SINGAPORE VIEW A COLLECTION OF THE FINEST PROPERTIES & DEVELOPMENTS NOV 2 0 1 7 - FE B 2 0 1 8
NOVEMBER 2017 - FEBRUARY 2018 • 1
CONTENTS 16
04 WELCOME
06 MARKET RESEARCH
12 ADVISORY SERVICES
14 AUCTION
19
25
INDUSTRIAL
23 INVESTMENT & CAPITAL MARKETS
29 OFFICE
30 PROPERTY ASSET MANAGEMENT
SINGAPORE VIEW • 2
32
46
32 RESIDENTIAL LOCAL PROJECTS
42 RESIDENTIAL INTERNATIONAL PROJECTS
55
58 RESIDENTIAL LEASING
60 RESIDENTIAL SALES
62 RETAIL
64
NOVEMBER 2017 - FEBRUARY 2018 • 3
SINGAPORE VIEW NOV 2017 - FEB 2018 COVER IMAGE MARINA ONE RESIDENCES READ MORE ON PAGE 36
SINGAPORE VIEW • 4
EDITOR Liew Lixia RESEARCH CONTENT Alice Tan MARKETING Phyllis Goh DESIGNER Regina Ang
WELCOME The en bloc fever continues as Knight Frank leads the way in the collective sale market with the sale of Normanton Park, commanding the highest land rate per square foot per plot ratio (psf ppr) for a 99-year leasehold collective sale site this year. As the appetite for land endures, it is a homeowners’ market as many more join the wave in the sale of private residential sites. Even so, private residential home prices fell for the 15th consecutive quarter since its peak in Q3 2013, a trend mirrored by the landed and non-landed homes segment with falls of 16.0% and 10.2% respectively, since Q3 2013. Average gross rental yields for the mid-tier market also fell to 3.23% this quarter, while average gross rental yields for the high-end and mass-market tiers stabilised in Q2 2017 at 2.95% and 3.30% correspondingly. Over 8,000 private homes are slated for completion in 2017, with the Outside Central Region (OCR) contributing half of this upcoming supply. On the commercial front, prime retail spaces in malls recorded mixed rental performances, with rental declines in the Marina Centre, City Hall, Bugis and City Fringe areas contrasted by improvements in both the Orchard Road and Suburban precincts. About 2.2 million sq ft of net lettable retail space for major malls is slated for completion between 2017 and 2019 in Singapore, averaging 0.7 million sq ft of new major retail space per year. Average rents and occupancy in suburban malls are expected to remain steady through H2 2017, supported by a strong captive catchment size and proximity to major transport nodes. Retailers are expected to take a prudent approach towards expansionary plans, amid uncertain economic trends and high business costs. The manufacturing sector continues to take the lead, growing 8.0% year-on-year (y-o-y) on the back of strong demand in the electronics and precision engineering
clusters. The Singapore Purchasing Managers’ Index (PMI) expanded for the 10th consecutive month in June 2017, with local demand remaining steady despite strong headwinds and uncertainties in the global market. The improved manufacturing outlook is expected to support demand for high-specification industrial spaces till the end of the year, with average prices for freehold industrial properties also expected to hold or increase marginally for the rest of 2017. As more tenants take the opportunity to secure prime office spaces, leasing interest for new office developments within the Central Business District (CBD) has gained stronger momentum over the past two quarters. This has resulted in a rise in occupancy in existing Grade A+ buildings in the Raffles Place / Marina Bay precinct to 97.3% in Q2 2017, the highest in six quarters. Additionally, average rents of Grade A+ buildings in the Raffles Place / Marina Bay precinct also rose for the first time after eight consecutive quarters of decline, in Q2 2017. However, older office buildings have yet to witness a rental recovery for Q2 2017 amid continuing headwinds. The “flight-to-quality” phenomenon with first-wave tenants moving into the newly-built Marina One East Tower and UIC Building is starting to impact older Grade A office spaces, with some landlords of these buildings under pressure to backfill their vacated spaces. In the coming quarters, the global economic outlook is expected to improve and business expectations likely to turn positive. The Ministry of Trade and Industry Singapore (MTI) anticipates trade-related sectors to provide support to the Singapore economy, while sectors such as information and communications, education, and health and social services expected to remain resilient albeit with potential moderate growth.
Danny Yeo Chairman & Group Managing Director Knight Frank Pte Ltd
NOVEMBER 2017 - FEBRUARY 2018 • 5
MARKET RESEARCH SYNOPSIS
“ Prices fall for the
RESIDEN T I AL According to Urban Redevelopment Authority (URA)1, the private residential home segment saw prices fall for the 15th consecutive quarter or 11.6% since its peak in Q3 2013. Similarly, the Landed segment and Non-Landed segment saw prices drop by 16.0% and 10.2% since Q3 2013. All segments recorded their slowest decline on a q-o-q basis. Average gross rental yields for the high-end and mass-market stabilised in Q2 2017 at 2.95% and 3.30% respectively. Conversely, average gross rental yield for the mid-tier market fell to 3.23% this quarter.
15th consecutive quarter
UPCOMING PRIVATE RESIDENTIAL SUPPLY, BY MARKET SEGMENT, AS AT Q2 2017
9,000
CCR
RCR
NO.OF UNITS
Source: URA, Knight Frank Research
Approximately 8,410 private homes are slated for completion in 2017 according to Q2 2017 statistics from URA. The Outside Central Region (OCR) will contribute half of this upcoming supply.
8,000
AVERAGE RESALE PRICES, RENTS AND GROSS YIELDS OF PRIVATE RESIDENTIAL PROPERTY, BY MARKET SEGMENT 7,000
Source: REALIS, (based on data as at 25 August 2017), URA (based on rental contract data as at 15 August 2017), Knight Frank Research
AVERAGE RESALE PRICES (S$ PER SQ FT STRATA AREA)
HIGH-END MID-TIER MASS-MARKET
Q2 2016
Q2 2017
Y-O-Y CHANGE
$1,993 $1,487 $ 987
$1,983 $1,500 $ 964
-0.5% 0.9% -2.2%
6,000
5,000
AVERAGE RENTS (S$ PER SQ FT STRATA AREA PER MONTH)
HIGH-END MID-TIER MASS-MARKET
4,000
$5.18 $4.25 $2.81
$4.88 $4.04 $2.65
3.12% 3.43% 3.42%
2.95% 3.23% 3.30%
-5.9% -5.0% -5.7%
3,000
GROSS YIELDS (%) HIGH-END MID-TIER MASS-MARKET
1
Based on the 2nd Quarter 2017 real estate statistics release by the Urban Redevelopment Authority.
SINGAPORE VIEW • 6
2,000
1,000
0
2017
2018
2019 2020
2021
OCR
RE TAIL Retail prime spaces in malls tracked by Knight Frank Research saw a mixed bag of rental performance. While Marina Centre, City Hall, Bugis and the City Fringe precincts saw rental declines, both Orchard Road and the Suburban precincts experienced slight improvements.
MAJOR RETAIL SUPPLY FROM MAJOR DEVELOPMENTS IN KEY PRECINCTS Source: Knight Frank Research
About 2.2 million sq ft of net lettable retail space for major malls is slated for completion between 2017 and 2019 in Singapore, averaging 0.7 million sq ft of new major retail space per year. An estimated 0.8 million sq ft of net lettable major retail space is slated for completion in the second half of 2017. Average rents in the Central Region are envisaged to fall by 5.0% to 8.0% y-o-y by Q4 2017, while more resilient prime rents are likely to moderate downwards by up to 3.0% y-o-y in the same period. Average rents and occupancy in suburban malls are expected to remain steady through H2 2017. Occupancy in suburban malls, which are supported by strong captive catchment size and located near major transport nodes, expects to maintain steady occupancy through H2 2017. Overall, most retailers are seen taking a prudent approach towards their expansionary plans amid uncertain economic trends and high business costs. Island-wide occupancy performance is expected to hover between 90.0% and 92.0% by Q4 2017.
“ Average rents in the Central Region are envisaged to fall.
FRINGE AREA DOWNTOWN CORE ORCHARD REST OF CENTRAL AREA SUBURBAN
1,200
1,000
800
NETT LETTABLE RETAIL SPACE (’000 SQ FT)
While the average rents of prime retail spaces in the Orchard Road precinct saw a 0.2% q-o-q increase, average rents of prime retail spaces in the Marina Centre, City Hall and Bugis precinct fell the most by 2.0% q-o-q and 5.3% y-o-y as landlords continue to offer attractive rental packages to manage falling occupancy. Average rents of prime spaces in suburban malls rose 0.2% q-o-in Q2 2017.
600
400
200
0
2017
2018
2019
REFER TO NEXT PAGE FOR THE AVERAGE GROSS RENTS OF PRIME RETAIL SPACES FOR Q2 2017
NOVEMBER 2017 - FEBRUARY 2018 • 7
AVERAGE GROSS RENTS OF PRIME RETAIL SPACE - Q2 2017 Source: Knight Frank Research * Knight Frank revised its basket of prime retail spaces in Q1 2016. ** Prime spaces refer to rental-yielding units between 350 and 1,500 sq ft with the best frontage, connectivity, footfall and accessibility in a mall which are typically ground level of a retail mall and/or the basement level of a retail mall that is linked to a MRT or bus station
LOCATION
$ PER SQ FT PER MONTH
Q-O-Q CHANGE Y-O-Y CHANGE
ISLAND-WIDE
ORCHARD ROAD
MARINA CENTRE, CITY HALL, BUGIS
CITY FRINGE
SUBURBAN
S$30.70
S$35.10
S$29.80
S$24.60
S$28.90
-0.3%
0.2%
-2.0%
-0.3%
0.2%
-5.3%
-0.3%
-2.2%
-1.8%
-0.5%
O F F IC E Generally, leasing interest for new office developments within the Central Business District (CBD) has gained stronger momentum over the past two quarters with more tenants taking the opportunity to secure prime office spaces. Notably, tech-giant Microsoft and Ocean Network Express, a Japanese shipping joint venture comprising Kawasaki Kisen Kaisha, Mitsui OSK Lines and Nippon Yusen Yabushiki Kaisha, have committed to take up 125,000 sq ft and 50,000 sq ft of office space respectively in Q2 2017. As a result of increased leasing activities, occupancy in existing Grade A+ buildings in Raffles Place / Marina Bay precinct rose to 97.3% in Q2 2017, the highest in six quarters. Average rents of Grade A+ buildings in the Raffles Place / Marina Bay precinct also rose for the first time after eight consecutive quarters of decline with a 0.2% q-o-q increase in Q2 2017. In contrast, older office buildings have yet to witness a rental recovery for Q2 2017 amid continuing headwinds. The “flightto-quality” phenomenon with first-wave tenants moving into the newly-built Marina One East Tower and UIC Building is starting to impact older Grade A office spaces, with some landlords of these buildings under pressure to backfill their vacated spaces. The threat of looming secondary spaces has also added pressure on both landlords and existing tenants to hunt for new occupiers. The consolidation activities within the banking and finance sector, which has traditionally been the key occupier of office space, have released a significant total secondary space2 of estimated 260,000 sq ft into the market since 2017. This accounted for a substantial 70% of total available secondary space in the CBD as at end of Q2 2017.
