Top bid of $446.28m for Serangoon North Avenue 1 – Garden Residences private residential site

Serangoon North Avenue 1 – Garden Residences

Private Residential Site fetches TOP BID of $446.3M

The public tender for a private residential site in Serangoon North Avenue 1 – Garden Residences attracted 16 bids.

Corson and Wingjoy Investment – units of Keppel Land and Wing Tai Holdings – jointly placed the top bid of $446.28 million, the Urban Redevelopment Authority (URA) said on Thursday (July 27) and Serangoon North Avenue 1 – Garden Residences private residential will launch in June 2018.

The price works out to about $964.8 per sq ft per plot ratio for the 99-year leasehold plot, which could yield 505 private homes.

The top bid was about 6.6 per cent higher than the second of $418.7 million tabled by FCL Residences. Singland Homes and UOL Venture Investments jointly submitted the third highest bid at $417.2 million. The site has a land area of 17,189.1 sq m and permissible gross floor area of 42,973 sq m.

Serangoon North Avenue 1 - Garden Residences

The venture lodged an aggressive bid of $446.28 million or about $964.80 per square foot per plot ratio (psf ppr) for the plot.

The site in Serangoon North Avenue 1 is near Hougang, an area that has hogged headlines in recent days with the sell-out launch at Hundred Palms Residences executive condominium (EC) and the collective sale of Serangoon Ville.

Analysts say rising optimism in the property market stoked interest among developers for the 99-year leasehold public tender plot.

Keppel Land and Wing Tai Holdings said in a joint statement yesterday that they plan to develop around 600 homes on the 1.7ha site. “We are confident that this new development will see positive demand as there have been few new condominiums launched in recent times in the popular Serangoon Gardens area,” noted Keppel Land chief executive Ang Wee Gee.

Mr Nicholas Mak, head of research and consultancy at ZACD Group, noted that a third of the bids were “bullish” at over $860 psf ppr, despite the site not being near an MRT station.

“(It) signals both the developers’ hunger for land as well as their willingness to bet on a strong price recovery in the Singapore residential property market by the time the development is ready for launch,” Mr Mak added.

Mr Desmond Sim, head of CBRE Research for Singapore and South-east Asia, said: “The strong turnout could also be an indication that developers have accepted that the trough of the market is here.”

Keppel and Wing Tai’s bid was about 16 per cent higher than the land price for privatised HUDC estate Serangoon Ville nearby, which was bought in a collective deal by an Oxley Holdings-led consortium on Wednesday for $835 psf ppr. This included extra charges for lease top-up and intensifying land use.

Analysts expect that the average selling price of the new development could range from $1,500 to more than $1,600 psf based on the top bid.

“The sell-out of Hundred Palms EC in seven hours last weekend has boosted developers’ confidence in the pricing power for mass market homes in the locality,” said Cushman & Wakefield research director Christine Li.

Wing Tai Holdings noted that the project’s location in a mature estate and the amenities in the area, including the popular Chomp Chomp Food Centre, will appeal to buyers.

Consultancy Edmund Tie & Company expects the project to see “strong demand from HDB upgraders staying in the area”.

Serangoon North Avenue 1 – Garden Residences private residential launch for 2018

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November 1, 2017November 1, 2017

Nim Collection

NIM COLLECTION

Nim Collection – Strata Landed Development by Bukit Sembawang

Nim Collection is a new luxury landed development that is well positioned in District 28 along Ang Mo Kio Avenue 5 via Nim Road and Nim Rise. With various configuration and sizes available, there will be a configuration and layout that suits you and your family. It allows for multi-generational living under one roof. TOP is expected to be in the year 2021.

This project from Bukit Sembawang, also the developer for Watercove is located right in the heart of Ang Mo Kio, in District 28 near shopping centres like The Seletar Mall and Greenwich V Shopping Centre. With a prime location like this, living is not only comfortable physically, but financially too. This 99-years leasehold development is certainly something to keep an eye out for with the exclusive and serene lifestyle you’ve been missing.

NIM COLLECTION is a new luxury landed development that is well positioned in District 28 along Ang Mo Kio Avenue 5 via Nim Road and Nim Rise.

Nim Collection 81005888

Located along Ang Mo Kio Ave 5, this is an upcoming new launch of 98 landed houses by Bukit Sembawang Estates.

