PROJECT INFO
Address
Lorong 1 Toa Payoh
Tenure
99 years leasehold
Land Size
169,456 sqft
Preview
Jan 2025
Units
777 units
Layouts
1 + S to 5 bedroom
LOCATION
The land parcel is situated within the Toa Payoh Planning Area, at the intersection of Lorong 1 and Lorong 4 Toa Payoh. Currently, the site is occupied by the Police Security Command (SecCom) premises, which will be vacated in due course.
Toa Payoh, a mature residential town located in the central region of Singapore, offers excellent connectivity to other parts of the island through various modes of public transportation. It is serviced by four MRT lines—namely, the North-South Line, North-East Line, Circle Line, and the Thomson-East Coast Line—at multiple MRT stations, including Braddell, Toa Payoh, Woodleigh, Potong Pasir, and Caldecott. The town boasts an array of amenities, including shops, supermarkets, hawker centers, sports facilities, and schools.
The land parcel is nestled within a well-established neighborhood, adjacent to the existing neighborhood center equipped with amenities such as shops, food and beverage outlets, and a park. The park is set to undergo upgrades, introducing new facilities and lush greenery as part of HDB’s Remaking Our Heartland program.
Located within a 400-meter radius of the Braddell MRT Station, the future development offers exceptional accessibility to and from other parts of the island via MRT and other forms of public transport. Additionally, cycling paths are being implemented around the land parcel as part of the comprehensive cycling network for the Toa Payoh Planning Area, promoting inter-town connectivity and encouraging active commuting.
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This land parcel was awarded on 15 November 2023. Three prominent property developers have collaborated to submit the highest bid for a Government Land Sales (GLS) site situated at Lorong 1 Toa Payoh. City Developments Ltd (CDL), Frasers Property, and Sekisui House collectively tendered $968 million for the 1.57-hectare plot located at the intersection of Lorong 1 and Lorong 4 Toa Payoh, equating to a land rate of $1,360 per square foot per plot ratio (psf ppr).
Developed by City Developments Limited, Frasers Property and
Sekisui House
City Developments Limited (CDL) is a leading global real estate company with a network spanning 112 locations in 29 countries and regions. With a proven track record of over 55 years in real estate development, investment and management, the Group has developed over 47,000 homes and owns over 23 million square feet of gross floor area in residential, commercial and hospitality assets globally.
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Frasers Property developed its first property in 1980 with the building of The Centrepoint, a landmark shopping centre in the heart of Singapore’s Orchard Road. From owning one shopping centre in the 1980s, they became a multinational company listed on the SGX-ST, with businesses across five asset classes. The assets range from residential, retail, commercial and business parks, to logistics and industrial properties in Singapore, Australia, Europe, China and Southeast Asia. In addition, we have a well-established hospitality footprint that spans more than 70 cities.
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Sekisui House celebrated their 60th anniversary in 2020, and over those years have provided over 2.6 million homes to homeowners both in Japan and globally.Sekisui House focus on using superior quality and advanced technologies it has cultivated in Japan to provide new value in housing markets globally.
