Zion Residences, a 99 Years condominium development in District 3, offers approximately 955 residential units suitable for families and professionals. Developed by City Developments Limited (CDL) & Mitsui Fudosan, the project is conveniently located on Zion Road, just a 5-minute walk from Havelock MRT Station. The development features a variety of unit types ranging from 1-5 bedrooms to cater to different buyer preferences. Its proximity to Havelock MRT station ensures excellent connectivity to public transport, making it an attractive choice for residents. Showflat Preview On Q4 2024.
Zion Residences
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- Convenience Beyond the Doorstep: While Havelock MRT provides immediate connectivity, a well-developed bus network is essential. Evaluate the bus routes and assess their efficiency in connecting you to your workplace or frequented areas.
- Proximity to Major Transportation Routes: The development provides easy access to major transportation routes, ensuring residents can navigate the city with ease. This accessibility is a significant advantage for daily commuters and anyone looking to explore Singapore.
- Luxurious Amenities: Residents of Zion Residences can enjoy a wide range of luxurious amenities. These include state-of-the-art fitness centers, refreshing swimming pools, serene spa facilities, and more, catering to the discerning needs of its residents.
- Developed by reputable companies: Zion Residences is by City Developments Limited (CDL) & Mitsui Fudosan, being established developers in Singapore. This can give potential buyers assurance on the quality of construction and overall project management.
The Buying Process for Zion Residences
Zion Residences Showflat on Q4 2024
Zion Residences Factsheet
Project | Zion Residences |
Tenure | 99 Years |
Developer | City Developments Limited (CDL) & Mitsui Fudosan |
Plot Ratio | 5.6 |
No. of Units | Est 955 Units |
No. of Storeys | Est of 35 storeys |
Site Area | 16,250 sqm / 162,535 sq ft |
Address | Zion Road |
District | 3 |
Neighbourhood | Tanglin |
Expected TOP | 2028 |
Description | Zion Residences, situated at Zion Road in D3, stands as a project by City Developments Limited (CDL) & Mitsui Fudosan. This development presents a diverse selection of 1-5 bedroom units, catering to a broad spectrum of buyers and investors. For a detailed exploration of Zion Residences, visit https://nexthomesg.com/properties/zion-residences/. |
Location – Neighbourhood & Transportation
Zion Residences is an esteemed residential development situated along Zion Road in District 9, Singapore. This prime location provides a harmonious blend of urban vibrancy and peaceful living.
Prime Location in River Valley
Nestled in the heart of Singapore’s River Valley precinct, Zion Residences offers residents the thrill of city life coupled with a tranquil environment. This strategic placement ensures proximity to a multitude of amenities and conveniences.
Superior Connectivity
- MRT Access: A short 5-minute stroll through an underground linkway connects residents to both Havelock and Great World MRT stations. These stations are part of the Thomson-East Coast Line, ensuring effortless travel across Singapore.
- Driving Convenience: For those who drive, the Central Expressway (CTE) is just a 5-minute drive away, providing quick and easy access to various parts of the island.
Key Highlights of Location
- Urban & Tranquil: Enjoy the best of both worlds with the excitement of city living and the calmness of a serene habitat.
- Effortless Connectivity: Seamless access to MRT stations and major expressways.
- Prime District: Located in District 9, one of Singapore’s most prestigious areas.
Nearby Amenities
Zion Residences: A Perfect Blend of Convenience and Luxury in District 09
Prime Location and Nearby Amenities
Zion Residences is a distinguished development located in the prime District 09 of Singapore, offering a harmonious blend of convenience and luxury living. This analysis focuses on the nearby amenities, specifically within a 1km radius for primary schools, the broader educational landscape, shopping malls, and parks and recreation facilities that enrich the living experience for its residents.
Nearby Primary Schools Within 1km
Zion Residences is strategically positioned near several reputable primary schools, ensuring that families with young children have access to quality education within close proximity. The primary schools within a 1km radius include:
- River Valley Primary School: Known for its high academic standards and holistic approach to education.
- Alexandra Primary School: Offers a nurturing and innovative learning environment for young learners.
- Zhangde Primary School: Focuses on character development and academic excellence.
These schools are renowned for their commitment to providing a well-rounded education, making Zion Residences an ideal choice for families prioritizing educational opportunities for their children.
