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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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 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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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
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.”
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.
CanningHill Piers Fact Sheet
Address
River Valley Road / Tan Tye Place / Clarke Quay
Description
One 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
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)
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
Project
Canninghill Piers
Developer
Legend Quay Pte Ltd (CDL & CapitaLand)
Type
Mixed Development
Total Units
696
EXP TOP
Q2 2024
Address
River Valley Road
Location
D06 – City Hall / Clarke Quay
Country
Singapore
Tenure
99 Years
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Piermont Grand is a new executive condominium located right in the heart of Punggol by City Developments Limited (CDL). Piermont Grand (Sumang Walk) sits on the land parcel that is slated to be Singapore’s first Digital District and is located near to many transport options around the Punggol area. It is the only Executive Condo that is launching in 2019 and it sits right next to My Waterway@Punggol and offers the opportunity for residents to own a EC unit in the landmark waterfront district with pleasant and unblock views. Piermont Grand Executive Condominium comes as a rare opportunity for buyers who are looking for a EC unit in the North East area (District 19). A unique and serene lifestyle awaits you at Piermont Grand. The Sumang Walk EC will be located near to JTC Business Park in Punggol as well as The 5th University – Singapore Institute of Technology. There will be also a new MRT Station called Punggol Coast MRT Station which will reduce travelling time to any part of Singapore by 15 min.
Piermont Grand EC
Sumang Walk Punggol
Piermont Grand EC has full and unique facilities, which includes a guard house, clubhouse, function room, indoor gym, tennis court, 50m swimming pool, sun deck, BBQ pits & children’s playground. The condo’s facilities provide full family entertainment needs for your family and loved ones. Indulge in a serene and tranquil lifestyle right in the heart of Punggol location. A key feature is the cantilevered gym which is facing the waterfront and allows you to soak in the views while working out on the threadmill. This cantilevered gym draws inspiration from punggol jetty which is a pier which overlooks the sea / water feature.
Piermont Grand CDL sites on a prime piece of EC land which represents a timely investment for CDL who is looking to replenish its land banks. Most of the EC launches recently have already been sold and this EC will present an opportunity for buyers who are looking for a new EC right in the heart of Punggol. Piermont Grand is the latest project with TID Residential that is a collaboration with Hong Leong Holdings and Mitsui Fudosan.
Piermont Grand (CDL)
Piermont Grand EC is also strategically located with many shopping centres located around in the vicinity. For example, the popular Waterway Point, Punggol Plaza as well as Compass One are located near to the executive condominium. This EC is also located near to My Waterway @ Punggol with plenty of outdoor facilities for residents to spend some quality time with their family.
The development will be accessible with Sumang LRT Station as well as Punggol MRT Station. Also, for owners who are taking buses, there are several buses available along Punggol Way and Punggol Central. For owners who are travelling to the city and it is located right next to Tampines Expressway (TPE).
Piermont Grand Punggol EC is also near elite schools such as Punggol Green Primary School, Edgefield Secondary School, Oasis Primary School and Mee Toh School.
Piermont Grand EC Project Information
Project Name
Piermont Grand
Address of Development
Sumang Walk
Project Developer
CDL Constellation Pte. Ltd. and TID Residential Pte. Ltd.
Tenure
99 Years Leasehold Development
District
19 / Punggol
Site Area
291,126 sqft
Gross Floor Area
873, 378 sqft
No of Blocks
13
No of Storeys
9 to 17
No of Units
820 Residential Units
TOP
To Be Advised
Request for Piermont Grand Brochure
Showflat Viewing – 6680-3333
New property developments come up every now and then. The new property will give you the chance to get a new commercial space or residential space. It is important to visit a property showroom for a pre-purchase viewing. By viewing one, you will have the necessary information that will help you make the right decision. Showflats may fail to capture the actual home. Nonetheless, you can ask questions about the property and this will give you a better idea of what the residence looks like.
