The lack of land marked for officer condominiums has actually shown that of one of the most present launch of an EC (officer condo) site in Punggol was very demanded. Record-breakingly so. Aggressive bidding process from designers for Sumang Walk plot.17 proposals were created the 2.7-hectare piece of land assigned for exec condos in Sumang Stroll in Punggol. It joins My Waterway@Punggol, an outstanding location which will definitely draw in young family members in the future. It was the only EC story given under the Federal government Land Sales (GLS) program for the whole of 2017. All 17 quotes went beyond the paper price for EC land which was set by the Lake Life net site in the Jurong Lake area in 2013. The very best quote of $509.37 million stemmed from a joint venture between City Development (CDL) and also TID Residential. The last is had by Hong Leong Holdings in addition to Mitsui Fudosan Co. The $583 psf ppr is a paper high. The last EC tender continued to be in the adjacent area of Sengkang, where the top quote for the Anchorvale Lane website was readily available in at $355 psf ppr.
Punggol tale could possibly hold 820 brand-new EC systems. Executive apartments are made to be the bridge between public and special realty. The rise of individual non-landed homes as well as also the lack of EC land tenders over the previous year along with a half has actually created bottled-up need from developers. The EC internet site in Punggol could possibly hold 820 brand-new EC devices. As well as the developers declare pertaining to the potential customers as the story is well-situated in an expanding community that is quite entering its own. Under the URA master plan, the Punggol Digital Location will definitely bookend the North Coastline Development Passage. The site is in addition near LRT as well as likewise MRT terminals as well as likewise bus interchange. Its closeness to the My Waterway@Punggol likewise offers possible waterside living and likewise views. Explore this web link https://www.the-avenue-south-residence.com.sg/price-list/ to know much more.