PROJECT DETAILS
The Urban Redevelopment Authority (URA) has sold a residential site in Lorong Puntong, Upper Thomson Road, as part of Government Land Sales (GLS) URA in 4th quarter of 2014. This land parcel is set in the Central Region of Singapore, bounded by Sin Ming Avenue, Lorong Puntong and Upper Thomson Road, is listed under the confirm list of sites and allocated to be developed into a residential condominium. It has a site area of 113,051 square feet and is expected to house 280 housing units.
Nanshan group won the top bid of S$173.6 million, translating to about S$ 731 per square foot per plot ratio psfppr for this plot of land.
New and upcoming Lorong Puntong Condo is also bounded by Flame Tree Park and The Inglewood, Country Esquire and Country Grandeur. Other developments that are nearby New Condo include Thomson Three, Thomson Grand, Skyvue, Sky Habitat, Three 11, The Gardens at Bishan, Bishan Park Condominium, The Panorama and Thomson View Condominium.
New Lorong Puntong Condo is approximately 500 m away from the upcoming Bright Hill MRT Station, along Thomson Line, its estimated completion in 2020. Future residents can also take a bus to the upcoming station, which is 2 stops away, from the bus services available just outside the development. The Thomson Line Train services will bring conveniences to future residents of New Condo as it is just 7 train stations away from Orchard Road. For those who wish to drive to Orchard Shopping Belt, it will take approximately 10 minutes from New Condo. New Condo in Lorong Puntong, Sin Ming Avenue is also approximately 15 minutes’ drive away from the Central Business District (CBD). To travel to various parts of the island, future residents could also use the nearby Pan Island Expressway (PIE) and the Central Expressway (CTE).
When it comes to dining, shopping, entertainment and leisure facilities, future residents of New Lorong Puntong Condo can easily head down to the nearby Thomson Shopping Centre which is approximately 600 m away. Alternatively, they can take a short drive down to AMK Hub or Junction 8 which less than 3 km radius away. When feeling to indulge in yummy and cheap local food future residents can head down to Shunfu Food Centre, Kebun Baru Market and Food Centre, Sembawang Hill Food Centre or Mayflower Market where numerous of famous local food stalls are hosted.
New Lorong Puntong Condo will be one of the ideal locations for family living as it is close to many reputable schools. Schools such as Ai Tong School, Ang Mo Kio Primary School, CHIJ St. Nicholas Girls’ Primary School, Catholic High School (Primary), Bishan Park Secondary School, Peirce Secondary School, Mayflower Secondary School, Whitley Secondary School, CHIJ St. Nicholas Girls’ Secondary School, Ang Mo Kio Secondary School and Catholic High School (Secondary) are within a short radius away. New Condo is also close to James Cook University’s Singapore Campus.
Future residents can choose to take their days off and relax at the Lower Peirce Reservoir and MacRitchie Reservoir Park, one of the oldest reservoirs in Singapore. Or unwind yourself with games of Golf at the Singapore Island Country Club or Asian Golf Academy.
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| Project | New Lorong Puntong Condo- Thomson Impression |
| Developer | Nanshan Group |
| Location | Sin Ming Avneue |
| District | 20 |
| Tenure | 99 |
| Site Area | Approx. 113,502.15 sqft/10,502.80sqm |
| GFA: | Approx. 237,367sqft/ 22,052 sqm |
| Plot Ratio | |
| Expected TOP: | TBA |
| Total Units | 280 |
| Total Carpark | |
| Development | Residential building comprising of |
| Unit Type: | |
| Architect | |
| Eligibility | SC/ SPR/ Foreigner |
LOCATION and AMENITIES
New Lorong Puntong Condo is bounded by Upper Thomson Road, Sin Ming Avenue and Lorong Puntong.
