We’re excited to introduce the new freehold condominium, 10 Evelyn, located on Evelyn Road, near Newton Road.
This charming, boutique residential development is in the prestigious District 11 Newton/Novena area, one of the top 3 districts in Singapore. 10 Evelyn is just a 5-minute drive from the Orchard Road shopping district via Scotts Road. The area is an exclusive private residential enclave with upscale condominiums and landed houses.
One of the main attractions of this estate is its freehold status, a rarity in Singapore. Additionally, it’s conveniently located near shopping centers and transport links. Three major shopping malls—United Square, Velocity, and Square 2—are within walking distance. The nearby Newton Road Food Centre is famous for its hawker food, attracting both locals and tourists.
Residents of 10 Evelyn have easy access to both Newton and Novena MRT stations, with Newton station being closer, about a 7-minute walk (520 meters) away. Newton station is an interchange station, offering two MRT lines. The site is also within 1 km of three prestigious boys’ schools and 1.5 km of the Singapore Chinese Girls’ School.
The architecture of 10 Evelyn is elegant and timeless, designed by W Architect led by Mok Wei Wei, known for several high-end residential projects in Singapore’s best areas, such as Nassim Road. This low-rise development consists of 56 units in four 5-storey blocks centered around a courtyard with various facilities, offering one to three-bedroom homes.
Project Information
Name: 10 Evelyn Developer: Creative Investments Pte Ltd (Amara Holdings) Status: Condominium (No restrictions on foreign ownership) Address: 10 Evelyn Road, Singapore 309312 District: 11 Site Area: 2,814.8 m² (30,298 sq ft) Floor Area: 3,940.7 m² (42,417 sq ft) Plot Ratio: 1.4 Tenure: Freehold (Estate in Fee Simple) Expected T.O.P. Date: 1st Half 2020 No. of Blocks: 4 No. of Storeys: 5 No. of Units: 56 No. of Car Spaces: 56 + 2 spaces for handicapped parking Description: Residential development featuring four 5-storey blocks with attics, basement carparks, swimming pool, and communal facilities Architect: W Architect Landscape Architect: Coen Design International Pte Ltd Main Contractor: Precise Development Pte Ltd Developer Solicitor: Rajah & Tann Singapore LLP
Floor Plans
10 Evelyn Site Plan
The 10 Evelyn condo site is a nearly square piece of land, oriented in a north-east to south-west direction, with its southern end facing Evelyn Road. It covers a little over 30,000 square feet and has a low-density plot ratio of 1.4, similar to that of landed housing.
Although the south side of the 10 Evelyn site faces a high-rise condo across Evelyn Road, the other three sides are surrounded by 2 to 3-storey landed homes. This gives the higher floor units a more open view.
The site layout consists of 4 blocks, one at each corner, with each block having only 3 units per floor. These blocks are arranged around a central courtyard with facilities, including a lap pool and pool deck, creating a simple yet efficient design.
Interestingly, while the main entrance is on Evelyn Road, there’s also a strip of land extending from the site to Newton Road, with a side gate between some houses. This provides residents a quicker way to reach the main road within the condo grounds.
10 Evelyn Singapore is being developed by Amara Holdings Limited.
Amara Holdings is a local lifestyle group involved in three main areas: property investment and development, specialty restaurants and food services, and hotel investment and management. They are well-known for their innovative hospitality offerings.
Amara’s Property Investment and Development division covers residential, commercial, and retail sectors. Their property portfolio includes a mix of retail and office assets along with residential developments.
In Tanjong Pagar, Amara owns and manages a retail podium that integrates retail spaces with professional tenants, as well as a 12-storey office tower above it.
The Group has also developed several residential projects, including M5, a prime freehold development at Jalan Mutiara in River Valley; Killiney 118, a freehold development at Killiney Road; The Linear at Upper Bukit Timah; and The Abode @ Devonshire off Killiney Road.
Location
The 10 Evelyn condo is situated in the prime Newton/Novena area. It’s just a 5-minute drive from Orchard Road and 10 minutes from the Raffles Place and Marina Bay Business Districts. This makes it an ideal spot for both homeowners and investors.
Nearest MRT Station
Newton MRT station is about a 7 to 8-minute walk, or 520 meters, from 10 Evelyn. The station serves the North-South and Downtown lines, providing direct access to places like the Singapore Botanic Gardens, Chinatown, Orchard Road, Raffles Place, and Marina Bay.
