The Woodleigh Residences sells 70 units at weekend launch

by • May 13, 2019 • Property LaunchesComments (0)979

The Woodleigh Residences sells 70 units as at 10pm on Sunday, May 12

Developers pleased that The Woodleigh Residences sells 70 units at launch

Kajima Development and Singapore Press Holdings, the developers of the project said that they are very pleased with the enthusiastic response received. “The sales gallery opened to an invite-only event on the evenings of Wednesday (May 8) and Thursday (May 9), an industry first, and saw many guests vying for their preferred units in the ballot held on Saturday (May 11) morning,” said Kazunori Ichihashi, project director of Kajima Development.

The Woodleigh Residences sells 70 units as buyers vie for preferred units

The developers said that the majority of the buyers are locals who live across various parts of Singapore and that many units sold were two- and three-bedroom units along with three four-bedroom apartments. The Woodleigh Residences sells 70 units over the weekend and achieved $2,331 per square feet (psf). Prices at the project start at $1,733 psf, a revision from its starting price of $1,909 psf cited at its preview last October.The  average psf prices achieved were at around $1,950 psf, said several property agents.

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The Woodleigh Residences sells 70 units as developers slash prices by up to 13 per cent

One blogger, Blade Knight, said the developers must have “decided that the risk of the market downturn may not be worth it and started slashing prices drastically in order to move more units.” He noted that the developers were only able to sell 30 units on the first weekend of its initial launch albeit declaring that 60% were sold by proclaiming that they only launched 50 units.

The blogger added that The Woodleigh Residences launch over the weekend, will see “a 958sqft 3 bedder unit prices (drop) from S$1.92Mil to S$1.66Mil which translates to substantial savings of +S$256K for potential buyers relative to the first batch of VVIP.”

Private home price decline gained momentum in Q1 2019

The Woodleigh Residences sells 70 units amidst developers push to move inventory of unsold units

The Jewel of the Bidadari Estate Master Plan

Widely known as the “future Bishan”, Bidadari is the first city-fringe town that is transforming into a distinctive and sustainable tranquil city-fringe district with world-class infrastructure.

A part of the 2014 Urban Redevelopment Authority Master Plan, Bidadari is envisioned to be Singapore’s first “community in a garden”, with the 10-ha Bidadari Park promoting green community spaces, while retaining the heritage and feel of Bidadari.

At the heart of this vision is The Woodleigh Residences, the integrated development that is the Jewel of the Bidadari Estate Master Plan. Built above The Woodleigh Mall and a transportation hub with an MRT station, residents also enjoy direct access to Singapore’s first air-conditioned underground bus interchange.

With the upcoming regional 10ha park just announced, Bidadari will be a new bio-diverse ‘green lung’ and sanctuary for nature enthusiasts. Features include Singapore’s first underground service reservoir, ensuring regulated drinking water supply and pressure for the district, a play area with a landmark 5m-tall treehouse and two 5,000 sq m lawns along with walking, running and cycling trails.

A thriving regional park complete with lifestyle amenities, it’s no surprise Bidadari is one of the most sought-after new estates in Singapore. With an overwhelming demand for flats in the area, a wide array of lifestyle amenities, and renowned schools within a one to two km catchment, all the elements are in place to make The Woodleigh Residences an enviable home for your family and the future.

Japanese Design, Japanese Quality

The Woodleigh Residences is the first integrated development that combines the best artistry and attention to detail of Japan, with Singapore’s innovation and quality.

Mr Keisuke Koshijima, Executive Vice President of Kajima Corporation said: “Over the years when units got smaller in the Japan, the industry has developed many Japanese techniques and technologies to make smaller spaces “bigger” – efficient space maximisation. The Singapore real estate market in the recent years, albeit later than Japan, has started to build smaller units, and we believe that with our proven experience from Japan, we can bring these efficient space maximisation technologies to enhance the living experience in Singapore.”

Research has shown that Singaporeans preferred to have a balcony and also a large living room, so as part of the design process to address these needs, the developers have introduced Japanese techniques and technologies to make the living room and balcony flooring flushed to extend the living space.

Sales Gallery

The Woodleigh Residences sales gallery is located beside NEX Shopping Mall (Serangoon Link) and is open from 10.00 am to 7.00 pm.

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