Rest of Central Region (RCR) Archives - New Homes Official Launch | (65) 6100 6339 https://officiallaunch.com.sg/property-city/rest-of-central-region-rcr/ Featuring Your New Homes © 2024 Thu, 30 May 2024 10:04:03 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://officiallaunch.com.sg/wp-content/uploads/2024/05/cropped-Officiallaunch-Logo-2024-Black-32x32.jpg Rest of Central Region (RCR) Archives - New Homes Official Launch | (65) 6100 6339 https://officiallaunch.com.sg/property-city/rest-of-central-region-rcr/ 32 32 Emerald of Katong (Jalan Tembusu Condo) https://officiallaunch.com.sg/property/emerald-of-katong/ Wed, 01 May 2024 09:51:00 +0000 https://officiallaunch.com.sg/?post_type=property&p=5839 Emerald of Katong, situated along Jalan Tembusu road, received a top bid of $828.8 million from Sim Lian Group, translating to $1,069 per square foot per plot ratio (psf ppr). This bid narrowly surpassed the next highest bid of $828 million, or $1,068 psf ppr, from a joint venture between City Developments Limited (CDL) and...

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Emerald of Katong, situated along Jalan Tembusu road, received a top bid of $828.8 million from Sim Lian Group, translating to $1,069 per square foot per plot ratio (psf ppr). This bid narrowly surpassed the next highest bid of $828 million, or $1,068 psf ppr, from a joint venture between City Developments Limited (CDL) and Frasers Property, indicating a shared valuation of the site.

Factsheet

ProjectEmerald of Katong
DeveloperSim Lian Group
Unitsest. 846 units (1 Bedroom + Study to 5 Bedroom)
Storeyest. 6 blocks of 18/19/21 storeys
Site Area20,572.1 m² | 221,438 sqft
Maximum GFA:72,003 m²
Gross Plot Ratio3.5
Lease Period99 Years
Jalan Tembusu Condo Factsheet
Emerald of Katong Location
Emerald of Katong Location
Emerald of Katong Location Map-officiallaunch-61006339

Emerald of Katong is located along Jalan Tembusu within the Marine Parade Planning Area. It is situated near the upcoming Tanjong Katong MRT station along the Thomson East Coast Line, future residents would be able to tap into the convenience of mass rapid transit and enjoy easy access to the city centre.

Tanjong Katong MRT

This Condo is also well served by bus services that provide good connectivity to key commercial and recreational nodes such as Paya Lebar Central and Singapore Sports Hub. Amenities such as eateries along Tanjong Katong Road and educational institutions such as Chung Cheng High School, Tanjong Katong Girls School, Tanjong Katong Secondary School, and Tanjong Katong Primary School are also within easy reach by foot.

Tanjong Katong Station of the Thomson East Coast Line Stage 4 is expected to open on 23 June 2024. By then, it provides future residents with good connectivity to Changi Airport, the Central Business District and the East Coast Region.

Personal feel:

Given that this is the second land parcel sale after the Tembusu Grand, developers will be more cautious about bidding for this land. However, this does not mean that it will deter developers from bidding for this Jalan Tembusu land parcel.

Firstly, the depleting inventories. developers need to acquire new parcels to keep their business going. Secondly, with rising en-bloc costs, developers will then need to source for other alternatives like bidding for Government land sales. Thirdly, the charm of the Katong area will attract developers to come and get it, due to its convenience and endless amenities What’s more, this condo is within walkable distance to the upcoming Tanjong Katong MRT.

We will advise homebuyers to register the interest to stay tuned.

