Glendale Park Masterplan Update

 

Just received the 20th AGM booklet for Glendale Park. Total funds including Sinking Fund has increased to $4.788mil. Council is mindful in working within the yearly budget and Sinking Fund has been increasing annually. Quite a respectable feat for a 20 years old development.

The Midwood that is going to TOP in 2024 is a 99 years leasehold development currently transacting at 1.6k-1.7k psf, more importantly it has a plot ratio of 2.8x(Kingford Hillview Peak which is a recent 99 years leasehold development also has a plot ratio of 2.8x) compared to Glendale which only has a plot ratio of 1.92x. I am hopeful that a plot ratio revision can happen in the future.

Besides the mrt, Hillv2 mall and the Rail Mall that are all walking distance from Glendale, the National Service Hub will be TOPed in 2023. This mega development will be connected to Cashew mrt which is one stop away from Hillview station.

The NS Hub may well become a go-to spot for national servicemen to relax with their family and friends. It will feature a wide range of amenities that are open to the public. These include a food court, a childcare center and an outdoor community area with a running track and football field. For those into live entertainment, the NS Hub will also house the Power 98 Love Songs and 88.3JIA radio stations where visitors can catch their favourite radio DJs live on air. There will also be studios for the public to catch performances.

This development is huge, it occupies an area the size of nine football fields. It caters to all your NS needs. I foresee more activity for this region in the future. More information on this here.