City Gate, Mixed Development (KeyPoint En bloc) @ Beach Road
is located along Jalan Sultan / Bugis / Kallang Vicinity in District 7.
Expected to be ready for move in by 2019, the iconic City Fringe New Launch
comprises a total of 311 Residential Units and 188 Strata Title Commercial Retail Units.
Towers will be 30 storeys tall with view of Kallang Basin / Waterfront Riverside
in directions of East and South. CityGate is connected directly to
Nicoll Highway MRT via the Overhead Link Bridge.
Expected to be ready for move in by 2019, the iconic City Fringe New Launch
comprises a total of 311 Residential Units and 188 Strata Title Commercial Retail Units.
Towers will be 30 storeys tall with view of Kallang Basin / Waterfront Riverside
in directions of East and South. CityGate is connected directly to
Nicoll Highway MRT via the Overhead Link Bridge.
99-year Leasehold Tenure from 25 April 2014
Site Area of 78,242 sqft
TOP Date 31 October 2019
New Mixed Development of 30 Storeys
3-storey Commercial Podium
25-Storey Residential Towers
A total of 311 Residential Apartment & 188 Commercial Units
Jointly Developed by Bayfront Ventures (World Class Land and Fragrance Group)
Design by SAA Architects Singapore
Showflat is now Open!
Iconic Masterpiece along Beach Road
▪ 3-storey of shopping and dining podium
Breathtaking Views
▪ Sea views of Kallang Basin on the Eastern and Southern sides
▪ Unblock views across Kampong Glam on the Western and Northern sides
Strategic Location
▪ Vibrant junction of Jalan Sultan & Beach Road
Direct Link to Nicoll Highway MRT
▪ Existing overhead bridge over Beach Road will be integrated at Level 2
Great Connectivity
▪ Less than 5 minutes walk to Nicoll Highway MRT
▪ 1 stop to Stadium, Bugis Interchange, 3 stops to Marina Bay interchange
▪ 4 stops to Dhoby Ghaut, Raffles Place and Paya Lebar Interchange
▪ Less than 10 mins drive to KPE, ECP and MCE
▪ Short drive to CBD, Orchard Road, ECP
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Joint venture buys KeyPoint for $360m
The 25-storey, 7,268.9 sq m commercial block has 62 years left on the lease
Extract from The Straits Times - April 25, 2012
By: Gan Yu Jia
A JOINT venture by two property developers - Fragrance Group and World Class Land, a subsidiary of Aspial Corporation - has snapped up a downtown commercial building for $360 million.
This sale of KeyPoint, at the junction of Beach Road and Jalan Sultan, was priced at $75 million, or 26.3 per cent, above the last valuation of $285 million as of Sept 30 last year.
Frasers said that KeyPoint was considered suitable for divestment as it was identified as an asset which had reached its optimal economic life cycle.
The sale and purchase agreement covers all aspects of the development, including its three-storey podium, 22-storey office tower and four-storey carpark containing 227 parking spaces.
The 34-year-old site is zoned for commercial use and can potentially yield a commercial gross floor area of approximately 426,421 sq ft.
Fragrance Group and World Class Land have teamed up before. They developed the 689-unit Parc Rosewood condominium and acquired Tai Keng Court.
As Price and Unit availability change often, kindly enquire for the latest accurate info.