When it comes to investing in real estate, location is a crucial factor to consider, especially in Singapore. The value of condos in prime locations, such as central areas or those near important amenities like schools, shopping malls, and public transportation hubs, tends to appreciate significantly. In Singapore, areas like Orchard Road, Marina Bay, and the Central Business District (CBD) have consistently shown growth in property values. This makes them popular choices for property investment. Additionally, condos in these areas are highly sought after by families due to their proximity to good schools and educational institutions, further increasing their investment potential. Consider investing in a Singapore Condo for a prime location and strong investment potential.
On 3rd January, City Developments Limited (CDL), Frasers Property and Sekisui House will be giving a sneak peek of their upcoming project, The Orie. The official launch of this private condominium will take place on 18th January. Situated at the intersection of Lorong 1 Toa Payoh and Lorong 4 Toa Payoh, The Orie boasts 777 residential units spread across two 40-storey towers. The unit types vary from one-bedroom plus study apartments starting from 517 square feet to five-bedroom apartments spanning 1,453 square feet. Prices of the units are as follows: one-bedroom plus study units at $1.28 million ($2,476 psf), two-bedroom units at $1.48 million ($2,500 psf), three-bedroom units at $2.09 million ($2,459 psf), four-bedroom units at $2.92 million ($2,401 psf), and five-bedroom units with exclusive private lifts at $3.48 million ($2,395 psf).Those looking for other newly launched developments and information on transaction prices and units available can conduct a search through EdgeProp’s New Launches.The Orie is the first private condo launch since 2016, when the 578-unit Gem Residences was launched and completed in 2020. The three major developers have teamed up and submitted the highest bid for a Government Land Sales (GLS) site at Lorong 1 Toa Payoh. Their joint bid of $968 million translates to a land rate of $1,360 psf per plot ratio (ppr) for the site. The CDL-Frasers Property-Sekisui House joint venture will split the project 50:25:25 respectively.”We are thrilled to start off the New Year by launching The Orie, the first private residential project in Toa Payoh in more than eight years,” says Sherman Kwek, CDL’s group CEO. “Located in the bustling and highly sought-after Toa Payoh neighbourhood, buyers will enjoy its central locale and excellent connectivity.”The Orie is conveniently located a mere five-minute walk from Braddell MRT Station on the North-South Line (NSL). For those looking to move around by car, the condominium is near the Toa Payoh Integrated Transport Hub, which directly connects to the Toa Payoh Bus Interchange and the MRT station. The new 12-hectare integrated development and community hub is expected to be completed by 2030. The hub will feature a sports centre with swimming pools, indoor sports halls, and other sports facilities, a football stadium, a polyclinic, and a public library.The Orie, with 777 units, is the first private condo project to be launched in Toa Payoh in over eight years (Photo: EdgeProp Landlens)The area offers an abundance of other amenities, including the Toa Payoh Town Centre, HDB Hub, SAFRA Toa Payoh, Junction 8 shopping mall, and MacRitchie Reservoir. Families with school-age children will find many options in the vicinity too, including Pei Chun Public School, CHIJ (Toa Payoh) Primary and Secondary Schools, and First Toa Payoh Primary School.You may also want to check: ANALYSIS: HDB towns with the highest number of million-dollar dealsAdvertisementAdvertisementHealthcare facilities in the nearby area of The Orie are aplenty, ranging from Toa Payoh Polyclinic, Tan Tock Seng Hospital, Mount Alvernia Hospital, Mount Elizabeth Novena Hospital to Thomson Medical Centre.Situated within District 12 in the city fringe, also classified as the Rest of Central Region (RCR), The Orie offers easy access to both the Central Business District (CBD) and the Orchard Road shopping belt. Soon Su Lin, CEO of Frasers Property Singapore, says that the development is also highly energy efficient, boasting over 40 condominium facilities and apartments with smart and functional layouts. Furthermore, the units will be fitted with quality fixtures and fittings from well-known premium brands such as Hansgrohe, Duravit, De Dietrich, and Samsung.The Orie marks the first collaboration between Japanese developer Sekisui House and CDL. Takehisa