Saturday 7 September 2019

New Condo Launches within 500m of a North South Line (NSL) Station: 2019 Edition - EdgeProp

There are close to 55 projects that have launched or are expected to launch by the closing of 2019; making this one of the busiest years, for developers and buyers alike. Though property cooling measures were imposed by the Singapore government in July 2018, most developers have decided to go ahead to launch their projects.
Since accessibility is an important factor for most buyers, we have made a list of condos within 500m radius of a North-South Line (NSL) MRT Station that have been launched or are expected to be launched in 2019 for you to check out.
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The North-South Line (NSL) runs from Jurong East (NS1) to Marina South Pier (NS28) and includes prominent MRT stops like Woodlands, Yishun and City Hall Stations.
Residents living close to this line have a myriad of options that caters to their various interests. History lovers could alight at City Hall MRT (NS25) to explore the many museums – National Museum of Singapore, Peranakan Museum and Capitol Theatre. Shopaholics can get off at either Orchard MRT Station (NS23) or Somerset MRT Station (NS22) to explore the plethora of shopping options along the Orchard Road shopping belt.
New launches around this line include: 35 GilsteadFormer Chancery CourtThe Atelier and Fyve Derbyshire.
Location: Gilstead Road, District 11
Closest MRT Station: Newton (NS21 | DT11)
Ownership Type: Freehold
Total Units: 70
Developer: Tee Land
Previewed: April 2019
35 Gilstead is a freehold development in the heart of District 11. The site was formerly held by Casa Contendere, which was sold en bloc to Tee Land for S$72 million. 35 Gilstead will comprise 70 residential units spread across three towers of five storeys each. It is within walking distance toNewton MRT(NS21) Station and Novena MRT(NS20) Station.
Schools and Plus Points:
Top primary schools like St Joseph’s Institution JuniorACS Primary; and ACS Junior are located within a 1km radius of the condo. As 35 Gilstead is right at the heart of Newton, this allows residents to have numerous retail and lifestyle options. It will also benefit from the URA Master Plan to develop the Novena area into Health City Novena, a 17ha integrated healthcare hub, by 2030.
Find any available property near schools here
Recommended for:
This development is catered to both buyers looking to own an exclusive freehold property as well as young families with children as this condo is styled in a resort setting and has an exclusivity feel to it. The project will be designed by Singapore-based architectural firm Metaphor Design + Architecture.
Pricing:
TBA
Useful Resources:
1.) For price trends, recent transactions, other project info, check out 35 Gilstead (former Casa Contendere) project details page
2.) For the latest 35 Gilstead (former Casa Contendere) listings, click here
Related property news:
Former Chancery Court
Location: Chancery Lane (off Dunearn Road), District 11
Closest MRT Station: Newton (NS21/DT11)
Ownership Type: 99-year leasehold
Total Units: TBA
Expected Launch: TBA
The former Chancery Court was sold en bloc for S$401.78 million, which is about 6% higher than the asking price. Chancery Court is a 99-year leasehold development located in District 11 along Dunearn Road. The site is also five minutes’ walk away from Newton MRT (NS21) Station.
Subject to approval, the site can be redeveloped into a five-storey residential development with a maximum of 481 units, assuming an average size of 753 square feet.
Schools and Plus Points:
Many top schools such as St Joseph’s Institution Junior and Singapore Chinese Girls’ Primary Schoolare within the vicinity. The area is also close to many Good Class Bungalows (GCB) which gives residents the benefit of unobstructed views and privacy.
Find any available property near schools here
Useful Resources:
1.) For price trends, recent transactions, other project info, check out Former Chancery Court project details page
Related property news
The Atelier (Former Makeway View)
Location: Makeway Avenue, off Kampong Java Road, District 9
Closest MRT Station: Newton (NS21 | DT11)
Ownership Type: Freehold
Total Units: TBA
Developer: Bukit Sembawang
Expected Launch: TBA
The Atelier is a freehold property located in District 9 that will be home to 120 units. It was successfully en bloc for S$168 million to Bukit Sembawang Estate. This translates to a price of S$1626 psf ppr (includes development charge of S$21.26 million). It is located just 5 mins away from Newton MRT station (NS21) ensuring easy access and connectivity for all of its residents.
Schools and Plus Points:
Established Schools like Anglo-Chinese School (Barker Road), Anglo-Chinese School (Junior) and St Joseph's Institution Junior are all within the neighbourhood. Future residents will also have endless dining and shopping options due to the condo’s proximity to Newton Food Centre and the Orchard Road shopping belt.
Find any available property near schools here
Recommended For:
This freehold development will be perfect for couples, families and professionals wanting to experience city life due to it being close to popular shopping and dining spots.
Pricing:
TBA
Useful Resources​
1.) For price trends, recent transactions, other project info, check out Former Makeway View project details page
Related property news:
Location: Derbyshire Road, District 11
Closest MRT Station: Novena (NS20)
Ownership Type: Freehold
Total Units: 71
Developer: RH Developments Two (a unit of Roxy-Pacific Holdings)
Launch: January 2019
Fyve Derbyshire is a freehold development located in prime District 11. It has 71 residential units across 19 storeys. Each floor has only four units, giving it a feel of exclusivity and privacy. Future residents could choose from either a two-bedder or a three-bedder; all of which are north-south facing.The development is also within walking distance to Novena MRT (NS20) and Newton MRT(NS21) interchange stations for easy commute.
Schools and Plus Points:
Future residents of Fyve Derbyshire will be glad to find renowned schools such as ACS Junior andFarrer Park Primary School in the vicinity. The property is also surrounded by numerous retail and lifestyle options including Square 2, Velocity @ Novena Square and United Square Shopping Centre.
Find any available property near schools here
Recommended for:
This development is ideal for buyers looking to buy a freehold property and enjoy the benefits of living in a prime location without having to be right in the city centre.
Indicative Pricing (as of 28 August 2019)
Average S$ 2,370 psf (click here to see the latest indicative pricing for Fyve Derbyshire based on recent transacted prices)
Useful Resources
1.) For price trends, recent transactions, other project info, check out Fyve Derbyshire (former Derby Court) project details page
2.) For the latest Fyve Derbyshire listings, click here
Related property news
That rounds up our list for new launches near North-South Line (NSL) Stations for 2019. We hope that this list has been useful to you as you make your decision on which new launch suits you best.
Note : We will update this post continuously/quarterly as new information arises about these projects.
By Raquel Alexandria / EdgeProp Singapore | September 4, 2019 3:00 PM SGT

Source: EdgeProp