Tag Archives: Orchard Road

District 10 luxury condo to launch this weekend

Posted on 28 Jun 2013 | Comments Off on District 10 luxury condo to launch this weekend

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One Balmoral, a 91-unit luxury condo by Hong Leong Holdings, is set to launch this weekend.

Located in District 10 along Balmoral Road, the freehold development features one- to four-bedroom units ranging between 592 sq ft and 1,657 sq ft in size, and are priced from S$1.5 million.

“The apartments in One Balmoral are designed with luxury in mind. Each unit is fitted with designer wardrobes and kitchen cabinets imported from Italy,” said Betsy Chng, Head of Sales and Marketing at Hong Leong Holdings.

“Similar with our other projects, buyers can be assured of quality finishing and stylish designs.”

The project is in proximity to the Orchard Road shopping belt and various educational and recreational facilities.

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House of Tan Yeok Nee up for sale by tender

Posted on 27 May 2013 | Comments Off on House of Tan Yeok Nee up for sale by tender

The House of Tan Yeok Nee, the building which formerly housed the University of Chicago Booth School of Business, has been put up for sale by tender.

Located at the corner of Penang Road and Clemenceau Avenue, the building was gazetted as a National Monument by the Preservations of Monument Board in 1974.

The freehold commercial property also won a special commendation from the Paris-based FIABCI at the Prix d’Excellence in 2002.

According to the marketing agent Jones Lang LaSalle, the property has the potential for alternative uses such as a flagship office building, specialist retail, hospitality or F&B usage.

It added that owner occupiers or investors can also leverage off the building’s prominence and historical significance.

Jones Lang LaSalle’s national director of Investments, Anthony Barr, said: “This is a rare opportunity to acquire an asset for commercial use in a prime location in the Orchard Road precinct.

“Potential to increase existing usable space through the reconfiguration of void areas and use of courtyard space could provide further amenity to owners of the building.”

The property is owned by ERC International. ERC had acquired the site for a reported S$60 million from German real estate fund Union Investment Real Estate in 2012.

The tender will close on 5 July 2013.

Source : CNA – 27 May 2013

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