Bernam Street Condominium is an forthcoming brand-new varying development crafted about a federal land sales (GLS) at Bernam Streets off tanjong Pagar. This is closeby many recognized Grade A offices busy by around the world and common organizations, motel establishments together with food and drink offerings along Shenton Technique, Anson Road, Tanjong Pagar Highway, Cantonment Road plus heritage clusters of preservation shophouses.
High-end residential advancements many of these as Wallich Residence, Altez, V on Shenton, Icon and Skysuites @ Anson are near the development site.
There happen to be total 4 bidders with regard to the Bernam Avenue Condo and the top put money on of $440. dokuz , 000, 000 came from Chinese creator Hao Yuan Ventures, in addition to translates to some sort of land cost of $1, 463 psf every plot ratio (psf ppr). That is quotes that this breakeven price intended for the new project to be able to be about $2, a hundred psf, with price tag involving around $2, 430 psf, assuming a 15% income margin.
Bernam Neighborhood Residence setting on a 99 leasehold land with three or more, 846. 2 m2, price to build up in order to 325 residential units with maximum 30 storey upon a high increase area, a maximum of thirty storey on a middle rise zoom and greatest 4 storey for it is low rise zone.
That new condo launch from Bernam Street web-site really likes good locational features, provided its proximity to 2 MRT stations – Tanjong Pagar MRT station and the future Prince Edward MRT stop – as well since their spot within the shenton technique city business district (CBD) and closeby Marina Monetary Centre (MFC).
The GLS site in Bernam Street is found next to Realty Heart which was sold en bloc for $148 thousand within April this year.
There will be plans to allow eligible professional buildings to maximise their particular usage through bonus storyline ratio. This is to be able to encourage even more mixed makes use of in the CBD such as residential and motels and so there will be activities immediately after place of work hours.
This plan contains the Better Southern Lakefront City which usually are 6 times the size of Marina Bay.
Tanjong Expiar, Keppel and Pulau Brani lease will expired throughout 2027. All the ports activities at Pasir Panjang can move to Tuas and release the place for Greater The southern area of Lake shore.
There will be innovative attractions being planned to get Pulau Brani similar in order to Universal Studio Singapore. That they will be the Minions’ World and Developers Earth.
The Greater Southern Lakefront is envisioned to end up being a smooth extendable regarding the city and may open up up new live – work play opportunities.
The reason why Buy Bernam Street Condominium?
Rare Brand new blended concept housing cum professional project
Good size housing enhancement with full apartment establishments
Located in the particular prime Shenton Method Middle Business District
underneath the CBD Motivation Scheme to permit creator to build more residences and hotels in area centre
Close by in order to Tanjong Pagar MRT
In close proximity by to Rail Souterrain
One Bernam showflat Abundance connected with amenities in addition to shoppings
1-2 train ride to metropolis, from fiscal business section to places of interest, shop and even dining places as well as schools
Close area to major expressways, CTE, KJE
Amenities close to Bernam Street Condo