Wood Lands Square at Woodlands Square Road> by Far East will cover a significant stack of small and large strata office units within two 16-storey office towers. With exclusive highlights that are appreciated by many consultants and investors, Wood Lands Square site saw robust bidding with the top offering of nearly $634 million, or $906.29 per square foot.
Due to compulsory conditions in line with the development orientation of Woodlands Regional Centre as a major employment centre in Singapore's northern area in few years to come, Wood Lands Square units will be transacted at a low price compared to other commercial hubs in the vicinity.
This Square at Woodlands Square Road will come with office options that account for 90 percent of gross floor area and at least, 5,382 sq ft must be considered for Children's Area, the rest is set for entertainment needs, retails, food, especially, No units available for residential occupation, as The Urban Redevelopment Authority (URA) stated.
Far East Organization executive director- Chng Kiong Huat revealed that this mixed commercial development will catch an excellent to link to Woodlands MRT Station, Causeway Point, and Johor Baru. At level 1, Office lobby will be connected to retail spaces, go upstairs and lead to sustainable values and environmentally conscious that The Square features with an outdoorsy Children's Centre.
A car-parking is also available at basement level and to facilitate the transit between two Towers, one linking-Bridge is established.
The top bid for Wood Lands Square reflected the developers’ optimistic sentiment for the potential growth of Woodlands Regional Centre. And as some experts said, this first Square dominated by office using will marks a impetuous clear the way for developments in the region.