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About Handy Road Site Land Tender
City Development Limited (CDL) submitted top bid at a highly contested site at Handy Road in Singapore District 9 with a top bid at $212.2 million or $1,722 psf ppr. This site is along Orchard Shopping Belt and near to Dhoby Ghaut MRT Station and Plaza Singapura. This site received the most bids as compared to another GLS sites at Chong Kuo Road and West Coast vale which received 8 bids and 6 bids respectively.
CDL bid at $1,733 psf ppr was just about 0.6% off for the record prie set for the Jiak Kim Street Land Sales which was award to Fraser Centrepoint last year.
CDL under Kwek Leng Beng, is selective in their land purchase and see potential in this site as it is rare to get a GLS site in Central District 9. Singapore residential market is currently also recovering, especially in the core central region as developer seek to stock up their land bank especially in core central region.
This development is likely to build 8 to 10 storey high with about 200 residential units. The current conversation building will be converted to a clubhouse to retain its heritage charm.
Meanwhile, CDL also came in top bid for another GLS at West Coast Vale which can build 2 storeys at 36 storey high with about 700+ units.
About Handy Road Site
|Project Details||Handy Road Condo|
|Description:||Residential Development with communal facilities at Handy Road|
|Address:||Handy Road, Singapore|
|Site Area:||4,796.2 sqm|
|Total Units:||Approximate 200 units|
|Tenure:||99 years leasehold|
Handy Road Condo Location
Located at Handy Road District 9 Singapore, this new condo is near to various shopping mall and medical centre like Plaza Singapura, The Cathay, Wilkie Edge, Centrepoint and many more. Mount Elizabeth Hospital is also nearby together with Connexion.
Whether for investment or own stay, this handy road new condo is an attraction. Its location is already in highly sought after district 9, with Dhoby Ghaut MRT Station at door step. Even without going where, Plaza Singapura shopping mall alone is a shopping paradise with dining options and shopping, grocery shopping all under one roof, exclude all other shopping mall in the region.
Its splendid location is well connected via various mode of transport, whether public transport or via car.
|Dhoby Ghaut MRT
Central Expressway (CTE)
|River Valley Primary School
Farrer Park Primary School
Saint Margaret Primary School
Saint Joseph Institution
Outram Secondary School
Catholic Junior College
Singapore Management University (SMU)
Nanyang Academy of Fine Arts
Italian Supplementary School
Oversea Family School
Swedish Supplementary School
Chatsworth International School
Sim Lim Square
Dhoby Ghaut Xchange
Fort Canning Park
Potential of the Site
For residents looking own stay, this location is very ideal as its located in a very centralise location, yet serene as its in a low density, away from crowd. Residents here can expect a centralise location, yet have a good rest when they need to recharge for next day at work.
For investors, as this location is near to various international school, this development can not only appeals to expats, but also foreign students studying in Nanyang Academy of Fine arts or SMU. Students renting here can just walk to their school. This development also come at a good time for investors to cash in on the upturn in Singapore Property market, especially in the core central region.
Handy Road New Condo Registration of Interest
Do register your interest below and we will update you more information and brochure is available
Review of Handy Road New Condo
Handy Road New Condo | GLS 2018
City Development Limited (CDL) submitted top bid at a highly contested site at Handy Road in Singapore District 9 with a top bid at $212.2 million or $1,722 psf ppr. This site is along Orchard Shopping Belt and near to Dhoby Ghaut MRT Station and Plaza Singapura.
Product SKU: Handy Road New Condo | GLS 2018
Product Brand: Property review
Product Currency: SGD
Product Price: 12000000
Product In-Stock: InStock