Home    The Gazania (POSSESSION:2022)

The Gazania (POSSESSION:2022)

Property ID: 3956
Singapore,
Singapore
For Sale
New Apartments
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Description

The Gazania

The Gazania SingHaiYi Group Bartley MRT Station
The Gazania How Sun Drive is a new freehold development that is the former Sun Rosier condo located at How Sun Drive right next to Bartley MRT Station. The development is the former Sun Rosier freehold development that was brought over by SingHaiYi Properties and Huajiang International Corporation and represents one of the prime freehold land located right next to Bartley MRT Station in the city fringe area. The plot of land was bought over with an amount of $271m and The former Sun Rosier Condo was built in 1985 and demand for city fringe freehold condos has prompt the developers to submit a bid for the plot of land. There was a total of 4 bids for the plot of land and the bids submitted were very close indicating that the developers were upbeat in their valuation on the property market. The Gazania How Sun Drive is the former freehold Sun Rosier condo that consist of 78 apartment units with a plot ratio of 1.4 and land size of 146,046sqft.

The Gazania Joint Venture Between SingHaiYi Group and Huajiang International
The tender bid came from SingHaiYi Properties which is a 50:50 Joint Venture between Singapore Real Estate Developer SingHaiYi Group as well as Huajiang International. This is a former Sun Rosier Enbloc by Huajiang International is by Chinese tycoon Gordon Tang and his wife Serena. The Gazania Huajiang International represents one of the prized locations for a freehold condominium as freehold new launches tend to be further away from MRT Station. The Gazania condo is located just minutes walk away from Bartley MRT Station in the quiet road of How Sun Drive and represents a timely investment for SingHaiYi Group to enter the enbloc in a upbeat real estate market. The Gazania represents one of the bite size and small quantum development that attract many developers lately and the location and the freehold tenure nature for the plot of land adds more appeal for the plot of land next to Bartley MRT Station. The Gazania enbloc represents another development which the developer has bid higher than the asking price of the owners due to a real estate upmarket. SingHaiYi Properties has submitted a bid of 15{2c19175d818c586e63940618dc27033f324263956188a77f8a47cd2ae131edda} more than the asking price of the owners which consist of 78 units.

The Gazania Sun Rosier Enbloc
The Gazania Singhaiyi Properties former Sun Rosier Enbloc at How Sun Drive has full and unique facilities, which includes a guard house, clubhouse, function room, indoor gym, tennis court, 50m swimming pool, sun deck, BBQ pits & children’s playground. The condo’s facilities provide full family entertainment needs for your family and loved ones. Indulge in a serene and tranquil lifestyle right in the heart of Bartley.

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