April June 2011 MICA (P) 084/06/2010 ASPECTS OF REAL ESTATE. A quarterly publication from Knight Frank

Transcription

1 April June 2011 MICA (P) 084/06/2010 A quarterly publication from Knight Frank

2 Residential > 01 Investment > 08 Auction (Residential) > 11 Auction (Commercial) > 14 Office > 18 Industrial > 21 Retail > 23 KF Estate Management > 28 Residential Premier Projects Showcase Knight Frank takes pride in handling some of the most high-profile and luxurious projects in Singapore! The following pages showcase our current hot properties, as well as some high-end developments to enter the market soon. For enquiries on Anson, please contact Chloe Choo chloe.choo@sg.knightfrank.com Anson Enggor Street Anson, a truly iconic development that is set to reshape the city skyline. Touted to be the tallest residential building in Singapore with 71 storeys, Anson offers the discerning buyer magnificent views of Marina Bay and Sentosa. Located in the heart of the Central Business District, this stunning structure will light up the entire night sky with its four glorious sky terraces. Exciting entertainment and leisure amenities are a plenty at nearby Marina Bay Sands, the new Arts District, Clarke Quay and even Sentosa. All apartments are meticulously thought out by the design team to be fully efficient and stylish, with a fully integrated and concealable kitchen. Anson comprises 360 units of one to three bedroom apartments ranging from 365 1,140 sq ft. The Lumos Leonie Hill Private Viewing by appointment only! The Lumos set in the prestigious Leonie Hill residential area, off Grange road consists of an exclusive 53 luxurious units offering unobstructed views towards the city skyline. Evolved from the concept of a glittering chandelier, The Lumos has five sparkling jewel-like living pods, encased into an iconic architecture towering 36-storey high. Sky gardens that connect at various levels offer every unit an outdoor sanctuary and access to nature that is Anson The Lumos Anson The Lumos The Lumos 01

3 KnightFrank.com.sg rare among high-rise developments. Surrounding the development is double glazed glass planted with LED light to enhance the uniqueness in this development. Besides the futuristic architecture, The Lumos is also outfitted with branded designer fixtures and fittings. Residents are able to enjoy a home-spa experience as each unit comes with an Italian made Visentin Rainbow Shower which is a colour therapy backlight that allows user to change the colours to enhance the ambience and mood. Masters in the house will have bathrooms that come with Strass Swarovski Crystal tiles and Bellosta Italian Bathroom fittings. With the many distinctive features in this development, this development is truly a luxury for high life. Urban Resort Cairnhill Road Private Viewings by appointment only! Urban Resort sits on a land size of 57,242 sq ft along Cairnhill Road in District 9. With only 64 units, residents can enjoy exclusivity and quality living. All units are fully functional with efficient layouts for maximum space comfort. Apartments are served by private lifts to ensure maximum privacy. Expected to receive its T.O.P in 2013, this freehold development is set to be the next resort-living tucked away from the lively street of Orchard entertainment belt which is a short distance away. Residents can enjoy the ultimate convenience of having shopping, dining, entertainment and leisure along world-renowned Orchard Road, which is just a few minutes walk away. Renowned international and local schools like Overseas Family School, Chatsworth International School, ACS School, etc are also less than 2 km away. For enquiries on The Lumos, please contact Edwin Wee edwin.wee@sg.knightfrank.com For enquiries on Urban Resort, please contact Gwen Lim gwen.lim@sg.knightfrank.com The Lumos Urban Resort Urban Resort 02

4 Residential > 01 Investment > 08 Auction (Residential) > 11 Auction (Commercial) > 14 Office > 18 Industrial > 21 Retail > 23 KF Estate Management > 28 Residential Mega Projects Comprising over a thousand units each, and spread over vast parcels of land, these 3 mega projects by Knight Frank offer buyers limitless choices. Painstakingly designed to ensure maximum comfort, choice and entertainment, mega launches are catching up in Singapore. Take your pick from these 3 developments. For enquiries, please contact Kevin Teoh kevin.teoh@sg.knightfrank.com d Leedon Leedon Heights d Leedon may well be taking over the crown of being the largest residential development in Singapore s history. Strategically located in the heart of District 10, d Leedon is close to popular commercial and lifestyle centres such as Dempsey Hill, Holland Village and Orchard Road as well as highly sought-after schools like Nanyang Primary. Within walking distance to the future Farrer Circle Line Station and situated along the main connective routes to the city, it will be highly accessible. Surrounded by good-class bungalows and mainly 12 storey condominiums, this 99-year leasehold development is the only residential site in the vicinity which allows for a development of 36 storeys, offering unobstructed views of Singapore s skyline as well as breathtaking views of large expanses of greenery such as Botanic Gardens and Bukit Timah Nature Reserve. Sitting on a land size of 838,488 sq ft along Leedon Heights, the development comprises of 7 towers that occupy only 22% of the land site. This translates to a dedicated space of 655,238 sq ft for facilities, greenery and lifestyle living. Apartments range from stylish one bedroom units to luxurious 4 bedrooms of various sizes. d Leedon Club House d Leedon d Leedon Party House 03

