Robust interest for site at Tanah Merah Kechil Link and Yishun Ave 9

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#1
The residential with commercial at first storey site at Tanah Merah Kechil Link attracted 15 bids, with MCC Land submitting the top bid of nearly $249 million or $930.33 per sq ft per plot ratio (psf ppr). It is expected that MCC Land to launch the Tanah Merah residence at an average price of between $1,600 psf and $1,700 psf.
On the other hand, the executive condominium (EC) site at Yishun Avenue 9 attracted seven bids, which is in line with the seven to nine bids for EC plots following the cooling measures in July 2018. With a leasehold tenure of 99 years, the Yishun EC has an area of 21,514 sq m and a maximum GFA of 60,240 s m. It is about 1.4km from the Yishun MRT station and is expected to yield around 600 housing units.
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#2
The land parcel in Tanah Merah Kechil Link is for a mixed residential development, with the first storey slated for commercial space. It has a site area of 8,880 sq m and a maximum gross floor area (GFA) of 24,864 sq m. The 99-year leasehold site, which is off New Upper Changi Road, can potentially house about 265 apartments, fewer than the 310 units initially estimated when the site was first announced in December 2019.
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#3
The mall is owned and operated by The Watergardens at Canberra condominium Domain.
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#4
The stores and dining are mid-market, which makes it the perfect mall for a wide array on 53 Canberra Dr, Singapore 769328 with shopping near to 321 Clementi and Clementi Mall.
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