As is evident with the trophy homes at South Beach Residences — good things get snapped up fast. The 190-unit luxury development is now fully sold, with sales momentum and interest picking up after Singapore’s “circuit breaker” period, a testament to the resilience of luxury properties amid a pandemic.
One of the strong draws of the homes at South Beach Residences is its convenience, with an array of amenities easily within reach. Homeowners reside within the residential block of a two-tower integrated development, comprising over 510,000 sq ft of Grade-A office space; an array of wellness and dining establishments; and a 634-room luxury hotel by JW Marriott Singapore South Beach. The hotel is right below the residential units at South Beach Residences, which span the 23rd to 45th floors. The 22nd and 32nd floor house dedicated recreational amenities for residents, which include an infinity pool and indoor gym.
With the residences perched atop a five-star luxury hotel, there are undeniable perks. For one, residents at South Beach Residences are able to enjoy personalised services and hotel privileges from JW Marriott Singapore South Beach. They have, for instance, access to spa, laundry and housekeeping services at special resident rates.
With units starting from the 23rd floor, homeowners at the development are guaranteed picturesque views of Singapore’s iconic skyline. Fitted with floor-to-ceiling windows, choice units have exclusive, front-row seats to key events such as the Singapore F1 Grand Prix, and the view of fireworks from the National Day Parade and New Year’s Day countdown.
Accessibility at its doorstep, future growth
The development — by esteemed developers City Developments Limited (CDL) and IOI Properties — also offers accessibility at its doorstep, a key reason why homebuyers have flocked to the property. Residents at South Beach Residences enjoy direct sheltered access to Esplanade MRT station and City Hall MRT interchange station. Key locations are also nearby: the CBD is a five-minute drive away, the Orchard Road shopping belt takes a 10-minute drive, while travel by car to Changi Airport takes 15 minutes.
The property’s strategic location within the Civic District also opens up more recreation alternatives. Homeowners can reach the Esplanade – Theatres on the Bay within minutes by foot, or visit the many art galleries and museums nearby. Through underground walkways, residents can enjoy sheltered access to malls like Raffles City, Millenia Walk and Suntec City.
Beyond just owning a luxury unit, residents at South Beach Residences are also buying into the future of the city centre. The Singapore government has envisioned the CBD as a thriving location for growth and activity. Singapore’s Downtown area, comprising the stretch from Tanjong Pagar and Raffles Place to Marina Bay and beyond will continue to evolve, accommodating a “wider diversity of uses and creative lifestyle possibilities,” says the Urban Redevelopment Authority (URA).
In 2019, the URA rolled out the CBD Incentive Scheme, which encourages building owners to convert existing office developments in the CBD to rejuvenate the city centre. With nudges and incentives from the government, the precinct will ultimately be transformed into a vibrant place to live, work and play in, drawing buzz throughout the week. For investors, this will then lend to an ease of renting out the units.
To date, monthly rentals fetched at South Beach Residences have ranged between $7,000 to $25,000 a month, for sizes of 1,000 sq ft and above, based on URA data.
Quality build, Green-Mark certified
Designed by leading British architectural firm Foster + Partners, the South Beach integrated development stands out in grandeur against Singapore’s city skyline, embellished in high-performance glass that gleams a magnificent brilliance under the sun. The quality build and its amenities have attracted major firms like Facebook, Sanofi and Lego to house their offices there.
The design also incorporates several sustainability and innovative features. It is fitted with an undulating microclimatic canopy that is engineered to maximise ventilation, filter out heat and generate solar energy. The shape of the shade also makes it suitable for rainwater harvesting. To balance out the harshness of the steel structures, over 10,800 sqm of greenery on the grounds have been introduced, with the provision of an additional 3,400 sqm of gardens within the residential tower to absorb heat, noise and carbon dioxide.
As a result of its commitment to sustainability, the integrated development has bagged several awards: two BCA Green Mark Platinum awards (residential and commercial); the prestigious FIABCI Singapore Awards, topping the Sustainable Development category; and the Singapore Good Design Mark (SG Mark) Platinum Award.
Riding on the advantages that living in South Beach Residences has to offer, it is no wonder that these prized homes have already been snapped up by the discerning buyer.