PULLMAN RESIDENCES
Pullman Residences is a new and upcoming condominium, sitting on the former site of Dunearn Garden, located along Dunearn Road, bounded by , in the Central Region of Singapore. It is about 200 metres to Newton MRT Station for the present North-South Line (NSL).
Pullman Residences has a large land site of square feet and will be constructed to mid-rise structure which comprises of
Pricing for Pullman Residences
1 Bedroom
2 Bedroom
3 Bedroom
4 Bedroom
5 Bedroom
According to the floor plan layout, each apartment will have comfortable spaces allocated to family rooms and dining area. The living room is the focal point and uniquely dedicated to entertaining your guests. As for the bedrooms, extra attention shall become placed on natural illumination, bathrooms, closets, drawers, and their entire ambiance. At the kitchen, developers plan on equipping and mounting beautiful, durable cabinets on the wall as well as spice shelves. Attractive countertops will be fitted along and around the sink while the developers provide more segments below the surface. On top of that, you will have an island to make and share meals with family.
Pullman Residences- Comprehensive and Functional layouts
Pullman Residences New Condo floor plans are expected to be comprehensive and space efficient. Unit mixes is wide ranging from the more compact and popular 1 Bedroom and 2 Bedrooms for single professionals and young families start-ups and investors. There are also larger units for the home stayers from 3 Bedrooms, 4 bedrooms and 5 Bedrooms and Penthouses.
Pullman Residences- Smart Home Living
With an app that could turn on air-conditioner, and start the washing machine or draw down the curtains before you reach home, residents of Pullman Residences can enjoy these experiences, by simply using a smartphone, bringing them a new way of life. In addition, this Smart home solution is a life-style platform that integrates seamlessly with smart condominium management and other lifestyle offerings, hence meeting the needs of residents in Pullman Residences.
P/T Cameras are installed for round the clock monitoring. Access to home is via a biometric digital lock set. QR code access for smooth entry for visitors and video calls for easy identification.
| Project | Pullman Residences |
| Developer | EL Development, Evan Lim Group |
| Location | Dunearn Road, |
| District | 11 |
| Tenure | Freehold |
| Site Area | 8,866.9 square metres/ 95,442 square feet |
| GFA: | |
| Plot Ratio | 2.8 |
| Expected TOP: | |
| Total Units | Approximatley residential apartments |
| Total Carpark | |
| Development | Private Condominium comprising of communal facilities |
| Unit Type: | |
| Architect | |
| Eligibility | SC, SPR and Foreigner can buy (No restriction) |
Pullman Residences- Connectivity
Pullman Residences is approximately 150 m away from the Newton Interchange Station which operates the MRT North South Line and also the MRT Downtown Line. Future residents need to travel 1 station towards to Marina South Pier MRT Station direction on the MRT North South Line to arrive at the Orchard MRT Interchange Station. The MRT Thomson East Coast Line available at Orchard MRT Interchange Station is slated to start its operations in 2021. From the MRT Downtown Line available at the Newton MRT Interchange Station, future residents just need to travel 1 station toward the Expo MRT Station direction to arrive at the Little India MRT Interchange Station which also operates the MRT North East Line. Some of the major arterial roads and expressway that are nearby include Thomson Road, Bukit Timah Road, Dunearn Road and the Central Expressway (CTE). For drivers, it will take them approximately 5 minutes’ drive to arrive at the Orchard Shopping District and approximately 15 minutes of driving to arrive at the Central Business District (CBD).
Pullman Residences- Amenities
A short walk from the development will be the Novena Shopping Cluster where a number of shopping malls are located such as Goldhill Plaza, United Square Shopping Mall, Velocity @ Novena Square and Square 2. There are supermarkets, food courts and numerous retail and F&B options available at these shopping malls. Pullman Residences is also short distances to food centres such as Newton Food Centre, Pek Kio Market and Food Centre, Tekka Market and Food Centre, Whampoa Makan Place and Market.
Pullman Residences- Education
Local schools that are within Pullman Residences vicinity include Saint Joseph’s Institution Junior, Anglo Chinese Primary School, Anglo Chinese Junior School, Farrer Park Primary School, Balestier Hill Primary School, Saint Margaret’s Primary School, Singapore Chinese Girls’ Primary School, CHIJ Primary School (Toa Payoh), Anglo Chinese Secondary School (Barker Road), Raffles Girls’ Secondary School, Singapore Chinese Girls’ Secondary School, Saint Joseph’s Institution, CHIJ Secondary School (Toa Payoh) and Catholic Junior College. Pullman Residences is also close to various tertiary institutions such as Lee Kong Chian School of Medicine (Novena Campus), EASB East Asia Institute of Management, Laselle College of the Arts and The University of Chicago Booth School of Business. The new Condos are also close to international schools such as Italian Supplementary School, Chinese International School, Chatsworth International School (Orchard Campus), Swedish Supplementary Education School, ISS International School (Elementary and Middle School Campus), Finnish Supplementary School, Norwegian Supplementary School and Global Indian International School (Balestier Campus).
