City Developments Limited (CDL), Frasers Property and Sekisui House will preview the 777-unit The Orie on Friday, Jan 3, with its official launch scheduled for Jan 18.
The private condo is located at Lorong 1 Toa Payoh, at the intersection with Lorong 4 Toa Payoh. The 777 units are spread across twin 40-storey towers. Units are a mix of one-bedroom plus study from 517 sq ft to five-bedroom apartments of 1,453 sq ft.
Units are priced from:
- $1.28 million ($2,476 psf) for a 517 sq ft one-bedroom plus study;
- $1.48 million ($2,500 psf) for a 592 sq ft two-bedroom;
- $2.09 million ($2,459 psf) for an 850 sq ft three-bedroom;
- $2.92 million ($2,401 psf) for a 1,216 sq ft four-bedroom; and
- $3.48 million ($2,395 psf) for a 1,453 sq ft five-bedroom with exclusive private lift.
The Orie marks the first new launch of a private condo since 2016, when the 578-unit Gem Residences was launched, with the project completed in 2020.
The three major property developers banded together to submit the highest bid for a Government Land Sales (GLS) site at Lorong 1 Toa Payoh. They jointly submitted a bid of $968 million, translating to a land rate of $1,360 psf per plot ratio (ppr) for the site. The joint venture is a 50:25:25 split between CDL, Frasers Property and Sekisui House.
“We are excited to usher in the New Year with the launch of The Orie, the first private residential launch in Toa Payoh in over eight years,” says Sherman Kwek, CDL’s group CEO. “Nestled in the vibrant and highly sought-after Toa Payoh estate, homebuyers will benefit from its central location and excellent connectivity.”
The Orie is a five-minute walk to Braddell MRT Station on the North-South Line (NSL). It is near the Toa Payoh Integrated Transport Hub, which connects Toa Payoh Bus Interchange to Toa Payoh MRT station. The new 12-ha integrated development and community hub is slated for completion in 2030. It will have a sports centre with swimming pools, indoor sports halls and other sports facilities, a football stadium, a polyclinic, and a public library.
The 777-unit The Orie is the first new launch in Toa Payoh in over eight years (Source: EdgeProp Landlens)
Other amenities nearby include the Toa Payoh Town Centre, HDB Hub, SAFRA Toa Payoh, Junction 8 shopping mall and MacRitchie Reservoir.
For families, schools in the neighbourhood include Pei Chun Public School, CHIJ (Toa Payoh) Primary and Secondary Schools and First Toa Payoh Primary School.
Healthcare facilities nearby include Toa Payoh Polyclinic, Tan Tock Seng Hospital, Mount Alvernia Hospital, Mount Elizabeth Novena Hospital and Thomson Medical Centre.
Situated within District 12 in the city fringe or Rest of Central Region (RCR), The Orie provides easy access to the CBD and Orchard Road shopping belt, notes Soon Su Lin, CEO of Frasers Property Singapore.
The super low energy development has over 40 condominium facilities, units with efficient layouts, quality fittings by Hansgrohe, bathroom wares by Duravit, and premium home appliances by De Dietrich and Samsung.
The Orie marks “a new partnership” between Japanese developer Sekisui House and CDL, says Takehisa Yanagi, managing officer and head of international development department, Sekisui House. However, he adds that Sekisui House and Frasers Property have collaborated on projects in Singapore for the past 13 years.
Latest transactions at Gem Residences
The 578-unit Gem Residences at Lorong 5 Toa Payoh was launched in 2016 and and completed in 2020 (Source: EdgeProp Buddy)
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