Upper Thomson, Seletar Expressway, Ang Mo Kio, Central, Singapore, 787934, Singapore

For Sale - Apartment, Condominium, Residential

Upper Thomson GLS (Parcel B) 2029 Year Built

Springleaf Residence refers to Upper Thomson GLS (Parcel B). It offers a unique blend of nature and convenience. Nestled beside a 30-hectare forest, this 941-unit development boasts unobstructed views of the Central Catchment Nature Reserve and is a mere 2-minute sheltered walk from Springleaf MRT station on the Thomson-East Coast Line.

Upper Thomson GLS Land Bid

In Upper Thomson, a government land plot recently went up for tender. Interestingly, only one bidder submitted a bid. This bid was jointly put forward by well-known developers GuocoLand and Hong Leong Holdings. The tendered price was about S$780 million, or S$904.60 per square foot per plot ratio (psf ppr)

Encompassing 32,023.7 square meters, Springleaf Residence features a maximum gross floor area of 80,060 square meters, to accommodate 941 private residences.

Neighbourhood Transaction

Adjacent to this location lies The Essence condominium. Acquired in February 2018 for S$43.95 million on a 99-year leasehold, this translates to S$681 psf ppr. Recent data from URA Realis reveals that a unit of 818 square feet sold in January for S$1.3 million, or S$1,638 psf.

Lentor Cluster

Springleaf Residence (Upper Thomson GLS (Parcel B)) conveniently sits near the rapidly developing Lentor Hills neighbourhood. Additionally, the URA has already sold six land plots in this area, indicating its burgeoning growth. These developments include Lentor Modern, Lentor Hills Residences, Hillock Green, Lentoria, Lentor Mansion, and Lentor Central (Parcel B).

This situation highlights the ever-changing nature of real estate development in the area, where predictions sometimes differ from reality. Moreover, it demonstrates the intricate relationship between supply, demand, and investor confidence. As the project progresses, homebuyers will closely watch its impact on the urban landscape and alignment with market trends.

Upper Thomson Land Parcel Location

Springleaf Residence (Upper Thomson GLS (Parcel B)) is strategically located within the Yishun Planning Area, bordered by Upper Thomson Road and the Seletar Expressway (SLE). Specifically designated for residential development, it is nestled within an established neighborhood characterized by low-density private housing. Moreover, its proximity to Springleaf Forest enhances its appeal, offering residents a serene environment surrounded by lush greenery and diverse wildlife.

This site was located near the former Nee Soon Village, which functioned as the North’s commercial hub until the early 1980s. Over time, it has evolved into an integral part of the tranquil and green Springleaf Identity Node, blending history with modern convenience. Today, it seamlessly integrates with the surrounding shophouses along Upper Thomson Road, providing essential amenities that cater to the needs of the neighborhood.

Springleaf Residence benefits from excellent rail connectivity, thanks to its proximity to the Springleaf MRT Station on the Thomson-East Coast Line (TEL). Additionally, residents enjoy seamless access to major roads and expressways, including the Seletar Expressway (SLE), Sembawang Road, and Upper Thomson Road, ensuring smooth and convenient travel across the island.