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Thread: One Shenton (D1, 99 year leasehold, CDL)

  1. #1

    Default One Shenton (D1, 99 year leasehold, CDL)

    When will CDL be launching this project? Does anybody know?

  2. #2
    one shenton way

    Default Re: One Shenton Way

    One Shenton WayCity Developments Limited is converting a former commercial building in the Central Business District, One Shenton Way, to a condominium and is expected to release units for sale this year.Carlos Ott, renowned for his designs of Opera de la Bastille in Paris, the Hangzhou Grand Theatre and the National Bank of Dubai, has been engaged as the architect for the project.

    The 99-year leasehold project, to be released this year, will be developed on the site now occupied by the group’s No 1 Shenton Way office block.

    Located close to other new developments at Marina Bay such as One Raffles Quay, the Business and Financial Centre, and The Sail @ Marina Bay, the apartment project will have 360 units in two towers, the taller of them proposed at 50 storeys. The units will range from one-bedders to four-bedroom apartments, as well as penthouses with private swimming pools and roof decks.

    A podium running the length of the development site in Shenton Way will have carparking from the second level onwards. Common facilities for the apartments, like a swimming pool and barbecue pits, will be on the podium’s roof deck. CityDev’s Mr Chia said the design for the yet-to-be-named apartment towers will ‘dramatically redefine the city skyline, which will be another feather in the cap as Singapore aims to become a key architectural centre of the world’.

    The two towers will be linked at three points. The upper-most link, or bridge, is expected to house penthouses, while the two lower links will house sky terraces and gardens.

    Although a residential project, the ground floor of the development will be commercial, featuring food & beverage and retail shops to create vibrancy and life at the street level.

    This will add to URA’s vision to make Marina Bay a vibrant place to live and work.

  3. #3

    Default Re: One Shenton Way

    This development will be very very hot. Which do you think will be better for rental income, One Shenton Way or The Sail?

  4. #4

    Default Re: One Shenton Way

    Quote Originally Posted by christina
    This development will be very very hot. Which do you think will be better for rental income, One Shenton Way or The Sail?
    It is hard to tell at this point in time. I guess whichever nearer to the MRT will be hotter?

  5. #5
    Any complaints please PM me

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    Default Re: One Shenton Way

    Published December 13, 2006

    Good start for sale of Marina Bay Residences


    AT LEAST 130 units are said to have been sold on the first day of preview at Marina Bay Residences yesterday - at prices ranging from $1,700 to $2,000-plus per square foot.

    Rival: Meanwhile, City Developments is drumming up publicity for its project in the vicinity, One Shenton

    Meanwhile, rival developer City Developments began drumming up publicity for a nearby project, One Shenton, comprising 341 apartments in two towers on its 1 Shenton Way site.

    CityDev did not provide pricing indication for its 99-year leasehold project, which will be in 50 and 42-storey towers.

    Nor could it specify the launch date - only giving a general indication that this is expected by year-end or early 2007.

    At Marina Bay Residences, the maiden day of previews was open to staff and directors of the three companies behind the project - Keppel Land, Hongkong Land and Cheung Kong Holdings - as well as to VIPs invited yesterday. Bankers, lawyers, architects and doctors are among those who toured the showflat, which is at One Raffles Quay, BT understands.

    The project's developer, BFC Development Pte Ltd, progressively released more units in the project as it chalked up sales. The 99-year leasehold, 55-storey development, has 428 units in total.

    More units are expected to be released and sold today.

    BFC Development's head of residential marketing Kan Kum Wah would only say in statement last night: 'It is too early to provide any detailed information.

    Yesterday, a number of joint-venture staff members and business partners have toured the show suite and there has been lots of interest and all have been very impressed at what is on offer, but it's too early to provide a sales indication.'

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