New Project Launch by Developer: The Wharf Residence



Developer: CapitaLand



Address: Tong Watt Road, off Mohd Sultan Road



Tenure: 999 years



TOP: March 2013



Site Area: 76, 956 sq ft



Plot Ratio: 3.8



Type of Development: 4 tower blocks of 10/14/15/23 Storey and 13 retrofitted houses



Total units: 186



Unit Mix:

2 bedroom: 1012 to 1130 sq ft, 110 units

3 bedroom: 1313 to 1733 sq ft, 54 units

4 bedroom: 2196 sq ft, 4 units

Penthouse: 2745 to 5565 sq ft, 5 units

Houses: 4478 to 4930 sq ft, 13 units



Estimated $1500+



Special Feature: Situated on high ground, there are 13 Vintage Houses conserved in their entirety, providing a pleasant contrast to the contemporary structure of the apartment blocks sitting behind.



Facilities: sky terrace on the 24th floor, with outdoor cooking pavilion, overlooking the breathtaking city skyline.



Apartment furnished with branded kitchen & appliances



Interest absorption & Stamp duty reimbursement.

http://i222.photobucket.com/albums/dd90/kwokarthur/Outlook-1.jpg

Interesting. Concept of conservation shophouses within project similar to Citylights.

Can developer tap on shophouse GFA to use for resi behind?

BTW CAPL clearing stock liao. Presentation said they want to see 1000-2000 units in 2008.

New Project Launch by Developer: The Wharf Residence



Developer: CapitaLand



Address: Tong Watt Road, off Mohd Sultan Road



Tenure: 999 years



TOP: March 2013



Site Area: 76, 956 sq ft



Plot Ratio: 3.8



Type of Development: 4 tower blocks of 10/14/15/23 Storey and 13 retrofitted houses



Total units: 186



Unit Mix:

2 bedroom: 1012 to 1130 sq ft, 110 units

3 bedroom: 1313 to 1733 sq ft, 54 units

4 bedroom: 2196 sq ft, 4 units

Penthouse: 2745 to 5565 sq ft, 5 units

Houses: 4478 to 4930 sq ft, 13 units



Estimated $1500+



Special Feature: Situated on high ground, there are 13 Vintage Houses conserved in their entirety, providing a pleasant contrast to the contemporary structure of the apartment blocks sitting behind.



Facilities: sky terrace on the 24th floor, with outdoor cooking pavilion, overlooking the breathtaking city skyline.



Apartment furnished with branded kitchen & appliances



Interest absorption & Stamp duty reimbursement.

http://i222.photobucket.com/albums/dd90/kwokarthur/Outlook-1.jpg

Will be interesting to see the take up of this project with prices starting above $1.5 mil for the smallest unit ... Any guess any one?

A look at the shophouses before theyre actually restored.

http://farm4.static.flickr.com/3147/2652151507_509f475698_o.jpg

http://farm4.static.flickr.com/3057/2652978910_72d8379dec_o.jpg

http://farm4.static.flickr.com/3020/2652979214_758a6da667_o.jpg

http://farm4.static.flickr.com/3176/2652980644_4bf10304a5_o.jpg

More pics of them here:

http://www.skyscrapercity.com/showthread.php?t=507080

eek...looks spooky. Haunted ? :devil:

LOL...looking at the growth of the tree...they have been abandoned for a LONG time...

better dig out history before buying them .......:lol:

Looks unique

today ST said at $1.5k to $1.9k psf, sales cannot move leh.

Showroom not at actual site.
IMO, showroom site is better :)
Actual site not much view.
Many people visited the show room over weekend.
Most sold were 2 bedders.
Price seem soften, after minus off stamp duty (absorb or reimbursed), equivalent to discount of 3%. Interest absorbed by Capitaland.
Shop houses not for sale yet.

Showroom not at actual site.
IMO, showroom site is better :)
Actual site not much view.
Many people visited the show room over weekend.
Most sold were 2 bedders.
Price seem soften, after minus off stamp duty (absorb or reimbursed), equivalent to discount of 3%. Interest absorbed by Capitaland.
Shop houses not for sale yet.
Actual site is definitely a cause for concern. The street is really narrow, almost like a back alley. 3.8 plot ratio makes the site quite congested, and it's situated between two major temples.

Where's the showroom?

