Bukit Batok EC Qingjian Realty at Bukit Batok West Avenue 8 District 21
Bukit Batok EC Qingjian Realty at Bukit Batok West Avenue 8 District 21
ECs (enclosed condominiums) are one of the most sought-after property types in Singapore, according to Tricia Song, CBRE’s South-east Asia head of research. They are immune to wealth property taxes and property cooling measures. Currently, non-owner-occupied residential property tax rates range from 10 to 22%. Eventually, these rates will increase to 12-36%.
The EC Qingjian Realty at a site on Bukit Batok West Avenue 8 is an investment project. The development is located within walking distance to the city centre. Its location is convenient for public transport stations, and it is also close to schools. The property is expected to sell for around $580 to $630 per square foot.
The development is a hybrid public-private partnership, and the site is estimated to yield around 375 residential units. The development will also include a supermarket and a food court on the ground floor, and a childcare centre on the first floor.
A new EC project in Bukit Batok is coming to the region, where the private supply is limited. The last private residential project in Bukit Batok, the Le Quest, had a strong take-up when it launched in August 2017. The new EC project will be a welcome addition to the area, as it will be popular among HDB upgraders. According to Mr Ismail, the development site is expected to attract eight to twelve bidders for the mid-sized parcel. The top bid could be in the range of $241.2 million to $261.3 million, based on the current land rate of $650 per sq ft per plot ratio.
Located in District 21, Bukit Batok EC has a convenient location, being accessible by bus from almost anywhere in the city. The area is close to many expressways, including the Pan Island Expressway, which runs from the Jurong East MRT station to Bedok. Getting to town is quick and easy, as there are a number of shopping malls, hawker centres, and other amenities within walking distance of the condominium.
Located in the central business district, Bukit Batok EC offers prime condos and apartment units in the CBD. The site features a large nature park and is surrounded by convenient amenities. It is also a short drive away from Jurong East and Woodlands. This development is the ideal home for working professionals and families who want a prime location that’s easy to access from public transportation.
Residents of Bukit Batok EC will be surrounded by shopping malls and restaurants. There will also be a childcare centre and supermarket. The project is developed by Qingjian Realty, one of Singapore’s leading developers.
ECs are a popular choice for many buyers as they are often more affordable than a full block. These properties are often surrounded by nature and are located near public transport links such as the Downtown Line and Bukit Panjang LRT. The ECs are designed for both working professionals and families. They are also conveniently located near major bus interchanges.
Bukit Batok West Avenue 8 EC is located a short drive from the Pan-Island Expressway, which provides easy access to the city. A 20-minute drive will take you to the city center. Other nearby amenities include the West Mall and Le Quest Shopping Mall. You can also visit the Quan Shui Wet Market and the Yuhua Village Market and Food Centre.
Bukit Batok EC is located in the western part of Singapore, near major educational and business hubs. It is also near the Jurong Lake District, which is undergoing a massive transformation into a new business district. There are also plans for the Jurong Mega-Port to be built here. As such, buying a property in this area will be a good investment.
Located at Bukit Batok West Avenue 8, this development site is set to be completed by 2022. The site is expected to contain 375 units, with a mix of retail and office space. It will also feature a childcare centre, supermarket and food court. The developer is Qingjian Realty, one of Singapore’s leading developers with interests in construction, finance, and capital management.