Year of Completion - 2005
Client - City Developments Ltd
Project Value - $71.5 million
Area - 30,306 sq m GFA

This development is an upmarket condominium within a lush landscaping setting located in close proximity to the famous Orchard Road shopping precinct.

The project consists of a pair of thirty three storey building blocks comprising of 208 residential units with anciliary supporting facilities. Contemporary in style, the building is largely clad in glass. The glass facade treatment provides the transparency to maximize view points.

http://mywebpage.netscape.com/ssc1819/condo.jpg

http://mywebpage.netscape.com/ssc1819/condo2.jpg

http://mywebpage.netscape.com/ssc1819/condo3.jpg

http://mywebpage.netscape.com/ssc1819/condo4.jpg

http://www.dparchitects.com/

24 April 2004

http://img43.photobucket.com/albums/v133/RafflesCity/eve.jpg

http://img43.photobucket.com/albums/v133/RafflesCity/eve2.jpg

http://img43.photobucket.com/albums/v133/RafflesCity/eve3.jpg

Hmmm I wonder where Evelyn Rd is. I notice the bedrooms don't have bathrooms attached except for master bedroom. :D

Its very near Newton Circus at the junction of Newton and Dunearn Roads.

btw there are quite a bit of construction sites for residential apartments in that area (as well as newly completed ones) but this should be the tallest under construction there :cool:

Hua! I have not heard of this development before! Thanks for this! :D

Neither have I. I was walking along Newton Rd when I saw some cranes and decided to investigate.

I dont think this is the final name of the project though. CityDev's website classifies this as a 'future launch'.

Yeah..I just noticed too. Quite wierd for an u/c development to do without a name. There was none even at the worksite?

Not that I noticed. Maybe some developers build first then sell.

There is also a newly completed residential next to it called SETIA I think.

How tall is this Setia thing?

hehe..looks tall at least 20-25?

I will post a pic of it in a new thread soon. It looks gorgeous..so white. Oh btw theres a blinding white apartment at Balestier too..quite tall but didnt take a pic of that.

I might have that white building u posted. I took a walk through the entire balestier area only last year.

The area around this development is still unwalked by me thou. I hope to do it soon, and to update myself on all the condos there...hehee....

The Setia thing is not even in the Street directory except for one called "Setia Mansions"...is it the same thing?

might be...if its near Newton than it most probably is.

Ic...nvm...will jalan jalan down there soon. BTW, is this developmen beside a church?

yup! Next to a Hakka Church

Hmm....seems like it is squeezed between the church and the SETIA thing from the maps...

oooh this one looks really promising! it's got a little of the dubai-style-curve.

oooh this one looks really promising! it's got a little of the dubai-style-curve.
The rendering so unclear leh....

yar... but can see the shape and get a clear idea of it lar..

27 June 2004

Rising rapidly
http://mywebpage.netscape.com/ssc1819/eve27.jpg

from another angle
http://mywebpage.netscape.com/ssc1819/eve27a.jpg

The other block, slightly slower progress
http://mywebpage.netscape.com/ssc1819/eve27b.jpg

Nice curves in the right places! :D

It still has no name, btw?

8 July 2004

The slower growing block has grown about 1.5 floors

http://mywebpage.netscape.com/ssc1819/eve07.jpg

14 July 2004

the slower-growing block
http://img48.exs.cx/img48/1397/eve14b.jpg

the other block
http://img23.exs.cx/img23/3821/eve14.jpg

http://img38.exs.cx/img38/4628/eve14a.jpg

Nice curves in the right places! :D

It still has no name, btw?

I checked and its called the Infinium. They are also getting the showroom and signboard ready at the site.

31 July 2004

http://www.skyscrapercity.com/photopost/data/500/103inf31.jpg

Sounds futuristic.:D

When it is completed it is going to dwarf that white neighbour...

about 10 more floors to go! :cool:

White neighbour...that one behind it in the last picture? Well it looks like it has some way to go before dominating the later! :D

No ah..it is now quite dominant from far away too. If you travel along Bukit Timah/Dunearn along that flyover next to SCGS, you can see the skyline of Newton rise ahead and soon these will make themselves heard! :cool:

Well I am excited to say the least! :D

Let's wait and see!:D

22 August 2004

http://www.skyscrapercity.com/photopost/data/500/103inf228.jpg

11 Sep 2004

http://mywebpage.netscape.com/SingaporeSSC/inf119a.jpg

18 Sep 2004

http://img.photobucket.com/albums/v133/RafflesCity/inf189.jpg

8 Oct 2004

the signboard is ready and so is the showroom
http://www.skyscrapercity.com/photopost/data/500/103infsignboard.jpg

http://img30.exs.cx/img30/4453/inf810.jpg

6 November 2004

blue glass cladding can be seen

http://img104.exs.cx/img104/3202/inf0611.jpg

Very unique floorplan, and even more unique name.... 'infinium'.... haha.. one wonders what will happen once they run out of strange words to name condos after...

then theyll start naming them EyeToEye :lol: j/k

but I'm excited with that blue glass..would look so cool, and the top has a fin shape, hence inFINium?

then theyll start naming them EyeToEye :lol: j/k

but I'm excited with that blue glass..would look so cool, and the top has a fin shape, hence inFINium?

By then, eyetoeye will be a registered trademark belonging to a singapore-based multi-billion dollar nano-tech R&D business

ooh..I await that day and dont u dare come up with a mediocre skyscraper!

nanotech.. can i have freebies?

ooh..I await that day and dont u dare come up with a mediocre skyscraper!

Oh you shan't have to worry about such details, i have my various misc. architects ponder over that. Most likely it'll be white titanium-clad with plenty of glass on one side and a flat white, shiny wall on the other with a circular base but flat and pointy top....

Nano-tech doesn't come cheap, heirloom, so forget it...

looks like you dont need your various misc. architects to ponder for you!

looks like you dont need your various misc. architects to ponder for you!

Oh, but they do! Who else is going to decide what to have for lunch?

oh man..you sound tyrannical or plain lazy

but uh you already have the building in your mind

12 December 2004

http://img113.exs.cx/img113/6876/inf12122ze.jpg

Infinium is comming up nice! :cool: :)

it will be much nicer when completely covered in glass!

it will add much to the Newton skyline as well :)

I have never heard of this building, but it looks nice!!

http://img.photobucket.com/albums/v606/redstone/novenaconst.jpg
What is this? :?
At Novena...

Its actually more at Newton side

Can see that theyre creating the decorative elements on the roof...the other block hasnt topped out yet :)

it will be much nicer when completely covered in glass!

it will add much to the Newton skyline as well :)
Glass covered condo? That is a rarity here! :eek:

Its getting more common amongst new proposals and I'm very excited! :banana:

but most of them are under construction now...I am sure this will be quite striking when finished..tall and blue :D

Sail would be glassy! :cool:

27th January 2005

http://img190.exs.cx/img190/5499/inf2701a8te.jpg

the other block hasnt topped out

http://img198.exs.cx/img198/9845/inf27019dh.jpg

5th March 2005

http://img166.exs.cx/img166/6734/inf05030uv.jpg

Looks impressively massive. Tall, shapely glass condominiums are in fashion, fortunately.

Aha... this looks different. I like that huge triangular thing that juts out from the top like a swollen(and unnaturally angular) pimple...

Nice! Glass is good.

Glass is class. :D :cool:

yup..they didnt botch this design IMO

it has both angular features and curves

CDL still hasnt launched this project though, and neither has its white neighbour (the SETIA) been launched.

How about the name? Actually i don't think this one is too bad. Eh?

Not bad at all

14 March 2005

http://img123.exs.cx/img123/994/inf14038zx.jpg

This pic makes me think of Dubai... :D

Looks almost Shanghai-ish.

