Le Quest is a development that is 99 years old and in located in Singapore, District 23 at West Ave 6, Bukit Batok. It is just at a 5 minutes driving distance from the Jurong East Regional Centre, which is the hub for availability of all amenities. Recently, a tender was submitted by Qingjian Realty for $301.2 million, which is apparently the highest one till date. So what is it that makes Le Quest Qingjian Realty such an attraction for real estate developers and customers? Let’s find out.
Le Quest Condo Plot of Land by Qingjian Realty
This plot of land is capable of yielding 400 units of residences. Also, the site is close to Jurong East where the government has plans of redeveloping the area. The MRT station is also in close proximity to the Le Quest condo, which makes conveyance very easy for the people over there. There are near-future plans of development of HDB flats in the Bukit Batok area, which hints at the fact that there would be simultaneous development in the surrounding facilities and amenities too.
Le Quest Location Surrounded New HDB BTOs
The development by China’s Qingjian Realty covers a site area of 14,696 sqft and the total land area that this site has is 158, 194 sq ft. The gross floor area is almost equal to 474,591 sqft and there is a massive commercial area of 64,500 sq ft. The plot is very close to the well-known shopping malls like JCube and West Gate. As per experts, this property got such a commendable response from buyers as this is the only of its kind that has a commercial area as well as residential units, in the area where it is situated. Additionally, this area is green field i.e there would be more huge developments shortly, which could be one more reason why property developers show interest in this site. The location is near to Bukit Batok West Avenue 6
Le Quest at Bukit Batok West Ave 6
The site is properly connected with the pan-island expressway. This also allows people of Singapore to be in touch with the other parts of the city without much hassle. There is availability of other amenities at a short distance too – market place, food center, community clubs, hospitals and educational institutions. Le Quest by Qingjian Realty has an ideal location. It is situated at just 1.8 km away from Jurong Innovation-District and Jurong Lake District. Owners at Le Quest Bukit Batok also find this as a perfect choice for investment as government has plans of revamping the area of Jurong, in the pipeline. The pricing is pretty competitive even with the presence of the nearby shopping malls like Jurong East Mall. There are plans of development of a community institution too.
The plot would contain a one storey mall along with the 400 units of residential flats. Also there would be a supermarket of 1000 sqft along with a food court of 500 sqft.
The average PSF (monthly) in the Bukit Batok area is $800/sqft. There are many attractive features that makes this site a great investment option. There is a swimming pool, a playground for children, an indoor gym, a tennis court, plus a magnificent area for barbeque. A buyer can choose from either a one bedroom, or a two bedroom or a three bedroom unit. Beyond the 6th floor, residential can also get a beautiful view of the place.