Pegasus Grand Sengkang Central Pegasus Grand Sengkang Central Sun, 21 Jul 2019 17:44:41 +0000 en-US hourly 1 Pegasus Grand Sengkang Central 32 32 Pegasus Grand Condo Launching Soon Sun, 21 Jul 2019 17:23:35 +0000 Sengkang region is positioned in District 19 in fact it is a planning area and residential town. Located in the North-East Region of Singapore, the town is relatively fresh with younger couples and crowd. In district 19, Sengkang co-exist with Seletar and Punggol in the north, Pasir Ris and Paya Lebar in the east, Hougang and Serangoon to the south, and also Yishun and Ang Mo Kio to the west.

Notable condominiums near Buangkok MRT includes Esparina Residences (99 years leasehold and Best in 2013), Jewel @ Buangkok (99 years leasehold and TOP in 2017), The Quartz (99 years leasehold and TOP in 2010 2010) and The Rivervale.

Pegasus Grand will soon be the largest condominium to be built in Singapore!

This development is a joint venture between 2 real estate giants – CapitaLand & CDL Bid $777.78M For Sengkang Central. It has been decades since they worked collectively on a project. Sengkang Central Site Received 7 Bids, an overwhelming response for this Pegasus Grand.

The project of Pegasus Grand at Sengkang Central has sparked many interests among locals

as it is anticipated to be a classic and sleek architecture design. This advancement offers possibilities for young families who wants to become near primary colleges like Palm Look at, Punggol, North Vista, Yio Chu Kang, Nan Chiau and Montfort.

More than everything else, living in this property offers you unparalled connectivity and convenience. This condominium will integrate with shopping mall, bus interchange and MRT station. Comparable to other mixed developments around Singapore such as Bedok Residences and Hillion mall, such integrated types of advancement are incredibly popular as a result of their ease and retail giving.

Sengkang Central Site Received 7 Bids Sun, 21 Jul 2019 17:07:44 +0000 Sengkang Central Site where Pegasus Grand Condo Launching Soon is located at, most iconic mixed development in Singapore, well attracted a huge demand by receiving 7 tenders in a short period. Pegasus Grand has both residential and commercial combined together at a space about 401,008 sq ft, reported by the Urban Redevelopment Authority (URA Singapore).

This development Pegasus Grand is a 99-year leasehold with a maximum gross floor area of 842,125 sq ft. This may result in 700 residential products for Pegasus Grand – the condo is join to the entire development. This creation is said to have a high chance to be a landmark in the region.

The project was propelled in to the sales phase previous December 2018 via the original price tender framework where envelopes containing the theory advice are opened and assessed. The conditions incorporates the overall idea, dynamics of available resources and the engineers’ reputation.

Anxious Results Released to Sengkang Central Bidders

Thereafter, the envelopes containing bid rates will be opened, but only people that have qualifying concept proposals will be looked at, with the website awarded to the best bidder. When the bidding was closed, there were 6 parties whom submitted a total of seven proposals. These include a joint venture between CapitaLand and City Developments Limited, Perennial Real Estate Holdings and Qingjian Realty, Wing Tai Holdings and Keppel Property, and Singapore Press Holdings and Kajima Advancement.

First Joint Venture Between CapitaLand and City Developments Limited

The joint venture between CapitaLand and CDL is the first in a decade. CapitaLand & CDL Bid $777.78M For Sengkang Central. Property consultancy JLL noticed that the site got less offers contrasted with the 247,214 sq ft Holland Road site, which was granted in May to Far East Organization.

Overall, it said the property parcel next to Buangkok MRT station attracted “fair interest” from companies with “no shortage of capability and experience in successfully designing and developing the subject parcel”.

The six consortia who have thrown in the bids comprise experienced designers with proven track records. We expect the selection process to be challenging and very comprehensive.

CapitaLand & CDL Bid $777.78M For Sengkang Central Sun, 21 Jul 2019 16:59:22 +0000 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.