Boutique luxury by the big names in high-end high-rises
The “luxury pied à terre” is going next level, with the launch of the Cuscaden Reserve condo by a trio of high-end specialists, SC Global, New World Developments and Far East Consortium.
Units will range from 700 sqft for the one bedroom through to 1,150 sqft for the three bedroom, with large sliding doors allowing residents to create open, loft-like spaces (or close them up again into separate living and bedrooms).
The 192-unit development is situated opposite the Regent Hotel at 8 Cuscaden Road, next to the forthcoming Orchard Boulevard MRT Station on the Thomson-East Coast Line. It’s a coveted site – that saw the trio of developers beat out eight other bidders with an offer of $410m at $2,377 psf ppr, setting a record for residential government land sales. (The previous record had stood at $1,733 psf ppr, set by Frasers Property for a Jiak Kim Street site, so quite a jump.)
Nestled between Singapore’s finest five-star hotels in the exclusive and more genteel end of Orchard Road, it reminds me in many ways of the exclusive enclaves in New York’s Upper East Side.Simon Cheong, founder and chairman, SC Global
Taking inspiration from SC Global’s “Petit Collectible” concept, as well as New World Development’s “Artisanal Movement,” Cuscaden Reserve will combine craftsmanship with innovation in a Bauhaus-style design approach.
The development takes advantage of a slight incline in the property to offer views of Orchard and the Singapore Botanic Gardens – and indeed the condo itself offers spectacular landscaping, with 90% of the site area given over to greenery.
Based on the land value, expected pricing for the Cuscaden Reserve units is in the $3,300 to $3,700 psf range. Private previews for the development are anticipated in the third quarter of 2019.