5 KnightFrank.com.sg The Interlace Depot Road / Alexandra Road The Interlace is one of the largest and most ambitious residential developments in Singapore. It will present a radically new approach to contemporary living in a lush tropical environment. The project is located on an expansive eighthectare site in the heart of Singapore s Southern Ridges and will complete a nine-kilometre green belt of parks and recreational facilities. With about 170,000 sq m of gross floor area, the development will provide over 1,000 condominium units of varying sizes with extensive outdoor spaces and landscaping. Interlace is located at the junction of Alexandra Road and Depot Road and comprises very livable sized apartments from 1,259 sq ft. The Minton One Home, Three Worlds The Minton, located near to the future shopping mega mall NEX at Serangoon Central, comprises of 1,145 units spreading across half a million sq ft of land, equivalent to 7 football fields. The Minton represents a new standard in condominium living, offering three vast worlds of luxurious facilities for you and your family to explore Wellness World, Fun World and Tranquil World, all spread across 250,000 sq ft of landscaping. It is designed with a vast unblocked 25 m to 55 m vista between the apartment blocks to create a sense of spaciousness. A range of units from one- to four-bedroom apartments are available for sale. For enquiries on The Interlace, please contact Larry Yam larry.yam@sg.knightfrank.com For enquiries on The Minton, please contact Kevin Teoh kevin.teoh@sg.knightfrank.com The Interlace The Interlace Lotus Pond The Interlace Spa Valley 04

6 Residential > 01 Investment > 08 Auction (Residential) > 11 Auction (Commercial) > 14 Office > 18 Industrial > 21 Retail > 23 KF Estate Management > 28 Residential Project Highlights For enquiries on Lincoln Suites, please contact Ginn Lee For enquiries on Spottiswoode Residences, please contact Chloe Choo Lincoln Suites Khiang Guan Avenue / Lincoln Road Lincoln Suites, located off Newton Road, is directly across Goldhill Plaza and United Square Shopping Mall. Residents are assured of maximum convenience with malls and the Novena MRT a short distance away. Residents can also look forward to chill out and relax, or even host guests, at the various sky gardens in the development. Premium units on high floors are recently released for sale to the public. Spottiswoode Residences Spottiswoode Park Road Spottiswoode Residences is yet another proud residential development by the UOL Group Limited. Nestled within the tranquil district 2, Spottiswoode Residences takes the coveted position of being in the city centre within easy access to Tanjong Pagar MRT station, the Central Business District and Marina Sands Integrated Resorts where a myriad of amenities can be found. Outram MRT is also within walking distance. Spottiswoode Residences consists of 351 units ranging from one- to three-bedroom and penthouses. Sitting on this elevated land, each unit is practically guaranteed with a view of the city or the sea. Lincoln Suites Lincoln Suites Lobby Lincoln Suites Facade 05

7 KnightFrank.com.sg Killiney 118 Killiney Road Killiney 118, is located in the heart of Singapore s main shopping belt of Orchard Road. Situated in the prime residential enclave of District 9, it is a freehold development next to Orchard Road and within walking distance to Somerset MRT. The development s appeal lies in its exceptional location; a home that is conveniently located at the edge of the town, yet tucked away from the bustling town in stylish setting. Killiney 118 puts shopping and dining pleasure right at your doorstep. Exclusivity is guaranteed with only 30 units of one to two bedroom available for the discerning few. For enquiries, please contact Chloe Choo chloe.choo@sg.knightfrank.com Killiney

8 Residential > 01 Investment > 08 Auction (Residential) > 11 Auction (Commercial) > 14 Office > 18 Industrial > 21 Retail > 23 KF Estate Management > 28 Residential Project Highlights The Cascadia Bukit Timah Road Located in Bukit Timah, one of Singapore s most respectable private residential districts, The Cascadia seamlessly combines prestige and resort living. Lush palm trees, a picturesque water garden and an idyllic koi pond the freehold development is meticulously-landscaped to offer you a heavenly getaway, right at home. And as with the world s finest family resorts, The Cascadia teems with leisure facilities including a Jacuzzi and grand pool, to help you relax and rejuvenate. While you are sheltered from the city s hustle and bustle, you are within easy reach to gourmet grocers, reputable schools, Country Clubs, the Central Business District and the renowned Orchard Road shopping belt. Just about everything you need, for the ultimate lifestyle you well-deserve. The Cascadia recently obtained its T.O.P, meaning residents are able to move in immediately, while investors can look forward to immediate rental returns upon purchase. For enquiries, please contact Alan Neo alan.neo@sg.knightfrank.com The Cascadia Entrance The Cascadia The Cascadia Kids pool 07

9 KnightFrank.com.sg investment Sold Lion City Hotel and Hollywood Theatre Site 15 & 57 Tanjong Katong Road Knight Frank is pleased to announce the sale of Lion City Hotel and the adjoining Hollywood Theatre site to the UOL Group for $313 million. The freehold redevelopment site, with a land area of 13,741.2 sq m (approximately 147,909 sq ft), is located within 350 metres of Paya Lebar MRT interchange station and enjoys three frontages along Tanjong Katong Road, Geylang Road and Haig Road. It is also situated next to the proposed Paya Lebar Central Sub-Regional Centre. Paya Lebar Central is one of the three commercial hubs, which is part of the Urban Redevelopment Authority (URA) s decentralization strategy, to provide alternative location for businesses and to bring jobs closer to homes. In addition to what would be allowed by virtue of the provisions in the 2008 Master Plan i.e. Hotel zone on Plot A and predominantly Commercial Zone at GPR 4.2 on Plot B, the URA has also allowed additional development options. They include:- Scheme A A mix of residential and commercial development Gross Plot Ratio 3.39 (Average) Based on Scheme A, the land price inclusive of development charge for rezoning and 10% balcony works out to $761 psf ppr. Scheme B Residential with Commercial at 1st Storey Development Gross Plot Ratio 3.0 Based on Scheme B, the land price inclusive of development charge for rezoning, remnant State Land and 10% balcony works out to $834 psf ppr. For enquiries, please call: Nicholas Wong / Ian Loh / Lion City Hotel 08

