Centrium Square – Former Serangoon Plaza by Tong Eng Group

Centrium Square is a commercial new launch development strategically located at Serangoon Road in District 08. With expected completion in 2019, it comprises of TBA shops & offices and stands TBA storeys tall. It is situated right beside Farrer Park MRT Station. Future owners will be able to gain from the office crowd located at City Square Mall as well as the serangoon area when they are lunching or the weekend crowd for their shopping.

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Formerly Serangoon Plaza, Centrium Square has been sold en bloc to the majority stakeholder Feature Development, an associate of Tong Eng Group. Centrium Square is currently sitting on a a huge plot of land of 68,521 sqft and and have a total gross area of 205,563sqft. Investors looking for Centrium Square property in Farrer Roadto make investments might not have Geylang in their minds because the neighborhood comes with a unhealthy appeal for the sleazy discos combined with countless suspicious night-life outlets. However, a study performed by several real estate property consultants demonstrated that Geylang offers excellent long-term prospects for real estate property investment in the city state that can be very worthwhile.

Centrium Square

Several buses are available near Serangoon Road as well as Kitchener Road. Centrium Square is also near to many shopping centers and restaurants. Centrium Square is also near City Square Mall as well as Mustafa Centre, the 24 hr shopping, dining and entertainment centre in the serangoon area.

Centrium Square will be accessible with Farrer Park MRT Station and it is situated in the highly visible junction of Serangoon Road and Kitchener Road. It is also located just one MRT Stop away from Little India. Owners can expect their business to grow with the crowd from Little India as well as the office crowds stopping over for lunch or dinner during the weekdays.

For vehicle owners, Centrium Square is readily accessible as it is just at the city fringe. Moreover, it is also just a short distance from Central Expressway (CTE).

Centrium Square Former Serangoon Plaza

Centrium Square in Serangoon

A spacious high volume and strategically located commercial development awaits you at Centrium Square. Please see Centrium Square project details and floor plans for more information.

Centrium Square Tong Eng Brothers

Tong Eng Brothers originated from China in the Hui Ann District of Fujian. The company started by trading of electrolytic tin plates that are used in bottle caps. The company expanded its operations in Singapore and became the leading stockist of electrolytic tin plates in Singapore.

Serangoon Plaza Tong Eng

However, in the 1950s, the company decided to diversify into real estate in Singapore because it saw the potential in the growth of Singapore in the 1950s. Tong Eng Brothers will the first to develop a 5.5 acre industrial estate in Little Road and profit from the sale of parcels of land to oil refining companies.

Tong Eng Brothers Logo Serangoon Tong Eng Brothers Price tags of private Tong Eng Brothers Commercial New Launch in Centrium Square homes in Singapore continually cool but at a slower pace as suggested by Urban Redevelopment Authority (URA) indication for Q3 2014. Consistent with Colliers International Director plus Advisory Chia Siew Chuin, quite a few property owners are not in any critical need to dispose their very own condos as a large number of already have gained from previous real estate trades. Some might be also still handsomely on profits assuming they made their investments inside the earlier up-cycle. A great number of those who own private residential properties today have are sitting on profits resulting from robust capital gain from the previous property cycle. Rents for public flats are expected to stay compromised for the rest of the year, on the back of sluggish demand and rising supply of flats, proclaimed property analysts and announced in media. Particularly, real estate property info reveal that HDB rental index decreased 2.3 percent in 2014, reaching a three-year low in August with the rent at at a mere $2,000 per month. Real estate property experts note that this may be simply the beginning of an extended period of slowdown in the real estate market. Tong Eng Brothers tend to be the largest developer in Singapore.
In respect to real estate property specialists, High end segment Centrium Square at Farrer Park residential developments in Singapore has slipped drastically attributable to the diverse rounds of cooling actions by the authorities in an attempt to decrease property or home prices. Looking at Centrium Square Serangoon. Therefore, this could very well be a good effort for prospective property buyers to search for great deal buys in the high-end real estate property sector. The particular perspectives that today could possibly be a good opportunity to enter in the property or home industry is actually due to the fact in which the luxury segment of the current market has previously seen four continuous quarters of price decrease and that price will continue to maintain. This sounds great news when it comes to real estate property sellers, but for prospective buyers who are intending to acquire a high end real estate property, now there is a window of opportunity to buy a dream family home for Singapore.

Over the next decade, Tong Eng Brothers became heavily involved in real estate and it began building hundreds of houses and apartments to rent to the British Brothers. Throughout the years, Tong Eng Brothers continue to be heavily involved in real estate development and has developed more than 100 acres of land for residential, commercial as well as offices.

Centrium Square Tong Eng

Today, Tong Eng Brothers continue to own land in Singapore and has continued to develop its land to quality homes and commercial projects for rental and sale.

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