FORETT @ BUKIT TIMAH (D21) - FORMER GOODLUCK GARDEN

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[email protected] Timah is a Joint Venture between Qingjian and Perennial.



[email protected] Timah USP

✔ Accessing to the nearby MRT stations such as Beauty World MRT station, King Albert Park MRT station and Botanical Garden Interchange MRT station from Forett is a matter of minutes.

✔ From food and drinks, sports and education, this vicinity is an incredible place to call home with lush greenery with nearby Bukit Timah Hill.

✔ Close to prominent schools easily accessible by a few minutes' drives from Forett include Henry Park Primary School, Pei Hwa Primary School; Methodist Girl's Primary & Secondary, Chinese Girls High, National Junior College, Hwa Chong International & Hwa Chong Junior College, and Nanyang Primary School...

✔ Strategically situated in the Rest of Central Region (condo location) packed with various amenities, and shopping belt allowing residents to appreciate the great convenience.

✔ It’s located at a beautiful private landed enclave that is packed with hidden gems that will suit everyone’s lifestyle.

✔ You can also head to Rifle Range Nature Park 4 mins drive away. The 67-hectare park provides you with plenty of spaces where you can enjoy nature-related activities.

✔ Future Bukit Timah Transformation will add values for homeowners in this mature estate.

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Forett at Bukit Timah. Launching soon targeting June/ July 2020. More information here! https://www.forettsatbukittimah.com/

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[UPDATE] Forett at Bukit Timah opens for preview at prices starting from $1,800 psf

By Cecilia Chow
EdgeProp Singapore

July 25, 2020

https://www.edgeprop.sg/property-new...rting-1800-psf

SINGAPORE (EDGEPROP) - Joint developers Qingjian Realty (South Pacific) Group and Perennial Real Estate Holdings, opened the sales gallery at Forett At Bukit Timah for preview on July 25. The 633-unit condominium is the first large-scale project to open for preview in the second phase of reopening after the Covid-19 circuit breaker was lifted.

All the 250 appointment slots made available over the weekend for interested parties were taken up. "The turnout over the weekend is very encouraging," says Yen Chong, deputy general manager of Qingjian Realty.


Potential buyers at the sales gallery of Forett over the weekend (Photo: Qingjian Realty)

Located on Toh Tuck Road in District 21, Forett will have four 9-storey blocks and nine 5-storey blocks sitting on a 360,143 sq ft, freehold site. To appeal to a mix of investors and owner occupiers, unit types range from one-bedroom-plus-study of 474 sq ft to five-bedroom suites of 1,884 sq ft. In addition to the 633 condominium units, Forett at Bukit Timah also has two shop units.

Targeted to be completed by September 2024, the project is a redevelopment of the former Goodluck Garden, built in 1984. Qingjian and Perennial had purchased Goodluck Garden en bloc in 2018 for $610 million in a 60:40 joint venture. In order to keep a piece of Goodluck Garden’s history, the developers are conserving a 120m long, ivy-covered wall, which has been there for the past 36 years.


Artist's impression of the 633-unit Forett at Bukit Timah, a redevelopment of the freehold, Goodluck Garden on Toh Tuck Road (Picture: Qingjian Realty)

The project is within a short walk to Beauty World MRT station and the future Beauty World Integrated Transport Hub. It’s also within a 10-minute drive of the Bukit Timah Nature Reserve, Bukit Batok Nature Reserve and the upcoming Rail Corridor, as well as near the top schools in the Bukit Timah area.

The joint marketing agencies for Forett are PropNex Realty, ERA Realty, Huttons and SRI. All viewings will be by appointment only, and in accordance with the safe management measures, there will only be five in each group, a 1.5 hour time slot per group and a maximum of 12 groups of visitors in each time slot.

“The pandemic has really shown us the possibilities of technology, and the comfort level of agents and homebuyers with digital resources,” says Qingjian Realty's Chong. “Homebuyers can complement their visit to our physical sales gallery with our digital resources on our website.”


The existing wall at Goodluck Garden that will be conserved (Photo: Qingjian Realty)

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Forett achieves 30% sales on launch day via ‘virtual balloting’

By Cecilia Chow

EdgeProp Singapore

August 10, 2020

https://www.edgeprop.sg/property-new...oting%E2%80%99

SINGAPORE (EDGEPROP) - This evening, joint developers Qingjian Realty (South Pacific) Group and Perennial Real Estate Holdings announced that they have sold 190 units or 30% of the 633-unit project, Forett at Bukit Timah. The sales were achieved over the long National Day weekend, starting with a balloting that was conducted at the sales gallery on the morning of August 8, and streamed on Facebook Live. Meanwhile, the property agents whose clients had expressed interest in buying a unit in the project, logged in from their various locations on Zoom.


