Commonwealth Towers @ Queenstown is 99-yr leasehold project developed jointly by Hong Leong and CDL. Situated opposite to Queenstown MRT station, Commonwealth Towers is also accessible to nearby Ayer Rajah Expressway. The site has a land area of 130,101 sq ft and maximum gross floor area (GFA) of 637,496 sq ft.
This site was a result of a tender for the sale of a land parcel at Commonwealth Ave in December 2012, raised by Housing and Development Board (HDB) and was awarded to a consortium, Intrepid Investments Pte Ltd, Verwood Holdings and Hong Realty with the top bid of $562.8 million or S$883 psf on the site’s GFA. All three companies are joint venture between City Development Limited and Hong Leong.
Commonwealth Towers is a short drive to Singapore's shopping paradise, Orchard road, Anchor Point, Alexandra Central (U/C), IKEA and the Queenstown shopping centre. Residents will have thus more choices for their shopping needs, movies, dining and having a fun filled evenings.
The site is also close to sports facilities like the Queenstown Stadium, Queenstown Swimming Complex and Queenstown Sports and Recreation Centre. Reputable schools such as Crescent Girls School, Global Indian International school and MDIS are also in proximity.
Expected to have about 845 units, this Queenstown condominium break-even price is projected to be around $1,200 to $1,300 psf, with the selling price expected to be in the range of $1,600 to $1,700 psf. Recent launches in the Alexandra Road area includes Echelon by CDL and Alex Residences by Singland received strong interest from buyers. Based on data from URA, Echelon has an average selling price of $1,768 psf while Alex Residences was reported to be around $1,650 psf.
To find out more about this property and to get first hand information on this project, kindly fill in the contact form attached. Thank you. Or visit www.commonwealth-towers.com
Commonwealth Towers Site Plan
Unit Types
Unit Type
|
Area Range
| |
(sqm)
|
(sq ft)
| |
| 1 Bedroom |
40 - 45
|
431 - 484
|
| 2 Bedroom |
65 - 75
|
700 - 807
|
| 3 Bedroom |
80 - 85
|
861 - 915
|
| 3 Bedroom (w yard) |
95 - 100
|
1023 - 1076
|
| 4 Bedroom |
115 - 125
|
1238 - 1346
|
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