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Le Quest Condo Pricing
|Rank||Tendere||Tendered Sale Price ($)||Tendered Sale Price in $PSM of GFA|
|1||Qingjian Realty (BBR) Pte Ltd and Qingjian Realty (BBC) Pte Ltd||301,160,000.00||6,830.42|
|2||Allgreen Properties Limited||277,980,000.00||6,304.69|
|3||Wee Hur Developments Pte Ltd||268,000,000.00||6,078.34|
|4||Zenmost Developments Pte Ltd and Zenlead Investments Pte Ltd||257,222,000.00||5,833.89|
|5||China Construction (South Pacific) Development Co Pte Ltd||255,188,888.00||5,787,.78|
|6||First Bedok Land Pte Ltd and GLL A Pte Ltd||,253,000,000.00||5,738.13|
|7||TTH Development Pte Ltd and Kay Lim Realty Pte Ltd||221,100,000.00||5,014.63|
|8||CEL Real Estate Development Pte Ltd||209,000,000.00||4,740.20|
|9||Mezzo Development Pte Ltd||200,000,000.00||4,536.07|
|10||Low Keng Huat (Singapore) Limited||195,000,000.00||4,422.67|
|11||Sim Lian Land Pte Ltd||188,000,000.00||4,263.91|
The below shows the land bidding action for Le Quest. A total of 11 Bid has been submitted for the tender of the land.
Le Quest Pricing
At this point in time the price is not available. However more details will be released to buyers who have registered with us.
The indicating pricing of the development will be roughly S$1,1xx PSF onwards. This is a very attractive price given that there are really expensive condominiums that are located in Jurong. With some development hitting already S$2,xxx psf.
This is also a Mixed Development, and such development generally have a higher price as compared to condominiums in the vicinity because of the convenience and all.
Land price of Le Quest Condo
The final tendered price for Le Quest is S$301.2 million, and that is just 8.3% higher than the 2nd developer Allgreen Properties (A developer who developed RiverSails in Serangoon)
At this point in time, there are lesser land available for sale by the government, therefore it is assumable that in the near future, supply of residential homes will remain tight.
The area that Le Quest condo is going to be built at is currently low in population, however the demand will soon rise and especially when part of Tengah estate is completed, more individuals will be living in the west part of Singapore.
Being the closest town that is located in a future growth area which is Jurong, it is expected that demand in the area will rise and so will the cost of future homes.
Le Quest Pricing information
As of now the price is not available, however nearest projects are transacting above S$1,000 per square feet. It is safe to assume that the price of Le Quest will launch with a minimum price of S$1,1xx PSF onwards.