Riverfront Residences Condo Price – En-Bloc Price By Oxley-Lian Beng
|LAND LOCATION||SUCCESSFUL SALE PRICE||PSF PER PLOT RATIO||GROSS PLOT RATIO|
|344 Hougang Avenue 7 (FORMER RIO CASA)||$575,000,000||$706||2.8|
Guidelines For The Price Related To The New Upcoming Launch Riverfront Residences @ Hougang Ave 7:
Developers need to make an extraordinary item that is of incentive to the purchasers, and that they have to create healthy profit levels for their investors. Following is the technique to get a decent gauge of their costs.
Riverfront Residences Price List
The regulatory costs incorporate staff expenses and office rents. While deals and promoting costs incorporate show level building costs, commission for land organizations, publicizing the development, attorney expenses for conveyancing. Fund costs are the interest cost paid to the back foundations for financing the improvement. While overall revenue is the level of benefits that the designer makes for the improvement. The additional total of all the previously mentioned costs will get the evaluated dispatch cost on a psf basis.
Riverfront Residences Selling Price
For the site of Forest woods which is S$710 per square foot (psf) per Gross Floor Area (GFA). Development costs, including engineering configuration, is about $350 psf for a mass market townhouse. Adding them will give you get the base cost. Take 30% of the base cost that will cover alternate costs and benefits for the property developer. This sum up to $318 psf. An expected launch cost will aggregate up to be $1,378.
Likewise, for the site of Queens Peak which is S$871 per square foot (psf) per Gross Floor Area (GFA). Development cost is about $350 psf for a mass market townhouse. Adding them up will give you get the base cost. Taking 30% of the base cost will cover alternate costs and benefits for the property developer. This adds up to about $366 psf. An expected launch cost will sum up to be $1,587.
Riverfront Residences Hougang Pricing
These are the estimate price which rely upon the fluctuation of the land cost. The property developer will do their engaged market examination or comparative marketing analysis and price against their adversaries remembering the ultimate objective to offer their units. Development costs moreover change from the $350 psf used as a part of our estimation. Extravagant condominiums can cost up to $450 psf to create and more luxurious flat suites that will have a higher value.
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