Upcoming Freehold Development Coming Up Near Beauty World MRT

[JoanTay]

Goodluck Garden 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 land will be used to build Forett at Bukit Timah

Do share any view that you feel about this upcoming development here