The high, spacious life in Scotts

8 Jun 06

By ARTHUR SIM

CAPITALAND'S latest residential development, Scotts HighPark in Scotts Road, will have large four-bedroom units with verandas that create the feeling of living in a penthouse or landed home. Duplexes even come with outdoor jacuzzis. The 73-unit boutique development has 37 four-bedroom units in a 27-storey tower and 36 two- and three-bedroom units in a 19-storey tower. CapitaLand says it has received 250 expressions of interest. Private previews are expected soon.

http://business-times.asia1.com.sg/mnt/media/image/launched/2006-06-08/BT_4184630_07_06_2006.jpg

This is the site close to Newton MRT. It is sandwiched between Sheraton Towers & Goldbell Tower.

The site used to be occupied by a hotel, the Melia at Scotts.

the balcony in the rendering looks SPACIOUS.

Developers capitalise on surge in demand for high-end homes

8 Jun 06

CapitaLand to start previews for its Penthouse Seriesin Scotts HighPark

AS LUXURY home prices climb to new highs, developers are moving to capitalise on the upswing by further whetting buyers' appetites with new launches of upscale apartments.

Yesterday, CapitaLand said it will soon start previews for its latest development, the 73-unit Scotts HighPark, which boasts a 27-storey block consisting exclusively of spacious apartments of over 3,466 sq ft called the Penthouse Series.

City Developments (CDL) also said it will release 30 more units of its St Regis Residences, where a unit recently set a record price at over $3,000 per sq ft. And Hong Leong Holdings aims to launch its luxury 85-unit Tate Residences this quarter.

The niche high-end homes market is on an uptrend, with new developments reporting favourable sales largely owing to foreign demand.

At St Regis Residences, about 65 per cent of the buyers are from Britain, the United States, Japan, China, Hong Kong, Indonesia and Malaysia.

Since its June 1 launch, CDL has sold 58 of the 173 units at $2,500 to $2,600 per sq ft (psf) on average, and has raised the price of some apartments by 2 per cent to 3 per cent.

Over at the 91-unit Newton One, the Lippo Group has sold 60 units at $1,230 psf on average since its mid-May preview and said prices have gone up to $1,420 psf.

Yesterday, Cheung Kong Holdings also said it has sold 232 units of its 248-unit Cairnhill Crest condominium and has booked a profit of $640 million from the sales.

The 40 units that it sold in March and April were at an average price of $1,825 psf.

More than 70 per cent of Cairnhill Crest owners are foreigners from countries such as Indonesia, China and Australia.

'The recent surge in positive sentiment in the high-end market has attracted a lot of buying interest from foreigners, and developers are trying to capitalise on it,' said property consultancy Knight Frank's director of research and consultancy, Mr Nicholas Mak.

At Scotts HighPark, the 36 four-bedroom units of 3,466 sq ft to 4,112 sq ft would appeal to foreigners, said consultants.

While it is rare to find so many large apartments in a block nowadays, it has not always been so.

Beverly Hills in Grange Road, which has units of about 3,800 sq ft and The Arcadia at Arcadia Road with units of about 3,600 sq ft to 4,200 sq ft are examples, said property consultancy Jones Lang LaSalle's national director, residential, Ms Jacqueline Wong.

Both were built over 15 years ago, she said. Developers then stopped building such large units to cater to demand for smaller, more affordable homes.

But they are building bigger units again as foreigners want them, said market watchers.

Indeed, the chief executive of CapitaLand Residential Singapore, Ms Patricia Chia, said it has had strong expressions of interest from over 250 local and foreign potential buyers for Scotts HighPark. The condo, which also has two- to three-bedroom units, could be ready for previews by the end of this month or early next month.

It follows the sales of Tanglin Residences and the fully-sold The Botanic on Lloyd, said Ms Chia.

'We were able to tap into a wave of strong buying interest for high-end homes, and we expect this momentum to trickle to the high to mid market this year.'

A market watcher said the nearby recently-marketed Newton One could be used as a gauge, while another said CapitaLand may price it above Newton One, at possibly $1,350 to $1,400 psf.

got bigger rendering of it?

nope..didnt come across any yet, but the showflat next to Newton MRT looks ready.

Indeed, the chief executive of CapitaLand Residential Singapore, Ms Patricia Chia, said it has had strong expressions of interest from over 250 local and foreign potential buyers for Scotts HighPark. The condo, which also has two- to three-bedroom units, could be ready for previews by the end of this month or early next month.



hmmm... out of 250, what percentage actually purchase at least a unit?

Oh, this is a very small site, it has been fenced with a completed showroom and no activity at all for several months already. I'm really surprised they can fit two towers on that plot ^ ^

some site photos

09/06/2006

http://img194.imageshack.us/img194/1651/24su.jpg

http://img65.imageshack.us/img65/7057/10xk3.jpg

thanks for the update.

the site really looks SANDWICHED!

anybody got rendering? shape a bit weird but nice ^_^

by look of it, the rendering is not up yet.

Given its sandwiched location, I'm guessing the units will all face in 1 direction for 1 tower, and the opposite direction for the other

My dreamhouse in the sky... but I was hoping it would occupy the empty field beside the Alliance Francaise. I think the psf should be about $1800-2200 max? If it would be more than that then I may take whatever is going to be built on the field. And I hope that most of the "interested" 250 would just look and walk away so that at least my dreams would still have some hope, otherwise I will have to kill some serious competition :)

I'm not too sure but there might be something coming up for the plot on another side of Goldbell Tower, although I'd assume it's a different plot that the one you're mentioning. I believe that big plot is zoned for a future shopping mall/bus interchange.

What I wanted to say is that on another side of Goldbell Tower, there's another showflat that is now completed and ready to open, I don't know for what project.

II believe that big plot is zoned for a future shopping mall/bus interchange.


Where did you come across that from?

Large tracts of land around Newton MRT have been lying empty for years...it would make you wonder what plans there are for the area, since such a prominent central location can remain undeveloped for so long.

Large tracts of land around Newton MRT have been lying empty for years...it would make you wonder what plans there are for the area, since such a prominent central location can remain undeveloped for so long.