PROPERTY INFO‏

Number of Units : 98

Tenure : 99 years leasehold

TOP : 2021

UNIT CONFIGURATION

Intermediate Terrace : Land: 1,615 – 2,124 sqft; Built-up: 4,252 – 4,790 sqft
Corner Terrace: Land: 2,166 – 4,100 sqft; Built-up: 4,198 – 4,532 sqft
Semi-Detached House : Land: >3,000 sqft; Built-up: >5,100 sqft

Latest Developer Launch

Bukit Sembawang has certainly made a name for itself with the estates that it sells. In fact, it just recently sold a minimum of 18 units of its sea-facing terraces at Watercove for $2.3 million.

Overall, Watercove is composed of 80 strata terrace houses along Wak Hasan Drive, which is located in Sembawang. It was launched on July 8^th and already had good number of sales, with an average price per square foot of $738. Of course, the demand is understandable thanks to the beautiful seafront location with units from 3,200 to 4,400 square feet.

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December 11, 2016December 11, 2016

Watercove

WATERCOVE

Watercove – Seafront living homes by the park

Watercove – Located next to the tranquil Sembawang Park, Watercove Ville will take your breath away with its views of the majestic ocean horizon. This luxury freehold development comprises of 80 strata houses with a basement carpark and clubhouse facilities. There’s also a pool of eateries, schools, country clubs and other amenities just minutes from your residence.

Pleasantly detached from the din of city life is a beautiful, restful enclave right next to the sea. Watercove Ville is an elite resort-style residential complex, perched on the northern shore of the island. It’s within the verdant neighborhood of Sembawang Park, and has a stunning vista of the Straits of Johor.

This new enterprise is a freehold property by Bukit Sembawang Estates Limited, a leader in Singapore’s real estate industry. Bukit Sembawang Estates has a track record of producing superior residences and some of the most elegant upmarket properties in the island city; you can trust that Watercove Ville is surely an expression of quality and sophistication.

It’s an exclusive community reserved for those who won’t settle for anything less than the best in life. The development brings forth a selection of dazzling semi-detached terraced homes that embody the ultimate comfort culture. To give you an extra special treat, the site also comes complete with lifestyle offerings found at topnotch beach resorts, including a swimming pool, a clubhouse, and other luxuries.

Living at Watercove Ville is like having an endless summer retreat at a tropical paradise. You can begin each day reveling in the sun-kissed ambiance, and open your windows to look out into the shimmering blue waters. Let the soothing cadence of theundulating waves lull you to sleep at the end of each day, as you admire an unobstructed view of the starry night sky. It’s a lifestyle of extreme contentment and leisure – one that you can’t experience anywhere else in Singapore.

WATERCOVE INFORMATION

PROJECT NAME : WATERCOVE
ADDRESS : Wak Hassan Drive, Singapore
TYPE : Strata Landed Housing
# OF UNITS : 80 Strata Houses
TENURE : Freehold – Estate in Fee Simple
BUYERS ELIGIBILITY : Singaporean Only
T.O.P DATE : 2nd Quarter of 2019
LAND SIZE : TBA
DEVELOPER : Sembawang Estates (Pte) Ltd
ARCHITECT : P & T Consultants Pte Ltd
BUILDER : V3 Construction Pte Ltd
UNIT MIX / SIZE (APPROX) :
47 Inter Terrace Houses with basement, seafront facing
29 Inter Terrace Houses with basement and an Attic
4 Semi-Detached houses with a basement

WATERCOVE LOCATION

Located next to the tranquil Sembawang Park, Watercove will take your breath away with its views of the majestic ocean horizon. This luxury freehold development comprises of 80 strata houses with a basement carpark and clubhouse facilities. There’s also a pool of eateries, schools, country clubs and other amenities just minutes from your residence.

AMENITIES

Watercove is sufficiently distanced from the hustle and the bustle of the central metropolis, yet it isn’t at all isolated from all the comforts of city living. As a matter of fact, there are a lot of entertainment, dining and recreational destinations within the area. There are a lot shopping places where you can find an assortment of boutiques, supermarkets, banks and various eateries. Take a trip to Sembawang Mart, Sembawang Shopping Centre, Sun Plaza, or Canberra Shopping Centre for your leisure and retail needs. There’s also Chong Pang City in Yishun, which has restaurants, a food plaza, a wet market, a supermarket, clinics, and a number of shops.

