SINGAPORE VIEW MAR 2017 - JUN 2017 - A COLLECTION OF THE FINEST PROPERTIES & - Knight Frank
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SINGAPORE VIEW MA R 2017 - JUN 2017 A COLLECTION OF THE FINEST PROPERTIES & DEVELOPMENTS MARCH 2017 - JUNE 2017 • 1
CONTENTS 04 WELCOME 12 AUCTION 16 INDUSTRIAL 38 JALAN BUROH THE CLAREMONT HOTEL 06 MARKET RESEARCH 10 ADVISORY SERVICES 22 INVESTMENT & 12 AUCTION CAPITAL MARKETS RIO CASA INDUSTRIAL 16 30 OFFICE FRAGRANCE EMPIRE 22 INVESTMENT & BUILDING CAPITAL MARKETS 30 OFFICE PROPERTY ASSET 32 MANAGEMENT 34 RESIDENTIAL 51 RESIDENTIAL (LOCAL) RESIDENTIAL (INTERNATIONAL) 34 LOCAL PROJECTS PARK PLACE RESIDENCES MARDALUP RESIDENTIAL 65 66 RETAIL 46 INTERNATIONAL RESIDENTIAL (SALES) PROJECTS DOWNTOWN EAST SEASCAPE @ SENTOSA COVE 62 RESIDENTIAL LEASING 64 RESIDENTIAL SALES 63 RESIDENTIAL (LEASING) 66 RETAIL TAN CHIN TUAN MANSION SINGAPORE VIEW • 2 MARCH 2017 - JUNE 2017 • 3
WELCOME Times are a changing. Following the recent ease in cooling measures, home owners need only wait 3 years instead of 4 years from the date of purchase before selling their properties, in order to avoid paying seller’s stamp duties (SSD). The announcement offers a glimmer of hope in a season of worry, and is set to improve sentiments amongst buyers. On the flipside, the introduction of the Additional Conveyance Duty (ACD) now imposes a further 15% levy atop prevailing share duty taxes, for shares transferred between property-owning companies, and thus the development’s remaining units. Developers are now caught in a bind, already facing pressure to offload unsold units within a given time frame to avoid incurring additional charges. With fewer options on the table, the effects are expected to ripple through the market. In the private residential market, average resale prices across all fell on a year- on-year basis, led by the high-end segment’s sharp fall in prices in H1 2016. However, prices were firm across all market segments on a quarter-on-quarter basis, on the back of a steady return in interest and acceptance of price levels for private homes. In the mass market segment, gross rental yields fell, with average rent declining at a faster rate relative to average prices. With nearly 15,000 private homes scheduled for completion in 2017, the region is likely to see continued falls in home rentals. Amidst a toughening retail climate, prime rents for retail spaces along Orchard Road declined gradually, although international brands continue to value the shopping belt for the establishment of flagship stores and cementation of brand presence. Comparatively, average rents of suburban prime spaces witnessed the largest drop amongst locations tracked, with weaker malls weighing on the overall performance of the basket while stronger malls continue to see rents hold firm. With growing competition from the e-commerce sector, increased innovation and promotional activity are expected to rise, to capture and engage the minds of consumers. Rents of Grade A office spaces in the Shenton Way / Robinson Road / Tanjong Pagar area grew 1.7% q-o-q, putting a halt to six consecutive quarters of decline, largely attributed to the strong take-up of office spaces at the recently-completed Guoco Tower. The narrowing rental premium of Grade A+/A offices in the Raffles Place / Marina Bay area over other Grade A offices in secondary areas in the city also presents a strong value proposition, particularly for tenants who had been crowded out as a result of rising rents in the area between 2013 and H1 2015, and are considering returning to the CBD. After five months of contraction, the Purchasing Managers’ Index (PMI) rose to between 50.0 and 50.6 in the last three months of 2016, reflecting improved sentiments in the manufacturing sector due to quicker rates of expansion in factory output, inventory holding, new orders and new exports. 2017 will also see an influx in industrial space supply, with 26.3 million sq ft or 55.6% of total SINGAPORE VIEW industrial space slated for completion by 2017. mar 2017 - jun 2017 We are also proud to report that this issue marks the first of many digital copies you will be receiving of Singapore View, as we do our bid towards promoting EDITOR Liew Lixia greater environmental friendliness. Thank you for joining us in the march towards RESEARCH CONTENT Alice Tan the digital frontier, and greener pastures. MARKETING Phyllis Goh DESIGNER Regina Ang Danny Yeo Group Managing Director COVER IMAGE PARK PLACE RESIDENCES Knight Frank Pte Ltd READ MORE ON PAGE 34 SINGAPORE VIEW • 4 MARCH 2017 - JUNE 2017 • 5
MARKET O FFICE RESIDENTIAL RESEARCH OFFICE RESEARCH RESIDENTIAL The office market continued to slip over all four quarters of 2016, extending its decline which, for most market segments and RESEARCH RETAIL locations, began in the first half of 2015. The flight to Grade A+ buildings in the Raffles Place / Marina Bay district continues to make sense for many businesses, as average rents fell 10.0% over the year. All in all, rents of Grade A+ spaces in the district have fallen 16.4% from the last peak in Q1 2015. Similarly, Grade A office space in Raffles Place / Marina Bay declined 10.9% over the year to SYN OPSIS reach $8.30 psf pm. The narrowing rental premium of Grade A+/A office in Raffles Place / Marina Bay over other Grade A offices in OFFICE secondary areas in the city presents a strong value proposition, for tenants who had been crowded out as a result of the rising rents in the area between 2013 and H1 2015, and are considering returning to the CBD. INDUSTRIAL Rents of Grade A office space in the Shenton Way / Robinson Road / Tanjong Pagar grew 1.7% q-o-q, putting a halt to six consecutive quarters of decline in the area. This can be attributed to the strong take-up of office spaces at the recently-completed Guoco Tower. The search for strong and stable locations for business growth and the hunt for capital safe havens will form two key business RESIDENT I AL AVERAGE RESALE PRICES, RENTS AND GROSS YIELDS OF PRIVATE RESIDENTIAL PROPERTY, BY MARKET SEGMENT themes in 2017. Businesses will likely take on a more cautious stance in 2017, as the US Federal Reserve is expected to raise benchmark interest rate three times next year. The two-tiered performance in the prime office market is expected to gather pace, as waves of tenants in older Grade A offices start to relocate to higher quality Grade A+ buildings. As total upcoming office supply Based on Knight Frank’s analysis of a Source: REALIS, (based on data as at 17 February 2017), URA (based on rental contract data as at 17 is expected to peak in 2017 with approximately 3.7 million sq ft Gross Floor Area (GFA) slated for completion, prime office