insight
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Twin Peaks condominium at Leonie Hill is getting lots of star treatment, as well-known entertainment stars snap up a few of their units. What attracts them to this particular property?
About two weeks after Hong Kong movie superstar Jackie Chan and singer/song writer Wakin Chau picked up three apartments at the Twin Peaks condo project at Leonie Hill Road, Singapore-born Mandopop idol JJ Lin has followed suit.
Twin Peaks condominium at Leonie Hill.
The 30-year-old is understood to have bought a one-bedroom apartment of 571 square feet in the 35-storey project, which is being developed by Overseas Union Enterprise (OUE). His unit is said to be on a higher floor than the three units bought earlier by the two Hong Kong celebrities.
Chan is said to have purchased two adjoining units while Chau acquired a unit on another level.
All three apartments are also 571 sq ft one-bedders and will have views of Grange Road/Orchard Road.
Lin, 30, a former Anglo-Chinese School boy, is a singer-songwriter and composer based in Taiwan with a following in China, Taiwan and Singapore.
Units in the 99-year leasehold Twin Peaks project are trading at an average price of about $2,850 per square foot. The development, which will come up on the former Grangeford Apartments site, is expected to be completed around early 2014.
Twin Peaks will be built on the site of Grangeford Apartments.
A spokeswoman for OUE confirmed the sale of a unit to Lin and added: ‘Undoubtedly, the purchases by the celebrities have generated much interest in Twin Peaks and we are very encouraged by the response.’
Among the perks that residents of Twin Peaks will enjoy is that they may engage hospitality and housekeeping services from the Mandarin Orchard Singapore, which is also part of the OUE group.
Twin Peaks will come with hospitality and services of Mandarin Orchard Singapore
Twin Peaks comprises two identical 35-storey towers with a total of 462 units, offering a mix of one, two and three-bedroom apartments. OUE began selling units in the project in July last year and to date has sold nearly 60 units in the development. The highest price achieved is $3,170 psf.
OUE is expected to relaunch the project later this year once its new showflat is ready.
The company’s spokeswoman said that the development has drawn buyers from Singapore, China, Indonesia, Malaysia, India, Hong Kong and Taiwan.
Source: The Straits Times
