https://southbeachresidences-official.sgSouth Beach Residences is a modern establishment that has set new standards in regard to architecture and luxury living. This integrated development features a mix of commercial spaces, penthouses, retail shops, grandeur condo and apartments. A hotel with members-only clubhouse is an additional facility Investors and homeowners here can enjoy.
This mixed development structure contains 190 deluxe residential units all located within the upper 22 storeys, 500,000 square feet of state of the art office space and a 5-star hotel occupying the remaining 23 floors. Here residents can wine and dine, go shopping, and party the night away without setting foot out of the building premises. Savvy homeowners and investors are scrambling for their own share of what South Beach residencies have to offer as they find this level of convenience extremely alluring.
From the penthouses and apartments, one can see 360-degree views of the entire town. Placing the residential units in the upper floors was a deliberate move aimed at rewarding the owners with breathtaking sights like the Marina Bay and the Central business district both which are only a stone throw away.
Within sight is the War Memorial which sits on conserved land along with three more historic structures preserved for their cultural, heritage, and architectural significance. Ultimately this contributes extensively to the visual appeal of south beach residences. Residents here will enjoy various amenities, and easy access in and out of the city thanks to an underground passage linking to the City Hall MRT station, Suntec City, and Esplanade MRT station. The underground passage becomes an expedient option especially when it is raining heavily outside or you are trying to stay away from the scorching sun, here you can also find retail outlets, restaurants, and food joints which almost eliminates the need to head out of to the CBD to eat or shop.
The South Beach Residencies penthouses and condos apartments are divided as follows;
. One five bedroom penthouse measuring 5,768 square feet
. Two four bedroom penthouses measuring 4,127 to 5,629 square feet
. Three three bedroom penthouses measuring 3,581 to 5,048 square feet
. 35 four bedroom apartments and condos measuring 2,282 to 2,627 square feet
. 61 three bedroom condos and apartments measuring 1,733 to 2,260 square feet
. 88 two bedroom apartments measuring 968 to 1647 square feet
Amenities near South beach Residences include Schools and learning institutions such as;
- Creatif Mindz Education Center
- Pusat Pendidikan Azhar
- Stamford Primary School
Hotels such as;
- Asia Grand
- Si Chuan Dou Hua
- Pascar Beila
- District 10
If you reside here and want to go shopping outside of South Beach Residences, you will be spoilt for choice. Nearby shopping centers include;
- Raffles City
- Suntec City
- Bugis Junction
The brains behind South Beach Residences is the renowned City Developments Limited-CDL. The developer ranks top among prominent landlords in the area. Founded in 1963, this is no new player in the development arena with numerous world-class projects to its name. What with properties in North America, New Zealand, the Middle East, Asia, and Europe, CDL has proven to be an international property developer transforming the bare land into the most magnificent spaces. They are famous for working on integrated structures that conform to the needs of the environment which has, in turn, earned them recognition both internationally and in Singapore
The Amber Park (Now The Opus) in Singapore which covers a 200-unit development in Amber Gardens has been sold to two privately owned companies. The Hong Leong Group purchased Amber Park for a value estimated to be S$906.7 million.
Among the units involved in Singapore’s latest collective sale of Amber Park are listed Hong Reality and the City Developments’ fully-owned subsidiary Cityzens Developments(CDL). Hong Reality as a shareholder of this project holds a 20% stake. Besides, it is the private real estate branch of the Hong Leong Group.
According to the 2014 Master Plan, the Amber Park site(approximately 213,670 sq ft) is meant for residential use. The gross plot ratio was to be 2:8. Depending on the technical height regulations imposed by concerned authorities, Amber Park Site may be renovated and developed so that it can sustain the increase apartment development of about 24-26 storeys.
In a statement, on Wednesday,4th of October, Mr.Tan Hong Boon(regional director at JLL) said that so far they have received eight bids for tender. He also claimed that the bids for tender is very competitive and it is keenly contested.
Sources indicate that the value(S$906.7 million) under which Amber Park was sold translates to a land rate of around S$1,515/sq ft per plot ratio. This is in reference to the initial gross plot ratio of 2:8. Remember, development fees are not payable for the proposed development. History shows that this the 4th time that Amber Park was offered for sale collectively.
Mr.Tan in his statement claims that apart from Amber Park Site in Amber Road location, there are no many sites of the same size that are there for redevelopment in Singapore. He says that majority of the bigger projects have been sold en bloc. They have also been redeveloped for the last couple of years.Mr.Tan also noted that there is a high chance of Amber Park being one of the last collective sale sites that has a land area of over 200,000 sq ft in the city.
Under the sale which the Park was sold, its owners anticipate getting gross sale proceeds that range from S$4.3 million to S$8.3 million for every owner. Elsewhere, CDL claims that is conversant with the District fifteen locale.CDL is proud of itself by developing the current 200 unit Amber Park in 1980s and finished it in 1986.
Hong Reality and CDL are planning to redevelop Amber Park Site to become a want way destination for people in Singapore. The site will consist of four storey building that has up to 800 units with a basement carpark. This proposal is subject to approval. Majority of apartments will comprise of a North to South facing orientation. Most units will also have commanding sea views.
Mr.Kwek Sherman( CDL C.E.O/designate) noted that when they won tender for redeveloping Amber Park in 1980s, it was one of the most vital investment deals in the country of Singapore residential market in recent times. He says that they were honored to redevelop the site into an iconic landmark(for the opus) that offers freehold status in Singapore.
Learn More: https://theopus-official.sg
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