Sunday, January 26, 2020

The Kuala Lumpur Real Estate Industry Still Shines

Melding modernity with elegance, these vacation homes undeniably attract local and foreign investors alike who are seeking for ample amenities in the heart of Kuala Lumpur.

Conlay's aerial perspective in Kuala Lumpur

Conlay’s aerial perspective in Kuala Lumpur

If you are looking to buy properties in Malaysia, Kuala Lumpur is a great property investment destination. The city is one of the friendliest places to live in than some of its regional neighbours. Additionally, foreigners will find it relatively easy to purchase property and live in Malaysia under the Malaysia My Second Home (MM2H) programme.

It is relatively easy to travel to the city centre from the Kuala Lumpur International Airport (KLIA) and Kuala Lumpur International Airport 2 by train, bus, taxi, car. Kuala Lumpur city centre is a vibrant metropolis, the panorama here is a slice of nostalgic KL surrounded by heritage buildings, and friendly locals.

Swimming Pool at Conlay

From savoury local dishes to fine international cuisines, shopping to entertainment facilities, travellers will be spoilt for choice here in the city centre. On the other hand, Western, Korean and Japanese grocers and specialities are readily available for the expatriates working and living here in the city centre. Conlay is the latest offering to the thriving city centre of Kuala Lumpur. This new distinguish development features an iconic sleek façade designed by Kerry Hill Architects. This Australian architecture firm is internationally renowned for its expertise in resort hotel design across Asia and has won numerous awards and accolades.

Located along Jalan Conlay and Jalan Kia Peng, this exclusive development offers convenient access to all major amenities around Kuala Lumpur like TRX Financial District, KLCC Twin Tower, Pavilion Shopping Mall, Royal Selangor Golf Club, 5-Star Medical Centres, Embassies and many more.

Besides that, Conlay offers unparallel connectivity. The development is directly across the upcoming Conlay MRT Station Integrated Development (comprising three office towers with a podium, shopping mall and retail plaza) with direct links to Kuala Lumpur’s major transportation hub, for example, the proposed High-Speed Rail to Singapore.

Modern Look, Inspiring Views
Conlay is a landmark of understated luxury that meets every need of discerning buyers who demand nothing but the best from city living. An international collaboration between the publicly-listed Eastern & Oriental Berhad (E&O) and Mitsui Fudosan Group, Conlay is designed by the world-renowned Kerry Hill Architects. Located in the prestigious Kuala Lumpur City Centre, Conlay is a striking 51-storey freehold building designed with a modern look. It features a bezel-roof tower creating a striking architectural form, allowing residents to take in different views of the city skyline and the surrounding parklands.

The appointed firm is no stranger to the architecture industry, having won Australian Institute of Architects’ Gold Medal for the City of Perth Library as well as numerous award-winning hospitality projects such as Aman Tokyo. Even the iconic The Datai Langkawi and Martin No.38 Singapore emanate timeless aesthetics.

Type A unit at Conlay

Type A unit at Conlay

A Masterful Touch
Creating Conlay, Kerry Hill Architects carefully used modern architecture techniques to create this soaring structure where three distinctive picture-framed bezels offer sweeping views of the city’s vistas. Not just limited to the façade, Kerry Hill Architects take pride in meticulous detail in every level’s design. There’s a sense of refinement and prestige in each residential unit. Kerry Hill Architects nod to open floor plans jettisons physical demarcations, allowing its occupants to mingle as families or couples. The devil is in the details: luxurious, branded fittings and fixtures create a graceful and elegant lifestyle, resulting in a space that’s cohesive and connected.

Conlay’s essential amenities have not been ignored. Residents can find their leisure and recreational spaces on level 11 and 36. To satisfy the lifestyle pursuits of residents, there will be a library for page-turning moments, a meeting room, music room, billiard tables, multimedia room, multi-purpose lounge, heated infinity swimming pool, fitness centre, Jacuzzi, yoga and sauna rooms, children’s playroom, and games room, to name a few.

The serviced apartments are located from level 12 to 48 while the penthouse resides on level 51. Level 50 is a dedicated commercial space offering unique F&B and lifestyle retail options.
Located right opposite the Conlay MRT station, Conlay enjoys superb connectivity, with easy access to the financial district, international airport, shopping malls, healthcare facilities, embassies, as well as facilities in education, the arts and culture. Read more about Conlay here.

