1 / 6

From shoebox apartments to GCBs

Almost a decade ago, Melvin Poh — founder and managing director of Fission Group — and joint-venture partner Yi Kai Group made a name for themselves as developers of shoebox apartments. The project they were most famous for was the 293-unit Alexis at Alexandra. All the units were sold out within three days of their launch in early 2009. This project was followed by the 167-unit, freehold Robinson Suites in late 2010, where all but five penthouses were sold out in a matter of hours. The JV partners have also collaborated on a strata-titled light industrial development on Henderson Road called Apex@Henderson.<br><br>

Download Presentation

From shoebox apartments to GCBs

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. From shoebox apartments to GCBs

  2. Almost a decade ago, Melvin Poh — founder and managing director of Fission Group — and joint-venture partner Yi Kai Group made a name for themselves as developers of shoebox apartments. The project they were most famous for was the 293-unit Alexis at Alexandra. All the units were sold out within three days of their launch in early 2009. This project was followed by the 167-unit, freehold Robinson Suites in late 2010, where all but five penthouses were sold out in a matter of hours. The JV partners have also collaborated on a strata-titled light industrial development on Henderson Road called Apex@Henderson.

  3. Highest-value asset on the market • Now, the JV partners have their highest-value asset on the market — a Good Class Bungalow (GCB) at 43 Belmont Road with a price tag of $38 million. The property occupies a freehold site of 15,070 sqft, which translates into a unit price of $2,522 psf. • ission Group and Pinnacle Assts purchased 45 Belmont Road, a 31,129 sqft GCB plot, for $44.188 million ($1,420 psf) in 2015. They subsequently subdivided the site into two smaller plots: 43 Belmont Road, which was recently put on the market for sale; and 45 Belmont Road, which is currently under development and will be Soh’s new home.

  4. Room for flexibility • On the first level is an en suite guest room with a view of a Japanese garden. There are six en suite bedrooms in total. The other five are situated on the second level of the house. The master suite at one wing of the house comes with en suite master bathroom and walk-in wardrobe. The adjacent bedroom can be converted into additional wardrobe space, a study or even a child’s room. • Likewise, for a multi-generational family, the junior master suite and adjacent bedroom at the other wing on the second level can be converted into a self-contained apartment with its own sitting room and pantry. Both the master and junior master suites boast views of the swimming pool.

  5. Contact Us • Phone: • 8128 9565 • Email: • launchnewcondo.marketing@gmail.com • Website: • https://www.launchnewcondo.com/ • Address: • Blk 25 Terrasse Lane #01-24, Singapore

  6. Thanks For Watchinghttps://www.lasvegasbariatrics.com/

More Related