SINGAPORE VIEW MAR 2017 - JUN 2017 - A COLLECTION OF THE FINEST PROPERTIES & - Knight Frank

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SINGAPORE VIEW MAR 2017 - JUN 2017 - A COLLECTION OF THE FINEST PROPERTIES & - Knight Frank
SINGAPORE
VIEW
MA R 2017 - JUN 2017

A COLLECTION OF THE
FINEST PROPERTIES &
DEVELOPMENTS

                       MARCH 2017 - JUNE 2017 • 1
SINGAPORE VIEW MAR 2017 - JUN 2017 - A COLLECTION OF THE FINEST PROPERTIES & - Knight Frank
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
SINGAPORE VIEW MAR 2017 - JUN 2017 - A COLLECTION OF THE FINEST PROPERTIES & - Knight Frank
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
SINGAPORE VIEW MAR 2017 - JUN 2017 - A COLLECTION OF THE FINEST PROPERTIES & - Knight Frank
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
SINGAPORE VIEW MAR 2017 - JUN 2017 - A COLLECTION OF THE FINEST PROPERTIES & - Knight Frank
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
SINGAPORE VIEW MAR 2017 - JUN 2017 - A COLLECTION OF THE FINEST PROPERTIES & - Knight Frank
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
SINGAPORE VIEW MAR 2017 - JUN 2017 - A COLLECTION OF THE FINEST PROPERTIES & - Knight Frank
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
SINGAPORE VIEW MAR 2017 - JUN 2017 - A COLLECTION OF THE FINEST PROPERTIES & - Knight Frank
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
SINGAPORE VIEW MAR 2017 - JUN 2017 - A COLLECTION OF THE FINEST PROPERTIES & - Knight Frank
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
SINGAPORE VIEW MAR 2017 - JUN 2017 - A COLLECTION OF THE FINEST PROPERTIES & - Knight Frank
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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