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Thread: Hamilton Scotts (D9, Freehold, Hayden Properties)

  1. #1
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    Default New luxury condo on Hotel Asia site (D9, Freehold, Hayden Properties)

    新公寓让车子“登高入室”

     林婉诗(2007-05-25)

      发展商Hayden Properties将在史各士路(Scotts Road)发展一栋拥有汽车电梯、让屋主把汽车停放在自家公寓门口的豪华高楼公寓,无论屋主住在哪一层楼。

    车子可驶入汽车玻璃电梯

      屋主可把车子驶入汽车玻璃电梯,电梯从地面层徐徐上升,把屋主连人带车送到任何一楼层的公寓单位。玻璃电梯连人带车徐徐上升的画面,相信会令人惊叹。

      一般上,高楼公寓的停车场,往往都是属于大规模的、集中式的,而且多建于地面层或地下层。



    史各士路的亚洲大酒店前址地段,将重新发展成一个让屋主把车驾到自家门口的高楼公寓。



      因此,这个让屋主把车子驶到公寓门口的高楼公寓,相信是新加坡和本区域首创,也是世上拥有私人停车位的最高公寓项目。

      这个项目位于史各士路37号,也就是亚洲大酒店(Hotel Asia)的前址,建成后会有30层楼高,将拥有54个单位及两个顶层豪宅单位,每个单位面积大约是3000平方英尺。  

      这个项目还未命名,售价也未定,预料会在今年最后一季推出市场。它预料会在年底动工建设,后年底之前建峻。

      以现今房地产市场行情来看,这个项目或许可卖每平方英尺4000元左右。  

      Hayden Properties的董事素巴曼(Leny Suparman)昨天在文告中说:“史各士路37号的住宅大楼,将带来独特的共管公寓生活体验,也给屋主带来有地住宅的好处。”

      Hayden Properties成立于去年10月,是KOP Capital与Emirates Tarian Capital的合资公司。它的核心业务包括发展房地产及提供房地产管理服务。

      KOP Capital是一家为房地产及基础设施项目提供商业、投资与金融咨询服务的公司;而Emirates Tarian Capital是中东酋长投资集团(Emirates Investment Group)旗下的投资公司。

      亚洲大酒店的前业主是雅诗阁集团(Ascott)。雅诗阁今年2月宣布以1亿4700万元脱售该酒店,当时买家身份并没有正式对外公布。

  2. #2
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    Default Re: 新公寓让车子“登高入室”

    New apartment for a car "Take the car"

     林婉诗(2007-05-25)LIN poetry (2007-05-25)

      发展商Hayden Properties将在史各士路(Scotts Road)发展一栋拥有汽车电梯、让屋主把汽车停放在自家公寓门口的豪华高楼公寓,无论屋主住在哪一层楼。Hayden Properties developers in the history of the Cross Road (Scotts Road) made Show an elevator car ownership, so that owners of motor home parked in front of a luxury apartment high-rise apartments, Whether the owners live floor.

    车子可驶入汽车玻璃电梯The car may enter auto glass elevator

      屋主可把车子驶入汽车玻璃电梯,电梯从地面层徐徐上升,把屋主连人带车送到任何一楼层的公寓单位。The owner can use the car into the auto glass elevators, escalators from the ground level up slowly, put their car to the owner of any one floor of the apartment units. 玻璃电梯连人带车徐徐上升的画面,相信会令人惊叹。Glass elevators their car slowly up the screen, I believe it will be astounding.

      一般上,高楼公寓的停车场,往往都是属于大规模的、集中式的,而且多建于地面层或地下层。Typically, high-rise apartment in the parking lot, often belong to a large-scale, centralized, and the construction on the ground floor or basement.

    史各士路的亚洲大酒店前址地段,将重新发展成一个让屋主把车驾到自家门口的高楼公寓。History of the routes of major Asian front of the hotel site lots will be re-developed into a frame for the owner to put his doorway high-rise apartment.

