Artist's impression of the 24-unit Baywind Residences at Lorong N Telok Kurau (Credit: Baywind Properties)
SINGAPORE (EDGEPROP) - Joint venture partners mainboard listed food company ABR Holdings and construction group LWH Holdings, announced late on Sunday, May 22, that they have sold seven out of the 24 units at Baywind Residences. Average price of units sold was $2,025 psf. The highest price of $2,143 psf was achieved for a 969 sq ft, 3+1 bedroom unit that was sold for $2.077 million.
The freehold site of 18,507 sq ft is an amalgamation of three sites at 93B, 93C and 95 Lorong N Telok Kurau was purchased en bloc by the joint venture partners for $23.6 million in Dec 2020. The upcoming five-storey development comprises 24 units of 3+1 and 4+1 bedroom apartments, each featuring a multifunctional room. Given the unit types, the project is targeted at owner occupiers. (See potential condos with en bloc calculator)
Artist's impression of a unit at Baywind Residences (Credit: Baywind Properties)
“Buyers were all Singaporeans, and mostly young families looking for a prime property in District 15 that is situated near good schools and amenities,” says Jason Lin, director of real estate development and Investments, LWH Holdings.
Baywind Residences is located within 9-minute walking distance to the upcoming Marine Terrace MRT Station on the Thomson-East Coast Line. It is also within 1km of popular and reputable primary schools such as Ngee Ann Primary School, CHIJ Katong Primary School and Tao Nan School. Nearby parks and recreational spots include the Siglap Park Connector, Telok Kurau Lorong N Park, Telok Kurau Park, and East Coast Park.
The project is scheduled for completion by the end 2025.