Tembusu Grand is a new launch condominium with a 99-year lease at Jalan Tembusu within the Katong neighbourhood in District 15. The Jalan Tembusu GLS tender closed with CDL as the top bidder. Among eight bidders, City Developments Ltd (CDL) emerged as the winner for Jalan Tembusu, which is located at Tanjong Katong Road.
A bid of $768 million was submitted by CDL for the Jalan Tembusu GLS site, which amounted to $1,302 psf per plot ratio. This development's Gross Floor Area (GFA) is 589,743.89 sq ft (54,789 sqm). CDL is an established developer and has launched various other developments in the area, such as Amber Park, which was highly popular.
Tembusu Grand will be jointly developed by CDL and MCL Land under Tembusu Residential Pte Ltd. Both developers have worked on successful projects in 2022 such as Piccadilly Grand (sold 77% on launch weekend) and Copen Grand which is already fully sold. Combining their experience and expertise, the developers will be able to develop a high-quality project that homebuyers can look forward to.
Tembusu Grand will come with a total of 638 residential across 4 blocks of 20 and 21 storeys. The architecture of the residential towers features a crown design inspired by the sculptural form and texture of the heritage Tembusu trees.
These blocks will have units ranging from 1 to 5-bedroom configurations. There will also be two 5-bedroom penthouse units that will appeal to luxury buyers. Here is the unit mix:
Tembusu Grand will include 516 Parking Lots, including 6 EV charging Lots and 5 Accessible Lots.
92 Jalan Tembusu, 439142
Tanjong Katong MRT
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City Developments Limited (CDL)
City Developments Limited (CDL) is a leading global real estate operating company with a network spanning 106 locations in 29 countries and regions. Listed on the Singapore Exchange, the Group is one of the largest companies by market capitalisation. Its income-stable and geographically-diverse portfolio comprises residences, offices, hotels, serviced apartments, shopping malls and integrated developments.
With a proven track record of over 55 years of innovation, sustainable practices and social responsibility in city planning and property development, CDL has established itself as a trusted property pioneer in Singapore. Some of CDL's notable projects in Singapore include The Residences at W Singapore - Sentosa Cove, Gramercy Park, and Nouvel 18.
MCL Land
MCL Land is a leading property group in Singapore with over 50 years of experience in the real estate market. The company has an extensive portfolio of residential properties in Singapore and Malaysia, which are held through more than 15 subsidiaries and associates.
MCL Land has a long track record of building quality homes in Singapore and Malaysia. Their commitment to being a leading provider of quality homes and excellent customer satisfaction has seen the company achieve consistent growth and profitability over the years. Some of the notable projects developed by MCL Land include Sol Acres, Lakeville, and J Gateway.
The joint venture between CDL and MCL Land, such as Tembusu Residential Pte Ltd, would presumably leverage the combined resources, expertise, and track records of both companies to develop high-quality residential properties.
The showflat details for Tembusu Grand will be announced soon. Do fill up the contact form with your details for updates and/or to secure a preview slot.