      因此,这个让屋主把车子驶到公寓门口的高楼公寓,相信是新加坡和本区域首创,也是世上拥有私人停车位的最高公寓项目。Therefore, the owners use the car for their turn to enter the apartment door of the apartment buildings, I believe Singapore and the regional initiative, There is also private parking spaces have the highest apartment projects.

      这个项目位于史各士路37号,也就是亚洲大酒店(Hotel Asia)的前址,建成后会有30层楼高,将拥有54个单位及两个顶层豪宅单位,每个单位面积大约是3000平方英尺。The project is located in the history of the routes 37, is Asia Hotel (Hotel Asia) of the former site, will be completed after the 30-story building will have 54 units and two top luxury flats units Each unit is an area of approximately 3,000 square feet.   

      这个项目还未命名,售价也未定,预料会在今年最后一季推出市场。The project has not yet named the price is not set yet, is expected in the last quarter of this year the market. 它预料会在年底动工建设,后年底之前建峻。It is expected to start construction by the end of the year, after the end of construction sternly.

      以现今房地产市场行情来看,这个项目或许可卖每平方英尺4000元左右。In view of the current real estate market, the item might sell 4,000 yuan per square foot around.   

      Hayden Properties的董事素巴曼(Leny Suparman)昨天在文告中说:“史各士路37号的住宅大楼,将带来独特的共管公寓生活体验,也给屋主带来有地住宅的好处。”Hayden Properties directors-Pac Man (Leny Suparman) yesterday said in a message : "The history of the routes of 37 residential buildings, will bring unique condominiums life experience The owner also brought benefits to residential. "

      Hayden Properties成立于去年10月,是KOP Capital与Emirates Tarian Capital的合资公司。Hayden Properties was established in October last year, Capital is the LAD with Emirates Tarian Capital joint venture companies. 它的核心业务包括发展房地产及提供房地产管理服务。Its core businesses include property development and the provision of property management services.

      KOP Capital是一家为房地产及基础设施项目提供商业、投资与金融咨询服务的公司;而Emirates Tarian Capital是中东酋长投资集团(Emirates Investment Group)旗下的投资公司。KOP Capital is one of the real estate and infrastructure projects for the commercial, investment and financial advisory services company; Tarian Capital Emirates and the Middle East Emirates Investment Group (Emirates Investment Group) under the Investment Company.

      亚洲大酒店的前业主是雅诗阁集团(Ascott)。Asia Hotel is the former owner Shige AGB Group (Ascott). 雅诗阁今年2月宣布以1亿4700万元脱售该酒店,当时买家身份并没有正式对外公布。AGB Shige announced in February this year, 100 million to 47 million yuan from the sale of the hotel, when no buyers as officially announced.

  3. #3
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    Default Re: 新公寓让车子“登高入室”

    so if one day the lift falls sick, the owners cant even drive their cars out...

    plus who would really fancy driving the car so near the living room... unless it's a show car, forever clean and shiny...what if there're more cars in the family than the space allotted...

  4. #4
    Unregistered Guest

    Default Re: New luxury condo on Hotel Asia site (D9, Freehold, Hayden Properties)

    It's an interesting concept but it also means that "Car Accident" can also happened in your living room. Definitely not something which I'm looking forward to have.

  5. #5
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    Default Re: New luxury condo on Hotel Asia site (D9, Freehold, Hayden Properties)

    Quote Originally Posted by Unregistered
    It's an interesting concept but it also means that "Car Accident" can also happened in your living room. Definitely not something which I'm looking forward to have.

    .... but is something the rich in Manhattan look forward to now.

  6. #6
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    Default Re: New luxury condo on Hotel Asia site (D9, Freehold, Hayden Properties)

    It’s like Charlie’s magical glass elevator in Road Dahl’s chocolate factory, except that this one can house an entire car and take you right to your doorstep.

    Welcome to Hayden Properties’ latest development on 37 Scotts Road, a 30-storey luxury apartment block with a glass car elevator that is possibly Singapore’s or Asia’s very first, bringing luxury living to a new edge.

    Every apartment floor is accessible by this elevator. The sight of the elevator going up and down the building is sure to leave bystanders in awe.

