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Visit EdgeProp.sg to find properties, research market trends and read the latest news The week of August 12, 2019 | ISSUE 894-116

TRANSFORMING PRECINCTS In this National Day special issue, we feature some of the projects that are playing a big part in the renewal of their respective neighbourhoods. Others, more boutique in nature, are benefitting from the uplift as their neighbourhoods are rejuvenated as part of the Master Plan 2019.

Peter Tay: Beneath the high-gloss veneer At the peak of his career, the celebrity designer is sought-after by the glitterati, tycoons and top developers. But he takes time to pause and reflect on his life and works. Turn to Pages 18, 19 & 32.

CapitaLand’s M&A will give it access to Ascendas-Singbridge’s Changi Business Park SAMUEL ISAAC CHUA/EDGEPROP CHUA/EDGEPROP ISAAC SAMUEL EDGEPROP | AUGUST 12, 2019 • EP2 EDGEPROP | AUGUST 12, 2019 • EP3 EP4 • EDGEPROP | AUGUST 12, 2019

TRANSFORMERS

The existing site at Jiak Kim Street where Zouk used to be, and where the new, 455-unit Rivière luxury residences and 80-unit serviced apartments will be located

FRASERS PROPERTY Rivière: Robertson Quay’s new landmark

| BY CECILIA CHOW | ceived 10 bids at the close of the tender for ry ago – the warehouses have a total area of account for 70 units; two-bedroom units of 818 the 99-year leasehold site at the end of 2017. close to 18,300 sq ft. These warehouses will be to 840 sq ft make up another 140 units; while aving designed showflats for several conserved and restored. One of them will be three-bedroom units of 1,141 to 1,249 sq ft ac- upscale projects in the Robertson Quay ‘Celebrating heritage’ converted into a lobby and reception area to count for 210 units; and 2,002 sq ft, four-bed- precinct over the past 15 years, Sin- Singapore-listed Frasers Property emerged the serve the serviced apartment block next door. room units with private lifts make up the re- gaporean interior designer Peter Tay winner of the 145,120 sq ft, site at Jiak Kim The other two warehouses will be converted maining 24 apartments. has had a ringside seat to its transfor- Street in December 2017. It paid $955.4 million into F&B outlets, a specialty grocer’s as well One-bedroom units are priced from $1.576 Hmation. With its historic warehouses along the or $1,733 psf per plot ratio (ppr) for the land. as other communal facilities and services that million ($2,814 psf); two-bedroom units start meandering Singapore River, Robertson Quay Frasers Property appointed acclaimed Sin- will serve both residents and guests in the ser- from $2.185 million ($2,671 psf); three-bedroom has always had a special allure for both Sin- gapore-based architect Chan Soo Khian, prin- viced apartments. apartments are from $2.973 million ($2,605 psf); gaporeans and expatriates. cipal and design director of SCDA Architects, while four-bedroom units are from $5.346 mil- “The conversion of the old warehouses for to design Rivière. Chan designed the $5 million ‘Intimate relationship with the river’ lion ($2,670 psf). alternative lifestyle uses in the area makes it sales gallery with a vaulted ceiling and clean, As the site is located on a riverbend and en- interesting,” says Tay. open white space – a contemporary interpre- joys a 300m river frontage, the two high-rise ‘Beacon of luxury’ The latest project in the Robertson Quay tation of an old warehouse. He also designed towers at Rivière are oriented such that almost Rivière is designed to set a new benchmark precinct that Tay was involved in is Rivière, for the one- and two-bedroom showflats within every one of the 455 residential units is assured in terms of luxury offerings. The developer is which he designed two of the showflats. The the sales gallery. Meanwhile, Tay designed the of a river view. Units on the higher floors will providing marble flooring for the living area; fact that it is located on the site of the former showflats for the three- and four-bedroom units. enjoy a multi-faceted view of the winding riv- European white oak timber flooring for the Zouk nightclub on Jiak Kim Street makes it “all According to Elson Poo, Frasers Property’s er and the city skyline, while the lower floors bedrooms; German-brand kitchen applianc- the more exciting”, he adds. senior vice president of sales and marketing – will enjoy direct riverfront views. The roof ter- es from Gegganau and cabinetry by Poggen- Zouk had been located on Jiak Kim Street residential, Rivière “celebrates the heritage of race will be accessible to all residents and of- pohl; bathroom sanitary fittings and sanitary- for 25 years before relocating to Clarke Quay the Singapore River and the contemporary life- fers panoramic 360-degree views of the city. ware from top-end German brands Gessi and in 2017 when its lease was up. “Zouk is glob- style of waterfront living. It’s a residence that The Singapore River is not very wide, says Duravit respectively. The four-bedroom units ally renowned, and many people have fond people would aspire to live in”. Ong of ET&Co. Therein lies its charm: “It al- have two-basin, vanity countertops featuring memories of it,” says Ong Choon Fah, CEO While most residential developments along lows you to have an intimate relationship with a unique fine-grain Italian marble called Pal- of Edmund Tie & Co (ET&Co). For the past the riverfront are capped at 10 storeys, Rivière the river, especially when it has interesting issandro Blue. three consecutive years, Zouk was ranked has twin 36-storey towers. “It is going to be the bends,” she adds. Frasers Property’s Poo adds: “Rivière will be among the top five of 100 clubs around the new landmark in the area,” says Ong of ET&Co. Rivière is designed with a mix of one- to a beacon of luxury along the Singapore River, world by DJ Mag. Frasers Property is developing a new four-sto- four-bedroom units. Units span the second offering a different and unique product in its Another significance of Rivière’s site is that rey block with 80 serviced apartments on the to the 36th floor. Only four-bedroom units on neighbourhood.” He sees Rivière appealing to it was the last available Government Land Sales site. Adjacent to the new block is the three the 36th floor – the topmost level – will each “the discerning and well-travelled, who value (GLS) site along that prime stretch of the Sin- adjoining conserved warehouses that once have a living room with double-volume ceiling. simplicity, attention to details and who appre- gapore River. That explains why the URA re- housed Zouk. Built in 1919 – exactly a centu- Of the 455 units, one-bedders of 560 sq ft ciate quiet and timeless luxury”. EDGEPROP | AUGUST 12, 2019 • EP5

TRANSFORMERS

FRASERS PROPERTY

Artist’s impression of Rivière’s site on a riverbend with a 300m frontage facing the Singapore River

SAMUEL ISAAC CHUA/EDGEPROP SINGAPORE Since the project was officially launched last tro & Bar, the Summerlong Mediterranean res- month, about 40 units have been sold. They taurant, and the Aburiyatei Japanese restaurant. range from a one-bedroom, 560 sq ft unit on the There are also the Singapore Repertory Theatre second level that fetched $1.55 million ($2,769 and the STPI Gallery where art exhibitions and psf); to a four-bedroom, 2,002 sq ft unit on the creative workshops are held, says Ong. 35th floor that went for $6.5 million ($3,274 Other new hotels that have opened in the psf), according to caveats lodged. The highest Robertson Quay area over the past three years price psf achieved at Rivière so far was for a include The Warehouse Hotel, a boutique, 37- 560 sq ft, one-bedroom unit on the 36th floor room hotel converted from a former 19th cen- that was sold for $1.85 million ($3,305 psf). tury warehouse; Studio M Hotel designed by Of the buyers, 55% are Singapore citizens, Italian architect Piero Lissoni as a loft-style while Singapore permanent residents account- hotel; and M Social at Robertson Quay, an ed for 35%, and foreigners, 10%, according to “avant-garde design hotel” created by French Frasers Property. designer Philippe Starck. “And you have the beautiful old shophouses Premium riverfront lifestyle in the Mohamed Sultan area which are also be- “The one- and two-bedroom units at Rivière ing rejuvenated,” adds Tay. were especially popular with singles, couples ET&Co’s Ong agrees. “It’s not just the river- and investors,” notes ET&Co’s Ong. “The pro- front, but the entire Robertson Quay precinct ject should command a premium in both pric- that is being transformed.” The 810 sq ft, two-bedroom showflat designed by SCDA Architects es and rents upon completion. Generally, units with unblocked river views are the first to be Accessibility SAMUEL ISAAC CHUA/EDGEPROP SINGAPORE snapped up.” From Rivière, the CBD is just a five-minute Rivière is the only residential development drive away, and one can also take the river with a bridge right at its doorstep, namely the taxi to Marina Bay. Jiak Kim Bridge connecting it directly across the Within a five-minute walk from Rivière is river. From there, residents will be able to walk the Great World City mall, which is undergo- to the F&B, lifestyle and entertainment hubs at ing a $50 million revamp that is scheduled for Robertson Quay and Clarke Quay. The bridge completion in 2020. also brings residents directly to Kim Seng Park Adjacent to Great World City is the upcom- and the picturesque Alexandra Park Connector. ing Great World MRT Station on the Thom- “In the evenings, Robertson Quay comes son-East Coast Line. Another upcoming station alive,” says Ong. “You see families walking on the same line that is also within a five-min- their dogs, children on scooters, people jog- ute walk of Rivière is Havelock MRT Station. ging or enjoying a leisurely stroll – it’s a con- Both stations are scheduled to open by 2021. fluence of people enjoying the river and the “Rivière is very accessible, as a lot of amenities it offers.” amenities are within walking distance,” adds Incidentally, SCDA Architects was also the ET&Co’s Ong. “If you want tranquillity, you masterplan and design architect for InterConti- can stay within your home at Rivière. If you nental Hotel Robertson Quay and The Quayside want to enjoy the buzz and the activity, you by RB Capital which opened in 2017. New F&B can just walk to the F&B and lifestyle areas outlets at The Quayside include Boomarang Bis- at Robertson Quay.” E Showflat of a 2,002 sq ft, four-bedroom unit, with double-volume ceiling height, designed by Peter Tay Studio EDGEPROP | AUGUST 12, 2019 • EP6 EDGEPROP | AUGUST 12, 2019 • EP7 EP8 • EDGEPROP | AUGUST 12, 2019

TRANSFORMERS

Jonathan Phua, CEO and executive director of Tee Land: The freehold 35 Gilstead is close to the Novena medical precinct and the Newton area

