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First EC site in Tengah awarded for $400.32 million in new record

First EC site in Tengah awarded for $400.32 million in new record

The executive condominium project sits in Tengah’s Garden district, one of five planned for the estate. PHOTO: HDB

SINGAPORE – The first executive condominium (EC) site in the “forest town” Tengah has been awarded to Taurus Properties SG for $400,318,000, the Housing Board announced on Thursday (June 3).

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.

The bid smashed the previous record of $583 psf ppr garnered by the Sumang Walk EC site in Punggol, which was awarded in March 2018, noted PropNex head of research and content Wong Siew Ying.

It is also higher than the $576 psf ppr achieved for the EC site in Yishun Avenue 9 that was awarded last November, she added.

“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.

Proposed future developments in the vicinity include a bus interchange, sports centre, community club and a polyclinic.

In addition, there are 12 plots of land zoned for education institutions within Tengah, and all are within 2km of the EC site.

Existing primary schools within a 2km radius include Shuqun Primary School and Princess Elizabeth Primary School.

CDL group chief executive Sherman Kwek said the masterplan to develop Tengah into a smart and sustainable town is exciting.

“Currently, the demand for ECs remains extremely strong and this augurs well for the development. We are honoured by the opportunity to develop the first EC in this locale and to transform this expansive site into an attractive and high quality project that future homeowners would be proud of,” he said.

The tender, which was launched for sale last November, drew seven bids, including offers from CSC Land Group and a combined offer from Hoi Hup Realty and Sunway Developments.

The EC project sits in Tengah’s Garden district, one of five planned for the estate.

Tengah is expected to house about 42,000 new homes when fully developed. So far, a total of 11 Build-To-Order (BTO) projects have been launched, with the most recent in the May sales exercise.

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Which are the Upcoming New Condo Launch?

Which are the Upcoming New Condo Launch?

LAUNCH DATE* PROJECT NAME LOCATION DEVELOPER ESTIMATED AVG PRICE**
April 2022 Piccadilly Grand Northumberland Road (Farrer Park MRT) City Development Limited & MCL Land ~$2,100psf
April 2022 North Gaia EC Yishun Close / Yishun Avenue 9 Sing Holdings Limited $1,200psf
May 2022 LIV @ MB Arthur Road (Katong Park MRT) Bukit Sembawang ~$2,100psf
Q3 2022 TBA Jalan Anak Bukit (Beauty World MRT) Far East Organization & Sino Group ~$2,250psf
Q3 2022 Lentor Modern Lentor Central (Lentor MRT) Guocoland $2,100psf
Jun 2022 AMO Residence Ang Mo Kio Ave 1 UOL, Singapore Land & Kheng Leong $2,000psf
Q3 2022 TBA Marina View (Shenton Way MRT) IOI Properties Group $3,000psf
Q3 2022 Slim Barracks Rise Residences Slim Barracks Rise (Buona Vista MRT) EL Development $2,300psf
Q3 2022 Sceneca Residence Tanah Merah Kechil Link (Tanah Merah MRT) MCC Land $1,850psf
H2 2022 Copen Grand (EC) Tengah Garden Walk CDL & MCL Land $1,200psf
H2 2022 Tampines North EC Tampines Street 62 Qingjian Realty $1,250psf
H2 2022 Marina View Condo Marina View IOI Properties Group $3,000psf
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Lentor Modern

Lentor Modern comprises three 25-storey towers with 605 residential units of 1 to 4 bedroom apartments, and a sky terrace in each tower. The shopping mall will offer more than 96,000 sqft with a wide selection of retail and F&B options, including cafes, restaurants, clinics, childcare facilities and a 12,000 sqft supermarket.

Guocoland is the leading developer in integrated mixed-use development. The Group has a stellar track record in developing large-scale, integrated mixed-use developments and high-end quality residential developments.

The Group’s flagship Guoco Tower is “Vertical City” with Grade A office space, luxury residences, six storeys of retail and dining options, a five-star business hotel and an urban park directly above the Tanjong Pagar MRT station.

