Who is the architect?
Who is the architect?
Missed October 2009 launch high of $2,365 psf by just $27 psf!
Private Residential Units Sold in the Month of January 2010
Project Name . Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
Lincoln Suites ... CCR ....... 84 ........................ 13 .......................... 2,338 ............ 1,762 ........... 1,707
Private Residential Units Sold in the Month of March 2010
Project Name . Locality . Units Sold To Date . Units Sold In Month . Highest $psf . Median $psf . Lowest $psf
Lincoln Suites ... CCR ....... 88 ........................ 3 ........................... 2,259 ........... 2,131 ........... 1,816
Newton View owners to get up to $4.8 million after en bloc sale
AsiaOne
Friday, 18 March 2011
Newton View owners can get up to S$4.8 million for their residential units, after the 37,577 sq ft site was sold to developer Novelty Corp for S$147.6 million, according to The Straits Times.
A report in the paper cited property firm Savills' executive director for investment and prestige homes Steven Ming, who said owners will get either S$3.6 million or S$4.8 million each depending on the size of their units.
Located halfway between Novena and Newton MRT stations, the site has a plot ratio of 2.8. This means the sale price is about S$1,403 psf ppr.
Mr Ming also told the paper that to break even, the developer needs to sell for S$1,850 - S$1,950 psf.
I expect prices in the vicinity to hold or inch up a little. Newton View is perhaps one of the last block of older apartments around beside Newton Lodge.Originally Posted by Teana
Lincoln Suites' developer was selling at $1900++ for the smallest studio unit in Oct 2009. It is close to $1 million then.
Yee ha! Did I tickle your funny bone?
a check of the caveats showed that since a 538 sq ft 1 bedder sold for a record of 2365psf in Dec 09 for 1.273m, only 1 transaction has beaten that with the all time record of 2627psf (also the all time D11 record) in Jun 10. the quantum however is lower at 1.216m becoz this 1 bedder is 463sq ft. these pple how to make money like this?!?!?!?!
Lincoln Suites @ Novena (District 11)
(Visit www.CondoExpert.sg or call Jonathan @ 8100-8004 for more information!)
Summary
Developer : Koh Bro, Lian Beng, Heeton, KSH
Est. TOP : 31 December 2014
District : 11 (Novena)
Est. Quantum Price : From $1.2 Mil Up (1 Bedroom)
Location : 1, 3 Khiang Guan Avenue
No. Of Towers : 2
Tenure : Freehold
No. Of Storey : 30
Site Area : 59,986 sqft
No. Of Units : 175
Main Orientation : North-east/ South-west
Units Composition : 1, 2, 3, 3+Study,. 4, 4+Study Bedrooms, Duplex and Penthouse
Distance to MRT : 3 Mins to Novena MRT
Buyers Eligibility : Locals/PRs/Foreigners
Payment Scheme : Normal Progressive
Primary Schools within 1km : ACS Barker
Unit Types & Sizes
(No. of Units - Size (sqft))
Studio
44 - 474/463/484
1 Bedroom
22 - 527/538
2 Bedrooms
42 - 1033/1044/1076
3 Bedrooms
38 - 1098/1109/1119/1561
3 + Study
4 - 1615
4 Bedrooms
14 - 1798
4 + Study
4 - 1841
Duplex
4 - 2626/3068
Penthouse
3 - 3703/4855/5490
Total Units : 175
Facilities
Level 5 Aqua Deck
Swimming Pool
Aqua Spa Circle
Spa Seats and Spa Beds
Day Bed
Floating Deck
Playground
Fun & Splash Zone
Laundry (Pay per use)
Lounge
Level 24 Sky Club
Spa Sanctuary
Spa Massage Zone
Yoga & Meditation
Outdoor Gym
Sky Gym
Games Zone
Sky Swing
Sky Lounge
Wine & Cigar Lounge
Sky Dining Pavilion
Different Dining Experience
BBQ Dining
Teppanyaki Dining
Tatami Platform Dining
Al Fresco Outdoor Dining
Sky Gym
Swimming Pool
Site Map
Street Map
Visit www.CondoExpert.sg or call Jonathan @ 8100-8004 for more information on Lincoln Suites as well as for other new launch condos!
