PROJECT DETAILS/ AMENITIES

LOCATION and AMENITIES

This land parcel in Beach Road includes an underground space of 12,648 sqft for padestrain link to Duo Residences and to State Land at Tan Quee Lan Street

Amenities Near New Mixed Development at Beach Road

FACILITIES and SITE PLAN

The Facilities and Site Plan of New Launch in Beach Road are currently seeking approval from relevant authorities.

If you would like to be updated on first hand information for this upcoming Mixed Development in Beach Road.
Please Register with Us
for More information!

RESIDENTIAL FLOOR PLANS

Please Register with Us 

for your E-Brochure, Floor Plans and Pricing Here when available!!

BEACH ROAD BUGIS ROCHOR DEVELOPMENTS

The plans to further grow the Central Business District (CBD) is underway with the launch for tender of a prime 2.7 ha white site in the Beach Road/Ophir-Rochor Corridor on 30 June 2008 by the URA.

In URA’s draft Master Plan 2008 for the Central Region, Ophir-Rochor is envisioned as a new growth area and a natural extension from the Marina Centre. The area will feature exciting 24/7 integrated mixed-use developments with offices, hotels, residential and other complementary facilities set within an attractive garden-like environment. The area is expected to be developed over the next 10 to 15 years.

As part of the larger Beach Road/Ophir-Rochor Corridor, the new developments in this area are expected to inject greater vibrancy and activities into this part of the city and form a new office cluster for financial and business institutions that will complement the existing financial district at Raffles Place and Marina Bay.

Flanked by the charming historical districts of Kampong Glam and Beach Road as well as being in close proximity to the bustling arts, cultural, entertainment and educational hub at Bras Basah.Bugis, this new growth area has the potential to be an exciting commercial hub offering a diverse range of entertainment, cultural and lifestyle attractions. It will offer a unique setting for one to work and live in, and also to enjoy all the conveniences of being in the heart of the city.

Well connected by rail and road networks

This future development will have direct basement level connections to the new Bugis Interchange MRT station, immediate access to the existing East-West Rapid Transit System (RTS) line and to the recently announced Downtown RTS line scheduled to run in 2013. This means convenient rail connection to the financial and business hub at Raffles Place and Marina Bay, and to the shopping, dining and entertainment destinations at Orchard Road and Singapore River. There is also direct access to Singapore Changi Airport via the East Coast Parkway.

An exciting new development area building upon the existing office, hotel and convention hub at Marina Centre

Flanked by the bustling arts, culture, learning and entertainment precinct at Bras Basah.Bugis and the historic district of Kampong Glam and Beach Road Conservation area, there will be a myriad of opportunities for relaxation, culture and recreation.

The existing vibrant, street-level experience within the area will be extended through a series of active courtyards, linkways and plazas, lined by pedestrian-oriented activities and uses.

Lushly landscaped spaces combined with the existing mature roadside trees will create a unique, park-like ‘campus’ setting. The greenery will extend upwards through the buildings into roof gardens, sky terraces and balconies.

Attractive and pedestrian-friendly environment

The vision is for a quality development set within a distinctive lush tropical garden-setting. The development will draw inspiration from the street-based character of the adjacent Kampong Glam Historic District and the Beach Road Conservation. It will also feature a pedestrian-friendly environment with attractive public spaces such as plazas and courtyards.

Defining landmark within the city centre

Given its strategic location, the development is envisaged to be of high quality design, marking this northern gateway into the city. Buildings can tower up to 40 storeys high and the public can look forward to an observation deck within the development providing unobstructed panoramic views across the city to Marina Bay and the future Sports Hub at Kallang.

BENEFITS OF LIVING IN MIXED DEVELOPMENTS IN SINGAPORE

Live, Work and Play – the philosophy that everyone in the world tries to attain. The ability to concentrate at work, the convenience of going home, and the availability of various recreational activities all within easy access. Who wouldn’t want this kind of lifestyle? In a busy country like Singapore, where the economy and global population has always been on the upside, it is not impossible to experience this ambitious way of living. With the rise of mixed development properties, the “live, work, play” philosophy is now made imaginable.

In a land-scarce country, addressing the concerns of creating residential properties while mixing urban livability has always been a major problem. Being able to offer homes and amenities all at the same time is not easy, but possible. With mixed development properties, residents can enjoy the convenience of having commercial spaces right where they live. From supermarket, grocery store, restaurants, pubs, retail shops, beauty salons, clothing stores and cinemas – you literally have a mall just below your unit.