    Unlike most apartments which have an aggregated carpark located on the first floor or basement levels of the building, this one is radically different.

    The yet to be christened apartment sits on the former location of Hotel Asia, and will boast 54 units together with two penthouses. Each unit will have a floor space of some 3,000 square feet.

    The project is targeted for completion by late 2007, and the prices have not been announced. Going by the soaring property prices for high-end residential projects, property watchers say it could easily go for S$4,000 psf.

    Mr Leny Suparman, Chief Executive of Hayden Properties said in a statement last week that the development on 37 Scotts Road is set to introduce a unique factor to the apartment living experience, and will offer residents the luxuries of landed properties.

    Hayden Properties was established 10 years ago, and is a joint investment by KOP Capital and Emirates Tarian Capital

  7. #7
    Unregistered Guest

    Default Re: New luxury condo on Hotel Asia site (D9, Freehold, Hayden Properties)

    completion in late 2007? is this correct?

  8. #8
    Unregistered Guest

    Default Re: New luxury condo on Hotel Asia site (D9, Freehold, Hayden Properties)

    Cannot be lah! It is not even torn down yet! Maybe they mean launch.

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    Default Re: New luxury condo on Hotel Asia site (D9, Freehold, Hayden Properties)

    Published May 29, 2007

    Condo on Hotel Asia site to boast parking in each unit

    By ARTHUR SIM


    LET it not be said that Singapore is behind on any of the latest property trends.


    Right at home: Units will have an average of two car porches and additional basement car park space

    Hotel Asia, which will be redeveloped into a 30-storey luxury condominium, will have private car-parking in each unit, the most recent fad in luxury high-rise homes. The price is around $4,000 psf.

    A new entrant to the Singapore market, Hayden Properties, bought Hotel Asia from the Ascott Group only in February for $147 million.

    Ascott in turn bought Hotel Asia in July 2005 for $108 million, including $4.3 million for the hotel management company.

    Hayden Properties is a joint venture set up in October 2006 between Singapore-based KOP Capital Pte Ltd (previously known as Koh Ong & Partners Management Services) and Emirates Tarian Pte Ltd.

    Hayden Properties will also redevelop Horizon View in Cairnhill. Horizon View was acquired through a collective sale for $113 million in October 2006. Details are expected soon.

    There is no name yet for the Hotel Asia project, although the development could be launched as early as the end of this year.

    Hayden Properties director Leny Suparman said that the project would be the world's tallest development with integral car porches. The property will have 54 condominium units and two penthouses. Units will have an average of two car porches and additional basement car park space.

    The architect for the new development is Singapore firm Eco.id Architect and Design Consultancy which recently won the Best Design and Architecture Award 2007 for Starwood Group's W Retreat & Spa on Fesdu Island in the Maldives.

    Emirates Tarian is a subsidiary investment company of the Emirates Investment Group (EIG) which has other real estate investments including Palazzo Versace Gold Coast, Palazzo Versace Dubai and Emirates Financial Towers.

    In an interview late last year, EIG chairman Sheikh Tariq bin Faisal Al Qassimi said that it was at a 'crucial stage' of discussions to conclude an investment here, estimated to be in the region of at least $1 billion. Sources had said then that it could be an ultra-luxurious Versace hotel.

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    Default Re: New luxury condo on Hotel Asia site (D9, Freehold, Hayden Properties)

    Weekend, June 2, 2007

    Luxury zooms to a new level


    DO YOU fancy driving your car right up to your doorstep — even if you live in an apartment above ground?

    Hayden Properties will be making that possible — it is creating the region's first high-rise residential project that has a elevator which residents can drive into and take to their apartment's doorstep.

    This 30-storey project will be located at 37 Scotts Road and is expected to be the tallest development that incorporates "car porches" in its design.

    Each of the 54 apartments and two penthouses in the development will have its own en suite, elevated car porch. The apartments will measure approximately 3,000 sq ft each and feature exquisite fittings.

    Each car porch will be around 400 sq ft — enough space for two cars. Owners with a third vehicle can park it in a separate car park within the development.

