Tembusu Grand Condo By CDL (New Launch Condominium Singapore)
Tembusu Grand condominium in Tanjong Katong previewing at prices from $2,296 psf
City Developments Limited (CDL) and MCL Land opened previews for their 99-year leasehold condominium project Tembusu Grand on Friday, 24th March 2023, with indicative prices starting from about $1.248 million.
Located along Tanjong Katong Road in District 15, Tembusu Grand will house 638 units in four 20-storey or 21-storey blocks on the Jalan Tembusu site, which was gotten at a government land tender in 2022. More than 80 percent of the residential units offered will be one- to three-bedroom units.
One-bedroom units with a study room, sized from 527 sq ft to 646 sq ft, will start at $1.248 million, or about $2,368 per sq ft (psf).
Two-bedroom units, ranging from 667 sq ft to 883 sq ft, begin at $1.548 million, or $2,321 psf; while three-room units of 990 sq ft to 1,399 sq ft in size will go from $2.278 million, or $2,301 psf.
Four-bedroom units of 1,432 sq ft to 1,604 sq ft start at $3.288 million ($2,296 psf), with five-bedroom units of 1,711 sq ft priced from $4.028 million ($2,354 psf). There are also two five-room penthouses at 2,691 sq ft each.
Sales bookings will start on April 8.
The development sits on a land area of 210,622 sq ft. The site was sold to CDL and MCL Land in January 2022 for $768 million, after CDL became the top of eight bids. Based on the site's maximum acceptable gross floor area of 589,744 sq ft, this translates to about $1,302 psf per plot ratio (psf ppr).
Tembusu Grand is approximately an eight-minute walk to Tanjong Katong MRT station on the Thomson-East Coast Line, and is close to shopping centers and popular schools in the east as well as East Coast Park. It is also a brief drive to the Central Business District, Marina Bay Financial District and Changi Airport through major expressways.
CDL group president Sherman Kwek said Tembusu Grand marks the business's first launch for the year.
Highlighting the projects's transportation connection and wise living experience, MCL Land CEO Rob Garman expects robust demand for the launch.
Also up and being available in the location is 816-unit The Continuum by Hoi Hup Realty and Sunway Developments, with the development expected to begin previews not long after Tembusu Grand. The condominium provides one- to five-bedroom units ranging from 52 sq m to 176 sq m.
Likewise set to launch in the location in the 2nd half of 2023 is Grand Dunman by SingHaiyi. The apartment is expected to yield 1,012 units.
Ms Tricia Song, CBRE's head of research study for South-east Asia, estimates launch costs to be from $2,200 psf ppr to $2,300 psf ppr.
She said that the site drawing just 2 bids at its tender in spite of its appealing locational attributes reflects "its large size and competition" from Tembusu Grand and The Continuum.
The last major property condominium launch in the district was the 298-unit Liv @ MB in Might 2022, developed by Bukit Sembawang Estates. The 99-year leasehold task has sold more than 80 percent of its units at a typical cost of $2,423 psf. Its most current transaction was the sale of a three-bedroom unit in March for $2.984 million, or $2,475 psf.
GuocoLand's Meyer Mansion, another major private residential development launched in the area in September 2019, offered 21 of 200 units at a typical cost of $2,747 psf during the launch weekend.
Its most current sale was a three-bedroom premium system of 1,399 sq ft for $4.058 million in February.
Showflat For Preview Open daily from 24 March 2023, 10.00 am to 7.00 pm, by appointment only.
Contact Vincent Siew @ 97321004 to book an appointment.
Tembusu Grand Condo at Jalan Tembusu By City Developments Limited - Description
The tender for Tembusu Grand under the Government Land Sales programme was closed after City Developments (CDL) positioned a top bid of $768 million, comparable to $1,302 psf per plot ratio (psf ppr). The winning price has actually topped the initial land value in the prime city location at $1,129 psf ppr for the Northumberland Road residential property that the very same company purchased.
Tembusu Grand, a 99 leasehold website, is a rare investment chance for investors and home owners that is situated in a red hot area, Marine Parade. It is in a total site area of about 210,545 sq ft and a maximum Gross Floor Area (GFA) of 54,789 m2. And with a gross plot ratio of 2.8,
Tembusu Grand is designed to house 638 beautiful residential units, a midsized project for the huge property business CDL.
