Register now and get the best possible deals from the developers. If you are affected by the new cooling measures and want to take advantage on them to stay invested, or lock in your profits, let us know your concern and we are glad to assist you.

Click Here To Minimize / Maximize

BIDADARI New Town

2018 New Property Launches!

A Successful En-Bloc in
Raintree Gardens

A Mixed Development launching at
Woodleigh MRT Station

A New Condo site launching at
Woodleigh Lane

Please Register HERE for

More Information and Updates!

PROJECT DETAILS

 
 

The Urban Redevelopment Authority (URA) has sold a mixed residential commercial development in Meyappa Chettiar Road, Potong Pasir as part of Government Land Sales (GLS) in the 3rd quarter of 2014. Located in Potong Pasir under Rest of Central Region of Singapore, this land site of 173,830 square feet of land is along Upper Serangoon Road and Meyappa Chettiar Road, is under the confirmed list of sites and is allocated to be developed into approximaely 685 residential apartments with 53,820 sqft of retail shops. This upcoming development is at the backdrop of the exciting future housing estate of Bidadari. 


MCC Land won the top bid of $473.8 million, translating to $775.17 per square foot per plot ratio, psf ppr. The break-even cost for the development is approximately S$1200 psf. 


This land parcel at Meyappa Chettiar Road is opposite of Nin Residence, Sennett Residence, Sant Ritz. One Leicester and Woodsville.

 

New Condo launching in 2018 at former site of Raintree Gardens

 

New Condo opposite Woodleigh MRT Station launching Soon in 2018

 

New Mixed Development next to Woodleigh MRT Station, by SPH launching

 

New Condo at Potong Pasir- Connectivity
New Potong Pasir Condo is standing next to Potong Pasir MRT Station where future residents can be served by the North- East Line. When travelling to various part of island and to downtown Singapore, residents can travel by Central Expressway (CTE), Kallang Expressway (KPE) and Pan Island Expressway (PIE) and it takes residents approximately 10 minutes to travel to Central Business District CBD and 12 minutes to Orchard Shopping Belt.

 

New Condo at Potong Pasir- Amenities
There are many market and food centre nearby Potong Pasir Condo. Future residents can choose to go Geylang Bahru Block 69 Market And Food Centre, Joo Seng Food Place, Bendemeer Road Block 29 Market And Food Centre, Lorong 7 Toa Payoh Block 22 Food Centre & Market, Upper Boon Keng Road Block 17 Market & Food Centre, Whampoa Drive Market & Food Centre, Sims Vista 49 Market And Food Centre, Lorong 4 Toa Payoh Block 74 Market And Food Centre, Lorong 5 Toa Payoh Block 75 Food Centre and Lorong 8 Toa Payoh Block 210 Market And Food Centre.


New Condo at Potong Pasir- Education
Potong Pasir Condo is close to reputable schools. St Andrew is one of the reputable school which allow your child to continue the education from Primary school to Junior College. The other school which are within the 2 km radius are Cedar Primary and Secondary, Bendemeer Primary and Secondary, Macpherson Primary, Maris Stella High (Primary and Secondary), Hong Wen, Pei Chun Public, First Toa Payoh Primary , First Toa Payoh Secondary, Bartley Secondary and Saint Gabriel’s Secondary.

 

For Pleasure of Ownership,
Please Register HERE 
and
we will contact you soonest!


 


Invest in Centre of
North Coast Innovation
and Learning Corridor



Invest in Central Region
wth high rental potential
and high demand 


 
Leverage on your assets
and banks to Grow
Your Dollars over time
More Options
  
 
Project  New Condo at Potong Pasir
Developer  MCC Land (Singapore)
Location  Meyappa Chettiar Road
District  13
Tenure 99 years lease from
Site Area  16,149 square metres /173,830 square feet
GFA:  56,522 square metres /608,408 square feet
Plot Ratio
Expected TOP:
Total Units  Approximately 685 residential units and 53,829 sqft of commercial space
Total Carpark  TBA
Development  A mixed development, residential and retail shops comprising of 
Unit Type:
Architect
Eligibility SC/ SC, SC/SPR, Foreigner can buy

