STIRLING RESIDENCES

WHY BUY STIRLING 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.

LOCATION and AMENITIES- STIRLING RESIDENCES

Stirling Residences is located, walking distance to Queenstown MRT Station

Amenities Near Stirling Residences/ Commonwealth Avenue/ Queenstown

FACILITIES and SITE PLAN E-BROCHURE- STIRLING RESIDENCES

The site at Stirling Residences is bounded by Stirling Road on its North-West and and Angora Close on its South-East. Angora Close is part of Shepherd Hill Estate. This landed housing estate resents an oasis of calm to the South-East facing units of Stirling Residences and gives residents on this side, open views over the mid-rise offices and car-showrooms of Alexandra Road.

The large land area of Stirling Residences provides an ample ground for huge varieties of facilities and beautiful landscape weaving through it. All apartments are designed to maximise privacy and natural lightings and ventilation. 

RESIDENTIAL FLOOR PLANS E-BROCHURE- STIRLING RESIDENCES

Stirling Residences offers apartments ranging from 1 Bedroom to 4 Bedrooms and 6 penthouses. All units have efficient layouts that open up spaces, combined with features such as bath with 2-way access and many more. 

All bedrooms face the front for everone in the family to enjoy the breathtaking views of the dynamic city, tranquil sea and lush greenery.

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• 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- STIRLING RESIDENCES

Like any other new launches, the prices of Stirling Residences will only be announced on the sales day. Indicating pricing will be announced earlier. 

Stirling Residences is a new condo, land site sold to Logan Property Group

Government Land Sales land site has been sold to Logan Properyt Group, for $      million, as collective sale fever grows even hotter. The sale price of $       million works out to a land cost of about $xxx    psf per plot ratio on the potential gross floor area,

Developers are in the business of building houses for people, they want to make a good product that is of value to the consumers, and they need to generate healthy profits levels for their shareholders. If we look at a property parts the most expensive component will be the land, followed by the construction costs. This is similar to Cost of Goods Sold (COGS) in accounting terms. 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 mass market condominum.

• Administrative expenses: Staff costs, office rents etc..
• Sales and marketing expenses: Showflat building costs, commission for real estate agencies, advertising for the development, lawyer fees for conveyancing etc..
• Finance costs: interest expense paid to the finance institutions for financing the development.

30% of the base cost that cover the construction and other expences will be the profits. Add them all up and you will get the average launch price.

Land Cost: $

Construction Cost: 

Marketing expense:

Profit margin: 

Estimated launch price: 

QUEENSTOWN HERITAGE and DEVELOPMENTS

Queenstown Housing Estate

Stirling Residences- Housing- New choices in a fresh environment
Homes in Queenstown is highly populargiven their proximity to the city. Queenstown will see more diverse housing options for Singaporeans and opportunities for young couples to live close to their families.

• Margaret Drive will see new public housing, the development of new private housing nearby and the construction of a nursing home to serve the needs of elderly residents.
• Ghim Moh will see new high-density housing in future.
• New homes will soon rise near the fringes of Holland Village and will give home-seekers a chance to live close to the buzz of this lifestyle node.

• An expanded park connector network including links to the future Round Island Route, will make it easier for residents to walk or cycle to other parks and attractions.
• A new community park and Holland Village
• The Rail Corridor as a green route for walking and cycling 
• An innovative park at One-North that will have a car park tucked underneath it and that will double up as an outdoor event space next to MediaCorp's new campus.

Besides these treasure landmarks, Queenstown is home to Holland Village, one of the more popular lifestlye destinations in Singapore. While there are plans to rejuvenate an old housing precint, care will be taken to safeguard its distinctive character as an urban village with intimate streetscapes.

Besides new housing, there will be a new community park planned for this area and a new mixed-use development that will provide sufficient car-parking for visitors. The extended Holland Village will have a human-scale, pedestrian-oriented environment and public spaces. 

Stirling Residences- Economy- Nuturing a growth centre and creating jobs
The development of One-North is progressing steaily and will continue to create exciting job opportunities in this cutting edge live-work-play-learn environment. Upcoming developments include:

Lucasfilm's Sandcrawler, at Fusionpolis

The Metropolis, a new office building next to Buona Vista MRT Station

MediaCorp's new headquarters at Mediapolis

Campuses of ESSEC and Unilever's Four Acres Corporate University at Nepal Hill.

ONE NORTH: BIOPOLIS, FUSHIONPOLIS and MEDIAPOLIS

One-North

The vision for one-north is steadily becoming reality as world-class research facilities, business parks and commercial spaces continue to be developed here to provide quality business spaces and to support activities in biomedical sciences, physical sciences, engineering, infocomm technology and the media industry.

The development of Nepal Hill, planned as a leadership training and development hub, is also progressing well. Four Acres Singapore, the first global leadership development centre outside of London for the global conglomerate Unilever, opened this year.

Major industry names like Procter & Gamble, Lucasfilm, ESSEC Business School and MediaCorp have also committed substantial investments to develop their own facilities, which will contribute to the flourishing of the research and business communities at one-north when completed.

At Fusionopolis, construction has commenced for Phase 5 which will pioneer the “Work Office Home Office” (“WOHO”) concept offering flexible spaces for office, living and lifestyle functions. Infinite Studios, the first development within Mediapolis, was completed recently and houses Singapore’s largest soundstages.

HOLLAND VILLAGE SET FOR MORE BUZZ MIXED USE RELEASED

Site located on Holland Road and close to junction with North Buona Vista Road sold to Far-East for Mixed Development Please click Here

The proposed development has to be “compellingly attractive on its own and yet will complement the adjacent low-rise and street-oriented character of Holland Village. The development should reinforce the vibrancy of Holland Village and incorporate new high-quality public spaces for people to gather and interact”, the Urban Redevelopment Authority (URA) and the Housing and Development Board (HDB) said in a joint statement yesterday.

If successfully triggered for tender, the site, which is located along Holland Road close to the junction with North Buona Vista Road, will be the first land parcel to come under the Concept and Price Revenue tender system since 2010. A concept proposal will be evaluated before the bid prices are considered, a move that property analysts say will allow the Government to have better control over the development of Holland Village and preserve the area’s identity.

“It is no longer based on the highest bidder and this way, the Government will know what is coming up on this site and whether it is in line with what they have in mind. If all the concepts are not favourable, they don’t have to award the tender,” said Mr Chris Koh, director of Chris International.

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