SINGAPORE VIEW NOV 2016 - FEB 2017 - A COLLECTION OF THE FINEST PROPERTIES & - Knight Frank
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SINGAPORE
VIEW
N O V 2016 - F EB 2017
A COLLECTION OF THE
FINEST PROPERTIES &
DEVELOPMENTS
NOVEMBER 2016 - FEBRUARY 2017 • 1
CONTENTS
04 WELCOME
22
INVESTMENT &
CAPITAL MARKETS
STARS OF KOVAN 06 MARKET
RESEARCH
10 ADVISORY
SERVICES
12
AUCTION
18
INDUSTRIAL
12 AUCTION
NASSIM PARK 11 TUAS SOUTH
RESIDENCES STREET 11 INDUSTRIAL
16
30 OFFICE
FRAGRANCE
EMPIRE
34 RESIDENTIAL
(LOCAL)
QUEENS PEAK
51
RESIDENTIAL (INTERNATIONAL) 22 INVESTMENT &
BUILDING WINDSOR TERRACE CAPITAL MARKETS
30 OFFICE
PROPERTY ASSET
32
MANAGEMENT
RESIDENTIAL
34 LOCAL PROJECTS
RESIDENTIAL
64
RETAIL
48
INTERNATIONAL
PROJECTS
HILLION MALL
60 RESIDENTIAL
LEASING
62 RESIDENTIAL
SALES
61
RESIDENTIAL (LEASING)
62
RESIDENTIAL (SALES)
64 RETAIL
TAN CHIN TUAN MANSION TOH CRESCENT
SINGAPORE VIEW • 2 NOVEMBER 2016 - FEBRUARY 2017 • 3
WELCOME
Uncertainties in the global economy, coupled with a highly
politicised US election and news of Brexit has caused a strain
on the Singapore property market.
The office market continues to see rentals decline, prompting
several established tenants to relocate from Grade A
buildings to Grade A+ quality over the upcoming quarters.
This has placed pressure on rents and exacerbated the
pursuit by upcoming and newer buildings to secure tenants,
as buildings vie to backfill vacancies. Knight Frank projects
that average office rents will continue on its path of decline,
before bottoming out in 2018.
Amid a toughening retail climate, average Orchard Road
prime rents have been weakening with rents in the Central
Region and more resilient prime rents expected to moderate
further by end 2016, to take a hit on island-wide occupancy.
Escalating competition from e-commerce markets and
increasingly discerning consumers are also challenging
landlords to review their mall repositioning and the way retail
business is being conducted, to provide engaging, quality
services to preserve customer loyalty.
Gross yields in the private residential property market have
weakened, with average rents dipping at a faster rate relative
to their respective average prices. Projected to further
impact leasing demand is the reduced inflow of expatriates,
in conjunction with shrinking accommodation stipends. By
the second half of 2016, some 10,262 private homes will
be released into the market, and landlords can expect stiffer
competition as the tenant pool dwindles.
Demand for industrial spaces continues to soften, with overall
rents declining and tenants approaching rental expectations
cautiously. Coupled with the strong supply of industrial space
concurrently in the pipeline, the double-whammy situation is
expected to weigh down on industrial rents further. This may
be in exception to freehold industrial units, where demand
and rents are likely to remain resilient given the limited supply.
Nevertheless, good specification quality assets with lease
tenures of 60 years and above are set to be more highly
sought after by industrialists, as long-term investments.
As part of efforts towards environmental friendliness, we will SINGAPORE VIEW
be going digital from the next issue of Singapore View. Thank nov 2016 - feb 2017
you for your continued support and we hope you will help
play a part in advancing the green movement.
EDITOR Margaret Ang
RESEARCH CONTENT Alice Tan
MARKETING Phyllis Goh
DESIGNER Regina Ang
Danny Yeo
Group Managing Director COVER IMAGE QUEENS PEAK
Knight Frank Pte Ltd READ MORE ON PAGE 34
SINGAPORE VIEW • 4 NOVEMBER 2016 - FEBRUARY 2017 • 5
MARKET O FFICE
RESIDENTIAL RESEARCH
OFFICE RESEARCH
RESIDENTIAL
Amid heightened uncertainty in the global economy, the office market continued to see rentals decline. Grade A office space in the
RESEARCH
Raffles Place / Marina Bay district saw the largest quarter-on-quarter (q-o-q) rental decline of 2.9% of the various locations in Q3
RETAIL 2016, while Grade A+ office space in the same area saw rental decline moderate slightly, falling 2.1% q-o-q.
The pursuit by upcoming and newer buildings to secure tenants gained momentum in the past two quarters. Several established
SYN OPSIS OFFICE tenants from Grade A buildings will take flight to Grade A+ quality in the coming quarters. Upcoming vacancies in Grade A buildings
will increase in the next two years as these tenants relocate, and put pressure on rents as a result.
Competition for tenants will be rife, particularly among buildings vying to backfill vacancies from tenants relocating to quality over
INDUSTRIAL the upcoming quarters.
Singapore’s prime office rents for upper floors in skyscrapers, ranked eighth regionally, will stand more favourably with businesses
looking to locate or increase their footprint in Singapore, as compared to major global cities in the region, Hong Kong and Tokyo,
which were ranked first and third respectively, in Knight Frank’s latest Global Cities Report 2017.
RESIDENT I AL AVERAGE RESALE PRICES, RENTS AND GROSS YIELDS OF
PRIVATE RESIDENTIAL PROPERTY, BY MARKET SEGMENT
Knight Frank projects that average office rents will continue on its path of decline, before bottoming out in 2018.
Based on Knight Frank’s analysis Source: REALIS, (based on data as at 29 Sep 2016), URA (based on rental contract data as at 29 Sep 2016),
Knight Frank Research
of a basket of private residential
properties, the average resale prices
of high-end homes stayed firm in AVERAGE OFFICE RENTALS, BY KEY PRECINCTS IN Q3 2016
Q3 2016, on a year-on-year (y-o-y) AVERAGE RESALE PRICES Q3 2015 Q3 2016 Y-O-Y
basis. This comes on the back of a (S$ PER SQ FT STRATA AREA) CHANGE Q-O-Q CHANGE
positive y-o-y change in prices in
the preceding quarter, signalling the HIGH-END $2,028 $2,027 -0.1% CBD (GRADE A+, GRADE A) CENTRAL AREA OTHERS
continued return of interest in the MID-TIER $1,587 $1,458 -8.7% S$9.30 (OUTSIDE CBD)
high-end market. -
MASS-MARKET $1,037 $ 980 -5.5% S$9.80 S$8.20
- S$8.10 S$8.10
S$8.70 - -
Gross rental yields weakened across all S$8.60 S$8.60 S$7.90
market segments, with average rents -
AVERAGE RENTS S$7.40 S$8.40
having declined at a faster rate relative -
to their respective average prices. (S$ PER SQ FT STRATA AREA PER MONTH) S$7.90 S$4.80
-
Amid global economic uncertainties, S$7.00 S$4.20
MARINA BAY GRADE A+
-
MARINA BAY GRADE A
the reduced inflow of expatriates and HIGH-END $5.28 $ 5.03 -4.8% S$5.40
ORCHARD GRADE A
CITY HALL GRADE A
shrinking accommodation stipends
SUNTEC GRADE A
ROBINSON ROAD/
MID-TIER $4.33 $ 4.12 -4.7%
MARINA CENTRE/
TANJONG PAGAR
RAFFLES PLACE/
RAFFLES PLACE/
SHENTON WAY/
are likely to further impact leasing
FRINGE AREAS
demand. MASS-MARKET $2.98 $ 2.77 -7.2%
SUBURBAN
GRADE A
AREAS
10,262 private homes are expected
for completion in H2 2016, according GROSS YIELDS (%)
to latest available statistics from URA -2.1% -2.9% -1.5% -2.7% -2.1% -1.8% -1.9% -2.1%
as at the date of this publication. HIGH-END 3.13% 2.98%
The Outside Central Region (OCR) Source: Knight Frank Research
will contribute 44% of this upcoming
MID-TIER 3.27% 3.39% (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
supply, and the region is likely to see MASS-MARKET 3.45% 3.39%
continued falls in home rentals.
