CapitaLand and City Developments said Wednesday the preview of their Sengkang Grand Residences project’s sales gallery will begin Friday.
The joint venture between the two developers acquired the site — the largest commercial and residential site awarded in Singapore since 2015 — in August 2018 after a two-envelope concept and price revenue tender, which emphasized the design concept, the companies said.
The project has 680 residential units across nine blocks in an integrated development which will include a three-storey retail mall, community club, hawker center, community plaza, childcare center, bus interchange and connection to the Buangkok MRT station, the property developers said in a filing to SGX.
“Given its convenient location atop a transport hub and direct access to a mall and community amenities, we are optimistic that Sengkang
Grand Residences will be well-received,” Ronald Tay, CEO of CapitaLand Singapore, Malaysia and Indonesia for residential and retail, said in the statement.
“Together with our partner CDL, we look forward to activating the precinct with placemaking initiatives and bringing added value to the wider community with a premium integrated development,” Tay said.
Unit sizes will range from 474 square feet for a one-bedroom plus study unit to a 1,324 square foot four-bedroom premium unit. the filing said. Prices will range from S$798,000 to S$2.1 million, the filing said.
The project will feature passive cooling architectural design, with residential blocks oriented to provide natural ventilation in common areas and residential units, the filing said.
In addition, the blocks will have facade glazing to reduce solar heat gain and deep-recessed balconies to provide shade for interiors, the developers said.