Author: ecbukitbatokaltura

Altura EC Site Launches for Sale under Second-Half 2021 Government Land Sales Programme in Bukit Batok

ecbukitbatokaltura March 17, 2023 0

The Second-Half 2021 Government Land Sales Programme in Bukit Batok was launched recently and one of the new residential developments is the Altura EC site. The site is located at Bukit Batok Street 41, and it is a 99-year leasehold executive condominium (EC) development.

The Altura EC site is developed by City Developments Limited (CDL) and Hong Realty. The site has a site area of 19,826.6 sqm, and it has a maximum permissible gross floor area (GFA) of 55,480 sqm. The Altura EC site will have a total of about 544 residential units with a mix of 1- to 5-bedroom units.

The Altura EC site will provide homeowners with a range of facilities and amenities. There will be a clubhouse, swimming pool, tennis court, gym, and a jogging track. There are also a wide range of retail options, such as supermarkets, Altura EC cafes, restaurants, and a wet market. The …

Executive Condominium Site Tender at Bukit Batok West Avenue 5: Examining the Factors Driving Demand, Potential Bids, and Implications for Singapore’s Property Sector

ecbukitbatokaltura March 17, 2023 0

Bukit Batok West Avenue 5 is an executive condominium (EC) site that was recently put up for tender in Singapore’s property sector. The site offers a great opportunity for developers to capitalize on the rising demand for ECs in the city-state. Factors driving this demand include a growing middle-class population and increasing incomes, as well as the government’s pro-development policies which have made ECs more attractive.

The site is located in an area that is popular with younger generations and offers convenient access to public transportation, shopping centers, and other amenities. This has made the site extremely attractive to potential bidders, and the government has received numerous bids from developers. The highest bid for the site was from a consortium of developers led by Allgreen Properties, which submitted a bid of $618 million.

The high bids for the Bukit Batok West Avenue 5 site are indicative of the growing demand …

Dairy Farm Walk and Bukit Batok West Avenue 8 Altura EC Sites to Close Tender on March 8, 2022

ecbukitbatokaltura March 17, 2023 0

On March 8, 2022, the Dairy Farm Walk and Bukit Batok West Avenue 8 Altura EC sites will be closing their tenders for the final time. The two sites have been in the market for more than two decades, with Dairy Farm Walk being the first executive condominium (EC) project to be built in Singapore.

The two sites are situated in the Upper Bukit Timah area and boast of scenic views of the surrounding nature reserves and parks. These sites have been popular with young couples and families wanting to own a home in a serene and beautiful environment.

The Dairy Farm Walk site has been through several phases of development, with the first phase having been completed in 2009. This phase saw the completion of six 12-storey blocks of apartments, giving the site a total of 468 units.

The Bukit Batok West Avenue 8 Altura site was the second …

Government Land Sales Programme’s Confirmed List Tender: The Bukit Batok West Avenue 5 EC Site and Its Significance for Singapore’s Housing Market

ecbukitbatokaltura March 17, 2023 0

The recent government land sales programme in Singapore has seen the confirmed list tender of the Bukit Batok West Avenue 5 EC site, a rare Executive Condominium (EC) site in the Jurong West area. This marks the first Singapore EC site to be released since 2017, and is set to be a major boon to the Singapore housing market.

The importance of the Bukit Batok West Avenue 5 EC site lies in the fact that it is the first EC site to be released since 2017, and will thus be the first new supply of EC units to be made available to the public in the Jurong West area in four years. This is significant, since EC units are a highly sought after type of housing in Singapore and have been known to be especially popular with young couples and families looking to own their first home. As such, the …

Bukit Batok West Avenue 8 Altura EC Site Could See Up to 12 Bids with Land Rate of $600 to $650 psf ppr

ecbukitbatokaltura March 17, 2023 0

Bukit Batok West Avenue 8 Altura EC site is set to be the fifth executive condominium (EC) development in Bukit Batok, located in the west of Singapore. It is expected to be a highly sought-after project due to its close proximity to the Jurong East Regional Centre, making it a great option for those who work in the area.

The EC site was released for sale by the government in April 2021 and it is expected to see a good response from developers. Reports suggest that the land rate for the site is between $600 to $650psf ppr, which is highly competitive compared to other EC sites in the vicinity.

