Knight Frank Singapore View | Mar - Jun 2017 by Knight Frank Singapore

SINGAPORE VIEW MA R 2017 - JUN 2017 A COLLECTION OF THE FINEST PROPERTIES & DEVELOPMENTS

MARCH 2017 - JUNE 2017 â&#x20AC;¢ 1

CONTENTS 12

AUCTION THE CLAREMONT HOTEL

INDUSTRIAL 38 JALAN BUROH

INVESTMENT & CAPITAL MARKETS RIO CASA

OFFICE FRAGRANCE EMPIRE BUILDING

34 65

RESIDENTIAL (LOCAL) PARK PLACE RESIDENCES

RESIDENTIAL (SALES) SEASCAPE @ SENTOSA COVE

RESIDENTIAL (LEASING) TAN CHIN TUAN MANSION

SINGAPORE VIEW • 2

RESIDENTIAL (INTERNATIONAL) MARDALUP

WELCOME

MARKET RESEARCH

ADVISORY SERVICES

AUCTION

INDUSTRIAL

INVESTMENT & CAPITAL MARKETS

OFFICE

PROPERTY ASSET MANAGEMENT

RESIDENTIAL LOCAL PROJECTS

RESIDENTIAL INTERNATIONAL PROJECTS

RESIDENTIAL LEASING

RESIDENTIAL SALES

RETAIL

RETAIL DOWNTOWN EAST

MARCH 2017 - JUNE 2017 • 3

WELCOME Times are a changing. Following the recent ease in cooling measures, home owners need only wait 3 years instead of 4 years from the date of purchase before selling their properties, in order to avoid paying seller’s stamp duties (SSD). The announcement offers a glimmer of hope in a season of worry, and is set to improve sentiments amongst buyers. On the flipside, the introduction of the Additional Conveyance Duty (ACD) now imposes a further 15% levy atop prevailing share duty taxes, for shares transferred between property-owning companies, and thus the development’s remaining units. Developers are now caught in a bind, already facing pressure to offload unsold units within a given time frame to avoid incurring additional charges. With fewer options on the table, the effects are expected to ripple through the market. In the private residential market, average resale prices across all fell on a yearon-year basis, led by the high-end segment’s sharp fall in prices in H1 2016. However, prices were firm across all market segments on a quarter-on-quarter basis, on the back of a steady return in interest and acceptance of price levels for private homes. In the mass market segment, gross rental yields fell, with average rent declining at a faster rate relative to average prices. With nearly 15,000 private homes scheduled for completion in 2017, the region is likely to see continued falls in home rentals. Amidst a toughening retail climate, prime rents for retail spaces along Orchard Road declined gradually, although international brands continue to value the shopping belt for the establishment of flagship stores and cementation of brand presence. Comparatively, average rents of suburban prime spaces witnessed the largest drop amongst locations tracked, with weaker malls weighing on the overall performance of the basket while stronger malls continue to see rents hold firm. With growing competition from the e-commerce sector, increased innovation and promotional activity are expected to rise, to capture and engage the minds of consumers. Rents of Grade A office spaces in the Shenton Way / Robinson Road / Tanjong Pagar area grew 1.7% q-o-q, putting a halt to six consecutive quarters of decline, largely attributed to the strong take-up of office spaces at the recently-completed Guoco Tower. The narrowing rental premium of Grade A+/A offices in the Raffles Place / Marina Bay area over other Grade A offices in secondary areas in the city also presents a strong value proposition, particularly for tenants who had been crowded out as a result of rising rents in the area between 2013 and H1 2015, and are considering returning to the CBD. After five months of contraction, the Purchasing Managers’ Index (PMI) rose to between 50.0 and 50.6 in the last three months of 2016, reflecting improved sentiments in the manufacturing sector due to quicker rates of expansion in factory output, inventory holding, new orders and new exports. 2017 will also see an influx in industrial space supply, with 26.3 million sq ft or 55.6% of total industrial space slated for completion by 2017. We are also proud to report that this issue marks the first of many digital copies you will be receiving of Singapore View, as we do our bid towards promoting greater environmental friendliness. Thank you for joining us in the march towards the digital frontier, and greener pastures.

SINGAPORE VIEW mar 2017 - jun 2017

EDITOR Liew Lixia RESEARCH CONTENT Alice Tan MARKETING Phyllis Goh DESIGNER Regina Ang

Danny Yeo Group Managing Director Knight Frank Pte Ltd

SINGAPORE VIEW • 4

COVER IMAGE PARK PLACE RESIDENCES READ MORE ON PAGE 34

MARCH 2017 - JUNE 2017 • 5

RETAIL OFFICE INDUSTRIAL

Rents of Grade A office space in the Shenton Way / Robinson Road / Tanjong Pagar grew 1.7% q-o-q, putting a halt to six consecutive quarters of decline in the area. This can be attributed to the strong take-up of office spaces at the recently-completed Guoco Tower.

$2,103 $1,556 $1,001

$1,969 $1,484 $ 971

Y-O-Y CHANGE -6.4% -4.6% -3.0%

AVERAGE OFFICE RENTALS, BY KEY PRECINCTS IN Q4 2016 Q-O-Q CHANGE

CBD (GRADE A+, GRADE A)

S$9.20 S$9.70

S$8.10 S$8.60

AVERAGE RENTS (S$ PER SQ FT STRATA AREA PER MONTH) HIGH-END MID-TIER MASS-MARKET

Close to 15,000 private homes are slated for completion in 2017 – before the pipeline tapers, according to latest available statistics from URA at the time of this publication. The Outside Central Region (OCR) will contribute more than half (55%) of this upcoming supply (Exhibit 2), and the region is likely to see continued falls in home rentals.

$ 5.24 $ 4.33 $ 2.90

$ 4.96 $ 4.15 $ 2.73

2.99% 3.34% 3.48%

3.02% 3.36% 3.37%

-5.3% -4.1% -6.0%

GROSS YIELDS (%) HIGH-END MID-TIER MASS-MARKET

-1.2%

-1.4%

OTHERS

(OUTSIDE CBD)

S$8.00 S$8.50

S$7.80 S$8.30 S$4.70 S$6.90

1.7%

-2.4%

-1.2%

-0.9%

-1.6%

S$4.20 S$5.30

-1.1%

Source: Knight Frank Research (1) Rents are based on transacted leases (2) Rents are based on a lease term of at least three years (3) Rents are expressed as values rounded to nearest 10 cent (4) 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

UPCOMING OFFICE SUPPLY, AS AT JANUARY 2017

UPCOMING PRIVATE RESIDENTIAL SUPPLY, BY MARKET SEGMENT, AS AT Q4 2016 Source: URA, Knight Frank Research

S$7.60 S$8.10 RAFFLES PLACE/ MARINA BAY GRADE A

Gross rental yields fell in the massmarket segment, with average rent having declined at a faster rate relative to average prices. In contrast, the high-end and midtier segments achieved better gross rental yields compared to a year ago (Exhibit 1).

S$7.90 S$8.40

CENTRAL AREA

SUBURBAN AREAS

HIGH-END MID-TIER MASS-MARKET

Q4 2016

FRINGE AREAS

AVERAGE RESALE PRICES Q4 2015 (S$ PER SQ FT STRATA AREA)

ORCHARD GRADE A

Source: REALIS, (based on data as at 17 February 2017), URA (based on rental contract data as at 17 February 2017), Knight Frank Research

CITY HALL GRADE A

Based on Knight Frank’s analysis of a basket of private residential properties, the average resale prices across all market segments fell, on a year-onyear (y-o-y) basis. This was led by the high-end segment which saw a more pronounced price fall in H1 2016. On a quarter-on-quarter (q-o-q) basis, prices were firm across all market segments. The slower price decline came on the back of gradually returning interest for private homes, as the market exhibit general acceptance of current price levels.

The search for strong and stable locations for business growth and the hunt for capital safe havens will form two key business themes in 2017. Businesses will likely take on a more cautious stance in 2017, as the US Federal Reserve is expected to raise benchmark interest rate three times next year. The two-tiered performance in the prime office market is expected to gather pace, as waves of tenants in older Grade A offices start to relocate to higher quality Grade A+ buildings. As total upcoming office supply is expected to peak in 2017 with approximately 3.7 million sq ft Gross Floor Area (GFA) slated for completion, prime office rents will continue to moderate by 6.0% to 9.0% over 2017.

MARINA CENTRE/ SUNTEC GRADE A

AVERAGE RESALE PRICES, RENTS AND GROSS YIELDS OF PRIVATE RESIDENTIAL PROPERTY, BY MARKET SEGMENT

SHENTON WAY/ ROBINSON ROAD/ TANJONG PAGAR GRADE A

RESIDENT I AL

SUBURBAN ORCHARD

CCR RCR OCR

>2021

FRINGE (WEST) FRINGE (EAST) SUNTEC/MARINA/CITY HALL & REST OF CENTRAL AREA SHENTON WAY/ROBINSON ROAD/TANJONG PAGAR MARINA BAY/RAFFLES PLACE

BEYOND

2021

2020/NA

2020

2019

2019 2018

2018

2017

NO.OF UNITS

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

GROSS FLOOR AREA (’000 SQ FT)

1,000

2,000

3,000

4,000

Source: URA, Knight Frank Research *Upcoming office supply for the time period “Beyond 2020/NA” includes the White Site at Central Boulevard. For the purpose of this analysis, the minimum office GFA of 100,000m2, based on details of the land parcel as released by URA, is adopted.

SINGAPORE VIEW • 6

MARCH 2017 - JUNE 2017 • 7

OFFICE RESEARCH

The office market continued to slip over all four quarters of 2016, extending its decline which, for most market segments and locations, began in the first half of 2015. The flight to Grade A+ buildings in the Raffles Place / Marina Bay district continues to make sense for many businesses, as average rents fell 10.0% over the year. All in all, rents of Grade A+ spaces in the district have fallen 16.4% from the last peak in Q1 2015. Similarly, Grade A office space in Raffles Place / Marina Bay declined 10.9% over the year to reach $8.30 psf pm. The narrowing rental premium of Grade A+/A office in Raffles Place / Marina Bay over other Grade A offices in secondary areas in the city presents a strong value proposition, for tenants who had been crowded out as a result of the rising rents in the area between 2013 and H1 2015, and are considering returning to the CBD.

RAFFLES PLACE/ MARINA BAY GRADE A+

RESIDENTIAL RESEARCH

MARKET RESEARCH SYN OPSIS

O FFICE

RESIDENTIAL

INDUSTRIAL SPACE SUPPLY IN THE PIPELINE, AS AT Q4 2016

AVERAGE GROSS RENTS OF PRIME RETAIL SPACES FOR Q4 2016

Overall, average island-wide prime retail rents saw further moderation in Q4 2016. Despite the tough retail climate, the drop in rents for prime retail spaces along Orchard Road was marginal as it is still highly valued by international retailers to establish the presence of their brands, products and services. Average rents of prime spaces in the Suburban area saw the largest decline among the various locations tracked, with weaker malls weighing on the overall performance of the basket while stronger malls continue to see rent hold firm.

Source: JTC, Knight Frank Research

MULTIPLE-USER FACTORY

Due to the challenging retail scene, landlords are likely to take on a proactive role to initiate more advertising and promotional activities to attract shoppers into malls. With growing competition from the e-commerce sector, retailers are also expected to explore innovative concepts to create an unique shopping experience for consumers. This includes omni-channeling and the adoption of technologies to enhance consumer engagement.

LOCATION

$ PER SQ FT PER MONTH

ISLANDWIDE

S$30.90

ORCHARD ROAD

S$35.00

MARINA CENTRE, CITY HALL, BUGIS

Going forward, the retail outlook in 2017 is likely to continue as a ‘bumpy ride’ for both landlords and retailers. Average rents in the Central Region are envisaged to fall by 5.0% to 8.0% by Q4 2017, while more resilient prime rents moderate by up to 3.0% y-o-y in the same period. Island-wide occupancy is expected to hover between 90.0% and 92.0% in 2017.

CITY FRINGE

SUBURBAN

Y-O-Y CHANGE Q-O-Q CHANGE

-2.0%

2019

-0.7%

2018 2017

-0.7% -0.2%

S$30.90

5,000

10,000

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

-3.3%

Q3 2016

S$29.00

-3.3% -1.8%

S$1.86 S$1.88 1.2%

S$1.55 S$1.62

2018 PIONEER TUAS

NETT LETTABLE RETAILSPACE (’000 SQ FT)

1,000

Q-ON-Q % CHANGE

4.4%

WOODLANDS SEMBAWANG ADMIRALTY YISHUN

1,200

1,400

BUKIT MERAH ALEXANDRA JALAN KILANG PASIR PANJANG

As at Q4 2016, an estimated gross floor area (GFA) of 16.1 million sq ft of multiple-user factory, 18.6 million sq ft of single-user factory, 12.3 million sq ft of warehouse and 0.3 million sq ft of business park space are slated for completion by 2021. About 26.3 million sq ft or 55.6% of the total industrial space supply will be completed by 2017, with single-user factory accounting for 39.6% of this supply.

KAKI BUKIT UBI PAYA LEBAR EUNOS

KALLANG GEYLANG BENDEMEER

S$3.06 S$3.06

S$1.62 S$1.71 6.1%

-2.6%

MACPHERSON TAI SENG DEFU

IN DUSTRI AL The Singapore Purchasing Manager's Index (PMI) showed improved sentiments within the manufacturing sector. After five quarters of contraction, the PMI improved to between 50.0 and 50.6 in the last three months of 2016 due to faster rate of expansion in factory output, inventory holding, as well as new orders and new exports. Factory output also grew 11.9% year-on-year (y-o-y) in November 2016. On a three-month moving average basis, manufacturing output increased 6.9% in November 2016 compared to a year ago. The increase was mainly supported by the increased output in the biomedical manufacturing cluster (+34.8% y-o-y), the electronics cluster (+24.2% y-o-y) and the chemical cluster (+3.5% y-o-y).

S$1.84 S$1.80

SERANGOON ANG MO KIO LORONG CHUAN TOA PAYOH PEMIMPIN

CLEMENTI TOH TUCK BUKIT BATOK

800

Q4 2016

S$1.37 S$1.43

2019

600

30,000

NO CHANGE

FRINGE AREA DOWNTOWN CORE ORCHARD REST OF CENTRAL AREA SUBURBAN

2017

25,000

AVERAGE MONTHLY GROSS RENTALS FOR CONVENTIONAL INDUSTRIAL SPACE, BY KEY CLUSTERS

MAJOR UPCOMING RETAIL SUPPLY FROM MAJOR DEVELOPMENTS IN KEY PRECINCTS Source: Knight Frank Research Note: (1) Only retail space of at least 50,000 sq ft NLA is included, (2) As at Q4 2016, there is no major upcoming retail supply expected in 2020 onwards.

20,000

15,000

-2.5% -1.6%

S$24.70

GROSS FLOOR AREA (’000 SQ FT)

4.6%

400

WAREHOUSE

2020

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.

200

BUSINESS PARK

2021

About 2.5 million sq ft of net lettable retail space for major malls is slated for completion between 2017 and 2019 in Singapore, averaging 0.8 million sq ft of new major retail space per year. An estimated 0.7 sq ft of net lettable major retail space is slated for completion in the whole of 2017.

SINGLE-USER FACTORY

BUSINESS PARK (ISLANDWIDE)

S$4.25 NO CHANGE S$4.25

NO CHANGE

S$2.84 S$2.73

AVERAGE

-0.4%

-3.8%

S$2.26 S$2.10 -7.1%

S$2.05 S$2.04

Some of the upcoming major developments expected to be ready by 2017 include JTC Space @ Tuas (1.7 million sq ft GFA), Carros Centre @ Jalan Lam Huat (1.2 million sq ft GFA) and Ace @ Buroh (475,764 sq ft GFA). SINGAPORE VIEW • 8

MARCH 2017 - JUNE 2017 • 9

INDUSTRIAL RESEARCH

RETAIL RESEARCH

RETAIL

ADVISORY SERVICES

VA LUATIO NS With a track record of more than 75 years in Singapore, Knight Frank’s Valuation 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 valuation 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.

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 of 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.

Knight Frank was appointed by Ascendas Real Estate Investment Trust for the portfolio valuation of 15 light industrial properties, totalling more than 2.4 million square feet of industrial space. We were also the appointed valuer for Mapletree Commercial Trust for the valuation of VivoCity, Singapore’s largest mall with over 1 million square feet of retail area spread over a 3-storey shopping complex and two basement levels. 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 and Managing Director 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

FOR MORE INFORMATION, PLEASE CONTACT:

Alice Tan Director and Head, Consultancy & Research T: 6228 6833 E: alice.tan@sg.knightfrank.com SINGAPORE VIEW • 10

MARCH 2017 - JUNE 2017 • 11

NASSIM ROAD, D10

AUCTION

for SALE

TH E CLA REM ON T H O TEL

NASSIM PARK RESIDENC ES LUXURY AT SINGAPORE’S EMBASSY ROW

Conveniently located at the junction of Serangoon Road and Owen Road, the property is within the Little India district and only a 3-minute walk to Farrer Park MRT Station.

Luxury and prestige awaits you at this serene and quiet development along Nassim Road.

Located in close proximity to shopping malls such as City Square Mall and Mustafa Centre, the area offers an array of shopping, lifestyle, hospitality and healthcare amenities, including Connexion and Farrer Square Medical Suites).

• • • • •

• • • •

Tenure : Freehold Area : 4,838 sq ft Built up area : 30,591 sqf t Zoning : Hotel

• • •

Tenure : Freehold Area : 4,833 sq ft Ground floor, premium stack 4 Bedrooms + Study Area Tastefully renovated with quality, imported finishing Private outdoor swimming pool and lift Professional, temperature-controlled Short stroll to Orchard Road, Tanglin Mall & St Regis

Guide price: $88 million

Sharon Lee (CEA Reg No: R027845B) 9686 4449 • 6228 6891 sharon.lee@sg.knightfrank.com

301 SERANGOON ROAD, D08

FOR SALE

SOM M ERVI LLE PA RK

VOLARI @ BALMORAL

SPACIOUS TOWNHOUSE NEAR BOTANIC GARDENS

Volari is a 12-storey condominium consisting of 80 apartments and 5 penthouses. The recreational facilities provided are seemingly endless – a 50-metre lap pool, spa pool, splash pool, reflective pool, a massage pavilion, outdoor dining pavilion, sun deck, meditation decks, function rooms, a sunken lounge, massage shower, gymnasium, playground and changing rooms that also house steam rooms. Ample car park lots are available at the basement level.

Foreigners may consider this spacious 3-storey townhouse, located within a condominium development in District 10. • • • • • • • •

93 FARRER DRIVE, D10 bank SALE SINGAPORE VIEW • 12

Leonard Lee (CEA Reg No: R043159E) 9001 4110 • 6228 6820 leonard.lee@sg.knightfrank.com

Tenure : Freehold Area : 4,101 sq ft 3-storey, split-levels 4 Bedrooms + Helper’s room Full condominium facilities Located near Botanic Gardens, off Farrer Road Short walk to Farrer Road MRT, on the Circle line Few minutes’ drive to Holland Village / Orchard

Leonard Lee (CEA Reg No: R043159E) 9001 4110 • 6228 6820 leonard.lee@sg.knightfrank.com

• • • •

Tenure : Freehold Area : 3,950 sq ft 2-Level Penthouse with 4 Bedrooms and pool Includes a private lift, faces lush greenery, is near good schools and the MRT station

Guide price: $6.XX million

Sharon Lee (CEA Reg No: R027845B) 9686 4449 • 6228 6891 sharon.lee@sg.knightfrank.com

12 BALMORAL RD, D10 bank sale MARCH 2017 - JUNE 2017 • 13

AUCTION

GUL LINK

S I M L I M S QU A R E

T H E W EST CO M

LEN G KO K M AR IAM

13 GUL LINK, D22

1 ROCHOR CANAL ROAD, D07

1 TUAS SOUTH AVENUE 6

LENGKOK MARIAM, D17

for SALE

bank SALE

for SALE

A JTC STANDARD SINGLE-STOREY INTERMEDIATE TERRACE FACTORY WITH MEZZANINE LEVEL

THE GO-TO MALL FOR IT AND ELECTRONIC PRODUCTS

The B2 ramp-up factory is strategically located at Tuas the epicentre of industrial growth in Singapore. Located nearby are the new Tuas West Road Extension viaduct and accompanying MRT station, which are set to open soon.

The immediate locality is a residential area predominated by detached, semi-detached houses and condominium developments. Shops, a food centre, markets and other amenities are located at the nearby HDB Tampines and Pasir Ris New Towns. The subject property is just a few minutes’ drive from the ECP, TPE and PIE.

