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Project Name: iNz Residence
Location: Choa Chu Kang Ave 5
Description: 9 Blocks of 15 & 16 Storey Apartments with Landscape Deck, Sky Terrace, Communal Facilities & One Common Basement Carpark
Developer: Qingjian Realty (Choa Chu Kang) Pte Ltd
Tenure: 99 years
No. of Units: 497 Residential Units
No. of Carpark Lots: 497 lots + 4 Accessible Lots
Site Area: 16,386.10 sqm
Expected Date of TOP: 23 Aug 2019
Expected Date of Vacant Possession: 23 Aug 2022
iNz Residence Ec is a brand new Executive Condominium jointly developed by Qingjian Realty, Suntec Property Ventures and Bohai Investments (Sengkang). The latest EC development is located along Choa Chu Kang Avenue 5 and Brickland road of District 23. The site attracted an unexpected number of interests with 11 bids from hopeful developers despite expects deeming it as mediocre.
The 1.64 hectare Choa Chu Kang Avenue 5 site bidding closed off in July 2015. All bids are considered modest with top bid of $156.157 million emerging as winner by Qingjian Realty’s joint venture to be developed as iNz Residence EC Choa Chu Kang. This was 6.6 percent higher than the next highest bid of about $145 million by TID residential, a collaboration between Hong Leong Holdings and Mitsui Fudosan.
The sale price of the EC site translates to $295.12 per square foot per plot ratio (psf pr), hence, the iNz Residence EC price is expected to be more affordable as compared to the nearby projects Wandervale EC @ Choa Chu Kang Avenue 3 and Sol Acres at Choa Chu Kang Grove. It is also worthy to note that during the land sale in the first half of 2015, it is the sole executive condo site to be offered in the Government Land Sales (GLS) programme. With the only 3 EC launches in year 2017, iNz Residence EC Choa Chu Kang should see healthy demand from buyers.
The site has a plot ratio of 3.0 which will see 497 residential units in 9 blocks of 15 and 16 storey apartments. The iNz Residence EC will also feature a Landscape Deck, Sky Terrace, Communal Facilities and a single level basement car park.
Why iNz Residence ?
* Located Right Next To Tengah Forest Town – Singapore’s Newest & Largest Smart, Sustainable Town
* Close Proximity To Jurong Innovation District & Minutes’ Drive to Jurong Gateway.
* Seamless Connectivity To Shopping, Dining & Entertainment Amenities e.g JEM, JCUBE, Westgate, IMM, Jurong Point
* Near Bukit Panjang Integrated Transport Hub (complete in 2017) with an air-conditioned bus interchange seamlessly linked to Downtown Line MRT station (DT1)and LRT Station (BP6). Direct train to City Centre.
* Close To Major Integrated Healthcare facilities in the West e.g Ng Teng Fong General Hospital & Jurong Community Hospital
* Near To Choa Chu Kang MRT Station, Lot 1 Shopping Mall, Junction 10 Shopping Mall & Bukit Panjang Plaza
* Close Proximity To Prestigious Schools – Choa Chu Kang Primary, De La Salle School, Bukit Panjang Government High School, Pioneer Junior College, NUS High, River Valley High, Dulwich College & NTU
* Easy Island-wide Access Via Major Expressways e.g KJE, BKE & PIE
* Be Part Of The Jurong Lake District Transformatio (2nd CBD in Singapore)
DOWNLOAD iNz Residence FLOORPLAN
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6610 6140 / 9846 9648
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