This District 18 condo is closer to Pasir Ris MRT compared to Livia. With eight 12 to 15 storey blocks, NV Residences sits on a fairly large plot of land. Will the units be as spacious as Livia's? For that we'll have to look at the floorplans when they launch.
Tenure: 99 year leasehold
Developer: City Developments Limited (CDL)
Estimated TOP: 2014
Site Area: ~328,110 sqft
Units: 642 units
TWO tennis courts
50m Lap Pool
Unit Breakdown and Typical Sizes (Approximate)
1 BR (495 & 657 sqft) x 27
2 BR (743 & 936 sqft ) x 144
2 + 1 BR (872 – 1,066 sqft) x 144
3 BR (1,087 – 1,259 sqft) x 104
3 + 1 (1,184 – 1,464 sqft x 145
4 BR (1,453 – 1,658 sqft) x 72
5 BR Penthouses (2,497 sqft) x 6
Image: Onemap.gov.sg. Note: Site overlay is approximate.
We see two tennis courts!
According to our sources, we are told that a 2BR unit is going for '$6xxk". Assuming $600k for a 2BR, 743 sqft unit, it works out to $807 psf. Assuming $650k for the same size unit - $874psf.
The average price of Livia was approximately $650 psf back in early 2009. A steal if you ask us. Today's URA caveats, however, show a different story. To date, a single unit sold this month went for $804 psf, while from May-July 2010, the average was $769 psf.
Our guess - $850 to $900psf. Remember it's only a guess.
When all the Chinese 'hungry ghosts' have gone back to their fiery subterranean abodes, i.e., September 2010.
Stay tuned people.
More artists' impressions below:
Garden with Bottle-neck trees (we think!).
As posted in h88.com.sg by John