The Nautical (D27, 99 years LH, MCC Land (Singapore) Pte Ltd)

[sgp_condo]

bargain wif developer la.....ask for 3% abosrption

I tried but they don't absorbed the 3 percent.

[solsys]

I tried but they don't absorbed the 3 percent.

North is resilient, I like.

[devilplate]

I tried but they don't absorbed the 3 percent.

so tao.....

feo willing to give leh.....although mark up first ....wakaka

wait few wks later den offer again.....mabe can get 5-10% cheaper....

[sgp_condo]

so tao.....

feo willing to give leh.....although mark up first ....wakaka

wait few wks later den offer again.....mabe can get 5-10% cheaper....

Ta han first, hope units still available by then. For stay and not expecting gains.

[azeoprop]

Went to have a look today. Interesting design with some facilities including the tennis court on the 6th level of some blocks.

Some pricing:
2bed #03-99 764sqft $663100
2bed #03-16 764sqft $670700

3bed #02-85 829sqft $722950
3bed #03-09 829sqft $741950
3bed #02-55 883sqft $755250
3bed #02-98 883sqft $781850

[phantom_opera]

Went to have a look today. Interesting design with some facilities including the tennis court on the 6th level of some blocks.

Some pricing:
2bed #03-99 764sqft $663100
2bed #03-16 764sqft $670700

3bed #02-85 829sqft $722950
3bed #03-09 829sqft $741950
3bed #02-55 883sqft $755250
3bed #02-98 883sqft $781850

the 3br pricing is similar to Palette 2+S ... going forward this may be the norm i.e. compact 2+S / 3br at 800k price point

[sgp_condo]

Went to have a look today. Interesting design with some facilities including the tennis court on the 6th level of some blocks.

Some pricing:
2bed #03-99 764sqft $663100
2bed #03-16 764sqft $670700

3bed #02-85 829sqft $722950
3bed #03-09 829sqft $741950
3bed #02-55 883sqft $755250
3bed #02-98 883sqft $781850

These units listed are the still available or are transacted price?
Still balance a lot units for 2 and 3 compact for 829sqft and 883sqft?

[azeoprop]

They are still available. I think about 50+ units sold so far.

[sgp_condo]

They are still available. I think about 50+ units sold so far.

Ha ha good, big thanks for sharing. I wait for awhile before deciding the 2 or 3 bdrm.

[kane]

That's pretty compact 3 bedder!

[azeoprop]

This makes 8 courtyards look so cheap.

[kane]

After all the hoo har over CM5, this developer is selling at high 800+ psf...

[rattydrama]

not willing to cut the psf price so cut the size to maintain low quantum.

very sad indeed.

how is the sales?

[mantrix]

not willing to cut the psf price so cut the size to maintain low quantum.

very sad indeed.

how is the sales?

still 50+ units sold? 300+ to go...

[kane]

soon, every room will look and feel like the maid/store room.

[devon_wh]

Heard that the main launch will be in JAN 2012. Now is soft launch.

[kane]

Should launch after CNY rather than before.

[propertychap]

The Hillier is performing better than this. Maybe Far East marketing is better?

[devilplate]

The Hillier is performing better than this. Maybe Far East marketing is better?

i prefer hillier den this too

[solsys]

This makes 8 courtyards look so cheap.

YOU ARE RIGHT!

[devilplate]

YOU ARE RIGHT!

u got 2bdr at 750psf?

vy tough to lose $$$ indeed

[solsys]

u got 2bdr at 750psf?

vy tough to lose $$$ indeed

I got 3BR compact at high floor, so it's very close to S$800psf.

8cy still available but running out i think with the help of Nautical.

There are units available ranging from late S$7xx to early S$8xx psf.

Long term wise, 8cy nearer to the business plots and speculative MRT.

Having said that Nautical also not bad in terms of design and concept.

[devilplate]

nautical.....china developer rite?

[solsys]

nautical.....china developer rite?

MCC Land, same developer as Canberra Residences as well as Canopy.

Is CBRE a good agent?..... If MCC want Nautical to fly, then got to appoint other agents as well i think.

