HomeProject Details

Phoenix Road property in District 23 sold en bloc to Qingjian Realty unit for $42.6m.

The property comprises 24 apartments and 12 shops spread over two three-storey blocks, with a 99-year leasehold tenure that started from Jan 1, 1969.PHOTO: COLLIERS INTERNATIONAL

CNQC Realty (Treasure), a subsidiary of developer Qingjian Realty (South Pacific) Group bought over a row of apartments and shops in Phoenix Road near Bukit Panjang under en bloc for $42.6 million in the property’s second collective sale attempt.

The sale price is above the owners’ asking price of $42 million, and works out to an estimated land rate of $630 per sq ft per plot ratio (psf ppr) after factoring the estimated differential premium payable.

The site is zoned for residential use with a gross plot ratio of 1.4 under the Draft Master Plan 2019 by the Urban Redevelopment Authority.

District 23, where the property is located, presents “good opportunities” for residential development owing to the limited upcoming supply of private homes in the area. There are several BTO nearby this area.

The property is near the Phoenix LRT station and about 8 minute walk away from the Bukit Panjang MRT station and bus interchange. Amenities in the area include Bukit Panjang Plaza, Hillion Mall and Junction 10, and schools in the area include ITE College West, Pioneer Junior College and Choa Chu Kang Secondary.

Fact Sheet

Project NameThe Arden
LocationPhoenix Road Choa Chu Kang, Singapore
DeveloperCNQC Realty (Phoenix) Pte Ltd
Site Area approx 63,002 sqft
Land Tenure99 yr leasehold
Total No. of Units 105 units
Gross Floor AreaTBA
Lot NumberMK10-01653L

Unit Mix

2 Bedroom657 sqft (30 units)
2 Bedroom Deluxe721 sqft (15 units)
3 Bedroom1012 sqft (15 units)
3 Bedroom + Study1109 sqft (15 units)
4 Bedroom1206 sqft (15 units)
4 Bedroom + Study1388 sqft (15 units)

CONTACT USRegister your Interest

Book an appointment and view ShowFlat for The Arden & get VVIP Discounts (Limited Time), Direct Developer Price & E-Brochure. Guaranteed with Best Price Possible.Alternatively, please fill the form to get a copy of The Arden's Price, E-Brochure and Latest Updates. We will get back to you as soon as possible.

Or Call Sales Enquiry

+65 8666 1788

    Proudly Developed By:

    Follow us:

    Location: Phoenix Road
    Showflat Address: TBA
    Email: info@official-the-arden.com

    Disclaimer: “Information is accurate as of time of publishing and pricings are indicative / “while stocks last basis “. This information on this marketing material is intended for general information purposes only. While reasonable care has been taken to ensure that the information contained herein is not untrue or misleading at time of dissemination, The sender makes no representation as to its accuracy or completeness. This information contained herein is subject to change without notice.

    error: Content is protected !!