SINGAPORE VIEW N O V 2016 - F EB 2017 A COLLECTION OF THE FINEST PROPERTIES & DEVELOPMENTS
NOVEMBER 2016 - FEBRUARY 2017 • 1
CONTENTS
12
18
AUCTION NASSIM PARK RESIDENCES
30
61
RESIDENTIAL (LEASING) TAN CHIN TUAN MANSION
SINGAPORE VIEW • 2
INDUSTRIAL 11 TUAS SOUTH STREET 11 OFFICE FRAGRANCE EMPIRE BUILDING
34
62
RESIDENTIAL (LOCAL) QUEENS PEAK
RESIDENTIAL (SALES) TOH CRESCENT
22
INVESTMENT & CAPITAL MARKETS STARS OF KOVAN
51
RESIDENTIAL (INTERNATIONAL) WINDSOR TERRACE
64
04
WELCOME
06
MARKET RESEARCH
10
ADVISORY SERVICES
12
AUCTION
16
INDUSTRIAL
22
INVESTMENT & CAPITAL MARKETS
30
OFFICE
32
PROPERTY ASSET MANAGEMENT
34
RESIDENTIAL LOCAL PROJECTS
48
RESIDENTIAL INTERNATIONAL PROJECTS
60
RESIDENTIAL LEASING
62
RESIDENTIAL SALES
64
RETAIL
RETAIL HILLION MALL
NOVEMBER 2016 - FEBRUARY 2017 • 3
WELCOME Uncertainties in the global economy, coupled with a highly politicised US election and news of Brexit has caused a strain on the Singapore property market. The office market continues to see rentals decline, prompting several established tenants to relocate from Grade A buildings to Grade A+ quality over the upcoming quarters. This has placed pressure on rents and exacerbated the pursuit by upcoming and newer buildings to secure tenants, as buildings vie to backfill vacancies. Knight Frank projects that average office rents will continue on its path of decline, before bottoming out in 2018. Amid a toughening retail climate, average Orchard Road prime rents have been weakening with rents in the Central Region and more resilient prime rents expected to moderate further by end 2016, to take a hit on island-wide occupancy. Escalating competition from e-commerce markets and increasingly discerning consumers are also challenging landlords to review their mall repositioning and the way retail business is being conducted, to provide engaging, quality services to preserve customer loyalty. Gross yields in the private residential property market have weakened, with average rents dipping at a faster rate relative to their respective average prices. Projected to further impact leasing demand is the reduced inflow of expatriates, in conjunction with shrinking accommodation stipends. By the second half of 2016, some 10,262 private homes will be released into the market, and landlords can expect stiffer competition as the tenant pool dwindles. Demand for industrial spaces continues to soften, with overall rents declining and tenants approaching rental expectations cautiously. Coupled with the strong supply of industrial space concurrently in the pipeline, the double-whammy situation is expected to weigh down on industrial rents further. This may be in exception to freehold industrial units, where demand and rents are likely to remain resilient given the limited supply. Nevertheless, good specification quality assets with lease tenures of 60 years and above are set to be more highly sought after by industrialists, as long-term investments. As part of efforts towards environmental friendliness, we will be going digital from the next issue of Singapore View. Thank you for your continued support and we hope you will help play a part in advancing the green movement.
Danny Yeo Group Managing Director Knight Frank Pte Ltd
SINGAPORE VIEW • 4
SINGAPORE VIEW nov 2016 - feb 2017
EDITOR Margaret Ang RESEARCH CONTENT Alice Tan MARKETING Phyllis Goh DESIGNER Regina Ang COVER IMAGE QUEENS PEAK READ MORE ON PAGE 34
NOVEMBER 2016 - FEBRUARY 2017 • 5
RESIDENTIAL RESEARCH
MARKET RESEARCH SYN OPSIS
RESIDENTIAL RETAIL OFFICE INDUSTRIAL
RESIDENT I AL
AVERAGE RESALE PRICES, RENTS AND GROSS YIELDS OF PRIVATE RESIDENTIAL PROPERTY, BY MARKET SEGMENT
Based on Knight Frank’s analysis of a basket of private residential properties, the average resale prices of high-end homes stayed firm in Q3 2016, on a year-on-year (y-o-y) basis. This comes on the back of a positive y-o-y change in prices in the preceding quarter, signalling the continued return of interest in the high-end market.
Source: REALIS, (based on data as at 29 Sep 2016), URA (based on rental contract data as at 29 Sep 2016), Knight Frank Research
Gross rental yields weakened across all market segments, with average rents having declined at a faster rate relative to their respective average prices. Amid global economic uncertainties, the reduced inflow of expatriates and shrinking accommodation stipends are likely to further impact leasing demand. 10,262 private homes are expected for completion in H2 2016, according to latest available statistics from URA as at the date of this publication. The Outside Central Region (OCR) will contribute 44% of this upcoming supply, and the region is likely to see continued falls in home rentals.
AVERAGE RESALE PRICES (S$ PER SQ FT STRATA AREA) HIGH-END MID-TIER MASS-MARKET
Q3 2015
Q3 2016
Y-O-Y CHANGE
$2,028 $1,587 $1,037
$2,027 $1,458 $ 980
-0.1% -8.7% -5.5%
$5.28 $4.33 $2.98
$ 5.03 $ 4.12 $ 2.77
-4.8% -4.7% -7.2%
3.13% 3.27% 3.45%
2.98% 3.39% 3.39%
AVERAGE RENTS (S$ PER SQ FT STRATA AREA PER MONTH) HIGH-END MID-TIER MASS-MARKET
GROSS YIELDS (%) HIGH-END MID-TIER MASS-MARKET
UPCOMING PRIVATE RESIDENTIAL SUPPLY, BY MARKET SEGMENT, AS AT Q2 2016 CCR RCR OCR
Source: URA, Knight Frank Research
>2020 2020 2019 2018 2017 H2 2016
NO.OF UNITS
0 SINGAPORE VIEW • 6
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
Amid heightened uncertainty in the global economy, the office market continued to see rentals decline. Grade A office space in the Raffles Place / Marina Bay district saw the largest quarter-on-quarter (q-o-q) rental decline of 2.9% of the various locations in Q3 2016, while Grade A+ office space in the same area saw rental decline moderate slightly, falling 2.1% q-o-q. The pursuit by upcoming and newer buildings to secure tenants gained momentum in the past two quarters. Several established tenants from Grade A buildings will take flight to Grade A+ quality in the coming quarters. Upcoming vacancies in Grade A buildings will increase in the next two years as these tenants relocate, and put pressure on rents as a result. Competition for tenants will be rife, particularly among buildings vying to backfill vacancies from tenants relocating to quality over the upcoming quarters. Singapore’s prime office rents for upper floors in skyscrapers, ranked eighth regionally, will stand more favourably with businesses looking to locate or increase their footprint in Singapore, as compared to major global cities in the region, Hong Kong and Tokyo, which were ranked first and third respectively, in Knight Frank’s latest Global Cities Report 2017. Knight Frank projects that average office rents will continue on its path of decline, before bottoming out in 2018.
AVERAGE OFFICE RENTALS, BY KEY PRECINCTS IN Q3 2016 Q-O-Q CHANGE
S$8.20 S$8.70
S$8.10 S$8.60
-2.1%
-2.9%
OTHERS
(OUTSIDE CBD)
S$8.10 S$8.60
S$7.90 S$8.40
-1.5%
-2.7%
-2.1%
FRINGE AREAS
ORCHARD GRADE A
CITY HALL GRADE A
MARINA CENTRE/ SUNTEC GRADE A
S$4.80 S$7.00
SHENTON WAY/ ROBINSON ROAD/ TANJONG PAGAR GRADE A
RAFFLES PLACE/ MARINA BAY GRADE A
RAFFLES PLACE/ MARINA BAY GRADE A+
S$7.40 S$7.90
CENTRAL AREA
-1.8%
-1.9%
S$4.20 S$5.40 SUBURBAN AREAS
CBD (GRADE A+, GRADE A)
S$9.30 S$9.80
-2.1%
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 Q2 2016 Source: URA, Knight Frank Research
SUBURBAN ORCHARD
FRINGE (WEST) FRINGE (EAST) SUNTEC/MARINA/CITY HALL & REST OF CENTRAL AREA SHENTON WAY/ROBINSON ROAD/TANJONG PAGAR MARINA BAY/RAFFLES PLACE
BEYOND
2020/NA 2020 2019 2018 2017 H2 2016
GROSS FLOOR AREA (’000 SQ FT)
0
1,000
2,000
3,000
4,000 NOVEMBER 2016 - FEBRUARY 2017 • 7
OFFICE RESEARCH
OFFICE
RETAIL RESEARCH
AVERAGE GROSS RENTS OF PRIME RETAIL SPACES FOR Q3 2016
RETAIL Average island-wide prime retail rents moderated downwards slightly by 0.2% in Q3 2016 to reach S$31.20 psf. Prime Orchard Road rents fell on a quarter-on-quarter (q-o-q) basis for the first time since Q2 2015, on the back of a tougher retail climate. Suburban prime rents improved marginally, largely supported by the stable demand from the surrounding residential catchment. Prime rents within Marina Centre, City Hall, Bugis and City Fringe areas held steady compared to the previous quarter. An estimated 1.1 million sq ft of net lettable major retail space is slated for completion in the whole of 2016, of which 38.2% was ready in the first half of 2016. Amid the more challenging and competitive retail market, it is important that landlords perform a critical review of their mall positioning and tenant mixes, and emphasize the importance of quality customer service as a means to maintain customer loyalty. Moving forward, average rents in the Central Region are envisaged to fall between 6.0% and 8.0% y-o-y by Q4 2016, while more resilient prime rents could moderate downwards by up to 3.0% y-o-y. Island-wide occupancy is likely to fall from 92.8% in Q4 2015 to between 90.0% and 92.0% in Q4 2016.
