Upcoming Launches - Mar'13

These are the few upcoming launches coming up in Mar'13 in the mass market segment post the latest round of cooling measures implemented back in Jan'13.

In the East and North-east, we have D'Nest in D17, Pasir Ris. This is one of the largest development in Pasir Ris area consisting of about 912 units and is a JV between CDL, Hong Realty and Hong Leong Holdings. The land size is estimated to be over a massive 41,000 sqm.
This is a 99 yrs leasehold development and it is located within 7-10 mins' walking distance to Pasir Ris MRT station.
The unit mix ranges from the usual 1 - 4 bedroom units. However, it also has 5 bedroom dual key units and even 5-6 bedroom dual key penthouse units.
Facilities appear to be extensive as this is expected for a development of this size.
Prices are estimated to be starting from $6xxk onwards and sizes of the units from 484 sqf. This works out to approximately $13xx psf for the smallest units.
I believe this will development to appeal to upgraders living around that area and very likely first timers who have been holding back.

Next, we have the much awaited launch of Urban Vista in D16. I have been paying special attention to this particular development since the land parcel was sold to Fragrance Group and World Class Land.
This development is situated literally at the door step of Tanah Merah MRT station and is directly at the opposite end of the recently TOPed Optima. This is a 99 yrs leasehold development and will consist of 585 units including 3 retail shops.
The unit mix ranges from 1 - 4 bedroom units of Soho, suites and normal condo units. However, it also has 4 bedroom dual key units.
Prices are estimated to be starting from $6xxk onwards and sizes of the units from 430 sqf. This works out to approximately $15xx psf for the smallest units.

What is interesting about this project is its location. It is situated right smack in a private enclave consisting of only private residential condo and landed property. With an MRT station right by it plus another plot of land zoned commercial right beside it, the potential is enormous.
A further analysis revealed that FEO's eCO which is slightly further away was sold at a range of $11xx - $16xx psf successfully and almost all the units were sold out excluding the townhouses.
Also, KeppelLand also successfully won a recent tender of another plot of land opposite Tanah Merah MRT station at a whopping record price of approximately $792psf. This is about $116 psf more than the land which Fragrance Group and World Class Land won for 'Urban Vista'.
Furthermore, there are only 2 more plots of land available for sale opposite Tanah Merah MRT station.
Coupled by the fact that demand for rentals in that area and Simei is very high due to Changi Business Park and the 4th Uni later on, I think this development appears to have good potential.

Next, we have Bartley Ridge in D20. This is also a large development situated in Mount Vernon  consisting of about 868 units and is a JV between Hong Leong Group and CDL.
This is a 99 yrs leasehold development and it is located right by Bartley MRT station.
The unit mix ranges from the usual 1 - 4 bedroom units and 4 bedroom dual key units.
Facilities appear to be extensive as this is expected for a development of this size.
I do not have any information regarding pricing at the time of writing.
I believe this development will appeal to a lot of people because of its location and proximity to good schools in the vicinity, shopping malls and city area.

Lastly, there is a cluster housing project called Charlton 27 which situated by the junction of Surin Avenue and Charlton Road. This development is made up of 27 inter and corner terrace houses and is freehold. Units contains 4-5 bedrooms with en-suite bathrooms and a private lift. They are spread over a basement with split levels and an attic level. Each unit will also come with 2 carpark lots.
Shared facilities include a steam room, gym, a 50m lap pool and jacuzzis.
Prices are estimated to be about $3.XXm onwards.
Location is pretty ok and is about 10 mins by bus to Heartland Mall and Kovan MRT station.

I await with anticipation of the prices during the VVIP launches of those above-mentioned mass market condominiums.