UOL Group has priced more
than 70% of the 797 homes in its latest development, Botanique at Bartley, at
below S$1 million as the developer seeks to drive sales after the Chinese New
Year lull, but it remains to be seen if buyers will emerge in numbers in the
current soft property market.
Botanique at Bartley consists of 200 one-bedroom units, 382 two-bedroom
units and 215 three-bedroom units, with starting prices of about $598,000,
$798,000 and $1.6 million, respectively. Apartment sizes range from 495 to
689sqft for the one-bedroom units, 657 to 958sqft for the two-bedroom units and
926 to 1,356psf for the three-bedroom ones.
Expected to be completed by
2019, the 99-year leasehold condominium is a three-minute walk from Bartley MRT
station, and is close to many schools, such as Paya Lebar Methodist Girls'
School, Maris Stella
High School and Nanyang Junior College
The project will be launched
in two weeks to coincide with the Good Friday long weekend.
Info Source: TODAY
Even at "a little below $1,300psf", the
wife and I reckon that it will be quite the challenge to move units at this new
project given the current market sentiments. But the saving grace may just be
the MRT station proximity, so we'll have to see in 2 weeks...
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