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Subscribe to this list via RSS Blog posts tagged in condo near MRT

Posted by on in Uncategorized

New Launch Condos in 2016

 

Some upcoming new launch condominiums coming up in early 2016 and marketed by Huttons Asia Pte Ltd include:

  1. Centrium Square - Freehold Commercial Development with 231 retail, medical and office units located at 320 Serangoon Road near Farrer Park MRT
  2. 183 LongHaus - Freehold Mixed Development with 40 residential and 10 commercial units near Marymount MRT Station
  3. Stars of Kovan Mixed Development with 395 residential and 45 commercial leasehold units, near Kovan MRT Station
  4. Lake Grande Condo - Leasehold Condo with 550 units next to Lakeville Condo (U/C) a short walk from Lakeside MRT. In Jurong Lake District.
  5. Sturdee Residences - Leasehold Condo with 265 units near City Square Mall and Farrer Park MRT Station

All 5 new launch property developments located close to MRT stations with 1 freehold new launch commercial and 1 freehold mixed development and 3 leasehold properties.

 

Name of Property Land Tenure MRT Type Location Residential Commercial Pricing
Centrium Square Freehold Farrer Park Commercial 320 Serangoon Road NA 231 retail, medical, office Est 3000-5000 psf medical suites
183 Longhaus Freehold Marymount Mixed Development 183 Upper Thomson Road 40 10 retail and F&B Est 3000-4000 psf commercial
Stars of Kovan Leasehold Kovan Mixed Development Junction of UpperSerangoon and Tampines Roads 395 45 Est 1400-1600 psf
Lake Grande Leasehold Lakeside Condominium Jurong West Street 41 550 NA Est. $1300 psf
Sturdee Residences Leasehold  Farrer Park Condominium  Sturdee Road (Jln Besar area)  265  NA  TBD 
Parc Life EC Leasehold EC Sembawang Crescent 628 NA TBD

Parc-Life-EC-Property-Aerial-View

183-longhaus-mixed-development-front-view-1

centrium-square-commercial-property-front view 1

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Stars of Kovan - New Mixed Development near Kovan MRT

The Stars of Kovan is a mixed development of 395 residential units and 45 commercial units consisting of retail shops and F&B outlets. Residents get to enjoy the convenience of shops and food outlets in their building while owners of the commercial units have a customer base of perhaps 1000 people in the same building. Kovan MRT station and the Heartland Mall are just a short walk away. Recent developments in the neighbourhood include The Tembusu and Trilive, both condomniums and not mixed developments.

For more information on Stars of Kovan click this link: Stars of Kovan Mixed Development

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Sturdee Residences - New Launch Condo on Sturdee Road

Sturdee Residences is a new launch condo on Sturdee Road, across the road from City Square. This 265 unit, 30-storey property development located at the city fringe is convenient to the city, CBD, Marina Bay and offers a great choice for those who prefer urban living. Accessibility is excellent with the Farrer Park MRT (NE8) just a short walk away. Residents will enjoy access to a good choice of amenities nearby including the Jalan Besar Stadium and Swimming Complex.

Follow this link to discover more on Sturdee Residences.

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New Showflat for The Skywoods

The Skywoods show flat has been relocated from its previous location next to Foresque to the corner of Dairy Farm Road and Dairy Farm Crescent. With the shift, the unit on display has been changed to a 1012 sq ft, 3-bedroom unit. 179 units out of 420 have been sold. Star units available for sale with a significant discount include 1+study, 3 bedroom and 4 bedroom types. Call us at 97323160 to make an appointment to view/buy.

The Skywoods Show Flat

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New Private Residential Estate To Be Build In Forested Area Bordered by Lentor Drive, Yio Chu Kang Road and Tagore Road

Channel News Asia reported plans to build new private residential units in a 38 hectare plot of land delineated by Lentor Drive, Yio Chu Kang Road and Tagore Road. This land is now forested so with the scarcity of land in Singapore, another patch of forest has to make way for housing purposes. The CNA article can be found by clicking here. Its a matter of time before land sales start to show up for plot. This Google satelite map shows the location of the land and is basically the forested area in the centre.

new amk estate

 

To quote, "The Urban Redevelopment Authority (URA) said there will be high-rise, medium-rise and landed housing options alongside parks and a variety of amenities. Other plans in the pipeline include a mixed-use development next to the new MRT station. The development of the area will be phased in tandem with the opening of the new MRT station, which is expected to be around 2020." The MRT station mentioned is the future Lentor station on the Thomson Line.

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In Dec 2013, we blogged about Queenstown S9a, a piece of land sold as part of GLS for condo development. That article can be found here: http://sgpropertysource.com/property-news/entry/government-land-sale-of-land-parcel-s9a-across-commonwealth-avenue-from-queenstown-mrt.html.

Just over a year later, the name of the condo has been revealed to be Commonwealth Towers. There will be two rather tall (43 storeys) towers with a total of 895 units. Queenstown has always been a popular area and there will be a lot of interest in this development.

Artist Impression of the Front of Commonwealth Towers

front view

 

 

Siteplan of Commonwealth Towers Showing Facilities

Site-Plan

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Upcoming Residential and Commercial Integrated Development at Yishun Central

A mixed-use commercial and residential plot at Yishun Central was launched for tender on Feb 28, 2013 with the tender results announced on Sept 5, 2013. The tender was won by North Gem Development P/L and FC North Gem Trustee P/L, units related to Fraser Centerpoint P/L for $1.43 billion dollars. This was 47% higher than the next highest bidder, a consortium that includes Far East.  This price works out to be $1,077 per square foot per plot ratio (psf ppr) for the 99-year leasehold site, somewhat higher than the $750-850 psf ppr expected.

The plot of land located between Yishun Ring Road and Yishun Avenue 9, the location of the upcoming Junction 9 mixed development was sold at just $794.44 psf ppr so Frasers is betting on the benefits of the location raising the psf that investors are willing to pay. The plot of land at Yishun Central is right next to Northpoint Mall, Yishun 10 and Yishun Library, which explains the high bid by Frasers who  also owns Northpoint Mall. It's all about market domination and the track record of Northpoint which is also owned by Frasers.

The plans for the site include a 12-storey integrated development consisting of about 900 residential units sitting on top of a retail mall, community club and bus interchange. Subject to approval this development may also be connected to Northpoint via link bridges and a covered pedestrian promenade. Another big plus is that the Yishun MRT is just across the road (Yishun Ave 2), a big advantage over other mixed developments such as Junction 9. The commercial units in this development will benefit from the heavy foot traffic associated with bus interchanges and MRT stations and the attractiveness to shoppers of having a large number of shops in the same local area.

The residential units need to be attractively priced to sell as shown by recent launches such as Riverbank and RiverTrees Residences in Sengkang which generated a lot of interest because of the lower psfs. Reported estimates are in the $1300-$1450 range. "Skies Miltonia, a 99-year leasehold condominium project in the Yishun area recently transacted an median price of $1,070 psf and it is 1.7km from the nearest MRT station which is Khatib.

 

hdb map

Photo credits - HDB

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Posted by on in New Launch

Thomson Three Video

Thomson Three is a condo that has a lot to offer and the best way to showcase this condo is by photos and videos. A new video can be found at our Thomson Three Website.

http://sgpropertysource.com/condominium/property/thomson-three.html

Enjoy the video and call our hotline if you are convinced that its worth a look.

Thomson Three Entrance

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