Apologies for the confusion the latest market data at propertyvalue.com.sg has caused. It is based on statistical model that uses data from URA.

We're still working on improving the valuation model and sometimes outliers can affect the results too much. I've removed the main culprit from the data and run the model again. You can see the new data online now.

Also, some of the URA transactions for December seem to come from investors buying in bulk (which probably mean discounts for them).

Please do send us feedback anytime you feel there are inconsistencies in the data.

Regards,

Jani at PropertyGuru.com.sg
visit www.propertyguru.com.sg - search 1000's of Singapore properties online

Why are you going around the different threads posting this same message?
There are a total of 7 such postings from you in this forum thusfar.

Why don't you use the "report spam" button instead of doing exactly the same thing as what he did? Do you seriously think other people enjoy reading your repeated messages more than his? :-p

just got letter from lawyer on notification of TOP in Q1 by Keppel land's lawyers. say TOP may be staggered.

Think the last crane has just about been taken down.

waiting for housing loan rates to come down first before locking in fixed rate mortgage. hope that happens soon. interbank rates already down so much....

just got letter from lawyer on notification of TOP in Q1 by Keppel land's lawyers. say TOP may be staggered.

Think the last crane has just about been taken down.

waiting for housing loan rates to come down first before locking in fixed rate mortgage. hope that happens soon. interbank rates already down so much....

Wah !! so soon !
Need to get financing soon then ! Which bank best deal ?

Any info on which section first (to top ?) - ie which block RU and low floor ?
Was hoping to be a bit later given market quite. Guess market for rental still very good ?

ps.. Anyone got some recent pics ? e.g. including facilities

was there today, think is likely to be end of Q1. only block 2 seems ready.

got a unit thru subsale...maybe by completion should be TOP already.

MV28,
interset rates are going down vis-a-vis US economy. I think it will hit bottom mid this year and on ave stay low at least till early 2009. after 2009, cant speculate. So u may want to consider packages that peg to benchmarks at the lowest rate set at that time.

I am inclined to the opinion that rental mrkt is still in demand given that TOP for most devlpments will be coming later.

look fwd to see future neighbours :)

SOR dropped from 2.4% to 1.85% in 2 weeks. Dunno if it is permanent.

1 SGD 3 month SOR Fixing 1.85% 1.85%

2 SGD 6 month SOR Fixing 1.99% 2.01%


got a unit thru subsale...maybe by completion should be TOP already.

MV28,
interset rates are going down vis-a-vis US economy. I think it will hit bottom mid this year and on ave stay low at least till early 2009. after 2009, cant speculate. So u may want to consider packages that peg to benchmarks at the lowest rate set at that time.

I am inclined to the opinion that rental mrkt is still in demand given that TOP for most devlpments will be coming later.

look fwd to see future neighbours :)

The whole development looks so huge! But the linear layout of the blocks doesn't look too good.

just got letter from lawyer on notification of TOP in Q1 by Keppel land's lawyers. say TOP may be staggered.

Think the last crane has just about been taken down.

waiting for housing loan rates to come down first before locking in fixed rate mortgage. hope that happens soon. interbank rates already down so much....

UNfortunately the banks in Singapore do not adjust their interest rates on mortgage generally as timely as these market events are happening around us, i.e. rate cuts (excluding those marked to market products). Will be good to add a level of certainty in mortgage repayment. Is Maybank or UOB offering better deals? Anyone knows? Thanks!

:)Will be good to add a level of certainty in mortgage repayment. Is Maybank or UOB offering better deals? Anyone knows? Thanks!


there is a package that incorporate both stability and transparency...half ur loan is pegged to fixed rate, the other to benchmark rates (eg SOR or SIBOR). i know of 2 banks who have this (not the ones u mentioned). if u need further details PM me and i will pass u the agents contact. :)

Have been informed by lawyers TOP for block 2A likely end of FEB.
Tks for advice fm forummers for bank financing. UOB was very efficient and came back with approval within 5 days. Rate at 3.5% may not be cheapest, no penalties (important), but OK.

My HK rate now at 2.75% following 75bp overnight Fed Cut. This has fallen fm near 5% approx 1 year ago, and likely to dip to 2%. That gives me a positive carry of approx 50-70% on my investment 4 mths ago :).
SG rates have not moved. Hopefully the 3.5% will also drop. I think PI may also generate positive carry of 80-100%.

Have been informed by lawyers TOP for block 2A likely end of FEB.
.

how about the other 3 blocks? Anyone with info....

Have been informed by lawyers TOP for block 2A likely end of FEB.


Dear MV28, did yr letter specifically state Blk 2A? The letter from my lawyer enclosed a copy of developer's lawyer letter and it simply stated TOP likely in 1st qrtr 2008 and also possible staggering of TOP.

Dear MV28, did yr letter specifically state Blk 2A? The letter from my lawyer enclosed a copy of developer's lawyer letter and it simply stated TOP likely in 1st qrtr 2008 and also possible staggering of TOP.

I called up keppel via hotline no at PI website and enquired on this. Person attending (who was quite professional) called me back 5mins later after checking with their (Keppel land's) lawyers - the only comms sent out was the one on TOP by Q1 that was received by most ppl. Nothing as definitive as blk 2A or any other blk slated for TOP by end Feb (MW should clarify with his lawyer on this - pure speculation perhaps on lawyer's part). Although she did qualify "by Q1" could mean anytime btw now and end of Q1. However looking at the site with last crane still attached to one of the last block, unless they give out hardhats to early TOP block owners, not sure how realistic is end of Feb timeline.

She also did mention likely TOP would be bigbang method (ie everyone together) although due to the large no of units in project, the settlement process could take be a little more stretched out. Seems reasonable i though

I'm in block 2A (which I thought was behind block 2).
Email from lawyer stated TOP is estimated end-Feb. However, this time did not get copy to state why this statement (unlike the 1Q statement).

I'm in block 2A (which I thought was behind block 2).
Email from lawyer stated TOP is estimated end-Feb. However, this time did not get copy to state why this statement (unlike the 1Q statement).

Maybe lawyer trying to get you to hurry up with your loan app? heh

anyways, my friend who just moved into opposite PI at the Link says the grounds are still being worked on. Feb deadline seems pretty aggressive esp when 1 crane at another blk is still attached.

ask the contractors work 24/7 :). Saw them slogging away on weekends...

BTW, noticed that the Allgreen showflat's light was on during weekends -getting busy perhaps? Separately PP has been appoved for the strata hsing across @ gilstead. Run cld start soon.

L'viv Wing Tai project on Newton Road has approval for sales, tho I think the company mentioned showroom not ready tho...

Was at Lincoln Modern's Penthouse yesterday. I really dont think Park Infinia can TOP by Q1 2008. So many works to be done as compare to The Seaview where the compound is clean and all the blue window sticker have been removed. Only block 2 has it blue window sticker removed.

Was at Lincoln Modern's Penthouse yesterday. I really dont think Park Infinia can TOP by Q1 2008. So many works to be done as compare to The Seaview where the compound is clean and all the blue window sticker have been removed. Only block 2 has it blue window sticker removed.

Hey, are these 2 penthouses from Lincoln Modern reducing their price? How much these penthouses right now?

Hey, are these 2 penthouses from Lincoln Modern reducing their price? How much these penthouses right now?the bigger penthouse is asking for $5m.

Was at River Valley today. Cosmopolitan looks ready same as The Grange.

the bigger penthouse is asking for $5m.

Was at River Valley today. Cosmopolitan looks ready same as The Grange.

It was $5.8 m like months ago. i think the view from the penthouse is really blocked by the Park Infinia. they are so close to each other. feel bad for Lincoln Modern. You think the price will keep going down for the penthouse?

...not that I'm able to afford or wanting to buy, but may I ask how big in size is the $5M penthouse?

...not that I'm able to afford or wanting to buy, but may I ask how big in size is the $5M penthouse?3552sqft, 4 bedroom, 3 levels.

to BlackGhost, no idea. which other penthouses have you seen lately?

back to Park Infinia, the other 3 blocks have removed the blue color window sticker.

thanks for the updates Arthur...

3552sqft, 4 bedroom, 3 levels.

to BlackGhost, no idea. which other penthouses have you seen lately?

back to Park Infinia, the other 3 blocks have removed the blue color window sticker.

The one at 29th and 30th floors, main door facing south (SSW to be exact). One of my friend fr DTZ Debenham Tie Leung told me that it was $6.2 m, and the owner reduce the price to $5.3 m just last month.

thanks arthur! :)

Good news for newton home owners...Koh bros have deep pockets to ride out potential storm...and not in a hurry to sell LL on the cheap.

Published February 27, 2008

Valuation gains boost Koh Brothers' profit

By UMA SHANKARI


PROPERTY and construction company Koh Brothers' 2007 net profit jumped almost 10-fold to $39.7 million, fuelled by exceptional items.

