Gramercy Park Floor Plans

GRAMERCY PARK

District 10
57 Grange Road

The apartments are available for immediate occupation.

DEFERRED PAYMENT SCHEME:
Pay 20% and Move in
Pay remaining 80% 2 years later

GRAMERCY PARK

Please contact
Olevia Cheong
CEA - R020634F
Edmund Tie & Company

Mobile
(65) 8747 3767
(65) 8112 8393
Email 
olevia@gmail.com

Gramercy Park Penthouse Floor Plan

GRAMERCY PARK 
Prime District 10
57, Grange Road

Rare FREEHOLD Property in the Prime District 10
Nearby the Good Class Bungalows, and various embassies.
Nearby Orchard Road, with a short stroll
Nearby Orchard Road Shopping Belt
Nearby Great World City Shopping Mall
Large Landscape area with 170,000 sqft of land
2 Blocks of Tower - North & South (premium tower)
2 Residential Blocks occupy only about 15% of the land area

Floor Plan of Penthouse
#23 Storey
Area 7,287sqft, 5 Bedrooms

Contact
Olevia Cheong for your private viewing

WeChat - OleviaCheong
CEA - R020634F
Edmund Tie & Company
(65)8747 3767
olevia@gmail.com

Property Sales Volume in Singapore went up in 2017

DEVELOPERS' private home sales in the first eight months of this year have already surpassed that made in the whole of last year - with buying fervour in the market having been unrestrained even in August, which coincided with the lunar Hungry Ghost Festival.

An estimated 8,391 private residential units were sold between January and August, 60.3 per cent more than the corresponding period last year, and also higher than 2016's full-year sales of 7,972 units.

The 8,391 figure also beats the average 7,576 units sold in the three years from 2014 till last year; these were the years following the implementation of the total debt servicing ratio (TDSR) in June 2013.

These figures were compiled from the July and August new home-sales figures from the survey on developers done by the Urban Redevelopment Authority (URA) and the URA's second-quarter real-estate data.

Singapore

DEVELOPERS' private home sales in the first eight months of this year have already surpassed that made in the whole of last year - with buying fervour in the market having been unrestrained even in August, which coincided with the lunar Hungry Ghost Festival.

An estimated 8,391 private residential units were sold between January and August, 60.3 per cent more than the corresponding period last year, and also higher than 2016's full-year sales of 7,972 units.

The 8,391 figure also beats the average 7,576 units sold in the three years from 2014 till last year; these were the years following the implementation of the total debt servicing ratio (TDSR) in June 2013.

Including executive condominiums (ECs), the total number of homes sold by developers is estimated to have crossed 11,700 units in the first eight months. This is a 42 per cent jump over the same period last year, and surpasses the 10,285-unit annual average registered from 2014 to 2016.

JLL national director of research and consultancy Ong Teck Hui said: "Overriding demand by buyers who are trying to purchase at close to the market trough will continue to keep transactions buoyant.

"At the current pace, we may be seeing sales of 12,000 to 13,000 private residential units by developers in 2017," he said.

PropNex Realty chief executive Ismail Gafoor suggested that the total number of transactions may even cross the 16,000 mark by year's end, given the existing positive trend and the buzz in the new private homes segment. His estimate comprises 12,000 private properties and 4,000 EC units.

"Buyers are more prepared to pick up existing projects that are rightly priced, fearing that prices might increase by more than 10 per cent come next year, with the recent aggressive land bids from recent land sales," he said.

The sales momentum of housing developers was sustained last month, despite there having been only one project launch; 1,241 private residential units and 340 EC units were sold.

The number of private residential units sold by developers in August was 165 per cent more than a year ago, and 12 per cent more than in July.

The total sales tally of 1,581 private homes and ECs in August was a 98 per cent surge over the figure a year ago, but a 24 per cent decline from July - the month when sales numbers were bolstered by Hundred Palms Residences in Yio Chu Kang Road, where all 531 units were sold within seven hours of the launch.

