I don't know what you mean by small units. The 3 bedroom units range from 1590 to 2500 sqft.Originally Posted by home-run
I don't know what you mean by small units. The 3 bedroom units range from 1590 to 2500 sqft.Originally Posted by home-run
Small units are the studios of 527sqft.Originally Posted by Localite
Are the 2 bedders of 1000sqft still being planned?
Seems like CCR is rising more than the rest now.Originally Posted by home-run
Perhaps we should really re-focus on CCR (e.g. D11 Lincoln Suites)?
Originally Posted by The Business Times
Why do you think CCR will rise more now? For RCR, the rise is supported by HDB resale. What is or will be supporting this rise in the CCR?Originally Posted by Reporter
Perhaps OCR is for HDB resale, CCR is for hot money and RCR is for both?Originally Posted by andy
Maybe the time is ripe for the hot money to spur into action?
Where is RCR and what are the possible developments?Originally Posted by Reporter
Does anyone know how is
CCR
RCR
OCR
categorised? Is it grouped together based on district or ... ???
Is Sentosa considered CCR or RCR ??
Originally Posted by moneyspinner
Go find an overseas institutional investor to buy all the 1BRs of Lincoln suites. That's will start the ball rolling.Originally Posted by Reporter
If not I don't see a mad rush since rentals are still quite depressed.
OK. Let's see if there is one or two of them for CCR Lincoln Suites' 1BRs.Originally Posted by andy
There's no need to worry about OCR and some of RCR since they are taken care of by HDB flats.
Originally Posted by PropNex
What "one or two of them"? 1BRs will sell out before Usain Bolt can sneeze.Originally Posted by Reporter
It's the 3BRs and 4BRs that may have problem selling and need institutional investors to "start the ball rolling".
Remember Illuminaire @ Devonshire which sold out on preview day? Most of their units are 441 sf to 635 sf.
Last edited by jlrx; 02-10-09 at 00:27.
Exactly, small units are the ones that will go first as investors can decide and commit on their choice units based on floor plans, location and overall quantum price of the units even before viewing the showflat. For prime districts, studios will be in the range of 1-1.2+mil depending on location...some can even be as attractive as 7xx-800+k....so psf does not really matter anymore in this case...its location location location......
moreover, rental yields for small size units will be most likely above the 5% range or even closer to that aspect as overall quantum not so high...
that is my personal perspective
Est launch date will be most likely 4th wk of Oct....if anyone of you folks are keen in this proj, do feel free to contact me @ 81835132 / Email : [email protected]
I'm in the marketing agency for Lincoln Suites. Thx and cheers
At $2000psf do you think the 1BRs will fly out of the shelves? Let's seeOriginally Posted by jlrx
What are you talking about 5% yields?Originally Posted by home-run
$5psf rental at $2000psf buying price is only 3%.
If D14 Mickey Mouses can sell between $1,450 and $1,650 psf, perhaps D11 MMs can sell at $2,000 psf?Originally Posted by andy
I was laughing at Suites@Guillemard just yesterday and today I was proven wrong.
Originally Posted by xtink, Suites @ Guillemard, 15 hours agoOriginally Posted by mcmlxxvi, Suites @ Guillemard, 45 mnutes ago
Yes. If they can convert the 500sqft to 250sqft, maybe they can sell D11 at $2500psf. Imagine a 16x16 feet pigeon hole?Originally Posted by Reporter
Maybe the big boys have started their balls rolling?Originally Posted by jlrx
Let's give them some time?
Originally Posted by The Edge
let me be the bad guy here again. i expect poor response for lincoln suites. it will be a sell down, let down, whatever you call it. share prices of the consortium of koh brothers, lian beng and ksh just broke down today, heeton on the verge of doing so.
Judging from the trend, if Lincoln Suites can restructure all into mickey mouse units, it can be a sell out!!!!!!!!!!!!!!
Which is better Lincoln Suites or Newton Suites?
Newton Suites (FH)
TOP end 2007
Average Launch Price $845psf
Number of units: 118 36floors
Land area: around 40,000sqft?
