The URA has awarded the tender for the development of Lentor Modern to GuocoLand, which came after they submitted a bid worth S$784.1 million. This translates to S$1,204 psf ppr or $12,964.83 sqm of GFA. Find out more in this article as we’ll uncover more about the Lentor Modern Developer!
GuocoLand, a Singapore-based property firm that has links to Malaysia’s Hong Leong Group submitted its bid through GLL D in an effort featuring nine competitors. Additionally, the second-highest bid was submitted by a group that included TID Residential, Hong Realty, and Intrepid Investment. These are worth $750 million 4.5% lower than the top offer!
Click here to read more about the Lentor Modern developer!
About Guocoland Limited
Besides, Guocoland Limited has been around since 1978! They’re currently listed on the SGX. The group is a leading developer of real estate projects in Singapore, Malaysia, and China with mixed/integrated development.
In 2018, the company expanded into Australian and UK markets in partnership with Eco World International Berhad. This is part of their ongoing effort to provide sustainable development solutions for communities throughout Southeast Asia as well as other regions around the world too!
The Group has completed more than 36 residential projects in Singapore. These contribute to over 10,000 homes that are now available!
GuocoLand is well known for its landmark Guoco Tower, a $3.2 billion integrated development at Tanjong Pagar Centre. This was built in 2016! Also, it is a vertical city that houses the 5-star hotel Sofitel Singapore City Centre, Wallich Residence, and lifestyle retail space. It is also home to F&B space, grade A offices, and a rooftop landscaped urban park.
The group’s impressive portfolio includes townships and various commercial developments in Malaysia too. Additionally, they also have a portfolio of properties in major Chinese cities like Shanghai, Beijing, Tianjin, and Nanjing.
The GuocoLand group is one of Singapore’s most successful property developers. They have assets worth around SGD $11 billion as of 31 December 2020!
An Award-Winning Developer – Lentor Modern Developer
The company is committed to sustainability and eco-friendliness, as proven by its wins like BCA’s Green Mark Award. This include:
Leedon Residence
Martin Modern
Wallich Residence
Goodwood Residence
Elliot at East Coast
Sophia Residence
The Waterline
Sims Urban Oasis
Besides, GuocoLand has been recognized for its high-quality products both domestically and internationally.
Lentor Modern Key Selling Points
Below are reasons why the new Lentor Modern is worth purchasing/investing/staying!:
Lentor Modern residents can enjoy direct public transport access to the CBD, Woodlands Regional Centre, and key areas of Singapore.
This property offers an excellent location that’s close to amenities of all kinds.
The Lentor MRT Station will be just a 3-5 minute walk from your doorstep! (Directly Linked)
Proximity to established schools is one thing that sets this area apart from others. Such as CHIJ St Nicholas Girl’s School, Anderson Primary School, and Presbyterian High School.
The development will have retail options available within it.
Lifestyle and entertainment at home with plenty of facilities like the pools, BBQ areas, and clubhouse with gym facilities.
The newest, most modern 1 to 5-bedroom units with fresh designs.
Nestled around the areas of Ang Mo Kio, Bishan, Central Water Catchment, Sin Ming, Yishun, and Thomson.
Before moving off, do check out our video to find out more about the Lentor Modern. In this video, we’ll discuss more on the floor plan analysis!
We hope you found this article on the Lentor Modern developer insightful and helpful! We also hope the key selling points of Lentor Modern have intrigued you. This condo will be launching soon so do contact us if you have any questions or if you’re interested! We’ll be delighted to guide you through. Also, do check out our website to find out more about this property! We hope to hear from you soon!
The upcoming mixed development at Lentor Modern will be direct integration with the MRT station (Lentor MRT station). It provides easy access for those who commute to work every day. In this article, we’ll be talking about the Lentor Modern Condominium.
Lentor Modern
The condominium will have a commercial component! – Including supermarkets and a childcare center. There are also F&B outlets within the building as well! It is being developed by GuocoLand Limited. With a reputation for quality, Guoco Limited is one of Singapore’s top real estate developers!
Where Is It Located?
The Lentor Modern Condominium sits within the new Lentor Hills Estate. It will be a peaceful neighborhood of predominantly low- to mid-rise condominiums and landed homes! The location of this apartment is perfect for those who like to enjoy the outdoors. It’s close to parks, reservoirs, and nature reserves. With this, residents will get an open view over their land as well as the greenery around them!
To add, the location of this condominium is strategic. It’s right beside a public transport node that allows residents seamless connectivity to the major business centers! – Such as Woodlands Regional Centre in the north and CBD (Central Business District), plus Marina Bay Financial District south too!
About The Project
The project will be a residential and commercial building made up of three 25-story towers, with a double-volume sky terrace in each tower. This new development will house 605 residential units of 1-4 bedroom apartments. Lentor Modern will sit above commercial retail space at the ground level. – This directly links to the Lentor MRT station on the Thomson-East Coast Line (TEL)! Also, this MRT station just went operational in 2021. At ground level, there is a podium block offering over 96,000 square feet in retail and commercial space!
Click here to find out more about the project details on the official website!
Lentor Modern
The facade of this building will be designed to adapt easily in order for it to accommodate residents’ needs. Additionally, it has an aesthetically pleasing appearance with features like balconies, window ledges, sky terraces, and vertical green walls. They offer relief from the sun’s heat while still being able to keep a good balance between voids or windows vs walls.
It’s not just childcare facilities that residents will have at their doorstep, but also a wide selection of shops and F&B options. Services include clinics, restaurants, cafes, and a 10,000 sqft supermarket! The design of Lentor Modern Condominium will include a public plaza. With this, visitors will feel welcome and generate an immersive feeling of arrival at the estate.