Shopping, Banks, Supermarkets, Food
One of the great things about 10 Evelyn’s location is its proximity to major shopping centers. A 5-minute walk (350 meters) via a side gate, across Newton Road, and through Surrey Road takes you to United Square. This mall offers everything from a supermarket and child enrichment centers to shops, salons, cafes, and various dining options.
If that’s not enough, you can walk 530 meters (about 8 minutes) to Velocity @ Novena or Square 2, both of which are sizable malls as well.
Schools
The area is excellent for families with young boys, with three well-known boys’ schools within a 1 km radius: St. Joseph’s Institution Junior, Anglo-Chinese School (Barker Road), and Anglo-Chinese School Junior (Winstedt Road). For girls, the Singapore Chinese Girls’ School is within a 2 km radius. Additionally, Etonhouse Pre-School (Newton) is just a couple of minutes’ walk up Newton Road.
Accessibility
Getting onto the expressway network from 10 Evelyn is easy. A 5 to 10-minute drive will take you to the exits for the CTE (Central Expressway) and the PIE (Pan Island Expressway).
Welcome to the launch of Klimt Cairnhill, a new high-end condo with freehold units. Located on Cairnhill Road, near Orchard Road in District 9, this luxury development is by Glopeak Development, a subsidiary of Low Keng Huat Limited. It stands on the former Cairnhill Mansions site.
For the past 100 years, Cairnhill has been home to Singapore’s wealthy elite. While much has changed over time, the area’s heritage remains. Today, Cairnhill is still one of Singapore’s most desirable residential neighborhoods, known for its tranquility in the city’s heart.
Klimt Cairnhill will rise 36 storeys high, with a striking golden facade that will become a notable landmark over the Orchard Road skyline. The condo will feature 138 freehold units, ranging from stylish 2-bedroom apartments to lavish 6-bedroom penthouses. Each unit and the communal facilities are carefully designed for visual and sensory appeal.
A special feature is a conserved heritage bungalow, transformed into an elegant clubhouse with lounges and private dining rooms, offering a charming space for entertaining guests.
Overall, Klimt Cairnhill provides a beautiful place for owners and residents to relax, work, and entertain.
This site is located along Cairnhill Road, on the edge of the Orchard Road precinct, in the heart of Singapore’s prime District 09. It sits in a mostly residential area with other high-end condos, conserved heritage shophouses, and luxury hotels.
Klimt Cairnhill’s location is very convenient. It’s about a 7-minute walk from Newton MRT interchange station, which connects the North-South and Downtown MRT lines. It’s also a similar walking distance to the well-known Newton Food Centre via Anthony Road.
One advantage of this site is the ample space around it. Most nearby buildings are low-rise or a bit further away, providing an open feel. To the south and southeast, a row of low-rise shophouses allows for a long, open view. To the west, the grounds of Goodwood Park Hotel offer a similarly unobstructed feel. Both the shophouses and Goodwood Park Hotel are low-rise heritage structures, unlikely to be built up in the future, ensuring the views remain open. The best views might be to the north, across Scotts Road, where you can see the greenery of Goodwood Hill with its old colonial houses amidst mature trees.
Cairnhill Road is within walking distance of Orchard Road, though it’s a bit of a long walk. Klimt Cairnhill residents will benefit from being close to the Orchard shopping belt, the longest retail and dining street in Singapore. For closer dining options, Sheraton Towers Hotel is within a 5-minute walk diagonally across Scotts Road.
There is also a smaller retail, banking, and dining cluster at Novena, less than 2 km up Scotts and Newton roads. This area includes malls like United Square, Novena Square, and Velocity@Novena Square, offering a variety of shops, dining options, and supermarkets.
Klimt Cairnhill’s location is likely to appeal to families with young children looking for a home near the Bukit Timah education belt. The Downtown MRT line connects to several highly-regarded schools and international schools within a few stops from Newton. Additionally, the site is within 2 km of well-known schools such as Anglo-Chinese School, River Valley Primary, St Joseph’s Institution Junior, and St Margaret’s Primary.
Klimt Cairnhill condo sits on prime real estate in a desirable District 09 neighborhood. It offers freehold tenure and is conveniently located, being a short walk to Newton MRT station, close to Orchard Road, and near the CBD.
The features that attract home buyers also appeal to potential tenants, with a strong demand from those working around Orchard Road and the CBD. Additionally, the nearby Novena medical cluster provides a steady stream of potential tenants.
