Verticus @ Balestier Singapore

An upcoming new launch condo development is coming your way at balestier, Verticus (formerly known as Kemaman Point) located at 5 Jalan Kemaman. Soilbuild Group Holdings has acquired the Kemaman point, now known as Verticus, in a recent en bloc sale. This is after the developer submitted a winning bid of S$143.88 m.

According to Knight Frank, the marketing agent, each of the owners of Verticus residences is set to receive between S$1.4 million and S$2.32 million proceeds from the sale. With a max GFA of 122,711 sq ft, the cost of redeveloping the Verticus site to a GPR of 2.8 translates to S$1,173 psf ppr.

The site where Verticus condo is to be developed comprises of 89 apartment units in one block ranging between 79 sqm to 159 sqm with a total site area of about 4,071.5 sqm (around 43825 sq ft). It is sited near Jln Kemaman with access to a plethora of desirable amenities. Toa Payoh MRT is around 0.8km from Verticus with Novena MRT and Boon Keng MRT only 1 km and 1.4 km away respectively.

The upcoming high-rise development is set to enjoy unobstructed views of Jalan Kemaman. Once completed the demand for the units is expected to be high with the limited supply of units around the area.

Balestier properties are situated in an buzzy area that is packed with amazing amenities which delivers utmost convenience to its residents. If you are looking forward to moving to a new home, then there are plenty of reasons why you might want to consider the Verticus that is situated in this part of Singapore.

While Balestier is one of the oldest neighbourhoods in Singapore that trace back to the colonial era, it has gone through great transformations. When you live here, everything is right at your doorstep. From schools, shopping centres, restaurants, recreational centres, hospitals, name them. Transportation is at its best which enable residents to get to various points with much ease.

Project Name : Verticus

District : 12

Developer : SB (Kemaman) Development Pte. Ltd.

Address : 5 Jalan Kemaman Singapore 329325

Tenure : Freehold

No of Units : 162 units

Land Area : 122,711 soft

Things you want to know more about Verticus @ Balestier District 12.

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