10 Residential > 01 Investment > 08 Auction (Residential) > 11 Auction (Commercial) > 14 Office > 18 Industrial > 21 Retail > 23 KF Estate Management > 28 investment Sold For enquiries, please call: Ian Loh / Sheryl Koh / Camay Court Lorong M Telok Kurau Knight Frank is pleased to announce the sale of Camay Court, a freehold residential redevelopment site in District 15, to Residenza Pte Ltd for $30.5 million. Residenza is a consortium of property developers Heeton Holdings, KSH Holdings and contractor TEE International. The deal translates to a land price of $687 per sq ft per plot ratio, including development charges, and based on the gross floor area of approximately 44,702 sq ft. 100% consensus from owners have been achieved and as such no application to Strata Titles Board is required. Situated in a quiet residential enclave along Lorong M Telok Kurau, the freehold site has a land area of 2,966.4 sq m (approximately 31,930 sq ft) The 2008 Master Plan designates the site for Residential use at a Plot Ratio of 1.4. It currently comprises 23 residential walk up apartments with unit sizes ranging from 114 sq m to 131 sq m. It is located within close proximity to food and shopping amenities such as Kembangan Plaza, Siglap Shopping Centre, Parkway Parade Shopping Centre, Katong Mall and Katong Plaza. Established schools and institutions such as Saint Patrick s School, CHIJ Katong and Tao Nan School are also located within 1 km of Camay Court. Knight Frank is the sole marketing agent for Camay Court. Camay Court 09

11 KnightFrank.com.sg For Sale by Tender New Changi Hotel 80 Changi Road Knight Frank is pleased to announce the availability of a freehold re-development site along Changi Road. New Changi Hotel is located in an established mix of residential and commercial area, comprising of boutique offices, hotels, shopping complex and residential developments. The site sits on a freehold land with an area of 2,455.7 sq m (approximately 26,432.9 sq ft) and is within close proximity to the future Paya Lebar Central, a commercial hub to be developed outside the city centre as part of the Urban and Redevelopment Authority (URA) s decentralisation strategy to provide alternatives for businesses and jobs closer to homes. Currently the existing development is a 3-storey hotel with 61 rooms. The 2008 Master Plan designates the site for Hotel. Potential investors can explore a change of use of the site to Commercial with a Plot Ratio of 3.0. New Changi Hotel is highly accessible and convenient via Paya Lebar and Eunos MRT Stations. Vehicular access to various part of the island is excellent via the Pan Island Expressway and the Central Expressway as well as through major arterial roads of Changi Road, Geylang Road and Sims Avenue. The newly operational Circle Line MRT system further enhances the accessibility of the area. For enquiries, please call: Ian Loh / Sheryl Koh / New Changi Hotel 10

12 Residential > 01 Investment > 08 Auction (Residential) > 11 Auction (Commercial) > 14 Office > 18 Industrial > 21 Retail > 23 KF Estate Management > 28 auction (residential) Knight Frank auctioned chattels for the Singapore Police Force There are thousands of great bargains you can find at the Singapore Police Force public auction, held every 3 to 4 months with the last one held on 26 January It was opened to the public and attracted businessmen, retirees and bargain hunters. Goods sold included confiscated items from theft, credit card fraud and cross-border smuggling cases, as well as lost items turned over by the public and old police equipment. More than 3,000 items sold on that day included diamonds, designer handbags and even cars. Bargain hunters bought diamond rings for under $500, digital cameras for $30 and laptops for $400. Sale proceeds from the auctions are surrendered to the government consolidated fund administrated by the Ministry of Finance. Collective sale of Telok Kurau View sold before Auction With the enbloc fever inching up, Knight Frank Auction (Residential) was appointed by 11 owners of Telok Kurau View to conduct a collective sale by auction late last year. The development is a 3-storey walk- up block, which sits on 17,337 sq ft of freehold land. However, before the property was put up for auction, it was sold at $16 million to a local developer. Collective sale of Telok Ville sold by Private Treaty After the sale of Telok Kurau View, Knight Frank Auction (Residential) was also appointed the sole agent to sell the neighbouring development, Telok Ville. The development is a row of 7 adjoining units of 3-storey townhouses which sits on 17,393 sq ft of freehold land in Telok Kurau, Lorong K. With 100% consensus that plot of land was also sold shortly at $16.52 million. 4 Moonbeam Walk Chelsea Gardens 11

13 KnightFrank.com.sg Sold Chelsea Gardens, Walshe Road D10 4+1, 2-level penthouse, 3,864 sq ft Sold at $5M Crystal Tanjong Rhu Road D15 2 bedrooms, 1,066 sq ft, freehold Sold at $1,250,000 4 Moonbeam Walk (off Holland Road) D10 2-storey semi-detached house 4,022 sq ft, 999 yrs Sold at $4,560,000 Waterford Residences D09 3 bedrooms, 1,195 sq ft, 999 yrs Sold at $1,650,000 Landed flower road D19 9 bedrooms, 3-storey semi-detached 4,177 sq ft, freehold Sharon Chan / Jennifer Teo / Mugliston Road D15 3-storey corner Terrace 2,164 sq ft, freehold Sharon Chan / Braddell Road D13 2-storey unique detached house With basement 5,910 sq ft, freehold Sharon Chan / Joo Chiat Terrace D15 2-storey conserved terrace 1,170 sq ft, freehold Sharon Chan / Onan Road D15 2-storey corner terrace Ground floor currently used as provision shop 1,960 sq ft, freehold Jennifer Teo / Duchess Avenue D10 3-storey clustered semi-detached Approx. 3,650 sq ft, freehold Facilities, resort living Sharon Lee / Philips Residence at Philips Avenue D19 4+1, 3-storey semi-detached cluster house Basement and roof terrace 4,080 sq ft, 999 yrs Jennifer Teo / Joo Chiat Terrace Flower Road 243 Braddell Road Philips Residences 12

