Pine Grove (Parcel B) Location – Neighbourhood & Transportation

Pine Grove (Parcel B) is an upcoming residential development nestled in the serene Ulu Pandan area, close to Clementi, in District 21 of Singapore. This prime location combines tranquil living with excellent connectivity and a plethora of amenities.

Here’s a detailed overview of what Pine Grove (Parcel B) has to offer:

Neighbourhood

Residential Enclave

Pine Grove (Parcel B) is located within a quiet and established private residential enclave. The area is surrounded by lush greenery from Clementi Forest and Dover Forest, offering a peaceful and exclusive living environment. The neighbourhood predominantly features low-rise residential developments and landed properties, making it ideal for those seeking tranquility.

Transportation

MRT Stations

Pine Grove (Parcel B) is conveniently located near several MRT stations:

• Dover MRT Station (East-West Line): Approximately 1 km away, providing easy access across Singapore.
• Clementi MRT Station (East-West Line): Also about 1 km away, with future connectivity to the Cross Island Line (CRL) by 2032.
• Buona Vista MRT Station (Circle Line): Accessible via Dover MRT, offering additional connectivity options.

Bus Services

The area is well-served by bus services along Ulu Pandan Road, ensuring convenient public transport options for residents.

Major Roads and Expressways

For drivers, the development provides excellent connectivity through major roads and expressways:

• Ayer Rajah Expressway (AYE): Offers easy access to various parts of Singapore, including the central business district and Changi Airport.
• Pan Island Expressway (PIE): Another major expressway nearby, enhancing connectivity for drivers.
• Clementi Road and Ulu Pandan Road: Major roads linking the area to other parts of Singapore.

Future Developments

Exciting future developments include a new commercial node planned beside Dover MRT station. This will feature a wide range of commercial and recreational amenities, shops, and F&B outlets, further enhancing convenience for residents.

Pine Grove (Parcel B) Nearby Amenities

Shopping and Dining

The Clementi Mall Just a short 10-minute drive away, The Clementi Mall offers residents a multitude of retail outlets, dining options, and essential services. Key amenities include FairPrice Finest, Singapore Post, Clementi Public Library, banks, and a clinic.

Grantral Mall @ Clementi Another nearby shopping destination, Grantral Mall @ Clementi, provides additional retail and dining options, enhancing convenience for Pine Grove (Parcel B) residents.

Clementi Avenue 2 Market & Food Centre A local market offering fresh produce and a variety of local food options, located a short drive away.

Holland Village A mere 5-minute drive from Pine Grove (Parcel B), Holland Village is renowned for its vibrant dining and nightlife scene. Popular spots include cafes, bakeries, bars, pubs, and several malls such as Raffles Holland V, Holland Road Shopping Centre, and Holland Piazza.

Sunset Way Located approximately 6 minutes away by car, Sunset Way boasts an array of dining choices, from seafood restaurants to coffee roasters and gelato ice cream shops.

Educational Institutions

Primary Schools within 1 km:

• Pei Tong Primary School
• Henry Park Primary School

Primary Schools within 2 km:

• Methodist Girls’ School (Primary)
• Nan Hua Primary School
• Clementi Primary School

Secondary and Tertiary Institutions:

• Nan Hua High School
• New Town Secondary School
• NUS High School of Math and Science
• School of Science and Technology, Singapore
• Singapore Polytechnic
• Ngee Ann Polytechnic
• National University of Singapore (NUS)

International Schools:

• Integrated International School
• Dover Court International School

Recreational Facilities

Ulu Pandan Park Connector A popular trail for running and cycling along the serene Ulu Pandan Canal, connecting to Pandan Reservoir and the upcoming Jurong Lakeside District.

Clementi Woods Park and Clementi Forest Nearby green spaces offering opportunities for outdoor activities and relaxation.

Clementi Sports Hall and Clementi Swimming Complex Facilities for various sports and recreational activities located nearby.

Clementi Nature Trail An upcoming trail running along Ulu Pandan Park Connector and connecting back to the Rail Corridor, providing more recreational options for residents.

Healthcare Facilities

Clementi Polyclinic Located in Clementi Central, this facility ensures residents have access to a variety of medical services.

Nearby Clinics Several clinics in the vicinity guarantee essential healthcare services are readily available for residents.

Future Developments

Commercial Node at Dover MRT Station A new commercial node is planned beside Dover MRT Station. This development includes a wide range of commercial and recreational amenities, shops, and F&B outlets, further enhancing convenience for Pine Grove (Parcel B) residents.

By choosing Pine Grove (Parcel B), residents will enjoy a well-rounded lifestyle with easy access to shopping, dining, education, recreation, healthcare, and future developments. This strategic location in the Ulu Pandan area near Clementi provides a perfect blend of convenience and vibrancy.

Pine Grove (Parcel B) is a highly anticipated residential development located in the serene Ulu Pandan area, near Clementi in District 21 of Singapore. This new project promises to deliver an exceptional living experience, combining modern design with a strategic location.

Floor Plans

Unit Types and Layouts

Pine Grove (Parcel B) is set to offer approximately 565 residential units. The development will feature a diverse range of unit types to suit various lifestyles and preferences. Although specific details on the exact layouts and sizes of the units are not yet available, the variety ensures there is something for everyone, from singles and couples to growing families.

Design and Features

The units at Pine Grove (Parcel B) are meticulously designed to maximize space utilization and provide a comfortable living environment. Each unit will feature modern aesthetics and practical layouts, ensuring that residents can enjoy both style and functionality.

Site Plan

The site plan for Pine Grove (Parcel B) will highlight the thoughtful planning and strategic placement of amenities within the development. While detailed site plans are currently pending release, prospective residents can look forward to:

• Lush Landscapes: Beautifully landscaped gardens and green spaces that create a tranquil environment.
• Comprehensive Amenities: A range of facilities designed for relaxation, fitness, and social gatherings, enhancing the overall living experience.
• Accessibility: Proximity to essential services, schools, and public transport options, making daily commutes and errands convenient.

Prime Location Benefits

Living in Pine Grove (Parcel B) means enjoying the best of both worlds: a peaceful residential setting and easy access to urban conveniences. The Ulu Pandan area is renowned for its greenery and serene surroundings, while being just a short drive away from bustling hubs like Clementi.

Pine Grove (Parcel B) is more than just a place to live; it’s a community designed to enrich your lifestyle. With its array of unit types, modern designs, and strategic location, this development stands out as an excellent choice for those seeking a new home in District 21. Stay tuned for more updates on floor plans and site details as they become available.

Price Insights

Estimated Future Average Selling Price

The projected average selling price for Pine Grove (Parcel B) is anticipated to be between $2,300 and $2,400 per square foot (psf). This range positions it competitively within the current market.

Site Acquisition Costs

• Highest Bid: The joint venture of Sinarmas Land and MCL Land secured the highest bid at $692.388 million, equating to $1,223 psf per plot ratio (psf ppr).
• Comparative Analysis: This bid is notably 7% lower than the adjacent Parcel A, which fetched $1,318 psf ppr from UOL in June 2022. Parcel A, now Pinetree Hill, launched in July 2023 and achieved a median price of $2,360 psf in its first month, selling 29% of its units.

Market Context

Developer Confidence

The tender for Pine Grove (Parcel B) attracted three bids, reflecting cautious optimism in the private residential market. Developers favor sites with excellent connectivity and access to amenities, which Pine Grove (Parcel B) offers abundantly.

Historical Price Trends

• Nearby Clementi Avenue 1 saw a top bid of $1,250 psf ppr and is slated to launch at $2,300 psf.
• Clavon in Clementi launched in December 2020 with a median price of $1,637 psf, and prices later exceeded $1,700 psf by September 2022.