Based on Knight Frank's definition, secondary space refers to current occupied space that is available for lease from the existing tenant.
2
SINGAPORE VIEW • 8
In the coming quarters, the global economic outlook is expected to improve and business expectations likely to turn positive. For the full year of 2017, MTI expects trade-related sectors such as the finance & insurance and transportation & storage to provide support to the Singapore economy. The information & communications, education, and health & social services sectors are expected to remain resilient albeit with potential moderate growth. The enquiries and activities across these sectors are expected to sustain or gain traction as early as end2017 or early 2018.
“ More tenants taking the opportunity to secure prime office spaces.
UPCOMING OFFICE SUPPLY (GROSS FLOOR AREA), AS AT JUNE 2017
AVERAGE OFFICE RENTALS, BY KEY PRECINCTS IN Q2 2017
Source: URA, Knight Frank Research
Source: URA, Knight Frank Research • Rents are based on transacted leases • Rents are based on a lease term of at least three years • Rents are expressed as values rounded to nearest 10 cent • Rents are estimated based on leases of a whole-floor office space on the mid-floor levels of office properties, and taking into account rent free period and other concessions
SUBURBAN FRINGE (WEST) FRINGE (EAST) SUNTEC/MARINA/CITY HALL & REST OF CENTRAL AREA ORCHARD SHENTON WAY/ROBINSON ROAD/TANJONG PAGAR MARINA BAY/RAFFLES PLACE
2,500
Q-O-Q CHANGE
RAFFLES PLACE/ MARINA BAY GRADE A+
GROSS FLOOR AREA (SQ FT)
3,000
CBD (GRADE A+, GRADE A)
0.2%
S$9.10 S$9.60
-0.2%
S$8.00 S$8.50
0.6%
S$7.70 S$8.20
-0.8%
S$7.70 S$8.20
RAFFLES PLACE/ MARINA BAY GRADE A
SHENTON WAY/ ROBINSON ROAD/ TANJONG PAGAR GRADE A
2,000 MARINA CENTRE/ SUNTEC GRADE A
1,500 CITY HALL GRADE A
NO CHANGE CENTRAL AREA
1,000
(OUTSIDE CBD)
0.1%
S$7.80 S$8.30
-0.2%
S$4.70 S$6.70
ORCHARD GRADE A
OTHERS
500
0
S$7.90 S$8.40
FRINGE AREAS
SUBURBAN AREAS
H2 2017
2018
2019
2020
2021
NO CHANGE
S$4.20 S$5.20
NOVEMBER 2017 - FEBRUARY 2018 • 9
IN DUSTRI AL Growth in the manufacturing sector led at 8.0% y-o-y on the back of strong demand in the electronics and precision engineering clusters, which saw robust expansions on the back of strong external demand for semiconductors and semiconductor manufacturing equipment. The Singapore Purchasing Managers’ Index (PMI)3 expanded for the 10th consecutive month in June 2017. The PMI hovered between 50.8 and 51.1 in Q2 2017, with improvements in new orders, new exports, inventory and factory output. The local manufacturing sector continues to see steady demand despite strong headwinds and uncertainties in the global market. Overall island-wide rents fell 1.4% q-o-q to $2.00 per sq ft per month (psf pm) in Q2 2017, mainly due to falling rental rates across most of the industrial clusters. The Macpherson – Tai Seng – Defu clusters reported the strongest appreciation in rents in Q2 2017. Rents in the Bukit Merah – Alexandra – Jalan Kilang clusters dropped 10.1% q-o-q in Q2 2017, largely due
to lower rental transactions reported from high-specification factory buildings like Cendex Center and The Alexcier. Business Park rents witnessed a slight dip in Q2 2017 at $4.08 psf pm despite higher leasing activities in Q2 2017 (60 transactions) compared to Q1 2017 (32 transactions). Average prices of upper-floor strata-titled factory units improved 3.7% y-o-y in Q2 2017, due to price growth in freehold upper floor factories. Average leasehold upper-floor strata-titled factory prices improved marginally by 1.0% y-o-y to $334.6 psf, while average freehold upper-floor strata-titled factory prices increased by 3.3% to $653.5 psf y-o-y in Q2 2017. The improved manufacturing outlook up till September 2017 is expected to support demand for high-specification industrial spaces throughout 2017. With the rarity of freehold industrial properties, average prices for such properties are expected to hold or increase marginally for this year.
NUMBER OF CAVEATS LODGED FOR STRATA-TITLED FACTORY AND WAREHOUSE UNITS* Source: REALIS (as at 24 July 2017), Knight Frank Research *Note: (1) Transactions are based on units on upper floors only, (2) some caveats may comprise more than one strata unit
300
Q2 2016
Q3 2016
RESALE
Q4 2016
SUBSALE
NEW SALE
Q1 2017
FACTORY
WAREHOUSE
Q2 2017
CAVEATS LOGDED
250 200 150 100 50 0
The SIPMM PMI Monthly Bulletin compiled by the Singapore Institute of Purchasing and Materials Management (or in short, SIPMM), is based on data compiled from monthly replies to questions asked of purchasing executives in over 150 industrial companies. The survey is based on several industry groupings, and weighted on each industry's contribution to Gross Domestic Product. Survey responses reflect the change, if any, in the current month.
3
SINGAPORE VIEW • 10
“ Falling rental rates
across most of the industrial clusters
AVERAGE MONTHLY GROSS RENTALS FOR CONVENTIONAL INDUSTRIAL SPACE, BY KEY CLUSTERS Source: Knight Frank Research * Range of rentals are estimated based on the average of minimum and maximum transacted rentals derived * Only rents of units on upper floors are included
Q1 2017
Q2 2017
Q-O-Q % CHANGE
S$1.24 S$1.33 7.3% AVERAGE
S$1.82 S$1.84
-1.5%
1.2%
S$1.48 S$1.42 -4.1%
S$2.00 S$1.97
CLEMENTI TOH TUCK BUKIT BATOK PIONEER TUAS
S$1.57 S$1.71
WOODLANDS SEMBAWANG ADMIRALTY YISHUN
8.9%
SERANGOON ANG MO KIO LORONG CHUAN TOA PAYOH PEMIMPIN
BUKIT MERAH ALEXANDRA JALAN KILANG PASIR PANJANG
KAKI BUKIT UBI PAYA LEBAR EUNOS
MACPHERSON TAI SENG DEFU KALLANG GEYLANG BENDEMEER
S$2.98 S$2.94
S$1.69 S$1.62
-1.3%
-4.1%
BUSINESS PARKS (ISLAND-WIDE)
S$4.25 S$4.24 -0.24%
S$3.09 S$2.78 -10.1%
S$2.11 S$2.11
NO CHANGE
NOVEMBER 2017 - FEBRUARY 2018 • 11
ADVISORY SERVICES
ADVISORY SERVICES CONSULTANCY & R ESEAR CH OUR SERVICES: • Highest and best use studies • Development and planning consultancy • Master planning advisory • Pricing and rental strategy • Market due diligence • Feasibility studies for residential, retail, office, hotels, shophouses and industrial properties • Customised research studies
Knight Frank's Consultancy & Research team provides strategic advice, development consultancy and market research services to a wide range of local and overseas clients across both private and public sectors. Leveraging the multi-disciplinary expertise of our analysts and first-hand insights from our industry veterans, we help clients seize opportunities and unlock the potential of their projects while identifying and minimising risks. Backed by a world-class global research team, we draw upon the knowledge from our network of more than 400 offices across 60 countries, to deliver in-depth research against global market dynamics. Our strengths in offering comprehensive and independent advice in multiple areas have earned us an extensive track record in consultancy projects.
FOR MORE INFORMATION, PLEASE CONTACT:
Alice Tan Director and Head, Consultancy & Research T: 6228 6833 E: alice.tan@sg.knightfrank.com SINGAPORE VIEW • 12
ADVISORY SERVICES
VALUATIO NS With a track record of more than 75 years in Singapore, Knight Frank’s Valuations team grows from strength to strength. We are proud to have served many clients who have placed their trust in our competence, integrity and professionalism by staying with us year after year. Our experienced, well-respected and dedicated valuations team regularly appraises properties for mortgage, sale or purchase, public listing, financial reporting, rental reviews, litigation and statutory valuations. Today, we are on the valuation panel of nearly every leading bank and financial institution in Singapore. Recently, Knight Frank successfully completed the valuation for CapitaLand Commercial Trust for Asia Square Tower 2 that comprises premium Grade A office and retail units with a combined net lettable area of about 778,000 square feet. We were also the appointed valuer for Lendlease to value 313@somerset, an 8-storey shopping mall including five levels above ground and three basement levels, with a total of more than 280,000 square feet of retail space. Additionally, we undertake instructions to provide advice for rental valuations and statutory valuations involving property tax and land acquisition. In several cases, this has resulted in significant tax savings for our clients.
