OPERATIONS AND MARKET REVIEW SINGAPORE

EXISITING RESIDENTIAL PROPERTIES

Nassim Woods

Nestled amidst a distinguished neighbourhood of foreign embassies, country clubs, and the Botanical Gardens, Nassim Woods offers 35 luxurious units of 3- and 4-bedroom apartments and penthouses. Located at the fringe of Orchard Road, the development is only a short drive away from the financial district at Raffles Place and the new arts centre at Esplanade - Theatres on the Bay.

With floor sizes ranging from 1,989 to 6,400 sf, Nassim Woods is currently held for lease. Popular with expatriates from Europe and the US, it continues to enjoy good occupancy exceeding 70%.

Freesia Woods

Freesia Woods is a 129-unit freehold condominium development set within the quiet and tranquil Sunset Way residential enclave. The private sanctuary is within close proximity to Holland Village, the city, schools and a wide range of amenities.

Freesia Woods is a private sanctuary nestled in the Sunset Way residential enclave, is close to Holland Village and a wide range of amenties.

Freesia Woods obtained its Temporary Occupation Permit (TOP) in June 2003. The development comes with quality finishes, efficient layouts and floor-to-ceiling windows. It offers 1- to 4-bedroom apartment units, with floor sizes ranging from 1,023 to 2,680 sf. A wide range of facilities is provided which include four pools - main pool, bubble pool, children’s pool and wading pool - a club house, a tennis court, exercise stations, a reflexology path and a jogging track.

Re-launched in June 2003, the development is 58% sold as at end-2003.

The Edgewater

Located along Jalan Loyang Besar, The Edgewater is a 53-unit condominium development comprising 2- and 3-bedroom units, with floor areas ranging from 926 to 2,357 sf. It obtained its TOP in December 2003. The development is within walking distance to the Pasir Ris Beach Park and the NTUC Lifestyle World Downtown East. It is also close to the White Sands Shopping Centre, schools and other amenities.

A major feature of the development is the four swimming pools that span over the length of the development, with the majority of ground floor units perched above the pool surface. There is also a gymnasium, a children’s playground and barbecue pits. All units have since been sold.


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