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Project Details

Goodwood Residence Artist Impression

Development: Goodwood Residence
Location: Bukit Timah Road (D10)
Architect: Woha Architects Pte Ltd
Landscape Architect:     ICN Design International Pte Ltd
Tenure: Freehold
No. of Units: 210 (With 394 Carpark Lots - Inclusive of handicap lots)
Plot Ratio: 1.6
Site Area: Approx. 24,844 sqm

Goodwood Residence is a freehold development located along Bukit Timah Road in District 10. It comprises 210 units over floors. 

It sits on a prime 2.5 hectare freehold land within the coveted Orchard-Scotts area. It is a few minutes’ walk away from the Newton MRT station. 
To further enhance security and exclusivity, all 210 units of Goodwood Residence feature private lifts that open directly to the units’ lobby.

Goodwood Residence shares a 150-metre boundary with the expansive Goodwood Hill conservation area. Goodwood Hill boasts a rich heritage within 20 hectares of Tree Conservation Area, designed by the Singapore National Parks Board, a rarity in the prime Orchard-Scotts vicinity. Within the development, about 500 trees will be planted to complement the existing 58 preserved trees. In addition, there is a manicured lawn of about 60 metres by 30 metres will be located in the middle of the development. Owners will be able to enjoy an oasis of calmness of nature in the hectic rush of the modern city living right in front of their door steps.

Designed by award-winning architects, WOHA and ICN International Design and bought to you by the experienced and renowned developer Guocoland Limited. 

Goodwood Residence Project Detail

Living the High Life at Goodwood Residence

Goodwood Hill is a rarity in the prime Orchard-Scotts vicinity. The area is leafy, quiet and very exclusive. The distance from the front entrance of the development at Bukit Timah Road, to the edge of stack 16 is approximately 80m. The development extends further 170m inside towards Goodwood Hill, making the total distance span of approximately 230m from Bukit Timah Road to Goodwood Hill.

The People behind Goodwood Residence

Very Exclusive World-Class Luxurious Project, conceptualised by highly sought after award wining consultants, WOHA Architects & ICN International Design, this exclusive and elegant development is designed such that every apartment enjoys the magnificent lush view of Goodwood Hill. With high ceiling, impeccable decor and equipped with all the facilities and modern conveniences. Goodwood Residence offers discreet luxury, total privacy and serenity to the esteemed home owners.

Award winning Goodwood Residence Conferred by the Building & Construction Authority, the BCA Green Mark Platinum Award is the highest honour for a Green Building in Singapore. Key outstanding eco-fiendly features at Goodwood Residence:

Green Space | With a beatifully manicured Grand Lawn of approximately 60m by 30 m in size (Half the size of a football/Soccer Field) is located in the heart of the development, almost 80% of the estate is devoted to landscaping and communal facilities.

Location

Street View

Goodwood Residence Excellent Locale

Goodwood Residence Location

Situated in a prominent vicinity right at the heart of everything, Goodwood Residence is well located, 150 meters to Newton MRT train station and the incoming New Newton Circle Line MRT interchange which is projected to open around 2015. There are several bus services located close by. It is located near elite schools such as Anglo-Chinese School, Raffles Girls’ School, and Singapore Chinese Girls’ School.

Goodwood Residence Mall

Numerous restaurants and eating establishments are located within walking distance, including the popular Newton Hawker Centre. Shopping centres such as Chancery Court and Balmoral Plaza, located just a stone’s throw away, address resident’s necessities. Recreational facilities in close proximity to the development include esteemed clubs such as the Premier Club and Tanglin Club. In addition, Thomson Medical Centre is located just a short drive away.

It is also conveniently connected to an extensive road network via Central Expressway (CTE), and Pan Island Expressway (PIE) for fast commuting to all parts of the City. For vehicle owners, it takes about 10 minutes to get to the business hub via Central Expressway, whereas the buzzing Orchard Road shopping belt is a 5-minutes drive down Stevens Road.

Site Plan

Goodwood Residene Site Plan

Floor Plan

3room4room

Please download detailed floor plans below:

2 Bedrooms Floor Plan

3 Bedrooms Floor Plan

4 Bedrooms Floor Plan

Penthouse

 

Virtual Tour

2 Bedroom Virtual Tour

Credits : GuocoLand

3 Bedroom Virtual Tour

Credits : GuocoLand

4 Bedroom Virtual Tour

Credits : GuocoLand

News & Market Report

News

60 Goodwood Residence units sold in past 2 weekends

(SINGAPORE) Malaysian tycoon Quek Leng Chan's GuocoLand has sold 60 units at the freehold Goodwood Residence along prime Bukit Timah Road over the past two weekends at prices ranging from $2,355 psf to $2,555 psf for typical units.

Mr Quek himself picked up the biggest unit in the 12-storey project - a penthouse - for $18.8 million. His brother Leng Hai purchased another penthouse for slightly over $13.8 million and their sister Guat Kim bought an apartment on the eighth floor for about $6.03 million, according to statutory filings by Guoco-Land to the Singapore Exchange.

However, it was a mixed bag of results last week at Sentosa Cove for developers of three 99-year leasehold condo projects as they laboured to move units to savvy buyers who were comparing the relative merits of the three developments against their pricing.