SMRT did mention that they wanted to build a shortcut route from CCK to Newton MRT.

yup thats what I half-suspected, with the Newton MRT quite possibly serving as interchange...hence the vacant land needed for infrastructure. But its still my guess, as LTA hasnt yet publically revealed the rail alignment and exact location of the BTL stations ;)

Anyway I suupose once the interchange of the MRT is built, then an integrated development over the MRT station could be planned for :yes:

possibly...having an interchange nearby and a future high-end development must only be good for the area...Newton benefits from Orchard's spillover as well

Given its sandwiched location, I'm guessing the units will all face in 1 direction for 1 tower, and the opposite direction for the othermy info was that the 4bedroom (2storey) or the penthouse series is facing the Goodwood. 2/3 bedroom facing Sheraton Towers & Goldbell Tower. Cannot remember the exact detail. Sorry.

are there any units facing the 'back', ie facing towards Bukit Timah?

are there any units facing the 'back', ie facing towards Bukit Timah?yes, those facing the back are the 'penthouse' series. over 4200sf. those are the best as they face the goodwood hill, lots of black and white houses inside.

Strange, up till now still no official renderings?

Goldbell is extremely close!!! No privacy?

Hi Friends, I am a newbie, anyway, a new development in Newton, Freehold by CDL units very very big, 2700sqft up.

whats the name of the development?

2700 sqft up? wow thats very big ... 6 bedroom? lol..

Hi Friends, I am a newbie, anyway, a new development in Newton, Freehold by CDL units very very big, 2700sqft up.

I thought its by Capitaland?

CapitaLand achieves record pricing of more than $2,200 psf for Scotts HighPark

15 Aug 06

SINGAPORE : Another record home pricing here in Singapore - this time by CapitaLand for the Scotts Road area.

This followed news on Monday that an apartment at the RiverGate project along the Singapore River was sold at $1,700 per square foot, a record for the vicinity.

CapitaLand said it has achieved a selling price of more than $2,200 per square foot for its Scotts HighPark project located at the former Melia at Scotts hotel site.

This came barely two months since City Developments recorded the highest selling price ever for a Singapore apartment - $3,030 per square foot for its St Regis Residences.

Scotts HighPark is a 73-unit freehold project developed by CapitaLand.

Targetted at high-end buyers, one block will offer penthouse-sized units with a floor area of up to 6,545 square feet each.

The other block will consist of two and three bedrooms apartments.

CapitaLand was hoping to achieve an average selling price of $1,800 per square foot.

But at least one duplex had changed hands at more than $2,200 per square foot, working out to more than $9 million each.

And its largest penthouse could be sold off soon.

All eyes will now be trained on Capitaland's Orchard Turn project, which will invariably be compared to St Regis.

"The two products are pretty different. First, St Regis sells on the hotel brand. We are selling the project on height - that it has fantastic view all the way to McRitchie Reservoir as well as to the Marina Bay. And it will set benchmark prices for 99-year leasehold in that area. I think the current highest price for 99-year leasehold in that area is actually Draycott 8. We will definitely sell way past that pricing," said Patricia Chia, CEO of CapitaLand Residential Singapore.

Despite the buzz in the high-end market, CapitaLand is keeping its projections modest for the mass market.

"Based on our own projects, which is Varsity Park and Citylights, we have already seen a price increase of between 5 to 10 percent. Looking ahead, I think there should be another 5 to 10 percent (increase) annually," said Chia.

Kwek Leng Beng, executive chairman of City Developments, recently told Channel NewsAsia he expected mass prices to rise by at least 7 percent next year.

Home prices in Singapore rose by 1.8 percent in the second quarter, the fastest increase in two years.

Cumulatively, for the first half of this year, home prices rose by 3.4 percent, just a touch below the 3.8 percent rise for the whole of 2005.

By Matthias Chan, Channel NewsAsia

saw the site.. find it really weird that you are being sandwiched between goldbell and sheraton. Guess you really need to close your curtains everyday if you don't want either side to peek through..

Wow... :eek:

Yup, the site is very narrow and deep, sandwiched between two towers, with very little street frontage. Hmm... Wonder why such a high price. Good location but layout and immediate environment is not really good.

Wow... :eek:

Yup, the site is very narrow and deep, sandwiched between two towers, with very little street frontage. Hmm... Wonder why such a high price. Good location but layout and immediate environment is not really good.


It really depends which one r u looking at, if u r looking at those duplex series, than u will not be sandwiched by the two towers. ( Anyway, the showflat only have those 4 br type. And its next to the taxi-stand.)

it's by WOHA, they're pretty site sensitive and make sure that everybody gets a good view

No rendering here ?

Here's a (blur) one...
http://ssc.singapenguin.net/06/061105_scotts_highpark01.jpg

New apartment for a car "Take the car"

　林婉诗(2007-05-25)LIN poetry (2007-05-25)

　　发展商Hayden Properties将在史各士路(Scotts Road)发展一栋拥有汽车电梯、让屋主把汽车停放在自家公寓门口的豪华高楼公寓，无论屋主住在哪一层楼。Hayden Properties developers in the history of the Cross Road (Scotts Road) made Show an elevator car ownership, so that owners of motor home parked in front of a luxury apartment high-rise apartments, Whether the owners live floor.

车子可驶入汽车玻璃电梯The car may enter auto glass elevator

　　屋主可把车子驶入汽车玻璃电梯，电梯从地面层徐徐上升，把屋主连人带车送到任何一楼层的公寓单位。The owner can use the car into the auto glass elevators, escalators from the ground level up slowly, put their car to the owner of any one floor of the apartment units. 玻璃电梯连人带车徐徐上升的画面，相信会令人惊叹。Glass elevators their car slowly up the screen, I believe it will be astounding.

　　一般上，高楼公寓的停车场，往往都是属于大规模的、集中式的，而且多建于地面层或地下层。Typically, high-rise apartment in the parking lot, often belong to a large-scale, centralized, and the construction on the ground floor or basement.

史各士路的亚洲大酒店前址地段，将重新发展成一个让屋主把车驾到自家门口的高楼公寓。History of the routes of major Asian front of the hotel site lots will be re-developed into a frame for the owner to put his doorway high-rise apartment.

　　因此，这个让屋主把车子驶到公寓门口的高楼公寓，相信是新加坡和本区域首创，也是世上拥有私人停车位的最高公寓项目。Therefore, the owners use the car for their turn to enter the apartment door of the apartment buildings, I believe Singapore and the regional initiative, There is also private parking spaces have the highest apartment projects.

