PLB New Launch Studio Review - Bagnol Wholesale (2025)

Introduction

• New Year 2025 launch review series.
• Focus on Bagnol Wholesale, a freehold on-block project.
• Bagnol Court was sold for $115 million in 2023.
• Break-even price point approximately $1.9k PSF.
• Developers may aim to sell 20-30% above break-even.

Project Overview

• Freehold project with over 100 units, 100 meters from MRT.
• Located in District 16, near Sengai Bedok MRT station.
• Proximity to future Bedok South MRT station and amenities like food centers and fitness centers.

Unique Aspects of Project

• Flexibility in interior design, no mandatory PVVC materials.
• Ability to customize space by removing non-structural walls.
• Inclusion of AC latch in some floor plans.

Location Highlights

• Close to Laguna National Golf Course and Country Club.
• Surrounded by low-rise condos and landed properties.
• Nearby amenities include food centers, shopping centers, and fitness facilities.
• Close to educational institutions like Temasek Primary School.

Future Developments

• Bayshore Transformation with multiple residential plots.
• Potential Long Island Plan for waterfront living along with eco-friendly enhancements.
• Changi Airport Terminal 5 MRT connectivity.
• Future buyers from nearby HDB upgrades and new residential developments.

Project Details

• Three blocks (811, 813, 815) with 113 residential units.
• Variety of unit types from 1-bedroom to 5-bedroom.
• Facilities include pools, playgrounds, BBQ pits, and gyms.
• Parking includes 90 residential lots and three EV lots.

Pricing and Market Analysis

• Competitive pricing given its freehold status.
• Comparable to existing developments in the area.
• Analysis of nearby projects like Country Park and The Summit.
• Anticipated price range from $1.2 million for one-bedroom units.

Floor Plans

• Various layouts from 1-bedroom to 5-bedroom units.
• Flexibility in space with options for more efficient designs.
• Unique aspects like windowed kitchens and bathrooms.

Conclusion

• Good investment potential with MRT convenience.
• Comparable pricing to leasehold developments.
• Benefits from east coast living and upcoming transformations.
• Contact PLB listing managers for more information.

Additional Information

• Follow PLB on social media for updates and more real estate reviews.