Exclusive Living In Singapore
It was only 50 years ago when Jurong was swampland, before being transformed into the manufacturing catalyst that drove Singapore forward. Now, Heng Swee Keat, the Finance Minister has announced the next stage in the district’s development, declaring the formation of “an industrial park of the future”: the Jurong Innovation District (JID), comprising of “an open and innovative urban development” in the Jurong Lake District.
A total of 994 HDB units from Block 513 to Block 520 West Coast Road will be undergoing the Selective En bloc Redevelopment Scheme (SERS). The west coast residents will be given the option to shift to the new HDB developments at Clementi Avenue 1 and West Coast Link. The unit mix for both developments will range from two-room Flexi (45 square metres) to Three-Generation (3Gen) flats (115 square metres) and are estimated to be completed in 2022..
The Rochor Centre is hard not to notice and it will certainly be missed by residents, shop owners and many Singaporeans when it is demolished later this year. The public housing estate, built in 1977, is distinctive for its brightly coloured facades. Its blocks – coloured differing shades of blue, yellow, red and yellow – have found a place in the hearts of locals and visitors alike. The iconic landmark is in Bugis, next to Sungei Rochor and Sim Lim Square and was originally home to 567 households based in its 4 residential blocks as well as 183 shops and offices located in a separate, but equally colourful 3 storey block.
This 99-year leasehold land parcel @ Dundee Road was released for sale in mid 2016 by the government. The location of this residential land parcel is just situated next to Queenstown MRT station. With a site area of 10,516 m2, this land parcel is estimated to build about 645 residential condominium units.
The development of Jurong Lake District, which will become the second CBD of Singapore, and is intended to drive the nation on to the next level of its development, sees the area come full circle. Almost single handed the momentum created by the development of the industrialisation of the area, gave the much needed shot in the arm that Singapore needed at that time to create jobs, wealth and a focus. Now it is coming to the fore again and will almost challenge Marina Bay and the CBD as the commercial, leisure, and residential hub of Singapore. The new development is split into two districts, Jurong Lakeside and Jurong Gateway.
Jurong has often been at the forefront of change in Singapore’s history, and though at one stage it may have looked like it would be left behind with the shift in the nation’s focus away from heavy industry, once again the western district is set to play a leading part in the island’s fortunes.
A 99-year leasehold land at Lorong Lew Lian was released by URA for sale in Oct 2015. This land parcel was located at the cross junction between the Upper Serangoon Road and Lorong Lew Lian and is just a short distance away from Serangoon Central and Serangoon MRT station.
Even in a country which has seen radical changes in the last 100 years – especially in the last 25 years – the development and transformation of Tanjong Pagar has been remarkable. From a quiet, sleepy fishing village to a thriving business centre with a lively night scene and home to the world’s busiest port, the story of Tanjong Pagar is like an exaggerated story of Singapore itself.
Changi Airport was recently voted the best airport in the world – for the fourth year in a row. The airport, like Singapore itself, is not one to rest on its laurels however, and its current redevelopment looks like it isn’t going to relinquish its crown for some time to come. Scheduled for completion in 2018, Jewel Changi looks set to become one of the most incredible developments – never mind airport.
CEL Residential Development by Chip Eng Seng had recently been rewarded the tender for a land parcel at Tanah Merah. There were a total of 8 bidders for this land parcel and CEL was rewarded the tender and beat the rest of the 7 bidders at a bidding price of S$419.38 million (S$718 psf ppr). The bidding price is only mildly lower than its neighbour land parcel (The Glades Condo) in 2012 by 3.8%. Being situated close to Tanah Merah MRT station could be one of the main reasons why a number of bidders from several reputable developers were attracted.
The land parcel which has an area of 23,000 square metres and a plot ratio of 2.1 is estimated to be able to house about 720 condominium units. Full condo facilities along with a child care centre are part of the proposed development within this upcoming new launch condo.
Learn more about this upcoming Tanah Merah Condo, Grandeur Park Residences by clicking on the link below
High Park Residences, which was one of the best selling projects in Singapore 2015, is another residential development by CEL. Up to January 2016, High Park Residences had already sold 94% of its 1390 units. Other upcoming new launches in 2017 are
