Name: Orchard Boulevard New Condo
Brand: Property Review
SKU: Orchard Boulevard New Condo
Price: 1880000 SGD
Availability: InStock

Table of Contents

About Orchard Boulevard GLS Site

Orchard Boulevard new condo plot was the first GLS site offered in the Orchard region since May 2018. Cuscaden Reserve, a 99-year leasehold condo, is now being constructed by SC Global Developments, New World Development, and Far East Consortium, all of which are publicly traded on the Hong Kong Stock Exchange.

The land has the potential to accommodate 270 residential units and 500 square meters (GFA) of commercial space. The release date is set for October 2023.

Chia Siew Chuin, head of JLL’s residential research, research, and consulting, anticipates offers “ranging from S$2,069 psf to S$2,225 psf per plot ratio (ppr)” range.

Orchard Boulevard Site Location

Located next to the Orchard Boulevard MRT station on the brand-new Thomson-East Coast Line (TEL), the Orchard site on the H2 2023 confirmed list is a relatively small 0.68 hectares plot of land.

The Orchard Boulevard Site is conveniently close to several shopping, dining, and entertainment options. Orchard Boulevard MRT, Somerset MRT, Orchard MRT, and many more MRT stations are conveniently located nearby for those who like to use them to go about the city.

The city’s main expressways, including Bukit Timah Road, the Central Expressway (CTE), the Ayer Rajah Expressway (AYE), and the Pan Island Expressway (PIE), make driving around easy.

This site is a great place to stay if you like shopping. It’s not far to the Orchard Shopping District. In addition to ION Orchard, Wheelock Place, Tanglin Mall, Forum The retail Mall, Delfi Orchard, etc., there are many additional retail centers within a short distance of the condo.

The property is conveniently located within a short drive from Singapore’s most renowned tourist site, the Botanic Gardens.

Lifestyle Living in the Heart of Orchard Boulevard GLS Site

Living in Orchard Boulevard GLS Site, Singapore, is like stepping into a world of luxury and refinement. Situated in one of the most prestigious neighborhoods in the city-state, Orchard Boulevard offers an unparalleled living experience that is synonymous with sophistication and exclusivity.

One of the biggest draws of living in Orchard Boulevard new condo is its proximity to Orchard Road, the iconic shopping district known for its upscale boutiques, designer labels, and world-class dining. As a resident of Orchard Boulevard, you have direct access to this retail paradise, allowing you to indulge in a luxurious shopping spree or savor exquisite culinary delights whenever you desire. From international fashion brands to Michelin-starred restaurants, Orchard Road offers an unparalleled shopping and dining experience that is truly unrivaled.

But Orchard Boulevard New Condo is not just about high-end shopping and dining. It also boasts a tranquil and serene environment amidst the urban bustle. The neighborhood is lined with lush greenery, providing a refreshing retreat from the city’s fast pace. Take a leisurely walk along the tree-lined streets, relax in one of the picturesque parks, or simply bask in the tranquility of your private oasis. Living in Orchard Boulevard offers the perfect balance between luxury and serenity.

Moreover, Orchard Boulevard GLS offers convenient connectivity to the rest of the city. With excellent transportation networks and easy access to major expressways, getting around Singapore is a breeze. Whether you’re commuting to work in the Central Business District, exploring other vibrant neighborhoods, or escaping to the stunning Southern Islands for a weekend getaway, Orchard Boulevard’s strategic location ensures that you’re always well-connected.

Potential of the Site

Cuscaden Reserve, a development of 192 units, has seen prices per square foot (psf) rise to above S$3,800. Pricing for the project began in 2019 at S$3,300 to S$3,500 psf.

Huttons’ senior research director Lee Sze Teck has speculated that the site’s unit mix, size, and selling price may have to “cater more towards the local market” in light of the recent property cooling measures’ effect on foreign demand.

In 2018, nine bids competed for the Cuscaden Reserve land, which was sold for S$410 million, or S$2,377 psf ppr.