Siglap Road

Site Introduction

LOCATED WITHIN AN ESTABLISHED RESIDENTIAL ESTATE WITH GOOD CONNECTIVITY

Located near the future Siglap MRT Station and within an established residential estate with existing condominiums such as Mandarin Gardens, Fernwood Towers and Villa Marina. It is also close to the East Coast Parkway (ECP).

CLOSE TO AMENITIES

Shopping, Dining and Entertainment

A wide range of shopping, dining and entertainment options are available at nearby Parkway Parade, 112 Katong and Marine Parade Town Centre.

Schools

Reputable schools such as Tao Nan School, CHIJ Katong Convent, Victoria School and Victoria Junior College are also nearby.

Location: Siglap Road
Site Area: 19,309.6 m2
Lease Period: 99 years
Allowable Development: Residential
Permissible Gross Floor Area: 67,584 m2
Estimated No Of Residential Units: 750

siglap road location map

siglap road aerial view


Tender Results

siglap road tender resultEIGHT bids have been received at a state tender for a plum 99-year leasehold private residential site along Siglap Road near the junction with East Coast Parkway and in close proximity to the beach.

The highest bid of S$624.18 million or S$858 per square foot per plot ratio (psf ppr), from a consortium comprising Frasers Centrepoint unit FCL Topaz, Sekisui House and KH Capital.

The second highest bid – from a tie-up involving units of Hong Leong Holdings, City Developments and TID Residential – was at S$600.12 million, which works out to nearly S$825 psf ppr.

Allgreen Properties placed the lowest bid of S$477 million or about S$656 psf ppr.

The site is a stone’s throw from the future Siglap MRT Station on the Thomson-East Coast Line. The station is slated for completion in 2023.

The 1.9-hectare site is estimated to yield 750 private homes.

The tender was conducted by Urban Redevelopment Authority.


Why Invest In Siglap Road Condominium?

  • Located near to future Siglap MRT Station (Thomson-East Coast Line)
  • Enjoy recreational facilities at East Coast Park
  • Shopping & dining options at 112 Katong, Parkway Parade
  • Reputable schools like Tao Nan School, CHIJ Katong Convent, Victoria School and Victoria Junior College in the vicinity
  • Well establish developer – Frasers Centrepoint

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