Geylang Condo Singapore - A prime location in the quiet District 15.
Geylang Condos Singapore News - The joint venture between Hoi Hup Realty and Sunway Developments has acquired the Thiam Siew site, a parcel of land between Tanjong Katong Road and Haig Road at Thiam Siew Avenue, Tanjong Katong D15, in Singapore.
Geylang Condo Singapore with a prime location in the quiet District 15
The $815 million deal, through a competitive bidding process, Geylang Condos will enable the joint venture to acquire ownership of two parcels of land destined for residential development. The site has an area of 263,794 square meters and a lot rate of 2.8, according to the 2019 URA Master Plan.
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Considering the estimated purchase price and development cost is around 284 million USD, the land price is approximately 1,488 USD/m2. Including 7% of the estimated balcony area, or about $39.3 million, the land price is $1,440 psf ppr.
According to the project developers, two luxury high-rise complexes with more than 800 residential apartments will be built on the site. Due to its strategic location in District 15, the project is expected to receive a warm welcome in the market.
Two renowned property developers have joined forces in a joint venture to strengthen their presence in Singapore's CBD. This location will allow them to capitalize on the potential of the area and provide their guests with a comfortable living space and unparalleled convenience.
Furthermore, thisGeylang Condo Singapore is only a 10-minute drive from the Central Business District and Suntec City. Access to good roads such as Dunman Road, Tanjong Katong Road, Haig Road and neighboring highways provides efficient connections to major Singaporean cities.
The Continuum is a rare opportunity for investors and young families yearning for unparalleled connectivity and unparalleled convenience. The apartments will be well equipped and have all the essential amenities.
Future owners of The Continuum can look forward to a stress-free life living in this mature and strategic neighborhood. Tanjong Katong is rich in culture and offers residents seamless access to their daily needs.
Whether you're looking for a place to stay alone or with family, this Continuous Review will help you learn more about the facilities and location.
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