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Bukit Timah Road has prolonged been related to Status, but nearly all of its bordering personal estates are more mature freehold developments with restricted new source.
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This plot will not be a standalone launch. In its place, it kinds part of the City Redevelopment Authority’s Draft Grasp System 2025, which envisions Newton like a renewed, vivid neighbourhood. The prepare sets aside about 26 hectares in the region being reworked right into a mixed-use “urban village.”
Strong close by schools and transit connectivity more amplify its desirability, perhaps commanding top quality land bids. Period
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The close of the tender today, and Sim Lian’s sole bid, does not mean that Bukit Timah Residences The federal government will quickly award the internet site into the developer. Although scarce, The federal government has Earlier picked not to award a GLS web page for various causes.
Sandrasegeran of SRI suggests that it indicates that current stock from earlier launches continues for being step by step absorbed, suggesting that underlying need stays intact.
A vital facet of this parcel is its land-use historical past. Portion of the website previously functioned to be a transitional Business progress, launched under a fifteen-yr lease framework intended to handle limited-term office source demands within the Orchard/Newton corridor.
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Further challenge information – which includes the event name, architect, device combine and showflat arrangements – might be launched by HH Investment as being the undertaking strategies its launch window. Sign-up down below to obtain updates when these are definitely confirmed.
Bukit Timah Road GLS presents a scarce possibility to protected a home in a single of Singapore’s most central and prestigious household corridors.
Analysts demonstrate that renewed purchaser interest within the CCR is partly because of the narrowing price hole among key CCR properties and people in the Rest of Central Location. This shift would make CCR Qualities glimpse far more attractive from a price standpoint.