100% sold out.
Show flat is now closed.
Stay tuned for sub-sales availability.
Sunday, February 15, 2009
Saturday, February 14, 2009
90% of Alexandra Road condo sold
Alexis @ Alexandra - has defied the downturn by attracting overwhelming interest at its preview.
90% of Alexandra Road condo sold
By Joyce Teo
YET another new project - this time the Alexis @ Alexandra - has defied the downturn by attracting overwhelming interest at its preview.
The Straits Times understands that about 90 per cent of the 293-unit project at the corner of Alexandra Road and Commonwealth Avenue has been sold. The sales on Thursday and yesterday were done at prices between $850 and $1,100 per sq ft (psf). Most of the buyers were Singaporeans.
This compares with average prices of around $820 psf for the 99-year leasehold The Metropolitan, next to Redhill MRT station, in the fourth quarter of last year.
Industry sources said it was the affordable absolute price at the freehold project that guaranteed its success.
The near sell-out preview follows similar success at the 712-unit Jurong condo Caspian last week. The first 250 units - priced at $580 psf on average - had sold out by Sunday afternoon. So far, 350 units have been sold.
Alexis is being developed by Yi Kai Development and Fission Group, which bought the site in late 2007.
At least 80 per cent are one- to two-bedders. The developers had adjusted the mix to include more affordable units because of the weak market.
Prices started from about $450,000 for the one-bedroom units, which are about 400 sq ft, and went up to about $650,000 for the two-bedroom units. These are around 630 sq ft.
About a third of the 50 penthouses are still available at prices starting from $1 million.
A DBS group research note yesterday said the strong take-ups at Alexis and Caspian do not signify a recovery.
The market, it said, now seems to favour developments where the absolute pricing is below $800,000, or 'a price that does not break the bank'.
There is some degree of pent-up demand but, with the HDB resale market slowing, this may not be sustained without an economic recovery and greater job security, it said.
FULL ARTICLE
90% of Alexandra Road condo sold
By Joyce Teo
YET another new project - this time the Alexis @ Alexandra - has defied the downturn by attracting overwhelming interest at its preview.
The Straits Times understands that about 90 per cent of the 293-unit project at the corner of Alexandra Road and Commonwealth Avenue has been sold. The sales on Thursday and yesterday were done at prices between $850 and $1,100 per sq ft (psf). Most of the buyers were Singaporeans.
This compares with average prices of around $820 psf for the 99-year leasehold The Metropolitan, next to Redhill MRT station, in the fourth quarter of last year.
Industry sources said it was the affordable absolute price at the freehold project that guaranteed its success.
The near sell-out preview follows similar success at the 712-unit Jurong condo Caspian last week. The first 250 units - priced at $580 psf on average - had sold out by Sunday afternoon. So far, 350 units have been sold.
Alexis is being developed by Yi Kai Development and Fission Group, which bought the site in late 2007.
At least 80 per cent are one- to two-bedders. The developers had adjusted the mix to include more affordable units because of the weak market.
Prices started from about $450,000 for the one-bedroom units, which are about 400 sq ft, and went up to about $650,000 for the two-bedroom units. These are around 630 sq ft.
About a third of the 50 penthouses are still available at prices starting from $1 million.
A DBS group research note yesterday said the strong take-ups at Alexis and Caspian do not signify a recovery.
The market, it said, now seems to favour developments where the absolute pricing is below $800,000, or 'a price that does not break the bank'.
There is some degree of pent-up demand but, with the HDB resale market slowing, this may not be sustained without an economic recovery and greater job security, it said.
Friday, February 13, 2009
Post Launch Update
98% Sold Out.
All 1/2 Bedroom units sold out.
Only 2/3 Bedroom Penthouses remaining.
All 1/2 Bedroom units sold out.
Only 2/3 Bedroom Penthouses remaining.
Thursday, February 12, 2009
Monday, February 9, 2009
Floor Plans
Floor Plans will only be available for registered visitors. Please register when our website reopens!
Sanctuary Terrace
The Sanctuary Terrace offers total privacy, this is to decorate to your own liking, be it a private garden, a personal spa oasis, or simply a solitary pad.
(Artist Impression Brochure Picture)
(Artist Impression Brochure Picture)
Private Jacuzzi Pools
Each Penthouse is specially designed to meet the life style needs of every individual. The Penthouses are double-storey units with the Master Bedroom exclusively nestled on the upper storey.
Each of the Penthouses will have one or more of the following unique features:
Private Jacuzzi Pools
Eight specially designed Penthouses, each having their very own personal Jacuzzi Pool with Hydro Jets, complete with Pool Deck.
