Brought to you by
UIC Investments
Choices of Studio to 3 Bedrooms
Penthses and Penthse with Sky Terrace
Call Developer's Appointed Sales Team
or call Suzanne Ng +65 90070868
View Showflat and Latest Super Buys!!
Brought to you by
UIC Investments
Choices of Studio to 3 Bedrooms
Penthses and Penthse with Sky Terrace
Call Developer's Appointed Sales Team
or call Suzanne Ng +65 90070868
View Showflat and Latest Super Buys!!
V on Shenton-
Metropolitan Living in the Heart of
Marina Bay Financial District
V on Shenton is an upcoming mixed development project located at 5 Shenton Way, Core Central Region of Singapore. It sits right in the Central Business District of Singapore and where the former UIC building is situated. V on Shenton is in between Singapore Conference Hall and Shenton House and also near to One Shenton. This 99 years leasehold development consists of 1 tower of 54 storeys residential block and 1 tower of commercial blocks. These 2 towers will be linked by a 7 storeys podium which has 5 storeys of carparks, 2 levels of commercial space and 2 levels of basement carparks. It has 3 levels of Sky gardens on 8th, 24th and 34th. V on Shenton is expected to be completed in 2017. By then it will be home to 510 household.
The unit configurations available at V on Shenton will comprise from studio units up to 3 bedroom units and penthouses. These units will have sizes ranging from 441 square feet to 7255 square feet for a penthouse unit.
Star Buy Units!! FURTHER DISCOUNTS!!
Higher floor at Low floor price
Studio- 452sqft List price, 10% Discount $1,198,800
Now 15% Discount!! S$1,132,200 S$2505psf Only!!
1+Study 743sqft List price, 10% Discount S$1,652,400
Now, 15% Discountt!! S$1,560,000 S$2100psf Only!!
3 Bedroom 1356sqft List price, 10% Discount S$2,971,800
Now, 15% Discount!! S$2,806,700 S$2070psf Only!!
3 Bedroom 1528sqft List price, 10% Discount S$2,944,800
Now, 15% Discount!! S$2,781,200 S$1820psf Only!!
3 Bedroom 1765sqft List price, 10% Discount S$3,315,600
Now, 15% Discount!! S$3,131,400 S$1774psf Only!!
Other developments that are near to V on Shenton include the upcoming Wallich Residence and Marine One Residences, Icon, One Shenton, Marina Bay Residences, The Clift, 76 Shenton and Lumiere.
V on Shenton is just next to the upcoming Shenton Way Downtown Line which is due to complete in 2021. With the Tanjong Pagar East West Line Station and also the Downtown Train Station (which operates the Downtown Line) within walking distances, V on Shenton’s future residents will have no problem to commute to any parts of the island without any hassle. In terms traveling via vehicles, V on Shenton is just 4 minutes’ away from the bustling Orchard Shopping Belt. It future residents will also have no problem traveling to parts of the island as V on Shenton is very accessible to the Ayer Rajah Expressway (AYE), the East Coast Parkway (ECP) and also the Central Expressway (CTE).
In terms of accessing to amenities such as shopping, dining, entertainment and leisure facilities are within reach from V on Shenton’s future residents. The 2 level of retails right at its podium will provide its future residents a conduit of conveniences in getting their daily conveniences. Other than within the development itself, V on Shenton is also near to many shopping malls located within its vicinity such as Marina Bay Link Mall, Icon Village, Far East Square, 100 AM, China Square Central, Change Alley, UOB Plaza, Chinatown Point and Marina Bay Sands Shoppes. More choice will be made available when the upcoming Tanjong Pagar Centre (just 400 m away) is completed offering 6 levels of retails shops and F&B outlets.
To access to nice and economical local delicacies is also not a problem when living at V on Shenton. The Amoy Street Food Centre, Maxwell Road Food Centre, Lau Pa Sat, Tanjong Pagar Plaza Block 6, Market and Food Centre, Golden Shoe Food Centre, Chinatown Complex Market and Food Centre, Hong Lim Market & Food Centre, People’s Park Complex Food Center, Gluttons Bay and Kukoh 21 Food Centre are just within 2 km radius from V on Shenton. With these, one can expected conveniences at its best by calling V on Shenton his home.
