47
1
City Gate
371 Beach Road
S$ 999,999
1
Bed
1
Bath
452
sqft
S$ 2,212
psf
About this property
High floor, unblock view, tenancy till 2024
✔ Flexible Viewing via appointment
✔ 1 bedroom
✔ City View
✔ Efficient layout, easy furnishing space
✔ Windy & bright
✔ High-end quality with built-in appliances
✔ Mins walk to Nicoll Highway MRT Station on the Circle Line is a 5 minute walk
★ Bendon Tan 陈湧达 | M: 8***** ★ ★ Email: B*****@***** ★
City Gate
City GateFrom its position, City Gate dominates Beach Road and the surrounding area – one that has been earmarked for dramatic changes in the forthcoming years. From its 25 storeys, residents will be able to not just see all the way down Beach Road but across the conservation area of Kampong Glam, one of the go to places on the island for quirky boutiques, fabric shopping, middle eastern dining and partying. Being a mixed development, City Gate benefits not just from the abundance of retail and F&B options in its immediate neighbourhood, but also from those in its own backyard. Nicoll Highway MRT Station is only a 5 minute walk away.Bayfront Ventures Pte. Ltd is comprised of Fragrance Group and World Class Land (WCL) is a commercial and residential development company in Singapore.City Gate – Unique Selling PointsThe area around Beach Road is being targeted for grand developments, while leaving the nearby conservation areas such as Kampong Glam unscathed. This means future residents of City Gate will be able to enjoy the best of both worlds. The convenience of living in a mixed development is obvious, and City Gate will boast numerous retail units as well as 29 restaurants, a food court and large supermarket. Outside though there is the shopping, dining and partying extravaganza that is Kampong Glam, as well as the bars and restaurants along Beach Road. Nicoll Highway MRT Station on the Circle Line is only 5 minutes' walk away, giving access to the CBD and Orchard, while numerous bus routes are just outside City Gate itself.City Gate – AccessibilityNicoll Highway MRT Station on the Circle Line is a 5 minute walk from City Gate, giving speedy access into the CBD, Orchard and all other areas of the island. There are also numerous bus routes that stop just outside the development. One of the attractions of City Gate however is just how many amenities are on its doorstep, with literally dozens of dining options within a 5 minute walk. The Nicoll Highway is very close by, with the ECP easily and speedily accessed as well.City Gate - Amenities & AttractionsDining near City Gate:Kampong Glam Bars and Restaurants29 Restaurants within City Gate plus 1 food courtShopping near City Gate:Arab StreetBugis JunctionBugis+Golden Mile Shopping ComplexSim Lim SquareSchools and Education near City Gate:Stamford Primary SchoolBroadrick Secondary SchoolNorthlight Secondary SchoolTanjong Katong Girls SchoolCity Gate - Project informationDevelopment of the Beach Road area was prioritised as part of the 2014 URA Master Plan, and the City Gate development is at the forefront of those plans. A huge mixed development, City Gate will comprise of 311 residential units located in a 25 storey tower, as well as 188 commercial units in a separate 3 storey podium. Included in those commercial units are 29 restaurants, a food court and a large supermarket meaning the ultimate in convenience for residents. With regards to the residential units, City Gate boasts 1, 2 and 3 bed units. The 2 and 3 bedders also come with a choice of dual key format and there are 1, 3 and 4 bed penthouses.As well as the retail options on their doorstep, residents of City Gate also have a wide range of facilities to choose from including a gym, an outdoor 40 metre swimming pool, outdoor fitness area, while the 24th floor Sky Club features among other things, a yoga deck, gourmet dining area and sky gym.Project Name: City GateAddress: 371 Beach RoadDeveloper: Fragrance Group & World Class Land (Bayfront Ventures Pte Ltd)Type: Mixed Development/CondominiumTenure: 99 years leasehold as of 25th April 2014District: D07Configuration: 311 Residential (25 stories) & 188 Retail units (3-storey commercial podium)Residential Unit types:43 x 1-bedroom units (431 – 452 sqft)42 x 2-bedroom units (560 – 570 sqft)174 x 2-bedroom DK (Dual Key) units (678 – 807 sqft)44 x 3-bedroom DK units (904 – 915 sqft)1 x 1-bedroom penthouse (484 sqft)4 x 3-bedroom penthouses (807 – 1,464 sqft)3 x 4-bedroom penthouses (1,604 – 1,819 sqft)Commercial Unit types:157 shops (280 – 721 sqft)29 restaurants (452 – 1,044 sqft)1 food court (4,693 sqft)1 supermarket (3,735 sqft)Parking lots: 315 (Residential)113 (commercial with 3 loading bays & 3-storey Podium carpark)Expected TOP: 30th June 2020Expected legal completion: 31st Oct 2022City Gate - Historical DataBy July 2015, the number of caveated transactions for City Gate stood at 230 from the 262 units launched. The recorded transaction prices for those sales ranged between $780K and $3.36M. More than 85 percent of those transactions came in at $1.5M or below, with just 1 being more than$2M.In terms of the median prices for those transactions, the 1 bed units saw a price of $1,923 psf. The median price was $1,862 psf and $1,811.5 psf for the 2 bed standard and dual key units respectively, the 3 bed dual key saw figures of $1,745 psf while it was $1,850 psf for the 4 bed penthouse.City Gate - Related ProjectsThe following projects are by the same developer as City Gate:Waterfront @ FaberKensington SquareUrban VistaCity Gate - Nearby ProjectsThe following developments are in the same neighbourhood as City Gate:DUO ResidencesConcourse SkylineBurlington Square
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