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Thread: Parc Botannia at Fernvale

  1. #41
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    Interesting to find 3rd floor cheaper than 2nd floor.

    Keen to know the corresponding sales.

    Quote Originally Posted by azeoprop View Post
    Cheapest unit of the development was #03-34 at 546k

    #02-34 PES was 551k
    #02-17 PES was 554k
    #03-17 was 548k

    all at 431sqft
    The three laws of Kelonguni:

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

  2. #42
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    Quote Originally Posted by azeoprop View Post
    Cheapest unit of the development was #03-34 at 546k

    #02-34 PES was 551k
    #02-17 PES was 554k
    #03-17 was 548k

    all at 431sqft
    i assume by the time that agent posted on FB, the cheapest unit left was the #16 at 599k? saw an agent posting on FB that she delivered an option at 1am.

  3. #43
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    Their neighbours only pay below 3xxk for a studio 2 years back. lol. I am not sure how 550 to 600k is considered as investment savvy.

  4. #44
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    Mostly 400K onwards.

    Cheapest was 398K.
    The three laws of Kelonguni:

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

  5. #45
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    anyway, times are different now, no more 4xxk brand new in whole of sg?

  6. #46
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    Quote Originally Posted by bargain hunter View Post
    anyway, times are different now, no more 4xxk brand new in whole of sg?
    The only chance to see it again will be the next phase of revolution, when we have movement towards properties that 300 sqft or smaller available again.
    The three laws of Kelonguni:

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

  7. #47
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    Your numbers doesn't tally. The cheapest was 373k.

    Out of those studios, 25% are below 400k.



    Quote Originally Posted by Kelonguni View Post
    Mostly 400K onwards.

    Cheapest was 398K.

  8. #48
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    Quote Originally Posted by Kelonguni View Post
    The only chance to see it again will be the next phase of revolution, when we have movement towards properties that 300 sqft or smaller available again.
    OCR capped by the 700 sq ft average rule. so to average out, 4xx sq ft seems optimal as long as the rule stays.

  9. #49
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    Quote Originally Posted by bargain hunter View Post
    newspaper will probably report by monday. i dun expect it to be as hot as other projects on this first weekend as they have priced it to the max. developer knows that competition is minimal over the next 10 months or so. they have priced it to sell more slowly.
    agents feedback so far is > 200 units out of the 250 launched were sold yesterday. how much more than 200 i am not too sure. in line with my decent but not too hot expectation. let newspaper confirm the total number tomorrow haha.

  10. #50
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    I see. Apologies based on my impressions only.

    Nonetheless, the sizes for those of these prices are below 400 sqft so its not exactly comparable to the small units available at Parc Botannia right now.

    Again, it's based on impression that there are no units below 400 sqft at PB.

    Quote Originally Posted by thomastansb View Post
    Your numbers doesn't tally. The cheapest was 373k.

    Out of those studios, 25% are below 400k.
    The three laws of Kelonguni:

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

  11. #51

  12. #52
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    http://www.businesstimes.com.sg/real...weekend-launch

    "Buyers were mostly locals, and popular units included one-bedroom, two-bedroom, and four-bedroom units."

    looks like they overpriced the 3 bedders.

  13. #53

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  15. #55
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    updated Business Times version:

    Some 230 units of Parc Botannia sold at launch
    The 735-unit project in Sengkang saw average selling price of $1,270 psf
    There was better-than-expected demand for Parc Botannia, which led to about 50 more units being released. The project is targeted to be completed by end-2021.


    SINGAPOREANS thronging the weekend launch of Parc Botannia snapped up some 230 units of the Sengkang 99-year leasehold condominium over the weekend. The average selling price was S$1,270 per square foot.

    Lee Sze Hao, chief executive officer of Sing Holdings, told The Business Times that the initial plan was to release 250 of the 735 units in the development for sale.

    But better-than-expected demand led to about 50 more units being released, he said. Buyers were mostly locals.


    "We were cautious with the quantum, and had made it such that people could afford to buy."

    Parc Botannia is targeted to be completed by end-2021.

    It will be built by a 70:30 joint venture between Sing Holdings and Wee Hur. They had clinched the site in a state tender in September last year, with a bid of S$287.1 million, or about S$517 per square foot per plot ratio (psf ppr).

    The project offers a range of one to five-bedroom apartments with sizes spanning 431 sq ft to 1,679 sq ft. It is located next to the Thanggam LRT station, a few stops away from the Sengkang MRT station. The food street of Jalan Kayu is nearby, along with Seletar Mall.

    Mr Lee said that the most popular units were one-bedroom, two-bedroom and four-bedroom units.

    More than half of the 193 one-bedders in the entire development have been sold. They started from S$548,000.

    He said he was pleasantly surprised at the performance of the four-bedroom units, which started from S$1.3 million and ranged from 1,130 to 1,507 sq ft.

    About half of the 63 four-bedroom units in the entire development have been sold.

  16. #56
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    Then again, this is the cheapest new launch for 2017.
    The next one will be the west coast vale site bought at 592psf ppr by china construction named Twin Views.
    The other one with similar cost is the tampines ave 10 site by CDL bought at 565psf ppr.

    Most probably they will price their 1 bedders from mid 5xxk as well.

  17. #57
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    Quote Originally Posted by azeoprop View Post
    Then again, this is the cheapest new launch for 2017.
    The next one will be the west coast vale site bought at 592psf ppr by china construction named Twin Views.
    The other one with similar cost is the tampines ave 10 site by CDL bought at 565psf ppr.

    Most probably they will price their 1 bedders from mid 5xxk as well.
    yah. they will likely price it similarly at 1280psf if they are kind enough. haha. final 2 mass market projects after which there is no more.

  18. #58
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    Have. Wait 1 more Year and the enbloc sites will appear.

    But the costs are close to 1KPSF!
    The three laws of Kelonguni:

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

  19. #59
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    Quote Originally Posted by Kelonguni View Post
    Have. Wait 1 more Year and the enbloc sites will appear.

    But the costs are close to 1KPSF!
    yup, by the time the en bloc ding dong already H2 next year. only Parc Botannia and these 2 projects available for the next 10 months or so. Kingsford waterbay selling fast and small no. of units left in other projects are insufficient to feed the demand over the next 10 months.

  20. #60
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    gotta applaud them for not chut stunt like le quest, close showflat, raise prices for next phase, launch later. slow and steady release of units after 1st weekend launch is good.

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