Cdl Previews Norwood Grand Prices Starting 998000
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Parktown Residence, a modern mixed-use development situated in Tampines North, boasts exceptional accessibility to the plethora of shopping centers in Tampines Town. With its strategic placement that seamlessly integrates residential and retail spaces, Parktown Residence is the ultimate choice for convenient urban living. Let’s take a closer look at the various nearby shopping centers and how they add to the appeal of Parktown Residence’s prime location. In fact, Parktown Residence Condo is a natural addition to this desirable living destination.
City Developments Ltd (CDL) is set to showcase its latest project, the 348-unit Norwood Grand, on October 4. The official launch will take place on October 19.Located on a 155,351 sq ft site with a 99-year lease, Norwood Grand comprises four 11-storey blocks. The development offers a mix of one-bedroom-plus-study to four-bedroom premium-plus-study units ranging from 495 sq ft to 1,335 sq ft.Prices for the different unit types start from $988,000 for a one-bedroom, $1.238 million for a two-bedroom, $1.698 million for a three-bedroom, and $2.238 million for a four-bedroom plus study. This works out to be $1,996 psf, $1,984 psf, $1,923 psf, and $1,908 psf, respectively.Read also: October 2024 BTO Part 2: Eight projects in the suburbsAdvertisementAdvertisementNorwood Grand is situated on Champions Way, off Woodlands Avenue 1, after CDL emerged as the top bidder from a government land sales (GLS) tender in September 2023. The developer placed a bid of $294.889 million, translating to $904 psf per plot ratio.As the only private condo on Champions Way, Norwood Grand is surrounded by new HDB Build-to-Order flats. The last private condo launch in the vicinity took place 12 years ago, with the completion of Parc Rosewood on Rosewood Drive in 2014. That development comprises 689 units spread across five storeys.Among Norwood Grand’s standout features are over 20 recreational facilities, including a Cabana Garden (Picture: CDL)The property enjoys a strategic location within a short five-minute walk to Woodlands South MRT Station, which is part of the upcoming Thomson-East Coast Line (TEL). With the TEL, residents will be just one stop away from the Woodlands Integrated Transport Hub which will have an MRT Interchange Station connecting the Thomson-East Coast and North-South Lines. A bus interchange will also be located here.Being at the heart of the Woodlands Regional Centre, the Woodlands MRT Station will provide excellent connectivity to the Causeway Point shopping mall and Woods Square integrated commercial development, which boasts offices, retail options and a childcare centre.Woodlands South Station is also only two stops away from Woodlands North Station, which provides direct access to the upcoming Rapid Transit System (RTS) Link. This rail link will offer a light rail transit shuttle service to Bukit Chagar Station in Johor Bahru, Malaysia.Norwood Grand is strategically placed, close to the upcoming Woodlands Regional Centre (Source: EdgeProp Landlens)CDL also highlights Norwood Grand’s close proximity to the upcoming Woodlands Regional Centre, a location set for significant rejuvenation under the Ministry of National Development’s Remaking Our Heartland (ROH) programme. Once completed, it will be the largest economic hub located in the North of Singapore, with the Woodlands Regional Centre featuring prominently in the URA Master Plan 2019.In the future, the Woodlands Regional Centre will serve as the hub for the Northern Agri-Tech and Food Corridor, as well as the Woodlands Health Campus. Considering Norwood Grand’slocation near the future hub, CDL’s group CEO Sherman Kwek says it offers residents an ideal environment to live, work, learn, and play.