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20-07-2020, 04:11 PM
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Senior Member
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Join Date: Apr 2019
Posts: 37
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One-North Eden
One-North Eden is located at the junction of one-north Gateway and Slim Barracks Rise. The land parcel was released for sale by the Urban Redevelopment Authority ( URA) on 27 June 2019. Under the URA land use zoning, the one-north Gateway Government Land Sale (GLS) site will see a new residential development with commercial spaces at the first storey in future.
The 5,778.7 sq m site area with a maximum gross floor area of 14,447 sq m will potentially see approximately 165 residential units in One North Eden condo.
With its strategic location at the one-north business park, the one-north Gateway GLS site for one north gateway condo attracted nine bids when the tender closed on 5 September 2019. In the fiercely competed land bidding exercise, the top offer was $155.7 million or $1,001 per square foot per plot ratio (psf ppr), lodged by TID Residential, a joint venture between Hong Leong Holdings and Mitsui Fudosan Co.
Conceptualised in 2001, one-north is a vibrant work-live-play-learn research and business park that serves as a fertile ground for collaboration, innovation and business growth.
JTC was appointed as the lead agency to master plan and develop this 200-hectare development. Today, one-north has grown to become an icon of Singapore’s knowledge economy with a focus on key growth sectors, namely biomedical sciences, infocomm technology and media, supported by capabilities in science and engineering.
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