Read more Area Reclamation Projects To End up being Funded By Past Supplies

Until the launching of Riverfront Residences, there’d been no new launching of a private condominium in the Hougang region for at least three decades. Therefore, when Oxley Holdings started the 99-year leasehold job in mid-2018, attention one of HDB upgraders from the area in addition to astute buyers had been piqued.

Riverfront Residences includes a total of 1,472 units, consisting of nine 17-storey cubes of one- to five-bedroom flats, 21 strata-landed homes and six strata stores. The four- and – five-bedroom premium components arrive with private elevator access.

“Many of those improvements in Hougang Ave 7 tend to be over a decade old. Riverfront Residences, with its contemporary design and curtain wall using a full-height glass façade, will revamp the streetscape of Hougang Ave 7, setting a fresh rental of vibrancy and vitality to the region,” says Oxley.

The job was granted Top Development, Design Excellence and Innovation Excellence at the Residential (Uncompleted), Non-Central class. The site was bought en bloc from Oxley and its own three joint-venture spouses — KSH Holdings, SLB Development (recorded property development arm of Lian Beng Group) along with Apricot Capital (investment arm of their Teo household of Super Group). This comprised that the differential premium and rental top-up premium.

Since the Oxley-led consortium had bought the site before property costs ran up, it can cost units at Riverfront Residences competitively. According to URA Realis information, 1,200 units are launched available as of end-September. One of those, 1,134 units are sold. At the month of September, typical psf cost achieved at the job was 1,341 psf. In accordance with Oxley, the majority of buyers are HDB upgraders in the area. It added that the costs of several units begin at greater than $1,100 psf.
Smart house with a perspective

The consortium was attracted to the Riverfront Residences website by its magnificent river views. The job includes views of Sungei Serangoon, a lake at the north-eastern portion of Singapore. The residential systems and strata-landed homes are tilted such that the majority of the units are north-south confronting to reduce solar heat gain and enhance energy conservation,” says Oxley.

Riverfront Residences boasts over 100 condo centers to accommodate to the needs of occupants. Oxley adds:”Fundamentally, we place ourselves in the shoes of our prospective customers, envision their way of life and also make provisions in the evolution to coincide.”

Occupying a website of 396,235 sq feet, Oxley has split the condominium facilities into three chief coves — Resort, Lifestyle and Botanic — to produce a feeling of exclusivity within the evolution. The Resort and Lifestyle coves are all developed for residents to sponsor parties or enjoy family time. By comparison, the Botanic cove is pictured as a idyllic escape with lush greenery and silent co-working and research spaces to optimise productivity.

Beneficiary of forthcoming developments

Along with Sungei Serangoon, the job is near to many neighborhood parks and precinct parks. Residents in Hougang have access to this North-Eastern Riverine Loop (NERL) park connectors. The NERL will gradually become a part of this 150km-long Round Island Route which goes around Singapore.

Meanwhile, more jobs will be generated in the local Defu Industrial Park as declared in the URA Master Plan. The property will also supply a more appealing work environment with features like a cycling system and an conveniences center.

New projects are also created at the forthcoming Lorong Halus Industrial Park near Riverfront Residences. It’s imagined as a new-generation industrial park aimed at clean and light industries like food, logistics and lifestyle.

Together with the completion of the Circle Line, taxpayers will have easy accessibility to Jurong Lake District, Punggol Digital District (PDD) and the Changi area. Residents in Riverfront Residences can anticipate more tasks provided closer to home with all the forthcoming PDD. The district will home key growth industries like cyber security, electronic technology and other technology which will drive Singapore’s Smart Nation drive.

It is going to also comprise Singapore Institute of Technology’s new campus, fostering cooperation between business and academia. The PDD is scheduled to start in 2023, also is a part of this North Coast Innovation Corridor aimed at technology companies.

Read more Substantial Subsidies Already In Spot For First-Timer Flat Seekers

International hospitality operator and owner Far East Hospitality will include The Clan Hotel, its most recent brand, to its portfolio. The Clan Hotel’s first luxury resort in Singapore is slated to start in 2Q 2020.

