If you’re looking to purchase a luxury condo in the Leonie Hill Road region then you should be scheduling to take a look at a new project being launched called New Futura. It boasts a contemporary design that’s just stunning and more than matches the interior. All in a fantastic location.
The two towers or 36 stories high, with a combine 124 units with construction due to be completed the 2nd half of 2017. It’s understand that the unit will arrange from 2 to 4-bedroom units and five-bedroom penthouses. The smaller units will be 1089 sq ft and the largest units will be able to boast 7825 sq ft. All units regardless of size will have private lift access.
There are very few developments inside the Core Central Region and Urban planners are very specific and demanding when they do greenlight a new project, especially a residential development that is going to have a bearing on the skyline of Singapore and judging by the design, become iconic and for some synonymous with Singapore.
So understandably, journalists and the general public alike are excited to see what the developers are going to deliver. As are investment and luxury property owners who are looking for more status and luxury.
The developer for the Leonie Hill Road site is none other than City Sunshine Holding Pte Ltd, a subsidiary of the developer giant City Developments Limited. A Singapore-based company, CDL have a huge footprint both in Singapore and internationally recently counted to include developments in 26 countries around the world, and 96 locations.
At was reported at the time that the initial land sale was made by a joint partnership of City Development Limited with the Israel-based American company, El-Ad Group. The initial sale was for $287.3, which translates to $1,179 per square metre. This was in 2006 but since then, El-Ad Group has sold their 50% stake directly to CDL making them sole owners of the project, as it currently stands.
CDL are the kind of company you want to invest in property with. They have a really diverse portfolio of investments from offices in shopping malls, condominiums to hotels. When discussing luxury residential developments, most people would struggle to find CDL’s equal. Recent launches include Gramercy Park and Coco Palms.
They like to make their developments unique, to pathe the way for developers to follow. They represent the kind of company you should consider investing your property with. Stable, diversified and well managed with expertise in developing luxury residential properties. They’ve been in development for over 50 years and manage over $3.5 billion in funds, so they are as secure an investment in property as you are likely to see.
As one of Singapore’s architects, they’ve been designing beautiful and functional building throughout Singapore since October 1996 including residential, commercial, industrial and institutional properties.
ADDP architects have won hordes of awards, and win dozens on a yearly basis. They are innovative and groundbreaking. Here are some of the awards ADDP won in 2016 alone:
This development is for residents who have a real appreciation for the finer things in life. For developers who find the perfect balance between aesthetics and functionality. Great care has gone into every detail, the proof is in the overall result. Two imposing and visually striking towers of 36 stories that combine to offer a mere 124 units but with a host of configurations that allow the development to cater to the needs of its future residents.
Designed by the well respected and innovative Architects ADDP. The buildings are a work of art themselves. Literally. Each tower boasts horizontal aluminum fins that are displayed at varying lengths and width, purely for the sake of representing art. Without a doubt, the New Futura will become an iconic landmark in the Skyline of Singapore for years to come.
An example of art and functionality meeting is represented by the elevated decks that can be found throughout the structure or the visually stunning sky bridges that connect the 2 towers. It is by all standards a truly amazing design, but it actually offers more than that. The design, as beautiful as it is, allows the building to be eco-friendly. It has been awarded the coveted Green Mark Gold Plus certification from the BCA. It’s an eco-friendly design and it is sustainable.
With a Condominium of this prestige, expectations are understandably high when it comes to communal spaces and facilities. In New Futura’s case, you won’t be disappointed. Everything is taken care of, from high tech gym and swimming pool to tennis courts and rooftop gardens. Feel free to take advantage of the BBQ areas, where you can spend time with guests or other residents. The New Futura development with be an exceptional place to live.
Currently, there is not a lot of financial data relative to the New Futura. Most estimates are expecting prices to be somewhere upwards of $2700 per square feet. It’s only an estimation at this point any comparative information is difficult to use because most recent developments have been outside the Core Central Region (CCR) and pricing for property in the Outside Central Region (OCR) has it’s own dynamics.
