Gramercy Park
57 Grange Road, Singapore
Singapore’s property market is expected to boom in 2018. Record-high deals were made for an office development site in the central business district, with another SGD3.3 billion (~USD2.5 billion) deal is to be made by the end of this year, reaching the climax of its land deal at SGD14 billion.* Singapore has been well recognized as a country with political stability, low taxes, and excellent transportation, with this most recent all-time big record to embark an even brighter property market, the blooming country is worth investing in to be your next investment destination of luxury residences.
Gramercy Park, developed by City Developments Limited, the top developer in Singapore, is a freehold luxury project just 5 minutes’ walk to Orchard Road. The luxury rental is appealing for its close proximity to transportation and multiple attractions, including Union Square and Madison Square Park.
*Source from Bloomberg Markets
*** City Developments Limited’s Singapore Project from HKD24M / Luxury residential tower / Rare freehold near Orchard Road***
Project Highlights:
- Freehold condominium units from around HKD 24m*
- Price from HKD HKD16,000 p.s.f.*
- Expected Gross Yield up to 3% p.a.**
- 2 to 4-bed units and penthouses are available
- Net area from 1,184 sq. ft. to 7,287 sq. ft.
- Foreigners can own private condominium, industrial and commercial properties either leasehold or freehold without any restrictions.
- Gramercy Park condominium is freehold for locals & foreigners
- Up to 70% mortgage for foreigners
- Developed by CDL based in Singapore, which is the first and only one of Singapore company to be listed on the Global 100 ranking for 8 consecutive years
- Completed in Q4/2016
- Located close to the Orchard Road (by 5 mins walk)
- Exclusive access to a wide array of amenities, including 50m Grand Pool, Gym, Fitness Studio, Tennis Court, BBQ, Restaurants and more
- Free 1 Carpark (non-designated lot) without monthly parking fee
* Terms & Conditions Apply.
**Rental yield is projected and not guaranteed
Gramercy Park is in close proximity to luxury shopping malls.
Disclaimer:The information, text, photos contained herein are provided solely for the convenience of interested parties and no warranty or representation as to their accuracy, correctness or completeness is made by Ashton Hawks or the sellers, none of whom shall have any liability or obligation with respect thereto. These offerings are made subject to contract, correction of errors, omissions, prior sales, change of price or terms or withdrawal from the market without notice. Information provided is for reference only and does not constitute all or any part of a contract. Ashton Hawks and its representatives work exclusively in relation to properties outside Hong Kong and are not required to be nor are licensed under the Estate Agents Ordinance (Cap. 511 of the Laws of Hong Kong) to deal with properties situated in Hong Kong. Digital illustrations are indicative only. ^Travel times are an approximation only, sourced from Transport for London. *Rental yield is projected by the agency and not guaranteed by the developer.
