The Beaumont up for collective sale at $478 mil
EdgeProp Singapore
December 9, 2021
The Beaumont, a 64-unit boutique development on Devonshire Road in the prime Somerset area of Orchard Road, will be launched for collective sale on Dec 10. The project is located at a quiet cul-de-sac, off the main Exeter Road, and is just a 150m or a two-minute walk to Somerset MRT Station. Malls along Orchard Road such as 313@Somerset, Mandarin Gallery, Ngee Ann City and Paragon are also nearby.
“The proximity to these amenities — from the MRT station to the shopping malls, as well as a short drive to the CBD — is a huge attraction,” says Galven Tan, deputy managing director, investment sales and capital markets at Savills Singapore, the sole marketing agent for The Beaumont.
The existing development has two blocks of up to 10 storeys, with a mix of one-bedroom units from 775 sq ft to three-bedroom units of 1,948 sq ft. Developed by Malaysian-listed conglomerate Keck Seng, the project was completed in 1985. Keck Seng is understood to continue to hold a significant interest in the development.
Read more at: https://www.edgeprop.sg/property-new...e-sale-478-mil