View Full Version : D5 | The Rochester (38 floors, 368 units)


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CT
March 19th, 2007, 09:31 PM
Here's the new thread for One Rochester...as what PrecisionDrive has suggested...:)

Taken from: www.nationproperty.com.sg/
One Rochester to be launched in April 2007

14 Mar


In the pipeline at One-North, Singapore’s version of Silicon Valley, is the 368-unit One Rochester, which is part of a public-private partnership (PPP) project between UE Engineers and JTC Corporation. The launch date is tentatively fixed at mid-April.

The condo is part of a mixed development that includes a block of about 300 hotel rooms and service apartments, and a retail podium with about 100,000 sq ft of space.

The hotel rooms, service apartments and shops are only for lease.

The residential project is near to the wooded Rochester Park, which is billed as an F&B hub in the western region of Singapore.

In line with the ‘inclusive style’ of the design of the larger One-North, the entire mixed development project will have no fencing or boundary walls to keep out visitors. The project is designed by Japanese architect Tange & Associates who designed UE Square in the 90s.

With the success of One-North Residences, One Rochester is very likely to be launched at above $800 psf.

PrecisionDrive
March 20th, 2007, 03:26 AM
Here's the new thread for One Rochester...as what PrecisionDrive has suggested...:)

Taken from: www.nationproperty.com.sg/
One Rochester to be launched in April 2007

14 Mar

In the pipeline at One-North, .......... One Rochester is very likely to be launched at above $800 psf.


Thanks. :)

CT
March 20th, 2007, 07:01 PM
Thanks. :)

Nah, don't mention it. I was thinking...if this pjt is open to visitors, does it mean thr's no guard post?

robinsonscentrepoint
March 21st, 2007, 12:37 PM
There will be guard post as well as security devices for all residential parts of the complex.

Like The Pier @ Robertson. And UE Square.

Icez
March 21st, 2007, 04:53 PM
Here's the new thread for One Rochester...as what PrecisionDrive has suggested...:)

Taken from: www.nationproperty.com.sg/
One Rochester to be launched in April 2007

14 Mar


In the pipeline at One-North, Singapore’s version of Silicon Valley, is the 368-unit One Rochester, which is part of a public-private partnership (PPP) project between UE Engineers and JTC Corporation. The launch date is tentatively fixed at mid-April.

The condo is part of a mixed development that includes a block of about 300 hotel rooms and service apartments, and a retail podium with about 100,000 sq ft of space.

The hotel rooms, service apartments and shops are only for lease.

The residential project is near to the wooded Rochester Park, which is billed as an F&B hub in the western region of Singapore.

In line with the ‘inclusive style’ of the design of the larger One-North, the entire mixed development project will have no fencing or boundary walls to keep out visitors. The project is designed by Japanese architect Tange & Associates who designed UE Square in the 90s.

With the success of One-North Residences, One Rochester is very likely to be launched at above $800 psf.

> $1000psf?

wees
March 21st, 2007, 05:07 PM
With today's news that several Orchard Residences units have been sold at $4000 psf and another news story that resale home prices climbed 9.5% in the first quarter from the previous three months, I guess the developer of One Rochester could afford to be more aggressive in the asking psf price.

Icez
March 21st, 2007, 05:17 PM
whoa...any property that hit over $4000psf now? :)

wees
March 21st, 2007, 05:24 PM
whoa...any property that hit over $4000psf now? :)

Yes, several units of the Orchard Residences (by Capitaland and Sun Hung Kai) have been sold for $4000 psf.

See the Orchard Residences thread. The news just came out via a press release by Capitaland this evening.

Sailover
March 21st, 2007, 05:28 PM
With today's news that several Orchard Residences units have been sold at $4000 psf and another news story that resale home prices climbed 9.5% in the first quarter from the previous three months, I guess the developer of One Rochester could afford to be more aggressive in the asking psf price.

Bro where u saw the news? On paper or TV? Thanks...

wees
March 21st, 2007, 05:29 PM
Capitaland's announcement can be found at the Singapore Stock Exchange website at:

http://info.sgx.com/webcorannc.nsf/e0b081862900741c482571aa001cf0af/9239eed9f8caf6b0482572a5003d0b88?OpenDocument

The time was 21-Mar-2007 19:25:48, which is after closing time of the Singapore stock market.

Sailover
March 21st, 2007, 05:29 PM
Yes, several units of the Orchard Residences (by Capitaland and Sun Hung Kai) have been sold for $4000 psf.

See the Orchard Residences thread. The news just came out via a press release by Capitaland this evening.

Can post the report? I show my client...:banana:

wees
March 21st, 2007, 05:30 PM
Bro where u saw the news? On paper or TV? Thanks...

Official announcement by Capitaland at the Singapore Stock Exchange website, and also at www.channelnewsasia.com, and also on Channel News Asia TV channel 10.30pm Business News programme.

wees
March 21st, 2007, 05:33 PM
Can post the report? I show my client...:banana:

I already posted at the Orchard Residences (or Orchard Turn) thread. Here it is again:

This story was printed from channelnewsasia.com

Title : Several units of CapitaLand's Orchard Residences sold at S$4,000 psf
By :
Date : 21 March 2007 2117 hrs (SST)
URL : http://www.channelnewsasia.com/stories/singaporebusinessnews/view/265449/1/.html

SINGAPORE : Prices for the high-end luxury residential sector continued to climb to new highs.

According to developer CapitaLand, several units of its Orchard Residences development at Orchard Turn had been sold at up to S$4,000 per square foot.

The 56-storey development is being built by CapitaLand and Hong Kong's Sun Hung Kai Properties.

Units above the 32nd floor attained prices of more than S$3,200 per square foot.

CapitaLand said the buyers were established high net worth individuals in Singapore and the region.

It expects to release about 50 percent of the 175-unit development for sale in the first phase on a by-invitation basis.

The development is targeted for completion in late 2009. - CNA /ls

Sailover
March 21st, 2007, 05:34 PM
Official announcement by Capitaland at the Singapore Stock Exchange website, and also at www.channelnewsasia.com, and also on Channel News Asia TV channel 10.30pm Business News programme.


Ok Thanks for the info! That's really good news!

wees
March 21st, 2007, 05:38 PM
Ok Thanks for the info! That's really good news!

Sailover,

While you are surfing the Channel News Asia website, remember to read the other article (also published today) titled:

Strong buying sentiment filtering down to mass market homes: expert

The url is at:

http://www.channelnewsasia.com/stories/singaporebusinessnews/view/265461/1/.html

A portion reads:

SINGAPORE : There are signs that the increase in private home prices is filtering down to the mass market, according to the latest report by property consultancy Jones Lang LaSalle.

It said resale home prices climbed 9.5% in the first quarter from the previous three months, making it the fastest pace of growth in seven years.

Sailover
March 21st, 2007, 05:43 PM
Sailover,

While you are surfing the Channel News Asia website, remember to read the other article (also published today) titled:

Strong buying sentiment filtering down to mass market homes: expert

The url is at:

http://www.channelnewsasia.com/stories/singaporebusinessnews/view/265461/1/.html

A portion reads:

SINGAPORE : There are signs that the increase in private home prices is filtering down to the mass market, according to the latest report by property consultancy Jones Lang LaSalle.

It said resale home prices climbed 9.5% in the first quarter from the previous three months, making it the fastest pace of growth in seven years.


Roger that! Thanks for the great info Bro!:cheers:

PrecisionDrive
March 29th, 2007, 06:27 AM
One Rochester launch has been delayed till May.

Icez
March 29th, 2007, 11:37 AM
One Rochester launch has been delayed till May.

what happen? :)

PrecisionDrive
March 29th, 2007, 11:43 AM
what happen? :)


They said the showroom is not ready.

wees
March 29th, 2007, 12:01 PM
Maybe they don't want to launch at the same time with Seafront @ Meyer , Reflections @ Keppel Bay which are expected to launch in April.

inkoherent
March 29th, 2007, 04:34 PM
Showflat definitely won't be ready for another few weeks... Last week when I passed by, the structure was still not completed, so when you add time for the fittings, furnishing, etc, will prob take some time

DKSG
March 29th, 2007, 05:33 PM
By the time they finish building ... the options all issue finished liao lor !

YFG ... ...

arthur
March 29th, 2007, 08:09 PM
By the time they finish building ... the options all issue finished liao lor !

YFG ... ...
:lol: :lol: :lol: u buying 1 also ar?

redstone
March 30th, 2007, 05:11 AM
Hope the serenity of the area will somewhat remain

Icez
March 30th, 2007, 12:03 PM
Showflat definitely won't be ready for another few weeks... Last week when I passed by, the structure was still not completed, so when you add time for the fittings, furnishing, etc, will prob take some time

the outer shell showflat looks finish, but not the interior, surrounding etc
:) yeah ... prob take a few more weeks unless they work almost 24x7 like fusionpolis...

PrecisionDrive
March 30th, 2007, 05:22 PM
Beside EDB, A*Star and Spring Singapore are also eyeing a place in one-north.

DKSG
April 1st, 2007, 07:03 AM
Hey ...

How come messages got so many **** ?

YFG ... ...

duckweed
April 1st, 2007, 07:37 AM
Hey ...

How come messages got so many **** ?

YFG ... ...

probably due to this... http://www.skyscrapercity.com/announcement.php?f=399&a=342

surfers_
April 1st, 2007, 07:45 AM
I was wondering why so many words are being censored. :lol:

probably due to this... http://www.skyscrapercity.com/announcement.php?f=399&a=342

honduras
April 23rd, 2007, 04:54 PM
Does any one know when the launch will be?

Thanks.

PrecisionDrive
April 25th, 2007, 06:37 AM
Does any one know when the launch will be?

Thanks.


Early part of May.

easy
June 9th, 2007, 09:36 AM
the briefing was supposed to be on 6 jun ... now postponed... will update once more info avail ...

Icez
June 15th, 2007, 08:37 AM
any new update on the launch? :)

surfers_
June 18th, 2007, 05:17 PM
Heard it is selling for $950 psf.

BigCan
June 19th, 2007, 01:33 AM
Heard it is selling for $950 psf.

Units in one-north have been selling for more than $1000 psf. Hence $950psf is a bargain as this ptoject is nearer to the mrt station.

reneewy
June 19th, 2007, 04:09 AM
i heard diff ... c1100psf. delaying launch to get higher price haha

shctaw
June 19th, 2007, 12:02 PM
I heard average of $1150.

The launch date have been pushed back 3 times.

One-North now already asking $1100 in sub-sale, I do not think UE is so dumb to sell One Rochester at $1100. Anyway will go down to c-c lok lok once launch.

I when there to take a look in May and the place have good potential.

