Following the submission of the highest offer of $768 million by City Developments (CDL) for Tembusu Grand as part of the Government Land Sales initiative, the tender was terminated. This is equal to a price of $1,302 per square foot per minimum score (psf ppr). The victory price has exceeded the original value of the land in the main city region, which was calculated at $1,129 per square foot per year for the property on Northumberland Road that the same business purchased.
Tembusu Grand is a 99-leasehold property that offers a unique investment opportunity for residents and investors alike. It is located in a place that is experiencing explosive growth, which is Marine Parade. It has a maximum Gross Floor Space (GFA) of 54,789 square meters and a total suites area of approximately 210,545 square feet. And with a total minimum score of 2.8, Tembusu Grand is anticipated to have 640 beautiful residential units. This would make it a project of a medium scale for the massive real estate business CDL.
The property in District 15 is situated in an excellent location in the most appealing environment in Singapore as a result of its proximity to the gorgeous Tembusu Grand, which offers breathtaking views of the beach. Beachgoers are going to be in wonder at this hideaway because of its prime location near the gorgeous sea that is lapping the shore. Due to the fact that it is home to a number of the most luxurious Condos in Singapore, the laid-back neighborhood has an air of subtle elegance. It is the ideal house for inhabitants who seek an oasis far from the hectic pace of the city, including individuals, couples, and homeowners with children.
This magnificent Tembusu Grand property is serviced by a well-established transit system. It is located in the very desirable neighborhood of Marine Parade, which is regarded in high regard. There are a number of MRT stations that are conveniently located nearby, including the Dakota and Mountbatten Subway stations. Mountbatten Road is another route that motorists may use to go from this tranquil neighborhood to the bustling metropolis that surrounds Singapore. Additionally, free access may be gained to additional estates in the vicinity of the Marine Parade through Haig Road and Dunman Road.
In addition to the convenience of the location, residents of Tembusu Grand will take pleasure in the fact that a wide variety of facilities are located within a short walking distance of the condominium. The magnificent Tembusu Grand is situated in a location that provides easy access to a variety of amenities, including retail stores, schools, community hospitals, and other leisure centers. As a consequence of this, inhabitants will travel less often in order to satisfy their day-to-day requirements, such as purchasing food, and furnishings, or obtaining medical services.
For info – Tembusu Grand Balance Units.
View and download the Tembusu Grand floor plan and Tembusu Grand E-brochure.
