SINGAPORE VIEW A COLLECTION OF THE FINEST PROPERTIES & DEVELOPMENTS - NOV 2017 - FEB 2018 - Knight Frank
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SINGAPORE
VIEW
A COLLECTION OF THE FINEST
PROPERTIES & DEVELOPMENTS
NOV 2 0 1 7 - FE B 2 0 1 8
NOVEMBER 2017 - FEBRUARY 2018 • 1
CONTENTS
16 04
WELCOME
06
MARKET RESEARCH
12
ADVISORY SERVICES
14
AUCTION
19 25
INDUSTRIAL
23
INVESTMENT &
CAPITAL MARKETS 32
29
OFFICE
30
PROPERTY ASSET
MANAGEMENT
SINGAPORE VIEW • 2
46
32
RESIDENTIAL
LOCAL PROJECTS
42
RESIDENTIAL
INTERNATIONAL
PROJECTS
55
58
RESIDENTIAL
LEASING
60
RESIDENTIAL SALES
62
RETAIL
64
NOVEMBER 2017 - FEBRUARY 2018 • 3
SINGAPORE VIEW
NOV 2017 - FEB 2018 EDITOR Liew Lixia
RESEARCH CONTENT Alice Tan
COVER IMAGE MARINA ONE RESIDENCES MARKETING Phyllis Goh
READ MORE ON PAGE 36 DESIGNER Regina Ang
SINGAPORE VIEW • 4
WELCOME
The en bloc fever continues as Knight Frank leads the way clusters. The Singapore Purchasing Managers’ Index
in the collective sale market with the sale of Normanton (PMI) expanded for the 10th consecutive month in June
Park, commanding the highest land rate per square foot 2017, with local demand remaining steady despite
per plot ratio (psf ppr) for a 99-year leasehold collective strong headwinds and uncertainties in the global market.
sale site this year. As the appetite for land endures, it is a The improved manufacturing outlook is expected to
homeowners’ market as many more join the wave in the support demand for high-specification industrial spaces
sale of private residential sites. till the end of the year, with average prices for freehold
industrial properties also expected to hold or increase
Even so, private residential home prices fell for the 15th marginally for the rest of 2017.
consecutive quarter since its peak in Q3 2013, a trend
mirrored by the landed and non-landed homes segment As more tenants take the opportunity to secure
with falls of 16.0% and 10.2% respectively, since Q3 prime office spaces, leasing interest for new office
2013. Average gross rental yields for the mid-tier market developments within the Central Business District
also fell to 3.23% this quarter, while average gross rental (CBD) has gained stronger momentum over the past
yields for the high-end and mass-market tiers stabilised two quarters. This has resulted in a rise in occupancy
in Q2 2017 at 2.95% and 3.30% correspondingly. Over in existing Grade A+ buildings in the Raffles Place /
8,000 private homes are slated for completion in 2017, Marina Bay precinct to 97.3% in Q2 2017, the highest
with the Outside Central Region (OCR) contributing half in six quarters. Additionally, average rents of Grade A+
of this upcoming supply. buildings in the Raffles Place / Marina Bay precinct also
rose for the first time after eight consecutive quarters of
On the commercial front, prime retail spaces in malls decline, in Q2 2017.
recorded mixed rental performances, with rental declines
in the Marina Centre, City Hall, Bugis and City Fringe However, older office buildings have yet to witness a
areas contrasted by improvements in both the Orchard rental recovery for Q2 2017 amid continuing headwinds.
Road and Suburban precincts. About 2.2 million sq ft The “flight-to-quality” phenomenon with first-wave
of net lettable retail space for major malls is slated for tenants moving into the newly-built Marina One East
completion between 2017 and 2019 in Singapore, Tower and UIC Building is starting to impact older Grade
averaging 0.7 million sq ft of new major retail space per A office spaces, with some landlords of these buildings
year. Average rents and occupancy in suburban malls are under pressure to backfill their vacated spaces.
expected to remain steady through H2 2017, supported
by a strong captive catchment size and proximity to In the coming quarters, the global economic outlook is
major transport nodes. Retailers are expected to take expected to improve and business expectations likely to
a prudent approach towards expansionary plans, amid turn positive. The Ministry of Trade and Industry Singapore
uncertain economic trends and high business costs. (MTI) anticipates trade-related sectors to provide support
to the Singapore economy, while sectors such as
The manufacturing sector continues to take the lead, information and communications, education, and health
growing 8.0% year-on-year (y-o-y) on the back of strong and social services expected to remain resilient albeit
demand in the electronics and precision engineering with potential moderate growth.
Danny Yeo
Chairman & Group Managing Director
Knight Frank Pte Ltd
NOVEMBER 2017 - FEBRUARY 2018 • 5
MARKET
RESEARCH
SYNOPSIS
RESIDEN T I AL
“
Prices fall for the
According to Urban Redevelopment Authority (URA)1, the private 15th consecutive
quarter
residential home segment saw prices fall for the 15th consecutive quarter
or 11.6% since its peak in Q3 2013. Similarly, the Landed segment and
Non-Landed segment saw prices drop by 16.0% and 10.2% since Q3
2013. All segments recorded their slowest decline on a q-o-q basis.
Average gross rental yields for the high-end and mass-market stabilised UPCOMING PRIVATE RESIDENTIAL SUPPLY,
in Q2 2017 at 2.95% and 3.30% respectively. Conversely, average gross BY MARKET SEGMENT, AS AT Q2 2017
rental yield for the mid-tier market fell to 3.23% this quarter.
Source: URA, Knight Frank Research CCR RCR OCR
Approximately 8,410 private homes are slated for completion in 2017
according to Q2 2017 statistics from URA. The Outside Central Region
(OCR) will contribute half of this upcoming supply.
NO.OF UNITS
9,000
8,000
AVERAGE RESALE PRICES, RENTS AND GROSS YIELDS OF
PRIVATE RESIDENTIAL PROPERTY, BY MARKET SEGMENT
Source: REALIS, (based on data as at 25 August 2017),
URA (based on rental contract data as at 15 August 2017), Knight Frank Research
7,000
AVERAGE RESALE PRICES Q2 Q2 Y-O-Y
(S$ PER SQ FT STRATA AREA) 2016 2017 CHANGE 6,000
HIGH-END $1,993 $1,983 -0.5%
MID-TIER $1,487 $1,500 0.9%
5,000
MASS-MARKET $ 987 $ 964 -2.2%
AVERAGE RENTS
(S$ PER SQ FT STRATA AREA PER MONTH)
4,000
HIGH-END $5.18 $4.88 -5.9%
MID-TIER $4.25 $4.04 -5.0%
MASS-MARKET $2.81 $2.65 -5.7% 3,000
GROSS YIELDS (%)
2,000
HIGH-END 3.12% 2.95%
MID-TIER 3.43% 3.23%
MASS-MARKET 3.42% 3.30%
1,000
1
Based on the 2nd Quarter 2017 real estate statistics release by the Urban Redevelopment Authority.
0
2017 2018 2019 2020 2021
SINGAPORE VIEW • 6
RE TAIL
Retail prime spaces in malls tracked by Knight Frank Research saw a
mixed bag of rental performance. While Marina Centre, City Hall, Bugis and MAJOR RETAIL SUPPLY FROM MAJOR
the City Fringe precincts saw rental declines, both Orchard Road and the DEVELOPMENTS IN KEY PRECINCTS
Suburban precincts experienced slight improvements.
Source: Knight Frank Research
While the average rents of prime retail spaces in the Orchard Road precinct
saw a 0.2% q-o-q increase, average rents of prime retail spaces in the FRINGE AREA DOWNTOWN CORE ORCHARD
Marina Centre, City Hall and Bugis precinct fell the most by 2.0% q-o-q REST OF CENTRAL AREA SUBURBAN
and 5.3% y-o-y as landlords continue to offer attractive rental packages
to manage falling occupancy. Average rents of prime spaces in suburban
malls rose 0.2% q-o-in Q2 2017.
