Gambier Court Condo for Rent

Gambier Court, 66 Kim Yam Road, off Mohamed Sultan (Peranakan style; Heritage project)
2+1 Bdrm apartment (3rd bdrm is a study but can be used as a bedrm for a single/child bed)
Beautiful wood flooring throughout apartment
Just under 1200 sqft
Facilities: underground carpark & swimming pool
Amenities: close to Robertson Quay F&B outlets; 2 Supermarkets within 5 mins walk (Cold Storage & NTUC); Gym @ Gallery Hotel; 15 min walk to Orchard Road-CentrePoint
Closest MRT: Somerset MRT (10 min walk); Clarke Quay MRT (10 min walk)

Asking rental - $8800

Hamilton Scotts

The Hamilton Scotts is a luxury high-rise residential project that will allow residents to park their cars right next to their own units – even 30 stories up. The first of its kind in Asia, the concept is made possible by elevators that ferry residents’ cars up to their units.

Located at 37 Scotts Road, this development is the tallest in the world incorporating “car porches.”

The condominium consists of 56 units, including 52 three-bedroom units of 2,700 sq ft and two 3,200 sq ft junior penthouse units. Each of these has parking space for two cars.

The remaining two units are 7,100 sq ft triplex penthouses with interior customised to buyer specifications, serviced by an internal lift and come with a rooftop garden and swimming pool. They can accommodate four cars each.

In all cases, the porch is a bonus space not included in the specifications.

The project will be completed by 2011.

More New Launches...

CapitaLand intends to build an estimated 1,500 mid to high-end homes in prime District 10 on a site that currently houses the Farrer Court estate.

The developer and its partners bought the site off Farrer Road in a collective sale last June for some S$1.34 billion.

Revealing plans for the project on Thursday, CapitaLand said the new development will have seven blocks of 36-storeys each, with mainly two, three and four bedroom units. The development will also include 12 garden villas.

The unnamed project is expected to be launched in the first half of 2009.

CapitaLand expects the breakeven cost to range between S$1,350 and S$1,450 per square foot.

Industry watchers said, depending on the market conditions at the time of the launch, the new units could fetch between S$1,500 and S$1,800 per square foot on average.

Farrer Court currently has 618 private apartment units.

The 99-year leasehold site spans 838,488 square feet and has a maximum gross plot ratio of 2.8. It is within walking distance of the future Farrer MRT station.

Source : Channel NewsAsia - 17 Jul 2008

Saturday morning

I have two advertisements running in the newspaper today. One is for a 3 room HDB flat in Toa Payoh Lorong 1 and the other is for rental units at The Ansley (3bedroom), Park Infinia (2 2bedroom + study and a 3bedroom).

I received a call at 8am for the HDB 3 room flat at Toa Payoh. The call was from a young couple planning to get married. They wanted to clarify whether they would qualify for the CPF Housing Grant as well as when would they be required to produce their ROM certificate. To qualify for a CPF Housing Grant, you have to be a Singapore Citizen, be a first timer applicant (never enjoyed a subsidy from HDB) and your combined income cannot exceed $8000. The CPF Housing Grant for family is $30,000 and $40,000 (living near parents/married children). For couples who are bying under the fiance-fiancee scheme, you need to produce your ROM certificate latest by the date of completion of the resale procedure.

More new launches...

CITY Developments Ltd (CDL) has begun to preview its much-awaited Livia
condo at Pasir Ris at an average price of about $650 psf for the initial
batch of units.

Next to Kovan MRT Station, the 512-unit Kovan Residences was soft
launched yesterday and the average price is said to be $870 psf. Both projects
are 99-year leasehold.

Livia, the 724-unit condo is being developed at Pasir Ris Drive 1 on a plot that is part of the group's historical Pasir Ris landbank acquired decades ago.
CDL is developing Livia jointly with Hong Leong Holdings and Hong Realty.
All three companies are part of Singapore's Hong Leong Group. Livia will
have a total of 10 blocks, either 15 or 16 storeys high with units ranging
from two-bedroom apartments to four bedders. There are also 12 penthouses.

Source : Straits Times