Author: alturaqingjiannewec

Historic Victory for Qingjian Realty and Santarli as They Outbid Intrepid Investments in the Altura EC Land Tender for S$662 psf ppr

alturaqingjiannewec March 24, 2023 0

On March 18, 2021, Qingjian Realty and Santarli achieved a historic victory by outbidding Intrepid Investments in the Altura Executive Condominium (EC) land tender for S$662 psf ppr. This was a significant milestone for both companies, as it was the first time they had secured an EC land parcel in Singapore. The Altura EC, which is located in District 28, will be the first new EC to be launched in the area in more than a decade.

The tender, which was launched by the Housing and Development Board (HDB) on February 10, 2021, saw a total of eight bids being submitted. Qingjian Realty and Santarli emerged as the top bidders with their joint bid of S$662 psf ppr, which was higher than that of Intrepid Investments’ S$651 psf ppr.

This historic victory for Qingjian Realty and Santarli is a testament to the strong collaboration between the two companies. The joint …

Intrepid Investments and TID Residential Place Second Highest Bid in Altura Executive Condo Land Tender

alturaqingjiannewec March 24, 2023 0

Altura EC is a 99-year leasehold executive condominum situated in Bukit Batok with 375 Altura EC residential units, close to Bukit Batok MRT Station, schools and future developments.

Intrepid Investments and TID Residential have placed the second-highest bid in the Altura executive condo land tender, outbidding seven other contenders. The two firms jointly bid S$490.9 million for the 99-year leasehold site located along Yishun Avenue 9, which was the second-highest bid out of the eight bids submitted.

The tender was launched in May this year and the successful bidder, Roxy-Pacific Holdings, had submitted the highest bid of S$491.9 million. This makes Intrepid Investments and TID Residential the second-highest bidder in the tender.

Intrepid Investments is a Singapore-based private equity fund focusing on real estate and infrastructure investments. The company was founded in 2017 and has since invested in a variety of real estate and infrastructure projects in Singapore, the United …

Qingjian Realty and Santarli Make Record-Breaking Bid of S$662 psf in Altura EC Tender

alturaqingjiannewec March 24, 2023 0

Qingjian Realty and Santarli have made a record-breaking bid of S$662 psf at the tender launched by the Housing and Development Board (HDB) for the Altura Executive Condominium (EC) site in Choa Chu Kang. This joint venture between the two companies has broken the previous record of S$622 psf set by a consortium led by City Developments Limited (CDL) in Yio Chu Kang.

The Altura EC site, located at Choa Chu Kang Avenue 5, is an attractive location for developers. It is close to amenities such as shopping, dining and entertainment, and is easily accessible to the city via public transport. The tender closed on the 4th of May 2021 and the winning bid by Qingjian Realty and Santarli was significantly higher than the second-highest bid of S$631 psf.

This successful bid is a testament to the two companies’ commitment to delivering quality homes for Singapore residents. Qingjian Realty is …

Invest in Altura EC Now and Enjoy the Benefits of High-Quality Amenities, Strategic Location and Competitive Prices

alturaqingjiannewec March 24, 2023 0

Altura EC, a new executive condominium (EC) located in District 19, is an exciting new development that is sure to be a great investment opportunity. The development is located in a strategic location, surrounded by lush greenery and close to a wide range of amenities. The development boasts high-quality amenities, such as a clubhouse, swimming pools, gymnasium, and many more.

Altura EC is also in close proximity to numerous shopping malls, making it a great investment for those looking to tap into the retail market. Residents can enjoy many shopping options, including a wide range of shopping malls such as Hougang Mall, Heartland Mall, and Upper Serangoon Shopping Centre. These shopping malls offer a variety of shopping choices for residents, from fashion to electronics, and more.

The development is also conveniently located near well-known schools, such as Montfort Junior School, Hougang Primary School, and Serangoon Junior College. This makes it …

Altura EC A Suitable Home Option for First-Time Buyers and HDB Upgraders Alike

alturaqingjiannewec March 24, 2023 0

Altura EC is a suitable home option for first-time buyers and HDB upgraders alike. The development is located in the heart of Sembawang, Singapore, and is surrounded by plenty of amenities and recreational activities. The development is well-connected to the rest of Singapore, making it an ideal choice for those who want to live close to the city center.

