PROJECT DETAILS
The Housing and Development Board (HDB) has sold a residential site in West Coast Vale as part of Government Land Sales (GLS) in the 1st quarter of 2018. This land parcel is located in the West Region of Singapore, under Clementi Planning Area, at West Coast Vale, an upcoming road that will be directly connected from West Coast Road. It is in the junction of Ayer Rajah Expressway (AYE) and Sungei Pandan. It is opposite of Pandan Garden Park Connector which links to the nearby Pandan Gardens Leisure Park. This site is listed under the confirmed list of sites and is allocated to be developed into residential development. With a land site of sqft, this site is expected to house apartment units.
CDL Developments won the top bid of $million, translating to about $per square foot per plot ratio psf ppr.
Other developments that are close to New Condo include Botannia, The Infiniti, Parc Riveria, Monterey Park Condominium, Waterfront @ Faber, The Trilinq, J Gateway, NeWest, Hundred Trees, Park West, Regent Park, Carabelle and Faber Crest.
New and upcoming condo in West Coast Vale is approximately 1.6 km to Clementi Town Centre where the Clementi MRT Station, serving the East-West Line and Clementi Bus Interchange are located. It is 1 station away from Jurong East MRT Interchange where future residents can transit to the North South Line. The Buona Vista MRT Interchange is also 2 stations away where the Circle Line is accessible to future residents. By being near to the Ayer Rajah Expressway, it allows future residents to drive down to the Central Business District (CBD), City Centre and the Marina Financial District in approximately 12 minutes. The Ayer Rajah Expressway (AYE) also link to the Central Expressway (CTE) which takes approximately 13 minutes of drive to get future residents to the Orchard Shopping Area.
There are many shopping, dining and entertainment facilities at the Clementi Mall in Clementi Town Centre, where residents can get their neccessities. Alternatively, future residents of New Condo in West Coast Vale can also travel towards West to the Jurong East Central, where many mega shopping malls are such as Jurong East Mall (JEM), Westgate, JCube, IMM Shopping Centre and Big Box. New Condo is also a short walk away from NeWest, an upcoming mixed development that is located at the former Hong Leong Garden. Upon completion, NeWest will comprise of many retail and food and beverages outlets, bringing more choices to future residents of New Condo. There are 3 food centres which are close distances in West Coast Road namely, the Teban Gardens Road Block 37A Market And Food Centre, the West Coast Drive Block 502 Market And Food Centre and also the Clementi Avenue 3 Block 448 Market and Food Centre.
For children’s education, new condo in West Coast Vale is within close proximity to education facilities such as Nan Hua Primary School, Qifa Primary School, Clementi Primary School, Pei Tong Primary School, Commonwealth Secondary School, Clementi Town Secondary School and also Tanglin Secondary School. New Condo will also be a favourite for Japanese families as it is also near to The Japanese Kindergarten and The Japanese Secondary School.
Established since 1992, China Construction (South Pacific) Development Co Pte Ltd (CCDC) is a regional subsidiary of China State Construction Engineering Corporation (CSCEC).
CCDC began its construction operations as a CIDB (Currently known as BCA) registered contractors of G4 status with a tendering limit of $ 5 million.
Over these years, CCDC has received tremendous growth with successful acquisition and completion of a significant number of construction projects. The company, which started with a staff-strength of 4, has now transformed itself from a small sub-contract firm to reckoned main contract establishment of over 700 staffs and over 4,500 skilled workers.
CCDC today, a BCA-registered contractor of A1 status, enjoys unlimited tendering capability. Some completed and prominent projects of CCDC to-date include:
• Projects – Chinese Swimming Club, Novena Medical Center, Hainan Mandarin Hotel, SAFRA Yishun Country Club.
• Projects -Cote d’Azur, Edelweiss Park Condominium, Ris Grandeur Condominium, The Warren View Condominium, Garden Vista Condominium, The Linear Condominium, Lakeholmz Condominium, Faber Crest Condominium, Bishan Point Condominium, Seletaris Condominium, Kallang Basin MUP17, Woodlands N6C5, Kallang Basin Precinct MUP14, Bedok Town Center C6.