[azeoprop]

I got 3BR compact at high floor, so it's very close to S$800psf.

8cy still available but running out i think with the help of Nautical.

There are units available ranging from late S$7xx to early S$8xx psf.

Long term wise, 8cy nearer to the business plots and speculative MRT.

Having said that Nautical also not bad in terms of design and concept.

Those tower C low floor compact 3 bedders above the shops were so cheap during the initial preview 990sqft/1001sqft around 720k only. Missed the boat.

[solsys]

Those tower C low floor compact 3 bedders above the shops were so cheap during the initial preview 990sqft/1001sqft around 720k only. Missed the boat.

8cy Tower C low floors will everyday see headlights bright lights into their house as it's near the main entrance driveway.

[bargain hunter]

Some 50-plus units have been sold at The Nautical at an average price of about $860 per square foot since its preview began last weekend.

Over at Jalan Sendudok in Sembawang, Hao Yuan Investment, controlled by mainland China parties, is said to have issued options for about 50-plus units for The Nautical condo. The developer is understood to be deciding when to hold an official launch of the project, which will be accompanied by the start of an advertising campaign.

The average price of about $860 psf for the five-storey project, which will have 435 apartments, is after a 5 per cent early-bird discount.
Prices of a typical unit without private enclosed space or roof terrace will be in the $850-880 psf range on average.

The Nautical comprises one, two, three and four-bedroom units and penthouses (including 32 dual- key units). Absolute prices start from about $409,000 for a 420 sq ft one-bedder. The highest-priced unit, at slightly over $1.5 million, is a 1,916 sq ft penthouse.

Buyers of the 50-plus units are mostly HDB upgraders, comprising predominantly Singaporeans.

CBRE, GPS and PropNex are marketing agents for The Nautical.

The project's development is managed by MCC Land, a unit of Chinese state-owned enterprise Metallurgical Corporation of China or MCC Group. MCC Land is also the developer of Canberra Residences, which is next to The Nautical. The 320-unit Canberra Residences, which was released in January at an average price of around $830 psf, is about 90 per cent sold. Both condo projects are on 99-year sites and are five storeys high.

[solsys]

Some 50-plus units have been sold at The Nautical at an average price of about $860 per square foot since its preview began last weekend.

Over at Jalan Sendudok in Sembawang, Hao Yuan Investment, controlled by mainland China parties, is said to have issued options for about 50-plus units for The Nautical condo. The developer is understood to be deciding when to hold an official launch of the project, which will be accompanied by the start of an advertising campaign.

The average price of about $860 psf for the five-storey project, which will have 435 apartments, is after a 5 per cent early-bird discount.
Prices of a typical unit without private enclosed space or roof terrace will be in the $850-880 psf range on average.

The Nautical comprises one, two, three and four-bedroom units and penthouses (including 32 dual- key units). Absolute prices start from about $409,000 for a 420 sq ft one-bedder. The highest-priced unit, at slightly over $1.5 million, is a 1,916 sq ft penthouse.

Buyers of the 50-plus units are mostly HDB upgraders, comprising predominantly Singaporeans.

CBRE, GPS and PropNex are marketing agents for The Nautical.

The project's development is managed by MCC Land, a unit of Chinese state-owned enterprise Metallurgical Corporation of China or MCC Group. MCC Land is also the developer of Canberra Residences, which is next to The Nautical. The 320-unit Canberra Residences, which was released in January at an average price of around $830 psf, is about 90 per cent sold. Both condo projects are on 99-year sites and are five storeys high.

CR = avg S$830psf in Jan 2011
8cy = avg S$790psf in Apr 2011
Nautical = avg S$860psf in Dec 2011

While the rest of SG are recovering from their overshot levels, North probably will rise steadily in the six months down the road..... avg S$900psf, i.e. May 2012. In fact, Woodlands launches are already at S$900psf.

[devilplate]

only 50+ units....

where r the homebuyers?

looks like only investors still buying....for eg. hillier

[kane]

Their asking and for that size. Any rational home buyer also shouldn't be iinterested...