Punggol Watertown

Coordinates: 1°24′24″N 103°54′7″E / 1.40667°N 103.90194°E / 1.40667; 103.90194

Watertown
Alternative names Punggol Watertown
General information
Type Residential condominiums
Location Punggol, Singapore
Completed Q4 2015 (Retail)
Q1 2017 (Residential)
Cost S$ 1.6 billion
Owner Far East Organization
Technical details
Floor count 11 to 14
Floor area 332,912 square feet (30,928.5 m2)
Lifts/elevators 42
Design and construction
Architect RSP Architects
Developer Frasers Centrepoint
Far East Organization
Sekisui House
Structural engineer Meinhardt (S) Pte Ltd
Main contractor Hyundai Engineering & Construction
Website
www.punggolwatertown.com
References
[1][2][3][4]

Watertown is a sustainable integrated development located in Punggol, Singapore. The project features a retail and residential component and is Punggol's first integrated waterfront development, with the Punggol Waterway located right next to the development.[5]

The residential component consists of 11 residential condominium towers ranging from 11 storeys to 14 storeys which are located above the retail component, the Waterway Point. Waterway Point is scheduled to be completed by Q4 2015 and the condominium is scheduled to be completed in Q1 of 2017.

History

The development was announced in October 2011 by property developer Frasers Centerpoint Limited. Jointly developed with Far East Organization and Sekisui House, it features 992 units comprising suites, SOHO apartments, sky patios, and condominium apartments.[2]

Retail

Waterway Point

Main article: Waterway Point
Waterway Point had its soft launch on January 18, 2016

Waterway Point comprises a mixed tenant of approximately 30% F&B, 40% retail, 15% entertainment, 15% others (education institutions, banks, civic & community amenities such as a library). It is the first mall in Singapore to be integrated with a town square and a visitors’ centre which provides an avenue for residents and the public to learn more about the heritage of Punggol through exhibitions and civic and community events.[6] The mall had a soft launch on January 18, 2016,[7] and was officially opened on April 19, 2016.[8]

Residential

Construction of Watertown in 2014.

Design

The condominium towers are designed to suit different lifestyles and has different apartment types. The first apartment style which is known as the Suites, ranges from 1-bedroom to 2-bedrooms which will have a floor area of 50 to 55 square metres. The second apartment style is known as SOHO (Small office, Home office), ranges from 2-bedrooms to 3-bedrooms and has a floor area of 55 to 78 square metres. The third apartment style known as the Condominiums, ranges from 2-bedrooms to 3-bedrooms with a floor area of 87 to 112 square metres. The last apartment style known as the Sky Patio, ranges from 2-bedrooms to 4-bedrooms will have a floor area of 91 to 136 square metres.

Green features

The residential towers features a sustainable design and was awarded the BCA Green Mark Gold Plus award in 2014. The building envelope of the towers are designed to minimize heat gain and the towers also features high performance glazing as well as cool paints to minimize heat gain as well. Extensive greenery is also incorporated into the condominium to reduce the island heat of Singapore and all lifts within the development uses regenerative drives to conserve energy. Appliances such as eco-friendly refrigerators, washing machines & air-conditioners are provided within each apartment. Gas water heaters are also provided for up to 73% of the units[4]

Facilities

There are various recreational facilities within the residential towers, such as swimming pools, BBQ cabana, deck terrace, landscape garden, gym, tennis court and spa steam rooms.[9]

Sales launch

On January 18, 2012, Far East Organisation launched a preview sales with 255 units and sold 160 units within the first 5 hours of the launch.[10] The official sales launch was on January 20, 2012 and prices for the apartments ranged from $980 to $1500 psf (per square foot).[11]

References

  1. "Watertown Fact Sheet". Water Town Punggol. Retrieved 3 December 2014.
  2. 1 2 "Announcement of Watertown" (PDF). Fraser and Neave. 5 Oct 2012. Retrieved 3 December 2014.
  3. "Hyundai E&C Wins $380 Mil. Watertown Complex Project in Singapore". The Korea Economic Daily. 31 Aug 2012. Retrieved 4 Dec 2014.
  4. 1 2 "Punggol Watertown (Residential)". BCA Green Mark. Retrieved 4 Dec 2014.
  5. "Upcoming Shopping Mall is significant addition to the new Punggol Waterfront project" (PDF). Fraser and Neave. Retrieved 3 July 2013.
  6. "PUNGGOL'S LEADING INTEGRATED WATERFRONT RESIDENTIAL AND RETAIL DEVELOPMENT SHAPING UP". Far East Organisation. 5 October 2012. Retrieved February 28, 2015.
  7. "Why Waterway Point is anchored for success". The Edge Property. January 22, 2016. Retrieved January 25, 2016.
  8. "Waterway Point officially opens". Channel News Asia. April 19, 2016. Retrieved April 20, 2016.
  9. "Punggol Watertown". Punggol. Retrieved 4 Dec 2014.
  10. "Watertown Attracts Strong Interest" (PDF). Far East Organisation. Retrieved 3 Dec 2014.
  11. "Residential Apartments near Punggol Waterway". Ong Poh Lin. 27 Jan 2012. Retrieved 3 Dec 2014.
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