Archives June 2010

Waterfront Gold Condominium

SOLD OUT

New Condo at Bedok Reservoir . 6 Minutes Walk to MRT Station

Waterfront Gold Condo is a new Singapore condo property for sale that presents a real opportunity for resort-style reservoir-front living, that is not just some marketing spin. You are separated from the reservoir by only Bedok Reservoir Road, so it can be said to be (almost) literally on the water’s edge.

Bedok Reservoir is actually 40% larger than Marina Bay, so if you like the water views there but not the price tag, this might be an alternative. You can see some pretty spectacular sunsets too.

According to the developer, the site has been specifically planned to maximize views to the reservoir, and units are functionally laid out with quality finishes.

Waterfront Gold comprises five blocks of 15 storey residential flats with recreational facilities & car parks on a 99-year leasehold land of 156,039 square feet. There are a total of 361 units of 1 to 4 bedroom flats that include 5 penthouses. Sizes range from 580 sqft for the one-bedders, to just over 2,000 sqft for the penthouses.

Units Types & Sizes

Unit	No. of Units	Typical Area (Includes Private Enclosed Space / Terrace)
1 Bedroom	15	~ 581 sq ft
1 Bedroom + Study	56	~ 667 sq ft
2 Bedroom	73	~ 893 sq ft
3 Bedroom (Compact)	43	~ 1,012 – 1,055 sq ft
3 Bedroom	125	~ 1,195 – 1,227 sq ft
4 Bedroom	44	~ 1,378 sq ft
Penthouses	5	~ 1,927 – 2,153 sq ft
TOTAL	361

The above floor areas are for typical units only. Excludes ground floor and top floor units.

Waterfront Gold Condo Location

View from along Bedok Reservoir Road, with the condominium on the right, facing Bedok Reservoir on the left.

Unique Selling Points

What might appeal about this Singapore condominium sale:

1. Location. Sits on top of recreational activities by the reservoir. In the vicinity of reputable schools like Red Swastika, CHIJ Katong, Temasek Polytechnic, Victoria Junior College, United World College & Singapore’s 4th University (MIT).
   
   
2. Setting. On the edge of Bedok Reservoir, with unblocked views, and next to Bedok Reservoir Park (part of the eastern Park Connector network that includes East Coast Park).
   
   
3. Accessibility. Pretty conveniently located – near to expressways like PIE & TPE, and to Changi Airport & business parks. Also close to the new MRT Downtown Line 3, to be ready in 2016. The station will be about 7 minutes walk away.
   
   
4. Reputable developer. Jointly developed by Fraser’s Centrepoint and Far East, both of whom are among the leading property developers in Singapore.
   
   
5. Investment Potential. It can draw tenants from Changi Business Park, airport, United World College, or the 4th university.

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Click on these links for more on the Waterfront Gold condo sale:
» Waterfront Gold Condominium Details
» Waterfront Gold Floor Plans & Location

The Waterline Condo @ District 19

SOLD OUT

Freehold Boutique Development by GuocoLand

The Waterline Condo is a low-rise freehold condominium development. It is situated in an established residential enclave, in an area of mostly landed housing. A big attraction is probably the fact that it is within 1km of sought after Rosyth School.

This project occupies the site of the former Toho Gardens that was sold collectively to GuocoLand in 2007. Perhaps because of that, it is able to sell at a lower price PSF than is usually found for new freehold condos nowadays.

Waterline Condo sits on a fairly sizeable piece of land, larger than for most apartments in the vicinity. There are 103 units in this 5 storey low-rise condominium offering 1 to 4 bedroom apartments and penthouses, including some special units with private pools.

It offers a decent range of condominium facilities & landscaping, by moving the parking underground to the basement, which also keeps the ground level vehicle-free & safe for children.

Units Types & Sizes

The Waterline Condo Pricing

This freehold property in Singapore is priced at around $1000 psf for penthouse units, to about $1,700 psf for a one-bedder, after the current 11% discount (as of 1 August 2011).

There is also a special additional 1% discount for any ONE of the following categories. So instead of 11%, you get 12% direct discount off the List Price.

1. Buyers staying in the North or North-East region.
2. Buyers whose offices are within the North or North-East region.
3. Buyers with kids studying at schools within a 3km radius.
4. Buyers who are CURRENT owners of Guocoland developments.
5. Buyers who are ex-owners of Toho Gardens.
6. Family purchases of more than 1 unit at the same time. If purchased on different days, only the 2nd unit gets the discount. Family purchases that fall into any of the above categories as well get another 1% discount, ie. a total of 12% discount.
   

Indicative pricing after 12% discount (as of 1 August 2011):
. 1 Bedroom » From $785,000
. 2 Bedroom » From $1,100,000
. 3 Bedroom » From around $1,350,000
. 4 Bedroom » From around $1,900,000
. Penthouse » From around $1,850,000

The Waterline Condo Location

161, 163, 165 & 167 Poh Huat Road West Singapore. The site is on the right.

Unique Selling Points

What’s appealing about the Waterline Condo:

1. Freehold. It’s on a freehold (estate in fee simple) title, which is the best tenure to have, whereas all new government land sales are only for 99 years leasehold. Freehold land tends to hold its value much better in the long run.
   
   
2. Location. Apart from its enviable proximity to Rosyth School, it’s also pretty near a number of other reputable schools, as well as Lycée Français de Singapour.
   
   
3. Setting. Situated in the heart of an established residential estate of mainly landed property.
   
   
4. Being green. This project got a Greenmark Gold Award for environmental friendliness. It has features like rectangular strips in the pool to let natural light into the basement car park, an organic refuse recycling system, etc.
   
   
5. Reputable developer. GuocoLand is an award-winning developer whose projects include Sophia Residence, Leonie Studio, and Goodwood Residence.

Gallery

Just click on the images to enlarge.

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Click on these links for more on the Waterline Singapore condo sale:
» Waterline Condominium Details
» Waterline Condo Floor Plans