PROJECT DETAILS
The Housing and Development Board (HDB) has sold a residential site in Sims Drive as part of Government Land Sales (GLS), in 2nd quarter of 2019. This land parcel is bounded by Sims Drive, in the Central Region of Singapore. It is listed under confirmed list of sites and is allocated to be developed into a residential condominium. It has a site area of 174,649 square feet of land and is expected to house approximately 565 residential apartments.
CDL and Hong Leong Holdings won the top bid of S$383.5 million, which translates into S$732 psf ppr.
New and upcoming condo at Sims Drive is just a short walk away from Aljunied Train Station which runs the East West Line. Its residents are just a train station away from Paya Lebar Interchange which allows easy access to the Circle Line. Sims Urban Oasis is also well served by the comprehensive public bus network right at its doorstep. To get to both the CBD area and Orchard Road, New Condo at Sims Drive residents just need to take a short 9 minutes’ drive. New Condo at Sims Drive is also just next to the PIE which provides hassle free island wide travel.
There are many main Food Centres located within short distances from New Condo at Sims Drive, where many local food stores are located such as Sims Vista 49 Market And Food Centre, Aljunied Block 117 Market & Food Centre, Circuit Road Block 89 Market And Food Centre, Circuit Road Block 79/79A Hawker Centre, Circuit Road Block 80 Market & Food Centre, Upper Boon Keng Road Block 17 Market & Food Centre, Geylang Bahru Block 69 Market And Food Centre and Old Airport Road Food Centre.
New Condo at Sims Drive future residents can head down to the nearby Leisure Park Kallang where dining, shopping, entertainment and leisure facilities can be found. In the future, Sims Urban Oasis’s residents can expect to have more of those choices, when the New Sports Hub Mall and One KM are completed. Other nearby shopping malls include City Plaza, Tanjong Katong Complex and Joo Chiat Complex. The Pavilion Square, the 1st mixed residential and retail development in Geylang will provide conveniences for New Condo at Sims Drive’s future residents to get their dining and shopping needs when it is completed.
For school-going children, New Condo at Sims Drive is close to established education facilities such as Geylang Methodist School, Macpherson Primary School, Canossa Convent Primary School, Kong Hwa School, Bendemeer Primary School, Cedar Primary School, Macpherson Secondary School, Broadrick Secondary School, Cedar Girls’ Secondary School and Chung Cheng High School (Main). The prestigious Dunman High School which is the top co-educational secondary school in the nation which offer the Integrated Programme is also a short drive away.
For New Condo at Sims Drive’s future residents who are sports minded, they will be delighted to know that the Singapore Basketball Centre, Geylang Stadium, Kallang Netball Centre, Kallang Squash & Tennis Centre, Kallang Cricket Ground which offers numerous sporting facilities are just close proximity to New Condo at Sims Drive. The upcoming New Sports Hub, which is just minutes’ away, will offer a more comprehensive outdoors and indoors sport facilities all under one roof when it is completed. When in need to relax their minds, New Condo at Sims Drive’s residents can take a short drive down to Kallang Riverside Park, which offers pockets of greenery and also provides Sims Urban Oasis’s future residents a tranquil experience.
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| Project | Sims Drive New Condo |
| Developer | Hong Leong Group (CDL and Hong Leong Holdings) |
| Location | Sims Drive (Geylang Planning Area) |
| District | 14 |
| Tenure | 99 years lease |
| Site Area | 16,225 square metres/ 174,649 square feet |
| GFA: | square metres/ square feet |
| Plot Ratio | |
| Expected TOP: | |
| Total Units | Approximately 560 residential apartments |
| Total Carpark | |
| Development | Private Condo comprising of communal facilities |
| Unit Type: | |
| Architect | |
| Eligibility | SC, SPR and Foreigner can buy |
LOCATION and AMENITIES
Amenities Near New Condo at Sims Drive
Train Stations
Aljunied (EW9) – 0.4km
Bus Stop
Blk 60 (Bus: 40, 62, 63, 64, 100, 125, 155, 158) – 0.1km
Bet Blks 105/106 (Bus: 40, 62, 63, 100, 155, 158) – 0.1km
Opp Blk 59 (Bus: 64, 125) – 0.2km
Supermarkets
Fairprice (114 Aljunied Ave 2) – 0.7km
Sheng Siong (301 Geylang) – 0.8km
Giant (11 Upper Boon Keng) – 1.3km
Cold Storage (Leisure Park Kallang) – 2.0km
Shopping Malls
City Plaza – 1.5km
Tanjong Katong Complex – 1.5km
One KM – 1.6km
Kallang Wave Mall – 1.8km
Joo Chiat Complex – 1.9km
Leisure Park Kallang – 2.0km
Preschool
PCF Kolam Ayer Blk 52 – 0.4km
PCF Macpherson Blk 108-107 – 0.4km
Geylang Chinese Methodist Kindergarten – 0.5km
Raffles Montessori Kindergarten (Aljunied) – 0.5km
PCF Macpherson Blk 54-53 – 0.8km
Jamiyah Kindergarten – 1.1km
Chen Li Kindergarten – 1.1km
PCF Macpherson Blk 31 – 1.2km
PCF Mountbatten Blk 51 – 1.4km
PCF Jalan Besar Blk 12 – 1.4km
Primary School
Geylang Methodist School (Primary) – 0.4km
Macpherson Primary School – 0.6km
Canossa Convent Primary School – 0.8km
Kong Hwa School – 1.2km
Bendemeer Primary School – 1.8km
Cedar Primary School – 1.8km
Secondary School
Geylang Methodist School (Secondary) – 0.3km
Macpherson Secondary School – 1.2km
Broadrick Secondary School – 1.5km
Northlight School – 1.7km
Cedar Girls’ Secondary School – 1.8km
Chung Cheng High School (Main) – 2.0km
Junior College
Dunman High School – 2.3km
Tertiary
Singapore Management University – 4.3km
International School
Canadian International School (Tanjong Katong Campus) – 2.5km
Food Centre
Sims Vista 49 Market And Food Centre – 0.4km
Aljunied Block 117 Market & Food Centre – 0.6km
Circuit Road Block 89 Market And Food Centre – 0.6km
Circuit Road Block 79/79A Hawker Centre – 0.9km
Circuit Road Block 80 Market & Food Centre – 1.1km
Upper Boon Keng Road Block 17 Market & Food Centre – 1.2km
Geylang Bahru Block 69 Market And Food Centre – 1.3km
51 Old Airport Road Food Centre & Shopping Mall – 1.4km
Kallang Estate Fresh Market & Food Centre – 1.4km
Haig Road Market & Cooked Food Centre – 1.7km
Jalan Batu Block 4A Market & Food Centre – 2.0km
Geylang Serai Market & Food Centre – 2.0km
Lifestyle
Singapore Basketball Centre – 0.7km
Geylang Stadium – 1.1km
Singapore Badminton Hall – 1.1km
Kallang Netball Centre – 1.5km
Kallang Squash & Tennis Centre – 1.6km
Kallang Cricket Ground – 1.7km
Kallang Wave Mall – 1.8km
Kallang Riverside Park – 2.0km
FACILITIES SITE PLAN and FLOOR PLANS E-BROCHURE
The Facilities and Site Plan of New Condo in Sims Drive are currently seeking approval from relevant authorities.
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CDL and HONG LEONG WON TOP BID FOR LAND SITE CONDO DEVELOPMENT AT SIMS DRIVE
The government land sale (GLS) tender for Middle Road and Sims Drive closed on March 28. There were five bids for the site at Sims Drive. The highest bid of $383.5 million ($732 psf per plot ratio) came from a 60:40 joint venture between Hong Leong Holdings' Intrepid Investments and City Developments Ltd, both members of Hong Leong Group Singapore. (See Table).
The 99-year leasehold site has an area of 174,648 sq ft and could be developed into a new residential project of 570 units. However, the joint venture will explore a residential development with several 17- or 18-storey blocks comprising about 560 units.
According to a Hong Leong Group spokesman, some of the attributes of the site include its connectivity – by the Kallang-Paya Lebar Expressway and the Pan Island Expressway, a short 15-minute drive to the Central Business District and Orchard Road Shopping Belt and a short travelling distance to Paya Lebar MRT Interchange Station and Paya Lebar Central, located just one stop from the Aljunied MRT station.
The site’s proximity to popular schools like Geylang Methodist School, Canossa Catholic Primary School, Cedar Primary School and Kong Hwa Primary School also makes the location attractive to young families, says the spokesman.
GuocoLand submitted the second highest bid of $655 psf ppr – 12% below the top bid, and even lower than the price it had submitted for the 1,024-unit Sims Urban Oasis site of $688 psf ppr in April 2014.
Given the site’s location in the city fringe and proximity to the Aljunied MRT station, Tricia Song, Colliers International head of research for Singapore, considers the underwhelming response – with just five bids -- “a surprise”. She attributes the subdued bid prices to the fact that the site is subjected to a larger minimum average unit size of 85 sq m. “Developers may also be assuming some buffer for the five-year ABSD [additional buyer’s stamp duty] time line, given its relatively larger plot size.”
Colliers estimates the selling price to be around $1,400 psf, after factoring the potentially larger units. The top bid is the lowest for a private residential land site on a psf ppr price basis since the Chong Kuo Road site near Mandai was sold for $681 psf ppr in Feb 2018.
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