LOCATION
$ PER SQ FT PER MONTH
ISLANDWIDE
S$31.20
ORCHARD ROAD
S$35.10
MARINA CENTRE, CITY HALL, BUGIS
S$31.40
CITY FRINGE
S$24.70
SUBURBAN
S$29.50
Y-O-Y CHANGE Q-O-Q CHANGE
-2.2% -0.2% -0.1% -0.5%
-4.7% NO CHANGE
-2.1% NO CHANGE
-4.2% 0.1%
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.
I N DU S T RIA L
“
W i th so ft ened dema nd a nd a s tro n g pi pel ine supply o f i n dust ri al sp a c e in the m a r k et , i n dust r ia l re nts are e xpect ed t o be we ighed do wn fu rt h er. Fre e hold i n d ust ri al un i t s could be a n e xc e pt i o n , as d ema nd a nd re n ts are l i k el y to re main re s i l i ent g i ven the limite d su ppl y.
”
SINGAPORE VIEW • 8
Overall island-wide rents declined by 1.2% q-o-q to $2.08 per sq ft per month (psf pm) in Q3 2016, as rents across most locations dropped. The Pioneer – Tuas cluster suffered the largest decline of 9.6% q-o-q in Q3 2016, mainly due to the under-performing oil and gas industry, related offshore and marine services, and general manufacturing that dragged down the activities of related and supporting trades agglomerated within the B2 cluster. Business Park rents moderated downwards by 4.1% q-o-q to $4.22 psf pm in Q3 2016 on the back of the challenging business climate, with tenants exercising greater caution in rental expectations. Nonetheless, business park space equipped with flexible layout, ready amenities, good connectivity and a clustering effect with spill-over benefits are still well-occupied. Softened demand and a strong pipeline supply of industrial space in the market in the coming quarters are expected to weigh down on industrial rents further. Knight Frank forecasts that average island-wide rents could decline by between 6.0% and 8.0% y-o-y in Q4 2016.
Source: JTC, Knight Frank Research
MULTIPLE-USER FACTORY
SINGLE-USER FACTORY
BUSINESS PARK
WAREHOUSE
2020 2019 2018 2017 H2 2016
GROSS FLOOR AREA (’000 SQ FT)
5,000
0
10,000
20,000
15,000
25,000
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
Q2 2016
Q3 2016
Q-ON-Q % CHANGE
S$1.38 S$1.37 -0.9%
S$1.90 S$1.86 -2.0%
S$1.59 S$1.55 -2.7%
WOODLANDS SEMBAWANG ADMIRALTY YISHUN
KAKI BUKIT UBI PAYA LEBAR EUNOS
MACPHERSON TAI SENG DEFU
BUKIT MERAH ALEXANDRA JALAN KILANG PASIR PANJANG
KALLANG GEYLANG BENDEMEER
S$3.02 S$3.06
S$1.79 S$1.62 -9.6%
-2.1%
SERANGOON ANG MO KIO LORONG CHUAN TOA PAYOH PEMIMPIN
CLEMENTI TOH TUCK BUKIT BATOK PIONEER TUAS
S$1.88 S$1.84
BUSINESS PARK (ISLANDWIDE)
S$4.40 S$4.22
-4.1%
1.3%
S$2.93 S$2.84
AVERAGE
-1.2%
-3.3%
S$2.21 S$2.26 2.6%
S$2.11 S$2.08
NOVEMBER 2016 - FEBRUARY 2017 • 9
INDUSTRIAL RESEARCH
INDUSTRIAL SPACE SUPPLY IN THE PIPELINE, AS AT Q2 2016
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 59 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 • 10
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. Today, we are on the valuation panel of nearly every leading bank and financial institution in Singapore. We have the experience and competence to undertake valuation for various types of properties. Knight Frank successfully completed the valuation for CapitaLand Mall Trust, for seven quality shopping malls of approximately two million square feet located in the suburban and Central areas of Singapore. We were also appointed by CapitaLand Commercial Trust for the valuation of five prime office buildings for corporate reporting and for the acquisition of CapitaGreen, a 40-storey Grade A office tower located at 138 Market Street. More recently, we assisted Mapletree Commercial Trust in the valuation of the strata interest of Mapletree Business City, which comprises office and business park components for acquisition purposes.
FOR MORE INFORMATION, PLEASE CONTACT: Low Kin Hon Deputy Group Managing Director & Managing Director of Valuation T: 6228 6860 E: kinhon.low@sg.knightfrank.com Png Poh Soon Director, Valuation T: 6228 7393 E: pohsoon.png@sg.knightfrank.com
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.
NOVEMBER 2016 - FEBRUARY 2017 • 11
ADVISORY SERVICES
VALUATIO N
AUCTION
AUCTION J A LA N TA RU M 2½-STOREY BALINESE STYLE SEMI-DETACHED WITH BASEMENT Located off Ang Mo Kio Ave 2 and Sembawang Hill Drive, the property sits on rectangular land with a frontage 10.5m wide and 30.5m in depth. Enjoy the convenience of having the market, various amenities and the future Mayflower MRT station within walking distance. Prestigious schools such as CHIJ Saint Nicholas Girls’ School and Anderson Primary School are also around the corner. • • • • •
Tenure : Freehold 5 Bedrooms + 2 Utility / Helper Rooms Land Area : Approx. 3,461 sq ft Built-up Area : Approx. 4,263 sq ft Tastefully designed in Balinese style
Guide price: $3.xxM
Leonard Lee (CEA Reg No: R043159E) 9001 4110 • 6228 6820 leonard.lee@sg.knightfrank.com
35 JALAN TARUM, D20
MORTGAGEE’S SALE
N A SSI M PA RK RESI D EN CES LUXURIOUS LIVING AT ORCHARD ROAD AREA. PRESTIGIOUS ADDRESS WITH SEVERAL EMBASSIES AS YOUR NEIGHBOUR Spacious ground floor unit, renovated with imported premium quality finishing and a professional built-in temperature controlled wine cellar. A premium stack that does not face the main road. Quiet and serene environment with privacy assured. • • • • •
17 NASSIM ROAD, D10 owner's SALE SINGAPORE VIEW • 12
Tenure : Freehold 4 Bedrooms converted to 3 + Study Area Area : 4,833sqft Ground floor with private pool & lift 5-minute walk to Tanglin and Orchard Road
Leonard Lee (CEA Reg No: R043159E) 9001 4110 • 6228 6820 leonard.lee@sg.knightfrank.com
AUCTION
85 BRANKSOME ROAD, D15 mortgagee's SALE
BRAN K S O M E RO A D REDEVELOPMENT LAND WITH SINGLE STOREY DETACHED HOUSE A rare, sizeable landed housing redevelopment site in the most sought after address in District 15 is now available for sale. Zoned for residential use under URA’s 2014 Master Plan, 85 Branksome Road is a single-storey bungalow which can be redeveloped into a two-storey home. Boasting a 30-metre long frontage, the plot is ideal to be subdivided into a pair of bungalows, an excellent opportunity for a city-fringe location. • • • • • •
Tenure : Freehold Land Area : 13,189 sq ft Floor Area : Approx. 9,000 sq ft Located off Mountbatten Road / Tanjong Katong Road Ideal for redevelopment Frontage of about 30m x 40m depth
