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Allgreen & Kerry Properties portfolio of property development contains residential, commercial and industrial developments of choice. Prime sites, attractive lifestyle characteristics and ideal models are key elements of the Group’s choice innovations. Kerry Properties and Allgreen Properties Limited (“Allgreen”), have formed a joint venture in which the Group holds a 30% interest. The joint venture won a tender for a land parcel located at Pasir Ris Central, Singapore in 2019. With an area of approximately 409,000 square feet, the site is planned for residential and commercial uses.
Allgreen is engaged in mission management via its wholly-owned subsidiary, Leo Property Management Pte Ltd (“LPM”). LPM gives aid services specifically for residences developed by means of the group. In undertaking management, LPM’s function consists of detailed planning, advising on plan development, calling and awarding of tenders for construction work, supervising and monitoring construction, budgets and development payments. LPM’s capabilities consist of improvement of residential, retail, hotel and serviced apartments projects.
The Ryse Residences is a 99-year leasehold project strategically located in District 18 right at the heart of Pasir Ris. It is accessible via Pasir Ris Drive 1. Pasir Ris MRT Station and Bus Interchange are the closest MRT station. The development also enjoys good connectivity to other parts of the island via major expressways such as the Pan Island Expressway (PIE), Seletar Expressway (SLE), Tampines Expressway (TPE) and Kallang-Paya Lebar Expressway (KPE).
The Ryse Residences at Pasir Ris MRT is a planning vicinity and residential town positioned in the East Region, District 18, Singapore. It is bordered with the support of Tampines and Paya Lebar to the south, Sengkang to the southwest and Changi to the east. The development spans across a land area of 3.8-hectare which is placed next to Pasir Ris MRT, Tampines North MRT and Pasir Ris East MRT Station. These consist of an efficient public transport community linked to all components of Singapore, NTUC Downtown East, Elias Mall, White Sands Mall, eating retailers and educational institutions. The Ryse Residences is about 2 mins walk from doorstep to White Sands shopping mall and Pasir Ris bus interchange. Downtown East and E!hub at Downtown East, as well as Pasir Ris Park and the beach, is simply a getaway for family enjoyable and gatherings.
Pasir Ris Central’s vicinity makes it hassle free accessible to Changi International Airport, Singapore Expo, Changi Business Park and Tampines Regional Centre. In addition, The Ryse Residences at pasir ris MRT is the dream home as it is near to a variety of popular local colleges such as Coral Secondary, Loyang Secondary, Tampines Junior College, United World College, Dunman Secondary School,Meridien Junior College and Hai Sing Catholic School.
Online registrants who have booked an appointment here will be able to receive Direct Developer Price and need not pay any commission. Please be informed that units for sale at The Ryse Residences are on first come first serve basis.
The Ryse Residences is a Mixed Used Development project by Allgreen Properties & Kerry Properties in a collaborative effort paying S$700 million for site, improvement to be built-in with transport, other amenities.
The Allgreen Properties and Kerry Properties tie-up that clinched the 99-year leasehold white web site next to Pasir Ris MRT station is planning to improve about 480 residences above three levels of retail space. Its prevailing bid of almost S$700 million works out to S$684.48 per rectangular foot per plot ratio (psf ppr), based totally on a whole gross floor place of 1.02 million sqft.
The business and residential development will be built-in with a bus interchange, a polyclinic and a town plaza, supplying seamless connection to public transport offerings and services for residents.
The achieved development will additionally serve as a community focal point. The dual-envelope idea and rate income smooth for the Pasir Ris Central web site closed final Dec 14, attracting three tenderers. The only other shortlisted tenderer, Far East Organization, bid nearly S$677.78 million, translating to S$662.75 psf ppr.
Pasir Ris estate positively looks energizing with a large number of ventures from Government on rejuvenating the town and development of Cross Island Line and investments from private segment for new enhancements. With such solid open and private speculation, the property costs of Pasir Ris will be vigorously bolstered and improve throughout the following 10 to 20 years
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