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If you are looking to buy a brand new condo project that has recently attained TOP status with available units left direct from developer, we have collated the below projects for your perusal.
Located in prime district 9, Sophia Hills is just a short walk to Dhoby Ghaut MRT Interchange.
Located in prime District 9, Sophia Hill is an exciting 99 year leasehold development with 493 units on top of Mount Sophia along Sophia Adis Road. This rare development will have 3 conserved building to be restored and used as residential clubhouse, kindergarten cum childcare centre and restaurant. Sophia Hills is expected to TOP this year in 2018.
DUO Residences is an integrated development with office, hotel, retail, entertainment & residential uses
The DUO Residences comprise an integrated developments with office, hotel, retail, entertainment and residential uses, all set within an attractive garden-like environment right in the heart of the city in Bugis. Its developer, M+S Pte Ltd is jointly owned by Malaysia's Khazanah Nasional and Temasek Holdings. Enclosed in a park-like environment, DUO features 660 units of prime residences over a 49-storey tower and a 39-storey commercial tower comprising 21 storeys of Grade A offices, a five-star hotel and close to 80,000 square feet of retail space.
Marina One Residences is an integrated condo offering serenity in the bustling city where you’ll truly feel at home
Marina One Residences is an integrated development nestled in greenery whilst connected to 21st century infrastructure. Replete with stunning views, the award-winning Marina One Residences is the design of Christoph Ingenhoven, a leader in sustainable architecture. The lush central garden makes Marina One a luxurious oasis, offering serenity right in the bustling city. Marina One Residences is shaped around you, where you’ll truly feel at home.
V on Shenton - an integrated development along 5 Shenton Way developed by reputable UIC Limited
UIC Limited's flagship development, previously the UIC Building located at 5 Shenton Way into a spanking new V on Shenton - an integrated development comprising a 54-storey residential tower and a 23-storey office building. Strategically located at the confluence of Shenton Way and Marina Bay Financial District, V on Shenton, comprises of 510 units ranging from studio, 1 to 3-bedroom apartments and penthouses.
THE TRILINQ is developed by IOI Corporation - located at Jalan Lempeng near Clementi MRT
The Trilinq condo consist of two 36-storey towers with 755 units and a 33-storey tower of clubhouse facilities. There are also two basement carparks for residents and their guests. Designed to provide all the conveniences and luxuries of modern living, The Trilinq has numerous onsite amenities and facilities to give residents their own slice of paradise.
Coco Palms is just a 5-minute walk to Pasir Ris MRT combine with living in a luxury resort
Coco Palms is the final development in Pasir Ris Grove and closest to Pasir Ris MRT. A stunning residential development by City Developments Limited, Coco Palms takes its architectural inspiration from some of the world’s best and most exclusive resorts such as the Maldives, the Caribbean and Fiji. It combines home comforts seamlessly with the laid-back charms of a luxury beach resort. Designed with sustainability in mind, Coco Palms has achieved the BCA Green Mark Gold PLUS Award.
Sims Urban Oasis along Sims Drive is about 3 mins walk from Aljunied MRT station and within the Paya Lebar Sub-Regional Centre, an up and coming commercial hub
Sims Urban Oasis is a new launch development located at Sims Drive. Developed by reputable developer Guocoland Limited, Sims Urban Oasis occupies a massive land size of 23,900 square metres, with 1,024 luxurious residential units, commerical shops, and a childcare center.
Sims Urban Oasis Development boasts of full Condominium Facilies, with two full size 50m Swimming Pools, 25m SkyPool, Tennis Court, Pavilions and Lush Landscaping. The development also incorporates 6 commercial shops, bringing convenience to the residents. A childcare center is also within the premises, providing much-needed childcare services to the vicinity.
Sims Urban Oasis Singapore is conveniently located near Aljunied MRT (3-5 min walk). Sims Urban Oasis residents also have access to nearby amenities and 24-hour eateries in Geylang, Katong and Marine Parade areas.
Sims Urban Oasis Development boasts of full Condominium Facilies, with two full size 50m Swimming Pools, 25m SkyPool, Tennis Court, Pavilions and Lush Landscaping. The development also incorporates 6 commercial shops, bringing convenience to the residents. A childcare center is also within the premises, providing much-needed childcare services to the vicinity.
Sims Urban Oasis Singapore is conveniently located near Aljunied MRT (3-5 min walk). Sims Urban Oasis residents also have access to nearby amenities and 24-hour eateries in Geylang, Katong and Marine Parade areas.
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This evening - Monday (May 28 2018) , Malaysia's Prime Minister Mahathir Mohamad confirmed in a press conference that Malaysia will drop the Kuala Lumpur-Singapore high-speed rail project (HSR), saying the project will not benefit his country.
"It is a final decision, but it will take time because we have an agreement with Singapore," Dr Mahathir said "It's not beneficial. It's going to cost us a huge sum of money. We'll make no money at all from this arrangement," he added. "(The HSR) is only a short track. It is only going to save people one hour by taking the HSR."
"It is a final decision, but it will take time because we have an agreement with Singapore," Dr Mahathir said "It's not beneficial. It's going to cost us a huge sum of money. We'll make no money at all from this arrangement," he added. "(The HSR) is only a short track. It is only going to save people one hour by taking the HSR."
The KL-S'pore high-speed rail was expected to improve business linkages between Singapore and Malaysia
The much-heralded KL-Singapore high-speed rail (HSR) project, which was expected to be operational in 2026, planned to include seven stations in Malaysia – Bandar Malaysia, Bangi-Putrajaya, Seremban, Melaka, Muar, Batu Pahat and Iskandar Puteri – with the last stop being in Jurong East, Singapore.
HSR Rail Route
Proposed HSR Station in Jurong
Some analysts believe the HSR Terminus would have been the Cherry on The Cake for Jurong District and that the loss of the terminus may cause the Jurong Lake District to lose its shine but some may also argue that Singapore and Malaysia are already well connected by land and air and is not reliant on the HSR rail to boost our nation's economy.
So the current question in everyone's mind now is: "will this decision of scrapping the high-speed rail adversely affect Jurong's condo property values?"
So the current question in everyone's mind now is: "will this decision of scrapping the high-speed rail adversely affect Jurong's condo property values?"
Analysts has always argued that the future of Jurong is not just about the High Spped Rail. There are many things going on for Jurong potential investors and home owners. Let's analyse some main developments in Jurong that strongly appeals to investors and buyers who are planning to embark on their Journey to the West:
Jurong Innovation District (JID)
A new Jurong Innovation District (JID), envisioned as the industrial park of the future, will be built as part of the Government's push to encourage more innovation.The first phase of the district, which will be in Jurong West, is expected to be completed by around 2022.
THE Jurong Innovation District is being developed to become Singapore's second central business district
Jurong Lake District (JLD)
The Jurong Lake District (JLD) will bring together researchers, students, innovators and businesses to develop products and services of the future. It will also create an environment to house different activities within a single next-generation industrial district - becoming the future of innovation for enterprise, learning and living. The government is determined to transform Jurong into the industrial park of the future redefining how we live, work, play, learn and create as a nation.
The Jurong Lake District project - set to be completed after 2040 is expected to create more than 100,000 new jobs in the 360-hectare Jurong Lake District - announced in 2008 as part of URA's efforts to provide more job and recreational options in the heartlands.
The district has been divided into two precincts - Jurong Gateway, the commercial hub where redevelopment has already begun, and Lakeside.
The district has been divided into two precincts - Jurong Gateway, the commercial hub where redevelopment has already begun, and Lakeside.
The 360-hectare Jurong Lake District - set to be completed after 2040 is expected to create new jobs
Future Tuas Mega Port
The new jobs will be created in sectors such as the maritime industry, with the future Tuas mega port; infrastructure development, due to the neighbouring Jurong Industrial Estate; and in the technology sector with the Nanyang Technological University and the planned Jurong Innovation District nearby.
The Tuas mega port, slated to open in phases from 2021, may be more than a hive of container traffic. Cafes, retail stores and even a jogging track overlooking the hustle and bustle of trade are being considered in a bid to optimise land use and add vibrancy.
The Tuas mega port, slated to open in phases from 2021, may be more than a hive of container traffic. Cafes, retail stores and even a jogging track overlooking the hustle and bustle of trade are being considered in a bid to optimise land use and add vibrancy.
The Tuas mega port, slated to open in phases from 2021, may be more than a hive of container traffic.
Jurong Regional Line
The 24-kilometre long Jurong Region Line (JRL) will add 24 stations to the existing rail network, including three interchange stations at Boon Lay, Choa Chu Kang and Jurong East MRT stations, which will link to the North-South Line and East-West Line. From 2026 onwards, commuters can start enjoying the JRL in three stages.
Jurong Region Line (JRL) will add 24 stations to the existing rail network
Jurong is close to many manufacturing industries and businesses and two of Singapore's main universities Nanyang Technological University and National University Singapore. The JRL will connect the Nanyang Technological University (NTU) and the gateway to Jurong Island to the existing Choa Chu Kang and Boon Lay stations in a Y-shape operating pattern. Separately, the line will serve the Pandan Reservoir and Tengah area, passing through Jurong East station.
With reference from Channel News Asia's 28 May 2018 online article: "Mahathir confirms Malaysia will scrap KL-Singapore HSR project"
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Phoenix Heights has a $36 million asking price translating to about $668 psf per plot ratio (ppr)
48-year old, 32-unit Phoenix Heights condominium in Bukit Panjang is expected to be launched for collective sale on June 7 and the tender will close on July 10. The 99-year leasehold condo sitting on a 42,764 sq ft piece of land.
Located at 71-85 (Odd Nos.) Phoenix Avenue in District 23, Phoenix Heights has a $36 million asking price translating to about $668 psf per plot ratio (ppr), including the 10% bonus balcony space and premiums payable to top-up up the lease. Under the 2014 Master Plan, the site is zoned for residential use and has a plot ratio of 1.4.
Located at 71-85 (Odd Nos.) Phoenix Avenue in District 23, Phoenix Heights has a $36 million asking price translating to about $668 psf per plot ratio (ppr), including the 10% bonus balcony space and premiums payable to top-up up the lease. Under the 2014 Master Plan, the site is zoned for residential use and has a plot ratio of 1.4.
Landmark Tower sold en bloc for $286 mil
The 139-unit Landmark Tower at Chin Swee Road has been sold to a joint-venture (JV) company for $286 million, according to a release by marketing agent JLL. One of the JV partners is said to be a public listed company.
The 60,821 sq ft site is zoned for residential use with an as-built plot ratio of 4.0. The winning bid of $286 million translates to a land rate of $1,406 psf per plot ratio (ppr) after taking into consideration the lease upgrade premium of $57 million, estimates Tan Hong Boon, JLL regional director.
The price of $1,406 psf ppr compares favourably to the $1,515 psf ppr achieved at Pearl Bank Apartments, which was sold to CapitaLand in February. Landmark Tower is also a 99-year leasehold development located next to Pearl’s Hill City Park, near Pearl Bank Apartments.
Given its vantage point, Landmark Tower offers residents 360-degree city views. Based on the sale price, the owners of Landmark Tower will receive gross proceeds between $1.6 million and $4.9 million from the collective sale, adds JLL’s Tan.The 33-year old development was put up for collective sale on April 10 with a reserve price of $285 million, althought owners had expected in excess of $300 million ($1,474 psf ppr) for it.
The 60,821 sq ft site is zoned for residential use with an as-built plot ratio of 4.0. The winning bid of $286 million translates to a land rate of $1,406 psf per plot ratio (ppr) after taking into consideration the lease upgrade premium of $57 million, estimates Tan Hong Boon, JLL regional director.
The price of $1,406 psf ppr compares favourably to the $1,515 psf ppr achieved at Pearl Bank Apartments, which was sold to CapitaLand in February. Landmark Tower is also a 99-year leasehold development located next to Pearl’s Hill City Park, near Pearl Bank Apartments.
Given its vantage point, Landmark Tower offers residents 360-degree city views. Based on the sale price, the owners of Landmark Tower will receive gross proceeds between $1.6 million and $4.9 million from the collective sale, adds JLL’s Tan.The 33-year old development was put up for collective sale on April 10 with a reserve price of $285 million, althought owners had expected in excess of $300 million ($1,474 psf ppr) for it.
Chinatown Plaza sells en bloc for $260m
Chinatown Plaza located along Craig Road has been sold for $260 million to a property unit affiliated to Singapore-based RGE (Royal Golden Eagle), the pulp and paper and palm oil giant manages a group of resource-based manufacturing companies with global operations and assets exceeding US$18 billion (S$24.5 billion). The price translates to a land rate of $1,915 per sq ft per plot ratio (psf ppr). Chinatown Plaza has a land area of 33,953 sq ft and is zoned for commercial and residential use. The site has the potential to be redeveloped up to its existing gross floor area of 135,742 sq ft.
Outline planning permission for serviced apartments with commercial use has been granted by the Urban Redevelopment Authority. Apartment owners are expected to receive gross sale proceeds of between $3.44 million and $4.79 million per unit, while shop owners can expect between $1.64 million and $10.62 million per unit. Such freehold mixed-use sites within the city are rarely available and given its city centre location in a popular and vibrant enclave within close proximity to MRT stations, the property is perfectly situated for use as serviced apartments. This development option will allow the purchaser to hold the invaluable freehold property for long-term investment.
Outline planning permission for serviced apartments with commercial use has been granted by the Urban Redevelopment Authority. Apartment owners are expected to receive gross sale proceeds of between $3.44 million and $4.79 million per unit, while shop owners can expect between $1.64 million and $10.62 million per unit. Such freehold mixed-use sites within the city are rarely available and given its city centre location in a popular and vibrant enclave within close proximity to MRT stations, the property is perfectly situated for use as serviced apartments. This development option will allow the purchaser to hold the invaluable freehold property for long-term investment.
Balestier Regency up for collective sale
Balestier Regency is a freehold, 72-unit apartment that has been launched for collective sale by tender. Balestier Regency sits on a 61,952 sq ft site and is expected to fetch at least $218 million, which translates into a land rate of $1,265 psf per plot ratio (ppr), including a $1.35 million development charge. The land price would be reduced to $1,221 psf ppr if the 10% bonus balcony area is included.
The site is zoned for residential use, has a plot ratio of 2.8 and an allowable building height of up to 36 storeys. The maximum allowable gross floor area will be 173,409 sq ft. The redevelopment could potentially yield about 230 units of 753 sq ft each, subject to approvals.The tender will close on June 21.
The site is zoned for residential use, has a plot ratio of 2.8 and an allowable building height of up to 36 storeys. The maximum allowable gross floor area will be 173,409 sq ft. The redevelopment could potentially yield about 230 units of 753 sq ft each, subject to approvals.The tender will close on June 21.
Leonie Gardens is launched for collective sale by tender with a reserve price of $800 million
Leonie Gardens is launched for collective sale by tender with a reserve price of $800 million. The reserve price translates to $2,104 per sq ft based on existing gross floor area, or $2,021 per sq ft per plot ratio (psf ppr) if a 10 per cent balcony space is included, subject to approval. The tender will close at 3pm on Thursday, June 21.
Leonie Gardens, located at 23, 25 and 27 Leonie Hill in District 9, has 71 years remaining on its 99-year leasehold, which expires on Sept 14, 2089. The condo consists of 138 units, with a total strata area of 324,972.90 sq ft and a gross floor area of 410,431.80 sq ft.
The site is zoned residential under the Urban Redevelopment Authority Master Plan 2014, with a plot ratio of 2.8. According to Huttons, it can be developed into 544 condominium units averaging at about 70 sq m each, or 380 condominium units at about 100 sq m each. Subject to approval, it is possible to have a 10 per cent balcony space added, increasing the area to 449,031.63 sq ft.
Leonie Gardens, located at 23, 25 and 27 Leonie Hill in District 9, has 71 years remaining on its 99-year leasehold, which expires on Sept 14, 2089. The condo consists of 138 units, with a total strata area of 324,972.90 sq ft and a gross floor area of 410,431.80 sq ft.
The site is zoned residential under the Urban Redevelopment Authority Master Plan 2014, with a plot ratio of 2.8. According to Huttons, it can be developed into 544 condominium units averaging at about 70 sq m each, or 380 condominium units at about 100 sq m each. Subject to approval, it is possible to have a 10 per cent balcony space added, increasing the area to 449,031.63 sq ft.
Le Quest - mixed development, short drive from Singapore's second central business district in Jurong East
Located at the intersection of Shunfu Road and Marymount Road, within walking distance of Marymount MRT station - Le Quest sold 70 units on the first day of its Phase Two sales. The 516-unit development with one- to four-bedroom units will house a childcare centre, a supermarket, retail outlets and other food and beverage establishments over 6,000 square metres. Prices for one-bedroom and two-bedroom units, which proved popular among new buyers, start from S$703,000.
This Qingjian Realty (South Pacific) Group mixed development project in Bukit Batok offered just 115 units for sale on Saturday (May 19), just a week after it opened up the development for Phase Two preview. In August 2017, Le Quest - a beautiful mixed development, which is a short drive away from Singapore's second central business district in Jurong East, sold 280 units its Phase One sales.
With an average psf of $1,380, buyers can get a four-bedroom unit in the mixed-use development Le Quest from $1.8 million. Prices of the units offered in Phase Two, though higher than at first launch, did not deter buyers from snapping up the units as it is still one of the most competitive among the recent launches.
Qingjian Realty is planning to launch another exciting project - JadeScape, formerly the HUDC estate known as Shunfu Ville, this year. Visit the project website below for JadeScape:
This Qingjian Realty (South Pacific) Group mixed development project in Bukit Batok offered just 115 units for sale on Saturday (May 19), just a week after it opened up the development for Phase Two preview. In August 2017, Le Quest - a beautiful mixed development, which is a short drive away from Singapore's second central business district in Jurong East, sold 280 units its Phase One sales.
With an average psf of $1,380, buyers can get a four-bedroom unit in the mixed-use development Le Quest from $1.8 million. Prices of the units offered in Phase Two, though higher than at first launch, did not deter buyers from snapping up the units as it is still one of the most competitive among the recent launches.
Qingjian Realty is planning to launch another exciting project - JadeScape, formerly the HUDC estate known as Shunfu Ville, this year. Visit the project website below for JadeScape:
JadeScape, formerly the HUDC estate known as Shunfu Ville
Property News referenced from various websites Business Times, Straits Times, SRX, Edgeprop
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Dunearn Gardens sold for S$468 million.
The collective sale frenzy continues unabated as Dunearn Gardens, a 114 unit freehold residential development located off Newton Road, becomes the latest to be sold on its third attempt to EL Development Pte Ltd for $468 million.
The sale price translates to a land price of about $1,914 psf ppr, but if taking into account the 10% bonus balcony that would raise the proposed plot ratio to 3.08, the land price would be about $1,841 psf ppr subject to authorities approval. EL Development intends to redevelop the site into a 34-storey luxury condo comprising 348 units, consisting one to four bedroom apartment units.
The collective sale frenzy continues unabated as Dunearn Gardens, a 114 unit freehold residential development located off Newton Road, becomes the latest to be sold on its third attempt to EL Development Pte Ltd for $468 million.
The sale price translates to a land price of about $1,914 psf ppr, but if taking into account the 10% bonus balcony that would raise the proposed plot ratio to 3.08, the land price would be about $1,841 psf ppr subject to authorities approval. EL Development intends to redevelop the site into a 34-storey luxury condo comprising 348 units, consisting one to four bedroom apartment units.