Analysts noted that the start of the lunar seventh month in late August did not put the brakes on the buying momentum; the Hungry Ghost Festival is when developers generally avoid launching new projects and some homebuyers avoid buying properties, as they believe it is an inauspicious time to do so.

Some 64 per cent of the launched private residential units in August were in the suburban region, which accounted for a corresponding 62 per cent share of private home sales in August.

The top-selling project in August was Le Quest, a mixed development in Bukit Batok by Chinese developer Qingjian Realty; 286 units were sold at a median price of S$1,309 per square foot.

The developer is said to be holding back the second phase of the sales launch in anticipation of a possible upturn in the property market.

Lee Nai Jia, who heads research at Edmund Tie & Company, said the improvement of primary sales in August will reinforce sentiments that the property market is bottoming out. The improvement in project sales is across the board, including projects that were launched earlier.

The steady sales of previously launched projects in a quantum-sensitive market is paring down developers' inventory of palatable quantums, which will affect future monthly sales performance if new launches are not forthcoming, CBRE head of research Desmond Sim warned.

"CBRE is still expecting a U-shaped recovery in prices, but the current trough cannot remain at this level much longer as land is increasingly being bought at higher prices," he said.

"September's sales may be impacted by the Hungry Ghost month and the possibility that there may be limited launches this month."

The handful of launches in the rest of this year include Parc Botannia in Fernvale Road by Sing Holdings and Wee Hur; Kandis Residence by Tuan Sing; Rivercove Residences EC by Hoi Hup Realty and Sunway Developments; and City Development's New Futura in District 9. These figures were compiled from the July and August new home-sales figures from the survey on developers done by the Urban Redevelopment Authority (URA) and the URA's second-quarter real-estate data. 

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NEW LAUNCH!

NEW FUTURA

PRIME D9 Orchard

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Contact

Olevia Cheong

Edmund Tie & Company

(65)8747 3767

(65)8112 8393

GRAMERCY PARK

City Developments (CDL) shares surged yesterday on news that its freehold luxury project Gramercy Park in Grange Road has seen robust sales.

The counter climbed to as much as $10.48 in the morning before closing 20 cents higher at $10.47.

Trading volume was also robust, spiking to 1.68 million shares, up from 658,800 on Monday.

The stellar showing followed the developer's announcement that its 174-unit high-end Gramercy Park condo development near Orchard Road has sold 81 units across the two 24-storey residential towers.

In phase one, CDL sold 70 out of the 87 units - or 80 per cent - of the apartments launched in the North Tower.

A further 11 were moved in phase two, when 20 apartments were released in the South Tower last month.

CDL said Singapore permanent residents and foreigners - from China, Indonesia, Taiwan, Hong Kong, Malaysia, the United States, France, Britain and India - accounted for 76 per cent of the buyers. Singaporeans made up the remaining 24 per cent.

"There is pent-up demand for compelling investment opportunities. With prices of high-end properties showing signs of bottoming out, there has been an increase in buying interest for luxury developments," said group general manager Chia Ngiang Hong.

CDL said the average price was higher for the South Tower at $2,800 psf, up from the $2,600 psf achieved for the North Tower, which was launched in May 2016.

It is offering "early bird prices" for the South Tower, starting from $3.4 million for a two-bedroom plus study, $5.1 million for a three-bedder and $6.8 million for a four-bedroom apartment.

CDL noted that all two-bedder plus study units in the North Tower were sold, with good take-up seen for the three- and four-bedroom apartments. Sales included a 5,533 sq ft five-bedroom penthouse which was transacted at $16.88 million or $3,050 psf.

Gramercy Park obtained its Temporary Occupation Permit (TOP) on May 23 last year.

Qualifying Certificate rules mean CDL must sell all units at Gramercy Park within two years of obtaining the TOP - that is by May 23 next year. If it fails, the firm would have to pay extension charges related to the number of unsold units.

