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Interestingly, Gramercy Park is the name of the only private park (garden) in Manhattan. The 181 year old park is fenced up and is only accessible to residents in the vicinity of the park via one of 383 keys. Some of these keys are common keys that residents can borrow from the door man of the building they live in. Residents can also buy keys for themselves at $350 each (in 2012). In Singapore, its probably not a big deal as properties next to national parks are not uncommon and neither are parks within urban areas and the country has trees everywhere.
In Singapore, Gramercy Park is a high end condominium located at 57 Grange Road in District 10. Perhaps the name hints at the exclusivity of this condominium just like the name-sake in Manhattan. The top benefits of investing in Gramercy Park Condominium include it freehold status, the prestigious location in District 10, the darling of well-heeled investors and its proximity to the best shopping in Orchard Road. 174 luxurious units ranging from 2 bedroom to 4 bedroom units and penthouses are placed into two 24 storey blocks linked by a vertical garden and angled to give residents the best view possible. Gramercy Park Condominium is in the vicinity of the Chatsworth area where there are several foreigh embassies as well as international schools. There is a great potential for rental to quality clients based on the positioning at the high end and what's in its vicinity. Gramercy Park is a great choice for those looking for a place in District 10, both as a home or for rental income. It's a personal, private and exclusive getaway at the end of the day.
The major reasons for investing in this development has to do with its location in district 10, an area popular with rich investors and also its proximity to the embassy district which means rental possibilities. To summarize the benefits of owning Gramercy Park:
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Feature | Comments |
Developer | CDL |
Location | Grange Road |
District | 10 |
Tenure | Freehold |
Land Area | 169,189 sqft |
No of Units |
174 units in 2 24 storey blocks |
Unit Types | 2-4 Bedroom Types and Penthouse |
Facilities |
TBA |
Parking |
Total 248 lots |
T.O.P. | End Mar 2017 |
This high-end condomnium will be built at the site of Lucky Tower at 57 Grange Road, SIngapore 249569. Not to be mistaken the Gramercy Park in Manhattan as mentioned in the Gramercy Park introduction. As shown in the stylized map below, Gramercy Park is close to several prestigious entities such as hotels, clubs, schools and luxury shopping centres. Its close to the existing Orchard MRT on the N-S Line as well as the Orchard Boulevard MRT station currently under construction.
Explore the area around Gramercy condo using our GoogleMaps API:
Figure 1: 50m Grand Pool
Figure 3: View towards Chatsworth Area from the 15th Storey
This development is situated within a stones throw from the Chatsworth area that is known for being home to several foreign embassies.
Type | Details | Approximate Driving Distance (km) |
MRT | Orchard MRT (NS22) | 1 |
Schools | Overseas Family School | 0.6 |
ISS International School | 0.8 | |
Shopping | Valley Point Shopping Centre | 0.62 |
Tanglin Mall | 1.1 | |
Great World City | 1 | |
ION Orchard | 1 | |
Ngee Ann City | 1.2 | |
Forum The Shopping Mall | 1.3 | |
Tanglin Shopping Centre | 1.4 | |
Funan Digitalife Mall | 3 | |
Suntec City | 4 | |
Healthcare | Camden Medical | 0.8 |
Gleneagles Hospital | 1.5 | |
Lifestyle | Singapore Botanic Gardens | 1.8 |
Clark Quay | 2.6 |
There are 30 different facilities available as shown in the site plan below:
Discounting the penthouses, there are a total of 18 different Gramercy Park floorplans to choose from, of which half are for 3-bedroom units. The following table summarizes the available floor plans and offer an overview of what differentiates the various floor plans from others.
Type | Area (sqft) | Rooms | Study | Bathrooms | Kitchen | Balcony | PES | Power Room | Maids Room | Yard Toilet | Planter |
A2 | 1184 | 2 | 1 | Master, Bath 2 | Gourmet | None | None | None | None | None | None |
A5 | 1238 | 2 | 1 | Master, Bath 2 | Gourmet | 1 | None | None | None | None | None |
A19 | 1270 | 2 | 1 | Master, Bath 2 | Gourmet | 1 | None | None | None | None | 1 |
A22 | 1292 | 2 | 1 | Master, Bath 2 | Gourmet | 1 | None | None | None | None | 1 |
B1-3 | 1884 | 3 | none | Master, Bedroom 3, Bath 2 | Gourmet+Asian | 1 | None | 1 | 1 | 1 | 1 |
B1-5 | 1948 | 3 | none | Master, Bedroom 3, Bath 2 | Gourmet+Asian | 2 | None | 1 | 1 | 1 | 1 |
B1-12 | 1981 | 3 | none | Master, Bedroom 3, Bath 2 | Gourmet+Asian | 2 | None | 1 | 1 | 1 | 1 |
B2-1A (PES) | 2142 | 3 | none | Master, Bedroom 3, Bath 2 | Gourmet+Asian | None | Yes | 1 | 1 | 1 | None |
B2-2 | 2013 | 3 | none | Master, Bedroom 3, Bath 2 | Gourmet+Asian | 2 | None | 1 | 1 | 1 | 1 |
B2-5 | 2067 | 3 | none | Master, Bedroom 3, Bath 2 | Gourmet+Asian | 3 | None | 1 | 1 | 1 | 1 |
B2-8 | 2121 | 3 | none | Master, Bedroom 3, Bath 2 | Gourmet+Asian | 3 | None | 1 | 1 | 1 | 2 |
B2-12 | 2207 | 3 | none | Master, Bedroom 3, Bath 2 | Gourmet+Asian | 3 | None | 1 | 1 | 1 | 2 |
B2-22 | 2142 | 3 | none | Master, Bedroom 3, Bath 2 | Gourmet+Asian | 3 | None | 1 | 1 | 1 | 2 |
C-1 (PES) | 3122 | 4 | none | Master, Junior, Bedroom 3, Bath 4 | Gourmet | None | Yes | None | 1 | 1 | None |
C-2 | 2562 | 4 | none | Master, Junior, Bedroom 3, Bath 4 | Gourmet | 1 | None | 1 | 1 | 1 | 2 |
C-5 | 2702 | 4 | none | Master, Junior, Bedroom 3, Bath 4 | Gourmet | 2 | None | 1 | 1 | 1 | 3 |
C-8 | 2691 | 4 | none | Master, Junior, Bedroom 3, Bath 4 | Gourmet | 2 | None | 1 | 1 | 1 | 2 |
C-13 | 2691 | 4 | none | Master, Junior, Bedroom 3, Bath 4 | Gourmet | 2 | None | 1 | 1 | 1 | 2 |
C-20 | 2626 | 4 | none | Master, Junior, Bedroom 3, Bath 4 | Gourmet | 2 | None | 1 | 1 | 1 | 2 |
Table 1: Unit Types and Areas
Type | No. of Bedrooms | No. of Units | Area (Sqft) |
A2, A5, A19, A22 | 2 | 42 | 1184-1292 |
B1-3, B1-5, B1-12, B2-1A (PES), B2-2, B2-5, B2-8, B2-12, B2-22 | 3 | 84 | 1884-2207 |
C1 (PES), C-2, C-5, C-8, C-13 | 4 | 44 | 2562-3122 |
TBA | Penthouse | 4 | 5543-7287 |
There are just 174 units for sale in Gramercy Park, all exclusive and well appointed.
More details to be uploaded as they become available. The average psf is estimated to be 2.7k which translates to a price range of $3.2 million for 2 bedroom unit to $19.7 million for the largest penthouse.
Like its namesake, Gramercy Park in Manhattan, Gramercy Park Condo in Singapore is an exclusive oasis for residents. The appeal of Gramercy Park has to do with its prestigious address at 57, Grange Road, its location in District 10, the freehold status and proximity to the Chatsworth and Orchard areas. Everything a family or an individual needs is within 1-2km of Gramercy including shopping and schools. The potential for rental is supported by the presence of several embassies nearby and the popularity of the area with expats and high flying executives. The design by NBBJ angles the two blocks for optimal views of the surrounding areas and the finishings of the 174 units are high end and with designer wardrobes. The 30 facilities include a 50m grand pool, a large front lawn (perhaps suggestive of Gramercy Park in Manhattan?) and luxury sized carpark lots. Within the development, the 2 to 4 bedroom units and penthouses widen the range of available budgets for investors and owners alike.
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