If you are looking for a condo in a prime location with great amenities, you may want to check out the Tembusu Grand Condo. It is a new development that will be located in one of the most prestigious areas of Singapore. The development will be in close proximity to some of the best shopping and entertainment facilities in the city.
Location
Tembusu Grand is a new condominium launch, located in District 15 of Singapore. This development features 638 residential units in four 20-storey blocks. Located along Jalan Tembusu in the Tanjong Katong precinct, this development provides easy access to various amenities.
The property is close to a variety of schools. It is also close to some of the most well-known malls in the area. Moreover, residents can enjoy easy access to the East Coast Parkway.
For food enthusiasts, there are a number of places to eat in the area. One option is Haig Road Food Centre. Another is the Marine Parade Hawker Centre.
Tembusu Grand is located near Tanjong Katong MRT station. The property is less than fifteen minutes’ drive to the city centre.
The nearby MRT stations offer direct access to the city. Also, residents can rent Quad Bikes for their families. Lastly, the property is close to various medical centres.
Tembusu Grand units are spacious and furnished with modern furnishings and well-branded appliances. Besides, the property offers a majestic view of the surrounding neighbourhood.
Amenities near the development
Amities near Tembusu Grand condominium are abundant, from shopping malls to medical centres to sports facilities. Residents of this new launch condominium will be able to enjoy a great variety of amenities and services close to home.
The i12 Katong mall is a short walk away. This mall has many shops and eateries. You can find local dishes and gourmet fare here. It also has a Cold Storage supermarket.
The Parkway Clinic & Surgery is also in the neighbourhood. Both of these medical facilities are within walking distance of the residence. They are equipped with all the basic needs of a family, ranging from medical checkups to prescriptions.
The Marine Parade neighbourhood is one of the most vibrant areas in Singapore. It offers a beautiful beachside view and several top-notch restaurants. There is also a bustling market and food centre here.
There are several schools in the area, including CHIJ Katong Primary School and Canadian International School. A few steps away from the property is a bus stop for the estates.
Rental yields
A new condominium in Katong is being launched by City Developments Ltd. The development, called Tembusu Grand, will be located at Jalan Tembusu in District 15. It is estimated to be a 638-unit development.
The condo is expected to launch in Q1 2023. Among the attractions of the condo are its proximity to the Central Business District and the East Coast Parkway. Also, the area is close to two MRT stations. These include Tanjong Katong and Marine Parade. In addition, the condo will be within easy reach of the Pan Island Expressway.
Another attractive point of the Tembusu Grand is its excellent connectivity across the island. Located just minutes away from the upcoming Marine Parade MRT station, the condominium is also easily accessible from the East Coast Parkway.
With its prime location in District 15, Tembusu Grand is surrounded by a number of schools and leisure facilities. Moreover, the area is also home to a few shopping malls. For example, the Kinex Mall is nearby.
Dwindling inventory in the market
If you are looking for a new property to purchase, then you may want to consider Tembusu Grand condo. Located in the District 15, it is situated within easy reach of major employment hubs and shopping malls. It is also close to Tanjong Katong Girls’ School and Tanjong Katong Primary School. As such, it is an ideal location for both families and individuals.
As a new launch, the property has a limited supply of units. This has resulted in a slowdown in the pending sales. However, the median sale price has continued to increase despite the slowdown in the inventory. Since the launch, the inventory in the condo sector has decreased by 38%.
The rental yields at Tembusu Grand are decent. This means that the property could be attractive to expats. In addition, it is surrounded by a variety of leisure activities and attractions. Moreover, it is located near several well-known schools, which adds to the value of the property.
