The Housing and Development Board has launched a tender for an executive condominium site in Bukit Batok West. The site is located at Bukit West Avenue 8. The estimated cost of the project is S$515 million to S$600 million, but this is only the starting price. The final cost will be decided after the completion of the tender. However, if you are interested in purchasing an EC unit in Bukit Batok, you should keep in mind that you are not affected by the Additional Buyers’ Stamp Duty hike.
The Bukit Batok EC site is estimated to yield between five and six hundred residential units. The developer plans to build a cluster of projects in the area. The proposed development will be a one-to-one executive condominium, which is the ultimate luxury for a busy city. However, the HDB may be unable to approve the first bid, which would be the …