View Full Version : D9 | The Ritz-Carlton Residences (32 floors)


luciferyang
September 3rd, 2007, 09:55 PM
Coming Soon to Cairnhill!

Excelsvr
September 4th, 2007, 01:49 AM
Yup it'll be quite cool- 24/7 oncierge services and stuff. Only hope it will be iconic. The Cairnhill skyline has been spoiled by Cairnhill Crest, but The Light@Cairnhill is full-glass, very nice indeed. Can't wait for the renderings!
:dance:

cheers

excelsvr

RafflesCity
September 4th, 2007, 02:25 AM
Ritz-Carlton Residences in Singapore a first in Asia

4 Sep 07

Premier hotel brand will build 58 high-end homes in Cairnhill on former Horizon View site

WELL-HEELED fans of the Ritz-Carlton's luxury accommodation will soon be able to buy homes in Singapore that come stamped with the five-star hotel brand.
Asia's first Ritz-Carlton Residences will be launched for sale in Singapore late next month, with 56 apartment units and two penthouses up for grabs.

The 36-storey tower will be built in Cairnhill Road on the former Horizon View site, and will be completed by early 2010.

Residents will enjoy a 24-hour concierge service, housekeeping and sommelier service. All the staff will be trained and managed by Ritz-Carlton.

While the apartment prices have not yet been finalised, Ritz-Carlton's vice-president of international hotel development, Mr Shawn Hill, said the hotel's branded apartments usually fetch up to 50 per cent more than comparable non-branded homes.

'Typically, comparing against non-branded residential properties, we see a 20 to 50 per cent premium over the highest-end homes in each market,' he told The Straits Times.

There are currently 32 other Ritz-Carlton Residences around the world, including in New York, Boston, Hawaii and the Bahamas. Similar projects are in the pipeline in Europe and the Middle East, Mr Hill said.

In Asia, Singapore was chosen for the residences' debut over cities such as Kuala Lumpur and Tokyo, where Ritz-Carlton has service apartments.

'We chose Singapore because we consider it to be a pace-setter in the region, and it's a highly sought-after city to live in,' explained Mr Hill.

'Singapore, as a city, has some of its own branding and a very strong international appeal. It represents a high quality of living as well as stability.'

But the group is also looking at building more of such homes in other 'gateway cities' in Asia, including Hong Kong, Shanghai, Tokyo, Ho Chi Minh City and Jakarta, Mr Hill added.

The Singapore project is a partnership between Ritz-Carlton and Hayden Properties - a 50:50 joint venture between real estate firm KOP Capital and Emirates Investment Group unit Emirates Tarian Capital.

Hayden, which was set up last October, is also the developer behind the luxury project at 37 Scotts Road that boasts a garage in every apartment.

The Ritz-Carlton Residences in Singapore will offer units in three sizes. The three-bedroom units will be 2,800 sq ft while the four-bedders will be 3,100 sq ft and the penthouses will weigh in at more than 5,000 sq ft.

Each unit will have designer fittings and appliances. The property will also have a lap pool, library, wine cellar, and a kitchen and entertainment area managed by the Ritz-Carlton.

Monthly maintenance fees for the apartments may add up to between $2,000 and $3,000, said Ms Ong Chih Ching, Hayden's founder and lead director.

She said the trend of hotel-branded residences is set to grow in Asia, as homebuyers become more affluent.

'Apart from the luxurious hardware that you will see in buildings, the other thing that buyers will look for is service. A lot of the hotel chains have good reputations for their service.'

Other hotel-branded residences in Singapore include Four Seasons Park and St Regis Residences.

Mr Ku Swee Yong, director of marketing and business development at Savills Singapore, agreed that more co-branded apartments will emerge, and not just involving hotels.

'The co-branding trend includes architects, designers, fashion labels such as Armani and Versace, and these will put Singapore on the world map.'

He expects foreigners to make up most of the buyers of the Ritz-Carlton apartments. These could 'definitely fetch a minimum' of $4,000 per sq ft, which is at least 20 per cent more than current prices in Cairnhill, he said.


