Sengkang Grand Residences Launching Soon. Rare Mixed Development Developed by CapitaLand-CDL JV next to Buangkok MRT Station.

Sengkang Grand Residences is an upcoming Mixed Development in Sengkang / Buangkok by JV CDL and CapitaLand. It is located right next to Buangkok MRT Station. CapitaLand and CDL said their joint venture will transform the 3.7ha site - the largest commercial and residential site awarded since 2015 - into an integrated community hub with 700 residential apartments, meeting the needs of residents in Buangkok with amenities such as a hawker centre, community club, childcare centre, retail shops, as well as public rail and bus transport facilities sited in a one-stop location. The integrated development is targeted for completion in the first half of 2022, they added.

With the Land Price at  $923.59 per square foot per plot ratio (psf ppr), the estimated selling price for Sengkang Grand Residences could be in the range of $1,600 to $1,700 based on 10-15% profit margin for the developer.

More information at https://investintproperty.com/properties/sengkang-grand-residences/

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