Everything Is Close By
In fact, the project is near to KLCC East and TRX Station. There is also direct access to the proposed High-Speed Rail to Singapore at Bandar Malaysia South MRT Station. For residents who love to indulge in shopping, they can head to nearby Pavilion Shopping Mall, KL and Bukit Bintang shopping belt. For residents’ added convenience, a shuttle service operates to the city centre and nearby shopping venues.  Conlay features a dedicated lobby and generous themed communal space. With so many lifestyle amenities, residents can spend their weekends fruitfully without leaving their homes. Available in various configurations from 1-bedroom units starting at 732 sq ft to 2+1-bedroom units up to 1,432 sq ft, all homes come with terraces that capture panoramic city views, and fins that shade the sun to reduce heat in the units. Prices start from RM 1.5 million (approx. USD 358K).
www.theconlay.com

Oxley Towers Kuala Lumpur City Centre (KLCC)
This is a freehold mixed-use development located along Jalan Ampang, Kuala Lumpur City Centre, and within close proximity to the iconic Petronas Twin Towers and Kuala Lumpur Convention Centre.

Oxley Towers Kuala Lumpur City Centre (KLCC)

Oxley Towers Kuala Lumpur City Centre (KLCC)

Ideally situated in the most exclusive and highly sought-after spot of KL, the development offers two hotel towers, SO Sofitel and Jumeirah with residences, one office tower and a retail podium. Enjoy exceptional living at SO Sofitel Kuala Lumpur Residences – the world’s first SO Sofitel branded serviced residences. Standing 78 storeys tall, you will have a bird’s eye view of the city. An investment for those who aspire to enjoy the very best in life.  Located a stone’s throw away from lifestyle venues, major businesses, KL convention and key amenities, Oxley Towers Kuala Lumpur City Centre (KLCC) is the forefront of innovation and prestige, blending elegant and bold architecture in a pledge to a luxurious lifestyle with a local flair.
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Thursday, January 23, 2020

Tradition, Comfort and Luxury Await at The Arctic TreeHouse Hotel

The epitome of comfort and luxury lie at the heart of the Finland Arctic Circle. Inspired by the Lappish traditions of hunting, fishing and herding reindeer in a free-range country side, the Arctic TreeHouse Hotel provides accommodation in the form of 32 palatial and modern Scandinavian-designed suites.

Tradition, Comfort and Luxury Await at The Arctic TreeHouse Hotel

Resembling the local cone cows, each suite is housed in individual timber boxes. Balanced on a series of stilts, the rooms are elevated above ground in eco-conscious pods which assimilate seamlessly into the natural environment with awe-inspiring, panoramic views of the forest and sky.

Featuring glazed walls and beds dressed in fur throws and a white-washed wood lining, guests are treated to sights of the Northern Lights and Midnight Sun from the comfort of their room and convenient travels to and fro SantaPark, Santa Claus Village and the Rovaniemi City Center.

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Wednesday, January 22, 2020

Sunseeker CEO Andrea Frabetti Expands and Upgrades Product Range

When you joined Sunseeker in January 2019, you said you’d always thought of it as a strong brand, renowned for innovation. Now that you’re also CEO, has your first year with the company been as expected?

Overall, the answer is yes. We have so many skilled, highly professional staff in all our departments and offices, so it has been a fantastic time for me.

Frabetti was appointed Chief Technical Officer in January 2019, then CEO in June.

Frabetti was named CTO of Sunseeker in January 2019, then CEO in June

Unfortunately, Robert [Braithwaite] is no longer with us and John [Braithwaite] had just retired when I joined the company, so I found the company quite … relaxed. But it had a huge amount of expertise and experience among the staff, and huge production capacity and capability.

I think my predecessors as CEO were not so focused on product and product innovation, but we are in the nautical industry and we know it’s all about product. Nobody needs a yacht. If we deliver a message that is attractive, they will come on board.

What did you change when you arrived as Chief Technical Officer and what did you then focus on when you became CEO?

When I arrived, my initial role was to analyse the situation, the positioning, the market, because I was familiar working for Ferretti Group’s Product Strategic Committee. Sales, marketing and product strategy is one thing and it all goes through brand identity, innovation and, at the end, product development. My first task was to create the new product strategy, which initially was proposed to [former CEO] Christian Marti. He came from the car industry and I came from this industry, so I know the competition very well.