• • • • • •

Tenure : 30+30 years wef 1/8/1994 Site / Gross Floor Area: Approx.14,720 sq ft / 11,912 sq ft 2014 Master Plan Zoning : Business 2 Easily accessible via the AYE and PIE The upcoming Gul Circle MRT station is situated in the vicinity GST is payable

Tricia Tan (CEA Reg No: R021904I) 9387 9668 • 6228 7349 • tricia.tan@sg.knightfrank.com

CO N CO R D E HO TEL & SHO PP IN G MAL L 100 ORCHARD ROAD, D09 bank SALE Ideally located along Orchard Road, between Dhoby Ghaut and Somerset MRT. The two adjoining shop units available are suitable for F&B usage, with dual glass frontage. • • • • •

Tenure : 99-year Leasehold Size : 2,455 sq ft Direct access from ground level Water point, floor trap and self-contained toilet Formerly tenanted as a restaurant

Leonard Lee (CEA Reg No: R043159E) 9001 4110 • 6228 6820 • leonard.lee@sg.knightfrank.com SINGAPORE VIEW • 14

Various units of retail shops available, both on the ground floor and upper levels. • • • •

Tenure : 99-year Leasehold Size : Approx. 350 sq ft - 450 sq ft Retail shops on various floors Attractively priced to sell

• • • •

Tenure : 60 years wef July 1996 Area : 3,086 sq ft B2 Factory GST payable

Guide price: $780,000 Leonard Lee (CEA Reg No: R043159E) 9001 4110 • 6228 6820 • leonard.lee@sg.knightfrank.com

Noelle Tan (CEA Reg No: R047713G) 9766 7797 • 6228 7380 • noelle.tan@sg.knightfrank.com

PAYA U B I I N D PA R K

JO O L SUI T ES

53 UBI AVE 1, D14 for SALE

2 SING JOO WALK, D08

• • •

Tenure : Freehold Area : 6,136 sq ft Designer décor, near Loyang Point, ample parking, good, greenery-facing view

Guide price: $6.xxm Sharon Lee (CEA Reg No: R027845B) 9686 4449 • 6228 6891 • sharon.lee@sg.knightfrank.com

F O RT UN E JADE

501 DUNMAN ROAD, D15

bank SALE

for SALE

Rare ground floor corner unit with good frontage.

Jool Suites is a 5-storey residential block comprising 48 apartment units. Facilities include a swimming pool and both basement and ground level car parks.

Fortune Jade is an 18-storey residential development accommodating a total of 85 units of apartments. Parkway Parade/ Kallang Leisure Mall/ Sports Hub are all within minutes.

• • • • •

• • •

• • • •

STRATA TERRACE-STYLE B1 FACTORY

•

Tenure : 60-year Leasehold wef 1996 Size : Approx. 6,760 sq ft 2-Storey + basement, terrace-style factory Ground floor, corner unit facing PIE 40-ft container parking bay and 2 private car park lots Private passenger lift

Leonard Lee (CEA Reg No: R043159E) 9001 4110 • 6228 6820 • leonard.lee@sg.knightfrank.com

Tenure : Freehold Area : 624 sq ft 2 Bedroom Apartment

Tenure : Freehold Area : 1,216 sq ft Good layout, spacious Short stroll away from East Coast Park

Guide price: $12xx psf

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 MARCH 2017 - JUNE 2017 • 15

3 8 JA L A N BU R O H 38 JALAN BUROH, D05 FOR lease

A 9-STOREY RAMP-UP WAREHOUSE WITH MEZZANINE FLOOR The property is strategically located along Jalan Buroh, 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) Veronica Chao (CEA Reg No: R027818E) Jean Liow (CEA Reg No: R002927D) 6100 0640 • ind@sg.knightfrank.com

SINGAPORE VIEW • 16

• • • • •

Target TOP Date : Q2 2017 Area Per Floor : Up to 82,000 sq ft (Sub-division subject to landlord’s approval) 2014 Master Plan Zoning : Business 2 Floor to Floor Height : Up to 13.50 m Floor Loading : Up to 25 kN/m2 Loading/Unloading : 14 loading/unloading bays with dock levellers per floor Column Span : Generally 11.4 m X 10.8 m

INDUSTRIAL

LAM SOON INDUSTRIAL BUILDING 63 HILLVIEW AVENUE, D23 for sale

A 10-STOREY FLATTED FACTORY INDUSTRIAL BUILDING WITH A CANTEEN AND CAR PARK ON THE 6TH STOREY The subject development is located along the eastern side of Hillview Avenue, off Upper Bukit Timah Road and strategically located near Bukit Batok Industrial Estate. It is well-connected to the rest of the island via major expressways Pan Island Expressway (PIE) and Bukit Timah Expressway (BKE), and is within 5 minutes’ drive to Hillview MRT Station and Rail Mall.

• • • Alvin Teng (CEA Reg No: R002950I) Gerald Quek (CEA Reg No: R002959B) 6100 6261 • ind@sg.knightfrank.com

• • •

Tenure : Freehold Site Area : Approx. 230,915 sq ft Total Strata Area Available For Sale : From approx. 1,200 sq ft to 6,100 sq ft Ceiling Height : Up to 4.35 m Floor Loading : Up to 15 kN/m2 Loading/Unloading : 40 loading bays, 28 of which are of hydraulic dock levellers

MARCH 2017 - JUNE 2017 • 17

9 TU A S LI N K 2 A JTC STANDARD (TYPE D8) SINGLE STOREY DETACHED FACTORY WITH MEZZANINE LEVEL The subject property is located at Tuas Link, off Tuas West Road and is easily accessible by transport connections through the Tuas Link and Tuas West Road MRT stations (ready in 2017) and AYE, KJE and PIE. The Property is situated within a cluster of JTC standard and purpose-built factories and is in close proximity to the Tuas 2nd Link checkpoint for quick access to and from Malaysia. • • • • •

Tenure : Leasehold 30+30 years (wef 1996) Land Area : 66,000 sq ft Gross Floor Area : 30,000 sq ft 2014 Master Plan Zoning : B2 with 1.4 plot ratio Direct access to ground floor level, high ceiling and column free layout

Located at the western end of Singapore off Tuas West Road, the subject property is about 500m away from the future Tuas West Station. It is also close to the Tuas second link and easily accessible to other parts of Singapore via Tuas West Road, AYE and PIE. • • • • • •

Tenure : JTC Leasehold of 30+28 years from 1997 Land Area : Approx. 44,400 sq ft Floor Area : Approx. 25,000 sq ft 2014 Master Plan Zoning : B2 with 1.4 plot ratio Ceiling Height : Approx. 6.45 m Floor Loading : 12.5 kN/m2

17 WOOD LA NDS TERRA CE

SHINE @ TUAS SOUTH

A 2-STOREY JTC DETACHED STANDARD FACTORY WITH EXTENDED MEZZANINE FLOOR AND REAR EXTENSION

PROPOSED MULTI-USER 6-STOREY RAMP-UP B2 INDUSTRIAL DEVELOPMENT

• • • •

SINGAPORE VIEW • 18

JTC TYPE ‘C8 EXTENDED’ DOUBLESTOREY DETACHED STOREY WITH MEZZANINE FLOOR

Alvin Teng (CEA Reg No: R002950I) 9380 8662 • 6228 6893 alvin.teng@sg.knightfrank.com

•

17 WOODLANDS TERRACE, D25 for sale

TUAS AVENUE 12

Alvin Teng (CEA Reg No: R002950I) 9380 8662 • 6228 6893 alvin.teng@sg.knightfrank.com

The subject property is located along Woodlands Terrace, within the Woodlands Industrial Estate and is located in the northern part of Singapore. It is accessible to other parts of Singapore via an extensive transportation network comprising the BKE, SLE and PIE, providing efficient linkages to Woodlands checkpoint. It is also approximately 8 minutes’ drive from Admiralty and Sembawang MRT Stations. Tenure : Leasehold 30+30 years (wef April 1996) Land Area : 5,014.20 sq m (approx. 53,972.35 sq ft) Gross Floor Area : 3,527.10 sq m (approx. 37,965.35 sq ft) 2014 MP Zoning : Business 2 with 2.5 plot ratio Floor Loading : 1st floor 15 kN/m2, 2nd floor 5 to 12.5 kN/m2

Alvin Teng (CEA Reg No: R002950I) 9380 8662 • 6228 6893 alvin.teng@sg.knightfrank.com

INDUSTRIAL

TUAS AVENUE 12, D22 for sale

The property is strategically located near the future Tuas Mega Port and maritime industry in western Singapore, and stands out with its distinct waveinspired 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. • • • • • • • •

Tenure : 30-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 Floor-to-Floor Height : Up to 8.8m Floor Loading : Up to 20 kN/m2 40 ft containers accessible to all floors

Gerald Quek (CEA Reg No: R002959B) 9047 7619 • 6228 7306 gerald.quek@sg.knightfrank.com

11 TUAS SOUTH LINK 1, D22 for sale MARCH 2017 - JUNE 2017 • 19

2 TUAS AVENUE 10, D22 for sale

VI CTO RY CEN TRE

2 TUAS AVENUE 10

A 7-STOREY INDUSTRIAL BUILDING WITH 86 UNITS & 1 CANTEEN UNIT

JTC SINGLE-STOREY DETACHED FACTORY WITH MEZZANINE OFFICE AND 3-STOREY REAR EXTENSION BLOCK

The property is strategically located at the junction of Sims Drive and Aljunied Road. It is within 5 minutes’ walk from Aljunied MRT station and is easily accessible via the PIE and KPE. • • • • • • •

Tenure : 60-year Leasehold (wef 2012) Floor Area : From 1,650 sq ft Floor to Floor Height : Approx. 5.5 m Floor Loading : 7.5 kN/m22014 Master Plan Zoning : Business 1 Covered carparks and rooftop Recreational facilities with swimming pool, gym, tennis court & sauna

Veronica Chao (CEA Reg No: R027818E) Gerald Quek (CEA Reg No: R002959B) 6100 1558 ind@sg.knightfrank.com

5 7 CH A N GI N ORTH CRESCEN T A 3-STOREY SEMI-DETACHED FACTORY The subject property located at Changi North Industrial Estate. It is about 6 minutes’ drive from new upcoming Upper Changi MRT Station and 10 minutes’ drive from Expo MRT Station. It is easily accessible via the PIE and TPE to the other parts of Singapore. • • • • •

57 CHANGI NORTH CRESCENT, D17 FOR SALE SINGAPORE VIEW • 20

Tenure : JTC Leasehold of 30 years (wef July 2008) Floor Area: Approx. 1,886 sq m / 20,301 sq ft 2014 MP Zoning : Business 2 with 1.6 plot ratio Ceiling Height : Up to 8.0 m Floor Loading : Up to 15 kN/m2

INDUSTRIAL

110 LORONG 23 GEYLANG, D14 FOR lease

The property is strategically located at Tuas Avenue 10, off Pioneer Road. It is about 5 minutes’ drive from the future Tuas Crescent MRT Station and easily accessible via the AYE and PIE. • • • •

Tenure : JTC Leasehold 30+30 years (wef 1989) Land Area : Approx. 61,116 sq ft Gross Floor Area : Approx. 67,571 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 Lim Poh Gheok (CEA Reg No: R002915J) 9617 1066 • 6228 7382 pohgheok.lim@sg.knightfrank.com