The layout of showflat will vary according to its room position and square footage regardless of the type of real estate you intend to purchase. It is advisable to ask about the installation models/ brands that will come with the final product. What you see might not be what you get due to the availability of room fittings and surface materials. To avoid confusion, request for the Piermont Grand floor plan copy from the showroom that corresponds to your desired unity.
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No. 2-20 Jalan Lempeng (Formerly known as Park West)
In January 2018, SingHaiyi successfully tendered for the collective sale of the Park West condominium site for S$840.9 million and will be launched as Parc Clematis. With a gross plot ratio of 2.1, this site will be redeveloped into a brand-new condominium. Located 2-20 Jalan Lempeng, it is set in a mature estate locale surrounded by a plethora of amenities including supermarkets, banks and popular eating establishments. Parc Clematis is also within walking distance to Clementi MRT station and surrounded by prestigious schools.
Parc Clematis (Formerly Known As Park West Condominium) is the latest En-Bloc development by Sing Hai Yi in District 05 situated along Jalan Lempeng, junction of AYE and Clementi Avenue 6 opposite Faber landed house area.
The new development has a site area of 633,644 Sqft and will consist of nine 24 storey tower blocks of residential units, 6 units of 2 storey strata bungalow and 12 units of 2 storey strata semi-detached with a total of 1468 units. The project will have a range of selections from 1 bedroom to 5 bedroom units.
The 2 Storey Strata landed houses are located along Jalan Lempeng opposite current Faber landed property area and along the boundary next to Regent Park to create a building edge fronting landed area. There are also 2 premium blocks consist of premium 5 bedroom units with wide balconies.
All the tower blocks in Parc Clematis are tilted in north-south facing orientation to avoid direct west sun facing units. The tower blocks are also build a distance away to give better privacy between all the units to avoid having wall-like effect.
Tower blocks are elevated up from 1st level landscape area so that to allow 2nd storey residential unit to overlook the low rise cluster towards the landed area.
By elevating the tower footprint up and placed each blocks further away, it allow more greeneries to be planted at the base of the blocks and giving a see-through vantage views towards landscape area. From doing that, it also allow more sunlight and airflow through Parc Clematis and the neighbourhoods.
The proposed main side gate 1 will be located next to the main entrance along Jalan Lempeng. The 2nd pedestrian side gate is located along Jalan Lempeng fronting The Trilinq condominium which offers an easy access to famous Nan Hua Primary school which is just few minutes away from Parc Clematis. The 3rd and last secondary side gate will be located along Clementi Avenue 6 which connected to the bus stop next to Regent Park Condo. This side gate is also just merely 8 minutes walk to Clementi MRT station and Clementi Mall.
Type
Private Residential (Condominium)
Location
Jalan Lempeng, Singapore
Acquisition Cost
S$840.9 million
SingHaiyi’s Stake
50%
Tenure
99-year leasehold from 8 March 1982. *Subject to authority’s approval
Units (Number)
1468
Expected Completion
1H 2023
Gross Development Value
~ S$2.2 billion
Gross Floor Area (sq ft)
1,330,642
Gross Land Area (sq ft)
633,639
Parc Clematis is expected to preview in July 2019.
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Nim Collection – Strata Landed Development by Bukit Sembawang
Nim Collection is a new luxury landed development that is well positioned in District 28 along Ang Mo Kio Avenue 5 via Nim Road and Nim Rise. With various configuration and sizes available, there will be a configuration and layout that suits you and your family. It allows for multi-generational living under one roof. TOP is expected to be in the year 2021.
This project from Bukit Sembawang, also the developer for Watercove is located right in the heart of Ang Mo Kio, in District 28 near shopping centres like The Seletar Mall and Greenwich V Shopping Centre. With a prime location like this, living is not only comfortable physically, but financially too. This 99-years leasehold development is certainly something to keep an eye out for with the exclusive and serene lifestyle you’ve been missing.
NIM COLLECTION is a new luxury landed development that is well positioned in District 28 along Ang Mo Kio Avenue 5 via Nim Road and Nim Rise.
Located along Ang Mo Kio Ave 5, this is an upcoming new launch of 98 landed houses by Bukit Sembawang Estates.
