As some of us are busy celebrating Chinese New Year 2021, condo developers are gearing up to launch a series of projects originally slated for in 2020. One thing’s for sure, they are definitely not playing the wait-and-see game anymore; robust sales numbers for new launch condos have spurred developers into action.
Another reason why you might see a handful of projects launched really soon: the Covid-19 pandemic might still affect buyer sentiment down the road, if fears of another wave come true, so there’s no reason to delay further now that buyers seem to be as bullish as racehorses out of the starting block.
Finally, due to the Covid-19 supply chain and labour disruptions, developers would want buyers to commit early so they can go ahead and secure manpower and material ahead of time and minimise the likelihood of protracted construction delays.
One of the Project would be The Atelier Condo
The Atelier is a freehold condominium situated in the cosy enclave of Kampong Java Road and Newton Flyover. Located in the coveted District 9 (D9), residents can spend their days sauntering around an expansive unit with floor-ceiling windows. Perhaps they’d even opt for one of the ceiling loft suites, that comes with an upper deck perfect for a home office or study room. Feel the luxurious vibes as you kick back and relax in top of the line fittings and furnishings fit for a king.
Towering above its surroundings, The Atelier condo is developed by Bukit Sembawang Estates Limited, one of Singapore’s pioneers in residential property development. Its portfolio includes other luxurious homes such as Luxus Hills, 8 St Thomas, and Nim Collection.
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- Within prime District 9
- 3 very reputable primary schools within 1km
- Quiet neighbourhood
Developer: Bukit Sembawang
There are a handful of prime district developments yet to be launched, which date back to the 2017-2018 en bloc frenzy, and The Atelier is one of them.
Developer Bukit Sembawang successfully bid for the freehold District 9 site of the former Makeway View back in March 2018 for $168 million, which translates to a $1,626 per square foot per plot ratio (ppr).
We expect The Atelier to launch at a competitive pricing, taking into consideration the competition from new launch condos in the area. The pricing range is likely to be in the ballpark of $2,700 to $3,000 per square foot (psf).
Additionally, we also expect a upmarket-to-luxury positioning for this project, given its price point.
The Atelier is likely to be particularly attractive for own-stay buyers, since three highly reputable primary schools—Anglo-Chinese School (Primary), Anglo-Chinese School (Junior) and St. Josephs Institution (Junior)—are within 1km of the condo. The catch is that they’re all boys’ schools.
Buyers should also take a liking to its quiet location, despite being very accessible to the city. Newton MRT is about a 9-minute walk away, while Novena’s malls and amenities are a 10 to 15-minute walk away via Lincoln Road.
The Atelier Condo will be coming to you on 27 & 28 February and you can come down to see our 𝖲𝗁𝗈𝗐𝖿𝗅𝖺𝗍 via registered appointment. And on 13 March Saturday, interested buyer can start to lock in their choice unit
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