11 OCT 2020: WALLICH RESIDENCE – at $3000psf, I don’t think it is expensive
I told my client to meet at the ground floor lobby of Wallich Residence, and as expected, he couldn’t find it. By design, it is nicely tucked away from the public areas of Guoco Tower, and I had to head out to Japan Rail Cafe to meet him there instead. After 1.5 hours, my client was impressed. From the concierge on the ground floor to the swimming pool deck on the 39th floor and the secondary facilities deck on 52nd floor, everything about Wallich Residence exudes quality and luxury. But the monthly maintenance for smaller units is $1,000 per month! Not sure whether that will be a deal-breaker for my client or not 🙂 But he seemed very happy with layout and facing of the 2-bedroom (915sf and 958sf) and the smaller 3-bedroom units (1098sf) units. The price quantum is quite hefty at more than $3.4m for the cheapest 3br 1098sf unit on the 47th floor, but surely, there must be something special about Wallich Residence for James Dyson to cough out a cool $73m for his super-penthouse on the 62nd floor? I rest my case.
* TOP obtained!
Address: 3 Wallich Street S(078882)
Tenure: 99 years
Total Units: 181
Project details :
Wallich Residence is part of Tanjong Pagar Centre, and comprises a limited edition of 181 luxury homes, located at the top of the office building, reaching 290 metres in height. This will be the first building in Singapore to reach this height, offering residents the status of living in Singapore’s tallest building. The apartments enjoy a North-South facing, to optimise the views and minimise heat gain. The luxury residential units, located above 180 metres, will take advantage of the views towards the north (Marina Bay and Central Business District), and those extending southward towards Sentosa Island and the Singapore Straits.
TANJONG PAGAR CENTRE
Wallich Residence – 181 exclusive residences
Guoco Tower – 890,000 sq ft Grade A office Space
Tanjong pagar park – 150,000 sq ft of landscaped garden
Retail – 100,000 sq ft of retail and dining options across 6 storeys
Sofitel Singapore city centre – French flair, 5-star hospitality and luxurious amenitie
Direct connectivity- Direct access to MRT from Basement 2
Wallich Residence hits $4560psf
Plans to rejuvenate city centre, waterfront
MONEY MIND: “Living the High Life in the CBD”
Every evening, I walk 3.5km around the Marina Bay, and see hordes of tourists enjoying themselves. And I always wonder to myself: Why are Singaporeans not enjoying themselves here?
In many global cities around the world, living in the financial district is a privilege and will cost a bomb, but uniquely in Singapore, you can still get a good unit at many D1, D2 and D7 properties for the same price — in terms of psf — as some new condo launches in the outlying suburbs!
Mike Tan | CEA Regn. R059706Z | 98280030
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