FOR MORE INFORMATION, PLEASE CONTACT: Low Kin Hon Deputy Group Managing Director & Head of Valuations T: 6228 6860 E: kinhon.low@sg.knightfrank.com Png Poh Soon Director, Valuations T: 6228 7393 E: pohsoon.png@sg.knightfrank.com
NOVEMBER 2017 - FEBRUARY 2018 • 13
AUCTION & SALES
AUCTION & SALES
5 BELMONT ROAD 5 BELMONT ROAD, D10 bank sale Guide price: $2X million
2-STOREY GOOD CLASS BUNGALOW WITH BASEMENT AND SWIMMING POOL The subject development is located at Belmont Road — an exclusive residential estate off Holland Road. It is within close proximity to shopping facilities at Holland Village and Orchard Road, as well as the circle line at Holland Village station. • • • • • •
Tenure : Freehold Zoning : Good Class Bungalow zone within Belmont Park Land Area : 16,327 sq ft Floor Area : 11,502 sq ft Walking distance to Holland Village MRT station
Sharon Lee (CEA Reg No: R027845B) 9686 4449 • 6228 6891 sharon.lee@sg.knightfrank.com
SINGAPORE VIEW • 14
AUCTION & SALES
PASIR RIS AVENUE, D18 owner SALE
PA SI R R IS AV E N U E 2-STOREY DETACHED HOUSE The subject property is well-immersed in the beauty of mother nature with Pasir Ris Beach Park within walking distance. Chalets and resorts at Downtown East are in close proximity. It is also in the vicinity of several education institutions such as Overseas Family School, United World College, Parkview Primary School and Meridian Junior College. White Sands is only a short drive away, making it more convenient for shopping of daily necessities from Sheng Siong and NTUC Supermarket. • •
Tenure : 99-year Leasehold (wef June 1978) Land Area : Approx. 8,011 sq ft
Gwen Lim (CEA Reg No: R027862B) 9199 2377 • 6228 7331 gwen.lim@sg.knightfrank.com
4 4 / 4 4 A PA S IR RI S AV E N U E A PAIR OF BRAND NEW SEMI-DETACHED The subject property is a pair of beautifully constructed three-storey semi-detached houses with attic, located next to Pasir Ris Park. Built on elevated ground, the subject property gives you a brilliant view of greenery, the sea, and nearby islands. • • •
Tenure : 99-year Leasehold (wef 1 July 1978) Land Size : 3,000 sq ft each Built-up Size : 4,500 sq ft each
Guide price: $3.2 million each Gwen Lim (CEA Reg No: R027862B) 9199 2377 • 6228 7331 gwen.lim@sg.knightfrank.com Teddy Ng (CEA Reg No: R006630G) 9030 4603 • 6228 7326 teddy.ng@sg.knightfrank.com
44 / 44A PASIR RIS AVENUE, D18 owner sale NOVEMBER 2017 - FEBRUARY 2018 • 15
AUCTION & SALES
KEW CRESCENT, D16 owner sale
K EW CRESCEN T 3-STOREY SEMI-DETACHED HOUSE WITH POOL & LIFT Surrounded by nature, the subject property is located on the southern side of the island, off Upper East Coast Road. Within few minutes’ drive to ECP and PIE and approximately 14.0 km to the city centre. It is also accessible via the Tanah Merah MRT station, and upcoming MRT station about 500m away. Sold with vacant possession, and on an “As-is-whereis” basis. • • •
Tenure : 99-year Leasehold (wef 1994) Land Area : Approx. 4,652 sq ft Floor Area : Approx. 3,883 sq ft
Guide price: $3.X million Tricia Tan (CEA Reg No: R021904I) 9387 9668 • 6228 7349 tricia.tan@sg.knightfrank.com
J A LA N H A J I SA LA M TRIPLE-KEY 2-STOREY DETACHED HOUSE The subject property is located at the south-western side of Jalan Haji Salam, off Upper East Coast Road. Surrounded by nature and private houses. In close proximity to HDB Bedok New Town, Tanah Merah MRT station, East Coast Parkway and East Coast Park. • • • • •
Tenure : Freehold Land Area : 9,718 sq ft Able to accommodate three families with three private access points Long driveway and ample parking space Walking distance to future MRT station
Guide price: $8.XX million
Sharon Lee (CEA Reg No: R027845B) 9686 4449 • 6228 6891 sharon.lee@sg.knightfrank.com
JALAN HAJI SALAM, D16 owner sale SINGAPORE VIEW • 16
AUCTION & SALES
87 PHOENIX AVENUE, D23 mortgagee SALE
8 7 P H O E N IX AV E N UE 2-STOREY DETACHED HOUSE WITH BASEMENT AND A SWIMMING POOL The subject property is located off Choa Chu Kang Road, about 14.5 km from the city centre. Shopping malls such as Bukit Panjang Plaza, Junction 10 and HillV2 are nearby. Readily accessible via KJE, BKE and PIE to all parts of the island. Phoenix LRT station is within minutes from the subject property. • • • • • •
Tenure : Freehold Land Area : Approx. 6,712 sq ft Floor Area : 4,779 sq ft Ample parking lots Additions & alterations were done about 3 years ago Corner unit with double frontage
Guide price: $6.X million Tricia Tan (CEA Reg No: R021904I) 9387 9668 • 6228 7349 tricia.tan@sg.knightfrank.com
H A I SIN G RO A D LAND WITH A 2-STOREY SEMI-DETACHED The subject property is located off Upper Serangoon within Hai Sing park. Regular-shaped land with a frontage of about 12m. • • • •
Tenure : 999-year Leasehold Land Area : Approx. 4,578 sq ft Within walking distance to amenities and Hougang MRT station Ideal for building detached house
Sharon Lee (CEA Reg No: R027845B) 9686 4449 • 6228 6891 sharon.lee@sg.knightfrank.com
HAI SING ROAD, D19 estate sale NOVEMBER 2017 - FEBRUARY 2018 • 17
AUCTION & SALES
LO YA N G WAY
L OYA N G WA L K
3 LOYANG WAY 1, D17
3 LOYANG WALK, D17
liquidator's SALE
mortgagee sale
JTC PURPOSE BUILT DETACHED FACTORY BUILDING
2-STOREY INTERMEDIATE TERRACE FACTORY
Located at the south-western side of Loyang Way 1, a cul-desac off Loyang Way. Near Pasir Ris & Tampines HDB estates and approximately 19.5km from the city centre. The subject property is sold with vacant possession and on "As-is" basis, with the sale subjected to JTC's approval. • Tenure: 30 + 27 years Leasehold (wef 16 Sep 1994) • Land Size : Approx 41,705 sq ft • Built-up : Approx. 50,214 sq ft • Land rent is payable
Located within the Loyang industrial estate, near Tampines and Pasir Ris. The subject property is sold with vacant possession and on "As-is" basis, with the sale is subjected to JTC's approval.
guide price : $7.X Million
• • • •
Tenure: 30 + 26 years Leasehold (wef Feb 1996) Size : Approx 10,093 sq ft Built-up : Approx. 13,923 sq ft Land rent is payable
guide price : $3.X Million
Tricia Tan (CEA Reg No: R021904I) 9387 9668 • 6228 7349 • tricia.tan@sg.knightfrank.com
Tricia Tan (CEA Reg No: R021904I) 9387 9668 • 6228 7349 • tricia.tan@sg.knightfrank.com
ATRIX
B A R T L E Y B I Z CE N T R E
82 GEYLANG LORONG 23, D14
15 KAKI BUKIT ROAD 4, #01-XX, D14
for SALE
for SALE
RAMP-UP B1 FACTORY
2-STOREY STRATA FACTORY WITH ROOF TERRACE
Within minutes to Aljunied MRT station and PIE. Close to Kallang Leisure Park. • • • • •
Tenure : Freehold Size : 1,701 sq ft Well renovated More than 3% yield 200 m to Aljunied MRT station
Sharon Lee (CEA Reg No: R027845B) 9686 4449 • 6228 6891 • sharon.lee@sg.knightfrank.com SINGAPORE VIEW • 18
• • • • • • • •
Tenure : 30-year Leasehold (wef 30 May 2011) Size : 4,758 sq ft Tenanted at $5.5k per month, more than 4% yield Motivated Seller "Business 2" terrace factory/workshop 2 carpark lots in front for easy loading/unloading Within walking distance to Kaki Bukit MRT station Readily accessible via PIE
Tricia Tan (CEA Reg No: R021904I) 9387 9668 • 6228 7349 • tricia.tan@sg.knightfrank.com
INDUSTRIAL
INDUSTRIAL
38 JALAN BUROH 38 JALAN BUROH, D22 FOR LEASE
A 9-STOREY SINGLE USER RAMP-UP WAREHOUSE WITH ANCILLARY OFFICE The property is strategically located within an established industrial estate in the Western part of Singapore. It is about 10 minutes’ drive from Lakeside MRT Station, and is easily accessible via the AYE and PIE. •
Alvin Teng (CEA Reg No: R002950I) Gerald Quek (CEA Reg No: R002959B) 6100 0640 ind@sg.knightfrank.com
• • • •
Area Per Floor : Up to approx. 79,070 sq ft (Sub-division subject to landlord’s approval) 2014 MP Zoning : Business 2 Floor to Floor Height: From 5.6 m – 13.6 m Floor Loading : From 10 kN/m2 – 20 kN/m2 Loading / Unloading : 14 loading/unloading bays with dock levellers per floor
NOVEMBER 2017 - FEBRUARY 2018 • 19
INDUSTRIAL
7000 ANG MO KIO AVE 5, D20 for lease
70 0 0 A N G M O KIO AV EN U E 5 FITTED CLEAN ROOM AND PRODUCTION FACILITY The subject property is strategically situated within a 5 minutes drive from the CTE, 10 minutes drive to the city and 20 minutes drive to Changi International Airport. • • •
Floor Area : 122,000 sq ft Ceiling Height : 4.48 m Floor Loading : 10 kN/m2
Alvin Teng (CEA Reg No: R002950I) 9380 8662 • 6228 6893 alvin.teng@sg.knightfrank.com
TA G .A @ 81 TA G ORE LA N E A MODERN 4-STOREY LIGHT INDUSTRIAL BUILDING The subject property is located within Tagore Industrial Estate with public transport easily accessible along Upper Thomson Road. It is easily accessible via the SLE, CTE and Upper Thomson Road, and is within close proximity to Yio Chu Kang MRT and the future Springleaf and Lentor MRT Stations. • • • •
81 TAGORE LANE, D26 for LeASE SINGAPORE VIEW • 20
Total Strata Area Available for Lease : From approx. 1,604 sq ft to 1,949 sq ft 2014 Master Plan Zoning : Business 1 Ceiling Height : 5.95 m Floor Loading : 10 kN/m2
Gerald Quek (CEA Reg No: R002959B) 9047 7619 • 6228 7306 gerald.quek@sg.knightfrank.com
F O URT H CH IN BE E RO A D SINGLE-STOREY DETACHED FACTORY WITH ANCILLARY OFFICE The subject property is strategically located off International Road at the western part of Singapore. The site is easily accessible via major expressways such as PIE and AYE. • • • •
Tenure : JTC Leasehold expiring 2035 Land Area : Approx. 165,274 sq ft Build-In Area : Approx. 123,806 sq ft 2014 Master Plan Zoning : Business 2 with 1.4 plot ratio
Ng Ee Kiat (CEA Reg No: R002972Z) 9825 0900 • 6228 7334 eekiat.ng@sg.knightfrank.com
8 NE Y T H A L R OAD A 7-STOREY PRIME INDUSTRIAL BUILDING The subject property is located along Neythal Road, off International Road. It is accessible via the AYE, PIE and within close proximity to Joo Koon, Pioneer and Boon Lay MRT stations. • • • •
Tenure : JTC Leasehold 60-year (wef June 1970) Land Area : Approx. 45,221 sq ft Gross Floor Area : Approx. 38,321 sq ft 2014 MP Zoning : Business 2 with 2.5 plot ratio
Ng Ee Kiat (CEA Reg No: R002972Z) 9825 0900 • 6228 7334 eekiat.ng@sg.knightfrank.com
8 NEYTHAL ROAD, D22 FOR SALE NOVEMBER 2017 - FEBRUARY 2018 • 21
INDUSTRIAL
FOURTH CHIN BEE ROAD, D22 FOR sale
INDUSTRIAL
110 LORONG 23 GEYLANG, D14 for lease
VI CTO RY CEN TRE A 7-STOREY INDUSTRIAL BUILDING WITH 86 UNITS & 1 CANTEEN UNIT The property is strategically located at the junction of Sims Drive and Aljunied Road. It is within a 5-minute walk from Aljunied MRT station and is easily accessible via the PIE and KPE. • • • •
Tenure : 60-year Leasehold (wef 2012) Land Area : Approx. 67,944.52 sq ft Gross Floor Area : Approx. 169,633.97 sq ft Master Plan Zoning : Business 1
Gerald Quek (CEA Reg No: R002959B) 9047 7619 • 6100 6261 gerald.quek@sg.knightfrank.com
SH I N E @ TU A S SOU TH PROPOSED MULTI-USER 6-STOREY RAMP-UP B2 INDUSTRIAL DEVELOPMENT The property is strategically located near the future Tuas Mega Port and maritime industry in western Singapore, and stands out with its distinct wave-inspired design. It offers ample infrastructure spaces and facilities, allowing tenants to enhance the efficiency of their operations and capitalise on future connectivity plans between Singapore and Malaysia. • • • • •
11 TUAS SOUTH LINK 1, D22 FOR SALE SINGAPORE VIEW • 22
Tenure : 60-year Leasehold (wef Jan 2015) Gross Floor Area : 553,264.46 sq ft Unit Sizes : 1,669.48 sq ft - 13,763.80 sq ft 2014 Master Plan Zoning : Business 2 Estimated TOP : Q1 2018
Gerald Quek (CEA Reg No: R002959B) 9047 7619 • 6100 6261 gerald.quek@sg.knightfrank.com
NORMANTON PARK NORMANTON PARK, D05 sold
Ian Loh (CEA Reg No: R027865G) 8838 3288 • 6228 6823 ian.loh@sg.knightfrank.com Lennon Koh (CEA Reg No: R022673H) 9748 7400 • 6228 7327 lennon.koh@sg.knightfrank.com
UNIQUE RESIDENTIAL REDEVELOPMENT SITE Knight Frank is pleased to announce the sale of Normanton Park, a 488unit development located off Ayer Rajah Expressway, to Kingsford Huray Development Pte Ltd for SGD 830.1 million – making it the highest land rate (psf ppr) for a 99-year leasehold collective sale site this year. The sale price, with an additional lease top-up premium estimated at SGD 231.1 million payable to the state to top up the lease to a fresh 99 years, and a differential premium of approximately SGD 283.4 million to redevelop the site to a gross plot ratio (GPR) of 2.1 based on the maximum permissible Gross Floor Area (GFA) of approximately 1,388,099 sq ft, translates to a land price of approximately SGD 969 per square foot per plot ratio (psf ppr). With the inclusion of a 10% bonus balcony and a proposed plot ratio of 2.31 (2.1 + 10% balcony), the land price works out to approximately SGD 923 psf ppr, subject to the authorities’ approval. The gross development value for this project is estimated at SGD 2.23 billion. The new high-rise development could potentially house more than 1,200 new residential units of 100 sq m on the site, and new homeowners can potentially enjoy lush greenery views and unblocked views to the city. • • • •
Existing development : 13 residential blocks of 488 apartment units with sizes ranging from 118 sq m to 141 sq m Tenure : 99-year leasehold wef 01 Nov 1977 Site Area : 61,408.9 sq m / approximately 660,999 sq ft Master Plan 2014 : Residential, with a plot ratio of 2.1
NOVEMBER 2017 - FEBRUARY 2018 • 23
INVESTMENT & CAPITAL MARKETS
INVESTMENT & CAPITAL MARKETS
INVESTMENT & CAPITAL MARKETS
MAYFAIR GARDENS
RESIDENTIAL REDEVELOPMENT OPPORTUNITY
RIFLE RANGE ROAD, D21 for sale
• • •
Mayfair Gardens is located in District 21 in Singapore. The site has dual entrances and is located on three separate plots of land. The site is easily accessible via Dunearn Road and is also close to a wide variety of amenities along Bukit Timah Road and Upper Bukit Timah Road. King Albert Park MRT station is approximately 200 metres’ walking distance from the development. Tenure : 99-year Leasehold (wef 08 Jul 1983) Site Area : Approx. 19,368 sq m / 208,475 sq ft Master Plan 2014 : Residential, with a plot ratio of 1.4
Ian Loh (CEA Reg No: R027865G) 8838 3288 • 6228 6823 ian.loh@sg.knightfrank.com Marvelle Wong (CEA Reg No: R055510C) 9753 5878 • 6228 7359 marvelle.wong@sg.knightfrank.com
SINGAPORE VIEW • 24
INVESTMENT & CAPITAL MARKETS
WEDBUSH CENTER
1000 WILSHIRE BOULEVARD, LOS ANGELES
CLASS ‘A’ INSTITUTIONAL INVESTMENT OPPORTUNITY
CALIFORNIA, UNITED STATES OF AMERICA for sale
The subject property is an iconic high-rise Class A trophy office building and architectural landmark located in the heart of Downtown Los Angeles. • • • • •
21-storey iconic office building 476,491 rentable square feet (RSF) 86% leased to a stellar roster of tenants with strong national and regional credit profiles 580 parking spaces in subterranean garage Adjacent to Wilshire Grand Centre, a USD $1B+ mixed-use office/ hotel/retail project
Ian Loh (CEA Reg No: R027865G) 8838 3288 • 6228 6823 ian.loh@sg.knightfrank.com Karen Wan (CEA Reg No: R040821F) 9772 8042 • 6228 6809 karen.wan@sg.knightfrank.com
NOVEMBER 2017 - FEBRUARY 2018 • 25
INVESTMENT & CAPITAL MARKETS
MELBOURNE, AUSTRALIA for sale
RI VERSI D E RI CH M ON D PERMIT APPROVED LANDMARK OPPORTUNITY The subject property is a permit approved development site in Melbourne area. The site occupies a prime frontage on Pitt Street, highly accessible to transport links. • • • • • •
Tenure : Freehold Site Area : 20,932 sq m Potential Gross Floor Area: Approx. 42,410 sq m Approval for 494 luxury apartments spread across 5 blocks of varying levels. A combination of 1-bedroom,1-bedroom with study, 2-bedroom and 3-bedroom units 135 m of Yarra River view frontage
Ian Loh (CEA Reg No: R027865G) 8838 3288 • 6228 6823 ian.loh@sg.knightfrank.com Karen Wan (CEA Reg No: R040821F) 9772 8042 • 6228 6809 karen.wan@sg.knightfrank.com
29 9 ELI Z A BET H STREET RARE CORNER OFFICE TOWER WITH RESIDENTIAL / HOTEL REDEVELOPMENT POTENTIAL (STCA) The subject property is a prominent 12-level freehold corner office tower offering excellent natural light with expansive Hyde Park views. It is positioned to benefit further from the substantial regeneration of Sydney’s transport system. The property provides direct access to the underground entrance to Museum Train Station. Surrounded by excellent amenities and popular shopping destinations – World Station, QVB, Pitt Street Mall. • • • • •
Tenure : Freehold Site Area : Approx. 645 sq m Net Lettable Area : Approx. 5,974 sq m 91% leased with a WALE of 3.2 years Significant rental growth potential
Ian Loh (CEA Reg No: R027865G) 8838 3288 • 6228 6823 ian.loh@sg.knightfrank.com
SYDNEY, AUSTRALIA FOR SALE SINGAPORE VIEW • 26
Karen Wan (CEA Reg No: R040821F) 9772 8042 • 6228 6809 karen.wan@sg.knightfrank.com
INVESTMENT & CAPITAL MARKETS
TA M P I N E S COFFEESHOP HDB EATING HOUSE The subject property is an HDB coffeeshop located within close proximity to Tampines West MRT station, Temasek Polytechnic and schools. • •
Tenure : 86-year Leasehold (wef 01 March 1996) Floor Area : 4,058 sq ft for eating house, 786 sq ft for living quarters
AN G M O K IO AV E N U E 8 HDB SHOP AT ANG MO KIO TOWN CENTRE The subject property is an HDB shop located at Ang Mo Kio Town Centre. It is within close proximity to Ang Mo Kio MRT station and AMK Hub. • • • •
Tenure : 86-year Leasehold (wef 01 July 1993) Floor Area : 893 sq ft for shop, 743 sq ft for living quarters HDB shop with living quarters Direct facing to Ang Mo Kio Central Stage
CH AN G I R O A D GROUND FLOOR SHOP WITH BASEMENT The subject property is a ground floor shop with basement located at the heart of Geylang Serai. • • •
Tenure : Freehold Floor Area : 3,207 sq ft inclusive of basement level of 1,259 sq ft Facing Changi Road and directly opposite Geylang Serai Market
Mary Sai (CEA Reg No: R027878I) 9388 7879 • 6228 6886 mary.sai@sg.knightfrank.com James Wong (CEA Reg No: R017407Z) 9113 3113 • 6228 7345 james.wong@sg.knightfrank.com NOVEMBER 2017 - FEBRUARY 2018 • 27
INVESTMENT & CAPITAL MARKETS
NEW BRIDGE ROAD, D01 for sale
N EW BRI D GE RO A D PRIME SHOPHOUSE UNIT The subject property is a 4-storey corner conserved shophouse located at the junction of New Bridge Road and Upper Circular Road, with Clarke Quay MRT station located within walking distance. • • • •
Tenure : 99-year Leasehold (wef 10 Aug 2016) Land Area : 1,452 sq ft Gross Floor Area : Approx. 5,324 sq ft Master Plan 2014 : Commercial with Plot Ratio 4.2
Mary Sai (CEA Reg No: R027878I) 9388 7879 • 6228 6886 mary.sai@sg.knightfrank.com James Wong (CEA Reg No: R017407Z) 9113 3113 • 6228 7345 james.wong@sg.knightfrank.com
BU K I T TI M A H PLA Z A LARGE CORNER RETAIL SPACE The subject property is a corner strata retail unit located within Bukit Timah Plaza, a popular mall destination for families with a wide range of products and services offered. • • • •
Tenure : 99-year Leasehold (wef 1976) Strata Floor Area : Approx. 14,725 sq ft Partitioned to 7 shops as enrichment centres, F&B, etc 100% tenanted, good rental yield
Mary Sai (CEA Reg No: R027878I) 9388 7879 • 6228 6886 mary.sai@sg.knightfrank.com
1 JALAN ANAK BUKIT, D21 FOR SALE SINGAPORE VIEW • 28
James Wong (CEA Reg No: R017407Z) 9113 3113 • 6228 7345 james.wong@sg.knightfrank.com
OFFICE
OFFICE FRAGRANCE EMPIRE BUILDING 456 ALEXANDRA ROAD, D05 FOR LEASE A 26-storey newly refurbished icon (formerly NOL Building) prominently located at the junction of Pasir Panjang Road and Alexandra Road. Located in the Central West district, it enjoys close proximity to the CBD, as well as the Jurong industrial district.
•
•
• • •
Full height glass windows throughout with ample natural light and unobstructed panoramic views of the sea, city and foliage Available Sizes : Approx. 2,000 sq ft, 4,000 sq ft, 8,000 sq ft, 16,000 sq ft, and 24,000 sq ft Central air-conditioning system Ample parking lots Connected to Alexandra Retail Centre and Labrador MRT station by covered walkway
Tan Wan Ting (CEA Reg No: : R056833G) 8522 5099 • 6228 7313 wanting.tan@sg.knightfrank.com
NOVEMBER 2017 - FEBRUARY 2018 • 29
PROPERTY ASSET MANAGEMENT
PROPERTY ASSET MANAGEMENT ASSET MANAGEMENT Our Asset Management team manages more than 8 million square feet of space spanning 21 properties, encompassing retail malls, offices, industrial buildings and residential complexes. We provide a full suite of services which include leasing and tenant management, facilities management, marketing communications, finance and human resource management across commercial, retail and residential assets. We also offer specialised retail services, including mall repositioning and consultancy, trade and tenant mix and asset enhancement initiatives.
