Klimt Cairnhill, a freehold residential development, is the former Cairnhill Mansions enbloc that went up for enbloc last year. It is located in District 09 Cairnhill Road, one of Singapore’s most prestigious residential areas. The property was put up for sale by its owners, and property developer Low Keng Huat placed the highest bid of $362 million.
The former Cairnhill Mansions was built in 1963 and consisted of 61 spacious units that are 18 stories high. The former Cairnhill Villas has a site area of 43,103, which is considered one of the more prominent developments in the Cairnhill Road area. Glopeak Development Pte Ltd, a subsidiary of Low Keng Huat, will transform the property into an iconic high-rise development in the heart of Orchard.
Klimt Cairnhill is located in the heart of Singapore in District 09 Orchard, one of Singapore’s most desirable residential areas. Orchard’s prime location is Singapore’s traditional luxury real estate sector, and Klimt Cairnhill is located right in the center of this niche residential enclave. The area of Klimt Cairnhill is tucked away in a quiet corner of Cairnhill Road, making it a prime residential development away from the hustle and bustle of the city, a perfect home close to the core center.
Klimt Cairnhill location enjoys easy access to various amenities in the Orchard and Somerset area. The location is great for living due to its proximity to amenities, and Cairnhill Road is in a quiet corner despite its proximity to the town center. The location is peaceful and quiet.
Klimt Cairnhill is just minutes away from Orchard, Somerset and Dhoby Ghaut, making it a very accessible location that is also close to Raffles Place and Suntec City. It is an excellent property for investment if investors are looking for a core city new build with full condo facilities. Klimt Cairnhill also has strong rental potential as tenants typically look for brand new developments with modern amenities to stay. Klimt Cairnhill also sits on a large lot and therefore has full amenities, making it perfect for renters who want full amenities in a new development in the core city center.
The location of Klimt Cairnhill seems convenient to most things. It’s about a 6-minute walk from the Newton MRT interchange, which connects the North-South and Downtown MRT lines. It is a similar walking distance, via Anthony Road, to the famous (or infamous) Newton Food Center.
With the popularity of Orchard as well as the core of the city, owners of Klimt Cairnhill have easy access to many of the international schools located near Klimt Cairnhill as well as the Orchard area, and therefore the location is perfect for families looking for an established school to send their children to.
Food choices and various dining options are also one of the main criteria for choosing a residence for your own stay. Property owners do not want the inconvenience of driving far just to get their meals. Therefore, residents of Klimt Cairnhill will enjoy the convenience of being near a number of restaurants in the Shophouse along Cairnhill Road and Far East Plaza, which is just a short walk away.
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Founded in 1969, Low Keng Huat is a world-renowned construction company that has completed numerous world-class projects around the world. Known for property development, hotel management and real estate investment, the group has a number of premium properties in Singapore, Malaysia, China and Australia under its umbrella.
Many of the qualities that appeal to buyers looking for a home could also attract potential renters. And, fortunately, there are plenty of those in this area. There is a strong catchment of tenants from the Orchard Road,CBD, and those from the Novena Medical Cluster.
Novena is gaining prominence and size as a medical hub. At URA’s Master Plan, it is poised to become one of the largest healthcare complexes in Singapore. Even before that, the Orchard / Newton / Novena area has traditionally enjoyed very healthy rental demand. Records on the URA website show an encouraging number of leases signed each month.