The site has a total land area of 16,166.6 sqm, of which a maximum of 15,679.9 sqm can be used for the development of the EC project. It has a maximum permissible gross floor area of 47,039 sqm, with a …

Bukit Batok West Avenue 5 Tender: Assessing the Market Potential and Investment Opportunities for Executive Condominiums in Singapore

ecbukitbatokaltura March 17, 2023 0

Introduction

Located in the western part of Singapore, Bukit Batok West Avenue 5 is a highly sought-after residential area. The area is currently in the midst of a tender process, and the tender includes the potential for the development of executive condominiums (ECs). With the recent surge in demand for ECs in Singapore, it is important to assess the market potential and investment opportunities that this tender presents. This article will explore the market potential and investment opportunities presented by the Bukit Batok West Avenue 5 tender.

Market Potential

The Bukit Batok West Avenue 5 tender presents a great opportunity for investors to capitalize on the increasing demand for ECs in Singapore. The area is well-connected to major roads and highways, making it easily accessible for potential buyers. Additionally, the area is close to amenities such as schools and shopping malls. These factors contribute to the area’s desirability and make …

Altura EC Site Tender Expected to Draw Strong Interest from Developers in Bukit Batok

ecbukitbatokaltura March 17, 2023 0

The Bukit Batok area in Singapore is set to see strong interest from property developers in the upcoming Altura EC site tender. This is due to the strategic location of the site, with its proximity to amenities such as shopping malls, schools, and public transport. The site is also expected to have good views of the nearby nature reserve, which could potentially attract more buyers.

The site is located along Bukit Batok West Avenue 5 and is close to Bukit Batok MRT Station. It is also near the Junction 10 shopping mall and several educational institutions, including the Singapore Institute of Management and Nanyang Technological University. In addition, it is a short drive away from the Jurong Lake District and the upcoming Jurong East MRT interchange.

The site has a maximum permissible gross floor area (GFA) of 24,934.2 square meters, with a minimum site area of 19,834.2 square meters. It …

The Race for the Bukit Batok West Avenue 5 EC Site: How the Tender Could Shape the Future of Singapore’s Residential Landscape and Demand for ECs

ecbukitbatokaltura March 17, 2023 0

The race for the Bukit Batok West Avenue 5 Executive Condominium (EC) site is a highly-anticipated event in Singapore’s residential landscape. The tender has the potential to shape the future of the country’s demand for ECs, as it could set a new benchmark for the design and construction of such properties.

The site, located in the western part of the island, is situated in a prime location and is expected to attract strong interest from developers. Its proximity to public transport, shopping malls, schools and other amenities make it a highly desirable spot for potential homebuyers. The site also has the potential to be developed into a vibrant and modern neighbourhood, with plenty of green spaces and recreational facilities.

The tender process is likely to be fiercely competitive, as developers will be vying for the chance to build their dream project. The winning bidder will be expected to meet the …

Limited Private Housing Supply in Bukit Batok: Altura EC Site Launches for Sale

ecbukitbatokaltura March 17, 2023 0

The launch of the Altura Executive Condominium (EC) site in Bukit Batok for sale is a welcome respite for the area, as the market for private residential properties in the area is limited. This launch is part of the Government Land Sales (GLS) programme and comes amid rising demand for private housing in the area.

The site is located in Bukit Batok Street 25 and has a total site area of 25,756.7 square metres. It has a maximum permissible gross floor area of 74,269 square metres and can yield up to 690 residential units. This will increase the number of private residential units in the area and help to address the current limited private housing supply.

The estimated break-even price for the project is $420 to $450 per square foot, which is lower than the median transacted price of $581 per square foot for private properties in the area. This …

Executive Condominium Tender at Bukit Batok West: Unveiling the Site’s Prospects, Neighbouring Developments, and Expected Bids from Developers

ecbukitbatokaltura March 17, 2023 0

Bukit Batok West is a residential area in Singapore that is poised to benefit from the upcoming executive condominium (EC) tender. This tender will open the area up to potential developers and allow them to build luxury apartments in the area. The area has many advantages that could make it attractive to developers, including its proximity to a range of amenities and its convenient location in the city. Moreover, the area has a range of neighbouring developments that could help to boost the value of any new EC projects.

The site is located alongside Jurong Lake and is served by the Bukit Batok MRT station. This makes it easy for commuters to reach the city centre and other parts of Singapore. The area is also close to a range of amenities such as shopping malls, restaurants, and entertainment venues. This could make the area an attractive option for potential buyers, …