Potential black horse in the making................

reneewy
June 20th, 2007, 02:19 AM
Guess what, coincidentally heard from a friend who has a UE source - said the launch price is 1300 and above. lets wait and see if this is true. Then "nearby" apartment like Heritage View sure start asking for high prices

SmallInvestor
June 20th, 2007, 02:32 AM
Guess what, coincidentally heard from a friend who has a UE source - said the launch price is 1300 and above. lets wait and see if this is true. Then "nearby" apartment like Heritage View sure start asking for high prices

1300psf seems steep for One Rochester however when compared to the apartments along Farrer and Holland, it seems reasonable. Like someone said in the forum before, the next burst is here.

shctaw
June 20th, 2007, 02:45 AM
For those how have vested in One North Res & waiting for One Rochester..................

The Government will block away sensitive area with important facility or location with hugh government interest.

There is only One-North & One Rochester in the $15 Billion government funded project. With only 2 other project nearby which is Dover Parkview & Heritage View. (Please note that Dover Parkview & Heritage View is not in the CLASSIFIED ZONE hence the value should not be compare to One-North Res.

When UOL launch One North Res a few relatives & Directors working for Mr. Wee C Y are vested.

Below is the list of buyers information.

Pursuant to Rule 910(1) of the Singapore Exchange Securities Trading Limited Listing Manual, the
Board of Directors of the Company (“UOL” or the “Company”) wishes to announce that it has
approved the sale of units in the residential development known as “one-north residences” at One
North Gateway, to “interested persons” and/or relatives of Directors and controlling shareholders
(“Purchasers”) by its 30%-owned associate, Vista Development Pte. Ltd. (“Vista”).
Details of the sales of units are as follows:-

1. Mr Gwee Lian Kheng (President & CEO, Director of
UOL) and Low Rowee (spouse)
#12-02 (148 sq m) S$1,415,904
#12-23 (123 sq m) S$1,167,964

2.Ms Wee Wei Ling

Daughter of Wee Cho Yaw (Chairman & controlling
shareholder of UOL) and sister of Wee Ee Chao
and Wee Ee Lim (Directors of UOL) and Wee Ee
Cheong (controlling shareholder of UOL)
#13-17 (96 sq m) S$861,420
#06-02 (148 sq m) S$1,333,584

3. Ms Wee Wei Chi
Daughter of Wee Cho Yaw and sister of Wee Ee
Chao, Wee Ee Lim and Wee Ee Cheong
#11-23
(123 sq m) S$1,159,144

Mr Eu Yee Tat David (Spouse of Ms Wee Wei Chi)
Son-in-law of Wee Cho Yaw and brother-in-law of
Wee Ee Chao, Wee Ee Lim and Wee Ee Cheong
#06-32
(133 sq m) S$1,267,140

4. Mr Gwee Lian Chok & Ms Shyong Yew Ming
Brother and sister-in-law of Gwee Lian Kheng
(President & CEO, Director of UOL)
#06-16 (103 sq m) S$941,191

A 2% discount is offered to Purchasers listed in 1 to 3 above pursuant to the preferential discount scheme of Vista
subject to the terms therein. No discount was given to Purchaser No. 4.

The Audit Committee has reviewed and approved the sales of the above units to the Purchasers
and is satisfied that the terms of the said sales are fair and reasonable. The Audit Committee and
the Board of Directors (with each Director abstaining in respect of sales in which he is interested in)
are satisfied that the terms of the above sales are not prejudicial to the interests of the Company
and its minority shareholders.

Submitted by Foo Thiam Fong Wellington, Company Secretary on 20/03/2007 to the SGX

duckweed
June 20th, 2007, 03:27 AM
1300psf seems steep for One Rochester however when compared to the apartments along Farrer and Holland, it seems reasonable. Like someone said in the forum before, the next burst is here.

i think the burst in smallinvestor's post is referring to the next major boost in prices. when i first read it, i mistook it as bubble burst :P

shctaw
June 20th, 2007, 03:50 AM
i think the burst in smallinvestor's post is referring to the next major boost in prices. when i first read it, i mistook it as bubble burst :P

Thanks. Very sensitive to the word "BURST" nowaday.

arthur
June 20th, 2007, 04:11 AM
For those how have vested in One North Res & waiting for One Rochester..................

This area are restricted area and will not be seen in Google Earth.

The Government will block away sensitive area with important facility or location with hugh government interest.

There is only One-North & One Rochester in the $15 Billion government funded project. With only 2 other project nearby which is Dover Parkview & Heritage View. (Please note that Dover Parkview & Heritage View is not in the CLASSIFIED ZONE hence the value should not be compare to One-North Res.

use the real google earth and not the street directory google earth. can see. dont think the site is updated.

shctaw
June 20th, 2007, 04:17 AM
use the real google earth and not the street directory google earth. can see. dont think the site is updated.

Arthur is correct. Thanks for correcting.:)

arthur
June 20th, 2007, 04:27 AM
Guess what, coincidentally heard from a friend who has a UE source - said the launch price is 1300 and above. lets wait and see if this is true. Then "nearby" apartment like Heritage View sure start asking for high prices
wow! $1300+psf

Then Cornwall, UrbanEdge and The Ford at Holland looks cheap:lol:

shctaw
June 20th, 2007, 04:34 AM
$1300 launch for One Rochester will only help those who have vested in One North.

Those who buy at $1300 will want to flip at sub-sale market at $1450 and above.

Invest in Biopolis is a gamble............just like The Sail in 2004. High risk=high return.

Love the challenge.

Icez
June 20th, 2007, 12:12 PM
$1300 launch for One Rochester will only help those who have vested in One North.

Those who buy at $1300 will want to flip at sub-sale market at $1450 and above.

Invest in Biopolis is a gamble............just like The Sail in 2004. High risk=high return.

Love the challenge.

whoa....I don't mind buying one when comparing to The Sail in 2004 which has appreciated like almost 3x over now.... :banana:

surfers_
June 20th, 2007, 03:27 PM
Has the preview started yet?

arthur
June 22nd, 2007, 08:49 AM
Has the preview started yet?postponed and the name of the project is The Rochester not One Rochester.

ayanami
June 23rd, 2007, 03:00 AM
postpone again ? Till when ?

shctaw
June 23rd, 2007, 03:27 AM
The Rochestor is accross the road, I wonder whether it is in the One-North Zone?

If outside, will the price be a concern as it will be located outside the government planning zone.

Dover Parkview & Heritage View should be outside the zone hence the value is questionable.

One-North res. will be well place to capture the growth of the area.

arthur
June 23rd, 2007, 06:50 AM
The Rochestor is accross the road, I wonder whether it is in the One-North Zone?

If outside, will the price be a concern as it will be located outside the government planning zone.

Dover Parkview & Heritage View should be outside the zone hence the value is questionable.

One-North res. will be well place to capture the growth of the area.my final anwser is within the zone. log it in pls:lol:

saigalt
June 25th, 2007, 05:36 PM
seems they are finall launching in second week july with briefing for dtz agents on 2nd july ...or so my friendly dtz agent informs me by sms today

proper-T
June 27th, 2007, 11:06 AM
Pics of the model and showflat

Model
http://img.photobucket.com/albums/v465/keenetic/IMAGE_859.jpg
920sf Loft
http://img.photobucket.com/albums/v465/keenetic/IMAGE_861.jpg
1500sf 3-bedroom
http://img.photobucket.com/albums/v465/keenetic/IMAGE_862.jpg

tanad
June 27th, 2007, 12:07 PM
Wow ... S$1,300 psf ... owners of One-North, Heritage View and Dover Parkview must be smiling. Makes their unit cheap by comparison, especially the latter two. Only downside is their not in the "zone" but its so close it can't be that big of a difference.

Icez
June 29th, 2007, 11:46 AM
Wow ... S$1,300 psf ... owners of One-North, Heritage View and Dover Parkview must be smiling. Makes their unit cheap by comparison, especially the latter two. Only downside is their not in the "zone" but its so close it can't be that big of a difference.

the 3 other properties mentioned above is situated in its own quite and serene environment, and still so close to the eventual mall / fusionpolis etc..... g8

Sam Sung
July 1st, 2007, 03:01 PM
The view of Rochester is not so good as part of it will be blocked by the hotel in front of it. Also, I remember the smallest unit is more than 800 sf. So, if the price is $1.3k psf, the min investment is over $1m.

Baby
July 1st, 2007, 04:13 PM
The view of Rochester is not so good as part of it will be blocked by the hotel in front of it. Also, I remember the smallest unit is more than 800 sf. So, if the price is $1.3k psf, the min investment is over $1m.

With Duchess Residences at Bukit Timah crossing $2100 psf last week, if they sell Rochester at $1.3k psf average, it may be a huge discount ? May be over the weekend, they have adjusted upward again ?

Sam Sung
July 2nd, 2007, 06:23 PM
With Duchess Residences at Bukit Timah crossing $2100 psf last week, if they sell Rochester at $1.3k psf average, it may be a huge discount ? May be over the weekend, they have adjusted upward again ?
Duchees Residences' location is much higher class than Rochester's location. Also, the quality is better. These make the price diff.

wees8
July 2nd, 2007, 06:29 PM
All these record setting prices will certainly contribute to a much higher rise in the property price indices for 3rd quarter, which gives the government enough reason to release more 99-year leasehold land near existing hot-selling projects, in an attempt to slow the price increase in "outside the central region" areas.

Sam Sung
July 4th, 2007, 04:02 PM
Any news about when it will launch.

Further postpone ?

Icez
July 5th, 2007, 09:45 AM
Any news about when it will launch.

Further postpone ?

Think would be sold off 100% v fast (matter of week / weeks)

Sam Sung
July 5th, 2007, 05:42 PM
Depends on the price: Under $1.3k psf, will be sold off v fast.

Over $1.4k psf, may need to take more time, say 1-2 months

Over 1.5 psf, over 2 months

Baby
July 5th, 2007, 06:22 PM
Depends on the price: Under $1.3k psf, will be sold off v fast.

Over $1.4k psf, may need to take more time, say 1-2 months

Over 1.5 psf, over 2 months

I bet if deferred payment at 5% upfront, 5% within 8 weeks, and 10% after 12 months, then all units will be taken up if below $2000 psf.

pinkcow
July 6th, 2007, 08:03 AM
Any news about when it will launch.

Further postpone ?

Tentatively Launch is still in mid July. Limited agents marketing this project and it is marked as being extremely hot on the watchers list.

as some have already mentioned, prices will be above one north and there are some good estimates stated previously in this thread.