Net profit was boosted by valuation gains of more than $30 million and a $5.6 million gain from the disposal of subsidiaries. For 2006, Koh Brothers reported a net profit of $4.1 million.

Revenue for the year ended Dec 31, 2007 rose 10 per cent to $285.5 million - from $259.6 million the year before - as the company's construction and building materials division recorded strong numbers amid a construction boom in Singapore.

Earnings per share rose to 8.28 cents in 2007, from 0.85 cents in 2006. Koh Brothers has declared a first and final dividend of 0.3 cents a share for 2007.

The company plans to go ahead with three residential launches this year despite the property market taking a breather, chief executive Francis Koh told BT.

'In 2008 we will launch new projects such as Lincoln Lodge off Newton Road, the Alocassia Apartments along Bukit Timah Road and Florenza at Florence Road,' Mr Koh said. But the sale of units in luxury development The Lumos will be held off until the market recovers. 'At the moment the high-end and luxury markets are a bit slow but the mid-range segment is still quite good, so we will push out those projects first,' he explained.

In line with this, Koh Brothers will roll out Florenza in Florence Road, which it classifies as a mid-range property, in the second quarter of 2008.

Launches of the more upmarket Lincoln Lodge and Alocassia Apartments projects are slated for the fourth quarter, while sales of The Lumos - which is 40 per cent sold - are on hold.

Mr Koh said that if need be the company can afford not to launch any projects this year and instead wait for the market to recover, as it is in a financially strong position. Koh Brothers reduced its gearing from 4.3 to 2.1 in 2007, he said. The company also has locked in income streams for 2008. In 2007 it tied up the sale of Changi Hotel for $42 million. A gain of some $20.4 million will be seen in 2008 from the deal.

In addition, the progressive recognition of revenue from sales of units in The Lumos and the fully-sold Bungalows@Caldecott, as well as higher rental income from 50 per cent-owned mall Sun Plaza, will contribute to 2008's numbers, Mr Koh added.

The company also has construction contracts of $849 million up to 2011 in hand and intends to bid for more large-scale public-sector projects.

Heard Keppel preparing for TOP inspection sometime next week.

visited the site a couple of days ago and am somewhat aghast with the choice of orange colour for the perimeter wall. sorry, no pics as it was raining cats and dogs. and the same colour is used for the clubhouse too. yikes!

I agree with duckweed. The 4 towers are individualistic & stylish... but are spoilt by the cheap-looking & common-looking orange perimeters with black grilles. The tall full-glass gym looks extremely classy... but is again spoilt by the totally unmatching 2-tone orange walls of the club house. Whoever the architect is ought to be shot in the head... & I can't believe Keppel blindly follows the architect's ideas. The orange perimeters with black grilles & the 2-tone orange walls of the clubhouse really spoils the high-end & grand ambience of the whole development. I suggest Keppel should change the design & colour of the perimeters & clubhouse walls to something that blends in with the class of the development.

Haven't seen this bit yet... would appreciate photos (and clubshouse !!)

This reminds me about The Arch in Kowloon Station, HK. The base area is also a very bright orange (it's actually the mall, The elements), but the area you drive into (lobby/car parks) also has this orange (see bottom right).

http://farm3.static.flickr.com/2105/2083526791_e6875ebb11.jpg?v=0

Saw PI site today from Suffolk Walk entrance, some pics below. Perimeter wall color is more ocher than orange; but does not blend too well with rest of development :ohno:
Spoke to some construction guys there, first round TOP inspection over & TOP re-inspection some areas next week.

http://farm4.static.flickr.com/3056/2318831468_ddb94f6576_b.jpg

http://farm4.static.flickr.com/3166/2318012127_b246704890_b.jpg
(guardhouse on right, leading to basement carpark), note wall color!!

http://farm4.static.flickr.com/3092/2318815504_340722d778_b.jpg
((perimeter wall)

http://farm3.static.flickr.com/2149/2318009367_f34df5f154_b.jpg

http://farm3.static.flickr.com/2011/2318812298_dcd72a4d3c_b.jpg
(back view of clubhouse just visible at left of pic, ocher?!)

http://farm4.static.flickr.com/3128/2318770044_ca7a6bb33d_o.jpg
(blk 2 at left)

Note these pics were taken from PI second entrance at Suffolk Walk.

^^^^
STST: Tks, great pics.
I owe you a couple of beers for these pics... or champagne if you are also a fellow owner !!

Yes, PI looks great... But those perimeter walls do look odd. Maybe we should complain to Keppel ASAP !!
I think maybe a chocolate brown or very light brown better than this colour !

Road seems closer to building than I thought... I imagined that there were 'acres' of space... with large gardens in between. I'm sure there still is a bit of space, and it may be due to perspective of photos. At least pool area/clubhouse seems private (ie can't see it !!).
Finally does anyone one about the frosted glass still being in place (facing Isetana ??). Some units there look like it is darker on the photos. It was one thing putting me off on that direction.

Top crown looks intersting... all this glass... wonder if there'll be lighting at night.. may make it look great... really should've asked for penthouse !!

visited the site yesterday (20mar08) and took some pictures. when i was there, i saw some of the workers cleaning the inside of the units in a couple of stacks. some stacks' windows still have the blue protective layer intact.

block 2
http://img86.imageshack.us/img86/7113/p1010320sn0.jpg


blocks 6 & 6A - not much difference from the pics last posted by stst
http://img291.imageshack.us/img291/5944/p1010317ou7.jpg


block 2A - with the back of the clubhouse in the foreground (real bad choice of colours for the clubhouse :ohno:)
http://img86.imageshack.us/img86/9485/p1010318iy4.jpg

closer look at top of block 2A
http://img291.imageshack.us/img291/5323/p1010316fc7.jpg


taken from keng lee road, with volcano in the foreground
http://img155.imageshack.us/img155/9601/p1010321rp3.jpg


another view of block 2A, from the junction of keng lee road and lincoln road
http://img155.imageshack.us/img155/8917/p1010334db1.jpg

someone cleaning the inside of one unit
http://img291.imageshack.us/img291/3793/p1010326yk5.jpg


park infinia sign (at lincoln road) is up
http://img86.imageshack.us/img86/1433/p1010335rk2.jpg


entrance with guard house on the right
http://img291.imageshack.us/img291/4818/p1010336vn7.jpg

ground floor area of block 2
http://img87.imageshack.us/img87/7195/p1010331bx3.jpg


lift lobby of one of the stacks in block 2 (most probably stack 02)
http://img87.imageshack.us/img87/9010/p1010333ut2.jpg


circular structure above the basement dropoff
http://img87.imageshack.us/img87/9271/p1010327dr7.jpg

abit of the landscaping (as seen from keng lee road)
http://img147.imageshack.us/img147/6297/p1010329yk0.jpg


closer view of the gym and clubhouse
http://img147.imageshack.us/img147/5539/p1010332ai1.jpg


driveway at the side of block 6A (closest to united square)
http://img147.imageshack.us/img147/9414/p1010342kv0.jpg


side-gate, with steps leading to the driveway in earlier pic
http://img147.imageshack.us/img147/769/p1010341la6.jpg

thanks for the pictures stst and duckweed! donno how u guys got in...:)

@stst, the story i got from a worker regarding when PI will be ready is '3 months'. donno whose story is right ....maybe after the rounds, more works need to be corrected?

Great pics, duckweed, thanks!

toenar, looking at the pics, i dont think they need 3 more months; corrective works is normal but shouldn't take that long.

you are welcome! btw, didn't step in, all pics were taken from outside.

called developer last week and was told all towers will top at the same time, around mid-apr. not sure how true this is.

you are welcome! btw, didn't step in, all pics were taken from outside.

called developer last week and was told all towers will top at the same time, around mid-apr. not sure how true this is.

Great pics and thks for the info. Good to be updated on progress !
:cheers:

called developer last week and was told all towers will top at the same time, around mid-apr. not sure how true this is.


Retrieved the table below from the BCA website; looks like TOP will be for whole estate and prob won't be too long now..

http://farm3.static.flickr.com/2153/2369419860_89073e7dfe_o.jpg

Retrieved the table below from the BCA website; looks like TOP will be for whole estate and prob won't be too long now..

http://farm3.static.flickr.com/2153/2369419860_89073e7dfe_o.jpg


Thx for sharing.

In terms of average turnaround time for TOP application, based on this site, states ard a week. hopefully anyday now...

