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Thread: Palm Loft (World Class Land, Freehold, Joo Chiat Terrace)

  1. #1
    DN

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    Default Palm Loft (World Class Land, Freehold, Joo Chiat Terrace)

    Dear all,
    I am currently looking at a property at Palm Loft and wonder if any of you guys have any advice for me. Some braod details of Palm Loft

    Address: Joo Chiat Terrace
    Developer: World Class Land
    TOP: At or around August 2007 (or so I was advised by the agent).

    What might be a reasonable PSF to look at for such developments (given they were probably launched 2004, started construction in 2005 and TOPed in 2007).

    Does anyone have REALIS listing of this development. I wonder what was the original purchase price.

    Thanks!

  2. #2
    RealEstate Pundit
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    03-0X___689__665____458,000___15Feb07
    02-0x___689__685____471,760___21Feb07
    04-0X__1066__642____684,521___21Feb07
    04-0X___689__692____477,000___21Feb07
    03-0X__1066__644____686,300___21Feb07
    05-0X__1346__589____793,100___22Feb07
    05-0X__1679__529____888,000___22Feb07
    05-0X__1367__570____779,000___27Feb07
    03-0X__1066__600____640,000___19Mar07
    04-01__1066__600____640,000___22Mar07
    05-0X__1528__556____850,000___26Mar07
    02-0X__1066__586____625,000___02Apr07
    03-0X___689__798____550,000___13Jul07 -------- Subsale
    05-0X__1528__687___1,050,000__10Aug07 -------- Subsale
    02-0X___689__849____585,000__16Nov07 -------- Subsale
    04-0X___689__672____463,000__29Nov07
    02-0X__1066__680____725,000__03Mar08 -------- Subsale
    03-0X__1066__661____705,000__28Jul08 --------- Subsale

  3. #3
    DN

    User Info Menu

    Default Thank you

    Dear Pundit,
    Thanks a million!!
    Any views on what should be a assessment for a penthouse?
    I understand there appears to be some market convention in respect of computing the sky terrace floor space.
    That is, supposing there is approximately 500sf of sky terrace space, one would discount by a factor of half as the effective floor area in arriving at a equivalent PSF pricing for a certain proposed price ??
    Any ideas?

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