Located in the thriving one-north business hub, One-North Eden has seen high demand since its launch in April 2021.
Hong Leong
Group Projects
Rank Among
2021’s Top Ten
Hottest Launches
In Singapore
The private housing market in Singapore has been booming, with new project launches standing out for their stellar performance during the year. Among the new launches, several Hong Leong Group properties ranked among the top ten best-selling, both by volume of units sold and take-up rate, as reported by PropNex Research and EdgeProp as at 17 December 2021. Hi Life takes a look at these popular properties.
It has been a hot year for private housing, with plenty of new launches and many units snapped up over the past year. These include properties CanningHill Piers, Irwell Hill Residences, Midtown Modern and One-North Eden, by Hong Leong Group companies City Developments Limited (CDL), Hong Leong Holdings (HLH), TID Pte Ltd (TID) and Hong Realty.
One-North Eden
The units at One-North Eden feature smart home technology for the ease of busy professionals and modern families. Homeowners also have the flexibility to customise the layouts, as almost all unit types have a study room available. Pictured above are the two-bedroom plus study show unit (left) and four-bedroom show unit (right).
Ranking first on the list of top 10 new launches by take-up rate is One-North Eden by TID, which was launched in April. Located in the business hub of one-north, it was the first residential project in 14 years, which led to strong demand. Over its launch weekend on 24 and 25 April, about 85% of units were snapped up. As at 17 December, 98% of the 165-unit development has been sold, at an average of $1,964 per square foot (psf).
One-North Eden is set to provide a conducive environment that optimises live, work and play in the one-north district, with its convenient location and connectivity to a range of amenities and public transport access. It will also have six commercial units on the first floor which can be used for F&B tenants.
CanningHill Piers
The 696-unit CanningHill Piers spans two majestic towers, connected by a scenic sky bridge on Level 24 that boasts spectacular views of the surroundings.
Clever and versatile design touches are incorporated, including Smart Home features, to prioritise hygiene for a post-pandemic home. Pictured above is the living room of the four-bedroom premium unit.
The most recent launch CanningHill Piers took the fourth spot by take-up rate, with 83% sold as at 17 December. The development was a standout project in the city area, with 579 of its 696 units sold at an average price of $2,992 psf. Launched in November, the development recorded stellar sales and topped the month’s private home sales and was also the best-selling project launch in the Central Area for 2021. Among the units snapped up over its launch weekend was its Super Penthouse. It sold for $48 million or $5,360 psf, the second highest penthouse deal in Singapore in 2021. Located on the 48th floor of the development, it measures an expansive 8,956 sq ft and boasts panoramic views of the city and the Singapore River.
The residence is located on the former Liang Court site and is part of the new integrated development that includes CanningHill Square with dining and retail outlets, a 475-room hotel and 192-unit serviced residence.
Irwell Hill Residences
With a focus on residents’ health and wellness, Irwell Hill Residences boasts three pools, a state-of-the-art gym and a tennis court.
The development also offers residents exclusive use of Irwell Vista, a purpose-designed workspace equipped with WiFi and charging points, with a spectacular view from Level 24.
Irwell Hill Residences was another top performer, with a 75% take-up rate. Launched in April, the luxury development’s 407 of 540 units were sold at an average of $2,666 psf, as at 17 December. Located in the coveted District 9, the iconic residence comprises two 36-storey towers and a stunning champagne gold pixel-patterned façade that will redefine Singapore’s skyline.
Irwell Hill Residences was conceptualised during Singapore’s circuit breaker period in 2020 and was inspired by a renewed focus on wellness and health. Over 75% of the development is filled with lush greenery, and residents will be also hosted to an array of facilities, including a purpose-designed workspace, function rooms, and leisure and wellness amenities.
Midtown Modern
The four-bedroom units at Midtown Modern range from 1,733 to 1,808 sq ft, and larger families have the option to purchase two four-bedroom premium units and use it as a duplex multi-generational apartment.
The Play Pavilion is equipped with kitchen amenities for hosting, and also comes with an ultra large television screen for entertainment.
Also among the top ten was Midtown Modern. Located in the Bugis area at Tan Quee Lan Street, the 558-unit development saw a 72.22% take up rate as at 17 December. Units sold were at an average of $2,723 psf. The luxury development is part of the mega integrated development at Guoco Midtown, and was designed with a ‘nature in city’ concept, infusing a refreshing breath of nature into urban city living in the Bugis precinct.
In addition to having over 1 hectare of gardens and landscape areas, it is also the first family-oriented residential development in the Central Business District, with full facilities that include a tennis court and 50-metre swimming pool.