The Woodleigh Residence Condo Price – Land Price By SPH and Kajima

Date Tender LaunchDate Tender ClosedDate Tender AwardedLand ParcelStreet NameLand Area (sq m)Permissible GFA / (GPR)Successful Tenderer’s NameTender Price
6/3/201713/6/201721/6/2017Bidadari P1Upper Serangoon Road25,440.8089,043 sqm / (3.5)Elara 1 Pte. Ltd. And Callisto 1 Pte. Ltd.$1,132,000,000
The Woodleigh Residences Final Developer Bid price

The Woodleigh Residence Condo Price – List of Developers Bids

RankingTenderer NameTender Bid ($)
1Elara 1 Pte. Ltd. And Callisto 1 Pte. Ltd.$1,132,000,000
2Far East Civil Engineering (Pte.) Limited and Sekisui House, Ltd.$1,117,777,777
3First Meyer Development Pte. Ltd. and GLL A Pte. Ltd.$1,060,000,000
4Kingsford Huray Development Pte Ltd$1,035,000,000
5Blossom Commercial Development Pte. Ltd. and Blossom Residential Development Pte. Ltd.$958,089,288
6Sim Lian (Focus) Pte Ltd & Sim Lian (Treasure) Pte Ltd$939,999,999
7PQJ Retail Management Pte. Ltd. (as trustee – manager of PQJ Retail Trust) and PQJ Residential Development Pte. Ltd.$919,998,000
8Nanshan Group Singapore Co. Pte. Ltd.$906,800,006
9Zenmost Developments Pte. Ltd. And Zenlead Investments Pte. Ltd.$905,807,755
10CEL Unique Development Pte. Ltd.$863,810,000
11FCL Residences Pte. Ltd. and KH Capital Pte. Ltd.$834,000,000
12Soilbuild Group Holdings Ltd$774,488,000
The Woodleigh Residences Interest Registering

The Woodleigh Residences Condo Price – Nearby Condo Prices

Condos Around District 13 (Upper Serangoon)Average PSF For The Past 6 Months TransactedImplied Rental Yield
8 @ Woodleigh$1,284.103.37%
Blossoms @ Woodleigh$1,258.902.67%
Parc Mondrian$1,148.902.76%
R Maison$1,291.002.62%
Nin Residence$1,242.503.14%
Sennett Residence$1,050.20N.A
The Poiz Residences$1,328.70Under Construction
The Woodleigh Residences Price, The Woodleigh Residences Showflat, The Woodleigh Residences Location

The Woodleigh Residences Condo Price – Estimated Launch and Guide Price

The most expensive component of a condo unit is the land cost. Next is the construction costs that gets higher as the condo unit gets luxurious as well. Consider all related costs such as administrative costs, finance costs, marketing expenses, and profit margin of the developer. After that, you can now determine an initial selling price of the condo unit.

Next, you can now take the 30% of the initial selling price of the condo that should be covered by the developer’s profit and expenses.
This includes the administrative costs, as what we’ve mentioned above, that refers to the staff costs and such.
The marketing expenses that covers the real estate agencies hired by the developer, the building costs, an advertisement for the available condo unit for sale.
The finance costs refer to the interest expense paid to the financial institutions that are dedicated to the financing department and the profit margin for the developer that he can use to develop the unit further. Adding them all can help you come up with the estimated launch price base on the per square foot.

Take note that this is NOT NOT the final selling price. Developers will priced the launch according to comparison market analysis, market sentiment etc.

To take advantage of the latest information about The Woodleigh Residences, you can register early.

  • $psf
  • Land cost
  • Construction cost
  • Expenses and profit margin
  • Estimated launch price
  • $psf
  • $1,181
  • $350
  • $459
  • $1990
The Woodleigh Residences Estimated Launch Price