Page 1 of 18 1234561116 ... LastLast
Results 1 to 10 of 175

Thread: RV RESIDENCES (999, Allgreen)

  1. #1
    Newbie

    User Info Menu

    Default RV RESIDENCES (999, Allgreen)

    Hi,

    Happen to pass by River Valley road and saw this development.
    But don't look like there is any construction going on. Don't find any show flat around that plot.

    Anyone know what had happen to this project?

    While google, I found this information

    "In May 2007, through a joint venture company formed with Asiawide Holdings Pte Ltd, Allgreen acquired a 999-year leasehold tenure site in River Valley, which will be developed into a seven-storey condominium, RV Residences, comprising 220 compact units of mainly 2+1 rooms. Written permission for the development plans was obtained on 22 October 2007 and the launch is slated for later in 2008."

    Extracted the para from Allgreen's 2007 Annual Report

  2. #2
    Newbie

    User Info Menu

    Thumbs up

    Quote Originally Posted by Acer
    Hi,

    Happen to pass by River Valley road and saw this development.
    But don't look like there is any construction going on. Don't find any show flat around that plot.

    Anyone know what had happen to this project?

    While google, I found this information

    [/B]

    This project was shelved till further notice, information given to me by one of my client is that expected launching price to be around 1800psf but given the current sentiment, they rather postpone it.


    Pet

  3. #3
    Newbie

    User Info Menu

    Default

    There is a show room at Great world city. But if you don't drive into a small road leading to the office towers, you will not notice it.

    As what Pet said, the develpment is put on hold till further notice.

  4. #4
    Newbie

    User Info Menu

    Default

    Quote Originally Posted by SP specialist
    There is a show room at Great world city. But if you don't drive into a small road leading to the office towers, you will not notice it.

    As what Pet said, the develpment is put on hold till further notice.
    oic..
    was put on hold..

    any idea how long can they on hold.

    I understand.. after a period of year after they got the land, they must construct, right?

  5. #5
    ipropertyguru

    User Info Menu

    Default

    Quote Originally Posted by Acer
    oic..
    was put on hold..

    any idea how long can they on hold.

    I understand.. after a period of year after they got the land, they must construct, right?
    RV Residences already half way through construction. But it is weird not seeing it listed on squarefoot! why? none are sold yet?

    A check on URA shows that none of the 248 are launched yet! Why?







  6. #6
    ipropertyguru

    User Info Menu

    Default

    Assuming each unit can fetch $200k profit, that a would be a cool almost $50m profit. they delisted in 2011...

  7. #7
    Junior

    User Info Menu

    Default

    Quote Originally Posted by leesg123
    Assuming each unit can fetch $200k profit, that a would be a cool almost $50m profit. they delisted in 2011...
    Cash gaogao balance sheet gaogao.. die die no want launch yet. They waiting ccr chiong then start to sell

  8. #8
    TAEMINnie

    User Info Menu

    Default

    called the number outside the project, the person said will only be launched close to TOP. looking at the progress, should be early next year...

    but isn't it better to launch it say end last year when the market was good, before the Jan cooling measures??

  9. #9
    ipropertyguru

    User Info Menu

    Default

    Quote Originally Posted by priorityqueen
    called the number outside the project, the person said will only be launched close to TOP. looking at the progress, should be early next year...

    but isn't it better to launch it say end last year when the market was good, before the Jan cooling measures??
    Any indicative pricing?

  10. #10
    TAEMINnie

    User Info Menu

    Default

    Quote Originally Posted by leesg123
    Any indicative pricing?
    yes, was told that average about $2,200 for 1, 2 , 3 & 4 bedder.
    for 1 bedder, likely to be $2,400 - this is my guess lar.

    estimated to launch end july this year.

    Anyone keen to register for VVIP can call 68873893 - the number on the banner outside the project.

Page 1 of 18 1234561116 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •