PROJECT DETAILS
Tulip Gardens, located in along Farrer Road, bounded by Holland Road and Leedon Heights, Core Central Region of Singapore, has been sold to YanLord and MCL Land, through a collective sales, in the 2nd quarter of 2018, for S$907 million. The sales price will translate to about a land rate of S$1,789 psf per plot ratio.
YanLord and MCL Land submitted the top bid of S$907 million for Tulip Gardens, this translates to a land rate of S$1789 psf ppr.
Other developments that are sold en-bloc within the vicinity include The Wilshire, Olina Lodge, Too Mansions, The Estoril and Hollandia.
Consortium Tong Eng and Roxy Group submitted the top bid of S$98.8 million for The Wilshire, this translates to a land rate of S$1643 psf ppr
Far-East submitted the top bid of S$223.9 million for The Estoril, this translates to a land rate of S$1654 psf ppr
Far-East Consortium submitted the top bid of S$183.38 million for Hollandia, this translates to a land rate of S$1713 psf ppr
Peak Opal, a unit of Kheng Leong, submitted the top bid of S$230.9 million for Olina Lodge, this translates to a land rate of S$1712 psf ppr
Koh Brothers submitted the top bid of S$120.4 million for Toho Mansions, this translates to a land rate of S$1806 psf ppr
New Residences at Tulip Gardens site is only 400 m away from Farrer Rd Circle Line Station and just 2 stops away from Buona Vista Interchange Station which is very convenient for commuters as the East West Line is easily accessible via the Interchange. For drivers, it is takes only 5 minutes to get to Orchard Road area and 7 minutes to the Central Business District. New Residences at Tulip Garden is also well connected to the Pan Island Expressway (PIE) which leads to parts of Singapore.
It is just next door to Empress Market & Food Centre which makes finding food easy. There are more choices as New Condo at Farrer Road is also close to 5 other food centres that are within 2 km distance such as Holland Market & Food Centre, Commonwealth Crescent Market & Food Centre, Adam Road Food Centre, Holland Drive Market & Food Centre, Commonwealth Avenue Food Centre. There are also 3 shopping malls that are less than 1.5 km away from New Residences at Tulip Garden to choose from to get the daily needs.
For parents, your child’s education needs will be the last to worry. New Condo at former site of Tulip Garden has quite a number of esteemed schools within 2 km, that range from preschool to Tertiary level. School nearby New Condo at Tulip Garden include Nanyang Primary School, Raffles Girls’ Primary School, New Town Primary School, St Margaret’s Secondary School, Hwa Chong Institution, Queensway Secondary School, Nanyang Girls’ High School, Assumption English School, Hwa Chong Junior College, National Junior College and also tertiary institution i.e. NUS Faculty of Law (Bukit Timah Campus).
For Pleasure of Ownership,
Please Register HERE and
we will contact you soonest!
Heart of New Central
Financial District
Marina One Residences
Financial District
Marina One Residences
Heart of Tanjong Pagar
Financial District
Wallich Residence with
181 Limited Collection
Super Penthouse at 21,108sqft
Financial District
Wallich Residence with
181 Limited Collection
Super Penthouse at 21,108sqft
Other Developments in
Core Central Region
Core Central Region
| Project | New Condo at site of Tulip Garden |
| Developer | Yanlord Land Group and MCL |
| Location | Farrer Road |
| District | 10 |
| Tenure | Freehold |
| Site Area | 29,422 square metres/ 316,708 square feet |
| GFA: | square metres/ square feet |
| Plot Ratio | |
| Expected TOP: | |
| Total Units | Approximately residential apartments |
| Total Carpark | |
| Development | Private Condo comprising of communal facilities |
| Unit Type: | |
| Architect | |
| Eligibility | SC/ SC, SC/SPR and Foreigner can buy |
LOCATION MAP and AMENITIES
Amenities Near New Condo at former site of Tulip Gardens
| Category | Important Amenities Near New Condo at former site of Tulip Gardens | Approximate Distance |
| Train Stations | Farrer Road (CC20) Tan Kah Kee (DT8) Due 2015 |
0.4km 1.1km |
| Bus Stop | Farrer Road Market (B11101)(Bus: 48, 93, 153, 165, 174, 186, 564, 855, 961) Spanish Village (B11109)(Bus: 48, 93, 153, 165, 174, 186, 564, 855, 961, 5N) |
0.2km 0.2km |
| Supermarkets | Cold Storage Ntuc Fairprice Shop N Save Sheng Siong |
1.2km 1.2km 1.8km 1.8km |
| Shopping Malls | King’s Arcade Coronation Shopping Centre Holland Village |
1.0km 1.1km 1.2km |
| Education Institutions | Preschool | |
| Nanyang Kindergarten (King’s Rd) Nanyang Kindergarten (Coronation Rd) Global Tots Maris Stella Kindergarten Little Wings Bibinogs Cherie Hearts Eton House Cherrybrook Kindergarten |
0.2km 0.5km 0.9km 1.0km 1.3km 1.3km 1.4km 1.7km 1.8km |
|
| Primary | ||
| Nanyang Primary School Raffles Girls’ Primary School New Town Primary School |
0.7km 1.6km 1.9km |
|
| Secondary | ||
| St Margaret’s Secondary School Hwa Chong Institution Queensway Secondary School Nanyang Girls’ High School Assumption English School |
0.7km 1.0km 1.5km 1.6km 1.7km |
|
| Junior College | ||
| Hwa Chong Junior College National Junior College |
1.0km 1.5km |
|
| Tertiary | ||
| NUS Faculty of Law (Bukit Timah Campus) Singapore Polytechnic |
1.6km 3.0km |
|
| International | ||
| Norwegian Supplementary School United World College Of South East Asia (UWCSEA) – Dover Campus |
3.2km 3.8km |
|
| Food Centre | Empress Market Holland Market & Food Centre Commonwealth Crescent Market & Food Centre Adam Rd Food Centre Holland Drive Market & Food Centre Commonwealth Ave Food Centre |
0.2km 1.2km 1.2km 1.4km 1.7km 2.0km |
| Lifestyle | Singapore Botanic Gardens Tanglin Golf Course Hollandse Club Archery Club Queens Town Club Queenstown Stadium |
0.9km 1.7km 1.7km 1.9km 2.0km 2.5km |
FACILITIES SITE PLAN and FLOOR PLANS E-BROCHURE
The Facilities Site and floor plans of new condo launch in Farrer Road, at former site of Tulip Garden are currently seeking approval from relevant authorities.
If you would like to be updated on first hand information for new condo launch in Farrer Road,
Please Register with Us
for More information!
AVAILABLE UNITS/ SOLD/ CHEAPEST PRICES PSF
CHINESE YANLORD LAND GROUP and MCL BOUGHT TULIP GARDEN THROUGH COLLECTIVE SALES
A joint entity of Chinese developer Yanlord Land Group and MCL Land has bought freehold Tulip Garden for $906.9 million - the second biggest collective sale this year.
The price is 20.4 per cent higher than the reserve of $753 million submitted by owners of the 316,708 sq ft estate completed in 1985.
Tulip Garden, comprising 162 apartments and maisonettes and two shop units, is in District 10 and close to Holland Village and a Good Class Bungalow area.
Each residential unit owner could get between $4.3 million and $7.6 million, depending on the size of the home - unit sizes range from 1,701 to 3,412 sq ft.
It is a case of fourth-time lucky for Tulip Garden owners. The development was actually sold in July 2007 during its first try, but the buyer - a consortium led by Bravo Building Construction - backed out after struggling to raise funds amid the developing financial crisis.
Bravo forfeited its 5 per cent deposit of $25.8 million, which the owners kept. Reports suggested at the time that they each stood to reap about $100,000.
This time the process should be far smoother.
Colliers International managing director Tang Wei Leng said: "Despite a spate of collective sale deals done in the Holland Road area in recent months and a large slate of redevelopment sites on the market, the tender for Tulip Garden still attracted very keen interest - a testament to its excellent locational attributes."
The sale price works out to a land rate of $1,790 per sq ft per plot ratio (psf ppr). This is higher than recent collective sales in the area such as the $1,703 psf ppr for Hollandia, the $1,654 psf ppr for The Estoril and $1,536 psf ppr for The Wilshire.
The Tulip Garden site could yield up to 670 residential units with its plot ratio of 1.6, said Yanlord in a Singapore Exchange announcement after trading hours yesterday.
There is no development charge payable for redevelopment up to a gross plot ratio of 1.6, said Colliers.
The acquisition is Yanlord's first venture in Singapore's prime freehold residential property market.
The biggest collective sale deal this year is Pacific Mansion in River Valley, which was acquired by GuocoLand, Intrepid Investments and Hong Realty for $980 million.
Yanlord said the acquisition and development of the project will be financed by internal resources and bank borrowings.
Yanlord Land shares closed two cents up at $1.75, before the announcement was made.
Source: Straits Times 13th April 2018
CONTACT US
You are only one-step away from owning a unit New Condo in Tulip Garden Residences
Thank you for Your interest in New Condo in Tulip Garden Residences
Be among the first to view and book Tulip Garden Residences, a new life-style at the former site of Tulip Garden at Farrer Road, at the lowest pre-launch price
Enjoy attractive prices before the official public launch. Be the first to secure your choice unit
- Latest updates on the development
- Priority unit choice and selection
- Enjoy early-bird VVIP Discounts
- Direct Developer price
- No Commission payable
Register for a copy of Tulip Garden Residences Floor plans, E-Brochure, Pricing and Latest Updates!
