Tuan Sing Holdings Limited, the investment holding company responsible for Kandis Residence, invests in a myriad of business opportunities such as technologies, industrial services, and hotels as well as residential properties.
With a vision of “creating a clear distinction,” the company has had roots from way back since 1969 when it was first incorporated as Hytex Limited. Back then, the company focused on the manufacturing of polypropylene bags but was then renamed to Tuan Sing Holdings in 1983, when it was reconstituted as a dedicated investment holding company. Since then, the company has grown by taking in other companies, gaining a mass of assets, and winning awards and certifications.
Only the best should be expected from the company when it comes to a property with Tuan Sing Holdings. They own property in Singapore for a variety of residential, commercial, and industrial uses. In 2015, the company was ranked 10th out of 639 listed companies in the Singapore Governance and Transparency Index 2015. In 2016, it moved up to 7th.
Another nearby condo building is The Shoreline Residences II. Completed in 2012, the residential building has 5-bedroom and 6-bedroom type units for this 99-year tenured building. The financial success of this building is also comparable to the Straits Gardens with an average transaction price of around S$1,900 psf. If the success of the nearby developments will be any indication of the future of the Kandis Residence, then it is a sign of positivity. These prices will only go up in the next few years with the progress of the surrounding area.
Firstly, the condo will be providing additional residential options for the citizens of Singapore. Furthermore, the Kandis Residence will be providing more accommodations for people who might be working in the Kandis Residence Sembawang area for a shorter commute.
Aside from benefitting the residents, the Kandis Residence Condo will also be benefitting the government in a major way. By adding another residential building in the heart of Sembawang, Tuan Sings Holdings shortens the bridge between the citizens’ homes and their places of work.
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As exemplified by Singapore itself, the Sembawang area is on a path of progress and economic success.
With the guidance of the government’s master plan and the addition of several amenities and facilities, the Kandis Residence will soon be a part of the area’s skyline. With an estimated completion date of 2021, the time to invest will go by quickly for this 7-storey condo building.
If interested in the project, do not hesitate to reach out and call now for the price list. The Sembawang area will definitely flourish in the coming years, and the Kandis Residence will surely contribute to its overall success.