Another tall one for Newton! :banana:

http://www.redas.com/html/showcasing/Newton%20Suites/images/home_r1_c1.jpg
http://www.redas.com/html/showcasing/Newton%20Suites/images/home_r2_c3.jpg
http://www.redas.com/html/showcasing/Newton%20Suites/images/home_r2_c3_f2.jpg
http://www.redas.com/html/showcasing/Newton%20Suites/images/project_r1_c1.gif
http://www.redas.com/html/showcasing/Newton%20Suites/images/project_r2_c3.gif

http://www.redas.com/html/showcasing/Newton%20Suites/images/locationL_r1_c1.gif
http://www.redas.com/html/showcasing/Newton%20Suites/images/location_map.jpg

How tall is Newton Suites? :banana:

What 43 storeys tall one?

How tall is Newton Suites? :banana:



36 floors - i think it will be the apartment with the most floors in the area :cool:

i went to look at the newton suites yesterday. it seems woha architects are gaining popularity - the developers proudly put everywhere the involvement of woha architects in this project. hope they'll do more big buildings:D

WOHA sounds really familiar - what else did they do?

Wheres the showroom located? United Square? the site now is occupied by a sold enbloc lowrise flat.

WoHa designed many projects, including a church that made its way to the festival in Venice...

WoHa is Wong & Hassel.

Is it local?

Yup...

And Moulmein Rise is by them!

http://www.wohadesigns.com/

UOL launches Newton Suites

14 Oct 2004

http://business-times.asia1.com.sg/mnt/media/image/launched/2004-10-14/tuol14-215608.jpg

PROPERTY developers appear to be testing the market with mid to high-end project launches, and this weekend will see United Overseas Land (UOL) releasing its 118-unit Newton Suites at an average of $845 per square foot.

Niche developer and wet market operator Heeton Holdings is also launching the 25-unit DLV at Dalvey Road this weekend.

The market appears to have quietened down after the buying activity in the last two weeks of the Hungry Ghost Month.

'The market is taking a breather now,' a property veteran said. 'Buying sentiment is not that active after the initial rush so it's now back to another wait-and-see period for the market.'

So far, 20 units at Newton Suites have been sold in a preview last weekend. UOL said the first 60 homeowners to buy a unit stand to win $88,000 in cash. Buyers can choose a deferred payment scheme.

UOL's price of $845 psf average for Newton Suites is in line with projects in the vicinity. Wing Tai's Amaryllis Ville along Newton Road averages $825 psf based on caveats lodged, while UOL's Novena Suites at Moulmein Road achieved $855 psf, according to Knight Frank. Wing Tai's freehold Newton 18 averaged $1,100 psf.

'Interested buyers will find Newton Suites a clear choice if they do their sums against several comparable projects nearby, which have higher starting prices and a 99-year lease,' said Knight Frank executive director Peter Ow.

Amaryllis Ville is 99-year leasehold while both Newton 18 and Novena Suites are freehold. Knight Frank is the marketing agent for Newton Suites.

UOL sells 30 more Newton Suites units

18 Oct 2004

Homebuyers have snapped up a total of 50 of the 68 units released for sale

By KALPANA RASHIWALA

UNITED Overseas Land (UOL) sold 30 units at Newton Suites over the weekend, bringing total sales to 50 apartments over the past fortnight, BT understands. It has to date, released 68 units in the 118-unit freehold condo, which it is developing on the former Newton Court site.

UOL's average price of $845 per square foot is in line with projects in the vicinity. The lure for home buyers is a deferred payment scheme where buyers pay 5 per cent on booking a unit and a further 5 per cent in eight weeks.

The next payment of 10 per cent is due next August with the remaining payments deferred until the project receives its Temporary Occupation Permit in about two years' time.

The first 60 buyers of Newton Suites qualify for a lucky draw with a $88,000 cash prize. Knight Frank is marketing the project.

Meanwhile, Keppel Group said yesterday that it has sold about 80 per cent of the 135 units released in the second phase of its completed Caribbean at Keppel Bay condo, a 99-year leasehold project.

The second phase was previewed in July. To date, Keppel, which organised an open house over the weekend to give potential buyers a better feel of waterfront living - has released 565 units in the 969-unit condo. Based on the latest sales update, Keppel has sold 413 units.

Keppel did not give the average price for the second phase, but previous reports pegged it at about $720 psf, or some 15 per cent lower than the average of about $850 psf paid by buyers when the project was launched in Q3 2000.

Caribbean received its Temporary Occupation Permit three months ago.

To draw buyers, Keppel has in place a deferred payment scheme where after the initial 20 per cent downpayment, buyers do not have to make further payments until two years later.

This arrangement has made it attractive to buy a unit and rent out.

Keppel is also giving Caribbean buyers a complimentary 10-year term membership of the new marina club to be developed by 2008 on Keppel Island which is opposite the project.

Buyers also have a five-year waiver of subscription fees.

Over in the Kembangan area, Koh Brothers and AIG sold two units at their ongoing Starville project over the weekend. The freehold project is being sold at an average price of $530 psf.

wah.. sold so quickly!

the brochure had a terrible cover though. a rainbow coloured brush script "i", standing for *inspiration*. ... how uninspired.

The model!

I think its the most unique looking 36-storey condo!

http://www.skyscrapercity.com/photopost/data/500/103suites.jpg
http://www.skyscrapercity.com/photopost/data/500/103suites2.jpg
http://www.skyscrapercity.com/photopost/data/500/103suites3.jpg
http://www.skyscrapercity.com/photopost/data/500/103suites4.jpg
http://www.skyscrapercity.com/photopost/data/500/103suites5.jpg
http://www.skyscrapercity.com/photopost/data/500/103suites6.jpg

they are wasting no time in demolishing the 2 old blocks on the site

http://img94.exs.cx/img94/6305/newtonsuite.jpg

24 Oct 2004

http://img93.exs.cx/img93/6251/ns2410.jpg

/i think the side with the skygardens look better than the other side..

yah - the other side looks like any ordinary residential block, but the side with the skygardens..theres nothing like that in Singapore....the project kinda resembles something you would see in Rotterdam ^^

Wow!!!!!!!!!!!! :eek2:
:cool:

Another stunning addition!

but glassier :)

The ad banners are everywhere in the atrium of Novena Square!

28th of January 2005

http://ssc.singapenguin.net/05/050128_newton_suites01.jpg http://ssc.singapenguin.net/05/050128_newton_suites02.jpg
Signboard

http://ssc.singapenguin.net/05/050128_newton_suites03.jpg
Foundation work under way

That's the signboard:
http://ssc.singapenguin.net/05/050128_construction02.jpg

16 February 2005

hmmm..I see stuff and what looks like a hole

http://img228.exs.cx/img228/4039/suites16023hx.jpg

14 March 2005

http://img127.exs.cx/img127/6483/newton14038lh.jpg

Uhoh, that was fast ! ^^

Everything about this project so far seemed executed without delay. From the time the thing was launched, to the demolition of the old flats on the site..its been only a few months

The units are absurdly expensive!
Costs the same as the Sail @ Marina Bay.:eek:

...and the penthouse here is below even the halfway point of the Sail...tsk tsk..

novena is around that price mar... lincoln modern still going at around $1000 - $1200 psf, dear compared to newton suites' $845 psf

This is a freehold

It's all about design....

This is a freehold


Oh yes, one of the only few that offers private pools!:eek:

1 April 2005

http://img197.exs.cx/img197/5557/ns01046qf.jpg

Woah! I missed this thread! I like the design....It seems like I am quite happy with just about any design for these condos nowadays so long that they look different. :D

wah.... quite fast....

$845 psf was the initial estimate during 2004 launch. if you looked at the URA caveats recently, the average has gone up to:

Year 2005: Avg Price=$ 921,250; psf=$ 919; Total-4 sales.
Year 2004: Avg Price=$ 906,419; psf=$ 883; Total-62 sales.

from http://www.condo.com.sg/mycondo/urasales.cfm?condoid=2385

it seems now the launch price is always lowest - better buy when just launched.

United Overseas Land owns most of the land and the buildings in the immediate vicinity and it isn't in their interest to screw up the area. By the way, I heard Lincoln Lodge (behind Newton Suites) will be en-bloc'ed and a 15-story condo will be erected in its place.

I wouldn't worry about Keppel Land's Parc Infinia or Far East's Strata stealing the limelight because the area around Novena MRT is practically a Wee Cho Yaw stronghold and Newton Suites will be one of his flagship residential developments, along with Novena Suites and One Moulmein Rise.

Safe buy... from an investor's POV. And as far as aesthetics are concerned, my architect friends (alumni of Columbia U. and UPenn arch. grad schools) have approved of this WOHA-designed project. That's good enough for me.

yep... and interior much nicer than shanghai one ;)

11 May 2005

http://tinypic.com/51y4n7

starting to rise! hope this one rises faster

It is rising fast

I love the design of those 'stilts' at the base. The adjacent podium also has a nice facade..at least in the renderings :cool:

13 July 2005

http://tinypic.com/8vn6t0.jpg

:eek:

ONE OF MY FAV apartments in singapore !

A fine design :okay:

This is defineitly one of the BEST BEST tropical looking highrise residential I'v ever seen in my life!!!!

3 bedroom units are fully sold, except for one unit on the lowest floor (#06-03).

