Archive for the ‘Launches’ Category

Current and upcoming cluster housing projects

September 9, 2007

Bungalows in Hua Guan Avenue

What: Six freehold bungalows, of which one has been sold.

Size: Units range from 4,200 sq ft to 4,500 sq ft.

Price: About $1,280 per sq ft (psf) of built-up area, or $5.4 million onwards.

Features: Each bungalow comes with individual swimming pools and two basement carpark lots.

Developer: A boutique developer/contractor

Dunsfold 18 in Dunsfold Drive

What:18 freehold bungalows, of which seven are unsold.

Size: Units range from 4,155 sq ft to 4,499 sq ft.

Price: $780 psf of built-up area, or $3 million onwards.

Features: Each bungalow is two storeys high and comes with five bedrooms, an attic, a basement, two basement carpark lots and a private pool.

Developer: Fortune Land

Siglap 33 at Siglap Hill

What: Six freehold cluster bungalows.

Size: Units range from 3,498 sq ft to 4,284 sq ft.

Launch/price: Launch date and pricing still unknown.

Westmont in West Coast Road

What: Nine terrace houses and two semi-detached houses, all freehold.

Size: The terraces range in size from 2,820 sq ft to 3,498 sq ft, while the semi-detached houses range from 2,949 sq ft to 3,079 sq ft.

Features: Facilities include a pool, private jacuzzi and barbecue areas. The units are three storeys high and come with four bedrooms, an attic and a basement.

Developer: Macly

Dalla Vale in Springleaf Avenue

What: 60 units of semi-detached houses. Thirty-six units were released in the first two phases, half of which have been sold. Phase 3 will be released when 70 per cent to 80 per cent of the first two phases have been sold.

Size: Units range from 3,218 to 3,261 sq ft.

Price: Phase 1 houses are priced at $2.1 million, while houses released in phase 2 are priced between $2.2 million and $2.3 million, depending on the direction the unit faces.

Features: Each unit has five bedrooms and comes with two basement carparks. Other facilities include a jacuzzi, a clubhouse, swimming pools and a gym.

Developer: Far East Organization

Lornie 18 at 14 Lornie Road

What: 18 freehold bungalows

Size: Units range from 4,392 sq ft to 4,930 sq ft.

Price: Priced between $5 million and $5.5 million. As at July 31, three had been sold of which two were sold in July for $1,150 psf.

Features: Facilities include 36 private basement carparks, a children’s pool and swimming pool and barbecue areas.

Expected temporary occupation permit (TOP) date: Dec 31, 2009

Developer: Clydesbuilt Group

Hillcrest Villas in Hillcrest Road/ Dunearn Road

What:168 strata terrace houses, 99-year leasehold.

Size: Each unit is about 3,100 sq ft.

Price: Has not been determined, but the houses are expected to be released for sale in a few weeks’ time.

Features: The two-storey houses come with five bedrooms, an attic, a basement and private carpark lots.

Communal facilities: Swimming pools, a clubhouse, a gym, and a lounge.

Expected TOP date: June 30, 2011

Developer: MCL Land

Illoura in Old Holland Road, behind Tessarina

What: 28 freehold semi-detached houses.

Size: Units are about 4,000 sq ft.

Price: Prices believed to be upwards of $4.5 million each. Six were sold in July for $970 to $1,175 psf of built-up area.

Developer: Brisbane Properties

Kings’ 8 in Kings Road

What: Eight freehold detached houses.

Size: Units range from 4,898 sq ft to 5,414 sq ft.

Price: Starts at $5.25 million.

Features: Each two-storey house comes with an attic, two private basement carparks and its own private pool.

Source : Sunday Times – 9 Sept 2007

Ritz-Carlton Residences in S’pore a first in Asia

September 4, 2007

Well-heeled fans of the Ritz-Carlton’s luxury accommodation will soon be able to buy homes in Singapore that come stamped with the five-star hotel brand.

Asia’s first Ritz-Carlton Residences will be launched for sale in Singapore late next month, with 56 apartment units and two penthouses up for grabs.

The 36-storey tower will be built in Cairnhill Road on the former Horizon View site, and will be completed by early 2010.

Residents will enjoy a 24-hour concierge service, housekeeping and sommelier service. All the staff will be trained and managed by Ritz-Carlton.

While the apartment prices have not yet been finalised, Ritz-Carlton’s vice-president of international hotel development, Shawn Hill, said the hotel’s branded apartments usually fetch up to 50 per cent more than comparable non-branded homes.

