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Issue 384

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CONTENTS FROM THE

p2 Life in the West – A Comparison of


EDITOR
Welcome to the 384th edition of the
Singapore Property Weekly.
Bukit Batok Condos
Hope you like it!
p9 Resale Property Transactions
Mr. Propwise
(November 19 – November 26)

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SINGAPORE PROPERTY WEEKLY Issue 384

Life in the West – A Comparison of Bukit Batok


Condos
By KK Tong (guest contributor) population of 144,410. The estate offers
predominantly public housing, with some
pockets of private landed housing, one
located at Eng Kong/Toh Tuck, which is at the
extreme South-East, and another at the area
adjacent to ITE College West (Choa Chu
Kang), known as Pavilion Park. A cluster of
condos is also situated in the Hillview area.

Our comparison today will be on condos in


the main section of Bukit Batok, which is to
the West of this estate.As with any matured
town, Bukit Batok is pretty well developed and
amenities are easily accessible. For
Bukit Batok is a matured estate in the
transportation, the western part is served by
Western part of Singapore. A relatively small
the North-South Line while the eastern area is
estate compared to other estates, it has a
served by the Downtown Line.

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SINGAPORE PROPERTY WEEKLY Issue 384

Amenities in Bukit Batok situated near the Gombak MRT Station.


Greenery is lush in this town, and nature
Amenities are plentiful, so residents’ needs
lovers will surely enjoy Bukit Batok Nature
and requirements are readily met. Shops,
Park, Bukit Batok Town Park, and Little Guilin.
eateries, supermarkets, schools, recreational
services, medical establishments are well Bukit Batok Public Library is housed on the
spread out. third level of West Mall, a shopping centre
near the town centre.
Some primary schools located here are Bukit
View Primary School, Keming Primary At West Mall, shoppers can enjoy retail
School,Lian Hua Primary School, and therapy and food enthusiasts will certainly
Princess Elizabeth Primary School. find lots of food options to satisfy their
Secondary schools include Bukit Batok, Bukit palates. Grocery shopping is easily done at
View, Hillgrove, and Swiss Cottage. Other Cold Storage at the Basement Level.
institutes of learning include Millennia Institute
Comprehensive medical facilities can befound
and Dulwich College (Singapore). The
at Ng Teng Fong General Hospital.
nearest polytechnic is Ngee Ann, just across
the Toh Tuck area. MRT stations serving the residents here are
Bukit Batok, Bukit Gombak, and Hillview. The
For recreation, the Bukit Batok Swimming
two major roads to access other parts of the
Complex is located near East Avenue 6. The
island is the PIE (Pan Island Expressway)
Bukit Gombak Stadium and Sports Hall are
and Bukit Batok Road.

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SINGAPORE PROPERTY WEEKLY Issue 384

Condo #1 –Guilin View Condo #2 –The Jade

Our first condo, Guilin View, was completed in The Jade, a Sim Lian Pte Ltd project, was
2000 by City Development Ltd. completed in 2004.

Figure 1: Guilin View

Figure 2: The Jade

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SINGAPORE PROPERTY WEEKLY Issue 384
Condo #3 – The Madeira Condo #4 – Parkview Apartments

Our third development, The Madeira, is a Parkview Apartments is located on Bukit


development of Janiton Pte Ltd and was Batok St 25. This development was
completed in 2003. completed in 1998 by Far East Organisation.

Figure 4: Parkview Apartments


Figure 3: The Madeira

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SINGAPORE PROPERTY WEEKLY Issue 384
Condo #5 – Regent Heights Comparing the 5 condos

Another development by Far East


Organisation, Regent Heights was completed
in 1999.

Figure 6: Location Map of Condos


Figure 5: Regent Heights The 5 condos are located within an estimated
2 km range from each other. Distance to MRT
stations vary for the developments.

Of the condos, the most convenient is The


Jade as it is located closest to both the MRT
station and the shopping centre West Mall.

