Special Feature
V on Shenton | A new icon in the heart of Singapore’s financial district
By V on Shenton
/ BROUGHT TO YOU BY UNITED INDUSTRIAL CORP |
THE TOWERING V ON SHENTON is the latest landmark in the financial district of Singapore. Completed in 2017, the new mixeduse development comprises the 54-storey residential tower, V on Shenton, and the new UIC Building, a 23-storey, Grade-A office tower.
The towers are a redevelopment of the former UIC Building. Built in 1973, UIC Building was once the tallest tower in Singapore. The new V on Shenton is a reinterpretation of the landmark development by world-renowned Dutch architect Ben van Berkel of UNStudio, whose works include Ardmore Residence in Singapore and the upcoming tallest building in Australia, Green Spine, in Melbourne.
With a honeycomb façade that serves both aesthetic and shading functions, the new mixeduse development, V on Shenton, stands out from the surrounding buildings. The façade is further augmented by a series of sky gardens that provide greenery and function as a refuge from the hustle and bustle of the city.
TOP-NOTCH LOCATION, FIRST-RATE CONNECTION
Strategically located on Shenton Way in the heart of the fi nancial district, V on Shenton is in the vicinity of the Singapore Exchange and the world’s biggest financial institutions such as Citibank, Julius Baer and Bank of Tokyo Mitsubishi UFJ.
It is poised to benefit from the ongoing transformation in the CBD and the future Greater Southern Waterfront, a new waterfront city on a 1,000ha land parcel, about the size of 30 Singapore Sports Hubs, which will take shape following the relocation of the ports in Tanjong Pagar and Pasir Panjang to Tuas.
V on Shenton is adjacent to the future Shenton Way MRT station on the Thomson-East Coast Line currently under construction. It will soon have a direct underground link to the Marina Bay Link Mall. Other MRT stations within walking distance of V on Shenton include Tanjong Pagar MRT station on the East-West Line and Downtown MRT station on the Downtown Line.
Adjacent to the historical landmark of Singapore Conference Hall and the new Singapore Chinese Cultural Centre, V on Shenton is also linked via an overhead bridge to Downtown Gallery. It is within walking distance of the eateries and watering holes in the Marina Bay and CBD area, especially in the neighbourhood of Boon Tat, Stanley and Telok Ayer Streets.
PANORAMIC VIEWS OF THE SEA AND CITYSCAPE
The 510-unit V on Shenton is 85% sold. A limited number of premium high-fl oor units starting from the 36th level are still available for sale.
These units boast spectacular views of the sea or city skyline. Some units even have dual views of both the sea and city skyline. Residents will also get to see a new skyline taking shape at the future Greater Southern Waterfront.
Unit types include two- to three-bedroom apartments ranging from 883 to 1,765 sq ft and penthouses of 3,315 to 6,814 sq ft.
Some units have spectacular views of the sea
GREAT POTENTIAL FOR UPWARD ELASTICITY
UIC is celebrating its 55th anniversary this year. To mark the occasion, the developer is giving buyers a 5.5% discount for selected units.
During the promotional period, prices of the available units will start from $2,087 psf. “At this price, V on Shenton is truly a value buy,” says Desmond Sim, CBRE Research head for Singapore and Southeast Asia. “It offers great potential for upward elasticity. Given its location right smack in the CBD, V on Shenton appeals to those who like the hustle and bustle of city living and the investment element that comes along with it.”
George Tan, executive director of Savills Singapore, notes: “V on Shenton is a compelling buy. The project is completed, units offer great views and the selling price is equivalent to some developers’ land cost today. With new launches in the Core Central Region priced in the $3,000 psf range or higher, V on Shenton presents a great buying opportunity.”
Developer: UIC Ltd
For enquiries: 8811 7690
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