Noted as the biggest land sale acquisition in 2017 for a record of slightly more than S$1 billion, the joint-venture between Hong Kong’s Logan Property and China’s Nanshan Group is set to unveil Stirling Residences – the largest private residential development in Queenstown to-date.
It is not just a mega private condominium project, but it is also one of the last government land parcels available for sale in District 3. However, if you’ve been on the lookout for new private homes in the area, you are probably overwhelmed by all the choices around which stretches all the way from Queenstown to the Redhill precinct.
So let’s dive in and see how does this Stirling Road new condo stand out from the rest. Is Stirling Residences really a good buy?
Stirling Residences Developer
With more than 20 years of experience focusing on residential property development in southern China, mainly in Guangdong, Hong Kong, and Macau, Logan Property Holdings is a listed firm on the Hong Kong Stock Exchange (since 2013) and possesses Grade-A qualifications in areas such as property development, construction, and engineering design.
In 2017, the organization has also joined the ranks of Fortune China’s Top 500 Enterprises and was even ranked in 26th out of the 100 top real estate developers in China. This a great testament to the group’s expertise and commitment to providing quality homes.
Under its belt, Logan Property has already developed more than 150 residential projects housing more than 600,000 homeowners.
The group only began to expand its business to markets overseas in 2017 and their expansion includes places like Hong Kong and Singapore. Stirling Residences will be Logan Property’s first venture into Singapore’s property market.
As for Nanshan Group, the joint-partner for the development of Stirling Residences, it has been very active in the nation’s real estate scene and has taken part in 8 out of 11 land tenders.
Its biggest accolade so far would be the development of Thomson Impressions condo in 2016. In addition, the group was also involved in other commercial projects in Singapore such as Tai Seng Centre, Mercure Bugis, and Park Regis.
Stirling Residences Location
Stirling Residences is located along Stirling Road within the Queenstown estate – in District 3 of Singapore. The estate was one of the first “new towns” being built in the country’s history and possess a rich heritage in Singapore’s real estate scene.
As convenience is usually the top criteria for most home buyers out there, the condominium is situated within close proximity to Queenstown MRT station. This will provide convenience to residents at Stirling Residences for them to travel to different part of the island and yet having to endure painful noises generated from the train tracks.
For drivers, Stirling Residences is well-connected to key locations such as the Marina Bay Financial District, the Central Business District (CBD) and the Orchard Road shopping belt via major roads and expressways, such as the Ayer Rajah Expressway (AYE), Alexandra Road and Tanglin Road; all destinations are within a mere 10 to 15-minute drive away.
In addition, this new launch condo at Queenstown is also close to various top educational institutions. such as Gan Eng Seng Primary School, Crescent Girls’ School, and the Global Indian International School; major retail malls which include the likes of IKEA Alexandra, Anchorpoint Shopping Centre, and Queensway Shopping Centre.
Stirling Residences Condo Facilities
Unlike any of the neighbouring condos in Queenstown, Stirling Residences will feature an abundance of condo facilities – 80 different selections in total.
It consists of a 50-meter infinity lap pool. a state-of-the-art gymnasium, putting green for golf enthusiasts, tennis court, outdoor dining and massage pavilions. In addition, there is also a kids’ club plus a playground for the young ones to interact and play around. Also, head to the cozy 30-meter pool and the Aqua Gym if you require some quiet time away from the bustling activities within the compound.
In terms of landscaping, Stirling Residences is being designed with the nature-living concept, offering residents the opportunity to indulge and relax within not one but three stunning sanctuaries with different forest themes. They will house a total of 16 conservation trees which will contribute to an elegant atmosphere — one that you can truly call home.
It’s like living in a green oasis which helps to rejuvenate the soul and after a day of hard work, nothing beats kicking up your feet and just relax away in greenery embedded with a serene floral waterscape.
Stirling Residences Floor Plan and Unit Types
Stirling Residences comprises of two 40-storey and one 38-storey residential towers across a total land area of 228,089 square feet, housing 1,259 residential units overall. The expected TOP date for Stirling Residences is 30 April 2022.
One of the key architecture highlights for Stirling Residences is that the 3 residential towers are being built in a staggered manner which none of them will be blocking each other. Thus, residents on the higher will be able to experience an unblocked panoramic view of the surroundings and in other words, the resident will get to enjoy absolute privacy. For practical reasons, the apartments will likely to be well-ventilated as they are generally positioned in the north-south direction.
