Region’s ’tallest’ for Singapore

Region’s ’tallest’ for Singapore
Property Report staff


Emirates Tarian Capital (ETC), a member of Emirates Investments Group LLC, UAE, says it is literally elevating the standard of luxury and craftsmanship in Singapore living to a whole new level.

Real estate developer Hayden Properties (a joint venture between ETC and KOP Capital), which manages the project, has announced that it is creating the region’s tallest high-end residential building, which will feature an elevator that will enable owners to park their cars right at their units.

The residential property is the first of its kind in Singapore and the region and will represent the ultimate in luxury, with a bold new concept of high-rise living.

Located at 37 Scotts Road, the building will be 30 stories high, the tallest in the world to feature ’car porches.’ The property will comprise 54 condominium units and two penthouses, complete with en suite, elevated car porches. A typical unit will be approximately 3,000 square feet.

"It’s high time that Singapore attains a new level of affluence in world-class living, which will ensure that it is a competitor in the global luxury real estate market, said Mr Kunalan Sivapuniam, Managing Partner of ETC and Director of Hayden Properties, which will manage the project.

Mr. Sivapuniam added, "The tower on 37 Scotts Road will provide residents with the unique opportunity to live in a condominium, while enjoying the advantages of a landed property."

The most striking aspect of the building´s design is the distinctive elevated parking system, which will give owners the comfort of parking their vehicles by their residences, regardless of which level they will live on. The tower’s unmistakable glass lift, a visual marvel overlooking Scotts Road, will showcase the cars as they are conveyed throughout the building.

Seated inside their cars, residents will ride comfortably from ground level to their apartments in total safety and style.

Complementing the daring innovation that defines the development, units will feature a deluxe warm interior complete with exquisite fittings.

Hayden Properties has received a provisional planning permit from the URA, and expects to launch in the last quarter of this year with construction commencing at the end of the year. The project, which is yet to be named, should be completed by the end of 2009. It is expected that the price tag for each unit will set benchmark prices for ultimate luxury living.