RV Altitude Projected Launch Pricing
As RV Altitude is still under development, the actual pricing won't be available until further notice. That said, we've included an indicative pricing guide with reference to the past transactions of other luxurious condominiums nearby.
Naturally the actual launch pricing will only be made available closer to the actual showflat launch date which is currently projected to be on 18 Jan 2019.
Given that the property developer acquired the land at an approximate value of $1,528 psf ppr, analyst Tata Goeyardi estimates that the breakeven point for the project could see a remarkable pricing of $2,200 psf ppr, with the indicative selling price to be around $2,500 psf.
This tentative pricing is determined by factoring in the land cost with the construction cost, incurred expenses, and profit margin to give this estimated price.
The major component contributing to this pricing comes from the higher land cost due to the naturally premium area of district 09.
Not surprising, many of the other premium condominiums around the area are selling around this price point or higher.
Roxy Pacific Land Acquisition Price
For your reference, we've included the land acquisition price to give interested buyers an indicative pricing for the units.
|Location||River Valley Road|
|Acquired Price||$110 Million|
|Gross Plot Ratio||2:8|
|Per Sq Ft Per Plot Ratio||$1,582 psf ppr|
Average Selling Price of Nearby Condos
For your reference, we've included the average selling prices of other prestigious condos within close proximity to RV Millenia which will give interested buyers a good gauge of the indicative pricing upon launch. These prices are based on the average of each condo's last 12 months psf selling price.
|Nearby Condos||Average Selling Price (psf)||Estimated Rental Yield|
Register Interest & Stay Updated on Latest Developer Price
Given the sold out nature of luxury condominiums in district 09, RV Altitude is expected to perform or even outsell these condos. As such, if you're considering getting a unit, you'll definitely want to register your interest early to stay updated on the latest developer pricing as well as the official showflat launch date.
All you have to do is fill in the form below and we'll assign an agent to make the necessary arrangements for your showflat viewing.