Sharon Lee (CEA Reg No: R027845B) 9686 4449 • 6228 6891 sharon.lee@sg.knightfrank.com
F ORE S T H IL L S CO N D O M IN IUM PRIMARILY RESIDENTIAL IN NATURE, MAINLY LANDED HOUSES WITHIN THE VICINITY Located off Sembawang, the subject property is near the future Springleaf MRT station. A low density development with a total of 118 apartments offering full condominium facilities. • • • • • •
Tenure : 99 years wef 10/02/2000 3 Bedroom Apartment Area : Approx. 1,163 sq ft Selling vacant possession Premium stack with pool view Good move-in condition
Guide price: $899k (Selling below valuation)
Tricia Tan (CEA Reg No: R021904I) 9387 9668 • 6228 7349 tricia.tan@sg.knightfrank.com
31 TRANSIT ROAD #03-23, D26 motivated seller NOVEMBER 2016 - FEBRUARY 2017 • 13
AUCTION
F ON TA I N E PA R R Y 69 POH HUAT ROAD, D19 mortgagee's SALE Located less than 1km away from Kovan MRT station, the fifth-storey penthouse has an open roof terrace with an excellent pool view perfect for parties and barbeques. • • • • •
Tenure : 999-year Leasehold 3 Bedroom Penthouse Area : 2,368 sq ft Pool view Less than 1km to Kovan MRT
Guide price: $1.xm
Leonard Lee (CEA Reg No: R043159E) 9001 4110 • 6228 6820 • leonard.lee@sg.knightfrank.com
K E N S I N GT ON S QU A RE 2 JALAN LOKAM #01-04, D19 owner's SALE Rarely available freehold retail shop off Tai Keng Gardens that recently TOP. Located just 8 minutes away from Bartley MRT station, the subject property is suitable for many trades and is set to have Giant supermarket as an anchor tenant. • • • • •
Tenure : Freehold Mixed Development Area : Approx. 237 sq ft Pool view Road-facing retail shop
Tricia Tan (CEA Reg No: R021904I) 9387 9668 • 6228 7349 • tricia.tan@sg.knightfrank.com
JA R DI N 966 DUNEARN ROAD #09-01, D21 owner's SALE Rarely available 1-bedroom Duplex in development with private lift and high ceiling. The apartment is bright and breezy, with a lush, quiet view. Prestigious schools like Methodist Girls' School, Pei Hwa Presbyterian Primary School, Hwa Chong Junior College, Swiss and German International Schools are in the vicinity. • • • •
Tenure : Freehold Area : Approx. 990 sq ft Quiet facing 5 minutes away from King Albert MRT
Guide price: $1.xm Tricia Tan (CEA Reg No: R021904I) 9387 9668 • 6228 7349 • tricia.tan@sg.knightfrank.com SINGAPORE VIEW • 14
AUCTION
ONE LA D Y HI L L
K I A N T E CK D R I V E
ONE LADY HILL, D09
KIAN TECK DRIVE, D22
owner's SALE
owner's SALE
LUXURIOUS 4 BEDROOM APARTMENT ON GROUND FLOOR
SINGLE STOREY JTC B2 TERRACE FACTORY WITH MEZZANINE LEVEL
Within walking distance to Tanglin Shopping Centre, Botanic Gardens and the future Napier MRT station.
• • • •
• • • •
Tenure : Freehold (T.O.P 2011) 4 Bedroom Apartment Area : 4,188 sq ft Excellent layout
•
Tenure : 30 years wef 1995 (option to renew 15 yrs) Area :13,966 sq ft (land) / 11,027 sq ft B2 with gross plot ratio of 2.5 Conveniently located near PIE, AYE and future Jurong East terminus for high speed rail Suitable for oil and gas industries and consultant engineering services
Guide price: $11.5m
Guide price: $3.xm (selling below valuation)
Sharon Lee (CEA Reg No: R027845B) 9686 4449 • 6228 6891 • sharon.lee@sg.knightfrank.com
Noelle Tan (CEA Reg No: R07713G) 9766 7797 • 6228 7380 • noelle.tan@sg.knightfrank.com
CA RIBBEAN AT K EPPEL 44 KEPPEL BAY DRIVE #01-117, D04
TUAS LINK 1
TUAS LINK 1, D22
mortgagee's SALE
owner's SALE
3-BEDROOM APARTMENT WITH PRIVATE ENCLOSED SPACE QUIETLY SITUATED AT THE CORNER OF THE DEVELOPMENT
SINGLE STOREY JTC DETACHED B2 CORNER FACTORY WITH MEZZANINE
• • • • • •
Tenure : 99 years wef 16/08/1999 Floor Area : Approx. 1,485 sq ft 3 Bedrooms + Utility Room Great patio area to host guests Bright apartment with good ceiling height Located near Vivo City, Harbourfront Centre and Sentosa
Tricia Tan (CEA Reg No: R021904I) 9387 9668 • 6228 7349 • tricia.tan@sg.knightfrank.com
• • • • • • •
Tenure : 30+30 years wef Dec 1993 (Balanced approx. 37 years) Land Area : 53,852 sq ft Floor Area : 38,980 sq ft Current Plot Ratio : 0.72 Allocable PIA Ratio : 1.4 Dual frontage Walking distance to Tuas West Road MRT
Sharon Lee (CEA Reg No: R027845B) 9686 4449 • 6228 6891 • sharon.lee@sg.knightfrank.com NOVEMBER 2016 - FEBRUARY 2017 • 15
INDUSTRIAL
INDUSTRIAL
LAM SOON INDUSTRIAL BUILDING 63 HILLVIEW AVENUE, D23 for sale
Jimmy Kan (CEA Reg No: R042974D) Alvin Teng (CEA Reg No: R002950I) Gerald Quek (CEA Reg No: R002959B) 6100 6261 ind@sg.knightfrank.com
SINGAPORE VIEW • 16
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.
• • • • • •
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
INDUSTRIAL
38 JALAN BUROH, D05 FOR lease
38 J A L A N BUROH A PROPOSED ERECTION OF A 9-STOREY SINGLE USER RAMP-UP WAREHOUSE WITH ANCILLARY OFFICE 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. • • • • • •
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 : From 5.60 m – 13.50 m Floor Loading : From 10 kN/m2 – 25 kN/m2 Loading/Unloading : 14 loading/unloading bays with dock levellers per floor
Alvin Teng (CEA Reg No: R002950I) Gerald Quek (CEA Reg No: R002959B) Veronica Chao (CEA Reg No: R027818E) Jimmy Kan (CEA Reg No: R042974D) 6100 0640 • ind@sg.knightfrank.com
VICTO R Y C E N TR E 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 5 minutes’ walk from Aljunied MRT station and is easily accessible via 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
Jimmy Kan (CEA Reg No: R042974D) Veronica Chao (CEA Reg No: R027818E) Gerald Quek (CEA Reg No: R002959B) 6100 1558 ind@sg.knightfrank.com
110 LORONG 23 GEYLANG, D14 FOR lease NOVEMBER 2016 - FEBRUARY 2017 • 17
INDUSTRIAL
TUAS AVENUE 12, D22 for sale
TU A S AV EN U E 1 2 JTC TYPE ‘C8 EXTENDED’ DOUBLESTOREY DETACHED STOREY WITH MEZZANINE FLOOR 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
Alvin Teng (CEA Reg No: R002950I) 9380 8662 • 6228 6893 alvin.teng@sg.knightfrank.com
11 TU A S SO U TH STREET 11 BRAND NEW HIGH SPECS INDUSTRIAL FACTORY, WITH GROUND FLOOR ACCESS FLEXIBLE LAYOUT Located within Jurong Industrial Estate, the subject property is near the future Tuas Mega Port and maritime industry in western Singapore.
• • • • • •
11 TUAS SOUTH STREET 11, D22 for sale SINGAPORE VIEW • 18
Tenure : 21 years and 6 months from June 2014 Land Area : Approx. 77,252.51 sq ft Gross Floor Area : Approx. 67,500 sq ft 2014 MP Zoning : Business 2 Ceiling Height : Prod Area – 11.6m, Below Mezz – 5.5m & Mezz floor – 4.5m Floor Loading : Ground floor – 20 kN/m2 & Mezz floor – 5 kN/m2
Veronica Chao (CEA Reg No: R027818E) 9111 7775 • 6228 6394 veronica.chao@sg.knightfrank.com
INDUSTRIAL
60 JALAN LAM HUAT, D25 FOR SALE
C A RRO S C E N TR E A PROPOSED 7-STOREY MULTI-USER RAMP-UP GENERAL INDUSTRIAL DEVELOPMENT (B2) The subject property is located along Jalan Lam Huat, off Kranji Road. It is easily accessible via BKE, SLE and KJE to Woodlands checkpoint and other parts of the island. • • • • • • • •
Tenure : Freehold Site Area : Approx. 466,000 sq ft Floor Area : From 1,700 sq ft to 2,100 sq ft 2014 Master Plan Zoning : Business 2 with 2.5 plot ratio Ceiling Height : 6m Floor Loading : 12.5 kN/m2 Loading/Unloading : 3 loading/unloading bays with 2 dock-levellers catering for up to 40 ft container trucks 2 temporary staff canteens
Gerald Quek (CEA Reg No: R002959B) 9047 7619 • 6228 7306 gerald.quek@sg.knightfrank.com
25 5 J A L A N BOON L AY 2-STOREY LABORATORY, CANTEEN AND CONSUMER SWITCH ROOM, A SINGLE STOREY OFFICE ANNEXE, A 4-STOREY REFINERY BUILDING AND A SINGLE STOREY WAREHOUSE BUILDING Strategically located at the junction of Jalan Boon Lay and Chin Bee Drive, the property is within Chin Bee Food Zone and Jurong Industrial Estate. It is about 3 minutes’ drive from Boon Lay MRT station and Boon Lay Bus Interchange, and is easily accessible via the AYE and PIE. • • • • • •
Tenure : JTC Leasehold (until 2029) Land Area : Approx. 316,000 sq ft Gross Floor Area : Approx. 130,000 sq ft 2014 Master Plan Zoning : Business 2 Plot Ratio : 2.5 Current Approved Use : Vegetable oil refinery
Gerald Quek (CEA Reg No: R002959B) 9047 7619 • 6228 7306 gerald.quek@sg.knightfrank.com Veronica Chao (CEA Reg No: R027818E) 9111 7775 • 6228 6394 veronica.chao@sg.knightfrank.com
255 JALAN BOON LAY, D22 FOR SALE NOVEMBER 2016 - FEBRUARY 2017 • 19
INDUSTRIAL
2 TUAS AVENUE 10, D22 for sale
2 TU A S AV EN U E 1 0 JTC SINGLE-STOREY DETACHED FACTORY WITH MEZZANINE OFFICE AND 3-STOREY REAR EXTENSION BLOCK 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 & 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 TH I RD LOK YA N G ROA D 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 Plot Ratio : 2.5
Ng Ee Kiat (CEA Reg No: R002972Z) 9825 0900 • 6228 7334 eekiat.ng@sg.knightfrank.com
5 THIRD LOK YANG ROAD, D22 FOR SALE SINGAPORE VIEW • 20
Lim Poh Gheok (CEA Reg No: R002915J) 9617 1066 • 6228 7382 pohgheok.lim@sg.knightfrank.com
INDUSTRIAL
11 TAI SENG DRIVE, D19 FOR SALE
11 TAI S E N G DRI V E JTC PURPOSE-BUILT 6-STOREY DETACHED FACTORY The property is strategically located in the south-eastern region of Tai Seng Drive, with excellent road frontage along Hougang Avenue 3. It is about 5 minutes’ drive from Tai Seng MRT station and easily accessible via the PIE and KPE to other parts of Singapore. • • • • • •
Tenure : JTC 60-year Leasehold (wef 1993) Land Area : Approx. 49,552 sq ft Gross Floor Area : Approx. 110,000 sq ft 2014 Master Plan Zoning : Business 2 Plot Ratio: 2.5 Sits on regularly shaped land
Veronica Chao (CEA Reg No: R027818E) 9111 7775 • 6228 6394 veronica.chao@sg.knightfrank.com
SHINE @ TUAS SOUTH 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 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.
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Tenure : 60-year Leasehold (wef 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 NOVEMBER 2016 - FEBRUARY 2017 • 21
INVESTMENT & CAPITAL MARKETS
INVESTMENT & CAPITAL MARKETS
STARS OF KOVAN
A newly launched project by well-known developer, Stars of Kovan is a high-class, luxurious mixed-use development comprising 395 residential units and 46 shops. The development is located along Upper Serangoon Road opposite Kovan MRT, with enhanced accessibility to other parts of Singapore via major expressways such as the PIE and CTE.
UPPER SERANGOON ROAD, D19
Inspired by the elegance and sophistication of English nobility, the stratatitled shops are designed with a distinctive facade possessing unique British charm, rich heritage and value. All shops are located on street level with approximately 100m length of street frontage, commanding excellent visibility and exposure to motorists and passersby along the junction of Upper Serangoon Road and Tampines Road. Each individual shop comes with distinctive shop front designs, metal framed glass panels and a wide glass door. A beautiful standout to visitors, Stars of Kovan also boasts a street level grand atrium.
for sale
James Wong (CEA Reg No: R017407Z) 9113 3113 • 6228 7345 james.wong@sg.knightfrank.com Chen Tianyi (CEA Reg No: R053702D) 8160 8808 • 6228 6890 tianyi.chen@sg.knightfrank.com
SINGAPORE VIEW • 22
• • • •
Tenure : 99-year Leasehold (wef 25 Feb 2015) Strata Area For Sale : Approx. 215 sq ft to 775 sq ft Expected TOP : Nov 2020 Developer : Kovan Treasure Pte Ltd (a subsidiary of Cheung Kong Property Holdings)
INVESTMENT & CAPITAL MARKETS
GOOD CLASS BUNGALOW AT HOLLAND RISE EAST SUSSEX LANE, D10
for sale The subject property is located within an exclusive enclave of Good Class Bungalows at Holland Rise. Within walking distance to Holland Village and Holland Shopping Centre, popular shopping and entertainment belt Orchard Road is a short drive away. Holland Village MRT station is also located within close proximity. • • • •
Tenure : Freehold Land Area : 34,631 sq ft Master Plan 2014 : Good Class Bungalow Area – Holland Rise Suitable for subdivision to 2 GCBs
Mary Sai (CEA Reg No: R027878I) 9388 7879 • 6228 6886 mary.sai@sg.knightfrank.com
NOVEMBER 2016 - FEBRUARY 2017 • 23
INVESTMENT & CAPITAL MARKETS
FREEHOLD COMMERCIAL BUILDING 118 JOO CHIAT ROAD, D15 FOR SALE
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
SINGAPORE VIEW • 24
RARE OPPORTUNITY 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 its junction of Onan Road and Crane Road. It is within walking distance to the new civic centre – Wisma Geylang Serai (u/c), formerly known as Geylang Serai Malay Village. Joo Chiat is currently undergoing a rejuvenation with many modern F&B establishments replacing trades of yesteryears.
• • • •
Tenure : Freehold Land Area : Approx. 4,686 sq ft Gross Floor Area : Approx. 18,571 sq ft Master Plan 2014 : “Commercial” GPR 3.0
INVESTMENT & CAPITAL MARKETS
GSH PLAZA 20 CECIL ROAD, D01 FOR SALE
PRIME RAFFLES PLACE GSH Plaza is strategically located on the nexus of Church, Market and Cecil Streets, and is accessible via sheltered walkway to Raffles Place MRT station. The 28-storey plaza is a premium grade intelligent office building and is a landmark development in the heart of Singapore’s core financial and business district at Raffles Place.
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
Upon completion, major enhancements will be made to its facade and internal layout. This is an exclusive opportunity for professionals, entrepreneurs and investors to own and leverage from the synergies of the financial institutions, multinational corporations and a plethora of businesses in close proximity.