5 THIRD LOK YANG ROAD JTC SINGLE STOREY DETACHED FACTORY WITH A REAR EXTENSION FACTORY The property is located at Third Lok Yang Road, off International Road. It is about 5 minutes’ drive from Joo Koon MRT station and easily accessible via the AYE and PIE. • • • •

Tenure : JTC 60-year Leasehold (wef 1972) Land Area : Approx. 44,679 sq ft Gross Floor Area : Approx. 25,112 sq ft 2014 Master Plan Zoning : Business 2 with Plot Ratio : 2.5

Gerald Quek (CEA Reg No: R002959B) 9047 7619 • 6228 7306 gerald.quek@sg.knightfrank.com

Ng Ee Kiat (CEA Reg No: R002972Z) 9825 0900 • 6228 7334 eekiat.ng@sg.knightfrank.com

Lim Poh Gheok (CEA Reg No: R002915J) 9617 1066 • 6228 7382 pohgheok.lim@sg.knightfrank.com

5 THIRD LOK YANG ROAD, D22 FOR SALE MARCH 2017 - JUNE 2017 • 21

RIO CASA RIO CASA, D19 FOR SALE PRIME RESIDENTIAL REDEVELOPMENT SITE

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 • 22

INVESTMENT & CAPITAL MARKETS

TRISTAR HOTEL 1 ONAN ROAD, D15

Rio Casa is a privatised HUDC site which comprises 286 units of apartments and maisonettes.

for sale

Rio Casa is located along Hougang Avenue 7. It is a short drive to Hougang Central and approximately 30 minutes away from the city centre. The subject property is accessible to other parts of Singapore via nearby major roads such as KPE and TPE.

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

• • • •

Existing Development : 286 units of apartments and maisonettes with sizes ranging from 151 sq m to 166 sq m Tenure : 104-year Leasehold wef 01 Feb 1986 Site Area: Approx. 396,231 sq ft Total Strata Area : Approx. 479,435 sq ft Master Plan 2014 : Residential with Gross Plot Ratio 2.8

The subject property is a 115-key hotel located along Onan Road, with prominent frontage. • • • • • • •

Tenure : 99-year Leasehold Spacious rooms, sized between 26 sqm to 42 sqm Great repositioning potential Suitable as flagship hotel Potential for sale & leaseback 2014 Master Plan: Zoned "Hotel" Near Paya Lebar MRT Station and the upcoming Paya Lebar Central

MARCH 2017 - JUNE 2017 • 23

45 8 – 4 7 2 G EO RGE STREET

118 JOO C HIAT ROAD

SUPER PRIME GEORGE STREET DEVELOPMENT SITE IN SYDNEY

FREEHOLD COMMERCIAL BUILDING

•

The subject property is a 4-storey commercial building with attic and 9 carpark lots, nestled amongst numerous 2 and 3-storey shophouses. It is located along Joo Chiat Road, between the junction of Onan Road and Crane Road.

• • • • • •

Tenure : Freehold Site Area : Approx. 4,686 sq ft Gross Floor Area: Approx. 18,571 sq ft Master Plan 2014 : Commercial with Gross Plot Ratio 3.0

Lennon Koh (CEA Reg No: R022673H) 9748 7400 • 6228 7327 lennon.koh@sg.knightfrank.com

Karen Wan (CEA Reg No: R040821F) 9772 8042 • 6228 6809 karen.wan@sg.knightfrank.com

24 7 CO LLI N S STREET

BUKIT TIMAH PLAZA

CLASSICAL STYLED IN SUPER CORE RETAIL LOCATION IN MELBOURNE

PROMINENT RETAIL SPACE AT BUKIT TIMAH PLAZA

• • •

The subject property is a strata retail space approved for F&B usage located in Bukit Timah Plaza, a destination mall for families that offers a wide range of products and services.

• • •

SINGAPORE VIEW • 24

• • • •

Ian Loh (CEA Reg No: R027865G) 8838 3288 • 6228 6823 ian.loh@sg.knightfrank.com

•

MELBOURNE, AUSTRALIA FOR SALE

Approx. 833 sqm land holding over two freehold titles (not heritage listed) Absolute prime retail location with approx. 36m wide frontage to George Street Short WALE with holding income and no options to renew Potential for office/retail/hotel/residential use Development potential for a landmark CBD tower with super prime retail offering Benefit from the new George Street Light Rail & Pedestrian Mall EOI closes 23rd March 2017 (AEDT) 4pm

Tenure : Freehold 7-storey office and retail building 100% leased to high quality tenant covenants Strategically positioned within the retail and financial heart of Collins Street Unmatched proximity to the city’s proposed CBD South underground railway station Potential conversion to multi-level retail and/or residential/hotel (STPA) EOI closes 23rd March 2017 (AEDT) 5pm

• • •

INVESTMENT & CAPITAL MARKETS

JOO CHIAT ROAD, D15 sold

SYDNEY, AUSTRALIA for sale

Tenure : 99-year Leasehold wef 1976 Strata Area : Approx. 3,390 sq ft Located near the main entrance of a supermarket

Ian Loh (CEA Reg No: R027865G) 8838 3288 • 6228 6823 ian.loh@sg.knightfrank.com

Mary Sai (CEA Reg No: R027878I) 9388 7879 • 6228 6886 mary.sai@sg.knightfrank.com

Karen Wan (CEA Reg No: R040821F) 9772 8042 • 6228 6809 karen.wan@sg.knightfrank.com

James Wong (CEA Reg No: R017407Z) 9113 3113 • 6228 7345 james.wong@sg.knightfrank.com

BUKIT TIMAH PLAZA, D21 SOLD MARCH 2017 - JUNE 2017 • 25

MOHAMED SULTAN ROAD, D09 for sale

PRI ME SH OPH O U SE UNIT The subject property is a prime shophouse unit along the busy thoroughfare of Tanjong Pagar Road, a landmark stretch popularly known for its dining establishments. • • • • •

Tenure : 99-year Leasehold Land Area : Approx. 1,300 sq ft Built in Area : Approx. 3,800 sq ft Prominent road frontage and highly visible Tenanted to a restaurant and to offices

MOHAMED SULTAN ROAD RARE 3-STOREY CONSERVED SHOPHOUSE The subject property is a three-storey refurbished conserved shophouse located at Mohamed Sultan Road off River Valley Road, and is within the River Valley Conservation Area. • • • • •

Tenure : 999-year Leasehold Land Area : 2,382 sq ft Gross Floor Area : Approx. 3,940 sq ft 2014 Master Plan : Residential with Commercial at 1st storey Approval granted for new erection of 8-storey rear extension with basement for 6 residential units

Marvelle Wong (CEA Reg No: R055510C) 9753 5878 • 6228 7359 marvelle.wong@sg.knightfrank.com

Mary Sai (CEA Reg No: R027878I) 9388 7879 • 6228 6886 mary.sai@sg.knightfrank.com

Chen Tianyi (CEA Reg No: R053702D) 8160 8808 • 6228 6890 tianyi.chen@sg.knightfrank.com

James Wong (CEA Reg No: R017407Z) 9113 3113 • 6228 7345 james.wong@sg.knightfrank.com

CO N SERVATI ON SH OPH O U SE A LO N G CRA I G ROA D

DUNLOP STREET

CONSERVATION SHOPHOUSE LOCATED IN CBD The subject property is a conservation shophouse conveniently located in the Central Business District, and is surrounded by three MRT stations. • • • •

Tenure : 99-year Leasehold wef 1989 Land area : 1,581 sq ft Gross Floor Area : Approx. 3,518 sq ft Fully tenanted to a café

PRIME SHOPHOUSES AT DUNLOP STREET The subject properties are four adjoining conservation shophouses located opposite Sim Lim Tower, and are ideal for retail uses, learning centres and fitness centres. • • • •

Tenure : 999-year Leasehold Land Area : 3,341 sq ft Gross Floor Area : Approx. 6,800 sq ft 2014 Master Plan : Commercial within Conservation Area

Mary Sai (CEA Reg No: R027878I) 9388 7879 • 6228 6886 mary.sai@sg.knightfrank.com

CRAIG ROAD, D02 sold SINGAPORE VIEW • 26

Marvelle Wong (CEA Reg No: R055510C) 9753 5878 • 6228 7359 marvelle.wong@sg.knightfrank.com

James Wong (CEA Reg No: R017407Z) 9113 3113 • 6228 7345 james.wong@sg.knightfrank.com

DUNLOP STREET, D08 FOR SALE MARCH 2017 - JUNE 2017 • 27

INVESTMENT & CAPITAL MARKETS

TANJONG PAGAR ROAD, D02 SOLD

QUEENSWAY, D03 FOR SALE

J OO CH I AT RO A D 2-STOREY INTERMEDIATE PRE-WAR SHOPHOUSE The subject property is a two-storey intermediate prewar shophouse located on the south-western side of Joo Chiat Road, off East Coast Road. • • •

Tenure : Freehold Land Area : 1,880 sq ft 2014 Master Plan: Commercial within Joo Chiat Conservation Area

INVESTMENT & CAPITAL MARKETS

JOO CHIAT ROAD, D15 for sale

QUEENSWAY SHOPPING C ENTRE PRIME FREEHOLD RETAIL SHOP UNIT The subject property is a retail shop unit located in Queensway Shopping Centre, a landmark building popularly known as the sports mall in Singapore. • • • • •

Tenure : Freehold Strata Area : Approx. 2,734 sq ft Strata retail unit with 24 hours access Prominent road frontage and highly visible Ideal for various uses, including restaurants, wellness centres or leisure purposes

Mary Sai (CEA Reg No: R027878I) 9388 7879 • 6228 6886 mary.sai@sg.knightfrank.com Chen Tianyi (CEA Reg No: R053702D) 8160 8808 • 6228 6890 tianyi.chen@sg.knightfrank.com

PA G OD A STREET TWO ADJOINING CONSERVATION SHOPHOUSES Hexacube is a commercial development comprising 3 floors of retail and F&B outlets, and another 3 floors of office units. The subject property is located along Changi Road, near the upcoming Paya Lebar Commercial Hub. Eunos MRT station is within minutes’ walk away from the development. • • •

James Wong (CEA Reg No: R017407Z) 9113 3113 • 6228 7345 james.wong@sg.knightfrank.com

51 @ AMK LARGE FLOOR PLATE RETAIL UNIT The subject property is a strata retail unit located in a landmark building popularly known as the Big Mac Centre in Singapore. Situated next to AMK Hub, it is within walking distance to Ang Mo Kio MRT station and the bus interchange. • • •

