Thomson Grand (4-bedroom showflat photos)

After a hiatus of more than a month, the wife and I resumed our showflat visit at Thomson Grand. This is the much publicised 99-year leasehold project by Hong Kong developer Cheung Kong Holding located along Upper Thomson Road.

Here are the photos we took of the 4-bedder (Type C) showflat. We will post our thoughts on the project once we are done composing.

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The Real Deals (September 2011)

It's been months since the wife and I last looked at Kim Eng's "The Real Deals".

Here are the research articles for the month of September for those who are interested. And especially for EK, there's a write-up on potential rental yield for Clover By The Park in their latest article.

Click below for "The Real Deals" (29-09-2011):
http://www.scribd.com/fullscreen/67247219?access_key=key-x7vajjvc6swz7tgp0gh

Click below for "The Real Deals" (22-09-2011):
http://www.scribd.com/fullscreen/67247890?access_key=key-184phgf5605mw4uo6mxw

Click below for "The Real Deals" (15-09-2011):
http://www.scribd.com/fullscreen/67247989?access_key=key-2jcg1zvgii6uanvsx347

Click below for "The Real Deals" (08-09-2011):
http://www.scribd.com/fullscreen/67248175?access_key=key-sqwfjtvojql3wer9onc

Click below for "The Real Deals" (01-09-2011):
http://www.scribd.com/fullscreen/67248370?access_key=key-1af9k1cxitpq16amxx7n

Our sincere thanks to Kim Eng Research for sharing.

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First look at CapitaLand's upcoming project at Bishan Central

This video has been circulating for a few weeks now. It depicts the upcoming condominium project at Bishan Central, which is jointly developed by CapitaLand Residential Singapore and Mitsubishi Estate Asia.


Located on a 129,137sqft site that is near to the Bishan MRT Station, the condominium project will comprise approximately 500 apartments across two 38-storey towers.

Following the launches of CapitaLand's two other condo projects that were designed by world renowed artchitects - The Interlace (Ole Scheeren) and d'Leedon (Zaha Hadid), the project at Bishan Central will be designed by another renowned international architect and urban planner, Moshe Safdie.

Mr. Moshe Safdie is no stranger to Singapore - he had worked on a few projects in the country since the 70s. Two condominiums - Ardmore Park and The Edge on Cairnhill - were designed by this superstar architect. He also worked with the Urban Redevelopment Authority (URA) and Housing Development Board (HDB) on the planning of Sengkang new town. Mr. Safdie is also the designer of Marina Bay Sands.

The 71-year-old, who is currently based in Boston, is known for his groundbreaking residential piece titled Habitat '67 - a complex cellular residential project that features building blocks placed on top of one another. This masterpiece propelled him onto the world stage and he has since worked on numerous projects around the world, such as the national musuem of the Sikh people in Punjab, India and Mamilla Alrov Centre, an urban centre near the old City in Jerusalem, just to name a few.

CapitaLand Residential Singapore acquired the 99-year leasehold site at Bishan Central for $550.1 million in February 2011. Design and development works are in progress and the condominium is targeted to be launched in the first half of 2012.

The breakeven price for this project is expected to be around $1,300psf and selling price is said to be upwards of $1,450psf.

Enjoy the video!



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New project info: Riviera 38 to preview next Thursday!

Robert Kuok’s Singapore property unit Allgreen Properties will preview on Thursday next week a 102-unit development at Mar Thoma Road near Toa Payoh/Bendemeer area.

The 999-year leasehold Riviera 38 will have a range of unit sizes, strating from 452sqft for a one-bedroom apartment to 1,980sqft for a penthouse with three-bedrooms and a private swimming pool.

Allgreen says absolute unit prices will start from about $530,000 for a 452sqft one-bedder on the seventh floor. The developer has yet to finalise pricing, but word on the street is that the average price indication being given to prospective buyers is about $1,200psf. A property agent not involved with marketing the project told BT that an “average price of about $1,100-1,200psf would be reasonable”.

Riviera 38 will have 20 one-bedders and another 21 one-bedroom-plus-study units. The remaining units in the development are two-bedders, two-bedroom-plus-study units, three-bedders and penthouses.

DTZ is the sole marketing agent for the project, which will be developed on the former Hup Cheong Mansion site.

Riviera 38 will have a single tower of 27 storeys. Apartments will start from the sixth floor. Facilities in the project will include an infinity-edge swimming pool, children’s pool, jacuzzi, children’s play area, barbecue pavilion, gym and function room.

Source: The Business Times

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We did say it's too good to last...

Reference: "3-month Sibor on the rise amid market turmoil" - The Business Times


Some of you may think to yourselves: even with SIBOR at 0.5%, the interest rate is still way to cheap to pass over on that THIRD investment property. Didn't KF said just yesterday that private home prices will continue to go up?!

Well, good luck with that...

Click below to read our previous post on the anticipated rise in interest rates:
http://sgproptalk.blogspot.com/2011/09/interest-rates-to-go-up-in-6-months.html

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