Real estate is any immovable property consisting of buildings, land and natural resources like minerals, water or crops. Real estate is mainly viewed as a business involving buyers and sellers of property. It is a very lucrative business that adds significant percentage a country’s economic welfare. There are so many types of real estate units but one in particular that we will be focused on is the Le Quest condominium or condo located in the heart of Bukit Batok, Singapore.
Expected TOP Date for Le Quest Mix Development
The Le Quest condo development project was initiated by the Chinese developer Qingjian Realty with a development structure spanning 5 blocks of real estate. Mr Qingjian submitted a top bid of $301.2 million for the site which was released under the Government Land Sales program. Due to high value of the bid and the fact that Le Quest is a mix development, the real estate project came under intense competition from other developers. There have been 11 bids at the moment with to top bid of $301 million just 8.3% higher than the 2nd bid for $277.98 million by Allgreen Properties. The completion date for the development is unknown at this point of time.
Even with the lowest bid of $188 million made by Sim Lain Land, the total pricing may be revised for upward pricing on the units of Le Quest condo due the fact that there are currently plans to form new HDB estates around Le Quest qingjian. In the Bukit Bakot area, there are not many developments hence this would mean a higher demand for Le quest Bukit Batok West Avenue 6. Also contributing to the high demand is the commercial units located on the 1st floor of the development.
Expected TOP Completion Date Le Quest Qingjian
The tender for Le Quest site at Bukit Bakot West Avenue 6 was closed on 24th May 2016 and various developers submitted reserved bids for the plot of land.This real estate marvel is situation on west Avenue 6 in Bukit Batok in the district 23. The site has an area of 14,696 sqm with a wide variety of layouts available for potential buyers and investors. With a tenure of 99 years and its close proximity to the Jurong East region, Le Quest Condo is ideal for rental as well as for stay.
The condo consists of 516 units, 5 blocks and a height of 16 storeys with a gross floor area of 44,091 sqm. With the different bedrooms from premium to deluxe and suite, this condo is the ideal residential development in Singapore. There are whole range of facilities that will be added to the Le quest condo. The completion and TOP Date for Le Quest will be around in 2021. These include; indoor gym, swimming pool, tennis court, children playground and BBQ area. A supermarket of at least 1000 sqm and food court of 500 sqm are some of 1st floor retail components added to the development. With the new HDB BTOs being built around the development and the commercial units in the new flats, there will be more facilities and amenities for residents of Le Quest.
TOP and Completion Date for Qingjian BBR Condo
This luxurious resort condo offers residents a serene living environment that will make your stay at Le Quest truly exquisite. The Le Quest consists from studio to 4 bedroom units yet the floor plans are subject to changes together with the completion date. The condo also has 2 facing namely; Millennia institute and Bukit Bakot West Ave 6. This condo will give the ideal place whether you come for business, stay or relaxing. Please do not hesitate to contact us should you require detailed information on the units we have available.