For those worried about the south facing apartments being blocked by the hotel, there is a workaround - the residential tower is much higher then the hotel tower.

if you don't already know one of the few agents that are allowed to market this project, you can pm me and i can try to hook you up.

easy
July 6th, 2007, 12:23 PM
if you interested in this project, pls pm me, i can turn on a personal link for you to view...the public, pls clearly identify your name + objective first... dont worry, purchase is not a precondition..

some of the seasoned agents here, can pm me too... i've benefitted from all your sharing and dont mind sharing with some of you too...

have a nice weekend!

Valarie_OPS
July 6th, 2007, 12:42 PM
good buy?

easy
July 6th, 2007, 01:19 PM
for investment, only certain areas have a good and strong storyline to support and sustain now that the property market is on high gear ...and note the de facto psf for even the cheapest such locations are easily at $1000-1300psf to begin with....

good buy or not also depends on your holding period, your objective etc, .. basically there are many ways to make money in property... so you need to start on the right footing by knowing yourself well.... *)

if you're open with your agents, they should advise you responsibly (esp walk-in customers are vulnerabl)...like in all businesses, always stick to 1-2 suppliers only, in this case, agents who can serve you well, dont go agent hopping... take them like your PA, for info gathering and consultation and make a joint decision on which projects to shortlist for investment...

shctaw
July 7th, 2007, 05:29 AM
Launch date fixed at 16-18 July.

Sam Sung
July 7th, 2007, 10:04 AM
I bet if deferred payment at 5% upfront, 5% within 8 weeks, and 10% after 12 months, then all units will be taken up if below $2000 psf.
Wow, 2k psf at BV. Really unbelieveable.

I guess this maybe the price in 2009.

shctaw
July 8th, 2007, 03:25 AM
They have move the price up at least a dozen time.

Sam Sung
July 8th, 2007, 05:21 AM
They have move the price up at least a dozen time.
Then they should hold it until 2008. The price will be even higher. Haha.

shctaw
July 8th, 2007, 10:02 AM
Wanted to buy a unit there, but the delay really make me upset.

Baby
July 8th, 2007, 11:03 AM
Remember it's seller's market for now, so developer is no different from subsale seller, to maximise their profit margin in this hot market, but the higher the price goes up, the higher risk buyers have to bear over time. :lol:

shctaw
July 9th, 2007, 12:19 AM
You are right. Once developers start to become greedy, more risk will be past to the buyers.

I think I will past The Rochester and just hold on to One-North Res.

I think the launch of The Rochester by UE will be around $1300, sub-sale will need to sell at $1500 or higher & that will push up One North Res. value. Just like The Sail & MBFC relationship back in 2006.

By end of the year, it will hit $1800. Just like the same old "The Sail" story.

For those still aiming at The Rochester, please avoid the loft studios. Do not make the same mistake like those whom bought the loft units in Icon & 2RVG.

Remember it's seller's market for now, so developer is no different from subsale seller, to maximise their profit margin in this hot market, but the higher the price goes up, the higher risk buyers have to bear over time. :lol:

Icez
July 9th, 2007, 10:49 AM
You are right. Once developers start to become greedy, more risk will be past to the buyers.

I think I will past The Rochester and just hold on to One-North Res.

I think the launch of The Rochester by UE will be around $1300, sub-sale will need to sell at $1500 or higher & that will push up One North Res. value. Just like The Sail & MBFC relationship back in 2006.

By end of the year, it will hit $1800. Just like the same old "The Sail" story.

For those still aiming at The Rochester, please avoid the loft studios. Do not make the same mistake like those whom bought the loft units in Icon & 2RVG.

think they shd be launching easily higher than $1500...as heritage and dover has shot up quite high now... plp will still buy... :)

Baby
July 9th, 2007, 05:05 PM
In my opinion, the developer can sell high for new launches by offering deferred payment with 5% upfront and 5% after 8 weeks.

The risk in the market now is the govt may come out with policy soon to deter deferred payment. If we knew how to make full use of the loop hole with deferred payment in a hot market, the Govt would had known that.

Remember the deferred payment scheme was introduced during the market low period ( around 2003 ? ) and govt effort to stir up the property. In May 2005, govt allow the upfront payment from 20% to 10%. With the hot property market now, the govt can have good reason to take all these back like what he did in last Dec 06 on the stamp duty payment.

From experience we know the govt doesn't really care much if the price hike too much at the high-end segments. That's just 5% of the population and it's the rich and international investors playground.

However, everyone get worried now as the last home indices had started to shown an unusual trend on the price of mass market.

Those buyers that swallowed the new record prices in new launches just before the govt ban deferred payment or increase the upfront payment, will not be able to sell easily thereafter. This is especially true for mid-to-mass market as final owners or tenants will be mid end salaried workers with a cap or limit to their financial stretch.

shctaw
July 9th, 2007, 07:52 PM
In my opinion, the developer can sell high for new launches by offering deferred payment with 5% upfront and 5% after 8 weeks.

The risk in the market now is the govt may come out with policy soon to deter deferred payment. If we knew how to make full use of the loop hole with deferred payment in a hot market, the Govt would had known that.

Remember the deferred payment scheme was introduced during the market low period ( around 2003 ? ) and govt effort to stir up the property. In May 2005, govt allow the upfront payment from 20% to 10%. With the hot property market now, the govt can have good reason to take all these back like what he did in last Dec 06 on the stamp duty payment.

From experience we know the govt doesn't really care much if the price hike too much at the high-end segments. That's just 5% of the population and it's the rich and international investors playground.

However, everyone get worried now as the last home indices had started to shown an unusual trend on the price of mass market.

Those buyers that swallowed the new record prices in new launches just before the govt ban deferred payment or increase the upfront payment, will not be able to sell easily thereafter. This is especially true for mid-to-mass market as final owners or tenants will be mid end salaried workers with a cap or limit to their financial stretch.

For property bought for investment purpose should not enjoy deferred payment.
As it will be more risky as those buyers may hold multiple units.

Icez
July 10th, 2007, 03:01 AM
Launch date fixed at 16-18 July.

strange..how come on a weekday and not weekend? It is a soft launch or open door launch for the mass public or only those who have registered their interest earlier?

easy
July 10th, 2007, 03:01 AM
i think the govt doesnt want to be a wet blanket and put an end to the party.. it kept giving the assurance to the masses and reminder to players to slow the pace instead of screaming new benchmark but some simply dont listen...maybe they should simply accord deferred payment based on holding period... then there'll some elements of change in the pace...

shctaw
July 10th, 2007, 03:43 AM
strange..how come on a weekday and not weekend? It is a soft launch or open door launch for the mass public or only those who have registered their interest earlier?

I also not sure now, I got the date from a staff in UE. But may change again after Singapore report a new record GDP growth.:)

I think they may again rise the price to $1400 at least. I think the place is still a good buy.

MoonWalker
July 10th, 2007, 06:30 PM
You are right. Once developers start to become greedy, more risk will be past to the buyers.

I think I will past The Rochester and just hold on to One-North Res.

I think the launch of The Rochester by UE will be around $1300, sub-sale will need to sell at $1500 or higher & that will push up One North Res. value. Just like The Sail & MBFC relationship back in 2006.

By end of the year, it will hit $1800. Just like the same old "The Sail" story.

For those still aiming at The Rochester, please avoid the loft studios. Do not make the same mistake like those whom bought the loft units in Icon & 2RVG.

Can advise what you mean by avoiding loft studios, it is really bad ?

shctaw
July 11th, 2007, 02:12 AM
Can advise what you mean by avoiding loft studios, it is really bad ?

A 500 sqft area studio have more floor space than a 500 sqft loft.

luciferyang
July 11th, 2007, 05:31 AM
A 500 sqft area studio have more floor space than a 500 sqft loft.

Lofts are double storeyed. The stair well takes up unusable space.

Icez
July 11th, 2007, 09:08 AM
Lofts are double storeyed. The stair well takes up unusable space.

unless u can sleep float on the stairs :lol:

Sharkie
July 11th, 2007, 10:10 AM
my perception on loft units are the void space(abv the living rm) is calculated into the flr area by the developer. hence, the psf might look cheap but the usable space is much lesser. as memtioned b4 by luciferyang, the stairs will reduce the usable space. for a 1 bedder loft unit both will add up quite significantly.

not sure if this is what shctaw meant.

saw the clift & 1 north loft units showrm, they really look good with the high ceiling for the living rm.

cheers

sharkie

LittlePig
July 11th, 2007, 10:24 AM
my perception on loft units are the void space(abv the living rm) is calculated into the flr area by the developer. hence, the psf might look cheap but the usable space is much lesser. as memtioned b4 by luciferyang, the stairs will reduce the usable space. for a 1 bedder loft unit both will add up quite significantly.

not sure if this is what shctaw meant.

saw the clift & 1 north loft units showrm, they really look good with the high ceiling for the living rm.

cheers

sharkie

did you notice when you were at the clift's loft showflat, that there's no space for wardrobe? there's no wardrobe in the bedroom...

Sharkie
July 11th, 2007, 11:01 AM
didnt notice that, but i was admiring the id. in terms of id, clift studio looks better as compared to 1 north. it will be costly to design like clift thou.

MoonWalker
July 11th, 2007, 12:06 PM
A 500 sqft area studio have more floor space than a 500 sqft loft.

but it look cool, so staircase included in the psf .

I think walk up & down after a while will become quite tired.

danielhau
July 11th, 2007, 03:39 PM
Received inside news that the price will be ard 1200-1400 psf.

shctaw
July 11th, 2007, 05:13 PM
but it look cool, so staircase included in the psf .

I think walk up & down after a while will become quite tired.

It is cool if your stay there, if you rent out, your tennant will complain alot.

Received inside news that the price will be ard 1200-1400 psf.

I will look toward the $1400 level or higher. Back in Dec 2006 UE only looking at $500 psf. Greedy is evil. I still have the article that UE mention they only looking toward $500 psf.:ohno:

easy
July 11th, 2007, 05:33 PM
shctaw - pls flash the article ok... recap recap... haha

arthur
July 11th, 2007, 05:45 PM
shctaw - pls flash the article ok... recap recap... haha

inside the one north thread

shctaw
July 12th, 2007, 02:26 AM
^^ OLD ARITICLE. DEC 2006.^^

The first-ever residential development in science hub one-north, tentatively named One Rochester Park, will be launched around Chinese New Year - and the project is expected to benefit from the new-found buzz of the Rochester Park area.

The 368-unit development is right next door to the up-and-coming Rochester Park, a dining and retail enclave set against a rustic backdrop of undulating grounds and green canopies.

The project is developed by United Engineers (UE), which last year secured the public-private partnership (PPP) project to build a business hotel and mixed development in one-north from JTC Corporation.

Most of the apartments in the project will be 1,200 square feet two-bedroom and 1,500 sq ft three-bedroom units. Separately, UE will also be building 250 hotel rooms and 120 serviced residence units.

