good-class bungalows. Ideally located in the Botanic Gardens good-class bungalows vicinity, the 303,697 sf freehold site, when redeveloped, will yield a net saleable land area of 248,328 sf.

Keppel Land will market the Cluny Hill bungalow plots with customised design-and-build options in the first half of 2001. This concept, a first in the real estate industry in Singapore, allows buyers to purchase plots with land areas ranging from 15,000 sf to more than 30,000 sf each and build the bungalow according to their own specifications. Keppel Land will also provide project management services for the entire process from conceptualisation to completion for buyers who prefer to have pre-designed homes but wish to avoid the hassle of having to project-manage the construction.

Butterworth 8

Butterworth 8 is the largest freehold condominium in the Katong vicinity, with a total of 216 units spread over three 18-storey blocks. It is within walking distance to the Paya Lebar MRT station and close to reputable schools such as Tao Nan, Tanjong Katong Girls’, Kong Hwa and Chung Cheng High. Like Caribbean and Freesia Woods, every unit at Butterworth 8 is also equipped with smart features such as pre-wired data or telephone points in all bedrooms, living room and kitchen, a web portal and broadband Internet access to allow residents to enjoy convenient connectivity.

The Linc

Located at Lincoln Road, The Linc offers city living in a prime district, with easy access to the Newton MRT station which is just one stop from the Orchard Road shopping belt and entertainment centre. Yet, it is fine living as well with lifestyle facilities including a swimming pool,

gymnasium, children’s pool and play area, barbecue area and basement carpark within the exclusive and quiet Newton residential enclave.

The Linc offers 51 exclusive freehold apartments, with sizes ranging from 646 sf to 1,851 sf, complete with smart features.

Quality Landbank

Keppel Land’s residential landbank currently stands at around 3.1 million sf of attributable gross floor area. About 75% of its landbank are freehold or 999-year leasehold in tenure. Of this, 60% are located in the prime 9, 10, 11 and 15 districts.

The acquisition of properties and assets from TLB Land following the divestment of the company by Keppel TatLee Bank to the Ayala Group, was completed in May 2000. These include two 999-year leasehold sites at Mar Thoma Road, and freehold sites at Cairnhill Circle and Devonshire Road.

Existing Residential Properties

Nassim Woods, Keppel Land’s luxury condominium at Nassim Road, continues to enjoy full occupancy. Tenants include expatriates from Europe and the United States.

Some 98% of the 510 units at Pebble Bay, an exclusive waterfront project at Tanjong Rhu, have been sold, while the remaining units have been leased.

Keppel Land’s reputation as a major developer of quality homes was further strengthened with the completion and successful hand-over of 1,000 units from Palm Gardens and The Mayfair condominiums and another 515 terrace houses at Villa Verde to the owners in 2000.