Property Related

Is another condo in Tanah Merah Kechil Link worth buying?

Tenders for Tanah Merah Residence at Kechil Link area closed with bids ‘over expectations’. The tenders for 2 confirmed-list residential area under the Government Land Sales (GLS) programme for the very first half of the year closed on 29 October 2020. Both 99-year leasehold land parcels – at Tanah Merah Kechil Link and also Yishun Avenue 9 – offered for sale by the Urban Redevelopment Authority (URA) and also the Housing Board (HDB) specifically, were the very first GLS tenders to close since the pandemic started. Amidst the recession, the proposals were typically over expectations, experts state.

The condo in Tanah Merah Kechil Link is for a mixed property growth, with the very first floor stated for commercial area. An eye-catching attribute of this parcel is its place straight in front of the Tanah Merah MRT terminal– it is the closest to the terminal’s entry compared to the surrounding apartment developments. Currently, the Tanah Merah MRT terminal is one station from the Expo MRT interchange terminal which is additionally connected to the Downtown Line. The Expo terminal will also be connected to the Thomson-East Coast Line (TEL) which will additionally boost the availability to the city and northern parts of Singapore when the TEL prepares from 2024.

Resource from Tanah Merah Residence at Kechil Link

Tanah Merah MRT

The promote decentralisation– amid renovation in public transport – has attracted several business to establish their existence in local industrial hubs such as in Paya Lebar and Tampines. As an example, the Tampines Regional Centre has come to be a location for many banks’ back-office features, while Paya Lebar has actually become a dynamic live-work-play location with growths consisting of incorporated growth Paya Lebar Quarter, Paya Lebar Square and SingPost Centre. Not neglecting the bustling Changi Business Park close by, which is home to many modern technology companies and monetary services firms.

On the other hand, serious consumers will not have to look much for some retail therapy, given that the project will certainly offer business shops on the very beginning. Past that, there are lots of various other retail offerings as well as event areas around such as the Singapore Expo, Changi City Point, Bedok Mall, Bedok Point, East Point, as well as certainly the large Jewel Changi Airport, which not just houses an extensive mix of F&B, retail and also way of life options however additionally the 40-metre high HSBC Rain Vortex– the globe’s tallest interior waterfall.

Tanah Merah East Living

Compared with the various other GLS websites for the very first fifty percent 2020 for both the confirmed and as well as book lists, the Tanah Merah Kechil Link land parcel also has the smallest GFA, which would certainly require less capital need as well as therefore, less monetary risk to create.

Future home owners looking to rent out the unit to expatriate family members would be heartened to know that there are 2 international schools – Nexus global institution in Aljunied and also United World College South East Asia (East Campus) in Tampines– that are a short car ride away.

The name “Tanah Merah” appears in the seventeenth century (1604) map by Manuel Godinho de ErĂ©dia on Singapore, composed as Tana Mera. This place name is most likely to have actually been a crucial reference factor for the orang laut (sea individuals) in their activities in the area. Old maps likewise show the presence of Tanah Merah Road as early as the 1840s, which stretched from Kallang River to Changi Point. Currently, the road ran mostly along the original route however was renamed Geylang Road, Changi Road as well as Upper Changi Road, with an area in between Siglap Road as well as Tanah Merah Kechil Road shed after capitals of Chai Chee as well as Bedok were levelled, and another brief section shed under Changi Airport.