The district 15 property is preferably situated in the most attractive setting in Singapore due to the magnificent beach views that are near the magnificent Tembusu Grand. Beach enthusiasts will be in awe of this haven's practical position close to the magnificent lapping water. The laidback area exudes understated appeal because it is home to some of the most glamorous Condos in Singapore. It is a perfect home for singles, couples and residents with families who desire a sanctuary far from the busy city.
Located in the securely held area of Marine Parade, this captivating Tembusu Grand property is served by a well-established transport system. Haig Road and Dunman Road also permit free access to other estates near Marine Parade.
On top of the convenient travel, Tembusu Grand residents will likewise take pleasure in having different facilities a short distance away from the condominium. Shopping centres, schools, medical centres and other recreational centres are easily positioned near the glorious Tembusu Grand. For that reason, homeowners will take a trip less when fulfilling their everyday needs, such as buying groceries, furnishings, or medical services.
Advantages That Tembusu Grand Residents Will Enjoy Living In Marine Parade, District 15 Of Singapore
TEMBUSU GRAND CONDO - UNMATCHED CONVENIENCE
The magical Tembusu Grand home is located in a sought-after pocket of the Marine Parade neighbourhood. It is among the most dynamic locations in Singapore that is based near the fascinating beachside view. Marine Parade is likewise home to the most expensive condos in the country and houses distinguished personalities such as celebs, politicians and expats.
Upon going into the wonderful neighbourhood of the Tembusu Grand site, you will see the location has a well kept public and private transportation system. Mountbatten Road is just a hop, skip and jump away from the lovely residence; Haig Road is right outside and allows the residents to access other estates in Marine Parade. Other side roads in the vicinity consist of; Tanjong Katong Road and Seraya Road.
In addition, the residents of the trendy Tembusu Grand property can likewise enjoy the East Coast Parkway, a free-traffic expressway that is a five-minute drive away. The highway will help residents travel to other parts of Singapore cities to reach various centers and facilities within the fastest time possible.
Numerous MRT stations are also a short distance away from the Tembusu Grand residence. Mountbatten MRT station, Dakota MRT station and Paya Lebar MRT station are less than 10 minutes away.
While using bus services, locals can find the Bef Katong Post bus stop, a 4-minute leisurely walk from Tembusu Grand condo. Outside Tanjong Katong Girls School, One Amber and Opposite One Amber are other avenues where you can find bus stops for easy travel to other estates in Marine Parade.
Besides the taking a trip benefit, the Tembusu Grand property is a family-friendly home due to its close proximity to schools. Tanjong Katong Primary School is a couple of steps away, and Shaws Preschool is 2 minutes, a short stroll from the stunning Tembusu Grand home.
5 Steps Academy, Tanjong Katong Girls School, Zhicheng Private School, St Hilda's Kindergarten, and Canadian International School Singapore are likewise within close reach.
Katong Shopping Centre is 350 metres away from the wonderful Tembusu Grand residence, a 4-minute easy walk away. Others include Katong Point, Parkway Parade, Katong V, City Plaza, and Katong Square.
With all these establishments at close proximity, residents of Tembusu Grand can delight in a "walk to whatever" establishment for all their shopping needs.
Another wonderful feature of this impressive home is the close distance to medical centres. Parkway East Hospital is easily less than 2 kilometres away, Chan Family Clinic is right outside the welcoming home, and Katong Family Clinic is within an 8-minute walking distance. Hong Kong Clinic, International Medical Clinic, Parkway Clinic & Surgery and Raffles medical are likewise in the neighbourhood.
All these medical centers are well-equipped and run by professionals and experts. Therefore, Tembusu Grand residents are guaranteed urgent medical care in case of an emergency health condition at any time of the day.
Many restaurants are placed close to the Tembusu Grand residence. Lower East Side Tacqueria is just an 8-minute leisurely walk from the tranquil Tembusu Grand, Quentins the Eurasina Restaurant, Gravy Restaurant & Bar and Zaffron Kitchen East Coast are also in the neighbourhood.
