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Title: Norwood Grand Redefines Residential Living with Luxurious Urban Oasis in Woodlands, Singapore
Singapore, 7th Aug 2024 - The expansion of the Woodlands Regional Centre is projected to bring about a multitude of employment prospects across different industries including retail, hospitality, and various services. This will significantly benefit the residents of Norwood Grand, providing them with potential job opportunities close to their own doorstep. This advantageous economic growth is anticipated to positively impact the community surrounding Norwood Grand naturally. Woodlands Avenue 2 and Woodlands Avenue 5 serve as crucial thoroughfares surrounding the development. These vital roads facilitate direct entry to expressways and various parts of Woodlands and beyond. The convenience these roads offer is augmented by their linkage to other prominent routes such as Woodlands Drive and Admiralty Road, leading to smooth traffic flow and enhancing travel proficiency. Norwood Grand, a brand new project by City Developments Limited (CDL), will be located at Champions Way. With a winning bid of $294.889 million, CDL has secured the development site, which translates to a land rate of $904 per square foot per plot ratio (psf ppr). This bid outperformed the second-highest offer by 8.3%, with TID, a joint venture between Hong Leong Group and Mitsui Fudosan, bidding $272.26 million at $835 psf ppr. The site has the capacity for 350 units and attracted a total of six bids. Woodlands, with its abundance of green spaces and tranquil surroundings, is often referred to as a "Garden Town". Norwood Grand embraces this concept, providing residents with a luxurious urban oasis that seamlessly blends nature with modern living. With its prime location, extensive facilities, and focus on sustainability, Norwood Grand is set to redefine residential living in Woodlands...
This press release is issued by King Newswire