Today, 29 March 2005:
http://img230.exs.cx/img230/8498/inf12jj.jpg

http://img163.exs.cx/img163/411/inf21wk.jpg

not bad..it looks more classy with that dark blue glass :)

Why are there so many holes???

"The white building" beside Infinium is called Setia, think it's owned by an Indonesian. Right now it's just serviced residences and it is already occupied - can see lights in the apartments at night.

I personally think the Newton/Novena area is going to have the most exciting skyline in Singapore in the near future, what with the coming up of Newton Suites, Parc Infinia, Infinium, Strata, Novena Medical Centre, Vida, et al. adding to the already-impressive skyline consisting of Newton GEMS, Newton 18, Amarylis Ville, Novena Suites, Moulmein Rise, IRAS building, Novena Square and United Square/Goldhill Plaza, Lincoln Modern, Goldbell Tower, Sheraton, etc.

It seems to be the only district besides Orchard where height restrictions allow above 35+/40+ floors. The only other buildings are isolated developments like Rivergate and the Sail. And I guess the Urbana as well, which I think is going to be the tallest development along River Valley.

Hi jchua76, and welcome to the forum :)

I heard that for Setia, one floor = an entire unit..it must be very luxurious in there.

Indeed the Newton skyline is now sprouting with highrise condos. I took several pics of the buildings here:
http://www.skyscrapercity.com/showthread.php?t=103353

Parc Infinia will add immensely to the skyline there.

btw I seem to think the height limit there is 36 floors?

Hi Raf,

I think you may be right about the height limit... around 36 floors I think...

Just went to your Newton skyline link... great pics!

I live in the Newton area and will definitely contribute photos of the developments coming up around here.

btw this is a great site!!!

Thanks :)

You live in Newton, that is great! I live nearer to the Novena side but I've been in this vicinity all my life. Indeed the skyline seems to be getting continuous from Scotts Rd, Newton Rd & Moulmein. Balestier is also another growth area.

Would love to see your pics too.

there's also meraprime and the queens for tall condominiums :)

Has anyone visited BLVD?

How many floors does it have?

I think it has 36 floors

and according to its own ad, is 180m above orchard boulevard.

11 May 2005

http://tinypic.com/51y347

This must be the best looking condo U/C so far in Newton/Novena.

for me its newton suites :)

21 August 2005

http://img397.imageshack.us/img397/8789/inf21080rq.jpg (http://imageshack.us)

I've seen workers doing up the showflat.. putting finishing touches on.. Expect to be launched in September.

I've seen workers doing up the showflat.. putting finishing touches on.. Expect to be launched in September.

so far no news

28 October 2005

seems to be taking a long time to clad the top

http://img83.imageshack.us/img83/1017/inf28107gk.jpg (http://imageshack.us)

residences@evelyn

hmm.. don't think i see any thread on this. i see it quite often as the church i am attending is just a stone's throw away. understand that the launch preview will be happening quite soon. it sure looks wonderful (blue everywhere) from the outside (apologies, i have no pics to share), and certainly is sitting on a pretty massive site.

hi duckweed, welcome to the forum :)

Hope to see you contribute updates to the forum too.

Here's a rendering of residences@evelyn

http://img100.imageshack.us/img100/1223/mwsnap0265ia.jpg

residences@evelyn

hmm.. don't think i see any thread on this. i see it quite often as the church i am attending is just a stone's throw away. understand that the launch preview will be happening quite soon. it sure looks wonderful (blue everywhere) from the outside (apologies, i have no pics to share), and certainly is sitting on a pretty massive site.

http://www.skyscrapercity.com/showthread.php?t=101634

It was previously named the Infinium, but wasnt launched, although the 2 buildings seemed to have been more or less complete since late last year...with more touching up going on. It sure looks awesome.

http://www.skyscrapercity.com/showthread.php?t=101634

It was previously named the Infinium, but wasnt launched, although the 2 buildings seemed to have been more or less complete since late last year...with more touching up going on. It sure looks awesome.

thanks for highlighting the thread. :) forgot the name used to be infinium. strange they are launching only near completion... maybe to catch the market at their right price, i guess. this requires great holding power on their part.

hi duckweed, welcome to the forum :)

Hope to see you contribute updates to the forum too.