　　这个项目位于史各士路37号，也就是亚洲大酒店(Hotel Asia)的前址，建成后会有30层楼高，将拥有54个单位及两个顶层豪宅单位，每个单位面积大约是3000平方英尺。The project is located in the history of the routes 37, is Asia Hotel (Hotel Asia) of the former site, will be completed after the 30-story building will have 54 units and two top luxury flats units Each unit is an area of approximately 3,000 square feet. 　　

　　这个项目还未命名，售价也未定，预料会在今年最后一季推出市场。The project has not yet named the price is not set yet, is expected in the last quarter of this year the market. 它预料会在年底动工建设，后年底之前建峻。It is expected to start construction by the end of the year, after the end of construction sternly.

　　以现今房地产市场行情来看，这个项目或许可卖每平方英尺4000元左右。In view of the current real estate market, the item might sell 4,000 yuan per square foot around. 　　

　　Hayden Properties的董事素巴曼（Leny Suparman）昨天在文告中说：“史各士路37号的住宅大楼，将带来独特的共管公寓生活体验，也给屋主带来有地住宅的好处。”Hayden Properties directors-Pac Man (Leny Suparman) yesterday said in a message : "The history of the routes of 37 residential buildings, will bring unique condominiums life experience The owner also brought benefits to residential. "

　　Hayden Properties成立于去年10月，是KOP Capital与Emirates Tarian Capital的合资公司。Hayden Properties was established in October last year, Capital is the LAD with Emirates Tarian Capital joint venture companies. 它的核心业务包括发展房地产及提供房地产管理服务。Its core businesses include property development and the provision of property management services.

　　KOP Capital是一家为房地产及基础设施项目提供商业、投资与金融咨询服务的公司；而Emirates Tarian Capital是中东酋长投资集团（Emirates Investment Group）旗下的投资公司。KOP Capital is one of the real estate and infrastructure projects for the commercial, investment and financial advisory services company; Tarian Capital Emirates and the Middle East Emirates Investment Group (Emirates Investment Group) under the Investment Company.

　　亚洲大酒店的前业主是雅诗阁集团(Ascott)。Asia Hotel is the former owner Shige AGB Group (Ascott). 雅诗阁今年2月宣布以1亿4700万元脱售该酒店，当时买家身份并没有正式对外公布。AGB Shige announced in February this year, 100 million to 47 million yuan from the sale of the hotel, when no buyers as officially announced.

http://property.zaobao.com/images4/private070525.jpg

Park at your front door in this luxury condo
Like Charlie’s magical glass elevator, Hayden Properties’ latest luxury condo development on Scotts Road will take you and your ride right to your front door.

By Adrian Lim
May 28, 2007
AsiaOne

It’s like Charlie’s magical glass elevator in Road Dahl’s chocolate factory, except that this one can house an entire car and take you right to your doorstep.

Welcome to Hayden Properties’ latest development on 37 Scotts Road, a 30-storey luxury apartment block with a glass car elevator that is possibly Singapore’s or Asia’s very first, bringing luxury living to a new edge.

Every apartment floor is accessible by this elevator. The sight of the elevator going up and down the building is sure to leave bystanders in awe.

Unlike most apartments which have an aggregated carpark located on the first floor or basement levels of the building, this one is radically different.

The yet to be christened apartment sits on the former location of Hotel Asia, and will boast 54 units together with two penthouses. Each unit will have a floor space of some 3,000 square feet.

The project is targeted for completion by late 2007, and the prices have not been announced. Going by the soaring property prices for high-end residential projects, property watchers say it could easily go for S$4,000 psf.

Mr Leny Suparman, Chief Executive of Hayden Properties said in a statement last week that the development on 37 Scotts Road is set to introduce a unique factor to the apartment living experience, and will offer residents the luxuries of landed properties.

Hayden Properties was established 10 years ago, and is a joint investment by KOP Capital and Emirates Tarian Capital

http://property.zaobao.com/images4/private070525.jpg

Have they got approval from URA to convert the hotel site into Residential ?
I thought hotel will be in higher demand and govt. releasing more land for hotel site, why convert ?

The project is targeted for completion by late 2007

hmmm....probably not, unless they refer to the demolition of Hotel Asia.

hmmm....probably not, unless they refer to the demolition of Hotel Asia.

yah, definitely not. my wife just had a dinner there in the canto restaurant. btw, that restaurant serves very nice cuisine.

http://property.zaobao.com/images4/private070525.jpg

nice. not sure how the facade will be like. btw, just drove past Helios. A rendering of the project is up.... anyone can post a pic?

nice. not sure how the facade will be like. btw, just drove past Helios. A rendering of the project is up.... anyone can post a pic?

your wish is my command.... do visit that thread.

your wish is my command.... do visit that thread.

thanks duckweed.

Omg! A car in your house =0 Superb!

Don't think is safe if you've kids at home. The car might be out of the window if wrong gear is applied accidentally.:lol: :lol:

Don't think is safe if you've kids at home. The car might be out of the window if wrong gear is applied accidentally.:lol: :lol:
flying car!!!!

WAHHHHHHH~!!!!! :cool:

How many units have the car lift?

Oh one thing, never start the engine in your unit, else the unit fills with smoke. hehe

Can't believe anyone can come up with a crazier idea. If I understand correctly how it works, it is similar to one of those car elevator u see in japan, once the lift reached your floor, you will drive the car out to a space in your apartment.

What a way to charge you for car space which is normally not included in the gross area of the apartment!

And they are charge 4,000psf for that space? !!! OMG

What happen if the lift breaks down? or Car breaks down & need to be towed? :bash:

What happen if the lift breaks down? or Car breaks down & need to be towed? :bash:

Lift breaks down: Take a short walk to Orchard Road and enjoy the scenery
Car break down: You can push into the lift

Either case good for exercise

That a good point, this lift will work slowly than pure passenger lift as it takes time to get the car in and out; guess they have another pure HUMAN lift

The space needed to fit the car should be at least 200sq ft. That will be 800k for the apartment carpark space. Hopefully this person can also afford a car to match the price paid for the carpark space else it will be a real pity even owning such an apartment.

sales gimmick.....

seems like every developer is trying to out do one another.

Condo on Hotel Asia site to boast parking in each unit

29 May 07

LET it not be said that Singapore is behind on any of the latest property trends.

Hotel Asia, which will be redeveloped into a 30-storey luxury condominium, will have private car-parking in each unit, the most recent fad in luxury high-rise homes. The price is around $4,000 psf.

