Hoi Hup’s Foresta and three more due to launch this week

The “Foresta” at Mount Faber, a five- storey development with 141 residential flats, opens on Wednesday, May 11.

Other properties set to launch this week as developers rush to put their blocks on sale amid expectations that market prices for residential units will soon correct include Wing Tai Asia’s “Foresque Residences” at Petir; BS Tanjong Katong’s “Interweave”, at Kim Keat and NTUC ChoiceHomes & CEL development’s “Belysa Executive Condo” at Pasir Ris.

The “Foresta”, being in a “highly sought after” District 04 Vivo City Area, spells high rental demand and excellent potential for resale, according to Huttons Real Estate Group which markets the property.

The selling price of the property starts from $18xx psf for a one-bedroom unit of 431 sft. It is in close proximity to the following: Telok Blangah MRT Station; Vivo City and Harbourfront Shopping Mall; Sentosa Integrated Resort and Universal Studio; Pulau Keppel and Keppel Bay, 5 mins drive to Biopolis, One-North and Fusionpolis; Orchard, CBD and Marina IR; and to the future Jurong Gateway.

The “Foresque Residences”, meanwhile, which made VIP previews on April 23 and 24 prior to official launch on Thursday, May 12, has a selling price starting from $ 1173 psf for a one-bedroom unit of 463 sqft.

The property, comprised of 502 residential units, offers tranquil retreat from the bustling city, according to property specialist Brandon Tong of launchingproperty.com. It has easy access to the following: pending LRT which connects to existing North/South Line and the future Downtown Line like Cashew MRT in 2015; BKE/PIE which is just a short drive away and connects to Orchard/CBD/IR in approx 20-30 mins.

The “Interweave”, said to be the “highest concept” in the vicinity where one can enjoy an excellent unblock breath taking city view to Orchard, will have its turn on Friday, May 13.

Owning a unit from the 162 residential flats offered by the “Interweave” is a “rare opportunity” as it holds promising potential for rental and capital appreciation, according to experts from propertylaunch.sg. It is an affordable quantum starting from $5xxK with close proximity to Toa Payoh Estate, Singapore Medical Hub, Whompoa Food Center and Market, Curtin University Singapore, Novena Shopping Mall, Orchard Shopping Belt and to the upcoming Zhong San Park Shopping and Hotel.

The Belysa Executive Condo, with approximately 315 units and located at district 18, also opens on Friday. The selling price for a one-bedroom unit of around 965 sqft is being sold at S$756.48 psf. The Belysa is the first EC to achieve Green Mark Platinum Award – a recognition given to environment-friendly buildings by the Building and Construction Authority.