Tag Archives: Trevista

Home buyers ignore ghost month

Posted on 29 Aug 2009 | Comments Off on Home buyers ignore ghost month

WHAT ghost month?

The traditional lull in home-buying activity during the Hungry Ghost month has been swept aside amid the current property market frenzy.

Buyers were out in force yesterday at the preview of Trevista, a new 590-unit condominium in Toa Payoh, a traditional heartland area.

A queue had formed at least 20 minutes before the showflat doors opened at 2pm. By 5pm, all 210 units released for sale had been snapped up by buyers.

Developer NTUC Choice Homes had said it would release just those units for sale this weekend at an average price of $898 per sq ft (psf). However, the response was so strong that it released another 190 units at higher prices just after 8pm, said a spokesman. She could not say how much higher the prices were. Continue reading →

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Initial phase of Trevista condo going at $898 psf on average

Posted on 28 Aug 2009 | Comments Off on Initial phase of Trevista condo going at $898 psf on average

NTUC Choice Homes Co-operative is pricing the initial phase of its Trevista condo at Toa Payoh, which previews today, at an average price of $898 per square foot. This is about 20 per cent lower than Far East Organization’s Centro Residences next to Ang Mo Kio Hub, priced at $1,150 psf on average and released last month.

However, as Trevista’s units are generally larger than Centro’s, the price differential in absolute terms may be less.

Far East has sold only about 100 units – an outcome some market watchers see as due to price resistance.

Both projects are on 99-year leasehold.

Trevista is near Braddell MRT Station and within walking distance of shopping and other amenities at HDB Hub and Toa Payoh Central. Centro, a 34-storey project with 329 units, is right next to Ang Mo Kio Hub and opposite Ang Mo Kio MRT Station. Continue reading →

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