The development will be seamlessly connected to the MRT station at Lentor. In fact, it’s one of its strong factors! URA’s vision for this area is to create a pedestrian-friendly neighborhood amidst lush greenery. They plan on incorporating new parks and green spaces, with safe access for cyclists and pedestrians.
Connectivity at Lentor Modern Condominium
This area is served by a network of arterial roads and expressways. The Central (CTE) Expressway, Seletar Expressway along with the North-South corridor, or NSC are all here to serve you!
This estate is within reach of many recreational venues. There are the future Hillock and Linear parks, as well as Yio Chu Kang Stadium & Sports Complex right next door! You can also visit Lower Peirce Reservoir Park or Thomson Nature Park here too.
Check out our video to find out more about the Lentor Modern. In this video, we’ll discuss more on the floor plan analysis!
Click here to have a look at the Lentor Modern floor plan!
The analysts are predicting that the response to this development will be fairly good, given its convenience and lack of new housing supply in the neighborhood! The last new project in this area was The Calrose, which launched over 15 years ago. There have not been any other developments since then and Nuovo (an executive condo) launched in 2001.
There’s no better time than now for buyers who want to take advantage of this pent-up demand. Some could even come from property owners in landed housing estates or their grown-up children! HDB upgraders and investors can also look forward to moving here. We hope you enjoyed reading about the new Lentor Modern Condominium. Do check out our website as we continue to update more about this property. If you’re interested, do not hesitate to contact us! We look forward to hearing from you.
Marina One Residences is a super green building that comes alive through the design of Christoph Ingenhoven. He is an architect who has led sustainable super green architecture. He has created an innovative design that’s efficient both environmentally and financially! This article will discuss everything you need to know about the luxury Marina One Residences.
This is a luxurious 99-year leasehold high rise with frondescence all around! The Marina One Residences at District One, 21 & 23 are just what you need to make your life more interesting. M+S continues to amaze with its visionary creativity and excellence in developing high-quality properties.
About This Project
The two 34-story residential towers have a total of 1,042 apartments with units available from one to four-bedroom units to penthouse suites. The two towers are reserved for residential and industrial spaces within the 26,200 square meters of Marina One Residences. Other than that, the Grade-A office space is dedicated to the other two 30-story towers. It also has two meeting rooms that can hold about 122 people, which if joined becomes a 244 seating room via knock-out panels!
Marina One Residences Penthouse
Imagine living in a rich and beautiful oasis that’s vibrant with luxury, colorfulness, and magnificent enchantments. The Marina One Residences penthouses are a whopping 65,000 sqft! Imagine the thrill of strolling along a towering and majestic 13-meter waterfall. The height makes your heart race with excitement as you take it all in!
Plus, imagine a space that fuels your mind, body, and soul. This penthouse in Singapore offers just such an experience with its calming ambiance at the heart of downtown while embracing all things exciting!
The luxurious penthouse units in Marina One Residences are perfectly suited to be part of Urban Redevelopment. The Marina One Residences luxury penthouse offers a rare opportunity to live in the heart of Singapore and experience an upmarket residential lifestyle that’s perfectly aligned with your interests. The panoramic views of the city skyline, sea, and gardens by the bay, this top-floor residence will not disappoint!
Homeowners will find a premium selection of Villeroy & Boch bath wares, top-in-class appliances from Miele, and signature PoggenPohl kitchen designs in every penthouse unit. The intricate architecture of Marina One Residences is further extended with an innovative signature weave adorning the balcony facade.
Click here to get the floor plans for Marina One Residences penthouse!
And if you’re curious about what the penthouse looks like on the 32nd floor, we’ve got a video for that! This video features a 7,244 sqft penthouse unit. In addition, we show you the amenities that come with it such as a private jacuzzi and an incredible view! Other than offering a beautiful master bedroom with luxurious features, this unit also has other great rooms for you to enjoy.
Click here to check out Marina One Residences video!
Marina One Residences Facilities
Set against the lush greenery of 65,000 sqft and spectacular waterfall features are myriad private spaces within Marina One. You’ll find 50 meters of private lap pool that offer a calm retreat from the busy and bustling life. Also, you can entertain at the private dining rooms and teppanyaki terraces, and enjoy unique retail indulgences and signature dining!
Other facilities include:
Private Dining Room
Multi-Purpose Room
Landscaped Garden
Gymnasium
Private Lounge
Residents’ Clubhouse
Putting Green
Sauna & Steam Rooms
Children’s Pool
Wellness Sanctuary
Relaxation Cabana
Party Zone
Teppanyaki Terrace
Aquatic Gym Pool
50m Lap Pool
BBQ Terrace
Jacuzzi
Family Pool
The amenities here are ideal and perfect for you and your family all year round. This is because they have lap pools for serious swimmers and a children’s pool that will keep the little ones happy all day long! Besides, residents have a number of ways they can relax after work. This includes spending time in the wellness sanctuary and relaxation cabanas. They can also enjoy using the sauna or steam room!
Aside from these, there are a total of 1505 car parking lots. (All of which are located in Basements 1, 2, 3 & 4) :
971 residential car parking lots
7 handicapped residential car parking lots
534 commercial car parking lots
5 handicapped commercial car parking lots
Marina One Residences Location
The Marina One Residences is a highly coveted luxury residential property in the heart of the bay. It’s not hard to see why this address has become so popular. With its picturesque views and unparalleled service lifestyle that only comes from being located at an iconic landmark like this one!
With practically everything available on-site, you don’t really need to venture outside. However, if you’re looking for a little bit more excitement in your life, then look no further than the surrounding areas! Besides, there are many amenities and events that will keep the residents satisfied.
