PROJECT DETAILS
The Housing and Development Board (HDB) has sold a mixed development site which comprises of residential component in Perumal Road, under the Government Land Sales (GLS), in the 1st quarter of 2017. This land parcel is bounded by Perumal Road, Race Course Road and Serangoon Road, located at the Central Region of Singapore. and is allocated to be developed into private condominium. It has a site area of 41,979 square feet and will house approximately 200 residential apartments.
Low Keng Huat Ltd won the top bid of S$174.08 million, translating into S$1,000.71 per square foot per plot ratio (psf ppr).
For More information on Uptown at Farrer, Please Read HERE
New GLS Land Sales at Northumberland Road 2022
New Condo in Perumal Road is close to the upcoming Farrer Square, an upcoming development which comprises of 42 premium medical suites, and also next to the Sri Srinivasa Perumal Temple.
Other developments that are located within New Condo’s vicinity include The Citron and Citron Residences (a mixed commercial and residential development), City Square Residences, Sturdee Residences, Tyrwhitt 139, Le Somme, Parc Somme, Ritz at Farrer, 28RC Suites, Jool Suites, 8 Farrer Suites, Forte Suites and Cityscape.
New Condo at Perumal Road- A Mixed Development- Connectivity
New and Upcoming Condo in Perumal Road is conveniently located next to the Farrer Park MRT Station serving the North East Line. Future residents of New Condo need only to take an approximate of 8 minutes to reach Dhoby Ghaut MRT Interchange which is just 3 stations away. This will allow them to easily transit to the North South Line and also the Circle Line. New Condo is also just 1 station away from Little India MRT Station which its future residents can also transit to the Downtown Line. With all these conveniences, it will be easy for future residents to commute to any part of the Singapore.
New Condo in Perumal Road is also only a short distance away from the Central Expressway (CTE) and it will take future residents to drive to the Central Business District (CBD) and Orchard Shopping belt in approximately 8 minutes and 6 minutes respectively. New Condo is also near to the Pan Island Expressway (PIE), the Kallang Paya Lebar Expressway (KPE) and also the Nicholl Highway which makes traveling a breeze to any parts of Singapore.
New Condo at Perumal Road- A Mixed Development- Amenities
New Perumal Road Condo is just approximately 200 m away from City Square Shopping Mall where there are many F&B outlets, shops, supermarket and cinema can be found. For late night shopping, future residents can just take a short walk to Mustafa Centre, a mega mall which operates 24 hours, 7 days a week. Other shopping malls that are near to New Condo are Sim Lim Square, Albert Complex, Golden Mile Complex, Bugis+, Bugis Junction, Parklane Shopping Mall, PoMo and United Square Shopping Mall.
For local food, as well as fresh market produce, there are many choices for its future residents. New Condo in Perumal Road is near to Berseh Food Centre, Pek Kio Market And Food Court Centre, Tekka Market, Bendemeer Road Block 29 Market And Food Centre, Whampoa Drive Market & Food Centre, North Bridge Road Market & Food Centre, Albert Centre Market and Food Centre, Golden Mile Food Centre, Newton Food Centre, Upper Boon Keng Road Block 17 Market & Food Centre and Geylang Bahru Block 69 Market And Food Centre.
New Condo at Perumal Road- A Mixed Development- Education
There are many local education institutions nearby such as Farrer Park Primary School, Stamford Primary School, Hong Wen School, Saint Joseph’s Institution Junior, Bendemeer Primary School, Saint Margaret’s Primary School, Anglo-Chinese School (Junior), Balestier Hill Primary School, Bendemeer Secondary School, Balestier Hill Primary School, School of the Arts, Singapore and CHIJ Katong Convent.
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| Project | Perumal Road New Condo |
| Developer | Low Keng Huat Ltd |
| Location | Perumal Road, Serangoon Road, next to Farrer Park MRT Station |
| District | 08 |
| Tenure | 99 years lease |
| Site Area | 3,847.8 square metres/ 41,417 square feet |
| GFA: | |
| Plot Ratio | 4.2 |
| Expected TOP: | |
| Total Units | Approximately 200 residential apartments |
| Total Carpark | |
| Development | A Mixed Development which comprises of Private condominium with communal facilities |
| Unit Type: | |
| Architect | |
| Eligibility | SC, SPR and Foreigners can buy |
LOCATION and AMENITIES
Amenities Near New Condo at Perumal Road
| Category | Important Amenities Near New Condo at Perumal Road | Approximate Distance |
| Train Stations | Farrer Park (NE8) | 0.1km |
| Bus Stop | Opp Farrer Park Station (Bus: 141) After Race Course Rd(Bus: 131, 141) |
0.1km 0.1km |
| Supermarkets | Fairprice (City Square Mall) Prime (803 King George’s) Sheng Siong (108 McNair Road) Cold Storage (Bugis Junction) |
0.2km 0.8km 1.1km 1.5km |
| Shopping Malls | City Square Mall Mustafa Centre Kitchener Complex The Verge Sim Lim Square Albert Complex Bugis Village Fortune Centre Bugis+ Bugis Junction Novena Square |
0.2km 0.3km 0.8km 1.0km 1.1km 1.2km 1.4km 1.4km 1.5km 1.5km 1.5km |
| Education Institutions | Preschool | |
| Khalsa Kindergarten PCF Moulmein Blk 10 MOE Kindergarten @ Farrer Park Foochow Methodist Church Kindergarten Kampong Kapor Methodist Church Kindergarten PCF Jalan Besar Blk 806 PCF Kampong Glam Blk 462-3 NAFA Arts Kindergarten (Derbyshire) Thomson Road Baptist Kindergarten Newton Kindergarten |
0.4km 0.4km 0.5km 0.6km 0.6km 0.8km 1.1km 1.1km 1.2km 1.6km |
|
| Primary | ||
| Farrer Park Primary School Stamford Primary School Hong Wen School Saint Joseph’s Institution Junior Bendemeer Primary School Saint Margaret’s Primary School Anglo-Chinese School (Junior) Balestier Hill Primary School |
0.5km 1.0km 1.0km 1.2km 1.5km 1.6km 1.6km 1.9km |
|
| Secondary | ||
| Northlight School Bendemeer Secondary School Balestier Hill Primary School School of the Arts, Singapore CHIJ Katong Convent |
0.7km 1.4km 1.6km 1.6km 1.9km |
|
| Junior College | ||
| St. Andrew’s Junior College | 2.5km | |
| Tertiary | ||
| Nanyang Academy Of Fine Arts Singapore Management University |
1.5km 1.8km |
|
| International | ||
| Insworld Institute Italian Supplementary School |
0.8km 1.4km |
|
| Food Centre | Berseh Food Centre Pek Kio Market And Food Court Centre Tekka Market Bendemeer Road Block 29 Market And Food Centre Whampoa Drive Market & Food Centre North Bridge Road Market & Food Centre Albert Centre Market and Food Centre Golden Mile Food Centre Newton Food Centre Upper Boon Keng Road Block 17 Market & Food Centre Geylang Bahru Block 69 Market And Food Centre |
0.6km 0.7km 0.8km 1.2km 1.2km 1.3km 1.3km 1.6km 1.7km 1.9km 1.9km |
| Lifestyle | Singapore Khalsa Association Civil Service Club @ Tessensohn Chinese Recreation Club People’s Association HQ Singapore Indian Association Jalan Besar Stadium Ceylon Sports Club Kampong Glam Constituency Sports Club St Wilfred Sports Complex Kallang Water Sports Centre Safra Clubhouse – Toa Payoh |
0.4km 0.4km 0.5km 0.6km 0.6km 0.7km 0.7km 1.4km 1.6km 1.9km 1.9km |
FACILITIES SITE PLAN and FLOOR PLANS E-BROCHURE
The Facilities and site plan of new and upcoming condo in Perumal Road are currenctly seeking approval from relevant authorities.
