Oct 24, 2016

Cory Diary : Forest Woods

Almost 70% (357) units of Forest wood Residence (OCR) has been lodged with URA website. Price range between S$1300~1500 psf sitting on site area of 150,712 sq ft.

When North Park Residence first launched, it was a success too. Both private condos are in prime locations and 12F. I remembered complaining how small the units and felt this will only get smaller considering TDSR limiting the affordability and Land Pricing. So how this been going after more than a year ? Using site area to compute ...

Forest Woods : 150,712 sq ft / 519 units = 290 sq ft / unit
North Park Residence : 442,234 sq ft /  920 units = 480 sq ft / unit

Forest Woods has smaller land mass than North Park Residence by almost 40% ! This is despite North Park Residence has 920 units. So by population density measure we are going to see more people around the blocks.

Will the smaller trend continues ?


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