THE first-day preview of Hong Leong Holdings' Commonwealth Towers drew a crowd of more than 1,500 people on Sunday.
The turnout was so large that Hong Leong had to extend the preview hours - originally scheduled from noon until 8pm - by another two hours.
The show units comprised one-, two- and three-bedders. Show suites for Commonwealth Towers are open for public preview until April 27.
The 99-year leasehold condominium development on Commonwealth Avenue will be launched on May 1.
Prices of the units will be released closer to the launch date. The expected TOP (temporary occupation permit) for the development is December 2017.
*Source from Business Times<br>
POSTED: 02 Apr 2014 23:10
"Real estate agency OrangeTee expects units at these developments to be priced upwards of S$1,600 per square foot (psf)."
"Ku Swee Yong, CEO of Century 21 Singapore, said: "If they (developers) plan to move project sales fast, let's say to achieve 50 per cent sell out within the first two months, they would have to (be) priced at 5 to 10 per cent below current prices, which means pricing from around S$1,300 to S$1,400 psf for the starting price. Kim Tian may have to start higher, S$1,600 plus or even S$1,700 upwards."
"The third project is the 845-unit development by Hong Leong, located opposite Queenstown MRT station at Commonwealth Avenue.
Analysts said the Kim Tian Road site has the highest land cost at S$1,163 psf per plot ratio (ppr), followed by the Prince Charles Crescent plot at S$960 psf ppr and around S$883 psf ppr for the site at Commonwealth Avenue."*Source from ChannelNewsAsia.com
|1 Bedroom||(1)a||41 sqm/441 sqft|
|1 Bedroom||(1)b||41 sqm/441 sqft|
|1 Bedroom||(1)c||44 sqm/474 sqft|
|1 Bedroom||(1)d||42 sqm/452 sqft|
|1 Bedroom||(1)e||45 sqm/484 sqft|
|1 Bedroom||(1)f||41 sqm/441 sqft|
|1 Bedroom||(1)g||43 sqm/463 sqft|
|1 Bedroom||(1)h||44 sqm/474 sqft|
|1 Bedroom||(1)i||43 sqm/463 sqft|
|2 Bedroom||(2)a||64 sqm/689 sqft|
|2 Bedroom||(2)b||64 sqm/689 sqft|
|2 Bedroom||(2)c||70 sqm/753 sqft|
|2 Bedroom||(2)d||64 sqm/689 sqft|
|2 Bedroom||(2)e||65 sqm/700 sqft|
|2 Bedroom||(2)f||70 sqm/753 sqft|
|2 Bedroom||(2)g||74 sqm/797 sqft|
|3 Bedroom||(3)a||84 sqm/904 sqft|
|3 Bedroom||(3y)a||100 sqm/1076 sqft|
|3 Bedroom||(3y)b||96 sqm/1033 sqft|
|3 Bedroom||(3y)c||98 sqm/1055 sqft|
|4 Bedroom||(4)a||1302 sqft|
|Property Name||Commonwealth Towers|
|Address||230 Commonwealth Avenue|
|No. of Blocks||2 blocks of 43 storey|
|Total Units||845 units|
|Estimated TOP||01 Dec 2019|
|Developer||Wealthall Development Pte Ltd. A joint venture between: Hong Leong Holdings Limited, City Developments Limited & Hong Realty (Private) Ltd|
|Tenure/Status||99 years leasehold from 7 May 2013|
|Plot Size||12,086.8 sqm|
|Unit Composition||1-, 2-, 3-, 4-Bedroom units|