New Launch Condo @ Perumal Road

New Launch Condo @ Perumal Road


Location Map
New Launch Condo @ Perumal Road location

 A residential with first story commercial site at Perumal Road in Litte India attracted strong interest from developers, with 11 bids submitted at the close of its public tender, revealed the Urban Redevelopment Authority (URA).  Expert  property consultants are puzzled to make consensus whether it is a sign of market optimism or developers’ need for work. Construction Company Low Keng Huat heighest among  11 bidders with its unexpectedly bullish bid for  New Launch Condo at  Perumal Road which comes with first-storey commercial space. At a tendered sale price of S$174.08 million, it translates to S$1,000.72 per square foot per plot ra-tio (psf ppr), exceeding the S$787 psf ppr paid for the (nearby) Sturdee Residences site by 27 per cent (in March 2015). Greatly surpassing some consultants’ expectations of bids ranging from S$800 to S$850 psf ppr. China Construction (South Pacific) Development came in second with a bid of S$166.7 million or S$958.29 psf ppr. One important reason for high participation would be  due to the New Launch Condo at  Perumal Road closer proximity to Farrer Park MRT,  New Launch Condo @ Perumal plot offers the added bonus of a small size and and 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, City Square Mall and the upcoming Strata Title Premium Office, Medical and Retail Space at CENTRIUM SQUARE . Therefore an affordable quantum of S$174 million and in terms of psf ppr, the top bid was the second highest among all the submitted bids for government land sales residential sites since 2009 in the Rest of Central (or city fringe) region. Such a high land price and strong participation rate among developers indicate their urgent need to replenish their land bank. It could also indicate that some developers are betting on the government relaxing the cooling measures in the near future.”

New Launch Condo @ Perumal Road Information

 High participation and the exuberance displayed by the bidders is not congruent with market performance, which showed private home prices falling 3 per cent in 2016 (according to latest flash estimates), after falling 3.7 per cent in 2015. This may imply that more developers are expecting prices to bottom out in 2017 and will witness  prices increase from 2018 onwards when the project is ready for launch.The site New Launch Condo at  Perumal Road was offered for sale on a 99-year lease term under the second half 2016 government land sales programme. With a maximum gross floor area of 16,161 square meters, it can yield about 200 units and about 500 square metres of commercial space. Located right beside Farrer Park MRT station, the site is also accessible to the Central Expressway and Pan Island Expressway for private transport, as well as commercial amenities such as City Square Mall, Mustafa Centre, Farrer Park Hospital and Medical Centre, One Farrer Hotel and the upcoming Centrium Square.

 New Launch Condos @ Perumal RoadNew Launch Condo @ Perumal Road Location

 New Launch Condo @ Perumal Road is strategically  located just next to the Farrer Park MRT Station which runs the North East Line. Future residents of New Condo @ Perumal Road will take an approximation 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 island.  is approximately 5 minutes’ drive away from the Central Business District and approximately 3 minutes’ drive to the Orchard Shopping District. New Condo is also well linked to various expressways such as the Central Expressway (CTE), the Pan Island Expressway (PIE) and also the Kallang Paya Lebar Expressway (KPE). These provide a conduit of convenience for its future residents who drive. When it comes to shopping, dining and entertainment amenities, future residents need not travel far from their homes   for daily needs as it is just approximately 200 m away from City Square Shopping Mall where 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. For cheap and delicious local food, as well as fresh market produce, there are many choices for its future residents. New Condo 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 is close to many local education institutions 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 Conven.

 

 Amenities Near New launch Condo @ Perumal Road

 Train MRT Stations

Farrer Park (NE8)

Jalan Besar (DT22) coming soon.

Schools

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

 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 

Northlight School

Bendemeer

Secondary School

Balestier Hill Primary School

School of the Arts, Singapore

CHIJ Katong Convent

Junior College

St. Andrew’s Junior College

Tertiary

Nanyang Academy Of Fine Arts

Singapore Management University

International

Insworld Institute

 Italian Supplementary School

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

Entertainments

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

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

New Launch Condo @ Perumal Road Site Plan / Facilities

 To be Updated soon!!

 New Launch Condo @ Perumal Road Floor Plan

 To be Updated soon!!

About Little India

Little India is one of the ethnic district in Singapore just like Chinatown. Located along the Singapore River, Little India is situated in the east side whereas Chinatown is across at the West side and Kampong Glam is at the North of the river. Little India and Kampong Glam are part of the Urban Planning Area known as Rochor. In the early days, the Indian community like to call this place as Tekka.The main and most important road in Little India is Serangoon Road, This is where main commercial activities happens. Along Serangoon Road Mustafa Centre can be said to be the most popular shopping mall in the area. Other shopping along Serangoon includes the upcoming Centrum Square, Tekka Mall, Tekka Centre and lots of Indian owned Gold and Jewellery, even Chinese Gold shop too.Several religious place are located in the historical town such as  Hindu temples, (Sri Vadapathira, Sri Veeramakliamam), The Abdul Gafoor Mosque, and other place of worship include Foochow Methodist Church, Kampong Kapor Methodist Church.Little India is served by North East MRT Line with the main stations in Little India being the Little India MRT Station and Farrer Park MRT Station. The new Down Town Line has added new Rochor MRT Station and would be adding Jalan Besar MRT Station soon that greatly enhance the train network in the Area. Bus services 23, 64, 65, 66, 67, 131, 139, 147, 857 & NR6 pass through Little India via Serangoon Road.