Asking Price: around $1600-1700psf
Award winning design & bringing the outdoors inside
Lincoln Suites (FH)
expected TOP 2015
Twin 30 stories tower
24 floor Sky gym and recreation
175 units
Land area: around 60,000sqft
Pricing around $1700psf to $1900psf or more
i'd vote for newton suites anytime.
Originally Posted by andy
Can you provide your reasons or arguments? thanksOriginally Posted by bargain hunter
wht abt ur views. thksOriginally Posted by andy
Purely from an investment perspective, the difference in quantum already cannot be justified. Newton Suites 2 bedder 797sq ft, Lincoln Suites at 1033 to 1076sq ft. On closer look at the floor plan of Lincoln Suites, a lot of the difference is big balcony and planter in both the living and master bedroom. bay windows in both the bedrooms + kitchen and bath 2 and in lving room beside a glass window which faces the wall of a bedroom! Another planter in master bath! huge air con ledge. now, assuming u buy both at 1700psf, newton suites cost you 1.355m. Lincoln suites cost you 1.756m. Granted, you get a bigger second bedroom, other than that, is everything that i stated above worth 400k? and i am only taking max price for newton suites and min. price for lincoln suites. developer really doing everything to maximise earnings from their overpaid site! i don't even want to talk about the 3 bedder comparison but i think you get the idea.
Originally Posted by andy
If I may answer on behalf of our Bro.Originally Posted by andy
Firstly its design by the famous WOHA.
Of course that doesn't mean anything if its badly design.
But take a walk inside and you will know the difference.
The lift, the mashing in of greens with the concrete, the outstanding exterior (more than one time hearing colleagues asking what's the name of the beautiful condo besides GoldHill Plaza).
Go into the apartment, realised that the space (happen to see 1238sf) is not huge (bay window of course) but everything is very proportional and thus you dun really feel the cramness in most of the other project.
Go to level 6 where the swimming pool is and again space is very efficiently utilised for such a project with small land space.
A few downside though, cos of the small land space, there's very little room for the kids to run around.
If you drive, the exit out from Khiang huang road (if I remember correctly) might be very challenging.
to add on... newton suites will have view (i think it's the 3bedders facing bukit timah side). lincoln suites - i believe it's blocked from all sides (but i could be wrong).
thanks for the additions. wanted to talk about the awards and the project as you have but got too angry writing about that piece of trash called lincoln suites that i neglected to.
Originally Posted by kali-yuga
Allow me to add on to the downside, in contrary to your opinion, I do really feel the cram of Newton suite because its ceiling is very low ( estimated about 2.1-2.3M range)
In addition, the whole unit is lack of brightness..the lift entrance is very dark and feel uncomfortable...
Somemore, there is no proper playground (only three bouncing chairs near the carpark!!)
Originally Posted by kali-yuga
Thanks for everyone's comments. I have been debating this for a while and these are my observations:Originally Posted by richie$$$
Lincoln suites has larger land area compared to Newton Suites and hence it has more freedom to put facilities and recreations. Lincoln Suites has also the sky garden/gym which seems to be the new trend allowing all residents to enjoy different views from the condo. Lincoln suites will be much quieter compared to Newton Suites. Lincoln lodge is currently almost fully occupied with cheaper renters and it is popular with singles or couples carrying shopping bags from USQ.
The risk is that the Lincoln developers may cut corners since they have bought the land at peak peak $psf to try to recover some of their losses. It is without doubt Newton Suites proved an excellent investment for owners who have bought at $900psf and now riding on the excellent design publicity. In fact regretted not picking up Newton Suites in 2005 because of the potential noise level along newton road.
Looking ahead when Lincoln is TOP at 2014, Newton Suites would be 7 year's old. Well things starts to break down after 5-6 years in a condo in my experience in SG regardless how well it is built. So if I wanted to buy for investment a 1000 sqft in Novena, it is probably worth paying $200psf premium for a new unit. On top of that, the interest on the 45% loan amount is so so low now.
I can see the small units selling really fast if the price is right
One more thing. This tiny Khiang huang road is going to be problem for both developments. It will only get worse. Already I've noticed USQ is getting more and more busy. Not sure if it is cos there are more shops but definitely more shoppers and kids.Originally Posted by richie$$$