rents will February 2017), Knight Frank Research basket of private residential properties, continue to moderate by 6.0% to 9.0% over 2017. the average resale prices across all market segments fell, on a year-on- year (y-o-y) basis. This was led by the AVERAGE RESALE PRICES Q4 2015 Q4 2016 Y-O-Y high-end segment which saw a more (S$ PER SQ FT STRATA AREA) CHANGE AVERAGE OFFICE RENTALS, BY KEY PRECINCTS IN Q4 2016 pronounced price fall in H1 2016. On a quarter-on-quarter (q-o-q) basis, prices HIGH-END $2,103 $1,969 -6.4% Q-O-Q CHANGE were firm across all market segments. The MID-TIER $1,556 $1,484 -4.6% slower price decline came on the back MASS-MARKET $1,001 $ 971 -3.0% CBD (GRADE A+, GRADE A) CENTRAL AREA OTHERS of gradually returning interest for private S$9.20 (OUTSIDE CBD) homes, as the market exhibit general - S$9.70 S$8.10 acceptance of current price levels. - S$7.90 S$8.00 AVERAGE RENTS S$8.60 - - S$8.40 S$8.50 S$7.80 Gross rental yields fell in the mass- (S$ PER SQ FT STRATA AREA PER MONTH) - S$7.60 S$8.30 market segment, with average rent having - declined at a faster rate relative to average HIGH-END $ 5.24 $ 4.96 -5.3% S$8.10 S$4.70 - prices. In contrast, the high-end and mid- MID-TIER $ 4.33 $ 4.15 -4.1% S$6.90 S$4.20 MARINA BAY GRADE A+ - MARINA BAY GRADE A tier segments achieved better gross rental MASS-MARKET $ 2.90 $ 2.73 -6.0% S$5.30 ORCHARD GRADE A CITY HALL GRADE A yields compared to a year ago (Exhibit 1). SUNTEC GRADE A ROBINSON ROAD/ MARINA CENTRE/ TANJONG PAGAR RAFFLES PLACE/ RAFFLES PLACE/ SHENTON WAY/ FRINGE AREAS Close to 15,000 private homes are SUBURBAN slated for completion in 2017 – before GROSS YIELDS (%) GRADE A AREAS the pipeline tapers, according to latest available statistics from URA at the time HIGH-END 2.99% 3.02% of this publication. The Outside Central -1.2% -1.4% 1.7% -2.4% -1.2% -0.9% -1.6% -1.1% Region (OCR) will contribute more than MID-TIER 3.34% 3.36% half (55%) of this upcoming supply MASS-MARKET 3.48% 3.37% Source: Knight Frank Research (Exhibit 2), and the region is likely to see (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 continued falls in home rentals. UPCOMING PRIVATE RESIDENTIAL SUPPLY, BY MARKET SEGMENT, AS AT Q4 2016 UPCOMING OFFICE SUPPLY, AS AT JANUARY 2017 Source: URA, Knight Frank Research CCR RCR OCR SUBURBAN FRINGE (WEST) FRINGE (EAST) SUNTEC/MARINA/CITY HALL & REST OF CENTRAL AREA ORCHARD SHENTON WAY/ROBINSON ROAD/TANJONG PAGAR MARINA BAY/RAFFLES PLACE >2021 BEYOND 2021 2020/NA 2020 2020 2019 2019 2018 2018 2017 2017 NO.OF UNITS GROSS FLOOR AREA (’000 SQ FT) 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 0 1,000 2,000 3,000 4,000 Source: URA, Knight Frank Research *Upcoming office supply for the time period “Beyond 2020/NA” includes the White Site at Central Boulevard. For the purpose of this analysis, the minimum office GFA of 100,000m2, based on details of the land parcel as released by URA, is adopted. SINGAPORE VIEW • 6 MARCH 2017 - JUNE 2017 • 7
RETAIL INDUSTRIAL SPACE SUPPLY IN THE PIPELINE, AS AT Q4 2016 RETAIL RESEARCH INDUSTRIAL RESEARCH AVERAGE GROSS RENTS OF PRIME RETAIL SPACES Source: JTC, Knight Frank Research MULTIPLE-USER FACTORY SINGLE-USER FACTORY BUSINESS PARK WAREHOUSE Overall, average island-wide prime retail rents saw further moderation in Q4 2016. Despite the tough retail climate, the drop in rents for prime retail FOR Q4 2016 spaces along Orchard Road was marginal as it is still highly valued by 2021 international retailers to establish the presence of their brands, products LOCATION $ PER SQ FT Y-O-Y CHANGE and services. Average rents of prime spaces in the Suburban area saw the PER MONTH Q-O-Q CHANGE 2020 largest decline among the various locations tracked, with weaker malls weighing on the overall performance of the basket while stronger malls 2019 ISLAND- S$30.90 -2.0% continue to see rent hold firm. WIDE -0.7% 2018 About 2.5 million sq ft of net lettable retail space for major malls is slated for completion between 2017 and 2019 in Singapore, averaging 0.8 million sq 2017 ft of new major retail space per year. An estimated 0.7 sq ft of net lettable ORCHARD S$35.00 -0.7% GROSS FLOOR AREA (’000 SQ FT) major retail space is slated for completion in the whole of 2017. ROAD -0.2% 0 5,000 10,000 15,000 20,000 25,000 30,000 Due to the challenging retail scene, landlords are likely to take on a proactive role to initiate more advertising and promotional activities to attract shoppers MARINA S$30.90 into malls. With growing competition from the e-commerce sector, retailers -2.5% CENTRE, are also expected to explore innovative concepts to create an unique CITY HALL, -1.6% AVERAGE MONTHLY GROSS RENTALS FOR CONVENTIONAL INDUSTRIAL SPACE, BY KEY CLUSTERS shopping experience for consumers. This includes omni-channeling and BUGIS the adoption of technologies to enhance consumer engagement. Source: Knight Frank Research Q3 2016 Q4 2016 Q-ON-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 Going forward, the retail outlook in 2017 is likely to continue as a ‘bumpy CITY S$24.70 -3.3% ride’ for both landlords and retailers. Average rents in the Central Region FRINGE NO CHANGE are envisaged to fall by 5.0% to 8.0% by Q4 2017, while more resilient prime rents moderate by up to 3.0% y-o-y in the same period. Island-wide S$1.37 occupancy is expected to hover between 90.0% and 92.0% in 2017. S$1.43 SUB- S$29.00 -3.3% 4.4% URBAN -1.8% S$1.86 Source: Knight Frank Research S$1.88 * Knight Frank revised its basket of prime retail spaces in Q1 2016. 1.2% ** 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 S$1.55 basement level of a retail mall that is linked to a MRT or bus station. S$1.62 4.6% WOODLANDS SEMBAWANG S$1.84 ADMIRALTY S$1.80 MAJOR UPCOMING RETAIL SUPPLY FROM MAJOR DEVELOPMENTS IN KEY PRECINCTS YISHUN -2.6% Source: Knight Frank Research SERANGOON FRINGE AREA DOWNTOWN CORE ORCHARD Note: (1) Only retail space of at least 50,000 sq ft NLA is included, ANG MO KIO (2) As at Q4 2016, there is no major upcoming retail supply expected in 2020 onwards. REST OF CENTRAL AREA SUBURBAN LORONG CHUAN TOA PAYOH CLEMENTI PEMIMPIN 2019 KAKI BUKIT TOH TUCK UBI BUKIT BATOK PAYA LEBAR 2018 MACPHERSON EUNOS TAI SENG PIONEER DEFU 2017 TUAS NETT LETTABLE RETAILSPACE (’000 SQ FT) BUKIT MERAH KALLANG ALEXANDRA GEYLANG JALAN KILANG 0 200 400 600 800 1,000 1,200 1,400 PASIR PANJANG BENDEMEER IN DUSTRI AL BUSINESS PARK S$4.25 NO CHANGE S$3.06 (ISLAND- S$4.25 The Singapore Purchasing Manager's Index (PMI) showed improved sentiments within the manufacturing sector. After five quarters S$1.62 S$3.06 WIDE) of contraction, the PMI improved to between 50.0 and 50.6 in the last three months of 2016 due to faster rate of expansion in factory S$1.71 NO