14 Residential > 01 Investment > 08 Auction (Residential) > 11 Auction (Commercial) > 14 Office > 18 Industrial > 21 Retail > 23 KF Estate Management > 28 auction (residential) For Sale Apartments The Sixth Avenue Residences D bedrooms, Penthouse 3,165 sq ft, freehold Sharon Chan / Tribeca By The Waterfront D bedrooms with private lift 1,905 sq ft, freehold Sharon Chan / Tanah Merah D16 4+1, 1,528 sq ft, 99 yrs Sharon Chan / Reflections@ Keppel Bay D04 Villa 2 bedrooms, 1,119 sq ft, 99 yrs Villa 3 bedrooms, 1,711 sq ft, 99 yrs Max Tan / Sharon Chan / Riverine By The Park D08 4 bedrooms, 1,711 sq ft, freehold Max Tan / St Martin Residences D10 1 bedroom studio, 581 sq ft, freehold Max Tan / Telok Blangah D04 3 bedrooms, 1,249 sq ft, freehold Max Tan / Mandarin Gardens D15 3+1, 1,528 sq ft, 99 yrs, seaview Jennifer Teo / Max Tan / Crystal Tanjong Rhu D15 3 bedrooms, sq ft, freehold Sharon Chan / Aspen River Valley Road D09 3 bedrooms, 1,324 sq ft, 999 yrs Sharon Chan / Seraya, Seraya Lane D15 2 bedrooms, 850 sq ft, freehold Sharon Chan / Harbourlights Tribeca Crystal Rhu The Sixth Avenue Residences 9@Seraya Aspen Heights 13

15 KnightFrank.com.sg auction (commercial) Auction of Duty Unpaid Wines, for the Official Receiver, as liquidators of a company Knight Frank Auction (Commercial) is proud to add auction of fine wines as another aspect to commercial auction in our growing list of accomplishments. In November 2010, the Insolvency and Public Trustee s Office (IPTO) appointed the team to conduct the wine auction. The public auction featured wines from limited lots of First Growth classifications from France and Australia (e.g Chateau Lafite Rothschild and Penfolds Grange), amongst others. The auction was conducted on 26 November 2010 and attracted many interested parties from wine traders to wine collectors. New price benchmark for GCB at Astrid Hill The Government of Japan appointed Knight Frank for the tender sale of a 2-storey Good Class Bungalow at Queen Astrid Park, which was formerly occupied by the ambassador of Japan. With its elevated, regular-shaped land and convenient location near Holland Road, it drew more than one dozen bidders when the tender closed on 18 November The highest bid stood at $28,618,000 translating to about $1,511 psf for the land area of 18,939 sq ft. This sets a new benchmark for Good Class Bungalow land at the prestigious enclave in Queen Astrid Park. 18 Queen Astrid Park 14

16 Residential > 01 Investment > 08 Auction (Residential) > 11 Auction (Commercial) > 14 Office > 18 Industrial > 21 Retail > 23 KF Estate Management > 28 auction (commercial) Transactions of HDB Shophouses gaining popularity in the wake of Cooling Measures on Residential Properties The government introduced more cooling measures on 13 January 2011 to curb the blazing residential property market just 5 months after the previous round of measures. With these restrictive measures slowing residential property investments to a trawl, many investors are looking towards commercial property as another option of investment, particularly HDB shophouses. On 20 January 2011, Knight Frank s auction was testament to the after effects where 3 HDB shophouses were snapped up in the midst of vigorous bidding. With demand trending up, many sellers have become more optimistic in their price expectations. Despite the price gap between buyers and sellers, many buyers remain attracted to HDB shops in town and populous neighbourhood centers. Further buyer activities are supported by the government s continued efforts to revitalize HDB heartlands, the availability of bank financing and the potential growth in capital and rental values will support further buying activities. Recent Deals by the Team Blk 114 Ang Mo Kio Ave 4 2-storey HDB shop with dwelling on 2nd floor Floor Area: 1,442 sq ft approx 99 years leasehold Sold for $888,888 Blk 456 Jurong West St 41 2-storey HDB shop with dwelling on 2nd floor Floor Area: 1,615 sq ft approx 99 years leasehold Sold for $1,430,000 Blk 966 Jurong West St 93 1-storey HDB shop Floor Area: 582 sq ft approx 99 years leasehold Sold for $1,660,000 Blk 7 Tanjong Pagar Plaza 1-storey HDB shop Floor Area: 560 sq ft approx 99 years leasehold Sold for $1,690,000 Blk 114 Ang Mo Kio Ave 4 Blk 7 Tanjong Pagar Plaza Blk 966 Jurong West St 93 Blk 456 Jurong West St OF

17 KnightFrank.com.sg For Sale HDB Shophouses Tanjong Pagar Plaza 1-storey HDB shop Floor Area: 344 sq ft approx Balance 67 years from 2011 Fiona Koh / Veerasamy Road 1-storey HDB shop Floor Area: 710 sq ft approx Balance 73 years from 2010 Fiona Koh / Bukit Merah Central 1-storey HDB shop Floor Area: 860 sq ft approx Balance 19 years from 2010 (30 years leasehold) Fiona Koh / West Coast Drive 2-storey HDB shop with dwelling on 2nd floor Floor Area: 2,164 sq ft approx Balance 67 years from 2010 Fiona Koh / Conservation Shophouses Craig Road 3-storey intermediate conservation shophouse Land Area: 1,506 sq ft approx 99 years wef 1989 Derrick Loi / Craig Road 3-storey intermediate conservation shophouse Land Area: 1,654 sq ft approx 99 years wef 1988 Derrick Loi / Duxton Road 3-storey intermediate shophouse unit with attic Land Area: 1,083 sq ft approx 99 years wef 1988 Derrick Loi / Duxton Road 3-storey intermediate shophouse unit with attic Land Area: 1,145 sq ft approx 99 years wef 1989 Derrick Loi / Bukit Merah Central Duxton Road Tanjong Pagar Plaza Veerasamy Road Craig Road 16