Eight units left for the 2 bedrooms, all on the 29th to 34th floors. I guess people think they are too highly-priced for such a small apartment - $884k to $925k for a tiny 797 sf unit! Even with the 12% - 13% discount that they are offering, it still translates to $976psf for the 29th floor one. Anybody interested? :)

It TOPs in late 2007, which means that they have more than 2 years to sell. So they won't be desperate enough to lower prices any time soon.

aiyar those are the units i would love to have. the view is perfect.

The 2 bedroom units are facing the city, the 3-bedrooms face MacRitchie.

So far, this will be the tallest condo in the area.

Think there was somebody asking about WoHa. They are definitely up and coming. In addition to Newton Suites, they also designed Gilstead Brooks (Gilstead Rd), a freehold landed cluster housing project in Newton/Novena. Not very visible from the road outside though and I never had the opportunity to see it on the inside of compound.

WoHa stuff to look forward to: Freehold condo beside 8@Mount Sophia; and the Capitaland condo on that freehold plot of land sandwiched between Goldbell and Sheraton on Scotts Rd. Scotts Rd plot is an oddly-shaped piece of land - will be a challenge to the architects, and who rises to the challenge better than WoHa? Very exciting.

They also designed my gf's good friend's bungalow at District 10 Maple Ave, off Bukit Timah Rd (after 6th Ave) and also her auntie's house (Merryn Rd - District 11). I have been to the Maple Ave house a few times for gatherings and I must say it is quite enchanting. Contrasting themes of tropical vs. sleek and modern, lots of timber, fresh and innovative layout. Kidney-shaped pool, skirted with pebbles. And more pebbles in the house in strategic areas. Huge floor to ceiling built-in shoe cabinets with sliding doors that are camoflagued into the background in the main ground floor corridor. Huge living room, huge dining room, huge kitchen all separated from each other by sliding glass doors. Spiral stairs to 2nd floor. Centrally controlled speaker system in every room, piped music throughout the house, like shopping mall. What a house man. *drool*

5 Oct 2005

http://img97.imageshack.us/img97/1013/ns06109wn.jpg (http://imageshack.us)

25 December 2005

http://img455.imageshack.us/img455/6590/ns25123yb.jpg

Wah, looks huge!!!

Certainlly would be a very nice addition to the city!

Wow, there are getting more and more condos and buildings in the novena area, it is gonna be the third skyline of Singapore...and...I wonder...more and more people in singapore are getting rich isnt it>???

LOL

the building is very slim from some angles...I'll take a different perspective next time.

The cluster around Novena Square will get even denser with the future plans for Sinaran Drive.

17 February 2006

http://img147.imageshack.us/img147/2968/ns17026iu.jpg

so far no update news?

9 April 2006

http://img112.imageshack.us/img112/6425/ns09042of.jpg

15 July 2006

http://i77.photobucket.com/albums/j67/RCSSC/ns1507.jpg

it rise so fast :eek: !!

from the uol website, this project is completely sold out. at an average of $845 psf at launch (even rising 10% to $950 ++ psf after launch, i still think that this is a steal. looking at neighbouring newton one by lippo and park infinia @ wee nam, etc. i guess uol has priced this project to sell and street-smart investors pounced on this opportunity. it is also my understanding that it sold like hot cakes and it was pretty much snapped up in couple of weeks (a few months at most). for those who have snared one or more unit should be really fortunate and maybe even laughing to the bank. it's just my humble opinion ....

properties by uol and wee cho yaw are worth watching out for. they have a keen eye for good properties that are poised for appreciation. i've also noticed that uol is a rather niche player in the s'pore property market. their properties are probably ... good value for investment and home-buyers alike. in recent times, they have been making their presence felt in the novena and tiong bahru areas.

simon cheong of sc global (developers for the ladyhill, the tomlinson, lincon modern, BLVD, etc.) on the other hand, are niche in the area of high-end development with a knack for exclusitivity for the folks who can afford "the finer things in life". these properties comes with a price tag that is eye popping and breadth gasping. obviously, their development are in the prime areas of district 9, 10 and 11.

24 September 2006

http://i77.photobucket.com/albums/j67/RCSSC/ns2409.jpg

Structure has reached full height with the penthouse roof deck constructed

Looks short...

wow! thats fast!

12 November 2006

Working on the facade...hope it will look like the renderings

http://i77.photobucket.com/albums/j67/RCSSC/ns1211.jpg

Very fast!

2 December 2006

The facade with the multiple skygardens

http://i77.photobucket.com/albums/j67/RCSSC/ns0212.jpg

^^^it's looking great!!! , skygardens are interesing.

hiya ...
anyone cangive me details of the finishing eg kitchen equipment brands and bathroom too?

pls email me ASAP if you have the brochure?I would love to photocopy it!I will treat you Starbucks Coffee at Goldhill.

Thank you thank you!

moving the discussion back to the correct thread:

The price is not really high as yet. Most of the units are being advertised for around 1150-1300 psf. I think ifyou can get one for 1150psf (as long as not the lowest few floors) it will consdiered a good deal especially when compared to new launches at Balestier (Montbleu and Pavilion11) going for 1000-1100psf. I think themoment PI is officially realuched at 1500psf and if Far East decided to launch their Miro soon, the price of Newton Suites should average 1400-1500. Of course compared to what you could get a year ago, it is expensive but not when you compare to prices of new launches today.

now i am really tempted.... *drool*. do the 3br units face west?

U think those short building ard Newton Suites will go enbloc soon ?

Nowadays ... everything also can enbloc .. include petrol station ...
Next time ... even school also can enbloc ... haha ... raise money for better facilities ... I think they can enbloc Raffles @ Bishan ...

Parents ... watch out !

Haha!

YFG ... ...

U think those short building ard Newton Suites will go enbloc soon ?

Nowadays ... everything also can enbloc .. include petrol station ...
Next time ... even school also can enbloc ... haha ... raise money for better facilities ... I think they can enbloc Raffles @ Bishan ...

Parents ... watch out !

Haha!

YFG ... ...

If RI is enbloc potential at bishan then its sister school (RGS) in the Ardmore area would be worth even more isn't it. RGS is sitting on an extremely prime plot right in the heart of district 9. I drive past RGS everyday (to work) and this thought flashed across my mind every single time.

sharing some humor

If anyone hear of the enbloc of those buildings around Newton Suites ... pls do duckweed a favour ... tell him ok ?

Dont want him to become a duck flavoured seaweed ...haha !

YFG ... ...

Around Newton Suites where got short building? That Novena fringe centre part have all maximized plot ratio and height already. Except maybe Lincoln Lodge. Eh anybody find out if got en bloc potential or not? Don't have potential even better. Can buy cheap and live there, and wait for the future master plans. Not a bad location at all for own stay.

You mean those low-rise next to the IRAS? Well, that is the Chancery and Buckley landed estate inside, all bungalows + some ministers house inside, connecting with the Dunearn/Bukit Timah landed estates all the way to Upper Bukit Timah so unlikely for URA to raise plot ratio and height restriction for high rise condo development inside there. The landed estates along and inside Dunearn Road have several ministers living there, including one government property called Command House. I think Residences @ Evelyn is the nearest high-rise to the landed property stretch allowed to be built in the area, besides the IRAS building which is government building anyway.


U think those short building ard Newton Suites will go enbloc soon ?

Nowadays ... everything also can enbloc .. include petrol station ...
Next time ... even school also can enbloc ... haha ... raise money for better facilities ... I think they can enbloc Raffles @ Bishan ...

Parents ... watch out !

Haha!

YFG ... ...

Around Newton Suites where got short building? That Novena fringe centre part have all maximized plot ratio and height already.
I believe an office block is being constructed in front of Newton Suites, at the site of the old Shell station near Goldhill Square?

I believe an office block is being constructed in front of Newton Suites, at the site of the old Shell station near Goldhill Square?

yes by SC Global.

The plot there is too small for a major office building. If Goldhill Centre is redeveloped, that is also a lot of land for more commercial development.

If RI is enbloc potential at bishan then its sister school (RGS) in the Ardmore area would be worth even more isn't it. RGS is sitting on an extremely prime plot right in the heart of district 9. I drive past RGS everyday (to work) and this thought flashed across my mind every single time.

sharing some humor

Eventually I am sure RGS and ACS (Junior) at Peck Hay Rd will move.

Whether the government keeps the land or allows it for private development remains to be seen though.

U think those short building ard Newton Suites will go enbloc soon ?

Nowadays ... everything also can enbloc .. include petrol station ...
Next time ... even school also can enbloc ... haha ... raise money for better facilities ... I think they can enbloc Raffles @ Bishan ...

Parents ... watch out !

Haha!

YFG ... ...

Lincoln Lodge located behind Newton Suites should go en-bloc sooner or later. The land area is bigger than Newton Suites and they are only 13 stoery apt blocks. I have not seen any advertisement for Lincoln Lodge for some time and the last unit was transacted 1 yr ago which means the owners could be expecting a en-bloc.

Sianz lah.. that whole area like bloody concrete jungle..

Luckily Newton Suites in front got nothing blocking it. Heng ah!

Eventually I am sure RGS and ACS (Junior) at Peck Hay Rd will move.

Whether the government keeps the land or allows it for private development remains to be seen though.

heard that acs (jr) will move to the monk's hill school site.