    "It's high time Singapore enters into a bold, new dimension of world-class affluent living, similar to what is offered in New York and Dubai," said director of Hayden Properties Leny Suparman.

    The development prides itself on its distinctive elevated parking system, where the tower's glass lift — overlooking Scotts Road — will bring the cars to their required floors.

    Hayden Properties has already been given the green light by the Urban Redevelopment Authority and obtained a provisional planning permit.

    A spokesperson for Hayden Properties said the project is scheduled to be launched in the last quarter of this year and is "expected to set benchmark prices for ultimate luxury living."

    Construction is expected to commence by year's-end and will be completed by the end of 2009. — Joseph Yadao

  11. #11
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    Default Re: New luxury condo on Hotel Asia site (D9, Freehold, Hayden Properties)

    The New Paper, 31 May 2007

    Your Porsche in your living room


    If you had a Porsche, wouldn’t you like to spend every single waking moment polishing and admiring it?

    And if possible, park it right in your living room, instead of some basement carpark?

    Well, wish granted.

    Soon, you can drive into your estate, then get whisked from the ground level to your apartment by a car lift and reverse right into your unit.

    You step out and you’ll be right inside your living room.

    And if you do own a Porsche, what a great conversation piece it will be compared with, say, a boring antique table.

    This private carpark in each unit is likely to be the most talked-about feature in a proposed 30-storey condominium on Scotts Road.

    The yet-to-be-named project will be built on the former Hotel Asia site and will be the tallest development encompassing ‘car porches’ in the world, said developer Hayden Properties.

    The loading limit for the car lift will be about two tonnes, and it will be big enough to accommodate a Rolls-Royce.

    A normal four-door sedan weighs just over a tonne.

    Hayden Properties director Leny Suparman said they first heard about the concept in New York and Dubai.

    She added: ‘It’s high time that Singapore enters into a bold, new dimension of world class affluence living like… in New York and Dubai.

    ‘This is something ultra luxurious for home-owners and something they can relate to. It’s like living in a bungalow and it’s great for car lovers who want to be close to their prized possession.’

    There will be 54 units and two penthouses in this development, which will be launched later this year.

    Each three-bedroom unit will be about 3,000 sq ft, including the car-porch space of 400 to 450 sqft - big enough for two cars, said the developer.

    Each 5,700 sq ft penthouse will have two car-porches.

    The price will be about $4,000 psf, said the developer, so expect to pay about $12 million for the three-bedroom units.

    The car porch and the living area will be separated, possibly with glass.

    That is because not many will appreciate choking on exhaust fumes in the living room.

    There will be two car lifts and two passenger lifts.

    And for those who prefer their cars on solid ground, every unit will also be allocated parking space in the basement carpark, said the developer.

    There will be a valet service for those who prefer the passenger lift and want someone to park their car for them.

    What happens if the car lift breaks down?

    Then the home-owner may not be able to move his car till the lift is fixed.

    But the developer said the condo would have a lift maintenance system with 24-hour service.

    The company said it has received a provisional planning permit from the Urban Redevelopment Authority and construction is expected to start at the end of this year.

    The developer has not worked out the maintenance costs per unit yet.

    Though the project has not been launched, prospective buyers, attracted to the concept, have begun calling.

    Chesterton International research director Colin Tan said it’s the first time he has heard of such a concept for a residential property here.

    There are mechanised carparks in commercial properties such as Peninsula Shopping Centre and Thomson Medical Centre.

    LIKE LANDED PROPERTY

    Said Mr Tan: ‘One of the best things about living in a private condo is parking right next to the lift lobby and taking the lift right to your doorstep. This takes it one step further.

    ‘This is a premium, a plus point for the development. It’s like living in a landed property.’

    But Knight Frank research director Nicholas Mak wondered if such extravagance was necessary.

    He said: ‘Do you really need to bring your car into your living room? If you argue that it’s for the purpose of security, you can always have garages with locks. I wonder if buyers will accept it.’

    Businessman Leonard Wee, 49, liked the idea though.

    He said: ‘It’s every car enthusiast’s dream to have your car parked right inside the living room. And what better way to show off your Ferrari? It’s like having your own car showroom.’

