Long queue for CapitaLand's Bedok Residences

CapitaLand, Southeast Asia's largest property developer, will only launch its latest condo project tomorrow, but a long queue has already started forming outside the project's showflat since Sunday. Located in Bedok Town Centre, Bedok Residences is part of a 15-storey integrated development comprising residential units, a shopping mall and a transportation hub linked to Bedok MRT station. The 583-unit condo offers a mix of one-, one-plus-study, two-, three- and four-room apartments, as well as penthouses.  The developer said prices of the units have not been finalised. However, according to The Business Times, agents have noted that prices could start from S$1,250 psf for the smaller units and S$1,150 psf for the larger apartments. CapitaLand hopes the location will ensure good take-up. Wong Heang Fine, CEO of CapitaLand Residential Singapore, expects strong demand for Bedok Residences, "given its strategic location in one of the most popular residential estates in Singapore and unparalleled connectivity to various parts of the island." "Sitting atop a shopping mall and transportation hub, we believe Bedok Residences will rejuvenate the Bedok residential estate and enjoy the exuberance and convenience of the lively Bedok Town Centre," he said. CapitaLand is jointly developing the entire project with its retail unit, CapitaMalls Asia. For the latest property news, trends, resources and expert opinions, visit our property news section. Home buyers, sellers or property renters looking for a Singapore property may like to visit http://www.propertyguru.com.sg today. 

More from PropertyGuru:
Waterfront destination officially opens in Punggol
Condo units at The Palette snapped up in preview
Over 40% of Belvia units snapped up
The Green in Brisbane launches in Singapore