The upcoming Guoco Midtown, build above Bugis MRT Interchange Station, will transform the Beach Road – Bugis district with its 30 storeys Grade A office tower, three retail clusters, 30 thematic gardens and landscape areas, as well as two high-end condominiums.

GuocoLand’s Lentor Modern will bring a refreshing transformation to the Lentor neighbourhood and it will enjoy first mover’s advantage for future developments in this new township.

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AMO residence

AMO Residence rise at Singapore’s District 20, a luxury 24 to 25-storey development and showcases 372 units. The highest bid of $381.38 million, or nearly $1,118 per sq ft per plot ratio (psf ppr), came from a 60:20:20 joint venture between UOL Group, Singapore Land Group and Kheong Leong Company.

AMO Residence Factsheets

Project Name AMO Residence
Developer United Venture Development (UOL, Singapore Land Group & Kheng Leong)
Description Residential flat development comprising 2 blocks of 25-storey apartments (total : 372 units) with basement and 1st storey carpark, swimming pool and communal facilities on lot 18618V MK 18 at Ang Mo Kio Rise (Ang Mo Kio Planning Area)
Tenure 99 years commencing from 30 August 2021
Address 21 Ang Mo Kio Rise (Singapore 569417)
23 Ang Mo Kio Rise (Singapore 569418)
Plot ratio 2.69
Site Area 12,679.4 sqm
Land Use Zoning Residential
Maximum Gross Floor Area (GFA) 31,699 sqm
Details 2 blocks of 24 and 25 storey tower
Estimated Number of Housing Units 372 units
No.of Carpark 372 residential car park lots (consisting of 368 car park lots and 4 Electric Vehicle car park lots) and 4 accessible car park lots
Architect P&T Consultants Pte Ltd
Project Interior Design Index Design Pte Ltd
Penthouse Interior Design Takenouchi Webb
Showflat Interior Design Index Design Pte Ltd, SuMisura
Landscape Consultant Sitetectonix Pte Ltd
Main Contractor United Tec Construction
Expected NVOP 31 Dec 2026
Expected legal completion 31 Dec 2029

AMO Residence Units Mix

Unit Type Size (Sqm / Sqft) No of Units
2 bedroom B1 / B2 / B3 57 – 63 614 – 678 92
2 bedroom Premium BP1 / BP2 69 743 92
3 bedroom C1 89 958 47
3 bedroom + Study CS1 97 1044 47
3 bedroom Premium + Study CPS1 / CPS1(A) 106 – 127 1141 – 1367 24
4 bedroom D1 120 1292 45
5 bedroom E1 137 1475 22
Penthouse PH1 / PH2 213 – 232 2293 – 2497 3
TOTAL 372 Units

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CapitaLand and CDL introduce CanningHill Piers, a new landmark residence nestled between Fort Canning Hill and Singapore River

canninghillpiers
  • Only hill and river dual-frontage residential development in the Central Area to be launched in Q4 2021
  • Tallest residential development along the Singapore River designed by renowned Danish architecture firm Bjarke Ingels Group
  • Part of an integrated development conveniently linked to Fort Canning MRT station and near riverfront restaurants at Clarke Quay
CanningHill Piers
CanningHill Piers is located between the historic Fort Canning Hill and the iconic Singapore River, and named to reflect its rare hill and river dual-frontage. The development is designed by Danish architecture firm Bjarke Ingels Group, and will be the tallest residential development along the Singapore River.

CANNINGHILL PIERS

Singapore, 19 August 2021 – CapitaLand Limited (CapitaLand) and City Developments Limited (CDL) today unveiled the design of their latest joint residential development, CanningHill Piers, located between the historic Fort Canning Hill and the iconic Singapore River in District 6.  Named to reflect its rare hill and river dual-frontage, CanningHill Piers is the only residential development in Singapore complemented by these two nature elements in its immediate surroundings.  Boasting excellent connectivity that defines the best of urban living, the development is directly linked to Fort Canning MRT station on the Downtown Line, and right beside F&B and lifestyle destination Clarke Quay.

