Qingjian


D21 - Forett At Bukit Timah 福瑞轩(FH) Developer: Qingjian Perennial (Bukit Timah) Pte Ltd Type: Residential Highrise Total Units: 633 Exp Top: Sep 2024 Address: Toh Tuck Road Location: D21 - Clementi / Upper Bukit Timah Country: Singapore Tenure: Freehold DESCRIPTION Proposed condominium housing development comprising of: 1) 4 blocks of 9-storey and 9 blocks of 5-storey 2) 2 level carparks in basement 3) 2 shops Price subject to changes and availability! The former 210-unit Goodluck Garden was sold en-bloc to Qingjian Realty for S$610 million in March 2018. The sale translates to a land price of S$1,210 per square foot per plot ratio (psf ppr). Due to a high development baseline, a Development Charge (DC) is not payable, ​lowering the land price of Forett @ Bukit Timah to S$1,100 psf ppr. NEW CONDO LAUNCH Total 633 Units, 1-5 Bedroom ​ ​Forett @ Bukit Timah is a rare freehold, large-scale new launch condominium located at Toh Tuck Road, Jln Jurong Kechil, a short walk or 3 mins drive to Beauty World MRT. Developed by Qingjian Realty, the former Goodluck Garden (en-bloc) is transformed into the new Forett Condo of 5- or 9-storey with 633 units, ranging from 1+Study to 5 Bedrooms. A tranquil haven surrounded by lush nature, fresh forest air of Bukit Timah Hill, ​and the vibrancy of Jurong Lake District (Singapore's 2nd CBD) is just 10 minutes drive away. ​ Forett Bukit Timah Showflat is under construction, opposite King Albert Park MRT station. ​ Forett at Bukit Timah has been bought through an en bloc sale by the Chinese developer Qingjian Group. The buying price of $610 million was $60 more than the $550 million reserve price from the owners. Following the sale, each of the owners is expected to be awarded between $924,000 and $3.51 million proceeds from the sale. The tender for Forett at Bukit Timah sits on approximately 360,130 sq ft land was closed on 7th March 2018 after being launched on January 26th2018. This comes after more than 80% of the owners agreed to the collective sale.