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The Housing and Development Board (HDB) has sold a mixed development site at Alexandra View as part of Government Land Sales (GLS). This land parcel is bounded by Alexandra View, Leng Kee Road and Tiong Bahru Road, in the Central Region of Singapore, and is located next to Redhill MRT Station. It is listed under the confirmed list of sites and is allocated to be developed into a mixed residential, commercial development with approximately 420 residential apartments.
Tang Skyline won the top bid of S$376.88 million which translates into S$851 per square feet per plot ratio (psf ppr).
New Condo in Alexandra View is located at the private residential of enclave of Redhill which is just next door to the exclusive Tanglin residential district, one of the most sought after prestigious private residential area in Singapore. The site of New Condo development is just next to Redhill MRT Station, which is along Tiong Bahru Road.
Other developments around the vicinity include The Metropolitan, Ascentia Sky, Echelon, Alex Residences, The Crest, Mon Jervois, Commonwealth Towers, Highline Residences, The Alexis, Tanglin view, Tanglin Regency, Queens and Anchorage.
Future residents will enjoy the best of conveniences when living in New Condo as it is just next to the Redhill MRT Station which operates the East West Line. This allows future residents of New Condo to have great accessibility to be able to travel to many parts of Singapore including downtown financial district, Jurong Lake District, Tuas Industrial District and also the Airport without having to transit to other MRT lines. For future residents of New Condo in Alexandra View who work in the Central Business District (CBD), this development will be great conveniences as it takes only approximately 6 minutes of driving to reach there. It also takes drivers only approximately 6 minutes to reach the Orchard Shopping Belt. New Condo is also close to the Central Expressway (CTE) and the Ayer Rajah Expressway (AYE) which make driving a breeze when driving to and fro various parts of the Singapore.
When it comes to shopping, dining and entertainment, future residents of New Condo will have several options. Within close proximity of Alexandra View include Tiong Bahru Plaza, Valley Point Shopping Centre, IKEA Alexandra, Anchorpoint Shopping Centre, Alexandra Central, Queensway Shopping Centre and Great World City are some of the shopping malls that are within 2 km away from New Condo. New Condo is also an ideal location for those who like to indulge in local delicious food. Many food centres are within New Condo’s reach such as Redhill Lane Block 85 Food Centre, Bukit Merah Central Food Centre, Bukit Merah View Block 115 Market And Food Centre, Redhill Food Centre, ABC Brickworks Food Centre, Beo Crescent Block 38A Market and Food Centre, Telok Blangah Crescent Block 11 Market And Food Centre and Havelock Road Food Centre.
Local schools that are nearby New Condo include Gan Eng Seng Primary School, Zhangde Primary School, Queenstown Primary School, Blangah Rise Primary School, Radin Mas Primary School, Crescent Girls’ School, Henderson Secondary School, Queenstown Secondary School, Bukit Merah Secondary School, Gan Eng Seng Secondary School and also CHIJ Saint Theresa’s Convent.
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Project | Alexandra View Condo |
Developer | Tang Skyline |
Location | Alexandra View/ Redhill |
District | 3 |
Tenure | 99 years lease |
Site Area | |
GFA: | sqft |
Plot Ratio | |
Expected TOP: | |
Total Units | |
Total Carpark | |
Development | Condo comprising of |
Unit Type: | |
Architect | |
Eligibility | SC/ SC, SC/SPR and Foreigner |
Category | Important Amenities Near New Condo cum commercial | Approximate Distance |
Train Stations | Redhill (EW18) | 0.1km |
Bus Stop | Delta Sports Hall (Bus: 51, 139, 186, 970) Opp Delta Sports Hall (Bus: 51, 139, 186, 970) Redhill Stn (NR5, 32, 33, 64, 120, 132, 145) |
0.5km 0.6km 0.2km |
Supermarkets | Giant NTUC Cold Storage Sheng Siong |
0.3km 0.4km 0.6km 2.1km |
Shopping Malls | Valley Point Tiong Bahru Plaza Great World City Anchorpoint Shopping Centre IKEA Alexandra Alexandra Central (U/C) Tanglin Mall Queensway Shopping Centre |
0.7km 1.4km 1.3km 1.5km 1.5km 1.6km 1.7km 1.9km |
Education Institutions | Preschool | |
PCF Radin Mas Blk 70A PCF Radin Mas Blk 87 PCF Tanglin-Cairnhill Blk 124A JHS Montessori Kindergarten White Lodge Kindergarten (Phoenix Park) PCF Kreta Ayer-Kim Seng Blk 79 PCF Queenstown Blk 53A Kay Poh Road Baptist Kindergarten PCF Queenstown Blk 3 True Way Presbyterian Kindergarten |
0.5km 0.5km 0.8km 0.9km 1.0km 1.1km 1.3km 1.3km 1.4km 1.5km |
|
Primary | ||
Gan Eng Seng Primary School Zhangde Primary School Queenstown Primary School Radin Mas Primary School River Valley Primary School Blangah Rise Primary School CHIJ (Kellock) |
0.6km 1.0km 1.4km 1.8km 2.0km 2.0km 2.0km |
|
Secondary | ||
Crescent Girls’ School Gan Eng Seng Secondary School Henderson Secondary School Queenstown Secondary School Bukit Merah Secondary School CHIJ Saint Theresa’s Convent |
0.4km 0.5km 0.5km 0.7km 0.8km 1.7km |
|
Junior College | ||
Anglo Chinese Junior College | 4.0km | |
Tertiary | ||
PSB Academy | 0.8km | |
International | ||
ISS International School (Preston Campus) ISS International School (Paterson Campus) Overseas Family School Finnish Supplementary School Global Indian International School (Queenstown Campus) |
1.8km 1.9km 1.9km 1.9km 2.0km |
|
Food Centre | Redhill Lane Block 85 Food Centre Bukit Merah View Block 115 Market And Food Centre Bukit Merah Central Block 163 Food Centre Redhill Food Centre Beo Crescent Block 38A Market and Food Centre Havelock Road Block 22A Food Centre ABC Brickworks Food Centre Jalan Bukit Merah Block 112 Market And Food Centre Zion Riverside Food Centre Telok Blangah Crescent Block 11 Market And Food Centre Tiong Bahru Market Alexandra Village Food Centre Mei Chin Road Block 159 Market |
0.4km 0.6km 0.8km 0.9km 1.0km 1.2km 1.3km 1.4km 1.5km 1.5km 1.6km 1.7km 1.8km |
Lifestyle | Delta Sport Complex Tiong Bahru Park Alexandra East Neighbourhood Park SAFRA Mount Faber Telok Blangah Hill Park Mount Faber Park Queens Townclub Tanglin Golf Course Singapore Botanic Garden Queenstown Stadium |
0.4km 1.0km 1.1km 1.5km 1.5km 1.7km 1.7km 1.7km 2.0km 1.9km |
The Facilities and Site plan of new condo in Alexandra Veiw are currently seeking approval from relevant authorities. If you would like to be updated on first hand information for new Alexandra View Condo, Please
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The tender for the 99-year leasehold site at Alexandra View attracted a total of 10 bids. The highest bid of $376.88 million or $850.81 psf per plot ratio (psf ppr) for the mixed development site was submitted by Tang Skyline. That is just 1% higher than the second bid submitted by Singland Homes and UOL Venture Investments at $373.1 million ($842.28 psf ppr). Notwithstanding, it appears that developers’ sentiments have mellowed in view of the restrained winning bid in comparison to Singland’s $970 psf ppr bid for the nearby Alex Residences in December 2012.
“The top bid is 3.6% higher than the Principal Garden site which closed in April 2014 at $820.67 psf ppr,” says Nicholas Mak, head of research at SLP International. The fact there were 10 bids, indicates there is still healthy demand from developers for prime and attractively located GLS sites like Alexandra View which is next to Redhill MRT Station, adds Mak.
According to SLP the 99-year leasehold mixed development site with a land area of 90,401 sq ft and maximum permissible gross floor area (GFA) of 442,967 sq ft could potentially yield between 400 and 450 private homes and about 21,528 sq ft of commercial spaces.
Consultants believe the commercial space will likely be developed into shops, cafes and restaurants to serve MRT commuters and residents from neighbouring developments.
SLP’s Mak estimates the breakeven price for the residential units to be about $1,350 psf to $1,400 psf. This would give the developer a comfortable profit margin while remaining competitive against the selling prices of comparable new condominiums in the vicinity, ranging from $1,530 to $1,950 psf, he said.
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