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December 11, 2016February 13, 2017

Seaside Residences

SEASIDE RESIDENCES – FCL

Seaside Residences is an exciting Sea-View new launch at East Coast by reputable Developer, Fraser Centrepoint. The condo along Siglap Link stands majestically at 27 storeys high, with an estimate of 840 units offering breathtaking panoramic sea view. Seaside Residences aims to home-owners in the mid and upper segment and is expected to get it TOP in 2020.

seaside residences

Seaside Residences Factsheet

Project Name	Seaside Residences
Address	at the junction of Siglap Road and East Coast Parkway.
Developer	The consortium of Frasers Centrepoint, Sekisui House, Ltd. and KH Capital Pte. Ltd
Tenure	99 years leasehold
No. of Units	840 units
Site Area	19,309.6 m2 / 1.9-hectare.
Permissible Gross Floor Area	7,584 m2
Expected TOP	Q2/2020

Seaside Residences will boost the islandwide-travelling convenience for all residents with the future Siglap MRT on Thomson-East Coast Line (TEL) that will complete in 2023, just 3 minutes away from your home.

AMENITIES FOR SEASIDE RESIDENCES

The new condo @ Siglap Link is in the close vicinity to 2 major buzzling towns including Marine Parade and Bedok that means there is never a boring moment around your home. Welcome a lot of extensive shopping experiences at I12 Katong, Bedok Mall and Parkway Parade. In addition, with a variety of dining outlets, hipsters cafes, bistros from Siglap all the way to Katong, it is no wonder it is well known to be the “Holland Village of the East”.

Make its own address in East Coast – one of the top most sought after private residential enclave, residents can also enjoy all the pleasure and convenience of a typical urban living.

Not only just mins drive to CBD and Changi International Airport, a food haven, shopping and entertainment amenities, highest concentration of renowned top local and international schools, most important of all, it is alongside the East Coast Park where some condominiums offer rare ‘million-dollar sea views’ & seafront recreational lifestyles.

The land parcel is located near regional centres such Tampines Regional Centre, Paya Lebar Sub Regional Centre and Changi Business Park.

siglap residences

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December 11, 2016March 30, 2017

Artra Condo

ARTRA CONDO – TANGS SKYLINE

Bidding was keen though measured for a mixed-use site in Alexandra View next to Redhill MRT station and this will be known as Artra condo

A total of 10 bidders participated in the tender which closed yesterday. The top bid of $376.88 million, or $851 per sq ft per plot ratio (psf ppr), was put in by Tang Skyline, part of Tang City Holdings or the Tang Group of companies.

This attractive land parcel is located next to Redhill MRT station, within an established residential estate. The site is to include a maximum 21 commercial units, including a supermarket of at least 1,000 sq m. Smaller commercial units have been set at a minimum size of 50 sq m each.

Taking away the maximum commercial gross floor area (GFA) of about 2,000 sq m, this means a maximum average GFA per residential unit of about 98 sq m – far more than usual 70 sqm.

ARTRA CONDO – CHOICE LOCATION WITH EXCELLENT ACCESSIBILITY

CHOICE LOCATION WITH EXCELLENT ACCESSIBILITY
This attractive land parcel is located next to Redhill MRT station, within an established residential estate.

RECREATIONAL FACILITIES Residents can enjoy quiet respites at the nearby recreational parks at Telok Blangah Hill, Mount Faber and Alexandra Park Connector.

CHOICE LOCATION WITH EXCELLENT ACCESSIBILITY
This attractive land parcel is located next to Redhill MRT station, within an established residential estate.

AMENTITIES FOR ARTRA CONDO

CLOSE TO AMENITIES The land parcel is located near commercial amenities such as Tiong Bahru Plaza, Queensway Shopping Centre and IKEA Alexandra. The future development is also ideal for families with school-going children, with Crescent Girls’ School and Gan Eng Seng Primary and Secondary Schools located nearby. The other amenities include: Queenstown Secondary School, Alexandra Park Connector, Alexandra Post Office, Delta Sports Hall and Recreation Centre, Delta Swimming Complex, Leng Kee Community Centre, Redhill Market and Food Centre and of course the Redhill MRT Station.

The Google Map can be seen in the picture above with the surrounding condominium developments. This plot is the nearest to the Redhill MRT Station for the East-West line.

ARTRA CONDO SITE PLAN

However, more information on the Artra Site Plan is available via this analysis – Analysis of Tang Skyline Developer’s Package.

Thanks for your interest in our site. This site was created to help you quickly get information about Artra Condo, read reviews and find the best service providers to do business with.