NETT LETTABLE RETAIL SPACE (’000 SQ FT)
1,200
About 2.2 million sq ft of net lettable retail space for major malls is slated
for completion between 2017 and 2019 in Singapore, averaging 0.7 million
sq ft of new major retail space per year. An estimated 0.8 million sq ft of
net lettable major retail space is slated for completion in the second half
of 2017.
1,000
Average rents in the Central Region are envisaged to fall by 5.0% to 8.0%
y-o-y by Q4 2017, while more resilient prime rents are likely to moderate
downwards by up to 3.0% y-o-y in the same period. Average rents and
occupancy in suburban malls are expected to remain steady through
H2 2017. Occupancy in suburban malls, which are supported by strong
captive catchment size and located near major transport nodes, expects 800
to maintain steady occupancy through H2 2017. Overall, most retailers
are seen taking a prudent approach towards their expansionary plans
amid uncertain economic trends and high business costs. Island-wide
occupancy performance is expected to hover between 90.0% and 92.0%
by Q4 2017.
600
“
Average rents in the 400
Central Region are
envisaged to fall.
200
0
2017 2018 2019
REFER TO NEXT PAGE FOR
THE AVERAGE GROSS RENTS
OF PRIME RETAIL SPACES
FOR Q2 2017
NOVEMBER 2017 - FEBRUARY 2018 • 7
AVERAGE GROSS RENTS OF PRIME RETAIL SPACE - Q2 2017
Source: Knight Frank Research
* Knight Frank revised its basket of prime retail spaces in Q1 2016. ** Prime spaces refer to rental-yielding units between 350 and 1,500 sq ft with the best frontage, connectivity, footfall and
accessibility in a mall which are typically ground level of a retail mall and/or the basement level of a retail mall that is linked to a MRT or bus station
LOCATION ISLAND-WIDE ORCHARD ROAD MARINA CENTRE, CITY FRINGE SUBURBAN
CITY HALL, BUGIS
$ PER SQ FT
PER MONTH S$30.70 S$35.10 S$29.80 S$24.60 S$28.90
Q-O-Q CHANGE -0.3% 0.2% -2.0% -0.3% 0.2%
Y-O-Y CHANGE -1.8% -0.5% -5.3% -0.3% -2.2%
O F F IC E
Generally, leasing interest for new office developments within
the Central Business District (CBD) has gained stronger
momentum over the past two quarters with more tenants
taking the opportunity to secure prime office spaces. Notably,
tech-giant Microsoft and Ocean Network Express, a Japanese
shipping joint venture comprising Kawasaki Kisen Kaisha,
Mitsui OSK Lines and Nippon Yusen Yabushiki Kaisha, have
committed to take up 125,000 sq ft and 50,000 sq ft of office
space respectively in Q2 2017.
As a result of increased leasing activities, occupancy in existing
Grade A+ buildings in Raffles Place / Marina Bay precinct rose
to 97.3% in Q2 2017, the highest in six quarters. Average rents
of Grade A+ buildings in the Raffles Place / Marina Bay precinct
also rose for the first time after eight consecutive quarters of
decline with a 0.2% q-o-q increase in Q2 2017.
In contrast, older office buildings have yet to witness a rental
recovery for Q2 2017 amid continuing headwinds. The “flight-
to-quality” phenomenon with first-wave tenants moving into the
newly-built Marina One East Tower and UIC Building is starting
to impact older Grade A office spaces, with some landlords of
these buildings under pressure to backfill their vacated spaces.
The threat of looming secondary spaces has also added
pressure on both landlords and existing tenants to hunt for new
occupiers. The consolidation activities within the banking and
finance sector, which has traditionally been the key occupier of
office space, have released a significant total secondary space2
of estimated 260,000 sq ft into the market since 2017. This
accounted for a substantial 70% of total available secondary
space in the CBD as at end of Q2 2017.
In the coming quarters, the global economic outlook is expected
to improve and business expectations likely to turn positive.
For the full year of 2017, MTI expects trade-related sectors
such as the finance & insurance and transportation & storage
to provide support to the Singapore economy. The information
& communications, education, and health & social services
sectors are expected to remain resilient albeit with potential
moderate growth. The enquiries and activities across these
sectors are expected to sustain or gain traction as early as end-
2
Based on Knight Frank's definition, secondary space refers to current occupied space that is
available for lease from the existing tenant. 2017 or early 2018.
SINGAPORE VIEW • 8
“
More tenants taking
the opportunity to
secure prime office
spaces.
UPCOMING OFFICE SUPPLY AVERAGE OFFICE RENTALS,
(GROSS FLOOR AREA), AS AT JUNE 2017 BY KEY PRECINCTS IN Q2 2017
Source: URA, Knight Frank Research Source: URA, Knight Frank Research
• Rents are based on transacted leases
• Rents are based on a lease term of at least three years
SUBURBAN FRINGE (WEST) FRINGE (EAST) • Rents are expressed as values rounded to nearest 10 cent
• Rents are estimated based on leases of a whole-floor office space on the mid-floor levels of
SUNTEC/MARINA/CITY HALL & REST OF CENTRAL AREA office properties, and taking into account rent free period and other concessions
ORCHARD SHENTON WAY/ROBINSON ROAD/TANJONG PAGAR
MARINA BAY/RAFFLES PLACE
CBD (GRADE A+, Q-O-Q
GRADE A) CHANGE
RAFFLES PLACE/
MARINA BAY GRADE A+
S$9.10
GROSS FLOOR AREA (SQ FT)
3,000 -
0.2% S$9.60
RAFFLES PLACE/
MARINA BAY GRADE A
S$8.00
-
2,500 -0.2% S$8.50
SHENTON WAY/
ROBINSON ROAD/
TANJONG PAGAR GRADE A
S$7.70
-
0.6% S$8.20
2,000
MARINA CENTRE/
SUNTEC GRADE A
S$7.70
-
-0.8% S$8.20
1,500
CITY HALL GRADE A
S$7.90
-
NO CHANGE S$8.40
CENTRAL AREA
1,000 (OUTSIDE CBD)
ORCHARD GRADE A S$7.80
-
0.1% S$8.30
OTHERS
500 FRINGE AREAS S$4.70
-
-0.2% S$6.70
SUBURBAN
AREAS S$4.20
0 -
H2 2017 2018 2019 2020 2021 NO CHANGE S$5.20
NOVEMBER 2017 - FEBRUARY 2018 • 9
IN DUSTRI AL
Growth in the manufacturing sector led at 8.0% y-o-y on the back to lower rental transactions reported from high-specification
of strong demand in the electronics and precision engineering factory buildings like Cendex Center and The Alexcier. Business
clusters, which saw robust expansions on the back of strong Park rents witnessed a slight dip in Q2 2017 at $4.08 psf pm
external demand for semiconductors and semiconductor despite higher leasing activities in Q2 2017 (60 transactions)
manufacturing equipment. The Singapore Purchasing Managers’ compared to Q1 2017 (32 transactions).
Index (PMI)3 expanded for the 10th consecutive month in June
2017. The PMI hovered between 50.8 and 51.1 in Q2 2017, Average prices of upper-floor strata-titled factory units improved
with improvements in new orders, new exports, inventory and 3.7% y-o-y in Q2 2017, due to price growth in freehold upper
factory output. The local manufacturing sector continues to see floor factories. Average leasehold upper-floor strata-titled
steady demand despite strong headwinds and uncertainties in factory prices improved marginally by 1.0% y-o-y to $334.6 psf,
the global market. while average freehold upper-floor strata-titled factory prices
increased by 3.3% to $653.5 psf y-o-y in Q2 2017.
