A 99-year leasehold land parcel along West Coast Vale was released for bidding and this private residential site attracted 6 bidders. The winning bid was from El developments at a bidding price of S$551.15 per square foot per plot ratio (psf ppt). This development is expected to breakeven at an average of S$1,000 psf and developer is aiming to sell at an average selling price ranging between S$1,100 to S$1,200 psf. The development will most likely comprise of 2 towers of 40-storey building and some strata landed houses, there will be about 700 condominium units ranging from one bedroom to four bedrooms units.
Newly released Singapore Condo,
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- Botanique @ Bartley
- Sophia Hills @ Mount Sophia
- Adana @ Thomson
- Northpark Residences @ Yishun