Nearby Education and Schools
Beyond primary education, Zion Residences is surrounded by a variety of educational institutions catering to different age groups and interests:
- Outram Secondary School: Offers secondary education with a focus on character and academic development.
- Gan Eng Seng School: A secondary school with a rich history and a commitment to holistic education.
- School of The Arts (SOTA): Provides specialized programs in the arts for secondary and post-secondary education.
- Management Development Institute of Singapore (MDIS): Offers a wide range of diploma, undergraduate, and postgraduate courses.
- International Schools: Such as Overseas Family School, ISS International School, and Chatsworth International School, known for their multicultural learning environments.
These institutions ensure that residents have access to a diverse range of educational opportunities, from primary to tertiary levels, including specialized and international curriculums.
Nearby Shopping Malls
For shopping and leisure, residents of Zion Residences are spoilt for choice with several malls within easy reach:
- Great World City: A comprehensive shopping destination offering a wide range of retail, dining, and entertainment options.
- Valley Point: Known for its boutique shopping experience and dining options.
These malls cater to the daily needs and lifestyle preferences of the residents, providing a convenient and enjoyable shopping experience.
Parks and Recreation
Zion Residences is also close to several parks and recreational areas, offering residents opportunities for outdoor activities and relaxation:
- Tiong Bahru Park: A neighborhood park known for its iconic train playground and green spaces.
- Fort Canning Park: Offers a blend of historical landmarks and natural beauty, ideal for leisurely walks and cultural exploration.
- Alexandra Canal Linear Park: Provides a serene environment for jogging, cycling, or leisurely strolls.
- Singapore River: The vicinity to the Singapore River allows for riverside walks and activities, enhancing the living experience with scenic views and a tranquil environment.
These green spaces and recreational facilities contribute to the quality of life for residents, offering a respite from the urban hustle and promoting a healthy and active lifestyle.
Floor Plans & Site Plan
Zion Residences, a premier mixed-use development, is situated in a prime location in Singapore. This sophisticated development offers an array of residential and commercial units, catering to a variety of lifestyles and preferences. Modern design, a strategic location, and comprehensive amenities define this remarkable property.
Floor Plans
Zion Residences presents a diverse selection of unit types, ensuring that every resident finds their perfect home. The units range from one-bedroom apartments to lavish penthouses, all designed with luxurious living in mind.
1-Bedroom Units
Ideal for singles or couples, these units feature:
- An open-plan concept maximizing space and natural light
- A modern kitchen
- A comfortable living area
- A balcony with stunning views
2-Bedroom Units
Perfect for small families or professionals, these units offer:
- Spacious bedrooms
- Two bathrooms
- A well-appointed living and dining area
3-Bedroom Units
Designed for growing families, these units include:
- A master suite with an ensuite bathroom
- Two additional bedrooms
- A shared bathroom
- A large living and dining area
4-Bedroom Units
Representing luxury living, these units feature:
- Large master suites with walk-in closets and ensuite bathrooms
- Three additional bedrooms
- A spacious kitchen
- Expansive living and dining areas
5-Bedroom Penthouse Units
For the ultimate in luxury, the penthouses offer:
- Lavish master suites
- Multiple balconies or terraces
- Premium fittings
- Breathtaking panoramic views of the city
Each floor plan is thoughtfully designed to maximize space utilization and comfort.
Site Plan
Zion Residences is meticulously planned to provide both luxury and convenience.
Amenities
Residents can enjoy a wide range of amenities, including:
- A swimming pool
- A state-of-the-art gymnasium
- BBQ pits
- Function rooms
- A clubhouse
- Landscaped gardens with walking and jogging trails
- A children’s play area
- Ample car parking spaces
These facilities cater to residents’ fitness, social, and recreational needs.
Residential Blocks
The residential blocks are strategically positioned to:
- Ensure optimal sunlight and ventilation
- Minimize direct heat exposure
- Promote a sense of space and openness with scenic views of the cityscape, Singapore River, or landscaped courtyards
Sustainability
The developer has incorporated sustainable design principles, including:
- Natural ventilation and lighting
- Green roofs
- Landscaped areas to reduce heat gain and enhance aesthetics
Strategic Location
Zion Residences offers unparalleled convenience with its proximity to:
- Havelock and Great World MRT stations via an underground linkway
- Central Expressway (CTE)
- Leisure activities, good schools, and shopping malls
Zion Residences is designed to provide an exceptional living experience with its blend of luxury, convenience, and sustainability.
