Irwell Bank New Condo

About Irwell Bank New Condo

Located at the intersection of Irwell Bank and the River Valley Road, Irwell Bank new condo is wrapped in 137,656 sq ft area with a 2.8 GPR or Gross Plot Ratio under the Draft Master Plan of 2019. The brand-new development covers an ultimate 385,444 sq ft Gross Floor Area, along with a height building limit of 36 storeys. This highly fascinated residential development can draw a maximum of 445 units, URA explained.

The site is congruent to Orchard Road a place dense with shopping hubs and will just step away to the incoming World MRT Station around Thomson East Coast Line.

Tricia Song, the lead researcher for Colliers International Singapore, “This area so far considered as the most attractive among the GSL slate for 2019 second half and would inspire developers who are meticulous in adding, unique, sizeable private residential areas in the main District 9 straight to their property development pipeline.”

 

IRWELL BANK NEW CONDO LOCATION

Irwell Bank New Condo considered the most attractive in terms of location element. It is nestled around the central District 10, with its two frontages, one right in Irwell Bank Road and the other one around River Valley Road.
It is steps away from the incoming Great World City MRT Station and within the experience of ease and comfort to the Metro and suburban of Singapore. It’s strategic proximity to River Primary School and Great World City shopping centre adds fragrance to the potential buyers.

The land area is nestled around the stable residential site with condominiums like The OUE Twin Peak and Cosmopolitan in the neighbourhood.

Considering the cue over $1,733 psf/plot ratio as the bid price for the recent development of Riviere at Jiak Kim Street. There is a big chance that the area of development is able to raise between the ranges of $1,500 to $1,800 psf/plot ratio. Per current sales at 3 Cuscaden, Boulevard 88 and Riviere, it appears that business investors are more concern on each price level plus leaning more on residential developments which are freehold. It is expected then that bidders for Irwell Bank Road Condo will be wary of their bids.

Educational institutions like ISS International School, River Valley Primary School and the standard Dimensions International College within the area. The future property developments are steps away from Design Orchard, Orchard Road malls, entertainment hubs and the Great World City.

 

 

TRANSPORT AT IRWELL BANK NEW CONDO

• (CTE)Central Expressway
• Havelock MRT Station
• Somerset MRT Station
• Great World MRT Station

NEARBY AMENITIES

• UE Square
• The Quayside
• Liang Court
• Valley Point Shopping Centre
• Robertson Quay
• Great World City
• American Club
• Fort Canning Park
• Tiong Bahru Park

EDUCATION INSTITUTIONS

• River Valley Primary School
• ISS International School
• Dimensions International College

 

ABOUT THE DEVELOPER

Irwell Bank New Condo, a freehold development rising around District 9 under the brilliance of Carmel Development Pte Ltd (A collaboration among Hong Realty Pte Ltd, GuocoLand Limited, Hong Leong Holdings Limited.)CARMEL DEVELOPMENT PTE. LTD., a popular Private Company Limited through Shares, collaborated April 09, 2018 in Singapore. The company is officially located right at Hong Leong Building. And actively operating for over 1 year and 375 days. This immaculate residential development anchors as much as 445 units, in 36 storeys of 385,444 sq ft GFA.

 

POTENTIAL OF THE SITE

The newest land sales at Irwell Bank Road Condo will be considered the Singapore’s homogenous lifestyle hub over the midland, promoting wellness, sports, retails and more neighbourhood rituals gathered around a convenient place interacting and being counted.

As the project flourishes, incoming residents will be surprised with the following advance expansion;

More school developments, both elementary, high school and college. State-of-the-art health facilities would be provided and be increased. Also, expect more and more health and wellness facilities for the whole community to enjoy. Food hubs, malls and amusements will surface like mushrooms.

 

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REVIEW OF IRWELL BANK NEW CONDO