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December 9, 2016December 11, 2016

Queens Peak

QUEENS PEAK

Located opposite Queenstown MRT, Queens Peak is located along Dundee Road, in the mature Queenstown satellite town. Queens Peak, which will be launched, has 736 luxurious units, comprising 2 tower blocks and ranging from 1 to 5 bedroom sizes and large single level penthouse units with private pools.

Its design is driven by organic architecture where harmony is promoted between the abode and the natural environment. For example, at each alternate level, the gardens extend from the respective lift lobby, serving as communal sky gardens. They also serve as a social space to foster communal living in the sky. Residents will enjoy facilities at the ground level, 7th storey as well as 27th storey sky gardens. Within the curvilinear façade lies rectilinear spaces to ensure excellent space planning.

Queens Peak is a direct link on the East West train to Changi Airport as well as the Future High Speed Rail to Malaysia. This suits the lifestyle of the well-heeled who crave inner city living. Queens Peak embodies the confluence of style and smart location. The locale is a short drive to the CBD and the premier Orchard Road shopping belt, Great World City and Dempsey Hill. Interesting hawker centres and quaint outlets are found in its neighbourhood such as Mei Ling Street, Alexandra Village Food Centre, and ABC Brickworks Market and the hip Tiong Bahru and Holland Village precincts.

MCC Land is project managing it for developer HY Realty (Dundee) Pte Ltd.

Project Summary:

Name of Development	: Queens Peak
Developer	: HY Realty (Dundee) Pte Ltd (UEN: 201530299W)
Developer License number	: C1206
Address	: Dundee Road
District Number	: District 03
Tenure/ Lot Number	: 99 years commencing on 28 Sep 2015
MK / Lot Number	: Lot No. 5210T of Mukim 3
Encumbrances on the Land	: (1) Mortgage IE/310692C in favour of Malayan Banking Berhad (2) Mortgage IE/330064R in favour of China Taiping Insurance (Singapore) Pte Ltd
Project Account Details	: Malayan Banking Berhad for Project Account Number 04013001219 for HY Realty (Dundee) Pte Ltd
Site Area	: 10,516.10sqm
Total GFA	: 50,874,29sqm
Land Tender Award	: 30 Jun 2015
Land Handover Date	: 30 Aug 2015
Expected Vacant Possession Date	: 31 Dec 2020
Expected Legal Completion Date	: 31 Dec 2023
Description	: Queens Peak located at Dundee Road, featuring 736 units comprising 2 blocks of 44 storey residential units, 7 zones of 77 facility items including 50m lap pool, a childcare centre and 1 shop unit
No. of Units	: 2 Tower Blocks (736 units)
Unit Types	: 1BR, 1BR+S, 2BR, 3BR, 4BR, 5BR, PH 6BR
No. of Carpark	: Total 593 carpark lots (589 residential lots including 5 handicap lots, childcare 3 parking lot, retail 1 parking lot); 124 Bicycle lots

QUEENS PEAK – CHOICE LOCATION WITH EXCELLENT ACCESSIBILITY

Nearby shopping malls that are close to Queens Peak include IKEA, Alexandra Central, Queensway Shopping Centre and Anchor Point Shopping Mall. Tiong Bahru Plaza and Vivo Shopping Centres are both also just a few MRT/Bus stops away. Well-established schools such as New Town Primary School, Queenstown Primary and Secondary, Alexandra Primary School, Crescent Girls School, etc are all within 1-2 km away from Queens Peak.

CHOICE LOCATION WITH EXCELLENT ACCESSIBILITY
This attractive land parcel is located next to Queenstown MRT station, within an established residential estate.

The Map can be seen in the picture above with the surrounding condominium developments. This plot is the nearest to the Queenstown MRT Station for the East-West line.

QUEENS PEAK SITE PLAN

QUEENS PEAK SITE PLAN – BOTANIC COLLECTION

Queens Peak Botanic Collection series are from Level 8 to 26. Spread across 2 Towers (Block 1 and Block 3), each tower has thirteen units per floor serve by 4 common lifts and 2 private lifts. It consists mainly the 1 Bedroom (Type A1, A1a, A2, A2a), 1+Study (Type AS2, AS2a), 2 Bedroom (Type B1, B1a, B2 & Type B3) and 3 Bedroom (Type C1).

QUEENS PEAK SITE PLAN – SKYE COLLECTION

Queens Peak Skye Collection series are from level 28 to 43. Spread across 2 Towers, it consist of eight units in Block 1 and seven units in Block 3. Each floor is serve by 4 common lifts and 2 private lifts. Units are mainly the 3 Bedroom (Type C2-C8), 4 Bedroom (Type D1) and 5 Bedroom (Type E1).