Novena is set to become one of Singapore’s largest healthcare hubs under URA’s Master Plan, further increasing its appeal. Even now, the Orchard/Newton/Novena area shows healthy rental demand, with numerous rental leases signed monthly, according to URA records.
This project could be attractive to investors looking for a solid property in a prime location, offering a safe haven for their funds. Singapore’s prime real estate is currently ranked among the most attractive compared to other global financial centers. For more information, you can refer to articles like “Luxury Real Estate Markets in 2020” and “Singapore Home Sales.”
Project Information
Name: Klimt Cairnhill Developer: Glopeak Development (a unit of Low Keng Huat Singapore Limited) Status: Condominium (foreigners eligible to buy) Address: 71 Cairnhill Road, Postal Code 229725 District: 09 Site Area: 5,843.9 m² (62,903 sq ft) Floor Area: 21,890.09 m² (235,625 sq ft) Plot Ratio: 3.74 Tenure: Freehold Expected TOP Date: 3 October 2025 Number of Storeys: 36 Number of Lifts: 7 (including 3 private lifts) Number of Units: 138
Project Description: Conservation of the existing single-storey bungalow and construction of a new 36-storey residential building comprising 138 units. The development will include a 4-storey multi-storey car park, a basement car park, a swimming pool, and communal facilities on lots 00819C, 00838W, 00836C, and 00844T TS 27 at Cairnhill Road.
The Klimt Cairnhill site is an irregularly shaped plot of land accessible via Cairnhill Road along its eastern boundary.
It consists of four combined land parcels, with the largest being from the former Cairnhill Mansions at the top of the site. The other three parcels are from 67 Cairnhill Road and two adjacent plots – lots 836C and 844T of Town Subdivision 27 – acquired later.
The total area is 62,903 square feet. While not extremely large, it’s a decent size for a freehold site, allowing the architect to include more communal facilities and landscaping than many freehold sites offer.
To the north of the site is another high-rise condominium, Trendale Tower, separated by the low-rise facilities section of Scotts 28.
To the south, Klimt Cairnhill faces the high-rise Ritz-Carlton Residences, also separated by a nicely landscaped low-rise section.
For mid to high-floor residents, views open up to the southeast and west. Along the eastern edge of Cairnhill Road is a row of Peranakan conservation shophouses, creating space on that side.
To the west, between the high-rise Scotts 28 and High Point condominiums, are the expansive grounds of the low-rise Goodwood Park Hotel. Beyond that, across Scotts Road, are the Tanglin Club and the American Club.
The unobstructed views on this side stretch quite far, but units facing this way will get the afternoon sun, which is a mixed blessing.
The site layout features a single 36-storey high tower with a conservation bungalow at its base. Facilities are spread over three levels: the ground floor or garden level, the 5th level, and the 14th floor where the Horizon Terrace is located.
The Klimt Cairnhill site is made up of four merged land parcels. The largest of these is 69 Cairnhill Road, the former site of Cairnhill Mansions. The developer, Low Keng Huat, purchased this site in an en bloc sale for SGD 362 million on 14 February 2018. It was the first collective land sale in the prime Cairnhill area in a while.
This freehold plot has a land area of 43,103 square feet and a gross floor area of 156,581 square feet, resulting in an effective plot ratio of 3.63, higher than the usual 2.8 for the area. Based on this plot alone, the land cost was $2,311 per square foot per plot ratio (PSF PPR).
Later, in June 2018, Low Keng Huat, through its unit Glopeak Development, acquired three adjacent lots, including 67 Cairnhill Road and two smaller plots. These additional parcels, all freehold, cost $100 million and span 19,800 square feet with an allowable plot ratio of 2.8. This equates to a gross floor area of 55,440 square feet, costing around $1,804 PSF PPR.
Combining these acquisitions, the overall average cost for the Klimt Cairnhill site is approximately $2,179 PSF PPR. After considering financing, overheads, marketing, construction, and other development costs, the break-even point could be around $2,750 PSF.
Given these figures, it is not hard to imagine a selling price in the $3,000+ range. For comparison, freehold launches in the Orchard Road area, such as Boulevard 88, 3 Orchard-by-the-Park, and Nouvel 18, are averaging around $3,300 to $3,800 PSF. Nearby, the last three remaining units at The Ritz-Carlton Residences are priced at around $3,800 PSF.
Developer
Klimt Cairnhill Singapore is being developed by Glopeak Development, a subsidiary of Low Keng Huat (Singapore) Limited (LKHS), a publicly listed construction and property group in Singapore.