CHANGE output, inventory holding, as well as new orders and new exports. Factory output also grew 11.9% year-on-year (y-o-y) in November 6.1% 2016. On a three-month moving average basis, manufacturing output increased 6.9% in November 2016 compared to a year ago. S$2.84 AVERAGE The increase was mainly supported by the increased output in the biomedical manufacturing cluster (+34.8% y-o-y), the electronics S$2.73 -0.4% cluster (+24.2% y-o-y) and the chemical cluster (+3.5% y-o-y). -3.8% S$2.26 As at Q4 2016, an estimated gross floor area (GFA) of 16.1 million sq ft of multiple-user factory, 18.6 million sq ft of single-user S$2.10 factory, 12.3 million sq ft of warehouse and 0.3 million sq ft of business park space are slated for completion by 2021. About 26.3 -7.1% million sq ft or 55.6% of the total industrial space supply will be completed by 2017, with single-user factory accounting for 39.6% S$2.05 of this supply. S$2.04 Some of the upcoming major developments expected to be ready by 2017 include JTC Space @ Tuas (1.7 million sq ft GFA), Carros Centre @ Jalan Lam Huat (1.2 million sq ft GFA) and Ace @ Buroh (475,764 sq ft GFA). SINGAPORE VIEW • 8 MARCH 2017 - JUNE 2017 • 9
ADVISORY SERVICES ADVISORY SERVICES VA LUATIO NS With a track record of more than 75 years in Singapore, Knight Frank’s Valuation team grows from strength to strength. We are proud to have served many clients who have placed their trust in our competence, integrity and professionalism by staying with us year after year. Our experienced, well-respected and dedicated valuation team regularly appraises properties for mortgage, sale or purchase, public listing, financial reporting, rental reviews, litigation and statutory valuations. Today, we are on the valuation panel of nearly every leading bank and financial institution in Singapore. Knight Frank was appointed by Ascendas Real Estate Investment Trust for the portfolio valuation of 15 light industrial properties, totalling more than 2.4 million square feet of industrial space. We were also the appointed valuer for Mapletree ADVISORY Commercial Trust for the valuation of VivoCity, Singapore’s largest mall with over 1 million square feet of retail area spread over a 3-storey SERVICES shopping complex and two basement levels. Additionally, we undertake instructions to provide advice for rental valuations and statutory valuations involving property tax and land acquisition. In several cases, this has resulted in significant tax savings for our clients. 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 FOR MORE INFORMATION, PLEASE CONTACT: clients across both private and public sectors. Leveraging the multi-disciplinary expertise of our analysts Low Kin Hon OUR SERVICES: and first-hand insights from our industry veterans, we help Deputy Group Managing Director and clients seize opportunities and unlock the potential of their Managing Director of Valuations • Highest and best use studies projects while identifying and minimising risks. Backed by T: 6228 6860 • Development and planning consultancy a world-class global research team, we draw upon the E: kinhon.low@sg.knightfrank.com • Master planning advisory knowledge of our network of more than 400 offices across • Pricing and rental strategy 60 countries, to deliver in-depth research against global Png Poh Soon • Market due diligence market dynamics. • Feasibility studies for residential, retail, Director, Valuations office, hotels, shophouses and Our strengths in offering comprehensive and independent T: 6228 7393 industrial properties advice in multiple areas have earned us an extensive track E: pohsoon.png@sg.knightfrank.com • 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 • 10 MARCH 2017 - JUNE 2017 • 11
AUCTION NASSIM ROAD, D10 AUCTION AUCTION for SALE TH E NASSIM PARK CLA REM ON T RESIDENC ES H O TEL LUXURY AT SINGAPORE’S EMBASSY ROW Conveniently located at the junction of Serangoon Road and Owen Road, the property is within the Little Luxury and prestige awaits you at this serene and India district and only a 3-minute walk to Farrer Park quiet development along Nassim Road. MRT Station. Located in close proximity to shopping malls such • Tenure : Freehold as City Square Mall and Mustafa Centre, the area • Area : 4,833 sq ft offers an array of shopping, lifestyle, hospitality and • Ground floor, premium stack healthcare amenities, including Connexion and Farrer • 4 Bedrooms + Study Area Square Medical Suites). • Tastefully renovated with quality, imported finishing • Tenure : Freehold • Private outdoor swimming pool and lift • Area : 4,838 sq ft • Professional, temperature-controlled • Built up area : 30,591 sqf t • Short stroll to Orchard Road, Tanglin Mall & • Zoning : Hotel St Regis Guide price: $88 million Sharon Lee (CEA Reg No: R027845B) Leonard Lee (CEA Reg No: R043159E) 9686 4449 • 6228 6891 9001 4110 • 6228 6820 sharon.lee@sg.knightfrank.com leonard.lee@sg.knightfrank.com 301 SERANGOON ROAD, D08 FOR SALE SOM M ERVI LLE VOLARI @ PA RK BALMORAL SPACIOUS TOWNHOUSE NEAR Volari is a 12-storey condominium consisting of 80 apartments and 5 penthouses. The recreational BOTANIC GARDENS facilities provided are seemingly endless – a 50-metre lap pool, spa pool, splash pool, reflective pool, a Foreigners may consider this spacious 3-storey massage pavilion, outdoor dining pavilion, sun deck, townhouse, located within a condominium meditation decks, function rooms, a sunken lounge, development in District 10. massage shower, gymnasium, playground and changing rooms that also house steam rooms. Ample car park lots are available at the basement level. • Tenure : Freehold • Area : 4,101 sq ft • 3-storey, split-levels • Tenure : Freehold • 4 Bedrooms + Helper’s room • Area : 3,950 sq ft • Full condominium facilities • 2-Level Penthouse with 4 Bedrooms • Located near Botanic Gardens, and pool off Farrer Road • Includes a private lift, faces lush greenery, • Short walk to Farrer Road MRT, on the is near good schools and the MRT station Circle line • Few minutes’ drive to Holland Village / Guide price: $6.XX million Orchard Leonard Lee (CEA Reg No: R043159E) Sharon Lee (CEA Reg No: R027845B) 93 FARRER DRIVE, D10 9001 4110 • 6228 6820 9686 4449 • 6228 6891 12 BALMORAL RD, D10 bank SALE leonard.lee@sg.knightfrank.com sharon.lee@sg.knightfrank.com bank sale SINGAPORE VIEW • 12 MARCH 2017 - JUNE 2017 • 13
