Given the response of J Gateway which was launched on 28 June, Analyst predict that the response for Jurong West Street 41 condo will also be excellent.
The area of the land measured 22,357.3 square metres closed with a tender price of $438,888,000. The top bid my MCL Land will is 3.3% higher than the second highest bidder UOL. Property consultants estimated that the selling price of the development will be estimated between $1,250psf to $1,350psf.
Given the new TDSR restrictions on property loans, analysts predict that the response for the Jurong West Condo will be strong as most buyers will be looking for more affordable units to consider.
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