Developed by City Developments Ltd
Tenture : 99leasehold
Total : 602 units

Date of Launching soon,
Estimated during 24/June 2011 or 1st /July 2011.
(Event date - To be confirmed)

No.of Bedrm -Type
===============
2bedrm/2bedrm w PES
3bedrm/3bedrm w Balcony/3bedrm w PES
3bedrm dual key
4bedrm/4bedrm Balcony/4bedrm w PES
4bedrm dual key
3bedrm Penthouse
4bedrm Penthouse & 4bedrm Penthouse dual key

Basement carpark got it's good and back with current weather if you know what I mean, so any idea the set cost psf or the price range?

Read somewhere that ".....CDL’s bid translates to a breakeven cost of $570 psf to $590 psf. He added that there will be a market for the new EC project if it is priced 20 per cent to 25 per cent lower than nearby private condo Tree House, which sold at an average price of $830 psf in the second quarter of this year......"

Wonder why are they using Tree House as a reference? Assuming we are using this as a guide, the psf for Segar EC should be $622 to 664 psf. But I'm seeing a range of $666 to $730 psf in property guru. Of course these are not confirmed, but for a location at Segar Road, with Expressway infront and a drain besides it, isn't it too high?

any inputs?

I think this project a bit tough with the slew of anticipated measures and talking down of private home prices by vested parties. With 600 units, I wonder how the developer is going to price this location with the chatters about the peaking of private prices.

Wonder why are they using Tree House as a reference? Assuming we are using this as a guide, the psf for Segar EC should be $622 to 664 psf. But I'm seeing a range of $666 to $730 psf in property guru. Of course these are not confirmed, but for a location at Segar Road, with Expressway infront and a drain besides it, isn't it too high?

If priced above $700, would any of you buy if Tree House is used as a reference. Personally, I think that Tree House shouldn't be used as a reference as it is launched at a different timing and is a sold-out project. Meaning to say that it is priced favourably to market conditions then. If Tree House is used as a reference, why not Foresque (sold mostly above $1000psf) which is situated next to it and is more current.

Having said so, I think that current sentiment would be very tough on Blossom Residences if priced above $700 psf. Our Development Minister has already warned about the current high private prices and is thinking hard about ways to cooling it. He said that there is a current pipeline of 45,000 units yet to be built and sold. Sites made available through the second half of this year's Government Land Sale programme could inject another 8,000 new homes.

External factors such as the followings would also play a part in bring down private home prices.

1. Weak consumer demands in America, weakening American Dollars.
2. Soaring sovereign debts in Europe e.g. Spain, Portugal, Iceland, Greece etc.
3. China's rising interest rate to curb flow of hot money (hedge funds)

I have stayed in Segar for about 10 years now and is actually quite interested in this project. I can appreciate the jogging track and park behind my flats. Also, it s quite a serene surroundings as compared to where I used to stay. The expressways lead me to town within 20 minutes. No where is just more than 30 minutes away unless you are going to the airport.

Cheers
Fisho

Just seen the site plan. Tennis court, multi-purpose court, 50 meters lap pool, kids pool...Nice layout. Internal square structures also make furnishings easier.

Cheers
Fishopk

It is a pity that blossom residences (BR) floor plan is typical of recent launched ECs - no store room and no yard for hanging clothes.

Otherwise BR will be a very good choice with almost squarish layout (no weird angles), N-S facing, etc.

It is a pity that blossom residences (BR) floor plan is typical of recent launched ECs - no store room and no yard for hanging clothes.

Otherwise BR will be a very good choice with almost squarish layout (no weird angles), N-S facing, etc.

There is a choice of utility and yard depending on the sizes of the units.

Cheers
Fisho

Agree with u that above $700psf is going to be tough for blossom, bec it is not near to MRT like Esparina or Prive. The resale value of the older EC does shows that location is a big draw. Quality of finishing is not as good as condo. So i,m not sure if it is worth getting EC at a price 20-25% lesser.

I'm keen to buy if it fits my budget for a reasonsable space, if not there is no point buying an EC. Might just wait as the minister just said that they are supply more to meet demand. So I think there will be another round of cooling measures coming.

Oh, saw the three bedroom floor plan, not bad I would say. I think their floor plan look practical to me.

Pinkalin, nowadays mass market pte condo's finishing are very basic, exactly same as EC if not worse.

Ya, quality has dropped. Now with construction bloom, I'm wondering if quality be affected. Crossing fingers now.
I have been sourcing for new home for some time, kind of disappointed with all the baywindow n large balcondy development. Now finally i'm seeing better floorplans, recent one that i like Foresque, where there is effective used of space, and no toilet door facing ur bed in master bedroom.

This one i think offer better floorplans but i,m very concerned with the noise from the Expressway.....

forest kill too overpriced for that kind of location and finishing. You looking for bukit panjang area only?

Forest kill....so funny! Ya, went to see showroom but find it too pricey. The location is only suitable for those who drive . This Segar EC like not many pp interested is it? Not much discussion going on.

I'm still looking around, prefer unit with good floorplan n good location.

Posted By Pinkalin on 15 Jun 2011 09:44 PM
Forest kill....so funny! Ya, went to see showroom but find it too pricey. The location is only suitable for those who drive . This Segar EC like not many pp interested is it? Not much discussion going on.

I'm still looking around, prefer unit with good floorplan n good location.

Maybe you can wait for the EC beside Mi Casa. Choa Chu Kang.

Cheers
Fisho

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Posted By Pinkalin on 15 Jun 2011 09:44 PM
Forest kill....so funny! Ya, went to see showroom but find it too pricey. The location is only suitable for those who drive . This Segar EC like not many pp interested is it? Not much discussion going on.

I'm still looking around, prefer unit with good floorplan n good location.

Any prediction on the price range?

Canopy kind of price range, Esparina? Belysa? Prive?

Any prediction?

Cheers
Fishopk

Blossom location not very good.. So i guess pricing should be avg 680-700psf..