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City Gate (From $7xxk)

Description

City Gate

Project NameCity Gate
DeveloperBayfront Ventures Pte Ltd
Joint venture between World Class Land & Fragrance Group
Development Type30-Storey Mixed Development comprising:

  • 311 Residential Units
  • 188 Retail Units
Address371 Beach Rd, Singapore 199597 ( See CITY GATE’ S LOCATION )
District7
Tenure99 years wef 25 April 2014
Total Net Site Area7,268.90 sqm (78,242.44 sqft)
Plot Ratio5.0
Gross Floor Area36,344.50 sqm (391,212.20 sqft)
Max. Building Height30-storey comprising:

  • 3-storey Commercial Podium
  • 3-storey Podium Car Park
  • 25-story Residential Tower with Sky Terraces on 6th and 24th storey
Total No. of Units311 Residential, 188 Commercial Units
ArchitectSAA Architects Singapore
Residential Unit Mix1 Bedroom (43 units)431 – 452 sqft
2 Bedroom (42 units)560 – 570 sqft
2 Bedroom DK (174 units)678 – 1066 sqft
3 Bedroom DK (44 units)904 – 915 sqft
1 Bedroom Penthouse (1 unit)484 sqft
3 Bedroom Penthouse (4 units)807 – 1464 sqft
4 Bedroom Penthouse (3 units)1604 – 1819 sqft
Commercial Unit MixShops (157 units)280 – 721 sqft
Restaurants (29 units)452 – 1044 sqft
Foodcourt (1 unit)4693 sqft
Supermarket (1 unit)3735 sqft

OVERVIEW

City Gate condo is the latest new launch mixed development by a joint venture comprising of Fragrance Group and World Class Land , one of the few reputable developers with an extensive portfolio of residential properties. Located at the the former Keypoint site (Junction of Jalan Sultan and Beach Road), Citygate condo will feature a 30-storey mixed development consisting of 311 residential units and 188 retail units. Standing tall within the prime city region, City Gate is also located just minutes away from Nicoll Highway MRT(with the existing link bridge to be integrated at level 2 of City Gate) and also walking distance to Lavender MRT. With the convenience of retail and dining amenities right at the doorstep, City Gate is without a doubt a great place to live.

This luxurious City Gate new launch condo has full and unique facilities, which includes a guard house, clubhouse, Function Rooms & Indoor Gym , swimming pool & Sun Deck, Private BBQ Areas, Outdoor Fitness Station, Children’s Playground, for residents to relax and socialize amidst the bustling city life. This Beach Road condo will feature a good mix of unit types (1/2/2DK/3/3DK/4br/Penthouses) as well as different sizes of retails spaces, including a food court and supermarket.

WHY INVEST IN CITY GATE

FOR OWN USE

  • A centralised location for your business.
  • Owning  a lifetime business address.
  • Brand new iconic  commercial building – an image that reflects your business.
  • Better measured overhead to own it, and  never be held ransom by landlords who raise rental when  market is good.
  • Money  that is paid  into the  property is retained as an asset and  can  be liquidated after sale  or used  as a collateral (property)  to the  bank.  Compared to rental which  is evaporated.
  • Ownership is an eventuality.  No businessman runs his business whole  life to rent. He makes money  to eventually own something.
  • The diversity of businesses around Beach  Road makes City Gate  a choice location to setup an operation to support the businesses nearby.
  • Rarity  of brand new offices  around city fringe which  offer modern facilities coupled with fun after work  lifestyle.
  • Operating companies will not be subjected to TDSR and  will qualify  for higher LTV.
  • GST registered entities will be able  to claim  back  GST.
  • Near MRT/shopping mall – offering convenience to the  staffs and  clients.
  • Best  time  to buy now with the  attractive price.

FOR INVESTMENT

  • Limited strata retails for rent and  sale  in the  vicinity. Low supply to high  potential demands.
  • No ABDS/SSD therefore can  be sold anytime when  the opportunity comes.
  • Foreigners can  buy & sell freely.
  • Low capital outlay with slow progressive payment gives the  flexibility of fund  management to any investor.
  • A high  business activity area with very low supply of high-rise offices.   In fact  we are  the  first  around here for sale.
  • Buying  now to reap the  potential upside when  market recovers.
  • Why now?   Have  you heard of anyone who bought in 2013  making more profit than someone who bought in 2009?
  • GST registered entities will be able  to claim  back  GST.
  • Near MRT/shopping mall – offering convenience and visibility  therefore such  properties are  definitely the first  for tenants and  also to benefit from  capital appreciation when demand surges.
  • Best  time  to buy now with the attractive price.