Here's a rendering of residences@evelyn

http://img100.imageshack.us/img100/1223/mwsnap0265ia.jpg

thanks for the welcome. yes, i hope to do my bit as well. :)

Ha, I was thinking it's really looking like the Infinium, now I understand why ^ ^

I guess the new name sounds more distinctive, as the old name sounds like some other new condo projects in the area

Indeed, this project has a very nice and classy name. I believe it will be a hit in that area when launch. The price of the units there will also be very competitive with the surrounding projects like Newton One, Orchard Scotts etc.

Launch date is expected to be end of May but is now postponed till further notice.

*Ps: Buyers / investors, if you are interested in this project and would like to know more about this project, do contact me @ +65 94378613. ( Foreigners Eligible)

The Newton One project is doing at $1,250 psf leh !
Will that bring up the prices of the others in the Newton Area ?

Indeed, this project has a very nice and classy name. I believe it will be a hit in that area when launch. The price of the units there will also be very competitive with the surrounding projects like Newton One, Orchard Scotts etc.

Launch date is expected to be end of May but is now postponed till further notice.

*Ps: Buyers / investors, if you are interested in this project and would like to know more about this project, do contact me @ +65 94378613. ( Foreigners Eligible)

There's a launch in Hongkong today (friday). Am about to go and see it.

Showroom is available now.

Private Preview now on... Buyers/ investors, do give me a call if u r interested to visit the showflat. 2 out of the 4 PH are sold.


Indeed, this project has a very nice and classy name. I believe it will be a hit in that area when launch. The price of the units there will also be very competitive with the surrounding projects like Newton One, Orchard Scotts etc.

Launch date is expected to be end of May but is now postponed till further notice.

*Ps: Buyers / investors, if you are interested in this project and would like to know more about this project, do contact me @ +65 94378613. ( Foreigners Eligible)

How much psf, Bagus?

Not another '@'!!! :cry:

Infinium sounds much nicer.

Average about $1200



How much psf, Bagus?

Bagus: thanks!
Way too expensive for that area in my opinion. Still, I guess it may be reasonable if one is priced out of the Orchard area....

Yeah ! Will that bring up the prices of Amaryllis Ville ?

I am targetting to sell off an unit there leh ... hoping that I can get the same price less off the FH premium ...

Yup, agree with Suipalucsea… its way too expensive cos Newton area is so congested and its neither near Newton MRT nor Novena MRT stations. But then again, with many 99-year leaseholds going for $1,100psf and above, $1,200 for a freehold seems quite “reasonable”…

Maybe I’ll go take a look at the showflat this weekend…

Extract from Biz times:


CityDev sells 50 units in its Newton condo

Residences@Evelyn also previewed in HK, expected to be marketed in Jakarta

By KALPANA RASHIWALA

KWEK Leng Beng's City Developments has sold close to 50 units at its Residences @ Evelyn freehold condominium since it began previewing the Newton area freehold project last weekend.

The average price is $1,225 per square foot.

So far, the listed property group has released only one tower, with 106 units.

The 50 units sold so far include both penthouses measuring about 3,500 square feet each and priced at about $4.5 million per unit.

The project, which is being marketed by CB Richard Ellis and ERA, has 208 units in two 33-storey towers.

Two-bedroom apartments of about 1,200 sq ft cost about $1.35 million on average, while three-bedder units of about 1,600 sq ft are priced at around $1.85 million.

Four-bedroom apartments of 2,250 sq ft cost $2.7 million each.

Residences @ Evelyn was also previewed in Hong Kong last weekend and the project is expected to be marketed in Jakarta this weekend.

