THANKS FOR YOUR INTEREST!!
LOOK OUT FOR NEXT GOOD DEAL. STAY TUNE>>>
Buy Lumiere for 2reasons
a) FOR RENTAL - - Taking the cue from nearby Icon, Lumiere have potential to hit $6.5psf.
$1650 PASSIVE INCOME PER MONTH
· Assuming 60% loan and 35 years repayment, at 1% interest p.a., monthly instalment is $2340.
· At conservative rental of $4000 per month, this will generate $1650 per month passive income!
- sea view - pool/tennis/basketball ct view - city view - BRAND NEW - - Come be the first occupier!!!
- Still under 1year Defect free period
- office
a) If to buy typical office space - - Small office, especially in CBD central area, is hard to come by, might pay higher Psf, usually for ancient old building as stated in the above paper.
b) Great opportunity cost - Save on office rental while sit on superb capital gain - - Imagine using the amt to pay the bank mortgage instead of the monthly rental fees.
Great time to own a ppty!!! As stated in the above article, why pay :-
- $7psf for rental space in International plaza or
- $8 to $9psf in Mapletree Anson or even
- $12 to $15psf in Marina Bay Financial Centre
$1980psf is the CHEAPEST in the mkt.... See past transactions:
Address
|
Tenure
|
PSF
|
Area Sqft
|
Price
|
Contract Date
|
2 Mistri Road #17-04
|
99 Yrs From 21/03/2006
|
$2036
|
506
|
$1030k
|
26 Jan 11
|
2 Mistri Road #11-02
|
99 Yrs From 21/03/2006
|
$1860
|
969
|
$1802k
|
06 Jan 11
|
2 Mistri Road #15-04
|
99 Yrs From 21/03/2006
|
$1937
|
506
|
$980k
|
23 Dec 10
|
2 Mistri Road #21-05
|
99 Yrs From 21/03/2006
|
$2049
|
635
|
$1301k
|
21 Dec 10
|
2 Mistri Road #14-04
|
99 Yrs From 21/03/2006
|
$1799
|
506
|
$910k
|
30 Nov 10
|
2 Mistri Road #11-03
|
99 Yrs From 21/03/2006
|
$1803
|
678
|
$1223k
|
29 Nov 10
|
2 Mistri Road #21-01
|
99 Yrs From 21/03/2006
|
$2009
|
678
|
$1362k
|
26 Nov 10
|
2 Mistri Road #16-02
|
99 Yrs From 21/03/2006
|
$1799
|
990
|
$1782k
|
18 Nov 10
|
2 Mistri Road #20-04
|
99 Yrs From 21/03/2006
|
$1838
|
506
|
$930k
|
25 Oct 10
|
2 Mistri Road #11-05
|
99 Yrs From 21/03/2006
|
$1827
|
635
|
$1160k
|
06 Oct 10
|
2 Mistri Road #29-04
|
99 Yrs From 21/03/2006
|
$2174
|
506
|
$1100k
|
23 Sep 10
|
2 Mistri Road #28-02
|
99 Yrs From 21/03/2006
|
$1999
|
990
|
$1980k
|
23 Sep 10
|
2 Mistri Road #21-04
|
99 Yrs From 21/03/2006
|
$2099
|
506
|
$1062k
|
23 Sep 10
|
2 Mistri Road #28-03
|
99 Yrs From 21/03/2006
|
$2100
|
678
|
$1423k
|
17 Sep 10
|
2 Mistri Road #29-03
|
99 Yrs From 21/03/2006
|
$2153
|
678
|
$1460k
|
16 Sep 10
|
2 Mistri Road #31-02
|
99 Yrs From 21/03/2006
|
$2101
|
969
|
$2034k
|
15 Sep 10
|
2 Mistri Road #25-02
|
99 Yrs From 21/03/2006
|
$1900
|
969
|
$1841k
|
08 Sep 10
|
2 Mistri Road #32-02
|
99 Yrs From 21/03/2006
|
$2075
|
990
|
$2055k
|
31 Aug 10
|
- Guccoland has paid $1.17billion for the big piece of land parcel above Tgr Pagar mrt. N going to spend another $3.3billion to build it into 280m mixed-use development (one of the 4 highest building in spore). - - expected to launch in the range of $2400psf!!
- Keppel Tower has been enbloc.
- Tgt Pagar MY-SG railway is given out to Spore for conservation cum mixed used.
- PSA is relocated to TUAs. Eventual outlook would be waterfront city.
- Pinnacle hdb nearby is slated to sell above $1mil after the 5year MOP.
- Marina house n Anson Centre n South Point is likely to enbloc, henceforth pushing the LUMIERE value.
- Skysuites@Anson is launchin at $1800-2800psf soon!!
SO how to lose your $1.3x mil when so many transformations works is in the pipeline!!!