Furthermore, the luxurious Marina Bay Sands is just 2 minutes away from this condo with its own extensive supply of eateries and retail offerings. Also, you have close proximity to many tourist favourites such as Singapore Flyer, Gardens by the Bay, and Esplanade Theatres on the Bay. To add on, The Marina Bay Golf Course is also around the corner for golf aficionados.
Connectivity
It has easy access to four different MRT lines. These are the North-South, Circle, Downtown, and upcoming Thomson Lines. They are all via underground pedestrian walkways and are easily accessible from major expressways!
The nearest MRT stations are:
Marina Bay MRT Station
Bayfront MRT Station
Promenade MRT Station
City Hall MRT Station
Esplanade MRT Station
Raffles Place MRT Station
Downtown MRT Station
You have come to the end of the article! Before moving off, do check out our video on Marina One Residences. In this video, we’ll give you a tour of one of their beautiful units!
Marina One Residences has a unique beauty that is hard to find in other places. It offers residents both the comfort of home and an exciting location with all its amenities, making it perfect for anyone who wants their life surrounded by luxury. If you’re interested and intrigued by this property, do contact us here! And don’t forget about our other articles on penthouse apartments. We’re constantly updating these so be sure to check back often for more!
The penthouse is the most elite and luxurious unit in any condominium development. Penthouse units are located on the highest floor of a building and often have great views. Nowadays, many penthouses exceed one story in height; they’re usually more significant than the other units in the development. In this article, we’ll show you super penthouse for sale in Singapore! (At time of writing.)
Penthouse Units
Other than condos, penthouse units can also be found in various different building types. Examples are HDB flats in the form of penthouse maisonettes and HDB lofts, office buildings, and shopping malls!
The price of a penthouse unit is surely not something that you should take lightly. Some sales even make it to the news! In a matter of two months in 2021, two different penthouse apartments in Singapore have sold for over $40 million. – Les Maisons Nassim Penthouse was sold for $75 million in late October. The following month, November, the Sole Penthouse Atop Canninghill Piers was sold for $48 million.
Luxury Super Penthouse For Sale in Singapore
Whether you’re looking for a luxury penthouse condo or just browsing, here are some of the most expensive and exclusive properties available in Singapore. (At time of writing.)
Super Penthouse
Price
Reflections @ Keppel Bay
$68,000,000
Les Maisons Nassim
$69,999,888
One Chatsworth
$55,000,000
Skyline @ Orchard Boulevard
$54,115,002
The Tate Residences
$40,000,000
One Shenton
$30,000,000
Concourse Skyline
$29,999,000
Nassim 9
$13,000,000
However, if you’re looking for a better deal then don’t worry because we have our own list at a much more affordable price! Click here to download the penthouses that we have curated!
Reflections @ Keppel Bay
This extraordinary, luxurious, 13,293 sq ft, fully furnished penthouse is the perfect home for those looking to make a statement. The 99-year leasehold condo Reflections at Keppel Bay features stunning views from certain rooms and offers seven bedrooms with all amenities one could hope for!
The six glass towers of this modern luxury apartment block offer a stunning view of the sea. The well-designed interiors are fully equipped with all amenities, including free membership at Keppel Bay Club next door!
With a shuttle bus to and from the Harbourfront MRT station/Vivo City/Telok Blangah MRT Station, you’ll never miss out on all of your shopping needs. You are also well positioned in this area that is set for development over time. This will become a bustling business district with residential apartments nearby in the future!
Lei Maisons Nassim
If you’re looking for a luxury penthouse with the most exclusive views in town, then look no further. This 12k sq ft property provides an unparalleled living experience and is only four stories high! The development’s limited number of units and private lifts are what make it so attractive. The development only has 14 units, each with its own dedicated lift lobbies. Of these two are super penthouse apartments!
With a 21m wide frontage and column-free design, the high-end property is perfect for those who want to customize their home. Homeowners can choose from three ID designs or go all out with designing it themselves!
Additionally, when the Thomson-East Coast MRT Line begins operation later this year, homeowners will have easy access to Napier (650m) and Orchard (750m) stations! They will have a seamless connection with Singapore’s most famous shopping belt.
One Chatsworth Penthouse
Though its TOP was issued in 1976, this partially furnished freehold penthouse near Orchard Road has a massive floor area of 13000 sq ft that spans two levels. The three living rooms and six bedrooms in this development make it one of the 45 exclusive units. It has a balcony around the three living rooms, providing residents with outdoor space!
To add on, this penthouse has some of the most incredible 360-degree views you will ever see! The large windows allow plenty of natural light in and make for a beautiful home. The facilities at One Chatsworth are top-notch. It has a swimming pool, sauna and tennis court among other things! Just 5 minutes walk away from this estate is the upcoming Orchard Boulevard MRT station which will make for easy access to public transport when you move in!
Skyline @ Orchard Boulevard
It’s no surprise that the Orchard area is home to so many luxury super penthouses. The stunning duplex Skyline @ Orchard Boulevard penthouse was awarded its TOP in 2015, with a floor area of 9,494 sq ft. The location couldn’t be better – it’s just steps away from both Orchard and Somerset MRT stations on the North-South line.
This five-bedroom home has an exclusive private pool, and it’s situated 33 levels above Central Singapore. The balcony overlooks the bustling Orchard Road with its many shops to cater to all your needs!
The Tate Residences
The stunning 4-bedroom, 5,963 sq ft penthouse is located in a 99-year leasehold mixed-use development with a shopping mall and theatre on lower floors. The lift in this apartment connects directly to City Hall MRT, which makes for an easy commute. The view from the inside is spectacular as it offers unblocked views of Saint Andrew’s Cathedral and Marina Bay Sands!
