KEPPEL Land (KepLand) is starting its Highline Residences on April 30, with a fresh block which has 60 units released on the market. The developer had formerly sold about 86 per cent of the 210 published units at private events held for possibilities that were documented.
The developer had formerly given an indicative cost of S$2,000 psf for houses in the 99-year-leasehold condominium, which is situated within walking distance from Tiong Bahru MRT Station.
Highline Residences consists of 500 one-bedroom to four-bedroom houses, double- penthouses in addition to key flats. They’re spread across three residential towers and four low rise blocks.
There’ll be six penthouses ft to 2,260 sq ft.
Executive director, Joseph Tan, residential services said: The project’s close connectivity to carry nodes and an entire net of comforts in a mature enclave presents powerful principles for future growth.”
Mok Wei Wei of W Architects designs the project and features an elevated ridge that was green on amount five which crosses 180 metres with an extensive variety of communal and amateur facilities. New York’s High Line, a public park constructed on a historical elevated rail line inspired this.
Future residents at Highline Residences may also anticipate personalised concierge services and privileged membership. Included in these are housekeeping and limo services, and complimentary golfing at Ria Bintan Golf Club in Indonesia and privileged accessibility to the golf courses of KepLand in China.
Bernard Lee, manager (business & research) at Huttons Asia, noted the rental market in Tiong Bahru is bouncy because of its low supply.
He included: “Rental rates reached are typically more powerful when compared with other places. This could also be attributed to the exceptional tradition neighbourhood that expatriate tenants love living in.”
Aspial included in S$275 million of sales revenue from its Waterfront @ Faber project that it’s farther locked. The group expects to begin receiving cash flow when the project receives TOP, anticipated to be in H1 2017.