HDB has launched a public tender for the construction of an executive condominium at Bukit Batok West Avenue 8. Earlier, HDB had announced the site for sale at the same location. However, the bids were not successful, and the developer was unable to sell the plot. In an effort to increase sales, the HDB has put the executive condominium site on sale at a lower price. The developer is now seeking to get the highest price for the plot.
The site of Bukit Batok EC is 12,449.3 sqm in area, with a GFA of 37,348 sqm. Once the project is completed, it will have as many as 375 units. It is located in the suburb of Bukit Batok. One of the last private residential projects in Bukit Batok, Le Quest, had a strong take-up when it was launched in August 2017.
Most buyers of ECs are looking for a long-term residence. As the estate has matured, the schools have been well established, and parents don’t have to spend hours in traffic to get to school. Moreover, ECs have better facilities and a larger pool of potential buyers. Therefore, the price is likely to go higher if there are more bidders. But it is still too early to know if the new Bukit Batok ECs will be popular or not.
The bukit batok EC plot will sell at a higher price than most properties in the area. While the area itself has plenty of amenities, the lack of easy MRT access in this enclave can turn off potential buyers. As a result, it is likely that there will be a lot of competition in the EC market. As such, bidders are expected to pay $580 to $630 per square foot based on land pricing in the region.
In addition to the price, Bukit Batok ECs are also popular with HDB upgraders. Because of its close proximity to schools, this area is ideal for those who want a long-term residence. Besides, the proximity to schools is also an advantage. This gives parents more time to spend with their children instead of traveling. So, if you’re looking for an EC, the location should be perfect for your needs.
ECs are not merely a good investment option for buyers, but they also have some perks. Because Bukit Batok is a mature estate, it will be easier for developers to fill their land banks with new projects. In addition, it’ll be more convenient for the buyers to commute, which is the main advantage of ECs. There is no extra buyer’s stamp tax, which means that there are no extra costs for them.
The Bukit Batok EC is a prime location for first-time homebuyers. The Bukit Batok MRT station is only a 10-minute walk away. It is also near many other major amenities, such as restaurants and shopping centres. In addition, the area also has many amenities, which make it a great place to live. So, if you’re looking for a condo in this location, you should definitely consider it.
Bukit Batok EC residents are also just a short drive away from West Mall that has been providing Bukit Batok residents with entertainment since 1998. With a diverse tenant mix, the mall has long attracted visitors from across the island, and is also home to a 6-hall Cineplex and food court. The mall also has a post office and supermarket, which provide a range of services. Here are the things you should know about West Park. Read on to learn more.
Bukit Batok EC will benefit from the new Bukit Batok Master Plan. With over seven hundred and fifty acres of residential land, the Bukit Batok Master Plan Transformation is a massive initiative by the Singapore government. Previously, the area was merely a planning zone. Today, it is one of Singapore’s most sought-after district for residential development, offering the best urban living conditions and amenities. It is now the preferred neighbourhood for families in Singapore, and has already received positive reviews from residents and the media.
The redevelopment of Tengah will make the western part of Singapore greener and more sustainable especially Bukit Batok EC residents. The new town will include a 100m wide forest corridor and connect the central and western catchment areas via a green network. It will also feature a large central park and community farmways. It will be car-lite, with numerous eco-friendly features around the town. In addition to that, it will include a high-speed air-borne system for household waste disposal.
Bukit Batok EC will also benefit from the developments of the Jurong Lake District. The Jurong Lake District is an 112-hectare (1.3 sq mi) mixed-use business precinct located in Singapore’s northeast. The district is considered the future terminus for the Kuala Lumpur-Singapore High-Speed Rail. It is being developed to become the Republic’s second CBD. The Urban Redevelopment Authority (URA) is currently seeking master plan proposals for the area. It is one of the most ambitious developments in the city.
Bukit Batok EC convenience is unmatched as it is located near the Hillion Mall. The Hillion Mall is a suburban shopping mall in the Bukit Panjang district of Singapore. The complex is adjacent to the Bukit Panjang bus interchange and is serviced by both the Downtown MRT and the new Bukit Panjang LRT line. Anchored by Best Denki, NTUC FairPrice, Kopitiam, and SingTel, the Hillion Mall is a modern integration of a retail mall and residential living.