• • •
Available Sizes : 474 sq ft – 10,000 sq ft Retail Amenities Floor to Ceiling Height : 4.1m
NOVEMBER 2016 - FEBRUARY 2017 • 25
INVESTMENT & CAPITAL MARKETS
A N Z BU I LD I N G, 38 0 CO LLI N S STREET MELBOURNE, AUSTRALIA for sale The ANZ Building is one of the most iconic buildings in Australia, located in the heart of the Melbourne's CBD. It is a cornerstone of banking history as the World HQ of ANZ Bank and has also won many accolades for its gothic architecture and design. It is an asset which rarely comes to the market and an excellent core plus opportunity, given the short term repositioning strategy after ANZ leaves. • • • •
37-storey prime grade office building Rentable Area : Approx. 38,360 sq m NLA 100% let to ANZ Bank Sale and leaseback agreement from ANZ for a period of 2.5 years
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
66 GOU LBU RN STREET SYDNEY, AUSTRALIA for sale Situated within the Midtown precinct and located in the heart of Sydney's traditional legal and government district, 66 Goulburn Street has historically proved very popular with occupiers with its coveted 5 star NABERS rating and 360 degree view corridors. • • • • •
30-storey Grade A office building Rentable Area : Approx. 22,929 sq m NLA Secure, long term income with a WALE of approx. 6.1 years Efficient, column-free floor plates Capitalise on a number of short, medium and long term value add opportunities
Wendy Tung (CEA Reg No: R051270F) 9617 1178 • 6228 6874 wendy.tung@sg.knightfrank.com Karen Wan (CEA Reg No: R040821F) 9772 8042 • 6228 6809 karen.wan@sg.knightfrank.com SINGAPORE VIEW • 26
INVESTMENT & CAPITAL MARKETS
1 0 F E N C HU R CH STREE T LONDON, EC3 FOR SALE The subject property is a highly reversionary freehold office in the heart of the city, offering both exceptional asset management opportunities and outstanding longer-term redevelopment potential. • • • • • •
Area : 77,652 sq ft Extended and comprehensively redeveloped in 2009 Multi-let with a WAULT of 4.5 years to breaks and 5 years to expiries Highly reversionary passing rent of £3,795,849.50 p.a. Low overall rent of £49.51 psf in the context of city rents, achieving in excess of £70 psf Low site massing provides potential for a scheme of 25 storeys, subject to approval
Ian Loh (CEA Reg No: R027865G) 8838 3288 • 6228 6823 ian.loh@sg.knightfrank.com Wendy Tung (CEA Reg No: R051270F) 9617 1178 • 6228 6874 wendy.tung@sg.knightfrank.com
NORT H P O IN T, SURF E R S PARA DIS E
QUEENSLAND, AUSTRALIA FOR SALE
Knight Frank has been appointed by the Banyan Tree Group to offer Northpoint, an extraordinary opportunity in a very limited market on the oceanfront of the Gold Coast. • •
• •
Site Area : 4,424 sq m Proposed development of 2 high-rise towers comprising 434 units (hotel, serviced apartments, prestige condominiums), plus ground floor retail & back-of-house facilities Potential GFA in excess of 66,000 sq m DA Approved
Wendy Tung (CEA Reg No: R051270F) 9617 1178 • 6228 6874 wendy.tung@sg.knightfrank.com Karen Wan (CEA Reg No: R040821F) 9772 8042 • 6228 6809 karen.wan@sg.knightfrank.com NOVEMBER 2016 - FEBRUARY 2017 • 27
INVESTMENT & CAPITAL MARKETS
PHNOM PENH, CAMBODIA FOR SALE
BO D A I J U RESI D EN CES FREEHOLD SERVICED RESIDENTIAL DEVELOPMENT The subject property is a freehold serviced residential development strategically located opposite Phnom Penh International Airport and next to Lion City Mall, which will include a large shopping mall to be operated and anchored by Parkson. • • • • •
Potential engagement of established serviced residence operator Tenure : Freehold Land Area: Approx. 25,381 sq ft Gross Floor Area : Approx. 118,403 sq ft Due for Completion : 2019
Marvelle Wong (CEA Reg No: R055510C) 9753 5878 • 6228 7359 marvelle.wong@sg.knightfrank.com Lennon Koh (CEA Reg No: R022673H) 9748 7400 • 6228 7327 lennon.koh@sg.knightfrank.com
H EXA CU BE FREEHOLD COMMERCIAL DEVELOPMENT 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. • • •
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
CHANGI ROAD, D14 FOR SALE SINGAPORE VIEW • 28
Chen Tianyi (CEA Reg No: R053702D) 8160 8808 • 6228 6890 tianyi.chen@sg.knightfrank.com
INVESTMENT & CAPITAL MARKETS
OUTRAM ROAD, D03 for sale
OU TRA M RO A D 4 ADJOINING 4-STOREY SHOPHOUSES The subject properties are 4 adjoining 4-storey shophouses comprising ground floor shops and 12 apartments on the 2nd to 4th level. They are located in a popular F&B locale and close to Outram MRT station. • • • •
Tenure : Freehold Land Area: 6,125 sq ft Gross Floor Area: Approx. 16,061 sq ft Master Plan 2014: Residential with Commercial at 1st storey
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
NE I L RO A D 2-STOREY INTERMEDIATE SHOPHOUSE WITH ATTIC The subject property is a 2-storey intermediate shophouse unit with attic, located along Neil Road.
• • • •
Tenure : 99 years (wef 1989) Land Area : 1,401 sq ft Gross Floor Area: Approx. 2,530 sq ft Master Plan 2014 : “Commercial” within Tanjong Pagar Conservation Area
James Wong (CEA Reg No: R017407Z) 9113 3113 • 6228 7345 james.wong@sg.knightfrank.com Lennon Koh (CEA Reg No: R022673H) 9748 7400 • 6228 7327 lennon.koh@sg.knightfrank.com
NEIL ROAD, D02 FOR SALE NOVEMBER 2016 - FEBRUARY 2017 • 29
OFFICE
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
OFFICE
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 NOVEMBER 2016 - FEBRUARY 2017 • 31
PROPERTY ASSET MANAGEMENT
PROPERTY ASSET MANAGEMENT ASSET MANAGEMENT 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
BEDOK TOWN SQUARE SINGAPORE VIEW • 32
HILLION MALL
FOR MORE INFORMATION ON ASSET AND STRATA MANAGEMENT, PLEASE CONTACT: 6848 5678 enquiries@kfpam.com.sg
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-net-worth individuals, engage us for landlord-tenant services, including leasing, re-sale, rent collection and general management.
S K Y @ ELEVEN
ALBA
DISTRICT 11 273 UNITS
DISTRICT 09 50 UNITS
D RAY C OTT 8
HE L IO S
DISTRICT 10 136 UNITS
DISTRICT 09 140 UNITS
NOVEMBER 2016 - FEBRUARY 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 : price on application
WHERE CONVENIENCE MEETS LUXURY 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 at a distance of less than 2 km.
Eric Liew (CEA Reg No: R021280Z) 9824 9966 eric.liew@sg.knightfrank.com
SINGAPORE VIEW • 34
• • • • •
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
LOCAL
THE NASSIM NASSIM HILL, D10 for sale price on application
Gwen Lim (CEA Reg No: R027862B) 9199 2377 gwen.lim@sg.knightfrank.com
A PIECE OF HISTORY – THE NASSIM Nestled within a lush, tropical enclave in a Good Class Bungalow area, The Nassim comprises 55 highly exclusive units. Inspired by black-and-white houses of the colonial area, The Nassim perfectly blends contemporary comforts with the gracious living of yesteryear. Located at the beginning of Tanglin Road and Orchard Road, Nassim Hill is just a turn away from the famous shopping belt of Singapore.
• • • • •
Tenure : Freehold 3 to 5 Bedroom Apartments & Penthouses 1,927sq ft – 9,300 sq ft Total Units : 55 Developed by : CapitaLand Ltd
NOVEMBER 2016 - FEBRUARY 2017 • 35
LOCAL
CAIRNHILL NINE CAIRNHILL ROAD, D10 for sale Guide price : Average Sgd 2,600 psf
Lawrence Ng (CEA Reg No: R053438F) 8128 6589 lawrence.ng@sg.knightfrank.com
SINGAPORE VIEW • 36
UNIQUE CITY LIFESTYLE 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. 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
LOCAL
BOTANIQUE AT BARTLEY
60 PAYA LEBAR ROAD, D19 for sale GUIDE PRICE : AVERAGE sgd 1,350 PSF
BECKONING • BEAUTY • BESPOKE 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. 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 the Bartley MRT station just 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
NOVEMBER 2016 - FEBRUARY 2017 • 37
LOCAL
MARINA ONE RESIDENCES 21 MARINA WAY, D01 for sale GUIDE PRICE : AVERAGE sgd 2,300 psf
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 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 • 38
• • • • •
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
THE PANORAMA ANG MO KIO AVENUE 2, D20 for sale Guide price : Average Sgd 1,200 psf
Eric Liew (CEA Reg No: R021280Z) 9824 9966 eric.liew@sg.knightfrank.com
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 the 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)
NOVEMBER 2016 - FEBRUARY 2017 • 39
LOCAL
21 ANGULLIA PARK, D09 for sale Price on application
TWEN TYO N E A N GU LLI A PA RK 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
REI G N WOOD H A MI 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. • • • • •
37 SCOTTS ROAD, D09 for sale Price on Application SINGAPORE VIEW • 40
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
SKY LI N E RE SI DE N CE S 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. Skyline Residences is located right in the heart of the action with VivoCity and HarbourFront Centre just a stone’s throw away and choice schools in the 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
SKY VU E A HOME FOR ALL THAT YOU DESIRE Sky Vue is a connection, a statement and a home. It means connecting to the city and all the things that matter, a home that embraces different lifestyles and one that lets you be who you want to be. The development is a 10-minute drive to Orchard Road while the nearby Bishan Park provides an escape from the hustle and bustle of the city. A variety of dining, shopping and entertainment options beckon in the surrounding community, while sports and nature lovers will enjoy weekends at the park. • • • • •
Tenure : 99-year Leasehold 1 to 3 Bedroom Apartments & Penthouses 484 sq ft - 1,905 sq ft Total units : 694 Developed by : Allamanda Residential Development Pte Ltd
Lawrence Ng (CEA Reg No: R053438F) 8128 6589 lawrence.ng@sg.knightfrank.com
BISHAN STREET 15, D20 for sale Guide price : Average Sgd 1,550 psf NOVEMBER 2016 - FEBRUARY 2017 • 41
LOCAL
610 TELOK BLANGAH ROAD, D04 for sale guide price : AVERAGE sgd 2,000 psf
LOCAL
YISHUN STREET 51, D27 for sale Price on application
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. • • • • • • •
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
Eric Liew (CEA Reg No: R021280Z) 9824 9966 eric.liew@sg.knightfrank.com
A M BER SK YE 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. • • • • •
8 AMBER ROAD, D15 for sale Guide price : Average Sgd 1,850 psf SINGAPORE VIEW • 42
Tenure : Freehold 1 to 3 Bedroom Apartments, Grandeur, Grand Villas & Penthouses 527 sq ft - 5,177 sq ft Total Units : 109 Developed by : CS Amber Development Pte Ltd (JV between China Sonangol Land and OKP Land Pte Ltd)
Lawrence Ng (CEA Reg No: R053438F) 8128 6589 lawrence.ng@sg.knightfrank.com
THE V E N U E R E S I D EN CE S A N D S HO P PE S 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
Artist's Impression
THE B ROW N S T O N E 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 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.
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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
CANBERRA DRIVE, D27 for sale Guide price : 3-br unit from SGD 758 psf NOVEMBER 2016 - FEBRUARY 2017 • 43
LOCAL
TAI THONG CRESCENT, D13 for sale guide price : 2-BR suite from Sgd 1,197 psf
LOCAL
BISHAN STREET 15, D20 for sale Guide price : Average sgd 1,550 psf
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 the 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
Lawrence Ng (CEA Reg No: R053438F) 8128 6589 lawrence.ng@sg.knightfrank.com
LI N COLN SU I TES PURE INSPIRATION An iconic freehold residence located in Novena, Lincoln Suites is one of the most sought-after residential enclaves in Singapore. • • • • •
KHIANG GUAN AVENUE, D11 for sale Guide price : Average sgd 1,581 psf SINGAPORE VIEW • 44
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
T H E R IS E @ OX L E Y 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 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 Line. • • • • • •
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
Eric Liew (CEA Reg No: R021280Z) 9824 9966 eric.liew@sg.knightfrank.com
R I V E R S A IL S LIVE THE GREAT OUTDOORS At Riversails, get to practically live in the great outdoors and discover the splendours of riverfront living. Busy lifestyles leave us little time for play, but with so many thrilling facilities offered on site, making time for leisure will be an effortless choice. • • • • •
Tenure : 99-year Leasehold 1 to 4 Bedroom Apartments & Penthouses 505 sq ft - 2,970 sq ft Total Units : 920 Developed by : Allgreen Properties Limited
Lawrence Ng (CEA Reg No: R053438F) 8128 6589 lawrence.ng@sg.knightfrank.com
UPPER SERANGOON CRESCENT, D19 for sale Guide price : Average sgd 1,050 psf NOVEMBER 2016 - FEBRUARY 2017 • 45
LOCAL
71 OXLEY RISE, D09 for sale guide price : Average sgd 2,350 psf
LOCAL
ENGGOR STREET, D02 for sale Guide price : Average sgd 2,300 psf
SK YSU I TES @ A N SO N 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
Lawrence Ng (CEA Reg No: R053438F) 8128 6589 lawrence.ng@sg.knightfrank.com
CA SCA D I A THE PENTHOUSE COLLECTION This luxurious development offers a range of generous and spacious penthouse units. Located at Bukit Timah, Cascadia is only a short drive away from Sixth Avenue MRT station. • • • •
BUKIT TIMAH ROAD, D21 for sale Guide price : Average sgd 950 psf SINGAPORE VIEW • 46
Tenure : Freehold 2 to 3 Bedroom + Study Apartments & Penthouses 1,679 sq ft – 2,970 sq ft Units Available : 10
Lawrence Ng (CEA Reg No: R053438F) 8128 6589 lawrence.ng@sg.knightfrank.com
ONE EIG H T IE S RE SI D E N CE S EXPERIENCE A SENSE OF ARRIVAL Nestled within a neighbourhood rich in Peranakan culture, vibrant food, retail malls and chic entertainment outlets, One Eighties Residences is that edgy residence you have been looking for. • • • • •
Tenure : Freehold 1 to 2 Bedroom Apartments & 3 Bedroom Penthouses 549 sq ft – 1,281 sq ft Total Units : 52 Developed by : Santa Land Pte Ltd
Lawrence Ng (CEA Reg No: R053438F) 8128 6589 lawrence.ng@sg.knightfrank.com
DU N M A N RE GE N C Y PRIVILEGED LIVING FOR THE DISCERNING FEW A modern boutique development located in the heart of District 15, comprising 12 exclusive units in a single five-storey block. • • • • •
Tenure : Freehold 2 to 3 Bedroom Apartments & Penthouses 797 sq ft – 1,604 sq ft Total Units : 12 Developed by : GHC Building Construction Pte Ltd
Lawrence Ng (CEA Reg No: R053438F) 8128 6589 lawrence.ng@sg.knightfrank.com
DUNMAN ROAD, D15 for sale Guide price : Average Sgd 1,500 psf NOVEMBER 2016 - FEBRUARY 2017 • 47
LOCAL
JOO CHIAT TERRACE, D15 for sale guide price : sgd 1,520 psf
INTERNATIONAL
RESIDENTIAL INTERNATIONAL PROJECTS
LINCOLN SQUARE LONDON WC2 FOR SALE Guide Price : GBP 1,100,000 onwards
WHERE GREAT MINDS LIVE Lincoln Square provides a unique opportunity to own a high quality residence in one of London’s finest neighbourhoods. Located on a rare island site, the building has views of the adjacent Royal Courts of Justice, the London School of Economics, the old Land Registry building and Lincoln’s Inn fields. Close to Lincoln Square, Covent Garden is one of London’s key shopping destinations, with internationally renowned brands, fashion boutiques, vintage stores and one of the world’s biggest Apple stores. Travelling from Lincoln Square couldn’t be easier with numerous London Underground stations close by – Holborn, Temple, Covent Garden and Chancery Lane are within 10 minutes’ walk. The opening of Crossrail in 2018 will significantly improve travel times to Heathrow and Canary Wharf.
Linda Chern (CEA Reg No: R030706A) 8228 8836 linda.chern@sg.knightfrank.com
SINGAPORE VIEW • 48
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Tenure : 999-year Leasehold Studio, 1 to 3 Bedroom Apartments Built-up Area : 568 sq ft onwards Total Units : 203 Estimated Completion Date : Q4 2018 Developer : Lodha
INTERNATIONAL
HAMPSTEAD MANOR DISTINGUISHED LIVING AT HAMPSTEAD MANOR Hampstead Manor is located on leafy Kidderpore Avenue, just minutes from the centre of Hampstead Village. Exquisitely conceived and crafted, its 156 homes exude effortless sophistication and range from crisp contemporary apartments to impeccably converted Grade II listed properties. Set over 13 distinct buildings along a handsome, historic avenue, the development is a truly remarkable proposition – an intriguing mix of eras and architectural styles that begs to be explored, a triumph of the art of restoration and an exquisite collection of considered, crafted homes. Hampstead Manor’s is a story of artistry, imagination and rural tranquillity that epitomises the qualities that have long made NW3 one of Britain’s most desirable postcodes. • • • • • •
KIDDERPORE AVENUE, LONDON NW3 FOR SALE GUIDE PRICE : GBP 755,000 onwards
Tenure : 999-year Leasehold Studio, 1 to 5 Bedroom Apartments Built-up Area : 550 sq ft onwards Total Units : 156 Estimated Completion Date : Q1 2018 to Q1 2019 Developer : Mount Anvil
Paleenia Wong (CEA Reg No: R031243Z) 9768 8788 paleenia.wong@sg.knightfrank.com
NOVEMBER 2016 - FEBRUARY 2017 • 49
INTERNATIONAL
STAINES UPON THAMES LONDON TW18 4BY FOR SALE Guide Price : GBP 340,000 onwards
CONTEMPORARY LIVING AT A STYLISH NEW ADDRESS 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
Wen Xiong Danubrata (CEA Reg No: R027628Z) 9199 5476 wenxiong.danubrata@sg.knightfrank.com
SINGAPORE VIEW • 50
168 HIGH STREET, WINDSOR, MELBOURNE, AUSTRALIA for sale guide price: AUD 399,000 onwards
A CONTRAST OF CLASSIC AND CONTEMPORARY Windsor Terrace building has two facades, one on High Street, and the other on Victoria Street. Each apartment offers high quality fixtures and finishes, boasts large open-plan living spaces and views across the neighbourhood from the upper levels. They are distinctly uncommon, with high ceilings and breathtaking internal courtyards. Windsor Terrace is only moments from Chapel Street, which is renowned for its shopping, food and entertainment. Trains, trams and buses are all just moments from your doorstep, bringing you where you need to be quickly and efficiently. • • • • • •
Tenure : Freehold 1 to 3 Bedroom Apartments Built-up Area : 484.34 sqft onwards Total Units : 52 Estimated Completion Date : Q3 2018 Developed by : Topgan Group
Louisa Yap (CEA Reg No: R031229D) 8522 7520 louisa.yap@sg.knightfrank.com
ESSE N C E SURFERS PARADISE WATERFRONT APARTMENTS 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 metropolitansuburban living, residents at Essence will be able to enjoy living in lush green environment while being foot steps 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. • • • • • •
Tenure : Freehold 2 & 3 Bedroom Apartments Built-up Area : 1,065 sq ft onwards Total Units : 183 Estimated Completion Date : Q2 2018 Developer : Morris Property Group
Linda Chern (CEA Reg No: R030706A) 8228 8836 linda.chern@sg.knightfrank.com
18 REMEMBRANCE DRIVE, SURFERS PARADISE, GOLD COAST, AUSTRALIA for sale Guide price : AUD 450,000 onwards NOVEMBER 2016 - FEBRUARY 2017 • 51
INTERNATIONAL
WI N DS O R T E RRA C E
INTERNATIONAL
AURELIA 1 HARPER TERRACE, SOUTH PERTH, WESTERN AUSTRALIA for sale GUIDE PRICE : AUD 450,000 ONWARDS
CAPTIVATE YOUR HEART, MIND AND SOUL Embark upon a lifetime of luxurious living near the shores of the Swan River at Aurelia, Finbar’s breathtaking new release occupying the prestigious address of 1 Harper terrace, South Perth. Aurelia is the epitome of South Perth – sophisticated, exclusive and highly sought after, crowned with an effortless air of relaxation. Situated in an ideal location close to many attractions and amenities, you will never have to travel far. The Swan River foreshore is just 200m away, the Perth CBD a short 2km away and the South Perth shopping plaza only 175m from this development. Residents will enjoy the range of resort style facilities Aurelia has to offer, including an infinity edge pool, a large pool cabana equipped with an outdoor kitchen and fully equipped gymnasium.
