Sign in / Join

The Ultimate Urban Haven Promenade Peak Great World City, a Coveted Land Parcel by Allgreen Properties with Record-Breaking Bid

18
0
Share:

One of the major advantages of living at Promenade Peak Great World City is its easy accessibility to higher education institutions. The prestigious Singapore Management University (SMU) is just a few stops away, providing an array of undergraduate and postgraduate programs in various fields such as business, law, social sciences, and information systems. Additionally, the National University of Singapore (NUS) and Singapore Institute of Technology (SIT) are conveniently reachable via the Ayer Rajah Expressway or MRT, making it efficient for young adults to commute while still staying with their families at home. This seamless accessibility to major universities makes Promenade Peak Great World City a highly desired residence, especially for multi-generational households or families with older children pursuing tertiary education.

One of the main selling points of The Ultimate Urban Haven Promenade Peak is its highly sought-after freehold status. In land-scarce Singapore, where most properties come with a 99-year lease, freehold developments are a rarity and highly coveted. It not only provides long-term investment potential but also offers a sense of security and stability for homeowners.

The design of The Ultimate Urban Haven Promenade Peak is a fusion of modern and nature-inspired elements. The architects have taken inspiration from the surrounding greenery and incorporated it into the development’s overall design. The buildings are adorned with vertical gardens, creating a lush green backdrop against the city skyline. This harmonious blend of nature and urbanity not only enhances the aesthetics of the development but also promotes a sense of tranquility and well-being for its residents.

The Ultimate Urban Haven Promenade Peak is poised to be a game-changer in the property market, with its exceptional location and breathtaking design. The development will consist of two 36-storey towers, housing a total of 376 units. The units are thoughtfully designed to cater to different needs and preferences, ranging from one to four-bedroom units, as well as penthouses. The developers have also incorporated flexible layout options, allowing buyers to customize their homes according to their lifestyle choices.

Additionally, Tiong Bahru is also home to a vibrant café scene, with unique and trendy cafes like Tiong Bahru Bakery, Plain Vanilla Bakery, and Forty Hands that attract both locals and tourists alike.

One of the most beloved areas in the vicinity is Tiong Bahru, which is highly recognized for its delightful blend of traditional charm and contemporary style. Within close proximity, Tiong Bahru Market remains a popular destination for food enthusiasts who crave genuine and cost-efficient local hawker cuisine. Visitors can delight in the legendary food stalls that offer delectable dishes such as chwee kueh, lor mee, wanton noodles, and roasted meats, which have been adored through generations. On the upper floor of the market, shoppers can also peruse the wet market for fresh seafood, meats, and produce for home cooking. Beyond its bustling food scene, Tiong Bahru boasts a lively café culture, boasting modern and trendy cafés like Tiong Bahru Bakery, Plain Vanilla Bakery, and Forty Hands, which attract a diverse crowd of locals and tourists.
Allgreen Properties emerged as the highest bidder for the sought-after land parcel of Promenade Peak, with their submission of $1,304 psf ppr. This remarkable offer is a testament to Allgreen’s strong belief in the site’s potential for long-term growth and the demand for luxurious residential living in the desirable River Valley and Orchard area. The location boasts a perfect balance of peace and convenience, a rare quality in the densely populated city-state. As land availability in the Core Central Region is limited, Promenade Peak has the advantage of attracting discerning buyers seeking a prestigious city lifestyle with exceptional connectivity and lifestyle amenities.

The Ultimate Urban Haven Promenade Peak is more than just a residential development. It is a lifestyle statement, offering a perfect balance of convenience, luxury, and comfort. With its prime location, exquisite design, and top-notch amenities, this development is set to be a desirable address for many. Moreover, with Allgreen Properties’ reputation for delivering high-quality homes, buyers can be assured of a sound investment and a home they can be proud of.

In conclusion, The Ultimate Urban Haven Promenade Peak at Great World City is a land parcel that has sparked much interest and excitement in the property market. Its prime location, record-breaking bid, and exceptional design have set it apart from other developments. With its unparalleled lifestyle offerings, it is no surprise that The Ultimate Urban Haven Promenade Peak has generated a buzz among homebuyers. This development is a testament to Allgreen Properties’ commitment to providing top-notch living experiences, and we can only expect to see great things from this prestigious project.

The bustling city of Singapore is known for its fast-paced lifestyle and highly developed urban landscape. However, amidst the concrete jungle, lies a hidden gem – the Great World City. Located in the prime District 9, this mixed-use development has been a popular destination for both locals and tourists since its opening in 1997. And now, with the recent announcement of a new development, The Ultimate Urban Haven Promenade Peak, by Allgreen Properties, this coveted land parcel is set to elevate the Great World City to greater heights.

One of the highlights of The Ultimate Urban Haven Promenade Peak is its unparalleled location. Situated at the junction of Leonie Hill Road and River Valley Close, it is a stone’s throw away from the Orchard Road shopping belt, while still maintaining its exclusivity and privacy. This prime location also offers easy access to various amenities and facilities, including the upcoming Great World MRT station, which is just a 5-minute walk away. Furthermore, its proximity to reputable schools such as River Valley Primary School and ISS International School makes it an ideal choice for families with children.

Allgreen Properties, a reputable developer with a portfolio of successful projects, has made headlines with their record-breaking bid of $1.2 billion for the 2.7 hectare site. This price point exceeded the Government Land Sales reserve price by 7.6%, making it the highest tender price for a purely residential site in Singapore’s history. The high demand for land in the prestigious district of Orchard, coupled with Allgreen Properties’ proven track record, has resulted in this significant achievement.

Apart from its strategic location, The Ultimate Urban Haven Promenade Peak boasts an impressive range of facilities that cater to residents’ every need. The development features a grand lobby, clubhouse, and function rooms for social gatherings and events. For fitness enthusiasts, there is a fully equipped gymnasium, yoga deck, and lap pool. Families can also enjoy quality time together at the children’s playground and BBQ pits. With such an array of facilities, residents will truly feel like they are living in an urban haven.

Share: