The new addition to Bukit Sembawang Estates Limited's portfolio is the Makeway View at Makeway Avenue. The condo project is now named The Atelier.
The Atelier appealing for capital gains.— The launch of a new condo project named The Atelier was announced by the acquisition firm, Bukit Sembawang Estates Limited. The Makeway View at Makeway Avenue was successfully acquired through an en block sale for $168 million, which includes development costs, projected at $21.26 million. A purchase of a property in the Core Central Region today is expected to increase in value in the future, making
The ten-storey building consisting of 28 apartments and 4 penthouses were originally developed in the late 1980s. They are situated in the prime District 09. Bukit Sembawang plans to develop the site into residential apartments which feature communal facilities. The Atelier condo will require approval by respective authorities, but plans call for development to a 21 or 22 storey apartment building which features 154 units with an average size of 70 sqm.
This upcoming real estate project will allow its residents to enjoy a spectacular 180-degree view of the city and its beautiful greenery without any distractions. The Atelier is well situated close to prominent schools such as St Joseph’s Institution Junior, Anglo-Chinese School (Barker Road) and Anglo-Chinese School (Junior). The property is also a walking distance (400m) from Newton MRT station.
The easy access to various amenities is another appealing feature of the planned development. Newton is bordered on the west by Tanglin, on the east by Rohor, on the north by Novena and the south by Orchard. The strategic location of District 09, allowing its residents to access any part of Singapore, makes it a popular destination among Singaporeans as well as expatriates. The site offers unlimited shopping and dining options due to proximity to Newton Food Centre, Novena Square, United Square and the renowned Orchard Road shopping belt. Commutes to other parts of the City are easy and convenient.
Location map https://goo.gl/maps/wdPK2dJoxpK2
Release ID: 470672