Qingjian and Santarli preview Altura executive condo from $1,376 psf

July 24, 2023

Altura EC sales gallery opened for preview on July 22 (Photo: Qingjian Realty/Santarli Realty)

Qingjian Realty and Santarli Realty previewed Altura executive condo (EC) on July 22. The 360-unit EC is situated on Bukit Batok West Avenue 8. It's the first EC in Bukit Batok to be launched since 2001 when the 248-unit EC The Dew at Bukit Batok Street 21 was launched.

The project is located within the Bukit Batok heartland, near the Jurong urban region, the upcoming Tengah Forest town and 1km from the Anglo-Chinese School (Primary). Other schools nearby include Dazhong Primary School, Dunearn Secondary School and Dulwich College (Singapore).

Exterior of the 360-unit Altura executive condo at Bukit Batok West Avenue 8 (Picture: Qingjian Realty/Santarli Realty)

Prices of the units range from $1.348 million ($1,376 psf) for a 980 sq ft, three-bedroom premium-plus-study; $1.668 million ($1,383 psf) for a 1,206 sq ft, four-bedroom flexi deluxe; $1.988 million ($1,388 psf) for a 1,432 sq ft, four-bedroom flexi premium; and $2.188 million ($1,422 psf) for a five-bedroom premium-plus-study.

Altura is the second EC project jointly developed by Qingjian and Santarli, which won the development site at Bukit Batok West Avenue 8 with a bid of $266 million, or a land rate of $662 psf per plot ratio (psf ppr) in March 2022. It was considered the highest land rate paid for an EC site.

Showflat of a unit at Altura EC (Photo: Qingjian Realty/Santarli Realty)

The first EC project by the joint venture partners was the 618-unit Tenet at Tampines Street 62. Launched on December 3, the project has sold 614 units (99.4%) at an average price of $1,382 psf, based on caveats lodged to date.

Altura is near Bukit Batok Station (North-South Line) and the future Tengah Plantation Station (Jurong Region Line), and business hubs like the Jurong Lake District, Singapore's second CBD, and The Metropolis at one-north.

Qingjian Realty and Santarli Realty won the site with a bid of $266 million and emerged at the top of nine bids in a government land sale tender in March 2022 (Source: EdgeProp Landlens)

E-application for Altura opened on July 22 and will close on July 31, with sales bookings to begin on August 5.

More at: https://www.edgeprop.sg/property-new...condo-1376-psf