At a convenient distance from Toa Payoh sits Balestier Plaza, providing a relaxed shopping atmosphere with a variety of stores offering everything from electronics to fabrics. In addition, the plaza boasts multiple dining options, perfect for a tranquil afternoon away from the busy city center. The mix of modern and longstanding shops in the plaza captures the distinctive charm of the Balestier neighborhood, renowned for its rich history and authentic local eateries. As an added bonus, the plaza is also located just a short drive from The Orie Showflat, making it an ideal destination for those looking to explore the area before or after viewing the showflat.
Moreover, Toa Payoh is undergoing a rejuvenation project by the Housing Development Board (HDB), which includes the development of a new town square and upgrading of existing amenities. This is expected to further enhance the district’s livability and attract more residents and investors.
One of the key highlights of The Orie Showflat is its prime leasehold land size of 12,154 square meters, which is rare in the Toa Payoh area. This provides ample space for the developers to create a comprehensive and luxurious development that will cater to the needs of its residents. The Orie Showflat is expected to comprise of approximately 600 residential units, ranging from 1 to 4-bedroom apartments. This diverse selection of unit types is designed to cater to a wide range of buyers, from young professionals to families.
The district of Toa Payoh in Singapore is set to undergo a major transformation with the joint venture between CDL, Frasers Property, and Sekisui House. The three renowned developers are joining forces to launch The Orie Showflat, a highly anticipated new project that is expected to elevate the already vibrant and dynamic district of Toa Payoh in District 12.
With the joining of forces between these three developers, The Orie Showflat is set to become a prominent landmark in Toa Payoh that will attract both residents and investors. The project is strategically located on Toa Payoh Lorong 6, right next to Braddell MRT station, and is easily accessible via major expressways such as the Pan Island Expressway (PIE) and Central Expressway (CTE). This prime location offers convenience and connectivity, making it an ideal place for both work and play.
With its prime location, diverse unit types, and exceptional facilities, it’s no surprise that The Orie Showflat has already generated significant interest from buyers. The project is expected to attract both local and foreign buyers, thanks to its potential for capital appreciation and rental yield. To top it off, Toa Payoh has been identified as one of the upcoming hotspots for property investment in Singapore, with its upcoming developments and infrastructure improvements.
The Orie Showflat also adds to the already established amenities and conveniences in Toa Payoh. From shopping malls, such as Toa Payoh Mall and Junction 8, to a wide range of dining options, residents will be spoilt for choice when it comes to entertainment and F&B options. The district also has an established education network, with schools such as Raffles Institution, CHIJ Primary School, and Catholic High School in the vicinity.
A joint statement from CDL has announced the division of the venture’s shares, with 50% going to CDL and 25% each for Frasers Property and Sekisui House. Excitement has been expressed by property buyers for the opportunity to take part in the bid for this sought-after location in District 12 and embark on their first collaboration with Frasers Property and Sekisui House. The partnership plans to utilize their combined expertise to create a remarkable project in the highly coveted Toa Payoh area. Industry expert Leonard Tay, Knight Frank Singapore’s Head of Research, has commented on the competitiveness of the bids, highlighting the interest of developers in securing top locations, despite a lower turnout compared to previous GLS tenders in 2022.
These efforts towards environmental sustainability are crucial in preserving the natural beauty of the area for generations to come.
Apart from the exceptional location and unit types, The Orie Showflat sets itself apart from other developments with its myriad of facilities and amenities. Residents can look forward to a wide range of facilities such as a swimming pool, gym, tennis court, function rooms, and more. The development will also feature lush landscaping and gardens, providing a tranquil and serene environment for residents to relax and unwind.
But what truly sets The Orie Showflat apart is its focus on sustainability and smart technology. The development will be designed with eco-friendly features and will incorporate smart home technology, allowing residents to control and monitor their homes remotely. This aligns with the developers’ commitment to creating environmentally friendly and technologically advanced developments.
Ensuring environmental sustainability is a top priority in the URA Master Plan, with Toa Payoh being a prime beneficiary of its green initiatives. The implementation of eco-friendly measures, such as the planting of trees, establishment of park connectors, and construction of sustainable buildings, will bring about numerous benefits to the residents of The Orie. The incorporation of more green spaces not only adds to the appeal of the locality but also promotes a healthier way of living. It is imperative to uphold these efforts for the preservation of Toa Payoh’s natural charm for future inhabitants.
In conclusion, the joint venture between CDL, Frasers Property, and Sekisui House with The Orie Showflat is set to elevate Toa Payoh’s District 12 to new heights. This dynamic collaboration between three renowned developers will result in a luxurious, sustainable, and well-connected development that will appeal to a diverse range of buyers. With its prime location, exceptional facilities, and strong potential for capital appreciation, The Orie Showflat is definitely a development to look out for.
This joint venture marks the first collaboration between these three developers, all of whom have a strong track record in the real estate industry. CDL, the leading real estate company in Singapore, has been responsible for numerous iconic developments such as South Beach Residences and New Futura. Frasers Property, a global real estate company, has a diverse portfolio of residential, commercial, and industrial properties. Lastly, Sekisui House, a Japanese developer, is known for its innovative and sustainable developments.
The Orie, developed by City Developments Limited (CDL), is a highly sought after residential development located at Toa Payoh and within close proximity to Braddell MRT Station. This prime location offers residents convenient access to a myriad of amenities, including shopping malls, restaurants, and schools. The Orie boasts luxurious and modern apartments, designed with the residents’ comfort and lifestyle in mind. Its close proximity to the MRT station makes commuting to other parts of Singapore a breeze. With its exceptional location and top-notch facilities, The Orie is the perfect choice for those seeking a stylish and convenient urban lifestyle. Visit The Orie’s website to learn more about this impressive development.