AUCTION AUCTION GUL LINK S I M L I M S QU A R E T H E W EST CO M LEN G KO K M AR IAM 13 GUL LINK, D22 1 ROCHOR CANAL ROAD, D07 1 TUAS SOUTH AVENUE 6 LENGKOK MARIAM, D17 for SALE bank SALE for SALE for SALE A JTC STANDARD SINGLE-STOREY THE GO-TO MALL FOR IT AND ELECTRONIC The B2 ramp-up factory is strategically located at Tuas - The immediate locality is a residential area predominated INTERMEDIATE TERRACE FACTORY WITH PRODUCTS the epicentre of industrial growth in Singapore. Located by detached, semi-detached houses and condominium MEZZANINE LEVEL nearby are the new Tuas West Road Extension viaduct and developments. Shops, a food centre, markets and other Various units of retail shops available, both on the ground floor accompanying MRT station, which are set to open soon. amenities are located at the nearby HDB Tampines and Pasir • Tenure : 30+30 years wef 1/8/1994 and upper levels. Ris New Towns. The subject property is just a few minutes’ • Site / Gross Floor Area: drive from the ECP, TPE and PIE. Approx.14,720 sq ft / 11,912 sq ft • Tenure : 99-year Leasehold • Tenure : 60 years wef July 1996 • 2014 Master Plan Zoning : Business 2 • Size : Approx. 350 sq ft - 450 sq ft • Area : 3,086 sq ft • Tenure : Freehold • Easily accessible via the AYE and PIE • Retail shops on various floors • B2 Factory • Area : 6,136 sq ft • The upcoming Gul Circle MRT station is • GST payable • Designer décor, near Loyang Point, ample parking, • Attractively priced to sell situated in the vicinity good, greenery-facing view • GST is payable Guide price: $780,000 Guide price: $6.xxm Tricia Tan (CEA Reg No: R021904I) Leonard Lee (CEA Reg No: R043159E) Noelle Tan (CEA Reg No: R047713G) Sharon Lee (CEA Reg No: R027845B) 9387 9668 • 6228 7349 • tricia.tan@sg.knightfrank.com 9001 4110 • 6228 6820 • leonard.lee@sg.knightfrank.com 9766 7797 • 6228 7380 • noelle.tan@sg.knightfrank.com 9686 4449 • 6228 6891 • sharon.lee@sg.knightfrank.com CO N CO R D E HO TEL & PAYA U B I I N D PA R K JO O L SUI T ES F O RT UN E JADE SHO PP IN G MAL L 53 UBI AVE 1, D14 for SALE 2 SING JOO WALK, D08 bank SALE 501 DUNMAN ROAD, D15 for SALE 100 ORCHARD ROAD, D09 bank SALE STRATA TERRACE-STYLE B1 FACTORY Fortune Jade is an 18-storey residential development Jool Suites is a 5-storey residential block comprising 48 Rare ground floor corner unit with good frontage. apartment units. Facilities include a swimming pool and both accommodating a total of 85 units of apartments. Parkway Ideally located along Orchard Road, between Dhoby Ghaut basement and ground level car parks. Parade/ Kallang Leisure Mall/ Sports Hub are all within minutes. and Somerset MRT. The two adjoining shop units available are • Tenure : 60-year Leasehold wef 1996 suitable for F&B usage, with dual glass frontage. • Size : Approx. 6,760 sq ft • Tenure : Freehold • Tenure : Freehold • 2-Storey + basement, terrace-style factory • Area : 624 sq ft • Area : 1,216 sq ft • Tenure : 99-year Leasehold • Ground floor, corner unit facing PIE • 2 Bedroom Apartment • Good layout, spacious • Size : 2,455 sq ft • 40-ft container parking bay and • Short stroll away from East Coast Park • Direct access from ground level 2 private car park lots • Water point, floor trap and self-contained toilet Guide price: $12xx psf • Private passenger lift • Formerly tenanted as a restaurant Leonard Lee (CEA Reg No: R043159E) Leonard Lee (CEA Reg No: R043159E) Tricia Tan (CEA Reg No: R021904I) Tricia Tan (CEA Reg No: R021904I) 9001 4110 • 6228 6820 • leonard.lee@sg.knightfrank.com 9001 4110 • 6228 6820 • leonard.lee@sg.knightfrank.com 9387 9668 • 6228 7349 • tricia.tan@sg.knightfrank.com 9387 9668 • 6228 7349 • tricia.tan@sg.knightfrank.com SINGAPORE VIEW • 14 MARCH 2017 - JUNE 2017 • 15
INDUSTRIAL INDUSTRIAL INDUSTRIAL 3 8 JA L A N A 9-STOREY RAMP-UP WAREHOUSE WITH MEZZANINE FLOOR LAM SOON A 10-STOREY FLATTED FACTORY INDUSTRIAL BUILDING WITH A CANTEEN AND CAR PARK BU R O H The property is strategically located along Jalan Buroh, INDUSTRIAL ON THE 6TH STOREY BUILDING The subject development is located along the eastern side of within an established industrial estate in the Western part 38 JALAN BUROH, D05 Hillview Avenue, off Upper Bukit Timah Road and strategically of Singapore. It is about 10 minutes’ drive from Lakeside FOR lease located near Bukit Batok Industrial Estate. It is well-connected MRT Station and is easily accessible via the AYE and PIE. 63 HILLVIEW AVENUE, D23 to the rest of the island via major expressways Pan Island for sale Expressway (PIE) and Bukit Timah Expressway (BKE), and is within 5 minutes’ drive to Hillview MRT Station and Rail Mall. • Target TOP Date : Q2 2017 • Area Per Floor : Up to 82,000 sq ft (Sub-division subject to landlord’s approval) • Tenure : Freehold Alvin Teng (CEA Reg No: R002950I) • 2014 Master Plan Zoning : Business 2 • Site Area : Approx. 230,915 sq ft Gerald Quek (CEA Reg No: R002959B) • Floor to Floor Height : Up to 13.50 m Veronica Chao (CEA Reg No: R027818E) • Total Strata Area Available For Sale : • Floor Loading : Up to 25 kN/m2 From approx. 1,200 sq ft to 6,100 sq ft Jean Liow (CEA Reg No: R002927D) • Loading/Unloading : 14 loading/unloading • Ceiling Height : Up to 4.35 m bays with dock levellers per floor Alvin Teng (CEA Reg No: R002950I) • Floor Loading : Up to 15 kN/m2 6100 0640 • ind@sg.knightfrank.com • Column Span : Generally 11.4 m X 10.8 m Gerald Quek (CEA Reg No: R002959B) • Loading/Unloading : 40 loading bays, 6100 6261 • ind@sg.knightfrank.com 28 of which are of hydraulic dock levellers SINGAPORE VIEW • 16 MARCH 2017 - JUNE 2017 • 17
TUAS AVENUE 12, D22 TUAS AVENUE 12, D22 INDUSTRIAL INDUSTRIAL for sale for sale 9 TU A S LI N K 2 TUAS A JTC STANDARD (TYPE D8) SINGLE AVENUE 12 STOREY DETACHED FACTORY WITH JTC TYPE ‘C8 EXTENDED’ DOUBLE- MEZZANINE LEVEL STOREY DETACHED STOREY WITH The subject property is located at Tuas Link, off Tuas MEZZANINE FLOOR West Road and is easily accessible by transport connections through the Tuas Link and Tuas West Road Located at the western end of Singapore off Tuas MRT stations (ready in 2017) and AYE, KJE and PIE. West Road, the subject property is about 500m away The Property is situated within a cluster of JTC standard from the future Tuas West Station. It is also close to the and purpose-built factories and is in close proximity to Tuas second link and easily accessible to other parts the Tuas 2nd Link checkpoint for quick access to and of Singapore via Tuas West Road, AYE and PIE. from Malaysia. • Tenure : JTC Leasehold of 30+28 years • Tenure : Leasehold 30+30 years from 1997 (wef 1996) • Land Area : Approx. 44,400 sq ft • Land Area : 66,000 sq ft • Floor Area : Approx. 25,000 sq ft • Gross Floor Area : 30,000 sq ft • 2014 Master Plan Zoning : • 2014 Master Plan Zoning : B2 with 1.4 plot ratio B2 with 1.4 plot ratio • Ceiling Height : Approx. 