The latest residential masterpiece by Sim Lian Land, Emerald of Katong Condo, has been revealed to the public in the vibrant enclave of Katong. In a fierce competition for the private residential plot along Jalan Tembusu, the Emerald of Katong Condo emerged as the triumphant winner, beating out only one other proposal in the tender that ended on July 18. With a winning bid of $828.8 million, or $1,069 per square foot per plot ratio (psf ppr), Sim Lian Group has secured its place as the developer for the highly sought-after property, narrowly surpassing the bid of $828 million submitted by City Developments Ltd (CDL) and Frasers Property by a mere $800,000 (0.1%). This means that CDL and Frasers Property’s proposed price for the Emerald of Katong Condo stood at $1,068 psf ppr.
Sim Lian Land has unveiled its latest development, the Emerald of Katong Condo, situated in the …
