SINGAPORE – Two freehold residential redevelopment sites located at Balestier have been put up for collective sale by tender, with Jones Lang LaSalle being the sole marketing agent for both properties.
The first site (site A) has a gross plot ratio of 2.8 and can be amalgamated with an adjoining piece of state land of about 1,439 square feet (sq ft) to yield a total gross floor area of 74,151 sq ft, or 88 home units with an average size of 800 sq ft.
The second parcel (site B) also has a gross plot ratio of 2.8 and can be combined with an adjoining parcel of state land of about 2,832 sq ft to be redeveloped into a 107-unit development comprising units of 800 sq ft, with a total potential gross floor area of 90,179 sq ft. Height-wise, the sites, located along 2 to 16 (even numbers only) Kim Keat Lane, 1 to 19, 21 and 23 Kim Keat Close, can be built up to a maximum building height of 36 storeys.
The indicative price range for the respective plots are in the region of $68 million (about $940 psf per plot ratio) for site A and $81 million (about $940 psf per plot ratio) for site B, subject to the tender process. The amounts have factored in a development charge of about $745,000 as well as a $4.45 million land premium, said Jones Lang LaSalle.
A total of 76 strata apartments and eight commercial units occupy the four blocks of three-storey buildings.
Said Stella Hoh, national director and head of investments at Jones Lang LaSalle: “The subject sites offer potential developers an opportunity to acquire two prime plots of land in the city fringe area. Potential developers have the flexibility to submit bids for either or both parcels of land.”
Located close to MRT stations such as Toa Payoh MRT Station, Novena MRT Station and Boon Keng MRT Station, consultants expect a healthy response to the tender which will close on March 1, 2012.
AN EXECUTIVE CONDOMINIUM THAT ADDS COLOURS TO YOUR LIFE
Launching 2nd Quarter 2012!
The most anticipated executive condominium project in the heart of Pasir Ris blending artistic vibes with a colourful home life.
There will be two to four-bedroom as well as penthouse units amid full condominium facilities.
Dual key access units are also available.
Kindly register your interest with us today,we
will follow up with you on more updates and
launch invitations.
E-mail me right now! For Full Project Information and Floor Plan
AN EXECUTIVE CONDOMINIUM THAT ADDS COLOURS TO YOUR LIFE
Launching 2nd Quarter 2012!
The most anticipated executive condominium project in the heart of Pasir Ris blending artistic vibes with a colourful home life. There will be two to four-bedroom as well as penthouse units amid full condominium facilities. Dual key access units are also available.
Kindly register your interest with us today,we will follow up with you on more updates and launch invitations. E-mail right now!
AN EXECUTIVE CONDOMINIUM THAT ADDS COLOURS TO YOUR LIFE
Launching 2nd Quarter 2012!
The most anticipated executive condominium project in the heart of Pasir Ris blending artistic vibes with a colourful home life.
There will be two to four-bedroom as well as penthouse units amid full condominium facilities.
Dual key access units are also available.
Kindly register your interest with us today,we
will follow up with you on more updates and
launch invitations. E-mail right now!
The executive condominium is usually found right in the heartlands. Many an executive condomnium is conveniently located near the town centre. This means amenities such as schools, eateries, shops and even a supermarket can be reached within minutes from the executive condominium.The executive condominium is much like the private condominium. The difference lies in the affordability of the executive condominium. There are however, some HDB procedures and policies to follow if you wish to purchase an executive condominium. Despite this, the executive condominium is in demand and the market for it will continue to grow. Catch the opportunity before it slips you by!
Located within Pasir Ris Town, this EC site is well-served by an efficient transport network that connects residents to the Pasir Ris MRT station and the Pasir Ris Bus Interchange. It is also located near the expressways like the TPE, ECP and PIE.Located fairly close to neighbourhood amenities (some minmarts, coffee shops etc)It is also within walking distance to Downtown East, where you find a NTUC and all kinds of F&B outlets.
Parents who need to put their kids into primary schools will be pleased to know that there are several school to choose like Casuarina Primary, Loyang Primary, Pasir Ris Primary and Coral Primary
The executive condominium is usually found right in the heartlands. Many an executive condomnium is conveniently located near the town centre. This means amenities such as schools, eateries, shops and even a supermarket can be reached within minutes from the executive condominium.
Executive Condominium (EC) site at the junction of Pasir Ris Drive 3 and Pasir Ris Link,
Register Your Interest For Pre Launch Preview
Please email me @ mark.tan@gps.com.sg for update on Executive Condo Launch and Project Info.
Plus SMS update you when more details of the new Pasir Ris EC launch is confirmed.
An Executive Condominium (EC) site at the junction of Pasir Ris Drive 3 and Pasir Ris Link has been sold to Ho Lee Group Ltd & Maxdin Ltd, after offering the highest bid of S$122.20 million (S$291 psf ppr) in a state tender that closed on 11 October 2011.
Email me and request for update mark.tan@gps.com.sg
Can SMS www.marktan.name 938-747-86 request for update when showflat is ready
Email me and request for update mark.tan@gps.com.sg
The site, which was launched for sale on 25 August 2011, is zoned for EC housing and could possibly yield up to 390 condo units. It has a total area of 18,576.1 sq m and a maximum gross floor area (GFA) of 39,009.81 sq m, with a gross plot ratio of 2.1.
Chia Siew Chuin, Director of Research & Advisory at Colliers International, said “new EC units at the site are likely to breakeven at about S$580-610 psf,” given its S$291 psf ppr land cost.
