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[DBSS] The Peak @ Toa Payoh
Last Post 12 Mar 2010 04:02 PM by PARKman. 12170 Replies.
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hyacinthus
I'm an expert adult Shroomy!
Posts:11471
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dreamy
I'm a teenage Shroomy!
Posts:1767
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| 17 Jul 2008 02:58 PM |
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It's so near the existing flats. Their view will be blocked... |
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hyacinthus
I'm an expert adult Shroomy!
Posts:11471
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| 17 Jul 2008 03:02 PM |
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true. The best is to get units facing the greenery away from the TPY Hub and city.
wonder if the bids would be as high as the DBSS site at Bishan? |
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simpleguy
I'm a young adult Shroomy
Posts:2372
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| 17 Jul 2008 03:21 PM |
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I think both Bishan and Toa Payoh will be about the same coz they are central place. |
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hyacinthus
I'm an expert adult Shroomy!
Posts:11471
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| 17 Jul 2008 03:29 PM |
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I doubt so cos market sentiments are not as optimistic as before. See the quoted amount for Bishan DBSS. It's quite hard to match for this TPY DBSS.
Posted By hyacinthus on 02/20/2008 09:13:21 PM
1. China firm puts in top bid for Bishan HDB site - BT, p11
2. Three bid offers for DBSS site at Bishan St 24; China company with the highest bid – ZB (20 Feb 2008), p7
A third China-based company has ventured into
Singapore's property sector by placing the highest bid of $135.9
million (or $237 psf ppr) for the Bishan DBSS tender that closed
yesterday.
Qingdao's plan is to build a 400-unit development
and will release the launch prices and date later. PropNex CEO Mohamed
Ismail said that if Qingdao Construction was awarded the project, the
sale price would probably be above $600 psf, which is more than $600,000 for a four-room flat. He opined that this price is reasonable for a flat in Bishan.
Qingdao Construction Group has been in Singapore for
the last nine years and has entered the property market to capitalize
on the demand for premier HDB flats. Qingdao's business activities are
financially backed by the China Development Bank and the Export-Import
Bank of China. A Savills analyst noted that the Chinese Govt is seen
seeking more overseas investments and this may in turn see more Chinese
developers and construction firms seeking investments in Singapore.
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hyacinthus
I'm an expert adult Shroomy!
Posts:11471
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| 22 Jul 2008 09:23 AM |
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More information about the plot
| Particulars of Land Parcel |
| Land Parcel |
: Toa Payoh PH1 |
| Location |
: Lorong 1A Toa Payoh |
| Proposed Development |
: Public Housing Development |
| Site Area |
: 27,479.90 sq m |
| Permissible Gross Floor Area [approx. Gross Plot Ratio] |
: Maximum - 115,415.58 sq m
: Minimum - 103,874.022 sq m [4.2] |
| Lease Term |
: 103 years |
|
 Attachment: 172223542171.jpg
Attachment: 1722283219771.jpg
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benjaminpwl
I'm a baby Shroomy!
Posts:3
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| 29 Jul 2008 11:25 AM |
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any idea when will they launch this project? |
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hyacinthus
I'm an expert adult Shroomy!
Posts:11471
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| 29 Jul 2008 12:10 PM |
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hi benjaminpwl, welcome :)
The site has not been awarded yet. My guess is likely to be May / Jun 2009. |
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benjaminpwl
I'm a baby Shroomy!
Posts:3
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| 29 Jul 2008 12:41 PM |
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thanks..
not sure if i shd go for the bishan dbss or wait for the toapayoh one.. |
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windcloud18
I'm a toddler Shroomy!
Posts:339
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| 29 Jul 2008 01:06 PM |
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Personally, i feel that the dbss @ bishan is quite a bit of walking from the mrt station. If you intend to get a car / have a car already, then its a different story...
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hyacinthus
I'm an expert adult Shroomy!
Posts:11471
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| 29 Jul 2008 01:09 PM |
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u r right. TPY DBSS is definitely much nearer to the interchange than Bishan DBSS.
If you intend to send your kids to Catholic High School, Bishan DBSS is so much nearer =) |
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H@PpY@SK
I'm a teenage Shroomy!
Posts:1722
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| 29 Jul 2008 02:50 PM |
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This plot of land used to be the demolished block of flats I lived in where I was young. |
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hyacinthus
I'm an expert adult Shroomy!
Posts:11471
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| 29 Jul 2008 04:04 PM |
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u have a picture of the demolished flats? =)
let us take a peek into the past. |
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H@PpY@SK
I'm a teenage Shroomy!
Posts:1722
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| 29 Jul 2008 04:09 PM |
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dun have that time so young like 1-2 yrs |
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benjaminpwl
I'm a baby Shroomy!
Posts:3
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| 30 Jul 2008 12:41 PM |
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stayed in tpy for 5 years, love the place.. hopefully it won't cost as much as city view @ boon keng... |
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Chris
I'm a toddler Shroomy!
Posts:137
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| 30 Jul 2008 01:42 PM |
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Not as much but it won't be too far behind, don't get your hopes up, the indicative price for the Bishan DBSS and what the units at AMK DBSS are going for now would probably serve as a good indicator. |
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frontosa
I'm a toddler Shroomy!
Posts:381
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| 30 Sep 2008 11:50 PM |
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Yes dun pin your hope too high, just look at Pinnacle at Duxton or the kallang flats, not cheap. |
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windcloud18
I'm a toddler Shroomy!
Posts:339
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| 02 Oct 2008 09:56 PM |
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i agree... it might jus be as high as City View.. considering the good schools like CHIJ / SJI etc.. |
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hyacinthus
I'm an expert adult Shroomy!
Posts:11471
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| 02 Oct 2008 10:07 PM |
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This site has its views almost blocked by surrounding buildings. the only hope is probably to buy facing Philips... which is the Macritchie reservoir greenery view.
Results of the DBSS Tender
LAND
PARCEL
LOCATION |
TENDER
LAUNCH
DATE |
TENDER
CLOSE
DATE |
TYPE OF DEVELOPMENT |
SITE AREA
(SQ M) |
MAX GROSS FLOOR AREA (SQ M) |
TENDERER'S NAME |
HIGHEST BID ($) |
REMARKS |
| Toa Payoh PH1 at Lorong 1A Toa Payoh |
27 Jun 08 |
19 Aug 08 |
DBSS |
27,479.9 |
115,415.58 |
Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd and Hoi Hup JV Development Pte Ltd |
$198,822,000 |
Awarded on 22 Aug 08 |
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hyacinthus
I'm an expert adult Shroomy!
Posts:11471
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| 02 Oct 2008 10:13 PM |
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Bid for this DBSS is lower at S$160 psf ppr.... compare to S$237 psf ppr for Bishan DBSS. |
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