how can indicative be known when floor plans not even approved yet.
we can agar agar guess the PSF, but personally i would be more interested to know about the floor plans, since URA implemented the new ruling on shoebox size last year. Think the floor plans will determine how great the sales will be for florence
with an increment of 10-20% minimum size, 60 SF could mean additional 70-100k ? The floor plans for these 2 projects + PSF for the project will be interesting to see, considering the increased mortgage rates, lower PSF from competitors. indicative could easily be more than 100k vs other new launch projects for the smallest unit
Treasure will face competition for the new EC slated to launch next year (hoihup won the tender) (the TOP date will probably be faster than treasure, just see how fast hundred palms has been built) + Tapestry and Alps.
Pros of treasury though is : vicinity no condos, no competition, near wet market and plenty of primary schools around, a lot of tampines folks are interested in the project
for florence, i think will be a challenge to sell. why ? logan is a new developer in sg, dont think they can afford to sell as cheap as oxley (affinity/riverfront), and the area is pretty dry from the sales of affinity / riverfront / gardens, some people are hopeful that florence sells cheaper than the other projects... we shall see
*Edit* I am not sure if the minimum sqft affects these 2 projects, i am assuming it is, feel free to correct me if i'm wrong