The Reserve Residences integrated transport hub starts from $2,300 psf
It will be the only mixed-use residential and commercial project with a transport hub in 2023.
Far East Organisation and Sino Group, joint venture partners, will preview The Reserve Residences located at Jalan Anak Bukit on 12 May 2023, with its official launch 2 weeks later on the 27th of May.
Shaw Lay See, the Chief Operating Officer of Far East Organization’s sales & leasing group, highlighted that the upcoming mixed-use integrated development in Bukit Timah, which includes a transport hub, will carry a premium compared to neighbouring developments in District 21.
Shaw has also shed light on the pricing strategy for The Reserve Residences.
The indicative pricing is set at an average of $2,300 per square foot (PSF), which is deemed competitive for a development of this calibre and prime location.
She emphasized the company’s intention to offer competitive pricing in line with market trends while ensuring value for homebuyers and investors.
The Reserve Residences is located within the Bukit Timah precinct, noted for its elite residential status, beautiful vegetation, prestigious schools, and proximity to nature reserves.
The project’s ideal location provides homeowners with easy access to various attractions, such as top educational institutions, shopping centres, F&B options, and recreational facilities.
The mixed-use development will include a transportation hub, with direct underground access to Beauty World MRT Station and a new air-conditioned indoor bus interchange on the 2nd level of the future 3-storey mall Bukit V.
The integration of a transport hub within a residential development is a relatively novel concept in Singapore.
The Reserve Residences aims to offer residents easy access to various transportation options, including buses, Beauty World MRT station, and bicycle parking facilities.
This connectivity is expected to significantly enhance the appeal and value of the development, making it an attractive choice for potential buyers and investors.
This new launch next to Beauty World MRT station comprises 8 residential blocks with 732 residential units and 160 serviced apartments.
In August 2021, Far East Organization and Sino Group secured the highly anticipated site of The Reserve Residences at Jalan Anak Bukit through a successful bid of $1.03 billion.
This joint venture aims to create a vibrant mixed-use development, building on the success of previous projects by these renowned developers.