Stirling Residences @ Stirling Road
The latest news on the inclusion of a brand-new condo development in Queenstown, has been filled with excitement from the industry market watchers recently. Stirling Residences will certainly bring forth a brand-new living experience to the neighbourhood residents while introducing a great vibrant energy into the once forgotten “ageing community”.
It has been years since new condo projects that have come so close to the prominent Alexandra Commercial clusters as well. These and many other attractive attributes will be waiting for the new residents to explore. Read on to discover more about this thrilling condo development and the residential enclave locale it offers to potential home seekers.
|Project Name:||Stirling Residences|
|Developer:||Nanshan Group & Logan Property Holdings|
|Type of Development:||Private Residential|
|Street Address:||Stirling Road, Singapore|
|Land Area:||21,109.5 m2|
|Max. Gross Floor Area:||88,660 m2|
|Gross Plot Ratio:||4.2|
|No. of Towers:||3 High-Rise Building (38 & 40 storey)|
|No. of units:||1259 + 1 Childcare Centre|
|Bedroom Allocation:||One to Four Bedroom & Penthouses|
|Expected T.O.P:||30 Apr 2022|
It all began from a very plum land parcel at Stirling Road, the last and only plot of land in the entire area meant for private housing from the Government Land Sales (GLS) programme. It was first made available on the Reserve list in 2010 but was only launched for sale by public tender in early 2017.
However, despite the long-awaited period, it attracted a top bid of more than $1 billion, the first time in history for GLS to achieve this price point for a pure residential site at that very moment. There was a total of 13 bidders coming from major real estate players and large consortium, with $11 billion worth of private investment funds chasing after this plum and attractive land parcel during the open tender process.
The site, where Stirling Residences will be developed on, is about 230,000 square foot of land. It has a gross plot ratio of mighty 4.2, working out to a maximum gross floor area of almost 1 million in square foot size and by having such an expansive area to work with for the developer, there will be more than a thousand units for potential home seekers to choose from, on the launch date.
The winning bid of $1.003 billion was entered successfully by a joint venture between Nanshan Group and Logan Property (a listed company on the main board of Hong Kong Stock Exchange). Based on calculation, it translates to $1,050 psf (ppr) from the gross floor area and expected selling price would be in the range of above $800,000 going forward.
About Stirling Residences
Some of you may have clean forgotten about this area when the limelight was on the newer Dawson estate in recent years when the government was going all out in developing the nearby area with many public housing flats. We are situated along Stirling Road and Angora Close where the landed property enclave is. In a matured residential estate, within a centralised locale and conveniently positioned just minutes-walk away from the Queenstown MRT Station.
With more than a thousand households in the entire development, the broad different unit layout, of one to four-bedroom floor plan configurations will certainly appeal to all potential home seekers across the board. Regardless of you buying it for long term rental investment or for your own living abode with your loved ones in this beautiful condo development.
Stirling Residences will be developed on an elevated plot of land, standing prominently while rising above the solid street level. Offering both residents and friends a view towards Mount Faber Park, Sentosa Sea view as well as the City Centre from the higher floors. It will be one of the iconic landmark in the Stirling road precinct when it is completed and ready for occupation.
Will you be one of the proud and lucky homeowner of this beautiful development?
Why Stirling Residences?
On top of having the full condo facilities within your residence, it is also strategically positioned in a well-defined boundary where it cuts off the noise pollution coming from the railway tracks as well as the main arterial road of Commonwealth Avenue and Alexandra Road. Yet, without sacrificing the convenient locale it offers to the home owners.
First and foremost, and one of the most critical living condition before making any final commitment will be the train station, it is situated only a few blocks away to Queenstown MRT where it will take you to Tanjong Pagar (CBD) in less than 10 minutes of traveling time. It will be beneficial for all non-driving residents greatly by allowing them to commute easily and seamlessly without any transit.
Apart from the main transport system within easy reach, we’re also sitting behind The Anchorage, where Anchorpoint Shopping Centre is. In addition to this boutique outlet mall from the Frasers Centrepoint, IKEA Alexandra, Park Hotel with Alexandra Central, Alexandra Village Food Centre and Queensway Shopping Centre is just opposite to one another in a cross junction.
All your necessities or daily needs, including weekly grocery shopping will be easily taken care of from the several establishments located here. If you’re having a hard day at work and would prefer something simple, you can simply walk across the street and into Mei Ling Market & Food Centre for some famous and local food therapy. Isn’t this the best of both worlds for you and your family?
How do I Proceed?
Stirling Residences were launched in July 2018 and if you’re keen to arrange an appointment for the showflat viewing or to receive an update on the official price guide prior to the sales gallery tour, please register your interest online by indicating your preference in advance before we proceed further for your convenience. Thank you!