The property arm of Chip Eng Seng Corporation – CEL Development’s latest project, Grandeur Park Residences, is all set to inspire the Singapore property market with a concept of luxury wellness within the new launch condo project.
The renowned developer, who has successfully delivered refined projects in the past (the most significant one being High Park Residences in 2016), has announced the development of the new project on a land parcel (more than 24,000 sq m) that sits along Bedok South Avenue 3 – just next to the Tanah Merah MRT Station.
From the looks of it, the location is one thing you can sit back and relax about. Apart from its proximity to the MRT station, Grandeur Park Residences condo will also be spacious and inviting, with the top floors getting a bird’s eye view of the neighbourhood.
The project is expected to be launched by the end of Feb 2017 and will be expected to receive its Temporary Occupation Permit by 31 March 2021.
Grandeur Park Residences Location
Living in this new development means you wouldn’t have to go far away to meet any of your needs or requirements.
Be it a shopping mart or renowned local gourmet, everything is just a stone’s throwaway from the housing unit.
Apart from the famous Bedok market & food centre, Bedok Mall and a short drive to the Singapore Expo, there are numerous schools in the area, so you can safely pin this private residential project also as a great option if you have school-going children.
The educational institutes range from schools namely the Anglican High School, Bedok Green Primary School, Changkat Changi Secondary School to universities like Temasek Polytechnic, Temasek Junior College, Singapore University of Technology and Design, etc.
The development is not far away from leisure activities. In fact it is close to beaches of East Coast Park, which means quieter evenings spent nearby. And why wouldn’t kids love it?
The given connectivity by the close proximity to Tanah Merah MRT Station is simply the biggest highlight of them all. Not only it provides residents direct train access to places like the Changi Business Park (CBP), the Changi Airport and also a route to the Central Business District (CBD) in just less than 10 MRT stops.
Grandeur Park Residences Condo Facilities
While looking for a home or just an investment property, one usually considers its surrounding areas and the amenities provided as such.
Well, in the case of this new Tanah Merah condo, you have nothing to worry about – seriously.
Within the condo itself, you will find plenty of condo facilities inspired by luxury wellness living, including a 3-generation gymnasium for families which caters to young children, grown-up adults and the elderly.
Outside the family gym, residents will also be able to find a pool for aqua-aerobic and aqua gym. On top of that, another highlight will be the Himalayan Salt Room – filled up with minerals (evaporated), serving as both anti-inflammatory and anti-bacterial properties.
The developer CEL Development has also partnered up with Amore Fitness to allow residents who sign up as Grandeur Club members to enjoy a 1-year free access to fitness classes.
For the young ones, not only a childcare centre will be featured in the development, complimentary lessons such as violin and guitar will also be made available for them at Grandeur Park Residences condo and will be conducted by an external source.
A number of entertainment facilities nearby ensure that you can sit back and spend quality time with your loved ones over the weekends. Each condo unit’s corner has been designed for effective layout and one can expect nothing less than excellent finishes.
All units in will be fully equipped with Smart Home functionalities and capabilities, such as digital biometric lock-sets and motion sensors. Residents can also opt to have remote air-conditioning and lighting controls to be added.
The new launch condo does seem like a one-stop solution for those looking for palatial residences well connected to the heart of Singapore through the MRT.
Grandeur Park Residences Floor Plan & Unit Types
The condominium will comprise of 720 residential units – ranging from 1-bedroom to 5-bedroom apartments, across 6 blocks of up to 15 floors high, which would cater to the needs of people with different sensibilities.
