Le Quest Condo | Showflat Hotline (+65) 61001778

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LOCATION | FLOOR PLAN | PRICE | SHOWFLAT PREVIEW

With an estimated area of about 14,600 sqm, the Le Quest condo features more than just private residential units. The development will also include a mall and a child-care facility on levels 1 and 3 respectively.

Le Quest is located in Bukit Batok West Avenue and has about 516 residential units, which covers 5 blocks. The residential component is 12-storeys up from the 5^th level. Shops and a childcare center inside the retail mall will occupy about 64,583 sqft (gross area).

The mixed commercial and residential project drew very good response despite bleak prospects over property cooling measures prior to 2016. 11 developers bid for the project in May of 2016. The winning bidder, Chinese developer Qingjian Realty, successfully bid at $301.20 million. This is roughly equal to $635 per square foot or psf ppr (per square foot per plot ratio). With all factors incorporated, including construction, materials, marketing, labor costs as well as miscellaneous costs, this mixed development's per square foot should range from $1,250 to $1,350 per sqft. To visualize, a one-bedroom unit that measures 450 sqft will sell for a minimum of $560,000 and a maximum $607,000.

(Pending approval for Sale / Seeking indication of interest)

DEVELOPMENT SPECIFICATION

Project Name: Le Quest

Address: Bukit Batok West Avenue 6, Singapore

Developer: Qingjian Realty (Private) Limited

Description: Proposed mixed development of 5 blocks of 12-storey buildings, consisting of retail shops and residential units

District: 23

Site Area: Approx. 14,696 square meters or 158,188 square feet

Gross Floor Area: Approx. 44,091 square meteres or 474,596 square feet

Tenure: 99-year leasehold

Total Units: About 516 residential units

Expected T.O.P.: To be advised

Expected Completion: To be advised

LE QUEST PRICE PSF

After comparing with some of the latest launch in the Western part of Singapore, the Parc Riviera at West Coast Vale has an average transacted price of about S$1,251 psf and the Lake Grande at Jurong Lake Link has an average transacted price of about S$1,300 psf and the LakeVille at Lakeside at about $1,188 psf.