{"id":81732,"date":"2025-01-15T18:24:55","date_gmt":"2025-01-15T10:24:55","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=81732"},"modified":"2026-03-16T17:23:57","modified_gmt":"2026-03-16T09:23:57","slug":"tengah-first-private-condo","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/tengah-first-private-condo\/","title":{"rendered":"Hong Leong-led group top bids Tengah\u2019s first private condo site at S$821 psf ppr"},"content":{"rendered":"
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A consortium led by Hong Leong Holdings made the top bid for Tengah<\/a>\u2019s first private condo site along Tengah Garden Avenue<\/a>. Concluded on January 14, the group offered S$675 million, translating to S$821 per square foot per plot ratio (psf ppr) for the site. While it is yet to be made official through the tender award by URA, this bid beat those from Kingsford Group and Sim Lian Group, who proposed S$670.1 million (S$815 psf ppr) and S$668 million (S$813 psf ppr), respectively.<\/p>\n\n\n\n

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A consortium led by Hong Leong made the highest bid for the Tengah Garden Avenue GLS site. (Source: URA)<\/figcaption><\/figure>\n\n\n\n

The three offers garnered in this Government Land Sales<\/a> (GLS) tender fell towards the lower end of analysts’ anticipated range of S$800 to S$980 psf ppr for a new project in the Outside Central Region<\/a> (OCR).<\/p>\n\n\n\n

What to expect on the upcoming Tengah Garden Avenue condo<\/h2>\n\n\n\n

The Tengah Garden Avenue site spans 2,458.4 square metres and will feature a mixed-use development. The new launch condo<\/a> will yield approximately 860 residential units, with layouts catering to various preferences. Additionally, an estimated area of 3,000 square metres on the ground floor will host commercial spaces, such as retail outlets, dining options, and recreational facilities. These additions aim to create a lively and self-sufficient community.<\/p>\n\n\n\n

In line with the “Forest Town” concept, the new Tengah Garden Avenue condo will combine natural landscapes with modern infrastructure, offering residents a balanced lifestyle. Its strategic location near the future Hong Kah MRT<\/a> station on the upcoming Jurong Region Line (JRL) is also one of the highlights.<\/p>\n\n\n\n

On top of that, the planned relocation of the Anglo-Chinese School (Primary) to Tengah by 2031 further adds to the attractiveness of this new project. Tengah Garden Avenue condo will be within a 2km radius of ACS Tengah, promising excellent educational opportunities within proximity.<\/p>\n\n\n\n