18 Residential > 01 Investment > 08 Auction (Residential) > 11 Auction (Commercial) > 14 Office > 18 Industrial > 21 Retail > 23 KF Estate Management > 28 auction (commercial) For Sale Strata Offices Textile Centre 200 Jalan Sultan Floor Area: 883 sq ft approx 99 years wef 1970 Magdalene Chong / Fortune Centre 390 Middle Road Floor Area: 1,356 sq ft approx 99 years wef 1980 Magdalene Chong / Orchard Tower 400 Orchard Road Floor Area: 3,606 sq ft approx Freehold Joshua Tay / Thong teck building 15 Scotts Road Floor Area: 1,292 sq ft approx Freehold Joshua Tay / The Central 8 Eu Tong Sen Street Floor Area: 10,325 sq ft approx 99 years wef 2001 Joshua Tay / Suntec Tower 1 7 Temasek Boulevard, Floor Area: 3,929 / 10,097 sq ft approx 99 years wef 1989 Joshua Tay / GB Building 143 Cecil Street Floor Area: 12,594 / 13,067 sq ft approx 99 years wef 1982 Joshua Tay / Strata Shops Far East Plaza 14 Scotts Road Floor Area: 861 sq ft approx Freehold Joshua Tay / People s Park Centre 101A Upper Cross Street Floor Area: 355 sq ft approx 99 years wef 1970 Magdalene Chong / Suntec Tower 1 People s Park Centre Thong Teck Building Far East Plaza GB Building 17

19 KnightFrank.com.sg Office CPF Robinson Building Superbly located in Singapore s financial and business district, the prestigious CPF building provides 30,000 square metres of high quality office accommodation on 46 storeys. The CPF building is opposite the Tanjong Pagar MRT Station and within walking distance to many of the major financial, commercial and government institutions. Availability: Immediate Available sizes: From 970 sq ft 1,500 sq ft Ample carpark lots Regular floor plate CPF Tampines Building An office space in CPF Tampines offers just as many advantages as an office space in the city with more value. Just walking distance to the Tampines MRT station, bus interchange, the location is self-contained and well-served by shopping malls, food outlets, entertainment, recreation centres and commercial hub of the eastern part of Singapore. Availability: Immediate Available sizes: From 1,000 sq ft 1,700 sq ft Ample carpark lots 24 hours security CPF Jurong Building CPF Jurong is within the Jurong Regional Centre and it is easily accessible with arterials roads and expressway links (AYE/PIE). It is also near Jurong East MRT station and bus interchange. This bustling new town is within public amenities like banking, eateries and the library. Availability: Immediate Available sizes: From 820 sq ft Ample carpark lots 24 hours security For enquiries, please call: Jason Le / Angie Wu / CPF Robinson Building CPF Tampines Building CPF Jurong Building Night View 18

20 Residential > 01 Investment > 08 Auction (Residential) > 11 Auction (Commercial) > 14 Office > 18 Industrial > 21 Retail > 23 KF Estate Management > 28 Office URA Centre URA Centre is one of Singapore s Grade A buildings located a stone throw from Tanjong Pagar MRT. This development obtained the BCA Green Mark (Gold) Award in 2008 and has seen high demand since completion. Conveniently located along Maxwell Road, the building is also near banking, shopping and the popular eateries along Maxwell Road, the building Food Centre and Tanjong Pagar. Its location within the city provides quick and easy access to major roads and expressways including the East Coast Parkway, Ayer Rajah and Central Expressways. A wide network of bus services are available along South Bridge Road, Maxwell Road and Cecil Street. Parking facilities are also available at the basement carpark of The URA Centre and public carparks in the vicinity. Availability: Immediate Available space: 6,135 to 22,680 sq ft Central air-conditioning system Lower deck 2.4 m Upper deck m Ample carpark lots For enquiries, please call: Jason Le / Stephen Choo / URA Centre 19

21 KnightFrank.com.sg HDB HUB HDB HUB is a preferred business centre, located at the fringe of Central Business District. Completed in 2002, the development comprises of East and West Wing, an atrium, four commercial building blocks, a leisure and learning centre and a three-storey basement parking lot. The building has constantly mantained a high occupancy rate, thanks to its strategic location on top of the MRT Station and Toa Payoh Bus Interchange. It is also easily assessed to AYE, CTE and ECP. The development has rejuvenated the town centre making it an ideal business and lifestyle hub offering 30,000 sq ft of retail space that offers a wide range of facilities like banking, medical, entertainment and postal services and a full range of F&B and retail outlets. Availability: Immediately Available space: 11,000 sq ft 19,500 sq ft Raised flooring 150 mm High Ceiling 2.7 m Ample carpark lots For enquiries, please call: Jason Le / Angie Wu / HDB HUB 20

