The Scotts Tower: 9 Units for Rent

The Scotts TowerThe Scotts Tower is situated in one of the most desirable locations in Singapore, right in the middle of District 9. Its 231 residential units are made up mostly of 128 large SOHO style 1 bedroom flats, which are not just spacious, but very well designed, fitted and built. Residents of The Scotts Tower will also benefit from a wide range of facilities. The location is ideal, with Newton MRT just a 5 minute walk away, meaning commuting to the CBD is quick and easy. The development is within walking distance of the shopping malls of Orchard Road (or 1 stop on the MRT) and is surrounded by a very large choice of dining options from Newton Food Court to very high end restaurants.Far East Organization is the largest property developer in Singapore and have developed over 500 properties in Singapore, especially in the Orchard Road area. It is the only developer in the world to have won eight FIABCI Prix d’Excellence Awards, which is considered the highest honour in international real estate.The Scotts Tower – Unique Selling PointsThe location of The Scotts Tower will be a big draw, with its proximity to some very nice restaurants, the Orchard Road shopping belt and the ease of getting into the CBD or Marina Bay by both car and MRT. The development itself is also worthy of note, with its very spacious SOHO style 1 bed units really offering a luxury lifestyle choice.The Scotts Tower – AccessibilityNewton MRT Station is the nearest to The Scotts Tower, being a 5 minute walk away. It is on the Downtown and North South Lines. Orchard is just one stop away from there with the botanic gardens and Raffles Place two and five stops away respectively. Orchard MRT Station itself is also walkable, being approximately 10 minutes away by foot. The CTE and PIE are both within easy reach of The Scotts Tower, as are several arterial roads such as Bukit Timah Road.There are numerous dining options in the immediate vicinity from the very high end establishments in the gazetted villas of the area to the highly commended Newton food court.The Scotts Tower - Amenities & AttractionsDining near The Scotts Tower:IndocafeSong of IndiaSkyveAlma by Juan AmadorLi BaiNewton Food CentreShopping near The Scotts Tower:Far East PlazaPacific PlazaCity Square mallOrchard RoadSchools and Education near The Scotts Tower:Anglo Chinese Junior and Primary SchoolsRaffles Girls Secondary SchoolThe Scotts Tower - Project informationBordering Scotts Road and Cairnhill Road, The Scotts Tower is a residential development housed in a single 31 storey tower. Its 231 units are made up of 1, 2, 3 and 4 bed apartments, but the emphasis is on the large SOHO style 1 beds, that are very spacious. Facility wise, The Scotts Tower has a 50 metre lap pool, children’s pool, hydrotherapy and recreation pool, Jacuzzi, a massage pavilion, BBQ deck, gym and yoga Deck, outdoor fitness area and a sky bar and lounge.Project Name: The Scotts Tower (TST)Address: 38 Scotts Road, 228240Type: SoHoSite area: approx. 65,657 sqftTenure: 103-year leaseholdDistrict: 09Configuration: 231 units in a single tower of 31-storeysUnit types:128 x 1-bedroom (624, 646, 657 sqft)80 x 2-bedrooms (807, 850, 904 sqft)20 x 3-bedrooms (1,227, 1,389 sqft)3 x 4-bedrooms (2,174 – 2,357 sqft)Parking lots: 243Estimated TOP: Dec 2016The Scotts Tower - Historical DataAs of April 2016, all but 89 of the 231 units had been sold. Most of those transactions occurred in the $2.1M to $2.5M range, with the others being fairly evenly spread across the $1.8M - $2M, $2.6M - $3M and $3 M and above ranges. The 1 bedroom units at The Scotts Tower started at an average price of $1.9M, with the highest transaction thus far being at around the $5M mark for a 3 bed property. Up until that time, no sales of the 4 bed units had been recorded. According to the URA, the majority of buyers were foreigners.With regards to the median prices for those transactions, they were $3,347, $3,611 and $3,652 for the 1, 2 and 3 bed units respectively.The Scotts Tower - Related ProjectsThe following projects are by the same developer as The Scotts Tower:Greenwood MewsAlanaRivertrees ResidencesThe SeawindBijouThe Scotts Tower - Nearby ProjectsThe following developments are in the same neighbourhood as The Scotts Tower:Trendale TowerCairnhill MansionsScotts 28