ear nature reserve and forever greenery environment !Easy access to BKE , PIE and Causeway ! Reputable Developer (WingTai Asia)No baywindow ,planters and homeshelters thus having more space!Near reputable schools (Bukit Panjang Primary School)!Future MRT (Hillview)! More Studio units as compared to preexisting projects within the vicinity ! Near Bukit Panjang Plaza ! NS Facing (Air ventilation)! Near Private estate (Greenhill estate ) ! Near Jurong lake district with future potential growth! Elevated site as project is built on higher ground ! Basement carpark ! Preliminary information Number of storeys : 24Number of units : 496Full condo facilities Sizes:Cabana Units = 1500-2100sf1BR = < 500sf2BR = 753sf3BR = 1203sf3+1BR = 1200-1300sf4BR = 1446sf Penthouses 2,3,3+1 & 4 =1100-2600sf1&2BR consists of electric cookers & integrated fridge3BR & 4BR consists of gas cookers/microoven/standalone fridge, maid%27s room consists of WC and smallbalcony in master bedrooms , Bravat Sanitary & Hansgrohe4BR only has bathtubsBus services :700 (Orchard)966 (Marine Parade)
QuikPro No:IPL841258Property Type:CondominiumTenure:99 YearsLand Area:0Asking Price psf:SGD 1,100.00Maintenance Fee:0Posted Date:31/03/2011
New Launch: Foresque residence
Near nature reserve and forever greenery environment !
Easy access to BKE , PIE and Causeway !
Reputable Developer (WingTai Asia)
No baywindow ,planters and homeshelters thus having more space!
Near reputable schools (Bukit Panjang Primary School)!
Future MRT (Hillview)!
More Studio units as compared to preexisting projects within the vicinity !
Near Bukit Panjang Plaza !
NS Facing (Air ventilation)!
Near Private estate (Greenhill estate ) !
Near Jurong lake district with future potential growth!
Elevated site as project is built on higher ground !
Basement carpark !
Number of storeys : 24
Number of units : 496
Full condo facilities
Cabana Units = 1500-2100sf
1BR = < 500sf
2BR = 753sf
3BR = 1203sf
3+1BR = 1200-1300sf
4BR = 1446sf
Penthouses 2,3,3+1 & 4 =1100-2600sf
1&2BR consists of electric cookers & integrated fridge
3BR & 4BR consists of gas cookers/microoven/standalone fridge, maid%27s room consists of WC and small
balcony in master bedrooms , Bravat Sanitary & Hansgrohe
4BR only has bathtubs
Psf? How much did wing tai buy the land?
WING Tai Holdings has beaten eight other bidders with its top offer of $177.4 million or $345 per square foot per plot ratio (psf ppr) for a 99-year-leasehold residential site on Petir Road.
The bid was slightly below the $350-$400 psf ppr analysts said the site could fetch - based on an eventual average selling price of $800 psf - when it was launched at the end of August.
But the large number of bids surprised some, as recent state land tenders have drawn a more muted response from developers. Analysts attributed the change this time to the Petir Road site's location.
'Most of the sites offered so far this year under the Government Land Sales programme are in the North-east and East regions,' said Ong Teck Hui, Credo Real Estate's executive director of research and consultancy. 'So developers probably see a lot of potential in this area. I think it goes to show that many developers are more selective after the Aug 30 measures but they are not staying away if they see an opportunity.'
CBRE Research director Leonard Tay said: 'The quantum of the bids indicates developers are optimistic about the location of this site, given the sell-out of the adjacent 429-unit Tree House condominium in the second quarter of 2010.'
Credo's Mr Ong said the closeness of the bid prices suggests no one is 'chasing' sites.
Analysts reckon new residential project on the site can sell for around $750-$800 psf - or more if Wing Tai chooses to pitch it as a mid-tier product.
The 99-year-leasehold Tree House was launched at $830 psf on average in April 2010. And units at Mi Casa, a 99-year-leasehold condo at Choa Chu Kang Avenue 3, went for $700-$850 psf between July and September.
Wing Tai's bid was just 2 per cent above the second-highest offer of $173.8 million or $338 psf ppr from Sim Lian Land.
Other bidders included City Developments and Allgreen Properties, and there was joint offer from Far East Organization and Frasers Centrepoint.
The site is about 2.3ha with a maximum permissible gross floor area of about 514,000 sq ft. Around 430 units can be built on it.
Go for Smallest Unit
How come now got "Forest Kill" condo. situated so near to Tree House. Anti-climax.
Pronounced "Forex" for currency trading pundits... Or money changers to house their offsprings.
Thanks for the clarification. Need to join my son in his weekly phonics lesson liao. lol.
I just received a brochure from a Propnex agent outside my child's phonic's class. Went to Bt Panjang Plaza and saw another agent promoting this development there.
He told me that the price ranges about $1000 - $1100 psf and asked me to go to VVIP preview. Got 10 percent discount wor..and waiver of stamp duty leh. So good ar.
Asked him whether this development next to Tree House. He said ya..ya.. Then asked him Tree House around $830psf and this one so ex. He said land prices has increased a lot since.
next to treehouse also can call near Jurong lake district???? then might as well say near airport, near orchard, near MBS and near Sentosa???? haha