Makeway View sold to Bukit Sembawang Estates for $168 million
Local developer Bukit Sembawang has purchased the District 9 freehold development of Makeway View through an en bloc sale in March 2018.
The price of the purchase is S$168 million.
Makeway View is located just 400 metres away from Newton MRT station, and is close to the 3 famous primary schools of SJI (Junior), ACS (Pri) and ACS (Junior).
Bukit Sembawang will develop a 120-unit condo named The Atelier at the former site of Makeway View.
Besides buying Makeway View, Bukit Sembawang also purchased Katong Park Towers in the same month of March 2018.
Katong Park Towers is a 99-year leasehold condo in District 15, just 3 minutes walk from Katong Park MRT station.
A new luxurious condo named Liv@MB will be developed on the site of the Katong Park Towers. The condo will have 298 apartments, comprising of 1 – 4 Bedrooms.
Source: https://www.straitstimes.com/business/property/makeway-view-sold-to-bukit-sembawang-estates-for-168-million
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