PICTURES: SAMUEL ISAAC CHUA/EDGEPROP SINGAPORE 35 Gilstead: Exclusive boutique homes in an upmarket neighbourhood

| BY TIMOTHY TAY | he adds. Primary schools within 1km of the de- in the east as well as those closer to the city tique developments. “So far, we haven’t gone velopment include Anglo-Chinese School (Jun- centre, which is another reason why demand for Government Land Sales sites, and we pre- etween Newton Road and Dunearn ior), Anglo-Chinese School (Primary), and St has yet to pick up, he adds. Over the last quar- fer boutique developments where we direct- Road in prime District 11 lies the quiet Joseph’s Institution Junior. Other schools in ter, the east has seen new launches such as ly negotiate with the landowners,” he says. upmarket area around Gilstead Road, proximity include CHIJ Primary (Toa Payoh), MeyerHouse and Amber Park, while the city “We will continue what we have been do- as well as the landed housing estates Singapore Chinese Girls’ School (Primary), centre has seen the launch of projects like Riv- ing all this while, which are freehold boutique in the vicinity of Chancery Lane. The and St Margaret’s Primary School. iére and One Pearl Bank. developments. We won’t deviate from this un- Barea has been largely bereft of new residen- Looking ahead, Tee Land says that it intends less we invite joint-venture partners [to join tial projects since 2016, when 26 Newton on Scenic views to stick to its strategy of building freehold bou- us],” he adds. E Newton Road was completed. Residents of 35 Gilstead can look forward to This is set to change with the 70-unit bou- enjoying scenic views of the surrounding ar- tique development 35 Gilstead. The freehold eas. “The property actually rests on top of a project is a redevelopment of the former 11- hill that overlooks the landed houses of the unit Casa Contendere which was sold to Tee Chancery estate, and from the top floor of the Land for $72 million in November 2017. The development you will be able to look towards redevelopment is a joint venture between Tee the Anglo-Chinese School campus at Barker Land and privately-held developer TG Devel- Road,” says Phua. opment at 60:30, while the rest is held by in- One half of 35 Gilstead faces the two-sto- dividual investors. rey mixed landed housing estate and the Bukit Comprising three five-storey blocks, 35 Gil- Tunggal Good Class Bungalow Area off Chan- stead has a mix of unit types including one-bed- cery Lane. Most of the condo amenities such room units of 474 to 710 sq ft, two-bedroom as its infinity pool and gym will be designed units of 549 to 743 sq ft, and three-bedroom to maximise the views over these landed hous- units of 840 to 1,249 sq ft. There are also du- ing estates, says Phua. plex penthouse units comprising a mix of three-bedroom units of 1,539 to 1,647 sq ft. Latent demand Prices start from $1.29 million ($2,721 psf) for 35 Gilstead was open for preview in April this a one-bedroom unit, to $3.6 million ($2,339 year and the showflat is on Prince Charles psf) for a penthouse unit. Crescent, close to the Jervois area. So far, 11 units have been sold at 35 Gilstead, accord- Exclusive, yet convenient ing to URA Realis. The latest transaction was With 35 Gilstead, the developer hopes to woo for a 721 sq ft, two-bedroom unit which was families with young children, as well as home- sold for $1.78 million ($2,471 psf) on July 23. owners who want the exclusivity and privacy Tee Land has opened a new sales office on that comes with living in a smaller residential Gilstead Road, in addition to its existing show- development, says Jonathan Phua, CEO and flat on Prince Charles Crescent. Located clos- executive director of Tee Land. er to the actual site, it will help agents nego- To cater to this group of buyers, about 40% tiate and conclude sales, the company says. of the units at 35 Gilstead are three-bedroom “I definitely believe there is buying interest units of up to 1,249 sq ft. All units also fea- and demand from residents living in the nearby ture a private lift to enhance residents’ priva- landed estate, especially among parents who cy, says Phua. want to purchase a property for their children, The development is close to the Newton or homeowners who desire to live in the Gil- MRT Interchange Station on the North-South stead area because they know it is an upmar- and Circle Lines, and is served by bus services ket neighbourhood,” says Phua. that ply Dunman Road and Bukit Timah Road. “Our average starting psf price is about “In terms of its location, I believe 35 Gilstead $2,400 psf, which I feel isn’t too high for a new, has the best of both worlds, being close to the freehold, residential development in the Core Novena medical precinct as well as the New- Central Region, especially considering there are ton area,” says Phua. new leasehold projects in the market that are “This location will be convenient for resi- coming close to the $2,000 psf mark,” he adds. dents, with direct bus routes to City Hall and So far this year, most buyers have also several good schools in the Bukit Timah area,” turned their attention towards new projects Selected three-bedroom units feature a 5.7m ceiling height and can accommodate a loft EDGEPROP | AUGUST 12, 2019 • EP9 EP10 • EDGEPROP | AUGUST 12, 2019

TRANSFORMERS

Affinity at Serangoon: High-quality condo close to Serangoon Gardens

PICTURES: ALBERT CHUA/EDGEPROP SINGAPORE Upmarket offering goon North, one of the future stations, will Affinity offers 1,002 apartments comprising be located about 300 metres from the condo. one- to four-bedroom units of 474 to 1,711 sq “With the station a few minutes’ walk ft, in addition to 10 penthouses of 1,550 to away, it has definitely provided an increase 1,701 sq ft. It also boasts 40 townhouses of in convenience to all residents,” says Oxley. 2,056 to 2,347 sq ft. Lifted by the news, Oxley sold 31 units at The project saw a successful sales launch Affinity over the weekend of Jan 26 and 27, last June and sold 76 units over its first week and the sales figure rose to 70 units for the of sales, and recorded an average selling price period from Jan 26 to Feb 7. This brought the of $1,565 psf, according to caveats lodged with total number sold at Feb 7 to 390 units (37%). URA Realis. These included two townhouses of The Cross Island Line will enhance the al- 2,067 sq ft which fetched $2.39 million ($1,155 ready high degree of connectivity residents psf) and $2.33 million ($1,127 psf). at Affinity will enjoy, as the area is already Today, according to caveats, the project has served by Serangoon MRT Interchange Sta- sold 563 units (or more than 53% of units). tion on the North-East and Circle Lines, and It has achieved an average selling price of connects to Seletar Expressway, Central Ex- $1,490 psf for its condo units, and an average pressway, and the -Paya Lebar Ex- of $1,486 psf for its 15 townhouses. “Affinity pressway. at Serangoon is a well-thought-out develop- ment, with good architecture, layouts and fa- Appeal of Serangoon Gardens cilities. With efficient layouts, units are spa- Anchored by the ever-popular Chomp Chomp cious and buyers are paying for spaces that Food Centre on Kensington Park Road in the they can enjoy,” says Oxley. heart of Serangoon Gardens, the neighbour- hood is well-served by amenities including Homes built for families myVillage and Serangoon Garden Market & At Affinity, even the one-bedroom unit types Food Centre. Shophouses in Serangoon Gar- of 474 to 689 sq ft can comfortably fit in a dens complement the F&B and retail offerings. queen-sized bed, and families will find plen- The area is also close to NEX Mall which is ty of living space in the three- and four-bed- above the Serangoon station. ders. Four-bedroom units of 1,410 to 1,711 “Most of the buyers who have bought into sq ft have a generously sized living and din- Affinity really love this area. It is located in a ing area. neighbourhood with a rich heritage and has a The boost in desirability of the area from relatively laid-back atmosphere, yet it is close the arrival of Affinity has also drawn some to so many amenities,” says Oxley. multi-generational family units to snap up Rosyth Primary School is also located with- The 1,052-unit Affinity offers one- to four-bedroom units, penthouses, and two-storey strata townhouses units. “There is definitely an opportunity for in 1km of Affinity, and other schools close to multi-generation living which can be seen by the development include Paya Lebar Meth- the healthy take-up rate of our strata town- odist Girls’ Secondary School, and Nanyang houses. Almost 40% of the strata houses have Junior College. | BY TIMOTHY TAY | tion of units complement the landed homes. been sold to date, and these days it is rare to Affinity’s central location also makes it The 1,052-unit Affinity is developed by find new strata landed houses that are sup- close to prominent business parks and up- ffering upmarket homes for ex- a consortium of local developers led by Ox- ported with so many facilities,” says Oxley. coming business and industrial districts. isting residents in the Serangoon ley Holdings, and which includes KSH Hold- Limited to just 40 units, these two-storey Nearby industrial estates include Serangoon area, as well as for buyers who ings, SLB Development, and Apricot Capital. strata townhouses feature four- and five-bed- North Industrial Estate and Ang Mo Kio In- aspire to live near the Serangoon Affinity is one of the newest private resi- room units that come with a backyard; for dustrial Park, while Seletar Aerospace Park is Gardens landed housing estate, dential projects that are being offered in the selected units, the backyard leads to a pool. a 15-minute drive away. OAffinity at Serangoon looks set to raise the area, and is a redevelopment of the former “With Affinity at Serangoon’s proximity to overall desirability of the neighbourhood. HUDC estate, Serangoon Ville. The Oxley-led Cross Island boost business centres, industrial parks and transport Its resort-like aesthetics and architecture com- consortium bought the 99-year leasehold site Sales at Affinity received a sales boost this connectivity, buyers also see the potential for plement the neighbouring landed estates, for $499 million ($835 psf per plot ratio) in year when details of the future Cross Island capital appreciation as well as the opportunity while its high-quality homes and wide selec- July 2017 in an en bloc deal. MRT Line were announced on Jan 25. Seran- for the rental income,” says Oxley. E

Four-bedroom units of 1,410 to 1,711 sq ft have generously sized living and dining areas A variety of two-bedroom units are available, including premium units of 732 to 775 sq ft EDGEPROP | AUGUST 12, 2019 • EP11 EP12 • EDGEPROP | AUGUST 12, 2019

TRANSFORMERS

The 99-year leasehold, mixed-used Artra comprises 400 residential units and 16 commercial lots

PICTURES: SAMUEL ISAAC CHUA/EDGEPROP SINGAPORE Artra: Redhill’s newest addition

| BY CHARLENE CHIN | Amenities in Redhill ny area is stretched across at least two rooms bedroom-plus-study unit was sold for $2.53 As an extension of Redhill Station, Artra will – a combination of either the master bedroom, million ($1,795 psf). Altogether, 22 units have hen the 99-year leasehold Ar- provide more amenities to residents of the dining area, or living room. In the largest of the been sold at Artra this year to date, according tra was launched officially in neighbourhood. “Redhill is predominantly a three-bedder offerings, the balcony is spread to URA caveats. E April last year, 130 units were housing estate pocketed with market shops across all three spaces. Meanwhile, residents sold on the first day of launch and a games court next to children’s play- of the largest unit – the five-bedroom unit of – or 65% of the 200 units re- grounds,” Chiu describes. Nearby develop- 2,583 sq ft – will have expansive views from Wleased. The mixed-used development is built ments include The Metropolitan Condo, As- the balcony, as it stretches across two bed- by FEC Skyline, a joint venture between Hong centia Sky, Echelon, Alex Residences and rooms and the living and dining space. Kong-listed Far East Consortium Internation- Redhill Rise, an HDB development that is di- Artra’s layouts are atypical to those in oth- al and New World Development Co. Located rectly opposite Artra. er developments – instead of the regular rec- on Alexandra View, right next to Redhill MRT Neighbourhood residents would be able to tangular layout of most developments, some Station on the East-West Line, the develop- enjoy the convenience of proximity to the child- of the units at Artra have a gradual slant to ment comprises 400 residential units and 16 care centre in Artra, located on the second lev- their shape. To ensure a clean layout, FEC has commercial lots. el of the development. Occupying 5,380 sq ft, carved out triangular spaces as storage spaces, As of Aug 1, only about 11.5% of units it will cater for 100 children. There will also hiding the odd angles behind cabinets. are left for sale at Artra, according to Dennis be a 1,076 sq ft children’s playground that is At the development, the residential units start Chiu, director at FEC Skyline. The buyers are linked to the childcare centre. from the third floor and range from two-bed- mostly locals, and were mostly attracted to As Artra is right next to Redhill MRT Sta- room units of 786 to 829 sq ft and three-bed- the three-bedroom+study units. He attributes tion, the residential blocks will be set back as ders of 1,044 to 1,410 sq ft, to five-bedroom Artra’s popularity among buyers to its close far as possible from the MRT station to mini- units of 2,583 sq ft. There are only six five-bed- proximity to Redhill Station: a covered walk- mise noise from the trains. In addition, large room units at Artra. way will link the development to the train sta- and leafy trees will be planted next to the pool To date, the average price fetched at Ar- tion. The development will also boast 16 com- to ensure the privacy of residents. tra is $1,740 psf, according to caveats lodged mercial lots, which will give residents added with URA. The latest transaction at the devel- convenience with easy access to amenities, he Spacious layouts opment was for a 1,227 sq ft, three-bedroom- adds. A supermarket will occupy 10,760 sq ft FEC Skyline has designed the layouts such that plus-study unit on the 37th floor, which was of space at the development. Artra is also just units appear more spacious than their actual sold on June 21 for $2.31 million ($1,883 psf). As an extension of Redhill Station, Artra will provide a four-minute walk to Redhill Market. sizes. For the three-bedroom units, the balco- Before that, on June 17, a 1,410 sq ft, three- more amenities to residents of the neighbourhood

