what is the quantum or psf for 1br pool facing low floor?
Music of the night
what is the quantum or psf for 1br pool facing low floor?
Ride at your own risk !!!
Newbie
About 10k more than non pool facingOriginally Posted by phantom_opera
Junior
Looks like market can still absorb the onslaught of supply in northeast. Another EC site coming up. Never ending.
Newbie
thx, bro. very detail and helpful
Music of the night
thanks ... 1br face outside will be sold out soon too ... I already said 550k is the sweet spot, 8RS 1br now > 600k
Ride at your own risk !!!
Newbie
Stand aside and watch. There's all you do. Keep doing just that.LOL you must be vested.
I like Punggol but I won't invest there, that's all
Newbie
Precisely. Good deal as well!
Newbie
Parc Centros likely the last near-MRT project in Punggol. For those who love Punggol like bro Mantrix, and have the dough, seriously consider it. It's attractively priced for that kind of proximity. Ahem, not an agent.
reporter
http://www.businesstimes.com.sg/prem...on-strong-pull
Published July 23, 2012
Over 60% of Parc Centros sold; location a strong pull
By Kalpana Rashiwala
Parc Centros: The project's three- and four-bedders were the fastest to move - WEE HUR
PARC Centros blazed the trail in private homes sales last week.
More than 370 of the condominium project's 618 units are said to have found buyers. This means that that over 60 per cent of the 99-year leasehold project, released at a $950 psf average price last week, has been taken up.
Word on the ground is that unlike typical mass-market condo launches, it was the project's three- and four-bedders which were the fastest to move - whereas one-bedders have been selling at a slower pace.
The 16-storey condo has one to five-bedroom units in addition to penthouses. Absolute prices start from $550,000 for a one-bedroom apartment. Two bedders are priced from $750,000, while three and four bedders start from $880,000 and $1.22 million respectively.
Market watchers attribute Parc Centros' strong sales to the current popularity of Punggol, especially the project's proximity to the MRT station and future shopping facilities (at the upcoming Waterway Point mall). Most importantly, Parc Centros' $950 psf average price is considered relatively attractive compared with the Watertown condo, which was released in January achieving a median price of $1,169 psf in the initial month, quickly rising to $1,341 psf the following month. As at end-June, 943 of the Watertown's 992 homes had been sold, according to developer sales data released by the Urban Redevelopment Authority.
However, Watertown comprises mostly one and two-bedders, and typically smaller units sell at higher psf prices. Watertown and Waterway Point are being developed by a Far East Organization, Frasers Centrepoint and Sekisui House joint venture. Parc Centros is being developed by construction and property group Wee Hur Holdings.
Meanwhile at Flora Drive in the Upper Changi Road vicinity, Koh Brothers is said to have sold more than 170 units at its Parc Olympia condo project as at early yesterday evening. The project has been on the market for over a week.
Koh Brothers released 234 of the project's 486 units in two stages the previous week - 118 units on July 12 at an average price of $820 psf after a 16 per cent early-bird discount, followed by 116 units released on July 15 with the discount clipped to 15 per cent.
Parc Olympia, which will be developed next to the Japanese School, has six blocks of eight storeys and two seven-storey blocks. Meanwhile, United Industrial Corporation has begun selling its 99-year leasehold V on Shenton condo on the former UIC Building site at Shenton Way since Friday to business associates, ex-tenants and minority owners of the site and VIPs.
As at yesterday evening, 90-plus units are said to have been sold out of about 130 released on 10 levels (anywhere from the 17th to 46th floors of the 54-level project). The average price is around $2,200 psf. UIC has closed the showflat, which is at The Gateway on Beach Road, and is expected to re-open it this weekend.
Junior
price will be >$800 psf?
Newbie
Prive or Twin Waterfalls are about 6 min walk to MRT.
The new EC is not as close- Punggol "central" yes, but walk takes at least 10 min.
Developer- Prive- NTUC. Twin waterfalls-Frasers. Upcoming one-Qingjian.
I think pricing should be in 700-800 psf range.
Newbie
Yes, the new EC would be further away, though a 10 minute to 15 minute walk is still acceptable (at least for me).
There will be at least 2 more ECs in the future in Punggol if I am not mistaken - 1 south of Twin Waterfalls (besides TPE) and one close to Flo Residence.
tweet @condoexchange
does any1 know the actual and forecast population of Punggol for next 5 yrs?
Junior
A lot... Gonna to be the next Tampines but w better planning.
Newbie
Still got space to build commercial hub meh? lol
English Tampines
Chinese 淡滨尼
Pinyin Dānbīnní
Malay Tampines
Tamil தெம்பினிஸ்
Total area 12 kmē
Residential area 5 kmē
Population 216,100
Dwelling units 61,485
Projected ultimate 83,000
Punggol
Total area: 9.57 kmē
Residential area: 4.74 kmē
Dwelling units: 16,017[1]
Projected ultimate: 96,000
Population: 51,700 (31 March 2006
Last edited by yjcai; 23-07-12 at 19:45.
Affordable means small
Newbie
definitely notwould the peeps who bought ATT and WT be giving themselves a double face palm?
Newbie
yes. the site south of twinwaterfalls will be hot.
my opinion is that prive and twinwaterfalls are the two best EC sites in punggol. with twin waterfalls having the advantage of nicer landscaping and proximity to expressway.
Newbie
yes, wt's 1 bedder and att's 2 bedder are much better than parc centrosdefinitely not
Banned
Too near expressway will be very noisy for whole day!
Music of the night
Wee Hur DAMN LUCKY, if they delay launch by one week, and everybody see tomorrow ST big big bearish news sure cannot sell so well, the timing is SUPER
IT IS THE END TO SPAIN
DAX plunged 4%, Dow plunged 3%, Greek plunged 7%
Spain Bans Short-Selling for Three Months, Possibly Longer
Last edited by phantom_opera; 23-07-12 at 21:54.
Ride at your own risk !!!
Junior
What is happening to spain? How can it impact Singapore market then?
Newbie
Agree that proximity to MRT and amenities is really key. It's not about resale value. Speaking from experience, it's about your own time saved. No need to take feeder bus/LRT, drive out to buy food/groceries. Over your lifetime, it's a lot of time/effort saved to do other things. Frankly, if I dun have money to buy a condo near MRT/amenities, I would rather buy a HDB than buy a condo near nothing. Me also not agentParc Centros likely the last near-MRT project in Punggol. For those who love Punggol like bro Mantrix, and have the dough, seriously consider it. It's attractively priced for that kind of proximity. Ahem, not an agent.
Newbie
Will they be the new champion for returned units
Emeritus Senior
really? Glad to hear that!definitely not
But then why did Wee Hur chairman say that they bought the land 13% cheaper which translates into cheaper prices? Or maybe their preview prices lower than 950psf i believe?
I am rich in debts...
Junior
Minus commercial space, the projected ultimate of Punggol already exceed Tampines!
Junior
Olympia and PC mostly buy for own stay, I think shd be ok. Look at the BT rpt about low no of small units sold and u can tell many are upgraders.Will they be the new champion for returned units
Newbie
yep, i got my 2BR at such psf in WT.
Newbie
sorry double post
Newbie
May be actual sells is not as good as what they claimed.
Newbie
well it all depends. maybe i shld be more specific- accessible rather thab near. twinwaterfalls is separated by the new EC site from TPE
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