The Arte vs. Vista Residences Part 2
CONDOMINIUM DEVELOPMENTS IN BALESTIER
There has been a lack of full-fledged condominium developments in Balestier, which is dominated by old apartments. De Royale in Balestier is the only one condominium development I can think of. Pavilion 11 does not come with tennis court, therefore I do not consider it a true condominium development despite of it has 180 units in one development.
However we are going to have these 3 full-fledged condominium developments side by side in a same area, led by CDL’s the Arte to be completed soon (I am seeing the hardscape and softscape works are in progress now), followed by Cube 8 & Far East Organization’s Vista Residence. Three projects have relatively large site area and spacious communal area with dense tall towers housing all the residential units. They all boasts extensive facilities, from large swimming pools, to garden walk, jogging track, playground, gym, green terraces (with Vista & Cube having sky terraces), to the tennis court provision.
FACILITIES
The Arte @ Thomson features 50 metre lap pool, children’s play pool, sun deck, cabanas pool deck, steam baths, work-out room, yoga court, reflexology walk, garden walk, jogging track, sculpture plaza, arrival plaza, reflective pool, water court garden, eco pond, workout station, children’s playground, tennis court, party lawn, grill garden, clubhouse, party deck, outdoor lounge, basement car park, and 24-hour security.
Vista Residences also feature a 50 metre lap pool and lagoon pool, basket ball half court, and garden areas. However it is different from the Arte which have practically all communal areas at the ground level. For Vista Residences, the 2nd floor of each tower is a lounge area, while sky terraces are found on the 24th floor (T1) and 23rd floor (T2) respectively. Both blocks are connected to a separate podium block each – this is where the multi-storey carparks are located. On the rooftop of podium 1 is a tennis court and 2 garden pavilions (with kitchen and BBQ facilities), while 2 other garden pavilions, a bicycle track and a children’s play area are on rooftop of podium 2.
Vista Residences with sky terraces
In Vista Residences, the placement of the communal areas at different levels has allowed residents to enjoy good views if they are not blessed with staying at high levels. Sky terraces definitely add value to the facilities premium value.
CARPARK
In the context of high end residential developments, basement carpark provision has become a must. The Arte comes with a basement carpark, which is more popular with residents. One needs not need to be concern of weather, and the walking distance to the lift lobby will be definitely shorter than the use of separate multi storey carpark. Therefore for Vista Residences, it has invited criticism for the provision of 2 multi storey carpark, which one has to travel down from the carpark and travel up to the apartment again. It will be more of a hassle if you are tagged with grocery bags or tonnes of luggage.
Personally I do not detest multi-storey carpark. They are definitely much cheaper to construct. More importantly, I find them more environmentally friendly. Imagine we do not need to provide the costly mechanical ventilation and additional fire protection. If you are going GREEN, you should be going for something more practical and less energy consuming. Of course, this is my personal view, which might not be agreed by the end users who have paid millions to enjoy the lifestyle of luxury.
SITE PLANNING
The Arte is blessed with a large rectangular site easier for planning. The 2 towers are located at the centre of the site with the adjacent open spaces given to communal facilities. Personally I found the 2 towers being too design too close to optimise the view. In addition, it would have been more ideal if the 2 towers were to be site further from the PIE highway, with more acoustic barriers designed along the boundary in response to the harshness from the road traffic. Dust is another problem that it would face.
In comparison, Vista Residences is sited at a L-shaped plot which is less efficient in its site planning. In the site planning, the architect decided to detach 2 towers apart, with one orientated towards the Mac Ritchie Reservoir and the other block towards the rear development facing the adjacent, the Cintrine, in North South oriented in consideration.
UNIT ORIENTATION AND UNIT TYPES
From the earlier site plan illustrating the three development (Cube 8, the Arte, Vista Residences), it reflects the priority of view over basic thermal comfort consideration. It is apparent that all architects have been orientating the buildings premium view towards MacRitchie reservoir and siting the blocks carefully as to optimise the view ‘out’. However it is not possible to eliminate all negative factors that there are some unit stacks will be having blocked views.
Most buildings are orientated towards the Reservoir view, therefore giving most building façades with North West exposure. With today’s design with full height glazing, it would result in immense heat gain unless with sun shading features properly used. Maybe it has been taken for granted that every unit will be mechanically cooled in today’s context, that I found the immense amount of glazing used in all developments to be too excessive and not environmentally friendly.
The Arte comprises of a total of 336 units. It, in comparison to Vista Residence, boasts larger units — two bedrooms at around 1,055 sq ft, three bedrooms from 1,399 to 1,625 sq ft, four bedrooms of 1,873 sq ft, eight units of 2,896 sq ft sky suites and 10 sky villas of up to 4,000 sq ft. Vista Residences has a total of 282 units. It offers a popular 1 bedroom unit of 646sf, 2 bedroom of 926 sf, 3 bedrooms of 1109 to 1249 sf, 4 bedrooms of 1292 to 1313 sf, and the penthouses of 3229 to 3519 sf.
