For more information on this brand new District 5 South Buona Vista Road condominium development, please click on the following links:
This brand new residential development is by a Singapore listed developer, Oxley Holdings Limited. This land parcel, former Park Vista, was in a collectively sale late last year and was awarded to Oxley Holdings with an amount of $418 million. Park Vista sits on a land size of about 319,405 square feet or 29,673.45 square meters with a plot ratio of 1.4. It has a balance lease of about 60 years and hence the developer will have to pay a development charge to top up the lease. There were 5 bidders in this collective sale. There were 209 condominium units and 22 town houses in Park Vista and we were informed that Kent Ridge Hill Residences will consist of 525 condominium units and 68 strata landed houses.
What will this new development be priced at? The breakeven price for this land parcel is at $1096 per square foot per plot ratio (psf ppr) after topping up the lease. Check Kent Ridge Hill Residences price with us now.
(Pending approval for Sale / Seeking indication of interest)
KENT RIDGE HILL RESIDENCES PRICE DEVELOPMENT SPECIFICATION
Project Name: Kent Ridge Hill Residences
Address: Numbers 50 – 66, South Buona Vista Road, Singapore
Developer: Oxley Holdings Ltd
Description: Proposed residential development comprising condominium units as well as strata-landed units with communal facilities
Tenure: 99-year Leasehold
Total Units: 525 strata condominium units as well as 68 strata landed units
Site Area: Approx. 319,405 square feet or 29,673.45 square meters
Expected T.O.P.: To be advised
Expected Completion: To be advised
Unit Types: One to Four Bedroom units
KENT RIDGE HILL RESIDENCES PRICE PSF
Please see following graph from 99.co showing transactions at The Clement Canopy by UOL at S$1,375.37 per square foot in July 2018, a 592 square feet unit at Bijou at Pasir Panjang is transacted at S$1,967.20 per square foot in August 2018. The Orient at Pasir Panjang has one sold in August 2018 at S$1,802.52 per square foot and Harbour View Gardens has a 904 square feet unit transacted at S$1,681.10 per square foot. Finally, The Verandah Residences has also sold a 990 square feet unit at S$1,816.66 per square foot.
KENT RIDGE HILL RESIDENCES PRICE LOCATION MAP
KENT RIDGE HILL RESIDENCES PRICE SITE PLAN
KENT RIDGE HILL RESIDENCES PRICE FLOOR PLAN
KENT RIDGE HILL RESIDENCES PRICE SHOWFLAT VVIP PREVIEW REGISTRATION
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