F1 CEO Chase Chavey on Singapore F1 Night Race

Formula One: F1 CEO and chairman Chase Carey lavishes praise on Singapore Grand Prix

http://www.straitstimes.com/sport/formula-one/formula-one-f1-ceo-and-chairman-chase-carey-lavishes-praise-on-singapore-grand

Dated: 13Sep 2017

He said: "Singapore anchors our Asian strategy, it is the signature race for Asia.

"This is the marquee race and our goal is to renew the contract. It is certainly a race we are proud of.

"Singapore is one of the gateways into Asia and it's incredible story of growth in the last 50 years had captures the world's attention."

This year's Singapore Grand Prix will be held from Sept 15-17 at the Marina Bay Street Circuit.

In the last nine editions, only four drivers have won on the tight and twisty circuit - Sebastian Vettel (four times), Fernando Alonso (twice), Lewis Hamilton (twice) and Nico Rosberg (once).

Is it the Right Time to buy Properties now?

Is this the Right Time to buy Properties now in Singapore?

Do read the article from the paper dated - 12 Sep 2017.

http://www.straitstimes.com/business/property/property-prices-to-rise-10-by-end-2018-report

Singapore property prices are set to jump 10 per cent by the end of next year, according to United States banking giant Morgan Stanley.

The bank's in-house experts expect private home prices to start rising next month - instead of early next year as it stated in a previous forecast. The forecast does not relate to Housing Board flats.

The significant upswing in prices would reverse a four-year downcycle after a range of cooling measures was introduced to slow the market.

"We see signs of an imminent turnaround from sharply rising transaction volumes, which suggest a narrowing of buyer and seller expectations, growth in prices from late June implied by the upward revision in the Urban Redevelopment Authority's price index value in the second quarter, and price increases in the resale segment as evidenced from higher frequency monthly indices," said the report.

The bank explained that rising prices, along with developer sales volumes "sustaining a growth rate of more than 50 per cent year on year so far this year, suggest a much improved outlook for property developers after what has been a four-year downcycle".

It also cited other positive market behaviour such as a recent surge in collective sales. It said this has displaced some 1,500 home owners across seven projects - estimated to get average proceeds of $1.8 million each. "With leverage, this adds up to $13 billion of potential capital inflows that could find their way back into the property market, more than the entire value of developer sales in 2016." The bank said more collective deals could be around the corner.

Maybank Kim Eng analyst Derrick Heng had said in a separate recent report that more than $3 billion in collective-sale deals have been concluded so far this year, with another 30 properties at various stages of the en bloc process.

Morgan Stanley noted unsold inventory has fallen to a record 22-year low of 17,000 units as of June, or 1.4 years on current sales volumes. "Inventory absorption accelerated on improving buyer sentiment and as households deployed excess cash after staying on the sidelines through the 2014 to 2016 lull...

"Underpinned by rising demand outpacing tight supply, we believe the coming property price upcycle supports a combination of street revalued net asset value upgrades and narrowing revalued net asset value discounts, driving a further re-rating in developer stock prices," said Morgan Stanley.

The bank noted City Developments has the largest land bank among its listed peers, at six years' worth, "and we believe, the highest earnings sensitivity to rising Singapore average selling prices, as well as highest share price sensitivity to rising property prices empirically".

For More Information on
Duo Residences - Click Here
Iconic Development by Ole Scheeren.

BCA GREEN MARK PLATINUM AWARD

GRAMERCY PARK


A HOME THAT MAKES THE MARK IN SO MANY WAYS

Gramercy Park has been designed with sustainability and efficiency in mind, earning it a BCA
Green Mark Platinum Award.


1. PASSIVE COOLING DESIGN ARCHITECTURE
Passive low energy with Low emissively coated double glazed vision glass and insulated glazed
spandrel panels.

