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Thread: Upper Thomson Rd condo devt by Cheung Kong

  1. #91
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    whatever happened to this project ?

    I did a google and found these:

    Unit Sizing:
    • 2Br: Est 933 - 1,033sf
    • 3Br: Est 1,312 - 1,806sf
    • 4br: Est 1,654 - 2,073sf
    • 3Br PH: Est 1,493 - 1,586sf
    • 4Br PH: Est 1,798 - 2,192sf
    • 4Br+1 Strata House: 4,818 - 6,611sf
    so it's a "normal" sized development. can this size sell for 1400 ???

  2. #92
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    The last time I saw new launches with the smallest 2-bedders above 900 sq ft was over a year ago May be this is the selling point of the project - deviation from the norm

  3. #93
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    2 months back one agent advertised to be launch around mid-year, which should be soon. but do not see much action at the show flat. maybe they waiting to see the outcomes of the GE and whether govt pushing out more measures?

  4. #94
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    Their parent company has good holding power. The feng shui of this plot is not that great from what I can see (school on one side, temple on the other side, another temple and columbarium within 1km). Not sure how they can neutralize these feng shui factors. Perhaps they are also waiting for announcement on MRT stations to launch as one of the stations may be near to them which would justify higher launch prices.

  5. #95
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    I thought they have a time restriction by the govt to complete the project? Cannot hold very long one right?

  6. #96
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    Quote Originally Posted by azeoprop
    I thought they have a time restriction by the govt to complete the project? Cannot hold very long one right?
    this piece of land bought in Nov 2009.. subjected to 72mths till Project completion..

    Only recent land sales been tighten to 60mths

  7. #97
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    Rare to see any condo launch nowadays without 1 bedder (or a one plus study) also, think the last was waterview.....

    Quote Originally Posted by wesing
    The last time I saw new launches with the smallest 2-bedders above 900 sq ft was over a year ago May be this is the selling point of the project - deviation from the norm

  8. #98
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    Quote Originally Posted by amk
    whatever happened to this project ?

    I did a google and found these:

    Unit Sizing:
    • 2Br: Est 933 - 1,033sf
    • 3Br: Est 1,312 - 1,806sf
    • 4br: Est 1,654 - 2,073sf
    • 3Br PH: Est 1,493 - 1,586sf
    • 4Br PH: Est 1,798 - 2,192sf
    • 4Br+1 Strata House: 4,818 - 6,611sf
    so it's a "normal" sized development. can this size sell for 1400 ???
    i tink nothing finalise yet...

    impossible to sell at 1.4kpsf for such sizes.....almost Dleedon pricing and quantum liao....ops...Dleedon i tink got 8xxsqft 2bedder.....HAHA

  9. #99
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    2Br: Est 933
    3Br: Est 1,312
    4br: Est 1,654

    I think these sizes are quite normal size, comparable to Minton, waterfront waves or even their own Vision. The larger ones most probably ground floor units with PES.


  10. #100
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    I tink they may hold back for a number of reasons:

    1. Cooling measure have hit sentiment amongst buyers
    2. Projects like D'Leedon not doing that well
    3. Political scene unstable until after GE
    4. Thomson line announcement not made (perhaps hoping they would announce when rest of Circle Line is open projected Q3 this year).

    Or maybe being HK ppl, they have consulted a Feng Shui master to give auspicious launch date for the project but must wait long time for a very very auspicious date because of the rather unfavourable feng shui of the plot.

    Or maybe even waiting for Capitaland to launch by end of the year?????

  11. #101
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    Beware The "Vision" of Thomson....

    Maybe can built a golf range at the sky terrace... then can charge >$1400psf liao...

  12. #102
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    Quote Originally Posted by scsc
    Beware The "Vision" of Thomson....

    Maybe can built a golf range at the sky terrace... then can charge >$1400psf liao...
    Ha that's a good idea. Maybe they will take you up on that if they are reading this.

    The Kallang river project at Bishan park is also a selling point. Within walking distance. Views of the greenery from the higher units will be good too. But traffic noise from Upp Thomson Road and sun from the West will be against them.

    They are masterly at counteracting the feng shui though. Their project Thomson 800 was next to a hospital (also considered bad feng shui). But 10 years + down the road there is an MRT station directly opposite. Who would have thought that an MRT station would sprout up in that location when it launched?

  13. #103
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    Quote Originally Posted by azeoprop
    2Br: Est 933
    3Br: Est 1,312
    4br: Est 1,654

    I think these sizes are quite normal size, comparable to Minton, waterfront waves or even their own Vision. The larger ones most probably ground floor units with PES.

    933sqftX1400psf=1.3mil

    4% gross yield=$4333/mth

    lets see if they can sell at 1400psf wif such sizes.....tis is wat i call bubble

  14. #104
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    Why do ppl think they are going to price at $1400+ psf?

  15. #105
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    Quote Originally Posted by chiaberry
    Why do ppl think they are going to price at $1400+ psf?
    bcoz they r worse den FEO

  16. #106
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    Quote Originally Posted by devilplate
    933sqftX1400psf=1.3mil

    4% gross yield=$4333/mth

    lets see if they can sell at 1400psf wif such sizes.....tis is wat i call bubble
    New launches as I see at this moment, very tough to get 4% yield....except maybe Geylang?

  17. #107
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    Quote Originally Posted by land118
    New launches as I see at this moment, very tough to get 4% yield....except maybe Geylang?
    i tink 8courtyard possible...

    411k studio.....

    2bedder 650k....

  18. #108
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    Quote Originally Posted by devilplate
    bcoz they r worse den FEO
    earlier I heard they're thinking the launch will be sometime in July/August, any CBRE agents in here can shed some light on the launch date?

  19. #109
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    Quote Originally Posted by devilplate
    bcoz they r worse den FEO
    haha... that's quite harsh but they certainly try to set a benchmark everywhere they go.

  20. #110
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    Not launched yet? waiting for news

  21. #111
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    they're really selling it as if Thomson station is near by. Even has a map of the station location.

    Is this worth buying?

  22. #112
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    Initially when they launched it at 1300psf. It wasn't worth it. But nowadays, i can't be as certain because far flung places are selling at 1400 or 1500psf...

  23. #113
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    Quote Originally Posted by kane
    Initially when they launched it at 1300psf. It wasn't worth it. But nowadays, i can't be as certain because far flung places are selling at 1400 or 1500psf...

    the market is really hot... what is wrong??
    Last edited by lufu; 28-02-12 at 18:55.

  24. #114
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    Quote Originally Posted by kane
    Initially when they launched it at 1300psf. It wasn't worth it. But nowadays, i can't be as certain because far flung places are selling at 1400 or 1500psf...
    Just because a handful of investors paid 1500psf for some OCR MM project and suddenly this project become value for money?

    No wonder we have so many CMs.

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