The best Side of Tanjong Rhu gls

Twin Vew was amongst 2018’s most mentioned launches, but its early momentum did not translate evenly throughout all…

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The CDL-Woh Hup bid for Tanjong Rhu underscores the enduring need for top quality private housing in Singapore. While the high psf ppr demonstrates sector assurance, it also highlights the worries of balancing source, affordability, and urban equity.

He highlighted the website’s “strategic position in the Kallang Alive precinct, combined with fantastic waterfront sights and very good connectivity”.

The lower-than-expected quantity of bids may possibly mirror hesitancy between lesser builders to contend with JVs led by field giants. This development could reduce market diversity and innovation in mid-tier developments.

The opening from the TEL line, and Katong Park MRT station, has solved longstanding accessibility concerns On this spot. Just before this, condos in Tanjong Rhu have been largely for many who generate, as even bus companies have been constrained.

Future investigate really should keep an eye on publish-tender design timelines and assess the venture’s extensive-expression impact on housing inequality during the district.

Giving her just take, Tanjong Rhu condo cdl and woh Hup Newmark head of research for Singapore, Wong Shanting, explained: “Tanjong Rhu has lose its image of inconvenience lately with ongoing rejuvenation designs, which helps explain why developers were being willing to spend a top quality for This page.”

At Stacked, we choose to look over and above the headlines and surface area-level numbers, and center on how factors Engage in out in the true planet.

Singapore’s personal residential property sector is characterised by higher boundaries to entry, stringent regulatory frameworks, and powerful Competitiveness for prime land. The announcement of a whole new housing web page in Tanjong Rhu in early 2026 has sparked important interest, specified the world’s strategic area and long-standing absence of latest developments.

Just lately, There was a discussion about whether the government must action in and supply support to condo Management Corporation…

Even though these are typically under no circumstances destined to be low-priced, builders have viewed that very last 12 months’s approaches – making scaled-down to keep up a reduced quantum, in pricey areas – labored even in primary districts. 

The plot, beside the Singapore Swimming Club, garnered a total of five bids at a condition tender that closed on Feb five.

Wong Siew Ying, head of investigation and information at PropNex, claimed: “The heightened fascination for This page is just not shocking (as it really is) a uncommon chance for builders to provide clean personal housing within the neighbourhood.”

There’s also some apparent attract Singapore Swimming Club customers, because they’ll have their club correct next doorway.