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Thread: Commonwealth Towers - 99LH - 43storeys -Hongleong/CDL- Queenstown MRT

  1. #121
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    This response quite in sync with market conditions.

    Anyway those who didn't want to buy Alex high floors had turned to CT. Then those who are not willing to buy CT high floors will turn to The Crest end of this month. Then those who dowan to spend lots on The Crest will switch to Highline next month.

    Liquidity is limited, but still avail in this market. Only seeking where to be placed.

  2. #122
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    Quote Originally Posted by sunboy77 View Post
    This response quite in sync with market conditions.

    Anyway those who didn't want to buy Alex high floors had turned to CT. Then those who are not willing to buy CT high floors will turn to The Crest end of this month. Then those who dowan to spend lots on The Crest will switch to Highline next month.

    Liquidity is limited, but still avail in this market. Only seeking where to be placed.
    But the Crest and Highline entry point likely to be higher.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  3. #123
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    really find the unit size way too small.
    “Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.”
    ― Martin Luther King, Jr.

    OUT WITH THE SHIT TRASH

    https://www.facebook.com/shutdowntrs

  4. #124
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    Default Brisk sales at Commonwealth Towers on Day 1

    http://www.businesstimes.com.sg/arch...day-1-20140502

    Published May 02, 2014

    Brisk sales at Commonwealth Towers on Day 1

    By Malminderjit Singh

    [email protected] @MalminderjitBT


    [SINGAPORE] Commonwealth Towers, Hong Leong Holdings' high-rise condominium project, took off on its first day of sales yesterday. As at 8pm yesterday, out of the 300 units initially launched, 175 units had been snapped up, with more than 100 buyers in the process of having options issued.

    In view of the demand, developers extended yesterday's sales hours and added another 100 units to the launch, said Betsy Chng, head of sales and marketing at Hong Leong Holdings. The units are priced between $1,635 per square foot (psf) for a one-bedroom apartment to $1,690 psf for a four-bedroom unit. The strong sales followed the keen initial interest the project drew on its first-day preview on April 13. More than 1,500 people visited the showflat, prompting Hong Leong to extend the preview time by two hours.

    The sales of Commonwealth Towers may help boost market sales figures for this quarter as the first quarter of the year saw a slide in the number of launches and sales.

    According to the Urban Redevelopment Authority, developers launched 1,964 uncompleted private residential units for sale and sold 1,744 in the first three months this year, fewer than the 2,631 units launched and 2,568 sold in the previous quarter.

    Jointly developed by members of the Hong Leong Group - Hong Leong Holdings, City Developments Limited and Hong Realty - Commonwealth Towers sits on 130,101 square feet of land and is linked to Queenstown MRT Station by an overhead pedestrian linkway.

    The lure of Commonwealth Towers, located on Commonwealth Avenue, is city-edge living as it is a short drive away from the Ayer Rajah Expressway and Pan Island Expressway, and is within easy access of amenities such as shopping malls like Anchorpoint, Ikea and the upcoming Alexandra Central.

    "Commonwealth Towers is located in a well-established residential estate. It is close to the upscale Tanglin precinct and a short drive to Singapore's premier shopping district, Orchard Road. It is ideal for buyers who are discerning of location," said Ms Chng.

    The 99-year-leasehold condominium development comprises 845 units in two blocks of 43-storey buildings. With full condominium facilities, this latest Hong Leong development has one to four-bedroom apartments with unit sizes ranging from 441 sq ft for a one-bedroom unit, priced at $721,000, to a 1,302-sq-ft four-bedroom apartment, costing $2.2 million.

    Commonwealth Towers features four sky terraces centred on lifestyle themes - wellness, relaxation and dining - and a clubhouse with a 50-metre lap pool, a lifestyle free-form pool, a hydrotherapy pool with an aqua gym, as well as an outdoor fitness area. The Temporary Occupation Permit for the development is expected in December 2017.

  5. #125
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    Hi,
    Any update how many units sold so far?
    Thx.

  6. #126
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    In the real estate business, no news is bad news. (Bad news is also good news to others)

  7. #127
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    Smile

    just an additional information and my two cents opinion for commonwealth towers; the joint developers for commonwealth towers has bidded the land at a much lower price which is at $883psf ppr compare to the latest bidded land at redhill and tiong bahru at $960psf ppr and $1163 respectively. with this supporting fact, i feel that those who have bought a unit there will stand a strong foothold to capitalize the opportunity due to the fact that, the two coming launches will definitely price it at a higher price to sell as to compare to commonwealth towers, and the fact that commonwealth towers is situated much nearer to the mrt or rather sheltered to mrt.


  8. #128
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    A quick review of Commonwealth Towers:
    http://www.propersquare.com/reviews/...-towers-review

    Cheers!

  9. #129
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    Reported to have moved 264 units. About 31%.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  10. #130
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    Quote Originally Posted by kaeden View Post
    just an additional information and my two cents opinion for commonwealth towers; the joint developers for commonwealth towers has bidded the land at a much lower price which is at $883psf ppr compare to the latest bidded land at redhill and tiong bahru at $960psf ppr and $1163 respectively. with this supporting fact, i feel that those who have bought a unit there will stand a strong foothold to capitalize the opportunity due to the fact that, the two coming launches will definitely price it at a higher price to sell as to compare to commonwealth towers, and the fact that commonwealth towers is situated much nearer to the mrt or rather sheltered to mrt.

    Nowadays developers still dare to take the highest selling price of neighbouring projects as their avg price? Gone are the days....

