MCC Land won the bidding process for the 8,880 sqm parcel at Tanah Merah Kechil Link, next to Tanah Merah MRT station, among complete 15 proposals, with the greatest by MCC Land (Singapore) at $248.99 million. This converts to a land price of approximate $930 per sq ft per plot ratio (psf ppr).
The Tanah Merah Kechil Link site, which is stated for property with commercial use on the very first storey, can potentially produce around 265 units and also 2,000 sq m of business area.
The Tanah Merah Kechil Link condo is located alongside the Tanah Merah MRT terminal and within close distance of Changi Business Park. Without mall around the MRT terminal, there would be strong demand for stores and food and also drinks electrical outlets. The proximity to the Tanah Merah MRT terminal on the East-West Line (EWL) offers effortless accessibility to business centres in Tampines as well as Paya Lebar, as well as nearby Changi Business Park, the Changi Airport as well as exciting future advancements in Changi East. It is also a straight train trip to major task centres in Raffles Place and also Jurong East on the EWL.
Resource: Tanah Merah Residence @Kechil Link tanahmerah.residencessg.com
The promote decentralisation– amidst enhancement in public transportation – has actually brought in many business to establish their visibility in local industrial hubs such as in Paya Lebar and Tampines. As an example, the Tampines Regional Centre has become a location for several financial institutions’ back-office functions, while Paya Lebar has become a lively live-work-play location with developments consisting of integrated advancement Paya Lebar Quarter, Paya Lebar Square as well as SingPost Centre. Not forgetting the bustling Changi Business Park close by, which is house to lots of modern technology firms and also economic solutions companies.
It is not all job as well as no play either. Individuals living in the East, occasionally called the Easties, will prove that Eastern Singapore is a great deal of fun and also possibly has some of the most prominent restaurants in the nation– from East Coast Road to Joo Chiat as well as Katong, from Old Airport Road to Simpang Bedok. Foodies, be alerted. There will be no absence of tasty dining/supper choices for future residents of the new Tanah Merah development. There are likewise numerous education establishments at the Tanah Merah parcel, thus reducing the commute to institutions – which can indicate some extra time in bed or to grab a quick morning meal. These colleges consist of St. Anthony’s Canossian Primary as well as 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.
The name “Tanah Merah” appears in the seventeenth century (1604) map by Manuel Godinho de Erédia on Singapore, written as Tana Mera. This place name is most likely to have been an essential referral point for the orang laut (sea people) in their tasks in the region. Old maps also show the presence of Tanah Merah Road as early as the 1840s, which stretched from Kallang River to Changi Point. Now, the road ran mainly along the initial path yet was renamed Geylang Road, Changi Road and also Upper Changi Road, with an area in between Siglap Road and Tanah Merah Kechil Road lost after capitals of Chai Chee as well as Bedok were levelled, and also another brief section shed under Changi Airport.