LOCATION MAP and AMENITIES

Condo- Potong Pasir

Condo- Potong Pasir Location

Amenities Near New Potong Pasir Condo

Category Important Amenities Near Potong Pasir New Condo Approximate Distance
Train Stations Potong Pasir(CC12)
Geylang Bahru Downtown Line Due 2017
0.1km
1.2km
Bus Stop Potong Pasir Stn 60269 (Bus: NR6, 133, 142, 147, 853, 853C, 13, 107, 107M)
Potong Pasir Stn 60261 (Bus: NR6, 133, 142, 147, 853, 853C, 13, 107, 107M)
Upper Serangoon Rd Opp Blk 101 60261 (Bus: 133, 147, 853, 853C, NR6, 13, 107, 107M)
Potong Pasir Ave 1 Blk 101 61069 (Bus: 142)
0.1km
0.1km
0.2km
0.2km
Supermarkets Fairprice (Esso Macpherson)
Prime (Joo Seng 01)
Giant (260 Kim Keat Avenue)
Sheng Siong (108 McNair)
0.4km
1.1km
1.4km
1.5km
Shopping Malls NEX Shopping Mall
Kensington Square (U/C)
2.2km
2.2km
Education Institutions Preschool
The Ascension Kindergarten
PCF Potong Pasir Blk 143
Calvary Baptist Kindergarten
Kim Keat Christian Church Kindergarten
Elim Kindergarten
Canaan Church (SCCC) Kindergarten
PCF Kolam Ayer Blk 64
Saraswathy Kindergarten
PCF Whampoa Blk 106
PCF Geylang Serai Blk 15
0.4km
0.4km
0.6km
0.8km
1.0km
1.1km
1.2km
1.3km
1.5km
1.7km
Primary
St Andrew’s Junior School
Cedar Primary School
Bendemeer Primary School
Macpherson Primary School
Maris Stella High School (Primary)
Hong Wen School
Pei Chun Public School
First Toa Payoh Primary School
0.5km
0.9km
1.0km
1.5km
1.6km
1.7km
1.7km
1.9km
Secondary
St Andrew’s Secondary School
Cedar Girls’ Secondary School
First Toa Payoh Secondary School
Bendemeer Secondary School
Maris Stella High School (Secondary)
Bartley Secondary School
Saint Gabriel’s Secondary School
0.4km
0.7km
1.2km
1.2km
1.5km
1.8km
1.9km
Junior College
St. Andrew’s Junior College 0.7km
Tertiary
Singapore Management University 4.6km
International
Stamford American International School 0.7km
Food Centre Geylang Bahru Block 69 Market And Food Centre
Joo Seng Food Place
Bendemeer Road Block 29 Market And Food Centre
Lorong 7 Toa Payoh Block 22 Food Centre & Market
Upper Boon Keng Road Block 17 Market & Food Centre
Whampoa Drive Market & Food Centre
Sims Vista 49 Market And Food Centre
Lorong 4 Toa Payoh Block 74 Market And Food Centre
Lorong 5 Toa Payoh Block 75 Food Centre
Lorong 8 Toa Payoh Block 210 Market And Food Centre
1.0km
1.1km
1.5km
1.5km
1.7km
1.8km
1.9km
2.0km
2.0km
2.0km
Lifestyle St Wilfred Sports Complex
Volkswagen Golf Range
Pub Recreation Club
Safra Clubhouse – Toa Payoh
Toa Payoh Stadium
1.0km
1.1km
1.4km
1.7km
1.9km

FACILITIES SITE PLAN and FLOOR PLANS E-BROCHURE

The Potong Pasir Condo and Mixed development Facilities and Site plan is currently seeking approval from relevant authorities. Potong Pasir Condo with mix development is launching soon in 2015. If you would like to be updated on first hand information, Please

Register with Us
for More information!

AVAILABLE UNITS/ SOLD/ CHEAPEST PRICES PSF

Please Register with Us for first hand information for pricing and units

MODERN LOOK FOR NEW BIDADARI ESTATE

Bidadari Estate 2 

NEW BIDADARI HOMES TO SIT AMID LUSH GARDENS

Bidadari Housing Estate

Bidadari Estate is planned as a tranquil urban oasis, where residents can relax and connect with family and friends in a garden-like setting. Envisioned as “A Community in a Garden”, Bidadari Estate will feature a centrally-located 10ha Bidadari Park, which will connect to a Central Green Spine. Bidadari Park is well-connected to the residential estates through pockets of open spaces. Part of the tree-lined Upper Aljunied Road (from Upper Serangoon Road to Vernon Park) will be converted into a heritage walk for pedestrians.

Bidadari Estate will be pedestrian and cyclist friendly, with seamless connections between transport nodes, the park and commercial developments. To provide for the needs of new and existing residents, Bidadari Estate will feature a wide range of amenities including a new commercial development next to Woodleigh MRT station. A bus interchange, neighbourhood police centre and other community facilities will be located nearby. Other amenities such as places of worship and health and medical care facilities are also planned for the estate.

The upcoming housing estate will feature lush greenery and social spaces, in line with the area's vision of being "a community in a garden".

Residents in the area will be able to visit a nearby market square and walk around a scenic park and lake.

