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Subscribe to this list via RSS Blog posts tagged in Mixed Development

Stars of Kovan - New Mixed Development near Kovan MRT

The Stars of Kovan is a mixed development of 395 residential units and 45 commercial units consisting of retail shops and F&B outlets. Residents get to enjoy the convenience of shops and food outlets in their building while owners of the commercial units have a customer base of perhaps 1000 people in the same building. Kovan MRT station and the Heartland Mall are just a short walk away. Recent developments in the neighbourhood include The Tembusu and Trilive, both condomniums and not mixed developments.

For more information on Stars of Kovan click this link: Stars of Kovan Mixed Development

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Cambodia The Bridge

Property investments in Malaysia, Bangkok, the UK and US have been marketed in Singapore for many years but in recent weeks, a property in Cambodia has joined the stable. Located in Cambodia's prime district and developed by Oxley, The Bridge will be a mega mall with 627 shops, 963 offices and 762 homes making it a very large development by any standards. Investments start as low as USD156k or about SGD192k putting it in the affordable range for more Singaporean investors some of whom are putting up 800-900k for 1-2 bedroom condos in Singapore. Local sales in Cambodia have started and the 2-3 bedroom units are almost gone but this property offers 2 kinds of investments - retail space, offices and condos. There is little doubt that more Cambodia properties are going to be marketed here. If The Bridge piques your interest call us at 97323160 to discuss your investment in this mixed development.

 

The Bridge Corner View 850

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Upcoming Residential and Commercial Integrated Development at Yishun Central

A mixed-use commercial and residential plot at Yishun Central was launched for tender on Feb 28, 2013 with the tender results announced on Sept 5, 2013. The tender was won by North Gem Development P/L and FC North Gem Trustee P/L, units related to Fraser Centerpoint P/L for $1.43 billion dollars. This was 47% higher than the next highest bidder, a consortium that includes Far East.  This price works out to be $1,077 per square foot per plot ratio (psf ppr) for the 99-year leasehold site, somewhat higher than the $750-850 psf ppr expected.

The plot of land located between Yishun Ring Road and Yishun Avenue 9, the location of the upcoming Junction 9 mixed development was sold at just $794.44 psf ppr so Frasers is betting on the benefits of the location raising the psf that investors are willing to pay. The plot of land at Yishun Central is right next to Northpoint Mall, Yishun 10 and Yishun Library, which explains the high bid by Frasers who  also owns Northpoint Mall. It's all about market domination and the track record of Northpoint which is also owned by Frasers.

The plans for the site include a 12-storey integrated development consisting of about 900 residential units sitting on top of a retail mall, community club and bus interchange. Subject to approval this development may also be connected to Northpoint via link bridges and a covered pedestrian promenade. Another big plus is that the Yishun MRT is just across the road (Yishun Ave 2), a big advantage over other mixed developments such as Junction 9. The commercial units in this development will benefit from the heavy foot traffic associated with bus interchanges and MRT stations and the attractiveness to shoppers of having a large number of shops in the same local area.

The residential units need to be attractively priced to sell as shown by recent launches such as Riverbank and RiverTrees Residences in Sengkang which generated a lot of interest because of the lower psfs. Reported estimates are in the $1300-$1450 range. "Skies Miltonia, a 99-year leasehold condominium project in the Yishun area recently transacted an median price of $1,070 psf and it is 1.7km from the nearest MRT station which is Khatib.

 

hdb map

Photo credits - HDB

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Hexacube @ Changi is an upcoming mixed development that combines office space with retail and F&B which is a great combination for those working here. Stay tuned for more as details are just coming in.

Day Facade 800

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Balestier Mixed Development To Be Announced

New Mixed Development in Balestier is bound to generate a lot of interest due to its location and convenience. More details will be forthcoming in the next few weeks. Call our sales hotline at 97323160 to register your interest and receive the latest updates.

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ARC380 is a new building to be built at the site of Eminent Plaza and Lavender Food Square and will offer both offices and shops. Eminent Plaza tends to be known more for the Lavender Food Square next door, a rather well known food court along Jalan Besar with many deletable treats to satisfy all tastebuds. This property is strategically placed at the junction of Lavender and Jalan Besar where human and vehicular traffic are both high. The 144 offices in this 16-storey building boast ensuite washrooms which are served by 23 shops and restaurants on Level 1. Connectivity is excellent as the location is close to PIE, ECP and CTE and is served by Farrer MRT which is just 1km away and in 2017 when the future Bendeemer MRT station is scheduled to be completed, this new MRT station will be just 400m away. The central location also means easy access to CBD and the Marina Bay area as well as to government offices such as the Ministry of Manpower and the Immigration department.