The Stirling Residences floor plan and unit types available are as follows:
- 1-Bedroom at 441 square feet
- 1-Bedroom + Study from 506 to 710 square feet
- 2-Bedroom from 624 to 872 square feet
- 2-Bedroom Premium from 678 to 904 square feet
- 2-Bedroom + Study from 764 to 980 square feet
- 3-Bedroom from 883 to 1,130 square feet
- 3-Bedroom + Utility from 980 to 1,281 square feet
- 3-Bedroom Premium at 1,055 square feet
- 4-Bedroom at 1,346 square feet
- 4-Bedroom Penthouse from 1,959 to 1,970 square feet
Stirling Residences Price Guide
The following is the Stirling Residences price guide as of 12 August 2018. For further updates and confirmation on the latest pricing & discounts, do give us a call at (+65) 6631-8384 or drop us a note using the form below.
|Unit Type||Estimated Price|
|1-Bedroom + Study||$924,000|
|2-Bedroom + Study||$1.242m|
|3-Bedroom + Utility||$1.610m|
Stirling Residences Showflat
The Stirling Residences showflat is located on the actual site of the development, however, the actual opening hours have not been made known to us.
So in order not to make a wasted trip down, do reach out to us if you are keen to view and we will link you up with the property developer.
Stirling Residences Review
When the 2.11-ha Stirling Road site was sold to Logan Property and Nanshan Group for over $1 billion back in May 2017 via the government land sales (GLS) programme – which was then a record-breaking bid, the property market has been eagerly anticipating what these 2 reputable developers can come up with.
So here we have it – Stirling Residences. It is by far the biggest private residential development in the entire Queenstown estate and definitely iconic enough to be considered as one of the landmark properties in the area.
It’s like how some other developments became clear representations of the precincts which they are in over time, such as Reflections at Keppel Bay, The Sail at Marina Bay, J Gateway at Jurong, City Square Residences at Farrer Park or even Rivergate at Robertson Quay. And most of the time, these developments do command a slight premium over some of their closest neighbours.
At the point of our honest Stirling Residences review, the project has managed to offload a total of 446 out of 1,259 units since launch, at an average per square foot (psf) price of $1,763.
Honestly, it’s really not too shabby considering the fact that all these transactions took place right after the latest property cooling measures were announced (which took effect on 06 July 2018).
For reference sake, here are the 10 latest transactions to-date (from EdgeProp):
|DATE||ADDRESS||AREA (SQ FT)||PSF PRICE (S$)||PRICE (S$)|
|7-Oct-18||21 STIRLING ROAD #04-xx||1,055||1,621||1,710,000|
|7-Oct-18||21 STIRLING ROAD #35-xx||764||1,844||1,409,000|
|6-Oct-18||21 STIRLING ROAD #27-xx||624||1,856||1,159,000|
|6-Oct-18||25 STIRLING ROAD #03-xx||1,055||1,539||1,623,000|
|6-Oct-18||25 STIRLING ROAD #06-xx||764||1,625||1,242,000|
|6-Oct-18||25 STIRLING ROAD #26-xx||764||1,715||1,310,760|
|6-Oct-18||25 STIRLING ROAD #21-xx||764||1,708||1,305,000|
|5-Oct-18||21 STIRLING ROAD #22-xx||1,346||1,748||2,352,000|
|5-Oct-18||25 STIRLING ROAD #11-xx||764||1,651||1,262,000|
|5-Oct-18||25 STIRLING ROAD #12-xx||506||1,801||911,000|
So the question is – if you are considering your choices within the Queenstown estate, what are your choices for projects which are still under construction and how do they line up against Stirling Residences in terms of price (based on transactions during the last 6 months)?
|PROJECT NAME||COMPLETION||TENURE||AVERAGE PSF PRICE (S$)|
As you can see, Stirling Residences ain’t as pricey or being priced even higher than its neighbours like what most people would think. In fact, the developers have priced this new Queenstown condo at a very attractive rate.
Stirling Residences versus Queens Peak
Of course, some may argue that Queens Peak is more value-for-money as it is closer to the Queenstown MRT station. But then again, it really depends on one’s needs and requirements in a private property. Do note that some of those iconic landmark properties I have mentioned earlier are not even near a train station, thus it doesn’t really determine the future value of a property.
Because what Stirling Residences can offer to prospects is the scale and the lavishness of living in a private condominium. Some homeowners just treasure lifestyle more than convenience. Anyway, the condominium is just around 240 metres away from Queenstown MRT station – which will take you less than 5 minutes to walk there.
Stirling Residences versus Margaret Ville
When comparing Stirling Residences and Margaret Ville, it would be deciding on the lifestyle you’re looking for instead of convenience. At Margaret Ville, it’s the lower density living and exclusivity that really stands out from the rest of the condominium projects.
Personally, one of the top criteria to own a private property is that it has to PRIVATE. And that’s something I don’t really see at the 1,259-unit Stirling Residences compared to the 309-unit Margaret Ville. But if you are a social butterfly and someone who loves the abundance of facilities (kids will certainly appreciate these), then Stirling Residences is really a no-brainer choice.
Without a doubt, Stirling Residences does cover most of the aspects of what a true condominium in Singapore should be. The location of the condo is just excellent, the offerings within are simply marvelous and there’s really nothing to complain about the price. It really boils down to your personal needs and preference.
Being backed by the wealth of experience by 2 renowned property developers and well-located in the city fringe region of Singapore, Stirling Residences will certainly be a masterpiece in the making and home buyers should be giving it some serious thoughts.