Officiallaunch | Register Interest

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Emerald of Katong 1.3050339572365,103.89800548553,18 Jalan Tembusu, Marine Parade, Southeast, 439970, Singapore D15 - Katong, Joo Chiat, Amber Road Rest of Central Region (RCR) For Sale Condominium Residential Air-Conditioning Balcony Cooker Hob/Hood Corner Unit High Floor Intercom Low Floor Renovated Swimming Pool Swimming Pool View Water Heater
Zion Road GLS (Parcel A) https://officiallaunch.com.sg/property/zion-road-gls-parcel-a/ Fri, 05 Apr 2024 09:01:00 +0000 https://officiallaunch.com.sg/?post_type=property&p=6223 Exploring CDL’s Bid for Zion Road GLS Parcel A: Market Insights In a significant move, a joint venture led by City Developments (CDL) has submitted a bold bid of $1.1 billion for a prime plot in Zion Road Parcel A, marking the pioneering Government Land Sales (GLS) initiative for long-stay serviced apartments. However, industry analysts...

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Exploring CDL’s Bid for Zion Road GLS Parcel A: Market Insights

In a significant move, a joint venture led by City Developments (CDL) has submitted a bold bid of $1.1 billion for a prime plot in Zion Road Parcel A, marking the pioneering Government Land Sales (GLS) initiative for long-stay serviced apartments. However, industry analysts have raised concerns over this singular bid for Zion Road Parcel A, citing a land rate of $1,202 per sq ft per plot ratio (psf ppr) that falls below market expectations, indicating CDL’s cautious approach despite the promising opportunity to diversify its rental property portfolio.

Market Dynamics: Analyzing Participation and Bids

Experts note a consensus regarding the subdued participation and bids for Zion Road GLS Parcel A and other sites, attributing it to escalating risk aversion among developers. Economic uncertainties, sluggish new home sales, interest rate fluctuations, and regulatory cooling measures contribute to this trend. The single bids received on April 4 are termed as “conservative,” particularly for the Zion Road plot, despite its inherent attractiveness.

Comparative Insights: Evaluating Land Rates and Market Trends

Drawing comparisons with past GLS transactions nearby, analysts question the viability of the Government awarding the Zion Road GLS Parcel A given its relatively lower land rate. For instance, the land rates achieved for Jiak Kim Street and Irwell Bank Road plots far exceed the bid for the Zion Road site, raising doubts among industry observers.

Perspectives on Future Development and Market Impact

While uncertainty looms over the awarding of this land site, industry experts anticipate potential benefits in rejuvenating the supply of serviced apartments in the area. The prospect of tapping into a new source of recurring income and gaining a competitive edge as an early mover in this segment offers promising opportunities for developers.

Challenges and Considerations: Sizeable Plots and Market Dynamics

Analysts point out the reservations among developers regarding the sizeable plot of the Zion Road GLS Parcel A, coupled with its land price and the impending influx of new private home supply from adjacent GLS sites. These factors contribute to a cautious sentiment prevailing among industry players.

Strategic Vision: CDL’s Ambitious Plans for Zion Road Development

Should CDL and its joint venture partner Mitsui Fudosan (Asia) secure the Zion Road GLS Parcel A, ambitious plans for a mixed-use project are in the pipeline. This envisioned development comprises residential and commercial spaces, showcasing CDL’s commitment to innovative urban solutions and market-leading ventures.

In conclusion, the bidding dynamics for the Zion Road GLS Parcel A provide valuable insights into the evolving landscape of Singapore’s real estate sector and the strategic maneuvers of key players like CDL in navigating market uncertainties and seizing lucrative opportunities.

Zion Road GLS register Interest

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Zion Road (A) 1.29016224077,103.8338470459,16 Zion Road, Tanglin, Central, Singapore, 248307, Singapore D3 - Queenstown, Tiong Bahru Rest of Central Region (RCR) For Sale Apartment Commercial Residential Shop
Piccadilly Grand Condo https://officiallaunch.com.sg/property/piccadilly-grand/ Tue, 27 Apr 2021 20:01:22 +0000 https://officiallaunch.com.sg/?post_type=property&p=5219 Piccadilly Grand is the new condo that is situated at Northumberland Road. Project Piccadilly Grand Condo Developer CDL and MCL Units est. 408 units Architect TBA Site Area 8,700 m² Maximum GFA: 36,540 m² Gross Plot Ratio 4.2 Lease Period 99 Years Blocks est. blocks Storeys est. up to 23 storeys It’s the first residential Government Land...

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Piccadilly Grand Condo Location

Piccadilly Grand is the new condo that is situated at Northumberland Road.

ProjectPiccadilly Grand Condo
DeveloperCDL and MCL
Unitsest. 408 units
ArchitectTBA
Site Area8,700 m²
Maximum GFA:36,540 m²
Gross Plot Ratio4.2
Lease Period99 Years
Blocksest. blocks
Storeysest. up to 23 storeys

It’s the first residential Government Land Sales (GLS) tender for this year. This is a plum site in the Ferrer Park area. This site attracts 10 bids from the developers and a robust bid price that showed the developer’s hunger for the land.

City Developments (CDL) and Joint Venture partner MCL Land emerged as the top bidder at $445.9 million, this translates into $1,129 per sq ft per plot ratio (psf ppr).

Piccadilly Grand Condo is expected to develop into a mixed-use project comparing 408 residential units of up to 23 storeys and commercial retail space. There will be infant care and childcare centre on the ground floor.

Analysts say that the new project at Northumberland Road Condo may be launched at between $1,900 – $2,300 psf. (source: straits times)

Latesst News

Preview Timeline: Q1 2022

📍 Great Accessibility: being along the fringe of the CBD with direct access to Farrer Park MRT 🚆

🛒 Great Convenience: right at your doorstep. Commercial @ #1. Min walk to City Square Mall and Mustafa Centre 🛍

🏫 Reputable schools such as SJI, St Margaret, Hong Wen and Farrer Park Primary!

>>>Register Your Interest Here<<<

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Northumberland Road Condo 1.3105426,103.8517405,15 Northumberland Road, Kallang, Singapore, Central, 218575, Singapore D8 - Little India Rest of Central Region (RCR) For Sale Commercial Condominium Residential Shop Air-Conditioning Balcony City View Cooker Hob/Hood Corner Unit Ground Floor High Floor Intercom Lawn Low Floor Maidsroom Renovated Swimming Pool Swimming Pool View Water Heater
Carpmael Thirty-Eight https://officiallaunch.com.sg/property/carpmael-38/ Sat, 27 Jun 2020 18:21:39 +0000 http://officiallaunch.com.sg/?post_type=property&p=4934 🏠🔝JUST TOP 🔝🏠 CARPMAEL THIRTY-EIGHT 🗝Immediate Occupation 🗝 Pack your Luggage & Move In ! TOP Obtained‼️Unbelievable Price at $1500psf‼️Freehold and Mins Walk to Paya Lebar MRT‼️ Sole Marketing by Huttons 🚨 LAST 3BR PH 🚨 (SOLD)FreeHold in D15 @ only $1,905,843($1,500psf) Contact: (65) 6100 0339 For Booking / Text: (65) 8666 3339 For More Details Register your interest...

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Carpmael 38 TOP (65) 6100 0339

🏠🔝JUST TOP 🔝🏠

CARPMAEL THIRTY-EIGHT

🗝Immediate Occupation 🗝

Pack your Luggage & Move In !
TOP Obtained‼
Unbelievable Price at $1500psf‼Freehold and Mins Walk to Paya Lebar MRT‼

Sole Marketing by Huttons

Carpmael 38 Location (65) 6100 0339

🚨 LAST 3BR PH 🚨 (SOLD)
FreeHold in D15 @ only $1,905,843($1,500psf)

Contact: (65) 6100 0339 For Booking / Text: (65) 8666 3339 For More Details

Register your interest here

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Carpmael 38 1270 3 3 2020 1.3131437620709,103.89782829464,18 38 Carpmael Road, Geylang, Southeast, 429781, Singapore D15 - Katong, Joo Chiat, Amber Road Rest of Central Region (RCR) For Sale Apartment Residential 2 Stories Air-Conditioning Balcony Cooker Hob/Hood Corner Unit Intercom Renovated Swimming Pool Water Heater
77 @ East Coast https://officiallaunch.com.sg/property/77-east-coast/ Sat, 27 Jun 2020 05:43:23 +0000 http://officiallaunch.com.sg/?post_type=property&p=4895 TIMELESS | CHIC | MODERN | FREEHOLD Immerse yourselves in the rich heritage of the East, where quaint shophouses dot the streets, and where you are greeted with Peranakan cuisines and artisanal cafes. Green sanctuaries and scenic coastal walks at East Coast Park offer just the right respite from a day’s work. 77 East Coast...

