Grand Tower

Grand Tower

Grand Tower was a freehold apartment development located at Moulmein Rise in District 11. This property was built in the year 1978 and comprises 28 residential units. In the year 2011, Grand Tower was sold for S$88.5 million through an en bloc deal to 27MR Pte Ltd.

Grand Tower Accessibility

The residents can quite easily get to their desired locations through various highways and roads. These routes include Thomson Road, Central Expressway (CTE), Bukit Timah Road and Pan Island Expressway (PIE). Novena MRT Station (NS20) is approximately 650m away from the Grand Tower, from where a mere four minutes’ train ride will bring the residents to the famous Orchard shopping belt. This location is also served by Newton MRT Station (DT11 NS21) and Mount Pleasant MRT Station (TE10 Thomson-East Coast Line due 2021).

Grand Tower Project Details

Grand Tower is a freehold development that housed 28 apartment units. This apartment was equipped with a beautiful swimming pool, car park, and 24-hour security system.

Schools and Education Institute

Numerous prestigious schools are within close proximity of this area, providing a better learning experience for children. These include EtonHouse International School Thomson, St. Joseph's Institution Junior, Anglo-Chinese School (Primary), Singapore Chinese Girls' School, Hong Wen School and Farrer Park Primary School.

Medical Centre and Hospitals

Grand Tower is situated right next to Health City Novena, a mega integrated medical hub. Health City Novena is estimated to be completed in the year 2030. Novena is currently one of the most well-established healthcare hubs in Singapore and is home to numerous renowned medical centres, namely the Novena Medical Centre, Mount Elizabeth Novena Hospital, Tan Tock Seng Hospital and the Thomson Medical Centre.

Shops and Shopping Malls

Luxurious shopping establishments are also a short distance from Grand Tower. Nearby shopping malls are Velocity at Novena Square, United Square Shopping Mall, City Square Mall, Zhongshan Mall and Balestier Plaza.

Restaurants and Eateries

There are numerous famous food centres located near the property. For instance, Newton Food Centre, Balestier Market Hawker Centre and Pek Kio Market & Food Centre offer many local favourite foods and international cuisines. Residents can also head to nearby eateries that serve delectable food at budget-friendly prices, such as La Ristrettos Café, Ramen Monster, Chye Kee Goldhill Roasted Chicken Rice and Ah Chew Dessert.

Recreation and Leisure Options

Residents can have their free time well-spent with family and friends by taking a walk at Toa Payoh Town Park, catching some fresh air near Zhongshan Park, having fun inside the Toa Payoh ActiveSG Sports Hall or going to SAFRA complex. For those who want to relax, they can go visit Singapore Botanic Gardens for its serene atmosphere.

Grand Tower Selling Details

Grand Tower was sold for S$88.5 million which translates to a land rate of S$1,376 per square foot. Each property unit was reported to be sold at around S$3.16 million or S$1,688 per square feet. The site was planned to redevelop into a luxury condominium development — 27 Moulmein Rise. However, it was not redeveloped after Grand Tower was demolished. In the year 2018, 27 Moulmein Rise was sold to Roxy Pacific Holding for S$106 million and the site is now beautifully converted into a contemporary development, Neu @ Novena which is expected to be complete in the year 2023. If you are interested in other properties below S$4 million, please refer to this list.