Lincoln Suites (D11, Freehold, Koh Brothers / Heeton / KSH / Lian Beng)

[qus]

Who is the architect?

[Reporter]

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

[Reporter]

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

[Teana]

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.

[andy]

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.

[ecimbew]

Lincoln Suites' developer was selling at $1900++ for the smallest studio unit in Oct 2009. It is close to $1 million then.

[bargain hunter]

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?!?!?!?!

[CondoExpert.sg]

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!

[bargain hunter]

1 more sold at 2063psf in july. final 32 units.

[ekl2ekl2]

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

[dtrax]

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!

[dtrax]

I SCREAM ICE-CREAM!

If robinson suites FH at CBD can sell at 3.3k psf, why cant Lincoln Suites

[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

[minority]

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

its a samll MM units 463sqf... so not necessary means all uint at that price. MM distort psf pricing.

[dtrax]

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 CCR

[ekl2ekl2]

its a samll MM units 463sqf... so not necessary means all uint at that price. MM distort psf pricing.

It may be MM, but Lincoln suites is certainly setting and blazing records in Newton/Novena area based on pfs.

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.

[Wild Falcon]

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.

It may be MM, but Lincoln suites is certainly setting and blazing records in Newton/Novena area based on pfs.

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.

[Wild Falcon]

And full of MMs, so the PSF is rather meaningless. The total quantum for this 463sqft dump is cheaper than a Bishan HDB flat.

[ekl2ekl2]

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.

Also agree it is crazy but we may well be wrong.

Just been to view VIVA, even the very low floors 3-4 roomers are asking 1900-2000pfs or more.

[Rysk]

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.

So you are referring to the latest transaction at 1690psf for a 1421sf mid-flr unit?

But I couldn't find any similar size (approx. 14XXsf) as what you mentioned 2000psf 3-yrs ago..

[Jonathan0503]

If robinson suites FH at CBD can sell at 3.3k psf, why cant Lincoln Suites

U mean Lincoln suite location is on par with Robinson suite?

[ekl2ekl2]

So you are referring to the latest transaction at 1690psf for a 1421sf mid-flr unit?

But I couldn't find any similar size (approx. 14XXsf) as what you mentioned 2000psf 3-yrs ago..

Think 2000pfs not done 3 years ago.

The 2000pfs and thereabouts for PI 3 roomers are more recent

WEE NAM
LINCOLN ROAD
Condominium

1

2,880,000

1,464

Strata

1,967

Aug-12

PARK INFINIA AT WEE NAM
LINCOLN ROAD
Condominium

1

3,084,900

1,582

Strata

1,950

Apr-12

[dtrax]

U mean Lincoln suite location is on par with Robinson suite?

that is if robinson suite hits >4k psf

[Rysk]

Think 2000pfs not done 3 years ago.

The 2000pfs and thereabouts for PI 3 roomers are more recent

WEE NAM
LINCOLN ROAD
Condominium

1

2,880,000
1,464
Strata
1,967
Aug-12

PARK INFINIA AT WEE NAM
LINCOLN ROAD
Condominium

1

3,084,900
1,582
Strata
1,950

Apr-12

I saw 3-yrs ago is like 1700-1800psf for similiar size.. Now transacting close to 2000psf lor

[Rysk]

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.

Wow!! The so-called 1690psf 3-bedder you mention.. the owner bought 5-yrs ago at $878psf only!! $1.17-mio profit!!

[ekl2ekl2]

#28- 484sqfeet 2984pfs

Almost hitting 3000pfs now

Must be record for novena/newton area

Wow!

[bargain hunter]

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.

[carbuncle]

您肯输,我肯买。。。

[ekl2ekl2]

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.

How to tell buyer from PRC?
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.

[Jonathan0503]

#28- 484sqfeet 2984pfs

Almost hitting 3000pfs now

Must be record for novena/newton area

Wow!

At this price, wouldn't those condos near to Orchard be a better buy?