Tembusu Grand – The Latest Development in District 15
Located in the prime District 15 area, tembusu grand is just a few minutes away from a host of well-loved eateries. Muthu’s Curry is just a few steps away if you feel like having some delicious Chettinadu Indian cuisine, while Jia Bin Bak Kut Teh is a few minutes’ walk away for your fix of this Southern Chinese dish known for its herbal broth. Piccadilly Grand is also close to popular shopping centres such as City Square Mall and Parkway Parade.
The upcoming Health City Novena is just a few kilometres down the road, and upon completion in 2030, it will be Singapore’s biggest healthcare complex. It will have multiple partners such as Tan Tock Seng Hospital, HCA Hospice Care and Dover Park Primary School collaborating with each other to provide high-quality, integrated care for patients.
As a result of the new healthcare facility, the surrounding area is set to see an uptick in medical professionals. This in turn means more demand for housing nearby. This is why Tembusu Grand is an excellent investment for those looking to secure a home near a future healthcare hub and make the most of its location.
This latest development by Tembusu Partners is a great opportunity to invest in the District 15 region. With a maximum GFA of 61,659 sqm, this project is expected to feature around 620 residential units. It will be available in a variety of floor plans, ranging from 1-bedroom to 5-bedroom layouts.
The Jalan Tembusu site was awarded to CDL through the GLS programme and was sold for $768 million, or $1,302 per square foot per plot ratio (psf ppr). According to Nicolas Mak, head of research and consultancy at ERA Realty, this is the second highest residential site sale since the 2018 cooling measures.
Despite being one of the smaller developments launched in 2022, Tembusu Grand is set to attract interest from buyers due to its location and affordability. It is also a short drive to major shopping and entertainment centres in the vicinity, including City Square Mall and Kallang Wave Mall. Moreover, the upcoming Tengah MRT station is also within walking distance, along with Hong Kah MRT and Tengah Plantation MRT stations on the Jurong Region Line.
The location of the development is also a huge draw for residents who will be working in the CBD or other parts of the country. Bukit Batok Road is just a 6-minute drive from the development, while the Pan Island Expressway (PIE) and Kranji Expressway are both situated within 11 minutes’ drive via Choa Chu Kang Way. This will allow occupants to commute to their workplaces in the city quickly and efficiently. Furthermore, residents will have the option to take buses which are less than a 10-minute ride from the development, providing quick access to other parts of Singapore