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| Pullman Residences Condo Unit Mix Distribution | |||||||||||||||||||||||||||||||||||||||
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| Unit Type | Type | Area (Square Feet) | Total No. of Units | ||||||||||||||||||||||||||||||||||||
| 1 Bedroom | TBA | TBA | TBA | ||||||||||||||||||||||||||||||||||||
| 2 Bedroom | TBA | TBA | TBA | ||||||||||||||||||||||||||||||||||||
| 3 Bedroom | TBA | TBA | TBA | ||||||||||||||||||||||||||||||||||||
| 4 Bedroom | TBA | TBA | TBA | ||||||||||||||||||||||||||||||||||||
| 5 Bedroom | TBA | TBA | TBA | ||||||||||||||||||||||||||||||||||||
| Penthouse | TBA | TBA | TBA | ||||||||||||||||||||||||||||||||||||
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Pullman Residences Condo Facilities
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LOCATION and AMENITIES- PULLMAN RESIDENCES
FACILITIES and SITE PLAN E-BROCHURE- PULLMAN RESIDENCES
The Facilities and Site plan of Pullman Residences are currently seeking approval from relevant authorities.
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RESIDENTIAL FLOOR PLANS E-BROCHURE- PULLMAN RESIDENCES
- Make sure you check the measurement of each room which will give you the idea of the size of the room and how much of your furniture can fit into it. Always check which way the door will be swinging and the space that will be left empty after the door is opened or closed. Check if the windows embedded in the condo are as per your necessities. Sliding windows are demonstrated by thin empty line by the dividers, while casement windows, as a rule, come in sets.
- Do check whether room size matches your required area so that you do not have to face difficulty when fitting the furniture in the room. Make sure the total numbers of rooms mentioned in the floor plan are according to your family needs. Check the dimensions allotted to the kitchen. Make sure that every room has a separate entryway so that there is no hindrance to privacy.
- Check the measurements of the corridors as most people consider long passageways are generally viewed as a waste of space. Always check for natural lighting. This is a very important step for the ventilation and the aura of your home. Ensure you get enough morning and evening day light and the accessibility of sun shades. Ensure that there is appropriate cross ventilation in the house Condominiums usually do have room for the family maids. Make sure that there is one if you require it.
- Ensure that the cupboards are built-in in the condominium so that you do not have to spend extra money on installing new ones. Check which walls are structural and nonstructural for safe removal in the future. Structural walls are represented in the floor plan by thick bold lines while non-structural walls are indicated by thin lines. Check if storage room and pantry space fulfill your requirements. Also note that whether the washrooms are connected or common, according to your requirements.
AVAILABLE UNITS/ SOLD/ CHEAPEST PRICES PSF- PULLMAN RESIDENCES
View Site and Facilities Plans HERE
Like any other new launches, the prices of Pullman Residences will only be announced on the sales day. Indicating pricing will be announced earlier.
The Pullman Residences is a new condo where the former site of Dunearn Garden, was sold to EL Development, for $468 million, through collective sales The sale price of $468 million works out to a land cost of about $1,914 psf per plot ratio on the potential gross floor area.
Cost of Land
The biggest item which determines the new condo price on the launch date is the price at which the land was acquired for the development. This cost of land is spread out across the size of the development so that the cost per square foot (psf) is established.
Construction Costs
The cost of constructing the condos also influences the price at which those condos will be sold on the launch date. Construction companies have become so efficient that their construction costs for each square foot of a building don’t vary so much.
Developers want to make a good product that is of value to the consumers, and they need to generate healthy profits levels for their shareholders. With the most expensive items as land and construction costs, add on the administrative, sales and marketing expense, finance cost, profit margin we will arrive at the selling price.
Marketing expense for the project is around $200 psf. Construction costs including architecture design, is about $350 psf for a condominum.
- Administrative expenses: Staff costs, office rents etc..
- Sales and marketing expenses: Showflat building costs, advertising for the development, lawyer fees for conveyancing etc..
- Finance costs: interest expense paid to the finance institutions for financing the development.
Land Cost: $1,914 psf ppr
Construction Cost: $350psf
Marketing expense: $200psf
Profit margin: 20%
Estimated launch price: $2,958 psf
WHY BUY PULLMAN RESIDENCES NOW
After enduring four years of decline, the property developers finally have some good news. The URA reported an increase of 5.4 percent in the private residential property. This is now attracting property dealers from all over the world. As you all may know, Singapore is an island and land will always remain a scarce commodity that’s why the prices of these properties are bound to increase in the long term.
In Singapore residential market, the price gap between HDB versus the private residential market is widening. Base on DBS, it states that Bull Case would see Annual Private Home demand of 17,250 units.
Base on our analysis, our projection for new home demand will come from
1) Household formation
2) Upgrader demand and
3) Foreigner purchases for investment.
