Uptown @ Farrer

Uptown @ Farrer is a mixed-used development that is attractively located right beside Farrer Park MRT station and in front of City Square Mall. Upon completion, the development will provide 116 units of flats (23 storeys), 240 units of serviced-apartments (18 storeys), two levels of car park, and 500 sqm of commercial space.

Uptown @ Farrer Farrer Park Facade 2

Uptown @ Farrer Location

In addition to the convenience of Farrer Park MRT station, within the ~2km radius of Uptown @ Farrer include Plaza Singapura, Bugis Junction, Novena Square, Newton MRT station, Tan Tock Seng Hospital and Singapore Sports Hub! The location is unbeatable due to its proximity to so many areas of interests!

Uptown @ Farrer Farrer Park location

For investors, there is no lack of tenants due to the short walking distance to Farrer Park MRT station, and the typical tenant profile ranges from white collared workers who work in the CBD, staff working in the retail industry at the Orchard/Bugis belt, to healthcare staff working in the medical suites in Novena.

Nearby Amenities

Category Nearby Amenities Approximate Distance
Train Stations Farrer Park (NE8) 0.1km
Bus Stop Opp Farrer Park Station (Bus: 141)
After Race Course Rd(Bus: 131, 141)
0.1km
0.1km
Supermarkets Fairprice (City Square Mall)
Prime (803 King George’s)
Sheng Siong (108 McNair Road)
Cold Storage (Bugis Junction)
0.2km
0.8km
1.1km
1.5km
Shopping Malls City Square Mall
Mustafa Centre
Kitchener Complex
The Verge
Sim Lim Square
Albert Complex
Bugis Village
Fortune Centre
Bugis+
Bugis Junction
Novena Square
0.2km
0.3km
0.8km
1.0km
1.1km
1.2km
1.4km
1.4km
1.5km
1.5km
1.5km
Education Institutions Preschool
Khalsa Kindergarten
PCF Moulmein Blk 10
MOE Kindergarten @ Farrer Park
Foochow Methodist Church Kindergarten
Kampong Kapor Methodist Church Kindergarten
PCF Jalan Besar Blk 806
PCF Kampong Glam Blk 462-3
NAFA Arts Kindergarten (Derbyshire)
Thomson Road Baptist Kindergarten
Newton Kindergarten
0.4km
0.4km
0.5km
0.6km
0.6km
0.8km
1.1km
1.1km
1.2km
1.6km
Primary
Farrer Park Primary School
Stamford Primary School
Hong Wen School
Saint Joseph’s Institution Junior
Bendemeer Primary School
Saint Margaret’s Primary School
Anglo-Chinese School (Junior)
Balestier Hill Primary School
0.5km
1.0km
1.0km
1.2km
1.5km
1.6km
1.6km
1.9km
Secondary
Northlight School
Bendemeer Secondary School
Balestier Hill Primary School
School of the Arts, Singapore
CHIJ Katong Convent
0.7km
1.4km
1.6km
1.6km
1.9km
Junior College
St. Andrew’s Junior College 2.5km
Tertiary
Nanyang Academy Of Fine Arts
Singapore Management University
1.5km
1.8km
International
Insworld Institute
Italian Supplementary School
0.8km
1.4km
Food Centre Berseh Food Centre
Pek Kio Market And Food Court Centre
Tekka Market
Bendemeer Road Block 29 Market And Food Centre
Whampoa Drive Market & Food Centre
North Bridge Road Market & Food Centre
Albert Centre Market and Food Centre
Golden Mile Food Centre
Newton Food Centre
Upper Boon Keng Road Block 17 Market & Food Centre
Geylang Bahru Block 69 Market And Food Centre
0.6km
0.7km
0.8km
1.2km
1.2km
1.3km
1.3km
1.6km
1.7km
1.9km
1.9km
Lifestyle Singapore Khalsa Association
Civil Service Club @ Tessensohn
Chinese Recreation Club
People’s Association HQ
Singapore Indian Association
Jalan Besar Stadium
Ceylon Sports Club
Kampong Glam Constituency Sports Club
St Wilfred Sports Complex
Kallang Water Sports Centre
Safra Clubhouse – Toa Payoh
0.4km
0.4km
0.5km
0.6km
0.6km
0.7km
0.7km
1.4km
1.6km
1.9km
1.9km

Uptown @ Farrer Specifications

Project Name: Uptown @ Farrer
Address: Perumal Road
Developer: Low Keng Huat (Singapore) Limited
District: 8
Tenure: 99 years
No. of blocks TBA
Total no of Units: 116 units of flats (23 storeys) & 240 units of serviced-apartments (18 storeys), and 500 sqm of commercial space.
Facilities TBA
Site area: 3,847.8 square metres/ 41,417 square feet
Expected TOP: TBA
Architect TBA

