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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News & Press Release

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What you Need to Know about South Beach Residences Condo

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

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

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

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

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

South Beach Residences is about to boom, here’s why.

Back in 2016 when South Beach Residences TOP and launched its preview, the hyped up Luxury Condominium halted sales and preferred a vacant period to selling off to the hype. Citing reasons, “Sometime in 2014, CDL, South Beach Residences’ developer, turned down an offer of $26 million for one of its penthouses citing imperfect timing to launch the project. It did not wish to sell any unit until market conditions were suitable.”

This quarter of 2018, CDL reannounced plans to put South Beach Residences back to the market, suggesting that the market is right and primed for real estate. This could potentially mean the property outlook is strong for the next few years and while prices are rising, it is a great opportunity to spring into the first wave of purchases before prices skyrocket due to market speculation.

South Beach Interior

What is South Beach Residences all about?

South Beach is the epitome of the definition of an integrated development. Situated right in the heart of the most happening and busiest district of Singapore, the development will consist of 5 Star Hotel, upscale Grade A Offices, Luxury Retail, Ballrooms, Business Centres and restaurants. South Beach Residences gives the opportunity to own an ultra-luxury residential unit in this mega-development. Jointly developed by City Developments Limited and IOI Group, South Beach is located next to the Esplanade MRT and City Hall MRT and within Downtown.

The Condo itself includes about 500,000 sq feet of office space, 190 apartments, a 654-room hotel, about 37,000 sq ft of retail space and a 29,000 sq ft private club. You can guess why it attracted an excited crowd especially investors from around the region. Everyone wants to get a foot into this prime condominium since its becoming of an integrated resort-like development like the previously acclaimed Marina Bay Sands.

Property boom in 2018

Previously mentioned, we expect the real estate market to go nuts in 2018. This is in line with what we observe thus far: More and more new condo launches with up to 6,000 residential units up for grabs in Singapore. “This year, 18 private residential projects with an estimated 6,000 units were launched for sale, says Ong Teck Hui, JLL national director of research. He foresees about 20 projects being launched next year, yielding 8,000 to 9,000 units. Ong’s forecast for new home sales in 2018 is 11,000 to 12,000 units.” Up from 11,000 projected sales in 2017, this is roughly an 8.3% increase in projected sales. In fact, there has been a 38% increase in sales as we moved from April to May. No wonder South Beach Residences has always been ready for this moment – they wanted prospect buyers who are able to an ultra-luxury development like this!

JW-Marriot-Hotel

What makes South Beach Residences so attractive?

Being an all-integrated mega development (the 29,000 sqft private club makes it crazy alone!), here are the main reasons why South Beach Residences is so attractive:

  1. Iconic Architecture
  2. Surrounded by Iconic Buildings and Monuments
  3. Ultimate Convenience – Dining, Retails, Drinking, Clubbing under 1 Development
  4. Access 3 MRT Lines via underground walkways
  5. Spectacular Views
  6. Destination in its own right
  7. Truly the “One-In-A-Million” Development, made for the wealthy

To quote from the developer:

“Fine craftsmanship. Thoughtful finishing. South Beach Residences caters to the most discerning. Each unit is furnished with quality appliances and fittings from leading international brands such as Miele, Duravit and Keuco, infusing every unit with a sense of modernity and timelessness. Exquisitely designed, these homes set the benchmark for urban luxury.”

South Beach Residences CDL Developer

Since South Beach Residences is developed beside the CBD, the site itself is fantastic. Get views of the sea, Singapore CBD skyline and the Marina Bay reservoir area all under 1 roof with a good bird’s eye view of the city landscape. Furthermore, the condo is rich in heritage too – The south-west face will open onto the War Memorial Park which houses the Civilian War Memorial monument. This is one of Singapore’s most famous heritage landmarks (completed and unveiled in 1967). It is highly unlikely this site will ever be redeveloped anywhere in the near future. Beyond that is the Padang and Esplanade Park which are open greenery space. This will probably be where the prime stacks will be facing as this frontage offers the best-unbridled view of the CBD skyline and the Marina Bay area.

A Luxury Development alongside Positive Real Estate Outlook

In Mathematics, you learn that two positives create a greater output. And here’s the situation developing for South Beach Residences. On one hand, a highly reputable development with incredible amenities, prime location, and one of the best views in the city. On the other hand, a property outlook that looks like it’s ready to charge into a bullish movement anytime. Which is why we think that South Beach Residences is set to boom for 2018.

In case you were wondering, the unit sizes are atypical of Singapore housing – they are fairly huge (Of course with a greater price to pay):

Unit types: 

  • 88, 2-bedrooms (968 – 1647 sqft)
  • 61, 3-bedrooms (1,733 – 2,260 sqft)
  • 35, 4-bedrooms (2,282 – 2,627 sqft)
  • 3, 3-bedroom penthouse (3,581 – 5,048 sqft)
  • 2, 4-bedroom penthouse (4,127 – 5,629 sqft)
  • 1, 5-bedroom penthouse (5,768 sqft)

The current prices psf are not officially released yet, and we advise interested buyers to contact us to get an early preview during the relaunch, together with any E-brochures disbursement.

How the surrounding area – South Beach Avenue – makes the development even better

Enough about the Condo, let us take a quick dive into what makes the area so special.

South Beach Residences is located right at 38 Beach Road, surrounding South Beach Avenue. South Beach Avenue spans 32,000 sqft located within the basement, street level and conservation heritage buildings, South Beach Avenue has attracted many crowds from the Civic District. With direct connections to Esplanade MRT station and City Hall MRT interchange, many can now seamlessly enjoy convenient access to dining establishments and drinking experiences in South Beach Avenues’ expansive and generous spaces and exquisite.

For the foodie, South Beach Singapore is home to 16 dining and lifestyle concepts, including more than 10 restaurants, cafes and drinking places. You’ll never get to miss a day without a drink or two (Or a good night out!)

So be ready to enjoy your lifestyle when you finally decide to be a resident of South Beach Residences!

South Beach Residences by CDL

Finally, how to find out more about South Beach Residences?

Learn more about the project details and the Condo itself when you visit our main page at https://southbeachresidences-official.sg. For those who want to get a more personalized touch and an experienced consultant to understand and help you plan for the best suitable units for your purchase, then simply drop us an enquiry email at here.

References:

  1. https://www.propertyguru.com.sg/new-project-launch/reviews/south-beach-residences-upcoming-project-preview-128703
  2. https://sg.finance.yahoo.com/news/residential-outlook-2018-000000223.html
By | 2018-05-28T12:08:09+00:00 May 28th, 2018|Condo Launch and Preview, Real Estate|