Around Newton Suites where got short building? That Novena fringe centre part have all maximized plot ratio and height already. Except maybe Lincoln Lodge. Eh anybody find out if got en bloc potential or not? Don't have potential even better. Can buy cheap and live there, and wait for the future master plans. Not a bad location at all for own stay.

You mean those low-rise next to the IRAS? Well, that is the Chancery and Buckley landed estate inside, all bungalows + some ministers house inside, connecting with the Dunearn/Bukit Timah landed estates all the way to Upper Bukit Timah so unlikely for URA to raise plot ratio and height restriction for high rise condo development inside there. The landed estates along and inside Dunearn Road have several ministers living there, including one government property called Command House. I think Residences @ Evelyn is the nearest high-rise to the landed property stretch allowed to be built in the area, besides the IRAS building which is government building anyway.

command house is going to be some kind of school for wealth management.

yes by SC Global.

The plot there is too small for a major office building. If Goldhill Centre is redeveloped, that is also a lot of land for more commercial development.
How tall would this new building be? If it is a small plot but a tall office building, it may block Newton Suites' view as well.... this thought came to me when I went pass it recently.

How tall would this new building be? If it is a small plot but a tall office building, it may block Newton Suites' view as well.... this thought came to me when I went pass it recently.

It is a 10 storey bldg consisting a mixture of medical suites and offices and the groundfloor could be for a upmarket car showroom (this is what I remember reading somewhere). Anyway, Goldhill should be redevloped in a matter of time.

How tall would this new building be? If it is a small plot but a tall office building, it may block Newton Suites' view as well.... this thought came to me when I went pass it recently.

This SC Global plot is off the direct line of sight for stack 03's living room and balcony. Because that part of the road is curved, the location of SC Global's office building curves away from Newton Suites' location. Only stack 03's second bedroom may be blocked, but that bedroom was originally already blocked anyway by the unique-looking (but hideous) Goldhill Plaza. This is not to say that the stack 03's won't get a view of SC Global's building at all. They will get to see it from their balcony, but it won't be right smack in front of them. If you like SCDA architecture then this is the stack to get. I'm being facetious, of course.

For stack 02, there will be no difference to the view. This is the stack to get if you don't like to see buildings in your face, and want a view of Bukit Timah Hill.

To get a better picture of how things might turn out, one should measure the sighting angle of Newton Suites from 1) IRAS building; and 2) Novena Square.

This picture shows the relative postion between Newton Suites & SC Global's development (http://www.skyscrapercity.com/showthread.php?t=416660).

http://i77.photobucket.com/albums/j67/RCSSC/sc0212.jpg

Passed Newton Suites today and they've started installing the sunshading facade elements at the top.

Yup the second bedroom of stack 03 will kena. Stack 03 balcony will have a right side view of 200 Newton, but living room not affected. Stack 02 completely not affected.

As far as the 2 bedders go (stacks 01 and 04), their city views (ie: views of buildings) were a foregone conclusion. If and when Lincoln Lodge enblocs, that's it for the 2 bedders.

Hi bro & sis
Any one have the brochure / plan for Newton Suites?
Need the above for my RMIT assignment.
Thanks!

Hi bro & sis
Any one have the brochure / plan for Newton Suites?
Need the above for my RMIT assignment.
Thanks!

Why Newton Suites selected for RMIT assignment?

Why Newton Suites selected for RMIT assignment?

Taking a Construction Management programe.
My assignment is abt en-bloc & redevelopment.
Thinking of developing a project similar to Newton Suites.
That why require those info for reference...:)

22 April 2007

Installation of facade elements (looks similar to Moulmein Rise by same architect)

http://i18.tinypic.com/4utor9i.jpg

Lincoln Lodge located behind Newton Suites is being put up for en-bloc tender at asking price of $1100+ ppr. If successful, this price will be higher than what Elmira Heights achieved at 990ppr few weeks ago. At 1100ppr, the eventual launch price for the new project should be around 2000psf to earn a decent profit for the developer. This has 2 implications if the en-bloc goes through at the asking price:
a) Adjoining new projects such as Newton Suites will see their prices shoot up to around $1800psf at least.
b) The prices of projects located at this side of Newton (Lincoln Ldoge/Newton Suites) may finally fetch the same price as those located at the Elmira Heights side of Newton. There has always been a gap of around 10-20% in favour of the Elmira Heights side.

If one considers Newton Suites to be of the same quality as the new Lincoln Lodge condo, then I would say Newton Suites will eventually sell for more than $2000 psf. Lincoln Lodge has to launch at least more than $2000psf to make any decent profits for the developer.

Having seen the sun shades being put up recently and landscaping being half-way done, I must say that it does look very expensive. I would be sad to part with it.

IMO, this Novena side of Newton has more amenities within reach.

What do you think of the en bloc potential of Dunearn Gardens, which is next to Newton One but on Dunearn Road, just across from the Newton MRT.

If one considers Newton Suites to be of the same quality as the new Lincoln Lodge condo, then I would say Newton Suites will eventually sell for more than $2000 psf. Lincoln Lodge has to launch at least more than $2000psf to make any decent profits for the developer.

Having seen the sun shades being put up recently and landscaping being half-way done, I must say that it does look very expensive. I would be sad to part with it.

IMO, this Novena side of Newton has more amenities within reach.

What do you think of the en bloc potential of Dunearn Gardens, which is next to Newton One but on Dunearn Road, just across from the Newton MRT.


I do agree Newton Suites looks very trendy and unique. Not the run of the mill condos that you see everywhere. I have not seen the colour theme anywhere else so far. Some may not like it but the younger ones will like it a lot. Potential design award winner??
Just that for those who own the units facing Lincoln Lodge, their rents might be affected a bit in the short term with the contruction activity for 2 years.Then again majority of prime condos are surrounded by some construction activity.
Looks like any old development older than 10 years in prime areas is a en-bloc candidate. I heard that even Tanglin Park whose plot ratio has been maximised is looking into en-bloc. So it should be a matter of time for Dunearn Gardens.

Not sure how you get $2000psf for a 'decent profit', and we haven't had Lincoln Lodge finalised yet !!!
Think we'll see the results soon. N1 is now above 1500psf, PI at 1300+. PI was supposed to have been relaunched at 1400-1500psf (last 100 units, so the actual relaunch price will be an early indicator of price trends for this area. Is Keppel waiting for the results of Lincoln Lodge before finalising price ?? Will they now re-launch at a higher price than 1500psf now ? And when will FE launch Miro nearby (they've been sitting on this for years now !)

Of course, if you guys are right and Lincoln Lodge/Newton Suites is at 2k, then I won't complain when I collect my keys at PI early next year !!
:cheers:

Not sure how you get $2000psf for a 'decent profit', and we haven't had Lincoln Lodge finalised yet !!!
Think we'll see the results soon. N1 is now above 1500psf, PI at 1300+. PI was supposed to have been relaunched at 1400-1500psf (last 100 units, so the actual relaunch price will be an early indicator of price trends for this area. Is Keppel waiting for the results of Lincoln Lodge before finalising price ?? Will they now re-launch at a higher price than 1500psf now ? And when will FE launch Miro nearby (they've been sitting on this for years now !)

Of course, if you guys are right and Lincoln Lodge/Newton Suites is at 2k, then I won't complain when I collect my keys at PI early next year !!
:cheers:

Far East will have the "Mother of all launches" in that area for its Miro. It will price it at least 20% higher than the last done price in that area and then sit there and wait for it to sell slowly. That is FE's style.
I think FE will help 2000psf become a reality for that area

Looks like any old development older than 10 years in prime areas is a en-bloc candidate. I heard that even Tanglin Park whose plot ratio has been maximised is looking into en-bloc. So it should be a matter of time for Dunearn Gardens.
sellers are now asking 2000 psf for tanglin park.... it's a crazy world out there.

sellers are now asking 2000 psf for tanglin park.... it's a crazy world out there.

$2000 psf ppr?

sellers are now asking 2000 psf for tanglin park.... it's a crazy world out there.



I just visit the URA site and guess what?? I am shocked:nuts:

I saw Residences@avelyn subsale at above $2000 psf on April. That would be a record around newton area isnt it??
I never thought newton area can sell for $2000. Last Nov it is jut selling at $1100-$1400 I think.

$2000 psf ppr?
nope, just 2k psf (and an ad even said 'not negotiable'). considering that last txn shown in ura is just under 1.3k psf (apr07, so likely to be transacted in mar07) and that plot ratio is already maxed out.... really asking for the sky, imho. just a year ago, this place was going at around 1k psf.

I just visit the URA site and guess what?? I am shocked:nuts:

I saw Residences@avelyn subsale at above $2000 psf on April. That would be a record around newton area isnt it??
I never thought newton area can sell for $2000. Last Nov it is jut selling at $1100-$1400 I think.

It's $1400 psf. They made a mistake.

Hi, there, does any one of you keeps a copy of the newton suites brochure? Do you mind allowing me to making a copy of it? Thanks.:cheers:

Prices are really going up and up and up!

2beddas now around $1600psf and 3beddas around $1500psf.

2 key factors are Lincoln Lodge enbloc and overflow from Orchard area. Also recently, Novelis (Novena) - corner Moulmein Rd & Sinaran Drive is selling for $1700psf (1bedda @ 505sqft) and $1600psf (2 bedda @ 802 sqft).

