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Brand New Kallang Condo
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6100 7788

Kallang Close Residences Developer

Kallang Close GLS Site Secures $610.8M Bid for New Waterfront Development

The Kallang Close GLS site has attracted a top bid of $610.8 million from a joint venture between Frasers Property and Mitsubishi Estate, signaling strong confidence in this city fringe location. Situated along Kallang Avenue in District 14, the future Kallang Close Residences is expected to transform the waterfront parcel into a highly sought after residential enclave. With its proximity to Kallang MRT and established amenities, this new launch near Kallang Close is well positioned to appeal to both homeowners and investors.

Kallang Close Residences: New Launch Near Kallang Close with Strong Connectivity

Kallang Close Residences is poised to benefit from excellent transport connectivity and everyday convenience. Located near Kallang MRT, residents will enjoy seamless access to the city while staying within a vibrant and mature neighbourhood. The development sits on a 123,320 square foot site with a plot ratio of 3.5, offering a substantial gross floor area of 431,611 square feet. This scale allows for a thoughtfully planned residential project that balances urban accessibility with comfortable living.

New Launch Near Kallang Close Could See Prices From $2,900 PSF

Based on the land rate of approximately $1,415 psf per plot ratio achieved at the Kallang Close GLS tender, the upcoming Kallang Close Residences may see launch prices starting from around $2,900 psf. The project is expected to feature efficient layouts, functional design, and modern living spaces tailored for urban lifestyles. As a new launch near Kallang Close within a waterfront setting, it is likely to draw strong interest from buyers seeking long term value in a well connected and evolving district.
 

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