Guz Wilkinson Pursues Sustainable Design Amid High Land Prices

PROPERTY PERSONALISED MCI (P) 029/08/2020 PPS 1519/09/2012 (022805)

Visit EdgeProp.sg to find properties, research market trends and read the latest news The week of October 19, 2020 | ISSUE 955-177

Co-Working Personality Personality Under the Hammer Arcc Spaces navigates DP Green’s Yvonne Tan Colin Seah’s Ministry of Combined penthouse at co-working’s uncharted on looking beyond lush Design: Emboldened by The Quinn on the market future ep4 greenery ep6 risks ep7 for $3.5 mil ep18 Guz Wilkinson pursues sustainable design amid high land prices

Turn to our Cover Story on Pages 10 & 11. SAMUEL ISAAC CHUA/THE EDGE SINGAPORE CHUA/THE ISAAC SAMUEL

EP2 • EDGEPROP | OCTOBER 19, 2020 PROPERTY BRIEFS

PROPNEX, SAVILLS ERA lates school, audio retailer and an education centre. ADVERTISING + The wedding service company MARKETING ADVERTISING SALES transformed approximately 12,000 sq vice-president, sales & ft of the premises into two grand wed- operations | Diana Lim ding ballrooms with a fully equipped account director | Ivy Hong commercial kitchen. deputy account director | Janice Zhu Bukit Timah Plaza is a mixed senior account manager | development comprising a four- Pang Kai Xin storey retail podium and two residen- account manager | Ryan Wang tial blocks, called Sherwood Towers. PUBLISHER The retail plaza comprises a mix of The Edge Property Pte Ltd education centres, music schools, 380 Jalan Besar #16-01 Singapore 209000 foreign domestic worker agencies, Tel: (65) 6970 7793 banking hall, F&B outlets, as well as an NTUC Finest supermarket. PRINTER It is located at the junction of KHL Printing Co Pte Ltd 57 Loyang Drive Jalan Anak Bukit and Upper Bukit Singapore 508968 Timah Road, and is an eight-minute Tel: (65) 6543 2222 walk to Beauty World MRT Station Fax: (65) 6545 3333 20 Cecil Street is located at the junction of on the Downtown Line. PERMISSION AND Cecil Street and Church Street The expression of interest exer- REPRINTS cise will close on Nov 24 at 3pm. ERA’s CEO Jack Chua, with a screen featuring a virtual property tour in the background Material in The Edge Property 27 strata office units at Cecil may not be reproduced in any form without the written Street for sale at $100 mil OrangeTee & Tie to hold (based on Facebook figures) on the Dance looking to set up in Singapore is permission of the publisher A total of 27 strata office units, on virtual property expo on weekend of Oct 10-11, says ERA. just the beginning of the potential de- levels 4, 5, 9 and 17 at 20 Cecil Street, Oct 17-18 weekend The virtual real estate gallery of- mand coming from China-based tech-

We welcome your comments are for sale at a guide price of $100 Real estate agency OrangeTee & Tie fered home buyers access to over 140 nology companies, Knight Frank says. and criticism: propertyeditor.sg@ million, or $3,143 psf on strata area. is set to hold a virtual property expo virtual tours of projects in Singapore. The residential sector showed resilient bizedge.com If the units are purchased indi- on the weekend of Oct 17-18. Home buyers could also access prop- demand from the Good Class Bungalow vidually, the individual unit price Attendees will be able to move erty information, factsheets, site and (GCB) segment, with deals amounting Pseudonyms are allowed but please state your full name, starts from $2.35 million, say Prop- around virtually, engage with booths, floor plans, and units for sale. They to $128.3 million in 3Q2020. This comes address and contact number for Nex Singapore and Savills Singa- and attend more than 40 talks at the could also book personal appointments close to reaching the $166.4 million re- us to verify. pore, which are jointly marketing virtual convention hall. with ERA agents. Developers’ discounts corded in 1H2020. Key transactions in- the properties. The booths will be focused on were made available on selected units cluded the sale of GCBs along Garlick The portfolio of office units has a new project launches and resale list- for the two days. Avenue, adds the research consultancy. total strata area of about 31,979 sq ft, ings, and will be hosted by Orange- There were also 16 talks by indus- The industrial sector registered a with individual strata units ranging Tee and its partners such as Citib- try experts, which included ERA’s CEO total of $406.6 million. Transactions from 786 sq ft to 2,303 sq ft. ank, Gigacover and Juwai IQI, and Jack Chua, COO Marcus Chu, and key include a warehouse at 7 Bulim Street “The strata units at 20 Cecil Street real estate lawyers from William Poh executive officer Eugene Lim. by Titan (Wenya), which was sold to present a rare investment opportu- & Louis Lim. AIMS APAC REIT for $129.6 million, nity for investors looking to buy OrangeTee & Tie managing direc- Singapore’s total property and a business park development at Grade-A offices within the 600-1,300 tor Steven Tan will deliver the key- investment sales hit $4.4 bil in 26A Ayer Rajah Crescent by Mapletree sq ft range. It is not often that you note speech at the virtual expo. Oth- 3Q2020, down 55% y-o-y Industrial Trust, which was purchased can find individual Grade-A strata er speakers will cover topics ranging Total property investment sales in Sin- by Equinix Singapore for $125 million. offices for sale within the CBD, let from property investment and wealth gapore across all sectors hit $4.4 bil- There were no transactions in the alone units of this size,” says Navin management to lifestyle. The speak- lion in 3Q2020, representing a 55.1% public sector in 3Q, as no sites were Bafna, associate division director of ers for the event include Bernard y-o-y decline. sold under the Government Land Sales PropNex Realty. Tong, CEO of EdgeProp Singapore. However, both interest and activity programme. 20 Cecil Street is located at the “The OrangeTee Property Expo in the real estate market have picked up Meanwhile, Singapore outbound junction of Cecil Street and Church 2020 is our flagship event to con- considerably since the easing of Covid- investment sales totalled $2.8 billion Street. It is within walking proximi- nect developers, agents and con- 19 restrictions, particularly from the in the third quarter, contracting 24.3% ty to Raffles Place MRT Interchange sumers,” says Simon Yio, executive commercial sector, notes Knight Frank. y-o-y from $3.7 billion in the same pe- Station on the North-South and East- director of OrangeTee & Tie. “We This includes the sale of a 50% stake riod last year. Key deals include the ac- West Lines, and Telok Ayer MRT Sta- want to provide an exciting virtual of Frasers Property’s Northpoint City quisition of a residential development tion on the Downtown Line. venue where developers can show- (South Wing) to TCC Group for $550 site in Shanghai by a joint venture be- case their projects, where consum- million, as well as the sale of Robin- tween Yanlord Land Group and Hua- Ground-floor commercial unit at ers can learn from experts and con- son Point by Tuan Sing Holdings for fa Industrial Zhuhai for approximately Bukit Timah Plaza for sale nect with agents.” $500 million. $0.9 billion (RMB4.5 billion) as well as at $30 mil The virtual expo will start at 10am Foreign investors have also expand- the purchase of Pinnacle Office Park in A ground-floor commercial unit at on Oct 17, and end at 11.59pm on ed their operations in Singapore. The Sydney, Australia, by Keppel REIT for Bukit Timah Plaza is up for sale at a Oct 18. likes of Alibaba acquiring a 50% stake $303.3 million (A$306.0 million). — guide price of $30 million, or $1,729 in AXA Tower earlier in May and Byte- Compiled by Charlene Chin E psf based on the strata area. ERA’s virtual real estate The property has an area of 17,351 gallery on Oct 10-11 attracts sq ft, and includes 12 carpark lots. 168,000 viewers It is currently tenanted to a wedding Real estate agency ERA’s virtual real and catering services company, pi- estate gallery drew 168,000 viewers

SRI

Bukit Timah Plaza is a mixed development comprising a four-storey retail podium and two residential blocks EDGEPROP | OCTOBER 19, 2020 • EP3 EP4 • EDGEPROP | OCTOBER 19, 2020 CO-WORKING

SRI

As a reflection of soft office demand, Grade-A office monthly rents in Singapore’s CBD fell by 5.1% q-o-q to $9.84 psf in 3Q

PICTURES: SAMUEL ISAAC CHUA/THE EDGE SINGAPORE Arcc Spaces navigates co-working’s uncharted future

BY CHARLENE CHIN although they are unlikely to ever match up CBD fell by 5.1% q-o-q to $9.84 psf in 3Q. and creative design needs to get together [email protected] to face-to-face networking. Real estate consultancy Cushman & Wakefield and collaborate’.” (C&W) projects that Singapore’s office leas- In essence, Arcc Spaces, which used to he verdict is out on working from Navigating choppy waters ing market is likely to weather a 10% fall for ink deals with companies accommodating home: the trend is here to stay, to Arcc Spaces’ latest offering at One Marina the full-year 2020, with a further decline in their full team size, now finds itself cater- varying degrees — and that means Boulevard — spanning 19,000 sq ft on the 2021. Ultimately, it says, the leasing market ing to the respective needs of smaller teams co-working operators will vie directly 20th floor — opened its doors officially to will begin to improve in 2022, but reach its within these firms. with employees’ own living spaces. members on Aug 1, and is today 30% com- full recovery only two to three years later. “It’s become a different kind of conversa- T“Globally, Covid-19 has been terrible for mitted. To attract workers, prices have been As uncertainty looms, Chisholm has ob- tion, where the company can’t accommodate our industry because in a way we have the slashed by half, and employees can now get served some changes in consumer behaviour. everyone, so they then break it down and same weaknesses as the hospitality sector, to work in the space for $650 per month. For While 50% of demand for its work spaces say: ‘Which groups or teams are most sus- like hotels. We rely on welcoming strangers access to all four of its centres in Singapore predominantly used to come from business- ceptible to disruption, that is really impact- into one space which we operate and are li- — One Marina Boulevard, 75 High Street, es, Arcc Spaces now finds itself dealing with ing their productivity as a result of Covid-19 able for,” says Matthew Chisholm, COO of Suntec, and 99 Duxton — a full-month pass individual interest from companies, which and working from home?’” says Chisholm. flexible workspace operator Arcc Spaces. costs $500 a month. he describes as “B2B2C”. To that end, he believes that those most Besides providing flexible workspaces, the The new space was launched against a He explains: “In the past, company X impacted by working remotely are teams that co-working industry is also touted as a plat- backdrop of weak office demand, impacted would have been 50 people, and John Tan need to communicate visually, or huddle and form that breeds community, linking com- by the pandemic-led recession and exacerbat- was only one of them. I didn’t care about brainstorm on a problem in real time. Crea- panies with one another and giving them a ed by the trend of staff working from home. John Tan, I just wanted to do a deal with tive solutions often emerge as a result of flu- platform to forge work partnerships natural- The launch was initially planned for April, company X — that was a B2B deal… [But] id conversations, which are unlikely to hap- ly. But in a socially distanced world, physical but had been delayed due to the unpredict- now, those 50 people are all working from pen over conference calls with fixed agendas. interactions have to be limited. Large-scale ability caused by the pandemic. home. So company X may say: ‘No, we don’t Without doubt, the choppy waters of the webinars have become a platform to facili- As a reflection of soft office demand, need 50 people. But John Tan runs the col- future are still hard to navigate. “I think tate discussions and business relationships, Grade-A office monthly rents in Singapore’s laborative team that does creative design, what’s important to note here is that the

Arcc Spaces was deliberate in designing an open kitchen (left) and pantry (right), allowing for breakout spaces that would facilitate the mingling of people. This was before the pandemic hit. EDGEPROP | OCTOBER 19. 2020 • EP5

CO-WORKING

ARCC SPACES ARCC SPACES

Arcc Spaces at One Marina Boulevard space spans 19,000 sq ft on the 20th floor of the building, commanding panoramic views of Marina Bay and the CBD The reception area, where members and guests will be greeted by Arcc Spaces’ hospitality staff companies [still] don’t know how to tackle spaces are left vacant. er companies, says Chisholm. “They look about the furnishings, layout, and interior the work-from-home versus office situation From Sept 28, it has been mandated that at real estate and say, ‘Well, how do I out- design of their office. — they’re coming to us to talk about it,” more employees in Singapore can return to source the real estate to professionals who Likely, what is going to happen is that says Chisholm. “We are saying, okay, let us the office, on the condition that only half of have subject matter expertise in finding the “the smaller tenants will move into a flexi- know which of the people in your teams are all workers are in the office at any one time, space, negotiating the deal, handling docu- ble workplace. And the medium-sized tenants most vulnerable to the disruption. And let’s and staff are only back for half of their total mentation, decision, and fit-out?’” will start looking at managed space options. put a package together just for you. In the working hours. Economies of scale would be needed for Everyone’s doing it just to make sure that meantime, you can collect some data. You For smaller firms, at least, flexible offic- such a model — what Chisholm calls a “man- their risk is mitigated and they have flexibil- can then use that data to inform what your es have become a more attractive alterna- aged space solution” — to work. “You’d nev- ity to move or downsize or upsize accord- next steps in the strategy might be.” tive. For one, the option to scale up or down er do a managed space solution, for a 10- ingly, because they have very little visibility To tap the remote working demand, the their office size and vary the length of lease pax team. It has got to be a team of, say, a over what the size of their teams will be in firm has partnered Ecopex Furniture to roll based on prevailing business conditions will hundred,” he says. six to 12 months”, Chisholm says. out a furniture package comprising the full be feasible, as compared to a fixed contract. Different firms would also require distinct At the moment, Arcc Spaces is offering a suite of work-from-home necessities — a Secondly, a tenant who chooses to com- specifications across configuration, tech, fur- managed space option to a number of large height-adjustable desk, HAG Capisco ergo- mit to a co-working space for a short peri- nishings and security. For instance, trading firms in Beijing and Kuala Lumpur. One of nomic chair, laptop rack, and a video con- od of time will be able to channel funds into companies would need high-speed connec- them is a Chinese tech juggernaut in its Bei- ferencing speaker. Customers who commit the parts of the business that can potential- tivity infrastructure and battery backups in jing space that the firm wishes to keep un- to a minimum of three months with the firm ly generate revenue, instead of having the case a power outage happens, an event that named, occupying 42,000 sq ft of floor plate can get the full set delivered to their doorstep funds tied up by overhead costs. could result in billions of dollars lost. De- — that is twice the size of its space in One for $700 a month. Arcc Spaces says that so That would also save businesses the hassle sign firms, in comparison, will require more Marina Boulevard. far, 30 such memberships have been com- that comes with fitting out an office space. collaborative breakout spaces, and are typi- The transition of clients taking up ded- mitted. The retail price for the set is $2,000. In a traditional office solution, this may in- cally more particular than other businesses icated floor plates has happened naturally. clude fitting out not just workstations, but “We have had existing clients that outgrew The tides have changed also the pantry, meeting rooms and reception. SAMUEL ISAAC CHUA/THE EDGE SINGAPORE their space, and then asked for a larger space, As more companies operate remotely, tra- In an uncertain future, the demand for managed by us,” he says. ditional office landlords will lose out in the more flexibility will necessitate a higher lev- These clientele are Arcc Spaces’ long- near horizon as net demand for fixed leases el customisation of standalone office spac- term customers, which Chisholm reveals fall. The edge it had over flexible workspace es. This is especially so for large MNCs that are also the ones “who pay us the highest operators — of locking in a longer lease for have the financial runway to outsource such rentals”. In Singapore, Arcc Spaces’ relation- a larger space at a cheaper rate — is now decisions to dedicated firms, and are not ship with some of its long-term clients dates put to test in a situation where half of office keen on sharing an office space with oth- back a decade. The firm is keen on keeping its custom- CHARTS: CUSHMAN & WAKEFIELD ers happy, as research has shown that acquiring a new customer can cost five to 25 Grade-A CBD rent and vacancy rate times more than retaining an existing one, and increasing customer retention rates by 5% grows profits by 25% to 95%. Measures include keeping tabs on the ratio of staff to customers so that needs can be taken care of. “If you’re a member, then almost all of our staff will know you on a first name ba- sis. They will know how you like your coffee. They will know when your birthday is,” he says. In fact, all of Arcc Spaces’ staff have been trained in hospitality, and most of them have worked at hotels previously. Much like at a hotel reception, the writer Arcc Spaces has partnered Ecopex Furniture to roll out a furniture package comprising the full suite of of this article was greeted by a front-of-house work-from-home necessities such as a height-ad- staff at its One Marina Boulevard space, and justable desk and HAG Capisco ergonomic chair handed a hot towel. E