UPCOMING PRIVATE RESIDENTIAL SUPPLY, BY MARKET SEGMENT, AS AT Q2 2016 UPCOMING OFFICE SUPPLY, AS AT Q2 2016
Source: URA, Knight Frank Research CCR RCR OCR Source: URA, Knight Frank Research SUBURBAN FRINGE (WEST) FRINGE (EAST) SUNTEC/MARINA/CITY HALL & REST OF CENTRAL AREA
ORCHARD SHENTON WAY/ROBINSON ROAD/TANJONG PAGAR MARINA BAY/RAFFLES PLACE
>2020 BEYOND
2020/NA
2020
2020
2019 2019
2018 2018
2017 2017
H2 2016 NO.OF UNITS H2 2016 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
SINGAPORE VIEW • 6 NOVEMBER 2016 - FEBRUARY 2017 • 7
INDUSTRIAL SPACE SUPPLY IN THE PIPELINE, AS AT Q2 2016
RETAIL RESEARCH
INDUSTRIAL RESEARCH
Source: JTC, Knight Frank Research MULTIPLE-USER FACTORY SINGLE-USER FACTORY BUSINESS PARK WAREHOUSE
2020
2019
AVERAGE GROSS RENTS OF
2018
PRIME RETAIL SPACES
FOR Q3 2016 2017
H2 2016 GROSS FLOOR AREA (’000 SQ FT)
LOCATION $ PER SQ FT Y-O-Y CHANGE
PER MONTH Q-O-Q CHANGE
0 5,000 10,000 15,000 20,000 25,000
ISLAND- S$31.20 -2.2%
WIDE
-0.2%
AVERAGE MONTHLY GROSS RENTALS FOR CONVENTIONAL INDUSTRIAL SPACE, BY KEY CLUSTERS
ORCHARD S$35.10 -0.1% Source: Knight Frank Research Q2 2016 Q3 2016 Q-ON-Q % CHANGE
ROAD * Range of rentals are estimated based on the average
-0.5% of minimum and maximum transacted rentals derived
* Only rents of units on upper floors are included
RETAIL
MARINA S$31.40 -4.7%
Average island-wide prime retail rents moderated downwards slightly by CENTRE, S$1.38
0.2% in Q3 2016 to reach S$31.20 psf. Prime Orchard Road rents fell CITY HALL, NO CHANGE
S$1.37
on a quarter-on-quarter (q-o-q) basis for the first time since Q2 2015, BUGIS -0.9%
on the back of a tougher retail climate. Suburban prime rents improved
marginally, largely supported by the stable demand from the surrounding
residential catchment. Prime rents within Marina Centre, City Hall, Bugis S$24.70 -2.1% S$1.90
CITY
and City Fringe areas held steady compared to the previous quarter. FRINGE NO CHANGE
S$1.86
-2.0%
An estimated 1.1 million sq ft of net lettable major retail space is slated
for completion in the whole of 2016, of which 38.2% was ready in the S$1.59
first half of 2016. Amid the more challenging and competitive retail SUB- S$29.50 -4.2% S$1.55
market, it is important that landlords perform a critical review of their URBAN -2.7% WOODLANDS
mall positioning and tenant mixes, and emphasize the importance of 0.1% SEMBAWANG S$1.88
quality customer service as a means to maintain customer loyalty.
ADMIRALTY S$1.84
YISHUN
Source: Knight Frank Research -2.1%
Moving forward, average rents in the Central Region are envisaged to fall * Knight Frank revised its basket of prime retail spaces in Q1 2016. SERANGOON
** Prime spaces refer to rental-yielding units between 350 and 1,500 ANG MO KIO
between 6.0% and 8.0% y-o-y by Q4 2016, while more resilient prime sq ft with the best frontage, connectivity, footfall and accessibility
LORONG CHUAN
rents could moderate downwards by up to 3.0% y-o-y. Island-wide in a mall which are typically ground level of a retail mall and/or the
TOA PAYOH
basement level of a retail mall that is linked to a MRT or bus station.
occupancy is likely to fall from 92.8% in Q4 2015 to between 90.0% and CLEMENTI PEMIMPIN
92.0% in Q4 2016. KAKI BUKIT
TOH TUCK
UBI
BUKIT BATOK
PAYA LEBAR
MACPHERSON
EUNOS
TAI SENG
PIONEER
DEFU
TUAS
I N DU S T RIA L
BUKIT MERAH
KALLANG
ALEXANDRA
GEYLANG
JALAN KILANG
BENDEMEER
“
PASIR PANJANG
Overall island-wide rents declined by 1.2% q-o-q to $2.08 per sq ft per month
(psf pm) in Q3 2016, as rents across most locations dropped. The Pioneer – BUSINESS
Tuas cluster suffered the largest decline of 9.6% q-o-q in Q3 2016, mainly PARK
S$4.40
-4.1%
W i th so ft ened dema nd a nd due to the under-performing oil and gas industry, related offshore and marine S$3.02 (ISLAND- S$4.22
services, and general manufacturing that dragged down the activities of related S$1.79 S$3.06 WIDE)
a s tro n g pi pel ine supply S$1.62
o f i n dust ri al sp a c e in the and supporting trades agglomerated within the B2 cluster. 1.3%
m a r k et , i n dust r ia l re nts are -9.6%
e xpect ed t o be we ighed Business Park rents moderated downwards by 4.1% q-o-q to $4.22 psf pm S$2.93
AVERAGE
do wn fu rt h er. Fre e hold in Q3 2016 on the back of the challenging business climate, with tenants S$2.84
-1.2%
i n d ust ri al un i t s could be a n exercising greater caution in rental expectations. Nonetheless, business park -3.3%
e xc e pt i o n , as d ema nd a nd space equipped with flexible layout, ready amenities, good connectivity and a S$2.21
re n ts are l i k el y to re main clustering effect with spill-over benefits are still well-occupied. S$2.26
re s i l i ent g i ven the limite d 2.6%
su ppl y. Softened demand and a strong pipeline supply of industrial space in the market S$2.11
”
in the coming quarters are expected to weigh down on industrial rents further. S$2.08
Knight Frank forecasts that average island-wide rents could decline by between
6.0% and 8.0% y-o-y in Q4 2016.
SINGAPORE VIEW • 8 NOVEMBER 2016 - FEBRUARY 2017 • 9
ADVISORY SERVICES
ADVISORY SERVICES
VA LUATIO N
With a track record of more than 75 years in Singapore, Knight Frank’s FOR MORE INFORMATION,
Valuation team grows from strength to strength. We are proud to have PLEASE CONTACT:
served many clients who have placed their trust in our competence,
integrity and professionalism by staying with us year after year. Today, Low Kin Hon
we are on the valuation panel of nearly every leading bank and financial Deputy Group Managing Director &
institution in Singapore. Managing Director of Valuation
T: 6228 6860
We have the experience and competence to undertake valuation for
E: kinhon.low@sg.knightfrank.com
various types of properties. Knight Frank successfully completed the
valuation for CapitaLand Mall Trust, for seven quality shopping malls
of approximately two million square feet located in the suburban and Png Poh Soon
Central areas of Singapore. We were also appointed by CapitaLand Director, Valuation
Commercial Trust for the valuation of five prime office buildings T: 6228 7393
for corporate reporting and for the acquisition of CapitaGreen, a E: pohsoon.png@sg.knightfrank.com
40-storey Grade A office tower located at 138 Market Street. More
recently, we assisted Mapletree Commercial Trust in the valuation of
the strata interest of Mapletree Business City, which comprises office
and business park components for acquisition purposes.
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
ADVISORY
for our clients.
SERVICES
CONSULTANCY Knight Frank's Consultancy & Research team provides
strategic advice, development consultancy and market
& R ESEAR CH research services to a wide range of local and overseas
clients across both private and public sectors.
Leveraging the multi-disciplinary expertise of our analysts
OUR SERVICES: and first-hand insights from our industry veterans, we help
clients seize opportunities and unlock the potential of their
• Highest and best use studies projects while identifying and minimising risks. Backed by
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FOR MORE INFORMATION, PLEASE CONTACT:
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Director and Head, Consultancy & Research
T: 6228 6833
E: alice.tan@sg.knightfrank.com
SINGAPORE VIEW • 10 NOVEMBER 2016 - FEBRUARY 2017 • 11
AUCTION 85 BRANKSOME ROAD, D15
AUCTION
AUCTION
mortgagee's SALE
J A LA N TA RU M BRANKSOME
2½-STOREY BALINESE STYLE ROAD
SEMI-DETACHED WITH
BASEMENT REDEVELOPMENT LAND WITH
SINGLE STOREY DETACHED
Located off Ang Mo Kio Ave 2 and Sembawang Hill HOUSE
Drive, the property sits on rectangular land with a
frontage 10.5m wide and 30.5m in depth. A rare, sizeable landed housing redevelopment site in
the most sought after address in District 15 is now
Enjoy the convenience of having the market, various available for sale. Zoned for residential use under
amenities and the future Mayflower MRT station within URA’s 2014 Master Plan, 85 Branksome Road is a
walking distance. Prestigious schools such as CHIJ single-storey bungalow which can be redeveloped
Saint Nicholas Girls’ School and Anderson Primary into a two-storey home. Boasting a 30-metre long
School are also around the corner. frontage, the plot is ideal to be subdivided into a pair
of bungalows, an excellent opportunity for a city-fringe
• Tenure : Freehold location.
• 5 Bedrooms + 2 Utility / Helper Rooms
• Land Area : Approx. 3,461 sq ft • Tenure : Freehold
• Built-up Area : Approx. 4,263 sq ft • Land Area : 13,189 sq ft
• Tastefully designed in Balinese style • Floor Area : Approx. 9,000 sq ft
• Located off Mountbatten Road /
Tanjong Katong Road
Guide price: $3.xxM
• Ideal for redevelopment
• Frontage of about 30m x 40m depth
Leonard Lee (CEA Reg No: R043159E) Sharon Lee (CEA Reg No: R027845B)
9001 4110 • 6228 6820 9686 4449 • 6228 6891
leonard.lee@sg.knightfrank.com sharon.lee@sg.knightfrank.com
35 JALAN TARUM, D20 MORTGAGEE’S SALE
N A SSI M PA RK FOREST HILLS
RESI D EN CES C ONDOMINIUM
LUXURIOUS LIVING AT PRIMARILY RESIDENTIAL IN
ORCHARD ROAD AREA. NATURE, MAINLY LANDED
PRESTIGIOUS ADDRESS WITH HOUSES WITHIN THE VICINITY
SEVERAL EMBASSIES AS YOUR
Located off Sembawang, the subject property is near
NEIGHBOUR the future Springleaf MRT station.
Spacious ground floor unit, renovated with imported A low density development with a total of 118
premium quality finishing and a professional built-in apartments offering full condominium facilities.
temperature controlled wine cellar.
A premium stack that does not face the main road. • Tenure : 99 years wef 10/02/2000
Quiet and serene environment with privacy assured. • 3 Bedroom Apartment
• Area : Approx. 1,163 sq ft
• Selling vacant possession
• Tenure : Freehold • Premium stack with pool view
• 4 Bedrooms converted to 3 + Study Area • Good move-in condition
• Area : 4,833sqft
• Ground floor with private pool & lift Guide price: $899k
• 5-minute walk to Tanglin and Orchard Road
(Selling below valuation)
Leonard Lee (CEA Reg No: R043159E) Tricia Tan (CEA Reg No: R021904I)
17 NASSIM ROAD, D10 9001 4110 • 6228 6820 9387 9668 • 6228 7349 31 TRANSIT ROAD #03-23, D26
owner's SALE leonard.lee@sg.knightfrank.com tricia.tan@sg.knightfrank.com motivated seller
SINGAPORE VIEW • 12 NOVEMBER 2016 - FEBRUARY 2017 • 13
F ON TA I N E PA R R Y
AUCTION
AUCTION
69 POH HUAT ROAD, D19
mortgagee's SALE
Located less than 1km away from Kovan MRT station, the
fifth-storey penthouse has an open roof terrace with an
excellent pool view perfect for parties and barbeques.
