
Launching: The Holland Collection and Cubik
The boutique developments to be launched on 24 April 2010 are forecast to attract expatriates, single executives and young couples.
Seascape by Ho Bee Group & IOI Group
Location: District 4, 59 Cove Way
When: Estimated in 1H2010
Tenure: 99 years
T.O.P.: 31 December 2010
Type: The 151-unit project will be primarily made up of three to four bedrooms, offering exclusive waterfront living with an unblocked sea view.
Analyst’s forecast: Seascape joins the ranks of W Residences at the Sentosa Cove, an investor’s playground. This project will be highly sought after, with 30% units already sold before the official launch.
The Holland Collection by Lippo Group
Location: District 10, 53 Holland Road
When: Launch on 24 April 2010
Tenure: Freehold
T.O.P.: 4Q2012
Type: Exclusive boutique development in the prime Holland Road district, comprising of 26 units with 19 different layout, size and space configurations. Apartment sizes range from 1,281 sq ft to 3,261 sq ft and will be priced at about S$2,000 psf.
Analyst’s forecast: This project will be popular amongst the expatriate community. Four units have already been sold, including 2 penthouses at the soft launch. It is beside Verdure which was launched last year and all 75 units were snapped up quickly then.
Cubik by EG Development
Location: District 15, Telok Kurau Lorong K
Tenure: Freehold
When: Launch on 24 April 2010
T.O.P.: Estimated 22 September 2011
Type: This Italian-designed boutique development comprises of 20 apartment units of one to three bedrooms and 4 penthouses with a private jacuzzi.
Analyst’s forecast: This boutique development is likely to attract single executives and young couples who are keen to live in the east. Prices estimated at an average of S$1200 psf.
Source credit: Keith Ng, Asia Property Group Pte. Ltd.
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