Nearby, Lippo has sold 53 units in its freehold Newton One condo since it previewed the development two weeks ago.

The average price is $1,250 psf.

The 29-storey project has 91 units in total and is the Indonesian group's first residential development in Singapore.

City Developments is developing Residences @ Evelyn on a 116,508 sq ft freehold site.

The listed property company is expected to launch more than 1,000 residential units this year.

Besides Residences @ Evelyn, its other project launches this year include the high-end St Regis Residences with 173 units, which it has begun selling, a 264-unit condo at Sentosa Cove and 100 units of the 175-unit Kings Centre Plot 3 condo.

So the price is not excessively exuberant for a freehold… just last year, out of desperation, a few buyers paid $1,600 and above for the Sail, a 99-yrs leasehold also from CDL. But of cos, we can’t compare apple with orange.

Yup, agree with Suipalucsea… its way too expensive cos Newton area is so congested and its neither near Newton MRT nor Novena MRT stations. But then again, with many 99-year leaseholds going for $1,100psf and above, $1,200 for a freehold seems quite “reasonable”…

Maybe I’ll go take a look at the showflat this weekend…

i thought it's pretty near newton mrt, definitely within walking distance.

Official website:

http://citydev.sg/CDL/Evelyn/home.html

15 July 2006

Dont think they've finished the details yet

http://i77.photobucket.com/albums/j67/RCSSC/inf1507.jpg

closeup of facade

http://i77.photobucket.com/albums/j67/RCSSC/inf1507a.jpg

Residences@Evelyn is averaging about $1,225 psf and it's still selling. Similarly Newton One has averaged $1,250 psf and is sold out. I'm just wondering why? Quite frankly, I feel that Newton One is a little too near the road (round-about). On the other hand, Residences@Evelyn is located in a less busier road with a much quieter neighbourhood.

The 2 developments are almost "similar" in comparison. Of course its not 100% apple-to-apple comparison, but my take is ... they are quite the same.

Any thoughts and views between the 2? Why one sells out so fast while the other is not so "sellable".

Could marketing efforts have played a part?

Newton One seemed to be very prominent, with a huge attention-grabbing signboard displayed at the busy Newton Circus junction. Or it could be the name of the development itself.

I think the layout/view and proximity to the MRT station are two important considerations…

Did the buyers of N1 realise just how close it will be to that flyover? I was a bit shocked when I had a look. And these sorts of prices for that area just make no sense to me. However I am usually wrong about this sort of thing...anyway that side of the road is a lot nicer than the Pk Infinia side.

...anyway that side of the road is a lot nicer than the Pk Infinia side.

What's wrong with the PI side ? Thought ppl like Lincoln Modern, Amaryllis nearby etc ...
However, must admit never been to PI site tho !!! Plus I think space and facilities at PI will be much more important.

Re price difference between N1 and R@Evelyn, 25psf is minimal compared with other factors. Secondly, guess N1 is a Lippo development, which probably means lots of rich indonesians coming in....

the finsihing of newton one is top notch whereas residences@evelyn is just normal. when i saw the both project at the preview, i know newton one will be the 1st to be sold out.

And these sorts of prices for that area just make no sense to me. However I am usually wrong about this sort of thing...anyway that side of the road is a lot nicer than the Pk Infinia side.

What's wrong with the Newton area? Been following your posts and you definitely have a bone to pick with the Newton area. OK, so it isn't Grange Road. But it is a lot more decent and convenient compared to River Valley/Mohammed Sultan, which you are so enamored of.

You seem to love River Valley so much and hate Newton at the same time. Funniest thing is, you never do explain why one is so good while the other's shite. You just bitch away non-stop. Why is Mohammed Sultan "undervalued" at $1,200- $1,300 psf, while Newton is "too expensive" at the same price? Please explain.

I am not trying to pick a fight here, just want to understand your thoughts as I will be making an investment on an apartment in Singapore soon.

