The Urban Redevelopment Authority (URA) has sold a mixed-developnment site, marked for residential and commercial use with a bus interchange, in Jalan Anak Bukit, off Upper Bukit Timah Road. This development will have an underground connection to Beauty World MRT Station, serving the Downtown Line (DTL). It has a site area of 3.2ha and can yield approximately 865 apartments. 96,551 square metres can be used for commecial use, which include 7,500 square metres for shops and eateries while 5,000 square metres for bus interchange.
Beauty World precinct will be a green urban village that will be a southern gateway into Bukit Timah's nature attraction.
There are plans that are drawn up by the URA to capitalize on the nature reserves, the parks and the green spaces around to bring them all closer to each other. One of it will be the planned “Green Promenade” which will start running down from the Upper Bukit Timah Road and stretches all the way to the Rochor-Bukit Timah Green Walk.
The close by Rifle Range Natural Park, the Coast-to-Coast Trail as well as the Rail Corridor which will be spurring the rejuvenation of the Beauty World area as well as the nearby old Bukit Timah Fire Station which is under conservation will be serving as gateways to the nature and heritage sites in the surrounding.
The Rail Corridor, which is located along the stretch of the former KTM railway, will be transforming into a “green corridor” which will also comprise of community spaces and is scheduled for completion in 2021.
Certain parts of the Rail Corridor, like the Bukit Timah Rail Station and the Station Master Quarter, will be repurposed, restored and conserves for their rich heritage values. For example, the railway station will be served as a base for communal activities as well as heritage gallery. There is also planning to include more green landscapes to offer the visitors of the Rail Corridor, the nature reserves and parks pleasant walks.
Other that the above, the area also have other attributes that are worthy to note. One of them will be the proximity of the area to the growth centres that are identified by the URA under their Master Plan recently.
This portion of the Upper Bukit Timah area, where Linq at Beauty World is situated, is just right across the Clementi Road after the premium Bukit Timah neighbourhood, with its pricing corresponding to.
The Bukit Timah district is also well known for the educational belt is home to some of the most well-established local educational institutions, tertiary centres as well as international education amenities. These education institutes can be easily accessed via the same MRT line that is serving the Linq at Beauty World which is advantageous to school-going children staying in the development. With all these elements especially the closeness to the MRT station had attracted the developer to bid for this land parcel.
Another noteworthy major development that is up and coming will be the integrated transportation hub that is located across the Jalan Jurong Kechil.
The land parcels that are released by the URA will be the most at 99 years leases. With its freehold status, it will give the Linq condo an edge over the others in the neighbourhood.
There are also plans that are drawn up by the URA to capitalize on the nature reserves, the parks and the green spaces around to bring them all closer to each other. One of it will be the planned “Green Promenade” which will start running down from the Upper Bukit Timah Road and stretches all the way to the Rochor-Bukit Timah Green Walk.
The close by Rifle Range Natural Park, the Coast-to-Coast Trail as well as the Rail Corridor which will be spurring the rejuvenation of the Beauty World area as well as the nearby old Bukit Timah Fire Station which is under conservation will be serving as gateways to the nature and heritage sites in the surrounding.
The Rail Corridor, which is located along the stretch of the former KTM railway, will be transforming into a “green corridor” which will also comprise of community spaces and is scheduled for completion in 2021.
Certain parts of the Rail Corridor, like the Bukit Timah Rail Station and the Station Master Quarter, will be repurposed, restored and conserves for their rich heritage values. For example, the railway station will be served as a base for communal activities as well as heritage gallery. There is also planning to include more green landscapes to offer the visitors of the Rail Corridor, the nature reserves and parks pleasant walks.
Other that the above, the area also have other attributes that are worthy to note. One of them will be the proximity of the area to the growth centres that are identified by the URA under their Master Plan recently.
Another appealing factor is the address of this freehold development. This portion of the Upper Bukit Timah area, where Linq at Beauty World is situated, is just right across the Clementi Road after the premium Bukit Timah neighbourhood, with its pricing corresponding to.
Over at the Bukit Timah district, the new freehold launch, Royalgreen, is priced from $2,6xx per square foot onwards. Even for those new launches that are of 99 years tenures such as the Mayfair Modern and the Fourth Avenue Residences are priced between $1,9xx and $2,4xx per square foot.