Overall island-wide rents fell 1.4% q-o-q to $2.00 per sq ft per
month (psf pm) in Q2 2017, mainly due to falling rental rates The improved manufacturing outlook up till September 2017 is
across most of the industrial clusters. The Macpherson – Tai expected to support demand for high-specification industrial
Seng – Defu clusters reported the strongest appreciation in spaces throughout 2017. With the rarity of freehold industrial
rents in Q2 2017. Rents in the Bukit Merah – Alexandra – Jalan properties, average prices for such properties are expected to
Kilang clusters dropped 10.1% q-o-q in Q2 2017, largely due hold or increase marginally for this year.
NUMBER OF CAVEATS LODGED FOR STRATA-TITLED FACTORY AND WAREHOUSE UNITS*
Source: REALIS (as at 24 July 2017), Knight Frank Research *Note: (1) RESALE SUBSALE NEW SALE FACTORY WAREHOUSE
Transactions are based on units on upper floors only, (2) some caveats may
comprise more than one strata unit
300
Q2 2016 Q3 2016 Q4 2016 Q1 2017 Q2 2017
250
CAVEATS LOGDED
200
150
100
50
0
3
The SIPMM PMI Monthly Bulletin compiled by the Singapore Institute of Purchasing and Materials Management (or in short, SIPMM), is based on data compiled from monthly replies to questions
asked of purchasing executives in over 150 industrial companies. The survey is based on several industry groupings, and weighted on each industry's contribution to Gross Domestic Product.
Survey responses reflect the change, if any, in the current month.
SINGAPORE VIEW • 10“
Falling rental rates
across most of the
industrial clusters
AVERAGE MONTHLY GROSS RENTALS FOR CONVENTIONAL INDUSTRIAL SPACE, BY KEY CLUSTERS
Source: Knight Frank Research Q1 2017 Q2 2017 Q-O-Q % CHANGE
* 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
S$1.24
S$1.33
7.3%
AVERAGE
S$1.82
S$1.84 -1.5%
1.2%
S$2.00
S$1.48 S$1.97
S$1.42 S$1.57
-4.1% WOODLANDS S$1.71
SEMBAWANG
ADMIRALTY 8.9%
YISHUN
SERANGOON
ANG MO KIO
LORONG CHUAN
TOA PAYOH
CLEMENTI PEMIMPIN
KAKI BUKIT
TOH TUCK
UBI
BUKIT BATOK
PAYA LEBAR
MACPHERSON
EUNOS
TAI SENG
PIONEER
DEFU
TUAS
BUKIT MERAH
KALLANG
ALEXANDRA
GEYLANG
JALAN KILANG
BENDEMEER
PASIR PANJANG
BUSINESS PARKS
S$2.98 (ISLAND-WIDE)
S$1.69 S$2.94
-1.3%
S$4.25
S$1.62 S$4.24
-4.1%
-0.24%
S$3.09
S$2.78
-10.1%
S$2.11
S$2.11
NO CHANGE
NOVEMBER 2017 - FEBRUARY 2018 • 11ADVISORY SERVICES
ADVISORY
SERVICES
CONSULTANCY Knight Frank's Consultancy & Research team provides
strategic advice, development consultancy and market
& R ESEAR CH 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
OUR SERVICES: and first-hand insights from our industry veterans, we help
clients seize opportunities and unlock the potential of their
• Highest and best use studies projects while identifying and minimising risks. Backed by
• Development and planning consultancy a world-class global research team, we draw upon the
• Master planning advisory knowledge from our network of more than 400 offices
• Pricing and rental strategy across 60 countries, to deliver in-depth research against
• Market due diligence global market dynamics.
• Feasibility studies for residential, retail,
office, hotels, shophouses and Our strengths in offering comprehensive and independent
industrial properties advice in multiple areas have earned us an extensive track
• Customised research studies 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 • 12ADVISORY SERVICES
VALUATIO NS
With a track record of more than 75 years in
Singapore, Knight Frank’s Valuations team
grows from strength to strength. We are proud
to have served many clients who have placed
their trust in our competence, integrity and
professionalism by staying with us year after
year. Our experienced, well-respected and
dedicated valuations team regularly appraises
properties for mortgage, sale or purchase,
public listing, financial reporting, rental reviews,
litigation and statutory valuations. Today, we are
on the valuation panel of nearly every leading
bank and financial institution in Singapore.
Recently, Knight Frank successfully completed
the valuation for CapitaLand Commercial
Trust for Asia Square Tower 2 that comprises
premium Grade A office and retail units with a
combined net lettable area of about 778,000
square feet. We were also the appointed
valuer for Lendlease to value 313@somerset,
an 8-storey shopping mall including five levels
above ground and three basement levels, with
a total of more than 280,000 square feet of
retail space.
Additionally, we undertake instructions to
provide advice for rental valuations and statutory
valuations involving property tax and land
acquisition. In several cases, this has resulted
in significant tax savings for our clients.
FOR MORE INFORMATION,
PLEASE CONTACT:
Low Kin Hon
Deputy Group Managing Director &
Head of Valuations
T: 6228 6860
E: kinhon.low@sg.knightfrank.com
Png Poh Soon
Director, Valuations
T: 6228 7393
E: pohsoon.png@sg.knightfrank.com
NOVEMBER 2017 - FEBRUARY 2018 • 13AUCTION & SALES
AUCTION & SALES
5 BELMONT 2-STOREY GOOD CLASS BUNGALOW
WITH BASEMENT AND SWIMMING POOL
ROAD The subject development is located at Belmont Road
— an exclusive residential estate off Holland Road. It is
within close proximity to shopping facilities at Holland
5 BELMONT ROAD, D10 Village and Orchard Road, as well as the circle line at
bank sale Holland Village station.
Guide price: • Tenure : Freehold
• Zoning : Good Class Bungalow zone
$2X million
within Belmont Park
• Land Area : 16,327 sq ft
• Floor Area : 11,502 sq ft
• Walking distance to Holland Village
• MRT station
Sharon Lee (CEA Reg No: R027845B)
9686 4449 • 6228 6891
sharon.lee@sg.knightfrank.com
SINGAPORE VIEW • 14PASIR RIS AVENUE, D18
AUCTION & SALES
owner SALE
PA SI R R IS
AV E N U E
2-STOREY DETACHED HOUSE
The subject property is well-immersed in the beauty
of mother nature with Pasir Ris Beach Park within
walking distance. Chalets and resorts at Downtown
East are in close proximity. It is also in the vicinity of
several education institutions such as Overseas Family
School, United World College, Parkview Primary
School and Meridian Junior College. White Sands is
only a short drive away, making it more convenient for
shopping of daily necessities from Sheng Siong and
NTUC Supermarket.
• Tenure : 99-year Leasehold (wef June 1978)
• Land Area : Approx. 8,011 sq ft
Gwen Lim (CEA Reg No: R027862B)
9199 2377 • 6228 7331
gwen.lim@sg.knightfrank.com
4 4 / 4 4 A PA S IR
RI S AV E N U E
A PAIR OF BRAND NEW
SEMI-DETACHED
The subject property is a pair of beautifully constructed
three-storey semi-detached houses with attic, located
next to Pasir Ris Park.
Built on elevated ground, the subject property gives
you a brilliant view of greenery, the sea, and nearby
islands.
• Tenure : 99-year Leasehold
(wef 1 July 1978)
• Land Size : 3,000 sq ft each
• Built-up Size : 4,500 sq ft each
Guide price: $3.2 million each
Gwen Lim (CEA Reg No: R027862B)
9199 2377 • 6228 7331
gwen.lim@sg.knightfrank.com
Teddy Ng (CEA Reg No: R006630G)
9030 4603 • 6228 7326
teddy.ng@sg.knightfrank.com
44 / 44A PASIR RIS AVENUE, D18
owner sale
NOVEMBER 2017 - FEBRUARY 2018 • 15KEW CRESCENT, D16
AUCTION & SALES
owner sale
K EW
CRESCEN T
3-STOREY SEMI-DETACHED HOUSE
WITH POOL & LIFT
Surrounded by nature, the subject property is located
on the southern side of the island, off Upper East
Coast Road. Within few minutes’ drive to ECP and PIE
and approximately 14.0 km to the city centre.