LKHS started as a general building construction company in Singapore in 1969. Over the years, it has played a significant role in shaping Singapore’s skyline.
Today, LKHS is a diversified group with 12 associated companies and 33 subsidiaries focused on three core business areas: property development, construction and civil engineering, and property investment.
LKHS is one of the largest civil engineering and construction firms in Singapore by capitalization. It is qualified as an A1 registered contractor under the Building and Construction Authority (BCA) grading system, allowing it to tender for public sector contracts of unlimited value.
The Group is also involved in property development in Singapore and Malaysia. This dual focus on construction and development allows LKHS to maintain control over the quality of its projects and achieve cost savings by constructing its own developments.
Notable projects by LKHS include Uptown @ Farrer, One-North Residences, South Bank at North Bridge Road, Duchess Residences at Duchess Avenue, The Minton at Hougang, Twin Regency at Kim Tian Road, and Panorama, a luxury condominium near Kuala Lumpur’s city center.
Additionally, LKHS has a portfolio of investment properties in Singapore, Malaysia, and China. It owns and manages luxury hotels in Perth (Australia) and Ho Chi Minh City (Vietnam) under its in-house Duxton Hotel brand.
Location
Klimt Cairnhill is located on Cairnhill Road, near the Orchard Road precinct. It is a 2-minute drive to Orchard Road and less than 15 minutes to the Raffles Place and Marina Bay CBD and financial district. This central, upscale location is convenient for both residents and investors.
Nearest MRT Station
The nearest MRT station is Newton interchange, about 500 meters or a 7 to 8-minute walk via Scotts Road or a quieter path up Anthony Road. From Newton station, you can reach Orchard station in one stop and Raffles Place in five stops (12 minutes) on the North-South Line. The Downtown Line from Newton connects to Bukit Timah, the Botanic Gardens, Bugis, and Bayfront.
Retail, F&B, Supermarkets, Lifestyle, Banks
Klimt Cairnhill is a 2-minute drive to Orchard Road, Singapore’s main shopping street, offering everything from high fashion and electronics to daily necessities. There are branches of major banks and a variety of dining options, from fast food to fine dining. Alternatively, you can take the train one stop to the malls around Novena station, which also offers shops, eateries, food courts, child enrichment centers, and supermarkets.
Medical Amenities
The location is near two major healthcare hubs. Mount Elizabeth, known for medical tourism, includes Mount Elizabeth Hospital and Paragon medical center. Novena is developing into one of Singapore’s largest medical hubs with HealthCity Novena, a 17-hectare integrated healthcare complex set to be completed by 2030.
Schools
Klimt Cairnhill is within 1 km of St Margaret’s Primary at Wilkie Road and Anglo-Chinese School (Junior) at Winstedt Road. It is also within 2 km of notable schools like Anglo-Chinese School (Barker Road), St Joseph’s Institution Junior at Essex Road, and River Valley Primary School. Schools along Bukit Timah Road, such as Raffles Girls Primary School, Singapore Chinese Girls’ School, and Hwa Chong Institution, are also easily accessible by MRT.
Accessibility
The central location allows quick access to the town center and Central Business District. It is less than a 2-minute drive to the nearest CTE exit at Cairnhill Circle, providing easy access to the expressway network.
Introducing Irwell Hill Residences by CDL Perseus, part of City Developments Pte Ltd. This new high-rise private residential development is located at Irwell Bank Road in the River Valley area, close to Orchard Road’s shopping district.
Irwell Hill Residences are in District 9, one of Singapore’s most prestigious areas, surrounded by luxury private residences. It’s less than a 15-minute walk from Orchard Road and also close to Robertson Quay along the Singapore River.
For families, River Valley Primary School, a highly regarded school, is within a 1 KM radius and less than a 15-minute walk away.
The location is central and easily accessible, just 200 meters or a 3-minute walk from the Great World MRT station on the Thomson-East Coast Line (TEL), set to open around 2022, before Irwell Hill Residences is completed.
Its proximity to the CBD makes it appealing for those working in central Singapore, being only a 10-minute drive from Raffles Place, Marina Bay, and Shenton Way Business District.
Irwell Hill Residence offers an opportunity to own a home or investment property near Orchard Road at a more affordable price compared to the usual District 9 properties. Additionally, it promises to be an architectural standout, designed by the renowned Dutch firm MVRDV, known for their innovative and sustainable designs.
Built by City Developments, a reputable and trusted developer in Singapore, Irwell Hill Residences guarantees quality and excellence.
