8 Saint Thomas Condominium in Singapore
Singapore is by far one of the most attractive places to live in the world. It is so well-developed that it has the 3rd highest GDP per capita and has the excellent education, healthcare, and transportation. On top of it all, Singapore is also a very popular tourist destination and for a good reason. There are breathtaking structures to be seen and right now we will take a look into one of the more ambitious construction projects the city has seen.
We are talking about 8 St Thomas Condominium which is a freehold estate in one of the most lucrative areas of Singapore – District 09. The Artist impression of the property is simply breathtaking, and there is little doubt that this structure will be exceptionally attractive to investors and wealthy homeowners. This area once had 2 sites formerly known as Airview Towers and Chez Bright Apartment. The new flashy project won’t have anything to with them when it comes to design and architecture. It features two similar to one another buildings. One with 35 storeys and the other with 36. The gross floor area is 18, 102 square meters. The bid required to win the tender was $202. 17 million. This investment while enormous is also pretty typical of a city such as Singapore.
After we have gotten familiar with the project itself and have seen how impressive it is, we should perhaps share a few highlights on the developer – Bukit Sembawang Estates Ltd. They have been in business since 1911 but went public in 1968. The company has been involved in the construction and development of over 500 properties across Singapore. They have been awarded on numerous occasions, and their reputation should be taken into account by buyers. In fact, some other high-end properties in the same area are also owned and built by Bukit Sembawang Estates Ltd. Such a complex is the Vermont on Cairnhill which again is a freehold condominium. Down the street, you can see Scotts Square which is an impressive structure with its 43 stories.
The surrounding area is simply marvelous and has so many amenities to offer. Orchard Road is surely the most buzzing area in the city, full of expensive hotels and stores. This shopping area really makes life easy for all residents and homeowners stationed nearby. We should mention Forum The Shopping Mall, Ion Orchard, Tanglin Shopping Centre and Wisma Atria among some of the top places to visit.
If you are the next big real estate shark looking for a profitable investment, then you should probably consider 8 St Thomas Condominium as a potential target.