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Thread: M21 Residences (D11, Freehold, Fortune Capital Pte Ltd)

  1. #1
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    Default M21 Residences (D11, Freehold, Fortune Capital Pte Ltd)





    Description:

    Another exclusive development by the Fortune Group in the Prestigious district 11 ( Novena/ Balestier ) area within minutes to the City and the Prime shopping belt of the renown Orchard Road as well as the numerous eateries and lighting accessories / bath room fittings retail shops and the Shaw Plaza shopping centre nearby. Its convenience and coupled with the spacious ,efficient layout of the apartment units – its an obvious choice address for the aspiring few.


    Address: 21 Mandalay Road

    Tenure: Freehold

    Site Area: 2,435.3sqm / 26,429 sqft


    Type of Development:

    An 18-storey residential apartment development with communal facilities

    Number of Units: 61

    Unit Area:

    Type


    Total units


    Area ( Sqft )

    1bdrm+study ( A / A1 )


    14 / 1


    710 / 743

    2bdrm+study ( B / B1 )


    14 / 1


    1,066 / 1,206

    3bdrm+study ( C / C1/ P3 )


    14 / 1 / 1


    1,346 /1,453 / 2,347

    4bdrm+study ( D / P1 /P2 )


    13 / 1 / 1


    1,755 / 3,175 / 3,025


    Facilities:

    Lap Pool with infinity edge Jacuzzi pool / Children’s Pool / Children’s playground / Club house with function room and Gymnasium – all on 2nd level sky terrace


    Floor Finishes:

    Compressed Marble – Living/Dining Room/Study room Floor Finishes Marble tiles – Master bathroom Tasmanian Oak - Bedrooms Homogeneous / Ceramic tiles – Kitchen/ common bathroom

    Other Information: Estimated TOP 1st April 2012

  2. #2
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    Default Re: M21 Residences (D11, Freehold, Fortune Capital Pte Ltd)

    wat's the launching price-psf. anymore unit avail..? can foreigner buy?

  3. #3
    M21
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    Quote Originally Posted by Unregistered
    wat's the launching price-psf. anymore unit avail..? can foreigner buy?
    This whole block was sold to one foreigner inventment company with average price around 1500psf in last year/.

    If you like this project only, then you should wait for sub-sale unit, but,,
    you can find other bether condos near there..

  4. #4
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    think that foreigner losing $ now if he bought at 1500 psf... wondering what he intends to do with so many units..

  5. #5
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    Hello ppl,

    sorry to dig up an old thread, but I'd like to hear what you all think about this project.

    A friend is thinking of purchasing a unit at M21, #12-01, 2+1 bdrm with floor area of 1066 sqft, quantum is about $1.476M, so that's about 1385 psf.

    There's already a tenant living there so got instant income, was told the monthly rental for that unit is about $4.5k.

    Apparently a foreign investment company is selling it at a loss.

    I've got my own opinion, but I'd appreciate it if I could hear from you guys first. Thanks.

  6. #6
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    Quote Originally Posted by jencrs
    Hello ppl,

    sorry to dig up an old thread, but I'd like to hear what you all think about this project.

    A friend is thinking of purchasing a unit at M21, #12-01, 2+1 bdrm with floor area of 1066 sqft, quantum is about $1.476M, so that's about 1385 psf.

    There's already a tenant living there so got instant income, was told the monthly rental for that unit is about $4.5k.

    Apparently a foreign investment company is selling it at a loss.

    I've got my own opinion, but I'd appreciate it if I could hear from you guys first. Thanks.
    can get better price at pavilion 11 now or montebleu 2bedder 850sqft type? i personally prefer P11 over this project in terms of view and overall project attractiveness....there is one small project D ixoras i tink still got 2bedder selling ard 1200psf...check out other options yay..

    still got 1+study selling at M21? if yes...den not bad coz i remember the facing for 1+study is much better den the 2bedder in M21...was tempted to get one few mths back but cannot get the price i want

    by the way, 4.5k for a 2bedder at M21 is very high....u may not get back the same rental later on...conservatively shd be 3.8k-4k

  7. #7
    Junior

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    Quote Originally Posted by jencrs
    Hello ppl,

    sorry to dig up an old thread, but I'd like to hear what you all think about this project.

    A friend is thinking of purchasing a unit at M21, #12-01, 2+1 bdrm with floor area of 1066 sqft, quantum is about $1.476M, so that's about 1385 psf.

    There's already a tenant living there so got instant income, was told the monthly rental for that unit is about $4.5k.

    Apparently a foreign investment company is selling it at a loss.

    I've got my own opinion, but I'd appreciate it if I could hear from you guys first. Thanks.
    If you have budget close to $1.4M, go for the highest possible flr 2-bdrm at P11.. you have the million dollar view.
    Height of M21 #12 is eqivalent to P11 #05 only

  8. #8
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    Thanks guys.

    I should have added that while my friend is happy with an existing tenant and he already has another place to stay in, he would like the option to be able to move into the next thing he buys some time in the future. So it's a little mix of the self stay and investment mentality. Ya I know..... haha.

    For Montebleu, I prefer it over M21, but my friend doesn't like it for some reason. D'Ixoras was not considered mainly because of the mechanical carpark. Pavillion 11, an appt will be made to view, and I will tag along of course to kaypoh. Not sure if any of the 1+study is available, my friend's priority were the 2 bdrms. But I will check it out since you mentioned it.

    Anyway, P11 sounds pretty popular, will impress that upon my friend.

    The M21 subsale is moving reallly slowly according to the caveats lodged tho. Is there any big flaw with the project itself, it's location etc?

  9. #9
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    Quote Originally Posted by jencrs
    Thanks guys.

    I should have added that while my friend is happy with an existing tenant and he already has another place to stay in, he would like the option to be able to move into the next thing he buys some time in the future. So it's a little mix of the self stay and investment mentality. Ya I know..... haha.

    For Montebleu, I prefer it over M21, but my friend doesn't like it for some reason. D'Ixoras was not considered mainly because of the mechanical carpark. Pavillion 11, an appt will be made to view, and I will tag along of course to kaypoh. Not sure if any of the 1+study is available, my friend's priority were the 2 bdrms. But I will check it out since you mentioned it.

    Anyway, P11 sounds pretty popular, will impress that upon my friend.

    The M21 subsale is moving reallly slowly according to the caveats lodged tho. Is there any big flaw with the project itself, it's location etc?
    biggest flaw of M21 is the pricing....if pricing is attractive..i wud hf bot a 1+study unit there oredi...selling similar or even higher psf compared with big brothers like P11 and montebleu when i am looking at it

    but since P11 and montebleu prices oredi hit 13xxpsf now....M21 1+study worth considering oredi if there is still available units and if prices stay the same as 13xxpsf

  10. #10
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    12th flr 2 bdrm unit at about 1357psf. Unit's 1066 sqft i think.

    What do you guys think of the price?

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