Yet with just short proximity away, the new project launches that are situated on the Clementi Road side are considerably priced lower. Developments such as View at Kismis and Daintree Residence, which both are of 99 years tenure, are pricing between $1,4xx and $1,7xx per square foot.
The Bukit Timah district is also well known for the educational belt is home to some of the most well-established local educational institutions, tertiary centres as well as international education amenities. These education institutes can be easily accessed via the same MRT line that is serving the Linq at Beauty World which is advantageous to school-going children staying in the development. With all these elements especially the closeness to the MRT station had attracted the developer to bid for this land parcel.
The development will be a high rising one together with those others that enveloping the Bukit Timah Road. However, the neighbourhood surrounding it comprises mainly of low-rise estates that has a blend of leafy quiet landed residential estates as well as condominium that are of low-rise. There are also many eateries as well as coffeeshops that dot around the roads nearby.
Against all those will be the setting of the nature reserves and greenery that is in the north eastern direction of the development. The Bukit Timah Nature Reserve is one of the few primary rainforests patches that are remaining in Singapore. Those units in the higher floor are likely to be able to enjoy the views of this nature reserve and also the Bukit Timah Hill.
Against all those will be the setting of the nature reserves and greenery that is in the north eastern direction of the development. The Bukit Timah Nature Reserve is one of the few primary rainforests patches that are remaining in Singapore. Those units in the higher floor are likely to be able to enjoy the views of this nature reserve and also the Bukit Timah Hill.
The diversity provides this area with a big deal of interest and character which the locality will be nothing near to monotonous. This gives the area its own appealing factor not just to locals but as well as expats.
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Project | Jalan Anak Bukit |
Developer | Far East Prganisation and Sino Group |
Location | Uppr Bukit Timah Road |
District | 21 |
Tenure | 99 years |
Site Area | |
GFA: | |
Plot Ratio | |
Expected TOP: | |
Total Units | Approximately 865 residential units |
Total Carpark | |
Development | Condo comprising of communal facilities |
Unit Type: | |
Architect | |
Eligibility | SC, SPR and Foreigner can buy |
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SINGAPORE - A $1.03 billion tender for the commercial and residential site in Jalan Anak Bukit has been awarded to FE Landmark, FEC Residences Trustee and FEC Retail Trustee, the Urban Redevelopment Authority (URA) said Monday (Aug 30).
The 3.22ha land parcel is located at the junction of Upper Bukit Timah Road and Jalan Jurong Kechil, next to Beauty World MRT Station.
FE Landmark, FEC Residences Trustee and FEC Retail Trustee are companies under Singapore real estate developer Far East Organization and its Hong Kong-based sister company Sino Group. They had submitted three different bids and concept proposals, according to property news portal EdgeProp.
They are the only ones who submitted multiple bids. All three bids were a 50-50 joint venture between Far East Organization and Sino Group, said EdgeProp.
The highest bid was $1.03 billion.
The blended land cost including residential, commercial and community use is $989 per square foot, which is inline with the market after accounting for location and market sentiments, said Mr Mark Yip, chief executive of Huttons Asia.
The tender was launched on June 30 last year and closed on June 29 this year.
A concept and price revenue tender approach was adopted to shortlist "quality development concepts that are attractive and respond well to the surrounding context", URA said.
Such concepts involve the integration of amenities that connect to pedestrian-friendly streets and well-designed public spaces, it added.
A total of five concept proposals from three tenderers were received for the site.
The land parcel is envisaged as a mixed-use development with an integrated transport hub that "enhances the identity of Beauty World as an urban green village with excellent public transport connectivity", said URA.
It added that the winning proposal "is compelling in its well-considered site planning, design response to tropical climate and integration of the various uses and public spaces".
The proposed mixed-use development will have an integrated transport hub with a bus interchange on the second storey, and civic and commercial spaces that span the first three storeys along Upper Bukit Timah Road and Jalan Jurong Kechil.
"The scheme demonstrates a well-conceived design strategy in its generously spaced building blocks with a well-considered tropical design response," said URA.
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