Nearby, the Great World City mall is about 250 meters down Kim Seng Road. This mall is likely the most convenient place for residents to shop, with various stores, a supermarket, food and beverage outlets, a food court, and lifestyle services.
A bit further, you’ll find Kim Seng Park and the Singapore River, which flows around the upcoming Fraser Residence Promenade and down to Robertson Quay. This area is known for its lively nightlife, with plenty of dining and entertainment options.
Fraser Residence Promenade, a mixed development currently under construction, includes the Rivière, a 99-year leasehold property similar to Irwell Hill Residences. Rivière re-launched for sale at the end of 2020, with prices between $2,400 to $3,000 per square foot (PSF).
In this area, prices for 99-year leasehold properties generally range from SGD$2,680 to $2,860 PSF. However, CDL Perseus secured the Irwell Bank site at a lower land rate of SGD$1,515 PSF, allowing them to price below the market rate while still making a profit.
The area has a thriving community of expatriates attracted to its vibrant atmosphere, making Irwell Hill Residences an appealing investment for those looking for strong tenant potential.
The Irwell Hill showflat will open in March 2021. Viewings for the preview will be by appointment only, on a first-come, first-served basis, with limited slots available due to capacity restrictions.
Project Information
Name: Irwell Hill Residences Developer: CDL Perseus Pte Ltd Status: Condominium (Foreigners eligible to buy) Address: Block 2 & 6 Irwell Hill (off Irwell Bank Road), Singapore District: 09 Site Area: 12,786.5 m² (137,634 sq ft) Floor Area: 35,802.2 m² (385,374 sq ft) Plot Ratio: 2.8 Tenure: 99 years starting from 13 April 2020 Estimated TOP Date: 30 September 2026 Number of Blocks: 2 Number of Storeys: 36 Number of Units: 540 Concept Architect: MVRDV B.V Principal Architect: ADDP Architects LLP Landscape Consultant: Ecoplan Asia Pte Ltd Project Interior Designer: Index Design Pte Ltd
Floor Plans
About the Penthouses
Irwell Hill Residences will feature only 3 exclusive penthouses:
PH1 at Block 6, #36-09: 4 bedrooms, 2,185 sq ft
PH2 at Block 6, #36-15: 4 bedrooms, 2,228 sq ft
PH3 at Block 2, #36-08: 5 bedrooms with a private lift, 2,605 sq ft
Please note that the listed areas include strata voids.
Irwell Hill Residences Site Plan
Irwell Hill Residences is located on a mid-sized, somewhat elongated corner site of approximately 137,000 square feet. Its longest side faces west along Irwell Bank Road, with a shorter side facing south along River Valley Road.
To the north, a new short cul-de-sac road provides access to the site, with an empty plot of reserve land across the road. To the east are two older developments: the 13-storey Riva Lodge apartments and the taller, 24-storey Leonie Towers condominium, which has two blocks set wide apart with a pool and facilities in the center. This layout offers unblocked eastern views for Irwell Hill residents.
To the west, across Irwell Bank Road, are older low-rise apartments and houses. The zoning here ensures these will remain low-rise even if redeveloped, so the western views from Irwell Hill should stay unblocked.
Interesting Trivia
The distance between the South and North towers is 63 meters, about the length of two tennis courts.
The heritage rain trees on the site are estimated to be between 35 to 45 years old.
There are around 1,500 metallic cuboid feature frames on the facades of both towers. These frames change color slightly between gold and champagne as the sun moves, creating an interesting play of shades on the towers’ facades.
Approximately 60% of the grounds are dedicated to facilities, including four leisure pools: the 50-meter Infinity-Edge Raintree Pool, a 35-meter Club Pool, a Play Pool, and a Spa Pool.
The function rooms and co-working spaces at the Sky Terraces are equipped with Wi-Fi and power points for conferences and meetings.
Showflat
Irwell Hill Condo Showflat Layouts
The Irwell Hill condo showflat will showcase three types of layouts:
1 Bedroom + Study: Type A3S(b), 46 sq m / 495 sq ft
2 Bedroom Premium: Type B5(b), 61 sq m / 657 sq ft
4 Bedroom Premium: Type D2(b), 147 sq m / 1582 sq ft
CDL Perseus, a subsidiary of City Developments Pte Ltd, won the 137,632.6 sq ft Irwell Bank site through a Government Land Sale with a top bid of SGD$583.9 million, beating six other bidders. According to Ong Teck Hui, senior director of research and consultancy at JLL, this top bid was lower than expected.
