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A waterfront park will be created at Kallang Riverside Park for community use and exploration

Jan 7

This is Singapore that market-traded property business City Developments Limited (CDL) received an area of Jalan Tembusu GLS site with the highest value of S$768 million or 1300 sq ft of property every plot's proportion (PSF PPR).

Eight bidders have submitted offers for the leasehold site that is situated in Jalan Tembusu, which is situated off Tanjong Katong Road. Jalan Tembusu GLS site is located on a parcel with average of 2.8 and a total area of 209,619 square feet. This is the size of around 640 housing units. This makes it an average-sized construction project. Tembusu Grand is located is located in District 15.

EdgeProp thinks that Tembusu Grand is likely to earn profits of $2120 per square foot, once the construction costs of the land and financing costs for the property professional fees, as well as marketing expenses are taken into consideration.

A single of the major advantages of living on Singapore's East Coast in Singapore is the quick access to everything coastal living provides. The location of the waterfront on area of the East Coast means you get to benefit from the most gorgeous beaches and the natural beauty that the natural world has to offer, all the while enjoying the conveniences from living in clean and sought-after areas. There's a variety of apartments and homes for all budgets and many believe that after a few years of being in this area,, it's hard to move out.

Tembusu Grand situated within The Marine Parade Planning Area, East Coast's most sought-after neighbourhood located close to Tanjong Katong Road This is near to all services and is only 1km from famous schools such as Kong Hwa School, Haig Girl's School and Tanjong Katong Primary School. Within two kilometers , there's CHIJ (Katong) primary school Geylang Methodist Primary School and Tao Nan School.

The property is located approximately 600m from the soon-to be completed station MRT of Tanjong-Kong which is one of Thomson East Coast Line, Tembusu Grand residents will benefit from the ease of mass transportation into the city's central zone in the event that they get the Thomson East Coast Line to become fully operational in 2023. Tembusu Grand is also connected by bus routes which provide an excellent connection to the main zones for leisure and commerce like Paya Lebar Central and Singapore Sports Hub.

If it is offered for buy by 2023 Tembusu Grand will likely be able to compete with Dunman Grand, located on an site that is located close to 100m from the Dakota MRT, as well as the Continuum Freehold Residential property situated on Thiam Siew Avenue, approximately 7 minutes walking distance close to Paya Lebar MRT Interchange and Paya Lebar Regional Centre.

The confidence developers trust in the residential market of Singapore is evident from how much demand is there for latest property sales on Singapore's City fringe, according to Ms Tricia Song, the head of research at CBRE Southeast Asia.

It's not secret that we've become extremely dependent on our MRT that we've agreed to as a method to fulfill our daily needs. It is believed for it will be the Thomson East Coast Line (TEL) stations, which stretch from Stevens up through to Gardens by the Bay are scheduled to be open on November 13th by 2022. This is in keeping with the announcement by the Land Transport Authority (LTA) which was made last Friday (7 October 2022).

To mark the station's debut, public will be permitted to travel on an unrestricted train on 11th November, between the stations. The distance is 13.2km. To assist commuters to get acquainted with the stations, a welcoming ceremony will be held in November 11, and 12 two days prior to the day that stations open.

Stations will connect commuters who are using the TEL to the existing MRT line, LTA said in a briefing to the media. The homes of more than one80,000 residents will all be within a 10 minute stroll from each of the 22 TEL stations once they are functional.

Because of their introduction, Outram Park and Marina Bay stations will be upgraded into three-line stations. Because of the connections made to Outram Park for the East West line in addition to joining the North East line, as along with Stevens connection directly to the Downtown Line, TEL is now connected to each MRT Train that runs through Singapore.

The LTA announced that the station opening will enhance the endurance of that of the Singapore MRT lines. Singapore MRT lines can ease tension on lines such as those on the North South Line, where sections of it run on exactly the same route that are TEL.

prior to its official debut, 9 TEL stations which stretch from Woodlands North to Caldecott, were launched in two phases between January 2020 through the month of August in 2021. Following the official launch of stage 3 there are still two more stages to go which will consist of 10 stations spread from Founders Memorial to Sungei Bedok.

THE LONGEST PARK SINGAPORE

If you love to be outside in the sunshine and enjoy the sun, then you'll love living in the Singapore's East Coast due to the East Coast Park, which is one of the most sought-after destinations within Singapore. The renowned East Coast Park is Singapore's largest beach park. It's definitely an enjoyable event that everyone can enjoy, such as jogging as well as cycling and barbecuing. Also, you can take a stroll on the beach.

MYRIAD OF AMENITIES TEMBUSU GRAND

The Katong neighborhood is where to explore Parkway Parade, 112 Katong, Marine Parade Food Centre, Dunman Food Centre, and many more different and intriguing restaurants, shops and historic buildings that surround that stretch along the Joo Chiat conservation house. Peranakan shops and eateries can be found within areas like the Joo Chiat enclave. Joo Chiat enclave, that isn't common in other areas in Singapore.

Malls such as PLQ, KINEX, and SingPost Centre Katong are situated on the west on the eastern coast. They are located near the Paya Lebar Interchange, that is an integral part to the Regional Center and house an assortment options for commercial, F&B alternatives to Tembusu Grande citizens.

The hinterlands have Peranakan restaurants and shops in these areas. They aren't as common as other regions in Singapore. These regions are located in the hinterlands and are located close with the urban area and very popular with foreigners wanting to experience the traditional Peranakan lifeor reside inside one of these gorgeous stores.

TANGJONG KATONG COMPLEX

Tanjong Katong Complex will be closed for renovations starting with the second quarter of years 2023. In a press release released in 2023 it was announced that the Singapore Land Authority (SLA) said that the complex would be closed and renovated extensively . Plans are being made to expand the floor area.

SLA announced that, while designing the huge work of renovating they had taken in comments from citizens as well as suggestions to preserve this structure. The project is scheduled to run 3 years produce an area that will be able to accommodate food establishments, as well as additional space to host community gatherings at the famous Tanjong Katong Complex.

SLA stated that the other benefits include the expanded menu of drinks and food items available at the complex, there is also the creation of additional space for social events, the plan is to increase the appeal of the surrounding area. The aim is to enhance the vibrancy of the area and bring people to the area which extends from the development and all the way to Kampong Ubi Community Centre. Kampong Ubi Community Center, to create an exclusive space. It is expected that to open in the coming months. New Tanjong Katong Complex is likely to bring more excitement to the area and boost its reputation as a distinct place for entertainment and culture to everyone.

3 other malls for shopping include Parkway Parade, Roxy Square and Katong Plaza Each of that has its own distinctive story , which has been an integral part of Singapore's market for many years during the time that Singapore has grown. Parkway Parade. The recently revamped I12 Katong is location of popular local restaurants such as Malaysia Boleh and Signature KOI as well as modernists such as Scoop Whole Foods and Climb Asia.