Singapore office market statistics EP6 • EDGEPROP | OCTOBER 19, 2020 PERSONALITY

Sengkang General Hospital, which was completed in 2018, incorporates green spaces designed by DP Green

DP GREEN DP Green’s Yvonne Tan: Landscape design goes beyond lush greenery

ALBERT CHUA/THE EDGE SINGAPORE BY CECILIA CHOW General Hospital in Yishun, where almost [email protected] every bed has a view of greenery, says Tan. DP Green was involved in the master plan of ne of the positive behavioural transforming Alexandra Hospital into the Al- changes of Covid-19 is Singapo- exandra healthcare campus; and in the design reans’ new-found appreciation for of Sengkang General Hospital and Sengkang nature and being outdoors, notes Community Hospital (collectively known as Yvonne Tan, director of DP Green, SKH Campus), which was completed in 2018. Othe landscape and arboriculture consultancy It incorporated green spaces such as a roof arm of homegrown architectural practice, DP garden and landscaping on the first floor. Group. Covid-19 has proven that open spac- “In the newer, healthcare projects that es have become increasingly important. “I we’re involved in, it’s more community-cen- thought it was most interesting hearing Sin- tric,” says Tan. “It’s about breaking down the gaporeans getting very excited and going ‘Oh mental barriers of our hospitals as places that I saw a butterfly’ or ‘Oh I saw a bird’ when you visit only when you’re sick.” walking along the side of the road,” she adds. At Alexandra, it wasn’t just making sure that Covid-19 has also made Tan view pro- every bed had a view of nature, but that every jects through different lenses. “In the past, floor had an outdoor space with greenery. “It’s you could go anywhere you wanted,” she ob- not just for the hospital patients, but the care- serves. “Since Covid, even with some relaxa- givers too, because they need that respite as tion of safe-distancing measures, there is still well,” says Tan. “So we provided them with reduced socialisation compared with the past.” greater accessibility to the outdoors.” What has become important now is “how Tan was also involved in the landscape design you connect with nature and your environ- for Our Tampines Hub, where DP Architects was ment”, says Tan. “You realise that the view the design architect. Completed in 2018, Our Tamp- from your window has become very valua- ines Hub is considered Singapore’s first integrated ble — whether it’s a view of the sky, some community and lifestyle hub. Within the develop- greenery or water.” ment are sky terraces, the East-West Spine — the main pedestrian thoroughfare connecting Tamp- From aesthetics to therapeutic ines Street 82 and Tampines Avenue 5, with shade- Landscape design has moved beyond mere aes- tolerant plants and “umbrella trees” within a thetics of lush greenery. It’s now about biophilic five-storey high atrium. The central feature of design, and the importance of therapeutic land- the East-West Spine is the musical fountain at scapes, which include clinical and non-clinical the Central Plaza. aspects, says Tan. For people recuperating from “Our Tampines Hub is a great example of a stroke, a long period of illness or an accident a very successful community space as it’s and who need rehabilitation, instead of exercis- well used,” says Tan. “The only thing is, if ing in an enclosed gym, they actually do their I’d known that the fountain was going to be exercises outdoors amid nature, she explains. such a hit, I would have placed it in a slight- “That helps a lot. And research has shown that ly different location.” even patients in ICU [intensive care unit] recov- er faster when they have a view of greenery or Triggered by different parameters some visual or picture of nature.” amid Covid-19 Therapeutic landscape design has also As one of the judges on the panel of EdgeProp been introduced in the healthcare facilities Excellence Awards 2020, Tan acknowledges that Tan: What has become important now is how you connect with nature and your environment. You realise that the in Singapore. It started with Khoo Teck Puat CONTINUES ON PAGE EP8 view from your window has become very valuable — whether it’s a view of the sky, some greenery or water. EDGEPROP | OCTOBER 19. 2020 • EP7 PERSONALITY

Seah: The firm’s ethos, which is best shown through the graphic on the wall, is to question convention, disturb it, and then redefine it

MINISTRY OF DESIGN Emboldened by risks at Ministry of Design

BY CHARLENE CHIN other layer of purpose to kitchens — as a refuge influence of the kitchen, who briefly talked vention plays out as a series of questions: “If [email protected] for wellness. As worldwide lockdowns were about his “mean sourdough starter” in a so- I’m going to have a smaller apartment, what imposed, people, cooped up at home and be- cial media address to the youth of the coun- then might change living-wise? How can some- hodgepodge of punctuation ing bored, took to the kitchen to relieve their try last month. one accept a smaller space and live comfort- marks grouped together, such as stresses. At one point, pictures of sourdough ably in it? How might their lifestyle and the “????%*@#!!!!!!!”, often conveys bread and whipped coffee flooded Instagram Smaller homes need smarter layouts way they socialise suggest a completely new strong emotions: Frustration, bewil- feeds. Over Singapore’s “circuit breaker” pe- With changes in lifestyles, the relevant design of typology?” he asks. derment, or even censored exple- riod, baking utensils in physical stores were spaces will need to accommodate those needs. In smaller spaces, good design, then, has Atives. However, at architecture firm Ministry largely out of stock. Even former US presi- Small homes, for instance, require smarter lay- to capture the transformability of spaces. Take of Design, they take on a different meaning. dent Barack Obama is not exempt from the outs, says Seah. His notion of questioning con- for example the concept of a tatami room: “It’s This set of punctuation marks, in white, the ultimate transformable room, where the hangs starkly against the dark walls of the com- ALBERT CHUA/THE EDGE SINGAPORE futon can be kept, and other activities can pany’s boardroom. “The firm’s ethos, which be carried out through the day in the same is best shown through the graphic here, is to space,” says Seah. “What this design says is, question convention, disturb it and then to ‘I’m going to change the use of this space each redefine it,” Colin Seah, founder and direc- time because I don’t do things simultaneous- tor of design at Ministry of Design, tells Edge- ly, I don’t sleep and eat at the same time’,” Prop Singapore. explains Seah. This is in contrast to an unin- “The reason why we do that is because ventive solution, which would be to cram all of the belief of how culture and society, and of the functions that are needed — the liv- practices and trades, use spaces and what is ing room, dining area and bedroom — into a expected from these spaces, is evolving very tighter, more compressed space. quickly, This belief today holds more ground Seah has attempted this concept in a resi- than it did 20 years ago,” says Seah. dential project called Kerry Chengdu Residences As a result, the design of modern spaces in China, featuring units with average sizes of has to adapt to its new function. So “you can 45 sqm. Instead of having distinct spaces for either evolve, as a designer to respond to these sleeping, living and dining, the firm instead needs, or you can also play a more leadership created the largest space possible and inter- role to shape and guide these needs, and al- spersed all the different functions through clev- most create a point of view that didn’t exist er permutations of furniture within the same before,” he says. In both cases, taking risks to space. With this, the studio unit could trans- make bold, predictive design moves are key. form into various configurations, accommodating an exercise session for one, or a din- The evolution of spaces ner party for a group of six. One example of the evolution of spaces is the With flexible furniture, bedrooms can dou- kitchen, which used to be relegated to a ser- ble up as study rooms too. One of the stars of vice area. “The kitchen was out of sight, and the agile furniture is the murphy bed, which if you were very well-heeled, it might even is a solution that allows the folding in of the have been an area that you’ve never stepped mattress vertically to the wall, opening up pos- into. In olden days, this is where the servants sibilities of the space below it. Some of these would inhabit,” Seah says. clever mechanisms feature an in-built study But today, the kitchen has taken centre stage, desk that emerges on the other side when the and attached a social function to it. “Even in bed is tucked against the wall. the high-end projects, the display kitchen in showrooms are now upfront and centre, be- Abstract versus actual cause people get their hands dirty with cu- Seah is foremost an abstract thinker, and linary experiments,” says Seah. “It’s part of sometimes intangible concepts guide the way socialising, to host someone and have them he designs projects. One of those is Canvas be involved in the cooking.” In newer project House, a co-living space nestled in a tradition- layouts, units often open up to the kitchen al shophouse along Blair Road in Singapore. first, before leading way into the living room. The preservation of buildings is death. It’s not about resetting the clock to the original, but about contin- Almost all of the interior for the whole four The Covid-19 pandemic has also added an- uing the life of a building to its new future: Seah CONTINUES ON PAGE EP9 EP8 • EDGEPROP | OCTOBER 19, 2020 PERSONALITY

DP GREEN OUR TAMPINES HUB

DP Green was the landscape architect for the 8ha Central Park at Aspen Vision City, a large-scale mixed- The musical fountain at the Central Plaza of Our Tampines Hub, completed in 2018, for which DP use development in Penang Architects was the design architect and DP Green was the landscape architect

FROM PAGE EP6 passing of the day. But if you are cooped up From a Garden City to a City in a Gar- new solutions within a site, that makes a lot Covid-19 made judging landscape design “a lit- at home with the same scenery for 24 hours, den, Singapore now wants to be a City in of difference,” says Tan. tle difficult” this year. This is her third year as it doesn’t matter how pretty your room is; Nature. More people have started walking, Most people appreciate having a balco- a judge for the awards. “Because of the Covid- you want the luxury of looking out of the cycling and trekking since the Covid-19 cir- ny now, especially since the circuit breaker. 19 safe-distancing measures, we couldn’t go window and having some respite.” cuit breaker, as can be seen from the number “I personally wish I had a balcony where I down to view the projects,” says Tan. “We Tan, a hobbyist beekeeper, is in the midst of visitors to East Coast Park, Coney Island, could sit outside,” says Tan. “For most peo- are therefore not triggered by the usual pa- of making a beehive. “Right now, bees are Botanic Gardens, and even the Bukit Timah ple, if you can’t leave the house, especially rameters.” visiting daily,” she says. She has chosen and Bukit Batok Nature Reserves. “It’s not during the circuit breaker, the balcony was Priorities of home buyers and occupiers plants for her balcony and window that at- just cycling or walking for the sake of getting your outdoor space.” have changed too, and developers are adapt- tract birds and butterflies too. from point A to point B,” says Tan. “It is an Perception of distance has also changed ing to that. “It’s about the ability to be im- experience, a healthy activity, and supports because of Covid, notes Tan. “I live no more mersed in nature,” says Tan. “Instead of one ‘Game changer’ projects local tourism.” than 15 minutes from the office, but with work- big plaza, the emphasis is now on having Making a variety of open spaces and green- Singapore has also set 2030 as the target ing from home, you could be anywhere. And more choices in terms of intimate oases — ery more accessible to people is important, to reduce carbon emission levels by 36% of now I think, maybe living in a suburban area little green nooks and crannies — that peo- she adds. “In Singapore, we do not have big 2005 levels. And it intends to do so by ver- further from the city might be a good idea.” ple can retreat to, even in the event of an- nature reserves like the Borneo forest in Ma- tical greening of high-rise towers. Besides Working from home has sparked a trend in other circuit breaker.” laysia or the New Zealand forest,” says Tan. sustainability, Singapore is also pushing to- cities from New York to Tokyo, where more Flexibility is key too — especially for event “So we have to find a way of creating our wards self-sufficiency, setting a goal to pro- people have chosen to leave the city centre, spaces, where there’s capacity for large events, own niche, green spaces. And I think it’s a duce 30% of its food needs locally by 2030. opting for places that have more space, are but with breakout areas for smaller gather- good direction that we are heading in.” “It’s going beyond community farming, to close to nature and where real estate prices ings, continues Tan. Likewise, clubhouses Singapore’s Master Plan 2019 includes commercial urban farms and hydroponic are not as high. need to have spaces that are open to natu- NPark’s new 36km coast-to-coast trail; the farms on rooftops,” says Tan. “It’s certain- Some of DP Green’s projects are quirky. ral ventilation too, with flexibility in terms 24Rail Corridor; and the 150km Round Island ly more pleasant to look at vegetables than For instance, the landscape architect is work- of configuration for different uses, she adds. Route, which will be progressively complet- hot, concrete roofs.” ing on a project for a junior college in Sin- “It’s the same thing for your home,” she ed by 2035. The Great Rustic Coast will be gapore, where the principal wants to cre- says. “If you have a bit of flexibility, it helps. a 50km stretch that will boast nature attrac- Greater recognition for landscape ate an urban farm with real live chickens. Previously, you had the luxury of changing tions from Lim Chu Kang to Changi. There architects needed “We are still in the early stages of the pro- your scenery at a whim. Now, on a daily ba- are also plans to add 1,000ha more parks and Tan hopes that landscape architects would ject, but the principal wanted his students sis, you need to find little sparks of joy and park connectors to the 7,800ha existing ones, receive greater recognition for their design to be more in touch with nature, to learn stimulus.” according to the Master Plan 2019. contributions in projects. “Most of the time, about food sustainability, ecology and bio- Not everyone has the flexibility of a sep- Impending projects include the Mandai people talk about the developer, the mar- diversity,” relates Tan. “I thought that was arate study or home office to work from ei- Mangrove and Mudflat, which will be en- keting agency, the architect, but they forget very good because junior college students ther. Tan, for one, is working from her kitchen hanced into a nature park. DP Green’s Tan that actually, the project is very much driv- are probably more interested in TikTok and table at home. However, she has turned her is involved in one of these nature-themed en by the landscape architect too,” she says. Instagram posts.” table around to face the window. “It makes attractions in Mandai. “It looks at the cre- When it comes to residential projects, such a difference — facing the window,” says ation of habitats,” says Tan. “It also focus- landscape design has become very impor- Blurring of indoor-outdoor spaces Tan. “When you’re working in an office, you es on providing a 5D experience - and that tant. “Where they place the landscaping, and One of the interesting overseas projects that get to see the changes in scenery and feel the makes a lot of difference.” whether they have thoughtfully come up with DP Architects and DP Green is involved in is Halic Tersane in Istanbul, Turkey. One of YVONNE TAN YVONNE TAN the biggest shipyards in the Mediterranean Sea, it was relocated in 2001 to new industrial sites in the periphery of Istanbul. DP Ar- chitects was appointed the design architect to execute the master plan and design of Ter- sane, in order to rejuvenate the former ship- yard. DP Architects is designing three out of seven zones within the larger master plan, which will involve a mix of retail, hospitality, residential, office and cultural spaces. DP Green is involved in the concept for the landscape design. DP is involved in a wide range of community, institutional and large-scale, mixed-use developments as well as retail and hospitality projects. For instance, DP Green is the local landscape architect for the Raffles Sentosa Re- sort & Spa, which is designed by Yabu Pushel- berg and DP, as a low-rise villa property. Throughout this past year, what Covid-19 has shown is the importance of having spaces that are open and have natural ventilation, as well as being close to nature, adds Tan. E

The winners of the Landscape Excellence Award will be announced during the virtual ceremony of EdgeProp Excellence Awards on Oct 29, 2pm. Awards will also be given to developers who excel in marketing, innovation Views of nature and greenery from Tan’s apartment offer her ‘the luxury of looking out of the window and having some respite’ and sustainability. EDGEPROP | OCTOBER 19. 2020 • EP9 PERSONALITY

PICTURES: MINISTRY OF DESIGN

At the request of the client, some structures at the Movenpick Resort & Spa Quy Nhon, in Vietnam, will In the New Majestic Hotel in Singapore, the ceiling of the lobby was kept unfinished, showing off the have grass roofs, blending in the buildings with its natural terrain layers of the previous owners’ paint

FROM PAGE EP7 from the client,” he says. itage Neighbourhood of Georgetown; Ma- the solvent in embalming fluid which is used stories are blanketed in white, save for a ran- “If you stay there for a couple of days, you calister Mansion, branded as a lifestyle res- to preserve a corpse. dom, disparate selection of surfaces, some of will be able to explore these different architec- idence of eight keys, with five F&B entities If Ministry of Design has to keep an origi- which include: a patch of brickwork on one tural manifestations. Across the different ter- on-site; and Majestic Theatre, a boutique ho- nal aspect of a building, it has to be for a pur- wall, an old face allowed to peek out from rains, your impression of nature will change tel that was transformed from what used to pose. In the New Majestic Hotel in Singapore, the surface of vintage china, and some circu- as you either descend or ascend along the wa- be Penang’s oldest cinema. the ceiling of the lobby was kept unfinished, lar cutouts on the stairs, revealing their orig- terline, to the cliff’s edge.” But working on conservation projects does showing off the layers of the previous owners’ inal timber surface. The development, still under the approv- not equal to their preservation, Seah says. paint. “To us, that was layers of time, even The idea that drove the project’s design al stage, will comprise 239 keys, with 17 of “We’re not interested in preservation because though it didn’t really look very good, it was was the layering of time, describes Seah. With those built within the hill, and 28 keys carved anyone can do it. Neither are we interested beautiful as an idea.” some interiors of the house left unpainted by into the cliffs. in erasure because then that’s completely in- At the moment, one of the projects occu- white, the house reveals glimpses of its past sensitive and not acknowledging what exist- pying Ministry of Design’s time is the 1,000 through the untouched surfaces. ‘Preservation is death’ ed before,” he says. “It’s not about resetting Moons Hotel, under Hilton’s Curio Collection Then there are also projects that respond Ministry of Design is not alien to conserva- the clock to the original, but about continu- in Anji County, China. Planned for comple- to the lay of the land, which sometimes offers tion projects. In the past, it has worked on ing the life of a building to its new future,” tion in 2023, the getaway is set in a mountain constraints that “generates a building that you multiple developments in Penang, Malaysia. he says, adding that outside of educational site, among plains of hilly greens, where some may not have created, to begin with,” says Among these: The Prestige Hotel, with 162 purposes, “preservation, to me, is basically scenes of Ang Lee’s Crouching Tiger Hidden Seah. Such was the beginnings for the Zig Zag keys, set within Penang’s Unesco World Her- death. It’s like formaldehyde”, referring to Dragon were filmed, says Seah. The design House, a single-storey bungalow in Singapore for the project was guided by the fact that with an internal gross floor area of 6,458 sq ft. “time seemed to slow down in such places”, The house sits on a triangular piece of land, he says. As design works are currently still the result of subdividing a larger, Good Class ongoing, the firm is unable to provide more Bungalow-sized plot — categorised as exceed- concrete design details. ing 15,000 sq ft — into seven distinct sites. A But to be sure, as Ministry of Design march- Tembusu tree, gazetted as a heritage treasure, es forward to uncharted paths and unexplored stood in the middle of the carved out plot, and terrains, the practice will take risks and deftly could not be felled. Unswayed by its girth, pull it off. “That’s the core of what we do — Seah’s team built a house around it. we don’t just evolve or revolutionise or inno- Meanwhile, the Movenpick Resort & Spa vate to whatever degree, just because we are Quy Nhon in Vietnam is an upcoming pro- bored or we have itchy fingers, but because ject that is planned along the edges of water, we sincerely observe and believe that the func- mountains and cliffs. “This was very much tion of spaces are changing, and design will about working with the very rugged and very have to improve accordingly.” E steep, challenging landscape, which starts off quite high, almost I think, probably, 60–70m The winners of the Design Excellence Award off sea level, and then cascades down to sea will be announced during the virtual cere- level,” notes Seah. “We played with conceal- mony of EdgeProp Excellence Awards on Oct ment — some of the villas are embedded into 29, 2pm. Awards will also be given to de- the rock phase with sort of grass roofs or roofs velopers who excel in innovation, market- that follow the natural terrain — so that you ing, sustainability, and showflat and land- don’t see them. That was one of the requests The reception lobby at The Prestige Hotel, in Georgetown, Penang scape design.

Ministry of Design had to work around a Tembusu tree that stood at the centre of the land, and built a house around it Majestic Theatre is a boutique hotel that was transformed from what used to be Penang’s oldest cinema EP10 • EDGEPROP | OCTOBER 19, 2020 COVER STORY

Wilkinson: Most people are still unaware of the danger the planet is in. I think it’s very serious. That’s why as a company, we have planted thousands of trees.

SAMUEL ISAAC CHUA/THE EDGE SINGAPORE Guz Wilkinson pursues sustainable design amid high land prices

BY CECILIA CHOW tects’ way to offset the carbon footprint from “our house-build- son is worried about its built environment. “Everything has [email protected] ing activities in Singapore and elsewhere — where we use a such a short shelf life; things are built at enormous cost in lot of concrete and steel”, Wilkinson says. “I believe we have terms of resources and materials, and then knocked down rom the street, Guz Wilkinson’s office is identifiable to give something back to nature. It’s hard to do this in Sin- later,” he says. from the profusion of trees and plants growing in the gapore because land is so expensive. It’s cheaper to do so in In his view, a good example of tropical design that has stood compound. “We have about 15 trees growing at any one the UK and New Zealand.” the test of time are the black and white bungalows. “They are time,” says the Singapore-based, British architect and Several Good Class Bungalows (GCBs) that Guz Architects well-designed and suited for this climate,” says Wilkinson. founder of Guz Architects. “Those at the entrance were designed in recent years have been transacted at record pric- He hopes the bungalows that he has designed will endure Fplanted during the circuit breaker.” es. Last year, a newly completed GCB on Cluny Road, near too. He reckons he has designed “40 to 50” bungalows in Sin- Over the past decade, Wilkinson has planted thousands Botanic Gardens, was purchased by billionaire James Dyson, gapore over the span of almost three decades. Even though of trees in the UK and New Zealand. “When I go back to the the richest man in the UK, for $41 million ($2,715 psf). some of the bungalows he has designed have changed hands, UK to see my family, I like to buy land and plant trees,” says Recently, a GCB at Bishopsgate, off Nathan Road and Chat- most of the new owners have kept the original design. “Only the self-professed tree-hugger. “I just planted another 4,500 sworth Road in prime District 10, was leased at a record rental one had renovation done,” he says. trees in the UK.” rate of $150,000 a month or $1.8 million a year. In New Zealand, he purchased an 8ha plot of land where While it feels good to hear that the bungalows he designed Record transactions he has planted about 700 trees. “Most people are still una- were transacted at record prices or sold to famous billionaires, Wilkinson has designed four villas in Sentosa Cove — the ware of the danger the planet is in,” says Wilkinson. “I think Wilkinson says: “We’re not going to let that get to our head. most famous is the Fish House, which was completed in 2009 it’s very serious. That’s why as a company, we have planted But it feels good that our designs add value. It’s better than and won the Singapore Institute of Architects’ Architectur- thousands of trees.” having them knocked down.” al Design Award in 2010. The rest of his projects are luxury This multi-country, tree-planting campaign is Guz Archi- Having lived in Singapore for the past 28 years, Wilkin- bungalows, primarily Good Class Bungalows (GCBs), most-

GUZ ARCHITECTS: GUZ ARCHITECTS:

Exterior view of the bungalow on Cluny Road purchased by James Dyson Guz Architects tries to create designs that blend in with nature EDGEPROP | OCTOBER 19. 2020 • EP11 COVER STORY

PICTURES: GUZ ARCHITECTS

The first of four villas in Sentosa Cove designed by Guz Architects, Fish House, won the Singapore Institute of Architects’ Architectural Design Award in 2010 Another bungalow at Sentosa Cove designed for a client who wanted roof gardens on every level ly around the Holland Road neighbourhood: several houses house,’” relates Wilkinson. “I asked, ‘How old is the house?’ few years, I was working by myself. And then eventually as in Cornwall Gardens, three houses on Astrid Hill, a couple And the owner goes, ‘Two years old.’” I got more jobs, I hired a few staff. And my staff have been at Oei Tiong Ham Park and Leedon Park. “We’ve done a lot Wilkinson explained to the owner that he could not accept with me for over 10 years.” of GCBs,” he says. the job. “I told him our planet is in crisis. The owner said, Today, Guz Architects has about seven staff. “We are a very In all his designs, Wilkinson tries to evoke a sense of time- ‘Oh, I understand where you’re coming from, but I just real- small business,” says Wilkinson. “I don’t want a big compa- lessness and space through roof gardens, open courtyards and ly like the land,’” he recalls, lamenting: “Land has become so ny because then I will just become a manager.” ponds. “We want our designs to blend in with nature, and na- expensive in Singapore that the house is irrelevant.” Wilkinson does all the designs by himself at Guz Archi- ture is quiet,” he says. “We don’t want our buildings to stand tects. “I like designing, and I do everything by hand,” he says. out from the street and shout, ‘Hey, we are here.’” Extended family living “I attend all the site meetings, the owners’ meetings and oth- The firm uses materials that are sustainable and sourced High land cost in Singapore has also led to the trend of exer meetings.” His staff assist him in the submission of plans from nearby countries, such as Indonesia rather than Italy. tended family living. Guz Architects recently designed a GCB and coordination. Wilkinson likes the warmth and feel of timber as it blends in for an extended family in the Holland Road area. “It’s one big At any one time, Guz Architects has four or five ongoing well with nature. “We always to try adhere to the same prin- bungalow shared by a multi-generational family,” says Wilkin- projects. “I find that not having too many jobs and having not ciples of greenery and sustainability,” he says. son. Shared spaces include the living, dining and entertain- too many staff is the best way to go,” says Wilkinson. “That ment areas, and there are dedicated floors for each family too. allows us to choose our clients — because a difficult client Personal quirks This living arrangement allows the parents to see their chil- can make life difficult indeed.” What Guz Architects’ clients like about the firm’s designs is dren and their grandchildren often, says Wilkinson. Wilkinson is a proponent of sustainable tropical design. In his respect for nature. Most of them tend to be nature lov- Another large extended family home that Guz Architects July last year, URA revised the site coverage for GCBs from 35% ers too. “They want openness, natural ventilation and green- designed was a GCB for two brothers and their respective fam- to 40%. The 35% site coverage before had excluded the roof ery,” says Wilkinson. “Those who like cascading chandeliers ilies. The bungalow has communal spaces and a courtyard for overhang, while the increase to 40% now includes the eaves. or gold toilet bowls don’t tend to be our clients.” entertaining friends and family. Each family has its own pri- “This will discourage the design of roof overhangs, at a Admittedly, there will always be a segment of home buy- vate wing within the property. The bungalow was completed time when we should be doing more of such tropical de- ers who are not as enthusiastic about greenery. “It’s not to a year ago. “When we met the client recently, he told me that signs,” he says. everyone’s taste,” Wilkinson acknowledges. the house has actually brought them closer together as a fami- Today, Guz Architects’ designs can also be found over- All homeowners have their personal quirks, he concedes. ly. The two brothers were living apart before,” Wilkinson says. seas: in a private condominium project in India, a private res- The GCB owners at Bishopsgate had requested for a roof- He sees such extended family homes as “an efficient way idence in Oman and another property in Jersey, the largest of top swimming pool and gym. Hence, the house features a of living” instead of building and maintaining two separate the Channel Islands, and fronting the English Channel. Hav- 23m lap pool on the roof terrace, which offers spectacular bungalows. ing designed a resort in the Maldives, Wilkinson could po- views. The swimming pool has a glass floor, with a glass However, there are also instances where the parents build tentially be designing one in the Caribbean. He is currently floor that brings daylight to a central atrium on the lower a big house hoping that the children will come live with them. working on a tropical villa in Bali and a second private resi- floors of the house. “But the children don’t want to; they want to live separately,” dence in Jersey. Another owner wanted a swimming pool which he could he adds. “So it can work both ways.” Indeed, Guz Architects’ projects have taken Wilkinson fur- jump into — from the second level of the house. “We had to ther abroad than his boat, Bowman, had. He points to a mod- make sure that the swimming pool was deep enough for that,” One bungalow at a time el of Bowman sitting on a shelf in his office. recounts Wilkinson. When Wilkinson first arrived in Singapore as a 29-year-old Back in 1992, Wilkinson had intended to sail from Hong One client wanted to build a tennis court in his basement. architect in 1992, he worked for a local firm, Tang Wee Houe Kong to the UK. His engine had broken down while he was “We told him it wasn’t practical,” says Wilkinson. “It’s very Architects, for four years before venturing out on his own. sailing along the Strait of Malacca. That brought him to Sin- expensive and unsustainable.” In 1996, when he started his own practice, he decided to gapore to get the engine repaired. After it was repaired, light- Six months ago, someone approached Wilkinson about design one bungalow at a time: “I started with the design of ning struck and all the electronic equipment was damaged. designing a new GCB sitting on a sizeable plot. “The own- one bungalow, and as that project came to an end, I got the “And then a barge smashed into my boat during a storm,” er said, ‘We like your work, we want you to design a new next one by word of mouth,” says Wilkinson. “For the first he says. “So I arrived in Singapore by boat and never left.” E

An extended family home designed by Guz Architects for two brothers who wanted to share a Good Class Bungalow with communal spaces for entertaining and separate private wings for their respective families A private residence designed by Guz Architects for a client in Jersey, with a view of the English Channel EP12 • EDGEPROP | OCTOBER 19, 2020 OFFSHORE Greenland Australia unveils tallest ultra-luxury penthouse in Sydney for A$35 mil

PICTURES: GREENLAND AUSTRALIA BY TIMOTHY TAY [email protected]

new 67-storey skyscraper called Green- land Centre Sydney is the talk of town A since its topping-out ceremony held last month. Developed by Chinese-backed property development group Greenland Austral- ia, the landmark development rises 235m above street level and is the tallest residential tower in the city. The topping-out coincided with news that Greenland Australia will begin marketing the ultra-luxury “King Penthouse” that crowns the top two floors of the development. The 7,255 sq ft penthouse comes with an eye-wa- tering price tag of A$35 million ($34.16 million), which translates to about A$4,824 psf on the floor area. This marks the first time Greenland Australia is publicly listing the ultra-luxury penthouse for sale. It had been kept for private sale since the project was launched in 2014. Located at 115 Bathurst Street in Sydney’s Central Business District, Greenland Centre Sydney is a A$700-million project by Green- land Australia, which plans to designate the 479-unit development as its flagship project in Australia. Speaking at the topping-out ceremony on Sept 7, Sherwood Luo, Greenland Australia’s managing director, remarked that “Greenland The A$35 million ‘King Penthouse’ will be the highest penthouse in Sydney, and is designed by Australian interior designer David Selden has a proud global reputation for delivering ultra-high-rise projects, and Greenland Cen- “The harbour defines and represents the garden on the top floor that features natu- Greenland Australia tre Sydney is no different. [This project] com- beauty and the most amazing aspect of Syd- ral stone floors and a luxury spa surround- Greenland Centre Sydney is the sixth pro- bines our extensive global experience and ney, and we wanted to celebrate this amazing ed by lush landscaping. “This private space ject by Greenland Australia since the com- knowledge with the best in local expertise.” geographical feature, with its undulating coves enables the very best of outdoor living — a pany entered the Australian real estate mar- The topping-out ceremony was also attend- and inlets, which weave from the Pacific Ocean trait that is synonymous with Sydney — us- ket in 2013. The developer is backed by ed by the Mayor of Sydney, Clover Moore; right through to the city itself,” says Selden. ing generous stone paving set within lay- Chinese property group Greenland Group, New South Wales managing director of pro- He adds that natural light and reflectiv- ered and textural landscaping,” says Selden. an international property developer that ject builder Probuild, Nick Gaudry; and co- ity also informed the interior design of the The addition of substantial landscaping is known for its high-rise developments CEO of project architects BVN, James Grose. penthouse, especially given its location at the enhances the outdoor areas which begins around the world. centre of Sydney, and unparalleled views of with a wide entertainment terrace on the According to the Australian Financial Re- ‘King Penthouse’ the harbour. “The design of the walls around eastern side, into an intimate garden terrace view, Greenland Centre Sydney is more than The ‘King Penthouse’ is designed by Aus- the penthouse plays an important role in the on the western side of the penthouse, says 90% sold and most of the top-floor units tralian interior designer David Selden, who extension of natural light. As the light rolls Selden. He adds: “All of these garden spaces have already been snapped up. The news- drew his inspiration from the Sydney Har- over the edges of the curved forms, it em- are designed to reflect the natural and dap- paper also reported that three- and four-bed- bour when he was designing the interior of phasises the generous height of the spac- pled light by day, while inviting in the spar- room units on the top floors have fetched the ultra-luxury residence. es,” he says. kling and glamorous city lights by night.” between A$4,552 psf and A$4,645 psf over The penthouse features polished Italian These design elements also work to aes- The top floor will also feature an outdoor the past few years. stucco lustro walls that curve through the liv- thetically link the lower floor and the upper kitchen while the indoor kitchen will come With the topping-out of Greenland Centre ing areas and mirror the undulating shoreline floor of the residence, which is connected with high-end appliances and a concealed Sydney behind it, the developer says it will fo- along Sydney Harbour, says Selden. Given by a sculptural spiral staircase. In total, the scullery. The entrance to the residence opens cus on the final construction phase, including the apartment’s dizzyingly height, the pent- 7,255 sq ft duplex apartment features 4,424 to a sweeping grand foyer with a fireplace facade installations and the completion of all house will feature 270-degree views of the sq ft of indoor living space and 2,831 sq ft and skylight. The master bedroom features internal fit-outs. Greenland Australia says that Sydney city skyline, Sydney Harbour, and the of outdoor space. a separate timber-panelled dressing room its flagship development is on track to be com- Blue Mountains in the distance. Another design feature is an expansive sky with open display shelving. pleted early next year. E

The duplex, ultra-luxury penthouse comprises 4,424 sq ft of indoor living space, and 2,831 sq ft of outdoor space Selden says the design of the ultra-luxury penthouse was inspired by the natural shoreline of Sydney Harbour EDGEPROP | OCTOBER 19, 2020 • EP13 EP14 • EDGEPROP | OCTOBER 19, 2020 DATA ANALYSIS Buying new condo units isn’t a profit guarantee

PICTURES: SAMUEL ISAAC CHUA/THE EDGE SINGAPORE BY IDA WEST

here is a popular saying within the property circles: “Buy a new condo, sure make money”. This rule of thumb could be useful. Developers often offer early bird discounts, which gives those Tbuyers a better chance of an upside. Addition- ally, as compared to a resale property, developers tend to launch a new development (especially the larger ones) in phases, and each subsequent phase is typically priced higher than the previous one. However, does this hold true all the time? Do buyers always make money from new launches? We decided to use data to test this out. We analysed transactions in projects completed between 2018–2020. There were almost no secondary transactions for projects launched SRI within the three last years because selling your unit would incur a Seller’s Stamp Duty of between 4%–12%. We excluded Executive Con- dos (since there is a minimum occupancy period before you can sell it) and projects with fewer than three secondary transactions.

Hold on or sell? Reflections at Keppel Bay, a 1,129-unit mega condo project completed in 2011 and designed by star architect Out of the 856 secondary transactions record- Daniel Libeskind, is an instantly recognisable development commanding sweeping views of the sea ed for these newly completed projects, 56 of them, or 6.5%, resulted in losses. Although this may seem like a small figure, the actual TABLES: URA, EDGEPROP realised and unrealised losses would be much no. 08-02 at The Marq on Paterson Hill, a de- higher. These losses exclude any additional velopment by SC Global Developments in the Transactions in projects completed between 2018–2020 stamp duties, legal fees and transaction fees Orchard Road vicinity. The owner purchased Project name Estimated No. of No. of No. of % unprofitable that sellers have to incur. the unit for $4,920 psf and sold it more than completion secondary profitable trans- unprofitable Also, it is highly probable that an owner sit- five years later at $3,328 psf for an annualised year transactions actions transactions ting on a property below their purchase price loss of 7.2% or $4.92 million. 1 SUITES 2018 3 1 2 67% would rather hold on to it than to sell and re- ADANA @ THOMSON 2018 2 2 0 0% alise their losses, hence underestimating the Entry price key to profitability BOTANIQUE AT 2018 65 65 0 0% number of unprofitable transactions. So, if brand name developers, celebrity archi- BARTLEY Buying new units from big brand name de- tects, and prime locations are not guarantees of CITY GATE 2018 9 9 0 0% velopers is not a guarantee against losses. For profitability, what are the factors that can help FLORAVIEW 2018 5 3 2 40% example, the 1,042-unit Marina One Residenc- boost chances of a profitable resale? HIGHLINE 2018 11 10 1 9% es, a development by M+S, which is owned From the data, they tend to occur in pro- RESIDENCES 60:40 by Khazanah Nasional Berhad and Te- jects where the initial launch price or entry KAP RESIDENCES 2018 6 3 3 50% masek, recorded five unprofitable transactions price is reasonable relative to the surround- KINGSFORD 2018 23 22 1 4% in the last 12 months. ing projects. For example, Botanique at Bart- WATERBAY The reputation of developers and location of ley, which recorded 65 profitable resale trans- LAKEVILLE 2018 19 18 1 5% developments also doesn’t determine wheth- actions, was launched with an average selling LIV ON SOPHIA 2018 3 0 3 100% er a project sees significant profitable transac- price of $1,280 psf back in April 2015. MARINA ONE 2018 13 8 5 38% tions. The Siena, a development in Bukit Timah Bartley Ridge, a development 300m away, RIVERBANK @ 2018 54 53 1 2% by Far East Organization, had just three resale was launched two years earlier at a similar sell- FERNVALE RIVERTREES 2018 27 27 0 0% transactions — and all three were sold at a loss. ing price. The price premium for Botanique at RESIDENCES While the number of unprofitable transac- Bartley as a new condo relative to older ones SPAZIO @ KOVAN 2018 3 3 0 0% tions in recently completed projects are not in the surrounding area wasn’t hugely signif- THE CREST 2018 13 8 5 38% mind-blowing, this has not always been the icant as well. case. One such example was Reflections at Land replacement cost is also another THE SANTORINI 2018 22 16 6 27% Keppel Bay, a 1,129-unit mega condo project important consideration. Developers which THE TEMBUSU 2018 22 19 3 14% completed in 2011. Daniel Libeskind, the ce- bought parcels of land before the upturn in THE TERRACE 2018 4 4 0 0% lebrity architect, was behind the instantly rec- property cycles enjoy the added advantage of TRILIVE 2018 7 5 2 29% ognisable development commanding sweeping pricing their projects at a far more reasonable ALEX RESIDENCES 2019 17 15 2 12% views of the sea. price relative to the ones who bought nearby COCO PALMS 2019 91 91 0 0% Yet, out of the 250 resale transactions so land much later. COMMONWEALTH 2019 39 38 1 3% far, 142 or 57%, were unprofitable. The larg- At the end of the day, doing your own re- TOWERS est loss was incurred by the previous owner of search and understanding the dynamics at EON SHENTON 2019 10 6 4 40% unit no. 05-58, who bought the unit for $2,769 play will help you pick the right condo for in- HILLS TWOONE 2019 9 3 6 67% psf, held it for 12 years, and sold it at $1,518 vestment — and avoid losses when you sell KALLANG RIVERSIDE 2019 5 4 1 20% psf — or 45% below its purchase price — for them later. E a loss of more than $4.8 million. LIV ON WILKIE 2019 3 0 3 100% In terms of annualised losses, nothing beats This story first appeared on edgeprop.sg on Fri- PRINCIPAL GARDEN 2019 12 12 0 0% the loss suffered by the previous owner of unit day, Oct 9, 2020 SYMPHONY SUITES 2019 11 11 0 0% THE PANORAMA 2019 58 58 0 0% THE POIZ 2019 18 18 0 0% Projects with significant losses RESIDENCES WANDERVALE 2019 6 6 0 0% Project name Completion No. of No. of profitable No. of % unprofitable HIGH PARK 2020 180 180 0 0% date secondary transactions unprofitable RESIDENCES transactions transactions NORTH PARK 2020 32 31 1 3% RESIDENCES REFLECTIONS AT 2011 250 108 142 57 KEPPEL BAY QUEENS PEAK 2020 3 3 0 0% ORCHARD SCOTTS 2008 46 17 29 63 SIMS URBAN OASIS 2020 48 48 0 0% SCOTTS SQUARE 2011 54 7 47 87 THE SIENA 2020 3 0 3 100% THE MARQ ON 2011 9 1 8 89 856 800 56 PATERSON HILL EDGEPROP | OCTOBER 19. 2020 • EP15 GAINS AND LOSSES

Unit at Elizabeth Heights reaps $2.7 mil profit

PICTURES: SAMUEL ISAAC CHUA/THE EDGE SINGAPORE

The second most profitable deal is the sale of a three-bedroom unit at Belmond Green, which gained the seller a 140% profit

BY VALERIE KOR an annualised profit of 4% over 20 years. [email protected] The second most profitable sale was con- cluded at Belmond Green, in District 10. The uring the week of Sept 29 to Oct 6, a 1,270 sq ft, three-bedroom unit on the ground four-bedroom unit at Elizabeth Heights floor was previously bought for $877,000 ($690 in prime District 9 achieved the top gain psf) in May 2004, and transacted for $2.1 mil- of $2.7 million. The 2,530 sq ft unit on lion ($1,657 psf) on Oct 5. The seller earned a the fourth floor was purchased in May 140% profit of $1.23 million, or an 8.5% annu- D1999 for $1.73 million ($684 psf) and changed alised profit over more than 16 years. hands on Oct 2 for $4.45 million ($1,759 psf). Belmond Green is a 211-unit freehold condo- The 157% profit translates to an annualised minium along Balmoral Road, and was complet- profit of 7.3% over more than 21 years. ed in 2004 by CapitaLand. The building is 12 Elizabeth Heights is a freehold condomini- storeys high. Belmond Green is in proximity to um along Cairnhill Road comprising 90 units. Newton MRT Station and Newton Food Centre. Completed in 1983 by Victory Realty, it is in The third top gain was from the sale of a 1,389 proximity to the Orchard Road shopping belt sq ft resale unit on the third floor at Country and Newton Food Centre. Additionally, it is an Park Condominium in District 16 in the east. eight-minute walk to Newton MRT Station on It was sold for $1.82 million ($1,311 psf), 16½ the North-South and Downtown Lines. years after being bought for $765,000 ($551 In March, the sale of another unit at Eliza- psf) in April 2004. This translates to a 138% beth Heights made a profit of $2.54 million. profit of $1.06 million, or annualised at 8.4%. Purchased for $1.96 million ($785 psf) in No- Country Park Condominium is a freehold vember 1999 and sold for $4.5 million ($1,802 condominium along Bedok Road, comprising psf) on March 9, the seller of the 2,497 sq ft 160 units. Completed in 2003, it was developed A unit at Elizabeth Heights changed hands for $4.45 million on Oct 2 unit on the 12th floor made a 130% profit, or by UOL Group. E

Top 10 gains from Sept 29 to Oct 6*

Most profitable deals PROJECT DISTRICT AREA SOLD ON SALE PRICE ($ PSF) BOUGHT ON PURCHASE PRICE PROFIT ($) PROFIT (%) ANNUALISED PROFIT (%) HOLDING PERIOD ( SQ FT) (2020) ($ PSF) (YEARS) 1 ELIZABETH HEIGHTS 9 2,530 Oct 2 1,759 May 8, 1999 684 2,720,000 157 7.3 21.4 2 BELMOND GREEN 10 1,270 Oct 5 1,657 May 19, 2004 690 1,228,000 140 8.5 16.4 3 COUNTRY PARK CONDOMINIUM 16 1,389 Oct 6 1,311 Apr 21, 2004 551 1,055,000 138 8.4 16.5 4 LAGUNA PARK 15 1,453 Oct 2 929 Aug 4, 2005 277 948,000 236 15.6 15.2 5 EMERY POINT 15 1,324 Oct 1 1,313 Oct 29, 2013 595 951,020 121 17.4 6.9 6 TRELLIS TOWERS 12 1,485 Sep 29 1,508 Dec 10, 1996 896 909,170 68 2.9 23.8 7 THE RAINTREE 21 1,582 Sep 29 1,043 Mar 20, 2006 510 843,800 105 7.2 14.5 8 THE NEXUS 21 947 Oct 5 1,636 Jun 24, 2005 792 800,000 107 7.0 15.3 9 THE BEACON EDGE 15 990 Oct 1 1,595 Feb 24, 2009 790 797,900 102 8.8 11.6 10 SERAYA VILLE 15 2,379 Oct 5 1,093 Aug 3, 2009 555 787,000 97 8.7 11.2

* Top gains according to gross profit ($) Source: URA, EdgeProp Singapore Note: 1. Computed based on URA caveat data as at Oct 13 for private non-landed houses transacted between Sept 29 and Oct 6. 2. The profit and loss computation excludes transaction costs such as stamp duties. EP16 • EDGEPROP | OCTOBER 19, 2020 DONE DEALS

