June 2016

Forestwood Residences Lorong Lew Lian

Buyers are showing much interest in the forthcoming Forestwood Residences in Central Serangooon. The site, in Lorong Lew Lian, is very accessible and close to many amenities. The surrounding area is also popular partly due to the Nex Shopping Mall. Forestwood Residences is likely to have around five hundred homes. Building height regulations mean that the developer cannot build higher than 13 storeys.A developer’s commitment to a $250 million Singapore for the site triggered its launch for sale on the reserve list site under the auspices of the Government’s Land Sales Programme. The Forestwood Residences plot is a 99 year lease Condominium site.

Forestwood Residences Lorong Lew Lian

Transport links and accessibility will enhance Forestwood Residences’ desirability, the development will be a short 400 metres from the Serangoon Mass Rapid Transit interchange. Mass Rapid Transit’s Circle line also directly serves the Bidadari estate, the Biddari Estate adjoins the Forestwood development, …

Queens Peak Queenstown MRT Station

Queens Peak is a property development located on the island of Singapore. The project is being built on land leased out by the Urban Redevelopment Authority who have leased it out for 99 years, which is the usual length of term for real estate leases on the island. The Queens Peak development is being built on a land parcel on the Dundee Road part of the Queenstown housing estate. The Dundee Road, and therefore Queens Peak is really close to the Queenstown MRT station.

The project for the condo development at Queens Peak has been planned and built by the real estate development company MCC Land. They were the company that placed the highest bid with the URA to secure the lease on the Dundee Road land parcel. The board of MCC Land were convinced that the company would easily be able to recuperate the building and development costs of …