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SINGAPORE PROPERTY WEEKLY Issue 384

Parkview Apartments is the least convenient weather.


as the nearest MRT station is 1.44 km away,
The other project which I am not too keen on
a distance that is too far to walk in our hot
is Guilin View as its unit size is a tad smaller
weather.
than the others.
In terms of age, Parkview Apartments is also
That leaves me with two options – The Jade
the oldest development with a 99-year lease
or The Madeira. Both these are about the
starting from 1994. The Jade is the ‘newest’
same age, the unit sizes are pretty similar,
development as its lease starts from 2001. All
and distance to the MRT is walkable.
the 5 condos have 99-year leases.
The Jade is pretty attractive as its location is
Other than Guilin View’s smaller sized 2-
definitely more convenient than The Madeira,
bedroom units, the other 4 developments
but its average PSF price is higher by $120.
have pretty decent unit sizes.
Based on the respective PSF prices, a 1012
So which one would I choose? sf unit at The Jade will set me back by slightly
more than $1m, whilst a 1055 sf unit at The
I’d probably not consider Parkview
Madeira will cost me about $920,000. As the
Apartments and Regent Heights simply
differential is not too big, I’d probably opt for
because these two projects are a good
The Jade for its convenience.
distance from the nearest MRT stations, and I
do not enjoy walking in our perpetually hot

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SINGAPORE PROPERTY WEEKLY Issue 384

Non-Landed Residential Resale Property Transactions for the Week of Nov 19 – Nov 26

Postal Area Transacted Price Postal Area Transacted Price


Project Name Tenure Project Name Tenure
District (sqft) Price ($) ($ psf) District (sqft) Price ($) ($ psf)
1 MARINA ONE RESIDENCES 1,001 2,108,819 2,107 99 10 REGENCY PARK 3,175 5,600,000 1,764 FH
1 MARINA ONE RESIDENCES 1,163 2,409,393 2,073 99 10 BALMORAL HILLS 3,165 4,650,000 1,469 FH
1 ONE SHENTON 1,604 2,500,000 1,559 99 10 N.A. 1,518 1,822,000 1,200 FH
2 SKYSUITES@ANSON 667 1,608,000 2,409 99 11 N.A. 3,014 5,500,000 1,825 FH
2 SPOTTISWOODE 18 635 1,280,000 2,016 FH 11 THE GLYNDEBOURNE 689 1,220,000 1,771 FH
3 THE CREST 797 1,610,000 2,021 99 11 AMANINDA 1,055 1,575,000 1,493 FH
3 THE CREST 1,701 3,350,000 1,970 99 11 STRATA 1,636 2,200,000 1,345 FH
3 EMERALD PARK 1,001 1,270,000 1,269 99 12 VISTA RESIDENCES 1,216 1,800,000 1,480 FH
4 CORALS AT KEPPEL BAY 570 1,511,000 2,649 99 12 PAPILLON 936 1,200,000 1,281 FH
4 CORALS AT KEPPEL BAY 1,238 2,520,000 2,036 99 12 OLEANDER TOWERS 861 1,020,000 1,185 99
5 THE PARC CONDOMINIUM 1,292 1,780,000 1,378 FH 13 BARTLEY RIDGE 829 1,170,000 1,412 99
9 THE CENTREPOINT 1,173 3,000,000 2,557 99 14 SIMS URBAN OASIS 463 788,000 1,702 99
9 PATERSON RESIDENCE 1,496 3,630,000 2,426 FH 14 SIMS EDGE 506 700,000 1,384 FH
9 ST THOMAS SUITES 2,605 5,280,000 2,027 FH 14 EUHABITAT 549 670,000 1,220 99
9 VIDA 861 1,644,800 1,910 FH 14 EUHABITAT 1,012 1,140,000 1,127 99
9 LUCKY PLAZA 1,647 2,850,000 1,731 FH 14 CENTRA LOFT 936 980,000 1,046 FH
9 PARC SOPHIA 549 890,000 1,621 FH 14 SIMS GREEN 2,153 1,390,000 646 99
10 FOUR SEASONS PARK 2,260 5,800,000 2,566 FH 15 PARC BLEU 452 665,000 1,471 FH
10 LEEDON RESIDENCE 2,131 4,880,000 2,290 FH 15 HAWAII TOWER 2,239 3,175,000 1,418 FH
10 LEEDON RESIDENCE 2,131 4,680,000 2,196 FH 15 WATER PLACE 904 1,215,000 1,344 99
10 VOLARI 1,324 2,800,000 2,115 FH 15 E-SPACE 990 1,200,000 1,212 FH
10 J C DRAYCOTT 797 1,650,000 2,071 FH 15 PALM VISTA 1,055 1,200,000 1,138 FH
10 BELMOND GREEN 980 2,000,000 2,042 FH 15 THE VANDERLINT 926 1,010,000 1,091 FH
10 PARVIS 1,701 3,260,000 1,917 FH 15 TIVOLI GRANDE 1,528 1,428,000 934 FH
10 GALLOP GREEN 2,992 5,400,000 1,805 FH 15 LAGOON VIEW 1,647 1,470,000 893 99