Mixed-used development is a type of urban housing that combines residential and commercial spaces in one. Other services can likewise be integrated into the development such as industrial, cultural and institutional trades. Mixed developments can be a single building, city block or complex of buildings that forms a community.

Residential units plus shopping mall is the most common type of mixed development in Singapore. Usually, the shopping mall is located on the first few floors while above are the residential units. There are also mixed developments with integrated hotel rooms inside the building.

5 Benefits of Mixed Developments Singapore

Utmost convenience and accessibility are not the only advantages of mixed developments. It’s more than just a residential unit and shopping mall combined as one. While most people see mixed developments as something risky for their private life, there’s more to these properties than privacy issues. Check out their advantages below.

1. Unparalleled Convenience

Convenience at its finest is the ultimate advantage of mixed development properties. With everything you need right within reach, you don’t have to travel far from home just to fetch daily necessities. From doing your grocery to obtaining basic supplies, you can even buy a brand new shoes or shirt just by going down on your unit. Bringing retail therapy close to home has many advantages such as:

• You don’t have to strain your arms travelling with huge grocery bags on your hand.
• Restaurants and food shops within the building provides an easy access to sumptuous meals.
• Driving away from home just to visit shopping malls is virtually not needed.
• You don’t have to rush from home just to catch your favorite movie.
• You can even find a work right inside the building saving you tons of precious time and money.
• With different recreational activities within reach, it’s impossible to have a dull moment.

2. Saving Costs

There are many advantages of mixed developments, to one of which is that your expenditures will be greatly minimized. The cost of fuel is on all-time high, and by reducing the need to travel, it allows you to save a huge amount of sum. Also, you don’t have to pay parking fees and take public transport just to buy a bag of chips or frozen meats. Right within your development grounds are various stores to cater all your needs. Less travel definitely means less spending.

3. Higher Chances of Passive Income

They say that properties close to MRT stations always fetch higher rental income, but this isn’t always the case. The added benefit of having a mall just below your unit can likewise fetch high rental income. Mixed developments are attractive to tenants because of the convenience and accessibility it brings. Tenants are willing to shell out more provided that they have everything they need in just one roof. Additionally, since there are office spaces and employees within the development, it equates to unlimited supply of possible tenants.

4. Increasing Location Value

There is a common notion that mixed-used developments are only for affluent people. Why? Because most of them are priced so high that a low income Singaporean won’t be able to afford. While this might be true in some forms, it plays a huge role on increasing the intrinsic value of the district or location. With affluent people flocking the area, it significantly intensifies the reputation of the district. Attracting more wealthy spenders, it makes the area a highly “desirable” location.

5. Flexible Investment

Last but definitely not the least benefits of mixed developments Singapore is its flexibility to hold your investmentdepending on your desires. If you decide to let go of your unit, listing it on the open market is a great option. Keep in mind that a well-designed mixed-used development sitting on a great location can draw hundreds of potential buyers. Furthermore, you could sell your unit to foreigners since most of them are attracted on convenient city living. On the other hand, if you don’t want to let go of your property, there’s always a possibility of renting it out to gain valuable income.

Caveat Emptor

Behind the many benefits of mixed developments Singapore are disadvantages that buyers should be aware of. Not everything about mixed developments are wonderfully great, there are drawbacks that you need to consider such as:

• Overcrowding and high-density living
• Industrial noise from shops, pubs and restaurants
• Privacy issues with people loitering around your home
• More expensive than regular condominiums
• Possibility of parking shortage as shoppers get prioritized

Final thoughts…

We can’t deny the fact that Singapore is indeed an overcrowded country. And as the economy grows, with people coming in from all parts of the world, expect to see more mixed-used properties being developed from time to time. Before handling over that cash, consider the many benefits of mixed developments Singapore but don’t forget to ponder on its drawbacks.

The addition of having utmost convenience and accessibility to everything are the driving factors of mixed-used properties. These reasons and more makes them uniquely wonderful and practically stellar.

WINGTAI WON TOP BID FOR MIXED DEVELOPMENT SITE AT MIDDLE ROAD

The Urban Redevelopment Authority (URA) closed tender for the site at Middle Road. The winning bid went to Wingcharm Investment, a unit of Wing Tai Holdings, for $491.99m.

