Promenade @ Pelikat (Former Pelikat mansion)

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Originally Posted by Kelonguni

Yah I guess that's true - have a soft spot for the shophouse kind of residence. So far the ones I like are all mixed types - like the vibrancy and the convenience: minimum will have ATM, 7-11, banks, S-Pools, some restaurants downstairs I hope? No need to drive somewhere and worry about parking.

106 out of 164 residences sold as of last URA report.

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ATM bank and SPool bo bao.... not high chance

So far all mixed developments, even shophouses have ATM - please correct me if I am wrong by giving 1 exception. Banks and S-Pools need to take a bet.

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Originally Posted by Kelonguni

So far all mixed developments, even shophouses have ATM - please correct me if I am wrong by giving 1 exception. Banks and S-Pools need to take a bet.

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Not even the iconic Icon... ATM is steps away but not within.

http://www.nearby.sg/amenities/atm/a...ngapore_078877

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Originally Posted by carbuncle

Not even the iconic Icon... ATM is steps away but not within.

http://www.nearby.sg/amenities/atm/a...ngapore_078877

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Haha... Your link says it all. Although ATM steps away, have you counted how many ATMs of all the banks are within walkable distance?

Just heard from an agent friend that he heard from another agent that Giant may be in this project.

Anyone can verify?

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Originally Posted by property_finder

Just heard from an agent friend that he heard from another agent that Giant may be in this project.

Anyone can verify?

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Are you keen for residential or commercial purposes?

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Originally Posted by property_finder

Just heard from an agent friend that he heard from another agent that Giant may be in this project.

Anyone can verify?

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The telephone game.

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Originally Posted by Kelonguni

Are you keen for residential or commercial purposes?

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Both actually.

Stay or rent out on top residential unit, and rent out the commercial space below.

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Originally Posted by property_finder

Just heard from an agent friend that he heard from another agent that Giant may be in this project.

Anyone can verify?

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Caveat Emptor

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Originally Posted by property_finder

Both actually.

Stay or rent out on top residential unit, and rent out the commercial space below.

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Consider if the place is suitable even if no Giant. If it's value is only valuable if Giant comes, then it is not worth buying.

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Originally Posted by rattydrama

Caveat Emptor

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I know that we can check Caveat logged for Residential from URA for free.
But not know if there is any free tool for commercial?

How the sales so far for the shops? How many left? Anyone went down to the show flat?

Saw from Last Saturday's advertisement:
Last 11 shops left
Fr0m 269sqft at level 1
$7XXk
Not sure how true the above is.

Heard about anchor tenant sheng siong pulling out. Who is the new anchor tenant?

anyone knows if all units are sold out? have they started demolishing pelikat mansions?

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Originally Posted by chweegrace

How the sales so far for the shops? How many left? Anyone went down to the show flat?

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Asked my agent today and she said 100% sold.:)

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Originally Posted by Liverpool00

anyone knows if all units are sold out? have they started demolishing pelikat mansions?

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According to the latest ura results, only left 6 residential units.

Does anyone know who is the anchor tenant of this development?

Anyone knows when this development will TOP?

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Originally Posted by Liverpool00

Anyone knows when this development will TOP?

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Supposed to be end 2016.

who is the anchor tenant of this development?

There is none.

Should be quite hard to enbloc next time.

No anchor tenant = no supermart? That's bad..

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Originally Posted by fan

No anchor tenant = no supermart? That's bad..

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Will have to leave it to market forces to determine the "theme" of this mall.
Whether good or bad, can only tell when mall opens.

Think of any malls which are strata title owned. Especially when Promenade's shops are all so tiny like mama shop space. Think this place will be pretty run down and empty soon.

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Originally Posted by price

Think of any malls which are strata title owned. Especially when Promenade's shops are all so tiny like mama shop space. Think this place will be pretty run down and empty soon.

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The smallest units are really very small. Some buyers purchase several units to combine into a larger unit.

Success will depend largely on the shop owners business intention and models. The mall may become run down, but it could also become successful.
Have to wait and see.

A check on Square Foot Research already shows retail units there selling for anualised profit of 40% - 81%.

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Originally Posted by property_finder

The smallest units are really very small. Some buyers purchase several units to combine into a larger unit.

Success will depend largely on the shop owners business intention and models. The mall may become run down, but it could also become successful.
Have to wait and see.

A check on Square Foot Research already shows retail units there selling for anualised profit of 40% - 81%.

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From my understanding, the multiple purchases were only a few. so most units are single owners and the size of a mama shop / money changer.


As a property investor, u may see capital gains. but as a landlord / shop owner, it can be quite bad.

My fren is selling a commerial unit in promenade pelikat basement 1. Pm me if anyone interested in taking.thanks

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Originally Posted by Vin

My fren is selling a commerial unit in promenade pelikat basement 1. Pm me if anyone interested in taking.thanks

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haha so fast trying to flip for profits?