Residential transactions with contracts dated Sept 29 to Oct 6 Singapore — by postal district LOCALITIES DISTRICTS City & Southwest 1 to 8 SALE DATE LAND AREA/ TRANSACTED NETT PRICE UNIT PRICE COMPLETION Orchard/Tanglin/Holland 9 and 10 PROJECT NAME PROPERTY TYPE TENURE (2020) FLOOR AREA (SQ FT) PRICE ($) ($ PSF) ($ PSF) DATE TYPE OF SALE Newton/Bukit Timah/Clementi 11 and 21 ROYALGREEN Condominium Freehold Oct 3 1,044 2,888,000 - 2,766 Uncompleted New Sale Balestier/MacPherson/Geylang 12 to 14 SOMMERVILLE PARK Condominium Freehold Oct 2 1,927 3,150,000 - 1,635 1985 Resale East Coast 15 and 16 VOLARI Condominium Freehold Oct 5 2,174 4,800,000 - 2,208 2012 Resale Changi/Pasir Ris 17 and 18 District 11 ADRIA Apartment Freehold Oct 1 1,302 2,200,000 - 1,689 2013 Resale Serangoon/Thomson 19 and 20 FYVE DERBYSHIRE Apartment Freehold Oct 2 936 2,068,000 - 2,208 Uncompleted New Sale West 22 to 24 DALKEITH ROAD Detached Freehold Oct 5 10,030 15,250,000 - 1,520 1991 Resale North 25 to 28 PULLMAN RESIDENCES NEWTON Apartment Freehold Oct 3 1,378 3,548,000 - 2,575 Uncompleted New Sale PULLMAN RESIDENCES NEWTON Apartment Freehold Oct 4 463 1,270,000 - 2,744 Uncompleted New Sale PULLMAN RESIDENCES NEWTON Apartment Freehold Sep 29 1,163 3,100,000 - 2,667 Uncompleted New Sale RESIDENCES @ EVELYN Condominium Freehold Oct 6 1,033 2,030,000 - 1,964 2007 Resale SOLEIL @ SINARAN Condominium 99 years Oct 5 1,098 2,000,000 - 1,822 2011 Resale THE HUNTINGTON Apartment Freehold Oct 5 969 1,700,000 - 1,755 2000 Resale District 12 DOMUS Apartment Freehold Oct 2 904 1,433,000 - 1,585 2012 Resale EIGHT RIVERSUITES Condominium 99 years Oct 2 441 733,000 - 1,661 2016 Resale JUI RESIDENCES Apartment Freehold Sep 30 947 1,747,972 - 1,845 Uncompleted New Sale MOONSTONE RESIDENCES Apartment Freehold Oct 5 1,044 1,230,000 - 1,178 2004 Resale NOVA 88 Apartment Freehold Oct 5 926 1,220,000 - 1,318 2012 Resale THE INTERWEAVE Apartment Freehold Sep 30 441 638,000 - 1,446 2014 Resale TRELLIS TOWERS Condominium Freehold Sep 29 1,485 2,240,000 - 1,508 2000 Resale VERTICUS Apartment Freehold Sep 30 753 1,440,000 - 1,911 Uncompleted New Sale District 13 CLYDESWOOD Apartment Freehold Oct 5 958 920,000 - 960 1993 Resale MACPHERSON GARDEN ESTATE Terrace Freehold Oct 5 1,298 1,735,888 - 1,337 - Resale LICHI AVENUE Terrace Freehold Oct 5 1,703 2,230,000 - 1,310 - Resale MACPHERSON ROAD Terrace Freehold Oct 6 1,501 1,960,000 - 1,306 1960 Resale NIN RESIDENCE Apartment 99 years Sep 30 1,238 1,603,888 - 1,296 2014 Resale SALE DATE LAND AREA/ TRANSACTED NETT PRICE UNIT PRICE COMPLETION PARK COLONIAL Condominium 99 years Sep 30 1,711 3,076,000 - 1,797 Uncompleted New Sale PROJECT NAME PROPERTY TYPE TENURE (2020) FLOOR AREA (SQ FT) PRICE ($) ($ PSF) ($ PSF) DATE TYPE OF SALE PARK COLONIAL Condominium 99 years Sep 30 1,711 3,097,000 - 1,810 Uncompleted New Sale SKY GREEN Condominium Freehold Sep 29 1,496 2,097,000 - 1,402 2015 Resale District 1 THE POIZ RESIDENCES Apartment 99 years Oct 6 1,184 1,880,000 - 1,588 2018 Resale N.A. Apartment 99 years Sep 29 1,593 3,714,441 - 2,332 2017 Resale THE TRE VER Condominium 99 years Oct 2 1,098 1,723,000 - 1,569 Uncompleted New Sale District 2 THE TRE VER Condominium 99 years Oct 2 1,012 1,682,000 - 1,662 Uncompleted New Sale ICON Apartment 99 years Oct 1 581 960,000 - 1,652 2007 Resale THE TRE VER Condominium 99 years Oct 2 1,012 1,683,000 - 1,663 Uncompleted New Sale SPOTTISWOODE 18 Apartment Freehold Oct 1 388 798,000 - 2,059 2014 Resale THE WOODLEIGH RESIDENCES Apartment 99 years Oct 1 570 1,113,000 - 1,951 Uncompleted New Sale SPOTTISWOODE RESIDENCES Condominium Freehold Sep 30 926 1,900,000 - 2,052 2013 Resale THE WOODLEIGH RESIDENCES Apartment 99 years Oct 1 570 1,134,000 - 1,988 Uncompleted New Sale WALLICH RESIDENCE Apartment 99 years Sep 29 1,098 3,280,000 - 2,987 2017 Resale THE WOODLEIGH RESIDENCES Apartment 99 years Oct 1 570 1,132,000 - 1,984 Uncompleted New Sale District 3 THE WOODLEIGH RESIDENCES Apartment 99 years Oct 2 958 1,796,000 - 1,875 Uncompleted New Sale AVENUE SOUTH RESIDENCE Apartment 99 years Oct 4 689 1,543,000 - 2,240 Uncompleted New Sale THE WOODLEIGH RESIDENCES Apartment 99 years Oct 2 570 1,113,000 - 1,951 Uncompleted New Sale AVENUE SOUTH RESIDENCE Apartment 99 years Sep 29 732 1,540,000 - 2,104 Uncompleted New Sale THE WOODLEIGH RESIDENCES Apartment 99 years Oct 2 570 1,144,000 - 2,005 Uncompleted New Sale AVENUE SOUTH RESIDENCE Apartment 99 years Sep 29 527 1,086,000 - 2,059 Uncompleted New Sale THE WOODLEIGH RESIDENCES Apartment 99 years Oct 3 570 1,123,000 - 1,968 Uncompleted New Sale AVENUE SOUTH RESIDENCE Apartment 99 years Sep 30 527 1,095,000 - 2,076 Uncompleted New Sale THE WOODLEIGH RESIDENCES Apartment 99 years Oct 3 958 1,923,000 - 2,007 Uncompleted New Sale COMMONWEALTH TOWERS Condominium 99 years Oct 2 474 850,000 - 1,795 2017 Resale THE WOODLEIGH RESIDENCES Apartment 99 years Oct 4 958 1,796,000 - 1,875 Uncompleted New Sale ECHELON Condominium 99 years Oct 5 1,572 2,260,000 - 1,438 2016 Resale THE WOODLEIGH RESIDENCES Apartment 99 years Sep 29 958 1,913,000 - 1,997 Uncompleted New Sale ONE PEARL BANK Apartment 99 years Oct 1 700 1,803,000 - 2,577 Uncompleted New Sale THE WOODLEIGH RESIDENCES Apartment 99 years Sep 30 592 1,172,000 - 1,980 Uncompleted New Sale ONE PEARL BANK Apartment 99 years Oct 2 700 1,763,000 - 2,520 Uncompleted New Sale THE WOODLEIGH RESIDENCES Apartment 99 years Sep 30 689 1,394,000 - 2,024 Uncompleted New Sale STIRLING RESIDENCES Apartment 99 years Oct 2 678 1,431,000 - 2,110 Uncompleted New Sale District 14 STIRLING RESIDENCES Apartment 99 years Oct 4 1,281 1,961,000 - 1,531 Uncompleted New Sale CASA SARINA Condominium Freehold Oct 6 1,109 1,200,000 - 1,082 1998 Resale STIRLING RESIDENCES Apartment 99 years Oct 4 506 1,063,000 - 2,101 Uncompleted New Sale CENTRAL GROVE Condominium 99 years Oct 1 1,216 1,168,000 - 960 2001 Resale STIRLING RESIDENCES Apartment 99 years Oct 4 635 1,356,000 - 2,135 Uncompleted New Sale ENG APARTMENTS Apartment Freehold Oct 6 1,109 1,140,000 - 1,028 1995 Resale STIRLING RESIDENCES Apartment 99 years Oct 4 1,346 2,675,000 - 1,988 Uncompleted New Sale ESTA RUBY Apartment Freehold Sep 29 1,130 1,480,000 - 1,309 2012 Resale STIRLING RESIDENCES Apartment 99 years Sep 29 635 1,326,000 - 2,088 Uncompleted New Sale EUHABITAT Condominium 99 years Oct 1 538 675,000 - 1,254 2015 Resale STIRLING RESIDENCES Apartment 99 years Sep 30 1,346 2,666,000 - 1,981 Uncompleted New Sale GRANDVIEW SUITES Apartment Freehold Oct 5 377 480,000 - 1,274 2016 Resale THE METROPOLITAN CONDOMINIUM Condominium 99 years Oct 6 1,399 1,980,000 - 1,415 2009 Resale MELOSA Apartment Freehold Oct 2 431 550,000 - 1,277 2013 Resale District 4 JALAN SENANG Semi-Detached Freehold Sep 30 4,047 3,780,000 - 934 1990 Resale CARIBBEAN AT KEPPEL BAY Condominium 99 years Sep 29 883 1,450,000 - 1,643 2004 Resale PARC ESTA Apartment 99 years Oct 2 861 1,410,000 - 1,637 Uncompleted New Sale REFLECTIONS AT KEPPEL BAY Condominium 99 years Oct 1 1,324 2,008,000 - 1,517 2011 Resale PARC ESTA Apartment 99 years Oct 2 1,119 1,885,000 - 1,684 Uncompleted New Sale REFLECTIONS AT KEPPEL BAY Condominium 99 years Oct 5 1,485 2,180,000 - 1,468 2011 Resale PARC ESTA Apartment 99 years Oct 2 861 1,397,000 - 1,622 Uncompleted New Sale District 5 PARC ESTA Apartment 99 years Oct 2 1,335 2,094,000 - 1,569 Uncompleted New Sale CARABELLE Condominium 956 years Oct 1 947 1,260,000 - 1,330 2009 Resale PARC ESTA Apartment 99 years Oct 3 850 1,406,000 - 1,653 Uncompleted New Sale CARABELLE Condominium 956 years Oct 5 947 1,258,000 - 1,328 2009 Resale PENROSE Apartment 99 years Oct 2 807 1,379,000 - 1,708 Uncompleted New Sale HUNDRED TREES Condominium 956 years Oct 2 915 1,190,000 - 1,301 2013 Resale PENROSE Apartment 99 years Oct 2 797 1,393,000 - 1,749 Uncompleted New Sale KENT RIDGE HILL RESIDENCES Apartment 99 years Oct 2 947 1,768,000 - 1,866 Uncompleted New Sale PENROSE Apartment 99 years Oct 2 797 1,362,000 - 1,710 Uncompleted New Sale KENT RIDGE HILL RESIDENCES Apartment 99 years Oct 3 743 1,427,000 - 1,921 Uncompleted New Sale PENROSE Apartment 99 years Oct 3 1,399 2,310,000 - 1,651 Uncompleted New Sale KENT RIDGE HILL RESIDENCES Apartment 99 years Oct 4 775 1,411,000 - 1,821 Uncompleted New Sale PENROSE Apartment 99 years Oct 3 980 1,582,000 - 1,615 Uncompleted New Sale PASIR PANJANG LODGE Apartment Freehold Oct 2 1,270 1,240,000 - 976 1995 Resale PENROSE Apartment 99 years Sep 29 807 1,351,000 - 1,673 Uncompleted New Sale THE INFINITI Condominium Freehold Oct 5 1,238 1,280,000 - 1,034 2008 Resale PENROSE Apartment 99 years Sep 29 1,098 1,769,000 - 1,611 Uncompleted New Sale THE TRILINQ Condominium 99 years Oct 2 936 1,495,000 - 1,596 2017 Resale THE TRUMPS Condominium 99 years Oct 1 1,432 1,800,000 - 1,257 2005 Resale TWIN VEW Apartment 99 years Oct 2 1,378 1,948,000 - 1,414 Uncompleted New Sale THE WATER EDGE Apartment Freehold Oct 5 926 850,888 - 919 2013 Resale TWIN VEW Apartment 99 years Oct 4 1,141 1,692,000 - 1,483 Uncompleted New Sale WATERBANK AT DAKOTA Condominium 99 years Sep 29 883 1,520,000 - 1,722 2013 Resale TWIN VEW Apartment 99 years Sep 29 1,378 2,016,000 - 1,463 Uncompleted New Sale District 15 WHISTLER GRAND Apartment 99 years Oct 1 603 983,200 - 1,631 Uncompleted New Sale AMBER 45 Apartment Freehold Sep 30 1,346 2,839,550 - 2,110 2020 New Sale WHISTLER GRAND Apartment 99 years Oct 3 1,281 1,798,400 - 1,404 Uncompleted New Sale AMBER PARK Condominium Freehold Oct 4 463 1,092,800 - 2,361 Uncompleted New Sale WHISTLER GRAND Apartment 99 years Oct 3 1,442 1,984,000 - 1,376 Uncompleted New Sale BUTTERWORTH VIEW Apartment Freehold Oct 2 1,216 1,580,000 - 1,299 1999 Resale WHISTLER GRAND Apartment 99 years Oct 3 1,270 1,836,800 - 1,446 Uncompleted New Sale CASERO @ DUNMAN Apartment Freehold Oct 2 872 1,040,000 - 1,193 2008 Resale WHISTLER GRAND Apartment 99 years Oct 4 700 1,064,800 - 1,522 Uncompleted New Sale COASTLINE RESIDENCES Apartment Freehold Oct 1 710 1,697,850 - 2,390 Uncompleted New Sale District 7 COSTA RHU Condominium 99 years Oct 6 1,722 1,780,000 - 1,034 1997 Resale DUO RESIDENCES Apartment 99 years Oct 1 646 1,290,000 - 1,997 2017 Resale COSTA RHU Condominium 99 years Sep 30 1,335 1,800,000 - 1,349 1997 Resale DUO RESIDENCES Apartment 99 years Oct 5 1,001 1,980,000 - 1,978 2017 Resale DUNMAN PLACE Apartment Freehold Sep 29 1,292 1,780,000 - 1,378 2001 Resale THE M Apartment 99 years Oct 4 721 1,800,000 - 2,496 Uncompleted New Sale EMERY POINT Apartment Freehold Oct 1 1,324 1,738,800 - 1,313 2003 Resale THE M Apartment 99 years Oct 4 592 1,600,000 - 2,703 Uncompleted New Sale FLAMINGO VALLEY Condominium Freehold Sep 29 818 1,200,000 - 1,467 2014 Resale THE M Apartment 99 years Sep 30 592 1,600,000 - 2,703 Uncompleted New Sale FLAMINGO VALLEY Condominium Freehold Sep 29 1,195 1,475,000 - 1,235 2014 Resale District 8 LAGUNA PARK Apartment 99 years Oct 2 1,453 1,350,000 - 929 1978 Resale MEYER MANSION Apartment Freehold Oct 2 1,722 4,635,800 - 2,692 Uncompleted New Sale UPTOWN @ FARRER Apartment 99 years Oct 2 764 1,377,000 - 1,802 Uncompleted New Sale MEYER MANSION Apartment Freehold Oct 4 1,722 4,650,200 - 2,700 Uncompleted New Sale UPTOWN @ FARRER Apartment 99 years Oct 4 764 1,353,000 - 1,770 Uncompleted New Sale MEYER MANSION Apartment Freehold Sep 30 1,109 2,963,500 - 2,673 Uncompleted New Sale District 9 MODA Apartment Freehold Oct 5 980 1,670,000 - 1,705 2014 Resale 8 SAINT THOMAS Condominium Freehold Oct 1 872 2,550,000 - 2,925 2018 Resale JALAN ULU SIGLAP Terrace Freehold Oct 2 2,195 3,000,000 - 1,367 1991 Resale 8 SAINT THOMAS Condominium Freehold Sep 30 1,044 2,900,000 - 2,777 2018 Resale MARGATE ROAD Semi-Detached Freehold Oct 2 4,839 6,480,000 - 1,339 1984 Resale CAIRNHILL PLAZA Apartment Freehold Oct 2 2,820 4,150,000 - 1,472 1978 Resale N.A. Apartment Freehold Oct 5 980 1,388,000 - 1,417 - Resale ELIZABETH HEIGHTS Condominium Freehold Oct 2 2,530 4,450,000 - 1,759 1983 Resale MARSHALL ROAD Semi-Detached Freehold Oct 5 3,399 4,088,888 - 1,203 1963 Resale ESPADA Apartment Freehold Oct 2 667 1,360,000 - 2,038 2013 Resale TELOK KURAU ROAD Semi-Detached Freehold Oct 6 2,369 3,300,000 - 1,393 1995 Resale HILLTOPS Condominium Freehold Oct 1 2,390 7,532,000 - 3,152 2011 Resale ONE @ PULASAN Apartment Freehold Oct 1 452 590,000 - 1,305 2009 Resale HILLTOPS Condominium Freehold Oct 1 2,379 7,496,000 - 3,151 2011 Resale ONE MEYER Apartment Freehold Oct 2 614 1,620,000 - 2,640 Uncompleted New Sale KOPAR AT NEWTON Apartment 99 years Sep 29 689 1,537,000 - 2,231 Uncompleted New Sale OPERA ESTATE Semi-Detached Freehold Sep 29 5,101 4,400,000 - 863 1992 Resale MOUNT SOPHIA SUITES Apartment Freehold Oct 1 366 788,000 - 2,153 2010 Resale SANDALWOOD Apartment Freehold Oct 6 1,184 1,491,000 - 1,259 2005 Resale PATERSON SUITES Condominium Freehold Oct 1 1,776 3,800,000 - 2,140 2010 Resale SEASIDE RESIDENCES Apartment 99 years Oct 1 560 1,025,000 - 1,831 Uncompleted New Sale RIVERGATE Apartment Freehold Oct 2 2,088 4,600,000 - 2,203 2009 Resale SEASIDE RESIDENCES Apartment 99 years Oct 4 592 1,205,000 - 2,035 Uncompleted New Sale ROBERTSON EDGE Apartment 999 years Oct 6 689 1,200,000 - 1,742 2008 Resale SEASIDE RESIDENCES Apartment 99 years Sep 30 1,087 2,035,800 - 1,873 Uncompleted New Sale RV ALTITUDE Apartment Freehold Sep 29 624 1,750,000 - 2,803 Uncompleted New Sale SERAYA VILLE Apartment Freehold Oct 2 1,464 1,600,000 - 1,093 1991 Resale THE AVENIR Condominium Freehold Oct 3 1,572 4,768,000 - 3,034 Uncompleted New Sale SUITES @ EASTCOAST Condominium Freehold Sep 29 904 1,090,000 - 1,206 2012 Resale TRIBECA Condominium Freehold Oct 2 1,378 2,828,000 - 2,053 2010 Resale THE ARISTO @ AMBER Apartment Freehold Oct 5 807 1,490,000 - 1,846 2013 Resale District 10 THE BEACON EDGE Apartment Freehold Oct 1 990 1,580,000 - 1,595 2009 Resale 3 ORCHARD BY-THE-PARK Condominium Freehold Oct 1 2,260 7,797,000 - 3,449 2017 Resale THE MEYERISE Condominium Freehold Oct 6 883 1,803,000 - 2,043 2014 Resale BELMOND GREEN Condominium Freehold Oct 5 1,270 2,105,000 - 1,657 2004 Resale THE MONTAGE Apartment Freehold Oct 5 1,819 1,928,000 - 1,060 2009 Resale D’LEEDON Condominium 99 years Oct 2 1,421 2,180,000 - 1,534 2014 Resale THE NCLAVE Apartment Freehold Sep 30 1,927 2,050,000 - 1,064 2007 Resale DUCHESS CREST Condominium 99 years Oct 2 1,884 2,600,000 - 1,380 1998 Resale THE SEAFRONT ON MEYER Condominium Freehold Oct 2 1,615 2,950,000 - 1,827 2010 Resale FOURTH AVENUE RESIDENCES Apartment 99 years Oct 4 484 1,118,000 - 2,308 Uncompleted New Sale District 16 FOURTH AVENUE RESIDENCES Apartment 99 years Oct 4 484 1,048,000 - 2,164 Uncompleted New Sale BAYSHORE PARK Condominium 99 years Oct 1 936 936,000 - 1,000 1986 Resale FOURTH AVENUE RESIDENCES Apartment 99 years Oct 4 710 1,775,000 - 2,499 Uncompleted New Sale CASAFINA Condominium 99 years Sep 30 2,121 1,450,000 - 684 1999 Resale FOURTH AVENUE RESIDENCES Apartment 99 years Sep 29 484 1,115,000 - 2,302 Uncompleted New Sale COSTA DEL SOL Condominium 99 years Sep 29 1,475 2,138,000 - 1,450 2003 Resale FOURTH AVENUE RESIDENCES Apartment 99 years Sep 30 646 1,548,000 - 2,397 Uncompleted New Sale COUNTRY PARK CONDOMINIUM Condominium Freehold Oct 6 1,389 1,820,000 - 1,311 2003 Resale FOURTH AVENUE RESIDENCES Apartment 99 years Sep 30 484 1,118,000 - 2,308 Uncompleted New Sale EXCELSIOR GARDENS Terrace Freehold Sep 29 1,706 2,820,000 - 1,653 1991 Resale GISBORNE LIGHT Apartment Freehold Oct 1 936 1,325,000 - 1,415 2003 Resale GRANDEUR PARK RESIDENCES Condominium 99 years Sep 30 1,453 2,171,000 - 1,494 Uncompleted New Sale GOODWOOD RESIDENCE Condominium Freehold Oct 2 2,024 4,588,000 - 2,267 2013 Resale MERA TERRACE Terrace Freehold Oct 5 1,615 2,480,000 - 1,536 1996 Resale HOLLAND GREEN Detached 99 years Oct 2 4,340 3,400,000 - 783 1998 Resale PICARDY GARDENS Semi-Detached Freehold Sep 30 3,552 4,850,000 - 1,365 1975 Resale HYLL ON HOLLAND Condominium Freehold Oct 2 657 1,809,600 - 2,756 Uncompleted New Sale THE BAYSHORE Condominium 99 years Oct 1 1,184 1,280,000 - 1,081 1997 Resale HYLL ON HOLLAND Condominium Freehold Oct 2 657 1,791,600 - 2,729 Uncompleted New Sale THE TANAMERA Condominium 99 years Oct 2 958 818,000 - 854 1994 Resale HYLL ON HOLLAND Condominium Freehold Oct 2 657 1,723,400 - 2,625 Uncompleted New Sale WATERFRONT GOLD Condominium 99 years Sep 29 1,475 1,738,000 - 1,179 2014 Resale HYLL ON HOLLAND Condominium Freehold Oct 3 657 1,651,400 - 2,515 Uncompleted New Sale District 17 JERVOIS LODGE Condominium Freehold Sep 29 1,389 1,750,000 - 1,260 1997 Resale COASTAL VIEW RESIDENCES Apartment 999 years Sep 30 1,152 999,000 - 867 2009 Resale LEEDON 2 Condominium Freehold Oct 1 1,109 1,800,000 - 1,624 1996 Resale LOYANG VILLAS Terrace 99 years Sep 29 1,616 1,550,000 - 959 1996 Resale LEEDON GREEN Condominium Freehold Oct 4 710 1,751,900 - 2,466 Uncompleted New Sale OCEAN FRONT SUITES Apartment 946 years Oct 2 398 535,000 - 1,343 2014 Resale LEEDON GREEN Condominium Freehold Oct 4 474 1,218,000 - 2,572 Uncompleted New Sale PALM ISLES Condominium 99 years Oct 5 807 710,000 - 879 2015 Resale MOUNT SINAI Terrace 999 years Oct 2 1,863 4,660,000 - 2,501 - Resale PARC KOMO Apartment Freehold Oct 3 1,410 1,998,000 - 1,417 Uncompleted New Sale NOUVEL 18 Condominium Freehold Oct 1 1,765 5,475,000 - 3,101 2014 Resale PARC KOMO Apartment Freehold Sep 30 1,808 2,632,000 - 1,455 Uncompleted New Sale ONE TREE HILL MANSIONS Apartment 99 years Sep 30 1,615 1,750,000 - 1,084 - Resale EDGEPROP | OCTOBER 19. 2020 • EP17 DONE DEALS

