The Woodleigh Residences is a brand new condo advancement positioned next to Woodleigh MRT Station. Developed by Reliable designer Singapore Press Holdings together with Kajima Advancement. The leading quote for the plot of land was submitted Woodleigh Residences by Elara 1 and Callisto 1 whose moms and dad company is Singapore Press Holdings along with Kajima Development. The top bid of $1,132 million was gotten for the prime piece of commercial and domestic land. The mix development is located at Upper Serangoon Roadway best next to Serangoon MRT Station. It will include 667 systems at the landmark of Bidadari Task.
Taking a look at previous deals for advancements in the area, prices do hover in the mid $1,300 psf range. That would represent an approximate 35 per cent premium over the resale market if rates at The Woodleigh Residences do reach $2,000 psf. This premium is something which buyers have to decide whether is something they want to hand over just for an integrated advancement. When the advancement is finished, it must have a positive knock-on effect on the surrounding developments. My individual thought is that this future favorable impact may have already been factored into the cost of systems at The Woodleigh Residences.
The Woodleigh Residences is a joint endeavor in between Kajima Advancement and Singapore Press Holdings (SPH). Bidadari New Town is to be transformed into a unique and sustainable tranquil city oasis” that will include plant within added parks, seamless and cyclist-friendly connection routes, along with a number of leisure and leisure Woodleigh Residences centers to interest residents of any ages. From children to elderly community members, all locals can expect to find an element of the community that brings them satisfaction and convenience as this neighborhood of Singapore continues to flourish.
As of 21 May 2019, Park Place Residences has already offered around 98% of its 429 systems offered in total – with the highest transacted psf rate of $2,281 for a 484 sq feet house. Discover Bidadari’s only integrated advancement with a shopping mall, MRT station, Community Club, Childcare center and a bus interchange. Japan’s leading property developer, Kajima Development, and Asia’s leading media organization, Singapore Press Holdings, are developing their most ambitious mixed advancement to date, combining Japanese craftsmanship and Singaporean retail know-how to make The Woodleigh Residences among the most searched for addresses in the city-state.