Description
Why Sturdee Residence?
- From the well known developer Sustained Land
- Short distance from schools like Insworld Institute, Bendemeer Secondary School and Farrer Park Primary School
- Rare development in District 08
- Few minutes away from the Central Business District (CBD) and Orchard Shopping District
- Connected by Kallang Paya-Lebar Expressway (KPE), Central Expressway (CTE) and Pan Island Expressway (PIE)
- Numerour restaurants and food centers nearby
- Shopping malls like Mustafa Centre, Paradiz, Square 2 are only a few minutes away
- MRT stations like Lavender MRT, Farrer Park MRT and Boon Keng MRT are within reach
- Modern facilities are equipped in the property for a more convenient lifestyle
- Competitive price for each unit
Sturdee Residence land bid attracted 16 developers to bid for the land. Basing on the winning bid of $181.2 million, we estimate Sturdee Residence break even cost to be $1240 psf. Assuming a case where developer target a profit margin of 20% then average psf should be in the region of $1488 psf which is extremely sellable at this location. Our advise to all interested buyers is to register your interest with us so that we can keep you updated on this new launch.