Amenities Near New Lorong Puntong Condo@ Sin Ming Ave
| Category | Important Amenities Near New Condo | Approximate Distance |
| Train Stations | Bright Hill MRT (TS7) Thomson Line Due 2020 | 0.5km |
| Bus Stop | Opp Blk 454 (Bus: 52, 162, 162M, 410) Blk 454 (Bus: 52, 162, 162M, 410) |
0.1km 0.1km |
| Supermarkets | Fairprice (Thomson Plaza) Sheng Siong (Thomson Imperial Court) Giant (16 Jalan Kuras) |
0.6km 1.1km 1.5km |
| Shopping Malls | Thomson Plaza Junction 8 AMK Hub |
0.6km 2.4km 2.4km |
| Education Institutions | Preschool | |
| PCF Thomson Blk 441 Singapore Montessori Kindergarten PCF Kebun Baru Blk 235 PCF Thomson-Toa Payoh Blk 313 PCF Kebun Baru Blk 112 PCF Bishan North Blk 257 PCF Bishan North Blk 231 Knowledge Frontier Centre Bethesda (AMK) Kindergarten PCF Yio Chu Kang Blk 121-214 |
0.2km 0.5km 1.1km 1.2km 1.4km 1.4km 1.8km 1.8km 1.9km 1.9km |
|
| Primary | ||
| Ai Tong School Ang Mo Kio Primary School CHIJ St. Nicholas Girls’ Primary School Catholic High School (Primary) |
0.3km 1.4km 1.6km 1.8km |
|
| Secondary | ||
| Bishan Park Secondary School Peirce Secondary School Mayflower Secondary School Whitley Secondary School CHIJ St. Nicholas Girls’ Secondary School Ang Mo Kio Secondary School Catholic High School (Secondary) |
0.6km 0.6km 1.1km 1.5km 1.6km 1.7km 1.8km |
|
| Junior College | ||
| Anderson Junior College | 2.8km | |
| Tertiary | ||
| James Cook University | 1.8km | |
| International | ||
| Australian International School | 3.3km | |
| Food Centre | Shunfu Food Centre Kebun Baru Market and Food Centre Sembawang Hill Food Centre Mayflower Market |
1.1km 1.3km 1.5km 1.9km |
| Lifestyle | Asian Golf Academy Singapore Island Country Club (Island Location) Lower Peirce Reservoir Park Bishan Ang Mo Kio Park MacRitchie Reservoir Park |
1.1km 1.2km 1.2km 1.5km 2.0km |
FACILITIES AND SITE PLAN
New Lorong Puntong Condo Facilities and Site plan is currently seeking approval from relevant authorities. If you would like to be updated on first hand information for Lorong Puntong Condo along Sin Ming Avenue, Upper Thomson, Please
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WON TOP BID FOR UPPER THOMSON HOUSING LAND PARCEL SITE
SINGAPORE — Despite the sluggish property market, a private residential site near Upper Thomson Road has attracted the most bids since the introduction of the Total Debt Servicing Ratio (TDSR) in June last year, receiving a top offer that exceeded expectations.
The 113,051 sqf parcel at Lorong Puntong received 18 bids at the close of the tender yesterday, with the top offer of S$173.6 million, or S$731 per square foot per plot ratio (psfppr), placed by China-based Nanshan Group Singapore, the Urban Redevelopment Authority (URA) said yesterday.
Nanshan’s offer was 7 per cent above the second-highest bid of S$161.9 million, or S$682 psfppr, by SL Capital Ventures and 61 per cent above the lowest bid of S$108 million, or S$455 psfppr, by Tee Vista.
Property analysts said the strong interest in the site, under the Confirmed List of the Government Land Sales programme for the second half of this year, showed that developers are still hungry for land — albeit more selectively so. The parcel’s relatively small size also added to its attractiveness as smaller developers would find the price tag palatable.
“This plot is relatively small and thus commands a smaller quantum of below S$200 million … The bidders were probably also encouraged by the good attributes of the site — it is located in a mature estate and supported by a comprehensive network of amenities and renowned schools,” said Mr Desmond Sim, head of CBRE Research.
“Previous projects in the vicinity have sold well, further boosting developers’ confidence in the plot,” he added.
The 99-year leasehold site, with a maximum gross floor area of 237,409 sqf, is situated between two MRT stations currently under construction: Bright Hill and Upper Thomson. It is also near Ai Tong School — which is also currently under construction — Bishan Park Secondary School and Peirce Secondary School.
The site can potentially yield 280 units.
SLP International Property Consultants executive director Nicholas Mak said Nanshan Group appeared very confident of the site, noting that its bid surpassed the S$720 psfppr that UOL and Singapore Land had paid in 2012 for a nearby plot. “Based on the land price, the estimated break-even price for a new condominium to be developed on this (Lorong Puntong) site could vary from S$1,240 psf to S$1,310 psf. The Nanshan Group could be very confident of this site due to its attractiveness … Furthermore, it may plan to build an iconic development as its maiden condominium project in Singapore,” he said.
Nanshan Group hails from Shandong, China, and has been actively participating in Government Land Sales tenders this year.
Mr Ku added that the selling price for a 750 sqf unit might be between S$1,200 and S$1,400 psf.
Consultants said the new site's proximity to Ai Tong School and the proposed Bright Hill station on the Thomson Line were attractions while sites in mature private estates are hard to come by.
"While the residential market is slowing and recent tenders are seeing fewer bidders and more cautious bidding, developers are still keen on attractive sites and would try to secure them," said Mr Ong of JLL.