Development Name | LUMIERE |
Developer
|
BS Shenton Pte Ltd
|
Project Description
|
45-storey block with 6 1/2-storey podium carpark, commercial on 1st storey recreational facilities on the 8th floor and sky garden on the 34th floor
|
Address
|
2 Mistri Road Singapore 079624
|
Tenure
|
99 years wef 21st March 2006
|
Site Area
|
Est 15,000 sqft
|
T.O.P
|
3rd Aug 2010 ( IMMEDIATE MOVE IN! TOP already)
|
Expected Date of Legal Completion
|
Est. Sept 2010
|
No. of Car Park Lots
|
136 ($160 per month for owners/tenants)
|
No. of residential units
|
168
|
No. of shops
|
4
|
Ceiling height
|
Est. 2.9m
|
No. of Lifts
|
3
|
Estimated Maintenance Fee for typical units
|
$5.40 per share
Unit 1/2/3/5 – 57 shares (est. $308)
Unit 4 – 45 shares (est. $243)
#36-01 – 86 shares (est. $465)
#45-01 – 132 shares (est. $715)
|
Recreational Facilities
|
Infinity Pool (20m)/Jacuzzi/Tennis Court/Basketball Half Court/Floating Gym/Multi-function room/Star Gazing Deck/Floating Lounge/Sky viewing garden on the 34th floor & Wireless connection on recreational deck and sky garden
|
Appliances & Fittings
|
Kitchen Hood & Hob, Microwave Oven (De Dietrich)
Fridge (Electrolux)
Washing Machine cum Dryer (Brandt)
Kitchen and Bath Mixers (Damixa)
|
Project Highlights:
Design
- Beacon of lights, a place where urbanites live, work and play.
- The 45-storey tower is a spectacular building to look at, illuminated at night with colourful LED lighting hence its name “Lumiere” (light in French)
- The first approved project in CBD by URA under the new lighting scheme (Light up our City Centre)
- The roofline, a bold statement of the skyline showcases two upward sweeping curves suggesting the movement of 2 hands reaching to the sky; a dynamic gesture. The two glass curves gives a poise definition to the form of the building. The architecture is dynamic and at the same time depicting a sense of elegance.
- Staggered balcony - a play of the façade to break away from the rigidity of the office-like neighbours. Randomness gives a unique texture to the façade.
- Unit mix - it is specifically designed to create an environment which suites the dual usage – office/home or both.
Common Facilities
- Despite situated within the city centre, residents of Lumiere have the luxury of enjoying the full condominium facilities including a tennis court and basketball half court which is a rarity in most of the developments nowadays.
- Sky garden at 34th storey allows residents to nip upstairs to unwind and enjoy spectacular harbour and city view.
- Sky garden and the podium both have wireless broadband connectivity allowing the busy executives to get connected while working out.
- Carpark – will be on “pay as you use” basis. Residents who do not drive will not be imposed for carpark charges under monthly maintenance fee.
Unit Layout Design and Feature
General
- A north-south orientation allows for full-height glass and/or bay windows, increasing natural light and creating opportunities for residents to take advantage of natural ventilation.
- The layout of every unit is specifically designed for dual usage. Layouts are very flexible and easily converted to officer or a SOHO to suit individual’s requirements.
- A full range of appliances are provided including hood, hub, fridge, washing cum dryer and microwave oven
- Every kitchen is designed in a clean one-line manner to enhance a modern clean touch at the same time allowed for flexibility.
- Situated near the coast line, every unit comes with at least one balcony. A special design feature which allows residents to enjoy the view of the tranquil sea. For the office users, it is a unique element which is rare in traditional office environment.
Location
- Lumiere is situated right in between the two exciting hotspots – Marina Bay Sands and Integrated resort at Sentosa.
- Stone’s throw away from all the important financial institutions and professional centres in CBD
- Exciting shopping centres and entertainment hubs are steps away
- Prominence of the site from ECP
- Easy access to MRT (Tanjong Pagar Station est.140m) and bus transportation system.
Why is Lumiere a Good Investment Property?
- Dual usage
- Lumiere is purposely designed to promote SOHO-style living
- Dual growth opportunity for investor – office and/or residential
- Lease out the unit according to market demand or whichever gives the better investment return
- Cost saving especially for office operator or foreign rep office
- Instead of renting a serviced office and check into serviced apartment, company can either buy or lease a unit at Lumiere. Use the living as office, bedroom will be for stay when the executives are in town.
- Prestige address for office operation
- Accessibility – near amenities. MRT, Expressways, Suntec City, Marina Square, Vivo City, Marina Bay Sands & Intergated Resort at Sentosa
- Quieter corner of Shenton Way, not fronting the main road (suitable for home). Yet the building is visible from ECP and Shenton Way
- Full facilities include tennis court, half basketball court and sky garden
- Exclusive 168 units only. Very focus on the target group. Majority of the units are studio and 1 bedrooms
- Conducive for the office operation as there is unlikely to attract family with children to base here. Residents or investors are assured of the environment and the image of the project will be controlled and maintained to be a certain standard.
- Good investment potential
- Capital appreciation (limited supply of residential units within CBD)
Magnificent view from all units
Call/sms Eugene Ho NOW!!!