"
AVERAGE PROCESSING TIMES FOR AUTHORITY APPROVAL (http://zuetech.wordpress.com/2007/06/25/getting-projects-approved-and-completed-on-time-thats-not-a-problem/)

Below are the average processing time for each submission. The average processing time is the average response time of the authorities computed from the date of application (or resubmission) to the date of approval or issuance of written direction, as the case may be.
.
.
TOP/CSC

Authority Approval & Average Processing Time

Advance Booking System for Site Inspection (BCA) - 2 days
CBPU TOP/CSC (CBPU) - 1 week
TFP/FSC - 1 week
NPARKS CSC - 1 week
LTA-VP CSC - 1 week
LTA-RT CSC - 1 week
BCA TOP/CSC - 1 week
"


Maybe can bug the BCA processing officer on status - heh

Record Details :
Plan Reference No: A0478-00001-1998-BP01
Application Type: BCA-TOP-APPLN
Current Status: PROCESSING
Current Status Date / Time: 21/03/2008 00:19:03
Registration Date / Time: 21/03/2008 00:16:23
Processing Officer: TAN ENG HUAT
Telephone No.: 63258635
Email Address: TAN_ENG_HUAT@BCA.GOV.SG

spoke with someone today who is in the priority list for key collection. understand that inspection is completed. if this is indeed the case, the early birds should be getting their keys in a week's time or thereabouts.

as for moi, i will need to wait quite a while since the completion of the sale is around mid-may. no rush... currently spending my time looking around for ID. does anyone have any recommendations?

for those who have a unit here, will you be renting your unit out or planning to stay?

Hi duckweed, where does it say CSC in mid may?

me renting out, for sure...:)

Rent or sell if pricing ok..

good news. think they are repainting the surrounding brick fence. currently white most prob base coat.....

Hi duckweed, where does it say CSC in mid may?

eh.... i was referring to the s&p completion for my unit. csc is typically 1 year after top, i think. i guess i will be amongst the last to collect keys.

good news. think they are repainting the surrounding brick fence. currently white most prob base coat.....
this is indeed good news... wonder what the new colour will be?

TOP granted on 28/3!

http://www.bca.gov.sg/plan_enquiry/ProcessTop.asp?val1=01001&sorted=1

Just went to PI site yesterday night. I don't think they are going to change the fence colour. The orange / ocher colour is still there. However, there are now vertical white lights that are fitted every few meters along the whole stretch of the fence. At night when the white lights are switched on, the whole perimeter fencing actually looks very nice. The white lights complements the orange / ocher fence well.

Another interesting detail I noted is the full glass facade built on the top of every tower. At first I thought those are meant for the pent-houses. But It's not to be. They are actually part of the design. The top glass facade actually illuminates at night! It alternates between blue, green & red colour. When the 4 towers' top glass facades illuminate together, it's quite a sight to behold.

Come to think of it, I think PI is the only condominium with lightings along the fencing & spectacular illuminating glass facade on the top of every towers. Great attention to details from Keppel.

Just got letter from lawyer with copy TOP and request for remittance stamp duty (due next week!). Notice of vacant possession coming later.

called developer. they mentioned that the sequence for key collection will be block 2, followed by block 2A, then 6 and finally 6A. looks like it is going to take a really long time to finish all the units.

they are also currently working on the showflat.

called developer. they mentioned that the sequence for key collection will be block 2, followed by block 2A, then 6 and finally 6A. looks like it is going to take a really long time to finish all the units.



tx, on ave, how long u reckon it'll take.

planning to call my id soon...

Just went to PI site yesterday night. I don't think they are going to change the fence colour. The orange / ocher colour is still there. However, there are now vertical white lights that are fitted every few meters along the whole stretch of the fence. At night when the white lights are switched on, the whole perimeter fencing actually looks very nice. The white lights complements the orange / ocher fence well.

Another interesting detail I noted is the full glass facade built on the top of every tower. At first I thought those are meant for the pent-houses. But It's not to be. They are actually part of the design. The top glass facade actually illuminates at night! It alternates between blue, green & red colour. When the 4 towers' top glass facades illuminate together, it's quite a sight to behold.

Come to think of it, I think PI is the only condominium with lightings along the fencing & spectacular illuminating glass facade on the top of every towers. Great attention to details from Keppel.

drove by today. on top of the lights on top, there are also lights running down some vertical parts of the front facade. interesting... you'd think it's christmas time at park infinia!

tx, on ave, how long u reckon it'll take.

planning to call my id soon...
not too sure. i think block 2 will take at least a month or more. block 2A is likely to start around late may or early jun, according to the lady. not sure about the other 2 blocks, but think they will need to wait quite a while since block 2A is the biggest block.

no harm looking around for your ID now, but guess should only confirm ID after you have collected your keys.

My unit in blk 2, so far have not recd notice to take possession yet...

anybody received notice of v possession yet?

non - u receive izit?

nope. i'm in blk 2A so will be later. just wanted to gauge how much later....

from what i hear, keys are still not distributed yet. fastest should be around late this week. almost there now... for those in blk 2.

from what i hear, keys are still not distributed yet. fastest should be around late this week. almost there now... for those in blk 2.

wouldn't there still be some time (like a week or 2) between notice of vacant possession to receiving keys? or are these 2 steps almost immediate?

so far i've not heard of anyone receiving the notice of v. possession yet. for blk 2A they mentioned likely end of May. really slack

wouldn't there still be some time (like a week or 2) between notice of vacant possession to receiving keys? or are these 2 steps almost immediate?

so far i've not heard of anyone receiving the notice of v. possession yet. for blk 2A they mentioned likely end of May. really slack

you can hasten the process by using CO. read this in both the citylights and seaview threads. this way, should only take a couple of days to get the keys.

going by the fact that gondolas are still hanging way above grounds, don't think they are ready to let pple in yet, so guess that's why they are still not releasing just yet.

they told me end may or early jun for blk 2A. at the rate they are going, i think they are behind schedule already. called again on wed and now they say should be next week for blk 2. the security guards also say the same thing.

latest update:
understand that letters for vacant possession are out. if you are really in a rush, see if you can pick up directly from your lawyer today, settle the miscellaneous payments (via CO) so no need to wait for cheque to clear and should be able to collect keys asap (if not today, at least by early next week).

latest update:
understand that letters for vacant possession are out. if you are really in a rush, see if you can pick up directly from your lawyer today, settle the miscellaneous payments (via CO) so no need to wait for cheque to clear and should be able to collect keys asap (if not today, at least by early next week).

Is this for Block 2 only ?? Will Block 2A be late May still ??
Anyway, appreciate your frequent updates.:cheers:

Hey PI owners/investor...thought I start a discussion/analysis of...
To rent or sale...

Guess with keys coming soon, owners will be considering this question soon.
Briefly, selling now does not seem to be an option for me.. given that the market now means you're likely to get a depressed price, while if I rent out, I'll get a positive carry (ie MUCH more cash in than out for mortgage).

Hence, what are prospect for rental market ??
I've been advised I could get $6-7 psf for my unit rental (guess this is based on nearby units, notably, Residences@Evelyn (the newest nearby).

On trends (notably, thought I post this today following tender of transitional office space on nearby Scotts Road).. Newton appears to be coming up as an alternative office location (albeit temporary and smaller than maybe some others). I'm guessing this will boost demand for nearby accomodation.

Yesterdays auction at Scotts/Anthony road (won by UOB). This is parcel A, with approx 130k sf. Parcel B, also approx same size, is due 30 April.

For owners, should note the previous auction (in August 2007, won by Scotts Spazio) should be complete with Prudential moving in BY September. This yields approx 150k sf of office. I'm guessing 750 workers there (200 sf each ?). Prudential said it would relocate some of its 2500 staff to that location. This 'temporary' 4-storey structure would cost $75m ($37m land cost for 15 years)

So in total, these sites total 410k sf. The last 2 sites should take 1 year to develop (ie May 2009 ?). Maybe 2000 workers in total. Based on size, its not that big, equivalent to a single largish high rise. However, there are also other projects coming up (notably Novena).

If presuming 10% want to live nearby (I think this may be high), that equates to extra demand of 200 units, or maybe at most 75 units for Pru. But I think the main point I'm saying is that those looking to rent their units should at least be aware that Pru is moving in by September, and at least this should help the rental market. And this does not consider that others may want to move in area due to proximity to CBD/OR.

Anyone else with comments on rent/sale ?

latest update:
understand that letters for vacant possession are out. if you are really in a rush, see if you can pick up directly from your lawyer today, settle the miscellaneous payments (via CO) so no need to wait for cheque to clear and should be able to collect keys asap (if not today, at least by early next week).

Thx for the update neighbour. Does that mean you are already holding on to your letter of v. possession for your blk 2A apt now?

anyways, i just checked with my lawyer. havent received squat (am in blk 2A)

I just saw a faxed pile of documents from my lawyer (havn't had time to read thru as am tied up with something else) but essentially contains notice of vacant possession etc and, of course, asking for various payments viz progressive payments, maintenance fees etc...finally!!