A new entrant to the Singapore market, Hayden Properties, bought Hotel Asia from the Ascott Group only in February for $147 million.

Ascott in turn bought Hotel Asia in July 2005 for $108 million, including $4.3 million for the hotel management company.

Hayden Properties is a joint venture set up in October 2006 between Singapore-based KOP Capital Pte Ltd (previously known as Koh Ong & Partners Management Services) and Emirates Tarian Pte Ltd.

Hayden Properties will also redevelop Horizon View in Cairnhill. Horizon View was acquired through a collective sale for $113 million in October 2006. Details are expected soon.

There is no name yet for the Hotel Asia project, although the development could be launched as early as the end of this year.

Hayden Properties director Leny Suparman said that the project would be the world's tallest development with integral car porches. The property will have 54 condominium units and two penthouses. Units will have an average of two car porches and additional basement car park space.

The architect for the new development is Singapore firm Eco.id Architect and Design Consultancy which recently won the Best Design and Architecture Award 2007 for Starwood Group's W Retreat & Spa on Fesdu Island in the Maldives.

Emirates Tarian is a subsidiary investment company of the Emirates Investment Group (EIG) which has other real estate investments including Palazzo Versace Gold Coast, Palazzo Versace Dubai and Emirates Financial Towers.

In an interview late last year, EIG chairman Sheikh Tariq bin Faisal Al Qassimi said that it was at a 'crucial stage' of discussions to conclude an investment here, estimated to be in the region of at least $1 billion. Sources had said then that it could be an ultra-luxurious Versace hotel.


By ARTHUR SIM

Don't think is safe if you've kids at home. The car might be out of the window if wrong gear is applied accidentally.:lol: :lol:

I am very agree with you. I think another disadvatange regarding the private car park is the Carbon Monoxide gas.

We know that we need to warm up the car before we use it.
This may cause unpleasant carbon diaoxide smell and more dangerously is the possibility of carbon monoxide gas from the car. This happened frequently as you all know. THE SILENT KILLER:ohno: !!!!

I am very agree with you. I think another disadvatange regarding the private car park is the Carbon Monoxide gas.

We know that we need to warm up the car before we use it.
This may cause unpleasant carbon diaoxide smell and more dangerously is the possibility of carbon monoxide gas from the car. This happen frequently as you all know. THE SILENT KILLER:ohno: !!!!


may not be. many continentals do not require the warming up of engine. their engine management system will take care of the initial acceleration, etc.

It's just another gimmick idea from developer to maximize the car park value return for themselves. It's for those ultra rich that have enough spare money to throw away for showing off....for sure the car park will face the main Scott road.

"Honey ! I just accidently parked the car in the kid's playroom !!!"

"Sorry I was late.... There was a massive traffic jam in the lift lobby "

Speculator "I just sold my car park for $100k psf" - Foreign Investor "just bought a bargain loft studio for $1m"

Rich kid "Dad, can my mates have a car party in the living room ?"

Home Food Delivery Service "We can deliver our restaurant into your garage"

Property Agent "You can convert your penthouse infinity pool into extra car parking"

Motorist "I just parked the car for a few moments, now it's clamped up on the 25/F"

what if the lift breaks down? what happens when you are stucked in your car stucked in the lift?



yesterday there was a black-out at the shopping mall... 20 people were trapped on the escalator...
... just to share a little joke :P

Recent launch luxury condo had been trying to position itself to justify their high selling price with something unique as it's selling point, like spa or lap pool on each floor, 360 degree paronamic view, etc.

This one has the worst selling point - carpark !

I just wonder what's the next selling point on future luxury launches ?
Gold-plated toilet, chipping and putting green on each floor, helicopter launch pad ?

The car has to be in tip top condition all the time. Can you imagine after a heavy downpour and the car becomes muddy, you bring it straight up and you sit in your living room (assuming you can really view the car from the licing room as shown in the picture) and all you see is a muddy car. On one hand you are in a luxurious spick and span room and next to you is a dirty car. In this case, they have to provide a car wash service next to the car lift.

The car has to be in tip top condition all the time. Can you imagine after a heavy downpour and the car becomes muddy, you bring it straight up and you sit in your living room (assuming you can really view the car from the licing room as shown in the picture) and all you see is a muddy car. On one hand you are in a luxurious spick and span room and next to you is a dirty car. In this case, they have to provide a car wash service next to the car lift.

Maybe they have a built in car-wash and dryer !!

This is a 30 units condo for the Ultra rich. Do you think they would park their daily staple cars such as BMW 3,5 or 7 or even Mercs E C or even S class etc... in their house? I am sure there are additional basement carpark for them. This is more likely for their exotic, exclusive or special edition car collection such as Pagani, Lamboghini, Ferrari, Aston Martin lah... so that when guest come to their house or party they can go woow...whee... and admire them...

This is a 30 units condo for the Ultra rich. Do you think they would park their daily staple cars such as BMW 3,5 or 7 or even Mercs E C or even S class etc... in their house? I am sure there are additional basement carpark for them. This is more likely for their exotic, exclusive or special edition car collection such as Pagani, Lamboghini, Ferrari, Aston Martin lah... so that when guest come to their house or party they can go woow...whee... and admire them...

Yes, the car becomes an art piece - part of the decor.

Now s*x in car backsit can be safer........no more people watching.

Remember to close the curtain....

but car got no curtain... sorry I couldn't resist! :P

Now s*x in car backsit can be safer........no more people watching.

Remember to close the curtain....

Wow. Doin it in a lift AND in a car !!!

... selling car park as luxury could be influence by F1 fever ...

this car park at your door gimmick is fairly common is large us cities like new york

These apartment units are meant for those who have lambos, ferraris, zondas to flash in their garages. No mercedes please unless it is a CLK DTM AMG. :lol:

this is what i always wanted! i dont really see it as a gimmick - anyone else agrees this is quite necessary after a heavy dose of grocery shopping?

this is what i always wanted! i dont really see it as a gimmick - anyone else agrees this is quite necessary after a heavy dose of grocery shopping?

gimmick for some, superfluous for others, the-thing-they-always-wanted for the heavy shoppers and car affinicados.

IF you had a Porsche, wouldn't you like to spend every single waking moment polishing and admiring it?

And if possible, park it right in your living room, instead of some basement carpark?

Well, wish granted.

