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3  New Land Sites in Balmoral Road
Sold for upcoming
New Condo Developments

En-Bloc of Sloane Court Hotel
- 11, Balmoral Road and
- 11B Balmoral Road

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PROJECT DETAILS

 
 

Three land parcel sites along Balmoral Road, located at the Core Central Region of Singapore, were sold for New and Upcoming Condo developments under Collective Sales, in year 2017 and 2018. They are the former sites of Sloane Court Hotel, 11 Balmoral Road and Balmoral Gardens. Balmoral Road, located in Core Central Region of Singapore, is a stretch of road that will lead to Stevens Road on one end and Bukit Timah Road on the other end. It is a short drive to Singapore Orchard Road.

 

These three land sites include
- Sloane Court Hotel  New Launch-  Sloane Residences
- 11, Balmoral Road   New Launch -   The Hyde  and
-  Balmoral Gardens.

Sloane

Tiong Seng and Ocean Sky submitted the top bid of S$80.5 million for Sloane Court Hotel, this translates to a land rate of S$1,616 psf ppr

11 Balmoral Road

Wor Hup submitted the top bid of S$73.8 million for 11, Balmoral Road, this translates to a land rate of S$1713 psf ppr

Balmoral Gardens

Wor Hup submitted the top bid of S$83 million for Balmoral Gardens, this translates to a land rate of S$1812 psf ppr

 

New Condo at Balmoral Road- Connectivity
New and upcoming Condos at Balmoral are near to Newton MRT Station which operates the North South Line. Future residents of New Condo at Balmoral Road will find a conduit of convenience when the nearby Stevens Train Station which operates both the Downtown Line and Thomson East Coast Line comes into operation soon. For those commuting to the downtown business district, New Condo at Balmoral Road is just 5 train stations away. Three Balmoral is also conveniently linked to various major arterial roads and expressways. The nearby Central Expressway (CTE) allows drivers to access to and fro from various parts of the island easily. New Condo at Balmoral Road is just a mere 3 minutes’ drive to the main Orchard Shopping Belt. The Central Business District (CBD) is also just 6 minutes’ drive away from New Condo at Balmoral Road.

 

New Condo at Balmoral Road- Amenities
Future residents of New and Upcoming Condo at Balmoral Road will find conveniences and hassle free living. With a short distance away from Orchard Road, future residents will find many shopping, dining and leisure facilities easily within their reach. Some of the nearby malls, that are within walking distance, includes Orchard Towers, Delfi Orchard, DFS Galleria Scottswalk, Forum The Shopping Mall, Pacific Plaza, Far East Plaza, Shaw House, Tanglin Shopping Centre, Scotts Square and Far East Shopping Centre. New Condo at Balmoral Road is also close to Newton Food Centre where many famous and delicious local food stalls can be easily found.

 

New Condo at Balmoral Road- Education
On top of the conveniences, New Condo at Balmoral Road is also great for parents with school children and family living as it is near to some of Singapore’s finest education institutions. Schools that are nearby to Three Balmoral includes Anglo-Chinese Primary School, Singapore Chinese Girls’ School, Anglo-Chinese Junior School, Raffles Girls’ Secondary School, Singapore Chinese Girls’ School, Anglo-Chinese School (Barker Road), St Joseph’s Institution and Catholic Junior College.


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Heart of New Central
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Financial District
Wallich Residence with
181 Limited Collection
Super Penthouse at 21,108sqft

Other Developments in
Core Central Region
 
 
 
  
 
Project  New Condo at Balmoral Road, former site of Sloane Court Hotel
Developer  Tiong Seng Holdings and Ocean Sky International
Location  17, Balmoral Road
District  10
Tenure  Freehold
Site Area  3,617.9 square metres/ 38,943 square feet
GFA:
Plot Ratio  1.6
Expected TOP:
Total Units
Total Carpark
Development  Condo comprising of communal facilities
Unit Type:
Architect
Eligibility SC, SPR and Foreigner can buy
Project  New Condo at Balmoral Road, 11 Balmoral Road
Developer  Wop Hup
Location  11, Balmoral Road
District  10
Tenure  Freehold
Site Area  2,805 square metres/ 30,200 square feet
GFA:
Plot Ratio  1.6
Expected TOP:
Total Units
Total Carpark
Development  Condo comprising of communal facilities
Unit Type:
Architect
Eligibility

