PROPERTY LAUNCHES & INVESTMENTS

PROJECT DETAILS/ AMENITIES

LOCATION

Mixed-development CityGate is located at 371 Beach Road (the former Keypoint Building) by the junction of Jalan Sultan and Beach Road. It is within the Central Region and is opposite to Nicholl Highway MRT and Marina Central Expressway MCE, thus offering Very Good connectivity and accessibility.

Amenities Near CityGate

GALLERY

FACILITIES AND SITE PLAN

RESIDENTIAL FLOOR PLANS

Citygate residential offers High rental yield potential, affordability and appreciation.

And Close Proximity to Centrla Business District CBD and Orchard  Central Shopping Belt.

Please call us for a showflat presentation to find out more.

Developers are providing:

• 1 set of furniture deck for 1 and 2 bedroom
• 2 sets of furniture deck for 2 bedroom dual-key and 3 bedroom dual-key

• 3.31 metres ceiling height
• 5 metres ceiling height for #23-06 and #23-07
• #30, Single level 1 br penthouse,  3 bedroom penthouse, 4 bedroom penthouse 

The Potential and value of Dual- Key apartments

COMMERCIAL FLOOR PLANS

Please Register or Call 90070868 for different lay-outs of commercial units spaces and

the traffic flow for Retail, Restaurants, Food and Beverage F&B outlets in CityGate at Beach Road

• Impressive 2.50 metres wide frontage with high visibility
• 3 metres clear ceiling height with glass facade allows commercial owners to showcase their visual merchadising and shop concept
• #02 commercial shops of CityGate and the Nicoll Highway MRT Station will be link by a direct overhead bridge, hence drawing more human traffic to the building

LOCATED IN HEART OF KEY GROWTH AREA

CityGate at Beach Road taps into City Central Region, Singapore URA Master Plan 2014

Singapore Urban Redevelopment Authority URA Master Plan 2014 envisions some exciting developments for the whole of Singapore's central area including Tanjong Pagar, The Greater Southern Waterfront District,  City Hall, Marina Bay, Suntec and Bugis-Rochor area. The new prime City Central area will be a place for the people to engage community and arts, showcase Singapore's creative and artistic expression and links to Singapore's past and future aspirations. There will be more pedestrian- friendly precincts, public spaces and parks, night lightings and trees.

City Centre at Marina Bay is a unique and dynamic waterfront district, Garden City by the Bay, extending seamlessly from the CBD and it is zoned to be

• the next CBD, focusing on financial and business related activities
• More Commercial, residential buildings, hotel and entertainment spots are to be built.
• It will be a lifesytle destination for variety of water-based activities and events.
• Exensive road and rail network in the pipeline and 
• Padestrain bridges that loops attractions and open spaces around the Bay.

Marina South will have

• a new population catchment as it will have a residential district of 9,000 new homes, with mix-development plan of hotels, offices and entertainment
• elevated landscape walkway that links the Bay South Garden to Marina South seafront
• 800 metres padestrain walkway beween the upcoming Marina South and Gardens by the Bay MRT Station
• underground carpark that allows motorists to drive between buildings that reduce ground level traffic
• feaures that can collect rain water and harness wind energy
• continuous waterfront promenade will be creaed from Marina South to Labrador for joggers and cyclists.

City Centre at Beach Road/ Ophir- Rochor will have abundant conveniences being in the heart of City.

• It will be further of the CBD with extension of convention, offices and hotel hub of Marina Centre
• There will be more developments of office cluster for financial business institutions.
• It will be turned into an exciting Commercial hub, blending with entertainment, cultural and lifestyle.
• It will be turned into a strategic transport hub, the area will be well connected by rail and road network to many parts of Singapore.