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    Default Hamilton Scotts (D9, Freehold, Hayden Properties)

    March 16, 2008

    Upcoming condo equipped with garage in the sky

    By Frankie Chee


    PARKING the car is set to reach a whole new level - with a high-rise condominium where every apartment comes with its own private garage in the sky.

    The Hamilton, coming up at 37 Scotts Road on the former site of Hotel Asia, will make this fantasy come true.

    Residents of the 30-storey tower will be able to drive their vehicle into a special glass elevator that will lift the vehicle from the ground floor to their 'porch' on the same level as their living rooms.

    The 56-unit development has not been launched yet. But when built, it will become the first residential high-rise in Singapore, and only the third in the world after developments in New York and Dubai, to have this vroom-with-a-view parking feature.

    Ms Leny Suparman, director of developer Hayden Properties, said the feature offers 'a unique way of living in a condominium yet with the advantages of a landed property'.

    Motorists here have already become familiar with high-tech 'stack' parking, though it is not quite the seamless elevator ride The Hamilton promises.

    At the Chinatown nightlife hub Club Street, the first fully mechanised public carpark was launched last month.

    And MacDonald House in Orchard Road has had an elevator take vehicles to its carpark on the second and third levels after its refurbishment in June 2005.

    Owning a unit at The Hamilton, complete with its own private parking bay, will not come cheap.

    Hayden Properties is unable to give any price indication for its units - averaging 3,000 sq ft in size.

    But according to the Urban Redevelopment Authority's website, apartments in the vicinity have been going for around $4,000 per sq ft.

    At The Hamilton, that could work out to about $12 million a unit.

    In land-scarce Singapore, mechanised parking systems may seem the way to go, taking up less space than conventional parking lots.

    Read the full report in Monday's edition of The Straits Times.

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    Default Re: The Hamilton (D9, Freehold, Hayden Properties)

    March 17, 2008

    Sky-High parking

    By Frankie Chee


    VROOM WITH A VIEW: The Hamilton, to be located on Scotts Road, will become the first residential high-rise in Singapore, and the third in the world after New York and Dubai, to have a private car porch for each apartment. -- PHOTO: HAYDEN PROPERTIES

    PARKING the car is set to reach a whole new level - with a high-rise condominium where every apartment comes with its own private garage in the sky.

    The Hamilton, coming up at 37 Scotts Road on the former site of Hotel Asia, will make this fantasy come true.

    Residents of the 30-storey tower will be able to drive their vehicle into a special glass elevator that will lift the vehicle from the ground floor to their 'porch' on the same level as their living rooms.

    The 56-unit development has not been launched yet. But when built, it will become the first residential high-rise in Singapore, and only the third in the world after developments in New York and Dubai, to have this vroom-with-a-view parking feature.

    Ms Leny Suparman, director of developer Hayden Properties, said the feature offers 'a unique way of living in a condominium yet with the advantages of a landed property'.

    Motorists here have already become familiar with high-tech 'stack' parking, though it is not quite the seamless elevator ride The Hamilton promises.

    At the Chinatown nightlife hub Club Street, the first fully mechanised public carpark was launched last month.

    And MacDonald House in Orchard Road has had an elevator take vehicles to its carpark on the second and third levels after its refurbishment in June 2005.

    Owning a unit at The Hamilton, complete with its own private parking bay, will not come cheap.

    Hayden Properties is unable to give any price indication for its units - averaging 3,000 sq ft in size.

    But according to the Urban Redevelopment Authority's website, apartments in the vicinity have been going for around $4,000 per sq ft.

    At The Hamilton, that could work out to about $12 million a unit.

    In land-scarce Singapore, mechanised parking systems may seem the way to go, taking up less space than conventional parking lots.

    A spokesman for the Land Transport Authority (LTA), which owns the M-Park@Club Street, said the mechanised carpark occupies 900 sq m and provides 142 parking lots.

    A conventional multi-storey carpark would need a 2,000 sq m site to provide space for the same number of vehicles.

