Commonwealth Towers - next to Queenstown MRT
http://www.thecommonwealthtowers.com...s/ctaerial.jpg
http://www.thecommonwealthtowers.com...ds/ctowers.jpg
Project Details:
Project Name: Commonwealth Towers
Location: 230 & 232 Commonwealth Avenue
Developer: Wealthall Development Pte Ltd (HongLeong/CDL/Hong Realty)
Tenure: 99yrs
Type: Click Here for More Info
Site Area: Approx.12,086.8 sqm / 130,101 sqft
Total No. of Units: 845 units (2 Blocks 43-Storeys)
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Another OVER HYPE new condo :doh:
Is this going to be cheaper than j gateway?
ppr is about S$850 psf, think using your knees.Quote:
Originally Posted by Patrickstar
New exciting project @ Queenstown MRT http://img.photobucket.com/albums/v3...ps06ec7833.jpg
2 towers of 43 storeys high with 3 levels of basement carpark
A Upcoming New Condo Just Beside Queenstown MRT!
Commonwealth Towers - Desired City Living at Queenstown!
Launching Soon in April 2014!
Register HERE for VVIP Preview!
http://i1060.photobucket.com/albums/...psf9ebb6e4.jpg
http://i1060.photobucket.com/albums/...psbe4e7d9c.jpg
845 units in 130,000 sqft of land.
this reaches a new level of crowdedness.
Agreed........Super pathetic of the 1 bedroom unit size.....super mickey mouse :doh::doh:Quote:
Originally Posted by clemdale24
Floor plans found here:
http://commonwealthcondosg.com/commo...s-floor-plans/
If the trend of MM unit keep going then Singapore will be like Japan in the Future
But no doubt location is good la.
Especially with the government's plans to rejuvenate the Dawson location.
But I dread to think that I'd have to probably wait 10 minutes for the lift every morning due to the rush hour....
Hmm... Singland bought the Alex Residence land at $900+ psf ppr but didn't really sell too expensive la...Quote:
Originally Posted by lionhill
Maybe CDL will be realistic and sell low too?
Unit Mix
1 Bedroom
2 Bedroom
3 Bedroom
3 Bedroom + Yard
4 Bedroom
Unit Size Description Area (sqft)
1 Bedroom 431 – 484
2 Bedroom 700 – 807
3 Bedroom 861 – 915
3Br + Yard 1023 – 1076
4 Bedroom 1238 – 1346
Full set Floor Plans Available
Just give me a call @ 97467007 and Full set will be sent to you
All floor plans here:
http://queenstowncondolaunch.com/floor-plans/
:D
Any idea what is planned for the empty plot of land opposite the canal? :beats-me-man:
Alex residence sells cheap because your benchmark is Echelon.Quote:
Originally Posted by sunboy77
What I mean is that this commonwealth one cannot be sold at the same price as that of J-gateway although both are as cramped. Otherwise, many J-gateway buyers will band their heads lah.
Hard to say in current market conditions. I won't be surprised if they market from 1400psf for 1 bedder and 1250 for larger units. No need bang heads. Place your bets and stay to it - can't sell anyway. 买定离手。Quote:
Originally Posted by lionhill
for the low level, MRT facing one, that's possible. depending on the developer's selling strategy.Quote:
Originally Posted by Kelonguni
For the price of a development, we are surely referring to the averaged price, right?
To really move units, it has got to be all lower. Will not be moving only a few units. We are talking about 845 units!Quote:
Originally Posted by lionhill
The average selling price will definitely be lower than JG in current market conditions. At best match. Very difficult to get funding for the masses. For the really rich, they don't seem to be subscribers to buy and rent strategy - just too many penalties and restrictions.
Another possibility is for more price differentiation for different levels, since the towers are 43 floors. Manage the marketing strategy for different pricing points. Its not so simple though, but as a start the flooring of the prices must be pitched reasonably low.
I'll bet the other way, the averaged price will be at least $100psf more than J-gateway, considering the bad sentiment of the current situation.Quote:
Originally Posted by Kelonguni
That's a good bet too based on your angle. You might be right. Let's wait and see how it turns out. The average price of JG is $1480 psf if I don't remember wrongly. 1 bedders went for $1778psf and four bedders for about $1400psf.Quote:
Originally Posted by lionhill
If the price are about the same, no winner.
I am betting on lower prices.
JG is a special offering. Not exactly the same as well.
Not my cup of tea but it could be the gateway to high speed rail to Malaysia. It means something right?
Yep. We should be referring to average prices as a point of reference.Quote:
Originally Posted by lionhill
Heard the average prices of Commonwealth T. is going to be $1600psf - $1700 psf...
Kwek Land Bank unlikely to lelong this project because cost of bidding for land on GLCs these days are getting too expensive even for CDL standard.
the HDB in Margaret drive conmands nearly the same price as that in redhill,
and holland village. The Queens, which is mroe than 8 years old, 3 brs are also sold at around S$1300psf, noticing most resale units in Queens are not the high-floor, and not the good facing ones.
this will not be cheap. maybe slightly cheaper than alex residences, but IMO will be higher than JG. so, if i had to place a bet, it will be in the region 1550-1650psf average. the higher floors will stay expensive maybe closer to 2000psf; the lower floors will be 1400-1550psf.Quote:
Originally Posted by lionhill
Commanding is one side of the coin. Affording is the other side.Quote:
Originally Posted by lionhill
Transactions are so low currently because of affordability issues in my opinion. No doubt small units can still move no matter what the selling price is. The legal TOP is 2022, expected TOP is 2018. Still a drawback for me.
Anyway, you guys might be right. Be blessed.
do not take it too serious, everyone is just guessing and assessing from his own perspective.Quote:
Originally Posted by Kelonguni
Between Redhill and Queenstown, which is a better location for investment?