ARC380 Front View

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A Comparison of Recent Mixed Developments

Recently, Huttons Asia P/L has market a string of mixed developments which offer a mix of condo or strata style living with the convenience of F&B, all in one location. Here's a table that compares the mixed developments featured in this website to help our visitors narrow down their choices if they are looking to invest in either the residential or the commercial parts of these developments.

 Mixed Development Table (U/C)

Feature Junction Nine Residences The Venue FloraV The Midtown Onze OKIO Residences
Developer

 CEL-Yishun (Commercial) Pte Ltd

CEL-Yishun(Residential) Pte Ltd

Crescent View Developments Pte Ltd - JV between Hong Leong Holdings Ltd and CDL  Oxley YCK Pte Ltd Oxley-Lian Beng Pte Ltd  Heeton Holdings Ltd Selangor Dredging Bhd
Residential Section Nine Residences The Venue Residences FloraView The Midtown Residential   -  -
Commercial Section Junction Nine  The Venue Shoppes  FloraVista  The Midtown Commercial   -  -
Location 18 Yishun Ave 9 Tai Thong Crescent Ang Mo Kio St 66/Cactus Road

Commercial: 1187 Upper Serangoon Road Singapore 533971

Residential:1187 Upper Serangoon Road Singapore 533971

Hougang 

11 Kee Seng Street, Singapore 089218 in Tanjong Pagar Balestier Rd
Tenure 99 99 Freehold 99 Freehold Freehold
T.O.P. 2017 2017  2018   2018 2018  2015
Residential Units 186 260  90  160 56 104
Commercial Units 146 28 (23 are restaurants)  28  107 13  10
Strata Units Yes  Yes No  No No 8 garden villas
Nearest MRT/Distance  Yishun MRT NS13 (1.4) Potong Pasir NE (300m) Hougang (3min walk) Tanjong Pagar MRT EW15 (500m) Boon Keng MRT (1km)
Unit Types

17 Restaurants: 592-4196

129 Retail:161-10513

4 1-BR: 495

26 1-BR+Study: 549-570

22 2-BR:699

44 2-BR+Study: 710

51 3-BR: 914-1001

22 4-BR: 1173

11 5-BR: 1356-1367

6 Strata Terrace: 1549

23 Restaurants/F&B: 323-1302

5 Retail: 301-1130

24 1-BR: 495-753

114 2-BR: 840-1130

6 2-BR+Duplex: 72

72 3-BR: 1130-1313

28 4-BR: 1238

11 3-BR Dual Key: 1378

8 PH: 1948-2142

15 Restaurants: 678-797

13 Retail: 291-506

4 1-BR: 377-538

8 1+1: 560-592

30 2-BR: 463-753

18 3-BR: 667-764

7 2-BR PH: 657-1055

17 3-BR PH: 797-1259

6 4-BR PH: 1109-1346

55 Restaurants: 721-968 

52 Retail: 258-893

6 1-BR+Study+PES: 474-495

8 2-BR+PES: 678-710

4 3-BR+PES:721-882

42 1-BR+Study: 441-452

56 2-BR: 635-656

28 3-BR:689-721

6 2-BR PH: 882

7 3-BR PH: 1248-1302

3 4-BR PH: 1355-1571

 

6 Restaurants: 420-646

7 Retail:204-581

2 1-BR+Study+PES: 560

12 1-BR+Study: 506

14 1-BR+Study+Balcony: 570

2 3-BR+Entertainment Room+PES: 1108

12 3-BR+Entertainment Room: 1043

14 3-BR+Entertainment+Balcony: 1140

Commercial: 753-1023

1-BR: 420-431

1-BR with Garden Villa: 452-463

2-BR: 570-592

2-BR with Garden Villa: 657-667

Penthouse: 1044-1098

Dual Key  No Yes No  No   No  No
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There have been a whole string of mixed developments launched recently. We just added The Venue which is located at Tai Thong Crescent and Floraview/Floravista located at AMK Ave 66 or Cactus Road. 

The Venue is located in a high traffic area bounded by Macpherson Road and Serangoon road and is less than 300m from the Potong Pasir MRT station. Its location at the fringe of the city makes it very convenient to the Marina Bay area and the CBD. Floraview and Floravista, the residential and commercial sections of this freehold mixed development enjoys good consument traffic from Floraview, the surrounding large landed enclave and nearby businesses. Considering cooling measures are yet to be applied to commercial properties, this may be a good time to consider a commercial unit in this development.

 

The Venue Aerial View

The Venue

 

Floraview Floravista Facade

Floraview and Floravista

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If you like your condo to be on top of shopping, The ONZE @ Tanjong Pagar may be the one for you. Preview is on Sept 5, 2013 when people who register their interest earlier will get to purchase their units. Give me a call at 97323160 about availability of units for this project.

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