This article appeared in City & Country, the property pullout of The Edge Malaysia, Issue 820, Aug 23-29, 2010
The main Balestier Road has retained some of its charm with the presence of the Tua Peck Kong temple, Balestier Market and Food Centre, shophouses selling lighting fixtures and other home fittings, as well as popular eateries such as the famous tau sar piah shop, the Founder Bak Kut Teh Restaurant, the bak chor mee stall and Boon Tong Kee chicken rice restaurant. The greatest transformation, however, is happening on the side …

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 …

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. …

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 …

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 …

We witnessed several successful enbloc of industrial buildings in Balestier, the 6 Jalan Ampas industrial building early this year and the recent 21 Kim Keat Road site. We are seeing the area to be slowly rejuvenating and making its way to high rise residential area after the Urban Redevelopment Authority announced the area to be considered rezoning for residential use in 2008. Today I made a trip down to capture the area before all the changes take place. 
If you are driving along Kim Keat Road, you will reach Lorong Ampas once …

From the earlier article on sale of Colorscan building at 21 Kim Keat Road, it has been successfully acquired by a boutique developer BS Capital for just over $36 million or $670 per square foot of potential gross floor area, including an estimated development charge of almost $25 million.
Looking at the recent transactions of the residential aparment, D Lotus which is located just across the road Ampas Road, the prices have been pretty good at more than $1100 psf for relatively small units. Unsurprisingly, the successful buyer BS Capital is …

There are some road names that have been  Singapore history with the city’s rapid urban development and rejuvenation. If you are still looking for a lane named Jalan Bunga Raya in Balestier and off Irrawaddy Road, you may want to know that this road has been long gone over taken by a high rise residential development currently in construction. Domus, as the name of the new development, is a 29 storey residential development of 109 units which will be completed in the year of 2013.
 
 
Jalan Bunga Raya was previously a …

It has been quite some time for the soft launch of d’Mira been progressing. I am still wondering when is the official launch for this MCL project. Today I saw the half page newspaper advert announcing the project official launch.
 If you are not familiar with it, just a brief background to the site: SGX-listed MCL Land purchased the site formerly know as Boon Teck Heights for $22.88 million in 2006. The site sits on a 27,369 sq ft freehold site located on Boon Teck Road off Balestier Road. You can …