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Allgreen Properties relaunches SkySuites@Anson

angela.teo@bizedge.com

This coming weekend will see the relaunch of the remaining 100 units at the 360-unit SkySuites@Anson in Tanjong Pagar, which is poised to be Singapore’s “next Waterfront City” after the port is relocated to Tuas. At 250m, the 72-storey condominium is also one of the three tallest in Singapore.

Developed by Allgreen Properties, SkySuites@Anson was launched in 2011, and completed in 2015. About 88% of the units are one- and two-bedroom apartments. There are 156 typical one-bedroom units sized from 366 to 398 sq ft, and four 505 sq ft one-bedroom units units on the 60th floor. Another 156 units are two-bedroom units that measure 667 to 699 sq ft. Three-bedroom units make up the remaining 44 units. They are located on the high floors, from the 61st to 71st storeys, and range in size from 957 to 1,140 sq ft.

 

Aerial view of the swimming pool on the ground level of the condo project
Source: Allgreen Properties

Aerial view of the swimming pool on the ground level of the condo project

 

The interiors were designed by Patty Mak of Suying Design, who is famous for her design of luxury homes in the prime districts. At Sky- Suites@Anson, Mak demonstrates that one need not compromise on comfort and space, even in a compact apartment.

 

View of the sea from the show suite of a three-bedroom unit
Source: Allgreen Properties

View of the sea from the show suite of a three-bedroom unit

 

The one-bedroom units are designed with a “transformer kitchen” that is fully equipped with an oven, stove hob, washing machine, dishwasher and shelves for storage. There is also storage space for a coffee machine, juicer/blender, vacuum cleaner and ironing board angled such that one can iron while watching television.

Wall panelling conceals storage space for suitcases and bedlinen. The bathroom comes with storage space behind the vanity mirror as well as shelves for towels and toiletries.

From the roof terrace on the 72nd floor, residents will be able to enjoy uninterrupted 360-degree views.

 

The sky garden called ‘The Retreat’ on the 60th floor of the 72-storey SkySuites@Anson
Source: Allgreen Properties

The sky garden called ‘The Retreat’ on the 60th floor of the 72-storey SkySuites@Anson

 

The developer is offering an 11% to 15% discount for available units for the relaunch. A deferred payment scheme of up to a year will also be available. However, the discount will be 5% less than that offered under the normal payment scheme, according to sole marketing agency Knight Frank Singapore.

Some of the units will be sold with tenancy in place. These units will have a slightly lower discount of 11%. After the discount, one-bedroom units facing neighbouring project ICON are priced from $861,075 to $895,518, while those fronting Enggor Street are priced from $950,787 to $987,633. The one-bedroom units have been leased at monthly rental rates of $2,800; therefore, buyers of these units will enjoy yields of 3.4% to 3.9% after taking the discount into account.

 

Exterior of the 360-unit SkySuites@Anson, which was completed in 2015

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Source: Allgreen Properties

Exterior of the 360-unit SkySuites@Anson, which was completed in 2015

 

Two-bedroom units are priced from $1.2 million to about $1.4 million, and leased at a monthly rental rate of $4,300. This translates to a gross rental yield of 3.2% to 4%. Three-bedroom units on the high floors are priced from $2.01 million to $2.285 million. Some of these units have been rented out at monthly rate of $5,500, which translates to a gross rental yield of 2.8% to 3.2%.

Most of the units available for sale are from the 45th floor onwards, and therefore enjoy views of either the sea or the city skyline. Even prior to the relaunch this weekend (July 22 and 23), close to 50 units have been reserved by interested buyers, according to property agents marketing the project.

 

Uninterrupted 360-degree views from the roof terrace of SkySuites@Anson
Source: Allgreen Properties

Uninterrupted 360-degree views from the roof terrace of the 250m tall SkySuites@Anson, one of the three tallest towers in Singapore

This article appeared in The Edge Property Pullout, Issue 789 (July 24, 2017) of The Edge Singapore.

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