Tag Archives: Singapore Property

82% of Lincoln Suites snapped up in soft launch

Eighty-two per cent of the residential development, Lincoln Suites, was snapped up within four days of the soft launch.

A total of 46 of the 56 units under phase one were taken up by the close of the soft launch on Sunday. This comprised 15 studio units and 31 one-to-three bedroom units.

Lincoln Suites is a 30-storey, freehold development off Newton Road. It is targeted to be officially launched this weekend and completed by the end of 2014.

The consortium behind the project comprises Koh Brothers, Heeton Holdings, KSH Holdings and Lian Beng Group. The companies said the soft launch was very well-received.

Source : Channel NewsAsia – 26 Oct 2009

Check actual space of shoebox units

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