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PR Newswire
27-02-2016, 04:17 PM
Sturdee Residences is a brand new city fringe development located at the intersection of Sturdee road and Beatty Road, District 08. This rare plot of land has a size of 65,784 square feet that can potentially accommodate 305 luxurious residential units. Beating analyst expectations, there are a whopping 16 developers who submitted their bids that saw SL Capital (1) Pte Ltd coming up with the highest bid of $181.2 million as winner. Translating to a land price of $787 per square foot per plot ratio(psf ppr), Sturdee Residences psf is expected to be between $1260-$1310 to break-even.
The Jalan Besar Condo will be standing at 30 storeys tall comprising of only about 300 odd units. With its generous land size, it may well be considered a mid to low density development in the city fringe. The Sturdee Residences TOP date is expected to be around end of year 2019, this will be a perfect timing as residents will be in time to enjoy the convenience from Bendemeer MRT(expected completion year 2017), ARC 380(expected completion year 2018) and The Citron(expected completion year 2019).
Sturdee Residences developer SL Capital (1) Pte Ltd is a subsidiary of Sustained Land Pte Ltd with over 10 years of experience in Real estate management and development. Sighting the current market condition, we forecast Sturdee Residences price should be from $6xxK for a one-bedroom unit, making it favorable for buyers to enter the market now!
Sturdee Residences Floor Plan available too!
The Jalan Besar Condo will be standing at 30 storeys tall comprising of only about 300 odd units. With its generous land size, it may well be considered a mid to low density development in the city fringe. The Sturdee Residences TOP date is expected to be around end of year 2019, this will be a perfect timing as residents will be in time to enjoy the convenience from Bendemeer MRT(expected completion year 2017), ARC 380(expected completion year 2018) and The Citron(expected completion year 2019).
Sturdee Residences developer SL Capital (1) Pte Ltd is a subsidiary of Sustained Land Pte Ltd with over 10 years of experience in Real estate management and development. Sighting the current market condition, we forecast Sturdee Residences price should be from $6xxK for a one-bedroom unit, making it favorable for buyers to enter the market now!
Sturdee Residences Floor Plan available too!