• Tenure : 999-year Leasehold
• 3 Bedroom Penthouse
• Area : 2,368 sq ft
• Pool view
• Less than 1km to Kovan MRT
O N E LA D Y H I LL KI A N T ECK DR IVE
Guide price: $1.xm ONE LADY HILL, D09 KIAN TECK DRIVE, D22
owner's SALE owner's SALE
LUXURIOUS 4 BEDROOM APARTMENT ON SINGLE STOREY JTC B2 TERRACE FACTORY
GROUND FLOOR WITH MEZZANINE LEVEL
Leonard Lee (CEA Reg No: R043159E)
9001 4110 • 6228 6820 • leonard.lee@sg.knightfrank.com Within walking distance to Tanglin Shopping Centre, Botanic • Tenure : 30 years wef 1995 (option to renew 15 yrs)
Gardens and the future Napier MRT station. • Area :13,966 sq ft (land) / 11,027 sq ft
• B2 with gross plot ratio of 2.5
K E N S I N GT ON S QU A RE •
•
Tenure : Freehold (T.O.P 2011)
4 Bedroom Apartment
• Conveniently located near PIE, AYE and future
Jurong East terminus for high speed rail
2 JALAN LOKAM #01-04, D19 • Area : 4,188 sq ft
• Suitable for oil and gas industries and consultant
owner's SALE • Excellent layout
engineering services
Guide price: $11.5m Guide price: $3.xm
Rarely available freehold retail shop off Tai Keng Gardens that
(selling below valuation)
recently TOP. Located just 8 minutes away from Bartley MRT
station, the subject property is suitable for many trades and is Sharon Lee (CEA Reg No: R027845B) Noelle Tan (CEA Reg No: R07713G)
set to have Giant supermarket as an anchor tenant. 9686 4449 • 6228 6891 • sharon.lee@sg.knightfrank.com 9766 7797 • 6228 7380 • noelle.tan@sg.knightfrank.com
• Tenure : Freehold
• Mixed Development
• Area : Approx. 237 sq ft
• Pool view
• Road-facing retail shop
Tricia Tan (CEA Reg No: R021904I)
9387 9668 • 6228 7349 • tricia.tan@sg.knightfrank.com
JA R DI N
966 DUNEARN ROAD #09-01, D21
owner's SALE
CA RI BBEA N AT KEPPEL T UA S LI N K 1
Rarely available 1-bedroom Duplex in development with 44 KEPPEL BAY DRIVE #01-117, D04 TUAS LINK 1, D22
private lift and high ceiling. The apartment is bright and breezy, mortgagee's SALE owner's SALE
with a lush, quiet view. Prestigious schools like Methodist Girls'
School, Pei Hwa Presbyterian Primary School, Hwa Chong 3-BEDROOM APARTMENT WITH PRIVATE SINGLE STOREY JTC DETACHED B2
Junior College, Swiss and German International Schools are ENCLOSED SPACE QUIETLY SITUATED AT CORNER FACTORY WITH MEZZANINE
in the vicinity. THE CORNER OF THE DEVELOPMENT
• Tenure : 30+30 years wef Dec 1993
• Tenure : 99 years wef 16/08/1999 (Balanced approx. 37 years)
• Tenure : Freehold
• Floor Area : Approx. 1,485 sq ft • Land Area : 53,852 sq ft
• Area : Approx. 990 sq ft
• Quiet facing • 3 Bedrooms + Utility Room • Floor Area : 38,980 sq ft
• 5 minutes away from King Albert MRT • Great patio area to host guests • Current Plot Ratio : 0.72
• Bright apartment with good ceiling height • Allocable PIA Ratio : 1.4
• Located near Vivo City, Harbourfront Centre • Dual frontage
Guide price: $1.xm and Sentosa • Walking distance to Tuas West Road MRT
Tricia Tan (CEA Reg No: R021904I) Tricia Tan (CEA Reg No: R021904I) Sharon Lee (CEA Reg No: R027845B)
9387 9668 • 6228 7349 • tricia.tan@sg.knightfrank.com 9387 9668 • 6228 7349 • tricia.tan@sg.knightfrank.com 9686 4449 • 6228 6891 • sharon.lee@sg.knightfrank.com
SINGAPORE VIEW • 14 NOVEMBER 2016 - FEBRUARY 2017 • 15
INDUSTRIAL
38 JALAN BUROH, D05
INDUSTRIAL
INDUSTRIAL
FOR lease
38 JALAN
BUROH
A PROPOSED ERECTION OF A
9-STOREY SINGLE USER RAMP-UP
WAREHOUSE WITH ANCILLARY OFFICE
The property is strategically located along Jalan Buroh,
within an established industrial estate in the Western
part of Singapore. It is about 10 minutes’ drive from
Lakeside MRT Station and is easily accessible via the
AYE and PIE.
• Target TOP Date : Q2 2017
• Area Per Floor : Up to 82,000 sq ft
(Sub-division subject to landlord’s approval)
• 2014 Master Plan Zoning : Business 2
• Floor to Floor Height : From 5.60 m – 13.50 m
• Floor Loading : From 10 kN/m2 – 25 kN/m2
• Loading/Unloading : 14 loading/unloading
bays with dock levellers per floor
Alvin Teng (CEA Reg No: R002950I)
Gerald Quek (CEA Reg No: R002959B)
Veronica Chao (CEA Reg No: R027818E)
Jimmy Kan (CEA Reg No: R042974D)
6100 0640 • ind@sg.knightfrank.com
VIC TORY
C ENTRE
LAM SOON A 10-STOREY FLATTED FACTORY INDUSTRIAL
BUILDING WITH A CANTEEN AND CAR PARK ON
THE 6TH STOREY
A 7-STOREY INDUSTRIAL BUILDING
WITH 86 UNITS & 1 CANTEEN UNIT
INDUSTRIAL The property is strategically located at the junction of
BUILDING
The subject development is located along the eastern side of Hillview Sims Drive and Aljunied Road. It is within 5 minutes’
Avenue, off Upper Bukit Timah Road and strategically located near walk from Aljunied MRT station and is easily accessible
Bukit Batok Industrial Estate. It is well-connected to the rest of the via PIE and KPE.
island via major expressways Pan Island Expressway (PIE) and Bukit
63 HILLVIEW AVENUE, D23 Timah Expressway (BKE), and is within 5 minutes’ drive to Hillview
• Tenure : 60-year Leasehold (wef 2012)
for sale MRT Station and Rail Mall.
• Floor Area : From 1,650 sq ft
• Floor to Floor Height : Approx. 5.5 m
• Floor Loading : 7.5 kN/m22014
• Tenure : Freehold • Master Plan Zoning : Business 1
• Site Area : Approx. 230,915 sq ft • Covered carparks and rooftop
Jimmy Kan (CEA Reg No: R042974D)
• Total Strata Area Available For Sale : • Recreational facilities with swimming pool,
Alvin Teng (CEA Reg No: R002950I) From approx. 1,200 sq ft to 6,100 sq ft gym, tennis court & sauna
Gerald Quek (CEA Reg No: R002959B) • Ceiling Height : Up to 4.35 m
• Floor Loading : Up to 15 kN/m2
6100 6261 • Loading/Unloading : 40 loading bays,
ind@sg.knightfrank.com 28 of which are of hydraulic dock levellers
Jimmy Kan (CEA Reg No: R042974D)
Veronica Chao (CEA Reg No: R027818E)
Gerald Quek (CEA Reg No: R002959B)
6100 1558 110 LORONG 23 GEYLANG, D14
ind@sg.knightfrank.com FOR lease
SINGAPORE VIEW • 16 NOVEMBER 2016 - FEBRUARY 2017 • 17
TUAS AVENUE 12, D22 60 JALAN LAM HUAT, D25
INDUSTRIAL
INDUSTRIAL
for sale FOR SALE
TU A S C ARROS
AV EN U E 1 2 C ENTRE
JTC TYPE ‘C8 EXTENDED’ DOUBLE- A PROPOSED 7-STOREY MULTI-USER
STOREY DETACHED STOREY WITH RAMP-UP GENERAL INDUSTRIAL
MEZZANINE FLOOR DEVELOPMENT (B2)
The subject property is located along Jalan Lam Huat,
Located at the western end of Singapore off Tuas
off Kranji Road. It is easily accessible via BKE, SLE and
West Road, the subject property is about 500m away
KJE to Woodlands checkpoint and other parts of the
from the future Tuas West Station. It is also close to the
island.
Tuas second link and easily accessible to other parts
of Singapore via Tuas West Road, AYE and PIE.
• Tenure : Freehold
• Site Area : Approx. 466,000 sq ft
• Tenure : JTC Leasehold of 30+28 years • Floor Area : From 1,700 sq ft to 2,100 sq ft
from 1997 • 2014 Master Plan Zoning : Business 2
• Land Area : Approx. 44,400 sq ft with 2.5 plot ratio
• Floor Area : Approx. 25,000 sq ft • Ceiling Height : 6m
• 2014 Master Plan Zoning : • Floor Loading : 12.5 kN/m2
B2 with 1.4 plot ratio • Loading/Unloading : 3 loading/unloading
• Ceiling Height : Approx. 6.45 m bays with 2 dock-levellers catering for up to
• Floor Loading : 12.5 kN/m2 40 ft container trucks
• 2 temporary staff canteens
Alvin Teng (CEA Reg No: R002950I) Gerald Quek (CEA Reg No: R002959B)
9380 8662 • 6228 6893 9047 7619 • 6228 7306
alvin.teng@sg.knightfrank.com gerald.quek@sg.knightfrank.com
11 TU A S 255 JALAN
SO U TH BOON LAY
STREET 11 2-STOREY LABORATORY, CANTEEN
AND CONSUMER SWITCH ROOM, A
BRAND NEW HIGH SPECS SINGLE STOREY OFFICE ANNEXE,
INDUSTRIAL FACTORY, WITH GROUND A 4-STOREY REFINERY BUILDING
FLOOR ACCESS FLEXIBLE LAYOUT AND A SINGLE STOREY WAREHOUSE
BUILDING
Located within Jurong Industrial Estate, the subject
property is near the future Tuas Mega Port and Strategically located at the junction of Jalan Boon Lay
maritime industry in western Singapore. and Chin Bee Drive, the property is within Chin Bee
Food Zone and Jurong Industrial Estate. It is about 3
minutes’ drive from Boon Lay MRT station and Boon
• Tenure : 21 years and 6 months Lay Bus Interchange, and is easily accessible via the
AYE and PIE.