It is also accessible via the Tanah Merah MRT station,
and upcoming MRT station about 500m away.
Sold with vacant possession, and on an “As-is-where-
is” basis.
• Tenure : 99-year Leasehold (wef 1994)
• Land Area : Approx. 4,652 sq ft
• Floor Area : Approx. 3,883 sq ft
Guide price: $3.X million
Tricia Tan (CEA Reg No: R021904I)
9387 9668 • 6228 7349
tricia.tan@sg.knightfrank.com
J A LA N
H A J I SA LA M
TRIPLE-KEY 2-STOREY
DETACHED HOUSE
The subject property is located at the south-western
side of Jalan Haji Salam, off Upper East Coast Road.
Surrounded by nature and private houses.
In close proximity to HDB Bedok New Town, Tanah
Merah MRT station, East Coast Parkway and East
Coast Park.
• Tenure : Freehold
• Land Area : 9,718 sq ft
• Able to accommodate three families with
three private access points
• Long driveway and ample parking space
• Walking distance to future MRT station
Guide price: $8.XX million
Sharon Lee (CEA Reg No: R027845B)
9686 4449 • 6228 6891
sharon.lee@sg.knightfrank.com
JALAN HAJI SALAM, D16
owner sale
SINGAPORE VIEW • 1687 PHOENIX AVENUE, D23
AUCTION & SALES
mortgagee SALE
8 7 P H O E N IX
AV E N UE
2-STOREY DETACHED HOUSE WITH
BASEMENT AND A SWIMMING POOL
The subject property is located off Choa Chu Kang
Road, about 14.5 km from the city centre. Shopping
malls such as Bukit Panjang Plaza, Junction 10 and
HillV2 are nearby. Readily accessible via KJE, BKE and
PIE to all parts of the island. Phoenix LRT station is
within minutes from the subject property.
• Tenure : Freehold
• Land Area : Approx. 6,712 sq ft
• Floor Area : 4,779 sq ft
• Ample parking lots
• Additions & alterations were done about
3 years ago
• Corner unit with double frontage
Guide price: $6.X million
Tricia Tan (CEA Reg No: R021904I)
9387 9668 • 6228 7349
tricia.tan@sg.knightfrank.com
H A I SIN G
RO A D
LAND WITH A 2-STOREY
SEMI-DETACHED
The subject property is located off Upper Serangoon
within Hai Sing park. Regular-shaped land with a
frontage of about 12m.
• Tenure : 999-year Leasehold
• Land Area : Approx. 4,578 sq ft
• Within walking distance to amenities and
Hougang MRT station
• Ideal for building detached house
Sharon Lee (CEA Reg No: R027845B)
9686 4449 • 6228 6891
sharon.lee@sg.knightfrank.com
HAI SING ROAD, D19
estate sale
NOVEMBER 2017 - FEBRUARY 2018 • 17AUCTION & SALES
LO YA N G WAY L OYA N G WA L K
3 LOYANG WAY 1, D17 3 LOYANG WALK, D17
liquidator's SALE mortgagee sale
JTC PURPOSE BUILT DETACHED 2-STOREY INTERMEDIATE
FACTORY BUILDING TERRACE FACTORY
Located at the south-western side of Loyang Way 1, a cul-de- Located within the Loyang industrial estate, near Tampines
sac off Loyang Way. Near Pasir Ris & Tampines HDB estates and Pasir Ris. The subject property is sold with vacant
and approximately 19.5km from the city centre. The subject possession and on "As-is" basis, with the sale is subjected to
property is sold with vacant possession and on "As-is" basis, JTC's approval.
with the sale subjected to JTC's approval.
• Tenure: 30 + 26 years Leasehold (wef Feb 1996)
• Tenure: 30 + 27 years Leasehold (wef 16 Sep 1994) • Size : Approx 10,093 sq ft
• Land Size : Approx 41,705 sq ft
• Built-up : Approx. 13,923 sq ft
• Built-up : Approx. 50,214 sq ft
• Land rent is payable
• Land rent is payable
guide price : $3.X Million
guide price : $7.X Million
Tricia Tan (CEA Reg No: R021904I) Tricia Tan (CEA Reg No: R021904I)
9387 9668 • 6228 7349 • tricia.tan@sg.knightfrank.com 9387 9668 • 6228 7349 • tricia.tan@sg.knightfrank.com
ATRIX B A R T L E Y B I Z CE N T R E
82 GEYLANG LORONG 23, D14 15 KAKI BUKIT ROAD 4, #01-XX, D14
for SALE for SALE
RAMP-UP B1 FACTORY 2-STOREY STRATA FACTORY WITH
Within minutes to Aljunied MRT station and PIE.
ROOF TERRACE
Close to Kallang Leisure Park. • Tenure : 30-year Leasehold (wef 30 May 2011)
• Size : 4,758 sq ft
• Tenure : Freehold • Tenanted at $5.5k per month, more than 4% yield
• Size : 1,701 sq ft • Motivated Seller
• Well renovated • "Business 2" terrace factory/workshop
• More than 3% yield • 2 carpark lots in front for easy loading/unloading
• 200 m to Aljunied MRT station • Within walking distance to Kaki Bukit MRT station
• Readily accessible via PIE
Sharon Lee (CEA Reg No: R027845B) Tricia Tan (CEA Reg No: R021904I)
9686 4449 • 6228 6891 • sharon.lee@sg.knightfrank.com 9387 9668 • 6228 7349 • tricia.tan@sg.knightfrank.com
SINGAPORE VIEW • 18INDUSTRIAL
INDUSTRIAL
38 JALAN
BUROH
38 JALAN BUROH, D22 A 9-STOREY SINGLE USER RAMP-UP
FOR LEASE WAREHOUSE WITH ANCILLARY OFFICE
The property is strategically located within an established
industrial estate in the Western part of Singapore. It is about
10 minutes’ drive from Lakeside MRT Station, and is easily
accessible via the AYE and PIE.
• Area Per Floor : Up to approx. 79,070 sq ft
(Sub-division subject to landlord’s approval)
Alvin Teng (CEA Reg No: R002950I) • 2014 MP Zoning : Business 2
Gerald Quek (CEA Reg No: R002959B) • Floor to Floor Height: From 5.6 m – 13.6 m
• Floor Loading : From 10 kN/m2 – 20 kN/m2
6100 0640 • Loading / Unloading : 14 loading/unloading bays
ind@sg.knightfrank.com with dock levellers per floor
NOVEMBER 2017 - FEBRUARY 2018 • 197000 ANG MO KIO AVE 5, D20
INDUSTRIAL
for lease
70 0 0 A N G M O KIO
AV EN U E 5
FITTED CLEAN ROOM AND
PRODUCTION FACILITY
The subject property is strategically situated within
a 5 minutes drive from the CTE, 10 minutes drive to
the city and 20 minutes drive to Changi International
Airport.
• Floor Area : 122,000 sq ft
• Ceiling Height : 4.48 m
• Floor Loading : 10 kN/m2
Alvin Teng (CEA Reg No: R002950I)
9380 8662 • 6228 6893
alvin.teng@sg.knightfrank.com
TA G .A @ 81
TA G ORE LA N E
A MODERN 4-STOREY LIGHT
INDUSTRIAL BUILDING
The subject property is located within Tagore Industrial
Estate with public transport easily accessible along
Upper Thomson Road. It is easily accessible via the
SLE, CTE and Upper Thomson Road, and is within
close proximity to Yio Chu Kang MRT and the future
Springleaf and Lentor MRT Stations.
