Waterfront Isle: Our sales figure yesterday was over reported!

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The wife and I ran a post yesterday saying that 133 units of Waterfront Isle was sold as of 9pm yesterday.

The correct number should be 125. We apologize for the over reporting.

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Hot off News 5 Tonight: 133 units of Waterfront Isle sold.

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It was reported in the news tonight that as of 9pm, Far East/Fraser Centrepoint have sold 37 of the 59 new units launched today.

This has increased the number of units sold at Waterfront Ise to 133, out of the 191 units in total that have been launched so far.

Looks like the developers' gamble to launch more new units during the Chinese New Year holiday period has paid off this time...
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District 19 is now seond-most popular!

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At least in 2010 anyway, as reported in the ST today.

The perennial issue that the wife and I have with District 19, especially new condo developments located in Lorong Chuan, Hougang and Serangoon, is the traffic condition along the CTE. Not only is traffic heavy on this expressway, the jams (in our opinion) is also the most unpredicable amongst all the expressways.

One can always argue that you can make use of the peripheral roads to get around, but the CTE is still the shortest link for those heading to the CBD and City area. And with the impending construction of the North-South Expressway and once these new projects start to TOP, we expect the traffic situation along the CTE to be even worse...

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Gong Xi Fa Chai!

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Sales status: Waterfront Isle

The BT today reported that Far East Organization and Frasers Centrepoint have sold 88 (Fatt Fatt.. how prosperous!) units in their 561-unit Waterfront Isle development in the Bedok Reservoir area over the last few days.



The developers released 132 units in the 99-year leasehold project at a preview which started on Jan 28. Of these units, 88 units (67%) have been sold at an average price of $920psf.

Waterfront Isle will be officially launched on Feb 5, the third day of Chinese New year.

Far East Organization, which is marketing the project, said prices will start from $575,000 for a one-bedroom apartment – excluding an additional 5% cost which will be returned to buyers in the form of furniture vouchers once the development obtains its TOP in 2015.

Including the extra cost for the vouchers, prices at the project will start from $605,000.

Far East said that the furniture vouchers were being given to “build a stronger base of long-term buyers”.

Waterfront Isle is the last project in the Waterfront Collection, a master-planned joint venture development between Far East and Frasers Centrepoint. The entire collection comprises four development fronting Bedok Reservoir.

Units in the first three projects in this master-planned development are mostly sold. Waterfront Waves is 100% sold, Waterfront Key is more than 85% sold and Waterfront Gold is more than 75% sold.

Singaporeans and permanent residents make up 80% of the buyers of Waterfront Isle. About half of the buyers are residents now living in the east in estates such as Bedok and Tampines, Far East said.

The wife and I have previously said that Waterfront Isle is solely developed by Far East – we now stand corrected.

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