Terrasse (D19, 99 years LH, MCL Land (Serangoon) Pte Ltd)

[azeoprop]

So did you grab a pool facing unit or you prefer to wait further for prices to climb further??? Or drop further???

No vitamin M...haa haa.

[ysyap]

No vitamin M...haa haa.

Hahaha! MCL may well raise their asking now that records are being set everywhere. Even the recent record $14xx psf at Greenwich, a stone's throw from Terrasse is gonna send developers to meet tonight to discuss how much more price increase should be introduced tomorrow!

[snoopy]

Any more 4 Bedders?

Went to have a look just now, for 2 bedders all those facing landed sold out. Left those pool facing and facing main road.

Pricing around 1020 to 1100psf for the 2 bedders.

[ysyap]

Any more 4 Bedders?

Think only 4 units of 4 bedders left!

[ysyap]

This project is slightly more than 50% sold. Like the landscaping environment but dislike the location plus the inferior finishing @ $1100 psf. Well was told that the garden duplex is not selling well... Hmmm... what's the reason? Because you are paying for your carpark lots while the others aren't? Maybe!

[linchong84]

This project is slightly more than 50% sold. Like the landscaping environment but dislike the location plus the inferior finishing @ $1100 psf. Well was told that the garden duplex is not selling well... Hmmm... what's the reason? Because you are paying for your carpark lots while the others aren't? Maybe!

Their neighbours, the serangoon north ave 1 5-room HDB (122sqm) are selling at 450k, ie super low.. So, this proves that this location is really damn terok..

I tried very very hard, still cant figure out why they can sell well at 1.1k psf.. WHY?????????????

[azeoprop]

Bought by desprate parents for Rosyth school...

[linchong84]

Bought by desprate parents for Rosyth school...

If rosyth is so attractive, the serangoon north ave 1 5-room HDB (122sqm big big) would have cost 600k, and not 450k.. So obviously, rosyth does not affect prices.. Is terrasse's neighbouring pte as expensive too?

[devilplate]

If rosyth is so attractive, the serangoon north ave 1 5-room HDB (122sqm big big) would have cost 600k, and not 450k.. So obviously, rosyth does not affect prices.. Is terrasse's neighbouring pte as expensive too?

Those who bot it better of buying 8wood at 1200psf rite? Nearer to town n mrt... Y? Ended up one unit sold at 980psf

[linchong84]

Those who bot it better of buying 8wood at 1200psf rite? Nearer to town n mrt... Y? Ended up one unit sold at 980psf

yah 8wood is so much better.. regret never buy it sigh.. I guess people like to buy from developer cos they would have bought at the cheapest (assuming bullish market).. I myself also don't like to buy subsale cos it will indirectly prove that i have lesser foresight than the rest of the owners.. It's a stupid thought/feeling/preference haha..

my colleague went to see terrasse and nearly bought it.. She said she like the facade and stuff and feel 1100psf is good.. but last minute pull out cos her husband eventually decide to wait for the keppel sengkang mrt land.. A couple of my friends also intending to buy that sengkang project, seems like MCL has helped keppel a lot by pricing terrasse so high..

she said the agent keep on tell her that the discount valid for a few days only so she has to decide fast hahaha..

[kane]

For a while now, private home prices have diverged from public home prices. Just look at place like quartz, centris and lakefront residences

[Dark Knight]

Their neighbours, the serangoon north ave 1 5-room HDB (122sqm) are selling at 450k, ie super low.. So, this proves that this location is really damn terok..

I tried very very hard, still cant figure out why they can sell well at 1.1k psf.. WHY?????????????

This project location is good. Nothing "terok" at all. Living near 2 main roads has it's pro and con. Not all units at Terrasse are at 1.1kpsf by the way and in fact lower. Those who bought must have known this area very well. Facilities on offer are simply outstanding and building facade exquisite. As usual, if you can afford...buy what you like.

[ysyap]

There are indeed many good points about this project but still even when I know this place pretty well, I'd not want to buy it. Until such times when D19 prices stabalizes at this value then I'll probablly consider. Then again maybe the price of this project also would have risen...

