CapitaLand & CDL Bid $777.78M For Sengkang Central

Pegasus Grand will take a seat on 3.7 ha site and you will be created right into a community hub with 700 apartments. The joint venture between the 2 property giants CapitaLand and City Developments Limited (CDL) were able to clinched the mixed-apply residential and commercial website in Sengkang Central for $777.78 million.

Highly Anticipated Pegasus Grand is the Biggest Mixed Development Project

The winning bid computes to a $923.60 psf of gross floor area (GFA). Sengkang Central Site Received 7 Bids. This massive task is reported to come to be the largest mixed development in Singapore by time. The beautiful development is defined for little Singaporeans and be an all in one stop for everything – including hawker center, network driver, childcare center, retail vendors and transport conveniences.

New ABSD does not apply to this Sengkang Central Site

The tentatively TOP date is tentatively estimated to be first half of 2022. The latest Additional Buyer’s Stamp Duty (ABSD) fee won’t come to be imposed upon this production.

Pegasus Grand Condo Launching Soon, residents could have quick access to usage of Buangkok MRT Station and the longer term bus interchange. Your home is just a mere 20 minutes to town. Granted the strategic location, you can also have alternatives in travelling using KPE, SLE and CTE and Pegasus Grand is incredibly well linked to important hubs like the potential Punggol Digital District and Seletar Aerospace Car park.

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