Waterview: 200 units sold!

By The Folks @PropTalk - November 19, 2010 2 Comments

According to BT today, Sim Lian Group is understood to have sold about 200 units at its Waterview condo at Bedok Reservoir since it began previewing the project on Tuesday this week. The average price is $838psf.

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On the other side of Bedok Reservoir, along a stretch boasting a more scenic view of the water, Frasers Centrepoint and Far East Organization are selling units at their Waterfront Gold project at about $980psf and at Waterfront Key at around $1,000psf.

Sim Lian has so far released about half or 348 units of the 696-unit Waterview condo.

The 99-year leasehold project will be officially launched today, accompanied by an advertising campaign.

Units in the 15-storey development range from two- to four-bedders; there are also six-bedroom penthouses. Sizes range from 786sqft for a two-bedroom apartment to 4,768sqft for a penthouse.

The project is at the corner of Tampines Avenue 1 and 10, next to The Tropica.

Sim Lian is developing the project on a site that it clinched at a state tender in March this year for $421psf of potential gross floor area.

Most of the units in the Waterview’s 12 blocks face the reservoir, Tampines Quarry or swimming pools in the development.

The condo’s walls will be washed white and have blue glass windows to reflect the water theme for the project.

After reading the BT report, the wife and I wonder if the quality of Waterview condo will be any better than what we have seen of Sim Lian's projects so far. As some of you may be aware, Sim Lian is also the developer of Clover by the Park in Bishan. And speaking from our once “close association” with this project, the interior furnishings and fittings of Clover are not much to shout about. But this is just our… humble opinion… as always.

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2 comments to ''Waterview: 200 units sold!"

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  1. viewed it during their VIP preview, obviously they didn't spend much on the show flat ID, and the interior workmanship is not that promising either.. Can't compare with NV except for the location maybe?

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  2. The facilites are spacious and it is unblocked. Clover by the park has just top. It is a good investment buy.

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