Sky Habitat at Bishan Singapore goes on sale on April 14

Sky Habitat at BishanSingapore goes on sale on April 14

SINGAPORE: When CapitaLand’s designer condominium project, Sky Habitat, goes on sale on April 14, it may set a new record for the prices of residential units located in suburban areas.

Ahead of the condominium’s launch, some market watchers estimated that a unit at Sky Habitat could sell for between S$1,700 and S$1,800 per square foot.

CapitaLand was tight-lipped about prices of the units and it says they will be available closer to the launch date.

The 509-unit Sky Habitat is designed by renowned architect Moshe Safdie – a premium that is likely to be reflected in its pricing.

CapitaLand paid S$550 million for the condominium’s site at Bishan Street 15 through a government land sales tender in February 2011, which some property analysts say was a hefty sum for the time.

Sky Habitat at Bishan Singapore goes on sale on April 14

The developer believes the strong sales momentum seen in the first quarter will continue.

“We always believed that the residential market is a function of many factors, the key one being global sentiment,” CEO of CapitaLand Residential Singapore Wong Heang Fine said.

“Interest rates are still very low, the job market is still very good, so naturally there would be a response from buyers,” he added.

Subject: Condominium could set new record for suburban home prices
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Sky Habitat to set price record for suburban condo

SINGAPORE – CapitaLand is about to set another record in property prices with the launch of its Sky Habitat condominium in Bishan Street 15.

While Singapore’s biggest listed developer said yesterday it would only announce the selling price of Sky Habitat a few days before the units go on sale on April 14, property agents MediaCorp spoke to were bandying about figures of S$1,700 to S$1,800 per square foot, which would make it the most expensive suburban condominium to date. Sizes range from 635 sq ft for one-bedroom apartments to 3,638 sq ft for penthouses.

Units at the nearby Thomson Grand at Sin Ming Walk are selling for as high as S$1,600 psf, they noted.

Sky Habitat – designed by renowned architect Moshe Safdie, the man behind the iconic Marina Bay Sands – will offer 509 units amid lush gardens and sky bridges.

In marketing mode as he spoke at the show flat yesterday, Mr Wong Heang Fine, chief executive of CapitaLand Residential Singapore, said: “Market rumours reflect market thinking on what our product can sell for. As you can see, there is a good layout, and location is very good.”

Sky habitat Bishan singapore site plan

Citing the low-interest-rate environment and the buoyant job market, Mr Wong added that he expected response for Sky Habitat to be “naturally” positive.

While no one denies the right of developers to price properties as they see fit, rising prices may help inflate a property price bubble – with a record price at Sky Habitat driving prices of other projects higher, analysts said.

http://www.todayonline.com/Singapore/EDC120406-0000065/Sky-Habitat-to-set-price-record-for-suburban-condo

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Sky Habitat is set to transform the urban landscape in Bishan. It is designed by renowned international architect, Moshe Safdie. This stunning condominium will comprise 509 units spread over two 38-storey towers, linked by two bridging sky gardens and a sky pool. Safdie’s non-conventional design approach gives rise to generous shared garden and leisure spaces, while allowing air to freely circulate through and sunlight to penetrate the entire development.

Why Sky Habitat?

* One of Singapore’s most sought after residential area, the heart of Bishan Central

Sky Habitat is an iconic 38-Storey Condominium development near Bishan Central. Magnificient and breath taking, this stunning architecture is designed by the renowned international architect Moshe Safdie.

A distinctive example of new urban living, Sky Habitat condo is just 5 minutes away from the Bishan bus interchange, Bishan MRT interchange(Circle line/Orange line and North-South line/Red line) and the Junction 8 Shopping Mall. Residents will be able to enjoy the convenience of door step amenities and access other parts of Singapore with ease. Families with school-going children will delight as reputable local and international schools are located in the vicinity.

Developed by Capitaland Limited, Sky Habitat will be the benchmark of architecture brilliance and artistry with its futuristic design and interlink skybridges. With a gross plot ratio of 4.9, Sky Habitat will be the tallest skyscrapper in the Bishan. Sky Habitat comes with a good mix of unit types such as 1 Bedroom + Study, 2 Bedrooms, 2 Bedroom + Study, 3 Bedrooms, and 4 Bedrooms units, with approximate sizes ranging from 680 sqft to 3000 sqft

Sky Habitat at Bishan will enjoy the experience the best of life. The exquisite definition of luxury is yours to endorse; it is bespoke distinction for your persona. At Sky Habitat, what is important to one- is more often than not – invisible to the eyes.

Cozy up with friends and family by the pool.The ubercontemporary and stylish spaces evoke a sense of divinity in great volumes. Featuring facilities like a gym, swimming pool and sundecks, Sky Habitat is the ideal home meant for a distinguished select few. Get poised while the endless promises and dreams of luxurious living unfold.

The Story Behind – Sky Habitat Design (www.sgSkyHabitat.com)