Perumal Road Condo
is an upcoming development developed by reputable
Low Keng Huat Pte Ltd
. Strategically located along
Perumal Road, District 8, Singapore
, the condo offers approximately 200 residential apartments with units mix ranging from spacious 1-bedroom units to
A residential with first storey commercial site at
Perumal Road in Litte India attracted strong interest from developers, with 11 bids submitted at the close of its
public tender on Tuesday (10 February), revealed the Urban Redevelopment Authority (URA).
Low Keng Huat (Singapore) submitted the top bid of
$174.08 million for the 0.38ha site. The price works out to about $1,000 psf on the gross floor area. The
second-highest bid of $166.7 million came from China Construction (South Pacific) Development, while Hotel Grand
Central offered the lowest bid of $90.89 million.
The 99-year leasehold site could yield about 200
Register your interest !
Development Name: TBA
Property Type: Condo with commercial space on the 1st storey
Address: Perumal Road
Site Area: 3,847.8sqm / 41,417.7sqft
Plot Ratio: 4.2
Developer: Low Keng Huat (Singapore) Limited
No of Units: 170-200 (TBA)
Bid Price: $174.08 millions
Psf ppr: $1,000.71
• City fringe location
• Near Farrer Park MRT Station
• Surrounded by amenities
• Huge pool of tenants due to close proximity to CBD
• Easy access to CTE & PIE
• Near City Square Mall and Mustafa Centre
CONSTRUCTION firm Low Keng Huat (Singapore) Limited
has put in the highest bid for a residential site with first-storey commercial space at Perumal
At a tendered sale price of S$174.08 million, it
translates to a very bullish S$1,000.72 per square foot per plot ratio (psf ppr), greatly surpassing some
consultants’ expectations of bids ranging from S$800 to S$850 psf ppr.
This was according to an announcement by the Urban
Redevelopment Authority (URA) on Tuesday.
The number of bidders at 11 also exceeded the 7-10
bidders that consultants were expecting.
China Construction (South Pacific) Development came in
second with a bid of S$166.7 million or S$958.29 psf ppr. Allgreen Properties came in third with a bid of S$161.5
million or S$928.4 psf ppr.
The site at Perumal Road was launched for public
tender on Nov 29, 2016. The site was offered for sale on a 99-year lease term under the second half 2016 Government
Land Sales programme. With a maximum gross floor area of 16,161 square metres, it can yield about 200
The site enjoys good transport connectivity with its
location right beside Farrer Park MRT station. There is also accessibility to the Central Expressway and Pan Island
Expressway for private transport, as well as commercial amenities such as City Square Mall, Mustafa Centre, Farrer
Park Hospital and Medical Centre, and the upcoming Centrium Square.
Low Keng Huat (Singapore) Limited (“LKHS”) is a
builder established since 1969. Today, its business has grown to encompass building construction, property
development, hotels and investments.
The Company is one of the largest general building and
civil engineering companies in Singapore in terms of capital employed. It is an A1 registered general building
contractor, the highest grade under the Building and Construction Authority of Singapore classification, and is
qualified to tender for public sector contracts with unlimited tender sums .
Complementing the construction activity is the
Company’s property development business in Singapore and Malaysia.
Low Keng Huat (Singapore) Limited
(“LKHS”) owns and operates deluxe hotels in Perth (Australia) and Ho Chi Minh City
(Vietnam) under the in-house brand Duxton Hotel. Its other hospitality-related business is food & beverage
business in Singapore. Among its investment portfolio are investment properties in Singapore, Malaysia and
Registration / More information (Floor Plan/Site Plan)
of Perumal Road new
condominiumsimply fill up your detail, Our Developer Sales Team will
get in touch with you. or
Call +6598348607 to visit Perumal
Road New Condominium