When I became CEO, I first created a Strategic Committee to lead the company. I don’t like a one-man show. The Strategic Committee includes myself, focused on product and innovation; Mike McMillan, CFO, who takes control of all the financial and legal aspects; and Michael Straughan, COO, another very experienced professional and who has a long experience in the car industry. In reality, the three of us share the leadership of the company. All big decisions go through the Strategic Committee, although I take responsibility for the final decision.

Sunseeker unveiled the Hawk 38 at the Cannes Yachting Festival in September 2019

Sunseeker unveiled the Hawk 38 at the Cannes Yachting Festival in September 2019

My next task was to seek approval for a huge expansion programme for product development, which was almost dead. I don’t know why this kind of strategy was not pursued so well in recent years. Now, we have a really strong investment in product development, up to GBP50 million (about US$65 million) over three years, refreshing the range with innovations, so resulting in direct benefits for the customers.

We’re investing in product and product quality as part of a plan to have 22 models by 2022, compared to 11 in mid-2019. In September, we had dealer meetings and handed over the upcoming product range, prices, visuals and our strategy.

Following the world premiere of the Hawk 38 at the Cannes Yachting Festival last September, will there be other models in the new Performance range?

The 38 shows the heritage of Sunseeker, a reminder of the XS2000, which is all about adrenalin. The next Performance boats will not be all about adrenalin but more about practical performance for living on the sea – practical, roomier, useable. It won’t just be a bigger 38. We are planning a 52 and a 65, both different designs to the 38.

Also in September, Sunseeker unveiled the Predator Evo 60 at the Southampton International Boat Show

Sunseeker unveiled the Predator Evo 60 at the Southampton International Boat Show

Why was the Predator 60 Evo described as ‘the first model of Sunseeker’s major new product development plan’?

The Predator 60 Evo is the first boat designed since I took over, the first of this new era. Some ideas – for example, the most important one, the interior design – will be much more detailed. The interior of the new Predator is very different in identity to a Manhattan. Before, when you walked through a Manhattan and a Predator, I felt there were too many similarities in the décor, so I wanted the interior style to be as different and distinct as the exterior.

The new Predator 60 has better performance, better handling through different conditions, steer-by-wire technology, different rudder shapes, a different wheel-drive system, bigger engines and reduced weight, so the boat performs better. But also, when you enter the new Predator, you feel you’re in a high-performance boat because the design language looks and feels much more ‘performance’.

The Predator 60 Evo shares the hull of the 57, but has a new superstructure and sunroof, and fresh interior styling

The 60 Evo shares the hull of the 57, but has a new superstructure, sunroof and interior

But Rome wasn’t built in a day and there will be a progression of new products and innovations, with many more changes coming.

The 87 Yacht, the former Project 8X, looks like an exciting addition to the Sunseeker fleet and seems to address the demand for greater volume.

Many of our competitors have a semi-displacement range, but Sunseeker has never touched this and we are not going there. Sunseeker is a dynamic brand and has always delivered great performance in each category.

With the 87 Yacht, we want to deliver a product that’s not in the market. It’s probably bigger and roomier than other semi-displacement yachts. It’s a planing hull, with a very good performance in displacement, but it has the speed if you need it. It has low consumption, a very smooth hull and, with 13,000 litres of fuel, one of the longest ranges of any boat in its category.

It’s so beamy and very open because of a lot of glazing all around. It’s our way to compete with [Azimut] Magellano, [Sanlorenzo] SD, [Absolute] Navetta and other boats in those categories.

Scheduled to launch in the third quarter of 2020, the 87 Yacht has over 25 per cent more volume than the 86, due to a much larger beam and new bow design

Scheduled to launch in Q3, the 87 Yacht has over 25 per cent more volume than the 86

We will continue to have the 86 Yacht, which is a more traditional flybridge and has a little more performance, but the 87 has over 25 per cent more volume, although it has a similar length. As well as having a bigger beam, the design of the bow adds volume. And all of our design is still done by Sunseeker’s own Design and Technology Centre in Poole.

What about developments on the superyacht side, led by the 161 Yacht?

The first 161 Yacht is sold and now being built at Icon in the Netherlands for a 2022 delivery. Sunseeker has a new superyacht 
division, in partnership with both Icon and also Pendennis in Falmouth, for boats from 101-161ft.
 New designs include the 133 Yacht scheduled for 2021, so overall, we will have many more new models between our fibreglass and aluminium ranges.

The 161 Yacht is being built in partnership with Icon Yachts in the Netherlands and is scheduled for a 2022 delivery

The 161 Yacht is being built in partnership with Icon Yachts in the Netherlands

In general, how do you see yacht design evolving?

Boats are changing from vehicles to an entire resort, a wellness centre. The real challenge for me is not competition from other brands but of providing the experience that rich people want to live. We have to deliver the idea that buying and using a boat is the best thing that people can do with their leisure time. For me, Sunseeker can deliver this better than any other brand.

Sunseeker is about style but is also practical, designed to be used a lot. Very few products of Sunseeker are not practical, maybe just the XS2000, a racing boat. All other products are stylish but focused on functionality, always reinterpreting the way to live on board.

As discussed, the 87 Yacht is a key step forward in this philosophy, maintaining style but in a wider boat, wider than other boats in this category, very open to the sea with many solutions. It’s so innovative and allows owners a different way of enjoying a resort or villa on the water.

Frabetti describes the 87 Yacht Ocean Club as "very open to the sea with many solutions"

Frabetti says the 87 Yacht Ocean Club is “very open to the sea, with many solutions”

How do you convey this to potential owners or users in Asia?

People can’t really see in images or pictures just how many ways there are of enjoying and using such a boat, how to live on board. We are delivering so many different opportunities to live on board, which is why video – or getting on the boat – is really the best way to show this.

When you launch a new model like this that changes dramatically your lifestyle, only a video can show how you can use this yacht, and this is especially important in emerging markets, in Asia or elsewhere, where they’re not so familiar with how yachts are used.

In Asia, it’s more about the interior. The first thing people do when they get on board is go inside. At the end of the day, they enter and they play mahjong or sing karaoke, so this also needs to be conveyed clearly. I’m generalising, of course, but often in Asia owners and guests go inside, they don’t like the sun as much or don’t swim in the water as much, and they enjoy different aspects of the boat to people in the Med, for example.

The beach club on the Sunseeker 161 Yacht

The beach club on the 161 Yacht, which is scheduled for a 2022 delivery

For example, I’ve been in China many times, but the problem is creating a culture of yachting. They don’t use their boat that often, so it’s very important that you start to promote not only the yacht but the way of life. They can see the product, but they don’t know why or how it’s best used.

Do you see any challenges for Sunseeker in the coming years?

Sunseeker has an unbelievable production footprint, a vertical way of delivering to customers. The shipyard is one of the best I have seen in my career. I have been through many, in Europe and the US, and I’ve never seen such a well organised production system.

We build all the joinery and furniture in-house, also all the electrical systems. We do all the design and don’t just have people from a marine background but also designers from the car industry, people with a new view. And we have so much expertise in our senior staff. I don’t see any real issue for us to remain in our leading position. I only see a lot of potential.

Sunseeker is a reality, not just designs on papers and sub- contractors. There are so many people who have worked here for 20 or 30 years, sometimes more. Sunseeker will maintain a top position in delivering quality to the customers. And the pound is still quite low, so we’re delivering even better value for amazing quality.

www.sunseeker.com

The original article appears in Yacht Style Issue 51. Email subscribe@lux-inc.com for print subscription enquiries or subscribe to the Magzter version at: www.magzter.com/SG/Lux-Inc-Media/Yacht-Style/Fashion/

Yacht Style Issue 51: ‘The Personalities Issue’ Is Out Now!

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Rolex China Sea Race Entries Building Up for 30th Edition

Bryon Ehrhart’s Maxi 72 Lucky will compete in the 30th Rolex China Sea Race, having been among the first six international entries – from as far as the US, Russia and Japan – signed up for Asia’s bluewater classic.

Lucky in the 2019 RHKYC Nha Trang Rally; Photo: RHKYC / Guy Nowell

Lucky in the 2019 RHKYC Nha Trang Rally; Photo: RHKYC / Guy Nowell

Run by the Royal Hong Kong Yacht Club under the auspices of RORC, the biennial Category 1 offshore race will start on April 8 in front of RHKYC’s Kellett Island clubhouse in Hong Kong harbour and finish in Subic Bay, Philippines, where Subic Bay Yacht Club will play host.

Ehrhart competed in the 2014 Rolex China Sea Race on his TP52, also Lucky, as the American secured second in IRC Overall, and this time he could challenge the 565nm race’s monohull record of 47hrs 31mins set in 2016 by the RP66 Alive.

