Sunday, October 2, 2011

First look at CapitaLand's upcoming project at Bishan Central

This video has been circulating for a few weeks now. It depicts the upcoming condominium project at Bishan Central, which is jointly developed by CapitaLand Residential Singapore and Mitsubishi Estate Asia.

Located on a 129,137sqft site that is near to the Bishan MRT Station, the condominium project will comprise approximately 500 apartments across two 38-storey towers.

Following the launches of CapitaLand's two other condo projects that were designed by world renowed artchitects - The Interlace (Ole Scheeren) and d'Leedon (Zaha Hadid), the project at Bishan Central will be designed by another renowned international architect and urban planner, Moshe Safdie.

Mr. Moshe Safdie is no stranger to Singapore - he had worked on a few projects in the country since the 70s. Two condominiums - Ardmore Park and The Edge on Cairnhill - were designed by this superstar architect. He also worked with the Urban Redevelopment Authority (URA) and Housing Development Board (HDB) on the planning of Sengkang new town. Mr. Safdie is also the designer of Marina Bay Sands.

The 71-year-old, who is currently based in Boston, is known for his groundbreaking residential piece titled Habitat '67 - a complex cellular residential project that features building blocks placed on top of one another. This masterpiece propelled him onto the world stage and he has since worked on numerous projects around the world, such as the national musuem of the Sikh people in Punjab, India and Mamilla Alrov Centre, an urban centre near the old City in Jerusalem, just to name a few.

CapitaLand Residential Singapore acquired the 99-year leasehold site at Bishan Central for $550.1 million in February 2011. Design and development works are in progress and the condominium is targeted to be launched in the first half of 2012.

The breakeven price for this project is expected to be around $1,300psf and selling price is said to be upwards of $1,450psf.

Enjoy the video!



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