SC, SPR and Foreigner can buy

Project  New Condo at Balmoral Road, former site of Balmoral Gardens
Developer  Wop Hup
Location  11B, Balmoral Road
District  10
Tenure  Freehold
Site Area  3,414 square metres/ 36,752 square feet
GFA:
Plot Ratio  1.6
Expected TOP:
Total Units
Total Carpark
Development  Condo comprising of communal facilities
Unit Type:
Architect
Eligibility SC, SPR and Foreigner can buy

LOCATION and AMENITIES

Amenities Near New Condo at Balmoral Road (from point of Three Balmoral)

Category Important Amenities Near New Condo at Balmoral Road Approximate Distance
Train Stations Newton (NS21)
Stevens (DT10/TS11) Downtown Line Due 2015, Thomson Line Due 2021
0.9km
0.8km
Bus Stop Raffles Girls’ Sch (Bus: NR2, NR3 , 105, 132, 190)
The Pines (Bus: NR2, NR3 , 105, 132, 190)
0.1km
0.2km
Supermarkets Jasons The Gourmet Grocer
NTUC
Sheng Siong
Giant
0.7km
1.5km
3.0km
3.1km
Shopping Malls Orchard Towers
Delfi Orchard
DFS Galleria Scottswalk
Forum The Shopping Mall
Pacific Plaza
Far East Plaza
Shaw House
Tanglin Shopping Centre
Scotts Square
Far East Shopping Centre
0.7km
0.7km
0.8km
0.8km
0.8km
0.8km
0.9km
0.9km
0.9km
0.9km
Education Institutions Preschool
Gracefields Kindergarten
Far Eastern Kindergarten
Little Woods Montessori Pre-School
Wee Care Kindergarten
Newton Kindergarten
Little Raindrops Montessori Pre-School
Little Hands Montessori Kindergarten
Montessori For Children (Newton)
GUG The Kindergarten
Thomson Road Baptist Kindergarten
1.0km
1.0km
1.1km
1.2km
1.2km
1.3km
1.4km
1.4km
1.6km
1.7km
Primary
Anglo-Chinese Primary School
Singapore Chinese Girls’ School
Anglo-Chinese Junior School
0.8km
0.8km
1.4km
Secondary
Raffles Girls’ Secondary School
Singapore Chinese Girls’ School
Anglo-Chinese School (Barker Road)
St Joseph’s Institution
0.3km
0.8km
0.9km
1.0km
Junior College
Catholic Junior College 1.4km
Tertiary
National University of Singapore (Bukit Timah Campus) 1.5km
International
Chinese International School
ISS International School (Elementary)
Overseas Family School
Finnish Supplementary School
Chatsworth International School (Orchard Campus)
Italian Supplementary School
Swedish Supplementary School
0.8km
1.3km
1.4km
1.4km
1.6km
1.6km
1.7km
Food Centre Newton Food Centre 1.0km
Lifestyle The Pines Club
Tanglin Club
The American Club
Raffles Town Club
Singapore Botanic Gardens
Tanglin Golf Course
0.1km
0.5km
0.6km
1.1km
1.5km
1.6km

FACILITIES and SITE PLAN E-BROCHURE

RESIDENTIAL FLOOR PLANS E-BROCHURE

SLOANE COURT HOTEL SITE TO BE DEVELOPED INTO 12 STOREY LUXURIOUS CONDOMOINIUM

SINGAPORE - Singapore-listed Tiong Seng Holdings and Ocean Sky International have come together to buy Sloane Court Hotel and a small adjoining plot for S$80.5 million for redevelopment, the companies announced in pre-market exchange filings on Monday (Aug 28)

The price excludes development charges for intensifying usage of the land.