By Fiona Chan, Property Reporter

Excelsvr
September 4th, 2007, 02:44 AM
How do you manage to always be the first to get the news articles? Divulge the secret , or you will receive eternal torture----> FART:fart:
:lol:

cheers

excelsvr

RafflesCity
September 4th, 2007, 02:49 AM
wake up early and read the online news. heh

Baby
September 4th, 2007, 05:49 AM
Just wonder if this will be more or less prestigious than St. Regis.
IMO, St. Regis has a better location, and better facilities.

Excelsvr
September 4th, 2007, 05:53 AM
@Baby
Location wise, yes, St.Regis is better, but unable to judge because renderings of The Ritz-Carlton Residences have not been released. But it has 24/7 concierge services. :nocrook:
@RafflesCity
Heh. You're one hardworking forumer and administrator, keep up the good work! I'm waiting for more articles!
:dance:

cheers

excelsvr

arthur
September 5th, 2007, 04:28 AM
no wonder ritz residences at devonshire was asked to change name. the new name for ritz residences is called suites at central.

Excelsvr
September 5th, 2007, 05:40 AM
What's the difference? One is RiTZ Residences and the other is Ritz-Carlton Residences :tongue: Furthermore, RiTZ Residences used the name first!

cheers

excelsvr

arthur
September 5th, 2007, 05:48 AM
What's the difference? One is RiTZ Residences and the other is Ritz-Carlton Residences :tongue: Furthermore, RiTZ Residences used the name first!

cheers

excelsvr

sound alike.............

Excelsvr
September 5th, 2007, 05:49 AM
My point is, RiTZ Residences used the name first..:tiasd:

cheers

excelsvr

landlubber
September 5th, 2007, 03:47 PM
My point is, RiTZ Residences used the name first..:tiasd:

cheers

excelsvr
Developer was probably paid to change the name

Excelsvr
September 6th, 2007, 01:52 AM
Bribery? :lol:

cheers

excelsvr

landlubber
September 6th, 2007, 04:26 PM
Bribery? :lol:

cheers

excelsvr
Naming rights.

Excelsvr
September 7th, 2007, 04:28 AM
Oh:D

cheers

excelsvr

arthur
September 7th, 2007, 08:07 AM
Oh:D

cheers

excelsvr
remember Amanusa? Same case.

Excelsvr
September 7th, 2007, 12:32 PM
Why so many cases? Maybe Keppel cheekily used the RiTZ in Ritz-Carlton without knowing that there would be a Ritz-Carlton Residences in Singapore:D

cheers

excelsvr

Excelsvr
October 5th, 2007, 05:24 AM
remember Amanusa? Same case.
Isn't that the cluster housing somewhere in the east?

Excelsvr
October 5th, 2007, 05:25 AM
Haven't heard of The Ritz-Carlton Residences for a long time. They haven't released the renderings yet, have they?

luciferyang
October 5th, 2007, 05:49 AM
Won't it lure customers away from Hilltops? I would wait for Ritz if I know it is coming up in the same place.

Excelsvr
October 5th, 2007, 11:07 AM
I would prefer Hilltops. Built by renowned developer SC Global well known for it's high quality and also every unit has a private spa.

arthur
October 6th, 2007, 03:22 AM
Won't it lure customers away from Hilltops? I would wait for Ritz if I know it is coming up in the same place.yes, i hv alot of customer waiting for this Ritz Carlton Residences too....

nomufan
October 6th, 2007, 04:52 AM
Would definitly prefer Hilltops by SC global eventhough haven t seen the Ritz C project. SC s reputation as a developper is excellent n their projects are truly beautiful and innovative (and no I have no shares of SCGD)
Besides who really need a concierge, google it, call n that s it. Maintainance fee at 3K per month is ridiculous.
A bit tired of all the franchises biz: have coffee at Starbucks, work out at california fitness, dance at MOS, live in Ritz or in Armani condo, nahhh

luciferyang
October 6th, 2007, 04:55 AM
Would definitly prefer Hilltops by SC global eventhough haven t seen the Ritz C project. SC s reputation as a developper is excellent n their projects are truly beautiful and innovative (and no I have no shares of SCGD)
Besides who really need a concierge, google it, call n that s it. Maintainance fee at 3K per month is ridiculous.
A bit tired of all the franchises biz: have coffee at Starbucks, work out at california fitness, dance at MOS, live in Ritz or in Armani condo, nahhh

It's the brandname. If you live in The Ritz Carlton, anyone anywhere will know you are somebody. Hilltops? Do you stay in a farm? Anyway I think Ritz quality will be comparable or even exceed Hilltops.

