Artist’s impression of Twin Vew in West Coast Vale.
Twin Vew in West Coast Vale will open its showflat for preview this Saturday (21 Apr), said developer CSC Land.
The 520-unit condominium is the Group’s first development in Singapore, and will comprise two 36-storey towers offering a range of one- to four-bedroom units and penthouses from 484 sq ft to 2,088 sq ft. There will also be two shops and a childcare centre on site.
More: New Private Home Sales Down 59.8% From Year Ago
Early-bird prices for the one-bedders start from $650,000, two-bedders from $898,000, three-bedders from $1.18 million, and four-bedders from $1.55 million.
CSC Land is the property development arm of China Construction (South Pacific) Development, which purchased the riverfronting site along Pandan Reservoir in February last year for $291.99 million ($591 psf per plot ratio).
The site is located right next to the 752-unit Parc Riviera condo launched in 2016. Commercial amenities nearby include Westgate, Jem and Big Box at Jurong Lake District, which is slated to be transformed into Singapore’s second central business district.
Li Xiao Qian, chairman of CSC Land, said: “We are excited to have the opportunity to develop a residential development within a location with so much potential, we look forward to playing a part in the revitalisation and redevelopment of this region.”
Sale of units will commence on 5 May. The 99-year leasehold project is expected to be completed by Q4 2021.
Other projects launching soon include the estimated 275-unit Margaret Ville in Margaret Drive by MCL Land and UOL’s Amber 45 at Amber Road (139 units).
Property analysts expect private home prices to rise this year, with flash estimates of the Urban Redevelopment Authority’s price index up 3.1 percent in Q1 from the previous quarter, the biggest increase in nearly eight years.
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Romesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories, email firstname.lastname@example.org