• Total Strata Area Available for Lease :
From approx. 1,604 sq ft to 1,949 sq ft
• 2014 Master Plan Zoning : Business 1
• Ceiling Height : 5.95 m
• Floor Loading : 10 kN/m2
Gerald Quek (CEA Reg No: R002959B)
81 TAGORE LANE, D26 9047 7619 • 6228 7306
for LeASE gerald.quek@sg.knightfrank.com
SINGAPORE VIEW • 20FOURTH CHIN BEE ROAD, D22
INDUSTRIAL
FOR sale
F O URT H CH IN
BE E RO A D
SINGLE-STOREY DETACHED FACTORY
WITH ANCILLARY OFFICE
The subject property is strategically located off
International Road at the western part of Singapore.
The site is easily accessible via major expressways
such as PIE and AYE.
• Tenure : JTC Leasehold expiring 2035
• Land Area : Approx. 165,274 sq ft
• Build-In Area : Approx. 123,806 sq ft
• 2014 Master Plan Zoning :
Business 2 with 1.4 plot ratio
Ng Ee Kiat (CEA Reg No: R002972Z)
9825 0900 • 6228 7334
eekiat.ng@sg.knightfrank.com
8 NE Y T H A L
R OAD
A 7-STOREY PRIME INDUSTRIAL
BUILDING
The subject property is located along Neythal Road, off
International Road. It is accessible via the AYE, PIE and
within close proximity to Joo Koon, Pioneer and Boon
Lay MRT stations.
• Tenure : JTC Leasehold 60-year
(wef June 1970)
• Land Area : Approx. 45,221 sq ft
• Gross Floor Area : Approx. 38,321 sq ft
• 2014 MP Zoning :
Business 2 with 2.5 plot ratio
Ng Ee Kiat (CEA Reg No: R002972Z)
9825 0900 • 6228 7334 8 NEYTHAL ROAD, D22
eekiat.ng@sg.knightfrank.com FOR SALE
NOVEMBER 2017 - FEBRUARY 2018 • 21110 LORONG 23 GEYLANG, D14
INDUSTRIAL
for lease
VI CTO RY
CEN TRE
A 7-STOREY INDUSTRIAL BUILDING
WITH 86 UNITS & 1 CANTEEN UNIT
The property is strategically located at the junction of
Sims Drive and Aljunied Road. It is within a 5-minute
walk from Aljunied MRT station and is easily accessible
via the PIE and KPE.
• Tenure : 60-year Leasehold (wef 2012)
• Land Area : Approx. 67,944.52 sq ft
• Gross Floor Area : Approx. 169,633.97 sq ft
• Master Plan Zoning : Business 1
Gerald Quek (CEA Reg No: R002959B)
9047 7619 • 6100 6261
gerald.quek@sg.knightfrank.com
SH I N E @
TU A S SOU TH
PROPOSED MULTI-USER
6-STOREY RAMP-UP B2
INDUSTRIAL DEVELOPMENT
The property is strategically located near the future Tuas
Mega Port and maritime industry in western Singapore,
and stands out with its distinct wave-inspired design.
It offers ample infrastructure spaces and facilities,
allowing tenants to enhance the efficiency of their
operations and capitalise on future connectivity plans
between Singapore and Malaysia.
• Tenure : 60-year Leasehold (wef Jan 2015)
• Gross Floor Area : 553,264.46 sq ft
• Unit Sizes : 1,669.48 sq ft - 13,763.80 sq ft
• 2014 Master Plan Zoning : Business 2
• Estimated TOP : Q1 2018
Gerald Quek (CEA Reg No: R002959B)
11 TUAS SOUTH LINK 1, D22 9047 7619 • 6100 6261
FOR SALE gerald.quek@sg.knightfrank.com
SINGAPORE VIEW • 22INVESTMENT &
INVESTMENT & CAPITAL MARKETS
CAPITAL MARKETS
NORMANTON UNIQUE RESIDENTIAL REDEVELOPMENT SITE
PARK
Knight Frank is pleased to announce the sale of Normanton Park, a 488-
unit development located off Ayer Rajah Expressway, to Kingsford Huray
Development Pte Ltd for SGD 830.1 million – making it the highest land
rate (psf ppr) for a 99-year leasehold collective sale site this year.
NORMANTON PARK, D05
sold The sale price, with an additional lease top-up premium estimated at SGD
231.1 million payable to the state to top up the lease to a fresh 99 years, and
a differential premium of approximately SGD 283.4 million to redevelop the
site to a gross plot ratio (GPR) of 2.1 based on the maximum permissible
Gross Floor Area (GFA) of approximately 1,388,099 sq ft, translates to a
land price of approximately SGD 969 per square foot per plot ratio (psf
ppr). With the inclusion of a 10% bonus balcony and a proposed plot ratio
of 2.31 (2.1 + 10% balcony), the land price works out to approximately
SGD 923 psf ppr, subject to the authorities’ approval.
The gross development value for this project is estimated at SGD 2.23
billion. The new high-rise development could potentially house more than
1,200 new residential units of 100 sq m on the site, and new homeowners
Ian Loh (CEA Reg No: R027865G) can potentially enjoy lush greenery views and unblocked views to the city.
8838 3288 • 6228 6823
ian.loh@sg.knightfrank.com • Existing development : 13 residential blocks of 488 apartment
units with sizes ranging from 118 sq m to 141 sq m
Lennon Koh (CEA Reg No: R022673H) • Tenure : 99-year leasehold wef 01 Nov 1977
9748 7400 • 6228 7327 • Site Area : 61,408.9 sq m / approximately 660,999 sq ft
lennon.koh@sg.knightfrank.com • Master Plan 2014 : Residential, with a plot ratio of 2.1
NOVEMBER 2017 - FEBRUARY 2018 • 23INVESTMENT & CAPITAL MARKETS
MAYFAIR RESIDENTIAL REDEVELOPMENT OPPORTUNITY
GARDENS
Mayfair Gardens is located in District 21 in Singapore. The site has dual entrances
and is located on three separate plots of land. The site is easily accessible via
Dunearn Road and is also close to a wide variety of amenities along Bukit Timah
Road and Upper Bukit Timah Road. King Albert Park MRT station is approximately
200 metres’ walking distance from the development.
RIFLE RANGE ROAD, D21 • Tenure : 99-year Leasehold (wef 08 Jul 1983)
• Site Area : Approx. 19,368 sq m / 208,475 sq ft
for sale
• Master Plan 2014 : Residential, with a plot ratio of 1.4
Ian Loh (CEA Reg No: R027865G)
8838 3288 • 6228 6823
ian.loh@sg.knightfrank.com
Marvelle Wong (CEA Reg No: R055510C)
9753 5878 • 6228 7359
marvelle.wong@sg.knightfrank.com
SINGAPORE VIEW • 24INVESTMENT & CAPITAL MARKETS
WEDBUSH CENTER 1000 WILSHIRE BOULEVARD,
LOS ANGELES
CALIFORNIA,
CLASS ‘A’ INSTITUTIONAL INVESTMENT OPPORTUNITY UNITED STATES OF AMERICA
for sale
The subject property is an iconic high-rise Class A trophy office building and
architectural landmark located in the heart of Downtown Los Angeles.
Ian Loh (CEA Reg No: R027865G)
• 21-storey iconic office building
8838 3288 • 6228 6823
• 476,491 rentable square feet (RSF)
• 86% leased to a stellar roster of tenants with strong national ian.loh@sg.knightfrank.com
and regional credit profiles
• 580 parking spaces in subterranean garage Karen Wan (CEA Reg No: R040821F)
• Adjacent to Wilshire Grand Centre, a USD $1B+ mixed-use office/ 9772 8042 • 6228 6809
hotel/retail project karen.wan@sg.knightfrank.com
NOVEMBER 2017 - FEBRUARY 2018 • 25MELBOURNE, AUSTRALIA
RI VERSI D E
INVESTMENT & CAPITAL MARKETS
for sale
RI CH M ON D
PERMIT APPROVED LANDMARK
OPPORTUNITY
The subject property is a permit approved development
site in Melbourne area. The site occupies a prime frontage
on Pitt Street, highly accessible to transport links.