6.45 m • Direct access to ground floor level, • Floor Loading : 12.5 kN/m2 high ceiling and column free layout Alvin Teng (CEA Reg No: R002950I) Alvin Teng (CEA Reg No: R002950I) 9380 8662 • 6228 6893 9380 8662 • 6228 6893 alvin.teng@sg.knightfrank.com alvin.teng@sg.knightfrank.com 17 WOOD LA NDS SHINE @ TERRA CE TUAS SOUTH A 2-STOREY JTC DETACHED PROPOSED MULTI-USER STANDARD FACTORY WITH EXTENDED 6-STOREY RAMP-UP B2 MEZZANINE FLOOR AND REAR INDUSTRIAL DEVELOPMENT EXTENSION The property is strategically located near the future The subject property is located along Woodlands Tuas Mega Port and maritime industry in western Terrace, within the Woodlands Industrial Estate and Singapore, and stands out with its distinct wave- is located in the northern part of Singapore. It is inspired design. It offers ample infrastructure spaces accessible to other parts of Singapore via an extensive and facilities, allowing tenants to enhance the transportation network comprising the BKE, SLE efficiency of their operations and capitalise on future and PIE, providing efficient linkages to Woodlands connectivity plans between Singapore and Malaysia. checkpoint. It is also approximately 8 minutes’ drive from Admiralty and Sembawang MRT Stations. • Tenure : 30-year Leasehold (wef Jan 2015) • Gross Floor Area : 553,264.46 sq ft • Tenure : Leasehold 30+30 years • Unit Sizes : 1,669.48 sq ft - 13,763.80 sq ft (wef April 1996) • 2014 Master Plan Zoning : Business 2 • Land Area : 5,014.20 sq m • Estimated TOP : Q1 2018 (approx. 53,972.35 sq ft) • Floor-to-Floor Height : Up to 8.8m • Gross Floor Area : 3,527.10 sq m • Floor Loading : Up to 20 kN/m2 (approx. 37,965.35 sq ft) • 40 ft containers accessible to all floors • 2014 MP Zoning : Business 2 with 2.5 plot ratio • Floor Loading : 1st floor 15 kN/m2, 2nd floor 5 to 12.5 kN/m2 Alvin Teng (CEA Reg No: R002950I) Gerald Quek (CEA Reg No: R002959B) 17 WOODLANDS TERRACE, D25 9380 8662 • 6228 6893 9047 7619 • 6228 7306 11 TUAS SOUTH LINK 1, D22 for sale alvin.teng@sg.knightfrank.com gerald.quek@sg.knightfrank.com for sale SINGAPORE VIEW • 18 MARCH 2017 - JUNE 2017 • 19
110 LORONG 23 GEYLANG, D14 2 TUAS AVENUE 10, D22 INDUSTRIAL INDUSTRIAL FOR lease for sale VI CTO RY 2 TUAS CEN TRE AVENUE 10 A 7-STOREY INDUSTRIAL BUILDING JTC SINGLE-STOREY DETACHED WITH 86 UNITS & 1 CANTEEN UNIT FACTORY WITH MEZZANINE OFFICE AND 3-STOREY REAR EXTENSION The property is strategically located at the junction of BLOCK Sims Drive and Aljunied Road. It is within 5 minutes’ walk from Aljunied MRT station and is easily accessible The property is strategically located at Tuas Avenue via the PIE and KPE. 10, off Pioneer Road. It is about 5 minutes’ drive from the future Tuas Crescent MRT Station and easily accessible via the AYE and PIE. • Tenure : 60-year Leasehold (wef 2012) • Floor Area : From 1,650 sq ft • Tenure : JTC Leasehold 30+30 years • Floor to Floor Height : Approx. 5.5 m (wef 1989) • Floor Loading : 7.5 kN/m22014 • Land Area : Approx. 61,116 sq ft • Master Plan Zoning : Business 1 • Gross Floor Area : Approx. 67,571 sq ft • Covered carparks and rooftop • 2014 Master Plan Zoning : • Recreational facilities with swimming pool, Business 2 with 1.4 plot ratio gym, tennis court & sauna Ng Ee Kiat (CEA Reg No: R002972Z) 9825 0900 • 6228 7334 Veronica Chao (CEA Reg No: R027818E) eekiat.ng@sg.knightfrank.com Gerald Quek (CEA Reg No: R002959B) Lim Poh Gheok (CEA Reg No: R002915J) 6100 1558 9617 1066 • 6228 7382 ind@sg.knightfrank.com pohgheok.lim@sg.knightfrank.com 5 7 CH A N GI 5 THIRD LOK N ORTH YANG ROAD CRESCEN T JTC SINGLE STOREY DETACHED FACTORY WITH A REAR EXTENSION A 3-STOREY SEMI-DETACHED FACTORY FACTORY The property is located at Third Lok Yang Road, off The subject property located at Changi North Industrial International Road. It is about 5 minutes’ drive from Joo Estate. It is about 6 minutes’ drive from new upcoming Koon MRT station and easily accessible via the AYE Upper Changi MRT Station and 10 minutes’ drive from and PIE. Expo MRT Station. It is easily accessible via the PIE and TPE to the other parts of Singapore. • Tenure : JTC 60-year Leasehold (wef 1972) • Tenure : JTC Leasehold of 30 years • Land Area : Approx. 44,679 sq ft (wef July 2008) • Gross Floor Area : Approx. 25,112 sq ft • Floor Area: Approx. 1,886 sq m / 20,301 sq ft • 2014 Master Plan Zoning : • 2014 MP Zoning : Business 2 with Plot Ratio : 2.5 Business 2 with 1.6 plot ratio • Ceiling Height : Up to 8.0 m • Floor Loading : Up to 15 kN/m2 Ng Ee Kiat (CEA Reg No: R002972Z) Gerald Quek (CEA Reg No: R002959B) 9825 0900 • 6228 7334 9047 7619 • 6228 7306 gerald.quek@sg.knightfrank.com eekiat.ng@sg.knightfrank.com Ng Ee Kiat (CEA Reg No: R002972Z) Lim Poh Gheok (CEA Reg No: R002915J) 57 CHANGI NORTH CRESCENT, D17 9825 0900 • 6228 7334 9617 1066 • 6228 7382 5 THIRD LOK YANG ROAD, D22 FOR SALE eekiat.ng@sg.knightfrank.com pohgheok.lim@sg.knightfrank.com FOR SALE SINGAPORE VIEW • 20 MARCH 2017 - JUNE 2017 • 21
INVESTMENT & INVESTMENT & CAPITAL MARKETS INVESTMENT & CAPITAL MARKETS CAPITAL MARKETS RIO CASA TRISTAR RIO CASA, D19 FOR SALE HOTEL PRIME RESIDENTIAL REDEVELOPMENT SITE 1 ONAN ROAD, D15 The subject property is a 115-key hotel located along Onan Rio Casa is a privatised HUDC site which comprises 286 units of for sale Road, with prominent frontage. apartments and maisonettes. • Tenure : 99-year Leasehold Rio Casa is located along Hougang Avenue 7. It is a short drive Ian Loh (CEA Reg No: R027865G) • Spacious rooms, sized between 26 sqm to 42 sqm to Hougang Central and approximately 30 minutes away from the 8838 3288 • 6228 6823 • Great repositioning potential city centre. The subject property is accessible to other parts of ian.loh@sg.knightfrank.com • Suitable as flagship hotel Singapore via nearby major roads such as KPE and TPE. • Potential for sale & leaseback Karen Wan (CEA Reg No: R040821F) • 2014 Master Plan: Zoned "Hotel" • Existing Development : 9772 8042 • 6228 6809 • Near Paya Lebar MRT Station and the upcoming Ian Loh (CEA Reg No: R027865G) 286 units of apartments and maisonettes with sizes karen.wan@sg.knightfrank.com Paya Lebar Central 8838 3288 • 6228 6823 ranging from 151 sq m to 166 sq m ian.loh@sg.knightfrank.com • Tenure : 104-year Leasehold wef 01 Feb 1986 • Site Area: Approx. 396,231 sq ft Marvelle Wong (CEA Reg No: R055510C) • Total Strata Area : Approx. 479,435 sq ft 9753 5878 • 6228 7359 • Master Plan 2014 : marvelle.wong@sg.knightfrank.com Residential with Gross Plot Ratio 2.8 SINGAPORE VIEW • 22 MARCH 2017 - JUNE 2017 • 23