“Typically, comparing against non-branded residential properties, we see a 20 to 50 per cent premium over the highest-end homes in each market,” he told The Straits Times.

There are currently 32 other Ritz-Carlton Residences around the world, including in New York, Boston, Hawaii and the Bahamas. Similar projects are in the pipeline in Europe and the Middle East, Hill said.

In Asia, Singapore was chosen for the residences’ debut over cities such as Kuala Lumpur and Tokyo, where Ritz-Carlton has service apartments.

“We chose Singapore because we consider it to be a pace-setter in the region, and it’s a highly sought-after city to live in,” explained Hill.

“Singapore, as a city, has some of its own branding and a very strong international appeal. It represents a high quality of living as well as stability.”

But the group is also looking at building more of such homes in other “gateway cities” in Asia, including Hong Kong, Shanghai, Tokyo, Ho Chi Minh City and Jakarta, Hill added.

The Singapore project is a partnership between Ritz-Carlton and Hayden Properties–a 50:50 joint venture between real estate firm KOP Capital and Emirates Investment Group unit Emirates Tarian Capital.

Hayden, which was set up last October, is also the developer behind the luxury project at 37 Scotts Road that boasts a garage in every apartment.

The Ritz-Carlton Residences in Singapore will offer units in three sizes. The three-bedroom units will be 2,800 sq ft while the four-bedders will be 3,100 sq ft and the penthouses will weigh in at more than 5,000 sq ft.

Each unit will have designer fittings and appliances. The property will also have a lap pool, library, wine cellar, and a kitchen and entertainment area managed by the Ritz-Carlton.

Monthly maintenance fees for the apartments may add up to between S$2,000 (US$1,314) and S$3,000 ($1,971), said Ong Chih Ching, Hayden’s founder and lead director.

She said the trend of hotel-branded residences is set to grow in Asia, as homebuyers become more affluent.

“Apart from the luxurious hardware that you will see in buildings, the other thing that buyers will look for is service. A lot of the hotel chains have good reputations for their service.”

Other hotel-branded residences in Singapore include Four Seasons Park and St Regis Residences.

Ku Swee Yong, director of marketing and business development at Savills Singapore, agreed that more co-branded apartments will emerge, and not just involving hotels.

“The co-branding trend includes architects, designers, fashion labels such as Armani and Versace, and these will put Singapore on the world map.”

He expects foreigners to make up most of the buyers of the Ritz-Carlton apartments. These could “definitely fetch a minimum” of S$4,000 ($2,628) per sq ft, which is at least 20 per cent more than current prices in Cairnhill, he said.

Highlights of Ritz-Carlton Residences:

- Ritz-Carlton Residences in Singapore will offer 56 apartment units and two penthouses.

- The 36-storey tower in Cairnhill will be completed by early 2010.

- Residents will enjoy a 24-hour concierge service, housekeeping and sommelier service.

- Similar projects are in the pipeline in Europe and the Middle East.

- The group is also eyeing other ‘gateway cities’ in Asia such as Hong Kong, Shanghai, Tokyo, Ho Chi Minh City and Jakarta. 

Source : Straits Times – 4 Sept 2007

The Orange Grove

August 26, 2007

The Orange GroveThe Orange Grove, a home that stands the test of time in every way. Located within the prestigious enclave of Orange Grove Road, The Orange Grove has an address that commands only the best, and stands out as a beacon of luxury and allure. 

The Orange Grove is designed to take full advantage of its natural surroundings. From this unrivalled vantage point, savour spectacular views of both the city skyline as well as the neighbouring lush greenery.  

With just 72 apartments, enjoy an uncommon exclusivity at The Orange Grove. Take your pick from a collection of 3 and 4-bedroom apartments as well as uber-luxurious penthouses, all designed to meet your demanding tastes.  

A glittering lounge pool beckons as you arrive home, promising a moment of tranquility before more serious action at the lap pool. The clubhouse, a striking glass box overlooking the pool, houses the gymnasium as well. The family is not forgotten; a children’s pool, jacuzzi pool, BBQ pits and a pool deck for private functions, lavishly equipped for your every need! 

At The Orange Grove, you are in a position to make the most of life. Just a 1-minute drive away is Orchard Road, Singapore’s premier shopping, dining and entertainment belt, and the epicentre of all that is hip and happening. Constantly reinventing itself, this retail therapy heaven promises to excite even the most seasoned of shoppers.  

The Orange Grove is also in close proximity to prestigious schools like Anglo Chinese Primary School, Singapore Chinese Girls’ School, Raffles Girls’ Secondary School and St Joseph’s Institution.  

