With all the land parcel awarded at $566.29 million, the successful bid delivers an essential benchmark for the way the developer may well inevitably posture the venture at launch. Last launch costs will still rely upon aspects like structure principle, device combine, design Expense, business integration and current market disorders at the point of release.
Newport Residences has marketed more than two-thirds of its total units, when River Present day has moved about ninety% of its models lower than two months right after its launch. In addition, builders marketed 697 new non-public households in the CCR in 1Q2026, marking a big leap from the 192 models offered in 1Q2025.
During this week’s episode, we explore a two-Bed room loft apartment situated in the east of Singapore. Spanning roughly ninety five sq.…
Bukit Timah Road GLS is situated in District 11, inside the Newton / Novena spot. Its posture next to Newton MRT provides it solid transportation connectivity and locations it in a perfectly-established residential and industrial node. As compared to much more suburban GLS web sites, this site may perhaps appeal to purchasers who worth central accessibility, metropolis-fringe usefulness and very long-time period scarcity inside of a experienced district.
The point out tender with the ninety nine-12 months leasehold personal housing internet site close to Newton MRT station pulled in eight bids.
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URA’s vision also features a new central Local community plaza near Newton MRT and Newton Food items Centre, predicted to carry a lot more dining, retail, and leisure alternatives to the region. That kind of blended-use integration could even further enrich the positioning’s extended-time period desirability.
Assuming it manages to clinch the newest plot, It might be guiding the initial two new luxurious condos On this new non-public residential neighbourhood.
The deposit are going to be forfeited If your tenderer withdraws after the submission deadline, and is particularly refundable to unsuccessful tenderers. Urban Redevelopment Authority
Want The larger Photograph Behind This Task? Right before focusing on flooring options and amenities, it’s essential to be familiar with the pricing positioning, land benchmarks, supply pipeline and who this undertaking is really fitted to.
At time, the positioning was the primary progress plot launched which was thoroughly zoned for extensive-continue to be serviced apartments. This was also not awarded as The federal government deemed the bid cost as well very low.
He opines that the single bid can also mirror a more calibrated bidding surroundings, characterised by financing factors along with the rising pipeline of long run GLS offer predicted to get launched progressively in excess of the coming many years.
Wilby Bukit Timah delivers 181 apartments with provider meticulously built to present a super fusion of House, consolation, and convenience. Clear of the hustle and bustle, our apartments are suitable for extensive-time period and non permanent stays, a minimum of 3 months remain is needed, earning Wilby Residences ideal for individuals, couples, good friends, and families trying to find accommodation from the urban hustle.