Sun shading fritted glass panels to reduce sunlight penetration into the interior of the apartment

Use of cool paints on external masonry walls

2. WATER EFFICIENCY 
Water-efficient fittings provided in all apartments

Automatic water-efficient irrigation system with rain sensors for at least 50% of the landscape areas

Rainwater harvesting for landscape irrigation

3. ENVIRONMENTAL QUALITY AND PROTECTION
Use of sustainable and SGLS (Singapore Green Label Scheme) certified products

Use of low VOC (Volatile Organic Compounds) paints for all internal walls and low formaldehyde emission materials for wardrobes, vanity and kitchen cabinets to reduce indoor air pollution

4. ENERGY EFFICIENCY
Energy-efficient air-conditioning system provided in all apartments

Motion sensors in all staircase landings (from basement 1 to level 23), common area toilets and changing rooms

Energy-efficient lightings for all common areas

Energy-efficient lifts with VVVF (variable voltage variable frequency) drive and sleep function. Mode

All lift lobbies and suitcases (except basement and penthouses) are naturally ventilated

Heat recovery device for Clubhouse

Ductless/jet fans and CO sensors for carpark ventilation

5. OTHER GREEN INNOVATIONS
Environmentally friendly internal dry wall partitions

Electric vehicle charging points

Extensive greenery and landscape areas

Pneumatic waste collection and disposal system

Siphoning rainwater discharge system at roof

Sun pipes to illuminate part of basement carpark area

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For More Information on Gramercy Park, please click the link below:
GRAMERCY PARK


Contact for your private viewing -
Olevia Cheong
Mobile
(65) 8747 3767
(65) 8112 8393

Gourmet Kitchen

GRAMERCY PARK

Gourmet Kitchen

Fittings & Appliances

1. Gaggenau Hood & Hob
2. Gaggenau Coffee Machine
3. Gaggenau Oven
4. Gaggenau Integrated Fridge

Verenna by Poliform Kitchen Cabinet

Bosch Washer / Dryer

Gaggenau Wine Chiller

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For more information, please follow the link below:
Gramercy Park

Book for your private viewing with.

Olevia Cheong

Mobile - 

(65) 8747 3767

(65) 8112 8393

Availability

GRAMERCY PARK

Car Park Lots

Total: 246 Lots

217 Normal Lots (standard Lots 2.5m x 5m)

20 Luxury Lots (wider Lots 3m x 5m)

3 Handicap Lots (wider Lots 3m x 5m)

2 electrical charging Lots

3 Washing Bays

1 Family Lot

UNIT MIX

2 Bedroom + Study 

1,184 - 1,292 sqft

42 units

3 Bedroom 

1,884 - 2,207 sqft

84 units

4 Bedroom

2,562 - 3,132 sqft

44 units

Penthouse - 5 Bedroom

5,533 - 7,287 sqft

4 units

Total: 174

3 Bedroom at South Tower

GRAMERCY PARK


This is to illustrate some examples of 3 Bedroom Units in Gramercy Park


Stack 6 - Area - Listed Price - Discounted Price (-17%) - psf (price per sqft)
#06-06 - 1959 sqft - $6.593Mil - $5,779,990 - $2,946psf

Showflat
#13-06 - 1981 sqft - $7.706Mil - $6,395,980 - $3,229psf

Stack 8
#11-08 - 2,196 sqft - $7.722Mil - $6,409,260 - $3,059psf
#19-08 - 2171 sqft - $8.167Mil - $6,778,610 - $3,118psf


There are two towers - North & South
Note that North Tower was launched first before South Tower.

The prices of the units sold at North Tower are lower.

Other ultra luxury apartments include
Hilltops
The Marq
Reignwood Hamilton Scotts (car porch in the sky)

With a lower budget, it is possible to buy at another location - District 9, near Orchard.
Ground Floor unit
1,313 sqft - 3 Bedroom, discounted price $2.633Mil
Pool View

1,539sqft - 4 Bedroom, discounted price $2.983Mil

Near MRT - 10 min walk.