She added that site psf price is also some 10.8 percent above the land price achieved for the Belysa EC site located on Elias Road / Pasir Ris Drive 1, which was awarded in October 2010.
Li Hiaw Ho, Executive Director at CB Richard Ellis (CBRE) Research, agreed and noted that the 315-unit Belysa EC at Elias Road, which was launched on 11 May at S$670 psf, “was fully sold within one month.”
“The newest EC project, Arc At Tampines (574 units) at Tampines Avenue 8, reportedly sold more than 300 units in the past month. It was launched at the end of August 2011 at $720 psf. A new EC project on the subject site, which can yield around 390 units, may be priced at similar levels.”
He added that the site “is about 10 minutes’ walk from Downtown East and E!hub @ Downtown East. White Sands shopping mall and Pasir Ris MRT station/bus interchange are a short drive away. Future residents will be able to walk to Pasir Ris Park and the beach.”
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Applicants should be Singaporean citizens or hold relevant residence status
Fresh graduates / entry level applicants are encouraged to apply
Minimum 4 GCE ‘O’ levels required
With or without experience
***Passing of CEHA / CES / CEA house agent examinations***
***CEHA examination which will be recognised by CEA till end of 2012
Qualifications Equivalent to REA examination
Bachelor of Science (Real Estate)
National University of Singapore
Bachelor of Science (Estate Management)
Bachelor of Real Estate (Property Management)
Bachelor of Real Estate (Valuation)
Diploma In Building Management
Ngee Ann Polytechnic
Diploma In Building & Real Estate Management
Diploma in Real Estate Business
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Singapore Polytechnic
Diploma In Building & Property Management
1.
Holders of any diploma or higher academic qualification which has real estate as a major are advised to check with CEA whether they are required to take the REA/ RES examination.
2.
Individuals who have passed all 3 examinations in General Practice by the Royal Institution of Chartered Surveyors (RICS) will be considered as having obtained equivalent qualification to the REA examination.
3.
Holders of qualifications in non-real estate related fields such as business administration, economics, marketing, law etc will be required to take the REA/RES examination.
Any foreign / private school certificates must be submitted to CEA for approval by Approved Course Provider before you enroll for the course.
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The executive condominium is usually found right in the heartlands. Many an executive condomnium is conveniently located near the town centre. This means amenities such as schools, eateries, shops and even a supermarket can be reached within minutes from the executive condominium.The executive condominium is much like the private condominium. The difference lies in the affordability of the executive condominium. There are however, some HDB procedures and policies to follow if you wish to purchase an executive condominium. Despite this, the executive condominium is in demand and the market for it will continue to grow. Catch the opportunity before it slips you by!
Located within Pasir Ris Town, this EC site is well-served by an efficient transport network that connects residents to the Pasir Ris MRT station and the Pasir Ris Bus Interchange. It is also located near the expressways like the TPE, ECP and PIE.Located fairly close to neighbourhood amenities (some minmarts, coffee shops etc)It is also within walking distance to Downtown East, where you find a NTUC and all kinds of F&B outlets.
Parents who need to put their kids into primary schools will be pleased to know that there are several school to choose like Casuarina Primary, Loyang Primary, Pasir Ris Primary and Coral Primary
The executive condominium is usually found right in the heartlands. Many an executive condomnium is conveniently located near the town centre. This means amenities such as schools, eateries, shops and even a supermarket can be reached within minutes from the executive condominium.
Executive Condominium (EC) site at the junction of Pasir Ris Drive 3 and Pasir Ris Link,
Register Your Interest For Pre Launch Preview
Please email me @ mark.tan@gps.com.sg for update on Executive Condo Launch and Project Info.
Plus SMS update you when more details of the new Pasir Ris EC launch is confirmed.
An Executive Condominium (EC) site at the junction of Pasir Ris Drive 3 and Pasir Ris Link has been sold to Ho Lee Group Ltd & Maxdin Ltd, after offering the highest bid of S$122.20 million (S$291 psf ppr) in a state tender that closed on 11 October 2011.
Can SMS www.marktan.name 938-747-86 request for update when showflat is ready
Can SMS www.marktan.name 938-747-86 request for update when showflat is ready
The site, which was launched for sale on 25 August 2011, is zoned for EC housing and could possibly yield up to 390 condo units. It has a total area of 18,576.1 sq m and a maximum gross floor area (GFA) of 39,009.81 sq m, with a gross plot ratio of 2.1.
Chia Siew Chuin, Director of Research & Advisory at Colliers International, said “new EC units at the site are likely to breakeven at about S$580-610 psf,” given its S$291 psf ppr land cost.
She added that site psf price is also some 10.8 percent above the land price achieved for the Belysa EC site located on Elias Road / Pasir Ris Drive 1, which was awarded in October 2010.
Li Hiaw Ho, Executive Director at CB Richard Ellis (CBRE) Research, agreed and noted that the 315-unit Belysa EC at Elias Road, which was launched on 11 May at S$670 psf, “was fully sold within one month.”
“The newest EC project, Arc At Tampines (574 units) at Tampines Avenue 8, reportedly sold more than 300 units in the past month. It was launched at the end of August 2011 at $720 psf. A new EC project on the subject site, which can yield around 390 units, may be priced at similar levels.”
He added that the site “is about 10 minutes’ walk from Downtown East and E!hub @ Downtown East. White Sands shopping mall and Pasir Ris MRT station/bus interchange are a short drive away. Future residents will be able to walk to Pasir Ris Park and the beach.”
