2 New Freehold Development in Bartley

On 15 April 2019, the SingHaiyi Group announced the opening of showflats for public viewing for two of their ongoing freehold condominium projects in Bartley. The announcement, made at a media gathering at 16 Tai Seng Street, revealed that the show flats would be open for viewing on 18th April 2019 onwards.

The first showflat is for the upcoming Gazania condo. This project is being developed in How Sun Drive. The Gazania has been designed to accommodate 250 flat units in a layout consisting of seen five-storeyed buildings. The flats will range for one-bedroom to four-bedroom units and are scheduled for completion towards the end of 2022. Currently, the estimated prices for the 440 sq ft one-bedroom flats begin at $1 million. The 1800 sq ft four bedroom penthouse flats are likely to be up on the market at a starting price of approximately $3.3 million.

The other show-flat that will be open for viewing belongs to the twin development project of The Lilium condo that is underway on How Sun Road. The Lilium is designed to house 80 two to four bedroom units spread across two-five storey buildings. Though they will also be luxury residential flats with similar on-site amenities, they will be offered on the market at a slightly lower price than The Gazania. The developers have indicated that the starting price for The Lilium will most likely be at least 5% lower than that of The Gazania. The The Lilium development is also scheduled to be completed and open for possession before the end of 2022.

The SingHaiyi group had acquired both land plots in 2017 and have since redesigned the projects to create new residential opportunities for the people of Singapore. As residential purchases of new flats are hard to come by these days, the builders are confident that the proposed price structure will appeal to a large market of home buyers.

The Gazania and the Lilium are located in one of the most coveted areas of District 19. They are also likely to be the first freehold development to be opened for public possession in 5 years. On completion, the condominiums will be a five-minute walk away from the Bartley MRT station. The Kallang-Paya Lebar Expressway is also nearby for those who take the road for their daily commute. In addition, the area is conveniently located near several malls and parks.

The SingHaiyi group is confident of attracting a strong response from investors and potential homeowners for the condominiums at Bartley given their strategic location and proposed features.

 

 

Visit link below for more info,

https://www.straitstimes.com/business/property/singhaiyi-launching-two-freehold-condo-projects-in-bartley

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