The bustling capital city is within your reach with this apartment. Located on Stamford Road, just one minute’s walk from City Hall MRT and 5 minutes stroll to Bras Basah station – you’ll be able to access all areas that matter without having too far to walk!
Besides, the location of this unit is perfect for those who want to be in close proximity to all the amenities that they need. It’s only a 14-minute walk from Raffles City Shopping Centre and Funan shopping mall. Additionally, for those who work in CBD, Raffles Place is just 14 minute walk away.
One Shenton
The luxurious One Shenton was completed in 2011, and it boasts a 9139 sq ft two-story penthouse at the heart of Marina Bay. There’s also a lap pool and a jet pool on the open roof garden with four bedrooms ensuite!
Aside from its amazing location, the Singaporean developer CDL has been a shining example of how to be environmentally conscious. They have created some amazing projects that promote green living and sustainable development.
Concourse Skyline
The Concourse Skyline at Beach Road was completed in 2014, with a total of 360 units and 39 floors. The condo is in the heart of Singapore, but with a view that will make your mouth water. The vast unblocked vistas from this property give you an incredible perspective on the Singapore River and Marina Bay sea view.
The luxurious, 11 128 sq ft triplex penthouse is newly renovated with branded furniture and appliances. It has a floor area of 11,128 sq ft, seven bedrooms, and six bathrooms. There’s also a private lift within the house, taking its occupants to the various floors.
Level one of this luxury penthouse offers you the living room and dining hall, the wet and dry kitchen, and four bedrooms (two ensuites and two with balconies). Level two of the house allows you access to a private pool and jacuzzi, as well as three adjoining bedrooms that can be combined into one presidential suite. On level 3, there is a roof terrace with a barbecue pit perfect for entertaining guests or taking care of your family business after hours!
The communal facilities here are top-notch, with a barbeque area and gymnasium room. There’s also a lap pool, spa pool, clubhouse, jacuzzi, and lounge. Plus, Nicoll Highway MRT station is a short 3-minute walk, while Bugis MRT station is just 650m away.
Nassim 9
In this 3,420 sq ft two-story penthouse at Nassim 9 you will find 4+1 bedrooms and four bathrooms. It also comes with a terrace for entertaining on the second floor! The 2003 completion of this freehold property is just one among eight units in a low-rise (four-story-high). It also has a boutique development that promises exclusivity and privacy for its well-heeled residents.
Developed in an area with 24-hour security, this community features a swimming pool, gym, and barbeque pits. Additionally, you’ll be within walking distance of Singapore’s renowned Unesco World Heritage Botanic Gardens and the buzzing Orchard Road.
We have finally covered the super penthouses that are currently for sale in Singapore. The prices are definitely up there, however, if you’re interested do contact us here! – Be it for an investment, for a forever home, we’re always here to help! Do read our articles on penthouses as we continue to update.
The high cost of living in Singapore is enough to put off most people, but penthouses still manage popularity among those who can afford them. Why? Penthouse apartments have been viewed by some as only accessible to the wealthy and elite class due to their price tag. In this article, we look at why penthouses in Singapore are still popular despite the high price.
Who Are The Typical Buyers Of Penthouses In Singapore
There’s something about penthouses that always catches our attention. We can’t help but admire their beauty and luxury, especially in Singapore where they’re a rare find as opposed to other countries.
These high-end penthouses are bought by ultra-high net worth (UHNW) foreigners and individuals with extreme wealth across their entire portfolio. They’re ultra-wealthy visionaries professionals or entrepreneurs! Penthouses serve as a symbol of wealth and success. They’re not just for show; they also offer privacy to those who can afford them, which is why most tycoons buy penthouses. This is in addition to other properties that are less costly or even residential units such as apartments!
People who are looking to invest in a penthouse typically consider the property and location, as it will have much greater value. The decision of investing comes with tangible offerings such as privacy or prestige but also intangible ones. – Such as exclusivity that makes them want this type of home ownership more than others do.
Why Do Buyers Pay High Prices For Penthouses Instead Of Purchasing Landed Properties?
The difference between landed properties and penthouse apartments is like night and day. Landed homes often have trees blocking views, pathways, and roadsides while penthouses give you an unmatched perspective of skylines from the rooftops! They offer a level of luxury not seen elsewhere. They provide private pools, lifts to their floors, and 24-hour butler service for those who need it!
The best of both worlds come to life in a penthouse. It has the space and luxury of landed property, plus a splendid view that landed properties do not offer.
Why Luxury Penthouses In Singapore Are So Popular Among Foreigners
The government does not allow foreigners to own landed properties in Singapore unless they have special approval. This is why penthouse apartments are so popular among foreigners. The 99-year leasehold homes in Sentosa are an exception, and foreigners tend to look towards other options such as condominiums or penthouses that cater more to their lifestyle needs.
Sentosa Cove – The only landed property foreigners are allowed to purchase.
Lifestyle & Design At Its Core
While lifestyle and design are important criteria for UHNW individuals when it comes to penthouses, size is something that penthouse buyers always look out for. They want their space big enough so they can indulge in all of the amenities without feeling cramped or overwhelm with belongings like some other properties might offer them instead! The UHNW population is made up of people who have busy lives and they want a home that reflects their lifestyle.
Penthouse buyers are looking for a place where they can live comfortably. They want big spaces that offer right away entertainment and interaction with friends, family members, or business associates given their busy lifestyle choices in life which is why these properties appeal so much to them.
Additionally, realtors who are marketing penthouse units need to have a well-drawn interior space. That could be the final push factor for the homeowner to confirm their purchase.