The landmark residence is part of an integrated development that also includes a commercial component with F&B and retail outlets named CanningHill Square, a hotel operated under the Moxy brand by Marriott International and a serviced residence with a hotel licence operated under the Somerset brand.  The design scheme comprises four towers of different heights – a pair of diagonally-facing residential towers and one each for the hotel and serviced residence – set atop a double-storey commercial podium.  All four towers are distinctly spaced apart from each other to maximise views and allow the courtyard at the heart of the commercial podium to open to the sky.  A single continuous drape adorning the façade ties the various components together into an iconic and sculptural whole.  Strategic parts of the façade drape are lifted to unveil building entrances, communal areas and green spaces at various heights, creating a strong and unified architectural identity for the integrated development.

At 180 metres, the 48-storey residential tower facing the riverside will be the tallest residential development along the Singapore River, while the 24-storey residential tower overlooking Fort Canning Hill stands at 100 metres.  Housing a total of 696 units, the two residential towers are connected by an iconic sky bridge on Level 24, filled with a wide range of lifestyle facilities such as the Sky Gym, Infinity Lap Pool, Sky Gourmet, Flexi Lounge and Function Room offering unobstructed views of Fort Canning Hill, Singapore River, the Central Business District (CBD), Marina Bay and beyond.  More amenities and vantage points await residents on Level 3, where an outdoor jogging track, a bouldering wall and an adventure-themed children’s play area can be found amidst verdant landscaping.  The Sky Club, a luxurious clubhouse spanning over 1,900 square feet (sq ft), with breath-taking views of Marina Bay, together with the Sky Garden, are located on Level 45. A wide selection of unit types from one- to five-bedroom premium apartments, Sky Suites and a Super Penthouse, ranging in size from approximately 410 to 8,950 sq ft, will be available.

CANNINGHILL PIERS ARCHITECT


CanningHill Piers is designed by Danish architecture firm Bjarke Ingels Group (BIG) led by Bjarke Ingels, one of the world’s most well-known contemporary architects who is behind award-winning residential developments such as 8 House in Copenhagen and Via 57 West in New York.  BIG is also the design architect for CapitaSpring, a soon-to-be-completed 51-storey integrated development by CapitaLand Group in Singapore’s Raffles Place CBD.  CanningHill Piers is expected to be BIG’s first residential project to be completed in Asia.

Mr Jason Leow, President, Singapore & International, CapitaLand Group, said: “CanningHill Piers presents the best of both worlds – effortless access to Singapore’s city centre with top-notch F&B and lifestyle amenities at its doorsteps; and within itself a thoughtfully designed serene sanctuary with coveted amenities that offer excellent vantage points of the historical Fort Canning Park, the Singapore River, as well as the Marina Bay city skyline.  Coupled with its unique location embraced by nature and historical landmarks, we are confident that CanningHill Piers will set a new benchmark in refined urban living and meet the aspirations of city dwellers for style, wellness and connectivity.  With upcoming plans to reposition Clarke Quay as a wellness, lifestyle and F&B destination that is vibrant both in the day and at night, residents of CanningHill Piers can look forward to raising their families in a lively and modern neighbourhood.”

Mr Sherman Kwek, CDL Group Chief Executive Officer, said: “Conceptualised as a vibrant integrated waterfront development, CanningHill Piers seamlessly melds the convenience of urban living with a holistic wellness lifestyle and this icon will dramatically redefine the Singapore skyline.  Through this timely urban renewal initiative, the former Liang Court site will be transformed into a prominent landmark next to Fort Canning Hill, imbued with the serenity of the Singapore River and the entertainment buzz of Clarke Quay.  Along with our JV partner CapitaLand, we look forward to rejuvenating the historic Singapore River area with this majestic architectural masterpiece that will truly anchor and enliven the precinct.”

CanningHill Piers
Part of an existing road that currently separates the CanningHill Piers project site and the river will be transformed into an attractive riverfront promenade that connects seamlessly with the vibrant Clarke Quay lifestyle precinct along the same stretch.