I'm interested to see how they join the shophouses to the tower, since as mentioned the site is very narrow and long (for a condo)

Actual site is definitely a cause for concern. The street is really narrow, almost like a back alley. 3.8 plot ratio makes the site quite congested, and it's situated between two major temples.near temples good! can get free vegetarin food everyday!:lol::bash:

near temples good! can get free vegetarin food everyday!:lol::bash:
the shop houses might be interesting because you get condo facilities as well which you can't get for a standalone shophouse. But these are not released yet.

eek...looks spooky. Haunted ? :devil:

Check that out on 1 Aug...hahahaah....

hi, anybody visited yet?
what's the pricing indication..

thanks:cheers:

ai yoh....had already been to the showroom 2 weeks ago .......... not cheap, but can spoil the market a bit at River valley :lol:

Where's the showroom?

If you're travelling from River Valley road, the showflat is located along River Valley Grove, after Euro Asia CT just before Rivergate.

It's only open on weekend, weekdays close. :cheers:

It's showroom location is quite far from the actual site......and so much better than the actual site....so understand what this meant ? :lol:

It's showroom location is quite far from the actual site......and so much better than the actual site....so understand what this meant ? :lol:

Straight line distance is only about 300 or 400m apart. Can share why you think showroom location's better than actual site?

Actual site is nearer the mohamed sultan and robertson quay restaurants and pubs, and even clarke quay which is just across the river. I thought it's pretty charming too with the conservation houses.

I got a studio unit in Tong Watt Rd. Road very tight. Very near temple. Somehow I feel the place to be very pack and small.

Straight line distance is only about 300 or 400m apart. Can share why you think showroom location's better than actual site?

Actual site is nearer the mohamed sultan and robertson quay restaurants and pubs, and even clarke quay which is just across the river. I thought it's pretty charming too with the conservation houses.

Don't think the feng shui is good...if u know a bit of that....... 8 Rodyk very much better ( not vested )..... Wharf showroom has to be located so far away at Martin road opposite Robertson 100 ? Can build at Mohd Sultan Road what ?

There is a vacant land at Mohd Sultan Rd but I dont think the showflat was allowed there cos the land is for transit office.

http://www.ura.gov.sg/pr/graphics/2008/pr08-62a5.pdf

What would the shophouses be used as?

What would the shophouses be used as?
Residences. But the last i checked the shophouses are not released yet.

http://www.virtualhomes.sg/FileUpload/Project/2837/Images/a18.jpg

http://www.virtualhomes.sg/FileUpload/Project/2837/Images/a17.jpg

http://www.virtualhomes.sg/FileUpload/Project/2837/Images/a3.jpg

http://www.virtualhomes.sg/FileUpload/Project/2837/Images/a7.jpg

http://www.virtualhomes.sg/FileUpload/Project/2837/Images/a8.jpg

http://www.virtualhomes.sg/FileUpload/Project/2837/Images/floor_type%20a2c.jpg

http://www.virtualhomes.sg/FileUpload/Project/2837/Images/elevation.jpg

source from :
http://www.virtualhomes.sg/thewharfresidence

:)

The Wharf Residence re-launch at atrractive price.

Call or sms me for details. roger 97708558

Project details
Location : Tong Watt Road, off Mohamed Sultan Road
Tenure : 999years less 15 days from 1 July 1841
Developer : Leonie Court Pte Ltd (ROC No. 198904998H)
Site Area : 7,149.4 sq m (76,956 sq ft)
Plot Ratio : 3.8
Total units : 186 units
(173 units + 13 retrofitted houses)
Expected TOP date : 31 March 2013
Expected Legal Completion Date: : 31 March 2016
Product Details
Project Description : 4 tower blocks of 10/14/15/23 storey and 13 retrofitted houses
Unit mix : Areas given below are estimates only.
Unit Description Type Strata Area (Sqm) Strata Area
(Sq Ft)
No. of
Units
2 bedroom 94 - 100 1,012 - 1,076 109
2 bedroom w/pes
A
108 1,163 1
3 bedroom 122 - 143 1,313 - 1,539 53
3 bedroom w/pes
B
161 1,733 1
4 bedroom C 205 2,207 4
Penthouses D 255 - 517 2,745 - 5,565 5
Houses Houses 416 - 458 4,478 - 4,930 13
Total units 186
Ceiling Height : Generally 2.95M except areas with false ceiling
Recreational Facilities : Outdoor cooking pavilion and Spa pool at roof terrace
Spa pool
Lap pool
Children’s Pool
Gymnasium
Function Room
Barbeque Area

it was overpriced previously.

revised price range how much???

Guide price: 2br < $1.2m,
3br < 1.75m.

BTW, launch postpone.....

Guide price: 2br < $1.2m,
3br < 1.75m.

