FEC Skyline Pte Ltd PROJECT DEVELOPER
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FEC Skyline Pte Ltd PROJECT DEVELOPER Far East Consortium International Limited (FEC, HKSE: 35) is a leading regional conglomerate with property development, hospitality, car parking ventures and gaming and entertainment in Mainland China, Hong Kong, Malaysia, Singapore, Australia, New Zealand, the United Kingdom and Continental Europe. The Group was publicly listed on the main board of the Hong Kong Stock Exchange in 1972. With over forty five years of experience operating in Asia Pacific, it has been recognised as one of the region's leading land and property developers. Track Record: Dorsett Residences Bought Hollandia & The Estoril PROJECT DEVELOPER New World Development Company Limited (“the Group”, Hong Kong stock code: 00017), a premium brand infused with a unique personality defined by The Artisanal Movement, was founded in 1970 and was publicly listed in Hong Kong in 1972. It is a constituent stock of the Hong Kong Hang Seng Index, with a total asset value of approximately HK$481.3 billion as at 31 December 2018. Our core business areas include property development, infrastructure and services, retail, and hotels and serviced apartments, boasting operations in Hong Kong, Mainland China, Macau and numerous major cities. PROJECT DETAILS Developer FEC Skyline Pte Ltd Address 10 Alexandra View S158745 Tenure 99 Years Leasehold Description 1 Block of 44-Storey High Total: 400 Units With 1 Supermarket & 16 Commercial Units & 1 Childcare Centre Carpark Lots 320 Residential Lots + 18 Commercial Lots + 10 Childcare Lots Site Area 8,398.50 sqm TOP 30 June 2021 Architect JGP Architecture (S) Pte Ltd Interior Designer Peter Tay Studio Landscape Architect Coen Design International Pte Ltd Developer Solicitor Rajah & Tann Singapore LLP Main Contractor Tiong Seng Contractors (Pte) Ltd UNIT DETAILS Unit Type Size No. of Units % of Units 2 + Study (A1) 786 sf 76 19% 2+ Study (A2) 829 sf 114 28.5% 3 Bedroom (B1) 1,044 sf 38 9.5% 3 Bedroom (B2) 1,044 sf 38 9.5% 3 Bedroom (B3) 1,119 sf 32 8% 3 + Study (C1) 1,227 sf 26 6.5% 3 + Study (C2) 1,227 sf 38 9.5% 3 + Study + PL (D) 1,410 sf 32 8% 5 + Family + PL (E) 2,583 sf 6 1.5% PROJECT LOCATION PROJECT LOCATION PROJECT FACILITIES PROJECT FACILITIES PROJECT FACILITIES ARCHITECT DETAILS ARCHITECT DETAILS PROJECT SUPER IMPOSE PROJECT VIEWS PROJECT CONNECTIVITY PROJECT CONNECTIVITY PROJECT AMENITIES 1 Popular Hotspot Location 3 Parks Holland Village Singapore Botanic Garden Star Vista Gardens by the Bay Tanglin Mall Mount Faber Park Tiong Bahru Plaza Hort Park Dempsey Hill Labrador Park Great World City Telok Blangah Hill Botanic Gardens Kent Ridge Park Takashimaya Department Store VivoCity Clarke Quay Plaza Singapura West Coast Plaza Newton Circus Marina Bay Sands Sentosa 2 Healthcare / Medical Centre Alexandra Hospital Singapore General Hospital Gleneagles Hospital National University Hospital PROJECT AMENITIES PROJECT AMENITIES PROJECT AMENITIES PROJECT AMENITIES Redhill Market ABC Brickworks Market & Food Centre Bukit Merah View Market Alexandra Village Food Centre FairPrice Finest. Offering a wider product assortment, value-added services and a more conducive shopping environment, FairPrice Finest is aimed at bringing the fine life closer to shoppers. FairPrice Finest combines the heritage of a trusted brand with a whole new experience of fine living. The move was to cater to the changing tastes of Singaporeans who are increasingly well-travelled. The 4,000 m² (43,100 ft²), two-storey outlet has an offering of products different from other FairPrice stores, and also features a Swiss-style delicatessen, a wine cellar and a European bakery. PROJECT AMENITIES PROJECT AMENITIES Primary Schools Secondary Schools International Schools Gan Eng Seng Primary School Crescent Girls’ School Global Indian International School (within 1km) Gan Eng Seng Secondary School Chatsworth International School Alexandra Primart School (within 1km) Queensway Secondary School Tanglin Trust School Zhangde Primary School Bukit Merah Secondary School ISS International School Queenstown Primary School Henderson Secondary School Dover Court International School Blangah Rise Primary School St. Margaret’s Secondary School Nexus International School Radin Mas Primary School United World College of South East Asia CHIJ (Kellock) River Valley Primary School In 2013, Ministry of Education (MOE) announced the leaders for the new primary schools. Alexandra Primary School being one of it had drew great attention from public and came into spotlight. This was mainly due to its principal, Mrs Lim Bee Lay, whom had formerly helmed Maha Bodhi School, while its vice-principal, Ms Chan Yan Hoon, used to serve in the same post in CHIJ St Nicholas Girls' School (Primary) which are top ranking primary school Alexandra Primary School Principal: Mrs Lim Bee Lay (Mdm Chew Bee Lay) Year of Posting: 2013 (year-end) Previous Designation: Principal of Maha Bodhi School from 2005–2013, and vice principal at MBS for five years before that Quote: Mrs Lim has said of her priorities as an educator: “Students don’t have to grow up to be prime minister or anything like that, as long as the fundamental good behaviour is there.” Vice-Principal: Ms Chan Yan Hoon Year of Posting: 2013 (year-end) Previous Designation: Ex-vice principal of CHIJ St Nicholas Girls’ School (Primary) Fact: A parent interacted with Ms Chan for a year over e-mail prior to placing her son in Alexandra Primary; Ms Chan’s patience and willingness to answer her questions left a favourable impression. Alexandra Primary School Alexandra Primary School 2A Prince Charles Crescent S159016 Gan Eng Seng Primary School 100 Redhill Close S158901 PROJECT AMENITIES Tiong Bahru VivoCity Plaza The Star Vista ARC - Alexandra ION Orchard Alexandra Centre Retail Centre Queensway Achorage Shopping IKEA Point Centre TRANSFORMATION OF DAWSON TRANSFORMATION OF DAWSON • District 3 is having government-related amenities that are on- going right now. • Slated to complete within 2 years TRANSFORMATION OF DAWSON TRANSFORMATION OF DAWSON TRANSFORMATION OF DAWSON TRANSFORMATION OF DAWSON TRANSFORMATION OF DAWSON TRANSFORMATION OF DAWSON The PRIME COMMERCIAL Building where the former Queenstown Bowling & Cinema was sold as follows: • “A unit of Crescendas Group, headed by Lawrence Leow, is selling the property to a company controlled by property developer and investor Cheong Sim Lam, a member of the family that developed International Plaza in Anson Road in the 1970s.” • “Crescendas was previously granted written permission to redevelop the site into a seven-storey commercial building with basement car parking lots;” https://www.srx.com.sg/singapore-property-news/26522/site- where-iconic-queenstown-cinema-once-stood-sold-for-s78m TRANSFORMATION OF DAWSON 37 First, identify what districts/areas fall into: CCR – Central Core Region RCR – Rest of Central Region OCR – Outside Of Central Region District 03 - 05, 07 - 08, 12 - 14 and District 20 Bishan, Bukit Merah, Geylang, Kallang, Marine Parade, Queenstown and Toa Payoh RCR – Rest of Central Region District 03 - 05, 07 - 08, 12 - 14 and District 20 • Bishan, Bukit Merah, Geylang, Kallang, Marine Parade, Queenstown and Toa Payoh 1. So are there a lot of new launch projects in these region? 2. RCR regions appeals more to buyers because it offers greater selection of high-quality condo options in smaller sizes at lower price points than those available in the CCR but still within easy reach of the city centre and Singapore's financial district. 3. Many of these developments in this region are offering units priced only marginally above units or on par as compared to those development located in the Outside Central Region (OCR). Buyer Profile In 2018 (D3) Completed Properties Uncompleted Properties Foreigner Company Company 12% 0% 0% Foreigner 21% SPR 17% SPR 18% Singaporean Singaporean 69% 69% Source: URA, ERA Research Transacted Price Range In The Past 1 Year (D3, New and resale) 200 42% 180 160 140 31% 120 100 20% 80 60 40 20 3% 0% 1% 1% 0% 0 less than > $500000 > $1 mil to > $1.5 mil > $2 mil to > $3 mil to > $4 mil to more than $500000 to $1 mil $1.5 mil to $2 mil $3 mil $4 mil $5 mil $5 mil Source: URA, ERA Research DISTRICT 3 (CENTRAL SOUTH ): ALEXANDRA / COMMONWEALTH /TIONG BAHRU, REDHILL, QUEENSTOWN, OUTRAM (RCR – REST OF CENTRAL REGION) • RCR properties offer the best of both worlds - Affordability & Convenience. • Why People Still Choose The Right Locality Coupled with the right District? • Example: Low Entry Developments vs High End Entry Development coupled with risk assessment • City-Fringe Development •City Fringe Development → Entry Price Rental •Lower Risk Assessment On Par Stability + Reasonable coupled with more with Tenant market Profile stability competitively with the market movements→ Exit Price Rent Resilient - With Surroundings Market Analysis CMA – RedHill Alex Residences Ascentia Sky Echelon The Metropolitan Condominium 28 Alexandra View, Singapore 1,3 Alexandra View,, Singapore 7, 9 Alexandra View, Singapore 6, 8 Alexandra View, Singapore 10 Alexandra View, 158745 158744 158748 158741 158747 Singland UIC WingTai Asia Freshview Developments Pte Ltd CAPITALAND & LIPPO GROUP FEC Skyline Pte Ltd (TANG Group) Est. 69,981 sqft Est. 92,000sqft Est. 107,130 sqft Est. 104,878 sqft Est. 90,400 sqft 429 units 373 units 508 Units 382 Units 400 units 1 Block 2 Blocks 2 Blocks 2 Blocks 1 block 40 Storey High 45 Storey High 43 Storey High 45 Storey High 44 Storey High 99-years leasehold 99-years leasehold 99-years leasehold 99-years leasehold 99-years