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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 5th 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)
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
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.
LE QUEST LOCATION MAP
LE QUEST SITE PLAN
To be advised
LE QUEST FLOOR PLAN
LE QUEST SHOWFLAT VVIP PREVIEW REGISTRATION
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