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Successful En-Bloc of Selegie Centre


PROJECT DETAILS

 
 

Selegie Centre

Selegie Centre along Selegie Road, Central Region of Singapore, has been sold to Peak Tower Corporation, through a collective sales, in the 2nd quarter of 2019, for S$120 million, which translates into S$1,942 psf ppr. Located at the junction of Mackenzie and Selegie roads, bordering the Central usiness District (CBD), the freehold property features 25 apartment units and 33 shops. The owners will receive around $1.7 million, while shop owners will receive between $1 million and $12 million, depending on their unit size.

 

New and Upcoming Condo in Selegie Road is approximately 400 m away from Rochor MRT Station and Little India MRT Interchange serving the North-East and Downtown Line. It is about 800 metres to Dhoby Ghaut Interchange, serving the North-South Line and Circle Line. Its future residents can expect ease of commuting as the Dhoby Ghaut Train Station operates the North South Line, the North East Line and also the Circle Line. New Condo in Selegie Road is only 2 train stations away from Raffles Place. Residents will be able to enjoy 4 of the 6 major MRT Train Services with just walking distances away. For its future residents who drives, New Condo at Selegie Road is just 5 minutes away from the CBD. It is also easily connected to the Central Expressway (CTE), the East Coast Parkway (ECP) and the Nicoll Highway which makes driving a breeze to various parts of the island.

 

Selegie Road New Condo is only minutes’ walk to Tekka Market where residents can indulge in local delights. Other major Food Centres that are just within short walk away include Albert Centre Market and Food Centre, Beseh Food Centre and also Newton Food Centre. For more shopping and dining experiences, future residents of New and Upcoming Condo at Selegie Road can also head down to the nearby to Orchard Road and also Bugis Junction for variety of retail and F&B outlets.

 

New Condo at Selegie Road is also close to reputable schools such as St Margaret’s Primarty School, Anglo-Chinese Junior School and River Valley Primary School. It is also close to various tertiary institutions such as the Nanyang Academy Of Fine Arts, the Singapore Management University and The University of Chicago Booth School of Business. International educational establishments that are near to New Condo at Selegie Road include Insworld Institute, Chatsworth International School Orchard Campus, Swedish Supplementary School, Finnish Supplementary School, Overseas Family School, Italian Supplementary School and ISS International School.

 

In terms of recreations, New Condo at Selegie Road is close to various parks and recreation clubs. Its future residents can participate in many of the recreation activities or events offer at the Singapore Recreation Club, Singapore Cricket Club, Home TeamNS @ UE Square Club House, Civil Service Club – Tessensohn, The American Club or Tanglin Club. The nearby parks such as Istana Park, Fort Canning Park, War Memorial Park and Esplanade Park also offer future residents in Selegie Road a getaway from the hustle and bustle of the city by providing a peaceful ambiance and also lots of greenery to relax their minds.


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First Hand Information

 
 
 
 
Project  Selegie Road Condo
Developer  Peak Tower Corp
Location  Selegie Road
District  07
Tenure  Freehold
Site Area
GFA:
Plot Ratio
Expected TOP:
Total Units
Total Carpark
Development  Condo comprising of commercail retail spaces
Unit Type:
Architect
Eligibility SC, SPR and Foreigner can buy

LOCATION and AMENITIES

Amenities Near New Condo at Selegie Road

Category Important Amenities Near New Condo at Selegie Road Approximate Distance
Train Stations Little India
Rochor
Dhoby Ghaut (NS24/NE6/CC1)

