Agents normally quoted what was told to them. Greed got into developer's head when they collected 700+ cheques. 140 units sold out of 700+ cheques collected was not something to be proud of.Quote:
Originally Posted by propertybuyer073
Printable View
Agents normally quoted what was told to them. Greed got into developer's head when they collected 700+ cheques. 140 units sold out of 700+ cheques collected was not something to be proud of.Quote:
Originally Posted by propertybuyer073
1.1 mil for 96sqm unit ... thats abt 1000 psf.
can get older FH in other districts at 995 psf
Kingsford Waterbay Site Plan, Floor Plans here :
http://newlaunch-sgcondo.com/kingsford-waterbay/
Thanks
John Oon era
Any sales over the weekend?
The balcony is big and the rooms are small...very cramp indeed. I think the MBR can only fit in Queen size bed only.
Wonder if people sleep in balcony or bedroom these days lol The size of balcony in recent new developments are amusingly big! Lower cost for developers still....Quote:
Originally Posted by Strata
Looks like the price has dropped , looking at the ad in property guru.
On the contrary, i monitored three similar launches in the last year, prices for all three went up. Namely botanique, kf waterbay and sims urban oasis.Quote:
Originally Posted by princess_morbucks
Botanique sold the most, sims urban prices went up quite fast. (developer bullish despite having sold <40%)
Projects that dropped prices are the ones that launched in 2011/2012. Due to ABSD, developers highly motivated to clear. Trillinq and hillview peak mostly. We are looking at ~200k for the bigger units. Really painful for the early snappers.
Kingsford Waterbay Singapore is located in District 19 is a brand new 99 year leasehold condominium developed by Kingsford Development proudly located at Upper Serangoon View. This development has a vast plot area of about 293,806 sqft and 1165 units of apartment units, including six units of strata terrace, two units of strata semi-detached and 1157 apartment units. Kingsford Waterbay Condo will also have six retail shops as well as a child care center.
Facilities and conveniences aside, reliable schools are also a main point of interest for Kingsford Waterbay. With reputable schools like the CHIJ on one side (5 minutes drive), and also the Monfort Primary and Secondary School, now you are benefitting from the best of both worlds. The Kingsford Waterbay floor plans are uploaded for you to see how spacious each unit is. Visit Kingsford Waterbay Price to find out how attractive the price is. Have you viewed the beautiful Kingsford Waterbay showflat yet?
Why Kingsford Waterbay?
Lifestyle – Kingsford Waterbay Upper Serangoon View is meticulously designed and the 9 towers are placed in a way that most units will either enjoy either the peaceful River view or the vibrant pool view!
Amenities – Residents are pampered with 6 retail shops and 1 childcare center(approximately 500 sq m) within the development. Besides that, for dining and shopping needs, Kingsford Waterbay is surrounded by Hougang Mall, Kang Kar Mall, Rivervale Plaza, the future Midtown and Hougang Green all at your disposal.
Educational Institutes – Kingsford Waterbay is within close proximity to many good schools such as Montfort Junior School, Montfort Secondary School, Punggol Primary School, Holy Innocents’ Primary School, Vista Primary School, North Spring Primary School, Seng Kang Primary School, Palm View Primary School, Yio Chu Kang Primary School, Holy Innocents’ High School, Serangoon Secondary School, Seng Kang Secondary School and CHIJ Saint Joseph’s Convent.
Choose your own color scheme – Buyers can select either light or dark color bedroom wardrobe, 3 different living/dining room tiles and 2 tones of engineered timbre for the bedroom flooring.
Good Connectivity – Kingsford Waterbay location is just off Upper Serangoon Road which takes you all the way to downtown Bugis and Orchard area. Alternatively, dwellers can make use of the KPE or TPE to take them to the rest of our Island. Public transport commuters can take advantage of the numerous Bus services along Upper Serangoon Road and the Hougang MRT station which is only about 1.2km away.
how much have prices been cut for this project?
In February:
"The best-selling private projects were suburban condominiums The Panorama in Ang Mo Kio and Kingsford Waterbay in Upper Serangoon, both of which sold 18 units each."
oh well, "only" 817 out of 1165 units to go. 70% unsold.
any update? I'm thinking of getting a 1 bedroom here
hi WhitedashQuote:
Originally Posted by whitedash
1 Bedroom from $588,000 (#13 floor)
what other infor you need ? can PM/sms at 91529511
Hi,
FYI.
1 Bedroom from $588,000
2 Bedroom from $713,000
Info on attractive stacks and prices :
http://newlaunch-sgcondo.com/kingsford-waterbay/
Thanks :)
John Oon
I just went to the showroom a few days ago. The only advantage is the park connector. Apart from that:
1. Location jialat. Far from mrt station. In the brochure, it indicate 1.2km from Hougang MRT and 1.4km from Buangkok MRT. Please confirm the distance on google map. Theory and practical
2. Many master bedroom have AC ledge. Don't know who is the designer. Window face park connector and have big aircons to block your view. Wonder whether it is the kids/ parents who are paying for the condo.
3. Balcony is big. Not sure whether it is cheaper to build balcony nowadays
4. Rooms are tiny. Only left 1 tile space to walk around
5. The price is $1100-1200psf for normal units and penthouse cost $950-$1000psf.
For those who are interested, I suggest you hold on or negotiate harder to get a better price. If anyone here speak to their big boss or any business owner, 2017-2019 will be tough years for Singapore. I am shocked when they tell me price will continue to increase so buy quick. Buying a property is not like buying stocks. You cannot sell part of the portfolio by selling ur toilet. Once you commit, need to tong all the way. For 1 bedroom, there are still lots of buyer because of the low quantum and it is affordable despite the higher psf.
