With an estimated area of about 14,600 sqm, the Le Quest condo features more than just private residential components. The development will also comprise a child-care and a mall facility on levels 1 and 3 respectively.
Le Quest can be found in Bukit Batok West Avenue and has. The residential part is 12 -storeys up from the 5th degree. Stores as well as a childcare centre inside the retail mall will dwell about 64,583 sqft (gross area).
The commercial and residential project brought on very good result prior to 2016 despite gloomy prospects over property cooling measures. 11 developers bid for the job in May of 2016. The winning bidder, Chinese developer Qingjian Realty, successfully offer at $301.20 million. This really is nearly equal to $635 per square foot or psf ppr (per square foot per plot ratio). With all elements featured, including construction, materials, marketing, labour costs in addition to miscellaneous costs, this mixed development’s per square foot should range from $1,250 to $1, 350 per sqft. To visualize, a one-bedroom unit that measures 450 sqft will sell for a minimum of $560,000 and a maximum $607,000.
More About Le Quest
Le Quest is the first mixed-use development in Bukit Batok West. 516 private housing units will be featured by the forthcoming development and over 6,000 square metres of commercial space. There is going to be a childcare center, supermarket, as well as various eateries to satisfy with the various palates of Bukit Batok residents.
Le Quest is likely to reinvigorate the district. We’re assured that it’ll be received by young couples and people Jurong Lake District as a portion of their investment portfolio and looking to really have a foothold in closeness to Tengah said Mr Li Jun, Managing Director of Qingjian Realty. “Homeowners who value benefit may also welcome this first development that is mixed in Bukit Batok West.”
More to be update.. Stay tune. Visit the Le Quest Official site here