• Institutional Projects – Republic Polytechnic New Campus, Expansion of Teaching Facilities at Nanyang Technological University, Phase 3B, Anglo Chinese School, Research Techno Plaza at Nanyang Technological University, St. Andrew Village @ Potong Pasir and Raffles Institute A&A.
• Project – Cargo Agents Building B for Civil Aviation Authority of Singapore, Enterprise One @ 1 Kaki Bukit Road, Tuas Warehouse Parcel D.
• Engineering Projects – Police Coast Guard Headquarter and Trinity Christian Center @ Paya Lebar.
CCDC takes pride in being a quality contractor with reasonably good and consistent CONQUAS scores for most of its projects. It strives for continual improvement in its operations, and is committed to maintain its competitiveness in the construction industry.
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| Project | West Coast Vale Condo |
| Developer | CDL Developments |
| Location | West Coast Vale |
| District | 05 |
| Tenure | 99 years lease |
| Site Area | square feet |
| GFA: | square feet |
| Plot Ratio | |
| Expected TOP: | |
| Total Units | Approximately residential apartments |
| Total Carpark | |
| Development | Condo comprising of communal facilities |
| Unit Type: | |
| Architect | |
| Eligibility | SC/ SC, SC/SPR and Foreigner can buy |
LOCATION and AMENITIES
Amenities Near New Condo at West Coast Vale, along West Coast Road
| Category | Important Amenities Near New Condo at West Coast Vale | Approximate Distance |
| Train Stations | Clementi (EW23) | 1.6km |
| Bus Stop | Opp The Infiniti (Bus: 97, 154, 197, 198) The Infiniti (Bus: 97 154 197 198) |
0.2km 0.2km |
| Supermarkets | Fairprice (Teban Gardens) Sheng Siong (Teban Gardens) Giant (IMM) Cold Storage (Clementi Arcade) |
1.1km 1.6km 1.6km 1.7km |
| Shopping Malls | NEWest (U/C) The Clementi Mall Big Box (U/C) CityVibe IMM Shopping Centre Clementi Arcade Jurong East Mall (JEM) Westgate JCube |
0.8km 1.5km 1.5km 1.6km 1.6km 1.7km 1.7km 1.8km 2.0km |
| Education Institutions | Preschool | |
| Galilee Kindergarten Calvary Pandan Kindergarten PCF Ayer Rajah Blk 48-41 PCF Bukit Timah Blk 319 PCF Bukit Timah Block 307 Hasanah Mosque Kindergarten Early Years Montessori Kindergarten PCF Clementi Blk 330 PCF Clementi Blk 462A The Little House (Montessori) Kindergarten |
0.7km 0.7km 1.4km 1.4km 1.5km 1.6km 1.7km 1.8km 1.8km 2.0km |
|
| Primary | ||
| Nan Hua Primary School Qifa Primary School Clementi Primary School Pei Tong Primary School |
1.0km 1.0km 1.3km 1.8km |
|
| Secondary | ||
| Commonwealth Secondary School Clementi Town Secondary School Tanglin Secondary School |
0.8km 1.2km 1.4km |
|
| Junior College | ||
| Anglo-Chinese Junior College | 4.2km | |
| Tertiary | ||
| National University of Singapore | 3.9km | |
| International | ||
| Japanese Kindergarten The Japanese Secondary School |
0.8km 1.2km |
|
| Food Centre | Teban Gardens Road Block 37A Market And Food Centre West Coast Drive Block 502 Market And Food Centre Clementi Avenue 3 Block 448 Market and Food Centre |
1.1km 1.3km 1.6km |
| Lifestyle | Avenue Sports Hub The Sports Arena Clementi Sports Hall West Coast Recreation Centre Jurong Country Club |
0.4km 0.6km 1.7km 1.8km 1.9km |
FACILITIES SITE PLAN and FLOOR PLANS E-BROCHURE
The Facilities and site plan of of new and upcoming condo in West Coast Vale are currently seeking approval from relevant authorities.
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POSSIBLE JURONG LINE TO BE CONNECT WITH CIRCLE LINE
CHINA CONSTRUCTION WON LAND SITE IN WEST COAST VALE WITH TOP BID OF S$292 MILLION
China Construction Development has put in the top bid of $292 million in a hard-fought, nine-way battle for a residential land parcel in West Coast Vale.