Last October, Ehrhart sailed his new Lucky to monohull line honours in the Royal Hong Kong Yacht Club Nha Trang Rally, after the 72-footer had competed in a series of maxi events across the Mediterranean including Rolex Capri Sailing Week, Rolex Giraglia, Palermo to Monaco and the Maxi Yacht Rolex Cup.

Representing Russia is Alexey Mashkin’s Cookson 12 Megazip, which took third place in IRC Racer 1 in the 2016 Rolex China Sea Race. Mashkin is a veteran of Rolex offshore races including the Rolex Sydney Hobart Yacht Race, Rolex Giraglia, Rolex Middle Sea Race and Rolex Fastnet Race.

Start of the 2018 Rolex China Sea Race

Start of the 2018 Rolex China Sea Race

Beneteaus from the Philippines and Japan are set to compete in the Rolex China Sea Race for the first time, although Hurricane Hunter owner Albert Altura will be competing in his second China Sea Race, having competed as a 19-year-old in 1986 on Sunset Strip.

Hurricane Hunter, a Beneteau First 40 CR from Manila Yacht Club, competed in the 2018 Rolex Middle Sea Race before arriving in Manila early last year. Thetis 4, a Beneteau First 40.7 active in long-distance racing around Japan, is another race newcomer.

Seawolf 2 from mainland China will return for its fourth Rolex China Sea Race after the Chinese-crewed Ker 42 finished third then second in IRC Overall in the last two editions.

Over a dozen entries by mid-December featured other experienced Rolex China Sea Race competitors including Ambush, a veteran of five previous editions, and Alpha +, second in IRC Racer 0 in 2018.

www.rolexchinasearace.com

The original article appears in Yacht Style Issue 51. Email subscribe@lux-inc.com for print subscription enquiries or subscribe to the Magzter version at: www.magzter.com/SG/Lux-Inc-Media/Yacht-Style/Fashion/

Yacht Style Issue 51: ‘The Personalities Issue’ Is Out Now!

 

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Sunseeker 95 Yacht in Singapore as Brand’s Sales Soar Around Asia

The Sunseeker fleet across Asia expanded late last year, headed by the first 95 Yacht into Singapore. Cloudia is the largest build by the British brand to be permanently berthed in the city-state and continued a strong string of sales by Sunseeker Singapore over the past two years.

The 95 Yacht Cloudia is the largest Sunseeker to 'live' in Singapore

The 95 Yacht Cloudia is the largest Sunseeker to ‘live’ in Singapore

The 95 Yacht was sold and built following a number of meetings between the clients’ representatives, Sunseeker Singapore and Sunseeker International, and has been managed by the local dealership since her arrival.

“The client is delighted with their boat and it’s being used on a regular basis,” said Jessy Ong, Sunseeker Singapore’s Assistant Sales and Marketing Manager. “Our company fully manages all the Sunseekers we’ve sold into Singapore on behalf of the owners, providing them with a total-care concierge service.”

The 95 Yacht and other Sunseekers in Singapore were then joined in December by two units of the Manhattan 52 – the first to arrive in Southeast Asia – and a 76 Yacht, among three in the region.

The popular Sunseeker 76 Yacht has arrived in Singapore and Thailand

The popular 76 Yacht has arrived in Singapore and Thailand

The first 76 Yacht into Phuket arrived in December, sold and now managed by the brand’s Thailand dealer. Customised for a new Sunseeker client, the hull features a galley-down arrangement to provide a huge entertaining area on the main deck, which includes a large circular dining table.

Douglas Culverwell, Sunseeker International’s Regional Business Manager for Asia, said: “The  76 Yacht is a terrific boat for the region. At the shipyard, we are able to customise the layout and offer the clients exactly what they need. It’s the entry point into the Yacht range and then the Super Yacht range, where we now build up to 161ft.”

A Sunseeker Predator 74 has arrived in Hong Kong

A Predator 74 has arrived in Hong Kong

Meanwhile, a second Predator 74 arrived in Hong Kong. The 74 is the largest model in the Predator range and a sister ship of the 74 Sport Yacht, a model delivered to Thailand earlier in 2019.

“We are very excited about the Predator range, having launched the new Predator 60 Evo at the Southampton show 
in September,” Culverwell said. “This is the start of the expansion of our portfolio from 11 to 22 models over three years. These are very exciting times for Sunseeker.”

www.sunseeker.com

The original article appears in Yacht Style Issue 51. Email subscribe@lux-inc.com for print subscription enquiries or subscribe to the Magzter version at: www.magzter.com/SG/Lux-Inc-Media/Yacht-Style/Fashion/

Yacht Style Issue 51: ‘The Personalities Issue’ Is Out Now!