Tenure : 81-year Leasehold wef 1995 Strata Area : Approx. 15,285 sq ft Ideal for various uses, including retail purposes, food courts and fitness centres

Tenure: Freehold Strata Area For Sale (shops) : Approx. 409 sq ft to 904 sq ft Strata Area For Sale (offices) : Approx. 807 sq ft to 1,604 sq ft

Mary Sai (CEA Reg No: R027878I) 9388 7879 • 6228 6886 mary.sai@sg.knightfrank.com

PAGODA STREET, D01 FOR SALE SINGAPORE VIEW • 28

Marvelle Wong (CEA Reg No: R055510C) 9753 5878 • 6228 7359 marvelle.wong@sg.knightfrank.com

Chen Tianyi (CEA Reg No: R053702D) 8160 8808 • 6228 6890 tianyi.chen@sg.knightfrank.com

ANG MO KIO, D20 FOR SALE MARCH 2017 - JUNE 2017 • 29

OFFICE

FRA GRANCE EMPIRE BUILDING 456 ALEXANDRA ROAD, D05 FOR LEASE Fragrance Empire Building is 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. • • • •

Available Size : Approx. 980 sq ft – 9,000 sq ft Central air-conditioning system Ample parking lots Connected to Alexandra Retail Centre & Labrador MRT station by covered walkway

Chloe Quek (CEA Reg No: : R052931E) 9851 3399 • 6228 6855 chloe.quek@sg.knightfrank.com SINGAPORE VIEW • 30

JEM 52 JURONG GATEWAY ROAD, D22 FOR LEASE Located in Jurong East, the “Jewel of the West” is slated to become one of the biggest commercial hubs outside the city centre. Jem is easily accessible via public transport with direct connectivity to Jurong East MRT station and bus interchange, as well as Ayer Rajah Expressway. Integrated with Jem Shopping Centre, office tenants enjoy numerous amenities, eateries, banking facilities and other services. Jem is designed with regular floor plates for efficient space planning and green sky spaces for office tenants to enjoy the garden with a view. • •

Available Size : Approx. 9,900 sq ft – 26,600 sq ft Central air-conditioning system

Chloe Quek (CEA Reg No: : R052931E) 9851 3399 • 6228 6855 chloe.quek@sg.knightfrank.com MARCH 2017 - JUNE 2017 • 31

ASSET MANAGEMENT

For owners of strata titled developments, our Strata Management team provides common area management services, managing estates between the range of 50 to 1,000 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-networth individuals, engage us for landlord-tenant services, including leasing, resale, rent collection and general management.

M ARI N A O N E RESI D EN C ES

V O N SH EN T O N

THE TR ILIN Q

J G AT EWAY

ARD M O RE PARK

AR DM OR E II

Our Asset Management team manages more than 5 million square feet of space spanning 31 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.

INTERLOCAL CENTRE

SLA PROPERTIES

5 DALVEY ESTATE

FOR MORE INFORMATION ON ASSET AND STRATA MANAGEMENT, PLEASE CONTACT:

PUNGGOL TOWN SQUARE SINGAPORE VIEW • 32

HILLION MALL

6848 5678 enquiries@kfpam.com.sg MARCH 2017 - JUNE 2017 • 33

PROPERTY ASSET MANAGEMENT

S T R ATA M A N A G E M E N T

LOCAL

RESIDENTIAL LOCAL PROJECTS

QUEENS PEAK DUNDEE ROAD, D03 for sale Guide price : 1-BR from Sgd 721,000

WHERE CONVENIENCE MEETS LUXURY

PARK PLACE RESIDENCES

LIVE THE CITY LIFE, EAST STYLE

Guide price : PRICE ON APPLICATION

Paya Lebar Quarter, Singapore’s most progressive city precinct, is located at the heart of the URA’s urban regeneration masterplan for Paya Lebar. Three world-class office towers offering exclusive 429 units of 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 for the East-West and Circle Lines, it has superb transport connections across Singapore. It is also the closest commercial hub to the CBD

Eric Liew (CEA Reg No: R021280Z) 9824 9966 eric.liew@sg.knightfrank.com

• • • • • •

PAYA LEBAR, D14 for sale

SINGAPORE VIEW • 34

Tenure : 99-year Leasehold 1 to 3 Bedroom Premium Size : 474 sq ft - 1367 sq ft Total units : 429 TOP Date : 31 December 2020 Developed by : Lendlease

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 amongst homebuyers and property investors. The development is surrounded by excellent connectivity, plenty of educational institutions 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 and Queenstown Stadium are located within 2km of the residence.

• • • • •

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

Eric Liew (CEA Reg No: R021280Z) 9824 9966 eric.liew@sg.knightfrank.com

MARCH 2017 - JUNE 2017 • 35

LOCAL

BOTANIQUE AT BARTLEY

60 PAYA LEBAR ROAD, D19 for sale GUIDE PRICE : 3-BR premium from Sgd 1,475,000

BECKONING • BEAUTY • BESPOKE

CAIRNHILL NINE CAIRNHILL ROAD, D10 for sale Guide price : 2-BR FROM Sgd 2,473,000 2-BR+GUEST FROM SGD 2,588,000

Lawrence Ng (CEA Reg No: R053438F) 8128 6589 lawrence.ng@sg.knightfrank.com

SINGAPORE VIEW • 36

UNIQUE CITY LIFESTYLE

Live in this botanical paradise and be rejuvenated by its soothing sensory experience. Botanique at Bartley is a beautiful garden as much as it is a home.

Located at a prime district area in Orchard Road, Cairnhill Nine is a luxurious resort-style condominium offering modern and comfortable city living. It is surrounded by various upscale shopping centres such as ION Orchard, Paragon Shopping Centre and Wisma Atria, and is close to many local and international schools, including Anglo Chinese Junior School and Chatsworth International School. Esteemed medical centres such as Mount Elizabeth Hospital and Paragon Medical Center are also within the vicinity.

An idyllic combination of urban living with the serenity of nature makes Botanique a home like no other. Your neighbourhood, the Bidadari Estate and the Paya Lebar growth area, will be bustling with amenities such as new offices, hotels, retail and community facilities in an area marked for tremendous growth potential. With Bartley MRT station a convenient 3-minute walk away, be connected to major transport hubs in Serangoon and Bishan. A short drive to and from the CTE, PIE and Bartley viaduct means you are never too far from your homely oasis.

• • • • •

Tenure : 99-year Leasehold 1 to 3 Bedroom Apartments / DK Flexi / Premium 495 sq ft - 1,270 sq ft Total Units : 797 Developed by : UOL Development (Bartley) Pte Ltd

Eric Liew (CEA Reg No: R021280Z) 9824 9966 eric.liew@sg.knightfrank.com

Centrally located, Cairnhill Nine enjoys great connectivity to the other parts of Singapore via Somerset and Orchard MRT stations and the Central Expressway (CTE). • • • • •

Tenure : 99-year Leasehold 1, 2 & 4 Bedroom Apartments & Penthouse 592 sq ft – 3,864 sq ft Total Units : 268 units Developed by : CapitaLand Ltd

MARCH 2017 - JUNE 2017 • 37

LOCAL

MARINA ONE RESIDENCES 21 MARINA WAY, D01 for sale GUIDE PRICE : 2-BR from Sgd 2,403,500

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 GradeA offices, Marina One is nestled amongst lush greenery and parks. Seamlessly connected to four MRT lines (North-South, Circle, Downtown and the upcoming Thomson line) via underground pedestrian walkways, it is easily accessible from major expressways. With island-wide connectivity, Marina One Residences is conveniently located to everything you want and possibly need.

• • • • •

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

THE PANORAMA ANG MO KIO AVENUE 2, D20 for sale Guide price : 3-BR from Sgd 1,234,121

Eric Liew (CEA Reg No: R021280Z) 9824 9966 eric.liew@sg.knightfrank.com Eric Liew (CEA Reg No: R021280Z) 9824 9966 eric.liew@sg.knightfrank.com

SINGAPORE VIEW • 38

MODERN FACADES AND EXPANSIVE LANDSCAPE The Panorama is an exclusive residential enclave surrounded by lush greenery, offering residents picturesque and panoramic views of its immediate neighborhood, the Lower Pierce Reservoir and beyond. Enjoy the convenience of being near to AMK Hub and a myriad of neighborhood shops to meet all your lifestyle needs. Reaching the Central Business District and rest of the Island is easy with the excellent transportation network and future Mayflower MRT station within walking distance. • • • • •

Tenure : 99-year Leasehold 1 to 5 Bedroom Apartments & Penthouses 431 sq ft – 2,411 sq ft Total Units : 698 Developed by : Pinehill Investments Pte Ltd (A wholly-owned subsidiary company of Wheelock Properties Singapore Limited)

MARCH 2017 - JUNE 2017 • 39

TWENTY ONE ANGULLIA PARK REDEFINING LUXURY LIVING Framed by glorious green boulevards and gardens, TwentyOne Angullia Park is strategically located at the prime intersection of Orchard Road and Scotts Road. Just a stone’s throw away from an array of shopping centres, cosmopolitan dining and entertainment, this prime location gives you unlimited access to an exclusive and premier lifestyle. • • • • •

Tenure : Freehold 2 to 4 Bedroom Apartments & Penthouses Total Units : 54 1,163 sq ft – 7,718 sq ft Developed by : Angullia Development Pte Ltd

Lawrence Ng (CEA Reg No: R053438F) 8128 6589 lawrence.ng@sg.knightfrank.com

REIGNWOOD HAMILTON SC OTTS

TH E R IS E @ OXLEY

IMAGINE A HOME THAT CELEBRATES YOUR MOST FERVENT PASSIONS

THE LUXURY OF COSMOPOLITAN LIVING The Rise @ Oxley is located in prime District 9, along the fringe of Orchard Road and in close proximity to esteemed schools like the Singapore Management University, Chatsworth International School and River Valley Primary School. Somerset and Dhoby Ghaut MRT stations are located just a stone’s throw away from this luxurious abode, giving you direct access to the North-South, North-East and Circle Lines. • • • • • •

SINGAPORE VIEW • 40

Tenure : Freehold 1 to 4 Bedroom Apartments & Penthouses Residential : 462 sq ft - 1,194 sq ft Commercial : 355 sq ft - 1,065 sq ft Total Units : 120 Residential & 29 Commercial Developed by : Oxley Rise Pte Ltd

71 OXLEY RISE, D09 for sale guide price : 3-BR from Sgd 1,763,000

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. • • • • •

Eric Liew (CEA Reg No: R021280Z) 9824 9966 eric.liew@sg.knightfrank.com

Tenure : Freehold 3 Bedroom Apartments & Penthouses 2,756 sq ft – 6,975 sq ft Total Units : 56 Developed by : Sardinia Properties Pte Ltd