Artra will be linked to Redhill MRT Station by a covered walkway Artra’s layouts are atypical to those in other developments – some units have a gradual slant to their shape EDGEPROP | AUGUST 12, 2019 • EP13 EP14 • EDGEPROP | AUGUST 12, 2019

TRANSFORMERS

Avenue South Residence: Live-work-play along the Greater Southern Waterfront

PICTURES: UOL live-play components. It will also offer new op- with the Rail Corridor running alongside, and portunities for new waterfront developments , , and Labrador in the future. Park just a stone’s throw away.” In its Draft Master Plan 2019, the URA Avenue South Residence is close to major said it would rejuvenate the Central Area by expressways such as Ayer Rajah Expressway, increasing housing options in sites such as Central Expressway and Marina Coastal Ex- Downtown, Marina South and Rochor so that pressway. It is also a short walk to Outram people can live closer to their workplaces. Park MRT Station. This station is expected to This plan is part of the URA’s move to bring become an interchange for three MRT lines in more life to the CBD and Marina Bay area 2021 when Stage 3 of the Thomson-East Coast after office hours. Line opens. It currently serves the North-East The URA also unveiled plans for a continu- and East-West Lines. ous waterfront promenade that will seamless- When completed in 2025, the project will ly connect various places of interest along the also be served by Cantonment MRT Station Greater Southern Waterfront in future. Along on the Circle Line. this corridor, the new Pasir Panjang Linear Park will connect to Labrador Na- First-mover advantage ture Reserve. This will offer users a glimpse Avenue South Residence will have a mix of of Pasir Panjang’s working container port and one- to four-bedroom apartments and will have Power District up close. over 80 amenities dedicated to entertainment, Other future connections will also link up relaxation and recreation. “The 56-storey twin places of interest along the waterfront to the towers are sprinkled with sky gardens to em- hilltops, providing recreational options. brace a green and wholesome lifestyle,” the Besides being a beneficiary of these upcom- spokesperson adds. ing developments, Avenue South Residence is UOL has also designed function rooms on a short stroll to the Rail Corridor, a former rail- the 56th storey of the project so residents and way line that stretches 24km from the north their guests can enjoy the breathtaking views to the south of Singapore. The future Wood- of the Singapore skyline. Units situated on the lands North Coast and Greater Southern Wa- 37th floor and higher will enjoy unblocked terfront areas will be linked by this trans-is- views. According to the spokesperson, at least land “green corridor”. 50% of the units will have views of the sea. URA has revealed plans to transform this Apart from the residential component, the corridor into a community space that links one project will have five blocks of adaptive re-use million people within 1km of the Rail Corri- and conserved blocks consisting of eight com- dor. When it is connected by 2021, it will spur mercial units and one childcare centre. “We’ve the development of its surroundings, accord- retained some of the window grilles and design ing to the URA. features so you have a quaint and nostalgic feel Fifty-six-storey twin towers soar with elegant monumentality over the city [in this space],” observes the spokesperson. Connectivity and greenery With Avenue South Residence, UOL is offer- “Avenue South Residence is envisioned to be ing buyers a first-mover advantage. The spokes- a gateway to the live-work-play lifestyle of the person notes: “The project will be attractive- | BY AMY TAN | Located off Kampong Bahru Road, Ave- future. The Greater Southern Waterfront with ly priced compared with other projects in the nue South Residence will capitalise on its over 2,000ha of prime waterfront land, will area and owners should see an upside to their ingapore-listed property firm UOL Group proximity to the 24km-long Rail Corridor and contribute to a dynamic city centre with ex- investments as the area develops.” is set to launch the 99-year leasehold the Greater Southern Waterfront – a 2,000ha uberant business and lifestyle opportunities,” To be sure, UOL has a keen eye for identi- Avenue South Residence later this year. site of prime waterfront land. The latter is says a UOL spokesperson. fying sites with growth potential. In the 2000s, With 1,074 residential units and 13,993 the area that will be freed up by the reloca- Apart from the upcoming Greater Southern it transformed the precincts of Novena and sq ft of commercial space, the project tion of Tanjong Pagar, Pulau Brani and Pasir Waterfront, Avenue South Residence is with- Tiong Bahru with projects such as 1 Moulmein Son Silat Avenue will have twin 56-storey tow- Panjang terminals. in proximity to the CBD, Marina Bay, future Rise, Novena Suites and Newton Suites in No- ers. At this height, the project is regarded as Outram Medical Campus, Harbourfront Cen- vena; and The Regency at Tiong Bahru, Twin one of the tallest condo projects in Singapore. Benefitting from redevelopment tre and Mapletree Business City. Regency and Regency Suites in Tiong Bahru. The project will be developed jointly by The area was zoned by the URA in its 2013 The spokesperson highlights: “Despite being “Homeowners who bought these projects then, UOL, United Industrial Corporation (UIC) and Master Plan for long-term redevelopment into so close to the bustle, Avenue South Residence would have realised the value [over time],” the Kheng Leong Co in a 50:30:20 split. commercial and residential projects with work- is a gem snug in the midst of lush greenery – spokesperson adds. E

Featuring over 80 amenities dedicated to entertainment, relaxation and recreation Curated spaces to rejuvenate to body, mind and soul EDGEPROP | AUGUST 12, 2019 • EP15

LAUNCHING SOON!

Own a part of the future at ARTIST’S IMPRESSION

- 56-storey twin towers with breathtaking views of the southern waterfront - Walk to Outram and Cantonment MRT* - Seamless integration with the rail corridor - Stone's throw away from Greater Southern Waterfront - Singapore's newest CBD.

*Under construction 8200 0006 www.avenuesouthresidence.sg

DEVELOPER: United Venture Development (Silat) Pte Ltd • COMPANY REGISTRATION NUMBER: 201818498C • DEVELOPER’S LICENCE NUMBER: C1334 TENURE OF LAND: 99 years commencing on 14 August 2018 • ENCUMBRANCES: Mortgage registered in favour of DBS BANK Limited as security agent EXPECTED DATE OF NOTICE OF VACANT P OSSESSION: 15 May 2023 • EXPECTED DATE OF LEGAL COMPLETION: 15 May 2026 LOT & MUKIM NUMBER: L OT 0 4175C, 0 4179P and 0 1485K MK0 1 EP16 • EDGEPROP | AUGUST 12, 2019

TRANSFORMERS

Occupying a site of 201,510 sq ft, Daintree Residence is surrounded by low-rise residential housing, and is a short walk to Beauty World MRT Station

PICTURES: S P SETIA Daintree Residence: Accentuating the draw of Beauty World

| BY CHARLENE CHIN | house a hammock bay that is surrounded by cupy 218,600 sq ft. The one-stop integrated will have imported marble flooring, and qual- greenery. There will also be a 50-year-old herit- building will comprise a community club as ity bathroom fittings from Hansgrohe and Du- aintree Residence, on Toh Tuck Road, age rain tree that will be preserved on the site. well as a redeveloped market and hawker ravit. Meanwhile, the kitchens will be fitted comprises 327 residential units across Additional greenery has been planned for the centre. There will also be an indoor sports with De Dietrich appliances. For added priva- five storeys in the Beauty World pre- rooftop, which will feature a 35,000 sq ft land- hall, community library and elderly facility. cy, full-height aluminium sliding screens will cinct. Occupying a site of 201,510 sq ft, scaped garden. Furthermore, the two residen- All these will further enhance the neighbour- be installed at the balconies of the apartments. the 99-year leasehold condo is surround- tial wings are linked by a 330m treetop walk, hood, Neo notes. More than 90% of purchases at Daintree Ded by low-rise residential housing, and is a short allowing homeowners to enjoy views of nature. “Daintree Residence is expected to be an at- Residence to date are made by locals and per- walk to Beauty World MRT Station on the Down- tractive draw as it is surrounded by numerous manent residents, says Neo. “The buyers chose town Line. It is developed by Bursa Malaysia- Strategic location amenities which is a huge boon for prospec- to invest in Daintree Residence as they are listed S P Setia. The condo is in a “sought-after” location, tive buyers,” Neo says. The condo is served by attracted by the short walk to Beauty World Slated for completion in 1Q2022, the con- says Neo Keng Hoe, general manager of S P properties such as Beauty World Plaza, which MRT Station, the convenience of choice amen- do is set to add colour to the Beauty World en- Setia. An integrated transport hub has been provide amenities to nearby residents. At Beau- ities, as well as the excellent living environ- clave. Designed by award-winning firm ADDP planned at Beauty World, as highlighted in ty World Centre, a 24-hour Giant supermarket ment,” he adds. Architects, it will boast two distinctive wings: the Draft Master Plan 2019 released by URA. caters to the residents living nearby. Next to “Many of the buyers have also bought Dain- a “Valley Wing”, which will have a 25m infin- The government has also planned for a Bukit Beauty World Centre, Beauty World Plaza has tree Residence with their children’s education ity pool, and a “Rainforest Wing”, which will Timah community building, which will oc- been launched for sale for the second time at in mind,” he observes. “Their child may start a reserve price of $165 million ($2,189 psf per off at Methodist Girls’ School, Bukit Timah plot ratio). If sold, this would offer opportuni- Primary School or Pei Hwa Presbyterian Pri- ties for redevelopment that could better serve mary School.” Other top local schools with- the Beauty World enclave. in the vicinity are Methodist Girls’ School, Along Cheong Chin Nam Road, there are Hwa Chong Institution and National Junior many go-to 24-hour eateries. Noteworthy of- College. Meanwhile, international schools ferings include Al-Azhar and Al-Ameen, which nearby include the German European School, serve halal Indian food, as well as the Boon Singapore Korean International School and Tong Kee franchise of zi char food. Swiss School.

Attraction for buyers International developer Designed by award-winning firm ADDP Architects, At Daintree Residence, the unit mix ranges Over the past 40 years, S P Setia has estab- Daintree Residence will boast two distinctive wings”: from one- to four-bedroom offerings. Units lished its presence in six countries: Malaysia, a “Valley Wing” and a “Rainforest Wing” Vietnam, Australia, , Singapore and the UK. It boasts a global portfolio comprising township developments, luxury residential en- claves, business parks, commercial and mixed- use developments. In Singapore, it has com- pleted 18 Woodsville on Woodsville Close and Eco Sanctuary on Chestnut Avenue. The lat- ter won the World Gold Award for sustainable development at the Fiabci World Prix d’Excel- lence Awards 2018. Looking ahead, the company seeks to “build our presence in Singapore and will continue The “Rainforest Wing” will house a hammock bay that The two residential wings will be linked by a 330m Additional greenery has been planned for the rooftop, to acquire land for our development activi- is surrounded by greenery treetop walk which will feature a 35,000 sq ft landscaped garden ties”, says Neo. E EDGEPROP | AUGUST 12, 2019 • EP17 EP18 • EDGEPROP | AUGUST 12, 2019

PERSONALITY

Tay: I want people to stop and think when they step in, to appreciate the spatial quality and to enjoy the space. It’s this enjoyment of space that freezes time

PICTURES: JOHN HENG Peter Tay: Beneath the high-gloss veneer

At the peak of his career, the celebrity designer is sought-after by the glitterati, tycoons and top developers. But he takes time to pause and reflect on his life and works

rector David Loh just last month. Tay is in the midst of designing the res- idence for another tycoon, Singaporean bil- lionaire Peter Lim, as well as the residences of his family members.

His signature? A reflective ceiling Increasingly, Tay’s name has surfaced in luxu- ry condos. Upscale projects in the pipeline for launch that will bear Tay’s hallmark include the redevelopment Pacific Mansion by Hong Leong Investment Holdings and GuocoLand; GuocoLand’s Midtown Bay residences at Guoco Midtown on Beach Road and the redevelopment of the former Casa Meyfort; as well as Allgreen Properties’ third and most luxurious develop- ment in its Bukit Timah Collection, Royalgreen (redevelopment of the former Royalville). Other show units he has done include Guo- coLand’s Martin Modern; Lum Chang Hold- ings’ One Tree Hill Collection; Midas Land’s maiden development Jervois Privé; and more recently, the three- and four-bedroom show- flats of Frasers Property’s Rivière. The living room of the Good Class Bungalow at Mount Echo Park with reflective floor designed by Tay In every showflat that he has designed, Tay leaves his signature behind – a high- | BY BONG XIN YING AND CECILIA CHOW | Wang, which is scheduled to be completed refreshed; Singaporean singer Stephanie Sun; gloss reflective ceiling. “It’s my identity,” by end of the month. “It’s going to be a very actress Zoe Tay, and celebrity hairstylist Da- says Tay. “I love the idea of reflection from a eter Tay is often known as the “inte- contemporary, New York-style loft, with ex- vid Gan. Chinese actress Vicki Zhao is also high gloss ceiling.” rior designer to the stars”. His name posed ductwork and of course, my signature said to be a client-to-be. However, not all mirrored or reflective ceil- is linked to celebrity clients such as reflective ceiling,” says Tay in a recent inter- Even tycoons rank among his clients. He ings are Tay’s handiwork. On one occasion, Chinese-American singer Wang Lee- view with EdgeProp Singapore. recently completed the design of a Good Class his good friend, a photographer, had called hom, whose home in Taipei he de- Other celebrity clients include Chinese ac- Bungalow at Belmont Road that was snapped him at midnight: “He asked me, ‘Peter, did Psigned and completed last year. Tay is now tress Zhang Zhiyi, whose penthouse in Bei- up for $39.8 million ($2,653 psf) by Angela you design the McDonald’s in East Coast?’ I designing a new music and film studio for jing Tay designed a decade ago and recently Loh, the former wife of Centurion Corp di- said ‘no’, but he insisted, ‘Don’t bluff, you EDGEPROP | AUGUST 12, 2019 • EP19

PERSONALITY

PICTURES: JOHN HENG

Tay designed the three- and four-bedroom (pictured) showflats at Rivière did McDonald’s at East Coast.’” Puzzled, Tay At United Industrial Corp’s V on Shenton, Beijing and Shanghai too. by taking the red-eye flights. “I will take the drove to the outlet immediately and looked Tay recently completed the show suite of one The new flagship Simmons Gallery at midnight flight so I can sleep on the plane,” at the mirrored ceiling there. of the penthouses and is working on another. Capitol Piazza designed with three individ- he says. “I will fly in to see Wang Leehom “Sometimes design is like that,” he says He is now completing the interiors of a triplex ual sleeping pods – where potential buyers or Zhang Zhiyi and then fly straight back on philosophically. “So, I use a lot of steel now penthouse at South Beach Residences, devel- can test the premium mattresses by taking a the next late-night flight.” in my show flats. And I want to try another oped jointly by City Developments and Ma- 45-minute nap – also features interiors by Tay. According to Tay, his design perspective material – marble. But I’m still trying to fig- laysian conglomerate IOI Group. He is also designing watch brand Richard changed following two momentous events in ure out a way to hang marble on a ceiling.” “I’ve done a lot of penthouses,” Tay reflects. Mille’s office, with a new extension at Ngee his life. The first was a car accident in 2006: Other penthouses he has designed over Ann City on . Tay designed Mano- Tay had crashed his car, a Toyota Supra, into Super penthouses the past decade are: three penthouses at The lo Blahnik’s boutique in Singapore. He also a tree. He was in a coma for three days and Tay was the interior designer for the penthous- Oceanfront in Sentosa Cove; two of the pent- designed Surrender’s flagship store in Shang- required several rounds of reconstructive sur- es at Wallich Residence in Tanjong Pagar Centre houses at St Regis Residences; one at Ardmore hai, which won a gold medal for retail space gery to his face and jaw. including the biggest penthouse – the 21,108 sq Park, Richmond Park, Beverly Hills, Marina in an i-DEA competition in Singapore. That Hence, in addition to his work for the ft, super penthouse recently purchased by Brit- Bay Suites, Scotts HighPark, and the penthouse led to him designing the Surrender boutique glitterati, tycoons and blue-chip developers, ish billionaire-inventor James Dyson. Tay had at The Sail @ Marina Bay purchased in Sep- in and the revamp of the Tay makes sure he takes time to do pro bono done the finishing work for the super penthouse, tember 2008 by entrepreneur and philanthro- one at 268 Orchard Road. design work. So far, he has designed church- which was just a bare shell before it was sold. pist, Bhupendra Kumar Modi. The founder es and centres for the disabled. “It’s important He chose the flooring materials, the kitchen and and chairman of Spice Corp was said to have What keeps him going? because it’s about bringing happiness to peo- bathroom fittings and accessories, kitchen cabine- paid $15.5 million for the 5,834 sq ft simplex Tay maintains a relentless schedule. “I sleep ple,” he says. try and wardrobes. He also incorporated his sig- 11 years ago. at 2am or 3am and wake up at 7am, and Another milestone was when he was named nature reflective ceiling in the triplex penthouse. then I go to work,” he says. “I’ve been do- the Designer of the Year in the Singapore Presi- Tay was also recently appointed the in- Luxury lifestyle brands ing that for many years, and I continue to dent’s Design Award 2014. “It’s the highest ac- terior designer for the biggest penthouse at Tay is also the designer behind many of the do so because I have a lot of very good pro- colade for a designer,” says Tay. “It’s very hard Far East Organization’s Boulevard Vue. The luxury lifestyle brands. He designed the flag- jects coming up and I want to spend time to build a name in design, especially in Singa- 11,098 sq ft, duplex penthouse was sold to ship gallery and office of Swiss kitchen ap- on my designs.” pore. To me, winning the award is just the be- a Chinese business magnate for $52 million pliance brand V-Zug at Scotts Square in Sin- He travels up to three times a week, to ginning. I have more to learn and grow. What’s ($4,686 psf) in June. gapore, and will be designing its galleries in three different cities. And he can only do that CONTINUES ON PAGE EP32

A different view of the lounge of the Good Class Bungalow at Mount Echo Park with Tay’s signature reflective The lounge of the Good Class Bungalow at Mount Echo Park featuring Tay’s trademark reflective ceiling ceiling and feature wall which adds a new dimension to the space EP20 • EDGEPROP | AUGUST 12, 2019

TRANSFORMERS

Kent Ridge Hill Residences: Serene and close to nature

ALBERT CHUA/EDGEPROP SINGAPORE room ground-floor unit was transacted at $1.18 Ridge Hill Residences was conceived as an “in- million ($1,822 psf). According to Oxley, the teresting lux resort”, says Oxley. To this end, sales are “healthy in the current market”, and the project will feature “off-form” concrete and it is “confident that Kent Ridge Hill Residenc- wood “to fit in nicely with its surroundings”. es is a good product and owners will benefit On top of that, the potential of the Great- from owning a unit there”. er Southern Waterfront development is an- other reason that buyers like Kent Ridge Hill Linked to nature parks Residences. “The massive development plans So far, Singaporeans and permanent residents for the Greater Southern Waterfront [will] make up the majority of the buyers at Kent also boost their confidence in the future Ridge Hill Residences. Designed by the ac- value of their purchases,” says Oxley. claimed ADDP Architects, Kent Ridge Hill Res- The unit mix at the development ranges from idences sits on a sloping terrain that is elevat- 474 sq ft, one-bedroom apartments to 1,787 ed 10 metres above street level. Residents will sq ft, five-bedroom-plus-study penthouses. have direct access to the 47ha The strata terraced houses comprise four- and that is right behind the development. Part of five-bedroom units of 1,830 sq ft and 2,067 sq the Southern Ridges trail, Kent Ridge Park is ft respectively. The apartment units on the first also linked to , Mount and top floors will have a high ceiling height Faber Park, Henderson Waves, HortPark and of about 4.7m, while the rest of the units will . have a ceiling height of 2.7m. There will be natural elements at the deve- lopment – such as the Waterfall Water Bed, Strategic location Forest Walk and Hill Trail – that are part of From Kent Ridge Hill Residences, Marina Bay Kent Ridge Hill Residences is a 548-unit, 99-year leasehold development on South Buona Vista Road the 60 over facilities offered there. and Orchard Road are just within an 18-min- Buyers will be able to select one of three ute drive, while Pasir Panjang MRT Station is views for their units – view of the Kent Ridge a nine-minute walk away. | BY BONG XIN YING | ing 498 units, and also boasts 50 strata ter- Park, the Pasir Panjang port or the pool. Of the Mapletree Business City, one-north, Har- raced houses. 548 units, 100 premium units will have views bourfront Centre, the National University of he 99-year leasehold Kent Ridge Hill As of Aug 3, 207 units have been sold, ac- of Kent Ridge Park. Singapore and the National University Hospi- Residences by Singapore-listed prop- cording to caveats lodged with URA Realis. From “Some of the [buyers who are nature lov- tal can be reached within 10 minutes by car. erty developer Oxley Holdings moved the caveats, the average price attained at Kent ers] were immediately in love with the kind “Kent Ridge Hill Residences has one of the 110 out of the 250 released units dur- Ridge Hill Residences is $1,701 psf. The latest of serenity and tranquility that the site offers,” largest land sizes and numbers of units in the ing the first day of its launch last No- transaction at the development was for a 1,830 says Oxley. “Potential buyers are able to view Pasir Panjang area, thus it will definitely trans- Tvember. Kent Ridge Hill Residences, located sq ft, four-bedroom strata terraced house. The the actual site from the sales gallery’s view- form the landed enclave streetscape upon its on South Buona Vista Road, off Pasir Panjang unit was sold for $2.56 million ($1,399 psf) on ing deck.” completion,” says Oxley. The development is Road, comprises 11 five-storey blocks contain- July 27. The day before, a 646 sq ft, two-bed- Building on its proximity to nature, Kent expected to be completed in 2024. E

OXLEY HOLDINGS OXLEY HOLDINGS

Units are maximised for views of either Kent Ridge Park, the sea at Pasir Panjang port, or the pool Kent Ridge Hill Residences was conceived as an “interesting lux resort”, says Oxley SAMUEL ISAAC CHUA/EDGEPROP SINGAPORE CHUA/EDGEPROP ISAAC SAMUEL SINGAPORE CHUA/EDGEPROP ISAAC SAMUEL SINGAPORE CHUA/EDGEPROP ISAAC SAMUEL

The living and dining area of a three-bedroom showflat unit at Kent A one-bedroom showflat unit at Kent Ridge Hill Residences A two-bedroom showflat unit at Kent Ridge Hill Residences Ridge Hill Residences EDGEPROP | AUGUST 12, 2019 • EP21 EP22 • EDGEPROP | AUGUST 12, 2019

TRANSFORMERS

The view of Orchard Road from the balcony of one of the units at The Lumos

KOH BROTHERS The Lumos: Opportunity to capitalise on makeover of Orchard Road

KOH BROTHERS | BY CECILIA CHOW | place, Low feels The Lumos presents “an at- tractive buying opportunity” given its prevail- ast Master Plans revolved around gen- ing selling prices. trification of city-fringe or suburban ar- One street away on Leonie Hill Road is the eas, for instance, Paya Lebar and Jurong 124-unit New Futura, completed and launched East in 2008, the Potong Pasir-Woodle- in 2017. All units except one have been sold, igh area in 2013, and Wood- with units averaging $3,550 psf over the past Plands Regional Centres, as well as new estates three months. such as Bidadari and Tengah, says Ken Low, Even at Amber Park, a new freehold, luxury managing partner of SRI. condo launched in the East, units sold were at “This Master Plan 2019 sees the rejuvena- an average price of $2,567 psf over the months tion of the CBD and Orchard Road as well as of June and July, based on caveats lodged. the expansion of the Greater Southern Water- “This means there’s opportunity to buy re- front including Sentosa Island,” he says. sale units in the Orchard Road neighbourhood The plan for the makeover of Orchard and benefit from any future capital gain with Road into a lifestyle destination that offers the renewal of the precinct,” says SRI’s Low. “an exceptional experience beyond retail” Key proposals announced by the URA in the was introduced in January. It is a collabora- Draft Master Plan 2019, unveiled in March, fo- tion between government agencies such as cused on a more inclusive, sustainable, and re- Singapore Tourism Board (STB), Urban Re- silient city. The Orchard Road shopping belt was development Authority (URA) and Nation- divided into four sub-precincts, namely Tanglin, al Parks Board (NParks), together with the Orchard, Somerset, and Dhoby Ghaut. Land Transport Authority (LTA). Greater connectivity Beneficiaries – people living in The Orchard Road thoroughfare, especially The exterior of the 36-storey, 53-unit The Lumos on Leonie Hill Orchard Road area around the Orchard and Somerset MRT Sta- ALBERT CHUA/EDGEPROP SINGAPORE This should spark further renewal in Singapore’s tions, will remain the main shopping strip it is prime Orchard Road district. “The primary ben- famous for. In order to enliven the pedestrian eficiaries of the Orchard Road makeover are go- malls along the thoroughfare, the Orchard Road ing to be the residents in the area,” says Low. Business Association has introduced experien- It also presents an opportunity for investors tial activities in the form of street performers, and owner-occupiers who want to gain a foot- pop-up F&B and retail outlets, as well as arts hold on Orchard Road and enjoy the possibility and entertainment events. of future capital upside, says Low. In March, he Construction is underway at the upcoming brokered the sale of a 1,755 sq ft, three-bedroom Orchard Interchange MRT Station for the Thom- unit at The Lumos on Leonie Hill in prime Dis- son-East Coast Line located adjacent to Ion Or- trict 9 for $4.4 million ($2,509 psf). chard. It will be seamlessly integrated under- A freehold, 53-unit condo in a 36-storey ground with the existing Orchard MRT Station tower, The Lumos was designed by award-win- on the North-South Line. ning, London-based architecture firm SMC Al- Future mixed-use developments will be sop and completed in 2011. built at the site of the upcoming Orchard In- The Lumos is a two-minute drive from Or- terchange MRT Station, similar to Ion Orchard The pedestrian mall outside Ngee Ann City, where experiential activities include street performers, pop-up F&B chard Road shopping malls such as Ngee Ann and The Orchard Residences, which sit on top and retail outlets, as well as arts and entertainment events City and Mandarin Gallery, and a three-min- of Orchard MRT Station. ute drive to the malls at the Somerset area. There will be increased connectivity between In line with the renewal that is underway, new lifestyle offerings as part of the Orchard If one prefers to walk, it will take about 11 these new developments through side-streets. older buildings along Orchard Road are incen- Road makeover should increase the rentabili- minutes. Elevated link bridges will also be introduced to tivised to be redeveloped through enhanced ty of units at The Lumos,” says Low. “Expatri- increase accessibility at busy road junctions, plot ratio, says SRI’s Low. ates already like the apartments there because ‘Attractive buying opportunity’ especially at the junction of Orchard Road and “The increased accessibility when the up- of the generous balconies with views of Or- With the Orchard Road rejuvenation taking Paterson Road. coming MRT stations are completed and the chard Road.” E EDGEPROP | AUGUST 12, 2019 • EP23 EP24 • EDGEPROP | AUGUST 12, 2019

TRANSFORMERS

Located on Jalan Remaja in District 23, Mont Botanik Residence overlooks the Hillview Garden Estate, a low-lying spread of landed properties

PICTURES: TUAN SING HOLDINGS Mont Botanik Residence: A freehold gem in Hillview

| BY BONG XIN YING | pools, namely the main 25m pool, a kid’s pool, the latest being a 700 sq ft, two-bedroom unit to go home to after a day of work, so they feel and a fun play pool, to cater to every age group. that changed hands for $1.1 million ($1,555 that this location is suitable because it is se- he freehold Mont Botanik Residence, on psf) on July 21 this year. So far, the highest psf rene and yet not too far away from town,” the Jalan Remaja in District 23, is set to in- Appealing to owner-occupiers price achieved at the development was for a spokesperson adds. The sky gardens are also ject a fresh lease of life into the private At Mont Botanik Residence, only two- and 776 sq ft, two-bedroom-plus-study unit, which one of the purchasing factors. residential enclave of the Hillview Es- three-bedroom units are offered, to encourage was sold for $1.6 million ($2,061 psf). The condo is near schools like CHIJ Our tate. Expected to be completed in 2022, people to purchase for their own stay, and to Mont Botanik Residence has seen a good mix Lady Queen of Peace, Bukit Panjang Primary Tthe project is developed by mainboard-listed appeal to those looking to upgrade and fam- of families with school-going children, young School, St Francis Methodist School, Swiss Cot- Tuan Sing Holdings, which was established in ilies looking to stay in a more spacious unit. couples, and also first-time homebuyers, says tage Secondary School, Singapore University 1969. Tuan Sing is a recognised property de- According to caveats lodged with URA Rea- the Tuan Sing spokesperson. “The young cou- of Social Sciences, and Singapore Polytechnic. veloper of quality residential, commercial and lis, 10 units have been transacted thus far, with ples say they just want to have a quiet space industrial properties in Singapore and China. Nature and connectivity Mont Botanik Residence is flanked by a few Urban oasis in Hillview nature parks and reserves, namely the 163ha The condo is designed by AGA Architects, Bukit Timah Nature Reserve, Na- which has won multiple awards over the years. ture Park, and where Comprising 108 exclusive units in two 10-sto- the Little Guilin lake is, making it the perfect rey blocks, Mont Botanik Residence occupies place for nature lovers. Bukit Batok Nature a 43,557 sq ft site and overlooks the Hillview Park is just a seven-minute walk away from Garden Estate, a low-lying spread of landed the development. properties. This means that its residents can The condo is also well-connected to the enjoy unblocked views of the Hillview area. Bukit Timah Expressway and Pan Island Ex- “Even if you’re not purchasing a unit facing pressway. HillV2, a mixed-use development, the greenery or the open view, [residents can The freehold Mont Botanik Residence comprises 108 is a one-minute drive away and offers a vari- enjoy the view] from the sky terraces or roof- exclusive units in two 10-storey blocks ety of F&B options. E top,” says a Tuan Sing spokesperson. Conceived as an urban oasis, the develop- ment’s two blocks will be linked by a series of communal sky gardens on every level, where greenery is injected into the landscape design. This allows the developer to maximise views of the surrounding area. At Mont Botanik Residence, there is a 25m in- finity pool on the rooftop, which is also a jacuz- zi pool that boasts views of the Hillview area. There are also two barbecue pits on the roof Conceived as an urban oasis, the two blocks will terrace, which residents could use for gather- be linked by communal sky gardens on every level, Residents can enjoy facilities such as pools, garden On the rooftop, there is a 25-metre jacuzzi pool, ings. On the first level, the condo will have three where greenery is injected into the landscape design terrace, and barbecue pits with views of the Hillview area EDGEPROP | AUGUST 12, 2019 • EP25 EP26 • EDGEPROP | AUGUST 12, 2019

TRANSFORMERS Parc Komo: Reviving the rustic charm of Changi

CHIP ENG SENG CORP | BY AMY TAN |

hen Chip Eng Seng Corp pre- viewed the freehold Parc Komo over the Vesak Day long week- end on May 18, the project drew a crowd of more than 3,500 in- Wterested buyers. A redevelopment of the for- mer Changi Gardens along Upper Changi Road North, the project was launched at an average price of about $1,450 psf, making it the most affordable newly launched freehold property in the market today. “The rustic charm of Changi and the excit- ing masterplan for the area are major draws for Parc Komo,” says Raymond Chia, group CEO of Chip Eng Seng. These attributes led the listed construc- tion and property development group to pay $248.4 million for the en bloc purchase of Changi Gardens in October 2017. While this price was at a 27% premium to the owners’ original asking price of $196 million, Chip Eng Seng has kept Parc Komo “attractively priced to enable homebuyers to realise their aspira- tions of owning a freehold residence”. Parc Komo has 10 five-storey blocks with 276 apartments and 28 retail units on two floors fronting Upper Changi Road North ‘Idyllic coastal setting’ The project has 10 five-storey blocks with 276 CHIP ENG SENG CORP apartments and 28 retail units on two floors also poised to benefit from the upcoming re- will also enjoy the Coastal Park Connector, fronting upper Changi Road North. The re- juvenation of Changi in the URA Draft Mas- part of the planned Round Island Route, a tail units will not be offered for sale as the ter Plan 2019. In the coming years, the region continuous 150km corridor that completely developer wants to have better control of the will see several transport enhancements and encircles Singapore. Recently completed, the tenant mix. Chia highlights that Parc Komo more jobs created. route offers a jogging or cycling experience is the only mixed-use development in the vi- A 1,080ha plot of land east of the present against the backdrop of planes departing and cinity and offers residents conveniences and Changi Airport has been earmarked as the landing at Changi Airport. The extended Tan- lifestyle offerings at its doorstep. site of the airport’s next major development. ah Merah Coast Road also offers a 10km on- “Parc Komo draws influence from Changi’s The plot includes the upcoming Terminal 5, road cycling lane. idyllic coastal setting, evoking vibes of relax- the Changi East Industrial Zone, the Changi ation and serenity. Its design rides on the lat- East Urban District and other aviation sup- Attractive pricing est lifestyle trend towards overall wellness, port and ground transport infrastructure. This Even with these upcoming amenities, the de- The project’s design draws influence from Changi’s as we sought to inject a sense of mindfulness will complement the opening of Jewel Changi veloper has launched Parc Komo at an average idyllic coastal setting, evoking vibes of relaxation and serenity into the theme of the development,” he says. Airport earlier this year, providing both locals price of $1,450 psf. “Such pricing for a new To this end, Chip Eng Seng decided to build and travellers with a mix of attractions, shop- freehold project is very difficult to repeat. A lot just 276 residential units instead of 330 units ping and dining experiences. of leasehold projects are already priced above five storeys, unlike most of the other condos under the URA guidelines in order to retain Elsewhere, Changi Point, where the current that,” says Chip Eng Seng’s Chia. in the area which are high-rise. “Being mixed- the “laid-back feel of the development”. Lim ferry terminal is located, is known for its lush Unit sizes range from 452 sq ft for a one-bed- use with the convenience of the future retail Koon Park, founder and principal of Park+As- coastal setting, rich biodiversity and military room apartment to 1,905 sq ft for the largest and F&B outlets, it’s ideal for both owner-oc- sociates, is the design architect for Parc Komo, heritage, and will see new recreational activities five-bedroom penthouse. As of Aug 5, the pro- cupiers and investors who are planning to rent while Salad Dressing is the landscape archi- introduced to enhance the charm of the area. ject is 40% sold, with all the one-bedroom units out their units,” he shares. tect for the project. When it comes to connectivity, residents fully sold during the launch weekend. Prices According to him, over 80% of the buy- at Parc Komo can look forward to the new for the balance units start from $881,000 for ers are Singaporean, with the majority cur- Rejuvenation of Changi Loyang MRT Station on the upcoming Cross a one-bedroom-plus-study to $2.56 million for rently staying in the vicinity. As such, they While Parc Komo’s design focuses on over- Island Line, which will be a nine-minute a five-bedroom penthouse. are familiar with the neighbourhood and like all wellness for its residents, the project is walk from Parc Komo. Exercise enthusiasts Chia adds that Parc Komo is low-rise at just the location. E

ALBERT CHUA/EDGEPROP SINGAPORE ALBERT CHUA/EDGEPROP SINGAPORE

The two-bedroom show unit The living and dining area of the five-bedroom show unit EDGEPROP | AUGUST 12, 2019 • EP27 EP28 • EDGEPROP | AUGUST 12, 2019

TRANSFORMERS

Park Colonial comprises six 14- to 15-storey blocks sitting on a site area of 210,404 sq ft, and will be completed in 2022

PICTURES: CEL DEVELOPMENT Park Colonial: Tranquillity meets convenience

| BY BONG XIN YING | homeowners and real-estate investors alike,” the 10ha will form a “green lung” which have stakes of 60%, 20% and 20% in says Raymond Chia, group CEO of Chip Eng that features Alkaff Lake, a heritage walk, 6km the joint venture respectively. The trio were also ocated between Potong Pasir and Seran- Seng Corp. of wooded experiential trails and a playground partners for the 1,390-unit High Park Residenc- goon, the Woodleigh estate was previ- with a 5m-tall treehouse. The park will be de- es at Fernvale Road. The project was 90% sold ously characterised as a quiet neighbour- Adjacent to Bidadari veloped progressively and completed by 2022. on the first weekend of its launch in July 2015, hood with several old condo projects and In addition to being next to the Woodleigh MRT Meanwhile, Bidadari Greenway was con- and fully sold within 12 months. a Salvation Army building that housed Station, Park Colonial is adjacent to the up-and- ceived for Bidadari to be a car-lite district with La thrift store. The area last saw the launch of coming Bidadari town. First unveiled in 2014, a network of cycling paths and pedestrian lanes. Catering to buyers a private condo in 2009. the Bidadari Estate Master Plan envisaged the The cycling paths will connect the area to the To replicate this success, the consortium is offer- In July 2017, a consortium comprising CEL Bidadari town to be the next Bishan with its Connector in the south, and Sungei ing a range of 805 one- to five-bedroom apart- Development (the property investment and de- city-fringe location. Serangoon and in the north. ments. About 21% of the units are one-bed- velopment arm of Singapore-listed Chip Eng To provide greater accessibility, three new To commemorate Bidadari’s history, HDB room and one-bedroom-plus-study units that Seng Corp), Heeton Holdings and KSH Hold- roads – Bidadari Park Drive, Alkaff Crescent has designed a 700m tree-lined heritage walk range from 463 to 506 sq ft. Two-bedroom units ings paid $700.7 million, or $1,100 psf per plot and Woodleigh Link – have been opened. In that will cut across the park and link Woodle- make up 41% of the units, and range from 507 ratio (ppr), for a residential development site addition to these roads, residents at Park Colo- igh MRT Station to a new Memorial Garden that sq ft for a two-bedroom classic unit to 743 sq on Woodleigh Lane. nial and Bidadari will have access to the Cen- recounts the area’s history. Bidadari was once ft for a two-bedroom dual-key unit. Three-bed- The 99-year leasehold site was purchased in tral Expressway and Pan Island Expressway, home to the Alkaff Lake Garden built in 1929 room units of 915 to 1,066 sq ft will make up a government land tender and is within walk- which are just minutes away. By car, residents by the prominent Alkaff family. another 27% of the units. Four-bedroom units, ing distance to Woodleigh MRT Station, off Up- can reach the Orchard Road shopping belt with- including deluxe units of 1,184 to 1,410 sq ft, per Serangoon Road. In 2018, the consortium in 10 minutes and the CBD within 15 minutes. Inspired by colonial houses will make up 7.5% of the project or 60 units. launched the 805-unit Park Colonial on the site. For those who prefer to travel by pub- Chip Eng Seng’s Chia shares that likewise, Park Five-bedroom units of 1,712 sq ft that come To date, the project is more than 80% sold. lic transport, Woodleigh MRT Station on the Colonial’s design pays homage to Woodleigh’s with private lift access will total just 29 units “When we were looking at the land parcel, North-East Line is one stop away from Seran- past. “We saw the opportunity for us to design in the project. at that time, Singapore’s residential property goon MRT Station. The latter is an interchange something that is unique. Inspiration was taken The one-bedroom units are sold out. Prices market was experiencing an uptick in senti- station serving both the North-East and Circle from the quaint but stately estate of Woodleigh for two-bedroom units start from $1.204 mil- ment, and we were confident that Park Colo- Lines. From Woodleigh MRT Station, Dhoby Park, one of the sites of Singapore’s rare black- lion, while the five-bedroom units are priced nial would be well-received among first-time Ghaut MRT Interchange Station, which serves and-white colonial houses,” he shares. from $2.78 million. the North-East, North-South and Circle Lines, The result is a colonial-inspired design that Park Colonial will be completed in 2022. is just five stops away. is reminiscent of “the lifestyle of noblemen and According to Chia, over 80% of the buyers Moreover, Singapore’s first underground, ladies back in the old days where parties were are Singaporeans with the majority current- air-conditioned bus interchange will be located held in private clubs, afternoon tea was enjoyed ly staying in the vicinity. Permanent residents next to Woodleigh MRT Station. The upcom- in beautiful manicured gardens and pavilions”. and foreigners make up the rest of the buyers. ing Woodleigh Mall across the road from Park Designed by ADDP Architects, Park Coloni- He adds that most buyers of Park Colonial are Colonial will also provide residents with the al comprises six 14- to 15-storey blocks spread owner-occupiers. convenience of retail and F&B outlets nearby across the 210,404 sq ft site. The project has Chia says that aside from its access to trans- while retaining the quiet ambience of home. more than 50 facilities, including the clubhouse, port links and amenities at the upcoming Bida- which is the centrepiece; a cantilevered, 50m dari estate, Park Colonial is within the vicinity Green haven lap pool; lawns; courtyards; nature trail; and of good schools such as Cedar Girls’ Secondary Accessibility aside, Park Colonial will also be children’s play area. School, Maris Stella High School, Saint Andrew’s close to a new park that will be developed in the This is not the first collaboration between Village, Nanyang Junior College and Stamford Bidadari estate. In May, HDB announced that Chip Eng Seng, Heeton and KSH Holdings, American International School. E The bathroom of a five-bedroom unit at Park Colonial

Five-bedroom units of 1,712 sq ft that come with Parties and gatherings can be held at the various At the flower garden at Park Colonial, residents can The project has more than 50 facilities, including a private lift access will total just 29 units in the project pavilions at Park Colonial enjoy their afternoon tea cantilevered, 50m lap pool EDGEPROP | AUGUST 12, 2019 • EP29 EP30 • EDGEPROP | AUGUST 12, 2019

TRANSFORMERS

Riverfront Residences: River views and upcoming rejuvenation

PICTURES: SAMUEL ISAAC CHUA/EDGEPROP SINGAPORE | BY AMY TAN |

ocated on Hougang Avenue 7, Riverfront Residences has been creating a buzz among HDB upgraders in the vicinity. Until the launch of Riverfront Residenc- es in mid-2018, there has been no new Llaunch of a private condo in the area for more than three years. Riverfront Residences has a total of 1,472 units, comprising nine 17-storey blocks of one- to five-bedroom apartments, 21 stra- ta landed houses and six strata shops. Four- and five-bedroom premium units at the pro- ject come with private lift access. The project occupies the site of the former Rio Casa, a 286-unit privatised HUDC estate. The site was purchased en bloc by Oxley Hold- ings and its joint-venture partners KSH Hold- ings, SLB Development (listed property devel- opment arm of Lian Beng Group) and Apricot Capital (investment arm of the Teo family of Super Group). The purchase price of Rio Casa in May 2017 was $783 million, translat- ing into a land rate of $706 psf per plot ratio. This included the differential premium and lease top-up premium. Riverfront Residences has a total of 1,472 units, comprising nine 17-storey apartment blocks, 21 strata landed houses and six strata shops “The existing developments along Hou- gang Avenue 7 are over 10 years old. River- front Residences with its modern glass cur- ic clubhouses, three swimming pools, yacht er, the project is close to several neighbour- When the first phase is completed in 2029, tain wall façade will change the streetscape deck-inspired balconies, co-working spac- hood parks and precinct parks. Residents in Hougang MRT Station will become an inter- of this road and inject a new lease of life and es, and a fully-fitted gourmet kitchen. Ox- Hougang also have access to the North-East- change station serving both the North-East vibrancy,” says Oxley. ley adds: “Basically, we put ourselves in the ern Riverine Loop (NERL) park connectors. Line and CRL. Riverfront Residences is within shoes of our potential buyers, envision their The NERL will eventually become part of the walking distance to Hougang Station. Facilities to match every lifestyle lifestyle and make provisions in the develop- 150km-long Round Island Route that goes With the completion of the CRL, residents As the Oxley-led consortium had purchased ment to match.” around Singapore. will have easy access to Jurong Lake District, the site before land prices ran up, it is able While most of its buyers are from the Meanwhile, more jobs will be created at the Punggol Digital District (PDD) and the Changi to price units at Riverfront Residences com- North-East Region, Oxley states that “due to nearby Defu Industrial Park as announced in region. Residents at Riverfront Residences can petitively. Based on URA Realis data, 1,200 its affordable and attractive product offering, the URA Master Plan. The redeveloped estate look forward to more jobs offered closer to units have been launched for sale as of end- Riverfront Residences has attracted buyers will also offer a more attractive work envi- home with the upcoming PDD. The district June. Among these, 1,052 units have been from all over the island [even from] Jurong”. ronment with features such as a cycling net- will house key growth sectors such as cyber sold. In the month of June, average psf price Being a mature estate, Hougang features a work and an amenities centre. security, digital technology and other tech- achieved at the project was at $1,307. Ac- host of amenities. Within a short drive from New jobs will also be created at the up- nologies that will drive Singapore’s Smart cording to Oxley, prices of some units still Riverfront Residences are several shopping coming Lorong Halus Industrial Park close Nation push. start at more than $1,100 psf. malls – Hougang Mall, Hougang 1, Heart- to Riverfront Residences. It is conceived as The PDD will be the first mixed-use dis- With its location in the vicinity of the HDB land Mall, Compass One, and Nex. The CBD a new-generation industrial park targeted at trict with commercial and business park spac- estates in Hougang, Upper Serangoon View, is just a 22-minute drive from Riverfront light and clean industries such as food, life- es. It will also include Singapore Institute of Punggol and Sengkang, Oxley says the bulk Residences. Schools located within 1km of the style and logistics. Technology’s new campus, fostering collab- of buyers are HDB upgraders. project include CHIJ Our Lady Of The Nativ- Currently, Hougang is served by two MRT oration between industry and academia. The “It is the holistic approach that River- ity, Holy Innocents’ High School, Serangoon stations – Kovan and Hougang – as well as a PDD is scheduled to open in 2023, and will front Residences has [whether it’s] price, fa- Secondary School and Punggol Primary School. bus interchange. Earlier this year, the Land be part of the North Coast Innovation Corri- cilities, layout or location. They all add up Transport Authority announced plans for the dor, aimed at tech firms. nicely, making the buying decision an easy Beneficiary of upcoming developments first phase of the Cross Island Line (CRL), With these upcoming amenities, Oxley be- one,” says Oxley. According to Oxley, the consortium was drawn Singapore’s eighth MRT line and its longest lieves that Riverfront Residences will appeal Riverfront Residences boasts over 100 to the Riverfront Residences site by its stun- fully underground line. When fully complet- to homebuyers. “Besides the fundamentals condo facilities to cater to the needs of resi- ning river views. The project features views ed, it will serve existing and future develop- like location and amenities, what is impor- dents. Designed by award-winning architect of Sungei Serangoon, a river in the north-east- ments in the eastern, western, and north-east- tant is that the site can also generate future ADDP Architects, the project has three icon- ern part of Singapore. In addition to the riv- ern corridors. upside for our buyers,” says Oxley. E

The living area of a one-bedroom show unit The living and dining area of a three-bedroom show unit The master bedroom of a four-bedroom show unit EDGEPROP | AUGUST 12, 2019 • EP31 EP32 • EDGEPROP | AUGUST 12, 2019

PERSONALITY

The three-bedroom showflat at Jervois Privé designed by Tay PICTURES: JOHN HENG

FROM PAGE EP19 I really tried my best. He asked me to draw a tralia (UWA), also produced top architects: to AA, which was a top design school. But important to me is my love for design.” bird, but I couldn’t even draw the shape of a Kerry Hill graduated from UWA in 1968 and his father encouraged him to attend the in- Instead of expanding abroad, Tay wants to bird,” Tay relates. “When I walked out of the his son was Tay’s schoolmate. Richard Has- terview anyway. establish a strong foundation in Singapore, classroom, I told myself, I will never do de- sell – co-founder of Singapore-based WOHA “The interview was in a small room with his home market. “I want to do better, more sign for the rest of my life.” – also hails from UWA. five top architects,” says Tay. “I brought my beautiful and meaningful projects,” he says. When he graduated from Temasek Junior At the end of his first year at UWA, Tay portfolio, but they didn’t even want to look at He recounts the reaction of his second- College with flying colours, Tay faced another went to see his professor to find out how he my work. They asked me: ‘What do you do on ary school friends from Dunman High when dilemma: Which course to take at university? had fared. “He asked me to close the door Sundays?’ Most people would say they go to they heard he won the Singapore President’s “I could get into medicine, law, accounting, and to sit down. Recalling what happened the bookstore to look at books on design and Design Award. “They said, ‘Wow, this guy business and architecture,” he says. “Every- at Dunman High, I asked him if I had failed architecture, or walk around to look at build- can’t draw. And now he is an award-win- one had already submitted their applications the year, and he said ‘no’. I asked if I had just ings. But I didn’t think I was going to get in, so ning designer.’” except me. And I had only five minutes left passed, he said ‘no’ again. I asked him if I I said what came straight from my heart: ‘I do to submit mine.” was somewhere in the middle, he said ‘no’. nothing at all. I just sit at the beach and look at The architect who can’t draw He decided to choose his course by cast- He said, ‘Peter, you’re the best in the school.’ the sea, the sky and the birds.’ But at the end of Tay admits he still can’t draw today. “My staff ing lots: He wrote the different courses down And he proceeded to write a letter of recom- the interview, they told me I was in.” all know I can’t draw,” he says. He remem- in five small pieces of paper, folded them up mendation for me to go to AA [The Archi- bers one Thursday afternoon in Dunman High and picked one at random. “When I picked tectural Association School of Architecture Honing his craft School, when his teacher had asked him to it up, I said to myself, ‘Gosh, architecture’, in London], for an interview.” Tay’s inspiration comes from the likes of Jiro stay back after everyone had left the classroom so I did architecture.” Tay recalls going home and relating the Ono, the 93-year-old sushi chef whose res- at the end of art class. “He said, ‘Peter, you However, he soon found out that the uni- exchange to his father. Tay was concerned taurant, Sukiyabashi Jiro, has been award- can’t draw. How can we help you?’ I told him versity he was at, University of Western Aus- that his parents could not afford to send him ed three Michelin stars for the past 11 years. The restaurant in Ginza is where it has al- ways been, near the train station, where Jiro first opened it in 1965. “It’s still in an old office space and he doesn’t want to expand and he doesn’t want to move,” says Tay. Apparently, there is a wait- ing list of up to 500 people, and the restau- rant has a capacity of 10 guests. Tay laments that he still can’t get a seat. What is more striking for Tay is that Jiro is still behind the sushi counter and that he still visits the Tsukiji fish market at 5am every morning to select the fish for his restaurant. “You can really see his love, and the dedica- tion to his work,” he says. “And he is a three- Michelin-star chef. This is real passion, which is something I must learn.” Tay intends to release his second book en- titled “Reflections” next year. “It’s not just my reflections on my work but my life over the past 50 years,” he says. “It’s also about how the car accident in 2006 changed me and made me stop to look at what’s impor- tant in life.” And that is also something that he in- corporates into his designs: “I want people to stop and think when they step in, to ap- preciate the spatial quality and to enjoy the space,” he says. “It’s this enjoyment of space The light reflected from the swimming pool and ceiling of a bungalow on Goodman Road designed by Tay that freezes time.” E EDGEPROP | AUGUST 12, 2019 • EP33

BUKIT TIMAH

The original name of the area was Bukit Temak, meaning "hill of temak trees", a tree that grew on the hill's slopes. Bukit Temak became Bukit Timah due to the enunciation of the Malay word HILLVIEW ‘Temak’ which sounded like ‘Timah’ to the British. Hillview is home to the Old Factory, the very site at which the British surrendered to the Japanese during World War II.

KATONG TANJONG PAGAR MARINE PARADE

Gordon Ramsay came to Singapore to Tanjong Pagar used to be the On top of the famous 328 Katong Laksa, Bee compete in a Katong Laksa challenge, and lost hub for agricultural activities in the Bee Carrot Cake (which is Schooling's favorite) to the local chef of 328 Katong Laksa! 1st half of the 19th century. is also a hit with residents.

ORCHARD TANGLIN PASIR RIS

Orchard Road used to be home to Gluttons In 1980, Tanglin was designated as a Good Pasir Ris means “white sands” in Malay and Square, a night market where oyster omelette Class Bungalow (GCB) area, where many describes the long stretch of white sandy & char kway teow used to go for under $1. exclusive and elaborate houses can be found. beach lining Pasir Ris Beach.

Visit our website or scan the QR code below to rediscover So much more, Singapore!

EP34 • EDGEPROP | AUGUST 12, 2019

PROPERTY BRIEFS

ET&Co sees sales of auction properties hit nearly $20 mil in July

| BY CHARLENE CHIN | prices increased in the past year across the Finland Gardens is a freehold development The corner terrace house sold at 11 Pena- island, buyers are now turning to the auc- by Highland Developments and was complet- ga Place, in Sembawang, is on a land area of ales for five auction properties under Ed- tion listings, probably in hopes of snagging ed in 1984. A walk-up apartment that com- 2,779 sq ft. It has five bedrooms across three mund Tie & Co’s (ET&Co) auctions in July good deals,” notes Tan. “The auction is also prises 48 units in two three-storey blocks, the storeys, and a private lift. Stotaled almost $20 million. a more transparent negotiation process in development offers only three- and four-bed- Meanwhile, a 614 sq ft two-bedder on Four of these properties – condo units at which bidders are more comfortable to put room units, with sizes ranging from 1,324 sq the second floor of Leville iSuites, on Cey- Cairnhill Plaza, Finland Gardens, and Leville in their bids progressively.” ft to 1,916 sq ft. lon Road in Katong, is the fourth property iSuites, as well as a three-storey corner terrace The property at Finland Gardens, on East At Cairnhill Plaza, the unit that was sold sold before auction. It is within a 15-minute at Penaga Place – were actually sold before Coast Avenue, is a 1,324 sq ft, duplex pent- is a 3,305 sq ft, four-bedroom corner unit, walk to Tao Nan School and Tanjong Katong the auction date, according to Joy Tan, head house unit with two bedrooms. The top- with the largest layout in the development. Primary School. of auction and sales at ET&Co. This marks floor unit has split levels and was original- It is part of an estate sale. The home has pri- “We do see a slight improvement in the the first time this year that ET&Co has sold so ly a three-bedroom unit: one bedroom had vate lift access, is spacious and enjoys good market this month, a year after the latest many properties before the auction was held. been opened up to enlarge the dining and ventilation and natural light. cooling measures were introduced on July The buyers were Singaporeans looking for dry kitchen area. It was previously purchased on the resale 5, 2018,” comments Tan. “There is a lot of places for their own stay, shares Tan. The unit went through a major renovation market for $3.05 million ($923 psf) in Janu- pent-up demand in the market, and after a The fifth property, which was sold under about three years ago, which cost the former ary 1997, according to a caveat lodged with year, buyers may have finally come to terms the hammer, was a factory unit, at 8 Kaki owners about $300,000, shares Tan in an ear- URA. Larger units at Cairnhill Plaza on higher with it.” She also foresees interest from for- Bukit Avenue 4, off Bartley Road East. It is lier interview with EdgeProp Singapore. It is floors are “seldom available on the market”, eigners looking for investments opportunities zoned for B2 industrial usage with a floor area “tastefully designed to feature a unique & Tan had previously pointed out. in Singapore “in view of the current politi- of 3,079 sq ft. The factory includes a toilet quaint pitched-roof”, with a double-volume Cairnhill Plaza is within proximity to Or- cal and economic situations in neighbour- and two private carpark lots. It lies opposite ceiling of about 5.5m for both levels, she adds. chard MRT Station and Newton MRT Inter- ing countries”. a food court and is near a lift lobby. Quality finishes are utilised, such as flooring change Station, giving its residents access to Tan expects more transactions to occur. “We Tan believes that the higher property pric- from riceLAB and lighting from Foscarini, ap- the North-South and Downtown Lines. Par- are still in negotiations with some buyers, and es in the residential market have led to a rise pliance brands like Toto and Hansgrohe, and agon Shopping Centre and Paragon Medical hope to conclude some more transactions be- in sales under auction listings. “As market professional kitchen appliances from Brandt. are also within close walking distance. fore our next auction on Aug 28,” she says. E

ET&CO ET&CO

At Cairnhill Plaza, the unit that was sold is a 3,305 sq ft, four-bedroom corner unit The property sold at Finland Gardens is a 1,324 sq ft, duplex penthouse unit with two bedrooms

Gaw Capital USA, DJM snap upgrade the retail hub, rework the integrated resort development, com- and co-working spaces spread across cepts and dining destinations, as well up LA entertainment complex common areas and incorporate new prises a collection of studios, and the development, as well as rooftop as the Laguna Phuket Golf Course. The Hollywood & Highland retail concepts. Renovations will start one- and two-bedroom condos from facilities such as an infinity-edge group operates 49 hotels and resorts, Real estate players Gaw Capital USA in 2020 and finish in 2021. 301 to 646 sq ft, across three low-rise pool with a jacuzzi, a running track, 63 spas, 75 retail galleries, and three and DJM have jointly acquired Hol- buildings housing 140 units each. The large BBQ area, spacious sky deck, golf courses in 23 countries. lywood & Highland, the LA entertain- Banyan Tree launches Skypark, freehold residential property is devel- yoga space and open lawn. Mean- Owners whose properties are man- ment and retail centre, for an undis- Phuket project in Singapore oped by Laguna Resorts & Hotels un- while, a stand-alone service build- aged under a hotel-branded rental closed sum. International hotel operator and de- der the Banyan Tree Group. ing will have a convenience store, scheme may also exchange part of Gaw Capital USA is an affiliate of veloper Banyan Tree Holdings will Skypark is within vicinity to Bang café, reception, concierge service their annual entitlement for a compli- Hong Kong private equity fund Gaw launch its 42nd project in Phuket, Tao Beach, and a variety of lifestyle and storage lockers. mentary stay at any destination with- Capital Partners, which last week ac- named Skypark, in Singapore on and dining options such as the Boat Homeowners at Skypark will en- in participating locations. quired a partial stake in Singapore’s Aug 17 to 18. Avenue shopping complex, as well as joy complimentary membership of Homeowners at Skypark will get DUO Tower and DUO Galleria, com- The showcase will be held from the upcoming Central Porto de Phuket The Sanctuary Club, Banyan Tree’s to choose from a range of furnishings prising premium Grade-A offices, a 11am to 6pm at Hilton Singapore, and boutique and dining complex. property owners’ programme. Benefits and appliances. Foreign freehold own- retail component, the 660-unit DUO will offer buyers an early bird incen- Residents will enjoy views over- include privileges across the Banyan ership is available, subject to terms Residences and Andaz hotel. tive of up to $34,000 in value. looking the Laguna Phuket Golf Tree global network, comprising ac- and conditions, states Banyan Tree. The partners have described the Skypark, within the Laguna Phuket Course. There will also be co-living cess to hotels and resorts, retail con- — Compiled by Charlene Chin acquisition as the “largest sale of retail space” outside Manhattan since early 2017, when a Las Ve- gas shopping centre was sold for US$389 million. TREE BANYAN