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TIMELESS | CHIC | MODERN | FREEHOLD

77 East Coast (65) 6100 0339

Immerse yourselves in the rich heritage of the East, where quaint shophouses dot the streets, and where you are greeted with Peranakan cuisines and artisanal cafes. Green sanctuaries and scenic coastal walks at East Coast Park offer just the right respite from a day’s work.

77 East Coast Condo Location Map

77 East Coast is located very near to the upcoming Siglap MRT Station, approximately about 600m. This upcoming MRT station is part of the Thomson-East Coast Line which will link all the way from North, bypass Siglap and towards Changi Airport.

The completion is expected to be in 2023, one year after the expected completion for 77 East Coast development. This will greatly improve the convenience of the residents around the vicinity and enhance the rentability in 77 East Coast condo.

Why Buy 77 @ East Coast?

Freehold, Exclusive 41 Units only

Charming Colonial Black & White Architecture

Efficient Layout – No Balcony

41 Residential Units Comprises of 1/2/3/4 BR + Shops + Food & Beverages

Mins walk to Siglap MRT (U/C)

Mins to Siglap Centre. Amenities & Eateries

Contact: (65) 6100 0339 For Booking / Text: (65) 8666 3339 For More Details

Register your VVIP here

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77 East Coast 506 1 1 2022 1.3133052808199,103.92734167624,18 Upper East Coast Road, 455218, Singapore D15 - Katong, Joo Chiat, Amber Road Rest of Central Region (RCR) For Sale Apartment Commercial Residential Shop Air-Conditioning Cooker Hob/Hood Intercom Renovated
One Pearl Bank https://officiallaunch.com.sg/property/one-pearl-bank/ Sun, 21 Jul 2019 07:36:17 +0000 http://officiallaunch.com.sg/?post_type=property&p=1244 One of the new iconic building in not just Outram area, but perhaps across the Singapore property market. Sitting on the top of Pearl Hill, One Pearl Bank will be the tallest building in Redhill/Outram area. Project Name One Pearl Bank Developer Capitaland Address 1 Pearl Bank District 3 Tenure 99 Years Leasehold Expected Date...

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One of the new iconic building in not just Outram area, but perhaps across the Singapore property market. Sitting on the top of Pearl Hill, One Pearl Bank will be the tallest building in Redhill/Outram area.

Call 6100 0339 For Booking

One Pearl Bank Factsheet

Project NameOne Pearl Bank
DeveloperCapitaland
Address1 Pearl Bank
District3
Tenure99 Years Leasehold
Expected Date of TOP19 February 2023
Total No. of Units774
Total No. of Blocks & Storeys2 Towers of 39-Storey
Site Area82,377 sqft
No. of Car Park Lots620 Lots + 5 Accessible Lots
Design ArchitectSerie + Multiply Consultants Pte Ltd
ArchitectRSP Architects Planners & Engineers Pte Ltd
LandscapeRamboil Studio Dreiseitl

One Pearl Bank Unit Mix

Unit TypeSize (sqft)No. Of Units
Studio431140
1 Bedroom527 – 570175
2 Bedroom700 – 893280
3 Bedroom1098 – 1281140
4 Bedroom1399 – 143235
Penthouse2626 – 27884

Register your interest and to secure a unit at One Pearl Bank, simply call (65) 6100 0339 or drop a text to (65) 8666 3339. This project is really beautiful, worthwhile to book a unit there.

