Le Quest Condo Price – Land Price By Qingjian
|LOCATION||ALLOWABLE DEVELOPMENT||SITE AREA||MAXIMUM GROSS FLOOR AREA||SUCCESSFUL TENDERER||TENDERED PRICE|
($PSM OF GFA)
|Bukit Batok West Avenue 6||Commercial and Residential||14,696.7 m2||44,091 m2||Qingjian Realty (BBR) Pte Ltd. and Qingjian Realty (BBC) Pte Ltd.||$301,160,000|
Le Quest Condo Price – Developers Bid
|RANKING||NAME OF TENDERER||TENDERED SALE PRICE ($)||TENDERED SALE PRICE IN $PSM OF GFA|
|1||Qingjian Realty (BBR) Pte Ltd. and Qingjian Realty (BBC) Pte Ltd.||301,160,000.00||6,830.42|
|2||Allgreen Properties Limited||277,980,000.00||6,304.69|
|3||Wee Hur Development Pte Ltd||268,000,000.00||6,078.34|
|4||Zenmost Developments Pte. Ltd. and Zenlead Investments Pte. Ltd.||257,222,000.00||5,833.89|
|5||China Construction (South Pacific) Development Co. Pte. Ltd.||255,188,888.00||5,787.78|
|6||First Bedok Land Pte Ltd and GLL A Pte. Ltd.||253,000,000.00||5,738.13|
|7||TTH Development Pte Ltd and Kay Lim Realty Pte Ltd||221,100,000.00||5,014.63|
|8||CEL Real Estate Development Pte. Ltd.||209,000,000.00||4,740.20|
|9||Mezzo Development Pte Ltd||200,000,000.00||4,536.07|
|10||Low Keng Huat (Singapore) Limited||195,000,000.00||4,422.67|
|11||Sim Lian Land Pte Ltd||188,000,000.00||4,263.91|
Le Quest Condo Price – Nearby Condos Price
- The Jade, a small 280 unit condo nearby, currently lists at S$3,000 to S$4,000 per month. An executive condominium in the Bukit Batok area,
- The Dew, runs a bit cheaper with current listings from S$2,500 to S$3,000 per month.
- A highly rated nearby condo, Guilin View, sees similar rental listings in the two and three thousand range, and buying prices around S$1 million, with The Madeira condo following suit.
Le Quest Condo Price – Breakeven Price
With the land price of S$635 per sqf (psf) per plot ratio, the estimated break-even prices for the residential space in the new condominiums to be developed on the site range from S$920 psf to S$980 psf.
Le Quest Condo Price – Estimated Launch and Guide Price
Based on the past few launches, it is estimated that the launch price will be approximately $1,280 psf . Take note that this is NOT the final selling price as Qingjian Realty Pte Ltd will do their comparative market analysis and price accordingly. To avoid buying at a premium while enjoying the preview discount for the best purchase price, start by registering for the VVIP preview today.
Le Quest Condo Price – Selling Price
- Qingjian has not released any indicative pricing for Le Quest. Please register early to keep yourself informed of the latest price when ready. (Latest update 12th June: Target selling price will be priced way back to year 2010 market! Cheapest unit will go as a low as $5xxk, how good it is for a mixed development at today’s market.
- Le Quest target price list will be released early July 2017.
- To enjoy official direct developer price and pay zero commission, it is recommended to register for VVIP preview.