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 …

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 …

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 …

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. …

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 …

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 …

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 …

So the long waited CDL project located at the former Concorde Residences, Bright Building & Balestier Court is revealed. Located at the address at 368  Thomson Road, the project is named after the old development as Concorde. With the site area of 60,566 sft, CLD the developer will be building one tower of 36 storeys with 157 residential units.
The selling price set is estimated from $1300 to $1500 psf, which is very much expected after the successful launch of Cube 8 at $1250 psf. I append herewith the different unit types …

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 …