The Alps Residences

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27/07/2017

From Bernard Lee (Huttons):

A strong turnout for the GLS site at Serangoon North Ave 1 with 16 bidders, matched by bullish highest bid of $965 psf ppr from JV between Keppel and Wingtai.

Developers seem to be trying to outdo each other in their land bid prices. The highest bid is 16% higher than the price put in for the Serangoon Ville enbloc, and 36% higher than the land price for Forest Woods.

This works out to a breakeven price of just below $1,400psf and a potential selling price of around $1,700psf. It is hard not to believe prices will be up!!

http://www.straitstimes.com/business/whats-the-top-bid-of-s44628-mil-for-serangoon-north-avenue-1-private-residential-site

Former HUDC estate Serangoon Ville sold enbloc for $499 million. Serangoon Ville became the 6th successful enbloc in 201...
27/07/2017

Former HUDC estate Serangoon Ville sold enbloc for $499 million.

Serangoon Ville became the 6th successful enbloc in 2017. With 5 more months to the end of 2017, the number of successful enbloc already double that of the whole 2016. Serangoon Ville's successful enbloc further reinforce a recovery of Singapore's property market.

With sales volume picking up and limited GLS, developer stock are dwindling thus, the market is seeing greater and active participation by various developer in their acquisition for land . At $835psf ppr (inclusive of intensifying use), the successful land bid would probably see eventual lunch price of approximately $1350psf to $1450psf.

Moving forward, uptrend seems inevitable. So if one is still sitting on the fence, one appears to be vulnerable.

(source: Straits Times 27 Jul 2017)

Expected to T.O.P. in mid 2019/20, THE ALPS RESIDENCES is a 99 years leasehold condo development located in Singapore's ...
27/07/2017

Expected to T.O.P. in mid 2019/20, THE ALPS RESIDENCES is a 99 years leasehold condo development located in Singapore's first regional center and mature estate of Tampines. Since it's preview in October 2016, more than 80% has been sold, making it one of the hottest selling new launch in 2016/17.

Why is The Alps Residences selling so well?

For more info, please call 97993883 today.

http://the-alps-residences.push.sg

Inspired by the famous mountain range that stretches 1200km and spreads across 8 alpine countries in Europe, The Alps Residences is a 99 years leasehold development by renowned developer MCC land. Located in the much sort after matured town of Tampines, The Alps Residences promises to be the develop...

Most desired 3BR 1066sqft  (Varanda & Pool Facing) from $1,129,000 or $1059psf only!!
27/07/2017

Most desired 3BR 1066sqft (Varanda & Pool Facing) from $1,129,000 or $1059psf only!!

Beautiful and highly functional 2BR (689/700sqft)Last 4 units available direct from developer!!•  #02-32 $796,000 (Last ...
27/07/2017

Beautiful and highly functional 2BR (689/700sqft)

Last 4 units available direct from developer!!
• #02-32 $796,000 (Last 689sqft)
• #03-32 $800,000 (JUST SOLD)
• #02-31 $802,000
• #03-31 $807,000
• #04-31 $811,000

For more info please call 97993883 today.
http://the-alps-residences.push.sg

Address

101 Tampines Street 86
Singapore

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