Built in 2001, Hollywood & High- DJM CAPITAL, GAW land spans 463,000 sq ft on a 7.6- acre (3ha) site. The property, previ- ously owned by CIM Group, includes the Dolby Theatre, where the Acade- my Awards are held. CIM will retain ownership of the theatre. Hollywood & Highland sits at the crossroads of Hollywood Boulevard and Highland Avenue, adjacent to the TCL Chinese theatre. Gaw Capital Skypark comprises a collection of studios, and one- and two-bedroom condominiums USA and DJM plan to renovate and Built in 2001, Hollywood & Highland spans 463,000 sq ft on a 3ha site across three low-rise buildings

EDGEPROP | AUGUST 12, 2019 • EP35

PROP HUNT CLASSIFIEDS

Properties for Sale  Scan QR code for more details  To be featured, email [email protected] or call 8822-2997

$7,800,000 $5,400,000 Semi-Detached House Semi Detached House D10 HOLLAND GROVE DRIVE | Freehold D19 SERANGOON GARDEN ESTATE | 999 years Built-Up(sqft): 7,000 | Land(sqft): 3,850 Built-Up(sqft): 6,098 | Land(sqft): 3,500 PSF: $2,026 PSF: $1,543 Stunning Semi D situated near the quiet enclave of In the Heart of Serangoon Garden! You’ll find a home Holland Grove area. Design is very spacious in the $39,888,888 Michael Ciola that’s tasteful & modern. 2.5 storey + Basement. 7+1 Good Class Bungalow ORANGETEE & TIE PTE LTD living rooms as well as the bedrooms. Within 1km to bedroom. Swimming pool. Lift to all floor. Quality R012594Z Henry Park Pri Sch, mins walk to nearby amenities, and luxurious finishing. Huge master bedroom with D10 JERVOIS HILL | Freehold  65 9475 4785 park connector and MRT stations. Kindly contact designer bathroom and functional walk in wardrobe. Built-up(sqft): 11,000 | Land(sqft): 15,191 | PSF: $2,626 Lindy @94554388 for an exclusive viewing now! Designer kitchen. Completed in 2016! Stunning GCB on the Peak of the Hill that offers unblocked breathtaking View!Located in the Top 5 GCB areas and Embassy Belt. Near to Orchard Rd,Tanglin,Grange,Bishop Road. Unblocked views of Lindy Lee Kent Tan ORANGETEE & TIE PTE LTD HOME GURU PTE LTD Singapore & cityscape. With 8 Bedrooms,7 Bathrooms,3 storerooms,Park 5 cars,21 m lap pool.Enjoy R049099J R023645H your own rooftop Gym & Sauna. A masterpiece not to be MISSED! Call Michael Ciola @94754785.  65 9455 4388  65 9777 6777

$3,799,000 $2,550,000 $1,990,000 $5,500,000 Semi-Detached House The Crest Thomas Three Alexandra Central - Shop D20 BRIGHT HILL DRIVE | 99 years D3 ALEXANDRA ROAD | 99 years D19 TAI KENG GARDEN | Freehold D3 PRINCE CHARLES CRESCENT | 99 years Size(sqft): 1,410 | PSF: $1,411 Size(sqft): 915 | PSF: $6,011 Built-Up(sqft): 4,160 | Land(sqft): 2,480 Size(sqft): 1,249 | PSF: $2,042 Bedroom: 3 PSF: $1,532 Bedroom: 3 Brand New completed Semi-Detached at Tai Keng Rare 3+1 Resale Unit for Sale! TOP 2017. Mid floor. 3bedroom Penthouse 1410spf.3mins walk to Upper Prime 1st floor F&B Shop Space @ Alexandra Central Gardens. Beautiful and spacious layout 4 or 5 Panoramic unblock GCB Greenery View. Owner Thomson MRT, 5mins walk to Thomson Plaza, D03. Immediate rental income $114,000 per year. Size bedrooms configuration available. Great accessibility spent $80k to renovate this unit tastefully and eateries and amenities and within 1km to Aitong 915 sq ft. Foreigner, Entity, PR can own, no ABSD, no to major expressways. Within 1km to Maris Stella functionally. Good size balcony for alfresco dining. Pri school. Premium 3bedrm Penthse with amazing SSD and no GST. Stamp duty only 3%. High & PLMGS! A dream home that you should not Efficient layout (non-dual key, no void space) with unblocked views. Almost new condition, Renovated. miss, book an appointment to appreciate this beauty. private lift. Serious Motivated Seller. Sell Vacant. Bright and Breezy. Serious seller.

Ben Huang Alfred Chee Jason Tan Jerry Lum PROPNEX REALTY PTE LTD PROPNEX REALTY PTE LTD ERA REALTY NETWORK PTE LTD ERA REALTY NETWORK PTE LTD R051182C R050849J R048613F R032056D  65 8488 4454  65 9455 4388  65 9119 1175  65 8288 0098

EDITORIAL ADVERTISING + PUBLISHER PERMISSION AND REPRINTS editor | MARKETING The Edge Property Pte Ltd Material in The Edge Property Cecilia Chow ADVERTISING SALES 150 Cecil Street #13-00 may not be reproduced in any form without deputy editor | vice-president, sales & Singapore 069543 the written permission of the publisher Amy Tan operations | Diana Lim Tel: (65) 6232 8688 senior writers | account director | Ivy Hong Fax: (65) 6232 8620 Charlene Chin deputy account director | Timothy Tay Janice Zhu PRINTER We welcome your comments writer | account manager | KHL Printing Co Pte Ltd and criticism: [email protected] Bong Xin Ying Pang Kai Xin 57 Loyang Drive head, copy editing | regional business Singapore 508968 Pseudonyms are allowed but please state your full name, Pek Tiong Gee development manager | Cole Tan Tel: (65) 6543 2222 address and contact number for us to verify. copy editor | head of marketing & branding | Fax: (65) 6545 3333 Rachel Heng Rachel Lim Shuling photo editor | Samuel Isaac Chua CIRCULATION photographer | Albert Chua manager | Ashikin Kader editorial coordinator | executive | Malliga Muthusamy Yen Tan designer | CORPORATE Kim Sy chief executive officer | Bernard Tong EP36 • EDGEPROP | AUGUST 12, 2019

PROP HUNT CLASSIFIEDS Properties for Sale  Scan QR code for more details  To be featured, email [email protected] or call 8822-2997

$7,380,000 $3,500,000 $6,280,000 $5,600,000 Semi-Detached House Terrace House Semi-Detached House Semi-Detached House D14 JALAN YASIN | Freehold D16 JALAN KUANG | Freehold D11 GREENVIEW CRESCENT | Freehold D15 FRANKEL ESTATE | Freehold Built-Up(sqft): 4,000 | Land(sqft): 2,819 Built-Up(sqft): 6,234 | Land(sqft): 3,813 Built-Up(sqft): 6,000 | Land(sqft): 3,000 Built-Up(sqft): 4,280 | Land(sqft): 4,818 PSF: $1,242 PSF: $1,469 PSF: $2,460 PSF: $1,303 Just TOP! Brand new 2 pairs of Semi-Ds at Hillcrest 3 mins walk to Eunos MRT and market! Enjoy The “Lucky 66” house at Dunbar Walk with 6 Another ‘Jewel’ in the East: this 3.5 storey Semi-D Park. Enjoy unparalled hilltop exclusivity and unparallelled convenience in this huge 3-sty terrace bedrooms (4 on level 2 alone; ideal for families near MRT houses so much interior space that caught magnificent views. Each of these 2.5 storey houses with 5 rooms, 2 additional family halls, and 3 parking who want to stay on the same floor), 6 parking lots, all viewers by (pleasant) surprise. 7+2 huge ensuite come with 5+1 ensuite rooms, lap pool, lift, double lots. Buy at near land-only price, so that you can save <6 mins walk to amenities, and an auspicious unit bedrooms, luxrious pool and ample outdoor space volume ceiling, garden and 2-3 parking lots. to design your own bespoked family home. number and sale price- yes, both start with ‘6’ too. make this a perfect home for large families.

Willi Ching Willi Ching Willi Ching Willi Ching HUTTONS ASIA PTE LTD HUTTONS ASIA PTE LTD HUTTONS ASIA PTE LTD HUTTONS ASIA PTE LTD R014380H R014380H R014380H R014380H  65 9431 5145  65 9431 5145  65 9431 5145  65 9431 5145

$5,600,000 $3,950,000 $5,400,000 $3,200,000 Semi-Detached House Semi-Detached House Corner Terrace House Corner Terrace House D28 SUNRISE ESTATE | Freehold D16 EVERGREEN GARDENS | Freehold D28 DEDAP PLACE | 999 years D28 SUNRISE PLACE | Freehold Built-Up(sqft): 3,500 | Land(sqft): 4,175 Built-Up(sqft): 6,000 | Land(sqft): 3,789 Built-Up(sqft): 6,000 | Land(sqft): 4,553 Built-Up(sqft): 2,800 | Land(sqft): 2,594 PSF: $946 PSF: $1,425 PSF: $1,230 PSF: $1,234 Need big land but not too many rooms? This Unique Tudor style architure, humongous Rebuilt 3 storey modern home with home lift at Value-for-money 3 storey freehold corner terrace at rebuilt Semi-D is uniquely designed with 4 large manicured garden, a private back door to a park (and Evergreen Garden, an exclusive yet convenient landed quiet Sunrise Villa. Extremely well kept by retiree master bedrms (and 1 granny’s rm), each incredibly hence beautiful unblocked view), and its great value enclave mins away from ECP and Siglap. The spacious owners, this well loved home with enviable garden, 4 spacious and self-contained. The resort-like pool ($9XXpsf) makes this rare Semi-D at Sunrise estate interior with 6+2 bedrooms, large garden and roof + 1 spacious bedrooms, north-south facing and nice & garden further enhance its appeal as a luxurious an ideal option for both home buyers and investors. terrace is ideal for multi-generation families. unit number will appeal to most families. home.

Willi Ching Willi Ching Willi Ching Willi Ching HUTTONS ASIA PTE LTD HUTTONS ASIA PTE LTD HUTTONS ASIA PTE LTD HUTTONS ASIA PTE LTD R014380H R014380H R014380H R014380H  65 9431 5145  65 9431 5145  65 9431 5145  65 9431 5145

$2,650,000 $2,560,000 Terrace House Terrace House D20 MAYFLOWER PLACE | Freehold D28 SUNRISE WAY | Freehold Built-Up(sqft): 2,700 | Land(sqft): 2,036 Built-Up(sqft): 2,000 | Land(sqft): 1,712 PSF: $1,302 PSF: $1,495 Happy National Day! Best Value! Renovated freehold 2 storey terrace with Renovated cosy freehold terrace at tranquil Sunrise 4+1 rooms. Spacious A&A interior. Minutes walk to Villa. The modern interior, lifestyle concept and Mayflower MRT, market, food centre, park, bus stops abundance of parks nearby and affordable price will etc. > 1km to St Nicholas Girls’ School. Face North. appeal to small families or couples upgrading to their Large garden & porch. Closing soon! first landed property.

Willi Ching Willi Ching HUTTONS ASIA PTE LTD HUTTONS ASIA PTE LTD R014380H R014380H  65 9431 5145  65 9431 5145