Bukit Timah Road GLS is actually a ninety nine-12 months leasehold Authorities Land Sales web-site that is expected to yield somewhere around 340 residential models upon progress. Located in the guts of District 11, the internet site is a component of Singapore’s ongoing urban transformation close to the Newton space, presenting sturdy connectivity, Life style usefulness, and lengthy-term financial investment probable within a extremely sought-following town location.
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Drawing a total of eight bids, the Bukit Timah Road plot obtained a healthier fascination for a main web page in The existing careful local climate.
In the case of Goodwood Home, although psf rental metrics may surface decrease on account of larger sized unit dimensions, the absolute rental quantum continues to be highly pertinent, particularly when benchmarking for big-format products eventualities.
A new Newton MRT job is unlikely to “contend” specifically with Hamilton Scotts, but it might (i) broaden the buyer pool investigating the broader Newton/Scotts enclave and (ii) bolster the neighbourhood narrative as URA’s for a longer time-term rejuvenation performs out.
Jerry Wong is usually a realtor at Propnex Realty, bringing a abundant history in interior and lighting structure to his function. He enjoys Checking out diverse spaces and observing the transformative electrical power of housing.
This included the former Prudential making at fifty one Scotts Road (generally often called Prudential @ Scotts / Scotts Spazio), which was part of this interim setting up strategy and connected to broader conversations on lease expiry and land reversion during the mid-2020s.
The internet site sits right next to Newton MRT interchange, giving future residents immediate usage of both the Downtown and North-South Strains. This key connectivity is predicted being A serious attract for equally developers and consumers.
At time, the website was the first enhancement plot launched which was totally zoned for long-keep serviced apartments. This was also not awarded as the government considered the bid price tag as well low.
Bukit Timah is actually a prestigious residential place situated in the central-western Element of Singapore. Noted for its natural splendor and affluent bukit timah residences newton singapore Local community, it offers a tranquil natural environment coupled with proximity to city conveniences.
This tends to make more recent jobs’ posted device regions far more similar/standardised versus more mature developments, and might press “headline psf” increased for the same lived-in Area.