Lawrence Ng (CEA Reg No: R053438F) 8128 6589 lawrence.ng@sg.knightfrank.com

37 SCOTTS ROAD, D09 for sale Price on Application MARCH 2017 - JUNE 2017 • 41

LOCAL

21 ANGULLIA PARK, D09 for sale Price on application

610 TELOK BLANGAH ROAD, D04 3-BR from Sgd 2,302,000

TH E CRI TERI ON NOT JUST A STANDARD HOME BUT THE STANDARD FOR A HOME From the tasteful architecture, extensive landscaping and comprehensive facilities to the refined interiors and premium fittings, you will find that The Criterion 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. • • • • • • •

21 NATHAN ROAD, D10 for sale Guide price : sgd 9,500,000 SINGAPORE VIEW • 42

Tenure : 99-year Leasehold 2 to 5 Bedroom Apartments & Penthouses Total Units : 505 700 sq ft - 1,636 sq ft Flexible Room concepts Provision of unique facilities : 6 Haus of fun activities including Spa Haus, electric bicycles and campfire-type BBQ pits First EC equipped with Panasonic Air Conditioner with Nanoe-G air purifying function

SKY LINE RESIDENC ES RAISE YOUR SIGHT Poised atop a lush landscape deck, Skyline Residences offers picture perfect views of the sea and an equally stellar view of Keppel Golf Link and Labrador Park. Located right in the heart of the action, VivoCity and HarbourFront Centre are just a stone’s throw away and choice schools in close vicinity. The CBD is also easily accessible via the AYE, major roads and Telok Blangah MRT station, just a five-minute walk away. Nature lovers will embrace nearby greenery at Mount Faber, Henderson Waves and Hort Park. • • • • •

Tenure : Freehold 1 to 4 Bedroom Apartments & Penthouses 484 sq ft - 3,681 sq ft Total units : 283 Developed by : Bukit Sembawang View Pte Ltd

Eric Liew (CEA Reg No: R021280Z) 9824 9966 eric.liew@sg.knightfrank.com

N ATH A N SU I TES

AMBER SKY E

TAKE FLIGHT ABOVE THE BISHOPGATE HORIZON

A NEW WAVE IN LUXURY LIVING BECKONS

Nathan Suites is a beautiful new luxury condominium on the fringe of Orchard Road, beside the exclusive Bishopsgate GCB (good class bungalow) enclave. Designed by the internationally acclaimed architect Jun Mitsui to embody the soaring flight of birds on the winds around, with his signature clean & sleek lines.

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.

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• •

Tenure : Freehold Last Penthouse unit for sale 4 Bedroom + Family + Private Lift Size : 4,747 sq ft Developed by : TID Pte Ltd TOP : 2014

Eric Liew (CEA Reg No: R021280Z) 9824 9966 eric.liew@sg.knightfrank.com

for sale

• • •

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

Lawrence Ng (CEA Reg No: R053438F) 8128 6589 lawrence.ng@sg.knightfrank.com

8 AMBER ROAD, D15 for sale Guide price : Average Sgd 1,850 psf MARCH 2017 - JUNE 2017 • 43

LOCAL

YISHUN STREET 51, D27 for sale 2-BR from Sgd 560,000

SK Y H A BI TAT STAY LANDED, LIVE ELEVATED 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. • • • • •

Tenure : 99-year Leasehold 1 to 4 Bedroom Apartments & Penthouses 635 sq ft - 3,638 sq ft Total Units : 509 Developed by : CapitaLand Ltd

LOCAL

LINCOLN SUITES

BISHAN STREET 15, D20 for sale Guide price : Average sgd 1,450 psf

KHIANG GUAN AVENUE, D11 for sale Guide price : 3-BR duplex from Sgd 6,101,000

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

THE BROWNSTONE CANBERRA DRIVE, D27

for sale

Guide price : 3-BR UNIT FROM SGD 758 PSF Lawrence Ng (CEA Reg No: R053438F) 8128 6589 lawrence.ng@sg.knightfrank.com

Artist's Impression

THE VENUE RESID ENCES A ND SHOPPES YOUR HAVEN FOR CITY FRINGE LIVING Strategically situated at the junction of Upper Serangoon Road and Macpherson Road, The Venue Residences and Shoppes presents the refreshing experience of city fringe living. The Central Business District and other parts of Singapore can be easily reached via major expressways such as the PIE, CTE and KPE. The area is also well-served by a network of public transport, with Potong Pasir MRT station a 3-minute walk away and Serangoon MRT and Bus Interchange only two stations away. • • • •

Tenure : 99-year Leasehold (T.O.P in 2017) 2 to 4 Bedroom Suites, 3-Bedroom Dual Key Suites & Penthouse Suites Total Units : 266 Residential & 28 Retail Developed by : City Developments Limited

Eric Liew (CEA Reg No: R021280Z) 9824 9966 eric.liew@sg.knightfrank.com

TAI THONG CRESCENT, D13 for sale guide price : 2-BR from Sgd 1,143,750 SINGAPORE VIEW • 44

INSPIRED BY THE RUSTIC CHARM OF NEW YORK HOUSES 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. Within 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 4-Bedroom Apartments & Pool-facing Units Total Units : 638 Developed by : City Developments Limited Artist's Impression

Eric Liew (CEA Reg No: R021280Z) 9824 9966 • eric.liew@sg.knightfrank.com

SKYSUITES@ANSON

ENGGOR STREET, D02 for sale Guide price : Average sgd 2,300 psf

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. • • • • •

CANBERRA DRIVE, D27 for sale Guide price : 2-br from SGD 627,200

Tenure : 99-year Leasehold 1 to 3 Bedroom Apartments 365 sq ft – 1,140 sq ft Total Units : 360 Developed by : Allgreen Properties Limited

Lawrence Ng (CEA Reg No: R053438F) 8128 6589 • lawrence.ng@sg.knightfrank.com MARCH 2017 - JUNE 2017 • 45

INTERNATIONAL

RESIDENTIAL INTERNATIONAL PROJECTS

STAINES UPON THAMES BERMONDSEY THE NEW VIEW IN BERMONDSEY The Crosse is the first building to be released in this landmark development. This stunning new building created by awardwinning architects Allford Hall Monaghan Morris consists of 1-, 2and 3-bedroom apartments and maisonettes, all with a balcony, wintergarden or terrace. Robust yet elegant, each apartment has been designed with a new build specification including a SieMatic handleless designed kitchen with Siemens appliances, a choice of flooring with underfloor heating and an audio system with speakers to selected areas. High ceilings and floor to ceiling glazing maximises the light and space of this open plan living. Offering a host of residents’ facilities will make this the leading destination in Bermondsey to live,

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Tenure : 999-year Leasehold 1 to 3 Bedrooms Apartments & Maisonettes Built Up Area : 556 sqft onwards Total Units : First phase – 67; Total in scheme – 406 Estimated Completion Date : Q4 2019 Developer : London Square Developments

LONDON TW18 4BY FOR SALE

CONTEMPORARY LIVING AT A STYLISH NEW ADDRESS

Guide Price : GBP 550,000 onwards

Staines upon Thames is a collection of contemporary, London-style studios and one-, two- and three-bedroom private apartments. All apartments enjoy private outdoor space in the form of a balcony or terrace; this phase also has access to a private roof terrace garden. Designed by the award-winning Assael Architecture, the development is an example of outstanding urban architecture. It is fronted by an impressive new piazza with shops, cafes and outdoor seating, making it the centre of attention its desirable positioning on High Street. The prominent location, stylish specification and residential facilities, including a concierge, gym, parking and private landscaped gardens make this development ideal for the urban lifestyle. • • • • • •

Tenure : 999-year Leasehold Studio, 1 to 3 Bedroom Apartments Built-up Area : 426 sq ft onwards Total Units : First phase – 65; Total in scheme – 260 Estimated Completion Date : Q3 2018 Developer : London Square Developments Limited

LONDON SE1 FOR SALE Guide Price : GBP 570,000 onwards

SINGAPORE VIEW • 46

Linda Chern (CEA Reg No: R030706A) 8228 8836 linda.chern@sg.knightfrank.com

Wen Xiong Danubrata (CEA Reg No: R027628Z) 9199 5476 wenxiong.danubrata@sg.knightfrank.com

MARCH 2017 - JUNE 2017 • 47

INTERNATIONAL

HOXTON PRESS

PENN STREET, LONDON N1 for sale GUIDE PRICE : gbp 500,000 ONWARDS

WELCOME TO ONE OF LONDON’S MOST VIBRANT LIVING AND WORKING NEIGHBOURHOODS Designed by renowned architects Karakusevic Carson Architects and David Chipperfield Architects, Anthology Hoxton Press is made of two unique hexagonal towers, sat between Shoreditch Park and Regent’s Canal. Inside there are one, two and three bedroom apartments, boasting balconies and roof terraces. Supporting it all is a dramatically designed ground floor café and welcoming communal spaces. With a central location, Hoxton Press is well placed to ensure discovering the rest of London is easy. Both nearby, Shoreditch and the skyscrapers of the City are within walking distance. The nearest overland, Hoxton Station, has good connections into and across town while London Underground services are close by, at Angel and Highbury & Islington. Commuters can access the transport hubs of Liverpool Street, King’s Cross and London Bridge in under 30 minutes. • • • • • •

Tenure : 999-year leasehold 1 to 3 Bedroom Apartments Built Up Area : 439 sq ft onwards Total Units: 198 Estimated Completion Date : Q2/Q3 2018 Developer : Anthology

Louisa Yap (CEA Reg No: R031229D) 8522 7520 louisa.yap@sg.knightfrank.com

ESSENC E SURFERS PARADISE WATERFRONT APARTMENTS

SINGAPORE VIEW • 48

18 REMEMBRANCE DRIVE, SURFERS PARADISE, GOLD COAST, AUSTRALIA for sale Guide price : AUD 499,900 onwards

Introducing Essence, a premium residential apartment tower perfectly placed on the Surfers Paradise fringe in a riverfront environment adjoining 2 hectares of urban green space. Offering a true balance of metropolitan-suburban living, residents at Essence will be able to enjoy in a lush green environment while being footsteps away from everything that makes Surfers Paradise famous – picture-perfect beaches, premium shopping and the local Via Roma fresh food precinct with many bars and restaurants on the water’s edge.

• • • • • •

Every apartment at Essence is finished to the highest quality and designed to make the most of light-filled living spaces with impressive views in all directions – overlook the park, take in views across the river or enjoy the peaceful outlook over the ocean.