MCV 28: I am facing same situation tho I am more inclined to sell (bought unit during early days of launch)> Been asking round selling prices and realistic pricing seems to be floating around S$1450 for units with high floor and excellent orientation; viz facing pool & city etc (unless of course owner desperate!!). Units with poor facings viz facing other condos behind like Linc, Lincoln Modern and low floors going as low as S$1200 psf! For rental, I 've been advised to expect around S$5 to S$5.50 psf which is somewhat lower than yr figure..

forgot to add, my unit in blk 2..

MCV 28: I am facing same situation tho I am more inclined to sell (bought unit during early days of launch)> Been asking round selling prices and realistic pricing seems to be floating around S$1450 for units with high floor and excellent orientation; viz facing pool & city etc (unless of course owner desperate!!). Units with poor facings viz facing other condos behind like Linc, Lincoln Modern and low floors going as low as S$1200 psf! For rental, I 've been advised to expect around S$5 to S$5.50 psf which is somewhat lower than yr figure..

$1200psf seems incredibly low, even if it is a poor unit !
I wonder if that is an agent offering an ultra low price to attract attention only ? It sound a bit like The Sail being offered at $1500psf a month or so ago (these seem to be phantom offers by agents, and haven't seen any transacted at anywhere near this price). Anyway, just had a quick scan on a website on asking prices listed in April... Yes, saw the $1200psf, but that was the only one out of approx 120 listings. Also saw $1250psf, but most seem to be $1300-1400psf (nearer $1400psf), with some on $1600psf.
Looking at transaction prices on URA, lowest is $1315psf, with most at $1400+psf. Admittedly only 3 deals in March only.

However, for rental, I agree that $6-7psf may be high, and your rental figures may be more realistic.. I think becoz ealier comparison I was given was for a large unit at Residence@Evelyn, and with PI topping, there'll be a sudden supply increase.

Either way, I don't think I will be selling in this market. Even at $5psf, I think may rental should exceed mortgage by 50% (even more if you add principal repayment).

I bought 2 units in HK 10months ago, got possession 7 months ago...and waited. Just rented one unit out at 33+% higher than if I did it 6 months ago. Altho property has risen 25-30% (and same with rents), part of it is becoz I waited for others to go first.
Not sure if it was worth waiting that long !! (I had other reasons), but rent should now exceed mortgage by 90% (and 4x more than interest if you include principal repayment).

So I think I'll rent out, and wait a few months by asking $6+psf (hopefully not 7 mths !)...

Thx for the update neighbour. Does that mean you are already holding on to your letter of v. possession for your blk 2A apt now?

anyways, i just checked with my lawyer. havent received squat (am in blk 2A)

sorry for getting back late... had a really busy day. nope, no letter yet for me. mine's 2A, so have to wait like the rest of us. letter is for blk 2 only.

Is this for Block 2 only ?? Will Block 2A be late May still ??
Anyway, appreciate your frequent updates.:cheers:
you are welcome :) blk 2A is either late may or early jun. they cannot confirm timeline as it depends on how blk 2 goes.

I just saw a faxed pile of documents from my lawyer (havn't had time to read thru as am tied up with something else) but essentially contains notice of vacant possession etc and, of course, asking for various payments viz progressive payments, maintenance fees etc...finally!!

MCV 28: I am facing same situation tho I am more inclined to sell (bought unit during early days of launch)> Been asking round selling prices and realistic pricing seems to be floating around S$1450 for units with high floor and excellent orientation; viz facing pool & city etc (unless of course owner desperate!!). Units with poor facings viz facing other condos behind like Linc, Lincoln Modern and low floors going as low as S$1200 psf! For rental, I 've been advised to expect around S$5 to S$5.50 psf which is somewhat lower than yr figure..

congrats, stst, you are one of the earlier ones amongst us to get your keys.

mine's for stay, so have not been bothered with rental psf. definitely don't think PI will achieve $6-$7 given the massive number of units available.

as for sale, i am starting to see more of the desperate sellers bailing out, not just for PI but also for newton suites and residences@evelyn. if this trend holds, i think prices of PI will continue to trend downwards long after TOP.

for those interested, 1200psf is for unit #06-06. stack 6 is quite a bad stack as it is blocked in all directions. not sure if there will be any takers even at this price.

BT had article on UOB Kay Hian said it will use Newton office as HQ for 2500 staff (I guessed 750). Prudential will move 2500 staff also... So adding last temporary site there, will give 7500 staff in moving within a year.
There seems to be a mini-financial hub developing there !!!

So recalculating based on 5% living nearby, gives demand of 375 units. If 10%, 750 units. So if only 6% move nearby, it approximately takes up all the supply in PI (and doesn't consider own use, or medical hub in Novena). I think rentals will hold up OK/very well by end of year. Beyound that, Newton One should come on, and much later others (Allgreen, Novena Suites).

Does anyone know approx vacancy/take up in Residences@Evelyn, NS and Amarllyis Ville ? Is it close to full ?

Hey PI owners/investor...thought I start a discussion/analysis of...
To rent or sale...

Hence, what are prospect for rental market ??
I've been advised I could get $6-7 psf for my unit rental (guess this is based on nearby units, notably, Residences@Evelyn (the newest nearby).

?

I think $6-7 psf is a wee bit on the high side but achievable nonetheless...but i wouldnt use Evelyn as a benchmark coz of its lesser units (am i correct?) and slightly better location. I'm guessing some would go as low as $5.5psf, averaging about $6psf.


On trends (notably, thought I post this today following tender of transitional office space on nearby Scotts Road).. Newton appears to be coming up as an alternative office location (albeit temporary and smaller than maybe some others). I'm guessing this will boost demand for nearby accomodation.

Yesterdays auction at Scotts/Anthony road (won by UOB). This is parcel A, with approx 130k sf. Parcel B, also approx same size, is due 30 April.

For owners, should note the previous auction (in August 2007, won by Scotts Spazio) should be complete with Prudential moving in BY September. This yields approx 150k sf of office. I'm guessing 750 workers there (200 sf each ?). Prudential said it would relocate some of its 2500 staff to that location. This 'temporary' 4-storey structure would cost $75m ($37m land cost for 15 years)

So in total, these sites total 410k sf. The last 2 sites should take 1 year to develop (ie May 2009 ?). Maybe 2000 workers in total. Based on size, its not that big, equivalent to a single largish high rise. However, there are also other projects coming up (notably Novena).
?

looks like youve done your homework...


If presuming 10% want to live nearby (I think this may be high), that equates to extra demand of 200 units, or maybe at most 75 units for Pru. But I think the main point I'm saying is that those looking to rent their units should at least be aware that Pru is moving in by September, and at least this should help the rental market. And this does not consider that others may want to move in area due to proximity to CBD/OR.
?
I think 10% is conservative. More ppl would prefer to live near their workplace as the price of gas increases. In the broad picture, some economists has projected that oil supply will decrease in the future follwing more cars hitting the streets of India and China. This in turn will reduce the number of cars in developed countries...we are seeing that in the US now...many folks are turning to smaller cars.

But PI is just not about newton--novena is/going to be bustling with medical activities and i foresee some of the tenants could be foregin doctors/specialists working nearby. I dont have the figures for these (like what youve done for newton area), but ultimately PI is primed to attract potential tenants from these 2 areas. and timing-wise it appears to be just right to be ahead of other developments within the vicinity. Hey, maybe you'll hit the $6-7psf!:lol:

I just saw a faxed pile of documents from my lawyer (havn't had time to read thru as am tied up with something else) but essentially contains notice of vacant possession etc and, of course, asking for various payments viz progressive payments, maintenance fees etc...finally!!

MCV 28: I am facing same situation tho I am more inclined to sell (bought unit during early days of launch)> Been asking round selling prices and realistic pricing seems to be floating around S$1450 for units with high floor and excellent orientation; viz facing pool & city etc (unless of course owner desperate!!). Units with poor facings viz facing other condos behind like Linc, Lincoln Modern and low floors going as low as S$1200 psf! For rental, I 've been advised to expect around S$5 to S$5.50 psf which is somewhat lower than yr figure..

can i check just how long does it take btw issue of v. possession to receiving keys indicated for your apt? (i.e. date of v.possession letter and date of keys to be disbursed?)

can i check just how long does it take btw issue of v. possession to receiving keys indicated for your apt? (i.e. date of v.possession letter and date of keys to be disbursed?)

Well, letter from lawyer ( dd 24.4.08) indicates that keys will be ready for collection at PI office 4 working days after receipt of outstanding payments (2 working days if payment by Cashier's order). I reckon my keys will be ready prob next week..

Well, letter from lawyer ( dd 24.4.08) indicates that keys will be ready for collection at PI office 4 working days after receipt of outstanding payments (2 working days if payment by Cashier's order). I reckon my keys will be ready prob next week..

Thx bro.

Is the cashier's order route only applicable for payment of o/s balance with own funds? Anyway to pay by cashiers order if payment by cpf and bank loan?

someone i know (in blk 2) is collecting keys tomorrow (ie tue).

