{"id":81276,"date":"2018-02-28T10:14:21","date_gmt":"2018-02-28T03:14:21","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/windy-heights-up-for-en-bloc-sale-for-806-2m\/"},"modified":"2018-02-28T11:03:01","modified_gmt":"2018-02-28T04:03:01","slug":"windy-heights-up-for-en-bloc-sale-for-806-2m","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/windy-heights-up-for-en-bloc-sale-for-806-2m\/","title":{"rendered":"Windy Heights up for en bloc sale for $806.2m"},"content":{"rendered":"


\nWindy Heights is one of the largest freehold residential redevelopment sites in District 14. (Photo: Knight Frank)
\nThe current en bloc fever shows no signs of abating with Windy Heights being the latest project to join the craze.
\nLocated off Jalan Daud, the freehold residential estate comprises four residential blocks of 192 apartments, eight penthouses and two commercial units.
\nMarketing agent Knight Frank revealed that the development has a reserve price of $806.2 million, or $1,288 psf per plot ratio (psf ppr).
\nInclusive of a 10 percent bonus balcony gross floor area (GFA), the land rate translates to $1,171 psf ppr, subject to the approval of relevant authorities.
\nNo development charge is payable for the approximately 250,702 sq ft site, which is zoned residential under the 2014 Master Plan with a gross plot ratio (GPR) of 2.1.
\nAs verified by the Urban Redevelopment Authority (URA), the site\u2019s current GFA is 58,150.74 sq m, which translates to a GPR of 2.4967. With this, the site may be redeveloped into 581 new residential units with an average size of 100 sq m.
\nSituated along the Eastern Coastal Loop (Siglap Park Connector), the site is a 15-minute drive to Changi Airport and the Central Business District.
\n\u201cWindy Heights is one of the largest freehold residential redevelopment sites in District 14. The new development built on site will enjoy unblocked views over low-rise landed houses and apartments in the vicinity.
\n\u201cThere also isn\u2019t much impending supply in Kembangan and the Bedok area in Districts 14 and 16 from land sales and collective sales, hence new launches in the area are likely to be sought after in lieu of the low supply,\u201d said Ian Loh, executive director and head of investment and capital markets at Knight Frank Singapore.
\nThe tender for Windy Heights will close on 18 April.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Windy Heights up for en bloc sale for 6.2m<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Windy Heights is one of the largest freehold residential redevelopment sites in District 14. (Photo:...<\/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-81276","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-l8U","jetpack-related-posts":[{"id":76810,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dunearn-gardens-up-for-en-bloc-sale\/","url_meta":{"origin":81276,"position":0},"title":"Dunearn Gardens up for en bloc sale","date":"January 16, 2018","format":false,"excerpt":"\r The freehold site is located close to Newton MRT station. (Photo: Knight Frank) Dunearn Gardens, a freehold high-rise residential redevelopment site off Newton Road, has been put up for en bloc sale, with the owners expecting offers above their reserve price of $488.8 million, revealed marketing agent Knight Frank\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95241,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/windy-heights-condo-up-for-en-bloc-sale-again\/","url_meta":{"origin":81276,"position":1},"title":"Windy Heights condo up for en bloc sale again","date":"August 2, 2018","format":false,"excerpt":"\r The condo owners are going through a re-signing process to revise the reserve price to a lower amount. (Photo: Knight Frank) Despite a failed bid earlier in the year and the introduction by the government of new property cooling measures, owners at Windy Heights in Kembangan remain undeterred as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95087,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/freehold-condo-fragrant-gardens-up-for-collective-sale\/","url_meta":{"origin":81276,"position":2},"title":"Freehold condo Fragrant Gardens up for collective sale","date":"July 31, 2018","format":false,"excerpt":"\r The low-rise condominium located off Paya Lebar Road has a reserve price of $65 million. (Photo: Knight Frank) Fragrant Gardens, a low-rise residential development located off Upper Paya Lebar Road has been put up for en bloc sale with a reserve price of $65 million, revealed marketing agent Knight\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":90742,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gilstead-court-elizabeth-towers-launched-for-collective-sale\/","url_meta":{"origin":81276,"position":3},"title":"Gilstead Court, Elizabeth Towers launched for collective sale","date":"June 7, 2018","format":false,"excerpt":"\r Elizabeth Towers off Orchard Road in District 9 has a reserve price of $610 million or $2,416 psf ppr. (Photo: Knight Frank Singapore) The en bloc fever continues to heat up with two more freehold sites \u2013 Gilstead Court and Elizabeth Towers \u2013 launched for sale. The owners of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94037,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-freehold-condos-launched-for-en-bloc-sale\/","url_meta":{"origin":81276,"position":4},"title":"Two freehold condos launched for en bloc sale","date":"July 17, 2018","format":false,"excerpt":"\r Two freehold condominiums in Singapore\u2019s central area have been launched for collective sale despite the new property cooling measures, reported the Business Times. The 24-unit Summer Green in Balestier Road is up for grabs at a reserve price of $48 million, which works to around $1,178 psf per plot\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82336,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/goodluck-garden-sold-to-qingjian-for-610m\/","url_meta":{"origin":81276,"position":5},"title":"Goodluck Garden sold to Qingjian for $610m","date":"March 9, 2018","format":false,"excerpt":"\r The freehold site off Upper Bukit Timah is close to Beauty World MRT station. (Photo: Knight Frank) Goodluck Garden, a 210-unit freehold condominium along Toh Tuck Road, has been sold through a collective sale to Chinese developer Qingjian Group for $610 million, which is about 10 percent above the\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\/81276"}],"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=81276"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/81276\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=81276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=81276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=81276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}