I’d like to sincerely wish Singapore, my country a happy 44th birthday.
Despite the hectic and stressful life that we lead in this little country, credits must be given back to the well managed, independent land that has given us peace and stability since the day I was born in KK hospital.
Happy birthday Singapore (:
It was a busy day at the show flat for Viva, an AllGreen launch at the 4th day of its private preview for Knight Frank customers.
107 units out of a total number of 235 was sold till today and not all apartments were fully released. Among the most popular sizes were the 2-bedroom (957sqft) and the 2+study (1,044sqft) as they were snapped up as soon as they were announced available. Price is averagely sold around 1,550 per square foot on median.
A copy of the latest units sold could be downloaded here.
These are the selling factors that moved buyers to purchase Viva
The official launch for Viva is tomorrow (8th of August 2009) and all agencies are welcome to co-broke with any of the Knight Frank agents to bring your client down. To avoid disappointment, buyers and co-broking agents do call/text me at +65 91253045. If you can’t reach me, please contact Nicholas at +65 96582047.
Refer to the FAQ for Viva to understand the discounts given with the different payment schemas.
Should you have further queries about Viva, you can use this contact form to reach me; Expect a prompt reply.
As with other new launch projects from Knight Frank, I thought it would be nice for a last minute (very unfortunately) would be asked questions about the upcoming Viva relaunch
What’s the discount I’m expecting if I’m buying?
The discounts from the list price is as follow depending on the schema that you take for the purchase:-
Finishing? Is it good?
Great! I’ve seen the things that they are throwing in. You’d love the Miele kitchen if you’re a kitchen person (washer and dryer not included though). The fridges are integrated and makes the whole seemed blending.
White marble for your flooring gives a very clean and elegant look; in fact it brightens up the whole apartment.
Very functional layouts too.
When is the Temporary Occupancy Permit going to be issued?
Estimated in June 2013.
What’s the status of the construction?
They’re currently laying the foundation, so be expect for your mortgage to start kicking in at the 10% level as the foundation should be finishing soon.
When is the actual launch?
The actual launch will be on the 8th of August 2009. Co-broke agents are welcomed to liaise with us.
How many units were actually sold?
As of some latest news update, a total of 58 units were snapped up.
What are units sold? And what will be released for tomorrow?
Refer to the elevation chart here (might not be the latest, but keep looking as I’ll try my best to give you the latest). All stacks are released from level 05 to 09, level 14 to 16 and both level 24 and 25.
Is there going to be a side gate? Where is it going to be?
There will be one side gate that opens up directly for you to walk to United Square.
What road will the main entrance be facing?
Your main entrance will be from Suffolk Walk. Thomson Road is a busy road. Besides, it’s a cul-de-sac (no through road), giving some exclusivity to developments along Suffolk Walk.
What is the price going to be like?
We’re expecting a median range of at least $1,500 per square foot for most units.
I’m interested in the Penthouse or the Sky-suites, how come I cannot find the layouts from your brochure?
Contact me and I’ll send it to you separately.
Err where’s the layouts and brochure download?
Do refer to the blog entry for Viva here.
Who should I be contacting to book my units in Viva for priority?
Any of your Knight Frank agents to get into tomorrow’s preview. Or else any of your preferred agents to the main launch on Saturday. We co-broke :-)
If any buyers who wants to get into the preview tomorrow on Friday have no one to bring you in, you may contact me at +65 91253045.
I was fiddling with my new StreetSine market report for my clients to analyze and plan their marketing proposals. Just one word about this tool which I highly recommend for fellow realtors, AWESOME.
It makes Comparative Market Analysis so much easier. Gone are the days that I will have to spend to find comparatives to show my prospective clients, which could be done in just minutes.
What comes in the StreetSine Home Reports?
Individually selected private condominium or landed housing projects could be generated. You’ll have:-
The generation of report takes no more than 30 seconds and it’s being generated in pdf (20 plus pages, could be more) so you could send it directly to your client’s email for their references.
Tsk tsk, I save trees by sending to their emails instead. During presentation, I’ll be using my IBM X61T tablet so we could just draw on the report itself to make an impact on emphasis on any clauses in the report.
Download a sample copy of the Home Report from StreetSine.
Why StreetSine Home Report?
As professional Realtors, we do choose our listings, try to manage our time and effort when it comes to dealing with our buyers and sellers; The report generated by StreetSine references to the latest official statistics and data from URA. The reports act as a pivot point as data comes from official sources which would give a fair indicative of how the current market is doing.
Both parties would then know that an agreed price in terms of rental or sale if not far away from the recommendation would be an acceptable range.
You save time by closing deals more effectively.
