Watten House Condominium Collective Sale

How did the new and beautiful Watten House Condo came about ? We have to thank the residents of the original Watten House Condo who agreed to the collective sale (otherwise known as en bloc). This is totally within the control of the residents and hence is what make private condo much more attractive than leasehold public housing. 全新美丽的 Watten House Condo 是如何诞生的?我们要感谢同意集体出售(也称为整体出售)的原瓦顿庄园公寓的居民。这完全在居民的控制范围内,因此私人公寓比租赁公共住房更具吸引力。

Watten House Condominium Collective Sale

The original Watten House Condominium

Watten House Condominium in Shelford Road was first put up for en bloc sale in July 2019 at a price of $536 million. In September, the condo was put up again for collective sale via tender with a minimum price of $500 million.

Shelford Road 的 Watten House Condominium 于 2019 年 7 月首次以 5.36 亿新币的价格整体出售。 9 月,该公寓再次通过招标方式集体出售,最低价格为 5 亿新币。

With an amazing huge area of 220,241 sq ft, the freehold elevated site is zoned residential with a gross plot ratio of 1.4 and an allowable height of up to five storeys. At that minimum price of $500 million, it is about $1,622 per sq ft per plot ratio (psf ppr), or $1,570 psf ppr after factoring in an additional 8 per cent bonus gross floor area and the corresponding development charge.

拥有惊人的 220,241 平方英尺的巨大面积,永久业权的高架地块被划为住宅区,总容积率为 1.4,允许的高度可达五层。以 5 亿新币的最低价格计算,每平方英尺的容积率 (psf ppr) 约为 1,622 新币,或者在考虑额外 8% 的额外建筑面积和相应的开发费用后,为每平方英尺 1,570 新币。

The property previously comprised of just 104 units of townhouses and the apartments was built around 1983. Hence it was about 38 years old when the enbloc was approved. That made it about right for a leasehold condo. After the enbloc, it can be redeveloped into 286 units based on the mandatory minimum average size of 100 sq m.

该物业以前仅包含 104 套联排别墅,公寓建于 1983 年左右。因此,当整体获得批准时,它已有 38 年的历史。这使它成为租赁公寓的正确选择。整块后,可根据强制最小平均面积 100 平方米重新开发为 286 个单位。

The result of the Collective Sale of Watten House Condo

Watten House Condominium in Bukit Timah goes for $550.8m in biggest residential

The newspaper said it all. It was the biggest residential collective sale at that time. The minimum price was $500 million but it closed at $550.8 million !! Watten House Condominium's $550.8 million price tag is about 10 per cent higher than the minimum price of $500 million ! At this bid price, the owners could expect to receive gross sales proceeds of between $3.1 million and $6.5 million per unit. Nice !!!

这是当时最大的住宅集体拍卖。最低价为 5 亿新币,但收盘价为 5.508 亿新币!! Watten House Condominium 5.508 亿新币的标价比 5 亿新币的最低价格高出约 10%!以这个投标价格,业主预计将获得每单位 310 万至 650 万新币的总销售收益。好的 !!!

A joint venture between UOL Group and Singapore Land Group (SingLand), two top quality developers.

has won the tender for Watten House Condominium in Bukit Timah with a $550.8 million bid.

华业集团和新加坡置地集团(SingLand)的合资企业以 5.508 亿新币的价格中标武吉知马的 Watten House Condominium。

The price translates to a land rate of $1,723 psf per plot ratio (psf ppr), including 8% bonus gross floor area and the corresponding development charge

The Shelford Road property is located in the prime residential enclave at Watten Rise, which is within 1km of two popular primary schools: Nanyang Primary School and Raffles Girls' Primary School.

As the site is located amid a predominantly low-rise, landed housing estate, the new units in the proposed development could potentially enjoy unblocked views of the surrounding greenery,

Watten House Condominium New development

Shelford Road 物业位于 Watten Rise 的主要住宅区,距离两所受欢迎的小学不到 1 公里:南洋小学和莱佛士女子小学。 由于该地块位于一个以低层为主的有地住宅区,拟议开发中的新单位可能会享有周围绿地的畅通无阻的景色,

It is also about 650m away from Tan Kah Kee MRT station. In its vicinity are Coronation Shopping Plaza, King's Arcade Shopping Centre, Crown Centre, Serene Centre, Cluny Court and Adam Road Food Centre.

. It is also right at the neighborhood of Watten Estate which is a charming little estate suitable for families and everyone else.

The developers plan to construct the luxury project with roughly 200 bigger format apartments on elevated ground.

它也是大约距陈嘉庚地铁站650m。附近有 Coronation 购物广场、King's Arcade 购物中心、Crown Centre、Serene Centre、Cluny Court 和 Adam Road Food Centre。 开发商计划在高地上建造大约 200 套较大格式公寓的豪华项目。

Here at Watten House Condo, we look forward to this new development. Contact us for more details. 我们期待着这一新的发展。


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