Disclaimer
Copyright Far East Organization 2003/2004 |
|
 |
 |
Central is Far East Organization’s upcoming
landmark development located above the Clarke
Quay MRT station within the Central Business District.
Pioneering a new live, work, play concept, SOHO
at Central, comprising two towers with a total
of 227 Small Office Home Office units, has captured
the imagination of the Singapore and regional
markets. Ninety per cent of the 115 units released
have been sold ahead of an official launch campaign
in Singapore.
The development’s popularity can be attributed
to its much sought-after combination of compact
spaces in a high-class development with excellent
transportation connectivity. It also has the added
attraction of a scenic location by the historic
Singapore River.
“We are encouraged by the strong response
to SOHO at Central. It shows the readiness and
sophistication of the Singapore and regional markets
in adopting the new work-life concept that has
taken on in a big way in major cosmopolitan cities
such as New York and London as well as bustling
Asian capitals like Beijing and Taipei,”
says Mr Chia Boon Kuah, Far East Organization’s
Deputy Chief Operating Officer of Retail &
Lifestyle Concepts and Director of Sales &
Regional Marketing. |
|
 |
|
Central’s unique location by the historic Singapore
River on top of the Clarke Quay MRT station places the
development at the heart of a fast-growing market within
the city. Says Ms Soon Su Lin, Executive Director of
CB Richard Ellis, “SOHO at Central should achieve
higher rental rates than standard office space as there
is no other new office building above an MRT in the
city with units of 600 sq ft. In addition, it has the
flexibility for residential use. We believe that a net
yield of six per cent is achievable for these SOHO units
as compared with the four per cent return from typical
strata-titled office units.”
SOHO at Central with most of its units in the 635 sq
ft size range, offers a very attractive investment option
for investors and owner-occupiers alike. About half
of the buyers are investors, the rest are business occupiers
in professional fields. Over 50 per cent of the buyers
are foreigners from China, Hong Kong, Indonesia, Japan,
Malaysia and Taiwan, the balance are Singaporeans.
SOHO at Central presents the only purpose-built home
offices in Singapore. The development offers a prestigious
business address with full flexibility in commercial
usage. Each unit comes with quality home finishes, fully-fitted
bathroom and a compact kitchenette. Owners can use the
units for the dual functions of office and residential
living or for the exclusive use of either purpose without
the need for additional approvals from the authorities.
Each unit’s innovative workspace can be turned
into cosy living spaces instantly. The high four-and-a-half
metre floor-to-floor height coupled with column free
space give 40 per cent more volume compared with that
of a similarly sized typical office unit. Owners have
full flexibility to maximise this voluminous usable
space through the use of creative interior design ideas
and layout planning.
Central is the first development in Singapore to integrate
the diverse functions of real estate – habitation,
lifestyle, business, community and transportation connectivity
– within one complex. Designed for a population
of 10,000 occupants, it will have two towers of SOHO
units, a 25-storey office tower, a retail podium with
riverfront F&B outlets, a sky garden and recreational
facilities, full public amenities and a community hub.
The epicentre of a thriving community, Central is surrounded
by an educational enclave comprising the new city campuses
of Singapore Management University, LaSalle–SIA
College of the Arts, and other private educational institutions
in the Selegie and Bras Basah areas. An estimated 40,000
students and teaching academia, including 10,000 foreign
students whom Singapore expects to attract, will study
and work in the vicinity of Central. About one kilometre
away are major banking institutions in the Central Business
District with a working population of 50,000. Along
the Singapore River, there will be 25,000 residents
living inupmarket homes. Currently, this area is popular
with expatriates from Indonesia and Japan.
Central is seamlessly connected to historic Chinatown,
the civic district, the arts and cultural district made
up of museums, galleries and the Esplanade, as well
as the entertainment belt of Clarke Quay, Boat Quay,
Mohammad Sultan Road and The Fullerton Singapore. |
|
 |
When completed, Central is set to invigorate
the landmark Singapore River by infusing a new
vibrancy into the area treasured for its rich
historical background and architectural and business
heritage. It is a key node that will contribute
to making Singapore’s city centre more distinctive
and memorable.
For more information, check out
www.thecentral.com.sg or call 6839 3668 /
6535 5803. Show units open daily including Sundays
and Public Holidays, 9am to 6pm. |
|
|
 |
The next time you visit any one of Far East Organization’s
showflats, you might be one of our lucky winners who
will get to indulge in a weekend stay with a delectable
Champagne Brunch for two at The Fullerton Singapore.
To participate in our Visitor of the Month Draw* simply
visit any of our showflats, fill in your details on
the visitor form and hand it to our friendly sales staff.
There is no restriction on the number of entries for
this draw. Every visit to the showflat entitles you
to one chance in the draw.
In addition, purchases made in 2004 will be rewarded
with the chance to win a one-of-its-kind purpose-built
SOHO (Small Office Home Office) unit at Central, Far
East Organization’s upcoming landmark development
above the Clarke Quay MRT station.
In the Win-A-SOHO** draw, every $100,000 purchase entitles
the buyer of Far East Organization’s properties,
including commercial and industrial properties, to one
chance at the draw. The lucky winner will get to own
a unique SOHO unit, specially selected to complement
any type of property the purchaser may have bought;
be it a residential, office, retail or industrial unit.
These two draws, launched in February 2004, will continue
till January 2005. So hurry down to our showflats with
your family and friends today! You might be one of our
lucky winners.
* Not open to employees and
appointed marketing agents of Far East Organization,
including Orchard Parade Holdings Limited and Yeo Hiap
Seng Limited.
** Excluding executive condominium and industrial land
parcel buyers.
Terms & conditions apply.
|
|
|
|