Latest Updates from Developer

10/11/2018: Deferred Payment Scheme is now available. Please register or approach your South Beach Sales Representative for Details.

18/10/2018: Our private Wine and Dine event on 26th October has limited seats. Please register and come let the enchanting night views take your breath away.

1/9/2018: We are open for sales. Viewing strictly by appointments only. Please refer to Prices Page for Guide Price

1/8/2018: Register your interest for sales information of South Beach Residences. Stay tuned for more info!

1/6/2018: CDL will be launching . Stay tuned for more info!

Quarter 4 2016: TOP Obtained for South Beach Residences

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4 10, 2018

What you Need to Know about South Beach Residences Condo

By | 2018-10-04T07:50:20+00:00 October 4th, 2018|Condo Launch and Preview, News, Real Estate|

South Beach Residences is a modern establishment that has set new standards in regard to architecture and luxury living. This integrated development features a mix of commercial spaces, penthouses, retail shops, grandeur condo and apartments. A hotel with members-only clubhouse is an additional facility Investors and homeowners here can enjoy.

This mixed development structure contains 190 deluxe residential units all located within the upper 22 storeys, 500,000 square feet of state of the art office space and a 5-star hotel occupying the remaining 23 floors. Here residents can wine and dine, go shopping, and party the night away without setting foot out of the building premises. Savvy homeowners and investors are scrambling for their own share of what South Beach residencies have to offer as they find this level of convenience extremely alluring.

From the penthouses and apartments, one can see 360-degree views of the entire town. Placing the residential units in the upper floors was a deliberate move aimed at rewarding the owners with breathtaking sights like the Marina Bay and the Central business district both which are only a stone throw away.

Within sight is the War Memorial which sits on conserved land along with three more historic structures preserved for their cultural, heritage, and architectural significance. Ultimately this contributes extensively to the visual appeal of south beach residences. Residents here will enjoy various amenities, and easy access in and out of the city thanks to an underground passage linking to the City Hall MRT station, Suntec City, and Esplanade MRT station. The underground passage becomes an expedient option especially when it is raining heavily outside or you are trying to stay away from the scorching sun, here you can also find retail outlets, restaurants, and food joints which almost eliminates the need to head out of to the CBD to eat or shop.

The South Beach Residencies penthouses and condos apartments are divided as follows;

. One five bedroom penthouse measuring 5,768 square feet
. Two four bedroom penthouses measuring 4,127 to 5,629 square feet
. Three three bedroom penthouses measuring 3,581 to 5,048 square feet
. 35 four bedroom apartments and condos measuring 2,282 to 2,627 square feet
. 61 three bedroom condos and apartments measuring 1,733 to 2,260 square feet
. 88 two bedroom apartments measuring 968 to 1647 square feet

Amenities near South beach Residences include Schools and learning institutions such as;

  • SMU
  • Creatif Mindz Education Center
  • Pusat Pendidikan Azhar
  • Stamford Primary School

Hotels such as;

  • Asia Grand
  • Si Chuan Dou Hua
  • Pascar Beila
  • District 10

If you reside here and want to go shopping outside of South Beach Residences, you will be spoilt for choice. Nearby shopping centers include;

  • Raffles City
  • Suntec City
  • Bugis Junction

The brains behind South Beach Residences is the renowned City Developments Limited-CDL. The developer ranks top among prominent landlords in the area. Founded in 1963, this is no new player in the development arena with numerous world-class projects to its name. What with properties in North America, New Zealand, the Middle East, Asia, and Europe, CDL has proven to be an international property developer transforming the bare land into the most magnificent spaces. They are famous for working on integrated structures that conform to the needs of the environment which has, in turn, earned them recognition both internationally and in Singapore

23 08, 2018

South Beach Residences, CDL, leading the front with strong residential sales; Promises great investment outlook.

By | 2018-08-23T17:56:23+00:00 August 23rd, 2018|News|

CITY Developments Limited (CDL) (Developer of South Beach Residences) on Wednesday announced a second-quarter net benefit of S$204.8 million, up 80 for each penny from S$114.1 million the year prior.

This returned on the of a 60 for each penny increment in income for the quarter to S$1.36 billion this year from S$854 million a year ago.

Profit per share for the quarter finished June 30 came up to 21.8 Singapore pennies, contrasted with 11.8 pennies in the earlier year.

The increments for second quarter 2018 were to a great extent because of higher gross benefit produced by the organization’s property advancement portion, said the property engineer.

CDL said its propelled ventures performed well in H1 2018, preceding the new property cooling measures were reported in July. The gathering, together with its joint wander partners, sold 651 units including official apartment suites (ECs), with an aggregate deals estimation of S$1.29 billion contrasted and 691 units worth S$1.15 billion for a similar period a year ago.

In Singapore, CDL’s property extends that did well incorporate the 174-unit Gramercy Park at Grange Road which, propelled in March 2016, is completely sold. The 124-unit New Futura at Leonie Hill Road saw 92 units (speaking to more than 74 for each penny all things considered), including the two penthouses, sold to-date, accomplishing a normal offering value (ASP) of about S$3,500 per square foot, said CDL. Since Phase 1 of The Tapestry, the gathering’s 861-unit apartment suite in Tampines was propelled in March this year, 488 or 89 for every penny of the 550 units discharged have been sold to date with an ASP of about S$1,350 psf.

The board has announced a duty absolved (one-level) uncommon interval customary profit of six Singapore pennies for each standard offer for the period, payable on Sept 12.

Mr Kwek Leng Beng, CDL’s official director, stated: “We had two fourth of solid private deals in Singapore, yet advertise elements changed after the suddenly cruel property cooling measures were declared in July. Deals are required to direct however costs might be supported for not very many quality tasks in great areas where there is restricted supply and repressed request.

“Having explored different property cooling measures throughout the years, we have seen that estimation and timing are basic. As our territory bank was purchased generally right on time before costs climbed further, this gives us greater adaptability for the initiation of development and deals dispatches. Our venture skyline stays long haul and we will keep on adopting a restrained way to deal with amplify returns for investors.”

Giving his take at an outcomes preparation on Wednesday, CDL’s gathering CEO Sherman Kwek stated: “I think costs will…certainly be influenced and we have just observed that in a portion of the more current ventures that have as of late propelled (in the market), on the off chance that you approach me for a genuine belief, I think they are presumably propelling at possibly 10 to 15 for every penny beneath what they could have propelled at as far according to square foot valuing.”

Remarking on costs at these ongoing business sector dispatches, he said that their engineers are “very fortunate” in light of the fact that they had obtained their destinations before and in this manner “have that edge” to play with.

“Be that as it may, there isn’t a considerable measure of space at costs to go down a tremendous sum, so we’re probably not going to see an immense huge tumble in costs on the grounds that fundamentally the greater part of the designers who renewed land throughout the most recent a year did as such at high prices.”There is restricted adaptability with regards to either giving out rebates or notwithstanding paying supposed higher specialist commissions to get deals moving.”

The gathering is focusing to dispatch its Whistler Grand townhouse in West Coast Vale in November. One year from now, it intends to discharge extends on the Amber Park and Handy Road locales and in addition the EC venture in Sumang Walk. Launch gets ready for the more upmarket South Beach Residences and Boulevard 88 are under survey.

Related Source: Business Times Singapore