I can see that all you do in this forum is make fun of condo names, bitch about other condos, etc without giving constructive criticism. There is a place for you to do that kind of thing. It is condo.com.sg, where you can get to meet many unpleasant people of your ilk.

"I am not trying to pick a fight here,"

Right. Bye Bye.

Residences@Evelyn is averaging about $1,225 psf and it's still selling. Similarly Newton One has averaged $1,250 psf and is sold out. I'm just wondering why? ".

Todays BT shows on 16-17 October, 3 deals for Evelyn done at average of 1333psf. Other recent deals fm URA data indicates many units are being sold at close to 1400psf.
Also according to URA data, based on 61 units, N1's average price is 1213psf.

Guess what this shows there are lies, damned lies and statistics, and that things are never as it seems !

Hello All !

Your Newton Guru is back in action ! Sorry was away for a while for some personal matters !

If you are in property, you know that 10,20,30 psf difference for properties is no big deal ... and the marketing tactic itself can create such differences. So dont quarrel over this kind of small difference.

Robinson ah ... Sui is not picking a fight la ... people have their own views ... some people like RV ... some people like Newton ... but one thing I must point out ... supply at Newton is of course much less compared to RV ... RV is like one whole housing estate ... Newton ... hmm less supply.

CT Villager : To obtain current valuations, you cannot use average price ... have use last sold price (last few units sold) and then benchmark them against the other. For eg, use last few units of N1 and compare with the current Evelyn ...

Tell u all more next time ... Guru is back !!!

yo! guru u're online!

Hello All !

Your Newton Guru is back in action ! Sorry was away for a while for some personal matters !

If you are in property, you know that 10,20,30 psf difference for properties is no big deal ... and the marketing tactic itself can create such differences. So dont quarrel over this kind of small difference.

Robinson ah ... Sui is not picking a fight la ... people have their own views ... some people like RV ... some people like Newton ... but one thing I must point out ... supply at Newton is of course much less compared to RV ... RV is like one whole housing estate ... Newton ... hmm less supply.

CT Villager : To obtain current valuations, you cannot use average price ... have use last sold price (last few units sold) and then benchmark them against the other. For eg, use last few units of N1 and compare with the current Evelyn ...

Tell u all more next time ... Guru is back !!!

Oh is there less supply at Newton? I had impression that are many launches and many older condos there as well. But DKSG is right la, some people prefer Rv, some prefer Newton. Newton is more peaceful? more of a residential feel...

DKSG
Nice to see you back. Regarding the prices, I was only highlighting that Evelyn seems to have picked up fm 1225psf to almost 1400psf. As you said, depends on marketing. Lippo sold it all in one go. Evelyn is gradually improving its prices with later units.

Supply. As mentioned, haven't even been to PI/Newton/Novena (apart from Amaryllis). However, I believe supply is limited as most developments are now up/sold. I think if you have a nice river view, that will be a plus point, but Newton also seems less expensive.

There're only about 20 units left, avg price $1350psf, i still find it cheap for its location & freehold tenure.

Showflat is at level 28, view is FANTASTIC! Especially the sold out 04 stack in Blk 15.:nuts:

20 units left ?!

Wow ... they are certainly selling fast, considering each unit costs like millions ...

Once this is sold out ... then guess PI will be the majority player in the Newton area ... until we get Viva! ... haha!

YFG ... ...

Why is construction taking so long?

Hi Redstone ...

Length of construction time can be "decided" by the developer ... If the developer dont want to TOP ... there is nothing u can do until the legal completion date ... which is like decades later ...

And dont u get it ... the moment u TOP ... u fall under the TOP-ed category ... which I suspect u have to discount it a bit ... as compared to telling people ... TOP anytime in the next few months ... people feel good that they are buying something so damn new ... yet ... dont need to wait years and years ...

Something like Evelyn ... I think can get it done nicely in 20-28 mths ...

Just my opinion ...

YFG ... ...

