The Commonwealth Towers condo will be one of the hottest new residential developments around. It is being launched for sale by Hong Leong Holdings, City Developments & Hong Realty, in a prime location right next to Queenstown MRT station.
Commonwealth Towers condo will comprise two soaring towers, with Sky Terraces on the 5th, 14th, 24th and 34th levels. Residents at higher floors will get views southwards to the Southern Ridges green belt, and south-eastwards to the CBD and city skyline.
This site is at the heart of the mature Queenstown neighbourhood on the fringe of the CBD (Central Business District), an established residential estate that is much sought after. Even HDB flats nearby have transacted at close to the $1m mark.
Commonwealth Towers Condo :: Amenities & Accessibility
This new Commonwealth condominium is a short drive from to the Orchard Road shopping belt, as well as easily accessible via the AYE (Ayer Rajah Expressway) to the Raffles / Shenton / Marina Bay Financial District and the Southern waterfront of Vivocity and Sentosa.
This high-rise luxury condo is also a very short walk from Queenstown MRT station, which offers convenient travel to all parts of Singapore on the MRT lines island wide. Even within the estate itself, daily needs are well taken care of, including for recreation and relaxation.
Given its central location, accessibility, surrounding amenities, and long established brand name developer, Commonwealth Towers condo makes an excellent choice for your own use, and certainly as an investment. It has everything that one would need, and want, in a place to stay – comfort, views, all the necessities, recreational options, ease of access, with a touch of luxury thrown in.
Commonwealth Towers Condo Highlights
- Very short walk from Queenstown MRT Station.
- On the city fringe, within a short drive to Orchard Road, the Southern Waterfront, and the Central Business District (CBD).
- Located within a mature residential estate surrounded by a full range of shops & dining outlets (IKEA Alexandra, Queensway Shopping Centre and The Anchorage), leisure options, libraries & parks, and business hubs.
- The Star Vista, a new retail and entertainment hub with over 100 stores, is located next to Buona Vista MRT station 2 train stops away.
- Well connected via a number of major arterial roads and expressways, and by rail connectivity island wide.
- Close to Mount Faber Park with Henderson Waves, The Southern Ridges and Mount Faber Cable Car Station. The walk, which stretches from Mount Faber to Kent Ridge Park, boasts elevated walkways in the midst of treetop greenery.
- Potential tenants from nearby NUH, NUS, One-North-Fusionpolis, the Biopolis, Alexandra Technopark, Mapletree’s Business City.
Commonwealth Towers Condo :: VIP Preview
Would you like details, or to register for the VIP Preview or showflat viewing ahead of the launch?
Simply email us here, or call / WhatsApp / SMS (+65) 9633 8633 for the Commonwealth Towers Condo.
Commonwealth Towers Images :: Artists’ Impressions
Commonwealth Tower Images :: Showflat Viewing
Simply email us here, or call / WhatsApp / SMS (+65) 9633 8633 if you would like to arrange an advance viewing of the showflat or to register your interest for the Commonwealth Towers VIP Preview. Thanks.
Commonwealth Towers VIP Preview is scheduled as follows:
Advance Showflat Viewing: 13 April to 27 April 2014
VIP Preview & Booking Date: 1 May 2014
So if you are interested to come for the balloting and booking of units on 1 May 2014, you would need to submit your Registration of Interest by 27 April 2014 latest. Just click here to register for advance showflat viewing.
Big response on the first day of showflat viewing. The crowds streamed in non-stop throughout the day, queues formed for each show unit, and traffic slowed to a crawl. The following long weekend was slightly better, but still quite packed too.
Showflat Viewing :: Registration of Interest
If you don’t like crowds and want to be able to inspect the show units at your leisure without being continually obstructed, you might want to view on a weekday instead.
To check showflat viewing hours, call / WhatsApp / SMS (+65) 9633 8633.
Or email us here to arrange an advance viewing of the showflat or to register your interest for the Commonwealth Towers VIP Preview. Thanks.
Commonwealth Towers pricing details are not available yet, but a look at the land tender cost may help with estimates of prices.
To recap, this land parcel at Commonwealth Avenue in the heart of the Queenstown HDB estate, is in an attractive location right next to Queenstown MRT Station.
This parcel, zoned for a residential condominium development, has a site area of over 130,000 sq ft, or a maximum GFA (gross floor area) of 637,500 sq ft.
The top bid, at S$562.8 million for this site, came from a consortium comprising subsidiaries of City Developments and Hong Leong Holdings: Verwood Holdings, Intrepid Investments and Hong Realty.
This works out to S$883 per sq ft per plot ratio.
The top bid beat earlier projections, and was 2.46 per cent higher than the second highest bid of S$549.2 million.
Indicative Commonwealth Towers Pricing Calculations
Property analysts estimate a breakeven cost of S$1,350 psf, which works out to an expected selling price of above S$1,600 psf.
Desmond Sim, associate director at CBRE Research said: “Prices fetched by the resale HDB flats in Queenstown are the most expensive in Singapore. A five-room HDB Strathmore unit is observed to be asking for up to S$100,000 cash-over-valuation, one of the highest transactions recorded.
Five-room and executive flats that are less than 10 years old fetched at around S$800,000 to S$1 million in some cases between the July-November 2012 period.”
The 99-year lease site was launched for tender by the HDB on December 18 last year.
Commonwealth Towers Pricing :: VIP Preview
Simply email us here, or call / WhatsApp / SMS (+65) 9633 8633 to be kept posted, when details are available for the Commonwealth Towers pricing.