The site is zoned for residential use under the URA Master Plan, with a plot ratio of 2.8. This allows for a maximum Gross Floor Area (GFA) of 385,379.9 square feet. The land rate is approximately $1,515 per square foot per plot ratio (PSF PPR).
After considering all financing, regulatory, construction, and related costs, the break-even price for the developer is estimated to be around $2,100 per square foot (PSF). Any launch price above this would mean a profit for CDL.
Nicholas Mak, head of research and consultancy at ERA Realty, noted that the median prices for 99-year leasehold condos in the area range between $2,680 PSF and $2,860 PSF. Given the land rate of $1,515 PSF PPR for the Irwell Bank Road site, the developer could earn a reasonable profit if the new condos are launched at these current prices.
Developer
Irwell Hill Residences is being developed by CDL Perseus, a subsidiary fully owned by City Developments Pte Ltd (CDL). CDL is a prominent global real estate company operating in 106 locations across 29 countries and regions. Listed on the Singapore Exchange since 1963, CDL is one of Singapore’s largest companies by market capitalization and a leading international hotel and property conglomerate.
CDL is connected to a network of over 300 associated companies and subsidiaries worldwide, with seven listed on stock exchanges in London, the Philippines, New Zealand, and Hong Kong.
In Singapore, CDL is a highly trusted and reliable developer with a 55-year track record in real estate development, management, and investment. The Group has developed over 46,000 homes in Singapore and key overseas markets, including the UK, Australia, Japan, and China. CDL also owns more than 24 million square feet of gross floor space in commercial, residential, and hospitality assets worldwide.
Some of CDL’s notable local developments include:
St Regis Residences
Nouvel 18
Boulevard 88
Gramercy Park
Cliveden @ Grange
New Futura at Leonie Hill
Residences @ Evelyn
The Glyndebourne
The Sail @ Marina Bay
The Pier at Robertson
The Oceanfront @ Sentosa Cove
Golden Hill Villas
Amber Park
MeyeRise
Goldenhill Park
South Beach with South Beach Residences (a mixed development) at Beach Road
Location
Irwell Hill Residences is situated at Irwell Bank Road, just off River Valley Road. This prime location is on the edge of the upscale Orchard Road shopping district and only a 5 to 10-minute drive from the Central Business District (CBD) and Marina Bay financial districts.
Retail, Dining, and Amenities
This area of River Valley Road is well-served with shopping, dining, and banking options. To the north lies Orchard Road, a retail paradise. Residents can reach the Orchard Road/Paterson Road intersection and Ion Orchard with a less than 15-minute walk up Paterson Hill. A 12-minute walk via Grange Road brings you to Scape and Ngee Ann City, right in the heart of the shopping belt.
Closer to home, less than a five-minute walk from Irwell Hill Residences, is Great World City mall, offering a one-stop shopping experience with a food court, fast food outlets, cafes, restaurants, supermarket, and various retail and lifestyle stores.
Lifestyle Amenities
Irwell Hill Residences is about a 7-minute stroll from the Singapore River and Kim Seng Park. From there, a promenade runs along the riverbank to Robertson Quay, Clarke Quay, Boat Quay, and the CBD, allowing residents to walk or cycle to work if they wish.
These areas along the Singapore River are known for their vibrant nightlife, offering wine bars, bistros, pubs, hotel cafes, specialty cafes, restaurants, alfresco dining, and art houses. The cosmopolitan vibe combined with the charm of conserved shophouses creates a pleasant atmosphere for socializing or enjoying an intimate dinner by the river.
Schools
For families, Irwell Hill Residences is conveniently located about 600 meters from River Valley Primary School, which is approximately a 12-minute walk away via Kim Seng Park. Within a 2 km radius, there are other schools like St. Margaret’s Primary at Wilkie Road, Anglo-Chinese School (Junior) at Winstedt Road, and Alexandra Primary School at Prince Charles Crescent.
Nearby international schools include Chatsworth International (Orchard Campus) at Cairnhill Road and the International School Singapore (Paterson Campus).
Nearest MRT Station
Irwell Hill Residences is about a 12-minute walk (900 meters) to Orchard MRT station on the North-South Line. Once the Great World MRT station opens in 2022, it will be just 200 meters away, or a less than 3-minute walk. This station, on the Thomson-East Coast Line, will connect residents to Orchard Road, Shenton Way, Marina Bay, and the East Coast of Singapore.
