Artist’s impression of Stirling Residences, an upcoming residential project in Queenstown.
Following a record bid last year of just over $1 billion, Hong Kong’s Logan Property and China’s Nanshan Group will now open the showflat of their Stirling Residences mega project in Queenstown for preview this Saturday (30 June).
Comprising three 38- to 40-storey blocks, the 99-year leasehold project features 1,259 one- to four-bedroom apartments. Their sizes range from 441 sq ft for a one-bedder to 1,346 sq ft for a four-bedder. There are also six four-bedroom penthouses measuring between 1,959 sq ft and 1,970 sq ft.
More: Foreign Developers Jointly Bid Over $1 Billion For Queenstown Site
Indicative prices start from $848,000 for a one-bedder.
Located along Stirling Road in District 3, the project is close to Queenstown MRT station and several malls including Queensway Shopping Centre and Tiong Bahru Plaza. Nearby schools include Crescent Girls’ School, Gan Eng Seng Primary School and the Global Indian International School.
Featuring 80 facilities, the development is dotted with pavilions, swimming pools and lawns.
“The scarcity of new high-rise projects in District 3 makes Stirling Residences a valued investment. This development is great for buyers who want to be near important amenities without being in the clutter,” said CB Chng, executive director at Logan Property Singapore.
“Its excellent location puts a host of readily available amenities at the fingertips of residents. The Pan Island Expressway and Ayer Rajah Expressway are also nearby, which provides enhanced connectivity to other parts of the city.”
The 2.11ha site was awarded to Logan Property and Nanshan Group in May last year, after the consortium submitted the highest bid of over $1 billion.
The site was originally on the reserve list of the Government Land Sales programme, but was triggered for sale when an unnamed developer committed to a minimum bid of $685.25 million.
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Romesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