It is not hard to understand why penthouses are so popular. They offer a lifestyle that no other property can match, with their unique living spaces and incredible views of the city or ocean from every window in your home.
Visit this link and you’ll find the most affordable, and popular penthouse we have in Singapore that you should consider! Don’t miss out!
We hope our article has clarified your doubts about why penthouses in Singapore are still popular. Continue to read about penthouses and other properties on our website as we continue to update and provide more information!
The new GLS site for Ang Mo Kio has already attracted 15 bids, setting it to be the first private residential development launched in eight years. In this article, we will be discussing the AMO Residence price and its rentability.
The price for this 12,679.4 sqm piece of land along Ang Mo Kio Ave 1 has been announced as $381 million, or around $1,118 psf per plot ratio (psf ppr). United Venture Development bought AMO Residence which will operate under the 60:20:20 joint venture between UOL Group; Singapore Land Group; and Kheng Leong.
The AMO Residence is situated in a landed enclave with views of the vast greenery. You can also enjoy lush trees and beautiful flowers from your window, which gives you an open-air feeling while staying indoors! One thing that makes this place even better? It’s close by to one epic hiking trail at MacRitchie and Peirce Reservoirs.
The extensive number of schools nearby makes this area an excellent choice for families with school-going children. Reputable primary schools like Ai Tong School and CHIJ St Nicholas Girls’ School is only a 1 km distance. Popular secondary institutions such as Anderson Secondary Institute or Catholic High Institution can be found nearby too.
The Mayflower MRT station is within walking distance. It’s situated along the Thomson-East Coast Line and will be mostly operational by 2025 just in time for this project’s TOP! With the opening of this station, getting around Singapore has never been easier. You will only need to take 4 stops to Woodlands MRT and 8 stops to Orchard Road! Furthermore, there’s also an upcoming Cross-Island Line at Bright Hill Station. This is only a stop away! The Circle Line, North-South Line, and Downtown Line are only 3 stops, 4 stops, and 5 stops away respectively. Getting around Singapore has never been so convenient.
Additionally, the completion of the North-South Corridor will be beneficial to those living in this area. Starting from Woodlands and ending at CBD, there are plans for an expressway with dedicated bus routes as well cycling lanes which should make connectivity much easier than before! This will cut through towns such as Yishun, Ang Mo Kio, and Toa Payoh.
What can we expect from AMO Residence?
With the extensive amount of land and estimated number of stories, we can expect that these units will be large enough for families. Besides, the facilities seem adequate as well!
With Avenue South Residence and MeyerHouse, UOL already has a number of projects that offer incredible features. Their more recent additions such as Clavon located at Clementi can be considered self-contained communities with tons to offer within the site. We’re sure this will not have any difference when it comes to Ang Mo Kio itself!
AMO Residence Price – What are we expecting in terms of launch prices?
The launch prices for AMO Residence are expected to be between $2,000 psf and $2,100 per square foot. This is based on its current land rate which stands at $,1118psf/ppr.
By contrast, the GLS sites that closed their tenders recently, Lentor Central & Hills Road (parcel A) were sold at $1,204 psf ppr and $1,060 psf ppr respectively. These two sites are located close to Lentor MRT station, one stop away from Mayflower Station. Prices for AMO Residence should thus likely be relatively competitive with other listings in the area!
The competition for land in this area is likely to increase, which means that prices may go up. But three more GLS sites were recently released and they provide even better options if you’re willing to wait a little longer!
For a comparable D20 new launch project, let’s take a look at Jadescape at Bishan.
It was launched back in 2018 and had average prices of around $1,700 psf at the time it opened for purchase. Looking at just this year’s sale transactions alone though, we are coming up with an average of around $1,850 psf. This is still slightly lower than the projected amount for AMO Residence.
Jadescape’s not looking too bad. It also faces a landed housing enclave, is within walking distance to two MRT stations on different lines, and has an excellent hawker center nearby! But AMO Residence is an excellent choice for those who want to live in close proximity to more primary schools and green surroundings.
Let’s take a look at the table below to look at the average prices. :
Tenure
Top
No. Of Units
Average Prices (PSF)
Bishan Park Condominium
99-Year
1994
320
$1,109
The Gardens at Bishan
99-Year
2004
756
$1,340
Thomson Grand
99-Year
2015
339
$1,515
Adana @ Thomson
Freehold
2018
74
$1,845
As you can see, the properties above all fall under the $2,000 psf mark, even for the newer freehold Adana@Thomson. In general, newly launched condos are priced higher than older resale condos. The question is whether this price point can be justified given what you get for your money!
Rentability
For those who are looking at this project as a rental opportunity, this is an excellent choice for families who are looking to send their kids to nearby schools. The beautiful and tranquil Ang Mo Kio neighborhood is not your typical ex-pat town, but it can be an option for professionals who work in this area or nearby nodes. These are such as Woodlands (15-min drive), Seletar Aerospace Park (13-min drive), Paya Lebar Quarter (19-min drive), and the future Punggol Digital District (18-min drive).
Based on recent rental contract transactions for condos nearby, here are some numbers you can take reference from. :
If you’re interested, do check out this video to find out more about AMO residence and this video to find out more about the site plan and floor plan analysis!
We hope this article has helped you understand the AMO Residence price point better! The price of properties surrounding AMO Residence and its established location, make this a great place to consider. Don’t forget to check out the other articles we have written on AMO Residence too!
The word ‘penthouse’ has meant so much more than just a rooftop house. Today, it is also used when talking about high-rise apartments and the floors at their tops-the penthouse suite! In Singapore, penthouse apartments offer luxury and richness like no other property type can. Penthouses have a top-of-the-world feel and offer jaw-dropping views. They are exclusive, luxurious apartments that scream luxury! Read to find out more about penthouses in Singapore.