Is the cashier's order route only applicable for payment of o/s balance with own funds? Anyway to pay by cashiers order if payment by cpf and bank loan?

yes, CO route more applicable for using own funds for payment of o/s balance.
Don't really know how fast CPF and bank loan can be disbursed. you/your lawyer probably got to chase them really hard. But there are also other payments due like 6 months maintenance fee in advance and survey fee...

someone i know (in blk 2) is collecting keys tomorrow (ie tue).

Wow, he must have really rushed to bank late last week to get the C/Os..

someone i know (in blk 2) is collecting keys tomorrow (ie tue).
House got enbloc? Need a roof above the head?

Keppeland should be marketing their remaining unsold units as well. The selling price will be a benchmark for the owner in PI.

For rental, I reckon it should be around $6psf given Res@Evelyn also rented out around $6psf.

Anyone has any pictures to share? I think PI should be a good investment

just checked with person in charge of the keys distribution. For Blk 2A Stack 5 (mine) she mentioned the letters for v possession will be sent out by end of this week. finally!

House got enbloc? Need a roof above the head?

Keppeland should be marketing their remaining unsold units as well. The selling price will be a benchmark for the owner in PI.

For rental, I reckon it should be around $6psf given Res@Evelyn also rented out around $6psf.

yup, their place enbloc'd already. do you know if keppelland will be marketing their remaining units any time soon?

just checked with person in charge of the keys distribution. For Blk 2A Stack 5 (mine) she mentioned the letters for v possession will be sent out by end of this week. finally!
wow! that's really good news for you.

i have not seen the units yet, but was told the place is really quite small. i think i am going to have difficulty adjusting. does anyone have any good ideas as to how we can generate more storage space?

yes, CO route more applicable for using own funds for payment of o/s balance.
Don't really know how fast CPF and bank loan can be disbursed. you/your lawyer probably got to chase them really hard. But there are also other payments due like 6 months maintenance fee in advance and survey fee...
in the case i highlighted, they are on progressive payment. they just had to pay the miscellaneous stuff (maintenance, survey fee, anything else?) via cheque and leave the bank to disburse the TOP payment. they got letter last fri, popped by PI with cheque on that day itself and got their keys the following tue (ie today). they could have gotten the keys faster if they had given a CO.

in the case i highlighted, they are on progressive payment. they just had to pay the miscellaneous stuff (maintenance, survey fee, anything else?) via cheque and leave the bank to disburse the TOP payment. they got letter last fri, popped by PI with cheque on that day itself and got their keys the following tue (ie today). they could have gotten the keys faster if they had given a CO.

Man, that's super quick. u mean if they had gone to bank and got a CO for the misc charges and left the rest to bank and CPF to disburse the rest, they could have gotten the keys on fri itself? cool

yup, their place enbloc'd already. do you know if keppelland will be marketing their remaining units any time soon?

Just called the hot line listed on the Park Infinia website and was told that the relaunch won't start any time soon. They even refuse to send me a copy of the brochure.

Just called the hot line listed on the Park Infinia website and was told that the relaunch won't start any time soon. They even refuse to send me a copy of the brochure.

can visit their website (http://www.parkinfinia.com.sg/) for the online brochure that even comes with floorplans

can visit their website (http://www.parkinfinia.com.sg/) for the online brochure that even comes with floorplans
I was trying to match the floor plans with stacks but couldn't find any information on its website. Do you have the details? Thanks.

yup, their place enbloc'd already. do you know if keppelland will be marketing their remaining units any time soon?Not so soon. Like The Tresor, need to do up the showflat first.

Not so soon. Like The Tresor, need to do up the showflat first.

I thought they had an actual apt in blk 2 made into a showflat a few months back when they relaunched the sale. perhaps that unit has been sold?

I was trying to match the floor plans with stacks but couldn't find any information on its website. Do you have the details? Thanks.

sorry, dont have the brochure handy with me at the moment. maybe one of the bros here can upload for you.

I was trying to match the floor plans with stacks but couldn't find any information on its website. Do you have the details? Thanks.
Stack Type
01 C4
02 C5
03 C6
04 B3
05 C3
06 C2
07 B2
08 C1
09 B1
10 D1
11 D2
12 C8
13 B6
14 C7
15 B4
16 B5
17 A2

I thought they had an actual apt in blk 2 made into a showflat a few months back when they relaunched the sale. perhaps that unit has been sold?
buyers would prefer to see the actual unit now that it has TOP.:)

Stack Type
01 C4
02 C5
03 C6
04 B3
05 C3
06 C2
07 B2
08 C1
09 B1
10 D1
11 D2
12 C8
13 B6
14 C7
15 B4
16 B5
17 A2

Thanks, Arthur.

I thought they had an actual apt in blk 2 made into a showflat a few months back when they relaunched the sale. perhaps that unit has been sold?
latest. that showflat sold. new showflat will be at stack 15 and 17.

latest. that showflat sold. new showflat will be at stack 15 and 17.

Hi Arthur, any news yet of their asking prices ?

latest. that showflat sold. new showflat will be at stack 15 and 17.

i think the previous showflat was #02-03 (i didn't visit it though). heard from the security guards that it was dismantled a week or 2 back. if you visit the site, you can see that this unit still has grey coloured walls.

sigh... i was hoping the new showflat will be a 3bedder.

I was trying to match the floor plans with stacks but couldn't find any information on its website. Do you have the details? Thanks.

if you cannot find the layout that is of interest to you, i'll see if i can help upload it. but i have to say that the layouts i have are mostly the 3br ones.

Man, that's super quick. u mean if they had gone to bank and got a CO for the misc charges and left the rest to bank and CPF to disburse the rest, they could have gotten the keys on fri itself? cool
not sure if they could have gotten the keys on fri, but it'll definitely be faster than issuing cheque.

btw, i called the hotline today and was told i'll only get my keys in mid-jun. what a long wait.

if you cannot find the layout that is of interest to you, i'll see if i can help upload it. but i have to say that the layouts i have are mostly the 3br ones.
i think i have done that. The floorplan didnt have the stack number.:cheers:

Lucida at Suffolk rd next to PI launched at 1500 to 1800 psf ..would be interesting to see how much Viva by Allgreen launches at.

Lucida at Suffolk rd next to PI launched at 1500 to 1800 psf ..would be interesting to see how much Viva by Allgreen launches at.

Shouldn't this set a floor of 1500 for PI ? (presuming 1500psf is for lowish floor unit ?). Can't comment on quality, but at least location, freehold.. being the same.

Has development been sold before (ie this is not relaunch ??)

For rental, I reckon it should be around $6psf given Res@Evelyn also rented out around $6psf.

Arthur.. any idea about occupancy of nearby devs / SG generally ?
eg Res, Amaryllis, NS esp ?

Shouldn't this set a floor of 1500 for PI ? (presuming 1500psf is for lowish floor unit ?). Can't comment on quality, but at least location, freehold.. being the same.

Has development been sold before (ie this is not relaunch ??)private preview. Detail of Lucida can be found inside my website: www.arthurkwok.com

Arthur.. any idea about occupancy of nearby devs / SG generally ?
eg Res, Amaryllis, NS esp ?
think must compare new developement like Res@Eve and Newton Suites.

Res@Evelyn: around 3~4 units of 3Bedroom (1539sqft) for rental at $8,200~10,000/mth.
Around 2 units of 2Bedroom (1033~1109sqft) for rental at $6,000/mth.
No 4Bedroom for rental.

Newton Suites: around 3~4 units of 2Bedroom (797sqft) for rental at $6,000/mth
Around 2 units of 3bedroom (1238sqft) for rental at $7,800~9,000/mth.

Tks Arthur.. knew I could rely on you !!
So Res@Eve 208 units + NS 118 units... Total 10-12 units.. Not many !!
And NS not bad since TOP not long ago...

Of course PI will bring a lot of supply.. But at least existing market is very tight ! No 4 beds !!!

think must compare new developement like Res@Eve and Newton Suites.

Res@Evelyn: around 3~4 units of 3Bedroom (1539sqft) for rental at $8,200~10,000/mth.
Around 2 units of 2Bedroom (1033~1109sqft) for rental at $6,000/mth.
No 4Bedroom for rental.

Newton Suites: around 3~4 units of 2Bedroom (797sqft) for rental at $6,000/mth
Around 2 units of 3bedroom (1238sqft) for rental at $7,800~9,000/mth.

private preview. Detail of Lucida can be found inside my website: www.arthurkwok.com

hi arthur,
i see a unit at residences@evelyn in ura caveat at $1530psf. this should be a pretty low price isn't it? is it a low floor unit with bad facing? thanks.

btw, i visited the lucida showflat earlier this week. saw the ads in the papers and dropped by after visiting PI.

hi arthur,
i see a unit at residences@evelyn in ura caveat at $1530psf. this should be a pretty low price isn't it? is it a low floor unit with bad facing? thanks.

btw, i visited the lucida showflat earlier this week. saw the ads in the papers and dropped by after visiting PI.#21-07. my client bought it, facing is istana. there is another unit bought by my client at $1500+psf also.

what do u think of lucida?