UNIT DESIGN FEATURES
In terms of design unit layouts for the Arte & Vista Residences, they are pretty standard. Basically, one enters into the living area attached at the back with a kitchen, with a corridor leading to the rooms. However there are 2 main features differentiating them: the spacious balcony in the Arte and the bay window in Vista Residences.
The Arte unit layouts come with spacious balcony (big enough to put in a dining table) and planter boxes, with most of balcony spanning across to bedrooms areas. I personally do not favour the continuous balcony from living to bedrooms, since it has somehow blurred the areas of semi open area in living and private area in bedrooms. Can you imagine if your guests standing at your living balcony enjoying the outside view, and somehow get a glimpse of you in pyjamas in your bedroom? Though you may be able to do up divider and screening in between the balcony, I still do not find the space planning is efficient. I personally like spacious balcony, however it should be fully functional and useable.
I personally find the spatial design for Vista Residences more efficient and design friendly.
We do not have much area dedicated for bay windows in the Arte. However Far East is still trying to optimize the area for bay window for Vista Residences before the change in the GFA ruling. The bedroom areas in Vista Residences are generally smaller than the Arte. With the adoption of bay windows, it is not helping much to the internal spaces. To me I do not find bay windows much of useable areas except for sitting, placing books or displaying photo frames. It applies especially for small bedrooms. To me, it is just the loophole that the developers are exploiting since they are being charged the same price of the exorbitant saleable area in the S&P agreement.
NOISE/ DUST POLLUTION
My concern for the stacks closest to the PIE highway is the noise pollution, since the traffic volume has been very high. The noise level could be unbearable during peak hours, and the condition could be worse at higher level. I visited the site to check out the noise level. The continuous pitching sound from the PIE highway was rather unbearable, and I was there during the off peak hour. I could imagine the noise pollution would be rather serious during the peak. However I believe many buyers of the developments are well aware of the site condition, and noise pollution is definitely not on the top of their list in the decision making. One thing you may need to take note is that, the higher the floor, the noisier it is as the sound always travels upwards. (in a way of saying, you are exchanging the noise level with better view)
The use of balcony in the Arte and Vista Residences could bring about another problem. Sliding doors are provided at areas for access to balcony. And sliding doors system is considered one of the weakest systems in acoustic treatment, since the sliding profile of the aluminium tracks does not allow airtight closure and have high leakage of noise. The residents facing the PIE highway are not able to shut out the noise fully by closing the doors at night. Of course, this is my personal knowledge of glazing and aluminium system technology. The projects may have adopted an approach resolving the tricky noise issue.
Since Vista Residences is sited further from the PIE, separated by a wide canal, it may suffer less than the Arte. And the block with stack 01 to 06 may be the least impacted, with the rest of blocks in the Arte & Vista Residences blocking and softening the road noise. However in terms of viewing, the lower storey units are basically blocked by the adjacent developments like the Citrine and Gallery Fifteen.
EXPECTED TOP
I would always like to purchase something with certainty. When the Arte is being launched, the site has commenced work. Therefore the buyers could anticipate the TOP to be in one to two years time. As for the case of Vista Residences, the anticipated TOP is 2015. If you visit the show room today, it is evident that the site has not commenced any work yet. If I am going to sink in my booking money and pay up according to the progress payment, I will feel that I am being locked into a position in the coming 5 years, without knowing the global economic impact in so many years. That is not something that I would feel comfortable, since there is simply too much uncertainty in today’s economic sector. Who knows that the property will sink in 3 years time, making today’s purchase appear far too expensive?
Though there may be worries over the over crowding and pollution concerns, I still think that there will be more positive elements arising from the developments. With much of the rejuvenation activities in Balestier area, I hold much anticipation to the place newly make over. It is with much excitement that Balestier will be transformed into an area popular with high end residential area, fighting the glory of Newton & Novena area, yet retaining its unique and colourful historical character in Balestier.
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Hi Keith
The 2 projects have indeed raised the confidence of sellers who have older apartment units in the vicinity. I was just looking through some of the listings and the Citrine which is just beside Vista residences is now asking for 900psf. But wonder anyone will buy? Maybe given that the price is still cheaper than the current sale of the units from Vista which I saw from papers is at 1250 psf.
Balestier, esp the end nearer to Thomson has seen prices appreciate by so much and expected to rise some more given CDL will launching one more project on the site of Concord residences.
I saw your other article on St Michael’s area which seems to gain popularity but price still reasonable. Any units you would recommend?
Michael
The resale prices for many areas have shot up with the new development launching prices making existing projects appear ‘cheap’. It is the same case for the Vision that the neighbours have corresponding transacting at record breaking prices.
