In a joint statement, CDL revealed that the venture will be split into equal shares of 50% for CDL, and 25% each for Frasers Property and Sekisui House. Property buyers have expressed great excitement about leading the bid for this exclusive District 12 location and embarking on their first-ever collaboration with Frasers Property and Sekisui House. The partnership has already started making plans to utilize their collective expertise in developing a remarkable project in the highly sought-after Toa Payoh area. Industry expert Leonard Tay, Knight Frank Singapore’s Head of Research, commented on the intense competition among bidders, noting a strong interest from developers in securing prime locations. Despite a lower turnout compared to previous GLS tenders in 2022, the bids for The Orie Condo remain fiercely competitive.
One of the main highlights of The Orie Condo is its prime location. Situated right in the heart of Toa Payoh, the development offers residents the convenience of being surrounded by a plethora of amenities. Within a 5-minute walk, residents can access the Toa Payoh MRT station, bus interchange, and the Toa Payoh Town Park. This makes commuting to other parts of the city a breeze.
Aside from its prime location, The Orie Condo also stands out with its exquisite design and luxurious facilities. The development boasts a sleek and modern architectural design, with a sleek glass façade that exudes sophistication. Inside, each unit is thoughtfully designed to maximize space and natural light, providing residents with a comfortable and luxurious living space.
Spanning over a total of 202,405 square feet, The Orie Condo is set to feature 300 exclusive units spread across 12 storeys. The development will consist of a mix of 1 to 3 bedroom units, catering to a diverse range of homebuyers, from singles and couples to families. With its prime location and impeccable design, The Orie Condo is set to become one of the most coveted addresses in Toa Payoh.
Moreover, The Orie Condo is also surrounded by a wide range of shopping, dining, and entertainment options. Residents can take a short walk to the nearby Toa Payoh Central, where they will find a variety of retail outlets, supermarkets, and restaurants. The popular hawker center, Toa Payoh Lorong 8 Market and Food Centre, is also just a stone’s throw away, offering residents a taste of local cuisine.
Toa Payoh boasts an impressive network of major roads, facilitating convenient connectivity. In addition to the well-connected Lorong 1 and Lorong 4 Toa Payoh, Jalan Toa Payoh acts as a direct conduit to the CTE and the bustling city center. The prominent Balestier Road, on the other hand, offers swift access to the renowned Novena medical hub and seamlessly extends towards the city, providing residents with an abundance of dining, shopping, and entertainment choices.
The Orie Condo is expected to be a highly sought-after development in a mature estate with its convenient location and strong potential for growth.
CDL, a leading real estate company in Singapore, has an impressive track record of developing award-winning and sustainable projects. Frasers Property, a global real estate company, is well known for its innovative and value-added developments. Lastly, Sekisui House, a renowned Japanese developer, brings its signature quality and attention to detail to The Orie Condo.
The Orie Condo is a luxurious residential development located in the heart of Toa Payoh, one of the most sought-after areas in Singapore. Designed and built by three of the top developers in the country, namely City Developments Limited (CDL), Frasers Property, and Sekisui House, this upcoming project promises to offer its residents a premium living experience.
At Lorong 1 Toa Payoh lies the upcoming Orie Condo, a promising project in the heart of the bustling Toa Payoh Town, adjacent to the Braddell MRT Station. A joint effort by renowned developers City Developments Ltd (CDL), Frasers Property, and Sekisui House has secured the prime Government Land Sales (GLS) site with a whopping winning bid of $968 million. Located at the corner of Lorong 1 and Lorong 4 Toa Payoh, this 1.57-hectare site has been priced at a competitive land rate of $1,360 per square foot per plot ratio (psf ppr). Anticipated to be a highly desirable development, The Orie Condo boasts a prime location in a mature estate, offering convenience and great potential for future growth.
Residents can also look forward to an array of facilities within the development. The Orie Condo features a 50-meter lap pool, a fitness corner, and a tennis court, perfect for those who lead an active lifestyle. For those who prefer a more relaxed atmosphere, there is a jacuzzi, sundeck, and BBQ pavilion where residents can unwind and socialize with friends and family.
For families with school-going children, The Orie Condo is surrounded by reputable schools such as Pei Chun Public School, CHIJ Primary School, and Raffles Institution, providing parents with peace of mind when it comes to their children’s education.
But what sets The Orie Condo apart from other developments is its collaboration between the three top developers – CDL, Frasers Property, and Sekisui House. With their combined expertise and experience in the industry, residents can expect nothing less than top-notch quality and design.
In conclusion, The Orie Condo is a highly anticipated development that embodies luxury, convenience, and quality. With its prime location, exceptional design, and top developers at the helm, this upcoming project is set to redefine the meaning of luxurious living in the heart of Toa Payoh. So, if you are in the market for a premium home, look no further than The Orie Condo.
But the convenience of The Orie Condo does not end there. The development is also located within close proximity to major expressways such as the Pan Island Expressway (PIE) and Central Expressway (CTE), making it easily accessible for residents who drive. This means that residents can reach the Central Business District (CBD) and Orchard Road in just a short drive.