Time to get in!:banana:

taken yesterday....

http://www.pbase.com/gomus/image/82820639/original.jpg

From a distance it looks very dark but one will appreciate it lot when it seen upfront. Very unique design and colour theme. I think it is a potential design award winner. The exterior looks much more classier than One Moulmein Rise - an ex design award winner also developed by UOL.

TOP is anytime now.

This is going to be an iconic building in Singapore. awesome design. Prices are continuing to skyrocket.:banana:

This is going to be an iconic building in Singapore. awesome design. Prices are continuing to skyrocket.:banana:

Newton Suites prices have almost caught up with Residences@Evelyn & Newton One. Used to be a 20% gap. There is one 2 bedder on 25th flr being advertised today for 1.95 million or 2440psf. Price is a bit rich right now but should be attainable within the next 3-6 mths especially if the Soleil which is a leasehold touches 2000psf for its upper end units.

This is going to be an iconic building in Singapore. awesome design. Prices are continuing to skyrocket.:banana:

Not vested here but really like the exterior outfit. It stands out distinctly from the rest of the buildings in this vicinity. The architects have done a real great job. Beautiful.

looking solid good :cool: !!

i like it :okay:!

So many detailed elements. How to clean? Hehe

can't wait to see this development at TOP. looking good:banana:

Hi All. any views on further price appreciation at newton suites? i know that Lincoln Lodge will launch in early 2008 but anything else that will support the price?

:ohno:

soleil at sinaran will help push newton suites prices further north.

cheers

sharkie

Hi All. any views on further price appreciation at newton suites? i know that Lincoln Lodge will launch in early 2008 but anything else that will support the price?

:ohno:


Lincoln Lodge replacement condo should be launched at around min 2500psf as indicated by the developer. Also the Miro and Viva by FE and Allgreen maybe in the next few months. The best catalyst will still be Lincoln Lodge condo since it is directly opposite.
I think 2500 is a possibility by early 2008 as long as the stock market does not go down too much.

Hi All. any views on further price appreciation at newton suites? i know that Lincoln Lodge will launch in early 2008 but anything else that will support the price?

:ohno:

Allgreen Viva, next to United Square.
Doubt it will be below $2000psf and its freehold .

In addition, two other sites that might make new benchmarks
Wing Tai site on Newton Road (rumoured $2.5-2.7k)
Sim Liang Site, next to Lincoln lodge. Also expected to be high (ie also over 2k)

In addition, two other sites that might make new benchmarks
Wing Tai site on Newton Road (rumoured $2.5-2.7k)
Sim Liang Site, next to Lincoln lodge. Also expected to be high (ie also over 2k)

i heard of that rumor too.

i really really like newton suites design, glad my client bought one.:)

i heard of that rumor too.

i really really like newton suites design, glad my client bought one.:)

Hi Arthur
Funny how these rumors leak out !! Am in the UK marvelling at how the very hi UK prices are still going higher.
Glad ur keeping your clients happy !!!

Anyway, in addition, today's BT, looks like it's beginning to be hard to find new freehold below 1.7k in the Novena area soon. Also note Residences at Evelyn hit $2050psf in caveats.

Fortune believed to have sold M21 en bloc
Residential project's buyer believed to be a fund representing US, UK investors
By KALPANA RASHIWALA

IN the latest en bloc sale of a new residential project, Fortune Development group is believed to have sold its entire M21 freehold apartment development at Mandalay Road to a group of overseas investors for around $100 million or an average $1,400 per square foot (psf).
M21's showflat was opened for a briefing for sales agents and a small party was held there on Aug 2, but before the weekend was out potential home buyers were told that the whole project had been sold, BT understands.
The buyer is believed to be a fund representing US and UK investors. Savills, the project's sole marketing agent, declined to comment on the deal when contacted by BT.
The M21 development will be 17 storeys high when it is completed around late-2009 and will have a total of 61 units. These comprise one, two, three and four bedders - all with study rooms/family rooms - and three penthouses.
Market watchers reckon the new owner is probably planning to sell the apartments individually in the sub-sale market to ride on the current firm market.

BT understands that in May, Novena Capital (whose shareholders include Fission Development) sold all 24 freehold apartments in its Novelis project at Sinaran Drive near Novena MRT to a Middle Eastern-registered company, for about $25 million or $1,500 psf on average. And the Middle Eastern party is offering the units for sale at about $1,650-$1,700 psf in the sub-sale market. It is understood to have sold four units so far.

Hi Arthur
Funny how these rumors leak out !! Am in the UK marvelling at how the very hi UK prices are still going higher.
Glad ur keeping your clients happy !!!

Anyway, in addition, today's BT, looks like it's beginning to be hard to find new freehold below 1.7k in the Novena area soon. Also note Residences at Evelyn hit $2050psf in caveats.

Fortune believed to have sold M21 en bloc
Residential project's buyer believed to be a fund representing US, UK investors
By KALPANA RASHIWALA

IN the latest en bloc sale of a new residential project, Fortune Development group is believed to have sold its entire M21 freehold apartment development at Mandalay Road to a group of overseas investors for around $100 million or an average $1,400 per square foot (psf).
M21's showflat was opened for a briefing for sales agents and a small party was held there on Aug 2, but before the weekend was out potential home buyers were told that the whole project had been sold, BT understands.
The buyer is believed to be a fund representing US and UK investors. Savills, the project's sole marketing agent, declined to comment on the deal when contacted by BT.
The M21 development will be 17 storeys high when it is completed around late-2009 and will have a total of 61 units. These comprise one, two, three and four bedders - all with study rooms/family rooms - and three penthouses.
Market watchers reckon the new owner is probably planning to sell the apartments individually in the sub-sale market to ride on the current firm market.

BT understands that in May, Novena Capital (whose shareholders include Fission Development) sold all 24 freehold apartments in its Novelis project at Sinaran Drive near Novena MRT to a Middle Eastern-registered company, for about $25 million or $1,500 psf on average. And the Middle Eastern party is offering the units for sale at about $1,650-$1,700 psf in the sub-sale market. It is understood to have sold four units so far.
Money talks, doesn't it? the developer gave up $150 to $200 psf in return for cash today.

The fund will get a return of around 10% unlevered. If it gets 80% leverage, that's 50% return on a levered basis. If it sells down in 6 months, that's a 100% annualised return. If it sells down in 3 months, that's a 200% annualised return!!

It pays to have a war chest...

good to see all of your advice!....arthur is right! the design of Newton Suites is really awesome. A clear stand out in the Newton area....:banana:

Hi yes i admit the design is really kind of nice, but i am wondering.
why is the real thing so black compared to the scale model?

Hi yes i admit the design is really kind of nice, but i am wondering.
why is the real thing so black compared to the scale model?
That's what I was wondering just now. Somehow when we stand in front of it, it looks very dark and sinister as compared to the images in the photos. I was just glazing at it a moment ago at Novena Square.

That's what I was wondering just now. Somehow when we stand in front of it, it looks very dark and sinister as compared to the images in the photos. I was just glazing at it a moment ago at Novena Square.

To appreciate Newton Suites, you have to look at it from upfront - 30-50 metres away. From Novena Square or further away it looks like a partially burned down building (especially it's rear where the sky gardens are). I am quite confident WOHA, its architects, will walk away with some award for this project.

cannot wait for TOP to take a look at the inside of this place...3 bedda at Soleil for sale on subsale market for $1770psf...wow!

I thought it's supposed to be metallic grey or at least of a light colour.

I thought it's supposed to be metallic grey or at least of a light colour.

If I am not wrong they have used 3 shades of grey - from light to dark grey. Seen from the back the side walls (adjacent to sky gardens and running the whole length of all floors) are dark grey which gives it a gloomy look from a distance. But once you go near, you will realise that they have planted creepers on the side walls and which will take another 3-4 months to cover the whole dark grey surface. It will then look very much nicer. I have not seen any condo where you have creepers running the whole length of 36 floors on 2 side walls. Very unique indeed.

Does anybody have any information when TOP is expected?
Heard it's gonna be soon.

Does anybody have any information when TOP is expected?
Heard it's gonna be soon.


I was earlier told that it will be end July. I called last week and they told me it TOP is now expected between mid - end Aug. If true, then should be able to get keys around 2nd week of Sep onwards.

Does anyone know the name of the new development opposite Newton Suites on Newton Road? Who are the developers?

I saw a signboard yesterday but only caught a glimpse of it...:ohno:

^^

Is that on the site of the former Newton Meadows? I saw that is it now under demolition and if I'm not wrong there is a WingTai signboard along Newton Road around there.

no that is further down newton road. this one is directly opposite Newton Suites.

thanks anyway..:ohno:

I think you saw a signboard advertising "Skypark" project. Dont know why the signboard is on this building which is a student hostel!

Does anyone know the name of the new development opposite Newton Suites on Newton Road? Who are the developers?

I saw a signboard yesterday but only caught a glimpse of it...:ohno:newton 200 by sc global?

newton 200 by sc global?

Is this one by SC Global at Newton Road an office building?

Is this one by SC Global at Newton Road an office building?

yes, office building

ooh. imagine you live at Newton Suites, and work at Newton 200. How convenient, indeed!

I think you saw a signboard advertising "Skypark" project. Dont know why the signboard is on this building which is a student hostel!

