I paid them a visit this morning. The property is being marketed in Singapore by the real estate agency HSR. They were taking a refundable deposit of SGD 3,000. This would lock in the unit and price up until their full launch in March. If you still decided to go forward at that time, you would pay 10%, less 3000.
They have studios (~700k), 1 br (~1M), 2br (~1.4M), 3 br (~1.8M). The sizes vary a lot. 3 brs go up to 1900 sft but has an oversized balcony, around 450 sft. Most 2 bedroooms are park facing. There is not much of a price differential even if it is Marina view vs. Park view (950-1000 psf) and they told me that this was to incentivize the early buyers. They paid for the State Levy and legal fee but NOT the stamp duty, around 3%. They have launched only one tower.
Overall, the sales folks were very cordial but not knowledgeable. The saleslady told me that Traders Hotel at PH was up and running
and also recommended that I go stay there to get a feel for the place. There was nothing yet that convinced me that the quality of interiors would be better than those of Imperia - they did not have a lot of details, other than the fact that the will include floorings, wardrobes, and kitchen (other than refrigerator and washer/dryer). Perhaps, this will be clear during the full launch.
They had locked in 9 units yesterday and 2 more while I was there this morning.
In a nutshell, I am not convinced of the 20% odd premium over Imperia, yet. The only attractive part was the SGD 3,000 refundable option that would lock in your unit and price until March.