Location: Orange Grove Road (District 10)
Total Units: 72
Expected Completion: 1 May 2010
Unit Types:
3BR ~ 2153-2777sqft
4BR ~ 2691-3488sqft
Penthouses
 ~ 3789-5490sqft

Expected Price: $2800-3300psf (Normal & Deferred Payment Schemes)

Email lushhome@gmail.com for special preview invitations.

Latitude @ Jalan Mutiara

August 19, 2007

LatitudeLatitude – A tranquil abode within the dynamics of the city. Setting you free from the intensity of urban living and standing on over 125,000 square feet of land off River Valley Road, Latitude offers a world of unparalleled comfort and unmatched refinement.  

A coveted premium address 

Latitude is located in one of the city’s most exclusive residential enclave – District 10 at Jalan Mutiara off River Valley Road. Its luxurious apartments are within the neighbourhood of Orchard Road’s finest dining, shopping and entertainment venues while the Central Business District is also less than 10 minutes drive away. 

Location: Jalan Mutiara (District 10)
Tenure: Freehold
Expected TOP Date: 2011
Site Area: 125,000sqft
Total Units: 127 in one 22-storey tower and two 23-storey towers

Unit Types:
2BR ~ 1,324sqft
3BR ~ 1,615 & 1,927sqft
4BR ~ 2,680sqft
Penthouse ~ 5,317sqft 

Facilities:
Clubhouse
Feature pond
Gymnasium
Swimming pool
Jacuzzi
Children’s pool
Children’s playground
Tennis court
Fitness area
BBQ area
Reflecting pool

Where true luxury is leisure 

Latitude offers you a myriad of leisure opportunities that help you rejuvenate and revive your senses. 

Inspired by the fluidity of organic forms and shapes, the landscape invites you to come in and relax within its continuous, smooth flowing design. Whether it’s the well-equipped gym, tennis court or steam room, you will find yourself spoilt for choice for your workout of the day, just as you will find the temptation of the crystal clear waters of the 50-metre swimming pool or the Jacuzzi, truly hard to resist. 

Email lushhome@gmail.com for special preview invitation.

Soleil @ Sinaran condo 80% sold

August 17, 2007

FRASERS Centrepoint has sold 80 per cent of its Soleil @ Sinaran condo near Novena MRT Station at an average price of nearly $1,500 psf, with 173 units sold at yesterday’s soft launch, following last week’s staff and VIP preview when 156 units were sold.

The 99-year leasehold condo seems to have attracted predominantly Singaporeans and permanent residents, according to Frasers Centrepoint Homes chief operating officer Cheang Kok Kheong.

Buyers included a mix of investors as well as likely owner occupiers, drawn by the project’s location and its proximity to the Orchard Road belt, he added. There was a buyer who purchased an entire floor of seven apartments, Mr Cheang revealed.

‘Those who’re buying properties are basically looking at a long-term investment and the real economy here is still doing well,’ Mr Cheang said in explaining why the US sub-prime woes and global stock market rout seem to have had little impact on Soleil buyers.

Soleil @ Sinaran comprises two 36-storey blocks. Apartments come with one, two, three and four bedrooms. Frasers Centrepoint will release the project’s four penthouses – each with five bedrooms – at today’s official launch. Their prices start from $8.5 million.

Source : Business Times – 17 Aug 2007

Helios Residences @ Cairnhill Circle

August 16, 2007

Helios ResidencesHelios Residences, boast a one-of-its-kind luxurious living comprising 140 freehold apartments. Cradled amongst lush vines in the development, complimenting the greenery in the prime and established Cairnhill enclave, you’ll find a sanctuary of bliss relaxing in the very 1st and unique Tree Top Recreation Deck that soars 4 levels above ground, hosting a series of amenities in the Entertainment Wing, Wellness Wing, Family Wing and Children’s Wing. And more……, you may stroll down towards the Garden Wing to explore the undulating ground of activities that keep your guests and family sure footedly occupied. Such a brilliant extension to your spaces at home!  

