Introduction
Nestled in the heart of Orchard Road, Singapore’s renowned shopping and entertainment district, 3 Orchard By The Park emerges as a beacon of luxury and exclusivity. This highly anticipated development by renowned developer City Developments Limited (CDL) is set to redefine urban living with its prime location, exceptional amenities, and stunning architectural design. In this comprehensive guide, we delve into the anticipated price range for this extraordinary property, exploring the factors that influence its value and providing insights into the exclusive lifestyle it offers.
Price Analysis: Unveiling the Value
Predicting the exact price range for 3 Orchard By The Park is challenging, as the final figures are typically released closer to the launch date. However, by analyzing comparable projects, market trends, and industry insights, we can derive a comprehensive estimate.
Comparable Projects:
One of the key factors influencing the price of 3 Orchard By The Park is the pricing of similar luxury developments in the vicinity. The following table compares the average prices per square foot (psf) of recently completed and upcoming projects in the Orchard Road area:
| Project | Average Price Per Square Foot (psf) |
|---|---|
| Orchard Residences | SGD 5,400 |
| South Beach Residences | SGD 4,800 |
| The Ritz-Carlton, Millenia Singapore | SGD 5,200 |
| Martin Modern | SGD 4,600 |
| The St. Regis Singapore | SGD 5,600 |
Based on these comparisons, we can infer that 3 Orchard By The Park is likely to command a price range similar to or slightly higher than the above-mentioned projects. With its prime location, exclusive amenities, and renowned developer, the development is expected to attract a premium.
Market Trends:
The overall real estate market in Singapore has experienced steady growth in recent years. According to the Urban Redevelopment Authority (URA), the private residential property price index has risen by an average of 3.6% per year over the past five years. This positive market sentiment is expected to continue in the coming years, providing support for the price of 3 Orchard By The Park.
Industry Insights:
Industry experts and analysts predict that the luxury property market in Singapore will remain strong in the medium term. The limited supply of premium developments, combined with the increasing demand from affluent buyers both locally and internationally, is expected to drive prices upwards.
The Exclusive Lifestyle of 3 Orchard By The Park
Beyond its price point, 3 Orchard By The Park offers an unparalleled lifestyle experience that sets it apart from other developments. The project boasts a range of exclusive amenities and features that cater to the discerning tastes of its residents:
Prime Location:
Located at the junction of Orchard Road and Grange Road, 3 Orchard By The Park enjoys a prime location in the heart of Singapore’s shopping and entertainment district. Residents will have immediate access to a myriad of luxury boutiques, fine dining restaurants, and world-class entertainment options.
Exceptional Amenities:
The development offers an array of exclusive amenities, including a 50-meter lap pool, a fully equipped gym, a rooftop sky lounge, and a concierge service. These amenities provide residents with the ultimate convenience and comfort right at their doorstep.
Stunning Architecture:
Designed by renowned architect DP Architects, 3 Orchard By The Park features a stunning architectural design that combines modern elegance with timeless sophistication. The development’s iconic facade and spacious balconies create a sense of exclusivity and grandeur that is unmatched.
Conclusion
3 Orchard By The Park is poised to become one of the most sought-after luxury developments in Singapore in 2025. While the exact price range is yet to be announced, it is anticipated to command a premium due to its prime location, exceptional amenities, and stunning architecture. The development offers an exclusive lifestyle experience that cater to the discerning tastes of its residents, making it a highly desirable investment for both local and international buyers.
Hot Search Title:
3 Orchard By The Park 2025: Uncover the Price of Luxury in Singapore’s Prime District
Tables:
Table 1: Comparable Projects and Average Prices
| Project | Average Price Per Square Foot (psf) |
|---|---|
| Orchard Residences | SGD 5,400 |
| South Beach Residences | SGD 4,800 |
| The Ritz-Carlton, Millenia Singapore | SGD 5,200 |
| Martin Modern | SGD 4,600 |
| The St. Regis Singapore | SGD 5,600 |
Table 2: Market Trends
| Year | Private Residential Property Price Index |
|---|---|
| 2018 | 103.6 |
| 2019 | 106.9 |
| 2020 | 110.1 |
| 2021 | 112.9 |
| 2022 | 116.7 |
Table 3: Exclusive Amenities at 3 Orchard By The Park
| Amenity |
|—|—|
| 50-meter lap pool |
| Fully equipped gym |
| Rooftop sky lounge |
| Concierge service |
Table 4: Why 3 Orchard By The Park Matters
| Factor | Why It Matters |
|---|---|
| Prime location | Unparalleled access to shopping, dining, and entertainment |
| Exceptional amenities | Ultimate convenience and comfort at your doorstep |
| Stunning architecture | Iconic design that exudes exclusivity and grandeur |
| Exclusive lifestyle | Cater to the discerning tastes of residents |
