altez/20 floor!

Sea facing unit!!

2 bedroom!!

Sms at 90686016 for more details!

Reporter
15-04-10, 18:55
Private Residential Units Sold in the Month of March 2010
Project Name . Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
Altez .............. CCR ....... 160 ....................... 13 .......................... 2,393 ........... 2,185 ........... 2,029

Reporter
17-05-10, 16:14
Altez in District 2 has a nw hgh of $2,446 psf!


Private Residential Units Sold in the Month of April 2010
Project Name . Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
Altez .............. CCR ....... 168 ....................... 11 .......................... 2,446 ........... 2,267 ........... 1,972

dtrax
14-10-12, 15:52
From SSC:

http://i630.photobucket.com/albums/uu22/don_diego_2000/IMG_2106.jpg

dtrax
18-09-13, 16:53
TOP riaox.. in my hands
https://fbcdn-sphotos-g-a.akamaihd.net/hphotos-ak-prn2/1234316_579561678771229_1504244191_n.jpg

https://fbcdn-sphotos-d-a.akamaihd.net/hphotos-ak-ash3/602902_579561825437881_2034513942_n.jpg

https://fbcdn-sphotos-a-a.akamaihd.net/hphotos-ak-frc3/p480x480/1234970_10151673541907671_1980005081_n.jpg

View at Top floor: http://www.fareast.com.sg/images/feo/virtual-tours/altez/altezvicinity/altezvicinity/tour.html

View at level 44: http://www.fareast.com.sg/edm/vt/altez/loft44-02/index.html

mygeemeel
18-09-13, 17:44
I don't see intercom near your door. Isn't it part of S&P? Many condos have it. Maybe FEO left it out?

Singleton
18-09-13, 22:53
View at Top floor: http://www.fareast.com.sg/images/feo/virtual-tours/altez/altezvicinity/altezvicinity/tour.html

View at level 44: http://www.fareast.com.sg/edm/vt/altez/loft44-02/index.html[/QUOTE]


Nice photos & videos.

Has it really TOP and ready for viewing?

Looks like there is another similar Tower next to it, is it skysuites
Which one is better?