Belgravia Ace Location (2)

More condo sites released for H1 2021 – A Look at Its Amenities and Features

Last Thursday 27 May, HDB as well as URA introduced 2 even more residential sites at Jalan Tembusu and also Tampines Street 62 (Parcel B) as part of the H1 2021 Government Land Sales (GLS) programme. Please see Belgravia Ace Location for more information with regards to the development. Belgravia Ace is located at Ang Mo Kio Town.

Both belong to the Reserve List. While programmers can make an application for these websites, they’re not launched for tender right away, unlike those on the Confirmed List. These sites will just be put up for tender when developers have actually bid for a rate approved by the federal government.

On the other hand, websites on the Confirmed List are launched on time despite need.
High developer demand for land

This launch follows the record-setting proposal 2 days previously on 25 May for a GLS site in Tengah, which will be the first EC in the estate. So it comes as no surprise that the leading proposal, at S$ 400.32 million, or S$ 603.17 per sq ft per plot proportion from City Developments (CDL) as well as MCL Land, is a record bid for an EC.

What’s unique about this EC website is that it will be within walking distance to Tengah Town Centre, where Tengah MRT will certainly be. So far, ECs are normally far from the MRT. So its proximity to the MRT is most likely likewise why the website brought in 7 proposals.

However the website that’s even more amazing is the condominium site at Ang Mo Kio, which received 15 proposals. The winning bid is additionally the highest quote at S$ 381.38 million or almost S$ 1,118 per square foot per plot proportion, which is considered high for a website in the OCR. The bid originated from a joint venture between UOL Group, Singapore Land Group and Kheong Leong Company.

But perhaps for a site that’s within strolling distance to the upcoming Mayflower MRT as well as within 1km of 2 preferred institutions, Ai Tong and CHIJ St Nicholas, the high quote might simply deserve it for the designers. Just how much individuals agree to pay in the long run is another tale.

As the number of unsold units is reducing, designers need to restore their land banks. One means to do so is by bidding process for GLS websites. Besides the websites on the Confirmed List, designers currently have extra choices with these sites on the Reserve List.

Presently, the nearby MRT is Dakota MRT, which is around a nine-minute bus flight from the condo website When Tanjong Katong MRT opens up in 2024 as part of the Thomson-East Coast Line (TEL), it will certainly be the nearest MRT at just 10 mins strolling distance. We likewise like that Paya Lebar will certainly just be one quit away, while those that operate in the CBD can reach there in six to seven stops. For vehicle drivers, East Coast Parkway will simply be a couple of minutes drive.

What’s also significant is that this apartment website is close to famous schools like Chung Cheng High (Main), Haig Girls’, Tanjong Katong Girls’, and also Tanjong Katong Primary and also Secondary. These institutions are all within a 10-minute strolling distance. For those that choose sending their children to a global institution, Canadian International School will certainly simply be a three-minute walk.
Map of Jalan Tembusu website.
Where the Jalan Tembusu site goes to. Source: URA

When it involves food, locals will be spoilt for option with the number of restaurants down Tanjong Katong Road. The site is also pretty close to Katong V as well as Parkway Parade.

But the primary draw for buyers will most likely be East Coast Park, which will certainly just be a few minutes drive away. Provided just how going to parks has actually come to be the brand-new national leisure activity for Singaporeans, this is one site to watch out for.

One more emphasize is that the area is surrounded by great deals of landed as well as low-rise advancements, so homeowners can anticipate to delight in unblocked views. Perhaps other than the east heaps facing Haig Court.

Possibilities of getting a sea view are rather low also. We discovered that there are a number of high-rise condominiums better to the sea, such as One Amber and also The Esta, as well as the upcoming Amber Park.

In spite of the great location, it’s tough to tell if this site will be installed for tender. With more than 600 devices to be established, it might be also big of a job for developers to take on now, offered the construction hold-ups and also ABSD target date. We’ll still see a condo released below, but probably not anytime quickly.

Found more eastern is this EC website. It’s ideal alongside the Parcel A EC website that was introduced previously in April. So we’re not precisely sure why this Parcel B is released for application when Parcel A has actually not been marketed yet.

However, like Parcel A, this site has a respectable location for an EC. For starters, it will be within walking range to the future Tampines North MRT as part of the Cross Island Line. Expected to be all set in 2029, it will certainly connect the eastern, west and also north-eastern part of Singapore.

For now, the closest MRTs are Pasir Ris MRT and Tampines MRT, which aren’t that near since it takes about 30 minutes by bus to get to either MRT. But the area, consisting of the road and BTOs at the south of the EC site, is still under growth. So connectivity should be improved as the area materializes.

What we such as concerning the website is that services are pretty accessible. Why bother going to town when there are great deals of mall here! There’s Tampines One, Tampines Mall and Century Square at Tampines, as well as there’s White Sands at Pasir Ris. Closer to this EC site are IKEA, Courts and also Giant.

For leisure, residents have plenty to select from; Our Tampines Hub, Tampines Eco Green Park and also Downtown East will certainly all be in the area.

A wide range of colleges is readily available right here too, consisting of Gongshang Primary, Tampines North Primary, Pasir Ris Secondary and Meridian Secondary.

We notice that the north pile is near Tampines Expressway, so it can get rather noisy there. There’s additionally a low chance of obtaining an unblocked sight because the EC will certainly be bordered by great deals of high-rise household advancements such as the Parcel A EC, BTOs and also condos like Elias Green. Offered the number of BTOs right here, it’s a good site for an EC for upgraders that don’t intend to vacate the area.
Map of Tampines Street 62 Parcel B
A lot of “Green” below. And also we’re not discussing the greenery. Source: URA

On a side note, the names of the BTOs below start with the word “Green”. (Like what’s this obsession with the word Green?) We simply hope that must the ECs be developed at both Parcels An and B, they won’t have words “Green” in their name