Singapore Artra condo by FEC Skyline, a piece of vacant land with a planned future swanky and modern condominium development went on public tender sale recently by Urban Redevelopment Authority. It is on a 99 year leasehold with total site area of about 445,000 square foot in size, sold at the staggering price of over $840 per square foot including everything. Based on market observers, it is due to the attractiveness of the site locale that garnered so many bidding interests over this land parcel.
According to the specifications, Artra condo by FEC Skyline will be a mixed project featuring a commercial podium on the ground floor. Including a childcare centre, novelty retail shops, restaurants, cafes and a huge supermarket for the residents. It is also sitting next to the great redhill mrt station and it is so good to the extent of being just 5% difference on the bidding margin between the top few bidders on this land. It certainly is a champion site by default.
FEC Skyline is Far East Consortium International and is a subsidiary from Tang Group of Companies. Better known for their reputation in the hospitality segment and you know you won’t be disappointed by their premium quality of work even if it is in a residential segment.
The artra development will be featuring a lot of the smart living systems for the residents as well as having a full condominium facility within the property. It includes a long swimming pool overlooking the main road and station, a rare green tennis court for you to smack away your blues, an indoor airconditioned gym so that you won’t sweat that much and sky gardens for your quiet moment when you needed it after a tiring day from work.
Apart from having more than 20,000 square foot of commercial space at your own backyard, you can also travel to the city centre in a quick fashion either by driving or by taking the major public transport right at your doorstep. You are only a few stations away to Orchard Road, the major shopping destination recognised by the tourists worldwide.
It has already been put on sale by the developer, offering a wide layout config for home buyers. Allowing you to have a choice of being a retail investor or being a proud home owner within Artra condo. If you’ve not seen the development showflat, we strongly encourage you to have a trip arranged as soon as possible. Do not miss this golden opportunity if you’re looking to purchase something during this Chinese New Year period.