And if you are trying to find a place with lots of space for winding up, then Tembusu Grand is the ideal home for you. The Marine Parade location is perfect for locals who love cycling, running, skating and fishing since it includes adequate room for such interesting activities. East Coast Park is likewise 3 minutes away via Tanjong Katong Road and Tanjong Katong Flyover.
TEMBUSU GRAND BY CDL - EXCEPTIONAL CONNECTIVITY
The remarkable Tembusu Grand condo has an excellent transport network that connects the home to other parts of Singapore. It also helps homeowners quickly gain access to numerous amenities within and outside the vibrant Marine Parade area. So, homeowners are ensured of a smooth commute while satisfying their day-to-day necessities.
Occupants using private cars will enjoy using Mountbatten Road, which is right at the doorstep of the splendid Tembusu Grand property. Haig Road is right at the corner, and Tanjong Katong Road is on the other end of this inviting home. For a free-flowing highway, residents will have the advantage of using the East Coast Parkway, which is just a 5-minute drive away.
Even more, while utilizing public transportation, a couple of MRT stations are in close proximity to Tembusu Grand sanctuary. The nearest, Dakota MRT station is just a 5-minute drive away via Haig Road and Dunman Road. Mountbatten MRT station is conveniently situated near Tembusu Grand, a 6-minute drive through Dunman Road and Old Airport Road. Other MRT stations in the Marine Parade area include Paya Lebar MRT station, Eunos MRT station and Kembangan MRT station.
A number of bus stops are also in the vicinity for Tembusu Grand residents using bus services. Places that you can find Bus stops are at Duku Road, East Coast Road, Dunman View, One Amber, Amber Gardens, Parkway parade, Opposite BLK 72 and near Tanjong Katong Girls' School.
TEMBUSU GRAND - PROXIMITY TO SCHOOLS
Tembusu Grand residence, a once in a life time home, is ideal for family-oriented residents with school-going kids. It is ideal for foreign occupants since a number of international education centres are within arm's reach of the expansive home.
The Canadian International School is a couple of steps away, a 2-minute, easy walk from your future home at Tembusu Grand. EtonHouse International School is likewise 5 minutes' drive away, and Eis International Pre-School Pte Ltd is right at the doorstep.
Other schools that are in the area include:
5 Steps Academy.
Tanjong Katong Girls School.
Zhicheng Private School.
CHIJ Katong Primary.
KJ Lim Tutorial School.
St Hilda's Kindergarten.
The Growing Academy Pte. Ltd.
Singapore Gujarati School.
Tanjong Katong Primary School.
Shaws Preschool.
United World Preschool.
Tung Ling Kindergarten.
Saiva Samaya School.
Lorna Whiston School.
TEMBUSU GRAND CONDOMINIUM ENJOYS EASY ACCESS TO SHOPPING MALLS
Besides the basic amenities that are quickly available to Tembusu Grand homeowners, there are likewise lots of shopping hubs in the vicinity. These establishments house a wide variety of retail stores that stock every sort of product required for everyday living. Locals can buy jewellery, furniture, sportswear, kids' toys, electrical, etc. Some shops offer services such as hairdressing, tailoring and banking servicing. Simply put, locals will take pleasure in the one-stop shopping experience with less travelling.
A couple of metres from the lovely Tembusu Grand residential property is the large Katong Shopping Centre, which is a 4-minute leisurely walk from this haven. Parkway Parade, Katong V, City Plaza, Katong Square, KINEX, Katong Point, Katong Plaza, City Square Mall, Joo Chiat Complex, and i12 Katong shopping center are also in the neighbourhood.
KATONG SHOPPING CENTRE
Katong Shopping Centre is one of the earliest shopping centers in Singapore, which was opened in 1973. It is strategically located along Mountbatten Road, a hop, skip and jump from the tempting Tembusu Grand home through Haig Road. The exceptional architectural design makes this mall stand out from the rest, making it retain its lively environment.
The lovely Katong Shopping centre accommodates numerous stores that provide retail and services that will sort the shopping requirements of Tembusu Grand residents. It is also home to employment agencies, printing services, tailoring, cosmetic shops and opticians.
Inside Katong Shopping Centre, Marine Parade residents can take pleasure in the variety of eateries that serve finger-licking meals like Katom Gourmet Food Centre.