The statistics generated impresses me. And if it could impress a professional like me, it should do more delight to your clients when you present it to them. I find the ‘Amenities within 2km’ and ‘Similar Projects’ very useful for presentation.
Should I get per report basis at $25 each or just pay $899 for an annual subscription for unlimited report generation?
It costs $25 to generate an individual report. If you’re a home owner who’s curious about your property data, I would suggest you just purchase one report. But for fellow colleagues, take the $899 option, whatever that you’re closing will make you way more folds than the subscription.
It’s just part of your business cost, tax deductable.
They’re also having a current special promotion. If you’re using my referral link to subscribe, you’ll save an additional of $200, discounting it to $699 effectively.
Bah why not share with my colleagues to get the account?
I would strongly object to this move. These things are intellectually StreetSine’s rights and I’m sure they do monitor your usage.
Also, your name, Real Estate company and phone number is included automatically in the report, so why go through the hassle of having a possibility of your account suspended or editing the data with your own signature?
Subscribe at $699 for a no-frill unlimited report generation today!
Home owners who are looking for an effective agent to market your property can also contact me for an analysis of your apartment or house anytime (:
Amidst the strong market, Allgreen has given the green light to move Viva, one of its most prime locality project right after the good take-up rate of its One Devonshire project.
We’re expecting the relaunch by next week.
Project Details of Viva (District 11)
Location: 2, 6 and 8 Suffolk Walk
– Full Condominium Facilities
– Good Land Size of 128,105 sqft
– Tenure is Freehold
– Developer is Allgreen Properties
– Expected key collection (TOP) will be 30th June 2013
– Total units in Viva is 235 (3-blocks of 30-storey)
– Basement Carpark (274)
– Type of units available
– Recreational Facilities
Download a copy of detailed Layout Plans, Artiste Impression and Project Specifications of Viva (5.6mb – right click and save-as)
I’ve visited the showflat today and can affirm the finishings are as good if not better than One Devonshire’s. Quality white marble, full Miele Kitchen accessories, Hansgrohe sanitary finishings.
Layouts are good, no odd shapes apart from the balcony which forms its structure shape from the outside, yet not affecting its living functionality.
This is also one of the rare projects which still offers Deferred Payment Scheme (DPS). Interest Absorption Scheme (by HSBC) and Normal Payment Scheme are available.
Knight Frank is the sole marketing agent for Viva. Contact your favorite Knight Frank agent for priority booking or details today! Alternatively, you can get me by text at +65 9125 3045 (if you’re shy, else call, I won’t bite!) or using this no-frill form.
The wait is finally over. Meadows @ Peirce is launching this coming Friday on the 24th of July.
No no, you don’t have to get a blank cheque to enter the showroom, but it would be best to register your interest with any of the Knight Frank agents (or myself) to visit the showroom to avoid disappointment.
Tomorrow, the preview will be available to staffs of UOL, ex-Meadow Green and business associates to book.
Phase I units have already been noted. To register your interest to view the showroom, contact me (+65 91253045)
I have quite abit of interest registered with me quite surprisingly despite having Meadows@Peirce entry just written last night.
A few questions which you could be asking if you’re interested in Meadows @ Peirce (tsk tsk. you’re a nature lover)
Who is the appointed marketing agent for Meadows@Peirce?
There are two realty companies involved in this joint marketing campaign, namely ERA and Knight Frank (dum dum dum!)
When is the launch date?
It would be announced tomorrow in a seperated briefing from the developer attended by both joint marketing agents.
Where can I download a copy of the sitemap for Meadows @ Peirce?
Google it! There’s plenty of agents who has uploaded the sitemap. Hmm, I’ll cut your time short, download it directly from here.
Err, the floor plans?
Right here (:
Can I have more details of Meadows@Peirce?
Refer to the blog entry here.
Can we get the units we want right away by pre-booking?
Nay. Until further information is disclosed by the developer UOL tomorrow, both the joint marketing agents will not know what’s going on. BUT! you can contact your friendly agents from Knight Frank (not too sure about ERA procedures) to fill up a pre-booking form and have your friendly hardworking agent ready.
Not sure who to trust? Contact me (+65 9125-3045) and I’ll have my team tailor to your booking needs.
Will this project sell out?
Beats me, but its a pure question of how the market is trending now. As we know, the primary sales market is fiercely climbing, again people who really loves nature and likes the vicinity will understand Meadows@Pierce has its unique nature factors which can’t be offered by a very urban Singapore.
There are only a few places which I could associate nature and Meadows@Peirce is definitely sitting on one.
How much will my favourite or choice unit be priced?