BTW, launch postpone.....

Flanked by 2 temples, not much view to speak off. To ask for $1,200 psf is akin to asking for the sky. Since capitaland managed to get rights fully subscribed, should just sit on the cash and wait for better days then launched.

If wanna launch now, set price at $800 psf. Bet it will be a sell-out. If not, might as well wait for Rivergate to tread lower.

So sad.. we don't have many such huge residential old rowhouses here.. and some of the last are now this condo devt.

Can anyone confirm the maintenance for this?

http://farm3.static.flickr.com/2532/4132902341_518d5eb1c4_b.jpg
taken 25/11/2009

http://farm3.static.flickr.com/2682/4132911857_503b1a7d54_b.jpg
25/11/2009

http://farm3.static.flickr.com/2768/4132908975_68c2c3645a.jpg

https://www.wharfresidence.com.sg/pres/SiteSnapshot/images/OCT2009.JPG

Can anyone confirm the maintenance for this?
What's the maintenance?

How many units and which types are left?

this one if you don't mind about fengshui.....i'll never buy because i'm very superstitious.

^^ Baby, what's wrong with the fengshui?

Sandwich between temples lah....
^^ Baby, what's wrong with the fengshui?

Actually its not that bad from a fengshui perspective. Many ways to explain it. One way is to look at your bazhi (8 characters) and determine which of the 5 elements is lacking or at its weakest. Taoist temples have lots of smoke because of the incense it burns so that means lots of the element Fire. If you lack Fire, staying near Fire element will boast up that element and with it, your luck.

And from a very good agent friend of this forum - many expats actually LIKES it - the chanting (in Buddhist temples) they hear are said to have a calming effect on them! I'm serious!

Sandwich between temples lah....
I thought it was sandwiched between Robertson Edge / Vivace and Waterford Residence?

I thought it was sandwiched between Robertson Edge / Vivace and Waterford Residence?

Bigger sandwich.... look further down

This project was launched at the beginning of the property upturn, so it was priced modestly, i believed it went down to $10xx psf? Whoever grabbed it then are lucky, now should be asking for $1500psf and above?

Some recent photos:

http://i198.photobucket.com/albums/aa291/sonofadude/IMG_0945.jpg

http://i198.photobucket.com/albums/aa291/sonofadude/IMG_0948.jpg

http://i198.photobucket.com/albums/aa291/sonofadude/IMG_0949.jpg

http://i198.photobucket.com/albums/aa291/sonofadude/IMG_0952.jpg

great update. taken from Roberston edge I guess. There is another smaller project beside the roberston edge Vivace or something seem quite quiet.

great update. taken from Roberston edge I guess. There is another smaller project beside the roberston edge Vivace or something seem quite quiet.
By the end of January, 34 of the total 85 were sold.

Someone told me a 2-bedder in The Wharf Residence has just been sold at $2,450 psf.

Someone told me a 2-bedder in The Wharf Residence has just been sold at $2,450 psf.


wow........ now comes the 2000psf mark for RV...

I would think the S$2450 was transacted during the first launch a few years back
There are still plenty of units out there asking for 1500psf

I would think the S$2450 was transacted during the first launch a few years back
There are still plenty of units out there asking for 1500psf
The unit was just sold. Its caveat is not lodged yet.

wow........ now comes the 2000psf mark for RV...
Someone bought a Vivace unit at $2,111 psf in October last year.
Vivace is next to The Wharf Residence.

Someone bought a Vivace unit at $2,111 psf in October last year.
Vivace is next to The Wharf Residence.

The Espada at St Thomas area is going for over $2,300psf. If I remember correctly, sometime around the 3rd quarter of last year, a forumer predicted that the RV area will reach the $3K+ psf by 2011. I thought it was impossible then. Now, it looks like a conservative estimate. Sigh ...

Well RV area is quite big...

anyway u never noe. another crash might come in 2011? hah hah

I would think the S$2450 was transacted during the first launch a few years back
There are still plenty of units out there asking for 1500psf

Ya...wharf seems undervalued now but hopes things get better when nearer to TOP...my family members got a unit there when they slashed down their price...the agt hf to queue there at 7am tat time..feels like Great Sg Sale tat time..Whr got RECESSION!

Ya...wharf seems undervalued now but hopes things get better when nearer to TOP...my family members got a unit there when they slashed down their price...the agt hf to queue there at 7am tat time..feels like Great Sg Sale tat time..Whr got RECESSION!

congrads so u are one of those lucky few who bought at 950?