I12 KATONG
The expansive i12 Katong shopping mall is a 7-storey structure situated in the beautiful neighbourhood of Marine Parade. This welcoming facility is conveniently positioned close to the sensational Tembusu Grand residence and a 5-minute drive via Fowlie Road.
I12 Katong accommodates different stores that stock every kind of item, including groceries at Cold Storage supermarket. Residents can also dine at various restaurants found within the establishment, like Prive Katong and Yousyokubar Blat Japanese.
PROXIMITY TO EATERIES AND RESTAURANTS - TEMBUSU GRAND JALAN TEMBUSU
When it pertains to dining alternatives, Marine Parade is house to various top-notch restaurants that serve specials from all over the world. Tembusu Grand residents can indulge in Chinese food, Italian, Japanese, Korean or French; there are lots of choices to pick from. A lot of eateries are affordable, making them friendly to residents with big households.
For regional meals, Tembusu Grand residents can visit the Dunman Food Centre, Old Airport Road Food Centre and the Marine Parade Central Market & Food Centre. All these establishments are within close proximity to the exquisite Tembusu Grand home.
Here are other dining establishments that are in the Marine Parade neighbourhood:
The Tipsy Cow.
Tin Yeang Restaurant.
Chezcake Bistro.
Tea Villa Cafe Singapore.
The Communal Place.
La bonne table.
Brunos Pizzeria & Grill.
Braseiro Restaurant.
Gravy Restaurant & Bar.
House Of Peranakan Cuisine.
Indo Thai Bar & Restaurant.
PROXIMITY TO RECREATIONAL AMENITIES
After a long day's work, Tembusu Grand residents can relax in the various leisure spots in the Marine Parade location. East Coast Park, the most attractive site in the neighbourhood, is within close reach of the stunning condo. It is easily situated less than 2 kilometres away; a 3-minute drive via Tanjong Katong Road and Tanjong Katong Flyover.
Tembusu Grand residents can enjoy the sandy beaches and the fascinating views over the mild, rolling ocean waves. They can likewise participate in sports activities on the beach and indulge in the local food offered by hawkers.
Carpmael Park, Koon Seng Park, Joo Chiat Terrace Park, Ceylon Road Interim Park, Marine Parade Road Park and Telok Kurau Lorong N Park are also quickly accessible from the exquisite Tembusu Grand residence.
MARINE PARADE PLANNING AREA URA MASTERPLAN: MARINE PARADE IN 5-10 YEARS
Marina Parade is one of Singapore's planning locations under the 2019 URA draft master plan. It is a well-established planning and residential area with good access to food, features, and familiar heritage, all quickly accessible.
Under the URA master plan, the URA plans to further improve and enhance the lifestyle by maintaining the national heritage of the residential areas and introducing a bicycling network.
Here are some of the upcoming developments in the Marine Parade under the URA master plan:.
Completion of the Thomson-East Coast Line will make the area more linked than ever. The building and construction of brand-new MRT Stations at Tanjong Katong, Marine Terrace, Marine Parade, and Katong Park will likewise make traveling to different parts of the island easy and hassle-free.
Building and construction of a new facility that will offer nursing home, centre and home-based care facilities, and day rehabilitation. In this manner, elderly citizens will be assured of hassle-free eldercare.
Expansion of the neighborhood centre to accommodate the growing residential estates and successfully fulfill the requirements of the homeowners.
Citizens will be able to have a good time and delight in the sun with the reopening of Raintree Cove and the construction of a new bicyclist park.
New industrial developments will create chances for businesses and jobs closer to home.
Public transportation will have an incredible boost of connectivity and time-saving with the construction of the Eastern Region Line, which is approximated to be completed by 2024.
To support the upcoming developments, there is ongoing roadway widening along Mountbatten Road, Sims Way, and Fort Road.
Locals of Tembusu Grand and the entire Marine Parade must look forward to more neighborhood facilities, business and leisure offerings, and opportunities to work closer to home. These developments will also promote outdoor activities, create job and business opportunities, and sufficiently serve the requirements of this growing community.
Showflat For Preview Open daily from 24 March 2023, 10.00 am to 7.00 pm, by appointment only.
Contact Vincent Siew @ 97321004 to book an appointment.