The Bukit Batok EC development is a 12-acre site with up to 375 units. The development is located near the North South Line. It is expected to attract high bidders. The price of the units is expected to be around $630 per square foot.
Bukit Batok EC is located near the Pan Island Expressway and provides residents with easy access to various parts of the city. The site is also near a park and future high-rise residential projects. The development is expected to attract at least eight to twelve bidders. The top bid is expected to be around $241.2 million. The tender closes on Mar 8 at noon.
EC prices have continued to rise in Singapore, with the highest appreciation recorded at Treasure Crest, which was launched in 2016. Twin Waterfalls’ price rose by nearly 50% by the end of the same period. While there are some factors that can cause prices to decline, most EC projects gain in value in the long term. The affordability of the condo facilities and low acquisition costs mean attractive capital appreciation.
One of the most enticing features of Bukit Batok EC is its location. It is near the Bukit Batok MRT station, a bus interchange, and other amenities. It is also close to existing and upcoming shopping centers. Consequently, it’s ideal for buyers looking for a convenient location in the city without compromising on space and comfort.
With a prime location in the heart of Bukit Batok, Hillion Residences at Senja EC is within walking distance to major amenities and transportation. It also provides quick access to the Central Business District and Orchard Road shopping district. The development offers resort-style facilities such as a swimming pool, fitness centre and jogging track, and has 24-hour security.
The development is convenient to public transportation and is located near several bus interchanges. The nearest bus stop is BLK 548B. It is about 1.07 km away. This means that it is accessible to many parts of Singapore by bus and MRT. The development is also convenient to nearby amenities and schools.
The development is located in Bukit Batok EC, a prime location that boasts prime education facilities and prestigious schools. It is estimated that the development will attract between eight and 12 bidders. In terms of pricing, it is anticipated to fetch $241.2 million for the project.
The Parc Central Residences group is confident in the sales results of its Bukit Batok EC. A total of 3,700 visitors visited its sales gallery during the first weekend and another 2,000 attended during the second weekend. However, the group said that buyers did not seem in a hurry to commit. They plan to launch three more ECs during the next three quarters, between 3Q2022 and 1Q2023.
The Bukit Batok EC site is located near Jurong East shopping centre and is expected to yield 375 units. Its proximity to public transport like buses and the LRT will help attract diverse buyer groups. In addition, the development is close to upcoming high-rise residential sites.
The Bukit Batok EC site has a low supply of private housing in the area, which makes it an attractive option for first-time buyers. It is also expected to attract HDB upgraders who are looking to upgrade to private housing. Prices in Bukit Batok EC will depend on the size of the unit.
The EC is located near the Tengah Town MRT station and is expected to attract both young and old investors. The town is still relatively undeveloped but the development will offer a variety of facilities that will appeal to tenants. The new town is also expected to provide a new lifestyle to the residents as it is near the city centre.
According to JLL, the Tengah EC plot has received six bids above the $603 psf ppr land rate. It is expected to yield about 590 units. In order to achieve a successful launch of the project, the developer would need to price the units at more than $1,250 psf. The median transacted price of new EC units in the second quarter of this year is $1,154 psf. The proximity to Tampines North MRT station and the amenities in Tampines town are also strong selling points.
The new development is a public-private hybrid project that aims to build 37,348 square metres of residential units. It is surrounded by mature housing estates and has good transport links. It is a great choice for families, retirees, and students. The town also has a golf course and is close to the Tampines town area.