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LOCATED IN HEART OF KEY GROWTH DISTRICT
Perumal Road taps into City Central Region, Singapore URA Master Plan 2014
Singapore Urban Redevelopment Authority URA Master Plan 2014 envisions some exciting developments for the whole of Singapore's central area including Tanjong Pagar, The Greater Southern Waterfront District, City Hall, Marina Bay, Suntec and Bugis-Rochor area. The new prime City Central area will be a place for the people to engage community and arts, showcase Singapore's creative and artistic expression and links to Singapore's past and future aspirations. There will be more pedestrian- friendly precincts, public spaces and parks, night lightings and trees.
City Centre at Marina Bay is a unique and dynamic waterfront district, Garden City by the Bay, extending seamlessly from the CBD and it is zoned to be
- the next CBD, focusing on financial and business related activities
- More Commercial, residential buildings, hotel and entertainment spots are to be built.
- It will be a lifesytle destination for variety of water-based activities and events.
- Exensive road and rail network in the pipeline and
- Padestrain bridges that loops attractions and open spaces around the Bay.
Marina South will have
- a new population catchment as it will have a residential district of 9,000 new homes, with mix-development plan of hotels, offices and entertainment
- elevated landscape walkway that links the Bay South Garden to Marina South seafront
- 800 metres padestrain walkway beween the upcoming Marina South and Gardens by the Bay MRT Station
- underground carpark that allows motorists to drive between buildings that reduce ground level traffic
- feaures that can collect rain water and harness wind energy
- continuous waterfront promenade will be creaed from Marina South to Labrador for joggers and cyclists.
Beach Road/ Ophir- Rochor will have abundant conveniences being in the heart of City.
- It will be further of the CBD with extension of convention, offices and hotel hub of Marina Centre
- There will be more developments of office cluster for financial business institutions.
- It will be turned into an exciting Commercial hub, blending with entertainment, cultural and lifestyle.
- It will be turned into a strategic transport hub, the area will be well connected by rail and road network to many parts of Singapore.
Capitalising on Bugis and Bras Basah rich architectural and cultural heritage, URA is embarking on urban renewal efforts to transform it dramatically into Singapore's art, culture. learning and entertainment district.
From the cultural enclave of Kampong Glam to National Arts Gallery in the Civic and Cultural District to high skyscappers in Marina Bay, this growth area in Sturdee Road Condo promises residents a 24/7 city lifestyle. New major landmark developments will transform the city skyline, offering prestigious address locations and spectacular views out across the city. Strategic developments with conservation buildings will continue to inject vibracy, turning it into a lively art and education place, as an emerging commercial hub that will complement Singapore financial district.
LOW KENG HUAT WON TOP BID FOR GLS MIXED DEVELOPMENT LAND PARCEL SITE IN PERUMAL ROAD
Eleven bids were received for the site at Perumal Road, near Farrer Park MRT station at the tender that closed yesterday. Low Keng Huat Ltd put in the top bid of $174.08 million ($1,000.71 psf per plot ratio). The bid was 4.4% higher than the next highest bid of $958.28 psf per plot ratio from China Construction (South Pacific) Development. Allgreen Properties came in third with a bid of $161.5 million ($928.4 psf per plot ratio).
Christine Li, director of research at Cushman and Wakefield, notes that out of the 11 parties who tendered for the site, nine out of the 11 bidders bid higher than the top bid for the nearby site (Sturdee Residences) in March 2015. Even the winner of the Sturdee Residences came in at 8.25% higher than the bid placed two years ago (SL Capital bid $786.92psf ppr in March 2015 compared to $851.88psf ppr in the tender closing today)
Desmond Sim, Head, CBRE Research, Singapore and South East Asia, says, “The shortage of residential land sites is being keenly felt by developers, going by the tender results of the first GLS land tender for the year. Developers are clearly looking to replenish their depleting inventory and the Perumal plot offers the added bonus of a small size and therefore an affordable quantum of $174 million. The site benefits from its proximity to transport nodes – the Dhoby Ghaut Interchange is only two stops away. Other amenities nearby include the relatively new One Farrer Hotel, Farrer Park Medical Hospital and City Square Mall.”
The parcel at Perumal Road is zoned for residential with commercial on the first storey. It had been launched for sale under the Confirmed List in November 2016 under the 2H2016 Government Land Sales Programme.
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