• Tenure : Freehold
• Site Area : 20,932 sq m
• Potential Gross Floor Area:
Approx. 42,410 sq m
• Approval for 494 luxury apartments spread
across 5 blocks of varying levels.
• A combination of 1-bedroom,1-bedroom with
study, 2-bedroom and 3-bedroom units
• 135 m of Yarra River view frontage
Ian Loh (CEA Reg No: R027865G)
8838 3288 • 6228 6823
ian.loh@sg.knightfrank.com
Karen Wan (CEA Reg No: R040821F)
9772 8042 • 6228 6809
karen.wan@sg.knightfrank.com
29 9 ELI Z A BET H
STREET
RARE CORNER OFFICE TOWER
WITH RESIDENTIAL / HOTEL
REDEVELOPMENT POTENTIAL (STCA)
The subject property is a prominent 12-level freehold corner
office tower offering excellent natural light with expansive
Hyde Park views. It is positioned to benefit further from
the substantial regeneration of Sydney’s transport system.
The property provides direct access to the underground
entrance to Museum Train Station. Surrounded by
excellent amenities and popular shopping destinations –
World Station, QVB, Pitt Street Mall.
• Tenure : Freehold
• Site Area : Approx. 645 sq m
• Net Lettable Area : Approx. 5,974 sq m
• 91% leased with a WALE of 3.2 years
• Significant rental growth potential
Ian Loh (CEA Reg No: R027865G)
8838 3288 • 6228 6823
ian.loh@sg.knightfrank.com
Karen Wan (CEA Reg No: R040821F)
SYDNEY, AUSTRALIA 9772 8042 • 6228 6809
FOR SALE karen.wan@sg.knightfrank.com
SINGAPORE VIEW • 26TA M P I N E S
INVESTMENT & CAPITAL MARKETS
COFFEESHOP
HDB EATING HOUSE
The subject property is an HDB coffeeshop located
within close proximity to Tampines West MRT station,
Temasek Polytechnic and schools.
• Tenure : 86-year Leasehold
(wef 01 March 1996)
• Floor Area : 4,058 sq ft for eating house,
786 sq ft for living quarters
AN G M O K IO
AV E N U E 8
HDB SHOP AT ANG MO KIO TOWN
CENTRE
The subject property is an HDB shop located at Ang
Mo Kio Town Centre. It is within close proximity to Ang
Mo Kio MRT station and AMK Hub.
• Tenure : 86-year Leasehold
(wef 01 July 1993)
• Floor Area : 893 sq ft for shop,
743 sq ft for living quarters
• HDB shop with living quarters
• Direct facing to Ang Mo Kio Central Stage
CH AN G I R O A D
GROUND FLOOR SHOP WITH BASEMENT
The subject property is a ground floor shop with
basement located at the heart of Geylang Serai.
• Tenure : Freehold
• Floor Area : 3,207 sq ft inclusive of
basement level of 1,259 sq ft
• Facing Changi Road and directly opposite
Geylang Serai Market
Mary Sai (CEA Reg No: R027878I)
9388 7879 • 6228 6886
mary.sai@sg.knightfrank.com
James Wong (CEA Reg No: R017407Z)
9113 3113 • 6228 7345
james.wong@sg.knightfrank.com
NOVEMBER 2017 - FEBRUARY 2018 • 27NEW BRIDGE ROAD, D01
INVESTMENT & CAPITAL MARKETS
for sale
N EW BRI D GE
RO A D
PRIME SHOPHOUSE UNIT
The subject property is a 4-storey corner conserved
shophouse located at the junction of New Bridge
Road and Upper Circular Road, with Clarke Quay MRT
station located within walking distance.
• Tenure : 99-year Leasehold
(wef 10 Aug 2016)
• Land Area : 1,452 sq ft
• Gross Floor Area : Approx. 5,324 sq ft
• Master Plan 2014 :
Commercial with Plot Ratio 4.2
Mary Sai (CEA Reg No: R027878I)
9388 7879 • 6228 6886
mary.sai@sg.knightfrank.com
James Wong (CEA Reg No: R017407Z)
9113 3113 • 6228 7345
james.wong@sg.knightfrank.com
BU K I T TI M A H
PLA Z A
LARGE CORNER RETAIL SPACE
The subject property is a corner strata retail unit located
within Bukit Timah Plaza, a popular mall destination for
families with a wide range of products and services
offered.
• Tenure : 99-year Leasehold
(wef 1976)
• Strata Floor Area : Approx. 14,725 sq ft
• Partitioned to 7 shops as enrichment
centres, F&B, etc
• 100% tenanted, good rental yield
Mary Sai (CEA Reg No: R027878I)
9388 7879 • 6228 6886
mary.sai@sg.knightfrank.com
James Wong (CEA Reg No: R017407Z)
1 JALAN ANAK BUKIT, D21 9113 3113 • 6228 7345
FOR SALE james.wong@sg.knightfrank.com
SINGAPORE VIEW • 28OFFICE
OFFICE
FRAGRANCE
EMPIRE BUILDING
456 ALEXANDRA ROAD, D05
FOR LEASE
A 26-storey newly refurbished icon (formerly
NOL Building) prominently located at the
junction of Pasir Panjang Road and Alexandra
Road. Located in the Central West district, it
enjoys close proximity to the CBD, as well as
the Jurong industrial district.
• Full height glass windows
throughout with ample natural light
and unobstructed panoramic views
of the sea, city and foliage
• Available Sizes :
Approx. 2,000 sq ft, 4,000 sq ft,
8,000 sq ft, 16,000 sq ft, and
24,000 sq ft
• Central air-conditioning system
• Ample parking lots
• Connected to Alexandra Retail
Centre and Labrador MRT station by
covered walkway
Tan Wan Ting (CEA Reg No: : R056833G)
8522 5099 • 6228 7313
wanting.tan@sg.knightfrank.com
NOVEMBER 2017 - FEBRUARY 2018 • 29PROPERTY ASSET
PROPERTY ASSET MANAGEMENT
MANAGEMENT
ASSET MANAGEMENT
Our Asset Management team manages more than 8 million square feet of space spanning 21
properties, encompassing retail malls, offices, industrial buildings and residential complexes.
We provide a full suite of services which include leasing and tenant management, facilities
management, marketing communications, finance and human resource management across
commercial, retail and residential assets. We also offer specialised retail services, including mall
repositioning and consultancy, trade and tenant mix and asset enhancement initiatives.
HILLION MALL SLA PROPERTIES
8 WINCHESTER
INCOME @
TAMPINES
JUNCTION
VIVA BUSINESS PARK NTUC INCOME PROPERTIES
SINGAPORE VIEW • 30FOR MORE INFORMATION ON
PROPERTY ASSET MANAGEMENT
ASSET AND STRATA MANAGEMENT,
PLEASE CONTACT:
6848 5678 • enquiries@kfpam.com.sg
S T R ATA M A N A G E M E N T
For owners of strata titled developments, our Strata Management team provides common area
management services, managing estates between the range of 50 to 1,100 units. For property
developers, we provide advice on the implications of development plans on maintenance charges
and handover services. Owners of strata units who reside overseas, or are trustees, corporations
and high-net-worth individuals, engage us for landlord-tenant services, including leasing, re-sale,
rent collection and general management.
D 'N ES T T HE L INCO L N MO DE R N
TH E VE NU E W E S T W O O D R E S IDEN C ES
NOVEMBER 2017 - FEBRUARY 2018 • 31RESIDENTIAL
LOCAL
LOCAL PROJECTS
Artist's Impression
Artist's Impression
ARTRA
ALEXANDRA VIEW, D03
for sale
Guide price :
2-br + study from sgd 1,477,700
Artra at Alexandra is a new mixed development by FEC Skyline
at Alexandra View. Comprising commercial units on the 1st floor
together with a supermarket and residential units, residents are
well pampered with ultimate convenience. Shop, live and buy
groceries with everything under one roof.