Residential transactions with contracts dated Sept 29 to Oct 6

SALE DATE LAND AREA/ TRANSACTED NETT PRICE UNIT PRICE COMPLETION SALE DATE LAND AREA/ TRANSACTED NETT PRICE UNIT PRICE COMPLETION PROJECT NAME PROPERTY TYPE TENURE (2020) FLOOR AREA (SQ FT) PRICE ($) ($ PSF) ($ PSF) DATE TYPE OF SALE PROJECT NAME PROPERTY TYPE TENURE (2020) FLOOR AREA (SQ FT) PRICE ($) ($ PSF) ($ PSF) DATE TYPE OF SALE THE JOVELL Condominium 99 years Oct 3 527 726,000 - 1,376 Uncompleted New Sale COUNTRY ESQUIRE Condominium Freehold Sep 29 1,679 2,050,000 - 1,221 1992 Resale District 18 GOLDEN HILL ESTATE Terrace Freehold Oct 2 2,016 2,750,888 - 1,364 1980 Resale CHANGI RISE CONDOMINIUM Condominium 99 years Oct 1 1,259 945,000 - 750 2004 Resale GRANDEUR 8 Condominium 99 years Sep 30 1,216 1,250,000 - 1,028 2005 Resale CHANGI RISE CONDOMINIUM Condominium 99 years Sep 30 1,259 955,000 - 758 2004 Resale JADESCAPE Condominium 99 years Oct 1 527 898,300 - 1,703 Uncompleted New Sale CITYLIFE@TAMPINES EC 99 years Sep 30 1,130 1,160,000 - 1,026 2016 Resale JADESCAPE Condominium 99 years Oct 3 764 1,364,000 - 1,785 Uncompleted New Sale COCO PALMS Condominium 99 years Sep 30 915 1,000,000 - 1,093 2018 Resale JADESCAPE Condominium 99 years Oct 3 527 976,000 - 1,850 Uncompleted New Sale D’NEST Condominium 99 years Oct 2 936 950,000 - 1,014 2017 Resale JADESCAPE Condominium 99 years Oct 3 764 1,395,500 - 1,826 Uncompleted New Sale DOUBLE BAY RESIDENCES Condominium 99 years Sep 29 1,367 1,530,000 - 1,119 2012 Resale JADESCAPE Condominium 99 years Oct 4 764 1,361,000 - 1,781 Uncompleted New Sale ELIAS GREEN Condominium 99 years Oct 5 1,550 1,010,500 - 652 1994 Resale JADESCAPE Condominium 99 years Oct 4 764 1,375,100 - 1,799 Uncompleted New Sale NV RESIDENCES Condominium 99 years Oct 5 1,453 1,258,000 - 866 2013 Resale JADESCAPE Condominium 99 years Oct 4 1,259 2,195,000 - 1,743 Uncompleted New Sale Q BAY RESIDENCES Condominium 99 years Oct 1 527 586,000 - 1,111 2016 Resale JADESCAPE Condominium 99 years Oct 4 1,259 2,210,200 - 1,755 Uncompleted New Sale RIPPLE BAY Condominium 99 years Oct 6 797 765,000 - 960 2015 Resale JADESCAPE Condominium 99 years Sep 29 764 1,453,000 - 1,901 Uncompleted New Sale THE PALETTE Condominium 99 years Sep 29 743 805,000 - 1,084 2015 Resale JADESCAPE Condominium 99 years Sep 29 1,647 2,812,500 - 1,708 Uncompleted New Sale THE SANTORINI Condominium 99 years Sep 29 463 598,000 - 1,292 2017 Resale JADESCAPE Condominium 99 years Sep 29 764 1,356,000 - 1,774 Uncompleted New Sale TREASURE AT TAMPINES Condominium 99 years Oct 1 1,238 1,665,000 - 1,345 Uncompleted New Sale JADESCAPE Condominium 99 years Sep 29 1,421 2,482,700 - 1,747 Uncompleted New Sale TREASURE AT TAMPINES Condominium 99 years Oct 2 1,033 1,353,000 - 1,309 Uncompleted New Sale JADESCAPE Condominium 99 years Sep 29 1,421 2,490,900 - 1,753 Uncompleted New Sale TREASURE AT TAMPINES Condominium 99 years Oct 2 678 990,000 - 1,460 Uncompleted New Sale JADESCAPE Condominium 99 years Sep 29 764 1,364,900 - 1,786 Uncompleted New Sale TREASURE AT TAMPINES Condominium 99 years Oct 3 592 894,000 - 1,510 Uncompleted New Sale JADESCAPE Condominium 99 years Sep 29 764 1,358,000 - 1,777 Uncompleted New Sale TREASURE AT TAMPINES Condominium 99 years Oct 3 657 925,000 - 1,409 Uncompleted New Sale JADESCAPE Condominium 99 years Sep 30 527 986,500 - 1,870 Uncompleted New Sale TREASURE AT TAMPINES Condominium 99 years Oct 3 657 959,000 - 1,461 Uncompleted New Sale JADESCAPE Condominium 99 years Sep 30 527 949,400 - 1,800 Uncompleted New Sale TREASURE AT TAMPINES Condominium 99 years Oct 3 657 964,000 - 1,468 Uncompleted New Sale JADESCAPE Condominium 99 years Sep 30 764 1,370,000 - 1,793 Uncompleted New Sale TREASURE AT TAMPINES Condominium 99 years Oct 3 1,012 1,412,000 - 1,396 Uncompleted New Sale SKY VUE Condominium 99 years Oct 6 678 1,180,000 - 1,740 2016 Resale TREASURE AT TAMPINES Condominium 99 years Oct 3 1,335 1,821,000 - 1,364 Uncompleted New Sale THE PANORAMA Condominium 99 years Sep 29 474 685,000 - 1,446 2017 Resale TREASURE AT TAMPINES Condominium 99 years Oct 3 678 946,000 - 1,395 Uncompleted New Sale THOMSON VIEW CONDOMINIUM Condominium 99 years Sep 29 2,024 2,088,000 - 1,032 1987 Resale TREASURE AT TAMPINES Condominium 99 years Oct 3 678 990,000 - 1,460 Uncompleted New Sale District 21 TREASURE AT TAMPINES Condominium 99 years Oct 3 678 984,000 - 1,451 Uncompleted New Sale DAINTREE RESIDENCE Condominium 99 years Oct 1 1,206 1,999,888 - 1,659 Uncompleted New Sale TREASURE AT TAMPINES Condominium 99 years Oct 3 678 946,000 - 1,395 Uncompleted New Sale DAINTREE RESIDENCE Condominium 99 years Oct 2 678 1,185,050 - 1,748 Uncompleted New Sale TREASURE AT TAMPINES Condominium 99 years Oct 4 915 1,271,000 - 1,389 Uncompleted New Sale DAINTREE RESIDENCE Condominium 99 years Oct 3 721 1,224,680 - 1,698 Uncompleted New Sale TREASURE AT TAMPINES Condominium 99 years Oct 4 1,324 1,772,000 - 1,338 Uncompleted New Sale DAINTREE RESIDENCE Condominium 99 years Oct 3 560 1,003,520 - 1,793 Uncompleted New Sale TREASURE AT TAMPINES Condominium 99 years Oct 4 678 957,000 - 1,411 Uncompleted New Sale DAINTREE RESIDENCE Condominium 99 years Sep 29 1,206 1,985,840 - 1,647 Uncompleted New Sale TREASURE AT TAMPINES Condominium 99 years Oct 4 678 971,000 - 1,432 Uncompleted New Sale FORETT AT BUKIT TIMAH Apartment Freehold Oct 1 721 1,508,000 - 2,091 Uncompleted New Sale TREASURE AT TAMPINES Condominium 99 years Oct 4 678 980,000 - 1,445 Uncompleted New Sale FORETT AT BUKIT TIMAH Apartment Freehold Oct 1 474 931,000 - 1,966 Uncompleted New Sale TREASURE AT TAMPINES Condominium 99 years Oct 4 1,033 1,473,000 - 1,425 Uncompleted New Sale FORETT AT BUKIT TIMAH Apartment Freehold Oct 1 570 1,109,000 - 1,944 Uncompleted New Sale TREASURE AT TAMPINES Condominium 99 years Oct 4 678 926,000 - 1,366 Uncompleted New Sale FORETT AT BUKIT TIMAH Apartment Freehold Oct 1 980 1,842,000 - 1,881 Uncompleted New Sale TREASURE AT TAMPINES Condominium 99 years Oct 4 915 1,178,000 - 1,288 Uncompleted New Sale FORETT AT BUKIT TIMAH Apartment Freehold Oct 2 603 1,180,000 - 1,958 Uncompleted New Sale TREASURE AT TAMPINES Condominium 99 years Oct 4 915 1,237,000 - 1,352 Uncompleted New Sale FORETT AT BUKIT TIMAH Apartment Freehold Oct 3 980 1,912,000 - 1,952 Uncompleted New Sale TREASURE AT TAMPINES Condominium 99 years Oct 4 1,033 1,316,000 - 1,274 Uncompleted New Sale FORETT AT BUKIT TIMAH Apartment Freehold Oct 3 603 1,190,000 - 1,974 Uncompleted New Sale TREASURE AT TAMPINES Condominium 99 years Oct 4 678 967,000 - 1,426 Uncompleted New Sale FORETT AT BUKIT TIMAH Apartment Freehold Oct 3 980 1,849,000 - 1,888 Uncompleted New Sale TREASURE AT TAMPINES Condominium 99 years Sep 29 1,335 1,817,000 - 1,361 Uncompleted New Sale FORETT AT BUKIT TIMAH Apartment Freehold Oct 4 947 1,786,000 - 1,885 Uncompleted New Sale TREASURE AT TAMPINES Condominium 99 years Sep 29 1,087 1,499,000 - 1,379 Uncompleted New Sale FORETT AT BUKIT TIMAH Apartment Freehold Oct 4 1,119 1,908,000 - 1,704 Uncompleted New Sale TREASURE AT TAMPINES Condominium 99 years Sep 29 915 1,275,000 - 1,394 Uncompleted New Sale FORETT AT BUKIT TIMAH Apartment Freehold Oct 4 980 1,818,000 - 1,856 Uncompleted New Sale TREASURE AT TAMPINES Condominium 99 years Sep 30 1,012 1,436,000 - 1,419 Uncompleted New Sale FORETT AT BUKIT TIMAH Apartment Freehold Sep 29 1,884 3,768,000 - 2,000 Uncompleted New Sale TREASURE AT TAMPINES Condominium 99 years Sep 30 1,335 1,869,000 - 1,400 Uncompleted New Sale FORETT AT BUKIT TIMAH Apartment Freehold Sep 29 980 1,808,000 - 1,846 Uncompleted New Sale TREASURE AT TAMPINES Condominium 99 years Sep 30 1,012 1,390,000 - 1,374 Uncompleted New Sale FORETT AT BUKIT TIMAH Apartment Freehold Sep 30 1,442 2,973,000 - 2,061 Uncompleted New Sale WATERCOLOURS EC 99 years Oct 1 2,282 1,600,000 - 701 2014 Resale FORETT AT BUKIT TIMAH Apartment Freehold Sep 30 732 1,441,000 - 1,969 Uncompleted New Sale WATERCOLOURS EC 99 years Oct 1 1,238 998,000 - 806 2014 Resale GRAND CHATEAU Condominium Freehold Sep 29 1,076 1,230,000 - 1,143 1996 Resale WATERVIEW Condominium 99 years Oct 5 1,184 1,300,000 - 1,098 2014 Resale HOCK SENG PARK Semi-Detached 999 years Oct 6 3,400 6,800,000 - 2,000 1967 Resale District 19 MAYFAIR MODERN Condominium 99 years Oct 3 506 1,033,000 - 2,042 Uncompleted New Sale A TREASURE TROVE Condominium 99 years Oct 1 1,528 1,240,000 - 811 2015 Resale MAYFAIR MODERN Condominium 99 years Oct 4 506 1,025,000 - 2,026 Uncompleted New Sale A TREASURE TROVE Condominium 99 years Oct 5 775 880,000 - 1,135 2015 Resale SIGNATURE PARK Condominium Freehold Sep 29 1,399 1,970,000 - 1,408 1998 Resale AFFINITY AT SERANGOON Apartment 99 years Oct 1 1,076 1,628,000 - 1,512 Uncompleted New Sale THE CREEK @ BUKIT Condominium Freehold Oct 2 926 1,600,000 - 1,728 2017 Resale AFFINITY AT SERANGOON Apartment 99 years Oct 4 850 1,339,000 - 1,575 Uncompleted New Sale THE HILLFORD Apartment 60 years Oct 2 398 470,000 - 1,180 2016 Resale AFFINITY AT SERANGOON Apartment 99 years Sep 29 732 1,178,000 - 1,609 Uncompleted New Sale THE NEXUS Condominium Freehold Oct 5 947 1,550,000 - 1,636 2006 Resale AUSTVILLE RESIDENCES EC 99 years Oct 5 1,023 908,000 - 888 2014 Resale THE RAINTREE Condominium 99 years Sep 29 1,582 1,650,000 - 1,043 2008 Resale BOON GARDENS Terrace Freehold Oct 5 1,942 3,258,000 - 1,678 1988 Resale VIEW AT KISMIS Apartment 99 years Oct 3 893 1,518,000 - 1,699 Uncompleted New Sale CHILTERN PARK Condominium 99 years Sep 30 915 1,038,000 - 1,135 1995 Resale VIEW AT KISMIS Apartment 99 years Oct 4 1,270 2,063,000 - 1,624 Uncompleted New Sale CHISELHURST GREEN Terrace 99 years Oct 2 2,257 2,100,000 - 930 2002 Resale VIEW AT KISMIS Apartment 99 years Oct 4 700 1,192,000 - 1,704 Uncompleted New Sale ECOPOLITAN EC 99 years Oct 5 893 846,588 - 948 2016 Resale VIEW AT KISMIS Apartment 99 years Oct 4 700 1,171,000 - 1,674 Uncompleted New Sale JEWEL @ BUANGKOK Condominium 99 years Oct 2 1,141 1,420,000 - 1,245 2016 Resale District 22 KOVAN APARTMENTS Apartment Freehold Oct 6 1,389 1,360,000 - 979 1994 Resale CASPIAN Condominium 99 years Sep 30 