Not sure why CDL fails to acquire the Tan Tong Meng Tower (the red pillar tall tower). Most probably that the prices cannot meet. It is quite a pity though. If CDL had successfully acquired the whole entire areas inclusive the Arte, Cube 8, Tan Tong Meng Tower together with the remaining Concorde & Bright, and if they are ambitous to launch a project as large as the interlace residential development by Capitaland, it will be very exciting and definitely changing the Balestier landscaping greatly. With the Tan Tong Meng standing along the way now, the play of game is much more different and constrained….
Many people starting to notice st michael & potong pasir areas, since these areas are pretty similar to Balestier, which are good in location but the forward planning is much more ambiguous in comparison to the satellite towns.
Actually the units in the areas at good prices are going very fast… It seems many buyers are starting to do more homework and do more comparison….i am seeing an accelerating upward trends in the areas….
There is an unit from Euro Asia Park going at $711 psf….I have recently sold one unit from Avon park nearby too. The prices are still much stifled since the nearby MRT Woodledge and international school are not ready. I foreseen this area having much potential, since the vacant lands are ready to developed into malls and more developments. Actually 8@ woodledge had been sold out when it launched too.
Pls check out my listing on the Euro Asia Park if you need further info:)
To answer the query on why Tan Tong Meng not acquired; I believe most of the units are still owned by the children of TTM. They will not sell for supertitious and sentimental reasons.
TTM held the belief that his location is the gateway of spirits during the 7th month and so the building colour has been and always will be just red and white.
@Tony:U r right that the Tan Tong Meng is owned mostly by their children. By chance I know the Tan Tong Meng families briefly. They are very close knitted and warm people.
TTM went for separate enbloc sale earlier however it seemed that was not successful. So not sure how is the status now.
Thanks for the update on the use of red and white. They are just so prominent from from the PIE, as it is the landmark for the place:)
Hi Keith
I saw your 2 new listings with interest, namely the Bellforte and Global Ville. They seem to be located close to the Arte, Vista, Cube 8 esp Global Ville but their prices are much lower, probably because of their age and apartment status rather than full condo status.
Perhaps you can provide some of your insights in your featured properties column? Worthwhile investment?
Thanks
Michael
Hi Keith
You reckon any enbloc potential for old developments like Global Ville? But given it is already 16 storeys high does not make it very attractive for developer unless it acquires the plot beside it which Popular land has already bought.
Michael
@ Michael: As for now, developers are still more keen on GLS, Government Land Sales as to enbloc, since it is more affirmative on getting the land fast than negotiation process with the enbloc owners. Unless gvt slows down their release of land, and enbloc sellers are able to lower down the expected prices, it is pretty unlikely we are seeing high volume of enbloc activities.
Nevertheless, looking at the current launching prices, it is worthwhile to look into resale projects as they are normally much lower than new projects which have to factor in the current high construction costs. With the tightening of foreign workers, I expect the construciton costs will go up over the coming years. And the developers will definitely build into the new launching prices too.
@ Michael: I would consider your suggestion on doing up attractive projects under the project of the week. However most of the time the reality is that the good units go so fast that the Global Ville and Monarchy Apartment have been sold within 3 days time….
Hi Keith
Congrats to your successful sales. It must have been a busy time for you with the buzz of activities. I am amazed at the speed with which units are snapped up by buyers. I reckon the Global Ville unit is a steal given that the 2 bedrooms in the Arte and Vista are commanding above 1000psf and they are not ready for occupation yet.
You reckon prices will go up further in the neighbourhood when the Arte is TOP which seems pretty soon?
Can I check are private condos and apartments sold above bank valuation nowadays with the bullish sentiment?
Michael
@ Micheal: It is always easier to command higher prices once the project gets TOP. We foreseen the prices will go up though not as too aggressive once the Arte obtains its TOP.
As for current sentiments, banks and buyers are pretty careful with loan. Some banks are more conservative and some banks are more bullish. Therefore it is not uncommon to see different valuations for the same property. I have sold several some private units above COV, but within reasonable range….. not as aggressive as we see in HDB resale.
Hi ,
just curious , who is Tan Tong Meng ? Is he a famous person ? Cannot find anything on google about him
regards,
angie
@Angela: I understand this is the name of their predecessor. Not sure if he used to be famous, but I believe he must be very rich to own a building tower few decades ago:)
Hi,
Do you think Tan Tong Meng was somehow related to the Tay Koh Yat bus company ? it seems there was a bus terminus on the site of tan tong meng tower previously. anybody from that era care to comment ?
regards
hi keith,
how did you come up with the picture you posted, which shows the orientation of the blocks of the Arte, Cube 8 and Vista? are they correct?
I want to know cause if I were to purchase Stack 8 of the Arte, the Cube 8 block will block my view.
Thanks for any clarification.
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keithyip
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