In total, three bidders submitted concept proposals for the project. One was from Far East Organization while the others were from Sino Group and Allgreen Properties. One of these developers is a joint venture between Wing Tai Holdings and Perpetual (Asia).
The Reserve Residences will be a new condominium project located near the upcoming Beauty World MRT Station. The development, by Sino Group and the Far East Organization, will feature public transportation hubs, retail space, and a hotel. Residents will have easy access to the nearby mall and educational institutions. Whether you live in the condo or plan to rent a unit, you’ll have easy access to all the amenities in the area.
The concept of the Reserve Residences will span 3.22 acres, including an 8-acre plaza, 20,000 square metres of retail space, and civic and business spaces. The winning bid was S$1.028 billion, which translates to $989 per square foot. The developer’s concept proposal is a fusion of traditional and modern architecture. The project’s design is still in the conceptual phase, but it will likely be built according to zoning requirements.
The Reserve Residences for Sale Beauty World MRT Station is located right near the condo. Residents will have convenient access to the MRT, the beauty world shopping mall, and other amenities. This development is expected to be finished in 2022. It will be home to about 700 luxury units, 150 serviced apartments, and about 20,000 square meters of retail space. Located near the upcoming Beauty World MRT station, The Reserve Residences will be a prime choice for those who work in the GLS district and need easy access to public transport and other amenities.