Long House Food Centre sold to Tee Land

Long House
Long House food centre @ upper thomson road has been sold to Tee Land for $45.2m. The all-time favourite food centre that sell local gourmet is popular among local singapore.

The current long house food centre site is classified under URA as "Commercial and Residential" site which can be build as a mixed developments with commercial shops on the lower levels and residential units on the upper level.

Thomson area has been enjoying strong public interest with land sales and enbloc since the announcement of the upcoming Thomson Line that is set to be built by 2020. As of now, the nearest MRT to Long House food centre is "Marymount MRT Station".

Nearby amenities include Thomson Plaza, Bishan Junction 8, Central Expressway, Pan Island Expressway and also other shops and dining facilities along Thomson Road.

With a transaction price of $45.2m, it translate to about $888 per sq ft per plot ratio, exclude the development charge.

Current new launches around Thomson includes

  • Three 11 (Residential): 1460 - 1860psf 
  • Thomson Three: average 13xxpsf