ERA Project Marketing – Presentation for The Glades
30th July 2013, 11am Hersing Hub Victory Hall Location Map Location Map
• Hotly contested • 13 bids • Capitaland, UOL, FEO / FCL, Sing Holdings among those who bid for site
• Hotly contested • 11 bids • Capitaland, UOL, FEO, FCL, Hong Leong / TID, Allgreen, Sing Holdings among those who bid for site Project Information
Developer Sherwood Development Pte Ltd (Keppel Land & China Vanke)
Project Name The Glades
Location New Upper Changi Road
Expected Date of T.O.P 31 December 2017
Tenure Leasehold 99 years
Site Area Approx. 343,173 sq ft
No. of Units 726 Residential Units + 3 Shop Units
Architect P&T Consultants Pte Ltd
Landscape Architect Peridian Asia Pte Ltd
Interior Designer Index Design Pte Ltd Project Unit Mix
Description No. of Units Strata Area (sq ft)
1 Bedroom 103 452 – 753
1 SOHO 55 474 – 527
2 Bedroom Compact 105 570 – 753
2 Bedroom 198 667 - 914
2 SOHO 33 581 – 688
3 Bedroom Compact 68 840 – 1055
3 Bedroom 118 990 – 1248
4 Bedroom 20 1281 – 1680
4 Dual Key 10 1378 - 1561
Penthouses 16 1916 – 2595
Total 726 Why choose The Glades?
Location: Well Connected via Major Expressways
To PIE
To PIE
To ECP
To ECP
Source: www.streetdirectory.com By Road: *20 Minutes to the Places that Matter
Tampines *10 minutes
Changi Airport *15 minutes
Paya Lebar *12 minutes Orchard Road *18 minutes
East Coast Park *8 minutes
CBD and Marina Bay *18 minutes
*All driving times are estimated Location: Intersection of Life and Business by Rail By Rail: MRT at Your Doorstep By Rail: Next Stop: Expo
JUST 1 MRT STOP AWAY…
• Changi Business Park
• Singapore Expo
• Singapore University of Technology and Design
• Changi City Point By Rail: Next Stop: Changi Airport
JUST 2 MRT STOPS AWAY…
• Changi Airport
• Direct line – No need to change train, luggage in tow Transportation: Next Stop: Simei
JUST 1 MRT STOP AWAY…
• Changi General Hospital
• Refurbished Eastpoint Mall By Rail: Next Stop: Tampines
JUST 2 MRT STOPS AWAY…
• Tampines Regional Centre
• Tampines Mall, Tampines One, Century Square
• Ikea, Courts, Giant (via shuttle bus)
Investment Potential: Changi Business Park
• 71 hectare business hub launched in 1997
• Houses some of of the world’s leading companies, with tenants including Honeywell, IBM, Invensys, Ultro Technologies, Xilinx
• Also home to major financial institutions such as DBS Bank, Citibank, Credit Suisse and Standard Chartered Bank Investment Potential: Changi Business Park
• Large area of CBP completed for mixed use in 2012
• Changi City is Singapore’s largest integrated business park development which merges high quality business space with lifestyle elements of a retail and hotel
• Changi City comprises of shopping centre Changi City Point, the 313 unit hotel Capri by Fraser, and a business space tower ONE@Changi City Investment Potential: Singapore University of Technology and Design
• Slated to be the first university in the world to integrate the concept of design and innovation as a common thread in research and engineering
• It will be the only university to be located in the eastern part of Singapore when its permanent campus is completed by 2015
• The new campus will be operational in 2018
• Headed by Tom Magnanti, SUTD, Institute Professor and the former Dean of Engineering at Massachusetts Institute of Technology (MIT) Investment Potential: Singapore University of Technology and Design
• MIT and SUTD will also develop a major collaborative research centre intended to be a hub of innovation in the field of design, securing a long- term collaboration and be strongly linked to the educational programmes at MIT and SUTD
• SUTD’s aspiration is for this center to become the best place in the world to conduct breakthrough research to address the grand challenges facing the world today. Investment Potential: Tampines Regional Centre
• Tampines is one of Singapore's four regional centres (along with Woodlands, Jurong East and future Seletar)
• A regional centre is a second-tier commercial zone after the main CBD
• Regional centres primarily serve at least 800,000 people in each region, containing a collection of shopping malls and commercial facilities
Investment Potential: Tampines Regional Centre
• Tampines Regional Centre is the first and most established regional centre in Singapore
• Tampines Regional Centre is the focus of commercial activity for the eastern region
• Many major banks and insurance companies such as AIA, UOB, OCBC and DBS have chosen to establish their presence in Tampines Regional Centre Investment Potential: Changi Airport
• The seventh busiest international airport today, Changi Airport is a major air hub in Asia
• Serving more than 100 airlines with over 220 destinations worldwide, Changi Airport handled more than 51.2 million passengers in 2012
• Changi Airport employs 32,000 staff currently
