ZION ROAD CONDO
A LANDMARK RESIDENCE DIRECTLY LINKED TO HAVELOCK MRT
Developed by highly trusted City Developments Ltd and Mitsui Fudosan, known for delivering exceptional quality, superior design, and long-lasting value.
HIGHLIGHTS OF ZION ROAD CONDO
ZION ROAD CONDO LOCATION
ZION ROAD CONDO
FACT SHEET AT A GLANCE
Project Name | Zion Road Condo |
District | District 3 |
Plot Ratio | 5.6 |
Site Area/GFA | Approximately 9,293.3 sqm |
Tenure | 99years leasehold |
Total Number of Units | 740 units (estimated) |
Address |
Zion Road in Location Map |
Unit Types | 1 to 5-bedrooms & Penthouse* |
Number of Bidders | 2 |
Land Bid | $1202 psf ppr |
Developer | |
CONQUAS Score |
Band 1 (as at 1st December 2024 ) |
Description | |
Architect & Landscape |
|
Developer License Number | |
Expected Date of Vacant Possession | 2029 (to be confirmed) |
Expected Date of Legal Completion | to be confirmed |
Expected Date of Preview | Showflat opening soon Register to View Showflat |
Unveiling the Zion Road Condo: The Pinnacle of Luxury Living
Zion Road Condo is poised to be one of the most coveted residential addresses in Singapore’s central district. Developed by renowned property giants City Developments Limited (CDL) and Mitsui Fudosan, this luxurious condominium offers an unparalleled blend of prestige, convenience, and investment potential. Located along Zion Road, the project enjoys direct connectivity to Havelock MRT, granting seamless access to Singapore’s expansive transport network.
With world-class amenities, exquisite architectural design, and a prime location in the highly desirable River Valley precinct, the Zion Road Condo is set to redefine modern urban living. Whether you are a discerning homebuyer seeking a prime residence or an investor looking for robust rental yields, this development presents an exceptional opportunity.
Zion Road Condo: Prime Address with Unrivalled Connectivity
Strategic Address in River Valley & Tiong Bahru
Zion Road Condo is situated in District 3, one of Singapore’s most prestigious residential enclaves. This coveted location is home to high-net-worth individuals, expatriates, and discerning homeowners who value luxury, convenience, and accessibility.
In addition to its prime River Valley location, residents will also benefit from close proximity to Tiong Bahru, a charming heritage district known for its eclectic mix of trendy cafes, artisanal bakeries, and cultural hotspots. With shopping malls, supermarkets, and lifestyle hubs such as Tiong Bahru Plaza and Tiong Bahru Market, residents enjoy both modern conveniences and a touch of nostalgia.
The development is directly connected to Havelock MRT on the Thomson-East Coast Line (TEL), ensuring swift and convenient access to key business and lifestyle hubs. Additionally, major expressways such as the Central Expressway (CTE) and Ayer Rajah Expressway (AYE) are easily accessible, providing smooth connectivity to all parts of Singapore.
The proposed mixed-use development is designed to elevate the living experience further. It will feature a harmonious blend of luxury residential flats, Serviced Apartments, and ground-floor commercial spaces. This thoughtful integration ensures that residents have access to premium retail, dining, and lifestyle options without leaving the comfort of their neighborhood. The development is poised to become a vibrant community hub, fostering social interaction and enhancing the overall quality of life.
Close Proximity Between Zion Road Condo to Orchard Road, Shenton Way & Marina Bay
Residents will be just minutes away from Orchard Road, Singapore’s premier shopping and entertainment belt, offering a vast array of luxury boutiques, Michelin-starred restaurants, and world-class entertainment venues. For professionals working in the Central Business District (CBD) and Marina Bay Financial Centre (MBFC), commuting is effortless, making this an ideal residence for executives and business owners.
Top-Tier Educational Institutions Nearby
Families with children will appreciate the proximity to elite schools such as:
- River Valley Primary School (within 1km)
- Anglo-Chinese School (Junior)
- Singapore Management University (SMU)
- International schools like ISS International and Chatsworth International School
Lifestyle Benefits Around Zion Road Condo
Unparalleled Convenience and Amenities
Living at Zion Road Condo means having everything within easy reach. Residents will enjoy unparalleled access to a wide array of amenities, including:
- Great World City – A lifestyle hub with shopping, dining, and entertainment options.
- Robertson Quay and Clarke Quay – Bustling riverside precincts known for their vibrant nightlife, fine dining, and cultural attractions.
- Zion Riverside Food Centre – A haven for food lovers, offering local culinary delights.
- Tiong Bahru Market & Plaza – A mix of traditional hawker fare and modern retail offerings.
- Botanic Gardens & Fort Canning Park – Ideal for nature lovers who appreciate green spaces in the city.
Exclusive Facilities & Architectural Excellence
Zion Road Condo offers state-of-the-art facilities, including:
- Sky gardens and infinity pools with breathtaking city views.
- Fitness and wellness amenities, including a gym, yoga deck, and spa.
- Smart home integration for enhanced convenience and security.
- Residential Services, catering to residents’ everyday needs.*
These features elevate the lifestyle experience, offering residents the perfect blend of urban luxury and tranquil retreat.
Zion Road Condo’s Investment Potential: Strong Capital Appreciation & Rental Demand in Central Region
High Rental Yield and Expat Appeal
As one of the most sought-after locations in Singapore, District 9 properties consistently command high rental demand. Zion Road Condo is poised to attract affluent expatriates, professionals, and investors looking for premium residences in a central and well-connected location.
Rental prices in the River Valley and Robertson Quay area have remained robust, with one-bedroom units commanding rental yields of 3-4%. The presence of global corporations, embassies, and financial hubs nearby further enhances the demand for high-end rental properties.
Future Growth & Capital Appreciation
Several factors contribute to the strong investment potential of Zion Road Condo:
The only integrated development directly linked to Havelock MRT: Enhanced connectivity increases property desirability and long-term appreciation.
Limited New Supply in surrounding districts: The scarcity of new developments ensures sustained demand and premium pricing.
Government Transformation Initiatives: Urban rejuvenation projects in the River Valley and Singapore River precincts will further enhance property values.
For investors, this represents a rare opportunity to acquire a high-value asset in a prime location with strong long-term returns.
Global Financial Institutions and Leading Corporations Located in CBD & Marina Bay
The Central Business District (CBD) and Marina Bay Financial Centre (MBFC) are home to numerous global financial institutions and leading corporations, reinforcing Singapore’s position as a major economic hub. Some of the prominent corporations headquartered or with a significant presence in this area include:
- Goldman Sachs & JPMorgan Chase – Global investment banking giants.
- DBS, OCBC & UOB – Singapore’s top financial institutions.
- PwC, Deloitte & McKinsey – Leading consulting and advisory firms.
- Citibank, Standard Chartered & HSBC – Major international banks with significant presence in Singapore.
- Ernst & Young (EY) & KPMG – Global accounting and professional services firms.
- Visa & Mastercard – Leading financial services and payment technology companies.
The presence of these industry leaders fosters a highly skilled workforce, attracting expatriates and top professionals, which in turn boosts the demand for premium residential properties like Zion Road Condo.
With its strategic location, excellent connectivity, and strong rental demand, the Zion Road Condo presents an exceptional investment opportunity for those looking to own a luxury residence in the heart of Singapore’s thriving urban landscape.
Elevating Urban Living: Ground-Floor Commercial Spaces at the Zion Road Condo
Zion Road Condo is set to redefine luxury living in the heart of River Valley and Zion Road, not just through its premium residential offerings but also via its thoughtfully designed ground-floor commercial spaces.
A Vibrant Street-Level Experience
The ground floor of Zion Road Condo will be a bustling center of activity, designed to cater to the diverse needs of residents and visitors alike. Shops, restaurants, gyms, fitness centers, and other recreational facilities will line the first storey, creating a dynamic and lively streetscape. These Activity-Generating Uses (AGUs) are strategically placed to enhance street-level vibrancy, ensuring that the area remains active and engaging throughout the day.
