Lush Acres Executive Condominium (EC) – The latest Lush Acres EC that will be launched in Sengkang, is located along Sengkang West Way / Fernvale Link.
Lush Acres EC is 99 leasehold which comprises of 3 blocks of 25-storey and 1 block of 22-storey apartments and is a short walk away from Layar LRT and Kupang LRT stations.This 99-years Leasehold EC in District 19 comprises of 380 units and is equipped with full condominium facilities. Lush Acres EC is targeted to complete in 4th quarter of 2016.
The upcoming Seletar Mall will be ready before the TOP of Lush Acres. Together with Fernvale Point and Greenwich Village, they are conveniently located to serve the daily shopping and dinning needs of the residents.
While prices have yet to be officially released, Lush Acres will be “competitively priced with affordability in mind”, said City Developments (CDL) group general manager Chia Ngiang Hong in a statement
Unit sizes range from 915 sq ft for a three-bedder to 1,722 sq ft for a five-bedroom unit.
The project is near the Layar LRT station, the Greenwich V mall and the upcoming The Seletar Mall.
CDL’s Verspring Properties lodged a bid of $135 million for the 151,781 sq ft site last November, which works out to $296.50 per sq ft (psf) per plot ratio (ppr). It pipped five other bids including JBE Development’s $134.9 million offer – or $296.20 psf ppr – which it edged out by a whisker.
Analysts said last year that the break-even price is expected to be between $560 and $610 psf, and the estimated selling price is likely to range from $670 to $720 psf.
The project consists of three 25-storey blocks and one 22-storey block.
Some units will have a “balcony entrance” allowing people to enter the living room via the balcony, which “simulates the entrance experience of landed living”, CDL said yesterday.
The project will also have an “Agri-Cube hydroponic farm… that allows residents to try their hand at growing fresh vegetables by utilising hygienic hydroponic technology in a conducive, cool environment”, the developer added.