Location: Cairnhill Circle (District 9)
Tenure: FreeholdSite area: 79,679sqft
Expected TOP: Dec 2011
Total units: 140 (2 towers of 20 storey apartments) 

Unit types:
2/2+study ~ 1,281-1,313sqft
3BR ~ 1,668-1,916sqft
4BR ~ 2,002sqft
Penthouse ~ 3,918-4,564sqft 

Facilities:
Elevated lap pool
Jacuzzi pools
Sun deck
Recreation deck lift
Changing and shower rooms
Steam room
Sauna room
Gymnasium
Relaxation foyer / waiting bay
Private dining cum games lounge
Alfesco theatre cum leisure lounge
Children’s interactive lounge
Indoor fun pool with trellis rain curtain feature
Indoor playground area
Party pad
Tennis court
BBQ area
Multi-purpose room
Therapeutic garden
Water walls &reflective pools
Bubble ponds
Sculpture court 

The Ultimate Urban Living Experience

With close proximity to Singapore’s prime retail and entertainment hub, Helios Residences is also just a mere stroll to Orchard Road. With its’ revamp and several new shopping malls on the way, you will certainly feel the exciting pulse of all the shopping pleasures at Orchard! 

Preview by appointment only, email lushhome@gmail.com for more information.

Hilltops @ Cairnhill Circle

August 16, 2007

HilltopsAs its name describes, the 20-storey Hilltops is situated on the highest point of Cairnhill, standing at 131 metres above sea level. From this commanding vantage point, the development overlooks the surrounding Orchard Road and Cairnhill areas – literally just “down the hill.” Spread over some 1.1 hectares (117,000 sq ft) of prime freehold land, Hilltops occupies almost the entire land area of Cairnhill Circle, an exclusive and quiet residential enclave nestled at the top of Cairnhill and tucked away from surrounding roads. 

Natural elements of sculptured rock, textured glass and bronze amidst cascading waterfalls and lush gardens provide a serene and unique contemporary respite for urban living. Augmenting the spacious and landscaped grounds below are three sky terraces, up to 72 metres long, which together add an extra 25,000 sq ft of breathing space, or equivalent to over 5 basketball courts. With such an extensive landscaped estate residents will be spoilt for choice in picking their favourite corner. 

Hilltops will comprise 240 elegant units in two 20-storey blocks and an exclusive adjacent 14-storey block. With a total of three penthouses and one super penthouse, the four ultra luxurious penthouses occupy the top floor of the two tallest blocks, each with a private pool on the roof terrace. Most units at Hilltops will have three or four bedrooms, with an average size of 1,600 to 3,000 sq ft of pure living space, although two and five bedroom units will also be available.  

Location: Cairnhill Circle (District 9)
Tenure: Freehold
Expected TOP Date: 2011
Total Units: 240 in two 20-storey towers and one 14-storey tower
Unit Types: 2/3/4/5-Bedrooms & Penthouses 
 

The resort-style ambience will be extended to the interiors. Built to pamper, Hilltops will exude an unprecedented sense of understated luxury that sets it apart from other luxury apartments in Singapore. 

Hilltops will be the first luxury development in Singapore to have a resort-style steam spa room in every apartment. The spa experience has become a regular part of the lifestyle of high-end buyers. Hilltops offers this luxurious indulgence as a standard feature to complement the overall resort atmosphere and provide the complete luxury experience for the residents. Other unique and lavish design touches include ultra-spacious wardrobes and stylish island kitchens with steam ovens.  

Setting a new standard in penthouse living, an elegant and ultra-spacious, six-bedroom Super-Penthouse epitomizes a new benchmark for luxury. With an expansive area of some 11,000 sq ft, the internal living area is luxuriously spread on just one single floor. To further add to the exclusivity and luxury of the Super-Penthouse, a dedicated private lift from the ground floor directly to the Super-Penthouse will be provided solely for the Super-Penthouse owner – a rare feature, even in the most well-designed of Super-Penthouses in the world. 

With its luxuriant open space and location on the highest point of Cairnhill, Hilltops is expected to set another benchmark in luxury living in the high-end luxury residential market. To be able to enjoy serenity and ambience of a luxurious resort within walking distance from the heart of Orchard Road – this is something few developments are able to offer. 

Email lushhome@gmail.com to register your interest.

Soleil @ Sinaran condo units 37% sold

August 15, 2007

FRASERS Centrepoint says it has sold 37 per cent of the 417-unit condo, Soleil @ Sinaran near Novena MRT Station, at staff and VIP previews last week.

The average price for the 99-year leasehold project is understood to be somewhere in the $1,400 psf to $1,500 psf range.

Frasers Centrepoint declined to comment on the pricing yesterday, ahead of a soft launch tomorrow for those who have indicated interest in the project.

BT understands the project is being marketed by Savills Singapore and Knight Frank.

The condo has two 36-storey blocks including units with one, two, three and four bedrooms. Some of the two-bedders come with lofts.