Soon, you can drive into your estate, then get whisked from the ground level to your apartment by a car lift and reverse right into your unit.

You step out and you'll be right inside your living room.

And if you do own a Porsche, what a great conversation piece it will be compared with, say, a boring antique table.

This private carpark in each unit is likely to be the most talked-about feature in a proposed 30-storey condominium on Scotts Road.

The yet-to-be-named project will be built on the former Hotel Asia site and will be the tallest development encompassing 'car porches' in the world, said developer Hayden Properties.

The loading limit for the car lift will be about two tonnes, and it will be big enough to accommodate a Rolls-Royce.

A normal four-door sedan weighs just over a tonne.

Hayden Properties director Leny Suparman said they first heard about the concept in New York and Dubai.

She added: 'It's high time that Singapore enters into a bold, new dimension of world class affluence living like... in New York and Dubai.

'This is something ultra luxurious for home-owners and something they can relate to. It's like living in a bungalow and it's great for car lovers who want to be close to their prized possession.'

There will be 54 units and two penthouses in this development, which will be launched later this year.

Each three-bedroom unit will be about 3,000 sq ft, including the car-porch space of 400 to 450 sqft - big enough for two cars, said the developer.

Each 5,700 sq ft penthouse will have two car-porches.

The price will be about $4,000 psf, said the developer, so expect to pay about $12 million for the three-bedroom units.

The car porch and the living area will be separated, possibly with glass.

That is because not many will appreciate choking on exhaust fumes in the living room.

There will be two car lifts and two passenger lifts.

And for those who prefer their cars on solid ground, every unit will also be allocated parking space in the basement carpark, said the developer.

There will be a valet service for those who prefer the passenger lift and want someone to park their car for them.

What happens if the car lift breaks down?

Then the home-owner may not be able to move his car till the lift is fixed.

But the developer said the condo would have a lift maintenance system with 24-hour service.

The company said it has received a provisional planning permit from the Urban Redevelopment Authority and construction is expected to start at the end of this year.

The developer has not worked out the maintenance costs per unit yet.

Though the project has not been launched, prospective buyers, attracted to the concept, have begun calling.

Chesterton International research director Colin Tan said it's the first time he has heard of such a concept for a residential property here.

There are mechanised carparks in commercial properties such as Peninsula Shopping Centre and Thomson Medical Centre.

LIKE LANDED PROPERTY

Said Mr Tan: 'One of the best things about living in a private condo is parking right next to the lift lobby and taking the lift right to your doorstep. This takes it one step further.

'This is a premium, a plus point for the development. It's like living in a landed property.'

But Knight Frank research director Nicholas Mak wondered if such extravagance was necessary.

He said: 'Do you really need to bring your car into your living room? If you argue that it's for the purpose of security, you can always have garages with locks. I wonder if buyers will accept it.'

Businessman Leonard Wee, 49, liked the idea though.

He said: 'It's every car enthusiast's dream to have your car parked right inside the living room. And what better way to show off your Ferrari? It's like having your own car showroom.'

this is what i always wanted! i dont really see it as a gimmick - anyone else agrees this is quite necessary after a heavy dose of grocery shopping?

If you can afford a 12 million house you do not have do your own grocery shopping.

So, is thiskind of condo really going to be build or not??? Or just ideas from the developers????

If you can afford a 12 million house you do not have do your own grocery shopping.

yes, but sometimes you have a wife that spends and likes to slowly carry her own shopping goodies. not so much of groceries.

I'm not sure the true super rich will be too impressed by this... they prefer much bigger houses....

My wif told me a story about them. Went to visit a client for the first time (not SG). Yes, they have supercars. twenty of them. These are not stored in garages, but were strewn all over the place like toy cars. These guys don't stay at hotels, they always buy a property when they visit a place. They have access to all the top sporting events - why ? - that's because they have their bought their own corporate boxes at ALL the sports grounds at the places they want to see.

Compared to some SE Asian billionaires, these guys were quite nice "if you want to watch a game, give me a call if you want a box !!". In comparison other, self-made ones in SE Asia (not naming who) can be very, very arrogant.

These cars are actually used. This was the first time she met them. They were kind enough to also drop them off back to the airport when they finished the trip...
The airport drop-off cars used ??? ... Yes, the drop off cars were a Ferrari and Lambo (plus Merc for the luggage) !!!! And this was for a first time meeting !! Told you they were nice !

The Hotel Asia building is now vacated, and it looks like it too may be going soon.

hiya all. how come? won't the site get no views? both sides are blocked!

:cry:

its so sad to display your luminous red lamborghini 20 floors high, only to get stuck in gridlock traffic immediately during christmas. for practicality, lamborghinis in singapore should really come with the option of having a prius engine installed. after all, who really cares how fast these things go here?

its so sad to display your luminous red lamborghini 20 floors high, only to get stuck in gridlock traffic immediately during christmas. for practicality, lamborghinis in singapore should really come with the option of having a prius engine installed. after all, who really cares how fast these things go here?
i agree. just make sure it also comes with a synchronised audio recording of the lamborghini's revving engine!

Aiyoh, IMO, sports cars only use more petrol..who cares who go faster. :D

lol..... imagine the penthouse glass car garage displaying the latest PRIUS

It'll look damn cheap - cheap car in an expensive property :lol::lol::):D

been to the sale gallery 2weeks back. need to wear a 3d glasses somemore!:lol: can park up to 2 cars inside the units. the unit offer full lush view of the goodwood park.

1 is not able to drive inside the car lift.

been to the sale gallery 2weeks back. need to wear a 3d glasses somemore!:lol: can park up to 2 cars inside the units. the unit offer full lush view of the goodwood park.

1 is not able to drive inside the car lift.

does the condo have an external carpark?

does the condo have an external carpark?basement another carpark lots. total can park 3 cars....

should change the title of the thread to The Hamliton Scotts.

Homebuyers, get ready for more property launches

Developers will release projects to capitalise on recent healthy home sales



A STRING of new private residential projects is hitting the market as developers move quickly to capitalise on encouraging recent home sales.

In the Kovan area alone, two new projects - Kovan Residences and D’Pavilion - are holding previews this weekend.



The 99-year leasehold Kovan Residences, which has 521 apartments ranging in size from 883 sq ft to about 1,700 sq ft, is next to Kovan MRT station. Prices range from just below $800 per sq ft (psf) to more than $900 psf.



