I-LOVE-CARS 1st Gear August 30, 2012 Share August 30, 2012 Hi bros, just wanted to find out if the new condo at BLW is a good buy or not, thinking hard... This wonderful site next to Jurong East MRT station was tensely fought, with 12 developers vying for the 99-year leasehold land parcel. The winner should be MCL Land, they inched past their closest rival by a mere $288,000 with their top bid of $369,388,000. See what happens when you don't put ''88' in your bid? Tsk tsk... The location of this condo is very very exciting. Not only is it next to the Jurong East MRT and Bus Interchange, we count five (yes five) shopping malls within a stone's throw - IMM, JCube, Westgate, JEM and Big Box. Not only that, this spot is part of the grand URA plan known as Jurong Gateway or Jurong Lake District. Can you see the potential?! The potential selling price? Find a chair and sit down first... Given the total potential floor area of 523,879 sqft for this site, the cost price per unit based on the winning bid is a WHOPPING GIGANTIC TITANIC $705 psf ppr. That would mean a selling price of $1,200 to $1,300 psf. Wah piang eh! Or in internet-speak - OMFG! And we thought at $1,000 psf Lakefront Residences was already pushing the envelope. This new one would break the record for most expensive condo in Jurong! JURONG leh! ↡ Advertisement Link to post Share on other sites More sharing options...
Viceroymenthol 6th Gear August 30, 2012 Share August 30, 2012 Given the total potential floor area of 523,879 sqft for this site, the cost price per unit based on the winning bid is a WHOPPING GIGANTIC TITANIC $705 psf ppr. That would mean a selling price of $1,200 to $1,300 psf. Wah piang eh! Or in internet-speak - OMFG! And we thought at $1,000 psf Lakefront Residences was already pushing the envelope. This new one would break the record for most expensive condo in Jurong! JURONG leh! Bro, you just answered your own question. $1,300 psf can try for older freehold condo in Holland/Bukit Timah. Renovate to new stylish design plus internal waterworks, piping and electrical wiring also cannot be more than $100k plus, right? Ok lah, at most $200k renovation. Link to post Share on other sites More sharing options...
Kxbc Turbocharged August 30, 2012 Share August 30, 2012 don't like to stay in the western part of singapore. reminds me of my nightmare long bus ride to safti everytime i travel there. Link to post Share on other sites More sharing options...
I-LOVE-CARS 1st Gear August 30, 2012 Author Share August 30, 2012 Bro, you just answered your own question. $1,300 psf can try for older freehold condo in Holland/Bukit Timah. Renovate to new stylish design plus internal waterworks, piping and electrical wiring also cannot be more than $100k plus, right? Ok lah, at most $200k renovation. I am wondering for a 2+1 or 3+1 unit, is +/- 900k enuff or not Link to post Share on other sites More sharing options...
Steptronic Supercharged August 30, 2012 Share August 30, 2012 It is going to be noisy for sure. One side BLW and other side MRT lines of 4 tracks. One needs to be choosy for the units! Link to post Share on other sites More sharing options...
Longg8 Clutched August 30, 2012 Share August 30, 2012 Given the total potential floor area of 523,879 sqft for this site, the cost price per unit based on the winning bid is a WHOPPING GIGANTIC TITANIC $705 psf ppr. That would mean a selling price of $1,200 to $1,300 psf. Wah piang eh! Or in internet-speak - OMFG! And we thought at $1,000 psf Lakefront Residences was already pushing the envelope. This new one would break the record for most expensive condo in Jurong! JURONG leh! if punggol can sell for that price, jurong east can also sell for that price... Link to post Share on other sites More sharing options...
Mazdaowner Moderator August 30, 2012 Share August 30, 2012 Jurong General also very near by. Link to post Share on other sites More sharing options...
questionedfish Clutched August 30, 2012 Share August 30, 2012 another bishan sky habitat, but this time in Jurong? -_- Link to post Share on other sites More sharing options...
Zze121 3rd Gear August 30, 2012 Share August 30, 2012 Punggol highest record 1500psf this one will follow their foot step, base on past PC record near MRT it's going to sell like hot cake. Link to post Share on other sites More sharing options...
Lala81 Hypersonic August 30, 2012 Share August 30, 2012 Noisy. the road beside it is quite busy also. Link to post Share on other sites More sharing options...
Mazdaowner Moderator August 30, 2012 Share August 30, 2012 Noisy. the road beside it is quite busy also. And as I said early, Jurong's GENERAL HOSPITAL is just a stone's throw away.....now under construction. Link to post Share on other sites More sharing options...
Typoerror Neutral Newbie August 30, 2012 Share August 30, 2012 Any news when it will be released? Link to post Share on other sites More sharing options...
Estrangable 5th Gear August 30, 2012 Share August 30, 2012 siao....spend these type of $$ on jurong or freaking pungol area!!?! i rather get a slightly older condo with spare cash to get a car Link to post Share on other sites More sharing options...
Old-driver 5th Gear August 30, 2012 Share August 30, 2012 At these prices, most of the FH condos at the prime districts look like a bargain ! Cant imagine buying at Jurong area condo costing 1.3 M..... Link to post Share on other sites More sharing options...
Tayspiderx 3rd Gear August 30, 2012 Share August 30, 2012 Wat so surprising, the Centris/Jurong Point already 1300psf and its two more stations towards west. if priced at 1300psf, shouldnt it be a bonus since its two station closer to city Link to post Share on other sites More sharing options...
Watwheels Supersonic August 30, 2012 Share August 30, 2012 Have to take MRT filled with FW's body odour leh. It's amazing the residential property of the industrial part of sgp can be so ex. 99 years lease hold somemore, I doubt got the full 99 years, at most I think around 70years left. Looks like the bubble is inflating fast. Link to post Share on other sites More sharing options...
Sosaria Twincharged August 30, 2012 Share August 30, 2012 Sure, all the amenities are nearby, but the location and environment are not very nice... Crowded, congested because right smack in the middle of Jurong East. Many many foreign "talents" crowd this place, especially on weekends. And wait till they complete construction of the two new HDB projects nearby (can't remember the name... "sky" something??) that straddles the road that links Jurong East to Bukit Batok... can imagine traffic crawl to a standstill in this area. Link to post Share on other sites More sharing options...
Camrysfa Turbocharged August 30, 2012 Share August 30, 2012 Wat so surprising, the Centris/Jurong Point already 1300psf and its two more stations towards west. if priced at 1300psf, shouldnt it be a bonus since its two station closer to city who knows - when this BL condo comes up, maybe centris loose demand. URA is the smartest. ↡ Advertisement Link to post Share on other sites More sharing options...
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