Singaporean actor, Irene Ang (right), famous for her role as Rosie Phua in local sitcom Phua Chu Kang, alongside Yen Chong, deputy general manager of Qingjian Realty, conducted the balloting on August 8 (Photo: Qingjian Realty)

The ‘virtual balloting’ was conducted by Singaporean actor, Irene Ang, famous for her role as Rosie Phua in local sitcom Phua Chu Kang, alongside Yen Chong, deputy general manager of Qingjian Realty. This allowed those who had submitted a cheque as expression of interest to tune in remotely from the comfort of their homes or even if they are out shopping.

Close to 800 cheques were said to be collected as expressions of interest ahead of balloting day. More than 23,000 viewers logged in on August 8 for the virtual balloting, including Singaporeans based overseas. “Some told us that they were logging in from the US too,” says Chong.

Virtual balloting is a novelty in the real estate market. “It was not easy to pull off,” according to Doris Ong, COO of ERA Realty Network. “Homebuyers shared that they appreciated that it was hosted by an experienced emcee as it made the whole online session professional and entertaining. It made them feel even more confident with the developer.”


Shot live at the Forett sales gallery, the virtual balloting was broadcast on Facebook Live (Photo: Qingjian Realty)

About 90% of the buyers are said to be Singaporeans and many were owner occupiers. There were several “multiple-unit purchases” too, particularly by parents who bought several units for their grownup children; and family members or siblings who want to live close to each other, says Qingjian’s Chong.

While the two- and three-bedroom units were popular, many of the four- and five-bedroom units were also taken up. “Units sold were quite balanced across all unit types,” says Ken Low, managing partner of SRI.

Average price of units sold was $1,880 psf, “which is attractive” given the freehold tenure of the project and the site area of more than 360,000 sq ft, Chong adds.


Agents logged in on Zoom during the balloting session (Photo: Qingjian Realty)

“Forett stood out from the rest simply because of its freehold status and the transformation of the Bukit Timah area,” says Ismail Gafoor, CEO of PropNex Realty. “It’s also the pricing of the project which was at a sweet spot. Usually a freehold property is priced about 20% higher than a leasehold property in the same area. And most of the new developments in the area are 99-year leasehold.”

According to Alan Cheong, head of research for Savills Singapore, Forett “outperformed most of the other projects launched in the Bukit Timah area over the past 10 years”. He attributes it to the developer’s “savvy and tenacious marketing efforts”.

PropNex’s Gafoor reckons it could be the timing of the project’s launch too. “It was the first significant project launch since early April when Kopar at Newton was launched just before the circuit breaker,” he says. “And that was four months ago.”

Forett will add an early bounce to the August new home sales numbers, coming on the back of close to 1,000 new units sold in June, and an expected 900 to 1,000 units sold in July. “It shows the resilience of the residential market and will give confidence to other developers with launches in the months ahead,” adds Gafoor.

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🚨𝗕𝗲 𝗧𝗵𝗲𝗿𝗲 𝗼𝗿 𝗕𝗲 𝗦𝗾𝘂𝗮𝗿𝗲🚨
⛔️𝗣𝗿𝗶𝗰𝗲 𝘄𝗶𝗹𝗹 𝗻𝗲𝘃𝗲𝗿 𝗯𝗲 𝘁𝗵𝗲 𝘀𝗮𝗺𝗲 𝗮𝗳𝘁𝗲𝗿 𝟯𝟭 𝗠𝗮𝗿𝗰𝗵 𝟮𝟬𝟮𝟭⛔️

Leverage on the 𝗕.𝗕.𝟯.𝗠 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆 & 𝗙.𝗕.𝗜 𝗧𝗲𝗰𝗵𝗻𝗶𝗾𝘂𝗲 along Bukit Timah‼️

𝗢𝘃𝗲𝗿 5️⃣6️⃣% 𝗦𝗢𝗟𝗗 𝗜𝗡 𝗝𝗨𝗦𝗧 7️⃣𝗠𝗢𝗡𝗧𝗛𝗦 🙀 ‼️‼️
𝗨𝗡𝗜𝗧𝗦 𝗮𝗿𝗲 𝗙𝗟𝗬𝗜𝗡𝗚 𝗢𝗙𝗙 𝘁𝗵𝗲 𝗦𝗵𝗲𝗹𝘃𝗲𝘀 𝗗𝗔𝗜𝗟𝗬‼️