Kallang Riverside  is the addition to the Greater Marina Bay District and it comprises of 64 hectares of prime developable land. Kallang Riverside will have

• 4,000 new homes at Kampong Bugis incorporates with mix-use developments
• 3,000 new prime waterfront hotel rooms
• 300,000 square metres of office space developments
• 100,000 square metres cater for retail and entertainment facilities
• Pilot water management project- features designed to protect against flooding New Populaion catchment
• make easy accesible to CBD like Clarke Quay and Raffles Place via water taxi, therefore, reducing car usage, air pollution and congestion.

Kampong Bugis will therefore, be developed as a pilot area for a car-reduced residential- precinct and it incorporates with Scenic Outdoors of Kallang Riverside with

• Lookout decks and seating along Rochor Canal and bring people closer to water
• paelton canal park connector will be upgraded with lush greenery, new parks and walking routes
• beachside lagoons that provides water based recreational activities and
• beach route will be built and it will link to Garden by the Bay and Sports Hub, Kallang Wave.

BEACH ROAD TO BASK UNDER SWANKY NEW DEVELOPMENTS

The once sleepy Beach Road area is undergoing a dramatic makeover as property giants roll in with ambitious plans for a series of mixed developments.

Three new integrated projects are already on the go, with at least one more to come following the release of a new site in the Government Land Sales programme last week.

The commercial and residential plot, which came from the reserve list, can accommodate a 45-storey complex of 947,223 sq ft.

The 2ha plot will go to tender only if a developer first submits a bid price acceptable to the Urban Redevelopment Authority (URA).

It is estimated to cost from $1.1 billion to $1.4 billion - or $1,300 to $1,400 per sq ft (psf) per plot ratio.

The historic site between Beach and Rochor roads - it was the home of Beach Road Police Station - will bring more office space to an area that has long had a shortage of such space, said experts.

The developer that clinches the site must conserve and restore the former police station building and set aside at least 70 per cent of the new complex for offices.

The development can have a residential portion as well.

"The development of the new site, if it happens, will help complete the development along that strip, offering a more contiguous streetscape," said Dr Chua Yang Liang, head of South-east Asia research at JLL.

Meanwhile, developers are forging ahead with plans for other mixed-use projects.

South Beach, Singapore's largest mixed development, will be fully completed by the end of next year, said City Developments this week.

It will feature a luxury hotel and 190 residential units, ranging from 950 sq ft two-bedders to 6,500 sq ft five-bedroom penthouses.

Tenants like Rabobank have already committed to lease 30,000 sq ft of office space.

South Bank plus the DUO by developer M&S and World Class Land's City Gate, both launched in the past year, will add at least 1.25 million sq ft of commercial space to Beach Road.

"The rejuvenation of this area into a vibrant commercial hub is very important, because of its central location," said Mr Ong Kah Seng, director of R'ST Research.

"It would be an opportunity cost to the Government and stakeholders in the area to allow the area to remain at status quo and underdeveloped."

Mr Ong expects the new developments to lift property prices by about 2 per cent.

However, investors will find it hard to get their hands on commercial units.

The few available tend to be in older properties such as Golden Mile Tower and The Plaza, as developers are keen to keep hold of any new space they build.

So far, only City Gate has new strata-titled commercial units. It has sold 62 of its 188 new shop units for an average of $4,202 psf since July, according to caveats lodged with the URA.

But there is certainly money to be made by investors.

A 431 sq ft office at The Plaza, a strata-titled project at the corner of Beach and Ophir roads, changed hands at $1,881 psf in April for a profit of $76,112 in over just 15 months.

Over at Golden Mile Complex, a 441 sq ft commercial unit sold at $1,869 psf last month, for a profit of $273,550. It was bought in July 2007.

Monthly rents at these older developments are estimated at $5.50 psf, while "Grade A" offices in the area could fetch $7.50 psf.

However, commercial rents at upcoming projects could be up to 20 per cent higher once they are completed in the next two to three years, said Mr Ong.

CONTACT US

Propnex Realty Pte Ltd L3008022J/ CEA Reg No: R015566J