from June 2014
• Land Area : Approx. 77,252.51 sq ft
• Tenure : JTC Leasehold (until 2029)
• Gross Floor Area : Approx. 67,500 sq ft
• Land Area : Approx. 316,000 sq ft
• 2014 MP Zoning : Business 2
• Gross Floor Area : Approx. 130,000 sq ft
• Ceiling Height : Prod Area – 11.6m,
• 2014 Master Plan Zoning : Business 2
Below Mezz – 5.5m & Mezz floor – 4.5m
• Plot Ratio : 2.5
• Floor Loading : Ground floor – 20 kN/m2
• Current Approved Use : Vegetable oil refinery
& Mezz floor – 5 kN/m2
Gerald Quek (CEA Reg No: R002959B)
9047 7619 • 6228 7306
gerald.quek@sg.knightfrank.com
Veronica Chao (CEA Reg No: R027818E) Veronica Chao (CEA Reg No: R027818E)
11 TUAS SOUTH STREET 11, D22 9111 7775 • 6228 6394 9111 7775 • 6228 6394
255 JALAN BOON LAY, D22
for sale veronica.chao@sg.knightfrank.com veronica.chao@sg.knightfrank.com FOR SALE
SINGAPORE VIEW • 18 NOVEMBER 2016 - FEBRUARY 2017 • 192 TUAS AVENUE 10, D22 11 TAI SENG DRIVE, D19
INDUSTRIAL
INDUSTRIAL
for sale FOR SALE
2 TU A S 11 TAI SENG
AV EN U E 1 0 DRIVE
JTC SINGLE-STOREY DETACHED JTC PURPOSE-BUILT 6-STOREY
FACTORY WITH MEZZANINE OFFICE DETACHED FACTORY
AND 3-STOREY REAR EXTENSION
BLOCK The property is strategically located in the south-eastern
region of Tai Seng Drive, with excellent road frontage
The property is strategically located at Tuas Avenue along Hougang Avenue 3. It is about 5 minutes’ drive
10, off Pioneer Road. It is about 5 minutes’ drive from from Tai Seng MRT station and easily accessible via the
the future Tuas Crescent MRT Station and easily PIE and KPE to other parts of Singapore.
accessible via the AYE & PIE.
• Tenure : JTC 60-year Leasehold (wef 1993)
• Tenure : JTC Leasehold 30+30 years
• Land Area : Approx. 49,552 sq ft
(wef 1989)
• Gross Floor Area : Approx. 110,000 sq ft
• Land Area : Approx. 61,116 sq ft
• 2014 Master Plan Zoning : Business 2
• Gross Floor Area : Approx. 67,571 sq ft
• Plot Ratio: 2.5
• 2014 Master Plan Zoning :
• Sits on regularly shaped land
Business 2 with 1.4 plot ratio
Ng Ee Kiat (CEA Reg No: R002972Z)
9825 0900 • 6228 7334
eekiat.ng@sg.knightfrank.com
Lim Poh Gheok (CEA Reg No: R002915J) Veronica Chao (CEA Reg No: R027818E)
9617 1066 • 6228 7382 9111 7775 • 6228 6394
pohgheok.lim@sg.knightfrank.com veronica.chao@sg.knightfrank.com
5 TH I RD LOK SHINE @
YA N G ROA D TUAS SOUTH
JTC SINGLE STOREY DETACHED PROPOSED MULTI-USER
FACTORY WITH A REAR EXTENSION 6-STOREY RAMP-UP B2
FACTORY INDUSTRIAL DEVELOPMENT
The property is located at Third Lok Yang Road, off The property is strategically located near the future
International Road. It is about 5 minutes’ drive from Joo Tuas Mega Port and maritime industry in western
Koon MRT station and easily accessible via the AYE Singapore, and stands out with its distinct wave-
and PIE. inspired design. It offers ample infrastructure spaces
and facilities, allowing tenants to enhance the
efficiency of their operations and capitalise on future
• Tenure : JTC 60-year Leasehold (wef 1972) connectivity plans between Singapore and Malaysia.
• Land Area : Approx. 44,679 sq ft
• Gross Floor Area : Approx. 25,112 sq ft
• 2014 Master Plan Zoning : Business 2
• Tenure : 60-year Leasehold (wef 2015)
• Plot Ratio : 2.5
• Gross Floor Area : 553,264.46 sq ft
• Unit Sizes : 1,669.48 sq ft - 13,763.80 sq ft
• 2014 Master Plan Zoning : Business 2
• Estimated TOP : Q1 2018
• Floor-to-Floor Height : Up to 8.8m
• Floor Loading : Up to 20 kN/m2
• 40 ft containers accessible to all floors
Ng Ee Kiat (CEA Reg No: R002972Z)
9825 0900 • 6228 7334
eekiat.ng@sg.knightfrank.com
Lim Poh Gheok (CEA Reg No: R002915J) Gerald Quek (CEA Reg No: R002959B)
5 THIRD LOK YANG ROAD, D22 9617 1066 • 6228 7382 9047 7619 • 6228 7306 11 TUAS SOUTH LINK 1, D22
FOR SALE pohgheok.lim@sg.knightfrank.com gerald.quek@sg.knightfrank.com for sale
SINGAPORE VIEW • 20 NOVEMBER 2016 - FEBRUARY 2017 • 21INVESTMENT
INVESTMENT & CAPITAL MARKETS
INVESTMENT & CAPITAL MARKETS
& CAPITAL
MARKETS
GOOD CLASS
BUNGALOW AT
HOLLAND RISE
EAST SUSSEX LANE, D10
for sale
STARS OF A newly launched project by well-known developer, Stars of Kovan is a
high-class, luxurious mixed-use development comprising 395 residential
units and 46 shops. The development is located along Upper Serangoon The subject property is located within an exclusive enclave of
KOVAN Road opposite Kovan MRT, with enhanced accessibility to other parts of
Singapore via major expressways such as the PIE and CTE.
Good Class Bungalows at Holland Rise. Within walking distance
to Holland Village and Holland Shopping Centre, popular shopping
and entertainment belt Orchard Road is a short drive away. Holland
UPPER SERANGOON ROAD, D19 Inspired by the elegance and sophistication of English nobility, the strata- Village MRT station is also located within close proximity.
titled shops are designed with a distinctive facade possessing unique
for sale British charm, rich heritage and value. All shops are located on street • Tenure : Freehold
level with approximately 100m length of street frontage, commanding • Land Area : 34,631 sq ft
excellent visibility and exposure to motorists and passersby along the • Master Plan 2014 : Good Class Bungalow Area
junction of Upper Serangoon Road and Tampines Road. Each individual – Holland Rise
shop comes with distinctive shop front designs, metal framed glass • Suitable for subdivision to 2 GCBs
panels and a wide glass door. A beautiful standout to visitors, Stars of
Kovan also boasts a street level grand atrium.