Overpriced development with unproven developer. Drop by their other project Hillview Peak to see the workmanship. It's enough to make you run away. Gathered many unhappy buyers there who may be planning to take legal action against developer.
as per my reply to you at the kingsford hillview thread: already heard of a story of an owner desperate to rent elsewhere for a few months while handing the unit back for multiple rectifications.Quote:
Originally Posted by Clare T
Some 470 units still unsold as of now...
it will start moving faster simply because the market is running out of mass market condos to sell in the short run hehehe.Quote:
Originally Posted by anythingwhatever
100 Palms sold out today, spill over to Kingsford? :)Quote:
Originally Posted by bargain hunter
Hi, I am an agent marketing Kingsford Waterbay.
1 & 5-Bedroom units are sold out. 2, 3, 4 Bedrooms are available.
More details can be found at here: www.kingsfordwaterbay.pro
There are pros and cons in every development.
Hope to have the opportunity to serve you at our showflat. Kindly contact me for appointment (Mon-Sun). We will also walk you through the actual site so you can see the construction process, and orientation of the units.
Thank you.
James Ng
Kingsford Waterbay Singapore
we saw that in the july numbers.Quote:
Originally Posted by anythingwhatever
and also agent bro has just updated another 20 units sold in august so far.
62 units sold in July, almost double than that of the previous month.Quote:
Originally Posted by bargain hunter
At the present rate, perhaps 40 units in total for August (unless dragged down by Hungry Ghost month).
62 units sold in July, almost double than that of the previous month.Quote:
Originally Posted by bargain hunter
At the present rate, perhaps 40 units in total for August (unless dragged down by Hungry Ghost month).
http://www.businesstimes.com.sg/comp...sford-waterbay
BCA orders developer to stop work on Kingsford Waterbay
KINGSFORD Development's condominium project in Upper Serangoon View has hit a snag, after the Singapore authorities issued an order to the developer to stop building works because of its failure to meet certain requirements.
Their hillview peak workmanship seems to be below average too.Quote:
Originally Posted by bargain hunter
BCA orders developer to stop work on Kingsford Waterbay
Tue, Feb 27, 2018
Lynette Khoo
KINGSFORD Development's condominium project in Upper Serangoon View has hit a snag, after the Singapore authorities issued an order to the developer to stop building works because of its failure to meet certain requirements.
When contacted, the Building and Construction Authority (BCA) confirmed that an order has been issued to the Chinese developer under the Building Control Act for its 1,165-unit project Kingsford Waterbay.
BCA said it had on Nov 22 last year received feedback on suspected construction safety issues at the project.
"BCA engineers carried out a site inspection and observed that some building works such as windows, barriers and common storey shelter had deviated from requirements under the Building Control Act and Regulations," a BCA spokesman told The Business Times.
"Given the deviations observed, BCA issued an Order on Dec 1, 2017 to the developer to stop building works."
Under the Order, qualified persons are required to verify compliance with the building works against the approved plans and the requirements set out in the Building Control Act and Regulations, and the developer has to carry out rectifications as required by the Commissioner of Building Control.
"The Order will only be withdrawn when all the necessary rectification works have been completed to the satisfaction of the Commissioner," BCA said.
Kingsford Development, which won its first residential site here in 2012, is owned by three Chinese nationals including its chairman Cui Zhengfeng, as well as Shenyang Kingsford Fulicheng House Development.
The main contractor for its development projects is Kingsford Construction, set up in 2012 with Mr Cui as the sole shareholder and director.
When contacted, the Mandarin-speaking Mr Cui maintained that there were no construction issues concerning Kingsford Waterbay and that his company is working to resolve the matter with BCA. He claimed the allegations were made by an unhappy sub-contractor.
The 1,165-unit project is being built on two amalgamated government land sale sites. Some 975 units were sold as at end-2017 at an average S$1,188 per square foot (psf). The project was slated to receive its temporary occupation permit by the end of this year.
Mr Cui said he had planned to complete the project half-a-year earlier than the deadline. But due to the Order from BCA, he now plans to complete the project on schedule.
This is not the first time the Kingsford group, hailing from the Chinese province of Shenyang, has drawn flak for lapses in its construction.
For its first residential project in Singapore, Kingsford Hillview Peak in Upper Bukit Timah, the main contractor Kingsford Construction was fined S$130,000 last year under the Workplace Safety and Health Act (WSHA) for not tending to safety lapses at the worksite of the Hillview Peak project, despite having been penalised twice previously.
The construction firm was earlier issued stop-work orders by the Ministry of Manpower (MOM) and fined a total of S$29,000 for safety lapses flagged by MOM inspectors in October 2014 and May 2015. But these safety lapses resurfaced and were uncovered in June 2016.
In its hometown Shenyang, the Kingsford group is close to selling out phase two of a residential project and is slated to launch a new 7,500-unit project in August, Mr Cui said.
Looking to rent out your unit ?
whatsapp:+658189850five
Having trouble looking for quality tenants for your residential properties?
Just in these few months we have helped more than 30 homeowner like you secure good paying tenant for their units using our cutting edge marketing method.
Let us help you too.
whatsapp +658189850five for an no obligation discussion on how to stop losing potential rental income now.
Alex Tan (R060205E) and George Goh (R057390Z)
ERA Realty Network PTE LTD/L3002382K