The Espada at St Thomas area is going for over $2,300psf. If I remember correctly, sometime around the 3rd quarter of last year, a forumer predicted that the RV area will reach the $3K+ psf by 2011. I thought it was impossible then. Now, it looks like a conservative estimate. Sigh ...
Espada seems hot too.

Someone bought an Espada unit at $2,771 psf in January this year.

Espada seems hot too.

Someone bought an Espada unit at $2,771 psf in January this year.

Sorry.. mix up ESPADA with another project..

there is other older projects ard killiney area which look interesting

I would think the S$2450 was transacted during the first launch a few years back
There are still plenty of units out there asking for 1500psf
$1,500 psf?

Why not look at Aspen Heights which is around 12 years old? It is just right next to The Wharf Residence.

One 2,691sqft unit at Aspen Heights was transacted at $1,450 psf on 28 December last year. Now, 3 months later, the price may have increased by just a bit. I think it may still be within your $1,500 psf target.

$1,500 psf?

Why not look at Aspen Heights which is around 12 years old? It is just right next to The Wharf Residence.

One 2,691sqft unit at Aspen Heights was transacted at $1,450 psf on 28 December last year. Now, 3 months later, the price may have increased by just a bit. I think it may still be within your $1,500 psf target.


U got claremont done at 1300psf, EuroAsia, Kim Yang Heights... 1350psf

congrads so u are one of those lucky few who bought at 950?

Hmm..Not me leh, but still feels happy for them lah..:lol:

Its not 950psf...not so so low wor...ard 1200psf (high flr 2bedder) :). At tat time we haf been eyeing this project which is seling for 1500-1600psf and we keep pestering the agents how come recession nvr slash down prices..:lol:

But still better den vivace 2kpsf+++ now for MM units with small dipping pool.:ohno: Misleading ppl to enter at so called affordable pricing of 800k+

Many HDB upgraders dun even noe what and how to calculate PSF! They jus buy based on price quantum and perceived rental yield....Guess to haf to learn thru the hard way :nuts:

U got claremont done at 1300psf, EuroAsia, Kim Yang Heights... 1350psf
I can help you bring out a list of apartments that are lousier than the iconic Aspen Heights condo. Since they serve no purpose in our discussion of The Wharf Residence's $2,450 psf, I will not go down that route.

Ya right.

Lets do not compare older developments with newer ones..Its neverending..Even now new launches r priced 10-20% higher den those who jus launched 1-2mths ago...Now we r in a bull run (duno fake bull or wat) hhh

Maybe if really interested, sm1 can start a new thread on 'value buy on older developments'

No, I mean if you look at propertyguru, there are still plenty of units of The Wharf Residences marketing at around 1500psf

No, I mean if you look at propertyguru, there are still plenty of units of The Wharf Residences marketing at around 1500psf
The best test is to make them an offer and see if they are willing to sell their units to you at $1,500 psf.

The best test is to make them an offer and see if they are willing to sell their units to you at $1,500 psf.

all depends if u are asking the big units or smaller units. the studio some buyers paid 1600psf in the initial launches.... larger units better chance to get 1500psf I guess. but top in 2013 so owners are not in a hurry to offload unless price is good.

The plot is big over there and is so near to the livelyness at The roberston walk. The 2 other projects Vivace ( so small and right at temple side) the waterxxx is also beside the temple... so for that stretch I guess The wharf is best positioned. also the converse hse infront do add some character to the place.

my colleague sitting next to me is selling hers at 1500psf and the highest offer she gets so far is 1450psf for a high floor 2beder.
But I can bet you a lunch that if you offer 2000psf, you might be able to buy up the whole development

aiyo, wharf residences ard 1500psf quite reasonable lor for high flr somemore...got holding power hoot lor since got martin residences, vivace on so on to support the price..Near to TOP, mabe can fetch above 1.8kpsf leh..If crisis, at most drop to 1300psf...i tink only hor..

A unit at The Cosmopolitan was transacted at $2,000 psf on 22nd February this year.
Anyway, The Cosmopolitan is already at $2,000 psf last month.

Current status... for Wharf... seems long way to go.


http://lh6.ggpht.com/_bA2VdeNaBTo/TEVGug-GNII/AAAAAAAAGMo/bGDWDo4ubZo/s800/JUNE2010.JPG

The unit was just sold. Its caveat is not lodged yet.

Its been 3 mths. I dont see the caveat in URA leh.....

https://www.wharfresidence.com.sg/pres/SiteSnapshot/images/OCT2010.JPG