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SINGAPORE PROPERTY WEEKLY Issue 384

Postal Area Transacted Price Postal Area Transacted Price


Project Name Tenure Project Name Tenure
District (sqft) Price ($) ($ psf) District (sqft) Price ($) ($ psf)
15 N.A. 1,087 960,000 883 FH 21 PANDAN VALLEY 1,647 2,450,000 1,488 FH
15 PALM GALLERIA 1,884 1,600,000 849 FH 21 SPRINGDALE CONDOMINIUM 1,152 1,368,000 1,188 999
16 BEDOK RESIDENCES 592 865,000 1,461 99 21 MEADOWLODGE 1,367 1,500,000 1,097 99
16 ARCHIPELAGO 840 950,000 1,132 99 21 HIGH OAK CONDOMINIUM 1,163 1,192,000 1,025 99
16 WATERFRONT GOLD 893 998,000 1,117 99 21 CLEMENTI PARK 1,722 1,748,000 1,015 FH
16 CASA MERAH 1,249 1,350,000 1,081 99 22 LAKEHOLMZ 1,776 1,210,000 681 99
16 THE CLEARWATER 1,335 1,260,000 944 99 23 CASHEW HEIGHTS CONDOMINIUM 1,658 1,880,000 1,134 999
16 SUNHAVEN 1,604 1,470,000 917 FH 23 GUILIN VIEW 1,701 1,520,000 894 99
17 THE INFLORA 463 530,000 1,145 99 23 THE MADEIRA 1,356 1,180,000 870 99
17 AVILA GARDENS 1,324 1,195,000 903 FH 23 REGENT GROVE 926 665,000 718 99
17 HEDGES PARK CONDOMINIUM 1,184 950,000 802 99 28 SELETAR SPRINGS CONDOMINIUM 1,335 955,000 715 99
18 D'NEST 1,636 1,590,000 972 99
19 THE SCALA 474 780,000 1,647 99
19 THE LUXURIE 452 668,000 1,478 99
NOTE: This data only covers non-landed residential resale property
19 BARTLEY RESIDENCES 1,023 1,368,000 1,338 99
transactions with caveats lodged with the Singapore Land Authority.
19 THE MINTON 1,658 1,800,000 1,086 99 Typically, caveats are lodged at least 2-3 weeks after a purchaser
19 CHUAN PARK 1,173 1,250,000 1,065 99 signs an OTP, hence the lagged nature of the data.
19 THE QUARTZ 1,033 1,080,000 1,045 99
19 CHUAN PARK 1,173 1,182,888 1,008 99
19 THE QUARTZ 1,249 1,200,000 961 99
19 COMPASS HEIGHTS 1,550 1,438,888 928 99
19 SUITES @ PAYA LEBAR 1,389 1,280,000 922 FH
20 THOMSON THREE 1,066 1,320,000 1,239 99
20 SEASONS VIEW 1,141 1,250,000 1,096 99
20 GRANDEUR 8 1,259 1,200,000 953 99
21 THE CASCADIA 1,496 2,500,000 1,671 FH

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