 

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The Laffite G-Tec X-Road is The World’s First All Terrain Supercar

Launching the world’s first all-terrain supercar, the Laffite G-Tec X-Road is not an SUV. Compact with a singular passenger seat, the G-Tec eliminates the stereotypical all-wheel-drive layout, massive touchscreen infotainment systems and a bevy of cup holders.

The Laffite G-Tec X-Road is The World’s First All Terrain Supercar

Weighing an estimated 2,866 pounds, this miniature two-seat, rear-wheel-drive supercar’s chromium-molybdenum steel chassis is power packed with a GM LT3 V8 engine, amassing a horsepower which ranges from 420 to 720 under its hood with a sequential five or six-speed paddle shift transmission and no less than 17 inches of suspension travel – making it the ideal mode of transport off-road.

Hitting top speeds of 143mph, the Laffite G-Tec X-Road’s interior is leather-clad with carbon fiber and aluminum with rear wheels capable of redistributing enormous amounts of desert sand, effortlessly.

With production capped at 30, The Laffite G-Tec X-Road is currently worth $465,000 and is available for pre-order in an exclusive offering, which includes an all-electric alternative worth $545,000.

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Sydney’s Property Gems – One Sydney Harbour and Crown Residences at One Barangaroo

A Knight Frank report cites: The Australia property market is expected to soften in the next quarter but that does not make it one of the world’s most sought-after destinations to invest in properties, particularly Sydney and Melbourne, where the former offers two prime property gems – One Sydney Harbour and Crown Residences at One Barangaroo. A Q3 2019 Knight Frank report revealed: Australia’s five major cities ranked in the top 18 of the most liveable cities in the world in 2019. Melbourne was highest in 2nd place, followed by Sydney (3rd, up to two places), Adelaide (10th, stable), Perth (14th, down from 12th) and Brisbane (18th, up from 22nd place). The Economist Intelligence Unit based analysis on the stability, health care, environment, education and infrastructure across the 140 global cities.

One Sydney Harbour

One Sydney Harbour

“When the coalition gained power in late May 2019, the housing market’s positive sentiment rose. Shortly, this was segued by two consecutive 25 bps cuts to the official cash rate in June and July – both times this was passed on by most mortgage lenders, now operating in a relaxed, but responsible lending environment,” says Michelle Cielsielski, Director, Residential Research, Knight Frank Australia.

In July 2019, the nation witnessed the first of lower taxes kicking in for low to middle-income earners. Gross rental yields were up 10 bps to 3.4 per cent for houses but remained steady at 4 per cent for apartments over the June 2019 quarter. In Sydney, New South Wales (NSW) economic growth was up 3.4 per cent in 2018 with a similar prediction of 3.4 per cent in 2022.

 

Jones Lang Laselle: Gaining Confidence

A November 2019 report from Jones Lang Laselle reveals: “Confidence in the existing Sydney housing market continues to improve, but conditions remain tough for developers.” The report also adds that Sydney’s existing dwelling prices will continue to rebound. A series of interest rate cuts, as well as fear of missing out as prices recover, has encouraged more buyers into the existing housing market, which has returned prices to positive growth. Despite a decline in transactions, market sentiment has improved, which is supported by increased auction clearance rates in the existing housing market. Record low-interest rates and easing credit conditions will also continue to draw more buyers into the market over medium-term suggesting that demand has passed a trough. Nevertheless, as vendor confidence improves, more properties will be listed, which may see auction clearance rates moderate. In fact, since the trough, house prices have grown 5.5 per cent and apartments 4.9 per cent to now both be only slightly below their 2017 peaks. However, price growth is likely to moderate as more supply enters the market on the back of improved vendor confidence and listing growth.

 

One Sydney Harbour

Renzo Piano is no stranger to the architecture world and when he was commissioned to design One Sydney Harbour, he took to the project like fish to water. His latest creation around the Sydney Harbour is One Sydney Harbour – a gleaming, modernist project consisting of three buildings positioned right next to the Crown Casino Tower in Barangaroo. The Pritzker Prize-winning architect has designed eminent building such as The Shard, The New York Times building, to name a few. Unique to the architecture is how this elegant building will reflect and shimmer the sparkling water of Sydney Harbour while embracing its iconic surrounding landscape. Piano’s Midas Touch ensures that each building will have unique treatments where different levels of reflectivity can be seen at different times of the day, akin to a shimmery crystal when it catches the light. The views to the north are most inspiring as one can witness Harbour Bridge and Opera House, as well as views west across Darling Harbour and to the Blue Mountains.