| Project | V Five on Shenton |
| Developer | The United Industrial Corporation UIC |
| Location | 5A, Shenton Way, Singapore |
| District | 1 |
| Tenure | 99 years lease |
| Site Area | sqft |
| GFA: | 51,582 square metres/ 555,230 square feet |
| Plot Ratio | 2.5 |
| Expected TOP: | 2017 |
| Total Units | 510 |
| Total Carpark | |
| Development | Office Tower comprising of 24 storeys and Residential Tower comprising 53 storeys |
| Unit Type: | |
| Architect | |
| Eligibility | SC/ SC, SC/SPR and Foreigner |
| Category | Important Amenities Near V on Shenton | Approximate Distance |
| Train Stations | Shenton Way (TS19) Thomson Line Due 2021 | 0.2km |
| Bus Stop | Aft Capital Twr (Bus: 128, 130, 162, 196, 196e, 868, 10, 10e, 70, 75, 97, 97e, 100, 107) UIC Bldg (Bus: 128, 130, 131, 162, 167, 186, 196, 196e, 700, 10, 10e, 57, 70, 75, 97, 97e, 100, 106, 107, 970, 971E, NR1, NR6) |
0.2km 0.1km |
| Supermarkets | Fairprice (100 AM) Cold Storage (China Square) Sheng Siong (52 Chin Swee Rd) Giant (Vivo City) |
0.6km 0.8km 1.4km 3.3km |
| Shopping Malls | TP180 (U/C) Marina Bay Link Mall Icon Village Far East Square 100 AM China Square Central Change Alley UOB Plaza Chinatown Point Marina Bay Sands Shoppes |
0.4km 0.6km 0.6km 0.6km 0.7km 0.8km 0.8km 0.9km 1.0km 1.2km |
| Education Institutions | Preschool | |
| Fairfield Methodist Church Kindergarten PCF Tanjong Pagar-Tiong Bahru Blk 1E Chinese Kindergarten YWCA Kindergarten (Outram) Rosemary Hall Montessori Kindergarten Artskidz Preschool |
0.6km 0.9km 1.7km 1.8km 1.8km 2.0km |
|
| Primary | ||
| Cantonment Primary School | 1.1km | |
| Secondary | ||
| Outram Secondary School | 1.7km | |
| Junior College | ||
| Catholic Junior College | 5.5km | |
| Tertiary | ||
| Singapore Management University | 2.1km | |
| International | ||
| Etonhouse International School | 1.8km | |
| Food Centre | Amoy Street Food Centre Maxwell Road Food Centre Lau Pa Sat Tanjong Pagar Plaza Block 6 Market and Food Centre Golden Shoe Food Centre Chinatown Complex Market and Food Centre Hong Lim Market & Food Centre People’s Park Complex Food Center Gluttons Bay Kukoh 21 Food Centre |
0.4km 0.6km 0.6km 0.7km 0.8km 0.9km 1.0km 1.1km 1.6km 1.6km |
| Lifestyle | HomeTeamNS @ Chinatown Hong Lim Park Pearl’s Hill City Park Singapore Cricket Club Esplanade Park Gardens By The Bay Singapore Recreation Club War Memorial Park HomeTeamNS @ UE Shopping Mall Fort Canning Park |
0.8km 1.1km 1.3km 1.3km 1.4km 1.7km 1.7km 1.8km 1.8km 1.9km |
LIVING in the bustling Central Business District has caught on, with plenty of property launches in the area in recent years.
Many people love the convenience of being just five minutes from work, but some have grumbled at a lack of amenities. There are no schools, supermarkets and shopping centres in close proximity, they say.
Take, for instance, GuocoLand's 1.7 million sq ft mixed-use development, Tanjong Pagar Centre.
It will boast a tower of Grade A office space, 181 luxury serviced apartments called Wallich Residence and shops. The project will be linked to the 202-room Clermont Singapore hotel.
So far, 14 out of 54 units launched have been sold, at an average price of $3,055 per sq ft (psf).
Over at Marina Bay, all eyes are on the 3.67 million sq ft integrated project Marina One, jointly developed by Singapore's sovereign wealth fund Temasek Holdings and its Malaysian counterpart Khazanah Nasional.
The 1,042-unit project is expected to go on the market in the second half of the year, priced at about $2,800 psf to $3,000 psf.
"Investors who buy small units can expect keen leasing interest from mid- to senior-level expats who might be on limited housing allowances but still want a conveniently located property," said Mr Ong Kah Seng, director of R'ST Research.
Other new developments launched include the 202-unit 76 Shenton, which has moved units at an average price of $1,959 psf, according to data from Square Foot Research.
The 280-unit Altez in Enggor Street has sold 229 units, at an average price of $2,390 psf, while 215 homes have been snapped up at the 360-unit Skysuites@ Anson for $2,603 psf on average.
Units were sold at a median price of $2,618 psf at new launches in the five months to May, rising from a median price of $2,303 psf in the same period a year ago, according to HSR Research.
This boom in downtown living has its roots back in 1995, when the Urban Redevelopment Authority (URA) singled out the lack of a residential population as the business district's key weakness, noted DTZ's research head Lee Lay Keng.
The URA then set about introducing city living to the area.
After that, the first residential projects com- pleted were the 646-unit Icon by Far East Organization, which obtained its Temporary Occupation Permit in 2007; and the 168-unit Lumiere, which was completed in 2010.
Resale prices of units at these older projects have held steady, noted Mr Ong, staying flat in the past year.
"Resale prices were able to hold in 2013 due to strong leasing demand, although rents are moderating," he said.
"Most investors feel that there is a ready pool of tenants, despite more competition than before."
At Icon, 91 leases were secured at a monthly median rent of $6.69 psf in the first quarter, while Lumiere had 17 leases at a monthly median rent of $5.90 psf.
Rental yields in the area are about 4 to 4.5 per cent, well up on the islandwide rental yields of 3.8 per cent, added Mr Ong.
"In the longer term, as plans for the Southern Waterfront City under the 2013 Masterplan are implemented, we expect that this will add further impetus to the rejuvenation of the Tanjong Pagar area," said Ms Lee.
"As the current CBD is extended towards Tanjong Pagar, this will help to support rental and capital values in the area."
