Sturdee Residences Singapore

District 8: Little India, Farrer Park, Serangoon Road.
New 6 digit postal code in District 8 : 20****, 21****
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Newproperty.SG
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Joined: Sat Mar 19, 2016 12:54 pm

Sturdee Residences Singapore

Post by Newproperty.SG » Wed Mar 23, 2016 4:00 am

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 total of 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, Sturdee Residences psf is expected to be between $1260-$1310 to break-even.

Sturdee Residences will be standing at 30-storey 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 future Bendemeer MRT.

For more information on the other launches, please click on NewPropertySG.

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