22 Residential > 01 Investment > 08 Auction (Residential) > 11 Auction (Commercial) > 14 Office > 18 Industrial > 21 Retail > 23 KF Estate Management > 28 industrial For enquiries on Mandai Industrial Estate, please call: Lim Kien Kim / Veronica Chao / For enquiries on A Posh Bizhub, please call: Salyn Yap / Jeane Ang / Freehold Land in Mandai Acquired for $67 million The Industrial Property Agency Team successfully brokered the sale of a large freehold land in Mandai Industrial Estate (MIE). The 201,443 sq ft freehold site, belonging to Mandai Properties (part of the Hong Leong Group), was sold to Lian-Beng Centurion (Mandai) at $67 million. With a plot ratio of 2.5, this site can potentially yield more than 500,000 sq ft of gross floor area after development. Mandai Industrial Estate is situated in the north-west part of Singapore, in the vicinity of Sungei Kadut and Kranji industrial estates. The properties within MIE are predominately classified B2 in usage and freehold in tenure. A Posh Bizhub 100% Sold in First Phase Launch There was an overwhelming response during the soft launch of the project in December 2010 and that resulted in a sold out! The strong demand is attributed to the lack of such properties towards the northern part of Singapore and now near to the Seletar Aerospace Park. In response to the overwhelming demand and request, the second phase was launched in February and was again well-received by the public. At the time of this publication, more than 70% of the units have been sold. Interested prospects may be able to find some units left. The showroom is located along Yishun Avenue 6 and is opened on weekdays, 10am 6pm. Mandai Photo Courtesy of Google Earth 21

23 KnightFrank.com.sg Market Demand for Factories Over the past year/months, we have seen an increasing demand for factories from local companies as well as foreign multinational companies. In particular, we require factories with a gross floor area from 20,000 sq ft to 200,000 sq ft. Another specialized facility that is seeing high demand is business space for clients from the food processing industry. If you have suitable excess space that may fit such needs and would like to consider generating revenue from the excess area, please feel free to contact us. Our experience business space agents will be able to advise you on the best options for your property. For enquiries, please call: Chan Lei Ling / A Posh Bizhub (Artist s impression) A Posh Bizhub (Artist s impression) 22

24 Residential > 01 Investment > 08 Auction (Residential) > 11 Auction (Commercial) > 14 Office > 18 Industrial > 21 Retail > 23 KF Estate Management > 28 Retail For families, there will be shopping, dining and entertainment as well as a rooftop landscaped plaza with wet and dry playgrounds for young children. For enquiries, please call: Arina Liew / Katong A Premier Fashion, Lifestyle And Food & Beverage Hub in Singapore s East The new Katong Mall, to be called 112 Katong, will offer a unique and diverse dining, shopping and entertainment experience to patrons residing in the Eastern suburb of Singapore. In this precinct, it will be the first integrated mall to have a Peranakan-theme Multiplex with two Gold Class Halls and accompanying Gold Class Lounge, Market Place offering the largest range of gourmet and unique products under one roof, Din Tai Fung Duplex and modern food atria The Food Republic. The new mall is positioned as the premier lifestyle destination, catering to a relatively affluent population catchment of more than 200,000 residents. Adding to the catchment will be residents from more than 3,000 private home units to be completed within the next few years. For working adults, there will be all-day dining restaurants and gastro bars where they can also chill out with friends and colleagues after work. For fashion-forward shoppers, the mall will offer upscale shopping with international and regional brands under one roof. The mall is owned by Perennial Katong Retail Trust and managed by Perennial (Singapore) Retail Management Pte Ltd. The latter is a subsidiary of Perennial Real Estate Pte Ltd which is part of the consortium that was awarded the tender to redevelop the prime 1.43 hectare Capitol site. It also manages Chinatown Point, a retail mall which is situated in the prime Chinatown precinct. 112 Katong 23

25 KnightFrank.com.sg myvillage A Whole New Sensory Experience myvillage opened its doors in time for the Year of the Rabbit, much to the delight of retailers and Serangoon Garden residents. Nestled in a reputable quaint neighbourhood, myvillage has created a Rendezvous at the Village ambience where people can gather and indulge in a home-styled setting, as if this is an extension of their own backyard. Through Knight Frank, it has secured tenants such as Fairprice Finest, DBS Treasures, DBS/ POSBank, Old Hong Kong, Da Paolo Gastronomia, Relish, Shin Kushiya, Udders, The Coffee Bean & Tea Leaf, Bakerzin, Sweet Spring and Wang Café. For retail and beauty therapy, there are Guardian, Hock Hua, GNC, Spectacle Hut, Wacoal, Organic Basics and The Flip Flop Shop. myvillage breathes a fresh rusticity into Serangoon Garden, known for its history, charm and laid-back vibe. This beautiful new mall, which houses good-named tenants, brings a whole new sensory experience for people to socialise and hangout without hassle. For enquiries, please call: Michelle Lam / Glen Koh / myvillage 24

26 Residential > 01 Investment > 08 Auction (Residential) > 11 Auction (Commercial) > 14 Office > 18 Industrial > 21 Retail > 23 KF Estate Management > 28 Retail Singapore Flyer An Icon Of Singapore Knight Frank was the Sole Marketing Agent for the product renewals at the Singapore Flyer. It assisted in the repositioning and marketing of retail spaces to enhance the destination appeal of the Singapore Flyer. the good old days of tucking into famous local fares and familiar foods, such as Hill Street Tai Wah Pork Noodles, Boon Tat Street Barbeque Seafood, Rong Chen Bak Kut Teh and Alhambra Padang Satay. Other new tenants are Admiral Bar & Grill, Each- A-Cup, Hong Kong Sun Kee Dessert, Juiceland and Subway. The new Singapore Food Trail is an exciting and compelling dining concept which brings back the nostalgia and charm of Singapore in the 1960 s. It is a place where one can reminisce For enquiries, please call: Jenny Soh / Singapore Food Trail Admiral Bar & Grill Each-A-Cup Hong Kong Sun Kee Dessert Juiceland Subway 25

