The Landmark (Former Landmark Tower)
TOP: Year 2023
Tenure: 99 Years Lease
No. Of Units: 396 units (39 storeys)
Address: 173 Chin Swee Road Singapore
Developer: ZACD Group, Sin Soon Lee Realty and MCC Land
Land Area : TBA
Why Buy here
⭕️GOOD LOCATION ⭕️
✅ 7 Mins walk to Outram MRT and Chinatown MRT, exclusive residence in prime district 03
✅ Beside Pearl's Hill City Park, 360 degrees unblocked view of city skyline and the park, <1 km to river valley primary school
✅ Heritage charm and food culture at Duxton Hill, Bukit Pasoh, Keong Saik, Tras Street, Tanjong Pagar Road, and Gopeng Street
✅ Located near to The Future Tanjong Pagar Waterfront City
✅ Vibrant mix of nearby amenities, shops, shopping malls and many famous eateries nearby
✅ Well-designed Premium home with branded appliances
✅ No restriction on foreign ownership
✅ Amenites nearby include:-
Shopping Mall Nearby
People’s Park Complex People’s Park Centre Chinatown Complex, Chinatown Point and Furama City Centre, Tanjong Pagar Market & Food Centre, China Town Complex, Maxwell Food Centre and Amoy Street Food Centre are just a short distance
Near to Shop N Save Amara, close to Tanjong Pagar Plaza
Minutes drive to Tiong Bahru Plaza, Great World City, Valley Point, Orchard shopping belt and Sentosa
Tanjong Pagar Centre, Marina One West Tower and Marina Bay Link Mall
Within 5 Minutes Away from Singapore’s National Icons- Gardens By the Bay, Singapore Flyer, Marina Bay Sands, Resorts World Sentosa and Marina Bay Cruise Centre
Transport, TRAINS (MRT & LRT)
Zhangde Primary School
Gan Eng Seng School
River Valley Primary School
Outram Secondary School
Cantonment Primary School
⭕️UNIT MIX⭕️ -
Unit Type Size (sqft) No. of Units
1 Bedroom (480 - 1150 sqft)
2 Bedroom (480 - 1150 sqft)
3 Bedroom (480 - 1150 sqft)
About This Project
The Landmark is accessible through the nearest train stations such as Chinatown (DT19 NE4), Outram Park (EW16 NE3 TE17) Thomson-East Coast Line Due 2021, and Havelock MRT (TE16) Thomson-East Coast Line Due 2021. The nearest primary schools are River Valley Primary School, Cantonment Primary School, and Zhangde Primary School. The Landmark is close to amenities like Sheng Siong Supermarket(chin Swee), NTUC FAIRPRICE (CHINATOWN POINT), and Cold Storage Ue Square . The closest shopping malls are PEOPLE'S PARK COMPLEX, PEOPLE'S PARK CENTRE, and PEARLS CENTRE.
Background of the enbloc
Built in 1985 by Garden Landmark Pte Ltd (Far East), Landmark Tower (Enbloc) is located in District 03 and has a total of 139 units. Landmark Tower sold en bloc for $286 million.
The 139-unit Landmark Tower at Chin Swee Road has been sold to a joint-venture (JV) company for $286 million, according to a release by marketing agent JLL.
The 60,821 sq ft site is zoned for residential use with an as-built plot ratio of 4.0. The winning bid of $286 million translates to a land rate of $1,406 psf per plot ratio (ppr) after taking into consideration the lease upgrade premium of $57 million, estimates Tan Hong Boon, JLL regional director.
The price of $1,406 psf ppr compares favourably to the $1,515 psf ppr achieved at Pearl Bank Apartments, which was sold to CapitaLand in February. Landmark Tower is also a 99-year leasehold development located next to Pearl’s Hill City Park, near Pearl Bank Apartments.
Given its vantage point, Landmark Tower offers residents 360-degree city views. Based on the sale price, the owners of Landmark Tower will receive gross proceeds between $1.6 million and $4.9 million from the collective sale, adds JLL’s Tan.
The 33-year old development was put up for collective sale on April 10 with a reserve price of $285 million, althought owners had expected in excess of $300 million ($1,474 psf ppr) for it.