HILLION MALL
SLA PROPERTIES 8 WINCHESTER
INCOME @ TAMPINES JUNCTION
VIVA BUSINESS PARK SINGAPORE VIEW • 30
NTUC INCOME PROPERTIES
6848 5678 • enquiries@kfpam.com.sg
S T R ATA M A N A G E M E N T For owners of strata titled developments, our Strata Management team provides common area management services, managing estates between the range of 50 to 1,100 units. For property developers, we provide advice on the implications of development plans on maintenance charges and handover services. Owners of strata units who reside overseas, or are trustees, corporations and high-net-worth individuals, engage us for landlord-tenant services, including leasing, re-sale, rent collection and general management.
D 'N ES T
TH E VE NU E
T HE L INCO L N MO DE R N
W E S T W O O D R E S IDEN C ES NOVEMBER 2017 - FEBRUARY 2018 • 31
PROPERTY ASSET MANAGEMENT
FOR MORE INFORMATION ON ASSET AND STRATA MANAGEMENT, PLEASE CONTACT:
LOCAL
RESIDENTIAL LOCAL PROJECTS Artist's Impression
Artist's Impression
ARTRA ALEXANDRA VIEW, D03 for sale Guide price : 2-br + study from sgd 1,477,700 Artra at Alexandra is a new mixed development by FEC Skyline at Alexandra View. Comprising commercial units on the 1st floor together with a supermarket and residential units, residents are well pampered with ultimate convenience. Shop, live and buy groceries with everything under one roof.
• • • • • •
Tenure : 99-year Leasehold 2-Bedroom + Study, 3-Bedroom, 3-Bedroom + Study, 5-Bedroom Size : 786 sq ft - 2,583 sq ft Total units : 400 TOP Date : March 2020 Developed by : FEC Skyline Pte Ltd
Eric Liew (CEA Reg No: R021280Z) 9824 9966 eric.liew@sg.knightfrank.com
SINGAPORE VIEW • 32
LOCAL Artist's Impression
PARK PLACE RESIDENCES AT PLQ
Artist's Impression
PAYA LEBAR, D14 for sale Guide price : PRICE ON APPLICATION
LIVE THE CITY LIFE, EAST STYLE Paya Lebar Quarter, Singapore’s most progressive city precinct located at the heart of the URA’s urban regeneration masterplan for Paya Lebar. Three world-class office towers offering exclusive 429-unit premier residences, next generation workspaces and more than 200 retailers with indoor and alfresco dining experiences sit amidst lush green, connected spaces. Directly linked to Paya Lebar MRT station, the interchange of the EastWest Line and Circle Line, it will be the closest commercial hub to the CBD, with superb transport connections across Singapore. • • • • • •
Tenure : 99-year Leasehold 1 to 3-Bedroom Premium Size : 474 sq ft - 1,367 sq ft Total units : 429 TOP Date : 31 December 2020 Developed by : Lendlease
Eric Liew (CEA Reg No: R021280Z) 9824 9966 eric.liew@sg.knightfrank.com
NOVEMBER 2017 - FEBRUARY 2018 • 33
LOCAL
Artist's Impression
QUEENS PEAK DUNDEE ROAD, D03 for sale Guide price : 2-BR from Sgd 1,239,000
WHERE CONVENIENCE MEETS LUXURY Artist's Impression
Artist's Impression
Perfectly positioned in a highly sought after area due to its proximity to the city and CBD, Queens Peak is one of the long awaited residential developments among homebuyers and property investors. The development is blessed with excellent connectivity, has plenty of educational institutions in the area and enjoys the distinct character and tranquility of Queenstown. For the health conscious and nature lovers, there is also a lot to look forward to. Hortpark, Singapore Botanic Gardens, Delta Sports Complex, Queenstown Stadium and many more are located within a distance of less than 2 km. • • • • • •
Tenure : 99-year Leasehold 1 to 5-Bedroom Apartments & Penthouses 425 sq ft - 4,778 sq ft Total units : 736 Developed by : HY Realty (Dundee) Pte Ltd Directly connected to Queenstown MRT station
Eric Liew (CEA Reg No: R021280Z) 9824 9966 eric.liew@sg.knightfrank.com
SINGAPORE VIEW • 34
LOCAL
Artist's Impression
Artist's Impression
SKYSUITES @ ANSON ENGGOR STREET, D02 for sale Guide price : 2-br from sgd 1,449,420
FOR THE DISCERNING Skysuites@Anson is an iconic development that is reshaping the city skyline. Offering magnificent views of the Central Business District, Marina Bay and the upcoming new waterfront district, this stunning structure lights up the night sky charmingly with its gloriously illuminated sky terraces. • • • • •
Tenure : 99-year Leasehold 1 to 3-Bedroom Apartments 365 sq ft – 1,140 sq ft Total Units : 360 Developed by : Allgreen Properties Limited
Eric Liew (CEA Reg No: R021280Z) 9824 9966 eric.liew@sg.knightfrank.com
NOVEMBER 2017 - FEBRUARY 2018 • 35
LOCAL
Artist's Impression
Artist's Impression
MARINA ONE RESIDENCES 21 MARINA WAY, D01 for sale GUIDE PRICE : from Sgd 2,500,000
AN AWARD-WINNING MASTERPIECE Marina One is an integrated development that places you on the pulse of Singapore’s vibrant Central Business District and beyond. Comprising luxury residences, unique retail offerings and Grade-A offices, Marina One is nestled amongst lush greenery and green parks. Marina One Residences is seamlessly connected to four MRT lines (North-South, Circle, Downtown and the upcoming Thomson line) via underground pedestrian walkways and is easily accessible from major expressways. With island-wide connectivity, Marina One Residences is conveniently located to everything you want and possibly need.
SINGAPORE VIEW • 36
• • • • •
Tenure : 99-year Leasehold 1 to 4-Bedroom Apartments & Penthouses 657 sq ft - 8,708 sq ft Total Units : 1,042 Developed by : M+S Pte Ltd
Eric Liew (CEA Reg No: R021280Z) 9824 9966 eric.liew@sg.knightfrank.com
LOCAL Artist's Impression
STARLIGHT SUITES
REVEL AND RELISH IN REALMS OF PLEASURE
price on application
Starlight Suites is a 35-storey high rise building of sleek, modern contemporary design. It is a freehold property located at 11 River Valley Close. The Starlight Suites will be a leisure walk away from the future Great World City MRT station and is just a stone's throw away from Singapore’s busiest and most vibrant shopping district, Orchard Road. As the bright ambience of the shops beckon, residents can take their pick with innumerable choices to suit every lifestyle need and be drawn to the glitter of exquisite dinning choices and titillating nightlife.
Eric Liew (CEA Reg No: R021280Z) 9824 9966 eric.liew@sg.knightfrank.com
• • • • •
11 RIVER VALLEY CLOSE, D09 for sale
Tenure : Freehold 1 to 4-Bedrooms Apartments & Penthouses 560 sq ft – 3,401 sq ft Total Units : 105 Developed by : Meadows Property (S'pore) Pte Ltd
NOVEMBER 2017 - FEBRUARY 2018 • 37
LOCAL
Artist's Impression
S K Y HA BITAT
STAY LANDED, LIVE ELEVATED
Guide price : 2-br + TERRACE from sgd 1,970,440
Rising to the skies from Singapore’s liveliest urban centre, Sky Habitat is a high-rise apartment but in many ways, also a home. Each unit boasts a private garden or outdoor space that opens up to the sky. When regarded collectively, the units are reminiscent of idyllic houses terraced along Mediterranean hillsides, complete with alleys and walkways linking the community of homes on several levels.
Eric Liew (CEA Reg No: R021280Z) 9824 9966 eric.liew@sg.knightfrank.com
• • • • •
BISHAN STREET 15, D20 for sale
SINGAPORE VIEW • 38
Tenure : 99-year Leasehold 1 to 4-Bedroom Apartments & Penthouses 958 sq ft - 3,670 sq ft Total Units : 509 Developed by : CapitaLand Ltd
LOCAL
AMBER SKYE 8 AMBER ROAD, D15 for sale Guide price : 1-br from sgd 1,286,000
A NEW WAVE IN LUXURY LIVING BECKONS The magnificent allure of oceania living is encapsulated in one private residential beacon in the east - Amber Skye. The 22-storey freehold condominium is located in Singapore’s prime district, Amber Road, and is surrounded by prestigious local and international schools with easy access to major expressways and the upcoming Amber MRT station. Luxury living awaits you at Amber Skye.