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Tenure : Freehold 1 to 3 Bedroom Apartments Built-up Area : 571 sq ft onwards Total Units : 118 Estimated Completion Date : Early 2018 Developer : Finbar Group Limited
Paleenia Wong (CEA Reg No: R031243Z) 9768 8788 paleenia.wong@sg.knightfrank.com
SINGAPORE VIEW • 52
INTERNATIONAL 99 MILLPOINT ROAD, SOUTH PERTH, AUSTRALIA FOR SALE
CIVIC HEART A SUBURB HIGH IN DEMAND
Guide Price : AUD 470,000 onwards At Civic Heart, luxurious apartments with breathtaking views and five-star facilities are beautifully complemented by a cosmopolitan atrium-style mall, placing many modern conveniences at your fingertips. Select the residence that sets your heart racing, from the sublime Platinum apartments and spectacular Sky Homes to the towering penthouses. Each residence achieves a consummate standard of style and comfort, including Miele appliances, ducted airconditioning, engineered wood flooring and double glazed windows with magnificent views from the best vantage point in South Perth.
Wen Xiong Danubrata (CEA Reg No: R027628Z) 9199 5476 wenxiong.danubrata@sg.knightfrank.com
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Tenure : Freehold 1 to 3 Bedrooms Apartments Built Up Area : 560 sq ft onwards Total Units : 294 Estimated Completion Date : Late 2018 / Early 2019 Developer : Finbar Group Limited
NOVEMBER 2016 - FEBRUARY 2017 • 53
INTERNATIONAL
Artist Rendering
EIGHTY SEVEN PARK BY RENZO PIANO BUILDING WORKSHOP WHERE PARK MEETS OCEAN Eighty Seven Park by Renzo Piano Building Workshop is a selection of private Miami Beach oceanfront residences designed to seamlessly embrace park and ocean in Miami Beach’s newest neighbourhood. The development consists of seventy beachfront residences over eighteen floors, each with private elevator access. Full-floor residences offer 360-degree views of the ocean, park, bay and city. The grounds are surrounded by lush, green areas consisting of the redesigned 35acre North Shore Park to the south and a private garden designed by renowned landscape architect West 8. Amenities include two oceanfront swimming pools, a soul centre and full service spa with personal treatment rooms, a state-of-the-art fitness centre, 24-hour security & concierge services as well as access to private gardens. • • • • • •
Tenure : Freehold 1 to 5 Bedroom Apartments Built Up Area : 1,018 sq ft onwards Total Units : 70 Estimated Completion Date : Q3 2018 Developer : Terra Group & Bizzi Partners Development
SINGAPORE VIEW • 54
COLLINS AVENUE, MIAMI BEACH, FLORIDA FOR SALE Guide Price : USd 1,800,000 onwards
Louisa Yap (CEA Reg No: R031229D) 8522 7520 louisa.yap@sg.knightfrank.com
INTERNATIONAL
111 MURRAY STREET TRIBECA, NEW YORK FOR SALE GUIDE PRICE : USD 2,500,000 onwards
Artist Rendering
MODERNISM LIVES IN TRIBECA 111 Murray Street soars some 800 feet, offering 157 residences ranging from one-bedrooms to full-floor penthouses, many with cinematic views of the Manhattan skyline, Hudson River, New York Harbour and beyond. This world-class condominium tower is a collaboration between some of the best and brightest minds in architecture and design, with architecture by Kohn Pedersen Fox, residence interiors by David Mann, amenities and public spaces by David Rockwell and landscape architecture by Edmund Hollander. With a gently curved crystalline facade, the building’s sculptural silhouette softly flares to a peaked crown at its pinnacle, creating a bold new shape on the city skyline. Over 20,000 square feet of private indoor and outdoor spaces include two levels of state-of-the-art amenities as well as stunning landscaped gardens, seamlessly integrating the interiors and the outdoors. • • • • • •
Tenure : Freehold 1 Bedroom Apartments to Full-floor Penthouses Built-up Area : 791 sq ft onwards Total Units : 157 Estimated Completion Date : Q1 2018 Developer : Fisher Brothers, Witkoff, and New Valley
Linda Chern (CEA Reg No: R030706A) 8228 8836 linda.chern@sg.knightfrank.com
NOVEMBER 2016 - FEBRUARY 2017 • 55
INTERNATIONAL
Artist Rendering
565 BROOME 565 BROOME SOHO RESIDENCES BY RENZO PIANO BUILDING WORKSHOP Pritzker prize-winning architect, Renzo Piano’s first New York City residential project can be found in SoHo, with the best of downtown just outside your door. 565 Broome Street will be unlike any other project in SoHo, bringing world-class architecture and interior design to downtown’s most desirable neighbourhood. With a curved façade clad in low-iron glass, this building will have incredible light, becoming a beacon for an ever-evolving downtown skyline. • • • • • •
Tenure : Freehold Studio to 4 Bedroom Apartments Built-up Area : 458 sq ft onwards Total Units : 115 Estimated Completion Date : Q2 2018 Developer : Bizzi & Partners
SINGAPORE VIEW • 56
SOHO, NEW YORK FOR SALE Guide Price : USD 970,000 onwards
Paleenia Wong (CEA Reg No: R031243Z) 9768 8788 paleenia.wong@sg.knightfrank.com
INTERNATIONAL
STEINER EAST VILLAGE 438 EAST 12TH STREET, EAST VILLAGE, NEW YORK FOR SALE GUIDE PRICE : USd 1,350,000 onwards
Artist Rendering
A PRIVATE RETREAT STYLED FOR THE EAST VILLAGE Inspired by the low-rise side streets and neighbourhood landscape, the footprint of Steiner East Village envelopes a private, lush garden. The courtyard is just one of the thoughtful amenities of this unique, fullservice condominium in New York’s most eclectic, intriguing and authentic neighbourhood. Every detail is meticulously considered, from the imported handmade brick to the programming of 16,000 square feet of indoor and outdoor amenities. As the developer of the largest film studio east of Los Angeles, Steiner is known for transformative projects. • • • • • •
Tenure : Freehold 1 to 4 Bedroom Apartments Built-up Area : 608 sq ft onwards Total Units : 82 Estimated Completion Date : Q4 2017 Developer : Steiner NYC
Wen Xiong Danubrata (CEA Reg No: R027628Z) 9199 5476 wenxiong.danubrata@sg.knightfrank.com
NOVEMBER 2016 - FEBRUARY 2017 • 57
INTERNATIONAL
MAPLES
TAKE A LEAP OF FAITH INTO POWDER HEAVEN
NISEKO, JAPAN FOR SALE
The Maples in Niseko is a ski in ski out condominium well located to take advantage of the best ski slopes and amenities the resort can offer. With a variety of offerings ranging from studios to penthouses, this freehold development caters to families, young professionals and investors looking for a second home within Asia.