    Hayden is a joint venture between local financial consultancy company KOP Capital and Emirates Tarian, a subsidiary investment company of the Emirates Investment Group.

    While its car-porch-in-the-sky is a ritzy feature, not all motorists are sure they will like their cars riding up and down elevators.

    'What if the lift breaks down?' asked regional foreign exchange manager David Hong, 44, who prefers to keep his wheels on the ground.

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    http://www.businesstimes.com.sg/sub/...86946,00.html?

    Published July 9, 2008

    Hamilton Scotts offers a garage in the sky

    By LIM WEN JUIN


    IF you are the sort who cannot bear to take your eyes off your beloved car when you are ensconced in your home, then make an appointment to view the apartment units at Hamilton Scotts.

    Located at 37 Scotts Road, the 30-storey luxury development by developer Hayden Properties is the first in Asia to feature car parking within the apartment units, with the car parking area separated from the living space by double glazing.

    Drivers stop their vehicles at a designated point in the basement, exit and undergo a biometric scan, whereupon elevators take the car up to the correct unit in an automated, driverless process.

    The project is now open for preview by appointment only. It is understood the units will be priced at about $3,800 per square foot (psf).

    The condominium consists of 56 units, including 52 three-bedroom units of 2,700 sq ft and two 3,200 sq ft junior penthouse units. Each of these has parking space for two cars.

    The remaining two units are 7,100 sq ft triplex penthouses with interior customised to buyer specifications, serviced by an internal lift and come with a rooftop garden and swimming pool. They can accommodate four cars each.

    Hamilton Scotts is slated for completion by 2011.

    If living with your car is not your cup of tea, perhaps you might want to visit another luxury residential project: Signature at Lewis. It will be officially launched this Saturday by developer Hiap Hoe Group with a starting selling price of $1,670 psf.

    Located at 1 Lewis Road, the 12-storey development comprises 10 studio units (635 sq ft each), 10 two-bedroom units (980 sq ft) and 10 four-bedroom units (1,841 sq ft), as well as two penthouses, with private pool and roof deck, occupying over 3,000 sq ft each.

    So far, three units have been booked for an undisclosed price.

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    http://www.straitstimes.com/Money/St...ry_256018.html

    July 9, 2008

    Posh condo on sale amid weak market

    By Joyce Teo, Property Correspondent


    ULTRA-LAVISH PROJECT: The Hamilton Scotts, which features lifts for cars, will likely be listed at an average price of $3,800 psf. -- PHOTO: HAYDEN PROPERTIES

    A LUXURY condominium that lets residents park their cars right in front of their high-rise units has been released for sale at a price analysts consider rather steep, given the quiet market.

    The Hamilton Scotts project - it has special lifts to bring the cars to the desired floor - will likely be listed at an average of $3,800 per sq ft (psf), said developer Hayden Properties yesterday.

    That will price the 52 regular units of about 2,700 sq ft at between $8 million and $12 million each. The 30-storey freehold condo in Scotts Road also has two junior penthouses of about 3,200 sq ft and two penthouses of around 7,100 sq ft.

    Market insiders say the condo could be priced between just under $3,000 psf to over $4,000 psf, while one market watcher says it could have fetched between $3,500 and $4,500 psf last year.

    However, the $3,800 psf average price is still relatively high given the cooling market for luxury homes.

    There are several posh projects in the pipeline, but developers have been holding back launches amid the uncertain climate.

    The luxury segment has taken a big hit after the dizzying highs hit last year. Prices are down about 10 per cent with falls of a further 5 to 10 per cent expected by the end of the year, said Savills Singapore.

    The only other major luxury development released for sale this year was the 100-unit Nassim Park Residences. More than half the units have been sold since May, with prices averaging $3,000 psf.

    'Hayden is probably keen to take advantage of this quiet period to launch, after the release of Nassim Park Residences and before the Hungry Ghost Festival,' said Savills director of marketing and business development Ku Swee Yong.

    Knight Frank's director of research and consultancy, Mr Nicholas Mak, believes The Hamilton Scotts has enough appeal to defy the trend somewhat: 'There will still be takers as it is a unique product. But this is the time for mass market projects.'