Tiong Seng chief operating officer Lim Geok Hwee told The Straits Times on Monday that the joint venture company plans to redevelop the site into a 12-storey, 80 unit condominium, with each unit averaging 700 square feet.

"To build up to the maximum allowable gross floor area, we will have to pay a development charge for intensifying use of the land," Mr Lim said.

This will be the second joint venture project Tiong Seng has entered into with Ocean Sky. The first acquisition they made together was for two freehold sites on Jervois Road for S$21 million, which they plan to develop into a 21 apartment project.

"We expect the residential outlook to be good in the next two years. The tenders and en bloc sales that have happened in the last year have been done at high prices, so that will likely translate to higher home selling prices next year," Mr Lim said.

Tiong Seng, through its wholly owned subsidiary Yuan Ching Development Pte Ltd, has a 60 per cent interest in the joint venture TSky Development, while Ocean Sky holds the remaining 40 per cent stake through its unit Arctic Sky Investment.

TSky Development entered into a deal last Friday to buy Sloane Court Hotel at Balmoral Road and lot 99899P of town sub division 26 for S$80.5 million.

The proposed acquisition is conditional upon the approval of the shareholders of the vendors of the sites.

Located in prime district 10, the hotel with the small adjoining plot has a combined site area of approximately 3,617.9 square metres (38,943 square feet) and is zoned "Residential" with a gross plot ratio of 1.6.

TSky Development will set up a project company to undertake the development of the sites.

11 BALMORAL ROAD SOLD S$73.8 MILLION THROUGH COLLECTIVE SALES

Property consultancy JLL has launched 11 Balmoral Road in prime District 10 for collective sale at $75 million.

The asking price translates to a land rate of about $1,761 psf per plot ratio, inclusive of the development charge which is estimated to be around $10 million.

This is the development’s first collective sale attempt with 100 percent owners’ consent. As such, Strata Titles Board approval for the sale is not required.

Built in the mid-1990s, the property comprises 17 units in two four-storey apartment blocks. 

The 30,200 sq ft site is zoned residential with a gross plot ratio of 1.6 under the 2014 Master Plan. It could be redeveloped into a high-end condominium of up to 12 storeys.

Subject to design and approval from the Urban Redevelopment Authority, a developer may potentially configure the allowable gross floor area of 48,320 sq ft up to a maximum of 64 apartments.

The site is a short walk from Newton MRT interchange, which connects to Orchard Road and the Botanic Gardens. Nearby schools include Singapore Chinese Girls’ School and Anglo-Chinese School (Primary).

“11 Balmoral Road is a compelling offering of a freehold site with manageable quantum. It is expected to attract a wide pool of developers due to its affordability and a very prime location,” said Tan Hong Boon, regional director at JLL.

AURUM LAND BUYS ALL UNITS IN BALMORAL GARDENS

AURUM Land, the boutique development arm of Woh Hup group, is understood to have done a bulk purchase of all eight units that make up Balmoral Gardens for nearly S$83 million.

The property is next to 11 Balmoral Road which Aurum acquired last year. Market watchers expect the group to amalgamate the two prime district 10 freehold sites; Aurum could potentially build a 12-storey condo with about 100 units averaging 1,000 sq ft on the combined site of about 67,000 sq ft.

The Business Times understands that the price Aurum paid for the Balmoral Gardens site reflects around S$1,812 per square foot per plot ratio (psf ppr) inclusive of estimated development charges payable to the state.

Currently on the 36,752 sq ft site is a four-storey development comprising eight apartments, ranging from 4,200 sq ft to 4,800 sq ft.

The owners of the eight apartments are understood to have sold their units individually to Aurum Land. The development is more than 30 years old.

Under the Urban Redevelopment Authority's Master Plan 2014, both the Balmoral Gardens and 11 Balmoral Road sites are zoned for residential use with a plot ratio (ratio of maximum gross floor area to land area) of 1.6.

Last November, Aurum quietly bagged the next-door 11 Balmoral Road through a collective sale for S$73.8 million, which worked out to S$1,750 psf ppr inclusive of DC. That development has a land area of 30,200 sq ft.

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