Investment Potential

Strategic Location and Amenities

Pine Grove (Parcel B) benefits from its green surroundings and peaceful environment. Proximity to reputable schools, shopping centers, and recreational facilities further enhances its attractiveness.

Future Connectivity Enhancements

The planned extension of the Clementi MRT to the Cross Island Line (CRL) by 2032 is expected to significantly boost property values in the area. This upcoming infrastructure improvement underscores the long-term investment potential of Pine Grove (Parcel B).

Pine Grove (Parcel B): Premium Living Redefined

Developed by Industry Leaders

Pine Grove (Parcel B) is the brainchild of Golden Ray Edge 3 Pte. Ltd., a joint venture between MCL Land and Sinarmas Land. This collaboration brings together decades of expertise and a commitment to excellence, promising a residential development that stands out in Singapore’s competitive real estate market.

MCL Land: Excellence in Residential Developments

Company Overview

With over 50 years of experience, MCL Land is a premier real estate developer known for creating superior residential projects in Singapore and Malaysia. As a member of the Jardine Matheson Group, under Hongkong Land Holdings, MCL Land has a significant presence in key Asian cities.

Reputation and Awards

MCL Land is celebrated for its dedication to delivering quality homes that surpass customer expectations. The company has been recognized with numerous awards, including the Asia Pacific Property Awards 2021 for Best Residential High-Rise Development Apartment and Condominium.

Notable Projects

• Hallmark Residences: Located in District 10, this development is close to Stevens MRT station and Orchard Road, as well as prestigious schools like Anglo-Chinese High School and Raffles Girls Secondary School.
• Leedon Green: Situated at Leedon Heights in District 10, near Farrer Road MRT Station, and amenities including The Star Vista and Holland Shopping Centre.
• Other notable projects include The Estuary, Este Villa, Terrasse, Ripple Bay, J Gateway, LakeVille, Sol Acres, Lake Grande, Margaret Ville, and Parc Esta.

Sinarmas Land: Pioneers in Large-Scale Integrated Developments

Company Overview

Sinarmas Land is one of Indonesia’s largest property developers, renowned for its diverse portfolio of residential, commercial, and mixed-use projects. Their flagship project, BSD City, exemplifies their commitment to sustainability and digital integration.

Reputation and Awards

Sinarmas Land has earned a strong reputation for innovative and sustainable township developments. Their projects have garnered numerous accolades for their forward-thinking designs and sustainable practices.

Notable Projects

• BSD City: A benchmark for smart city concepts in Indonesia, featuring residential, commercial zones, and sustainable practices such as solar panels and autonomous electric vehicles.
• Other significant projects include Banjar Wijaya Park, The Elements, Southgate, Apartment Aerium, Kota Wisata, Legenda Wisata, Grand Wisata, Kota Deltamas, Wisata Bukit Mas, Klaska Residence, Nuvasa Bay, and Grand City Balikpapan.

Golden Ray Edge 3 Pte. Ltd.: A Strategic Joint Venture

Project Details

Golden Ray Edge 3 Pte. Ltd. secured Pine Grove (Parcel B) with a bid of $692.388 million, equating to $1,223 psf per plot ratio (psf ppr). The development will feature three 24-storey towers with 552 meticulously designed apartment units. Residents can expect high-end fixtures and fittings that epitomize luxury living.

Strategic Vision

The collaboration between MCL Land and Sinarmas Land aims to blend MCL Land’s expertise in crafting high-quality residential projects with Sinarmas Land’s prowess in developing large-scale integrated communities. The result is a luxurious and sustainable living environment enriched with modern amenities and abundant green spaces.

A Premium Living Experience Awaits

Pine Grove (Parcel B) promises to deliver an unparalleled living experience with its thoughtfully designed units and comprehensive amenities. Backed by the reputable track records of MCL Land and Sinarmas Land, residents can look forward to a premium lifestyle that prioritizes quality, innovation, and sustainability.

Explore the future of luxurious living at Pine Grove (Parcel B), where every detail is crafted to exceed your expectations.