[fan]

This project location is good.

What's your definition of good location?

[ysyap]

What's your definition of good location?

If Terrasse is good location to him, then most places in Singapore will be good or best or splendid locations!

[linchong84]

If Terrasse is good location to him, then most places in Singapore will be good or best or splendid locations!

I guess nowadays when we talk abt location,

1st thing to consider is CCR vs RCR vs OCR.. Which one better is obvious..

2nd thing we'll talk about whether it is near MRT for better rental prospects..

3rd thing we'll go on to see whether there is any views, eg, river, reservoir, sea, hill, city, golf course, etc etc..

4th thing, we'll see whether it is near any international school or airport or big commercial area for rental prospects again..

It appears that terrasse has none leh.. their selling point is nice facade??

[ysyap]

Their primary selling points are nice facade and Rosyth Pri School. But according to agent, they also added got buses to AMK. 10 stops . Not sure how is that a selling point but at that location they sure have to force it out to be one.

Agent kept saying its resort feel. Maybe to enhance that feel, this project has to be far far away from civilization, otherwise too near busy city then no more resort feel...

[devilplate]

Their primary selling points are nice facade and Rosyth Pri School. But according to agent, they also added got buses to AMK. 10 stops . Not sure how is that a selling point but at that location they sure have to force it out to be one.

Agent kept saying its resort feel. Maybe to enhance that feel, this project has to be far far away from civilization, otherwise too near busy city then no more resort feel...

Terasse location not too bad...got amenities across hdb side...plenty of buses....sort of no view and no mrt lor...pricin shd b 850-900psf n shd redesign a bigger common rm

[ysyap]

Terasse location not too bad...got amenities across hdb side...plenty of buses....sort of no view and no mrt lor...pricin shd b 850-900psf n shd redesign a bigger common rm

$850 psf sounds more decent for this project!

[snoopy]

I have been staying around D19 areas. I felt that Terrasse is a better location than the location at Sengkang Mrt land. Living environment will be totally different. Sengkang mrt land will be crammed around with flats but it has MRT. As for Terrasse, it may not have a MRT, but it is equally accessible. Furthermore there is Rosyth, French school etc.

yah 8wood is so much better.. regret never buy it sigh.. I guess people like to buy from developer cos they would have bought at the cheapest (assuming bullish market).. I myself also don't like to buy subsale cos it will indirectly prove that i have lesser foresight than the rest of the owners.. It's a stupid thought/feeling/preference haha..

my colleague went to see terrasse and nearly bought it.. She said she like the facade and stuff and feel 1100psf is good.. but last minute pull out cos her husband eventually decide to wait for the keppel sengkang mrt land.. A couple of my friends also intending to buy that sengkang project, seems like MCL has helped keppel a lot by pricing terrasse so high..

she said the agent keep on tell her that the discount valid for a few days only so she has to decide fast hahaha..

[ysyap]

Well it is not really that equally accessible if you compare in true figures. There are probably 2 busstops of buses and lets just give 5 buses each stop so there are 10 buses (not sure of the number) but there is a bus depot at Seng Kang with definitely more than 10 buses plus an MRT which connects most of Seng Kang through the LRT network too.

Also, there is Compass point for amenities but Terrasse has just a simple neighbourhood with some provision shops across the road?

[linchong84]

I have been staying around D19 areas. I felt that Terrasse is a better location than the location at Sengkang Mrt land. Living environment will be totally different. Sengkang mrt land will be crammed around with flats but it has MRT. As for Terrasse, it may not have a MRT, but it is equally accessible. Furthermore there is Rosyth, French school etc.

For people who take public transport, the sengkang one can just walk around 200m to take the MRT, and will reach city area or anywhere else much faster.. For terrasse, need to wait for bus, take 10 stops, then walk to mrt station and take mrt, definitely will take longer and more effort..

For people who drives, KPE is in sengkang area, can reach town very fast cos not much jam, and no ERP at the gantries at night.. But terrasse people gotta take CTE which jams and has lots of ERP and some are active till 10.30pm.. Besides terrasse is not that near CTE anyway, they still gotta drive along ang mo kio ave 3 to find the nearest exit..