Drawing inspiration from its surroundings, the landscaping of CanningHill Piers extends the lush greenery of Fort Canning Hill to its various sky terraces.  Part of an existing road that currently separates the project site and the river will be transformed into an attractive riverfront promenade that connects seamlessly with the vibrant Clarke Quay lifestyle precinct along the same stretch.  In the future, residents can look forward to hiking from Fort Canning Park to Pearl’s Hill City Park through the scenic Singapore River, as part of the Urban Redevelopment Authority’s Master Plan 2019.  In addition, Clarke Quay’s revitalised retail services and F&B offerings will suit the needs of the enlarged population of residents in the River Valley vicinity.

Targeted for completion in 2025, CanningHill Piers enjoys convenient access to the CBD via the Central Expressway.  It will be directly linked by an underpass to Fort Canning MRT station on the Downtown Line, and a mere eight-minute walk from Clarke Quay MRT station on the North East Line.  Water transport to Marina Bay and Robertson Quay is also available via river taxi.

With upcoming plans to reposition Clarke Quay as a wellness, lifestyle and F&B destination that is vibrant both in the day and at night, residents of CanningHill Piers can look forward to raising their families in a lively and modern neighbourhood.
CanningHill Piers

CanningHill Piers Fact Sheet

AddressRiver Valley Road / Tan Tye Place / Clarke Quay 
DescriptionOne 48-storey residential tower (1 Clarke Quay)One 24-storey residential tower (5 Clarke Quay)Four-storey basement carparkClubhouse, swimming pool and communal facilities located at Levels 3, 24 and 45
District
Number of units696 
Height180-metres (48-storey residential tower)100-metres (24-storey residential tower)
Tenure99-year leasehold1 
Site area(for the entire integrated development)139,128 sq ft 
Estimated TOP date2025 
Design architectBjarke Ingels Group 
Project architectDP Architects Pte Ltd 
Landscape architectRamboll Studio Dreiseitl 
Project interior designerAsylum Creative Pte Ltd 

1 The existing lease tenure is 97 years and 30 days commencing from 2 April 1980, and the lease will be topped up to a fresh 99 years.

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Rivière

Rivière sits within a larger precinct which comprises of two residential towers, three conservation warehouses and serviced apartments. The entire precinct is sited prominently next to the Singapore River, the birthplace of modern Singapore.‬

The name Rivière, which means river in French, is inspired by the prime riverfront location of the property. Designed by award-winning architecture firm SCDA, Rivière offers 1- to 4-bedroom unit types ranging from 560 – 2002 sqft with liveable layouts and meticulously crafted details. The sensorial qualities of water are also reflected in the landscape and branding of the residences. The experience of living here is one of utmost discernment and understated luxury.‬

Rivière also brings together the dualities of modernity and legacy; individuality and community; quiet and 24/7. While enjoying a sophisticated, lively and convenient lifestyle by the heart of Singapore’s historic and eminent river, residents here can also indulge in nature, serenity and absolute privacy.D3. Jiak Kim Street
TOP March 2023 (99 Years)
455 total units
364 parking lots + 4 handicap

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Canninghill Piers

Canninghill Piers
Canninghill Piers

The new project is jointly developed by reputable developers – CapitaLand and City Developments Limited (CDL), with renowned architect Bjarke Ingels Group (BIG).

  • Developers: CapitaLand and City Developments Limited (CDL)
  • Design Architect: Bjarke Ingels Group (BIG)
  • Project Architect: DP Architects Pte Ltd
  • Landscape Architect: Ramboll Studio Dreiseitl
  • Project Interior Designer: Asylum Creative Pte Ltd

MASSIVE INTEGRATED DEVELOPMENT

The integrated development is expected to open in phases from 2024 with a massive total gross floor area (GFA) of 100,263 sq m.

  • 48 Storey and 24 Storey Residential Towers
  • 21 Storey Moxy Hotel by Marriot International
  • 20 Storey Serviced Residences by Somerset
  • 2 Storey Commercial Podium

LANDMARK DEVELOPMENT IN PRIME LOCATION

Located on River Valley Road (District 06), the integrated development is set to be a new landmark in Clarke Quay and the Fort Canning/River Valley area.