BTW, How can you compare RItz to California or Starbucks? Those are community centres! :lol:

nomufan
October 6th, 2007, 05:08 AM
Well that s my point precisely, u don t need to flaunt it (I m staying in RC residences to be somebody) to live in style.
Today the world of true luxury is a discreet world, no longer so in your face.
Maybe u ve heard of this beautiful leather brand called Bottega Venetta (it belongs to Gucci group FYI), it s dubbed the no logo brand as it s not shouting LV or Prada it s just pure nice leather goods. Not showy but actually more expensive than LV.
Much prefer the approach: if u are in the know then you will recognise...but once again it depends on each individual.

Excelsvr
October 6th, 2007, 05:39 AM
It's the brandname. If you live in The Ritz Carlton, anyone anywhere will know you are somebody. Hilltops? Do you stay in a farm? Anyway I think Ritz quality will be comparable or even exceed Hilltops.

BTW, How can you compare RItz to California or Starbucks? Those are community centres! :lol:

Hilltops is also quite renowned in Singapore. The previous Hilltops was in the History of Singapore book. Yes, I agree with you that the quality is comparable. :)

surfers_
October 6th, 2007, 05:54 AM
Ritz and St Regis brandings appeal to a very niche group of buyers. Singapore is moving nicely towards a global city. The brands assure quality and sevices from the demanding globally frequent traveler HNWI. Definitely not for the common man off the streets. :lol:

Would definitly prefer Hilltops by SC global eventhough haven t seen the Ritz C project. SC s reputation as a developper is excellent n their projects are truly beautiful and innovative (and no I have no shares of SCGD)
Besides who really need a concierge, google it, call n that s it. Maintainance fee at 3K per month is ridiculous.
A bit tired of all the franchises biz: have coffee at Starbucks, work out at california fitness, dance at MOS, live in Ritz or in Armani condo, nahhh

Excelsvr
October 6th, 2007, 08:49 AM
Of course, these are high-end condominiums for the rich only.

luciferyang
October 7th, 2007, 12:21 PM
Well that s my point precisely, u don t need to flaunt it (I m staying in RC residences to be somebody) to live in style.
Today the world of true luxury is a discreet world, no longer so in your face.
Maybe u ve heard of this beautiful leather brand called Bottega Venetta (it belongs to Gucci group FYI), it s dubbed the no logo brand as it s not shouting LV or Prada it s just pure nice leather goods. Not showy but actually more expensive than LV.
Much prefer the approach: if u are in the know then you will recognise...but once again it depends on each individual.

Make no mistake, I m into subtleness.
Actually i m into TOD's, have shoes and leather stuff from them. You can't see the logo too. Bottega Venetta is a ripoff. Cross-leather patterns throughout all their products.
Just that Ritz will give you better value for money and international recognition in terms of rental etc.

Excelsvr
October 7th, 2007, 01:31 PM
Just tell people you live in the Ritz-Carlton Residences and they will go ga-ga :lol:

studio3
October 9th, 2007, 07:17 PM
Make no mistake, I m into subtleness.
Actually i m into TOD's, have shoes and leather stuff from them. You can't see the logo too. Bottega Venetta is a ripoff. Cross-leather patterns throughout all their products.
Just that Ritz will give you better value for money and international recognition in terms of rental etc.

HERMES

luciferyang
October 10th, 2007, 03:22 AM
HERMES

HERMES is subtle but they have very few guy stuff. And their design just doesn't do it for me.

Excelsvr
October 10th, 2007, 02:32 PM
Hehe..Girly stuff eh? :D

shctaw
October 15th, 2007, 04:39 PM
Ritz-Carlton’s first Asia residence


The Ritz-Carlton has selected Singapore for its first private residential property in Asia, with Hayden Properties developing the high-profile project at 65 Cairnhill Road, close to the vibrant Orchard Road shopping district. The Ritz-Carlton will train and manage the residence’s staff, who will deliver an array of services including housekeeping, a 24-hour dedicated concierge, sommeliers and doormen.

Situated on almost 60,000sqft of elevated land, the 36-storey Ritz-Carlton Residences will have 56 apartments and two penthouses. Each unit comes with designer fittings and appliances, such as Sub-Zero refrigerators, and all bedrooms have ensuite bathrooms.

