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Thread: Aalto (D15, Freehold, Hong Leong)

  1. #1
    Makelele
    Guest

    Default Aalto (D15, Freehold, Hong Leong)

    What's up with this? Have they sold any VVIP units yet?

  2. #2
    Unregistered
    Guest

    Default Re: Hong Leong Meyer Rd condo (Eastern Mansion site)

    I heard something about them launching soon. the name is something like Silver something.

  3. #3
    Unregistered
    Guest

    Default Re: Hong Leong Meyer Rd condo (Eastern Mansion site)

    Quote Originally Posted by Makelele
    What's up with this? Have they sold any VVIP units yet?
    What's up? Waiting for crazy people to buy at crazy prices lar. ou waiting for what? You think this one cheap cheap huh. This one very expensive one. Maybe can sell at record - $15000 psf. Try lar. Can sure hit one. One day sell out. Can increase to new record some more - $20000 psf. Crazy? Mkt crazy already what. Foeigners will buy - don't worry. Maybe just start with 25000psf lar.

  4. #4
    Unregistered
    Guest

    Default Re: Hong Leong Meyer Rd condo (Eastern Mansion site)

    SILVER SEA is the name of Far East project at former
    Amberville site ( Marine Parade rd )

    Some agents claim launch will be at 1200psf onwards
    for this 99 yr lease condo - launch expected 3rd quarter.

    Hong Leong's Eastern Mansion site is FH and the price will
    command similar to SeaFront Meyer.

  5. #5
    Observer.
    Guest

    Default Re: Hong Leong Meyer Rd condo (Eastern Mansion site)

    Quote Originally Posted by Unregistered
    SILVER SEA is the name of Far East project at former
    Amberville site ( Marine Parade rd )

    Some agents claim launch will be at 1200psf onwards
    for this 99 yr lease condo - launch expected 3rd quarter.

    Hong Leong's Eastern Mansion site is FH and the price will
    command similar to SeaFront Meyer.

    Seafront On Meyer is $1,300 to 2,200 psf.
    HongLeong one will be slightly higher at $1,500 to $2,400 psf.

  6. #6
    Unregistered
    Guest

    Default Re: Hong Leong Meyer Rd condo (Eastern Mansion site)

    eastern mansion will be priced at about 2000psf on average for the mid floors

  7. #7
    Investor.
    Guest

    Default Re: Hong Leong Meyer Rd condo (Eastern Mansion site)

    Quote Originally Posted by Observer.
    Seafront On Meyer is $1,300 to 2,200 psf.
    HongLeong one will be slightly higher at $1,500 to $2,400 psf.

    Wah!
    Better buy one of the Meyer condo to hedge against its price. Either Meyer Residences, The Belvedere, The View @ Meyer, etc..

  8. #8
    URA
    Guest

    Default

    Private Residential Units Sold in the Month of May 2008

    Project Name . Locality . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
    Aalto ................ RCR ....... 1 ................................ 2,436 ............ 2,436 ............ 2,436

  9. #9
    Newbie

    User Info Menu

    Default

    wow good price

  10. #10
    Sovereign
    Guest

    Default Sovereign

    Thakral seeks up to $99m for rest of Sovereign*unitsPosted by lushhomeonline on June 28, 2008THAKRAL Land is selling the remaining 17 apartments it owns at The Sovereign, a freehold condo in Meyer Road that it developed more than a decade ago.Based on asking prices of $1,300-1,500 psf for lower-floor units and $1,800-2,500 psf for upper floor units, the total price works out to between $75 million and $99 millionThakral is open to selling the units individually or to a single party. Market watchers reckon a bulk buyer who takes the whole 17 apartments would get some discount.All the units are leased or about to be leased. Based on current monthly rents of $3.20 to $4.50 psf, the net yield works out to around 2.5 per cent, says Jones Lang LaSalle’s Singapore and South-east Asia managing director Chris Fossick, whose firm is sole marketing agent for the 17 apartments, each of which has four bedrooms.A party that buys all 17 units may also hold the key to a potential collective sale of the condo, which has a total of 87 units. The 17 units that Thakral is offering represent 19 per cent of share value and about 26 per cent of the total sq ft area.There is redevelopment potential as the site’s current Masterplan plot ratio - ratio of maximum potential gross floor area to land area - is 2.8, which is higher than the 1.8 plot ratio tapped by the existing property.The unutilised plot ratio may be tapped by building an additional block or tearing down the existing project and redeveloping the 143,918 sq ft site into a brand new condo.The 30-storey Sovereign, at 99 Meyer Road, received its Temporary Occupation Permit in 1993.It is next to a 115,300 sq ft plot of land at 97 Meyer Road sold by Della Suantio Lee last year to Hong Leong Group for around $200 million. The price worked out to around $760 psf of potential gross floor area, including development charges (DC), according to an earlier report.Dr Lee is the wife of Lee Foundation chairman Lee Seng Gee.Source : Business Times - 28 Jun 2008

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