Price Range

The indicative price by the developer is $1,480 psf.

Gem Residences- the 38 storey residential buildings in Toa Payoh will boast unrivaled privileges: Rare and Exclusive Site in a mature real estate area, easily connect to places, the first One of a kind development in area with “Club Med” like services and lifestyle. The indicative price of GEM RESIDENCES given by the developer is $1,480 psf.

Gem Residences Price


HOT FROM THE OVEN- GET PREMIUM PRICE, PRIOR DISCOUNTS !!!



PRICE RANGE - SUPER ATTRACTIVE !!!
TYPE PRICE
1 Bedroom SOLD OUT
2 Bedroom SOLD OUT
3 Bedroom Fr $1,628,000
4 Bedroom SOLD OUT
5 Bedroom $1,944,000

Achieved Prices Along NS Line

Achieved Prices Along NS Line

CMA – Sky Vue

CMA – Trevista

CMA – Thomson Impressions

CMA of Thomson Impressions and gem residences price

Recent Land Tenders for Gem Residences

Gem Residences Actual Site

S$760.56 per square feet per plot ratio is the top bid by Chip Eng Leong's CEL Residential Development for Gem Residences. "The estimated breakeven prices for the residential space in the new condominium to be developed on this site range from S$1,250 psf to S$1,300 psf. The developer of this condominium project could be aiming to launch the project at above S$1,500 psf in 2017," Mr Mak said.

The top bid for Gem Residences by UOL Venture / Investments translates to nearly S$710 per sq foot per plot ratio, Singland Homes of S$692 psfppr by just 2.6 per cent. "There is no other major condominium project in the area IP that is not launched for sale yet. It is very likely that the Government will award this tender to the top bidder. Therefore at this land price of S$709.97 psf ppr, the estimated breakeven price is about S$1,100 psf to S$1,150 psf," Mr Mak added.

The top bid, coming from a consortium comprising Fraser Centrepoint's FCL Topaz, Sekisui House and KH Capital, translated to S$858.02 per sqf per plot ratio. "Furthermore, there is almost no new private condo development in the vicinity. Hence. the project at this site will not have to face keen competition." He estimated the breakeven at S$1.370 per sqf to S$1,480 per sqf, with selling prices above SS1.650 per sqf.



Gem Residences is A wonderful development at such a great indicative price! Do you want to book a unit? Register for Gem Residences here !


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Enquiry Hotline:

+65 6303 0574

Website:

http://gem-residences.net

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Latest News

05/31/2016

50 percent of Gem Residences sold in a day

50 percent of Gem Residences sold in a day

05/21/2016

Gem Residences saw an amazing strong interest !

Gem Residences saw an amazing strong interest !

04/05/2016

Woodlands, Pasir Ris, Toa Payoh set for a facelift

Woodlands, Pasir Ris, Toa Payoh set for a facelift