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One Pearl Bank 431 1 1 2023 1.2828572423882,103.83955914527,15 Pearl Bank, Chinatown, Outram, Singapore, Central, 59816, Singapore D3 - Queenstown, Tiong Bahru Rest of Central Region (RCR) For Sale Condominium Residential
Margaret Ville (悦景苑) https://officiallaunch.com.sg/property/margaret-ville/ Sat, 20 Jul 2019 23:21:38 +0000 http://officiallaunch.com.sg/?post_type=property&p=1312 Another premium development by MCL Land. Located in District 03 and along the Margaret Drive. Exclusively only 309 units. If quality is something that you are looking at right now, perhaps Margaret Ville will be one of your better choices. Margaret Ville Factsheet: Project Details Margaret Ville Developer MCL Land (Regency) Pte Ltd Location 20...

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Another premium development by MCL Land. Located in District 03 and along the Margaret Drive. Exclusively only 309 units. If quality is something that you are looking at right now, perhaps Margaret Ville will be one of your better choices.

Call 6100 0339 for booking

Margaret Ville Factsheet:

Project DetailsMargaret Ville
DeveloperMCL Land (Regency) Pte Ltd
Location20 Margaret Drive, Singapore 149312
TenureLeasehold 99-years from 13 March 2017
Expected T.O.P.31 December 2021
Expected Legal Completion31 December 2024
No. of Blocks/ Storeys40 storeys
Total No. of Units309 units
Site AreaApprox 51,775 sq ft (4,809.8 sq m)
Car Park Capacity247 carpark lots and 3 handicap lots
Unit Types/ Maintenance Fees$58 per share (estimated)
ArchitectArchitects 61 Pte Ltd
Main ContractorTPS Construction Pte Ltd
Structural EngineerKCL Consultants Pte Ltd
M &ERankine & Hill (S) Pte Ltd
Quantity SurveyorDavis Langdon KPK (S) Pte Ltd
Landscape ConsultantTinderbox Pte Ltd
Conveyance SolicitorDentons Rodyk & Davidson LLP

Margaret Ville Units Mix:

TypeTypical Unit Size (sq ft)Unit Nos.%
A11 Bedroom46339
A21 Bedroom + Study52739
B12 Bedroom65739
B22 Bedroom70039
B32 Bedroom + Study82936
C33 Bedroom91539
C23 Bedroom96939
D14 Bedroom118439
  • TRANSPORTATION: 4.0/5

If you are working in the Pasir Panjang, One North or Current CBD, then you will appreciate how near is Queenstown to all the above-mentioned working place.

Located quite near to Queenstown MRT station, you can easily take a stroll to MRT. From Queenstown MRT, it takes you only 5 stops to Raffles Place. It takes only 2 stops to Buona Vista, the interchange between East-West Line and the Circle Line.

  • AMENITIES: 4.0/5

Queenstown is no lack of amenities. It is one of the earliest towns in Singapore history. If you’re looking for nice food, then you should not miss Mei Ling Food Centre.

The coffeeshop will be within a short walk. Located at the opposite blocks, the Dawson Hawker Centre will be ready in 2020, just nice before the residents in Margaret Ville move in.

  • RENTABILITY4.5/5

Because this is only one bedroom, chances that this could be one of your investment properties. Tenants will love the place because of the distance to the MRT, already existing amenities and eateries nearby.

Take a look at Commonwealth Tower (CWT), which is just right next to Queenstown MRT. This project is TOP in 2017, which is the benchmark for the rents in the Queenstown area.

DateAddressArea (sqft)BedroomsMonthly Rent (S$)
May 19CWT400 to 50012,400
May 19CWT400 to 50012,500
May 19CWT400 to 50012,600
May 19CWT400 to 50012,400
May 19CWT400 to 50012,600

Source: EdgeProp (May 2019)

The average rent for one bedroom in Commonwealth is transacted at about $2,500. Assuming ceteris paribus, $2,500 per month translates into 3% rental yield or $5.39 psf, which is quite a decent number to look at.

Wait no more, come and take a look at this awesome project name “Margaret Ville”. Give us a call at (65) 6100 0339 or drop us a text at (65) 8666 3339. Happy to see you take action and take action now.

