High Point up for sale under public tender

Savills Singapore will serve as the exclusive marketing agent for the transaction. 

High Point, a 22-storey residential tower, was announced to be going for sale under public tender by Savills Singapore. 

The residential building is composed of 57 apartments and 2 penthouses, with it being located at 30 Mount Elizabeth. The apartments have two variants, both 268 and 272 square metres (sqm) big, whilst the penthouses have areas of 389 sqm and 592 sqm. Surrounding the area is an exclusive cul-de-sac, whilst also being within walking distance to Paragon Shopping Centre and other amenities located along Orchard Road. 

As covered by the 2019 Master Plan, the 47,606 square feet (sq. ft.) site falls under the residential zone with an allowable gross plot ratio of 2.8 and height control of up to 36-storeys. Currently, High Point has a gross floor area of around 211,976 sq. ft., with a Development Baseline at an estimated 213,383 sq. ft. 

A pre-application feasibility study is also not required by the Land Transport Authority for the site redevelopment. 

“High Point represents a truly unique opportunity for developers to create an iconic ultra-luxurious development befitting the property’s site excellent attributes. The future development will redefine the new level of luxury living in one of the most affluent enclaves in Singapore,” said Galven Tan, Deputy Managing Director, Investment Sales & Capital Markets. 

Amenities such as Mount Elizabeth Hospital, Paragod Medical, the Singapore Botanic Gardens and schools such as Anglo-Chinese School and the Eton House International Pre-School are also within reach. 

Meanwhile, located a few minutes away is the Orchard Road MRT station, which is set to go into operation in 2022.