    The recent pickup in launches was almost all in the mass market or mid-tier segment.

    Hayden managing director Ong Chih Ching said it should be able to get offers if the project is priced correctly. However, it would not sell if the price is not right.

    'We are previewing it and not launching it because this is not the right climate to launch,' said Ms Ong, who added that Hayden has temporarily halted sales at its ultra- posh Ritz-Carlton Residences until the mood improves.

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    http://www.todayonline.com/articles/265468.asp

    Thursday, July 17, 2008

    ‘We want to be a niche player’

    Developer wants to build luxury homes and hotels across Asia and Europe

    CONRAD RAJ

    editor-at-large [email protected]


    FOLLOWING the launch of The Hamilton Scotts on Scotts Road, its developer Hayden Properties is now setting its sights on the region and beyond to develop and build similar ultra-luxurious homes.

    Hayden has an interesting mix of owners. It is 50-per-cent owned by KOP Capital, founded by 39-year-old lawyer Ong Chih Ching and Leny Suparman, 33, who came from property consultancy CB Richard Ellis (Singapore). The other half is owned by Emirates Tarian Capital (ETC) of the United Arab Emirates.

    Together, they plan to go overseas to develop hotels and resorts in Europe and Asia, according to KOP.

    Both companies are already talking to potential investors and parties on acquiring land and developing properties overseas. Their interest lies in places such as Bali, Bangkok, Kuala Lumpur, Hong Kong, Japan, Vietnam, India and China.

    KOP Capital, previously known as KOP Management Services and which sprung from the law firm of Koh Ong and Partners (KOP, get it?), is already familiar with overseas projects. The firm has been involved with the development of several luxury hotels and resorts in China.

    And the two companies have got ultra-rich partners to support their expensive projects, both here and overseas. Its partner in Hayden, ETC, is a subsidiary boutique investment company of the Emirates Investment Group, whose real estate investments include Emirates International Holdings, Palazzo Versace Gold Coast in Australia, Palazzo Versace Dubai, D1 Residential Tower, Emirates Financial Towers, Karachi Financial Towers and White Bay.

    In April, KOP sold a 51-per-cent stake in the company to the Dubai Investment Group, which is part of the business empire of Dubai’s ruler, Sheikh Mohammed Rashid Al Maktoum, whose diversified portfolio is valued at over US$7 billion ($9.45 billion).

    “Hayden will concentrate on high end luxury properties, while KOP will go into opportunistic investments,” said Ms Ong, who has had 12 years of practice in corporate and property law, and who was a founder of the Singapore Investors Association of Singapore (Sias).

    “We want to be a niche player in the high end lifestyle sector where there’s a lacuna (gap) in the market. There are lots of products created without much understanding of the life-style buyers want,” she said.

    For instance when Hayden bought the Hamilton site, it did not at first think of putting up a luxury apartment block, instead it was looking at various other things like a serviced apartment which previous owner CapitaLand had planned for, or a hotel.

    “But after talking to some people, we decided that what was needed was something iconic.

    “The architects Eco-id came up with an innovative and daring design by giving apartment owners the comfort of parking their marques right by their residences, regardless of which level they are in,”Ms Ong said adding that they had to overcome various issues, including fire-safety compliance, et cetera.

    Response to the launch of the 30-storey block scheduled for completion in 2011 was “very encouraging” the two said. “Although our launch party was scheduled for 8pm, people were already streaming in at 4pm, and we had more than 400 people turning up with all 500 kits that we had printed snapped up,” Ms Suparman said.

    The two partners also disclosed that they received “no less than three offers” to purchase the entire project from parties from Russia, the Middle East and China.

    “These people were looking for iconic developments and saw the Hamilton as an entry into the region’s property market. We didn’t mind selling them a chunk of the project but parting with the entire building would have made us appear desperate and looking like we were just in it for the punt,” she added.

    Hayden has so far sold about a half dozen of the 56 units at an average price of $3,800 per sq ft or over $10 millionfor a 2,700 sq ft apartment, which doesnot include the 600 sq ft allotted for two cars.

