D’Leedon Condo :: Details
Developer:
Morganite Pte Ltd: JV led by CapitaLand (35%) with Hotel Properties (22.5%), Morgan Stanley Real Estate Special Situations Fund III (22.5%) & Wachovia Development Corporation (20%)
Location: Leedon Heights / King’s Road / Farrer Road
Address: Leedon Heights
Site Area: 78,042 sqm (approx. 840,049 sqft)
Plot Ratio: 2.8
Tenure: 99 years wef from 8 April 2010
Lead Architect: Zaha Hadid Architects (ZHA)
Local Architect: RSP Architects, Planners & Engineers Pte (Ltd)
Main Contractor: Woh Hup Pte Ltd
Expected TOP | Vacant Possession: 31 December 2015
Expected Legal Completion: 31 December 2018
Payment Scheme: Normal Progressive Payment
Status: Condominium (foreigners eligible)
Site Layout: 7 residential blocks
Building Height: 36 storeys (150m high)
No. of Units: 1,715 units (including 32 penthouses & 12 semi-detached houses)
Carpark: 2 Levels of Basement Car Park
Developer’s Track Record:
The members of this consortium have a huge portfolio that include Aspen Heights, Tanglin Residences, Holland Green, The Botanic on Lloyd, Interlace, Latitude, Urban Suites, Seafront on Meyer, Nassim Jade, Scotts 28, Four Season Park, and Cuscaden Residences.
In the years since D’Leedon was built, Capitaland has embarked on a number of other projects as well. Among the more notable ones are J’den residences, and Canninghill Piers. Both are high profile projects, and both are actually mixed developments directly linked to MRT stations.
J’den residences is the redevelopment of JCube, the mall at Jurong Gateway, that links to Jurong East MRT station. While Canninghill Piers is the redevelopment of the old Liang Court at Clarke Quay, off River Valley.
The J’den condo will be a smaller development that Canninghill Piers, with around half the size of residential units. But it is still a significant project, given its position at the heart of the upcoming Jurong Lake District, slated to the second CBD of Singapore.
However this does mean that J’den price expectations are likely to be lower than those for Canninghill Piers, as it is still outside the core central region.
Capitaland’s VIP Preview and soft launch for the project is expected to be around the end of 2023. Hence the J’den price list is still not finalised or available yet.
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Kent Ridge Hill Residences . Launching in 3rd Quarter of 2018
Kent Ridge Hill Residences is a new upcoming condominium in the Kent Ridge Hill area, around the same general location as D’Leedon. In fact both of them are on the same Circle Line, within 6 stops of each other. D’Leedon is at Farrer Road MRT station, while Kent Ridge Hill Residences is around 8 minutes walk to Pasir Panjang MRT station.
Both projects are almost equal distance from the Buona Vista area, where the research and business parks, and institutes of higher learning have congregated. Hence it is expected that much of the buyer profile will be the same, with many working around the vicinity.
In other aspects however, D’Leedon is very different from Kent Ridge Hill Residences. For one thing, the former is the posh District 10 area, close to Orchard Road. It is also a very large site, with seven towering blocks that are 36 storeys high (easily the tallest in the neighbourhood), and totalling over 1700 units.
Whereas the Kent Ridge Hill showflat is a low-rise project of no more than 5 storeys high. It sits in a low-rise landed area, located against the backdrop of the lush greenery of Kent Ridge Park immediately behind the site, rising above it. It is less than one-third the size of D’Leedon, numbering 548 units comprised of 498 apartment units and 50 strata landed houses.
The apartments at Kent Ridge Hill Residences will range from one to three bedroom units, to 4 and 5 bedroom penthouses, apart from the strata houses. They will come with a full complement of fixtures, especially in the kitchens and bathrooms. The bedrooms will, as usual, be provided with a wardrobe and air-conditioning system.
The Kent Ridge Hill condo brochure is available, and very nice it is too. Similarly, the Kent Ridge Hill showflat, located beside the site itself, is expected to open for viewing appointments only around middle to end of October 2018.