SYDNEY, AUSTRALIA JOO CHIAT ROAD, D15 INVESTMENT & CAPITAL MARKETS INVESTMENT & CAPITAL MARKETS for sale sold 45 8 – 4 7 2 118 JOO G EO RGE STREET C HIAT ROAD SUPER PRIME GEORGE STREET FREEHOLD COMMERCIAL BUILDING DEVELOPMENT SITE IN SYDNEY • Approx. 833 sqm land holding over two The subject property is a 4-storey commercial freehold titles (not heritage listed) building with attic and 9 carpark lots, nestled amongst • Absolute prime retail location with approx. numerous 2 and 3-storey shophouses. It is located 36m wide frontage to George Street along Joo Chiat Road, between the junction of Onan • Short WALE with holding income and no Road and Crane Road. options to renew • Potential for office/retail/hotel/residential use • Tenure : Freehold • Development potential for a landmark CBD • Site Area : Approx. 4,686 sq ft tower with super prime retail offering • Gross Floor Area: Approx. 18,571 sq ft • Benefit from the new George Street Light • Master Plan 2014 : Commercial with Gross Rail & Pedestrian Mall Plot Ratio 3.0 • EOI closes 23rd March 2017 (AEDT) 4pm Ian Loh (CEA Reg No: R027865G) Lennon Koh (CEA Reg No: R022673H) 8838 3288 • 6228 6823 9748 7400 • 6228 7327 ian.loh@sg.knightfrank.com lennon.koh@sg.knightfrank.com Karen Wan (CEA Reg No: R040821F) Karen Wan (CEA Reg No: R040821F) 9772 8042 • 6228 6809 9772 8042 • 6228 6809 karen.wan@sg.knightfrank.com karen.wan@sg.knightfrank.com 24 7 CO LLI N S BUKIT TIMAH STREET PLAZA CLASSICAL STYLED IN SUPER CORE PROMINENT RETAIL SPACE AT RETAIL LOCATION IN MELBOURNE BUKIT TIMAH PLAZA • Tenure : Freehold The subject property is a strata retail space approved • 7-storey office and retail building for F&B usage located in Bukit Timah Plaza, a • 100% leased to high quality tenant destination mall for families that offers a wide range of covenants products and services. • Strategically positioned within the retail and financial heart of Collins Street • Tenure : 99-year Leasehold wef 1976 • Unmatched proximity to the city’s proposed • Strata Area : Approx. 3,390 sq ft CBD South underground railway station • Located near the main entrance of a • Potential conversion to multi-level retail supermarket and/or residential/hotel (STPA) • EOI closes 23rd March 2017 (AEDT) 5pm Ian Loh (CEA Reg No: R027865G) Mary Sai (CEA Reg No: R027878I) 8838 3288 • 6228 6823 9388 7879 • 6228 6886 ian.loh@sg.knightfrank.com mary.sai@sg.knightfrank.com Karen Wan (CEA Reg No: R040821F) James Wong (CEA Reg No: R017407Z) MELBOURNE, AUSTRALIA 9772 8042 • 6228 6809 9113 3113 • 6228 7345 BUKIT TIMAH PLAZA, D21 FOR SALE karen.wan@sg.knightfrank.com james.wong@sg.knightfrank.com SOLD SINGAPORE VIEW • 24 MARCH 2017 - JUNE 2017 • 25
TANJONG PAGAR ROAD, D02 MOHAMED SULTAN ROAD, D09 INVESTMENT & CAPITAL MARKETS INVESTMENT & CAPITAL MARKETS SOLD for sale PRI ME MOHAMED SH OPH O U SE SULTAN ROAD UNIT RARE 3-STOREY CONSERVED SHOPHOUSE The subject property is a prime shophouse unit along the busy thoroughfare of Tanjong Pagar Road, The subject property is a three-storey refurbished a landmark stretch popularly known for its dining conserved shophouse located at Mohamed Sultan establishments. Road off River Valley Road, and is within the River Valley Conservation Area. • Tenure : 99-year Leasehold • Land Area : Approx. 1,300 sq ft • Tenure : 999-year Leasehold • Built in Area : Approx. 3,800 sq ft • Land Area : 2,382 sq ft • Prominent road frontage and highly visible • Gross Floor Area : Approx. 3,940 sq ft • Tenanted to a restaurant and to offices • 2014 Master Plan : Residential with Commercial at 1st storey • Approval granted for new erection of 8-storey rear extension with basement for 6 residential units Marvelle Wong (CEA Reg No: R055510C) Mary Sai (CEA Reg No: R027878I) 9753 5878 • 6228 7359 9388 7879 • 6228 6886 marvelle.wong@sg.knightfrank.com mary.sai@sg.knightfrank.com Chen Tianyi (CEA Reg No: R053702D) James Wong (CEA Reg No: R017407Z) 8160 8808 • 6228 6890 9113 3113 • 6228 7345 tianyi.chen@sg.knightfrank.com james.wong@sg.knightfrank.com CO N SERVATI ON DUNLOP SH OPH O U SE STREET A LO N G CRA I G PRIME SHOPHOUSES AT ROA D DUNLOP STREET The subject properties are four adjoining conservation shophouses located opposite Sim Lim Tower, and CONSERVATION SHOPHOUSE are ideal for retail uses, learning centres and fitness LOCATED IN CBD centres. The subject property is a conservation shophouse • Tenure : 999-year Leasehold conveniently located in the Central Business District, • Land Area : 3,341 sq ft and is surrounded by three MRT stations. • Gross Floor Area : Approx. 6,800 sq ft • 2014 Master Plan : Commercial within Conservation Area • Tenure : 99-year Leasehold wef 1989 • Land area : 1,581 sq ft • Gross Floor Area : Approx. 3,518 sq ft • Fully tenanted to a café Mary Sai (CEA Reg No: R027878I) 9388 7879 • 6228 6886 mary.sai@sg.knightfrank.com Marvelle Wong (CEA Reg No: R055510C) James Wong (CEA Reg No: R017407Z) CRAIG ROAD, D02 9753 5878 • 6228 7359 9113 3113 • 6228 7345 DUNLOP STREET, D08 sold marvelle.wong@sg.knightfrank.com james.wong@sg.knightfrank.com FOR SALE SINGAPORE VIEW • 26 MARCH 2017 - JUNE 2017 • 27
JOO CHIAT ROAD, D15 QUEENSWAY, D03 INVESTMENT & CAPITAL MARKETS INVESTMENT & CAPITAL MARKETS for sale FOR SALE J OO CH I AT QUEENSWAY RO A D SHOPPING 2-STOREY INTERMEDIATE PRE-WAR SHOPHOUSE C ENTRE The subject property is a two-storey intermediate pre- PRIME FREEHOLD RETAIL SHOP UNIT war shophouse located on the south-western side of Joo Chiat Road, off East Coast Road. The subject property is a retail shop unit located in Queensway Shopping Centre, a landmark building • Tenure : Freehold popularly known as the sports mall in Singapore. • Land Area : 1,880 sq ft • 2014 Master Plan: Commercial within • Tenure : Freehold Joo Chiat Conservation Area • Strata Area : Approx. 2,734 sq ft • Strata retail unit with 24 hours access • Prominent road frontage and highly visible • Ideal for various uses, including restaurants, wellness centres or leisure purposes Mary Sai (CEA Reg No: R027878I) 9388 7879 • 6228 6886 mary.sai@sg.knightfrank.com Chen Tianyi (CEA Reg No: R053702D) James Wong (CEA Reg No: R017407Z) 8160 8808 • 6228 6890 9113 3113 • 6228 7345 tianyi.chen@sg.knightfrank.com james.wong@sg.knightfrank.com PA G OD A 51 @ AMK STREET LARGE FLOOR PLATE RETAIL UNIT The subject property is a strata retail unit located in TWO ADJOINING CONSERVATION a landmark building popularly known as the Big Mac SHOPHOUSES Centre in Singapore. Situated next to AMK Hub, it is within walking distance to Ang Mo Kio MRT station and Hexacube is a commercial development comprising the bus interchange. 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 • Tenure : 81-year Leasehold wef 1995 Commercial Hub. Eunos MRT station is within minutes’ • Strata Area : Approx. 15,285 sq ft walk away from the development. • Ideal for various uses, including retail purposes, food courts and fitness centres • Tenure: Freehold • Strata Area For Sale (shops) : Approx. 409 sq ft to 904 sq ft • Strata Area For Sale (offices) : Approx. 807 sq ft to 1,604 sq ft Mary Sai (CEA Reg No: R027878I) 9388 7879 • 6228 6886 mary.sai@sg.knightfrank.com Marvelle Wong (CEA Reg No: R055510C) Chen Tianyi (CEA Reg No: R053702D) PAGODA STREET, D01 9753 5878 • 6228 7359 8160 8808 • 6228 6890 ANG MO KIO, D20 FOR SALE marvelle.wong@sg.knightfrank.com tianyi.chen@sg.knightfrank.com FOR SALE SINGAPORE VIEW • 28 MARCH 2017 - JUNE 2017 • 29
OFFICE OFFICE OFFICE FRA GRANCE JEM EMPIRE BUILDING 52 JURONG GATEWAY ROAD, D22 FOR LEASE 456 ALEXANDRA ROAD, D05 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 Fragrance Empire Building is a 26-storey newly refurbished icon (formerly Jurong East MRT station and bus interchange, as well as Ayer Rajah NOL Building) prominently located at the junction of Pasir Panjang Road Expressway. Integrated with Jem Shopping Centre, office tenants enjoy and Alexandra Road. Located in the Central West district, it enjoys close numerous amenities, eateries, banking facilities and other services. proximity to the CBD, as well as the Jurong industrial district. 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. 980 sq ft – 9,000 sq ft • Central air-conditioning system • Available Size : Approx. 9,900 sq ft – 26,600 sq ft • Ample parking lots • Central air-conditioning system • Connected to Alexandra Retail Centre & Labrador MRT station by covered walkway Chloe Quek (CEA Reg No: : R052931E) 9851 3399 • 6228 6855 Chloe Quek (CEA Reg No: : R052931E) chloe.quek@sg.knightfrank.com 9851 3399 • 6228 6855 chloe.quek@sg.knightfrank.com SINGAPORE VIEW • 30 MARCH 2017 - JUNE 2017 • 31
PROPERTY ASSET S T R ATA M A N A G E M E N T PROPERTY ASSET MANAGEMENT PROPERTY ASSET MANAGEMENT MANAGEMENT For owners of strata titled developments, our Strata Management team provides common area management services, managing estates between the range of 50 to 1,000 units. For property developers, we provide advice on the implications of development plans on maintenance charges and handover services. Owners of strata units who reside overseas, or are trustees, corporations and high-net- worth individuals, engage us for landlord-tenant services, including leasing, re- sale, rent collection and general management. ASSET M ARI N A O N E MANAGEMENT RESI D EN C ES V O N SH EN T O N THE TR ILIN Q 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 J G AT EWAY ARD M O RE PARK AR DM OR E II FOR MORE INFORMATION ON ASSET AND STRATA MANAGEMENT, PLEASE CONTACT: 6848 5678 PUNGGOL TOWN SQUARE HILLION MALL enquiries@kfpam.com.sg SINGAPORE VIEW • 32 MARCH 2017 - JUNE 2017 • 33
RESIDENTIAL LOCAL LOCAL LOCAL PROJECTS QUEENS PEAK DUNDEE ROAD, D03 for sale Guide price : 1-BR from Sgd 721,000 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 amongst homebuyers and property investors. The development is surrounded by PARK PLACE LIVE THE CITY LIFE, EAST STYLE excellent connectivity, plenty of educational institutions and enjoys the distinct character and tranquility of Queenstown. RESIDENCES Paya Lebar Quarter, Singapore’s most progressive city For the health conscious and nature lovers, there is also a precinct, is located at the heart of the URA’s urban regeneration lot to look forward to. Hortpark, Singapore Botanic Gardens, masterplan for Paya Lebar. Three world-class office towers Delta Sports Complex and Queenstown Stadium are located offering exclusive 429 units of premier residences, next within 2km of the residence. PAYA LEBAR, D14 generation workspaces and more than 200 retailers with for sale indoor and alfresco dining experiences sit amidst lush green, connected spaces. Directly linked to Paya Lebar MRT Station, • Tenure : 99-year Leasehold the interchange for the East-West and Circle Lines, it has Guide price : • 1 to 5 Bedroom Apartments & Penthouses superb transport connections across Singapore. It is also the Eric Liew (CEA Reg No: R021280Z) • 425 sq ft - 4,778 sq ft PRICE ON APPLICATION closest commercial hub to the CBD • Total units : 736 9824 9966 • Developed by : HY Realty (Dundee) Pte Ltd eric.liew@sg.knightfrank.com • Tenure : 99-year Leasehold • 1 to 3 Bedroom Premium • Size : 474 sq ft - 1367 sq ft Eric Liew (CEA Reg No: R021280Z) • Total units : 429 9824 9966 • TOP Date : 31 December 2020 eric.liew@sg.knightfrank.com • Developed by : Lendlease SINGAPORE VIEW • 34 MARCH 2017 - JUNE 2017 • 35
LOCAL LOCAL BOTANIQUE 60 PAYA LEBAR ROAD, D19 for sale AT BARTLEY GUIDE PRICE : 3-BR premium from Sgd 1,475,000 BECKONING • BEAUTY • BESPOKE Live in this botanical paradise and be rejuvenated by its soothing • Tenure : 99-year Leasehold CAIRNHILL UNIQUE CITY LIFESTYLE sensory experience. Botanique at Bartley is a beautiful garden as • 1 to 3 Bedroom Apartments / much as it is a home. DK Flexi / Premium • 495 sq ft - 1,270 sq ft NINE 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 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 • • Total Units : 797 Developed by : UOL Development (Bartley) Pte Ltd shopping centres such as ION Orchard, Paragon Shopping with amenities such as new offices, hotels, retail and community CAIRNHILL ROAD, D10 Centre and Wisma Atria, and is close to many local and facilities in an area marked for tremendous growth potential. for sale international schools, including Anglo Chinese Junior School With Bartley MRT station a convenient 3-minute walk away, be and Chatsworth International School. Esteemed medical connected to major transport hubs in Serangoon and Bishan. A Eric Liew (CEA Reg No: R021280Z) centres such as Mount Elizabeth Hospital and Paragon short drive to and from the CTE, PIE and Bartley viaduct means 9824 9966 Guide price : Medical Center are also within the vicinity. you are never too far from your homely oasis. eric.liew@sg.knightfrank.com 2-BR FROM Sgd 2,473,000 Centrally located, Cairnhill Nine enjoys great connectivity to 2-BR+GUEST FROM SGD 2,588,000 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 Lawrence Ng (CEA Reg No: R053438F) • 592 sq ft – 3,864 sq ft 8128 6589 • Total Units : 268 units lawrence.ng@sg.knightfrank.com • Developed by : CapitaLand Ltd SINGAPORE VIEW • 36 MARCH 2017 - JUNE 2017 • 37
