About Jalan Tembusu Site

Under the first part of the 2021 Government Land Sales (GLS) program, two residential plots situated at Jalan Tembusu and Tampines Street 62 (Parcel B) were available for sale on Thursday (27 May).

The Reserve List is accepting applications for the Urban Redevelopment Authority (URA) site at Jalan Tembusu and the Housing & Development Board (HDB) site at Tampines Street 62 (Parcel B). According to a joint statement from URA and HDB, the 99-year leasehold lands may generate a total of 1,340 residential units.

The 19,567.6 sq m Jalan Tembusu site, which is planned to generate 640 apartments, has a maximum total floor space of 54,790 sq m. It has a maximum construction height restriction of 70-75 meters, based on the Singapore height datum (SHD).

 

Jalan Tembusu / Tanjong Katong Location

Jalan Tembusu Site

The site is close to educational institutions such as Chung Cheng High School (Main), Tanjong Katong Primary School, Tanjong Katong Secondary School, and Tanjong Katong Girls’ School, and is about 1km from Dakota MRT station and 600m from the future Tanjong Katong MRT station on the Thomson-East Coast Line (TEL).

The property has a “high potential of being activated,” according to Mark Yip, CEO of Huttons Asia, since developers are short on well-located locations.

“This property is located in District 15, which is a popular region for home purchasers. Tanjong Katong MRT station is not far away. Furthermore, since the residences in the area are mostly flat and low-rise complexes, the project provides unobstructed views,” he said.

Yip estimates that if the tender is triggered and sold, the tender price will be around $1,400 and $1,500 psf ppr.

 

 

Potential of the Site

Jalan Tembusu is located at District 15, with a city fringe location. This site likely TOP in 2025/26, just nice in time for the operation of Thomson East Coast Line.

This site is likely to attract many homebuyers and investors as District 15 is often one of the highly sought-after districts to live in. Be it shopping, heading to beach, dining options and reputable schools, all are within short distance away.

 

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Review of Jalan Tembusu New Condo

Jalan Tembusu New Condo | GLS 2021
Jalan Tembusu Site

Jalan Tembusu is located at District 15, with a city fringe location. This site likely TOP in 2025/26, just nice in time for the operation of Thomson East Coast Line.

Product SKU: Jalan Tembusu New Condo | GLS 2021

Product Brand: Property Review

Product Currency: SGD

Product Price: 18900000

Product In-Stock: InStock

Editor's Rating:
5