James Wong (CEA Reg No: R017407Z) Mary Sai (CEA Reg No: R027878I)
9113 3113 • 6228 7345 9388 7879 • 6228 6886
james.wong@sg.knightfrank.com • Tenure : 99-year Leasehold (wef 25 Feb 2015) mary.sai@sg.knightfrank.com
• Strata Area For Sale : Approx. 215 sq ft to 775 sq ft
Chen Tianyi (CEA Reg No: R053702D) • Expected TOP : Nov 2020
8160 8808 • 6228 6890 • Developer : Kovan Treasure Pte Ltd
tianyi.chen@sg.knightfrank.com (a subsidiary of Cheung Kong Property Holdings)
SINGAPORE VIEW • 22 NOVEMBER 2016 - FEBRUARY 2017 • 23INVESTMENT & CAPITAL MARKETS
INVESTMENT & CAPITAL MARKETS
GSH
PLAZA
20 CECIL ROAD, D01
FREEHOLD FOR SALE
PRIME RAFFLES PLACE
COMMERCIAL RARE OPPORTUNITY
GSH Plaza is strategically located on the nexus of Church,
Market and Cecil Streets, and is accessible via sheltered
BUILDING
The subject property is a 4-storey commercial building with
walkway to Raffles Place MRT station. The 28-storey
attic and 9 carpark lots, nestled amongst numerous 2- and
plaza is a premium grade intelligent office building and is
3-storey shophouses. It is located along Joo Chiat Road,
a landmark development in the heart of Singapore’s core
between its junction of Onan Road and Crane Road.
financial and business district at Raffles Place.
118 JOO CHIAT ROAD, D15
It is within walking distance to the new civic centre – Wisma
FOR SALE Upon completion, major enhancements will be made to its
Geylang Serai (u/c), formerly known as Geylang Serai Malay
facade and internal layout. This is an exclusive opportunity
Village. Joo Chiat is currently undergoing a rejuvenation
for professionals, entrepreneurs and investors to own and
with many modern F&B establishments replacing trades of
leverage from the synergies of the financial institutions,
yesteryears.
Lennon Koh (CEA Reg No: R022673H) Mary Sai (CEA Reg No: R027878I) multinational corporations and a plethora of businesses
9748 7400 • 6228 7327 9388 7879 • 6228 6886 in close proximity.
lennon.koh@sg.knightfrank.com mary.sai@sg.knightfrank.com
• Tenure : Freehold
Karen Wan (CEA Reg No: R040821F) • Land Area : Approx. 4,686 sq ft Chen Tianyi (CEA Reg No: R053702D) • Available Sizes : 474 sq ft – 10,000 sq ft
9772 8042 • 6228 6809 • Gross Floor Area : Approx. 18,571 sq ft 8160 8808 • 6228 6890 • Retail Amenities
karen.wan@sg.knightfrank.com • Master Plan 2014 : “Commercial” GPR 3.0 tianyi.chen@sg.knightfrank.com • Floor to Ceiling Height : 4.1m
SINGAPORE VIEW • 24 NOVEMBER 2016 - FEBRUARY 2017 • 25A N Z BU I LD I N G, 10 FENC HURC H
INVESTMENT & CAPITAL MARKETS
INVESTMENT & CAPITAL MARKETS
38 0 CO LLI N S STREET
STREET LONDON, EC3
FOR SALE
MELBOURNE, AUSTRALIA
for sale The subject property is a highly reversionary freehold
office in the heart of the city, offering both exceptional
The ANZ Building is one of the most iconic buildings in asset management opportunities and outstanding
Australia, located in the heart of the Melbourne's CBD. longer-term redevelopment potential.
It is a cornerstone of banking history as the World HQ
of ANZ Bank and has also won many accolades for • Area : 77,652 sq ft
its gothic architecture and design. It is an asset which • Extended and comprehensively redeveloped
rarely comes to the market and an excellent core plus in 2009
opportunity, given the short term repositioning strategy • Multi-let with a WAULT of 4.5 years to breaks
after ANZ leaves. and 5 years to expiries
• Highly reversionary passing rent of
• 37-storey prime grade office building £3,795,849.50 p.a.
• Rentable Area : Approx. 38,360 sq m NLA • Low overall rent of £49.51 psf in the context
• 100% let to ANZ Bank of city rents, achieving in excess of £70 psf
• Sale and leaseback agreement from ANZ for • Low site massing provides potential for a
a period of 2.5 years scheme of 25 storeys, subject to approval
Ian Loh (CEA Reg No: R027865G) Ian Loh (CEA Reg No: R027865G)
8838 3288 • 6228 6823 8838 3288 • 6228 6823
ian.loh@sg.knightfrank.com ian.loh@sg.knightfrank.com
Karen Wan (CEA Reg No: R040821F) Wendy Tung (CEA Reg No: R051270F)
9772 8042 • 6228 6809 9617 1178 • 6228 6874
karen.wan@sg.knightfrank.com wendy.tung@sg.knightfrank.com
66 GOU LBU RN NORTHPOINT,
STREET SURFERS
SYDNEY, AUSTRALIA
for sale
PARADISE
QUEENSLAND, AUSTRALIA
Situated within the Midtown precinct and located in
FOR SALE
the heart of Sydney's traditional legal and government
district, 66 Goulburn Street has historically proved very Knight Frank has been appointed by the Banyan Tree
popular with occupiers with its coveted 5 star NABERS Group to offer Northpoint, an extraordinary opportunity
rating and 360 degree view corridors. in a very limited market on the oceanfront of the Gold
Coast.
• 30-storey Grade A office building
• Rentable Area : Approx. 22,929 sq m NLA • Site Area : 4,424 sq m
• Secure, long term income with a WALE of • Proposed development of 2 high-rise
approx. 6.1 years towers comprising 434 units (hotel, serviced
• Efficient, column-free floor plates apartments, prestige condominiums), plus
• Capitalise on a number of short, medium and ground floor retail & back-of-house facilities
long term value add opportunities • Potential GFA in excess of 66,000 sq m
• DA Approved
Wendy Tung (CEA Reg No: R051270F) Wendy Tung (CEA Reg No: R051270F)
9617 1178 • 6228 6874 9617 1178 • 6228 6874
wendy.tung@sg.knightfrank.com wendy.tung@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
SINGAPORE VIEW • 26 NOVEMBER 2016 - FEBRUARY 2017 • 27PHNOM PENH, CAMBODIA OUTRAM ROAD, D03
INVESTMENT & CAPITAL MARKETS
INVESTMENT & CAPITAL MARKETS
FOR SALE for sale
BO D A I J U OUTRAM
RESI D EN CES ROAD
FREEHOLD SERVICED RESIDENTIAL 4 ADJOINING 4-STOREY
DEVELOPMENT SHOPHOUSES
The subject property is a freehold serviced residential The subject properties are 4 adjoining 4-storey
development strategically located opposite Phnom shophouses comprising ground floor shops and 12
Penh International Airport and next to Lion City Mall, apartments on the 2nd to 4th level. They are located
which will include a large shopping mall to be operated in a popular F&B locale and close to Outram MRT
and anchored by Parkson. station.
