Bukit Batok West Avenue 6 Mixed-Use Site Draws 11 Bids

Property News

Last Updated: Dec 09, 2016

Bukit Batok West Avenue 6 Mixed-Use Site Draws 11 Bids

The Urban Redevelopment Authority (URA) had announced that the new condo launch residential cum commercial site in Bukit Batok drew a total of 11 bids with Chinese developer, Qingjian Realty submitting the highest offer. The mixed-used site at Bukit Batok was up for tender on 30 March 2016 and tender closed on 24 May 2016. Qingjian’s top bid at $301.16 million is $634.56 psf based on the maximum permissible Gross Floor Area (GFA) of 44,091 sqm / 474,595.52 sqft.

The land parcel is located at Bukit Batok West Avenue 6. It has a land size of 14,696.7 sqm / 158,195.28 sqft and comes with a 99-year leasehold tenure. Plot ratio is 3. Qingjian intends to build about 500 new condo units here.

On 30 May 2016, Qingjian has been awarded the tender to this mixed-use plot. It is their first mixed-use tender award and their 2nd win this month as earlier in the month, they had also won an en bloc plot at Shunfu Ville at a collective price of $638 million.

The said land parcel will be one of the New Condo Launch Projects in 2017 to start its sales.



We love to help you

With so many different and exciting new condo launches in the Singapore property market, it will not be easy for you to decide which new launch condo is suitable for your purchase. Allow us to help you assess your finances, plan your priorities and determine your best options. Thereafter, we will go and view the list of developments that you have shortlisted.

Make an appointment with us today by filling in the form and we will contact you very soon.

HOTLINE: +65 6100 2500

WHATSAPP: whatsapp-NewCondoLaunchOnline

EMAIL: newcondolaunchonline@gmail.com

/ /

* Compulsory fields must be filled