• • • • •
Tenure : Freehold 1 to 3-Bedroom Apartments, Grandeur, Grand Villas & Penthouses 527 sq ft - 5,177 sq ft Total Units : 109 Developed by : CS Land Pte Ltd
Eric Liew (CEA Reg No: R021280Z) 9824 9966 eric.liew@sg.knightfrank.com
NOVEMBER 2017 - FEBRUARY 2018 • 39
LOCAL
YISHUN STREET 51, D27 for sale 3-BR from Sgd 664,000 Artist's Impression
TH E CRI TERI ON SIX THEMED HAUSES FOR EVERY LIFESTYLE From the tasteful architecture, extensive landscaping and comprehensive facilities to the refined interiors and premium fittings, you will find that The Criterion – a luxurious executive condominium – has indeed raised the bar in every aspect. An extensive network of public transportation and new roads link everything together to make commuting a breeze. Selected units get to enjoy the serene views of Lower Seletar Reservoir and the swimming pool. • • • • • • •
Tenure : 99-year Leasehold 2 to 5-Bedroom Apartments Total Units : 505 Size : 700 sq ft - 1,378 sq ft First EC equipped with Panasonic air conditioners with built-in nanoe-G airpurifying system Expected TOP : Q1 2018 Developed by : City Developments Limited
Eric Liew (CEA Reg No: R021280Z) 9824 9966 eric.liew@sg.knightfrank.com
TH E BROWN STON E AN EXTRAORDINARY EC NEXT TO UPCOMING CANBERRA MRT STATION The Brownstone, a luxury executive condominium located along Canberra drive, features a brown textured façade with unique jetty balconies that take inspiration from New York's brownstone row houses. Just a 3-minute walk to the upcoming Canberra MRT station and well-connected to major expressways such as the SLE, CTE, TPE and future North-South Expressway (NSE), the development enjoys great accessibility to all parts of the Island. • • • • • •
Tenure : 99-year Leasehold 2 to 3-Bedroom Apartments Size : 732 sq ft - 1,130 sq ft Total Units : 638 Expected TOP : Q4 2017 Developed by : City Developments Limited
Artist's Impression
CANBERRA DRIVE, D27
for sale
Guide price : 3-BR FROM SGD 747,200 SINGAPORE VIEW • 40
Eric Liew (CEA Reg No: R021280Z) 9824 9966 eric.liew@sg.knightfrank.com
LIN CO L N S UIT E S
Artist's Impression
PURE INSPIRATION An iconic freehold residence located in Novena, Lincoln Suites is one of the most sought-after residential enclaves in Singapore. • • • • •
Tenure : Freehold Studio to 4-Bedroom Apartments & Penthouses 463 sq ft – 5,522 sq ft Total Units : 175 Developed by : Koh Brothers, Heeton Holdings, KSH Holdings & Lian Beng Group
Eric Liew (CEA Reg No: R021280Z) 9824 9966 eric.liew@sg.knightfrank.com
RE I GNW O O D H A M I LTO N SCO TTS IMAGINE A HOME THAT CELEBRATES YOUR MOST FERVENT PASSIONS Awarded the best residential high rise development by the International Property Awards, Reignwood Hamilton Scotts is an iconic apartment with en-suite elevated sky garages that welcome your arrival with your very own car porch in the sky and a spectacular view of the lush greens at the conserved Goodwood Hills. The distinctive residence invites you to lounge in the subtleties of sublime luxury, with the glitz and glamour of Orchard Road along with the pulse of the city right at your doorstep. • • • • •
Tenure : Freehold 3-Bedroom Apartments & Penthouses Size : 2,756 sq ft – 6,975 sq ft Total Units : 56 Developed by : Sardinia Properties Pte Ltd
Eric Liew (CEA Reg No: R021280Z) 9824 9966 eric.liew@sg.knightfrank.com
37 SCOTTS ROAD, D09 for sale Price on Application NOVEMBER 2017 - FEBRUARY 2018 • 41
LOCAL
KHIANG GUAN AVENUE, D11 for sale Guide price : 3-BR duplex from Sgd 6,101,000
INTERNATIONAL
RESIDENTIAL INTERNATIONAL PROJECTS
JIGSAW WEST EALING, LONDON W13 FOR SALE Guide Price : GBP 420,000 onwards
Linda Chern (CEA Reg No: R030706A) 8228 8836 linda.chern@sg.knightfrank.com
SINGAPORE VIEW • 42
JIGSAW, CONNECT WITH EXCELLENCE Jigsaw is a welcoming and visionary new addition to West Ealing, where the sleek lines sympathetically blend with the verdant tree-lined avenues and garden squares – making this one of London’s most inspired living destinations. Located just a five minute stroll away from West Ealing Overground station and a short walk from Ealing Broadway with its rail and tube connections, Jigsaw is brilliantly connected for all forms of transport. With the arrival of Crossrail at West Ealing in 2019, Jigsaw will be just 11 minutes away from Heathrow Airport, 10 minutes from Paddington Station and just 13 minutes from the world famous shops of Bond Street. • • • • • •
Tenure : 250-year leasehold 1 to 3-Bedrooms Apartments Built Up Area : 538.5 sq ft onwards Total Units : 75 Estimated Completion Date : Q4 2019 Developer : Fabrica & Rydon
INTERNATIONAL
THE DENIZEN LONDON EC1Y FOR SALE Guide Price : GBP 795,000 onwards
DISCOVER THE LIFE WITHIN In the vibrant heart of the city of London, an area rich in culture and architectural history, the Denizen offers a calm, sophisticated environment that delivers the very best of modern living. The apartments are everything a city home should be: spacious, bright, elegant and tranquil. People who live and work in the area know there’s more to the city than finance and business. There are an abundance of cafes, Michelin starred restaurants, bars, markets and shops. A contemporary and elegant landmark, with every detail considered. Individual balconies and sunken gardens answer the need for an outdoor retreat from urban life, and the concierge services help navigate life in the world’s most exciting capital. This is the perfect development for any buyer looking to be in the Centre of London. • • • • • •
Tenure : 154-year Leasehold from Jan 2016 Studio to 3-Bedroom Apartments Built-up Area : 534 sq ft onwards Total Units : 99 Estimated Completion Date : Q4 2019 Developer : Taylor Wimpey Central London
Wen Xiong Danubrata (CEA Reg No: R027628Z) 9199 5476 wenxiong.danubrata@sg.knightfrank.com
NOVEMBER 2017 - FEBRUARY 2018 • 43
INTERNATIONAL
STAINES UPON THAMES LONDON TW18 for sale GUIDE PRICE : gbp 359,950 ONWARDS
THE HOTTEST NEW ADDRESS IN STAINES UPON THAMES Staines upon Thames is a collection of contemporary London-style studios and 1–3 bedroom apartments. They are spread out in four 11-storey buildings connected by an open central courtyard garden. All apartments enjoy private outdoor space with a balcony or terrace, and residents will have exclusive access to the private roof garden. It is fronted by an impressive new piazza with shops, cafes and outdoor seating, making it the center of attention on High Street. Staines-upon-Thames’ proximity to Heathrow Airport and excellent connections via A30, M25, M3 and the M4 are further advantages, making it more than just a place to live; it is a contemporary lifestyle and culture hub.
•
Louisa Yap (CEA Reg No: R031229D) 8522 7520 louisa.yap@sg.knightfrank.com
SINGAPORE VIEW • 44
• • • • •
Tenure : 999-year leasehold from 1st Jan 2016 1 to 3-Bedrooms Apartments Built Up Area : 560 sq ft onwards Total Units: 118 Estimated Completion Date : Q3 2019 (Core D) Developer : London Square
INTERNATIONAL
HAMPSTEAD MAN O R KIDDERPORE AVENUE, LONDON NW3 for sale Guide price : GBP 740,000 onwards
CONTEMPORARY HOMES WITH TIMELESS, CLASSICAL APPEAL Located on a leafy road only moments from the centre of Hampstead Village, the outstanding new development Hampstead Manor embraces all of the qualities that have long made NW3 one of the most desirable British postcodes. The 156 distinguished residences at Hampstead Manor range from studio apartments to four bedroom homes. From crisp contemporary apartments to the immaculate conversion of landmark Grade II listed buildings, the skill demonstrated across the whole development makes Hampstead Manor a unique example of British artistry and imagination. The Hampstead Manor spa and gym is situated in Willoughby. Facilities include swimming pool, sauna, experience shower, spa and gym with a range of contemporary equipment. The development is ideally located, a leafy fifteen minute stroll from Hampstead underground station, which provides Northern line services to the centre.
Linda Chern (CEA Reg No: R030706A) 8228 8836 linda.chern@sg.knightfrank.com
• • • • • •
Tenure : 999-year Leasehold 1, 2 & 3-Bedroom Apartments Built-up Area : 526 sq ft onwards Total Units : 156 Estimated Completion Date : Q4 2018 Developer : Mount Anvil
NOVEMBER 2017 - FEBRUARY 2018 • 45
INTERNATIONAL
CONCERTO 189 ADELAIDE TERRACE, EAST PERTH, WESTERN AUSTRALIA for sale GUIDE PRICE : AUD 595,000 ONWARDS
RHYTHM OF THE CITY Towering over 38 storeys, Concerto places residents right in the heart of the action. Concerto offers magnificent views in literally every direction across to Swan River, Kings Park, the Perth CBD and the Darling Ranges. Apartments on the uppermost floors of the tower take in panoramic views of the Indian Ocean and Rottnest! Perfectly placed between Elizabeth Quay and the Riverside Precinct, you won't be more than a stroll away from shopping, restaurants and entertainment. Indulge in a 25-metre heated swimming pool, gym, private theatrette, games room plus residents lounge and private 14 seat dining room with full kitchen facilities. Concerto plays host to a long list of superb amenities, letting you live, work out and play without leaving home. • • • • • •
Tenure: Freehold 2 & 3-Bedrooms Apartments Built Up Area : 82 sq m onwards Total Units: 226 Estimated Completion Date: Immediate Occupation Developer : Finbar
Wen Xiong Danubrata (CEA Reg No: R027628Z) 9199 5476 wenxiong.danubrata@sg.knightfrank.com SINGAPORE VIEW • 46
INTERNATIONAL
30 E 31 NOMAD, MANHATTAN, NEW YORK, USA FOR SALE Guide Price : USd 1,650,000
Louisa Yap (CEA Reg No: R031229D) 8522 7520 louisa.yap@sg.knightfrank.com
VISIONARY STYLE & DESIGN Residences at 30 E 31 feature expansive floor to-ceiling-windows allowing for abundant natural light and, in many residences, beautiful views of Midtown, the East River, the Empire State Building, and the Southern skyline, including the historic architecture surrounding Madison Square Park. The thoughtfully appointed interiors offer rich finishes and modern luxury amenities, including 7-inch-wide plank European oak flooring, solid core interior doors, designer hardware, and custom architectural millwork throughout.
• • • • • •
Tenure : Freehold 1 & 2-Bedrooms Apartments Built Up Area : 741 sq ft onwards Total Units : 42 Estimated Completion Date : Q2 2019 Developer : Ekstein Development and Pinnacle Realty of New York
NOVEMBER 2017 - FEBRUARY 2018 • 47
INTERNATIONAL
FINANCIAL DISTRICT, MANHATTAN, NEW YORK, USA FOR SALE GUIDE PRICE : USD 1,200,000 onwards
1 25 GREENWICH STREET LIVE AT THE TOP 125 Greenwich Street is a new residential skyscraper designed by world-renowed architect, Rafael Viñoly. This condominium offering includes 273 residences ranging from studios to threebedroom and penthouse residences, featuring oneof-a-kind interiors by March & White. The crowning triplex of amenities is located on the top three floors, 912 feet into the sky spans dining, entertainment, fitness, pool and spa, each with sweeping views of the New Downtown below. Enjoy the view.
SINGAPORE VIEW • 48
• • • • • •
Tenure : Freehold Studio to 3-Bedroom Apartments Built Up Area: 418 sq ft onwards Total Units : 273 Estimated Completion Date : Q2 2019 Developer : Bizzi & Partners and Cindat
Wen Xiong Danubrata (CEA Reg No: R027628Z) 9199 5476 wenxiong.danubrata@sg.knightfrank.com
LOWER EAST SIDE, MANHATTAN, NEW YORK, USA FOR SALE Guide Price : USd 965,000 onwards
Linda Chern (CEA Reg No: R030706A) 8228 8836 linda.chern@sg.knightfrank.com
INTERNATIONAL
196 ORCHARD STREET
A REFRESHING APPROACH TO CONTEMPORARY LIVING Introducing 196 Orchard, a limited collection of beautifully appointed studio to four bedroom condominium residences located at the gateway to Manhattan’s most dynamic neighbourhood – The Lower East Side. Interiors with artistic license, indoor and outdoor amenities including a private rooftop park and a 30,000 sq ft Equinox that raise the bar on comfort, fitness and socialising. Be surrounded by a who’s who of culinary and nightlife options including Ludlow House, Dirty French and Wildair, and the largest selection of trendsetting galleries, performance art spaces and independently curated retailers in New York’s truly original neighbourhood.
