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
Lush Dream Home 