VIDEO OF CITY GATE SINGAPORE

LOCATION MAP

Mixed-development CityGate is located at 371 Beach Road (the former Keypoint Building) by the junction of Jalan Sultan and Beach Road. It is within the Central Region and is opposite to Nicholl Highway MRT and Marina Central Expressway MCE, thus offering Very Good connectivity and accessibility.

City Gate is Near to 3 MRT Stations!

– 250 meters to Nicoll Highway MRT
– 600 meters to Lavender MRT
– 730 meters to Bugis MRT / Bugis Junction

ENQUIRE ABOUT CITY GATE SINGAPORE

AND BE LIKE A INVESTMENT GURU

AMENITIES NEAR CITYGATE

CategoryImportant Amenities Near City GateApproximate Distance
Train StationsNicoll Highway (CC5)
Lavender (EW11)
0.3km
0.6km
Bus StopKeypoint Bldg (Bus: 100, 961,980)
St John HQ (Bus: 100)
0.1km
0.1km
SupermarketsPrime (803 King George’s Avenue)
Cold Storage (Bugis Junction)
Giant (New World Centre)
Fairprice (City Square Mall)
0.6km
0.8km
0.8km
1.2km
Shopping MallsThe Concourse
Golden Mile Complex
Golden Landmark Shopping Complex
Suntec City
Bugis Junction
Albert Complex
City Square Mall
The Verge
Mustafa Centre
0.1km
0.3km
0.5km
0.8km
0.8km
0.9km
1.1km
1.1km
1.2km
SchoolsPreschool
PCF Kampong Glam Blk 462-3
PCF Jalan Besar Blk 806
PCF Kampong Glam Blk 2
Kampong Kapor Methodist Church Kindergarten
Rosemary Hall Montessori Kindergarten
Khalsa Kindergarten
Foochow Methodist Church Kindergarten
PCF Jalan Besar Blk 12
PCF Moulmein Blk 10
Christ Church Kindergarten
0.3km
0.7km
0.8km
1.1km
1.3km
1.4km
1.4km
1.6km
1.7km
1.9km
Primary
Stamford Primary School
Farrer Park Primary School
St Margaret Primary School
0.6km
1.7km
1.8km
Secondary
School of the Arts1.6km
Junior College
St Andrew’s Junior College3.4km
Tertiary
Singapore Management University1.5km
International
Insworld Institute1.3km
Food CentreGolden Mile Food Centre
North Bridge Road Market And Food Centre
Berseh Food Centre
Queen Street Block 270 Market and Food Centre
Tekka Market
Gluttons Bay
Upper Boon Keng Road Block 17 Market & Food Centre
Bendemeer Road Block 29 Market And Food Centre
0.4km
0.4km
0.8km
0.9km
1.3km
1.5km
1.8km
1.9km
LifestyleWater Venture – Kallang Riverside Park
Kallang Riverside Park
People’s Association Headquarters
Kallang Water Sports Centre
Jalan Besar Stadium
People’s Association Staff Club
Marina Bay Golf Course
New Sports Hub
Singapore Indoor Stadium
Singapore Recreation Club
Civil Service Club – Tessensohn
Singapore Khalsa Association
Esplanade Park
Singapore Cricket Club
Fort Canning Park
Singapore Indian Association
The Legends Fort Canning Park
0.6km
0.6km
0.8km
0.9km
1.0km
1.2km
1.4km
1.4km
1.4km
1.5km
1.6km
1.7km
1.7km
1.9km
1.9km
1.9km
2.0km

UNIT MIX

Type# UnitArea (sqft)%
1 BEDROOM43431 – 4529
1 BEDROOM PENTHOUSE14840
2 BEDROOM42560 – 5708
2 BEDROOM DUAL KEY174678 – 80735
3 BEDROOM DUAL KEY44904 – 9159
3 BEDROOM PENTHOUSE4807 – 1,4641
4 BEDROOM PENTHOUSE31,604 – 1,8191
FOODCOURT14,6930
RESTAURANT29452 – 1,0446
SHOP157280 – 72131
SUPERMARKET13,7350