Contact me
Olevia Cheong
CEA - R020634F

Email -
olevia@gmail.com
olevia.explorer@yahoo.com

Mobile
(65)8747 3767

Gramercy Park

Gramercy Park
Prime District 10
57 Grange Road

Information

Developer - City Developments Limited
Type - Residential Highrise
No of Units - 174
Address - 57 Grange Road
Location - District 10
FREEHOLD


MOVE IN Immediately
Deferred Payment Scheme Available
( 3% Higher in Price than the usual)

AVAILABLE UNITS -
Left with 3 Bedroom & 4 Bedroom

  

KEY SELLING POINTS

1. Rare Freehold Home in Prime District 10 - Grange Road, short stroll to Orchard Road

2. Set amidst embassies and good class bungalows - Orchard Road / Tanglin / Chatsworth Area

3. Developed by City Developments Limited - Singapore's trusted property pioneer since 1963

4. Designed by renowned architectural firm NBBJ (one of world's top 10 most innovative architecture firms)

5. Expansive estate spanning with a grand lawn of more than 11,000 sqft

6. 174 apartment units with 246 car park lots including 20 luxury parking lots for wider car doors opening

7. Full condominium facilities with concierge service, private lift and spacious layout

8. Full fitted apartments with top quality finishes, designer's wardrobes, branded sanitary wares and appliances

9. Good investment with potential rental opportunities

10. Ready for occupation.

UNIT MIX

2 Bedroom + Study  42 units 1,184 - 1,292 sqft
3 Bedroom                84 units 1,884 - 2,207 sqft
4 Bedroom                44 units 2,562 - 3,132 sqfr
PENTHOUSE            4 units  5,533 - 7,287 sqft
Floor Plans
Floor Plan of Penthouse (7,287sqft)

AMENITIES

Connectivity by MRT (Subway) Train

1. 1  STOP to Orchard Shopping Belt (ION, Takashimaya, Paragon etc)

2. 1 STOP to Novena (Medical Centre, Velocity & Square 2 etc)

3. 2 STOPS to Somerset (Somerset 313 & Orchard Central)

4. 3 STOPS to Dhoby Ghaut Interchange (Circle Line, Plaza Singapura etc)

5. 4 STOPS to City Hall Interchange (CBD) & Clarke Quay

6. 5 STOPS to Raffles Place (CBD)

7. 6 STOPS to Marina Bay Financial Center

8. 7 STOPS to Marina Bay Sands

9. 7 STOPS to Harbourfront (Vivocity, Sentosa)

CONVENIENCES - SHOPPING & FOOD AMENITIES


1. Botanic Gardens
2. Camden Medical Center
3, Tanglin Mall
4. ION
5. Valley Point Shopping Center
6. The Paragon Shopping Center
7. Plaza Singapura
8. Takashimaya Shopping Center
9. Fort Canning Park
10. Great World City
11. Zion Riverside Food Center
12. Clarke Quay

CONVENIENCES - SCHOOLS WITHIN VICINITY

1. Gan Eng Seng Primary School
2. British Council
3. Chinese Int'l School
4. Overseas Family School
5. Anglo- Chinese School Junior
6. ISS International School
7. Alexandra Primary School
8. River Valley Primary School
9. Zhangde Primary School

FACILITIES

1. Arrival Plaza
2. Guard House
3. Sculpture
4. Grand Entrance
5. Changing Room with Steam & Sauna Facilities (Basement)
6. Fitness Terrace
7. Leisure Garden
8. Courtside
9. Tennis Court
10. Playground
11. Wooded Trail
12. Reflective Garden
13. The Pavilion
14. Fitness Studio
15. Putting Green
16. Shower Area
17. Gym Pool
18. BBQ by the lawn
19. Play Pool
20. Jets Pool
21. Grand Lawn
22. Cabana
23. Spa Pool
24. 50m Grand Pool
25. Pool Lounge
26. Club Gramercy
27. Viewing Deck
28. BBQ by the Woods

DEFERRED PAYMENT SCHEME AVAILABLE for Selected Units!

Pay 80%   2 Years later after Exercising the Option!

HURRY, GRAB this opportunity for the CNY Promotion.

Contact -
Olevia Cheong
R020634F

Edmund Tie & Company
Mobile (65) 87473767
            (65) 81128393
Email - olevia.explorer@yahoo.com