Launching: The Concorde

The Concorde forms the cluster of condominiums acquired by CDL within the vicinity of The Albany, Thomson Mansions, Bright Building and Balestier Court.

Property name: The Concorde by City Developments Limited (CDL)

Location: District 11, 368 Thomson Road (Junction of Thomson & Balestier Road)

Tenure: Freehold

Launch: July 2010

T.O.P.: 2014 / 2015

Type: The Concorde, located at 368 Thomson Road will be the latest launch by CDL and forms the cluster of condominiums acquired by CDL within the vicinity of The Albany, Thomson Mansions, Bright Building and Balestier Court. Located at the former Concorde Residences site, The Concorde will be a single 36 storey condominium project comprising of 157 one+study to four bedroom regular units and five bedroom penthouses. All units are angled to maximise the vantage point, with the four-bedroom units having a 270-degrees view of the city and greenery. The project is located close to Toa Payoh or Novena MRT, and is well connected to major expressways like the Pan-Island Expressway. Average price estimated at S$1300-1500 per sq ft.

Analyst's forecast: CDL's acquisition of this cluster of buildings has strengthened its presence in the prime Thomson Road district. Cube 8 (former Thomson Mansions & The Albany site) launch was a quick sell-out early this year at an average of $1,350 psf. Residents will benefit from the growth cluster as new properties and amenities are developed in the vicinity.

Link: https://www.propertyshowrooms.sg/listings/the_concorde

Source credit: Keith Ng, Asia Property Group Pte. Ltd.

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