How The Recent Property Measures Will Affect The Sales of Bukit Batok EC

Bukit Batok is a mature estate with many established schools and is an attractive option for buyers who wish to stay for a longer period of time. Moreover, being close to schools saves parents time that they can spend on more productive activities. Also, parents will not have to face traffic jams every day to send their children to school.

With limited private land supply in Bukit Batok, it is not surprising that the market for EC properties in Bukit Batok is highly competitive. The last private housing project to launch in the area was Le Quest, which launched in August 2017. While the development site may have a small number of units, analysts believe that this project will attract HDB upgraders. As such, the price range for the site is from $580 to $630 per square foot.

While the recent property cooling measures have been introduced to curb property …

Park View Mansions Condo Collectively Sold to Chip Eng Seng Developer

This 99-year leasehold property features a rooftop terrace and is valued at $22 million. The three property plays have previously collaborated on joint projects and have also bid to develop the Peace Centre and Peace Mansion together. If the bids are successful, the two developments will form the largest collective sale in 2021.

Park View Mansions

Park View Mansions is set to undergo a collective sale through a public tender. The asking price of $260 million includes a differential premium for optimizing the plot ratio and topping up the existing lease term to 99 years. The developer is expected to sell the units for a profit of about S$1.13 psf ppr.

The developer and investor groups that acquired the Park View Mansions have worked together on past projects. The three developers have a combined stake of 40%. The development comprises 160 units and is held under a 99-year leasehold. The …

Different Locations That Are Sought After For New Launches in Singapore

If you are interested in investing in Jurong new launch condos, you may be wondering why you should choose this property type over resale units. Resale units are ready to be sold off the shelf and are usually built years ago. They may take a long time to sell as they need to wait for the current owner to move out. Also, new launch condos are more expensive than resale units, which means that they are not for everyone.

Ang Mo Kio is a sought-after location

As part of the Central Business District (CBD), Ang Mo Kio is a prime location for new launch condominiums in Jurong. The area is home to a diverse population of high-earning professionals and executives. Moreover, it has good infrastructure. There are many shops, malls, and restaurants in the vicinity, as well as a hospital. As such, Ang Mo Kio is a good choice for …