The Atelier @ Newton (Makeway Ave)

A New Launch Condo Development, The Atelier is coming your way at Newton Makeway Ave, formerly known as Makeway View.

Makeway View located on Makeway Avenue, off Kampong Java Road in prime District 9 was sold en bloc for $168 million. The buyer was Singapore-listed property group Bukit Sembawang Estate, and the purchase price translates to a land rate of $1,626 psf per plot ratio (ppr), including a development charge of $21.26 million.

This is the second en bloc purchase by Bukit Sembawang this month. On March 16, the developer acquired the 117-unit, 99-year leasehold Katong Park Towers en bloc for $345 million ($1,280 psf ppr).

Located in prime District 9, The Atelier (Makeway View) sits on a 41,582 sq ft, freehold site zoned for residential use under the 2014 Master Plan. The site has a gross plot ratio of 2.8, and could potentially be redeveloped into a 21- or 22-storey residential block with a total of 154 units, assuming an average size of 70 sq m.

Things you might want to know more about The Atelier @ Newton (Makeway Ave) District 9

The Atelier @ Newton (Makeway Ave) Brochure
The Atelier @ Newton (Makeway Ave) Showflat
The Atelier @ Newton (Makeway Ave) Location
The Atelier @ Newton (Makeway Ave) Floor Plan
The Atelier @ Newton (Makeway Ave) Price PSF
The Atelier @ Newton (Makeway Ave) Developer Sale
The Atelier @ Newton (Makeway Ave) VIP Preview

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