Recreational facilities include swimming pools, a barbecue area, tennis courts and a manicured maze garden on the ground floor. An eye-catching feature will be three sky terraces featuring a lap pool, hydro pool, gym, coffee shop, library, wine cellar, and an open kitchen and entertainment area, managed by The Ritz-Carlton.

Hayden Properties, a joint-venture set up last October between KOP Capital and Emirates Tarian, first made headlines in Singapore as the developer behind the much-anticipated ‘car porch condo’ at 37 Scotts Road. This latest alliance with a world-renowned hospitality brand is further testament to the company’s eye for boutique, high-class developments.

“We’re pleased to work with The Ritz-Carlton and proud that The Ritz-Carlton Residences, Singapore is the first of its kind in Asia,” said Leny Suparman, Director and Head of Real Estate of Hayden Properties (pictured far left, with Ong Chih Ching of Hayden, Shawn Hill of Marriott International and Ritz-Carlton’s Simon Manning).

“This shows Singapore is recognised as a global market,” she added. “We’re confident this development will be very appealing to many who have been waiting for such a product in the market.”

Since The Ritz-Carlton Company opened its first residence in 2000 in
Washington, DC, an additional 15 have since opened, and 16 more are under construction. While Singapore marks Ritz-Carlton’s first residential project in this region, the company opened the first of its 11 hotels in Asia in Hong Kong in 1993.

“The choice of Singapore as the place in Asia to launch indicates our confidence in the country as a highly desirable and sought-after location for distinctive residential projects,” said Herve Humler, President, International of The Ritz-Carlton Hotel Company.

“The Ritz-Carlton Residences aims to up the ante in high-end living by providing the legendary Ritz-Carlton experience to residents, who will enjoy the same gold standard of hospitality, encompassing the finest personal service and facilities.”

Excelsvr
October 15th, 2007, 05:22 PM
Any renderings so far? I'm eagerly anticipating for it. Three sky terraces featuring a lap pool, hydro pool, gym, coffee shop, library, wine cellar, and an open kitchen and entertainment area, managed by The Ritz-Carlton sounds good though. Is the plot very big?

bigbird72
November 6th, 2007, 04:40 AM
I think Cairnhill is just as much a part of Orchard as Ardmore/Draycott are.

BTW, Ritz-Caltion Res coming.

Excelsvr
November 6th, 2007, 12:58 PM
Yes! So exciting! ^^ Anyone have renderings of The Ritz-Carlton Residences post it on the thread itself! I will sure log on and see one :D

Excelsvr
November 23rd, 2007, 02:18 AM
The rendering in today's Straits Times.

http://i228.photobucket.com/albums/ee304/Excelsvr/DSC00512.jpg

klavah
November 23rd, 2007, 08:15 AM
Wow, it looks very thin

I'll post this in the world forums

Excelsvr
November 23rd, 2007, 02:53 PM
Three sky terraces in one building, spectacular!

I think we should get more pictures before posting it in the world forums.

Josh Tay
November 28th, 2007, 05:06 PM
In yesterday's Business times.

The reported $5,000 psf for Ritz Carlton Residences at Cairhill is a possible benchmark for their launch price, new development at Westwood Apartments
- The Business Times, P10

Ritz Calton Residences at Cairnhill is on private preview now
Anyone interested? From $12mil onwards.....:cheers:

Excelsvr
November 29th, 2007, 05:26 AM
In yesterday's Business times.

The reported $5,000 psf for Ritz Carlton Residences at Cairhill is a possible benchmark for their launch price, new development at Westwood Apartments
- The Business Times, P10

Ritz Calton Residences at Cairnhill is on private preview now
Anyone interested? From $12mil onwards.....:cheers:

Woah, will they judge you by your looks or not? I no 12m leh :(

Josh Tay, you have any more information on this? Prices starting from $5,000 psf or highest at $5,000 psf?

spikeshamz
February 19th, 2008, 11:29 PM
Any new updates on this??

bigbird72
February 20th, 2008, 12:47 AM
Any new updates on this??

yes. nothing sold in jan according to URA. only 5 out of 58 sold..

cnud
February 20th, 2008, 03:10 AM
Where are the buyers?

SS88
February 20th, 2008, 03:49 AM
I think Ritz Carlton is overpriced and the design of the condo is not that great.

blackghost
February 20th, 2008, 06:20 AM
and it's really bad time now. if last year this time, they may sell all of the units at this price range, but not this year, and it may get worse!!!!

lincholia08
February 20th, 2008, 06:42 AM
I believe they will not be pressured into selling. Ritz Carlton residences was the former horizon view condo which went enbloc at about 800+ psf ppr. Based on this purchase price, the developer is sitting on mega huge profits. Renting out the units upon TOP will probaby reap in very high returns.

bigbird72
February 20th, 2008, 09:44 AM
I believe they will not be pressured into selling. Ritz Carlton residences was the former horizon view condo which went enbloc at about 800+ psf ppr. Based on this purchase price, the developer is sitting on mega huge profits. Renting out the units upon TOP will probaby reap in very high returns.

Hayden is one of those buy and buy and sell little 'no-fat' asset heavy developer. Holding power may not be as strong as listed cos like CDL and F&N.

lincholia08
February 20th, 2008, 10:20 AM
Fortunately, its a JV project. spread the risks :lol:

blackghost
July 14th, 2008, 12:00 AM
any news about this project?

RafflesCity
August 26th, 2008, 02:55 AM
Lian Beng wins coveted Ritz-Carlton Residences job

26 Aug 08

http://www.straitstimes.com.sg/STI/STIMEDIA/image/20080825/ST_IMAGES_JELIAN.jpg

HOME-GROWN contractor Lian Beng Group has clinched the contract to build Singapore's most prestigious brand-name residences.
The mainboard-listed firm yesterday announced it has won a $99.5 million award to build the Ritz-Carlton Residences - the five-star hotel brand's only such project in Asia.

The award marks Lian Beng's entry into the high-end, luxury property market. The firm has set up a new unit, Millennium International Builders, which will build the project and focus on expanding into the luxury property market.

Lian Beng's managing director, Mr Ong Pang Aik, told The Straits Times there is a perception that ultra-luxury construction projects go only to foreign companies.

'So we're proud that a local firm has won this award. It's the first of many to come for Millennium,' he said.

There was strong competition for the tender, with many foreign contenders, said Mr Ong.

'But we have 30 years of experience, and in recent years handled many technically challenging projects, and I believe this - and our attractive tender price - gave us an edge,' he added.

All the 56 units at the Ritz-Carlton Residences in Cairnhill will come with designer fittings and appliances.

Mr Ong said this is an opportunity for Lian Beng to expand its foothold in the construction of niche projects which require specialised technical knowledge in dealing with challenging design features.

Among the features of the property, located on the site of the former Horizon View, are a lap pool, a library, a wine cellar, a kitchen and a 24-hour concierge service managed by the Ritz-Carlton.

The 32-storey project, which offers three- and four-bedroom units and two penthouses, has already sold some units - at more than $5,000 psf last year.

Lian Beng's latest foray is a marked contrast from the basic HDB flats it started building when it was set up in 1973.

Although it still builds HDB flats, Lian Beng has moved on to private mass-market condos and commercial projects.

It has also moved selectively into property development, such as Kovan Residences, of which it has a 19 per cent stake.

This latest contract will boost Lian Beng's order book to about $770 million.

The firm recently reported a tripling of its full-year net profit to $11.9 million, up from $3.5 million a year ago, on the back of the recent building boom.

Mr Ong said yesterday that surging construction costs will not be a factor in building the Residences as the firm has already 'locked in' the supply of materials needed.

The Ritz-Carlton project is a partnership between Ritz-Carlton and Hayden Properties, which is a 50-50 joint venture between real estate firm KOP Capital and Emirates Investment Group unit Emirates Tarian Capital.

Hayden's group chief executive, Ms Ong Chih Ching, said yesterday the new partnership is 'a reflection of our belief in working with homegrown companies'.

Lian Beng said it will begin construction this quarter. The project is due for completion by the end of 2010.


Straits Times

blackghost
August 26th, 2008, 06:18 AM
$5000 psf? you serious?

LittlePig
August 26th, 2008, 06:35 AM
if I have that kind of money, I'll rather buy Nassim Park Residence for about 60% of the price, psf-wise... and get a better address...

arthur
August 26th, 2008, 11:55 AM
if I have that kind of money, I'll rather buy Nassim Park Residence for about 60% of the price, psf-wise... and get a better address...you dont think the brand ritz-carlton worth $5000psf?

blackghost
August 26th, 2008, 07:28 PM
you dont think the brand ritz-carlton worth $5000psf?