The current eb-bloc craze has seen developers investing close to S$34 Billion into Singapore property market (S$26 Billion in en-bloc transactions and S$8 Billion into Government Land Sales (GLS) programmes. With a total of 6,500 households displaced, the near term demand over the next two years could rise above the historical norm.
Projected base Population Growth of 6.5 million by 2030 is expected to have a positive impact on Private Home Property Market as demand is projected to remain above historical average of 12,000 units per year.
Register HERE for a presentation to understand why the property market is heading towards an unstoppable uptrend.
A rising household formation rate, driven by singles, and shifting profile of foreign labour towards higher-skilled workers will continue to drive housing demand
There were 22,076 new citizens in 2017, the second-highest number in the last 11 years. The permanent resident (PR) figures, meanwhile, remained stable over the past year, at 522,000. In 2017, 31,849 were granted PR status.
Since Pullman Residences new launch condo is currently under construction, it offers a great option for buyers who are still saving the money for the initial down payment. By facilitating buyers with a progressive payment schedule, installments can be made every few months. These small installments represent a much more accommodating and manageable mortgage. If you buy an investment property, you can easily find a tenant that will help you pay down the loan and mortgage. You will be buying the property at the best price if you get it directly from the developer.
After the purchase, you can resell the property at a higher price. This is great for young people who are looking to settle down in a good place. The great thing about Pullman Residences new launch condominium is that there is no asset depreciation. So, if you sell the condo just before its completion, you have a chance of acquiring a higher profit.
Buying a unit in Pullman Residences condo will prevent you from paying buyer’s commission because that will be paid by the developer. After each successful sale, the developer pays the agency which further pays the agents involved. The location of your condo will play a huge role in determining its value in the long run. You can also choose the unit you desire since Pullman Residences is newly launch, but you will have to act fast because condominiums sell out pretty fast.
This is ideal for buyers who are very choosy and particular about what kind of home they want. You will have the opportunity of securing units with better views which will eventually become very valuable on the open market. All you have to do is sign up and pre-register for the preview by contacting the developer’s marketing team members. To attract a lot of customers, property developers often offers many discounts and stamp duty reimbursements during the VIP and VVIP preview. All you have to do is choose your desired units, submit them with your cheque and leave the rest to the developer’s agent.
The developer’s marketing team will enlighten you regarding the all the particular details of Pullman Residences such as the pricing, floor plan, etc. during this preview. The value of these condominiums automatically increases the moment the developer removes the early bird discounts. These discounts will be saving you a lot of trouble of negotiating with the seller as well.
Anyone who has invested so much in property would want to be relieved from any further tensions and look forward to enjoying their latest purchase. You will receive Pullman Residences in brand new condition and can renovate it according to your taste and needs. Not that you’ll need any renovation because everything will be brand new and you will not have to deal with additional maintenance work.
But in case you face any issues in the condo, you won’t have to spend extra money to get it fixed because the developer offers you a one-year warranty on fixtures and fittings. The plus point about Pullman Residences is that you add your personal touch to it as everything will be according to your choice, and you will not have to deal with the previous owner’s choices. Pullman Residences also offer much better facilities than any other resale property.
Investing in a unit in Pullman Residences newly launched condo does mean that you will have to wait to enjoy the luxury, but one thing that will help you get through it is that the wait and money are going to be worth every second and penny.
SHOWFLAT LOCATION- PULLMAN RESIDENCES
If you wish to visit Pullman Residences Showflat viewing, all you need to do is to schedule an appointment with us before coming around so as not to waste your time and avoid making a fruitless journey because our showflat may not be opened to the public on particular days and time.
Get amazing benefits as well as Direct Developer Discount. For additional enquiry, please get in touch with us at our Sales Information Hotline +65 90070868 for further details on the details of Pullman Residences Condominium.
Get in touch with Pullman Residences Developer Sales Support Team.
It is important to deal with only with our authorized Developer Sales Support Team, you will get the best obtainable Direct Developer Discount. Get the latest information about Pullman Residences units today!
The Pullman Residenecs Showflat is located along ................
Tastefully designed to maximise the usability and efficiency of the size, the geographical location, proximity to eateries and top schools, seek to attract many potential home seekers and upgraders to make Pullman Residences their dream home.
Do register early to book Pullman Residences Showflat viewing appointment with us to have a feel of the luxurious and fine finishing by the developer after several detail plannings.
4 Simple things to take note before visiting Pullman Residences Showflat Gallery
1) We advise to check and know how much CPF you are able to use to purchase Pullman Residences Condo
2) Contact our Sales Team for our recommended trusted panel of bankers for your loan assessment
3) Are you affected by the TDSR? You will need to know the bracket which you are in
4) For the actual launch date, you will need to understand on how the balloting system works
Register Early to keep yourself update on the latest information pertaining to Pullman Residences. Alternatively, you may contact our Developer Sales Personnel for a non-obligated discussion.
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