Home buyers looking for cheaper yet well-located condominium units are drawn to districts 13 and 14, which offer a central location and relatively lower prices.
In District 13, one of the most popular projects is the 868-unit Bartley Ridge . Launched in March, the 99-year leasehold condominium offers units at an average price of S$1,241 psf. Aside from the affordable price; the development is located near Bartley MRT station.
According to data from the Urban Redevelopment Authority (URA), average transacted prices at the development between December 2012 and last month stood at S$1,291 psf.
The four other projects within the district are smaller. Of these, 8@Woodleigh has the highest average asking price of S$1,627 psf.
Meanwhile, District 14’s top five popular condos comprise a mix of freehold and 99-year leasehold projects. Topping the list is Waterbank at Dakota which has an average asking price of S$1,615 psf. Offered on a 99-year lease, the 616-unit project comprises one- to three- or more bedders and is located near Dakota MRT station and the Circle Line. It also recorded the highest average transacted price of S$1,516 psf for the period from December to last month, noted the URA data.
Over at the freehold Vacanza@East, units at the 473-unit project comprise one- to three- or more bedders, with an average asking price of S$1,335 psf.
Rounding up the top five on the list are the 522-unit Simsville, the 348-unit Dakota Residences and Le Crescendo – a 228-unit condo.
Source – PropertyGuru – 4 Jul 2014
Posted in New Launches, Property Market / Real Estate, Property Transactions
Tagged 8@Woodleigh, Bartley Ridge, Condominium, Dakota Residences, district 13, district 14, Home Buyers, Le Crescendo, Simsville, Singapore Residential Property, Urban Redevelopment Authority, Vacanza@East, Waterbank at Dakota
I refer to last Sunday’s article, ‘The land of shrinking apartments?’.
Even if we have to settle for shoeboxes, we should spend our precious money wisely, choosing well-fitting boxes.
I saw in the sample floor plan of a Suites @ Guillemard unit that there were two large bay windows forming part of the 258sq ft area, which at first looked big enough to accommodate another bed and sofa.
I understand the plan was only an approximation, but I measured the space depicted anyway and found that the bay windows took up 28.9sq ft of the area.
Another 9.6sq ft space attached to a bay window was unlabelled and might be an air-conditioner ledge or planter box. This left only 219.5 sq ft of actual floor space, or 85per cent of the original 258 sq ft figure.
If one wants to buy 258 sq ft of space, it would be a good idea to buy 258 sq ft of actual floor space, and not 219.5 sq ft, with the floor area shrunken by bay windows and other architectural gimmicks, which are usually there for the benefit of someone else other than the home buyer. Continue reading →
Posted in Property Market / Real Estate
Tagged 8 @ Woodleigh, 8@Woodleigh, Alexis in Alexandra, Icon, Illuminaire, Kembangan Suites, One Shenton, Sail @ Marina Bay, Sail@Marina Bay, Singapore Property, Singapore Property Market, Small-sized Apartments, Suites @ Guillemard, Suites@Guillemard