NO! haha!

arthur
August 27th, 2008, 03:00 AM
NO! haha!how much do you think the branding worth?

blackghost
August 27th, 2008, 04:08 AM
how much do you think the branding worth?

I don't know how much. but look at the St Regis. also 5 star, but far from $5000 psf. by the way, How many unit sold anyway?

LittlePig
August 27th, 2008, 10:58 AM
you dont think the brand ritz-carlton worth $5000psf?

I don't know but I prefer the Nassim address/location... IMHO, Nassim is a far superior address than Cairnhill, and even if they were on par, the almost $2,000psf difference the "Ritz" brandname commands is a little on the high side... hard to justify the $2,000psf premium even if they use far superior fittings & fixtures, and not forgetting Nassim Park Residence's fittings & fixtures are already very high-end to boot... so to little pig, its a no-brainer...

and from an investment point of view... NPR is a 40% discount compared to Ritz, from another angle, an increase from $3,000psf to $5,000psf is a 66.66% return... but at $5,000psf, Ritz will have to go up to $8,333psf to match the percentage return... little pig thinks there's more upside for NPR than Ritz...

bigbird72
August 27th, 2008, 11:02 AM
Still waiting for Hayden Prop to 'toh' leh.....maybe Hayden Prop will be the 'opportunity' that Kwek is waiting for.....

Baby
August 27th, 2008, 12:49 PM
$5k bought at last year peak. Depend owners can hold or not ? If all return, liao ! btw, Hayden and Lian Beng were local Ah Lian and Ah Beng company trying to do an image upgrade change . One used to do hawker centre and wet market, while the other build HDBs. Just wonder their luxury design will shift how much away from the image of HDB design ? :lol:

bigbird72
August 27th, 2008, 02:29 PM
$5k bought at last year peak. Depend owners can hold or not ? If all return, liao ! btw, Hayden and Lian Beng were local Ah Lian and Ah Beng company trying to do an image upgrade change . One used to do hawker centre and wet market, while the other build HDBs. Just wonder their luxury design will shift how much away from the image of HDB design ? :lol:

wet mkt is Heeton. Hayden is founded by female lawyer.

those few buyers pays downpayment only. need to build to collect the rest of money. so Hayden still not home free.

Baby
August 27th, 2008, 06:03 PM
oops, I so embarrassing.....:hammer:

wet mkt is Heeton. Hayden is founded by female lawyer.

Passion
August 27th, 2008, 06:07 PM
it is not easy to achieve branding and image over a relatively short period of time.

One fine example is Keppel Land, where they ventured into developing uber image Reflections project. Despite the engagement of world class pritzker prized architect, accompanying with top notched Miele appliances, $8 million showflat and a double page of our local newspaper advertisement, somehow it failed to match the high priced commanded by SC Gobal.

Baby
August 28th, 2008, 04:04 AM
IMO, more of a location branding issue.

it is not easy to achieve branding and image over a relatively short period of time.

One fine example is Keppel Land, where they ventured into developing uber image Reflections project. Despite the engagement of world class pritzker prized architect, accompanying with top notched Miele appliances, $8 million showflat and a double page of our local newspaper advertisement, somehow it failed to match the high priced commanded by SC Gobal.

overlorden
August 28th, 2008, 04:25 AM
it is not easy to achieve branding and image over a relatively short period of time.

One fine example is Keppel Land, where they ventured into developing uber image Reflections project. Despite the engagement of world class pritzker prized architect, accompanying with top notched Miele appliances, $8 million showflat and a double page of our local newspaper advertisement, somehow it failed to match the high priced commanded by SC Gobal.

actually i think Keppel image is quite OK and they are known for quite good quality (at least in my opinion much better than Fareast or Capitaland or a lot of smaller players). i think the reason that reflections cannot price higher is nothing to do with developer image...instead, it is the following factors:

1. location - waterfront is good but still considered a cut below prime D9 and 10. must pay heed to surrounding area when pricing (ie. cannot be too far above re-sales at carribean)