Congratulation to Residences@avelyn Owners.:cheers:

New transacted price at $2000/psf has been made recently on April. Pls check the URA site.

Is that a new newton record beating the $1800psf Setia residence????

Congratulation to Residences@avelyn Owners.:cheers:

New transacted price at $2000/psf has been made recently on April. Pls check the URA site.

Is that a new newton record beating the $1800psf Setia residence????


hahaha $2000 psf for evelyn. I'm pretty sure URA make a mistake. URA makes lots of mistakes in the lodges.

Let's just look at the latest transaction, shall we?
RESIDENCES @ EVELYN EVELYN ROAD Condominium 209 2250 2,221,120 Apr-07

Hahaha. Evelyn for $1000 psf? Ridiculous. Just as ridiculous as the $2000 psf transaction.

It doesn't take much common sense to notice that URA got the order wrong.

RESIDENCES @ EVELYN EVELYN ROAD Condominium 209 2250 2,221,120 Apr-07
RESIDENCES @ EVELYN EVELYN ROAD Condominium 143 1539 3,175,920 Apr-07

Should be

RESIDENCES @ EVELYN EVELYN ROAD Condominium 209 2250 3,175,920 Apr-07
RESIDENCES @ EVELYN EVELYN ROAD Condominium 143 1539 2,221,120 Apr-07

Now. That makes it about $1400 psf. which is right.

It doesn't take much common sense to notice that URA got the order wrong.

RESIDENCES @ EVELYN EVELYN ROAD Condominium 209 2250 2,221,120 Apr-07
RESIDENCES @ EVELYN EVELYN ROAD Condominium 143 1539 3,175,920 Apr-07

Should be

RESIDENCES @ EVELYN EVELYN ROAD Condominium 209 2250 3,175,920 Apr-07
RESIDENCES @ EVELYN EVELYN ROAD Condominium 143 1539 2,221,120 Apr-07

Now. That makes it about $1400 psf. which is right.


I agree with you - that was a typo error. URA is very prone to making mistakes in the updating of prices.

It will not surprise me if it does hit $2k. This incident reminds me a bit of the Sail mistake - there was another typo saying 1750psf?? People believed this price as they have been expecting prices to go crazy, then it hit it 1 month or so later.
Given this was sold at 1400psf, a 30% rise takes it to 1800psf - and not much to nudge it to 2k.

It will not surprise me if it does hit $2k. This incident reminds me a bit of the Sail mistake - there was another typo saying 1750psf?? People believed this price as they have been expecting prices to go crazy, then it hit it 1 month or so later.
Given this was sold at 1400psf, a 30% rise takes it to 1800psf - and not much to nudge it to 2k.

Well using your logic, the URA lodge shows the latest transaction at $1000 psf. That's only about -30%, less than the 43% required to jump from 1400 to 2000. Based on the law of least distance, everyone would agree that $1000 is a more believable price.

Just pointing out that when a market is as bullish as it is, people can believe everything. I remember the misquoted price for the Sail even being published in the newspapers as fact - this was people believed anything could happen (esp Sail).
Likewise, the Residences@Evelyn was around 1400psf. It has been at this level for a while. With PI relaunched at some units 1600+psf (with another price increase tomorrow !!!), if the developer has any (good) units left, they must be thinking of 1800psf for these. If so, then 2k done now can be 'believeable' in this market. There are also deals done/asking prices at 2k+ all over SG now !!! At least this is near Orchard Road!
I have given up looking at URA figures as 100% accurate - look at the Sail stream for recent discussion - deals are still lodged at $1k. You can only look at the upper figures for guidance, and I don't expect to pick up any units at the low prices seen in URA.

