Tan estimates that a developer could build about 414 condominium units on Plot 1 and about 393 units on Plot 2. Developers have an option to purchase either Plot 1 or Plot 2, or both plots combined, says Savills’ Tan. The developer can then purchase thiam siew condo and close off the road as it serves mainly the houses there. The two plots can then be amalgamated, and the combined site area is about 263,797 sq ft, Tan estimates.
Here you will find authentic Peranakan food or buy laksa paste in a row of conserved shophouses along East Coast Road. Shops like Rumah Bebe sells Peranakan costumes like kebaya, Antiques, beaded slippers and beaded purses. For 24 hours grocery shopping, visit Cold Storage at Katong Mall which also houses many enrichment courses and language school, tuition agencies and music classes for children.
Wong also announced intentions to build two premium high-rise residences totaling over 800 units in the area. The location of Thiam Siew Avenue itself is very accessible, conveniently located near Haig Road and Tanjong Katong Road, connected to many eateries and amenities in the area. There are many shopping malls nearby to serve future resident’s needs as well. This deal marks the largest residential development site sold since the July 2018 round of property cooling measures, the other one being Flynn Park Residences. Streetdirectory.com Thiam Siew Avenue is located at Katong Singapore, home of the Peranakan Nyonya & Babas.
The property is around 600 metres from the Thomson-East Coast Line’s planned Tanjong Katong MRT Station. The landed semi-detached houses with odd house numbers from one to seventeen were erected in the early 1940s during the pre-war years. 2 consecutive landed bungalows on the same row, Nos. nineteen and twenty-one, were likewise built before the war.
The freehold high-rise condo was completed in 2013, and has a mix of suites, one- and two-bedroom apartments with sizes ranging from 431 to 1,467 sq ft. Amber Park, Coastline Residences, and Nyon are some of the other freehold private residential developments now on the market in district 15. According to Mak, from January 2021 and mid-November, the median price for apartments sold at Amber Park, Coastline Residences, and Nyon was S$2,448 psf, S$2,436 psf, and S$2,317 psf, respectively.
Though ideally placed, the Jalan Tembusu GLS site on the confirmed list will pose a greater commitment for a developer as over 600 apartment units need to be sold in a 5-year framework, according to Head of research at ERA Realty, Nicholas Mak. Savills Singapore’s deputy managing director of investment sales and capital markets, Galven Tan is the exclusive marketing agent. The site on which the Thiam Siew Avenue homes were erected was formerly part of Wee’s home at 525 Dunman Road. The residence is located between Haig Road and Tanjong Katong Road in prime District 15 in the East. It is just minutes’ walk from Paya Lebar, Dakota and Mountbatten MRT Stations and many popular malls like KINEX, Paya Lebar Quarters, Singpost Centre and I12 Katong are all within 2 km radius. Sunway Property is the property arm of Sunway Group which was established in 1974.
Residents with young children can look forward to many schooling options around residence. Recently, two free development sites at Thiam Siew Avenue were sold for S$815 million through a public tender ending November 18, 2021. Managed by Savills Singapore as the exclusive marketing agency, a joint venture between Hoi Hup Realty Private Limited and Sunway Developments Pte. In a competitive tender process managed by Savills Singapore as the exclusive marketing agent, a joint venture between Hoi Hup Realty Private Limited and Sunway Developments Pte.
It is where integrated development Paya Lebar Quarter , Paya Lebar Square and the Paya Lebar MRT Interchange Station for the Circle and East-West Lines are situated. Good schools located within 1km of Thiam Siew Avenue include Kong Hwa School and Tanjong Katong Primary School, says Savills’ Tan. On the opposite side of Thiam Siew Avenue are the even-numbered houses at No. 2 to 22.
Singapore’s listed UOL Group announced its purchase of the Lion City Hotel and Hollywood Theatre in January 2011 for $311 million. Property mogul and owner of hotels, Wee Thiam Siew, who died in 1972, owned the houses. Wee Thiam Siew & Co and Thiam Siew Avenue Investments, companies whose beneficiaries are family members, control the properties. Being the chairman of Ban Leong & Co, Wee dealt in cigarettes, cigars and other tobacco products.