New project sales status: Parc Rosewood, Guillemard Edge & Bartley Residences etc

Home sales over the past week stayed strong, with few signs of the expected declines brought about by December’s property measures.

Parc Rosewood
Parc Rosewood at Woodlands has moved 55 more units since Monday last week, bringing total sales at the 689-unit project to 565. Prices have averaged $1,000psf.

Guillemard Edge
Macly Group’s Guillemard Edge in Geylang has nearly sold out. Last week, the developer reported sales of more than 230 units. Since then, about 40 units have been sold with prices ranging between $1,180psf to $1,250psf.

Bartley Residences
Hong Leong Group is understood to have sold about 160 units at Bartley Residences since Tuesday last week. the average price after discounts is $1,240psf.

In addition, 917 of the 992 units at Watertown have been taken since sales began in January. As for The Hillier, 446 of the 528 units have found takers, while the 748-unit euHabitat has seen 651 units being snapped up.

Source: The Straits Times & Business Times

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Weekend sales staus: The Luxurie, The MeyeRise, EuHabitat etc

The Luxurie
This 99-year leasehold project by Keppel Land in Sengkang has sold 180 of the 220 units launched since its preview launch on Aug 26, at an average price of $980psf. The penthouse and ground-floor units are fully sold.

When completed in 2015, The Luxurie will comprise 622 apartments, ranging from one to four-bedroom units as well as penthouse units. Most are two- and three-bedders.

The Luxurie’s pricing is similar to that of neighbouring mass-market development H2O Residences by City Developments, but its proximity to Sengkang MRT and bus interchange makes The Luxurie more attractive, said DMG and Partners Research. The Sengkang Public Library and Community Hub are also nearby, as are CHIJ St Joseph’s Convent and Rivervale Primary.

Comparable projects in the area include Kovan Residences, located along Kovan Road, which had a recently transacted price of $1,180psf; and Boathouse Residences, located along Upper Serangoon Road, which was recently transacted at $880psf.

The MeyeRise
The freehold development by Hong Leong Holdings in Meyer Road has racked up about 80 sales since its preview started last Friday. Singaporean and permanent residents comprised about 90% of all buyers. The project in District 15 has 239 units, a mix of two-bedroom, three-bedroom, four-bedroom and penthouse units. The average price was $1,950psf, with three-bedroom units the most popular among buyers – nearly half the units sold were three-bedders. Unit prices ranged from $1,400 to $2,540psf.

The MeyeRise is minutes away from Parkway Parade and Katong Shopping Centre, with Playground@Big Splash and East Coast Park also nearby.

EuHabitat
There were 24 units shifted at EuHabitat in Jalan Eunos over the weekend, bringing the total number of sales to 472 out of the 548 apartments available.

Prices range from $880 to $1,200psf.

Boathouse Residences
Another 20 homes were sold at Boathouse Residences in Upper Serangoon over the weekend.

Source: The Straits Times/Business Times 
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euHabitat: 37 more units sold

Far East has sold 37 more units at euHabitat at Jalan Eunos between Wednesday and Sunday, taking total sales to 218 units. The property giant has released 346 of the 748 units in the project. Prices start from $541,000 for a 538sqft one-bedroom suite.

Source: The Business Times

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euHabitat: 181 units sold in the first week!

Property developer Far East Organization has sold 181 units of its 748-unit euHabitat during a preview of the residential development.

euHabitat, located on a site spanning 444,000sqft, is being jointly developed by Far East and Orchard Parade Holdings.

Located at Jalan Eunos, the 99-year residential development comprises suites, condominium apartments, SOHO units and four-storey townhouses with a roof terrace and a basement.

Prices start from $541,000 for one-bedroom suites (538sqft); $593,000 for a one-bedroom SOHO-style apartment (517sqft); $918,000 for a two-bedroom condominium apartment (1,012sqft); and $2.94 million for townhouses (3,380sqft).

“We are happy with the strong take-up during the preview. euHabitat enjoys a prime location in an area that is rapidly transforming,” said Far East’s chief operating officer (property sales) Chia Boon Kuah. “With the strong interest that we continue to see in euHabitat, we will be bringing forward the official launch of the development to Aug 19.”

Close to 70% of the buyers were Singaporeans and permanent residents. 52 out of the 181 units sold were one-bedroom suites. The one- and two-bedroom SOHO units also registered interest with 39 units sold. Aimed at young professionals, the SOHO apartments have floor-to-ceiling heights of about 3.4 metres while the ground-floor units have a floor-to-ceiling height of 5 metres.

Meanwhile, 20 units of the one-bedroom apartments were sold, as were 34 units of the two-bedroom apartments, 25 units of the three-bedroom apartments, and 11 of the two-storey, 4-bedroom townhouses.

Located near the PIE, euHabitat is also accessible via Eunos MRT Station as well as the upcoming Ubi and Kaki Bukit MRT stations on the future Downtown Line 3.

Source: The Business Times

euHabitat sounds like a “Woodhaven” in the East… hopefully with better-quality interior furnishings. The wife and I have been to the actual site of euHabitat and we are less than impressed. The project is located at the corner of a busy traffic intersection (just after the Euno exit of the Pan Island Expressway), and is hardly within walking distances to the three MRT stations mentioned.

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New projects sales status: euHabitat, Seastrand, Woddhaven etc

It has been some weeks since we last reported on the sales status of recently launched projects, as there was a lack of info released – maybe due to slower than normal sales take-up (?)

euHabitat
Far East Organization is said to have sold over 150 units at euHabitat, a 99-year leasehold private residential project at Jalan Eunos.

It began previewing the five-storey project last week and is understood to have released over 200 of the project’s total 748 units so far. The development includes 51 four-bedroom townhouses, 223 one- and two-bedroom Soho-styled units, and 160 one-bedroom suites. The remaining units are one to four-bedroom apartments.

The suites are in separate towers from the apartments.

The average prices in the development range from about $800psf to slightly over $1,000psf – depending on the housing form.

Far East is developing euHabitat on a site next to Pan Island Expressway clinched by the group’s units Tuas Technology park and OPH Marymount at a state tender in September last year, for $414.57psf ppr. They paid 26.55 more than the next highest offer of $327.76psf ppr. The tender drew five bids.

Seastrand
Over in Pasir Ris, where Far East is developing Seastrand condo with Frasers Centrepoint, 232 units have been sold to date. The developers have released 269 of the total 475 units in the project, which is priced on average at $895psf. The 99-year leasehold project was released for sale in June.

Woodhaven
Far East has also sold 202 units at Woodhaven condo in the Woodlands area. To date 242 of the development’s 337 units have been released. The average price is $957psf and the 99-year leasehold project has started selling since June.

Jool Suites

In the shoebox apartment category, Jool Suites at Sing Joo Walk behind Tessensohn Road, was previewed last week. About 18 units are said to have been sold so far. About half of the 52-unit freehold project has been released; the average price is about $1,500psf. One-bedroom units are around 388-484sqft, while two bedders are about 624sqft.

The development is in the vicinity of Farrer Park MRT Station and Connexion, a 20-storey development that will include a hospital, medical centre and hotel.

Source: The Business Times

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