1,238 1,443,200 - 1,166 2012 Resale KOVAN RESIDENCES Condominium 99 years Oct 2 1,442 1,670,000 - 1,158 2011 Resale LAKESIDE GROVE Terrace 99 years Oct 2 2,190 1,780,000 - 813 1998 Resale MINT RESIDENCES @ JANSEN Apartment 999 years Oct 5 1,518 1,550,000 - 1,021 2009 Resale PARC OASIS Condominium 99 years Oct 2 1,507 1,200,000 - 796 1994 Resale CHUAN GARDEN Semi-Detached Freehold Oct 2 4,345 4,000,000 - 921 - Resale PARK VIEW MANSION Apartment 99 years Sep 30 1,119 888,888 - 794 - Resale JALAN KESOMA Terrace Freehold Oct 5 2,580 5,060,000 - 1,961 1976 Resale THE LAKESHORE Condominium 99 years Oct 5 1,109 1,060,000 - 956 2008 Resale LORONG HOW SUN Semi-Detached Freehold Oct 5 3,821 3,700,000 - 968 1977 Resale District 23 AH SOO GARDEN Terrace Freehold Oct 6 2,753 3,018,888 - 1,096 1992 Resale BLOSSOM RESIDENCES EC 99 years Oct 6 1,421 1,130,000 - 795 2014 Resale LORONG 1 REALTY PARK Semi-Detached 999 years Sep 29 3,961 3,600,000 - 909 - Resale CASHEW HEIGHTS CONDOMINIUM Condominium 999 years Oct 1 1,227 1,400,000 - 1,141 1990 Resale OASIS GARDEN Condominium Freehold Oct 2 1,216 1,500,000 - 1,233 2009 Resale HILLINGTON GREEN Condominium 999 years Oct 5 990 1,255,000 - 1,267 2002 Resale OLA EC 99 years Oct 2 926 997,000 - 1,077 Uncompleted New Sale HILLSTA Condominium 99 years Oct 5 538 618,000 - 1,148 2016 Resale OLA EC 99 years Oct 2 926 1,056,000 - 1,141 Uncompleted New Sale HILLVIEW GARDEN ESTATE Semi-Detached Freehold Oct 1 5,772 5,000,000 - 866 - Resale OLA EC 99 years Oct 4 1,055 1,215,000 - 1,152 Uncompleted New Sale HILLVIEW REGENCY Condominium 99 years Oct 5 904 760,000 - 841 2005 Resale OLA EC 99 years Oct 4 926 1,047,000 - 1,131 Uncompleted New Sale KINGSFORD . HILLVIEW PEAK Condominium 99 years Sep 29 775 988,000 - 1,275 2017 Resale OLA EC 99 years Sep 29 1,001 1,245,000 - 1,244 Uncompleted New Sale LE QUEST Apartment 99 years Oct 2 936 1,310,000 - 1,399 2020 Resale PIERMONT GRAND EC 99 years Oct 1 840 985,770 - 1,174 Uncompleted New Sale MAYSPRINGS Apartment 99 years Oct 5 818 729,888 - 892 1998 Resale PIERMONT GRAND EC 99 years Oct 4 840 996,200 - 1,187 Uncompleted New Sale MAYSPRINGS Apartment 99 years Oct 5 1,550 1,340,000 - 865 1998 Resale PIERMONT GRAND EC 99 years Sep 29 1,507 1,675,890 - 1,112 Uncompleted New Sale MERAWOODS Condominium 999 years Oct 2 1,507 1,560,000 - 1,035 1999 Resale PIERMONT GRAND EC 99 years Sep 29 872 1,007,900 - 1,156 Uncompleted New Sale MI CASA Condominium 99 years Oct 6 1,259 1,180,000 - 937 2012 Resale PRIVE EC 99 years Oct 2 1,087 1,100,000 - 1,012 2013 Resale MONT BOTANIK RESIDENCE Condominium Freehold Oct 1 775 1,290,000 - 1,664 Uncompleted New Sale RIO VISTA Condominium 99 years Oct 5 2,379 1,565,000 - 658 2004 Resale THE AMSTON Apartment 999 years Oct 2 1,819 1,850,000 - 1,017 1998 Resale RIVERFRONT RESIDENCES Apartment 99 years Oct 3 1,410 1,818,000 - 1,289 Uncompleted New Sale THE DAIRY FARM Condominium Freehold Sep 30 2,207 2,320,000 - 1,051 1989 Resale RIVERPARC RESIDENCE EC 99 years Sep 29 1,076 1,018,000 - 946 2014 Resale THE LINEAR Apartment 999 years Oct 5 807 835,000 - 1,034 2006 Resale RIVERSAILS Condominium 99 years Oct 1 1,033 1,035,000 - 1,002 2016 Resale THE RAINFOREST EC 99 years Sep 29 1,550 1,290,000 - 832 2015 Resale SENGKANG GRAND RESIDENCES Apartment 99 years Oct 3 474 856,000 - 1,807 Uncompleted New Sale THE SKYWOODS Condominium 99 years Oct 2 710 950,000 - 1,337 2016 Resale SENGKANG GRAND RESIDENCES Apartment 99 years Oct 3 624 1,122,400 - 1,798 Uncompleted New Sale District 25 SENGKANG GRAND RESIDENCES Apartment 99 years Oct 3 764 1,301,600 - 1,703 Uncompleted New Sale LA CASA EC 99 years Oct 2 1,184 850,000 - 718 2008 Resale SENGKANG GRAND RESIDENCES Apartment 99 years Oct 3 764 1,320,800 - 1,728 Uncompleted New Sale LA CASA EC 99 years Sep 29 1,281 998,000 - 779 2008 Resale SENGKANG GRAND RESIDENCES Apartment 99 years Oct 4 474 856,000 - 1,807 Uncompleted New Sale NORTHOAKS EC 99 years Oct 1 1,249 780,000 - 625 2000 Resale SENGKANG GRAND RESIDENCES Apartment 99 years Oct 4 764 1,317,600 - 1,724 Uncompleted New Sale ROSEWOOD SUITES Condominium 99 years Oct 2 710 668,000 - 940 2011 Resale SENGKANG GRAND RESIDENCES Apartment 99 years Oct 4 732 1,360,000 - 1,858 Uncompleted New Sale ROSEWOOD SUITES Condominium 99 years Oct 2 667 620,000 - 929 2011 Resale SENGKANG GRAND RESIDENCES Apartment 99 years Oct 4 474 873,600 - 1,845 Uncompleted New Sale WOODGROVE ESTATE Detached 99 years Oct 2 6,724 3,926,800 - 584 1997 Resale SERANGOON GARDEN ESTATE Semi-Detached 999 years Oct 2 2,257 3,580,000 - 1,586 2014 Resale District 26 SERANGOON GARDEN ESTATE Semi-Detached 999 years Oct 5 2,658 3,280,000 - 1,234 2001 Resale SEASONS PARK Condominium 99 years Oct 2 1,109 968,000 - 873 1997 Resale SERANGOON GARDEN ESTATE Terrace 999 years Oct 5 2,152 3,150,000 - 1,464 - Resale THE ESSENCE Apartment 99 years Sep 30 1,227 1,617,700 - 1,318 Uncompleted New Sale SERANGOON GARDEN ESTATE Semi-Detached 999 years Oct 6 2,160 3,188,000 - 1,476 - Resale District 27 THE FLORENCE RESIDENCES Apartment 99 years Oct 1 484 799,000 - 1,650 Uncompleted New Sale 1 CANBERRA EC 99 years Oct 1 958 880,000 - 919 2015 Resale THE FLORENCE RESIDENCES Apartment 99 years Oct 3 635 982,000 - 1,546 Uncompleted New Sale 1 CANBERRA EC 99 years Oct 2 1,281 1,222,600 - 954 2015 Resale THE FLORENCE RESIDENCES Apartment 99 years Oct 3 624 977,000 - 1,565 Uncompleted New Sale 1 CANBERRA EC 99 years Oct 2 2,422 1,620,000 - 669 2015 Resale THE FLORENCE RESIDENCES Apartment 99 years Oct 4 484 807,000 - 1,666 Uncompleted New Sale 1 CANBERRA EC 99 years Oct 2 1,442 1,288,888 - 894 2015 Resale THE FLORENCE RESIDENCES Apartment 99 years Oct 4 667 1,123,000 - 1,683 Uncompleted New Sale 1 CANBERRA EC 99 years Oct 5 1,055 938,000 - 889 2015 Resale THE FLORENCE RESIDENCES Apartment 99 years Oct 4 936 1,383,000 - 1,477 Uncompleted New Sale 1 CANBERRA EC 99 years Sep 30 1,259 1,080,000 - 858 2015 Resale THE FLORENCE RESIDENCES Apartment 99 years Oct 4 635 1,013,000 - 1,595 Uncompleted New Sale 1 CANBERRA EC 99 years Sep 30 1,055 970,000 - 920 2015 Resale THE FLORENCE RESIDENCES Apartment 99 years Oct 4 484 799,000 - 1,650 Uncompleted New Sale 1 CANBERRA EC 99 years Sep 30 958 891,000 - 930 2015 Resale THE FLORENCE RESIDENCES Apartment 99 years Oct 4 484 809,000 - 1,670 Uncompleted New Sale 1 CANBERRA EC 99 years Sep 30 1,066 930,000 - 873 2015 Resale THE FLORENCE RESIDENCES Apartment 99 years Sep 29 484 800,000 - 1,652 Uncompleted New Sale KANDIS RESIDENCE Condominium 99 years Oct 3 808 965,000 - 1,194 Uncompleted New Sale THE GARDEN RESIDENCES Apartment 99 years Oct 1 452 763,100 - 1,688 Uncompleted New Sale LILYDALE EC 99 years Oct 1 1,195 768,000 - 643 2003 Resale THE GARDEN RESIDENCES Apartment 99 years Oct 1 1,119 1,718,100 - 1,535 Uncompleted New Sale PARC CANBERRA EC 99 years Oct 2 947 1,027,000 - 1,084 Uncompleted New Sale THE GARDEN RESIDENCES Apartment 99 years Oct 2 797 1,312,700 - 1,648 Uncompleted New Sale PARC CANBERRA EC 99 years Oct 2 1,001 1,132,000 - 1,131 Uncompleted New Sale THE GARDEN RESIDENCES Apartment 99 years Oct 3 614 1,042,800 - 1,700 Uncompleted New Sale PARC CANBERRA EC 99 years Oct 4 1,001 1,153,000 - 1,152 Uncompleted New Sale THE GARDEN RESIDENCES Apartment 99 years Oct 3 689 1,162,900 - 1,688 Uncompleted New Sale PARC CANBERRA EC 99 years Sep 30 1,152 1,313,000 - 1,140 Uncompleted New Sale THE GARDEN RESIDENCES Apartment 99 years Oct 3 797 1,258,800 - 1,580 Uncompleted New Sale SELETARIS Condominium Freehold Sep 30 1,206 1,028,000 - 853 2001 Resale THE GARDEN RESIDENCES Apartment 99 years Oct 4 1,119 1,750,400 - 1,564 Uncompleted New Sale SKIES MILTONIA Condominium 99 years Oct 5 484 545,000 - 1,125 2016 Resale THE GARDEN RESIDENCES Apartment 99 years Oct 4 797 1,268,100 - 1,592 Uncompleted New Sale THE SENSORIA Condominium Freehold Sep 30 1,076 920,000 - 855 2007 Resale THE GARDEN RESIDENCES Apartment 99 years Oct 4 614 1,041,800 - 1,698 Uncompleted New Sale THE SHAUGHNESSY Terrace 99 years Oct 6 3,552 1,680,000 - 473 2006 Resale THE GARDEN RESIDENCES Apartment 99 years Oct 4 689 1,128,400 - 1,638 Uncompleted New Sale District 28 THE GARDEN RESIDENCES Apartment 99 years Sep 29 517 839,200 - 1,624 Uncompleted New Sale ESTE VILLA Terrace Freehold Sep 30 3,767 2,700,000 - 717 2013 Resale THE GARDEN RESIDENCES Apartment 99 years Sep 29 1,539 2,358,000 - 1,532 Uncompleted New Sale GRANDE VISTA Condominium 999 years Oct 1 1,367 1,330,000 - 973 1992 Resale THE GARDEN RESIDENCES Apartment 99 years Sep 29 689 1,149,100 - 1,668 Uncompleted New Sale LUXUS HILLS Terrace 999 years Sep 29 1,615 3,188,000 - 1,974 2018 Resale THE GARDEN RESIDENCES Apartment 99 years Sep 30 1,539 2,293,000 - 1,490 Uncompleted New Sale SELETAR HILLS ESTATE Semi-Detached 999 years Oct 1 4,812 4,200,000 - 873 - Resale THE GARDEN RESIDENCES Apartment 99 years Sep 30 614 1,032,500 - 1,683 Uncompleted New Sale SELETAR HILLS ESTATE Semi-Detached 999 years Sep 30 5,903 6,580,000 - 1,115 - Resale THE LUXURIE Condominium 99 years Sep 30 936 1,000,000 - 1,068 2015 Resale SELETAR SPRINGS CONDOMINIUM Condominium 99 years Oct 2 2,077 1,600,000 - 770 2000 Resale THE PROMENADE@PELIKAT Apartment Freehold Oct 1 484 578,000 - 1,193 2015 Resale STRATTON GREEN Terrace Freehold Oct 2 1,904 2,630,000 - 1,381 2003 Resale THE PROMENADE@PELIKAT Apartment Freehold Sep 29 484 615,000 - 1,270 2015 Resale THE VUE Apartment Freehold Sep 29 431 615,000 - 1,428 2013 Resale THE WATERLINE Condominium Freehold Oct 2 1,238 1,488,000 - 1,202 2013 Resale Source: URA Realis. Updated Oct 13, 2020. TWIN WATERFALLS EC 99 years Oct 1 915 915,000 - 1,000 2015 Resale EC stands for executive condominium District 20 DISCLAIMER: BISHAN LOFT EC 99 years Oct 2 1,141 1,385,000 - 1,214 2003 Resale The Edge Property Pte Ltd shall not be responsible for any loss or liability arising directly BRADDELL VIEW Apartment 102 years Oct 1 1,615 1,420,000 - 879 1978 Resale or indirectly from the use of, or reliance on, the information provided therein. EP18 • EDGEPROP | OCTOBER 19, 2020 UNDER THE HAMMER Combined duplex penthouse at The Quinn on the market for $3.5 mil