The bid of $592 per sq ft per plot ratio (psf ppr) was towards the upper end of expectations, said JLL national director of research and consultancy Ong Teck Hui.
He added: "It reflects optimism that the residential market will continue to improve. Private home sales in 2016 grew nearly 16 per cent over the previous year and is expected to improve further in 2017, while price declines have been moderating.
"This has led to the perception that the market is closer to the bottom and contributed to the firm bidding for the subject site."
The West Coast Vale 99-year leasehold plot was launched on Dec 7. The tender closed yesterday.
Close behind, in second spot, MCC Land tendered $289.9 million, or about $587.3 psf ppr, for the parcel with a site area of about 176,294 sq ft - close to the top end of the expected $450 psf ppr to $600 psf ppr range.
Mr Desmond Sim, head of CBRE Research for Singapore and South-east Asia, said: "The West Coast Vale plot is the last site to be sold on the Government Land Sales confirmed list for 2016 and the profiles of the bid parties reflect interest from some relatively newer developers and small-cap players who find the quantum affordable and easy to manage."
This will negate the risks for developers making their first foray into the residential market, he added.
Mr Ong said the top bid was 7.4 per cent above the $551 psf ppr paid for the adjacent Parc Riviera site as it is slightly superior, being farther from the Ayer Rajah Expressway.
The West Coast Vale site is also somewhat near the Jurong Lake District and malls like Jem.
Mr Sim said the site in West Coast Vale is in an enclave of private developments, an established area close to the park connector network along Sungei Pandan. "It requires the use of prefabricated materials which will help to keep a lid on construction costs."
Mr Ong noted that nine bidders was a good turnout for this site, which he regarded as mediocre as it is not near an MRT station.
He added: "As sales at Parc Riviera have not been brisk, with prices averaging around $1,200 psf, the subject development may have to be priced more competitively to achieve better sales progress."
Source: Straits Times 09 Feb 2017
CDL DEVELOPEMENTS WON TOP BID OF NEW LAND SITE FOR CONDO DEVELOPEMENT
Developer City Developments (CDL) was the top bidder for two of the three private housing sites at a state tender that closed yesterday.
It lodged the top bid of $212.2 million, or $1,722 per square foot per plot ratio (psf ppr), for a plot in Handy Road near Dhoby Ghaut MRT station.
The firm also bid $472.4 million, or $800 psf ppr, for a land parcel in West Coast Vale.
The third site on offer, in Chong Kuo Road in the Sembawang/Mandai area, received a top offer of $43.95 million, or $681 psf ppr, from a partnership between Lian Soon Holdings and OKP Land.
CDL said it will explore developing three residential towers - eight to 10 storeys high - with about 200 apartments and a basement carpark for the Handy Road site. It will convert a conservation building on the site into a clubhouse.
The West Coast Vale site could house two 36-storey towers. The Urban Redevelopment Authority has stipulated a maximum of 730 residential units for this plot.
The tender for the Handy Road site drew 10 bids, while the Chong Kuo Road site received eight, and the West Coast Vale plot six.
CDL's bid for the Handy Road plotwas 12.3 per cent higher than the next offer, from Sing Essential, believed to be linked to Hong Kong parties.
The bid price was also just 0.6 per cent shy of the benchmark price of $1,733 psf ppr set for the Jiak Kim Road site awarded to Frasers Centrepoint last month, noted Colliers International's head of Singapore research, Ms Tricia Song.
Ms Song estimates CDL's breakeven cost for the Handy Road project at $2,300 psf and average selling price of $2,650 psf, adding: "Nearby, the 493-unit, 99-year leasehold Sophia Hills was 95 per cent sold as of (last month), and median prices have increased to $2,127 psf (last month) from an average of $1,900 to $2,000 psf earlier."
The simultaneous tender closings appeared to have had little impact in tempering bid prices, said property consultants.
JLL national director Ong Teck Hui said: "Bidding for all three sites was bullish with top bids exceeding or at the top end of expectations.
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