| | Location makes all the difference at Boon Keng
Weekend • September 15, 2007
The views from the three 40-storey blocks of flats will be of Orchard Road, Kallang River and the Central Business District. The builders promise sizable balcony space for residents to enjoy the "electric, urban cityscape".
Located next to an MRT station and five minutes away from Dhoby Ghaut, the second batch of privately built Housing and Development Board (HDB) flats will, understandably, be more expensive than the first, in Tampines.
The 714 flats to be built at the junction of Bendemeer and Boon Keng roads will probably be launched in January, says developer Hoi Hup Realty, who won the tender a few months earlier for HDB's Design, Build and Sell Scheme.
Under the scheme, private developers are responsible for the entire process of a public housing development.
While condominium-style finishes are promised, as it was for The Premiere, the scheme's pilot project, location will be a big draw — and difference — in this case.
"This is almost a city-living kind of concept. Of course, as you can see from the successful tender price ($170 million; $234 per sq foot), there's a difference in pricing," Hoi Hup director Wong Chee Herng told 938Live, adding that the company was still working on the final pricing.
The Premiere's flats were priced between $308,000 and $450,000 for five-room units.
The facilities at Boon Keng include a park, playground, senior citizen's corner and barbecue terrace. All units have a bathroom that can be retrofitted for wheelchair users and the elderly. |