For living environment, terrasse also faces HDB and main roads on 2 sides.. So, we can't really say the environment is wonderful when compared to the sengkang one..

For people who want to find a good primary school, while terrasse has a top primary school in rosyth, the sengkang one is also within 1km to another top primary school in nan chiau.. So, i guess it's better to wait for the keppel plot.. if keppel not greedy, they will launch it at around 1.1k psf sama sama too (estimate according to 800psf breakeven)..

[chiaberry]

I have to admit I like the Sengkang area. My eldest child is in Nan Chiau High School which is now an SAP school. Note that Nan Chiau Primary is not a feeder school for Nan Chiau High though. Entry is entirely on merit. My youngest child goes for Chinese tuition in the HDB opposite Compass Point. It is a convenient location for transport (MRT as well as expressways) and currently the roads arre not congested and driving around there is very easy compared to Hougang. That may change in 10 years time when all the HDB in that area are finished and occupied. But for transport links I feel that even then, Sengkang location near the MRT is superior to the location of Terasse.

[ysyap]

Agreed that SK is a much preferred choice for residential stay. Serviced by both KPE and TPE, it is really nice to drive around. Furthermore, there is no lack in terms of amenities like shopping complex, bus terminals, the attractive long kang coming along as well as sports stadium, hockey pitches and swimming pool, plus some green pastures for some kite flying. It is also well connected through LRT although it gets a little messy with the direction for the west loop. There is no cineplexes though for movie goers!

[solsys]

Terrasse at S$850psf will be snapped up in no time.....

Northern ppty prices are already close to this range or in fact higher with Far East Woodhaven...

I think the price S$9xxpsf is just right for its physical location (near landed, serangoon garden), not taking into account transport links.

Look at H20 (Sengkang), 1min sheltered walk to LRT with integrated riverside park also asking S$9xxpsf.

Get ready to see S$1kpsf for the ones next to Sengkang interchange.

[ysyap]

Terrasse at S$850psf will be snapped up in no time.....

Northern ppty prices are already close to this range or in fact higher with Far East Woodhaven...

I think the price S$9xxpsf is just right for its physical location (near landed, serangoon garden), not taking into account transport links.

Look at H20 (Sengkang), 1min sheltered walk to LRT with integrated riverside park also asking S$9xxpsf.

Get ready to see S$1kpsf for the ones next to Sengkang interchange.

It may well hit $1.1k psf if market continues its upward climb ... we shall watch!

[2824]

It may well hit $1.1k psf if market continues its upward climb ... we shall watch!

To get a clue on the floor for the pricing, one can look at compass heights 3 bedder - already going for $1m (+/-). they are about 1250 - 1300 sqft.

My prediction 3 bedders from $1050 psf (quantum fr $1.1m) , 2 bedder $1200 (from $850k) and 1 bedder 1350 psf. Will be interesting what kind of deisgn keppel can come up with.

[ysyap]

To get a clue on the floor for the pricing, one can look at compass heights 3 bedder - already going for $1m (+/-). they are about 1250 - 1300 sqft.

My prediction 3 bedders from $1050 psf (quantum fr $1.1m) , 2 bedder $1200 (from $850k) and 1 bedder 1350 psf. Will be interesting what kind of deisgn keppel can come up with.

Come to think of it, it is really true that developers are indeed coming up with all sorts of designs which hopefully can strike a chord with buyers. From Hong Realty who patterned the ceiling cabinet concept in NV Residence to Minton with the 3 worlds concept to Terrasse with the resort feel concept of the firefly, etc. its getting interesting to see what developers can come up with in the near future...

[fclim]

Funny how distance can be so subjective. 1km from MRT, everybody say so far. 1km from Rosyth, all grab.

[ysyap]

Funny how distance can be so subjective. 1km from MRT, everybody say so far. 1km from Rosyth, all grab.

Simple... for MRT, its about walking and avoid taking any feeder buses so 1km might be a little far. But for school, its not about walking but meeting the requirements stipulated by MOE to be living within 1km of the school in order to enjoy the admission priority! So all will grab!