A final decision on the award will be publicised at a later date after the bids have been evaluated.

Tricia Song, head of research for Singapore, Colliers International, commented that the Middle Road site (zoned residential with 1st storey commercial) garnered positive response with 10 bidders – the highest number of contenders for a residential GLS site since Mattar Road site in May 2018.

“Although the site was hotly contested, the bid prices were fairly conservative in our view, with the bulk of the bids bunched below $1,300 psf ppr,” Song said.

“The site fell within the Central Area, and hence will not be subject to minimum unit size. It can build 375 residential units and up to 1,500 sqm of commercial space on the first floor. There are two zones: the low-rise zone which can go up to six storeys, and a high-rise zone which can go up to 20 storeys. We expect a potential selling price of $2,200-2,300 psf,” Song added.

Source: Singapore Business Review

WON TOP BID FOR MIXED DEVELOPMENT AT TAN QUEE LAN STREET

 Mixed Development Tan Quee Lan Street

GUOCOLAND WON TOP BID FOR GLS MIXED DEVELOPMENT IN BEACH ROAD AT OLD POLICE QUARTERS

SINGAPORE — Property giant GuocoLand snagged a plum commercial site on Beach Road for S$1.62 billion, after its subsidiaries won the tender from the Urban Redevelopment Authority as top bidder on Tuesday (Oct 3).

The 99-year leasehold plot of land was put up for tender on July 6 from the Reserve List of the Government Land Sales programme.

It has a maximum permissible gross floor area of 950,592sqf. Under the tender requirements, a minimum of 665,424sqf must be developed for office usage, while the balance area can be developed for hotel, serviced apartments, residential or retail uses, subject to a maximum of 32,292sqf for retail.

The site includes a building which is the former Beach Road Police Station, and is meant to be conserved and restored, as stated in the requirements when the bid was put out.

GuocoLand subsidiaries GLL Prosper and GLL Thrive will be developing the awarded plot.

Responding to the bid outcome, the property giant said in a statement that it intends to bring “a distinctive, trailblazing development” to Beach Road that would help transform the Bugis district.

Mr Raymond Choong, group president and chief executive officer of GuocoLand Limited, said that the group has “ambitious plans” to create an innovative development which would set a “new standard” in the location.

“Drawing on our experience at Tanjong Pagar Centre and cognisant of the changing needs resulting from new technologies, new businesses and new lifestyles, a new destination will emerge on Beach Road, which combines the best of architectural design, efficiency, environmental sustainability and culture to serve the changing ‘work-live-play’ trends,” he said.

Mr Cheng Hsing Yao, group managing director of GuocoLand Singapore, said that there are plans to introduce a futuristic project in line with this goal, but did not elaborate. “The large site gives us a lot of space to create amenities and we will take full advantage of the spectacular views towards Marina Bay and Kallang Basin,” he said.

Asked to comment on the results, Mr Eugene Lim, key executive officer of ERA Realty Network, said: “The winning bid was higher than the S$1.138 billion trigger price, so it was within expectations that the tender would be awarded.”

Ms Christine Li, director of research at real-estate services firm Cushman & Wakefield, said that even though the bid price is bullish, the key is to maximise the overall efficiency of the project.

The site is likely to have a mix of residential, office and retail spaces, she added. “This is because the residential segment has staged a rebound and it will be good for GuocoLand to include residential (space) within such a prime mixed-use development that is hard to come by.

“My guess is that the residential component would be priced at around S$2,200-2,400 psf when it’s launched for sale in the next 12 to 18 months. The residential segment will appeal to those who enjoys urban living and would like to have convenience right at their doorsteps.”

Source: Today On Line september 2017

CONTACT US

You are only one-step away from owning a unit New Mixed Development in Beach Road, Bugis and Rochor

Thank you for Your interest in New Mixed Development in Beach Road, Bugis and Rochor

Be among the first to view and book New Mixed Development, a new life-style, at the lowest pre-launch price

Enjoy attractive prices before the official public launch. Be the first to secure your choice unit

• Latest updates on the development
• Priority unit choice and selection
• Enjoy early-bird VVIP Discounts
• Direct Developer price
• No Commission payable

Register for a copy of New Mixed Development in Beach Road, Bugis and Rochor Floor plans, E-Brochure, Pricing and Latest Updates!