Dining area in a unit at One Sydney Harbour

The dining area of a unit

The flagship penthouse is a single residence but allows an additional third floor – which forms part of the overall home – to function as a separate residence. The entire unit spans the top three floors of One Sydney Harbour’s three luxury residential towers. At 17,000 square feet of space, this penthouse offers nine bedrooms where residents will gawk at the 8-metre high ceilings.  It features a private roof-top pool, spa and gymnasium, as well as a very generous master bedroom.

“We’ve been overwhelmed by the interest we’ve received. Not only have we secured

more than $140 million with the penthouse sale, but a further seven whole floor

apartments have been sold, proving there is significant depth in the super luxury

apartment market in Australia,” says Ben Christie, Global Head of Product and Sales, Lendlease.

The tallest of the three structures in the One Sydney Harbour development stands at 247 metres and will be the tallest residential building in the entire city. The second tower and third tower will be 207 metres and 104 metres high, respectively. The property has nearby new Barangaroo station precinct as part of the Sydney Metro; other public transport routes are also available. Future residents can enjoy world-class waterfront dining options simply by venturing downstairs. There are also nearby parklands (i.e. Barangaroo Reserve and Hickson Park – a one-hectare green link across Barangaroo South) for residents to enjoy a lush respite during the mornings or evenings. This is complemented by a selection of boutique stores to elevate the lifestyle experience. Not to be missed is Waterman’s Cove which is an amphitheatre-style boardwalk on the water. https://ift.tt/3aumsuC

 

Crown Residences at One Barangaroo

Crown Residences at One Barangaroo’s proposition of looking at enviable views of Sydney Harbour is enough for one to consider this prestigious investment. The captivating architecture is designed by the genius WilkinsonEyre Architects, allowing units to take in the stunning panoramic views.

Penthouse master bedroom at Crown Residences at One Barangaroo

Penthouse master bedroom at Crown Residences at One Barangaroo

On the other hand, the interiors are designed by the preeminent New York-based Meyer Davis Studio Interiors. The beautiful interiors offer a tapestry of contemporary aesthetics and modern materials and finishes that have a sophisticated palette. The interior design emanates warmth as it offers contemporary and luxurious design elements such as European oak timber floors, ripple textured bronze glass, polished stainless steel, and stunning veined marble slabs.

This alluring waterfront property is a masterpiece that not only embellishes the Sydney skyline but is instantly recognisable from any vantage point in Sydney. From ground to apex, this striking building offers 71 storeys where 82 private residences (i.e. homeowners can choose: Homeowners can choose from two-, three-, four-, and six-bedroom configurations, or the top-of-the-line is the Duplex Penthouse) sit atop 349, six-star Crown Resorts hotel rooms. The building’s three twisting petals rise to the sky maximising the view lines from each residence to the Sydney Harbour Bridge, the iconic Opera House and beyond. A fortunate few will have a choice of two-, three- or four-bedroom residences, or indulge in the single 6-bedroom Duplex Penthouse. The development offers modern amenities such as in-residence dining where meals are ordered from the integrated six-star hotel. However, you can also head to one of the handpicked restaurants situated within the building. There is also a state-of-the-art gym for a workout or pamper yourself in the Blainey North-designed spa. Just within the vicinity of the property are eateries and lifestyle shops to sate the whims of future homeowners. With beaches and countryside walks to partake during the weekends, it’s no wonder that Sydney snagged two accolades last year: it was ranked 5th as “Most Liveable Cities” by the Economist Intelligence Unit and 11th on Knight Frank’s “City Wealth Index”.

Skyline tower of Crown Residences at One Barangaroo

Skyline tower of Crown Residences at One Barangaroo

One Barangaroo’s easy access to the CBD is just a few minutes’ walk and the spanking-new ferry terminal in Sydney is another means of transport. The project is definitely Sydney’s most exciting waterfront and city living project. Its vantage location, coupled with the calibre of the developer, Crown Resorts, suggests this prestigious property is a once-in-a-lifetime opportunity.

Read more about Crown Residences at One Barangaroo here.

 

 

 

 

 

 

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