Wednesday, February 3, 2010

New Launch Centennia Suites

Centennia Suites ready for launch


As posted in www.h88.com.sg by John

Centennia Suites, a freehold District 9 condominium along Kim Seng Road, is expected to preview later this week. Developed by Lippo Group, the 36-storey tower has 97 units made up of 2BR, 3BR, 4BR apartments and two penthouses. Read on for price and floorplans.

Built over the old Kim Seng Plaza, it was bought by the developers in late-2006 for $132m and works out to $737 psf ppr, including an estimated $6m development charge.

It is zoned for Commercial/Residential use but looking at the initial layout from the brochure, no shop space seems to be planned. The site is 60,400 sqft with a 3.1 plot ratio, giving it a maximum floor area of 187,200 sqft.

Bucking the recent trend of launch-first-build-later, the developers have already begun construction on the site even before any units were launched (check the URA website if you don't believe me). Why? We wonder too.

Tenure: Freehold
Developer: Lippo Group
Site Area: 60,400 sqft
Estimated TOP: 2012
Floors: 36
Units: 97 total, 2BR, 3BR, 4BR and PH
Typical Sizes:

2BR (1,238 sqft)
3BR (1,755 - 1,819 sqft)
4BR (2,217 - 2,303 sqft)
PH (3,300 sqft and 4,400 sqft)

Price
According to Business Times, Centennia Suites is rumoured to be around $2,000 psf or higher.

By comparison, caveats lodged for nearby developments:

Location Map

Image: Google Maps. Note: Overlay is approximate.

Site Layout

The apartments are arranged into three columns, one for each unit type.

Unit Distribution

Units begin on the 4th storey onwards

Floorplans

Type A - 2BR


Type B - 3BR


Type C - 4BR

Artist's Impressions

Pool View


via Business Times - "Developers brimming with new launches" and Asiabuilders.com - "Lippo pays $132m for Kim Seng Plaza"

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