Site Plan

To be advised

Unique Features

  • Uptown @ Farrer is an integrated development with residential units, serviced apartments, hotel and 1st floor commercial unit
  • 68 steps to Farrer MRT station and 2 stops away from Dhoby Ghaut interchange
  • Newton, Bugis, Novena and Kallang are within 2km radius!
  • Close proximity to CBD
  • Within 5 mins walk to City Square Mall
  • Easy access to NTUC supermarket, Golden Village cinema and many other child friendly amenities at the mall
  • Hot Location for all investors
  • Huge tenant pool
  • Reputable developer and main contractor (Dragages Singapore Limited)

Photo Gallery

Uptown @ Farrer Farrer Park Facade

Uptown @ Farrer Floor Plans

TBA

Unit Mix

TBA

Uptown @ Farrer Official Pricing

In Jan 2017, URA awarded the Government Land Sale to top bidder Low Keng Huat (Singapore) Limited at the price of SGD174m, which translates into 1,000 psf of GFA. There were a total of 11 bids, largely due to the developers’ interest to replenish their land banks and the reduced availability of land offered under the Government Land Sale programme in recent years.

Uptown @ Farrer Farrer Park GLS pricing

Based on the land cost, and the relatively more complex construction costs (given that the site is built on a densely built up area), the estimated average selling price is expected to be above 1,700psf.

Register now to obtain first hand updates on the pricing based on your choice units!

About the Developer

Low Keng Huat (Singapore) Limited (“LKHS”) is a builder established since 1969, and is listed on the Singapore Stock Exchange (SGX). Today, its business has grown to encompass building construction, property development, hotels and investments.

The Company is one of the largest general building and civil engineering companies in Singapore in terms of capital employed. It is an A1 registered general building contractor, the highest grade under the Building and Construction Authority of Singapore classification, and is qualified to tender for public sector contracts with unlimited tender sums .

Complementing the construction activity is the Company’s property development business in Singapore and Malaysia.

In addition, LKHS owns and operates deluxe hotels in Perth (Australia) and Ho Chi Minh City (Vietnam) under the in-house brand Duxton Hotel. Its other hospitality-related business is food & beverage business in Singapore. Among its investment portfolio are investment properties in Singapore, Malaysia and China.

Projects which have been managed by LKHS include the following:

  • Mandarin Gallery
  • South Bank
  • Hard Rock Hotel
  • nex Mall
  • The Chuan
  • Twin Regency
  • Domain 21
  • Novena Square Extension
  • One-North Residences
  • The Minton
  • Paya Lebar Square (under construction)

About the Main Contractor

Dragages Singapore landed in Singapore with its first project – Newton MRT Station, in 1984. Since then, the company has been involved in a range of landmark projects, playing a pivotal role in shaping a better country for Singapore.

With a track record of successful projects, Dragages Singapore is recognized as a pioneer in its industry, spearheading new construction techniques and technologies across its building and energy-efficiency solutions. Focusing on continuous innovation, Dragages Singapore has successfully developed and implemented Design for Manufacturing and Assembly (DFMA) system to its projects which is in line with the Singapore Government initiative and direction towards the industrialisation of construction industry and using less manpower through the application of Prefabricated Prefinished Volumetric Construction (PPVC) system and the implementation of MEP Modular System.

As part of a globally-respected network of construction-related companies in Bouygues Construction, Dragages Singapore has the support, resources and technical know-how to complete the most technically demanding projects.

Register Interest Now

Uptown @ Farrer is expected to open for viewing in September 2018. REGISTER NOW for an appointment at our showflat and enjoy VIP pricing direct from the Developer! No agent commission required!

Registration Form
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Great location
  • Location
5

Summary

This is a rare site to be launched in the vicinity and will be one of the final opportunities for buyers to pick up a competitively priced new project which is located right next to a MRT station and near to so many places of interest.

 


Property News and Updates

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Powerhaus
Powerhaus
SHOULD YOU INVEST IN A PROPERTY BECAUSE IT IS CHEAP?

I've had interesting conversations with a few prospective buyers recently, and a common topic came up. It goes along the lines of "this condo is really cheap, so it's a very good buy!".

Yes, that is a natural instinct. Don't we all want to maximise the value of what we get for our money? So is that the right thing to do? Well that depends. Let's use an analogy.

If you compare the top range Oppo mobile phone against the likes of Samsung and Apple, Oppo will definitely be the cheapest and offer the best value for money. If you are going to use the Oppo phone until the end of its useful life, I would say Oppo is likely the best option for you. But if you intend to upgrade to a new phone 1-2 years later, which phone do you think has better resale/trade in value?

