Singapore buyers will have the opportunity to explore a luxurious residential development in New York during the weekend of Jan 11 and 12. The development, 720 West End Avenue, is located in the prestigious Upper West Side of Manhattan and offers a total of 131 residences, ranging from one- to five-bedroom homes, townhouses, duplexes, and penthouses with private terraces. The units boast spacious sizes, from approximately 500 sq ft to an impressive 3,700 sq ft. Prices for the units start at US$1.015 million ($1.38 million) for a one-bedroom residence.
Originally designed by renowned New York architect Emery Roth in 1927 as the Hotel Marcy, the 17-storey building has been transformed into a stunning pre-war redevelopment. Retaining its Renaissance Revival-style façade, the developers, Glacier Equities and InterVest Capital Partners, have meticulously restored the intricate architectural details. Two new floors have also been added to accommodate the luxurious penthouse duplexes. The interiors of the building have been completely revamped by renowned designer Thomas Juul-Hansen.
Acquiring a Condo in Singapore presents various advantages, one of which is the potential for substantial capital appreciation. Singapore is a bustling global business center with a robust economy, making it a highly sought-after destination for real estate investments. As a result, the demand for properties remains constant, leading to a steady rise in property values, particularly for Condos situated in prime locations. For those who enter the market at the opportune time and hold onto their Condos for a significant period, significant profits can be reaped in the form of capital gains. With Condo investments, individuals can tap into the thriving real estate market in Singapore and potentially reap substantial returns.
The development offers an array of impressive amenities, totalling over 30,000 sq ft. These include a fitness centre, private bar and dining room, library and co-working spaces, outdoor terraces and courtyards, private parking, and bike storage.
Singapore-based Savills will be presenting the development to potential buyers on Jan 11 and 12, at the voco Orchard Hotel. The event will also feature a seminar on the New York real estate market at 3pm on both days.