The first executive condominium (EC) site in the “forest town” Tengah has been granted to Taurus Characteristic SG for $400,318,000, the Housing Board announced on Thursday (June 3). This converts to $603 per square foot per story proportion (psf ppr) for the 99-year leasehold site – a record land rate for an EC website under the government land sales (GLS) program.

The proposal smashed the previous document of $583 psf ppr gathered by the Sumang Walk EC site in Punggol, which was awarded in March 2018, kept in mind PropNex head of study and content Wong Siew Ying. It is likewise greater than the $576 psf ppr attained for the EC website in Yishun Avenue 9 that was awarded last November, she added.

” We prepare for that the prospective selling price of the new Tengah EC could float around $1,190 to $1,250 psf,” claimed Ms Wong, keeping in mind …

“Canninghill Piers from CDL is a free hold development located right in the center of Orchard Road, among the world’s most famous shopping districts near to Singapore River. The prime location is on Cuscaden Avenue and Tanglin Road, right by the Singapore River which is the former Liang Court. Be surrounded by a myriad of high-class shopping destinations and premium dining varieties, enjoy everything that Canninghill Piers has to offer and be spoiled by everything that CDL has to offer. Canninghill Piers is designed by award-winning architect Richard Roebuck & Partners, renowned for its high-end residential and commercial projects in the region. The mixed-use project will feature two retail spaces on boulevards facing Orchard Road and the Singapore River. The ground-breaking retail and restaurant space at Canninghill Piers are complemented by a series of premium restaurants and hotels across the river area.

From the outset, you’ll notice the strong influence …