The whole mixed development is designed by Tange & Associates, headed by the son of the late Kenzo Tange, who designed UE’s flagship development UE Square about a decade ago.

Said UE: ‘The design of one-north, of which the mixed development forms a part, is a self-contained concept - eat, live and play.

‘It promotes the exchange of ideas and interflow of traffic, and as such does not promote boundaries between land use - and hence little or no use of fences.’

Market watchers said that it is hard to predict the launch price for the development as the concept is new.

UE has previously said that prices could start at about $550 per sq ft, but with the upward trend in property prices over the past few months, the launch price should be well above that when the time comes.

Prices will also be boosted by the area’s new-found fame - it is fast becoming known for its F&B outlets housed in atmospheric colonial bungalows. UE gained two such bungalows when acquiring the site, which will soon be leased out to F&B tenants.

One Rochester Park is UE’s first wholly owned residential project since the company successfully launched its apartments at UE Square a decade ago. Then, at the height of the property boom, units were sold out within a day, said the company.

Since then, while UE has taken stakes in other residential projects, it has focused on its core business of engineering and construction.

In a recent interview with BT, UE’s chief executive Jackson Yap said that he was especially interested in working on more PPP projects with JTC.

UE’s managing director David Liew said the company might also look into participating in the request for proposals (RFPs) to build Phase 2B of the cutting-edge science and engineering R&D hub Fusionopolis in one-north, after JTC said it will launch an RFP next year for private developers to build the project.

Source: The Business Times, 19 December 2006

Icez
July 12th, 2007, 02:37 AM
^^ OLD ARITICLE. DEC 2006.^^

The first-ever residential development in science hub one-north, tentatively named One Rochester Park, will be launched around Chinese New Year - and the project is expected to benefit from the new-found buzz of the Rochester Park area.

The 368-unit development is right next door to the up-and-coming Rochester Park, a dining and retail enclave set against a rustic backdrop of undulating grounds and green canopies.

The project is developed by United Engineers (UE), which last year secured the public-private partnership (PPP) project to build a business hotel and mixed development in one-north from JTC Corporation.

Most of the apartments in the project will be 1,200 square feet two-bedroom and 1,500 sq ft three-bedroom units. Separately, UE will also be building 250 hotel rooms and 120 serviced residence units.

The whole mixed development is designed by Tange & Associates, headed by the son of the late Kenzo Tange, who designed UE’s flagship development UE Square about a decade ago.

Said UE: ‘The design of one-north, of which the mixed development forms a part, is a self-contained concept - eat, live and play.

‘It promotes the exchange of ideas and interflow of traffic, and as such does not promote boundaries between land use - and hence little or no use of fences.’

Market watchers said that it is hard to predict the launch price for the development as the concept is new.

UE has previously said that prices could start at about $550 per sq ft, but with the upward trend in property prices over the past few months, the launch price should be well above that when the time comes.

Prices will also be boosted by the area’s new-found fame - it is fast becoming known for its F&B outlets housed in atmospheric colonial bungalows. UE gained two such bungalows when acquiring the site, which will soon be leased out to F&B tenants.

One Rochester Park is UE’s first wholly owned residential project since the company successfully launched its apartments at UE Square a decade ago. Then, at the height of the property boom, units were sold out within a day, said the company.

Since then, while UE has taken stakes in other residential projects, it has focused on its core business of engineering and construction.

In a recent interview with BT, UE’s chief executive Jackson Yap said that he was especially interested in working on more PPP projects with JTC.

UE’s managing director David Liew said the company might also look into participating in the request for proposals (RFPs) to build Phase 2B of the cutting-edge science and engineering R&D hub Fusionopolis in one-north, after JTC said it will launch an RFP next year for private developers to build the project.

Source: The Business Times, 19 December 2006

whoa....it is going to be another record sold out in a single day? :)

shctaw
July 12th, 2007, 02:45 AM
whoa....it is going to be another record sold out in a single day? :)

The developer is making bubble for the Singapore Property market.

From $550 to $1400 in just 7 months.:ohno:

I wonder how many buyers will withdraw their cheque if they read this article. I still think One-North is a good location to invest.

http://www.youtube.com/watch?v=RsUtYbzczbY

LittlePig
July 12th, 2007, 02:54 AM
amazing what 7 months can do... isn't it? :)

Icez
July 12th, 2007, 03:00 AM
The developer is making bubble for the Singapore Property market.

From $550 to $1400 in just 7 months.:ohno:

I wonder how many buyers will withdraw their cheque if they read this article. I still think One-North is a good location to invest.

http://www.youtube.com/watch?v=RsUtYbzczbY

I think there is still v good potential for this development also... like The Sail which started out @ 9xx psf.... now it is >3 / 4 xxxpsf?

Baby
July 12th, 2007, 04:07 AM
West Coast not that far from Buona Vista, right ?
I thought those recent launch properties at West Coast were selling at around ave. 750+ psf ?
Is the price gap too much between West Coast and Buona Vista ?

Baby
July 12th, 2007, 04:12 AM
I think there is still v good potential for this development also... like The Sail which started out @ 9xx psf.... now it is >3 / 4 xxxpsf?

My personal opinion is the situation is different between Sails and Rochester.

Sail tower 1 of $9xx was launched in Nov 2004 when property was still at it's low. Singapore has not unveiled it's plan for casino, and the full developments at Marina Bay. Even developers were hesistated at that time in bidding the plot of land beside Sail, which is now MBFC.

Rochester is now launching when the property market has already been hot. I can't say we are at the property peak, but Rochester is definitely launching at a record high price in that area. There could be potential gain if future, but it won't replicate Sail for 2 reasons. - Timing, Location.

Icez
July 12th, 2007, 04:44 AM
The developer is making bubble for the Singapore Property market.

From $550 to $1400 in just 7 months.:ohno:

I wonder how many buyers will withdraw their cheque if they read this article. I still think One-North is a good location to invest.

http://www.youtube.com/watch?v=RsUtYbzczbY

West Coast not that far from Buona Vista, right ?
I thought those recent launch properties at West Coast were selling at around ave. 750+ psf ?
Is the price gap too much between West Coast and Buona Vista ?

I saw an advert someone asking for 1000psf for a new condo (top soon) at west coast currently...so prices have narrowed :)

shctaw
July 12th, 2007, 04:46 AM
My personal opinion is the situation is different between Sails and Rochester.

Sail tower 1 of $9xx was launched in Nov 2004 when property was still at it's low. Singapore has not unveiled it's plan for casino, and the full developments at Marina Bay. Even developers were hesistated at that time in bidding the plot of land beside Sail, which is now MBFC.

Rochester is now launching when the property market has already been hot. I can't say we are at the property peak, but Rochester is definitely launching at a record high price in that area. There could be potential gain if future, but it won't replicate Sail for 2 reasons. - Timing, Location.

BV is not a fantastic location, but One North $15 Billion Government injection make this place a good gamble. Can be good, can be bad. One-North Res investors will be at a better position. I cannot say the same for The Rochester buyers as the margin of safety is very narrow.

The Rochester cannot compare to The Sail.

The relationship between One North Res & The Rochester = The Sail & MBFC1.

One North launch around $700-$800 & The Rochester $1300-1400.

Hence One North Res buyers & The Sail buyers will be in the same position to capitalize on their property.

Icez
July 12th, 2007, 04:46 AM
My personal opinion is the situation is different between Sails and Rochester.

Sail tower 1 of $9xx was launched in Nov 2004 when property was still at it's low. Singapore has not unveiled it's plan for casino, and the full developments at Marina Bay. Even developers were hesistated at that time in bidding the plot of land beside Sail, which is now MBFC.

Rochester is now launching when the property market has already been hot. I can't say we are at the property peak, but Rochester is definitely launching at a record high price in that area. There could be potential gain if future, but it won't replicate Sail for 2 reasons. - Timing, Location.

IMHO The folks knows what is upcoming at the area, so that are pricing it accordingly to the interest... :)

Am looking forward to the launch (The Rochestor) next week :). Anyone knows if it is confirmed for Monday?

shctaw
July 12th, 2007, 04:53 AM
IMHO The folks knows what is upcoming at the area, so that are pricing it accordingly to the interest... :)

Am looking forward to the launch (The Rochestor) next week :). Anyone knows if it is confirmed for Monday?

Cannot confirmed lah, even the staff working in UE cannot confirm also.

Price also cannot confirmed. UE boss may price at $1300-1400 but scared he priced too low hence lossing the opportunity to make more money. The higher he price the project the more risky for investors.

Maybe should boycott it if delay continue.:lol:

LittlePig
July 12th, 2007, 09:22 AM
I heard launching next Monday, 16 July...

http://img363.imageshack.us/img363/198/the20rochesterim3.jpg

http://img363.imageshack.us/img363/2015/site20planthe20rochesteto6.jpg

Icez
July 12th, 2007, 09:30 AM
I heard launching next Monday, 16 July...

http://img363.imageshack.us/img363/198/the20rochesterim3.jpg

http://img363.imageshack.us/img363/2015/site20planthe20rochesteto6.jpg

are those agents? heard rumours that soft launch already? Is it true?

LittlePig
July 12th, 2007, 09:35 AM
^^ they look like agents, don't they... i really have no idea...

shctaw
July 12th, 2007, 10:02 AM
Initially I thought DTZ is the core agent, later I found out that UE is handling the sale themselve. I also heard that DTZ agents will not receive any agent fees in getting buyers, only benefit is when the buyers flip their property the agent will earn something from selling the flipped property.

I think the agents must receive some sort of fees, otherwise why bother.

Anyway alot of rubbish news on this project. Really not healthy.

rstopel
July 12th, 2007, 10:15 AM
Initially I thought DTZ is the core agent, later I found out that UE is handling the sale themselve. I also heard that DTZ agents will not receive any agent fees in getting buyers, only benefit is when the buyers flip their property the agent will earn something from selling the flipped property.

I think the agents must receive some sort of fees, otherwise why bother.

Anyway alot of rubbish news on this project. Really not healthy.

hey brudder, of course agents get comm. The only thing here is that DTZ agents are not allowed to ask for comm from buyers. Some agents very greedy also nowadays.

pinkcow
July 12th, 2007, 01:54 PM
floorplans are out...*cough*

Icez
July 12th, 2007, 04:18 PM
floorplans are out...*cough*

who to contact to see / view? :)

Sailover
July 12th, 2007, 07:36 PM
floorplans are out...*cough*

Can pass me the *cough*? I dun mind:lol:

easy
July 13th, 2007, 02:59 AM
u need to be invite list... else no entry for the first few days

shctaw
July 13th, 2007, 03:52 AM
u need to be invite list... else no entry for the first few days

Nowaday no-one visit showflat liao. Genuine buyers just give check & wait for agents to reply lah.