^^ ^^probably because of its close proximity to the real project/
the developers thought advertising on an hostel was cheap, thus they rented the space/

THANKS! that was the one! Skypark

THANKS! that was the one! Skypark
skypark is at st thomas walk.

skypark is at st thomas walk.
i said probably. means that i don't really know the location. sometimes, people misread my intentions :ohno:

Hi,anyone knows whether has the developer allowed residents to do some reno in their units?

ahmari, may it will be too late to so reno at this stage of time right. Unless you got the Unit, and do the ID later.

Well i have a 2bdrm unit there which will be renting out once TOP.So my clients would like to do some reno before we lease it out .No doubt it is a BN!Plus i have Power of Attorney to collect the keys on their behalf.

He He!!

Well i have a 2bdrm unit there which will be renting out once TOP.So my clients would like to do some reno before we lease it out .No doubt it is a BN!Plus i have Power of Attorney to collect the keys on their behalf.

He He!!

How much are you expecting for a fully furnished 2 bedroom to rent out for at Newton Suites?

How much are you expecting for a fully furnished 2 bedroom to rent out for at Newton Suites?

My Landlord is looking @ min $5k/2yrs lease.
They are not in Spore as the husband had been transferred to Osaka.A very nice couple.

For enquiries do drop me an email

ady_ahmari@yahoo.com.sg

Taken on 19/8. Newton Suites (beside Goldhill Square) as seen from Novena Square.

http://img528.imageshack.us/img528/1784/newtonsuitesxe2.jpg

My Landlord is looking @ min $5k/2yrs lease.
They are not in Spore as the husband had been transferred to Osaka.A very nice couple.

For enquiries do drop me an email

ady_ahmari@yahoo.com.sg

For a fully furnished unit, you should be able to get 5.5k -6k. 5k is on the low side for a brand new 2 bedrm Newton Suites.

beautiful looking building!!..awesome in every way! how much rent for a 2bedda unfurnished?

beautiful looking building!!..awesome in every way! how much rent for a 2bedda unfurnished?


The 2 bedders at Res@Evelyn went for around 5.5k -6.5k. No doubt the 2 bedders at Newton Suites are smaller, but in terms of convenience & proximity to malls/MRT, Newton Suites is better. So I am personally expecting rents of around 6k to be achievable for the 2 bedders. One flyer which I received from an agent quoted expected prices of between 6-7k for the 2 bedders. Perhaps not 7k but I think 6k is achievable. I know many yuppy expat singles and couples will love this place simply because of its very unique design. 2 weeks ago when I was hanging around at the Goldhill open carpark for sometime, I saw 3 expat couples walking past by kept looking at it.

The 'trellis' thingy on the facades are so... dark. I prefer it in a light colour.

Hehe looks like a huge ladder, for spiderman to climb up. :p

My Landlord is looking @ min $5k/2yrs lease.
They are not in Spore as the husband had been transferred to Osaka.A very nice couple.

For enquiries do drop me an email

ady_ahmari@yahoo.com.sg

Appreciate it if agents do not advertise here. This is a discussion forum, not a marketplace. Thanks.

Taken on 19/8. Newton Suites (beside Goldhill Square) as seen from Novena Square.

http://img528.imageshack.us/img528/1784/newtonsuitesxe2.jpg
when i first learnt that newton suites 2bedroom units have poolview and 3bedroom units do not. i was wondering why. Only when I see the actual site, i realized the view is total unblock for the 3bedroom units. the entrance to newton suites is very nice. cant wait for my client to invite me for the housewarming party:lol:

@arthur
did your company, Savills, market Newton Suites? Oh, and I vaguely remember that all room walls were glass, and not concrete?
and the guard house was magnificent! it was one big black glass box! :banana:

cheers ( sorry sharkie if i am copying you, no offence )

excelsvr

Appreciate it if agents do not advertise here. This is a discussion forum, not a marketplace. Thanks.

If you think my queries are an ad i truly apologised.:bow:
Well i'm just asking what's the desirable rates for this development going for rental.

:ohno:

Taken on 19/8. Newton Suites (beside Goldhill Square) as seen from Novena Square.


Great pic Maverick. Cheers :cheers: to Newton Suites owners.

@arthur
did your company, Savills, market Newton Suites? Oh, and I vaguely remember that all room walls were glass, and not concrete?
and the guard house was magnificent! it was one big black glass box! :banana:

cheers ( sorry sharkie if i am copying you, no offence )

excelsvr
knight frank was the marketing agent:)

Taken on 19/8. Newton Suites (beside Goldhill Square) as seen from Novena Square.

http://img528.imageshack.us/img528/1784/newtonsuitesxe2.jpg

excellent angle...love it!

knight frank was the marketing agent:)
oh i see. i humbly apologise for my mistake:ohno: and if possible, can you tell me what other condominium projects Savills has marketed?

cheers

excelsvr

any idea when Newton Suites will TOP? :banana:
can't wait to check the place out...awesome
i think prices will continue to rise...

yup. the dark colours and the trellis' greatly covers the concrete between windows, thus it does not look like hdb, but a unique and iconic condominium.

cheers

excelsvr

oh i see. i humbly apologise for my mistake:ohno: and if possible, can you tell me what other condominium projects Savills has marketed?

cheers

excelsvr

http://www.savills-singapore.com/

haha thanks. do you have a superior, Mr Ku Swee Yong, or is he from Coliier's International. Is Mr Ku Swee Yong is really your superior, then he was in the news several times giving advice.

cheers

excelsvr

haha thanks. do you have a superior, Mr Ku Swee Yong, or is he from Coliier's International. Is Mr Ku Swee Yong is really your superior, then he was in the news several times giving advice.

cheers

excelsvrmr ku is fm savills. don't get to talk to him often.

Arthur is a really, really nice guy:)
I respect his opinions, and is the only agent in SG whose advice I will listen to !!!

Hope Arthur continues to do very well and contributes to this forum !!

:banana: :banana:

Hey Guys!!
Good News!!
Newton Suites is TOPing next mth!!:cheers:

@Ady Ahmari
Where did you get the news from? Are you a resident?

cheers

excelsvr

@Ady Ahmari
Where did you get the news from? Are you a resident?

cheers

excelsvr

I happened to be lucky to get UOL's COO as a client!
He told me somewhere next mth!
:soon: :cheers: 6

You are a property agent? Arthur is one, too!

cheers

excelsvr

You are a property agent? Arthur is one, too!

cheers

excelsvr

sorry to ask, from your signature ---> Capitaland announces that TOP for Citylights is 29 February 2007!

2007 or 2008?

February 2007 do not have 29 days...

I understand that Lincoln Lodge will launch in early 2008. I wonder how high the stacks will be and whether it will block the 2 bedda views and if so, what floors will be impacted and which floors will be ok?
:ohno:

I understand that Lincoln Lodge will launch in early 2008. I wonder how high the stacks will be and whether it will block the 2 bedda views and if so, what floors will be impacted and which floors will be ok?
:ohno:

The new apt will have 36 storeys I believe which more or less block the view of all 2 bedders. Depends on the angle of the new building which may allow some units some open view from the side. The only consolation is that the new block will be built further backwards ( since there will be only 1 tower and there is sufficient space at the back) from the existing nearest block at Lincoln Lodge. This means those lower floor units which are currently blocked by Lincoln Lodge will be better off and those who are paying premium for higher floors may see their premium dissapear once the new condo is up.
The sky gardens will be a waste since the view from all 7 skygardens will be blocked

I believe one stack in Newton Suites would also be blocked by the coming office tower by SC Global being built next to Goldhill Square.

I believe one stack in Newton Suites would also be blocked by the coming office tower by SC Global being built next to Goldhill Square.


Only about 5 units ( 2 bedders from 6th - 10th flr) room windows view will be blocked by the new SC Global building which is 10 storey high.

sorry to ask, from your signature ---> Capitaland announces that TOP for Citylights is 29 February 2007!

2007 or 2008?

Yup Arthur Maverick713 has already imformed me and if you noticed, I have changed it, anyway thanks forth e alert.

cheers

excelsvr

Just passed by Newton Suites. No more workers inside already. TOP should be imminent.

cheers to all buyers of Newton Suites. It is a beautiful development.
:rofl::rofl::rofl::rofl::rofl::rofl:

excelsvr

There were some lights on in some of the units when I passed it earlier this evening.

There were some lights on in some of the units when I passed it earlier this evening.

The lightings will be from the electricians fixing and testing the lights of all the units.And some of the units are already with some planters if u look @ stack 1 & 4 balconies.

I can't wait too to check my client's unit!!Like my unit like that :lol:
It was my 1st transacted unit as an agt!!Told my buyer was a gd buy earlier this yr as a Subsale @ $1200/psf.
:cheers1:
Happy TOP-ing RESIDENTS of NEWTON SUITES!!!:drunk:

OK, residents raise your hands! Let us go in and have a look. Let us have a SSC party and celebrate! :drunk:

cheers

excelsvr

COOL!!...can't wait to look at some of the units...beautiful beautiful looking building...true architectural marvel!!:banana:

WOHA Architects are really geniuses. New generation buildings often don't use tiles or use plants to cover the building as it will look obiang. WOHA really proved them wrong buy designing 1 Moulmein Rise and Newton Suites. Masterpieces:applause:

cheers

excelsvr

Hi SSC,

maybe once it TOP u all will be invited to my client's unit!!
Those interested can email me @ ady_ahmari@yahoo.com.sg

Cheers!!