• Potential engagement of established
• Tenure : Freehold
serviced residence operator
• Land Area: 6,125 sq ft
• Tenure : Freehold
• Gross Floor Area: Approx. 16,061 sq ft
• Land Area: Approx. 25,381 sq ft
• Master Plan 2014: Residential with
• Gross Floor Area : Approx. 118,403 sq ft
Commercial at 1st storey
• Due for Completion : 2019
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
Lennon Koh (CEA Reg No: R022673H) James Wong (CEA Reg No: R017407Z)
9748 7400 • 6228 7327 9113 3113 • 6228 7345
lennon.koh@sg.knightfrank.com james.wong@sg.knightfrank.com
H EXA CU BE NEIL
FREEHOLD COMMERCIAL ROAD
DEVELOPMENT
2-STOREY INTERMEDIATE
Hexacube is a commercial development comprising SHOPHOUSE WITH ATTIC
3 floors of retail and F&B outlets, and another 3
floors of office units. The subject property is located The subject property is a 2-storey intermediate
along Changi Road, near the upcoming Paya Lebar shophouse unit with attic, located along Neil Road.
Commercial Hub. Eunos MRT station is within minutes’
walk away from the development.
• Tenure : 99 years (wef 1989)
• Tenure: Freehold • Land Area : 1,401 sq ft
• Strata Area For Sale (shops) : • Gross Floor Area: Approx. 2,530 sq ft
Approx. 409 sq ft to 904 sq ft • Master Plan 2014 : “Commercial” within
• Strata Area For Sale (offices) : Tanjong Pagar Conservation Area
Approx. 807 sq ft to 1,604 sq ft
Mary Sai (CEA Reg No: R027878I) James Wong (CEA Reg No: R017407Z)
9388 7879 • 6228 6886 9113 3113 • 6228 7345
mary.sai@sg.knightfrank.com james.wong@sg.knightfrank.com
Chen Tianyi (CEA Reg No: R053702D) Lennon Koh (CEA Reg No: R022673H)
CHANGI ROAD, D14 8160 8808 • 6228 6890 9748 7400 • 6228 7327 NEIL ROAD, D02
FOR SALE tianyi.chen@sg.knightfrank.com lennon.koh@sg.knightfrank.com FOR SALE
SINGAPORE VIEW • 28 NOVEMBER 2016 - FEBRUARY 2017 • 29OFFICE
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 NOVEMBER 2016 - FEBRUARY 2017 • 31PROPERTY ASSET S T R ATA M A N A G E M E N T
PROPERTY ASSET MANAGEMENT
PROPERTY ASSET MANAGEMENT
MANAGEMENT
FOR MORE INFORMATION ON For owners of strata titled developments, our Strata Management
ASSET AND STRATA MANAGEMENT, team provides common area management services, managing
PLEASE CONTACT: estates between the range of 50 to 1,000 units. For property
developers, we provide advice on the implications of development
6848 5678 plans on maintenance charges and handover services. Owners of
enquiries@kfpam.com.sg strata units who reside overseas, or are trustees, corporations and
ASSET high-net-worth individuals, engage us for landlord-tenant services,
including leasing, re-sale, rent collection and general management.
MANAGEMENT
Our Asset Management team manages more than 5 million square feet of
space spanning 31 properties, encompassing retail malls, offices, industrial
buildings and residential complexes. We provide a full suite of services
which include leasing and tenant management, facilities management,
SK Y @ EL EV EN AL BA
marketing communications, finance and human resource management across DISTRICT 11 DISTRICT 09
commercial, retail and residential assets. We also offer specialised retail 273 UNITS 50 UNITS
services, including mall repositioning and consultancy, trade and tenant mix
and asset enhancement initiatives.
INTERLOCAL CENTRE SLA PROPERTIES
5 DALVEY ESTATE
D RAY C O T T 8 H EL I O S
DISTRICT 10 DISTRICT 09
136 UNITS 140 UNITS
BEDOK TOWN SQUARE HILLION MALL
SINGAPORE VIEW • 32 NOVEMBER 2016 - FEBRUARY 2017 • 33RESIDENTIAL
LOCAL
LOCAL
LOCAL PROJECTS
QUEENS
PEAK
DUNDEE ROAD, D03
THE A PIECE OF HISTORY
– THE NASSIM
for sale
NASSIM Nestled within a lush, tropical enclave in a Good Class
Bungalow area, The Nassim comprises 55 highly exclusive
Guide price : units. Inspired by black-and-white houses of the colonial
price on application area, The Nassim perfectly blends contemporary comforts
NASSIM HILL, D10
with the gracious living of yesteryear.
for sale
Located at the beginning of Tanglin Road and Orchard
WHERE CONVENIENCE MEETS price on application Road, Nassim Hill is just a turn away from the famous
LUXURY shopping belt of Singapore.
Perfectly positioned in a highly sought after area due to its
proximity to the city and CBD, Queens Peak is one of the
long awaited residential developments among homebuyers • Tenure : Freehold
and property investors. The development is blessed with • 3 to 5 Bedroom Apartments & Penthouses
Gwen Lim (CEA Reg No: R027862B) • 1,927sq ft – 9,300 sq ft
excellent connectivity, has plenty of educational institutions
9199 2377 • Total Units : 55
in the area and enjoys the distinct character and tranquility
of Queenstown. For the health conscious and nature lovers, gwen.lim@sg.knightfrank.com • Developed by : CapitaLand Ltd
there is also a lot to look forward to. Hortpark, Singapore
Botanic Gardens, Delta Sports Complex, Queenstown
Stadium and many more are located at a distance of less
than 2 km.
• Tenure : 99-year Leasehold
• 1 to 5 Bedroom Apartments & Penthouses
Eric Liew (CEA Reg No: R021280Z) • 425 sq ft - 4,778 sq ft
9824 9966 • Total units : 736
eric.liew@sg.knightfrank.com • Developed by : HY Realty (Dundee) Pte Ltd
SINGAPORE VIEW • 34 NOVEMBER 2016 - FEBRUARY 2017 • 35LOCAL
LOCAL
BOTANIQUE 60 PAYA LEBAR ROAD, D19
for sale
AT BARTLEY GUIDE PRICE :
AVERAGE sgd 1,350 PSF
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. With
for sale international schools, including Anglo Chinese Junior School the Bartley MRT station just 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
Average Sgd 2,600 psf
Centrally located, Cairnhill Nine enjoys great connectivity to
the other parts of Singapore via Somerset and Orchard MRT
stations and the Central Expressway (CTE).
• Tenure : 99-year Leasehold
• 1, 2 & 4 Bedroom Apartments & Penthouse
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 NOVEMBER 2016 - FEBRUARY 2017 • 37LOCAL
LOCAL
MARINA ONE
RESIDENCES
21 MARINA WAY, D01
for sale
THE
GUIDE PRICE : MODERN FACADES AND
AVERAGE sgd 2,300 psf 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 green parks. • Total Units : 1,042 Guide price : needs. Reaching the Central Business District and rest of the
• Developed by : M+S Pte Ltd Average Sgd 1,200 psf Island is easy with the excellent transportation network and
Marina One Residences is seamlessly connected to four MRT lines the future Mayflower MRT station within walking distance.
(North-South, Circle, Downtown and the upcoming Thomson line) via
underground pedestrian walkways and is easily accessible from major Eric Liew (CEA Reg No: R021280Z)
9824 9966 • Tenure : 99-year Leasehold
expressways. With island-wide connectivity, Marina One Residences is
• 1 to 5 Bedroom Apartments & Penthouses
conveniently 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 NOVEMBER 2016 - FEBRUARY 2017 • 3921 ANGULLIA PARK, D09 for sale 610 TELOK BLANGAH ROAD, D04 for sale
LOCAL
LOCAL
Price on application guide price : AVERAGE sgd 2,000 psf
TWEN TYO N E SKY LINE
A N GU LLI A PA RK RESIDENC ES
REDEFINING LUXURY LIVING RAISE YOUR SIGHT
Framed by glorious green boulevards and gardens, Poised atop a lush landscape deck, Skyline Residences
TwentyOne Angullia Park is strategically located at the offers picture perfect views of the sea and an equally
prime intersection of Orchard Road and Scotts Road. stellar view of Keppel Golf Link and Labrador Park.