1 more sold at 2063psf in july. final 32 units.
Record sale for Lincoln Suites, 2733pfs!,
Sooner or later 3000pfs may well be broken in Newton area.
Those who thought buying at 2000pfs during launch is madness have been proven wrong.
2012-08-29#214632,733pfs1,265,000
I SCREAM ICE-CREAM!Originally Posted by ekl2ekl2
If robinson suites FH at CBD can sell at 3.3k psf, why cant Lincoln SuitesOriginally Posted by dtrax
LINCOLN SUITES 3 Khiang Guan Avenue #21-08 1 43 Strata 1,265,000 29419 2733 29-AUG-2012 Condominium Freehold Uncompleted New Sale HDB 11 30 308381 Central Region Novena
Originally Posted by ekl2ekl2
its a samll MM units 463sqf... so not necessary means all uint at that price. MM distort psf pricing.
So cashrich buyer.... the absurb part is HDB address + 1.2mil. Size might be MM, the quantum price is certainly not MM even for CCROriginally Posted by minority
It may be MM, but Lincoln suites is certainly setting and blazing records in Newton/Novena area based on pfs.Originally Posted by minority
LS did it in 2009/2010 and who knows at or before TOP, 3000pfs looks set to be broken for the very high floors.
For the bigger units in PI, Viva, NS, Gilstead 2, LVIV etc >2000pfs have already been breached quite a while ago. Even for the 3-4 roomers at PI/Viva.
2-3 years ago, many people thought buying Newton/Novena condos at 2000pfs was just plain crazy.
Still plain crazy to buy at $2000psf for PI for big units TODAY. U so sure can make a lot of money at that entry point? More like lose money proposition.
Latest transaction only 1600+psf for 3 bedder. Whoever who bought at 2000psf 3 years ago is still considered crazy today. It hasn't changed.
Originally Posted by ekl2ekl2
And full of MMs, so the PSF is rather meaningless. The total quantum for this 463sqft dump is cheaper than a Bishan HDB flat.
Also agree it is crazy but we may well be wrong.Originally Posted by Wild Falcon
Just been to view VIVA, even the very low floors 3-4 roomers are asking 1900-2000pfs or more.
So you are referring to the latest transaction at 1690psf for a 1421sf mid-flr unit?Originally Posted by Wild Falcon
But I couldn't find any similar size (approx. 14XXsf) as what you mentioned 2000psf 3-yrs ago..
U mean Lincoln suite location is on par with Robinson suite?Originally Posted by dtrax
Think 2000pfs not done 3 years ago.Originally Posted by Rysk
The 2000pfs and thereabouts for PI 3 roomers are more recent
WEE NAM
LINCOLN ROAD
Condominium
PARK INFINIA AT WEE NAM12,880,0001,464Strata1,967Aug-12
LINCOLN ROAD
Condominium
13,084,9001,582Strata1,950Apr-12
that is if robinson suite hits >4k psfOriginally Posted by Jonathan0503
I saw 3-yrs ago is like 1700-1800psf for similiar size.. Now transacting close to 2000psf lorOriginally Posted by ekl2ekl2
Wow!! The so-called 1690psf 3-bedder you mention.. the owner bought 5-yrs ago at $878psf only!! $1.17-mio profit!!Originally Posted by Wild Falcon
#28- 484sqfeet 2984pfs
Almost hitting 3000pfs now
Must be record for novena/newton area
Wow!
http://www.lincoln-suites.com/lincol...orplans-S3.htm
paying record psf for #28-08 with < 300 sq ft of useable area. thank u PRC buyer.
您肯输,我肯买。。。
How to tell buyer from PRC?Originally Posted by bargain hunter
with 10% ABSD, that will be >3000pfs.
Those who bought at 2000pfs previously can cash out now at 3000pfs.
touted as the Icon of Novena, should be hot with singles/small families, maybe thats why hitting 3000pfs.
At this price, wouldn't those condos near to Orchard be a better buy?Originally Posted by ekl2ekl2