27 KnightFrank.com.sg Alleira The Shoppes At Marina Bay Sands Alleira Batik and Alleira International began as Allure Batik in Indonesia in 2005 and soon expanded into markets outside of Indonesia. In Indonesia, Alleira has grown to be the most provocative, sophisticated and contemporary Batik brand. Its designs are adapted to trendy silhouettes, colours and shapes, thus preserving and developing the value of Indonesian Batik. Currently, Alleira has 10 boutiques across Indonesia and is available at departmental stores and luxury hotels. Knight Frank secured Alleira s first flagship fashion boutique at The Shoppes at Marina Bay Sands. The boutique offers handcrafted and handwoven fabrics with touches of silk, habutai, organza, chiffon, poplin and embossed cotton. Ameba AMK Hub Ameba is one of the rare shops in town to find quirky gifts and novelties for any occasion. Ameba has been around for 12 years and opened its first store at Parkway Parade. With the help of Knight Frank, Ameba secured a shop at AMK Hub. The shop has exclusive rights to sell brands such as Knock Knock, Our Name Is Mud, Propaganda and BlueQ and is also the sole distributor of many other brands. Its slogans Dare To Be Different and Dealing With Nice Stuff showcase the uniqueness and quality of the brands and products it carries. For enquiries, please call: Amanda Hobday / Alleira Ameba 26

28 Residential > 01 Investment > 08 Auction (Residential) > 11 Auction (Commercial) > 14 Office > 18 Industrial > 21 Retail > 23 KF Estate Management > 28 Retail STAGE *SCAPE Haru *SCAPE Trend Equals Zero, STAGE Equals You is the direction towards which STAGE s design crew is heading. STAGE is not only a fashion icon but also a part of everyday life. Haru specialises in Japanese subculture fashion brands, namely Lolita, Punk, Elegant Goth, Decora, Hime (princess style), Yukata, Japanese school uniform and Cosplay. For enquiries, please call: Arina Liew / STAGE was founded in 2006 by Taiwan s sensational pop icon, Show Luo. Besides creating original products, STAGE also collaborates with international labels such as Disney (2008), SpongeBob (2009) and Timberland (2010). STAGE opened its first overseas outlet at *SCAPE with the help of Knight Frank. It also provides online shopping for the convenience of STAGE lovers. One of its policies is to sell imported and handmade goods in limited pieces. It seeks to help customers find their individual style and discover a new person in themselves. Haru also specialises in custom tailoring. It is proud to be the official Singapore distributor for Cosplay, a famous brand in Japan for wigs and costumes. Knight Frank helped to secure this outlet at *SCAPE. STAGE Haru 27

29 KnightFrank.com.sg Knight frank estate management Getting the right Managing Agent for your property You have finally purchased your dream home. One day, your ceiling starts leaking, you find rubbish obstructing the common corridor, and the noise from the party next door is still going on past midnight. Sometimes, such unexpected and uncontrollable incidents occur from time to time and this tarnishes the enjoyment of your dream home. This is where the presence of a responsible Estate Manager can help address all concerns promptly and efficiently. KFEM understands that the only way to deliver service excellence to our clients is through the active involvement of motivated and well-trained staff. Indeed, all our well-planned standard operating procedures and systems would fail, if clients are dissatisfied with employees who do not share the company s service excellence vision. Here are some ways which KFEM brands itself as a choice employer, and ultimately a choice Managing Agent. Orientation and clear job descriptions Research has shown retention rates can be boosted with staff induction and clear job descriptions. At KFEM, our regular Staff Induction sessions at our headquarters are a good platform to engage new staff and provide them with an overview of the company s mission, culture and policies. For each job position, clear job descriptions and standard operating procedures (SOPs) are captured clearly, explaining to staff what is expected of them. This allows perceptions to be correctly managed, reducing frustration and resentment for both the employer and employee. Correct fit with site As part of our mission statement, we nurture our employees and treasure their loyalty. Our internal transfer scheme allows us to retain staff with good performance and helps them advance their careers internally. Sometimes, an experienced and good performing staff may resign due to a mis-fit with the site inconvenience of job location, or serious conflicts with co-workers and clients. With this internal transfer scheme, we keep talents within the company by matching the staff to a suitable available appointment which matches the staff s strengths, weaknesses, skills and preferences. Training and development During interviews, many candidates reveal that they are interested to join KFEM because of our training programmes. Indeed, KFEM believes in maximizing staff s potential and performance through training and development for all levels of staff - from BU heads, team managers, condominium managers and officers to technicians. The training topics touch on hard and soft skills including BMSMA, improving customer service and how to handle service providers. Staff referrals With this ongoing talent war, having staff ambassadors within the company to facilitate the pipeline of good talent is a good strength for KFEM. Our staff referral scheme has rewarded many staff for encouraging their friends or relatives to join KFEM; this is a sign of our staff being truly happy with the company. KFEM is different from other Managing Agents which may promise the moon during the sales pitch, but fail to deliver due to staff instability. All these initiatives to attract, retain and develop talents are our service differentiation, to ensure and deliver service excellence to our clients. Call us if you are looking for the right managing agent to manage your property. For enquiries, please call: Main line

