ERA Project Marketing - Grandeur Park Residences Thursday 19 Jan 2017, 11am Mountbatten Square Tanglin Room Why Grandeur Park Residences? Sought After Location Hot Site Sought After By Developers!
Reserve list site triggered for sale shows Developer’s confidence in this plot of land Hot Location Sought After By Developers
• Hotly contested in 2012 • Hotly contested in 2012 • 11 bids • 13 bids • CapitaLand, UOL, FEO, FCL, Hong Leong / • CapitaLand, UOL, FEO / FCL, Sing Holdings TID, Allgreen, Sing Holdings among those who among those who bid for site bid for site • Site won by Keppel Land & Vanke • Site won by Fragrance Group & World Class Land Location Map Location Map Location Map Nestled In A Private Enclave
The Tanamera
Showflat Is On Actual Site Landed Houses
Eco Why Grandeur Park Residences? Superb Accessibility + Surrounded By Amenities! Tanah Merah MRT Station Right @ Your Doorstep Only 1 Minute Walk
WE ARE HERE !!
Interchange to T-ECL Tanah Merah MRT Station Right @ Your Doorstep Only 1 Minute Walk
Approximately only 50m away from the nearest MRT Station exit to the side gate of the development!
Covered linkway + don’t even need to cross the road! Connecting You Island-wide with 2 Upcoming Lines Downtown Line & Thomson-East Coast Line
Interchange to Singapore Expo & Changi Airport
WE ARE HERE !!
Interchange to DTL 3
Interchange to TEL
Purely for internal reference only, details subject to change without notice Connecting You Island-wide with 2 Upcoming Lines Downtown Line & Thomson-East Coast Line Bringing You To Key Places In A Matter Of Minutes
o 1 Stop to Bedok Bedok Point Bedok Mall Bedok Bus Interchange Bedok Hawker Centre o 1 Stop to Expo Singapore Expo Convention Centre Changi City Point Changi Business Park o 1 Stop to Simei Eastpoint Mall Changi Hospital
Bringing You To Key Places In A Matter Of Minutes o 2 Stops to Tampines Century Square Tampines Mall Tampines One Tampines Regional Centre Tampines Bus Interchange o 2 Stops to Changi Airport Upcoming Project Jewel o 3 Stops to Pasir Ris White Sands Mall Downtown East o 4 Stops to Paya Lebar Paya Lebar Central Paya Lebar Square
Bringing You To Key Places In A Matter Of Minutes o 9 Stops to City Hall Marina Square Millenia Walk Raffles City Mall Suntec City South Beach o 10 Stops to Raffles Place Central Business District (CBD) o 10 Stops to Bayfront Marina Bay Sands Esplanade Mall o 10 Stops to Dhoby Ghaut To the HEART of Orchard Shopping Belt
Well-connected via 3 major expressways ECP / PIE / TPE
Via TPE
Via PIE
Via ECP Well-connected via 3 major expressways – ECP / PIE / TPE Bringing You To Key Places In A Matter Of Minutes
Tampines Changi Airport 9 mins’ drive 14 mins’ drive
Changi Business Park 6 mins’ drive
Bedok 5 mins’ drive
Paya Lebar 11 mins’ drive
Orchard Road 20 mins’ drive
Parkway Parade 9 mins’ drive
CBD 19 mins’ drive Source : Onemap *Timings are based on estimation only Foodie Haven!
• 2 mins’ drive to 58 Bedok South Market & Food Centre Where’s the Food ??? • 4 mins’ drive to 85 Bedok North Street 4 Market & Food Centre
• 5 mins’ drive to Bedok Central Hawker Centre / Bedok Mall / Bedok Point
• 5 mins’ drive to Bedok Market Place / Simpang Bedok / East Village
• 5 mins’ drive to eateries in Siglap
• 6 mins’ drive to 511 Bedok North Food Market & Food Centre
• 6 mins’ drive to East Coast Lagoon Food Village & Seafood Centre
• 9 mins’ drive to Geylang Serai Market & Food Centre
• 10 mins’ drive to eateries in Katong / 84 Marine Parade Food Centre / Parkway Parade
• 13 mins’ drive to Old Airport Food Centre Source : Onemap • 16 mins’ drive to Changi Village Market & Food Centre *All the timings are based on estimation only
Close Proximity To Many Educational Institutions
SUTD Changkat Pri
St Anthony’s Canossian Pri
Yu Neng Pri ITE College East
Red Swastika Sch
Fengshan Pri
Bedok South Sec Bedok View Sec Bedok Green Pri
Temasek Pri
Temasek Sec Why Grandeur Park Residences? Great Potential Upside! We are right next to a station!
Source: Property Guru The MRT Effect
Source: Straits Times The MRT Effect The MRT Effect
• MRT lines improve accessibility and add convenience
• Generally, the nearer a property to a MRT, the higher the premium
• On average, properties near MRT are worth about 10% – 15% more
• Properties near a MRT generally hold value better during a downturn and see better price appreciation during a boom The MRT Effect
“Property buyers who are more forward looking will begin to look at newly launched properties where upcoming MRT stations will be built. These locations are typically less expensive before the MRT stations will be completed, and will see a gradual rise in value over time”
- Eugene Lim, KEO for ERA Realty Network Pte Ltd The Growth, Potential & Opportunities Of The East More New Jobs, More Choices The Growth, Potential & Opportunities Of The East More New Jobs, More Choices
Source : URA / Master Plan The Growth, Potential & Opportunities Of The East More New Jobs, More Choices
Source : URA / Master Plan Close Proximity To Changi Business Park Work Closer To Home / Less Commuting Time
Less Than 10 Mins’ Drive
Source : Onemap *Timing is based on estimation only Project Jewel, Changi Airport T4 & T5
Source : CNN The Growth, Potential & Opportunities Of The East More New Jobs, New Choices
Source : URA / Master Plan Project Jewel, Changi Airport T4 & T5
More Job creations + work closer to home
Source : CNA Project Jewel, Changi Airport T4 & T5
Source : CNA What Is Happening Today?
Source : CNN Close Proximity To Singapore University Of Technology & Design
The Singapore University of Technology and Design (SUTD) is the 4th autonomous university to be established in Singapore Close Proximity To Singapore University Of Technology & Design
Singapore University Of Technology & Design Today The Growth, Potential & Opportunities Of The East More New Jobs, More Choices
• MRT Station Right At Your Doorstep Properties that are near MRT stations generally hold their prices better or have higher upside compared to other similar properties
• Near To Major Employment Hubs Changi Business Park / Pasir Ris Wafer Fab Park / Loyang Industrial Park / Changi Airport / Tampines Industrial Park / Paya Lebar Central
• Continuous Job Opportunities More jobs will continue to be created in the East through the development of new job centres across the region.
• Changi Business Park Expansion Changi Business Park will continue its expansion as a vibrant business park & hub for employment
• Changi Airport Expansion The opening of Project Jewel and Terminal 4 in Changi Airport will provide thousands of attractive new job opportunities. Project Jewel will be the next exciting new addition to Changi Airport since Terminal 3.
Source : URA / Master Plan
Why Grandeur Park Residences? Development Attributes
As implied in its name, the design concept of Grandeur Park Residences revolves around the notion of elegance and splendour in which the entire journey through the development is focused on providing residents the experience of luxury.
This development sets itself apart from the rest through its emphasis on the elements of health of the BODY, MIND SOUL; which are manifested through the types of facilities incorporated into the landscape. The tower blocks are strategically located towards the periphery of the site in order to create a large central landscape space which residents can enjoy with a sense of belonging, akin to the identity of a premium club member. Developer Track Record
Landed Houses Developer Track Record
CEL is the property development arm of Chip Eng Seng, which is publicly listed on SGX.
CES is an A1 contractor i.e. can tender for public sector contracts of unlimited value.
Belvia - DBSS
Fulcrum Developer Track Record
High Park Residences
Alexandra Central Project Details
Retail shops & child care centre within the development offers convenience for residents! Project Details
Good mix of units from 1 – 5 bedroom with private lift for selected unit tyoes, very rare for suburban developments!