Was at lucida last few days too. Suffolk area will be crowded with PI, etc. But the area is very popular with expats.

just checked with person in charge of the keys distribution. For Blk 2A Stack 5 (mine) she mentioned the letters for v possession will be sent out by end of this week. finally!

Lawyers called yesterday to inform receipt of notice of v.possession. however becos am drawing from cpf/bank loan, reckons it'll take longer (next fri) before i can smell the keys. *sigh*

attached with my letter was a list of apts (from stacks 4 - 10, floors 6-9) completed as of 21-apr that they are most prob clearing from blk 2A. (most prob a truncated list)

I also enquired with Keppel/PI whether able to collect keys early if present CO directly to them for the misc charges but they said need all disbursements from CPF and Bank to all clear first before we can get keys. Also no way that they will allow us interim access to bring contractors in to do measurements before getting keys.

likely ETA to be next fri. *sigh* waste of 1 week lead time

Interesting bits of info on Novena area in today's BT:

JLL re-entering housing project sales business

By KALPANA RASHIWALA

JONES Lang LaSalle (JLL) is poised to re-enter the Singapore residential project sales business after a hiatus of about seven years.

It has clinched appointments to market Floridian, a 336-unit freehold condo development in Bukit Timah by Far East Organization and Wing Tai Holdings, as well as Lippo's Centennia Suites at Kim Seng Road.

It is also marketing 34 units at the completed 99-year leasehold Amaryllis Ville condo in the Newton area on behalf of Goodearth Hotel group of Australia. Goodearth - controlled by the family of the late Teo Lay Swee, who used to own the Cockpit Hotel site - bought the 34 units from the project's developer, Wing Tai, about two years ago and is expected to sell the units for about $1,500 per square foot (psf).


Re: Master Plan 2008

URBAN Redevelopment Authority's Master Plan 2008 - which will be exhibited soon - will see changes in land use and increases in plot ratios, but these will be selective and focused on growth areas, rather than a widespread upgrade in densities, DBS Vickers Securities said in a report dated yesterday.

The strategic initiatives from the Master Plan will filter down to improved growth fundamentals for various economic sectors. While the property sector will be a key and obvious beneficiary, also standing to benefit from the strategic outline are the hotels, aerospace, healthcare, transport and construction sectors, the report said.

For the healthcare sector, DBS Vickers sees a medical hub developing around the Novena area and 'we could see rezoning of land parcels in this area to facilitate the development of this medical hub'.

'We expect much of the key significant land use and plot ratio changes to be concentrated in certain strategic areas - Seletar (aerospace industrial use), Jurong (new regional centre), Paya Lebar (commercial hub near city fringe), Marina Bay (white sites and residential), Novena (medical and healthcare), Kallang Basin (residential) and Ophir-Rochor (mixed development).

#21-07. my client bought it, facing is istana. there is another unit bought by my client at $1500+psf also.

what do u think of lucida?
i think i viewed #23-07 some time back. not too familiar, but i thought 07 has a good view of bukit timah hill?

as for lucida, i recall being impressed with the size of the bathrooms. kinda like the tiles too. however, never liked developments with small plots.

forgot to mention that i visited a friend's unit in stack 1. pretty good views, and very windy. will post some pics of the views when i find some time. i didn't have much time to inspect the unit carefully, but think there are no major defects. quality seems ok.

i think i viewed #23-07 some time back. not too familiar, but i thought 07 has a good view of bukit timah hill?

as for lucida, i recall being impressed with the size of the bathrooms. kinda like the tiles too. however, never liked developments with small plots.
stack 07 not bad.

i only like lucida finishing:)

views from PI stack01 taken on 3May08:

http://img262.imageshack.us/img262/8440/p1010355qs7.jpg


http://img262.imageshack.us/img262/5742/p1010348ar5.jpg


http://img208.imageshack.us/img208/9219/p1010356av6.jpg


http://img262.imageshack.us/img262/5616/p1010357yc5.jpg


http://img208.imageshack.us/img208/741/p1010352od8.jpg

hope they'll do something about the bald patches on the lawn, and the whole place could do with more trees
http://img262.imageshack.us/img262/5629/p1010353vv6.jpg


glimpses of the gym & equipment
http://img208.imageshack.us/img208/3518/p1010364ht4.jpg


http://img208.imageshack.us/img208/4185/p1010365rs6.jpg


function room next to gym
http://img262.imageshack.us/img262/7470/p1010372kg4.jpg


view towards the spa area of PI (more green here)
http://img208.imageshack.us/img208/1679/p1010368rk7.jpg


aquagym equipment and BBQ pavillion in the background
http://img208.imageshack.us/img208/8933/p1010376dp6.jpg

very nice pictures:)

thanks for the excellent photos.

looking at the 1st one, wonder if the the two allgreen towers will block views of blk 6 and 6a. :p

Collected my keys today..understand that only about 20 units have collected keys up to now. Their schedule for keys collection stretches all the way to June!

The location for keys collection at basement of Tower 2 looked rundown and shabby..when asked for feedback by the customer focus officers, I told them the place looked like a warehouse/industrial canteen..:ohno:

Finish Quality of unit: Wall rendering outstanding, walls plastering & painting straight and true-no problems.
Marble floor good except for 2 small pits..
Knotholes and cracks found in bedroom parquet flooring, kitchen counter cracked, scratches on kitchen stainless steel panel wall. Some bathroom tiles cracked.

Overall quality is good. Free utilities (power & water) for a week.

Will have to go back and note down for defect liability report (thru online portal).

As pics from Duckweed shows: landscaping quite sparse, hope they improve on this..

views from PI stack01 taken on 3May08:



Thx heaps for the pics. nicely taken :>

Also thx fm HK for pics...
Looks like very high floor unit you have (25+).... :)
Nice views from up there !

thanks for the excellent photos.

looking at the 1st one, wonder if the the two allgreen towers will block views of blk 6 and 6a. :p

if you take a look at this map (from rednano.sg), and assuming what we see is correct, the severity of the blockage will be restricted to the left, and the impact should not be much. we can also see that stack 3's orchard view will be affected once miro comes up.
http://img119.imageshack.us/img119/8790/vivaplotrv0.jpg

Also thx fm HK for pics...
Looks like very high floor unit you have (25+).... :)
Nice views from up there !
yes, it's above 25th, but unit's not mine.

Have also got letter to pay fees a few days ago...
Looks like I should be seeing unit in a weeks time or so..

Anyone got comments about development ? Main comment so far is about lack of trees (not surprising... guess new so takes time). But what about clubhouse ? What's the best and worst bits of PI ?

Have also got letter to pay fees a few days ago...
Looks like I should be seeing unit in a weeks time or so..

Anyone got comments about development ? Main comment so far is about lack of trees (not surprising... guess new so takes time). But what about clubhouse ? What's the best and worst bits of PI ?

Congratulation! It is a grat location. I use to have a unit in Olivio in Surrey Road a few years back but got enbloc.

In Singapore only Singapore National Park Authority got mature trees, developer need to buy young trees and grow them slowly. If you have mature tree it must be already been in the land for a long time.

Nice place you have collected.:)

Congratulation! It is a grat location. I use to have a unit in Olivio in Surrey Road a few years back but got enbloc.

In Singapore only Singapore National Park Authority got mature trees, developer need to buy young trees and grow them slowly. If you have mature tree it must be already been in the land for a long time.

Nice place you have collected.:)

Tks !!
However, wish I could've come in earlier, and maybe get a penthouse !!
Due to HSBC being very slow with mortgage refi, lost 3-4 months, prices shot up 15+% (and missed profit much more as 15% then is much more now). Maybe missed out on 100% gain coz of them, easily $200+k..
So learning experience....but can't grumble as still a good gain...

Have also got letter to pay fees a few days ago...
Looks like I should be seeing unit in a weeks time or so..

