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Woodley Residences launch price down 13%



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The launch of Woodley Residences is scheduled for this Saturday (May 11th). The development of Japanese developer Kajima Development (Kajima) and Singapore Press Holdings (SPH) is located as a premium integrated development that leverages Japanese design.

Woodley residential launchThe Woodleigh Residences is the latest and most ambitious integrated premium housing project of Japanese property developer, Kajima and SPH. The development was built over the Woodleigh Mall, and is also connected to the Woodley MRT station and an air conditioned underground bus interchange.

Located at the intersection of Serenjon and Upper Aljunied High Road, this premium housing project sits on 25,440 square meters of land and is the only integrated development of Bidadari.The development is also integrated with neighborhood police and community club, offering a complete and comfortable living experience.

As part of the community building, Kajima and SPH will work with the Singapore People's Association and Police to build a 6,000-square-foot community club and 2,190 square meters area police center in an integrated development.

The Woodleigh Residences itself will boast a 667 premium residence overlooking the tranquil Lake Alkaff and Bidadari Park, while the Woodleigh Mall will be close to 28,000 square meters of commercial, dining and commercial space, including a supermarket.

Woodley residential launch over the coming weekend will show its three, four bedroom units ranging from $ 1,733 per sq. M.

The lease property of 99 years sold 60 percent of the 50 units released for sale during its soft launch in November, prompting developers to release another 50 units. The developers said that units sold during the soft launch weekend achieved an average of over $ 2,000 per square foot.

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Blogger Blade Knight said that developers should be "decided that the risk of market downturn could not be worth it and began cutting prices drastically in order to move more units." He noted that developers were only able to sell 30 units on the first weekend of its initial launch, although he announced that 60% had been sold by announcing that they had only launched 50 units.

The blogger added that Woodlay residential launch over the weekend will see "958sqft 3 unit bed units (drop) from $ 1.92 to S $ 1.66Mil which translates into significant savings of S $ 256K + for potential buyers in relation to the first batch of VVIP."

"It does not seem fair to those first batch buyers who supported this integrated integrated commercial residential project of SPH and Kajima during the launch. I hope that SPH and Kajima would give some good redevelopment packages to compensate the first buyers."

The blogger said that he was pleased that SPH had decided to cut the price on Woodleigh residential launch in order to move the inventory of unsold units.

Commenting on Woodley Residential Residences this weekend, SPH CEO Ng Yat Chung said: "SPH is happy to work with Kajima to offer Woodley Residences. As the only integrated development of Bidadari, and with the new programs announced for real estate Bidadari, this development is the jewel of Bidadari. "

Mr. Keisuke Koshijima, Senior Vice President of Kajima Corporation, said: "Over the years, when units have dropped in Japan, the industry has developed many Japanese techniques and technologies to make the space" great "for maximizing efficient space.

He added: "Singapore real estate market in recent years, although later than Japan, has begun to build smaller units, and we believe that with our proven experience from Japan, we can bring these effective technologies maximize space to enhance the Singapore life experience.

A decline in the price of private homes gained momentum in the first quarter of 2019

Considered as the jewel of master plan in Bidadari Real Estate, Woodleigh Residence is well situated to be the heartbeat of Bidadari as a master plan unfolds.It is well located to enjoy the development of the area and will also be the heartbeat of the community of Bidadari "Community Garden" idea. Right by Lake Parks will allow residents to enjoy picturesque views of Lake Alkaff and Bidadari Park.

Its excellent location on the outskirts of the city with highways only minutes away has made Bidadari one of the most sought after new housing estates in Singapore with the sale of "Build-To-Order" (BTO) apartments that receive an amazing reception. As such, residents are also about to enjoy a large pool of potential buyers and future resale as well as capital gains.

Woodleigh Residences is also 1 km from primary, secondary and international schools including St. Andrew's Village with its primary and secondary schools and College ; Junior, Marys Stella High School, Cedar Elementary School and Stamford American International School.

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