WATTEN HOUSE

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Sell, Condominium, 3 bedrooms
Singapore

S$ 3162000 Sale

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Listing was posted by

Patrick Yi

Real Estate Profit Strategist with a Millionaire Mind! Always help to build your dream home & investing.

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Date created: 10.03.2023 14:32:11

General

Listing ID:

108

Type:

Sell

Property type:

condominium

Address:

Singapore, 36-44 Shelford Road, Singapore 288429

Price:

S$ 3162000 Sale

Description:

1km to Raffles Girls Primary School and Nanyang Primary School.

36 SHELFORD ROAD Singapore 288429

38 SHELFORD ROAD Singapore 288431

40 SHELFORD ROAD Singapore 288433

42 SHELFORD ROAD Singapore 288435

44 SHELFORD ROAD Singapore 288437

Developer: UOL & Singland
No Of Units: 180

⭐️FREEHOLD
⭐️Prestigious Address
⭐️Serene Landed Enclave
⭐️3 & 4br + Penthouse
⭐️Located < 1KM to Nanyang Primary and Raffles Girls Primary
⭐️Mins walk to MRT
(Tan Kah Kee)

WATTEN HOUSE (former Watten Estate Condominium) is a residential development located on Shelford Road, district 11. This freehold development has a land area of 220,241 sqft and gets a plot ratio of 1.4. The property has been put up for collective sale via tender with a minimum price of $500 million by UOL Group and Singapore Land Group (SingLand). This translates to a land rate of S$1,738 per square foot per plot ratio (psf ppr), No development charge is payable due to the site’s high baseline.

The project is expected to redevelop into a new condominium with 180 residential units based on the minimum average size of 100 sqm (1,076.4 sqft) with an allowable height of up to five storeys.

The development is designed and constructed by a joint venture between UOL Group and Singapore Land Group

The private enclave is strategically located between Botanic Gardens & Tan Kah Kee MRT Station.

It will launch the redevelopment of the former Watten Estate Condominium in 2H2023.

***** Botanic Gardens MRT Interchange

Where Are The Home Choice For SCHOOLS Along Bukit Timah❓

▪ Must Be Under 1KM
▪ Must Be GEP School
▪ Must Be Walking Distance

Freehold living sanctuary in District 11

** Exclusive 180 Units: 3 bedrm, 4 bedrm & Penthouse

** Within 1km to Nanyang Pri School, Raffles Girls' Pri School

** Mins walk to Botanic Gadns MRT & Tan Kah Kee MRT Stations, Adam Rd Food Centre, Botanic Gdns, Coronation Shopping Plaza, Serene Centre, Crown Centre

** Mins drive to Orchard Rd, Holland Village, Dempsey Hill, One-North Precinct

** Close Proximity to Hwa Chong Institution, Nanyang Girls High Sch, National JC, NUS, MDIS

Expected Date of Completion: December 2026

Architect: Architect 61 Pte Ltd

Structural Consultant: KCL Consultants Pte Ltd

M&E Consultant: J Roger Preston(s) Pte Ltd

Landscape Consultant: Ramboll Studio Dreiseitl Pte Ltd

Interior Designer: Index Design Pte Ltd

Main Contracton: Unison Construction Pte Ltd

Read more on EdgeProp

Watten Estate Condo to launch $536 mil collective sale bid

武吉知马华登岭5.5亿元售出今年来最大宗集售交易

UOL and Singapore Land jointly purchase Watten Estate Condominium en bloc for $550.8 mil

Watten Estate Condominium Enbloc Clinched By UOL-SingLand JV for S$550.8m

Business Times – October 28, 2021

UOL Group and Singapore Land Group (SingLand) have clinched a tender to purchase Watten Estate Condominium (WEC).

At the price tag of S$550.8 million, the deal is a 10.2 per cent premium to the S$500 million minimum price announced by the property’s marketing agent JLL in September 2021. WEC’s last collective sale attempt was launched in July 2019 at a reserve price of S$536 million. The property was first put up for en bloc sale in 2007 at the price of S$480 million.

In their respective bourse filings on Thursday (Oct 28), UOL and SingLand disclosed that the tender was awarded to their 80:20 joint venture (JV) between United Venture Investments (UVI) and Singland Residential Development (SRD). UVI and SRD are the wholly-owned subsidiaries of UOL and SingLand, respectively. UOL is a controlling shareholder of SingLand, which was formerly known as UIC (United Industrial Corporation). UVI will pay 80 per cent of the consideration or S$440.6 million for the acquisition based on its proportion of ownership of the JV, with SRD to fund the remainder.

Acquiring WEC is in the ordinary course of business and will enable both groups to replenish their land banks for residential development in Singapore, said both groups in their announcements. SingLand added that the JV parties intend to redevelop the property into a condominium, subject to the necessary approvals from relevant authorities. Both JV parties intend to formalise their terms in connection with the property’s acquisition and redevelopment – and share risks and rewards in proportion to their subsidiaries’ equity stakes in the JV.

想了解更多，或阅读项目的中文介绍：Watten House - 莱女小南洋顶级双学区写经典传奇

Number of bedrooms: