For Sale - Executive Condominium, Residential
Tengah Garden Walk Executive Condominium
Factsheet
Project | Tengah Garden Walk EC |
Developer | Taurus Properties SG |
Units | est. 620 units |
Storey | TBA |
Site Area | 22,020.8 m² |
Maximum GFA: | 61,659 m² |
Gross Plot Ratio | 2.8 |
Lease Period | 99 Years |
Blocks | est. 12 blocks |
Storeys | est. up to 14 storeys |
Tengah Garden Walk Executive Condominium will be the first executive condominium (EC) site in the “forest town”. It has been awarded to Taurus Properties SG for $400,318,000, the Housing Board announced on Thursday (June 3 2021).
This translates to $603 per square foot per plot ratio (psf ppr) for the 99-year leasehold site – a record land rate for an EC site under the government land sales (GLS) programme.
“We anticipate that the potential selling price of the new Tengah EC could hover around $1,190 to $1,250 psf,” said Ms Wong, noting that the site’s proximity to the Jurong Innovation District may attract home buyers to the project.
Located in Tengah Garden Walk – a road that has yet to be built – the site is around 22,020 sq m and has a maximum gross floor area of 61,659 sq m.
It is within walking distance of three MRT stations on the future Jurong Region Line and also close to Tengah’s future car-free town centre.
Taurus Properties SG, a wholly-owned subsidiary of City Developments Limited and joint venture partner MCL Land, said it would develop around 620 residential units in total with generous landscaping.
These units will be spread across 12 blocks of up to 14 storeys each, it added.
Existing primary schools within a 2km radius include Shuqun Primary School and Princess Elizabeth Primary School.
(source: STRAITS TIMES: https://www.straitstimes.com/singapore/housing/first-ec-site-in-tengah-awarded-for-40032-million-in-new-record)
>>>Check your EC eligibility today<<<
The expected launch will be in September 2022.