Please see the below for the transactions summary for District 23 Condos near to Montville. As can be depicted from the graph, prices for condominiums in District 23 around Bukit Batok near to Montville has been held steady and is on the uptrend. This would mean that buyers who are looking for a property investment over the long term will find Montville to be an attractive and viable investment option.
Montville Condo Indicative Pricing
Qingjian Realty submitted a top bid of $301.2 million for the plot of land which is located near to Jurong East. There were other developers who place a bid for the plot of land as well which can potentially yield 400 residential units. It is noted that Montville Residences condo has a plot ratio of 3 and the tender drew 11 bids for the plot of land.
Also, it is generally noted that the site is in close proximity to Jurong East and there are government plans to promote redevelopment plans to the Jurong area. Therefore, Montville condo which is situated a few minutes drive and just 1 MRT Stop away will stand to gain from the development potential around the area. The development is just 1.8km away from the Jurong Lake District.
There is also plans for high density HDB flats to be built around the Bukit Batok site and this would mean more amenities and facilities for residents of the development. Montville Residences future plan is exciting as it is just a short drive away to Jurong East. Also, the future master plan note that there will be many other facilities located near to the development at Bukit Batok West Avenue 6.