Anyone got comments about development ? Main comment so far is about lack of trees (not surprising... guess new so takes time). But what about clubhouse ? What's the best and worst bits of PI ?
congrats! do post pics of the place!!!

based on the little i have seen thus far, my views.....

good bits:
location is generally good. simply love the idea of having 2 ways to get in and out of the place. gym is of good size (i think... i'm not a gym user), so is the function room (which can be sub-divided). car park is generally spacious... and pretty bright and airy, especially the area where the round fountain is. lots of open space for kids to roam (main reason why i chose PI) without too much water features to worry about.


not so good bits:
general lack of trees.... i don't think it's a case of inmature trees. as for clubhouse, i am not sure what's a dance studio there for? how it is supposed to be used? also, i find the av room way too small! the open area above the clubhouse is not meant to be used. i hope that can change over time. i am not too happy with the bbq pavillion (just 2 pits for all 486 households to share????) and lousy dining area. as for the lift lobbies (ground floor and carpark), i wish they can be enclosed and air-conditioned. i dread the idea of the lobbies (especially the ground floor ones) being drenched with water during thunderstorms. the volcano seems somewhat 'wasted'. most units either get E or W sun or both... why in the whole world aren't the towers designed to be NS facing????

for those who have collected keys, pls share pics and also quality of workmanship. i have to wait till mid-jun *sigh*

Anyone got comments about development ? Main comment so far is about lack of trees (not surprising... guess new so takes time). But what about clubhouse ? What's the best and worst bits of PI ?

for those who have collected keys, pls share pics and also quality of workmanship. i have to wait till mid-jun *sigh*

My comments on what i have seen so far:

Outstanding location as very near to United Square/Novena Sq hence food , supermart etc not a problem. And of course, Novena MRT station. There is a keycard operated pedestrian gate at back of development which leads directly to United Square.

I am starting to see more greenery now, probably planted past few days; also it seems that trees now being planted in previous open lawn areas which is good..pool and gym looks nice but gym still not operational. Was walking around the development this afternoon and it was windy and cool. Some agents are around to try their luck.

Rooms are smallish in size. Quality of finishes looked pretty good. Good cross ventilation thru unit. Defects report is done online and response is fast.

Some pics of my unit follows:
view toward rear sliding doors
http://farm3.static.flickr.com/2072/2475140033_6493c379ce_b.jpg

view of living area
http://farm4.static.flickr.com/3150/2475960504_4f3aa317e0_b.jpg

another view of dining area
http://farm4.static.flickr.com/3140/2475150983_0313ecc1fd_b.jpg

Amaryllis View from rear slding doors
http://farm3.static.flickr.com/2207/2475141611_3dfe255c1c_b.jpg

View of pool from front of unit
http://farm4.static.flickr.com/3231/2501461689_7f4c3ffdf0_b.jpg

Gym, clubhouse, tennis courts & rear entrance
http://farm4.static.flickr.com/3004/2502301238_d57230190a_b.jpg

kitchen
http://farm3.static.flickr.com/2038/2475965930_6113eab760_b.jpg

master bedroom
http://farm3.static.flickr.com/2420/2475963168_0e42504828_b.jpg

bathroom attached to M bedroom
http://farm4.static.flickr.com/3033/2475146997_aba0ed075f_b.jpg

private enclosed lift area
http://farm3.static.flickr.com/2412/2475151991_4440b80d86_b.jpg

nice apt.

For the kitchen, good to peel off the plastic protector covering the metal wall - we found some big black printed (like dot-matrix) codes and words like 'JAPAN' on it. they needed to scrub heaps of alcohol on it to remove (but even now, there is still impressions on it). Actually good to remove all covering to identify all scratches on cooker and oven before reno starts (or risk disputes later). the mgtm office together with the contractor would go around pasting masking tape on all defect areas before your reno starts.

My comments on what i have seen so far:

Outstanding location as very near to United Square/Novena Sq hence food , supermart etc not a problem. And of course, Novena MRT station. There is a keycard operated pedestrian gate at back of development which leads directly to United Square.



Hi STST, many thanks for sharing. The pics are very useful. I have a couple of questions:

-May I know which block/tower is closest to the pedestrian gate leading to United Square?

-Which block or floors would normally have sandblasted glass (to block istana view)?

For the owners, what do you plan to do with the planters? I would have preferred a standard balcony, but you may have some nice ideas what to do with these.

Thanks!

nice apt.

For the kitchen, good to peel off the plastic protector covering the metal wall - we found some big black printed (like dot-matrix) codes and words like 'JAPAN' on it. they needed to scrub heaps of alcohol on it to remove (but even now, there is still impressions on it). Actually good to remove all covering to identify all scratches on cooker and oven before reno starts (or risk disputes later). the mgtm office together with the contractor would go around pasting masking tape on all defect areas before your reno starts.

Use WD40. Alcohol may leave a mark.

http://farm3.static.flickr.com/2072/2475140033_6493c379ce_b.jpg

view of living area
http://farm4.static.flickr.com/3150/2475960504_4f3aa317e0_b.jpg

another view of dining area
http://farm4.static.flickr.com/3140/2475150983_0313ecc1fd_b.jpg

Floor is beautiful. Nice and simple.

Dining area very close to neighbour, your neighbour can see what you have for dinner.

Is that Miro (Far East) finally under construction ??? (picture of view to Amaryllis above ?). Always thought Allgreen Viva would come first

Is that Miro (Far East) finally under construction ??? (picture of view to Amaryllis above ?). Always thought Allgreen Viva would come first
look like showflat structure to me....

look like showflat structure to me....

Yes, agree.. but is it the showflat for Miro ?? The site looks like it is Miro's

Yes, agree.. but is it the showflat for Miro ?? The site looks like it is Miro's
yes, is miro

Is that Miro (Far East) finally under construction ??? (picture of view to Amaryllis above ?). Always thought Allgreen Viva would come first

actually there are 2 plots of land. the miro one is in front of this other plot in pic housing the showroom. I had thought that this showroom is meant more for the adjacent plot at kampong java side....cant be sure though

May I know which block/tower is closest to the pedestrian gate leading to United Square?

-Which block or floors would normally have sandblasted glass (to block istana view)?


Tower 6A is nearest to the gate; I dont know of any block/stack which has frosted glass, it was supposed to be stack 2 but apparently developer managed to get clearance to install normal glass.

For the kitchen, good to peel off the plastic protector covering the metal wall - we found some big black printed (like dot-matrix) codes and words like 'JAPAN' on it. they needed to scrub heaps of alcohol on it to remove (but even now, there is still impressions on it). Actually good to remove all covering to identify all scratches on cooker and oven before reno starts (or risk disputes later). the mgtm office together with the contractor would go around pasting masking tape on all defect areas before your reno starts.

Actually took off plastic after taking pics; saw scratches and also the "dotmatrix" words you mentioned-defects for rectification! Thanks!

As for Miro site, from the signs put up, I think it belongs to Sim Lian Grp and no longer FE..

Tower 6A is nearest to the gate; I dont know of any block/stack which has frosted glass, it was supposed to be stack 2 but apparently developer managed to get clearance to install normal glass.



Actually took off plastic after taking pics; saw scratches and also the "dotmatrix" words you mentioned-defects for rectification! Thanks!

As for Miro site, from the signs put up, I think it belongs to Sim Lian Grp and no longer FE..
think sim lian group rent the land from far east. they have a new project at surrey road name 'the lincoln resdiences'

Tower 6A is nearest to the gate; I dont know of any block/stack which has frosted glass, it was supposed to be stack 2 but apparently developer managed to get clearance to install normal glass.


Appreciate the info, thanks.

think sim lian group rent the land from far east. they have a new project at surrey road name 'the lincoln resdiences'far east still has miro. 'the lincoln residences' showflat is at actual site. this is another new site for sim lian for the old keng lee court.

taken on 7may08. the plot closer to PI is miro and the one with the showflat structure is the sim lian plot.

http://img225.imageshack.us/img225/464/p1010379kr9.jpg

as for viva, understand from KF agent that the launch has been postponed to next year.

thanks, stst, for the pics! agree that the rooms are really small! from the pics, the living and dining look pretty small too. heard that >100 units have collected keys and some have already shifted in. that's fast!

does anyone know if the yard areas will provide sufficient space for drying clothes?

twinstar633,
all units have clear windows now. prior to getting approval, i think stacks 2, 3 and 8 had the frosted issue. as for the planters, i believe most will be decking them with chengai wood. i have no idea what else to do with them. anyone else have any other bright ideas?

Amaryllis View from rear slding doors
http://farm3.static.flickr.com/2207/2475141611_3dfe255c1c_b.jpg


in this pic, one can see the following:
1. scotts highpark reaching a pretty high floor now
2. newton one rising slightly above ground. now should be around 6th or higher floor
3. elmira heights draped in green getting ready to be demolished

here's a different view of blk 2A:
http://img180.imageshack.us/img180/660/p1010396xv3.jpg

^^
Is it only Block 2 that has commenced the unit turnover process? What about the other blocks?

On the chingai wood to level the balcony area, makes sense, would have been better if this was built in already. I guess there are some who may prefer the sunken planters area - can be exotic looking if done properly but may not be so practical for majority.

^^
Is it only Block 2 that has commenced the unit turnover process? What about the other blocks?

On the chingai wood to level the balcony area, makes sense, would have been better if this was built in already. I guess there are some who may prefer the sunken planters area - can be exotic looking if done properly but may not be so practical for majority.

Anybody has any pictures to share on how to do up the planters? Thanks in advance!:)

Anybody has any pictures to share on how to do up the planters? Thanks in advance!:)

can check out www.goodhill.com for timber wood decking. $500 to $1000. I love it.

can check out www.goodhill.com for timber wood decking. $500 to $1000. I love it.