Accessibility
Located in Singapore’s Core Central Region (CCR), Irwell Hill Residences is near the central business and financial districts. It is less than a 10-minute drive during off-peak hours to Marina Bay, Raffles Place, and Tanjong Pagar, making it appealing to potential tenants working in these areas.
Introducing The Landmark, a new high-rise residential development with 396 units, set to launch for sale in mid-November 2020. It will be located on the site of the former Landmark Tower on Chin Swee Road.
The Landmark condo is a project by Landmark JV, a joint venture between ZACD Group, SSLE Development, and Singapore-based MCC Land.
This 99-year leasehold development will be situated on Pearl’s Hill City Park, between Outram and Havelock, near the Central Business District (CBD).
The Landmark will consist of a single 39-storey tower with a variety of unit types, including one to three-bedroom apartments. The sizes range from 495 sq ft for the smallest unit to around 1,141 sq ft for the largest.
Thanks to its elevated location, The Landmark will offer unobstructed views of the park and city skyline. The developers selected this site to provide residents with a unique combination of urban living and proximity to nature.
Few projects in space-constrained Singapore can boast such extensive greenery and open views, especially so close to the city center.
The design is by Swan & Maclaren, Singapore’s oldest architectural firm with a long history of successful projects.
The main downside is that there isn’t an MRT station right next door. The closest one is probably Chinatown station, which you can reach in about 7 to 8 minutes by walking through Pearl’s Hill Park and down Upper Cross Street.
If you don’t mind a slightly longer walk, Clarke Quay station and Clarke Quay itself are about 11 to 12 minutes away. Outram Park station is also nearby, about the same distance by the main road. You can get there faster by cutting through Pearl’s Hill southwards, especially if you use the nearest entrance of the Thomson-East Coast MRT Line (TEL).
Outram Park station is one of the few triple-line interchange stations, connecting the East-West, North-East, and Thomson-East Coast lines, providing great flexibility. This stage of the Thomson line is expected to open in 2021, before The Landmark condo is completed.
This means residents will have a direct line to the Raffles Place/Marina Bay business district in the south and Orchard Road in the north, within 3 to 4 stops.
The closest comparison is probably One Pearl Bank, located on the other side of Pearl’s Hill City Park. This 99-year leasehold project launched in July 2019.
By November 2019, One Pearl Bank had sold 242 units at an average price of $2,387 per square foot (PSF). One Pearl Bank benefits from being closer to Outram Park MRT station.
However, The Landmark condo is expected to offer more competitive pricing, making it a good option for cost-conscious buyers. It still enjoys the same attractive location features that made One Pearl Bank a hit in 2019.
In addition to its proximity to the CBD, The Landmark is near the Singapore River, Robertson Quay, Chinatown, and Tiong Bahru. These areas are known for their vibrant dining and nightlife scenes.
The Singapore General Hospital (SGH) is also nearby. There is a 20-year master plan to expand SGH into a larger medical complex, creating a major healthcare hub.
This proximity to the future SGH campus is likely to attract investors, as it will provide a strong potential tenant pool of medical professionals and healthcare staff.
Project Information
The Landmark – Project Details
Name: The Landmark Developer: Landmark JV Pte Ltd (Joint Venture of ZACD Group, MCC Land, and SSLE Development) Status: Condominium (Foreigners eligible to buy) Address: 173 Chin Swee Road, Singapore 169897 District: 02
Site Area: 6,706.8 m² (72,192 sq ft) Floor Area: 26,256 m² (282,624 sq ft) Plot Ratio: 4 (Gross 4.25) Tenure: 99 years from 28th August 2020 Official T.O.P. Date: 30 March 2025
No. of Storeys: 39 No. of Units: 396 Car Parking:
Basement Car Park Spaces – 315
Open-to-sky Surface Carpark Spaces – 2
Handicap Accessible Spaces – 4
Description: 1 block of 39-storey condominium development including basement carpark, communal facilities, and swimming pool on lots 00269P, 00270W, 00599T & 00601N of Town Subdivision 22 at 173 Chin Swee Road
The Landmark site is an irregularly shaped piece of land fronting Chin Swee Road. It is nestled against Pearl’s Hill, with Pearl’s Hill City Park surrounding it from the east to the south.
This location offers expansive open views, at least 180° wide. Lower floor units facing this direction can enjoy the greenery of the park, with views of bushes and treetops. Higher floor units have distant views, stretching over the rooftops of Chinatown to the CBD city skyline and beyond.
