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 EC to be built in the area, and was completed in 2015. This site consists of eight 14-storey blocks, with a total of 752 units.

The tenders for the sites will close on March 8, 2022, and the successful bidder will take over the sites from the current developer, MCL Land. The successful bidder will also be responsible for the redevelopment and refurbishment of the existing units.

The sites are Altura EC expected to be popular among buyers as they are situated in a prime location and boast of beautiful views of the nearby nature reserves and parks. It is also close to several shopping malls and other amenities, making it a desirable home for many.

The closing of tenders for the sites on March 8, 2022 marks the end of an era for the two sites, which have served as homes for many families over the years. It is expected that the new owner will bring its own unique style and charm to the sites, making them even more attractive to potential buyers.

The Dairy Farm Walk and Bukit Batok West Avenue 8 Altura EC sites are set to close for tender on March 8, 2022. The two sites have been identified as suitable for the development of executive condominiums (ECs) and are located in close proximity to public transport networks and a host of entertainment, dining, and shopping amenities.

The Dairy Farm Walk site, which is located near the Dairy Farm Nature Park, is expected to yield approximately 870 residential units, with an average unit size of approximately 70 square meters. The Bukit Batok West Avenue 8 Altura site, which is located near Bukit Batok Town Centre, is expected to yield approximately 780 residential units with an average size of approximately 65 square meters.

The tender for the two sites is expected to attract strong interest from local and foreign developers due to the area’s high demand for housing. In addition, the sites are well connected to major public transport networks, making them easily accessible to residents.

The sites are the latest in a series of executive condominium sites to be released by the Singapore Government in an effort to provide more affordable housing options for Singaporeans. Since the launch of the Executive Condominium Scheme in 1995, more than 61,000 executive condominiums have been completed and sold, making them one of the most popular housing choices in Singapore.

With the two sites set to close for tender on March 8, 2022, developers interested in bidding will have to submit their bids before the closing date. With two high-quality sites in close proximity to a range of amenities, the competition for the two sites is expected to be fierce, making it a great opportunity for developers who are looking to invest in the executive condominium market in Singapore.

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