tagnenerke
490 posts
Oct 21, 2024
1:54 AM
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The Orie condominium is the latest brand-new luxurious condominium located in the prime mature estate of Toa Payoh at Lorong 1 Toa Payoh (Former Police Security Command Centre). The Lorong 1 Toa Payoh site was successfully acquired by City Development Limited (CDL), Frasers Property and Sekisui House via government land sale on 15th November 2023 for $968 million, which translates to a land rate of $1,360 psf ppr the orie showflat. This plot of 99-years' leasehold land which sits on 15,743 m² / 169,458 sqft land parcel could potentially yield 777 new homes from 1-5 bedrooms that can cater to different individuals with different requirements. The new development will comprise of two 40-Storey towers.
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