    The company has also tied up with the Ritz Carlton on a $300-million project in Cairnhill Road which will feature a 24-hour concierge service, housekeeping, sommelier service, and three sky terraces where residents can entertain, exercise or just lounge around.

    The cheapest 2,800 sq ft apartment is expected to fetch at least $11.5 million while a junior penthouse of about 3,500 sq ft will cost about $18 million. Monthly maintenance will come to at least $2,500, the most expensive in Singapore.

  17. #17
    Unreg¡stered Guest

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    This one is solid!

  18. #18
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    wat happen if the car lift suddenly jammed or major electrical breakdown? siao liao

  19. #19
    Unregisteredzzz Guest

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    Quote Originally Posted by kal
    wat happen if the car lift suddenly jammed or major electrical breakdown? siao liao
    if they could design a garage in such a way, i'm sure the architect should have taken care of this problem.

  20. #20
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    architect also human, human sure hv error, singapore flyer also jammed for half hour few days ago..bmw also caught fire, concorde also crashed, A380 also technical delay few times, titanic also sank, which pc/laptop never hang b4.... tats why call "accident" ma...

  21. #21
    Unregistered. Guest

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    Kal, Thumbs up for you.

  22. #22
    Unregisteredhaha Guest

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    [QUOTE=kal]A380 also technical delay few times,QUOTE]

    you mean the China-made Chery car?

  23. #23
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    Default THe Hamilton Scotts (Scotts Rd, D10)

    Anyone knows what is happening to this? Did they manage to sell any units?

  24. #24
    Unregistered2222 Guest

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    I will be amazed to see one of the owners parking their lorry or van in the living room. Ha!

  25. #25
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    go ahead and pay sky high prices, $3000psf to $5000psf for a property in the central. We need more people paying that kind of money for high end properties so that properties elsewhere will see a rise as well.

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    Highly unlikely , take a walk at the show flats now. You have got more bank officers and housing agents than buyers.

  27. #27
    Angmoh Guest

    Default OMG

    This is the most ridiculous design for a flat ever....

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    the life here looks very luxurious,,

  29. #29
    mr funny is offline Any complaints please PM me
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    http://www.straitstimes.com/Money/St...ry_677393.html

    Jun 8, 2011

    KOP Properties upbeat despite slow sales at luxury condo

    By Cheryl Lim


    DESPITE slow sales at its high-end Hamilton Scotts condominium, luxury property developer KOP Properties will not lower its prices for the Scotts Road project.

    Instead, the company will hold out for buyers who are prepared to pay for quality properties, said chief executive Leny Suparman.

    In a telephone interview with The Straits Times last week, she expressed optimism about the luxury home sector.

    'The only way prices can move is up,' she said. 'If there are two to three more luxury property launches this year, it will start the trend and people will want to come in and get a slice of the action too.'

    While prices in the mass market segment have recovered substantially, luxury property prices are still 20 per cent below the pre-crisis peak, Ms Suparman said.

    'There needs to be this momentum for the ultra-luxury segment as well - it will be positive for the overall market,' she said.

    'There are lots of people with money but when it comes to selling such properties, I believe you need to be able to feel the space before you can decide whether to buy.'

    Ms Suparman was speaking after a KOP Properties unit, Hayden Properties, held a 'topping out' ceremony for Hamilton Scotts recently. This marks the final pouring of cement at a property project before completion.

    The 30-storey, 54-unit ultra-luxury condo is expected to be completed in the fourth quarter of this year.

    In the meantime, it has seen a take-up rate of about 40 per cent - unchanged since last December.

    Prices average between $3,600 and $3,800 per sq ft (psf).

    KOP Properties said it is in talks with buyers to sell several units in its other development, The Ritz-Carlton Residences.

    The project has sold 19 units so far, with the most recent sale in January. Prices for the apartments average between $3,300 and $3,800 psf.

  30. #30
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    Enjoying view of new car is one thing, having a daily-use car in the house is another thing. Sometimes there are bugs on or in the car. What if at night they climb out and sleep in the house? I can only imagine infestations and troubled residents.

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