The land for the development of the Belgravia Ace cluster houses has been owned by Tong Eng for some time. It is part of the chiefly freehold / 999 leasehold Seletar Hills Estate (District 28), that goes back a long way into the early days of Singapore.
The previously privately-owned plots were acquired by Tong Eng at a much lower price than those which were subject to the recent sales launches last year. However, it’s unlikely they will be selling them at these early prices – especially since prime sites in this area are now being listed in excess of $2 million per plot.
Find out more about past land sale price
Belgravia Ace Price
Estimate S$ 2.8 – S$ 4.4 million
PSF Price: S$ 533 – S$ 2,533
Tong Eng is no doubt looking to profit immensely from the sales at this strata housing development because, after all, they’ve had it for a long time now. As an indication of how much prices may go for, we can look at the last Belgravia Green units that were sold off, which were semi-detached and went at around SGD$3.9 million. Given that these are bigger in size and more preferable as clusters when it comes to building ownership here in Singapore as compared to your typical apartments for instance, it is safe to say that you can expect them to be in the $4 million plus range too!
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The land where Belgravia Ace will stand was once owned by Tong Eng. He purchased the plot almost thirty years earlier, this is a part of the Seletar Hills Estate, which has been around since it first began back in the heyday of Singapore. Mr. Tong Eng acquired the piece of land far below its current market price and no doubt he will be taking a sizable profit from the sales at this condominium cluster development.
As for how much for these strata units, we cannot speculate as to what prices will be given that no figures have been released yet; however we can draw some insight into his previous moves and give the public an idea of what could possibly be expected.
Price For Nearby Condo
Price for Most Expensive Condo In (District 28)
As mentioned earlier, the most expensive condominium in D28 is Parc Botannia, an upcoming 99-year leasehold condominium with an average price of $1310 psf. Location wise, it’s 2 minutes away from Thanggam LRT Station which is 4 stops away from Sengkang MRT Station. This means that it’s pretty accessible to many parts of town! Alongside this, there will also be a community club formed within the condo featuring its own clubhouse building for events and gatherings as well as other utilities like dining spaces and swimming pool.
Who are the developers for Belgravia Ace?
The developer is Fairview Developments (Pte Ltd), It is unit of the Tong Eng Group. They’re going to build bigger, better houses. The fittings and finishes will be of a higher quality, and it will all add up to more value for you.
What are the benefits of living in Belgravia Ace?
Duplex Penthouse – Feature: 4.5m Ceiling Height, Private Lift From Basement To Roof Top, Private Car Port, Double Garage With Electric Opener.
What are the nearby shopping malls nearby Belgravia Ace?
The Compass One mail at Sengkang, NEX mail at Serangoon, and Ang Mo Kio Hub, just 10 minutes drive away to those mall.
What is Belgravia Ace Price?
Estimated Listing Price: 2,875,000 ~ S$ 4,450,000
Estimated PSF Price: S$ 533 – S$ 2,533
Why buy Belgravia Ace?
The Seletar estate is an outstanding residential property that offers buyers an opportunity to get into a brand new home with a price tag that’s more affordable than what’s currently available in the market.
When will Belgravia launch?
Belgravia new launch will estimated launch in Q4 2021 or early 2022.
Who are the developers for Belgravia Ace?
The developer is Fairview Developments Pte Ltd, a unit of the Tong Eng Group.
Fairview Development will create beautiful homes here. They’ll be bigger, and they will continue to demonstrate their commitment to quality in the finishing and fittings used.
How much land will be involved with the new development?
Largest Belgravia Plot 26,990 sqm land, around 5 football field.
Are there any discounts for Belgravia Ace?
Since the price not yet released, we advise directly speak to one of direct developer sales team. Find out latest price and discount of Belgravia Ace.
Nearest MRT stops belgravia ace?
It not near MRT station and is not within walking distance. You could take bus, it just few bus away to Ang Mo Kio and Yio Chu Kang stations, both about 7 stops away to Orchard Road, Raffles Place, and Marina Bay.
The nearest is Fernvale LRT Station (SW5), next to The Seletar Mall, which is only about 2.4km away.
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