Tengah Plantation Close EC1
By Hoi Hup Realty and Sunway Developments
(Targeting Launch in Q1 2025)
For illustration only
Tengah Plantation Close EC1
Targeting Launch in Q1 2025
(Pending Approval For Sale)
We are thrilled to introduce the upcoming Tengah Plantation Close EC1 development, located at Plantation Close. Spanning across an impressive area of 16,400 sqm, this development is set to redefine modern living with its thoughtfully designed units.
Excitingly, there will be a maximum of 495 units available in this development, ensuring a close-knit community that fosters a sense of belonging and neighbourly camaraderie. Imagine living in a place where you can truly connect with those around you, creating lifelong friendships and cherished memories.
Tengah Plantation Close EC1 GLS site was put up for sale on 23rd December, 2022. It garnered significant attention, receiving a total of 9 bids during the public tender process. Amongst the bidders, Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd emerged as the highest bidder, showcasing their confidence in the immense potential of this development.
The winning bid, an impressive $348.5 million or $703 per square foot per plot ratio, further solidifies the promise of Tengah Plantation Close EC1. It demonstrates the developers' commitment to delivering a premium living experience that exceeds expectations.
With its strategic location and impressive array of amenities, Tengah Plantation Close EC1 is set to become a highly sought-after community. Residents will enjoy easy access to nearby schools, shopping malls, parks, and more. The development's thoughtful design ensures that every aspect of life is catered to, providing a seamless blend of comfort, convenience, and natural beauty.
Tender Result of Tengah Plantation Close EC1
Tengah Plantation Close EC1
| Project Name | TBA (Plantation Close EC1) |
|---|---|
| District | D24 - Choa Chu Kang / Tengah |
| Address | Plantation Close |
| Developer | Hoi Hup Realty and Sunway Developments |
| Expected TOP | TBA |
| Tenure | 99 years Lease |
| Site Area | 16,400 sqm / 176,528.1 sqft |
| Plot Ratio | 2.8 |
| No. of Blocks / Levels | TBA |
| Total Units | Up to 495 units |
| Carpark Lots | TBA |
| Architect | TBA |
| Landscape | TBA |
| Builder | TBA |
| Site Awarded Date | 11 Sept 2023 |
| Targeted Launch Date | Targeting Q1 2025 |
| Land Rate (Land Cost) | $703 psf ppr |
Tengah - The Forest Town Masterplan by HDB
Singapore's initial intelligent and eco-friendly town, Tengah, is set to be launched in the near future. This development will feature smart technology and green components to promote sustainability. The new town is expected to provide fresh living spaces and work opportunities in the Western area of Singapore. Additionally, Tengah will complement other developments, such as Jurong Innovation District and Jurong Lake District, by contributing to Singapore's progress.
Tengah's creative planning aims to make the most of its distinct character and provide its inhabitants with fresh residential and leisure options. The focal points of the forthcoming town will be centered on the environment and the society, thus developing a charming town that will enable future residents to get a feel of being "One with Nature" while being at home.
It is anticipated that around 42,000 novel dwellings will be constructed in the town, spread over five residential areas, each of which features a distinctive design.
Tengah Plantation Close EC Location
Tengah Plantation Close EC is set to become one of the most sought-after locations for 99-year leasehold Executive Condominiums (ECs) in Singapore. With a maximum gross floor area of 45,920 sq m and a prime spot in Tengah New Town, the EC site is located within walking distance of two MRT stations on the upcoming Jurong Region Line, Tengah Park MRT station and Bukit Batok West MRT station.
Apart from being conveniently located near MRT stations, the Tengah Plantation Close EC site is also close to Tengah’s future car-free town centre, making it an ideal spot for families who want to enjoy a car-free lifestyle. The site is also within 2km of 12 plots of land zoned for education institutions, making it an excellent location for families with school-going children.
The 16,400 sq m site is located on a road that has yet to be built, ensuring that residents will enjoy a quiet and peaceful environment. The location is perfect for those who want to live in a tranquil and serene environment while still being close to all the amenities that the city has to offer.
With the Tengah Plantation Close EC location being so prime, it is no surprise that it is generating a lot of interest from homebuyers. If you are looking for a 99-year leasehold EC in a prime location, then look no further than Tengah Plantation Close.
Families with children will appreciate the proximity of Tengah Plantation Close EC to many reputable schools, including Yuhua Primary School, Jurong Primary School, and Princess Elizabeth Primary School. There are also several secondary schools and tertiary institutions in the vicinity, making it easy for students to access quality education.
For those who enjoy outdoor activities, Tengah Plantation Close EC is situated near many parks and green spaces. The Jurong Lake Park, for instance, is just a short drive away from the development. This park boasts of jogging trails, cycling paths, and picnic areas, making it a perfect place for families to spend quality time together.
Bukit Batok West Ave 5 EC
Price List
Estimated average price from $1,253 to $1,307 psf
Source taken : URA, HDB and edgeprop reports
Land Cost (Bukit Batok West Ave 5)
$626 psf ppr
Estimated breakeven price including Land Cost, Construction, Financing, Architect, Designing, Marketing and others (A)
$1,089 psf ppr
Developer 15-20% markup in profit (B)
$164 - $218 psf ppr
Indicative Average selling price (A+B)
$1,253 - $1,307 psf
The potential selling price of the new Bukit Batok West Ave 5 EC is expected to be between $1,253 and $1,407 per square foot (psf) based on factual data. The anticipated price takes into account that Deferred Payment Scheme is usually priced 3% higher. This news will be encouraging for potential buyers who are interested in purchasing a unit in this upcoming development, as the price range is competitive compared to other similar properties in the area. The new EC is expected to offer quality facilities and amenities for comfortable and convenient living. With the anticipated selling prices, buyers will be able to make informed decisions on their purchase decisions.
By using $1,350 per square foot (psf) as a guide, the estimated pricing for a 3 bedroom unit, with a size of approximately 893 sqft, that comes with 3 bedrooms, a living hall, 2 baths, kitchen, and household-shelter will start from $1,205,550 (893 x $1,350psf). Potential investors and buyers can expect to find a comfortable living space that is both practical and functional.
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 |
Tengah Plantation Close EC1
Site plan and Floor plans
(Coming soon)
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Your Real Estate Partner
Elson Chua
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