Even on the north and northwest sides, there are relatively open views, facing the road with the CTE tunnel below. High floor units on this side may have glimpses of Robertson Quay and River Valley.
Overall, the nighttime views are quite impressive.
Showflat
The Landmark showroom will feature the following unit types:
One Bedroom: Type A1, 48 m² (517 sq ft)
Two Bedroom: Type B3, 63 m² (678 sq ft)
Three Bedroom: Type C2, 106 m² (1,141 sq ft)
The ceiling height will be approximately 2.9 meters in the main rooms and around 2.4 meters in the corridors, kitchen, bathrooms, and other areas.
The units will include branded fittings, with kitchen appliances by Miele and main bathroom fittings from Gessi.
The Landmark condo occupies a 60,822 square foot area. The land is designated as “residential” with a plot ratio of 4 according to the URA Master Plan, allowing for a Gross Floor Area (GFA) of nearly 243,288 square feet.
The developer bought the site in May 2018 for SGD$286 million and paid an additional lease upgrade premium of around SGD$57 million, bringing the land cost to about SGD$1,406 per square foot per plot ratio (PSF PPR).
Including development, construction, financing, and marketing costs, the break-even price is estimated to be about $1,960 PSF PPR. This is roughly $130 PSF lower than the break-even price for One Pearl Bank. Consequently, The Landmark is expected to have a lower selling price compared to the average transaction price of nearly $2,400 PSF at One Pearl Bank.
Developer
The Landmark condo is being developed by Landmark JV, a joint venture led by ZACD Group, along with MCC Land and SSLE Development. MCC Land is the Singapore-based property development arm of the Chinese state-owned MCC Group. SSLE Development is the investment arm of Sin Soon Lee, a construction company, and its real estate division, Elitist Development. ZACD Group and SSLE Development together hold a 70% share in Landmark JV, while MCC Land holds the remaining 30%.
ZACD Group Limited (“ZACD” or the “Group”)
Established: 2005
Headquarters: Singapore, listed in Hong Kong
Specialties: Property development and management, asset management, fund management, and financial services
Reputation: Known for identifying opportunities early and capturing first-mover advantages
Key Projects: JadeScape, Le Quest, Parc Centros, Flo Residences, Vue 8, iNz Residence, and RiverParc Residence
International Investments: Investments in commercial buildings, serviced apartments, and hotels in Malaysia and Australia
MCC Land (Singapore) Limited (“MCC Land”)
Established: 2010
Achievements: Developed five projects, co-developed two, and manages five others. Ranked among Singapore’s top 10 developers for three consecutive years, and received the “Asia’s Top Influential Brands” award.
Key Projects: Poiz Residences, Canberra Residences, The Canopy, The Nautical, and One Canberra
Location
The Landmark is located on the north-western side of Pearl’s Hill, in the Havelock-Outram-Chinatown neighborhood. It’s on the edge of the Central Business and Financial District, near Tanjong Pagar, and just a 5-minute drive from Orchard Road via Clemenceau Avenue.
Retail, Dining, Banks, Supermarkets, Hotels
The Landmark is about a 7-minute walk through Pearl’s Hill Park to Chinatown, home to older shopping centers like People’s Park Centre, People’s Park Complex, and Chinatown Complex. These areas are prime candidates for future redevelopment.
For more upscale shopping and dining, Orchard Road is a 5-minute drive away. Additionally, Liang Court and Clarke Quay, with their wide range of dining options, are within a 10 to 15-minute walk.
Nearest MRT Station
The closest MRT station is Chinatown station on the North-East Line, about a 7 to 8-minute walk by cutting through Pearl’s Hill City Park to Pearl’s Hill Road and Upper Cross Street.
Alternatively, walking south through the park to Outram Park Road can get you to the Thomson-East Coast Line entrance of Outram Park station in roughly the same or even shorter time. Outram Park station is an interchange connecting the North-East Line, East-West Line, and Thomson-East Coast Line, set to be completed by 2021.
Lifestyle Destinations
Nearby is the future Greater Southern Waterfront city, just down Cantonment Road. This grand vision from the URA Master Plan will extend the CBD westward to Pasir Panjang, offering dining, shopping, and a 30 km waterfront promenade with a green corridor from Gardens by the Bay to Labrador Park.
Accessibility
The Landmark is in the Core Central Region, near the CBD and Orchard Road, making it attractive to investors targeting tenant pools in these areas. It also provides quick access to the expressway network via the Central Expressway (CTE), just down the road.
