FULLY SOLD OUT
Commonwealth Towers is fully sold and has completed construction. If you are looking for other new launches, you might want to consider projects such as Terra Hills or even Newport Residence, both of which have the advantage of being freehold. The Terra Hills condo is probably the closest new launch in this part of Singapore, as well as in terms of its walking distance to an MRT station, being around 5 minutes walk to Pasir Panjang MRT station, but on the Circle Line. However Terra Hills will be around 50% to 60% more expensive than Commonwealth Towers. Which is hardly surprising given both the rise in prices over the last few years, as well as the fact that it is on freehold land. The Terra Hills condo showflat location has not been announced yet, as the launch is likely to take place only towards the end of 2022. But if you want to arrange for a Terra Hills condo showflat viewing, just drop us a note. We will keep you posted as to when Terra Hills actually launches, as well as other details like the floor plan layouts and indicative pricing.
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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 beside 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.
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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.
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Commonwealth Towers Sky Terrace :: Overlooking City Skyline :: CLICK TO ENLARGE
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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.
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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 if you have any queries.
NEW HAUS ON HANDY CONDO
The latest projects to come out of the CDL / Hong Leong stable are Haus on Handy and Piccadilly Grand, now that Commonwealth Towers has fully sold out.
City Developments has a strong track record, honed from decades of experience, of spotting and clinching good sites with upside potential. In fact if anything, Piccadilly Grand and Haus on Handy occupy an even better site than Commonwealth Towers, in many ways.
This is a really plum site, in the Orchard Road upmarket shopping belt, directly opposite Doby Ghaut MRT station. It also sits in the heart of the cultural and educational zone around Bras Basah, helmed by the SMU (Singapore Management University), and underpinned by institutes like SOTA (School of the Arts), and Lasalle College of Fine Arts.
The Haus on Handy condo itself is really part of the Mount Sophia / Mount Emily residential estate, among the first residential estates in Singapore. Some of it are depicted in old picture postcards of Singapore, and it boasts a few old colonial bungalows that has since been conserved. There is even one on the Haus on Handy site, that has been gazetted for conservation. The developer CDL intends to turn this into a unique clubhouse, that will add to the character of the project.
The other unique feature of the Haus on Handy condo is that the site slopes fairly steeply, from Mount Sophia at the top north-east end, to Handy Road at the bottom south-west boundary. Access to the project will be from this side, barely 50 metres from an entrance to Doby Ghat MRT station and The Atrium at Orchard mall. Handy Road also leads to Plaza Singapura a couple of minutes walk away, and The Cathay, as well as to Orchard Road via Oldham Lane.
The Piccadilly Grand condo is expected to launch in April of 2022. Analysts are predicting prices in the region of $2,000 PSF, compared to the $1,600 to $1,700 PSF range for Commonwealth Towers. If they are right and Piccadilly Grand does launch in this price range, it would be a relatively good buy, given how much overall market prices have rise in the 5 years or so since then.
Commonwealth Towers Images :: Artists’ Impressions
 Commonwealth Towers |
 Pool with Decks |
 Jacuzzi & Lounge |
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Sky Terrace |
 Entrance Court |
 Games Lounge |
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For details like the show flat, click showflat photos, or see the location of the site.
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Commonwealth Tower Images :: Showflat Viewing
Simply email us here if you have any queries.
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THE CONTINUUM CONDO . NEW DEVELOPER LAUNCHES
Continuum Condo . New city fringe condominium near Katong Park MRT Station . 15 minutes drive to Orchard Road and Botanic Gardens and Holland Village . The Continuum condo is set to launch for sale in May 2023 . Presented by United Overseas Land (UOL) . Rare freehold condo
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.
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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.
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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.
Or email us here to arrange an advance viewing of the showflat or to register your interest for the Commonwealth Towers VIP Preview. Thanks.
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NEW DEVELOPER LAUNCHES
15 Holland Hill by Peak Opal . Subsidiary of Kheng Leong Group . Freehold new development within walking distance to Dempsey Hill and Holland Village
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.
While seen as high at the time, fast forward to 2023, even Lentoria got its land at a cost higher than this despite being further out in the OCR (Outside Central Region) area. TID Residential won the URA tender for the Lentoria condo site at around $1,130 PSF PPR, which was already considered something of a bargain due to lack of competition for the bidding. Furthermore, while Commonwealth Towers is just opposite Queenstown MRT station, the Lentoria condo is something like 6 minutes walk from Lentor MRT station.
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. (Compare this to the expected average Lentoria price of slightly over $2,000 PSF. How times have changed!)
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.
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Commonwealth Towers Pricing :: VIP Preview
Simply email us here if you have any queries.
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LENTORIA PRICE . LAUNCH @ LENTOR HILLS ESTATE
One of Singapore’s top developers, Guocoland, will redeveloping the former Casa Meyfort site to house a new luxury development, the Meyer Mansion condo. It will a freehold project within easy walking distance from Katong Park MRT station, and even within walking distance of the upcoming Tanjong Katong MRT station as well.
The Meyer Mansion project is similar to Commonwealth Towers in that both are at city-fringe locations, and are high-rise projects. Pricing-wise however, Commonwealth Towers was priced at only around 60% of the expected pricing for Meyer Mansions.
NEW DEVELOPER LAUNCHES
ParkSuites condo by Far East Organisation . Beautiful new mixed development in the Holland Road area . Exclusive residential neighbourhood in District 10 . ParkSuites is opposite top primary school Henry Park . VIP Preview early 2018
Mont Botanik at Hillview Avenue within 15 minutes walk to Hillview MRT station . To be developed by Aurum Land . To launch end 2018