The project’s four penthouses will each have five bedrooms.

‘Soleil @ Sinaran will feature a flagship partnership with Aramsa Spas under which residents will be able to enjoy private spa treatments at their doorstep,’ Frasers Centrepoint announced.

The condos, designed by Architects 61, will feature spa cabanas as well as entertainment pavilions where parties can be held in a poolside setting.

The entire 20th floor will be dedicated to a sky terrace with an outdoor and indoor gym and a sky garden.

Soleil is being developed on a site that Frasers Centrepoint clinched at a state tender that closed in July last year.

Its top bid of $238 million worked out to a unit land price of $507 per square foot of potential gross floor area.

Source : Business Times – 15 Aug 2007

HK’s Hillcrest Capital makes foray into S’pore

August 14, 2007

HONG KONG-BASED property developer Hillcrest Capital will make its maiden move into Singapore with 21 Anderson, a luxury residential development on Anderson Road.

The project, which is expected to be launched early next month, will have 34 units spread over 10 floors.

‘We are very bullish on the property market in Singapore,’ Hillcrest’s managing director Lyon Lau told BT.

The company bought the Anderson Road site in February this year from Habitat Properties for about $112 million. This is thought to have worked out to $1,519 per square foot (psf) based on a total strata area of about 73,710 square feet.

In an unusual move, Hillcrest decided not to tear down the old apartment block on the site.

Instead, it is keeping the main structure but changing the building’s facade, layout and interior design and increasing the floor area. This means it can have 21 Anderson ready for occupation as soon as mid-2008.

Usually, developers take two or three years to demolish and rebuild a project.

‘We will have a time-to-market advantage,’ Mr Lau said.

He expects the project to attract interest from people who have sold their homes in collective sales and need replacement properties quickly.

Prices at 21 Anderson will be ‘competitive’, Mr Lau said. Units could go for about $3,000 psf, BT understands.

Hillcrest is looking for other projects in Singapore – residential developments in the prime districts and commercial buildings.

At 21 Anderson – designed by local firm Eco.id Architects and Design Consultancy – each unit will have its own balcony and lift and will be equipped with designer furnishing and appliances.

Source : Business Times – 14 Aug 2007

The Parc: West Coast condo sold out in less than two weeks

August 13, 2007

All 659 units of The Parc Condominium in West Coast Walk have been snapped up in less than a fortnight since the start of the month.

Prices for the freehold 24-storey condominium went as high as $1,040 per sq ft (psf) for several coveted high-floor units.

Overall, the apartments were sold at $880 psf on average, having risen from an average of about $820 psf at the start of sales.

Collective sale sellers of the former Westpeak condominium, on whose site The Parc now stands, got the first bite of the cherry on July 31. Other buyers joined in later.

The last unit was taken up by 6pm on Saturday, after which sales staff of the condominium’s sole marketing agent, Savills Singapore, threw a celebratory party at the show-flat.

The most common type of unit are three-bedders, ranging from 1,216 to 1,302 sq ft. There are 282 of them, or nearly 43 per cent of all homes. The condominium also has apartments as small as 667 sq ft and three penthouses at about 3,681 sq ft each in size.

Buyers were mostly Singaporeans, with foreigners making up less than 20 per cent of the purchasers, said the firm’s managing director, Mr Michael Ng.

The Singaporean buyers included young families and older people looking for retirement homes or homes for their children, he said. Foreign buyers included those from Hong Kong and Indonesia, he added.

Developed by construction and property group Chip Eng Seng and a Lehman Brothers unit, The Parc is near Clementi town centre and a short drive away from the National University of Singapore, Singapore Polytechnic, Singapore Science Park and one-north in Buona Vista.

Savills said professionals and lecturers from these places are potential tenants. The condominium features recreational facilities such as a 50m lap pool, jacuzzi and a toddlers’ pool on a relatively large site of 366,432 sq ft.

Chip Eng Seng bought Westpeak in a collective sale last April for $206.09 million, which worked out to $348 psf of potential gross floor area, inclusive of a development charge then estimated at $21.5 million.

Lehman Brothers came in for an equal share of the project last October.

Meanwhile, Chip Eng Seng soft-launched a high-end project with about 70 units in Peck Hay Road, near Cairnhill Circle, about a month ago.

It has since sold close to 50 per cent of the development – which sits on the former Venus Mansion site – at about $2,500 psf on average.

Next up for the developer will be the launch of a small, luxury condominium in Grange Road.

Source : Straits Times – 13 Aug 2007