Valley Park Site & Floor Plan
19 Thursday May 2011
Posted Valley Park Floor Plan
in19 Thursday May 2011
Posted Valley Park Floor Plan
in19 Thursday May 2011
Posted The Wharf Residences
inThe Wharf Residences
7 – 11, 15 Tong Watt Road
Type of Development: Condominium
Tenure: 999 years Leasehold
No. of units: 186
Developer: Capitaland Residential Limited
Year of Completion: 2013
Configuration |
Size |
Unit Breakdown |
2 bedrooms |
1,012 to 1,130sqft |
110 Units |
3 bedrooms |
1,313 to 1,733sqft |
54 Units |
4 bedrooms |
2,196sqft |
4 Units |
Penthouse |
2,745 to 5,565sqft |
5 Units |
Houses |
4,478 to 4,930sqft |
13 Units |
The Wharf Residences Site & Floor Plan < click here
The Wharf Residence is a 999-years leasehold development located at 7 – 11 and 15 Tong Watt Road, Singapore 238002, in District 09, minutes away from Somerset MRT Station. It comprises 186 units and the expected completion date is in 2013. The Wharf Residence is close to Fort Canning Park and the nightlife district of Clarke Quay.
Condo Facilities at The Wharf Residence
Facilities at The Wharf Residence include a lap pool, spa pool, BBQ pits, gym, sky terrace, and multi-purpose hall.
Condo Amenities near The Wharf Residence
A few feeder bus services are available near The Wharf Residence. Schools are mostly a short drive away, such as the Singapore Management University and Chatsworth International School.
The Wharf Residence is also within walking distance to the stretch of restaurants located at Mohamed Sultan Road and River Valley Road. Residents can head down to UE Square and Robertson Walk for amenities such as supermarkets, restaurants, eating establishments, and other shops.
For vehicle owners, driving from The Wharf ResidenceB to either the business hub or the bustling Orchard Road shopping district takes less than 10 minutes, via River Valley Road and Paterson Road respectively.
Condo Facilities
* Lap Pool * Children Pool * Spa Pool * Spa Deck * Sun Decks * BBQ Pits * Gymnasium
* Multi Purpose Room * Landscape Terrace * Sky Terrace * Basement Carpark
* 24hrs Security
Important Amenities within 2 km Distance
Trains (MRT /LRT)
Dhoby Ghaut Interchange MRT Station (NS24) 0.98 km
Food Centre
MARU KOREAN BBQ
27 Mohamed Sultan Road Singapore 238971
Distance: 0.15 km
CAPPADOCIA CAFE RESTAURANT (ROBERTSON WALK)
11 Unity Street Singapore 237995
Distance: 0.23 km
SAGE THE RESTAURANT
7 Mohamed Sultan Road Singapore 238957
Distance: 0.23 km
Shopping Centre
ROBERTSON WALK
11 Unity Street Singapore 237995
Distance: 0.23 km
KOKOH 21 MARKET AND FOOD CENTRE (1 JALAN KUKOH)
1 Jalan Kukoh Singapore 161001
Distance: 0.56 km
LIANG COURT SHOPPING CENTRE
177 River Valley Road Singapore 179030
Distance: 0.59 km
Schools
RIVER VALLEY PRIMARY SCHOOL 0.39 km
RAFFLES ACADEMY 0.51 km
LASERWORDS LEARNING PTE LTD (CENTRAL MALL)
1 Magazine Road Singapore 059567
Distance: 0.63 km
19 Thursday May 2011
Posted Wharf Residence Floor Plan
in19 Thursday May 2011
Posted News Update
inSINGAPORE: The Tanjong Pagar Railway Station will be relocated to the Woodlands Train Checkpoint with effect from July 1.
The Immigration and Checkpoints Authority said the Tanjong Pagar Railway Station and the Bukit Timah Railway Station will cease all operations on that date.
And all arrival and departure trains will terminate and start at the Woodlands Train Checkpoint.
Source: Channel News Asia 18th May 2011
19 Thursday May 2011
Posted News Update
inSINGAPORE: The Singapore Land Authority (SLA) said two new services have been added to OneMap, an integrated map platform for the public to access government agencies’ location-based services and information.
PropertyPrices shows the transacted prices of both private housing and Housing and Development Board (HDB) resale flats over the past year on a map.
Users can also view information such as size of the unit, tenure type (freehold or leasehold) and transaction date.
It combines property transaction data provided by the URA and HDB on a common map platform.
Space2Lease allows businesses to check for government properties available for rent by the SLA and HDB.
SLA said OneMap is now also available on the iPhone.
Several iPhone apps have already been published using this platform, including NParks’ Parks Live, URA’s Masterplan 2008 and Property Market Information, as well as Nanyang Polytechnic’s Pocket OneMap.
The Pocket OneMap makes it easy for users to access OneMap information and services while on the go.
SLA said OneMap has been well received since its launch a year ago.
And the public has also given useful suggestions to improve OneMap.
One suggestion taken on board was the Public Transport Routing service.
It provides travel directions and journey planning on public buses and the MRT, enabling users to choose the route best suited to their needs and calculates the trip fare, estimated travel time and travel distance to their destinations.
Source: Channel News Asia 18th May 2011
19 Thursday May 2011
Posted News Update
inSINGAPORE : Elizabeth Tower, located in the heart of Orchard Road’s shopping belt, is up for en bloc sale at an asking price of S$630 million.
Marketing agent Credo Real Estate said the freehold development would be a perfect fit for a luxury homes branded developer.
The development has a land area of above 54,000 square feet, with 80 units ranging from just under 2,000 square feet to above 3,100 square feet.
As such, Credo said unit owners stand to receive minimum gross prices of between S$6.3 million and S$9.7 million, while the penthouse owners could walk away with at least $14.2 million.
Elizabeth Tower has been designated with a gross plot ratio of 2.8 under the Master Plan, but Credo said the Urban Redevelopment Authority (URA) has confirmed that the development baseline plot ratio is actually 4.84.
Gross floor area is around 278,000 square feet, including the additional 10 per cent gross floor area of balcony.
As such, Credo said the new development may be configured into 132 apartments with an average size of 2,000 square feet.
It added that Elizabeth Tower is part of the ultra-prime residential sites off Orchard Road where there are only two dozen sites.
In 2006 and 2007, there were 14 of such sites that were sold to developers, but since then, no sites had been put up for sale.
Observers said Singapore, with its booming economy and as the financial capital of the region, should see growth in luxury home prices.
Credo expects the break-even price to be at about S$3,000 to S$3,100 per square foot based on the asking price of S$630 million.
Some units at the nearby freehold The Ritz-Carlton Residences had fetched $3,762 per square foot, and $4,307 per square foot, in February.
The tender will close in the afternoon on June 22.
Source: Channel News Asia 19th May 2011
19 Thursday May 2011
Posted News Update
inSINGAPORE : The Asia Pacific real estate market has continued to see positive sentiment and increased activity in the first quarter of this year, according to Jones Lang LaSalle’s Asia Pacific Property Digest.
It added that rents have increased across most markets.
Jones Lang said positive business sentiment and continued corporate hiring underpinned the Asia Pacific office leasing market, as occupancy levels improved on higher corporate space requirements in most markets.
The market observer added that 1.5 million square metres of new Grade A office space was completed in the Tier 1 markets of Asia Pacific, with over 80 per cent of the total being delivered to cities in China and India.
Among the major financial centres, Hong Kong and Singapore both recorded strong net take-up, largely due to relocation and expansion of financial and professional service firms.
But a notable exception was Japan where the March earthquake has resulted in a slowdown in expansion activity in Tokyo and a reassessment of accommodation strategy by some corporates.
Looking forward, rents are expected to grow more strongly this year in markets such as India, although rental growth in Singapore, Shanghai and Hong Kong may moderate slightly from the hectic pace seen in 2010.
The highest growth, of up to 30 per cent, is expected in Hong Kong.
Source: Channel News Asia 18th May 2011
19 Thursday May 2011
Posted News Update
inSINGAPORE: A rare development site at 70 Shenton Way has been put up for sale by tender.
The commercial property, which belongs to Roxy-Pacific Holdings, is located in the Central Business District and is about three minutes’ walk from Tanjong Pagar MRT Station.
The property comprises a four-storey podium and a 17-storey office tower with an existing gross floor area of 19,557 square metres or 210,729 square feet.
It sits on a land area of 1,833.5 square metres or 19,737 square feet.
According to the Master Plan 2008, the site is zoned for commercial use with a plot ratio of more than 8.4 and a building height of up to 35 storeys.
Its sole marketing agent DTZ said provisional permission has been attained from the Urban Redevelopment Authority for the building of a 32-storey “commercial and residential” development at a plot ratio of 10.677.
It has also been granted an in-principle approval by the Singapore Land Authority for a lease top-up to 99 years.
DTZ added that amenities like banks and food & beverage outlets are readily available in the area.
Other significant properties in the area include commercial projects Twenty Anson, Mapletree Anson and Springleaf Tower, as well as new residential towers Lumiere and the upcoming 76 Shenton.
Shaun Poh, DTZ’s senior director for investment advisory services and auction said “the subject site is a rare ‘island’ plot along Shenton Way. At its strategic location, it enjoys sweeping sea views from the East Coast shoreline across to Sentosa.”
“The property should appeal to developers who are seeking good quality development sites in sought-after locations, and end users or investors looking for stand-alone commercial building with naming rights options as their corporate headquarters or a good asset with enhancement potential,” he added.
The tender for the property closes on June 23 at 3pm.
Source: Channel News Asia 19th May 2011
19 Thursday May 2011
Posted News Update
inSINGAPORE: Laguna Park residents will be pocketing about S$2.2 million each from the successful sale of the property, which will be put up for tender on May 24.
With a plot ratio of 2.8, Laguna Park’s price works out to S$975 per square foot per plot ratio.
The 528 unit, 677,493 square feet property is attempting a second collective sale attempt with Knight Frank as its sole marketing agent.
Knight Frank said the 33-year-old Laguna Park possesses many quality traits – it is the only available landsite along Marine Parade with a seafront view and it sits on a rectangular-shaped plot.
But the winning buyer would be tasked with (building a) potential 1,580 units for the redeveloped site, said Tan Tiong Cheng, chairman of the Knight Frank marketing team handling Laguna Park’s sale.
He maintains that with a rectangle-shaped plot, a consortium of developers could split the land up and sell the units in phases.
The firm is currently marketing the project to large property developers as well as a number of foreign ones.
Knight Frank has also highlighted Pine Grove as one of the key competitors to Laguna Park.
On top of Pine Grove, the marketing agent pointed out the large supply of government land and other key en-bloc projects as competition.
The overall sentiment among residents of Laguna Park is one of confidence.
“Residents are more positive about the sale this time around, because property market is more robust and developers are building up their land bank now. The previous time it was put on sale was about 2009, when the property market sunk due to the Lehman Brothers crisis,” said a resident who declined to be named.
Source: Channel News Asia 18th May 2011
19 Thursday May 2011
Posted News Update
inAFTER chalking up a 29 per cent month-on-month increase in private home sales in April, developers continue to release new projects this month.
Terrasse: MCL is previewing the 414-unit condo at Hougang Avenue 2/Yio Chu Kang Road later this week at an average price expected to be around $950 psf |
At least two new residential projects will be rolled out this week – Belysa, an executive condo project in Pasir Ris, and Terrasse, a private condo development in Hougang. Both projects have 99-year leasehold tenure.
While units in recent EC projects start from two-bedroom apartments, NTUC Choice Homes and Chip Eng Seng Corporation unit CEL Development are developing only three and four bedroom units at Belysa, their 315-unit EC project at Pasir Ris Drive 1/Elias Road – to promote three- generation family living.
The average price will be $670 per square foot for buyers who opt for the normal progressive payment scheme. Developers of EC projects are allowed to offer the deferred payment scheme and buyers who choose this payment route for Belysa will pay an additional 2 per cent on the price.
ECs are a hybrid of public and private housing with initial buyer eligibility and resale restrictions, which are completely lifted 10 years after the completion of an EC project. There is a $10,000 monthly household income cap for those buying ECs from a developer. Developers must set aside at least 95 per cent of units in the first month of launch for first-time home buyers. Qualifying first- time home buyers will enjoy a $30,000 CPF Housing Grant.
At Belysa, which means illumination in Swedish, a three-bedroom compact unit starts from 829 sq ft and is priced from $574,000. A four-bedroom apartment of 1,335 sq ft is priced from $882,000. The most expensive unit in the development, a four-bedroom (suite) unit, costs $952,000.
The project comprises a 16-storey block and two 18-storey blocks. A seasoned property consultant described the project’s $670 psf average price as within his expectation, given that the project does not include small units, which can be sold for a higher psf price.
Over at Hougang Avenue 2/Yio Chu Kang Road, MCL is previewing Terrasse condo later this week at an average price expected to be around $950 psf. The five-storey project will comprise 414 units – including one to four-bedroom apartments, five-bedroom penthouses and 15 garden duplex units (spread over the ground and basement levels).
For businesses looking for their own premises as well as property investors thinking of venturing into strata industrial properties, Soilbuild Group will be soft launching North Spring BizHub at Yishun Industrial Street 1 on Monday. The seven-storey light and general industrial development will offer direct vehicular access to every level for containers up to 40 feet in length.
The 60-year leasehold project will comprise 454 units ranging from 1,507 sq ft to 36,511 sq ft. Prices for the units begin from $478,000 or about $311 psf. Colliers International, which is marketing the project, said the units are suited for businesses from clean, light and general industries such as R&D, printing and publishing, engineering, warehousing and manufacturing.
Source: The Business Times 19th May 2011