Optima@Tanah Merah to be launched by end-July

SINGAPORE : Property developer TID will hold a preview of its newest condominium project - Optima@Tanah Merah - before the end of this month.

Located next to the Tanah Merah MRT Interchange along New Upper Changi Road, commuters will be able to get to the city centre by train in less than 20 minutes and to Changi International Airport in about 6 minutes.

The 99-year leasehold development has 297 units that feature one-bedroom studio apartments, 2- to 4-bedroom units plus 18 penthouses which come with open balconies and terraces.

TID is a joint venture between Japan's largest listed developer, Mitsui Fudosan, and Hong Leong Group Singapore.

Its portfolio includes projects such as the St Regis Hotel and Residences, Parc Emily, Oceanfront on Sentosa, as well as The Gale, which was launched recently.

Hong Leong said interest in Optima is already building up, with over 1,000 enquiries received over the past two months.

The project is expected to receive its Temporary Occupation Permit (TOP) by 2014.

Source: Channel News Asia, 23 July 2009