You may refer to the Grandeur Park Residences floor plan and typical unit types here:
- 1-BR units sized at approximately 420 sq ft
- 1-BR + Study units ranging from 452 to 474 sq ft
- 2-BR Compact units ranging from 549 to 581 sq ft
- 2-BR Deluxe units ranging from 592 to 624 sq ft
- 2-BR + Study units sized at 667 sq ft
- 3-BR Compact units ranging from 883 to 893 sq ft
- 3-BR Deluxe units ranging from 969 to 980 sq ft
- 4-BR Compact units sized at 1,130 sq ft
- 4-BR Deluxe units sized at 1,238 sq ft
- 4-BR Premium units ranging from 1238 to 1259 sq ft
- 4-BR (w/ Private Lift Lobby Access) units ranging from 1259 to 1270 sq ft
- 5-BR Premium (w/ Private Lift Lobby Access) units sized at 1453 sq ft
Grandeur Park Residences Price Guide
The Grandeur Park Residences price indication starts from above S$500,000 for a 1-bedroom unit, while the bigger unit types (4/5-bedroom units) start from S$1.4 million. For more information on pricing, do check with us at (+65) 6631-8384.
Grandeur Park Residences Showflat
Based on reports, the Grandeur Park Residences showflat will be located on the actual site of the project and is set to open its doors from 18 February 2017 onwards. For exact opening hours and units availability, you can check with us by filling up the form below or just give us a call at (+65) 6631-8384.
Grandeur Park Residences Review
Including this upcoming condo launch, the property market has already witnessed a total 4 new launches within the last 5 years – Eco, Urban Vista and The Glades. It’s almost like 1 project launch every year.
The draw has pretty much been same for these condos and sadly nothing much has changed – especially in the sales pitch from the property developers. I suppose they are all using the same sales copy since Optima @ Tanah Merah (which was completed in 2012).
So how does Grandeur Park Residences differentiate itself with its neighbours which are still relatively new?
Let’s look at the “offerings” in terms of the sizes of the units:
|PROJECT NAME/UNIT TYPES||1-BEDROOM||2-BEDROOM||3-BEDROOM||4-BEDROOM||5-BEDROOM|
|ECO||549 to 667||581 to 980||1012 to 1270||N.A||N.A|
|URBAN VISTA||431 to 441||560 to 710||807 to 926||1044 to 1109||N.A|
|THE GLADES||452 to 506||570 to 914||840 to 1248||1281 to 1680||N.A|
|GRANDEUR PARK RESIDENCES||420 to 474||549 to 667||883 to 980||1130 to 1270||1453|
** Measurement unit is in square feet. Source: SRX, Google
From the above table, it seems like these condos share pretty much the same attributes – not just being near Tanah Merah MRT Station, the unit sizes are have remained “unchanged”. Buyers are practically being offered a similar product which existed 4-5 years ago.
So if you’ve been a big fan of the area and for some reason you’ve missed out on the earlier launches, then it’s probably a good time for you to consider this newer one
Then again, has price changed? With the current market conditions, we are hoping for some mouth-watering “discounts”, aren’t we? Let’s look at the average PSF for each of these developments during their launch period:
|PROJECT NAME||TENURE||NO. OF UNITS||AVERAGE PSF (S$)|
|ECO||99-YEAR from 2012||748||1,329|
|URBAN VISTA||99-YEAR from 2012||582||1,454|
|THE GLADES||99-YEAR from 2013||726||1,435|
|GRANDEUR PARK RESIDENCES||99-YEAR from 2016||720||~1,350|
** Numbers are based on total number of new sale transactions lodged. Source: SquareFootResearch
Based on earlier reports, the developer did mention that Grandeur Park Residences will be selling at an average of S$1,350 psf. If that’s really the case, then it will be a pretty good deal as compared to the earlier launches, in particular Urban Vista and The Glades. This should make some of those property owners really upset over their purchases.
Other than price, the blend of luxury wellness lifestyle should offer a high-quality living experience at this new launch. Something that you don’t find in the other nearby condos.
However, if you’ve been shopping around, you will know that even at S$1,350 psf (average), it will still be a steep price tag for its location as you are able to get something nearer to the city and yet being close proximity to a MRT station. I was seriously hoping for a $1,250 psf average which should make more money-sense and lesser risk as an investment.
Thus, if you have been a long-time dweller in the eastern part of Singapore, Grandeur Park Residences does have its own charm and attraction in terms of price point and offerings. But if you are willing to look out of the region, you may find even better deals.