•Terminal 4 ($1.3 billion) & Terminal 5 + supporting infrastrucuture (Size alone is ¾ of total current facilities) Investment: Benefits: Employment = housing demand
• Plentiful of employment from multiple commercial hubs nearby
• Influx of foreigners in the banking, info-technology, medical and educational sectors
• Increase in pool of potential tenants
• Employment increased demand for homes potential price appreciation & good rental yields
Investment: Benefits: Singapore Conducive for Business Investment: Benefits: Singapore a haven for Investment Investment: Benefits: Singapore a haven for Business Investment: Benefits: Keep the Tenants Coming! Investment: Benefits: Rents on the Rise Investment: Benefits: Good Pool of Tenants = Good Rental Yield
Development Location Type Rental Size PSF
OPTIMA @ TANAH TANAH MERAH KECHIL 2 Bedroom $3,800 1,000 to 1,100 $3.45 MERAH AVENUE
OPTIMA @ TANAH TANAH MERAH KECHIL 2 Bedroom $3,800 700 to 800 $4.75 MERAH AVENUE
OPTIMA @ TANAH TANAH MERAH KECHIL 2 Bedroom $4,200 900 to 1,000 $4.20 MERAH AVENUE
OPTIMA @ TANAH TANAH MERAH KECHIL 2 Bedroom $4,300 900 to 1,000 $4.30 MERAH AVENUE
OPTIMA @ TANAH TANAH MERAH KECHIL 3 Bedroom $4,900 1,100 to 1,200 $4.08 MERAH AVENUE
OPTIMA @ TANAH TANAH MERAH KECHIL 1 Bedroom $3,300 500 to 600 $5.50 MERAH AVENUE
Source: URA
Reputable Developer: Keppel Land
• Keppel Land Limited is the property arm of the Keppel Group, one of Singapore's largest multi-national groups
• One of Asia's premier property companies, Keppel Land is recognised for its sterling portfolio of award- winning residential developments and investment-grade commercial properties
• Keppel Land has an established track record for luxury projects
• Past projects include Reflections at Keppel Bay, Corals at Keppel Bay and Marina Bay Suites
Lakefront Residences The Luxurie Corals at Keppel Bay Reputable Developer: China Vanke
• Vanke is the largest residential real estate developer in the People’s Republic of China
• Business covers 53 cities in China
• In 2012, sales exceeded RMB 140 billion, the largest in the global real estate industry
• Has been put on Forbes’ 200 Best Small Companies List, Asia’s 200 Best Under A Billion List, and Asia’s Fab 50 Companies List,
Wanhui Building (GuangZhou) No.5 Park (Beijing) Golden Mansion (Wuhan) Development: Site Plan Development: Site Plan Development: Features
• Well spaced out units, most units enjoy good views of either facing the landed homes, lush landscape or water areas
• Site is slightly elevated from ground level
• Landscape designed by Peridian Asia (Marina Bay Sands)
• Basement carpark
• Sheltered walkway direct from development to bus stop or Tanah Merah MRT
Development: Features
• Fully fitted units with appliances from SMEG & Whirlpool
• Marble flooring provided for living areas
• S.L.I.M wall system (Only for 1 Bedroom SOHO)
• Sliding Integrated Multi Function (Patent)
• Other unique features to maximise living spaces (TBC) Development: Features
• Smeg is Italy’s largest privately owned domestic kitchen appliances manufacturer renowned worldwide for its innovation, architectural style and superb engineering
• Smeg is best known for its FAB range of 1950s style, retro refrigerators that have curved corners and come in a variety of non-traditional colors and patterns.
Development: Features
Whirlpool Corporation is a leader of the $120 billion global home appliance industry. Their appliances are marketed in nearly every country around the world.
Whirlpool manufactures appliances across all major categories, including fabric care, cooking, refrigeration, dishwashers, countertop appliances, garage organization and water filtration.
The Whirlpool brand is the world's No. 1 global appliance brand.
Amenities: Shop to your Heart’s Delight
• Tampines Mall
• Tampines One
• Century Square
• Changi City Point
• Bedok Point
• White Sands
• Refurbished East Point
• Upcoming Bedok Mall Amenities: Abundance of Good Schools
• Temasek Primary School
• St Anthony’s Canossian Primary School
• Red Swastika School
• Yu Neng Primary School
• Victoria School
• Anglican High School
• Temasek Junior College
• Temasek Polytechnic
• ITE College East
Wow!
1 minute SHELTERED walk to Tanah Merah MRT, gateway to Expo MRT and Changi Airport MRT!
But then, what’s the SELLING PRICE ?? Watertown (LH99) Jade Punggol Central R Maison Residences $1360 psf (FH) (FH) J Gateway (LH99) Sommerville Lew Lian Vale Jurong East Walk $1592 psf $1500 - 1600 psf $1460 psf Midtown Residences (LH99) Upp Serangoon Road Centro Residences $1479 psf (LH99) Ang Mo Kio Ave 8 $1720 psf Kovan Residences (LH99) Kovan Road $1410 psf
eCo (LH99) Bedok South Ave 3 $1410 psf
The Trilinq (LH99) Waterbank@Dakota Jalan Lempeng (LH99) $1574 psf Dakota Cres $1714 psf Hillion Residences Sennett (LH99) Residence (LH99) 8@Woodleigh Eight RiverSuites Pheng Geck Ave (LH99) Jelebu Road (LH99) $1476 psf Woodleigh Close Whampoa East $1358 psf $1366 psf *Source From URA/ERA $1306 psf