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2 New Land Sites,
next to Woodleigh MRT Station,
Sold for Condo- Park Colonial and
Mixed Development

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More Information and Updates!!

PROJECT DETAILS

 
 

The Housing and Development Board (HDB) has sold 2 sites, mainly a condo site and a mixed development site in Woodleigh Lane and Upper Serangoon Road as part of Government Land Sales (GLS), in 2nd and 3rd quarter of 2017.


The land parcel along Upper Serangoon Road, bounded by Woodleigh Link, a new road, Bidadari Park Drive and Upper Aljunied Road, located at the Rest of Central Region, North- East of Singapore. It is listed under the confirmed list of sites and is to be developed into a Mixed development. It has a site area of 274,479 square feet and will house approximately 825 residential apartments with 161,460 square feet of commercial space.


The other parcel is bounded by Woodleigh Lane and Youngberg Terrace. It is listed under the confirmed list of sites and is to be developed into condominium. It has a site area of 210,403 square feet and will house approximately 735 residential apartments.


New and Upcoming condo at Upper Aljunied Road is located in the new satellite town of Bidadari. It will be next to the upcoming Alkaff Courtview, a HDB estate. Future residents of New Condo in Upper Aljunied Road will also be able to enjoy great greenery view as it will overlook the future Alkaff Lake.


New condo in Upper Aljunied Road is nearby to other mixed commercial developments and they include The Venue Residences and Shoppes and Poiz Residences, which are 1 MRT Station away at Potong Pasir MRT Station. Other residential developments in the vicinity inlcude The Quinn, The Maisons, Blossoms @ Woodleigh, 8 @ Woodleigh, Nin Residences, Sant Ritz, Sennett Residences, Woodsville, 18 Woodsville and Woodsville Mansion.


New Developments in Bidadari New Town- Upper Aljunied Road- Connectivity
Future residents of New Condo in Upper Aljunied Road will have great accessibility as it is standing next to Woodleigh MRT Station, operating the North-East Line. It will take 9 minutes’ train ride to the Dhoby Ghaut MRT Interchange and 13 minutes’ train ride to Chinatown MRT Interchange. 1 station away is Serangoon MRT Interchange wherre residents can transit to the Circle Line. Future residents will also be able to transit to Downtown Line at the Little India Station which is just 4 train stations away.


For drivers, it will take approximately 6 minutes drive to Orchard Shopping Belt and 9 minutes away from the Central Business District (CBD), City Centre via Central Expressway (CTE) which has easy conduit to the Pan Island Expressway (PIE), Kallang Expressway (KPE) and Tampines Expressway (TPE) which makes driving convenience to any parts of the Singapore a breeze.


New Developments in Bidadari New Town- Upper Aljunied Road- Amenities
With the convenience of having a commercial space right at the doorsteps of their homes, future residents of New Condo at Upper Aljunied Road will have ease finding amenities for fulfilling their dining, shopping and also entertainment needs. Besides that, future residents can also take a short train right to Potong Pasir MRT Station when the upcoming The Poiz Centre and the Venue Shoppes is located. Alternatively, they could also travel to Serangoon MRT Station, where one of the biggest shopping centre in the North East Region, The Nex Mall is located.


New Developments in Bidadari New Town- Upper Aljunied Road- Education
School that are within New Condo at Upper Aljunied Road vicinity include Cedar Primary School, Maris Stella High School (Primary), Yangzheng Primary School, St Andrew’s Junior School, St. Gabriel’s Primary School, First Toa Payoh Primary School, Pei Chun Public School, Cedar Girls’ Secondary School, Maris Stella High School (Secondary), St. Gabriel’s Secondary School, St. Andrew’s Secondary School, Zhonghua Secondary School, Bartley Secondary School and CHIJ Katong Convent.


