SkyPark Residences EC

Review of: New Sembawang EC

Reviewed by:
Rating:
5
On May 5, 2013
Last modified:February 19, 2014

Summary:

SkyPark Residences EC

SkyPark Residences Logo - New Sembawang EC

  Great News for Singaporeans who are staying in Sembawang and looking forward to upgrade to an executive condominium, celebrate! There will be a new Sembawang EC call SkyPark Residences coming up as a 99 year leasehold residential site size of 21,718.4 sq m at Sembawang Crescent/Drive , which can build around 650 units has been award to JBE Holdings. The Developer had squeeze their architect creative brain juice to have a duplex layout back to the market. It will be the very first executive condominium to have such a layout within a project therefore demand for this duplex design would be high coming from upgraders. Updates Skypark Residences is more than 50% sold. Quick Call 98506655 to secure your dream home!

SkyPark Residences EC

E-Applications:

12th – 20th Oct (10am – 8pm)

Price Release & Showflat:

13th – 14th Nov(10am – 8pm)

STRICTLY for E-Applicants only

Booking:

15th Nov - GRO

16th Nov – 9am Booking Starts

New Sembawang EC – SkyPark Residences Project Details

Developer : Oasis Development Pte Ltd Tenure : 99 years Site Area : 2.32 Ha TOP : 2016 Total Units : 506 units Consists of : 9 Blocks of 14 /15 Storeys Basement Carpark Full Condo Facilities (subject to changes by the developer without prior notice & project is pending approval for sale and seeking indication of interest)

< Click Here to Register your interest >

New sembawang ec site picture   This site is about 550 metres away from Sembawang MRT station and Sembawang Bus Interchange which is one of the rarest EC which is within 5-8 mins walk away from an MRT station. It has close proximity to Sun Plaza and the future Town Centre at the empty plot of land at Sembawang Vista which makes grocery shopping and day to day activities very convenient for future residents.  Anticipated demand should be high due to the attractive location and pent-up demand for the first executive condominium around Sembawang area.

New Sembawang EC location

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New Sembawang Ec Location URA new sembawang ec masterplan

New Sembawang EC tender bids details

Based on the tender results and price bidded for the land, estimated breakeven price per square foot is around $597 psf which developer should be selling around $750 psf. Below is the breakdown for the calculation of building the Executive Condo in Singapore Dollars.

SITE USE EC
SITE AREA (SQM) 21,718.4
SITE GFA (SQM) 60,811.5
HIGHEST BID ($M) 211.9
HIGHEST BID ($PSF) 323.8
NUMBER OF BIDS 8
LAND ($M) 211.9
CONSTRUCTION ($M) 130.9
LAND FINANCING ($M) 14.8
PROFESSIONAL / LEGAL / TAXES ($M) 28.4
MARKETING / OTHERS ($M) 4.6
EST. TOTAL COST ($M) 390.6
EST. BREAKEVEN ($PSF PPR) 597

The New Sembawang EC is near the following amenities such as:

  • Sembawang MRT
  • Sembawang Bus Interchange
  • Sun Plaza
  • Sembawang Shopping Centre
  • Sembawang Public Library
  • Canberra Park
  • Admiralty Country Club
  • The Jelutung CC @ Canberra
  • Woodlands Industrial Estate

The following schools are nearby:

  • Sembawang Primary School
  • Sembawang Secondary School
  • Canberra Primary School
  • Canberra Secondary School
  • Wellington Primary School
  • Endeavour Primary School

New Sembawang EC unit mix (subject to changes by the developer without prior notice)

Unit Type

Unit Size

No. of Units

3 Bedroom 1140 – 1149 sqft

116

3 Bedroom + Study + Utility 1229 sqft

30

4 Bedroom 1299 – 1305 sqft

208

4 Bedroom + Study + Utility 1514 sqft

30

5 Bedroom 1591 – 1596 sqft

88

5 Bedroom Duplex 1709 sqft

28

New Sembawang EC AI 1 New Sembawang EC AI 2 New Sembawang EC AI 3

Skypark Residences EC Site Plan

skypark site plan - new sembawang ec

Skypark Residences EC – Floor Plans

skypark 3 bedroom unit - new sembawang ec skypark 3 bedroom unit a - new sembawang ec skypark 4 bedroom unit - new sembawang ec skypark 5 bedroom unit - new sembawang ec skypark 5 bedroom unit a - new sembawang ec Verify your eligibility HERE Check out this page for an explanation about EC financing

Interested in this upcoming new EC project at Sembawang? Please fill up the expression of interest form below and be update with information such as E-application, launch date, E-brochure. No Obligation. – Seeking Indication Of Interest.

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