Nouvel 18 | 明筑 | Market on The Move

6 April 2020: Nouvel 18 sold 25 units.  balance units including 19 sets of 4-bedroom + study units，5 sets of 3-bedroom + study units.

28 Jan 2020: Nouvel 18 sold 3-bedroom #05-05, 3-bedroom + study unit #19-01.

31 July 2020: Nouvel 18 sold 16 units, 90% of buyers are Chinese clients.

  Nouvel 18 |名筑 | Freehold Luxury condo in Anderson Road

 Nouvel 18 | 名筑 | Location and Amenities

Nouvel 18 is ideally located in the Anderson Road/Ardmore Park enclave, which is one of the most exclusive and luxurious private residential areas in Singapore. This is the home of many famous domestic and international businessmen. The condo is close to the famous Orchard Road shopping street and the Bukit Timah private residential area. The estate enclave is full of luxury condos such as Le Nouvel Ardmore, Ardmore Park and Sculptura Ardmore. It also extends to the Draycott Park area where The Draycott, Draycott 8 and The Claymore are also

The prestige of Nouvel 18 is reflected not only in its excellent location but also in its enviable surroundings. Situated next to the Shangri-La Hotel Raffles Girls’ Secondary School, Nouvel 18 is next door to the shopping paradise of Orchard Road, it is the perfect destination for shopping malls, star hotels and specialist stores. What’s more, Nouvel 18 is close to Embassy Row, Singapore Botanical Gardens and Goodwood Hill.

Nouvel 18 is in the vicinity of Stevens, Orchard and Newton MRT Interchanges. Motorists can easily get access the PIE and CTE Expressway entrances via Stevens Road and Orchard Road. It’s easy to get around: 1) around 10-minute drive to CBD and Marina Bay area, 20-minute drive to Changi International Airport. It’s no doubt that the south-after address is attractive to many high net worth individuals because of its excellent surrounding facilities and convenient transportation.

For those with children in school, besides Raffles Girls’ Secondary School, Nouvel 18 is also close to the Anglo-Chinese School on Bukit Timah Road and Singapore Chinese Girls’ School. The condo is also close to some international schools such as ISS International School, Chatsworth International School, Swedish Supplementary School, Finnish Supplementary School, Norwegian Supplementary School, Tanglin Trust International School, Anglo-Chinese International School and Eton House International School. Nearby colleges and universities include the National Univerity of Singapore (Bukit Timah), The University of Chicago Booth School of Business, Singapore Management University and Nanyang Academy Of Fine Arts, School of the Arts of Singapore, etc.

The luxury Nouvel 18 is in the close proximity of The Tanglin Club Sports Complex, American Club and Raffles Town Club for recreational activities. family and friends’ gathering.  The country’s first UNESCO Heritage Site – Singapore Botanic Garden and charming Dempsey Hill are the good destinations for pleasant outdoors, and specialist and colorful western and Chinese dining.

Nouvel 18 is located in a prime District 10, where no short of healthcare facilities. A few minutes’ drive to the west is the Gleneagles Hospital and Medical Centre on Napier Road and the Camden Medical Centre. There are Mount Elizabeth Hospital &Medical Centre and Paragon Medical Central on Orchard Road. Health City Novena is also a 5-minute drive away, which is the home to Chen Tock Seng Hospital, Elizabeth Hospital and other national health care facilities.

Nouvel 18 |名筑 | Site Plan and Amenities

Designed by French architect Jean Nouvel, Nouvel 18 (名筑) is the epitome of luxury living in the Ardmore and Anderson enclaves. The luxury condo is a prestige modern, the combination of nature’s inspiration and French sophistication. With only 156 exquisite units occuping a land size of  6157 sqft, , Nouvel 18, the freehold 36-storey development of two towers is a dramatic, modernist form that infuses life with nature to create a voice that engages the city.

In the prime and lush Ardmore and Anderson enclaves, the main tower showcases a network of vertical greenery amidst a striking façade. The masterful arrangement of complementary tones of glass, creates an ever-changing palette from every different angle. The elegant beauty of the singular square tower is also further enhanced by having all four frontages distinctively unique, making Nouvel 18 a true architecture masterpiece that is set to redefine the Singapore skyline.

The development reveals its elegant soul at night, through the lighting mastery of L’Observatoire International.  Based in New York, this award-winning lighting design and consulting firm creates a sophisticated tapestry of light to enhance an ambience of true luxury that could be appreciated both near and far.

When night falls, artfully positioned lighting turns the landscaping of Nouvel 18 into an emerald green beacon of nature that flows from the ground up into the sky. Landscape areas and sky terraces are also transformed by subtle lighting, creating a luxuriously inviting mood that seduces the senses. And in the spectacular sky gardens, unique organic lanterns seemingly grow from the trees to cast soft light upon pathways dotted with enchanting lamps which are designed exclusively for Nouvel 18. The play of light and shadows is almost whimsical; the effect, simply breathtaking.  The subtle lighting creates an inviting mood to seduce the senses, transforming the eight sky terraces into luxurious relaxation havens.

Luxury knows no bounds at Nouvel 18. Elevating from ground level and rising high to the sky, a lavish flow of relaxation and recreational selections await your exclusive indulgence. Be spoilt for choice by the themed sky terraces that grace the residential towers, each uniquely different with its offering of facilities. Nouvel 18 has so much to offer, one need not have to leave home to truly live it up.

Level 2 – The Club

Have a party inside or out? The Club lets you do both with its indoor and outdoor gourmet terraces. For entertainment, enjoy a movie together in the screening room or rest and relax in the steam rooms.

Level 10 – Forest Conservatory

In the company of towering trees, this is the perfect place to meet and bond with friends and loved ones for idyllic conversations and gatherings.

Level 11- Fitness Arena

A gymnasium and fitness area in the sky, this is fitness elevated to new heights. Work out to the rhythm of rustling leaves and take in the breathtaking views of the city below.

Level 11 – Therapeutic Patio

Escape from the hustle and bustle of the city into this intimate garden. Tall trees and tropical flora create a relaxing hideaway where you can immerse yourself in the rejuvenating waters of the whirlpool jacuzzis.

Level 14 – Wellness Terrace

Take to the waters high above the city for a unique workout in the Aqua Gym surrounded by nature. Here, you can tone, sculpt and challenge your body with high-energy, yet low-impact exercises in the water.

Level 14 – Gourmet Pavilion

Invite your guests to an extraordinary party at this exquisite al fresco venue that comes with an open kitchen for a gourmet showcase, and a magnificent city backdrop to bring your dining experience to an all-time high.

Level 14 – Aqua Veranda

Immerse in the tranquillity of lounging in the leisure pool amidst lush foliage. Let the beauty of nature inspire you, and emerge freshly rejuvenated after a relaxing swim.

Level 19 Sky Botanique

By day, enjoy the verdant greenery with an inspiring book in hand or catch up with friends over afternoon tea. By night, create a perfect party setting where cocktails and cognac complement the sparkling views of the city.

Level 24 Meditation Garden

Discover inner peace at the highest garden of Nouvel 18. Embrace the captivating views of the city and be one with the world as you enjoy your yoga, tai chi or meditation session.

Nouvel 18 | 名筑 | Unit Layout and Interior Design

Nouvel 18 (名筑) will offer an exclusive number of 156 residences of freehold status, prepare to take your place among the world’s exclusive few to enjoy a life here. For your discerning selection, an exquisite range of residential types are presented before you. Choose from 2 + study, 3-bedroom, 3+ study or 4-bedroom + study luxury residences, right up to the ultimate in fine living: the penthouses. Here, each and every residence offers a seemingly boundless flow of space, thanks to the extreme attention to the layout design. Crafted and finished with designer fittings sourced from the world over, the privilege of ownership is indeed a prerogative worth indulging.

Superiority and sophistication are apparent in the work of a master. Expect only the best in class, from ingenious space design to exclusive fittings. The Kitchen is equipped with a complete range of Miele appliances, including fridge, steam oven, cook hob and hood, coffee machine, wine chiller and dish washer. Every nook and corner within Nouvel 18 surpasses expectations and is impeccably finished, with living and dining areas laid in marble.             

Exquisite elegance retreat to the most luxurious oasis in the house. Relax in comfort in the spacious master bedroom that is laid with natural oak flooring for a warm and inviting ambience. large windows allow you to soak in the beauty of the views from the moment you are awake.

Selected residences are adorned with premium features in the master bedroom to pamper you with unparalleled luxury. These include a spacious walk-in wardrobe,  a his and hers vanity counter in the ensuite bathroom and indulgent long bath you can stretch fully for a relaxing bath.                                                                                                                                                                                                    

• Nouvel 18 living and dining ID treatment

• Nouvel 18 bedroom ID treatment

Nouvel 18 | 名筑 | Floor Plans

Take a 360° virtual tour on Nouvel 18 selected units

Nouvel 18 | 铂瑞雅居| CCR Market analysis

Nouvel 18 is in the Anderson Road/Ardmore Park enclave in prime District 10 of Core Centre Region (CCR). CCR region is down the ages famous for its many clusters of upscale private condominiums and apartments. The CCR residential market is also the most luxurious house segment where many properties sell at the most premium prices, for example, easily across $3000psf.

Singapore private home market has entered the new uptrend cycle after the soar of land bid from both Collective Sales from developers and Government Land Sales (GLS) Programme during the period from 2016 to 2018. According to the URA reported in January 2020, Singapore private home prices rose 2.7% in 2019, as compared with the 7.9% increase in 2018. In 2019, new private residential property sales by developers increased 12.7 per cent to 9,912 units too.

There is a genuine, underlying demand for the private home. The increase in new sales transactions and growth in overall prices indicate the resilience of private residential property.  In 2020, Market watchers expect the market trends to be similar to 2019, given that market fundamentals remain unchanged: interest rates are expected to remain low, while the economy is expected to improve slightly in 2020.