The 10ha Bidadari Park will house the new Alkaff Lake, named after the Arab family that built the Alkaff Lake Gardens in the area in 1929.

BIDADARI HOUSING ESTATE TO HAVE FIRST BUS INTERCHANGE UNDERGROUND

Bidadari integrated transport hub

The new Bidadari housing estate will be home to Singapore's first underground air-conditioned bus interchange below Housing Board flats.

The new interchange next to Woodleigh MRT station, expected to be ready by 2019, will cater to five bus services.

It will be "tucked away and hidden from the street view", sitting below a carpark and neighbourhood garden flanked by blocks of flats, according to the HDB's plans seen by The Straits Times.

Other plans to modernise Bidadari have been announced in the past couple of years for the area that was once Singapore's largest grave site. These include an underground service reservoir, a 10ha park and a lake within the park.

Bidadari Estate 1

The future Bidadari estate will lay claim to a unique feature - Singapore's first underground service reservoir built on low, instead of high, ground.

Holding enough water to fill three Olympic-size pools, the tank will be built beneath the town's planned park to save on surface space and keep the surroundings unmarred.

The land above it will be "integrated with the surrounding park amenities, hence optimising land", PUB has said, adding that high ground available for service reservoirs is "limited".

COMPARING POTOING PASIR WITH NEARBY LOCALITIES

It is worth comparing Potong Pasir with Serangoon (mainly Serangoon Central, excluding Serangoon North and Serangoon Gardens), Woodleigh and the Bendemeer/Boon Keng area (where Eight Riversuites is). 

  • Potong Pasir vs Serangoon area

 Serangoon may be further from the city centre than Potong Pasir but it is very well developed with a high-traffic mall (NEX), public housing and supporting amenities. It has a following of HDB homeowners within the vicinity and these flat owners mostly are in the mid-income brackets who have seen substantial increases in their flat prices. This is the profile that is most likely to upgrade to a private residential unit around the vicinity. There is limited land for developing private homes in the well-developed Serangoon so these HDB upgraders might be open to consider properties further out – putting owners of private homes in Potong Pasir at an advantage.

  • Potong Pasir vs Woodleigh

The Woodleigh area have seen new completions like Bloosoms@ Woodleigh and * @ Woodleigh. It is expected to further develop on a massive scale from developments in Bidadari. Given that Woodleigh will continuously experience redevelopment till at least 2025, residents in Potong Pasir can also benefit from the spillover effects just from being adjacent to it.

  • Potong Pasir vs Boon Keng area

Homes in Boon Keng can be are costlier than that of Potong Pasir, possibly going even higher than what mid-range investors and HDB upgraders can normally afford. As such, Potong Pasir is likely to be the better area that offers the best of both worlds in terms of location and price.

In term of rentals, Potong Pasir also fares equally well:

  • Compared with Serangoon (excluding Serangoon North and Gardens), prices of non-landed homes in Potong Pasir at least 8 percent higher
  • Compared with Woodleigh, prices of non-landed homes in Potong Pasir at least 6 percent higher
  • Compared with Boon Keng, prices of non-landed homes in Potong Pasir at least 3 percent lower
  • Compared with Bartley, prices of non-landed homes in Potong Pasir are at least 10 percent higher

As mentioned earlier, leasing demand is expected to be fairly buoyant here, as junior and mid-level expatriates move into the RCR to save on housing costs.

SPH and KAJIMA SUBMITS TOP BID FOR BIDADARI MIXED DEVELOPMENT GLS SITE

A consortium linked to Singapore Press Holdings (SPH) and Kajima Development has placed the highest bid in a state tender for a 99-year- leasehold mixed commercial and residential site in Bidadari estate.

It offered $1.132 billion, which works out to $1,181 per sq ft per plot ratio, for the site in Upper Serangoon Road.

The next highest bidder, a tie-up between Far East Civil Engineering and Sekisui House, put in a $1.117 billion offer for the 25,440 sq m site, which can yield about 825 private homes.

There were another 10 bids in the tender, which closed at noon yesterday.

The other bidders included GuocoLand, Kingsford, Sim Lian, Nanshan Group Singapore, Blossom Commercial Development and Chip Eng Seng.

An SPH spokesman said: "If the consortium is awarded the tender, it plans to develop a mixed-use development comprising residential condominium units and a retail mall in the upcoming Bidadari housing estate.

"We will also build a 65,000 sq ft community club, a 20,000 sq ft Neighbourhood Police Centre, a commercial bridge towards Bidadari Park and an underpass to connect to the bus interchange as part of the development."

