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3 New Land Sites in Ewe Boon Road,
Bukit Timah Road Sold f
or
Upcoming New Condo Developments
En-Bloc of Crystal Towers,
Royal Ville and City Towers

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PROJECT DETAILS

 
 

Three land parcel sites at Bukit Timah Road, located at the Central Region of Singapore, were sold for New and Upcoming Condo developments under Collective Sales. They are the former sites of Crystal Towers, City Towers and Royal Ville, in the 4th quarter and 1st quarter of 2017 and 2018.


 

New Condo at Bukit Timah Road- Connectivity
New and upcoming condo at Bukit Timah Road is about 900 m from Newton (NS21) North South Line Train which is 1 stop away from Orchard Prime Shopping District and 4 stops away Raffles Place. New Condo at Bukit Timah Road is also just 3 train stations away from Dhoby Ghaut MRT Interchange where its future residents can make use of the Circle Line Service and North East Line Service available there. The Stevens Downtown Line Station which is 700 m away which allows easier commuting for future residents to various parts of the island. For drivers, Orchard is just 4 minutes’ drive away while it takes 7 minutes to get to Shenton Way from new condo. New Condo at Bukit Timah Road is also easily connected to the Central Expressway (CTE) and the Pan Island Expressway (PIE).

 

New Condo at Bukit Timah Road- Education
New Condo at Bukit Timah Road is close to reputable schools such as Anglo-Chinese Primary School, Singapore Chinese Girls’ School, St. Joseph’s Institution, Anglo-Chinese Junior School and Raffles Girls’ Secondary School and Anglo-Chinese School (Barker Road). There are also 8 international schools that are within 2 km from New Condo at Bukit Timah Road, namely Chinese International School, Korean Church Kindergarten, Italian Supplementary School, ISS International School (Elementary), Chatsworth International School (Orchard Campus), Overseas Family School, Finnish Supplementary School and Swedish Supplementary School. With these international education facilities nearby New Condo at Bukit Timah Road will be appealing to expat families living in Singapore.

 

New Condo at Bukit Timah Road- Amenities
For retail and dining options, there are numerous shops and F&B outlets that are located at Orchard that are just minutes away. New Condo at Bukit Timah Road can also indulge in local delights at the famous Newton Food Centre or Adam Road Food Centre that is just within a short drive. These 2 food centres host a number of cooked food stalls which offers future residents at New Condo at Bukit Timah Road a wide variety to choose from.

 

New Condo at Bukit Timah Road is surrounded by prestigious clubs such as The Pines Club, Tanglin Club, Raffles Town Club, The American Club and Singapore Polo Club. Its future residents can also relax by taking a short stroll or having a jog at the Singapore Botanic Gardens which is less than 1.5 km away. For those who like golf, the Tanglin Golf Course is just a short drive away.

 

The sites in the location of Bukit Timah Road are located in Central Region of Singapore, with good connectivity, proximity to good schools and lush greenery views around them make both excellent choice for both own-stay and investments.


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Project  Ewe Boon Road New Condo- One (Former site of Crystal Towers)
Developer  AllGreen Properties
Location  Ewe Boon Road
District  10
Tenure
Site Area
GFA:
Plot Ratio
Expected TOP:
Total Units  residential apartments
Total Carpark
Development  Private condominiums comprising of communal facilities
Unit Type:
Architect
Eligibility SC, SPR and Foreigners can buy
 
 
Project  Buit Timah Road New Condo (Former site of Royal Ville)- Two
Developer  AllGreen Properties
Location  Bukit Timah Road
District  10
Tenure  Freehold
Site Area
GFA:
Plot Ratio
Expected TOP:
Total Units
Total Carpark
Development  Private condominiums comprising of communal facilities
Unit Type:
Architect
Eligibility SC, SPR and Foreigners can buy
 
Project  Bukit Timah New Condo (former site of City Towers)- Three
Developer
Location  Buit Timah Road
District  10
Tenure
Site Area
GFA:
Plot Ratio
Expected TOP:
Total Units  residential apartments
Total Carpark
Development  Private condominiums comprising of communal facilities
Unit Type:
Architect
Eligibility SC, SPR and Foreigners can buy