Penthouse in Singapore
The Element of Novelty
View from Marina Bay Penthouse
Located at the top of buildings, penthouse suites offer a privileged view that’s hard to find elsewhere. The views include everything from lush canopies and shining cityscapes right down into the beautiful sea, or even all of the above! The skyline views from this property are something that you won’t find in any other home. It’s not just the view that makes this place so great. You’ll find yourself surrounded by the amazing view, all while having an amazing time with family or friends on the beautiful rooftop!
Super Penthouses in Singapore
Super Penthouse in Singapore (Wallich Residence Condo)
The penthouses in Singapore are so luxurious and fancy that they even have ‘Super’ versions. Super Penthouses take things a step further. To qualify as a super penthouse, an apartment unit has to be built on top of a 1,000 feet building, and have a minimum size of 10,000 sq ft. These exclusive penthouses are the ultimate in luxury living.
Not only do you get an amazing view, but they are also typically furnished with state-of-the-art appliances and finishes, high lofty ceilings, and feature amenities. The amenities are such as a private rooftop pool, private lift access and concierge services, and many more! With such high requirements, it is not surprising that there are only 11 super penthouse properties in the world.
Wallich Residence Amenities The Rooftop Terrace of Super Penthouse at Wallich Residence
Penthouses in Singapore – No Restrictions Unlike Landed Properties
Landed properties in Singapore come with more advantages than just their square footage and prestigious status. The buying restrictions for landed property, namely Good Class Bungalows (GCB), require buyers to be Singaporean citizens. Penthouse apartments mark a few other boxes on ultra-high net worth (UHNW) individuals’ checklists for ultra-high net worth (UWN). In short, foreigners are allowed to buy penthouses.
The UHNW individuals have a net worth that can easily exceed $40 million. They are a group of international investors who have been investing in properties outside Asia for some time now, but they’re looking into investing in properties in Singapore.
Scarcity Makes It a Good Investment
Penthouses in Singapore are so rare and valuable because of the limited land mass. They’re even more highly sought after than other properties, which means that they continue to be an excellent investment for those looking at both residential property values as well as personal wealth preservation. Luxury penthouse properties in Singapore continue to be among the most sought-after real estate investments for local and foreign UHNW investors.
Staying in a penthouse or super penthouse is akin to living in a bungalow or villa in the sky. Besides, the penthouse is the ultimate symbol of luxurious living. With views that stretch as far away from your doorstep, you’ll be able to take in all those breathtaking cityscapes. Penthouses are a rare find and will always capture the attention of anyone who enters them.
Penthouses Recommended By Us!
If you’re looking for the best deals on top-of-the-line penthouse homes, click this link! You can find the cheapest, best deals on penthouse apartments here (below $2.5 million)!
We hope you enjoyed reading about penthouses in Singapore. Continue to read more about penthouses on our website as we continue to update you with more details. Besides, we hope that our article has helped you in one way or another!
The highly anticipated AMO Residence has been won by UOL Group, Singapore Land Group, and Kheong Leong Company against 14 other bidders back in May 2021. The name of this development, ‘AMO Residence’ is captivating. It also has the word love in Spanish which speaks volumes about its target audience- young families and investors looking for their next investment opportunity! In this article, we explore the specific features of the AMO Residence new launch that will appeal to young families and investors.
Other than that, we compare AMO Residence with other private property options in the OCR.
Family-Friendly Amenities
AMO residence has a great location, with plenty of family-friendly features. There are primary schools nearby, and avenues for outdoor life experiences like hiking with friends & family members(or alone!). Besides, there’s an overall sense that this is a place where you can enjoy your time outside rather than being stuck inside all day long!
Schools
The three primary schools within 1km of the AMO Residence area are:
CHIJ St. Nicholas Girls’ School
Ai Tong School
Ang Mo Kio Primary School
It is no secret to Singaporeans that while all these schools have great reputations for providing excellent education opportunities, some are more popular than others. The area around AMO Residence is home to many popular schools that parents might want their children enrolled in. Within 1-2 kilometers, we have Catholic High School and Anderson Primary Schools just among others!
Others are such as:
Teck Ghee Primary School
Mayflower Primary School
Jing Shan Primary School
The decision to have your child attend school nearby is an important one. It means less time spent in traffic, and worrying about how they will get there on time. Of course, the most important thing for parents is to provide their children with good education and opportunity.
If you’re a parent or soon-to-be one, then AMO Residence is worth considering. The TOP might come in four to five years’ time and it will require forward planning. For these younger couples, it’s easy to take care of their children with all the amenities nearby. There is a child-care facility nearby and they also have an amazing playground called “Shangri La Playground”.
Parks Nearby
AMO Residence provides a serene, safe space for families. It’s close to Bishan-Ang Mo Kio Park and also Lower Peirce Reservoir. A fun fact about the name ‘Amo’ is it’s also Italian for “fish hook”. But don’t let yourself get distracted from what’s important- fishing isn’t allowed in any of these areas!
Accessibility of AMO Residence New Launch
AMO Residence will be conveniently located near public transport, with the new Mayflower MRT station and Bright Hill MRT station (Thomson-East Coast Line). It’s only a 5-minute walk from there! The completion of the Thomson-East Coast Line would make AMO Residence a dream location for those who want accessibility and convenience.
The AMO Residence seems to be a great property for young families. If you have parents who live in the same neighborhood, this could also work out very well! Additionally, it also provides an opportunity to profit from their knowledge that it is popular among younger residents!
