Category Archives: Property Land Bid Prices

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Private Home Prices to Rise 10% by end 2018

Some developers are already increasing prices for the existing launches in due to the land bidding and enbloc fever. If you are ready to commit to new launches, wait no more!


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45 Amber Gardens, Currently Ban Nee Chen Nursery to Launch estimated in 2018

Land Parcel at Amber Road

A site in Amber Road that has housed a landscaping and nursery business (Ban Nee Chen nursery) for more than 30 years has been sold to property developer UOL for $156 million.

The plot of about 70,000 sq ft at 45 Amber Road, which was owned by developer Sin Lian Huat, is sandwiched between two condominiums – The Shore Residences and The Sea View.

Mr Liam Wee Sin, UOL’s deputy group chief executive, said in a statement to The Straits Times that the deal was an opportunity to acquire a rare freehold residential site.

“The quantum of the site is relatively low and it is close to many amenities – established primary schools, eateries, and within walking distance of upcoming MRT stations Marine Parade and Tanjong Katong, which are estimated to be completed in 2023,” he said.

Dr Lee added that the site is also close to East Coast Park.

Source: http://www.straitstimes.com/business/uol-buys-amber-road-site-for-156m

With a plot ration of 2, the site will be able to yield an estimate of 190 residential units in a single block of 22-storey tall.


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Changi Garden: To Ride On En-Bloc Wagon

Not suprising for hopeful owners to ride on the current ennloc situation.

Asking for $196 million which translates to about $700psf. For a freehold land of 200,093sqft.


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En-Bloc Fever

Interesting thoughts from various representatives about en-bloc fever situation in Singapore.


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Alexandra View Condo ( Upcoming new condo launch!)

Alexandra View Condo (Launching soon in 2016)

Facts of Alexandra View

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.

Location Alexandra View
Site Area 90,417sqft
Lease Period 99 years
Allowable Development Residential with Commercial at 1st storey
Permissible Gross Floor Area 41,153 m2

Estimated Launch Prices

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
($9,158.02)

Alexandra View (Parcel A) - Aerial View

Source: URA

Alexandra View Condo Developer

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..

Nearby Alexandra View Condo

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:

  • Sri Manasseh International School
  • Gan Eng Seng Primary School
  • Crescent Girls’ School
  • Alexandra Primary Schoool

Shopping Malls nearby includes:

For more information, do register your interest via the form below and we will keep you in the loop!

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