Translated into property talk, cheap may not necessarily mean higher capital appreciation. In fact, the inverse may be true. Why do I say that? Well think about it - if this property is cheap, could it have enjoyed high capital appreciation over the past few years? Unlikely. That's why it looks cheap now. If you are buying for capital appreciation, the golden question would be this - is there any foreseeable catalyst that will change this phenomenon? Will it remain cheap after you buy it?

Let me give you a personal example. My mum stays in a freehold condo near Telok Kurau. Last transacted price was only $872psf. Cheap right? In 2012, it was transacted at $856psf, which was also considered cheap at that point in time when Bedok Residences (99 years leasehold) launched at record high price of $1350psf. So if a buyer bought my mum's place thinking that it's a good buy because it is cheap and freehold, he/she would have gotten very good value for money in terms of huge floor space for a given budget. Conversely, the buyer who bought Bedok Residences at an price of $1350psf (seen as insane at that point in time) can sell it today at around $1550psf and enjoy $200psf of profits.

Ultimately, which one is more important to you? Capital gains or value for money? What if you have bought Bedok Residences in 2012, sold it today and bought my mum's place? Wouldn't it be nice to have your cake and eat it - to sit on $200k profit and eventually getting your value for money? 😄
Powerhaus
Powerhaus
UPCOMING REAL ESTATE SEMINAR

Unlike many other free seminars, you won't be pressured into buying something during this event, and there will not be any salesperson pestering you - AS LONG AS you are my invite 😆

Synopsis:
1. When is the best time to Enter or Exit the Market?
2. How do you identify the most profitable unit within a project?
3. How does a project near to a future MRT fare?

Date: 22 Nov 2019 (Friday)
Time: 730pm-930pm
Location: Serangoon

Drop me a PM if these topics are interesting to you. As I only have limited seats allocated for me, it will be available on first come first served basis. Dinner will be provided!
Powerhaus
Powerhaus
HOW TO MAKE YOUR HOUSE LOOK LIKE A MILLION DOLLARS (BEHIND THE SCENES)

I have a unit for sale at Parkland Residences (DBSS). When I first stepped into the unit, it looked pretty functional. The couple had a 1+ year old, so naturally, the house was set up for the baby's requirements.

Unfortunately, it didn't look as eye-catching as the other units for sale in the same block. So I decided to makeover the house for the seller. 1st pic is the original condition, and without any digital touch ups. 2nd and 3rd photos are post makeover with professionally taken photos. Of course, so that we do not disappoint prospective buyers, we will need to dress up the unit again prior to each viewing. This is additional work, but important to get the sale done.

Are you more likely to click on this listing when you see the touched up photos compared to the original one?

On sale is a newly MOP 4 room DBSS at Upper Serangoon at $645k
https://www.propertyguru.com.sg/listing/hdb-for-sale-475b-upper-serangoon-crescent-22058282
Powerhaus
Powerhaus
CAN HDB PRICES INCREASE OVER TIME?

Some time back, a good friend of mine told me that despite the looming HDB oversupply and slow increase in number of Singapore Citizens, prices of "well-located" HDB flats are not expected to drop. Instinctively, I felt that there could be some bias, because he owns a centrally located HDB, and obviously, everyone feels that their own property can make money. But who am I to make a sweeping assumption that prices will definitely drop across the board?

So I decided to put this assumption to the test using actual numbers, and compared the price movements of HDB flats in 3 different areas. To control the variables as much as possible, I shortlisted HDB flats below 15 years old and compared the prices of units within the same floor range over time.

Conclusion? My friend is partly right! Have a look at my analysis in the link below.

https://powerhaus.pro/hdb-increase-value/
Powerhaus
Powerhaus
Here's a refresh of the top selling projects in Oct 19!

Top 3 are now Parc Esta, Treasure at Tampines and Neu at Novena. For a few consecutive months, Parc Esta and Treasure at Tampines have retained the top 3 spots. Neu at Novena, which launched in Oct displaced Stirling from the top 3 will likely be a one-off event.

Parc Esta remains a top choice and it is now 66% within 1 year of launch despite housing 1400 units. At an average price of $1,600psf with Paya Lebar transformation at its doorstep, it suddenly looks cheap compared to Sengkang Grand Residences which sold 30% of all units on launch day despite an eye-opening price of $1,700psf!

Treasure at Tampines is also a hot favourite because of its low entry price of around $1300psf despite its walking distance to Simei MRT station.

Which project do you think will enjoy greater capital appreciation?
Powerhaus
Powerhaus
“The bulls are back…global recession concerns vanish and ‘Fear of Missing Out’ prompts wave of optimism and jump in exposure to equities,” BofA writes.

https://www.cnbc.com/2019/11/12/fear-of-missing-out-has-replaced-recession-concerns-bofa-survey-finds.html