  • Central Region
  • Rare Hill and River Dual Frontage
  • Tallest Residential Development Along the Singapore River
  • Link to Fort Canning MRT
  • Clarke Quay & Clarke Quay MRT

PROJECT DETAILS

ProjectCanninghill Piers
DeveloperLegend Quay Pte Ltd (CDL & CapitaLand)
TypeMixed Development
Total Units696
EXP TOPQ2 2024
AddressRiver Valley Road
LocationD06 – City Hall / Clarke Quay
CountrySingapore
Tenure99 Years
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Verdale

Verdale

7 residential blocks of 5-storey with basement carpark and recreational facilities on e-deck & roof terraces.

Developed by C&C (JJK) PTE. LTD. – A joint venture between COHL Singapore Pte. Limited & CSC Land Group (Singapore) Pte Ltd and located in District 21. 2-16 De Souza Avenue
TOP TBC (99 years)
258 total units
Basement Carpark

TypeSize (sqft)Units
1 Bedroom463 – 47418
1 Bedroom + Study560 – 6705
2 Bedroom614 – 753147
3 Bedroom947 – 1,03354
4 Bedroom1,41022
4 Bedroom Penthouse1,518 – 1,5289
5 Bedroom Penthouse1,8733
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Treasure at Tampines

Treasure at Tampines
Treasure at Tampines

Treasure at Tampines

LIVE LARGE, EXPLORE AND GROW IN THE COMFORT OF SPACE

The contemporary architectural symmetry of Treasure at Tampines rises up from the beautifully landscaped grounds and lush greenery. Relish in a lifestyle enriched by 128 exciting condominium facilities with the choice of one to five bedroom homes. Come home to Treasure at Tampines, where a wealth of treasured moments await you.

1 year complimentary Shuttle Bus service to Tampines MRT Station and Changi Airport.D18. 1-57 Tampines LaneTOP December 2024 (99 Years)2,203 total units1,754 basement carpark lots + 24 open-to-sky lots + 11 handicap lots

TypeSize (sqft)# Units
1 Bedroom463187
1 Bedroom + Study48444
2 Bedroom581 – 678425
2 Bedroom + Study678313
3 Bedroom818 – 1,087761
4 Bedroom1,238 – 1,367363
5 Bedroom1,668 – 1,722110
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The enduring allure of Bukit Timah Collection

Bukit Timah Collection

Business Times – THU, JUL 09, 2020
Bukit Timah Collection Top schools, luxurious homes, lush greenery. Think of Bukit Timah, and these are the images that come to mind. Over the years, this neighbourhood has become one of Singapore’s most exclusive estates, and has come to embody fine lifestyles in Singapore.

Bukit Timah Collection

With the Urban Redevelopment Authority’s (URA) Master Plan 2019, Bukit Timah is getting a new infusion of green lungs, heritage spots and better connectivity, all of which are set to enhance its enduring allure for generations to come.

Allgreen Properties’ Bukit Timah Collection, a trio of upcoming luxury residential developments in prime District 10, is well poised to capture this. Nestled close to Sixth Avenue are the Fourth Avenue Residences and Royalgreen, while over at the Bukit Timah-Tanglin enclave sits Juniper Hill

Each of the three properties shines in its own unique way, with all offering a refined lifestyle that balances nature and city, serenity and connectivity, peace and wonder; bridging Bukit Timah’s storied heritage and its vibrant future.

Come home to luxury

The largest development at 476 units is Fourth Avenue Residences, which will offer immaculate, unblocked views of greenery and landed homes surrounding it.

Whether it is your morning swim in the 50-metre lap pool, meditation by the floating garden, or gatherings with family and friends at the relaxation pavilion, Fourth Avenue Residences will become an oasis for you to unwind and rejuvenate. Enjoy also the convenience of the development’s unparalleled direct access to Sixth Avenue MRT on the Downtown Line. 

Units range from one-bedroom (484 sq ft) at an affordable price of about $1 million to the largest size four-bedroom units of up to 1,496 sq ft. 

