Nestled amidst the vibrant tapestry of Chinatown, 201 Pearl's Hill Terrace stands as a beacon of architectural splendor, beckoning discerning homebuyers to embrace an unparalleled living experience. This iconic residential development offers a perfect blend of modern amenities, timeless design, and the rich cultural heritage of its surroundings.
Step into a Realm of Urban Sophistication:
Designed by renowned architectural firm WOHA, 201 Pearl's Hill Terrace seamlessly integrates into the historic neighborhood while exuding a distinct contemporary flair. Its elegant facade echoes the charming shophouses of Chinatown, creating a harmonious connection between past and present.
Exceptional Amenities at Your Fingertips:
Within the confines of 201 Pearl's Hill Terrace, residents enjoy exclusive access to a myriad of amenities that enhance their daily lives. Relax and rejuvenate in the rooftop pool and sun deck, offering breathtaking panoramic views of the city skyline. Stay fit and healthy in the state-of-the-art fitness center, fully equipped with the latest exercise equipment. Socialize and entertain guests in the private function room, perfect for hosting unforgettable gatherings.
Immerse Yourself in the Heart of Chinatown:
The strategic location of 201 Pearl's Hill Terrace places residents at the epicenter of Singapore's vibrant Chinatown district. Explore the teeming streets lined with traditional shophouses, offering an array of authentic dining experiences, eclectic retail shops, and vibrant cultural attractions. Step into the past at the Buddha Tooth Relic Temple and Museum, or marvel at the intricate designs of the Sri Mariamman Temple, the oldest Hindu temple in Singapore.
Connectivity and Convenience Unparalleled:
Commuting from 201 Pearl's Hill Terrace is a breeze, with excellent public transportation options at your doorstep. The Chinatown MRT station is just a short walk away, providing easy access to the entire city network. Major expressways, such as the Central Expressway (CTE) and Ayer Rajah Expressway (AYE), are nearby, connecting you swiftly to other parts of Singapore.
Beyond its exceptional living qualities, 201 Pearl's Hill Terrace presents a compelling investment opportunity. The property market in Chinatown has consistently outperformed the Singapore market overall, with strong rental yields and potential capital appreciation.
Robust Rental Demand:
The central location of 201 Pearl's Hill Terrace makes it highly attractive to tenants seeking a convenient and lifestyle-oriented residence. The proximity to the central business district (CBD) and major educational institutions, such as Nanyang Technological University (NTU) and Singapore Management University (SMU), ensures a steady demand for rental units.
Steady Rental Yields:
Rental yields for properties in Chinatown have historically exceeded the citywide average. According to data from the Urban Redevelopment Authority (URA), 99-year leasehold properties in Chinatown have yielded an average of 3.5% to 4.5% in the last five years.
Potential Capital Appreciation:
The long development runway of Chinatown, coupled with limited land availability, suggests strong potential for capital appreciation over the long term. The government's recent plans to transform Chinatown into a vibrant cultural and tourist hub will further enhance the desirability of the area, driving property values up.
201 Pearl's Hill Terrace is not just a residential development; it is a testament to the innovative spirit that characterizes Singapore. The building incorporates sustainable design principles, such as rainwater harvesting and eco-friendly materials, to reduce its carbon footprint.
New Frontier: Green Technology Integration
In the realm of real estate, green technology integration is becoming increasingly important as individuals and governments alike prioritize sustainability. 201 Pearl's Hill Terrace embraces this trend by seamlessly integrating green technologies into its design and construction.
Achieving a Greener Future:
The incorporation of green technologies in 201 Pearl's Hill Terrace has numerous benefits, including reduced energy consumption, lower greenhouse gas emissions, and improved indoor air quality. By embracing these technologies, the development not only enhances sustainability but also contributes to the overall greening of Singapore's built environment.
As the real estate industry continues to evolve, new concepts and terms emerge to describe the latest trends and innovations. One such concept is the "phygital" experience, which seamlessly blends physical and digital elements to enhance user engagement.
Harnessing the "Phygital" Experience:
201 Pearl's Hill Terrace pioneers the "phygital" experience by introducing an array of smart home features and digital services that complement the traditional living space. These include mobile app-controlled access, automated lighting, and voice-activated home assistants.
Creating a Seamless Lifestyle:
The "phygital" experience at 201 Pearl's Hill Terrace empowers residents with unprecedented convenience and control over their living environment. By integrating technology into the physical space, the development caters to the growing demand for seamless and intuitive living experiences.
1. What is the tenure of 201 Pearl's Hill Terrace?
201 Pearl's Hill Terrace has a 99-year leasehold tenure, commencing from 2014.
2. How many units are there in 201 Pearl's Hill Terrace?
There are a total of 168 residential units in 201 Pearl's Hill Terrace, ranging from 1-bedroom to 3-bedroom apartments.
3. What are the estimated rental yields for 201 Pearl's Hill Terrace?
Based on current market conditions, the estimated rental yields for 201 Pearl's Hill Terrace range from 3.5% to 4.5%.
4. Is 201 Pearl's Hill Terrace pet-friendly?
201 Pearl's Hill Terrace is not pet-friendly.
5. What is the maintenance fee for 201 Pearl's Hill Terrace?
The maintenance fee for 201 Pearl's Hill Terrace is approximately S$0.42 per square foot per month.
6. Is there a swimming pool at 201 Pearl's Hill Terrace?
Yes, there is a rooftop pool and sun deck at 201 Pearl's Hill Terrace.
7. Is there a gym at 201 Pearl's Hill Terrace?
Yes, there is a state-of-the-art fitness center at 201 Pearl's Hill Terrace.
8. Is 201 Pearl's Hill Terrace near any MRT station?
Yes, 201 Pearl's Hill Terrace is a short walk away from the Chinatown MRT station on the North-East Line (NEL).
Table 1: Unit Mix and Pricing at 201 Pearl's Hill Terrace
Unit Type | Area (sq ft) | Indicative Price (S$) |
---|---|---|
1-bedroom | 452 - 570 | S$850,000 - S$1,100,000 |
2-bedroom | 700 - 893 | S$1,300,000 - S$1,700,000 |
3-bedroom | 1,055 - 1,249 | S$2,000,000 - S$2,300,000 |
Table 2: Rental Yields in Chinatown
Period | Average Rental Yield (%) |
---|---|
2018 - 2022 | 3.5% - 4.5% |
Table 3: Amenities at 201 Pearl's Hill Terrace
Amenity | Description |
---|---|
Rooftop pool and sun deck | Panoramic city views |
Fitness center | State-of-the-art equipment |
Function room | Private gatherings and events |
24-hour security | Peace of mind and safety |
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