New Launch Condo @ Nanak Mansions

New Launch Condo @ Nanak Mansions

AN associate company of UOL Group is set to purchase en bloc freehold property Nanak Mansions for S$201.08 million after putting in the winning bid in a tender.

New Launch Condo at Nanak Mansions, located at 92-128 Meyer Road, occupies an area of about 10,185 square metres. The freehold site, with a gross plot ratio of 1.4 based on 2014 Master Plan, is earmarked for residential development.

New Condo Launch at Nanak Mansions, a low-rise development completed in the 1980s, comprises 36 maisonettes, each with either four or five bedrooms. It is 400m from the upcoming Tanjong Katong MRT station on the Thomson-East Coast Line. The units belong to members and companies of a low-profile Singaporean Indian family, all of whom have consented to sell their units, according to a Business Times report earlier this month. The family developed Nanak Mansions but no family members live there. All 36 units have been rented out.

New Launch Condo @  Meyer Road site may be redeveloped into a five-storey project with a maximum gross floor area of 153,482 sq ft. This means it can accommodate a maximum of 203 units with an average size of around 700 sq ft in terms of gross floor area.

With the price tag of $201.1 million, it works out to $1,429 per sq ft per plot ratio (psd ppr), after factoring in development charges payable upon redevelopment. This is not far from the $1,409 psf ppr obtained in July for another property in Meyer Road, The Albracca, a 23,400 sq ft site sold for $69.1 million.

New Launch Condo @ Nanak Mansions

New Launch Condo @ Nanak Mansions Details

Project NameTBA
AddressMeyer Road
DeveloperUOL
DescriptionTBA
TenureFree Hold
District16
Site Area109,631 sqft
Gross Floor Area 153,482 sqft
No. of Blocks TBA
No. of Storeys TBA
No. of Units TBA
No. Carpark Lots TBA
TOP TBA

New Launch Condo @ Nanak Mansions Location

Upcoming Condo at Nanak Mansions is conveniently located approximately 500 m away from the upcoming Tanjong Katong MRT Station (Thomson East Coast Line) which will start operating in 2023. As of now, the current nearest Datoka Circle Line MRT station is just a short drive away from New Condo site (approximately 1.4 km). Set in the prime location, a 7 minutes’ drive will get New Condo at former site of Nanak Mansions future residents to the downtown Financial District and Marina Bay New Downtown.

 

New Condos at Nanak Mansions residents can also take an 8 minutes’ drive down to the Orchard Shopping Belt for a weekend shopping spree. The nearby East Coast Parkway (ECP), Kallang Paya Lebar Expressway (KPE) and the Pan Island Expressway (PIE) makes island wide traveling a breeze. 

 

In terms of accessing to dining, shopping and entertainment facilities, New Condo at former Nanak Mansion’s future residents can take a 5 minutes’ drive down to Katong Shopping Centre, The Odeon Katong, Paramount Shopping Complex, Roxy Square, Parkway Parade, 112 Katong and Leisure Park Kallang where useful amenities such as food courts, supermarkets, retail outlets, F&B outlets and departmental stores are located which will bring everyday conveniences in terms of their daily shopping and dining needs. 

 

Local school such as Tanjong Katong Primary School, Kong Hwa School, Chung Cheng High School (Main), Dunman High School, Northlight School, Tanjong Katong Girls’ School, Tanjong Katong Technical Secondary School.  Broadrick Secondary School and Tanjong Katong Secondary School are also located within 2 km away from New Condo at former site at Nanak Mansions.

New Launch Condo @ Nanak Mansions Location

 

Amenities Near New Launch Condo @ Nanak Mansions

 

Connectivity

MRT Station

Dakota (CC8)
Amber (TE25) Due 2023

 

Bus Station

CP B1 (Bus: 401)

 

Educational Institutes

Pre School

Montessori For Children (Broadrick Campus)
Schoolhouse By The Bay
PCF Mountbatten Blk 14
PCF Mountbatten Blk 51
Saint Hilda’s Church Kindergarten
Kinderland Preschool (Marine Parade)
Tung Ling Kindergarten
White Lodge Kindergarten (East Coast)
Holy Family Kindergarten
Chen Li Kindergarten

 

Primary School

Katong Primary School
Kong Hwa School

 

Secondary School

Chung Cheng High School (Main)
Dunman High School
Northlight School
Tanjong Katong Girls’ School
Broadrick Secondary School
Tanjong Katong Secondary School

 

International School

Canadian International School (Tanjong Katong Campus)
Chatsworth International School (East Campus) 

 

Shopping Mall

Katong Shopping Centre
The Odeon Katong
Paramount Shopping Complex
Roxy Square
Parkway Parade
I12 Katong
Leisure Park Kallang

 

Super Markets

Fairprice (Esso Mountbatten)
Cold Storage (Parkway Parade)
Giant (82 Marine Parade Central)
Sheng Siong (301 Geylang Road)

 

New Launch Condo @ Nanak Mansions Site Plan / Facilities 

To be Updated soon!!

New Launch Condo @ Nanak Mansions Floor Plan

To be Updated soon!!