More than 50 units have already been sold, said Mr Tony Bin, the chief executive of Centurion Properties, known until recently as Duchess Development.



Centurion is largely owned by well-known UOB-Kay Hian stockbroker pair Han Seng Juan and David Loh. The rest is held by private investors and Lian Beng Group.



Not far from Kovan Residences is another new project, D’Pavilion, priced at an average of $895 psf for the preview. This freehold 50-unit project in Upper Serangoon Road is within walking distance of Kovan MRT station. It has two- to four-bedroom apartments and six penthouses.



Over in Pasir Ris, the preview for 724-unit Livia has already started. It is priced at $650 psf on average, or from $597,000 to $636,000 for the two-bedroom units and $793,000 to $835,000 for the three-bedroom units. Some have been sold, sources said.



These launches come in the wake of healthy sales at the 348-unit Dakota Residences in Dakota Road. The developers, Ho Bee and ChoiceHomes, have sold about 150 units of the 99-year leasehold property for between $940,000 and about $3.38 million since they went on sale a fortnight ago.



The Sim Lian Group has also sold more than 200 units of the 308 launched units of Clover by the Park since its preview late last month. Transacted prices ranged from $582 psf to $877 psf. It has just launched for sale the remaining units at the 616-unit 99-year leasehold project in Bishan.



United Engineers is also ready to launch its condo-like Housing Board project in Ang Mo Kio Street 52, but it has yet to commit to a date.



Called Park Central, the project will have more than 550 units and comes under the HDB’s Design, Build and Sell Scheme (DBSS).



A market watcher said the firm will have to launch it below the prices of the previous DBSS project in Boon Keng.



‘They will have to learn from the Boon Keng project, which still has leftover units. When it was launched, many people came but not all later bought,’ he said.



The 714-unit City View@Boon Keng, which was launched in January, had 474 five-room flats priced from $536,000 to $727,000, a range that some considered too high.



Launches will not be confined to mass- and mid-tier properties for long.



Next Tuesday, Hayden Properties will launch The Hamilton Scotts, its luxurious Scotts Road project with 54 apartments and two penthouses, which all come with private car porches.



Still, this new project and a few others such as the freehold 100-unit Newton Road project L’VIV, were already expected.

Source: Straits Times

should change the title of the thread to The Hamliton Scotts.

Launch of this project should be very, very interesting as it being one of the few super luxury launches....

While L'Viv should also represent normal upper/luxury market....(launches also seems rare) ???

Hayden Properties to build car porches into high-rise apartment units
Imagine being able to park your Lamborghini in your high-rise apartment.

Well, imagine no more.

Real estate developer Hayden Properties is constructing a freehold 30-storey condominium on Scotts Road that will have elevators that bring your car up to your apartment.

Hayden's Director Leny Suparman concedes that this is not the first property in the world with such a feature, but she says it's the first to use the concept as a lifestyle showcase.

"There are projects like this in New York, in Germany, but the ones over there, it's more because there is a shortage of car park space and also they do not actually integrate the car proch into the lifestyle of the apartment owners, which is what we're doing. Basically for us, this car porch is an integral part of the design. It signifies the lifestyle of the owner."

In fact, Ms Suparman says the building will be designed in such a way that passersby on the street will be able to view a column of all the cars belonging to the apartment owners through glass panels on each floor.


The development comprises 54 units of about 2,700 square feet each.

The project, named The Hamilton Scotts, is expected to be launched in the third quarter of this year.

Completion is expected to be in 2011.

As for the price tag, Ms Suparman says the firm expects to attain an average of 3,800 dollars per square foot.

And despite the slowdown in the property market, she says the development has already received interest from parties who want to buy the entire property en bloc.

She says these include foreigners from Russia and the Middle East, as well as locals.

Hayden Properties is a joint venture between Singapore-based KOP Capital and a unit of the Emirates Investment Group.

Posh condo on sale amid weak market

9 Jul 08

http://www.straitstimes.com/STI/STIMEDIA/image/20080708/ST_IMAGES_JTHAMILTON.jpg

A LUXURY condominium that lets residents park their cars right in front of their high-rise units has been released for sale at a price analysts consider rather steep, given the quiet market.
The Hamilton Scotts project - it has special lifts to bring the cars to the desired floor - will likely be listed at an average of $3,800 per sq ft (psf), said developer Hayden Properties yesterday.

That will price the 52 regular units of about 2,700 sq ft at between $8 million and $12 million each. The 30-storey freehold condo in Scotts Road also has two junior penthouses of about 3,200 sq ft and two penthouses of around 7,100 sq ft.

Market insiders say the condo could be priced between just under $3,000 psf to over $4,000 psf, while one market watcher says it could have fetched between $3,500 and $4,500 psf last year.

However, the $3,800 psf average price is still relatively high given the cooling market for luxury homes.

There are several posh projects in the pipeline, but developers have been holding back launches amid the uncertain climate.

The luxury segment has taken a big hit after the dizzying highs hit last year. Prices are down about 10 per cent with falls of a further 5 to 10 per cent expected by the end of the year, said Savills Singapore.

The only other major luxury development released for sale this year was the 100-unit Nassim Park Residences. More than half the units have been sold since May, with prices averaging $3,000 psf.

'Hayden is probably keen to take advantage of this quiet period to launch, after the release of Nassim Park Residences and before the Hungry Ghost Festival,' said Savills director of marketing and business development Ku Swee Yong.

Knight Frank's director of research and consultancy, Mr Nicholas Mak, believes The Hamilton Scotts has enough appeal to defy the trend somewhat: 'There will still be takers as it is a unique product. But this is the time for mass market projects.'

The recent pickup in launches was almost all in the mass market or mid-tier segment.

Hayden managing director Ong Chih Ching said it should be able to get offers if the project is priced correctly. However, it would not sell if the price is not right.

'We are previewing it and not launching it because this is not the right climate to launch,' said Ms Ong, who added that Hayden has temporarily halted sales at its ultra- posh Ritz-Carlton Residences until the mood improves.


By Joyce Teo, Property Correspondent
Straits Times

are those 2 parking spaces including in the 2700 sq ft? so basically, they sell the 2 parking space for $3800 per sq ft as well?

are those 2 parking spaces including in the 2700 sq ft? so basically, they sell the 2 parking space for $3800 per sq ft as well?no, 2756sqft are pure living space.

‘We want to be a niche player’?

