Ridgewood Condo, the 999-year property has 464 units and is located in District 10, along Mount Sinai Drive.

It will hold an extraordinary general meeting on Oct 14 to consider setting up a collective sale committee, according to a letter dated Sept 18 sent by the management council to subsidiary proprietors and first mortgagees. The condominium was built in 1981.

If the property is sold en bloc, some owners could net about $2 million each, while those who own one of the property's approximately 34 two-storey townhouses - which range from 1,800 to 2,000 sq ft - could receive $3 million to $4 million each, according to an estimate by Mr Ku Swee Yong, chief executive of International Property Advisor.

A typical four-bedroom unit at Ridgewood is about 1,200 sq ft, with some units exceeding 1,500 sq ft, said Mr Ku.

Mr Vimal Harnal, the chairman of Ridgewood's management council, told The New Paper yesterday: "The timing was right as some other (collective) sales had taken place.

New and Upcoming Condo at Ridgewood is approximately 1 km away from Dover MRT Station which operates the East West Line. Its future residents can take 1 station west towards Clementi MRT Station which they can access to the many bus services available at the Clementi Bus Interchange at Clementi Town Centre. Alternatively, its future residents can also take 1 station towards east to Buona Vista MRT Interchange where they are able to transit to the Circle Line provide a conduit of convenience in terms of commuting to and fro the various parts of the island. New Condo at Ridgewood can be easily accessed to via the Ayer Rajah Expressway (AYE). It only takes approximately 12 minutes for drivers to get to the Central Business District (CBD). To drive down to Orchard Shopping Area, it will need to take around 9 minutes’ of driving.

For families with school going children, New Condo at Ridgewood  is an ideal residence for them as it is close to many local renowned education institutions which provide them with lifetime education ranging from early childhood education centres to tertiary level. New Condo at Ridgewood is just short distances from Henry Park Primary School, Raffles Girls’ Primary School, Methodist Girls’ School (Primary), Pei Tong Primary School, Fairfield Methodist School (Primary), School Of Science And Technology, Singapore, New Town Secondary School, Methodist Girls’ School (Secondary), Anglo Chinese School (Independent), Fairfield Methodist School (Secondary), Anglo Chinese Junior College and also the Singapore Polytechnic. New Condo at Ridgewood is also be popular with expatriate families as it is close proximity to Nexus International School Singapore, Dover Court Preparatory School and United World College of South East Asia (Dover Campus).

Future residents of New and Upcoming Condo at Ridgewood can also get their indulgences for cheap and delicious local food and their fresh daily produce at the nearby markets and food centres. The Ghim Moh Road Block 20 Market And Food Centre, the Holland Village Market And Food Centre, the Holland Drive Block 44 Market And Food Centre, the Clementi Avenue 2 Block 353 Market And Food Centre and the Dover Road Block 33 Market And Food Centre are all less than 2 km away from Parksuites. As for high end dining, shopping and leisure facilities, future residents of New Condo at Ridgewood will be able to find them all at the nearby malls such as Jelita Shopping Centre, The Star Vista, Rochester Mall and also Holland Village.

Recreational facilities such as Henry Park, Mount Sinai Plain Playground, Grove Lane Playground, Holland Grove View Fitness Corner, Greenleaf View Park Playground, Sixth Avenue Playground , Holland Green Playground, Clementi Crescent Playground, Holland Village Park, Coronation Park Playground, Namly Park, Archery Club, One-north Park and Sunset Heights Open Space are just short drives away from New Condo at Ridgewood, offering its future residents lush greenery and tons of leisure activities to choose from.