The Singapore-based real estate firm CDL submitted proposals on a leasehold property along Jalan Tembusu
Singapore market-traded property company City Developments Limited (CDL) was awarded a Jalan Tembusu GLS site with the highest value of $768 million, or 1300 square feet of property each plot's proportion (PSF PPR).
Eight bidders have made offers to leasehold site that is located within Jalan Tembusu, which is located just off Tanjong Katong Road. Jalan Tembusu GLS site is situated on a plot with an the average of 2.8 and the total area is 209,619 square foot. It is approximately 64 housing units. This is an average-sized development scheme. Tembusu Grand is located is situated in District 15.
Tembusu Grand is located about 600m away from the soon to be finished station MRT of Tanjong-Kong which is part of the Thomson East Coast Line, Tembusu Grand residents will benefit from the convenience of public transportation to the city's central area should they are able to get access to the Thomson East Coast Line to start operating fully in 2023. Tembusu Grand is also connected with bus lines that offer great connectivity to the major zones of business and leisure like Paya Lebar Central and Singapore Sports Hub.
One advantage of living in the East Coast in Singapore is the easy access to all that coastal living offers. The location of the waterfront part of that East Coast means you get to enjoy the most stunning beaches and the beauty the world offers as well as getting the benefits of the clean, sought-after regions. There's a range of homes and apartments to suit all budgets. A lot of people think that after a couple of years there it's difficult to move away.
If available for purchase by 2023 Tembusu Grand will likely be capable of competing against Dunman Grand, located on an site which is just 100m away from the Dakota MRT, as well as the Continuum Freehold Residential property located in Thiam Siew Avenue, approximately 7 minutes walk from the property close to the Paya Lebar MRT Interchange as well as the Paya Lebar Regional Centre.
EdgeProp believes the Tembusu Grand is likely to make gains of 2120 dollars per square feet when the cost of construction for the land, as well as financing costs for property professional fees and marketing costs are considered.
Tembusu Grand is located inside The Marine Parade Planning Area East Coast's most sought after neighborhood, located near Tanjong Katong Road This is close to all amenities and only 1km away from the most renowned schools like Kong Hwa School, Haig Girl's School and Tanjong Katong Primary School. Within two kilometers , you'll find CHIJ (Katong) Primary School Geylang Methodist Primary School as well as Tao Nan School.
The trust developers put on the market for residential properties in Singapore is evident by the high demand for the latest property transactions on the City fringe, as per the Tricia Song, who is the director of the research department in CBRE Southeast Asia.
It's not a secret that we've become incredibly dependent on the MRT we've made a deal to in order to satisfy our daily requirements. It is believed that it to become that the Thomson East Coast Line (TEL) stations, which run from Stevens all the way the Gardens by the Bay are scheduled to be operational on the 13th of November in 2022. This is in line with the announcement of the Land Transport Authority (LTA) on Thursday (7 Oct. 2022).
In celebration of the station's launch public access will be granted to travel in an unrestricted train on the 11th of November connecting the two stations. The distance is 13.2km. To help commuters get acquainted with the stations the station's welcome ceremony will take place on November 11 and two days before the day stations are scheduled to are scheduled to open.
Stations connect commuters taking TEL to connect TEL to the current MRT route, LTA said in a briefing to journalists. The homes of more than 180,000 people will be just a 10-minute walk from each of 22 TEL stations when they become operational.
Due to their launch, Outram Park and Marina Bay stations are set to be upgraded into three-line stations. Because of the connections made to Outram Park for the East West line, as well as being connected to that line to the North East line, as together as Stevens link directly with that line directly to Downtown Line, TEL is currently connected to each MRT Train that passes throughout Singapore.
LTA announced that the station's opening will improve the endurance of line. Singapore MRT routes. Singapore MRT lines are able to alleviate tension on lines , such as ones on lines like the North South Line, where portions of it operate along the exact same route that is in the network of TEL.
before its formal launch, 9 TEL stations, which extend between Woodlands North to Caldecott, were launched in two stages from January 2020 until the month of August 2021. Following the official launch of stage 3, there are two stages left that will comprise 10 stations that will be spread across Founders Memorial to Sungei Bedok.
THE LONGEST PARK SINGAPORE
If you're a fan of being out in the sun and soak up the sun, then you'll enjoy living on area of Singapore's East Coast due to the East Coast Park, which is among the most sought-after spots in Singapore. The famous East Coast Park is Singapore's largest beach park. It's definitely a fun event that everybody will enjoy, like running, cycling and barbecuing. You can also take a stroll along the beach.
MYRIAD OF AMENITIES TEMBUSU GRAND
Katong neighborhood is the place to go for a stroll. Parkway Parade, 112 Katong, Marine Parade Food Centre, Dunman Food Centre, and many other unique and fascinating restaurants, shops, and buildings with a rich history the Joo Chiat conservation house. Peranakan shops and eateries are located in the vicinity of those in the Joo Chiat enclave. Joo Chiat enclave, which isn't found elsewhere in Singapore.
Malls like PLQ, KINEX, and SingPost Centre Katong are situated on the west side of the east shoreline. They are situated near the Paya Lebar Interchange, that is an integral component of the Regional Center and house an variety of commercial and F&B options for Tembusu Grande citizens.
In the hinterlands, you will find are home to Peranakan stores and restaurants in these regions. They aren't as popular as other areas within Singapore. These areas are in the hinterlands. They are near the city and are popular with foreigners who want to enjoy the traditional Peranakan life or stay in one of these stunning shops.
TANGJONG KATONG COMPLEX
Tanjong Katong Complex Tanjong Katong Complex closed for renovations from The second quarter in 2023. In an announcement in 2023, it was revealed in 2023 that Singapore Land Authority (SLA) announced it would close and extensively renovated . Plans are underway to increase the floor space.
SLA has announced while they were designing the massive work of renovation they have taken into consideration comments from residents and also suggestions to protect the design. The project is expected to last three years, and create a space that can be able to accommodate restaurants, in addition to space for gatherings of the community at the renowned Tanjong Katong Complex.
SLA explained that other benefits are the increased menu of beverages and food items that are available in the complex. There is also the possibility of creating additional spaces for social events The goal is to enhance the attraction of the region. The goal is to increase the vibrancy of the region and draw visitors to the region that is located from Kampong Ubi Community Centre up until the Kampong Ubi Community Centre. Kampong Ubi Community Center, to provide a unique space. It is expected to begin operating in the next few months. The brand new Tanjong Katong Complex is likely to increase the excitement in the region and increase its image as a distinctive destination for entertainment and culture for all.
3 additional malls that are shopping-friendly comprise Parkway Parade, Roxy Square and Katong Plaza Each of that is unique to itself that has been a major element of Singapore's marketplace for years, throughout the years that Singapore has expanded. Parkway Parade. The recently updated I12 Katong is home to famous local eateries such as Malaysia Boleh and Signature KOI and also modernists like Scoop Whole Foods and Climb Asia.