I am not invited but my agents is invited.:lol:

floorplans are out...*cough*

Floor plan less important. Price is a main factor. If price too high should think before buying.

One-North properties is not a tested, for Gambler Investors only.

easy
July 13th, 2007, 06:18 AM
shctaw - previously at reflections, also need buyer and agent to be present leh... usually i'm also a rule breaker... but for such things, game rules not set by me... so fulfilled first then see if possible to break... haha...if your agent from dtz, sld be ok lah... but u better be on standby to flee there when he/she calls, just in case...yup, for such projects, no need to look at floor plans.... good luck to your purchase...

so who're on mon/tue/wed invite list so far? tell tell eh... let us envy

shctaw
July 13th, 2007, 09:58 AM
I just go a call from my friend who offer me a sub-sale unit on the #25-xx.

$1450 psf. I thought I heard wrongly, and confirm it is not One-North.

My god, is it a hint that the project already sold out before even launch?

The owner of the unit is a UE staff.

shctaw
July 13th, 2007, 10:04 AM
Latest......

Management & staffs of UE and their partners already pick up good units.

The Rochester open to VVIP from Monday to Wednesday.

Thursday open to public.

Good units mostly taken up already by Management & partners of UE.

Expected to be sold out by Thursday.

Baby
July 13th, 2007, 10:37 AM
Latest......

Management & staffs of UE and their partners already pick up good units.

The Rochester open to VVIP from Monday to Wednesday.

Thursday open to public.

Good units mostly taken up already by Management & partners of UE.

Expected to be sold out by Thursday.

What a shame in this kind of market for listed company to sell cheap to management staff before opening up to public and sell high. Those staff should be taxed on the difference in price sold to them and to the public listed price.

I hate to buy in this kind of project... at the most disadvantage. But of course, if I'm invited in the first day, then different story lah ! All are selfish.

shctaw
July 13th, 2007, 11:19 AM
What a shame in this kind of market for listed company to sell cheap to management staff before opening up to public and sell high. Those staff should be taxed on the difference in price sold to them and to the public listed price.

I hate to buy in this kind of project... at the most disadvantage. But of course, if I'm invited in the first day, then different story lah ! All are selfish.

Staffs & partners will not receive any discount. Top management maybe 2% off only.

The main advantage is the choice units will be taken up first.

LittlePig
July 13th, 2007, 11:24 AM
not uncommon... happened even 4 years ago, in 2003... when the pier@robertson quay was soft-launched, the entire 08 stack (the stack with the best view) was already fully taken up by staff, management and partners...

Sharkie
July 13th, 2007, 12:51 PM
its not only the 2 % discount that makes the diff. the dev will probably raise the price daily(maybe hourly :lol:). hence the price diff for a similar unit can be more than 10%.

Baby
July 13th, 2007, 02:31 PM
In fact each batch of units released, the price will increase.
So directors get the lowest price, followed by management staff, then followed by business partners.
When it comes to VVIP, the price goes up...may be increased a few times per batch increased.
When it comes to VIP, the price goes up...increased a few times per batch released.
When it comes to public, OH, sorry no public launch... SOLD OUT ! Pls buy in secondary market.


Heard in the Duchess Release, UOB families got the first batch at $1500psf. When the units were released to the VVIP, already reach $1800psf. Not sure how true, but "no fire, no smoke" ?

Sailover
July 13th, 2007, 07:37 PM
In fact each batch of units released, the price will increase.
So directors get the lowest price, followed by management staff, then followed by business partners.
When it comes to VVIP, the price goes up...may be increased a few times per batch increased.
When it comes to VIP, the price goes up...increased a few times per batch released.
When it comes to public, OH, sorry no public launch... SOLD OUT ! Pls buy in secondary market.


Heard in the Duchess Release, UOB families got the first batch at $1500psf. When the units were released to the VVIP, already reach $1800psf. Not sure how true, but "no fire, no smoke" ?


Reminds me of Sky@11 & One North, nowadays:ohno:

easy
July 13th, 2007, 08:54 PM
hmmm....supposedly managed to squeeze some folks into wed... need to reconfirm...hopefully they get to buy some... keeping my fingers crossed...

Icez
July 14th, 2007, 05:31 AM
hmmm....supposedly managed to squeeze some folks into wed... need to reconfirm...hopefully they get to buy some... keeping my fingers crossed...

g8

Icez
July 14th, 2007, 05:35 AM
I just go a call from my friend who offer me a sub-sale unit on the #25-xx.

$1450 psf. I thought I heard wrongly, and confirm it is not One-North.

My god, is it a hint that the project already sold out before even launch?

The owner of the unit is a UE staff.

so low, must buy :)

shctaw
July 14th, 2007, 06:00 AM
so low, must buy :)

I already wash my hand off new purchase.

The market scares me. It moving too fast. ST today indicate over 1100 sub-sale in Q2 2007 alone.

Buyers please look at your own financial ability before buying.:ohno:

Baby
July 14th, 2007, 09:48 AM
I already wash my hand off new purchase.

The market scares me. It moving too fast. ST today indicate over 1100 sub-sale in Q2 2007 alone.

Buyers please look at your own financial ability before buying.:ohno:

I just wonder how many One North subsales in last quarter out of that 1100 ?

Baby
July 14th, 2007, 09:54 AM
Does anyone knows if there will be new property launches within OneNorth or Rochester proximity over the next 6 months ?

If there are new launches and if the current hot property continues or accelerate into year end, then Rochester still have good potential to flip in the near term.

In the long term, the price will moderate in that area as I thought the news reported earlier that there will be over 20,000 residential units to be developed in the One North area ?

wees8
July 14th, 2007, 12:40 PM
Has the queue started to form? The last memorable queue was for the Seafront @ Meyer project and was covered by TV and newspaper.

shctaw
July 14th, 2007, 01:53 PM
I just wonder how many One North subsales in last quarter out of that 1100 ?

I know 2. :lol:

shctaw
July 15th, 2007, 03:47 AM
Monday ~ for UE staffs booking only.
Tuesday ~ Wednesday ~ For 300 UE Square owners (Developer VIP guest) and DTZ Resi VIPs clients booking only.

Sam Sung
July 15th, 2007, 09:59 AM
Monday ~ for UE staffs booking only.
Tuesday ~ Wednesday ~ For 300 UE Square owners (Developer VIP guest) and DTZ Resi VIPs clients booking only.
At what price?

shctaw
July 15th, 2007, 10:27 AM
At what price?

No Idea.

Maybe $2000psf:lol:

mongs
July 15th, 2007, 03:55 PM
hey shctaw. that unit of 25-XX for sale at $1450 psf, what is the size of the appartmt? Sounds expensive :p

wees8
July 16th, 2007, 03:12 AM
This project is going to be very hot. Someone at the Channel News Asia forum wrote that a queue had formed, and there were at least 500 people milling around the place.

Icez
July 16th, 2007, 03:17 AM
This project is going to be very hot. Someone at the Channel News Asia forum wrote that a queue had formed, and there were at least 500 people milling around the place.

do u mean this monday morning? :)

wees8
July 16th, 2007, 03:30 AM
do u mean this monday morning? :)

Yes, that was what the person wrote at the Channel News Asia's forum.

wees8
July 16th, 2007, 03:36 AM
Here is the link to that posting:

http://forum.channelnewsasia.com/viewtopic.php?t=40787&start=330

Look for the posting dated Mon Jul 16, 2007 9:01 am.

luciferyang
July 16th, 2007, 05:03 AM
Yes, that was what the person wrote at the Channel News Asia's forum.

Why does VIPs/Directors need to queue and for preview?

wees8
July 16th, 2007, 05:04 AM
Why does VIPs/Directors need to queue and for preview?

I think the people who are queuing might not be VIPs/Directors, but are members of the public who are queuing to await for the public launch.

Icez
July 16th, 2007, 05:44 AM
I think the people who are queuing might not be VIPs/Directors, but are members of the public who are queuing to await for the public launch.

just came back from there... long queue....think will get sold out very soon.... today think is only for UE staff...

shctaw
July 16th, 2007, 05:48 AM
just came back from there... long queue....think will get sold out very soon.... today think is only for UE staff...

Remind me of those day I queue for The Sail. Love the feeling. Our property market is now RED HOT.:)

Icez
July 16th, 2007, 05:49 AM
Remind me of those day I queue for The Sail. Love the feeling. Our property market is now RED HOT.:)

bring an umbrella also..weather is getting hot also :lol:

shctaw
July 16th, 2007, 05:52 AM
Give up The Rochester because of the high price. The Rochester is sitting in One North and are still not tested area. Very hard to guage the value. Maybe $1800 by end of the year.

wees8
July 16th, 2007, 06:18 AM
just came back from there... long queue....think will get sold out very soon.... today think is only for UE staff...

Icez, you travelled there just to take a look at the queue?

Icez
July 16th, 2007, 09:27 AM
Icez, you travelled there just to take a look at the queue?

no lah...thought can join in the queue ( gatecrashed etc :) ) to check out some potential buys today....actually...but queue v long and flowing steadily.... think might be sold out v fast...total 368 units? think nothing left for public view this thursday but then... :)

LittlePig
July 16th, 2007, 09:41 AM
i hate to spread rumors but during lunch, my source called me and told me only 1 unit left... he said last friday was preview for the VVIPs and almost 60% sold that day alone... can anyone verify this?

Icez
July 16th, 2007, 10:03 AM
i hate to spread rumors but during lunch, my source called me and told me only 1 unit left... he said last friday was preview for the VVIPs and almost 60% sold that day alone... can anyone verify this?

will drive by tonight and see if there are still people queuing there...no reason why people would queue for 1 last unit @ 7 pm tonight right unless there are still units for sale? :)

LittlePig
July 16th, 2007, 10:09 AM
will drive by tonight and see if there are still people queuing there...no reason why people would queue for 1 last unit @ 7 pm tonight right unless there are still units for sale? :)

yes yes, please let us know icez... i think if only 1 unit left at noon, then the last unit should be sold by now...

shctaw
July 16th, 2007, 10:11 AM
yes yes, please let us know icez... i think if only 1 unit left at noon, then the last unit should be sold by now...

No fish, Prawn also can.:lol:

LittlePig
July 16th, 2007, 10:14 AM
No fish, Prawn also can.:lol:

bro shctaw, i think you have prawns already ya? :lol:

shctaw
July 16th, 2007, 10:15 AM
bro shctaw, i think you have prawns already ya? :lol:


No vested :ohno: in :ohno: The Rochester. Too expensive as compare to One North Res.

