The wife and I were at the sales gallery of Vacanza @East over the weekend.
We were surprised to learn that this project is still in its “previewing” stage despite being marketed since end-September.
Here are some of the photos we have taken of the sales gallery and showflat – a 1,399sqft, 4-bedroom ground-floor unit (Type D2-G).
We will post our review…soon.
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As reported in ST today:
Vacanza @East
The freehold project in Lengkong Tujoh sold another 20 units or soover the weekend., taking total sales to 130 units, said developer Hoi Hup Sunway.
The 473-unit project started its preview late last month, when it moved nearly 90 units. It is priced at slightly more than $1,000psf on average.
The Lanai
Far East Organization released 110 units of The Lanai in Hillview Avenue at a preview over the weekend and has sold 76 units, including a bulk buy.
The 999-year condo is priced from $1,290psf and will be launched this weekend.
Esparina Residences
Buyers had snapped up 344 units of Esparina Residences, an Executive Condominium (EC) project near Buangkok MRT station in Sengkang, last Friday. Another 20 units of the 573-unit project were sold over the weekend, said developer Frasers Centrepoint.
It had received 1,155 applicants in all. Prices are from $730 to $750psf.
The Canopy
The latest EC project to be released – the 406-unit The Canopy in Yishun Avenue 11 – has attracted 250 applicants since viewing started last Friday. Prices are from $600 to $700psf and bookings start this Saturday.
The response for The Canopy seems less enthusiastic than Esparina Residences, probably because the later is near an MRT station and thus better located.
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Home seekers seemed to have turned wary and were in a “look but don’t buy” mood, resulting in slower take up rates at most new projects last week. The is according to reports in the ST/BT today.
Vacanza @East
Developers Hoi Hup Sunway sold almost 90 units at the soft launch for Vacanza @East at Lengkong Tujoh last Tuesday but only about 20 sales have been registered since, even though the showflat was crowded over the weekend. This has taken total sales in the project to 110 units of the 141 units released. The freehold project has 473 units in all.
NV Residences
City Developments’ 642-unit NV Residences in Pasir Ris, on the market since Aug 30, has sold 358 out of the 400 units released, with 23 sales made last week. The 99-year leasehold project sold 250 units within the first week of its preview about a month ago. 
Twin Peaks
There were about 5 sales at high-end Twin Peaks at Leonie Hill Road over the weekend, with more than half of the 70 units released sold since its launch two weeks ago. The 99-year leasehold project, developed by OUE, has a total of 462 units.
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Hoi Hup and Sunway sold nearly 90 units at their Vacanza @East condo by the end of Tuesday, when the project previewed to those who had registered interest with the appointed marketing agents DTZ and Huttons. This is according to a BT report today.
A VVIP preview was held on Monday for staff/directors of Hoi Hup and Sunway as well as their special guests.
The average price for the 12-storey freehold project is about $1,090psf.
Buyers were mostly Singaporeans and the most popular units were two- and three-bedroom units.
In absolute price terms, units sold range from nearly $550,000 for a 484sqft one-bedder to slightly above $2 million for a three-bedder penthouse of over 1,900sqft.
Initially two blocks comprising 141 units were released but as potential buyers started requesting for apartments in other stacks in the 473-unit project, the developers began releasing more units.
Vacanza comprises one- to four-bedroom units as well as penthouses. It will have a clubhouse, gymnasium, a tennis court, a lap pool, fitness station and lawn.
Market watchers point out that the project, located at Lengkong Tujoh, is next to the Pan Island Expressway, near Singatronics Building and Bedok Industrial Estate. It is about a kilometre away from Kembangan MRT Station.
Hoi Hup and Sunway are developing Vacanza on a 207,000sqft site which they bought in October last year for $158 million, or about $445 per square foot of potential gross floor area, including an estimated development charge of about $36 million at the time.
The site, which was vacant at the time, was sold by Lee Tat Development. The residential site has a 2.1 plot ratio (ratio of maximum potential gross floor area to land area) and a 12-storey maximum height under Master Plan 2008.
Vacanza’s appeal is supposedly due to it being a freehold project in a quiet estate amidst a landed housing enclave. However, the wife and I wonder how much of the “PIE noise effect” will Vacanza be subjected to, especially when the site is located along this busy expressway…
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The BT today has reported that Vacanza @East, a freehold condo in the Kembangan area, is previewing from today.
This is a joint-venture project between Hoi Hup Realty and Malaysia’s Sunway group.
The average price is expected to be slightly over $1,000psf for the 141 units being released in two blocks of the 12-storey project. Vacanza @East will have a total 473 units in seven blocks.
The project comprises one to four-bedroom units as well as penthouses.
About 39% of uinits have either two bedrooms or two bedrooms with a study. Another 30% are three-bedders.
View our previous post about this project here:
http://sgproptalk.blogspot.com/2010/09/new-project-details-vacanza-east.html
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The wife and I have received the following details on VACANZA @EAST from one of our contacts (thanks John!).
This is a project that may be of interest to those looking for a freehold condo unit in the East and do not mind smaller units. But it’s location right next to the PIE may be an issue… 
Project Name: Vacanza @East
District: 14
Location: 34 Lengkong Tujoh (Kembangan)
Description: 7 towers of 12-storey each, contemporary designed building with full facilities
Total number of units: 473
Land Size: 200,000sqft
Land Tenure: Freehold
Expected TOP: December 2014
Unit Mix (Typical)
Marketing Brochure
http://www.scribd.com/doc/37081557/Vacanza-East http://d1.scribdassets.com/ScribdViewer.swf?document_id=37081557&access_key=key-23a6ckfoa7w5y1qnaemu&page=1&viewMode=slideshow
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