LOCATION MAP and AMENITIES

Amenities Near New Condo at Bukit Timah Road

Category Important Amenities Near New Condo at Bukit Timah Road Approximate Distance
Train Stations Stevens MRT (DT10/TS11) Downtown Line Due 2015, Thomson Line Due 2021
Newton (NS21)
0.7km
0.9km
Bus Stop City Towers (Bus: 48, 66, 67, 170, 171, 700, 700A, 960)
Opp Swiss Cottage Primary (Bus: 48, 66, 67, 170, 171, 700, 700A, 960)
Raffles Girls’ School (Bus: NR2, NR3, 105, 132, 190)
0.3km
0.4km
0.4km
Supermarkets Cold Storage
Jasons
NTUC
0.6km
1.0km
1.6km
Shopping Malls Balmoral Plaza
Orchard Towers
DFS Galleria Scottswalk
Far East Plaza
Pacific Plaza
Tanglin Shopping Centre
Forum The Shopping Mall
Shaw House
Scotts Square
Wheelock
ION Orchard
0.5km
1.0km
1.0km
1.0km
1.1km
1.2km
1.2km
1.2km
1.2km
1.3km
1.3km
Education Institutions Preschool
Barker Road Methodist Church Kindergarten
Far Eastern Kindergarten
Gracefields Kindergarten
Little Woods Montessori Pre-School
Newton Kindergarten
Montessori For Children
GUG Kindergarten
Thomson Road Baptist Kindergarten
Derbyshire Kindergarten
Christ Church Kindergarten
0.5km
0.8km
0.8km
0.9km
1.1km
1.2km
1.4km
1.6km
1.7km
2.0km
Primary
Anglo-Chinese Primary
Singapore Chinese Girls’
St. Joseph’s Institution
Anglo-Chinese Junior
Balestier Hill
0.6km
0.6km
0.8km
1.4km
1.8km
Secondary
Raffles Girls’
Singapore Chinese Girls’
Anglo-Chinese (Barker)
St. Joseph’s Institution
Balestier Hill
0.5km
0.6km
0.7km
0.8km
1.8km
Junior College
Catholic JC 1.1km
Tertiary
NUS Faculty of Law (Bukit Timah Campus) 1.4km
International
Chinese International School
Korean Church Kindergarten
Italian Supplementary School
ISS International School (Elementary)
Chatsworth International
Overseas Family School
Finnish Supplementary School
Swedish Supplementary School
0.5km
0.7km
1.4km
1.6km
1.7km
1.7km
1.7km
1.9km
Food Centre Newton Food Centre
Adam Road Food Centre
1.1km
2.0km
Lifestyle The Pines Club
Tanglin Club
Raffles Town Club
The American Club
Singapore Polo Club
The French Chamber of Commerce in Singapore
Singapore Botanic Gardens
National Orchid Garden
Tanglin Golf Course Country Club
Celebrities Resort Club
0.3km
0.7km
0.9km
0.9km
1.0km
1.2km
1.7km
1.7km
1.7km
1.9km

FACILITIES SITE PLAN and FLOOR PLANS E-BROCHURE

The Facilities and Site Plan of the 3 New Condos in Ewe Boon Road and Bukit Timah Road are currently seeking approval from relevant authorities.

If you would like to be updated on first hand information for these upcoming Condos in Ewe Boon Road.
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AVAILABLE UNITS/ SOLD/ CHEAPEST PRICES PSF

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PRICE TRENDS FOR DEVELOPMENTS

ALLGREEN PROPERTIES WON TOP BID FOR CONDO SITE AT ROYALVILLE FOR REDEVELOPMENT

1) Royalville was sold for S$477.94 million to Sky Top Investments, an entity of Allgreen Properties, surpassing the asking price of S$368 million.

The sale price translates to about S$1,960 per square foot per plot ratio, said marketing agent Edmund Tie and Company on Friday (Dec 1).

This means that each Royalville apartment owner will receive between S$3.09 million and S$3.76 million, while a maisonette owner will get between S$5.42 million and S$6.64 million. 

Shop owners are expected to receive S$5.67 million to S$10.38 million.

