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.
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