2. size - reflections is a massive project with a huge number of units. hard to find so many people to pay such a steep premium. you will notice that most of SC Global projects, to use your example, are smaller boutique projects therefore easier to push out an 'exclusivity' premium in the pricing

3. tenure is 99yr

arthur
August 30th, 2008, 08:21 AM
I don't know but I prefer the Nassim address/location... IMHO, Nassim is a far superior address than Cairnhill, and even if they were on par, the almost $2,000psf difference the "Ritz" brandname commands is a little on the high side... hard to justify the $2,000psf premium even if they use far superior fittings & fixtures, and not forgetting Nassim Park Residence's fittings & fixtures are already very high-end to boot... so to little pig, its a no-brainer...

and from an investment point of view... NPR is a 40% discount compared to Ritz, from another angle, an increase from $3,000psf to $5,000psf is a 66.66% return... but at $5,000psf, Ritz will have to go up to $8,333psf to match the percentage return... little pig thinks there's more upside for NPR than Ritz...i have learnt... thanks lord pig!

since we are at hayden, will you pay $3000psf for hamilton scotts? 2756sqft pure inside space not including the 2 carpark space...

LittlePig
August 30th, 2008, 10:49 AM
i have learnt... thanks lord pig!

since we are at hayden, will you pay $3000psf for hamilton scotts? 2756sqft pure inside space not including the 2 carpark space...

No no no... I'm but a meek little pig... :lol:

King Arthur of the Knights of the Round Table, if you bring your humble peaseant to hamilton scotts, the little pig will offer his 2 cents' worth...

But until then, the narcissistic pig still prefers the Nassim address... :lol:

bigbird72
August 30th, 2008, 04:30 PM
Read that Edge today. KOP (Hayden) Capital bot series of European luxury hotels (Stein) for $250m. So cash rich. Arab money power.

arthur
September 1st, 2008, 05:40 AM
No no no... I'm but a meek little pig... :lol:

King Arthur of the Knights of the Round Table, if you bring your humble peaseant to hamilton scotts, the little pig will offer his 2 cents' worth...

But until then, the narcissistic pig still prefers the Nassim address... :lol:

hv posted the url of hamilton scotts in the hamilton scotts thread. will inform you when can i bring you in. hehe....

spikeshamz
March 12th, 2009, 10:52 AM
^^I know this is an old article but it has not been posted yet - anyway any update photos for this??^^
http://www.ameinfo.com/images/news/2/53682-ritz.jpg
Under development by Hayden Properties, a joint venture between KOP Capital and Emirates Tarian Capital, a unit of Emirates Investments Group, Ritz-Carlton Residences, Singapore was launched in Dubai.

Sheikh Tariq bin Faisal Al Qassimi, Chairman of Emirates Investments' Group, gave his patronage to the launch of an invitation-only road show promoting the Ritz-Carlton Residences, Singapore in Dubai accompanied by His Royal Highness Prince Mishal bin Abdul Aziz Al Saud, Chairman of Al Shoula Holding Group, and His Royal Highness Prince Abdul Aziz bin Mishal bin Abdul Aziz Al Saud, the Group's Chief Executive Officer.

The luxurious 36-storey, 58 unit Ritz-Carlton Residences will be built in the exclusive Cairnhill neighbourhood in Singapore, and will be managed by the Ritz-Carlton Hotel Company L.L.C.

Sheikh Tariq Al Qassimi said that Singapore's investment environment was increasingly attractive to GCC investors, providing a means for diversifying real estate investment portfolios beyond traditional frontiers for individual and institutional investors. 'The Ritz-Carlton Residences have been confirmed as one of the most exclusive residential developments in Singapore today, and the Ritz-Carlton Hotel Company now sees this unique project as the finest one to bear the Ritz-Carlton name to date,' he stated.

Kunalan Sivapuniam, Managing Director and partner at Emirates Tarian Capital, said at the press conference, 'The Ritz-Carlton Residences in Singapore will bring unprecedented levels of comfort and luxury for those who need to hand over the little details to someone else. Living at The Ritz-Carlton Residences will mean having the convenience of valet parking, a round-the-clock concierge helping with errands, housekeeping, and butler service, all at the most fashionable address in town.'

