Dunman GLS

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holasingapura

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CaptainSGP said:
Pine Grove will be a much nicer development with a height control of 150m SHD and a Gross Plot Ratio of 2.1.

Also located in a nice residential neighbourhood, and a city-fringe location, just a bit outside of RCR.

If I have to choose between the 2 for own-stay , I will choose Pine Grove.

Some may say that there could be a CRL station, but I think more likely along Clementi Road outside Maju Camp area. Pine Grove will not be walking distance from this new CRL station which is still 15-20 years from completion.

Most Pine Grove buyers will likely drive so lack of MRT should not be an issue.
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"Rich" sinkie after taking max loan to pay for $2.5k psf atas pine grove condo, still got room to buy car in the first few years?

Actually i am curious to know how full the carparks of the upcoming TOP condos are.
 
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holasingapura

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""""The developer declined to comment on its plans for the site.""""

No plan? Just bid blindly? Or jawdropped to find out there are only 2 bidders. :ROFLMAO::LOL:

"""The top bid for the Dunman Road site was 20.3 per cent higher than the next bid at $1.067 billion, or $1,122 psf ppr""""

"""" the $1.238 billion bid, or $1,350 psf ppr, for the Dunman Road land topped the previous record of $768 million or $1,302 psf ppr for the Jalan Tembusu site, awarded in January this year.""""

https://www.straitstimes.com/busine...id-pine-grove-gls-site-draws-6715-million-bid
 
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CaptainSGP

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holasingapura said:
"Rich" sinkie after taking max loan to pay for $2.5k psf atas pine grove condo, still got room to buy car in the first few years?

Actually i am curious to know how full the carparks of the upcoming TOP condos are.
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Haha many wealthy Singaporeans around. That’s what I’ve figured out after looking at lots of real estate in sg in the past few years
 
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holasingapura said:
""""The developer declined to comment on its plans for the site.""""

No plan? Just bid blindly? Or jawdropped to find out there are only 2 bidders. :ROFLMAO::LOL:

"""The top bid for the Dunman Road site was 20.3 per cent higher than the next bid at $1.067 billion, or $1,122 psf ppr""""

"""" the $1.238 billion bid, or $1,350 psf ppr, for the Dunman Road land topped the previous record of $768 million or $1,302 psf ppr for the Jalan Tembusu site, awarded in January this year.""""

https://www.straitstimes.com/busine...id-pine-grove-gls-site-draws-6715-million-bid
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I think singhaiyi should be stunned no demand and they overpaid so much
 
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gonewiththesmart

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holasingapura said:
""""The developer declined to comment on its plans for the site.""""

No plan? Just bid blindly? Or jawdropped to find out there are only 2 bidders. :ROFLMAO::LOL:

"""The top bid for the Dunman Road site was 20.3 per cent higher than the next bid at $1.067 billion, or $1,122 psf ppr""""

"""" the $1.238 billion bid, or $1,350 psf ppr, for the Dunman Road land topped the previous record of $768 million or $1,302 psf ppr for the Jalan Tembusu site, awarded in January this year.""""

https://www.straitstimes.com/busine...id-pine-grove-gls-site-draws-6715-million-bid
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Re $1.238 billion bid, or $1,350 psf ppr, for the Dunman Road land topped the previous record of $768 million or $1,302 psf ppr for the Jalan Tembusu site, awarded in January this year."""

Dunman Site developer get a good deal. Just 50 bucks psf ppr and get a site next to MRT..
 
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gonewiththesmart

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So Dunman 1350psf por
Tembusu 1305
Thiam Siew. 1440.

Dunman site developer get the best deal .Reason. next to MRT.




Thiam Siew
S$1,440 psf ppr if a 7 per cent bonus on balconies is further taken
 
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holasingapura

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gonewiththesmart said:
Why keep on saying overpaid..ura value Dunman location better than pine grove
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The fact that they could have won the site at $1.1b instead of 1.238b and save $138m means they overpaid.

They could have purchased the site at $1,150psf ppr and by all means sell at $2,500psf next year if the market is still willing to pay that.

With the $138m they could purchase Jensen mansion and redevelop a few more botique developments.
 
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holasingapura

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gonewiththesmart said:
So Dunman 1350psf por
Tembusu 1305
Thiam Siew. 1440.

Dunman site developer get the best deal .Reason. next to MRT.




Thiam Siew
S$1,440 psf ppr if a 7 per cent bonus on balconies is further taken
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Who knows next year the market shows that all of them overpaid? Possible if you are benchmarking one reckless land bid with another reckless one.

Of course it could turn out that they underpaid as we know by now that recessions/ higher interests rate lead to higher demand for singapore property:).
 
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gonewiththesmart

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holasingapura said:
The fact that they could have won the site at $1.1b instead of 1.238b and save $138m means they overpaid.

They could have purchased the site at $1,150psf ppr and by all means sell at $2,500psf next year if the market is still willing to pay that.

With the $138m they could purchase Jensen mansion and redevelop a few more botique developments.
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You hv crystal ball then you know offer at what lowest price u can get the bid.

2. I m pity developers of Tembusu n Thiam Siew. I think many buyers would rather wait half year for Dunman launch.. much closer to MRt.

3.Tembusu get the advantages in between Dakota n furute Tg Katong MRT.
 
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holasingapura

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gonewiththesmart said:
You hv crystal ball then you know offer at what lowest price u can get the bid.

2. I m pity developers of Tembusu n Thiam Siew. I think many buyers would rather wait half year for Dunman launch.. much closer to MRt.

3.Tembusu get the advantages in between Dakota n furute Tg Katong MRT.
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Wait for dunman to purchase leasehold at freehold thiam siew price? Lol.

Anyway we wait for next year and see. So exciting...
 
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bongbongboy said:
How’s singhaiyi’s developments? I have not seen Parc Clematis showflat.

Gazania and lilium I didn’t even bother to see the pictures …
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Singhaiyi's surprisingly finishings quite good.
The most recent MOP project - The Vales, if you are looking in the market go take a look at all the D19 resale projects around the same age, The Vales still look relatively new (the facade), the interiors condition also quite good for most homeowners, the tiles are the bigger 800x800 I think, the finishings feels higher end in my opinion.

Same for citylife, can go google, someone wrote on stackedhome before on citylife.
 
Oftheseas

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gonewiththesmart said:
You hv crystal ball then you know offer at what lowest price u can get the bid.

2. I m pity developers of Tembusu n Thiam Siew. I think many buyers would rather wait half year for Dunman launch.. much closer to MRt.
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I am not sure many potential buyers will rather wait for a “famous” Tiong developer’s Dunman launch ? I will not wait but buy Liv@MB now instead.

Developer is BS and got the land at 5% lower than Dunman plot. While the projects might be looking at each other from afar, Liv is at a much more prestige enclave with spacious 20/80 build-ratio (Dunman will be packed like sardine with its height restrictions).

MRT - The furthest block of Liv is 350m from mrt. The furthest block of Dunman is likely 300m from mrt. Same, same. No ?
 
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holasingapura

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2nd bidder was consortium consistng of Intrepid Investment, CDL Constellation, Garden Estates, TID Residential.

not any tom dick harry bidding for fun.
 
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