Property Monster E Magazine

Page 12

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Hot property

Q4 2010’s condominium offerings have been very impressive, with mega-sites and SOHO units, the mix is truly catering to more and more niche crowds. Let’s take a closer look to see the exceptional few that have caught our eye. TOP: D’Leedon certainly made the headlines back then in late 2010 as being the most expensive residential project to be undertaken in Singapore. Back then in 2007, a CapitaLand-led consortium that included Hotel Properties Limited (a fund managed by Morgan Stanley Real Estate), and Wachovia Development Corporation bought the 840,049 sq ft site in a collective sale with a hefty $1.3billion price tag attached. Add in the costs of developing the District 10 project, and the total amount summed up to about $3billion. The 99-year leasehold residential project at Farrer Road also boasts the first female winner of the Pritzker Architecture Prize - Zaha Hadid.

www.propertymonster.com.sg 20 PROPERTY MONSTER March 2011

PropertyMonster.com.sg

PropertyMonster.com.sg

LEFT, TOP: Fancy waking up to an unobstructed view of Bedok Reservoir AND Tampines Quarry every morning? If you lived at Waterview @ Tampines, it could be a dream come true. Developer Sim Lian (Tampines One)’s hottest new project captured our attention as an idyllic resort home stashed serenely away far from the hustle and bustle of city life. Yet amenities are nearby too. Tampines Mall and Tampines One are a stone’e throw away, so residents are nestled in comfort. LEFT, BOTTOM: Far East Organisation’s Soho (small office, home office) apartments at The Tennery received more than 80% sales in a preview. The 338-unit offering is part of an integrated residential-retail development that Far East is building on the existing Ten Mile Junction site it won in a governmental tender in February. The retail section, Junction 10, is housed directly underneath the residential blocks, giving residents unparalleled convenience and maximum functionality.

March 2011 PROPERTY MONSTER 21


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