QUEENS PEAK SITE PLAN – FACILITIES

Queens Peak Condo is situated in District 3, in the mature Queenstown satellite town, in Singapore along Dundee Road. It is opposite to Queenstown MRT station (East-West Line) and also close to the upscale Tanglin precinct and a short drive to Singapore’s premier shopping district, Orchard Road. Ikea, Alexandra Central, Holland Village, Dempsey Road as well as Queenstown Primary and Secondary School, New Town Primary School and National University of Singapore.

Queens Peak Residences consists of 7 zones of 77 facility items including 50m lap pool, a childcare centre and 1 shop unit. The facilities are spread across level 1, level 7 and level 27.

Queens Peak – Level 1 Site Plan

Queens Peak – Level 7 Site Plan

Queens Peak – Level 27 Site Plan

Typical Queens Peak Floor Plans

Queens Peak Floor Plans Conclusion: Typical One Bedroom in Queens Peak hovers around 431 – 441 Sqft. While Two Bedroom units are in the range of 624 – 775 sqft and finally Three Bedroom are in the range of 807 – 1055 sqft. We should be able to see units with functional and efficient layout to make up for the reduction of square footage.

Why buy Queens Peak?

– Reputable Developer with extensive experience and development such as The Santorini, The Poiz Residences and Northwave Executive Condominium
– Queenstown MRT station right at the door step
– Well situated at the heart of three well-developed neighborhoods (Queenstown, Redhill and Tiong Bahru) provide a wide range of business, leisure and dining amenities as well as excellent transport connection
– Short drive to a wide range of recreation and dining amenities such as Holland Village, Alexandra Central, IKEA, Queensway Shopping Centre and The Anchorage
– Located within an established of residential estate and a short 10 minutes’ drive to Orchard Road, the Central Business District, Marina Bay and the Southern Waterfront
– Great rental potential from Central Business District, NUH, NUS, One North, Fusionpolis, Biopolis and Singapore Science Park
– Reputable schools such as Gan Eng Seng Primary, Crescent Girls’ School, CHIJ St Theresa Convent, ACJC, Singapore Polytechnic and National University of Singapore.

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December 9, 2016December 26, 2016

Park Place Residences

PARK PLACE RESIDENCES – LENDLEASE

Park Place Residences at Paya Lebar Central is the residential component for Paya Lebar Quarter. The condominium will have an estimated 440 residential units varying in sizes to cater the different needs of owners and investors. Located right next to Paya Lebar MRT Interchange which serves both the East West Line and Circle Line, future residents can enjoy the ease of travelling via public trains to different part of Singapore, reducing the time taken to travel to work and school.Paya Lebar, is a sub-regional center in Singapore which provides plenty of employment opportunities for those who prefer to work close to home. There are also plenty of reputable local and international schools for those with school going children. Some of the schools are Geylang Methodist School, Maha Bodhi School, Cedar Girls’ School, Tanjong Katong Girls’ School, Chung Cheng High School (Main), Kong Hwa School and James Cook University.

Park Place Residences will boast an extensive list of communal facilities, providing a platform for live & play balance and family bonding. The structural design of the building completed with the top notch furnishes provided will definitely leave your families and friends in awe. For a quality shopping and dining experience and even a quick bite or last minute grocery shopping, everything is just right at your doorsteps. Lend Lease who is also the developer for JEM, Parkway Parade and 313 @ Somerset, will ensure that quality will not be short changed.

AMENITIES FOR PARK PLACE RESIDENCES

CLOSE TO AMENITIES AND OPPORTUNITIES – The land parcel is located near regional centres such Tampines Regional Centre, Paya Lebar Sub Regional Centre, Tai Seng Business Hub and Changi Business Park. The future development is also ideal for families with school-going children, with Geylang Methodist School, Maha Bodhi School, Cedar Girls’ School, Tanjong Katong Girls’ School, Chung Cheng High School (Main), Kong Hwa School and James Cook University located nearby. The other amenities include: One KM, City Plaza, Paya Lebar Square, East Coast Park, Kallang Riverside Park, Sports Hub and of course the Paya Lebar MRT Interchange (East-West Line & Circle Line).

CHOICE LOCATION WITH EXCELLENT ACCESSIBILITY
This attractive land parcel is located next to Paya Lebar MRT Interchange, within an established Regional Centre.

PARK PLACE RESIDENCES SITE PLAN

There are no site plan as of now as the plans are still in the midst of approval.

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