LittlePig
July 16th, 2007, 10:28 AM
i know... no fish cos fish too expensive... prawn cheaper... :)

shctaw
July 16th, 2007, 10:38 AM
The Rochester is a big project with retail , hotel , residential etc. Anyone know the TOP date & legal completion date?

pinkcow
July 16th, 2007, 11:15 AM
top 2011.

today was only UE staff. stop circulating rumors that there are foreign workers queuing up ;p no such thing!

oh well.... next hotspot would be bukit timah according to my source.

In assumed order: Jardin (Fareast), Illoura (brisbane developer, dtz), Cascadia (allgreen, KF), Floridian (Wingtai+Fareast), Hillcrest (MCL), Unknown @ Shelford.

one to watch for is Floridian. tsk tsk. Cascadia sounds like a steel and concrete monstrosity thats going to be owned by every other local (5xx units).

Sam Sung
July 16th, 2007, 12:52 PM
Do you know the selling price for today soft launch?

Icez
July 16th, 2007, 02:39 PM
yes yes, please let us know icez... i think if only 1 unit left at noon, then the last unit should be sold by now...

no clue...several cars parked too...looks like nothing left as there wasn't a queue there around 7 plus...maybe all sold out?

pinkcow
July 16th, 2007, 03:31 PM
Do you know the selling price for today soft launch?

should be 1100-1300psf for own UE staff. not sure how much they ramped it up though

Sam Sung
July 16th, 2007, 04:04 PM
should be 1100-1300psf for own UE staff. not sure how much they ramped it up though
If it is only 1100-1300psf, it is understandable that all units were sold in one day.

Are you sure it is just 1100-1300psf?

LittlePig
July 16th, 2007, 05:11 PM
no clue...several cars parked too...looks like nothing left as there wasn't a queue there around 7 plus...maybe all sold out?

thanks for your update icez... i guess we'll have to wait till the media reports on this to really find out...

pinkcow
July 16th, 2007, 06:31 PM
As of monday, left under 50 units with no view or loft. Probably gone with Tuesday 2nd Wave of Developer VIP.

Developer Prices hit above 1600psf for very high floors.

wees8
July 16th, 2007, 06:48 PM
wow, 1600psf ... another new benchmark is set for that area. It will be interesting to see the URA's price indices for the coming Jul-Sep quarter.

easy
July 16th, 2007, 07:52 PM
just to update those who missed the action...

1. yes, there were indians queuing...they're paid
2. queue started since yester... tonight another queue too
3. 42 units left... 25 units stack 7 (studio) and 17 units soho units (8-11 storeys)
3. price range... 200psf between staff and vvip rate... launch prices... wide range of 1100-1450psf...
4. 500 peope crowd... exageerated lah... i think 100+ at most...

easy
July 16th, 2007, 08:15 PM
1. yes, there were indians queuing since last nite... paid... queue for mon started on sun, tonight (mon) the queue already up for tmr...those who gatecrashed cant book without invitation card.... name tally with registered guest list upon purchase...
2. the staff price and today' launch price about 200psf difference... launch prices wide range... 1100-1450psf... per floor difference 15k-20k
3. 42 units left, out of which 25 units stack 7 studios and 17 units lofts left only... lofts at at least 1400psf onwards... tmr sld see new rates
4. 500 crowd this morning?... exaggerated...maybe can fan up ue stock price... haha... i think only 100+
5. subsale likely to reach 1500-1700psf...basically we're playing with a different base these days...
6. those interested in subsale can buzz me...units avail..

Baby
July 17th, 2007, 04:57 AM
2. the staff price and today' launch price about 200psf difference... launch prices wide range... 1100-1450psf... per floor difference 15k-20k


Not fair ?

shctaw
July 17th, 2007, 04:59 AM
Not fair ?

Willing buyers.:) very willing sellers:lol:

Today one unit sub-sale in ST going at $1600. Durian drop liao.

Icez
July 17th, 2007, 05:01 AM
Willing buyers.:) very willing sellers:lol:

Today one unit sub-sale in ST going at $1600. Durian drop liao.

they shd have sold to open public...think they cld fetch even higher prices leh... > 1600 psf on average....

Baby
July 17th, 2007, 05:03 AM
1. yes, there were indians queuing since last nite... paid... queue for mon started on sun, tonight (mon) the queue already up for tmr...those who gatecrashed cant book without invitation card.... name tally with registered guest list upon purchase...


The media today reported no foreigners queuing....so the developers are telling lies to the media that there is no hiring of foreigner workers to queue for speculation purchases.

wees8
July 17th, 2007, 05:17 AM
The media today reported no foreigners queuing....so the developers are telling lies to the media that there is no hiring of foreigner workers to queue for speculation purchases.

Which media?

Icez
July 17th, 2007, 08:38 AM
The media today reported no foreigners queuing....so the developers are telling lies to the media that there is no hiring of foreigner workers to queue for speculation purchases.

past by there last night...they look more like local teenagers seated in a short maybe queuing for their VVVIPs. :)

kraxpot
July 17th, 2007, 09:22 AM
1. yes, there were indians queuing since last nite... paid... queue for mon started on sun, tonight (mon) the queue already up for tmr...those who gatecrashed cant book without invitation card.... name tally with registered guest list upon purchase...
2. the staff price and today' launch price about 200psf difference... launch prices wide range... 1100-1450psf... per floor difference 15k-20k
3. 42 units left, out of which 25 units stack 7 studios and 17 units lofts left only... lofts at at least 1400psf onwards... tmr sld see new rates
4. 500 crowd this morning?... exaggerated...maybe can fan up ue stock price... haha... i think only 100+
5. subsale likely to reach 1500-1700psf...basically we're playing with a different base these days...
6. those interested in subsale can buzz me...units avail..

I think you are talking nonsense.

There were at least 500 people there. The buying was frenetic. There was no space for parking in the carpark that people were parking illegally by the road.

All the 2,3,4 bedroom apartment have been sold. Only 1 bedroom and loft units left. Rates are 1200 to 1400 psf.

Obviously you are a housing agent and your main aim is to sell subsale units.

Icez
July 17th, 2007, 10:25 AM
any latest news? all sold? :nuts:

Sailover
July 17th, 2007, 01:49 PM
any latest news? all sold? :nuts:

I want to know too..:nuts:

shctaw
July 17th, 2007, 02:25 PM
I want to know too..:nuts:

My friend bought 1 unit 1300+ sq ft for $1200 psf. He says is for his teenage son.:lol:

$1.6 mio plus.

Icez
July 17th, 2007, 02:47 PM
My friend bought 1 unit 1300+ sq ft for $1200 psf. He says is for his teenage son.:lol:

$1.6 mio plus.

whoa good price. yr friend UE director / VVVIP / staff? :)

shctaw
July 17th, 2007, 03:09 PM
whoa good price. yr friend UE director / VVVIP / staff? :)

He did not got the best deal, his friend paid $1150 psf for a 3 bedder.
I ask but he did not says, I think more or less related with someone inside.:bash:

easy
July 17th, 2007, 06:52 PM
confirmed all sold today.. ue had a small party onsite this evening to celebrate this success

i was there almost whole day yester, i really didnt see a 500-people crowd.. if there were, they came and were gone... frankly, the premises outside cant accommodate a 500 load at one time leh..at least in my opinion

The buying was frenetic-true and the queue was slow moving cos the showroom is very small.... There was no space for parking in the carpark that people were parking illegally by the road - that's true too... cos the parking area is relatively small... even if i add up the cars, i dont think i reach 500 also...but if the carpark had been used for queuing, i think we can have a 500pax crowd ...maybe my sense of nos are not acute enough

All the 2,3,4 bedroom apartment have been sold -true Only 1 bedroom and loft units left. yup..Rates are 1200 to 1400 psf ... yup.. on average... though some exceeded 1400psf... and some got it for less than 1200psf

Obviously you are a housing agent ... yup...and your main aim is to sell subsale units...not really... actually, we're all strangers here... and there're many suppliers out there... and there're many ways to make money from property.. subsale of this project is only one of them... fyi there're plenty of clients whom we know by face and onsite who missed out and are keen on this project... so doing subsale here to strangers is secondary... just trying to cool things down by relating what i heard from the horses' mouth...

this is the purpose of the forum...friendly info sharing... *P ...

wees8
July 17th, 2007, 07:19 PM
easy,

thanks for the update.

Icez
July 18th, 2007, 01:53 AM
confirmed all sold today.. ue had a small party onsite this evening to celebrate this success

i was there almost whole day yester, i really didnt see a 500-people crowd.. if there were, they came and were gone... frankly, the premises outside cant accommodate a 500 load at one time leh..at least in my opinion

The buying was frenetic-true and the queue was slow moving cos the showroom is very small.... There was no space for parking in the carpark that people were parking illegally by the road - that's true too... cos the parking area is relatively small... even if i add up the cars, i dont think i reach 500 also...but if the carpark had been used for queuing, i think we can have a 500pax crowd ...maybe my sense of nos are not acute enough

All the 2,3,4 bedroom apartment have been sold -true Only 1 bedroom and loft units left. yup..Rates are 1200 to 1400 psf ... yup.. on average... though some exceeded 1400psf... and some got it for less than 1200psf

Obviously you are a housing agent ... yup...and your main aim is to sell subsale units...not really... actually, we're all strangers here... and there're many suppliers out there... and there're many ways to make money from property.. subsale of this project is only one of them... fyi there're plenty of clients whom we know by face and onsite who missed out and are keen on this project... so doing subsale here to strangers is secondary... just trying to cool things down by relating what i heard from the horses' mouth...

this is the purpose of the forum...friendly info sharing... *P ...

How's the showflat / fixture etc? TOP expected date is it 2011? :)

kraxpot
July 18th, 2007, 02:47 AM
confirmed all sold today.. ue had a small party onsite this evening to celebrate this success

i was there almost whole day yester, i really didnt see a 500-people crowd.. if there were, they came and were gone... frankly, the premises outside cant accommodate a 500 load at one time leh..at least in my opinion

The buying was frenetic-true and the queue was slow moving cos the showroom is very small.... There was no space for parking in the carpark that people were parking illegally by the road - that's true too... cos the parking area is relatively small... even if i add up the cars, i dont think i reach 500 also...but if the carpark had been used for queuing, i think we can have a 500pax crowd ...maybe my sense of nos are not acute enough

All the 2,3,4 bedroom apartment have been sold -true Only 1 bedroom and loft units left. yup..Rates are 1200 to 1400 psf ... yup.. on average... though some exceeded 1400psf... and some got it for less than 1200psf

Obviously you are a housing agent ... yup...and your main aim is to sell subsale units...not really... actually, we're all strangers here... and there're many suppliers out there... and there're many ways to make money from property.. subsale of this project is only one of them... fyi there're plenty of clients whom we know by face and onsite who missed out and are keen on this project... so doing subsale here to strangers is secondary... just trying to cool things down by relating what i heard from the horses' mouth...

this is the purpose of the forum...friendly info sharing... *P ...

