What is the equivalent $psf per plot ratio of the top bid? Anyone know how to convert?
What is the equivalent $psf per plot ratio of the top bid? Anyone know how to convert?
Think the official announcement regarding future plan for Bukit Panjang Town integrated transport/commercial/entertainment hub will have a larger impact on Maysprings and Linear prices. Understand the transport minister, Raymond Lim is making a ministerial visit on Aug 30.Originally Posted by Jughead
Think the official announcement regarding future plan for Bukit Panjang Town integrated transport/commercial/entertainment hub will have a larger impact on Maysprings and Linear prices. Understand the transport minister, Raymond Lim is making a ministerial visit on Aug 30.Originally Posted by Jughead
Any news on the empty plot of land for development in front of Maysprings.? Want to know more about Bukit Panjang development cos I am not staying there but interested.
Soil investigation almost completed for empty site adjacent to bus interchange and infront of Bukit Panjang LRT station. According to URA website, the details for Jelebu/Petir Road site under GLS reserve list is a mixed commercial/residential development. http://www.ura.gov.sg/sales/prog2H2010rlcomresi.html
Last edited by moneymatters; 09-09-10 at 04:23.
another hot site near MRT station...next to the new condo to be built(present ten mile junction)..good good...Originally Posted by moneymatters
Money matter , thank you for the update...u value add alot to this thread ...
http://www.ura.gov.sg/pr/graphics/2010/pr10-62a45.pdf
LTA has also awarded Lum Chang option to build another underpass link between future Bukit Panjang MRT station and existing LRT station
Hot off the press! LTA confirmed in its (DTL 2 update) presentation yesterday that URA will tender site at Petir/Jelebu Road for purpose of building a fully integrated commercial/transport hub incorporating future Bukit Panjang MRT station with existing LRT station and bus interchange. A new sky bridge will be constructed linking the MRT/LRT/Bus interchange into a seamless transport hub. A shopping mall with condo development will be build adjacent to the integrated transport hub. Hope LTA will release the latest rendering to the public soon.
The intersection of Choa Chu Kang and Woodlands Road looks set for a facelift as Far East Organization unveils a new mixed-development project that includes a shopping complex and a residential tower at the Ten Mile Junction site.
Far East unveiled the commercial component of the development yesterday, eight months after the company won the tender for the site. The developer is investing $28 million in Junction 10, a new mall, which will take up two storeys on the site.
Junction 10 will adopt a "new rail lifestyle" concept that is set for completion by the end of next year. The mall will sport a trendy decor theme that uses rail elements like timber sleepers, runners and rivets, the firm said.
"We are catering to community around the vicinity there. There are four major areas we are looking at, and together we are looking at maybe almost 400,000 residents around the area," said Mr Kelvin Ling, chief operating officer of Far East's Retail Business Group.
These areas include the Bukit Panjang, Upper Bukit Timah, Bukit Batok and Choa Chu Kang area.
Far East hopes to attract the middle income group between the age of 25 and 45 through the mall's shopping and dining options.
About 30 per cent of the space will be taken up by Giant hypermarket, while 40 to 60 per cent will be for F&B outlets and the rest for other lifestyle enrichment products and services.
"It's a viable concept for a mixed development within the area," said DMG analyst Brandon Lee.
The area has a high catchment of both HDB and private property residents, and the mall could generate good traffic, he said.
Junction 10 has 121,000 sq ft in gross floor area, with a net lettable area of 92,000 sq ft.
The current Ten Mile Junction has a net lettable area of about 81,000 sq ft.
Construction cost for the entire development including the commercial and residential component is estimated at about $100 million. It will consist of 16-storeys in total.
The residential portion of the project will have 338 chic Soho apartments located above the Junction 10. It will occupy levels five to 16 and will be launched in the first quarter of next year.
Far East Organization's Dollar Land Singapore unit won the Ten Mile Junction site in February with a bid of $164 million.
project completion 84 months = 7 years.. By TOP time, the MRT line is up already.Originally Posted by moneymatters
My Guess 300 to 500 units and rest for commercial.
345 units based on URA press releaseOriginally Posted by kingkong1984
any update on this place? thinking of wacking one for own stay
it is hillion residences
http://forums.condosingapore.com/showthread.php?t=16722
Maysprings psf is between $690-950 (transacted), while across the road Hillion residence is 1,350-1,650 (transacted). That's almost at least 75% price differential! Maysprings maybe a older development but it is not that old (1998 TOP), what can be the explanation? Why hasn't the price move up, despite having the LRT, DTL, Bus terminal, 3 shopping centers at within 1 km radius. Sim Lian bought the land (Hillion) for $830psf back in 2011, so does that make Maysprings a good en-bloc potential?
I heard that Maysprings residents are talking about up for unbloc
does anyone know what is the current total gross floor area for maysprings development now?
thinking of buying one unit for own stay, but also wanted to calculate what is the enbloc potential in the long run.
whether there is still unutilised gross floor area that can be used by enbloc
http://www.squarefoot.com.sg/trends-...l?p=maysprings
Do you believe sharing from an agent or a small boy or little girl property investor?
Check URA masterplan map for plot ratio and do your own calculations. The nearby airbase will be there for the long run so do not expect an increase in height limit.
Agents will always say nice things to get you to buy. Like those who purchased Braddell View at high prices because of its supposedly "high en-bloc potential" as described by agents.
One tool to get an rough estimate is this calculator by edgeprop
https://www.edgeprop.sg/en-bloc-calculator