Home Mixed Development Northumberland Road New Mixed Development – Coming Soon

Northumberland Road New Mixed Development – Coming Soon

by admin
mixed use development northumberland
Launching very Soon! Beside Farrer Park MRT Station.
CDL & MCL Land win the bid for Northumberland mixed development. The site can be developed into a mixed-use project comprising 408 residential apartments of up to 23 storeys and commercial retail space – including an infant care and childcare centre – on the ground floor. Bounded by Gloucester and Race Course roads, the site is near the Farrer Park MRT station, City Square Mall, Mustafa Centre and Connexion, an integrated medical centre and hotel development.
Analysts say the new project may be launched at between $1,900 and $2,100 psf. The first residential government land sales (GLS) tender for this year – a plum site in the Farrer Park area – closed after attracting 10 bids and a robust bid price that showed developers’ hunger for land. The 99-year leasehold land parcel in Northumberland Road near Little India – offered for sale by the Urban Redevelopment Authority under the GLS programme for the second half of 2020 – is the second GLS tender to close since the pandemic began. City Developments (CDL) and joint venture partner MCL Land, through their wholly owned units Maximus Residential SG and Maximus Commercial SG, emerged the top bidder at $445.9 million.

Northumberland Road Project Information

Developer

CDL & MCL Land

Address

Northumberland Road

Land Tenure

99 Years

Site Area

8,732.90 sqm

Total Units

408 units

Project TOP

To be Confirmed

Northumberland Location Map
Northumberland Site Map

Northumberland Road Image Gallery

Unit Types

To Be Announced

What are the steps in acquiring the new launch property?

Step 1
The Buyer books a viewing slot through the appointed salesperson to view the new launch. After viewing, The Buyer shows interest by signing an Express of Interest (EOI) Form and submitting a cheque (crossed & made payable to project account) to select and purchase a unit on Booking Day (Price will only be released on the Booking Day). The cheque will be returned if the buyer decides to not book a unit.

Step 2
Upon securing a unit, the Buyer will sign the Particular, Documents & Information (PDI Form 3), submit 5% booking fee (cheque/cashier order), NRIC/Passport copy & other required forms by the developer prior to issuing Option to Purchase (OTP).

Step 3
Within 2 weeks from the OTP date, the Buyer or their appointed lawyer will receive Sales & Purchase Agreement and a copy of the Title Deed form from the developer’s lawyer.

Step 4
Within 3 weeks from the receipt of S&P, the Buyer exercises OTP by signing the Sales & Purchase Agreement and return the signed copies to the developer’s lawyer.

Step 5
Within 2 weeks after signing the S&P, the Buyer pays Stamp Duty (and ABSD if applicable).

Step 6
Within 8 weeks from the OTP date, the Buyer pays 15% and other progressive payments due.

Northumberland Site Map

Register For Floor Plans, Guide Price, Latest Updates and Priority Showflat Access.

New Project Contact Us

Amenities

Northumberland Mustafa
Northumberland rangoon
Northumberland city square mall 2
Northumberland eateries

CDL & MCL Land

Joint venture partners CDL and MCL Land have submitted the top bid for the Northumberland Road Government Land Sales (GLS) site for $1,129.38 psf per plot ratio (ppr).

Contact Us now for a showflat viewing. 

For urgent viewing, please kindly contact us below.

New Project Contact Us

You may also like

error: Content is protected !!