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Thread: Queens Peak By MccLand

  1. #1
    Join Date
    Jun 2016
    Posts
    48

    Default Queens Peak By MccLand

    Located in District 03, Queens Peak is a 99 year leasehold development that's right next to Queenstown MRT. It is also next to Commonwealth Towers, a development by CDL. Sitting on a site area of 10,516sqm, Queens Peak at Dundee Road will be developed into a 736 units twin towers of 44 storey high residential units.
    It will also boost of 7 zones of 77 facilities including a 50m lap pool, a childcare centre and 1 shop unit within its development. Unit types ranges from the smallest investor type of 1 bedroom units to the super luxurious 6 bedroom penthouse unit. Queens Peak Pricing will also be attractive and priced to market.

    To view queens peak showflat, visit sgpropertieslaunch.com

  2. #2
    Join Date
    May 2011
    Posts
    104

    Default

    Comparing Queens Peak and Commonwealth Towers, feel that Commonwealth Towers has the edge. Both are directly opposite Queenstown MRT station, so same walking distance. But the floor plan layouts for the 3 bedroom units at Commonwealth Towers look better. Even the 3 bedroom standard (the one without utility room, that can be seen in the Commonwealth Towers showflat) has enclosed kitchen, compared to open plan kitchen for Queens Peak. Most 3 bedders are occupied by families, and families tend to prefer enclosed kitchens.

    Also, Commonwealth Towers is developed by a more well-known and tested developer, Hong Leong & CDL. Finishing-wise, Commonwealth Towers provides typical Hong Leong / CDL quality, like timber flooring for the bedrooms. Pricing-wise, there's not much difference between them.

  3. #3
    Join Date
    May 2012
    Posts
    4,035

    Default

    If both are new, the older one is definitely more value for money.

    Price not going up but the value that can be derived confirmed going down still.

    Landed, HDB, EC, PC all same trend...
    The three laws of Kelonguni:

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

  4. #4
    Join Date
    May 2011
    Posts
    104

    Default

    Another development is going to launch nearby, that's looks better located than Queens Peak or Commonwealth Towers. This one is in front of Redhill MRT station, directly beside it, no road in between even. Mixed development, with the condominium called Artra condo on top of the commercial units at the ground level. Supposed to have a supermarket too - apparently URA specified that the supermarket should not be less than 1000 sq ft.

    URA also specified max of 400 units, so looks like the Artra floor plan sizes will be bigger than for most new developments nowadays, not so mickey mouse. The developer is a bit of an unknown - Tangs Skyline, part of the Tang Holdings Group. Not related to CK Tang. Launch likely to be after 2017 CNY.

  5. #5
    Join Date
    Nov 2016
    Location
    Grandeur Park Residences
    Posts
    13

    Default

    Artra Condo is a 99-years leasehold condo that is put out by URA for sale under the government land sales programme under the confirmed list. Based on the land size of 442,967 and built up area of the development, analyst see a potential number of units of around 400 units. The price tag that the developer has bid for is $373.1 million and this works out to be around $842.28 psf ppr for the plot of land.A closer look at the latest bids received show that developers were upbeat on the local property market particularly in the city fringe area around Redhill. There were a total of 10 bidders for the plot of land and due to the number of bids, this is seen as a healthy interest in the plot of land as there is confidence among the developers. This development is a mixed development and there will be shops and restaurants and other retail space on the first floor. The top 5 bids were also separated by a mere 5% margin which suggest developers are aggressive on the bids to secure the premier land for developing.

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