The Woodleigh Residences to launch for sale on May 11

[reporter2]

The Woodleigh Residences to launch for sale on May 11

Wed, May 08, 2019


JAPANESE property developer Kajima Development and Singapore Press Holdings (SPH) are launching The Woodleigh Residences for sale on May 11.

The Woodleigh Residences is positioned as a premium integrated development which leverages Japanese design, and is being built above The Woodleigh Mall. It is also connected to Woodleigh MRT Station and an air-conditioned underground bus interchange.

The 99-year leasehold property comprises two, three and four-bedroom units starting from S$1,733 per square foot.

Ng Yat Chung, chief executive officer of SPH, said: “SPH is pleased to work with Kajima to offer The Woodleigh Residences. As Bidadari's only integrated development, and with the new plans announced for the Bidadari estate, this development is the jewel of Bidadari."

A part of the 2014 Urban Redevelopment Authority Master Plan, Bidadari is envisioned to be Singapore’s first "community in a garden", with the 10 hectare Bidadari Park promoting green community spaces, while retaining the heritage of Bidadari.

Keisuke Koshijima, executive vice-president of Kajima Corporation, said: “Over the years when units got smaller in Japan, the industry has developed many Japanese techniques and technologies to make smaller spaces “bigger” – efficient space maximisation. The Singapore real estate market in the recent years, albeit later than Japan, has started to build smaller units, and we believe that with our proven experience from Japan, we can bring these efficient space maximisation technologies to enhance the living experience in Singapore.”

In November last year, 50 units of The Woodleigh Residences were released for sale during the soft launch, of which 30 were sold. This prompted the joint developers to release another 50 units for sale.

The Woodleigh Residences sales gallery is located beside NEX Shopping Mall (Serangoon Link) and is open from 10am to 7pm.

[reporter2]

Woodleigh Residences set for May 11 sales launch

Prices from S$1,733 psf; sizes range from 570 sq ft 2-bedder to 1,475 sq ft 4-bedder

Thu, May 09, 2019


CO-DEVELOPERS Japan-based Kajima Development and Singapore Press Holdings (SPH) are launching The Woodleigh Residences for sale on May 11.

Part of an integrated development that leverages on Japanese design, The Woodleigh Residences is being built above a shopping mall. It is linked to Woodleigh MRT Station and an air-conditioned underground bus interchange.

The 99-year leasehold, 667-unit property in District 13 comprises two, three and four-bedroom units, starting from S$1,733 per square foot (psf). Units range in size from 570 square feet for a two-bedroom unit to 1,475 sq ft for a four-bedroom unit. The developers did not say how many units would be released for sale during the launch.

In November last year, 50 units of The Woodleigh Residences were released for sale during a soft launch, of which around 30 were sold, achieving an average price of above S$2,000 per sq ft.

Another upcoming development in the vicinity is Parc Colonial, which has sold 580 of its 805 units as at March this year, according to industry data. During its launch month of July last year, Park Colonial sold units at a median price of S$1,756 psf.

Amenities at the residential development include an indoor Japanese style hot spring, a community club and a childcare centre.

SPH chief executive Ng Yat Chung said: "SPH is pleased to work with Kajima to offer The Woodleigh Residences. As Bidadari's only integrated development, and with the new plans announced for the Bidadari estate, this development is the jewel of Bidadari."

Located at the junction of Upper Serangoon Road and Upper Aljunied Road, The Woodleigh Residences is adjacent to a 700-metre heritage walk and will overlook the 10-hectare Bidari Park as well as Alkaff Lake. The Bidadari estate, which is part of the 2014 Urban Redevelopment Authority Master Plan, offers walking, cycling and running trails, in addition to the first underground service reservoir.

Keisuke Koshijima, executive vice-president of Kajima Corporation, said: "Over the years when units got smaller in Japan, the industry has developed many Japanese techniques and technologies to make smaller spaces "bigger" - efficient space maximisation. The Singapore real estate market in the recent years, albeit later than Japan, has started to build smaller units, and we believe that with our proven experience from Japan, we can bring these efficient space maximisation technologies to enhance the living experience in Singapore."

For example, the flushed flooring between the living room and balcony in units at The Woodleigh Residences helps to extend the living space.

The project's sales gallery is adjacent to NEX Shopping Mall (Serangoon Link) and is open from 10am to 7pm.

Shares in SPH closed at S$2.40, down four cents, on Wednesday.