Linda Chern (CEA Reg No: R030706A) 8228 8836 linda.chern@sg.knightfrank.com

Tenure : Freehold 2 & 3 Bedroom Apartments Built-up Area : 1,065 sq ft onwards Total Units : 183 Estimated Completion Date : Q2 2019 Developer : Morris Property Group

MARCH 2017 - JUNE 2017 • 49

INTERNATIONAL

PARK SQUARE 211 – 215 SOUTH TERRACE, ADELAIDE, AUSTRALIA for sale GUIDE PRICE : AUD 350,000 ONWARDS

PARK SQUARE – WHERE CITY AND PARK MEET Park Square is a visionary new landmark on South Terrace inspired by the urban excitement of the city and serenity of the surrounding parklands. Residents will enjoy superbly crafted homes, luxurious amenities, and a premier location with access to the parklands and the bustling CBD, delivering a seamless integration of city, sanctuary and community. With retail offerings on the ground floor, landscaped communal areas and intelligently designed homes above, this elegant address will be a bridge between the parklands and the heart of the city. • • • • •

QUITE SIMPLY STUNNING IN EVERY WAY

11 BROWN STREET, EAST PERTH, WESTERN AUSTRALIA FOR SALE

Mardalup is a boutique development which was built with vision, refinement, class and luxury at the forefront of the sellers’ mindset. It sits on the water’s edge, and is adjacent to the desirable Claisebrook Cove area with many fine eateries, coffee shops, bars and restaurants close by. Across the Swan River, the soon to be opened new Stadium lies under construction, along with the new connecting footbridge. The view also looks over the river to parkland, the Crown Casino and the recently opened new Crown Hotel. This development comprises 5 luxury units in total, and consists of four half floor units, and the stunning penthouse totalling 1,897 sqm.

Guide Price : Price on Application

Tenure: Strata Title 1 to 3 Bedrooms Apartments Total Units: 140 Estimated Completion Date: Q1 2019 Developer : Greenbelt Development and Sinclair Brook

Wen Xiong Danubrata (CEA Reg No: R027628Z) 9199 5476 wenxiong.danubrata@sg.knightfrank.com

SINGAPORE VIEW • 50

MARDALUP

• • Louisa Yap (CEA Reg No: R031229D) 8522 7520 louisa.yap@sg.knightfrank.com

• • • •

Tenure : Strata Title 3 Bedrooms Apartments (Half floor units) & 6 Bedrooms Penthouse Built Up Area : 483 sqm onwards Total Units : 5 Estimated Completion Date : Immediate Occupancy Developer : Private Independent Developer

MARCH 2017 - JUNE 2017 • 51

INTERNATIONAL

242 BROOME LOWER EAST SIDE, NEW YORK FOR SALE GUIDE PRICE : USD 1,600,000 onwards

MODULUS LUXURY RESIDENCES 10 BOUTIQUE RESIDENCES REDEFINING SUSTAINABLE LUXURY Modulus Bellevue Hill is inspired by better living where state of the art technology meets luxury and a sustainable lifestyle. Live with the best of both worlds – the tranquility of Bellevue Hill with the accessibility of Sydney’s Eastern suburbs. Westfield Shopping Centre, Double Bay’s European style boutiques, Rose Bay’s organic produce, Woollhara’s fine dining, including Matt Moran’s Chiswick restaurant, with Sydney’s most famous beach, is only 1km away. Located on Birriga Lane, Modulus at Bellevue is an exclusive offering of 10 luxury apartments perfectly positioned on the edge of leafy Bellevue Hill and the vibrant Bondi Beach. Be part of only 10 of the world’s first 6 Star Green Star, Passivhaus certified luxury apartments and experience the Modulus difference in your smart luxurious and comfortable new home. • • • • • •

Tenure : Strata 1 to 3 Bedroom Apartments Built Up Area : 1,545 sqm onwards (Interior + Exterior) Total Units : 10 Estimated Completion Date : Q4 2018 Developer : Modulus

SINGAPORE VIEW • 52

BIRRIGA LANE, BELLEVUE HILL, SYDNEY, AUSTRALIA FOR SALE Guide Price : aud 1,150,000 onwards

242 BROOME EMBODIES THE LATEST CHAPTER IN THE EVER-EVOLVING LOWER EAST SIDE Masterfully conceived and meticulously finished, the residences of 242 Broome balance serenity with modernism. Designed with a twist, the upper floors torque westward to catch the path of the sun for maximum light and dramatic views. Utilising a sophisticated mix of materials – slab marble, blackened steel and warm woods – the artistic interiors exude calm and comfort. A host of lifestyle enhancing amenities complete the experience at 242 Broome, including a state-of-the-art fitness centre, entertainment lounge with kitchen, children’s playroom, residential storage, and a landscaped rooftop with cinematic views of the city.

Louisa Yap (CEA Reg No: R031229D) 8522 7520 louisa.yap@sg.knightfrank.com

• • • • • •

Tenure : Freehold 1 to 3 Bedrooms Apartments Built Up Area: 765 sqft onwards Total Units : 55 Estimated Completion Date : Q1 2018 Developer : Delancey Street Associates

Wen Xiong Danubrata (CEA Reg No: R027628Z) 9199 5476 wenxiong.danubrata@sg.knightfrank.com

MARCH 2017 - JUNE 2017 • 53

INTERNATIONAL

160 LEROY WEST VILLAGE, NEW YORK FOR SALE GUIDE PRICE : USd 3,100,000 onwards

MADISON SQUARE PARK TOWER ONE OF THE BEST VIEWS IN MANHATTAN The residences at Madison Square Park Tower are perfectly positioned in one of the most iconic and culturally sophisticated neighbourhoods in Manhattan – the Flatiron District at Madison Square Park. Transforming the downtown skyline, the soaring tower is a sculptural glass silhouette standing at sixty-five stories and rising seven hundred and seventy seven feet in the sky. The striking exterior, crafted by world-renowned architectural firm Kohn Pedersen Fox Associates, wraps around modern, elegant interiors designed by the celebrated Martin Brudnizki Design Studio. The collection of amenities throughout five floors consists of a fitness centre with boxing and private training suite, a golf simulator, basketball court, children’s playroom, library, billiards, cards room, terrace with outdoor grill, and two gracious entertaining spaces including a lounge with demonstration kitchen on the fifty-fourth floor. • • • • • •

Tenure : Freehold 1 to 4 Bedrooms Apartments Built Up Area: 558 sqft onwards Total Units : 83 Estimated Completion Date : Q2 2017 Developer : The Continuum Company

SINGAPORE VIEW • 54

FLATIRON, NEW YORK FOR SALE Guide Price : USD 4,975,000 onwards

Louisa Yap (CEA Reg No: R031229D) 8522 7520 louisa.yap@sg.knightfrank.com

POSSIBLY YOUR LAST CHANCE TO OWN A HOME ON THE WATER IN THE WEST VILLAGE 160 Leroy offers one-of-a-kind residences conceptualized by Ian Schrager and designed by Pritzker Prize-winning architects Herzog & de Meuron. Masterfully planned for the modern lifestyle, the residences – equipped with the finest larch wood and marble finishes throughout – have been designed to maximize light and expansive views of Downtown Manhattan and the Hudson River. Two spectacular penthouses sit atop this West Village jewel, each with its own private rooftop terrace and floor-through exposures to the East and West for rare sunrise and sunset views. Services and amenities include a private courtyard and garden by landscape designer Madison Cox, 70 ft pool and whirlpool spa, state-of-the-art fitness centre, a yoga and pilates studio, steam room and sauna, recreation lounge, kids’ clubhouse, full-time concierge, doorman and porter. • • • • • •

Tenure : Freehold 1 to 5 Bedrooms Apartments Built Up Area : 1,096 sqft onwards Total Units : 57 Estimated Completion Date : Q1 2018 Developer : Ian Schrager Company

Linda Chern (CEA Reg No: R030706A) 8228 8836 linda.chern@sg.knightfrank.com

MARCH 2017 - JUNE 2017 • 55

Guide Price : JPY 30,000,000 onwards

NISEKO, JAPAN FOR SALE

THE BEEKMAN RESIDENCES FINANCIAL DISTRICT, NEW YORK FOR SALE Guide Price : usd 1,500,000 onwards

Wen Xiong Danubrata (CEA Reg No: R027628Z) 9199 5476 wenxiong.danubrata@sg.knightfrank.com

UNPARALLELED 360 DEGREE VIEWS OF MANHATTAN – FROM RIVER TO RIVER TO UPTOWN SKYLINE One, two, three bedroom and penthouse residences start one hundred and seventy two feet in the sky and are modern canvases showcasing three hundred and sixty degree views, river-to-river, downtown landmarks to uptown skyline. The residential retreat on the 11th floor includes a private dining room with chef’s table, media room and an expansive rooftop terrace. A direct elevator ride or phone call away are the exclusive concierge services offered by The Beekman Hotel, including in-residence dining provided by Tom Colicchio’s newest restaurant, Fowler & Wells. The Beekman also provides personal training in the state-of-the-art fitness centre and priority reservations for the restaurants at The Beekman, overseen by Tom Colicchio and Keith McNally.

• • • • • •

Tenure : Freehold 1 to 3 Bedrooms Apartments Built Up Area: 703 sq ft onwards Total Units : 67 Estimated Completion Date : Completed – Available for Immediate Occupancy Developer : GFI Development Company

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.

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• •

SINGAPORE VIEW • 56

Tenure : Freehold Built-up Area : - Studio : 34.02 sqm onwards - 2 Bedroom : 68.5 sqm onwards - 3 Bedroom : 102.34 sqm 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

MARCH 2017 - JUNE 2017 • 57

INTERNATIONAL

THE MAPLES

MUEHLENSTRASSE 31-33 BERLIN, GERMANY FOR SALE

NO.1 CHARLOTTENBURG

INTERNATIONAL

UPSIDE BERLIN

ENGLISCHE STRASSE 20, BERLIN, GERMANY FOR SALE GUIDE PRICE : eur 293,770 onwards

NEW HIGH-RISE LIVING IN BERLIN WITH UNOBSTRUCTED VIEWS OF THE RIVER SPREE Its thriving economy and high quality of life is what has propelled Berlin to become Europe’s leading real estate investment metropolis. UPSIDE BERLIN is an outstanding landmark in a vibrant area located directly next to Berlin’s world-famous East Side Gallery. In addition to spaces dedicated to a diverse mix of uses, Upside Max Tower primarily offers exclusive residential units across 22 floors, with most enjoying an unobstructed view of the river Spree. The combination of expansive, prestigious communal areas, a rooftop terrace and concierge service generates attractive added value, boosting overall residential quality. • • • • • •

Tenure : Freehold 1 to 3 Bedrooms Apartments Built Up Area: 60 to 136 sqm onwards Total Units : 184 Estimated Completion Date : End 2019 Developer : Mikare Real Estate GmbH