Developer wants to build luxury homes and hotels across Asia and Europe

Thursday • July 17, 2008


CONRAD RAJ


editor-at-large conrad@mediacorp. com.sg


FOLLOWING the launch of The Hamilton Scotts on Scotts Road, its developer Hayden Properties is now setting its sights on the region and beyond to develop and build similar ultra-luxurious homes.

Hayden has an interesting mix of owners. It is 50-per-cent owned by KOP Capital, founded by 39-year-old lawyer Ong Chih Ching and Leny Suparman, 33, who came from property consultancy CB Richard Ellis (Singapore). The other half is owned by Emirates Tarian Capital (ETC) of the United Arab Emirates.

Together, they plan to go overseas to develop hotels and resorts in Europe and Asia, according to KOP.

Both companies are already talking to potential investors and parties on acquiring land and developing properties overseas. Their interest lies in places such as Bali, Bangkok, Kuala Lumpur, Hong Kong, Japan, Vietnam, India and China.

KOP Capital, previously known as KOP Management Services and which sprung from the law firm of Koh Ong and Partners (KOP, get it?), is already familiar with overseas projects. The firm has been involved with the development of several luxury hotels and resorts in China.

And the two companies have got ultra-rich partners to support their expensive projects, both here and overseas. Its partner in Hayden, ETC, is a subsidiary boutique investment company of the Emirates Investment Group, whose real estate investments include Emirates International Holdings, Palazzo Versace Gold Coast in Australia, Palazzo Versace Dubai, D1 Residential Tower, Emirates Financial Towers, Karachi Financial Towers and White Bay.

In April, KOP sold a 51-per-cent stake in the company to the Dubai Investment Group, which is part of the business empire of Dubai’s ruler, Sheikh Mohammed Rashid Al Maktoum, whose diversified portfolio is valued at over US$7 billion ($9.45 billion).

“Hayden will concentrate on high end luxury properties, while KOP will go into opportunistic investments,” said Ms Ong, who has had 12 years of practice in corporate and property law, and who was a founder of the Singapore Investors Association of Singapore (Sias).

“We want to be a niche player in the high end lifestyle sector where there’s a lacuna (gap) in the market. There are lots of products created without much understanding of the life-style buyers want,” she said.

For instance when Hayden bought the Hamilton site, it did not at first think of putting up a luxury apartment block, instead it was looking at various other things like a serviced apartment which previous owner CapitaLand had planned for, or a hotel.

“But after talking to some people, we decided that what was needed was something iconic.

“The architects Eco-id came up with an innovative and daring design by giving apartment owners the comfort of parking their marques right by their residences, regardless of which level they are in,”Ms Ong said adding that they had to overcome various issues, including fire-safety compliance, et cetera.

Response to the launch of the 30-storey block scheduled for completion in 2011 was “very encouraging” the two said. “Although our launch party was scheduled for 8pm, people were already streaming in at 4pm, and we had more than 400 people turning up with all 500 kits that we had printed snapped up,” Ms Suparman said.

The two partners also disclosed that they received “no less than three offers” to purchase the entire project from parties from Russia, the Middle East and China.

“These people were looking for iconic developments and saw the Hamilton as an entry into the region’s property market. We didn’t mind selling them a chunk of the project but parting with the entire building would have made us appear desperate and looking like we were just in it for the punt,” she added.

Hayden has so far sold about a half dozen of the 56 units at an average price of $3,800 per sq ft or over $10 millionfor a 2,700 sq ft apartment, which doesnot include the 600 sq ft allotted for two cars.

The company has also tied up with the Ritz Carlton on a $300-million project in Cairnhill Road which will feature a 24-hour concierge service, housekeeping, sommelier service, and three sky terraces where residents can entertain, exercise or just lounge around.

The cheapest 2,800 sq ft apartment is expected to fetch at least $11.5 million while a junior penthouse of about 3,500 sq ft will cost about $18 million. Monthly maintenance will come to at least $2,500, the most expensive in Singapore.

^^ was at prop co AGM. CEO mentioned that although there are funds offering to buy blocks in their projects. But it is all at distressed pricing. So Hayden may have offers, but may be lousy offers. If good ones, take already.

Talking to another friend in the hi-end cars industry. Hi-end cars sales slowing. Deals with funny name cars >$1m. He not sure if it is shipment problem or demand problem.

The Hamilton Scotts Scotts Road Sardinia Properties Pte Ltd Non-Landed CCR 56 5 5 0 5 5 $3,516 psf $3,000 psf $3,676 psf

Sold 5 units in July.

The Hamilton Scotts Scotts Road Sardinia Properties Pte Ltd Non-Landed CCR 56 5 5 0 5 5 $3,516 psf $3,000 psf $3,676 psf

Sold 5 units in July.
http://www.hamiltonscotts.com/

wow! not bad at all...then Scotts Highpark (beside Sheraton Towers) should fetch pretty good...if anyone notices that project, that is...


The Hamilton Scotts Scotts Road Sardinia Properties Pte Ltd Non-Landed CCR 56 5 5 0 5 5 $3,516 psf $3,000 psf $3,676 psf

Sold 5 units in July.

is this project top already? anyone cam share some pics? the building looks pretty!!!!

is this project top already? anyone cam share some pics? the building looks pretty!!!!

chechout the, ads. Plenty of pictures.

http://www.propertyguru.com.sg/project-listings/559/scotts-highpark?submit=Search&property_id=559&page=3&listing_per_page=10&smm=1

The large units (duplex, penthouse series) have fantastic views, good layouts if you like balconys. However, some of the smaller units are facing a building just a few meters away, with just a peek or hint of a good view. Over all the finish is ok. Not as bad as the sail, but kitchen cabinets looks cheap, bathroom looks pretty boring and dated, doors and frames are also of lower standard.

chechout the, ads. Plenty of pictures.

http://www.propertyguru.com.sg/project-listings/559/scotts-highpark?submit=Search&property_id=559&page=3&listing_per_page=10&smm=1

The large units (duplex, penthouse series) have fantastic views, good layouts if you like balconys. However, some of the smaller units are facing a building just a few meters away, with just a peek or hint of a good view. Over all the finish is ok. Not as bad as the sail, but kitchen cabinets looks cheap, bathroom looks pretty boring and dated, doors and frames are also of lower standard.

very much agree....also didnt like the emergency exit door in master bedroom of 2 BR layouts...

chechout the, ads. Plenty of pictures.

http://www.propertyguru.com.sg/project-listings/559/scotts-highpark?submit=Search&property_id=559&page=3&listing_per_page=10&smm=1

The large units (duplex, penthouse series) have fantastic views, good layouts if you like balconys. However, some of the smaller units are facing a building just a few meters away, with just a peek or hint of a good view. Over all the finish is ok. Not as bad as the sail, but kitchen cabinets looks cheap, bathroom looks pretty boring and dated, doors and frames are also of lower standard.

the view from the 4202 sqf unit is beautiful, and the layout is great as well, but i think don't understand such a good unit without a good kitchen and bathroom. just unbelievable.