Amo Residence New Launch Units
Four to five-bedroom apartments might find more demand from families that want the space and comfort of a home, but also have options for expanding their family. AMO Residence offers 45 units for 4-Bedders and 22 units for 5-Bedders. This accounts for 18% of each of its 372 total units. Smaller family sizes come with the possibility that some people might be looking for an affordable option. With 118 units in 3-Bedders, this makes up approximately 32% of all units in AMO Residence! It is definitely something worth considering if you’re seeking your first home!
Comparisons With Other OCR
We now look at the relative performance of AMO Residence and its district compared to other OCR options. The spacious and well-designed AMO Residence is located in D20 (OCR), with a land cost of $1,118 psf ppr. This may seem like an unusual price for OCR but it’s only slightly more expensive than usual due to its closeness to the amenities available nearby!
It is a reasonable price for this location despite being on the high side. With construction costs, logistics, and profit margins accounted for buyers can expect AMO Residence to hit the market with an average cost of around $1,800 – $2,000.
Prices for this new development are still under consideration and have not yet been finalized. However, PropertyGuru puts the range at $795,000 – $3,084,900 and a psf range of $1,327 – $2,200.
North Gaia (Another new launch)
North Gaia is a new OCR launch that might be attracting attention, which is in D27 (OCR). With an asking price of $1,140,000 to $1,999,000, and psf ranging from $1,176 to $1,395, it’s no wonder that only 27% have been sold so far! The psf and quantum range is lower than AMO Residence but at the same time, it’s more distant from central Singapore.
The current market conditions are a warning sign for those who want to invest in real estate. However, AMO Residence has a strong location and we expect it will perform well over the long term too!
The affordability numbers might seem high but they consider it a good estimate to not bite off more than you can chew. Risk management should always come first when making financial decisions so as much risk from unexpected events is included with your calculations for the future!
AMO Residence new launch is the perfect place for young families and expecting couples. Young people often find themselves in a stage of life where they’re looking to settle down, which makes this property an excellent choice! Not only does it have all sorts of amenities that you would need but we think our readers should consider investing in one of these properties soon! (Before prices go up even more).
We hope this article has helped you one way or the other. Do contact us if you have any questions and read our other articles on our website. If you’re interested, do check out this video to find out more about AMO residence and this video to find out more about the site plan and floor plan analysis!
United Ventures Development has been awarded the development rights for the AMO Residence GLS site by URA. After submitting a bid that equated to S$381 million, they will now be able to construct a high-end residential project with an average price per square meter of around $12,031! In this article, we’ll be talking about AMO Residence Amenities!
The development will host 370 private housing units in its low-rise 4-story building and 29 high-rise floors in two zones. AMO Residence is designed to provide the residents with everything they need for a luxurious lifestyle.
AMO Residence is conveniently located in the heart of the Ang Mo Kio District, on its western end nearer the Thomson area. Access to the main entrance on its south is via Ang Mo Kio Avenue 1. Furthermore, the condo is steps from Bishan-Ang Mo Kio Park! This gives residents access to the green wealth of this lush neighborhood.
With easy access to the East Coast Region, Central Business District, and Woodlands Regional Centre it’s no wonder this area is becoming more popular among residents.
The site is tucked between a private low-rise residential estate and an HDB enclave. To its west (and north partially) are the landed houses of Shangri La Park, while on the east it has Kebun Baru Court which consists primarily of new 12-story HDB blocks!
MRT Station
The AMO Residence is a 5-minute walk from the Mayflower MRT station. This new line opened recently under phase 2 of the new Thomson-East Coast Line (TEL). This makes it easy for residents of this area who use public transportation!
Phase 2 of this line currently stops at Caldecott Station, which is an interchange station with the Circle Line. The whole TEL all the way to Sungei Bedok will be up and running by 2025 before the project completion time! Later on, it’ll extend even further southwards into Changi Airport Terminal 5 where they join the Changi Airport Line.
Shops, F&B, Childcare, Supermarkets, and Banks
The next AMO Residence Amenities are the basic necessities. As the location sits in a mature and well-developed housing estate, it is generally well supported!
There are some neighborhood shops on the ground floor of some HDB blocks at Kebun Baru Court next door. Another place within walking distance for food is Kebun Baru Market & Food Centre. It houses a large variety of grocery items, fresh meat/fish, etc! Just note that this is a 10-minute walk!
Those who drive would likely prefer to head towards AMK Hub, which is about 2km away. This mall has more than 200 shops. Besides, it offers a wide range of goods for those living in the area including a Fairprice Xtra hypermart anchor tenant!
If you don’t drive or prefer taking public transport, then head on down to Thomson Plaza. It’s two stops down the train line, with direct sheltered access from Upper Thomson station. Besides, the old shophouses along Upper Thomson Road are a great place to find local eateries, cafes, and late-night hangouts.
Sports and Leisure Amenities
AMO Residence is a stone’s throw away from two great parks that offer something for everyone.
The Lower Peirce Reservoir is a more rustic, natural ‘forest’ environment that offers you peace and serenity. You can enjoy soothing waters with boardwalks for walks or hikes along the trail to discover hidden gems.
The Bishan-Ang Mo Kio Park is a beautifully crafted urban river park. Designed by Ramboll Studio Dreiseitl and their architects have won many awards for their amazing work! The 62 hectares of park space have been designed to accommodate the dynamic process that occurs when water levels change. Three playgrounds, cycling, and walking trails provide ample green room for children. Additionally, adults can enjoy a leisurely stroll along the river!
Good Accessibility
The condo is in a great location. A quick train ride on the TEL to Orchard Road should take about 20 minutes! When the North-South corridor is completed in 2026, peak traveling time should improve too. Just make sure you take Thomson Road or go down to Ang Mo Kio Avenue 1 for your expressway connection!
