The Sanctuary, Lor 30 Geylang, 21 units

[mcmlxxvi]

D14.New The Sanctuary at Lorong 30 Geylang.

Freehold. Single 8 storey 21 units apartment block.
18 units 1 room 517 ~ 678 sgft.
2 units 1 room PH 1,205 ~ 1,324 sqft.
1 unit 2 rooms 1,227 sqft.

Walking distance to Aljunied and Dokota MRTs. Near
many amenities. Close proximity to Kallang/Paya Lebar
Industrial Hubs and Central Business District.
T.O.P. year 2014.
Price : $1,034 psf up.

[anythingwhatever]

Checked the floor plan, noticed that some units have triangular edges...

[anythingwhatever]

ZERO units sold in Jan - Feb, well beaten by GE craze...

[anythingwhatever]

Is the project dead? (zero units sold for 3/4 months straight)

[anythingwhatever]

Updates as at June 2012: Construction is well underway and targeting completion by Apr 2013, despite virtually no sales,

[TheOnlyGayInTheVillage]

[pinkpolkadot]

Is the project dead? (zero units sold for 3/4 months straight)

What is wrong with this development?

[TheOnlyGayInTheVillage]

What is wrong with this development?

Too few units. Maintenance may be high. However since no facilities, should be alright...

[TheOnlyGayInTheVillage]

Renowned architect Ong2

http://www.ong-ong.com/portfolio_detail.php?id=474

[anythingwhatever]

Type A has odd shape.

Though the point block design is rare.

Out of 21 units launched since Nov 2011, only 1 unit was sold in Mar 2012, yet construction has began regardless...

[TheOnlyGayInTheVillage]

Verdict, good buy at 10xx psf. If u dont need the facilities.

[anythingwhatever]

Verdict, good buy at 10xx psf. If u dont need the facilities.

Project Site says:

With prices starting from $1035 psf for a Freehold Typical Suite, making this an attractive and lucrative investment for the astute buyer.

[bargain hunter]

still only 1 out of 21 sold after may.

[anythingwhatever]

still only 1 out of 21 sold after may.

Can be quite scary for the lone buyer...
Imagine upon TOP, still just 1 unit sold...

[TheOnlyGayInTheVillage]

Can be quite scary for the lone buyer...
Imagine upon TOP, still just 1 unit sold...

Luxury. Enjoy all the facilities by yourself. Oh wait. No facilities in this project.

[mantrix]

thought 10xx psf is good buy?

[Kanarazu]

thought 10xx psf is good buy?

100% mechanized car park

[bullman]

Offered to bulk buy earlier this year but developer rejected. I think that that they are not really in a hurry to sell.

[hyenergix]

Offered to bulk buy earlier this year but developer rejected. I think that that they are not really in a hurry to sell.

Developer is more bull than you.

[mantrix]

100% mechanized car park

thought should be more expensive? :P

[bullman]

Developer is more bull than you.

The developer is not realistic IMO. With the same amount, I went ahead with a unit at Grange Infinite instead, given the recent price reduction.

[anythingwhatever]

Updates July 2012: Developer still bulling ahead with constructions, giant concrete blocks are in...

[azeoprop]

Expected date of completion 25th april 2013?! So fast?

[carbuncle]

Expected date of completion 25th april 2013?! So fast?

21 units nia... y not

[bargain hunter]

still only that 1 unit sold. nothing sold in June.

21 units nia... y not

[ixxx]

finally got 1 more unit sold in july

[azeoprop]

THE SANCTUARY @ GEYLANG LORONG 30 GEYLANG Apartment 1 635,000 560 Strata 1,134 Jul-12

THE SANCTUARY @ GEYLANG LORONG 30 GEYLANG Apartment 1 731,000 678 Strata 1,078 Apr-12

[carbuncle]

Good and spacious layout. No facilities only.

[anythingwhatever]

Sep 2012: Piling Work in progress, completion date on board stays the same...

[bargain hunter]

1 more sold in sep at 1102psf bringing total to 6 out of 21 sold.