South Beach Residences

Summarizing an answer to this question is really easy after taking a first look at the project: The first one is the great natural sea view offered on nearly every angle of the property. The second one is the easy access to public transportation since the project is just shy from a ten-minute walk from the Esplanade MRT station and the third reason is that the location is surrounded by heritage land that does not allow further developments near it.

If we take a direct approach to our analysis and go further in our research, we can also notice the South Beach Residence is truly a luxury development offering a competitive property that will surely have costs measured to their relative high-end location.

While the residences offer living spaces with a wide range of units that go from basic 2-bedroom options measuring 968 sqft to large penthouses of 4 bedrooms measuring 5,629 sqft, the true mettle of the property is the hotel area and the spaces destined to commerce.

Many reviewers such as Alan Barr, the managing director of Greymatters have already stated that while the apartments offer some of the most luxurious high-end finishes he’s ever seen, is the Hotel area the one that can easily entice any investor who is looking for something unique. South Beach Residences has already earned two Green Mark Platinum Awards for their innovative use of green spaces and microclimatic canopy technology used to harvest rainwater as well as the use of lenticular cells and solar panels to convert sunlight into electricity to power at least 50% of the facilities.

The developers managed to overcome the difficulties of making the building look too obscure and darkened by the eco-friendly technology under the advice of Professor Chong Ken of the Singapore University, who works on the Department of Technology and Design Architecture and Sustainable energies. The projects surrounding the South beach residences include the development of almost 40,000 sqft of retail space destined to expand the offering of mall centers and other businesses. Initiatives such as the creation of a high-end gourmet court food rest on the lap of the developers pending approval. Established brands have already leased 14,500 sqft, so if you are looking for a prime location for a startup, this is the right place.

Overall, the best reason to invest in South beach residences could very well be for business interest rather than housing but no matter the angle it seems that each way is a reliable investment option. At least according to Professor Prem Shamdasani, from the National University of Singapore Business School who believes that with the right marketing the residence could become a “Destination Location” for passersby who wish to enjoy the Marina Bay area.

Also Read: Property Taxes in Singapore

As we previously stated, the South Beach Residences are located in the 38 Beach Road on Singapore, the site construction area cover approximately 37,6300 sqft and the main feature of the project are the North and south towers located dead center with a front view to the Marina Bay area of the island.

The soaring 34-store North Tower houses nearly 500,000 sqft of grade-A space offices, at least 70,000 of that space has been lent by airplane business juggernaut Boeing and Social Media darling Facebook to set up their main base of operations on the locales.

The imposing 45-store South Tower is home to the South Beach luxury hotel, the outlet as already managed to acquire the 5-star rating offered by the local ranking authority. The main residences will be located in this very same building starting on the 23rd floor and up to the 45^th.

The property is directly connected with Suntec City, a commercial project spanning 5 additional towers just across the street in the Nicoll Highway. Both projects will be connected at ground and underground levels.

The retail outlet is primed to offer a number of services that will make the people circling through the South Beach Residence feel guarded and provided at all moments. Restaurants, cinemas, grocery stores, fast food courses and general shops will be at close reach with just a walk across the street.

Here is an overview of the locations of the South Beach Residences and the businesses surrounding the project:

South Beach residences will also have easy access points to nearby transport stations such as the Esplanade and City Hall MRT. The accessible public transportation will bring closer the general public to the residences and the people who work on site by having an east-west line connecting with the north-south line that takes people directly to the Orchard and the Marina Bay area

As we mentioned earlier the South beach residences developed a partnership with Suntec City to offer a good number of services near the main location, but the residences on itself can offer a great deal of entertainment on their own grounds.

For starters, all residents have the chance to enjoy any of the beautiful sky gardens designed by Philippe Starck who infused contemporary sensibilities with ecological designs to offer a unique look and an opportunity to commune with nature in an exclusive way.

The project has a number of green technology-based features that make it stand out as one of the most eco-friendly real estate options out there. The extravagant features such as the video walls featuring animated graphics on the lobby areas also don’t hurt in the innovation department.

All the residents will surely enjoy the panoramic views offered by their own housing units, but they can also have access to shopping services that work on-site to deliver groceries, meals or any other form of service to their doorsteps.

There is more than one choice to indulge in a serious number of different options since the residences also offer high-end services in the form of concept stores, luxury restaurants and world-class theaters where you’ll be able to enjoy the latest cinema releases or stage plays. Big events can also take place on location since the plans include a big convention center for special occasions.

With the added amenities found outside location, the South Beach Residences are a world-class location that is alive at all hours of the days with many pubs, bars and entertainment centers offering their services at walking distances. The easy access to the Marina Bay and all the entertainment locales found on it makes riding to nearby locations such as Clarke Quay pointless.

Here is a gallery of some of the best amenities found near the South beach residences or on it:

The main location of all planned features offered in the South beach residences can be appreciated on the stage by stage explained sitemap. The project as presented on these images is the most updated version planning process being developed for every space, as well as the proposed location of all the structures, facilities and amenities as well as a little historical reference of the locale:

At the present moment neither the Singapore’s City Development Limited, nor IOI Properties have released a floor plan for any of the apartments units advertised for the residences when further information becomes available the article will be updated with it. The only information released at the moment is the measure of each unit according to the number of bedrooms available on each one. The proposed list goes as it follows:

The team behind South Beach Residences is a joined business venture formed by Singapore’s City Development Limited (CDL), and IOI Properties. Both companies have a reputation as well-established holders of real estate properties in Singapore who perceived the great potential to be exploited on the Beach road Camp housing historical buildings.

For both companies, this was a strategic location back in 2007 when Singapore was an emerging city. The property boarded the civic district and offered easy access to a good number of road, expressways and MRT stations. In a move that is very common for quite a number of real estate companies these days, each firm decided to join efforts to place a winning bid on the property instead of facings against each other.

Both companies have been heavily criticized for taking their time on the development and launch of the Residences, but given the jointed partnership cash flow and the 99-year lease, they have on the location. They have stated more than once that they rather prefer to work out all the details to perfection to launch the sale of apartment units, They currently taking leases for business units and office space.

No information has been released about the pricing of the apartment units advertised on the project, but CDL and IOI have already turned down a $26 million offer for the 5-bedroom Penthouse from a private customer citing unsuitable conditions for the construction.

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