A short 5-minute walk from Fourth Avenue Residences is Royalgreen, a freehold, 5-storey development along Bukit Timah Road. Ranging from two to four bedrooms (635 sq ft to 1,475 sq ft), this development is a rare opportunity to own a brand-new freehold home surrounded by the very best Bukit Timah has to offer.  It is just a 5-minute walk from the Sixth Avenue MRT.

With 285 homes, Royalgreen offers the right balance between maintaining privacy and boasting ample facilities. From the big green lawn, to the mesmerising poolside dining pavilion, to rooftop recreation options like tennis courts and gourmet pavilions, it is like coming home to a tropical getaway, everyday.

Fourth Avenue Residences and Royalgreen sit right in the middle of Singapore’s renowned education belt: Nanyang Girls’ High School, Hwa Chong Institution, National Junior College, Methodist Girls’ School (Primary and Secondary) and Raffles Girls’ Primary School are all within 1 to 2 km.

THE BUKIT TIMAH TRANSFORMATION 

Imagine in the future an elevated skypark right at your doorstep that will lead you by foot or by bike to the well-liked national gardens – Jurong Lake Gardens, Gardens by the Bay and the UNESCO World Heritage site Singapore Botanic Gardens.

For residents at Fourth Avenue Residences and Royalgreen, enjoying the green and community spaces will be an everyday reality. The skypark is the first phase of the 11 km Bukit Timah-Rochor Green Corridor, envisioned to link the country’s three national gardens and in the future, Kallang Riverside Park.

The Bukit Timah-Rochor Green Corridor will also connect to the upcoming Rail Corridor, a 24km continuous green stretch that will link Woodlands in the north to Tanjong Pagar in the south. Once a train line that connected Singapore and the Malay peninsula, it will serve as a green spine enthralling visitors with historic railway structures, wildlife like laced woodpeckers and striped tit-babblers, and colourful flora and fauna.  The historic Bukit Timah Railway Station, a key highlight of the Rail Corridor, will be transformed into a heritage gallery and community space.

These developments will not just add colour to your Bukit Timah lifestyle – the rejuvenation stands to raise property values in the area as well. 

A CONNECTING SANCTUARY TO NATURE & CONVENIENCE

Close by the Botanic Gardens, one of the touchpoints of the Bukit Timah-Rochor Green Corridor, is the 115-unit Juniper Hill, – a member of the Bukit Timah Collection that offers a taste of uptown living, amid tranquil settings. 

Located on higher ground on Ewe Boon Road, this freehold development is just a 5-minute drive from Orchard Road, and a 10-minute walk from Stevens MRT, soon to become an interchange for the Downtown and Thomson East Coast Lines. Getting to work at the Marina Bay Financial Centre has never been so convenient. 

Within 1 km of Juniper Hill are Anglo-Chinese School (Barker and Primary), St Joseph’s Institution and Singapore Chinese Girls’ School.

Residents of Juniper Hill will enjoy world class hospitality, with an in-house concierge and additional services from the renowned Shangri-La Hotel, Singapore, such as delivery of fresh bakes, laundry services, and assistance with hotel room bookings and dining reservations. 

This boutique development is designed with different levels of landscaped facilities. Residents can enjoy quiet moments at the spa sanctuary at the lower landscaped deck, swim a few laps in the 50-metre lap pool at the upper landscape or stargaze from the sky lounge. Otherwise, have a game of tennis with your friends and family. 

Have your choice of two-bedroom units (from 592 sq ft) to five-bedroom units as large as 2,217 sq ft.

THE POTENTIAL UPSIDE OF BUKIT TIMAH

Each time you venture out from home, you’ll be reminded of the unrivaled benefits of living in Bukit Timah.

More convenience is coming to the Bukit Timah Collection properties. An upcoming Integrated Transport Hub next to Beauty World MRT station will inject vibrancy into the Bukit Timah area and enhance the overall commuting experience for residents. A possible future interchange with Phase 2 of the Cross Island Line will greatly reduce travel times and improve connectivity. 

From Fourth Avenue Residences and Royalgreen, you are directly connected to Marina Bay and CBD via Downtown Line due to the developments’ proximity to Sixth Avenue and Stevens MRT stations.

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