30 Name of Salesperson CEA Reg No. DID Handphone No. residential Alan Neo R027864I alan.neo@sg.knightfrank.com Chloe Choo R027827D chloe.choo@sg.knightfrank.com Edwin Wee R027823A edwin.wee@sg.knightfrank.com Ginn Lee R027873H ginn.lee@sg.knightfrank.com Gwen Lim R027862B gwen.lim@sg.knightfrank.com Kevin Teoh R027863J kevin.teoh@sg.knightfrank.com Larry Yam R027856H larry.yam@sg.knightfrank.com INVESTMENT Ian Loh R027865G ian.loh@sg.knightfrank.com Nicholas Wong R027837A nicholas.wong@sg.knightfrank.com Sheryl Koh R027882G sheryl.koh@sg.knightfrank.com AUCTION (RESIDENTIAL) Jennifer Teo R027881I jennifer.teo@sg.knightfrank.com Max Tan R027876B max.tan@sg.knightfrank.com Sharon Chan R027861D sharon.chan@sg.knightfrank.com Sharon Lee R027845B sharon.lee@sg.knightfrank.com AUCTION (COMMERCIAL) Derrick Loi R027850I derrick.loi@sg.knightfrank.com Fiona Koh R027830D fiona.koh@sg.knightfrank.com Joshua Tay R027821E joshua.tay@sg.knightfrank.com Magdalene Chong R027847I magdalene.chong@sg.knightfrank.com OFFICE Angie Wu R027820G angie.wu@sg.knightfrank.com Jason Le R027834G jason.le@sg.knightfrank.com Stephen Choo R040351F stephen.choo@sg.knightfrank.com INDUSTRIAL Chan Lei Ling R027825H leiling.chan@sg.knightfrank.com Jeane Ang R027866E jeane.ang@sg.knightfrank.com Lim Kien Kim R027844D kienkim.lim@sg.knightfrank.com Salyn Yap R027829J salyn.yap@sg.knightfrank.com Veronica Chao R027818E veronica.chao@sg.knightfrank.com RETAIL Amanda Hobday R027828B amanda.hobday@sg.knightfrank.com Arina Liew R027854A arina.liew@sg.knightfrank.com Glen Koh R027817G glen.koh@sg.knightfrank.com Jenny Soh R027883E jenny.soh@sg.knightfrank.com Michelle Lam R027826F michelle.lam@sg.knightfrank.com 29

31 KnightFrank.com.sg OUR SERVICES & CAPABILITIES Knight Frank Pte Ltd (Head Office) 16 Raffles Quay #30-01, Hong Leong Building, Singapore Tel: Fax: Website: Knight Frank Shopping Centre Management Pte Ltd 16 Raffles Quay #30-00, Hong Leong Building, Singapore Tel: Fax: Website: Knight Frank Estate Management Pte Ltd 160 Paya Lebar Road, #05-05/06 Lebar, Singapore Tel: Fax: Website: KF Property Network Pte Ltd 167 Jalan Bukit Merah, #06-10, Connection One Tower 5, Singapore Tel: Fax: Website : ADVISORY SERVICES Consultancy & Research Our team of multi-disciplinary professionals provides cutting edge advice to meet your real estate needs, such as market research, feasibility studies, highest and best use studies, urban planning, as well as acquisition and disposal strategies. Valuation The experienced and well regarded valuation team appraises properties for all purposes mortgage, sale, purchase, public listing, financial reporting, insurance, litigation, etc. We handle the entire spectrum of property uses, from residential, commercial and industrial to leisure, entertainment and public utility. COMMERCIAL SERVICES Auction ( Residential & Commercial Resale) We have a team that pioneers auction in Singapore, handling residential, commercial and industrial properties for owners, mortgagees, the sheriff and government agencies such as LTA and the Singapore Police Force. We are the first to sell a collective land sale by auction. Industrial Business owners look to our team of experienced professionals for leasing, sale and purchase opportunities in the industrial market from conventional warehouses and factories to high-tech and purpose built premises. Office Leveraging on our global network, we offer building owners and developers access to a database of potential international tenants. We also represent tenants to source, negotiate and secure premises for occupation, expansion, relocation and consolidation. Investment Sales We started the collective sale phenomenon in Singapore and is the leading consultant in the market. In addition, we broker sales of investment grade buildings, land for redevelopment and bulk sale and purchase of residential properties. RESIDENTIAL SERVICES Thinking of buying, selling or leasing your residential property? Our teams from Corporate Leasing; Regal Homes; International Project Marketing and Singapore Project Consultancy and Marketing are at your service. RETAIL SERVICES Consultancy & Marketing Our varied services range from market research to advice on mall design, facilities provision, centre positioning and tenant mix. We also provide marketing concept for shopping centres and have successfully secured the leasing of many prime retail spaces. Shopping Centre Management We specialize in retail asset management, including mall operations, lease management, advertising and promotion, finance and human resource management. Our integrated services are aimed at increasing yield and capital value for owners by creating an exciting and vibrant shopping environment for tenants and shoppers. PROPERTY MANAGEMENT SERVICES We manage over 170 properties, comprising more than 18,000 residential units and over 15 million square feet of commercial space. Our services include, asset management, common area management, facility management, occupier services, REITS management, sales and leasing and technical due diligence. 30

32 Information herein is accurate at the time of printing. For enquiries or further information, please contact: Advisory Services Consultancy & Research Valuation Commercial Services Auction, Residential & Commercial Resale Industrial Office Investment Sales Residential Services Corporate Leasing Project Marketing Regal Homes / Overseas Marketing Retail Services Consultancy & Marketing Shopping Centre Management Property Management Services Knight Frank Pte Ltd Estate Agents Licence No.: L J Head Office: 16 Raffles Quay #30-01 Hong Leong Building Singapore Tel: Fax: enquiry@sg.knightfrank.com 031