Seamless Accessibility Along Havelock Road
One of the standout features of this development is its seamless integration with the surrounding neighbourhood. The commercial spaces will be strategically positioned along the covered walkway on Havelock Road, ensuring easy accessibility for both residents and passersby. This thoughtful design not only enhances convenience but also contributes to the overall appeal of Zion Road Condo, making it a natural extension of the vibrant River Valley community.
Outdoor Refreshment Areas (ORAs): A Touch of Al Fresco Charm
Adding to the allure of the ground-floor amenities is the potential integration of Outdoor Refreshment Areas (ORAs). Subject to approval and compliance with guidelines, these ORAs will offer residents and visitors the opportunity to enjoy al fresco dining and socializing in a relaxed, open-air setting. The design of these spaces will prioritize pedestrian safety, traffic flow, and minimal dis-amenity to surrounding residents, ensuring a harmonious balance between vibrancy and livability.
A Network of Covered Walkways and Sheltered Connections
At the core of the development’s design is a network of covered walkways that ensure residents and visitors can move effortlessly through the area, rain or shine. Along Havelock Road, a covered walkway will provide direct access to Havelock MRT Station Entrance/Exit 4, as well as key transport nodes like the existing taxi stand and bus stop. This seamless integration with public transport options makes daily commutes a breeze, further enhancing the convenience of living in this luxury condo near River Valley.
Additionally, the development will feature a sheltered connection from its covered walkway to the existing linkway along Kim Seng Road. This integration ensures barrier-free access to Land Parcel B and other nearby amenities, creating a cohesive and interconnected neighborhood. Whether you’re heading to the MRT, grabbing a taxi, or exploring the vibrant surroundings, the development’s pedestrian pathways are designed to make every journey smooth and enjoyable.
Don’t miss the opportunity to be part of this exciting new chapter in River Valley’s evolution. Act now and secure your future in this iconic location.
Developer Profile: City Developments Limited (CDL) & Mitsui Fudosan
City Developments Limited (CDL) and Mitsui Fudosan are two of the most esteemed real estate developers in the world, recognized for their commitment to excellence, sustainability, and innovation. With a rich history of delivering high-quality projects, both developers bring unparalleled expertise and experience to Zion Road Condo. Their collaboration is set to redefine luxury living by combining CDL’s deep-rooted presence in Singapore’s real estate landscape with Mitsui Fudosan’s global perspective and innovative approach.
City Developments Limited (CDL) Profile
Founded in 1963, City Developments Limited (CDL) has grown to become one of Singapore’s largest and most established real estate developers. With over five decades of experience, CDL boasts a diverse portfolio spanning residential, commercial, hospitality, and integrated developments across more than 100 locations in 29 countries and regions.
CDL is a market leader in Singapore, with a strong reputation for developing iconic projects such as The St. Regis Residences, South Beach Residences, and New Futura.
Beyond luxury residential properties, CDL has also made significant strides in commercial and mixed-use developments, with landmark projects like Republic Plaza, City Square Mall, and Quayside Collection at Sentosa Cove.
A key differentiator of CDL is its unwavering commitment to sustainability and green building innovations. As an early adopter of sustainable building practices, CDL has received numerous accolades, including the Global 100 Most Sustainable Corporations in the World ranking and multiple BCA Green Mark Platinum awards for their developments. Projects such as Tree House Condominium, which holds the Guinness World Record for the largest vertical garden, underscore CDL’s leadership in environmental responsibility.
CDL’s dedication to excellence and innovation extends beyond Singapore, with successful ventures in China, Japan, the UK, Australia, and the US. Their expertise in crafting high-quality, future-proof developments makes them a trusted name among homebuyers and investors alike.
Mitsui Fudosan Profile
Founded in 1941 and headquartered in Tokyo, Japan, Mitsui Fudosan is one of Japan’s largest and most prestigious real estate companies. With a legacy spanning more than 80 years, Mitsui Fudosan has been instrumental in shaping Japan’s urban landscape, particularly in Tokyo’s Marunouchi district, one of the world’s most renowned financial hubs.
