This large condominium redevelopment project, in a first rate suburban area could be on the market soon with all the units available for sale at once. Authoritative words in the industry indicates that the present owners of Shunfu Ville, Marymount Road, an ex HUDC estate, have obtained consents to the necessary level required for launching the Bellewaters EC.

Bellewaters EC in Sengkang

The development has a seventy year lease. It is situated on an approximate 409,000 square foot site, very near the Marymount MRT Circle Line station.

The site’s owners are expected to get over $700 million Singapore, meaning a unit Bellewaters EC price just more than S$800 per square foot ppr. This figure is inclusive of two payments which the buyer must make to the government, one premium allowing them to build a larger project on the plot and one to increase the site’s lease to ninety nine years. …