Strategically situated between Orchard Road and the central business district (CBD), Zion Road has been gaining popularity amongst homebuyers recently for its convenient location and proximity to town. A waterfront area consisting of a mix of charming shophouses juxtaposed against towering skyscrapers and apartments, Zion Road is an up-and-coming neighbourhood that more are starting to take notice.
The good news is that the government will continue to roll out new private housing supply in the area. The Zion Road (Parcel B) site is the second plot to be launched for tender under its government land sales programme (GLS). In a tender which closed on 18 July 2024, the plum Zion Road (Parcel B) site garnered 3 bids with a top bid of $730 million - reflecting a land rate of $1,304 psf ppr - submitted by Valerian Residential Pte. Ltd (an entity of Allgreen Properties). The Zion Road (Parcel B) site can potentially yield 610 units.
The Zion Road (parcel B) plot is attractive, and the future residential development could be compelling to buyers, given its walking distance to the Havelock MRT station (Thomson East Coast Line) and the myriad of nightlife, restaurants, food center, and retail options in the surrounding areas.
City living in vibrant neighbourhood
The project will be situated next to a mixed-use residential-commercial site with a retail ground floor podium. Residents will enjoy great convenience with easy access to daily necessities at the mixed-use development as well as the myriad of amenities around the site.
The Zion Road (Parcel B) site is just a few minutes' walk to the Great World City mall, and the Zion Riverside Food Centre which offers an array of popular local hawker fare. It is also not far from the Tiong Bahru Market and Food Centre, the eclectic enclave of cafes and eateries in Tiong Bahru, the Tiong Bahru shopping mall, and the glitzy retail malls along Orchard Road.
It is also a stone throw away from the scenic Singapore River, which is lined with restaurants and cafes at Roberson Quay, and further down in Clarke Quay and Boat Quay. Residents can take a leisurely stroll down the Alexandra Park Connector and Alexandra Canal which connects them to the bustling Clarke Quay area. With a plethora of amenities nearby, the Zion Road area is set to be the next up-and-coming neighbourhood, with a good mix of retail, dining, entertainment, and lifestyle offerings just minutes' away.
Excellent connectivity and amenities
Being linked to the Havelock MRT station on the Thomson-East Coast Line (TEL) further enhances the convenience and appeal of the site. Residents will enjoy a seamless commute via the TEL to Shenton Way which is three stops (less than 10 minutes) from Havelock station, as well as to Great World City and Orchard Road in the other direction towards northern Singapore.
When the TEL is fully operational, it will take commuters all the way to Sungei Bedok, along Singapore's eastern coastline - passing through stations including Tanjong Katong, Marine Parade, Siglap, and Bayshore. These in turn, will provide convenient access to more retail, F&B, and recreation offerings in the East to residents.
Apart from the TEL, the site is also well-served by main roads, such as Zion Road, Havelock Road, Kim Seng Road, and River Valley Road. Given the strategic location and efficient road network, the site is 5 minutes' drive to Orchard Road, and 10 minutes' drive to Raffles Place - for residents who drive.
Meanwhile, there are also numerous schools nearby including Alexandra Primary School, River Valley Primary School, Zhangde Primary School, Gan Eng Seng Primary School, CHIJ (Kellock), Cantonment Primary School, Radin Mas Primary School, Crescent Girls' School, Bukit Merah Secondary School, and Queenstown Secondary School.
With more private housing coming up in the Zion Road and River Valley area, the region will be even more lively - with new families moving in. Another upcoming highlight is the government's plans to revitalise Pearl's Hill which is about 1-km from the Zion Road plot. The Urban Redevelopment Authority had said in November 2023 that Pearl's Hill will be developed as an inclusive and community-centric neighbourhood, with a variety of housing options, and a proposed mixed-use development to be integrated with the Outram Park MRT station.
About the developer
Allgreen Properties Limited, a prominent real estate developer in Singapore, is renowned for its extensive portfolio of high-quality residential projects ranging from high-end luxury to mass-market developments. Established in 1986 and a subsidiary of the prestigious Kuok Group, Allgreen Properties has earned a reputation for delivering exceptional developments that enhance urban living. Notable projects include Pasir Ris 8, Royal Green, Fourth Avenue Residences, Juniper Hills and Riversails.
July 25, 2024
July 24, 2024
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