• Tenure : 99-year Leasehold
• 2-Bedroom + Study, 3-Bedroom,
3-Bedroom + Study, 5-Bedroom
• Size : 786 sq ft - 2,583 sq ft
• Total units : 400
• TOP Date : March 2020
• Developed by : FEC Skyline Pte Ltd
Eric Liew (CEA Reg No: R021280Z)
9824 9966
eric.liew@sg.knightfrank.com
SINGAPORE VIEW • 32LOCAL
Artist's Impression
PARK PLACE Artist's Impression
RESIDENCES
AT PLQ
PAYA LEBAR, D14
for sale
Guide price :
PRICE ON APPLICATION
LIVE THE CITY LIFE, EAST STYLE
Paya Lebar Quarter, Singapore’s most progressive city precinct
located at the heart of the URA’s urban regeneration masterplan
for Paya Lebar. Three world-class office towers offering exclusive
429-unit premier residences, next generation workspaces
and more than 200 retailers with indoor and alfresco dining
experiences sit amidst lush green, connected spaces. Directly
linked to Paya Lebar MRT station, the interchange of the East-
West Line and Circle Line, it will be the closest commercial
hub to the CBD, with superb transport connections across
Singapore.
• Tenure : 99-year Leasehold
• 1 to 3-Bedroom Premium
• Size : 474 sq ft - 1,367 sq ft
• Total units : 429 Eric Liew (CEA Reg No: R021280Z)
• TOP Date : 31 December 2020 9824 9966
• Developed by : Lendlease eric.liew@sg.knightfrank.com
NOVEMBER 2017 - FEBRUARY 2018 • 33LOCAL
Artist's Impression
QUEENS PEAK
DUNDEE ROAD, D03
for sale
Guide price :
2-BR from Sgd 1,239,000
WHERE CONVENIENCE MEETS LUXURY
Perfectly positioned in a highly sought after area due to its proximity
Artist's Impression
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
Artist's Impression distinct character and tranquility of Queenstown. For the health
conscious and nature lovers, there is also a lot to look forward
to. Hortpark, Singapore Botanic Gardens, Delta Sports Complex,
Queenstown Stadium and many more are located within a
distance of less than 2 km.
• Tenure : 99-year Leasehold
• 1 to 5-Bedroom Apartments & Penthouses
• 425 sq ft - 4,778 sq ft
• Total units : 736
• Developed by : HY Realty (Dundee) Pte Ltd
• Directly connected to Queenstown MRT station
Eric Liew (CEA Reg No: R021280Z)
9824 9966
eric.liew@sg.knightfrank.com
SINGAPORE VIEW • 34LOCAL
Artist's Impression
Artist's Impression
SKYSUITES
@ ANSON
ENGGOR STREET, D02 FOR THE DISCERNING
for sale
Skysuites@Anson is an iconic development that is
reshaping the city skyline. Offering magnificent views of the
Guide price : Central Business District, Marina Bay and the upcoming
2-br from sgd 1,449,420 new waterfront district, this stunning structure lights up
the night sky charmingly with its gloriously illuminated sky
terraces.
• Tenure : 99-year Leasehold
• 1 to 3-Bedroom Apartments
• 365 sq ft – 1,140 sq ft
• Total Units : 360
• Developed by : Allgreen Properties Limited
Eric Liew (CEA Reg No: R021280Z)
9824 9966
eric.liew@sg.knightfrank.com
NOVEMBER 2017 - FEBRUARY 2018 • 35LOCAL
Artist's Impression
Artist's Impression
MARINA ONE
RESIDENCES
21 MARINA WAY, D01
for sale
GUIDE PRICE :
from Sgd 2,500,000
AN AWARD-WINNING MASTERPIECE
Marina One is an integrated development that places you on the pulse • Tenure : 99-year Leasehold
of Singapore’s vibrant Central Business District and beyond. Comprising • 1 to 4-Bedroom Apartments & Penthouses
luxury residences, unique retail offerings and Grade-A offices, Marina • 657 sq ft - 8,708 sq ft
One is nestled amongst lush greenery and green parks. • Total Units : 1,042
• Developed by : M+S Pte Ltd
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 Eric Liew (CEA Reg No: R021280Z)
expressways. With island-wide connectivity, Marina One Residences is 9824 9966
conveniently located to everything you want and possibly need. eric.liew@sg.knightfrank.com
SINGAPORE VIEW • 36LOCAL
Artist's Impression
STARLIGHT REVEL AND RELISH IN REALMS OF PLEASURE
SUITES Starlight Suites is a 35-storey high rise building of sleek, modern contemporary
design. It is a freehold property located at 11 River Valley Close. The Starlight
Suites will be a leisure walk away from the future Great World City MRT station
11 RIVER VALLEY CLOSE, D09 and is just a stone's throw away from Singapore’s busiest and most vibrant
for sale shopping district, Orchard Road. As the bright ambience of the shops beckon,
residents can take their pick with innumerable choices to suit every lifestyle
need and be drawn to the glitter of exquisite dinning choices and titillating
price on application nightlife.
• Tenure : Freehold
• 1 to 4-Bedrooms Apartments & Penthouses
Eric Liew (CEA Reg No: R021280Z) • 560 sq ft – 3,401 sq ft
9824 9966 • Total Units : 105
eric.liew@sg.knightfrank.com • Developed by : Meadows Property (S'pore) Pte Ltd
NOVEMBER 2017 - FEBRUARY 2018 • 37LOCAL
Artist's Impression
S K Y HA BITAT
STAY LANDED, LIVE ELEVATED
Rising to the skies from Singapore’s liveliest urban
centre, Sky Habitat is a high-rise apartment but in
BISHAN STREET 15, D20 many ways, also a home. Each unit boasts a private
for sale garden or outdoor space that opens up to the sky.
When regarded collectively, the units are reminiscent
Guide price : of idyllic houses terraced along Mediterranean
hillsides, complete with alleys and walkways linking
2-br + TERRACE from sgd 1,970,440 the community of homes on several levels.
• Tenure : 99-year Leasehold
• 1 to 4-Bedroom Apartments & Penthouses
Eric Liew (CEA Reg No: R021280Z) • 958 sq ft - 3,670 sq ft
9824 9966 • Total Units : 509
eric.liew@sg.knightfrank.com • Developed by : CapitaLand Ltd
SINGAPORE VIEW • 38LOCAL
AMBER A NEW WAVE IN LUXURY LIVING BECKONS
SKYE 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.
8 AMBER ROAD, D15 Luxury living awaits you at Amber Skye.
for sale
Guide price : • Tenure : Freehold
1-br from sgd 1,286,000 • 1 to 3-Bedroom Apartments, Grandeur,
Grand Villas & Penthouses
• 527 sq ft - 5,177 sq ft
• Total Units : 109
• Developed by : CS Land Pte Ltd
Eric Liew (CEA Reg No: R021280Z)
9824 9966
eric.liew@sg.knightfrank.com
NOVEMBER 2017 - FEBRUARY 2018 • 39YISHUN STREET 51, D27 for sale
LOCAL
3-BR from Sgd 664,000
Artist's Impression TH E CRI TERI ON
SIX THEMED HAUSES FOR
EVERY LIFESTYLE
From the tasteful architecture, extensive landscaping
and comprehensive facilities to the refined interiors
and premium fittings, you will find that The Criterion – a
luxurious executive condominium – has indeed raised
the bar in every aspect. An extensive network of public
transportation and new roads link everything together
to make commuting a breeze. Selected units get to
enjoy the serene views of Lower Seletar Reservoir and
the swimming pool.