(Artist Impression Brochure Picture)
Each of the Penthouses will have one or more of the following unique features:
- Sanctuary Terrace
- Direct Sky Pool Access to sky pool
- Private Roof Terrace
- Private Reflective Pool
- Private Jacuzzi & Pool Deck
Private Jacuzzi PoolsEight specially designed Penthouses, each having their very own personal Jacuzzi Pool with Hydro Jets, complete with Pool Deck.
(Artist Impression Brochure Picture)
75 Metres Sky Pool
The 75 metres long communal sky pool is the crown jewel of Alexis and possibly one of the longest pools built at root level for a residential development.
As a unique feature, six exclusive Penthouses are designed to allow direct access into the Sky Pool from its respective Private Roof Terrace
(Artist Impression Brochure Picture)
As a unique feature, six exclusive Penthouses are designed to allow direct access into the Sky Pool from its respective Private Roof Terrace
(Artist Impression Brochure Picture)
Sunday, February 8, 2009
Alexis preview launch
The Alexis preview launch is confirmed on 12th Feb 2009 (This Thursday). The showsuite along Alexandra Rd will begin to receive visitors that day from 1000hrs. Bookings for individual units can be accepted by developer from 3 pm onwards.
Keep an eye on our blog as we will continue to post artist impression photos from the sales brochure, every few hours over the next two days leading to the launch.
Tuesday, January 20, 2009
Photos - 2009 Jan
First batch of site progress photos has been uploaded. View them here
Alexis Condo Photos
Alexis Condo Photos
Developer Briefing postponed
(Previously scheduled on Wed 21Jan) Developer Briefing which will include Sales Preview Announcement will be postponed till after Chinese New Year (after 28 Jan onwards)
Saturday, January 10, 2009
Unit Type Data
Unit Types has been released. Want to know what unit types are available? Number of units? View it here at the Alexis Condo Information Page
Thursday, January 8, 2009
Official launch date 4th Feb 2009
Official launch date has been confirmed !
Also -
1 Bedroom area will be 430 Square Feet
and 1 Bedroom with Study would be up to 500 square feet.
Also -
1 Bedroom area will be 430 Square Feet
and 1 Bedroom with Study would be up to 500 square feet.
Tuesday, January 6, 2009
Developer has yet to finalise prices
While developer ECPrime has yet to finalise Alexis' prices, it has already tweaked the product given the weaker market sentiment.
FULL ARTICLE
Jan 6, 2009 - The Straits Times
Joyce Teo
PROPERTY hunters put aside the gloomy economic outlook last weekend and turned out in force to check out - and even buy - new flats.
At Nova 88 in Balestier - likely to be the only new official launch so far this year - about 500 visitors thronged the showflat, said developer Roxy Homes.
Some 20 per cent of the flats in the 88-unit development were sold at prices ranging from $900 to $990 per sq ft, it said.
Potential buyers also flocked to re-launches, indicating that pockets of the market are still showing signs of life.
The Nova 88 showflat numbers were similar to those pulled in during the firm's launches last year, but like most other developments, sales have slowed, with buyers and sellers sitting on the sidelines looking for clearer market signals.
Roxy Homes launched Nova 88 last Saturday after holding special previews over two weekends last month.
'We don't hold back launches as our properties are in the mid-range segment,' said Mr Teo Hong Lim, chief executive of listed Roxy-Pacific, the developer's parent.
'If we advertise today and there are no visitors to our showflats, then the market is dead. But now, potential buyers are still going to showflats, so that is the positive part.'
When the Asian financial crisis hit in 1997, showflats were empty, he added.
Still, demand has taken a big hit since Lehman Brothers collapsed in September last year.
'In the pre-Lehman collapse days, I would have launched Nova 88 at $1,250 psf,' said Mr Teo. 'Now, our style is to go for a reasonable price because we are serious in selling.'
Nova 88 is on the former Aik Khiam Mansion site and a piece of state land, which together cost just under $350 psf of gross floor area.
'The sales are encouraging,' said a property consultant of the Nova 88 sales.
The consultant, who declined to be named, said developers are holding off launching projects as buyers are worried about their jobs or possible pay cuts and few are in the mood to buy.
Some property hunters also headed for showflats of relaunches and recent launches such as The Ambra, The Lucent, Lucida and Newton Edge.
Most launches will come only after Chinese New Year later this month. The 293-unit Alexis near Queenstown MRT station is one of them.
While developer ECPrime has yet to finalise Alexis' prices, it has already tweaked the product given the weaker market sentiment.
'We adjusted the mix recently such that a large number of the units will be smaller and thus more affordable,' said director Melvin Poh.