Semi-Detached House : Land: >3,000 sqft; Built-up: >5,100 sqft
Latest Developer Launch
Bukit Sembawang has certainly made a name for itself with the estates that it sells. In fact, it just recently sold a minimum of 18 units of its sea-facing terraces at Watercove for $2.3 million.
Overall, Watercove is composed of 80 strata terrace houses along Wak Hasan Drive, which is located in Sembawang. It was launched on July 8th and already had good number of sales, with an average price per square foot of $738. Of course, the demand is understandable thanks to the beautiful seafront location with units from 3,200 to 4,400 square feet.
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Watercove – Located next to the tranquil Sembawang Park, Watercove Ville will take your breath away with its views of the majestic ocean horizon. This luxury freehold development comprises of 80 strata houses with a basement carpark and clubhouse facilities. There’s also a pool of eateries, schools, country clubs and other amenities just minutes from your residence.
Pleasantly detached from the din of city life is a beautiful, restful enclave right next to the sea. Watercove Ville is an elite resort-style residential complex, perched on the northern shore of the island. It’s within the verdant neighborhood of Sembawang Park, and has a stunning vista of the Straits of Johor.
This new enterprise is a freehold property by Bukit Sembawang Estates Limited, a leader in Singapore’s real estate industry. Bukit Sembawang Estates has a track record of producing superior residences and some of the most elegant upmarket properties in the island city; you can trust that Watercove Ville is surely an expression of quality and sophistication.
It’s an exclusive community reserved for those who won’t settle for anything less than the best in life. The development brings forth a selection of dazzling semi-detached terraced homes that embody the ultimate comfort culture. To give you an extra special treat, the site also comes complete with lifestyle offerings found at topnotch beach resorts, including a swimming pool, a clubhouse, and other luxuries.
Living at Watercove Ville is like having an endless summer retreat at a tropical paradise. You can begin each day reveling in the sun-kissed ambiance, and open your windows to look out into the shimmering blue waters. Let the soothing cadence of theundulating waves lull you to sleep at the end of each day, as you admire an unobstructed view of the starry night sky. It’s a lifestyle of extreme contentment and leisure – one that you can’t experience anywhere else in Singapore.
WATERCOVE INFORMATION
PROJECT NAME : WATERCOVE
ADDRESS : Wak Hassan Drive, Singapore
TYPE : Strata Landed Housing
# OF UNITS : 80 Strata Houses
TENURE : Freehold – Estate in Fee Simple
BUYERS ELIGIBILITY : Singaporean Only
T.O.P DATE : 2nd Quarter of 2019
LAND SIZE : TBA
DEVELOPER : Sembawang Estates (Pte) Ltd
ARCHITECT : P & T Consultants Pte Ltd
BUILDER : V3 Construction Pte Ltd UNIT MIX / SIZE (APPROX) :
47 Inter Terrace Houses with basement, seafront facing
29 Inter Terrace Houses with basement and an Attic
4 Semi-Detached houses with a basement
WATERCOVE LOCATION
Located next to the tranquil Sembawang Park, Watercove will take your breath away with its views of the majestic ocean horizon. This luxury freehold development comprises of 80 strata houses with a basement carpark and clubhouse facilities. There’s also a pool of eateries, schools, country clubs and other amenities just minutes from your residence.
AMENITIES
Watercove is sufficiently distanced from the hustle and the bustle of the central metropolis, yet it isn’t at all isolated from all the comforts of city living. As a matter of fact, there are a lot of entertainment, dining and recreational destinations within the area. There are a lot shopping places where you can find an assortment of boutiques, supermarkets, banks and various eateries. Take a trip to Sembawang Mart, Sembawang Shopping Centre, Sun Plaza, or Canberra Shopping Centre for your leisure and retail needs. There’s also Chong Pang City in Yishun, which has restaurants, a food plaza, a wet market, a supermarket, clinics, and a number of shops.
Register now for the latest updates! Do not miss this fabulous opportunity to own a home at WATERCOVE.
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