Blossoms By The Park, the latest residential-cum-commercial development located at Slim Barracks Rise developed by EL Development, is a 99-year leasehold condo with site area of 85,652 sq ft and maximum gross floor area (GFA) of 256,958 sq ft.
|Project Name||Blossoms By The Park (博盛苑)|
|Developer||EL Development (Buona Vista) Pte Ltd
EL Development (One-North) Pte Ltd
|Address||9 Slim Barracks Rise Singapore 139742|
|Tenure||99 Years leasehold|
|Site Area||7,957.3 sqm / 85,652.4 sqft|
|Expected Date of Vacant Possession||31 December 2026|
|Total No. of Units||275 + 1 commercial lot|
|Description||1 block of 27 storey development with commercial units on B1, level 1, level 2 and 2 level of basement carpark|
|Carpark Provisions||110 parking lots for residential and 7 lots for commercial|
|Architect||ADDP Architects LLP|
|Main Contractor||Evan Lim & Co. Pte Ltd|
|Quantity Surveyor||Evan Lim & Co. Pte Ltd|
|C&S Consultant||E2000 Pte Ltd|
|M&E Consultant||Conteem Engineers Pte Ltd|
|Interior Designer||Design Inck Pte Ltd|
|Landscape Architect||Ecoplan Asia Pte Ltd|
As part of JTC Corporation’s efforts to inject more residential spaces in the one-north estate to meet housing needs and enhance the area as a vibrant mixed-use business park that serves as a fertile ground for research, innovation and entrepreneurship, the site is highly contested.
Blossoms By The Park, located near the Buona Vista MRT station and surrounded by the one-north biomedical and technology hub is attractive due to their relatively palatable sizes, the growing catchment at the thriving one-north R&D business hub, and limited new housing supply in the vicinity.
Tech companies such as Grab and Razer have based their corporate headquarters in one-north, along with multinational firms such as British consumer goods company Unilever, whose Four Acres Singapore Campus is in Nepal Park. American consumer goods company Procter & Gamble’s P&G Innovation Centre is at Biopolis.
Blossoms By The Park location in one-north is close proximity to two MRT stations, namely One-North MRT Station on the Circle Line and Buona Vista Interchange Station for the Circle and East-West Lines. The nearby One North MRT station, located just a 3-minute walk from Slim Barracks Rise, improves public transport. The MRT, together with other MRT stations close by such as Holland Village and Buona Vista MRT stations, gives residents an easy time traveling around to where that matters to them.
Bounded by One-North Gateway and Slim Barracks Rise, Blossoms By The Park condo will provide its residents with easy access to F&B and retail amenities at The Star Vista, Rochester Mall, and the upcoming One Holland Village. The developer, EL Development, is developing the site into a 27-storey condominium block with about 275 units. Blossoms By The Park will have a good mix of one- to four-bedroom units and penthouses.
One-north is also connected to National University Hospital and National University of Singapore. Other educational institutions in the vicinity include the Insead business school, Essec Business School, Fairfield Methodist Primary and Secondary Schools, Anglo-Chinese School (Independent), Anglo-Chinese Junior College as well as United World College of South East Asia (Dover Campus). Even Nanyang Technological University’s (NTU’s) alumni club and executive centre is located in one-north. The Ministry of Education Building is located nearby in Buona Vista.
The Blossoms By The Park condo floor plan brochure is not available yet.
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Blossoms By The Park, which spans 7,957 square metres (sq m) or 85,648.4 square feet (sq ft) fetched a top bid of $320.1 million or about $1,245.7 per square foot per plot ratio (psf ppr), exceeding the forecasts of most property consultants. Analysts expect the Slim Barracks Rise project could sell for above S$2,100psf when launched.
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EL Development Pte Ltd first started as a business unit within one of Singapore’s leading builders, Evan Lim & Co. Pte Ltd, before its inception as a separate company in June 2007.
The company has developed more than 3,000 homes in Singapore, including Illuminaire on Devonshire, Parc Centennial in Kampong Java Road, Symphony Suites in Yishun and Parc Riviera in West Coast Vale.
Come late 2021, the company will usher in its first hotel development — the first Pullman Hotel in Singapore, managed by Accor. Located at Hill Street, this luxurious 10-storey business hotel comprises 350 rooms with outstanding facilities. In addition, the company is currently developing Pullman Residences Newton, a branded luxury residential development in prime district 11. Comprising of 340 1, 2, 3, 3 +Study & 4-Bedroom units, the 30-Storey development is a mere 2 minutes’ walk to Newton MRT Station.
In recognition of its emphasis on quality, design and sustainability, EL Development has won prestigious awards such as FIABCI Singapore Property Awards (2018 & 2019), Asia Pacific Property Awards (2018 – 2019), Asia Property Awards Singapore (2017), BCA Asia Top Ten Developers Award (2016 & 2017), BCA Green Mark Award (2016 & 2018), SME One Asia Awards (2013) and Enterprise 50 Awards (2012).