• • • • • •
Tenure : Freehold Studio to 4-Bedrooms Apartments Built Up Area : 551 sq ft onwards Total Units : 94 Estimated Completion Date : Q1 2018 Developer : Magnum Real Estate Group and Real Estate Equities Corporation
NOVEMBER 2017 - FEBRUARY 2018 • 49
INTERNATIONAL
2 00 EAST 5 9 T H STREET INSIDE/OUT LIVING 200 East 59th Street sits at the southwest corner of Third Avenue and is a commitment to classic modernism, characterised by innovative design and openness to light. The tower rises to 35 storeys and all residences feature deep continuous wrap-around terraces, creating a seamless transition between indoor and outdoor living spaces. Located at the intersection of Midtown and the Upper East Side, 200 East 59th Street offers residents excellent access to fine dining and shopping destinations, renowned cultural institutions, Central Park, and the Midtown business district.
• • • • • •
Tenure : Freehold 1 to 3-Bedrooms Apartments Built Up Area: 835 sq ft onwards Total Units : 68 Estimated Completion Date : Q2 2018 Developer : Macklowe Properties
SINGAPORE VIEW • 50
MIDTOWN, MANHATTAN, NEW YORK, USA FOR SALE Guide Price : USD 2,170,000 onwards
Louisa Yap (CEA Reg No: R031229D) 8522 7520 louisa.yap@sg.knightfrank.com
CHARLOTTENBURG, BERLIN, GERMANY FOR SALE GUIDE PRICE : EU 299,700 onwards
FOR THOSE WHO APPRECIATE THE FINER THINGS IN LIFE No.1 Charlottenburg is truly an exceptional residential complex in the heart of the vibrant city of Berlin. The project will consist of 272 elegant residential units occupying 15 buildings, located on the banks of the River Spree. Light floods the apartments through oversized floor-to-ceiling windows and the magnificent views, stretching from the gardens and River Spree over the center of Berlin, can be enjoyed from the private balconies and terrace gardens.
• • • • • •
Tenure : Freehold 1 to 3-Bedrooms Apartments Built Up Area : 50.1 sq m onwards Total Units : 272 Estimated Completion Date : Q1 2019 Developer : Cannon & Cannon
Linda Chern (CEA Reg No: R030706A) 8228 8836 linda.chern@sg.knightfrank.com
NOVEMBER 2017 - FEBRUARY 2018 • 51
INTERNATIONAL
NO. 1 CHARLOTTENBURG
INTERNATIONAL
WOHNPANORAMA URBAN LIVING WITH A PANORAMIC VIEW OVERLOOKING THE GREENERY OF PARK AM GLEISDREIECK It is the last opportunity to own a park frontage condominium in this kind of quality. In the area around Wohnpanorama more than elsewhere, Berlin presents itself exactly the way we like it: colourful, diverse, and never a dull moment. Bars, cafés and restaurants both convivial and trendy, fantastic event locations. And with the Park am Gleisdreieck, whose parklands extend over more than 30 hectares, you have one of the city's loveliest and most versatile urban recreational areas right at your doorstep. • • • • • •
Tenure : Freehold 1 to 4-Bedrooms Apartments Built Up Area: 41.8 sq m onwards Total Units : 92 Apartments + 8 Townhouses Estimated Completion Date : Q2 2020 Developer : Klarbau GmBH & Co. KG
SINGAPORE VIEW • 52
KREUZBERG, BERLIN, GERMANY FOR SALE Guide Price : EU 273,528 onwards
Wen Xiong Danubrata (CEA Reg No: R027628Z) 9199 5476 wenxiong.danubrata@sg.knightfrank.com
MITTE, BERLIN, GERMANY FOR SALE
GUIDE PRICE : EU 810,000 onwards
AN EXCITING, DIFFERENT CONCEPT IN THE CREATIVE HEART OF BERLIN A SPACE offers up one of the last authentic loft properties available in the centre of Berlin. Embedded in the beautiful Arkona neighbourhood, not only does it live up to the highest standards in architecture, ambience and interior design, it is also unmistakeably urban and embedded in one of Berlin’s most heart-warming neighbourhoods. Built around 1900, the original four-storey building will obtain a two-storey extension in the form of authentic factory lofts featuring open planned living, kitchen and dining areas that residents can arrange as they please. Most of the balconies and terraces in A SPACE face the expansive inner courtyard, which features separate green areas, seating and play areas. • • • • • •
Tenure : Freehold 1 to 3-Bedrooms Apartments Built Up Area: 102.4 sq m onwards Total Units : 60 Estimated Completion Date : Q4 2017 Developer : Natulis Group AG
Linda Chern (CEA Reg No: R030706A) 8228 8836 linda.chern@sg.knightfrank.com
NOVEMBER 2017 - FEBRUARY 2018 • 53
INTERNATIONAL
A SPACE
INTERNATIONAL
AM HOCHMEISTERPLATZ CHARLOTTENBURG, BERLIN, GERMANY FOR SALE GUIDE PRICE : EU 498,000 onwards
AM HOCHMEISTERPLATZ IS A TOP-CLASS ADDRESS WHICH OFFERS YOU MORE THAN LIVING IN ONE OF THE PRIME LOCATIONS IN BERLIN Its thriving economy and high quality of life is what has propelled Berlin to become Europe’s leading real estate investment metropolis. The ambitious goal of Finest Living is to pay homage to this unique building at a central location. Am Hochmeisterplatz is a place where established values and cultured style combine to form the perfect homage to class and exclusivity. Facing south, the building allows expansive views across the green oasis of the park at its feet, all the way across to the church. • • • • • •
Tenure : Freehold 1 to 6-Bedrooms Apartments Built Up Area : 55 sq m onwards Total Units : 112 Estimated Completion Date : Q3 2019 Developer : Bauwert Group
SINGAPORE VIEW • 54
Louisa Yap (CEA Reg No: R031229D) 8522 7520 louisa.yap@sg.knightfrank.com
Guide Price : from JPY 60 Million
NISEKO, JAPAN FOR SALE
TAKE A LEAP OF FAITH INTO POWDER HEAVEN The Maples situated at the beautiful Hirafu, where it is home to some of the world’s best powder. With a breath-taking view of Mount Yotei, this freehold development will be ideal for families, young professionals and investors looking for a second home within Asia.
• • • • •
• •
Tenure : Freehold Built-up Area : 2-Bedroom : 68.5 sq m onwards 3-Bedroom : 102.34 sq m onwards Total Units : 69 Estimated Completion Date : December 2018 Developer : Keimin Investments Pte Ltd (an associate company of Cathay Organisation Pte Ltd) Ski in and ski out (Ace Family Run) Fully furnished
Louisa Yap (CEA Reg No: R031229D) 8522 7520 louisa.yap@sg.knightfrank.com
NOVEMBER 2017 - FEBRUARY 2018 • 55
INTERNATIONAL
THE MAPLES
INTERNATIONAL
THE ROYAL ATLANTIS RESIDENCES
THE NEW ICONIC RESIDENCES IN DUBAI Located on The Palm, and adjacent to the iconic Atlantis The Palm Resort, The Royal Atlantis Residences include a selection of two, three, four and five-bedroom homes, Sky courts, Penthouses and Garden Suites. The Royal Atlantis Residences, destined to become a world-renowned address, will be home to only the privileged few. Breathtaking architectural design features contemporary living spaces cantilevered into the Arabian sky. Soaring high above the waters of the Arabian Gulf, The Royal Atlantis Residences will stir the senses and marvel the mind. With uninterrupted views towards the ocean or across the waters of The Palm towards the Dubai skyline, these Residences will be an unparalleled home for families and an exceptional place where friends and guests will love to stay. Adorned with a wealth of beautiful bespoke interior design, each home is a haven of space and joy. • • • • • •
Tenure : Freehold 2 to 5-Bedrooms Apartments, Penthouses & Garden Suites Built Up Area: 1,438 sq ft onwards Total Units : 231 Estimated Completion Date : Q3 2019 Architecture: Kohn Pedersen Fox (KPF)
SINGAPORE VIEW • 56
THE PALM, DUBAI, UNITED ARAB EMIRATES FOR SALE GUIDE PRICE : AED 6,995,000 onwards
Wen Xiong Danubrata (CEA Reg No: R027628Z) 9199 5476 wenxiong.danubrata@sg.knightfrank.com
BATAM, INDONESIA FOR SALE
MAKE YOUR MARK IN THE CITY Oxley Convention City is an Integrated development with a thriving ecosystem including an exclusive hotel, an exciting retail and F&B avenue, a vibrant collection of shop units and three 32-storey towers of luxurious residences. Strategically located right at the heart of Batam’s thriving financial district, at the junction of Jalan Sei Panas and Jalan Raja H. Fisabilillah. Oxley Convention City is just a stone’s throw away from major banks such as BNI Bank and OCBC NISP, and mere minutes away from popular destinations such as the Nagoya shopping and food district. • • • • •
Tenure : 35-years HGB (up to 2051) Stuido, 1 to 3-Bedrooms Apartments & Penthouses Area: 272 sq ft – 1,419 sq ft Total Units : 1,635 Developer : Oxley Karya Indo Batam
GUIDE PRICE : studio from IDR 702,888,000 onwards
Eric Liew (CEA Reg No: R021280Z) 9824 9966 eric.liew@sg.knightfrank.com
NOVEMBER 2017 - FEBRUARY 2018 • 57
INTERNATIONAL
OXLEY CONVENTION CITY
LEASING
RESIDENTIAL LEASING
8 @ N A P IE R 8 NAPIER ROAD, D09 for lease ASKING RENT : sGD 9,500 *selected units and subject to changes
A freehold development with luxurious accommodation in a 3-bedroom apartment. Excellent location close to the prestigious Nassim area amongst embassies, and located beside Gleneagles Hospital with top-notch specialist clinics. Within walking distance to the UNESCO heritage and world-famous Singapore Botanical Gardens, the popular Dempsey Hill area, and Tanglin Mall. Includes a private lift, fitted with high-end Gaggenau kitchen appliances, bespoke fixtures and fittings. • • • • •
Tenure : Freehold 3-Bedroom Apartment 2,013 sq ft Partially / Fully Furnished Available immediately
Paul Ryan Soh (CEA Reg No: R022676B) 8233 3852 paulryan.soh@sg.knightfrank.com Nigel Low (CEA Reg No: R022696G) 9794 5224 nigel.low@sg.knightfrank.com SINGAPORE VIEW • 58
SKY SUIT E S @ AN SON SkySuites@Anson is an iconic development that will reshape the city skyline. Located in the heart of the Central Business District at Tanjong Pagar, SkySuites@ Anson lets you move to the pulsating beat of the city. Indulge in many exciting entertainment and leisure amenities nearby such as Marina Bay Sands, the new Arts District, Clarke Quay and Sentosa. The development provides full condo facilities with tennis court, swimming pool, gym, clubhouse and a sky roof terrace with fascinating 360 view of Singapore. • • •
Tenure : 99-year Leasehold 2 to 3-Bedroom Apartments 667 sq ft - 1,011 sq ft
Nigel Low (CEA Reg No: R022696G) 9794 5224 nigel.low@sg.knightfrank.com
TAN CHIN T U A N M A N SI O N Tan Chin Tuan Mansion personifies high-end living with a hint of nostalgia. The building was conceived around a colonial home of one of Singapore’s more prominent bankers. Just a stone's throw away from Orchard Road and Somerset MRT station, each apartment occupies an entire floor, providing its tenants unsurpassed privacy. The development is also surrounded by best shopping belt in Singapore and top international and local schools. • • • •
Tenure : Freehold 3-Bedroom Apartment 3,918 sq ft Spacious layout
Paul Ryan Soh (CEA Reg No: R022676B) 8233 3852 paulryan.soh@sg.knightfrank.com Nigel Low (CEA Reg No: R022696G) 9794 5224 nigel.low@sg.knightfrank.com
CAIRNHILL ROAD, D09 for lease ASKING RENT : sGD 15,000 negotiable NOVEMBER 2017 - FEBRUARY 2018 • 59
LEASING
8 ENGGOR STREET, D02 for lease ASKING RENT : sGD 2,800 - SGD 6,300 negotiable
SALES
RESIDENTIAL SALES
TOH C R E S CE N T
BRAND NEW CLUSTER SEMI-DETACHED HOUSE
TOH DRIVE, D17 ASKING PRICE : sgd 3,000,000
Toh Crescent is a cluster of 10 brand new units of semidetached houses, each with its own enclosed courtyard. Houses are spacious and feature modern architecture, while the main public communal area contains three cascading swimming pools for adults, children and toddlers.
