Twin Vew is a 99-years leasehold development located at West Coast Vale near to the Jurong Lake District. There were a total of 9 bidders for the site and China Construction Development won the tender with a bid of $292 million for the residential development rights of the plot of land. The location as well as the number of bids for the plot of land reflects optimism for the location due to its proximity to Jurong as well as other parts of Singapore. Also, bids for the plot of land were close with MCC Land submitting a bid of $289.9 million making Twin Vew West Coast Vale one of the most closely contested plot of land in the Government Land Sales Programme. Twin Vew Condo is located in a private residential enclave in District 05 and is just minutes away from Jurong East.
Twin Vue Condo West Coast Vale
Even though the top bid of $592 psf ppr by China Construction Development was higher than what analysts have predicted, the recent pick up in the property market have made Twin Vue a seemingly better investment compared to other properties. The recent pick up in the primary market as well as enbloc sales by developers shows that developers are confident about the real estate market in Singapore. Developers also have seek to replenish their land banks as the Government Land Sales are limited for the various developers. Some of the other bidders for West Coast Vale site include Allgreen Properties, Sim Lian Land and a Far East Organization and Sekisui House tie-up. Despite the number of units for the plot of land, the relatively small bite size quantum is easier to stomach for small to medium size developers which explains the higher than expected number of bids as well for the plot of land.
Twin Vew China Construction Development
Twin Vew is the last plot of land to be sold in 2016 under the Government Land Sales Programme and it is noted that the bite size quantum for the plot of land meant that newer developers were also interested to secure the land for residential development. Twin Vew Condo sites on an residential enclave of private developments after Parc Rivera by EL Development and is relatively close to shopping malls such as Jurong East Mall (JEM), West Gate Shopping Centre as well as JCube. The development is also close to Sungei Ulu Pandan as well as Pandan Reservoir.
Why Twin Vew West Coast Vale
This must be the question lingering in your mind from an investor’s point-of-view. Coming to the point, in addition to the reasons stated above, given below are the reasons that make properties in or nearby Clementi can be a profitable opportunity for investment:
- Hassle-free availability of transportation services all the time.
- State-of-art healthcare medical or healthcare facility for residents.
- Location of primary and secondary schools, colleges and universities.
- Many more shopping centers are not far away.
- Dine-out places for people to enjoy meal with their families.
- Community centers and clubs etc.
- Places of worship and entertainment are also nearby.
Why Twin Vew Condo by China Construction Development (South Pacific) Co
Twin View Near to Established Schools and Shopping Centres
Twin Vew China Construction Co is also near to established schools in Jurong East and Clementi region. Established schools such as Qifa Primary School, Tanglin Secondary School as well as Nan Hua Primary School are also located around in the area. For parents looking for international schools, Japanese Kindergarten as well as The Japanese Secondary School is also located around near to Twin Vew. Other schools around the area in Clementi Town include Clementi Primary School as well as Clementi Secondary School. Pre School Developments such as Galilee Kindergarten, Calvary Pandan Kindergarten and the Hasanah Mosque Kindergarten are also located around the area.
Real Estate Market Picking up Near to West Coast Vale
Twin Vew also represents another plot of land which has a lower quantum compared to other plots of land making newer developers as well as small cap developers easier to manage. This also might have explained the higher than expected number of bidders for the plot of land located at West Coast Vale. Also, West Coast Vale is becoming an private residential enclave and the last successful launch was Parc Riviera by EL Development which is fully sold.
Amenities Near to Twin Vue West Coast Vale
Some of the popular places nearby The Clementi Mall are The Clementi primary School, Clementi Town Secondary School, The Japanese School, Singapore Institute of Management, National University of Singapore, Clement Shopping Center, Fong Sang Nasi Lemak, Niqqi’s Cheese Prata, Clementi Town Centre, Ang Chee Sia Ong Temple, Clementi Bible Centre, Darussalam Mosque, Clementi Theatre and Clementi bookshop etc.
These landmarks also make this area good for investors to buy properties for resale purpose.
Recently, some resale flats in or nearby The Clementi Mall have been resold at the value of more than $1 million. It is a new record for resale properties. This special deal was for 116 sq m flat on the 18th storey. It was closed at $1,005,000.
So if you are also a property investor seeking out perfect opportunity, it is high time for you to think about investing in resale residential units in or nearby The Clementi Mall to earn huge financial profit.
Twin Vue Located at Private Residential Enclave
In terms of the facilities around the area, Twin Vew is located in a private estate, meaning that whilst you may not find shops within direct walking distance, you will be able to get to Clementi Central or even Jurong East where you’ll be able to find plenty of services. As above, the block is situated right in front of Ayer Rajah Expressway and there’s a bus stop on either side of the Expressway meaning that you can catch a bus to either of the two shopping areas. Many eateries, libraries and shopping centres are located in the two areas so they’re definitely worth checking out.
For school going children, Twin Vew is carefully positioned amongst a whole range of established schools. You can take your kids to Nan Hua Primary, Qifa Primary, Clementi Secondary and more which is a few minutes drive away. There are options for both boys and girls in reputable schools dedicated to offering the best education to children.
Twin Vew Jurong East and Clementi
A wonderful and unique lifestyle awaits you at Twin Vew West Coast Vale. The floor plans are designed for different family sizes as well as different investors appetite. Please see Twin Vew site plan and floor plans for more information.