REVIEW OF OPERATIONS

The Edgewater

The Edgewater is a 53-unit condominium comprising 2- and 3-bedroom apartment units. Unit sizes range from 926 to 2,357sf. Located along Jalan Loyang Besar, it is within walking distance to Pasir Ris Beach Park and the NTUC Lifestyle World Downtown East. It also enjoys close proximity to White Sands Shopping Centre, schools and other amenities.

Facilities include four swimming pools spanning the length of the development, with majority of ground floor units perched above the pool surface. There is also a gymnasium, a children’s playground and barbecue pits. Some units come with the much sought-after roof terraces. All units have been sold.

Butterworth 8

Butterworth 8 is a 216-unit condominium development located in the Tanjong Katong vicinity. It is within walking distance to the Paya Lebar MRT station and close to reputable schools like Tao Nan, Tanjong Katong Girls’, Kong Hwa and Chung Cheng High. Equipped with modern features like broadband Internet access and pre-wired data and telephone points, residents would be able to enjoy convenient connectivity.

Launched in January 2002, the development is 100% sold.

Butterworth 8, a 216-unit condominium development in Tanjong Katong, is fully sold.

Upcoming Launches

For 2002, Keppel Land intends to launch several projects including, two projects at Mar Thoma Road and Duchess Park in Bukit Timah. As the positive sentiment appears to have spilled over from the mass and mid market segments into the higher end segments, Keppel Land is reviewing its landbank and may launch other projects in popular districts. Freesia Woods and Caribbean at Keppel Bay may also be re-launched if market conditions are conducive.

6 Mar Thoma Road and 22-26 Mar Thoma Road

Keppel Land has two proposed apartment developments at Mar Thoma Road with 40 and 87 units respectively.

Located off Serangoon Road, the developments are just a short drive away from town and are readily accessible via Pan Island and Central Expressways. They are also near to the future Boon Keng and Potong Pasir MRT stations, and close to schools like St. Andrew’s Junior, St. Andrew’s Secondary, Cedar Girls’ Secondary and Victoria School.

Facilities include a swimming pool, a clubhouse and a basement carpark.

Duchess Park Redevelopment

This is an exclusive 62-unit condominium development located off Bukit Timah Road. Nestled in a quiet residential neighbourhood, it is also close to many good schools like Raffles Girls’ Primary, Nanyang Primary, Nanyang Girls’ High, The Chinese High, Hwa Chong and National Junior College. Its facilities include a swimming pool, a gymnasium, a clubhouse and a basement carpark.

Freesia Woods

Freesia Woods is a 129-unit freehold condominium located in the quiet and tranquil Sunset Way private housing estate. It is shielded from the hustle and bustle of the city, yet conveniently accessible to the city via various thoroughfares such as the Bukit Timah Road, Pan Island Expressway and Ayer Rajah Expressway.

The predominantly landed residential enclave is surrounded by well-established Holland Village, Bukit Timah and Clementi housing estates, all of which are just minutes’ drive away.

The development offers 1- to 4-bedroom apartment units, with floor sizes ranging from 1,023 to 2,680 sf. Apartment units are designed with efficient layouts, private lift lobbies, floor to ceiling windows and smart home features to cater to modern living.

Freesia Woods is also close to prestigious schools and institutions such as Henry Park Primary School, Pei Hwa Presbyterian Primary School, Methodist Girls’ Primary School, Singapore and Ngee Ann Polytechnics, Australian International School, Singapore Institute of Managment and National University of Singapore.

Close to half of the 50 units were sold during the soft launch in November 2000.

Caribbean at Keppel Bay

Keppel Bay is the first and only truly waterfront district, designed for total fusion with the seas with its breathtaking sea views, a grand marina and spectacular waterways right up to the homes.

The first residential project being developed in this prestigious waterfront district is Caribbean at Keppel Bay, with 969 luxurious apartments right by the water’s edge. The development offers two- to four-bedroom apartment units as well as penthouses with floor areas ranging from 840 sf to 6,135 sf.

Units will enjoy spectacular views, be it of the sea, water channels or the panorama of the lush greenery of Mount Faber and Keppel Golf Club. Sitting on a former shipyard site, with the natural deep harbour waters and a 1,200-metre long shoreline, the development will redefine waterfront living in Singapore. Residents will be able to enjoy the water literally at their doorstep.

The development enjoys easy access to major expressways and is ten minutes’ drive to Raffles Place, the heart of the financial district. The new HarbourFront MRT station, which is scheduled for completion in 2002, is also within walking distance and only three MRT stations from the Raffles Place Interchange.

Apartment units are provided with private lift lobbies, quality finishes, full height glass windows and smart home features such as broadband internet access, local area network, home automation and condominium portal.

Singapore’s first and only truly waterfront district - Keppel Bay.

The project achieved good sales when it was first launched in September 2000. So far, 310 out of 430 apartments launched have been sold.

Keppel Land holds 30% equity of the entire waterfront project and is also the development manager. Keppel Corporation holds the remaining 70%.