Bespoke in Every Detail
One Draycott, located at 1 Draycott Park, sits on a prime piece of real estate in District 10. At present, the freehold condo is a seven-storey tower that consists of just eight units (with the largest apartments spanning a whopping 6,200 square feet). The total size of the land plot is 17,442 square feet.
The buyer is Champsworth Development, a company that’s 50 per cent owned by Selangor Dredging. The development was bought at $72 million, or roughly $1,782 psf. After a period of consolidation which completed in 2004, Selangor Dredging Berhad (SDB) is now a company focused fully on property activities – hotel, property management and leasing and its main business activity of property development.
SDB is now known as an award winning developer who produces niche property developments with innovative concepts and designs. Some of the developments in Singapore completed by SDB are Hijauan On Cavenagh, Village at Pasir Panjang, OKIO at Balestier, Gilstead II at Novena and JIA at Wilkie.
At Draycott Park, residents with kids can also enjoy close proximity to renowned schools such as Chatsworth International School, River Valley Primary School, ACS Junior and ISS International School. For the sophisticated individuals, Tanglin Club and American Club are also within mins away. Healthcare services such as Mount Elizabeth Hospital and Gleneagles Hospital are also stone throw away.
For other properties, go to LUXURY HOMES SINGAPORE ON SALE