If you’re looking for a place to live near East Coast Park, Tembusu Grand is a good option. This showflat is located on Jalan Tembusu GLS and offers many features that you’ll appreciate. In addition, the location is convenient and within easy reach of public transport.
Jalan Tembusu GLS plot ratio
Jalan Tembusu GLS plot is located in District 15 near Tanjong Katong MRT Station. It has excellent location attributes, including proximity to East Coast Park, Mountbatten Road, and popular schools. The site is also linked to future Tanjong Katong MRT station, which is expected to be built in 2022.
Jalan Tembusu GLS plot has a land area of 20,572.1 sq m. It is zoned for pure residential. There are 638 units planned for the site, with a plot ratio of 2.8.
CDL group won the bid for the site. They have previously developed various projects in the District 15. CDL CEO Sherman Kwek said the acquisition will bolster the group’s land bank.
Jalan Tembusu is surrounded by sites awarded under the Government Land Sales programme in the past. This means that the developer has to consider land cost and breakeven price. A breakeven price of $2,120 per square foot (psf) per plot ratio (ppr) is estimated by analysts.
Jalan Tembusu GLS site size
In January, City Developments Limited (CDL) won a government land sale (GLS) site at Jalan Tembusu. This parcel of land is located in District 15 at Katong and is close to Tanjong Katong MRT station.
The top bid was S$ 768 million, which translates to $1,302 per square foot per plot ratio. CDL’s CEO Sherman Kwek said that the purchase would strengthen CDL’s land bank.
According to Nicholas Mak, head of research at ERA, the launch price of the Jalan Tembusu condominium is estimated to be between $2,400 and $2,630 psf. He also mentioned that the development is expected to attract a diverse group of tenants.
Besides that, the location is also promising. The site is adjacent to Mountbatten Road and East Coast Parkway. It is surrounded by popular residential neighbourhoods and family amenities. There are a number of schools in the area.
Meanwhile, the East Coast region is also known for its lifestyle. One of the most notable neighbourhoods is Marine Parade Central. Another residential neighbourhood is Yio Chu Kang.
Location near East Coast Park
Tembusu Grand is a new development located along the East Coast of Singapore. It is near Tanjong Katong Road and East Coast Parkway. There are 640 units to be built at this development. Each unit will be fitted with top-line European brands. These condominium units have unobstructed views of the city.
Tembusu Grand is located within close proximity to several popular shopping malls and restaurants. It is also only seven minutes walk away from Paya Lebar MRT Interchange. The Tanjong Katong Primary School and Tanjong Katong Secondary School are both within the development.
Aside from the many conveniences, residents will be able to experience the tranquility of East Coast Park. This 15km coastal stretch is home to various recreational activities and offers a wide array of leisure options. Moreover, it is also a popular family destination.
Besides, the area is well-served by bus services. In addition, it is less than a 10-minute drive to Orchard Road and Gardens By The Bay.
Tembusu Grand is a new condo launch in District 15. This new condominium launch is located near East Coast Park. Moreover, the development is close to major MRT stations, making it easy to access the city centre.
Tembusu Grand offers different types of unit layouts. These units are spacious and feature contemporary furnishing. The units are also equipped with well-branded appliances. Furthermore, they offer a majestic view of the surrounding neighbourhood.
Residents of Tembusu Grand have access to a variety of recreational facilities. These include a swimming pool, fitness room, and poolside barbecue areas. In addition, the development is located near reputable schools. There are also plenty of eateries in the vicinity.
Tembusu Grand is a condominium development launched by City Developments Ltd. This developer has been in business for several years and has a reputation for delivering quality projects. Moreover, this company has residential portfolios in 25 countries. It is one of the leading property developers in Singapore.