HDB recently launched a public tender for the sale of executive condominium sites at Bukit Batok West Avenue 8. The project is located on the site of the former Bukit Batok Park. Bukit Batok EC will include a mixed use community with a variety of amenities. The HDB is planning to construct a 4.5-storey tower at the site. It will be the first EC in Singapore. The executive condominiums will be available for purchase for a minimum of $3.75 billion. This is the 1st amendment.
Bukit Batok EC site is in a prime location with few private developments. The last private residential development in the area was launched in August 2017. This project will offer eight executive condominium units, which is a great prospect for investors. It will feature a contemporary architectural style and a mix of commercial and residential space. The site offers many advantages, including a mature estate with established schools. Buyers do not have to wait for hours in traffic jams and can instead spend more time on other tasks.
Bukit Batok EC is the first private housing development in the area. It is expected to have a GFA of 37,348 square meters. The project is estimated to have up to 375 units. Despite its proximity to the existing Bukit Batok estate, this new development may compete with the upcoming Le Quest in the area. Regardless, the Bukit Batok EC could be an excellent investment, especially for those who are looking to upgrade from HDB.
There are a few reasons why developers are selling this Bukit Batok plot. Besides the fact that it is located in the Bukit Batok EC, developers are looking to replenish their land bank. The unsatisfactory supply of private housing units in this suburb has led to the shortage of affordable private housing. The EC site is considered an ideal opportunity for developers to recoup some of their costs. The expected price range for this land parcel is $241.2 million to $261.3 million.
Bukit Batok EC is located in the west of Singapore. It is conveniently located near the Bukit Batok MRT station, which is about three minutes’ walk away. The locality has a decent mix of amenities. The neighbourhood has one small mall, as well as hawker centres. It is close to the Pasir Ris MRT station, which is expected to open in 2030. It is a convenient location, but it does require a significant amount of parking.
The Bukit Batok EC site will feature eight executive condominium units for sale. They will have mixed-use designs, a mix of commercial and residential uses, and contemporary architecture. There are many advantages to this property. The Bukit Batok EC site is located in a prime area with limited private housing supply. There are a few other private housing projects in the area. Several HDB upgraders can afford to live in one of these units.
Bukit Batok EC is located near to Bukit Panjang MRT and LRT Station, the Bukit Panjang Plaza is a popular shopping and dining mall in the north-western part of Singapore. Opened in 1990, the plaza has expanded twice. It is owned by CapitaRetail and is a great place to spend your weekend. If you don’t have much time to shop, the NTUC FairPrice Finest supermarket is also located here.
Another shopping mall nearby is Le Quest is a mix development located in Jurong. Its concept of Live, Dine, Play gives residents a holistic lifestyle. As the Jurong Central Business District is a prime location, it is also accessible to the city’s many public transport services. Whether you want to enjoy a luxurious stay or simply need to stay near the office, the facilities and lifestyle options available at Le Quest will make your stay in the area a pleasurable one.
Other shopping centres nearby Bukit Batok EC that will benefit the residents of the development include Lot One. The Lot One Shopping Centre is a six-story mall located at 21 Choa Chu Kang Avenue in Singapore. It is close to bus interchange and major roads, making it convenient for residents and commuters. It is managed by CapitaLand Mall Asia and is also adjacent to Bukit Panjang Government High School, Pioneer Junior College and Choa Chu Kang Polyclinic. This mall is home to a variety of stores and restaurants.
Bukit Batok EC will have investment potential as it is near to the upcoming Jurong Lake District. The Jurong Lake District is a planned new development district in Singapore. It is an initiative by the Urban Redevelopment Authority to bring amenities and quality jobs closer to residents. This is a unique plan in Singapore because of its location on the Jurong Lake, and it is attracting a growing number of locals to the area. But how can it be developed? Here are a few ideas: To make the district more liveable, the URA wants to build more homes in the surrounding areas.
Situated just off the Jurong East MRT station, Le Quest is within easy reach of the future High Speed Railway Terminus. The development is also in the vicinity of Jurong East Mall. The commercial shops and retail outlets in the building are on the 1st floor. Moreover, the nearby amenities like restaurants and shopping malls make it a convenient place to shop and live. Despite being close to the CBD, Le Quest provides the best of both worlds: a convenient location and a wide range of facilities.