The Reserve Residences Are a New Condominium Development in Singapore Located along the Popular Upper Bukit Timah Road

Three-bedder at The Sail @ Marina Bay cost $2.43 mil

The Sail @ Marina Bay is a 99-year leasehold advancement by City Developments as well as AIG Global Real Estate, located in District 1, at Marina Bay, which belongs to the Downtown Core. Completed in 2008, the development comprises 2 towers– the 70-storey Tower 1 and also 63-storey Tower 2– which house a total amount of 1,111 residential devices. Systems include studios to four-bedroom units varying from 592 to 2,185 sq ft. There are additionally penthouse systems varying from 3,391 to 6,297 sq ft. The condo towers are connected to an eight-storey platform block.

The Reserve Residences Are a New Condominium Development in Singapore Located along the Popular Upper Bukit Timah Road

The Reserve Residences will consist of two distinct parts: residential and commercial. The latter will house an array of retail and office spaces, while the former will serve as a public space for social gatherings. The Reserve Residences is expected to be 36 stories tall, and is adjacent to the Beauty World estate. The Reserve Residences will also have a direct pedestrian link to the nearby MRT station. The Reserve Residences is anticipated to be completed by 2022.

The Reserve Residences are a new condominium development in Singapore located along the popular Upper Bukit Timah Road. This area is close to the upmarket Bukit Timah area, a shopping mall, and the popular Pei Hwa Presbyterian Primary School. This location is also conveniently accessible via public transport, with a nearby Beauty World mall and MRT station. There is no shortage of amenities, either.

The Reserve Residences will have an impressive location amidst the greenery of the region. Located at the junction of Upper Bukit Timah Road and Jalan Jurong Kechil, the development will feature a striking entrance plaza at the ground level. It is close to the Bukit Timah Nature Reserve, the Central Water Catchment Area, and the Upper Pierce Reservoir. Residents will also be able to access public amenities and transport nodes from the Reserve Residences, such as the Bukit Timah Plaza.

The three-bedroom unit that was cost the public auction gauges 1,313 sq ft and is located on the 60th flooring. It was offered with vacant belongings, on an as-is-where-is basis. The previous owner had actually bought it for $3.45 million ($ 2,627 psf) back in September 2013.

Map View of The Sail @ Marina Bay making use of EdgeProp Inspector Tool
The system’s living and also dining area has floor-to-ceiling windows, offering expansive sights of the CBD as well as the sea. Besides a bedroom that comes with an en collection restroom, there are two additional bedrooms and two common restrooms. There is also a household sanctuary, located adjacent to the enclosed kitchen area.

The Sail @ Marina Bay is a beachfront advancement beside Marina Bay Suites, which together develop part of the renowned city skyline of Singapore. Made by NBBJ Architects, The Sail @ Marina Bay’s leisure facilities consist of a swimming pool, spa/aqua fitness center swimming pool, tennis court, swimming pool balcony, exercise workshop, gym, bbq area as well as a pool deck. In addition, there are numerous restaurants on the initial flooring of the growth.

There has actually been a total amount of 12 deals at The Sail @ Marina Bay this year alone. The two newest purchases happened on May 9: a 1,313 sq ft unit on the 18th floor was sold for $2.37 million ($1,801 psf); and also an additional unit determining 883 sq ft, situated on the eighth flooring, altered hands for $1.97 million ($2,230 psf).

The Sail @ Marina Bay is within strolling distance of Downtown MRT Station (on the Downtown Line), and is likewise linked underground to the Raffles Place MRT Interchange Station for the East-West as well as North-South Lines.

Offered its location in the Downtown Core and its access, it has an energetic rental market. According to URA information, three-bedder systems with a floor location in between 1,100 and also 1,400 sq ft at The Sail @ Marina Bay were leased out in April this year at monthly leas varying from $6,200 to $6,500. This means that the unit sold, if rented, might potentially have a gross rental yield of around 3% per annum.

The Sail @ Marina Bay is a 99-year leasehold advancement by City Developments and also AIG Global Real Estate, situated in District 1, at Marina Bay, which is part of the Downtown Core. The Sail @ Marina Bay is a waterfront advancement adjacent to Marina Bay Suites, which with each other form component of the iconic city sky line of Singapore. Made by NBBJ Architects, The Sail @ Marina Bay’s leisure amenities consist of a lap pool, spa/aqua fitness center swimming pool, tennis court, swimming pool balcony, exercise studio, gym, bbq area as well as a pool deck. According to URA data, three-bedder units with a flooring area between 1,100 and also 1,400 sq feet at The Sail @ Marina Bay were leased out in April this year at regular monthly rents ranging from $6,200 to $6,500.

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