The development, which will consist of ECs, is located near the Bukit Batok MRT station. This means it is ideal for HDB upgraders who want to live near the MRT and other amenities. It is also near the Le Quest shopping mall. The project is expected to attract eight to 12 bidders. The winning bid could be up to $241.2 million, which works out to $650 per square foot. If the development is well received, the price could rise further.
Qingjian Realty Developer
The Bukit Batok EC project will have 375 to 400 units at an average price of S$1,250 psf. Prices will be competitive for an EC in this well-established neighbourhood, which is also close to the Jurong East shopping centre.
Bukit Batok EC is a new development in the Bukit Batok town area. It is located close to Bukit Batok MRT station, which makes it convenient for commuters and residents alike. Moreover, it is within easy reach of other parts of the city through buses. This makes it an excellent investment for investors looking for prime locations close to the MRT stations.
The Qingjian Realty Developer for Buket Batok EC is a trusted name in the real estate industry. This developer has a proven track record in the city and has developed a variety of luxury condominiums and apartments in the past. Their expertise and creative thinking has positioned them as one of the leading developers in Singapore. Their Bukit Batok executive condo will be the envy of all your friends.
Location of Bukit Batok EC
The new executive condominium Bukit Batok EC by Qingjian Realty will have about 375 units. It is located near the Bukit Batok bus interchange. This interchange is integrated with the nearby Bukit Batok MRT station and offers several bus services.
This project is one of the few ECs in Bukit Batok Town. Although it is relatively expensive, the investment is worthwhile, as you’ll have a convenient location and easy access to public transport. This EC’s proximity to shopping and public schools also make it a good choice for families with young children.
The development is expected to attract eight to 12 bidders. It is located in an area with a dearth of private housing, making it particularly attractive to HDB upgraders. The winning bid could be as high as $241.2 million, which translates to $650 per square foot. If the project is well-received, prices could even go higher.
Plans for development
Located in the western part of Singapore, Bukit Batok EC will be a vibrant new neighbourhood. It is near a number of important economic and educational hubs. It is also close to the Jurong Lake District, which is undergoing a transformation into a thriving business district. In addition, the western part of Singapore is also set to be home to the Jurong Mega-Port. A new master plan will help address community concerns while balancing land use and density.
The Bukit Batok EC site covers 12,449.3 square metres and is expected to offer up to 375 units. The area is well served by HDB upgraders, and the EC is expected to attract eight to twelve bidders. The winning bid could fetch up to $241.2 million, with the average land value hovering between $650 and $660 per square foot.
The Bukit Batok EC site is adjacent to Bukit Batok Hillside Park and Dunearn Secondary School. It is also near future high-rise residential developments that are expected to attract a wide range of potential buyers.
Price of units
The enviable location of Bukit Batok EC has made it a desirable location for developers and investors alike. It’s also a good choice for private home buyers and HDB upgraders. For example, the recently launched Le Quest saw eight to 12 prospective buyers submit bids for its units, and sold for a median price of $650 psf.
Bukit Batok EC is a 99-year leasehold executive condominium located near the Jurong Innovation District and Tengah Town. It’s also close to the Pan Island Expressway, which stretches across Singapore. In addition to being a prime location, Bukit Batok EC also has amenities aimed at young professionals.
Compared to private condominiums, the entry price of executive condominiums (EC) is significantly lower. Many new EC units cost 15 to 30% less than private units. Furthermore, first-timers are eligible for a CPF housing grant of up to S$30,000. Most ECs also offer similar facilities to private condominiums, such as a swimming pool and gym.