The Orie’s consortium made a noteworthy offer of $1,360 per square foot ppr, surpassing the second-highest bid by 18%. The latter, amounting to $819.99 million ($1,153 per square foot ppr), came from Tanglin Land, a subsidiary of CapitaLand. This achievement marks a significant milestone, as it is the first tender in Toa Payoh since Gem Residences, a nearby parcel, was developed eight years ago. With the addition of The Orie, this development is expected to progress naturally.
The Orie is also surrounded by an array of amenities, making it a self-sufficient enclave that provides everything its residents need within a stone’s throw away. The Toa Payoh HDB Hub, one of the largest integrated complexes in Singapore, is just a short stroll away from The Orie. Here, residents can find an abundance of retail shops, supermarkets, and eateries, fulfilling all their daily needs. On top of that, the town also …