In addition, Mr. Kunalan said that these amenities would come in apartments of generous sizes, beginning at around 2,800 sq ft for 3-bedroom units, and going up to nearly 3,500 sq ft for 4-bedroom condominiums. The Ritz-Carlton Residences, Singapore, Cairhnill will also feature two penthouses at approximately 6,500 sq ft in the first fully strata-titled branded luxury residence of its kind in Asia. Construction on the project is now underway and slated for completion in 2010, and is currently one of Singapore's most coveted properties.

Ong Chih Ching, co-founder and Managing Director of Singapore's Hayden Properties, said, 'We at Hayden Properties are very excited to be in Dubai, and we recognize that there are many high net-worth individuals in the region who appreciate an exceptional level of service in their homes, which we aim to provide through our partnership with The Ritz-Carlton Hotel Company L.L.C. Living in The Ritz-Carlton Residences will be like living in your favourite hotel and calling it home.'

Ms. Ong also noted that The Ritz-Carlton Residences, Singapore, reflects a growing worldwide trend for co-branding in residential developments. 'Dubai and Singapore have a lot in common in terms of the increasing quality of luxury residences. With this class of development, price reflects a certain quality of lifestyle. Customers want to get what they pay for, as they usually own multiple homes for long periods of time, and are therefore very selective about what they buy,' she added.

Long known as an economic hub of the Far East, Singapore has proven to be fertile ground for a vigorous property market, with record levels of investment activity in the past two years. Economists and market watchers anticipate strong demand levels through 2008 and 2009, with many expecting expansion all the way through.

PrecisionDrive
March 15th, 2010, 05:17 PM
if I have that kind of money, I'll rather buy Nassim Park Residence for about 60% of the price, psf-wise... and get a better address...
Someone bought a unit in Nassim Park Residences for $3,460 psf in February this year.

PrecisionDrive
March 15th, 2010, 05:18 PM
Someone bought a unit at The Ritz-Carlton Residences Singapore for $3,762 psf in February this year.

Vrooms
March 30th, 2010, 01:23 PM
I prefer the Bangkok Ritz-Carlton Residences. Singapore's looks too conservative. I also think its too expensive. Rather stay at the St Regis Residences. Heard its much cheaper.

Greg
April 24th, 2010, 10:13 AM
http://www.rcresidences.com.sg/

CondoExpert.sg
December 16th, 2011, 11:51 AM
The Ritz Carlton Residences @ Cairnhill (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/The-Ritz-Carlton-Residences-building.jpg

Summary

Developer : KOP Properties
Est. TOP : May 2013
District : 9 (Cairnhill Area)
Est. Quantum Price : Price On Ask
Location : 65 Cairnhill Road
No. Of Towers : 1
Tenure : Freehold
No. Of Storey : 36
Site Area : 59,000 sqft
No. Of Units : 58
Main Orientation : East / West
Units Composition : 3, 4 Bedrooms and Penthouses
Distance to MRT : 4 Mins Walk to Farrer Park MRT
Buyers Eligibility : Locals/PRs/Foreigners
Payment Scheme : Normal Progressive
Primary Schools within 1km : To Be Released

Unit Types and Sizes

(No. of Units - Sizes (sqft)) 3 Bedrooms
38 - 2831

4 Bedrooms
16 - 3057

Penthouses
4 - 3574/6501

Facilities

Swimming Pool
24 Hr security
BBQ Pit

4th floor
Lap pool
Hydro pool
Gym & steam room

14th floor
Ritz-Carlton mended coffeeshop
Function area
Library

24th floor
Ritz-Carlton mended wine cellar
Entertainment area
Outdoor kitchen

Swimming Pool

http://www.condoexpert.sg/wp-content/uploads/2011/05/The-Ritz-Carlton-Residences-pool.jpg

Function Area

http://www.condoexpert.sg/wp-content/uploads/2011/05/The-Ritz-Carlton-Residences-function.jpg

Site Map

http://www.condoexpert.sg/wp-content/uploads/2011/05/The-Ritz-Carlton-Residences-sitemap.jpg

Street Map

http://www.condoexpert.sg/wp-content/uploads/2010/07/The-Ritz-Carlton-Residences-streetmapbig.jpg

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

arthur
February 19th, 2012, 01:50 PM
This Project has TOP. Moderator, kindly please move this thread to the correct section. Thanks!

Linus Tay
May 3rd, 2012, 07:09 AM
Any one or has client interested do let me know as marketing the units.....