SLOANE RESIDENCES
Sloane Residences is an upscale development that resides in the prime central region of Singapore. It is located along Balmoral Road, at the former site of Sloane Court Hotel,. Balmoral Road is regarded as one of Singapore's upscale residential estate, a upmarket residential neighbourhood compirses mainly of high-end residences and highly reputable schools and instituitions. Balmoral Road is located at the outskirt of Orchard and is a short distance drive to Central Business District (CBD). It is bounded by Belmond Green, Ventuno Balmoral and Palm Spring Condominium. The location of Sloane Residences at Balmoral Road is surrounded by private condominiums, mostly are low to mid-rise developments, making stay in Sloane Reisdences a quiet and tranquil residential enclave to stay in.
This freehold development has an estimated plot size of 38,943 square feet. Sloane Residences will host 12 storeys high with 80 apartments. Unit distribution ranges from 2 bedroom to large 5 bedrooms, with exceptional features. The units will have very roomy layouts which will create a perfect ambience many years for the residents. Single professionals and families will like this development as has classy interiors which wil be blend well with good features and present a smart-vibre living. The living room shall receive strong walls and high ceilings. As for the bedrooms, extra attention shall become placed on natural illumination, bathrooms, closets, drawers, and their entire ambiance. Each room exhibit a relaxing atmosphere and privacy to ensure that its occupants have the most-deserved dwelling place for themselves.
View Available Floor Plans HERE
Pricing for Sloane Residences
**28th August 2017- Sloane Court Hotel along Balmoral Road was sold for S$80.5 million, with addition of Development charges, this translates to a land rate of S$1616 per square feet per plot ratio
View Unit Prices and Available Units HERE
Sloane Residences- Connectivity
Sloane Residences is about 900 m from Newton (NS21) North South Line Train which is 1 stop away from Orchard Prime Shopping District and 4 stops away Raffles Place. Sloane Residences is also just 3 train stations away from Dhoby Ghaut MRT Interchange where its future residents can make use of the Circle Line Service and North East Line Service available there. The Stevens Downtown Line Station which is 700 m, allows easier commuting for Sloane Residences’ future residents to various parts of the island. For drivers, Orchard is just 4 minutes’ drive away while it takes 7 minutes to get to Shenton Way from Sloane Residences. Sloane Residences is also easily connected to the Central Expressway (CTE) and the Pan Island Expressway (PIE).
Sloane Residences- Education
Sloane Residences is close to reputable schools such as Anglo-Chinese Primary School, Singapore Chinese Girls’ School, St. Joseph’s Institution, Anglo-Chinese Junior School and Raffles Girls’ Secondary School and Anglo-Chinese School (Barker Road). There are also 8 international schools that are within 2 km from Sloane Residences, namely Chinese International School, Korean Church Kindergarten, Italian Supplementary School, ISS International School (Elementary), Chatsworth International School (Orchard Campus), Overseas Family School, Finnish Supplementary School and Swedish Supplementary School. With these international education facilities nearby, Sloane Residences will be appealing to expat families living in Singapore.
Sloane Residences- Amenities
For retail and dining options, there are numerous shops and F&B outlets that are located at Orchard that are just minutes away. Sloane Residences can also indulge in local delights at the famous Newton Food Centre or Adam Road Food Centre that is just within a short drive. These 2 food centres host a number of cooked food stalls which offers Sloane Residences’ future residents a wide variety to choose from.
Sloane Residences is surrounded by prestigious clubs such as The Pines Club, Tanglin Club, Raffles Town Club, The American Club and Singapore Polo Club. Its future residents can also relax by taking a short stroll or having a jog at the Singapore Botanic Gardens which is less than 1.5 km away. For those who like golf, the Tanglin Golf Course is just a short drive away.
Sloane Residences- Developer- Tiong Seng
Tiong Seng was founded in 1959 from a partnership between Mr Pek Ah Tuan from Peck Tiong Choon, and Mr Lee Tuan Chay from Song Hup Seng. Prior to the establishment, both Pek Ah Tuan and Lee Tuan Chay already had established close business ties with one another.
In the early years, Tiong Seng was involved in earthworks and excavation work. Projects undertaken by the company in its early days included those from the public sector, which were instrumental in developing modern Singapore today.
In the 1970s, the company expanded into civil engineering. Tiong Seng contributed to Singapore’s infrastructural development, building roads and bridges, and laying sewage pipes. The company was involved in the building of the Pan Island Expressway and Central Expressway, Singapore’s first highways. In the 1980s, Tiong Seng grew to take on larger projects It built Gate 2, the largest and most advanced of the four new gates commissioned by the then Port of Singapore Authority, for its Tanjong Pagar Terminal. It was also in the 1980s that the company undertook government building projects such as schools and HDB flats, morphing from a sub-contractor into a provider of design and turnkey construction.
