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[5 Sep 2010 | One Comment | ]
The up and coming high end residential enclave at the fringe of Balestier- Part 4

The recent property measures announced by Singapore Property have taken the heated market one step back. While the impact to the real estate market is to be further assessed, the market may most probably cool down for the coming 6 months. The imposed stamp duty over the 3 years could be taken as capital gain tax as form of penalty if you resell the property within 3 years of buying, and the HDB owners market is definitely stifled as the owner have to stay the minimum 5 years period before …

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[22 Aug 2010 | No Comment | ]
Gilstead Brooks Cluster Housing Development

If you are looking for landed housing yet hoping for communal facilities such as security, swimming pool & gym, cluster housing may be a choice for you. Cluster housing appears like landed housing except each of the unit does not carry land title deed but strata title. Therefore they are also known as strata title landed housing. In terms of facilities, cluster housing shares communal facilities and common areas like other condominium developments. Therefore there will be a maintenance fee to be paid monthly.

In the tucked away prestigious district 11 …

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[17 Aug 2010 | 10 Comments | ]
The up and coming high end residential enclave at the fringe of Balestier- Part 3

Continued from Part 3
The part continues to cover the project Thomson 368.
 UNIT PLANS
The architect has managed to submit Thomson 368 in time and enjoyed the GFA exemption of bay window and planter box.
1+Study:

The 1+Study unit of 689 sf comes with an open kitchen concept. For a size of this type, the occupiers are expected to be single or newly wedded couple with no kids. Therefore open kitchen with basic appliances may work well for you. However I do not like the idea of walking through the longish corridor along …

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[16 Aug 2010 | No Comment | ]
New buzz in Balestier: The Edge publication dated 12 Aug 2010

As requested by many readers, I have scanned the article on Balestier that was from The Edge, published on 12 Aug 2010 and will upload it soon.

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[13 Aug 2010 | 11 Comments | ]
The Edge interview on Balestier & Thomson development

Few days ago, I received a phone call from the Edge Editor, Cecilia Chow. She is the reader of Keithyip.com, and requested to have a phone interview as she is covering the topic of Balestier development.

Today I receive my weekly subscribed copy of the Edge. Under the Cover Story, Cecilia Chow has done a comprehensive review on the Renewal of Balestier. She has done a great job covering Balestier & Thomson property developments, therefore you should not miss out the issue.
You are able to find my views from the article …

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[10 Aug 2010 | 2 Comments | ]
Do you see this Gaudi Roofed Building along the CTE highway?

You would not have missed this ‘Gaudi’ roof design when you drive past the Novena area along the CTE. This eye catching roof with distinctive onion shaped domes belongs to the white apartment along Keng Lee Road called Haniffa.

You are able to see Muslim motiff cladding around the white apartment. This 12 storey building is owned by a Muslim family with 3 generations living under the same roof. Businessman Mohamed Haniffa, 70, spent $9 million in constructing the apartment block to house his family of 15 and five household helpers.

I …

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[9 Aug 2010 | 4 Comments | ]
The up and coming high end residential enclave at the fringe of Balestier- Part 2

To Continued from Part 1
INTRODUCTION
Let focus this part of article on the newly launched Thomson 368 by CDL.
368 Thomson is sitting at the former developments of Concorde Residences, Bright Building & Balestier Court. It is sitting on a freehold land of slightly more than 60,000 sf. It consists of a residential tower of 36 storey with 157 units, which is expected to be completed in year 2015.
Enough say of the surrounding site in my earlier articles. What is ‘striking’ is that the residential enclave of CDL’s empire being broken up …

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[1 Aug 2010 | No Comment | ]
Pastoral View at 5 Bassein Road going en-bloc with OCBC

11 Bassein Road has always appeared more of a historical site to me whenever I take a turn from Balestier Road to go to Mandalay Road. The reason being that I witness the intriguing structural ‘remains’ on the piece of plot with hoarding surrounding the site.
From the recent news on Pastoral view at 5 Bassein Road going enbloc, then I realised the plot of land belonged to OCBC bank.

I thought this is a pretty good strategy, as the land area will be 51,395 sft based on the combined land area. …

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[29 Jul 2010 | 11 Comments | ]
The up and coming high end residential enclave at the fringe of Balestier- Part 1

Do you know how much will a developer has to pump into a showflat for its launch? Depending on the size of the showflat, the cost will run up to few millions including the steel structure and interior fit out works. After all, the success of the launch relies very much on the Wow effect of the showflat that it is able to stir up the purchaser’s desire to put down the downpayment and sign the S&P. Therefore all developer are not stingy in spending on showflat in order to …

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[19 Jul 2010 | One Comment | ]
Melrose Court up for enbloc sale

Following the successful collective sales of Diamond Tower and Goodwill Mansion, there is another apartment in Balestier is going for enbloc sale,. Melrose Court, a private apartment of 4 storey of 32 units, is located at No 10 Lorong Limau. It is located near to the famous Whampoa Market.
The indicative price of the development is $48 million, which works out to be $688 per square foot per plot ratio. The asking price is slightly higher than the recently transaction at 21 Kim Keat Road at $670 per square foot per …

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