Additional benefits to residents! Views For Most Units
Landed Houses Distances
Apprx 64m
Apprx 45m Apprx 46m
Good setback between block to block, allowing for a more expansive view Apprx 55m 90 Facilities + Concierge Services!
90 different facilities for all age groups to enjoy!!
In addition, concierge services such as home cleaning / laundry / handyman services provide convenience to residents 90 Facilities + Concierge Services!
Apprx 50m
Landed Houses Good & Functional Layouts
Most unit types have the majority of their bedrooms facing the front to enjoy the views Good & Functional Layouts
Most unit types have the majority of their bedrooms facing the front to enjoy the views Good & Functional Layouts
Additional bedroom becomes a ‘junior’ suite with direct access to bathroom Project Details
Private lift lobby for selected large units, a rarity in suburban condos! Why Grandeur Park Residences? A Summary
Right Next to Tanah Merah MRT Station, Only 1 Min Walk! Bringing convenience to you right to your doorstep
Well-connected via ECP / PIE / TPE Bringing you to key places in a matter of minutes
Conveniently surrounded by many eateries & shopping malls
Close Proximity to Major Business Hubs (Project Jewel etc) Work closer to home / less commuting time / potential, growth & opportunities of the East / more new jobs creation = good potential for rental & capital appreciation
Close Proximity To Educational Institutions Singapore 4th University, Singapore University Of Technology & Design (SUTD)
Why Grandeur Park Residences? A Summary
Reputable Developer A1 contractor parent company which is listed in SGX & has been operating in Singapore since the 1960’s and have a long track record.
90 different facilities + concierge services + child care centre Well thought of facilities to cater for residents of all age groups + concierge services & child care centre providing convenience
Most units enjoy unblocked or landscape views
Good mix of units from 1 bedroom to 5 bedroom, with selected units enjoying their own private lifts. Different unit types to cater both end home users or investors alike
Functional unit layouts Most bedrooms have views i.e. not ‘hidden’ at the back + larger units have common bedroom that have access to bathrooms (dependent on layout)
Grandeur Park Residences Why You Should Buy Now! Why Should You Buy Now?
In summary, demand was still healthy as there were more transactions in 2016 compared to the previous year
Source: Straits Times 10 Oct 2016 & 17 Jan 2017 Why Should You Buy Now?
Source: Straits Times 4 Jan 2017 Why Should You Buy Now?
Source: Straits Times 4 Jan 2017 Why Should You Buy Now?
Source: Business Times 6 October 2016 Source: Business Times 17 Jan 2017 Why Should You Buy Now?
Source: Business Times 23 July 2016 Why Should You Buy Now?
Source: Business Times & Straits Times
But then, what’s the SELLING PRICE ?? CMA – The Glades
3 Bedders transacted at 1300 to 1400+ psf 1 Bedders transacted at 1580 to 1600+ psf CMA – The Glades
1 Bed & 2 Bed transacted at 1600 psf CMA – Sims Urban Oasis
Various unit types transacted at avg $1400 psf CMA – Sims Urban Oasis CMA – Developments Next Or Along MRT Line
Urban Vista (TOP 2016) Avg PSF $1450 Sims Urban Oasis Tre Residences (Uncompleted) (Uncompleted) Bedok Residences Avg PSF Avg PSF (TOP 2015) $1350 - $1500 $1450 - $1550 Avg PSF $1300 - $1500
Kallang Riverside (Uncompleted) Avg PSF $2200 Seventy’s Saint Patrick The Glades (TOP (Uncompleted) Dec 2016) Marine Blue Avg PSF Avg PSF (Uncompleted) $1400 - $1600 $1400 - $1500 Avg PSF Amber Skye $1800 (Uncompleted) Avg PSF $1700 - $1800 Sea Side Residences (Uncompleted) Estimated PSF Silversea $1700 (TOP 2014) Avg PSF $1500 - $1600
Source: URA, Street Directory