🍃𝐅𝐎𝐑𝐄𝐓𝐓 𝐚𝐭 𝐁𝐔𝐊𝐈𝐓 𝐓𝐈𝐌𝐀𝐇🍃
𝗧𝗵𝗲 𝗙𝗮𝘀𝘁𝗲𝘀𝘁 𝗦𝗲𝗹𝗹𝗶𝗻𝗴 𝗙𝗥𝗘𝗘𝗛𝗢𝗟𝗗 𝗡𝗲𝘄 𝗟𝗮𝘂𝗻𝗰𝗵 𝘀𝗶𝗻𝗰𝗲 𝗔𝘂𝗴𝘂𝘀𝘁 𝟮𝟬𝟮𝟬... 😍

✅ 𝗙𝗥𝗘𝗘𝗛𝗢𝗟𝗗 𝗡𝗲𝘄 𝗟𝗮𝘂𝗻𝗰𝗵 𝗶𝗻 𝗗𝟮𝟭
🙀 𝗨𝗽𝗰𝗼𝗺𝗶𝗻𝗴 𝗕𝗨𝗞𝗜𝗧 𝗧𝗜𝗠𝗔𝗛 𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻
🚶‍♂️𝟵 𝗺𝗶𝗻𝘀 𝘄𝗮𝗹𝗸 𝘁𝗼 𝗠𝗥𝗧 𝗦𝘁𝗮𝘁𝗶𝗼𝗻
📚𝗪𝗶𝘁𝗵𝗶𝗻 𝟭𝗸𝗺 𝗼𝗳 𝗣𝗲𝗶 𝗛𝘄𝗮 𝗣𝗿𝗲𝘀𝗯𝘆𝘁𝗲𝗿𝗶𝗮𝗻 𝗣𝗿𝗶𝗺𝗮𝗿𝘆 𝗦𝗰𝗵𝗼𝗼𝗹

𝗙𝗼𝗰𝘂𝘀 𝗨𝗻𝗶𝘁 𝗧𝘆𝗽𝗲:
1 Bedroom + Study (474sqft)
#01-26 $960,000 ($2025psf)
#08-14 $992,000 ($2093psf)

2 Bedroom (570sqft/603sqft)
#01-21 $1,163,000 570sf ($2040psf)
#04-21 $1,173,000 570sf ($2058psf)

2 Bedroom + Study (689sqft) (Open Kitchen)
#07-40 $1,409,000 ($2045psf)
#06-52 $1,440,000 ($2090psf)

2 Bedroom + Study (Enclosed Kitchen)
#03-31 $1,435,000 721sf ($1990psf)
#02-25 $1,439,000 721sf ($1996psf)

2 Bedroom Deluxe
#02-05 $1,370,000 743sf ($1844psf)
#03-05 $1,400,000 743sf ($1884psf)

3 Bedroom Dual Key
#02-01 $1,989,000 1033sf ($1925psf)
#03-01 $2,010,000 1033sf ($1946psf)

3 Bedroom Deluxe (947sqft/980sqft)
#02-06 $1,788,000 947sf ($1888psf)
#02-96 $1,788,000 947sf ($1888psf)

3 Bedroom Premium
#01-39 $2,166,000 1087sf ($1993psf)
#02-73 $2,176,000 1109sf ($1962psf)

4 Bedrooms Premium
#02-85 $2,523,000 1302sf ($1938psf)
#03-85 $2,533,000 1302sf ($1945psf)

4 Bedroom Suites (1,442sqft)
💯% 𝗙𝗨𝗟𝗟𝗬 𝗦𝗢𝗟𝗗

𝙇𝙖𝙨𝙩 𝟑 𝙐𝙣𝙞𝙩𝙨
5 Bedroom Suites (1,884sqft)
#02-51 $3,814,000 ($2024psf)
#04-51 $3,881,000 ($2060psf)

𝙋𝙧𝙞𝙘𝙚 𝙖𝙧𝙚 𝙖𝙨 𝙖𝙘𝙘𝙪𝙧𝙖𝙩𝙚 𝙖𝙨 𝙤𝙛 𝟭𝟕 𝙈𝙖𝙧𝙘𝙝 𝟐𝟎𝟐𝟏