City Developments Limited bid the highest price for the Jalan Tembusu GLS site
When Tembusu Grand joins the Thomson East Coast Line, which is slated to begin operating in full in 2023, they will benefit from the ease of public transportation that connects them to central areas of the city. The Thomson East Coast Line's Tanjong Kong MRT station, which is located here, is only 600 meters from Tembusu Grand. Tembusu Grand also has access to bus lines, which provide the finest connectivity to commercial and entertainment areas like Paya Lebar Central and Singapore Sports Hub.
Tembusu Grand has accessibility to the many benefits of living in a coastal area is only one of the advantages of living in Singapore on Singapore's East Coast. The East Coast's location along the waterfront allows you to take advantage of the benefits of living in a sought-after community as well as enjoying stunning nature as well as beaches. There are plenty of properties and homes that could be tailored to a variety in spending budgets. A lot of people think it's hard to leave after a couple of years.
The Marine Parade Planning, the wealthiest neighborhood on the East Coast, contains Tembusu Grand, which is close to Tanjong Katong Road. The most well-known schools, such as Kong Hwa School, Haig Girl's School, and Tanjong Katong Primary School, are only a short distance away.
Tembusu Grand will be able to compete with Grand Dunman, which is situated on a location only 100 meters from Dakota MRT, as well as the Continuum Freehold Residential property, which is situated in Thiam Siew Avenue, if it is sold before 2023.
The distance between the property and the Paya Lebar Regional Centre and MRT Interchange is only 7 minutes.
It's no secret that we've become more dependent on MRT we've signed the contract with to help us fulfill our needs on a daily basis. According to reports, the Thomson East Coast Line (TEL) stations that stretch from Stevens to and toward The Gardens by the Bay are set to start operating on the 13th of November in 2022. This will be in conjunction with the announcement by the Land Transport Authority (LTA) on the 7th of October (7 October. 2022).
In Singapore the public real estate company City Developments Limited (CDL) was offered Jalan Tembusu GLS. Jalan Tembusu GLS site, which is the highest priced in the region of $768 million, which is 1.300 square feet (PSF PPR).
EdgeProp thinks that it is probable to be the case that Tembusu Grand is expected to earn 21,20 cents for every square foot, if the cost of the construction of the land, as well as the cost of financing to fund property advertising and fees for professional services are considered.
Eight bidders have submitted offers for leasehold site situated in Jalan Tembusu located in the district of Tanjong Katong. It is located close to Tanjong Katong Road. Jalan Tembusu is located close the Tanjong Katong Road. site is located on a parcel of land with an average size of 2.8 The total surface of the parcel is 209,619 square. feet. This is about 64 units of housing. It's a common scale construction scheme.
As was stated by the LTA in a press release, these stations link commuters who use TEL to the current MRT train line. When they are in operation, each of the 22 TEL stations is merely 10 minutes walk from homes with more than 180,000 people living there.
Before the official launch, the nine TEL stations, that stretch from Woodlands North to Caldecott, were officially launched in two phases beginning in January 2020 and will continue until the end of August 2021. Following Stage 3's launch event there's two stages left which are composed of 10 stations which are divided beginning at Founders Memorial to Sungei Bedok.
If you're a lover of a day in the sun and soaking the sun's rays, you'll be awestruck by the beauty in the Singapore's East Coast Park, which is one of the most sought-after places located in Singapore. The renowned East Coast Park is Singapore's largest beach park. It's a great opportunity to be involved in, such as running, cycling and barbecuing. It is also possible to walk along the beach for a stroll.
Katong neighborhood is an excellent area to stroll around. Parkway Parade, 112 Katong, Marine Parade Food Centre, Dunman Food Centre and many more interesting and unique structures, restaurants, and stores with a long time line. Joo Chiat conservation house. Peranakan restaurants and shops could be found near Joo Chiat enclave. Joo Chiat enclave.
Malls such as PLQ, KINEX, and SingPost Centre Katong are situated on the western side of the shoreline from the east. They are situated near the Paya Lebar Interchange, that is an integral element that is a vital part of the Regional Center and house an assortment of commercial and F&B options for the Tembusu residents of Grande.
The hinterlands are where in the hinterlands discover Peranakan cafés and shops in these areas. The areas aren't as crowded as other regions within Singapore. They're situated in the inner regions. They're close to the city , and are a popular destination for foreign tourists who wish to experience traditional Peranakan way of life or visit one of the numerous stunning shops.
Tanjong Katong Complex Tanjong Katong Complex was shut down for renovations that began in the second quarter of 2023. In 2023, in an announcement the announcement was made by The Singapore Land Authority (SLA) announced that the complex would be shut down and undergo major improvements.