MORI: Singapore’s New High-end Condo
Singapore zones have been one of the best places to invest in the globe. As an investor, though, you have full control over your investments. The Urban Redevelopment Authority divides Singapore into three zones namely the Core Central Region, Outside Central Region, and Rest of Central Region.
Some of Singapore’s most opulent districts may be found in the Core Central Region (CCR). The Central Business District (CBD), Districts 9–11, and Sentosa are all included. The CCR is highly sought because of its excellent location and beautiful high-end houses.
MORI, an upscale condominium by RL East Pte is ideally located along with the corners of Guillemard Road and Jalan Molek in District 14. A wholly-owned subsidiary, Roxy-Pacific Holdings Limited manages and operates RL East Pte Ltd. The land property was acquired for $93 million, marking it to be one of Singapore’s most expensive private home transactions.
RL East Pte Ltd, the developer, has been permitted to build a five and eight-story residential skyscraper with 137 units. A parking space on the first floor, a lap pool on the second level, and a communal landscaped promenade on the sixth floor will all be incorporated into the project.
With a maximum Gross Floor Area of about 103,97 square feet and a plot ratio of 2.8, the project has a land area of about 3,450 square meters. If the 10% balcony area is added, the GFA may be increased to 114,364 square feet.
As per the Urban Redevelopment Authority, the side closest to Guillemard Road may have only been 5-stories high, while the side facing Jalan Molek may only have a height of 8-stories.
Because of its excellent location only minutes from Singapore’s vibrant metropolis, MORI is perfect for your busy social life. Now let us take a peek at just about everything that the Royall Hallmark has to offer, including the nearby amenities.
Mori is not just the ideal home, it is also a great investment opportunity for real estate investors as it has a huge potential for excellent capital appreciation with the addition of high rental yield due to its excellent location.
Reasons to Acquire a Unit in MORI
- Convenient address in one of the most sought-after areas in District 14.
- Developed by the premier developer RL East Pte Ltd by Roxy Pacific Holdings.
- Connectivity through major roads like Pan Island Expressway and East Coast Parkway.
- If you desire capital appreciation, good rental income, a gorgeous location, and a luxurious lifestyle, investing in this area is a great choice.
- Among them are proximity to the proposed Paya Lebar Central Hub, Central Business District, and Marina Bay Sands.
Roxy-Pacific Holdings Limited is a holding company for investments. Along with its subsidiaries, the company works in the real estate and hotel industries. Its main business is developing and selling residential and commercial buildings. The Company is divided into three segments: the Hotel ownership category, which is concerned with hotel ownership; the Property development component, which is concerned with the development of properties on the market; and the property investment program which is concerned with the property investment industry to earn rental income and capital appreciation.
The Roxy Square Shopping Centre in Singapore is home to approximately 50 retail outlets owned by the company. In Australia, it has a freehold commercial property with 28-stories located at 59 Goulburn Street in Sydney’s central business district (CBD), as well as a stake in a 14-story freehold high rise at 117 Clarence Street in the CBD.
Roxy-Pacific is a well-known name in the property development industry for modest to medium-sized residential projects such as flats and condos aimed at the middle to higher middle-income sectors.
Check MORI Condo and take a peek at the amazing residential units.