SITE MAP

FLOOR PLANS

FLOOR MAP

DEVELOPER

City Gate Developer

City Gate is proudly developed by a joint venture of reputable developers:

FRAGRANCE GROUP

Founded with the vision to provide quality homes, Fragrance Group Limited comprise a Property and a Hotel Division.
The Group’s Property Division has developed more than 50 landed and apartment projects islandwide. Dedicating itself to providing quality and affordable homes, Fragrance Group aims to become the leading developer amongst homebuyers in Singapore.
Past projects by Fragrance Group include:

  • Bungalows by the Sea
  • Icon @ Pasir Panjang
  • Kensington Square
  • Le Regal
  • Urban Vista
  • Novena Regency

WORLD CLASS LAND

Founded in 1999, World Class Land is the property arm of Aspial Group – a listed company in the Singapore Exchange. With a vast portfolio of residential real estates from landed housing to luxurious condominium and apartments projects, World Class Land is steadily emerging as one of the front runners in Singapore Real Estate industry.
Past Projects by World Class Land:

  • Waterfront @ Faber
  • The Hillford
  • Kensington Square
  • Urban Vista
  • Parc Rosewood
  • East Village
  • 8 Bassein

PAYMENT SCHEDULE

Order of
Payment
Progress of WorkPercentage of
Purchase Price
1sta)On obtaining Option To Purchase (Booking Fee)5%
b)Within 8 weeks from the date of the Option15%
2nda) Notice that the foundation works relating to the Unit have been
completed
10%
3rdb) Notice that the reinforced concrete works relating to the Unit have
been completed
10%
4thc) Notice that the brick walls relating to the Unit have been completed5%
5thd) Notice that the ceiling of the Unit has been completed5%
6the) Notice that the door and window frames are in position, and that the
electrical wiring (without fittings), the internal plastering and the plumbing of the Unit have been completed
5%
7thf) Notice that the installation of electrical plant, sanitary equipment and
air-conditioning plant Of any) relating to the Unit has been completed
5%
8thg) Notice that the car park, roads and drains serving the Building have
been completed
5%
9tha)Notice of Vacant Possession and the Temporary Occupation Permit or Certificate of Statutory Completion in respect of the Unit or a certified copy thereof)
b)Certificate by the Vendor’s qualified person that the Unit and the Building and all the roads drainage and sewerage works for the Building) have been constructed according to the Specifications and plans approved by the Commissioner of Building Control, and that all water and electricity supplies and all gas supplies (if any) have been properly connected to the Unit
25%
10thEither:
1) Where completion of the sale and purchase takes place before the
issuance of the Certificate of Statutory Completion (“CSC”):
a)2% to be paid to the Vendor on completion of the sale and purchase;2%
b)8% to be paid to the Singapore Academy of Law (“SAL”) as stakeholder and to be released less all authorized deductions by SAL to the Vendor within 3 working days of production of the CSC (or a certified true copy thereof) by Purchaser to SAL within 4 working days of receipt by Purchaser of the CSC (or a certified true copy thereof)8%
OR
2) Where CSC is issued before completion of the sale and purchase:-
a)2% to be paid to the Vendor within 14 days after the Purchaser receives the CSC (or a certified copy thereof);2%
b)8% to be paid to the Vendor on completion of the sale and purchase8%

CITY GATE SINGAPORE PRICE

TypeSize (sq m)Size (sq ft)Total UnitsIndicative Price*
1 Bedroom40 – 42431 – 45243$948,000
2 Bedroom52 – 53560 – 57042$1,178,000
2 Bedroom Dual Key63 – 75678 – 807174$1,388,000
3 Bedroom Dual Key84 – 85904 – 91544$1,750,000

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Address

  • City: Singapore
  • State/county: Singapore
  • Country: United States

Detail

Updated on January 30, 2018 at 11:43 am

  • Property ID: City Gate Singapore
  • Property Type: Apartment, Commercial, Condo
  • Property Status: For Sale, New Listing

Contact info

New Launch For Sale
New Launch For Sale
6100 6150

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