Is another condo in Tanah Merah Kechil Link worth buying?

Tenders for Tanah Merah Residence at Kechil Link sites gathered quotes 'over expectations'. The tenders for two confirmed-list domestic area under the Government Land Sales (GLS) program for the first half of the year closed on Thursday Oct 29. The two 99-year leasehold land parcels - at Tanah Merah Kechil Link and Yishun Avenue 9 - sold by the Urban Redevelopment Authority (URA) as well as the Housing Board (HDB) respectively, were the first GLS tenders to close from the pandemic started. Amid the economic downturn, the proposals were usually above assumptions, analysts claim.

The Tanah Merah Kechil Link new condo lies beside the Tanah Merah MRT station as well as within close closeness of Changi Business Park. With no mall around the MRT terminal, there would be strong demand for stores as well as food and also drinks electrical outlets. The closeness to the Tanah Merah MRT terminal on the East-West Line (EWL) supplies simple and easy access to business centres in Tampines and Paya Lebar, as well as neighboring Changi Business Park, the Changi Airport and also exciting future developments in Changi East. It is also a straight train trip to major task centres in Raffles Place and Jurong East on the EWL.

Source: Tanah Merah Residence @Kechil Link tanah-merah-residence.com



The promote decentralisation-- amid enhancement in public transport - has actually drawn in numerous companies to establish their existence in local industrial hubs such as in Paya Lebar as well as Tampines. As an example, the Tampines Regional Centre has come to be a location for lots of banks' back-office functions, while Paya Lebar has become a vibrant live-work-play location with developments including incorporated growth Paya Lebar Quarter, Paya Lebar Square and also SingPost Centre. Not neglecting the dynamic Changi Business Park nearby, which is residence to many technology companies and also economic services business.

At the same time, passionate buyers will certainly not need to look much for some shopping, because the task will offer industrial stores on the very beginning. Beyond that, there are lots of other retail offerings and also event spaces in the vicinity such as the Singapore Expo, Changi City Point, Bedok Mall, Bedok Point, East Point, as well as naturally the substantial Jewel Changi Airport, which not only houses a thorough mix of F&B, retail as well as lifestyle options but additionally the 40-metre high HSBC Rain Vortex-- the world's highest interior falls.



Compared with the various other GLS sites for the initial half 2020 for both the validated as well as well as get listings, the Tanah Merah Kechil Link site also has the smallest GFA, which would require much less resources demand and also thus, much less economic danger to establish.

Future property owner aiming to lease the unit to expatriate family members would certainly be heartened to recognize that there are two global colleges - Nexus global institution in Aljunied as well as United World College South East Asia (East Campus) in Tampines-- that are a short car ride away.

Tanah Merah is a geographical region located along the south-eastern coastline of the East Region of Singapore. Although its limits aren't precisely clear, it is often extensively accepted that term "Tanah Merah", is used to refer to the southerly coast of present-day Bedok, Tampines, Changi as well as Changi Bay.