At least 80 per cent of Alexis comprises small units, with one to two bedrooms, up from 60 per cent previously, he said.
At Nova 88 in Balestier - likely to be the only new official launch so far this year - about 500 visitors thronged the showflat, said developer Roxy Homes.
Some 20 per cent of the flats in the 88-unit development were sold at prices ranging from $900 to $990 per sq ft, it said.
Potential buyers also flocked to re-launches, indicating that pockets of the market are still showing signs of life.
The Nova 88 showflat numbers were similar to those pulled in during the firm's launches last year, but like most other developments, sales have slowed, with buyers and sellers sitting on the sidelines looking for clearer market signals.
Roxy Homes launched Nova 88 last Saturday after holding special previews over two weekends last month.
'We don't hold back launches as our properties are in the mid-range segment,' said Mr Teo Hong Lim, chief executive of listed Roxy-Pacific, the developer's parent.
'If we advertise today and there are no visitors to our showflats, then the market is dead. But now, potential buyers are still going to showflats, so that is the positive part.'
When the Asian financial crisis hit in 1997, showflats were empty, he added.
Still, demand has taken a big hit since Lehman Brothers collapsed in September last year.
'In the pre-Lehman collapse days, I would have launched Nova 88 at $1,250 psf,' said Mr Teo. 'Now, our style is to go for a reasonable price because we are serious in selling.'
Nova 88 is on the former Aik Khiam Mansion site and a piece of state land, which together cost just under $350 psf of gross floor area.
'The sales are encouraging,' said a property consultant of the Nova 88 sales.
The consultant, who declined to be named, said developers are holding off launching projects as buyers are worried about their jobs or possible pay cuts and few are in the mood to buy.
Some property hunters also headed for showflats of relaunches and recent launches such as The Ambra, The Lucent, Lucida and Newton Edge.
Most launches will come only after Chinese New Year later this month. The 293-unit Alexis near Queenstown MRT station is one of them.
While developer ECPrime has yet to finalise Alexis' prices, it has already tweaked the product given the weaker market sentiment.
'We adjusted the mix recently such that a large number of the units will be smaller and thus more affordable,' said director Melvin Poh.
At least 80 per cent of Alexis comprises small units, with one to two bedrooms, up from 60 per cent previously, he said.
Sunday, January 4, 2009
Defered payment scheme
Indicative prices are about $900 to $1,000 psf, according to agents. The developer is offering a payment scheme similar to deferred payment, where buyers can pay 20 per cent upfront and then nothing until completion.
FULL ARTICLE
Jan 4, 2009 - The Straits Times
Fiona Chan, Property Reporter
The property market is off to a quiet start this year, with some developers even closing their show-flats temporarily in response to dwindling crowds.
But as home prices continue to fall, house hunters tempted back into the market do have some places to go shopping.
Several small developments are coming on the market, while other projects that have been launched earlier are giving discounts or other buying incentives.
In the Balestier area, developer Roxy Homes is soft-launching two freehold boutique projects this weekend - Nova 48 in Prome Road and Nova 88 in Bhamo Road, both off Balestier Road.
Nova 48 has 48 units while Nova 88 has 88. Both are priced at about $1,000 per sq ft (psf), with a one-bedroom unit of 506 sq ft in size starting at about $500,000.
Another upcoming launch is that of Alexis in Alexandra Road. The freehold development has about 300 units and is less than 10 minutes' walk to Queenstown MRT Station, according to property agents.
Indicative prices are about $900 to $1,000 psf, according to agents. The developer is offering a payment scheme similar to deferred payment, where buyers can pay 20 per cent upfront and then nothing until completion.
But as home prices continue to fall, house hunters tempted back into the market do have some places to go shopping.
Several small developments are coming on the market, while other projects that have been launched earlier are giving discounts or other buying incentives.
In the Balestier area, developer Roxy Homes is soft-launching two freehold boutique projects this weekend - Nova 48 in Prome Road and Nova 88 in Bhamo Road, both off Balestier Road.
Nova 48 has 48 units while Nova 88 has 88. Both are priced at about $1,000 per sq ft (psf), with a one-bedroom unit of 506 sq ft in size starting at about $500,000.
Another upcoming launch is that of Alexis in Alexandra Road. The freehold development has about 300 units and is less than 10 minutes' walk to Queenstown MRT Station, according to property agents.
Indicative prices are about $900 to $1,000 psf, according to agents. The developer is offering a payment scheme similar to deferred payment, where buyers can pay 20 per cent upfront and then nothing until completion.
Thursday, January 1, 2009
Subscribe to:
Comments (Atom)