Just pointing out that when a market is as bullish as it is, people can believe everything. I remember the misquoted price for the Sail even being published in the newspapers as fact - this was people believed anything could happen (esp Sail).
Likewise, the Residences@Evelyn was around 1400psf. It has been at this level for a while. With PI relaunched at some units 1600+psf (with another price increase tomorrow !!!), if the developer has any (good) units left, they must be thinking of 1800psf for these. If so, then 2k done now can be 'believeable' in this market. There are also deals done/asking prices at 2k+ all over SG now !!! At least this is near Orchard Road!
I have given up looking at URA figures as 100% accurate - look at the Sail stream for recent discussion - deals are still lodged at $1k. You can only look at the upper figures for guidance, and I don't expect to pick up any units at the low prices seen in URA.

and that's because of people spreading misinformation (come on. you have to see past the $1000 psf transaction before you read about the $2000 transaction. In that case, why mention only the $2000 psf? not refering to you chautau)

Imagine if URA made a mistake about a property in Sungei Kadut. 400 psf becomes 4000 psf. Then we have a joker spreading this info on the net and we have some clueless people believing that and buying properties at the inflated prices.

The latest coveats. I think this one is not URA mistake anymore:lol:

$4000000 deal for 2250 sf

It is 1777 psf. close to 2000:lol: :lol:

I am not surprised it is near 1800psf. It should be a matter of months for this or N1 to hit 2k. Final prices developer prices for Evelyn was around 1450psf, and that was beginning of the year. Any prices of around 1k are delayed caveats. I've given up hope of buying anying at the Sail at low 1k's as these are also obviously delayed caveats. So 1450 to 1800psf is in line with recent market moves. Subsales tend not to happen until there is sufficient profit for the investor/owner to let go.

The latest coveats. I think this one is not URA mistake anymore:lol:

$4000000 deal for 2250 sf

It is 1777 psf. close to 2000:lol: :lol:
WOW. i had a look at the 4BRs- beautiful but found the huge column in the master bedroom too disconcerting and gave it a pass. But i guess there is no shortage of people who don't mind..

WOW. i had a look at the 4BRs- beautiful but found the huge column in the master bedroom too disconcerting and gave it a pass. But i guess there is no shortage of people who don't mind..

i thought this development is sold out?

Anyway, yeah the columns are disturbing. Don't forget the big column at the living room too.

Take a look at NewtonOne if you like this area.

WOW. i had a look at the 4BRs- beautiful but found the huge column in the master bedroom too disconcerting and gave it a pass. But i guess there is no shortage of people who don't mind..

Indeed. I went to the show unit also and find quite a number of potential buyer dont like the column on the bedroom.

It will not surprise me if it does hit $2k. This incident reminds me a bit of the Sail mistake - there was another typo saying 1750psf?? People believed this price as they have been expecting prices to go crazy, then it hit it 1 month or so later.
Given this was sold at 1400psf, a 30% rise takes it to 1800psf - and not much to nudge it to 2k.

Residences at Evelyn at $2050psf, another just under $2k for large unit. N1 also almost $2k.
Caveats registered in July, just 2 months after those post questioning these rises so less than 2 mths when contract signed !!
So those who laughed when 2k was mentioned in May, the buyer was already thinking about breaking this level ...

No trying to be smart or anything ....
:poke:

I am not surprised it is near 1800psf. It should be a matter of months for this or N1 to hit 2k. Final prices developer prices for Evelyn was around 1450psf, and that was beginning of the year. Any prices of around 1k are delayed caveats. I've given up hope of buying anying at the Sail at low 1k's as these are also obviously delayed caveats. So 1450 to 1800psf is in line with recent market moves. Subsales tend not to happen until there is sufficient profit for the investor/owner to let go.

I think CTV is very smart...:)
Residences at Evelyn at $2050psf. Newton 1 just under 2k in July caveats. It took just 2 months for the 2k figure to be hit.

I think GR888 has egg on his face questioning figures about residences at Evelyn hitting $1.8k earlier. It is definitely not at the 1k level !! When he was questioning figures, think a buyer was just about to sign the contract at 2k !!!

How big is the plot of land Residences@Evelyn is sitting on? :fart:

cheers

excelsvr