Scotts Highpark is nice project but it has no view at all. I think the units there must be quite dark also.

Scotts Highpark is nice project but it has no view at all. I think the units there must be quite dark also.

Dont like dat project. its so close to the office building next to it. imagine pple looking in to ur home and bed room..... and its dark!

Dont like dat project. its so close to the office building next to it. imagine pple looking in to ur home and bed room..... and its dark!

I think the whole concept and design of the project is nice. However, it is inbetween a hotel and a office tower of the same hight definitly 100% DARK! I dont know why this sight was slated for residential development it would have been so much more practial for it to have been a office tower.:)

How's construction

Hamilton Scotts @ Orchard (District 9)

(Visit www.CondoExpert.sg (http://www.condoexpert.sg/) or call Jonathan @ 8100-8004 for more information!)

http://www.condoexpert.sg/wp-content/uploads/2011/05/Hamilton-Scotts-facade.jpg

Summary

Developer : Hayden Properties
Est. TOP : End 2013
District : 9 (Orchard)
Est. Quantum Price : Price On Ask
Location : 37 Scotts Road
No. Of Towers : 1
Tenure : Freehold
No. Of Storey : 30
Site Area : 35,880 sqft
No. Of Units : 56
Main Orientation : South-east/ North-west
Units Composition : 3 Bedrooms and Penthouse
Distance to MRT : 20 mins walk to Newton
Buyers Eligibility : Locals/PRs/Foreigners
Payment Scheme : Normal Progressive
Primary Schools within 1km : Nil

Unit Types and Sizes

(No. of Units - Size (sqft))3 Bedrooms
52 - 2756

Junior Penthouse
2 - 3229

Penthouses
2 - 6975

Total Units : 56

Facilities

Swimming Pool
Play Pool
Pool Deck
Sunken Lounge
Jacuzzi
BBQ Area
Lounge
Gym
Reflective Pool
Car Lift
24 Hours Security
Meeting Rooms

Interior

http://www.condoexpert.sg/wp-content/uploads/2011/05/Hamilton-Scotts-living2.jpg

http://www.condoexpert.sg/wp-content/uploads/2011/05/Hamilton-Scotts-porch.jpg

Site Map

http://www.condoexpert.sg/wp-content/uploads/2011/05/Hamilton-Scotts-siteplan.jpg

Street Map

http://www.condoexpert.sg/wp-content/uploads/2011/05/Hamilton-Scotts-locationmap.jpg

Visit www.CondoExpert.sg (http://www.condoexpert.sg/) or call Jonathan @ 8100-8004 for more information on Hamilton Scotts as well as for other new launch condos!

I don't know how to embed videos on this board, but gotta say that this car park is really stunning: http://www.jokeroo.com/videos/cool/how-a-millionaire-parks-in-singapore.html

By the way, for more info on fully automated car parking systems check http://www.mhe-demag.com/products/car_parking_systems :)

Some pics I took of the site. It looks completed.

https://fbcdn-sphotos-a-a.akamaihd.net/hphotos-ak-snc6/253078_10151257229702040_948798552_n.jpg
https://fbcdn-sphotos-a-a.akamaihd.net/hphotos-ak-snc6/253078_10151257229702040_948798552_n.jpg
https://fbcdn-sphotos-c-a.akamaihd.net/hphotos-ak-snc6/197339_10151257230017040_66226963_n.jpg
https://fbcdn-sphotos-c-a.akamaihd.net/hphotos-ak-snc6/197339_10151257230017040_66226963_n.jpg
https://fbcdn-sphotos-d-a.akamaihd.net/hphotos-ak-ash4/427821_10151257230272040_848477506_n.jpg
https://fbcdn-sphotos-d-a.akamaihd.net/hphotos-ak-ash4/427821_10151257230272040_848477506_n.jpg
https://fbcdn-sphotos-f-a.akamaihd.net/hphotos-ak-ash4/375820_10151257230537040_1673668199_n.jpg
https://fbcdn-sphotos-f-a.akamaihd.net/hphotos-ak-ash4/375820_10151257230537040_1673668199_n.jpg
https://fbcdn-sphotos-c-a.akamaihd.net/hphotos-ak-ash4/306694_10151257230817040_406447701_n.jpg
https://fbcdn-sphotos-c-a.akamaihd.net/hphotos-ak-ash4/306694_10151257230817040_406447701_n.jpg
https://fbcdn-sphotos-h-a.akamaihd.net/hphotos-ak-ash3/554106_10151257231212040_1773469067_n.jpg
https://fbcdn-sphotos-h-a.akamaihd.net/hphotos-ak-ash3/554106_10151257231212040_1773469067_n.jpg

Thanks for the photos Mith, do get photos of it at night if you have the chance, they light up the car lift. :)

Thanks for the photos Mith, do get photos of it at night if you have the chance, they light up the car lift. :)

I'll try my best. :)

Its already complete right? or not

Its already complete right? or not

It seems that it is complete from the outside. :)

Related news to Hamilton Scotts on unsold units.

https://fbcdn-sphotos-d-a.akamaihd.net/hphotos-ak-ash3/539817_10151478690412040_1649624079_n.jpg
https://fbcdn-sphotos-d-a.akamaihd.net/hphotos-ak-ash3/539817_10151478690412040_1649624079_n.jpg


source: The Straits Times (http://www.straitstimes.com/)

An article from 90 cents about the development.

https://fbcdn-sphotos-b-a.akamaihd.net/hphotos-ak-ash3/882589_10151548994707040_299476124_o.jpg
https://fbcdn-sphotos-b-a.akamaihd.net/hphotos-ak-ash3/882589_10151548994707040_299476124_o.jpg

source: The Straits Times (www.straitstimes.com)