Tag Archives: Dleedon Farrer Road

Strong sales at initial launch of d’Leedon condo

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CapitaLand and its partners have sold 82 per cent of the 250 units released for the initial launch of its d’Leedon development.

The units sold include 52 apartments that were purchased by former Farrer Court owners whom had sold the development’s site en bloc in 2007.

CapitaLand said the units were priced at an average of S$1,680 per square foot.

The development is the first condominium in Singapore to be designed by renowned Pritzker Architecture Prize winner Zaha Hadid and has a total of 1,715 units.

The developer said the apartments would be spread over seven residential towers, with facilities tailored to the lifestyles of different groups of residents.

The residential towers would occupy only 22 per cent of the 840,000 square feet site. This would leave over 650,000 square feet dedicated to greenery and recreational facilities.

Looking ahead, CapitaLand said it’s confident of seeing continued interest in the project, especially after the December holiday season.

Source : Channel NewsAsia – 6 Dec 2010

CapitaLand, Hotel Properties Limited and partners unveil d’Leedon condominium along Farrer Road

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CapitaLand, Hotel Properties Limited and their partners today unveiled d’Leedon, a residential development along Farrer Road on the site of the former Farrer Court. The landmark project will be the first condominium in Singapore to be designed by internationally-renowned Pritzker Architecture Prize winner Zaha Hadid. d’Leedon is being developed by a CapitaLand-led consortium that includes Hotel Properties Limited, a fund managed by Morgan Stanley Real Estate and Wachovia Development Corporation (a unit of Wells Fargo & Company).

A total of 1,715 units – comprising 1,703 apartments and 12 exclusive semi-detached houses – will be built on the expansive 840,049 sq ft site. The apartments are spread over seven residential towers, with each enjoying a cluster of facilities tailored to the lifestyles of the respective groups of residents. The residential towers occupy only 22 per cent of the site, freeing up a vast landscaped area of over 650,000 sq ft dedicated to lush greenery and recreational facilities.

Rising majestically above the surrounding good class bungalows and low-rise condominiums, the project’s seven 36-storey residential towers will offer unobstructed views of Singapore’s skyline as well as breathtaking views of large expanses of greenery such as Botanic Gardens and the Bukit Timah Nature Reserve.

d’Leedon is within walking distance to the Farrer Road MRT Station on the Circle Line, and close to highly-sought-after top schools like Nanyang Primary School, Raffles Girls’ Primary School and Hwa Chong Institution, as well as popular lifestyle hubs such as Dempsey Hill, Holland Village and Orchard Road.

The first preview sales to former owners of Farrer Court will be held this weekend, followed by the public launch. This first launch will be for 200 choice units located across all floors in two residential towers, with unit types ranging from one plus study- to four- bedroom units. The average price of the units is $1,680 per square foot.

Mr Wong Heang Fine, CEO of Capitaland Residential Singapore, said: “High-end projects, as well as projects with strong location attributes, continue to be attractive to Singaporeans as well as foreigners. The foreigners appreciate Singapore’s dynamism and vibrancy. Given its prestigious District 10 location and striking Zaha Hadid design, we are confident that d’Leedon will be well-received by investors and discerning homebuyers who appreciate living in a beautifully-designed architectural icon. We are excited to play a part in shaping Singapore’s landscape with this striking landmark.”

Mr Christopher Lim, Group Executive Director of Hotel Properties Limited, said, “d’Leedon has been a closely-watched development, and that is not unusual if one considers its prestige, scale and location. We are pleased to create a new benchmark in Singapore’s residential development scene together with our partners and world-class architects.”

Ms Zaha Hadid, Founding Partner of Zaha Hadid Architects, said: “This project has presented an opportunity to continue exploring the architectural language of fluidity. For d’Leedon, our first residential project in Singapore, we have been inspired by the site’s unique spatial qualities, allowing us to introduce innovative new design concepts.”

Ms Hadid added: “The design for the project was generated by detailed studies of the site’s location, topography and surroundings. The residences are organised into seven towers which emerge from d’Leedon’s garden landscape to cut a striking presence in the park. The lower floors taper inwards, providing a dramatic visual silhouette, while also maximising open areas for private gardens. The floor plan of each tower is arranged into a “flower” that is subdivided into “petals” according to the number of units per floor. These organic design principles are evident in all seven towers, generating a diversity between each building yet giving d’Leedon the natural elegance of coherence.”

d’Leedon features a cluster of 80 units specially-designed to be elderly-friendly. This is to encourage multi-generation families to live close to one another within the same development but not necessarily in the same unit. The elderly-friendly units, which are located from the 3rd to 1Oth levels in one residential tower, have incorporated features such as infrastructure for the installation of panic buttons in future and space provisions for grab bars. To enable residents to move around with ease, the units will also not have any steps leading to the bathrooms and .wet areas, thereby maintaining he same floor level throughout the apartment. The elderly-friendly units will be made available to interested homebuyers during the initial phases of the public launch.

About d’Leedon

Farrer Court: 1,715 units coming soon

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THE much-anticipated project (D’Leedon) to be built on the former Farrer Court site is expected to be previewed later this month after almost two years of delay.

The 99-year leasehold project, consisting of seven 36-storey towers and located on a 838,488 sq ft site, will include one- to four-bedroom apartments, penthouses and 12 strata villas.

The expected average price across the project will be in the $1,600 to $1,800 per sq ft (psf) range.

However, with City Developments’ freehold project, The Glyndebourne, in the vicinity selling at an average price of $2,100 psf, smaller units might fetch comparable prices as well, they added.

A preview will be held for the developer’s invited guests on Thursday and for ex-owners of the former HUDC estate on Friday.

One-plus-study units will range from 592 sq ft to 840 sq ft, two-bedroom units will be between 786 sq ft and 1,216 sq ft, while three-bedroom apartments will be between 1,076 sq ft and 1,668 sq ft.

The project is designed by world renowned Pritzker Architecture Prize winner Zaha Hadid – the award’s first female recipient – and is expected to be completed in 2014.

CapitaLand had bought the site in a collective sale in 2007 for a record $1.34 billion.

The upmarket condo was to have been launched for sale in the first half of last year and then in the first half of this year but had been delayed owing to market conditions.

Initially, about 1,500 generously sized units were planned.

CapitaLand is developing the 99-year leasehold plot with three partners. Hotel Properties and a Morgan Stanley Real Estate fund will each hold 22.5 per cent, while Wachovia Development will take 20 per cent.