Are you refering to the whole SkyScraperCity?

cheers

excelsvr

Are you refering to the whole SkyScraperCity?

cheers

excelsvr

Of coz members in Spore.I have the POA so i will collect the keys on their behave as they have been trasnferred to TOKYO.

Cool. Please place me on the invite list. So nice to visit new condos.

Count me in if weekend k?!! Thanks in advance...
Ermm.. should we start a new thred in kopitiam for this?

It's always a new adventure visiting new condos. People go "ooh!" "ah!" But after a while, the excitement just wears off.

cheers

excelsvr

no news yet on TOP. only rumours it will TOP this month. can't wait to inspect the place:banana:

no news yet on TOP. only rumours it will TOP this month. can't wait to inspect the place:banana:


I called up UOL yesterday and was told they have received TOP already and are now in the process of sending the letter out to the lawyers. But they will do it in stages and will take several weeks for all keys to be handed out. The letter to my lawyers will be sent out only in 3-4 weeks time and I will get my keys around mid to end Oct.

I called up UOL yesterday and was told they have received TOP already and are now in the process of sending the letter out to the lawyers. But they will do it in stages and will take several weeks for all keys to be handed out. The letter to my lawyers will be sent out only in 3-4 weeks time and I will get my keys around mid to end Oct.

Hi nav14...

maybe we can combine Open Hse for NS,what say u?

By e way is urs 3bdrm unit?:cheers:

So exciting! After so long, Newton Suites is finally TOP-ing! But the units are RATHER small IMO.

cheers

excelsvr

So exciting! After so long, Newton Suites is finally TOP-ing! But the units are RATHER small IMO.

cheers

excelsvr

It's Quality Living Bro!Basically u are living in a masterpiece development in a prestige location.

It's more targetting for the Young,Rich and Trendy!!:nuts:

Yup - the architect is the renowned WOHA! Hmm..It designed my church too..

cheers

excelsvr

One more thing, Ady Ahamri, did you see the guard house entrance? One big black glass box:D

cheers

excelsvr

One more thing, Ady Ahamri, did you see the guard house entrance? One big black glass box:D

cheers

excelsvr

indeed, it is cool building..regret never get one unit there....

So exciting! After so long, Newton Suites is finally TOP-ing! But the units are RATHER small IMO.

cheers

excelsvr


Yes units are small but the layout is practical. No wastage of spaces, bomb shelters, etc

Great looking building! Great location too. I wonder what the rent will be like?

I hear rent will be around $6k per month for fully furnished and less then that for unfurnished.
Mind you there will be a flood of units coming on board in 2 years time with PI finishing...:banana:

One more thing, Ady Ahamri, did you see the guard house entrance? One big black glass box:D

cheers

excelsvr

I know...i've been driving around that area for few days.:nuts:

It's kinda cyber-looking but entrance to the world of Eden.:lol:
Can't wait for SC to complete its office building next to NS.Then the true beauty of that area will be fully revealed!

Cheers

I hear rent will be around $6k per month for fully furnished and less then that for unfurnished.
Mind you there will be a flood of units coming on board in 2 years time with PI finishing...:banana:

In definite the rental will start from $5.5k for a 2bedded and probably will hit $7.5k for a 3bedded I reckon.

Just take Residence of Evelyn for example the rental units so will judge from there.Plus NS is on the main road and easier access to amenities and public transportations.

Tenants will consider that kind of facts in order to look for his/her rented unit.
Plus Starbucks Coffee just a street crossed away for Expats!!:cheers:

In definite the rental will start from $5.5k for a 2bedded and probably will hit $7.5k for a 3bedded I reckon.

Just take Residence of Evelyn for example the rental units so will judge from there.Plus NS is on the main road and easier access to amenities and public transportations.

Tenants will consider that kind of facts in order to look for his/her rented unit.
Plus Starbucks Coffee just a street crossed away for Expats!!:cheers:

I think some Residences@ Evelyn 2 bedders went for 7k as well. No doubt the 2 bedders there are bigger, but NS is more convenient along with a Newton Rd address. Also it has a design which yuppie expats will fall in love with. So I will be trying my luck and asking around 7k for my 2 bedder though I will settle for 6.5k. But I will do up the place very nicely with some customised wall features, false ceiling with recessed lighting, wallpaper in rooms, 42" plasma, etc.

I think some Residences@ Evelyn 2 bedders went for 7k as well. No doubt the 2 bedders there are bigger, but NS is more convenient along with a Newton Rd address. Also it has a design which yuppie expats will fall in love with. So I will be trying my luck and asking around 7k for my 2 bedder though I will settle for 6.5k. But I will do up the place very nicely with some customised wall features, false ceiling with recessed lighting, wallpaper in rooms, 42" plasma, etc.gd luck:)

I think some Residences@ Evelyn 2 bedders went for 7k as well. No doubt the 2 bedders there are bigger, but NS is more convenient along with a Newton Rd address. Also it has a design which yuppie expats will fall in love with. So I will be trying my luck and asking around 7k for my 2 bedder though I will settle for 6.5k. But I will do up the place very nicely with some customised wall features, false ceiling with recessed lighting, wallpaper in rooms, 42" plasma, etc.
nav14 personally I feel that Residences @ Evelyn is in a better location, as it's entrance is at Evelyn road, away from the main road. Whereas Newton suites entrances are at the main road, and the area tends to get quite jammes these days.
Just my 2 cents.

cheers

excelsvr

nav14 personally I feel that Residences @ Evelyn is in a better location, as it's entrance is at Evelyn road, away from the main road. Whereas Newton suites entrances are at the main road, and the area tends to get quite jammes these days.
Just my 2 cents.

cheers

excelsvr

I think for owner occupation,especially a family, Residences@Evelyn is has more privacy and in a better location. But for small families especially for singles or couple expats without cars, NS is in a better location as it is nearer to malls and MRT. So for attractiveness in terms of rental for singles/couples. NS has an edge.

Well said, well said! :applause: Technically NS is more convenient. There is an underground tunnel for access to the MRt via United Square.

cheers

excelsvr

I think some Residences@ Evelyn 2 bedders went for 7k as well. No doubt the 2 bedders there are bigger, but NS is more convenient along with a Newton Rd address. Also it has a design which yuppie expats will fall in love with. So I will be trying my luck and asking around 7k for my 2 bedder though I will settle for 6.5k. But I will do up the place very nicely with some customised wall features, false ceiling with recessed lighting, wallpaper in rooms, 42" plasma, etc.

Mind if i ask how many sf for 2 bedders? curious to find out the psf rental..
Thanks!

Mind if i ask how many sf for 2 bedders? curious to find out the psf rental..
Thanks!

Quite small - 800sq ft only.

Thanks!! Good luck in securing your tenant, and do post the good news.
$8 psf... its good its good!:banana:

I think for owner occupation,especially a family, Residences@Evelyn is has more privacy and in a better location. But for small families especially for singles or couple expats without cars, NS is in a better location as it is nearer to malls and MRT. So for attractiveness in terms of rental for singles/couples. NS has an edge.

So will Park Infinia be higher then ?? It has the privacy of Evelyn, and nearer malls and MRT of NS ?? :)
After bidding up the prices, are we going to be bidding up the rentals in area !!!!

Anyway, good luck. Good news for you is good news for me also ...
ps Thought PI topping in 1Q 2008, not 2 years

Park Infina will gradually fetch an highter rent because land size is bigger, citing more and better facilities.

cheers

excelsvr

I think some Residences@ Evelyn 2 bedders went for 7k as well. No doubt the 2 bedders there are bigger, but NS is more convenient along with a Newton Rd address. Also it has a design which yuppie expats will fall in love with. So I will be trying my luck and asking around 7k for my 2 bedder though I will settle for 6.5k. But I will do up the place very nicely with some customised wall features, false ceiling with recessed lighting, wallpaper in rooms, 42" plasma, etc.

Well nav14 sir,
u can try but do bear in mind there will be many 2bedded will be out for rent in NS.
No doubt you will put all the stuff u mentioned but tenant will be tenant.Wall features and all are not their main concern.

They want low rent in the end.They would rather settle for low rental say 5.5k-6k/mth.Think if they can save $500-$1k/mth over a plasma & etc that will be $6k-$12k/p.a..Think they will get their own which most my expat clients would prefer.If they buy a good plasma @ $5k they still can save $1-$7k/p.a. @ a lower rental.:ohno:

Well this is what i think and most tenants will look @ it too.

:nocrook:

I think PI caters for a different type of tenant. Tenants that like the privacy, exclusivity will for Newton Suites whereas PI will cater for those tenants that like large developments with ammenities. Also, Newton Suites is in a much better location closer to transport and shops and away from the hustle and bustle of Lincoln Rd area....

there is still a large demand for rental properties in good areas so I reckon both NS and PI will be ok in the short term...once 2009 hits, then there will be a oversupply of rental units...:nuts:

Well nav14 sir,
u can try but do bear in mind there will be many 2bedded will be out for rent in NS.
No doubt you will put all the stuff u mentioned but tenant will be tenant.Wall features and all are not their main concern.

They want low rent in the end.They would rather settle for low rental say 5.5k-6k/mth.Think if they can save $500-$1k/mth over a plasma & etc that will be $6k-$12k/p.a..Think they will get their own which most my expat clients would prefer.If they buy a good plasma @ $5k they still can save $1-$7k/p.a. @ a lower rental.:ohno:

Well this is what i think and most tenants will look @ it too.