One development we could use as a reference point regarding financial data for the New Futura is Martin Modern, developed by Guocoland. The 450 unit development in Robertson Quay is estimated to have an average lower price of $2300 per square metre, but it’s not going to be as upmarket as New Futura.
Alternatively, a development in the Outside Central Region worth using a comparative for pricing is CDL’s Gramercy Park which has seen units sold from $2,600 per square metre to $2,800 per square metre.
Situated on Leonie Hill Road, the future residents of the New Futura development are going to be impressed by the accessibility of the location.
With Somerset MRT station a stone’s throw away, and Dhoby MRT and Orchard MRT easy to get to, you have access to the other districts of Singapore. For drivers, Central Expressway is close by meaning you are able to get around Singapore very effectively.
It takes a maximum of 20 minutes to travel to the Central Business District and a very short drive away is Orchard Road, the heart of Singapore’s shopping district. You also have Tanglin Mall, Plaza Singapura, Great World City and Marina Bay Sands nearby.
Orchard road is possibly the most famous street in Asia. It’s the home of shopping for Singapore and is 2.2m in length. It recently underwent a $50 million revamp to bring it into the 21st century with new street lighting, flower poles, and green rooms. It’s a major attraction for tourist and has over 25 different shopping malls on the road where you can get everything from top of the range designer clothes to almost any toy from stores such as Toys R Us. It’s really quite impressive.
Having your residence in the Orchard area gives you unrivaled access to amenities. It’s especially attractive for those residents who enjoy the vibrant energy and the hustle and bustle of living in the heart of the city.
Orchard Road is full to bursting with shopping malls, restaurants, hotels, cinemas, spas and beauty services and nightlife., you’ll never run out of options
With a host of embassies close by, the area boasts some of the most respected international schools in Asia, including Overseas Family School, ISS International School (elementary and middle school) and Chatsworth International School.
One of the most established condominiums in the area, that’s considered luxurious, would be
Scotts Square by Wheelock Properties. In 2011 data suggests that units were being sold at $3,710 per square feet.
A freehold offering 338 contemporary units in two high storey blocks and a retail area on the lower floor, units included one, two and three bedroom condos that ranged from a cozy 624 sq ft to a vast 1,249 sq ft
Another suitable development for comparison might be the 158 unit complex called Vermont, situated on Cairnhill. Voted one of the best developments in 2014, and brought to you by Bukit Sembawang Estates, the luxury condominium had an average sq ft of $2,500.
From time to time a development is designed that’s going to redefine the skyline of Singapore, and that’s what New Futura represents. Situated on Leonie Hill Road, City Development Limited have gone to renowned architects ADDP and asked them to design something special and they haven’t disappointed. They’ve designed a work of art. Literally. They have used the exterior of New Futura project as a canvas and designed something that resembles contemporary art whilst being functional in every sense.
The developers have decided to not have showrooms available, so we’re waiting with baited breath to be shown the specifics of the interior but knowing the reputation of CDL and having seen their other luxury developments like The Gramercy, we know we won’t be disappointed. All rumors suggest that this development will be their greatest work to date.
The development has already been awarded the Green Mark Gold Plus certification from the BCA meaning it’s as eco-friendly as it striking. We also know that every little detail has been considered, from a high-tech gym to rooftop garden, Tennis courts to BBQ pits.
The location is the heartbeat of the city. With easy access to all major connections, via road and rail, you can get anywhere in Singapore with relative ease, for example, the Central business district is less than 20 minutes away. However, for shopping, relaxing, eating and socializing, you have Orchard, the shopping capital, on your doorstep.
Practically, you have leisure facilities, schools, and hospitals all close by. This is not the kind of location that you’ll be waiting to be developed, which has its own merit. For comfort right now, this is development for you, in every sense.
This development represents award-winning developers, hiring some award winning designers to design something beautiful and function, in the most iconic area of Singapore. It’s an important moment and once this project is completed the skyline will never be the same again. People, have the chance to own a home and be part of that. Expect to be blown away by The Futura and you won’t be disappointed.