Space and privacy play key roles in multi-generational homes, and Fraxtor Capital understands this well. The property developer has recently launched Haig Villas — a trio of houses at 187, 189 and 191 Haig Road – configured specially for large families.
Designed by Create Architecture, Haig Villas stands out at five storeys tall with a road-level basement. Vertical façade fins, which accentuate the volume and height of the structure, also serve to provide privacy to the homeowners. The properties will offer 7,343, 6,414, and 7,272 sq ft of built-up area respectively, which is bigger than most semi-detached houses marketed in the area.
The homes at Haig Road occupy 2,605, 1,876 and 2,535 sq ft of land respectively. “The land sizes are actually quite decent for a landed townhouse, almost comparable to sizes of semi-detached homes,” says Oliver Siah, Co-Founder of Fraxtor Capital. “And if you look at the psf prices of the built-up area of the spaces that we are building and the amount of space that we are creating, the properties are actually priced very reasonably.”
Designed for multi-generational living
The layout of the homes are broadly similar across all three properties, and take into account luxurious and comfortable living for all ages. Meticulously designed for multi-generational families, each house features a welcoming basement lobby, a sizable living area on level one, a dedicated entertainment area on level two, pragmatic wet and dry kitchens, six spacious bedrooms and lift access to every floor. The corner houses also come with private pools.
Walking past a generous car porch that can accommodate up to four cars, guests are greeted by a spacious lobby area. “What we envisage for the homeowner is a showcasing of this touch of luxury — that this whole room is dedicated to welcoming guests,” describes Siah. The living and dining area located on the 1st storey, and entertainment space located on the 2nd storey are interlocked to create an overall internal spatial cohesion for family activities or entertaining guests. The wet and dry kitchens provide ample space and functionality to support the culinary needs for large families and their guests.
The 3rd storey and attic level accommodate spacious bedrooms with en-suite bathrooms for the occupants. “These are private levels which are isolated from the entertaining space of the house, offering the occupants a private sanctuary,” explains Siah.
Convenience at your doorstep
Haig Villas is a short 10-minute drive from the CBD, situated in a neighbourhood ripe with amenities and strategically close to public transport nodes and schools. Shopping malls Roxy Square, Katong Square, 112 Katong, PLQ mall and Parkway Parade are close by. A vibrant food enclave that boasts names like 328 Katong Laksa and Punggol Nasi Lemak is also within close proximity to the homes.
The houses lie within a 13-minute walk to Tanjong Katong Station on the Thomson-East Coast Line, slated for completion in 2023. Once up and running, this would provide accessibility to school-going children or those who do not drive.
There are also a number of popular schools within a five-minute drive of Haig Villas. These include Tao Nan School, Victoria Junior College, and the Tanjong Katong Primary and Secondary schools.
The guiding principle for Fraxtor Capital in selecting a site is accessibility. “The sites must be very close to transport nodes — MRT stations and bus stops, and they must be very close to amenities,” says Siah.
Pipeline of projects
This guiding principle has proven fruitful. For Fraxtor Capital’s earlier project — a pair of freehold semi-detached houses off Upper Thomson Road, along Gardenia Road — Siah shares that one of the homes was sold before the foundation was completed.
The Gardenia houses were targeted at young professionals with young children. Nestled in a quiet corner a stone’s throw away from Thomson Plaza and the surrounding food enclave, the houses’ strongest selling point is their proximity to Upper Thomson MRT Station, which is only a six-minute walk away, Siah says.
Fraxtor Capital will be launching another project in the Novena neighbourhood, along Jalan Novena Selatan, designed by Designscape Architects. “This development will be within walking distance of Novena MRT Station, close to malls like Velocity@Novena Square and United Square,” he adds. “That particular product is catered to medical professionals working in the vicinity as well as families with children studying in the many top schools nearby.”
The Singapore government has earmarked the Novena neighbourhood, otherwise known as HealthCity Novena, as a sprawling 17ha modern integrated healthcare complex that will shape the future of healthcare in the citystate by 2030. This much-anticipated project is expected to launch in the third quarter of the year.
Based in Singapore, Fraxtor Capital is a boutique real estate development company, led and backed by property veterans with decades of experience in the industry. Investors are able to co-invest in the firm’s development projects through its sister company Fraxtor, which runs a fintech platform.
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This article appeared in The EdgeProp Pullout Issue 977 (Mar 29, 2021) of The Edge Singapore.