:nocrook:


The additional decor/items I am going to put in will cost me about 4k extra over the average fully furnished standard apts. I am sourcing all the contractors (lighting, ceiling, carpentry, wallpaper) separately and that will save me quite a bit though a bit more coordination work will be required. I have already shortlisted all the contractors and I will bring them in on the first day I get the keys. I will be focusing on areas/items that do not cost too much and yet will make a visual impact as the tenant walks into the apt. For eg as you walk in the first thing that catches the eye is a wall feature covering the whole front wall with a 42" Plasma mounted on it and a false ceiling above it with recessed lighting at its edges. The tenant will hardly find this in the other rental units he may visit. The Samsung 42" Plasma I am eyeing costs only $1.7k ( cheapest branded 42" Plasma with 3 yr warranty). The false ceiling in the living room and M/Bed another $500 and a modern design wallpaper in the rooms will cost $500. Other low cost additional minor touches (hanging light from the bed side in M/Bed, etc)and proper colour coordination will make your the stand out from the rest.

People who are willing and can afford to pay 5.5k - 6k for a small 2 bedder should not have a problem paying an additional $300-$500 per month for a better furnished and cosier condo, if they happen to like it. Even if I get $300 more a month or 5% of the total monthly rent (which should not be a problem)as compared to my neighbours bare and simple fully furnished apt with the original white washed walls, I will be better off, since I will recoup my additional 4k within 14 mths and the remaining 10 mths of a 2yr lease will bring me in an additional 3k. I may still get a slight premium for the following 2year lease. For subsequent leases as the place gets older, a better furnished place will at least enable me to get a tenant faster in a location where competition will heat up as more condos like PI, Soleil, etc get their TOP.

I will also be marketing the unit as an open listing. I will advertise it myself and the most prominent words in a 2cm x 2cm column will be AGTS WELCOME. I will try to attract as many agts as possible as I know agts will be attracted to the possibility of getting the whole commission (6k or so) for themselves without the need to co-broke and share their commission with other agents. Based on my past experience. I realised this is the best approach to rent or sell your place at the highest price and in the shortest period. It has worked very well so far since the agents tend to focus on your unit and even go to the extent of showing only your unit to a prospective tenant in that condo development even if other units are available where they have to co-broke.

NS has 60 2 bedders and I am sure at least half may be owner occupied. So 30 units available for rent over several weeks should not provide too much competition. Based on the still hot leasing market, developments with larger number of units have seen their units taken up very fast.

Well nav14 sir,
u can try but do bear in mind there will be many 2bedded will be out for rent in NS.
No doubt you will put all the stuff u mentioned but tenant will be tenant.Wall features and all are not their main concern.

They want low rent in the end.They would rather settle for low rental say 5.5k-6k/mth.Think if they can save $500-$1k/mth over a plasma & etc that will be $6k-$12k/p.a..Think they will get their own which most my expat clients would prefer.If they buy a good plasma @ $5k they still can save $1-$7k/p.a. @ a lower rental.:ohno:

Well this is what i think and most tenants will look @ it too.

:nocrook:
Ady Ahmari you are wrong. Some people would rather prefer a furnished, comfortable and comfy HOME as their house.

cheers

excelsvr

Ady Ahmari you are wrong. Some people would rather prefer a furnished, comfortable and comfy HOME as their house.

cheers

excelsvr

Well all can be said it depends on individual.Didn't say i do not agree but of coz would rent an apt with Comfy Rented apt but i'm talking in general as Tenant who muchly prefer their own taste.

But nevermind my opinion...:cheers:

Yup. e.g.-This guy is one auspicious guy. See your unit before reno very happy want to rent. But then you decorate it all black then he don't want.

cheers

excelsvr

Yup. e.g.-This guy is one auspicious guy. See your unit before reno very happy want to rent. But then you decorate it all black then he don't want.

cheers

excelsvr

Someone who does that (renovating it with a black theme) for a rental unit must be out of his mind. Must choose neutral colours like Beige, cream amd matching neutral colored furniture so that the maximum no of people can accept it. Go for a contemporary design with neutral colours and I am sure 80% of tenants will accept it.

No what, got someone at Residences @ 338a decorate his house all black because it is small. It was in some decor magazine.

cheers

excelsvr

No what, got someone at Residences @ 338a decorate his house all black because it is small. It was in some decor magazine.

cheers

excelsvr
If his house is small, decorating it all black would make it feel even smaller!

Yup, but it is the only solution. I herad this somewhere.
"If your house is big, dress it in white to make it look even bigger."
"If it is small, dress it in dark colours to make it feel warm and cosy."
I guess that particular guy followed this principle.

cheers

excelsvr

wow. looks like the first few Newton Suites units are for rent now on www.homecrawler.com.sg

ranges from $5k to $6.5k..:banana:

That's fast! Newton Suites just TOP what!

cheers

excelsvr

That's fast! Newton Suites just TOP what!

cheers

excelsvr


My estimation is that the first batch of keys to be given out will be in about 2weeks time . I more week for doing the basic reno (lighting ,etc) and thus first tenants should be able to move in around mid Oct earliest.
I am sure the agents advertising now will not be able to arrange for any viewing until about 2 weeks time.

Nav14, if I remember correctly, you are a owner, right ?

Congrats to getting your keys soon. This development is a good one. Investment perspective aside, it is architecturally beautiful. Nice pick, dude!

I just passed Newton Suites. The carpark has 3 cars, I thought that the keys have been given out! :D Anyway the entrance looked ready, and the gate was up ;)

cheers

excelsvr

My estimation is that the first batch of keys to be given out will be in about 2weeks time . I more week for doing the basic reno (lighting ,etc) and thus first tenants should be able to move in around mid Oct earliest.
I am sure the agents advertising now will not be able to arrange for any viewing until about 2 weeks time.

all the best in renting your unit out. the rental market is abit soft at of this moment. all my rental agent friend very free.

all the best in renting your unit out. the rental market is abit soft at of this moment. all my rental agent friend very free.

Why ? Worth sharing ?

Same question: worth sharing?

all the best in renting your unit out. the rental market is abit soft at of this moment. all my rental agent friend very free.

I know it's either Owner asking too high and the best trend now Tenants are fussy about renting a unit near all the upcoming developments or condos that have already gone en-bloc.

Practically I brought my tenants and really no area is free from constructions!
We are not talking about Western part here.Basically Eastern,Southern and Central can't avoid unsightful sight and unbearable drilling sound.:ohno:

Why ? Worth sharing ?think lots of new condo just got top. residence@evelyn, metz, visioncrest, icon, domain 21, twin regency. towards the end of the year got citylight and newton suites. many many choices.

I know a lot of expats are going for cheaper apartments which are located further from town. Some even go for cheaper accommodation at HDB estates.

I know a lot of expats are going for cheaper apartments which are located further from town. Some even go for cheaper accommodation at HDB estates.
jurong hdb can rent at $2100/mth!:nuts: an amercian family took it....

But can't blame la...probably despo case!Or maybe maisonnette unit?:ohno:

all the best in renting your unit out. the rental market is abit soft at of this moment. all my rental agent friend very free.

If your rental agent friends are so free, means the rental market is collapsing? I guess this is only for condos if true since HDB rents are still going up every month.

I thought HDB released many blocks of rental units recently ?
Looks like keeping a HDB unit for rental is a good choice.

think lots of new condo just got top. residence@evelyn, metz, visioncrest, icon, domain 21, twin regency. towards the end of the year got citylight and newton suites. many many choices.

The leasing of units for Residences@Evelyn & Metz should be at its tail end with most of the units already leased out. Domain 21 and Newton Suites will not have many units available (50 - 60 each) for lease. Citylights only available 3-4 months time. Major new supply now is coming from Icon and Visioncrest.Visioncrest will attract those who prefer Orchard Rd area and Icon those who like business district. Not much new supply in Newton at this moment. Anyway I will find out soon how bad the market really is. If the rental market is getting bad now I can't imagine what will happen in 2009 -rents crashing by 50%?

I know a lot of expats are going for cheaper apartments which are located further from town. Some even go for cheaper accommodation at HDB estates.

Those expats who went for HDB mostly are under LOCAL PACKAGES or PRs.

All i can say not many are keen to move to HDB after many years of living in a sanctuary full of facilities and status to a blocks of Heartland with the locals.

As many expats i believe some of you guys here are,company doesn't give that luxury privileges anymore of that housing allowances unless you are someone HIGH in their company as to maintain the image of company.

Most expats i know are having difficulty to rent a place within their range of what they are paying from the past years.

The leasing of units for Residences@Evelyn & Metz should be at its tail end with most of the units already leased out. Domain 21 and Newton Suites will not have many units available (50 - 60 each) for lease. Citylights only available 3-4 months time. Major new supply now is coming from Icon and Visioncrest.Visioncrest will attract those who prefer Orchard Rd area and Icon those who like business district. Not much new supply in Newton at this moment. Anyway I will find out soon how bad the market really is. If the rental market is getting bad now I can't imagine what will happen in 2009 -rents crashing by 50%?