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Project  Woodleigh Lane New Condo
Developer  CEL Unique Development
Location  Woodleigh Lane, Bidadari New Estate
District  13
Tenure  99 years lease
Site Area  19,547 square metres/ 210,403 square feet
GFA:  58,641 square metres/ 631,211 square feet
Plot Ratio  3.5
Expected TOP:
Total Units  Approximately 735 residential apartments
Total Carpark
Development  Condo comprising of communal facilities
Unit Type:
Architect
Eligibility SC/ SC, SC/SPR and Foreigner can buy
 
 
Project  Condo in Mixed-Use Development in Upper Serangoon Road
Developer  Elara 1 and Callisto 1 (SPH Holdings and Kajima Development)
Location  Upper Serangoon Road, Bidadari New Estate
District  13
Tenure  99 years lease
Site Area  10,097.1 square metres/ 108,685.1 square feet
GFA:  30,292 square metres/ 326,063 square feet
Plot Ratio  3.5
Expected TOP:
Total Units  Approximately 825 residential apartments
Total Carpark
Development  Residential apartments with Commercial at 1st storey
Unit Type:
Architect
Eligibility SC/ SC, SC/SPR and Foreigner can buy

LOCATION MAP and AMENITIES

Upper serangoon Mixed used site

 

Woodleigh Lane New Condo

Amenities Near New Developments at Woodleigh

Category Important Amenities Near New Developments in Woodleigh Approximate Distance
Train Stations Woodleigh (NE11) 0.1km
Bus Stop Woodleigh Stn (Bus: 147, 107, 107M, 133, 13, 853, 853C, NR6)
Woodleigh Stn (Bus: 13, 853, 853C, 133, 107, 107M, 147)
0.1km
0.1km
Supermarkets Fairprice (Potong Pasir Community Centre)
Prime (Joo Seng)
Cold Storage (NEX)
Giant (Kim Keat Ave)
0.9km
0.9km
1.2km
1.8km
Shopping Malls The Poiz Centre (U/C)
Nex
Macpherson Mall (M2)
The Venue Shoppes
1.0km
1.2km
1.2km
1.2km
Education Institutions Preschool
Calvary Baptist Kindergarten
Lumiere Montessori House
PCF Geylang Serai Blk 14
PCF Potong Pasir Blk 143
Ramakrishna Mission Sarada Kindergarten
The Ascension Kindergarten
Bethany Kindergarten
Bethesda (Bukit Arang) Kindergartens
PCF Braddell Heights Blk 417
CS Montessori Kindergarten @ Serangoon
0.8km
0.9km
1.0km
1.0km
1.0km
1.2km
1.2km
1.2km
1.2km
1.2km
Primary
Cedar Primary School
Maris Stella High School (Primary)
Yangzheng Primary School
St Andrew’s Junior School
St. Gabriel’s Primary School
First Toa Payoh Primary School
Pei Chun Public School
0.6km
0.7km
1.1km
1.2km
1.5km
1.8km
1.8km
Secondary
Cedar Girls’ Secondary School
Maris Stella High School (Secondary)
St. Gabriel’s Secondary School
St. Andrew’s Secondary School
Zhonghua Secondary School
Bartley Secondary School
CHIJ Katong Convent
0.6km
0.7km
0.9km
1.1km
1.1km
1.2km
1.6km
Junior College
St. Andrew’s Junior College
Nanyang Junior College
1.1km
1.2km
Tertiary
Curtin University Singapore 2.4km
International
Stamford American International School
Australian International School
0.4km
1.9km
Food Centre Joo Seng Food Place
Kim Keat Palm Market & Food Centre
Kim Keat Palm Market & Food Centre
Geylang Bahru Block 69 Market And Food Centre
Lorong 8 Toa Payoh Block 210 Market And Food Centre
1.1km
1.5km
1.7km
2.0km
2.0km
Lifestyle Pub Recreation Club
Volkswagen Golf Range
0.6km
1.5km

FACILITIES SITE PLAN and FLOOR PLANS E-BROCHURE

Both the Facilities and Site Plan of New Condo in Woodleigh and New Mixed-use Development are currently seeking approval from relevant authorities.

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PRICE TRENDS FOR DEVELOPMENTS

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".

2 NEW LAND SITES SOLD FOR CONDO AND MIXED-USE DEVELOPMENT IN WOODLEIGH, NEW BIDADARI ESTATE

1) First mixed commercial and residential Bidadari site awarded to SPH and Kajima Developments

Mixed-use Development launching in Bidadari New Town- Click HERE for More Information

ENTITIES linked to Singapore Press Holdings (SPH) and Kajima Development have placed the top bid at a state tender for a 99-year-leasehold mixed commercial and residential site in Bidadari Estate.

They have offered S$1.132 billion, which works out to S$1,181 per square foot per plot ratio.