Just a stone’s throw away from an array of shopping
centres, cosmopolitan dining and entertainment, Skyline Residences is located right in the heart of the
this prime location gives you unlimited access to an action with VivoCity and HarbourFront Centre just a
exclusive and premier lifestyle. stone’s throw away and choice schools in the vicinity.
The CBD is also easily accessible via the AYE, major
• Tenure : Freehold roads and Telok Blangah MRT station, just a five-minute
• 2 to 4 Bedroom Apartments & Penthouses walk away. Nature lovers will embrace nearby greenery
• Total Units : 54 at Mount Faber, Henderson Waves and Hort Park.
• 1,163 sq ft – 7,718 sq ft
• Developed by : • Tenure : Freehold
Angullia Development Pte Ltd • 1 to 4 Bedroom Apartments & Penthouses
• 484 sq ft - 3,681 sq ft
• Total units : 283
• Developed by :
Bukit Sembawang View Pte Ltd
Lawrence Ng (CEA Reg No: R053438F) Eric Liew (CEA Reg No: R021280Z)
8128 6589 9824 9966
lawrence.ng@sg.knightfrank.com eric.liew@sg.knightfrank.com
REI G N WOOD SKY VUE
H A MI LTO N A HOME FOR ALL THAT
SCO TTS YOU DESIRE
IMAGINE A HOME THAT Sky Vue is a connection, a statement and a home. It
means connecting to the city and all the things that
CELEBRATES YOUR MOST
matter, a home that embraces different lifestyles and
FERVENT PASSIONS one that lets you be who you want to be.
Awarded the best residential high rise development The development is a 10-minute drive to Orchard
by the International Property Awards, Reignwood Road while the nearby Bishan Park provides an
Hamilton Scotts is an iconic apartment with en-suite escape from the hustle and bustle of the city. A variety
elevated sky garages that welcome your arrival with of dining, shopping and entertainment options beckon
your very own car porch in the sky and a spectacular in the surrounding community, while sports and nature
view of the lush greens at the conserved Goodwood lovers will enjoy weekends at the park.
Hills. The distinctive residence invites you to lounge
in the subtleties of sublime luxury, with the glitz and • Tenure : 99-year Leasehold
glamour of Orchard Road along with the pulse of the • 1 to 3 Bedroom Apartments & Penthouses
city right at your doorstep. • 484 sq ft - 1,905 sq ft
• Total units : 694
• Tenure : Freehold • Developed by : Allamanda Residential
• 3 Bedroom Apartments & Penthouses Development Pte Ltd
• 2,756 sq ft – 6,975 sq ft
• Total Units : 56
• Developed by : Sardinia Properties Pte Ltd
Lawrence Ng (CEA Reg No: R053438F) Lawrence Ng (CEA Reg No: R053438F)
37 SCOTTS ROAD, D09 for sale 8128 6589 8128 6589 BISHAN STREET 15, D20 for sale
Price on Application lawrence.ng@sg.knightfrank.com lawrence.ng@sg.knightfrank.com Guide price : Average Sgd 1,550 psf
SINGAPORE VIEW • 40 NOVEMBER 2016 - FEBRUARY 2017 • 41YISHUN STREET 51, D27 for sale TAI THONG CRESCENT, D13 for sale
LOCAL
LOCAL
Price on application guide price : 2-BR suite from Sgd 1,197 psf
TH E CRI TERI ON T H E V ENU E
NOT JUST A STANDARD HOME
RESI D ENC ES AND
BUT THE STANDARD FOR A SH OP P ES
HOME YOUR HAVEN FOR CITY FRINGE LIVING
From the tasteful architecture, extensive landscaping Strategically situated at the junction of Upper
and comprehensive facilities to the refined interiors Serangoon Road and Macpherson Road, The Venue
and premium fittings, you will find that The Criterion Residences and Shoppes presents the refreshing
has indeed raised the bar in every aspect. An extensive experience of city fringe living.
network of public transportation and new roads link
everything together to make commuting a breeze. The Central Business District and other parts
of Singapore can be easily reached via major
expressways such as the PIE, CTE and KPE. The area
• Tenure : 99-year Leasehold is also well-served by a network of public transport,
• 2 to 5 Bedroom Apartments & Penthouses with Potong Pasir MRT station a 3-minute walk away
• Total Units : 505 and Serangoon MRT and Bus Interchange only two
• 700 sq ft - 1,636 sq ft stations away.
• Flexible Room concepts
• Provision of unique facilities : 6 Haus of • Tenure : 99-year Leasehold (T.O.P in 2017)
fun activities including Spa Haus, electric • 2 to 4 Bedroom Suites, 3-Bedroom Dual
bicycles and campfire-type BBQ pits Key Suites & Penthouse Suites
• First EC equipped with Panasonic Air • Total Units : 266 Residential & 28 Retail
Conditioner with Nanoe-G air purifying • Developed by : City Developments Limited
function
Eric Liew (CEA Reg No: R021280Z) Eric Liew (CEA Reg No: R021280Z)
9824 9966 9824 9966 Artist's Impression
eric.liew@sg.knightfrank.com eric.liew@sg.knightfrank.com
A M BER SK YE THE
A NEW WAVE IN LUXURY
BROWNSTONE
LIVING BECKONS
INSPIRED BY THE RUSTIC
The magnificent allure of oceania living is encapsulated CHARM OF NEW YORK
in one private residential beacon in the east - Amber HOUSES
Skye. The 22-storey freehold condominium is located
in Singapore’s prime district, Amber Road, and is The Brownstone, a luxury executive condominium
surrounded by prestigious local and international located along Canberra drive, features a brown
schools with easy access to major expressways and textured façade with unique jetty balconies that
the upcoming Amber MRT station. Luxury living awaits take inspiration from New York brownstone row
you at Amber Skye. houses. Within a 3-minute walk to the upcoming
Canberra MRT station and well-connected to major
• Tenure : Freehold expressways such as the SLE, CTE, TPE and future
• 1 to 3 Bedroom Apartments, Grandeur, North-South Expressway (NSE), the development
Grand Villas & Penthouses enjoys great accessibility to all parts of the Island.
• 527 sq ft - 5,177 sq ft
• Total Units : 109
• Developed by : CS Amber Development
Pte Ltd (JV between China Sonangol Land • Tenure : 99-year Leasehold
and OKP Land Pte Ltd) • 2 to 4-Bedroom Apartments &
Pool-facing Units
• Total Units : 638
• Developed by : City Developments Limited
Artist's Impression
Lawrence Ng (CEA Reg No: R053438F) Eric Liew (CEA Reg No: R021280Z)
8 AMBER ROAD, D15 for sale 8128 6589 9824 9966 CANBERRA DRIVE, D27 for sale
Guide price : Average Sgd 1,850 psf lawrence.ng@sg.knightfrank.com eric.liew@sg.knightfrank.com Guide price : 3-br unit from SGD 758 psf
SINGAPORE VIEW • 42 NOVEMBER 2016 - FEBRUARY 2017 • 43You can also read
