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Whistler Grand Plans Launch Of New Condominium

City Development (CDL) offers information about the launch of their latest project. The company has won the bid for the West Coast Vale plot where a new residential community is in the planning stages.

Singapore - July 27, 2018 /MarketersMedia/

City Development (CDL) is pleased to announce that they have been awarded the bid for the prestigious new residential housing project to be located on the West Coast Vale plot. The plans for development include the construction of up to 730 housing units on the 210,883 sq ft plot. Two 36-storey towers will fit nicely on the land, which comes with a 99-year lease. The Whistler Grand condo project joins other CDL projects, including Hundred Trees and Monterey Park Condominium which have enjoyed massive success in the planning and execution.

The winning bid was one of CDLs most competitive, with the Whistler Grand CDL price reaching $472.4 million, or S$800 psf per plot ratio. This Whistler Grand land plot is estimated to have a breakeven point of $1,250 psf with an average selling price of between $1,400 psf and $1,500 psf. The Urban Redevelopment Authority defined its expectation of a good floor plan for the finished project.

A spokesperson for the firm explained in an interview, “Our latest project is well situated to allow the residents to maximize the exceptional local attributes alongside the strategic location to various amenities. We are highly selective in the projects we have invested in previously and believe this site has a lot to offer. Our team sees a lot of potential in the site where the project will be constructed.”

The Whistler Grand team is also seeking additional opportunities where they can have land to invest in. The Singapore residential market is on the recovery trend, and CDL expects to take part in that trend. The company is well-respected in the West Coast area. This particular facility is appealing to prospective buyers who want to invest in top-tier properties in Singapore. CDL has a great team, which ensures that their projects are unrivalled in the construction sector.

Location: https://goo.gl/maps/XHXoCeHX4c72

Contact Info:
Name: May Tan
Organization: Whistler Grand
Address: 111 West Coast Vale, Singapore 126755
Phone: +6531386792

Source URL: https://marketersmedia.com/whistler-grand-plans-launch-of-new-condominium/385583

For more information, please visit https://www.whistlergrand.com/

Source: MarketersMedia

Release ID: 385583

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