Kandis Residence is located in the Northern Part of Singapore and is located on Sembawang Road. The Urban Redevelopment Authority of Singapore (URA) had sold off a residential site in the area of Jalan Kandis, Simpang Sembawang which was a part of Government Land Sales (GLS) in 2ndquarter of year 2016. The property is developed by Tuan Sing Holdings and is said to have around 140 residential holdings. The units would be a mix of 1 bedroom apartment to 3 bedroom penthouse apartment. The land on which property will be developed on an area of approximately 7045.6 square meters and the permissible gross floor area would be approximately about 9864 square meter. Tuan Sing Holding’s wholly owned subsidiary Dilenia Land Pte Ltd has been given the tender for 99-year leasehold residential land area at the price of $51.07 million.
Tuan Sing Holdings Limited is listed on Singapore Stock Exchange’s Mainboard in 1973. It was created in 1969 and was named as “Hytex Limited”. It adopted its present name in 1983. The company has main interests in property development, property investment and resort ownership. The company has its headquarters in Singapore and has more than 60 associates and subsidiaries.