Chong Kuo Road New Condo

About Chong Kuo Road Site

Chong Kuo Road site area has been a successful tender sold for a bid of $43.95M to a joint venture of two well-known developers around the country, the OKP Land Pte Ltd and Lian Soon Holdings Pte Ltd. The partnership of these two huge developers won against the bid from seven other reputable developers narrowing it to a 1.7% margin for the bids.

The site area of Chong Kuo Road was put into the tender in the second half of the year 2017. Its site area measures 4,828 square meters which are capable of allowing a 5-storey residential development with high functioning modern facilities. With this site, it has an allowable Gross Floor Area (GFA) measure of 5,997 square meters. The land offers a 99-year leasehold.

The breakeven estimate cost for this site is $1,100 psf with a selling price averaging between $1,300 up to $1,350 psf for the upcoming development.

Chong Kuo Road Condo Location

Chong Kuo Road is situated in District 10 which is well surrounded by a fabulous array of different amenities. Different services are provided for the surrounding residents which enables them to live satisfyingly each day. Modern establishments that offer fun and exciting activities for kids and adult alike such as the Katapult Trampoline Park and Mandai Executive Golf Course are within a few minutes drive from the property.

The link between different areas from the Chong Kuo Road provides great ease of access for the people residing in the area. The availability of major expressways such as the Seletar Expressway (SLE) and MRT stations like Ang Mo Kio MRT, Khatib MRT and the upcoming Springleaf MRT offers the comfort of travel both to vehicle owners and commuters.

Restaurants and cafes like The Famous Kitchen, Springleaf Prata Place, Word Cafe and Thai Hao Chi Mookata serve delicious dishes and pastries for your craving palate. Dining out experience is always fun and enjoyable.

Renowned schools like Anderson Junior College, Nanyang Polytechnic, Presbyterian High School, Anderson Primary School, St. Nicholas Girls’ School and Peiying Primary School are within a short distance away. Offering high-quality educational development to their students, your kids will surely get what they deserve to step up towards their future.

Shopping malls and supermarkets like Sheng Siong Supermarket, Djitsun Mall, NTUC Fairprice, Chong Pang Market, Sembawang Shopping Centre and Woodlands Mart provide the different retail stores and shopping items that are vital for your everyday life.

Transport at Chong Kuo Road

• Springleaf MRT
• Seletar Expressway (SLE)
• Tampines Expressway (TPE)

 

Top 5 Local Gourmet

• 33 Sembawang Eating House
• The Famous Kitchen
• Tok Panjang
• Wong Chiew
• Sher North Indian Cuisine

With numerous land sales around the area, the property site offers promising end sales within the completion of the project. Having a site area of 4,828 square meters, this location provides the much-needed space for property-seekers that accords to their preferences. This area can potentially yield a condominium development that can house about 70 to 85 units of residence.

The 99-year leasehold tenure for the land allows them to experience the modern quality living they have been seeking for. With an estimated breakeven of $1,3xx psf, property-seekers and investors will gain what their money is worth.

The location creates a promising place for residential development which allows for more opportunity both for the future residents and investors as it is within a few minutes drive from various amenities that is vitally essential for the everyday life of people.

Surrounding the neighbourhood are properties like Forest Hills Condo which sells up to $945, xxx psf and Orchid Park Condominium that sells up to $820, xxx psf for the upper and penthouse units.

 

Chong Kuo Road New Condo Showflat VVIP Preview Registration

** Do fill up the form below to register for Perumal Road Condo preview and we will update and also email you the brochure once it’s available.

Name: *


Email: *


Phone: *


Unit Type:

Remarks:

 

---

 

Review of Chong Kuo Road New Condo