Toa Payoh One Residences

Project Name	Toa Payoh One Residences (TBC)
Land Use / Zoning	Residential
Type of Housing Development	Condominium
Site Area	15,743 sqm
Permissible Gross Floor Area (GFA)	66,121 sqm (711,356 sqft)
GFA psf	$ 1,360 psf (GFA)
Status	Tender Close 15 November 2023
Successful Tenderer	CDL Constellation Pte. Ltd., Frasers Property Phoenix Pte. Ltd. and Sekisui House, Ltd.
Successful Tender Price	$ 968,000,000
Lease Period	99 years
TOP Expected	2028
No. Units Expected	800

Highlights

The Land Parcel is located within the Toa Payoh Planning Area, at the junction of Lorong 1 and Lorong 4 Toa Payoh. The site is currently occupied by the Police Security Command (SecCom) premises, and will be vacated in due course.
Toa Payoh is a mature residential town in the central region of Singapore. It is well connected to other parts of the island via various modes of public transportation and is served by 4 MRT lines (i.e. North-South Line, North East Line, Circle Line and the Thomson-East Coast Line) at several MRT Stations (i.e. Braddell, Toa Payoh, Woodleigh, Potong Pasir and Caldecott). The town has a plethora of amenities, including shops, supermarkets, hawker centres, sports facilities, and schools.
The Land Parcel is nestled within an established neighbourhood, right next to the existing neighbourhood centre with amenities such as shops, F&B outlets and a park that will be upgraded with new facilities and lush greenery under HDB’s Remaking Our Heartland programme.
Sited within a 400m radius of the Braddell MRT Station, the future development is highly accessible to and from other parts of the island via MRT and other forms of public transport. Cycling paths are also being introduced around the Land Parcel as part of the comprehensive cycling network for Toa Payoh Planning Area to encourage inter-town connectivity and active commute.
The number of Dwelling Units (DUs) for the proposed development is approximately 800. Maximum building height of 145 m.

CDL began in a small, rented office in Amber Mansions on 7 September 1963, staffed by only eight employees, to acquire, develop and sell property. The Company went public in November 1963 and its shares were listed on what was known then as the Malayan Stock Exchange.
Listed on the Singapore Exchange, the Group is one of the largest companies by market capitalisation. Its income-stable and geographically diverse portfolio comprises residences, offices, hotels, serviced apartments, student accommodation, retail malls and integrated developments.
With six decades of track record, CDL has built a distinctive legacy of industry leadership and championing green buildings, fueled by our vision to conserve as we construct. We look forward to achieving new milestones as we continue to transform the eco-landscape as well as to set benchmarks in innovation and sustainable developments. And to press on for our biggest reward, a better home for everyone to live in.

Frasers Property developed its first property in 1980 with the building of The Centrepoint, a landmark shopping centre in the heart of Singapore's Orchard Road. We were then the property division of Cold Storage Limited.
In 1990, we became a subsidiary of Fraser and Neave, Limited, a diversified business established since 1883. From owning one shopping centre in the 1980s, we have become a multinational company listed on the SGX-ST, with businesses across five asset classes. The assets range from residential, retail, commercial and business parks, to logistics and industrial properties in Singapore, Australia, Europe, China and Southeast Asia. In addition, we have a well-established hospitality footprint that spans more than 70 cities.
Frasers Property is a multinational investor-developer-manager of real estate products and services across the property value chain. The Group is listed on the Main Board of the Singapore Exchange Securities Trading Limited and headquartered in Singapore. Frasers Property's multinational businesses operate across five asset classes, namely, commercial & business parks, hospitality, industrial & logistics, residential and retail. The Group has businesses in Southeast Asia, Australia, the EU, the UK and China, and its well-established hospitality business owns and/or operates serviced apartments and hotels in over 20 countries and more than 70 cities across Asia, Australia, Europe, the Middle East and Africa.

Sekisui House celebrated our 60th anniversary in 2020, and over those years we have provided over 2.6 million homes to our customers both in Japan and globally. Built on this unparalleled history and experience, we commit ourselves to a future where people all around the world can live joyful lives in safe, secure and comfortable homes.