I am sure there were at least 500 people around at any one time...but its a moot point isn't it? Fact is that everything's gone :(.

Anyhow, I agree that the forum's for info sharing, so cheers - no hard feelings

LittlePig
July 18th, 2007, 03:07 AM
easy, thanks for the update!

I wanted to go to Rochester Park for a drink last night but ended up pulling over at the site around 8+pm… saw a group of what I thought were agents and staff, gathered in 2 or 3 tents… didn’t know they were having a party and celebrating the sell-out.

A couple (of agents/staff) were talking just outside the site, along the road under the tree, they saw my car but didn’t approach me. Normally, agents will walk to your car and then the conversation will start…

Then it started to drizzle and it got heavier and I left, without even leaving the car to take a closer look.

Yes, the site is a little too small to accommodate 500 people at one go and there’s little parking space and I could still see some cars parked illegally along the road just outside the site last night.

shctaw
July 18th, 2007, 04:06 AM
I think with the current property market, people do not mind paying fines.

Sup.Sup Swee. A few hundred dollar fines against thousands of dollar in profit.:bash:

easy, thanks for the update!

I wanted to go to Rochester Park for a drink last night but ended up pulling over at the site around 8+pm… saw a group of what I thought were agents and staff, gathered in 2 or 3 tents… didn’t know they were having a party and celebrating the sell-out.

A couple (of agents/staff) were talking just outside the site, along the road under the tree, they saw my car but didn’t approach me. Normally, agents will walk to your car and then the conversation will start…

Then it started to drizzle and it got heavier and I left, without even leaving the car to take a closer look.

Yes, the site is a little too small to accommodate 500 people at one go and there’s little parking space and I could still see some cars parked illegally along the road just outside the site last night.

Icez
July 19th, 2007, 09:26 AM
any one got photos of The Rochestor's showflat, fixtures etc? Looks like focus was previously on xxxx psf etc :)

inkoherent
July 19th, 2007, 01:16 PM
I have a feeling this is specifically going to accelerate the launch and prices of The Parc at West Coast.

easy
July 19th, 2007, 02:41 PM
icez, why didnt u go yester... it was still open then... the brochure's too big to scan...

PreciseDrive
July 19th, 2007, 03:26 PM
I have a feeling this is specifically going to accelerate the launch and prices of The Parc at West Coast.


Botanika sale results will tell you if there is any impact.

I don't think so due to the difference in location.

Sailover
July 19th, 2007, 03:29 PM
Botanika sale results will tell you if there is any impact.

I don't think so due to the difference in location.


Bro, are you referring to Botannia?:lol:

PreciseDrive
July 19th, 2007, 03:59 PM
Bro, are you referring to Botannia?:lol:


Pai sia! Pai sia!
Yes!
they are heaven and earth!

Yes, I mean Botannia.

Icez
July 19th, 2007, 04:00 PM
icez, why didnt u go yester... it was still open then... the brochure's too big to scan...

will drop by and check out..

easy
July 19th, 2007, 04:22 PM
yester sld be the last day

LittlePig
July 19th, 2007, 04:27 PM
Pai sia! Pai sia!
Yes!
they are heaven and earth!

Yes, I mean Botannia.

You are not alone PD... I still get konfused by the two names all the time...

What I do now is I'll confirm by asking... sorry, but are you referring to the one in West Coast?

It works all the time :)

PreciseDrive
July 19th, 2007, 04:38 PM
You are not alone PD... I still get konfused by the two names all the time...

What I do now is I'll confirm by asking... sorry, but are you referring to the one in West Coast?

It works all the time :)


Yes, Botannia in West Coast.

My point is we will know whether The Rochester success have any impact on West Coast condos by judging Botannia sale in the next few days. If Botannia sale improve, then The Parc At West Coast will launch at higher prices.

One-North Residences will definitely benefit from The Rochester success.

Icez
July 20th, 2007, 02:51 AM
yester sld be the last day

so fast, they should keep it open for people to view & then buy from sub-sale :P

Sharkie
July 20th, 2007, 11:56 AM
went down during lunch time, cant even get a brochure. agents gave excuses of reserving brochures for penthouse buyers blah blah blah.

:down: their attitude sucks.

Sam Sung
July 20th, 2007, 03:57 PM
Now, I really want to see the subsales market price.

easy
July 20th, 2007, 06:51 PM
subsale depending on the stacks... transactions mostly 1450psf for low and 1550-1600psf for high... some random ones going for 1400psf...usually at least 200psf above purchase price...

Sam Sung
July 20th, 2007, 06:58 PM
subsale depending on the stacks... transactions mostly 1450psf for low and 1550-1600psf for high... some random ones going for 1400psf...usually at least 200psf above purchase price...
Do you mean these are transacted prices or just asking prices?

I guess there have not been any subsales transactions up to now as it was only a couple of days since the soft launch.

easy
July 20th, 2007, 06:58 PM
oops... i think, like all agents, they're reserving them for subsale presentation... anyway, if u really need one, i can spare u one set... if u simply wana take a look at a specific floor plan, pm me and i can zap and scan in for u to explore ... if any of the moderators is keeping a master library database of all newly launched projects, i can donate a set there too...

easy
July 20th, 2007, 07:01 PM
yup subsales done already... but not in public caveat yet... only agents who are actively working on this project (subsale-wise) will hear about it...or those worked on these deals themselves...

Sharkie
July 21st, 2007, 11:01 AM
hi easy, thx for the offer. dont think i need a brochure or any info right now. :cheers: sharkie

Icez
July 21st, 2007, 01:22 PM
hi easy, thx for the offer. dont think i need a brochure or any info right now. :cheers: sharkie


just walk into showflat...got 1 this evening while they were closing.... :)

Sam Sung
July 21st, 2007, 04:06 PM
yup subsales done already... but not in public caveat yet... only agents who are actively working on this project (subsale-wise) will hear about it...or those worked on these deals themselves...
I saw a lot of subsales ad in today's ST classified post - most of them are asking 1500-1600psf.

If there are real transaction at this price level, the 1st owners can make a lot of profit in 1 week.

arthur
July 22nd, 2007, 05:12 AM
I saw a lot of subsales ad in today's ST classified post - most of them are asking 1500-1600psf.

If there are real transaction at this price level, the 1st owners can make a lot of profit in 1 week.are there anymore projects going to be launch in one-north zone?

Sailover
July 22nd, 2007, 09:55 AM
are there anymore projects going to be launch in one-north zone?

Dun think so bro....

Baby
July 22nd, 2007, 11:10 AM
Rochester is the most expensive condo in the West. (from Outrum to West onwards ) ! If there is no new launch within the proximity, the subsales of $1500-1900 psf can only make sense if the whole Singapore property market continue to go steep up like the past 3 months. I think the big winner is One North here.

Sailover
July 22nd, 2007, 11:42 AM
Rochester is the most expensive condo in the West. (from Outrum to West onwards ) ! If there is no new launch within the proximity, the subsales of $1500-1900 psf can only make sense if the whole Singapore property market continue to go steep up like the past 3 months. I think the big winner is One North here.


Seriously at that price, I doubt the subsale will move. Those who've bought are taking big risk.:bash:

Cafe Bloc
July 23rd, 2007, 02:12 AM
paying in excess of 1000psf to 1400psf in buona vista area is seriously mind boggling and for a leased-hold 99 yrs condo is very brave for any investors out there.

is the biopolis really tat sucessful? attracting a lot of high paying expats and scientists working there? I know for sure the famous seetoh (makansutra man) food court there having lesser and lesser stalls - sign of small tenants inside biopolis?

with tat kind of money, i would rather invest in holland area, project like the cornwall with it freehold and balinese theme probably have greater investment than these new condos around buona vista.

and again the IR was being marketed as one plus point for condos in buona vista......amazing

Icez
July 23rd, 2007, 02:38 AM
paying in excess of 1000psf to 1400psf in buona vista area is seriously mind boggling and for a leased-hold 99 yrs condo is very brave for any investors out there.

is the biopolis really tat sucessful? attracting a lot of high paying expats and scientists working there? I know for sure the famous seetoh (makansutra man) food court there having lesser and lesser stalls - sign of small tenants inside biopolis?

with tat kind of money, i would rather invest in holland area, project like the cornwall with it freehold and balinese theme probably have greater investment than these new condos around buona vista.

and again the IR was being marketed as one plus point for condos in buona vista......amazing

think the holland area are commanding much more the price range asking / paid for the rochester now :)

Maverick713
July 23rd, 2007, 03:39 AM
Rochester is the most expensive condo in the West. (from Outrum to West onwards ) ! I think the big winner is One North here.
I think in property lingo, it can be said that One Rochester has become the "neighbourhood hero" ...

shctaw
July 23rd, 2007, 03:47 AM
I think in property lingo, it can be said that One Rochester has become the "neighbourhood hero" ...

We can also call in Maverick in that area.:lol:

I love The Rochester so much. The project help to push up the price of One North Res. so much that I cannot thank it enough.

nav14
July 23rd, 2007, 04:05 AM
We can also call in Maverick in that area.:lol:

I love The Rochester so much. The project help to push up the price of One North Res. so much that I cannot thank it enough.

This is a classic example of a project which helped its neighbouring projects but itself will go into the doldrums and get stuck there for a long time with no one other project to help it for quite some time. Most investors in One Rochester will have to wait some time before they make good money. For that kind of price I might as well top up a bit more and get a poor facing unit at The Sail.

All those buying sub-sale units at One Rochester are taking a big gamble. There are much better projects where money can be made more easily.

LittlePig
July 23rd, 2007, 04:10 AM
This is a classic example of a project which helped its neighbouring projects but itself will go into the doldrums and get stuck there for a long time with no one other project to help it for quite some time. Most investors in One Rochester will have to wait some time before they make good money. For that kind of price I might as well top up a bit more and get a poor facing unit at The Sail.

All those buying sub-sale units at One Rochester are taking a big gamble. There are much better projects where money can be made more easily.

Dude, you shouldn't top up a bit more to get a poor facing unit at The Sail... the dirty bomb can detonate anytime... :lol:

nav14
July 23rd, 2007, 04:14 AM
Dude, you shouldn't top up a bit more to get a poor facing unit at The Sail... the dirty bomb can detonate anytime... :lol:
That is advice for potential buyers of One Rocchester. For myself I am starting to look at land on mountains near major US cities.LOL.

LittlePig
July 23rd, 2007, 04:18 AM
That is advice for potential buyers of One Rocchester. For myself I am starting to look at land on mountains near major US cities.LOL.