Price List & Price Background
Zion Residences, a luxurious residential development in Singapore, has attracted significant attention due to its strategic location, premium amenities, and the prestigious collaboration between City Developments Limited (CDL) and Mitsui Fudosan. This development offers an exceptional value proposition for potential buyers and investors.
Pricing Strategy
Estimated Price Range
Zion Residences is estimated to be priced between S$2,400 and S$2,800 per square foot (psf). This price range reflects the development’s premium positioning in the market, appealing to those seeking luxury living spaces in a prime location.
Unit Mix
The development offers a mix of 1-5 bedroom units, catering to a diverse range of property buyers and investors. This variety ensures that there is a suitable option for everyone, whether they are looking for a cozy one-bedroom apartment or a spacious five-bedroom home.
Price Background
Land Bid Price
The land for Zion Residences was awarded to a joint venture between CDL and Mitsui Fudosan at a bid price of S$1,202 per square foot per plot ratio (psf ppr). This sets a significant benchmark for the development’s pricing strategy.
Breakeven Price
Market analysts estimate that the breakeven price for Zion Residences could range between S$2,400 psf and S$2,600 psf, depending on technical and construction costs. This breakeven price provides a foundation for the estimated selling price range of S$2,400 to S$2,800 psf, giving potential buyers an insight into the development’s value.
Factors Influencing Pricing Strategy
- Prime Location in District 9
- Seamless connectivity to the CBD, Orchard Road, and major expressways.
- Luxurious Amenities
- High-end facilities designed for comfort and convenience.
- Future Growth Potential
- Upcoming URA Master Plan enhancements in the vicinity.
- Expected improvements in connectivity, green spaces, and healthcare facilities.
Developer Background
Zion Residences, an iconic venture in Singapore, is the result of a prestigious collaboration between City Developments Limited (CDL) and Mitsui Fudosan. This partnership merges the exceptional expertise and reputation of two leading real estate giants, ensuring an unmatched living experience for residents.
City Developments Limited (CDL)
- Global Reach: Operating in 103 locations across 29 countries and regions.
- Rich Experience: Over five decades in real estate development, investment, and management.
- Impressive Portfolio: Developed over 43,000 homes and over 18 million square feet of lettable floor area globally.
- Sustainability Leader: Recognized for its commitment to sustainability and positive community impact.
Mitsui Fudosan
- Market Leader: Japan’s largest property developer by market capitalization.
- Diverse Portfolio: Extensive experience in residential, commercial, and mixed-use developments.
- Innovation and Quality: A focus on enriching lives through innovative and sustainable projects.
A Synergistic Partnership
The joint venture between CDL and Mitsui Fudosan for Zion Residences exemplifies a harmonious blend of CDL’s local proficiency and Mitsui Fudosan’s international prowess. This alliance promises to deliver a development that stands out in architectural excellence, luxury living, and sustainability.
Strategic Location and Development Vision
Located along Zion Road in District 9, Zion Residences benefits from a prime location. The site was secured through a government land sale (GLS) tender with a winning bid of S$1.1 billion, reflecting a land rate of $1,202 per square foot per plot ratio (psf ppr). The development’s mixed-use nature—residential, commercial, and serviced apartments—makes it an ideal choice for urban living.
Meeting Rising Rental Demand
Zion Residences is part of Singapore’s broader initiative to develop rental housing as a viable alternative to home purchases. This project marks a significant milestone with Singapore’s first land designated for long-stay rental apartments, addressing the increasing demand in the private housing rental market.
Why Choose Zion Residences?
- Prime Location: Situated in the heart of District 9, offering unparalleled convenience and connectivity.
- Luxury Living: Combining architectural excellence with premium amenities for a luxurious lifestyle.
- Sustainable Design: Commitment to sustainability ensures an eco-friendly living environment.
- Comprehensive Amenities: Featuring residential units, commercial spaces, and serviced apartments for diverse needs.
Zion Residences stands as a testament to the successful collaboration between CDL and Mitsui Fudosan. This landmark development is set to redefine urban living in Singapore with its unique blend of luxury, sustainability, and strategic location.
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Zion Residences
Zion Road