SAMUEL ISAAC CHUA/THE EDGE SINGAPORE BY TIMOTHY TAY tions at The Quinn are from penthouse unit [email protected] sales. The most expensive was for a 1,744 sq ft, four-bedroom unit, which changed combined penthouse apartment hands for $2.33 million ($1,320 psf) in Sep- at The Quinn, located along Bart- tember 2013. Another similar-sized pent- ley Road in District 19, is on the house unit sold for $2.3 million ($1,320 market for $3.5 million. Accord- psf) in May 2014. ing to the property listing, two The most recent penthouse unit sale at Aduplex penthouse units have been amalga- The Quinn was four years ago, when a 1,593 mated into the 3,240 sq ft penthouse. This sq ft, three-bedroom unit sold for $2.22 means the asking price translates to $1,080 million ($1,394 psf) in June 2016. Over the psf on the floor area. past two years, there have been three resale The amalgamated penthouse unit is list- transactions at the development. On July ed for sale by private treaty by JLL. Ac- 1 this year, a 786 sq ft, two-bedroom unit cording to the listing, the unit now com- sold for $1.16 million ($1,476 psf). prises six bedrooms, two study rooms and The development is in proximity to three three bathrooms. The unit also features a MRT stations, namely Bartley Station on balcony on the first floor and an attached the Circle Line, Woodleigh Station on the balcony beside the master bedroom on the North-East Line, and Serangoon MRT Sta- The Quinn, a freehold development located along Bartley Road, was completed in 2016 second floor. tion on the North-East and Circle Lines. The listing states that since two units It also boasts good connectivity, given its have been combined, an additional buyer’s proximity to Bartley Road and Upper Seran- URA REALIS stamp duty will likely be applicable to the goon Road. Recent transactions at The Quinn sale of the second unit. The Quinn is located close to several The Quinn was completed in 2016 and schools in the area, including Maris Stel- Contract date Size (sq ft) Price ($) Price ($ psf) comprises 139 units. There are four resi- la High School and St Gabriel’s Secondary July 1, 2020 786 1,160,000 1,476 dential blocks that are each five storeys tall. School. It is also next to the upcoming Bi- June 27, 2019 646 970,000 1,502 Typical units and penthouse units comprise dadari HDB estate, and near shopping malls Jan 2, 2019 1,141 1,600,000 1,402 one to four bedrooms, and each unit meas- such as NEX mall in Serangoon Central and ures 484 sq ft to 1,744 sq ft. the upcoming Woodleigh Mall, which is ex- July 25, 2018 560 818,000 1,461 Based on URA caveats, the top transac- pected to be completed in 2022. E March 24, 2017 893 1,410,000 1,578 SUBSCRIBE NOW

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S bit.ly/readtheedge T EDGEPROP | OCTOBER 19. 2020 • EP19 PROPHUNT CLASSIFIEDS Properties for Sale  Scan QR code for more details

$14,500,000 $12,800,000 $12,500,000 $7,500,000 Detached House Detached House Detached House Detached House D10 VICTORIA PARK ROAD | Freehold D10 SIXTH AVENUE | Freehold D21 JALAN KAMPONG CHANTEK | Freehold D15 FRANKEL ESTATE | Freehold Built-Up(sqft): 4,500 | Land(sqft): 8,710 Built-Up(sqft): 9,600 | Land(sqft): 4,487 Built-Up(sqft): 7,000 | Land(sqft): 9,952 Built-Up(sqft): 4,600 | Land(sqft): 5,000 PSF: $1,665 PSF:$2,853 PSF:$1,256 PSF: $1,500 Within 1Km to NYPS & short walk ard 550m to Farrer Beautifully designed 2 storey + full Attic + basement Freehold Bungalow. 2 storey with attic. Spacious This beautiful house is located in a two-storey MRT. Charming BUNGALOW. Nice & regular land as a bonus! 6 large ensuites, parks up to 6 cars, 17.8m car porch for 4 to 5 cars. Swimming pool and BBQ bungalow zone in Frankel Estate. It has a modern and shape. Zoned 2 sty SemiD in MP2019. Great potential, lap & jacuzzi pool. Specially designed Duplex Master. patio. Uniquely with 2 entrances. Serene and peaceful contemporary design. The Living room overlooks a may subdivide to 2 plots, subject to URA approval. CSC obtained, ready for occupation. environment. In the vicinity of Good Class bungalow. lush landscape garden. The house comprising 5 fully- Wide frontage ard 21m. Elevated Land. Bright and Serious and Motivated Seller. For more details or to furnished en-suite bedrooms with 2 Study room and a breezy house. Big garden area for green-lovers. arrange viewing, Contact Ivy @ 9005 2539. helper’s room. Priced to sell

Daniel Ling Heather Ong Ivy Chew LN Jelyn Aw SRI PTE LTD SRI PTE LTD SRI PTE LTD SRI PTE LTD R023232J R059539C R004142H R027192Z  65 9009 6605  65 8200 1230  65 9005 2539  65 9002 2330

$6,200,000 $6,000,000 $6,000,000 $5,500,000 Semi-Detached House Semi-Detached House Semi-Detached House Semi-Detached House D15 JALAN SEAVIEW | Freehold D13 JALAN LATEH | Freehold D20 BISHAN / MING PARK HOUSE | Freehold D28 NERAM ROAD | Freehold Built-Up(sqft): 3,000 | Land(sqft): 3,400 Built-Up(sqft): 6,200 | Land(sqft): 4,195 Built-Up(sqft): 5,321 | Land(sqft): 3,529 Built-Up(sqft): 6,000 | Land(sqft): 4,005 PSF: $1,618 PSF: $1,478 PSF: $1,700 PSF: $1,498 Braddell Heights Estate. Rare elevated. Top of hill. Rarely available house in Bishan’s landed enclave Corner Semi-D, designer house. 6 rooms + Family Rarely Avail! Jalan Seaview. 2 Storey Freehold Semi Rebuilt 2.5 storey. 6 rooms 6 baths Renovated. with Junction 8 and MRT just minutes away by foot. room + proper helper’s room. N-S facing. Huge Car Detached. 4+1. 5 mins walk Future Tanjong Katong This elegant semi-detached home offers unparalleled porch and Air-well for lift provision. Serious seller. MRT Call Exclusive Agt Stefanie now .Asking $5.5m craftsmanship and exceptional amenities! Features negotiable. include gorgeous master suite with walk-in wardrobe, gourmet kitchen with island and granny room.

Claire Tey Lim Hwee Sze Darren Timothy Stefanie Wong SRI PTE LTD SRI PTE LTD SRI PTE LTD SRI PTE LTD R049475I R059835Z R031485H R026642Z  65 9189 7050  65 8121 0003  65 9879 1191  65 9640 3389

$5,200,000 $3,950,000 $4,800,000 $2,590,000 Semi-Detached House Semi-Detached House Conservation Terrace House Corner Terrace House D14 LENGKONG DUA | Freehold D23 PHOENIX GARDEN | Freehold D15 KOON SENG ROAD | Freehold D18 PASIR RIS BEACH PARK | 99 years Built-Up(sqft): 5,500 | Land(sqft): 4,359 Built-Up(sqft): 4,000 | Land(sqft): 3,757 Built-Up(sqft): 4,650 | Land(sqft): 2,207 Built-Up(sqft): 3,513 | Land(sqft): 3,508 PSF: $1,193 PSF: $1,051 PSF: $2,175 PSF: $738 3-sty Freehold Semi D available in the Kembangan Located on a piece of regular shape and elevated Rarely available Corner Conservation Terrace House Spacious Corner Terrace in Pasir Ris Beach Park Landed Estate. 6 + U. Extensive reno with large land, the 5 bedrooms in this charming Semi-D enjoys in the heart of Katong and Joo Chiat, known for its landed estate. Rebuilt with all en-suite bedrooms, bedrooms/common areas. Park 2 cars in the drive plenty of privacy and greenery view. It is located just vibrant food culture and night life. Beautiful 2.5 storey new pipes and wiring. Large interior and exterior space. 3 - 5 min walk to Pasir Ris Beach. 5 min drive way. 5 mins walk to several preschool institutions. 5 a few minute’s walk away from Phoenix LRT and unit with a pool at the top, 4 spacious bedrooms and 2 to White Sands SC & MRT. 20 - 30 min drive to Minutes drive to Parkway Parade, Paya Lebar Central Junction 10. living area for that family gathering. Call now for your Orchard & CBD. 99 Years Leasehold since 1978. and Bedok Mall. 10 mins walk to Kembangan MRT. exclusive appointment!

Jude Edward Nick Tan Andrew Nguan Jude Edward SRI PTE LTD SRI PTE LTD SRI PTE LTD SRI PTE LTD R048118E R040814C R002761A R048118E  65 9006 5057  65 9644 4854  65 8282 3127  65 9006 5057 EP20 • EDGEPROP | OCTOBER 19, 2020 PROPHUNT CLASSIFIEDS Properties for Sale  Scan QR code for more details

$12,970,930 $12,380,000 $12,300,000 $11,280,000 Detached House Detached House Detached House Detached House D11 DYSON ROAD | Freehold D11 VANDA ESTATE | Freehold D11 DUNEARN | Freehold D15 KATONG | Freehold Built-Up(sqft): 9,079 | Land(sqft): 5,404 Built-Up(sqft): 8,600 | Land(sqft): 4,743 Built-Up(sqft):12,273 | Land(sqft): 4,771 Built-Up(sqft): 6,680 | Land(sqft): 5,059 PSF: $2,400 PSF: $2,610 PSF:$2,578 PSF: $2,230 Brand new 3.5 storey “smart home” Bungalow in Brand new 2.5 storey detached house with pool, Brand New North Facing Detached House in Brand New 2.5 storey detached house just minutes exclusive neighbourhood with unbeatable views. 6 lift, 6+1rooms at prime Vanda vicinity. Just minutes the prestigious Trevose Park enclave. 2.5 Storeys walk away from upcoming Tanjong Katong MRT spacious ensuite bedrooms. 22m pool with jacuzzi. walk from Sixth Avenue MRT Station, this modern 4+1 + Basement with 1 large family room, 1 large station. Spacious interior with 5+1 luxury rooms Park up to 6 cars. Extended balconies and roof terraces luxurious house built with superior materials, entertainment room + Pool. 14 mins’ walk to Stevens make this an ideal choice for multi-generation to enjoy lush greenery. Convenient location and workmanship and functionality will appeal to the MRT, <1km SCGS, <2km ACS, makes this an even families. Comes with exclusive private swimming proximity to good schools those who enjoy the finest things in life more attractive option for families. pool and lift to all levels. Ample parking space for 3-4 cars.

Kellynne Lim Sindric Goh Chua Li Li Justin Ng HUTTONS ASIA PTE LTD HUTTONS ASIA PTE LTD HUTTONS ASIA PTE LTD HUTTONS ASIA PTE LTD R055839J R003549E R017207G R052939J   65 9435 6565 65 9387 6564  65 9794 8050  65 9177 4890

$6,500,000 $7,200,000 $4,700,000 $3,550,000 Detached House Semi-Detached House Semi-Detached House Corner Terrace House D19 KOVAN ESTATE | Freehold D20 THOMSON ESTATE | Freehold D15 OPERA ESTATE | Freehold D21 TOH YI | Freehold Built-Up(sqft): 3,430 | Land(sqft): 2,450 Built-Up(sqft): 5,500 | Land(sqft): 4,066 Built-Up(sqft): 8,553 | Land(sqft): 3,960 Built-Up(sqft): 2,500 | Land(sqft): 3,809 PSF: $1,449 PSF: $1,599 PSF: $1,818 PSF: $1,234 Rebuilt 2.5 storey detached house just minutes Brand new 3 storey Semi-D with mezzanine, attic Classic Semi D for A&A or rebuild. Tranquil 2 storey corner terrace house within minutes walk walk away from Thomson Plaza and upcoming and lift .6 ensuite bedrooms at Opera Estate . A environment surrounded by parks. Regular land away from Kovan and Serangoon MRT station. Upp Thomson MRT station. Super wide frontage, detached house feel with pool and lush of greenery to plot of 3809sf. 13.5m wide frontage. <1km to Bukit High ceiling, beautiful garden, serene environment, elevated position that provides unblocked views, and give u a total privacy and tranquil setting. Brilliantly Timah Pri. Near popular cafes like Baker & Cook. 4+1 rooms including Granny & helper room on 1st a spacious interior with 6+1 rooms make this an ideal designed to capture natural light and air to the entire Mins drive to Beauty World MRT, Bukit Timah storey make this an ideal choice for multi-generation choice for multi-generation families. house. Food Centre, and shopping malls. families.

Willi Ching Rachel Chan Sally Ng Sara Kwon HUTTONS ASIA PTE LTD HUTTONS ASIA PTE LTD HUTTONS ASIA PTE LTD HUTTONS ASIA PTE LTD R061905E R049857F R014380H R061478I  65 9830 0987  65 9857 3590   65 9431 5145 65 9176 4058

$3,350,000 $5,800,000 $3,500,000 $3,100,000 Corner Terrace House Terrace House Terrace House Terrace House D16 SUNBIRD ESTATE | Freehold D11 GREENWOOD VILLAS | Freehold D19 KOVAN | Freehold D23 PAVILION PARK | Freehold Built-Up(sqft): 2,500 | Land(sqft): 3,244 Built-Up(sqft): 4,100 | Land(sqft): 2,335 Built-Up(sqft): 4,500 | Land(sqft): 4,066 Built-Up(sqft): 3,122 | Land(sqft): 1,735 PSF: $1,033 PSF: $2,484 PSF: $861 PSF: $1,787 Charming 2-Sty Corner Terrace @ Sunbird Estate. This stylish D11 freehold inter-terrace is an ideal 3 Storey plus attic Inter Terrace near Kovan MRT Modern 3.5 storey terrace with 4 ensuite bedrooms This freehold 3+1 bedroom landed house with a large dream home for a multi-generation family. Nestled with 7 spacious bedrooms all ensuit, newly renovated and 1 granny’s room. Unique location provides garden is only 1 min walk to Sunbird Circle Park. in a tranquil cul-de-sac on an elevated hillside, it is move in ready, can park up to 2-3 cars, facing North elevated hillside living and unmatched privacy. High ceiling, wet and dry kitchen, spacious living hall and Located in a tranquil enclave and 8 mins walk to within 1km to top school RGPS. 6 gorgeous bedrooms East, just 5 mins walk to Heartland mall, Kovan food 2 parking lots. make this an ideal family home Simei MRT Station & East Point Mall make it an ideal with attached bathrooms provide luxurious space for centre, market, shops eateries, etc... home to stay and relax. the entire family.

Michael Goh Toshie Seah Geok Ming Esther Kan Wil Ng HUTTONS ASIA PTE LTD HUTTONS ASIA PTE LTD HUTTONS ASIA PTE LTD HUTTONS ASIA PTE LTD R049589E R058210J R008333C R028273E  65 9751 1939  65 9100 0193  65 9738 5952  65 9027 1020