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About Central Boulevard Site
Central Boulevard have been in tender on the fourth quarter of 2016 and was acquired by IOI Properties Group with a propitious bid of $2.57B against the bid of 9 other developers that’s a mix of mid-size to huge companies. With the competition against huge and reputable developers, the IOI Properties Group’s win on the tender gives them the opportunity to built an exemplary luxurious development. The new project will be a mixed commercial development with offices and retail shops name as “Central Boulevard Towers“.
The site measures about 10,868 square meters, a space huge enough to accommodate a mixed-use development or a commercial establishment. The area’s measurement provides ample space to built up facilities to cater the needs of its future tenants and clients.
Together with Hongkong Land which holds 33% of the share, the area is set to be the address of one of the sophisticated mixed-use development around the district. The remaining 67% share is controlled by IOI Properties Group.
Other developers like Mapletree Investments bid come in second at $2.2M and Nashan Group at third with $2.1M. IOI Properties Group’s bid turns out to be priced at $1.6xxK PSF which 10% more than Mapletree Investments.
Central Boulevard Condo Location
Serenely located in District 01, this site at Central Boulevard promises a world class development that provides excessive convenience to the future occupants. Having within an easy access to multiple amenities such as schools, shopping malls and even major government offices, future inhabitants, both locals and non-locals, will have the privilege to live the comfort of living a majestic life at this amazing development.
Renowned schools like Cantonment Primary School, River Valley Primary School, Outram Secondary School, Bukit Merah Secondary School, Bukit Ho Swee Primary School, Bedford Language & Commercial School and Raffles Girls’ School offers the best to help your kids step up to their path.
The establishments nearby consists of both commercial, private as well as government-owned that could help the inhabitants with their much needed services and products. The distance of the area to the Central Business District counts to a few minutes drive. Aiding the surrounding inhabitants in reaching their destination are MRT stations such as Downtown MRT and Telok Ayer MRT. Adding the convenience of routes like Shenton Way and Marine Coast Expressway (MCE) lets the inhabitants travel comfortably.
Some government establishments within the immediate area include UK Visa Information Office, Turkish Embassy, Urban Redevelopment Authority (URA), Japanese Chamber of Commerce and Chinese Visa Application Office.
Malls, dining and commercial establishments like Fitness First, Marina Bay Link Mall, The Bank Bar, Telok Ayer Market and Robinsons Towers provides a unique array of retail shops, entertainment huns and various cuisines gives the residents a fabulous place to enjoy with.
Transport at Central Boulevard
- Downtown MRT
- Marina Coast Expressway (MCE)
- Raffles Quay
Top 5 Local Gourmet
- NUDE Seafood
- Andhra Curry
- Satay Club
- Baja Fresh
- Foods Treasure
- Marina Bay Link Mall
- Telok Ayer Market
- The Lawn @ Marina Bay
- One Raffles Quay
- Genting Singapore
About the Developer
IOI Properties Group is one of the leading developers in Asia. Properties like Cityscape @ Farrer Park and Seascape @ Sentosa Cove are just two of the long list of fabulous developments that they have handled. Since its founding in 1969, the company has received various awards making it the number one leading developer in its mother country, Malaysia.
Both known for its exemplary record in both property investments and residential developments, IOI Properties Group promotes high end projects that suits the property-seekers needs very well. Not only that, but it also gives great opportunity to property investors to boosts their investments with these array of five-star developments.
Some of the awards received by IOI Properties Group are Malaysia’s Top 10 Developer Awards in 2014, BCI Top 10 Developer Awards for 4 consecutive years (2011-2014) and Forbes Global 2000.
Potential of the Site
Central Boulevard have been close to numerous amenities as well as major offices. Because of this, the area have been an ideal place for a five-star residential development. The site area measures 10,686 square meters allowing to develop a residence with a gross floor area (GFA) of 141,211 square meters. Having this GFA, property seekers will love a life full of comfort and convenience.
It can also house the most up-to-date facilities that will help the occupants to live the life they have always dreamed of. A fulfilling abode, combined with the most convenient facilities and smart home features creates a wonderful experience to the inhabitants.
The site offers a 99-year leasehold tenure in an area that is known for its key growth, the site doesn’t only gives great opportunity for its future inhabitants, but also give a huge chance for investors to easily achieve their target ROI.
For property investors, the area is way close to the Financial District of the country allowing an excellent opportunity for an amazingly good capital appreciation and rental yield. Giving an unexpectedly new vibe to the future inhabitants way of living.
Not only the surrounding amenities gives great advantage to the future occupants of the project, but the linking routes to the Central Business District (CBD), Financial District and key areas around the country offers the most astonishing opportunities to the people.
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Review of Central Boulevard New Condo
Central Boulevard New Condo
Central Boulevard have been in tender on the fourth quarter of 2016 and was acquired by IOI Properties Group with a propitious bid of $2.57B against the bid of 9 other developers that’s a mix of mid-size to huge companies.
Product SKU: Central Boulevard New Condo
Product Brand: Property Review
Product Currency: SGD
Product Price: 2880000
Product In-Stock: InStock