Not till tomorrow do we know the indicative, but I did a little homework and this could be a guideline,
Meadows @ Pierce launching soon. Following the successful launch of the Double Bay Residences (DBR), UOL will be launching another mass market project – Meadows @ Peirce, in 2-3 weeks’ time. According to Knight Frank, the marketing agent for the project, this 479-unit freehold residential development at Upper Thomson Road consists of a refurbished tower block (14 storey) and three 5-storey blocks and will include small-size units to cater for the market demand. Launch price for this project is expected to average around S$900 psf, which is higher than the S$800 psf that we have assumed in our valuation. UOL will also be able to save on the construction cost through the refurbishment of the existing 14-storey tower. We estimate the breakeven price of this project to be ~S$670 psf, which could potentially yield a healthy profit margin of 26% for UOL.
Wait! What’s the Real Name of the Project? Meadows @ Peirce or Meadows @ Pierce!?
Meadows @ Peirce (Peirce Reservoir)
Priority VVIP Preview?
We’ll have to wait till the announcement tomorrow. (Latest Update), Preview for Knight Frank registered buyers is on the 24th of July, but you can book your choice unit as early as 19th of July if you do not need to visit the showflat.
If you love what you saw, or at least saw both the sitemap, the layouts and definitely the descriptions of Peirce@Meadows, i would suggest you to contact your favorite Knight Frank agent or me (+65 9125-3045) for a no obligation discussion.
Knight Frank is proud to be one of the official marketing agent for this lush-greenery massive project in Upper Thomson Road.
Project Details of Meadows @ Peirce (District 26)
Location: Former Green Meadows (101 – 119 Tangore Avenue)
– Full Condo Facilities
– Landsize is a massive 461,004 sqft
– Tenure is Freehold
– Developer is UOL
– Expected TOP would be 30 September 2012
– Total of units is 479 (1 block of 14 storey, 3 blocks of 5 storey)
– Types of units available:-
This project offers lush and spectacular views of 360-degrees pure greenery. If you love nature (I know I do), this will be a quality product coming from UOL not to be missed.
Preview invites are coming soon so do register your interest with your favorite Knight Frank agent to get possible first hand information. Oh you don’t have one? You can register your interest with me (+65 9125 3045) too
With Singapore climbs out of technical recession with 20.4 growth percent in Q2 this 2009, the government has also raised its growth forecast for the months to come. With much credits to the government and her people, Singapore is the first Asean country to move out of a technical recession.
Will we continue to fair much better? It seems there’s still much life in our daily lives, trades and walks of live in our own country hasn’t been much affected by claims of the worst recession in years, no doubt we’re in good hands.
Primary New Home Sales Up 9.4% in June
1,825 homes were sold in June, tiding over the figures of May by 9.4%
The fuel mostly came from 8@Woodleigh in Potong Pasir which attributes to 330 units of the sale. The median price sold was at $804 psf. Other residential projects which added the numbers were Martin Place Residence, Nathan Residences, One Devonshire and Vista Residences.
Foreign Investors Back?
Foreign buyers are slowly creeping back into the country as the high-end luxury segment seems to be moving as well. Two units were sold recently at Nassim Park Residences by its developer at above $3,000 per square foot (psf), one of them at $3,813 psf.
In the sub-sale market, a caveat has surfaced for a 37th floor unit at The Orchard Residences at about $3,550 psf last month.
Caveats have also been lodged for transactions of three units at The Ardmore Park at $2,375-$2,513 psf, and for a sub-sale deal at Marina Bay Residences at $2,200 psf in June.
A Possible Start of Another Bubble?
With Singapore snapping out of technical recession in the second quarter, observers said this may inject more confidence in the property sector.
The figures are definitely going to be affected from end of August to mid September onwards because of Chinese Hungry Ghost Festival (20th August – 18th September), but should the momentum continue to swing forward after the period, it could possibly be a strong rally.
The first attempted enbloc is finally happening with the surge of market movement lately in property riding on the possible surge and better sentiments in the property market.
The 16 year old 72-unit freehold Dragon Mansion (District 2) on Spottiswoode Park Road has crossed the consent figure of 80% to proceed with the en bloc sale.
Dragon Mansion has a designated residential land area of 41,874 sqft with a plot ratio of 2.8 and can potentially yield a maximum gross floor area (GFA) of 111,700sqft. CKS Property is the marketing agent for the en bloc sale.
High Asking Price?
The asking price for the en bloc is at $1,020 per square foot per plot ratio (psf ppr) which totals the possible development charge to be around $400,000. The asking price set is based on ‘limited availability of such freehold residential land near the central business district’.
Will it go? It’s hard to tell since the price tagged is really steep at the moment as property watcher noted that UOL in the property peak times (2007) has paid for Oakwoods Height which was just nearby at 740 psf ppr.
Again, we should probably see new en bloc attempts coming up again if primary sales market continue to move as developers will be looking for new supply of their land bank.