Cool!! I'd love to own a piece of real estate in the highlands... nice clean and fresh air... and I can go skiing in winter... one of my favorite sports! :banana:

shctaw
July 23rd, 2007, 04:50 AM
Cool!! I'd love to own a piece of real estate in the highlands... nice clean and fresh air... and I can go skiing in winter... one of my favorite sports! :banana:

Genting Highland Can?:lol:

LittlePig
July 23rd, 2007, 04:52 AM
Bro, Genting Highland no snow cannot ski... :)

shctaw
July 23rd, 2007, 05:23 AM
Bro, Genting Highland no snow cannot ski... :)

http://www.youtube.com/watch?v=S8LwKCSRuZQ

Who says cannot. Watch the video.:lol:

W204
July 23rd, 2007, 09:04 AM
Yes, Botannia in West Coast.

My point is we will know whether The Rochester success have any impact on West Coast condos by judging Botannia sale in the next few days. If Botannia sale improve, then The Parc At West Coast will launch at higher prices.

One-North Residences will definitely benefit from The Rochester success.

Hi all,

Sorry I had to ride on this thread as I couldnt start a new thread (something abt it pending admin approval) I have an agent pitching The Parc to me but I'm not sure if its still a good time to enter the market? He told me it will be in the region of $800-900 psf. What do u guys think? Drove past the area and saw some billboard advertisments about `new concept of living'

Any comments appreciated. Thx!

Maverick713
July 23rd, 2007, 11:39 AM
so fast, they should keep it open for people to view & then buy from sub-sale :P
Just went there this afternoon .... last unit of 2-bedder left but very expensive. Showroom might close by the end of this week once this last one is a goner.

Sailover
July 23rd, 2007, 01:06 PM
This is a classic example of a project which helped its neighbouring projects but itself will go into the doldrums and get stuck there for a long time with no one other project to help it for quite some time. Most investors in One Rochester will have to wait some time before they make good money. For that kind of price I might as well top up a bit more and get a poor facing unit at The Sail.

All those buying sub-sale units at One Rochester are taking a big gamble. There are much better projects where money can be made more easily.

Exactly...:nuts:

Icez
July 26th, 2007, 05:11 AM
Exactly...:nuts:

any subsales done so far? @ what price? :P

Allianz
July 26th, 2007, 06:47 AM
hi guys,

I'm new here but i'm just wondering if the exact name of this project is "One Rochester Park" or "The Rochester"? I'm pretty confused as there are these 2 existing projects. Btw anyone knows the website to this project?

These are really some burning questions like wat's this 15billion government project all about? I read thru the entire thread but couldn't understand much at all. And I heard there is a mall coming up too and wat's really so hot abt this place?

Where exactly this project is located? I couldn't find on street directory too.

Any reference that I can read up? Any help appreciated! Thanks! :)

PreciseDrive
July 26th, 2007, 06:57 AM
hi guys,

I'm new here but i'm just wondering if the exact name of this project is "One Rochester Park" or "The Rochester"? I'm pretty confused as there are these 2 existing projects. Btw anyone knows the website to this project?

These are really some burning questions like wat's this 15billion government project all about? I read thru the entire thread but couldn't understand much at all. And I heard there is a mall coming up too and wat's really so hot abt this place?

Where exactly this project is located? I couldn't find on street directory too.

Any reference that I can read up? Any help appreciated! Thanks! :)

The Rochester.
One Rochester Park is the happening place next to it.

Allianz
July 26th, 2007, 12:20 PM
The Rochester.
One Rochester Park is the happening place next to it.

Wat u mean by happening place man? So The Rochester is the new project launched, rite?

PreciseDrive
July 26th, 2007, 12:25 PM
Wat u mean by happening place man? So The Rochester is the new project launched, rite?


No no, sorry!
A place for music, dine and wine! :cheers:

LittlePig
July 26th, 2007, 02:39 PM
maybe the next party should be held there :)

Allianz
July 27th, 2007, 03:40 AM
that's sound so cool. so this one rochester park is a shopping mall or wat? thks

wees8
July 27th, 2007, 04:32 AM
the website is at:

http://www.onerochester.com

Icez
July 27th, 2007, 04:40 AM
that's sound so cool. so this one rochester park is a shopping mall or wat? thks

check this video out which shares a bit of snippets of what is coming up at one north / bouna vista area, enjoy :P http://www.youtube.com/watch?v=HV3AqnrJ2uI

cool eateries @ one rochester park (car park full / pack every night) in a serene environment only 5 mins away from Holland VIllage....

easy
July 27th, 2007, 06:16 AM
drove past the site on wed, it was still open... those who've yet to see it can take a good peak ....... the makan ambience there will be better if it'd been more open.... more light and music may help...

Allianz
July 27th, 2007, 09:38 AM
the website is at:

http://www.onerochester.com

thanks man!:)

Allianz
July 28th, 2007, 05:56 PM
anyone have the site map of this project?

Sam Sung
July 29th, 2007, 07:03 PM
Has the developer already sold out the project?

Maverick713
July 30th, 2007, 04:01 AM
Has the developer already sold out the project?

Probably. When I was there last week, there was only 1 unit left.

Baby
July 30th, 2007, 04:11 AM
If want to buy, can wait for another month to see if anyone return to the developer if they cannot flip successfully :lol:

shctaw
July 30th, 2007, 08:25 AM
If want to buy, can wait for another month to see if anyone return to the developer if they cannot flip successfully :lol:

My friend flip one unit on the third day and make $300,000. I do not think there will be any return unit.

The developer will keep it for themselve if any buyers return their unit.

Baby
July 30th, 2007, 02:52 PM
My friend flip one unit on the third day and make $300,000. I do not think there will be any return unit.

The developer will keep it for themselve if any buyers return their unit.

Must be staff who got the unit cheap before the preview ?

landlubber
July 30th, 2007, 04:19 PM
Must be staff who got the unit cheap before the preview ?
I heard that some developers impose restrictions on units that are sold to staff, i.e. things like time restrictions on sub sales. Not sure if it's true of one rochester's developer though.

CT
July 30th, 2007, 06:29 PM
Mod: Just realised that actual name is The Rochester, wanna change not? Or maybe not? cos price is hotter than name?

shctaw
July 31st, 2007, 01:23 AM
Must be staff who got the unit cheap before the preview ?

No lah, my friend not staff lah, so old who will employ him. He so scare when he saw the price of $1200 psf. He sold the property with the help of a DTZ agent paying 2%.

With high reward , you get first priority. :lol:

He sold $1500 psf on Wednesday after buying on Monday. A cool $300,000++ profit. That is

$4166/hr pay.
Or $70/min or
$1.15/sec.

That is better pay than David Beckham.

spikeshamz
July 31st, 2007, 01:38 AM
I guess one rochester is a copy of what has been happening to most of all of these black and white bunglows. Parties has always been built around the houses in holland area and changi area but they have never been legalised by the government. An example is chip bee garden in holland village. Years ago, every weekend, throughs of parties were thrown from house to house. Now, every single b:w houses is copying the idea to transform into a $$ biz.

nav14
August 1st, 2007, 08:48 AM
If want to buy, can wait for another month to see if anyone return to the developer if they cannot flip successfully :lol:

If the stock market continues to behave like it is right now for a few more weeks, I am sure at least 5-10 units will be returned. Time for speculators to learn a lesson.

Baby
August 1st, 2007, 09:44 AM
If the stock market continues to behave like it is right now for a few more weeks, I am sure at least 5-10 units will be returned. Time for speculators to learn a lesson.

I think the US subprime mortgage issues seems to be enlarged and deepen affecting the global bank and fund. HSBC's profit was affected due to US subprime mortgage despite growth in Asia. The oil price is an issue as well.
Dr. Tony Tan spoke yesterday at GIC to the media on the concerns seem to have some impact to the Singapore market today despite the rally yesterday after Mah BT's govt' "light touch" assurance on the property market.

shctaw
August 1st, 2007, 11:39 AM
If the stock market continues to behave like it is right now for a few more weeks, I am sure at least 5-10 units will be returned. Time for speculators to learn a lesson.

Good. It will be a show of Financial Muscle among investors. The toughest survive.

Icez
August 1st, 2007, 12:07 PM
No lah, my friend not staff lah, so old who will employ him. He so scare when he saw the price of $1200 psf. He sold the property with the help of a DTZ agent paying 2%.

With high reward , you get first priority. :lol:

He sold $1500 psf on Wednesday after buying on Monday. A cool $300,000++ profit. That is

$4166/hr pay.
Or $70/min or
$1.15/sec.

That is better pay than David Beckham.

but David Beckham got many other matches planned ahead (whether his team wins or loses) and gets paid (wins) everytime.... while the above winning match only comes once in a long while for the above scenario? :P

rarewerks
August 2nd, 2007, 07:38 PM
Well the stock market has definitely lowered the confidence of the general population, but that doesn't mean the potential of SG's property market will be affected in the long run. (at least not for the next 12 months imo)

The Rochester's still a hit with many who adores the unique concept of modern living for the next decade.

That aside...

4 friends of mine have the following units for sale....and I am NOT an agent (meaning not qualified to represent a principal to a 3rd party)

1) 30-xx - 3brm
2) 29-xx - 3brm (facing a vast area of greenery and if your eyes can take you far without aid, you'll catch a glimpse of green-bluish waters, good enough luciferyangcovebay?)
3) 22-xx - 3 brm
4) 17-xx

Interested parties please email: rarewerksNOSPAM@gmail.com (remove NOSPAM)

luciferyang
August 2nd, 2007, 08:03 PM
Well the stock market has definitely lowered the confidence of the general population, but that doesn't mean the potential of SG's property market will be affected in the long run. (at least not for the next 12 months imo)

The Rochester's still a hit with many who adores the unique concept of modern living for the next decade.

That aside...

On hand I have 4 units for sale.

1) 30-xx - 3brm
2) 29-xx - 3brm (Sea facing)
3) 22-xx - 3 brm (Sea facing)
4) 17-xx

Range from 1550psf to 1780psf.

Interested parties please email: rarewerksNOSPAM@gmail.com (remove NOSPAM)

You got to be kidding! Sea-facing? You thought you are at Sentosa Cove or Marina Bay?

Why not sell as near the IRs? :lol:

shctaw
August 3rd, 2007, 02:21 AM
You got to be kidding! Sea-facing? You thought you are at Sentosa Cove or Marina Bay?

Why not sell as near the IRs? :lol:

:lol: :lol: :lol:

30 mins drive to anyway in Singapore too.

:lol: :lol: :lol:

Icez
August 3rd, 2007, 08:42 AM
You got to be kidding! Sea-facing? You thought you are at Sentosa Cove or Marina Bay?

Why not sell as near the IRs? :lol:

can...after seeing the lands first and then far out to the sea....and using binoculars :lol: