Several residential sites have been put up for En bloc Sales buy its sellers and they are worth well over 1.2 billion in total.
About Cavenagh Gardens:
Cavenagh Gardens is a 17 story condo development that is within minutes to the Somerset MRT station and nearby Fort Canning and Istana Parks. This development is a perfect location that is surrounded by many amenities including restaurants, boutiques, banks and so much more plus all are within walking distance. It also has its own 24-hour security car park. Out of the properties just launched, this one has the highest asking price of $480 million.
About Rosalia Park:
This 2 and 3 bedroom condo site has 88 units and is located close by the Serangoon MRT. It is also nearby Cherry Gardens and the Fa Hua Monastery. It is only a few minutes away from the fabulous Heartland Mall which is home to many retail shops, supermarkets, banks, restaurants, and entertainment. The condo development has its own swimming pool, car park with 24-hour security, and a playground. The lowest asking price for Rosalia Park is 165 million.
About La Ville Condos:
This is a freehold condo development made up of 40 units and is nearby the Mountbatten MRT. It has its own swimming pool, several tennis courts, a car park with 24-hour security, and a clubhouse. Residents are within minutes of shopping outlets, restaurants, banks, and entertainment. The minimum asking price is 152 million.
There are also 3 single houses that as a whole are going for a total of 36 million to 38 million. These houses, as well as the above-mentioned properties, are expected to bring in many interested developers and investors. While many sites have sold over the years, there seems to be an even higher need for land for residential properties as prices are at the lowest in a very long time. Also, there is a strong performance in sales prices which is drawing even more interest from developers. The closing dates for all of the above are believed to be between the 19th and 29th of June. The three houses, Rosalia Park, La Ville, and Cavenagh Gardens are all expected to do very well.
Find out more from the web link below,
https://www.straitstimes.com/business/property/five-residential-sites-worth-over-12b-launched-for-collective-sale
If you are looking for new launch condos near Cavenagh Gardens, you can take a look at
New launches in Serangoon area
New condos in the East