• Tenure : 99-year Leasehold
• 2 to 5-Bedroom Apartments
• Total Units : 505
• Size : 700 sq ft - 1,378 sq ft
• First EC equipped with Panasonic air
conditioners with built-in nanoe-G air-
purifying system
• Expected TOP : Q1 2018
• Developed by : City Developments Limited
Eric Liew (CEA Reg No: R021280Z)
9824 9966
eric.liew@sg.knightfrank.com
TH E
BROWN STON E
AN EXTRAORDINARY EC NEXT
TO UPCOMING CANBERRA MRT
STATION
The Brownstone, a luxury executive condominium located
along Canberra drive, features a brown textured façade
with unique jetty balconies that take inspiration from New
York's brownstone row houses. Just a 3-minute walk to the
upcoming Canberra MRT station and well-connected to
major expressways such as the SLE, CTE, TPE and future
North-South Expressway (NSE), the development enjoys
great accessibility to all parts of the Island.
• Tenure : 99-year Leasehold
• 2 to 3-Bedroom Apartments
• Size : 732 sq ft - 1,130 sq ft
• Total Units : 638
• Expected TOP : Q4 2017
• Developed by : City Developments Limited
Artist's Impression
Eric Liew (CEA Reg No: R021280Z)
CANBERRA DRIVE, D27 for sale 9824 9966
Guide price : 3-BR FROM SGD 747,200 eric.liew@sg.knightfrank.com
SINGAPORE VIEW • 40KHIANG GUAN AVENUE, D11 for sale
LOCAL
Guide price : 3-BR duplex from Sgd 6,101,000
LIN CO L N S UIT E S Artist's Impression
PURE INSPIRATION
An iconic freehold residence located in Novena, Lincoln
Suites is one of the most sought-after residential enclaves
in Singapore.
• Tenure : Freehold
• Studio to 4-Bedroom Apartments
& Penthouses
• 463 sq ft – 5,522 sq ft
• Total Units : 175
• Developed by : Koh Brothers, Heeton Holdings,
KSH Holdings & Lian Beng Group
Eric Liew (CEA Reg No: R021280Z)
9824 9966
eric.liew@sg.knightfrank.com
RE I GNW O O D
H A M I LTO N
SCO TTS
IMAGINE A HOME THAT
CELEBRATES YOUR MOST
FERVENT PASSIONS
Awarded the best residential high rise development
by the International Property Awards, Reignwood
Hamilton Scotts is an iconic apartment with en-suite
elevated sky garages that welcome your arrival with
your very own car porch in the sky and a spectacular
view of the lush greens at the conserved Goodwood
Hills. The distinctive residence invites you to lounge
in the subtleties of sublime luxury, with the glitz and
glamour of Orchard Road along with the pulse of the
city right at your doorstep.
• Tenure : Freehold
• 3-Bedroom Apartments & Penthouses
• Size : 2,756 sq ft – 6,975 sq ft
• Total Units : 56
• Developed by : Sardinia Properties Pte Ltd
Eric Liew (CEA Reg No: R021280Z)
9824 9966 37 SCOTTS ROAD, D09 for sale
eric.liew@sg.knightfrank.com Price on Application
NOVEMBER 2017 - FEBRUARY 2018 • 41RESIDENTIAL
INTERNATIONAL
INTERNATIONAL
PROJECTS
JIGSAW JIGSAW, CONNECT WITH EXCELLENCE
Jigsaw is a welcoming and visionary new addition to West Ealing, where
the sleek lines sympathetically blend with the verdant tree-lined avenues
WEST EALING, LONDON W13
and garden squares – making this one of London’s most inspired living
FOR SALE destinations.
Guide Price : Located just a five minute stroll away from West Ealing Overground station
and a short walk from Ealing Broadway with its rail and tube connections,
GBP 420,000 onwards Jigsaw is brilliantly connected for all forms of transport. With the arrival of
Crossrail at West Ealing in 2019, Jigsaw will be just 11 minutes away from
Heathrow Airport, 10 minutes from Paddington Station and just 13 minutes
from the world famous shops of Bond Street.
• Tenure : 250-year leasehold
• 1 to 3-Bedrooms Apartments
• Built Up Area : 538.5 sq ft onwards
Linda Chern (CEA Reg No: R030706A) • Total Units : 75
8228 8836 • Estimated Completion Date : Q4 2019
linda.chern@sg.knightfrank.com • Developer : Fabrica & Rydon
SINGAPORE VIEW • 42INTERNATIONAL
THE
DENIZEN
LONDON EC1Y
FOR SALE
Guide Price :
GBP 795,000 onwards
DISCOVER THE LIFE WITHIN
In the vibrant heart of the city of London, an area rich in culture and architectural
history, the Denizen offers a calm, sophisticated environment that delivers the
very best of modern living. The apartments are everything a city home should be:
spacious, bright, elegant and tranquil. People who live and work in the area know
there’s more to the city than finance and business. There are an abundance of
cafes, Michelin starred restaurants, bars, markets and shops. A contemporary and
elegant landmark, with every detail considered. Individual balconies and sunken
gardens answer the need for an outdoor retreat from urban life, and the concierge
services help navigate life in the world’s most exciting capital. This is the perfect
development for any buyer looking to be in the Centre of London.
• Tenure : 154-year Leasehold from Jan 2016
• Studio to 3-Bedroom Apartments
• Built-up Area : 534 sq ft onwards
• Total Units : 99
• Estimated Completion Date : Q4 2019
• Developer : Taylor Wimpey Central London
Wen Xiong Danubrata (CEA Reg No: R027628Z)
9199 5476
wenxiong.danubrata@sg.knightfrank.com
NOVEMBER 2017 - FEBRUARY 2018 • 43INTERNATIONAL
STAINES THE HOTTEST NEW ADDRESS IN
STAINES UPON THAMES
UPON Staines upon Thames is a collection of contemporary
London-style studios and 1–3 bedroom apartments. They
THAMES are spread out in four 11-storey buildings connected by an
open central courtyard garden. All apartments enjoy private
outdoor space with a balcony or terrace, and residents
will have exclusive access to the private roof garden. It is
LONDON TW18 fronted by an impressive new piazza with shops, cafes and
for sale outdoor seating, making it the center of attention on High
Street. Staines-upon-Thames’ proximity to Heathrow Airport
and excellent connections via A30, M25, M3 and the M4
GUIDE PRICE : are further advantages, making it more than just a place to
gbp 359,950 ONWARDS live; it is a contemporary lifestyle and culture hub.
• Tenure : 999-year leasehold
from 1st Jan 2016
• 1 to 3-Bedrooms Apartments
• Built Up Area : 560 sq ft onwards
• Total Units: 118
Louisa Yap (CEA Reg No: R031229D) • Estimated Completion Date :
8522 7520 Q3 2019 (Core D)
louisa.yap@sg.knightfrank.com • Developer : London Square
SINGAPORE VIEW • 44INTERNATIONAL
HAMPSTEAD CONTEMPORARY HOMES WITH
TIMELESS, CLASSICAL APPEAL
MAN O R
Located on a leafy road only moments from the centre of Hampstead Village, the
KIDDERPORE AVENUE, outstanding new development Hampstead Manor embraces all of the qualities
LONDON NW3 that have long made NW3 one of the most desirable British postcodes. The 156
for sale distinguished residences at Hampstead Manor range from studio apartments to
four bedroom homes. From crisp contemporary apartments to the immaculate
conversion of landmark Grade II listed buildings, the skill demonstrated across
Guide price : the whole development makes Hampstead Manor a unique example of British
GBP 740,000 onwards artistry and imagination.
The Hampstead Manor spa and gym is situated in Willoughby. Facilities include
swimming pool, sauna, experience shower, spa and gym with a range of
contemporary equipment. The development is ideally located, a leafy fifteen
minute stroll from Hampstead underground station, which provides Northern line
services to the centre.
• Tenure : 999-year Leasehold
• 1, 2 & 3-Bedroom Apartments
• Built-up Area : 526 sq ft onwards
Linda Chern (CEA Reg No: R030706A) • Total Units : 156
8228 8836 • Estimated Completion Date : Q4 2018
linda.chern@sg.knightfrank.com • Developer : Mount Anvil
NOVEMBER 2017 - FEBRUARY 2018 • 45You can also read
