Bukit Batok West Ave 5 EC
By CDL Zenith Pte Ltd
(Targeting Launch in Q1 2024)
For illustration only
Bukit Batok West Ave 5 EC
Targeting Launch in Q1 2024
(Pending Approval For Sale)
The upcoming Bukit Batok West Ave 5 EC development at Bukit Batok West Ave 5 will cover an area of 16,623.7 sqm and is expected to offer between 3 to 5 bedroom units, with a maximum of 495 units. The site was put up for sale on 28th June, 2022 through a public tender process and received four offers in total. CDL Zenith Pte Ltd emerged as the highest bidder with a price offer of $336.068 million or $626 per square foot per plot ratio. The second highest bid from Sim Lian Group was just 0.17% lower, at $335.508 million or $625 psf ppr.
Tender results of Bukit Batok West Ave 5 Land Parcel
Bukit Batok West is a vibrant and modern residential area located in the west region of Singapore. Known for its serene and peaceful surroundings, it is a popular choice for families and young professionals. With its close proximity to other planning areas like Tengah new town, residents have easy access to a diverse range of amenities and recreational activities. The region is also well-connected with the Bukit Batok West MRT station and accessible through the nearby Bukit Gombak MRT station. The Bukit Batok West area is constantly developing with new housing options and job opportunities available for those seeking a modern and comfortable lifestyle.
Bukit Batok West Ave 5 EC
| Project Name | TBA (Bukit Batok West Ave 5 EC) |
|---|---|
| District | D23 - Bukit Batok / Bukit Panjang |
| Address | Bukit Batok West Ave 5 |
| Developer | CDL Zenith Pte Ltd |
| Expected TOP | TBA |
| Tenure | 99 years Lease |
| Site Area | 16,623.7 sqm / 178,936.02 sqft |
| Plot Ratio | 3.0 |
| No. of Blocks / Levels | TBA |
| Total Units | 512 units |
| Carpark Lots | TBA |
| Architect | TBA |
| Landscape | TBA |
| Builder | TBA |
| Site Awarded Date | 28 Sept 2022 |
| Targeted Launch Date | 1Q 2024 |
| Land Rate (Land Cost) | $626 psf ppr |
Bukit Batok, Our Home
Bukit Batok West Ave 5 EC Location
The Bukit Batok West Ave 5 EC site is situated adjacent to another EC plot along Bukit Batok West Ave 8. This placement has certain advantages as both developments will share a lot of common locational attributes. However, there is one key difference between the two sites, and that is the size of the Bukit Batok West Ave 5 EC site, which is bigger than the other. Another distinct feature is that the north-west side of the Bukit Batok West Ave 5 EC faces the Tengah new town, which is still under development. Despite this fact, the overall location of the site is favorable, and the future residents are likely to enjoy the benefits of being in close proximity to all essential amenities.
The community is anticipated to become more vibrant with the addition of many new HDB Build-to-Order (BTO) flats in the area, which will attract more families. As a result, ECs and private homes nearby may be a desirable option for these flat owners to consider when they decide to upgrade to a private condo in the future.
Bukit Batok is a self-sufficient town that offers its residents a high quality of life. The town boasts numerous parks, which provide ample opportunities for leisure activities and exercise. Additionally, there are plenty of shopping options for residents to choose from, including supermarkets, convenience stores, and malls. Furthermore, Bukit Batok is home to several schools, making it an ideal place for families with children. The town also has a stadium where residents can engage in sports and other outdoor activities. Also, healthcare amenities like the St. Luke’s Hospital and Bukit Batok Polyclinic ensure that residents have access to adequate medical care.
Finally, the new EC project is conveniently located just 1.2km from Bukit Gombak MRT station, providing easy access to commercial hubs like Jurong East and Woodlands. Overall, Bukit Batok is a fantastic place to live, work and raise a family.
Residents of Bukit Batok West EC will find it convenient to shop for their daily necessities at the nearby malls. With Le Quest shopping mall being only a stone’s throw away, they will have access to a wide range of food and beverage options, a supermarket, a pharmacy, along with other wellness and personal grooming services. The mall offers great convenience with everything being close by, from grocery shopping to getting a haircut. Furthermore, the West Mall located nearby also offers additional retail options. The Bukit Batok West Hawker Centre, situated next to Le Quest, is a great place for residents to grab a quick bite. This EC development is within walking distance from the hawker centre, which makes it ideal for those who are looking for a variety of food options. Overall, these options provide much-needed convenience to the residents of Bukit Batok West.
Nature-lovers would surely be thrilled by the project currently in place in Bukit Batok. The abundance of greenery within the town, from parks to neighbourhood green spaces, is a significant magnet for enthusiasts of nature. Bukit Batok Hillside Park, Bukit Batok Town Park with the picturesque Little Guilin quarry, Bukit Batok Nature Park, and two smaller neighbourhood parks in Bukit Batok Central are all beautiful locations within the town that leaves nature-lovers excited about exploring more. The wealth of greenery in Bukit Batok provides an excellent opportunity for nature enthusiasts to indulge in activities such as hiking and bird watching, among others. The Bukit Batok project has certainly provided a haven for nature lovers.
Families with young kids and those planning to have kids in the near future will feel relieved to know that there are several schools in the vicinity of their EC project. Having schools nearby not only offers convenience in ferrying the kids to and fro, but also saves commuting time. This allows the kids to rest more, especially during busy weekdays. The primary schools within a 1-km radius from the EC project are Dazhong Primary and St. Anthony’s Primary. In addition, there are several other schools nearby, including Bukit View Primary, Lianhua Primary, Princess Elizabeth Primary, Yuhua Primary, Dunearn Secondary, Swiss Cottage Secondary, Bukit Batok Secondary, Hillgrove Secondary, Millennia Institute, ITE College West, Eden School, and Dulwich College. Having such options for schools within reach is definitely a big bonus for families with young kids and would make their choices for a home more appealing.
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 |
Bukit Batok West Ave 5 EC
Site plan and Floor plans
(Coming soon in Q1 2024)
REGISTER YOUR INTEREST FOR A VVIP PASS TO SECURE DEVELOPER EARLY BIRD DISCOUNT
Your Real Estate Partner
Elson Chua
(65) 8182 1832
R014878H