0.4km
0.4km

Bus Stop Peace Ctr (Bus: 1N, 2N, 3N, 4N, 5N, 6N, NR6, 131, 139, 147, 166, 857, 64, 65)
NTUC Income Prinsep Hse (Bus: 64, 65, 1N, 2N, 3N, 4N, 5N, 6N, NR6, 131, 139, 147, 166, 857)
0.2km
0.2km
Supermarkets Cold Storage
Sheng Siong Hypermarket
Ntuc Fairprice
Giant
0.2km
0.6km
0.8km
1.3km
Shopping Malls PoMo
Parklane Shopping Centre
The Cathay
Plaza Singapura
Park Mall
Sim Lim Square
Albert Complex
Bugis+
Bugis Junction
Orchard Plaza
Orchard Point
0.2km
0.2km
0.2km
0.4km
0.5km
0.6km
0.6km
0.7km
0.8km
0.8km
0.9km
Education Institutions Preschool
PCF Kampong Glam Blk 2
Kampong Kapor Methodist Church Kindergarten
Foochow Methodist Church Kindergarten
Christ Church Kindergarten
PCF Moulmein Blk 10
PCF Kampong Glam Blk 462-3
Rosemary Hall Montessori Kindergarten
PCF Jalan Besar Blk 806
Thomson Road Baptist Kindergarten
Newton Kindergarten
0.8km
0.9km
1.0km
1.2km
1.5km
1.5km
1.5km
1.6km
1.6km
1.7km
Primary
St Margaret
Stamford
Anglo-Chinese Junior
Farrer Park
River Valley
0.4km
1.1km
1.2km
1.3km
1.6km
Secondary
Raffles Girls’ Secondary School 2.4km
Junior College
Catholic Junior College 3.0km
Tertiary
School of The Arts (SOTA)
Nanyang Academy Of Fine Arts (NAFA)
Singapore Management University (SMU)
The University of Chicago Booth School of Business
0.2km
0.4km
0.6km
0.6km
International
Insworld Institute
Chatsworth International School Orchard Campus
Swedish Supplementary School
Finnish Supplementary School
Overseas Family School
Italian Supplementary School
ISS International School
0.6km
1.0km
1.2km
1.7km
1.8km
1.8km
2.0km
Food Centre Tekka Market
Albert Centre Market & Food Centre
Berseh Food Centre
Newton Food Centre
Pek Kio Market And Food Court Centre
Hong Lim Market & Food Centre
Golden Mile Food Centre
North Bridge Road Market & Food Centre
People’s Park Complex Food Center
0.6km
0.7km
1.2km
1.6km
1.7km
1.8km
1.8km
1.9km
1.9km
Lifestyle Mt Emily Park
Istana Park
PA Staff Club
Legends
Fort Canning Park
Stardus Clubhouse
Home TeamNS – UE Square Club House
War Memorial Park
Singapore Recreation Club
Esplanade Park
Kampong Glam Constituency Sports Club
Singapore Cricket Club
People’s Association HQ
Hong Lim Park – Speaker’s Corner
Jalan Besar Stadium
Civil Service Club – Tessensohn
The American Club
Tanglin Club
Raffles Place Park
Singapore Khalsa Association
0.4km
0.5km
0.6km
0.6km
0.7km
1.0km
1.2km
1.2km
1.2km
1.4km
1.4km
1.5km
1.5km
1.7km
1.7km
1.9km
1.9km
2.0km
2.0km
2.0km

FACILITIES SITE PLAN and FLOOR PLANS E-BROCHURE

The Facilities and Site plan of new condo launch at the former site of Selegie Centre, along Selegie Road are currently seeking approval from relevant authorities. 

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LOCATED IN HEART OF KEY GROWTH DISTRICT

Selegie 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. 

PEAK TOWER CORP WON COLLECTIVE SALES at SELEGIE CENTRE

Mixed-use development Selegie Centre has finally been sold at its $120 million reserve price, or $1,942 psf per plot ratio (psf ppr), following two failed en bloc attempts, reported the Straits Times.

This means apartment owners at the 30-year-old development in District 7 will receive around $1.7 million, while shop owners will receive between $1 million and $12 million, depending on their unit size, revealed sales committee chairman M. Thomas.

“The building needs many repair works to be done and it is timely for (it) to be revamped,” he said.

“We believe that the redeveloped building will be a landmark for the overall outlook of the Tekka or Little India precincts…It will form an integrated resort atmosphere for visitors passing through Selegie or Serangoon and Little India,” he added.

Located at the junction of Mackenzie and Selegie roads, bordering the central business district, the freehold property features 25 apartment units and 33 shops.

The 10-storey development, which was marketed by Property Link Services, is also within walking distance to the Rochor, Little India and Dhoby Ghaut MRT stations.

It is situated on the former site of the city-state’s transport hub in the 1950s and 1960s, boasting a gross floor area of slightly over 60,000 sq ft.

Selegie Centre’s buyer, Peak Tower Corp – which is backed by a developer and industrialist from Indonesia – hopes that zoning for the building will be changed as it intends to build a commercial complex or hotel there.

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