For CCR housing market, the overall price index decrease 1.7%, as compared to the increase of 6.7% in 2018, while the prices in City Fringe and mass market increased by 2.8% and 4.2% respectively. According to the URA media release, the transaction volume and price index are still in line with the historical trend, which demonstrates the sustainability of high-end residential market. 2019 observed a series of new high prices in many hallmark areas, such as Holland Village, Newton Circus, River Valley, Outram Park, East Coast and so on. In 2020, it’s expected that around 4,000 new non-landed residential units 23 projects could be launched in 2020 in the CCR region, while 6,000 units across 22 projects are expected to be launched in city-fringe region.

The new cycle of En Bloc sales fever has taken place in the residential market since 2016, given that the numbers of unsold developer projects hit the historical low and increasingly fierce competition in Government Land Sales (GLS) Programme. The land costs for private condominium projects have island-wide increased varying from 15% to 20% in different regions in 2018, not mentioned the benchmark land cost in 2016. In CCR market, the average land cost was over $1800psf in 2018, which transferred the average new development launch price in 2019 to jump up to among $2800 to 3500psf.  During last year, it has been transacted over $4000psf in the most prestigious Nassim Road, Orchard Boulevard, Ardmore Park, and Marina Bay area.

The high-end residential market has turned up following the rise of higher land cost since 2017. New sales price tag replace the old one that more new condo projects in city area have been sold at higher prices. High-end housing market have running into a new uptrend cycle that sales price across $3000 psf is not a miracle any more.

1) In city-fringe, freehold Sky Everton in Outram Park sold over $2550 psf at average, a $2895psf price was transacted for a high floor 2-bedroom unit. For 99-year leasehold project One Pearl Bank in Outram Park, there are around 50 units sold over $2500 psf. The highest transacted price is $2875 for some 36^th floor 3 bedroom units.

2) In the East Coast area, prime District 15, freehold project in Amber Road – Coastline Residences sold some 2 bedroom unit at $3,010 psf, together with other 5 unit sold over $2,800 psf in 2019. Even in the mass market, the integrated residential development next to Bangkok MRT Station – Sengkang Grand Residences have sold over 45 unit at above $1800 psf, the highest transaction price was $1,898 psf. This is absolutely incredible.

3) In the Orchard upscale area, like Orchard Boulevard, ultra-luxury new residential development, Boulevard 88 have witnessed its 4 penthouse units transacted around $4,899～$5,125 psf in 2019. Another neighbor luxury development – 3 Orchard By The Park sold its 2 penthouse units around $4,638 to $4,805 psf in 2019. Across the road, TwentyOne Angullia Park sold its last 7,718sqft penthouse unit at $4,146 psf in 2019.

4) In Dhoby Ghaut area, 99-year leasehold new condo Haus On Handy sold new record price for its 969 sqft unit at $2,913psf in 2019. Other 30 units from the new launch was sold over $2830 psf in 2019. It’s not believable that one year ago, the latest completion 99-year leasehold development in the close vicinity – Sophia Hills was sold only averagely at $1900 to 2200psf.

5) In Jiat Kim Street area, the fringe of River Valley enclave, luxury new condo – Riviere was transacted at average price of $2886psf in 2019, with 7 units was sold over $3000psf. The highest price was done at $3,305psf by some 1-bedroom unit at 36^th floor in June 2019, following the 2^nd highest price at $3,247psf was transacted for some 4-bedroomwith unit at 35^th floor with size of 2002sqft.

6) In the charming Holland Village area, the blockbuster new launch – the mixed development – One Holland Village Residences set up the historical high transaction prices since Nov 2019. Over 120 units was sold at between $2600 to $3300psf since then. The highest price was transacted for some high-floor duplex 4 bedroom at eye-catching $3363psf.  Another bouquet freehold new launch -Van Holland which is opposite to Holland Village sold over 10 units in Jan 2020 with average prices at $2950psf. Following this trend, another mega freehold new condo-Leedon Green in Leedon Heights launched in Jan 2020 and sold over 30 units with average transaction prices at between $2600 to $2900psf.

7) In Tanjong Pager, CBD area, Skyscraper luxury newly-completed condo – Wallich Residence sold its 2 junior penthouse units (59^th, 60^th floor, 3509sqft) between $4702 to $4987psf in 2019. In the rising star CBD area, along west side of Beach Road, South Beach Residences sold 2 penthouse units (42^th floor- 6,728sqft, 45^th floor- 4,424sqft) between $3,865 to $3,888psf during the period  of 2018 to 2019.

By reviewing those recent record-breaking transactions done in the residential market, it’s quite new normal for the high-end luxury new condo to be transacted across $3000~$3500psf. What if it is a brand-new, luxury development with communal facilities in the coveted address like Cuscaden Road? There is more than a decade since the Government sell a residential site in the Orchard -Cascaden- Orchard Boulevard area.

In the above table, we just summarize the major new launches close to Orchard Shopping belt in recent years. You can justify how rationale are the latest launch prices for Nouvel 18 when you read the recent transactions. The average price are above $3500psf. Given its rare supply along Orchard Boulevard enclave for luxury freehold developments, Nouvel 18 is very popular among the high-net worth buyers not mention that the reputable developer City Developments and the renown Architect, Jean Nouvel.