Forett at Bukit Timah is the upcoming freehold development to be added into the New Launch Market of District 21. It is located along Toh Tuck Road, Jalan Jurong Kechil Bukit Timah in District 21 Singapore (a short walk or 3 mins drive to Beauty World MRT).
Forett at Bukit Timah was sold collectively to the Qingjian group of Companies for S$610 million. Based on a potential gross floor area of 46,840.08 sqm, the sale price translates to a land price of about S$1,210 per square foot per plot ratio (psf ppr). Due to a high development baseline, a development charge will not be payable for the 10-per-cent bonus balcony and this will lower the land price to S$1,100 psf ppr. The estimated selling price is therefore expected to be in the range of S$1,800 – S$2,200.
Developer Qingjian has recently on 30th May 2020 during the last few days of Circuit Breaker invited Mr Kingsley Ng Director of P&T award winning architect to share on the architectural plan of Forett at Bukit Timah. Here some photos shared during the session.
Subsequently, on 31st of May 2020, Developer Qingjian invited the Soul behind Forett, Mr Thanapong (Gong), Director of Ecoplan, a multi-awards winning landscape consultant to reveal some landscaping concept of Forett at Bukit Timah. And here is one slide share on the Landscaping
To further enhance the development strong attraction, Consultant of Joey Yap, Mr Louis Chia is also at the webinar on 31st May 2020 to share his Fengshui expertise insights on Forett which has all the strong locality elements like mountain, Seas etc.
According to Forett at Bukit Timah Developer Qingjian, the development is suppose to be ready for launch in May. However, the unexpected COVID19 circuit breaker has caused the delay. However, many Consumer in the Market are highly anticipating the launch.
Developer has raise the atmosphere to all time high with the released on the starting price of 1 Bedroom from S$888k and 2 Bedroom from 1.2-1.3M onwards. I guess this freehold development going to bring another upswing in the Singapore property Market especially at Bukit Timah Area.