CDL New Condo @ Toa Payoh Lor 1

CDL New Condo @ Toa Payoh Lor 1 is a rare 99-years leasehold condo project in Toa Payoh / Braddell that is set to newly launch 2H 2024. Located at the junction of Toa Payoh Lor 4 & Toa Payoh Lor 1 in District 12, this development is just a short stroll away from Braddel MRT and the matured township of Toa Payoh central.

This new GLS site at Toa Payoh Lorong 1, which had not seen a new condominium launch in seven years, has attracted a significant bid from a consortium of property developers. City Developments Ltd (CDL), Frasers Property, and Sekisui House came together to submit the highest bid for this site, amounting to $968 million for the 1.57-hectare site located at the junction of Lorong 1 and Lorong 4 Toa Payoh. Their intention, upon winning the bid, is to develop a residential project that will feature two blocks of 40 storeys with approximately 775 residential units.

Location-wise, CDL New Condo @ Toa Payoh Lor 1 enjoys a prime spot in one of Singapore’s most established residential areas, Toa Payoh. Future Residents have easy access to a variety of amenities including shopping malls, schools, parks, and hospitals. The condominium is just a stone’s throw away from Braddell MRT station and major expressways, ensuring that the whole of Singapore is within reach.

The Toa Payoh Central and Toa Payoh Vista Market are popular destinations nearby for future residents seeking groceries or food options. For families with school-going children, prestigious educational institutions such as Pei Chun Public School, CHIJ Primary School, and Raffles Institution are located nearby.

Being one of the rare residential projects in Toa Payoh, CDL New Condo @ Toa Payoh Lor 1 offers a rare investment opportunity. Given its attractive location, high-quality construction, and wealth of amenities, this new launch promises high rental yield and potential for capital appreciation, making it a valuable asset for both homebuyers and investors.

Revitalize your style of living at your dream home CDL New Condo @ Toa Payoh Lor 1.

Highlights

Superb Location – Situated in the mature city fringe estate of Toa Payoh where Braddell MRT, Toa Payoh MRT and Bus Interchange are all walking distance away.
Reputable Schools – Many good schools such as SJI International School, CHIJ Toa Payoh, Pei Chun Public School, Raffles Junior College and Raffles Institution are located nearby.
Convenience – Just minutes’ drive to both Orchard and the CBD and also easily connected to the CTE and PIE.
Potential High Rental Demand – Due to its proximity to many amenities and a city fringe MRT Station, there is a high potential of attracting a large pool of tenants.
Potential Gain – Limited supply of private condomiums versus the strong demand in Toa Payoh leads huge potential future capital appreciation.

Fact Sheet

Affinity Fact Sheet
Developer	JV of City Developments Ltd (CDL), Frasers Property, and Sekisui House
Address	Toa Payoh Lorong 1
District	12
Property Type	Private Condominium
Tenure	99 Years Leasehold
Site Area	Approx 15,743.0 m2
Expected TOP	To Be Advised
Number Of Units	Est 775 Units

Site Location

Seeking Indication of Interest (Pending Approval For Sale)