Mitsui Fudosan has a vast and diversified portfolio that includes residential, commercial, retail, hospitality, and mixed-use developments. The company is renowned for its high-quality urban regeneration projects, such as the Tokyo Midtown development, which seamlessly integrates office spaces, luxury residences, high-end retail, and cultural institutions.
Internationally, Mitsui Fudosan has established a strong presence in key global markets such as the United States, the United Kingdom, China, and Southeast Asia. In Singapore, they have collaborated on premium developments, including the award-winning Oasia Hotel Downtown and other commercial properties.
Mitsui Fudosan’s development philosophy is centered on creating vibrant, sustainable communities through smart urban planning and innovation. They emphasize long-term value creation, environmental sustainability, and high-quality design, making them an ideal partner for CDL in Zion Road Condo.
Comparing GLS Bids in River Valley and Zion Road: Trends, Developer Interest, and Market Impact
The recent Government Land Sales (GLS) tenders for sites in River Valley and Zion Road have drawn significant attention from top developers. These prime locations, known for their luxury residential appeal and strong rental demand, saw competitive bids from established players such as Wing Tai Holdings, GuocoLand, Allgreen Properties, and City Developments Limited (CDL). This article provides an in-depth comparison of the highest bids, developer strategies, and potential implications on the Singapore property market.
Overview of GLS Sites
Land Bid Comparison Table
Location | Developer | Bid Amount (S$ million) | Price per sqft (psf ppr) | Tender Closing Date | Key Insights |
---|---|---|---|---|---|
River Green (River Valley Green A) | Wing Tai Holdings | $464.0 | $1,325 | June 2024 | Strong demand for luxury residences. |
River Valley Green B | GuocoLand | $627.8 | $1,420 | Feb 2025 | Premium valuation of River Valley. |
Zion Road Parcel 1 | Allgreen Properties | $730.09 | $1,304 | July 2024 | Competitive bid for a high-connectivity mixed-use site. |
Zion Road Condo (Zion Road Parcel 2) | CDL-Mitsui Fudosan JV | $1.106 billion | $1,202 | July 2024 | Below expectations, but signals long-term confidence. |
Developer Interest and Bidding Trends
The higher bid prices in River Valley compared to Zion Road indicate a preference for pure residential projects with strong luxury demand. Developers are willing to pay a premium for sites that cater to high-net-worth individuals seeking exclusive residences.
On the other hand, Zion Road’s mixed-use potential, coupled with government initiatives to introduce long-stay serviced apartments, has led to more calculated bids. CDL and Mitsui Fudosan’s relatively lower bid suggests a long-term investment perspective rather than aggressive land acquisition.
Market Implications
- The high bids suggest developers anticipate continued demand for luxury housing.
- Future property prices in this area may see strong appreciation, particularly as supply remains limited.
- The site’s proximity to Havelock MRT and Great World City enhances its attractiveness.
- The mixed-use component may appeal to investors looking for rental yield and capital appreciation.
- The government’s pilot program for long-stay serviced apartments could influence rental market dynamics in the area.
The competitive bidding for GLS sites in River Valley and Zion Road reflects developers’ confidence in Singapore’s prime property market. While River Valley remains a high-value luxury enclave, Zion Road’s mixed-use appeal presents an opportunity for diversified investment strategies. Moving forward, these developments are expected to set new benchmarks for pricing and urban living in the city’s prime districts.
ZION ROAD CONDO
FREQUENTLY ASKED QUESTIONS
What is the monthly maintenance fees for Zion Road Condo?
Unit Type | Size (sqft) | Estimated Maintenance Fees | Total Number of Units |
---|---|---|---|
1-Bedroom | |||
1-bedroom + Study | |||
2-bedroom | |||
2-bedroom + Study | |||
3-bedroom | |||
3-bedroom Premium | |||
4-bedroom |
What are the breakdown of unit types at Zion Road Condo?
Unit Type | Size (sqft) | Total Number of Units | Estimated Maintenance Fees |
---|---|---|---|
1-Bedroom | |||
1-bedroom + Study | |||
2-bedroom | |||
2-bedroom + Study | |||
3-bedroom | |||
3-bedroom Premium | |||
4-bedroom |
What is the closest MRT Station to Zion Road Condo?