  11. #131
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    hi ~960psf was one of the highest bid for prince charles parcel A land which the developer is launching their project call The Crest soon. however, the prince charles parcel B land was bidded at ~821psf recently on april 2014.

    here's the article for it: http://www.stproperty.sg/articles-property/singapore-property-news/cooling-measures-hit-prince-charles-cres-tender/a/161034

    cheerios

  12. #132
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    Will the recent announcement by govt to relocate Queenstown SER flats to near to the Queenstown MRT and building of supermarket and hawker centre plus eateries means more facilties are in store ? Bodes well for Commonwealth Towers .

  13. #133
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    Quote Originally Posted by litechaser View Post
    Will the recent announcement by govt to relocate Queenstown SER flats to near to the Queenstown MRT and building of supermarket and hawker centre plus eateries means more facilties are in store ? Bodes well for Commonwealth Towers .
    Hi Litechaser,

    Yes HDB has announced its latest plans to transform the Dawson estate. This is part of its efforts to create a new and improved living environment for residents, while injecting greater vibrancy by attracting younger families to the estate. more infor: http://www.hdb.gov.sg/fi10/fi10296p....B?OpenDocument.

    With the transform, it indeed bodes well for Commonwealth Towers by creating more amenities and it will definitely benefits the residents around the area.

    For latest units availability and pricing for Commonwealth Towers, please contact Kaeden @ 9048 0660 for more information.

    Cheerios

  14. #134
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    The future HDB estate next to Commonwealth Towers looks gigantic. Looks like it will block the premium views of those units facing tanglin.

  15. #135
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    Quote Originally Posted by Rosegarden View Post
    The future HDB estate next to Commonwealth Towers looks gigantic. Looks like it will block the premium views of those units facing tanglin.
    Hi it really depends on the distance too. but one thing it never change is Commonwealth Towers has a sheltered linkway to Queensway MRT!


    For latest infor and units availability/pricing for Commonwealth Towers, please contact Kaeden @ 9048 0660 for more information.

    Cheerios

  16. #136
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    Quote Originally Posted by Rosegarden View Post
    The future HDB estate next to Commonwealth Towers looks gigantic. Looks like it will block the premium views of those units facing tanglin.
    It definitely will. When I visited the CT showflats months back, the sales was telling me no way that the empty plot will build high rise. Now, the empty plot is going to be higher than CT.

  17. #137
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    Quote Originally Posted by 4wheels View Post
    It definitely will. When I visited the CT showflats months back, the sales was telling me no way that the empty plot will build high rise. Now, the empty plot is going to be higher than CT.
    CT is never about view, It's all about the location, location and location...

  18. #138
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    Quote Originally Posted by litechaser View Post
    CT is never about view, It's all about the location, location and location...
    agree litechaser.

    for latest units availability and pricing for Commonwealth Towers, please contact Kaeden @ 9048 0660 for more information.

    cheerios

  19. #139
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    Cool

    Wait for developer to lelong
    When you have eliminate the impossible, whatever remains, however improbable, must be the truth

  20. #140
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    Excellent Location for both own stay and investment !!!

    Check out our Commonwealth Towers homepage to understand better on this locality and its convenience and possible potential growths !!!

    Call Us for Speedy Response:
    Developer Appointed Sales Team 9789 8770


  21. #141

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    What a tower it is? every folks like to dwell here.

  22. #142
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    It's a great location. I would have loved to apply for the HDB for the site released today. Wonder how it will be priced at with CT just beside it.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  23. #143
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    Hows the sales like in CWT. Does anyone know the count of units sold. Heard the developer very steady and no plans to reduce price.

  24. #144
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    Nothing beats the location. There seems to be some work going on at the Queenstown Bowl site too. Wonder whats coming up there.
    Quote Originally Posted by litechaser View Post
    CT is never about view, It's all about the location, location and location...

  25. #145
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    location is good. developer is good. price is good and can be better.
    but this obviously a project for investment which means many resident could be tenant especially FT
    would you mind buy CT to live in with a high mixture of tenant - and recent there are many issues with high tenanted condo

  26. #146
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    Quote Originally Posted by Santro View Post
    Hows the sales like in CWT. Does anyone know the count of units sold. Heard the developer very steady and no plans to reduce price.
    I heard developer even increased price for the 1 and 2 bedders !

  27. #147
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    Slightly less than half released. Even then not fully sold.

  28. #148
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    Bro, I have accepted it as a fact of life. I used to live in a condo where majority were locals but gradually most of them was replaced by FT, either owned or tenanted. I sold my condo to decouple and am currently renting another condo, also majority FT. I drive so I wont say that both the condo location is fantastic but FT is here to stay. Its all about pricing and convenience. If they can afford high rental, they rent near MRT else they rent further away. With the HDB restrictions around renting units, they don't have much option. I prefer landed but cannot afford.

    Quote Originally Posted by wt_know View Post
    location is good. developer is good. price is good and can be better.
    but this obviously a project for investment which means many resident could be tenant especially FT
    would you mind buy CT to live in with a high mixture of tenant - and recent there are many issues with high tenanted condo

  29. #149
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    Agent mentioned the 1 bedder,2 bedder and patio units are hot sellers...


    Quote Originally Posted by august View Post
    Slightly less than half released. Even then not fully sold.

  30. #150
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    Quote Originally Posted by Santro View Post
    Nothing beats the location. There seems to be some work going on at the Queenstown Bowl site too. Wonder whats coming up there.
    may be a mall since it's commercial title ?

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