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🔥🔥 HOT FROM THE OVEN🔥🔥
🍀PARC KOMO INDICATIVE PRICING🍀
Average psf $1450psf Only ‼‼ 😱😱 (For Freehold + Mixed Development)
1BR from $663K
2BR from $871K
3BR from $1.294M
4 & 5 BR - Price on application
Key Dates:
14 May: CES at PropNex Level 18
18 May: PREVIEW: Showflat opens
21 May: CES at Parc Komo
25 May: Booking Day
✨Contact me for more information✨
🔥🔥 HOT FROM THE OVEN🔥🔥
🍀PARC KOMO INDICATIVE PRICING🍀
Average psf $1450psf Only ‼‼ 😱😱 (For Freehold + Mixed Development)
1BR from $663K (452 sqft) $1,467
2BR from $871K (614 sqft) $1,418
3BR from $1.294M (915 sqft) $1,414
4 & 5 BR - Price on application
Key Dates:
14 May: CES at PropNex Level 18
18 May: PREVIEW: Showflat opens
21 May: CES at Parc Komo
25 May: Booking Day
✨Contact me for more information✨
The price works out to $888 per sq ft per plot ratio (psf ppr) for the 200,093 sq ft site.
https://www.straitstimes.com/busines...bloc-for-2488m
1BR from $663K (452 sqft) $1,467-$888=$579
2BR from $871K (614 sqft) $1,418-$888=$530
3BR from $1.294M (915 sqft) $1,414-$888=$526
http://www.squarefoot.com.sg/trends-...=changi-garden
https://www.businesstimes.com.sg/com...over-documents
Freehold mixed development Parc Komo opens for preview
MON, MAY 13, 2019 - 6:34 PM
TARA ANNE [email protected]
CEL Development, the property development division of Chip Eng Seng Corporation, on Monday unveiled Parc Komo, a freehold mixed development in Changi inspired by the Japanese concept Komorebi, which celebrates the blend between nature and order.
This latest development by CEL has an average price of about S$1,450 per square foot (psf) and occupies a land area of about 202,000 square feet (sq ft).
The development comprises 10 blocks of five-storey apartments totalling 276 units with two levels of commercial space that consists of 28 commercial units.
Residential unit sizes range from 452 sq ft for a one-bedroom apartment to 1,905 sq ft for the largest five-bedroom luxury penthouse.
The indicative pricing starts at S$663,000 for a one-bedroom unit, S$871,000 for a two-bedroom unit and S$1,294,000 for a three-bedroom unit.
The public preview of Parc Komo will be held on Saturday, May 18.
Located in District 17, Parc Komo is situated in a region earmarked as a focal area for development and rejuvenation in the URA Draft Master Plan 2019.
Raymond Chia, group CEO of Chip Eng Seng Corporation, said: "The rustic charm of Changi and the exciting masterplan for the area are major draw cards for Parc Komo. Fans of the East Coast area would appreciate the casual and easy-going vibes of Changi, as well as the long-term potential of the area."
As a business gateway, investors can look forward to rental opportunities given its proximity to Changi Business Park, Changi International Logispark, Changi Aviation Park and the upcoming Changi East Industrial Zone.
Recreational amenities located nearby include Changi Point and Jewel Changi Airport.
Parc Komo will also be accessible via the upcoming Loyang MRT Station on the Cross Island Line, expected to be completed by 2029.
chip eng seng does have a history of bidding a little higher to win bids followed by 5xxpsf gross margins over land cost. as they are a construction company cum developer, they can still make at 5xxpsf margins.Quote:
Originally Posted by Arcachon
https://www.99.co/blog/singapore/99-...-launch-price/Quote:
Originally Posted by bargain hunter
Forest Woods $psf
Land cost $710
Construction cost $350
Expenses and profit margin of $318
Estimated launch price $1,378
Queens Peak $psf
Land cost $871
Construction cost $350
Expenses and profit margin of $366
Estimated launch price $1,587
refer to high park residences and grandeur park residences. starting average price for grandeur park was also < 600psf gross margin.
Quote:
Originally Posted by Arcachon
Should refer to Terrasse less than $500Quote:
Originally Posted by bargain hunter
but those are chip eng seng projects.Quote:
Originally Posted by Arcachon
High Park Residences, which sits on two land parcels. CEL Development and Unique Residence secured both plots in August 2014. Parcel A went for $234.9 million or about $438 psf ppr, while parcel B was secured at $252.1 million or about $448 psf ppr.
Mr Mak noted most of the condominium units near the Fernvale Road site were transacted at prices ranging between $970 psf and $1,060 psf, based on sales in the first seven months of the year. Property consultancy Edmund Tie & Company said URA Realis data showed the average unit price at High Park Residences was about $988 psf.
