SINGAPORE: Singapore property developer UOL Group Ltd has sold nearly 100 units of the total 120 units of Seventy Saint Patrick in Singapore. The 186-unit freehold condominium was launched last Saturday.
The low-rise development comprises nine blocks of 5-storey apartments on a 140,000 sq ft site at St Patrick’s Road, which is located in the District 15 area. The development houses a one-level basement car park with 189 lots, including lots for the disabled.
“We released 120 units today (last Saturday) and nearly 100 units, including about 10 penthouses, have been taken up. Due to the overwhelming response, we will open up the rest of the units tomorrow (last Sunday). Seventy Saint Patrick sits on a freehold site that is near to the upcoming Marine Terrace MRT (mass rapid transit) — such locational attributes are rare. It is also in a prestigious location surrounded by private and landed housing. We have a well-designed product which will appeal to those who like the charms of living in low-rise units and being close to nature,” said deputy general manager (marketing) Anthony Wong in a press statement recently.
The 2- to 3-bedroom apartments have built-ups ranging from 700 sq ft to 1,302 sq ft, while the 4-bedroom dual-key units have built-ups ranging from 1,410 sq ft to 1,442 sq ft. The development also includes 36 2- to 4-bedroom penthouses with built-ups ranging from 1,033 sq ft to 1,647 sq ft. The apartments are priced from S$1,600 (RM4,102) per sq ft (psf) to S$1,700 psf. The development is expected to be completed in 2017.
Situated less than 1km away from the beaches of East Coast Park, the development is near the upcoming Marine Terrace station of the Thomson-East Coast MRT Line. It is connected to the rest of Singapore via the East Coast Parkway, Kallang-Paya Lebar Expressway and Marina Coastal Expressway, and is within close proximity to Changi Airport.
Wong said that residents of the development will enjoy nearby facilities such as Parkway Parade, 112 Katong shopping mall, Marine Parade Library and Parkway East Hospital. Schools in the vicinity include Tao Nan School, Victoria School, Tanjong Katong Girls’ School and Victoria Junior College. The development is located near an array of dining options in East Coast Park, Katong, Siglap and Joo Chiat, as well as restaurants and cafes along East Coast Road.
Seventy Saint Patrick won the top accolade in the Singapore residential development category at the Asia-Pacific International Property Awards 2014.
With 50 years in the industry under its belt, the company’s portfolio includes residential developments, office towers, shopping centres, hotels and serviced suites. The company, with its wholly-owned hotel subsidiary Pan Pacific Hotels Group Ltd (PPHG), owns two brands, namely Pan Pacific and Parkroyal. PPHG now owns, manages and/or markets over 30 hotels in Asia, Oceania and North America, with close to 9,600 rooms.
|The crowd at the launch of Seventy St Patrick. Photo by UOL Group Ltd|
This article first appeared in The Edge Financial Daily, on September 26, 2014.
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