LOCAL LOCAL MARINA ONE RESIDENCES 21 MARINA WAY, D01 for sale THE MODERN FACADES AND GUIDE PRICE : 2-BR from Sgd 2,403,500 EXPANSIVE LANDSCAPE AN AWARD-WINNING MASTERPIECE PANORAMA The Panorama is an exclusive residential enclave surrounded by lush greenery, offering residents picturesque and panoramic views of its immediate neighborhood, the ANG MO KIO AVENUE 2, D20 Lower Pierce Reservoir and beyond. Marina One is an integrated development that places you on the pulse • Tenure : 99-year Leasehold for sale of Singapore’s vibrant Central Business District and beyond. Comprising • 1 to 4 Bedroom Apartments & Penthouses Enjoy the convenience of being near to AMK Hub and a luxury residences, unique retail offerings and GradeA offices, Marina • 657 sq ft - 8,708 sq ft myriad of neighborhood shops to meet all your lifestyle One is nestled amongst lush greenery and parks. • Total Units : 1,042 Guide price : needs. Reaching the Central Business District and rest of • Developed by : M+S Pte Ltd 3-BR from Sgd 1,234,121 the Island is easy with the excellent transportation network Seamlessly connected to four MRT lines (North-South, Circle, and future Mayflower MRT station within walking distance. Downtown and the upcoming Thomson line) via underground pedestrian walkways, it is easily accessible from major expressways. Eric Liew (CEA Reg No: R021280Z) • Tenure : 99-year Leasehold With island-wide connectivity, Marina One Residences is conveniently 9824 9966 • 1 to 5 Bedroom Apartments & Penthouses located to everything you want and possibly need. eric.liew@sg.knightfrank.com • 431 sq ft – 2,411 sq ft • Total Units : 698 Eric Liew (CEA Reg No: R021280Z) • Developed by : Pinehill Investments Pte Ltd 9824 9966 (A wholly-owned subsidiary company of eric.liew@sg.knightfrank.com Wheelock Properties Singapore Limited) SINGAPORE VIEW • 38 MARCH 2017 - JUNE 2017 • 39
21 ANGULLIA PARK, D09 for sale LOCAL LOCAL Price on application TWENTY ONE ANGULLIA PARK REDEFINING LUXURY LIVING Framed by glorious green boulevards and gardens, TwentyOne Angullia Park is strategically located at the prime intersection of Orchard Road and Scotts Road. Just a stone’s throw away from an array of shopping centres, cosmopolitan dining and entertainment, this prime location gives you unlimited access to an exclusive and premier lifestyle. • Tenure : Freehold • 2 to 4 Bedroom Apartments & Penthouses • Total Units : 54 • 1,163 sq ft – 7,718 sq ft • Developed by : Angullia Development Pte Ltd Lawrence Ng (CEA Reg No: R053438F) 8128 6589 lawrence.ng@sg.knightfrank.com REIGNWOOD HAMILTON SC OTTS TH E R IS E IMAGINE A HOME THAT @ OXLEY CELEBRATES YOUR MOST FERVENT PASSIONS THE LUXURY OF Awarded the best residential high rise development COSMOPOLITAN LIVING by the International Property Awards, Reignwood Hamilton Scotts is an iconic apartment with en-suite The Rise @ Oxley is located in prime District 9, along elevated sky garages that welcome your arrival with 71 OXLEY RISE, D09 the fringe of Orchard Road and in close proximity to your very own car porch in the sky and a spectacular esteemed schools like the Singapore Management for sale view of the lush greens at the conserved Goodwood University, Chatsworth International School and River Hills. The distinctive residence invites you to lounge Valley Primary School. Somerset and Dhoby Ghaut guide price : in the subtleties of sublime luxury, with the glitz and MRT stations are located just a stone’s throw away glamour of Orchard Road along with the pulse of the 3-BR from Sgd 1,763,000 from this luxurious abode, giving you direct access to city right at your doorstep. the North-South, North-East and Circle Lines. • Tenure : Freehold • Tenure : Freehold • 3 Bedroom Apartments & Penthouses • 1 to 4 Bedroom Apartments & Penthouses • 2,756 sq ft – 6,975 sq ft • Residential : 462 sq ft - 1,194 sq ft • Total Units : 56 • Commercial : 355 sq ft - 1,065 sq ft • Developed by : Sardinia Properties Pte Ltd • Total Units : 120 Residential & Eric Liew (CEA Reg No: R021280Z) 29 Commercial 9824 9966 • Developed by : Oxley Rise Pte Ltd eric.liew@sg.knightfrank.com Lawrence Ng (CEA Reg No: R053438F) 8128 6589 37 SCOTTS ROAD, D09 for sale lawrence.ng@sg.knightfrank.com Price on Application SINGAPORE VIEW • 40 MARCH 2017 - JUNE 2017 • 41
YISHUN STREET 51, D27 for sale 610 TELOK BLANGAH ROAD, D04 for sale LOCAL LOCAL 2-BR from Sgd 560,000 3-BR from Sgd 2,302,000 TH E CRI TERI ON SKY LINE NOT JUST A STANDARD HOME RESIDENC ES BUT THE STANDARD FOR A HOME RAISE YOUR SIGHT From the tasteful architecture, extensive landscaping Poised atop a lush landscape deck, Skyline Residences and comprehensive facilities to the refined interiors offers picture perfect views of the sea and an equally and premium fittings, you will find that The Criterion stellar view of Keppel Golf Link and Labrador Park. has indeed raised the bar in every aspect. An extensive network of public transportation and new roads link Located right in the heart of the action, VivoCity and everything together to make commuting a breeze. HarbourFront Centre are just a stone’s throw away and choice schools in close vicinity. The CBD is also easily accessible via the AYE, major roads and Telok Blangah • Tenure : 99-year Leasehold MRT station, just a five-minute walk away. Nature • 2 to 5 Bedroom Apartments & Penthouses lovers will embrace nearby greenery at Mount Faber, • Total Units : 505 Henderson Waves and Hort Park. • 700 sq ft - 1,636 sq ft • Flexible Room concepts • Tenure : Freehold • Provision of unique facilities : 6 Haus of • 1 to 4 Bedroom Apartments & Penthouses fun activities including Spa Haus, electric • 484 sq ft - 3,681 sq ft bicycles and campfire-type BBQ pits • Total units : 283 • First EC equipped with Panasonic Air • Developed by : Conditioner with Nanoe-G air purifying Bukit Sembawang View Pte Ltd function Eric Liew (CEA Reg No: R021280Z) Eric Liew (CEA Reg No: R021280Z) 9824 9966 9824 9966 eric.liew@sg.knightfrank.com eric.liew@sg.knightfrank.com N ATH A N SU I TES AMBER SKY E TAKE FLIGHT ABOVE THE A NEW WAVE IN LUXURY BISHOPGATE HORIZON LIVING BECKONS Nathan Suites is a beautiful new luxury condominium The magnificent allure of oceania living is encapsulated on the fringe of Orchard Road, beside the exclusive in one private residential beacon in the east - Amber Bishopsgate GCB (good class bungalow) enclave. Skye. The 22-storey freehold condominium is located Designed by the internationally acclaimed architect in Singapore’s prime district, Amber Road, and is Jun Mitsui to embody the soaring flight of birds on the surrounded by prestigious local and international winds around, with his signature clean & sleek lines. schools with easy access to major expressways and the upcoming Amber MRT station. Luxury living awaits you at Amber Skye. • Tenure : Freehold • Tenure : Freehold • Last Penthouse unit for sale • 1 to 3 Bedroom Apartments, Grandeur, • 4 Bedroom + Family + Private Lift Grand Villas & Penthouses • Size : 4,747 sq ft • 527 sq ft - 5,177 sq ft • Developed by : TID Pte Ltd • Total Units : 109 • TOP : 2014 • Developed by : CS Land Pte Ltd Eric Liew (CEA Reg No: R021280Z) Lawrence Ng (CEA Reg No: R053438F) 21 NATHAN ROAD, D10 for sale 9824 9966 8128 6589 8 AMBER ROAD, D15 for sale Guide price : sgd 9,500,000 eric.liew@sg.knightfrank.com lawrence.ng@sg.knightfrank.com Guide price : Average Sgd 1,850 psf SINGAPORE VIEW • 42 MARCH 2017 - JUNE 2017 • 43
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