Health Facilities
The hospitals and clinics in the area provide comprehensive healthcare services for residents. There are several medical centers within walking distance, including:
SATA CommHealth Ang Mo Kio Medical Centre
Ang Mo Kio-Thye Hua Kwan Hospital
Ang Mo Kio Polyclinic
Healthpath Medical Clinic and Surgery
Ang Mo Kio Medical Centre
This means that residents can get the healthcare they need, close to their homes.
Why AMO Residence in Ang Mo Kio is preferred?
From its bustling cities and industrial estates to rustic islands scattered throughout the region! Singapore’s North-East brings a unique blend of urban life with suburban amenities.
Ang Mo Kio is one of the more established neighborhoods, and its changing landscape will only benefit those who live there.
A North-East region is a place where the familiar meets futuristic. The URA Master Plan called this area a “Heartland Living in 2019.”
There are many exciting developments happening in Ang Mo Kio. Such as:
The completion of the Cross Island Line (CRL) and Thomson-East Coast Line (TEL) by 2035 will add 5 more train lines!
In the next 5 to 10 years, there will be an expansion of walking and cycling networks in Ang Mo Kio as well as other North-East region towns.
The town’s commercial centers will be soon flocking with new businesses and opportunities as a result of this project.
A new plan to develop more green spaces like open spaces and waterfront parks in the North-East Region. This will improve access for residents and visitors.
The future is bright for Ang Mo Kio with many development projects lined up to transform the town. The desirable location makes this neighborhood attractive not only among investors but also to HDB upgraders looking for private properties in Ang Mo Kio.
Do check out this video to find out more about AMO residence and this video to find out more about the site plan and floor plan analysis!
We hope that you are intrigued by AMO Residence amenities and also the condo itself after reading this article. Continue to read our other articles on this website! Also, contact us if you have any questions!
A brand new private residential development is launching off Ang Mo Kio Avenue 1! The AMO Residence Condo offers luxurious apartments to suit your needs and preferences with magnificent views of Singapore’s most significant urban Park – Bishan-Ang Mo Kio Park! Read this article to get more insight into the AMO Residence Condo.
They are developed by the United Venture Development (2021) Pte Ltd, a joint venture of UOL Group Limited with Kheng Leong Company and Singapore Land group former United Investment Consultants. Additionally, they are among some notable names in this development.
The spacious and well-situated site of this residential estate makes it an attractive place to live. This is because you are located within walking distance from Bishan-Ang Mo Kio Park! To add on, it’s also a short commute to the Mayflower MRT station!
The AMO Residence Condo site is a trapezoid-shaped parcel of land. It is aligned in a north-northeast/south-southwest direction. This area is just what your soul needs! It’s nestled between Kebun Baru on its east side (the HDB blocks) while also sharing borders with low-rise housing enclaves such as Shangri La Park to its west side!
In between the lush green forests of Shangri-La Park and Upper Thomson Road lies Sembawang Hills Estate. A low-rise housing estate where you can find peace in its natural beauty with breathtaking views from every direction imaginable!
The lush green forest of trees can be seen from all around the site, with Ang Mo Kio street as its border. Beyond it, is Ellington Square where some landed houses rest peacefully next to one another before reaching CHIJ St Nicholas School.
The main entrance to this site is from Ang Mo Kio Avenue 1, via a new road called “Ang Mo Kio Rise”. The views here will be towards Bishan-Ang Mo Kio Park.
AMO Residence Condo – Highlights
The beauty of this area will be captured by the UOL as they capitalize on its unblocked views of Pierce Reservoir. The lush green forests and tree canopies provide an excellent background for capturing that perfect view. This is why it’s no wonder people are so excited about this property!
The south view of Bishan-Ang Mo Kio Park is open and clear. The future development of this area may block some views, but it will not stop the beauty from being seen!
Just a short walk from AMO Residence Condo will take you to one of Singapore’s most scenic spots- the reservoir. Walking along its trails and boardwalks offers an opportunity for some fresh air, and relaxation after being surrounded by city life all day long (or even just escaping it). Additionally, there are plenty more attractions around if nature isn’t enough!
The Bishan-Ang Mo Kio Park is one of the largest manmade parks in Singapore. It features award-winning landscaping with gardens and a meandering stream that are popular among residents for walks or exercising there!
Check out this video to find out more about AMO residence and this video to find out more about the site plan and floor plan analysis!
The Location
The development is at Ang Mo Kio and is called ‘Amo’, which means love in Spanish. Maybe this home would be like a sanctuary for those who live there, and to feel safe amidst all their worries.
The estate is a mature one, with new land parcels not easy to come by. The last launch here was in January 2014 for Panorama condominiums. Casting even wider, the latest launch was in October 2015 for Thomson Impressions across the Bishan-Ang Mo Kio Park.
The AMO Residence Condo is sure to cause a sensation among potential buyers. Especially those from Ang Mo Kio or Bishan looking for private housing in an area they are familiar with! With a population of 143,000 residents in Ang Mo Kio and more than 63,000 people living in Bishan, there is no shortage of demand. This includes newly formed nuclear families who are looking to buy their first home near the heartlands.
The URA GLS (Government Land Sales) tender for this site was hotly contested. It attracted 15 bids from developers, with a top bid of $381 million by United Venture Development who offered an impressive $1,118 per square foot per plot ratio (PSF PPR) on land alone!
The average selling price for this skyrocketing market can go higher than $19xx PSF. Compared to the launch price of Panorama only 8 years ago, that’s almost a 60% jump!
We hope that you enjoyed getting to know the insights on AMO Residence Condo. It has yet to be launched so do tune in to our website for the latest updates! If you have any questions, do contact us and we’ll be more than delighted to guide you through the process!
