Euro Asia Park up for collective sale at $500 mil

Upon redevelopment, the site can potentially produce as much as 397 new systems, based on approval from the pertinent authorities. A Pre-Application Feasibility Study (PAFS) is presently being conducted for this objective.

If you’re looking for a low entry price plot in a new community, Tengah EC might be the area for you. The new town will certainly have services such as three MRT stations.

Tengah EC Site and Floor Plans

Tengah EC development will certainly additionally have an excellent area, as it lies near Jurong Lake District, Jurong Innovation District, as well as City Centre. It is additionally within 30 mins’ drive from the Jurong Innovation District, which is Singapore’s second largest central enterprise zone. There are likewise public transportation services at the growth website, so it is perfect for families.

The New Tengah Town Master Plan aims to make the city extra ecologically pleasant and car-lite. It is expected to consist of a car-free community centre and below ground roads to separate automobile website traffic from pedestrian lanes. It will additionally include smart condos and also environment-friendly framework that will encourage healthy and balanced way of life and lower contamination. Furthermore, it will certainly be simple for residents to commute to the town hall by cycling or strolling.

The new community is a terrific chance for HDB to take advantage of clever innovations to improve the quality of living in Singapore’s towns. It will be the very first HDB town to include these smart modern technologies town-wide.

The website has a maximum allowable gross floor area (GFA) of 338,860 sq ft, including a 7% perk floor location for personal outdoor areas. The guide cost works out to a land price of $1,520 psf per plot ratio, including a land betterment charge of $71.5 million.

Euro Asia Park is a low-rise advancement on an acreage of around 129,793 sq ft. The site is zoned for domestic use with a gross plot ratio of 2.8. Finished in 1996, it has a total amount of 163 units.

The site is close to Bidadari Park, a brand-new 10 ha (107,639 sq ft) space slated to open up in 2023. It will certainly consist of a lake, open yards, a 700m heritage stroll and also 6 km of wooded experiential tracks.

The growth is close to a number of institutions, which will appeal to households with school-going kids. Stamford American International School is adjacent to Euro-Asia Park, while Cedar Primary School, St. Andrew’s Junior School, Maris Stella High School and also Pei Chun Public School are all within a 2km span.

Euro Asia Park is a 10-minute walk from the Woodleigh MRT Station on the North-East Line. Above Woodleigh MRT Station is the 300,000 sq ft Woodleigh Mall, currently under building and construction. Together with various other nearby shopping centers such as The Poiz Centre as well as The Venue, it guarantees to provide homeowners of the advancement myriad shopping and also dining options.

“The Euro Asia Park site is being made available when the supply of land parcels in the Rest of Central Region (RCR) is rather minimal. It deserves searching for designers who wish to renew their fast-depleting land supply,” claims Marcus Oh, taking care of supervisor at OrangeTee Advisory.
Euro Asia Park is a 10-minute stroll from the Woodleigh MRT Station on the North-East Line. Over Woodleigh MRT Station is the 300,000 sq ft Woodleigh Mall, presently under construction. Along with various other close-by shopping centers such as The Poiz Centre as well as The Venue, it promises to provide homeowners of the growth myriad purchasing and dining alternatives.

Euro Asia Park, a freehold property advancement on Woodleigh Block Upper Serangoon Roadway in District 13, will certainly be installed for collective sale through public tender on Sept 13 with a guide rate of $500 million, states marketing agent OrangeTee Advisory.