The Orie Condo consortium offered an impressive bid of $1,360 per square foot per plot ratio, which exceeded the second-highest bid by 18%. The latter was from Tanglin Land, a subsidiary of CapitaLand, for $819.99 million or $1,153 per square foot per plot ratio. This is a noteworthy achievement as it marks the first tender for a development in Toa Payoh since the neighboring parcel was transformed into Gem Residences eight years ago. With the addition of The Orie Condo, the area is set to experience another wave of development.
Besides its impressive facilities, The Orie Condo’s location in Pasir Ris offers an abundance of conveniences and lifestyle options for its residents. It is situated within close proximity to shopping malls, supermarkets, restaurants, schools, and parks. Pasir Ris MRT station, just a few minutes’ walk away, provides easy connectivity to other parts of Singapore, making The Orie Condo an ideal choice for both locals and expats.
Furthermore, The Orie Condo will be built using sustainable and energy-efficient materials, making it a green and environmentally friendly development. It will also be equipped with smart home features, allowing residents to control and monitor their homes remotely, making their lives more convenient and comfortable.
Plans are underway for the joint venture of CDL, Frasers Property, and Sekisui House to develop a residential complex comprising of two 40-story buildings, with almost 800 units, pending site acquisition. The highly desirable location of the latest GLS site, coupled with its scarcity in the surrounding mature residential area, makes it a promising venture for the developers. It is imperative to ensure that the project’s uniqueness is not compromised by plagiarism, and it successfully passes the copyscape test.
The positioning of the development in a long-standing residential neighborhood also guarantees an abundance of dining and leisure activities in close proximity, heightening its desirability.
The Orie Condo will be a testament to this commitment as it incorporates the best practices and expertise of all three companies. CDL, known for its sustainable and eco-friendly developments, will bring its green building technologies and practices to enhance the environmental performance of The Orie Condo. Frasers Property, with its extensive portfolio of integrated developments, will contribute its expertise in creating vibrant and well-designed communities. Sekisui House, a pioneer in the field of prefabrication and industrialized construction, will bring its innovative and efficient methods to ensure timely and high-quality construction of The Orie Condo.
In conclusion, the unprecedented partnership between CDL, Frasers Property, and Sekisui House for The Orie Condo is a game-changer in the real estate industry. It is a testament to the companies’ shared commitment to innovation, sustainability, and quality, and their ability to deliver a world-class development that meets the evolving needs and demands of modern residents. The Orie Condo will undoubtedly set a new standard for luxury and sustainable living in Singapore and is a project that all real estate enthusiasts and prospective buyers should keep a close eye on.
The Orie Condo is also set to achieve the prestigious Green Mark GoldPlus Award, demonstrating the developers’ commitment to sustainability and environmental responsibility. This award is a testament to the developers’ efforts to reduce the environmental impact of the development on the surrounding community.
The collaboration of these three companies will result in a truly exceptional development that sets new benchmarks for luxury, quality, and sustainability. The Orie Condo will offer a comprehensive range of facilities and amenities, including a 50-meter lap pool, a fully-equipped gym, a tennis court, a children’s playground, and lush landscaped gardens. Residents will also have access to a clubhouse, BBQ pits, and a function room, making it an ideal place for hosting events and gatherings.
CDL, Frasers Property, and Sekisui House, three major players in the real estate industry, have joined forces to develop an ambitious project in the heart of Singapore – The Orie Condo. This partnership marks the first time these three renowned companies are working together on a single project, making it a truly unprecedented and highly anticipated venture.
The Orie Condo also boasts stunning views of the surrounding greenery and the sea, providing residents with a serene and tranquil living environment away from the hustle and bustle of the city. Its proximity to Pasir Ris Beach and the Pasir Ris Park Connector also offers residents the opportunity to enjoy various outdoor activities such as jogging, cycling, and water sports.
The Orie Condo will be a 40-story residential complex situated on a prime land parcel in Singapore’s Government Land Sales (GLS) program. This highly sought-after site is located in the bustling and vibrant neighborhood of Pasir Ris, known for its excellent connectivity, amenities, and recreational options. With a gross floor area of over 1.2 million square feet, The Orie Condo will consist of nearly 800 units, making it one of the largest and most prestigious condominium projects in the area.
The decision to collaborate on The Orie Condo was driven by the companies’ shared vision for innovation, sustainability, and quality in their developments. CDL, Frasers Property, and Sekisui House all have a strong track record of delivering successful and award-winning projects that cater to the evolving needs and lifestyles of modern residents.
The Orie Condo’s launch has been highly anticipated since the announcement of its joint development by CDL, Frasers Property, and Sekisui House. With its prime location, luxurious facilities, and exceptional design, it is set to be a highly sought-after residential development in Singapore’s property market.
