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Subscribe to this list via RSS Blog posts tagged in Near LRT

Posted by on in Singapore Land Sales

A new condo yet to be name which we will call Condo @ Fernvale is expected to be built next to H2O Residences in Sengkang. The tender for this land parcel was awarded on June 14, 2013 at $533 psf which means the finished units should go for something like 2X this figure or about $1070 psf plus/minus. The location is a short walk from the Layar LRT and boasts of several schools in the vicinity such as Pei Hwa Secondary School which is within walking distance or the Nan Chiau schools which are just a short drive or bus ride away.

Buyers and investors will do well to watch or research government land sales to ascertain where the next properties will be built. Each tender execise will give location, type of land use and the winning psf from which the condo psf can be estimated.

Fernvale Condo Land

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