Is another condo in Tanah Merah Kechil Link worth buying?
MCC Land won the bidding for the 8,880 sqm parcel at Tanah Merah Kechil Link, beside Tanah Merah MRT station, amongst overall 15 bids, with the greatest by MCC Land (Singapore) at $248.99 million. This equates to a land price of about $930 per sq ft per plot ratio (psf ppr).
The Tanah Merah Kechil Link site, which is stated for residential with business use on the very first storey, can possibly generate about 265 homes as well as 2,000 sq m of business area.
The Tanah Merah Kechil Link land parcel lies alongside the Tanah Merah MRT station and also within close proximity of Changi Business Park. With no shopping mall around the MRT station, there would be strong demand for stores as well as food as well as drinks outlets. The proximity to the Tanah Merah MRT terminal on the East-West Line (EWL) offers uncomplicated accessibility to commercial centres in Tampines as well as Paya Lebar, as well as neighboring Changi Business Park, the Changi Airport and exciting future developments in Changi East. It is also a straight train trip to significant job centres in Raffles Place as well as Jurong East on the EWL.
Resource: Tanah Merah Residence @Kechil Link tanah-merah-residence.com
The stipulation for industrial space is eye-catching as neighboring features are restricted. The household growth at Tanah Merah Kechil Link is most likely to be introduced in late 2021 when purchasing need can improve along with an anticipated financial recuperation. These work nodes, simply a couple of mins from the upcoming Tanah Merah condominium parcel by means of the MRT, will bring jobs closer to houses as well as develop brand-new chances for residents. For capitalists looking for stable rental income, these industrial centres should provide a fairly sizable as well as constant swimming pool of renting demand.
Tanah Merah’s food is wonderful. Someone did a testimonial on an electrical outlet in East Village marketing takoyaki soaked in mouthwatering nacho cheese, public’s passion in the food scene over at Tanah Merah has ignited.
At the same time, passionate buyers will not have to look far for some retail therapy, given that the task will provide business shops on the ground floor. Beyond that, there are lots of other retail offerings as well as occasion rooms in the vicinity such as the Singapore Expo, Changi City Point, Bedok Mall, Bedok Point, East Point, and also obviously the substantial Jewel Changi Airport, which not just houses a thorough mix of F&B, retail as well as lifestyle alternatives yet likewise the 40-metre tall HSBC Rain Vortex– the world’s tallest interior falls.
There are also lots of education establishments at the Tanah Merah site, thus reducing the commute to institutions – which could imply some additional time in bed or to get a quick breakfast. These institutions consist of St. Anthony’s Canossian Primary and also Secondary, Bedok Green Primary and also Secondary, Anglican High School, Bedok View Secondary School, Bedok South Secondary School, Temasek Secondary School, Temasek Junior College, ITE College East, Singapore University of Technology and also Design.
Tanah Merah is a geographical region situated along the south-eastern coast of the East Region of Singapore. Although its boundaries aren’t specifically clear, it is frequently widely approved that term “Tanah Merah”, is made use of to describe the southerly coastline of present-day Bedok, Tampines, Changi as well as Changi Bay.