Floridian @ Bukit Timah Soft Launch! I Eat My Words!

Okay, big sorry to those people whom I led into believing that Floridian is holding out. Perhaps Far East Organization is finally using common sense and is launching the much awaited Floridian to sweep up the hungry mass market (Keep to the left along Bukit Timah Rd and there is a small slip road just after the white Cascadian showroom).

I always thought that Cascadia would launch before the Floridian, but this time its the later that will be doing the benchmarking.

Cheques are being collected already as I type...

Jardin Officially Launches; Floridian, Cascadia Updates

Yeah the Jardin finally 'launched' with prices for the 3rd level lofts going for only $2000psf. Even areas such as Balmoral which is so much closer to town don't fetch that amount. Seriously what is Far East Organisation thinking? Just add $300-500psf above reasonable prices because you have built over 700 developments and received multiple awards no one bothers about?

I really feel bad for people who buy FEO's overpriced units...although they do have a couple of rare bargains.

Also, heard from some reliable sources that Cascadia and Floridian that is just across the road will be holding out for next year. Late 1st Q at least. Maybe by then prices would have gained momentum again and I will be forced to eat my rant above regarding Jardin.

Cascadia Showroom Sneak Peak

I was just about my mid-days browsing when I came across these images of Cascadia's showroom even before it launches. Looks like plenty of effort was spent on making this mass market project look as up market as possible.


Image Source: http://www.livingpod.com

Cascadia? Finally some news?

Source: Straits Times

Bukit Timah (D21) has been long slated to be the next 'spillover' area from escalating property prices along with Meyer Rd (D15).

However what the D15 area has achieved recently has only made its luscious green and hilly counterpart turn only more green in envy.

Projects that have been lined up to launch in D21 have been 'delayed' forever. Leaving agents red faced when clients demand they make good on their 'launching this weekend' promises. These projects are: Jardin, Cascadia, Hillcrest, Floridian and unnamed projects along Shelford Rd and Balmoral.

However the latest development was spotted in a one-liner in the Straits Times to conclude the article on a $2.02b bid on a prime site at Marina: "MGPA has been on an active buying spree here. In March, it agreed to buy Temasek Tower from CapitaLand for $1.04 billion. Last month , it also bought 162 units of Allgreen Properties' Cascadia condominium in Bukit Timah for a median price of $1,527 psf, sources said".

Well there you go folks. Finally after all the hush hush from Knight Frank, the exclusive marketing agent, we know whats going on - the cream of Cascadia is probably being made available for tenancy before brochures are even printed.

Now sit back and watch the Maplewoods, Sterling, Blossomvale and gang skyrocket.