Located near Sixth Avenue MRT station and with a land area of 16,181.5 sq m, Royalville has 55 apartments, 38 maisonettes and 11 shops.

Under Singapore's Master Plan 2014, the site is zoned for residential use with a gross plot ratio of 1.4. The sprawling grounds allow the developer to build a condominium with up to 323 residential units as well as facilities.

The tender attracted nine bids from local and foreign developers.

ALLGREEN WON TOP BID FOR LAND PARCEL SITE IN CRYSTAL TOWERS

2) Located in the Bukit Timah area, near Balmoral Road, freehold residential development Crystal Tower was sold for $180.65 million to Allgreen Properties after receiving 12 bids.

Its sale price reflects a land rate of S$1,840 per square foot per plot ratio.

Located at Ewe Boon Road, the residential development has 28 apartment units and a land area of about 5,619 sq m. 

Based on the sale price, each apartment owner is expected to receive gross sale proceeds of between S$6 million and S$6.6 million, while the penthouse owner will receive about S$12.3 million.

The site is zoned for residential use at a gross plot ratio of 1.6 under Master Plan 2014.

It can be redeveloped into a condominium project of about 130 units up to its existing gross floor area of 9,121.17 sq m with no development charge, said Edmund Tie and Company.

WON TOP BID FOR LAND PARCEL SITE IN CITY TOWERS

3) SINGAPORE — City Towers became the latest development to be successfully sold on the red hot en bloc market, fetching about S$401.9 million — or more than 13 per cent higher than the owners’ asking price.

The sale price works out to about S$1,847 per square foot per plot ratio (psf ppr), after factoring in a development charge of S$3.5 million, said marketing agent Colliers International on Wednesday (Feb 7).

City Towers, a 17-storey freehold development along Bukit Timah Road, launched its collective sale tender on Jan 4. In total, seven bids were received. Colliers International did not disclose the name of the buyer.

Last November, the nearby Crystal Tower — which is located at Ewe Boon Road — was sold for about S$180.7 million, which was more than 30 per cent above its asking price and translated to S$1,840 psf ppr.

Colliers International managing director Tang Wei Leng said: “Despite several competing collective sale tenders in District 10, City Towers still attracted strong interest from developers.”

She added that the site will “provide a good opportunity for the successful bidder to take advantage of opportunities in a residential market that is on the cusp of a sustained recovery”.

City Towers has a land area of about 104,531 sq ft. Subject to relevant approvals from the authorities, the site can potentially be redeveloped to a 24-storey residential block offering about 190 new units – at an average size of 1,098 sq ft, Colliers International said.

City Towers comprises 77 units. Depending on the size of their property, each residential owner stands to receive between S$2.78 million and S$11.5 million from the en bloc sale.

Singapore’s collective sales fever shows no signs of abating with City Towers being the latest development to be successfully sold en bloc, reported the Business Times.

Launched on 4 January, the collective sale tender for the freehold development attracted seven competitive bids when it closed on 7 February. It was sold for $401.9 million to an undisclosed buyer, or 13 percent higher than the owners’ reserve price.

Marketing agent Colliers International revealed that the sale price translates to a land rate of around $1,847 psf per plot ratio (psf ppr), after factoring in the $3.5 million development charge.

Located along Bukit Timah Road, City Towers has a land area of about 104,532 sq ft and a proposed gross floor area of around 219,516 sq ft. It is zoned for residential use under the 2014 Master Plan with a gross plot ratio of 2.1.

The development currently features 77 units of apartments and maisonettes, a shop unit and a penthouse. Each residential owner stands to gain between $2.78 million to $11.5 million from the sale, depending on the size of their units.

“Despite several competing collective sale tenders in District 10, City Towers still attracted strong interest from developers, owing to its prime location near renowned schools, a wide range of amenities and the Newton and Stevens MRT stations. The site will provide a good opportunity for the successful bidder to take advantage of opportunities in a residential market that is on the cusp of a sustained recovery,” said Colliers International managing director Tang Wei Leng.

The site can be redeveloped into a 24-storey residential tower comprising about 190 units measuring 1,098 sq ft on average, subject to the relevant authorities’ approval.

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