In 1997, the company ventured into private residential property with its first project Guilin View, a condominium in Bukit Batok by City Developments Limited. Tiong Seng has been involved in an extensive list of residential and commercial projects, which have helped shape Singapore’s distinctive skyline. Some of these iconic projects include the Marina Bay Financial Centre, Resorts World Sentosa, One Marina Boulevard and Parkroyal on Pickering hotel.
Tiong Seng has successfully developed properties in Tianjin, Suzhou and Yangzhou.
Sloane Residences- Developer- Ocean Sky
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First Hand Information
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First Hand Information
| Project | Sloane Residences |
| Developer | TSky Development (Joint Venture between Tiong Seng and Ocean Sky International) |
| Location | 17, Balmoral Road |
| District | 10 |
| Tenure | Freehold |
| Site Area | 3,617 square metres/ 38,943 square feet |
| GFA: | |
| Plot Ratio | 1.6 |
| Expected TOP Date: | |
| Total Units | |
| Total Carpark | |
| Development | Condo comprising of communal facilities and 80 residential apartments |
| Unit Type: | |
| Architect | |
| Eligibility | SC, SPR and Foreigner can buy |
| Sloane Residences Unit Mix Distribution | |||
|---|---|---|---|
| Unit Type | Type | Area (Square Feet) | Total No. of Units |
| TBA | NIL | ||
| TBA | TBA | ||
| TBA | TBA | ||
| TBA | TBA | ||
| TBA | NIL | ||
| TBA |
TBA |
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| Sloane Residences Facilities | |||
| Sloane Residences Price List | |||
|---|---|---|---|
| Unit Type | Area (Square Feet) | Pricing | PSF |
| 1 Bedroom | TBA | TBA | TBA |
| 2 Bedroom | TBA | TBA | TBA |
| 3 Bedroom | TBA | TBA | TBA |
| 4 Bedroom | TBA | TBA | TBA |
| 5 Bedroom | TBA | TBA | TBA |
| Penthouse | TBA | TBA |
TBA |
LOCATION and AMENITIES- SLOANE RESIDENCES
Sloane Residences is located in the upscale estate of Balmoral. It is surrounded by private residential developments such as Belmond Green, The Oliv, Hallmark Residences, Ventuno Balmoral, Goodwood Grand and Palm Spring along Ewe Boon Road.
Residents can reach Newton MRT Station, via Bukit Timah Road.
FACILITIES and SITE PLAN-BROCHURE SLOANE RESIDENCES
The Facilities and Site plan of new condo launch Sloane Residences, along Balmoral Road are currently seeking approval from relevant authorities.
If you would like to be updated on first hand information for Sloane Residences, former site of Sloane Hotel
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The Sloane Residences will be constructed into a 12 storey high development, in the matures estate of Balmoral.
The site of Sloane Residences is tilted towards North-West and South-East direction.
On its North-East sides faces, 19 Balmoral and Ventuno Balmoral, with their pools facing the rear of Sloane Residences.
On the South-West faces the landscape and large pool of Belmond Green.
RESIDENTIAL FLOOR PLANS BROCHURE- SLOANE RESIDENCES
- 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 BALANCE UNITS/ SOLD/ CHEAPEST PRICES PSF STARBUY- SLOANE RESIDENCES
View Site and Facilities Plans HERE
Like any other new launches, the prices of Sloane Residences will only be announced on the sales day. Indicating pricing will be announced earlier.
Sloane Residences is a new condo, sitting on the site of formr site of Sloane Court Hotel, where the site was sold to Tiong Seng, for $80.5 million, through collective sale. The sale price of $80.5, plus the development charges paid to the Government, works out to a land cost of about $1616 psf per plot ratio on the potential gross floor area.
Cost of Land
The biggest item which determines the new condo price on the launch date is the price at which the land was acquired for the development. This cost of land is spread out across the size of the development so that the cost per square foot (psf) is established. This means that a piece of land with fewer condos may have a higher land psf than another similarly sized piece of land with more condos built on it.
Construction Costs
The cost of constructing the condos also influences the price at which those condos will be sold on the launch date. Construction companies have become so efficient that their construction costs for each square foot of a building don’t vary so much.
Developers want to make a good product that is of value to the consumers, and they need to generate healthy profits levels for their shareholders. With the most expensive items as land and construction costs, 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 $400 psf for a 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.
Land Cost: $1616 psf ppr
Construction Cost: S$400 psf
Marketing expense: S$200 psf
Profit margin: 20%
Estimated launch price: S$2659 psf
WHY BUY SLOANE 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.
In Singapore residential market, the price gap between HDB versus the private residential market is widening. Base on DBS, it states that Bull Case would see Annual Private Home demand of 17,250 units.
