Queens Peak Soon-to-be Released Leasehold Residential Project
Perfectly positioned in a most desirable area in city fringe District 03, the new Queens Peak Condo along Dundee Road is soon-to-be released 99-leasehold Queenstown Condo by well-known developer HY Realty. Boasting a land size of 113,200 square feet, Queens Peak Showflat will comprise of about 700 residential units and to be launching in the second half of 2016.
The top bid for the tender of Queens Peak at Dundee Road was submitted by HY Realty Pte Ltd, a property developer, based in Singapore.
For more information, Call Showflat Hotline: 6100 8806..
Queens Peak Condo
Hi all, please give your review. A new condo launching soon,
Queens Peak Condo, a luxurious condo located at Dundee Road near prime city fringe district 03. Just a couple of minutes away from Queenstown MRT, Queens Peak Condo is definitely a good investment property for both home buyers or investors.
Sitting on a land size of approximate 113,200 square feet, developer planned to developer this into an estimate of 700 units with high tower of 1 to 4 bedrooms condo with exciting feature such as swimming pool, spa, gym, jogging track and functional club house for different occasions.
Due to its strategic location, residents who is working at city will be able to reach their working place at under 30 minutes for those who don't drive. Connected to major road and both AYE and ECP, you will find yourself traveling to either the east or western part of Singapore for drivers is an easy task. For grocery shopping, residents can visit the nearby supermarket at Anchorage or pick up latest sport apparel at the nearby Queensway Shopping Centre. And if you need a refreshing look for the home, you can always drop by IKEA Alexander to pick up a new piece of woodworks.
Queen Peak is also surrounded by local and international school nearby.
For more details such as floor plan and prices,
you can always visit our web page. http://www.propertytatler.com/queens-peak/
Queens Peak @ Dundee Road next to Queenstown MRT
Queens Peak will be launching soon end of September. It will be an highly anticipated project due to its close proximity to Queenstown MRT Station.
Project Name: Queens Peak
Developer: HY Realty (Dundee) Pte Ltd (MCC)
Total Units: 736 residential units, 3 commercial units & 1 childcare centre
Tenure: 99 years leasehold
Land Area : 10,516 Square Metre / 113,194 sqft
Estimated TOP: Q2 2020
Total no. of storey: 44 floor
No. of blocks: 2 towers
Unit Type: 1 Bedroom To 5 Bedroom
1st to 27th floor: 1, 2 and 3 bedroom
28th to 44th floor: 4 & 5 bedroom
Estimated Units & Sizes
1 / 1+S BR | 266 Units | 452-495 sf
2 BR | 190 Units | 620-809 sf
3 BR | 228 Units | 784-1040 sf
4 BR | 32 Units | 1480 sf
5 BR | 16 Units | 1947 sf
Penthouses | 4 Units | 4519-4778 sf
Queens Peak floor plan will include 1 to 5 bedroom including 4 units of super penthouses that are extremely rare in current market.
HR Realty (MCC Land) won this site at a price of $483 million back in June 2015. A total of 9 developers had participated in this Government Land Sales (GLS) bidding exercise. Based on this price bided, it works out to be $871 per square foot per plot ratio (psf ppr). It translates to a break even price of $1480psf. Hence Queens Peak price should be within the market expecting price average of $1700psf, which many analyst had forecasted.
Queens Peak location is within Queenstown estate, which is Singaporeís first satellite town with rich history and heritage that is closely linked to our nationís building. Historic buildings such as the Church of the Bless Sacrament and Princess House, the former Anchor Brewery Brewmasterís House, have been conserved. Further heritage buildings had been conserved lately such as Former Commonwealth Avenue Wet Market, Queenstown Library and block 1, 2 & 6 of Alexandra Hospital.
Queens Peak showflat is located on site at Dundee Road, former Queenstown Driving Test Centre. For potential buyers taking public transport, simply alight at Queenstown MRT station and cross over the road using the link bridge. For those who used private transport, travel along Commonwealth Avenue, make a left turn to Strathmore Avenue, followed by another left turn to Dundee Road.
Next to it, commonwealth towers have> 300 plus small MM units, plus another 266 from here, wonder where to get tenants for >600 MM units in the same locale
Originally Posted by PropertyUpdates
How u get so high breakeven of 1480 psf ?
Originally Posted by PropertyUpdates
Tags for this Thread