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Cairnhill Mansions, along Cainrhill Road has been sold to Low Keng Huat through a collective sales, in the 1st quarter 2018, for S$326 million.
Cairnhill Mansions has a land area of about 43,103 sq ft. The price tag works out to $2,311 per square foot per plot ratio (psf ppr).
New Cindo at Cairnhill Road at site of Cairnhill Mansions- Connectivity
New and Upcoming condo at Cairnhill Road is approximately 400 m away from Newton Train Station which runs the North South Line. This train services allows future residents of new condo at Cairnhill Road, who work in the downtown financial district to arrive at their workplaces with just 5 stations away. The Orchard Train Station is also just 1 station away. For residents at New condo at Cairnhill Road who drive, it is just 6 minutes’ drive away. New and Upcoming Condo is also strategically located near the Pan Island Expressway (PIE) and also the Central Expressway (CTE) which makes traveling to and fro to different parts of the island a breeze.
New Condo at Cairnhill Road at stie of Cairnhill Mansions- Amenities
When getting their shopping, dining, leisure and entertainment needs, New Condo at Cairnhill Road future residents can either take a train down or choose to take a short stroll to Orchard Shopping Belt which they will be able to have a wider choice of selection. With the easily access to Singapore’s prime shopping district, living in The Peak @ Cairnhill II will bring many conveniences to its future residents. New and upcoming Condo at Cairnhill Road is also just within walking distances to the famous Newton Food Centre where its future residents can have a wide selection of local Chinese, Muslim and Indian food with the many food stalls resides at the food centre.
New Condo at Cairnhill Road at site of Cairnhill Mansions- Education
For those who are buying for investment, New Condo at Cairnhill Road has to be in the shortlist as it is near to many international schools and will be a favourite for expatriate families with school going children. International schools such as Chatsworth International School (Orchard Campus), Swedish Supplementary School, Finnish Supplementary School, Overseas Family School, International School Singapore, Italian Supplementary School, Korean Church Kindergarten, Insworld Institute and Chinese International School are within 2 km radius from New Condo at Cairnhill Road.
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Project | Cairnhill Mansions Condo |
Developer | Low Keng Huat |
Location | Cairnhill Road, Orchard Road |
District | 09 |
Tenure | Freehold |
Site Area | 43,103 square feet |
GFA: | |
Plot Ratio | |
Expected TOP: | |
Total Units | Approximately 200 residential apartments |
Total Carpark | |
Development | Private Condominium comprising of communal facilities |
Unit Type: | |
Architect | |
Eligibility | SC/ SC, SC/SPR and Foreigner can buy |
Category | Important Amenities Near New Condo at Cairnhill Road, Cairnhill Mansions | Approximate Distance |
Train Stations | Somerset (NS23) | 0.4km |
Bus Stop | Opp Meritus Mandarin (Bus: 36, 77, 124, 128, 143, 162, 162M, 167, 171, 174, 174E 190, 518, 518A, 587, 590, 598, 700, 700A, 971E, NR1, NR2, NR3, NR5, NR6, NR7, NR8) |
0.1km |
Supermarkets | Fairprice 313@Somerset Cold Storage (Ngee Ann City) Sheng Siong (The Verge) Giant (86 Redhill) |
0.3km 0.3km 1.7km 2.8km |
Shopping Malls | Knightsbridge The Heeren Mandarin Gallery Orchard Shopping Centre Paragon Cathay Cineleisure Midpoint Orchard Ngee Ann City *Scape |
0.1km 0.1km 0.2km 0.2km 0.2km 0.2km 0.3km 0.3km 0.3km |
Education Institutions | Preschool | |
Little Hands Montessori Kindergarten Little Raindrops Montessori Pre-School Kay Poh Road Baptist Kindergarten Newton Kindergarten Far Eastern Kindergarten Gracefields Kindergarten Thomson Road Baptist Kindergarten Christ Church Kindergarten JHS Montessori Kindergarten MFC Kindergarten (Newton) |
0.9km 0.9km 1.2km 1.2km 1.4km 1.5km 1.5km 1.5km 1.7km 1.7km |
|
Primary | ||
Anglo-Chinese School (Junior) River Valley Primary School Saint Margaret’s Primary School Anglo-Chinese School (Primary) Farrer Park Primary School Saint Joseph’s Institution Junior |
0.7km 1.0km 1.0km 1.7km 1.8km 1.8km |
|
Secondary | ||
Raffles Girls’ Secondary School Anglo-Chinese School (Barker Road) Outram Secondary School |
1.3km 1.8km 1.9km |
|
Junior College | ||
Catholic Junior College | 2.4km | |
Tertiary | ||
The University of Chicago Booth School of Business Nanyang Academy Of Fine Arts Singapore Management University |
0.9km 1.6km 1.6km |
|
International | ||
Chatsworth International School (Orchard Campus) Swedish Supplementary School Finnish Supplementary School Overseas Family School International School Singapore (Paterson Campus) Insworld Institute Italian Supplementary School Korean Church Kindergarten |
0.2km 0.4km 0.6km 0.7km 0.8km 1.7km 1.7km 1.9km |
|
Food Centre | Newton Food Centre Zion Riverside Food Centre Tekka Market Kukoh 21 Food Centre Havelock Road Food Centre Albert Centre Market and Food Centre Beo Crescent Block 38A Market and Food Centre |
1.0km 1.4km 1.5km 1.8km 1.9km 1.9km 2.0km |
Lifestyle | French Chamber of Commerce American Club Tanglin Club Istana Park The Legends Fort Canning Park HomeTeamNS @ UE Shopping Mall The Pines Club PA Staff Club |
0.7km 0.8km 0.9km 0.9km 1.2km 1.4km 1.4km 1.5km 1.8km |
The Facilities and Site plan of new condo launch at the former site of Cairnhill Mansions, along Cairnhill Road are currently seeking approval from relevant authorities.
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Two District 9 properties - Cairnhill Mansions and Riviera Point - were sold in collective sales yesterday for $362 million and $72 million, respectively.
The development in Cairnhill Road was sold to Singapore-listed property developer Low Keng Huat, while Riviera Point in Kim Yam Road went to Macly Group, a Singapore property developer.
Cairnhill Mansions, an 18-storey block comprising 61 apartments, sits on a land area of about 43,103 sq ft. The price tag works out to $2,311 per square foot per plot ratio (psf ppr).
Low Keng Huat said it intends to redevelop it into a high-rise residential condominium and expects the proposed redevelopment to yield about 200 residential units.
Cairnhill Mansions' key selling point is said to be its location. It enjoys privacy and tranquillity within the prime district and yet is just minutes away from Orchard Road. It is also near Newton MRT station.
This was Cairnhill Mansions' fifth attempt at a collective sale.
Riviera Point's site area stands at 14,579 sq ft.
CBRE, which brokered the sale, said the use of the land has been zoned as "residential" with a plot ratio of 2.8 and a height control of 36 storeys. But it added that the verified existing gross floor area is about 49,265 sq ft, which translates to a plot ratio of 3.379.
The sale price of the development works out to about $1,461 psf ppr.
Riviera Point is on a corner location in District 9 and enjoys dual road frontage spanning 35m along Kim Yam Road and 30m along River Valley Road. It is situated some 600m from the upcoming Great World MRT station.
CBRE said the high-floor units of the proposed development will have unblocked views towards Orchard Road and the Singapore skyline, while the lower-floor units will overlook the Oxley area.
This was Riviera Point's fourth collective sale bid.
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