SINGAPORE VIEW • 58

EXCLUSIVE RESIDENCES WITH DIRECT RIVERFRONT ACCESS GUIDE PRICE : eur 350,000 onwards

Linda Chern (CEA Reg No: R030706A) 8228 8836 linda.chern@sg.knightfrank.com

Occupying a scenic riverbank location situated halfway between downtown West Berlin and the central railway station, No.1 Charlottenburg is characterised by timelessly elegant architecture and high-end home amenities. Featuring 272 apartments stretching between the Englische Strasse and Wegelystrasse, the apartments are distributed between two high-rise buildings standing directly on the water and thirteen traditional city buildings grouped around a green, impeccably designed interior courtyard. The wide array of apartments, ranging from 1 to 3 bedrooms, are distinguished by their carefully thought-out floor plans. The elegant baths feature showers and tubs; the open-plan kitchens are located at window openings; and thanks to private gardens, terraces, balconies and inset balconies, the apartments bend around to face the Spree and the park landscape, offering unparalleled domestic bliss. • • • • • •

Tenure : Freehold 1 to 3 Bedroom Apartments Built Up Area : 40 sqm onwards Total Units : 272 Estimated Completion Date : Summer 2019 Developer : Cannon Berlin Mitte Ltd. & Cannon Berlin Ltd. trading as Cannon & Cannon

Louisa Yap (CEA Reg No: R031229D) 8522 7520 louisa.yap@sg.knightfrank.com MARCH 2017 - JUNE 2017 • 59

PHNOM PENH, CAMBODIA FOR SALE

guide price : USD 117,000 retail residential : USd 166,760 : USd 117,328 soho

THE PEAK PHNOM PENH, CAMBODIA FOR SALE guide price : USD 141,000 OFFICE RESIDENTIAL : USd 255,000

Lawrence Ng (CEA Reg No: R053438F) 8128 6589 lawrence.ng@sg.knightfrank.com

SINGAPORE VIEW • 60

COMMERCIAL • RESIDENTIAL

COMMERCIAL • RESIDENTIAL • SOHO

Right in the heart of Phnom Penh City, The Peak faces the River Esplanade, standing at the crossroads of the city. The development is in close proximity to AEON Mall and Nagaworld as well as the National Assembly Building and the Australian Embassy.

Situated just two minutes from Preah Sihanouk Boulevard, right in the heart of Cambodia’s capital Phnom Penh, The Bridge offers discerning individual units for shops, homes and SOHO use.

With the luxurious Shangri-La Hotel next door, you will enjoy world class services amidst tranquil surroundings, coupled with inspirational architecture and design.

The development is in close proximity to the National Monument, the National Assembly Building, Ministry of Foreign Affairs, Australian and Russian Embassies as well as two five-star hotels. The Bridge is also encircled with scenic panoramic views of the Bassac River, Diamond Island and the beautiful city of Phnom Penh.

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Tenure : Freehold Studio to 3 Bedroom Apartments, Penthouses & Commercial Residential : 667 sq ft - 2,830 sq ft Office : 430 sq ft - 530 sq ft Total Units : 1,264 (Office & Residential) Developer : Oxley International Holdings & Worldbridge Land

• • • • • •

Tenure : Freehold 1 to 3 Bedroom Apartments, Penthouses, SOHO & Commercial Residential : 755 sq ft - 2,264 sq ft SOHO : 353 sq ft - 695 sq ft Total Units : 2,352 Developer : Oxley International Holdings & Worldbridge Land

Lawrence Ng (CEA Reg No: R053438F) 8128 6589 lawrence.ng@sg.knightfrank.com

MARCH 2017 - JUNE 2017 • 61

INTERNATIONAL

THE BRIDGE

CAIRNHILL ROAD, D09 for lease ASKING RENT : sGD 15,000 onwards

TAN C HIN TUAN MANSION 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 4 + 1 Bedroom 3,972 sq ft Spacious layout

Paul Ryan Soh (CEA Reg No: R022676B) 8233 3852 paulryan.soh@sg.knightfrank.com

C AVENAGH FORTUNA TR E ASU R E O N BA L M O R A L 5 BALMORAL ROAD, D10 for lease ASKING RENT : sGD 7,000 to sGD 9,500 (negotiable)

Vienn Leow (CEA Reg No: R024855C) 9668 5572 vienn.leow@sg.knightfrank.com

SINGAPORE VIEW • 62

BRAND NEW LUXURY CONDOMINIUM Treasure on Balmoral is a brand new luxury condominium which offers a unique city living experience in close proximity to Orchard Road. Well-established schools like Raffles Girls’ Secondary School, Chinese International School Singapore, Anglo Chinese Primary and Secondary Schools, Singapore Chinese Girls’ School, Chatsworth International and Barker Road Methodist Church Kindergarten are in the vicinity of the residence. Enjoy the vibrancy of the city with a short drive to the Orchard Road shopping and entertainment belt. Heading out will be a breeze with Treasure on Balmoral within walking distance to Newton MRT station and travel to the business hub a brisk 10 minutes away, via Stevens Road and the CTE.

• • •

The Cavenagh Fortuna is located in close proximity to Newton, Somerset and Dhoby Ghaut MRT stations and a host of readily available amenities. Major shopping centres, supermarkets, eating establishments, banks and entertainment facilities can be accessed with easy convenience. Additionally, well-established educational institutions like Chatsworth International School, St Joseph’s Institution International, Overseas Family School, AngloChinese School and St. Margaret’s Primary school are within the vicinity. • • •

Tenure : Freehold 1 to 2 Bedroom Apartments 560 sq ft – 1,249 sq ft

Nigel Low (CEA Reg No: R022696G) 9794 5224 nigel.low@sg.knightfrank.com

CAVENAGH ROAD, D09 for lease ASKING RENT : sGD 2,700 onwards

Tenure : Freehold 4 Bedroom Apartments & Penthouses 1,991 sq ft – 3,671 sq ft

MARCH 2017 - JUNE 2017 • 63

LEASING

RESIDENTIAL LEASING

SALES

RESIDENTIAL S ALES TOH C R E S CE N T

TH E LU XU RI E

LA SUISSE II

SEASC AP E @ SENTOSA C OVE

TOH DRIVE, D17 ASKING PRICE : sgd 3,000,000

21 SENGKANG SQUARE, D19 ASKING PRICE : sgd 1,580,000 (NEGOTIABLE)

1 SWISS VIEW, D11 ASKING PRICE : sgd 2,450,000 (negotiable)

55 COVE WAY, D04 ASKING PRICE : Sgd 5,300,000 (NEGOTIABLE)

asking rent : sgd 7,500 (NEGOTIABLE)

Centrally located at the heart of Singapore’s north-eastern hub, The Luxurie is a short stroll away from Compass Point mall and Sengkang MRT and LRT stations. In the vicinity are established schools such as Nan Chiau Primary and Nan Chiau High, as well as lush parklands and scenic waterways. Recreational and entertainment facilities include an Olympiclength grand pool, hydro fitness and hydro-therapy pool, children's play pool, a tennis court, an entertainment pavilion with private jacuzzi, a clubhouse with function room, and a fully equipped gym.

La Suisse II is a 999-year leasehold condominium in District 11, a convenient few minutes' ride from Dover MRT station. Situated near Bukit Timah Nature Reserve and Bukit Batok Nature Park, it is also close to established international schools such as the Swiss School, Canadian International School and and the Dutch School. The condominium also affords easy driving access to the buzzing Orchard Road shopping district, just a mere 15 minutes ride via Dunearn Road.

Seascape at Sentosa is the epitome of luxurious living, embraced by serene waters. Built by the sea, the development’s dramatic backdrop is just one of its many breathtaking, aesthetic virtues. Besides its unrivalled, spectacular waterfront location, Seascape is within minutes from Resorts World Singapore, VivoCity, Orchard Road and the CBD – an abundance of entertainment, shopping and dining choices all within a short reach.

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BRAND NEW CLUSTER SEMI-DETACHED HOUSE 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. • • • • •

Tenure : Freehold 5 Bedrooms + 1 Helper's 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 • 64

• • • •

Tenure : 99-year Leasehold 3 Bedroom Apartment + Utility room 1,689 sq ft Ground floor, with private pool

Vienn Leow (CEA Reg No: R024855C) 9668 5572 vienn.leow@sg.knightfrank.com

Tenure : 999-year Leasehold 3 Bedrooms + 1 Helper's Room 2,130 sq ft Low floor Beautifully renovated Owner maintained Shuttle bus services available

Vienn Leow (CEA Reg No: R024855C) 9668 5572 vienn.leow@sg.knightfrank.com

Tenure : 99-year Leasehold 3 Bedrooms + 1 Helper's Room 2,164 sq ft High floor Beautiful sea view No noon sun Well maintained by owner Spacious and usable space

Vienn Leow (CEA Reg No: R024855C) 9668 5572 vienn.leow@sg.knightfrank.com

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RETAIL

DOWNTOWN EAST 1 PASIR RIS CLOSE, SINGAPORE 519599 D18

LOCALLY EXPERT, GLOBALLY CONNECTED

WHERE FAMILY FUN BEGINS The new retail and F&B wing of Downtown East has opened with more than 20 eateries and retail shops. The 130,000 sq ft E!Avenue is part of the Refreshing Downtown East project to redevelop and refresh the lifestyle destination to meet the changing needs of NTUC members and the public. Downtown East is currently undergoing major Asset Enhancement Initiative (AEI) in 2 phases. Most of the retail spaces in the first phase have commenced operations, with the second phase target for completion in early 2018. Everyone from families to working adults get to enjoy a wide array of entertainment and dining options at affordable prices, with a selection of familiar brands such as McDonald’s, KFC, Eighteen Chefs, Andes by Astons, Starbucks, NTUC Foodfare, Cue Guru and Sun Paradise Plus. Also featured them are new restaurant concepts including Mukshidonna, the famous Seoul restaurant chain serving up its iconic budae jjigae, MANLE, specialising in Teochew porridge buffet with traditional and modern Teochew dishes alongside a steamboat dinner buffet, and Herbs Bistro with their delectable fusion dishes.

Michelle Lam (CEA Reg No: R027826F) 9389 1817 • 6228 7348 michelle.lam@sg.knightfrank.com

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Through our US alliance with Newmark Grubb Knight Frank we have grown to a group of over 14,000 property professionals, in more than 413 offices in 60 countries. Being a partnership allows us to put our clients first, we focus on giving them the best advice and putting long term relationships before short term wins. Trust and integrity are everything.

Home to the newly expanded Wild Wild Wet and the natureinspired D'Resort with 387 rooms, Downtown East is the perfect one-stop leisure and lifestyle destination for everyone. Knight Frank is the retail consultant and sole marketing agent for Downtown East’s retail space.

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

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.

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KnightFrank.com.sg SINGAPORE VIEW â&#x20AC;¢ 68