Bukit Batok EC Qingjian Realty To Launch After Tengah EC

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Bukit Batok EC is a mature estate with abundant amenities and is close to both the Bukit Batok MRT station and the Pan Island Expressway. As a result, it’s convenient for commuters.

The Bukit Batok EC is a prime residential neighbourhood with abundant amenities and great connectivity. This estate is located near the Pan Island Expressway, which connects various parts of Singapore. The estate is managed by Qingjian Realty, a Singapore-based conglomerate with a diverse portfolio. Its properties include high-end condominiums, townhouses and hotels. In addition, it has a number of executive condominiums.

The Bukit Batok EC is expected to attract strong demand from HDB upgraders and first-time home buyers. It is also close to established schools. With a total supply of only 375 units, the estate is expected to attract hot bidders. According to the developer, the top bid could be as high as $241.2 million for a mid-sized EC plot. This price is much higher than the average land price in the area.

Qingjian Realty is preparing to launch a new executive condo in Bukit Batok. The project is a 99-year leasehold project, and it is expected to offer around 375 units. The company hopes to attract HDB upgraders and other developers to the project. According to reports, the company is likely to receive eight to 12 bids for the mid-sized plot. The top bid is expected to be in the region of $241.2 million.

The Bukit Batok EC is expected to attract new residents, which will benefit the neighbourhood. It will comprise approximately 42,000 new homes, of which 70% will be HDB flats. It will also feature a central park, dedicated walking paths, and other amenities. These features will be attractive to young professionals and encourage them to live in the area.

In Singapore, Qingjian Realty is preparing to launch its Bukit Batok EC, which is expected to draw healthy interest from HDB upgraders and first-time buyers. This is because ECs are priced much lower than private condominiums. A typical Bukit Batok EC plot is worth about $580-$630 per square foot. It is also near established schools.

The EC is located near Bukit Batok Hillside Nature Park, the Le Quest shopping mall, and the Singapore Integrated Transport Hub. Its proximity to these amenities will make it a great investment. The development is also close to the Downtown Line, which links to the Central Business District. Moreover, it is near the Bukit Batok district, which means buyers will be able to commute to work in the city without any hassle. The project will also be near well-developed neighbourhood centres, including a bus interchange.

The Bukit Batok EC is expected to have healthy demand from HDB upgraders and first-time home buyers as ECs are cheaper than private condominiums. The price of the Bukit Batok West Avenue 8 EC is set at S$3,500 per square foot and is expected to be launched in Q2 2023. The EC Tender is open to up to ten bidders.

Qingjian Realty is an award-winning developer with an impressive portfolio of luxury condominiums and apartments in Singapore. The company has been at the forefront of innovative condominium development.…

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Former Park View Mansions Goes for Sale at $260M Collective Sale

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A former park view mansion has gone up for collective sale, with prices starting at $260M, with a public tender closing on 27 July at 2 pm. Located in Bukit Panjang, the property is zoned residential with a maximum height of 12 storeys. A similar property in Tampines Court went for S$575M.

Phoenix Heights condominium in Bukit Panjang is for sale at $260 million collective sale

Phoenix Heights is a 32-unit condominium in Bukit Panjang. The current lease is up in 2019, but the owners plan to redevelop it and apply for a new 99-year lease. A joint venture between OKP Holdings and USB Holdings is planning to redevelop the condominium, and it will seek approval from various authorities for the project.

The sale of Phoenix Heights comes as the Government’s cooling measures are taking effect, aimed at curbing a sharp increase in prices. However, prices are still running ahead of the fundamentals and there is a risk of a destabilising correction in the future. This could be compounded by rising interest rates and a large supply of new residential units.

Phoenix Heights is zoned residential with a maximum height of 12 storeys

Phoenix Heights is a neighbourhood in southwest Toronto, zoned RS (residential with a maximum height of 12 storey) and ZI-2129 (enterprise zone). Both zones are intended to encourage pedestrian-oriented development while ensuring that automobiles can access the neighbourhood. Depending on the height of the development, there is a higher FAR in the height districts two and three than in the other two zones.

Shunfu Ville HUDC estate

Singapore’s largest collective sale of en bloc properties is set to be held on May 23. Shunfu Ville HUDC estate is Singapore’s third-largest en bloc by quantum and features 358 units. The estate is located near Marymount MRT station. The average price of a one-bedroom unit starts at S$703,000.

The price range for the project varies by developer. St Michael’s condominium in Serangoon is expected to fetch $112 million. The development has a high baseline GFA and includes a 10% bonus balcony. With this extra bonus balcony, the proposed plot ratio will be 3.08, which would translate to about $1,072 psf ppr.

Tampines Court HUDC estate sold for S$575 million

The Tampines Court HUDC estate sold to Oxley-Lian Beng Venture Pte Ltd for S$575 million includes a 286-unit development called Rio Casa. The sale comes after an earlier attempt to sell the estate had failed. The owners are expected to pocket between S$1.84 million and S$1.89 million for each unit.

The estate was put up for collective sale in April and more than 80 percent of the owners agreed to an en bloc sale. The price includes development charges and lease top-up premium. The Marina Gardens Condo developers intend to redevelop the site.

Rio Casa HUDC estate sold for S$575 million

The 286-unit Rio Casa HUDC estate on Hougang Avenue 7 in Singapore has just been sold for S$575 million to a joint venture consisting of Oxley Holdings, Lian Beng Group and Apricot Capital. The sale price is significantly higher than its asking price of $450 million. The estate is located close to Hougang MRT station and offers river views.

The consortium of investors is believed to have an 80 per cent majority in Rio Casa. The sale was completed in less than three weeks from the signing of the first contracts. The sale of the property was also supported by a recovery in the residential property market and brisk new home sales. This has fueled the collective sale market, and analysts expect it to remain active this year.

Shunfu Ville HUDC estate sold for $970 million

The estate, which is one of the few remaining HUDC estates in Singapore, was sold for $638 million. That figure is 50% higher than the average price of a unit. The estate’s land area is roughly equivalent to three similar land plots sold under the government’s land sale programme. The sale was facilitated by JLL, a real estate investment firm.

It is the largest residential collective sale in Singapore. The sale includes 305 units, including one and two-storey apartments. The National University of Singapore is one of the owners of some of the units in the estate. The university plans to use the apartments for off-campus accommodation. The average sale price for these apartments is $890,000, with higher prices for units with two storeys.…

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