The 2 enbloc sales in Balestier area have been successfully clinched as planned. Far East & Orchard Parade purchased Pastoral View together with adjacent OCBC land at an estimated $847 per square foot per plot ratio (psf ppr), and a local boutique developer bought Melrose Court at $665 psf ppr.
With the series of cooling measures introduced lately by Government, we expect to see more caution from developers in their land bidding. However freehold prime sites with sizeable areas are difficult to come by nowadays, therefore the recent enbloc at Pastoral …

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 …

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 …

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 …

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 …

Again we are seeing CDL making its successful presence in District 11 & 12 area with its recent launch at 368 Thomson.
After its impressive sales of the Arte followed by Cube 8 over these 2 years, CDL is returning with its last available landbank in Balestier: the former Concorde Mansion site. 80% of 120 units of the 36-storey freehold development comprising 157 units were released in Phase 1 has been snapped. Going at an average price of S$1,350 per square foot, the apartments range from S$918,000 for the 689 square …