Cuscaden Reserve is a new launch upscale residential development located at Cuscaden Road, a super prime location in Orchard area. Cuscaden Reserve is jointly developed by renowned luxury property developer SC Global and its partners, Hong Kong-based Far East Consortium International and New World Development.
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The land is acquired by the developers in a Government Land Sales bidding, where 9 bids were received, and the highest bid of $410 million came from SC Global.
The $410 million bid for the 61,597 sqft, 99 year leasehold land site worked out to be $2,377 psf per plot ration. Based on the land price, the breakeven for Cuscaden Reserve/Petit Cuscaden is estimated to be around $3,100 psf, with selling price in the range of $3,500 to $3700.
With a land area of over 61,000 sqft and dual frontages along both Cuscaden Road and Orchard Boulevard, Cuscaden Reserve/Petit Cuscaden offers panoramic views over the Orchard Road skyline, Botanic Gardens, and Chatsworth Park Good Class Bungalow area.
It’s a prime location that’s in the heart of Orchard, where it’s surrounded by world class shopping malls, restaurants, lifestyle and entertainment options, bars and pubs, and much more.
Petit Collectibles by SC Global
SC Global, as one of the leading luxury property developer, has 2 projects in the pipeline. Both will be launched under SC Global’s new line of projects, called Petit Collectibles. Petit Collectibles, which for now consist of Petit Jervois and Petit Cuscaden, will features predominantly 1 and 2 bedroom units.
The iconic feature of Petit Collectibles series will be units that offer living spaces with flexible functionality, smaller in size and yet functional in layout and therefore maximising the spaciousness, while offering top class level of luxury and opulent finishes.
The first project under this new series is Petit Jervois, located at Jervois Road in district 10, a highly exclusive and prestigious address. It’s in a Good Class Bungalow enclave, where bungalows are selling for $20-30 millions easily. Second to launch willbe Petit Cuscaden, located right at the heart of Orchard, one of the most famous shopping belts in the world.
SC Global has been renowned for building top of the range high end condos for many years. Some of the most famous and most expensive luxury condos are The Marq at Paterson, Sculptura at Ardmore, Hilltop at Cairnhill, and Martin 38. The penthouse of Sculptura at Ardmore set the record in the Singapore real estate market, sold for $60 million to the Co-Founder of Facebook. Whereas The Marq at Paterson were selling at $5000+ psf, setting PSF record in the past.
Property near Orchard area, mainly district 9 and prime district 10, are some of the most sought after by home buyers and property investors. It’s also where some of the most posh and extravagance condominiums are found in Singapore, where the rich and famous live.
Many positive attributes in Orchard are appealing to this group of highly discerning and savvy property buyers. Go HERE to check out some of the reasons why home buyer like to buy property near Orchard.
Other than Petit Cuscaden, some of the luxury condos near Orchard are as below:
- 3 Cuscaden Condo at 3 Cuscaden Walk (Freehold): New launch condo and will complete in 2022.
- RV Altitude condo at River Valley Road (Freehold): New launch condo and will complete in 2022.
- 8 St Thomas at River Valley Road (Freehold): High end condo with full condo facilities, newly completed in 2018.
- New Futura at Leonie Hill Road (Freehold): Luxury condo with full condo facilities, newly completed in 2017.
- Twenty One Angullia Park (Freehold): Luxury condo very near Orchard MRT, completed in 2016.
- Many others, more info go HERE.
Other Luxury Condos in Singapore:
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