Altura
Bukit Batok West Ave 8 EC
By Qingjian & Santarli Realty
(Targeting Launch in July 2023)
For illustration only
Altura
Bukit Batok West Ave 8 EC
Targeting Launch in Jul/Aug 2023
(Pending Approval For Sale)
The upcoming Altura, Bukit Batok West Ave 8 EC site is located along Bukit Batok West Ave 8 and Bukit Batok West Ave 5 with a land area of 12,449.3 sqm and possible to have up to 375 units of 3 to 5 bedrooms type of executive condominiums (EC). The land was released for sale via public tender on 23 Dec 2021 and attracted a total of 9 bids, with the top bid of $266 million or $661.67 psf ppr, coming from a joint venture between Qingjian Realty and Santarli Construction.
Bukit Batok West is a neighborhood located in the western part of Singapore. It is part of the Bukit Batok planning area and is located within the Jurong West precinct. Bukit Batok West is a residential area with a mix of public and private housing. There are several schools, shopping centers, and recreational facilities in the area. The Bukit Batok Nature Park is also located nearby, providing a green space for residents to enjoy. In addition, the neighborhood is well-connected to the rest of Singapore by public transportation, with several bus and train stations located within the area.
Tender results of Bukit Batok West Ave 8 Land Parcel
| S/N | Name of Tenderer | Tender Price ($) | $psm/GFA ($) |
|---|---|---|---|
| 1 | CNQC-OS (2) Pte. Ltd. and SNC Realty Pte. Ltd. | $266,000,000.00 | $7,122.20 |
| 2 | Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd. | $253,888,000.00 | $6,797.90 |
| 3 | Sing Holdings Residential Pte. Ltd., MCC Land (Singapore) Pte. Ltd. and Cedar Investments Pte. Ltd. | $252,100,000.00 | $6,750.03 |
| 4 | Four C Residence Pte Ltd., HST JV Pte Ltd. and Four Link Engineering Pte Ltd. | $250,000,999.00 | $6,693.83 |
| 5 | CSC Land Group (Singapore) Pte. Ltd. | $249,248,600.64 | $6,673.68 |
| 6 | Gamuda (Singapore) Pte Ltd and Evia Real Estate (9) Pte Ltd | $245,688,999.00 | $6,578.37 |
| 7 | Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd | $245,500,000.00 | $6,573.31 |
| 8 | Tarak Properties SG Pte. Ltd. | $242,500,000.00 | $6,492.98 |
| 9 | JBE (S) Pte. Ltd. | $211,000,000.00 | $5,649.57 |
Bukit Batok West Ave 8 EC
| Project Name | Altura (Bukit Batok West Ave 8 EC) |
|---|---|
| District | D23 - Bukit Batok / Bukit Panjang |
| Address | Bukit Batok West Ave 8 |
| Developer | Qingjian & Santarli Realty |
| Expected TOP | TBA |
| Tenure | 99 years Lease |
| Site Area | 12,449.3 sqm / 134,003.15 sqft |
| Plot Ratio | 3.0 |
| No. of Blocks / Levels | 6 Blocks of 15-storey Towers |
| Total Units | 360 units |
| Carpark Lots | TBA |
| Architect | TBA |
| Landscape | TBA |
| Builder | TBA |
| Site Awarded Date | 22 Mar 2022 |
| Targeted Launch Date | July/Aug 2023 |
| Land Rate (Land Cost) | $662 psf ppr |
Bukit Batok, Our Home
Bukit Batok West Ave 8 EC Location
The new Altura, Bukit Batok West Avenue 8 EC is to be launched in the next up and upcoming residential zone of Singapore, alongside new BTO projects like West Scape, West Hill, West Plains, and West Edge.
It is also next to the developing Tengah region, and within walking distance to the Tengah Plantation (JE1) MRT Station and Tengah Park (JE2), part of the Jurong Region Line.
It is anticipated to be released to a high demand, as there has not been any Executive Condominium projects launched in that area for a very long time.
Bukit Batok West Ave 8 EC
Price List
Estimated average price from $1,304 to $1,360 psf
Source taken : URA, HDB and edgeprop reports
Land Cost (Bukit Batok West Ave 8)
$662 psf ppr
Estimated breakeven price including Land Cost, Construction, Financing, Architect, Designing, Marketing and others
$1,134 psf ppr
Developer 15-20% markup in profit
$170 - $226 psf ppr
Indicative average selling price
$1,304 - $1,360 psf
We anticipate that the potential selling price of the new Bukit Batok West Ave 8 EC could hover around $1,304 to $1,460psf, noting that the site's proximity to the developing Tengah region, and within walking distance to the Tengah Plantation (JE1) MRT Station and Tengah Park (JE2), part of the Jurong Region Line.
Estimated pricing for a 3 Bedroom unit, size about 893 sqft that comes with 3 Bedrooms + Living Hall + 2 Baths + Kitchen and Household-shelter will start from $1,205,550 (893 x $1,350psf)
The table below will give an estimation of the starting price of all units type.
*Do note this is for illustration purpose as units sizes and average psf will varies.
| Type | Est. Size (Sqft) | Est. Price From |
|---|---|---|
| 3 Bedroom | 893 / 947 | $1,205,500 |
| 3 Bedroom Premium | 980 / 1,013 | $1,323,000 |
| 4 Bedroom | 1,098 / 1,152 | $1,482,300 |
| 4 Bedroom Premium | 1,259 / 1,367 | $1,699,650 |
| 5 Bedroom | 1,561 / 1,711 | $2,107,350 |
Bukit Batok West Ave 8 EC
Site plan and Floor plans
(Coming soon in Q3 2023)
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Your Real Estate Partner
Elson Chua
(65) 8182 1832
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