An highly anticipated 99 years leasehold new mixed development ( commercial at 1st Storey) will be launching soon in last quarter of 2016! This new development under District 03, will be extremely near Redhill MRT Station, side by The Metropolitian. Alexandra View condo could yield 400 units. Crescent Girls’ School.
|Lease Period||99 years|
|Allowable Development||Residential with Commercial at 1st storey|
|Permissible Gross Floor Area||41,153 m2|
Site was launched for bidding on 30 September 2015 and the bidder was Tang Skyline Pte Ltd.
This translate to $851 psf for the land bidded and estimated break even price is $1,350 to $1,400psf. Launched prices would be estimated to be at $1,700psf onwards!
|LOCATION||ALLOWABLE DEVELOPMENT||SITE AREA||MAXIMUM GROSS FLOOR AREA||SUCCESSFUL TENDERER||TENDERED PRICE
($PSM of GFA)
|Alexandra View||Residential with commercial at 1ststorey||8,398.5 m2||41,153 m2||Tang Skyline Pte Ltd||$376,880,000
A joint venture between Singland Homes and UOL Venture Investments. This developer is no stranger to Singapore’s property market, having joint developed several projects such as Thomson Three, Alex Residences, Mon Jervois and so on..
With walking distance to Redhill MRT station, this will definitely attract future tenants and for those who intend to buy for own safe, this is definitely a safe choice.
Schools nearby includes:
Shopping Malls nearby includes:
For more information, do register your interest via the form below and we will keep you in the loop!