For first-time buyers, Altura EC is a great option for those who are looking for a convenient and affordable place to live. The development offers a variety of unit types, from one-bedroom to four-bedroom apartments, so buyers can find the perfect home to meet their needs. Altura EC also offers a range of facilities, such as a swimming pool, gym, and playground, which are great for those looking for a little extra entertainment or relaxation. Additionally, the development is near a variety of schools, so families with children can make sure …

Altura EC A Wise Investment Choice with Prime Location, Affordable Prices and Potential Launch in Q2 2023

alturaqingjiannewec March 24, 2023 0

Altura EC is an upcoming executive condominium (EC) project located in the popular Yishun district of Singapore. It is developed by MCC Land, the same developer behind the award-winning Parc Life EC. Altura EC is a wise investment choice for many reasons, including its prime location, affordable prices, and potential launch in Q2 2023.

Altura EC is conveniently located in Yishun, a popular residential area with many amenities and attractions. It is just a 10-minute walk from Yishun MRT station, making it easy to access other parts of the city. It is also within close proximity to popular shopping malls such as Northpoint City and Junction Nine, as well as schools, parks, and other amenities. This makes Altura EC an attractive location for those seeking a convenient lifestyle.

Altura EC: 99-year leasehold executive condo project in Bukit Batok West Ave 8 yielding 375 Altura EC residential units, estimated to be …

Understanding the Restrictions and Pricing Brackets for the Altura EC Executive Condo Site 2021

alturaqingjiannewec March 24, 2023 0

Understanding the Restrictions and Pricing Brackets for the Altura EC Executive Condo Site 2021

The Altura EC Executive Condo is a luxury condominium complex located in Singapore. The complex is home to many affluent individuals, and the prices of the units vary depending on the size, location and amenities. Potential buyers should understand the different restrictions and pricing brackets associated with the Altura EC Executive Condo before making a purchase.

To begin with, the Altura EC Executive Condo has two main types of restrictions: legal and administrative. Legal restrictions refer to the regulations and laws put in place by the local government. These are typically related to land use, zoning and building codes. Administrative restrictions are put in place by the condo developers and are typically related to occupancy limits and other restrictions that may not be found in the local laws.

The pricing brackets for units in the Altura …

Seller reaps $3.3 mil profit at boutique condo Nassim 9

alturaqingjiannewec March 24, 2023 0

Altura EC, a 99-year leasehold executive condo in Bukit Batok West Avenue 8 offers 375 units, near MRT station, schools and proximity to Tengah Region. Qingjian Realty leads Altura EC the tender at $662 psf ppr. Showflat and price list to be released soon.

The sale of a 3,251 sq ft four-bedroom unit at Nassim 9 on March 10 reaped the highest profit for the week. The unit was purchased for $7 million in January 2011 and sold for $10.3 million, netting the seller a profit of $3.3 million (47%) – equivalent to an annualised profit of 3.2% over 12 years. At the same time, a 1,528 sq ft three-bedroom unit at V on Shenton incurred a loss of $254,000 after changing hands for $3.09 million on March 10. The unit had been bought for $3.34 million in April 2012, leading to an annualised loss of 0.7% over nearly 11 …

Unit at Skyline 360 @ St Thomas Walk sold at a high of $2,674 psf

alturaqingjiannewec March 24, 2023 0

At Skyline 360 @ St Thomas Walk, a new psf-price high of $2,674 psf was set with the sale of a 2,131 sq ft, four-bedroom unit on the 21st floor for $5.7 million on March 6. This exceeds the previous record of $2,596 psf set just 18 days prior. Meanwhile, Commonwealth Towers and The Shelford both set new psf-price highs during the same week, with both condos located in prime locations close to amenities.

On March 6, a new psf-price high was recorded at Skyline 360 @ St Thomas Walk, a freehold condo off River Valley Road. Situated in prime District 9, this luxurious 61-unit development has units ranging from 1,733 to 2,131 sq ft, and even 6 5-bedroom units of 3,929 to 4,015 sq ft that occupy a whole floor.

The 2,131 sq ft unit on the 21st floor sold for an astounding $5.7 million ($2,674 psf). This is …

Increased Interest in Altura EC Bukit Batok West Avenue 8 Amid 2021 Confirmed List of Government Land Sales

alturaqingjiannewec March 23, 2023 0

The increased interest in Altura EC Bukit Batok West Avenue 8 amid the 2021 confirmed list of Government Land Sales is a sign of the times. This is an indication that the Singaporean real estate market is still healthy and stable.

The 2021 confirmed list of Government Land Sales (GLS) for Altura EC Bukit Batok West Avenue 8 was announced on the 29th of April 2021. This site is located in the western part of Singapore, near the Bukit Batok MRT Station. The confirmed list was welcomed with much enthusiasm as the site is well-positioned to meet the needs of potential buyers. The site is near several amenities such as shopping malls, supermarkets, banks, cafes, and schools. It is also within close proximity to the Bukit Batok Nature Park, which provides residents with a tranquil escape from the hustle and bustle of the city.

The Altura EC Bukit Batok West …