“To fulfill the growing momentum of experience-driven traveling, we challenged ourselves to present a fresh perspective on luxury together with The Clan Hotel,” states Arthur Kiong, CEO, Far East Hospitality. He adds that”through carefully curated touchpoints, we would like to join more vacationers to unique experiences which provide both a deeper cultural link and a solid sense of place”.

The 324-key resort comprises four space types, specifically the Superior area, the Deluxe room, the Premier and Grand Premier area, which are a part of the MASTER Series rooms offering highly customised services. The services consist of instant room check-in services in the airport with limo transport, a tasting tea service with green tea and traditional snacks, and turndown services with blossom tea and petroleum concessions.

The rooms vary from 226 sq feet for a Superior area; to 258 sq feet to 290 sq feet for a Deluxe room; roughly 334 sq feet to 244 sq feet for a Premier space; and 388 sq feet for a Grand Premier room.

The guestrooms are situated on levels 6 to 29, whereas the fitness center and pool are situated on level 30.

Read more LBS Available For Flat Masters With Outstanding Mortgage Bank loan Of Over $5,500

Midwood, Hong Leong Holding’s 564-unit residential job at Hillview Rise, is set to start for people preview this Saturday (19 October), together with the showflat situated along Elizabeth Drive.

Constructed on a 153,881 sq ft website, that the 99-year leasehold development includes two 29-storey residential towers which are constructed 120 metres apart in addition to a block of six-storey multi-storey vehicle park.

It provides you one – to four-bedroom units, with dimensions ranging from 484 sq feet for a one-bedder and 1,259 sq feet to get a four-bedder.

Facilities in the evolution comprise a 50m rooftop infinity pool, work room, clubhouse, indoor fitness center, sun deck, tennis court, BBQ pits in addition to a children’s playground.

There’ll also be a childcare center to cater to residents with young kids.

Only a stone’s throw off from Hillview MRT station, Midwood is situated between two character enclaves — Bukit Timah Reserve and Little Guilin.

Midwood is targeted at TOP in September 2022.

Read more Center Collective Opens Family-Friendly Fitness, Wellness Hub

The Singapore Land Authority (SLA), Singapore Tourism Board (STB) and Urban Redevelopment Authority (URA) will launch a Price and Quality tender later this month to appoint an operator to transform the car park at Grange Road (“Grange Road site”) into a dedicated and dynamic event space with complementary commercial offerings. This is part of ongoing efforts to strengthen the current suite of lifestyle and experiential offerings on Orchard Road.

This tender follows STB and URA’s trial for innovative lifestyle concepts through various pop-up events at the car park, with the first event – Flashbang street market – having taken place in December 2017. To date, six events have been held, with one more planned for the year-end festive period (see Annex A [PDF, 12kb] for details). These events have brought differentiated retail, dining, entertainment and lifestyle experiences to the Somerset area, and have enlivened Orchard Road. The appointment of an operator through this tender will see more regular activities in this space, thus injecting greater street-level vibrancy into the precinct.

A new plug-and-play event space
With a site area of 4,482 square metres, the Grange Road site will be converted into a plug-and-play event space, to support a diverse range of lifestyle offerings on Orchard Road. As a centrepiece in the Somerset area, the space will inject buzz and vibrancy to Orchard Road and appeal to a wide audience.

Visitors can look forward to events and activities throughout the year as the event space will play host to both commercial and non-commercial events offering differentiated retail, dining and entertainment experiences. Examples include flea markets, pop-up attractions, local entertainment and food trucks – all of which are expected to complement the existing youthful vibe of the Somerset sub-precinct.

New public space for enjoyment
On non-event days, the event space will be an area for public enjoyment. Visitors can look forward to open spaces with greenery and interesting street furniture. Please refer to Annex B [PDF, 175kb] for the location plan.

Price and Quality tender for greater emphasis on offerings
The tender will be in the form of Price and Quality, with a higher weightage on the latter, as it allows for a more holistic assessment of proposals. The aim is to invite ideas for new, innovative lifestyle concepts, as well as a well-designed multi-functional space that can host a wide range of exciting events, and serve as a delightful public space for social gatherings at Orchard Road.