The second highest bidder was a tie-up between Far East Civil Engineering and Sekisui House, which offered about S$1.12 billion for the site. Other bidders included GuocoLand, Kingsford, Sim Lian, Nanshan Group Singapore, City Developments and Chip Eng Seng.

In all, the tender received 12 bids

Mixed development Upper Serangoon Road

The site can yield about 825 private homes and up to 15,000 square metres of shops and restaurant uses.

2) Woodleigh site exceeds expectations with S$700.7m top bid

New Condo launching in Woodleigh Lane- Click HERE for More Information

Top bid of S$1,110 psf ppr expected to lead to sale price of about S$1,800 psf

A RESIDENTIAL site at Woodleigh Lane near Bidadari housing estate is the latest to draw aggressive bidding.

This time, 15 bidders took part, with CEL Unique Development, a joint venture between Chip Eng Seng, Heeton and KSH, putting in the highest bid of S$700.7 million, which translates to about S$1,110 per square foot per plot ratio (psf ppr).

Keen competition was evident, with a tight margin of 0.8 per cent between the first and second bids. The top four bids were also all neck-and-neck with a tight 3.6 per cent margin. A total of five bids came in at above S$1,000 psf ppr.

Analysts say the tender price works out to a breakeven price of S$1,500-1,600 psf, and an eventual sale price of about S$1,800 psf.

Currently, units at nearby new developments are selling at far below that. Poiz Residences and Forest Woods were both transacting at a median price of just under S$1,400 psf in May this year.

A year ago, a psf ppr price figure of above S$1,000 would have caused jaws to drop, but this is gradually becoming a norm in recent tenders.

Woodleigh Lane Condo tenders

In June, Singapore Press Holdings and Kajima Development put in a top bid that translated to S$1,181 psf ppr for a mixed-use Bidadari site.

In May, Hong Kong's Logan Property and Chinese developer Nanshan Group put in a bid that works out to S$1,050 psf ppr for a Stirling Road plot. Both this and SPH's bid carried a total quantum above S$1 billion.

Listed Chip Eng Seng and KSH said in disclosures that they plan to build a condominium comprising 16-storey residential blocks on the Woodleigh site, with a total of over 800 units.

Corson and Wingjoy Investment, units of Keppel Land and Wing Tai respectively, put in the second highest bid of S$695 million, or about S$1,101 psf ppr.

City Developments' Verwood Holdings paired up with Logan Property to put in the third highest bid of S$688.1 million, or about S$1,090 psf ppr.

Desmond Sim, head of CBRE Research, Singapore and South East Asia, called the results "unsurprising", as the site had been identified as a high-profile one from the start, being located right beside Woodleigh MRT station and within the up-and-coming Bidadari precinct.

Besides, market sentiment has been picking up for some time now, and developers have been keen to restock their land bank with key development sites in order to keep their businesses running, he said.

Ong Teck Hui, national director for research and consultancy at JLL, said: "The bidding war for residential sites has escalated further in this tender, driven by bidders' determination to secure this attractive site in a market that is potentially recovering."

Indeed, many analysts are anticipating a bottoming-out of the market at the end of this year, and for residential prices to appreciate again starting 2018.

Christine Li, director of research at Cushman & Wakefield added that the tender results show that when a choice city-fringe site is up for sale, there will be no shortage of interest.

Asked if the current land bidding behaviour will undo the effects of property cooling measures, Mr Sim from CBRE said it is difficult for the government to gauge the amount of state land to release for sale, because if it were to attempt to do so, it could easily tip the balance over and create an oversupply situation - a repeat of what happened in 2012.

"One factor that could keeps the property market in check is the resale market. If the resale market finds it hard to match its prices with those in the new home sale market, this could attract some demand going to the resale market instead in the future."

Meanwhile, aggressive bidding in land tenders has already pushed some developers into the private en bloc market.

"With the imbalance between demand for land and the number of development sites available in the government land sales programme, we will likely see more collective sales committees being formed in older estates. More developers will probably seek this avenue as an option for replenishing land banks," Mr Sim said.

At last week's Real Estate Developers' Association seminar, some industry players described the compounding effect of aggressive land bidding, saying that since there can only be one winner for a site, each tender exercise leaves a large amount of capital on the sidelines waiting to be deployed into the next land parcel, thus feeding an upward spiral.

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