Dunearn Gardens sold for $468 million
Olina Lodge sold for $230.9 million
The 67 unit Olina Lodge, a residential development located at 15 Holland Hill in prime District 10 has been sold en bloc for $230.9 million to Peak Opal - a unit of Kheng Leong, the privately held property development company of legendary banker, Wee Cho Yaw of UOB.
The sale price translates to a land rate of $1,712 psf ppr and is also 5% higher than the owner's reserve price of $220 million. Olina Lodge is zoned residential with a plot ration of 1.6 and a maximum height of 12 storeys. The project can be redeveloped into a new development with gross floor area of 148,348 sqft including 10% bonus GFA for balcony space. Development charge will not be payable due to the high development baseline.
The 67 unit Olina Lodge, a residential development located at 15 Holland Hill in prime District 10 has been sold en bloc for $230.9 million to Peak Opal - a unit of Kheng Leong, the privately held property development company of legendary banker, Wee Cho Yaw of UOB.
The sale price translates to a land rate of $1,712 psf ppr and is also 5% higher than the owner's reserve price of $220 million. Olina Lodge is zoned residential with a plot ration of 1.6 and a maximum height of 12 storeys. The project can be redeveloped into a new development with gross floor area of 148,348 sqft including 10% bonus GFA for balcony space. Development charge will not be payable due to the high development baseline.
Olina Lodge sold for $230.9 million
Twin Vew preview draws over 7,500 visitors
CSC Land's first development, Twin Vew in West Coast Vale attracted a strong turnout when its showflat opened for preview over the weekend with more than 7,500 visitors turning up over the 2 days.
The two 36 storey towers in the residential development will have 520 units comprising one to four bedders ranging from 484 sqft to 1,518 sqft. It will also have six penthouses, 2 shop spaces and a childcare centre. Indicative prices for the development range from $650,000 for a one bedroom unit to $1.55 million for a four bedroom unit including the early bird discount. Twin Vew is expected to be ready by the fourth quarter if 2021.
CSC Land's first development, Twin Vew in West Coast Vale attracted a strong turnout when its showflat opened for preview over the weekend with more than 7,500 visitors turning up over the 2 days.
The two 36 storey towers in the residential development will have 520 units comprising one to four bedders ranging from 484 sqft to 1,518 sqft. It will also have six penthouses, 2 shop spaces and a childcare centre. Indicative prices for the development range from $650,000 for a one bedroom unit to $1.55 million for a four bedroom unit including the early bird discount. Twin Vew is expected to be ready by the fourth quarter if 2021.
Twin Vew located at West Coast Vale near to the Jurong Lake District
Two freehold sites going enbloc
Park House in Orchard and St Michael's condominium in Serangoon have joined the collective sale frenzy with guide prices of $308 million and $112 million respectively. The $308 million reflects a land rate of approximately $2,387 psf ppr or $2,170 psf ppr after taking into consideration the 10% bonus gross floor area allowed for balconies. The 46,084 sqft freehold site has an allowable plot ratio of 2.8. Development charges are not payable as the baseline plot ratio is equivalent to about 3.66. The tender will close at 3pm on 31 May 2018.
Park House in Orchard and St Michael's condominium in Serangoon have joined the collective sale frenzy with guide prices of $308 million and $112 million respectively. The $308 million reflects a land rate of approximately $2,387 psf ppr or $2,170 psf ppr after taking into consideration the 10% bonus gross floor area allowed for balconies. The 46,084 sqft freehold site has an allowable plot ratio of 2.8. Development charges are not payable as the baseline plot ratio is equivalent to about 3.66. The tender will close at 3pm on 31 May 2018.
Park House in Orchard
St Michael's in Serangoon
The freehold 60 unit St Michael's condo off Serangoon Road has been launched for a collective sale on 24 April 2018 and is expected to fetch $112 million with no development charge payable due to its high baseline GFA. Including a 10% bonus balcony, which would raise the proposed plot ratio to 3.08, the land price would be about $1,072 psf ppr. Tender closes on 23 May 2018.
