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Four-room HDB at Tiong Bahru View Sold for $1.158 mil with Buyer Paying $158,000 COV

A customer has paid $1.158 million ($ 1,237 psf) for a 936 sq ft, fourroom HDB flat at 10b Boon Tiong Road. HDB caveats reveal that the sale was lodged in June.
According to Malvin Lim, the home agent that represented the vendor, the unit was valued at $1 million by HDB. Therefore, the buyer paid a cash-over-valuation (COV) of $158,000. The COV is a cash quantity that represents the difference between the list price of the level and also its HDB assessment.
Lim is an assistant partner advertising supervisor at PropNex Realty, and also a participant of the Marcus Luah Division.

The flat is in a HDB advancement called Tiong Bahru View which comprises blocks 9a, 10a, 9b and 10b Boon Tiong Road. The 700-unit growth includes a mix of three- to five-room apartments and workshops.
EdgeProp’s collection of research devices includes a map of the nearby amenitites that …

JTC Launches Tanjong Penjuru Site for Tender

JTC has actually installed a Orchard Boulevard Residences Condo site at Tanjong Penjuru up for tender on June 28. It is the last of the three sites on the first fifty percent of 2022 validated Industrial Government Land Sales (IGLS) checklist to be launched.

Situated in the Jurong West commercial area, the 30-year leasehold Tanjong Penjuru story has a website area of 94,722 sq ft and a permissible Luminar Grand EC gross story ratio of 2.5. The optimum building elevation is 62m Singapore height information (SHD). The SHD was presented in 2015 as a height measurement Lorong 1 Toa Payoh Condo referral and Holland Drive Condo is fixed to Singapore’s historic mean sea level.
The site is zoned for organization 2 Orchard Road Condo (commercial) use under the Urban Redevelopment Authority (URA) Master Plan, permitting heavy industrial use such as basic market, production, repair and maintenance as well as the …

New EC site at Bukit Batok West Ave 5 launched for tender

The Housing as well as Development Board (HDB) has actually launched a new exec condominium (EC) site at Bukit Batok West Avenue 5 for tender on the confirmed Government Land Sales (GLS) list on June 28. The 99-year leasehold story remains on a land area of 179,000 sq ft as well as will certainly have an optimum allowable built-up area of 536,800 sq ft, based upon the gross plot ratio of 3.0, says HDB.

OrangeTee & Tie CEO Steven Tan anticipates the Tengah Plantation Close EC growth to generate a total amount of 495 devices. “There is only one completed EC advancement within Bukit Batok, The Dew, which has a resale rate of $1,024 psf based upon this year’s information,” he adds.

An additional surrounding plot at Bukit Batok Avenue 8 attracted a total amount of nine proposals and was awarded to Park Hill a QingJian Realty as well as …