The Grandeur Park Residences site, for example, fetched $761 psf ppr in February 2016, lower than the $791 psf ppr paid in October 2012 for The Glades site, located a stone’s throw away.Quote:
Originally Posted by Arcachon
Grandeur Park Residences in a previous report dated 21 February 2017 where average selling prices (ASP) of S$1,350 PSF transacted at the development
yes, in both cases, gross margin was 5xx and again for parc komo. can't sell any cheaper than that.
There is a Developer who prices to sell others don't know what they think.Quote:
Originally Posted by bargain hunter
A) Land Cost $842
B) Construction Cost (estimate) $350
C) Profit Margin + Other Expenses (30% x [A+B] ) $357
Estimate Launch Price (SUBJECTED TO CHANGES) $1,549
THE TEMBUSU $1,816 2016
AFFINITY AT SERANGOON $1,797 2024
THE GARDEN RESIDENCES $1,770 Under Construction
RIVERFRONT RESIDENCES $1,465 Under Construction
CAMBIO SUITES $1,680 2016
KOVAN REGENCY $1,533 2015
At the freehold The Tembusu in Kovan, which was launched last month, the highest price paid was $1,687 psf for a 474 sq ft home or $799,000. The 337-unit project saw more than 200 units sold on the first day of sales.
614 sqft 2 bedders? What kind of 2 bedders is this? LOL. And $1,450 psf. Hmm...
2006 people also said 958 sqft what kind of 2 bedders, And 558 psf those who bought Million hair now.Quote:
Originally Posted by thomastansb
Sure can't sell any cheaper
https://www.edgeprop.sg/property-new...r-long-weekendQuote:
Originally Posted by parc-clematis
quite a lot of viewers. let's see how many units of sales it translates to.
Count 1 from meQuote:
Originally Posted by bargain hunter
https://www.facebook.com/Teo.See.Hwa...15836822286409
Why you should not buy Parc Komo
1. In 1968, a joint venture formed by HLHL, CDL and TID was incorporated as Tripartite Developers Pte Ltd (Tripartite). In the 1970s, Tripartite made a farsighted investment in acquiring over 3 million square feet of land at Upper Changi Road North area. Tripartite has developed several major condominium developments there, namely,
Azalea Park, 1996 999 years
Azalea Park Condo is a 999-year leasehold condominium development located at 2, Flora Road, Singapore 509725 in District 17 near Pasir Ris MRT Station. Completed in 1996, it is located in the vicinity of landmarks like Changi Chapel & Museum and Johore Battery. It has a total of 9 storey and 316 units.
Ballota Park, 2000 FH
Ballota Park Condo is a freehold condominium development located at 152, Mariam Way, Singapore 507080 in District 17 near Changi Airport MRT Station. Completed in 2000, it is located in the vicinity of landmarks like Johore Battery and Changi Airport. It has a total of 6 storey and comprises of 365 units.
Carissa Park, 2003 FH
Carissa Park is a freehold development located at 2 Flora Drive Singapore 507025 in District 17 near Simei MRT Station. Completed in 2003, it comprises of 8 storey and 528 units. Loyang Villas and Tampines Mart are close by.
Dahlia Park, 2004 FH
Dahlia Park is a freehold development located at Flora Drive in District 17. Completed in 2004, it comprises 299 units.
Edelweiss Park 2006 FH
Dahlia Park is a freehold development located at Flora Drive in District 17. Completed in 2004, it comprises 299 units.
Ferraria Park. 2010 FH
Ferraria Park Condo is a freehold condominium located at 8 - 28 Flora Drive (S)506941 in District 17 near Tampines MRT Station. Completed in 2010, it comprises of 8 storeys and 475 units. It is within close proximity of Tampines Mart and Changi Chapel and Museum.
The Gale 2014 FH
The Gale is a freehold development located at 10 Flora Road, Singapore 509729, in District 17, minutes ride to Tampines MRT Station. It will be completed in 2014 with 329 units. The Gale is close to Changi Chapel & Museum and Changi Golf Club.
Hedges Park 2015 99 years
Hedges Park Condominium is a 99-year leasehold condominium development located at 31 Flora Drive, in district 17. Expected to be completed in 2015, it will comprise of 501 units.
The Inflora 2017 99 years
The Inflora is a 396 Units of 99-year Leasehold Condominium located at Flora Drive in District 17. It will be completed in 2017.
Avilla Gardens 1995 FH
Avila Gardens is a Freehold Condominium located at Flora Road in District D17. Avila Gardens is close to Pasir Ris MRT EW1.
