S$2000/psf,我感觉这个价格卖不出啊,woodleigh mrt而已啊
THE first private residential-cum-retail development that is shaping up in the new Bidadari estate will offer some 680 residential units and close to 28,000 square metres of retail gross floor area.
The project, being developed jointly by Singapore Press Holdings (SPH) and Japanese developer Kajima Development, will also be connected to Singapore's first air-conditioned basement bus interchange.
Condominium units of The Woodleigh Residences, ranging from two to four bedroom units, are likely to priced at above S$2,000 per square foot (psf) when the development is launched, likely in September, sources say.
OrangeTee & Tie and Savills Singapore are the appointed marketing agents for The Woodleigh Residences.
As for the retail component The Woodleigh Mall, it will be retained by the developers for recurring income.
SEE ALSO: SPH Magazines undertakes restructuring exerciseThe mixed-use project by SPH and Kajima Development marked its groundbreaking on Wednesday.
"We aim to transform this parcel of raw land into a much sought after oasis for homeowners to live close to park-land surroundings yet enjoy the convenience of a well provisioned and vibrant mall," said SPH chairman Lee Boon Yang at the project's groundbreaking.
SPH and Kajima Development had in June last year tabled a top bid of S$1.13 billion for the much-coveted commercial and residential site, which is the first Government Land Sales site offered in the new Bidadari Estate.
Their winning bid worked out to a land rate of S$1,181 per square foot per plot ratio (psf ppr) based on the maximum gross floor area allowed for the 99-year leasehold site.
Widely referred to as the "future Bishan" due to its central location, the Bidadari estate spanning 93 hectares is developed as part of Toa Payoh town, bounded by Bartley Road, Sennett Estate, Upper Serangoon Road and Mount Vernon Road.
It is envisaged to be "a community in a garden", with new HDB flats launched in the area so far being over-subscribed.
Dr Lee noted that the development will complement and benefit from the adjacent Bidadari Park while residents will enjoy views over the Alkaff Lake and Bidadari Heritage Walk. Visitors coming to the shopping mall too will benefit from the surrounding park amenities.
"Connectivity will be another key attraction, with multiple transport links such as Woodleigh MRT station and direct access to Singapore's first air-conditioned basement bus interchange," he said.
The development at the junction of Upper Serangoon and Upper Aljunied Road is also within a one to two kilometre catchment of popular primary, secondary and international schools.
This marks SPH's second residential project after Sky@eleven in Thomson Lane, which was completed in 2010 and sold out not long after. Its mall portfolio now comprises Paragon and The Clementi Mall, which are now part of SPH Reit, as well as The Seletar Mall.
"SPH's diversification into properties is an important element in our strategy to seek out new opportunities to add to our core media business," Dr Lee added. "Faced with an evolving media environment, we believe that such selective and carefully considered diversifications will contribute significantly to SPH."
Kajima Development is the property development arm of Singapore-based Kajima Overseas Asia, which in turn is the South-east Asia arm of Japan's Kajima Corporation, whose businesses include construction, property development, engineering and design. The groundbreaking was attended by Japan's ambassador to Singapore Kenji Shinoda.
The Japanese developer has undertaken real estate projects in seven countries in this region. In Singapore, it has developed Regent Singapore and Millennia Singapore, and luxury residences such as Sui Generis and Bishopsgate Residences.
Keisuke Koshijima, senior managing officer of Kajima Corporation, said the group has established local subsidiaries in each region, tailoring them to specific conditions in regional markets to deliver quality projects.
"Having our own platform that encompasses every aspect of the development process is a major competitive advantage that increases the opportunities available to us through partners and networks," he added.
The Woodleigh Residences & The Woodleigh Mall is scheduled to complete in the second half of 2022.
As part of the integrated project, Kajima and SPH will work with the People's Association and the Singapore Police Force respectively to build a 6,000 sq m Community Club and a 2,200 sq m Neighbourhood Police Centre.
缪睿心
发展商的预期
$2000psf一定大家接受不了的。就像去年park place residences开盘价格很多人抽到都不要觉得发展商疯了。其实D19的game changer是东北线紫线。这是一条全地下的地铁线,站和站之间距离相对短。这是发展商拿地铁站旁的地皮最喜欢的因素。未来所有朝向的单位基本上不是无阻挡就是全湖景。这一点是queenstown,redhill没有办法做到的。最重要的是这是一个综合项目直接商场,underground bus interchange, community centre and mrt. 当然对面的国际学校和比达达利的市镇中心也是加分的。其实大家仔细想想盖在地铁上的综合项目好像除了ION没有一个和这块地一样的。不是MRT在上面跑的就是商场不是一个full fledge shopping mall.盛港,榜鹅算是可是位置又差了点。
五月实龙岗花园附近的the garden residences会开盘。六月二十一号万国地铁站的综合项目的投标结果会出来。SPH会根据这两个项目才来真正定价。
个人的理解写出来跟大家分享分享。有不同看法的可以提出来讨论讨论。