Of the three Sentosa Cove projects, the best sales result was achieved by the joint venture between Ho Bee and Malaysia's IOI; it sold 25 of the 40 units released at the 151-unit condo The Seascape. The development has a better orientation - directly facing the sea and located in Sentosa Cove's choicer Southern Residential Precinct - than the other two projects on offer in the waterfront housing precinct.

The Seascape units sold comprise 18 three-bedroom apartments, six four-bedders and a penthouse. The Seascape does not have smaller units such as two bedders. The majority of the buyers were Singaporeans. About a quarter of the units were purchased by foreigners - from the US, Malaysia and Hong Kong.

The 25 units fetched an average price of about $2,700 psf, with achieved prices ranging from $2,619 psf to $2,880 psf. The sole penthouse sold was a four-bedroom unit of 4,252 sq ft on the sixth level; it sold for nearly $12 million. The Seascape is an eight-storey project with an attic level.

City Developments Ltd (CDL) said it has sold 14 of 56 units units released at the weekend at its 228-unit condo, The Residences at W Singapore Sentosa Cove. The units were released at $2,500-$3,000 psf. The condo comprises two- to four-bedroom apartments as well as penthouses. BT understands the units snapped up were mostly two and three bedders.

Lippo Group, which relaunched Marina Collection last week, is understood to have received expressions of interest from potential buyers but these have yet to translate into sales. Some potential buyers are said to have tried to seek discounts off Lippo's $2,500-2,700 psf pricing.

'This is the first time buyers have a choice of three new projects from developers at Sentosa Cove, whereas in the past, it was usually one launch at a time. So for now, buyers have the luxury of choice and the time to think about their purchase,' said a property agent.

Buyers who visited Goodwood Residence's showflat were drawn by the greenery of the location as well as within the proposed development, GuocoLand Singapore managing director Trina Loh told BT yesterday.

The site shares a 150-metre boundary with the Goodwood Hill tree conservation area. The development will also have about 500 trees planted to complement the existing 58 preserved tree. A manicured lawn of about 60 metres by 30 metres, greenwalls, two tennis courts and an Olympic-size swimming pool are among the other offerings.

GuocoLand has previewed the 12-storey project this month in Hong Kong and Singapore. Of the 60 units sold lately, 40 per cent were clinched by foreigners, led by Indonesians. Other foreign buyers include Malaysians, Australians, Indians and Europeans.

Two-bedroom apartments (of about 1,100 sq ft) in the development cost about $2.8 million on average, while the four-bedroom deluxe units - which have been popular - are priced at about $7.5 million on average. The average price of typical units among the 60 units transacted lately is $2,409 psf, according to Mrs Loh. In June 2008, Kuwait Finance House acquired 36 units in the condo at an average price of $2,800 psf. The project has a total 210 units.

 

 
Source: Straits Times 2 July 2008

Kuwait fund buys just 36 Goodwood Residence units 

It is not taking 97 units as it originally agreed to in Dec, and is also paying less

KUWAIT Finance House (KFH) has ended up buying only 36 units in the posh Goodwood Residence, not the 97 it had wanted initially – and it is paying a lower price.

The Islamic banking group has paid $2,800 per sq ft (psf) for the apartments near Newton Circus – $400 psf below the price it agreed to in December when the property market was in full bloom.

The price at the time was a record for the area. The sale of the 97 units would have cost KFH about $818 million, which would have been the single largest purchase of residential units under construction in Singapore.

The sale also reflected the zest of foreign institutional funds to pump money into the then-dazzling property sector, a trend that has since slowed.

But the record-setting deal collapsed in March when developer GuocoLand said KFH had not exercised its option.

GuocoLand also said that it was in talks with the group over the grant of a fresh option for units in the 210-unit project being built at the former Casa Rosita site in Bukit Timah Road.

News of the option lapse hurt market sentiment, which was already weakening. GuocoLand itself said in a March statement that the private residential market in Singapore appeared cautious.

Market watchers speculated then that KFH had pulled out because it realised it had paid too much for the units and figured that reselling them quickly at a profit could be a difficult task.

Analyst estimates as to what a fair price for the apartments might be ranged from as low as $2,000 psf to nearly $2,900 psf.

KFH has bought two- and four-bedroom apartments and one penthouse unit, according to market sources. Its initial deal was for only four-bedroom units.

The sale price of $2,800 psf is still a benchmark for the Newton Circus area, said Savills Singapore’s director of marketing and business development, Mr Ku Swee Yong. The transaction also reflects KFH’s continued confidence in Singapore, he added.

Cushman & Wakefield managing director Donald Han added: ‘It is a reasonable price, given today’s market and considering the high quality specifications of the project.’

GuocoLand declined to comment on the transaction. It has yet to launch Goodwood Residence, something originally planned for the first quarter this year.

Guocoland’s stock rose one cent to $2.19 yesterday with 737,000 shares changing hands.

The shares have fallen 61 per cent this year.

Market Report

Goodwood Residence Market Report

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Goodwood Residence Rating: 5.0 out of 5 | Review By: Launch Property Singapore | ERA REALTY NETWORK PTE LTD | CEA Reg. No. L3002382K / R027596H | Connect with Launch Property Singapore @