District 03 - Ascentia Sky along Alexandra Road, next to Redhill MRT Station

Inspired by sweeping views of vast greenery and blue skies, Ascentia Sky at the fringe of good class bungalows in Tanglin defines a new lifestyle for aspiring modern cosmopolites.
A vision of a bold and contemporary 45-storey development, expressed by imagery of glass boxes and gardens suspended poetically amidst the sky, creates an eco-habitat appearance in harmony with the tranquil surroundings. Dominating the skyline with rhythmic green vistas, Ascentia Sky is the tallest residence in the Tanglin/ Alexandra locale. The multitude sky gardens with its respective thematic recreational facilities are beautifully choreographed together for a unique blend of spatial experience and chic lifestyle living.
As a super high-rise building, Ascentia Sky will offer panoramic views of Bt Timah Hill, Tanglin greens and the dazzling city skyline. Living and dining rooms open out to a lifestyle balcony, enhancing the sensory experience of an effortless flow between spaces. With over 300 units, the approximate unit sizes are indicated below and final area will be confirmed later:
2-Bedroom type - approximately 1,000 sq ft
3-Bedroom type - approximately 1,500 sq ft
4-bedroom type - approximately 1,800 sq ft
Ascentia Sky is in a prime spot on the fringe of prestigious Tanglin district, with good connectivity convenience to Orchard Road and the Central Business District. Enjoy the city buzz with the exhilarating nightlife along Singapore River, world-class entertainment, leisure and integrated resorts in Marina Bay and Sentosa or seek an urban retreat in the nearby Botanic Gardens, Hort Park and numerous parks nearby.

Project: Ascentia Sky
Developer: WingTaiAsia,
Type: Condominium
Location: Alexandra Road, Singapore
Tenure: Leasehold
Site area: 8,558.9 sq m (92,128 sq ft)


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SINGAPORE : Dated 27-December 2007
The tender for the residential site at Alexandra Road has attracted six bids.
The top bid of S$288.38 million was submitted by a partnership between Wing Tai and United Engineers.
The price works out to S$639 per square foot per plot ratio.
According to property consultants CB Richard Ellis, that works out to 31 percent above the reserve price, and more than 82% higher than the S$350 psf/plot ratio paid for the adjacent site at The Metropolitan in November 2005.
CB Richard Ellis estimates that a new condo project built on the site will have a breakeven price of S$1,000 per square foot. It expects units there to sell for between $1,100 and $1,200 per square foot.
Meanwhile, property consultant Knight Frank says the relatively high level of developers' interest and the strong bids show that developers are still bullish on the Singapore property market in 2008.
A decision on the award of the tender will be made after the bids have been evaluated.
Source - CNA /ls