{"id":109848,"date":"2019-08-13T12:38:31","date_gmt":"2019-08-13T05:38:31","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/braddell-view-relaunched-at-the-same-price\/"},"modified":"2019-08-13T13:07:12","modified_gmt":"2019-08-13T06:07:12","slug":"braddell-view-relaunched-at-the-same-price","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/braddell-view-relaunched-at-the-same-price\/","title":{"rendered":"Braddell View relaunched at the same price"},"content":{"rendered":"


\nSingapore\u2019s largest private residential site \u2013 Braddell View \u2013 has been relaunched for collective sale, with the price unchanged at $2.08 billion, revealed marketing agent Colliers International.
\nThe price works out to a land rate of around $1,159 per sq ft per plot ratio (psf ppr), after taking into account the seven percent bonus balcony area, the estimated differential premium and to top up the lease to a fresh 99 years. The hilltop site has a leasehold tenure of around 102 years starting from 1 February 1978.
\nNestled on a 1,142, 276 sq ft site, Braddell View comprises two shops as well as 918 apartment units, maisonettes and penthouses. It was previously put for up en bloc sale on 27 March.
\n\u201cUnderstandably, developers are assessing the risks associated with acquiring a large site. That said, there are ways to mitigate these risks \u2013 forming a consortium to undertake development being one of them,\u201d said Colliers International managing director Tang Wei Leng.
\n\u201cThe Braddell View site is one of a kind and presents an exciting opportunity to create a new way of living by developing innovative housing options and a vibrant residential community. In addition, the site will also potentially benefit from the upcoming enhancements in the Bishan-Toa Payoh area under the Draft Master Plan 2019.\u201d
\nWell-served by three MRT stations, the Braddell, Caldecott and Marymount MRT stations, the development is near various amenities such as Alvernia Hospital, Health City Novena as well as schools including Raffles Institution, Raffles Junior College, Marymount Convent School and Catholic High School.
\nThe upcoming North-South Corridor will also improve accessibility and help reduce travel time to the city once completed by 2026.
\nIn the event of a successful sale, the owners of residential units could receive $2.04 million to $4.03 million each, depending on the size of their property. The commercial shop owners, on the other hand, could receive between $529,500 and $1.2 million.
\nZoned residential under the 2019 Draft Master Plan, the Braddell View site has a gross plot ratio of 2.1 and will have a proposed total gross floor area of 2,398,781 sq ft. Colliers expects the site to yield up to 2,620 new homes averaging 915 sq ft each, subject to Pre-Application Feasibility Study and relevant approvals.
\nThe tender for Braddell View closes on 25 September.
\nLooking to buy a Singapore home but not sure where to start? Get insight on the best locations for your new home with our\u00a0AreaInsider\u00a0Guides.
\nFiona Ho, Digital Content Manager at PropertyGuru, edited this story. To contact her about this or other stories, email\u00a0fiona@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Braddell View relaunched at the same price<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Singapore\u2019s largest private residential site \u2013 Braddell View \u2013 has been relaunched for collective sale,...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-109848","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-szK","jetpack-related-posts":[{"id":102848,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-semi-detached-homes-in-braddell-heights-up-for-sale-at-12-28m\/","url_meta":{"origin":109848,"position":0},"title":"Two semi-detached homes in Braddell Heights up for sale at $12.28m","date":"January 10, 2019","format":false,"excerpt":"\r The asking price works out to a land rate of $1,100 psf. (Photo: Savills) A pair of semi-detached homes within the Braddell Heights residential enclave has been put up for sale via expression of interest (EOI), revealed marketing agent Savills Singapore. Located at 22 & 24 Jalan Lateh off\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105137,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/braddell-view-to-go-en-bloc-at-2-08b\/","url_meta":{"origin":109848,"position":1},"title":"Braddell View to go en bloc at $2.08b","date":"March 19, 2019","format":false,"excerpt":"\r The price works out to a land rate of $1,199 psf per plot ratio, inclusive of the differential and lease top-up premium of about $795.1 million. Braddell View estate, Singapore\u2019s largest private residential site, is set to be put up for en bloc sale on 27 March with a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107587,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/braddell-views-failed-en-bloc-attempt-unsurprising-analysts\/","url_meta":{"origin":109848,"position":2},"title":"Braddell View\u2019s failed en bloc attempt unsurprising, analysts","date":"May 30, 2019","format":false,"excerpt":"\r Analysts attributed the property\u2019s failure to attract bidders to its size and the cooling measures rolled out last July. Launched for collective sale at a record price of $2.08 billion, Braddell View\u2019s failure to receive any bids at the close of its tender came as no surprise to market\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111073,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/braddell-view-estate-en-bloc-tender-relaunch-closes-without-bids\/","url_meta":{"origin":109848,"position":3},"title":"Braddell View estate en bloc tender relaunch closes without bids","date":"September 26, 2019","format":false,"excerpt":"\r Previously put up for sale on 27 March, the tender closed in May without any bids. It was again launched for sale on 13 August. The Tender for Braddell View estate closed without receiving any bid following its relaunch for collective sale at the same price of S$2.08 billion,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110108,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/en-bloc-aspirants-at-braddell-view-are-turning-to-hong-kong-or-mainland-developers\/","url_meta":{"origin":109848,"position":4},"title":"En Bloc Aspirants At Braddell View Are Turning To Hong Kong Or Mainland Developers","date":"August 22, 2019","format":false,"excerpt":"\r Sellers at Braddell View, Singapore\u2019s largest residential site, are turning their attention to developers from Hong Kong or mainland China. Spanning 1.14 million sq ft, the development above MacRitchie Reservoir Park was put up for sale in March for $2.08 billion or 1,159 per sq ft per plot ratio\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103779,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/majority-of-braddell-view-owners-approve-2-08-billion-price-for-en-bloc-sale\/","url_meta":{"origin":109848,"position":5},"title":"Majority of Braddell View owners approve $2.08 billion price for en bloc sale","date":"February 8, 2019","format":false,"excerpt":"\r If the sale goes through, it would become Singapore\u2019s most expensive en bloc deal, exceeding the $1.34 billion sale of Farrer Court in 2007. (Photo: HDB) The 918-unit Braddell View residential project in District 20 is poised to be launched for collective sale after it secured the approval of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109848"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=109848"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109848\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=109848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=109848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=109848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}