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Margaret VIlle 974700 463 1 1 2021 1.2994752369156568,103.80281656980516,15 20 Margaret Drive, Queenstown, Singapore 149312 D3 - Queenstown, Tiong Bahru Rest of Central Region (RCR) For Sale Apartment Condominium Residential Air-Conditioning Balcony Cooker Hob/Hood High Floor
Stirling Residences (尚景苑) https://officiallaunch.com.sg/property/stirling-residences/ Mon, 08 Jul 2019 21:12:08 +0000 http://officiallaunch.com.sg/?post_type=property&p=1053 Impressive District 03 Property. One of the most undervalued properties on the market. 3 mins walk to Queenstown MRT. Units are sold every day. Stirling Residences Factsheet Project Stirling Residences Developer Logan Property & Nanshan Group Address 21 Stirling Rd, Singapore Site Area 227,223 sqft Unit Type 1BR, 1+S, 2BR, 2+S, 3BR, 3BRP, 4 BRP...

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Impressive District 03 Property. One of the most undervalued properties on the market. 3 mins walk to Queenstown MRT. Units are sold every day.

Call 6100 0339 For Viewing

Stirling Residences Factsheet

ProjectStirling Residences
Developer Logan Property & Nanshan Group
Address 21 Stirling Rd, Singapore
Site Area 227,223 sqft
Unit Type 1BR, 1+S, 2BR, 2+S, 3BR, 3BRP, 4 BRP
Development 2 Towers of 40-Storey & 1 Tower of 38-Storey with Communal Facilities
TOP April 2022
Tenure 99 Years
No. Of Units 1259
  • TRANSPORTATION: 4.5/5

If you have been looking for a property next to MRT and yet not so near to the MRT track, perhaps this is the project that is suitable for you.

Located very near to Queenstown MRT station, you can easily take a stroll to MRT. From Queenstown MRT, it takes you only 5 stops to Raffles Place. It takes only 2 stops to Buona Vista, the interchange between East-West Line and the Circle Line.

  • AMENITIES: 4.0/5

Queenstown is no lack of amenities. It is one of the earliest towns in Singapore history. If you’re looking for nice food, then you should not miss Mei Ling Food Centre, which is just a few HDB blocks away.

The coffeeshop is within a short walk as well. Located at Block 169, this coffeeshop offers Zichar, Vegetarian Bee Hoon, Banmian, Wanton Mee, Mixed rice and Roti Prata.

Shopping malls we have IKEA, Queensway Shopping Mall and the Anchorage. These are all within comfortable walking distance.

  • RENTABILITY: 4.5/5

Because this is only one bedroom, chances that this could be one of your investment properties. Tenants will love the place because of the distance to the MRT, already existing amenities and eateries nearby.

Take a look at Commonwealth Tower (CWT), which is just right next to Queenstown MRT. This project is TOP in 2017, which is the best proxy to Stirling Residences.

DateAddressArea (sqft)BedroomsMonthly Rent (S$)
May 19 CWT 400 to 500 1 2,400
May 19 CWT 400 to 500 1 2,500
May 19 CWT 400 to 500 1 2,600
May 19 CWT 400 to 500 1 2,400
May 19 CWT 400 to 500 1 2,600

Source: EdgeProp (May 2019)

The average rent for one bedroom in Commonwealth is transacted at about $2,500. Assuming ceteris paribus, $2,500 per month translates into 3.46% rental yield or $5.66 psf, which is quite a good number to consider.

Stirling Residences: November 2019

Wait no more, come and take a look at this awesome project name “Stirling Residences”. Give us a call at (65) 6100 0339 or drop us a text at (65) 8666 3339. Happy to see you take action and take action now.

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Stirling Residences 1001000 441 1 1 2022 1.2921556592139,103.80530932275,16 21 Stirling Road, Singapore D3 - Queenstown, Tiong Bahru Rest of Central Region (RCR) For Sale Condominium Residential Air-Conditioning Balcony City View Cooker Hob/Hood High Floor Intercom Water Heater