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The Woodleigh Residences is a new mixed development launching soon in 2018. The site is located along Upper Serangoon Road, next to Woodleigh MRT Station. During the 2017 Government Land Sales (GLS), this commercial and residential site garnered 12 bids and with the top bid of $1,132 billion by a joint venture between Singapore Press Holdings (SPH) and Kajima Development. The top bid translates to a S$1,181 per square foot plot ratio based on the maximum gross floor area of 958,450 sqft. The top bid is merely 1.3% higher from the 2nd highest bidder, partnership between Far East Organization and Sekisui House.

SPH and Kajima will develop the site into a condo project (The Woodleigh Residences) with a retail mall (The Woodleigh Mall). Mixed development of this size is popular among buyers looking for own investment or own-stayed. The recent mixed development such Park Place Residences, Hillion Residences and Northpark Residences etc was well-received and sold well. Bidadari is just in the initial stage of development, buyers of The Woodleigh Residences would have first-mover advantage to the new Bidadari new housing estate.

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Project Information

Project Name The Woodleigh Residences
Description Mixed development, comprising of condo with full-fledge facilities (including swimming pool), shopping mall, 65,000sqft community club, 20,000sqft neighbourhood police centre, a commercial bridge towards Bidadari Park and an underpass to connect to the bus interchange.
District 13
Developer Singapore Press Holdings (SPH) and Kajima Development.
Site Area 25,440.8 sqm
Lease Period 99yrs Leasehold
Permissible Gross Floor Area (GFA) / GPR 89,043 sqm / (3.5)
Estimated no of residential units 825

 

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