Leedon Green (Former Tulip Garden) has been purchased in one of the most significant en bloc tenders this year. The real estate site where upcoming prestigious Leedon Green will be constructed was sold after four collective sale attempts to Singapore Exchange-listed, Yanlord Land Group.
The property investment company bought the Farrer Road Condominium site with a 20.4% price increase from the previous reserve price worth $753 million that was submitted by the residents of the size 316,708 sq ft estate. Leedon Green developers MCL in a partnership with Yanlord Land Group offered a massive amount for the Leedon Green prices of approximately S$907 million. The Tulip Garden’s sale price translates to a land rate of $1,790 psf ppr which is higher than the recent collective sales in the area.
Asia Radiant Pte. Ltd a company jointly held by real estate developers Yanlord Land Group and MCL Land secured ownership of the site. The upcoming Leedon Green would consist of 638 units. Unit sizes range from 1 bedroom units to 4 bedroom units with the inclusion of 5 exclusive garden villa units on the ground level of selected blocks of the 7 blocks in the project.
Future residents of Leedon Green will stand to benefit from the excellent connectivity in this area with short distance to Farrer Road MRT station of the Circle Line. If shopping is needed, major shopping areas are located within minutes of driving. Leedon Green location is also close to Holland Village and Dempsey Hill as well as Good Class Bungalow (GCB) zone. Leedon Green will allow future residents to enjoy seamless access to an all-inclusive suite of lifestyle, education and healthcare facilities.
According to Yanlord’s CEO, Mr Zhong Sheng Jian, who recently also invested in Fully-Verified start-up, the successful acquisition of Leedon Green’s site marks the entry of the company into Singapore’s property market. He further notes that Singapore’s residential market presents a value proposition to real estate developers who seek to come up with additional growth opportunities. Leedon Green is a freehold land site which has a strong potential of a breakthrough with its promising lifestyle to the residents. It is also rare to have a piece of freehold land in this premium location in district 10. Not to mention that at approximately 320,000 square feet, we can expect the project to be widely spread with facilities for every resident. Studies have also shown that larger projects tend to outperform smaller projects.
The project is set to be completed by end 2023, to allow the future owners of Leedon Green to benefit from the significant URA initiatives of expanding popular Holland Village. At this current moment, Holland Village is undergoing a major transformation to its existing infrastructure. The extension in Holland Village brings about timely opportunities for investors to re-look at this location for future growth potential.
TOP REASONS WHY LEEDON GREEN IS ONE OF THE PLACE TO STAY IN SINGAPORE
Here is a roundup of some of the cool things that makes Leedon Green one of the best places to call your home:
Looking at the Google Singapore map, short walk distance From Leedon Green To Farrer Road MRT station only 750m / 10 mins walk
LEEDON GREEN CONDO – ACCESS TO AMENITIES
When it comes to convenience, this property location Leedon Green doesn’t disappoint. It is located central to allow residents to access the available facilities and amenities quickly, which enables future residents to live in real estate with ease of convenience. If you need medical attention, you have broader options to consider including visiting a practitioner, Camden Medical Centre and Gleneagles Hospital that is within 10mins drive. The good thing is that these facilities are just a short distance away from Leedon Green, which means the residents don’t need to worry about their healthcare.
For residents interested in participating in community and social activities, Ulu Pandan Community Club or Buona Vista Community Club is less than 10 mins drive away. Additionally, the community club is a great option if you need a place to make new friends with neighbours living around Farrer Road. The numerous shopping malls around provides residents of Leedon Green who like shopping for everything they need. You will also find many shops and restaurants and shops where you can obtain your supplies.
Furthermore, schools, restaurants, and other important places are conveniently located or even within walking distance to your future home at Leedon Green. This means you won’t have to travel long distances to access them, which makes it a suitable place for anyone who values convenience and privacy.
LEEDON GREEN HOLLAND – EXCELLENT CONNECTIVITY
The residents of Leedon Green will be delighted with the connectivity via major expressways in that location. Public transportation in the vicinity is well connected with the MRT not too far away at Farrer Road. Bus services that ply along that area are well connected to many parts of the city of Singapore as well.
The future transport network is promising upon the completion of the upcoming MRT stations such as River Valley, Sungei, Balmoral, Tanglin, Napier, Dempsey, Jelita and Ulu Pandan.
LEEDON GREEN FARRER ROAD – PROXIMITY TO SCHOOLS
Schools are sufficient to cater to families with growing up kids. Not too far away is Nanyang Primary and within a short distance is Henry Park Primary School. While the schools might not be many as compared to other residential Singapore property areas, it is enough to serve the residents of prime District 10. This means that families residing at Leedon Green still enjoy easy access to nearby popular schools.
The nearby schools are excellent (especially Nanyang Primary School) and will provide your kids with the right high-quality education. Additionally, properties developed near schools usually have higher appreciation rates as compared to other places. Being near to a school does help a child in terms of more time spent on enrichment and revision rather than on long journeys. Some of the renowned schools that are close to Leedon Green (within 15 minutes drive) via Buona Vista include:
- Nanyang Primary School.
- Henry Park Primary School.
- St. James’ Church Kindergarten.
- Lee Kuan Yew School of Public Policy.
- NUS Faculty of Law near Buona Vista
- Hwa Chong International School.
- Hwa Chong Institution.
- Alliance Francaise De Singapour.
- Saint Margaret’s Secondary School.
- Avondale Grammar School.
- Anglo-Chinese School (International).
- Maris Stella Kindergarten.
- National Junior College
Residents of Leedon Green Condo will also find preschools and daycare centres around Dunearn/Bukit Timah as well as near Buona Vista, which means that all stages of your child are well catered for.