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Thread: Kovan Residences (D19, 99 years Leasehold, Duchess Development)

  1. #241
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    Quote Originally Posted by DC33_2008
    Another development with plenty of investors for rental and sales upon TOP.
    it appears to be the same for other suburban projects

  2. #242
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    Quote Originally Posted by greenhorn
    The different types of railings for different stacks/floors are part the architectural design of the development. Can't choose.

    Hey, any forumer here has any opinions or views on Kovan Residences? Heard now left with about 60 units out of 521 total units. TOP in Sep 11. Heard from friends that the prices were raised a few times this year. Now about $1000psf for higher floors? Main selling point is its very convenient location with all amenities around it. Is KR a good buy?.....OR good bye?
    Any condo with MRT at doorstep should be a good buy. My own estimation is that there are only about 40 (about 1% to 2% of all condos) of such developments in Singapore for the current MRT lines (excluding the latest Downtown 2 line). With a very limited supply of such units in the market, it should be quite safe.

  3. #243
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    Quote Originally Posted by devilplate
    it appears to be the same for other suburban projects
    Looking for tenants for rental will be very competitive with so many new developments TOP in the next 1-2 years unless there is continuous flow of expatriates into Singapore. It really boils down to location.

  4. #244
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    Latest caveats show that prices for Kovan Residences are above $1,000 psf for recently launched stacks (stack 32).

  5. #245
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    Those who bought in Mar 09 at around 680-720 psf must be damn lucky to hit jackpot liao.

    Those who are buying at current price levels - how? Any further upside to KR you reckon? Maybe price peak at TOP next yr? Nice development with spacious layouts, but adjourning blocks too close each other. But price now just playing catch up with recent new condo launches at >1k psf.



    Quote Originally Posted by fclim
    Latest caveats show that prices for Kovan Residences are above $1,000 psf for recently launched stacks (stack 32).

  6. #246
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    Then might as well buy subsale in woodleigh area, still below 1k psf...

  7. #247
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    Yes railings or glass depends on the floor, not an option. The units with railings have sun fins at the side of the balcony. Personally, I prefer glass but guess railings are a trend now - better air circulation but more exposed to rain.

    Was told subsale is picking up. Prices trending up towards TOP. Have been getting calls from agents asking to sell. Was told less than 50 large units + pent houses left.

    Prices trending up nearing TOP

  8. #248
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    Quote Originally Posted by KovanResident
    Yes railings or glass depends on the floor, not an option. The units with railings have sun fins at the side of the balcony. Personally, I prefer glass but guess railings are a trend now - better air circulation but more exposed to rain.

    Was told subsale is picking up. Prices trending up towards TOP. Have been getting calls from agents asking to sell. Was told less than 50 large units + pent houses left.

    Prices trending up nearing TOP
    Anyone went down to the showflat? Any update on the selling price for this one?

  9. #249
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    Quote Originally Posted by KC76
    Anyone went down to the showflat? Any update on the selling price for this one?
    Guess interest faded for this dev.

  10. #250
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    Quote Originally Posted by KC76
    Guess interest faded for this dev.
    it will revive upon TOP

  11. #251
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    Quote Originally Posted by devilplate
    it will revive upon TOP
    Sigh, its so tough to make a decision on pty purchase these days. Wait for price to ease or hoot one in fear of further inflation...

    Just lamenting...

  12. #252
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    Quote Originally Posted by KC76
    Anyone went down to the showflat? Any update on the selling price for this one?
    Prices are inching towards $1K psf with some units already transacting above $1K psf. NEX mall which is one MRT stop away will open partially at the end of this month. NEX mall is one MRT stop away from KR, which is good because you won't get caught in the traffic jam going in or coming out of your condo.

    In any case, Heartland mall opposite, the wet market, upgraded hawker centre and numerous banks would be able to serve your basic needs.

    If tired of Heartland mall, can go to NEX mall or City Square mall or Vivo City; all along the NE MRT line.

    Once developer's units are all sold, I guess the price might hit $1.2K psf. Scala is already selling at that price, if you compare similar condos in the area.

  13. #253
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    This project not sold out yet?

  14. #254
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    Quote Originally Posted by azeoprop
    This project not sold out yet?
    30+ to go.... Should be those 4bedders as they are min 17xx+ sqft... huge quantum usually moves slowly

  15. #255
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    Seems that number of the ground floor units and penthouses are not sold. Not surprising because the huge areas translate to $2-3mil. In my opinion they should just re-caveat these units into common areas or club house. That would really be nice!

    BTW, the developer's marketing team posted some newsletters that they created for the residents. Quite a unique personal touch I must say... the latest issue even hinted that they may have some upcoming tie-ups with Nex Mall and Heartland Mall.

    http://www.kovanresidences.com

  16. #256
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    I have to admit that it is good. Considering that it is their maiden project, they are quite innovative.

    The rest of the developers just sell and collect $$$...


    Quote Originally Posted by stanchan
    Seems that number of the ground floor units and penthouses are not sold. Not surprising because the huge areas translate to $2-3mil. In my opinion they should just re-caveat these units into common areas or club house. That would really be nice!

    BTW, the developer's marketing team posted some newsletters that they created for the residents. Quite a unique personal touch I must say... the latest issue even hinted that they may have some upcoming tie-ups with Nex Mall and Heartland Mall.

    http://www.kovanresidences.com

  17. #257
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    I've received the newsletters as an owner. I must concur that the personal touch was good.

    Yes, would appreciate if they were to convert some ground floor units to common space.

  18. #258
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    Heard that this development is not fully sold yet... TOP soon?

  19. #259
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    Quote Originally Posted by devilplate
    it will revive upon TOP
    u have interest ?

  20. #260
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    Haha.. So fast response... Are u agent?

  21. #261
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    Any units left?

  22. #262
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    Yes, but only:
    -3 bedder ground floor units
    -low floor 4 bedder
    -4 bedder ground floor units
    -penthouses

    http://www.kovanresidences.com/

  23. #263
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    Current prices still way too high...

  24. #264
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    what's the asking now by the developer?

  25. #265
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    Quote Originally Posted by azeoprop
    Yes, but only:
    -3 bedder ground floor units
    -low floor 4 bedder
    -4 bedder ground floor units
    -penthouses

    http://www.kovanresidences.com/
    thanks for the info. Prices still at about 1k psf?

  26. #266
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    Wow !
    $1119 psf for a 2-bedder have been achieved!

    Impressive

  27. #267
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    Default Forum for KR Residents and Owners

    http://kovanresidences.freeforums.org

    Welcome all to browse and post as the condo nears TOP

  28. #268
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    Missed the boat?

  29. #269
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    News on shattered glass balcony...
    http://www.asiaone.com/News/Latest%2...06-357463.html

  30. #270
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    Quote Originally Posted by Kanarazu
    heard Lian Beng is main con, this is very typical due to cost-cutting
    I am rich in debts...

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