Sloane Residences is an upcoming freehold apartment by a joint venture between TSky Balmoral Pte Ltd, Progen Group and Seacare Property Development Pte Ltd. Located along Balmoral Road at District 10, Sloane Residences is a redevelopment of the prior Sloane Court Hotel. It's expected to have 52 units over 62,309 sq.ft of gross floor area and 38,943 sq.ft of land size area. The date of TOP is anticipated to be in December 2021.
Situated along Balmoral Road, Sloane Residences is placed at the historically rich Balmoral residential enclave. With a wide-range of amenities and accessible conveniences nearby, such as public transportation, educational institutions, shopping malls, medical centres, coffeehouses and restaurants, this solidifies Sloane Residences as an enviable property for individuals, families, local and foreign investors.
The price tag for the luxurious and exclusive lifestyle Sloane Residences promises is surprisingly reasonable for a freehold, low-density development at a highly-valued address. Close to Sloane Residences is Orchard Road, the luxury retail epicenter of Singapore which consistently attracts global corporations and foreign investors due to Singapore's rapidly growing economy and land scarcity. This amplifies the demand for properties in the vicinity, steadily pushing their price over the years.
The team behind this development is TSky Balmoral Pte Ltd, a joint venture between Tiong Seng Holdings and Ocean Sky International. Despite only being the maiden project from this developer, Sloane Residences has already garnered multiple awards including Best High Rise Condo Architectural Design and Best Condo Landscape Architectural Design.
WHAT MAKES SLOANE RESIDENCES AN IDEAL HOME?
Located at the prime District 10, Sloane Residences is situated at the Core Central Region (CCR), the most coveted of all regions in Singapore. Here, you can find the country's most luxuriously lucrative properties and estates, making Sloane Residences one of Singapore's most sought-after residential developments.
Sloane Residences is the ideal permanent home for families and urbanites as there are limitless amenities and conveniences right at your doorstep. With renowned schools offering top quality education for your children, malls made for the pleasure of shopping and entertainment, medical centres in case of serious emergencies, and coffeehouses and restaurants for leisurely pursuits, you will find that Sloane Residences heeds your every need.
SLOANE RESIDENCES HAS GREAT ACCESSIBILITY AND CONNECTIVITY
For MRT riders, Newton MRT is a 10-minute walk on foot while Stevens MRT is a 17-minute walk away from the transit connecting the Downtown Line and the North-South Line. The effortless connectivity allows for an easy commute for students and workers to the CCR.
For bus riders, Balmoral Plaza bus stop, Aft Draycott Pk bus stop, Aft Balmoral Rd bus stop, Chelsea Gardens Condo bus stop and City Towers bus station are within 5 minutes' walking range allowing easy accessibility around the island.
The development is also in proximity to major roads, such as Bukit Timah Road, Stevens Road, Orchard Road, and highways, such as Central Expressway (CTE) linking residents to the city centre and Pan Island Expressway (PIE) which links residents to Tuas in the west and Changi Airport in the east.
SLOANE RESIDENCES IS NEAR TO TOP SCHOOLS AND LEARNING INSTITUTIONS
The development is situated close to the Bukit Timah Education Belt, known for its community of international and prestigious educational institutions due to the large number of expatriates living in the area. Parents can rest in confidence knowing their children are receiving top-tier quality education, not to mention the many bus stops nearby schools allow for a quick and safe commute to school.
1. St. James Church Kindergarten (Gilstead Campus) (1km)
2. Camberley Pre-School (Balmoral Plaza) (80m)
3. Raffles House Preschool (Gold Hill) (850m)
4. Singapore Chinese Girls' Primary School (1.2km)
5. Anglo-Chinese School (Primary) (700m)
6. Anglo Chinese School (Secondary) (700m)
Other reputable schools available via Downtown Line are Nanyang Primary School, Hwa Chong Institution, St. Joseph's Institution, Methodist Girls' School, Ngee Ann Polytechnic, La Salle College of the Arts, Nanyang Academy of Fine Arts.
