Promenade @ Pelikat (Former Pelikat mansion)

[Erick]

One more:

SHOP 01 to 05 205 708,000 3453.66 Apr 2013

Caveat Information
Results 1 - 4 of 4 Found.
Type Floor Range Sq.ft $ Transac $ psf Caveat Mth/Yr
SHOP B1 205 735,000 3585.37 Mar 2013
SHOP 01 to 05 194 670,000 3453.61 Mar 2013
SHOP 01 to 05 258 785,000 3042.64 Apr 2013
SHOP 01 to 05 269 800,000 2973.98 Apr 2013

[proxon]

Few weeks ago, someone went round the estate to sign a petition to open a road for cars to access Hougang St. It would be great if this gets approval.

[Liverpool00]

Few weeks ago, someone went round the estate to sign a petition to open a road for cars to access Hougang St. It would be great if this gets approval.

hougang under opposition right? I doubt any approval can happen

anyone got any updated pics of this development?

[Kanarazu]

hougang under opposition right? I doubt any approval can happen

anyone got any updated pics of this development?

Can try the newly formed PAP Aljunied kamikaze squad.

[Eh]

I think chances quite low for road extension.

[proxon]

I think chances quite low for road extension.

Low probably but hopefully they look at it objectively.
It benefits the vast majority as there is currently only one access into the estate and it jams during school hours. Hard to imagine the Pelikat owners have to drive one very large loop just to 'cross the road'.

[Liverpool00]

Low probably but hopefully they look at it objectively.
It benefits the vast majority as there is currently only one access into the estate and it jams during school hours. Hard to imagine the Pelikat owners have to drive one very large loop just to 'cross the road'.

I have read that shop owners are allowed to operate any kind of business here. is that true? afraid this might turn out to be another upper serangoon shopping centre

[Liverpool00]

Just passed by yesterday

structure is built up to the first floor.
Seems like should be able to TOP next year

[Regulators]

anyone bought the shop units? problem with putting all the shop units up for sale is there will be all kinds of rojak businesses which cannot be controlled by the developer as long as the businesses are legal.

[Liverpool00]

anyone bought the shop units? problem with putting all the shop units up for sale is there will be all kinds of rojak businesses which cannot be controlled by the developer as long as the businesses are legal.

I doubt the commercial units will do well here. there is no anchor tenant.
Also, only one entrance from Charlton road...

[mcmlxxvi]

For own stay I think its quite a nice quiet neighbourhood with a short leisurely walk to Kovan heartland.

[Dys]

Anyone can advice what is the market Psf for resi for this project.

[Kelonguni]

anyone bought the shop units? problem with putting all the shop units up for sale there will be all kinds of rojak businesses which cannot be controlled by the developer as long as the businesses are legal.

Yes but also limited by authorities and heartland general regulations.

May be very specialised businesses. Might be good not to have another copycat mall.

I think the residential component can succeed and the prices are very affordable.

[Liverpool00]

Any commercial owners care to share the business model they are operating here?

[Liverpool00]

Details
Property Name: The Promenade @ Pelikat
Property Type: Condominium
Price: S$ 1,300,000 Price on Application
Price (psf): S$ 1,403.89 psf (built-up)
Floor Area: 926 sqft / 86.03 sqm (built-up)
Condition: N.A.
Developer: Oxley Vibes Pte Ltd
Tenure: Freehold
TOP Year: 2016

Saw this on propertyguru.

So fast take profit??

[Liverpool00]

Any successful sub-sale residential units?

[Erick]

Any successful sub-sale residential units?

no, at least from caveat records logged this year.
this is partially due to the ssd imposed.

And one more shop transacted:
B1
291sqft
July 2013
1.08m!

[aunhyunty]

Residential units pricing dirt cheap after seeing tembusu launch prices. So what's the hurry to sell.

[serene33_cps]

anyone has updates on the current construction?

[Liverpool00]

Details
Property Name: Primo Residences
Property Type: Condominium
Price: S$ 736,888 Guide Price
Price (psf): S$ 1,369.68 psf (built-up)
Floor Area: 538 sqft / 49.98 sqm (built-up)
Condition: Partially Furnished
Developer: Taipan International Associates Pte. Ltd.
Tenure: Freehold
TOP Year: 2013

next door going at 1369psf

[Sleepyhead]

anyone has updates on the current construction?

Basement is completed. Now working on Level 1.

[serene33_cps]

Basement is completed. Now working on Level 1.

cool....hope it will be able to TOP by end 2014

[Liverpool00]

cool....hope it will be able to TOP by end 2014

According to URA, expected TOP is 2015.

[Throttle]

Few weeks ago, someone went round the estate to sign a petition to open a road for cars to access Hougang St. It would be great if this gets approval.

Thats actually not good for private estates.

[Throttle]

Just passed by yesterday

structure is built up to the first floor.
Seems like should be able to TOP next year

Dont talk cock.

I passed by last week. 18th Oct 2013.

Construction not moving. Dont see any structure. Everything like warzone , raze to the ground.

[Liverpool00]

Any updates on the development progress?

[blackie]

Jalan Pelikat leading to Hougang Ave 1 is in Draft Master Plan 2013

[Erick]

I didn't expect it comes so soon!

Jalan Pelikat leading to Hougang Ave 1 is in Draft Master Plan 2013

[Kelonguni]

Wow. Definitely the best hidden gem of 2012!

[Liverpool00]

Jalan Pelikat leading to Hougang Ave 1 is in Draft Master Plan 2013

Great news. Promenade will be alot more accessible by car in this manner.

I believe commerical tenants will be very happy,