One of the top selling projects in 2019, Stirling Residences is a 99-year leasehold development located in the Alexandra / Commonwealth area (D3). According to URA data, as at May 2020, it is 80% sold with 980 units out of its 1259 units snapped up. So why is this development so popular?
Stirling Residences sits on plot size of 227,221 sqft or 21109.5 sqm. It consists of two 40-storey towers and a 38-storey tower with 1 to 4 bedroom types and 4-bedroom penthouses. You can see the unit breakdown below. Launched in 2018, it will receive the Temporary Occupation Permit (TOP) in April 2022.
Table of unit mix for Stirling Residences
The main entrance to the development is located at Stirling Road facing the Mei Ling Street HDB estate, with the side gate, also on Stirling Road, facing Queens Condo. Ideally located, it is a 3 minute walk to Queenstown MRT station and a 10 minute drive to the Central Business District (CBD) and the Orchard Road shopping belt.
For families with school going kids, there are many schools nearby, including Alexandra Primary School, Gan Eng Seng Primary School, New Town Primary School, Queenstown Primary School and Queensway Secondary School. For investors, there is also a good rental potential as it is near Science Park, One North, Metropolis, Biopolis and Fusionopolis where many Multi-National Corporations (MNCs) are located.
As the development is in the heart of Queenstown which is a mature estate, amenities are easily accessible. Within walking distance are shopping malls like Anchor Point, Alexandra Central, Queensway Shopping Centre and Ikea. These malls offer a wide variety of retail shops and dining options. For hawker food lovers, the well-known Mei Chin Road Market is just across the road. Supermarkets within walking distance are Cold Storage supermarket in Anchor Point and NTUC at nearby Blk 170 Stirling Road which is a mere 200 metres away.
The developers of the project are the Nanshan Group Singapore & Logan Property Holdings. Logan Property Holdings was established in 1996, and listed on the Hong Kong Stock Exchange in 2013. The Group has received Grade-A qualifications in property development, general construction contracting and engineering design. Over the years, the Group has built a strong track record in building numerous residential properties in China and is well-known for its quality developments in the Guangdong-Hong Kong-Macau Greater Bay Area, having developed 250 million square feet of real estate. Logan Property’s mission of ‘Building a Better Life’ has led to the creation of over 110 residential projects and has improved the quality of over 600,000 lives. Logan Property has been awarded The Typical Projects of China Real Estate Developers Award from 2016-2018 for its work on the Great Bay Area of Guangdong-Hong Kong-Macau. The Group was ranked 29th in the China Top 100 Real Estate Developers, 3rd in Top 10 value investment stock and 295th in Fortune China’s Top 500 Enterprises in 2017 - a testament to Logan Property’s expertise and continuous commitment to excellence.
The Nanshan Group is known as a highly-diversified conglomerate with over 30 years of sustainable development. Since 2013, the Group has developed both residential and commercial properties including Park Regis Hotel at Merchant Road, Mercure Singapore Bugis at Middle Road, Tai Seng Centre, Harper Point and Thomson Impressions.