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The Estuary is all set - finally

Oooh finally! The Estuary at Yishun is ready to preview! MCL Land's 99-year leasehold condo at Yishun will be 2010's first true blue mass market condo. One big question - are the mass market buyers still around or will this year be dominated only by high-end condos buyers? We can't wait to find out!

The District 27, 608-unit condo will have a good mix of unit types in a total of 7 blocks from 15 to 17 storeys high.

As we've mentioned in our previous Condo Watch: 2010 article, The Estuary was bought at a record price by MCL Land back in 2007.

A lack of brand new condos in Yishun, close proximity to MRT and a beautiful reservoir view will ensure significant interest from potential buyers. But will they balk at the price which is rumored to be around $830 - $900 psf?

Prices of District 27 condos are going for around $550-$700 psf. The closest development to The Estuary is the executive condo Lilydale (99yr), which transacted at an avg of $517 psf from Nov-Dec 2009.

Tenure: 99-year leasehold
Site Area: 290,077 sqft
Estimated TOP: 31 December 2013
Floors: 15-17
Units: 608 total, 1BR (85), 2BR (153), 2+1BR (50), 3BR (265) and 4BR (55)
Typical Sizes:
1BR (592 - 603 sqft / 678sqft)
2BR (904 - 926 sqft / 1,098 - 1,119sqft)
2+1BR (1,119 and 1,281 sqft)
3BR (1,184 - 1,302 sqft / 1,302 - 1,442 sqft)
4BR (1,453 - 1,528 sqft / 1,614 sqft)


Facilities:
  • Basement Parking
  • Full condo facilities - i.e. Swimming Pool, Gym, Function Rooms, etc.
  • Jogging Track
  • TWO tennis courts!

Prices
Rumoured to be around $830-$900 psf. Stay tuned.

Launch date: Before Chinese New Year

Location Map

Image: Google Maps. Note: Site overlay is approximate.

A closer view

Image: Google Maps. Note: Site overlay is approximate

Street View

Image: Google Street View.

Layout

Looks as if the reservoir views are maximized. View larger image.

More Artists' Impressions

Evening view.


It's an elevated infinity pool! The deck chairs look to be facing the reservoir.

Required reading - Condo Watch 2010: Part 1.

Images: Brochure


Posted on 02-02-2010 18:12 | By John