SLOANE RESIDENCES HAS PLENTY OF SHOPPING MALLS
Residents of Sloane Residences will be spoilt for choice as shopping malls are accessible by a short walking distance. For those who prefer commuting to these shopping malls, the connectivity is made easy by the Newton MRT station.
1. Orchard Road Shopping Belt
The iconic Orchard Road Shopping Belt is known internationally for its strip of malls, making them a paradise for big spenders. It's accessible through the Newton MRT Station via North-South Line. The shopping malls that populate the stretch include Orchard Ion, 313@Somerset, Plaza Singapura, Paragon, Palais Renaissance, and more.
2. Balmoral Plaza
Just a 6-minutes walk away is Balmoral Plaza, a wallet-friendly shopping mall that hosts retail shops, food outlets and 24/7 convenience stores. It's the perfect fuss-free shopping mall where all your essential necessities are met at an affordable price tag.
3. Velocity @ Novena Square
Dubbed as a sports hub, Velocity is known for housing a wide-range of sports facilities. It also carries convenience stores, retail stores, cafes and restaurants. Located only 5-minutes' short driving distance, it's a perfect spot for sporty residents who want more diverse workout options.
4. United Square
Through Newton MRT Station along the North-South Line, United Square is known as an education-focused shopping mall filled with children's enrichment centres. Besides that, it contains a variety of stores from supermarkets, leisure entertainment to beauty, health and wellness establishments.
5. Cold Storage
Cold Storage is known for its fresh produce and eclectic grocery labels and products from around the world. A convenient option for families to pick up their groceries without the stress of sitting through traffic since it's just an MRT station away from Sloane Residences.
SLOANE RESIDENCES HAS A LOT OF LEISURE OPTIONS
Sitting between Stevens and Newton MRT station, Sloane Residences residents will find excellent accessibility to popular natural attractions and leisurely activities to do with their friends and family nearby.
1. Singapore Botanic Gardens
The only tropical garden in the world to receive the title of "UNESCO World Heritage Site", Singapore Botanical Gardens is just a ride away through Stevens MRT Station.
2. Merlion Park
Known affectionately as one of Singapore's most important landmarks, the iconic Merlion statue is a feast for the eyes and only a quick 12-minutes drive from the Sloane Residences.
3. Fort Canning Park
Situated close to Fort Canning MRT Station, park-goers will be treated to beautiful gardens, historical artifacts, and a wide selection of activities to do with friends and family.
4. Singapore Flyer
Dubbed as Asia's largest observation wheel, Singapore Flyer offers a majestic view of the Singapore skyline, making this an ideal trip for families with just a 11-minute short driving distance.
5. Tanglin Community Club
Only a 5-minutes drive away from Sloane Residences, Tanglin Community Club offers diverse activities, such as courses, sports courts and events suitable for members of all ages.
6. Gardens By The Bay
Gardens By The Bay, Singapore's most famous attraction is just 13 minutes away. With endless choices of gardens, restaurants and facilities to use, exploring this tropical wonder is a must-do with friends and family.
Singapore's historic Chinatown is a mixture of food courts, souvenir shops and trendy boutiques. This bustling area is located close to the Chinatown MRT Station.
SLOANE RESIDENCES IS CLOSE TO SEVERAL FOOD OUTLETS
In terms of food, residents of Sloane Residences will experience no shortages of delicious international and local cuisine from the surrounding area ranging from high-end to budget-friendly prices. It is a paradise for foodies who are keen on exploring and breaking new culinary ground and residents who want the convenience of a quick munch.
Nearby food centres include Newton Food Centre, a 5-minute drive away from the development. The food court offers many reasonably-priced meals and hawker stalls specializing in local food. Aside from that, Pek Kio Market & Food Centre is another great food court with reasonable pricing. With a bustling array of hawker stalls serving delectable local delicacies, the food court is also known for housing "Pin Wei Hong Kong Style Chee Cheong Fun", a Michelin recommended meal. Besides that, Zion Riverside Food Centre is only an 11-minutes drive away offering a wide-range of local meals which are budget-friendly.