Avila Gardens is a short drive to Loyang Point and White Sands. It is also not far from several schools such as East Spring Secondary School, Singapore Japanese School (Nihonjin Gakko)(SJS) - Changi Primary Campus and White Sands Primary School.
Estella Gardens 1999 FH
Estella Gardens is a freehold development located at Flora Road in District 17. Completed in 1999, this resort-style condominium is eight storeys tall and comprises 350 units.
Changi Garden FH 1980
Changi Gardens is a freehold residential property developed by MR LEE HUI CHOON in 1980. Since then, this property has been home to individuals, families and the working class. Changi Gardens is located at 32 - 62C Jalan Mariam, in District 17.
Loyang Villa 1997 99 years
Loyang Villas is a 99-year leasehold terraced-housing development located at 1 Loyang Rise, Singapore 507600, in District 17, minutes ride to Pasir Ris MRT Station. Completed in 1997, it comprises 423 units. Loyang Villas is close to Downtown East entertainment centre and Loyang Point shopping mall.
Loyang Valley 1985 99 years
Loyang Valley is a 99-years leasehold development located at 200 Loyang Avenue 509058 in District 17 near Tampines MRT and Changi Airport MRT Station. Completed in 1985, this resort-style condominium stands seven storeys tall and comprises 362 units. Lcoated nearby is Tampines Mall and the Changi Airport.
Palm Isles 2015 99 years
Palm Isles is a 99-Year Leasehold Condominium located at 32-42, Flora Drive in District 18. It comprises of 429 Units. Palm Isles is close to Simei MRT (EW3).It is due to be completed in 2015. Schools close to Palm Isles include East Spring Secondary School, East Spring Primary School, Tampines Junior College, Ngee Ann Secondary School, Dunman Secondary Secondary School and White Sands Primary School.
Parc Olympia 2015 99 years
Parc Olympia is a 99-year Leasehold Condominium located at 60, Flora Drive, 529000 in District 18. It comprises of 482 units. Parc Olympia is close to Simei MRT Station. It is due to be completed in 2015. Schools close to East Spring Primary School, East Spring Secondary School and Ngee Ann Secondary School.
The Jovell 99 BUC 2019 2021
The Jovell is a 99-year Leasehold Condominium developed by Hong Leong Holdings Limited. Located on Flora Drive (District 17), Singapore, the project comprises of 9 blocks with 8 storeys and 428 residential units on 330,222 sqft. The expected year of TOP is 2021.
Azalea Park, 1996 999 years
S$ 982 PSF IN APR 2018 FOR A 1,507-SQFT UNIT
Ballota Park, 2000 FH
S$ 881 PSF IN APR 2019 FOR A 1,249-SQFT UNIT
Carissa Park, 2003 FH
S$ 1,110 PSF IN JAN 2013 FOR A 646-SQFT UNIT
Dahlia Park, 2004 FH
S$ 968 PSF IN FEB 2013 FOR A 1,270-SQFT UNIT
Edelweiss Park 2006 FH
S$ 1,154 PSF IN JAN 2013 FOR A 710-SQFT UNIT.
Ferraria Park. 2010 FH
S$ 1,161 PSF IN AUG 2012 FOR A 646-SQFT UNIT
The Gale 2014 FH
S$ 1,156 PSF IN SEP 2013 FOR A 1,033-SQFT UNIT
Hedges Park 2015 99 years
S$ 1,342 PSF IN JUN 2015 FOR A 484-SQFT UNIT
The Inflora 2017 99 years
S$ 1,201 PSF IN APR 2018 FOR A 463-SQFT UNIT
Avilla Gardens 1995 FH
S$ 1,689 PSF IN FEB 2013 FOR A 355-SQFT UNIT
Estella Gardens 1999 FH
S$ 1,165 PSF IN MAY 2001 FOR A 657-SQFT UNIT
Changi Garden FH 1980
S$ 813 PSF IN JUL 2013 FOR A 1,399-SQFT UNIT
Loyang Villa 1997 99 years
Loyang Villas is a 99-year leasehold terraced-housing development located at 1 Loyang Rise, Singapore 507600, in District 17, minutes ride to Pasir Ris MRT Station. Completed in 1997, it comprises 423 units. Loyang Villas is close to Downtown East entertainment centre and Loyang Point shopping mall.
Loyang Valley 1985 99 years
S$ 811 PSF IN JAN 2013 FOR A 1,001-SQFT UNIT
Palm Isles 2015 99 years
S$ 1,219 PSF IN SEP 2015 FOR A 517-SQFT UNIT
Parc Olympia 2015 99 years
S$ 1,192 PSF IN FEB 2016 FOR A 495-SQFT UNIT
The Jovell 99 BUC 2019 2021
S$ 1,400 PSF IN SEP 2018 FOR A 452-SQFT UNIT