The Tembusu Grand by City Developments in Tanjong Katong

Tembusu grand by city developments

The Tembusu Grand is a new launch condominium in District 15, Tanjong Katong. It is a development project by City Developments Ltd (CDL), a leading global real estate company. The property will be launched in March 2023.

With a Gross Floor Area of 54,789 square feet, Tembusu Grand has a total suite area of 210,545 square feet. The unit size ranges from one bedroom units to four-bedroom apartments. There are also several modern amenities for a comfortable living environment. Aside from the facilities, residents can enjoy the beautiful ocean views and the sandy beaches.

Residents of the Tembusu Grand can easily access the MRT stations in Katong. This includes the Tanjong Katong Complex, the Katong V MRT Station and the Dakota MRT station. These stations are all connected to the Thomson-East Coast Line. They are less than two kilometres away.

The neighbourhood is also home to various shopping malls. There are several eateries around the area. Most of these are very affordable. The neighbourhood is well-served by bus services.

Residents can also have access to several medical centres within a short distance. Some of the clinics include Parkway Clinic & Surgery and the International Medical Centre. Also, the neighbourhood is close to the Raffles medical centre.

For those who are looking for a residential project near a school, there are many schools in the area. Schools such as CHIJ (Katong) Primary and Haig Girls’ School are located nearby. In addition, there are also various junior colleges in the vicinity.

With the advent of the Kallang URA Masterplan, more residential and recreational precincts will be developed in the neighbourhood. These will integrate environmental sustainability and active mobility. Moreover, the area will also be transformed into a waterfront park.

Apart from the amenities provided by the Tembusu Grand condominium, the area is also surrounded by plenty of other shopping centers, restaurants and hawker centres. These malls are also close to the MRT station. Besides, the East Coast Park is about five minutes away by car.

The Tembusu Grand is also conveniently accessible via the Marina Coastal Expressway and the East Coast Parkway. Having easy access to these major roads ensures that residents can move about with ease. The condo is a great investment opportunity for home buyers. Moreover, the rental yields are relatively attractive for a property in this district.

There are several important factors to consider before purchasing a condo. Among them are financing and the location. If you are planning to purchase a condo in District 15, then Tembusu Grand should be on your list.

However, if you are not sure about the financing options available, you can get more information from the MAS. You can also ask for the floor plans. After all, you will want to know what you are buying and what you can expect from the unit.

Ultimately, you will be making a good decision if you decide to buy a condominium in Tembusu Grand. With the beautiful design and amenities, the housing is an excellent value for money.

CDL’s Newport Residences – 5 Reasons to Buy

CDL newport residences reasons to buy

If you are thinking of investing in CDL Newport Residences in Singapore, there are a few reasons why you should. This article will explore some of the key aspects that you should consider.

Accessibility via MRT station

If you are a buyer interested in CDL newport residences, you will find that the development is close to various malls, shopping centers, and parks. These places will provide you with all of the amenities that you need. Moreover, there are also public spaces and yoga decks that you can enjoy.

Newport Residences will feature a mix of office units, retail space, and serviced apartments. Its proximity to the MRT station will help you to get to your destination quicker. You will also be able to enjoy the convenience of living in a residential area that is within walking distance to major expressways.

Having a place close to the MRT station can boost your property value. This is especially true if the MRT stations are in proximity to commercial or retail hubs. Choosing a home near an MRT station can be a good idea for people who are looking for a place to live with family or friends.

Newport Residences by CDL is a new launch luxury integrated development located at 80 Anson Road, District 02. It is only a few minutes’ drive away from Marina Bay Sands and other popular destinations.

Shopping malls near the development

Located in the heart of Singapore’s Central Business District (CBD), Newport Residences is an exciting new development. It will feature a mix of retail, serviced apartments, and industrial space. Its commercial area is expected to cover more than 655,000 square feet.

This freehold integrated development is close to two MRT stations, which will make it easy for residents to get to other parts of the city. Residents also have access to a plethora of shopping malls. Several major parks are also close to the property.

Newport Residences is developed by City Developments Limited. This company is one of the largest developers in the country with over S$3.5 billion in assets under management. CDL has an impressive track record of quality and sustainability. In 2010, CDL’s Chongqing Eling Palace was named as the first residential project in China to achieve the highest 3-Star Certification by the Green Mark.

The development has a total of 246 residential units. Some of the amenities that are located within the property include restaurants, retail shops, and a full resort style condominium facility.

Schools near the development

If you are looking for a new condominium that is located near to Singapore’s Central Business District, you might want to consider Newport Residences. This freehold development is developed by City Developments Limited, one of Singapore’s leading real estate developers.

The developer is planning to build a 51-storey mixed-use development. It is expected to have a gross floor area of 655,000 square feet. One of its highlights is its proximity to several shopping malls.

Residents will be able to access the city centre through upcoming stations on the MRT lines. In addition, there are various main roads that link to the neighbourhood.

The estate is also close to schools such as the Outram Secondary School and Cantonment Primary School. Additionally, there are several preschools and education centres within a 1-2 kilometre radius.

Aside from that, the development is near the upcoming Marina Coastal Expressway (MCE). Completion of the MCE will also make it possible to commute from Tanjong Pagar to Changi Airport.

Good chance of going up in value

If you are planning to buy an apartment in the city center, there’s a good chance you will be able to enjoy a better value. One such property is the newly developed Newport Residences. It’s a mixed-use development, which includes office and residential units.

The developers of this project, City Developments Limited, have over 55 years of experience in building properties. They’re known for creating integrated, mixed-use developments. Their portfolio includes hotels, shopping malls, and serviced apartments. Listed on the Singapore Exchange, CDL is one of the top businesses in the real estate industry with respect to market cap.

Located in the Central Business District of Singapore, this mixed-use development will feature 655,000 square feet of commercial space. In addition, the residents of the Newport Residences will have access to a lifestyle hub that consists of shops, cafes, restaurants, and bistros.

In addition to being located near the Tanjong Pagar station, the development is also just a few minutes away from the Prince Edward Road station. It’s also connected to the Central Expressway.

The Continuum site is a freehold property at Thiam Siew Avenue. This site’s location right in front of Dakota MRT station is a striking feature. It is also the closest to the station’s entry, compared to other condominiums.

Many educational institutions are located near Thiam Siew Avenue.

These schools include Tanjong Katong Secondary School. Northlight School. Broadrick Secondary School, Northlight School, Tanjong Katong Secondary School,  Kong Hwa School, Haig Girls’ School and Tao Nan School.

Future home-owners who are looking to rent the unit out to expatriate family members would be pleased to learn that there are two international schools within a short distance – Olympiad International School and Nexus International School.

Continuum Singapore Continuum Singapore customers can shop, eat, and entertain at nearby shopping centers such as City Plaza.

For schools around The Continuum condo, we have alot of choices. For instance, Broadrick Secondary School, Northlight School, Tanjong Katong Secondary School,  Kong Hwa School, Haig Girls’ School and Tao Nan School.

Thiam Siew Avenue URA Master Planning

The Continuum falls under the Geylang Area URA Masterplan, where both estates have established amenities. The future residents of Thiam Siew Avenue can enjoy the new amenities, public spaces, and living spaces close to Geylang.

Condo Facilities

You will find full facilities such as a clubhouse, swimming pools, indoor gym, and a gourmet lounge. These are just a few of the highlights of the development.

Shopping and Amenities Nearby

You don’t have to travel far to find a variety shopping centers and amenities around the residence. Within a radius of 2km, you will find shopping malls such as KINEX and Paya Lebar Quarters.

There are also many supermarkets within the area. NTUC FairPrice supermarkets in Geylang Lorong 38 and Joo Chiat Plaza, Aljunied Ave 2 and Jalan Tiga are all within minutes of driving distance. Giant supermarkets can be found nearby at Paya Lebar Square or 291 Joo Chiat Road.

Nearby Recreation Areas

It takes less than 10 minutes to get to Singapore’s most famous recreational site, The East Coast Park. For families and friends looking to bond, there are many parks such as Xtreme SkatePark, Road Safety Park and Coastal PlayGrove. Nature lovers can also visit nearby parks such as Geylang East Park and Geylang Park Connector. Other interesting sites include the Goodman Art Centre, which offers a mixture of art and culture activities, and the Singapore Sports Hub, which integrates sports with a variety of health activities in one place.

Nearby Business Parks, Office Buildings & Healthcare

The development is close to several business centers and office buildings, which can provide a large pool of tenants for investors who purchase The Continuum to generate rental income. Paya Lebar Quarters and Paya Lebar Square are all within walking distance of the development. General practitioner clinics are just minutes away from the residence. Parkway East Hospital’s 24-hour emergency clinic and Parkway East Hospital’s Parkway East Hospital Hospital are just 2km away for medical assistance.

One Pearl Bank, the name of the brand new development situated in the core of the city by Capitaland. This development was earlier acquired by the Pearl Bank Apartments which was an iconic landmark as it was built of a horse-shoe shaped design. The Capitaland bought this property by terms of an enbloc agreement. One Pearl Bank allows you to own a piece of possession in the much valued vicinity of Outram Park, which is located just next to the Outram Park MRT station. You can witness a distinctive experience of the city center at One Pearl Bank.

 

This development would consist of 2 towers which would be a little curved to resemble the horseshoe. This would be done to maintain the unique architectural design of the former Pearl bank apartments. There would be 39 stories in total. One Pearl bank (https://www.theonepearlbank.com) is foreseen to be completed by 2023 and its location would be the mesmerizing top of Pearl’s Hill. The height of the building will be 178m which is considered to be one of the tallest towers of a residential building in Singapore that has surpassed even the Pinnacle property of Duxton which is 156m. It is confirmed that One Pearl Bank would be comprised of 774 residential units and would proudly stand standing next to the Outram MRT station.

 

Reasons to purchase One Pearl Bank by CapitaLand

 

Pearl Bank condo possesses extravagant facilities like clubhouse, indoor gym, function room, tennis court, swimming pool, BBQ pits, sun deck, children’s playground, and guardhouse. The facilities of the condo are sure to entertain the needs of your family and dear ones. If your heart yearns for a tranquil and serene lifestyle, you can witness it at One Pearl Bank in the center of the Outram Park. The pricing and psf details of the condo would be made available shortly. The calmness of the vicinity makes the residential a great place to live well.

 

The collective cost of the property through the enbloc was S$728 and also the land costs. This is the price that Capitaland limited has paid to acquire the estate. The condo of One Pearl Bank has a lease of 99-years on the total area of 82,378 sq.ft. While units at the former Pearl Bank Apartments were built in Outram Park, Pearl’s Hill; however, the new flats of One Pearl Bank would be situated near to the site. The official launch of the condo would be discussed and finalized soon. Another fascinating thing about the One Pearl Bank Outram is that it will be adorned with a variety of facilities. Doing this will definitely enhance the cultural heritage and community belonging.

 

Unblock Views of One Pearl Bank to Sentosa and Central Business District

 

From the former Pearl Bank Apartments, impressive unblocked views are starting from Sentosa and extended till the CBD. That being said, there are a total of 288 units (amongst which 280 are apartments and 8 commercial units). As it is on an elevated ground, great views will be enjoyed by the units of One Pearl Bank Condo. With the architectural transformation, the One Pearl Bank Capitaland would upgrade the entire look of the Outram area.

 

When you are looking for ultimate amenities and facilities then the stores near Parc Central Residence EC residents provide all. This area is situated in the prime location of Singapore. It is not only popular among only Singaporeans but foreigners also prefer the area for getting top-class facilities. When you are spending a holiday or just want to reside here then the convenience provided by this area is on another level. This area is suitable for all age groups.

 

If you want to live in a harmonious area that provides ultimate calmness then Tampines offers some of the suitable residents. This is because of the URA master plan in the eastern region which enables this area to have a favorable environment for all the age groups. Not only living if you are planning for an excellent working space then also this provides a better place.

 

There are some of the attributes which are the core reason for Tampines being the prime location. They are as follows:

 

Par-level Connectivity through road

 

This area is well connected to the city as well as other parts of Singapore through its well-built roads. There are several expressways such as Pan Island Expressway and Tampines Expressway which provides a hassle-free commute to any place. Moreover, Tampines MRT station which is situated nearby also provides additional advantages for the commuters.

 

This top-class connectivity enables contemporary and will also help the future residents of Parc Central to get access to all the other parts of the island in just minimal time. Central Business District (CBD) and the Marina Bay Financial Centre (MBFC) through PIE, the Marina Coast Expressway (MCE), and the Kallang Paya Lebar Expressway (KPE) are the places which can be accessible by those residents. Other than that the residents can get to other parts of the island by using nearby Pan Island Expressway (PIE) and Tampines Expressway (TPE).

 

There are different type of commuters who prefers either cars or cycle for commuting. The residents of this area can use any of the transport. One of the best things about this area is that it compliments Singapore being the first cycling town. There are different construction plans for cyclists by 2030.

 

Options for entertainment and food

 

There is numerous shopping mall situated in Tampines which makes the evening life attractive for the nearby residents. You can get all the amenities and desired facilities from here. There are a lot of job opportunities that are also available due to different working places and offices situated in this area.

There are different neighborhood cities which are also equipped with all the amenities and facilities. Paya Lebar, Bedok, Changi, Pasir Ris areas are those neighborhood towns that cover the borders of Tampines.

 

One of the best malls in this area is Century Square. This blistering mall is situated at a minimal distance from Parc Central Residences (https://www.theparccentralresidences.sg/). This mall fulfills all the needs of the nearby residents with a massive 6 stories building which has all F&B establishments and entertainment with open-concept food spots. This huge entertainment complex is one of the most preferred ones for nearby families.

 

Apart from the malls, there are parks, riding tracks, supermarkets and nature trail which benefits the residents. There are also numerous dining options and playgrounds which provide all the entertainment options for the residents of Tampines.

 

Hong Leong Holdings and a branch of City Developments had put hands together to form a real estate company named Penrose Singapore. These two companies can be regarded as the most reputable developers.

 

This is a review that will discuss the qualities of this Sims Drive condo location, estimating its prices vis-a-vis those around, and will also compare different price rates against its competitors.

 

When looked at first the Penrose condo may seem to be one of the most promising new launches of 2020. There are various reasons which favor this call but on the other hand, there are certain drawbacks as well.

 

 

Features, which impact the Penrose Condo

 

Penrose condo Sim Drive has an overall area of 560 units and can be stated as a medium-sized project. This estate is large enough to give different kinds of facilities and landscaped grounds. But when it comes to give a cozy feeling or engender a sense of community this estate may seem small.

 

The customers who buy estate prefer this kind of estate over others as the small projects have very fewer facilities and land while the larger ones are not compatible with all buyers. So, this goes to the favor of Penrose condo.

 

The position of this estate is quite fair as well. It is a 6-minute walk to an MRT station which is not so far or not so close. Keep in mind it is not quite next to a station. But the distance is acceptable for the general mass. This is a positive aspect of this estate if you are thinking of renting it.

 

It is situated in a city fringe location and considering its distance to CBD, the Aljunied/Sims areas seem to be undervalued in comparison to other places.

 

The surrounding neighborhood may seem a bit dirty when compared to other areas. The area is not rich except the Sims Urban Oasis next door. Most of the things are not gentrified yet.

 

On the other hand, we can say when all this happens the value of this place would be greater.

 

The main drawback of this place is, the northern border has an expressway. The north-facing unit would face a lot of noise from the traffic so you have to keep the windows closed and the air conditions on. If you accept this you would be rewarded with a more open outlook. The choice is all yours.

 

Some other features of Penrose @ Sims Drive 

 

There is no shopping center within the walking radius. The nearest one is at Paya Lebar Square/Paya Lebar Quater which is one train stoppage.

 

There is the availability of food centers. There is Sims Vista Market and Food center situated diagonally. Geylang is a foodie’s heaven that is situated south to it. These all are within walking distance.

 

Another notable place nearby is the James Cook University, which is at a 10-minute distance on foot.

 

It all depends on the kind of margin the Penrose condo is targeting while keeping in mind the construction charges hike every year. Still, there are some hopes.

 

We can compare the possible rental returns and gains with Sims Urban Oasis which is situated nearby. It is still new and has been completed in 2017.

 

Singapore features some of the most beautiful structures in the world. The Pasir Ris 8 Condo is an upcoming mixed-use development. It is featured as the best condominium in the state because of its situation and amenities it will offer. Allgreen Properties and Kerry Properties are going to develop this site. They had partnered to place a bid of nearly S$700 million for this project. Their concept proposal and bid were accepted by the HDB and CEC because these two partners had placed the highest bid for Pasir Ris Central Condo tender.

Being a mixed-use site, Pasir Ris 8 condo is going to feature commercial and residential development along with a polyclinic, a town plaza, and a bus interchange. It will be the community focal point for the residents of the Pasir Ris Central region.

Notable amenities:

The proposed condominium Pasir Ris 8 project is going to feature 480 private homes. Its maximum permissible floor area is around 95,000 sq-meters and the maximum permissible building height is around 49-53m. It will be known as Pasir Ris Central residences. People living in this place will get the following amenities:

  • A quick commute to the Changi Airport:

The Pasir Ris housing estate is located near the Changi International Airport in Singapore. It is also the nearest residential estate. The residents can reach Changi Airport within ten minutes by a car or within 20 minutes by bus. People, working in the logistics business, aircraft industries, and freight businesses would find Pasir Ris Central Condo the best destination to live in Singapore.

  • Located near the East-West MRT line:

The East-West MRT line links the Pasir Ris 8 region to the rest of Singapore. It will be the main route of transportation for people living in Pasir Ris Central Residences. The Cross Island Line will also connect this region to al the main areas in Singapore. Thus, it will take 30-40 minutes to reach the city. You can reach any part of Singapore within 40 minutes via the East-West MRT line, which just a few minutes away from the development site.

  • Great shopping destinations:

Pasir Ris Central is renowned as the home for the best shopping destinations in the city. The residents can visit NTUC Downtown East, White Sands Mall, and Elias Mall to buy all the required things. There are several eating outlets that feature the most delicious cuisines from different parts of the globe.

  • Top schools and education centers:

Pasir Ris Central also features some of the finest schools in the city. The residents can choose from Pasir Ris 8 Central Educational Centers, Pasir Ris Crest Secondary School, LEAP SchoolHouse, Pasir Ris Primary School, Meridian Secondary School, and Hai Sing Catholic School.

Final thoughts:

The Pasir Ris 8 Condo is going to be developed on a 99-year leasehold site. It will feature all sorts of condominiums and apartments for residence. You should invest in this condo if you want to live close to Changi Airport and enjoy a relaxing life with all the modern amenities. It will be a dream destination to live an entertaining life.

 

The former site of Brookvale Park will now be occupied with the brand new development of the Ki Residences. This residence condo would be located at the heart of the exclusive Sunset Way enclave. In February 2018, this property was purchased by real estate developers Hoi Hup Realty and Sunway Group at the cost of $530 million. This has been the biggest joint investment of the Sunway group and Hoi Hup. They have plans to deliver an astounding residential building that would contain 660 luxury units built in the total area of 373,008 square feet.

The location of Ki Residences is one of the posh regions well known for its residential projects, nearby greenery and proximity to the best international education.

The Ki Residences have a lease of 999 years on the prime location of Singaporean real estate. The supreme location near to the natural bliss makes it an attractive investment. It is a rare opportunity for the people who are seeking a freehold property in the most desirable Clementi Region

Why Ki Residences Condo Development would be the best choice?

Ki Residences have direct access to Clementi MRT and have easy connectivity to the main expressways like Ayer Rajah Expressway. The expressways make navigation easier for the residents. The Clementi Bus interchange is also located very near to the condo and the availability of multiple buses through Clementi Avenue adds to more convenient access for the inhabitants of Ki Residency.

The benefits of the perfect location of the former Brookvale Walk en bloc would now prove to be advantageous for the Ki Residences condo. The location is highly sought for its serenity, greenery, and tranquility. Also, the proximity of restaurants, shopping malls, and nightlife make the location even more alluring.

Singapore’s elite residential project

The residential neighborhood of SunsetWay enclave is marked as one of the most exotic ones in Singapore with a two-story bungalow and luxury condo decorating the crisp streets. This sense of community and security makes the Ki residences a supreme place to live in.

Beautiful foliage makes it up for an immediate gateway from the city life to nature. People are surely going to relish the serene time while returning from work to Ki Residences. Amidst this quiet environment stands the market place of Clementi Town which is just outside the doorstep. It’s a perfect combination of silence and an acceptable hustle.

Luxury Facilities all around

The former Brookvale Park en bloc already had multiple luxury facilities such as tennis courts, indoor gym, clubhouse, swimming pools, sun deck, and children’s playground. These facilities would be upgraded with the modern amenities for the Ki Residences. So, you can be sure that when you book your space at Ki Residences, you would gift yourself the best stunning condominiums.

The real estate names which are attached to Ki Residences are Sunway Developments and Hoi Hup Realty Pte Ltd. They both form to be a renowned team and their work history has always been remarkable. The firm reputation of the pair as luxury condo developers of Asia will make Ki Residences as one of the most sought after and best luxury developments in Singapore.

 

The Leedon green condo development is a joint venture of the Yanlord group MCL land. This can be seen on the site of Tulip Garden. A reputed firm of Singapore known as Asia Radiant private limited group purchased the Farrer road condominium location for 907 million dollars. This was a massive 20% increase from the previous reserve price.

The land size where Leedon Green condo is being constructed is 316,708 square feet, where it is planned to construct 670 residentials in 12-stories which would be the highest standard of luxury living in Singapore.

The top and private neighborhood of this place will be Fraser road and the whole village of Holland. This place will offer the residentials world-class view of nature which the locals enjoy at that place. They can take a close view of all those scenic beauties in a close range by going through a walkway.

The place where Leedon Green is situated is something in the proximity of nature, dining and direct access to Singapore’s transportation system. This place can be the dream destination for professionals, couples, and families.

Why the Leedon Green condo development?

The Leedon Green condos will be the topmost development in the whole of Singapore. What makes this place full of luxury is the beautiful view of Holland Village and Dempsey Hill. They are incredible to view. It steals the heart of those nature lovers and peace-seekers.

With a lot of variety of restaurants, bars, and family amusement places, Leedon Green condo can be the best place for those who desire to spend their time smoothly be being in the heart of the city. No need to roam in the city in search of quality restaurants, when everything is very much near to you.

A splendid neighborhood with good transportation options

Leedon Green condo is itself situated on the most-busy Farrer road, amidst the residential buildings and bungalows. This provides peace at home. The area is full of classy developments of Singapore such as Belmont Park, Cornwall Gardens, Ford Avenue and Leedonpark. A good place has a good neighborhood and the residence is made by keeping all this information in mind.

The place where Leedon Green condo is situated is home to many important people of Singapore, and also with a good number of the infrastructure of houses. The people from foreign nations will be highly excited after they will come to know about their sober neighbors.

Those who want to enjoy outside can go to visit botanical gardens which is a UNESCO heritage site that is very much close to this place. Walking can be taken to these places with the benefit of health and profit of worldly information too at that place.

About the Leedon Green development team

The Leedon Green condo is a joint initiative of Singapore’s most reputable developers, MCL Land, and Yanlord Land group. This combo has paired to make the largest block property of Singapore. They have a huge reputation in Singapore with experience of almost 50 years.

 

 

 

 

Located at a short distance from Orchard Road, the Avenir is a residential enclave that is highly prioritized. It is situated in River Valley Close and is the best property of District 9. The word “Avenir” has an interesting meaning which is “Future in French”. Avenir, the condo depicts the future of residential lifestyle at D09 of River Valley Close.

District 9 is considered as one of the valued residential districts of Singapore. The properties of this district have held on to their worth even during the bad times.

The location is a prime one. It the central of the city and have all the amenities around it. The best part is even though it is a convenient spot; still, the River Valley Close is calm and serene with greenery all over.

The condo development of the Avenir is on high demand because it is located at a short drive from Singapore’s downtown core and also just at a walking distance from Orchard Road and Somerset.

The freehold development of the Avenir is a supreme asset of the Singaporean real estate market. This is the reason why the property values of District09 have maintained its dignity even at the times of the economic downtown.

Good Transportation Network

 

The residents of the Avenir condo development would surely enjoy the options of driving and busing as the connectivity in the River Valley area is incomparable. Also, there is direct access from Avenir to the upcoming project of Great World City MRT station.

 

The Avenir is a world-class condo development of Singapore that would offer a peaceful environment in the residential complex with nature at just a walk away. The tree-lined streets with the river views from the River Valley Close form a picturesque natural view that would well be appreciated.

Avenir is an outstanding residential neighborhood

 

The Avenir condo development is using up the space of the former Pacific Mansion in the Robertson Quay enclave and this has proved to be an advantage for them. The residents love the location mainly because of the quietness and foliage, which is derived from the Singapore River.

 

The River Valley neighborhood is depicted as one of the reputed residential spots in the heart of Singapore. The extravagant and luxurious condominiums and apartments make way to exclusivity. The demand for this property is very high but spaces are limited and that makes the Avenir development project to be one of the hottest deals to hit the central of Singapore in future years.

Avenir – Enbloc of Pacific Mansions

The entities controlled by Singapore property tycoon Kwek Leng Beng and his billionaire cousins Quek Leng Chan. Mr Quek, who is a Malaysian have purchased the Avenir as a joint venture in March 2018. They bought the exquisite property with $980 million.

 

The sale of Pacific Mansion in District 9 for the Avenir’s development was marked as the biggest collective sale of the decade. It has been ranked second-highest on record in Singapore property enbloc history.

 

GuocoLand, one of the Singapore-listed has tendered for the site successfully with Hong Realty and Intrepid Investments. GuocoLand and Intrepid investment, both hold a stake of 40% each and Hong Realty holds an interest of 20%. The quality of Avenir would certainly be praiseworthy as very renowned names of property development are attached to it.