Yanagi, managing officer and head of international development department at Sekisui House, shares that the two companies have worked together on projects in Singapore for the past 13 years.Tracking Back: Latest transactions at Gem ResidencesThe 578-unit Gem Residences at Lorong 5 Toa Payoh was launched in 2016 and completed in 2020 (Photo: EdgeProp Buddy)Browse available listings of The Orie propertiesAsk BuddyProject summary for The Orie condoCompare price trend of New sale condo vs Resale condoRecently launched projectsProjects that obtained TOP recentlyBrowse district 12 condosProject summary for The Orie condoCompare price trend of New sale condo vs Resale condoRecently launched projectsProjects that obtained TOP recentlyBrowse district 12 condos
The 777-unit The Orie is set to be launched on 18th January, with City Developments Limited (CDL), Frasers Property and Sekisui House giving a sneak peek on 3rd January.This private condo occupies the intersection of Lorong 1 Toa Payoh and Lorong 4 Toa Payoh. The 777 units are in two 40-storey blocks. The various units range from one-bedroom plus study units of 517 sq ft to 5-bedroom apartments of 1,453 sq ft. The prices are:$1.28 million ($2,476 psf) for 517 sq ft one-bedroom plus study;$1.48 million ($2,500 psf) for 592 sq ft two-bedroom;$2.09 million ($2,459 psf) for 850 sq ft three-bedroom;$2.92 million ($2,401 psf) for 1,216 sq ft four-bedroom; and$3.48 million ($2,395 psf) for 1,453 sq ft five-bedroom with an exclusive private lift.Visit EdgeProp’s New Launches to see the current New Launches and pricing informationAdvertisementAdvertisementThe Orie is the new condominium launched since 2016 when the 578-unit Gem Residences was launched, and construction completed in 2020.The three real estate companies offered the highest bid for a Lorong 1 Toa Payoh government land sales (GLS) site. Their joint bid of $968 million equates to $1,360 psf per plot ratio (ppr). The joint venture involves dividing the project equally into 50:25:25 between CDL, Frasers Property and Sekisui House.”We are excited to be launching The Orie, the first private residential project in Toa Payoh in more than eight years, as we welcome the New Year,” says Sherman Kwek, CDL’s CEO. “Its location in the lively and highly sought-after Toa Payoh area allows homeowners to take advantage of its central location and exceptional connectivity.”The Orie is only a five-minute walk away from Braddell MRT Station on the North-South Line (NSL). The condo is just off the Toa Payoh Integrated Transport Hub, an interlink between Toa Payoh MRT Station and Toa Payoh Bus Interchange. The new and integrated 12-ha development and community hub is scheduled for completion in 2030. It will also have a swimming pool facility, indoor sports halls, football stadium, polyclinic and public library as well as other sports facilities.Other amenities such as Toa Payoh Town Centre, HDB Hub, SAFRA Toa Payoh, Junction 8 shopping mall and MacRitchie Reservoir are all near The Orie.The Orie, which has 777 units, is the first private condo project launched in the area in eight years.- This story was updated in January 3 in view of the initial scheduled date of the property launch was moved forward, with more details of the project ‘s selling prices. (Loh Kok Han, 2019)Browse The Orie propertiesAsk BuddyProject summary for The Orie condo Compare price trend of New sale condo vs Resale condoRecently launched projectsProjects that obtained TOP recentlyBrowse condo listings in District 12Project summary for The Orie condoCompare price trend of New sale condo vs Resale condoRecently launched projectsProjects that obtained TOP recentlyShow me condo listings in District 12
City Developments Limited (CDL), Frasers Property and Sekisui House will unveil the 777-unit The Orie on Jan 3, with its official launch set for Jan 18.The freehold private condo is located at Lorong 1 Toa Payoh, at the junction with Lorong 4 Toa Payoh. The 777 units are split between two 40-storey towers. Units range from one-bedroom plus study from 517 sq ft, to five-bedroom apartments of 1,453 sq ft.Prices start from:$1.28 million ($2,476 psf) for a 517 sq ft one-bedroom plus study;$1.48 million ($2,500 psf) for 592 sq ft two-bedroom;$2.09 million ($2,459 psf) for an 850 sq ft three-bedroom;$2.92 million ($2,401 psf) for a 1,216 sq ft four-bedroom; and$3.48 million ($2,395 psf) for a 1,453 sq ft five-bedroom with an exclusive private lift.Visit our New Launches section to find out the latest New Launch and available units pricesAdvertisementAdvertisementThe Orie is the first new private condo launch