
Launching: Suites at Shrewsbury and Stevens Suites
Boutique developments in prime spots mark property launches this month.
Suites at Shrewsbury by Macly Capital Pte Ltd
Location: District 11, 84 Shrewsbury Road
Tenure: Freehold
Previewing: Early June 2010
T.O.P.: 2Q 2012
Type: Suites at Shrewsbury is a boutique studio condominium at Shrewsbury Road,
off Moulmein Road. A short walk to Novena MRT, it is close to shopping amenities such as Novena Square and United Square. There are a total of 15 one-bedroom and one+study units, mostly about 323-366 sq ft in size, including an exclusive penthouse with its private jacuzzi. Condominium facilities include an attic pool, Jacuzzi and a poolside BBQ terrace. Prices are estimated at S$2,100 per sq ft.
Analyst's forecast: Location and affordability are the key selling points for this project. Novena district boosts a plethora of amenities and is conveniently located close to Orchard and downtown. In the midst of growing property prices, the relatively affordable quantum will be attractive to young PMEBs seeking a prime bachelor pad.
Stevens Suites by EL Development
Location: District 10, 2 Stevens Close
Tenure: Freehold
Previewing: June 2010
T.O.P.: 2013/2014
Type: Stevens Suites is a luxurious boutique condominium project with an exclusive 32 freehold units ranging from 1 to 4 bedrooms with sizes of 700 to 1970 sq ft. Strategically located near the future Stevens MRT station, it is a short drive to the Orchard shopping belt. It is also located within a 1km radius of top schools like Raffles Girls School, Singapore Chinese Girls School and ACS Primary (Barker). Estimated pricing is S$1,900 per sq ft.
Analyst's forecast: Located at the cusp of Orchard Road and mere minutes from Stevens MRT station, this project displays tremendous potential for capital appreciation.
Source credit: Keith Ng, Asia Property Group Pte. Ltd.