Zion Road Condo is directly linked to Havelock MRT via Thomson-East Coast Line.
What is the building height of Zion Road Condo?
Zion Road Condo will have building height of 69 storeys.
How many blocks does Zion Road Condo have?
Zion Road Condo A at Clementi Ave 1 will have 2 tower blocks.
How many parking lots does Zion Road Condo provide?
Zion Road Condo will have x Parking Lots including x EV Lots and xAccessible Lots
What is the address of Zion Road Condo?
Zion Road Condo is located at Zion Road, Singapore
Where to get floor plans for Zion Road Condo?
Zion Road Condo floor plans can be found in the Floor Plan section above.
Where can I find the Zion Road Condo site plan?
Zion Road Condo site plan can be found at the Site Plan section.
What is the Zion Road Condo project?
The Zion Road Condo is a forthcoming mixed-use development situated in Singapore’s prime District 3. The project encompasses residential units, long-stay serviced apartments, and commercial spaces on the first floor. Notably, it is part of the Government Land Sales (GLS) program, pioneering a new class of long-stay serviced apartments with a minimum stay period of three months.
Who are the developers behind the Zion Road Condo?
The developers of Zion Road Condo is a joint venture between City Developments Limited (CDL) and Mitsui Fudosan. CDL is one of Singapore’s leading property developers, renowned for its extensive portfolio of residential and commercial projects. Mitsui Fudosan, headquartered in Japan, is a prominent real estate company with a global presence, known for its expertise in mixed-use developments.
Where is the Zion Road Condo located?
The Zion Road Condo is strategically located, bounded by Zion Road, Kim Seng Road, and Havelock Road. It offers excellent connectivity, being in close proximity to Havelock MRT station, the Central Business District (CBD), Orchard Road, and major expressways, ensuring seamless access to various parts of Singapore.
What amenities are nearby Zion Road Condo?
Residents will enjoy a plethora of nearby amenities, including:
- Great World City: A comprehensive lifestyle hub offering shopping, dining, and entertainment options.
- Tiong Bahru Market: A popular destination for fresh produce and local hawker fare.
- Zion Riverside Food Centre: Known for its variety of local delicacies.
- Recreational Spots: The Singapore River and Alexandra Park Connector provide scenic routes for leisure activities.
What types of units will be available at Zion Road Condo?
The development will feature a mix of residential flats and long-stay serviced apartments. Additionally, the first floor will house commercial spaces designed for shops, restaurants, and other activity-generating uses, enhancing the vibrancy of the community.
What are the unique features of the development?
The Zion Road Condo emphasizes pedestrian connectivity with features such as covered walkways and barrier-free access to transport nodes like Havelock MRT station, bus stops, and taxi stands. The design focuses on sustainability and aims to foster vibrant street-level activity, creating a lively and eco-friendly environment for residents and visitors alike.
What is the expected demand for Zion Road Condo?
Given the rising rental demand in Singapore, the Zion Road Condo is well-positioned to attract expatriates, professionals, and high-net-worth individuals seeking quality accommodation in a prime location. The inclusion of long-stay serviced apartments addresses the growing need for flexible living arrangements, catering to those on extended stays.
What are the investment prospects for Zion Road Condo?
The development’s prime location and unique offerings suggest strong potential for high rental yields and capital appreciation. The joint venture’s bid of $1.1 billion for the site reflects confidence in its investment value, although analysts have noted that this figure is below market expectations, indicating a cautious approach in the current economic climate.
How does the Zion Road Condo fit into the government’s pilot program for long-stay serviced apartments?
The government has launched this pilot program to address the increasing rental demand by introducing a new class of long-stay serviced apartments with a minimum stay of three months. The Zion Road Condo is among the first developments to incorporate this model, aiming to provide more housing options for residents and expatriates seeking longer-term accommodations.
Why should I consider Zion Road Condo?
Zion Road Condo offers a compelling blend of prime location, excellent connectivity, and a wide array of nearby amenities. Developed by reputable firms CDL and Mitsui Fudosan, the project aligns with modern urban living trends and government initiatives, making it an attractive option for buyers, renters, and investors alike.