Guide Price : JPY 30,000,000 onwards
Louisa Yap (CEA Reg No: R031229D) 8522 7520 louisa.yap@sg.knightfrank.com
SINGAPORE VIEW • 58
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Tenure : Freehold Studio, 2 to 3 Bedroom Apartments & Penthouses Built-up Area : 375 sq ft onwards Total Units : 69 Estimated Completion Date : Dec 2018 Developer : Keimin Investments Pte Ltd (an associate company of Cathay Organisation Pte Ltd)
PHNOM PENH, CAMBODIA FOR SALE
guide price : USD 117,000 retail residential : USd 166,760 : USd 117,328 soho
COMMERCIAL • RESIDENTIAL • SOHO 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. 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 main five-star hotels. The Bridge is also blessed with scenic panoramic views of the Bassac River, Diamond Island and the beautiful city of Phnom Penh. • • • • • •
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
NOVEMBER 2016 - FEBRUARY 2017 • 59
INTERNATIONAL
THE BRIDGE
LEASING
RESIDENTIAL LEASING
TR E ASU R E O N BA L M O R A L 5 BALMORAL ROAD, D10 for lease ASKING RENT : sGD 7,400 to sGD 10,000 (negotiable)
Vienn Leow (CEA Reg No: R024855C) 9668 5572 vienn.leow@sg.knightfrank.com
SINGAPORE VIEW • 60
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 as Treasure on Balmoral is within walking distance to Newton MRT station and travel to the business hub a brisk 10 minutes away via Stevens Road and the CTE.
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Tenure : Freehold 4 Bedroom Apartments & Penthouses 1,991 sq ft – 3,671 sq ft
TA N CHIN T U A N MAN 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 4 + 1 Bedroom 3,972 sq ft Spacious layout
Paul Ryan Soh (CEA Reg No: R022676B) 8233 3852 paulryan.soh@sg.knightfrank.com
C AV E N A G H F O RTU N A 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 3 Bedroom Apartments 560 sq ft – 2,454 sq ft
Nigel Low (CEA Reg No: R022696G) 9794 5224 nigel.low@sg.knightfrank.com
CAVENAGH ROAD, D09 for lease ASKING RENT : sGD 2,800 onwards
NOVEMBER 2016 - FEBRUARY 2017 • 61
LEASING
CAIRNHILL ROAD, D09 for lease ASKING RENT : sGD 15,000 onwards
SALES
RESIDENTIAL S ALES TOH C R E S CE N T
TH E LU XU RI E
TOH DRIVE, D17 ASKING PRICE : sgd 3,000,000
21 SENGKANG SQUARE, D19 ASKING PRICE : sgd 1,600,000 (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.
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 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 • 62
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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
SALES
LA SU IS S E II
SEA SCA PE @ SEN TOSA COV E
1 SWISS VIEW, D11 ASKING PRICE : sgd 2,600,000 (negotiable)
55 COVE WAY, D04 ASKING PRICE : Sgd 5,300,000 (NEGOTIABLE)
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, 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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Tenure : 999-year Leasehold 3 Bedrooms + 1 helper 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 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
NOVEMBER 2016 - FEBRUARY 2017 • 63
RETAIL
RETAIL
HILLION MALL 17 PETIR ROAD, SINGAPORE 678278 D23
THE HEART OF BUKIT PANJANG Set to be the hub of Bukit Panjang, Hillion Mall is Singapore’s first mixed-use development in the West to integrate a retail mall with a private condominium, bus interchange as well as both MRT and LRT stations. The mall covers an estimated Gross Floor Area of 240,000 sq ft spread over 4 levels (including 2 basement levels). Hillion Mall is directly linked to Bukit Panjang MRT Interchange Station (Downtown Line 2), with both the existing Bukit Panjang LRT Station and Bukit Panjang Bus Interchange set to be seamlessly integrated with the mall upon full completion. Located at the junction of Petir and Jelebu Road, its close proximity to BKE and PIE adds to the already excellent accessibility. Hillion Mall is targeted to commence operations in the first half of 2017. Knight Frank is the Retail Consultant and Sole Marketing Agent for Hillion Mall.
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Sara Ching (CEA Reg No: R041084I) 9003 8066 • 6228 6846 sara.ching@sg.knightfrank.com
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BE A UT Y KI TCH EN BY FACE BISTRO Face Bistro launched its first unique beauty concept store, Beauty Kitchen, in July 2016, offering a variety of health food and skin care products imported from Japan. Located at Raffles Holland V mall, Beauty Kitchen strategically compliments the Face Bistro SPA across Holland Road, as it extends interaction with shoppers in this vibrant and lively neighbourhood. Beauty Kitchen is home to a suite of unique products and brands. Formerly from the R&D division of Sony Corp, the successfully run Soigne professional skin care was first introduced and applied in facial courses in 2005. It was also the year when the SPA began its roots in Singapore. Subsequently, full body care range Vecua Honey, professional make up range Satishe Delitia, and skin care range La Mente came on board. The Japanese brands can be found exclusively at the Face Bistro SPA and Beauty Kitchen at Holland Village.
RAFFLES HOLLAND V, 118 HOLLAND AVENUE, SINGAPORE 278997, D10
Cherie Chan (CEA Reg No: R050976D) 9696 6513 • 6228 6884 cherie.chan@sg.knightfrank.com
PÂTI SS E Z SI NGAP O R E THE START OF THE INTERNATIONAL FREAKSHOW It all began in a small store at the heart of Canberra, Australia. Anna Petridis had the idea for “The FreakShake™” – the craziest, tastiest and most epic milkshake you will ever have. It was an idea that everyone had little faith in initially, but in a short span of 12 months, the Pâtissez FreakShake™ proved naysayers wrong. Its very own hashtag has been posted more than 20,000 times, and stores were established in Canberra, in Kuala Lumpur, Malaysia, and more recently, in Holland Village, Singapore. The FreakShake™ is an artisan dessert in the form of a milkshake, where each one has a theme specially handcrafted from top to toe. To date, Pâtissez has an epic catalogue boasting more than 25 different FreakShakes™, with flavours varying from chocolate fudge, chewy brownies and toasted house-made marshmallows, to bubbly, honeycomb-dipped ice cream pops, gooey snickers peanut caramel and chocolate mint ice cream cookie sandwiches.
RAFFLES HOLLAND V, 118 HOLLAND AVENUE, SINGAPORE 278997, D10
Cherie Chan (CEA Reg No: R050976D) 9696 6513 • 6228 6884 cherie.chan@sg.knightfrank.com NOVEMBER 2016 - FEBRUARY 2017 • 65
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YI J I A COFFEE H OU SE COOKING WITH HEART & SOUL
ZHENGHUA COMMUNITY CLUB, #01-02/03 1 SEGAR ROAD, SINGAPORE 677738, D23
Yi Jia Coffee Shop has opened a new eatery at Zhenghua Community Centre to offer a variety of food at affordable prices to nearby residents. The diverse choices include Chinese, Malay, Western, Indian-Muslim, Seafood and Teochew Porridge. Amongst them is an Indian-Muslim stall which was from Clementi Avenue 2 that is famous for their mutton soup priced at only $4.50. Differentiating from other coffeeshops, Yi Jia brought in their famous bakery concept, providing freshly baked bread and buns every morning. With about 30 items on their breakfast menu, the price ranges from $1.10 to $1.50. Mr Low Chiew Hong (owner of Yi Jia) targets to include cakes on the menu, offering high tea options to customers in the near future. Irene Siah (CEA Reg No: R045649J) 9768 6812 • 6228 7332 irene.siah@sg.knightfrank.com
K I N D ERG OLF WORLD'S FIRST AND ONLY GOLF SPECIALIST FOR KIDS
CAIRNHILL COMMUNITY CLUB, #03-09 1 ANTHONY ROAD, SINGAPORE 229944, D09
KinderGolf was founded in 2000 by Ms Donna Lee, a golf professional dedicated to developing the next generation of excellent golfers. As a pioneer in preschool golf education, lessons are based on the KinderGolf Development System (KDS), with an expanded program for 8 to 15 years old based on the TeeOne Development System (t1DS). Both programmes are proprietary curricula designed to cultivate holistic skills in children, and were developed, tested and refined by Ms Lee over the past 15 years. KinderGolf training has received endorsements from parents, organizations, individuals and the media, having propelled students to many wins and heightened recognition within the golfing community. Equally committed to quality and consistent coaching, they also facilitate the continual progress of their coaches through the Swing U Teacher Training Program. Beyond instilling the foundation of golf, KinderGolf promotes life values and family bonding opportunities. One outstanding example – KinderGolf's flagship golf tournament, Super Juniors, where KinderGolfers and their parents team up as player and caddy. Irene Siah (CEA Reg No: R045649J) 9768 6812 • 6228 7332 irene.siah@sg.knightfrank.com
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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 2016 - FEBRUARY 2017 • 67
KnightFrank.com.sg
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