For residents who love mixing recreational leisure and great food, Adam Road Food Centre is the place to be. Just across the street from the Singapore Botanical Garden, the food court serves multicultural cuisines and is known as one of Singapore's top food courts. Besides that, Chinatown Complex Food Centre is the largest hawker in Singapore hosting local Asian street food. It's also known for Hawker Chan, a one-star Michelin famous for its "Soy Sauce Chicken Noodles".
As for residents who are looking for high-end, fine dining and gourmet experiences, look no further than Orchard Road. With plenty of coffeehouses, restaurants and bars offering exquisite culinary experiences, residents will be left with their taste palettes satisfied.
SLOANE RESIDENCES IS A FREEHOLD PROPERTY
Freehold development projects have plenty of advantages for both own-stay buyers and investors, making them incredibly sought-after assets.
Freehold Properties are Valuable
In recent years, the government doesn’t sell freehold land, which means freehold properties, like Sloane Residences, will become rarer in the future. Besides that, Sloane Residences is very close to a couple of MRT stations, which is highly uncommon among all apartments and condominiums in Singapore.
In terms of the public’s perception, freehold properties are often desirable because buyers can own them for an indefinite amount of time. That leads the public to see them as a means of wealth preservation. Even if the government collects the property for redevelopment, they will still be compensated at market price, making them a safe investment.
Freehold Properties have more Privacy
Freehold land parcels are usually smaller in size compared to leasehold developments. Due to this, freehold projects tend to have fewer units, as can be seen with Sloane Residences 52 residential units. This allows for more privacy and exclusivity in comparison to leasehold projects.
SLOANE RESIDENCES DEVELOPER BACKGROUND
TSky Development is a powerhouse joint venture between industry veterans Tiong Seng Holdings and Ocean Sky International. Integrating Tiong Seng Holding’s decades-long experience in building construction and civil engineering, as well as Ocean Sky International’s expertise in the construction, engineering and property business, TSky Development is set to be a major competitor in Singapore’s dynamic development sector.
TSky Development is also an advocate for innovation. By utilizing the latest and newest technology, they conceptually combine form and function, as well as systematic and well-designed spaces into the development of their properties while keeping in mind the contemporary lifestyle preferences of its cultivated homebuyers.
Another of TSky Development’s ongoing development includes Cairnhill 16 located in District 9 which is expected to launch in the second quarter of 2021.
The development has received multiple awards for their maiden freehold development, Sloane Residences. They were awarded Best Boutique Condo Architectural Design (Singapore), Best Boutique Condo Development (Low Density) (Singapore), Best Boutique Landscape Architectural Design (Singapore), and Best Boutique Condo Interior Design (Singapore) during the prestigious PropertyGuru Asia Property Awards.
Progen Group is an industry veteran with four decades of experience in the specialized areas of design, supply, installation, maintenance of air-conditioning and mechanical ventilation systems. Progen Group operates within three divisions. Firstly, the installation and products division is involved in trading and contracting of engineering works, cooling towers, air-conditioning and mechanical ventilation systems. Secondly, the services and maintenance division is involved in providing maintenance and repair of air conditioners, cooling towers and other cooling equipment. Thirdly, the rental division is involved in leasing of factory and office spaces. With the breadth of experience and proficient capabilities, Progen Group has expanded their subsidiary to Malaysia solidifying their authoritative presence in Singapore’s market.
Seacare Property Development Pte Ltd is an asset investment branch of the Seacare Group concentrating in the real estate market both locally in Singapore and internationally. They engage in the development and property segment of Seacare Group through owning land and real estate held for development and investment properties. Seacare Property Development Pte Ltd is also dedicated to preserving long-term partnerships with their tactical partners, utilizing their technical experience and corporate capacities. With a substantial network of partners, Seacare Group establishes possibilities through property investments and development projects with an extensive portfolio of 16 properties covering 13 cities and three countries. With a reliable proven-track record, Seacare Property Development Pte Ltd is the top choice when it comes to prospective investment in Singapore and beyond.
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