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 will allow potential buyers to purchase a unit at a more affordable price. It is also expected to attract more developers to the area, as the expected break-even price is lower than the median transacted price. This will help to increase the supply of private residential units in the area.

The tender for the project has been closed and the winning bidder will be announced soon. The project is expected to be completed in 2024 and will provide much-needed private housing in Bukit Batok.

In summary, the launch of the Altura EC site for sale in Bukit Batok is a welcome respite for the area, as the market for private residential properties in the area is limited. The site has a lower break-even price than the median transacted price, which will allow potential buyers to purchase a unit at a more affordable price. It is expected to attract more developers to the area, as the expected break-even price is lower than the median transacted price. The tender has been closed and the project is expected to be completed in 2024.

Bukit Batok is a residential town located in the western part of Singapore. It is also one of Singapore’s most populous towns and home to a diverse range of residents. Recently, the town has seen a surge in demand for private housing resulting in limited supply. This has caused prices to skyrocket and made it difficult for residents to find affordable housing.

To address this issue, the government has recently launched the Altura EC Site for sale. Located in the heart of Bukit Batok, the site is a new residential development that will offer a range of private housing options. The development will feature a mix of townhouses and apartments ranging from 1- to 3-bedroom units. The development will also include an array of amenities such as a swimming pool, fitness centre, playground and more.

The Altura EC Site is an attractive option for potential buyers as it is located in a prime location within Bukit Batok. The area is well-connected to public transportation and there are a number of shopping and dining options nearby. Additionally, the development is close to a number of educational institutions, making it an ideal choice for young families.

The launch of the Altura EC Site is a welcome development for the residents of Bukit Batok as it will help to address the limited private housing supply. With the availability of these new housing options, potential buyers will now have access to more affordably priced private housing options. Altura EC This will help to reduce the pressure on the existing housing market and make it easier for residents to find a place to call home.