{"id":3363,"date":"2024-06-19T09:01:37","date_gmt":"2024-06-19T01:01:37","guid":{"rendered":"https:\/\/lentorcollection.sg\/?p=4485"},"modified":"2024-06-19T09:01:37","modified_gmt":"2024-06-19T01:01:37","slug":"singhaiyi-to-launch-jurong-east-condo-sora-at-average-price-of-s2180-psf","status":"publish","type":"post","link":"https:\/\/pinegroveresidence.sg\/navagrove\/singhaiyi-to-launch-jurong-east-condo-sora-at-average-price-of-s2180-psf\/","title":{"rendered":"SingHaiyi to Launch Jurong East Condo Sora at Average Price of S$2,180 psf"},"content":{"rendered":"<p>A joint venture led by <a href=\"https:\/\/sorabysinghaiyi.sg\/developer\/\" target=\"_blank\" rel=\"noopener\">SingHaiyi<\/a> is set to preview its new condo project, <a href=\"https:\/\/sorabysinghaiyi.sg\/\" target=\"_blank\" rel=\"noopener\">Sora<\/a>, in Jurong East on June 22. The average <a href=\"https:\/\/sorabysinghaiyi.sg\/price-list\/\" target=\"_blank\" rel=\"noopener\">price<\/a> for units in this development will be S$2,180 per square foot (psf).<\/p>\n<p>The developers, <a href=\"https:\/\/sorabysinghaiyi.sg\/developer\/\" target=\"_blank\" rel=\"noopener\">SingHaiyi<\/a> and TK 189 Development, announced on June 18 that <a href=\"https:\/\/sorabysinghaiyi.sg\/price-list\/\" target=\"_blank\" rel=\"noopener\">price<\/a> for the 440-unit, 99-year leasehold project will start at S$1,850 psf.<\/p>\n<p>Sora occupies a site area of 17,834.8 square meters with a gross plot ratio of 2.1. The land was acquired in a collective sale tender in July 2022 for S$260 million, which translates to a land rate of S$1,023 psf per plot ratio.<\/p>\n<p>Located along Yuan Ching Road, <a href=\"https:\/\/sorabysinghaiyi.sg\/\" target=\"_blank\" rel=\"noopener\">Sora<\/a> is adjacent to Jurong Lake Gardens and near the upcoming Jurong Lake District, which is planned to be Singapore\u2019s second central business district.<\/p>\n<p>The <a href=\"https:\/\/sorabysinghaiyi.sg\/floor-plan\/\" target=\"_blank\" rel=\"noopener\">unit types<\/a> and starting prices are as follows:<\/p>\n<ul>\n<li>One-bedroom plus study: 538 to 689 square feet, starting at less than S$1 million.<\/li>\n<li>Two-bedroom: from 646 square feet, starting at S$1.3 million.<\/li>\n<li>Three-bedroom: from 936 square feet, starting at S$2 million.<\/li>\n<li>Four-bedroom: from 1,528 square feet, starting at S$3.05 million.<\/li>\n<li>Five-bedroom: from 1,679 square feet.<\/li>\n<\/ul>\n<p>A significant majority, 80%, of the units at Sora are two- and three-bedroom apartments. The larger four- and five-bedroom units will come with private lifts.<\/p>\n<p>For comparison, Wing Tai&#8217;s <a href=\"https:\/\/thelakegardensresidences.sg\/\" target=\"_blank\" rel=\"noopener\">The LakeGarden Residences<\/a>, also located along Yuan Ching Road, launched in July 2023 with prices starting just under S$2,000 psf. According to caveats data, 40% (119 units) of its 306 units have been sold at a median price of S$1.54 million and a median unit price of S$2,124 psf.<\/p>\n<p><a href=\"https:\/\/thejden.sg\/developer\/\" target=\"_blank\" rel=\"noopener\">CapitaLand<\/a> Development\u2019s <a href=\"https:\/\/thejden.sg\/\" target=\"_blank\" rel=\"noopener\">J\u2019den<\/a> mixed-use development in Jurong East, launched in October last year with prices starting at S$2,100 psf. Over 90% (332 units) of its 368 units have been sold since then, at a median price of over S$2 million and a median unit price of S$2,480 psf.<\/p>\n<p><a href=\"https:\/\/www.businesstimes.com.sg\/property\/singhaiyi-led-group-launch-jurong-east-condo-sora-s2180-psf-average\" target=\"_blank\" rel=\"nofollow noopener\">The Business Times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A joint venture led by SingHaiyi is set to preview its new condo project, Sora, in Jurong East on June 22. The average price for units in this development will be S$2,180 per square foot (psf). The developers, SingHaiyi and TK 189 Development, announced on June 18 that price for the 440-unit, 99-year leasehold project [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3364,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[],"class_list":["post-3363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-property-news"],"_links":{"self":[{"href":"https:\/\/pinegroveresidence.sg\/navagrove\/wp-json\/wp\/v2\/posts\/3363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pinegroveresidence.sg\/navagrove\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pinegroveresidence.sg\/navagrove\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pinegroveresidence.sg\/navagrove\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pinegroveresidence.sg\/navagrove\/wp-json\/wp\/v2\/comments?post=3363"}],"version-history":[{"count":0,"href":"https:\/\/pinegroveresidence.sg\/navagrove\/wp-json\/wp\/v2\/posts\/3363\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pinegroveresidence.sg\/navagrove\/wp-json\/wp\/v2\/media\/3364"}],"wp:attachment":[{"href":"https:\/\/pinegroveresidence.sg\/navagrove\/wp-json\/wp\/v2\/media?parent=3363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pinegroveresidence.sg\/navagrove\/wp-json\/wp\/v2\/categories?post=3363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pinegroveresidence.sg\/navagrove\/wp-json\/wp\/v2\/tags?post=3363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}