Base on our analysis, our projection for new home demand will come from
1) Household formation
2) Upgrader demand and
3) Foreigner purchases for investment.
The current eb-bloc craze has seen developers investing close to S$34 Billion into Singapore property market (S$26 Billion in en-bloc transactions and S$8 Billion into Government Land Sales (GLS) programmes. With a total of 6,500 households displaced, the near term demand over the next two years could rise above the historical norm.
Projected base Population Growth of 6.5 million by 2030 is expected to have a positive impact on Private Home Property Market as demand is projected to remain above historical average of 12,000 units per year.
Register HERE for a presentation to understand why the property market is heading towards an unstoppable uptrend.
Since Sloane Residences new launch condo is currently under construction, it offers a great option for buyers who are still saving the money for the initial down payment. By facilitating buyers with a progressive payment schedule, installments can be made every few months. These small installments represent a much more accommodating and manageable mortgage. If you buy an investment property, you can easily find a tenant that will help you pay down the loan and mortgage. You will be buying the property at the best price if you get it directly from the developer.
After the purchase, you can resell the property at a higher price. This is great for young people who are looking to settle down in a good place. The great thing about Sloane Residences new launch condominium is that there is no asset depreciation. So, if you sell the condo just before its completion, you have a chance of acquiring a higher profit.
Buying a Sloane Residences condo will prevent you from paying buyer’s commission because that will be paid by the developer. After each successful sale, the developer pays the agency which further pays the agents involved. The location of your condo will play a huge role in determining its value in the long run. You can also choose the unit you desire since Sloane Residences is newly launch, but you will have to act fast because condominiums sell out pretty fast.
This is ideal for buyers who are very choosy and particular about what kind of home they want. You will have the opportunity of securing units with better views which will eventually become very valuable on the open market. All you have to do is sign up and pre-register for the preview by contacting the developer’s marketing team members. To attract a lot of customers, property developers often offers many discounts and stamp duty reimbursements during the VIP and VVIP preview. All you have to do is choose your desired units, submit them with your cheque and leave the rest to the developer’s agent.
The developer’s marketing team will enlighten you regarding the all the particular details of Sloane Residences such as the pricing, floor plan, etc. during this preview. The value of these condominiums automatically increases the moment the developer removes the early bird discounts. These discounts will be saving you a lot of trouble of negotiating with the seller as well.
Anyone who has invested so much in property would want to be relieved from any further tensions and look forward to enjoying their latest purchase. You will receive Sloane Residences in brand new condition and can renovate it according to your taste and needs. Not that you’ll need any renovation because everything will be brand new and you will not have to deal with additional maintenance work.
But in case you face any issues in the condo, you won’t have to spend extra money to get it fixed because the developer offers you a one-year warranty on fixtures and fittings. The plus point about Sloane Residences is that you add your personal touch to it as everything will be according to your choice, and you will not have to deal with the previous owner’s choices. Sloane Residences also offer much better facilities than any other resale property.
Investing in a Sloane Residences newly launched condo does mean that you will have to wait to enjoy the luxury, but one thing that will help you get through it is that the wait and money are going to be worth every second and penny.
SHOWFLAT LOCATION- SLOANE RESIDENCES
If you wish to visit Sloane Residences Showflat viewing, all you need to do is to schedule an appointment with us before coming around so as not to waste your time and avoid making a fruitless journey because our showflat may not be opened to the public on particular days and time.
Get amazing benefits as well as Direct Developer Discount. For additional enquiry, please get in touch with us at our Sales Information Hotline +65 90070868 for further details on the details of Sloane Residences Condominium.
Get in touch with Sloane Residences Developer Sales Support Team.
It is important to deal with only with our authorized Developer Sales Support Team, you will get the best obtainable Direct Developer Discount. Get the latest information about Sloane Residences units today!
Sloane Residenecs Showflat is located along ................
Tastefully designed to maximise the usability and efficiency of the size, the geographical location, proximity to eateries and top schools, seek to attract many potential home seekers and upgraders to make Sloane Residences their dream home.
Do register early to book your Sloane Residences Showflat viewing appointment with us to have a feel of the luxurious and fine finishing by the developer after several detail plannings.
4 Simple things to take note before visiting Sloane Residences Showflat Gallery
1) We advise to check and know how much CPF you are able to use to purchase Sloane Residences Condo
2) Contact our Sales Team for our recommended trusted panel of bankers for your loan assessment
3) Are you affected by the TDSR? You will need to know the bracket which you are in
4) For the actual launch date, you will need to understand on how the balloting system works
Register Early to keep yourself update on the latest information pertaining to Sloane Residences. Alternatively, you may contact our Developer Sales Personnel for a non-obligated discussion.
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