asking rent : sgd 7,500 (NEGOTIABLE)
• • • • •
Tenure : Freehold 5-Bedrooms + 1 Helper room with attached bath Built-in Area : 4,500 sq ft Brand new Spacious, regular layout
Norris Low (CEA Reg No: R022706H) 9768 8881 norris.low@sg.knightfrank.com
SINGAPORE VIEW • 60
H I LLTO P S WHERE GOING HOME IS A LUXURY Luxurious living in a nicely renovated 2-bedroom apartment that would be ideal for single or couple professionals. Fitted with high-end Miele kitchen appliances, bespoke furniture and high-end marble flooring in the living and dining halls. The development has full facilities with concierge services. It is in close proximity to shopping malls, restaurants and supermarkets. • • •
Tenure : Freehold 2-Bedroom Apartment 1,184 sq ft
Paul Ryan Soh (CEA Reg No: R022676B) 8233 3852 paulryan.soh@sg.knightfrank.com
MI CH A E L S ' RE SI DEN CE S 3.5 STOREY SEMI-DETACHED WITH PRIVATE POOL Michaels' Residences is a 99-year leasehold semidetached house located at Chestnut Avenue in District 23. It comprises of 30 semi-detached and 10 detached houses. • • • • •
Tenure : 99-year Leasehold (wef 21 March 2012) 5 bedrooms (2 rooms each on 2nd and 3rd floor, and 1 on the attic) Land Area : 2,215 sq ft Built-up Area : 3,980 sq ft T.O.P in 2015
Paul Ryan Soh (CEA Reg No: R022676B) 8233 3852 paulryan.soh@sg.knightfrank.com Nigel Low (CEA Reg No: R022696G) 9794 5224 nigel.low@sg.knightfrank.com
38 ALMOND AVENUE, D23 ASKING PRICE : sgd 3.5 Million NOVEMBER 2017 - FEBRUARY 2018 • 61
SALES
99 CAIRNHILL CIRCLE, D09 ASKING PRICE : sgd 3,550,000 (NEGOTIABLE)
RETAIL
RETAIL
Artist's Impression
OASIS TERRACES 681 PUNGGOL DRIVE, D19
A LANDMARK IN PUNGGOL ENVISIONED TO BE THE FUTURE OF SUSTAINABLE LIVING AND SOCIAL CO-EXISTENCE As the winner of the 2015 World Architecture Festival for Commercial Mixed-Used Development, Oasis Terraces capitalises on the breath-taking view of the Punggol Waterway and connects to the Oasis LRT station. The estimated retail gross floor area is 295,000 square feet. Oasis Terraces is beyond just a mall. A polyclinic, one of the largest in Singapore, is linked to the mall at Level 2 to Level 5. A sheltered and spacious plaza enables engagement amongst residents while a community garden located on the rooftop serves to satisfy the gardening enthusiasts. Children have a choice of wet or dry play areas found on Level 4 and Level 5 respectively.
Sara Ching (CEA Reg No: R041084I) 9003 8066 • 6228 6846 sara.ching@sg.knightfrank.com
SINGAPORE VIEW • 62
When the mall commences operation in the 1st half of 2018, it will house a supermarket, a food court and an inclusive range of F&B and lifestyle offerings. Notably, approximately fifteen per cent of the total nett lettable area will be dedicated to education and enrichment trades. The trade offering is curated based on residents’ feedback from focus group discussions. Which is why Oasis Terraces is truly a place they can call their own. Knight Frank is the Retail Consultant and Sole Marketing Agent for Oasis Terraces.
RETAIL Artist's Impression
BUANGKOK SQUARE 991 BUANGKOK LINK, D19
SERVING CONVENIENCE IN STYLE Sited in a tranquil part of Hougang, Buangkok Square is one of the second generation neighbourhood centres being developed by the Housing and Development Board. The retail mall has an estimated nett lettable area of 54,000 square feet. It is spread over 3 levels and is integrated with the multi-storey car park serving the residents in the nearby blocks. Level 1 will be anchored by a supermarket while the food court will helm Level 2. The enrichment cluster at Level 3 will welcomed by the students and young families in the vicinity. A community plaza, located right beside the neighbourhood park, is the perfect venue for interaction and collaboration.
Sara Ching (CEA Reg No: R041084I) 9003 8066 • 6228 6846 sara.ching@sg.knightfrank.com
Buangkok Square is set to start serving the residents in the 1st half of 2018. Knight Frank is the appointed Retail Consultant and Sole Marketing Agent.
NOVEMBER 2017 - FEBRUARY 2018 • 63
RETAIL
CITY HALL SQU ARE 10 COLEMAN STREET, D06
AN EXCITING RETAIL AND LIFESTYLE DESTINATION IN THE HEART OF THE CITY City Hall Square is a 3-storey shopping mall located within a 2-minute walk from City Hall MRT Station. The mall is integrated with the Grand Park City Hall, a luxury hotel which is undergoing refurbishment. Positioned as a retail and lifestyle destination, City Hall Square will house a wide variety of fashion, beauty, and dining options from renowned international brands and well-loved local finds. One of the highlights at City Hall Square is the Dining Rhapsody. Set against the conserved St Gregory’s Place, it will present an array of curated restaurants offering more than gastronomical satisfaction.
Sara Ching (CEA Reg No: R041084I) 9003 8066 • 6228 6846 sara.ching@sg.knightfrank.com
SINGAPORE VIEW • 64
City Hall Square is expected to commence operations in the 2nd quarter of 2018. Knight Frank is the Retail Consultant and Sole Marketing Agent for City Hall Square.
RETAIL
71 OXLEY RISE, D09
THE RI S E @ OXLEY Located just off the main Orchard Road shopping belt and a short walk from Dhoby Ghaut MRT station, The Rise @ Oxley provides a tranquil yet accessible locale for businesses. The development has 29 commercial units spread over 2 levels, located just below the residential units. The retail podium will not only serve the residents living in the vicinity but also those working in the offices nearby. The retail shops in The Rise @ Oxley are targeted to commenced business from Q1 2018 onwards.
Fauzul Darke (CEA Reg No: R012602D) 8254 3954 • 6228 7336 fauzul.darke@sg.knightfrank.com
FLO RA V IS TA Located at the cross junction of Yio Chu Kang Road and Ang Mo Kio Street 66, the retail podium is surrounded by many private residential enclaves and light industrial developments. There are 28 retail and F&B units located on street level for lease. The development has just obtained its TOP and the retail shops in Flora Vista are targeted to commenced business from Q4 2017 onwards.
Fauzul Darke (CEA Reg No: R012602D) 8254 3954 • 6228 7336 fauzul.darke@sg.knightfrank.com
7 ANG MO KIO STREET 66, D20 NOVEMBER 2017 - FEBRUARY 2018 • 65
LOCALLY EXPERT, GLOBALLY CONNECTED.
United Kingdom
The Americas 15 Countries Argentina / Brazil /Canada / Chile Colombia/ Costa Rica Dominican Republic Mexico / Peru Puerto Rico / The Caribbean (4) USA
85 2,145 OFFICES
PEOPLE
169 5,475 OFFICES
PEOPLE
23 700 OFFICES
PEOPLE
Africa 10 Countries Botswana / Kenya / Malawi / Nigeria Rwanda / South Africa Tanzania Uganda / Zambia / Zimbabwe
OUR SINGAPORE OFFICES Knight Frank Pte Ltd Head Office: 10 Collyer Quay #08-01 Ocean Financial Centre Singapore 049315 Tel: 6222 1333 | Fax: 6224 5843 | Reg. No: 198205243Z | CEA Licence No: L3005536J Knight Frank Property Asset Management Pte Ltd 160 Paya Lebar Road #05-05 Orion@Paya Lebar Singapore 409022 Tel: 6848 5678 | Fax: 6848 5600 | Reg. No: 200007671Z | CEA Licence No: L3009602I KF Property Network Pte Ltd 491B River Valley Road #07-02 Valley Point Singapore 248373 Tel: 6372 7333 | Fax: 6372 7300 | Reg. No: 199906877R | CEA Licence No: L3008430D SINGAPORE VIEW • 66
418 OFFICES Continental Europe
60 COUNTRIES
16 Countries Austria / Belgium / Cyprus Czech Republic / France Germany / Ireland / Italy / Monaco The Netherlands / Poland / Portugal Romania / Russia / Spain Switzerland
80 1,035 OFFICES
PEOPLE PEOPLE
3 50
OFFICES
PEOPLE
58 5,615 OFFICES
PEOPLE
The Middle East
Asia Pacific
2 Countries
14 Countries
The Kingdom of Saudi Arabia The United Arab Emirates
Australia / Cambodia / China / Hong Kong India / Indonesia / Japan / Malaysia New Zealand / Philippines / Singapore / South Korea / Taiwan / Thailand
OUR SERVICES Auction | Asset Management | Consultancy & Research | Industrial Services | Investment & Capital Markets | Office Advisory | Residential Services | Retail Services | Strata Management | Valuations |
For enquiries, please contact us at KnightFrank.com.sg/contact Disclaimer: 1. The information in this magazine was provided to Knight Frank by vendors of the respective properties, and accordingly Knight Frank cannot guarantee its accuracy. Knight Frank has not undertaken an independent review of the information and prospective purchasers should make their own enquiries to satisfy themselves as to the accuracy of the information. 2. The photographs contained in this magazine show only certain parts of the respective properties as they appear at the time they were taken. Any computer-generated or digitally enhanced images give only an indication as to how the property may look. Areas, measurements and distances given are approximate only. 3. Price guides may be subject to currency fluctuations. Any currency conversions are approximate at the time of printing.
NOVEMBER 2017 - FEBRUARY 2018 • 67
KnightFrank.com.sg SINGAPORE VIEW • 68