Sim Lian Group has announced that it will be showcasing its latest development, the Emerald of Katong, on November 1st, with sales starting on November 16th. The 99-year leasehold condominium is located on Jalan Tembusu, just off Tanjong Katong Road and a mere five-minute walk from Tanjong Katong MRT Station on the Thomson East Coast Line.
The development offers a range of units, from one-bedroom-plus-study apartments to spacious five-bedroom homes, with sizes ranging from 484 sq ft to 1,561 sq ft. The Emerald of Katong is one of the first projects to be launched under the new gross floor area harmonization initiative, which excludes air conditioner ledges from the strata area. This not only maximizes the usability and efficiency of the space, but also creates a more comfortable living experience for residents, according to Sim Lian Group.
“Our goal is to provide a home where residents can enjoy maximum comfort, improved connectivity, and a strong sense of community in the modern Peranakan district of Katong,” commented Kuik Sing Beng, executive director of Sim Lian Group.
Prospective buyers can now search for the latest information on New Launches and find out about the transaction prices and available units.
The Emerald of Katong is situated on Jalan Tembusu (Parcel B), a site that was acquired by Sim Lian for $828.8 million, or $1,069 psf per plot ratio, in July of last year. The development is located next to the highly sought-after Tembusu Grand, a 638-unit condominium by City Developments and MCL Land. The 99-year leasehold project was launched in April of last year, and to date, 82% of the units have been sold at an average price of $2,459 psf. Interested buyers can also check out the latest listings for the Emerald of Katong on various property websites.
For those looking to compare the Emerald of Katong with other new launches in the area, there are several tools available online, including a price trend graph, a list of projects with the most expensive average PSF, and information on recent condo rental and sale transactions in District 15. These resources can help buyers make an informed decision when it comes to investing in the Emerald of Katong or any other properties in the district.