The head of research and consultancy at JLL Singapore, Ms Tay Huey Ying, described the top bid as bullish. She highlighted how it is some 50 per cent higher than the $775 per sq ft per plot ratio paid for the nearby The Poiz Centre and The Poiz Residences mixed-use residential and commercial Government Land Sales (GLS) site in August 2014.

The number of bids, she added, showed that developers are confident in the Government's masterplan for the Bidadari estate.

That the highest bid was submitted by a local firm "should arrest some concerns that foreign players are increasingly edging out local developers in vying for development land".

Pointing out that local developers had submitted the highest bids in two-thirds of residential, and residential and commercial GLS land tenders since January last year, Ms Tay said: "In fact, we observed that local developers have been thriving well in the competition."

Ms Christine Li, research director at Cushman & Wakefield, added that "this integrated development site is also going to be the first landmark project for the popular Bidadari estate".

She said: "Despite the potential competition from the adjacent residential site in Woodleigh Lane, which will close its tender next month, developers are particularly optimistic about the prospect of this integrated development, as four out of 12 parties went above the $1 billion mark."

According to Cushman & Wakefield Research, over the past 10 years, there have been an average of 6.7 bidders per land tender for large GLS sites above $1 billion.

The head of research and consultancy at ZACD Group, Mr Nicholas Mak, said: "The aggressive bids submitted in the latest tender will greatly influence the tender for another GLS site in Bidadari that is located across Upper Serangoon Road."

WOODLEIGH PRIVATE CONDO GLS SITE GETS s$700.7 MILLION TOP BID

SINGAPORE — A private housing land parcel at Woodleigh Lane has attracted a top bid of more than S$700 million in a hotly contested tender under the Government Land Sales (GLS) programme.

The 99-year-leasehold site next to the Woodleigh MRT station sits on 210,402 sq ft with a maximum allowable gross floor area of 631,206 sq ft that can be developed into about 735 homes, the Urban Redevelopment Authority (URA) said.

The tender, which closed on Tuesday (July 11), drew a total of 15 bids, with CEL Unique Development, a unit of mainboard-listed builder Chip Eng Seng, submitting the highest bid of S$700.7 million, URA data showed.

That narrowly beat the second-highest joint bid of S$695 million from Corson and Wingjoy Investment, and the third-highest joint bid of S$688.1 million from Verwood Holdings and Logan Property.

The top bid translated into S$1,110.10 per sq ft per plot ratio (psfppr), with the top five bids in the tender exceeding S$1,000 psfppr, underlining the keen competition for the plot.

“The stiff competition from developers is also reflected in the top bid. Even though this is not a mixed-use site which typically commands a premium, the top bidder seems to be taking the cue from the winning bid of the Upper Serangoon Road site which was already above market expectation,” said Ms Christine Li, director of research at property firm Cushman & Wakefield.

In June, a mixed commercial and residential GLS site along Upper Serangoon Road drew a winning bid of S$1.132 billion from Singapore Press Holdings (SPH) and Kajima Development, translating into S$1,181.07 psfppr.

The top bid submitted in the latest tender means the developer will have to price the property close to the future selling price of units built on the Upper Serangoon Road site — in the S$1,700 to S$1,800 psf range, Ms Li said.

Source: Today On Line

UOL-UIC JOINT VENTURE BUYS FORMER HUDC ESTATE RAINTREE GARDENS AT POTONG PASIR AVENUE 1 THROUGH EN BLOC SALES

PROPERTY developer UOL Group said associate company UVD (Projects) Pte Ltd has bought the Raintree Gardens residential development at Potong Pasir Avenue 1 for S$334.2 million after an en-bloc tender.

The site had been launched for collective sale in September. Raintree Gardens, a former HUDC estate, was built in the late 1980s.

The purchase will be funded by bank borrowings and internal resources, UOL said. "The acquisition is in the ordinary course of the group's business, and would enable the group to replenish its land bank for residential development in Singapore."

UVD (Projects) is a joint venture by UOL subsidiary UOL Venture Investments and Singland Homes, a subsidiary of developer UIC.

CONTACT US

You are only one-step away from owning a unit in New Condo in Potong Pasir

Thank you for Your interest in New Condo at Potong Pasir

Be among the first to view and book New Condo at Potong Pasir Avenue 1, a new life-style living condominium near City Centre, at the lowest pre-launch price

Enjoy attractive prices before the official public launch. Be the first to secure your choice unit

  • Latest updates on the development
  • Priority unit choice and selection
  • Enjoy early-bird VVIP Discounts
  • Direct Developer price
  • No Commission payable

Register for a copy of New Condo at Potong Pasir Floor plans, E-Brochure, Pricing and Latest Updates when available!

vvip-preview

What is 3 + 2 :