No crash lah... normalize is the word.
Expatriate can then move back to D9,10,11 with smaller but new apartment.
No more expatriate grumbling and complaints on ST - everyone happy ;)

The leasing of units for Residences@Evelyn & Metz should be at its tail end with most of the units already leased out. Domain 21 and Newton Suites will not have many units available (50 - 60 each) for lease. Citylights only available 3-4 months time. Major new supply now is coming from Icon and Visioncrest.Visioncrest will attract those who prefer Orchard Rd area and Icon those who like business district. Not much new supply in Newton at this moment. Anyway I will find out soon how bad the market really is. If the rental market is getting bad now I can't imagine what will happen in 2009 -rents crashing by 50%?
i know of a 3 bedroom fully furnish unit in Residences@Evelyn asking for $7500/mth and still no taker. There are still many units available in Metz and Residences@Evelyn. Yes, Icon and Visioncrest has many units in the market.

Just last year, a brand new 2 bedroom is asking for $3500~4000/mth and now is asking for $6000/mth. dont think the allowance for expat went up that much.

Am just sharing only. No hard feeling ya.:cheers:

With capital gain is already achieve, owners are not so desperate to rent out cheaply. If rent too cheap, next time when you sell will have problem when buyer compare your rental against your asking price. Imagine selling an apartment for $2 million but the place was rent out for $5000.

2-3% yield will be hard on your buyer to make a move. I prefer to sell vacant apartment.

Well all can be said it depends on individual.Didn't say i do not agree but of coz would rent an apt with Comfy Rented apt but i'm talking in general as Tenant who muchly prefer their own taste.

But nevermind my opinion...:cheers:

Hi Guys,

just saw this post by Ady. And I must say I agree with him. My current tenant at District 9 took out a few stuff i added like lighting, coffee table, TV console and requested for a rebate from the deposit paid to buy his own furnishings. And of course the usual rent negotiating statements like.. "Its closer to the main road.. more noise.. less rent please" and "sorry thats my budget.. no more!"

Hi Guys,

just saw this post by Ady. And I must say I agree with him. My current tenant at District 9 took out a few stuff i added like lighting, coffee table, TV console and requested for a rebate from the deposit paid to buy his own furnishings. And of course the usual rent negotiating statements like.. "Its closer to the main road.. more noise.. less rent please" and "sorry thats my budget.. no more!"

Should had asked all potential tenants to come on the same time, so they can fight to rent your apartment. ;)

i know of a 3 bedroom fully furnish unit in Residences@Evelyn asking for $7500/mth and still no taker. There are still many units available in Metz and Residences@Evelyn. Yes, Icon and Visioncrest has many units in the market.

Just last year, a brand new 2 bedroom is asking for $3500~4000/mth and now is asking for $6000/mth. dont think the allowance for expat went up that much.

Am just sharing only. No hard feeling ya.:cheers:

It is common knowledge that rents have nearly doubled including HDB rents. So whether expat's allowance went up accordingly or not, the fact remains there has to be demand in order for rents to reach the existing levels. Rents are based on demand & supply and not subjected to speculative activity unlike capital values. This could be temporary and rents may start coming down again especially since in your view the market for rental units has softened as well. Based on what I see in the classifieds, the asking prices for condos has remained very stable in the past 2-3 months. If demand is getting weaker, as you put it, then we can expect to see the asking prices declining any time now. Asking rental prices should actually reflect weaker demand very fast (unlike sale prices) since a owner would rather get $500 lesser than to lose out $5000 - $10,000 on rent by holding out for 1-2 mths hoping to get the rent he is looking for.
I see very few ads for Metz units right now. I hardly see any ads for the more inferior located Urbana which received TOP around same time as Metz. For Residences@Evelyn, most of the units available right now must be the last few whose keys have been given out only recently.
$7500 for a fully furnished 3 bedder Residences@Evelyn is a big steal especially when Amaryllis 3 bedders can still be rented out for around 7k. Most likely the agent marketing this particular unit refuses to co-broke.

Maybe I should seek your opinion on whether it would help one to lease out his unit faster if the owner advertises his condo himself as an open listing and welcomes all agents and where agents need not co-broke and the "winner" gets the whole commission.

I can see most of the expats are on local terms nowadays. Expense control is always in the minds of multinational corporations in these days.

Those expats who went for HDB mostly are under LOCAL PACKAGES or PRs.

All i can say not many are keen to move to HDB after many years of living in a sanctuary full of facilities and status to a blocks of Heartland with the locals.

As many expats i believe some of you guys here are,company doesn't give that luxury privileges anymore of that housing allowances unless you are someone HIGH in their company as to maintain the image of company.

Most expats i know are having difficulty to rent a place within their range of what they are paying from the past years.

Yes, allowance definitely did not increase as much as the rental has gone. Assuming the mid level expat has a monthly income of $15,000. An annual increment of 10% is only $1,500. Not enough to cover the rise in rental prices for a mid level 2 bedroom apartment. :lol:

i know of a 3 bedroom fully furnish unit in Residences@Evelyn asking for $7500/mth and still no taker. There are still many units available in Metz and Residences@Evelyn. Yes, Icon and Visioncrest has many units in the market.

Just last year, a brand new 2 bedroom is asking for $3500~4000/mth and now is asking for $6000/mth. dont think the allowance for expat went up that much.

Am just sharing only. No hard feeling ya.:cheers:

Hi Guys,

just saw this post by Ady. And I must say I agree with him. My current tenant at District 9 took out a few stuff i added like lighting, coffee table, TV console and requested for a rebate from the deposit paid to buy his own furnishings. And of course the usual rent negotiating statements like.. "Its closer to the main road.. more noise.. less rent please" and "sorry thats my budget.. no more!"

I guess you rented it out when the market was not as hot as it has been recently. Because for the past few months landlord has been "king" and would not have entertained such requests unless the rent was above market price. In a hot market I would advertise myself and let all agents bring in their clients within a 1 hour slot (as Baby suggested). Create competition not only amongst the tenants but also amongst the agents looking to get the whole commission for themselves. Guaranteed best rental within the shortest period. Of course this is only while the going is good for owners.

i know of a 3 bedroom fully furnish unit in Residences@Evelyn asking for $7500/mth and still no taker. There are still many units available in Metz and Residences@Evelyn. Yes, Icon and Visioncrest has many units in the market.

Just last year, a brand new 2 bedroom is asking for $3500~4000/mth and now is asking for $6000/mth. dont think the allowance for expat went up that much.

Am just sharing only. No hard feeling ya.:cheers:

Arthur, tks for your info... Never realised... Hopefully, just the end of summer hols, and believe in HK that 3Q is normally the most active for rentals...

But question is, if housing allowance isn't going up enough, they're not renting these new units yet don't like HDB, what are they doing ??? Are they still hanging out in their old homes til owner sales ?? Leaving SG ?? Living in the streets (imagine expats in streets with sign 2 kids to support, lost home) ???

Arthur, tks for your info... Never realised... Hopefully, just the end of summer hols, and believe in HK that 3Q is normally the most active for rentals...

But question is, if housing allowance isn't going up enough, they're not renting these new units yet don't like HDB, what are they doing ??? Are they still hanging out in their old homes til owner sales ?? Leaving SG ?? Living in the streets (imagine expats in streets with sign 2 kids to support, lost home) ???

Some are leaving or intend to leave because of rising rents. But most are just making adjustments by moving down the ladder. Those who were staying in prime areas are moving to city fringes and those in city fringes moving to suburban condos and those in subuirban condos moving to HDB and those in HDB who had apts for themsleves are beginning to share it with their friends or going for room rentals.

It is common knowledge that rents have nearly doubled including HDB rents. So whether expat's allowance went up accordingly or not, the fact remains there has to be demand in order for rents to reach the existing levels. Rents are based on demand & supply and not subjected to speculative activity unlike capital values. This could be temporary and rents may start coming down again especially since in your view the market for rental units has softened as well. Based on what I see in the classifieds, the asking prices for condos has remained very stable in the past 2-3 months. If demand is getting weaker, as you put it, then we can expect to see the asking prices declining any time now. Asking rental prices should actually reflect weaker demand very fast (unlike sale prices) since a owner would rather get $500 lesser than to lose out $5000 - $10,000 on rent by holding out for 1-2 mths hoping to get the rent he is looking for.
I see very few ads for Metz units right now. I hardly see any ads for the more inferior located Urbana which received TOP around same time as Metz. For Residences@Evelyn, most of the units available right now must be the last few whose keys have been given out only recently.
$7500 for a fully furnished 3 bedder Residences@Evelyn is a big steal especially when Amaryllis 3 bedders can still be rented out for around 7k. Most likely the agent marketing this particular unit refuses to co-broke.

Maybe I should seek your opinion on whether it would help one to lease out his unit faster if the owner advertises his condo himself as an open listing and welcomes all agents and where agents need not co-broke and the "winner" gets the whole commission.
you can try open listing. corp-client normally view the place during weekday, just bear this in mind.

if yours is a 2bedroom, you can try to furnish it as you have done before but if yours is a 3bedroom, the tenant will normally has their furniture. you just need to supply curtain, lightings and white goods will do.

the residences@evelyn agent asks me to bring client to her unit leh.

Arthur, tks for your info... Never realised... Hopefully, just the end of summer hols, and believe in HK that 3Q is normally the most active for rentals...

But question is, if housing allowance isn't going up enough, they're not renting these new units yet don't like HDB, what are they doing ??? Are they still hanging out in their old homes til owner sales ?? Leaving SG ?? Living in the streets (imagine expats in streets with sign 2 kids to support, lost home) ???
move to outside city area hence you can see that twin regency and kovan melody leased out very fast.