Thanks! This is really useful info.

can check out www.goodhill.com for timber wood decking. $500 to $1000. I love it.

Thanks and may i know if you were quoted this price to deck your planter depending on the choice of timber?

I actually started a MO for decking but mgmt office at PI say decking planter is not allowed (this was mentioned by goodhill as well)

maybe becos the balcony barrier too low? not sure, should have aslked for the reason. maybe someone else can confirm on this

Thanks and may i know if you were quoted this price to deck your planter depending on the choice of timber?

There is only 1 type of wood but you can choose the 'bumpy' sort or flat type. bumpy slightly more ex. then there is area. What I did is deck in the middle, leave gaps on both sides to fit in planterboxes so I got a tree on each side but you don't see ugly pot. like 2 sunken planterbox.

Oh, i am not staying at PI tho. mine is at serangoon. place is 4 year old so by then you can do what you feel like. most use it to air laundry. Not a pleasant sight but i guess you can't do much about it.

can check out www.goodhill.com for timber wood decking. $500 to $1000. I love it.

Thanks and may i know if you were quoted this price to deck your planter depending on the choice of timber?

Thanks and may i know if you were quoted this price to deck your planter depending on the choice of timber?

I paid $620 for the whole thing. I can't remember how many sq ft. But i got the bumpy type of wood.

I think Keppel could have done much much more with the land size they have.

1. Why did they build 2 playgrounds and 2 fitness corner? I think 1 each is sufficient. The space for the extra playground & fitness corner could be used for other facilities like eg, putting green & foot reflexology path.

2. The volcano island is really a big waste of space. I went inside the 'island' & found nothing inside. It seems to be more like a rain shelter to me. Could be replaced with another BBQ pavilion that houses 2 extra BBQ pits. A total of 4 BBQ pits sounds at least more acceptable for 486 units.

3. The extra guard house at Suffolk Walk takes up a lot of space. To have a guard house there means they have to sacrifice space to build road leading to the entrance. Thay also have to build the entrance/exit ramp in the car park. The extra guard house is meant for easy access to Thomson Rd. But given that Lincoln Rd is also very accessable to Thomson Rd (either via Keng Lee Rd or Khiang Guan Ave), the extra guard house is really not worth the space allocated for it. Imagine how nice it would be if instead, they were to use the space to build a multi-purpose hall there, that houses squash court, badminton court & table tennis table? Or maybe even a 2-lane bowling alley?

4. The jungle spa. Why did they build such a large platform there? Do they really think that residents will employ masseurs to massage them at the platform? Thay should have used the space to expand the changing room to include the steam bath & suana to have the 'complete spa experience'.

5. The open terrace on top of the club house could be utilised as an alfresco place. Chairs & tables should be placed there.

6. There are as many as 6 seperate rooms in the club house. Instead of wasting it on ambiguous dance studio or music room, they could have added more sociable theme like a games room which may have eg a pools table, carrom etc.

Really hope that Keppel or the future management commitee will take note of these feedbacks, & implement them. Then PI will really be complete.

^^
Is it only Block 2 that has commenced the unit turnover process? What about the other blocks?

On the chingai wood to level the balcony area, makes sense, would have been better if this was built in already. I guess there are some who may prefer the sunken planters area - can be exotic looking if done properly but may not be so practical for majority.

i think all blocks have started. i last called the CFU last week and they said that they are now going based on floors ie the lower floors will get their keys 1st.

I think Keppel could have done much much more with the land size they have.

1. Why did they build 2 playgrounds and 2 fitness corner? I think 1 each is sufficient. The space for the extra playground & fitness corner could be used for other facilities like eg, putting green & foot reflexology path.

2. The volcano island is really a big waste of space. I went inside the 'island' & found nothing inside. It seems to be more like a rain shelter to me. Could be replaced with another BBQ pavilion that houses 2 extra BBQ pits. A total of 4 BBQ pits sounds at least more acceptable for 486 units.

3. The extra guard house at Suffolk Walk takes up a lot of space. To have a guard house there means they have to sacrifice space to build road leading to the entrance. Thay also have to build the entrance/exit ramp in the car park. The extra guard house is meant for easy access to Thomson Rd. But given that Lincoln Rd is also very accessable to Thomson Rd (either via Keng Lee Rd or Khiang Guan Ave), the extra guard house is really not worth the space allocated for it. Imagine how nice it would be if instead, they were to use the space to build a multi-purpose hall there, that houses squash court, badminton court & table tennis table? Or maybe even a 2-lane bowling alley?

4. The jungle spa. Why did they build such a large platform there? Do they really think that residents will employ masseurs to massage them at the platform? Thay should have used the space to expand the changing room to include the steam bath & suana to have the 'complete spa experience'.

5. The open terrace on top of the club house could be utilised as an alfresco place. Chairs & tables should be placed there.

6. There are as many as 6 seperate rooms in the club house. Instead of wasting it on ambiguous dance studio or music room, they could have added more sociable theme like a games room which may have eg a pools table, carrom etc.

Really hope that Keppel or the future management commitee will take note of these feedbacks, & implement them. Then PI will really be complete.

hi tkw,
agree with most of your comments... i hope that something will be done about them. not too keen on the bowling alleys though as i am afraid maintenance costs will shoot up. as it is, i find the costs to be rather high considering there are close to 500 units in this devt and we are not having that much facilities to shout about.

however, i still prefer the 2 entrance/exit option as i have concerns about the narrowness of lincoln road and am worried about having to line up just to get into the development.

hello, everyone, looking to buy the 2000 sf 4 bdrom at 1250 dollar level, PM if interested

hello, everyone, looking to buy the 2000 sf 4 bdrom at 1250 dollar level, PM if interested

see floor plans

http://www.parkinfinia.com.sg/fp_display.asp?varAlt=Type+D1+&varImg=img%2Ffp%2FD1%2Egif

I went to friend's Park Infinia today. Overall, I felthe exterior had plenty of spaces in between the quad towers. Club house was huge and there were plenty of gym equipment. There was also a nice long swimming pool with aqua gym facilities. :D

Doube post.

hello, everyone, looking to buy the 2000 sf 4 bdrom at 1250 dollar level, PM if interested

Keppel Land plan to clear their units in 2H08. In their SGX annc.

Bigbird buying?

Bigbird buying?

No la.

has anyone moved in yet? can the fireworks be seen from PI?

how is the daytime noise level from all the piling in the developments surrounding PI?

i m a owner of a brand new 2+1 uint in 2A, i just got the key one month ago, i d like to rent out my unit at 4.8k, if anyone is interested, pls call 92257582

What is the actual size in sqft? which stack and roughly which floor hah?

i m a owner of a brand new 2+1 uint in 2A, i just got the key one month ago, i d like to rent out my unit at 4.8k, if anyone is interested, pls call 92257582

i think 2+study is 1130sq ft stack 4. if you do a search for the phone no., its actually an agent's phone number though. probably not the true owner.

i think 4.8k is too high. current market probably below 4.5k.



What is the actual size in sqft? which stack and roughly which floor hah?

Yap, $4.8k pm means $4.25 psf pm - This is Orchard Road condos' rate already lah!

i think 2+study is 1130sq ft stack 4. if you do a search for the phone no., its actually an agent's phone number though. probably not the true owner.

i think 4.8k is too high. current market probably below 4.5k.

Heard that Park Infinia has not received CSC (certificate of statutory completion) yet despite having TOP for more than 1 year. Anybody know what is the reason that causes BCA not to issue CSC to PI? As far as I know, developers will usually rush to get CSC within half a year after TOP so that they can collect the remaining 15% payment as soon as possible. I have a feeling something is holding back (some structural or whatever problems with the estate?).

Guess this is good for the owners who took loans - means they only disbursed 85% of the loans too to date.

One unit at Park Infinia at Wee Nam was transacted at $1,710 psf on 12th February this year.

Will there be a $1,750 psf caveat soon?

Hi, Anyone still happens to keep the brochure (hardcopy/e-brochure) of this project? I've checked with the developer and apparently, they don't have it anymore. Let me know of you've any to share.

I need the elevation plan & all the floor plans & specifications

Thanks in advance :)

Hi, Anyone still happens to keep the brochure (hardcopy/e-brochure) of this project? I've checked with the developer and apparently, they don't have it anymore. Let me know of you've any to share.

I need the elevation plan & all the floor plans & specifications

Thanks in advance :)

check out the links for floor plans and site plan
http://www.singaporeexpats.com/housing-in-singapore/singapore-property/floor-plan-PARK-INFINIA-@-WEE-NAM.htm
http://www.singaporeexpats.com/housing-in-singapore/singapore-property/site-plan-PARK-INFINIA-@-WEE-NAM.htm