Exact prices are not available yet, and will only be known at the VIP Preview itself. However, indicative prices are $598K upwards for the one bedders, $798K up for 2 bedders, and $1.16m up for the compact 3 bedders to around $1.6xM for the biggest 3 bedders.
Please drop us a note below if you would like to be updated once the exact Botanique condo prices are released.
UOL Overseas Investments Pte Ltd paid $392.3 million for the site, which works out to land acquisition cost of slightly over $648 per square foot per plot ratio. Assuming construction & financing costs of around $500 PSF, breakeven would be about $1,150 PSF.
From the indicative pricing, it appears to follow the typical pattern of small units commanding a higher range of around $1,3xx to $1,4xx PSF, with a lower average $1,2xx PSF pricing for large units.
Botanique Condo Prices · Recent Nearby Transactions
Bartley Residences sold out in early 2013 at around $1,250 PSF, while Bartley Ridge across the road is almost sold out, at an average price of around $1,296 PSF.
For details of this URA Land Sale and award to UOL, see this report (opens in new window).
Botanique Condo Prices · Contact Form
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